Dietary Supplements Market worth Surpass US$ 252.1 Bn by 2025

Future Market Insights (FMI) delivers key insights on the global dietary supplements market in a report titled “Dietary Supplements Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025”. In terms of value, the global dietary supplements market is projected to register a healthy CAGR of 7.4% during the forecast period (2015 – 2025). In this report, FMI offers vital insights impacting this growth.

Key insights

Market projections based on segmentation

Segmentation by Market forecast
  Application

  • Weight loss
  • Sports nutrition
  • General wellbeing
  • Immune and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Others (beauty supplements, anti-allergy and eye health)
  • The general wellbeing segment is expected to register a healthy CAGR of 6.9% in terms of value over the forecast period
  • General wellbeing and weight loss segments are expected to contribute maximum revenue shares to the global market over the forecast period
  • The sports nutrition segment is expected to register the highest CAGR of 8.9% in the dietary supplements market over the forecast period
  Ingredients

  • Vitamins & Minerals
  • Amino Acids
  • Botanical Supplements
  • Others (concentrate, metabolite, constituent, or extract)
  • The vitamins & minerals segment is expected to retain its dominance through 2025
  Form

  • Soft gel/Pills
    • Confectionery Products
      • Gummies
      • Chews
      • Others (lollipops, hard-boiled candies)
    • Pharmaceutical Products
      • Chewable Pills and Pills
      • Gel Caps
  • Powder
  • Liquid
  • The soft gel/pills segment is expected to retain its dominance through 2025
  End Use

  • Men
  • Women
  • Senior Citizens
  • Others (kids and toddlers)
  • The women segment is expected to be the major contributor in terms of value in the dietary supplement market over the forecast period
  Distribution Channel

  • Pharmacies/Drugstores
  • Health & Beauty Stores
  • Hypermarkets/Supermarkets
  • Internet
  • Direct Selling
  • The pharmacies/drugstores segment is expected to register a healthy CAGR of 7.6% in terms of value over the forecast period

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The report provides global trends and offers detailed analysis and insights into the potential of the dietary supplements market across various key regions. North America is estimated to dominate the dietary supplements market through 2025. The market in Asia Pacific excluding Japan (APEJ) is projected to register the highest CAGR of 9.2% in terms of value between 2015 and 2025. Key players in the dietary supplements market are constantly developing and launching dietary supplements products with a variety of flavors for various applications. Moreover, companies are undertaking technological upgradation while integrating all processes in order to meet the changing manufacturing needs.

Key players covered in the report are Herbalife International, BASF SE, E. I. DU PONT DE NEMOURS AND COMPANY, Glanbia Plc, Royal DSM N.V., Abbott Laboratories, Amway Enterprises, NBTY Inc., Bayer AG, and GlaxoSmithKline Limited. Leading dietary supplements manufacturers focus on making significant investments in research and development to broaden their product portfolio and gain a competitive advantage in the market.

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Valuation of Sodium Reduction Ingredient Market to reach US$ 1,758.4 Mn by 2025

Future Market Insights (FMI) delivers key insights on the global sodium reduction ingredient market in its latest report titled, “Sodium Reduction Ingredient Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2025”. In terms of value, the global sodium reduction ingredient market is projected to register a robust CAGR of 11.7% during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

On the basis of application, the market has been segmented into sauce/dips/dressings, snacks, bakery products, cheese/butter, frozen food and others (beverages, baby food, and breakfast cereal). The snacks segment is estimated to account for 26.9% share of the global sodium reduction ingredient market by 2015 end, and is expected to register a healthy CAGR of 11.0% in terms of value over the forecast period. Snacks and frozen food segments are expected to contribute maximum revenue shares over the forecast period. Furthermore, continuous product launches by various key players is expected to fuel market growth during the forecast period. The bakery product segment is expected to register the highest CAGR of 12.8% in the sodium reduction ingredient market over the forecast period.

