Exploring the Growth Potential of the Global Taste Modulators Market

The taste modulators market is projected to reach USD 2.0 billion by 2028 from USD 1.4 billion by 2023, at a CAGR of 7.4% during the forecast period in terms of value. The taste modulators market is growing due to rising health consciousness, addressing the demand for healthier options by reducing sugar, salt, and fat. The surge in obesity and diabetes cases fuels the need for sugar-free and reduced-calorie products, often utilizing taste modulators. Ongoing innovation and the versatility of taste modulators contribute to their widespread application in diverse food and beverage products.

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Asia Pacific is poised to experience the highest CAGR in the Taste modulators market during the forecast period

The region’s remarkable economic growth has led to increased consumer purchasing power, which, in turn, has boosted demand for processed foods and beverages. The escalating urbanization and evolving dietary preferences in the region play a pivotal role in propelling the adoption of taste modulators. Consumers’ heightened preference for healthier food options, coupled with the proactive response from regional food manufacturers, propels the demand for taste modulation technologies. The robust food processing industry and the emergence of innovative culinary concepts further fuel the widespread incorporation of taste modulators across diverse food and beverage categories. As Asia Pacific aligns with global health trends, emphasizing reduced sugar, salt, and fat content, the demand for taste modulators is set to witness a substantial upswing. These factors collectively position Asia Pacific as a pivotal driver for the anticipated robust growth in the taste modulators market during the forecast period.

Key Players in the Market

Key players in this market include DSM (Netherlands), International Flavors & Fragrances Inc. (US), Givaudan (Switzerland), Kerry Group PLC (Ireland), Ingredion (US), Symrise (Germany), Sensient Technologies Corporation (US), Tate & Lyle (UK), Corbion (Netherlands), Takasago International Corporation (Japan), Icon Foods (US), Carmi Flavor & Fragrance Co., Inc. (US), Cargill Incorporated (US), MANE (France), and ADM (US).

The taste modulator market is expanding, propelled by global culinary exploration and technological advancements

The taste modulator market is poised for significant future growth, propelled by a convergence of factors. A primary driver is the escalating consumer interest in global cuisines and exotic flavors, fostering a heightened demand for taste modulators. Consumers increasingly seek diverse and adventurous culinary experiences, prompting the food industry to explore innovative solutions for flavor enhancement. Concurrently, continuous advancements in taste modulation technologies stand as a cornerstone for market expansion. These technological strides inspire product innovation, facilitating a broader spectrum of applications across various food and beverage categories. This evolution aligns with the rising consumer preference for healthier choices, as taste modulators contribute to reducing sugar, salt, and fat content while enhancing flavors. The harmonious interplay between evolving consumer tastes and cutting-edge technology positions the taste modulator market at the forefront of catering to dynamic industry demands, ensuring a future characterized by versatile, health-conscious, and captivating culinary offerings.

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In Taste Modulators, the surge in sugar substitutes is driven by health-conscious consumers and industry innovation

The dominance of sweet modulators in the taste modulators market is underscored by an escalating imperative for reduced sugar formulations driven by heightened health-conscious consumer preferences. This trend signifies a strategic response to global health concerns, particularly obesity and diabetes, with sweet modulators serving as key enablers for the development of low-calorie and reduced-sugar products while maintaining an optimal taste profile. Within this landscape, the food industry’s unwavering commitment to meet evolving consumer expectations further solidifies the pivotal role of sweet modulators. Their prominence is not merely a reflection of current trends but a strategic imperative in product reformulations and driving innovation across a spectrum of applications.

Compound Feed Market to Hit $668.3 billion by 2028

The compound feed market is estimated at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% from 2023 to 2028. The world’s population is steadily increasing, which leads to higher demand for food, including meat, dairy, and poultry products. Compound feed is an efficient way to provide essential nutrients to livestock and improve their growth and productivity. As standards of living improve in many developing countries, there is an increase in meat consumption. Livestock, such as poultry, pigs, and cattle, require compound feed for their optimal growth and production. This surge in meat consumption has led to a greater demand for compound feed. Compound feed is designed to optimize nutrient utilization and improve feed conversion efficiency in livestock. It allows for precise control of nutrient composition, ensuring that animals receive the necessary nutrients for their growth and development.

