Tag: Liquid

Malted Milk Market Size Worth $8.12 Billion By 2025

The global malted milk market size is expected to reach USD 8.12 billion by 2025 registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Malted milk is prepared by formulating whole milk powder, malted grain flour, and other ingredients, which are used as fortification and flavoring agents in food and beverages. It is used as a coating ingredient and provides sweetness and a creamy mouthfeel to the food and snack products.

The market growth can be attributed to the rising awareness about the benefits of malted foods and drinks and high demand for the product as nutrition supplement. In addition, rising health consciousness and rapid urbanization and industrialization across the globe are expected to have a positive impact on the market growth. Wheat source segment led the global market in 2018 and will expand further over the forecast period due to easy and abundantly availability of wheat.

It is also estimated to be the fastest-growing segment from 2019 to 2025. Moreover, wheat is cheaper and a better option to formulate with the other ingredients in malted milk. Barley is another key ingredient, which is considered as a highly nutritious substance. It contains proteins, amino acids, soluble fibers, and essential minerals, such as potassium, zinc, calcium, and magnesium.

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

Further key findings from the study suggest:

  • The milk liquid type segment is estimated to lead the global malted milk market expanding at the fastest CAGR of 5.53% from 2019 to 2025
  • Asia Pacific is estimated to be the dominant, as well as, fastest-growing regional market over the forecast period due to high product demand
  • Furthermore, growing population in countries, such as India, Japan, and China, along with increasing health awareness will drive the regional market
  • Some of the key companies in the market are Nestle S.A., Horlicks, GlaxoSmithKline, Briess Malt & Ingredients, Imperial Malts Ltd.,SSP Pvt. Ltd., Family Cereal Sdn. Bhd., Muntons plc, Food & Biotech Engineers India Pvt. Ltd., and Insta Foods
  • These companies focus on new product development and capacity expansion to gain a greater market share

Ammonia Market Size Worth $76.64 Billion By 2025

The global ammonia market size is anticipated to reach USD 76.64 billion by 2025, at a registering a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period.

Liquid ammonia segment dominated the market in 2016. It is majorly used in fertilizer and industrial & household cleaning applications. Ammonia is a colorless and pungent alkaline gas composed of hydrogen and nitrogen. It is an essential gas, which is used in various biological processes and industrial applications. It causes irritation to the eyes, skin, nose, lungs, and throat. Globally governments have established various safety-related regulations associated with the production, usage, and transportation of the product. The regulations also provide some directives for the equipment and methods used during the production process and handling of ammonia.

Globally, the gap between supply & demand of the product is gradually becoming surplus, hence resulting in continuous price fluctuations. This gap is mainly due to continuous capacity additions, especially in Southeast Asia (China and Indonesia), Middle East, Central & South America, and the U.S. The continuous increase in capacity additions and weakening of the demand owing to lower crop prices, poor economic prospects, fluctuating energy prices, and rising competition are anticipated to be the major challenges for the industry over the forecast period.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/ammonia-market

Further key findings from the report suggest:

  • The global ammonia market was valued at USD 48.65 billion in 2016. The industry is anticipated to reach USD 76.64 billion by 2025, ascending at a CAGR of 5.3% from 2017 to 2025.
  • Fertilizer application segment dominated with over 40% of the overall share in terms of revenue
  • Rising demand for nitrogen fertilizer owing to its advantages for application in the agricultural sector is anticipated to boost the market over the coming years
  • Some of the other major application industries of the product include household & industrial cleaning, food & beverage, metallurgical processes, water and wastewater treatment, rubber, pulp & paper, and leather
  • Asia Pacific dominated the industry in 2016 and is projected to be the fastest-growing region over the forecast period
  • The industry is highly competitive in nature with the presence of various global players
  • Some of the key market players are Yara International; BASF SE; CF Industries Holdings; Inc.; PotashCorp; Huaqiang Chemical Group; Shanxi Jinfeng Coal Chemical; Rashtriya Chemicals & Fertilizers Ltd.; China Petroleum & Chemical Corporation; and China National Petroleum Corporation