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Global Glyphosate Market Overview

Glyphosate refers to an organophosphorus compound that is extensively used as a systemic herbicide and crop desiccant. Glyphosate herbicides help in the conservation of the quality of soil and other resources. It also stores the water quality while helping in the reduction of carbon dioxide emissions. These herbicides are used to get rid of weeds and grasses that hinder the growth of consumable plants. Market Research Future (MRFR) in their latest analysis, have regarded that the global glyphosate market size is anticipated to ascend at a 5.5% CAGR over the forecast period of 2017 to 2023.

There are various factors attributing to such fast-paced growth of the glyphosate market. The upscaling use of genetically modified crops is likely to cause a higher demand for glyphosate during the forecast period. Further inclination towards minimum tillage systems will push the glyphosate demand higher on the growth chart. Rising penetration of globalization and industrialization, worldwide, have led to a substantial reduction in the amount of arable land. This, in turn, has resulted in the high demand for fertile land supplements, hence, propelling the growth for glyphosate market.

Moreover, growing demand for agriculture in developing economies is likely to prompt favorable growth in the glyphosate market. However, environmental and health risks associated with glyphosate have led governments in multiple countries to introduce stringent regulations against glyphosate. These regulatory norms banning the use of glyphosate in agricultural practices are most likely expected to pose as a major hindrance in the growth of the global glyphosate market. However, the glyphosate market is anticipated to sustain from high demand from other nonagricultural sectors.

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Key players

The notable players in the global glyphosate market include Nufarm Limited (Australia), UPL Limited (India), Syngenta AG (Switzerland), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), Monsanto Company (U.S.), E.I. Du Pont De Nemours & Company (U.S.), Bayer AG (Germany), The Dow chemical company (U.S.), Nantong Jiangshan Agrochemical & Chemical, Inc. (China), and Adama Agricultural Solutions Ltd (Israel).

Market segmentation

The global glyphosate market has been studied for crop types, forms, and various applications of glyphosate. Different crop types studied in the report include conventional crops and genetically modified crops. Various forms of glyphosate available in the market include liquid glyphosate and dry form of glyphosate. Glyphosate has multiple applications ranging from use for or oil seeds & pulses, grains & cereals, weed removal, and fruits and vegetables.

Detailed regional analysis

The global glyphosate market has been studied for various regional segments of Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, Asia Pacific held the largest share of the glyphosate market in 2016 and is anticipated to retain is a dominant position through the forecast period. Such dominance can be attributed to a growing demand for glass for agriculture and removal of weeds. Mounting population in the region has led to higher agricultural demands, which has resulted in the cultivation of crops using advanced methods. These advanced methods have led to extensive use of pesticides and insecticides in the APAC region, leading to higher consumption of glyphosate, pushing the regional glyphosate market growth.

Europe’s glyphosate market is expected to ascend at a steady CAGR during the forecast period. The ban on glyphosate was lifted by the European Union, for five years in 2017, which is expected to pose favorably for the growth of the regional glyphosate market. The UK, Italy, and Germany are expected to be primary glyphosate market within Europe.

North America is expected to be a significant market for glyphosate. This can be attributed to the employment of advanced farming methods used to yield a large volume of agricultural cultivation. Apart from this, the presence of a large number of glyphosate manufacturers based in the US is contributing heavily to the growth of the glyphosate market in the region. Canada, Mexico, and The US are expected to be the primary country-specific glyphosate market in North America.

Latin America is estimated to exhibit a moderate CAGR for glyphosate as the adoption of the latest technologies and agriculture is observed to be sluggish in the region. Brazil, Uruguay, and Argentina are currently expected to be the dominant country-specific deposit markets in Latin America. Meanwhile, the Middle East and Africa are expected to showcase the lowest consumption of glyphosate, as compared to other regions. This can be accredited to a limited amount of agricultural activities carried out in the region.

Industry Update

June 2018: Bayer AG recently announced the completion of its merger with Monsanto for USD 63 billion. Announced in September 2016, the deal has been closed today after Bayer got all regulatory approvals from several countries including India and the US.

The global dairy alternatives products market is rising continually. Market is majorly driven by the rising prevalence of lactose intolerance disorder worldwide. Besides, the increasing popularity of plant-based dairy worldwide pushes market growth. There have been many researches to approximate the taste of non-dairy as close as dairy products. Investments made to drive these efforts (R&D), in turn, foster the growth of the market.

