From Sweeteners to Success: Sugar Substitutes Market on Track for 4.9% CAGR Growth

 The Sugar Substitutes Market has gained significant traction globally, driven by the growing consumer awareness of health issues related to high sugar consumption, such as obesity, diabetes, and other metabolic disorders. As more consumers seek healthier lifestyle options, demand for low-calorie and zero-calorie sweeteners has increased in a range of products, including beverages, dairy products, confectioneries, and baked goods. The sugar substitutes market size is estimated at USD 23.56 billion in 2024 and is projected to reach USD 29.90 billion by 2029, at a CAGR of 4.9% from 2024 to 2029.

Major Types of Sugar Substitutes

·       High-Intensity Sweeteners: Includes aspartame, sucralose, stevia, and saccharin, commonly used for their intense sweetness and low caloric content.

·       Low-Intensity Sweeteners: Includes sugar alcohols like sorbitol, mannitol, and xylitol, which are used in sugar-free candies and chewing gums for their mild sweetness.

·       Natural Sweeteners: These include options like stevia and monk fruit, which are increasingly popular for their natural origin and minimal impact on blood glucose levels.

Key Sugar Substitutes Industry Growth Drivers

·       Health and Wellness Trends: Increasing focus on reducing sugar intake due to health concerns is a primary market driver. This has led to a surge in demand for alternative sweeteners that provide sweetness without calories.

·       Rising Prevalence of Diabetes: The global rise in diabetes cases has boosted demand for sugar substitutes that cater to diabetic-friendly diets.

·       Regulatory Support and Approvals: Many sugar substitutes have received regulatory approval, improving consumer confidence and allowing brands to innovate with new, safer products.

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How is innovation in food and beverage manufacturing influencing the development of sugar substitutes?

The sugar substitutes market is experiencing robust growth due to several key factors. A major driver is the rising demand for clean-label products, as consumers increasingly prioritize natural ingredients free from artificial additives. Additionally, innovation in the food and beverage sector is prompting manufacturers to create sugar alternatives that allow for enhanced product formulations without sacrificing taste or quality. The growing popularity of plant-based diets has also boosted demand for natural sweeteners like stevia and monk fruit extract. Furthermore, regulatory support and favorable government policies are benefiting the food manufacturing industry by encouraging the use of sugar substitutes. Advances in technology and production methods have made the extraction and refinement of high-intensity sweeteners more efficient and cost-effective. Meanwhile, the expanding e-commerce segment and health-oriented retail channels are making these alternatives more accessible to consumers, further fueling market growth.

The Dominance of High Fructose Corn Syrup in the Global Market

The high fructose corn syrup (HFCS) segment holds a significant substitutes market share. HFCS is a corn-derived starch syrup produced through hydrolysis, isomerization, and purification, resulting in a unique composition of glucose and fructose. This sweet and relatively low-cost alternative to sucrose quickly became popular in the food industry, offering not only sweetness but also stability and functional benefits across a range of products, including sodas, fruit drinks, baked goods, condiments, and other processed foods. Per FDA regulations (21 CFR 184.1866), HFCS typically contains either 42% or 55% fructose, with glucose and water comprising the remainder. HFCS 42 is commonly used in cereals, processed foods, and baked goods, while HFCS 55 is widely used in soft drinks.

European Sugar Substitutes Market: What’s Driving Market Growth?

Europe has a very significant share in the sugar substitutes market for several reasons. Consumer preference for healthier, low-calorie alternatives has been growing in the region, and it is well correlated with health awareness. The regulatory structure is even stronger in Europe than in other regions, aiding better development and adoption of sugar substitutes, which encourages more innovation. The companies also invest in the partnership and capacity enlargement of sugar substitute production. For example, recently, Roquette Frères (France) and Bonumose (US) announced that they would commercialize tagatose by July 2024. The development would follow Roquette’s continued investment to expand its supply chain and manufacturing capacity in France as it looks to boost production to meet the growing demand for healthier alternatives of sugar. Furthermore, in March 2022, Roquette invested USD 26.29 million in the production of polyols. With these developments, the region is expected to meet the growing demand for low-calorie and nutritious food products, further supporting its strong share in the sugar substitutes market.

