Global Sports Nutrition Market Players See Opportunities in Burgeoning Sector of Sports Food

Sports nutrition is a specialized market within the overall nutrition industry. A number of products fall under the sports nutrition market; these include: protein bars and shakes, energy bars and drunks, and dietary supplements. A number of nutritious and energy-boosting ingredients go into the manufacture of sports nutrition products. Typically, such products comprise ingredients such as caffine, linoleic acid, creatine, and taurine.

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Sports Drinks Hold Largest Market Share but Sports Food Looks Promising

Within the global sports nutrition market, sports drinks occupied the largest market share in 2014. However, there is another segment that presents several growth opportunities- sports food. The segment of sports food is currently growing at a very healthy pace and there is much scope for innovation and new product development within this segment. Globally, the sports food segment will benefit from heightened health awareness levels and a change in lifestyle.

To put this trend into numbers, the sports drinks product segment was estimated at 8.21 billion liters as of 2013. And, the sports food segment will emerge as the fastest growing segment with a 9.6% CAGR from 2014 to 2020.

Sports Nutrition Market Rides High on the Obesity-Alleviation Wave

The occurrence of obesity worldwide has doubled since 1980, according to the World Health Organization (WHO). This has spurred many countries into action so as to control the obesity epidemic before it spirals into an unaffordable cost to their healthcare systems. In view of this drastic change that’s brewing in virtually every major nation, the pressure is on consumers to lead an active, balanced and healthy lifestyle. The most convenient way to do this is via engaging in sports and other types of physical activity. As the number of people indulging in sports goes up, the global sports nutrition market needs to cater to the specific nutritional demand of consumers of different age groups.

Thus, besides professional athletes and sports persons, a rising number of recreational users are also pushing up the demand in the sports nutrition market. Thus, the drivers of the global sports nutrition market can be pinned down to the following: Increased health awareness, a rapid pace of urbanization, ability of consumers to purchase sports nutrition products thanks to growing disposable income, and intelligent market campaigns by sports nutrition companies.

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Sports Nutrition Market Needs to Deal With Counterfeit Products that Dent Consumer Confidence

While there is little doubt that over the next few years, the global sports nutrition market will witness a healthy growth in demand, there are still a few challenges that will curtail this rise to some extent. The presence of counterfeit products in the sports nutrition market is one such concern. Moreover, in several parts of the world, the sports nutrition products market remains unregulated and this poses a serious health risk to consumers. The time is right for companies to strengthen their commitment to weeding out such counterfeit products and strengthen consumer confidence.

Sports nutrition products are increasingly purchased by consumers online; hence, it is vital that companies in this market spruce up their supply chain and logistical networks so that they do not miss out on key consumer pools. The best way, as many companies have already found, is to penetrate developing countries where health awareness is steadily growing and consumers are in a position to spend more on sports nutrition products. Vast untapped potential exists in countries such as Brazil, Argentina, India, Japan and China.

As of 2014, North America was a leader in the global sports nutrition market and this region will hold on to its top position through 2020 at least. The next largest market for sports nutrition is Europe, a region that could well be outpaced by aggressive growth in the Asia Pacific region.

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Pet Food Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

This market research study analyzes the Pet Food Market in Europe, and provides estimates in terms of revenue (USD million) from 2015 to 2021 as well as volume in terms of kg million from 2015 to 2021. It recognizes the current market trends affecting the pet food market and analyzes their impact over the forecast period. Moreover, it also analyses the Average Selling Price (ASP) in various product segments across various countries.

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The pet food market has been segmented by pet type into dog food, cat food and others. The others segment includes fish food, bird food, reptiles and other small animals. The cat food segment held the largest market share in Europe. Increasing trend for nuclear families coupled with demand for small pets is one of the major factors boosting the demand for cat food in Europe. In terms of food type the pet food market has been segmented into wet/canned food, dry food, nutritious food, snacks/treats and others. Raw meat and other household products are covered within the scope of others segment. However, the others segment including reptile food, bird food, fish food and other small pets is the fastest growing segment in pet food market in Europe.

The dry food segment held the largest market share in pet food market in Europe. Ease of handling and lower prices compared to other segments is one of the major factors boosting the demand in the dry food segment. Apart from this, added nutritional value in the dry food segment is also expected to boost the demand for dry food in Europe. However, the nutritional food segment is the fastest growing segment in Europe. Increasing awareness about pet health is one of the major factors boosting the demand in the nutritional food segment. In the coming years, with increasing concern the demand for nutritional food is expected to reach considerably.

The pet food market in Europe has been segmented by country into, U.K., Germany, France, Italy, Spain, Netherlands and rest of Europe. U.K. is the largest market for pet food in Europe. Increasing demand for pet specific products is one of the major factors boosting the demand in U.K.. Apart from this, nutritional food segment is the fastest growing segment in U.K.. Increasing awareness about pet health among the pet owners is one of the major factors boosting the demand for nutritional food in U.K.. However, Spain is the fastest growing market in Europe. Increasing trend for nuclear family is one of the major factors boosting the demand for pet food in Spain. Apart from this, increasing awareness about pet health is also boosting the demand for pet food in Spain.