On the basis of ingredient type, the sodium reduction ingredient market is segmented into amino acid, mineral blends, yeast extract and others (hydrolyzed vegetable protein, trehalose, and nucleotides). Mineral blends is further sub-segmented into magnesium sulphate, calcium chloride, potassium sulphate, potassium chloride and potassium lactate. Among ingredient types, the mineral blends segment estimated to account for highest market share of 53.9% by the end of 2015 and is expected to be remain dominant during the forecast period.

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Growth of the global sodium reduction ingredient market is mainly driven by increasing consumer awareness and rising government promotion of intake of low sodium products across the globe. Moreover, increasing regulatory norms for food product manufacturers for reducing sodium level in their product is another factor boosting market growth. Furthermore, rising disposable income coupled with increasing number of health conscious people across the globe is also expected to fuel growth of the global sodium reduction ingredient market over the forecast period.

The report provides global trends and offers detailed analysis and insights about the potential of the sodium reduction ingredient market across various key regions. North America is estimated to dominate the sodium reduction ingredient market with 32.0% value share by the end of 2015, and is projected to remain dominant through 2025. North America and Western Europe are collectively estimated to account for over 59.9% share of the total sodium reduction ingredient market in terms of value by end of 2015. The market in Asia Pacific excluding Japan (APEJ) is projected to register the highest CAGR of 13.2% in terms of value between 2015 and 2025. Key players in the sodium reduction ingredient market are constantly developing and launching sodium reduction solutions for various applications. Moreover, companies are undertaking technological upgradation, while integrating all processes in order to meet the changing manufacturing needs.

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Key players in the global sodium reduction ingredient market are Cambrian Solutions Inc., Kerry Group PLC, Associated British Foods plc., Givaudan SA, E. I. Du Pont De Nemours and Company, Innophos Holdings, Inc, Jungbunzlauer Suisse A.G., Sensient Technologies Corporation and Tate & Lyle PLC.

Major players operating in the sodium reduction ingredient market focus on making significant investments in research and development to broaden their product portfolio and gain competitive advantage in the market.

Turmeric Market Forecast Research Reports Offers Key Insights

Turmeric is one of the spice which is derived from turmeric plant and also known as curcumin. Taste of turmeric is peppery, warm and bitter and it is one of the key ingredient which is used in culinary dishes. Demand of turmeric is very high at global market due to its uses in different purposes such as food, medicine, cosmetic, coloring and also for dyeing purpose. It has high nutritive value due to which it increases the nutritional component of food and also beneficial for health because of its ingredient curcumin. Globally the demand of turmeric in food industry is also increased because of its unique flavor, required to enhance the color and taste of dishes.

Market Dynamics of Turmeric Market:

One of the key driver in turmeric market which is influencing its demand at global level is because it can be used for differential purposes whether it is for ingredient, color and pharmaceutical and for many other purposes. On the other side, though the turmeric has higher demand in food industry as per the current trend, turmeric market also gaining its demand from the side of medicinal and cosmetic sector. Nowadays customers mainly prefer those products which has natural ingredient. For medicinal purpose, it is used as an inflammatory agent to combat with various health diseases and while cosmetic companies are using turmeric has herbal product in their products.

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Market Segmentation of Turmeric Market:

Turmeric market is segmented on the basis of its form and application. In terms of form, turmeric is categorized into three different forms which are dried, powder and liquid form. As per application, it is segmented as food and beverages, medicinal and cosmetics. Market segment of turmeric in perspective to food and beverage type, it is segmented as per its usage in culinary dishes, bakery products, dairy products and beverages. Further in context to health care segment, turmeric has application to combat with health issues related to digestion, liver, cancer, cholesterol, osteoarthritis and many other health disorders. Another application of turmeric is in cosmetic industry where it is used as an herbal product in skin and body care products. Further the market of food type can be segmented in terms of using the turmeric for different purposes such as an ingredient, taste enhancer and coloring purpose and in terms of beverage it is used in tea, juices and canned beverages.

