Snus Market: Films and Wraps to Gain Maximum Revenue Share

As per the latest report by Fact.MR, the snus market is likely to experience strong growth. The market is estimated to reach US$ 1,408.4 million revenue by 2022 end. Due to the rising awareness of snus among people and being less harmful than a cigarette, there has been a growth in the adoption snus in various regions, especially in Sweden. Snus market players are focusing on educating people on snus in order to increase the number of end-users.

According to the report by Fact.MR, the global snus market is expected to witness robust growth. The market is projected to register 7.5% CAGR during the forecast period 2017-2022. Being a low-risk nicotine product, snus has contributed to the decline in smoking and smoking-related diseases. The nicotine content of snus varies among brands, however, manufacturers have started producing strong and extra strong varieties with increased nicotine content. Following insights show how the global snus market will perform in the next five years.

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Health-conscious people in various countries are shifting from smoking to using smokeless tobacco products. Meanwhile snus market players are focusing on providing new flavors. Snus market players are also opening stores that include world-famous snus products. Moreover, staff in stores are also being trained to increase awareness among customers on using snus instead of other tobacco products. Changing consumption trends, increasing sustainability in sourcing of raw tobacco and growing brand loyalty are key trends contributing to growth of the snus market. Sales of snus is still banned in some countries, however, proper regulations can result in the reduction of the harmful effect of tobacco. Meanwhile, tobacco-free snus is also one of the focus areas of players in the snus market . Instead of using tobacco, key snus market participants are using various other ingredients such as oat husk, coconut husk or tea leaves.

Original Regular Strength-Large Portion Snus- Top-Selling Product in Snus Market

Compared to the various types of products available in the snus market, original regular strength-large portion snus is likely to emerge as one of the top-selling products. By 2022 end, original regular strength-large portion snus is estimated to surpass US$ 500 million revenue.

Original Snus to be the Highly Preferred Flavor

Original snus is likely to gain close to two-fifth revenue share of the snus market by 2017 end. Original snus is estimated to bring in nearly US$ 600 million revenue towards 2022 end. Although Fruit flavor snus is also likely to experience strong growth throughout 2022.

Europe is expected to dominate the global snus market during 2017-2022. Europe snus market is projected to reach nearly US$ 600 million revenue by the end of 2022. Sweden represents the largest market for snus, followed by Denmark and Germany. Moreover, increasing number of people in Sweden consume snus. Hence, the snus market in Europe will witness significant growth.

North America is also expected to witness significant growth in the snus market. Owing to the less harmful effects than smoking, the consumption of snus is increasing in North America. Moreover, tobacco retailers in the North America have also started to stock Swedish snus, which was earlier available only through mail order in the region.

Original regular strength-large portion snus is expected to be the most preferred snus product. By the end of 2022, Original regular strength-large portion snus is projected to reach nearly US$ 600 million revenue.

 Films and Wraps to Gain Maximum Revenue Share  

Films and wraps are likely to emerge as the highly preferred packaging in the snus market. Experiencing strong growth throughout 2017-2022, films and wraps are estimated to surpass US$ 400 million revenue towards 2022 end. On the other hand, pouches as a packaging for suns is are also likely to witness significant growth in the snus market.

Competition Tracking

The report also profiles companies that are expected to remain active in the snus market through 2022, which include British American Tobacco p.l.c, Altria Group, Inc., Imperial Brands PLC, GN Tobacco Sweden AB, Swedish Match AB (publ), Hay Island Holding Corporation, Manikchand Group, Gotlands Snus Ab, DS Group, and Japan Tobacco Inc.

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Snacks Market: Budding Popularity of On-the-go Bars Delineate a Predominant Snacking Trend

Fact.MR compiled a report on snacks market for the forecast period of 2017 to 2022. The report portrays current and future scenario of the snacks market backed by meticulous historical and futuristic statistical data. With a motive to provide a balanced outlook of the snacks market, the report offers comprehensive and pre-requisite information of discrete segments of the snacks market to the clients for an in-depth and detailed understanding.

