Global Prawn Market Overview 2018, Demand by Regions, Share, Price Trends, and Forecast to 2023

The global prawn market has experienced a positive growth over the years, owing to the increasing consumption of various processed prawn products, such as peeled prawn, shell-on prawn, cooked prawn, and breaded prawn.

The latest report by IMARC Group, titled “Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global prawn market reached a volume of 5 Million Tons in 2017. Prawns are shrimp-like aquatic crustaceans with ten legs and an exoskeleton. People residing near seashore often consume prawns as they offer numerous health benefits. They are an excellent source of high quality protein and also provide minerals and vitamins in an extremely diverse set of healthy and tasty meals. Prawns are extremely low in calories and help the body to build muscles, produce energy and replenish red blood cells. On account of this, they form an important part of various cuisines and represent one of the most traded seafood species.

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Highlights of the global prawn market:

• Consumer’s demand for fresh and frozen seafood is anticipated to be the major demand driver.
• Peeled prawn is the most popular product type, holding the majority of the total market share.
• China accounts for the majority of the global share, representing the largest producer of prawns.

The surging consumption for fresh and frozen seafood products is one of the major factors that is fueling the demand for prawns worldwide. Additionally, prawns offer an ideal combination of fats and proteins which makes them very beneficial for the human health. This has led to a shift in the food habits of the consumers across the globe towards the consumption of healthier seafood products, thereby boosting the global prawn market. Some of the other factors contributing to the market growth include easy availability of prawns, launch of new ready-to-eat product variants with improved taste and versatility, rising purchasing power of the consumers, rapid urbanization, growth in the aquaculture activities, and improved cold storage facilities, particularly in the emerging regions. According to the report, the global prawn market is further expected to reach a volume of 6 Million Tons by 2023, exhibiting a CAGR of more than 3.8% during 2018-2023.

On the basis of species, the market is segmented into Penaeus vannamei, Penaeus monodon and others. Currently, Penaeus vannamei is the most popular species, holding the majority of the total market share. Based on the type of processed prawn products, the market includes peeled prawn, shell-on prawn, cooked prawn and breaded prawn, wherein peeled prawn dominates the market. Region-wise, China represents the leading market, accounting for the largest share. Other major regions include Indonesia, Vietnam, India, Thailand and Ecuador.

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

Species:

• Penaeus vannamei
• Penaeus monodon
• Others

Type:

• Peeled prawn
• Shell-on prawn
• Cooked prawn
• Breaded prawn

Region:

• China
• Indonesia
• Vietnam
• India
• Thailand
• Ecuador

Browse related reports:

Shrimp Market Research Report 2018-2023

Indian Shrimp Market Research Report 2018-2023

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Global Cassava Starch Market Overview 2018, Demand by Regions, Share, Price Trends and Forecast to 2023

The global cassava starch market is currently experiencing a positive growth. This is due to the factors which include high nutritional content, thriving food industry, rising non-food applications and low capital investment.

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Cassava starch, also known as tapioca starch, can be easily extracted from the roots of cassava as compared to other starches. It incorporates a simple process which can be performed on a small-scale with limited capital. In addition to this, cassava starch has high amounts of calcium, iron, folate, manganese and carbohydrates, whereas low amounts of saturated fat and sodium. Some of the physical and chemical properties of cassava starch include high level of purity, neutral taste, high paste viscosity, high paste clarity and high freeze-thaw stability which are advantageous to many industries. A new research report titled “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a volume of 6.7 million tons in 2017. The report further anticipates the market to cross 7.4 million tons, registering a CAGR of approximately 1.6% by 2023.

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Market Drivers/Constraints:

• Cassava starch is known for its hydrating, thickening, water absorption and texturising properties and thus, it is extensively used in the processing of bakery & pastry products, noodles, soups, yogurts, ice creams, soft drinks, etc. This represents a major factor for the growth in demand of cassava starch.
• In the adhesive industry, cassava starch is highly preferred as it possesses characteristics which help in improving the appearance, strength and printing properties of paper.
• Cassava starch offers numerous health benefits such as it reduces cholesterol levels, maintains blood sugar levels, prevents constipation, aids digestion and provides satiety. This coupled with the growing health consciousness among the consumers has further augmented the global demand for cassava starch.
• However, the price of cassava starch is currently higher than other types of starches, such as corn starch, which is limiting its consumption. This acts as a major road block for the growth of the market.

End-Use Insights:

Based on end-use, sweeteners exhibit a clear dominance in the market, accounting for the majority of the global share. This can be attributed to the thickening and texturising properties of cassava starch. It is followed by MSG/lysine, food industries, paper industries, modified starch and textile.

Regional Insights:

On a geographical front, Asia-Pacific enjoys a leading position in the global cassava starch market owing to the socio-economic conditions of the region. Within Asia-Pacific, Thailand and Indonesia currently represents the biggest markets. Asia-Pacific is followed by Latin America and others.