The report also analyzes macro economic factors influencing and inhibiting the growth of pet food market in Europe. In addition, the report also provides Average Selling Price (ASP) across all the product segments in countries analyzed in the course of research. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

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This report provides strategic analysis of the Europe pet food market, and the growth forecast for the period 2015 to 2021. The span of the report includes competitive analysis of various market segments based on the pet type, food type and in-depth cross sectional analysis of the pet food market across different countries.

In the report, the market has been segmented by food type, pet type and by country. The study highlights current market trends and provides the forecast from 2015 to 2021. We have also covered the current market scenario for the pet food market and highlighted future trends that will affect demand. By country, the market has been segmented into U.K., Germany, France, Italy, Spain, Netherlands and rest of Europe. The present market size and forecast until 2021 have been provided in the report. In addition, the report also provides brand share of the major brands in the countries covered within the scope of research.

The Europe Pet Food Market has been segmented as:

Europe Pet Food Market: By Country

U.K.

Germany

France

Italy

Spain

Netherlands

Rest of Europe

The report provides a cross-sectional analysis of all the above segments with respect to the below mentioned countries.

Europe Pet Food Market: By Pet Type

Dog Food

Cat Food

Others

Europe Pet Food Market: By Food Type

Dry Food

Wet Food/ Canned Food

Nutritious Food

Snacks/Treats

Others

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability,

 Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Beer Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

Beer is one of the most preferred alcoholic beverages in Europe. There are large numbers of local players in Europe with no international presence. The advent of beer started in Western Europe and later on spread to Eastern Europe. Ukraine and Russia are some of the major countries boosting the demand for beer in Eastern Europe. However, due to high market penetration Western and Northern Europe is expected to have stable growth throughout the forecast period. The consumption rate of beer in Europe is the higher compared to other alcoholic beverages such as Wine and Spirits (Whiskey, Vodka, Rum and various others). Germany held the largest market share in Europe beer market followed by the U.K.

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Health benefits associated with consumption of beer is one of the major factors boosting the demand for beer in Europe. Beer, being an alcoholic beverage offers several health benefits when consumed within stipulated limits. It is the third most popular drink after water and tea in Europe. Consumption of beer keeps the kidneys healthy as each bottle of beer consumed reduces the risk of developing kidney stones by about 40%. The presence of soluble fiber in beer results in digestion which reduces the occurrence of intestinal transit. Beer contains elevated levels of silicon facilitating development of stronger bones and increased bone density. Rising disposable income post economic slowdown among the consumers especially among the youth is also expected to drive the beer market in Europe. The strengthened economic condition of Europe has led to the significant rise in the disposable income of the consumers.

However, the availability of substitutes is restraining the growth of beer market in Europe. There are both internal and external substitutes for beer. Internal substitutes of beer include other alcoholic beverages such as spirits (Whiskey, Vodka, Rum and various others) and Wine. Consumers who do not prefer beer can always shift to these alternatives. External substitutes of beer include other non-alcoholic beverages such as carbonated drinks, dairy drinks, RTD tea and coffee and energy drinks among others.

However, Eastern Europe offers huge untapped potential opportunity for beer manufacturers to capitalize upon. The growing markets of Russia, Ukraine and various other countries offer several expansion opportunities for the beer manufacturers. Germany is the market leader in the beer industry followed by U.K. However, with France is the fastest growing market for beer in Europe. Health benefits associated with beer is one of the major factors boosting the demand for beer in France.

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Anheuser-Busch InBev, SAB Miller PLC, Heineken N.V., Carlsberg Group and Diageo are some of the key players operating in the beer industry in Europe.

The report has been segmented by product type and geography and it includes drivers, restraints and opportunities (DRO’s), Porters Five Forces analysis, Value Chain analysis of the beer market. The study highlights current market trends and provides forecasts from 2015 to 2021. Average selling prices (ASP) across all beer types are covered within the scope of research. We have featured the current market scenario for the Europe beer market and identified future trends that will impact demand for beer during the forecast period.

By product, the market has been segmented into Ale beer, Lager beer and Stout beer. By country, the market has been segmented into the EU5 (Germany, U.K., Italy, Spain and France) and rest of Europe. The report provides the current market size and anticipates its status over the forecast period. In addition, the report also provides the market size in terms of volume consumption in billion liters.

The report also analyzes factors driving and inhibiting growth in the beer market. Porter’s Five Forces analysis offers insights into the market competition across its value chain. The report will help manufacturers, suppliers, and distributors to understand the present and future trends in this market and formulate strategies accordingly.

The report segments the Europe beer market as:

Europe Beer Market by Product type:

Ale beer

Lager beer

Stout beer

Europe Beer Market by Country:

Germany

U.K.

