Monday 30 September 2019

Europe Sports Nutrition Market attain a market size of $10,429 million by 2021

Europe Sports Nutrition Market report, published by Allied Market Research, forecasts that the Europe market is expected to garner $10,429 Million, By 2021. Isotonic (Iso) sports drinks generated the largest market revenue in 2015, owing to higher adoption of these products in the mainstream market.

Rise in obesity, increase in the number of health centers & fitness clubs, pervasiveness of sports culture, and increase in the number of nontraditional users foster the growth of the market. Rise in trend of online retail and growing demand for herbal and natural products are expected to offer lucrative opportunities for the market growth. However, availability of cheap counterfeit products and food safety issues hamper the development of the market.

The region was characterized with higher demand from Western European countries such as the UK, France, Germany, and others. In addition, Eastern European countries are expected to witness healthy growth over the next 4-5 years, owing to the increase in health awareness and rise in income of middle class customer groups.


Isotonic & other sports drinks accounted for the largest share of the market revenue in 2015. However, protein powder segment is expected to grow at a notable pace owing to the increase in popularity and rise in adoption of protein-rich foods. Carbohydrate/energy bars segment is anticipated to grow at the highest CAGR of 10.5% during the forecast period on account of the increase in demand for healthy and lifestyle foods.

Athletes constituted the largest end users of sports nutrition products in Europe, accounting for over 30% of the total market revenue in 2015 on account of greater adoption of Iso sports drinks and other products among these traditional users. However, lifestyle users are anticipated to grow at the highest CAGR of 8.2%, owing to the increase in health awareness.

The market is classified by distribution channel into large retail & mass merchandisers, small retail, drug & specialty stores, fitness institutions, and online & others. In 2015, Large retail & mass merchandisers accounted for the largest market share of over 28%, owing to the mass adoption of such products through this distribution channel. With online purchase of these products gaining momentum, the channel is expected to increase its penetration in total sales, primarily on account of the increase in smartphone & tablet sales and the extensive availability of these products on various online platforms.

The report provides a detailed analysis of the key European countries, which include the UK, Germany, France, Italy, Spain, and rest of Europe.


UK accounted for the largest market share of over 25% in 2015 and is expected to maintain its dominance throughout the forecast period. This is ascribed to the higher adoption of Iso & other sports drinks and protein powders among recreational and lifestyle users in the country. The region has seen a significant rise in demand for sports nutrition products, which has led to expansion of the customer base. In addition, products such as meal replacement, protein supplements and RTD drinks are gaining popularity, particularly among women consumers, on account of the growing inclination towards achieving a fitter and toned body. Over the past few years, there has been an upsurge in the number of fitness clubs and their memberships. As per the industry sources, in 2014, 1 in every 8 persons in UK was a fitness club member, thereby fueling the demand for sports nutrition products. Companies such as, Myprotein, have launched protein-enriched packaged food, such as hot chocolate and mocha hot drink protein powder in the country, to cater to the growing demand from consumers.

Growing adoption of health and fitness trend among the German consumers has led to increase in demand for sports nutrition products. Germany is one among the 10 obese countries, where more than 50% of the population is obese. Obesity has become a matter of concern in Germany, as there has been a surge in the number of weight-related surgeries such as gastric bypass and liposuction to prevent the effects of excess weight on health. Adoption of high-end meal replacement options including sports supplements and food, as a substitute for regular meals, has increased at a rapid pace in the past few years.

Key Findings of the Europe Sports Nutrition Market:
UK had the highest penetration of sports nutrition products in 2015
Large retail & mass merchandisers accounted for the largest market share of over 28% in 2015
Athletes and bodybuilders, collectively accounted for over 50% of the revenues in 2015
UK, Germany, and France are expected to witness the rise in demand for high-end sports nutrition products
Lifestyle users are anticipated to grow the fastest from 2016 to 2021
Online retail for sports nutrition products is expected to gain momentum over the forecast period.

Leading players profiled in the report include Glanbia PLC, The Coca-Cola Company, Atlantic Multipower Germany GmbH and Co. OHG (Atlantic Grupa D.D.), Maxinutrition Ltd. (GlaxoSmithKline PLC), Olimp Laboratories Sp. Zoo, Nutrend D.S.,a.s., Ultimate Nutrition Inc., PowerBar Europe GmbH, Science in Sports Plc., and PacificHealth Laboratories Inc.

Friday 27 September 2019

India Pale Ale market size is expected to reach $70,131.1 Million by 2025, with a CAGR of 11.4%

According to a new report published by Allied Market Research titled, India Pale Ale Market by Distribution Channel and Age Group: Global Opportunity Analysis and Industry Forecast, 2018-2025,” the global India Pale Ale market size was valued at $32,905.6 million in 2018, and is projected to reach $70,131.1 million by 2025, growing at a CAGR of 11.4% from 2018 to 2025. In 2018, Europe accounted for nearly 46.5% share of the India Pale Ale market.
Most of the countries in the world have witnessed rapid urbanization and improvement in their financial conditions. This has led to an overall rise in the disposable income of the people. In addition, this has made way for shift in consumer preferences, especially among young, aspirational drinkers in the developed economies such as Europe and North America, toward different and modern beer from the traditional beer and rum. This has triggered demand for various traditional beers including India Pale Ale beer. There is a significant rise in the consumption of beer by people aged between 18 and 25 years. The approximate number of middle- and old-aged men has remained the same, whereas there is an increase in the number of women. According to the United Nations, the global youth population is expected to rise by 7% to 1.3 million before 2030, which in turn is expected to drive the India Pale Ale market. The trend of drinking among women has been gaining acceptance across the globe due to financial independence and increase in social and professional gatherings.