Competitive Landscape:

The market is surrounded by the presence of manufacturers with different capacities who compete in terms of prices and quality. Some of the leading players operating in the market are:

• SPAC Starch Product India Limited
• Vaighai Agro Products
• Matna Food Ltd.
• Thai German Processing Co. Ltd.
• Psaltry International Limited
• TAPIOCA VIETNAM Company
• Lentus Foods Ltd.
• Keng Seng Group of Companies

Browse related reports:

Native Starch Market Research Report: https://www.imarcgroup.com/native-starch-market

Potato Starch Market Research Report: https://www.imarcgroup.com/potato-starch-market

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Global Cassava Processing Market Overview 2018, Demand by Regions, Share and Forecast to 2023

The global cassava processing market has been witnessing a positive growth. This is due to the longer shelf-life and easier transportability of processed cassava products along with an increasing demand for starch and starch products across food industry.

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Cassava is a carbohydrate-rich starchy vegetable with a tuberous nature, snowy white inner flesh and brown fibrous skin. It is also known as mandioca, yuca or manioc and is cultivated in subtropical and tropical regions in the form of an annual root. Cassava is grown in more than 90 countries across the world owing to its ability to yield a better production in adverse conditions as compared to other crops. It is processed by using several methods to transform into different products which are consumed in various forms. A new research report by IMARC Group, titled “Cassava Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of 284.9 Million Tons in 2017. The report further anticipates the market to reach a volume of 309.7 Million Tons by 2023, exhibiting a CAGR of 1.4% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/cassava-processing-plant

Global Cassava Processing Market Drivers/Constraints:

• The demand for processed cassava products is rapidly increasing as they have longer shelf-life and are easier to be transported as compared to fresh cassava roots which are perishable and bulky in nature.
• Processed cassava products find their applications in several industries including ethanol, paper and cardboard, textiles, food and pharmaceuticals. This, in turn, is driving the growth of the global cassava processing market.
• Cassava has a higher concentration of starch which can be easily extracted on a small scale with limited capital. This is another factor which is positively adding to the rise in demand for the products that are prepared with cassava processing.
• However, the root of the cassava plant includes cyanide which may cause vomiting, dizziness, nausea, diarrhoea, weakness and death, if not processed properly. This acts as a hindrance towards the growth of the market.

End-Use Insights:

Based on end-use, the report finds that food use currently represents the largest segment of cassava processing. This is due to the rising demand for starch and starch products across the food industry. Food use is followed by feed use.

Regional Insights:

On a geographical front, Nigeria is the leading region in the global cassava processing market. This can be accredited to the development of improved varieties of cassava in the region. Nigeria is followed by Thailand, Indonesia, Brazil and Congo.

Competitive Landscape:

The global cassava processing market is highly fragmented with a presence of various small and large manufacturers who compete in terms of quality and prices. As a result, it becomes difficult for small players to survive as there is an intense competition in the market. Some of the leading players operating in the market are:

• Avebe U.A.
• Global Bio-Chem Technology Group
• Penford Corp
• Cargill Incorporated
• Ingredion

Browse related reports:

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Global Fresh Cream Market Overview 2018, Demand by Regions, Share and Forecast to 2023

Cream is a unique dairy product which finds varied applications in numerous foods and beverages. Some of the factors currently facilitating the growth of the global fresh cream market are the expanding food and beverage industry and growth in developing nations.

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Procured from milk, fresh cream is a dairy product that has various functional properties such as enhancing the flavour, providing a rich consistency and helps in emulsification. It is used on its own as well as a base within numerous cuisines across the world. Moreover, fresh cream can also be accompanied with fruits, yoghurts, sauces, curries, cheese, ice creams, etc. A new research report by IMARC Group, titled “Global Fresh Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of around 3.5 Million Metric Tons in 2017. The report further anticipates the market to cross a volume of 4 Million Metric Tons by 2023, at a projected CAGR of more than 2% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/fresh-cream-market

Market Drivers/Constraints:

• One of the primary factors which is driving the demand for fresh cream is thriving food and beverage industry. Owing to its rich texture and creaminess, fresh cream is used worldwide in various cuisines such as custards, pastas, ice-cream, shakes, sauces, sandwiches, etc.
• As a result of surging disposable incomes, hectic lifestyles, changing dietary patterns and rising health consciousness among the consumers, there has been a shift towards convenient and healthy food products such as fresh cream. This acts as another factor which is adding to the growth of the global fresh cream market.
• In addition to this, manufacturers have been consistently focusing on unique marketing strategies and coming up with new and different forms, and textures in order to widen their consumer base.
• However, the market also faces some of the challenges such as the soaring population of vegans and lactose intolerant which poses a major threat to the market growth.

Regional Insights:

On a geographical front, Asia, Europe, Middle East and Africa, North America and South America. Currently, Europe represents the largest consumer of fresh cream accounting for the majority of the total market share.

Competitive Landscape:

The market is highly fragmented with the presence of both small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:

• Nestlé
• Danone
• Sodiaal
• Lactalis Group
• Fonterra
• Amul

Browse related reports:

Mayonnaise Market Research Report: https://www.imarcgroup.com/prefeasibility-report-mayonnaise-manufacturing-plant

Ice Cream Market Research Report: https://www.imarcgroup.com/ice-cream-market

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Global Milk Powder Market Overview 2018, Demand by Regions, Share, Price, and Forecast Research Report to 2023

The global milk powder market is currently witnessing a positive growth. This can be accredited to various benefits offered by milk powder which include longer shelf life, lower distribution costs and easier transportability.

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Milk powder or dried milk is a dairy product which is manufactured by evaporating milk until it becomes dry. During the process, the milk is pasteurised under controlled temperatures to eliminate any bacterial growth. Milk powder is a rich source of essential vitamins and minerals such as calcium, zinc, magnesium, and vitamins A, E, K and D. In addition to this, it also provides other nutritional elements such as antioxidants and amino acids which play a vital role in cellular growth, aiding in blood clotting and enhancing the body’s immune system. A new research report by IMARC Group, titled “Milk Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of 10 Million Tons in 2017. The report further anticipates the market to reach a volume of more than 12 Million Tons by 2023, at a projected CAGR of nearly 4% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/milk-powder-processing-plant

Global Milk Powder Market Drivers/Constraints:

• Milk powder offers an extended shelf life so that it can be stored for a longer period of time without any significant loss of quality of the milk. This is one of the major factors which is driving the growth of the global milk powder market.
• Consumers across emerging markets have become aware about the usage and benefits offered by milk powder. This, in turn, is proliferating the demand for milk powder across the globe.
• Apart from this, the growth of the market is also being influenced by mass urbanisation, improving living standards, a stable growth across end-use industries along with easy transportability and low distribution costs of milk powder.
• However, adulteration, addition of preservatives and implementation of stringent regulations by governments across various nations are some of the factors which act as major obstacles for the market growth.

Product Type Insights:

On the basis of product type, the market has been segmented into whole milk powder and skimmed milk powder. Among these, whole milk powder currently dominates the market as it does not contain any flavours, additives or preservatives.

Regional Insights:

On a geographical front, the European Union dominates the global milk powder market as a result of a shift towards the consumption of dairy-rich palate as well as low storage and transportation costs of milk powder. Some of the other major markets include New Zealand, China, the United States and Brazil.

Competitive Landscape:

The highly fragmented milk powder market is surrounded by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Nestlé
• Danone
• Lactalis
• Fonterra
• FrieslandCampina

Browse related reports:

Global Dairy Market Research Report: https://www.imarcgroup.com/global-dairy-market

UHT Milk Market Research Report: https://www.imarcgroup.com/uht-milk-processing-plant

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Global Chickpeas Market Overview 2018: Growth, Price Trends, Demand and Forecast Research Report to 2023

The global chickpeas market is growing at a healthy rate. Some of the factors that have influenced the demand include rising population, improving standards of living, health benefits, increasing applications in food industry, etc.

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Chickpeas, also known as garbanzo beans, are pulses which belong to the Leguminosae family, consumed mainly within the Asian and Middle Eastern nations. Chickpeas are endowed with the goodness of nutrients, vitamins and fibre, and help in increasing folate as well as manganese intake. They are beneficial for boosting digestion, keeping blood sugar levels stable and catering satiety as well as weight-loss. Chickpeas are generally distinguished into two types, namely Desi and Kabuli. While Desi chickpeas are grown in India, Kabuli chickpeas are cultivated only in West Asia and the Mediterranean regions. A new research report by IMARC Group, titled “Chickpeas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global chickpeas market reached a volume of more than 12 Million Tons in 2017. The report further anticipates the market to reach approximately 13 Million Tons by 2023, at a projected CAGR exceeding 1% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/prefeasibility-report-chickpea-processing-plant

Market Drivers/Constraints:

• One of the primary factors that has proliferated the demand for chickpeas are the health benefits that are associated with chickpeas. Some of these health benefits include weight management, strengthening bones, reduction of inflammation, improving digestion, and preventing diabetes and heart-attacks.
• In addition, the growing population in emerging nations has affected the demand for food supply. As a result, the demand for chickpeas has witnessed a surge over the past few years. Further, improving standards of living have shifted consumer preferences to healthier food options like chickpeas.
•  Moreover, chickpeas are known for their potency to enhance the aroma and taste of numerous food products like spreads, dips, soups, sauces, etc. This has led to the rising applications of chickpeas in the food industry, thereby influencing its overall demand in the global market.
• However, there are several factors that hamper the market growth. Though chickpeas act as a great source of gluten-free protein for the vegans, eating chickpeas in excess may disturb the digestion pattern or give a stomach-ache.

