Aloe Vera Extract Market Size Worth $2.67 Billion By 2025

The global aloe vera extract market size is expected to reach USD 2.67 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Rising importance of herbal extracts owing to their potential benefits in preventing various health disorders is driving the product demand. Moreover, shifting consumer preference for natural and organic products over chemical-based products is expected fuel the demand further.

Juice/liquid product segment held the largest share in the global market in 2018 due to increased consumption of juice for the treatment of obesity and diabetes in countries, such as India and China. Gel segment is witnessing a significant growth due to rising demand for gel-based products, such as soaps, shampoos, and moisturizers. Online distribution channel segment is expected to witness the fastest growth over the forecast period. In Europe, around 50% of cosmetic manufacturers have their own online distribution channel.

Various small-scale organic product manufacturers sell their products through their own websites. These factors are driving the segment growth. Moreover, increasing penetration of smartphones coupled with the digitalization has increased the scope of online channels. In the European market, Germany account for the highest share of this segment. Asia Pacific led the global market accounting for 30.6% of the overall market share. The region is expected to maintain its dominance over the forecast period owing to increasing demand for herbal cosmetics in the region.

China held the major share of Asia Pacific market in 2018 and is likely to expand further at a CAGR of 8.9% from 2019 to 2025. Aloe Vera juice is used for the treatment of diabetes, cancer, and obesity. Increasing prevalence of diabetes in the country is expected provide growth opportunity for the market over the forecast period.

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Further key findings from the report suggest:

Product demand in North America is anticipated to grow at a CAGR of 8.7% over the forecast period owing to rising consumer preference for natural products over synthetic or chemical-based goods
China led the Asia Pacific aloe Vera extract market on account of higher population and demand for herbal products and is expected to witness the fastest growth over the forecast period
Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of crucial product brands, and significant investments in R&D
Some of the major companies in the market are Terry Laboratories, Inc.; Cady products LLC.; Pokonobe Inc.; Lily of the Desert; Aloe Farms, Inc.; Houssy Global; Aloecorp, Inc.; Natural Aloe Costa Rica S.A.; Foodchem International Corporation; and Pharmachem Laboratories, Inc.; Aloe Laboratories, Inc.; and Organic Aloeceuticals

Organic Soap Market Size Worth $383.4 Million By 2025

The global organic soaps market size is expected to reach USD 383.4 million by 2025, according to a new report by Grand View Research, Inc., registering an 8.1% CAGR during the forecast period. Rising awareness regarding environment conservation and increasing water pollution caused by harmful chemicals present in personal care products, including parabens, triclosan, phthalates, triclocarbon, and aluminum salts, are key factors driving the market.

Over the past few years, governments of several countries have been banning harmful chemicals used in cosmetics and personal care products in order to promote organic, herbal, and all-natural soaps. This is further fueled by growing consumer awareness regarding synthetic chemicals present in toiletries like hand and bathing soaps. In addition, consumer preference for natural ingredients in personal care products is supported by the efforts of various certification bodies such as The International Natural and Organic Cosmetics Association (NATRUE). The association mandated that at least 95.0% of physically processed agro-ingredients in rinse-off products such as soaps and shampoo must be organic. These initiatives, and evolving consumer trends are expected to boost product demand over forecast period.

The landscape of the liquid organic soaps segment is fragmented in nature due to the presence of a large number of players. Liquid soaps are preferred by consumers over bar soaps as they are more hygienic. Customers are becoming more aware regarding family bathing products and are offering a host of organic and natural personal care products. Key manufacturers such as SUNDIAL BRANDS LLC; Lush Retail Ltd.; Osmia Organics, LLC; EO Products; Pangea Organics, Inc.; and Brittanies Thyme are launching new products in order to cater to increasing product demand. For instance, in April 2019, Korkut Oil Soap Industries Inc. introduced a liquid soap made from unique ingredients: goat milk and extra virgin olive oil. The product, called ‘Olivos Goat Milk Liquid Soap’, helps delay signs of aging and removes dead skin.

Europe is expected to emerge as the fastest growing organic soap market over the course of the forecast period, registering a CAGR of 8.7% from 2019 to 2025. Manufacturers are launching new products that are organic, herbal, cruelty-free and chemical-free in order to cater to evolving customer demands. Over the past few years, Germany, France, and U.K. have seen an increase in product launches. For instance, in September 2016, Lush Retail Ltd., a U.K.-based manufacturer of natural personal care products, launched its concept retail store in Milan and Berlin where products are sold in innovative, packaging-free alternatives. Product information is provided by a mobile app and customers can take their products in ethically-sourced regenerative containers made from cork.