Sugar Substitutes Leaders

Cargill, Incorporated (US), ADM (US), Ingredion (US), International Flavors & Fragrances Inc (US), Tate & Lyle (UK), Ajinomoto Co. Inc (Japan), GLG Life Tech Corp (Canada), Celanese Corporation (US), Roquette Frères (France), PCIPL (India), Mane SA. (France)

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Sugar Substitutes Market Update: Latest Innovations and Advancements

·       In January 2024, Ingredion (US) partnered with Better Juice (Israel), a startup focused on reducing sugar in juice-based beverages, to expand the rollout of its sugar-reducing technology in the US. Ingredion Ventures is leading the Series A funding round for Better Juice, but financial details were not disclosed. Better Juice’s technology converts simple sugars in natural liquids into non-digestible compounds while preserving nutrients, reducing sugar content by 30–80%. This partnership aligns with Ingredion’s strategy to grow its sugar reduction and alternatives platform.

·       In October 2023, Cargill, Incorporated (US) is poised for double-digit growth in 2023, focusing on its expansion in South India, investing USD 35 million in a Nellore manufacturing facility. Cargill, Incorporated (US) emphasizes on supply chain resilience and quality to navigate inflationary pressures and drive long-term sustainable growth in India’s evolving food market.

 

The Future of the Nutraceutical Products Market: Trends & Projections for 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. The global nutraceutical products market size is projected to grow from USD 267.4 billion to USD 404.8 billion in 2025, recording a CAGR of 7.2% during the forecast period. 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.

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.

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:

• Growing Health Consciousness: Consumers are becoming more proactive about their health, driving the demand for products that offer health benefits beyond basic nutrition.
• Aging Population: As the global population ages, the demand for nutraceuticals to manage age-related health conditions is rising.
• Preventive Healthcare: There’s a growing focus on preventive healthcare, as consumers are increasingly interested in managing their health to avoid costly medical treatments.
• R&D Innovations: Continuous research and innovation in the field of nutraceuticals, such as bioactive ingredients and personalized nutrition, are expanding the market potential.
• 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.

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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?

 

Asia-Pacific’s Role in the Growing Cut Flowers Industry

 The cut flowers market is a dynamic segment of the global floral industry, characterized by the cultivation, distribution, and sale of fresh cut flowers for various occasions, including weddings, funerals, celebrations, and everyday gifting. Here’s an overview of the market:

Cut Flowers Industry Analysis

• Global Market Value: The global cut flowers market is estimated to be valued at USD 36.4 billion in 2022. It is projected to reach USD 45.5 billion by 2027, recording a CAGR of 4.6% during the forecast period.
• Regional Insights: Major markets include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with Europe being the largest consumer region due to its high demand for floral decorations and gifts.

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Cut Flowers Market Trends

• E-commerce Growth: The rise of online shopping has significantly impacted the distribution channels for cut flowers, with many consumers preferring the convenience of online ordering and delivery.
• Sustainable Practices: There is an increasing demand for sustainably grown flowers, with consumers becoming more conscious of environmental issues. This has led to more flower farms adopting eco-friendly practices.
• Varietal Diversity: A growing interest in exotic and unique flower varieties has driven innovation in cultivation and breeding, expanding the offerings available to consumers.

Distribution Channels

• Retail Florists: Traditional brick-and-mortar stores that offer a wide range of floral arrangements.
• Online Retailers: E-commerce platforms that have gained significant traction, especially during the COVID-19 pandemic.
• Wholesale Markets: These serve as critical intermediaries for flower producers to sell their products in bulk to retailers and florists.

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What are the top flower-producing countries, and how do they impact the global cut flower market?

Fresh-cut flowers are commonly used for decorations to beautify spaces. They are an important part of celebrations like weddings and festivals, gifting to show love and care and to beautify homes and commercial spaces. They can be arranged into bouquets, corsages, and floral wreaths.

