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Edible Flowers Market by Major Players, Supply, Demand, Market Dynamic Forces & Forecast 2023

Market Definition:

Edible flowers are gaining popularity since they are safe to consume and offer health benefits. Moreover, edible flowers as functional ingredients serve as a source of natural antioxidants in food products.

The Global Edible Flowers Market has been divided, by application, into foods, beverages, and garnish. The garnish segment is expected to dominate the global edible flowers market during the assessment period since edible flowers are mostly used to enhance the appearance of foods with their vibrant colors. The foods segment is projected to record the highest CAGR due to the growing demand for edible flowers to impart substantive flavor to food products.

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Market Scenario and Key Factors:

Based on flower type, the global edible flowers market has been segmented into rose, hibiscus, jasmine, marigold, lavender, pansy, and others. The rose segment is expected to dominate the global edible flowers market during the forecast period due to the use of rose petals and rosebuds for their distinctive taste in several consumables such as rose tea, cocktails, cookies, jams, candies, and rose-scented honey. The anti-inflammatory properties and high antioxidant content in roses help protect against cell damage and improve digestion. The lavender segment is expected to be the fastest-growing during the forecast period owing to the widespread application for the subtle sweet flavor and pleasant aroma of these flowers. Lavender is mostly used in salads and dressings. It is also used as cake decoration or paired with a variety of cheeses. In the US, lavender is widely used to make scones and flavored marshmallows.

Key Players:

Some of the key players in the global edible flowers market are Agriver Ltd (Israel), Cottage Botanicals (Canada), Fresh Origins, LLC (US), Maddocks Farm Organics (UK), Nouvelle Fresh (South Africa), Herbs Unlimited (UK), Petite Ingredient (Australia), J&P Park Acquisitions, Inc. (US), the Edible Flower (UK), and Nurtured in Norfolk (UK).

Segmentation

The Global Edible Flowers Market has been segmented based on flower type, application, and region.

By flower type, the global edible flowers market has been segregated into rose, hibiscus, jasmine, marigold, lavender, pansy, and others.

Foods, beverages, and garnish are the application segments of the global edible flowers market.

Regional Analysis

The Global Edible Flowers Market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

Europe is expected to dominate the global edible flowers market due to the high consumption of these flowers in bakery products. Bakers are becoming more creative with garnishing to enhance the look of products. The edible flowers market in Asia-Pacific is expected to grow rapidly since food products with innovative appearances are highly appreciated by the consumers in the region. Other factors such as high population and improving living standards are expected to fuel the growth of the edible flowers market in Asia-Pacific during the forecast period.  

Gummy Vitamins Market Research Report, Size, Growth Factors, Segmentation, Competitor Strategy, Industry Trends and Forecast to 2023

Market Definition:

Gummy vitamins contain essential vitamins and minerals providing proper nutrition to the human body, provided the dosage is right. Market Research Future (MRFR) has published a research report regarding. The key factors driving the growth of gummy vitamins market include a growing number of athletes and health-conscious consumers, growing awareness of intake of dietary supplements for nutritional requirements fuels demand, and use of sugar-free fiber ingredients. However, the market growth can hit breaks due to the side effects resulting from overconsumption.

Market Scenario and Growth Factors:

Global Gummy Vitamins Market That Predicts Growth For This Market Between 2017 And 2023. In terms of cash, the market that is worth the USD 271.2 mn in 2017 is expected to be worth the USD 405.5 mn in 2023.In the Food & Beverages industry, the number of health supplements is ample, and their market is huge. The flavors and marketing that makes one health supplement stand out among the others. Therefore, Gummy Vitamins are gaining popularity as they are chewable like chewing gums.

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Key Players:

The key players in the global gummy vitamins market include ABH Labs LLC, Bayer AG, Boli LLC, Contract NUTRA, Ernest Jackson, Ferrara Candy Company, F.Hunziker + Co AG, Gimbal Brothers Inc., Makers Nutrition LLC, Melrob Group, Nutra Solutions USA, Santa Cruz Nutritionals, Sirio Pharma, Softigel, and Vitakem Nutraceutical Inc.

