Carob Powder Market Size Worth $69.8 Million By 2027

The global carob powder market size is expected to reach USD 69.8 million by 2027, expanding at a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing popularity of carob powder as a healthier alternative to cocoa powder in the bakery and confectionery sector is expected to remain a key factor driving the industry. Furthermore, growing demand for gluten-free diet in developed economies, including U.S., Germany, France, and U.K., is projected to promote the spending on carob powder as a natural ingredient in the commercial and household sectors in the near future.

Over the past few years, the buyers have been shifting their focus towards the incorporation of healthier ingredients, including carob powder, which contains fiber, calcium, protein, and no saturated fats. These features are expected to promote the utility of carob powder as an ingredient for manufacturing various confectionery products.

The B2C (Business-to-Consumer) segment is expected to expand at the fastest CAGR of 6.7% from 2020 to 2027. As consumers worldwide are becoming more interested in healthier food options, they are practicing baking at home to avail the actual nutrition benefits. Moreover, increasing demand for artisanal bakery and confectionery products is expected to contribute to the segment growth in the coming years.

Asia Pacific is expected to expand at the fastest CAGR of 6.1% from 2020 to 2027. Millennials have been increasingly adopting a healthy lifestyle in the countries, including China, Japan, and South Korea, owing to which they are shifting towards healthier food products. Moreover, shifting consumer preferences for the consumption of sugar-free alternatives owing to growing prevalence of diabetes in countries, such as India and China, are expected to increase popularity of carob powder in the upcoming years.

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Further key findings from the report suggest:

Organic products are expected to expand at the fastest CAGR of 5.5% from 2020 to 2027. This growth is attributed to increased importance of organic-labelled products in the food and beverage industry at the global level
The B2C application segment is expected to register the highest CAGR of 6.7% from 2020 to 2027. Growing consumer awareness regarding the health benefits of carob flour, coupled with high visibility of these products, is expected to contribute to the segment growth
Europe held the largest share of 40.2% in 2019. Strong presence of health-conscious consumers in key countries, including Germany, U.K., and France, is expected to prompt the consumption of carob powder as an alternative intermediate for manufacturing confectionery products at the domestic level
Key market players include THE AUSTRALIAN CAROB CO.; The Carob Kitchen; Frontier Co-op.; Oak Haven Inc.; Barry Farm Foods; NOW Foods; Ingredients UK Ltd; Jedwards International, Inc.; OUASDI INTERNATIONAL; and Alpine Herb Company Inc.

Eco Fibers Market Size Worth $69.0 Billion By 2025

The global eco fibers market size is expected to reach USD 69.0 billion by 2025, as per a new report by Grand View Research Inc. expanding at a CAGR of 9.2% over the forecast period. Rapidly growing online fashion retail, rising disposable income, and development of high-quality innovative fabrics are some of the key factors expected to aid the industry growth over the forecast period.

The industry has observed a highly labor-intensive value chain, where labor cost plays a crucial role from farming to fabric processing. Manufacturers are shifting their focus to establish cost-effective structure by achieving economies of scale, which is expected to lead to heavy reliance on machinery and equipment.

Eco fibers are rapidly gaining popularity in designer garments and apparels. Continuous advancements in terms of the development of eco fiber textiles offering absorbent, antimicrobial, highly breathable, hypoallergenic, UV resistant, and insulating characteristics are anticipated to promote their importance in clothing market over the projected period.

Ascending demand for synthetic fibers that are cheaper than organic cotton is likely to emerge as a restraining factor for eco fiber-based textile industry in the coming years. Furthermore, subsidies for synthetic fiber plants are expected to lower their prices, thereby affecting the eco fiber-based textile market.

Market participants are expected to focus on R&D and extensive marketing business strategies in order to compete with the established players. Marketing activities are anticipated to play a crucial role in spreading awareness regarding the benefits of organic products across various end-use industries.

