Global Sports Drinks Market Research Report - Industry Insights by Type, Packaging, Application and Distribution Channel

The up surge in the level of urbanization has been propelling consumer demand in all domains. Their changing lifestyle is encouraging them to adopt healthy drink habits. This is also driving the demand for sports nutrition products including the sports drinks, such as protein drinks, non-protein drinks and herbal drinks.

The shift in consumer trend is also encouraging the sports drinks manufacturers to evolve new products that can suffice people to attain their health goals faster. Africa and Asia are regions with fastest rate of urbanization.

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The developed countries such as the U.S. and countries in Europe are the major markets for sports drinks products, due to their high disposable incomes; however, the emerging economies in Asia-Pacific are expected to be major growth drivers for the market during the forecast period. The low awareness in the developing countries as compared to the western markets is the key reason for less market share of eastern countries in the global sports drinks market. Moreover, the low disposable income of consumers and use of products limited only to elite class people have also been hindering the growth of the market earlier.
 

The distribution channels play an important role in the development of sports drinks market. The penetration of large format retail including supermarkets and hypermarkets, and online shopping for groceries has been increasing, especially in the developing countries which are also augmenting the growth of the consumer food and beverage industry.

The large format retail offer products at cheap prices, as compared to other types of retail. On the other hand, the online channels provide convenience to consumers. Shopping at modern retail is beneficial for both types of consumers, who have less time for shopping and  are price sensitive. The increasing disposable income of consumers in the developing countries has been encouraging them for bulk purchase of groceries, including sports drinks at supermarkets and hypermarkets.

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The major companies operating in the global sports drinks market include Glanbia Plc, PepsiCo Inc., The Coca Cola Company, Monster Beverage Company, and ClifBar, MusclePharm Corporation.

Global Food Coating Ingredients Market Research Report – Industry Insights by Types and Applications

The up surging bakery and confectionery industries, increasing demand for convenience foods, growing consumer demand for food protection agents are some of the factors, driving the growth of the global food coating ingredients market. The consolidating industry of food coating ingredient is a key trend that can be seen in the global food coating ingredients market.

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The higher economic growth and busy lifestyles are also driving the growth of the frozen food market, and consequently driving the upsurge in the_ food coating ingredients market within the region. Due to the increasing health awareness, the demand for foods with organic ingredients has been propelling, which is providing growth opportunities for the global food coating ingredients market.

The growing demand for bakery products and up surging domestic bakery production in North America is intensifying the growth of the food coating ingredients market in the region.

The chocolate industry is growing at a rapid pace, which is offering considerable growth opportunities for the cocoa and chocolate segment in the Rest of the World market. The rapid industrialization and increasing disposable incomes are propelling the demand for food coating ingredients. With the increasing disposable income, the consumers are willing to pay extra  for health enhancing products. The innovative new product development that effectively target the most pertinent consumer needs, such as meeting age-specific nutritional needs, and getting the best value and convenience are up surging the growth of the food coating market.  

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The major companies operating in the global food coating ingredients market include Archer Daniels Midland Company (ADM), Cargill Inc., E.I. du Pont de Nemours and Company, Ashland Inc., Ingredion Incorporated, Agrana Beteiligungs AG, Kerry Group, Döhler GmbH, PGP International Inc., and Balchem Corporation.

Global Beauty Drinks Market Size, Share, Development, Growth and Demand Forecast to 2023

The growing consumer awareness towards anti-aging products and healthy drinks has produced many new drinks categories, such as functional and beauty drinks. The consumers in developed countries prefer functional drinks with added vitamins and minerals over its counterparts, such as carbonated soft drinks. The beauty drinks and functional drinks has gained significant market share over the past three years.

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The ingredients with high antioxidants, such as botanical extracts from fruits and other plants, minerals and vitamins are used in beauty drinks. Some of the other major ingredients of beauty drinks include exotic berry, tea polyphenols, açai extract and EGCG (epigallocatechin gallate). Beauty drinks are consumed for the rejuvenation of skin, nails, and hair.  