Snacks market will continue to witness an optimistic growth ahead, finds a new Fact.MR research study titled ‘Snacks Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2017 to 2022’. The research study projects that approximately xxx of snacks are likely to be sold by 2022 end, with snacks being perceived more than just a stop-gap food consumed between meals. The landscape of snacks market is foreseen to be undergo a sea change in the light of dynamic snacking preferences and high demand for ethically sourced grab-and-go foods. These insights are gleaned from a comprehensive report by Fact.MR, which sheds light on the long-term aspects of  snacks market over the forecast timespan. As per the report, the global snacks market is likely to expand at a moderate CAGR of 5.6% through 2022.

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The report highlights the proclivity of manufacturers to come up with new flavors and varieties by considering the sky high expectations of consumers. As per the report, the demand for snacks will be driven by uncompromising demands for both nutrition and indulgence, and products bridging the gap between these two aspects will be gaining momentum. The rising curiosity of consumers to understand the ingredient base of products has also been addressed by the report, which has led manufacturers to offer transparency of ingredients used.

Budding Popularity of On-the-go Bars Delineate a Predominant Snacking Trend

On-the-go snacking bars are gaining considerable popularity in the snacks market, permitting an influx of new as well as innovative ingredients and flavors. Snack bars steadily replacing complete meals have led the consumers clamor for products with rich and affluent nutritional profiles. With several trends such as non-genetically modified organism (GMO), clean label, low-sugar, gluten-free, and other health-based claims prevailing in the snacks market, manufacturers might have to consistently direct their efforts toward meeting these newfound health standards. Furthermore, evolving protein additives including whey and soy, lentil and many more are making a headway in the snacks market, which can be banked on by the manufacturers of snacks market for long-term gains.

Biscuits are anticipated to be have a promising revenue capture of around US$ 47,813 Mn in the global snacks market by 2022 end, according to the report. The demand for different product types is impacted by multiple factors, ranging from nutritional affluence to portability convenience. While fruit snacks remain the second most attractive product, bars are anticipated to witness monumental sales in the snacks market. The prosperity of bars in the landscape of snacks market can be attributed to the fact that snack bars are steadily replacing complete meals, primarily in fast-paced schedules of the working demographic. The study also recognizes several health-based claims such as gluten-free, non-genetically modified organism (GMO), clean label, and low-sugar to drive the demand for snack bars.a

Competitive Landscape

The competitive landscape of the snacks market features names of prominent manufacturers as per their market foothold, which include National Biscuit Industries LTD SAOG, Kellogs, Kraft Foods Group, INC., Nestle SA., Campbell Soup Company, ITC Limited, Mondelez International, INC., Lotus Bakeries NV, Britannia Industries Limited, and CALBEE, Inc.

Britannia Industries Limited, a leading player of the snacks market, unveiled its new logo and is on the process of launching around 50 new products to celebrate its centenary. Moreover, it has also established a successful partnership with Greece-based Chipita to launch its own new line of croissants.

Nestle S.A., a prominent player in the snacks market, is making sincere efforts to support healthier lifestyles through its products. The brand has made forward-looking commitments to curtail sodium, sugars, and saturated fats and include healthy ingredients like fiber-rich grains, vegetables, and micronutrients in their offerings.

Additional Questions Answered

Some of the key questions answered in the report for snacks market include-

• Which product is likely to flourish in terms of demand in the snacks market, biscuit, bars, or fruit snacks?


• Which distribution channel will gain momentum in the snacks market over the time?


• Which source type in the snacks market will occupy a large revenue chunk?

