Tea Global Market: January 2020

Wednesday, January 29, 2020

Biofertilizers Market Share, Competitor Strategy, Industry Trends and Forecast to 2023

Market Introduction

Biofertilizers are living microorganisms which provide nutrients to the crops through nitrogen fixation and phosphorous solubilization processes. They also assist in maintaining the quality of the soil and promoting sustainable agriculture. The various types of biofertilizers include, nitrogen fixing biofertilizers, phosphate solubilizing biofertilizer, plant growth promoting Rhizobacteria, and biofertilizers for micronutrients. They are cost effective and are a renewable source of plant nutrients. Concerns for sustainable agricultural land has increased with the use of chemical fertilizers, which has created immense scope for biofertilizers.

The global market for Biofertilizers Market Share has been witnessing high demand for the last few years and is projected to reach USD 2653.48 million by 2023 compared to USD 1183.34 million in 2017. Increasing awareness regarding sustainable agriculture followed by various government initiatives to promote the product is majorly driving the growth of the market. Moreover, the growing trend of inclination towards organic foods from the consumers is boosting the growth of the market. Growing demand from the emerging market will surge the biofertilizers market over the coming years.

Based on the type, nitrogen-fixing segment is dominating the market and is witnessed to grow at the highest growth rate of 14.74% over the forecast period. On the basis of crop type, cereals & grains segment is expected to hold the maximum market share of 43% on the global level. Additionally, on the basis of application, seed application segment is anticipated to grow at the highest rate of 14.60% during the review period. Based on the form, the dry segment dominated the market in 2017.

By Downstream Analysis

On the basis of the type, biofertilizers market is segmented into nitrogen-fixing, phosphate-solubilizing, others. Among the type, nitrogen-fixing segment accounted for the major market proportion of 73% in the year of 2017. Moreover, it is projected to be the fastest growing segment during the forecast period of 2017-2023.

Based on the crop type, biofertilizers market is segmented into cereals & grains, pulses & oilseeds, fruits & vegetables, and others. Among them, cereals & grains segment has been dominating with major market share of 43% in the year 2017. However, fruits & vegetables segment is predicted to be the fastest growing segment during the noticed period.

On the basis of the application, it is segmented into seed application and soil application. Among them, seed application segment dominated with the market share of 72% in the year 2017. Also, soil application segment is anticipated to have a substantial growth during the forecast period of 2017-2023.

Based on the form, the market is segmented into dry and liquid. It is observed that the dry segment accounted for the maximum market share in the year 2017. However, liquid segment is projected to surge the market growth over the noticed period.

Competitive Analysis

The major key players in biofertilizers are:

National Fertilizers Ltd. (India)
Madras Fertilizers Limited (India)
Monsanto BioAg (U.S.)
Gujarat State Fertilizers & Chemicals Ltd. (India)
T Stanes & Company Limited (India)
Camson Bio Technologies Limited (India)
Rashtriya Chemicals & Fertilizers Ltd. (India)
Biomax Naturals (India), Agri Life (India)
Mani Dharma Biotech Pvt. Ltd. (India)

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Regional Analysis

Among the regions, North America is dominating the biofertilizers market with over 31.74% of the global market share and is projected to reach around USD 827.62 million by 2023. However, Asia Pacific is anticipated to be the fastest growing region for biofertilizers market. In Asia Pacific, Japan is expected to grow at the highest rate followed by Australia and India over the forecast period.

Moreover, RoW is also projected to witness a substantial growth rate during the forecast period 2017-2023, in which Latin America is projected to grow at the highest rate followed by Africa over the review period.

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Butter Market Share, Size, Future Trends, Business Opportunity, Latest Research News and Forecast To 2024

Butter Market Overview

The Global Butter Market share is expected to grow at a higher growth rate supported by diverse application of butter for culinary purpose. Rising trend of butter fortification to enhance the nutritional value as well as flavor of the product is propelling the growth of this market. Increasing demand for food ingredients to increase the organoleptic property of the food is also influencing the growth of Butter Market Share, positively. Technological strides resulting in improved processing protocols of butter as well as to increase the shelf-life of the product is also adding fuel to the growth of this market.

All these factors will contribute to the estimated CAGR of 4.2% of butter market during 2017-2023.

Market Scenario

Rising sale of butter is driven majorly by its nutritional value and diverse application across the food industry. Furthermore, rising trend of fast food consumption adds fuel to growth of the global butter market. Hectic lifestyle of consumers is also propelling the demand for processed and convenience foods. Butter is one of the key ingredients in convenience food and hence the growth of convenience food market is directly influencing the growth of butter on the global level, positively. The production and the consumption of butter is high in Europe and is projected to increase at a positive growth rate in various countries of Asia Pacific and North America over the given forecast period.