The consumer between 16-35 years of age (younger women), is expected to account for the largest market share during the forecast period. The convenience associated with beauty drinks, along with low or zero side effects of these drinks are propelling its demand among the younger women. The innovative distribution channels, such as e-commerce has also boosted the growth of the global beauty drinks consumption during the past few years.

At present, the global beauty drinks market is at its embryonic stage. Both, the product and the competitors are in small numbers. However, with significant growth projection for this market over the coming years, the major players of carbonated soft drinks and functional drinks are expected to enter in this market.

North America is expected to witness the fastest growth during the forecast period. Japan, South Korea, and China are some of the fastest growing markets in Asia-Pacific. The growing number of health and beauty conscious consumers in China along with aging population in Japan is the dominant growth driver of the beauty drinks market in Asia-Pacific. Country wise, the U.S. is projected to witness the fastest growth during the forecast period.

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In recent years, many players from food industry, such as Samyang Group (China) have entered in beauty drinks market.  The barriers for entry in this market are low for food companies.
The major players operating in global beauty drinks market include The Coca-Cola Company, Zoppas Industries Group, Sappe Public Company Limited, DyDo DRINCO, INC., Big Quark LLC, and Nestlé S.A.

Global Wood Vinegar Market Research Report - Growth and Demand Forecast to 2023

The factors driving the growth of the global market include improved crop yield, increasing base of end-use industries, increased government initiatives for bio-based products, and stringent environmental regulations. The key trend witnessed in the global market is poverty alleviation. Wood vinegar can be produced at either small scale or large scale in villages, utilizing local resources and feedstock. Wood vinegar production is helping to reduce poverty in several developing or underdeveloped countries. 

The global wood vinegar market is at its nascent form. Currently, very few players across the globe are involved in large scale production of wood vinegar. However, the distinct governments and organizations in several countries across the globe are framing regulations for bio-based economy and promoting bio-based products, which are supporting the growth of biochar production and biorefineries. As wood vinegar is a byproduct of char or biochar production, the government initiatives indirectly creates abundant opportunities for the growth of the wood vinegar market globally.

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Based on application, the agriculture segment dominated the global wood vinegar market during 2013-2015 in terms of value and volume, and it is expected to retain its dominance throughout the forecast period. The growth of agriculture application segment in the market is primarily driven by several advantages offered by wood vinegar in agricultural practices, such as root growth stimulation, improved seed germination, increased disease resistance in plants, and soil enrichment.

In 2015, Asia-Pacific held the largest share in the global wood vinegar market. The major reasons behind the growth of the market in the region are the large base of end-use industries and presence of a large number of local manufacturers in the region.

The information and data in the publication “Global Wood Vinegar Market Size, Share, Development, Growth and Demand Forecast to 2023”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down approach has been used to calculate the market size. P&S Market Research analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.

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Among the various manufacturing processes, the slow pyrolysis manufacturing was the prominent process in the global wood vinegar market, during 2013-2015, in terms of value and volume of wood vinegar produced; also expected to retain its dominance throughout the forecast period.

Some of the major players operating in the global wood vinegar market are Ace (Singapore) Pte Ltd., TAGROW CO. LTD., Byron Biochar, Canada Renewable Bioenergy Corporation, NAKASHIMA TRADING CO. LTD., Nettenergy B.V., and Taiko Pharmaceutical Co. Ltd.

Global Seasonings and Spices Market - Size, Share, Development, Growth, and Demand Forecast to 2023

The growth in the market will be led by the increasing awareness on the medical benefits of spices, the rising demand for ethnic cuisines, and the growing popularity of convenience foods.

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In terms of product, the seasonings and spices market has been categorized into whole and ground. The whole seasonings and spices market is expected to grow at higher rate over ground, in terms of volume and value, during the forecast period. The faster growth of the segment is due to the convenience of processing whole spices, from both the industrial and the residential perspective.