Italy

Spain

France

Rest of Europe

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability,

Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Food Service Equipment Market to Witness Fastest Growth in Asia Pacific: Transparency Market Research

Transparency Market Research announces the release of a report titled “Food Service Equipment Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to the report, the global food service equipment market was worth US$35 billion in 2013 and, registering a CAGR of 4.5% from 2014 to 2020, is projected to be worth US$47.95 billion by 2020.

“Food Service Equipment Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

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The research report examines the food service equipment market on three criteria: product type, washware equipment, and geography. By product type, the food service equipment market can be segmented into storage, food holding and serving, warewashing, refrigeration, kitchen purposes, and others. Among these, kitchen purposes dominated the segment in 2013, followed by refrigeration. By washware equipment, the food service equipment market is classified into utensil washer, disposers, dishwasher, booster heater, and others. Of these, dishwashers held 36.27% share of the washware segment in 2013.

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Geographically, the food service equipment market is divided into North America, Europe, Asia-Pacific, and RoW, with North America emerging as the leader of the global market in 2013. While Europe follows after North America, Asia-Pacific is estimated to be the fastest-growing regional segment of the food service equipment market. The overall market is expected to witness moderate growth owing to emerging economies such as India, China, Malaysia, Singapore, and Australia.

Press Release: http://www.transparencymarketresearch.com/pressrelease/food-service-equipment.htm

The global food service equipment market is highly competitive and the presence of a large number of players makes it consolidated in nature. The leading participants of the global food service equipment market are Libbey Inc., Vollrath Co., Dispensing Dynamics International Inc., Hobart Corporation, Ali Group, Electrolux AB, Duke Manufacturing Co. Inc., Meiko, Cambro Manufacturing Company, Inc., Rational AG, Alto Shaam Inc., Middleby Corporation, Tupperware Brands Corporation, Manitowoc Company Inc., Dover Corporation, Hoshizaki Electric Co., Ltd., and Fujimak Corporation.

Article: http://www.transparencymarketresearch.com/article/food-service-equipment.htm

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Pet Food Market - Middle East And Latin America Industry Analysis, Trend, Size, Share and Forecast 2014 – 2020

The pet food market of Middle East and Latin America is expected to experience a stable growth from 2014 to 2020. The pet food market report is segmented on the basis of pet type, food type and by geography. The various category of food type includes dry food, wet/ canned food, snacks/ treats, nutritious and others including semi dry food and frozen food. By country, the pet food market of Middle East is segmented by country into Israel, UAE and others. The Latin America pet food market is segmented by country into Brazil, Argentina, and others consisting of Chile and Venezuela.

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The pet food market of Middle East and Latin America is primarily driven by growing awareness of pet owner’s regarding pet health, thus increasing the demand for packaged and branded food. In addition, demand for pets for companionship and for security reason is rising due to the growing trend towards nuclear family. This, in turn, has significantly boosted demand for pet food in these regions.

However, the rising incident of pets being allergic and strict government regulations acts as the restraining factors for the growth of pet food market. In addition, the increasing expense of feeding pets and cultural/Islamic regulations also hinders the growth of pet food market.

The study highlights current market trends and provides the forecast from 2014 to 2020. We have The pet food market of Middle East and Latin America is expected to experience a stable growth from 2014 to 2020. The pet food market report is segmented on the basis of pet type, food type and by geography. The various category of food type includes dry food, wet/ canned food, snacks/ treats, nutritious and others including semi dry food and frozen food. By country, the pet food market of Middle East is segmented by country into Israel, UAE and others. The Latin America pet food market is segmented by country into Brazil, Argentina, and others consisting of Chile and Venezuela.

The pet food market of Middle East and Latin America is primarily driven by growing awareness of pet owner’s regarding pet health, thus increasing the demand for packaged and branded food. In addition, demand for pets for companionship and for security reason is rising due to the growing trend towards nuclear family. This, in turn, has significantly boosted demand for pet food in these regions.

However, the rising incident of pets being allergic and strict government regulations acts as the restraining factors for the growth of pet food market. In addition, the increasing expense of feeding also covered the current market scenario for pet food market and highlighted future trends that will have an impact on demand. The present market size and forecast until 2020 has been provided in the report. The micro economic factor affecting the demand and growth of the market has also been provided in the report.

The pet food market in the Middle East is expected to experience stable growth during the forecast period. Demand for pets for companionship is rising due to the growing trend towards nuclear family. This, in turn, has significantly boosted demand for pet food in the region. Furthermore, increasing awareness among people regarding the health of pets is anticipated to fuel demand for pet food in Middle East and Latin America. In Latin America, the major factor fuelling the demand of pet food is rapid urbanization. Urbanization is associated with busy work schedule leading to increasing adoption of pets.

In both Middle East and Latin America, dry pet food held the maximum share in the pet food market among the different food types because of its ease of handling and less cost. Moreover, it is easier to feed pets with dry pet food. Among the pet types, the dog food held the major share. The trend shows that dogs are much more preferred than other pets as it can be used to release stress and for security purposes also. This factor is fuelling the demand for dog food in this region. However, in both Middle East and Latin America the nutritious pet food is the fastest growing segment. As people are getting more attached towards pet they are becoming very much cautious about their pet’s nutrition. Owners endeavor to provide nutritious food to pets is the factor responsible for the growth of the nutritious pet food market.

