Thursday, 6 June 2019

Bottled Water Processing Market Analysis by Current Industry Status and Growth Opportunities 2019 - 2027

Bottled water is packaged and processed water for consumption and is considered as a healthy and convenient choice among packaged beverages. It is available in retail and departmental stores in various convenient packaging. Increasing preference for bottled water is owing to its advantages such as healthy and safe for consumption and easy to use.
Market Dynamics:-
Increasing inclination of the populace towards urban lifestyle and growing awareness about benefits of bottled water is expected to boost growth of the market. The major advantage of bottled water is that it is safe and convenient. Furthermore, bottled water is pure and filtered to remove any bacteria and harmful chemicals, leaving people feeling better and healthier.
These factors are expected to boost the bottled water processing market growth during the forecast period. According to International Bottled Water Association, U.S. bottled water market generated a revenue of US$ 18,556 million in 2017 from US$ 14,143 million in 2014.
However, high capital investments required in setting up new bottled water processing plant water may adversely affect the market growth. The cost will be minimum US$ 2,845.07 and more depending on the equipment / machinery and the output desired, and others excluding the shed, land, transportation costs, man power, and maintenance costs. Waste created by bottled water in the form of plastic is a major environmental concern. These issues are expected to restrain growth of the market over the forecast period.
Market Outlook:-
Asia Pacific holds dominant position in the market for bottled water processing and is the fastest growing market during the forecast period. In India, bottled water is one of fastest-growing segment in the beverage industry. This in turn is expected to boost the bottled water processing market growth in the country during the forecast period. Increasing demand for bottled water in the country is attributed to shifting trends of drinking water, increasing disposal income, expanding organized retail, bulk water purchase, and high consumption of bottled water. According to India Brand Equity Foundation, the packaged drinking water market generated a revenue of US$ 100 million in 2016, and is expected to reach US$ 216 million in 2021. Therefore, increasing demand for bottled water is expected to boost growth of the bottled water processing market in Asia Pacific.
Based on technology, the reverse osmosis (RO) segment is expected to witness significant growth in the bottled water processing market during the forecast period. This is due to widespread use of reverse osmosis as a water-purifying technology. As it has an ability to remove many dissolved substances efficiently, yet produce a good tasting finished water. Another advantage is that RO does not add any other chemical to water. Moreover, the technology is cost effective compared to other water-purifying technologies.
Key Players:-
Major players operating in the global bottled water processing market include, Dow Chemical Co., Pall Corporation, Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Velocity Equipment Solutions Inc., Axeon Water Technologies, Alfa Laval, Lenntech B.V., 3M Company, Norland International Inc., and others.
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Skin Care Products Market Current scenario and Revenue 2026

