Monday, February 18, 2019

Cheese Powder Market – Research, Revenue, Trends & Global Forecast, 2018-2026


Cheese powder is dehydrated cheese, which is manufactured and marketed in different types such as cheddar, parmesan, mozzarella, and others. The most common commercial procedure to prepare cheese powder includes melting of fresh cheese, followed by spraying it through a hot dryer to get thick powder. Cheese powder offers a unique combination of taste, flavor, functionality, and convenience in products such as sauces, dips and dressings, snacks, and ready-to-eat meals. Cheese powder is gaining popularity among consumers due to its longer shelf life and ease of handling and storage as compared to cheese.
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Key factors such as rapidly growing processed food industries and shifting consumer preference towards convenience food play major role in growth of global cheese powder market. However, strict and changing government regulations imposed on use of food ingredients is a key challenge for manufacturers, which is restraining growth of the global cheese powder market. For instance, 21CFR133.113 by Food and Drug Administration (FDA) on cheddar cheese and related products
Cheddar cheese product type segment was the largest segment in global cheese powder market in 2016 and the trend is expected to be continued over the forecast period. Increasing use of cheddar cheese powder over others in sauces, dips & dressing, bakery & snacks is fueling growth of this segment in global cheese powder market.
Sauces, dips and dressings segment accounted for highest market share in global cheese powder market, followed by bakery & snacks segment in 2016. Increasing demand for cheese powder in sauces, dips & dressing in order to get required flavor & appearance of the food is projected to retain dominance of this segment in the market during the forecast period.
Cheese Powder Market Outlook:
North America region accounted for largest market share in global cheese powder market in 2016. Owing to high presence of cheese powder manufacturers in the region along with the preference for eating convenience food, North America is projected to retain its dominance over the forecast period.
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Beer Market – Size, Share, Outlook, and Competitive Analysis, 2018–2026


Beer is the most widely consumed alcoholic drink across the world. This drink is generally brewed from cereal grains such as maize, rice, and wheat. Moreover, beer is brewed with hops that adds bitterness, stability, and flavor to the beer. Other flavoring agents such as herbs, fruits, and gruit can also be added instead of hops.
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The growth of this market is attributed to rise in consumer preference for beer over other alcoholic drinks. According to the World Health Organization (WHO), in 2016, beer accounted for around 36% of the total alcohol consumption. This is further attributed to high consumption of beer among young people. Therefore, major players are focusing on launching new products to meet the rising demand. For instance, in 2018, MillerCoors Company, introduced a new light beer line named Two Hats, which features the pineapple and lime flavors, targeting the young population.
However, high excise duties and taxations on imported and local beer are key factors restraining growth of the global beer market. For instance, for imported beer in Switzerland, an individual subjected to customs is liable to pay beer excise tax, which includes US$ 17.85 per hectoliter of light beer, US$ 26.78 per hectoliter of regular beer, and US$ 35.71 per hectoliter of strong beer. Moreover, rising health concerns among the populace is expected to further restrain the growth of global beer market.
Global Beer Market Outlook:
Asia Pacific region dominated the global beer market in 2016 and is expected to retain its dominance over the forecast period. This is due to the increase in expenditure and changing lifestyle of people in this region. India and China are projected to be the growth engines in the region. In 2017, B9 Beverages Pvt. Ltd. expanded its beer portfolio by launching two variants namely; Bira 91 Light and Bira 91 Strong in India. Bira 91 light, is one of the low calorie alcoholic beverage having calorie lower than a glass of breezer, cocktails or champagne. Bira 91 strong is a high intensity wheat beer having 7% alcohol, as large portion of beer sold in India is strong having more than 5% alcohol.
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Isoprene Monomer Market – Research, Trends & Competitive Analysis 2018 – 2025


