Future of Edible Oils: Market Set to Reach $306.92 Billion by 2029

 The global edible oils market is projected to grow from USD 250.78 billion in 2024 to USD 306.92 billion by 2029, at a compound annual growth rate (CAGR) of 4.1%. This expansion is driven by a combination of increasing global population, rising disposable incomes, and evolving dietary preferences. The broad applications of edible oils across food processing, industrial uses, baking, and cooking have solidified its position as an essential commodity worldwide.

Drivers of Market Growth

Shift in Production Focus to South America

South America is emerging as a key player in the global soybean market, significantly influencing the edible oils industry. According to the OECD-FAO Agricultural Outlook 2023–2032, global soybean production is projected to grow by 0.9% annually over the next decade, a slowdown compared to the previous decade’s 2.2% growth rate. However, South America, particularly Brazil, is leveraging innovative practices such as double cropping (planting soybeans after maize or wheat) to enhance output. Brazil, the world’s largest soybean producer, is expected to increase production by 0.8% annually, outpacing the US growth rate of 0.6% annually.

Get Custom Data to Solve Your Business Challenges

Market Segment Insights

Industrial Applications Dominate Market Share

The industrial sector holds the largest edible oils market share, primarily driven by the food processing industry. Edible oils are indispensable in baking, frying, and producing processed foods due to their ability to enhance texture, flavor, and shelf life.

In Europe, the bakery industry stands as a significant driver for edible oil demand. According to the Applied Human Factors and Ergonomics (AHFE) report, the European bakery market was valued at USD 226 billion in 2020, accounting for 41% of the global market share. Countries like Germany, France, and the UK, where bread and pastries are dietary staples, are at the forefront of bakery production and consumption, spurring demand for essential oils such as palm and sunflower oils.

Asia-Pacific: The Fastest-Growing Region

Between 2024 and 2029, the Asia-Pacific region is expected to experience the fastest growth in the edible oils market. Factors contributing to this growth include:

• A rapidly growing population
• Increasing disposable incomes
• Rising consumer preference for healthy cooking oils

Key players driving this regional growth include Wilmar International Ltd (Singapore), United Plantations Berhad (Malaysia), and the Adani Group (India). Notably, in June 2020, United Plantations Berhad launched NutroOlive, a blend of Extra Virgin Olive Oil and Red Palm Oil. This innovative product is rich in carotenoids, monounsaturated fatty acids, antioxidants, and natural vitamins. NutroOlive’s sustainability certification by the Round Table on Sustainable Palm Oil aligns with consumer demand for health-conscious and eco-friendly edible oils, reflecting the region’s commitment to premium and sustainable products.

Schedule a call with our Analysts to discuss your business needs

Innovations and Sustainability

The edible oils market is witnessing a surge in innovative products and sustainable practices. Companies are focusing on health benefits and environmental impact, catering to a growing segment of health-conscious consumers. For instance, NutroOlive’s dual-purpose use for frying, baking, and salad dressings represents the kind of innovation that resonates with modern consumers.

Profiles of Key Market Players

Prominent edible oils companies include:

• ADM (US)
• Bunge (US)
• Associated British Foods plc (UK)
• Wilmar International Ltd (Singapore)
• United Plantations Berhad (Malaysia)
• Sime Darby Berhad (Malaysia)
• BORGES AGRICULTURAL & INDUSTRIAL EDIBLE OILS, S.A.U. (Spain)
• Cargill Incorporated (US)
• GrainCorp (Australia)

 

Food Certification Market Growth Accelerates Toward $7.72 Billion by 2029

 The food certification market is driven by the rising consumer demand for safe, high-quality food and transparency in food production processes. Certification programs ensure that food products meet specific safety, quality, environmental, and ethical standards, often helping manufacturers and distributors to access global markets and comply with regional regulations. The food certification market size is estimated to be worth USD 5.85 billion in 2024 and is projected to reach USD 7.72 billion by 2029, at a CAGR of 5.7% during the forecast period.

Discover more—download your PDF copy now!

Popular Certification Standards:

• ISO 22000: Covers food safety management systems.
• HACCP (Hazard Analysis Critical Control Points): Focuses on risk management in food production.
• GFSI (Global Food Safety Initiative): Sets international standards for food safety and quality.
• Organic, Non-GMO, and Fair Trade: Certifications for organic and non-GMO labeling, and fair-trade practices are increasingly popular as consumers prioritize ethical sourcing.

Food Certification Market Growth Drivers:

• Increasing Food Safety Concerns: Growing incidents of foodborne illnesses and contamination have made food certification essential for ensuring safety.
•  Consumer Demand for Transparency: Consumers increasingly seek information on product origin, ingredients, and production methods, driving the need for certified food labels.
• Government Regulations: Many countries have stringent food safety regulations, encouraging businesses to obtain certifications to meet these legal requirements.
• Global Trade and Export Requirements: Certified products often find it easier to penetrate global markets, as certification aligns with international trade standards.