From the above market segment in terms of application insight, the figures of graph will propel higher value towards the market of food and medicinal purpose. Reason being behind the higher market share is due to increase in food consumption level among consumers due to availability of varieties of dishes. On the other side, in context to medicine purpose it will gain its demand due to presence of curcumin which has inflammatory agent to fight with various types of health diseases. In addition to this, many pharmaceutical companies are focusing their attention towards turmeric as how it can be used as one of the effective remedial product in health care sector. Moreover on concerning the nutritional components of turmeric, it is very rich in terms of protein, carbohydrates, fiber and in many other vitamins and minerals. Owing to this, it justifies that its demand will also increase among health conscious consumers who always preferred to eat healthy food and seeks for product which has naturally rich in terms of ingredients.

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Regional Segment of Turmeric Market:

As per the regional segment, turmeric market is categorize into seven different regions includes North America, Latin America, Eastern Europe, Western Europe, and Asia-Pacific region, Japan, Middle East and Africa. Asia-Pacific region is one of the largest turmeric producer in world and majority of the production is from India and China. On the other side American and European region are the two major importers of turmeric.

Key Market Players in Turmeric Market:

Key market players in turmeric market are mainly belongs from Asia-Pacific region and some of the global market players of this industry are Taj Agro Products, Nani Agro Foods, Earth Expo Company, Curcuminea, Sino-Nature, Shah Ratanshi Khimji and Co., Everest Spices, MDH Spices, Natural-Spices and ITC Spices.

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Mashed Potatoes Market Intelligence Report Offers Growth Prospects

Mashed potatoes are prepared by mashing the boiled potatoes. It is one of the easiest recipe which can be prepared and also can be added with assorted variety of food recipes. In present scenario of food market, companies are offering mashed potatoes with different palates by emphasizing on trending demand of food industry. Changing habits and lifestyle of consumers towards food and beverages has increased the demand of processed and preserved foods in market. Majority of demand of mashed potatoes is from the European and American market and to meet this rising demand of consumers, companies are offering new different varieties of mashed potatoes products.

Market Dynamics of Mashed Potatoes Market:

Factors driving the demand of mashed potatoes market is from both demand as well as from supply side. In context to demand side, consumers demanding those food products which are convenient to eat, better taste and flavor and also can satisfy their hunger. Mashed potatoes has all such characteristics which influences the consumers to purchase. On the other side, food manufacturers are also pushing the supply of mashed potatoes in market as ease of availability of raw material and also as a food ingredient for food industries. This drives the consumers as well as food manufacturers to add mashed products in their menu. Some of the key trends which are currently prevailing in the mashed potatoes market as ready-to-eat food, flavored taste and widespread demand of organic and natural food in market. In addition to this, mashed potatoes are also getting popularity of because of its demand from health conscious customers. As companies are offering healthy mashed potatoes which have low sodium, free from fats etc.

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Market Segmentation of Mashed Potatoes Market:

Market of mashed potatoes is segmented on the basis of different aspects which are in perspective to form, application and distribution channel. On the basis of form it is segmented as solid and powder form and as per the application it includes as a food product and food ingredient. Another market segment of mashed potatoes is done in accordance with the basis of distribution channel that is through hyper or super market stores, retailers and online distribution of channels.  On examining the proportion of mashed potato market in terms of market share, it is assessed that figures of market segment by application has greater weightage on pie chart. Moreover, market segment of mashed potato is also segmented into sub-segment and further market of food product can be sub-segmented into snacks and culinary food.

Demand of processed and preserved food is increasing with tremendous growth at global level and mashed potato is also one of the product which is gaining its demand from last few years. The reason behind increasing demand of mashed potatoes is that in this product the natural quality of potatoes remains same. In addition to this, mashed potatoes are also available in organic form which mostly attracts the consumers who are seeking for healthy lifestyle. Apart from this mashed potato product market gaining its demand due to its application in different food recipes and culinary food. Increase in consumption level of consumers has also influenced the companies to meet the needs and demands of consumers in effective manner.  Companies are offering mashed potatoes of different taste and flavors such as with spices, butter, cheese, garlic etc. Furthermore, mashed potatoes is also taking wide place in market shelves of hyper or super market store because of its exceptional range of varieties, packaging, application in food recipes and for many other uses.

