Low-Fat Yogurt Market Is Anticipated To Grow At A CAGR of 10.4% By 2025

The global low-fat yogurt market is anticipated to reach USD 28.2 billion by 2025, according to a new report by Grand View Research, Inc. Various health benefits associated with the consumption of low-fat dairy products and the rise in production of organic flavored products are expected to boost the industry growth.
Players operating in the industry are investing in research and development activities to innovate new products and gain a competitive edge over their competitors. These players are adopting process automation to increase the production rate and reduce overall production cost of the product.
The global demand for organic dairy products is growing significantly as these products are prepared from natural sources. Additives, stabilizers, sweeteners, and flavors added during the production process are also obtained from natural sources. Probiotic bacteria are the most common beneficial cultures used for making yogurt.
These bacteria help in balancing the friendly bacteria found in the human digestive tract, which improve immune system of the body. Streptococcus thermophilus is a commonly used lactic acid probiotic bacterium for producing yogurt, which helps in regulating the functioning of digestive tract and the immune system response. Furthermore, maintaining proper gut health helps improve the overall immunity.

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Further key findings from the report suggest:

• The global low-fat yogurt market was valued at USD 11.65 billion in 2016. The market is anticipated to reach USD 28.19 billion by 2025, while ascending at a CAGR of 10.4% from 2017 to 2025.
• Organic low-fat yogurt segment dominated the overall industry in 2016, owing to various advantages of its consumption
• Flavored yogurt was the largest segment type in 2016. The segment is also projected to be the fastest, ascending at a CAGR of 10.7% over the forecasted period.
• Chocolate, vanilla, coffee, and mint are some of the common flavors added to the product for improving the odor, taste, and texture of the end product
• Asia Pacific region is expected to be the fastest growing region and hold over 21% of the overall market by 2025. The region is projected to grow at a CAGR of 11.4% over the forecast period.
• The industry is highly competitive in nature with the presence of several players
• Some of the key market players are General Mills, Inc.; Danone, Inc.; Nestle S.A.; Rainy Lanes Dairy Foods Ltd.; Springfield Creamery (Nancy's); Jalna Dairy Foods; Gopala; Wallaby Yogurt Company; Byrne Dairy; and Tillamook Dairy Co-Op.

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Organic Food & Beverage Industry Holds Growth Of $320.5 Billion By 2025

The global organic food & beverage market is expected to reach USD 320.5 billion by 2025, according to a new report by Grand View Research, Inc. Growing popularity of non-GMO products among consumers, owing to the health benefits associated with their consumption, is expected to drive the demand over the forecast period. 

Fruits and vegetables dominated the global organic food market accounted for over 37% of revenue share in 2015. Furthermore, increasing consumption of meat and poultry products resulted in the fastest growth of the segment and is expected to grow substantially at a CAGR of 13% over the forecast period.

Non-dairy beverages such as rice, soymilk, and oat beverages accounted for over 33% of the total share of organic beverages market in 2015. However, beer and wine is projected to grow substantially at a CAGR of 13.5% over the forecast period owing to increasing global economic conditions and high consumption of a broad range of flavored beverages.

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Further key findings from the report suggest:

• The global organic food market was valued at USD 77.4 billion in 2015 and is expected to witness highest growth in Asia Pacific from 2016 to 2025
• Fruits & vegetables emerged as the largest organic food product segment in 2015 and is estimated to generate revenue over USD 110 billion by 2025
• Frozen & processed food demand was over USD 11 billion in 2015 and is anticipated to witness significant growth over the next few years
• Beverage market is estimated to exceed USD 55 billion by 2025, and anticipated to grow at a CAGR of 13.1% over the next nine years
• Coffee & tea is expected to emerge as the fastest growing sector with a CAGR of more than 15% from 2016 to 2025
• The U.S. is the largest market in North America and was valued over 40 billion in 2015, owing to the growing consumer resistance for genetically modified and chemically grown crops in the region
• The industry in Asia Pacific is projected to witness fastest growth over the forecast period and account for over 12% of global revenue by 2025. Asia Pacific is projected to witness highest growth on account of growing agriculture sector in the region coupled with robust domestic demand has led to significant demand for the product.
• Key players including Whole Foods Market Inc., General Mills, Inc., Everest, Cargill, Inc., WhiteWave Foods, Danone, and United Natural Foods, Incorporated dominated the global organic food & beverage market

Competitive Insights

The market for organic foods & beverages is highly fragmented, and in order to keep up with the market pace and to gain some competitive advantage, companies are continuously looking to develop new products and functions with the help of frequent research and development activities. Technological up-gradation combined with energy/labor cost and scientific expertise is the major factor expected to help companies develop innovative, nutritional, and healthier products, which will increase their profitability.

