Soy Protein Ingredients: A Deep Dive into Market Trends and Forecast

The global soy protein ingredients market is estimated to be valued at USD 7.7 billion in 2022. It is projected to reach USD 10.8 billion by 2027, recording a CAGR of 7.0% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global soy protein ingredients market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumer awareness, health consciousness, demand for soy-based meat alternatives, changing lifestyles, and consumption patterns drive the demand in the soy protein ingredients market.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=857

Soy Protein Ingredients Market Trends

Increasing Demand for Plant-Based Proteins: With the rising awareness of health and sustainability, there’s been a surge in demand for plant-based protein sources, including soy protein. Consumers are seeking alternatives to animal-derived proteins, driving the growth of the soy protein ingredients market.
Expanding Vegan and Vegetarian Population: The growing number of people adopting vegan and vegetarian diets is a significant factor fueling the demand for soy protein ingredients. Soy protein serves as a versatile and nutritious option for individuals looking to avoid animal products while meeting their protein needs.
Health and Wellness Focus: Soy protein is recognized for its health benefits, including its ability to support heart health, muscle building, and weight management. As consumers become increasingly health-conscious, they are incorporating soy protein into their diets to achieve their wellness goals.
Product Innovation and Diversification: Manufacturers are continuously innovating to meet the evolving consumer preferences and dietary requirements. This includes the development of new soy protein-based products such as plant-based meat alternatives, dairy alternatives, snacks, and beverages, catering to various taste preferences and dietary restrictions.

Soy Protein Ingredients Market Share

ADM (US)
Wilmar International Ltd (Singapore)
Cargill, Incorporated (US)
International Flavors & Fragrances Inc. (US)
CHS Inc. (US)
BRF Global (Brazil)
Fuji Oil Holdings Inc. (Japan)
Devansoy (US)

Exploring the Divide: Food vs. Feed Segments

The soy protein ingredients market is a bustling arena, where the demand for soy-based products for human consumption takes center stage. However, amidst this fervent activity, a noticeable distinction emerges: the disparity between the food and feed segments. While soy-based food products enjoy widespread commercialization and consumer favoritism across applications like bakery & confectionery, meat alternatives, dairy alternatives, and infant nutrition, the feed segment lingers in a relatively nascent state. The animal end-user market is only just beginning to recognize the significance of soy-protein ingredient-based feed, gradually stirring interest among market players. As awareness in the animal feed segment escalates, so does the demand, prompting manufacturers to adapt and cater to this evolving market landscape.

The Rise of Soy Flour: Forecasting Growth

Among the various types of soy protein ingredients, soy flour emerges as a standout player poised for significant growth during the forecast period. With a projected Compound Annual Growth Rate (CAGR) of 5.1%, soy flour showcases remarkable potential fueled by its versatility and nutritional profile. Used extensively in dairy alternatives, meat substitutes, and baked goods, soy flour comes in various forms, retaining the soybean’s natural oil content or as de-fatted flour extracted through solvent extraction. Its application in bakery products, particularly bread and cakes, is noteworthy, owing to its high protein content, especially compared to other plant proteins. The gluten-free trend further amplifies its appeal, as consumers seek alternatives to traditional wheat-based products. The surge in demand for gluten-free foods and drinks, as reported by Mintel in November 2021, underscores the burgeoning market for soy flour, poised to thrive in the forecast period.

Inquiry before buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=857

Going Green: The Organic Surge

In the realm of soy protein ingredients, the organic segment emerges as the frontrunner in growth during the forecast period. Fueled by a global spike in the sales of organic food products over the past two decades, consumers increasingly prioritize health benefits over price considerations. This consumer shift towards organic food products extends to soy-based offerings, prompting market players to pivot towards organic sourcing. Consequently, organic certifications gain prominence in the soy protein ingredients market, reflecting the exponential surge in consumer demand for organically sourced soy protein ingredients, propelling the market forward.

