Thursday, 29 March 2018

Global Snail Beauty Products Market to surpass US$ 769.5 million by 2025

Snails naturally secretes slimy mucus/snail extract (Helix aspersa muller glycoconjugates) to protect themselves from cuts, bacteria, and UV ray. This protective slimy mucus is enriched with beauty enhancers such as hyaluronic acid, glycolic acid, elastin, glycoprotein enzymes, anti-microbial, copper peptides, and various others. In ancient Greece, snail mucus was applied on wounded or burned skin to enhance skin healing. Currently, snail mucus is used to prepare serums, facial masks, moisturizers, and fading creams, which are mainly used to treat dry skin, wrinkles, stretch marks, acne & rosacea, age spots, burns, scars, razor bumps, and flat warts. Factors such as increasing inclination of mid age population towards grooming, shifting preference towards natural skin enhancing ingredients, and favorable growth of snail farming are major factors driving growth of global snail beauty products market.
Among product type, anti-ageing cream segment generated highest revenue in global snail beauty products market in 2016. The segment is expected to lead the market over the forecast period. Snail mucus stimulates the formation of collagen and elastin, which repairs damaged skin and restore skin hydration. Increasing demand for snail creams especially from mid-age population is the prime driver for the growth of this segment. According to United Nation survey, about 65% of world population is under age group of 15 to 64 years. Such huge population base is creating positive environment for growth of anti-ageing cream segment.
Asia Pacific held highest revenue share in the global snail beauty products market in 2016 and it is projected to maintain its dominance throughout the forecast period. In Asia Pacific, South Korea contributed highest revenue share in the regional market. Shifting consumer preferences towards natural skincare ingredients fuelled by favorable growth of cosmetic industry in the region is bolstering growth of snail extract based beauty products. According to South Korean government, South Korea is the eighth largest cosmetic market in terms of sales in the world. Moreover, increasing popularity of snail spas in Thailand, Korea, and Japan is boosting demand for snail beauty products in the region.
North America region is expected to be the fastest growing region, witnessing CAGR of 11.23% over the forecast period. In North America, the U.S. is projected to witness significant growth in the regional snail beauty products market over the forecast period. Increasing focus of leading players to tap potential market in association with local retailers in North America is expected to have positive impact on growth of regional snail beauty products market. CVC Pharmacy, a subsidiary of American Retail and Healthcare Company CVC Health began to promote K-Beauty HQ, which contain more than 100 South Korea beauty brands including snail creams & gels at 2100 stores in April 2017.
According to a study by Coherent Market Insights, the global snail beauty products market was valued at US$ 338.3 million in 2016 and is expected to reach to US$ 769.5 million, by witnessing a CAGR of 10.82%, in terms of revenue, over the forecast period (2017 – 2025).
Anti-ageing creams segment held highest revenue share of 33.25% in the product type and the segment is projected to maintain its dominance throughout the forecast period. Cell renewal cream is projected to be the fastest growing segment in the market during the forecast period.
Major Players in the Global Snail Beauty Products Market -
The major players operating in the snail beauty products market include Mizon, COSRX, KENRA Professional, DRAN Co. Ltd., Owlcare Co. Ltd., and Laboratories Portugal S.R.L. Key players are strategically investing in the snail beauty products market to enhance their product portfolio. For instance, KENRA Professional has developed snail extract based hair care products such as anti-aging shampoo, anti-aging conditioner and cream, which are formulated without sulphates, parabens, and sodium.
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Tuesday, 27 March 2018