Food Certification Market Trends:

• Digital Certification and Traceability: Many certification bodies are integrating digital tools to streamline certification processes.
• Focus on Sustainability: Growing emphasis on certifications that highlight sustainable practices, including certifications for organic, fair trade, and environmentally friendly practices.

What role does globalization play in the demand for dietary and lifestyle certifications?

The dietary and lifestyle certification segment, which includes certifications like Halal, Kosher, and free-form (gluten-free, allergen-free), is the fastest-growing category in the food certification due to several compelling factors. There is an increasing global population that adheres to specific dietary laws and lifestyle choices, driven by cultural, religious, and health considerations. For instance, the demand for Halal and Kosher certifications is rising as more consumers seek food that aligns with their religious beliefs. Additionally, the growing awareness and diagnosis of food allergies and intolerances have led to a surge in demand for free-form certifications, catering to individuals with specific dietary restrictions. Furthermore, the globalization of food products means that consumers are more exposed to various dietary preferences and lifestyles, leading to a heightened demand for products that cater to these needs. As a result, dietary and lifestyle certifications are experiencing significant growth, reflecting a broader trend toward inclusivity and health-conscious eating habits in the global food market.

Make an Inquiry to Address your Specific Business Needs

North America's Dominance in Food Certification: Key Drivers and Insights

Primarily driven by a combination of health consciousness, regulatory requirements, and consumer demand for transparency. The region has a diverse population with varying dietary preferences, including a significant number of individuals following specific dietary laws, such as Halal and Kosher, as well as those seeking free-form products like gluten-free and allergen-free options.

The rise in food-related health issues, such as allergies and intolerances, has heightened awareness and demand for certifications that ensure product safety and compliance with dietary needs. Consumers are increasingly prioritizing clean label products, which has led food manufacturers to seek certifications that validate their claims, thereby boosting market growth.

Food Certification Companies

• DEKRA (Germany)
• SGS (France)
• Intertek Group plc (UK)
• AsureQuality (New Zealand)
• Bureau Veritas (France)
• LQRA (UK)
• DNV (Norway)
• TÜV SÜD (Germany)

 

The Rising Demand for Gelatin: A Peek into the Global Market

 The global gelatin market, estimated at USD 4.0 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6.9%, reaching USD 5.6 billion by 2029. This growth is largely driven by the increasing demand for pharmaceutical-grade gelatin, which has wide-ranging applications across industries such as food and beverages, medicine, and cosmetics.

Pharmaceutical Grade Gelatin: A Key Driver

Pharmaceutical-grade gelatin is one of the primary factors propelling the market’s growth. Gelatin is a collagen-derived protein that plays a crucial role in the pharmaceutical industry, particularly in the production of capsules and tablets. Companies like Tessenderlo Group and Gelita AG are investing heavily in research and development (R&D) to enhance their product offerings and maintain a competitive edge. A notable development in this area was Rousselot’s launch of Quali-Pure HGP 2000 in May 2022, an endotoxin-controlled gelatin designed for vaccines and wound healing applications. Similarly, in 2021, Rousselot expanded its pharmaceutical portfolio with X-Pure GelDAT, a purified, pharmaceutical-grade gelatin.

The versatility of gelatin is another reason for its market expansion. It acts as a thickening, stabilizing, and gelling agent in the food and beverage industry, while also being used for its film-forming and moisturizing properties in cosmetics. Technological advancements in gelatin production methods and the development of alternative gelatins are further boosting market growth, as consumers increasingly seek dietary options and ethically sourced ingredients.

How have changing lifestyles and food habits contributed to the gelatin market’s expansion?

A significant opportunity for the gelatin industry lies in changing lifestyles and food habits, especially in emerging economies. The adoption of Western dietary preferences and an increased demand for functional ingredients in food products have contributed to the growing gelatin consumption, particularly in regions like Asia Pacific, South America, the Middle East, and Eastern Europe. For instance, in October 2022, PB Leiner expanded its pharmaceutical portfolio by introducing new products such as Dsolve B, Dsolve P, and Dsolve XTRA, designed to cater to various consumer needs in the pharmaceutical sector.

In addition, the growing demand for halal-certified gelatin, particularly in Islamic countries and parts of Asia, has prompted companies like Gelita AG to make strategic acquisitions. In December 2020, Gelita AG acquired 65% of the shares in the Turkish gelatin manufacturer Sellel, aiming to meet the increasing demand for halal bovine gelatin.

For complete details, access your PDF copy here

Type A Gelatin: The Fastest Growing Segment

Among the different types of gelatin, Type A is expected to register the highest CAGR over the forecasted period. Type A gelatin has gained recognition for its ability to create 3D matrices, which are used to reconstruct skin collagen’s fibrillar pattern, making it an essential component in the development of skin dressings. It is also widely used in medical devices, pharmaceuticals, and cosmetics, further fueling its demand.