Furthermore, improvements/upgrades in manufacturing technologies foster market growth. Increased shelf life is a crucial factor in increasing consumer preferences. As a result, industry players continually invest in R&D to improve the performance of preservers.  Moreover, the growing consumption of non-dairy products in the food and beverage industries accelerates market growth.

According to Market Research Future (MRFR), the global dairy alternatives products market size is estimated to garner a valuation of USD 2.1 BN by 2024, growing at 6.3% CAGR during the forecast period (2019–2024). Also, increasing veganism and demand for protein creates enormous market demand. Increasing health-conscious populaces, alongside the pervasively rising lactose intolerance disorder, predominantly boosts the growth of the market.

Besides, substantial R&D investments bolster market growth exponentially. Also, the availability of dairy-free products in convenient packaging and extensive distribution channels such as eCommerce platforms increase market sales. Increasing consumption of dairy alternatives in frozen desserts like dairy-free yogurts and ice creams boosts market growth.

On the flip side, the availability of various counterfeited, low-cost products is a key factor projected to impede the market growth. However, increasing consumer inclination towards vegan diets would support the growth of the market throughout the review period, creating enormous market demand. Also, increasing consumption of dairy-free products in the burgeoning food industry, including bakery and confectionaries, provides impetus to the growth of the market.

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Major Players

Players leading the global dairy alternatives products market include The Hain Celestial Group (US), The Whitewaves Food Company (US), Blue Diamond Growers (US), Sanitarium Health and Wellbeing Company (Australia), Sunopta (Canada), Freedom Foods Group (Australia), Nutriops S.L. (Spain), Eden Foods (US), Earth's Own Food Company (Canada), Valsoia S.P.A(Italy), Triballat Noyal (France), Dohler GmBh (Germany), Tofutti Brands Inc. (US), Panos Brands LLC (US), Organic Valley (US), Daiya Foods Inc. (Canada), and Galaxy Nutritional Foods, Inc. (US), among others.

Dairy Alternatives Products Market   - Segments

The report is segmented into four dynamics.

By Source                            : Soy, Almond, Coconut, Rice, Oats, and others.

By Type                                : Milk, Cheese, Yoghurt, Ice Creams, and others.

By Distribution Channel: Store-Based (Supermarkets & Hypermarkets, Convenience Stores and others) and Non-Store-Based.

By Regions                          :  Europe, Americas, Asia Pacific, and Rest of the World.


Dairy Alternatives Products Market   - Geographical Analysis

North America dominates the global dairy alternatives products market.  The increasing lactose intolerance occurrences foster the largest market share among demographics.  Also, industry players' strong presence and the availability of innovative dairy-free and alternative lines in the region drive market growth. Furthermore, increasing consumer inclination for a vegan diet and the rising popularity of plant-based milk propels the growth of the regional market.

Europe stands second in the global dairy alternatives products market.  The region perceives a spurting rise in consumers of alternative dairy products. Market growth is majorly bolstered by the augmenting demand for plant-based health drinks and increased exports. Besides, advances in derivation techniques and the rising prevalence of lactose intolerance in the region increase the market size.

The dairy alternatives products market in the Asia Pacific region is proliferating. Lactose malabsorption disorder leading to lactose intolerance symptoms such as diarrhea and bloating is prevailing rapidly in Asian countries. Furthermore, increasing consumption of dairy-free and plant-based dairy products and changing consumer preferences drive the regional market growth.


Global Dairy Alternatives Products Market   - Competitive Analysis

Highly competitive, the dairy alternatives products market appears fragmented due to the presence of many notable players. To gain a larger competitive share, market players initiate strategies such as collaboration, mergers & acquisitions, and innovations/ product launch. Substantial investments are transpired to drive R&D required for product development and improve the existing portfolio.

Also, a large share of investments is used to expand global footprints. Matured players acquire or form partnerships with promising companies from emerging markets. Moreover, they tie-up with e-commerce companies to sell and create awareness about their products among consumers.