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The conclusive analysis of the Middle East and Latin America Pet food market and the forecasted market growth for the period 2014 to 2020 is provided in this report. The report provides in depth study of different market segments and detailed analysis of the pet food market in all possible way across different segments based on food type, pet type and by geography.

Overall, the report takes into account a complete analysis of Middle East and Latin America pet food market and provides a predicted growth for the period 2014 to 2020, taking into account the various macro and micro economic factors affecting the market.

The pet food market is segmented into:

Pet Food Market, by Pet Type

Dog Food

Cat Food

Others

Pet Food Market, by Pet Food Type

Dry Food

Wet/Canned Food

Nutritious

Snacks/ Treats

Others

Pet Food Market, by Geography:

Middle East

Israel

UAE

Others

Latin America

Brazil

Argentina

Others

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Pet Food Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

This market research study analyzes the Pet Food Market in Asia Pacific and provides estimates in terms of revenue (USD million) from 2014 to 2020 as well as volume in terms of kg million from 2014 to 2020. It recognizes the current market trends affecting the pet food market and analyzes their impact over the forecast period. Moreover, it also analyses the Average Selling Price (ASP) in various product segments across various countries.

The pet food market in terms of pet type has been segmented into dog food, cat food and others. The others segment includes bird food, reptile food, fish food and other small animals among others. In terms of food type the pet food market in Asia Pacific has been segmented into dry food, wet food/ canned food, nutritious food, snacks/treats and others. The others segment includes raw meat and other household products. The dog food segment held the largest market share in pet food market in Asia Pacific. Increasing population of dogs as pets and increasing trend of nuclear family are the major factors fueling the demand for dog food in Asia Pacific.

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However, the others segment including reptile food, bird food and fish food among others is the fastest growing market for pet food in Asia Pacific. The dry food segment held the largest market share in pet food market owing to ease of handling and lower prices compared to other segments. However, the nutritious food segment is the fastest growing segment for pet food in Asia Pacific. Increasing awareness about pet health is one of the major factors fueling the demand for pet food in nutritious food segment.

The Asia Pacific pet food market has been further segmented by country into China, Japan, Australia, South Korea, India and rest of Asia Pacific. Japan is one of the major countries fueling the demand for pet food in Asia Pacific. Increasing trend of nuclear family and small dwelling places are the major factors fueling the demand for pet food in Japan. However, in recent times the demand for small pets has increased considerably. However, the pet food market in Japan is expected to have stable growth in the forecast period. However, India and China are some of the major markets for pet food in Asia Pacific. India with increasing trend for nuclear family and awareness about pet health is fueling the demand for pet food in India.

However, China is also having huge potential for pet food. China is having one of the largest pet populations globally. Increasing disposable income is also boosting the demand for pet food in China. Dog food held the largest market share for pet food in China followed by cat food in 2013. By food type, the dry food segment held the largest market share in pet food in China. However, nutritious pet food is the fastest growing segment owing to increasing awareness about pet health in China.

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The report also analyzes macro economic factors influencing and inhibiting the growth of pet food market in Asia Pacific. In addition, the report also provides Average Selling Price (ASP) across all the product segments in countries analyzed in the course of research. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

This report provides strategic analysis of the Asia Pacific pet food market and the growth forecast for the period 2014 to 2020. The span of the report includes competitive analysis of various market segments based on the pet type, food type and in-depth cross sectional analysis of the pet food market across different countries.

In the report, the market has been segmented by food type, pet type and by country. The study highlights current market trends and provides the forecast from 2014 to 2020. We have also covered the current market scenario for the pet food market and highlighted future trends that will affect demand. By country, the market has been segmented into China, Japan, Australia, India and rest of Asia Pacific. The present market size and forecast until 2020 have been provided in the report. In addition, the report also provides brand share of the major brands in the countries covered within the scope of research.

The report segments the Asia Pacific Pet Food Market as:

Asia Pacific Pet Food Market: By Country

China

Japan

Australia

South Korea

India

Rest of Asia Pacific

The report provides a cross-sectional analysis of all the below segments with respect to the above mentioned countries.

Asia Pacific Pet Food Market: By Pet Type

Dog Food

Cat Food

Others

Asia Pacific Pet Food Market: By Food Type

Dry Food

Wet Food/ Canned Food

Nutritious Food

Snacks/Treats

Others

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of

Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability,

 Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Asia Pacific to Emerge as One of the Most Lucrative Markets for Soup by 2020:Transparency Market Research

The soup market in Asia Pacific is dynamic and diverse. Over the past couple of years, the region has been experiencing a steady rise in soup consumption. Growing urbanization has prompted people to develop a liking for healthier and more convenient options of food. Despite having an already established popular perception as a healthy food, leading soup manufacturers in the Asia Pacific region are eyeing to capitalize on its health image so that they can boast more value-added claims. Significant steps taken by the industry over the last couple of years to delight its consumers with a multiplicity of choice in terms of packaging and flavor have paved the way for soup manufacturing companies to churn better revenues and expand their markets.

