Food & beverages

Demand for egg white peptide continues to gain momentum as primary animal-based protein worldwide, depicting great promise as rich source of bioactive peptides that improve human health. Identification of these peptides illustrates greater commercialization opportunity in light of their significance as the health promoting food ingredients. Preventing and treating microbial infections of gastrointestinal tract, extending shelf-life of foods, and controlling foods’ & feeds’ microbiological quality are key application areas where egg peptides witness considerable penetration. Future outlook for the global egg white peptide market is foreseen to be promising, with an estimated 13.8% value CAGR in the forecast period (2018-2028). Approximately 43,680 kgs of egg white peptide are estimated to be sold worldwide by 2028-end.

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According to a recent report by Fact.MR, vegan baking ingredients sales are expected to close in on 38,000 tons in 2019. Widespread adoption of veganism coupled with pervasive trends such as “mindful choices”, “clean label”, and “sustainability” continue to impact growth of the vegan baking ingredients market.

Growing research and development activities for the production of improved vegan baking ingredients is a vital aspect contributing to market proliferation. Innovations in the vegan baking ingredients manufacturing are enabling the production of vegan emulsifiers which are key to producing bakery products that mimic the texture and mouthfeel of normal bakery products.

A crucial factor complementing the vegan bakery ingredients market growth is the fortification of these ingredients with probiotics. Consumer awareness regarding the benefits associated with consumption of probiotics is gradually increasing which is causing an upward movement in the sales of products incorporated with the healthy ingredient. Additionally, development of probiotics which are resistant to higher temperature, varying pH levels, and have a longer shelf-life is enabling their incorporation into bakery products opening up new opportunities for manufacturers.

The gummy vitamins market is expected to continue its steady growth on account of the growing micronutrients deficiency in the global population, coupled with the increasing consumer awareness about the consequential health impacts associated with vitamin deficiencies. The gummy vitamins market will grow at a Y-o-Y of 5.1% by volume in 2018 over 2017, according to a recent analysis by Fact.MR.

Gummy vitamins, which have long been viewed as a source of health supplements for kids, has been gaining widespread acceptance among the adult demographic as a flavorful alternative to OTC supplements. The Fact.MR study opines that adults account for more than 60% of gummy vitamins consumption. Further, the trend is expected to prevail as the global population continues to suffer from what has been termed as ‘pill fatigue’.

Changing lifestyle and increase in the average age of the global population is causing a substantial rise in the prescription medications being consumed. People with an aversion for large calcium or multivitamin pills also find gummy vitamins as an appealing alternative for their daily dietary supplement needs.

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The Processed Meat Market will envisage a moderate 2.2% volume y-o-y growth in 2018 over 2017, opines a recent market study published by Fact.MR. The study finds that steadily growing meat industry and increasing growth of the food processing industry is majorly contributing to the growth of the processed food market.

The report finds that despite their preference for fresh food products, consumers are looking for convenience as it is becoming challenging for them to prepare elaborative meals at home due to the fast-paced lifestyle the lead. Growing meat production, increasing demand for affordable animal protein, and preference for convenience is expected to provide an impetus to growth of the processed meat market. However, demand is likely to witness moderate growth, as growing vegan trend and growing colorectal cancer concerns stall consumption.

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Pork and Poultry, Together Account for over 3/4th Share in Processed Meat Market

Fact.MR’s new research study on halloumi cheese market unveils compelling insights transforming the global landscape. Halloumi cheese market continues its bullish run with global sales volume projected to reach 229,141 tons by 2028-end. The Halloumi Cheese Market is likely to be profoundly influenced by diverse factors, ranging from favorable demographic changes and dynamic alterations in snacking preferences. According to the report, growing popularity of halloumi cheese has led to demand-supply challenges and adulteration, promoting intervention by ombudsmen and regulatory authorities.

According to the report, Cyprus continues to be one of the leading producers and exporters of halloumi cheese, whereas EU5 and Western Europe are among the key markets for halloumi cheese companies. Europe is slated to be at the forefront of demand for halloumi cheese. On the contrary, Halloumi cheese is yet to gain massive popularity in the US continue to face challenges pertaining to new opportunities.

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Regulations apropos of organic feed, which ensure utilization of purest methods of production, have led to lack of commercially available & permitted organic feed ingredients. Established stakeholders in the organic feed market are aiming to improve relationship between the requirements of the livestock sector and the organic feed market, while complying with organic farming regulations and address sustainability challenges. A recent study of Fact.MR envisages that Organic Feed Market to record an impressive 7.6% volume CAGR between the period of forecast, 2018 and 2028.

Supremacy of North America in the organic feed market is poised to prevail, in terms of revenues, with majority of the region’s market expected to remain consolidated in the U.S. Recent rise in dependency of the U.S. organic feed market, which has put operations at risk and cut down incentive of producers, has led the regional organic feed producers to spur domestic production for creating healthier soil and greater returns for farmers.

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Government initiatives toward aiding entrepreneurs in successful setting up of potato flakes production units, and providing them with radical technical intelligence will continue to bode well for developments and sales of potato flakes in the near future. A recent study of FactMR envisages the Potato Flakes Market to record a splendid 7.0% value CAGR through 2028. Fast growth of food chains worldwide, beyond metros in destinations of tourist interest, is another key growth influencer of the potato flakes market.

Organized and planned approach of modern trade formats to distribution and logistics management, and demand aggregation across diverse product ranges, have significantly impacted sales of potato flakes worldwide. Potato flakes sales are likely to grow on the efforts of modern trade retailers in maintaining their fill rate above safety stock, for balancing the inventory across the economic order quantity. Supremacy of modern trade in the potato flakes market is foreseen to prevail, despite relatively slower sales conversion estimated for the period, 2018 to 2028, according to the study.

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