Segmentation:

The global gummy vitamins market has been segmented on the basis of basis of age group, distribution channel, product type, and lastly, region. Based on the age group, this market has been segmented into 1-5, 6-18, and above 18. As per distribution channels, the market has been segmented into store-based and non-store-based. The store-based distribution channel has been sub-segmented into convenience stores, specialty stores, supermarkets & hypermarkets, and others. On the basis of product type, the market has been segmented into single vitamins and multivitamins. Single Vitamins have been sub-segmented into Biotin, Vitamin C, Omega & DHA, and others.

Regional Analysis:

The regional segmentation of the Global Gummy Vitamins Market segments the market into continent-based regional markets known as North America, Europe, Asia Pacific, and the Middle East & Africa (MEA). North America is the largest regional market. The factors driving the market growth in this region include large number health-conscious people in this region, the research and development (R&D) along with investment on the production of new gummy vitamins and the presence of several key market players in North America. The primary country-specific markets in this region are the United States of America (USA), Canada and Mexico. Many key market players are based in the USA.

Europe is another important regional market due to the high density of population and a large number of health conscious people in this region. In this region, the significant country-specific markets are France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Europe. During the forecast period, Asia Pacific has the potential to emerge as the fastest growing market due to high demand as well as sales of health supplements in this region. The major country-specific markets in this region are Australia, China, India, Japan, and New Zealand.

The RoW segment covers Latin America and the Middle East & Africa (MEA). In Latin America, Argentina and Brazil have strong economies, and they might emerge as big markets in the future. The MEA region shows limited market slow and steady growth. The reasons for the slow market growth in this region are lack of awareness, lack of technological development, lack of education, political instability, poor access to treatment, poor healthcare facilities, and healthcare not considered a priority by most governments.

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Tea Market Research, Competitor Strategy, Industry Trends and Forecast to 2023

Market Overview and Key Restraints:

Tea has gradually earned its popularity as a beverage which has been instrumental in shaping the tea market. Health-conscious consumers invariably prefer functional drinks over other carbonated beverages. To tap these consumers, various F&B companies are foraying into the tea space and launching different variants of tea-based beverages. In addition, the introduction of newer varieties of teas such as purple tea, green tea, and matcha have also contributed to the growth of the global tea market. Green tea, kombucha, and matcha tea, of late, has gained immense foothold in the tea market since they have functional properties, the most desirable one being weight loss.

The Global Tea Market is expanding rapidly and is expected to reach a significant high over the forecast period of 2018-2023. One of the preliminary factors driving the growth of the tea market is the health benefits associated with it. Moreover, such tea varieties are increasingly being introduced as ready-to-drink beverages which further augments the growth of the market. Crossbreeding of tea varieties has led to the introduction of new clones which coupled with the adoption of good agricultural practices has led to the betterment of tea varieties. However, the growth of the global tea market might be hindered by raising awareness regarding the ill effects related to caffeine, which is found in tea. Tea is proven to have plentiful health benefits such as strengthening the body’s immune system, bones, and teeth. Moreover, being loaded with antioxidants, the intake of tea is also considered to reduce the risk of cardiovascular diseases, cancer, and kidney stones other than improving cholesterol levels and blood vessel functions.

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Competitive Dashboard:

The notable players operating in the Global Tea Market include Associated British Foods plc (UK), ITO EN Inc. (US), Unilever (The Netherlands), Taetea (China), Nestlé (Switzerland), and Apeejay Surrendra Group (India).Tata Global Beverages (India), Barry’s Tea (Ireland), McLeod Russel (India).

Segmentation

The global tea market has been segmented based on type, form, distribution channel, and packaging type. By type, the market has been segmented into black, white, green, oolong, and others. By form, the market has been segmented into powder, leaves, and others. By distribution channel, the market has been segmented into store-based and non-store based. By packaging type, the market has been segmented into tea bags, bottles, cans, pouches, and others.