On premise distribution channels, such as restaurants, cafes, disco, and bars serve beer and special cocktails containing India Pale Ale beer. The on-premise distribution channels have witness higher demand with rise in disposable income and change in consumer preferences.
The raw materials used in India Pale Ale beer manufacturing are affected by volatile prices, which in turn impedes the market growth. These beverages are produced from crops, which are not produced adequately due to draught and other environmental issues, thus creating a supply–demand gap in the industry. This factor lowers their production as well as increases product pricings, which impede the growth of the India Pale Ale market. One major disadvantage of overconsumption of alcohol is the associated negative health effects pertaining to damage to liver, brain, and heart. Furthermore, drinking inadequately distilled alcohol can lead to severe health disorders and death in a few cases. Imposing high taxes on alcohol is one way to curb the availability of cheap alcohol.
There has been an increase in number of users in various social media sites with the rise in internet penetration. Taking this into consideration, most of the key players in the India Pale Ale market strategize on promoting their products and services on these social media platforms. Thus, the global India Pale Ale industry sights critical opportunity in gaining traction and eventually look to grow in terms of value sales through such social media platform.
The global India Pale Ale market analysis is segmented into distribution channel and age group. The distribution channel is further sub segmented into on-trade as well as off-trade. Similarly, the age group is further sub-segmented into 21- 35 years old, 40-54 years old and 55 years and above.
Key Findings of The Study
  • In 2018, based on distribution channel, the on-trade segment accounted for around 63.5% India Pale Ale market share, growing at a CAGR of 11.1% from 2018 to 2025.
  • In 2018, based on age group, the men segment accounted for 54.4% share of the India Pale Ale market and is expected to growth at the highest CAGR of 11.9%.
  • In 2018, based on region, North America accounted for a prominent market share and is anticipated to grow at a CAGR of 11.9% throughout the India Pale Ale marjet forecast.
The key players profiled for India Pale Ale market include Anheuser-Busch InBev, Carlsberg Group, Diageo PLC, Heineken N.V., Erdinger Brewery, Lasco Brewery, Oettinger Brewery, Radeberger Brewery, and BAVARIA N.V.

Wednesday 25 September 2019

Food Processing Machinery Market attain a market size of $68,882 Million, by 2023

According to a new report published by Allied Market Research, titled, Food Processing Machinery Market by Type, Mode of Operation and Application Industry: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global food processing machinery market was valued at $52,787 million in 2016, and is projected to reach at $68,882 million by 2023, growing at a CAGR of 3.9% from 2017 to 2023. The meat, poultry, and seafood segment dominated the market in 2016, and accounted for around two-fifths market share, in terms of revenue.
The demand for processed food has increased due to rapid change in the lifestyle of people globally. Thus, the food processing companies have upgraded the machineries, which can offer high processing capacity to meet the growth in demand. Moreover, manufacturers have focused on customer needs while maintaining the global quality standards. Furthermore, surge in demand for processed quality food act as the major driver for the market.

The depositor food processing machines segment is expected to dominate the market throughout the forecast period and accounted for around one-fourth share in 2016, in terms of revenue. In addition, the extruding machines segment is expected to witness higher growth rate as compared to others.
In 2016, the meat, poultry & seafood segment dominated the market with two-fifths market share, in terms of revenue, owing to the higher rate of meat consumption in the developed countries as compared to dairy and other food products. According to Food and Agriculture Organization (FAO), consumption of meat has been growing at 5%6% per annum as compared to 3.45-3.8% for milk and dairy products during 2015-2020.

Key Findings of the Food Processing Machinery Market

  • Europe is expected to lead the market during the forecast period, followed by Asia-Pacific.
  • The extruding machines segment is expected to show the highest growth rate, registering a CAGR of 4.6% from 2017 to 2023.
  • The bakery & confectionery segment is expected to grow at a higher rate of 5.9% during the forecast period.
  • Brazil accounted for 28.39% share, in terms of revenue, in the LAMEA market in 2016.
  • Germany accounted for 26.45% share, in terms of revenue, in the European market, in 2016.
  • India is expected to grow at the highest CAGR of 5.0%.

Europe and North America collectively accounted for more than half of the market share, in terms of revenue, in 2016. Europe dominated the market, owing to the increase in demand for food processing machines and high machinery production in Germany in 2016. Asia-Pacific is expected to be the highest growing region during the forecast period.
The prominent market players profiled in the report include Anko Food Machine Co. Ltd., Atlas Pacific Engineering Co. Inc., Berkshire Hathaway Inc., Bucher Industries, Mallet & Co. Inc., Nichimo Co. Ltd., Spx Corp., Ziemann International GmbH, AFE Group Ltd., Bean (John) Technologies Corp., BMA Group, Heat and Control Inc., Hosokawa Micron Corp., and Meyer Industries Inc.