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https://www.grandviewresearch.com/industry-analysis/organic-soaps-market

Further key findings from the report suggest:

Liquid product variants are expected to witness the fastest growth, exhibiting a CAGR of 8.4% from 2019 to 2025. Liquid soaps are preferred by consumers over bar variants as they are more hygienic
The online distribution channel is expected to witness the fastest growth by the end of the forecast period, generating a revenue of USD 75.3 million by the end of 2025
North America is the dominant market and accounted for more than 30.0% of the global revenue in 2018 owing to high concentration of U.S-based manufacturers
Key players in organic soap include SUNDIAL BRANDS LLC; Lush Retail Ltd.; Osmia Organics, LLC; EO Products; Pangea Organics, Inc.; and Brittanies Thyme.

Makeup Remover Market Size Worth $2.6 Billion By 2025

The global makeup remover market size is expected to reach USD 2.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. The market is expected to witness significant growth due to increase in consumption of cosmetics among men and women, rise in the number of working women, and high purchasing power of consumers.

Liquid makeup removers accounted for the maximum market share owing to increased adoption of the product in developed regions like North America and Europe. Moreover, manufacturers are focusing on providing these liquid products infused with hyaluronic acid and micellar water. Hyaluronic acid has various skin benefits like alleviating dry skin and reducing fine lines and wrinkles. Micellar water is one of the most popular cleansers as it not only removes the makeup but also removes dirt and oil from the skin, thereby giving it a fresh hydrated look. Manufacturers are leveraging these properties to produce innovative products, which will fuel market growth during the forecast period.

The offline distribution channel was the leading segment in 2018. Newly launched makeup stores and kiosks are the latest strategies employed by manufacturers to improve their geographical presence across many regions. However, online sales are expected to witness the fastest growth owing to growth in digital advertising techniques such as social media marketing, smartphone applications etc.

Asia Pacific was the largest market share holder in 2018 due to the presence of major players and increasing number of working women in countries like China, India, Japan, and Hong Kong. This region is also anticipated to witness substantial growth on account of increasing urbanization, population, and market penetration of the global players. Rise is disposable income owing to increasing urbanization in this region will fuel the makeup remover market growth for overall cosmetic products. This is expected to increase use of skin care products, which will fuel the market growth.

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https://www.grandviewresearch.com/industry-analysis/makeup-remover-market

Further key findings from the study suggest:

By product, the liquid segment is projected to ascend with a CAGR of 5.7% during the forecast period owing to attractive packing and easy-to-carry bottles
China is expected to be the world’s largest cosmetic market during the forecast period. Increasing skin care rituals and availability of a variety of products in the Chinese market is expected to increase China’s market share
The makeup remover industry is highly competitive in nature with the presence of many key global players. Companies are investing in R&D owing to growing demand for natural makeup removers
Glossier, a direct-to-consumer cosmetic company, launched a makeup cleansing milk to expand its product portfolio
Loreal acquired ModiFace, a company that creates augmented reality beauty apps. This acquisition is a part of L’Oreal’s strategy to boost sales of its products via online channel.

Bouillon Market Size Worth $9.6 Billion By 2025

The global bouillon market size is expected to reach USD 9.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. Growing demand for easy to make, ready to eat, and packed health food, along with growing working women population, is expected to increase the demand for bouillon products in the coming years. In addition, increase in disposable income and changing lifestyle of the people are anticipated to increase the market demand.

Usage of cube products is increasing in North America and Europe on account of continuous product innovation according to the customer behavior and preferences. In addition, growing economic independence of the women is increasing the consumption of packed and processed food products in the developed countries. Bouillons constituting all the major materials, which are a good source of vitamins, minerals, nutrition, and protein, serve as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the market demand in future.

Continuous use of iodized salt and flavor enhancer (Disodium Inosinate, Monosodium Glutamate, and Disodium Guanylate) in cube bouillon products is expected to act as a restraining factor in the global market. High consumption of these products can lead to several health issues like increased level of blood sugar, blood pressure, and obesity.

However, continuous development of new products by companies such as Nestle S.A. and launch of new bouillon powder seasoning in Maggi and new bouillon cube product by BOU, Inc. are expected to influence the buying preferences of the younger population across the globe. Moreover, Nestle is investing in countries of West Africa including Benin and Togo to introduce new Maggi bouillon products. The market leaders are focusing on developing new flavors and products in order to gain a major share in the market.