Key Findings

Consumption of unprocessed butter will be growing at a higher rate during the forecast period owing to rising awareness about demerits of processed food consumption

Top exporters of butter include New Zealand, the Netherlands, Ireland, Belgium, and Germany

Competitive Analysis

The major key players in the butter market are

Amul (India)
Arla Foods (Denmark)
Kraft Foods Inc. (U.S.)
Land O'Lakes, Inc. (U.S.)
FrieslandCampina (Netherlands)
Dean Foods (U.S.)
Organic Valley (U.S.)

Butter manufacturers across various regions are following the strategy of product innovations to add new and unique flavors to their product to penetrate the global market and to meet the growing demand for the product. Furthermore, key players are investing more in R & D sector to improve their existing products line and to enhance the quality as well as the shelf-life of the butter. In the Europe, the Netherlands dominates butter market and exports the product to various other countries, which include Germany, France, Belgium, China, the U.K. and others.

Regional Analysis

The Global Butter Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe holds a major market share followed by North America. High demand for butter owing increasing disposable income and high fast food consumption from the developed countries of these regions is contributing to the growth of the butter market. France, Germany, Belgium, the Netherlands and Russia are the major importers of butter. Developed trading channels and high demand for bakery products are also driving the growth of the market in these countries.

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Table of Content

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3 Butter Industry Insights

Chapter 4 Butter Processing Insights

Chapter 5 Butter Product-Type Insights

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Protein Supplements Market Share, Global Size, Emerging Trends, Growth Opportunity, Forecast to 2023

Market Introduction

The Global Protein Supplements Market is projected to grow with a significant growth rate of 6.87% from 2018 to 2023 and reach a market value of USD 14.50 billion by the end of 2023.

Protein Supplement are dietary supplements which provide energy and high protein content to the body. Protein supplements are produced by extraction of protein majorly form plants and animals. Based on the protein content and form, the protein supplement varieties are segregated. They contribute to a proper balanced diet and enhances the body metabolism. Protein supplements are vital nutraceutical products and are consumed mainly by the athletes and health conscious consumers to enhance the body muscles thereby increasing the rate of metabolism. The high health benefits obtained from protein supplement will fuel up its market during the forecast period.

The global market for Protein Supplement Market Share has witnessed continued demand during the last few years and is projected to reach 1,247 kilo tons by 2023. Increase in demand of protein supplement-based products as a dietary supplement across various countries is likely to drive the global protein supplement. Increasing awareness about the health benefits of protein supplements has appositive impact on its market growth.

plant based protein supplement among the various protein supplement sources is projected to grow the most due to its high consumer’s preference and increased demand for herbal and natural protein products. Plant based protein supplement share will contribute to the largest market volume of protein supplement. Animal sourced protein supplement will dominate the Europe market while plant-based protein supplement will be dominating the other regions.

By Downstream analysis

By 2023, plant sourced protein supplement will reach more than 500 kilo tons. The easy availability and high protein content of plant-based protein in addition to easy processing for protein extraction is supporting the growth of plant-based protein supplement in the market.

Application of protein supplement in nutraceuticals holds a lion’s share of the total market share and it is projected to grow at a CAGR of 5.14% by 2023. However, sports nutrition-based application will witness the high growth rate (~4.57%) during forecast period 2017 to 2023. By 2023, powder form of protein supplement is projected to hold a major share and is projected to have a significant growth rate backed up by high shelf-life of the product.

Competitive analysis

The major key players in Protein Supplement market are

Glanbia Plc. (Ireland)
Archer Daniels Midland Company (U.S.)
GNC Holdings Inc. (U.S.)
Herbalife Ltd (U.S.)
GlaxoSmithKline Plc. (U.K.)
Abbott Laboratories (U.S.)
Amway (U.S.)

Key players are focused majorly on new product launch in their protein supplements product and it accounts for more than 30% of the overall strategy share by key players from last few years. Acquisition, mergers and geographical expansion are the main factors which are contributing 50% of strategy share and is facilitating companies to penetrate the potential market across globe.

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Regional Analysis

North America will continue to dominate the protein supplement market with more than 30% market share and it is projected to reach more than 400 kilo tons with CAGR of 5.65% by 2023. Asia-Pacific will witness the highest growth rate (~5.87%) during forecast period 2017 to 2023. Europe region will witness the growth of 2.58% in protein supplement market for the same period. Growing popularity of consumption of dietary supplements imparting necessary nutrients to the body is driving the market growth of protein supplement globally. Increasing health awareness and adoption of healthy lifestyle is playing a key role in the protein supplement market growth from last few years.

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Dairy Blends Market Share Size and Competitor Strategy, Industry Trends, Forecast to 2023

Dairy Blends Market Scenario

Dairy blends are usually prepared by blending cream or butter and other non-dairy ingredients such as cocoa, vegetable oil, almonds and many others. Dairy blend products contain protein, vitamins, and essential minerals. It is an inexpensive alternative to dairy products and is applicable in various industries, such as frozen dessert, chocolate and confectionery, food and beverages.