Skin care products are those that support the skin’s integrity, enrich its appearance in addition to curing skin conditions. Skin care products provide the nutrition required for the skin, while products such as sunscreens protect the skin from harmful UV-radiations, thus helping in the prevention of skin cancer. The rising personal care industry worldwide, is driving the growth of the skin care products market. According to the International Trade Administration (ITA), in 2014, per capita spending on cosmetic products was reported as USD 139 in United States, USD 171 in South Korea and USD 174 in Japan. Thus, the high per capita spending on cosmetic products is anticipated to boost the growth of the market. Further, new product launches and various innovation in the skin care products such as organic personal care products, are the factors, supporting the growth of skin care products market. For instance, Revlon Inc. had launched a series of Almay Kinetin Skincare Advanced Anti-Aging products, in 2017. However, the limited shelf life of the skin care product poses as a limitation to the market growth.
Market Trends:
Factors driving market growth include increasing inclination towards probiotic skincare products, which has probiotic bacteria such as bifidobacterium and lactobacillus that are beneficial to the skin. For instance, Aurelia Probiotic Skincare Miracle Cleanser, launched by Aurelia, incorporated this bacteria in its products. Demand for hyaluronic acid and retinoid-based products, is increasing on account of the powerful anti-aging properties of these products. These help in treating issues such as wrinkles, scars, acne, and sun damage.
The online stores segment is expected to exhibit fastest growth on an account of the growing e-commerce retail industry. Customers are preferring the online segments for the purchase of skin care products due to the option to choose from a wide range of products in addition to options such as discounts and delivery. According to U.S. Census Bureau News, total e-commerce sales in the U.S. in 2017 accounted for US$ 453.5 billion, an increase of 16.0% compared to 2016.
Market Outlook:
Asia Pacific is held the fastest-growing market for skin care in 2016 and is expected to retain its dominance throughout the forecast period (2018-2025). According to ITA, with rising demand from men, the Indian skin care market is expanding at a phenomenal rate and several players are developing innovative cosmetic products, especially skin care products, for men. Companies such as L'Oréal are introducing special men’s skin care range such as anti-aging products in India. A number of international brands are focusing on entering into the market in Asia Pacific due to the huge untapped potential, especially in the emerging economies such as India and China. For instance, Malu Wilz, a premium German skin care brand, partnered with Kaunis Marketing Services Pvt Ltd in India, in 2017, to enter in the Indian skin care market.
Several skin care manufacturers are focusing on product innovation with added benefits. For instance, Revance Therapeutics Inc. is developing wipe-on botulinum toxin to wipe off wrinkle lines by 2018, in order to prevent aging. Manufacturers are also adopting numerous inorganic strategies such as mergers and acquisitions in order to strengthen their position in the global skin care market. For instance, L’Oréal acquired three skin care brands, CeraVe, AcneFree, and Ambi from Valeant for around US$ 1.3 billion in January 2017.
The market is highly competitive due to presence of a large number of brands and premium pricing. Consumers thus, switch between brands and settle for personalized products. Hence, the skin care manufacturers are adding innovative products with beneficial ingredients such as healthy bacteria, to their product portfolio. Apart from this, manufacturers are also incorporating new technologies such as nano gold and nanosomes technology or nano particles such as the Peter Thomas Roth line of 24K gold skincare for manufacturing skin care products. These products contain physicochemical characteristics of nanoparticles, such as rigidity, hydrophobicity, size, and charge, which are crucial for skin permeation mechanism and reducing aging. Thus, these products are gaining significant traction, globally.
Some of the major players operating in the field of skincare products market are Unilever Plc, Shiseido Company Ltd., Johnson & Johnson Inc., Procter & Gamble Co., Revlon Inc., Kao Corporation, and Avon Products Inc.
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Yogurt Market Industry Analysis, Gross Margin, and Business Opportunity 2018 - 2026