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Further key findings from the study suggest:

By form, cube is projected to ascend at a CAGR of 4.3% from 2019 to 2025
The meat product segment dominated the bouillon market with 52.4% share of the overall revenue in 2018 due to the high protein and fiber content in meat as compared to vegetables and fish
The offline distribution channel dominated the market with a share of more than 74.0% in 2018 as most of the products are purchased through supermarkets/hypermarkets and convenience stores
Europe dominated the global market in 2018 with 48.2% share of the total revenue on account of high preference for the product in U.K., Germany, and France, which is attributed to its health benefits and easy to cook factor
Key market players include Nestle S.A.; International Dehydrated Foods, Inc.; The Unilever Group; McCormick & Company, Incorporated; The Kraft Heinz Company; Hormel Foods Corporation; Henningsen Foods, Inc.; Southern Mills, Inc.; Proliver Bvba; and Goya Foods, Inc.

Face Bronzer Market Size Worth $22.5 Billion By 2025

The global face bronzer market size is expected to reach USD 22.5 billion by 2025, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing awareness of the functions of the cosmetic products such as concealing imperfections on the facial skin such as blemishes, pores, freckles, powder spots, under-eye is a key driving factor. Powder circles and wrinkles are uplifting the demand for specific face make-up cosmetics such as bronzers and blushers. In addition, there has been a remarkable rise in the demand for organic and natural face bronzers due to awareness of harmful side effects of the synthetic elements in these cosmetic products.

Furthermore, aggressive and glamorous promotions of these products and constant product innovations by the manufacturers have increased the demand for this product among the young population. Consciousness of women about their physical appearance and their inclination towards beauty products that help in enhancing their inherent beauty and highlighting certain facial features result in the market growth. Contouring helps in slimming down the forehead, nose, chin, jawline, and other parts of the face, while providing a bronze look to the face. The trend of the bronze look is expected to further drive the market. Moreover, influence of the emerging trend of different facial looks everyday amongst the youngsters is anticipated to fuel the market growth.

Increasing disposable income in the developing countries of Asia Pacific is driving the demand for face make-up cosmetic products. Furthermore, association of women to beauty in the film industry and worldwide beauty contests has spurred the demand among women. This has been influencing the women all over the globe to buy make-up products. The cream/liquid bronzer is anticipated to witness significant growth, followed by powder and stick face bronzers. This is due to the convenience and time-saving process of applying liquid bronzer with the help of spray and then brushing it to contour. Moreover, women claim to be satisfied with the liquid spray bronzer comparatively more since it stays for a longer time and gives an even texture.

Asia Pacific held the largest revenue share of 24.4% in 2018 owing to rising demand in countries such as India, Malaysia, and China and growing imports of natural and organic face make-up cosmetic products. The face bronzer market in North America is growing at a significant rate and it has held the largest share in the face bronzing powder segment, which, in turn, largely contributes to the growth of the North America market.

The manufacturers in North America are focusing on providing high-quality products by improving their production techniques. Key players are engaged in strategy implementation such as mergers and partnerships to expand their product portfolio and maintain a strong foothold in the market. Key players having a strong foothold in the global market include Chanel, Este Lauder Companies, Tom Ford, Benefit (LVMH), Bobbi Brown, MAC Cosmetics, Bourjois (Coty), NARS Cosmetics, Elizabeth Arden (Revlon), Vita Liberata, Jane Iredale, AVON, and LORAC.

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https://www.grandviewresearch.com/industry-analysis/face-bronzer-market

Further key findings from the study suggest:

By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

Sterility Indicators Market Worth $1.24 Billion by 2025

The global sterility indicators market size is expected to reach USD 1.24 billion by 2025, according to the study performed by Grand View Research, Inc. It is anticipated to expand at a CAGR of 10.9% over the forecast period. Strict regulations regarding healthcare products and high emphasis on sterility parameters and measures for the prevention of Hospital Acquired Infections (HAIs) are projected to drive the market growth.

Increasing number of geriatric population prone to chronic conditions is primarily driving the demand for drugs and medical devices globally.Governments in developing economies like India and China are focusing on providing cost-effective, high quality medications. The Union Cabinet of India has provided USD 13.16 billion to the National Health Mission (NHM) from April 2017 to March 2020. Currently, India has the highest U.S. Food and Drug Administration (FDA)-approved manufacturing facilities outside U.S. It also accounts for 22.0% of the overall approved U.S. FDA plants. Thus, demand for sterility testing services and products is anticipated to rise over the forecast period.