Regional Insights:

On a geographical front, India represents the biggest producer of chickpeas accounting for the majority of the global production. It is followed by Australia, Pakistan, Myanmar and Ethiopia. The report has also covered the import and export trends, where Australia enjoys a leading position as an exporter in the market, followed by Russia, India, Mexico, Canada, the United States, Ethiopia, Argentina, Tanzania and Iran. On the other hand, India is the largest importer of chickpeas, followed by Bangladesh, Egypt, the United States, Algeria, Pakistan, Spain, United Kingdom and Turkey.

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Pigeon Pea Market Research Report: https://www.imarcgroup.com/prefeasibility-report-pigeon-pea-processing-plant

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Global Flavoured Milk Market Overview 2018: Share, Growth, Demand and Forecast Research Report to 2023

The global flavoured milk marketing is witnessing a positive growth. This can be highly accredited to the efforts made by manufacturers in terms of new product varieties and attractive packaging.

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Flavoured milk is produced using milk, sweeteners, added flavours, colourings and preservatives, in order to enhance the taste. It is recognized as the second most acceptable dairy product worldwide and contains vital nutrients like calcium, protein, vitamins, etc. In addition to this, it comes in different variants as well as disparate milk types, such as fat-free, low-fat, etc. A new research report by IMARC Group, titled “Flavoured Milk Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of 21.7 Billion Litres in 2017. The report further anticipates the market to reach approximately 28 Billion Litres by 2023, at a projected CAGR of around 4.5% over the forecast period.

Market Drivers/Constraints:

• Currently, more than a half of the demand for flavoured milk comes from developing countries where the market is expanding constantly. Thus, manufacturers are shifting their focus towards emerging markets.
• Continuous introduction of innovative packaging and new product variants with enhanced nutritional value as well as new and unique flavours has attracted a large section of consumers. This represents another factor bolstering the market growth.
• Moreover, the factors that have been proactive in maintaining the growth of the global flavoured milk market include hectic schedules and disturbed eating patterns which have increased the global demand for convenient food and beverages such as flavoured milk.
• However, there are several factors that imped the market growth. Flavoured milk stands in a great competition to carbonated beverages. Further, a rise in the vegan population acts as another obstacle for the market growth.

Regional Insights:

On a geographical front, Asia-Pacific represents the leading market for flavoured milk, accounting for the majority of the market share. Within Asia-Pacific, China represents the largest consumer. Asia-Pacific is followed by Africa, Eastern Europe, Latin America, North America and Western Europe.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:

• Danone
• Arla Foods
• Dean Foods
• China Mengniu Dairy
• Amul, Lactalis Parmalat
• Yili Industrial Group.

Browse related reports:

UHT Milk Market Research Report: https://www.imarcgroup.com/uht-milk-processing-plant

Fluid Milk Market Research Report: https://www.imarcgroup.com/fluid-milk-market

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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 Instant Noodles Market Overview 2018: Share, Size, Growth, Demand and Forecast Research Report to 2023

Over the years, the global instant noodles market is growing at a steady rate. Some of the factors driving the market growth are rise in working women population, emergence of innovative flavours, ease of preparation and storage, etc.

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Instant noodles refer to the precooked dried noodles which are made up of ingredients such as flour, water, oil and salt. They are dehydrated using one of the two processes, namely flash or air frying. Instant noodles are generally accompanied with a small sachet comprising of the tastemaker. In addition to this, they are high in carbohydrates and fat but low in protein, vitamins, minerals and fibre. Moreover, instant noodles have gained immense popularity worldwide and are now available in every nook or cranny. A new research report by IMARC Group, titled “Instant Noodles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market to reach a value of US$ 40 Billion in 2017. The report further anticipates the market to cross US$ 55 Billion by 2023, at a projected CAGR of more than 5% over the forecast period.

Market Drivers/Constraints:

• A rapid increase in the number of working population, coupled with mounting professional and personal responsibilities has made consumers oscillate from home cooked food to ready-to-eat food items like instant noodles. This has led to a growth in the global instant noodles market.
• Instant noodles are currently witnessing a heightened demand, owing to the product innovations that have been introduced by the manufacturers, keeping in mind the preferences of consumers. Moreover, manufacturers are also launching variants which are inspired from tastes of various regions.
• Some of the other factors that have led to an escalation in the demand for instant noodles include convenience, affordability, ease of storage, long shelf-life and rising women employment rates.
• However, there are various factors which hamper the growth of the market. The consumption of instant noodles on an everyday-basis can have a negative impact upon the health. Instant noodles are low in nutritional content and contain fat, carbohydrates, sodium and calories because of the dehydrating and preserving process.

Regional Insights:

On a geographical front, the market has a presence in many countries across the globe. China exhibits a clear dominance in the market of instant noodles, accounting for the majority of the total global consumption. China is followed by Indonesia, Japan, the United States, Vietnam, Republic of Korea, India, South Arabia and Thailand.