Industry Updates

  • In October 2018, Gratitude Health, US-based ready-to-drink beverage maker launched ready-to-drink green tea range. Called Gratitude Dragon Well Green Teas, the new range is certified by the US Department of Agriculture (USDA) and is available in different flavors such as wild berry, peach, mint, blood orange favors and original.
  • In October 2018, Arunachal Pradesh, India, is going to host the first ever auction of purple tea in the country at Guwahati Tea Auction Centre. The tea is being made from plants rich in anthocyanin and is said to have 15 times more flavonoid than wild blueberries.
  • In October 2018, Sainsbury, a leading chain of supermarkets in the UK, launched two unique flavors in tea. The two new flavors include Brussels sprouts and pigs in blankets.

Regional Analysis:

The emerging economies of Asia Pacific have liberalized their market which supports the tea market growth in Asia Pacific. In addition, the inflow of foreign direct investment attracted by the low-cost advantage that the region offers has boosted the growth of the tea market. China is one of largest tea consuming countries in the world driven by raising awareness regarding the health benefits of tea and high demand for hot beverages. Regionally, the global tea market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World. Asia Pacific is leading the global tea market. The Asia Pacific region is ideally suited for the production of tea with subtropical monsoon climates with hot summers and relatively cold and dry winters.

North America is expected to be the fastest growing market for tea over the forecast period. Growing inclination of the consumers in the region towards tea and shift in preference from tea to coffee enticed by its health benefits will be instrumental in driving the growth of the North America tea market. The US is one of the largest importers of tea in the world.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Function

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Protein Ingredients Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast -2023

Market Definition:

The global protein ingredients market is eyeing for a healthy market growth at a remarkable 3.8% CAGR over the forecast period (2017-2022). Protein plays a pivotal role to repair and heal the human body. The long list of protein ingredients has wide applications in the health and wellness domain including muscle protection, pre-workout fuel and post-workout replenishment. Soy and whey protein ingredients are the most widely used. Surge in healthcare products and increase in livestock consumption the world over has resulted in the requirement for protein ingredients in various manufacturing industries namely personal care and cosmetics, animal feed and pharmaceutical. Protein powder has unique properties that is much more convenient compared to whole foods such as dairy products, eggs, fish and meat with enhanced forms and inclusion of different flavors which has resulted in its wide acceptance in different industrial applications.

Market Scenario and Key Factors:

There are myriads of factors that is propelling the protein ingredients market growth. The different market factors and trends in this market according to an analysis conducted by MRFR (Market Research Future) include consumer preference for healthy diet, increasing need for animal products, rising demand for soy proteins in different food applications, increasing need for fortified food products, robust demand for foods and beverages that are rich in protein together with specific needs such as muscle growth and weight management control, easy preparation and the possibility of consuming on-the-go, technological advancements in processing as well as overall product development and increasing sales of sports nutrition and functional foods rich in protein. However, fluctuation in the raw materials’ cost, volatile price of the products and stringent rules and regulations imposed on animal proteins may hinder the growth of the global protein ingredients market.

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Key Players:

Leading players profiled in the protein ingredients market include Nutripea (Canada), Solbar (Israel), Gushen Biological Technology Group Co., Ltd (China), Shandong Sinoglory Health Food Co., Ltd (China), Shandong Yuwang Industrial Co., Ltd (China), Solae (U.S.), and Daniels-Midland Co. (U.S.).

Feb 2019- Darigold is all set to expand its milk product portfolio with FIT, a high-protein, lactose free and ultra-filtered milk. It will provide the same Darigold’s delicious taste but with 40% less sugar and 75% higher protein. This everyday milk is enriched with stronger nutritional value and sans artificial ingredients. Along with FIT milk, Darigold is also providing FIT chocolate that has less sugar and more protein.

Competitive Analysis:

The protein ingredients market is competitive and highly fragmented with the existence of many providers including local and international. The vendors in this market include protein ingredient-based food product manufacturers, distributors of protein ingredients and manufacturers of protein ingredients. There is tough competition in this market with regards to pricing, portfolio and product differentiation.

Market Segmentation:

The MRFR report provides an all-inclusive segmental analysis of the protein ingredients market on the basis of feedstock, form and application.