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The Asia Pacific region accounted for the largest share and fastest growing market, in terms of value, of the global compound feed market

The Asia Pacific region, comprising countries like China and India, holds 60% of the global population, amounting to around 4.3 billion people. This densely populated region has witnessed continuous population growth, resulting in an escalating demand for animal-derived products like meat, milk, and eggs. Consequently, there is an increased need for compound feed to sustain the growing demand for livestock and poultry production. As incomes rise and dietary preferences evolve, there is a notable shift towards greater consumption of animal protein, propelling the expansion of the livestock and poultry sectors and further driving the demand for compound feed.

Key Players in the Market

Major key players operating in the compound feed market Cargill, Inc. (US), ADM (US), Charoen Pokphand Foods (Thailand), New Hope Group (China), Land O’Lakes (US), Nutreco N.V (Netherlands), Alltech, Inc. (US), Guangdong Haid Group Co., Ltd (China), Weston Milling Group (Australia), and Feed One Co. (Japan).

The poultry in by livestock segment accounted for the largest share of the compound feed market in terms of value

Poultry, especially chicken, is one of the most widely consumed meats globally. The demand for poultry products, such as meat and eggs, is consistently high due to factors like affordability, versatility, and nutritional value. This high demand for poultry products drives the need for poultry compound feed. The compound feed market is influenced by the high demand for poultry products, including meat and eggs, which are widely consumed globally. Poultry, particularly chicken, stands out as one of the most popular meats, with a significant consumption rate per capita. According to the OECD, poultry meat consumption in 2022 reached 32 kg per capita, compared to 1.3 kg for sheep meat, 14.2 kg for beef and veal, and 22.8 kg for pork meat.

The cereals in by ingredient segment accounted for the largest share of the compound feed market in terms of value

Cereals are rich in carbohydrates and provide energy to animals. They also contain varying levels of protein, fiber, and essential minerals. Due to their nutritional composition, cereals serve as important sources of energy and nutrients in compound feed formulations. Cereal crops, such as corn and wheat, are widely grown and easily accessible in many parts of the world. Their availability in large quantities makes them a cost-effective option for inclusion in compound feed formulations. Thus, making them dominate the ingredients segment.

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Precision Food Safety: The Next Frontier for Food Diagnostics

The global food diagnostics market is estimated at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Food diagnostics involves a range of techniques and technologies used to detect contaminants, pathogens, allergens, and adulterants in food products. The market is primarily driven by the growing concerns regarding food safety, increasing consumer awareness, and stringent regulations imposed by governments worldwide. With the globalization of the food supply chain, the need for accurate and rapid testing methods has surged, fostering innovation in this sector.

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Key Players in the Market

Bio-Rad Laboratories Inc. (US)
Thermo Fisher Scientific Inc. (US)
Shimadzu Corporation (Japan)
Neogen Corporation (US)
BioMerieux (France)
Agilent Technologies Inc. (US)
Merck KGaA (Germany)
Danaher (US)

North America is estimated to have a significant market share in the global food diagnostics market

The stringent food safety regulations and their unwavering enforcement in the North American region have been instrumental in driving the demand for advanced food diagnostics technologies. Regulatory bodies such as the FDA in the United States and CFIA in Canada continually advocate for more rigorous monitoring and testing protocols, effectively compelling the adoption of cutting-edge food diagnostics solutions. The steadfast commitment to ensuring the safety and quality of food products places North America at the forefront of this burgeoning industry.

Additionally, North American consumers have become increasingly conscious of food safety issues and are placing a growing emphasis on healthy eating. This awareness has created a pressing need for greater transparency in the food supply chain. Consumers are scrutinizing the origin, quality, and safety of their food like never before. Consequently, the market for food diagnostics services has witnessed substantial growth as it offers consumers the assurance and peace of mind they seek when making food choices.

Inhouse, by site segment, is anticipated to grow at a significant CAGR in the global food diagnostics market

In-house facilities for food quality and safety testing are essentially dedicated laboratories or testing units established within food manufacturing plants, enabling real-time analysis and monitoring of the production process. They empower food manufacturers with rapid decision-making capabilities, ensuring immediate corrective actions in the event of contamination or quality deviations. This results in enhanced product quality, reduced production downtime, and ultimately, increased consumer confidence. Moreover, in-house testing provides manufacturers with greater control over their supply chain, reducing the risk of product recalls and regulatory non-compliance. Furthermore, consumers are increasingly demanding transparency and traceability in the food products they purchase, prompting manufacturers to invest in in-house facilities to meet these expectations.