Competitive Landscape:

The market is fragmented with the presence of various small and large manufacturers who compete in terms of prices and quality. There is a rigid competition in the market which makes it difficult for small players to enter the market. Some of the leading players operating in the market are:

• Master Kong
• Hebei Hualong Food Group
• Indofood Sukses Makmur
• Nissin Foods
• Nestle
• Acecook Vietnam Joint Stock Company

Browse related reports:

Pasta Market Research Report: https://www.imarcgroup.com/pasta-market

Frozen Finger Chips Market Research Report: https://www.imarcgroup.com/frozen-finger-chips-manufacturing-plant

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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.

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Global Potato Chips Market Overview 2018, Demand by Regions, Share, Growth and Forecast to 2023

The global potato chips market has been witnessing a positive growth. This can be attributed to the rising demand for packaged food, easy availability and affordability of potato chips, introduction of new flavours and attractive packaging by manufacturers.

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Potato chips are thin slices of potatoes that are baked, fried, popped or kettle-cooked until they become crunchy. These chips are usually made of floury potatoes as they have lower levels of water and sugar. The colour of potato chips is yellowish-brown which is the result of the combination of amino acids and sugar. These chips are served as a snack, appetiser or side dish with the addition of other flavours and ingredients such as salt, cheeses and spices among others. A new research report by IMARC Group, titled “Potato Chips Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth more than US$ 28 Billion in 2017. The report further anticipates the market to cross US$ 34 Billion by 2023, at a projected CAGR of over 3.4% during the forecast period.

Read full report with TOC: https://www.imarcgroup.com/potato-chips-manufacturing-plant

Global Potato Chips Market Drivers/Constraints:

• One of the major trends that has been witnessed in developing markets is the rise in the demand for packaged food on account of hectic lifestyles, changing dietary patterns and western influences.
• Over the years, consumers in developed regions, have started inclining towards the healthier alternatives of potato chips such as low-sodium and low-fat chips. This acts as a primary factor which is driving the growth of the market.
• As compared to other snacks, potato chips are easily available and can be purchased at lower prices. This, in turn, contributes towards an augmented demand of potato chips across the globe.
• Moreover, rising disposable incomes, escalating young population, introduction of new flavours and attractive packaging are some of the other factors which are positively influencing the growth of the market.
• However, the growth of the market is hindered by an increase in health consciousness among the consumers which has encouraged the shift towards healthier eating patterns.

Regional Insights:

On a geographical front, the United States enjoys a leading position in the global potato chips market, holding the majority of the market share. This is due to an availability of unique and new flavours along with the rising demand for quick snacks across the region. It is followed by the United Kingdom, Russia, China, Argentina, Brazil and India.

Competitive Landscape:

The highly fragmented market includes various large and small manufacturers who compete in terms of prices and quality. At present, it is difficult for small players to survive without the help of acquisition as there is an intense competition in the market. Some of the leading players operating in the market are:

• Pepsico
• Kraft Foods
• Kellogs
• Diamond
• General Mills
• Nestle

Browse related reports: 

Frozen Finger Chips Market Research Report: https://www.imarcgroup.com/frozen-finger-chips-manufacturing-plant

Pasta Market Research Report: https://www.imarcgroup.com/pasta-market

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Global Sugar Market Overview 2018: Size, Growth, Price Trends, Demand and Forecast Research Report to 2023

The global sugar market is currently witnessing a positive growth. This can be highly accredited to the factors such as thriving food & beverage industry, expanding non-food applications as well as a strong demand from emerging regions.

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Sugar, also known as sucrose, refers to a type of disaccharide made from the combination of the monosaccharides glucose and fructose. Sugar is a fine, colourless, odourless crystalline powder with a pleasing and sweet taste. In addition to this, it is not only present naturally within fruits but can also be produced commercially. Further, sugar is highly regarded across various industries for its distinct properties which include. A new research report title “Sugar Market: Global Industry Trends, share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market was worth 167 Million Tons in 2017. The report further anticipates the market to reach approximately 194 Million Tons by 2023, at a projected CAGR of around 3% over the forecast period.

Market Drivers/Constraints:

• Sugar helps to enhance texture, controls moisture and acts as a preservative due to which it is extensively used in the food and beverage industry. This represents one of the primary factors which is stimulating the growth of the global sugar market.
• Expanding non-food applications across various sectors such as pharmaceuticals, cosmetics, bioplastic, etc. is another factor which is contributing to the market growth. In pharmaceuticals, sugar is used in tablets and cough syrups whereas in cosmetics, it is utilised as an organic exfoliant.
• Some of the other forces that have been proactive in maintaining the demand for sugar include surging population, elevating incomes, urbanisation, improving standards of living, flourishing end-use industries and a strong demand from emerging economies.
• However, the confluence of health-conscious consumer base and the availability of substitutes, such as stevia and aspartame, acts as major hindrance for the market growth.