Moreover, Type A gelatin is increasingly being used in drug delivery systems, with advancements in nanotechnology enabling its transformation into nanoparticles or microspheres. These developments have led to significant investments from industry leaders such as Darling Ingredients and Symatese. For example, in March 2023, Symrise introduced a new range of bioactives under the Diana Food brand, with Type A gelatin as a key ingredient in their “Beauty from Within” products.

North America: A Strong Market Presence

North America, which includes the US, Canada, and Mexico, is expected to hold a substantial share of the global gelatin market. The region’s gelatin market is set to grow due to increasing health concerns, the widespread availability of pork and beef, and rising consumption of ready-to-eat and bakery products. The US, with its large food processing industry, is expected to see heightened demand for gelatin, especially in food fortification and preservation, as it helps reduce food waste.

The Gelatin Manufacturers Institute of America (GMIA) plays a significant role in regulating gelatin production in North America. GMIA member companies include global leaders such as Nitta Gelatin (Japan), Weishardt (France), Gelita (Germany), PB Leiner (Belgium), and Rousselot (Netherlands), ensuring the quality and safety of gelatin products across the region.

The gelatin market is on an upward trajectory, driven by the increasing demand for pharmaceutical-grade gelatin, the versatility of gelatin across multiple industries, and emerging opportunities in developing economies. Technological advancements and innovations in Type A gelatin further promise to shape the future of the market. As consumer preferences evolve and industries continue to explore new applications for gelatin, the market is expected to experience sustained growth in the coming years.

Make an Inquiry to Address your Specific Business Needs

 

Batter & Breader Premixes Industry Valuation Expected to Surpass $3.8 Billion by 2028

 Batter and breader premixes are essential components used in the preparation of fried or baked food products to enhance flavor, texture, and appearance. These premixes are widely used in both industrial food processing and home cooking.

The global batter and breader premixes market has been witnessing robust growth, driven by evolving consumer preferences, the rise of fast-food culture, and increasing demand for convenience foods. These premixes are essential in food processing for enhancing texture, flavor, and appearance in fried and baked foods. Key segments in this market include batters such as adhesion batters, tempura batters, and breaders like seasoned bread crumbs and cracker meal. The global batter & breader premixes market size is estimated at USD 2.7 billion in 2023 and is projected to reach USD 3.8 billion by 2028, at a CAGR of 6.7% during the forecast period.

For complete details, access your PDF copy here!

Applications:

• Food Service Industry: Fast food chains and restaurants use batter and breader premixes for a variety of dishes, such as fried chicken, onion rings, and tempura.
• Frozen and Processed Foods: Premixes are used in frozen products to maintain flavor and texture after reheating.
• Home Cooking: Increasingly popular with consumers who want restaurant-quality results at home.

Key Batter Premixes Market Growth Drivers:

• Convenience Foods Popularity: The growing trend of ready-to-cook and ready-to-eat meals is propelling demand for premixes that provide high-quality coatings.
• Rising Fast Food Consumption: Expanding global fast food chains are significantly contributing to the demand for consistent, high-performing batter and breader solutions.
• Innovation in Flavors and Ingredients: Manufacturers are focusing on clean-label products and gluten-free options to cater to health-conscious consumers.

Breader Premixes Market Trends to Watch:

• Sustainability and Plant-Based Options: The market is seeing growth in plant-based and allergen-free batter and breader offerings.
• Technological Advancements: Innovations in processing techniques and ingredient sourcing are enabling more efficient production and diverse product offerings.

What are the primary factors impacting the batter & breader premixes market?

The batter and breader premixes industry is significantly influenced by the expanding convenience and fast-food sectors, as well as the innovative product offerings from manufacturers. The fast-food industry is experiencing rapid growth, driven by evolving lifestyles worldwide. The US remains the leading market for fast food, a trend that is expected to persist. Meanwhile, the Asia Pacific region's emerging economies have become major markets for batter and breader premixes, supported by rising disposable incomes, a fast-growing population, and an increasing demand for processed foods. The spread of Western culinary influences in developing regions such as Asia Pacific and Latin America has further fueled the demand for fast-food products. Additionally, continuous innovation provides lucrative investment opportunities for premix manufacturers. However, increasing awareness of the negative health effects associated with fried foods, such as obesity, high cholesterol, and heart disease, poses challenges to the market.

Flour & Starch Hold the Top Breader Premixes Market Share

Flour and starch-based breader formulations are highly adaptable to a diverse range of culinary applications. They can be tailored to suit different cuisines and accommodate various dietary preferences, making them a go-to choice for food processors and chefs across the industry. Whether used in coating meats, vegetables, or even desserts, these breader types offer a reliable and flexible solution for achieving the desired texture and flavor profile.