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Pork and Poultry Together Account for over 3/4th Share in Processed Meat Market

A recent market study published by Fact.MR – “Processed Meat Market Forecast, Trend Analysis, and Competition Tracking – Global Review 2018-2028” presents detailed analysis of the most important market dynamics of the processed meat market. The report analyzes unique and important factors that are instrumental in making a huge impact on the growth of the processed meat market during the forecast period. Based on a thorough market research on the historic and current growth parameters of the processed meat market, the most accurate and unique growth prospects of the processed meat market are found in the report. The report consists of detailed information about the future growth prospects of the processed meat market, which is presented in the most comprehensive way for the better understanding of readers. It can help market players to make appropriate changes in their important business strategies and ultimately, achieve positive growth in the processed meat market in the foreseeable future.

The processed meat market will envisage a moderate 2.2% volume y-o-y growth in 2018 over 2017, opines a recent market study published by Fact.MR. The study finds that steadily growing meat industry and increasing growth of the food processing industry is majorly contributing to the growth of the processed food market.

The report finds that despite their preference for fresh food products, consumers are looking for convenience as it is becoming challenging for them to prepare elaborative meals at home due to the fast-paced lifestyle the lead. Growing meat production, increasing demand for affordable animal protein, and preference for convenience is expected to provide an impetus to growth of the processed meat market. However, demand is likely to witness moderate growth, as growing vegan trend and growing colorectal cancer concerns stall consumption.

Leading Processed Meat Manufacturers Recall Their Products Due to Possible Foreign Matter Contamination

According to the recent announcements by the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS), leading manufacturers in the processed meat market had to recall their processed meat products over consumer safety concerns. For example, Tyson Foods Inc. – an American processed meat manufacturers and a multinational corporation – recalled 3,120 pounds of frozen breaded chicken products due to possible extraneous material contamination. Another American manufacturer of processed meat – Hormel Foods Corporation recently recalled 228,614 pounds of canned pork and other processed meat products including poultry meat due to possible foreign matter contamination. Cargill Meat Solutions also featured in the list of processed meat manufacturers having to recall their processed meat products, as the company recalled around 25,288 pounds of ground beef products over the possibility of E. coli contamination.

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Tyson Foods Inc., an American multinational corporation and a leading manufacturer of processed meat products, recently acquired six processing plants of Keystone Foods for US$ 2.16 billion in cash to expand its value-added protein capabilities. Keystone Foods is a leading supplier of processed meat products, such as port, beef, and chicken, and has a strong network of quick-service restaurant chains, as well as retail and convenience store channels, which will help Tyson Foods to gain momentum in the processed meat market.The company also announced thestart a US$ 300 million high-tech poultry meat processing plant in in western Tennessee to expand production of pre-packaged trays of fresh chicken to retail store chains in the region.

Segmentation

The information about the growth parameters of processed meat market presented in the Fact.MR report is broadly divided into six main segments – product type, form, nature, buyer type, sales channel, and geographical region.

Based on product types, the processed meat market is segmented into beef, pork, poultry meat, and sheep meat. According to the form of processed meat, the processed meat market is segmented into fresh or chilled processed meat, frozen processed meat, and shelf stable processed meat. Based on the nature of processed meat products, the processed meat market is classified into two main categories – organic processed meat and conventional processed meat.

Based on buyers’ types, the processed meat market is divided into food processors & manufacturers, HoReCa sector, and household & residential buyers. Depending on processed meat sales channels, the processed meat market is segmented into traditional grocery stores, supermarket/hypermarket, internet retailing, convenience store/forecourt retailers, and discounters.

Based on geographical regions, the processed meat market is segmented into North America, Latin America, Europe, the Commonwealth of Independent States (CIS) & Russia, Japan, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA).

Competitive Landscape

This section in the Fact.MR study aids readers to comprehend information about critical developments in the processed meat market along with insightful information about the growth of the leading processed meat manufacturers in the market. The report features a complete list of leading stakeholders in the processed meat market and provides useful information about recent developments in the winning strategies of leading players in the processed meat market.

Processed meat market players mentioned in the report are JBS SA, Tyson Foods, Inc., Harim Co Ltd., WH Group, Hormel Food Corporation, Cargill Meat Solutions Corp., BRF, Smithfield Foods, Inc., Danish Crown A/S, and Lotte Foods, Inc.