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By food tested, the fruits & vegetables segment is anticipated to grow at a significant rate in the food diagnostics market

The consumption of fruits and vegetables is increasing globally, and consumers are becoming more conscious of the quality and safety of the produce they consume. In response to this, food safety regulations have become stricter, necessitating rigorous testing procedures for contaminants such as pesticides, pathogens, and heavy metals. The growing awareness of health and wellness further fuels the demand for safe and high-quality produce, prompting the need for advanced diagnostics. Additionally, there is a rising concern about foodborne illnesses linked to fruits and vegetables. Outbreaks and recalls are not only costly for producers but can also have serious health implications for consumers. Food diagnostics can help detect pathogens like E. coli, Salmonella, and Listeria in these products, preventing outbreaks and ensuring public safety.

Enzymes Industry to Hit $20.4 billion by 2029

The global enzymes market size is estimated to be valued at USD 14.0 billion in 2024 and is projected to reach USD 20.4 billion by 2029, recording a CAGR of 7.8%. The biopharmaceutical industry’s rapid growth, driven by advancements in biotechnology and personalized medicine, presents significant opportunities for the enzyme market. Enzymes are indispensable in biopharmaceutical manufacturing processes, including protein expression, purification, and modification. They are also used in the development of biologics such as monoclonal antibodies, vaccines, and gene therapies. As the demand for biopharmaceuticals continues to soar, driven by the aging population and increasing prevalence of chronic diseases, the need for enzymes in biopharmaceutical production is expected to escalate, driving market growth.

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Asia Pacific region to witness the fastest growth rate in the enzymes market during the forecast period

The Asia-Pacific region is positioned for remarkable growth in the enzyme market, driven by specific industry dynamics and regional trends. Notably, the region’s biopharmaceutical sector, particularly in countries like South Korea and Singapore, is fueling demand for enzymes used in drug manufacturing and bioprocessing. These enzymes play a critical role in protein expression, purification, and modification processes essential for the production of biologics such as monoclonal antibodies and vaccines. Furthermore, the increasing demand for specialty enzymes in the region’s rapidly expanding healthcare and diagnostic sectors is the fastest growth driver. With increasing investments in healthcare infrastructure and research capabilities, there is a growing need for enzymes used in diagnostic assays, genetic testing, and therapeutic applications. Additionally, the Asia-Pacific region’s thriving textile and detergent industries, particularly in countries like Bangladesh and Vietnam, present lucrative opportunities for enzyme manufacturers. Enzymes are increasingly used in textile processing for fabric softening, de-sizing, and denim finishing, as well as in detergent formulations for improved stain removal and fabric care. As these industries continue to grow and evolve, driven by changing consumer preferences and regulatory requirements, the demand for enzymes is expected to surge, positioning the Asia-Pacific region as a key growth engine in the global enzymes market.

Key players in this market include BASF SE (Germany), International Flavors & Fragrances Inc. (US), dsm-firmenich (Switzerland), Associated British Foods plc (England), Novozymes A/S (Denmark), Kerry Group plc. (Ireland), Dyadic International Inc. (US), Advanced Enzyme Technologies (India), Aumgene Biosciences (India), Amano Enzyme Inc. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Codexis, Inc. (US), Sanofi (France), Merck KGaA (Germany), Adisseo (China).

Protease segment is identified to be the fastest growing among the various types of enzymes during the forecast period

Proteases play a vital role in numerous industrial applications, including food processing, detergent manufacturing, pharmaceuticals, and biotechnology. Their ability to catalyze the hydrolysis of proteins into smaller peptides and amino acids makes them indispensable in processes such as protein modification, peptide synthesis, and removal of proteinaceous stains. Additionally, proteases exhibit broad substrate specificity and operate under diverse pH and temperature conditions, rendering them versatile and adaptable to various manufacturing processes. The ongoing research and development efforts are expected to yield novel proteases with enhanced catalytic efficiency, stability, and specificity, further expanding their applicability across industries. The increasing demand for enzyme-based solutions in sustainable manufacturing practices and green chemistry initiatives is likely to drive the adoption of proteases for eco-friendly processes. Additionally, the growing awareness of the benefits of enzyme-based products among consumers and manufacturers, coupled with favorable regulatory frameworks promoting enzyme use, is expected to stimulate market demand for proteases.