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Presently, the Asia Pacific soups market is valued at US$2025.5 million as per market reports for 2014, and is expected to reach US$2766.6 million by the end of 2020. This translates into expected growth at a CAGR of 5.3% from 2014 to 2020. Countries like China and India provide a fertile landscape for the soup market to thrive on and the leading brands across the region are looking to capitalize on such opportunities in order to pocket the major share of the market.

Canned and Dried Soups Emerge as Popular Types of Soup

The market for soup in Asia Pacific is broadly classified on the basis of the types of soups available across the region. Canned soups, dried soups, chilled soups, UHT soups, and frozen soups are the segments on the basis of which the market is classified. Among the different types of soups available in the region, canned soups and dried soups are the most popular. The demand for dried soup is exceptionally high in India. Consumers from China on the other hand have shown preference for both dried and canned soups.

Consumers in Asia Pacific show a strong preference for each of the five different types of soups. This has encouraged food manufacturers to launch a variety of soups to help consumers cut down on cooking time without compromising their dining experience.

Asia Pacific Provides a Lucrative Market for Soup Manufacturers

The unique commercial landscape of Asia Pacific provides unrivaled opportunities for the soup industry to benefit from. Much like the cultural diversity showcased by the region, there is an attractive spectrum of sale prospects that Asia Pacific offers to the industries operating therein. For an industry to dominate the distinct markets of the region, it should tap into the pulse of the respective consumer demography. On the basis of growing demand for soup as an alternative food option, the region of Asia Pacific can be classified into China, India, Australia, Thailand, Malaysia, Hong Kong, Japan, Singapore, New Zealand, and the Philippines.

Increased Urbanization and Surge in Disposable Income to Boost Demand for Soup in Asia Pacific

The growing demand for soup in Asia Pacific as an alternative healthy option is increasingly aided by factors such as changing food habits and lifestyle preferences. Surge in disposable incomes and hectic daily schedules of a majority of the population coupled with increased urbanization have given a significant boost to the demand for soup in the region. Given the scarcity of leisure time, only a handful of the population will be keen to spend more time in their kitchens. Soups provide them with healthier and more convenient option of food without compromising on the taste. This has contributed to the increased demand for the same in the region.

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Distribution Network for Soups in Asia Pacific

Soups in Asia are made available to consumers through a variety of channels. The distribution network of soups in the region is aided by channels such as supermarkets and hypermarkets, cash and carries, convenience stores, local retail shops, foods and drinks specialists, and many more. Among these, supermarkets and hypermarkets are expected to emerge as the most preferred channel in the distribution network by the end of 2020.

Growth Opportunities for the Leading Market Players

The market for soup in Asia Pacific is mainly dominated by leading brands like Unilever, Maggi and Campbell’s. The demand for soups manufactured by these companies is expected to grow in the next five to six years, given its high quality and pocket-friendly prices.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of

Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability,

Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Condiments Sauces - A Significant Part of Everyday Diet in Asia Pacific:Transparency Market Research

In countries across the globe, especially Asia Pacific, ketchup is not the king of condiment sauces. Instead, a wide variety of condiments sauces are used almost on a daily basis across countries such as India, Japan, Australia, South Korea, China, Hong Kong, Singapore, Malaysia, Indonesia, New Zealand, Philippines, and Thailand. Each of these countries, and often even towns and cities within them, have their own ways of adding flavor to their food.In countries from North America, condiments sauces are not only minimally used but are also minimal in variety; ketchup, mayonnaise, steak, and mustard sauce are the most prominently used sauces in this region. However, in Asia Pacific condiment sauces market are not only in plentiful but also considered central to the overall value of the meal.Transparency Market Research, a U.S.-based market research firm, states that the market for condiments sauces had a net worth of US$6,137.01 million in 2014. The market is projected to grow at a CAGR of 5.85% between 2014 and 2020 and reach US$8,629.7 million by 2020.

Browse Full Asia Pacific Condiments Sauces Market Report With Complete TOC @ http://www.transparencymarketresearch.com/asia-pacific-condiments-sauces-market.html

What is Driving the Market?

Condiments sauces are worthy of making any bland food item flavorful and spicy. These sauces can be used either in cooked food or as table dips or both. The increasing demand for condiments sauces in Asia Pacific can be largely attributed to the busy lifestyles and rising urbanization in the emerging countries of these regions. An increased preference for fast food, which has condiments sauces as an important ingredient, is also a key driving factor behind an increased demand for condiments spices in these regions.

The demand for different kinds of sauces observes diversified trends across various countries of Asia Pacific. Most countries in these regions have widely different eating patterns. While soy sauce is heavily used in the national cuisines of China, Korea, and Japan, national condiments sauces are in heavy demand in New Zealand. Tomato ketchup is the prime utility condiments sauce in India, Hong Kong, Australia, Indonesia, Malaysia, Philippines, Thailand, and Singapore.