Regional Insights:

On a geographical front, Brazil dominates the global sugar market, accounting for around a fifth of the total global production. In Brazil, sugar represents a crucial part of the economy and it contributes significantly to the national GDP. Brazil is followed by India, the European Union, China and Thailand.

Competitive Landscape:

The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:

• Sudzucker AG
• Tereos
• Cosan
• Mitr Phol Sugar Corporation Ltd.
• Associated British Foods
• Nordzucker AG
• Biosev (Louis – Dreyfus)
• Wilmar International Limited
• Thai Roong Ruang Group

Browse related reports:

Pickles Market Research Report: https://www.imarcgroup.com/pickles-market

Canola Oil Market Research Report: https://www.imarcgroup.com/canola-oil-market

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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.

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US Pet Food Market Overview 2018: Growth, Share, Analysis and Forecast Research Report to 2023

The US pet food market has been witnessing a positive growth. This can be accredited to a rapid rise in pet-ownership and humanisation, lifestyle trends along with the availability of organic and natural product varieties across the region.

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Pet food is made with animal grade ingredients which are fit for the consumption of animals. Some of these include meat, insects, seeds, suet and plant derivatives along with other major components such as vitamins, additives and essential nutrients. Over the years, pet food has gained immense popularity in the United States and is now readily available at supermarkets and pet stores. A new research report by IMARC Group, titled “US Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth nearly US$ 27 Billion in 2017. The report further anticipates the market to cross US$ 34 Billion by 2023, at a projected CAGR of more than 4% over the forecast period.

US Pet Food Market Drivers/Constraints:

• Over the years, there has been an increase in pet-ownership across the United Sates which is one of the primary factors driving the growth of the US pet food market.
• In the United States, another trend that has been observed is that the pet owners have been upfront about the dietary needs of their pets. Thus, pet humanisation and premiumisation represent another factor which is contributing towards the augmented demand for pet food across the region.
• In order to broaden their consumer-base, manufacturers have been focussing on unique marketing strategies as well as coming up with organic and natural pet food varieties. This has highly contributed towards the overall growth of the market.
• However, increasing cases of obesity and diabetes among pets act as a major obstacle which is impeding the growth of the market.

Pet Type Insights:

On the basis of pet type, the market has been segmented into dog food and cat food. Dog food exhibits a clear dominance owing to the increasing consumer preferences towards dogs for security and companionship along with the rising trend of nuclear families.

Product Type Insights:

Based on product type, there are a number of pet food available in the market. Dry pet food is the largest segment as it is cost-effective as compared to its counter parts. It is followed by treats and mixers, and wet pet food.

Competitive Landscape:

The market is highly fragmented with the presence of numerous manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

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

Browse related reports:

Pet Food Market Research Report: https://www.imarcgroup.com/pet-food-market

Dog Food Market Research Report: https://www.imarcgroup.com/dog-food-manufacturing-plant

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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 Palm Oil Market Overview 2018: Growth, Demand and Forecast Research Report to 2023

The global palm oil market is currently witnessing a positive growth. This can be highly accredited to the factors such as long shelf life and various health benefits of palm oil, expanding non-food applications as well as a strong demand from emerging regions.

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Palm oil is an edible vegetable oil extracted from the fruit of oil palms. The appearance of palm oil is reddish in colour due to the high beta carotene content. As compared to other vegetable oils, palm oil has emerged as the key global source of vegetable oil on account of satisfactory availability, versatility in usage and lower cost. Further, healthcare benefits of palm oil include ability to enhance energy levels, improve eye vision, boost immunity system, prevent premature ageing and reduce the risk of cancer and heart diseases. A new research report title “Palm Oil: Global Industry Trends, share, Size, Growth, Opportunity and Forecast 2018-2023” by IMARC Group estimates that the market reached a volume 73 million tons in 2017. The report further anticipates the market to reach approximately 96 million tons by 2023, at a projected CAGR of 4.8% over the forecast period.

Read full report with TOC: https://www.imarcgroup.com/palm-oil-processing-plant

Market Drivers/Constraints:

• As palm oil is resistant to oxidation and can be used in even high temperatures, it helps in promoting a longer shelf life of the products. This has facilitated its application in a number of products in the food industry.
• In recent years, governments across various nations have taken initiatives to curb the consumption of trans-fat which has resulted in the increased use of palm oil globally.
• There is also a high demand for palm oil in the consumer goods industry as a result of its fatty acid composition, where it is widely used for manufacturing soaps, detergents, lubricants, greases, candles, etc.
• Moreover, palm oil is also being considered as an effective alternative to fossil fuels in transportation and energy industries. In addition, it is also used as an alternative to mineral oil in power stations for energy production.
• However, as the cultivation of palm oil involves the felling of tropical forests or the burning of peatlands, this has elevated the levels of deforestation, particularly in South-east Asia. This acts as a major constraint for the growth of the palm oil market.

Application Insights:

Based on application, foods represent the largest application segment accounting for the majority of the global palm oil market. This can be accredited to the rising consumer preferences for healthier cooking oil in both mature as well as emerging markets. Foods is followed by consumer products and energy.

