Food & Beverage

Fibers and specialty carbohydrates market is anticipated to grow favorable at a CAGR of 7.8 % over the forecast period. The Food and Drug Administration(FDA), has raised the Daily Reference Value for dietary fiber, to 28 grams from 25 gams. The FDA claims a good source of fiber or an excellent source of fiber. A good source of fiber increase to 2.8 grams per serving, while the claim of an excellent source of fiber increases to 5.6 grams per serving. The FDA in March 2019, had favorable news of fiber for MGP Ingredients, Atchison, Kas. The agency declares that cross-linked phosphorylated RS4 should be added to the dietary fiber, as RS4 helps in reducing insulin levels. Moreover, the Fibersym RW of MGP ingredients, when added at 4% of the formulation, in honey, nuts, and oats bar delivered  6 grams of dietary fiber. Moreover, the UK’s Food and Drink Federation has launched a scheme called ‘Action in Fiber’, with this initiative the UK government increased the ... Continue reading →

The global wheat flour market is anticipated to grow at a CAGR of around 2% over 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 launch, and product innovation to remain competitive in the marketplace. For an instance, in September 2019, ADM opened the largest US mill ever built. The mill has 30,000 cwts of daily flour milling capacity, as the largest ever built from the ground up (versus through later capacity additions).    The facility is located in Mendota, about 100 miles west of Chicago three 10,000-cwt units are included in the new mill. The A and B units mill hard red winter and spring wheat, respectively, and the C unit is a swing mill that can grind soft wheat, hard wheat, or whole wheat ground from hard winter or spring wheat, providing fine whole wheat flour. ... Continue reading →

Whey Protein Market is anticipated to grow at a CAGR of 6.5% during the forecast period. Whey protein is a mixture of beta-lactoglobulin, alpha-lactalbumin, bovine serum albumin, and immunoglobins. The younger generation across the globe is increasingly gaining interest in sports and fitness activities, thereby creating the demand for sports nutrition. Moreover, the sports drinks with whey protein content have been highly adopted by the sportspersons. As per the figures from the 51 National Federation of State High School Associations (NFHS), the number of participants in high school sports in 2017-2018 reached an all-time record high of 7,980,886, which includes the District of Columbia.  The number of boys participating in high school sports set a new standard at 4,565,580 and the number of girls reached an all-time high of 3,415,306. The rising number of sportspersons is supporting the adoption of whey protein supplements as it enables to increase the performance of the ... Continue reading →

Crystalline maltitol market is anticipated to grow at a significant CAGR during the forecast period. Maltitol is defined as a kind of polyol, white crystalline powder which is used as a sugar substitute and contains sweetness of sucrose with almost similar properties of the sugar. Also known as sugar replacer, bulk sweeteners, or sugar-free sweeteners, they act as an ideal humectant and can function as crystallization inhibitor, cryoprotectant, freeze point depressant, and plasticizer. Such functional properties of crystalline maltitol are driving its market growth. Maltitol is further utilized in commercial products under the names sweetpearl, multisweet, and lesys. Due to the wide applications of crystalline maltitol in baked goods, cream centers, beverages, cake mixes, chocolate, fondants, frozen sausage, frozen desserts, gum, jams and jellies, icings, mints, soft confections, and surimi, it is likely to see a substantial growth in the future years.  Apart from its uses ... Continue reading →

Crystalline maltitol market is anticipated to grow at a significant CAGR during the forecast period. Maltitol is defined as a kind of polyol, white crystalline powder which is used as a sugar substitute and contains sweetness of sucrose with almost similar properties of the sugar. Also known as sugar replacer, bulk sweeteners, or sugar-free sweeteners, they act as an ideal humectant and can function as crystallization inhibitor, cryoprotectant, freeze point depressant, and plasticizer. Such functional properties of crystalline maltitol are driving its market growth. Maltitol is further utilized in commercial products under the names sweetpearl, multisweet, and lesys. Due to the wide applications of crystalline maltitol in baked goods, cream centers, beverages, cake mixes, chocolate, fondants, frozen sausage, frozen desserts, gum, jams and jellies, icings, mints, soft confections, and surimi, it is likely to see a substantial growth in the future years.  Apart from its uses ... Continue reading →