In hotels and resorts, floral arrangements and decorations can make the area more comfortable and more welcoming to visitors. Flower arrangements can introduce a personal touch to the hospitality industry. Guests appreciate flowers for the freshness they bring to the surroundings.

The production of floricultural products has grown consistently over the last 20 years, with an average yearly growth of 6% to 9%. The top ten major flower-producing countries in the world during 2018 were the Netherlands (52%), Colombia (15%), Ecuador (9%), Kenya (7%), Belgium (3%), Ethiopia (2%), Malaysia, Italy, Germany, and Israel (1%).

Understanding Consumer Preferences in the Asia-Pacific Cut Flower Market

The Asia Pacific region is the most densely populated in the world. Asia is noted for several cut flowers, tropical and seasonal. Several cultures in Asia regard flowers as an important part of their heritage. They are an essential part of celebrations, mourning as well as decoration. The floriculture industry in Asia is thriving because of the increased importance of flowers for weddings, offerings in religious places, as well as home and commercial decorations. The cut flowers industry has developed in Asia because of low-cost flower demand in European countries. Roses are the most popular cut flowers in Europe. Imports of fresh-cut roses from third-world countries into the European Union (EU) increased from USD 623.23 million to USD 761 million between 2011 and 2015. The Netherlands, Germany, and the UK are the top importers in the EU, accounting for over 70% of all cut rose imports.

Asia has enormous potential in the global floriculture business that has yet to be exploited globally. The region is mostly concerned with serving the domestic market. This can be ascribed to the region’s rapidly expanding economy, huge population density, and consumer perception. Cut flowers, cut foliage, and potted plants dominate the Asian home flower industry. Flowers have been an important aspect of Asian culture for thousands of years, and they are an important part of spiritual and cultural traditions.

Top Cut Flowers Leaders: Masters of the Floral Market

• Dummen Orange (Netherlands)
• Danziger Group (Israel)
• Dos Gringos LLC.(US)
• Esmeralda Farms (US)
• Flamingo (UK)
• Florance Flora (India)
• Karen Roses Company (Kenya)
• Marginpar BV (Netherlands)
• Multiflora (US)

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The Rising Demand for Plant Growth Regulators in Sustainable Agriculture

 The Plant growth regulators market is experiencing significant growth due to the increasing demand for food production, sustainable agriculture practices, and advanced crop management techniques. PGRs are chemicals that influence the growth and differentiation of plant tissues, effectively acting as plant hormones. They are widely used in agriculture, horticulture, and floriculture to enhance crop yield, improve quality, and optimize resource utilization.

Plant Growth Regulators Industry Analysis

The global plant growth regulators market is anticipated to grow from USD 3.3 billion in 2024 to USD 4.6 billion by 2029, reflecting a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is driven by the rising demand for high-value crops, which is boosting the use of natural PGRs in agriculture. Additionally, the increasing focus on sustainable agricultural practices and the expansion of organic farming are key factors contributing to market growth. The shift in dietary preferences and the emphasis on sustainable farming methods are also fueling the adoption of plant growth regulators. These trends underscore the growing importance of PGRs in modern agriculture, supporting their expanding market presence.

How does the agricultural industry in the Asia-Pacific region contribute to the growth of the plant growth regulators industry?

The plant growth regulators industry is expanding in the Asia-Pacific region due to several key factors. Firstly, the region is home to a major agricultural industry, with a significant share of the world’s agricultural output coming from Asia-Pacific countries. To meet the rising food demand driven by population growth and evolving dietary preferences, these countries are focused on boosting agricultural productivity, creating a growing demand for effective solutions like plant growth regulators. Additionally, the region is experiencing rapid technological advancements and a greater adoption of modern agricultural practices, including the use of plant growth regulators to maximize crop yields and enhance quality.

Key Plant Growth Regulators Market Growth Drivers

Growing Global Population and Food Demand: With the global population continuously rising, there is an increasing need for food production. PGRs help in enhancing crop productivity and ensuring food security by promoting faster growth, improving fruit size, and enhancing stress resistance.