 On the basis of end use, the seasonings and spices industry has been categorized into industrial, food service, and retail. Due to the growing usage of seasonings and spices in food processing industries to meet the consumer demand, the industrial sector is expected to grow at a CAGR of 4.9% and 6.0% in terms of volume and value, respectively, during the forecast period.

Asia-Pacific will remain the largest market during the forecast period
The seasonings and spices market is expected to generate largest revenue in Asia-Pacific, accounting $10,439.6 million in 2017. The market is being driven by factors such as the heavy consumption of seasonings and spices in South Asian countries, growing spice consumption in the Far East, and growth in the seasoning and spice production in the Asian countries.

From supply side, the Asia-Pacific seasonings and spices industry growth is driven by increase in the production of spices in different countries, favorable environment and climatic conditions for spice production, and support from government agencies to increase spice production. For example, in September 2016, the National Bank for Agriculture and Rural Development (NABARD) in India announced its plan to provide financial support to promote 200 farmer producer companies (FPOs) in Tamil Nadu.

Major players launching innovative products to gain a larger market

Key players in the seasonings and spices industry are launching new products to gain a larger market share. For instance, in August 2017, Sleaford Quality Foods Ltd. introduced eight new spices and herbs to its Chef William pot range. Products introduced included yellow mustard seeds, onion powder, celery seeds, and juniper berries. The company further aims to increase its penetration in the food industry by expanding its product portfolio. Similarly, in January 2017, McCormick & Company Incorporated launched new products in the market to bring flavors from across the world to kitchens and grills. Products launched included Korean BBQ marinade mix, Hawaiian woodfire grill marinade, Brazilian steakhouse seasoning, and Cajun hot sauce.

Some of the other key players operating in the seasonings and spices market are Everest Spices, Mahashian Di Hatti Pvt. Ltd., DS Group, Fuchs Group, Paras Spices Pvt. Ltd., Unilever Group, Ajinomoto Group, The British Pepper & Spice Company Limited, Brake Bros Ltd., Jamie Oliver Enterprises Limited, TRS Group, Camstar Herbs Ltd., and Natco Foods Ltd.

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Overview of Global Salt Market

On the basis of type, the global salt market has been segmented into sea salt and rock salt. The sea salt market is expected to grow at a CAGR of 3.1% and 4.7% in terms of volume and value, respectively, during the forecast period. As compared to rock salt, sea salt is widely consumed in most of the countries in the world, owing to its better compatibility with food items, greater nutritional value in terms of high content of trace minerals, and more health benefits. The presence of the world’s two biggest salt-producing nations in the region – China and India, makes Asia-Pacific the largest salt market globally.

Explore Industry Insights in Global Neem Extract Market Size, Share, Development, Growth and Demand in Upcoming Years

The global neem extract market is booming due to the growing interest of people towards bio-based products. Neem extract is an import-led market, mostly dependent on exports from the Asian countries such as India. The key importers from India are U.S., Vietnam, North Korea, Spain, and Italy. 

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Globally neem extract is used in three broad application areas, including agriculture, health and personal care, and animal products; where agriculture dominated the market in 2015. Based on product type, the market is categorized into seed extract, leaf extract and bark extract, where seed extract segment witnessed highest sales in 2015. The neem extract market is highly fragmented with very small-sized players who do not have a fix channel for international sales, except online marketplace.

The increasing concern of people and regulatory authorities towards harmful effects of chemical-based fertilizers and pesticides on human health has been compelling farmers to use bio-based farm products. This has led to significant increase in demand for bio-based fertilizers and pesticides. Following the effect, the demand of neem extract based fertilizers and pesticides are also escalating. The demand for organic food has also been increasing in the recent past, especially in Europe, where people are preferring products with organic label due to which retailers are increasing the percentage of organic products in their shelves.