The information presented in the processed meat market report answered important market-related questions for readers, which can help them to make appropriate business decisions in the coming future. Some of the questions include

• Why consumers are willing to purchase conventional processed meat products over organic processed meat products?


• Why the processed meat market in developed economies growing faster than any other regions?


• How is the global meat market impacting developments in the processed meat market?


• Which category of buyers account for a major share in purchasing processed meat products?


• What strategies are processed meat market leaders adopting to gain momentum in emerging economies

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Demand from Animal Feed Industry Continues to Surge

Polysaccharides and oligosaccharides are complex form of carbohydrates. Typically, oligosaccharides include 3-10 molecules of monosaccharides. Polysaccharides are generally heterogeneous that are either water insoluble or amorphous. Oligosaccharides and polysaccharides are used in different applications across various end use industries. This report, published by Fact.MR, provides in-depth analysis of the global polysaccharides and oligosaccharides market for the forecast period 2017-2026, and offers key insights about future market direction. 

According to Fact.MR, the global market for polysaccharides and oligosaccharides is projected to expand at a CAGR of 4.2% with respect to volume, throughout the period of assessment, 2017-2026. Also, according to this fact based research report, the polysaccharides and oligosaccharides market is estimated to reach a valuation of above US$ 18 Bn by the end of the year of assessment, growing at a moderate rate during the said period.

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What are the Challenges Deterring the Growth of Polysaccharides and Oligosaccharides Market?

• Although the polysaccharides and oligosaccharides market is projected to witness a steady growth in the coming years, lack of understanding of biosynthesis of polysaccharides and their extraction processes for high functionality may pose as a potential threat to market growth.


• While polysaccharides and oligosaccharides additives are used as emulsifiers, gelling agents, and thickeners to create structure in food products, it is still a challenge to produce low calorie and low fat products. This may impede their adoption and eventually hamper the growth of polysaccharides and oligosaccharides market.

Asia Pacific Excluding Japan to Surpass Other Regions With Respect to Growth Rate and Market Share During the Forecast Period

Asia Pacific excluding Japan (APEJ) region is expected to be a highly lucrative region for the growth of polysaccharides and oligosaccharides market. The consumption of polysaccharides and oligosaccharides is expected to grow in this region owing to increased demand from the food sector in various applications. The polysaccharides and oligosaccharides market in APEJ is estimated to reach a valuation a little under US$ 9 Bn by the end of the year of assessment from a value of about US$ 5 Bn in 2017. The market in this region is projected to grow at the highest pace throughout the period of forecast to register a relatively high value CAGR.

Polysaccharides and Oligosaccharides Market – Key Insights

• Global polysaccharides and oligosaccharides market grew at a moderate CAGR of 3.4% during 2012-2016, owing to rising application in bakery & confectionery, functional beverages, infant formula, and animal feed products.


• In 2018, the global polysaccharides and oligosaccharides market surpassed a value of US$ 12.2 billion, and is expected to expand at a CAGR of 4.8% during the period between 2017 and 2026.


• Asia Pacific excluding Japan (APEJ) will continue to retain its leading position in the polysaccharides and oligosaccharide market. Expansion of food and agriculture industries in the region is expected to create opportunities for stakeholders.


• APEJ is also likely to be the most attractive region for polysaccharides and oligosaccharide market, growing at the highest CAGR of 5.7% during 2017-2026.

With respect to product type, polysaccharides segment is the largest and is valued to be around US$ 6 Bn in 2017 and is anticipated to expand to reach a high valuation by end of 2026. On the contrary, the oligosaccharides segment is projected to expand at a higher value CAGR during the assessment period.

With respect to application, polysaccharides and oligosaccharides are expected to witness increasing demand from the animal feed sector. Moreover, the infant formula segment is also projected to contribute significantly to the growth of the global market and is the second fastest growing segment. However, the beverages segment is expected to show higher market strength and valuation by the end of the year of assessment. the bakery and confectionery and savory and snacks segments are poised to grow at the same rate during the period of forecast.

