Fish Sauce Market Status & Revenue Forecast Recorded during Forecast Period 2017-2022

The fish sauce is a pungent condiment made using fermented fish and salt. The fermentation process takes place where the fishes are placed in a container with salt and are kept for several days and months to ferment. After this, the fermentation results in the light brown liquid. This fish sauce includes various nutrients and vitamins as it uses whole fish and is undiluted. Meanwhile, the chemically fermented fish sauce loses its nutritional value. Fish sauce is largely used as an ingredient in different cuisines to enhance the taste and is also consumed as a dip.

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To improve the flavor of the food, people are replacing soy sauce with fish sauce. Manufacturers are also making a fish sauce that leads to reduced sodium intake, thereby offering the healthy product. Moreover, shifting trend towards natural food products is also resulting in the growth of the customers opting for the quality product that has been made using the natural process of fermentation without adding any chemicals. Also, a fish sauce made using natural process last for a long time.

According to the latest report by Fact.MR, the global Fish Sauce Market is likely to experience steady growth. The market is projected to reach US$ 1,316.5 million revenue by 2022 end. Consumer demand for fish sauce will continue to grow due to the various health benefits offered by fish sauce and it also boosts the taste of the food. Increasing health-consciousness among the consumers, manufacturers are making a fish sauce by fermenting the fish using natural ingredients such as salt and water.

Plain Fish Sauce- Highly Preferred Flavor

Compared to the spiced fish sauce, the plain fish sauce is likely to gain maximum revenue share by 2017 end. The plain fish sauce is projected to exceed US$ 800 million revenue towards 2022 end. On the other hand, the spiced fish sauce is also likely to experience moderate growth throughout the forecast period.

Industrial Method to Gain Maximum Revenue Share

Industrial method is likely to be one of the most preferred methods for producing a fish sauce. Industrial method is projected to create more than US$ 200 million incremental opportunity during 2017-2022.

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Highest Distribution through Modern Trade Channel

Among various distribution channels in the global fish sauce market, modern trade is likely to be the biggest distribution channel during 2017-2022. By 2022 end, modern trade is projected to exceed US$ 400 million revenue.

Basic fish Sauce to Account for More Than Half of the Revenue Share

The basic fish sauce is projected to create more than US$ 100 million incremental opportunity between 2017 and 2022. Although the premium fish sauce is also likely to experience significant growth throughout the forecast period.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global fish sauce market through 2022, which include TANG SANG HAH CO., Ltd, Masan Consumer Corporation, Thai Preeda Group, Shantou Fish Sauce Factory Co., Ltd, Teo Tak Seng Fish-Sauce Factory Co. Ltd, Thai Fishsauce Factory (Squid Brand) Company Limited, Rayong Fish Sauce Industry Co., Ltd, Pichai Fish Sauce Co., Ltd, Halcyon Proteins Pty., Ltd, and Hung Thanh Co.LTD.

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Cocoa Market Register CAGR of 3.3% between 2017 and 2022 to reach value US$ 40,206.9 Mn

Fact.MR has collated a report on cocoa market forecast, trend analysis & competition tracking: global review 2018 to 2028. According to which the cocoa market is projected to witness impressive growth opportunities in the aftermath of the rising chocolate popularity and growing consumption of cocoa-based products. The new insightful report on the cocoa market sheds light on the influential market dynamics of the cocoa market that can transform the future growth trajectory of the cocoa market. The report includes key market insights that will enable prominent companies and emerging players associated with the processing or grinding of cocoa to identify potential avenues in the market.

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Steady Popularity of Chocolates to Bolster Cocoa Production

The retail shelves of chocolates are witnessing the presence of a wide range of chocolates such as milk chocolates, dark chocolates, drinking chocolate and other beverages. While portraying the ever-growing popularity of chocolates, extensive use of cocoa in the production of chocolates has proved beneficial for the growth of the cocoa market. The consumption trend of chocolate is directly connected to the rising discretionary income which enables consumers to purchase food items including chocolates that were previously categorized as luxury items. In addition, growing demand for chocolates in emerging economies presents lucrative opportunities for the cocoa market in the coming years.

As a Ubiquitous Flavor, Cocoa Market to Gain Ground in the Food and Beverage Industry

Humongous consumption and production of chocolates explain increasing appetite for cocoa, making cocoa the most widely consumed flavor in the food and beverage industry. Owing to the increasing popularity, manufacturing titans in the food and beverage sector are actively using fine or flavored cocoa in a variety of food products and traditional recipes to expand their consumer base. Demand for cocoa liquor has intensified dramatically in the food and beverage industry in the recent past against the backdrop of rising preference for cocoa flavor across the globe. An optimistic outlook for cocoa liquor demand in future is expected to bode well for the cocoa market.