Huge Demand of Omega 3 Ingredients Market Forecast till 2025

Omega 3 ingredients are naturally occurring polyunsaturated fatty acids and nutrients that are imperative for optimal human health. There are three types of omega 3 ingredients, namely, alpha-linoleic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid (DHA). EPA and DHA are primarily extracted from fish and ALA is primarily extracted from plants sources such as seeds and nuts.
Docosahexaenoic Acid (DHA) products accounted for the dominant segment in omega 3 ingredients market in 2016, according to Coherent Market Insights Analysis. EPA/DHA consumption is gaining traction over alpha linoleic acid (AHA) due to certain health benefits such as stabilizing blood pressure, reducing bad cholesterol, and coronary heart diseases. This in turn, is expected to drive growth for the omega 3 ingredients market in the forecast period. Furthermore, the economically-efficient production of omega 3 fatty acids, has led to its wide application in supplements, food, and pharmaceutical industries. This in turn, is propelling growth of the global omega 3 ingredients market, a trend that is expected to sustain over the forecast period.
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Omega 3 fatty acids are basically extracted from fish, which includes fish oil extraction followed by refining of fish oil. Food industry is the largest user of the omega 3 polyunsaturated fatty acids, which are used to obtain omega 3 rich food products and in turn is expected to boost the market for omega 3 fatty acids during the forecast period. However, with growing demand for organic ingredients in food products, market players are focusing on developing more digestible triglyceride concentrates and natural ingredients. For instance, omega 3 ethyl ester derivatives are gaining traction and is expected to dominate the market of omega 3 ingredients during the forecast period.
The global omega 3 ingredients market was valued at US$ 3.83 billion in 2016 and is expected to expand at a CAGR of 15% in terms of revenue during 2017 – 2027.
Omega 3 Ingredients and Health Benefits
The increase in various health diseases has resulted in an increased need for healthy fuel the demand for omega 3 fatty acids, due to various health benefits is expected to propel the market for omega 3 ingredients during the forecast period. For instance, few health benefits are listed below
    • Blood fat (triglycerides):consumption of fish oil can lower the risk of heart attack and lower triglyceride levels.
    • Rheumatoid arthritis:consumption of omega 3 ingredients lowers join pain and curbs stiffness.
    • Depression:regular consumption of omega 3 ingredients in food products lowers the levels of depression and boosts the effects of antidepressants.
    • Baby development:consumption of DHA is helpful for neurological and visual development in infants.
    • Asthma:consumption of omega 3 ingredients lowers the inflammation level for asthma patients and also enhances functioning of lungs.
    • ADHD: consumption of omega 3 ingredients improves mental skills such as learning and thinking capacity of children.
Alzheimer's disease and dementia: consumption of omega 3 ingredients positively impacts the link between aging and gradual memory loss, thus protecting against Alzheimer's disease and dementia.
Regional Insights
Europe, followed by North America, and Asia Pacific, respectively accounted for major revenue shares in the global omega 3 ingredients market in 2016 and the trend is projected to remain the same over the forecast period. In 2016, North America held a market share of 28.1%, followed by Europe’s share of 27.6% in the omega 3 ingredients market. The growing demand for healthy food in North America due to growing awareness increased foodborne diseases and growing food industry is expected to drive the growth of this global market over the forecast period. According to a study conducted by Coherent Market Insights, the global pharmaceuticals market is expected to witness a CAGR of 15% during 2017 to 2027, which in turn, is expected to fuel growth of the global omega 3 ingredients market.
A survey conducted by National Center for Complementary and Integrative Health in the United States, concludes that fish oil was the most common natural supplement product used by over 8 million adults in the United States in 2012, than in 2007.
Multinational players need to tap into the potential addressable market in emerging regions with the help of geographical expansion
Major players in the global Omega 3 Ingredients market include Koninklijke DSM NV, BASF SE, Croda International Plc., NU-MEGA Ingredients Pvt. Ltd., Pronova BioPharma ASA, Omega Protein Corporation, and Ocean Nutrition Canada Limited, among others.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Tuesday, 20 March 2018

Increasing Demand of Oilfield Chemicals Market 2025

Oilfield Chemicals Market Outlook
The regional coverage for global oilfield chemicals market include North America, Europe, Asia Pacific and Rest of the World. Rapid growth in the gas and oil production activities in North America represents the highest market share for oilfield chemicals industry. Exploration and production activity has surged 12% and as reported by The North Dakota Industrial Commission since OPEC's agreement, oil and gas operators will be shifting from running minimum number of rigs to incremental increases throughout 2017, so long as oil prices remain above US$ 50 per barrel.
Major players operating in the global oilfield chemical market include Baker Hughes, Akzo Nobel NV, Elementis Plc., NALCO Champion, Newpak Resources Inc., The Lubrizol Corporation, Halliburton Company, Solvay SA and others.
With the increase in dependency on oil & gas industries, owing to increased domestic oil consumption, upsurge in vehicle parc, growing attention towards building deep sea oil reserves, increased usage of diesel for irrigation purposes due to the weather fluctuations and irregularities of monsoon along with rising air traffic are expected to fuel growth of the global oilfield chemicals market. Oilfield chemicals find major application in drilling activities, owing to increasing need to improve and enhance the efficiency and productivity of drilling operations. For instance, oilfield chemicals are highly used in ensuring protection of the drilling equipment and pipes from corrosion by segregating the oil and water from oil which usually blend together.
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Owing to the unprecedented drop in oil prices globally, the oil and gas exploration and production has slowed down in several regions. This has in turn brought down the rate of drilling activities thereby posing a major restraint for the growth of global oilfield chemicals market. Hence, the supply demand imbalance wherein the supply of oil is expected to continue whereas, the demand for oil is expected to slow down would inhibit growth of the global oilfield chemicals market.
However, drilling fluids is expected to continue to remain the dominant source of demand for global oilfield chemicals market owing to the increasing demand for advanced water-based and high value drilling fluids. Rising exploration of unconventional resources such as shale gas and coalbed methane along with growing interest in deep sea and ultra-deep water projects such as in Western Australia, in 2017, some 200 kilometres off the west coast, the largest floating off-shore production facility is about to begin its operations in Browse LNG Basin, are expected to provide the global oilfield chemicals market to grow in the near future.
Most of the oil produced in oilfields has excessive amount of water, which blends in with oil which can lead to corrosion. With an aim to reduce corrosion of pipelines, oil is separated from water through the usage of demulsifiers. Pipeline corrosion in oilfield lead to inefficiency of the oil production. Therefore, corrosion inhibitors are used which work in reaction with corrosion agents such as oxygen to inactivate them. Demulsifiers and corrosion inhibitors are very essential in oilfields as they protect the drilling equipment, containers and pipelines from damages, leakages, and corrosions.
Oilfield Chemicals Market Taxonomy
By Type of Oilfield Chemicals
On the basis of type of agent, the global market is classified as: Specialty Surfactants, Demulsifiers, Rheology Modifiers, Inhibitors & Scavengers, Friction, Reducers, Gellants & Viscosifiers , Specialty Biocides, Others
By Method of Application
On the basis of method of application, the global market is classified as: Drilling fluid, Cementing & Additives, Well Stimulation, Workover & Completion, Enhanced Oil Recovery, Production Chemicals, Others
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Liquid Packaging Carton Market: Development Trends by Regions, and Forecast 2025

Liquid packaging carton Market Outlook
Asia Pacific is expected to be the largest potential market for liquid packaging carton, with the market in the region projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the immense growth in population which has boosted the growth of food and beverage industry, especially in developing countries such as China and India. According to IBEF, US$ 915 billion is estimated to be generated by the Indian food and grocery industry by 2026. According to the Department of Industrial Policies and Promotion (DIPP), the food processing sector in India received Foreign Direct Investment (FDI) of around US$ 7.47 billion during April 2000-December 2016. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
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Wide applications of liquid packaging carton in food and beverage industry is fueling the demand for liquid packaging carton, especially in Asia Pacific and the Middle East regions. Alternative packaging materials such as polyethylene terepthalate (PET), high density polyethylene (HDPE), and glass packaging is considered as one of the growth restrainers for the liquid carton packaging market. Innovation product launch is a key strategy adopted by the major players in the liquid packaging carton market. Elopak, a leading liquid packaging carton manufacturer introduced the unique carbon neutral cartons for dairy products. This has complemented to the company’s strategy of reducing greenhouse gas emissions. Some of the major companies operating in the global liquid packaging carton industry include Elopak As, Klabin SA, Greatview Aseptic Packaging Co.,Ltd., Packaging Material Co., Ltd., Evergreen Packaging Inc., Liqui-Box Corporation, SIG Global, Tetra Pak Inc., TidePak Aseptic, Refresco Gerber N.V., and Nippon Paper Industries Co. Ltd.
Flexible liquid packaging offers various advantages such as longer shelf life, safe filling process, and use of less packaging material as compared to rigid packaging. It also preserves and protects the quality of valuable products, reduces overall carbon footprint, and is easily dispensable. Industrial applications of liquid packaging cartons include cartridge for adhesives, sealants and other industrial chemicals.
Liquid Packaging Carton Market Taxonomy
On the basis of product type, the global market is classified into:Rigid, Flexible
On the basis of raw material, the global market is classified into:Polypropylene, Polyethylene
On the basis of application, the global market is classified into:Food & Beverages, Industrial
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Key Trends and Analysis of Herbal Tea Market

Herbal Tea Market Outlook
Asia Pacific is the largest herbal tea market and expected to witness substantial growth over the forecast period. This attributed to high consumption of tea in countries such as China, India, and Japan. Moreover, increasing awareness of health benefits of consumption of herbal tea such as regulation of blood sugar and growing tea industry are factors expected to propel growth of the herbal tea market in Asia Pacific. For instance, according to Tea Board of India, production of green tea in India was 1.19 billion kg in 2014–2015 which increased by 3% to 1.23 billion kg in 2015–2016. Furthermore, increasing production of green tea is aiding in growth of herbal tea market. For instance, according to Tea Board of India, production of green tea in India was 14.89 million kg in 2014–2015 which increased to 19.19 million kg in 2015–2016.
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North America was the second largest region in the global market in 2016, owing to rising awareness among consumers to improve their health and wellness. According to the Tea Association of the U.S., in 2017, the people in the country consumed over 84 billion servings of tea, out of which 13% was green tea.
Europe is expected to be a lucrative market for herbal team, owing to increasing consumption of tea in this region. According to the Centre for the Promotion of Imports from developing countries, tea consumption in Europe was pegged at 229 thousand tons in 2015. According to European Commission, U.K. held the highest tea consumption of 113.40 tons followed by Germany, France, and Poland in 2015. According to the German Herbal and Fruit Tea Trade Association (WKF), in 2013, people in the county consumed 13 billion cups of herbal tea.
Herbal tea market is highly competitive with manufacturers adopting various strategies such as new product launches, merger and acquisitions, and collaborations to sustain their market position. For instance, Twining Crosfield and Company Ltd. launched Berry Fusion, Lemon Delight, and Buttermint herbal tea in November 2017. Sipwise Beverages Private Limited launched green tea and herbal beverage range in May 2017. In February 2015, Honest Tea launched cinnamon sunrise herbal tea and ginger oasis herbal tea. Unilever PLC acquired Pukka Herbs Ltd., a herbal tea manufacturer in September 2017.
Some of the players operating in the global herbal tea market include Tata Global Beverages Limited, Martine Bauer Group, Unilever PLC, Twining Crosfield and Company Ltd., ITO EN Inc., Dilmah Ceylon Tea Company PLC, Mother Parkers Tea & Coffee Inc., and Surya Herbal Ltd.
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Rising trend of consumption of ready-to-drink tea (RTD) is further fuelling growth of the herbal tea market. Therefore, manufacturers are focusing on offering RTD herbal tea, in order to expand their customer base. For instance, in January 2018, Teavana Holdings, Inc. launched unsweetened strawberry apple green craft iced tea, which is a green tea with lemongrass and fruit flavor. However, easy availability of substitute products such as coffee is expected to hinder growth of the herbal tea market.

Herbal Tea Market Taxonomy
Based on product type, herbal tea market is segmented into: Green Tea,Yellow Tea
Based on flavor, herbal tea market is segmented into:Ginger, Lemongrass, Peppermint, Chamomile, Ginseng, Cinnamon, Others

Based on distribution channel, herbal tea market is segmented into: Convenience stores, Hypermarket, Supermarket, Online stores,Others
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Monday, 19 March 2018

Soy Lecithin Market Outlook, and Opportunity Analysis, 2017-2025

Soy Lecithin Market Outlook
Asia Pacific is estimated to be the largest and fastest growing market in the forecast period owing to the high demand for the product and abundance of raw materials. India and China contribute significantly to the market growth in the region. The forecasted growth is backed by the immense demand for the product from food, construction, and paint industries
North America is the second largest market of soy lecithin. The market growth is primarily supported by the rising demand for protein-rich as well as processed food. Busy life schedules of modern society has augmented the demand for packaged nutritional supplements, which in turn boosts the demand for soy lecithin
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Europe is an emerging market in the global soy lecithin market. The rising use of cheap source of high-quality protein in food and supplements increases the demand for soy lecithin
The Latin America and Africa soy lecithin markets are witnessing sluggish growth rate, however, the growing economy of these regions creates a better platform for soy lecithin market in the upcoming years
Soy lecithin being of lower price and easily available is preferred over other protein enriched food items.
Soy Lecithin Market Challenges
Excess consumption of soy lecithin leads to many health issues. Strict government regulations pertaining to genetically modified soybeans hinder the soy lecithin market growth to an extent.
Soy Lecithin Market Participants
Some of the key market players identified in the value chain of global soy lecithin market are Archer Daniels Midland Company, Cargill, Lipoid GmbH, American Lecithin Company, Lasenor emul, Lecico Gmbh, Ruchi Soya Industries Ltd., Ceresking Ecology & Technology Co. Ltd., and Bunge Limited.
Soy lecithin Market Taxonomy
On the basis of grade, the soy lecithin market is classified into:
    • Food grade
    • Feed grade
    • Pharmaceutical grade
    • Industry grade
    • Others
On the basis of function, the soy lecithin market is classified into:
    • Emulsifier
    • Nutritional supplements
    • Dispersants
    • Wetting agents
    • Viscosity modifier
    • Release aid
    • Surfactants
    • Others
On the basis of application, the soy lecithin market is classified into:
    • Food & Beverages
    • Industrial
      • Automotive & Aerospace
      • Construction
      • Paints
      • Others
    • Pharmaceuticals
Soy lecithin is largely used in food, industrial as well as pharmaceutical industries due to the rich protein content and protective cover formation property.
About Coherent Market Insights:
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Sunday, 18 March 2018

Global High Fructose Corn Syrup Market to surpass US$ 6.28 billion by 2025

Global High Fructose Corn Syrup market was valued at US$ 4.57 billion in 2016, according to Global High Fructose Corn Syrup Market Report by Type (HFCS 42, HFCS 55, HFCS 65 and HFCS 90), by End-Use Industry (Food Industry, Beverage Industry, Pharmaceuticals and Others) published by Coherent Market Insights. The high fructose corn syrup market is expected to exhibit a CAGR of 3.64% over the forecast period (2017–2025) to reach US$ 6.28 billion by 2025.
Major factors propelling growth of the global high fructose corn syrup market includes its greater compatibility with acidic food and beverages. Moreover, HFCS does not contain color ingredients or artificial ingredients, which is another key factor responsible for the growth of the market. However, rising concerns regarding health and wellbeing, coupled with the changing lifestyle have allowed the consumers to shift to low calorie sweeteners, which is a key factor restraining the growth of the market currently.
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Key Trends and Analysis of High Fructose Corn Syrup Market:
    • Based on types, the HFSC 42 segment is anticipated to witness the fastest growth in the global high fructose corn syrup market through 2025. This is majorly attributed to the increasing demand for HFCS 42 from the food and beverage industry. According to USDA (US Department of Agriculture), in 2017, major HFCS 42 users include 42% of the beverage industry, 22% of the manufacturers of processed food, 14% of the bakery and cereal producers, 12% of the multiple-use food manufacturers, 9% of the dairy industry and 1% of the confectionery industry.
    • Among the end-use industries, the beverage industry was the dominant segment in the global high fructose corn syrup market in 2016 and is expected to retain market dominance throughout the forecast period. This can be attributed to the increasing consumption of carbonated beverages among the populace. According to Parliament of India, National Informatics Centre, North America accounts for the largest market of about 27% of the worlds carbonated drinks sales with per capita consumption of 48 gallons per year.
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Key Takeaways of the Market:
    • North America was the dominant region in the global high fructose corn syrup market in 2016 with a market share of 37.33% in the same year and is expected to maintain its supremacy throughout the forecast period. U.S is the major contributor to the growth of this market in North America. According to USDA, the per capita consumption of HFCS in 2013 was 25.7 lbs/yr, which has decreased to 24 lbs/yr in 2016. This is due to the consumers being more health conscious and shifting their preference towards the consumption of low calorie products, which is responsible for market slowdown at present.
    • Europe was the second largest market for high fructose corn syrup accounting for a revenue of US$ 1.54 billion in 2016. According to Birmingham Food Council, in 2015 the European Union’s total production of high fructose corn syrup was 700,000 tons. However the high fructose corn syrup market in Europe is expected to have a declining market share, owing to the stringent government regulations, regarding limiting added sugar content in the food and beverage industry. Asia Pacific is projected to record the fastest growth for high fructose corn syrup during the forecast period. This is due to the increasing intake of sweetened food and beverage products among the populace.
Major players in the global high fructose corn syrup market include Archer Daniels Midland Company, Cargill Inc., Tate & Lyle, Global Sweeteners Holdings Limited, Ingredion Incorporated, Showa Sangyo, Japan Corn Starch Co., Ltd., Kerry Group, COFCO Rongshi Bio-technology Co. Ltd and various others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
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Tel: +1-206-701-6702
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