Sunday, 18 March 2018

Krill Oil Market - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

The Global Krill Oil Market was valued at US$ 710.4 million in 2016, according to a new report published by Coherent Market Insights. Krill oil is a source of EPA and DHA and contains polyunsaturated fats, which are packaged as phospholipids and can be used immediately by the body. Krill oil also contains astaxanthin, a powerful antioxidant that protects the fragile fats from oxidizing and prevents cell damage. EPA/DHA consumption is gaining traction due to certain health benefits, which is expected to drive the growth of the krill oil market in the forecast period.  Furthermore, the economically-efficient production of krill oil, has led to its widespread application in supplements, food, and pharmaceutical sectors.
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Key Trends and Analysis of the Global Krill Oil Market:
    • Supplements and functional food application is the largest segment in the global krill oil market due to the rise in demand from fortified food packs and supplements. Owing to this, the increased demand for soft gels and capsules in the supplements market is expected to propel the growth of krill oil market over the following years, as a significant amount of krill oil is mixed with flavoring agents in the tablet.
    • Increase in number of pet owners globally is a major factor fueling growth of the animal feed application segment. Krill oil is widely used in pet food products. Around 65% of the U.S. households own pets.
    • High growth in pharmaceutical industries is paving the way for developing various kinds of krill oil enriched drugs to cure various cardiovascular diseases, inflammatory diseases, type 2 diabetes, speech disorders, hyperlipidemia with high triglycerides, and many more.
    • Omega-3 fatty acids play a vital role in the overall development of infants. It is not only beneficial in treating heart disorders, but are also helpful in developing brain and nervous system of the infant. Companies such as Nestlé and Similac own diversified product lines constituting EPA/DHA ingredients in infant formula and are highly investing in research to expand their existing portfolio.
Key Takeaways of the Market:
    • Large geriatric population in North America and Europe accounted for a rise in use of krill oil. According to Population Reference Bureau, Statistics Canada and EU, in 2016, the geriatric population reported in North America was 51 million and 94 million in Europe. The aforementioned factor is expected to propel the market growth in North America over the forecast period. The Europe market for krill oil is expected to expand at a CAGR of 13.44% during the forecast period. The market was valued at US$ 64.6 million in 2016. Also, increased awareness among public regarding health benefits of krill oil has resulted in an increasing demand in the region. According to WHO, in 2012, around 804,000 suicide cases were reported around the world. One of the main factors that trigger suicide is depression. Omega-3 rich foods such as krill oil and fish oil are prescribed for the treatment of depression.
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    • Aker BioMarine SA, Daeduck FRD Inc., Azantis Inc., and Enzymotec Ltd., among others are a few key players operating in the global krill oil market. There are various organic and inorganic growth strategies, which are being followed by the leading players in the market. For instance, to retain their market share globally, Aker BioMarine announced the acquisition of the krill oil roster and intellectual property of Neptune Technologies & Bioresources Inc. The deal was worth US$ 34 million and allowed the company to expand its market share and products in the global krill oil market.
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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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Thursday, 15 March 2018

Polydextrose market is expected to exhibit the fastest CAGR over the forecast period (2017 - 2025)