Based on feedstock, it is segmented into pork, beef, egg, casein, milk, whey, canola, pea, wheat, soy and others. Of these, whey and soy will have the maximum market share.

Based on form, the protein ingredients market is segmented into capsules and tablets, ready to drink, bars, powders and others. Of these, ready to drink segment will dominate the market during the forecast period.

Based on application, it is segmented into pharmaceutical and others, confectionery and other foods, meat additives, sport nutrition, and functional food. Of these, pharmaceuticals will expand at the highest CAGR.

Regional Analysis:

Based on region, the protein ingredients market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, Europe will register the highest market share owing to rising need for products having high protein content. Besides, growth in particular protein nutritional needs for weight management and muscle growth may also drive the protein ingredients market growth in this region. Whey amid animal proteins and canola amid plant proteins are expected to have the fastest growth in the protein ingredients market in Europe. In Asia Pacific, whey amid animal proteins and soybean amid plant proteins is anticipated to have the fastest growth amid various protein ingredients. The largest soybean consumer in the world China supports the soy protein ingredients market.

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Stevia Market Shares, Strategies and Forecast Worldwide, 2019 To 2023

Market Definition and Growth Factors:

Stevia can be easily cultivated, and like any other herbs, they can be stored for several months.

Enticed by the high popularity and advantages of stevia, F&B manufacturing companies are progressively incorporating the product in various beverages and food products. In addition, rigorous marketing efforts are also aiding the growth of the market.  

Health awareness and rising adoption of table sugar alternatives have prompted the growth of stevia in the daily diet of individuals. The sector is driven in a major way by the rising demand for natural plant based sweeteners. Rising health concerns among the consumers and escalating popularity of plant based sweeteners is identified to boost the demand for stevia on a global platform. Health benefits gained out of Stevia consumption are the main drivers to the development of this segment. Growth of the natural sweeteners extracts market is also supporting the growth of this market. However, conflicts related to stevia consumption and debatable correlations with weight gain would affect the growth of this market on a large scale.

High investment and extensive efforts in R&D to innovate and develop new use cases for stevia have also yielded positive results which have boosted the growth of the market. They are being used in functional beverages and health drinks as sweeteners.

On the contrary, the growth of the global stevia market might be hindered by the availability of other natural sweeteners. Besides, stevia leaf availability relies on produce and is subject to seasonal fluctuations which create price instability and acts as an impediment to the growth of the market. Stevia market growth is also constrained by debatable correlations with weight gains. However, raising awareness regarding stevia is likely to augur the growth of the global stevia market over the forecast period.

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Market Scenario and Key Restraints:

The demand for stevia is largely driven by heightening popularity of low-calorie food products. The growing prevalence of diabetes and higher inclination of health-conscious consumers towards low-calorie items induces high demand for stevia. Also, stevia is devoid of sucrose and other carbohydrate compounds which is risky for diabetic patients. Being a non-carbohydrate glucoside compound, stevia is increasingly becoming popular among diabetic consumers.

Stevia is a zero-calorie sweetener derived from a natural source, a plant called Stevia rebaudiana. Stevia is widely used as a food sweetener and food additive and has gained massive momentum across the F&B industry in recent years. The global stevia market is projected to exhibit an upswing and attain a significant valuation over the forecast period which ends in 2023. Stevia is a great substitute for sugar and is progressively used in the F&B industry as a sweetener. Due to the presence of a variety of glycoside compounds such as stevioside, steviolbioside, rebaudiosides A-E, and others which make stevia 40 times sweeter than processed sugar.  

Competitive Landscape:

PureCircle Ltd (Malaysia), Ingredion Inc. (U.S.), Tate & Lyle Plc. (U.K.), Stevia Corp. (U.S.), Cargill Inc. (U.S.), GLG Life Tech Corp (Canada), and Stevia Biotech Pvt. Ltd.(India) are the key players in the global stevia market.