Monday 23 September 2019

Commercial Cooking Equipment Market expected to attain a market value of $11,740 million by 2023

According to a new report published by Allied Market Research, titled, Commercial Cooking Equipment Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global commercial cooking equipment market was valued at $9,105 million in 2016, and is projected to reach $11,740 million by 2023, growing at a CAGR of 3.8% from 2017 to 2023. The oven segment is expected to maintain its dominance throughout the forecast period. North America accounted for the highest share of 36% in 2016, and is anticipated to maintain this trend throughout the analysis period
Commercial cooking equipment are popularly used in restaurants, hotels, and fast-food centers. In addition, they facilitate easy preparation and preservation of food. Growing number of restaurants, and hotels is attributed to rapid urbanization and globalization, which in turn is expected to boost the commercial cooking equipment market growth. Moreover, rise in health consciousness among consumers and increased demand for healthy and tasty food drive the market growth. However, price of commercial cooking equipment, and volatile prices of raw materials negatively impact the market. Irrespective of these challenges, launch of eco-friendly and energy efficient cooking equipment for commercial kitchen to address the concerns of depletion of natural resources such as LPG and others, is anticipated to unfold opportunities for the market growth.
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The report incorporates the study of commercial cooking equipment designed to be used primarily in the food service industry. The market is segmented based on type into braising pans/ tilting skillets, broilers/ char broilers/ grills/ griddles, cook-chill systems, fryers, ovens, cookers, ranges, kettles, steamers, and others. In 2016, the oven segment accounted for the highest revenue of the global commercial cooking equipment market, and is expected to maintain its dominance throughout the forecast period. This is attributed to its widespread application of these equipment in food service and food processing industries. Moreover, increase in demand for combi ovens due to their versatile usage, launch of ovens with sustainable technology, and introduction of smarter features drive the market growth. In addition, increase in the number of quick service restaurants and rise in inclination of people toward ready-to-eat products drive the market growth of ovens.
Modern commercial cooking equipment have replaced conventional ones, owing to increased safety, and enhanced reliability. Moreover, growth in hospitality industry in the developing countries and launch of new energy-efficient products have boosted the market growth.
The market is segmented based on end user into full service restaurant & hotels, quick service, and catering service. In 2016, the quick-service restaurants segment accounted for about 56% share of the global commercial cooking equipment market. This is attributed to increasing inclination of consumers toward new cuisines at a reasonable cost and rise in adoption of new technologies for preparing quick-served food, which fuels the market growth. In addition, upsurge in shopping centers at business hubs globally has led to the proliferation of quick service restaurants. Moreover, factors such as changing lifestyle, eating out trend, and rise in number of working women boost the market growth.
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The market is classified based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the majority of the global revenue in 2016, and is expected to maintain its dominance during the forecast period, followed by Europe and Asia-Pacific. This is attributed to the surge in the number of fast food outlets owing to busy & hectic lifestyle, increase in number of working women, and rise in eating out expenditure.

Key Findings of the Commercial Cooking Equipment Market:

  • In 2016, the oven segment dominated the global commercial cooking equipment market, and is projected to grow at a CAGR of 4.3% during the forecast period of 2017 - 2023
  • The quick service restaurants segment dominated the global commercial cooking market in 2016, and is estimated to grow at a CAGR of 4.4% from 2017 - 2023
  • North America accounted for the highest market share in 2016, and is anticipated to grow at a CAGR of 2.7% during the forecast period
  • The Asia-Pacific segment is expected to grow at a significant CAGR of 5.4%.
The key players operating in the global commercial cooking equipment market have focused on expanding their business operations in emerging countries with the launch of new products. The major players profiled in this report include Ali S.p.A, Illinois Tool Works Inc., Duke Manufacturing Co. Inc., The Middleby Corporation, Alto-Shaam, Inc., Edward Don & Company, Fujimak Corporation, Manitowac Company Inc., AB Electrolux, and Rational AG.

Sports Protective Equipment Market Expected to Garner $10,171 Million, by 2026

A new report published by Allied Market Research, titled, "Sports Protective Equipment Market by Product Type, Area of Protection, and Distribution Channel: Global Opportunity Analysis and Industry Forecasts, 2018–2026," projects that the global sports protective equipment market was valued at $7,518 million in 2018 and estimated to reach $10,171 million by 2026. Sports protective equipment market trends are expected to be progressive over the next few years. LAMEA is expected to witness the highest growth rate, owing to the increase in popularity of sports such as baseball and basketball in Brazil. 
Rise in participation in sports activities, growth in consumer spending on sports gear, increase in health consciousness among consumers, prominence of national & international sports events foster the growth of sports protective equipment industry. However, availability of cheap and counterfeit products restrains the market growth. Increase in penetration of online retail is expected to offer lucrative opportunities for growth.