Shift Towards Sustainable Agriculture: Farmers and agricultural businesses are increasingly adopting sustainable practices to reduce environmental impact. PGRs, which can help reduce water use and improve nutrient uptake, align well with this shift towards sustainable farming.

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Technological Advancements in Agriculture: The integration of PGRs with modern agricultural technologies such as precision farming and vertical farming is driving market growth. These advancements help optimize the use of PGRs, making them more effective and reducing wastage.

Increasing Horticulture and Floriculture Practices: The growing popularity of horticulture and floriculture in both developed and developing countries is fueling the demand for PGRs. These practices require specialized growth regulators to control plant growth, flowering, and fruiting, which enhances product quality.

What factors are expected to propel the fruits and vegetables segment to the forefront of growth within the plant growth regulators market?

The global demand for fruits and vegetables is rising, driven by factors such as population growth, urbanization, and increasing health consciousness among consumers. To keep up with this demand, farmers are turning to advanced agricultural practices, including the use of plant growth regulators, to boost yield, improve quality, and extend the shelf life of their produce. At the same time, consumers are becoming more selective, seeking fruits and vegetables that are not only abundant but also of high quality, free of blemishes, and longer-lasting. PGRs are essential in meeting these expectations by regulating plant growth, enhancing fruit set, improving color development, and delaying the aging process. The fruits and vegetables segment includes a wide variety of crops, from fragile berries to robust root vegetables, each with unique growth requirements and challenges.

Maximizing Crop Yields: The Role of Plant Growth Regulators in Sustainable Agriculture

The expansion of crop production relies heavily on resource availability and climatic conditions. Limited arable land and resources like labor, inputs, and irrigation, compounded by unpredictable weather patterns, directly impact global production goals. According to the Organisation for Economic Cooperation and Development (OECD), there’s a projected limited increase in the area for coarse grains by 2023, but significant growth is anticipated in crop yields, especially for wheat, oilseeds, and sugarcane. Plant growth regulators offer benefits by enhancing crop health, unlike traditional fertilizers that may disrupt soil balance and cause toxicity.

An uptick in oilseed crop and sugarcane production is expected due to rising demands in food, feed, and fuel industries. The OECD-FAO Agricultural Outlook 2020-2029 forecasts a growth in global soybean oilseed production from 367 metric tons in 2021 to an estimated 406 metric tons in 2029. This expansion is fueled by increased demand for protein meals, notably in China, potentially improving farmers’ economic conditions with appropriate government support.

BASF SE’s Global Reach: Leveraging 234 Production Sites to Serve Diverse Industries

BASF SE Group operates globally with 234 production sites, including six Verbund sites, and relies on approximately 112,000 employees worldwide. Its operations encompass diverse segments such as Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. Offering a wide array of system solutions and services, BASF SE caters to industries ranging from chemicals, automotive, and building to agriculture, oil, plastics, electrical, electronics, furniture, and paper. Within its Agricultural Solutions division, BASF SE specializes in providing plant growth regulators. These products target the hormonal system of plants, adjusting the proportions of various plant hormones to facilitate advantageous growth. With a focus on enhancing crop health and yield, BASF SE’s plant growth regulators business segment is involved in researching, developing, manufacturing, and marketing these products.

In August 2022, BASF SE launched a new production facility in Singapore, investing USD 38.04 million, aimed at providing farmers in the Asia Pacific region with cutting-edge crop protection solutions. This endeavour is expected to broaden BASF SE’s consumer base for its agricultural offerings, including plant growth regulators, thereby facilitating business expansion in the region.

Insights from the Plant Growth Regulators Industry Report

• Key Industry Leaders: What are the major plant growth regulators companies?
• Which region is expected to hold the highest plant growth regulators market share?
• What are the key technology prevailing in the plant growth regulators market trend?