Industry/ Innovation/ Related News:

July 09, 2020 ---- Motif FoodWorks announced partnerships with two leading chemical and mechanical engineering universities – the University of Illinois at Chicago and the University of Illinois at Urbana-Champaign to better understand and design the rheological properties of plant-based foods. The ingredient innovation company, Motif FoodWorks, has been working to make plant-based food better, more tasteful, and more nutritious, researching the rheological properties that govern plant-based foods material properties. The partnership enables Motif to develop novel insights from these techniques, ultimately improving its ability to formulate better-tasting plant-based meat and dairy analogs.

Market Scenario

Market Research Future (MRFR) studied the global food color market 2021 in the review period till 2024. As per MRFR study, the worldwide market of food color is likely to register 4.9% CAGR in the assessment tenure (from 2019 to 2024). By 2024, the food color market size is expected to value at approximately USD 5.7 Bn.

Key Players

Sunfoodtech (India), Koninklijke DSM N.V. (Netherlands), Lycored (US), Ajanta Chemical Industries (India), AromataGroup SRL (Italy), FMC Corporation (US), Doehler Group (Germany), Naturex (France), Frutarom Industries Ltd. (Israel), Chr. Hansen S/A (Denmark), D.D. Williamson & Co. Inc. (DDW) (US), Archer Daniels Midland Company (US), Sensient Technology Corporation (US), Kalsec Inc. (US), and DuPont (US) are some major companies that are mentioned by MRFR in global food color market reports. The insights on studying these companies are offered in the report on the global food color market that is published by MRFR.

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Market Drives and Restrains

Food color is a substance or pigment that adds color to food and beverages on mixing. These colors are either obtained through natural or synthetic sources. Food color is used in bakery and confectionery, meat products, dairy & frozen desserts, sweet & savory snacks, and beverages among others.

The inclination of consumers towards the use of natural food colors as there are certain side effects associated with food colors that are synthetic is likely to favor the market. The rise in count of food color manufacturers and their wide range of natural food colors products that are used in different industries is expected to prompt the market expansion in the analysis. Certain key players are likely to invest in R&D activities to add innovations to their existing product line and avail diverse range of natural food colors to consumers are likely to drive the food color market growth in the foreseeable future. In addition, the integration of advanced technologies in the extraction process of food colors is another cause that is expected to add momentum to the global food color market in the years to come. On the contrary, stringent regulations and norms that are associated with the application of colors in food is expected to restrict the food color market on a global scale.

Market Segmentation

The segment analysis of the global food color market is done by source and application.

The source-based segments of the food color market are synthetic and natural. The natural segment is likely to earn high revenue by 2024. The growing preference for natural solutions due their biocompatibility and their easy availability at affordable cost can favor the market rise in the review tenure.

The application-based segments of the food color market are beverages, bakery & confectionery, sweet & savory snacks, dairy & frozen desserts, and meat products among others. The easy availability of food color for dairy and frozen dessert, along with increased adoption of food color for beverages, as the trend for flavored drinks are increasing among people, can improve the impetus of the food color market in the years ahead.

Regional Study

In North America, the expansion of the consumer base adopting natural colors over synthetic colors as the awareness about health and wellness derived from natural food colors increases is expected to prompt the regional market. The growing adoption of different types of food colorant by F&B in developing economies can also support the regional market expansion.

In Asia Pacific, as consumers seek alternatives to synthetic colors, the adoption of natural food colorant is increasing. The inclination towards natural flavors, such as; tomato, soy sauce, and lemon among other natural ingredients is expected to drive the regional market in the years to come. In addition,the adoption of the “new healthy” concept, in which consumers make “strategic choices” for consuming food and beverages, is resulting in evaluation of the nutritional profile of products via ingredients and labels of the product to make buying decisions. This is drawing the attention of companies to improve their sales strategies. Thus, key players in the APAC region are deploying marketing strategies that can earn them customer loyalty and boost sales of food colorants.

In Europe, the food colorant market is anticipated to garner substantial profit. The presence of top-notch restaurants and renowned independent chefs are high-end consumers of food colorants. Thus, increase in demand and production of food colorant as they are a vital ingredient to decorate and design food products can support the study tenure. 

According to Market Research Future (MRFR), The global condiments market size is expected to reach USD 98.3 billion with a significant CAGR of 5.4% 2019 to 2024 (forecast period). The report highlights the main developments in the global market for condiments in light of the novel COVID-19 pandemic. The report includes a thorough review of the different aspects of the industry that are likely to be affected by the pandemic.