The Growing Demand for Food Emulsifiers Market: Trends and Insights

The global food emulsifiers market size is estimated to be valued at USD 3.6 billion in 2023. It is projected to reach USD 4.6 billion by 2028, recording a CAGR of 4.9% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global food emulsifiers market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumption of convenience foods and bakery products, changing lifestyles, and consumption patterns drive the demand in the food emulsifiers market.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=972

Food Emulsifiers Market Growth Drivers

The food emulsifiers market growth in recent years, driven by several key factors:

Demand for Processed Foods: With the rising demand for convenience foods and ready-to-eat meals, there’s a corresponding need for emulsifiers to stabilize these products, extend shelf life, and maintain quality.
Functional Properties: Emulsifiers play a crucial role in improving the texture, consistency, and mouthfeel of various food products. Their ability to create stable emulsions and prevent ingredient separation is highly valued by food manufacturers.
Health and Wellness Trends: As consumers become more health-conscious, there’s a growing demand for clean label ingredients and healthier food options. Emulsifiers that are perceived as natural or clean label, such as lecithin or plant-based emulsifiers, are gaining popularity.
Technological Advancements: Ongoing research and development efforts are leading to the introduction of innovative emulsifiers with enhanced functionality and improved performance. These advancements are driving market growth by addressing specific needs in various food applications.

North America is estimated to dominate the food emulsifiers market in 2028

The food emulsifier market is expected to be dominated by North America in the coming years due to several reasons. The region’s high demand for processed and convenience foods, which rely on food emulsifiers to stabilize mixtures of oil and water, is a significant contributing factor. Furthermore, the presence of major food emulsifier manufacturers in the region such as ADM (US) and Ingredion (US), and the increasing investments in food additives are expected to further drive the market growth. As a result, North America is expected to maintain its leading position in the food emulsifier market in the foreseeable future.

Food Emulsifiers Market Trends

The food emulsifiers market is expected to see continued growth in the coming years, driven by a few key trends:

Expanding Bakery and Dairy Applications: Emulsifiers are crucial ingredients in bakery and dairy products, helping create desirable textures and mouthfeels. The growing popularity of bakery items like cakes, pastries, and breads, along with innovative dairy applications, will further propel the emulsifier market.
Regulation and Safety Concerns: Regulatory bodies are increasingly scrutinizing the use of additives in food. The demand for safe and ethically sourced emulsifiers will be paramount for market players.
Focus on Functionality and Clean Labels: Consumers are becoming more interested in functional foods that offer health benefits alongside taste. Natural and clean-label emulsifiers derived from plant sources like soy lecithin are gaining traction in this space.

Request Sample Pages of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=972

Key Market Players

The key players in this market include ADM (US), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Kerry Group plc. (Ireland) and Corbion (Netherlands).

Industrial Hemp Market to Hit $18.1 billion by 2027 | America Inc, Cronos Group Inc, Ecofibre Limited, GenCanna etc.

The industrial hemp market is witnessing unprecedented growth, propelled by various factors such as increased usage in food and beverage products, rising demand for construction materials, and the surge in plant-based protein preferences. This post delves into the dynamics driving the market, innovative applications, regional trends, and key players shaping its landscape.

What is the current valuation and projected growth of the global industrial hemp market?

The global industrial hemp market was valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, exhibiting a remarkable CAGR of 21.6% in terms of value. This exponential growth is attributed to the expanding utilization of hemp in diverse sectors such as food, construction, textiles, and beverages.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84188417

Who are the major manufacturers of industrial hemp market?

America Inc. (US)
Cronos Group Inc. (Canada)
Ecofibre Limited (Australia)
Green Thumb Industries (US)
Curaleaf Holdings Inc. (US)
GenCanna (US)
HempFlax BV (Netherlands)
Konoplex Group (Russia)
Hemp Oil Canada (Canada)
BAFA (Germany)
Dun Agro Hemp Group (Netherlands)
Colorado Hemp Works (US)
Canah International (Romania)

What factors are driving the market growth for industrial hemp?

One of the primary drivers of market growth is the increased usage of hemp seeds in food and beverage products. Hemp seeds are incorporated into various items such as cereals, yogurts, protein powders, and hemp milk due to their nutritional benefits and versatility. Additionally, the rising demand for construction materials made from hemp hurds, which offer superior properties such as thermal insulation and durability, further boosts market expansion.

How is hemp hurd contributing to the growth of the industrial hemp market?

Hemp hurd, comprising approximately 70%-80% of the hemp stalk, plays a pivotal role in market expansion. It serves as a sustainable raw material for manufacturing construction materials, textiles, bedding, absorbents, and more. The exceptional properties of hemp hurd, including thermal, mechanical, acoustic, and aseptic attributes, make it an ideal choice for various applications such as hempcrete production, furniture manufacturing, and automotive components.

