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Condiments Market Leading Countries, Companies, Drivers, Significant Growth, Analysis by Manufacturers, Challenges and Forecast 2023

Market Definition

Condiments are defined as a spice used as a flavor enhancer to enhance the overall organoleptic property of food preparations. Condiments are mainly used as a food additive and include sauces, dressings, dips and others. They are also used in the pickled and preserved food products to increase the shelf-life of the product. The increasing consumption of flavor enhancers backed up by a shift in consumers’ food preferences is anticipated to propel the growth of Condiments Market on a global platform. 

Key Findings

  • The Asia Pacific region is experiencing a high demand for condiments as a potential food additive
  • Top exporters of condiments include the U.S., China, Germany, Italy, the Netherlands and Thailand
  • In June 2017, Kensington’s launched artisanal condiments in the ‘organic profile’ bottle. The product is also manufactured with premium packaging to seek consumers’ attention towards their product line and to increase their sale further.

Key Players

Some of the key players profiled in the global condiments market are ConAgra Food Inc. (U.S.), Kraft Foods Inc.  (U.S.), Mars, Incorporated (U.S.), General Mills, Inc. (U.S.), Unilever Plc. (U.K.), Hormel Foods Corporation (U.S.), The Kroger Company (U.S.), and Nestlé S.A. (Switzerland), among many others.

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Market Scenario       

The mounting growth rate of flavor enhancers in developing countries is causing an increased demand for sauces, dips, spices, and others. This has uplifted the demand for condiments in the food & beverage industry. Moreover, the convenience packed food products have demanded an improved condiments product line, which has positively impacted the market growth of condiments.

Furthermore, R&D investments have led to new product launches in the range which has further added fuel to the growth of this market. Additionally, improvement in the production process and development of improved products from major key players are expected to support the growth of the global condiments market during the forecast period, 2017–2023.

Segments

The global condiments market is segmented into type, packaging material, and distribution channel.

On the basis of type, it is segmented into spices, sauces and ketchup, dressings, and others. Among all, the spices segment is dominating the market followed by sauces and ketchups owing to its higher application in “ready-to-eat” food products.

On the basis of packaging material, it is segmented into plastics, glass, paper, and others. Among all, the plastic segment holds the major market share due to its convenient packaging and convenience product usage property. Glass packaging is also evaluated to hold a significant share in the global market.

On the basis of distribution channel, it is segmented into store-based and non-store based. Among all, the store-based segment is dominating the market owing to convenience shopping and one-stop shopping experience witnessed by consumers. However, consumers’ high inclination towards adopting the advanced technology is influencing the high growth of e-commerce trading channels.

Regional Analysis

The global condiments market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is dominating the condiments market followed by Asia Pacific. The U.S. in the North American region is experiencing a high demand for condiments from the “on-the-go” food products’ manufacturers. Moreover, increased consumption of sauces, dips, and ketchup in China, India, and Japan is supporting the growth of the condiments market in the Asia Pacific region.

Europe is the fastest growing region for the condiments market owing to the increasing demand for condiments as an additive in foods in the markets of Germany, France, and Italy.

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Intended Audience

  • Condiments Manufacturers
  • Food & Beverage Industry
  • Convenience Food Manufacturers
  • Retailers and Wholesalers
  • Traders, Importers, and Exporters

Organic Cheese Powder Market Volume Analysis, Size, Share And Latest Key Trends -2023

Market Highlights

Organic cheese is identified as a healthy and natural organic source for multiple nutrients such as protein, calcium, zinc, vitamins, and others. The consumption of organic cheese minimizes the exposure to toxins and pesticides that are often associated to conventional farming practices.        

Cheese manufacturers are innovating new flavors by combining various flavoring ingredients, such as herbs and spices. Moreover, the introduction of various forms of organic cheese, such as spreads, blocks, and slices, help in the wider acceptability of organic cheese. The market is expected to grow at a healthy rate during the forecast period, owing to the growing awareness among consumers about the nutritional value of cheese.

Key Players

Unilever (Netherlands), Eden Foods, Inc. (US), Danone (France), The Kroger Co. (US), Aurora Organic Dairy (US), The Lactalis Group (France),  Fonterra Co-operative Group (New Zealand), The WhiteWave Foods Company (US), Purity Foods, Inc. (US), and Organic Valley (US) among others.