Condiments are substances used to enhance the flavor and overall organoleptic properties of food preparation. The principal types of condiments include spices, sauces & ketchups, and dressings. The wide variety of condiments available on the market is used for cooking, and table dips to flavor the food.

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Market Dynamics

Condiments are a source of flavor enhancement in any food item, which is a major driver of market growth. The acceptance of cross-cultural eating habits also boosts the growth of the market. Increasing demand for convenient food products has also led to the growth of the condiment market in order to enhance the organoleptic properties of food products. Furthermore, the inclination towards organic condiments among the health-conscious population has paved the way for condiment manufacturers. In addition, a growing health-conscious population is driving key players to focus on a new range of condiment items with health claims.

Key Players

Some of the leading market participants identfied by MRFR in the global condiments market are McCormick & Company (US), Nestlé (Switzerland), ConAgra Food Inc. (US), Kraft Foods Inc. (US), Unilever (UK), Hormel Foods Corporation (US), The Kroger Co. (US), General Mills, Inc. (US), Mars, Incorporated (US), Midas Foods International (US), Kikkoman Corporation (Japan), Nutri-Asia, Inc. (Philippine), Sing Cheung Co.(India), Del Monte Foods, Inc (US), and Three Threes Condiments Pty Limited (Australia) .

Market Segmentation

The global market for condiments has been segmented based on type, packaging type, distribution channel, and region.

Based on type, the global market for condiments has been classified as spices, sauces & ketchup, dressings, and others.

Based on packaging type, the global market for condiments has been classified as bottles, pouches & sachets, and others.

By distribution channel, the global market for condiments has been divided into store-based and non-store-based. The segment for store-based is further sub-segmented into supermarkets and hypermarkets, convenience stores, and others.

Regional Analysis

The global market for condiments has been studied concerning four key regions—North America, Europe, Asia Pacific, and the rest of the world.

The Asia Pacific is expected to dominate the condiment market and be the fastest-growing region in the forecast period. There is a widespread use of condiments in the cuisines of this region, which is a significant driver of the market's growth. In addition, a growing number of fast-food restaurants in developing countries in the region are expected to fuel the growth of the condiment market in the Asia Pacific.

The market in Europe accounts for a large share of the overall condiments market. The growing demand for food flavor enhancers in convenience foods is anticipated to promote the growth of the European market for condiments.

North America also has a fair share of the global condiments market, with the US being the key contributor in the region. Increasing demand for organic condiments is anticipated to propel the growth of the condiment market in this region.

Market overview

Thermal underwear are long underwear or long johns are different as compared to ordinary underwear’s and are offering warmth, normal to thin, and lightweight underwear. These undergarments include leggings, socks, sports and leisures wear and nightwear. These thermal underwear are made from cotton-polyester-blend fabric with a box weave texture but mostly the union suit. They are also made of high-quality wool that is used for making thermal underwear. The increase in the COVID-19 pandemic has led to the decrease in the thermal underwear market.

Thermal underwear has been an essential product for the customers and there has been various advancements in product development that are coupled with it. The growth in the global thermal underwear market has been consistent and with the improvement of living standards, the people’s dependence on thermal underwear is gradually reducing and mostly the women are paying more attention to their appearance and that has resulted in the downward trend.

The global thermal underwear market share report presents the growth projections of the market with the growth rate of 6.2% from 2019 to 2024 and it will reach a market value of USD 3.1 billion by 2024. The overall market is dependent on various factors and with the increasing awareness of the product types such as tops, bottoms and other clothing that is anticipated to grow the global thermal underwear market.

Market segmentation

The overall thermal underwear market has seen numerous variations in the past few years and the market can be segmented based on product type, material type, end user, and distribution channel. As per the market report, the thermal underwear market based on the type of material, can be split into:




And on the basis of material type, the global thermal underwear market can be divided into:





And on the basis of end-user, the global market can be classified as:




Lastly, based on the distribution channel, the global market can be bifurcated into:


             Non-store based

And the store based can be further divided into:

             Speciality stores

             Supermarkets and hypermarkets


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Regional analysis

The regional study of the global thermal underwear market has been done considering the key regions that play an important role in the growth of the market. These main regions include Europe (Germany, UK), Asia-Pacific (India, China, Japan), North America (Canada, US), Latin America (Mexico, Brazil), Middle East, Africa and the Rest of the World.