Country-Wise Consumption Patterns

In Asia Pacific, China and Japan are considered mature markets, while countries such as Australia, India, New Zealand, South Korea, Hong Kong, and Indonesia present many untapped growth opportunities.Demand for condiments sauces in China and Japan is projected to increase further in the coming years due to the rising number of fast food restaurants in these countries. Demand for soy sauce will account for a major share of all the varieties of condiments sauces consumed by these countries.

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China, the country with the world’s largest population base, is also very popular for its cuisine. Chinese cuisine heavily relies upon a number of condiments sauces, especially soy sauce. High demand for sauces led China to the topmost position of condiments sauce consumers in Asia Pacific in 2014. Demand for a variety of other popular condiments sauces such as ketchup, mustard sauce, mayonnaise, steak sauce, the sauces mostly staple to American diet, is also positively increasing in other prominent markets of the Asia-Pacific condiments sauces market.The market is projected to earn a major share of its revenue from sales in China and Japan alone in the coming years. Other Asia Pacific countries, including India, Australia, New Zealand, South Korea, Hong Kong, and Indonesia will grow at a relatively lower, but positive growth rate over the next few years. The Asia-Pacific market for condiments sauces, in developed nations, especially, is expected embark upon a stable growth path over the next few years.

In Asia Pacific, distribution channels such as dollar stores, warehouse clubs, general merchandise, and variety stores are the most preferred outlets for condiments sauces. While these distribution channels will continue to dominate the distribution share of condiments sauces over the next few years, supermarkets/hypermarkets will gain a larger share of overall demand in the coming years.

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Global Yeast Extracts and Yeast Beta Glucan Market Fueled by Baking and Brewing Industries

In the next six years the global yeast extracts and yeast beta glucan market is expected to grow at a rapid pace. This market will be largely driven by a huge demand for processed food in a world experiencing rapid urbanization, increasing usage of cellulosic bio-fuels, and awareness about the benefits of probiotic functional food. The growing number of women workers is also driving the global yeast extracts and yeast beta glucan market in indirect ways. As women take up jobs beyond the roles of homemaking, it is compromising the dedication required to prepare elaborate meals. This in turn in driving the packaged food industry, which depends on the global yeast extracts and yeast beta glucan market. Yeast extract is a type of water-soluble and complex form of yeast that is used to prepare several snacks, soups, and sauces.

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Baking and Brewing Industries Drive Global Yeast Extracts and Yeast Beta Glucans Market

The application of yeast extracts and yeast beta glucans is seen in both commercial and industrial segments. Yeast extracts play the vital role of flavoring ingredients in the baking and brewing industries. They are also used as natural catalysts in several fermentation processes done on a large scale while manufacturing industrial ethanol.

One of the primary growth drivers for yeast extract is declining crude oil resources, a fact that is pressuring governments and private organizations to develop alternative and sustainable solutions to petrol and diesel. As a solution to the impending energy crisis, cellulosic biodiesel, which uses yeast extract, is being extensively developed and used. This has also augmented the market for yeast extract.

Yeast Extract Segment to Dominate Global Yeast Extract and Yeast Beta Glucan Market

The global yeast extract and yeast beta glucan market is segmented into the two eponymous products, yeast extract and yeast beta glucan. Yeast extracts are widely used in the processed food industry for various purposes. Their usage has grown tremendously in the last decade as consumption of packaged food has increased by leaps and bounds. Additionally, yeast extracts are also excellent substitutes for salt in several food products as they contain glutamic acid. Owing to these reasons, the yeast extracts segment dominated the global yeast extract and yeast beta glucan market in 2012. The market value of both the segments put together was estimated at US$550 million in 2012.

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Europe Leads Global Yeast Extract and Yeast Beta Glucan Market

The geographical segmentation of the global yeast extract and yeast beta glucan market is inclusive of North America, Europe, Asia Pacific, and Rest of the World. Out of these regions, Europe held the lion’s share of 37% in 2012, in terms of revenue. The factors supporting this stupendous business growth in the global yeast extract and yeast beta glucan market were high demand for yeast extract from the baking and brewing industry.

The market’s growth in European nations will face a tough competition from the Asia Pacific region as the demand for yeast extract and yeast beta glucan is projected to rise tremendously due to the growing popularity of packaged food. Rising disposable incomes in the Asia Pacific region, changing lifestyles, innovative product development, and increasing awareness about probiotic functional foods are the factors driving the yeast extract and yeast beta glucan market in this region. North America is also one of the promising regions for the growth of the yeast extract and yeast beta glucan market in the coming six years.

Some of the key players dominating the global yeast extract and yeast beta glucan market are DSM N.V., Associated British Foods, Specialty Biotech Co. Ltd, Lallemand Inc., Biotec Pharmacon ASA, LuraLean, Lyfe, Maxarome, Multirome, and Gistex.