North American Batter & Breader Premixes Market to Capture Largest Share

North America, particularly the US, has been a major consumer of processed and convenience foods, including cheese-flavored snacks and related products, which drive the demand for batter and breader premixes as key ingredients. Consumers increasingly favor convenient, ready-to-eat, and portable snack options, and batter and breader premixes play a crucial role in adding flavor and enhancing the appeal of these products. The region’s strong focus on convenience and indulgence is a significant factor behind this demand. Fast-paced lifestyles and busy schedules have fueled the need for pre-prepared and easy-to-cook food options. Batters and breaders provide a quick and effective solution for improving the texture and flavor of various food items, aligning seamlessly with North America's diverse culinary culture. This includes popular battered and breaded dishes like fried chicken and fish and chips, which remain staples in the regional diet.

Market Leaders in Breader Premixes

• ADM (US)
• Kerry Group Plc (Ireland)
• Associated British Foods plc (UK)
• Cargill, Incorporated (US)
• Ingredion (US)
• McCormick & Company, Inc. (US)
• Showa Sangyo Co., Ltd. (Japan)
• Bunge Limited (US)

Batter Premixes Market Update: Significant Recent Developments

• In July 2022, Ingredion (US) made investments, including the opening of a cutting-edge manufacturing facility in Shandong, China, that has more than doubled its starch production capacity in the country. Ingredion's USD 160 million capital investment to expand specialty starch production marks a significant stride toward meeting global demand for modified and clean-label starches.  This move strategically positions Ingredion to cater to the increasing demand in the Asia-Pacific region. The company's investments not only aim to expand capacity but also to enhance sustainability and reduce long-term costs.
• In March 2023, Kerry Group plc (Ireland) inaugurated the Southern Europe Innovation Centre in Barcelona, Spain, showcasing its commitment to expanding its presence in the region, catering to customers in Spain, Portugal, Italy, and France. By leveraging the facility's cutting-edge labs and technology expertise, Kerry can accelerate the development of novel and tailored batter & breader premixes solutions for the region. This enhanced product portfolio and the ability to cater to diverse consumer tastes are likely to position Kerry as a dominant player in the South European batter & breader premixes market.

 

Global Bread Improvers Market: Trends in Emulsifiers, Enzymes, and End User Applications

 The global bread improvers market plays a crucial role in the bakery industry by enhancing the quality, texture, and shelf life of bread products. Bread improvers are used to optimize the baking process, ensuring consistent results and meeting consumer demands for high-quality baked goods. The global bread improvers market has experienced steady growth due to the rising demand for bakery products, the need for improved dough stability, and the increasing adoption of advanced baking techniques. Health-conscious consumers are also driving the market, with a preference for clean-label and organic bread improvers.

From USD 1.5 Billion to USD 1.9 Billion: Bread Improvers Market Growth Unveiled

The global bread improvers industry, valued at USD 1.5 Billion in 2023, highlights a remarkable growth projection, anticipated to escalate to USD 1.9 Billion by 2028, indicating a robust compound annual growth rate (CAGR) of 5.9% during the forecast period. According to the USDA Report on Food Processing Ingredients published in March 2021, the sales of bakery products experienced an increase of 7% to reach an impressive U.S. $1.2 billion in 2020. This growth coincided with a significant rise in consumer expenditure on bread and cereals, which reached U.S. $206.9 per capita, marking an 8.3% increase from the previous year (2019).

Request Custom Data to Address your Specific Business Needs: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=29099697

Alongside this upward trajectory in the bakery sector, the demand for bread improvers has also seen a corresponding increase. As bakery manufacturers strive to meet consumer expectations for high-quality, flavorful, and longer-lasting bread products, the use of bread improvers has become increasingly prevalent. By enhancing the texture, volume, and shelf life of bread, bread improvers play a crucial role in ensuring consistent product quality and meeting consumer preferences.

Expanding Applications of Bread Improvers Creates Opportunities for Bakery Manufacturers

There are plenty of opportunities for bakery makers to broaden their product lines and break into new market niches with growing applications of bread improvers. Bread improvers have long been used to raise the quality and consistency of bread products, but they are currently found in a greater variety of baked goods, such as pastries, buns, rolls, and specialty breads. By using bread improvers more widely, bakery businesses may better meet changing consumer demands for a wider range of baked goods, resulting in more creativity and variety across their product lines.

Furthermore, bakery businesses benefit greatly from using bread improvers because of the increased consumer interest in healthier and more useful baked foods. This gives bakeries a competitive edge in the market and is in line with the growing customer need for healthier food options. The development of gluten-free, low-carb, and other specialty bakery goods to satisfy the demands of customers with dietary restrictions or preferences is also made possible by the adaptability of bread improvers, which increases the market potential for bakeries.