Yogurt is a dairy product that is made by the bacterial fermentation of milk. All types of milk, including skim milk (fat-free) and whole milk (full-fat) are used in the production of yogurt. Furthermore, yogurt contains probiotics—which are a family of healthy bacteria with live strains—which make it an extremely healthy dairy product. Products such as Greek yogurt contain beneficial nutrients such as iodine, which helps maintain weight of an individual. Furthermore, yogurts are widely available in a variety of flavors such as strawberry, mango, and raspberry. Healthier yogurt options such as those with low fat and low lactose levels are expected to gain traction, owing to the increasing health conscious among customers.
Drivers:
Yogurt offers rich source of nutrients such as calcium, vitamin B-2, vitamin B-12, potassium, protein, and magnesium. Yogurt consumption is also linked to strengthening of the immune system and helping combat conditions such as diarrhea. Furthermore, rising health concerns among the populace, such as obesity and heart diseases are major drivers fueling growth of the yogurt market. According to the World Health Organization, 650 million people in 2016 were obese and
Trends:
Increasing number of frozen yogurt franchises such as Menchie’s Frozen Yogurt are being established globally. Frozen yogurt is considered to be a healthy substitute for ice cream, due to their lesser calorie content, lower fat content, and enhanced nutrient content per serving. Owing to these properties, the demand for yogurt is increasing among the health conscious consumers, thus driving growth of the frozen yogurt segment globally.  To attract consumers, a number of frozen yogurt companies such as Orange Leaf, Yogurtland, and Menchie's Frozen Yogurt, display their calories-per-serving serving for every flavor offered.
Market Outlook
In terms of value, Europe is expected to hold the dominant market, followed by North America. The drinking yogurt segment is gaining significant traction in the European region, which in turn is expected to result in the growth of the yogurt market in Europe. According to the EU, in 2015, the drinking yogurt category recorded highest number of product launches, accounting for 41.3% of all dairy product launches in Germany, Italy, U.K., Spain, and France.
The persistent growth of the dairy industry in the U.S. is expected to fuel growth of the yogurt market in North American during the forecast period (2018-2025). Although the region has a fully-fledged market for set yogurt segment, the introduction of new variants in flavors and the high availability of low fat-containing products is expected to propel growth of the yogurt market in the region. According to the U.S. Department of Agriculture (USDA), yogurt consumption grew almost ten-fold to 0.05 cup-equivalents per person in 2015 from 1974. Manufacturers in the U.S. are focusing on launching new innovative products with additional nutrition content. According to USDA, some of the new products launched contain yogurt toppings, which accounted for around 10% of all new yogurt products in 2015, whereas those without toppings accounted for 0.5% of existing yogurt products. Newly launched yogurt products such as Danone’s YoCrunch, launched in 2015, contain toppings such as Oreos and Granolas and contain around twice as much fiber compared to new products sold without a toppings (1.33 versus 0.69 grams per serving).
In terms of consumption, Asia Pacific holds the fastest-growing market for yogurt. Emerging economies such as China and India are expected to hold a dominant position in this market, followed by Japan in the Asia Pacific region. The market in the region is expected to witness significant growth, owing to increasing number of international brands expanding sales in the region. For instance, popular global frozen yogurt brands such as the U.S.-based Red Mango, Canada-based Kiwi Kiss, South Korea's Yogurberry, have entered into the yogurt market in Indian, owing to the high untapped potential in the country.
New Product Launches:
Follow Your Heart—vegan food company—launched a new vegan yogurt line in 2018. The product portfolio includes numerous flavors such as key lime, peach, blueberry, strawberry rhubarb, cherry, vanilla bean, and raspberry. The yogurt products are made from real fruit, feature probiotic cultures, and are vegan. They are also free from soy and gluten.
Manufacturers are increasingly adopting inorganic strategies such as mergers & acquisitions, new product launches, and partnerships. For instance, Danone, acquired WhiteWave Foods Co. for US$ 10 billion in April 2017, in order to strengthen its position in the global yogurt market. Some of the key players operating in the global yogurt market are General Mills, Kraft Foods Group Inc., Chobani LLC, Sodiaal S.A., China Mengniu Dairy, Groupe Danone, Yakult Honsha Co. Ltd, and Nestle SA.

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.