Regional Insights:

On a geographical front, India exhibits a clear dominance in the palm oil market. This is due to the confluence of affordability of palm oil and various government initiatives. It is followed by Indonesia, the European Union, China, Malaysia, etc.

Competitive Landscape:

The market is highly concentrated with the presence of established manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for new entrants to survive without any acquisition. Some of the leading players operating in the market are:

• Wilmar International
• Sime Darby Berhad
• IOI Corporation
• Astra Agro Lestari
• Kuala Lumpur Kepong Berhad
• Golden Agri

Browse related reports:

Canola Oil Market Research Report: https://www.imarcgroup.com/canola-oil-market

Soybean Oil Market Research Report: https://www.imarcgroup.com/soybean-oil-processing-plant

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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Global Prawn Market Overview 2017, Demand by Regions, Share, Price Trends and Forecast to 2022

The global prawn market has experienced a positive growth over the years, owing to the increasing consumption of various processed prawn products, such as peeled prawn, shell-on prawn, cooked prawn, and breaded prawn.

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The latest report by IMARC Group, titled “Prawn Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global prawn market reached a volume of nearly 5 Million Tons in 2016. Prawns are shrimp-like aquatic crustaceans with ten legs and an exoskeleton. People residing near seashore often consume prawns as they offer numerous health benefits. They are an excellent source of high quality protein and also provide minerals and vitamins in an extremely diverse set of healthy and tasty meals. Prawns are extremely low in calories and help the body to build muscles, produce energy and replenish red blood cells. On account of this, they form an important part of various cuisines and represent one of the most traded seafood species.

Highlights of the global prawn market:

• Consumer’s demand for fresh and frozen seafood is anticipated to be the major demand driver.
• Peeled prawn is the most popular product type, holding the majority of the total market share.
• China accounts for the majority of the global share, representing the largest producer of prawns.

The surging consumption for fresh and frozen seafood products is one of the major factors that is fueling the demand for prawns worldwide. Additionally, prawns offer an ideal combination of fats and proteins which makes them very beneficial for the human health. This has led to a shift in the food habits of the consumers across the globe towards the consumption of healthier seafood products, thereby boosting the global prawn market. Some of the other factors contributing to the market growth include easy availability of prawns, launch of new ready-to-eat product variants with improved taste and versatility, rising purchasing power of the consumers, rapid urbanization, growth in the aquaculture activities, and improved cold storage facilities, particularly in the emerging regions. According to the report, the global prawn market is further expected to reach a volume of more than 6 Million Tons by 2022, exhibiting a CAGR of more than 4% during 2017-2022.

On the basis of species, the market is segmented into Penaeus vannamei, Penaeus monodon and others. Currently, Penaeus vannamei is the most popular species, holding the majority of the total market share. Based on the type of processed prawn products, the market includes peeled prawn, shell-on prawn, cooked prawn and breaded prawn, wherein peeled prawn dominates the market. Region-wise, China represents the leading market, accounting for the largest share. Other major regions include Indonesia, Vietnam, India, Thailand and Ecuador.

Read full report with TOC: https://www.imarcgroup.com/prefeasibility-report-prawn-processing-plant

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

Species:

• Penaeus vannamei
• Penaeus monodon
• Others

Type:

• Peeled prawn
• Shell-on prawn
• Cooked prawn
• Breaded prawn

Region:

• China
• Indonesia
• Vietnam
• India
• Thailand
• Ecuador

Browse related reports: 

Shrimp Market Research Report: https://www.imarcgroup.com/prefeasibility-report-shrimp-processing-plant

Mayonnaise Market Research Report: https://www.imarcgroup.com/prefeasibility-report-mayonnaise-manufacturing-plant

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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Global Protein Ingredients Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global protein ingredients market has been witnessing steady growth over the years, owing to the increasing applications of protein ingredients in sectors such as food and beverage, pharmaceuticals, and cosmetic and personal care.

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The latest report by IMARC Group, titled “Protein Ingredients market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global protein ingredients market reached a value of US$ 41 Billion in 2016. Protein ingredients consist of various amino acids which are required to maintain the protein levels in the human body. They help in improving physical strength, lowering muscle loss with aging, mitigating the risk of chronic diseases and regulating weight. Adequate consumption of proteins also helps in managing stress, improving immunity, and reducing hunger and body fat. Owing to these factors, the demand for protein ingredients has escalated over the years as consumer shift towards healthy diets.

Highlights of the global protein ingredients market:

• Diverse applications of protein ingredients are expected to be the major demand driver.
• Animal proteins account for the majority of the total market share.
• Europe represents the largest market for protein ingredients, holding the majority of the global share.