Isoprene or 2-methylbuta-1, 3-diene is a colorless volatile liquid that is produced by plants and is employed in the manufacture of various copolymers such as styrene, isobutylene, butadiene, and others. Isoprene monomer is widely used in the production of synthetic rubber called as polyisoprene. It is also used in the manufacturing of conveyer belt, sponge, electric wire and cable, medical and sports equipment, and others, which is expected to drive market growth.
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Market Dynamics
Increasing demand for natural and synthetic rubber, owing to increasing automotive industry is driving growth of isoprene monomer market. According to the Association of Natural Rubber Producing Countries (ANRPC), the world consumption of natural rubber is 5.822 million tones, which increased by 6.2% during the period of January 2018 to May 2018.
Also, with increasing demand for personal vehicles and extensive economic growth, the tire and tire components industry is expected to emerge as the largest end-use industry for natural rubber in 2017, thereby fueling growth of isoprene monomer market. According to the International Organization of Motor Vehicle Manufacturers (OICA), the motor vehicle production in Europe was 21.49 billion in 2016, which increased up to 22.16 billion in 2017.
Market Trends
Among application, polyisoprene segment is expected to witness significant growth in the near future, owing to increasing demand for isoprene rubber in tire industry. According to People’s Government of Jilin Province, the growth rate of isoprene rubber was 3.1% during 2010-2015.
The adhesives and sealants end-use industry segment is expected to show significant growth in the global isoprene monomer market over the forecast period. This is attributed to surging demand for isoprene monomer in automobile and construction industry.
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Sunday, February 17, 2019

Magnetic Materials Market – Revenue, Trends, and Global Forecast, 2018 – 2025


Magnetic materials possess magnetic properties and have ability to produce the magnetization. They can be magnetized or naturally possess magnetic properties. According to ease of magnetization, magnetic materials are classified as hard, semi-hard, and soft magnets. Hard magnetic materials are suitable for permanent magnets while soft for temporary. Hard magnetic materials have wide range of applications from toys and refrigerator magnets to electromotors, loudspeakers, windshield wipers, locks, and microphones-and high-tech devices such as hard disk drives.
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In Medicine, they are used in body scanners and in a range of applications where they are attached to or implanted into the body. The home entertainment market depends on magnetic materials in applications such as CD players, PCs, televisions, games consoles, and loudspeakers. Large magnets are used in industry for moving heavy loads. Magnetic strips are used for labeling foods and medicines on shelving. In airports, docks and, construction sites, magnetic sweepers are used to picking up any scrap or waste that could potentially puncture tires or endanger traffic.
Market Dynamics
A major driver for growth of the global magnetic materials market is the growing automobile industry. The shift from the conventional fuel vehicles towards electric vehicles is a major factor fueling market growth. According to International Energy, over 750 thousand sales were registered for electric cars in 2016. Automotive manufacturers are shifting towards the magnetic motors system. For instance, Tesla uses the magnetic motor in its Model 3 Long Range car, which uses rare earth element neodymium.
Market Outlook
According to magnetic materials analysis, Asia Pacific held the dominant position in the market in 2017. The Asia Pacific is projected to maintain its dominance throughout the forecast period, owing to the expansion of the automobile industry in the region. Automobile production in economies such as China, India, Japan, and South Korea is continuously increasing. According to European Automobile Manufacturers Association 2014 report, Asia Pacific accounted for the largest share of 60% in passenger car production in 2013, with a major share of China.
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Friday, February 15, 2019

Milk Protein Concentrate Market – Revenue, Trends and Global Forecast, 2018 – 2025


Milk protein concentrate is a concentrated milk product that contains 40% to 85% milk protein. It is considered as a complete protein as it contains both casein and whey protein in a similar ratio. Moreover, low amount of lactose present in milk protein concentrate powder (80%-85%) makes it safe for consumption for lactose-intolerant people. Milk protein concentrates are usually manufactured by filtration processes such as ultrafiltration, microfiltration, and diafiltration. The membrane separation technology in the mentioned processes removes the majority of lactose and soluble minerals and retains the milk protein, which is then spray dried.

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Market Dynamics

Growing health awareness and increasing application of milk protein concentrates in food and beverage products such as cheese and yoghurt are the key factors driving growth of the milk protein concentrate market. Development of the emerging markets such as Brazil, Russia, India and China are likely to adopt higher protein diets. Milk protein concentrates are used in natural beverages, cultured products, and to fortify frozen desserts. Moreover, conventionally used meat protein can increase the risk of heart disease and stroke, which has led to high adoption of milk protein concentrate.

Market Outlook

Among product type, protein <70% segment accounted for the highest market share in 2017, owing to high availability and less cost of protein <70% compared to other higher milk protein concentrates.

Among type of applications, food and beverages segment held dominant position in the market in 2017. Milk protein concentrate are widely being used in food and beverages such as soup, protein bars, and nutrition beverages, owing to their solubility, emulsification, foaming, whipping, and water binding property. Furthermore, this segment is expected to be dominant in terms of revenue share over the forecast period.