What is driving the increased demand for hemp seeds in the market?

The burgeoning preference for plant-based protein, coupled with the rise in the vegan population, is driving the demand for hemp seeds. These seeds are rich in protein and essential nutrients, making them a preferred choice for consumers seeking alternatives to animal-derived products. Furthermore, the popularity of hemp-based beverages, infused with antioxidants and cannabidiol (CBD), contributes to the overall growth of the hemp seed segment.

Inquiry before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=84188417

Which regions are witnessing the fastest growth in the industrial hemp market?

Europe emerges as the frontrunner in terms of market growth, driven by the widespread adoption of hemp seed and hemp fiber in various industries. Countries like Germany and the Netherlands exhibit particularly high demand for hemp-derived products, including food, beverages, textiles, and construction materials. The use of hemp in automotive and construction sectors for thermal insulation and soundproofing further accelerates market growth in the region.

Probiotics for a Healthier You: Food and Cosmetic Applications

The term Probiotics Food & Cosmetics refers to a growing market sector that encompasses products containing probiotics – live microorganisms that offer health benefits when consumed or applied.

Probiotic Food & Beverages:

These include various food and beverage items that are enriched with live probiotics. Examples include yogurt, fermented dairy products (like kefir and kombucha), sauerkraut, kimchi, and certain types of pickles. Probiotics in food are believed to support digestive health, boost the immune system, and may even aid in weight management.

Probiotic Cosmetics:

This category encompasses skincare and cosmetic products that incorporate probiotics. Probiotics in cosmetics are thought to promote skin health and balance the skin microbiome, which is the community of microorganisms that live on the skin’s surface. Probiotic-infused creams, lotions, cleansers, and other skincare products are becoming increasingly popular.

Connect with Our Expert for to Discuss Business Need: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=22485898

There are a couple of key factors fueling the rapid rise of both Probiotics Food and Probiotics Cosmetics industries:

Growing Awareness of Probiotics’ Benefits: Consumers are becoming increasingly informed about the role of gut health in overall well-being. This has led to a greater interest in probiotics, which are seen to improve digestion, boost the immune system, and potentially even aid in weight management. Similarly, there’s growing recognition of the skin microbiome’s importance for healthy skin, and probiotics in cosmetics are seen to maintain a balanced skin environment.
Demand for Natural & Preventive Healthcare Solutions: People are looking for more natural and preventive approaches to healthcare. Probiotics fit this trend well, as they are live bacteria that occur naturally in the body and can be obtained through food and dietary supplements. Probiotic cosmetics are also viewed as a natural way to achieve healthy skin.
Rise in Chronic Conditions: The prevalence of chronic conditions like obesity, high blood pressure, and certain skin conditions is on the rise. Probiotics are being explored for their potential role in managing these conditions, which is driving interest and investment in the probiotics market.
Innovation in Probiotic Products: The market is constantly evolving with new and innovative probiotic products being launched. Food manufacturers are incorporating probiotics into a wider variety of food and beverages, making them more appealing to a broader consumer base. The cosmetics industry is also developing new and improved probiotic-based skincare products with targeted benefits.
Increased Disposable Income: As disposable incomes rise in some parts of the world, consumers are willing to spend more on premium and functional foods and cosmetics. Probiotic products often fall into this category, further fueling market growth.

The Asia Pacific region currently holds the top spot for the Probiotics Food & Cosmetics market, boasting the largest market share. Here’s why it’s thriving in this region:

Historical Familiarity with Probiotics: Traditionally, many cultures in Asia Pacific have consumed fermented foods rich in probiotics, like kimchi and kombucha. This existing awareness creates a receptive consumer base for new probiotic products.
Rising Disposable Income & Health Focus: As disposable incomes increase, people in this region are prioritizing health and wellness. Probiotics align with this trend, offering potential benefits for gut and skin health.
Growing Population: The large and growing population in Asia Pacific creates a vast market for probiotic products.

However, the fastest growth for the Probiotics Food & Cosmetics industries is expected to be in the Asia Pacific region itself. This is due to the factors mentioned above, along with:

Increasing urbanization and busy lifestyles: Consumers are turning to convenient and healthy options like probiotic-fortified foods and beverages.
Growing internet penetration and social media influence: These factors raise awareness about probiotics and influence purchasing decisions.

