Food & Beverages

The Future of Food Is Edible Packaging

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Q60872761_mAccording to a new report published by Allied Market Research, titled, Edible Packaging Market by Material type and End user: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the edible packaging market was valued at $697 million in 2016, and is projected to reach at $1,097 million by 2023, growing at a CAGR of 6.81 % from 2017 to 2023. Europe is expected to be the leading contributor to the global edible packaging market, followed by North America and Asia-Pacific.

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Increase in consumption of processed food & beverages, reduction in packaging wastage, rise in hygiene concerns among people and increase in shelf life of products, growth in disposable income of consumers, and rise in standard of living encourages the adoption of edible packaging products in the industry and thus drive the edible packaging market growth. In addition, this eco-friendly packaging technique helps preserve the environment as the products are renewable as well as edible and safe for human consumption thereby reducing plastic packaging waste and fueling the edible packaging market growth.

However, the higher cost of edible packaging materials in comparison with the synthetic materials and high regulatory requirements is expected to hamper the edible packaging market growth. Various advancements in technology such as introduction of nanotechnology in packaging as well as the addition of healthy proteins in the edible food packaging is expected to provide numerous opportunities in the edible packaging market.

In 2016, the lipid-based edible packaging segment accounted for the maximum revenue share in the overall edible packaging industry as they are excellent barrier of oxygen and water vapor and prevents the food from contamination. Protein-based films are expected to grow at a fastest CAGR of 7.5% in the edible packaging industry owing to the value-added benefits of proteins to the body such as high immunity and proper functioning of human body as well as improvement in energy levels in humans. Protein films are made up of corn zein, gluten, and caseins, which are considered safe for human consumption.

Moreover, the food & beverages segment held the highest market share in 2016 for of around 72% in the end user segment in the global edible packaging market.

Moreover, the composite films are expected to grow at a CAGR of 7.2% during the forecast period. The demand for polysaccharides is expected to increase as they help preserve the quality of the food and improve the shelf life of the products; they are widely used in the pharmaceutical industry.

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Europe accounted for the major share of the global edible packaging market in 2016 owing to the growth of food & beverages segment and stringent regulations regarding the same. North America is expected to generate the maximum revenue during the forecast period. Asia-Pacific is estimated to grow at the highest rate in the global edible packaging market due to rise in preference of hygienic packaging and the growth of pharmaceutical industry in this region.

Key Findings of the Edible Packaging Market:

  • In 2016, the lipids segment accounted for the maximum revenue, and is projected to grow at a notable CAGR of 6.1% during the forecast period.
  • The pharmaceuticals segment accounted for 27.56% in the global edible packaging market.
  • The U.S. is the major shareholder in the North America edible packaging market, accounting for more than 42% share in 2016.

The key players profiled in the edible packaging market includes WikiCell Designs Inc, MonoSol LLC, Tate & Lyle Plc, JRF Technology LLC, Safetraces, Inc., BluWrap, Skipping Rocks Lab, Tipa Corp, Watson, Inc., and Devro plc. Market players have adopted various strategies, such as product launch, collaboration & partnership and acquisition, to expand their foothold in the market.

Yeast Extracts and Beta-Glucan Market – Smart Strategies of the Research and Development Process

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Yeast Extracts

Summary: “Yeast Extracts and Beta-Glucan Market” the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The global yeast extracts and beta-glucan market is driven by factors such as rise in demand for yeast extract and beta-glucan among health-conscious consumers. In addition, increase in applications of yeast and specialty yeast products in the food & beverages industry and continuous investments in R&D for the development of new products boost the market growth. Furthermore, increase in cholesterol levels, rise in the number of obesity and diabetes cases have pushed the market of yeast extract and beta-glucans for making medicines, which are also used to boost the immune system.

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The demand for yeast extract and beta-glucan products has increased due to change in eating patterns and rise in consumption of processed food coupled with high disposable income in developing countries. Moreover, increase in use of yeast extract in the processed food industry has led to spiraling increase in the number of yeast manufactures.