 

Edible Oils Market Outlook: Growth Drivers and Regional Insights

 The global edible oils market is poised for substantial growth, projected to reach USD 306.92 billion by 2029 from USD 250.78 billion in 2024, representing a CAGR of 4.1%. This growth is driven by several key factors, including increasing population, rising disposable incomes, and evolving dietary patterns worldwide. As these trends continue, the demand for various oils such as soybean, palm, sunflower, and olive oils is expanding across both developed and emerging markets.

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Key Drivers of Growth

Shift in Production Focus to South America  South America is becoming a critical hub for soybean production, significantly influencing the global edible oils market. Brazil, the world’s largest soybean producer, is leading this surge with an annual production growth of 0.8%, surpassing the US's 0.6% growth rate. Practices like double cropping—planting soybeans after maize or wheat—are accelerating South America’s role in meeting global demand.

Rising Sunflower Oil Demand Sunflower oil is gaining traction, particularly in Spain, as consumers shift from more expensive olive oil. With olive oil prices increasing by 61% from May 2023 to May 2024 and a second consecutive year of reduced production, sunflower oil has become a more affordable alternative. This has led to a 24.5% increase in sunflower oil sales, while olive oil sales have declined by 17.5%.

Opportunities in Regional Markets

Europe’s Growing Share Europe holds a significant edible oils market share, driven by strong demand in both domestic and food service sectors. Companies like Borges Agricultural & Industrial Edible Oils are investing in expanding production facilities, exemplified by the inauguration of a USD 10.8 million seed oil extraction plant in Spain. Such initiatives highlight the region’s commitment to innovation and sustainable practices.

Sunflower Oil as a Key Segment Sunflower oil continues to capture attention due to its versatile use in food, biodiesel, and animal feed industries. With Russia, Ukraine, and the European Union as major producers, the market for sunflower oil is seeing a steady increase, reaching 22.13 million metric tons in 2023/2024, a 2% year-on-year growth.

Household Segment Driving Demand

The household segment is a significant driver of edible oils market growth. As disposable incomes rise and populations expand, household consumption of edible oils continues to grow. For example, India has witnessed a steady increase in domestic consumption of edible oilseeds, rising by approximately 10 LMT per annum as demand for daily consumption continues to soar.

Key Players and Market Dynamics

Leading companies such as Wilmar International, Cargill, and Bunge are key players shaping the market landscape. These firms are expanding their operations to meet rising global demand, focusing on innovative solutions and sustainable production practices.

Overall, the edible oils market is set for robust growth, driven by shifting consumer preferences, regional production shifts, and increased demand for affordable, versatile oils like sunflower oil.

 

Global Pea Protein Market Booms: Key Players & Trends

 The global pea protein market is on track for remarkable growth, with an anticipated value of USD 2.1 billion in 2024 and a forecasted expansion to USD 3.7 billion by 2029, driven by a strong compound annual growth rate (CAGR) of 12.0%. This upward trend underscores the increasing consumer preference for health-focused, plant-based, and eco-friendly dietary solutions.

Health & Wellness Trends Propel Pea Protein Market Growth

Rising awareness around health and wellness is a key driver behind the demand for pea protein. Consumers are gravitating towards products that support muscle growth, assist with weight management, and provide a sense of fullness. Pea protein, rich in essential nutrients, easily digestible, and free from common allergens such as soy and dairy, aligns perfectly with these preferences. Its clean-label appeal, characterized by minimal processing and natural origins, enhances consumer trust and loyalty.

This versatility makes pea protein a valuable component in plant-based foods and beverages, catering especially to vegan and vegetarian diets. The COVID-19 pandemic further accelerated the adoption of plant-based lifestyles, with Europe leading the market in 2024 due to its economic stability and heightened demand for clean-label, plant-based products.

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Environmental Benefits Fuel Popularity

The environmental advantages of pea protein are another significant factor driving its adoption. As consumers increasingly prioritize reducing their carbon footprints, plant-based proteins emerge as sustainable alternatives to animal-based options. With lower resource requirements and reduced greenhouse gas emissions, pea protein is a compelling choice for environmentally conscious individuals and aligns seamlessly with global sustainability goals.

