Aquaculture Market Sees Robust Growth

Global Aquaculture Market is expected to demonstrate lucrative growth opportunities for the key players during the forecast period due to the technological advancements in aquatic farming and harvesting. Additionally, the wide applications of aquatic species in agriculture, pharmaceutical industry, and the personal care industry are further fueling the growth of the global aquaculture market which is projected to register a significant growth rate of 5.1% from 2019 to 2024 and reach a market value of $207 billion by the end of 2024.

Global Benzoic Acid Market Sees Substantial Growth

Global Benzoic Acid Market By Application (Sodium Benzoate, Potassium Benzoate, Benzyl Benzoate, Benzoate Plasticizer, Alkyd Resin, Benzoyl Chloride, Feed Additive, Others), End-Use (Food & Beverages, Chemical Industry, Pharmaceutical Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Global Sugar Market Sees Huge Growth

Sugar, also known as table sugar or sucrose, is a disaccharide that consists of glucose and fructose molecules and has the molecular formula C12H22O11. It is the generalized name for sweet, short-chain, soluble carbohydrates, many of which are used in food. Sugar is a type of soluble carbohydrate that provides energy and gets easily digested and absorbed by the body. It is used to sweeten, preserve, and improve the functional attributes of foods and beverages, including color, texture, viscosity and browning capability. According to IMARC Group, the global sugar market size reached 187.9 Million Tons in 2018.

Increasing Acceptance Driving Edible Insects Market

Global Edible Insects Market is expected to generate a CAGR growth of ~ 5.3 % during the forecast period. Edible insects are edible rich source of Vitamins, Proteins and Amino Acids and safe for human consumption. Human insect-eating is common and even popular in some cultures in Latin America, Oceania, Asia, Australia, Africa and others with over 1,000 species of insects being eaten.

Robust Expansion in Guar Gum Market

The global guar gum market is likely to surpass $1.3 billion in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding Japan (APEJ) likely to provide growth opportunities to stakeholders in the market. Applications in food and beverage industry are likely to create steady demand during the assessment period.

Retort Packaging Market Expanding

Transparency Market Research delivers key insights for the retort packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the market is projected to expand at a CAGR of ~5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.

Conveyor System Market Sees Strong Growth

Global Conveyor System Market is expected to grow from $6.2 billion in 2017 to $10.6 billion by 2025 at a CAGR of 6.9% during the forecast period from 2018-2025. Asia Pacific is dominating the market. It is due to the improving economic conditions in developing economies such as China, India, and Thailand. The increasing population in countries such as China and India has boosted the demand for industries such as food & beverage, e-commerce, and automotive, thus fuelling the demand for conveyor systems in these industries.

Edible Insects Market Remains Positive

Feeding the world’s overflowing human population will continue to exert burden on the planet’s food production capacity. Limited land and adverse weather conditions have confined the global cultivation of crops to such an extent that food manufacturers are conniving strange ways to put forth new edible products. And, consuming insects is one such peculiar mode of meeting the world’s rising food consumption levels.

Increased Demand Growing Tension Control Market

The global tension control market is expected to grow at a CAGR of 4.65%, from 2017 to 2022, to reach a market size of $1.12 billion by 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging from rigid packaging are driving the market across the world. The rise of pharmaceutical manufacturing in the Asia Pacific region provides opportunities for the growth of the tension control market.

Rising Demand from Consumers to Push Global Sorting Equipment Market

Regenerative thermal oxidizer (RTO) is a type of industrial equipment which is used in the treatment of exhaust air. Regenerative thermal oxidizer is comprised of bed of ceramic materials which absorbs the heat from the emitted exhaust gas. Regenerative thermal oxidizer utilizes the absorbed heat for pre-heating the incoming process stream and destroys air pollutants present in the exhaust stream. RTO destroys the existing Volatile Organic Compounds (VOCs) and Hazardous Air Pollutants (HAPs) in the exhaust stream which are produced through chemical and industrial process.

Dietary Supplements Market Sees Steady Growth

Growing obesity rates and surging prevalence of cardiovascular disorders across the globe is expected to influence the demand for dietary supplements across the globe. Dietary supplements help to promote the immunity system and achieve good health and wellness. Dietary supplements can also replace the prescribed drugs and also aids to achieve the strong wear and tear especially for old-aged consumer. Thus, is expected to witness the lucrative growth during the forecast period.

Organic Soy Products Market Shows Promising Growth

Organic soy products are the products manufactured from by processing organic soy bean that is soy bean which is non-GMO in nature. The production of the organic soy products may differ from product to product, depending on the type. Soy products have their origins based in the South-east Asian countries which are consumed as a traditional staple. However, the same products have adapted as meat-alternatives in the present period in the developed regions. Due to their demand, the segment for organic soy products has grown rapidly in countries like North America and Western Europe. Some popular examples of organic soy products are tofu and tempeh.

Nutraceutical Packaging Market Seeing Dynamic Opportunities

The nutraceuticals market is seeing dynamic opportunities in growth and revenue generation. These dietary supplements and fortified foods offer bountiful health benefits. As a means for sustaining competition for innovation growth in both the pharmaceuticals and food and beverage industries, the key players are focused on advanced packaging techniques. These products can be of various materials including paper and paperboards, glass, plastic, and metal.

U.S. Cheese Market Demand Increasing Exponentially

Globally the cheese market is mainly driven by increasing consumption of dairy products included in daily diet of consumers. Increasing adaptation of European lifestyle and their food culture in U.S. is influencing the market growth. Applications of different types of cheese with various flavors in various sectors of food industries are supporting the product’s sale. Cheese is extensively used in convenience foods, ready-to-eat meals, fast-foods and even in confectionery products. The high demand of the product across these industries is seen as a potential opportunity for its market.

Edible Oils and Fats Market Growing Strong

Edible Oils and Fats Market is projected to reach 298,522 kilo tons by 2023 with CAGR of 4.56% in terms of volume. In 2017, APAC holds major market share followed by Europe in edible oils and fats market as APAC has large resources of crops and livestock in the world. Europe will witness higher market growth in edible oils and fats market during forecast period. Increasing demand of animal fats across the globe and improving harvesting techniques are driving the edible oils and fats market in Europe.

Baked Foods Market Driven by Demand

Baking is a method cooking baked products that usually prepared by dry heat, especially in an oven. The most common types of baked foods are cakes & pastries, bread & rolls, donuts, biscuits, and others. These are available in a wide variety of flavors, and the customer preferences may vary according to regional demands. Baked foods include fiber, antioxidants, omega-3 oils, vitamin, and mineral fortifications.

Cold Pressed Juice Market Portrays High-End Demand

The market is segmented by category into organic and conventional cold pressed juice. The market is further segmented by type into fruits, vegetables and blends. On the basis of distribution channel, the market is segmented into store based and non-store based. The global cold pressed juice market is anticipated to record a CAGR of around 8.16% during the forecast period i.e. 2019-2027.

Fish Protein Concentrate Market Demand Growing

Future Market Insights (FMI), in its new research study, underlines the key elements shaping growth of fish protein concentrate market for the assessment period of 2019-2029. According to the research study, sales of fish protein concentrate touched ~ 57,466 MT in 2018, and are likely to grow by 5.5% YOY in 2019. As fish protein concentrate goes up the popularity scale as a viable ingredient for value-addition, market players are looking for ways to enable a production ramp-up in a bid to bridge the supply-demand gap.