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Further key findings from the report suggest:

Regenerated eco fibers dominated the market and accounted for 52.7% of market revenue in 2018, owing to the increasing emphasis on sustainable disposal of textile and industrial waste to minimize its harmful effects on humans and the environment
Textiles application is estimated to witness fastest growth over the forecast period, growing at a CAGR of 9.9% in terms of revenue from 2019 to 2025, owing to rapidly increasing demand for clothes/garments driven by population increase
Asia Pacific accounted for the revenue share of 32.4% in 2018 with the growth expected to be driven by an increase in the number of trade agreements such as Trans-Pacific Strategic Economic Partnership Agreement
The market for eco-fibers in the U.S. generated a revenue of USD 8.96 billion in 2018 and is expected to witness a rapid growth over the forecast period, owing to increasing demand for eco fibers for furniture and bedding applications
The eco fibers market is fragmented in nature, owing to the presence of large international players who are emphasizing on expanding their global footprint in order to cater to a larger consumer base

Powdered Sugar Market Size Worth $7.49 Billion By 2025

The global powdered sugar market size is expected to reach USD 7.49 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 4.2% from 2019 to 2025. Increasing consumption of bakery and confectionery food products is the key factor driving the market.

Powdered sugar has many applications in bakery products, such as brownies, pound cakes, muffins, cookies, and donuts. Conventional product type was the largest segment in 2018 and accounted for a share of more than 73%. Conventional product is produced from sugarcane or sugar beets. Thus, easy production process and relatively low prices are estimated to drive their demand, thereby supporting segment growth.

However, conventional powdered sugars undergo refining process to remove the molasses that also strips down the vitamins and minerals. This may have a slightly negative impact on its demand. Bakery was the largest application segment in 2018 and will remain dominant even during the forecast period due to extensive product usage in the production various bakery products.

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https://www.grandviewresearch.com/industry-analysis/powdered-sugar-market

Further key findings from the report suggest:

Organic product type is projected to ascend at the fastest CAGR of 4.7% over the forecast years
Bakery application led the global powdered sugar market in 2018 accounting for a revenue share of more than 33%
North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025
The industry is highly competitive in nature. Key companies include Südzucker United Kingdom Ltd.; Tate & Lyle Sugars; Cargill, Inc.; Imperial Sugar; Nordic Sugar A/S; and American Crystal Sugar Company

Skin Toner Market Size Worth $900.6 Million By 2025

The global skin toner market size is expected to reach USD 900.6 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. The market expansion is attributed to growing demand among the teenagers for products that helps in keeping the skin acne and pimple free and offers protection against rising pollution. Changing lifestyle, which expects people to spend a large chunk of their day outside their houses, has made skin care regimen, an essential part of personal grooming. Along with exercise and healthy eating habits, caring for the skin by using proper cleansing, toning, and moisturizing products on daily basis has become a part of the daily chore.

For instance, in August, 2019, Soko Glam, Inc. launched a new skin toner under the brand name, R.E.P. Nutrinature Ultra All-In-One Multitem. The product is said to offer toning as well as moisturizing characteristics. This product has the ability to maintain the softness, brightness, hydration, and youth. These products consist of many naturally derived ingredients including olive, avocado, and rose hip oil. Similarly, in the same month, Janell Stephens, launched its own line ski care products under the brand, “Face”. Along with five other products, it also consists of a two in one makeup remover cum toner named Fresh Toner. It is available for less than USD 20 on camillerose.com. The product is said to give dewy look.

In July 2019, in Sephora’s Singapore’s press day the French brand Gallinée launched face vinegar toner. The product maintains a health balance of bacteria on the face for perfect skin. It contains a blend of prebiotics and postbiotics, which help in protecting the skin by keeping free from radicals and oxidative, thereby resulting in balanced and refreshed skin texture. Similarly, in July 2019, the South Korean company, K-beauty under its brand Laneige’s launched a two in one skin toner and moisturizer. The product is available for USD 33 and guarantees softness and hydration.