Industry Updates:

  • In December 2018, PureCircle, a global leader and innovator of stevia products, announced new developments as a result of extensive research & development. It has identified high content of proteins, soluble fibers, and antioxidants in stevia plant which can be utilized for applications.
  • A recent pact between Kenya and China is considered to be beneficial for stevia farmers. The deal would allow Kenyan farmers to export their produce to China
  • In December 2018, Amyris, a biotech company announced plans to capture 30% of the global stevia sweeteners market by 2022.

Segmentation:

The Global Stevia Market has been segmented based on type and application.

By type, the global stevia market has been segmented into whole leaf, powder, liquid, and others. The powder segment is expected to exhibit substantial growth over the forecast period owing to its fine form and high sweetness potency.

By application, the global stevia market has been segmented into dairy & frozen desserts, bakery & confectionary, beverages, and others. The beverage segment is the largest segment followed by dairy & frozen desserts segment. Stevia finds extensive application in beverages and dairy products since they can be easily incorporated in these products.

Regional Analysis:

North America, Europe, Asia Pacific, and the Rest of the World (RoW) are the key markets for stevia. North America and Europe dominate the global stevia market. Established food & beverage industry in these regions coupled with high awareness and adoption of natural sweeteners drives the market in North America and Europe.

APAC stevia market is expected to register the highest growth over the forecast period. Increasing disposable income, expanding F&B industry, and growing awareness about the benefits of stevia supports the growth of the market in APAC. Furthermore, changing food consumption pattern in developing countries such as China and India accelerates market growth.

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Probiotic Ingredients Market Research Report 2019 – Detailed Analysis of Future Trends & Growth Opportunities

Market Definition:

Probiotics ingredients prevents bad bacteria from growing and causing inflammation and infection in the body. The probiotic ingredients work by changing the composition of the metabolic activity of bacteria or the gut bacteria in the human body.

Based on form, the global probiotic ingredients market has been segmented into dry and liquid. The liquid segment is anticipated to gain the largest revenue share in the global probiotic ingredients market and shall maintain lead throughout the forecast period. The most important factor in probiotic supplement is to contain live and active cultures. These living cultures contain high number of good bacteria which aids in proper digestion and also lowers the bad cholesterol. The liquid segment is expected to generate the highest revenue as well as grow at the fastest rate since liquid form contains a greater number of live and active cultures.

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Market Potential and Pitfalls:

Liquid probiotic ingredients are used in the production of yogurt and buttermilk. This is a crucial determinant that is catalyzing the growth of liquid form of probiotic ingredients segment in the global probiotic ingredients market. The same segment is expected to grow with the highest growth rate owing to the growth of applications in which liquid probiotic ingredients are used.

The global probiotic ingredients market has been segregated, by source, into bacteria and yeast. The bacteria segment is expected to garner major share in the global probiotic ingredients market owing to higher number of probiotic strains available in bacteria. These probiotics strains help in crowding out bad bacteria, which promotes microbial balance and also helps in stimulating the immune response that causes discomfort and also neutralizes toxins in the gut. the huge availability and healthier benefits than yeast.

The global probiotic ingredients market has been segregated, by application, into functional food, functional beverages, pharmaceuticals, and others. The pharmaceutical segment is projected to gain largest share in the global probiotic ingredients market due to the major application of probiotic ingredients in production of probiotics which are used in the treatment or prevention of many health conditions such as irritable bowel syndrome, diarrhea, and ulcerative colitis. However, the functional food & beverages segment is anticipated to grow with the highest growth rate during the forecast period owing to the growing awareness about the health benefits by the good bacteria from the probiotics ingredients.

Key Players:

Some of the key players in the global probiotic ingredients market are Kerry Group Plc.(Ireland), DowDuPont Inc. (US), Chr. Hansen A/S (Denmark), BioGaia AB (Sweden), Probi AB (Sweden), glac Biotech Co., Ltd. (Taiwan), Bifodan A/S (Denmark), Lallemand Inc.(Canada), UAS Laboratories (US), and Biena Snacks (US).

Segmentation:

The Global Probiotic Ingredients Market has been segmented on the basis of form, source, application, and region.

