Food and Beverage
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
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
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
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-
Global outlook of the spirit-based RTD mixes market
Technavio’s market research analysts predict the global spirit-based RTD mixes market to grow steadily during the forecast period and post a CAGR of more than 7% by 2021. This industry research report identifies the introduction of new flavors in RTD drinks to be one of the major factors that will have a positive impact on the growth of this market in the coming years. To cater to the changing demands of the consumers, players in the market are introducing new and innovative flavors which will also help them gain a competitive edge over other players. For instance, Kenya Breweries recently launched a new RTD alcoholic beverage under the Smirnoff brand that is flavored with ginseng. Similarly, R&D company Comax Flavors has also developed a new flavor, pineberry, for alcoholic beverages which is expected to become a mainstream flavor choice for consumers during the forecast period.
This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the predicted period. The constant demand for spirit-based ready to drink alcohol mixes is several countries in the region, especially India, China, and Japan, will be a major factor fueling market growth. Additionally, increased marketing investments from vendors towards promoting their products and enhancing their distribution capabilities will also drive the growth of the market in this region.
Competitive landscape and key vendors
Characterized by the presence of numerous small and large vendors, the market appears to be highly fragmented. Since all alcohol beverage manufacturers compete to gain significant market shares, the market’s competitive environment is intense
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
The food and beverage industry encompasses the entire range and distribution of fast-moving consumer goods (FMCG) products from suppliers and manufacturers. Technavio’s food and beverage domain provides actionable global market analyses and forecasts. It examines key drivers, challenges, and emerging trends that are influencing the market.
Through Technavio reports clients can garner strategic insights into real consumer attitudes and behaviors and identify key market opportunities for future growth and investment. Our expert research and analysis includes carefully compiled data, like market size, vendor analysis, and competitor information, for different markets in the food and beverage industry. Technavio analysts continuously monitor industry segments, including alcoholic beverages, non-alcoholic beverages, food, and food services.
Leading companies extensively covered in our report offerings include Coca-Cola, Diageo, Mondelez International, Nestlé, PepsiCo, and Unilever.