As per the report, Asia-Pacific is expected to be a significant player across the world based on the market share due to the rising urbanization that demands the extensive use of good quality thermal underwear.

Industry news

Gildan Activewear Inc. has announced that it has joined forces with different business partners by leveraging the manufacturing facilities for producing non-medical face masks and isolation that is growing the global fight against COVID-19 pandemic. The company is working with customers in the channel for supporting major apparel and textile companies for producing non-medical face masks that are supporting in fighting against COVID-19.

Nematicides are a class of pesticide which are used to kill nematodes in agriculture. Nematodes are microscopic parasitic worms that can cause significant loss in crops. Market Research Future (MRFR) has recently published a report on the global nematicide market trends stating that the market is likely to reach USD 1.56 Bn at a CAGR of 3.1% by the end of the review period of 2019-2024.

Nematodes attack the flowers, stems, roots, foliage, and other parts of plants which can have a detrimental effect such as root lesions, stunted root systems, and root knots. They are extensively used by farmers to counter such effects on crops. In recent years, crop production has declined to a great extent due to the infestation of nematodes, which has prompted the adoption of nematicides. Moreover, integrated pest management is progressively finding its way in various agricultural practices, which further creates a conducive environment for the growth of the market.

Due to surging concerns regarding the adverse effects of chemical nematicides, new classes of nematicides have been developed. Bionematicides are effective and environmentally benign. They have successfully attracted the attention of various governments who are emphasizing on the use of bio-based nematicides. Furthermore, diminishing fertility and rise in consciousness regarding the use of harmful chemical compounds have resulted in legislative measures against the use of chemical pesticides, which is signalling growth in the nematicide market.

Conversely, the use of nematicides is restricted in various countries, which can impede market growth over the forecast period.

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Competitive Landscape

American Vanguard Corporation (US), Nufram Limited (Australia), Ishihara Sangyo Kaisha Ltd. (Japan), Isagro Group Spa (Italy), The Monsanto Company (US), ADAMA Agricultural Solutions Ltd. (Israel), The DOW Chemical Company (US), Sumitomo Chemical Co., Ltd (Japan), BASF SE (Germany), Syngenta AG (Switzerland), Marrone Bio Innovations Inc. (US), Valent USA (US), FMC Corporation (US), Bayer Cropscience AG (Germany), and Simbiose Agrotecnologia Biologica (Brazil).


The global nematicides market has been segmented based on type, form, crop type, and application.

By type, the nematicides market has been segmented into fumigants, carbamates, organophosphates, and others.

By form, the nematicides market has been segmented into liquid and dry.

By crop type, the nematicides market has been segmented into fruits & vegetables, cereals & grains, oilseeds & pulses, and others.

By application, the nematicides market has segmented into fumigation, irrigation, seed treatment, and others.

Regional Analysis

Region-wise, the nematicides market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

North America accounts for the principal share of the global nematicides market. High awareness level in the region, regarding the benefits of using nematicides, is spurring the demand in the region. Moreover, high demand for organic vegetables and fruits in the region has propelled the demand for nematicides. The regulatory bodies in the region are encouraging the use of nematicides to counter the ill effects of various harmful pesticides.

The Europe nematicide market is driven by surging awareness regarding the consumption of organic fruits and vegetables in the region. Moreover, various regulations in the region inhibiting the use of harmful chemical compounds in agricultural use is also underpinning the growth of the market.

The APAC nematicides market is anticipated to register the highest CAGR over the forecast period. Booming population and loss of arable land due to rapid industrialization have exerted immense pressure to cultivate crops on a large scale, which has driven the market for nematicide.

The RoW market is anticipated to exhibit substantial growth over the forecast period, which will be supported by a perpetual increase in demand from countries such as Argentina and Brazil.

Industry Updates

June 2019 - OMEX, supplier of fertilizers, organic fertilizers, wastewater treatments, and deicers, launched a new nematicide, NemOMEX. It is a cost-effective nematicide composed of Quillaja Saponaria, a natural extract derived from the wood and bark of the soapbark tree. The product is 100% soluble and can be used on conventional and natural organic crops.