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Cocoa Market to Dip Toes into New Ventures Following “Organic” and “Gluten-free” Consumer Trends

Rising incidences of lifestyle health diseases have prompted consumers to become health conscious and proactive in their purchase of food products. Demand for organic products is gaining traction with consumers seeking to avoid consumption of harmful chemicals. As the diagnosis of gluten sensitivity increases across the globe, gluten-free food products are highly sought after among not only sensitive consumers but health-conscious consumers as well. To aim the consumer base with such a high health consciousness, manufacturers in the cocoa market are focusing on delivering innovative and healthier cocoa products with lesser sugar content and as organic and gluten-free origin. Further, by manufacturing cocoa liquor products with the non-GMO material, the cocoa market is expected to attract health-conscious consumers. Amidst the rising incidences of consumers quitting chocolate consumption, as cocoa manufacturers dip their toes into novel production methods of organic and gluten-free products, cocoa market to witness an impressive growth trajectory during the review period.

Cocoa Market to Witness Challenges in Maintaining Sustainable Growth

Although the popularity of cocoa flavor and ingredients for the preparation of majority of the food and beverage products is persistently rising, the global cocoa industry seeks additional investments to maintain a sustainable growth in the foreseeable future. As manufacturers make additional expenses to receive certification of approval to distribute their cocoa products in the market, prices of cocoa in the global market has witnessed a significant rise. Rising prices of cocoa have added economic uncertainties in the international cocoa market, in turn, creating challenges for the growth of the cocoa market in the coming decade. In addition, dwindling agricultural production conditions in leading cocoa producing regions are threatening the persistent growth of the cocoa production during the estimated future. However, initiatives by major standard bodies to improve quality as well as the quantity of cocoa can be promising for the future growth of the cocoa market.

Competition Landscape

The cocoa market is expected to observe an intense competitive scenario among existing as well as emerging market players. Key market players operating in the cocoa market include Cargill, Inc, Olam International Ltd, Barry Callebaut AG, Guan Chong Cocoa Manufacturers Sdn., Natra SA, Touton SA, BT COCOA, Dutch Cocoa BV, Blommer Chocolate Company, JB Foods, and Cemoi Chocolatier SA. To win over the competition, existing as well as emerging players are leveraging business strategies such as new product launches, collaborations and acquisitions to maintain their position in the global market space.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Galacto Oligosaccharide Market Booming 9.3% value CAGR During Forecast Period 2018-2028

Galacto oligosaccharide refers to a chain of Galactose apprehended to a glucose molecule in the end. Galacto oligosaccharide are primarily extracted from lactose from cow milk, beans and certain root vegetables. Galacto-oligosaccharides transfer undigested into the colon where they amplify the bowel mass and supplement growth of bacteria such as Bifidobacteria that are beneficial.

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This report provides prognosis and analysis of the global galacto oligosaccharide market. It offers historical data along with forecast data for 2028, both in terms of revenue (US$ Mn) and volume (MT). The report on galacto oligosaccharide market also entails macroeconomic indicators coupled with a broader outlook on galacto oligosaccharide market over the forecast timeline. It includes the drivers and restraints of the galacto oligosaccharide market and their relative impact, which is diversifying the galacto oligosaccharide market.

Use of Galacto Oligosaccharide in the Nutraceuticals Industry Gaining Strong Momentum

The demand for galacto oligosaccharide in nutraceuticals is likely to grow at a steady clip during the assessment period. The stability of galacto oligosaccharide in high temperatures and low pH applications makes it an ideal fit for neutraceutical products. Prominent nutritional supplement products such as Bimuno, which is meant for the well-being of gut health, contains galacto oligosaccharide in its ingredient profile., The composition for galacto oligosaccharide in neutraceutical products might vary according to the chain length and linkage type between the monomer units.

Broader Regulations Pertaining to Use of Prebiotic Ingredients Can Stymie Prospects of Galacto Oligosaccharide Companies

Strict regulations and legislations related to the use of prebiotic ingredient can be a key factor hampering use of galacto oligosaccharide. Any product before receiving the recognition as a prebiotic or probiotic, is consistently subjected to multiple validations and has to persistently prove its efficacy. It cannot be directly labeled as such, until and unless it is approved by the concerned agencies. Being operating in the food ingredient industry, galacto oligosaccharide is exposed to similar kind of legislations by various food regulation authorities such as FDA and food and agriculture organization. This might create hurdles for prosperity of galacto oligosaccharide, thereby impacting the galacto oligosaccharide market landscape.

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Liquid Galacto Oligosaccharide Continues to Outsell Powdered Variants; Latter Growing at Higher Rate

Galacto oligosaccharide products are available in both liquid and powder form. The liquid galacto oligosaccharide is foreseen to sustain its supremacy and is anticipated to hold around 59% of the global market share by 2028. The liquid galacto oligosaccharide finds extensive applications across food products such as beverages, fermented milk, & so on. The powder galacto oligosaccharide is expected to grow on a relentless rate with its use as an additive in infant formula and nutraceuticals

Segmentation

A comprehensive taxonomy of galacto oligosaccharide market has been included in the report to address the quantitative aspects of each segment of the galacto oligosaccharide market. The product types available in the galacto oligosaccharide market are liquid galacto oligosaccharide and powder galacto oligosaccharide. The primary function type of products in galacto oligosaccharide market include prebiotic and sweetener. The end use types included in the report on galacto oligosaccharide market are food and beverage, animal feeds, and pharmaceutical & personal care. The galacto oligosaccharide market has been closely analyzed across regions of North America, Latin America, Europe, Asia Pacific, Japan, and Middle East & Africa.