The sports protective equipment market is segmented by product type into helmets & other headgear, protective eyewear, face protection & mouth guards, and pads, guards, and chest protectors & gloves. Among these, product segment comprising pads, guards, chest protectors & gloves accounted for the largest sports equipment market size, by value, owing to the extensive penetration of these equipment in diverse sports such as ice hockey, football, cricket, baseball, and other sports. Protective eyewear product segment follows pads, guards, chest protectors, & gloves segment, in terms of the sports protective equipment market size, owing to its rapid adoption among recreational users and other sports enthusiasts as a fashion trend.
The global sports protective equipment market is categorized based on the area of protection into head & face protective equipment, trunk & thorax protective equipment, upper extremity protective equipment, and lower extremity protective equipment. The head & face segment accounted for over half of the total market sports equipment market size in 2018, fueling the market growth. Upper and lower extremity protective equipment are expected to witness higher growth rates during the forecast period on account of the rapid adoption of knee and elbow braces as a preventive measure in sports.
The sports protective equipment gear is distributed through diverse channels, namely, specialty retail stores, multi-retail stores, and online stores & others. Specialty retail stores generated the highest revenue in 2018, since it is a traditional channel for the purchase of sports products, and is expected to grow at a CAGR of 3.5%. Online retail stores & others is expected to witness relatively higher growth owing to the extensive penetration of smartphones and tablets, and the increased convenience offered by this channel to choose from a variety of products.
North America accounted for over 35% of the sports protective equipment market share, and is anticipated to maintain its dominance throughout the forecast period. Sports protective equipment market analysis has been provided for all the four regions covered in the report. Countries analyzed under the North American geographical segment are the U.S., Canada, and Mexico. Under Europe, market size and forecast are provided for UK, Germany, France Italy, and rest of Europe. 
Prevalence of sports culture and high per capita income has led to higher adoption of sports protective equipment in North America and Western Europe. Countries covered in Asia-Pacific include Japan, China, Australia, India, and rest of Asia-Pacific. Japan, China, and Australia are the leading markets for sports protective equipment in the region. LAMEA includes Brazil, Middle-East, and rest of LAMEA.
Key Findings of the Sports Protective Equipment Market:
  • North America generated the highest revenue in 2018.
  • LAMEA is anticipated to witness the highest growth from 2019 to 2026.
  • Product segment comprising Pads, guards, chest protectors, & gloves is expected to maintain its dominance throughout the analysis period.
  • Specialty retail stores generated over 50% of the overall market sales in 2018.
  • In terms of market by area of protection, head & face protective equipment is projected be the leading segment over the forecast period. 
Leading players profiled in the report include Adidas Ag, Nike Inc., Under Armour Inc., Puma SE, Amer Sports Corporation, Asics Corporation, Vista Outdoor, BRG Sports, Xenith, and Shock Doctor (Bregal Partners).

Friday 20 September 2019

Global Baby Monitor Market is Projected to grow at a CAGR of 8.5% by 2020

Baby Monitor Market Report, published by Allied Market Research, forecasts that the market is expected to grow at CAGR of 8.5% during forecast period of 2015-2020. In 2014, the North America accounted for the largest share of about 62.3%, owing to higher per-capita spending on baby care products and prevalence of nuclear family culture. However, emerging countries in Asia such as China and India, would witness increasing demand for baby monitors during the forecast period, owing to increasing awareness, the rising number of employed parents and growing disposable income.
Among the two types, Video baby monitors accounted for a larger share of about 86.4% of the overall market in 2014 and is expected to maintain this trend throughout the forecast period, owing to increasing demand for high-end baby monitoring devices with smart monitoring features. This segment is anticipated to witness faster growth in the developed economies, and would account for 88.7% of the overall market by 2020.

Basis the mode of connection, the market has been segregated into wireless baby monitors & wired baby monitors. The segment of wireless baby monitors is expected to account for 94.8% of the overall market revenue by 2020, as these monitors offer greater portability and ease of connectivity, compared to the wired baby monitors. Moreover, the demand for wired baby monitors would gradually decrease in future, as these are perceived to be insecure for babies due to the sensor cord attached to them.

Key Findings of Baby Monitor Market:

  • In 2014, North America was the highest revenue-generating market, owing to higher adoption of niche baby care products
  • Western Europe has emerged to be the second largest market with Germany and U.K. accounting for the prominent share of the overall market by value
  • Video monitors have emerged to be the prominent segment due to increasing demand for high-end baby monitoring devices with smart monitoring features
  • The Asia-Pacific region would witness the fastest growth during 2015-2020, owing to the increasing adoption of high-end baby monitors in developing economies such as China and India.

The prominent companies profiled in this report include Samsung Electronics Co. Ltd., Dorel Industries, Inc., Angelcare Monitors, Inc., LOREX Technology, Inc., VTech Holdings Ltd., ShenZhen Foscam Intelligent Technology Co. Ltd., Summer Infant, Inc., Koninklijke Philips N.V., Nest Labs, Inc., and Withings, Inc. Presently, the baby monitor market is majorly driven by growth strategies such as product launch and acquisition. Lorex Technology, Inc., Summer Infant Inc., Nest Labs, Inc., and VTech Holdings Ltd. have launched smart baby monitors in recent past to increase their customer base and expand their market penetration.

Wednesday 18 September 2019

Oilseeds Market generated the highest revenue of $255,213 million by 2023 - Says Allied Market Research

According to a new report published by Allied Market Research, titled, Oilseeds Market by Oilseed Type, Product, Type, and Biotech Trait: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global oilseeds market was valued at $215,696 million in 2016, and is projected to reach $255,213 million by 2023, registering a CAGR of 2.5% from 2017 to 2023. In 2016, the soybean segment accounted for approximately half of the share of the global market, in terms of revenue, and approximately three-fifths share in terms of volume.
Oil seeds are crops or seeds cultivated for the extraction of edible oil for households and industrial purposes. The edible oil produced from oilseeds is used as feedstock for biodiesels production. The residual content of oilseeds is called as oil cake, and is used as animal feed. Copra, cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seed are the major oilseeds used for extraction of oil.