Key players in the industry include Whole Foods Market Inc., General Mills, Inc., Everest, Cargill, Inc., WhiteWave Foods, Danone, and United Natural Foods Incorporated. The other players in the market include Hain Celestial Group, Dole Food Company, Inc., Dean Foods, Amul, The Hershey Company, Louis Dreyfus Holding BV, Arla Foods, Inc., Nature's Path Foods, Newman’s Own, Inc., and Amy's Kitchen.

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Specialty Fuel Additives Market is Growing at CAGR of 6.3% By 2024

The global specialty fuel additives market is projected to reach a value of USD 11.31 billion by 2024, according to a new report by Grand View Research, Inc. Implementation of strict environmental regulations and demand for fuel efficiency is projected to boost the market growth. 

Increasing focus on emission control and energy efficient fuel in the automotive and manufacturing sector is expected to boost market growth from 2016 to 2024. The steady development of the auto industry, especially in the Asia Pacific region, coupled with increasing consumer awareness regarding the fuel additives is expected to trigger the market growth over the forecast period.

Rapid industrialization in Asia Pacific is projected to increase the demand for specialty fuel additives in the manufacturing and processing industries. Implementation of stringent emission control regulations and high demand for fuel efficient vehicles is anticipated to drive the specialty fuel additives market over the coming years.

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Further key findings from the report suggest:

• The global specialty fuel additives demand was 1,542.7 kilo tons in 2015 and is expected to grow at an estimated CAGR of 6.3% over the forecast period
• Deposit control additives dominated the market with a market share of 40% in 2015. Increasing demand for fuel economy vehicles is expected to drive the deposit control additives segment over the forecast period.
• Gasoline segment dominated the global market capturing more than 46% of total overall demand in 2015
• Preference for gasoline powered vehicles in North Americas, the significant price difference between gasoline and diesel powered car in the major markets such as India are responsible for the higher penetration.
• Diesel is projected to exceed petrol market to arise as a leading application for the product by 2024, on account of the rising demand for ultra-low-sulfur diesel
• In 2015, Asia Pacific dominated the fuel additives market & recorded a market share of above 28%, in terms of volume. Implementation of stringent environment control regulations in China, India and Japan, rapid industrialization, and increasing use of automobiles is projected to boost market growth.
• Some of the leading companies in the market include NewMarket, BASF, Innospec, Infineum, Albemarle, Baker Hughes, Chemtura, Dow Chemical, Chevron Oronite, Lubrizol, Total Additives and Special Fuels, Evonik Industries, Dorf Ketal, Clariant, Eurenco, & NALCO Champion.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-specialty-fuel-additives-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

TPU Films Market Size Worth $548.10 Million By 2025 | Key Players Huntsman Corporation, Bayer Material Science

The global thermoplastic polyurethane films market size is anticipated to reach USD 548.1 million by 2025 expanding at a CAGR of 6.1%, according to a new report by Grand View Research, Inc. Increasing healthcare spending coupled with growing automotive sector is projected to drive the market. Asia Pacific is the dominant regional market due to the strong presence of major companies, such as Huntsman, Nippon, and Lubrizol, with large production capacities. Asia Pacific is also the leading consumer of TPU films due to growing automotive, construction, and energy sectors.

Major manufacturers based out of North America and Europe have set up wide distribution networks in developing countries by acquiring regional companies. This is also likely to have a positive impact on the region’s growth. Moreover, reduced reliance on export to Western Europe and North America is projected to increase the investments and trade in the local markets of Asia Pacific. Availability of cheap labor and easy access to finance are also likely to support the domestic market growth.