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In the enzymes market, the microorganism-based enzymes segment is registering the highest growth during the forecast period

Microorganisms serve as prolific sources of enzymes, offering a wide diversity of catalytic activities and metabolic pathways. This inherent diversity enables the production of a vast array of enzymes tailored for specific industrial applications, ranging from food processing and textiles to pharmaceuticals and biofuels. Moreover, advances in biotechnology and fermentation techniques have facilitated the cost-effective production of microorganism-based enzymes at industrial scales, thereby driving market growth. Ongoing research endeavors aimed at discovering novel microorganisms and optimizing enzyme production processes are anticipated to yield enzymes with improved catalytic efficiency, stability, and specificity. Additionally, the increasing demand for sustainable and eco-friendly solutions across industries is likely to drive the adoption of microorganism-based enzymes, which offer environmentally benign alternatives to traditional chemical processes.

Oilseeds Market Analysis: Key Players and Competitive Landscape

The global oilseeds market is estimated to be valued at USD 250.0 billion in 2019 and is projected to reach a value of USD 335.0 billion by 2025, growing at a CAGR of 5.0% during the forecast period. Factors such as the rising demand for protein meals and non-GMO oilseeds is driving the growth of this market.

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The soybean segment is estimated to account for a larger market share, in terms of value

The soybean segment dominated the market for oilseeds, as nearly 85% of the oilseeds that are produced in the world are processed and crushed to manufacture soybean meal and oil. There has been an increase in the number of areas, in which soybeans find applications. Due to these factors, the market is projected to witness significant growth.

The genetically modified segment is estimated to witness the fastest growth in the oilseeds market, in terms of value

The genetic modification of oilseeds improves the quality and production of oil. The high demand for competitive and economically priced vegetable oil has led to an increase in the preference for genetically modified seeds. Genetically engineered oilseeds are being used as an important ingredient in the functional foods industry. This widespread demand and an increase in the application areas are some factors, due to which the market is projected to witness faster growth.

The demand for healthy and organic oilseed-processed products has created opportunities for oilseeds manufacturers

The increasing number of health-conscious consumers and growing awareness about the adverse effects of trans-fatty acids among the consumers are factors projected to drive the demand for food products that contain low trans-fat levels during the forecast period. Manufacturers are developing food products that use healthier oils instead of trans-fatty acids. They are also developing high-stability oils such as high oleic sunflower, linolenic canola, and low linoleic soybean, to seek emerging opportunities.

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North America is projected to grow at the highest CAGR of 5.5% during the forecast period

North America provides the highest potential for growth due to the favorable trade and price support systems, which drives market growth. The demand for oilseeds remains high in the feed & food industries in North America, which constitute a significant part of the overall demand in the region. The introduction of stringent regulatory frameworks in the biofuel sector is also driving the growth of the oilseeds market in the North American region.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the oilseeds market. It includes the profiles of leading companies such as Cargill (US), Archer Daniels Midland (US), Bühler Group (Switzerland), Bunge Limited (Netherlands), AGT Food and Ingredients (Canada), Louis Dreyfus Company (Netherlands), Mountain States Oilseeds (US), Soni Soya Products Limited (India), Kanematsu Corporation (Japan), CHS Inc. (US), Oilseeds International (US), Wilmar International (Singapore), Cootamundra Oilseeds (Australia), Bora Agro Foods (India), and ETG Agro Private Ltd (Africa).

Omega-3 Market Size, Share, Growth Analysis Report

The omega-3 market size is expected to reach USD 7.4 billion in 2029 from USD 3.9 billion in 2024, at a CAGR of 13.5% during the forecast period. The major factors driving the growth of this market include the rising awareness of health benefits, increasing use of omega-3 fatty acids in food and feed products, and the growing adoption of innovative production technologies.