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Key Findings

  • Application of organic cheese powder in ready-to-eat meals is growing at higher rate.
  • North America dominates the market for organic cheese powder among the various other regions.

Segmentation

The global organic cheese market has been segmented into product type, form, distribution channel, and region.

The market based on type has been segmented into mozzarella, parmesan, feta, and cheddar . Based on type, cheddar segment is expected to dominate the market owing to wide use of cheddar cheese as a key ingredient in cooking.

Based on form, the market has been segmented into blocks & cubes, spreads, slices, and others. Blocks & cubes are widely used in cooking, while spreads and slices are used as snacking items.

The market has been segmented, by distribution channel, into store based and non-store based. The store based segment is expected to show significant growth in the forecast period owing to strong vendor network. Moreover, product showcase and innovative branding in the stores are key factors for the growth of this segment.

Regional Analysis

Globally the market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World. The organic cheese market in North America has further been segmented into the US, Canada, and Mexico.

Geographically, Europe is anticipated to dominate the global organic cheese market during the forecast period, owing to the popularity of cheese in the region.

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Intended Audience:

  • Cheese Powder Manufacturers
  • Food & Beverages Industry
  • Retailers, Wholesalers
  • E-commerce Companies
  • Traders, Importers and Exporters

Fortified Wine Market Potentially Growing Significant Business Opportunities with Industry Analysis Forecast to 2023

Market Overview

Increasing sale of fortified wine is driven by changing consumers’ preference in alcoholic beverages. Increasing production of premium wines and new products is likely to drive the market for various fortified wine varieties as well as increase its sale in the wine market. Technology advancements in developed regions have led to the innovation in flavors leading to the production of Fortified Wines with flavors of infused herbs and spices. High focus on research and development of the alcoholic beverage industries has influenced the positive growth rate of the market. On the other hand, the population of consumers participating in campaigns and spreading awareness against alcohol consumption is one of the big challenges faced by this market. The consumption of fortified wine is found to be high in Europe and is evaluated to increase at a positive growth rate in various countries of North America and Asia Pacific region over the forecast period.

Market Forecast

Globally, the Fortified Wine Market share is estimated to escalate at a higher growth rate than any other alcohol variety based on the antioxidant content imparting anti-ageing properties. High consumption of fortified wine is backed up by its property to lower cholesterol level in the body when consumed in right quantity. The rising demand for low-calorie alcoholic beverages in the market is supporting its sale on a global level. Rapid urbanization has also supported in fueling up the market share of fortified wine all around the globe.

All these factors contribute to the calculated CAGR of 5.3% of Fortified Wine market during 2017-2023.

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Downstream Analysis

Consumption of sherry is growing at a significant rate based on its formulation and high popularity majorly in European countries. However, the sale of port wine varieties is evaluated to be growing rapidly as consumers are more inclined towards sweet wine varieties. The high alcohol content in dry wine makes it popular amongst the consumers of Europe, while, the medium and sweet varieties of wine are more popular in Asia Pacific and North America.

Due to easy availability of desired fortified wine variety and convenient shopping experience, consumers are seen to prefer store-based distribution channel over the non-store based ones. This has resulted in increased market share of store-based channels in the fortified wine market.

Competitive Analysis-

The Major Key Players in Fortified Wine Market are

  • Bacardi Limited (U.K.)
  • Davide Campari-Milano S.p.A. (Italy)
  • The Wine Group (U.S.)
  • E & J Gallo Winery (U.S.)
  • Anchor Brewing Company (U.S.)
  • Atsby Vermouth (U.S.)
  • Gancia (Italy)

Fortified wine manufacturers across various regions follow the strategy of improving their existing product line by adding innovations to their business expansion, which, in turn, increase the demand for fortified wine is across various countries. In Europe, France is among the dominating countries holding a significant share of the fortified wine market and exports the product to different other countries, which include the U.K., the U.S., Germany, China, Belgium, and others.

Regional Analysis

The global fortified wine market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Europe holds a major market share followed by North America. The high demand for fortified wine as a popular alcoholic drink from the developed countries of these regions is contributing to the positive growth of fortified wine market. The U.S., the U.K., China, Germany, and Canada are the major importers of fortified wine. Europe is found to be the major exporter of fortified wine and exports to major countries of North America and Asia Pacific.