Leading Innovators in the Market

Several prominent pea protein manufacturers are shaping the future of the industry through innovation and expansion:

• Roquette Frères (France): A global leader in plant-based ingredients, Roquette offers pea protein under its NUTRALYS brand. Renowned for its binding, thickening, and texturizing properties, NUTRALYS is a preferred ingredient in food formulations promoting weight management, muscle development, and blood glucose regulation.
• ADM (USA): With a century-long legacy, ADM provides a diverse portfolio of nutritional solutions, including pea protein, reinforcing its strong international presence.
• Ingredion (USA): Known for its range of pea protein products—isolates, concentrates, and flours—Ingredion serves various dietary needs across global markets.
• Kerry Group (Ireland): Specializing in taste and nutrition, Kerry delivers innovative pea protein solutions tailored to meet the growing demand for plant-based ingredients in the food and beverage sector.
• Glanbia PLC (Ireland): Offering high-quality pea protein with exceptional functional qualities like flavor and solubility, Glanbia supports a wide spectrum of nutrition-focused manufacturers.

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A Promising Outlook for Pea Protein

The future of the pea protein market looks bright, driven by consumer demand for healthier and more sustainable food options. Key factors like wellness trends, environmental consciousness, and the rise of plant-based diets are solidifying pea protein’s role as a cornerstone ingredient in modern nutrition. Manufacturers are responding with innovative products and broader offerings, ensuring the market remains dynamic and responsive to evolving consumer needs.

As the global shift toward plant-based, sustainable diets continues, pea protein is set to remain a pivotal force, not just as a trend but as a transformative element in the food industry.

 

 

 

Innovations and Sustainability in the Edible Oils Industry: Key Players and Trends

 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.

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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.

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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)

The global edible oils market is set for robust growth, propelled by technological advancements, regional innovations, and a strong focus on health and sustainability. With dynamic regional trends and key players leading the charge, the industry is well-positioned to meet the evolving demands of consumers worldwide.

 

Rising Demand Fuels Gelatin Market Growth to $5.6 Billion by 2029

 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.

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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.

 

Market Insights: The Evolving Landscape of Nutraceutical Ingredients in North America

 The North American nutraceutical ingredients market is on an impressive growth trajectory, with its valuation expected to rise from USD 35.6 billion in 2024 to USD 45.5 billion by 2029, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.1%.

Key Drivers of Market Expansion

Consumer Awareness and Health Consciousness

Health-conscious consumers in the U.S. and Canada are increasingly opting for nutraceutical-based products. The demand for prebiotic-enriched foods and weight management solutions has surged, driven by the rising prevalence of obesity and other lifestyle-related health concerns.

Canada: A Fast-Emerging Market

Canada is the fastest-growing nutraceutical market in North America. The country’s regulatory framework under the Natural Health Products Regulations mandates strict guidelines for nutraceuticals, ensuring high-quality standards. Additionally, widespread deficiencies in vitamin D and calcium among Canadians have created strong opportunities for fortified foods and dietary supplements.

Canada’s aging population and growing interest in preventative health measures further propel the demand for nutraceuticals. Health Canada’s policies on functional food claims provide a structured pathway for market expansion and innovation.

Opportunities in Nutraceuticals

Natural Alternatives to Pharmaceuticals

Nutraceuticals offer a promising alternative to synthetic pharmaceuticals, with increasing consumer preference for vitamins, minerals, herbal extracts, and probiotics. Their perceived safety and minimal side effects make them a compelling choice for health-conscious individuals. This shift is driven by a rising prevalence of chronic diseases and an aging global population, fueling demand for natural and preventive healthcare solutions.

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Advancements in Technology

Technological innovations such as microencapsulation and nanotechnology have significantly improved the bioavailability and efficacy of nutraceutical ingredients. These advancements have enabled nutraceuticals to compete with pharmaceuticals, attracting significant investment in R&D for plant-based compounds, bioactive peptides, and other high-performance ingredients.