Global Polydextrose Protein Market Outlook 
The global polydextrose market is mainly dominated by the North American region, countries such as Canada and the U.S. accounted for a global share of 19.5% in the market, in 2015. Changing food habits and consciousness for health in countries such as India and China, are expected to shift the demand towards the Asia-Pacific region in the near future.
According to U.S. Food & Drug Administration (FDA) – Code of Federal Regulations Title 21 – part c - polydextrose may be used in goods manufacturing practices as a bulking agent, formulation aid, humectant, and texturizer in all foods, except meat and poultry, baby food, and infant formula, which is intended to increase the safety of food as well as increase the demand for food containing polydextrose.
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According to a survey conducted by Tate & Lyle - 55% of global consumers are trying to avoid sugars and 52% are seeking to add more fiber to their diet. The demand for dietary food and beverages in Europe, is met by polydextrose, which in turn increases the demand for polydextrose in the European market.The key participants in the polydextrose market are Tate & Lyle, Danisco A/S, Medallion Labs, Baolingbao Biology, MengzhouTailijie, Vitahealth, CJ CheilJedang, Shandong Minqiang Biotechnology Co. Ltd., Samyang Genex, and Cargill Inc.
The growing health concerns among the populace has boosted the demand for polydextrose consumption, thus propelling growth of the polydextrose market. Diabetic foods and sugar free products are often produced by polydextrose due to its property of low sugar content. Health consciousness is the key factor expecting to drive market growth over the forecast period. Polydextrose health benefits such as rich fibers, low glycemic index, and low carb quantity to medical foods and nutritional products. Polydextrose is thus expected to witness an increasing demand through food and healthcare services, in the near future.
Polydextrose possess low content of sugar, calories, and cholesterol, thus used as a diabetic food additive to help in the reduction of blood fats and blood sugar. The increasing level of lifestyle coupled with high disposable income among the populace has resulted in an increased prevalence of type 2 diabetes, this in turn, is increasing the demand for polydextrose, boosting the market growth.
Polydextrose Market Taxonomy
On the basis of application,
    • Nutritional bars
    • Cultured dairy
    • Beverages
    • Bakery & confectionary
    • Health products
On the basis of product type,
    • Powder Products
      • Bakery & Confectionary
      • Functional Food Products
        • Oats
        • Omega-3 enriched eggs
        • Fatty fish
        • Probiotics
        • Grape Juice or Red Wine
        • Leafy Greens (Spinach, kale, collard greens, broccoli rabe, broccoli sprouts, and other leafy greens)
      • Nutritional Food
    • Liquid Products
      • Cultured Dairy
      • Medical Syrups
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Lactoferrin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Global Lactoferrin Market Outlook
In terms of revenue, Asia Pacific region dominated the global lactoferrin market in 2016 and is expected to continue its dominance throughout the forecast period. In Asia Pacific, China and India, collectively, contribute significantly in lactoferrin market followed by Japan due to the high birth rate in these regions. European Food and Safety Authority (EFSA) has approved dietary food supplements based on lactoferrin as a consumable dietary food supplement, infant formula, and sports nutrition. Owing to this factor, Europe lactoferrin market is expected to witness significant growth during the forecast period. Increasing demand for sport and energy drinks in the U.S. is one of the main factors that will fuel the demand for lactoferrin health drinks across North America region.
Apart from the aforementioned benefits, lactoferrin acts as an antibacterial, antifungal, antiviral, and anticarcinogenic. Lactoferrin is widely used in the treatment of heart diseases, Alzheimer’s, and for maintaining healthy bones. Though lactoferrin is lesser known as a food supplement, it is popular among runners, cyclists, and triathletes. Demand for lactoferrin supplement is expected to grow globally during the forecast period due to its rising application mainly in the above said areas. Increasing incidences of health disorders, growing consumer awareness on maintaining a healthy lifestyle, government support, improved technology, and continuous research based on lactoferrin are the main key drivers expected to expand its market globally during the forecast period.
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Iron absorption and nutrition segments are expected to contribute high shares in terms of volume and value, during the forecast period (2017-2025), followed by antibacterial and antioxidant segments. This is primarily due to increasing incidences of iron deficiency diseases and growing demand for functional nutrition food supplements.
Infant formula segment dominates in terms of volume followed by food & beverages and others. Due to iron binding, antifungal, and antibacterial properties, lactoferrin is extensively used in infant formula, which is expected to maintain the dominance of the segment during the forecast period (2017-2025) as well. Lactoferrin, being an effective antioxidant and anticarcinogenic, attracts manufacturers to invest more in the pharmaceutical sector, thereby elevating the share generated by pharmaceutical segment in the global market.
Key Players in Global Lactoferrin Market
Some of the key players in the global lactoferrin market are Fonterra Co-Operative Group Ltd., Glanbia Nutritionals, Synlait Milk Ltd., Vitalus Nutrition Inc., Metagenics, Inc., Ingredia SA, Agennix Inc., Morinaga Milk Industry Co. Ltd., Taradon Laboratory S.P.R.L, and Ventria Bioscience Inc. among others.
Global Lactoferrin Market Taxonomy
On the basis of function, global Lactoferrin market is segmented into:
    Iron absorption
    Nutrition
    Antibacterial
    Antioxidant
    Antifungal
On the basis of application, global Lactoferrin market is segmented into:
    Infant formula
    Food & Beverages
    Pharmaceuticals
    Personal care
    Animal feed
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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Industrial Labels Market Industry Insights, Trends, and Forecast 2025