Market Segmentation

Global Fortified Wine Market is segmented by Fortified Wine-Type, Taste, Distribution Channel and Region

Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/fortified-wine-market-3942

Intended Audience

  • Fortified Wine Manufacturers
  • Wine Industries
  • Alcoholic beverage Industries
  • Retailers and Wholesalers
  • Traders, Importers and Exporters

Medical Foods Market Value Share, Analysis And Explosive Growth-2023

Global Medical Foods Market – Overview

Owing to growing consumer needs and their awareness about dietary supplements and other medical foods required for nutrition and prevention of chronic disorders has grown in recent years. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Medical Foods Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.

The escalating medical service cost has resulted in consumer shift towards adoption of healthy alternatives into their daily routine. Owning to this, the consumption and demand for medical foods have experienced a drastic increase. Consumers are identified to include consumption of functional foods and supplements as a part of their daily diet. Medical foods provide essential nutrients the body thereby enhancing the body’s metabolism.

Apart from this, increasing growth of organized retail sector is expected to fuel the sales of medical foods during the forecast period. Increasing chronic diseases among the growing population is driving the growth of the market. Moreover, nutritional deficiency is a common concern observed globally which will propel the growth of the global medical foods market. Increasing geriatric population is anticipated to be a major factor driving the growth of medical foods market.

Key Players

Some of the key players profiled in the Global Medical Foods Market are Danone (France), Nestlé (Switzerland), Abbott (U.S.), Mead Johnson & Company, LLC (U.S.), Primus Pharmaceuticals Inc. (U.S.), Targeted Medical Pharma Inc. (U.S.), Fresenius Kabi AG (Germany)

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Key Findings

  • Manufacturers are bringing more products to market that address metabolic processes
  • Till date, majority of medical foods are administered through the oral feeding

Global Medical Foods Market – Segments

The Global Medical Foods Market has been divided into nutritional ingredients, form, ailment, and region.

On the Basis of Nutritional Ingredients     : Vitamins Minerals, Proteins, Omega-3, Isoflavones, Phytosterols

On the Basis of Form          : Pills, powders, and others

On the Basis of Ailment      : Alzheimer’s Diseases, Diabetic Neuropathy, Nutritional Deficiency, and Depression

On the Basis of Region        : North America, Europe, Asia Pacific, and ROW.

Global Medical Foods Market – Regional Analysis

The Global Medical Foods Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global Medical Foods market is highly dominated by North America and Europe owing to high consumption of nutritive and functional dietary supplement on a regular basis. North America is estimated to account for the major market proportion in the year of 2017 and it is expected to retain its dominance throughout the forecast period of 2017-2023. Among the North American region, the U.S. is accounting for a significant market proportion in the North America market. Also, the U.S. is estimated to retain its dominance throughout the forecast period of 2017-2023. Presence of established players in medical food products in the U.S. has attracted a huge consumer base. Product promotions through celebrity endorsements are also playing a significant role, giving a boost to this market.

However, Asia Pacific region is projected to expand at a high pace during the forecast period of 2017-2023. Escalating consumption of dietary supplement for enhanced body metabolism is supporting the sale of medical foods in this region. Presence of multi-national companies involved in the production of medical foods and running awareness campaigns is adding fuel to the market growth of medical foods in this region. Rising per capita disposable income is also observed to be a key driver for this market in Asia Pacific.

Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/medical-foods-market-4915

Intended Audience

  • Pharmaceutical industry
  • Nutritional processing industry
  • Medical food industry
  • E-commerce industry
  • Traders, importers and exporters

RTD Spirit Market Segments, Opportunity, Growth And Forecast By End-Use Industry -2023

Market Overview

Increasing sale of fortified wine is driven by changing consumers’ preference in alcoholic beverages. Increasing production of premium wines and new products is likely to drive the market for various fortified wine varieties as well as increase its sale in the wine market. Technology advancements in developed regions have led to the innovation in flavors leading to the production of Fortified Wines with flavors of infused herbs and spices. High focus on research and development of the alcoholic beverage industries has influenced the positive growth rate of the market. On the other hand, the population of consumers participating in campaigns and spreading awareness against alcohol consumption is one of the big challenges faced by this market. The consumption of fortified wine is found to be high in Europe and is evaluated to increase at a positive growth rate in various countries of North America and Asia Pacific region over the forecast period.

