The global inulin market is expected to be valued at approximately USD 2.4 billion and it is projected to grow at an approximate CAGR of over 10% over the forecast period.
The gluten free food market is estimated to grow at an approximate CAGR of 10.4% from 2016 to 2024. The growing number of people suffering from celiac disease and with gluten sensitivity is one of the major factors driving the growth in the gluten free food market.
The vitamin E market is expected to grow at a CAGR of above 5% over the forecast period from 2016 to 2024. Vitamin E has distinct benefits on human body such as it acts as an antioxidant in the human body, neurological health, gene expression, and lipid health.
Increasing vegetable oils application in fuel production, culinary, soaps and perfume formulations is expected to drive the global market over the forecast period.
Global Rice bran oil market is expected to achieve significant growth over the forecast period on account of its growing popularity in food & supplements as well as cosmetics & health care industry.
Modified starch, likewise named as starch by-products, is arranged by actually, enzymatically, or chemically handling natural starch to transform its belongings. Modified starches are utilized in almost all starch uses, like in foodstuff products by means of a stiffening agent, preservative or emulsifier; in medicines as a degenerate; as binder in layered paper. They are too utilized in numerous other uses.
The global bio vanillin market was estimated at USD 125.4 million in 2015. The market is expected surpass USD 226 million by 2024. Use of the product in an array of applications, like cosmetics, pharmaceuticals, and food & beverages can catapult demand over the forecast period (2016 - 2024).
Presence of key nutrition including omega 3 acids, eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in fish oil is one of the key factors driving the fish oil market.
EPA/DHA (Omega 3) Ingredients global market demand is expected to grow over the forecast period due to its increasing applications in lifestyle disease prevention medicines. Omega 3 fatty acids are eicosapentaenoic acid (EPA), docosahexaenoic acid and alpha-linolenic acid (ALA).
The global organic seed market is expected to be valued at approximately USD 1.6 billion in 2015 and it is expected to grow at approximate CAGR of over 14 % over the forecast period of 2016 to 2024.
Pea protein is a type of food additive that hasa neutral taste. It is majorly used in dairy alternatives such as yogurt and cheese.
The global oleoresins market size was estimated at USD1.15 Billion in 2013. The demand for the product grew due to the growth of end-use industries such as soap, perfumery and beverage.
Rising chronic diseases and changing lifestyles have led to health scare. This has resulted in consumers searching for foods that raise their immunity levels.
Growing awareness among consumers towards nutrients and vitamins containing food is expected to fuel the global phytosterols market growth over the next five years. Increasing demand for herbs and minerals extracts to be reinforced as food additives in beverages and foods are anticipated to spur the market growth over the forecast period. Phytosterols are steroid compounds derived from plants and have similar characteristics as cholesterol such as structural behavior and functionality.
Prebiotics are fibers simulated by certain type of favorable microorganisms such as bacteria or fungi. These fibers are helpful in extracting, transporting and retaining nutrients in the body and helps in extracting vital vitamins and minerals from the consumables.
Rise in awareness of disadvantages of inorganic food on health has shifted the trend to develop organic food which is expected to drive the market of organic food & beverages majorly. Factors such as awareness about the harmful effects of synthetic ingredient and desire of improving overall health are expected to spur the organic food & beverages market in coming years.
Growing geriatric population particularly in Europe and Japan is expected to bolster the global polyphenol market growth over the next five years. Increasing awareness of consumers towards health is anticipated to drive the polyphenol market growth over the forecast period.
Global Probiotics market was valued at USD 32 Billion in 2015. Probiotics are live bacteria that are good for the digestive system of a human. These are naturally found in human body.
Egg phosphatidylcholine is used to improve liver functionality and enhance the functioning of digestive system in elderly people. Increasing old age population is expected to drive the market growth. Moreover, egg phosphatidylcholine is used as means of relief for food allergies which in turn is expected to drive demand in dietary supplements. FDA approval for choline, an ingredient in egg phosphatidylcholine, is expected to supplement growing importance as a dietary supplement. FDA approval for choline, an ingredient in egg phosphatidylcholine, is expected to supplement growing importance as a dietary supplement.
Tea polyphenols market has been witnessing strong growth over the past few years on account of increasing demand from food and beverage industry, and the trend is expected to continue over the forecast period. Rising purchasing parity of consumers coupled with changing life style has increased the consumption of tea polyphenols over the last few years and it is anticipated to fuel the market growth in near future. Growing health concerns over the last few years resulted in increasing demand for green tea and other nutraceutical products, which in turn expected to drive tea polyphenols market over the forecast period. Innovation in functional beverage’s industry owing to rising demand for healthy drinks is anticipated to drive the market growth over the next six years.