Key manufacturers of skin toner market include Dermalogica; Dr. Hauschka; Dickinson Brands Inc.; Johnson & Johnson Consumer Inc.; La Mer Technology, Inc.; Kiehl’s Since 1851; La Roche-Posays; Lush; Milk Makeup; PIXI – SJOVIK LTD.; THAYERS NATURAL; REMEDIES; THE BODY SHOP; and The Ordinary. The manufacturers are expected to increase spending on new product developments in order to expand their market size over the next few years.

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Further key findings from the report suggest:

The fluid forms accounted for 70.1% share in 2018. These products got the first mover advantage and thus create a huge penetration. Mist forms are expected to expand at the fastest CAGR of 4.9% from 2019 to 2025
Organic products are expected to generate over USD 140 million by 2025 owing to growing popularity of natural products. Conventional products held more than 80.0% share in 2018
By gender, the women segment dominated the market, accounting for more than 85.0% share of the global revenue in 2018.

U.S. Energy Drinks Market Worth $26.93 Billion By 2025

U.S. Energy Drinks Market - Grand View Research

The U.S. energy drinks market size is expected to reach USD 26.93 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.2% during the forecast period. Growing consumer awareness regarding health benefits of natural and organic drinks has been driving the market. Energy beverage consumption has turned into a status symbol, especially for youth. Such consumer behavior type is expected to drive further the overall market demand. Consumption of alcohol mixed with these energy beverages is quite popular in urban areas.

Energy drinks have formed an integral part of social gatherings, parties, and celebrations. Substitute’s availability is anticipated to provide a significant threat to industry growth. Energy drinks face stiff competition from aerated beverages, malted health drinks, and packaged juice.

Taurine is another major component, which is essential for cardiovascular function and skeletal muscle development. Energy drinks manufacturers claim that these beverages reduce muscle fatigue, ease the mental process and protect heart health. However, a scientific consensus is yet to be achieved to support these statements. Increasing awareness of health consciousness is the key driver for the growth in energy drinks demand.

Recent trends show that most of the manufacturers create product awareness through attractive advertising. These manufacturers sponsor major sports events. Red Bull undertakes marketing campaigns in major football events and Formula 1 car racing. They have been targeting the youth through extreme sports event. Distinguished sports personalities are endorsed to promote the brand. This kind of push strategy for increasing the global demand is very popular in energy drink market.

The non-organic segment was the leading revenue contributor in 2016. Due to high initial market penetration and no specific focus on the target market, these products are projected to aid the market. At the same time, people lack awareness about the choice of products and these happen to be cheaper than their counterparts. However, there has been a trend of organic substances based products that have penetrated the market.

This trend has also penetrated the energy drinks market. Since people are realizing the importance of organic compounds in their consumption habits, this segment is expected to aid its growth in the U.S., eventually will increase the growth of organic energy drinks market exponentially over the forecast period. Increasing disposable income and changing lifestyle of young population are expected to trigger market growth of on-trade distribution channel over the forecast period.

Increasing demand for convenience beverage and changing lifestyle in the region like workaholic culture, rising sports activities and increasing income are attributed to the market growth. The growing urban class has been the most attracting factor for the market growth in the U.S. The rising popularity of sports in the country has a huge potential for promoting their brand and create a sense of recognition and loyalty among the customer.

The U.S. economy is undergoing a large-scale development. Due to this there is huge demand for these energies enhancing drinks since they improve the performance of the individuals and help them to deliver better results and impact positively to the growth of U.S. energy drinks market over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/us-energy-drinks-market

Further key findings from the report suggest:

The non-organic segment is likely to reach USD 18.69 billion by 2025, at a CAGR of 7.0% from 2017 to 2025
In terms of revenue, the organic segment is expected to expand at a CAGR of 11.6% over the forecast period
In terms of revenue, the adult segment is poised to exhibit a CAGR of 7.7% over the forecast period
The on-trade distribution channel market is projected to exceed USD 18.5 billion by 2025
The off-trade & direct selling segment is estimated to register a CAGR of 6.4% over the forecast period
The industry is characterized by accreditation of the product, capacity expansion, capital expansion, and substantial investment decisions to improve market share. Some of the prominent companies are Red Bull GmbH, Monster Energy, and Rockstar.