Europe Holds the Largest Bread Improvers Market Share

According to the Federation of Bakers (UK), Bread consumption patterns vary significantly across the EU, with the majority of countries averaging a consumption of 50 kg of bread per person per year. The market structure across Europe exhibits diversity. For instance, in the UK, the industrial sector represents 80% of production, while it accounts for 40% in Germany, 35% in France, approximately 81% in the Netherlands, and 19% in Spain. Moreover, bread consumption remains steady in Western Europe, although it differs significantly from country to country. Germans and Austrians lead in bread consumption, averaging around 80 kg per year, while the UK and Ireland have the lowest annual consumption, with less than 50 kg. The widespread consumption of bread across the European region indicates a substantial market for bread and related products, creating a significant demand for technologies and solutions that can enhance the quality, texture, and shelf life of bread.

To know more get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=29099697

As mentioned in the Baking Europe 2020 Report, the majority of bread consumed in Europe is currently manufactured by large-scale plant bakeries, which produce bread and other baked goods on an industrial level. These facilities utilize machinery, technology, and scientific advancements to their fullest extent in automated bread-making processes that aim to meet consumer demands for quality, consistency, convenience, and affordability. Thus, bread improvers play a crucial role by providing bakery manufacturers with the tools and formulations needed to optimize their production processes and meet the evolving demands of consumers.

The Role of Key Manufacturers in the Bread Improvers Industry: Insights from Puratos, Lesaffre, and IFF

Puratos: A Global Leader in Food Ingredients and Innovation

Puratos stands at the forefront of the food ingredients industry, offering a comprehensive range of products and application support for bakery, patisserie, and chocolate sectors. With a presence in nearly 100 countries, Puratos operates 74 production units across 52 countries and distributes its products to 135 nations. The company boasts 129 subsidiaries in 84 countries, supported by a network of 1,169 researchers stationed at over 69 research centers. These centers focus on 30 patented product categories and are complemented by 118 innovation centers worldwide dedicated to developing cutting-edge solutions

International Flavors & Fragrances Inc. (IFF): Innovating with Enzyme Technology

International Flavors & Fragrances Inc. (IFF) excels in producing and supplying flavors and fragrances for diverse industries including food, beverages, personal care, and household products. The company operates across four segments: Nourish, Health & Biosciences, and Scent & Pharma Solutions. IFF’s Nourish segment provides advanced ingredients such as flavors, sweeteners, enzymes, and cultures, including bread improvers that enhance baking performance.

With manufacturing facilities in Germany, Indonesia, China, and Brazil, IFF serves markets in North America, Latin America, Greater Asia, and EMEA. The company holds various certifications, including ISO 9001, FSSC 22000, RSPO, and FSC. In May 2023, IFF launched the ENOVERA 2000 range in Europe, a breakthrough in enzyme technology for the bakery sector. This innovative solution allows bakers to replace up to 50% of vital gluten, especially in whole wheat bread production, reducing operational costs while upholding high product standards.

Lesaffre: Pioneering Fermentation Solutions for Baking and Beyond

Lesaffre, a leading French biotechnology firm, specializes in fermentation solutions for bakeries, food production, and nutrition. The company operates across four main segments: baking (yeast & ingredients), food taste & pleasure, healthcare, and biotechnology. Lesaffre’s baking solutions segment offers a wide range of bread improvers tailored to various baking needs through global brands such as Magimix and Pulso.

The Bread Improvers Market Trends

Clean Label and Natural Ingredients: Consumers are increasingly seeking products with clean labels and natural ingredients. Bread improvers that emphasize transparency and the use of natural components are gaining popularity.

Health-Conscious Choices: There is a growing demand for bread improvers that cater to health-conscious consumers. This includes improvers that enhance nutritional value, support reduced sugar or sodium content, and offer functional benefits like higher fiber content.

Technological Advancements: Innovations in enzyme technology, hydrocolloids, and emulsifiers are driving the development of more effective and versatile bread improvers. These advancements help improve dough stability, texture, and shelf life.

Sustainability Focus: Sustainability is becoming a significant factor in the global bread improvers industry. Companies are exploring eco-friendly production processes and sourcing ingredients from sustainable sources to meet consumer and regulatory demands.

Customization and Tailored Solutions: As the market becomes more diverse, there is a trend toward customized bread improvers that cater to specific needs of bakeries and food manufacturers. This includes tailored solutions for different types of bread and baking conditions.

Growth in Artisan and Specialty Bread: The rise of artisan and specialty bread products has led to increased demand for specialized bread improvers that can help achieve unique textures and flavors.

 

Expanding Horizons: Food Preservatives Market Worth $3.9 Billion by 2028

 The food preservatives market refers to the industry that produces and supplies substances used to prolong the shelf life of food products by inhibiting the growth of microorganisms, oxidation, or other undesirable chemical changes. These preservatives help maintain the quality, safety, and freshness of food, allowing for longer storage, transportation, and distribution.

The global food preservatives market size was valued at US$ 3.3 billion in 2022 and is poised to grow from US$ 3.4 billion in 2023 to US$ 3.9 billion by 2028, growing at a CAGR of 3.0% in the forecast period (2023-2028).

