Food & Beverages Market: May 2015

Thursday 28 May 2015

An Expert suggetions on Gluten Free Products Market

Gluten-free products are specifically designed for people suffering from gluten-related disorders such as celiac disease and non-celiac gluten sensitivity (NCGS). Gluten-related disorders were considered exceptionally rare until a few decades ago and gluten-free products were part of a niche group that catered to a very limited portion of the world’s population. However, the market for gluten-free products has grown significantly with the increasing prevalence of gluten-associated disorders.

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The National Foundation for Celiac Awareness (NFCA) has found that approximately 1 in 133 persons in the U.S. suffers from celiac disease, which is around 1% of the total American population. Of this, at least 83% are either undiagnosed or misdiagnosed. The prevention and treatment of gluten-related disorders lies in proper diagnosis and diet, which forms the basis of the gluten-free products market.

The research report is a compact yet immensely resourceful study, which provides key insights into the global gluten-free products market. Tracking the emergence and development of regional markets as well as the worldwide market, the report sheds light on the structure, elements, dynamics, and scope of the gluten-free products market. It highlights the contribution of major players within the market and focuses on several mainstream and niche products commercially available today.

Overview of the global gluten-free products market

There is a conventional belief among consumers that gluten-free products are significantly healthier than products that contain gluten. Although there is no medical proof to support this belief, it has led to a rather impressive rise in demand for gluten-free products across the globe. The increasing prevalence of gluten-related disorders has not only led to growing awareness among consumers regarding early diagnosis and treatment of celiac disease but also increased the adoption of gluten-free dietary products on a much wider scale. The availability of these products has risen thanks to strong natural and conventional sales channels. Standalone health food stores and natural food chains have emerged in various developed countries, apart from conventional retailers such as drug stores, grocery stores, and mass merchandisers.

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Strengthening R&D activities, new product launches, gluten-free certification of products, entry of private labels, and increasing visibility of gluten-free products are all factors that support the overall market. In contrast, high cost, nutritional aspect, and taste restraints are some of the challenges faced by the gluten-free products market.

Geographically speaking, North America and Europe are not only the largest manufacturers of gluten-free products but also the biggest markets in terms of demand. Some of the key reasons attributed to this growth are the rising prevalence of celiac diseases and food allergies in the regions, growing awareness regarding the same among healthcare practitioners, patients, and the general public, availability of a wider assortment of products, and healthy eating trends in an informed, affluent population.

Companies mentioned in the research report

There has been a significant boom in the gluten-free products market, with an increasing number of players entering the arena. The prominent companies operating within the gluten-free products market include Domino's Pizza Inc., Alara Wholefoods Ltd, Glutamel, Hero Group AG, Big Oz Industries Ltd, H.J. Heinz Company, and Kellogg Company.

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The Current Trends and Future Growth in Animal Food Market

Increasing concerns pertaining to the health and wellness of pets among individuals is driving the global animal food market. The market is characterized by high competition and is a very important segment within the global food industry. While escalating pet care concerns are responsible for the high demand for effective and nutritious animal food, the intensifying competitiveness in the market ensures improved quality and cost-effectiveness of the products.

The research report provides a holistic blueprint of the elementary components shaping the global market for animal food. In-depth analysis forms the basis of the report, which evaluates the market in terms of the numerous product segments within it, consumer groups, retail distribution channels, incumbent trends, size, market share analysis, developments, and future growth prospects. Apart from this, the report also studies at large the potential exhibited by emerging regional markets for animal food.

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The report presents a comprehensive overview of the structure, diversity, and other relevant components of the animal food market. It also analyzes the scope of the market and identifies prospective business strategies, key competitors, and development opportunities. The global animal food market has been segmented into dry dog food, moist cat food, dry cat food, cat and dog treats, moist dog food, and others in terms of the wide range of product types available in the market.

Overview of the global animal food market

The global animal food market is poised to register moderate growth between 2012 and 2018. The growth of the market is spurred on by the increasing consciousness among individuals pertaining to the health and wellness of their pets. Pet owners around the world have become more aware about the significance of pet nutrition, which has significantly propelled the animal food market in the last couple of years. Meanwhile, rising disposable income of people living in the emerging economies of Asia Pacific is also expected to boost the demand for animal food during the forecast period.