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Chocolate Market in Asia Pacific to Thrive due to Huge Consumer Base with Rising Disposable Income

The demand for chocolate is expected to rise by at least 20% in the Asia Pacific this year as consumer demographics are predominantly ruled by a young population. The chocolate market in Asia Pacific will be spurred by the growing confectionary industry and increasing number of drinks being added to the existing array. The chocolate, devoured and desired by many, originated from the cocoa tree in South and Central America. It was primarily cultivated around the equator and is found in regions such as Africa, Caribbean, Southeast Asia, and also in the South Islands of New Guinea and Samoa. The use of cocoa beans for eating or drinking can be traced back to the Mayans in 500 A.D. These drinks were later developed by the Aztec civilization in Central and South America. The cocoa drink was initially a bitter one, as sugar was unknown to the Aztecs. The drink was flavored with chili pepper, vanilla, and other such essences. The rest of the world owes the pleasure of indulging in scintillating chocolate to Christopher Columbus.



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Ever since the European explorer brought back some of the cocoa tree seeds to Spain, the cocoa extract churned several food items that are an integral part of our diet today. A favorite snack for young and the old, the chocolate market has a treat for everyone.



The Asia Pacific chocolate market is segmented by product type and countries. The product segment includes boxed chocolates, countline chocolates, straightline chocolates, molded bars, novelties, and other chocolates. The countries contributing to the Asia Pacific Chocolate Market are Australia, China, New Zealand, Malaysia, Japan, India, Singapore, South Korea, and Rest of the Asia Pacific region, which includes numerous Southeast Asian countries such as Indonesia, Thailand, and the Philippines.



The unprecedented growth of the chocolate market in the Asia Pacific region is attributable mainly to the changing lifestyle of the region’s population, rising disposable incomes, changing preferences of taste, powerful use of advertising media, and adaption of Western eating habits. Out of all the segments, the molded bars segment will scale new heights due to its easy availability across every kind of sales channel. The unquestionable penetration of molded bars in the Asia Pacific market is expected to become its major driving force in the coming few years.
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The only factor detrimental to the growth of this segment is the growing health awareness amongst consumers. However, several manufacturers are looking at making and marketing sugar-free chocolates that have a lower fat content and can be consumed by diabetic as well as weight-conscious consumers. The dark chocolate variety is gaining a massive momentum due to its several health benefits such as the ability to lower blood pressure and cholesterol.



To maintain the quality of the chocolate, its taste, and the overall brand value, chocolate manufacturers insist on serious checking of raw materials of cocoa. The slightest change in the quality of the cocoa has a direct impact on the quality of the final output. Therefore, manufacturers have to go through a detailed quality check of not just cocoa but also other ingredients such as sugar, milk, dry fruits, and nuts.



In the present economy, manufacturers are facing a huge challenge of rising cocoa prices, fluctuating prices of dry fruits and nuts, skyrocketing prices of milk, and the terrible effects of sugar on health. The unstable supply of cocoa is complicating the problem further for the manufacturers. To overcome this issue, chocolate manufacturers are looking at ways to enter into long-term business partnerships with cocoa suppliers. This way they will be able to manage the pressure of fluctuating prices of the expensive raw materials.



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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.




Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Canada and the U.S. Lead the Milk Market in North America

If there is one aspect of daily diet that is universal, it has to be milk. No matter where you live or which language you speak, milk forms an irreplaceable part of one’s diet due to the high nutritional value and health benefits it offers. In recent years, North America has emerged as a flourishing market for milk and dairy products. Factors such as growing health concerns, shift in lifestyle preferences, and growing inclination towards healthier food habits have fuelled the demand for milk and dairy products in the region. In fact, reports indicate steadily rising market share of private labels across Canada and Mexico owing to high quality and low price of milk available in the region. The market for milk in North America is expected to reach US$35.8 billion by the end of 2019 at a CAGR of 3.5%. In terms of volume, the consumption of milk in North America is anticipated to grow from 17.96 billion kgin 2013 to 21.05 billion kg in 2019 at a CAGR of 2.13%.

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Canada and the U.S. Lead the Milk Market in North America

The milk market in North America is highly fragmented and competitive by nature. This has led to greater product innovation and availability of milk in different forms such as buttermilk, flavored milk, powder milk, and liquid milk, which has further contributed to the growth in demand for milk in the region. Given theavailability of different types of dairy products in the region and the increasing influx of immigrants and their families in countries such as the United States and Canada,the demand for milk and other dairy products will substantially increase.

The milk market in North America has been country-wise segmented into the United States, Mexico, and Canada. The market share for private labels is rising steadily in Canada and Mexico due to the ongoing competition among milk processors. The intensity of prevailing competition is further aggravated by the availability of high quality milk at pocket-friendly prices. It has been observed that consumers across North America are more inclined towards private label brands compared to national brands for milk owing to their cost-effectiveness. This trend has resulted in a sizeable increase in market share for private labelsin the United States over the last couple of years.

In the United States the demand for dairy alternative beverages are quite high, while in Mexico and Canada animal milk is preferred over plant milk at any given point.