Countries such as Spain, France and Denmark have reduced the agricultural chemical usage by about 30%. Among the Asian countries, Australia is the leading market for bio-based products, including neem extract based fertilizers and pesticides. China and India are the other major countries in the region using neem extract based farm products. In 2016, Indian Farmers Fertilizer Cooperative Limited (IFFCO) announced a scheme under which the organization will purchase neem tree fruits from farmers to increase the production of bio based fertilizers in the country. IFFCO itself has planted about 150,000 neem saplings in the recent years. The Indian government has also made it mandatory to produce neem coated urea.

Brazil and China have observed neem as a highly beneficial tree, which is leading them to invest in its plantations. While China has already started investing in neem plantations, Brazil is looking for private sector investors for the same. This not only hints at their domestic neem extract consumption growth but also provides increasing opportunities for its international trade. With Brazil becoming one of the exporter, the import of neem extract by certain countries (such as North America) is expected to increase in the long run.

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The major companies operating in the global Neem Extract market include E.I.D. Parry (India) Limited, Neeming Australia Pty Ltd., P.J. Margo Pvt. Ltd., Agro Extract Limited, Ozone Biotech Pvt. Ltd., GreeNeem Agri Private Limited, Fortune Biotech Ltd., The Indian Neem Tree Company, Bros India Group. Other key players include Certis USA LLC, Bayer AG, American Vanguard Corporation, Terramera Inc., and Grupo Ultraquimia and Bioneem Technology Industria e Comercio Ltda.

Global Industry Insight in Savory Snacks Market - Development and Demand in Upcoming Years

The global savory snacks market is being driven by the rising urbanization, increasing per capita income (especially in developing countries), and changing food culture. The high growth of savory snacks market in Asia-Pacific region is mainly coming from the increasing demand from China and India, as they constitute large part of the global and regional population. 

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The healthier alternatives to savory snacks, such as bakery products, fresh fruits, and juices, are hindering the savory snacks market growth; which is compelling companies to offer healthier snacking options. The demand for small pack sizes have been increasing considerably in certain countries, such as India and Mexico, due to increasing consumption from lower income groups and demographic changes.

People are demanding varieties in snacks, which is encouraging companies to launch new products. Several companies have been announcing the launch of products with new tastes, flavours, and shapes to maintain their competitiveness in the market. Moreover, customers’ increasing inclination towards organic foods is compelling the savory snack companies to innovate their products for customer retention.

Earlier, snacks were considered as a break time light food. However, in the recent times people have been increasingly eating them between the meals. Snacks are being considered as fourth meal of the day in U.S. Americans are forerunners amongst the snack eaters between the meals as they love to snack everywhere from theater, to workplace, to car, and even on the subway. A similar culture exists in Brazil, where snack is a part of breakfast.

The U.K. leads the savory snacks market in Europe; however, it is not the largest consumer in terms of per capita consumption. Countries such as Netherlands, Norway and Spain have a greater per capita consumption of savory snacks as compared to their British counterparts. According to European Snacks Association (ESA), the average annual per capita savory snacks consumption in Europe is about 3.6 kilogram.

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The increasing numbers of supermarkets and hypermarkets coupled with growing per capita income is encouraging people for bulk buying of savory snacks, which is mostly offered by the large scale retail. Convenience stores are another format which is growing at global level due to peoples’ growing demand for convenience.

The global savory snacks market has a fragmented structure with a large number of companies operating in the market. Some of the major companies include PepsiCo., Kraft Foods, ConAgra Foods, CALBEE, Diamond Foods, General Mills, Intersnack Group GmbH, Lorenz Bahlsen, Kellogg company, and Orkla ASA.

Explore Enteral Nutrition Market - Applications, Technology Trends, Growth Drivers and Challenges

The factors driving the growth of the global market include increasing geriatric population, lower cost of enteral nutrition products, surge in the number of victims of malnutrition receiving treatment, high number of premature births and increasing incidence of cancer and central nervous system diseases.  