Market Forecast

Globally, the Fortified Wine Market share is estimated to escalate at a higher growth rate than any other alcohol variety based on the antioxidant content imparting anti-ageing properties. High consumption of fortified wine is backed up by its property to lower cholesterol level in the body when consumed in right quantity. The rising demand for low-calorie alcoholic beverages in the market is supporting its sale on a global level. Rapid urbanization has also supported in fueling up the market share of fortified wine all around the globe.

All these factors contribute to the calculated CAGR of 5.3% of Fortified Wine market during 2017-2023.

A Free Sample Copy of This Report Is Available upon Request @ https://www.marketresearchfuture.com/sample_request/3942

Downstream Analysis

Consumption of sherry is growing at a significant rate based on its formulation and high popularity majorly in European countries. However, the sale of port wine varieties is evaluated to be growing rapidly as consumers are more inclined towards sweet wine varieties. The high alcohol content in dry wine makes it popular amongst the consumers of Europe, while, the medium and sweet varieties of wine are more popular in Asia Pacific and North America.

Due to easy availability of desired fortified wine variety and convenient shopping experience, consumers are seen to prefer store-based distribution channel over the non-store based ones. This has resulted in increased market share of store-based channels in the fortified wine market.

Competitive Analysis-

The Major Key Players in Fortified Wine Market are

  • Bacardi Limited (U.K.)
  • Davide Campari-Milano S.p.A. (Italy)
  • The Wine Group (U.S.)
  • E & J Gallo Winery (U.S.)
  • Anchor Brewing Company (U.S.)
  • Atsby Vermouth (U.S.)
  • Gancia (Italy)

Fortified wine manufacturers across various regions follow the strategy of improving their existing product line by adding innovations to their business expansion, which, in turn, increase the demand for fortified wine is across various countries. In Europe, France is among the dominating countries holding a significant share of the fortified wine market and exports the product to different other countries, which include the U.K., the U.S., Germany, China, Belgium, and others.

Regional Analysis

The global fortified wine market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Europe holds a major market share followed by North America. The high demand for fortified wine as a popular alcoholic drink from the developed countries of these regions is contributing to the positive growth of fortified wine market. The U.S., the U.K., China, Germany, and Canada are the major importers of fortified wine. Europe is found to be the major exporter of fortified wine and exports to major countries of North America and Asia Pacific.

Market Segmentation

Global Fortified Wine Market is segmented by Fortified Wine-Type, Taste, Distribution Channel and Region

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Intended Audience

  • Fortified Wine Manufacturers
  • Wine Industries
  • Alcoholic beverage Industries
  • Retailers and Wholesalers
  • Traders, Importers and Exporters

Flavanoids Market Analysis by Process Chain, Demand, Size, Trends and Technology Insights Report 2019 by Major Key Players by MRFR Research to 2023

Market Scenario:

Flavonoids are generally known as plant pigments, found in almost all fruits and vegetables. Flavonoids are water-soluble, and along with carotenoids are responsible for the vivid colors of flowers, fruits, and sometimes leaves. Similar to other phytonutrients, flavonoids are a good source of antioxidants with anti-inflammatory and immune system benefits. Diets including foods rich in flavonoid may prevent health issues, such as neurodegenerative and cardiovascular diseases, due to which the Global Flavonoids Market is expected to grow during the forecast period.

Flavonoids are majorly present in natural foods such as onions, tea, strawberries, kale, grapes, brussels sprouts, citrus fruit, parsley, and many spices. Moreover, Flavonoids belong to the polyphenol class of phytonutrients and have historically been used in Chinese and Ayurvedic medicines for its functional properties. Flavonoids market is growing across the globe due to its several health benefits such as skin protection, improves brain function, blood sugar, and blood pressure regulation, in addition to antioxidant and anti-inflammatory activity.

Key Players:

Flavon International Ltd (UK), Foodchem International Corporation (China), Cayman Chemical (US), Alchem International Pvt. Ltd (India), Triveni Interchem Private Limited (India), Sigma-Aldrich (US), FUJIFILM Wako Pure Chemical Corporation (Japan), and Toroma organics ltd (Germany) are some of the key players in the global flavonoids market.

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Segmentation:

The Global Flavonoids Market has been segmented based on product type, application, and region.

By product type, the global flavonoids market has been classified as anthocyanidins, flavanols, flavones, flavonols, flavonones, isoflavones, and others.

The global flavonoids market has also been segregated, on the basis of application, into functional foods, functional beverages, pharmaceuticals, animal feed, nutraceuticals, and others.