The food preservatives industry includes various types of preservatives such as antimicrobials, antioxidants, and antimicrobial/antioxidant blends, among others. Commonly used preservatives include sodium benzoate, potassium sorbate, nitrites, sulfites, and ascorbic acid among others.

To know more get PDF Copy

While food preservatives play a crucial role in food safety and quality, there’s also growing consumer interest in reducing the use of synthetic food preservatives and exploring alternatives to meet clean-label preferences. This trend is driving research and development efforts towards natural food preservatives derived from botanical sources, which are expected to gain traction in the coming years.

How natural food preservatives are creating growth opportunities for the industry players in the food & beverage industry?

Consumers these days are increasingly looking for natural, fresh, wholesome, and balanced nutrition, leading them to scrutinize product labels more and prioritize clean food ingredients. This trend is driving innovation in the food & beverage industry, with manufacturers of food preservatives focusing on clean-labelled solutions and breakthroughs. As a result, the growing demand for clean-label products is expected to create lucrative growth opportunities for market players to develop new formulations.

Synthetic food preservatives are estimated to account for the largest food preservatives market share

The wide-scale popularity of synthetic food preservatives in the food preservatives market can be attributed to several factors. These include their well-established effectiveness, readily available supply, and cost-efficiency. Additionally, lower regulatory hurdles and reduced research and development investment required in emerging Asia-Pacific economies further contribute to their dominance in the market.

Exploring North America’s growing influence in the food preservatives sector

North America’s massive consumption of packaged and ready-to-eat foods, coupled with its position as a leading exporter of meat products, fuels the high demand for food preservatives in the region. These processed and meat products rely on preservatives to extend their shelf life, making North American food preservatives market a continuously attractive industry.

Key Questions Answered in the Latest Food Preservatives Market Report

• Why do food preservatives have the highest demand in the market?
• Which food preservatives have the largest market share?
• What drives the food preservatives industry?
• What are the key trends affecting the global food preservatives industry?
• Are there any challenges affecting this industry, as per the food preservatives market forecasts?
• Who will be the leading hub for food preservatives?

Factors driving the food preservatives market growth

Global urbanization and rising employment rates have drastically changed consumer lifestyles and eating habits. Convenience is key, leading to a demand for food products that are easy to prepare, and consume, and have a longer shelf life. Food preservatives play a critical role in achieving this by extending shelf life and maintaining freshness. This surge in demand for extended shelf life has correspondingly increased the demand for food preservatives in the food and beverage industry.

Furthermore, preservatives offer manufacturers advantages in terms of storage efficiency and competitive pricing, further solidifying their importance. It’s important to note that the post-pandemic rise in health consciousness is also positively impacting the market. This trend is driving the growth of natural preservatives like citric acid and rosemary extracts, propelling the overall food preservatives industry forward.

Top Food Preservatives Manufacturers

• Cargill, Incorporated (US)
• Kerry Group plc (Ireland)
• ADM (US)
• DSM (Netherlands)
• Kemin Industries Inc. (US)

 

Microencapsulation: A $24.07 Billion Opportunity by 2029

 The Microencapsulation Market is experiencing strong growth as it becomes increasingly valuable across sectors like pharmaceuticals, food and beverages, agriculture, and cosmetics. Microencapsulation is a process that involves enclosing active ingredients or compounds within a protective coating, improving their stability, controlled release, and targeted delivery. This technique has wide-ranging applications and is expected to play a crucial role in the development of new products and innovations across industries.

The microencapsulation market size is estimated at USD 15.38 billion in 2024 and is projected to reach USD 24.07 billion by 2029, at a CAGR of 9.4% from 2024 to 2029.

How do technological advancements impact the microencapsulation market?

The microencapsulation market is experiencing significant growth, primarily driven by technological advancements and increased adoption across various industries. In the pharmaceutical sector, there is a notable trend towards targeted drug delivery systems, as microencapsulation enhances the bioavailability of poorly soluble drugs, making them more effective in treating diseases.

Unlock further insights—request your PDF copy!

This is particularly crucial for conditions requiring long-term patient compliance. In the food industry, microencapsulation safeguards sensitive nutrients—such as vitamins, probiotics, and flavors—against oxidation, thereby extending shelf life and enhancing functionality. The rising focus on health and wellness has further fueled the demand for functional foods and dietary supplements, where microencapsulation plays a vital role in delivering nutritional benefits. In personal care, microencapsulation facilitates the controlled release of active ingredients, improving product effectiveness and enriching the customer experience. As consumers increasingly seek innovative and high-quality products, the market continues to expand, prompting companies to invest in research and development to enhance their microencapsulation capabilities.