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Wednesday, 5 June 2019

Instant Coffee Market Analysis, Share & Trends - Industry Forecast to 2026

Instant coffee, also called as soluble coffee. It is available in the form of crystals, and powder. Instant coffee is coffee powder that is produced from coffee beans that have been brewed at a higher Coffee-to-Water ratio compared to regular coffee. Instant coffee is produced using two methods such as spray drying and freeze-drying. In the spray drying method, a spray device is used for drying the coffee extract. The device transfers hot air into the container and converts the product into fine powder. In the freeze drying method, the coffee extract is frozen at around -40 degree Celsius and then the ice particles are treated separately in evaporation and drying chambers to produce instant coffee flakes.
Despite the dominance of fresh coffee in the coffee industry, instant coffee is quickly becoming popular all over the world. Transportation of instant coffee is cheaper, as it has lower shipping weight and volume than beans or ground coffee. Moreover, instant coffee offers convenience in preparation, which increases its demand among the urban consumers. 
Market Dynamics
Among packaging type, the jars segment is expected to witness significant market share in the global instant coffee market. In 2018, the segment accounted for 33.2% share in the global instant coffee market in terms of revenue. This was majorly attributed to high consumption of coffee in the Asia Pacific region. Therefore, significant growth in consumption of coffee due to increasing population is expected to boost the instant coffee market during the forecast period.
Among regions, in 2018, Europe held dominant position in the global instant coffee market, in terms of revenue share. This was owing to increasing consumption of instant coffee in the region. Asia Pacific is expected to record fastest growth in the market over the forecast period. Growing demand for instant coffee in China and India is majorly supporting the regional growth of the market.
Market Outlook:
Asia-Pacific market is expected to record the fastest growth during the forecast period, witnessing highest CAGR among all. Growing demand for instant coffee in China and India is majorly supporting the regional growth of the market. For instance, according to the United States Department of Agriculture (USDA), the export of soluble coffee (instant coffee) in India had increased from 1,667 thousand 60 kg bags during 2013-2014 to 1,833 thousand 60 kg bags during 2016-2017. In 2017, Starbucks announced to purchase more than 1300 stores in China, in a deal worth US$ 1.30 Bn, in order to cater the growing demand for coffee. Further, according to the International Coffee Organization (ICO), in 2015, the instant coffee had contributed approximately 99% and 98% in the total retail sales of Chinese coffee market by volume and value respectively. Thereby, growing coffee market in China, is supporting the overall growth of instant coffee market as well.
In 2016, Europe held the significant market share in the global instant coffee market. This is majorly attributed to the high consumption of coffee in the region. According to the International Coffee Organization (ICO), Europe recorded the highest consumption of coffee among all the regions during 2013 to 2017 and the total coffee consumption had increased from 50,179 thousand 60 kg bags during 2013-2014 to 51,693 thousand 60 kg bags in 2016-2017. Further, according to the CBI Ministry of Foreign Affairs, in Europe approximately 74 percent consumers prefer instant coffee over fresh coffee and in 2015, 2.5 Million Tons of coffee had consumed in European Union alone. However, due to the less coffee production in the region, Europe majorly depends on the imports, in order to cater the high demands for coffee. For instance, in 2016, Europe had imported 3.4 million tons of green coffee beans and the volume of imports had raised with an annual average rate of 1.6 percent between 2012 and 2016, according to the CBI Ministry of Foreign Affairs. Further, the instant green coffee is gaining popularity, owing to its various health benefits as it contains less caffeine, helps fastening weight loss and improve heart health.
Key Players and Business Strategies:
The major companies operating in this market include Keurig Green Mountain Inc., Alpine Start Inc., Starbucks Corp, Nestle S.A., Tata Global Beverages Ltd., Unilever Plc, Tchibo Coffee International Ltd, Luigi Lavazza S.p.A., The J.M. Smucker Company and Strauss Holdings Ltd.
 Frequent mergers and acquisitions, strategic collaborations and product innovation, are the key strategies adopted by these players. For instance in 2013, Nestle S.A. had launched its new instant coffee for hotels, restaurants and cafes in UK, under the brand name, Nescafe Azera. Further, Tata Coffee Limited, a subsidiary of Tata Global Beverages Ltd, in 2017, had announced to set up an instant coffee plant in Vietnam with a capacity of 5,000 metric tons per annum, in order to cater the growing demand for instant coffee and to strengthen the company’s business in Asia Pacific region.
About Coherent Market Insights:
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Confectionery Market Growth Analysis, Share, Demand by Regions, Research Forecasts to 2026