By form, the global probiotic ingredients market has been classified as dry and liquid

By source, the global probiotic ingredients market has been classified as bacteria and yeast.

The global probiotic ingredients market has also been segregated, on the basis of application, into functional food, functional beverages, pharmaceuticals, and others.


Regional Analysis:

The global probiotic ingredients market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, and Rest of the World.

Asia-Pacific is expected to dominate the global probiotic ingredients market owing to the increasing number of pharmaceutical companies involved in the production of probiotic drugs.

Europe and RoW probiotic ingredients market are expected to grow at a rapid pace due to the surging usage of probiotic ingredients in the regions. Moreover, North America is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of probiotic and increasing preference of healthy food among the consumers in the region.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Source Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Probiotic Ingredients Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

Continued……………………..

Food Allergy Diagnosis & Treatment Market 2023 Extend Growth and Technology Leadership: Vendors, Trends, Challenges, Drivers

Market Overview and Growth Factors:

The food allergy diagnosis & treatment market is estimated to be valued at USD 18,083.2 million by 2023 and expected to grow at a CAGR of 3.14% during the forecast period. Among food source, the seafood segment accounted for the largest market share. However, milk food source segment has been projected to grow at the highest CAGR on account of increasing cases of lactose intolerance in Europe and North America.

In the diagnosis segment, secondary diagnosis steps such as Polymerase Chain Reaction (PCR), Enzyme-linked ImmunoSorbent Assay (ELISA), and others are expected to garner larger market share in comparison to primary diagnosis steps which includes skin prick test, blood test, food elimination diet test, and others. The major factor responsible for the market growth is the growing awareness regarding food-borne allergies and their expensive screening costs.

However, the only bottleneck in the growth trajectory of the global food allergy diagnosis and treatment market are the lack of skilled technical workforce and limitations associated with ELISA testing, such as false positive result, resulting in recurring cost.

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Key Players:

The prominent players in the global food allergy diagnosis & treatment market are SGS S.A. (Switzerland), Intertek Group PLC (UK), TÜV SÜD AG (Singapore), ALS Limited (Australia), Eurofins Scientific SE (Luxembourg), Mérieux NutriSciences Corporation (US), AsureQuality Limited (New Zealand), and Microbac Laboratories, Inc. (US). 

Key Findings of the Study:

  • The global food allergy diagnosis and treatment market is expected to reach USD 18,083.2 million by 2023 from US D 14,849.5 million in 2019 and is expected to register a CAGR of 3.41% during the forecast period from 2019 to 2023.
  • In 2019, the market was led by the Americas with a 50.79% share, followed by Europe and Asia-Pacific
  • On the basis of food source, the seafood segment accounted for the largest market share of 21.86% in 2019. The milk segment is expected to account for the highest CAGR of 3.87% during the forecast period.
  • The ELISA category accounted for the largest market share in the global level with a value of USD 5,240.7 million in 2019.
  • On the basis of treatment, the antihistamines segment accounted for the largest market share of 82.0% in 2019.
  • On the basis of end use the diagnostic centers segment valued at USD 10,612.8 million in 2019.

This research report provides insights into various levels of analyses such as industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Food Allergy Diagnosis & Treatment Market, including the high-growth regions and their political, economic and technological environments. Furthermore, the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

Segment analysis:

The Global Food Allergy Diagnosis & Treatment Market has been segmented on the basis of food source, diagnosis, treatment, end-use, and region. On the basis of food source, the market has been divided into eggs, milk, Food Allergy Diagnosis & Treatment, seafood, tree nuts, wheat, soy, and others. The adverse effects of egg allergy can vary from hives or rashes to a severe allergic reaction known as anaphylaxis. Milk allergy is most common in infants and children; however, it can develop at any age. Food Allergy Diagnosis & Treatment are the most common cause of food allergy. Tree nuts include almonds, walnuts, hazelnuts, pine nuts, pecans, and lychee nuts, among others. Wheat allergy is an allergic reaction caused by the consumption of wheat and food containing wheat. Soy allergy mainly starts in infancy with reaction to soy-based infant formula. Milk segment is projected to grow at the highest CAGR of 3.87% during the forecast period.

