Tag: Feed

Textured Soy Protein Market Worth $6.49 Billion By 2025

The global textured soy protein market size is anticipated to reach USD 6.49 billion by 2025 registering a CAGR of 9.1%, according to a new report by Grand View Research, Inc. Rising demand for low-carb and low-fat diet due to increasing awareness about leading a healthy lifestyle is expected to boost product sales over the forecast period. Non-GMO soy protein was the largest product segment in 2018 and accounted for more than 52% share of the global market. It is expected to retain its dominant position throughout the forecast years.

Non-GMO proteins are free of pesticides and do not contain added preservatives and additives, which is augmenting their demand. Moreover, GMO soy crop is banned in several countries owing to increasing awareness about the adverse effects of these crops on health, which, in turn, boosts the demand for non-GMO product. However, organic segment is expected to witness the fastest CAGR from 2019 to 2025 owing to increasing demand for organic food products containing textured soy protein.

Increasing demand for meat alternatives is the main factor driving the product demand in the food industry. North America was the largest regional market in 2018 and accounted for half of the overall share. It is projected to maintain its dominance from 2019 to 2025. Increasing health awareness and vegan population in North America are the key factors driving the region’s growth. However, Asia Pacific is expected to register the fastest CAGR of 11.4% over the forecast period due to high soya bean production coupled with rising awareness about the health benefits of soya bean.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/textured-soy-protein-market

Further key findings from the report suggest:

  • Food application was the largest segment in 2018 and will expand further at the maximum growth rate from 2019 to 2025
  • Asia Pacific is projected to witness the fastest CAGR from 2019 to 2025. China is one of the largest consumers of soya protein in the region
  • Some of the key companies in the textured soy protein market are Archer Daniels Midland Company; Cargill, Inc.; Wilmar BioEthanol; Victoria Group; and Bremil Group
  • Most of these companies have undertaken several strategies, such as merger & acquisition, for business expansion

Polyphenols Market Size Worth $2.08 Billion By 2025

The global polyphenols market size is expected to reach USD 2.08 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% during the forecast period. Growing awareness about effectiveness of polyphenols in treating diabetes, cardiovascular diseases, high cholesterol, and cancer, along with rising number of applications in the food and beverage and pharmaceutical sectors, is anticipated to drive product demand over the forecast period.

Polyphenols extracted from grape seed have antioxidant properties, which play a significant role in beauty products and nutritional skin supplements. These antioxidants bind to the skin collagen and stimulate flexibility, elasticity, and cell health, thus resulting in youthful skin. Rising awareness of herbal products instead of synthetic drugs, coupled with increasing demand for anti-aging products, is expected to boost demand for polyphenols.

Technological advancements enable manufacturers to enhance the benefits of polyphenols in curing various diseases. Moreover, development of cost-effective technology to extract polyphenols from plants, herbs, fruits, and vegetables for human and animal consumption is expected boost market growth over the coming years.

Grape seed polyphenols dominated the global polyphenols market in 2018. Grape seed extract has essential therapeutic properties, including managing poor circulation, nerve damage, cholesterol, macular degeneration, anticancer, and atherosclerosis. According to the United States Food & Drug Administration (FDA), grape seed is more effective than chemotherapy for the treatment of cancer. Grape seed extracts are anticipated to experience high demand on account of surging consumption in the food and beverage, cosmetics, and healthcare industries.

In terms of volume, Asia Pacific emerged as the largest regional market, followed by North America. China, India, South Korea, and Japan are anticipated to witness major product demand in the coming years on account of increasing health awareness among the growing diet-conscious population, seeking functional benefits in every kind of food they consume. Surging population and awareness about polyphenol benefits on human health are expected to drive the market in Asia Pacific.

North America is anticipated to emerge as the second-largest regional market owing to increasing disposable income of consumers, resulting in growing consumption of healthy food and beverages in countries such as U.S. and Canada. Changing demographics and lifestyles, rising health concerns, favorable research studies, and technological developments are anticipated to drive the market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/polyphenols-market-analysis

Further key findings from the study suggest:

  • In terms of revenue, the grape seed product segment is expected to expand at a CAGR of 7.3% over the forecast period
  • In terms of volume, the functional beverages application segment dominated the market with a share of 36.4% in 2018
  • In U.S., development of preventive healthcare and government focus on improving the national health standard are some of the significant factors contributing to industry growth
  • Some of the key industry participants present in the market are Cargill, Inc.; Chr. Hansen; Ajinomoto; Archer Daniels Midland (ADM); HERZA Schokolade GmbH & Co. KG; Indena S.p.A.; Martin Bauer Group; and Frutarom Ltd.