Market Overview:

Cassava is a woody shrub and is extensively cultivated as an annual crop in subtropical and tropical regions. Its starchy tuberous roots are rich source of carbohydrates, after rice and maize. Market Research Future (MRFR) has published a report stating that the global cassava market is marked to expand steadily during the forecast period of 2017-2023.

Market Segmentation:

The global cassava market has been segmented based on form, application and product type. based on form, the cassava market has been segmented into animal feed, chips, flour, pearls and others. Based on product type, the global cassava market has been segmented into conventional and organic product. The conventional product segment accounts for the major share in the global cassava market due to the high production capacity. however, the shift of consumer interest towards organic products is aiding the growth of the organic product segment in the global cassava market. Based on application, the cassava market has been segmented into animal feed, food & beverages, industrial and others. The food and beverages segment accounts for the global cassava market share owing to the widespread application of cassava in the production of gluten-free products.

Market Drivers and Restraints:

Cassava is majorly used for in the form of flour, as a gluten-free source of carbohydrates. Increasing popularity of gluten-free and nut-free diet is inducing high demand for cassava in the food and beverages industry as a substitute for gluten-rich flour, which in turn is propelling the growth of the global cassava market. Currently, cassava is represented as one of the most famous feedstocks. Rise in demand for cassava as a feedstock owing to its high nutritive value is one of the factors that are driving the global cassava market towards higher verticals.

cassava starch can be extracted by using easy extraction procedure, unlike other starches. Increasing demand for cassava as a cheap source of raw material which contains high concentration of starch is fueling the growth of the global cassava market. The neutral taste of cassava flour and excellent textural quality makes it ideal for use in starch beverages, sweeteners and other. Increasing utilization of cassava for manufacturing textiles, adhesives and paper is generating demand for cassava in the global market, resulting in the expansion of the global cassava market.

introduction of processed products which have longer shelf life and are made by removing the toxins from cassava is impacting positively on the growth of the global cassava market. However, shift of consumer interest towards organic cassava rather than processed products is likely to pose a threat to the expansion of the global cassava market during the forecast period.

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Key players:

The prominent players profiled by MRFR that are operating in the global cassava market are Food Products LLC (the U.S.), Cargill (the U.S.), Ingredion Inc. (the U.S.), Tate & Lyle (the U.K.), Venus Starch Suppliers (India), Grain Millers, Inc. (the U.S.), Parchem fine & specialty chemicals (the U.S.) and others.

Regional Analysis:

Geographically, the global cassava market has been segmented into Europe, North America, Asia Pacific and the rest of the world. The Asia Pacific market is leading the global cassava market with a major market share owing to the high cultivation and export of cassava in the tropical areas of this region. The North America region is anticipated to expand rapidly in the global cassava market owing to the increasing demand for rich source of carbohydrate for gluten-free food products.

Industry Updates:

In October 2018, the Federal Government has announced that it is partnering with the International Institute of Tropical Agriculture (IITA) for developing an application that is designed to transform analogue certification system to a digital system and is called Cassava seed Tracker. This app is equipped with digitalized processes that make real-time reporting of cassava seed field certification easier.

In September 2018, the International Institute of Tropical Agriculture (IITA) has announced that it is planning to work with the Taraba State Government To transform cassava in the framework of the African Development Bank-funded Technologies for African Agriculture Transformation (TAAT) program.

Market Overview:

Rising sale of premium cosmetics is driven majorly by developing economy and rising disposable income. Product recall created among the consumers based on product promotions by famous celebrities is influencing the growth of this market positively. Premium cosmetics show instant results on the skin and show comparatively less side effects, which is one of the major factors driving this market. The production and the consumption of premium cosmetics is high in North America and is projected to increase at a growth rate in various countries of Europe and Asia Pacific over the given forecast period.

Market Segmentation:

Global Premium Cosmetics Product Market by Application, by Type, Category, Distribution Channel and Region.

Market Forecast:

The global premium cosmetics market share is expected to grow at a higher growth rate supported by positive influencing of the fashion sector on this market. Technological strides are resulting in improved product quality, which is also adding fuel to the growth of this market. Increasing demand for specialty effective ingredients containing cosmetics is further projected to increase the sale of the product.