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Plant source segment is expected to maintain consistent growth in omega-3 market during the forecast period

Plant-powered Omega-3s are surging, fueled by ethically conscious consumers seeking sustainable alternatives. Vegan, vegetarian, and allergy-friendly, these innovative options like algae oil and chia seed extracts boast potential unique health benefits and wider accessibility. Affordability and government initiatives promoting sustainable practices add further momentum. While ensuring potency and educating consumers remain key hurdles, the future of Omega-3 looks green, with this segment poised to shape a more responsible and inclusive market landscape.

The DHA segment is expected to hold the largest market share in the type segment of omega-3 market

Research strongly supports the health benefits of DHA, from its crucial role in brain development to its potential for heart and eye health. Technology advancements have made DHA more accessible through refined extraction and processing methods. This increased accessibility has led to targeted applications, including pregnancy supplements and infant formula, promoting healthy development from early stages. DHA’s influence extends to functional foods like dairy products and beverages, providing convenient ways to incorporate it into daily diets. Effective marketing strategies have solidified DHA’s position by highlighting its unique benefits. While DHA leads the Omega-3 market, other players like EPA and ALA are also growing, offering diverse benefits and applications. This diversity ensures that the market can cater to various consumer needs, fostering a thriving landscape focused on individual well-being and holistic health.

North America to dominate the omega-3 market during the forecast period

In North America, the demand for Omega-3 is increasing, particularly in dietary supplement applications, driven by the recognition of Omega-3’s benefits health. Omega-3 fatty acids are among the most popular dietary supplements, known for their potential benefits for heart health, brain function, and overall well-being. The demand for omega-3 supplements in North America has been steadily increasing due to rising awareness about their health benefits and the inclusion of omega-3 in various health recommendations.

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Key Market Players

The key players in this market include BASF SE (Germany), Cargill, Incorporated. (US), dsm-firmenich (Netherlands), ADM (US), Kerry Group Plc (Ireland), Croda International Plc (UK), Orkla. (Norway), Corbion (Netherlands), GC Rieber (Norway), Pelagia AS (Norway), KD Pharma Group SA (Switzerland), Cooke Aquaculture Inc. (Canada), AlgiSys Biosciences, Inc. (US), Golden Omega (Chile), AKER BIOMARINE (Norway), and Polaris (France). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, supported by manufacturing facilities and well-established distribution networks spanning across these regions.

Algae Products Market: A Deep Dive into Sustainable Growth

The algae products market is estimated at USD 5.3 billion in 2023 and is projected to reach USD 7.3 billion by 2028, at a CAGR of 6.4% from 2023 to 2028. Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment. The versatility of algae and their ability to be processed into different forms, such as powders, extracts, and oils, make them attractive ingredients for a wide range of products, driving market growth.

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Driver: Growth in consumer awareness regarding the health benefits of algae-based products

In recent years, there has been a significant shift in consumer preferences towards health and wellness. Consumers are becoming more proactive about maintaining their well-being and are seeking natural, nutrient-rich, and functional foods and supplements. Algae-based products, such as spirulina, chlorella, and seaweed, are recognized for their exceptional nutritional profile, including high protein content, essential vitamins, minerals, antioxidants, and omega-3 fatty acids. As consumers become aware of the specific health benefits associated with algae consumption, they are increasingly incorporating algae-based products into their diets.

Opportunity: Growing demand in the pharmaceutical industry

Algae are rich in various bioactive compounds, including proteins, polysaccharides, pigments, fatty acids, and antioxidants. These components offer a wide range of nutritional and functional benefits that can be utilized in pharmaceutical formulations. For example, algae-derived proteins can serve as a source of amino acids for therapeutic protein production. Polysaccharides from algae can be used as excipients or drug delivery systems due to their unique physicochemical properties. Pigments such as chlorophyll and carotenoids have antioxidant properties that can be utilized for their potential health benefits. The diverse array of bioactive compounds present in algae opens up opportunities for the development of novel pharmaceutical products.

Based on type, lipids is estimated to account for the largest market share of the algae products market

Based on type, lipids segment is estimated to account for the largest market share. The presence of lipids in algae products allows for their incorporation into functional foods and nutraceuticals. Lipids provide a source of energy and enhance the absorption of fat-soluble vitamins and bioactive compounds. Algae-based lipid ingredients are used in the development of various products, including dietary supplements, protein bars, beverages, and fortified foods.

