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

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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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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 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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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
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal