Tuesday, 7 August 2018

Still Wine Market Future and Outlook 2018-2025

Still wine is a kind of table wine, which is specially treated to remove carbon dioxide, in order to make it non bubbly or fuzzy. Grapes are the most widely used raw material for still wine manufacturing. Manufacturing of still wine includes various processes such as sorting of raw material, crushing, maceration & pressing, fermentation, maturation, bottling, and bottle aging. Majority of wines are developed for immediate drinking, whereas some wines are manufactured to get benefits from bottle aging in optimum cellar conditions.
Market Dynamics
Increasing popularity of alcoholic beverages such as wine and beer in the high millennial population (above the legal drinking age) is expected to be the major factor for growth of the market. According to Millennial Engagement Initiative Report 2017, in 2014, over 36% of the U.S. workforce comprises millennial generation and nearly half (46%) of all the U.S. work force is projected to be millennial by 2020. Such factors are projected to create conducive environment for growth of the still wine market over the forecast period.
Moreover, increasing investment by leading market players to expand wine production capacity to better serve the needs of local customers is an important factor for growth of the market. For instance, in November 2016, Accolade wines invested US$ 40 million into Berry Winery, to establish new packaging and glass bottling plant. The new facility possesses a bottling capacity of 8 million cases of wine annually.
Government across various regions have imposed strict regulations on wine products. For instance, European Union established a set of allowed and not-allowed oenological practices. Under this practice, all wine imported into Europe needs to be certified. The certification and wine analysis report must be presented within single document. In addition to this, legislations such as allergen declaration, labelling & presentation, food laws, and various others are strictly imposed on wine. These factors could act as a restrain to the market growth.
Market Outlook
On the basis of distribution channel, supermarkets segment is projected to gain major traction in the market over the forecast period. In International Wine Challenge 2018, over 391 supermarkets such as Morrison, Waitrose, Tesco, and various others received awards for their offerings in variety of wines. As a part of long term sales and marketing strategy, supermarkets are engaged in launching new still wine products to receive acknowledgment in International Wine Challenge. For instance, in November 2017, Tesco launched a Grenacha-Rose and a Sauvignon Blanc, two new low alcohol still wines, in order to meet rising demand for still wines in the U.K.
Europe is a well-established market for still wine and accounted for highest revenue share in global still wine market in 2017. In Europe, countries such as France, Italy, Spain, and Germany are the leading producers of still wines. According to United States Department of Agriculture 2017 Report, on Germany Wine Industry, total consumption of still wine and sparkling wine fluctuated between 19.3 and 20.5 million hl during 2015-17. Moreover, per capita consumption of wine increased between 20.1 and 21.1 liters in 2017. In 2015, Germany imported over 1.5 billion liters of wine, which included 58% of bulk wine, 37% bottled wine, and 4% sparkling wine. These factors are expected to aid in growth of still wine market in Europe.
Asia Pacific is projected to be the fastest growing region in the market over the forecast period. In Asia Pacific, China, Australia, and ASEAN are projected to gain major traction in still wine market over the forecast period. According to Agriculture and Agri-Food Canada 2016 Report on China Wine Market, the wine sales in China was pegged at 2,466 million liters in 2015. This is projected to grow by 75% by the end of 2019, reaching 4,320 million liters.  
Key players
Key players operating in the global still wine market include E. & J. Gallo Winery, Constellation Brands, Inc., Miguel Torres S. A., The Wine Group Inc., Treasury Wine Estate, Castel Group, Accolade Wines, Concha y Toro, and among others.
Several companies that manufacture still wine are adopting various growth strategies, in order to sustain their market position. Mergers, acquisitions, and collaboration in various geographies are some of key strategies followed by major players in the still wine market. For instance, in June 2016, E. & J. Gallo Winery acquired Orin Swift Cellars, a well-known wine brand. The acquisition included rights for Orin Swift Cellars wine brands, related inventory along with the control of popular wine tasting room located at St. Helena. Furthermore, in February 2016, E. & J. Gallo Winery acquired distribution rights for Renato Ratti, an Italy-based wine manufacturer, in the U.S. market. Such activities are creating a conducive environment for growth of the market.
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Waterproof Socks Market Global Trends and Forecast to 2025

Waterproof socks are socks equipped with a membrane that is resistant to water penetration. They are usually made up of three layers, wherein the outer layers prevents abrasion by shoes, the inner layer provides insulation and comfort, and the middle membrane prevents water penetration from outside and provides breathability by allowing the vapor to pass outside. Waterproof socks are breathable, stretchable, flexible, windproof, provide thermal protection, and prevent the feet from getting wet. They are used for outdoor activities such as hiking, mountaineering, cycling, and working in the rains.
Growing demand for multifunctional apparel and accessories with properties such as windproof, waterproof, and breathable for outdoor activities such as snow sports as well as growing popularity of ecotourism are driving growth of the market for waterproof socks. The recent past has witnessed a trend of increasing consumer inclination towards anti-microbial waterproof socks such as Dexshell Coolvent, Hydroskin Wet Socks, in turn, fueling growth of the waterproof socks market. Low market penetration in developing countries such as Brazil, Mexico, India, Thailand, Peru and others is one of the challenge to the waterproof socks market.
Among gender segments, the males segment accounted for the highest market share in 2016, due to high inclination of the male population towards outdoor activities such as hiking. For instance, according to New Zealand Tourism, 51% of international walking and hiking tourists visiting New Zealand were recorded to be males during 2009–2013. Among age groups, the 30-45 years was the largest segment, as people in this age category are actively involved in activities such as hiking, mountaineering, and snow sports. For instance, according to New Zealand Tourism, 32% and 13% of walking and hiking tourist visiting New Zealand were in the age group of 25 to 34 years and 35 to 44years, respectively during 2009–2013.
Asia Pacific was the largest market for waterproof socks due to increasing popularity of snow sports, hiking, and trekking in the region. For instance, according to report published on Special Interest Sector by New Zealand Tourism in March 2017, 30% of holiday tourists are engaged in winter ski. Europe is the second-largest market for waterproof socks, as winter sports and mountain sports are very popular, especially in the Northern and Western Europe. Increasing popularity of outdoor recreational activities and winter sports such as ice skating, skiing, sledding, snowboarding, and snowmobiling in North America, position it as a highly lucrative market for waterproof socks. Around 57.4 million skiers and snowboarders visited the U.S. during 2013–2014 as per stats released by National Ski Areas Association (NSAA). According to The Outdoor Recreation Economy report, 2017, by Outdoor Industry Association, annual consumer spending on outdoor recreational activities such as trail sports, snow sports, water sports, camping, fishing, hunting, wheel sports, and wildlife viewing in the U.S. is estimated to account for around US$ 887 billion.
The waterproof socks market was valued at US$ 3,790.1 million in 2016 and is projected to register a CAGR of 8.0%in terms of revenue, over the forecast period (2017 – 2025).
Asia Pacific held the largest revenue share of 32.31% in 2016 and is expected to retain its dominance over the forecast period.
The market players operating in the waterproof socks market are adopting various strategies such as new product launches to retain a strong foothold in the market. For instance, in October 2017, Showers Pass launched Showers Pass Waterproof socks and Sealskinz launched Super Thin Mid, Super Thin Ankle, Super Thin Pro Ankle with Hydrostop, and Super Thin Pro Mid Sock along with Hydrostop waterproof socks.
Key players operating in the waterproof socks market include DexShell, Sealskinz, Showers Pass, Rocky, Wigwam Corporation, Camaro GesmbH, Randy Sun, Seavenger, Neo Sport, and NRS.
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Monday, 6 August 2018

Organic Apple Sauce Market Trends And Forecast 2025

Organic apple sauce is a popular condiment made from organic apples. Besides its delicious taste, it promotes good digestion. Apple sauce is abundant with nutrients, antioxidants, and dietary fibers. The skin and pulp of apples contains flavonoids, which offers numerous health benefits such as regulation of blood pressure, reduction in inflammation, excessive fat production, and cholesterol levels, and lower risk of heart disease. According to the statistics published by The World Counts, by May 2018, global sales of organic food products reached over US$ 55 billion with largest share from the U.S., Germany, and France.
Owing to restricted use of fertilizers and pesticides, organic food is gaining significant popularity across the globe. According to online sources, in May 2017, Motts General Mills was sued by the Beyond Pesticides due to chemicals found in its natural apple sauce product. The demand for organic apple sauce is thus increasing, as these apples are grown organically with environmentally sustainable methods.
Market Dynamics
Major driver for growth of the organic apple sauce market is the growing health consciousness of the populous and growing inclination towards environmentally sustainable products. U.S. Apple Association states that daily consumption of organic apples helps prevent diseases such as heart stroke and Alzheimer’s disease.
In April, 2008, News Medical Life sciences source stated that apples lower the risk of the metabolic syndrome. Eating an apple or applesauce daily has also been linked to decreased risks of asthma and related diseases and enhanced lung function.
Unsweetened apple sauce helps in weight loss process, as it decreases the risk of developing abdominal fat, and hence is expected to gain significant popularity in the near future. Various combinations are available for flavored apple sauce, such as cinnamon, raspberry, cranberry, strawberry, maple, and peach.
Packaging plays a critical role in keeping the sauce safe and tasty. Apple sauce is available in a variety of packages such as glass bottles, plastic bottles, pouches, cartons, and cans. The wide availability of choices attracts customers, thus fueling growth of the organic apple sauce market.
Market Outlook
Study published by MDPI in the Horticulture journal in December 2015, stated that in 2014, market value of organic foods in the U.S. was US$ 42 billion, with 43% share from fruits and vegetables. Report published by Business France stated that in 2015, organic food industry in France was worth US$ 6.80 billion and in 2016, French exports of organic products valued around US$ 514 million.
According to the U.S Department of Agriculture, 4% of the total food sales in the U.S. in 2016 was organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.
Growing health awareness against chemical pesticides and higher disposable income among the populace in emerging economies have resulted in an increased demand for organic food. According to Organic and Conventional Products paper in the U.S., by MDPI, 84% of consumers buy organic food in the U.S. Due to high pectin content, apple sauce is associated with health benefits such as treatment of diarrhea, which in turn, is fueling growth of the organic apple sauce market.
According to Organic Trade Association (OTA) in April 2017, maximum organic food sale takes place through conventional and natural food supermarket, while the remaining sale takes place through food service, farmer’s market, and distribution channels other than retail stores.
Key players in Global Apple sauce Market
Key players operating in the organic apple sauce market include Thrive Market, Santa Cruz Natural Incorporated, Vermont Village Artisan Cannery, White House Foods, Materne North America Corp (GoGO sqeezy), Motts General Mills, Musselman’s, Andros Group (Old Virginia), Earth’s Best Inc., Eden Foods Inc., and Great Value Food
Apple sauce manufacturers are producing apple sauce with fusion of various other fruits to offer different and enhanced tastes, flavors, and health benefits from other fruits. For instance, vitamins and fibers are obtained from strawberries, antioxidants from raspberries, and zinc and manganese obtained from maple. Addition of flavored apple sauce to sweetened and unsweetened apples is increasingly attracting customers due to a wide range of options available in the apple sauce market.
Market Taxonomy
On the basis of composition, global apple sauce market is segmented into
    Sweetened
    Unsweetened
    Flavored
On the basis of distribution channel, global apple sauce market is segmented into:
    Hypermarket
    Supermarket
    Specialty stores
    Online
    Others
On the basis of packaging, global apple sauce market is segmented into:
    Glass bottles
    Plastic bottles
    Pouches
    Cartons
    Cans
On the basis of region global apple sauce market is segmented into:
    North America
    South America
    Europe
    Asia Pacific
    Middle East & Africa
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Pistachio Market Headed for Growth and Global Expansion by 2026

Pistachio are seeds of the plant Pistachia vera. They are rich in various nutrients such as proteins, dietary fibers, vitamin K, vitamin B-6, thiamin, copper, phosphorus, manganese, iron, magnesium γ-tocopherol, phytosterols, xanthophyll carotenoids, and others. The benefits of pistachio consumption includes weight management, reduced risk of diabetes and cardiovascular diseases, improved immune system, nervous, and digestion system.
Increasing health awareness and preference for healthy food are the key factors driving the growth of pistachio market. The growing demand for pistachio oil in food and cosmetic industry, as a gourmet ingredient is fuelling the growth of pistachio market. Also, the use of pistachio paste as flavoring agent in sauces and others is further propelling the growth of pistachio market. Increasing popularity of pistachio as flavoring agent in desserts such as ice-cream, cakes, cookies, and others has augmented the growth of pistachio market.
However, high cost of pistachios as compared to other nuts and contamination of pistachios by carcinogenic substance such as aflatoxins is restraining the growth of pistachio market. Various regulatory bodies has set stringent regulations such as Commission Regulation (EC) No. 1881/2006 by Europe Union on aflatoxins content in food and animal feed. 
In-shelled pistachio market accounted for the highest market share, owing to their use as snacks. Increasing demand for in-shelled pistachios blended with flavors and seasonings accounted for largest segment among the distribution channel, supermarkets, and hypermarkets.
Pistachio -Market Outlook:
Asia Pacific is the largest and fastest growing region in the pistachio market, owing to increasing demand for nutritious food due to growing health awareness and increasing demand in bakery confectionary and food services. According to the India Food Service Report 2013 by the National Restaurant Association of India (NRAI), the Indian food serves industry is estimated to reach US$ 68.16 billion by 2018. The growth in food services sector is expected to drive the pistachio market in India.
North America region is the second largest market for pistachios due to the increasing snacks market and growing demand for healthy snacks. For instance, according to the report published in September 2016 by Agriculture and Agri-Food Canada, snack products are estimated to grow at CAGR of 2.3% from 2016 to 2020 while nuts snacks segment is estimated to reach US$ 5.3 billion by 2020 by CAGR of 2.1% from 2016 to 2020. According to the United States Department of Agriculture (USDA), approximately 98% of pistachios are produced in California making the U.S second largest producer and exporter of pistachios.

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Pistachios market in Europe is significantly growing, owing to demand for pistachio as flavoring agent in bakery and confectionary products. Also, increasing demand for healthy snacking is further driving the growth of the market. According to Global Agricultural Trade System (GATS), the total sale of pistachios in Europe was US$ 426 million in 2015.
Latin America, Middle East, and Africa has lucrative demand for pistachios from food processing and snacks industry. Also, increasing consumer awareness on health benefits of pistachio is further driving the growth of pistachio market in this region. Iran is the largest producer and exporter of pistachio and accounts for more than 50% of the global pistachio production.
Key players operating in the pistachio market include Germack Pistachio Company, Santa Barbara Pistachio Company, The Wonderful Company LLC, Hellas Farms LLC, Keenan Farms, Farm Fresh Nuts, Setton Pistachio of Terra Bella, Inc., Pistachio Provenance, and Ready Roast Nut Company.
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Thursday, 2 August 2018

Renewable Chemicals Market Share, Market Size, Market Trends and Analysis 2026

Renewable chemicals commonly known as bio-based chemicals are obtained from various renewable sources such as organic waste products, agricultural waste, agricultural feedstock, microorganism, and biomass. Due to lower carbon constituent and environment friendly characteristics, it has emerged as a potential substitute for petroleum-based chemicals. Increasing awareness and growing demand for methanol and ethanol in the pharmaceutical industry is a major factor expected to fuel growth of the renewable chemicals market during the forecast period. The renewable chemical market is expected to be dominated by Europe, followed by North America. This is mainly attributed to inclination of the populace and industry players towards adoption of novel and technologically advanced green products. However, on the back of supportive government policies and low labor cost, Asia Pacific is expected to specter enormous growth for the market during the forecast period. Renewable chemicals have diverse application such as agriculture, food & beverages packaging, biomedical, among others. Technology applied for manufacturing renewable chemicals from biomass includes thermo chemical conversion, enzymatic hydrolysis, dehydrative transformation, fermentation and bioconversion, production of Fischer Tropsch diesel, acid hydrolysis, among others.
Renewable Chemicals Market Outlook – Surge in End User Demand Augmenting Market Growth
Emerging technological breakthroughs, inclination of the populace towards eco-friendly products, and supportive government policy are fueling growth of the renewable chemicals market. Moreover, the growing demand for ethanol & methanol, green packaging materials and consumer goods packaging materials is expected to witness tremendous growth during the forecast period. Abundant raw material, cheap labor cost, and increasing demand for renewable chemicals in China and India is expected to propel growth of the market for renewable chemicals. Moreover, tremendously escalating urbanization and industrialization in emerging economies of Asia Pacific are further expected to amplify demand for renewable chemicals across various flourishing end-use industries. Strict regulation by EU on the use of fossil fuels has compelled manufacturers and researchers to innovate and develop new technology, which can replace fossil fuel.
Renewable Chemicals Market Challenges – High Cost for Commercialization
The renewable chemicals market is very niche, with few numbers of players in the global market. Moreover, increasing consumer awareness about the environment is expected to sharply incline towards green and eco-friendly chemicals. To fulfill increasing demand for renewable chemicals, commercialization of pilot project and players have to make significant investment in research and development to upgrade the existing production technology and develop new products. While the market offers highly lucrative growth opportunities, high capital investment in production of renewable chemicals as compared to other conventional chemicals and polymers, is expected to be a key challenge for market growth. Also, the viability of renewable chemicals in terms of matching performance of conventional chemicals is still to be conclusively proved, which dissuades end-use industries from adopting these chemicals. Increasing technological advancements and growing consumer awareness is expected to change the tide in the near future. Moreover, due to abundant petroleum reserves in Middle East and Latin America, the market for renewable chemicals in these region is expected to experience least growth during the forecasted period.
Renewable Chemicals Market – Regulatory Scenario:
2009, Federal Legislation enthusiastic support for bio based products development and promotion.
As per The Biomass Research and Development Act of 2000, established the biomass research and development initiative to promote and develop bio based products, which consist of representatives from the white house, US Department of Agriculture (USDA) and US Department of Energy
The key players in the market include Archer-Daniels-Midland Company (ADM), Amyris Inc., BASF SE, Bioamber Inc., Biomethanol Chemie Nederland B.V., Braskem, Cargill Inc., DSM, E. I. DU Pont DE Nemours & Company, Evonik Industries AG, Genomatica Inc., Metabolix, Inc., Myriant Corporation, Natureworks LLC, Novozymes A/S, OPX Biotechnologies, Solazyme Inc., Solvay, The Dow Chemical Com
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Low Bed Trailer Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

A low bed trailer is utilized in various applications and has the capability to carry loads up to 12 feet high. A low bed trailer is majorly used to carry oversized cargo such as industrial equipment, bulldozers. The high spending for infrastructure development in the emerging economies such as China and India is a key driver for the global low bed trailer market. For example, for road construction, China invested US$ 207 billion in 2015 and built 49,000 miles of expressways. Similarly, for the development of 35,000 km of roads across the country, the Indian government released funding of US$ 45 billion. The 14000 km will be developed for feeder route and 21000 km will be for economic corridor. Moreover, the Indian government also released the fund of US$ 65 billion for the upgrade of two lane national highway to four lane national highway. Hence, this increasing investment of the road construction have increased the demand of transportation of heavy manufacturing equipment has fueled the market of low bed trailer globally. In addition to this, the increasing adoption of mass reduction technology by the OEMs for the fleet trucks for increasing demand of fuel efficiency also become one of the major driver for the growth of the global low bed trailer market.  Improved aerodynamics, low rolling resistance, use of low-rolling-resistance tires, idling reduction technologies are some of the new technologies adopted by the OEMs which helps to improve the fuel efficiency of the trailers. 
In addition to this, the increasing demand of freight for defense equipment and shortage of vehicle logistics for rail and road transport are some of the other drivers which also provides the growth opportunity to the global low bed trailer market.
Low bed trailer market taxonomy
On the basis of product type, the global Low-bed trailer market is classified into:
    • 2 axle
    • 3 axle
    • 4 axle
    • 6 axle
    • others
Based on product segment the 3 axle product segment holds the dominant position in the global Low-bed trailer market in 2016 and is projected to retain its dominance throughout the forecast period. The increasing demand for transportation of agriculture and building machines become the major driving factor for the growth of 3 axle product in the global Low-bed trailer market
On the basis of application, the global Low-bed trailer market is classified into:
    • Forestry Application
    • Mining Industry Application
    • Engineering Construction Application
    • Other
Low bed trailer Market Outlook – North America holds the largest market of the global Low-bed trailer market.
On the basis of geography, global Low-bed trailer market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia pacific holds the dominant position in the global Low-bed trailer market in 2016 and is projected to retain its dominance throughout the forecast period. The increasing infrastructure facilities such as production halls, bridges, public buildings, roads and many more in Asia pacific countries such as India, China has increased the demand of specialized equipment and manufacturing structures and machines provides the growth opportunity to the Asia pacific low bed trailer market. For example, for highway network the china government have a target to build 3 million km by 2020
Key companies of global Low bed trailer market
Kögel Trailer GmbH & Co.KG, Bernard Krone Holding SE & Co. KG, Wabash National Corporation, Böckmann Fahrzeugwerke GmbH, Dennison Trailers ltd, Great Dane Trailers, Humbaur GmbH, Utility Trailer Manufacturing Company are some of the key companies of the global Low bed trailer market.
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Wednesday, 1 August 2018

Vanillin Market Analysis of Sales, Revenue, Share and Growth Rate to 2026

Vanillin (4-Hydroxy-2-mythoxy benzaldehyde) is an organic compound, belonging to the phenol aldehyde group. Vanilla beans is the largest concentrated natural source of vanillin, followed by Leptates bicolor, Chinese red pines, lychee fruit, and raspberry. Vanillin is produced through three ways namely, natural, biosynthesis, and chemical synthesis. Natural and chemical synthesis are two most important means of vanillin production. Vanillin is extensively used in the food industry as a flavoring agent for chocolates, ice-creams, candy, biscuits, and cakes. Ethyl vanillin and methyl vanillin are the two types of vanillin. Ethyl vanillin is a stronger flavoring agent as well as is expensive than methyl vanillin. Vanillin is also used in intermediate applications in the pharmaceuticals and fine chemicals industries.
Use of vanillin as a food additive is widely approved by authorities such as the FDA, which has granted GRAS status to its use. The use of vanillin, is not associated with the any adverse effects or associated with health complications over the past few decades. This ensures its safety, which is expected to increase the demand for vanillin globally. An Acceptable Daily Intake (ADI) of 10 mg/kg has been agreed between the FAO/WHO and EU. Lack of evidences to restrict vanillin consumption as a consumable food additive, influences a large number of manufacturers to invest more in global vanillin market. Growing urbanization, improved standard of living, and continuous research to increase techno-commercial benefits of vanillin are projected to be key drivers for growth of the global vanillin market during the forecast period (2017-2025).
Among production type, the natural production segment contributes to major market share in terms of volume and value due to bulk availability of natural raw materials and higher product yield than the chemical segment. Natural vanillin production is expected to retain its dominance over chemical production during the forecast period (2017-2025).
Among vanillin type, the ethyl vanillin segment is the leading segment in terms of volume followed by methyl vanillin segment. As ethyl vanillin is a stronger agent than methyl vanillin.
Among end use, the food segment holds the highest market share in terms of volume and value, followed by the pharmaceutical segment due to increased urbanization, rising consumer food demand coupled with health awareness.
Global Vanillin Market Outlook
Asia Pacific holds a dominant position in the global vanillin market in terms of revenue in 2016 and is expected to retain its dominance throughout the forecast period. Europe is the second largest region to contribute in global vanillin market growth, followed by North America. Owing to the presence of a large number of food and pharmaceuticals units, significant growth is expected in Europe during the forecast period.
Key Players in Global Vanillin Market
Some of the key players operating in the global vanillin market are Evolva Holding SA, Solvay SA, Borregaard, Jiaxing Zhonghua Chemical Industry Co., Ltd., Virginia Dare, Shanghai Xinjia, Watkins Natural Gourmet, Zibo Svolei, Liaoning Shixing, Synnova Chemicals, and Prinova Group LLC. In 2013, International Flavors & Fragrances partnered with Evolva Holding for the production of biotechnology-based vanillin. In 2016, Evolva Holding increased its production capacity that helped them to establish a strong foothold in the market.
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