Market Segmentation: Key Trends

Proteins Leading the Market

Proteins remain the dominant segment in the North American nutraceutical industry, widely utilized in dietary supplements and functional foods. The rising popularity of flexitarian diets and plant-based alternatives has further accelerated the demand for protein-enriched products. Protein fortification technologies are also supporting the development of specialized nutrition products, including sports nutrition and infant formulas.

Dry-Form Nutraceutical Ingredients on the Rise

Dry-form nutraceutical ingredients hold the largest market share and are experiencing the fastest growth. These ingredients offer extended shelf life, stability, and ease of use, making them ideal for various applications such as capsules, tablets, and powdered beverages.

Recent Industry Developments

• Ingredion and Univar Solutions Partnership (June 2024) Ingredion and Univar Solutions expanded their partnership to distribute functional food and beverage ingredients across Germany, Italy, and Switzerland. This collaboration enhances Univar’s commercial reach while leveraging Ingredion’s innovative ingredient portfolio to meet the demand for healthier, sustainable products.
• ADM’s Acquisition of FDL Ltd (December 2023) ADM acquired UK-based FDL Ltd, strengthening its global capabilities in flavors and functional ingredients. This acquisition expands ADM’s offerings, integrating FDL’s proprietary formulations to cater to the rapidly growing European market.

The Future of Nutraceuticals in North America

The North American nutraceutical ingredients market presents immense growth potential, driven by evolving consumer preferences, technological advancements, and supportive regulatory policies. With Canada emerging as a key player and continuous innovations shaping the industry, the region is poised to lead the global nutraceutical sector in the coming years.

 

Top Biopesticide Companies Shaping the Future of Eco-Friendly Farming

 According to MarketsandMarkets, the global biopesticides market is projected to grow from USD 7.72 billion in 2024 to USD 15.66 billion by 2029, reflecting a compound annual growth rate (CAGR) of 15.2%. This rapid expansion is driven by increasing consumer demand for organic and sustainably produced food, alongside stricter governmental regulations on synthetic pesticides.

Regulatory Changes Driving Growth

The shift toward biopesticides is being influenced by stringent regulatory changes across major agricultural markets. In 2023, the U.S. Environmental Protection Agency (EPA) updated its Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) regulations to include a more comprehensive assessment of synthetic chemical pesticides’ environmental and health risks. Additionally, the European Union (EU) has opted to ban several key active ingredients in synthetic pesticides. In June 2022, the EU proposed a 50% reduction in chemical pesticide use by 2030. These regulatory constraints are accelerating the adoption of biopesticides in agriculture.

Key Market Drivers: Organic Food Demand

One of the primary drivers of the biopesticides market is the rising consumer preference for organic food. As consumers become more aware of the potential health and environmental risks posed by synthetic pesticides, demand for organic products has surged. Organic farming, which strictly prohibits synthetic pesticides and fertilizers, relies heavily on biopesticides derived from natural sources such as microorganisms and plant extracts. This trend is compelling farmers to adopt biopesticides to comply with organic certification standards.

Opportunities in Precision Agriculture

The integration of biopesticides with precision agriculture presents a significant growth opportunity. Advanced agricultural technologies, including drones, GPS-guided equipment, and sensor-based systems, enable the precise application of biopesticides. This reduces waste, enhances effectiveness, and minimizes environmental impact while lowering costs for farmers. Additionally, data-driven insights from precision agriculture help monitor pest activity and optimize biopesticide use. Governments and agricultural stakeholders are supporting these innovations through subsidies, research sponsorships, and industry partnerships, further promoting sustainable agricultural practices.

Regional Market Leadership: North American Biopesticides Market

North America is expected to dominate the biopesticides market during the forecast period. Strong regulatory support, increasing organic farming adoption, and substantial government incentives have made the region a leader in sustainable agriculture. The U.S. and Canada have imposed strict regulations on synthetic pesticide use, boosting demand for biopesticides as safer alternatives. Additionally, extensive research and development efforts in North America are driving innovation in biopesticide formulations, enhancing their effectiveness and applicability across various crops. Well-established distribution networks further ensure widespread adoption among farmers.