Enteral nutrition products are considered to be one of the best alternatives during the treatment of cancer and CNS diseases, to avoid nutrition deficiency in human body for optimal functioning of various organs. Cancer can change the metabolism of nutrient uptake in patient’s body, therefore they require good nutrition. Cancer may lead to malnutrition and weight loss; therefore, patients are required continuous nutrient feeding. Enteral nutrition is one of the best solutions to the problem.

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Similarly, the patients with CNS diseases also need proper intake of nutrients; therefore supporting the demand for enteral nutrition products. Now-a-days, various enteral nutrition products are available in the market. With the growing awareness about the association between health and nutrition, the benefits of nutritional products in the recovering process and their cost-effectiveness is driving the growth of the enteral nutrition market.

Between the two types, the standard enteral nutrition segment held the larger share in the global enteral nutrition market. The cost of enteral nutrition products is comparatively lower than parenteral nutrition products. Therefore, enteral nutrition products are preferred over parenteral nutrition products. In addition, the enteral nutrition procedures are less invasive, in comparison to the parenteral nutrition procedures.

Enteral nutrition has become more popular in old age patients, who are not capable of meeting their nutrient requirements with food or are unable to take food. Patients are provided enteral nutrition through tube feeding. Tube feeding is less costly and has fewer complications, as compared to parenteral nutrition. Enteral nutrition is also gaining popularity for long term feeding due to its affordable cost. Hence, the lower cost of enteral nutrition products is driving the growth of the global enteral nutrition market.

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The enteral nutrition market in the region is anticipated to witness the highest growth at a CAGR of 7.0% during the forecast period. The increasing birth rate, along with growing geriatric population and high number of people having malnutrition is driving the growth of the enteral nutrition market in the region. The total number of people aged 65 years and above in Asia-Pacific was estimated at 288.0 million in 2010. This number is expected to reach 911.0 million by 2050. Japan has the largest old age population in Asia-Pacific. It is expected that one out of 2.5 people in Japan would be over 60 years by 2050.

Some of the major players operating in the global enteral nutrition market include Baxter International Inc., Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A., Groupe Danone, Mead Johnson Nutrition Company, Fresenius Kabi AG, and Perrigo Company Plc.

Global Alcoholic Drinks Market Size, Share, Development, Growth and Demand in Upcoming Years

The global market of alcoholic drinks is mainly driven by the upsurge in urbanization and disposable income. The increasing middle class population is increasing the affordability level of alcoholic drink consumers. The increasing frequency of celebrations and increasing consumption of flavored alcoholic beverages is further promoting the growth of the market. 

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Liquor is considered to be one of the most cherished drinks in the parties, events, and celebrations. The increasing urbanization and up surging disposable income are the key growth drivers of party culture in the developed, as well as developing countries. With the increasing influence of western countries, the alcoholic beverages are becoming integral part of the parties and celebrations.

The global market of alcoholic drinks is highly consolidated, where the top two players account for a share of over 60%. The key players in the global alcoholic drinks market are Anheuser Busch-inBev, Miller Coors, Heineken Holdings N.V., Carlsberg A/S, Diageo PLC, Grupo Modelo, SABMiller PLC, Bacardi Limited PLC, Olvi PLC, Tsingtao Brewery Company Limited, Beijing Yanjing Brewery Company Limited, and Kirin Holdings Company Limited.

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ALCOHOLIC DRINKS MARKET SEGMENTATION

By Segment

• Beer, cider & FABs
• Spirits
• Wine

By Distribution Channel

• Supermarkets/ Hypermarkets
• Specialist Retailers
• On-premise
• Others

GLOBAL ALCOHOLIC DRINKS MARKET BREAKDOWN BY GEOGRAPHY

The report coverage for countries includes:

• Market share by segment for 2014 and 2020
• Market share by distribution channel for 2014   

North America Alcoholic Drinks Market

• The U.S.
• Canada
• Rest of North America

Europe Alcoholic Drinks Market

• Germany
• France
• The U.K.
• Italy
• Spain
• Russia
• Netherlands
• Poland
• Czech Republic
• Sweden
• Belgium
• Denmark
• Hungary
• Norway
• Rest of Europe