All these factors will contribute to the estimated CAGR of 3.5% of premium cosmetics market during the forecast period 2017-2023.


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Competitive Analysis:

The key players in the premium cosmetics market are Coty, Inc. (U.S.), Estée Lauder Companies Inc. (U.S.), Chanel S.A. (France), L'Oréal S.A. (France), LVMH Moët Hennessy Louis Vuitton SE (France), Shiseido Co.,Ltd. (Japan), Kao Corporation (Japan)

Premium cosmetics manufacturers across various regions are following the strategy of product innovations and increased focus on R & D to penetrate the global market and to meet the growing demand for the product. Enhancement of the product quality and increasing production of vegan and organic products will further attract the consumers to choose from various available options from premium cosmetics. In North America, the U.S. dominates premium cosmetics market and exports the product to various other countries, which include Canada, the U.K., China, Australia, and others.

Downstream Analysis:

On the basis of type, skin care based premium cosmetics dominates the market based on high consumer end demand for skin based products. However, changing cosmetics trends and increasing promotions for cosmetics and personal care products for babies will affect the sale of baby care cosmetics positively. Furthermore, based on the category, conventional premium cosmetics dominates the market owing to high production capacity and less consumers’ awareness about other available substitutes.

Additionally, store based sale of premium cosmetics dominates the distribution channel owning to consumers’ preferred shopping experience.

Regional Analysis:

The global premium cosmetics market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America holds a major market share followed by Europe. High demand for premium cosmetics from the developed countries of these regions is contributing to the positive growth of the premium cosmetics market. The U.S., China, the U.K., Germany and Singapore are the major importers of premium cosmetics. Developed trading channels and high demand for healthy food are also driving the growth of the market in these countries.

Market Highlights

The globalyogurt powder market size is projected to witness a significant growth rate of 7.8% from 2019 to 2024 and reach a market value of USD 432 Million by the end of 2024. Yogurt powder is dehydrated yogurt, prepared by adding active bacterial cultures to pasteurized milk. This mixture is then dried. The yogurt powder contains a high amount of calcium, vitamin A, protein, and has a strong profile of amino acids.

Yogurt powder is widely used in bakery and confectionery products, dips, salad dressings, and soups. It is also used to add tart and dairy yogurt flavor in frostings, ice cream, smoothies, and toppings. These increasing applications of yogurt powder in food & beverages is expected to boost the growth of the global yogurt powder market. Yogurt powder has increased shelf life compared to fresh yogurt. This is predicted to fuel the growth of the global yogurt powder market. However, the loss of probiotics during the drying process can hinder the growth of the global yogurt powder market. 

Key Players

Some of the key players in the global yogurt powder market are Easiyo Products Limited (New Zealand), Dr. Otto Suwelack Nachf. GmbH & Co. KG (Germany), Lyo-San Inc. (Canada), Bempressa (Poland), Prolactal (Austria), Bluegrass Dairy & Food, Inc (US), Batory Foods (US), CP Ingredients Ltd. (Ireland), ACE International LLP (India), MSK Ingredients Ltd. (UK), WinCrest Bulk Foods, Inc (US), Jarrow Formulas, Inc. (US), and Epi Ingredients (France).

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The global yogurt powder market has been segmented based on product type, flavor, category, distribution channel, and region.

Based on type, the global yogurt powder market has been segmented into skimmed yogurt powder, semi-skimmed yogurt powder, and whole yogurt powder. The whole yogurt powder segment is expected to dominate the global yogurt powder market due to high demand in developing economies. The skimmed yogurt powder segment is projected to register the highest CAGR due to increasing health awareness leading to the high preference for low-calorie yogurt powder.

The global yogurt powder market has been bifurcated, based on flavor, into plain and flavored. The plain segment is expected to gain the larger market share during the review period owing to the high preference among consumers, whereas the flavored segment is projected to register higher CAGR due to development and launch of different flavors which are attracting new customers.

The global yogurt powder market has been classified, based on category, as lactose-free and conventional. The conventional segment is expected to dominate the global yogurt market, due to the relatively lower price of the products. The lactose-free segment is expected to register the higher CAGR in global yogurt market during the forecast period, owing to the increasing prevalence of lactose intolerance across the globe.