Standardized manufacturing protocols, introduction of novel products, and adoption of new technologies has led to harmonization of quality and sterility testing standards in the healthcare industry. This has created a need for not only aseptic manufacturing techniques but also for efficient and reliable sterilization monitoring processes. Furthermore, organizations such as the Agency for Healthcare Research and Quality and Centers for Medicare and Medicaid Services are also raising awareness about the need for stringent regulations for safety and quality testing services of healthcare products. Such steps are anticipated to bode well for expansion of the sterility indicators market over the forecast period.

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Further key findings from the report suggest:

Biological indicator segment captured the largest market share in 2017. Extensive usage as compared to chemical indicators owing to their reliability is anticipated to propel the segment growth
North America is expected to maintain its dominance with the largest market share over the forecast period owing to the presence of a large number of major companies and a high adoption of advanced technologies
Asia Pacific is expected to exhibit a lucrative CAGR during the forecast period. Presence of a large untapped market and availability of supportive government regulations are expected to attract global players
Some of the major players in the sterility indicators market include Getinge AB; Cantel Medical Corporation; 3M Company; Cardinal Health Inc.; Matachana Group; Mesa Laboratories; and Anderson Products Inc.

Quillaia Extract Market Size Worth $1.05 Billion By 2025

The global quillaia extracts market size is anticipated to reach USD 1.05 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% over the forecast period. Increasing consumption of natural ingredients, changing food habits, and wide range of applications of the product in industries such as food and beverage, medical, and personal care among others are anticipated to drive the growth.

Quillaia extract is largely used for manufacturing cream soda, cider, puddings, baked goods, and frozen dairy products among other food and beverages. The extract is used in different quantities in different products. For instance, in carbonated beverages, the concentration of quillaia extract is upto 200mg/kg wherein in noncarbonated drinks, it is used upto 500mg/kg. Food and beverage held the largest market share of 36.45% in 2018, owing to the rising demand for foam stabilizing agents. The product is water soluble foaming compound that helps maintain temperature, taste, and shelf stability, which drive the application.

Increasing demand for organic and natural skincare products is anticipated to bode well for the quillaia extract market. One of the market players, Desert King offers different types of quillaia extract, namely, Andean Pure Quillaia, Andean Q Ultra, Andean Q Ultra Organic, Andean QDP Ultra Organic, Andean QE, and Andean QD for cosmetic application.

Liquid quillaia product type is anticipated to expand at a CAGR of 5.3% over the forecast period. The liquid extract is smooth and textureless making it suitable for curries and sauces. It is widely used as a foaming agent in soft drinks such as ginger beer, root beer, and cream soda, and in cocktails among other drinks. It has sweet and pungent smell and turns into foam upon shaking, hence it finds application in personal care application. For instance, Puracy, uses liquid quillaia extract in its natural conditioners, shampoos, and skin care products.

Asia Pacific held the largest market share of over 32% in 2018, due to high product consumption in Australia and New Zealand. According to a report by the Bureau of Chemical Safety, the mean quillaia extract intake in Australia was 2.3mg/kg per day and 1.1 mg/kg per day in New Zealand. The quillaia extract is also known as China bark extract, as the quillaia trees are native to China. The product is widely used in food products like soy sauce. High demand for organic and natural cosmetics in India, China, and Japan will boost the regional growth.

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https://www.grandviewresearch.com/industry-analysis/quillaia-extracts-market

Further key findings from the report suggest:

Food and beverage segment held the largest market share of 36.45% in 2018 and is anticipated to continue leading during the forecast period
Liquid product type is anticipated to expand at a CAGR of 5.4% over the forecast period
Asia Pacific held the largest share of the global quillaia extract market in 2018
Leading market players are Garuda International, Naturex, Ingredion, Stan Chem International, Desert King, Baja Yucca, and Chile Botanics among others

Lactase Market Size Worth $276.4 Million By 2027

The global lactase market size is projected to reach USD 276.4 million by 2027 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Increasing awareness among individuals regarding health and wellness has led to a rise in consumption of enzyme-based foods, such as milk powder, butter, infant milk formula, and sour cream; which not only adds useful nutrients to the diet but also improves digestion. The ability of the lactase enzymes to maintain freshness and increase the shelf-life of dairy products is projected to further augment the market growth.