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Regional Segment of Mashed Potatoes:

On the basis of regional segment, market of mashed potatoes is segmented into seven different regions of world. This regional segment includes North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, Middle East and Africa. On evaluating the market segment in terms of production of mashed potatoes, results showcase that Europe is the largest producer of mash potatoes. However in terms of demand of mashed potatoes, America and European countries have majority of demand in global level market.

Major Players in Mashed Potatoes Market:

Key players in market of mashed potatoes are Knorr, Idahoan, Simply Potatoes, Pineland Farms Potato Company, Hormel, Hungry Jack Potatoes, McCain, Agristo, Pomuni and Continental are some of the major market players.

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Liquid Smoke Market: Meat and Seafood is the Most Dominant Segment

According to the latest market report published by Future Market Insights titled ‘Liquid Smoke Market – Global Industry Analysis and Opportunity Assessment, 2015 – 2025’, the global liquid smoke market was valued at over US$ 65 Mn in 2015. It is expected to expand at a CAGR of 8.1% over the forecast period (2015–2025). Growth of the liquid smoke market is primarily driven by rising disposable income, growing pet ownership, increasing consumption of meat products and lowered total production cost.

Smoke ingredients are used in food industry to add smoke characteristics to food with or without grilling or roasting the food. Liquid smoke is widely utilised in meat and seafood industry to add flavour and colour through methods such as atomising, spraying and dipping.

On the basis of application, the liquid smoke market is segmented into meat and seafood, sauces, dairy, pet food and treats and others (snacks and bakery and confectionery); among these, meat and seafood is the most dominant segment.

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Growing pet ownership and consumer preference for barbeque sauces and related flavours across certain regions such as North America and Western Europe is expected to drive segments such as pet food and treats and sauces segments during the forecast period.

North America market was the largest market for liquid smoke and valued at US$ 13.5 Mn in 2014. This is mainly attributed to increasing number of processed food plants and rising consumer preference for smoke food products in the region.

The APEJ market was valued at US$ 6.8 Mn in 2014and is expected to expand at a CAGR of 9.9 % during the forecast period. The market in the region is expected to be driven by increasing adoption of liquid smoke products in countries such as India, China, South Korea, Singapore and Philippines. Also, several leading players are setting up their offices in this region in order to capitalize on the lucrative untapped market in the region. Increasing meat and seafood consumption and lowered total cost of utilising liquid smoke as compared to conventional methods for smoking processed foods are expected to create significant growth opportunities during the forecast period.

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Key players identified in global liquid smoke market include Red Arrow International LLC now a Kerry Group Plc entity, MSK Ingredients Ltd., Besmoke Ltd., Baumer Food Inc., B&G Foods Inc., Redbrook Ingredient Services Ltd., Frutarom Savory Solutions Gmbh, Ruitenberg Ingredients BV and Azelis SA.

Major liquid smoke manufacturers in the market are focusing on strengthening partnerships with processed food manufacturers and distributors across various regions. Manufacturers are also focusing on providing a broad and customised range of liquid smoke products to cater to varying customer demands.

Natural Food Colours Market: N.America & W.Europe Largest Markets

The global natural food colours market was valued at US$ 1,219.5 Mn in 2015, and is expected to grow by 6.8% to reach US$ 1,302.4 in 2016. North America and Western Europe are the two largest markets for natural food colours, collectively accounting for a revenue share of 60.1% in 2015. Increasing use of natural food colour by the food processing industry is a key factor driving the growth of the market.

The global natural food colours market is expected to witness an upsurge owing to the introduction of new food products with natural ingredients and colouring pigments. Furthermore, factors such as technological advancements, growing demand for clean label products and stringent regulations on synthetic colouring agents are influencing manufacturers to incorporate more natural colourants in their offerings. Additionally, rising awareness about the potential health impact of artificial colours on human health and increasing consumer health consciousness are likely to foster the demand for natural food colours. Technological advancement to procure sustainable solutions that find proper application in packaged beverage, foods, bakery and other end-use industries is expected to drive growth of the market in 2016 and beyond.