Industrial Labels Market Outlook
    • Asia Pacific is the fastest growing market. Rise in transportation and automotive sectors has driven the market growth. Increased consumption in India and China due to rising populations has led to increasing demand for goods, which in turn has boosted the industrial labels market. The advent of online shopping has resulted into vast increase in both cross border and domestic trade. India is slated to have 175 million online shoppers by 2020, which is a result of price wars between e-commerce giants Flipkart, Amazon, and others.
    • North America and Europe posted strong sales in automobile sector which resulted in burgeoning growth in the industrial labels market. An estimated 17.55 million vehicles were sold in the US in 2016, with pickups and SUV’s the favored vehicles, due to low gasoline prices. This trend is expected to reverse as governments impose tough emission legislation. Three major automakers Ford, G.M, and Chrysler are the largest consumers of industrial labels.
    • Latin American industrial label market is projected to grow due to flourishing transportation and automobile industries. Increased consumption and shift to personal transportation are a result of higher disposable income. Brazil, Argentina, and Mexico are major markets in the forecast period.
    • Middle East and Africa smallest markets for transportation and automobile. Many African countries are largely un-motorized. GCC is showing burgeoning growth in luxury automobile and e-commerce segment which has increased trade with Asia Pacific region.
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The launching of Middle East’s largest e-commerce website “noon.com” in January, 2017 has boosted the industrial labels market in the region. The site has an inventory of 20 million products and is partly funded by Saudi Arabia’s Public Investment Fund and other private GCC investors.
Key players operating industrial labels market include HP Inc., Cannon Inc., Xerox Corporation, Cenveo, Inc., CL Industries, Inc., H.B. Fuller Co., Cenveo, Inc., Dunmore Corporation, 3M Company, Brady Corporation, Avery Dennison Corporation, DuPont, and Henkel Ag & Company.
Brand label displays the brand and/or company, which manufactured the product. Grade label indicates quality of product (e.g. A, B, C). Descriptive label provides information regarding use of product and informative label indicates any additional information (i.e. date of manufacture & expiry, intermediary).
Security labels are the largest segment and are used to indicate any tampering of product. Also, based on material, plastic is the most used segment across all end user industries. Among identification techniques, Radio frequency identification (RFID) tags allow real-time location tracking across the supply chain. The barcode system is being replaced by RFID.
Transportation and automotive are the largest end user industries. Online shopping and mass movement of goods through various locations has boosted the industry.
Industrial Labels Market Taxonomy
On basis of type of label, the industrial labels market is segmented into:
    • Brand
    • Grade
    • Descriptive
    • Informative
On basis of Application, the industrial labels market is segmented into:
    • Security
    • Equipment Asset
    • Weatherproof
    • Branding
    • Others
On basis of Material, the industrial labels market is segmented into:
    • Plastic
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polycarbonate (PC)
    • Polyurethane (PU)
    • Others
    • Cloth or Fabric
    • Metal
    • Paper
    • Rubber
    • Bio stone
    • Others
On basis of Mechanism, the industrial labels market is segmented into:
    • Pressure Sensitive
    • Glue Applied
    • Heat Transfer
    • In-Mold
    • Others
On basis of Identification Technique, the industrial labels market is segmented into:
    • Radio Frequency Identification (RFID)
    • Barcode
    • Magnetic Stripes
    • Optical Character Recognition (OCR)
    • Others
On basis of Printing Technology, the industrial labels market is segmented into:
    • Flexography
    • Offset
    • Digital Printing
    • Screen Printing
    • Others
On basis of End User, the industrial labels market is segmented into:
    • Transportation
    • Automotive
    • Consumer Goods
    • Construction
    • Others
About Coherent Market Insights:
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Wednesday, 14 March 2018