Competition Tracking

Leading producers of polysaccharides and oligosaccharides have been profiled in this research report, that include companies like Novozyme, Takasago, Chr Hansen, Senseint, Wild Flavors, Symrise, Glanbia Ingredients, IFF, Tate & Lyle, Firemenich, McComick, ABF, DSM, Givuandan and Dupont. Details of these key players such as company overview, key financials, key personnel, expansion plans and geographical spread, product portfolio, developments and innovations and key strategies is covered in this research study.

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Palm Oil Market: Demand from Biofuel Sector to Prominently Impact Palm Oil Prices

Fact.MR has compiled a new report on the palm oil market and published a report titled, “Palm Oil Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”. The palm oil market report delivers a thorough analysis of the historical data, current market scenario and impacts of the regulatory framework that holds significant influence in transforming the palm oil market landscape.

Ongoing efforts to achieve complete transparency and sustainability in the palm oil supply chain is expected to prominently influence the growth of the palm oil market. According to the report published by Fact.MR, the palm oil market is projected to grow at a moderate pace while representing a CAGR of 3.9% during the forecast period 2017-2022. The report focuses on the palm oil market performance in the food and beverage sector which captures the major share among other end users such as biofuel and pharmaceutical. Demand for palm oil in the global food and beverage sector is expected to report over US$ 33 billion revenue generation by 2022 end.

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The growth of the palm oil market is dependent on several market sentiments and supply-demand factors.  High price volatility is likely to hit the palm oil market as palm oil captures the largest volume of vegetable oil traded across the globe and enforcement of new policies and regulation against the backdrop of growing awareness regarding irresponsible plantation practices. Palm planters are expected to be the most affected stakeholders as their profit margin is influenced by weakening export outlook and increasing minimum wage policies. These factors are pushing farmers to increase the cost of production, thereby impacting the overall palm oil market outlook.

Amidst Sustainability Challenges, Palm Oil is Here to Stay in the Food Service Industry

Palm oil with its largest share in the global vegetable oils market has become a vital ingredient in the foodservice sector. Although the total amount of palm oil used remains untraceable till date owing to the labelling of palm oil under vegetable oil category, demand for palm oil in the food industry owing to its high saturated fatty acid content remains indispensable. Despite the presence of palm oil alternatives, easy accessibility and affordable cost of palm oil make it the most preferable choice in the foodservice industry. However, growing demand for transparency in food labelling and ongoing efforts to establish a traceable and sustainable palm supply chain is anticipated to add complexity for foodservice manufacturers operating in the palm oil marketplace.

With the establishment of the North American Sustainable Palm Oil Network (NASPON) by RSPO members, the North America palm oil market is expected to surpass US$ 5.5 billion by the end of 2022. This growth can be attributed to stakeholders’ initiatives in delivering sustainable palm oil to

The competitive landscape section delivers a dashboard view of the key market players in the palm oil market. In addition, users of the report can get an insightful section to read about company profiles and their relative position in the global market landscape. Few of the key market players profiled in the palm oil market report include American Vegetable Oils, Cargill Inc., Grief Inc., Fuji Oil Holdings, Bunge Limited, Associated British Foods and Ruchi Soya Industries.

Manufacturers in the palm oil market are focusing on achieving sustainability statement by implementing innovative strategies to enhance transparency and traceability in the palm oil supply chain. For instance, Nestle has recently announced the implementation of a satellite-based service to monitor the company’s palm oil supply chain across the globe. BASF and Unilever have also initiated steps to achieve transparency in their palm oil supply chain and product offerings. However, increasing preference for close substitutes of palm oil such as soybean oil and rapeseed oil and their affordable cost can pose challenges to the growth of the palm oil market. In addition, the rising cost of production caused by sustainability factor and broadening supply-demand gap is expected to present challenges of low-profit margins in the palm oil market during the period of assessment.

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