Corrosion Inhibitors Market Size Worth $9.9 Billion By 2027

The global corrosion inhibitors market size is anticipated to reach USD 9.9 billion by 2027, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. The growth in the market can be attributed to increasing investments in oil and gas extraction and production activities in the developing economies across the globe.

Corrosion inhibitors are primarily consumed by the oil and gas industry as pipelines, petrochemical plants, and refineries face significant challenges due to erosion. The application of corrosion inhibitors mitigates deterioration in pipelines, gathering lines, transmission lines, flow lines, and wellbores. It also decreases the occurrence of pitting and costly rust failures for various industry players. Therefore, the application of these products significantly reduces the amount of investment spent on the prevention of rust. This factor has majorly driven the consumption of products across various end-use industries.

Different industries, such as oil and gas, power generation, pulp and paper, metal processing, chemical processing, face several challenges due to rust. This signifies the number of investments by end-use sectors for the prevention of industrial parts and equipment and to extend their life or durability. Furthermore, internal corrosion caused by aggravated microbial activity, water, hydrogen sulfide, or carbon dioxide has increased the need for products among oil and gas companies.

Saudi Arabia is one of the prominent crude oil producers in the world. Moreover, the GDP (PPP) of Saudi Arabia is USD 1.8 trillion, which makes it one of the top-performing economies in the Middle East. With the presence of some of the leading global players such as Saudi Aramco and some of the prominent producing fields such as Ghawar field, the country is expected to boost the consumption over the forecast period.

This is likely to result from the higher preference for oil-based products given their long-lasting protection results for parts or equipment exposed to severe environmental conditions. Furthermore, these are preferred over water-based ones owing to their heavy film and water-rejecting properties. However, water-based products are expected to gain a significant market share over the forecast period due to their conservative nature and favorable government regulations pertaining to their use.

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https://www.grandviewresearch.com/industry-analysis/corrosion-inhibitors-market

Further key findings from the report suggest:

In 2019, organic emerged as the prominent product segment owing to their broad utilization in the petroleum refining industry because of their ability to form a protective layer on the metal surface of transporting pipes
In 2019, oil-based emerged as the prominent type segment owing to the excellent performance of these corrosion inhibitors in high-velocity flow conditions and elevated pressure
In 2019, oil and gas emerged as the prominent end-use segment owing to a surge of serious internal corrosion problems in several refineries, pipelines, and petrochemical plants, along with mounting production.

Matting Agents Market Size To Reach USD 1.05 Billion By 2025

Glossy effect is a thing of the past. Gone are the days when people used to like things that are shiny. Matting agents are benefitting from this scenario. These additives provide excellent sheen and gloss control without affecting the mechanical and optical properties of the coating.

Matting agents diffuse the incident light on the surface thus causing a reduction in glossiness. This decrease, results in an impression of a matt surface. The intensity of the additive is determined by the diffuse reflection properties of the surface. The quantity, type and alignment significantly influence this intensity.

Silica Based – The Market Leader

Silica-based products are used in a wide variety of coating applications. Precipitated silica, pyrogenic silica, and silica gels find usage in various industry applications. The matting properties of silica are mainly determined by three parameters namely, pore volume, particle size, and surface treatment.

Another type is wax which is used to impart properties such as slip and anti-blocking to the coating. Mineral fillers have a niche market and are used in particular application needs. Metal coatings especially coil coatings employ the usage of thermoplastic powders. The increased applications of all the matting agents are expected to fuel market growth over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/matting-agents-market

Diverse Needs – Diverse Matting Agents

From plastics to paper, printing inks to metals, they are used everywhere. Architectural, wood, leather and so on, it finds broad applications. All these applications have diverse needs. Companies have been successful in developing offerings to cater to the different requirements.