The global market for Dairy Blends Market Share has been experiencing high demand for the last few years and is projected to reach USD 3,750 million by 2023 compared to USD 2,599 million in 2017. Health benefits associated with dairy blends products is creating a positive impact on the health-conscious population. Moreover, high prices of dairy products globally have influenced the consumers to shift in their preference for dairy alternatives which is boosting the growth of the market. Additionally, there is an increasing demand for dairy blends in emerging economies which creates a huge potential for the dairy blends market.

Based on the type, dairy/ non-dairy ingredients segment is dominating the market followed by dairy mixtures. Moreover, dairy/ non-dairy ingredients segment is witnessed to grow at the highest growth rate of 6.90% in APAC region over the forecast period. Since form, the spreadable segment is expected to hold the maximum market share of 48.43% on the global level. Additionally, dairy blends market is projected to grow at a CAGR of 7.01% in the application of bakery & confectionery segment over the forecast period.

By Downstream Analysis

On the basis of the type, dairy blends market is segmented into the dairy mixture, dairy/non-dairy ingredients, dairy as a functional ingredient, dairy as a carrier, and others. Among the type, dairy/non-dairy ingredients are estimated to account for the major market proportion of 35.89% in the year of 2017. However, dairy as a carrier segment is projected to be the fastest growing segment during the forecast period of 2017-2023.

Based on the form, dairy blends market is segmented into spreadable, liquid, powder, others. Among them, the spreadable segment is observed to be dominating with a major market share of 48.43% in the year 2017. However, powder segment is predicted to witness a healthy growth during the noticed period.

On the basis of the application, it is segmented into bakery & confectionery, ice cream & frozen dessert, infant nutrition, & baby food, sweet & savory snacks, beverages, dietary supplements, meat & seafood, and others. Among them, ice cream & frozen desserts segment are dominating with the market share of 27.89% in the year 2017. However, bakery & confectionery segment is anticipated to be the fastest growing segment during the forecast period of 2017-2023.

Competitive Analysis

The major key players in dairy blends are:

Kerry Group PLC(Ireland)
Cargill Inc. (U.S.)
Fonterra Co-operative (New Zealand)
Royal Frieslandcampina N.V. (The Netherlands)
AAK Foodservice (U.S.)
Cape Food Ingredients (South Africa)
Galloway Company (U.S.)
Agropur Cooperative (Canada)
AFP advanced food products llc (U.S.)
Dohler GmbH (Germany)

Regional Analysis

APAC is dominating the dairy blends market with over 34.41% of the global market share and is projected to account for a share of more than USD 1,395 million by 2023. India is expected to grow at the highest rate, followed by Japan and China, through the forecast period.

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North America is projected to witness a substantial growth rate, followed by APAC region, during the forecast period. Canada is estimated to grow at the highest rate, followed by Mexico, through the review period.

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Green Tea Market Share, Competitive Landscape, Demand Analysis, Size, Competitive Landscape, Forecast – 2024

Green Tea Market Scenario

Green Tea Market is made from camellia sinensis leaves that have undergone minimal oxidation during processes. The various health benefits of green tea are increasing the demand for it among consumers. One of the significant reasons for the growth of the green tea market is the medicinal benefits of green tea. The antioxidant property of green tea aids blocking the oxidation of low-density lipoprotein and cholesterol. Thus, the increasing prevalence of cardiovascular diseases and obesity cases are anticipated to increase the consumption of green tea during the forecast period

The global green tea market is expected to garner a revenue of USD 9 billion by 2024, with a CAGR of 5.8% during the forecast period, 2019–2024.

The Global Green Tea Market Share is witnessing an impressive growth over the last few years. This is attributed by the rising health conscious people both in developed and developing economies. Also, increasing disposable income of the consumer is anticipated to be the significant reason of the growth of green tea during the forecast period. Increasing cardiovascular diseases and obesity cases are anticipated to fuel the sales of green tea during the forecast period. Apart from that, presence of catechin in green tea hinder the growth, motility, and incursion of cancer cells which in turn escalates the death of such malignant cells.

Key Players
Arizona Beverages USA (US), Tata Global Beverages Limited (India), The Republic of Tea (US), Unilever PLC (UK), East West Tea Company, LLC (US), The Bigelow Tea Company (US), Numi, Inc. (US), Starbucks Corporation (US), Organic India (India), Associated British Foods plc (UK), Mekor Corporation (US), Koninklijke DSM N.V. (the Netherlands), Cape Natural Tea Products Pty Ltd (South Africa), Celestial Seasonings (US), and Hankook Tea USA, Inc. (US) are some of the key players in the global green tea market.