Key players in The Global Milk Protein Concentrates Market

Key players operating in the global milk protein concentrates market include, Fonterra, Arla Foods, Erie Foods Inc., Theo Müller, Glanbia Nutritionals, Friesland Campina, Murray Goulburn Co-operative, Darigolds, Lactalis, and Idaho Milk.


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Sustainable Seafood Market – Size, Share, Outlook & Analysis, 2025


Global Sustainable Seafood Market - Insights

Sustainable seafood refers to marketing and distribution of seafood through aqua farming or through wild catch in ways that would not harm the long term sustainability of species while also securing the future of the marine ecosystem. The close connection between seafood industry and global sustainability has resulted in developing different sustainability principles to seek and maintain ecological practices in this industry.

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Owing to annual rate of catch being too high and overfished, it has been witnessed that several species are on the verge of extinction. According to a report released by the World Wildlife Fund (WWF), it was reported that global population of the Scombridae family of food fish that includes tuna, bonitos reduced by 74% in 2015. Similarly, according to the International Union for Conservation of Nature (IUCN), the Cassava croaker is estimated to decline by 30%-60% over the past several years affecting the marine ecosystem as well as impacting the local fisheries with the decline of local stocks.

Developed economies such as North America and Europe hold largest market share for sustainable seafood while emerging economies such as APAC are reported to be fastest growing region in the market, owing to increasing awareness regarding sustainable seafood.

However, lack of stringent government regulations regarding illegal fishing techniques in the emerging economies is restraining market growth. Furthermore, lack of awareness among the suppliers and the consumers and high price of certified sea food products is hampering growth of the market among the price sensitive consumers.


The U.S. holds dominant position in sustainable seafood market globally, owing to high sea food consumption in the country. According to the National Oceanic and Atmospheric Administration (NOAA), in 2016, the value of fish landings in the U.S accounted for US$ 5.3 billion, an increase of over 2.1% over the previous year. The same study also revealed that 92% of the processed fishery products is used for human consumption. Furthermore, stringent laws and regulations and high awareness among the suppliers and consumers is propelling demand for sustainable seafood in the region.

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Thursday, February 14, 2019

Refinery Catalyst Market – Industry Insights, Outlook and Global Forecast, 2018-2026



Catalysts work by enhancing the rate of chemical reactions and are the critical part of industrial processes to limit cost and save energy. Refinery Catalyst is a chemical process that converts the petroleum refinery products (low octane count) from the crude oil into (high-octane) liquid products such as diesel, gasoline, kerosene, etc. The end products of which are called as reformates. These reformates are chief sources of aromatic bulk chemicals such as benzene, toluene, xylene and valuable blending stock for gasoline. The increasing demand for transportation of fuels is anticipated to boost the consumption of refinery catalysts. Moreover, the increasing market demand for refined products has led refinery catalysts to witness a growing market pace.
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Fluid Catalytic Cracking (FCC) is one of the major secondary procedure used in petroleum refineries which converts the high molecular weight and high boiling fractions of petroleum crude oil into more valuable products such as olefin gases, gasoline, and others. Cracking of petroleum hydrocarbons was earlier done by thermal cracking, which is now completely replaced by catalytic cracking. Hence, making the hydrocracking segment of refinery catalysts market to grow at a high rate during the forecast period.
Zeolite ingredient segment is the largest market in the global refinery catalysts market, as it is the most widely used in the FCC process. Owing to its affordable cost coupled with beneficial properties has enhanced the growth of refinery catalyst in FCC process.
Furthermore, other metals such as platinum, tungsten, nickel, cobalt molybdenum and various other metals are usually used for hydrocracking and hydrotreating process to remove impurities and reduce the emission of harmful gases into the environment. As the demand for fuels containing less sulfur content increases, the demand for metals is witnessed to have significant growth during the forecast period.
Refinery Catalysts Market Outlook
Asia Pacific is the largest market for refinery catalysts. The countries such as China and India have the largest population which in turn has enabled burgeoning growth in Industrialization, Urbanization, and Construction activities. Thereby, driving the growth of refinery catalyst market in Asia Pacific at the fastest rate. The rapid expansion and industrialization of polymer manufacturing and refining companies in the Asia-Pacific region is also expected to increase growth of refinery catalysts in the region.
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