While Asia Pacific dominates currently, other regions like North America and Europe also have established markets for Probiotics Food & Cosmetics and are expected to see continued growth.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22485898

The Rise of Frozen Bakery Products: A Global Market Perspective

The global frozen bakery products market is on the rise, expected to reach USD 29.5 billion by 2026 from USD 22.3 billion in 2021. Europe currently holds the largest share due to its large and established food processing industry. This strong foundation has fueled growth in the European baking industry, with frozen bakery products a key contributor.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=789

Cakes and pastries are the star performers, projected to be the fastest-growing segment. Consumers are increasingly drawn to convenient, ready-to-eat options, and single-serving frozen pastries perfectly fit the bill. Innovation is another driver, with bakeries launching new and exciting pastry products to meet this demand for premium, high-quality options.

When it comes to buying frozen baked goods, conventional stores reign supreme. Grocery stores, mass merchandisers, and even online retailers are the go-to destinations for these products. Easy accessibility and established shopping habits keep these stores at the forefront of the market.

For consumption types, ready-to-bake takes the top spot. These partially baked frozen products offer the best of both worlds: convenience and perceived freshness. Consumers feel they’re getting a bakery-quality product without the long prep time, making them more appealing than pre-baked options with a longer shelf life.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=789

The Asia Pacific region is poised for explosive growth, with the highest projected CAGR. Here, the younger generation’s preference for convenience food and rising disposable incomes are fueling the market.

Major players like Associated British Foods and General Mills are leading the charge, with mergers and acquisitions a key strategy. Investments are also being made in expanding production plants, particularly in emerging markets like China and India, to meet the growing demand.

Europe Leads the Charge: Industrial Hemp Market Sees Fastest Growth in EU

The industrial hemp market is on a steady rise, expected to reach a value of USD 18.1 billion by 2027. This significant growth is fueled by a surge in demand for eco-friendly products and a growing awareness of the health benefits associated with hemp.

Hemp Seeds: A Superfood Powerhouse

One of the key drivers of this market is the increasing usage of hemp seeds in various food and beverage products. Hemp seeds are packed with protein and antioxidants, making them a popular choice for health-conscious consumers. You can find them in everything from cereals and yogurts to protein powders and even hemp milk.

Request Sample Pages of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=84188417

Hemp Hurds: From Waste to Wonder Material

Another exciting aspect of the industrial hemp market is the growing demand for hemp hurds. These short fibers, found in the hemp stalk, are being transformed into a variety of useful products. Hemp hurds boast excellent thermal and acoustic properties, making them ideal for construction materials like hempcrete. Additionally, they are used in animal bedding, furniture, and even car parts.

Plant-Based Protein Power: Hemp to the Rescue

The rise of veganism is another factor propelling the industrial hemp market forward. Hemp seeds offer a valuable source of plant-based protein, catering to the growing vegan population.

Hemp Beverages: A Refreshing Trend

The popularity of plant-based beverages has opened doors for hemp-infused drinks. From hemp juice and flavored water to hemp coffee and tea, these beverages are gaining traction due to their perceived health benefits and unique taste.

Hemp in Construction: Building a Sustainable Future

The industrial hemp market is also witnessing a rise in the use of hemp for construction materials. Hemp fibers, known for their strength and durability, are being used as a substitute for wood in building insulation panels and planks. Hemp bricks are another innovation, offering superior insulation and soundproofing properties compared to traditional bricks. Additionally, hemp is a renewable resource, making it an environmentally friendly choice for the construction industry.

Europe Leads the Charge

The European market is currently experiencing the fastest growth in the industrial hemp sector. This can be attributed to the widespread adoption of hemp seeds and hemp seed oil in food products, dietary supplements, and personal care items. Additionally, the use of hemp fibers in automobiles and construction materials is further propelling the European market.

Inquiry before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=84188417

Key Players in the Industrial Hemp Market

Several companies are at the forefront of this growing market, including Marijuana Company of America, Cronos Group, Ecofibre Limited, and Green Thumb Industries. These players are actively involved in developing and promoting innovative hemp-based products across various industries.