Blue green algae segment of the algae products market by source is projected to witness the highest CAGR during the forecast period

Based on source, the blue green algae segment estimated to account for the highest growth rate. Blue-green algae are considered a valuable source of plant-based protein. They have a higher protein content compared to traditional plant sources, such as soybeans and wheat. The protein from blue-green algae is of high quality, containing all the essential amino acids required by the human body. This makes blue-green algae an attractive option for protein supplementation in the form of powders, protein bars, and beverages.

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The North America market is projected to contribute the largest share for the algae products market

There is a growing awareness among consumers in North America regarding the health benefits and sustainability aspects of algae-based products. Consumers are becoming more conscious of their dietary choices and are actively seeking natural, plant-based alternatives for various applications. This awareness has resulted in a rising demand for algae-derived products, including food and beverages, dietary supplements, personal care items, and biofuels.

Top Functional Food Ingredients Shaping the Health and Wellness Industry

The global functional food ingredients market, valued at USD 119.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 165.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.8% during the forecast period. Escalating consumer awareness regarding health and wellness has significantly bolstered the demand for the functional food ingredients market. The prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular issues has propelled individuals to prioritize healthier dietary choices. As people become increasingly conscious of the link between diet and health outcomes, there is a growing inclination towards functional foods that offer specific health benefits.

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Asia Pacific is the Fastest-Growing Market For Functional Food Ingredients Among The Regions

Shifting dietary preferences and rising health consciousness among consumers drive the demand for functional foods fortified with specific ingredients targeting various health benefits in the Asia Pacific region. This trend is particularly pronounced in countries such as China, India, and Japan, where there is a growing awareness of the importance of preventive healthcare. Additionally, the rich and diverse food culture in Asia Pacific countries, coupled with the prevalence of traditional medicine systems such as Ayurveda and Traditional Chinese Medicine, creates opportunities for the incorporation of functional ingredients derived from natural sources. Moreover, the Asia Pacific region boasts a burgeoning population, rapid urbanization, and increasing disposable incomes, all of which contribute to increased consumer spending on health-enhancing products.

The food segment within the applications is estimated to have a larger share in the functional food ingredients market

Food is an essential part of daily life, making it a primary avenue for incorporating functional ingredients into consumers’ diets. The food segment encompasses a vast array of products, ranging from bakery and confectionery items to dairy and savory snacks. This widespread integration allows for a larger market reach unlike other applications. In addition, functional food ingredients are increasingly sought after by health-conscious consumers who prioritize wellness without compromising on taste or convenience. Incorporating functional ingredients into everyday foods seamlessly aligns with consumer lifestyles, driving up demand within the food segment.

Moreover, food products offer a versatile platform for incorporating functional ingredients without significantly altering taste or texture, enhancing their appeal to a broader consumer base. This versatility allows for the seamless integration of functional ingredients into various food categories, including snacks, dairy, bakery, and cereals. Additionally, regulatory approval processes for functional ingredients in food products are generally less stringent compared to those for beverages and nutraceuticals, streamlining the product development cycle and facilitating quicker market entry.

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Food, By Application, Accounted For The Highest Market Share Among Form Segment

With the largest market share of all the segments, the food segment emerged as the dominant segment in the market for functional food ingredients. The market for functional food ingredients is experiencing growth fueled by a rising preference for convenient, nutritious food options and an increasing demand for fortified food and beverage products. This expansion is driven by a rapidly growing health-conscious population, especially evident in emerging markets, which seek out fortified food products incorporating functional food ingredients.

Functional foods are becoming increasingly popular among consumers who are looking for specific health benefits like better digestion, immune system support, or increased energy levels in addition to nutritional value.

Pulse Ingredients Market is Expected to Grow $25.9 billion by 2027

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 are fine-powdered materials created from the peas, lentils, and chickpeas made without the use of processing aids or chemical compounds. These are natural food and feed-grade products that are used to increase the nutritional value of foods without altering flavor, aroma, and color properties. Pulse ingredients are important components of food ingredients used in feed products including pet foods and aquaculture. The demand for protein-rich food products is very high and is a growing trend among consumers; moreover, the popularity of protein-rich food is particularly higher among diet-conscious consumers and those dealing with weight management.