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Crop Segment Analysis: Fruits & Vegetables Leading the Market

The fruits and vegetables segment holds the largest share of the biopesticides market. Consumers’ preference for fresh, chemical-free produce is compelling farmers to switch to biopesticides, particularly because these crops are often consumed raw. Biopesticides help maintain low pesticide residue levels, ensuring food safety and compliance with organic standards. Furthermore, fruits and vegetables are highly susceptible to pests and diseases, making effective pest control solutions critical for yield and quality preservation.

Microbial Biopesticides: The Fastest-Growing Source Segment

Among biopesticide sources, microbial biopesticides are witnessing the highest growth rate. Derived from bacteria, fungi, and viruses, microbial biopesticides offer broad-spectrum pest control while improving soil health. Their natural origin and effectiveness align with increasing consumer and regulatory demands for sustainable solutions. Advances in microbial biotechnology are further enhancing the formulation and application of these biopesticides, driving their market growth.

The biopesticides industry is poised for significant expansion, driven by regulatory shifts, increasing demand for organic food, and technological advancements in precision agriculture. With North America leading the market and microbial biopesticides gaining traction, the industry is set for robust growth through 2029. As more farmers and agricultural stakeholders adopt eco-friendly pest control solutions, biopesticides will play an essential role in the future of sustainable farming.

Top 10 Companies in the Biopesticides Market

• BASF SE (Germany)
• Bayer AG (Germany)
• Syngenta Group (Switzerland)
• UPL (India)
• Corteva (US)
• FMC Corporation (US)
• Nufarm (Australia)
• Sumitomo Chemical Co., Ltd. (Japan)

 

Probiotics Supplement Market: Driving Health, Innovation, and Global Growth

 The probiotics supplement market is witnessing steady growth, driven by increasing consumer awareness of gut health, immunity, and overall well-being. Probiotics, which are live microorganisms providing health benefits when consumed in adequate amounts, are widely incorporated into dietary supplements, functional foods, and beverages.

Key Market Trends

• Rise in Preventive Healthcare – Consumers are shifting toward proactive health management, leading to a surge in probiotic supplement adoption.
• Product Innovation – Companies are developing advanced probiotic strains, synbiotics (probiotics + prebiotics), and personalized probiotic solutions tailored to individual microbiomes.
• Clean Label and Natural Ingredients – There is a growing preference for organic, non-GMO, and allergen-free probiotic supplements.
• Digital Health and E-commerce Growth – Online platforms are expanding probiotic availability and accessibility, especially with direct-to-consumer brands.

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 Opportunities in Probiotics Supplement Market

Personalized Nutrition – Advances in microbiome research are enabling probiotic formulations tailored to individual health needs.

Expansion in Sports & Fitness – Athletes and fitness enthusiasts are incorporating probiotics to improve digestion, recovery, and performance.

New Delivery Formats – Gummies, powders, and liquid probiotics are gaining traction, catering to different consumer preferences.

 Animal and Pet Health – Probiotic supplements for pets and livestock are emerging as a fast-growing segment.

Usage and Applications

Digestive Health – Probiotics help balance gut microbiota, alleviate digestive issues, and support overall gastrointestinal health.

Immune Support – Certain probiotic strains enhance immune function and help in managing infections.

Mental Health & Well-being – The gut-brain connection has driven interest in probiotics for mood enhancement and stress management.

Women’s Health – Probiotics are used for vaginal and urinary tract health, addressing common concerns such as infections.

 Regional Analysis

• North America – High consumer awareness and strong presence of probiotic brands drive growth.
• Europe – Regulatory approvals and traditional consumption of fermented foods support the market.
• Asia-Pacific – Increasing health consciousness and dietary shifts contribute to expanding probiotic adoption.
• Latin America & Middle East – Emerging markets with rising demand for digestive health products.

 The probiotics supplements market is evolving with innovation, growing consumer demand, and expanding applications across health and wellness sectors.