The industrial hemp market presents a promising future driven by sustainability, health consciousness, and innovative product development. As the market continues to evolve, we can expect to see even more exciting applications for this versatile and beneficial plant.

Unlocking the Potential: Exploring the Growth Trajectory of the Taste Modulators Market

The taste modulators market is on a trajectory of significant growth, poised to reach USD 2.0 billion by 2028 from USD 1.4 billion in 2023, reflecting a remarkable Compound Annual Growth Rate (CAGR) of 7.4%. This expansion is driven by a multitude of factors, primarily the escalating health consciousness among consumers. With a collective aim to address health concerns such as obesity and diabetes, the demand for healthier alternatives has surged. Taste modulators, by reducing sugar, salt, and fat content while enhancing flavors, have emerged as pivotal solutions in catering to these evolving preferences.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=169998886

Culinary Exploration and Technological Advancements: Catalysts of Growth

One of the driving forces behind the expanding taste modulator market is the global exploration of culinary delights coupled with advancements in technology. As consumers increasingly seek diverse and adventurous culinary experiences, the food industry is compelled to innovate. Continuous advancements in taste modulation technologies facilitate product innovation, thereby widening the spectrum of applications across various food and beverage categories. This evolution aligns seamlessly with the rising preference for healthier choices, thus paving the way for a future characterized by versatile, health-conscious, and captivating culinary offerings.

Asia Pacific Emergence: A Hub of Innovation

The Asia Pacific region is witnessing a significant upswing in the taste modulators market, propelled by the region’s robust food and beverage industry evolution. Countries like India and China, with their rich culinary heritage, are at the forefront of this transformation. Leveraging taste modulators, these nations are aligning traditional cuisines with contemporary health-conscious trends. This convergence not only fuels local markets but also establishes the Asia Pacific region as a focal point for taste modulator innovations, reflecting a harmonious blend of tradition and innovation in the evolving food landscape.

Sweet Modulators: Meeting Health-Conscious Demands

Within the taste modulators landscape, the surge in sugar substitutes is particularly noteworthy. Driven by health-conscious consumers and industry innovation, sweet modulators have gained prominence. These substitutes serve as key enablers for the development of low-calorie and reduced-sugar products while maintaining an optimal taste profile. Industry leaders like Cargill Incorporated are strategically innovating with sweet modulator solutions, exemplifying the sector’s dedication to offering natural and clean-label alternatives. Such initiatives underscore the dominance of sweet modulators in the taste modulators market and their pivotal role in driving innovation towards healthier and flavorful choices.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=169998886

North America: Leading the Way

Throughout the study period, North America has emerged as the dominant force in the taste modulators market. Key players strategically align with dynamic trends in the region, emphasizing clean-label and plant-based products. Advanced taste modulation technologies respond effectively to the rising consumer demand for healthier food options. With heightened awareness of health-conscious choices, North American consumers drive market growth. The proactive approach of the region’s food industry in aligning products with evolving preferences positions North America as a leader in the taste modulators market.

Conclusion

As taste modulators continue to revolutionize the food and beverage industry, their role in meeting evolving consumer preferences for healthier options cannot be overstated. With innovation at its core, the market is poised for remarkable growth, driven by a harmonious interplay between consumer tastes and cutting-edge technology. From addressing health concerns to fostering culinary exploration, taste modulators stand as beacons of progress in the journey towards a healthier and more flavorful future.

Soy Protein Ingredients Market Size to Reach US$ 10.8 Billion by 2027 | MarketsandMarkets

The global soy protein ingredients market was valued at USD 7.7 billion in 2022 and grew at a CAGR of 7.0% from 2022 to 2027. The market is expected to reach USD 10.8 billion by 2027. Soybeans are used to make the components of soy protein. Soy protein ingredients are produced by processing soymeal to obtain ingredients with higher protein concentrations, which can be used as a protein source in a range of food and animal feed applications. The demand for soy protein is growing in the food and animal feed industries, owing to their health benefits and functional properties. It is also a cheaper substitute for animal protein. The market is likely to grow at a significantly higher rate compared to other vegetable proteins.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=857

Drivers and Opportunities in Soy Protein Ingredients Market

Drivers: Demand for cheaper protein source

Increased crop cultivation in developing regions such as South America and Asia Pacific, in addition to the already widespread cultivation across the globe, has increased the availability of soy proteins. Raw materials are, therefore, easy to obtain from contract farmers or oilseed crushers offering soy meal. The low processing costs associated with soy protein are suitable for the operational demands of manufacturers and thereby allow the processors to spend effectively on product development. As a result of these trends, soy proteins are cheaper when compared to that of other protein sources such as meat, dairy, and whey proteins. Additionally, the prices of conventional dairy products have increased in the recent past, and soy protein, one of the major plant sources of protein, is one of the best alternatives in terms of price. These are the driving factors for soy protein ingredients market.