Tomato Seeds Market- Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Tomato is cultivated in temperate climates and greenhouses. They are used in various cuisines and have significant demand from the food industry. Increasing demand for various hybrid seeds due to its advantages such as fruit firmness, early maturity, high yield, and flavor is propelling the growth of tomato seeds market. Development of new varieties such as grape tomatoes are also fueling the growth of this market. Also, increasing awareness regarding health benefits of tomatoes such as reduction in risk of cardiovascular diseases, cancer, diabetes, and others has augmented the demand for tomatoes, which in turn is propelling the growth of tomato seeds market. Furthermore, increasing demand for tomatoes by the food processing industry for the production of paste, juice, sauce, ketchup, and others is driving the growth of tomato seeds market. However, perishable nature of tomato seeds and high initial investments are some of the barriers for tomato seeds market.
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Tomato Seeds -Market Taxonomy:
On the basis of product type, tomato seeds market is segmented into:
    • Hybrid Tomato Seeds
    • Open Pollinated Tomato Seeds
    • Heirloom Tomato Seeds
On the basis of farming, tomato seeds market is segmented into:
    • Farmland
    • Greenhouses
    • Others
Different hybrid, open pollinated, and heirloom tomato seeds are available for different varieties of tomatoes such as cherry tomato, roma tomatoes, beefsteak tomatoes and others.
Tomato Seeds -Market Outlook
    • North America region is the largest tomato seeds market due to the lucrative demand for tomatoes from the fresh and processed food industry. According to the Vegetables and Pulses Yearbook, 2017, U.S. Department of Agriculture (U.S.DA), total production of tomatoes in the U.S. was 3,129.4 million pounds in 2016. The per capita utilization of tomatoes for processing was 56 pounds per person in 2015, which increased to 61.2 in 2016. Also, per capita utilization of fresh tomatoes was 20.5 pounds per person in 2015, which increased to 21.3 pounds per person in 2016. Furthermore, the U.S. has significant demand for canned tomatoes, which in turn is driving the growth of tomato seeds market. For instance, per capita use of tomatoes for canning in 2015 was 56.3 pounds, which increased to 61.2 pounds.
    • Asia Pacific is the fastest growing region in tomato seeds market with China being the largest producer of tomatoes, followed by India. Tomatoes have significant demand from the food processing industry in this region. According to the report published by Deutsche Gesellschaft Für Internationale Zusammenarbeit GMBH (GIZ) in 2016, demand for the tomato processed food in India is annually increasing by 30, owing to increasing demand for ketchup, pasta sauce, ready-to-eat products, gravies and bulk supplies to fast food restaurants, hotel chains, and retail food chain. According to the survey conducted by the Associated Chambers of Commerce of India in June 2016, the demand for tomato puree and ketchup has surged by 40% due to surging prices of fresh tomato and trend towards easy-to-cook meals. This growth in tomato processing industry is driving the growth of tomato seeds market.
    • Demand for tomato seeds is significantly increasing in Europe due to increasing demand for tomatoes by food industry. According to European Commission, approximately 17.9 million tons of tomatoes were produced in European Union in 2016. Italy and Spain were the major contributors and produced two third of the total tomato production in EU.
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The companies operating in the tomato seeds market are adopting various growth strategies such as new product development, merger and acquisition, and partnerships for business expansion. For instances, in 2017, Monsanto Company launched Seminis tomato hybrid seeds. In 2016, Advanta Limited announced partnership with A&M AgriLife Research for the development of seed technology for cash crops such as tomato.
Key players operating in the tomato seeds market include Monsanto Company, Bayer AG, Syngenta AG, Takii & Co. Ltd., Group Limagrain, Advanta Limited, Rijk Zwaan Zaadteelt en Zaadhandel B.V., VoloAgri Group, Sakata Seed Corporation, and Mahindra Agri Solution Limited.
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Forging Market, By Type and Raw Material- Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2017-2025

Forging refers to a process of shaping the material by applying compressive force manually; by forging machines or with the use of power hammers. Forging process can be carried out on materials in either cold or hot state. These forged parts include bolts, connecting rods, turbine shafts, crane hooks, hand tools, gears, and other components used in machine manufacturing. These products offer toughness, strength, stress, and are reliable end-use industry such as automotive, mining, and aerospace and various other applications.
Forging activities find diverse use in many industries mainly in automotive, aerospace, and oil and gas industries which in turn boosting the forging market and is also anticipated to drive this market over the forecast period.
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Global Forging Market Taxonomy
On the basis of type, the global forging market is segmented as:
    • Open Die Forging
    • Closed Die Forging
    • Seamless Forging
    • Roll Forging
    • Upset Forging
    • Precision Die Forging
    • Rotary Forging
    • Others
On the basis of end-use industry, the global forging market is segmented as:
    • Automotive
    • Mining
    • Construction
    • Aerospace and Defense
    • Agriculture
    • Power
    • Oil & Gas
    • Others
On the basis of order, the global forging market is segmented as:
    • Custom Forging
    • Catalogue Forging
    • Others
On the basis of raw material, the global forging market is segmented as:
    • Aluminum
    • Magnesium
    • Stainless Steel
    • Titanium
    • Beryllium
    • Brass
    • Copper
    • Bronze
    • Zirconium
    • Others
The closed die forging segment (impression die forging) is the dominant segment in the global forging market and is anticipated have a continuous growth over the forecast period. This is due to its high dimensional accuracy and fine surface finishing. The aerospace and automotive industry are the biggest end users of the closed die forging method.
The automotive segment is accounted to have the largest share in the global forging market. Low fuel rates and interest rates are the key factors driving the growth of automotive industry of the forging market. Similarly, custom forging is witnessed as the dominant segment amongst the order types owing to its immense use in submarines, refineries, space crafts, missiles, pressure vessels, offshore rigs, scientist research equipment, and some others.
Global Forging Market Outlook
    Asia Pacific is projected to be the dominant region in the global forging market having the largest market share in the world followed by North America. Development in infrastructure, advancement in automotive and construction industries in the emerging economies and recognition of the emerging country such as India as the manufacturing hub is propelling the growth of forging market in this region. Moreover, the burgeoning outsourcing of forging activity backed by government initiatives have contributed to the growth of forging market in this region. China, is the key producer of forging products in this region.
    North America has witnessed a burgeoning growth in the global forging market. One of the main reasons behind the growth is due to the increasing demand for rolled ring forging which is ruling the aerospace industry of this region. According to the Forging Industry Association, forging appears in the 20% of products which represents the GDP of U.S.
    Europe is anticipated to witness a significant growth in the global forging market. According to an article published by Euroforge, Germany is one of the major players in this industry accounting for 48% of the forging production. Tata Steel and ThyssenKrupp AG agreed to merge their steel operations to emerge as the continent’s number 2 steelmaker. Environmental and government regulations have given significant pace to global forging market in this region.
Key Players in the Global Forging Market
Key players operating in the global forging market include Bharat Forge Limited., Alcoa, Precision Castparts, ATI Ladish Forging, HHI forging, American Axle & Manufacturing Holdings, Ellwood Group, FRISA, and Scot Forge.
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Tuesday, 13 March 2018