Key Drivers of Microencapsulation Market Growth

• Pharmaceuticals and Nutraceuticals: The pharmaceutical and nutraceutical sectors are some of the largest consumers of microencapsulation technologies. The need for controlled-release drug formulations and effective nutrient delivery systems drives demand. Microencapsulation enhances the bioavailability and stability of active ingredients, enabling better therapeutic outcomes.
• Food and Beverage Industry: In the food sector, microencapsulation is used for flavor release, nutrient fortification, and preserving active ingredients like vitamins, probiotics, and antioxidants. This process allows manufacturers to mask undesirable flavors and improve the shelf life of products, making it especially useful in functional foods and health supplements.
• Agriculture and Crop Protection: Microencapsulation in agriculture provides a way to deliver agrochemicals, such as pesticides and fertilizers, in a controlled manner, minimizing environmental impact and increasing crop yield. By protecting active ingredients from environmental degradation, it supports sustainable agricultural practices.
• Cosmetics and Personal Care: Microencapsulation is increasingly used in cosmetics to deliver active ingredients like vitamins, fragrances, and antioxidants effectively. This allows for longer-lasting effects, enhanced stability, and targeted delivery within skincare and personal care products.
• R&D and Technological Advancements: With ongoing R&D, there are continuous innovations in encapsulation materials, technologies, and techniques. Biodegradable and natural encapsulants, for example, are gaining popularity as companies seek sustainable alternatives to synthetic coatings.

European Microencapsulation Industry: A Growing Powerhouse in the Industry

Leading pharmaceutical companies and many food companies from this region are continuously investing in research and development to make product formulations better using the technologies of microencapsulation. Key players such as BASF SE (Germany) are at the forefront of this growth, actively investing in research and development to enhance product formulations through microencapsulation technologies. In 2023, BASF highlighted its advancements in microencapsulation methods for vitamins A and D used in food fortification. This technology is crucial for ensuring the stability of these vitamins in staple foods like flour and sugar. By embedding these nutrients in a protective matrix, the microencapsulation process significantly enhances their shelf life and effectiveness, improving their resistance to heat, light, and oxygen.

The increasing trend toward health and wellness brings into demand functional food and dietary supplements, where microencapsulation protects sensitive ingredients that provide stability and bioavailability. However, European consumers also are looking at more sustainable and clean-label products, forcing manufacturers to apply microencapsulation technologies that respond to new consumer preferences through improvement of the functionality of ingredients with no loss of transparency.

Exploring the Significant Role of Food & Beverage Ingredients in Microencapsulation

The food & beverage ingredients is the having a significant microencapsulation market share within the core material sector. The demand for functional and fortified food products is on the rise as consumers become more health-conscious. This shift is prompting food manufacturers to seek advanced methods to enhance nutritional profiles while maintaining ingredient quality. Microencapsulation plays a vital role in this process by protecting sensitive ingredients such as vitamins, minerals, and probiotics—from degradation during various stages of processing and storage, ensuring that the final product contains adequate levels of these nutrients. Furthermore, this technology can mask unpleasant flavors or odors that consumers often associate with poor sensory appeal. As functional foods defined as nutritionally adequate but not entirely complete foods that still offer health benefits capture a larger share of the overall food market, manufacturers are increasingly incorporating microencapsulated ingredients that promise targeted nutrient delivery.

Set up a meeting with our Analysts to discuss how we can meet your business needs

The Dripping Segment: A Key Growth Driver in the Microencapsulation Market (2024-2029)

The method of controlled release of the core material in a liquid form allows for the encapsulation of a wide range of active ingredients, such as flavors, nutrients, and fragrances. This has made the Dripping technique popular since it offers the possibility of scaling up mass production of food, pharmaceuticals, and personal care products that may be customized. Other developments include the advancements in drip technology with biodegradable components integrated and multifunctional microcapsules designed with investments in companies that acquire products obtaining both excellent product performance and meeting consumer demands on sustainability driving the industries towards innovation and benign results.

Microencapsulation Innovators: Spotlight on Industry Leaders

• BASF (Germany)
• FrieslandCampina (Netherlands)
• GIVAUDAN (Switzerland)
• International Flavors & Fragrances Inc. (US)
• Sensient Technologies Corporation (US)
• Ingredion (US)
• Kerry Group plc (Ireland)

Essential Inquiries Covered in the Microencapsulation Market Report

• What is Microencapsulation?
• What are the key market trends?
• What are the primary drivers and challenges?
• What is the market size and forecast?
• Who are the key players in the market?
• What are the major applications of microencapsulation?
• What are the different microencapsulation techniques?
• What are the regional market dynamics?
• What are the regulatory considerations?

 

Nutraceutical Products Market to Surpass $404.8 Billion by 2025

 The Nutraceutical products market has been growing significantly due to the increasing consumer awareness about health and wellness, along with a rising demand for preventive healthcare. Nutraceuticals are food or part of food that offers medical or health benefits, including the prevention and treatment of disease. The global market encompasses a variety of products, including dietary supplements, functional foods, and functional beverages. The global nutraceutical products market size is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period.