Factors such as, shortage of molasses and easy availability of feasible substitutes in terms of sources of raw materials have affected the sales in response to yeast extract and beta-glucan manufactures to develop differentiated products. The untapped sectors for yeast extracts applications provide ample opportunities for development.

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KEY FINDINGS OFYEAST EXTRACTS AND BETA-GLUCAN MARKET:

  • The yeast extract segment occupied the highest share in 2015, and is expected to grow at a high CAGR of 7.53%, in terms of value, during the forecast period.
  • The European region is the leading market for yeast extract and beta-glucan products, followed by North America.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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U.S. Dry Aging Beef Market- Smart Strategies of the Research and Development Process

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Dry Aging Beef

Allied Market Research adds “U.S. Dry Aging Beef Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Dry aging beef process is carried out at home and restaurants using dry aging beef bags, which offer improved moisture impermeability. These bags increase yield, decrease microbial contamination, and provide convenience of usage.

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The rich flavor of dry aging beef is a key driver of the U.S. dry aging beef market. Increase in the number of restaurants and rise in inclination of specialist butchers toward traditional processes are expected to boost the consumption of dry aged beef in the U.S. Dry aging is a natural process wherein beef is kept unwrapped in a conditioned environment of an aging unit. The packaging business has flourished in the U.S., owing to increased production of beef to cater to the augmented demand from international markets and surge in trading business. Moreover, rise in preference for protein-rich products and uniquely flavored products among consumers and increase in disposable income are expected to boost the demand for dry aging beef in the U.S. in the near future.
In 2015, food service suppliers and restaurants were the major distribution channels of dry aged beef in the U.S. market. The demand for dry aging beef is expected to increase in the near future, owing to change in consumer preference towards uniquely flavored products and increase in disposable income in the U.S. Retail shops and restaurants offer various products based on dry aged beef.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:

5933 NE Win Sivers Drive,
#205, Portland, OR 97220,
United States.
Int’l:       +1-503-894-6022
Toll Free:   +1-800-792-5285
Fax:   +1-800-792-5285
help@alliedmarketresearch.com

Flour Market Size is Set to Grow at a Remarkable Pace in the Coming Years

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Flour

Allied Market Research adds “Flour Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Rise in health concerns for high-protein flour provides impetus for product innovation in alternatives such as rice flour, maize flour, corn flour, and soya flour. Owing to the urbanization and modern lifestyle, the demand for flour-based foods has boomed the market. Expansion of commercial farmlands and growth of aquatic feed industry in Asia-Pacific have raised the application of flour in animal husbandry. Growth in the global population and rise in per capita income are two major drivers of the market. Furthermore, increase in average selling price of flour in most of the countries has positively impacted the growth in the market.

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Europe accounted for the largest share in the market, owing to increase in inclination of consumers towards bread & bakery products. Asia-Pacific is further expected to account for the second largest share, attributed to growth in population as well as rise in trend among youngsters following western food habits and food products. It is expected to register a significant growth rate over the forecast period.

Key players operating in the global flour market focus on acquiring local players to strengthen their market reach as well as to expand their customer base. Major companies profiled in the report include Ardent Mills Canada, Archer Daniels Midland Company, Associated British Foods plc, ConAgra Foods, Inc., General Mills Inc., Hindustan Unilever Limited, Hodgson Mill., ITC Limited, King Arthur Flour Company, Inc., White Wings, and Willmar International.

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Flour Market report, published by Allied Market Research, forecasts that the global market is expected to garner $270,895 million by 2022, growing at a CAGR of 4.4% during the period 2016 – 2022. The wheat segment dominated this market, occupying more than three-fourths of the total share of revenue in 2015.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact Us:

5933 NE Win Sivers Drive,
#205, Portland, OR 97220,
United States.
Int’l:       +1-503-894-6022
Toll Free:   +1-800-792-5285
Fax:   +1-800-792-5285
help@alliedmarketresearch.com

Yeast Extracts and Beta-Glucan Market is to Reach $1,061 Million, Globally, by 2022

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Yeast Extracts and Beta-Glucan Market Report, published by Allied Market Research, forecasts that the global market was valued at $642 million in 2015, and is expected to reach $1,061 million by 2022, supported by a CAGR of 7.46% during the forecast period 2016 – 2022.

