Food

Format: 2017-02-24
Format: 2017-02-24
February 23, 2017 | 70 Pages | SKU: IRTNTR11148

Technavio, a global market research firm, has announced the release of its latest market research report on the non-GMO animal feed market for the forecast period of 2017 to 2021. This upcoming market research report takes into account the key trends and drivers affecting the market landscape for the food segment to analyze the overall growth prospects for the market. Research analysts have also observed that this segment will go through immense market developments in terms of innovations in taste and health inclinations, which is likely to create innumerable business opportunities to spur the growth of the overall food and beverage industry. Our actionable market intelligence reports provide information on how major players like Kraft Heinz, Givaudan, Unilever, ConAgra, 2 Sisters Food Group, Nestlé, The Hain Celestial Group, General Mills, Dr. Schär and Epermarket are shaping market growth through latest food innovations across the food and beverage sector.

The market research experts at Technavio have focused on the global overview of the food sector to offer an intensive market analysis of the growth scenarios and latest developments for the non-GMO animal feed market. The food market is increasingly moving towards non-GMO verified food products owing to the high


February 21, 2017 | 70 Pages | SKU: IRTNTR12073

Overview of the global corn flour market

According to Technavio’s analyst, the global corn flour market is anticipated to grow at a steady rate and will post a CAGR of close to 4% during the forecast period. The health benefits associated with consumption of corn will drive the growth prospects for the global corn flour market until the end of 2021. According to the market research information, the consumption of corn in standard measures of 1-2 cups has been found to be linked to better blood sugar control in both type 1 as well as type 2 diabetes. Also, all varieties of corn contain plenty of minerals such as phosphorus, magnesium, zinc, manganese, iron, and copper. Some of the major functions of these minerals are to regulate normal growth, optimal kidney functioning, maintain good bone health, increase bone strength, and maintenance of normal heart rate. All the above factors boost the demand for corn products and corn flour ingredients from the health-conscious population, which, in turn, will accelerate the rate of revenue generation in the global corn flour market.

The shifting of consumer preference towards organic corn-based foods will drive the growth prospects for the global corn flour market for the next four years. The producers of organic corn-based food products are increasingly innovating food products in terms of value and taste, which will increase the penetration of organic corn flour and corn-based organic products in the market.

Competitive landscape and key vendors

The global corn flour market is highly competitive and diversified due to the presence of a large number


February 20, 2017 | 77 Pages | SKU: IRTNTR12072

Overview of the global pectin market

Technavio’s market research analyst predicts that the global pectin market is projected to grow at a CAGR almost 8% during the forecast period. One of the primary drivers for the market is the rising demand for pectin in the food and beverage industry owing to its functional properties. Pectin is widely used as a gelling agent, stabilizer, and thickener in a wide range of food and beverages. Traditionally, pectin is used as a gelling agent in a variety of fruit-based products, including jams, jellies, marmalades, fruit preparations for yogurts and desserts, and in fruit filling for bakery products. The increased usage of pectin in fruit juices for improved feeling in the mouth, in acidified dairy applications for protein stabilization, in low-calorie jams, and in acidified protein drinks, will drive the market’s growth prospects in the coming years.

One of the latest trends that will gain traction in the global pectin market is the increasing demand in the pharmaceutical and cosmeceutical sectors. A wide range of curing effects in the pharmaceutical sector like the use in healing ointments, delays an increase in the glucose blood level and improves serum cholesterol, and protect the gastric mucosa. Moreover, pectin is also used as a natural structure provider for pastes, oils, and creams.

Competitive analysis and key vendors

Being a largely concentrated market, the big global players in the market have a wide geographical presence and cater to a huge market demand with big production facilities. The vendor competition in this market is based on the price, distribution, and quality of pectin. The market also has a number of small regional vendors in regions such as the APAC who dominate the market in this region and pose a stiff competition to the international vendors. To stay ahead of the competition, the manufacturers have the need


February 20, 2017 | 76 Pages | SKU: IRTNTR12071

Overview of the global potato peeler and slicer equipment market 

The market research analyst at Technavio predicts that the global potato peeler and slicer equipment market will grow at a CAGR of nearly 8% during the forecast period. One of the primary factors driving the market is the demand for sophisticated designs. Manufacturers currently developing new-age cost saving mechanisms with improved designs that will increase the efficiency of their products and also and improve their profit margins. The demand for automated and single-operation potato peelers and slicers drive the market’s growth. Manufacturers mainly receive inputs from various B2B customers on various factors such as design changes, need for improved quality materials, and factors that will enhance the visual appeal factor for the potato peeler and slicer equipment and focus on developing equipment that caters to their demands.

One of the latest trends that will gain traction in the market is the growing preference for automated potato peeler and slicer equipment. With an increase in the need for automated appliances owing to the present fast life styles, the automated machines which offer faster rewards, and quicker returns are on demand. Features like laser sorters and automated defect removal systems help in saving labor costs, energy and material costs, as well as in improving the quality, accuracy, and precision. The introduction of innovative products with advanced features will attract a huge of number consumers in the coming years, in turn, propelling market growth.

Competitive analysis and key vendors

Currently, the global potato peeler and slicer equipment industry’s form and dynamics are varied at different countries and the competition is quite strong. The small and regional players provide advanced products at a much lower price leading to price wars with the international or well-


February 20, 2017 | 72 Pages | SKU: IRTNTR12050

Global outlook of the granola bars market

Technavio’s market research analysts predict the global granola bars market to grow steadily during the forecast period and post a CAGR of almost 9% by 2021. This industry research report identifies the rising demand for gluten-free foods to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Due to various factors including the increasing health-consciousness among the people, growing awareness of celiac diseases, incidences of digestive health problems, and the growing demand for nutritious food, the recent years witnessed an increase in the demand for gluten-free foods. As a result, the coming years will witness a significant increase in the demand for gluten free granola bars especially in countries such as the US and the UK, in turn fueling market growth.

This market research and analysis estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the market throughout the predicted period. The changes in lifestyle of people in the region that increases the demand for convenient sources of nutrition that can be consumed on-the-go will be a major factor fueling the growth of the granola bars market in the Americas.

Competitive landscape and key vendors

The market is characterized by the presence of a number of small and large granola bars manufacturers and appears to be highly fragmented. The market is competitive and vendors in the market compete on the basis of several factors such as product pricing, quality, innovation, service, reputation, distribution, and promotion. The intense market competition will induce vendors to reduce their product prices, which will negatively


February 17, 2017 | 75 Pages | SKU: IRTNTR12028

Overview of the global food preservatives market

Technavio’s market research analyst predicts the global food preservatives market to grow steadily at a CAGR of above 2% by 2021. One of the primary drivers for this market is the increasing complexities in the food supply chain. Imports are expected to increase because of cost concerns, availability, and consumer demand for diverse food products. The complexities of the food supply chain have been increasing in the past decade. Also, with more people looking for freshness in foods, the demand for effective preservation techniques is on the rise. Moreover, the increasing per capita food consumption across the globe will augment the market growth of the global food preservatives market during the forecast period.

In terms of geography, North America accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The convenience, the freshness of products, greater assortment, and the availability of products are some of the reasons that attract the American consumers towards packaged foods. Also, the demand for food products with no preservatives or with natural preservatives will drive the growth of the global food preservatives market in the coming years.

Competitive landscape and key vendors

The global food preservatives market is fragmented with both small and large vendors. They operate in a highly competitive market. The market is dominated by large global vendors holding significant market shares. With the increased competition, the industry has been witnessing consolidation, where smaller entities are acquired by or merged with major players.

Leading vendors in the market are –

  • AkzoNobe
  • Celanese

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