Europe is one of the largest regions in the global industrial starches market, producing over 600 products, from native starches to physically or chemically modified starches, through to liquid and solid sweeteners. According to the European Starch Industry Association, in 2018, the total starch production in Europe from EU wheat, maize, and potatoes stood at 10.7 million metric ton in comparison to the 8.7 million metric ton in 2004. The European Starch Industry Association is the trade association and its membership comprises 28 EU starch producing companies, together representing more than 95% of the EU starch industry. Wheat is the primary feedstock for starch production, followed by corn and potato. Specialties, like green pea, rice, or chickpea, are still minimal and only account for less than 0.5% in the European market. More importantly, growing number of starch manufacturers are investing in the starch and sweeteners market in Europe to support the local economy and local community, while positioning the business for long-term growth.
Globally, the demand for convenience foods is growing at a faster pace due to changes in social and economical patterns, as well as increased expenditure of food and beverage, awareness about healthy foods, changes in meal patterns and existing food habits, and the desire to taste new products. The United States is the largest market for convenience foods in the world, and the emerging markets of Asia- Pacific, the Middle East, and Latin America are projected to see future growth for the same. On-the-go snacking is becoming extremely popular, especially among the working-class people, teenage children, people living in hostels, and bachelors due to their hectic lifestyles. Moreover, the on-the-go snacking concept is closely associated with easy consumption and handling of products, which snack bars offer. Thus, the demand for snack bars is increasing due to the linked convenience of consumption, aided by disposable packaging that prevents the bars from coming in contact with hands, keeping them clean to work, simultaneously. Presently, consumers are allocating less time for traditional grocery shopping, due to busier schedules. Due to the same, they are also not able to take out time for proper meals and, therefore, opt for on-the-go snack bars in order to satisfy their hunger.
The National Institute of Allergy and Infectious Diseases reveals that 90% of food allergies are caused by eggs, milk, fish, red meat, and nuts. Due to animal protein allergies, most of the meat consumers are inclined toward meat substitutes made of vegan protein, which ultimately drives the global soy protein ingredients market. In fact, according to a reference list of allergen data emperically observed, it was found that the allergen from chicken meat ranges from 0.5%-5% in Southern Europe. According to the United States Center for Disease Control and Prevention, 12.2 million people are suffering from food allergy, of which two-thirds are associated with egg allergy. Consumers are, therefore, switching to protein alternatives, which are plant derived, such as soy, pea, and wheat. This, in turn, is driving the global soy protein ingredients market. According to the Health Focus data, nearly 17% of US consumers, aged between 15-70 years, are predominantly eating plant-based diet, with 60% of the population cutting back on meat-based products.
Seafood comprises a wide variety of fishes, which are suitable for human consumption. The report encompasses a detailed study of the seafood market based on three segments, which are type, application, and region. For the purpose of analysis, revenue generated by various types of seafood such as fish, crustaceans, Mollusca, and others (roe, marine mammals, and medusozoa). In addition, the applications covered in the study include retail, institutions, and food service. Furthermore, the report highlights the revenue garnered from the sale of seafood across various regions such as North America, Europe, Asia-Pacific, and LAMEA.
Rice bran oil, also known as heart oil in Japan and other countries, has been found to be one of the most ideal edible oils due to its balanced fat composition as per the latest WHO & NIN recommendations. Additionally, consumers are increasingly realizing its benefits as it is high in oryzanol, high in phytosterols, naturally rich in vitamin E, light in taste and aroma, high in monounsaturated fatty acid (MUFA), contains 0-gram trans fat per serving, and has a high smoke point (250⁰C). Rice Bran Oil is also hypoallergenic and a naturally-occurring source of many antioxidants, such as Tocopherols, Tocotrienols, Gamma Oryzanol, Phytosterols, Polyphenols, and Squalene. The components of rice bran oil also provide it a larger shelf life. In fact, a recent study conducted by the Department of Pharmacology, PGI, Chandigarh confirmed that rice bran oil reduces cholesterol better than even extra virgin olive oil, thereby posing the opportunity of offering rice bran oil as a cheaper substitute to olive oil.