Nutraceutical Products Market Trends

·       Personalized Nutrition: Nutraceuticals tailored to an individual’s genetic makeup and health profile.

·       Plant–Based Nutraceuticals: Increasing demand for vegan and plant-based products due to sustainability concerns and lifestyle changes.

·       Probiotics and Prebiotics: A surge in digestive health awareness is driving the demand for probiotic and prebiotic products.

·       Functional Gummies: A growing trend towards nutraceutical products in gummy form, especially for vitamins and minerals.

·       Regulatory Support: Governments in various regions are pushing for clearer regulations and quality standards, boosting consumer confidence.

Know about the assumptions considered for the study

The nutraceutical products industry is poised for continued growth, with increasing investment in R&D, a focus on clean-label ingredients, and the rise of digital health platforms for distribution and personalized recommendations.

Key Nutraceutical Products Market Growth Drivers:

1.    Growing Health Consciousness: Consumers are becoming more proactive about their health, driving the demand for products that offer health benefits beyond basic nutrition.

2.    Aging Population: As the global population ages, the demand for nutraceuticals to manage age-related health conditions is rising.

3.    Preventive Healthcare: There’s a growing focus on preventive healthcare, as consumers are increasingly interested in managing their health to avoid costly medical treatments.

4.    R&D Innovations: Continuous research and innovation in the field of nutraceuticals, such as bioactive ingredients and personalized nutrition, are expanding the market potential.

5.    Rising Disposable Income: Increased disposable income, especially in developing countries, is boosting the consumption of nutraceutical products.

Asia Pacific’s Rising Dominance: Leading the Charge in Nutraceutical Products Growth

The Asia Pacific nutraceutical products market is projected to record the fastest growth in the market. Factors such as busy lifestyles have led to an increase in the consumption of convenience food products. In addition, the rapid economic growth in countries of various regions has led to a surge in demand for fortified nutritional food & beverage products in the region. The food & beverage market in this region is currently undergoing a transformation due to rapid urbanization, diet diversification, and liberalization of foreign direct investment in the food sector. In addition, rising income, increasing purchasing power, and a surge in consumer demand for nutritional & healthy products are factors projected to widen the growth prospects for manufacturers in the nutraceutical products market in the region.

The Food Segment Takes the Lead: Dominating Nutraceutical Products Market Share in the Coming Years

In 2019, the food segment led the nutraceutical products market, largely driven by the rising trend of on-the-go snacking and increasing demand for nutritious food products. This surge is expected to boost the demand for snack items enriched with functional ingredients. Nutraceutical snacks primarily consist of protein-rich options such as dry nuts, grains, and bars, along with products like granola and other nutritional bars. Additionally, the growing preference for protein-rich foods is anticipated to further propel market growth. Enhancements in the quality, texture, nutritional value, and shelf life of snacks, due to the increasing use of ingredients like vitamins, minerals, proteins, dietary fibers, and fatty acids, are expected to fuel the expansion of the snacks segment in the nutraceutical products industry during the forecast period.

What Strategy Have Major Nutraceutical Products Players Adopted To Expand Their Product Portfolios And Geographical Presence?

Kraft Heinz (US), formerly known as H.J. Heinz Holding Corporation, is one of the world’s largest producers of food and beverage products. The company offers a wide range of products, including sauces, breakfast meals, cheese, energy drinks, dairy, beverages, infant food, and other nutrition products under well-known brands like Capri Sun, Wattie’s, Kool-Aid, Planters, Lunchables, Ore-Ida, and Golden Circle. As part of its strategy to expand its customer base, Kraft Heinz has been focusing on growing its breakfast meal offerings. For example, in 2019, it introduced Lunchables Brunchables, featuring ready-to-eat bacon strips and breakfast flatbreads.

Make an Inquiry to Address your Specific Business Needs

The Hain Celestial Group (US) specializes in manufacturing and distributing organic and natural products across its food, beverage, and personal care segments. The company’s product offerings include infant food, baked goods, frozen foods, soups, snacks, beverages, and gluten-free options. Its revenue streams come from categories such as grocery, snacks, personal care, and tea. Hain Celestial has focused on enhancing its market performance by launching new products and acquiring smaller companies. For instance, its UK-based subsidiary, Hain Daniels, acquired Clarks UK Ltd. in 2017 to strengthen its natural syrup portfolio. To further boost profitability, the company has established seven key platforms: Fresh Living, Better-for-You Baby, Better-for-You Pantry, Tea, Cultivate Ventures, Better-for-You Snacking, and Pure Personal Care. Additionally, Hain Celestial is working to expand its range of natural food and beverage products that offer various health benefits.

Top Questions Answered by the Latest Nutraceutical Products Market Report

·       What is the outlook for the nutraceutical market?

·       What are the trending products for nutraceuticals?

·       What is the US market for nutraceuticals?

·       Who is the target market for nutraceuticals?