Food & Beverage

The global energy gum market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast period. Increasing participation in sports activities and events is increasing the adoption of supplements by fitness enthusiasts to enhance endurance, strength, and stamina.  Growing demand for energy supplements by millennial and senior citizens to gain energy, strength, and muscle health. Additionally, increasing the adoption of supplements from gym-goers as per the information provided by the MuscleBaze, 40% of gym-goers consumed whey supplements in 2019 in India. Additionally, the consumption of energy gums in current years has increased while playing sports, studying, and business meetings to mitigate the effects of sleep deprivation and boost up their stamina. For instance, in September 2020, Razer launched chewing gum aimed at boosting focus and reaction time in games. it gum was named ss 5Gumto made by  “Respawn by 5 Gum” and it is ... Continue reading →

Folinic acid market is anticipated to grow at a significant CAGR during the forecast period. A folinic acid is a vitamin B-complex and is also known as calcium folinate and leucovorin. It is used in the combination with fluorouracil to control and prevent various types of cancers including head and neck, colorectal, and esophageal cancers among others. This folinic acid is additionally used for the treatment and management of megaloblastic anemia caused due to folic acid deficiency. The increasing prevalence of various types of cancer across the globe is the most dominant factor that is expected to drive the growth of the global folinic acid market during the forecast period. The significant rise in the applications of folinic acid in varieties of treatment including megaloblastic anemia, folate deficiency, and others are anticipated to drive the market growth. Additionally, the increasing number of manufacturing infrastructures for the production of folinic acid is further ... Continue reading →

Food acidulants market is projected to grow at a CAGR of around 7.2% during the forecast period. Food acidulants aids in enhancing the shelf life of any food product by reducing spoilage from air, bacteria, fungi, and yeast. Acidulants aids in preserving, stabilizing, maintaining the pH level, and enhancing the food property. The major factors that drive the growth of the market include the wide scope of applications of food acidulants in the overall food and beverage industries. The robust growth in the food and beverage industry is likely to positively impact the growth of the food acidulant market over the forecast period.    The other factor that contributes to the growth of the market includes rising instant food consumption. The packaged food industry has been substantially rising with the increasing urbanization, increasing consumer spending, and the expansion of food retailers across the globe. Hence, this further demands the key food ingredients including acidulants ... Continue reading →

The global specialty food ingredients market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. The new product launches across the globe by players in the market during the forecast period is the primary factor propelling the growth of the market. New developments in the product also support catering to the growing demand for health-related foods further driving the growth of the market during the forecast period. For instance, in May 2022, Symega Food Ingredients Ltd. launched ‘CUISINARY’, a range of premium quality food solutions, including seasonings, sauces, coatings, and flavor enhancers for professional kitchens. All products are crafted with high-quality ingredients and are aimed at providing food solutions for hotels, restaurants, caterers, and quick-service restaurant food services. Further, in May 2022, Bioiberica launched brand new ingredients and products at Vitafoods. The company had entered two new health areas ... Continue reading →

Palm-based tocotrienol market is anticipated to exhibit a significant CAGR of 7.2% during the forecast period. Palm oil is a natural source of beta-carotene and tocotrienols (vitamin E). Researchers from Malaysia and Libya had found that tocotrienol-rich fractions extracted from palm oil can potentially be used to improve liver health. The increasing awareness among consumers related to the benefits of palm-based tocotrienol is a key factor driving the growth of the global palm-based tocotrienol market. The trans-fat found in oils increases the risk of heart diseases. Hence, the US Food and Drug Administration (FDA) and the World Health Organization (WHO) have announced their plans to eliminate industrial trans-fats by 2020 and 2023, respectively.  Palm oil is naturally free from industrial trans-fatty acids and does not need to undergo hydrogenation to be modified, unlike sunflower, rapeseed, and soybean oils. The palm oil’s ability to be fractionated naturally and then ... Continue reading →

The global pomace camellia oil market is anticipated to grow at a CAGR of 4.5% during the forecast period. The trend of maintaining overall health and wellness and rising focus on a healthy diet, especially after the COVID-19 pandemic, mainly drives the growth of the market. Moreover, owing to the increasing occurrence of lifestyle-related health conditions, and modern-day stressful and sedentary lifestyle of people has resulted in an increased prevalence of obesity and cardiovascular diseases. According to the World Obesity Foundation report, the rate of mortality from the COVID-19 pandemic is about 10 times higher in countries where most of the population is overweight. As per the same source in the US, 152.49 mortality were recorded per 100,000 people, and among them 67.9% of the adult population is overweight. Owing to the upsurge in sedentary lifestyles, the rising prevalence of obesity among people leads to an increase in the consumption of pomace camellia oil.  ... Continue reading →

The global agricultural enzymes market is anticipated to grow at a considerable CAGR of 8.25% during the forecast period. The increasing government support for sustainable agriculture practices is a key driver for the growth of the market. For example the US government provides support for the use of agricultural enzymes through its Sustainable Agriculture Research and Education (SARE) program. SARE is a competitive grant program that supports research, education, and extension projects that promote sustainable agriculture practices. In 2022, SARE awarded a grant to a team of researchers at the University of California, Davis to study the use of agricultural enzymes to improve the efficiency of nutrient uptake in crops. The researchers are developing new agricultural enzyme products that are specifically designed to help crops absorb more nutrients from the soil.  The Indian government is promoting the use of agricultural enzymes through its National Mission on ... Continue reading →

The global canned beans market is anticipated to grow at a considerable CAGR of 4.4% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. Product launches by key players with new varieties and flavors of canned beans made with innovative ingredients come up as a prospective driver for the growth of the global canned beans market. For instance, in 2019, KOO announced the launch of a new flavor-packed variant to its sizeable canned Beans range. The introduction of KOO Baked Beans in Barbeque Flavoured Sauce, KOO Baked Beans in Chilli Wors Flavoured Sauce, KOO Black Beans in Flavoured Brine, and KOO Black Beans in Mexican Style Sauce with red bell peppers is available from retailers and supermarkets across the country. ... Continue reading →

The global canned food market is projected to grow at a CAGR of over 3% during the forecast period. Fruits and vegetables are an important element for a healthy diet, however, due to seasonality, they are often consumed processed. Canned fruits and vegetables are convenient products that full-fill the dietary needs of the consumers. Along with healthy foods, consumers are looking for functional foods or foods that provide benefits for health or reduce the risks of some diseases.  The primary factors that drive the growth of the global canned food market include the increased urban population which prefers ready, easy, and convenient foods. Increased awareness amongst the people regarding the harmfulness of plastic packaging and the demand for a sustainable solution and increasing recycling rates across the globe are further driving the growth of the market over the forecast period. However, some of the factors that hinder the growth of the market include the material in which ... Continue reading →

The global canned meat market is anticipated to grow at a considerable CAGR of 3.6% during the forecast period. Increasing preferences for processed meat consumption are expected to fuel the product demand over the forecast period. Due to retention of the high demand for nutrients, colours, taste, and flavors canned meat become one of the best preferred choices of preserved food among others. Manufacturers are launching a new variety of products with high nutrients and a variety of tastes, which can drag consumers from different regions. Some of the recent developments are following- To Request a Sample of our Report on Canned Meat Market:  https://www.omrglobal.com/request-sample/canned-meat-market Market Coverage     • The market number available for – 2023-2031     • Base year- 2023     • Forecast period- 2024-2031     • Segment Covered-  By Product Type By Distribution Channel     ... Continue reading →