Foodservice equipment are used for preparation and storage of food products for commercial purpose. These equipment are used in restaurants, hotels, and other commercial kitchens. These include cooking equipment, storage & handling equipment, warewashing equipment, food preparation equipment, and serving. The revenue source for the foodservice equipment market is based on the sales, after service, and replacement of foodservice equipment. The food service equipment market is segmented into product, end use, and region. By product, the market is divided into cooking equipment, storage & handling equipment, warewashing equipment, and serving equipment. By end use, it is classified into Full-service Restaurant & Hotel, quick service restaurants, and catering. By region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Phosphoric acid serves as a popular ingredient in sodas, precisely in cola drinks. Along with its aptitude to preserve the integrity of the soda's recipe blend, the ingredient drastically reduces the bacterial growth while infusing the exceptional tangy taste to the cola soft drinks, fostering its desirability amongst food manufacturers. Despite rising concern against the detrimental attributes of soft drinks, the sector lays vast scope for the niche ingredients like phosphoric acid, pertaining to robust consumption share of cola-drinks in the overall soft drink industry. According to the Beverage Digest, the companies PepsiCo and Coca Cola together constituted about 68% of total carbonated soft drink market share, in the United States, in 2018. Since the companies primarily offer cola based soft drinks, the statistic portrays promising application of phosphoric acids in the end-product. Moreover, companies in order to promote their products and supplement their sales are constantly emphasizing on the fact that phosphorus acid when taken in small quantities causes no harm. For instance, Pepsi, in response to several epidemiological studies, stated a research finding about health-effectiveness of phosphoric acids. Additionally, companies like Coca-Cola are even comparing the incorporated phosphorus content with food products, including milk, rice, chicken, to gain consumer ’s confidence.
Beans are the most common name for the large seed variety of Fabaceae family. The global dry beans market is growing at robust growth rate, owing to the increasing awareness about its health benefits. Dry edible beans have a variety of market classes, including kidney bean, navy bean, pinto bean, and black bean. The production of dry beans is majorly affected by several factors, such as environmental hazards, bio stress, and government policies of the country. Beans are subject to several bacterial and viral diseases as well, particularly in years of high temperature, high humidity, and heavy rainfall. These unfavorable climatic conditions, along with diseases and pest infestation, often take a heavy toll on the yield of dry beans. Top global dry bean producers are Myanmar, India, Brazil, China, Mexico, Tanzania, the United States, Kenya, Uganda, and Rwanda. Major importers are generally India, China, Bangladesh, the United States and Egypt. Production costs for dry beans are usually on the higher side. Extra costs on dry beans can include higher seed cost, and the need of sprays for insects or pests are more, as compared to other leguminous crops. Apart from these costs, extra labor during harvest adds to the expense, especially in regions with labor shortage.
The global gluten-free products market encompasses various types of gluten-free products. Some of the major types include gluten-free baby food, gluten-free pasta, and gluten-free ready meals. By region, the gluten-free products market is studied across North America, Europe, Asia-Pacific, and LAMEA. Further, the report also covers the strategies adopted by the key market players to sustain competitive environment and increase their market share. ConAgra food Inc., Hain Celestial Group, Inc., General Mills, Inc., Kellogg Company, The Kraft Heinz Company, Freedom Foods Group Limited, Mondelez International Inc., Koninklijke Wessanen N.V, Quinoa Corporation, and Valeo Foods Group Limited are some of the major players discussed in the report, which cater to the gluten-free products market. In the coming years, there would be increase in prevalence of celiac disease patients, and food manufacturing companies are expected to invest in gluten-free products industry. Drivers, restraints, and opportunities are explained in the report to understand the market movement. Further, the key strategies adopted by potential market leaders to facilitate effective planning have also been discussed under the scope of the report.