In addition, growing population and rising income levels are anticipated to fuel the development further. Rising global aniline prices have impacted the profitability of TPU films producers as there is intense competition in the global market. Due to the presence of a large number of suppliers, buyers have the advantage of low switching cost; therefore, manufacturers cannot afford to lose out on their customers and in the process jeopardize their profitability. Bio-based alternatives of TPU are capable of replacing the synthetic (petroleum-based) TPU.

Bio-based TPUs are widely used in almost every end-use industry where synthetic product is being used. Bio-based films provide a clean solution to the growing demand for Thermoplastic Elastomers (TPEs). Wearables in the medical field are expected to provide many opportunities over the coming years. As per the data published by DuPont, conductors, printed on TPU films show good results. Increasing healthcare spending coupled with rising awareness are likely to assist the market growth of wearable technology, thereby developing new opportunity for the product.

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Further key findings from the study suggest:

• Automotive is anticipated to be the largest application segment of the TPU films market during the forecast period on account of growing demand for vehicles
• Aerospace is also predicted to witness a steady growth due to increasing demand from emerging countries, such as China and India
• Asia Pacific was the second-largest regional market and accounted for 29.6% of revenue share in 2018 owing to the rapid development of automotive and construction sectors in the region
• The 3M Company, Bayer Material Science, Huntsman Corp., Permali Gloucester Ltd. are the major companies in the global market
• Most of these companies emphasize on their R&D activities for novel product development

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Global Tea Polyphenol Market is Growing at a Rapid Pace - Market Analysis and Forecast to 2020

Global tea polyphenol market size was estimated at USD 209.3 million in 2012 and the market is expected to grow at a CAGR of 7.4% over the forecast period. Rising consumer awareness regarding the various advantages of the ingredient coupled with increasing health consciousness of consumers are key factors driving the market.
Tea polyphenols have become popular over the past few years as they help in prevention of various neurodegenerative diseases including Parkinson’s and Alzheimer’s. Their rising popularity has significantly resulted in the market demand at 4,850.0 tons in 2012 and is expected to be 9,169.9 tons by 2020.
Increasinggeriatric population in developed economies of Asia Pacific and Europe including UK and Japan coupled with rising demand for nutraceutical products such as tea polyphenols due to growing health concerns among consumers, is anticipated to drive demand. The global market is estimated to reach a value of USD 367.7 million by 2020.

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Green tea polyphenols constitute of about 30-40% of extractable polyphenols which are used mainly for treating skin cancer, weight management and sickle cell disease. Their rising popularity has resulted in the product accounting for 72.5% of the total market as of 2012. The market is also anticipated to witness significant gains over the forecast period at a CAGR of 8.8% owing to its increasing consumption, particularly among the working population.

Increasing cases of diabetes, particularly among the younger population, has resulted in a growing demand for oolong tea as it helps in lowering the effect of diabetes. The segment accounted for over 15% of the overall market volume in 2012. Black tea polyphenols contain lower concentration of polyphenols and hence are anticipated to grow at a CAGR of 6.3% over the forecast period exceeding a value of USD 20.0 million by 2020.

Functional beverages including bottled juices, bottled water, energy drinks and bottled tea captured over 40% of the total market share in 2013. Growing consumption of functional beverages containing the ingredient is expected to fuel demand at a CAGR of 8.8 % from 2014 to 2020.

Functional food was the second largest application capturing over 30% of the total polyphenols market in 2013. Dietary supplements including liquid & powder extracts and capsules are anticipated to grow at a CAGR of 7.1 % from 2014 to 2020. Growing demand for dietary supplements owing to increasing prevalence of obesity is expected tp bolster demand.

Asia Pacific tea polyphenols market accounted for 40% of the overall volume in 2013, and is anticipated to grow at a CAGR of 9.2% over the projected period. Increasing ageing population, rising health concerns and abundant availability of raw materials in Japan are likely to be the major drivers of the market in the near future.

North America and Europe together accounted for over 50% of the industry in 2013. Growing demand for the ingredient among consumers in Asia Pacific is expected to result in these regions losing out their market shares over the forecast period. Prominent players in the market include Naturex, Indena S.P.A, Tianjin Jianfeng Natural Products Co, Ltd, Lyn Natural Ingredients Corp and Ajinomoto Omnichem Natural Specialities.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-tea-polyphenols-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com