Plastic Additives Market Industry Insights and Forecast 2025

Plastic additives are also used to improve the ease of processing of plastic, by increasing its flow ability. Internal lubricants help to improve the melt flow of material by dropping the heat dissipation and viscosity. Plastic additives prevent the risk of microbiological deterioration of plastic materials that are prone to staining, odor, discoloration, and aesthetic loss. Plastic additives are most importantly effective on materials with electrical insulating properties and mechanical properties.
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Plastics additives are chemicals that are used to polymerize, process or help achieve desired properties in end use of plastics. Plastic additives used in the plastic industry are most often chemical compounds, except for monomer, polymer, co-polymer or physical mixture of two polymeric components. Plastic additives offer various characteristics such as improved resistance to chemicals, water, and scratches reduced coefficient of friction, enhancement of gloss, improved water repellency, suppression of shark-skin, and lowered surface roughness.
Plastic Additives Market Taxonomy
On the basis of product type, the global market is classified into:
    • Impact Modifiers
    • Antioxidants
    • Antimicrobials
    • Plasticizers
    • Flame Retardants
    • UV Stabilizers
On the basis of function, the global market is classified into:
    • Property Modifiers
    • Property Extenders
    • Property Stabilizers
    • Processing Aids
On the basis of application, the global market is classified into:
    • Packaging
    • Automobile
    • Construction
    • Consumer goods
Plastic additives are widely used in automobile and construction industries, owing to properties such as improved strength of impact, improved coupling, higher elongation, reduced brittleness and higher plasticity. In the automotive industry, these additives have gained increased acceptance in applications such as interior scratch resistance in trims or panels for interior scratch resistance, and in high glossy panels for the decoration of middle consoles. Plastic additives are extensively being used in the consumer goods industry due to the easy process involved in recycling it. In the construction industry plastic additives are used to maintain appearance and properties, thermal protection, long-term durability, and for maintenance of integrity of polymer properties during processing. Plastic additives also extend the lifetime of UV sensitive construction applications.
Plastic Additives Market Outlook – Increasing Demand for Recyclable Materials to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in various end-use industries such as automotive and construction, especially in developing countries such as China and India. According to IBEF, US$ 300 billion is projected to be generated by the Indian automotive industry by 2026. 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 aim to promote and create international awareness of goods manufactured in India. On the other hand, Europe also provides lucrative opportunities for plastic additives manufacturers due to increasing use of plastic material in automobile, consumer goods, and construction industries among others.
Reusable applications of plastic additives are fueling the demand for plastic additives, especially in the Asia Pacific and Middle East regions. Stringent rules and regulations on the use of plastic products is expected to be one of the restraining factors for growth of the plastic additives market over the forecast period. The U.S. Food and Drug Administration (FDA) has implied safety concerns with the use of recycled plastic materials in food-contact for contaminants occurring from the post-consumer material in the final food-contact product made from the recycled material. Developing plastic additives adhering to environmental concerns is a key strategy adopted by the major players. Some of the major companies operating in the global plastic additives market include BASF SE, Songwon Industrial Co. Ltd., Clariant AG, Albemarle Corporation, and The Dow Chemical Company.
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