Specialty fats and oils market value is projected to rise with a CAGR of 6.3% over the forecast period from 2018 to 2026. Specialty oils such as palm oil, olive oil, etc. are one of the least processed oils due to which it is gaining traction in developed countries. Increasing consumer inclination over its “natural” properties and growing health concerns due to the consumption of saturated fats has catered to the market demand for specialty oils. Also, increasing demand for snacks and fried food products due to rising disposable income and growing retail sector globally, leading to high consumption of specialty oils for the preparation of these products. On the other hand, specialty fats provide sensory attributes to the prepared food products such as chocolate, chocolate confectionery, bakery products and ice cream.
Tuna is a saltwater fish canned for both commercial and retail usage since it is one of the major sources of animal protein. Canning is a method of preservation of food stuffs that are highly perishable in nature. Canning is generally done in an air-tight container that prevents contact of food products from atmospheric conditions thereby increasing its shelf-life. Edible oils, sauces, mineral salt solutions (like brine water) are the storage medium used inside the canned container.
Whey protein ingredients are referred to as globular proteins which are extracted from whey, a liquid obtained as a derivative of cheese. Consumers are preferring whey protein ingredients due to their high protein content as compared to egg, soy and other dairy products. Whey proteins are widely consumed in the form of nutritional supplements owing to various health benefits related with them.
Nutraceutical is a combined term for nutrition and pharmaceutical products that claim to exhibit immense health benefits. Considerable interest for nutraceuticals grew due to the bioactive components of nutraceuticals that have additive nutritional value to human health. Increasing economies of developing nations along with countries with emerging economies is expected to expand the nutraceuticals industry.
The global alternative proteins market was valued at USD 7.75 billion in 2016. Alternative proteins market is mainly driven by the increasing health consciousness, shift in consumer preference towards natural plant proteins and increasing demand from general middle class consumers.
Food fortification ingredients are generally recognized as safe ingredients which are added in foods, beverages and other edible products to provide functional and health benefits and also supports the shelf life of the products.
There is an increased inclination among consumers regarding their beauty and hygiene, which is fuelling the demand for advanced skin care products. Of different product range for skin care, anti-aging is perceived to gain significant momentum in the next five to six years. Technological advancements in the personal care industry have led towards development of novel anti-aging nutraceutical products.
Nutraceuticals Market Research Reports
Nutraceuticals also referred to as functional foods, are becoming popular mainly due to the changes in food habits adopted by health aware customers. High disposable incomes in this consumer section are also contributing factor to the rise in the demand for Nutraceuticals. As per the market analysts, the world market for Nutraceuticals is likely to touch one hundred and thirty billion US dollars by the end of year 2015.
Nutraceuticals are different from pharmaceutical items. They are not medicines but they possess a particular nutrient ingredient. For example, fruit juice fortified with probiotic drinks or calcium could be termed & fit in as Nutraceuticals. Customers are increasingly conscious about their levels of cholesterol and display more inclination towards the foods that consist of fats that are beneficial to the body. Some of the main products of the Nutraceuticals market are omega three fatty acids, calcium, soy protein, Q10 (coenzyme), lutein, probiotic and magnesium.
Are you already an established market player or a new player in Nutraceuticals market? Do you already have a hold over the Nutraceuticals market but are expecting growth with new plans? Do you require insights into the growing market dynamics and competitive background of the Nutraceuticals business? Acute Market Reports is there to help you with its market reports because we have a vast collection of market research reports sourced from the best publishers of the Nutraceuticals industry. We also provide customized reports to our clients as per their business requirements as well as per the requirements of the growing and emerging or evolving Nutraceuticals market
The APEC Zone is poised to be the most profitable market for Nutraceuticals items. The current key leaders in this market today are US, Japan and UK.
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