The confectionery market is a steadily growing market with rising sales in emerging economies. Confectionery products are typically low in nutrients and high in calorie content. Increasing incidence of lifestyle diseases such as diabetes, hypertension, and heart diseases coupled with rising health awareness has given rise to new product segments such as sugar-free confectionary products. Rise in demand for sugar-free, low-calorie, and organic products is projected to boost growth of the market. Sugar substitutes such as sorbitol, mannitol, maltitol and lactitol among others are used in confectionery. Chocoladefabriken Lindt & Sprüngli A.G. and The Hershey Company are some of the players offering sugar free chocolates, mints, toffees, candies, and jellies.
The biggest restraint to the confectionery market is the rise in raw material costs. For example, cocoa prices have been fluctuating over the past few years due to erratic production and supply demand imbalance. According to the International Cocoa Organization (ICCO), prices have fluctuated between US$ 2000/ton and US$ 3000/ton since 2014. The ICCO recommends that producers either reduce the volume of chocolate products or raise prices to achieve profitability in such market conditions.
Global Confectionery Market Outlook:
North America is the largest confectionery market region with the U.S. being a prominent consumer of confectionery products. One of the major drivers for this market is the seasonal demand for confectioneries. There is a high demand for candies and chocolates, as they are a vital part of the U.S. festivals. The consumption of chocolate and other confectionery treats is associated with many events and holidays throughout the year such as Valentine's Day, Halloween, Easter, Thanksgiving, and Christmas. The sales of confectionery products in the U.S. are observed to be high during such festivals. Also, the urban population is more inclined towards consumption of confectionery compared to its rural counterparts. According to the U.S. Census Bureau, over 80% of the population resided in urban settings in 2017. According to UN sources, 82.3% of the population is urban in Canada. These factors are expected to contribute to the market growth in the region. Furthermore, artisanal chocolates, which are manufactured by local manufacturers are in high demand due to perception of ethical sourcing of ingredients and healthier alternative to products from major market players.
Europe is also among the leading consumers and producers of confectionery products. In Switzerland, sales of premium chocolate continued to rise in 2017. Swiss consumers were more inclined towards high quality confectionery products, which incorporate organic, fair-trade chocolate and/or chocolate with a high cocoa content. Leading players such as Chocolat Bernrain A.G. and Max Felchlin A.G are offering organic chocolates in the market. In 2016, the total quantity of Swiss chocolate sold in the domestic and international market increased by 2.3% to 185,639 tons from the previous year. According to Coherent Market Insights, chocolate confectionery segment was the largest segment in France in 2017. In 2016, a thriving tourism industry, which hosted over 80 million tourists according to French government sources coupled with high local demand is expected to further bolster the market for chocolate confectionery in the country. Market players operating in France such as Chocoladefabriken Lindt & Sprüngli AG (Lindt), Nestle S.A., and Mondelez International have reaped the benefits of the tourism industry. Lindt reported a sales growth of 4.8% in 2017 over the previous year and plans to invest US$ 32.3 to expand manufacturing of chocolates in Switzerland.
The crucial strategies adopted by the market players include acquisitions, mergers, new product developments, capacity expansions, and flavor differentiation that helps to capture market share. In 2017, Hershey’s acquired Amplify Snack Brands to create a broader portfolio of brands by merging Hershey’s snack mix and meat snacks products with Amplify’s products such as Skinny Pop, Tyrrells, Oatmega, and Paqui.
Leading players in the market include Nestlé S.A., Mars Inc., Ferrero Group, Meiji Co. Ltd, Candyrific, Elmer Chocolate, Mondelez International, Grupo Arcor, and The Hershey Company.
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Dried Food Market Industry Growth, Trends and Outlook 2026

Drying is a process in which moisture or water content is removed from food products up to a desired level. Removal of moisture improves the shelf life of food by preserving its nutritive value. Changing consumer trends in terms of type of food consumed and the adoption of on-the-go eating habits is expected to boost demand for dried foods. Currently, the major product categories in the market are meat, fruits & vegetables, and dairy products. Research on drying of other products such as eggs, instant coffee, and fish could open up new avenues for future market growth.
Key drivers of the market are increasing acceptance of processed food in regular diet and technological improvements such as emergence of hybrid drying technologies. Continuous research on application of dried food in various end-use applications such as pharmaceuticals and healthcare will boost market demand. For example, dried plum is proven to be effective for bone protection in osteoporosis disease. Growing demand for instant natural fruit juices can boost demand for dried fruits and vegetables.
The major threat for global dried food market is contamination and adverse health effects of artificial preservatives such as sodium benzoate, Sodium Erythorbate Sodium Diacetate, Sodium Succinate. Consumers have now become more aware of the hazards of artificial preservatives. Changing dietary trends such as gluten-free food and growing demand for ready-to-eat food pose a major challenge to manufacturers. Although the growth of these products is still in the nascent stage, manufacturers can experiment with backward integration strategy. It implies food product manufacturers can collaborate with dried food manufacturers to introduce new products or changing recipes of the existing products in their portfolio to include dried food products.
Sun dried and hot air dried segment together accounted for highest share in global dried food market in 2016. Traditionally, Sun radiations were used to dry food products, followed by hot air technology. The cost-effective nature of sun radiation technology is expected to be responsible high market share over the forecast period. The high cost of freeze drying is expected to limit its application in the dried food market.
Dehydrated meat segment accounted for dominant share in the global dried food market in 2016, due to growing demand for canned and processed meat products. The development of retail channels in emerging economies and growing meat consumption globally is expected to boost demand for dried meat products.
Global Dried Food Market Outlook:
North America held highest share in terms of volume and value in global dried food market in 2016. Growing consumption of meat coupled with growing demand of processed food in this region is expected to maintain its dominance in global dried food market during forecast period.
Asia Pacific is expected to be the fastest growing regional market over the forecast period. Market growth is driven by growing demand in countries such as China, India and Japan. The easy availability of raw materials, coupled with changing dietary trends are expected to have a positive impact on market demand. Growing exports of dried fruits and vegetables to European countries will benefit the regional market growth.
Key players in Global Dried Food Market:
Major industry participants in global dried food market include Sunsweet Growers, General Mills Inc., Nissin Food Holdings Co. Ltd., Unilever Group, Ajinomoto Co. Inc., Ting Hsin International Group, House Foods Corp and Kraft Foods Inc., among 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.
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Tuesday, 4 June 2019