Segmentation
The Global Green Tea Market has been segmented based on form, category, distribution channel, and region.
By form, the global Green Tea Market has been classified as powder, tea bags, loose-leaf, and others. The tea bag segment held a significant market share in the global green tea market, and the same segment is expected to be the fastest-growing segment.
Based on category, the global Green Tea Market has been bifurcated into organic and conventional. The conventional segment holds a larger market share in the global green tea market. However, the organic segment is expected to register the higher CAGR during the review period.

Regional Market Summary
Asia-Pacific accounted for the largest market share in 2018. The region’s dominance and growth can be attributed to the increasing consumption of healthy food and beverages among health-conscious people. North America is expected to be the fastest-growing region in the green tea market. The rise in consumer awareness regarding the benefits associated with green tea is majorly driving the growth of green tea market in this region. Lower acidity and more antioxidants in green tea have a positive effect on health, which, in turn, is expected to drive the market growth.

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Tuesday, January 14, 2020

Organic Tea Market Regional Analysis, Key Players, Industry Segments, Development, Opportunities, Forecast To 2024

Organic Tea Market Overview

The global Organic Tea Market is projected to reach approximately USD 1.3 billion by 2024 and register at a significant CAGR of 5.8% during the forecast period, 2019–2024. Organic Tea is the tea type that is cultivated without the use of any fertilizers, pesticides and herbicides. Organic tea cultivation is beneficial for human consumption as well as for the ecosystem. The innovations due to technology advancements has resulted in adoption of organic tea cultivation techniques and has attracted many consumers on a global level. The consumption of non-organic tea leads to the ingestion of harmful chemicals into the body. Non-organic tea has several health benefits as it is consumed in the natural form. Organic Tea Market is rich in antioxidants which tends to prevent the body from risks of several diseases and hence has become popular amongst the consumers globally.

Market Scenario and Key Restraints

The health benefits of organic tea as well as its medicinal application is considered as a major driver for organic tea market. The rich taste of organic tea has made it popular globally which also tends to have a positive impact on its market growth. The chemical-free form of organic tea make its consumption more popular amongst the health conscious consumers. Adoption of healthy lifestyle and high demand for refreshing hot- beverages has supported the positive growth of organic tea.

On the basis of type, black organic tea is found to hold a major share and is calculated to increase at high rate globally based on its increasing consumption due to rich taste and high anti-oxidant level. However, green organic tea is gaining popularity due to its property of reducing excess fat from the body which is also supporting the increased demand of the product from consumer’s side. Unflavored organic tea is found to hold a major share on a global level as they are further used for processing.

Top Key Players in a Global Market

The key players profiled in the global Organic Tea Market are Unilever (UK), Associated British Foods plc (UK), Vahdam Teas (India), Celestial Seasonings, Inc. (US), Bombay Burmah Trading Corporation Limited (India), Stash Tea Company (US), Bigelow Tea Company (US), Shangri-la Tea (US), Yogi Tea (US), Republic of Tea (US), Mighty Leaf Tea (US), Numi, Inc. (US), Harney & Sons Fine Teas (US), and Hälssen & Lyon GmbH (Germany)

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Segmentation

Organic Tea has been segmented based on Type which comprises Green Tea, Black Tea, Oolong Tea, Others. Black Organic Tea is found to hold a major share due to its increasing health concerns among the consumers.

Organic Tea has been segmented based on form which comprises Loose Leaf, Powder, Tea Bags, Others. Loose leaf organic tea is found to hold a major share due to less moisture content resulting in high shelf-life.

Organic Tea has been segmented based on formulation which comprises Flavored and Unflavored. Unflavored organic tea is found to hold a major share.

Regional Analysis

The Global Organic Tea Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific region has the major market share followed by Europe. Changing lifestyle has led to adoption of healthy consumption pattern due to which Asia-Pacific is projected to generate a high revenue during the given forecast period. The Major importers of organic tea include Russia, U.S., U.K., Iran and Egypt.

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Green Tea Market Research, Competitor Strategy, Industry Trends, Business Opportunity, Forecast to 2024

Green Tea Market Scenario

The global green tea market is expected to garner a revenue of USD 9 billion by 2024, with a CAGR of 5.8% during the forecast period, 2019–2024.

The Global Green Tea Market is witnessing an impressive growth over the last few years. This is attributed by the rising health conscious people both in developed and developing economies. Also, increasing disposable income of the consumer is anticipated to be the significant reason of the growth of green tea during the forecast period. Increasing cardiovascular diseases and obesity cases are anticipated to fuel the sales of green tea during the forecast period. Apart from that, presence of catechin in green tea hinder the growth, motility, and incursion of cancer cells which in turn escalates the death of such malignant cells.

For more information @ https://www.marketresearchfuture.com/reports/green-tea-market-3151

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