Opportunities: Demand for organic soy protein

The organic soy protein market has the potential to change the business landscape in the overall soy protein ingredients market. According to the Research Institute of Organic Agriculture (FiBL), around 1.8 million farmers across 162 countries carried out organic cultivation on more than 37.0 million hectares of agricultural land in 2013. Growth in the organic food products market is also expected to boost the growth of the organic market. Government and non-government organizations offer financial aid, R&D programs, and subsidies to support traditional farmers in switching to organic farming. These organizations include the Research Institute of Organic Agriculture, Switzerland (FiBL), the Agricultural & Processed Food Products Export Development Authority (APEDA) in India, and the US Department of Agriculture (USDA) in the US. Demand for organic food ingredients is high in developed regions such as North America and Europe. The consumer preference for healthy products is rising due to the increasing consumer awareness about the health benefits of consuming organic food products. As a result, marketing campaigns are planned to highlight their use and health benefit claims.

Key Players in Soy Protein Ingredients Market

ADM (US)
Cargill
Incorporated (Sweden)
International Flavors & Fragrances Inc. (US)
Devansoy (US)

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=857

Regional Analysis

The ethical limitations and consumer awareness regarding personal and environmental health have contributed greatly to the mass shifting of people toward adopting veganism and flexitarian diets. According to a recent report published in March 2022 by the Plant-Based Foods Association (PBFA), the US plant-based food retail sales reached USD 7.4 billion, outpacing total food retail sales and showing a growth rate of 6.1% in 2021 from the previous year, despite supply chain interruptions and pandemic restrictions. This growth and increase in the demand for and consumption of plant-based foods are likely to continue during the forecast period and present significant business opportunities for soy protein ingredients.

North America is a significant production base for plant-based protein manufacturers, and the US is a key producer of soybean and wheat in the region.

Similarly, in Mexico, the demand for protein-rich food and beverage products is high due to the highly diversified and multicultural population, which is among the key contributors to the growth of plant-based protein offerings in the region.

Probiotics Food & Cosmetics Market to Hit $84.5 billion by 2026

The global probiotics food & cosmetics market is estimated to reach $84.5 billion by 2026, growing at a 8.3% compound annual growth rate (CAGR). The global market size was valued $56.6 billion in 2021.

The global perception toward daily food products is shifting from products providing basic nutrition to those offering several health benefits, such as functional foods. Today, a wide range of functional foods have been developed, including probiotics, prebiotics, and symbiotic foods. These products have changed the approach of various food processors from considering food only as a source of energy and nutrition to biologically active food components that confer benefits on human health.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22485898

Surviving the Gauntlet: Probiotics’ Journey through the Gastric Environment

Probiotics, touted for their health benefits, face a formidable challenge as they navigate through the acidic terrain of the stomach and the small intestine. Despite undergoing rigorous manufacturing processes, many probiotic strains succumb to the harsh conditions prevalent in the digestive system. According to UK food microbiologists, only select resilient bacteria such as lactobacillus and bifidobacteria stand a chance against stomach acids, with an intolerance level to acidity typically below pH 2. While stomach acid serves to eliminate harmful bacteria, it also poses a threat to beneficial probiotics. However, the human stomach’s mucous lining offers some protection against acid degradation, aiding in the survival of probiotic strains.

The Rise of Specialty Stores: A Haven for Probiotic Enthusiasts

Specialty stores have emerged as havens for consumers seeking probiotic dietary supplements. These stores cater to a diverse range of health-conscious individuals, including athletes, seniors, children, and women, who prioritize products that enhance immunity and vitality. Brands like Nutrilite Digestive Probiotic by Amway (US) have capitalized on this trend, with a global presence spanning over 100 countries. Notable probiotic and health supplement specialty stores like General Nutrition Centers, Inc. (US) and the Vitamin Shoppe (US) offer an array of probiotic options, featuring different ingredients, flavors, and formulations.