Advancement in agricultural biotechnology has led to wider acceptance of genetically modified (GM) seeds, thereby increasing the area under cultivation of GM seeds across the globe. This helped to reduce the expenses to manage crop biotic stresses, such as weeds, insects, and microbial pests, leading to strong commercial success. Moreover, proactive government initiatives and surge in national & international associations to increase the agricultural production of oil to meet the need for food products are anticipated to fuel the market growth.
In 2016, the soybean segment generated the highest revenue in the global market, registering a CAGR of 2.5% from 2017 to 2023. Moreover, in terms of volume, this segment accounted for three-fifths share of the global market in 2016. Increase in production of soybean is due to its increased applications in production of edible oil, fatty acids, soaps, biodiesels, and animal feed.
However, uncertainty in climatic conditions leads to the lower production of oilseeds resulting in fluctuation of prices. Thus, continued volatility in the prices of oilseeds may restrain the growth of the market. Moreover, rise in demand for vegetable oil/edible oil produced from oil seeds in the manufacturing of biodiesel is expected to provide lucrative opportunities to the market players.

Key Findings of the Oilseeds Market:

  • LAMEA is expected to grow at the highest CAGR of 3.3% from 2017 to 2023, followed by Asia-Pacific in terms of value.
  • In 2016, the soybean segment accounted for the highest market share in terms of value and volume.
  • In terms of value, the genetically modified oilseeds segment accounted for the highest market share in 2016, and is expected to grow at the highest CAGR of 2.7%.
  • In terms of value, the insecticide resistant biotech trait segment is anticipated to grow at the highest CAGR of 3.3% from 2017 to 2023.
  • China generated the highest revenue, and accounted for approximately one-third share of the global market in 2016.
  • In terms of value, North America is anticipated to grow at a CAGR of 1.8% from 2017 to 2023.
  • In 2016, Asia-Pacific accounted for the highest market share both in terms of value and volume.
In terms of value, Asia-Pacific and LAMEA collectively contributed more than two-thirds share of the global market in 2016. The key players operating in the global oilseeds market are Archer Daniels Midland Company, Bayer Cropscience AG, Burrus Seed Farm, Dow Agrosciences LLC., E. I. du Pont de Nemours and Company, Gansu Dunhuang Seed Co. Ltd., Hefei Fengle Seed Co. Ltd., Krishidhan Seeds Pvt. Ltd., KWS Saat AG, and Syngenta AG.

Bespoke Units Market to garner $357.2 million in 2025 with a CAGR of 7.6%

According to a new report published by Allied Market Research, titled, "Bespoke Units Market by End User: Opportunity Analysis and Industry Forecast, 2018 - 2025," The bespoke units market size was valued at $213.9 million in 2018 and is predicted to reach $357.2 million in 2025 growing at a CAGR of 7.6% from 2018 to 2025. The starred restaurants category in the end user segment was the highest contributor in the bespoke unit market in 2018 and is projected to grow at a CAGR of 7.4% throughout the forecast period. Bespoke units are a set of equipment, which can be customized according to the requirements of the customer. The customization may vary from changes to color to changes in the design of the unit such as dimensions, decals, and detailing. Bespoke is most commonly used in commercial kitchens, large restaurant establishments, hotels, and canteens. Bespoke units today have gained popularity not only due to being visually pleasing but also for its functionality and ergonomics.
Rise in the number of luxury food outlets, starred hotels, and large canteens drive the growth of the bespoke units industry. In addition, diversification in culinary activities has also paved the way for bespoke units in the global market. However, high installation cost that attracts only a limited number of customers is expected to restrain the market growth. Conversely, technological advancements and innovations in terms of design such as use of smartphones to manage temperature of the oven coupled with usage of appropriate marketing techniques are expected to provide lucrative growth opportunities for this market. Bespoke pantries and larders have been the most popular options while designing custom kitchens and has contributed to the bespoke units market growth. In addition, customization around kitchens that resembles naked kitchen built around greenery has been quite popular.

In 2018, the starred restaurants category in the end user segment contributed the largest share in the bespoke unit market. This was attributed to rise in disposable income among people and frequent international travels. However, the high production kitchens segment was the fastest growing segment in 2018 with a CAGR of 8.1% throughout the bespoke units market forecast period. This was due to increase in affinity of consumer to opt for catering services and canteens for nutrition, which is supplemented by busy lifestyle of people and increase in dependency on cooked meals.
Italy was the prominent country in 2018 with the highest share of 34.6% in the bespoke units market. This was attributed to the presence of prominent players in the region. Additionally, hospitality in Italy is consolidating its ownership and corporate structure. The demand for luxury hotels has grown substantially owing to international travels. The Italy units market is driven by rise in demand for customized food equipment by chefs in big hotels and large restaurants and canteens. However, the Emirates region is expected to grow at the highest CAGR throughout the forecast period. The Emirates units market has rapidly expanding tourism and strong consumer demand for eating out. The demand for diversified and innovative cuisines have increased over the years due to increased frequency of international travel in the country. The market for this region is driven by increase in number of food chains and starred hotels in which professional chefs demand customized equipment.
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Key Findings of the Bespoke Units Market :
  • In 2018, based on end user, the starred restaurants segment was the highest contributor in the bespoke units market share. It is expected to grow at a steady CAGR of 7.4% from 2018 to 2025. 
  • In 2018, based on end user, the premium cafes was the fastest growing category in the bespoke units market and is expected to reach $20.6 million by 2025. 
  • In 2018, based on the country segment, France held the highest share in the bespoke units market and is expected to grow at the CAGR of 8.1% throughout the forecast period. 
  • In 2018, based on the country segment, Iberia is estimated to grow at the fastest CAGR of 9.0% throughout the forecast period. 
  • In 2018, based on the country segment, Italy contributed 13.9% of the total share of bespoke units market and is estimated to grow at a CAGR of 8.5% from 2018 to 2025. 
The players in the bespoke units market have been utilizing partnership as the key strategy to overcome competition and increase or maintain their stance in the market. The key players profiled in the report include Molteni, Maestro, Marrone, and Athanor.