Impelled by factors such as changing lifestyle, surge in urbanization, growing preference for nuclear families, and changing perception among consumers pertaining to animal health, the global animal food market is likely to grow significantly during the forecast period. However, manufacturers might have to address certain regulatory issues and take the necessary steps to reduce the chances of their products triggering side effects in pets, to ensure a sustainable growth of the global animal food market in the future. Of the numerous product segments, dry dog food is expected to lead the global animal food market on account of the widespread preference for dogs as family pets.

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In order to study the competitive landscape of the market, the publication profiles the leading players in the market and appraises their respective financial records, growth strategies, and business outlook.

Companies mentioned in the research report

The global animal food market is highly fragmented, with an increasing number of players vying for a dominant position in the market. The major players in the market identified by the report include Artemis Company, Annamaet PetFoods, Active Life Pet Products, Azmira Holistic Animal Care, Arkat Nutrition, Bell Rock Growers, Inc., Breeder's Choice Pet Foods, Inc., Blue Seal Feeds, Inc., Beowulf Natural Feeds, Inc., BilJac Foods, Inc., LLC., Bench & Field Pet Foods, BalanceDiet, Cloud Star Corporation, Chenango Valley Pet Foods, Inc., Chomp, Inc., Newman's Own Organic, Nutro Products, Inc., and others.

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Tuesday 26 May 2015

Global Market for Protein Ingredients

Proteins are polymers of amino acids joined together by peptide bonds. Proteins are constantly synthesized and degraded through metabolic processes for energy recovery and storage. From a nutritional perspective, protein ingredients have diverse applications in health and wellness industry such as pre workout fuel, post workout replenishment, and help in protection of muscles. In addition, it is also used in heath supplements, food and beverages, pharmaceuticals and some cosmetic products.

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The global protein ingredients market is growing at a rapid pace, predominantly due to the increasing adoption of protein supplements in the light of different advantages they represent such as high calorie intake. Growing application of protein ingredients in nutraceuticals, food and beverage, and wellness industries is expected to fuel the market growth in the coming years. In addition, increasing number of health conscious consumers, growing number of fitness centers and health clubs, and rising demand for energy drinks and processed foods are also expected to boost the global protein ingredients market. According to a report published by International Health, Racquet & Sports Club Association (IHRSA), the number of health and wellness centers has risen from 128,500 to 153,000 in the U.S. in the last four years. However, animal protein ingredients market is now challenged by plant derived proteins due to price differences and quality fluctuations. Furthermore, consumer attitude particularly towards gluten-free protein products is also expected to boost the growth of plant derived protein products market.

The global protein ingredients market segmentation can be analyzed on the basis of source, applications and geography in order to provide a comprehensive picture of the market. On the basis of source, the protein ingredients market is broadly classified into two categories, namely, animal protein ingredients and plant protein ingredients. Animal protein ingredients can be further categorized into dairy protein ingredients, egg proteins and gelatin. Diary protein ingredients represent the largest market by revenue among animal derived protein ingredients. The plant derived protein ingredients include soy protein, wheat protein, pea protein and others.

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Based on geography, the protein ingredients market is segmented into four major regions such as North America, Europe, Asia-Pacific and Rest of the World (RoW). North America by far, accounts for the largest consumer share for protein ingredients owing to the high growth health and wellness industry in the region. Europe is the second largest consumer market primarily due to high adoption rates of protein-based energy products by consumers, improved productivity and increased product value. England, France, Belgium, Italy and Germany are the key countries contributing to the European protein ingredients market. Western Europe is expected to witness an escalation in gelatin demand due to a favorable regulatory framework and high consumer awareness on gelatin based products. Asia-Pacific is expected to be a high growth potential market for protein ingredients owing to growing awareness about health and increasing disposable income in the region.

The protein ingredients market is highly fragmented, with a lot of competition for shelf space in the retail market. The key players in the global protein ingredients market include Nestlé S.A., Unilever, PepsiCo Inc., Abbott Nutrition, Hilmar Cheese Company, Hostess Brands, Inc., Showa Sangyo Co., Ltd., STERLING GELATIN, Ben & Jerry's Homemade Holdings Inc., BEECHNUT, Milk Specialties Global, Weider Global Nutrition, Dean Foods, Nellson Nutraceutical LLC, Davisco Foods International, Inc., and Maple Island, Inc.

Download PDF: Protein Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 - 2020