Protein ingredients are used in various sectors such as food and beverages, pharmaceuticals, cosmetics, personal care, etc. In the food and beverage industry, protein ingredients are widely used for their functional properties in bakery and dairy products, cereals, meat and poultry. Since protein ingredients help in protecting the skin from environmental damage, their demand in the personal care and cosmetics sectors has also been increasing. Additionally, the pharmaceutical sector remains a major driver of the protein ingredients market as these ingredients are used in various supplements, functional foods and nutraceutical products. Moreover, bodybuilders consume various types of proteins, such as whey and casein, as they contain amino acids which aid in enhanced muscle growth and recovery. As a result of these factors, the global protein ingredients market is further expected to reach a value of around US$ 56 Billion, exhibiting a CAGR of more than 5% during 2017-2022.

On the basis of product type, the market is segmented into animal protein which includes egg protein, whey protein, gelatin, casein and milk protein concentrates/isolates; and plant protein which includes wheat protein, soy protein, pea protein and others. Currently, the animal protein segment holds the majority of the total market share. On the basis of applications, the food and beverage sector currently represent the largest application area of the protein ingredients market. Other major sectors include personal care and cosmetics, pharmaceuticals and animal feed. On the basis of region, Europe presently holds for the majority of the total global shares and represents the largest market for protein ingredients. Other major regions include North America, Asia Pacific, Latin America, and Middle East and Africa. On evaluating the competitive landscape of the market, it is found that the key players include Cargill, Incorporated, Archer-Daniels-Midland Company, Kerry Group, Omega Protein Corporation and Mead Johnson.

Read full report with TOC: https://www.imarcgroup.com/protein-ingredients-market

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

Application:

• Food and Beverages
• Personal Care and Cosmetics
• Pharmaceuticals
• Animal Feed

Region:

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

Major Key Players:

• Cargill, Incorporated 
• Archer-Daniels-Midland Company
• Kerry Group
• Omega Protein Corporation 
• Mead Johnson

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Nutraceuticals Market Report: COQ10, Probiotics/Prebiotics, Taurine, Omega-3, Green Tea, Antioxidants, Calcium, Lycopene, B-Complex, Dietary Fiber, Collagen, Aloe Vera and Zinc

Global Healthcare Cold Chain Logistics Market Report & Forecast (2017-2022)

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

The global pickles market has witnessed a healthy growth over the years, owing to the increasing applications of pickles due to their numerous health benefits, and the rising demand for non-GMO pickles among the consumers.

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The latest report by IMARC Group, titled “Pickles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global pickles market reached a value of more than US$ 10 Billion in 2016. Pickles consist of vegetables and fruits soaked in the solution of vinegar or salt brine which helps to preserve them for a longer period of time. The solution prevents the pickles from decaying and encourages fermentation which makes them less vulnerable to spoilage-causing bacteria. Earlier this process was invented to preserve the vegetables and fruits, but nowadays pickles are consumed extensively as people relish the resulting flavour which is determined by several factors, such as the temperature of fermentation, the acidity or salinity of the solution and the exclusion of oxygen.

Highlights of the global pickles market:

• The rising popularity of organic and non-GMO pickles coupled with the introduction of innovative products are driving the growth of the market.
• Supermarkets and hypermarkets are the most popular distribution channels.
• North America represents the largest market, accounting for the majority of the market share.

The health benefits offered by pickles is the major reason for their rising demand across the globe. They introduce vitamin-B to improve the nutritional value of food, supply essential minerals and vitamins, reduce ulcers, help in digestion and possess anti-oxidant properties. Further, increasing preference for healthier varieties of pickles with lower salt content, and non-GMO and organic ingredients is influencing the market growth. Moreover, pickles are used as toppings to enhance the taste of various food products such as sushi, sandwiches, hotdogs, burgers, etc. This, in turn, has propelled the demand for pickles globally. According to the report, the global pickles market is further expected to reach a value of about US$ 12 Billion by 2022, exhibiting a CAGR of nearly 3% during 2017-2022.

The market is segmented on the basis of product type into fruit pickles, vegetable pickles and meat pickles. On the basis of taste, the market is segregated in sweet, salty and sour pickles. Based on distribution channel, supermarkets and hypermarkets represent the most popular distribution channel. It is followed by convenience stores, independent retailers and online. Region-wise, North America currently accounts for the majority of the global share, followed by Asia Pacific and Europe. Other major regions are the Middle East and Africa, and Latin America. On evaluating the competitive landscape of the market, it is found that the key players include ADF Foods, Pinnacle Foods Inc., Kraft Heinz, Del Monte Foods and Reitzel.

Read full report with TOC : http://www.imarcgroup.com/pickles-market

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

Type:

• Fruit Pickles
• Vegetable Pickles
• Meat Pickles 
• Others

Taste:

• Sweet Pickles
• Salty Pickles
• Sour Pickles

Region:

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

Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Independent Retailers
• Online 
• Others

Key Players:

• ADF Foods
• Pinnacle Foods Inc
• Kraft Heinz
• Del Monte Foods
• Reitzel

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Table Butter Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021

Lassi Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021

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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