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The global yeast extracts and beta-glucan market is driven by factors such as rise in demand for yeast extract and beta-glucan among health-conscious consumers. In addition, increase in applications of yeast and specialty yeast products in the food & beverages industry and continuous investments in R&D for the development of new products boost the market growth. Furthermore, increase in cholesterol levels, rise in the number of obesity and diabetes cases have pushed the market of yeast extract and beta-glucans for making medicines, which are also used to boost the immune system.
The demand for yeast extract and beta-glucan products has increased due to change in eating patterns and rise in consumption of processed food coupled with high disposable income in developing countries. Moreover, increase in use of yeast extract in the processed food industry has led to spiraling increase in the number of yeast manufactures.
Factors such as, shortage of molasses and easy availability of feasible substitutes in terms of sources of raw materials have affected the sales in response to yeast extract and beta-glucan manufactures to develop differentiated products. The untapped sectors for yeast extracts applications provide ample opportunities for development.

Key findings of the study:

The yeast extract segment occupied the highest share in 2015, and is expected to grow at a high CAGR of 7.53%, in terms of value, during the forecast period.

The European region is the leading market for yeast extract and beta-glucan products, followed by North America.

To get more insights of the market study, connect to analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/1826

Alcoholic Beverages Market Expected to Reach $1,594 Billion, Globally, by 2022

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The demand for distilled spirits in the alcohol industry is relatively high, owing to the shift towards high-grade spirit variants. Higher consumption of hybrid, mixed, and flavored spirits is expected in the near future, due to the downward trend of beer market.

Alcoholic Beverages Market Report, published by Allied Market Research, states that the market was valued at $1,344 billion in 2015, and is projected to reach $1,594 billion by 2022, growing at a CAGR of 2.1% from 2016 to 2022. Asia-Pacific is the leader in alcoholic beverages market in both volume and value terms, and is expected to continue leading the market through 2022.

alcoholic beverages

An alcoholic beverage is a drink containing ethanol, commonly known as alcohol. Alcoholic beverages are divided into three general classes beers, wines, and spirits. Alcoholic beverages are consumed universally. The demand for these beverages has changed in the last few years, considering the on/off premises consumption trends.

Increase in global young adult demographic coupled with high disposable income fuel the global alcoholic beverages market. However, high cost of premium/super premium products, and growing demand for non-alcoholic beverages owing to health concerns is expected to restrict the market growth in future. Introduction of healthier varieties of beer and spirits is expected to offer lucrative opportunities for market players.

Beer is expected to maintain its dominance in the global alcoholic beverages market during the forecast period. This segment held over one-third of the market share in 2015, in value terms, owing to high consumption globally. However, distilled spirits are expected to grow with a faster rate due high demand for premium/super premium brands of this segment during the forecast period.

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In 2015, retail distribution channels dominated the global market, with nearly one-third share, in terms of volume. Increase in demand for off premises consumption across all alcohol brands, such as whiskey, beer, vodka, and wine is anticipated to drive the market growth.

Key Findings of the Alcoholic Beverages Market:

• In terms of value, distilled spirits segment is expected to grow at a CAGR of 2.4% during the forecast period.
• In Asia-Pacific, India is estimated to be the fastest growing country, in terms of value, growing at a CAGR of 2.4% during 20162022.
• Supermarket as a distribution channel occupied around one-thirds of the global market share in 2015, in value terms.
• China accounted for half of the Asia-Pacific alcoholic beverages market in 2015, and is expected to grow at a significant CAGR of 2.3%, in terms of value.
• In 2015, Asia-Pacific and Europe collectively accounted for over three-fifths of the global market, though Europe is expected to grow faster during the forecast period. High growth rates in Italy, France, Spain, and UK is estimated to drive this development

The major companies profiled in the report include Anheuser-Busch InBev SA/NV, Bacardi Limited, Beam Suntory Inc., Constellation Brands Inc., Diageo Plc, Heineken Holding NV, Molson Coors Brewing Co., Pernod Ricard SA, SABMiller Ltd., United Spirits Ltd.