The global flavonoids market has been studied for four regions—North America, Europe, Asia-Pacific, and the rest of the world.

The North American flavonoids market has further been segmented into the US, Canada, and Mexico. The European flavonoids market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The flavonoids market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The flavonoids market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Regional Market Summary:

The flavonoids market in North America is expected to be the largest during the forecast period due to growing health concerns among consumers switching to safer food alternatives. Increasing health issues in the region such as diet-related chronic ailments including cardiovascular diseases, overweight, type 2 diabetes, and obesity are directly influencing the flavonoids market in the region. Europe is expected to witness steady growth in the flavonoids market since population is gaining awareness regarding the several benefits of flavonoids in food. There is growing awareness about the preventive functions of flavonoids in countries such as Germany and the UK, for instance, flavonoids reduce the risk of Parkinson’s. These factors are further increasing the consumption of berries, apples, orange juice, tea, and red wine which are rich in flavonoids and is expected to boost the regional market growth during the forecast period.

Asia-Pacific is expected to be the fastest-growing market for flavonoids during the review period due to growing inclination for a diverse variety of foods that have functional properties. Moreover, high population of the region, changing lifestyle trends, rising per capita disposable income and growing number of health-conscious consumers are further fuelling the regional market growth. The flavonoids market in the rest of the world is expected to witness substantial growth due to the rising preference for healthy food and its associated health benefits. Pharmaceutical manufacturers are utilizing flavonoids to increase the nutritional value of the end products further. These factors are expected to boost the regional market growth during the forecast period.

Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/flavanoids-market-2168

Intended Audience

  • Flavonoids producers/processors
  • Commercial research and development institutions
  • Raw material suppliers and distributors
  • Government and research organizations
  • Traders, exporters, and importers

Savory Ingredients Market Growth, Trends, Absolute Business Opportunity And Value Chain -2023

Market Scenario:

Savory Ingredients are used in food & beverages and pet industry for several purposes, such as enhance flavors, aroma, and taste of the products. It provides appealing texture and maintains product quality. These ingredients give a natural aromatic flavor and are mostly used in the production of instant food, meat products, nutritional food, and seasonings. Moreover, these ingredient is cost-effective, due to which many food processing industries is using them as a stabilizer, emulsifier, thickening agent and others in food products which is also expected to fuel Savory Ingredients Market growth.

Increasing health consciousness among the consumers and increase in demand of ready to eat and cook food products is fueling the growth of the global food savory ingredients market.

There is a growing demand for healthy and nutritious food products, including products with “all-natural” and “clean label” claims. Advancements in technology and improved distribution networks in developing countries have led to substantial growth opportunities for the savory ingredients. Furthermore, increased focus on R&D is fetching innovations in a diverse set of applications in several product categories.

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Segments:

The global savory ingredients market is segmented into type, source, function, and application.

On the basis of type, savory ingredients market is segmented into yeast extract, starch, protein, monosodium glutamate, nucleotides and others. Among all, the monosodium glutamate segment will witness exponential growth rate during the forecast period, as it acts as a thickening and stabilizing agent in food products.

On the basis of source, savory ingredients market is segmented into natural and synthetic. Among all, natural source segment holds the major market share, due to health consciousness among consumers.

On the basis of application, it is segmented into food and feed. Among all, the  food segment dominates the market followed by feed industries owning to its high application as a food texture enhancer.

Regional Analysis:

North America will witness maximum growth in the Savory Ingredients market followed by Europe. In terms of value, the market size of North America will continue to be high with more than half of the market share. The increasing per capita disposable income in India and China and growing demand for ready-to-cook and ready-to-eat food products will drive the demand for savory Ingredients.

Furthermore, changing lifestyle and shifting food consumption pattern in countries like China and India will propel the growth of savory ingredients in the Asia Pacific. High volume consumption of sauces and noodles in Asia Pacific region is expected to grow the fastest in near future.

Key Players:

Some of the key players profiled in the global Savory Ingredients market: Koninklijke DSM N.V. (Netherlands), Ajinomoto Co. Inc. (Japan), Kerry Group plc (Ireland), Tate & Lyle plc (UK), Givaudan S.A. (Switzerland), Symrise AG (Germany), Sensient Technologies Corporation (U.S.), Vedan International (Holdings) Limited (Hong Kong), AngelYeast Co. Ltd. (China) and among others.

Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/savory-ingredients-market-1818

Intended Audience:

  • Savory Ingredients Manufacturers/ Dealers
  • Processed Food Manufacturers
  • Research Institutes and Organizations
  • Savory ingredients importers and exporters

Alginates Market Insights, Business Opportunities, Competitor Analysis, Forthcoming Developments & Future Investments 2019 to 2023

Global Alginate Market – Overview:

The Alginate market is gaining popularity among various industries owing to its increasing application. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Alginate Market Research Report- Forecast to 2027 that the market will demonstrate a remarkable growth during the forecast period.

Alginate is present in the cell walls of brown algae, as the calcium, magnesium and sodium salts of alginic acid. Alginates are refined from brown seaweeds. A wide variety of brown seaweeds of the phylum Phaeophyceae are harvested globally and converted into raw material, commonly known as sodium alginate. Sodium alginate is widely used in various industries including food, textile printing and pharmaceutical. Dental impression material utilizes alginate as its means of gelling.

The use of the alginate in food & beverage industry is legalized by major regulatory agencies including FDA and European Commission which drives its demand. The growth of food & beverage industry in Asia Pacific owing to rise in population is anticipated to boost the demand of alginates in this region. Alginate is mainly used in the pharmaceutical industry for the production of controlled release drugs due to superior product performance. Therefore, the growth of pharmaceutical industry will have a positive impact on the growth of alginate market. Moreover, increasing application of alginate in bakery and confectionery will propel the growth of alginate market.

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Latest Industry Updates:

Nov 2017 Algaia S.A. introduces Satialgine DVA, a next-generation seaweed extract ingredient for dairy and non-dairy desserts. This alginate line provides a unique rich and creamy texture in desserts such as low-fat dairy flans.

May 2017 Algaia, S.A., and AIDP, Inc. announce their entry into a distribution partnership to market Algaia’s alginates and other specialty marine-based solutions to customers in Canada, USA and Mexico.

March 2017 DuPont acquired FMC’s health and nutrition business and divested a part of their crop chemical business. The business of FMC’s health and nutrition business included carrageenan, alginates, cellulose and other gums used as food ingredients.

Jan 2017 Algaia has bolstered its growth in specialty marine ingredients by completing the acquisition of Cargill’s Alginate business and manufacturing plant.

Global Alginate Market – Competitive Analysis:

With the entry of industry players in the Alginate segment, a trend of solid, volume- driven growth has been observed in the market. Key players in the Alginate market are focusing on expansions, acquisitions, mergers and new product launches. Acquisition is the main focus of the competitors in order to expand their business and increase their market base. R&D and product innovations are driving the growth of the market. There is continuous efforts by the key players to innovate their product offerings in the market. 

The key players profiled in Alginate market are CP Kelco (U.S.), Ingredients Solutions Inc. (U.S.), Cargill (U.S.), P.L. Thomas & Co. (U.S.), Ingredion Incorporated (U.S.), Foodchem International Corporation (China), Kimica (Japan)

Global Alginate Market – Segments:

The global Alginate market has been divided into type, form, distribution channel, and region.

On The Basis Of Type: Laminaria, Macrocystis, Ascophyllum, Lessonia, Durvillaea, Ecklonia, and Others

On The Basis Of Function: Thickeners, Emulsifiers, Stabilizers, Acidity Regulators & Others

On the Basis of Application: Food and Beverages, Biofuels, Textile Industry, Paper and Pulp, Pharmaceuticals and Others

On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Browse The Full Research Report At@ https://www.marketresearchfuture.com/reports/alginates-market-1581

Global Alginate Market – Regional Analysis:

The global Alginate market is segmented into North America, Europe, APAC, and Rest of the World (RoW). APEJ is expected to be the fastest growing region over the forecasted period. The key players of alginate market are dominantly present in Europe which is driving the growth of the market in this region. The richness of raw materials in Chile and Norway supports the production growth.

The consumption of the product in Asia Pacific is expected to rise due to the rapid development of the textile and food & beverage industry. The penetration of the product in the pharmaceutical industry in this region is currently limited due to their low usage in the developing economies. However, this creates a potential for the market to expand, which is projected to boost the consumption of the product over the forecast period. In Central and South America, the growing demand for jellies, ice creams, and lactic acid drinks is expected to drive the market growth over the forecast period.

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