Tuesday 17 September 2019

India Olive Oil Market is anticipated to grow with the fastest CAGR of 9.9% by 2025

According to a new report published by Allied Market Research, titled,"India Olive Oil Market by Type and Application: Opportunity Analysis and Industry Forecast, 2018 - 2025,"the India olive oil market was worth $ 58.6 million in 2017 and is estimated to be growing at a CAGR of 9.9%, to reach $127.5 million by 2025. Olive oil is a liquid fat that is obtained from olives, a crop typically grown in the Mediterranean Basin. The oil is prepared by pressing whole olives. There are various types of olives such as Picholine, Kalamata, Agrinion olives, Cerignola, and many others, each type is for a particular texture, flavor, or shelf life, which can be used for various applications. By type, the India olive oil market is classified into virgin olive oil, refined olive oil, and pomace olive oil. In 2017, virgin olive oil segment has occupied 15.1% share of the India olive oil market due to its improved nutritional content. Furthermore, the growing acceptance of olive oil in culinary uses is likely to increase its market demand for food and beverage applications.

The factors that drive the India olive oil market include rise in demand for olive oil continuously from end-user industries, growth in awareness about the various health benefits offered by the oil, increase in usage in the manufacturing of products in the beauty care and cosmetics industry, beverages industry, and pharmaceutical industry among others. Changing lifestyle is also anticipated to drive the India olive oil market growth.
However, higher prices of olive oils and poor domestic production restrict the growth of the olive oil market in India. Nevertheless, government is taking initiative to promote efficient farming techniques developed by the market players, which are effectively increasing the production of olives. These initiatives are estimated to provide impetus to the India olive oil market growth during the forecast period.
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Key Findings of the India Olive Oil Market:

  • The personal care segment was the highest contributor to the India olive oil market in 2017, and is projected to grow at a CAGR of 9.0%.
  • In 2017, virgin olive oil segment accounted for 15.1% of the India olive oil market and is projected to grow at the most astounding CAGR of 14.5% from 2018 to 2025.
  • In 2017, pomace olive oil accounted for almost 65.7% of the share in terms of value in the India olive oil market and is projected to grow at a significant CAGR of 9.1%.
  • Pharmaceutical accounted for the 24.5% market share with CAGR of 9.6% in the India olive oil market, in 2017.
  • In 2017, the food segment accounted for 20.0% of the India olive oil market share and is expected to grow at the significant CAGR of 12.7%.
The key players operating in this India olive oil industry include Colavita S.p.A, FieldFresh Foods Pvt Ltd., Deoleo, S.A., Modi Naturals Limited, Cargill Inc., R R Oomerbhoy Pvt Ltd., Ybarra, Rafael Salgado, Borges International Group, S.L., and Hashmitha Enterprise.

Monday 16 September 2019

Whey Protein Ingredients Market Expected to Reach $15,037 Million, Globally, by 2022 | CAGR 9.2%

Whey Protein Ingredients Market Report, published by Allied Market Research, projects that the global market was valued at $8,216 million in 2015, and is projected to reach $15,037 million by 2022, growing at a CAGR of 9.2% from 2016 to 2022. The whey protein concentrate segment held more than two-fifths of the total market share in 2015.
Whey proteins are derived from whey during the cheese production and are known for improving athletic performance. They are an alternative to milk for lactose intolerant people. Rise in applications as dietary supplements and functional food among consumers increase the demand for whey protein ingredients. Increase in proportions of millennial population is actively participating in casual sports and regular exercising and gives equal importance to enhanced protein intake. The inclination towards fitness and sports in on a rise. This factor fuels the demand for nutritional drinks and supplements. Furthermore, whey protein ingredients are being utilized in meat products owing to its solubility, water-binding & viscosity, emulsification, adhesion, gelation, and organoleptic characteristics. Moreover, whey protein concentrates are used to adhere breadcrumbs or batter to meat, and hence rheological characteristics of meat are retained. Furthermore, moisture retaining property of whey protein concentrate during meat processing also boosts the market growth.

At present, the global whey protein ingredients market witnesses vivid opportunities due to increase in awareness among consumers for protein healthy diet. Moreover, whey protein concentrate is a nutritional supplement manufactured after the whey is passed through defiltration, ultrafiltration, electro dialysis, and ion-exchange processes. Whey protein concentrate is obtained upon the removal of certain percentage of non-protein constituents from pasteurized whey derived from cheese processing. Whey protein concentrate consists of low levels of carbohydrates (lactose). The percentage of protein in lower end concentrates ranges from 30 to 90%. Moreover, consumption of whey protein concentrate powder as supplements has increased owing to regular recommendations by dieticians and doctors in response to a wider set of customers demand for protein supplements in their diets.
Sports nutrition segment accounted for around one-sixth share, in terms of volume, in 2015. In response to the perennial modifications such as brining, baking, and texture of whey products among the bakery & confectionery industry as well as beverages industry, whey protein ingredients currently witness high demand across the globe. Thus, increase in demand for whey protein concentrates 80 and 35 especially in sports nutrition as protein supplements majorly fuels the market.