Based on diagnosis, the global food allergy diagnosis & treatment market is segmented into primary and secondary. The primary segment includes—skin prick test, blood test, food elimination diet test, and others. This segment is expected to grow at a CAGR of 3.40% over the forecast period.

The secondary methods of food allergy diagnosis are included such as Polymerase Chain Reaction (PCR) methods, Enzyme-Linked Immunosorbent Assay (ELISA) method, and others. If food allergy detection fails through ELISA, PCR method is used to detect the allergen. PCR segment is projected to grow at a CAGR of 3.68% over the forecast period. ELISA is a sensitive method to test the presence of the antigen. This segment is estimated to grow at a CAGR of 2.57% over the forecast period.

On the basis of treatment, the global food allergy diagnosis & treatment market is segmented into antihistamines and adrenalin & corticosteroids. Antihistamines & corticoids segment is projected to grow at the highest CAGR of 3.42% over the forecast period while adrenalin segment is expected to grow at a CAGR of 3.39% over the forecast period.

By end-use, global food allergy diagnosis & treatment market has been segmented into hospitals & clinics, diagnostic centers, and research institutes. The hospital & clinics segment accounted for the larger market share of 71.5% in 2019. However, the diagnostic centers segment is projected to exhibit a higher CAGR of 3.47%.

Regional Analysis

Geographically, the global food allergy diagnosis & treatment market is segmented into Asia-Pacific, Europe, Americas, and the Middle East & Africa. As per MRFR analysis, Americas dominated the market, accounted for the largest share of the market in 2019, and expected to grow at a CAGR of 2.93%. Americas market is followed by Europe, which is accounting for the second largest number of shares in the global food allergy diagnosis & treatment market, as of 2019. Europe is estimated to reach USD 6,826.4 million by the end of 2023. Asia-Pacific is expected to have the largest market share during the forecast period and is also expected to grow with the highest CAGR of 4.56%, in 2019.

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Frozen Foods Market 2019 to 2023 – Market Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts

Market Overview and Growth Factors:

The convenience of preparation and availability of high quality processed food is expected to bolster the growth of the global frozen foods market during the forecast period. Modern food freezing technology results in minimal changes in the quality of food items during processing and helps maintain the nutritional value of the food item.

The global frozen foods market has been segregated, by distribution channel, into food service and food retail. The food retail segment has been further divided into supermarkets and hypermarkets, convenience stores, and others. The food retail segment is expected to generate higher revenue, with the supermarkets and hypermarkets sub-segment being the largest due to the strong and widespread network of stores. The segment is also expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online retailing.

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Market Scenario:

Based on product type, the global frozen foods market has been segmented into fruits and vegetables, meat, poultry, and seafood, bakery and confectionery, dairy and frozen desserts, and others. The meat, poultry, and seafood segment is expected to account for the largest share of the global frozen foods market during the forecast period. Consumers prefer frozen meat, poultry, and seafood due to their higher nutritional content as compared to other processed foods. Moreover, freezing makes these products available, especially in places where access to fresh produce is limited. The segment is also expected to register the highest growth rate during the review period owing to the growing demand for convenience foods in the market.

Key Players:

Some of the key players in the global Frozen Foods Market are General Mills Inc. (US), Conagra Brands, Inc. (US), Grupo Bimbo, SAB de CV (Mexico), Nestlé S.A. (Switzerland), Unilever PLC (UK), Kellogg Company (US), McCain Foods Limited (Canada), The Kraft Heinz Company (US), and Vandemoortele NV (Belgium).

Regional Analysis:

The global frozen foods market has been segmented, on the basis of region, into North America, Europe, Asia-Pacific, the rest of the world.

North America is expected to dominate the global frozen foods market owing to the large-scale production of frozen foods with the US and Canada being the largest producers and consumers of frozen foods in the region. Asia-Pacific is expected to be the fastest-growing frozen foods market during the review period due to the rising consumption of ready-to-eat and ready-to-cook frozen foods in the region.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

Continued………………………………………………..

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