Asia-Pacific Alcoholic Drinks Market

• China
• Japan
• Australia
• India
• South Korea
• Singapore
• Rest of Asia-Pacific

Rest of the World Alcoholic Drinks Market

• Brazil
• Rest of RoW

Increasing busy schedules of people are key growth drivers for the global UHT Milk Market

The lack of refrigeration facilities in the developing countries, and increasing busy schedules of people are key growth drivers for the global UHT milk market. The Asia-Pacific UHT milk market is expected to witness the fastest growth, with a CAGR of 20.6% during 2015 – 2020. The whole variant is expected to witness fastest growth with a CAGR of 14.4% during the forecast period. The supermarkets and hypermarkets dominated the sales among distribution channels in the global market.

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Milk is one of the essential food products consumed in every family. However, owing to the perishable nature, regular liquid milk is not purchased by the end-users in large volumes. Therefore, UHT milk is consumed worldwide, as an alternative to regular milk. The evolving consumer trends, such as on-the go consumption of milk is also boosting the growth of the global market of UHT milk.

Earlier, milk was usually consumed during the breakfast or dinner. However, during the past few years, a shift in dietary trends has led to its pervasive consumption.

Now-a-days, milk is consumed by individuals while in school, playground, gymnasium, and office. The government in many countries has been providing milk to children for promoting their growth. The sports and business people carry milk, in order to consume it on-the-go. This trend has affected the growth of the global UHT milk market in positive terms, as they can be carried safely to places without the need for refrigeration.

The information and data in the publication “Global UHT Milk Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Segment (Whole, Semi-Skimmed, Skimmed), by Distribution Channel” represent the research and analysis of data from various primary and secondary sources. A Bottom-up approach has been used to calculate the global UHT milk market by segment. The market numbers for countries are obtained through top-down approach.

With the increasing urbanization, the adoption of several trends related to lifestyle and well-being are in practice within the developing countries of Asia-Pacific, Middle East, and Africa. The growing apartment culture in countries, such as China and India is influencing the consumers to use products with larger shelf life. UHT milk accounts for approximately 60% share of the total milk consumption in China.

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The major companies operating in the global UHT milk market include Nestle SA, Groupe Lactalis S.A., Fonterra Co-Operative Group Limited, Danone Limited, Grupo Lala, S.A.B. de CV, Sodiaal Group, Inner Mongolia Yili Industrial Group Co. Ltd., China Mengniu Dairy Company Limited, Devondale Murray Goulburn Co-Operative Co. Limited.

Explore Industry Insights in U.S. Mattress Market - Growth and Development Forecast to 2023

The U.S. mattress market will be observing a constant growth in the coming years due to the improvement in mattress products and rising adoption of gel-based memory foam mattress in the country. The innerspring mattress in the U.S. accounted for majority of market in recent years, followed by memory foam. The market share of memory foam mattress in the country is increasing at a high rate during the entire period of analysis.

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Baby boomers, that represents 20% of the U.S. population are the prime consumers for memory foam mattresses in the country. The share of latex mattress in the country is also expected to increase during the forecast period owing to growing consciousness of customers for indoor air quality and toxic chemicals in mattress foams. The markets for plant-based memory foam, latex, and natural fibers such as organic cotton, wool, and bamboo, are also increasing.

One of the major driver supporting the mattress market to grow at a considerable rate is the rising consumer preference towards customized mattresses in the U.S. The U.S. mattress market is mainly driven by increasing population, which is leading to increasing rate of home ownership. With the trend of fertility rates going below replacement levels, the aging population is set to accelerate in the U.S. Due to this, the demand for housing and associated markets such as the mattresses is set to increase in future.

High cost of mattresses is one of the major factors restraining the growth of the U.S. mattress market. Increase in raw material prices due to increase in price of petroleum and steel also restrains the U.S. mattress market.