Key Findings of the Whey Protein Ingredients Market Study:

  • In terms of volume, the sports nutrition segment is projected to show highest growth rate of 8.0% during the analysis period.
  • North-America is projected to maintain its lead throughout 2022, and is projected to grow at a CAGR of 6.8%, in terms of volume.
  • Bakery and confectionery application segment occupied approximately one-sixth of the total market in 2015.
  • China occupied for around one-third of the total Asia-Pacific whey protein ingredients market in 2015.
  • In terms of value, Japan is expected to grow at a CAGR of 8.6% from 2016 to 2022.
In 2015, U.S. and Europe collectively accounted for more than half of the total whey protein ingredients market, and are expected to continue this trend due to increase in milk production and rise in demand for higher protein containing products, specifically in China, India, Japan, Brazil, and other developing economies. Moreover, rise in number of working women demanding whey proteins for infant formula and increase in trend of beverage industry to boost the protein content of products is the major reason that drives the growth of whey protein ingredients market.
The major companies profiled in the report include Arla Foods, Cargill Incorporation, Hilmar Cheese Company, Fonterra Co-Operative Group Ltd, Carberry food ingredients, Glanbia plc, Davisco Food International, Maple Island Incorporation, Dairy Farmers of America, and Milk Specialities Global.

Thursday 12 September 2019

Frozen Bakery Products Market Estimated to Reach $49,118 Million, Globally, by 2025

According to a new report published by Allied Market Research titled,"Frozen Bakery Products Market by Product Type, Source, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global frozen bakery products market size was valued at $33,870 million in 2017, and is projected to reach $49,118 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025. In 2017, the North America sector accounted for nearly 31.34% of the frozen bakery products market share.
The global frozen bakery products market is segmented into product type, source, end use, distribution channel, and region. Based on product type, the market is divided into breads, pizza crust, cakes and pastries, waffles, donuts, and cookies. The bread segment accounts for the highest market share attributable to increase in consumption of frozen breads in UK, Germany, and France. Some of the key players in the market focus on introducing innovative bakery products that cater to the requirement of its target customers. In terms of source, barley and rye account for highest market share due to increase in demand for raw material among the manufacturers.
Over the past couple of years, there is a surge in need for frozen ready meals, fruits, and vegetables in major parts of the globe owing to various health benefits associated with the product. This boosts the growth of the market in North America and Europe. Frozen food avoids the risk of any additives or preservatives. Moreover, these products come with longer shelf life as compared to other food products. Even in terms of price, frozen food products are often cheaper when compared with chilled or fresh food products. These factors boost the frozen bakery products market growth. Moreover, the consumer seeks convenience to buy and cook and consume any product owing to the busy lifestyle. These products reduce the buying and cooking time for the end users, thus driving the growth of the frozen bakery products industry.
The frozen bakery product manufacturers and research institutions are investing heavily for R&D to introduce new products that cater to the varying needs and requirements of its target customers. This is considered to be one of the influential factors in having positive impact on global frozen bakery products market forecast. Asia-Pacific countries such as China, India, and others are the potential markets for the frozen bakery products market.
Frozen food products is one of the largest segments in global food industry. However, in the flow of cold chain for these kinds of products, it incurs higher profit margins from some of the key participants in the supply chain. This includes maintenance cost, transportation cost, infrastructure, and machineries. Thus, this have an adverse effect on the overall price of frozen products which eventually affects the overall volume sales for the product. This in turn restricts the frozen bakery products market growth.
Over the years, there has been a rise in number of workforces in various demographic segments. There has been a gradual adoption of work lifestyle among women. As a result, majority of consumers around the world especially in the developed countries, seek food products that can be prepared easily. Owing to which, various convenient food products witness a significant demand over the past couple of years. This is expected to boost the growth of the market during the forecast period.
By distribution channel, the artisan baker segment generated the highest revenue in 2017, since majority of the consumers prefer buying frozen bakery products from these kinds of stores owing to the easy availability of the product.
The Europe frozen bakery products segment accounted for the highest market share in 2017 and is expected to maintain its dominant position throughout the forecast period.
The global frozen bakery product manufacturers focus on merger and acquisitions to expand its operation in domestic as well as international markets.
In 2016, the Grupo Bimbo S.A.B. de C.V. announced the acquisition of General Mills Argentinas bakery business.
In 2014, Arytza acquired Canadas Pineridge Bakery and US Cloverhill Bakery under the total transaction of US$1.01 billion.

Key findings of the Frozen Bakery Products Market:

  • In 2017, based on product type, the bread segment accounted for around 34% of the frozen bakery products market share, growing at a CAGR of 5.0% from 2018 to 2025.
  • In 2017, the pizza crust segment accounted for around 22% of the market share, growing at a CAGR of 5.3% from 2018 to 2025.
  • In 2017, based on source, the rye segment accounted for 34% of the market share and is expected to growth at the highest CAGR of 4.0%.
  • In 2017, the barley segment has occupied around 29% of the market share and is expected to growth at the highest CAGR of 4.8%.
  • In 2017, based on end use, the food service segment accounted for 39% of the market share and is expected to growth at the highest CAGR of 4.9%.
  • In 2017, the food processing segment has occupied around 33% of the market shareand is expected to growth at the highest CAGR of 4.3%.
The key players profiled in this report include General Mills (Pillsburry), Aryzta AG, Grupo Bimbo S.A.B. de C.V., Europastry, S.A., Lantmannen Unibake International, Associated British Foods plc, Flower Foods Inc., TreeHouse Foods, Inc., Dawn Foods Products Inc., and Vandemoortele NV.