Lactose-free milk is obtained by adding lactase enzyme to regular milk. Similar to regular milk, lactose-free dairy products are a good source of calcium, protein, phosphorus, riboflavin, and vitamin B12 & D. The demand for lactase in dairy applications is likely to witness a steady growth over the forecast period on account of the convenience of lactose-free milk to be swapped in for regular milk in various food preparations.

Lactase is predominantly consumed in the powdered form. The product is majorly used to convert low-solubility and light sweetness lactose to more soluble and sweeter monosaccharides in the food & beverage industry, especially in the dairy industry. This factor, together with the ability of the product to reduce the crystallization of lactose in concentrated milk, ice cream, and condensed milk, is projected to further drive the product demand.

According to the research by the National Institutes of Health (NIH), over 65% of the global human population is prone to lactose intolerance and over 5% of the population in the U.K., Belgium, Sweden, and the Netherlands suffer from lactose maldigestion. Thus, the product demand in Europe is projected to witness high growth over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/lactase-market

Further key findings from the study suggest:

In terms of revenue, the yeast segment accounted for the largest market share of over 44% in 2019 and will expand further at a steady CAGR from 2020 to 2027 due to the high demand for yeast-based lactase in dairy processing and dietary supplements industries
Food & beverages was the largest application segment in 2019 owing to extensive product usage in milk, condensed milk, ice-cream, cheese, milk powder, and yogurt
North America is anticipated to exhibit steady growth over the coming years on account of rising cases of lactose-intolerance in the region
In addition, factors, such as nutritional benefits and easy digestibility, have resulted in the growing adoption of lactose-free products in North America
Key companies are adopting various strategies, such as clinical trials, new product launches, M&A, and R&D investments to increase their market share
However, the lack of technical expertise and high processing cost of lactase extraction is projected to inhibit the industry growth
In May 2019, Chr. Hansen Holding A/S launched LACTOSENS R, a lactose biosensor test kit to document lactose concentrations across all dairy applications

Face Bronzer Market Size Worth $22.5 Billion By 2025

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https://www.grandviewresearch.com/industry-analysis/face-bronzer-market

Further key findings from the study suggest:

By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

Animal Feed Enzymes Market Size Worth $2.67 Billion By 2025

The global animal feed enzymes market size is expected to reach USD 2.67 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising requirement for enhanced nutritional value and quality in meat & dairy products is estimated to provide significant scope for the consumption of key feed processing additives including enzymes, vitamins, and emulsifiers over the years ahead. Furthermore, growing consumer awareness regarding the vitality of animal protein intake is likely to play a crucial role in influencing the scenario of the feed enzyme industry.

Phytases, carbohydrases, and proteases are the primary products used as enzymes that are utilized in different animal nutrition sectors including poultry, pigs, and ruminant. These products improve the performance of foodstuffs and make it easily digestible for the livestock categories.

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http://www.grandviewresearch.com/industry-analysis/animal-feed-enzymes-industry

Further key findings from the report suggest:

Central & South America and Middle East & Africa are likely to witness growth on account of significantly increasing livestock farming and breeding activities in major parts of both the regions. This scenario is estimated to reflect mainly in Brazil, Argentina, Chile, Venezuela, Egypt, South Africa, and Saudi Arabia.
Carbohydrases, one of the major ingredients utilized in the animal feed industry, generated USD 149.3 million in 2015. These products help in the synthesis of carbohydrates into simple, digestible sugars.
Proteases are rapidly gaining importance as key protein digestibility enhancers in animal foodstuffs & nutrition sectors, and the segment is expected to grow at a CAGR of 9.9% over the next nine years. In May 2014, Royal DSM N.V. launched a new product range of protease enzymes. This strategic move was implemented to keep up with the growing consumer requirements of animal proteins coupled with the rise in meat consumption in developing nations.
The industry is highly concentrated in nature owing to the presence of numerous manufacturers on a global as well as regional level. This, in turn, has intensified the competitiveness of the industry in recent years. Furthermore, the leading feed enzyme producers including Danisco A/S, Royal DSM N.V., and Novozymes accounted for more than 50% of the total animal feed enzymes market in 2015.
Other prominent players include BASF SE, ENMEX S.A. de C.V., Advanced Enzymes, Adisseo, Elanco, BioResource International, Inc., Beldem S.A., and AB Vista
Various prominent manufacturers have integrated business operations across the global value chain. These players are not only into manufacturing value-added enzymes, but they also have a strong presence in raw material supply, product distribution, and end-use sectors.