Fueling Growth: The Quest for Digestive Health and Immunity

The quest to improve digestive health and bolster immunity has propelled the growth of probiotics in the United States. According to a survey conducted by Dupont Nutrition & Biosciences, probiotic supplement consumption in the US surged by 66% in mid-2020, with daily usage on the rise. Consumers are increasingly cognizant of probiotics’ immune-supporting properties, with digestive health emerging as a primary focus. The COVID-19 pandemic has accelerated this trend, drawing more individuals towards probiotic products. Additionally, factors such as the prevalence of osteoporosis, obesity, cardiovascular ailments, and other conditions stemming from micronutrient deficiencies contribute to the demand for probiotics in US food and beverage products.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=22485898

Key Players Shaping the Probiotics Market

Leading the charge in the probiotics market are key players such as Probi AB (Sweden), Nestlé (Switzerland), ADM (US), Danone (France), DuPont (US), Yakult Honsha (Japan), Kerry (Ireland), BioGaia (Sweden), Esse Skincare (South Africa), and L’Oréal (France). These companies play a pivotal role in innovating and diversifying probiotic offerings, catering to evolving consumer preferences and health needs.

In conclusion, the journey of probiotics from manufacturing to consumption involves overcoming significant hurdles, including the acidic environment of the digestive system. Nonetheless, the burgeoning demand for probiotic products underscores their perceived benefits for digestive health and immunity, driving growth and innovation in the market.

Unlocking the Potential: The Growing Pulse Ingredients Market

The global pulse ingredients market is estimated to be valued at USD 20.7 billion in 2022. It is projected to reach USD 25.9 billion by 2027, recording a CAGR of 4.6% during the forecast period.

Pulse Ingredients: Nature’s Bounty Unleashed

Pulse ingredients represent finely powdered materials derived from peas, lentils, and chickpeas, distinguished by their natural composition devoid of processing aids or chemical compounds. These food and feed-grade products serve a dual purpose, enhancing nutritional value without compromising on flavor, aroma, or color properties. Integral to various food formulations, pulse ingredients play a pivotal role in feed products including pet foods and aquaculture, aligning with the burgeoning demand for protein-rich dietary options.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=246427813

Chickpea Segment: Spearheading Growth

Among the spectrum of pulse ingredients, the chickpea segment emerges as the frontrunner, poised for exponential growth during the forecast period. Renowned for their protein content, vitamins, minerals, carbohydrates, and high dietary fiber levels, chickpeas or garbanzo beans hold sway over global markets. India, the largest producer of chickpeas as per the Food and Agriculture Organization (FAO) 2019 report, contributes approximately 70% to the global supply. This versatile legume, cultivated in distinct Desi and Kabuli varieties, enjoys widespread utilization across diverse food and beverage applications, underpinning the robust growth forecast for this segment.

Asia Pacific: Epicenter of Market Momentum

The Asia Pacific region emerges as the epicenter of pulse ingredients market momentum, fueled by a confluence of factors. Encompassing dynamic economies such as India, China, Australia, New Zealand, and Japan, this region commands a lion’s share of global pulse production. India assumes a pivotal role, contributing a staggering 57% to the region’s pulse production according to FAO 2018 statistics. Fueled by burgeoning populations, rising disposable incomes, and burgeoning consumer interest in functional ingredients, the Asia Pacific market presents fertile ground for the exponential growth of pulse ingredients.

Key Players: Pioneering Innovation

At the forefront of this burgeoning market are key players committed to pioneering innovation and driving industry evolution. Industry stalwarts such as ADM (US), Roquette Frères (France), Ingredion (US), and others are actively engaged in product diversification, strategic collaborations, and expansions to capitalize on the burgeoning demand for pulse ingredients worldwide. Their concerted efforts underscore the dynamism and promise inherent in the pulse ingredients market landscape.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=246427813

Conclusion

As consumer preferences veer towards protein-rich dietary options and functional ingredients, the pulse ingredients market stands poised for unprecedented growth. With robust projections, particularly in the chickpea segment and the Asia Pacific region, stakeholders across the value chain are primed to unlock the immense potential inherent in this burgeoning market landscape.