Based on distribution channel, the global yogurt powder market has been classified into store-based and non-store-based. The store-based segment has been further categorized as hypermarkets and supermarkets, convenience stores, and others. The store-based segment is expected to occupy the larger market share during the forecast period due to strong vendor networks, availability of different products, and discounts offered. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase.

Regional Analysis

The global yogurt powder market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The North American yogurt powder market is expected to dominate during the forecast period due to the growing preference for healthy snacks. Additionally, the increasing use of yogurt powder in bakery and confectionery products is projected to fuel the growth of yogurt powder market in this region.

The yogurt powder market in Asia-Pacific is projected to register the highest growth rate from 2019 to 2024 owing to changing lifestyle and increasing per capita disposable incomes in developing countries such as China and India.

Latest Industry Updates

July 2017: Epi Ingredients launched SoFlexi, which is a powdered mix. This product enables consumers to make fresh yogurt tasting snacks like drinking yogurt, acid drink, and ice cream, instantly. 


Market Scenario

The feed flavors and sweeteners market value isestimated to expand at a healthy CAGR of 3.3% during the forecast period (2017-2023) owing to the growing demand for nutritive animal feed products, asserts Market Research Future (MRFR). Feed flavors and sweeteners are synthetic or natural ingredients which are mixed up wit poultry, livestock, and feed of other animals to enhance the sensory attributes of animal feed. They are used to improve the bitter taste of animal feed and improve the feed uptake.

Drivers and Constraints Impacting the Market

Feed flavors and sweeteners help in improving the taste, enhancing the smell, and texture, thus resulting in increased feed intake by the livestock animals. With the increasing population in the developed countries, there has been an increasing demand for meat and meat products which has fueled the demand for feed, thereby uplifting the feed flavors and sweeteners market. The increasing awareness regarding livestock health coupled with growing demand for nutritive animal feed products is anticipated to spur the market growth. Moreover, advanced methods of processing along with advanced technologies are positively supporting the feed flavors and sweeteners market.

On the flip side, high cost associated with raw materials and processing techniques is presumed to inhibit the market growth during the assessment period.

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Competitive Analysis

The major players operating the global market are Kerry Group Plc (Ireland), Alltech Inc. (U.S.), Kemin Industries Inc. (U.S.), Prinova Group LLC (U.S.), S.A. (Spain), Biomin Holding GmbH (Austria), Pancosma SA (Switzerland), Grupo Ferrer Internacional, Solvay SA (Belgium), Nutriad Holding BV (the Netherlands), and Norel S.A. (Spain).

Global Feed Flavors and Sweeteners Market: Segmental Analysis

The global feed flavors and sweeteners market have been segmented on the basis of form, type, livestock, and region.

By mode of type, the feed flavors and sweeteners market has been segmented into feed flavors and feed sweeteners. The feed flavors segment has been further sub-segmented into red fruits, thaumatin, milky vanilla, aniseed, citrus, and others. The feed sweeteners segment has been further sub-segmented into saccharine, glycyrrhizin, thaumatin, and others. Among these, the segment for feed flavors is estimated to dominate the market due to its higher usage in the feed products to enhance the aroma and flavor.

By mode of form, the market has been segmented into liquid, dry, and others. Among these, the dry segment is presumed to dominate the global market due to easy handling and storage.

By mode of livestock, the market has been segmented into poultry, ruminants, swine, aquatic, and others. Among these, the poultry segment is estimated to dominate the global market due to the rising consumption of meat and poultry products.

Regional Insights

Geographically, the feed flavors and sweeteners marker span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World.

Among all the regions, Asia Pacific is presumed to dominate the global market closely followed by North America. China and India are the key consumers of feed flavors and sweeteners in this region, which further boosts the market growth. Also, with the growing demand for feed additives like flavors and sweeteners among the livestock holders, the market is expected to flourish in the coming years.

The North American region is also expected to flourish over the review period due to the presence of United States which dominates the market in this region. With the growing demand for poultry products, the market is likely to boost in the North American region.

Industry News

06 Sep 2018: Amyris has announced that its zero-calorie sweetener which has been made from sugarcane has received the designation as Generally Recognized as Safe by an independent expert panel. The designation has been based on US Food & Drug Administration requirements and lets Amyris begin commercially selling its natural, new, zero-calorie sweetener.

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