Change in Consumer Preference to Buoy Demand for Milk in North America

There are many factors contributing to the steady growth of the milk market in North America.Firstly, the market for milk in North America is supported by a strong network of distribution channels that ensures easy availability of milk across retail outlets. Moreover, consumers in the region are becoming increasingly conscious about the nutritional value of the food they consume. This has significantly contributed to the rise in demand for milk and dairy products because they are preferred sources of nutrients especially calcium. According to industry sources, change in eating habits among consumers in North America is expected to buoy the demand for milk in the region.

North America Milk Market Needs to Contend With Substitutes Such as Soy and Almond Milk

It is important to note here that in spite of such flourishing opportunities, the market for milk in North America is not free from its share of restraints. Factors such as short shelf-life of milk and availability of close substitutes such as soy and almond milk often appear as bottlenecks hindering the growth of the market. However, growing demand for milk as a daily nutrient requirement to avoid health deficiency of any kind is expected to create significant opportunities for the market to thrive in North America.

Private Labels Hold Prominent Share of the Market

In the United States, the Dairy Farmers of America was reported to have the maximum share of market in 2013 compared to private labels in the region. The milk market in Canada was dominated by private labels such as Neilson, Parmalat, and Dairy Land in the same year. GrupoLala on the other hand, registered the maximum share of market in Mexico in 2013.

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Aspartame Dominates Global Low-calorie Food Market but Sucralose is Gaining Market Share

The low-calorie food market has registered exponential growth over the last couple of years owing to the change in lifestyle patterns and rising concerns of obesity and cardiovascular diseases at a young age.

People lead a very hectic life dominated by an endless list of daily errands in the present century. Unhealthy diet coupled with lack of proper exercise and addiction to cigarette and alcohol has further deteriorated the living conditionsof people across the globe. Consequent health concerns such as obesity, blood pressure, diabetes, and cardiovascular diseases have become very common in recent times, thereby driving people towards low-calorie food items.

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The present global health scenario is definitely depicting a shocking and an unpleasant picture. According to a recent report published by the World Health Organization (WHO), in 2010 there were more than 42 million children under the age of fiveglobally who were overweight. In fact more than 36.5% of the United States’ populationis obese. The United Kingdom has registered maximum cases of obesity among othercountries in Europe with 24.8% obese population, while Australia leads the region of Asia-Pacific with 28.3% obese population.

High rate of obesity among children as well as adults registered across the globe has surfaced as a major concern. This along with the rising number of diabetes cases has fuelled the demand for low-calorie food over the last couple of years. As noted by the WHO, 347 million cases of diabetes wereregistered worldwide in the year 2013. This shows that it is high time for people to start taking their health more seriously.

Aspartame Dominates Global Low-calorie Food Market but Sucralose is Gaining Market Share

A significant increase in demand for low-calorie food has been observed in regions such as Brazil, India, and China where a growing number of diabetes casesare registered every year. In terms of application, the global market for low-calorie food can be segmented into food, beverages, healthcare, tabletop, and others. Based on product segment, the market can be classified under Sucralose, Stevia, Aspartame, Cyclamate, and Saccharin – all artificial sweeteners. The growing demand for aspartame is dominating the global market for low-calorie food.

Sucralose is fast gainingpopularity among the health conscious populace worldwide. It is important to note here that the market for Aspartame, Sucralose, and Saccharin is facing a tough competition from Stevia that is growing in popularity as a 100% natural sweetener.

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United States to Remain Undisputed Leader in Low-Calorie Food Market

A shift in consumer preference in terms of food people eat has been noted in the past couple of years. The rising level of health concerns around the world has given a significant impetus to the demand for low-calorie food. The market for low-calorie food that was valued at US$7,418.6 million in 2013 is expected to be worth US$10,414.7 million by theend of 2019, registering a CAGR of 5.9% from 2014 to 2019. The United States will dominate the market for low-calorie food for the next few years. It will be closely followed by the European nations and developing countriesin Asia-Pacific during the same period.

Ageing Population and Higher Health Consciousness to Boost Low-Calorie Food Demand

The global market for low-calorie food is expected to experience an exponential rise in the next couple of years. Growth drivers that will significantly boost demand in the market include:

The increasing rate of obesity and diabetes among global population

People across the globe are becoming more aware in terms of health concerns and wellness. The increasing inclination of people towards a healthier lifestyle will positively impact the worldwide demand for low-calorie food.

Increasing ageing populace globally will also contribute to the growing demand for low-calorie food.

Low-Calorie Food Brands Need Innovative Strategies to Compete With Junk Food Labels

No market is free from bottlenecks, and the global low-calorie food market will have to face its share of market restraints as well. High rate of artificial sweetener consumption and discount strategies adopted by the junk food sector might hinder the growth of low-calorie food market. However, changing food patterns among children and adults alike will offer considerable opportunities for manufacturers in the global low-calorie food market to capitalize on.

Highly-competitive market scenario

Leading companies such as Nestle S.A., GroupeDanone, PepsiCo Inc., The Coca Cola Company, Bernard Food Industries Inc., Cargill Incorporated, Ajinomoto Co., and McNeil Nutritionals, LLC will continue to dominate the global low-calorie food market.

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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

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