U.S. Mattress Market Competitive Landscape

Some of the key players in the U.S. mattress market include Simmons Bedding Company LLC, Kingsdown Inc., Spring Air International Inc. LLC, Tempur Sealy International Inc., Select Comfort Corporation, Southerland Bedding, and Corsicana Bedding Inc.

Global Aquaculture Market Expected High Growth Opportunities in the future due to many benefits associated with Consumption of Fish

Aquaculture involves cultivation of brackish water, marine water, and freshwater organisms such as carps, crustaceans, mollusks and salmon, under organized climatic conditions. It involves the farming of fish and other aquatic species.
 

The global aquaculture market is segmented on the basis of culture environment, and product.. On the basis of culture environment, the global aquaculture market can be segmented into freshwater, marine water, and brackish water. The market by product segment can be categorized into salmon, milk-fish, trout, carps, mollusks, crustaceans, mackerel, sea bass, sea bream, and others (turbot and catfish). Carps are the most cultivated fishes and estimated to drive major demand, because of their extensive use in fish farming and high compatibility with non-ideal environmental conditions.

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The volume of captured fish is depleting at a rapid pace and is estimated to be one of the major factors, driving the global aquaculture market during the forecast period. The increasing awareness among consumers regarding health benefits offered by fish and its derivative products are the drivers of the global aquaculture market.

There are many benefits associated with the consumption of fish, which are expected to drive the global aquaculture market in the future. Some of these benefits include reduction in heart attacks and strokes, depression, and promotion of healthy nervous system within unborn infants.

The growth in aquaculture is also driving the growth in demand for feed, chemicals, and equipment required for aquaculture supply and storage. Large number of farmers have shifted from natural food sources or farm-made products, to commercial feeds over, which is a trend witnessed during the recent period in the aquaculture market. Water enclosing dense populations of fish gets quickly foul, which has amplified the demand for water treatment chemicals. The demand for aqua feed pharmaceuticals and supplements is expected to grow, as fishes are vulnerable to diseases on account of their increasing numbers in water.

South America is expected to develop and expand its presence in the aquaculture industry, as Chile has recovered from the outbreak of salmon anemia infection. The major competitors of the global aquaculture market include Blue Ridge Aquaculture Inc., Cermaq Group AS, Marine Harvest ASA, Huon Aquaculture, Cooke Aquaculture, Eastern Fish Company, and Tassal Group Ltd., among others.

Explore Global Food Coating Ingredients Market Industry Insights by Types and Applications

The global food coating ingredients market is expected to increase from $2,645.6 million in 2014, and reach $3,698.6 million in 2020 with a CAGR of 5.8%. The up surging bakery and confectionery industries, increasing demand for convenience foods, growing consumer demand for food protection agents are some of the factors, driving the growth of the global food coating ingredients market. The consolidating industry of food coating ingredient is a key trend that can be seen in the global food coating ingredients market. 

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The Asia-Pacific food coating ingredients market is expected to witness fastest growth, with a CAGR of 8.7% during 2015 – 2020. The higher economic growth and busy lifestyles are also driving the growth of the frozen food market, and consequently driving the upsurge in the_ food coating ingredients market within the region. Due to the increasing health awareness, the demand for foods with organic ingredients has been propelling, which is providing growth opportunities for the global food coating ingredients market.

The growing demand for bakery products and up surging domestic bakery production in North America is intensifying the growth of the food coating ingredients market in the region.  Western Europe is the largest food coating market in European region, as of 2015. The main reason for the growth of the food coating ingredients market in Western Europe is the existence of large number of end-user industries in the bakery and confectionery segment.

The major companies operating in the global food coating ingredients market include Archer Daniels Midland Company (ADM), Cargill Inc., E.I. du Pont de Nemours and Company, Ashland Inc., Ingredion Incorporated, Agrana Beteiligungs AG, Kerry Group, Döhler GmbH, PGP International Inc., and Balchem Corporation.