Asia is projected to be the largest market in pulse ingredients market

The Asia Pacific market consists of developing countries such as India, China, Australia & New Zealand, and Japan. According to FAO, in 2018, the region accounted 49% of the global pulse production within which India contributed around 57% of the production alone. The country is one of the major pulses producing as well as consuming country in the world. The major pulse crops in India include chickpeas, peas, green gram, black gram and lentils. The regional growth is backed by the rising population, growth in disposable income, and increased consumer interest toward functional ingredients, which is expected to boost the sales of pulse ingredients.

The key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), The Scoular Company (US), Axiom Foods, Inc., (US), PURIS (US), Emsland Group (Germany), AGT Food and Ingredients (Canada), Batory Foods (US), Vestkron Milling M/S (Norway), and Dakota Ingredients (US).

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The chickpea segment is expected to grow at the highest CAGR during the forecast period

Chickpeas or garbanzo beans are a good source of proteins, vitamins, minerals, carbohydrates, and include high levels of dietary fiber. According to Food and Agriculture Organization (FAO), in 2019, India was the largest producer of chickpeas with about 70% supply coming from the country. It is the third largest produced legume in South Asia after bean and pea. Desi and Kabuli are two distinct types of cultivated chickpea; the Kabuli is grown in West Asia and the Mediterranean region, whereas the desi type is grown in the Indian subcontinent. Increased consumption of chicpea and use in various food and beverage application to drive the market for the segment.

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From Farm to Fork: How Food Disinfection Ensures Safer Food Supply Chains

The global food disinfection market is expected to reach a value of USD 14.9 billion by 2025, growing at a CAGR of 4.1% during the forecast period. Factors such as the increasing occurrences of foodborne diseases and growing safety concerns related to food are driving the market for food & beverage disinfection, which is achieved by certain chemicals and technology (equipment). Chemical disinfectants are more frequently used in food production facilities than thermal or radiation techniques.

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Asia Pacific is estimated to hold the largest market share during the forecast period

Asia Pacific accounted for the largest share during the forecast period due to the growing demand for meat and meat products in developing and developing countries such as China, India, and South Korea. The USDA is of the view that factors such as increasing disposable income, increase in population, and rapid urbanization have significantly aided in the growth of the market in this region. With the westernization of diets in the various countries in Asia Pacific, the demand for better quality meat has been growing which calls for the need to improve the overall health and productivity of livestock species which further drives the growth of the food disinfection market.

Key Players

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the food disinfection market. It consists of the profiles of leading companies such Solvay (Belgium), Neogen Corporation (US), Evonik Industries (Germany), Ecolab (US), BASF SE (Germany), Diversey, Inc (US), and Kersia Group (France), Thatcher Company (US),) CCL Pentasol (UK), Rentokil (US), and Entaco N.V. (Belgium), Sanosil Ltd. (Switzerland), Stepan Company (US), Acuro Organics Limited (India), Deluxe Chemicals (US), and Finktech GmbH (Germany).

Meat & poultry, by food processing, is estimated to hold the largest market share during the forecast period

The food disinfection market, by food processing, has been segmented into meat & poultry, dairy, fish & seafood, fruits & vegetables, and other foods. Meat & poultry account for the largest market during the forecast period owing to the large pool of products available in the market. Meat processing facilities often face the challenge of controlling the count of Salmonella, Listeria, and other bacteria. Since meat and poultry are susceptible to easy contamination by pathogens and are highly perishable products, disinfection of meat processing equipment is of prime importance to prevent disease outbreaks.

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Processing, by application area, is estimated to account for the largest market share during the forecast period

Processing account for the largest market size during the forecast period, owing to increase in the consumption of meat & poultry products, dairy products, fish & seafood, and fruits & vegetables sector. Food processing machinery form the largest market for food chemical disinfectants and equipment as the major focus of manufacturers is on disinfecting the food contact surfaces during the entire production line. Since food processing equipment comes in direct contact with food surfaces, it becomes critical for processors to maintain the cleanliness and hygiene of these equipment to prevent cross-contamination of food products and ensure high quality and safety of end-food products. The disinfectants to be used on food contact surfaces are highly regulated by government agencies to ensure food security. The Canadian Food Inspection Agency defines food contact surfaces “as any equipment or utensil which normally comes in contact with the food product or surfaces normally in contact with the product.” Food processing equipment form a critical part of large manufacturing units, and the disinfection of these equipment helps achieve quality compliance.

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