Recently, matting agents that are used with specific formulations have been developed. UV, powder, solventborne and waterborne formulations have different characteristics. There are additives available in the market which caters to these different tendencies. The same product which can be used in almost all the formulations has also been developed.

Product Portfolio – Priority for Industry Participants

Standard matting agents had limitations regarding achieving desired surface properties. Companies have developed products which overcome this limitation and provide proper matt effect, enhanced surface texture, and excellent strength. Companies are trying to add novel products to their portfolio which serve diverse application needs.

Strong demand from Asia Pacific is contributing to an increased market size. This demand trend is expected to continue over the forecast period. Major industry participants are participating in trade fairs, exhibitions and expose to showcase their products in developing countries such as India. Production from both continuous as well as batch processes is employed by manufacturers depending upon the type to be manufactured.

U.S. Energy Drinks Market Worth $26.93 Billion By 2025

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https://www.grandviewresearch.com/industry-analysis/us-energy-drinks-market

Further key findings from the report suggest:

The non-organic segment is likely to reach USD 18.69 billion by 2025, at a CAGR of 7.0% from 2017 to 2025
In terms of revenue, the organic segment is expected to expand at a CAGR of 11.6% over the forecast period
In terms of revenue, the adult segment is poised to exhibit a CAGR of 7.7% over the forecast period
The on-trade distribution channel market is projected to exceed USD 18.5 billion by 2025
The off-trade & direct selling segment is estimated to register a CAGR of 6.4% over the forecast period
The industry is characterized by accreditation of the product, capacity expansion, capital expansion, and substantial investment decisions to improve market share. Some of the prominent companies are Red Bull GmbH, Monster Energy, and Rockstar.

U.S. Pigment Dispersion Market Size Worth $7.08 Billion By 2025

The U.S. pigment dispersion market size is expected to reach USD 7.08 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 4.6% during the forecast period. Pigment dispersions are insoluble coloring agents used to impart color to various materials and can be classified into organic and inorganic types. Various pigment dispersions are available in the market and their choice depends on specific applications desirable in end-use industries.

Pigment dispersions contain at least one chemical compound, which absorbs and reflects light in order to impart color to various substrates used. Inorganic pigments constitute titanium dioxide, iron oxide, chrome green, ultramarine blue, carbon black, and others. Inorganic pigments are the widely preferred in various end-use industries as they are abundantly available and inexpensive. However, some inorganic pigments such as lead chromate are considered hazardous upon consumption.

Among inorganic pigments, titanium dioxide is widely used for imparting white color to food packaging materials such as plastic, paper, and paperboard. Though titanium dioxide and iron oxide are synthetically produced, they are considered non-toxic in many food substance contact applications.

Demand for pigment dispersions is growing on account of increasing food processing industries for aesthetic packaging material as well as rising use of plastic, paper, and paperboard materials in food packaging.

To tap into the existing growth potential, various manufacturers such as BASF Corporation, The Chemours Company, and Tronox Limited have strengthened their presence in the market. Manufacturers such as Lanxess Corporation USA and BASF Corporation are offering a diverse range of pigments that impart yellow, red, and green color to plastic and paper packaging materials.

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https://www.grandviewresearch.com/industry-analysis/us-pigment-dispersion-market

Further key findings from the report suggest:

Titanium dioxide is the most commonly used white inorganic pigment in U.S. It is a white powder used in various applications such as plastics, paints and coatings, paper, printing inks, and automotive products, which require brightness and high opacity properties. In terms of revenue, titanium dioxide is expected to exhibit a CAGR of 4.4% from 2017 to 2025
Iron oxide is the second largest segment, accounting for a volume share of 31.69% in 2016. Demand for the same is expected to continue increasing over the forecast period
Inorganic pigments are employed in food packaging applications, specifically in plastic and paper and paperboard packaging. Inorganic pigments in the plastic industry accounted for a revenue share of 27.22% in 2016
Optical properties such as high opacity, tinting strength, and color imparting are of key importance to pigments used in the paper industry. Standard papers require low opacity and whiteness, whereas decorative papers require high opacity and weathering properties.