Animal Feed Additives Market Growth, Trends, Top Players & Future Outlook 2026

The Global Animal Feed Additive Marketwas valued at US$ 16.27 billion in 2016, according to a new report published by Coherent Market Insights. Feed additives are supplements added in feed of livestock to improve the nutritional level of the farm animals. It contains fatty acids, amino acids, minerals, and vitamins, which helps in the growth of the animals at a healthy rate. The animal feed additives market is largely regulated by various government bodies, which is expected to hinder market growth in near future. These regulation are incorporated to standardize meat products and to provide consumers safety towards diseases such as swine flu or bird flu etc. To control these diseases, antibiotics growth promoters are used in production of livestock.
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However, AGP was banned by European Union in 2006 and the U.S. government banned its usage by December, 2016. However, new innovation through technological advancement has developed products from plant extracts, phytogenics and amino acids. Asia Pacific dominated the global animal feed additive market during the last three years and is expected to retain its dominance in the market throughout the forecast period, due to increasing consumer knowledge about animal feed and prevention against diseases caused by meat consumption and growing meat industries. Antibiotics is projected to be the fastest growing product segment and expected to grow at a CAGR of 4.41% in terms of revenue during the forecast period. The growing livestock such as pork/swine, poultry, cattle, aquaculture and others is propelling the market for animal feed additives during the forecast period.
Asia Pacific is expected to be the most lucrative market during the forecast period, due to increase in grain demand for food production with low availability of land and water resources has resulted in the increase in meat industry which is expected to affect the animal feed additive in the global market. The animal feed additive market is expected to be highly driven by the antibiotics market which is expected to exhibit a CAGR of 4.41% in terms of revenue during 2017-2025 and is expected to retain the trend during the forecast period. Whereas, amino acid is the largest product segment, accounting for over USD 49.83 billion share of the global animal feed additive market in 2016 and is expected to remain dominated during the forecast period.
Key takeaways of the market:
Asia Pacific is projected to be the lucrative region in global animal feed additive market. It accounted for share of around 24.71% of the overall animal feed additive market revenue in 2016. The market in this region is expected to be primarily driven by increase in urban population, growing trend of multiple income source in families coupled with busy lifestyles, and health awareness is gaining traction for high quality protein which is extracted from meat, increase in consumption of aquatic and meat products.
The market in Europe is expected to register a significant growth rate over the forecast period. Increase in grain demand for food production with low availability of land and water resources has resulted in the increase in meat industry are expected to create lucrative growth opportunities for the players in this region.
Antibiotics is dominating the market for product segments in the global animal feed additive market during the projected period.
BASF SE, DuPont, DSM, Novozymes, Danisco, Evonik Industries AG, Addcon Group, Cargill Pvt. Ltd., Archer Daniels Midland Company (ADM), Adisseo Inc. France, Kemin Industries, Inc., Nutreco N.V. are few of the key players in global animal feed additive market.
There are various organic, and inorganic growth strategies which are being followed by the leading market players in the market. Technological advancement is leading to the key innovation in the new product launches. Companies are also investing in expansions, mergers & acquisitions, and joint ventures in the market.
About Coherent Market Insights:
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