The global natural food colors & flavors market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The companies are launching, developing, and investing in the development of various natural food colors and flavors based on either plants or animals. The market player’s strategies for providing a wide range of products in the market are expected to fuel the market growth over the forecast period. For instance, in April 2022, the Netherlands-based company, GNT launched the first organic colors made with safflower. GNT launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg’ green is made from organic safflower and organic spirulina. In September 2021, the US Food and Drug Administration (FDA) approved butterfly pea flower extract as a color additive in response to a petition by Sensient’s Color Group. The “exceptionally heat ... Continue reading →

Brewing enzyme market is projected to grow at a considerable CAGR of around 6% during the forecast period. The use of enzymes in the brewing industry has become increasingly important, as they accelerate the chemical reaction without altering their own structure. Commercial exogenous enzymes are used in different steps to enhance the brewing process, to make the brewing faster, easier, and more consistent. The growth in the alcoholic beverages manufacturing facilities along with rising consumption of beer and other beverages is a key factor anticipated to drive the growth of the global brewing enzyme market.   The rising demand for alcoholic beverages owing to the rising disposable income, the growing young population is promoting the alcoholic beverage manufacturer to expand their production capacity. Heineken N.V., United Breweries (UBL) Breweries, SABMiller Plc, Anheuser-Busch InBev, and Asahi Breweries Ltd. are the key manufacturers of alcoholic beverages across the ... Continue reading →

The global nootropics market is anticipated to grow at a CAGR of 14.1% during the forecast period (2024-2031). New and effective product launches is anticipated to drive the demand for nootropics, thereby is driving the market growth. For instance, in March 2023, Beverage label Savvy launched a nootropic-infused beverage range designed to optimize cognitive performance. The beverage range is available in two variants: Savvy Coffee and Savvy Drink. Savvy Coffee comes in coffee pods and coffee powder, both with biodegradable compostable packaging.  Further, in October 2022, Southern California-based nootropics brand Troomy launched its product line of adaptogenic mushroom gummies. Formulated to help support a wide range of lifestyles and functional needs, Troomy Mushroom Gummies are available in a variety of super-powered mushroom blends and flavours. For focus, the company offers Lion's Mane Mushroom Gummies (Tangerine Passionfruit). For Boost, the company offers ... Continue reading →

 Organic textured soy protein market is expected to grow at a significant CAGR during the forecast period. Soy protein is the cheapest vegan form of dietary protein and has been categorized as a complete protein due to the availability of all necessary amino acids. Soy-based protein is widely used in the fitness sector as a muscle-building supplement. Furthermore, soy protein derived from organic sources is considered to be safer and healthier to consume, and it is believed to enhance bodybuilding without producing any adverse effects. Organic soy protein is widely used and may be found in breakfast cereals, protein and energy bars, and a variety of processed meats and substitutes for improved flavour and texture.  Consumers' growing awareness of the availability of low-cost protein is a key element in the global organic texture soy protein industry. Another major element driving up demand for organic textured soy protein in the global market is the expanding ... Continue reading →

The global pawn shop market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period. Pawn shops are also known as pawn broking. It is the traditional means of obtaining money in less time. This money is given as a loan against certain possession of the loan borrower. If the borrower does not repay the principal amount with interest after the decided maturation date of the loan, the possession of the borrower is fortified, and the pawn shop owner can resell it to other customers again. The primary factor supporting the market growth includes the ease and discounts that pawn shops offer to individuals. The pawn shop is a unique venue for cash loans and selling or purchasing a broad range of products, including jewelry, tools, electronics, rifles, and other retail items, at a payment cost agreed upon by both parties.  Another key factor bolstering the growth of the market includes the growing development and launches of online pawn shops and ... Continue reading →