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Natural food colouring manufacturers are scouring for cost-effective sources to offer end-products at competitive prices. Confectionery products is a lucrative segment on the basis of application, and is expected to witness a healthy growth rate in 2016 owing to the arrival of new product formulations that aid in creating cleaner and shelf-stable confectionery products.

On the basis of pigment type, the market is segmented into curcumin, carotenoid, anthocyanin, spirulina extract, paprika extract, carmine, chlorophyll and betalains. Carotenoid is further sub-segmented into annatto, beta carotene, lycopene and lutein. Amongst the mentioned pigment types, spirulina extract is anticipated to witness the highest growth rate in 2016, with overall revenues growing by 11.0 %.

In addition to North America and Western Europe, the natural food colours market in Asia Pacific excluding Japan (APEJ) is expected to witness robust growth in 2016. APEJ natural food colours market revenues are anticipated to increase by 7.7% to reach US$ 321.2 Mn in 2016.

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Key natural food colour companies include Roha Dyechem Pvt. Ltd., Kalsec Inc., Archer Daniels Midland Company, Naturex S.A., Symrise AG, GNT International B.V., D.D. Williamson & Co., Inc., Chr. Hansen A/S, Adama Agricultural Solutions Ltd. and Sensient Technologies Corporation.

Long-term Outlook: The global natural food colours market is expected to increase at a CAGR of 5.4% during the forecast period 2016–2026 and reach US$ 2,212.1 Mn in revenues.

Colostrum Market: North America is Expected to Account for a Major Share of the Market by 2026

Colostrum is gaining preference as an essential component in food and beverages industry. Future Market Insights (FMI) estimates global colostrum volume to exceed 10,331.5 tonnes by 2016 end and represent market value of over US$ 1367.4 Mn by 2016 end.

Increasing demand for colostrum can be attributed to it being a major source of immunoglobulin — with higher amount of IgG — that strengthens the immune system and helps in reducing signs of ageing. Various colostrum-based products such as whole colostrum powder, skim colostrum powder and specialty colostrum powder are available in the market. Increasing demand for probiotic colostrum-based products is anticipated to fuel growth of the global colostrum market in the near future.

In terms of application, infant food is the largest segment in the global colostrum market. This is mainly attributed to increasing number of branded infant food products being prescribed by physicians, paediatricians, pharmacists and doctors. Due to the aforementioned factors, infant food segment is expected to expand at a CAGR of 3.7% in terms of value and 3.5% in terms of volume over the forecast period (2016–2026).

In terms of revenue generation, whole colostrum powder is the most attractive segment and is estimated to account for US$ 645.4 Mn by 2016 end. FMI estimates whole colostrum powder segment to exceed 6,508.6 tonnes by 2016 end; an increase of 2.3% in 2016 over 2015.

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Asia Pacific excluding Japan (APEJ) is expected to remain the largest market for colostrum. By 2026 end, the APEJ market is expected to be valued at US$ 833.8 Mn and 11,135.2 metric tonnes in terms of volume. The North America market is anticipated to exhibit significant growth over the forecast period.

global colostrum market webchart

APS BioGroup, La Belle, Inc., Ingredia Nutritional, The Saskatoon Colostrum Co. Ltd, Biostrum Nutritech Pvt. Ltd, Biotaris B.V., NIG Nutritionals Limited, Good Health NZ Products Ltd, Sterling Technology and Cuprem Inc. are some of the market leaders identified across the value chain in the global colostrum market landscape. Leading companies are focusing on expanding their production capacity and launching new product offerings in a bid to increase market share, expand customer base and achieve a competitive edge.

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Long-term outlook: According to FMI analysis the global colostrum market is expected to maintain a positive outlook, with revenue projected to reach US$ 1943.5 Mn by 2026. In terms of value, the global colostrum market is anticipated to expand at a CAGR of 3.6% during the forecast period. In terms of volume, the global colostrum market is anticipated to expand at a CAGR of 3.2% during the forecast period.