Demand for Food Preservatives Market Expected to Garner $2,714 Million, Globally, by 2023

According to a new report published by Allied Market Research, titled, "Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016.
Preservatives are used in a wide range of products, such as bakery, confectionery, snacks, meat, seafood, poultry, and others to reduce oxidation, prevent food spoilage, and inhibit microbial growth. The types of preservatives include antimicrobials, antioxidants, chelating agents, and others. Various regulations are imposed on the use of food preservatives by regulatory bodies. FDA has regulated the concentration range of preservatives to be added in food products and has also banned use of chemicals that are harmful to human health.

Factors that drive the growth of the global food preservatives market are change in lifestyle of people and varied consumer trends toward use of ready-to-eat food products. The food & beverage processing industry has influenced the food preservatives market to a large extent. In addition, growth in bakery, confectionery, meat, and poultry applications is expected to fuel the demand for food preservatives in the near future. However, stringent regulations pertaining to the use of chemical preservatives in many regions and rise in awareness among consumers toward use of these additives are expected to hamper the growth of the market in the near future.
Synthetic food preservatives are expected to maintain dominance in the global food preservatives market during the forecast period. However, the natural food preservatives are anticipated to gain traction in the near future. In 2016, the natural preservatives accounted for major share in the developed countries in North America and Europe. On contrary, the synthetic preservatives segment accounted for major share in Asia-Pacific in 2016.
Meat, poultry, and seafood and dairy & frozen foods applications cumulatively dominated the global food preservatives market with more than two-fifths share, in terms of volume, in 2016. Increase in demand for extended shelf life properties across various end-use industries in food & beverage sector is anticipated to drive the food preservatives market during the analysis period.

Key Findings of the Food Preservatives Market:

  • In terms of value, the natural segment is expected to grow at a CAGR of 3.4% during the forecast period.
  • Asia-Pacific is projected to maintain its lead position throughout 2022, growing at a CAGR of 3.5%, in terms of value.
  • Meat, poultry, and seafood application is estimated to occupy one-fourth of the total market by 2023.
  • China is expected to occupy more than half of the total Asia-Pacific food preservatives market by 2023.
  • In the global food preservatives market, China is expected to grow at the highest CAGR of 4.5%, in terms of value, from 2017 to 2023.
In 2016, Asia-Pacific and North America collectively accounted for approximately three-fifths share of the total food preservatives market and are expected to continue to be dominant, specifically in China, India, and the other developing countries. Rise in food processing sector is the major reason for the growth of the market in the Asia-Pacific.
The major companies profiled in the report include Danisco A/S, Akzo Nobel N.V., Kemin Industries, Inc., Cargill, Incorporated, Hawkins Watts Limited, Celanese Corporation, Univar Inc., and Koninklijke DSM N.V.

Tuesday 10 September 2019

Acidity Regulators Market to Grow at a CAGR of 7.96% and To Reach $7,065 million, by 2022

Acidity Regulators Market report, published by Allied Market Research, forecasts that the global market is expected to garner $7,065 million by 2022, growing at a CAGR of 7.96% during the period 2016 - 2022. Asia-Pacific generated the highest revenue in 2015, and is expected to maintain its lead, followed by North America and Europe.
Wide applications of acidity regulators are flavoring agents in food products, preservatives, antioxidants, and chelating agents drive the market growth. However, overconsumption of acidity regulators causes ill effects such as nausea, vomiting, toothache, and others, restricting the market growth.

According to Hemali Narkhede, Research Analyst at Allied Market Research Acidity regulators market is influenced by the strict government regulations to control adulterations, enhance the shelf life, inhibit the growth of microorganisms, and prevent food products from rancidity. These factors collectively create opportunities for market growth, while excessive intake of these compounds can cause health issues, thus limiting the market growth.
Food and beverages has high rate of adoption in the acidity regulators market owing to increase in demand for food. Rapid growth of acidity regulators in various applications is expected to increase in subsequent years due to rising demand for fast food and the need for preserved food products. Bakery, confectionery, processed foods, sauces, condiments, and dressings, and beverages are identified as the lucrative targets for investment. Beverages and processed food are expected to grow at high CAGRs of 8.3% and 8.0%, respectively.
Key Findings of the Acidity Regulators Market:
  • Beverages and processed food segments are expected to grow at high CAGRs of 8.3% and 8.0%, respectively.
  • Asia-Pacific dominated global acidity regulators market and projected to grow at a CAGR of 8.3%.
  • Citric acid was the highest revenue-generating segment and is expected to continue its dominance throughout the forecast period.
The key players profiled in this report include Archer Daniels Midland Company (U.S.), Jungbunzlauer India Pvt. Ltd. (India), Bertek Ingredient Incorporation (U.S.), ATP Group (Denmark), Celrich Pvt. Ltd(India), Chemelco International B.V. (Netherlands), FBC Industries Inc. (U.S.), and Fuerst Day Lawson Ltd. (UK).