Competitive Landscape

The competitive dynamics included in the report on galacto oligosaccharide market offers a deep dive into the competitive intensity of the market. The galacto oligosaccharide market is characterized by the presence of a limited number of players holding substantial shares. Some of the key players operating in the galacto oligosaccharide market, who have been profiled in the report include Yakult Pharmaceuticals Pvt Ltd, Royal Friesland Campina N.V, Nissin Sugar Co., Ltd., Ingredion Incorporated, Kerry Inc., Quantum Hi-Tech (China) Biological Co., Ltd., Dairy Crest., Baolingbao Biology Co., Ltd., Samyang Corporation, New Francisco Biotech Company.

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Health Benefits of Full-Fat Dairy Products Impact Fat Replacers Growth, Study by Fact.MR

Fat replacers are ingredients used to replace fat in food products such as processed meats, frozen desserts, cheese, baked goods, salad dressings, and snack chips. Three types of fat replacers are used on a large scale including protein-based fat replacers, carbohydrate-based fat replacers, and lipid-based fat replacers.

The report on the fat replacer market provides key insights on the market. The latest report by Fact.MR on the fat replacer market also focuses on the factors influencing the market growth and challenges. The primary objective of the report is to offer information on the latest trends, drivers, opportunities and important numbers in form of value and volume. The report also includes data and information collected through secondary research.

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Higher Preference for Low-Fat Food Products among Consumers

Increasing incidence of obesity worldwide is resulting in consumers seeking low fat or fat-free foods & beverages products. Increasing number of food and beverages manufacturers are using protein-based, carbohydrate-based, and lipid-based fat replacers. However, as fat replacers alone cannot meet essential attributes, food product manufacturers are also providing a combination of reduced fat products and fat replacers.

Majority of the fat replacers in the fat replacer market are reformulations of previously used food ingredients. Moreover, manufacturers in the food replacer market are formulating a new variety of fat replacer ingredients by using advanced technologies.

Fat replacers are finding large application in the production of cookies, salad dressings, frozen desserts, low-fat cheese, chips, and ice-creams. Manufacturers are developing new products in fat-based fat replacers. These products are likely to use a combination of fat and oil and find large application in products including chips, baked goods, and snack foods. Majority of the new products with low-fat content made using fat replacers are awaiting approval by Food and Drug Administration.

Application of Fat Replacers in Dairy Products to Create Growth Opportunities

Increasing number of dairy product manufacturers are replacing expensive butterfat with vegetable fat owing to its cost-effectiveness and numerous health benefits. Manufacturers are focusing on improving structural quality and taste of fat replacers for use in dairy products. The increasing demand for fat-free dairy products offering flavor and taste similar to the traditional dairy products is resulting in new fat replacer development.

Production of the high quality of milk fat replacers made using specific vegetable fat blends is growing. These fat replacers used in a wide range of dairy products including cheese, butter, and whipping cream are extremely cost-effective, resulting in high adoption in developing regions.

Low-fat dairy beverages are also gaining traction across the globe with the introduction of new flavors and rise in health consciousness among consumers owing to increasing instances of obesity.

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Studies Claiming Health Benefits of Full-Fat Dairy Products to Impact Fat Replacers Growth

Various global studies have found that consuming full-fat dairy can lead to a lower rate of cardiovascular diseases compared to the consumption of low-fat dairy products. A recent study published in The Lancet found that people consuming three servings of whole fat dairy every day have a lower rate of cardiovascular disease.

Another study was undertaken by an international consortium established by researchers from North America, Europe, Asia, and Australia. The consortium examined the relationship of fatty acid biomarkers with diseases. In all the 16 studies, researchers found that a higher concentration of dairy-fat biomarkers associated with lower risk of developing type 2 diabetes.

Fat Replacer Adoption Positively Influenced by Government Regulations

In addition to growing consumer demand for low-fat food products, governments across the globe are introducing new regulations on consumption of foods containing fat, along with setting a limit on daily consumption of fat. Various policies that regulate and restrict trans fatty acids have been introduced in some countries. Switzerland, Denmark, and some states in the US have adopted regulatory approaches to controlling trans fatty acids in food products.

With an aim of global elimination of trans fat in food products, the World Health Organization (WHO) has introduced REPLACE, a guide to eliminate industrially produced trans-fatty acids. Several high-income countries have legally imposed limits on the amount of fat in various packaged food products. However, the action is still needed in low and middle-income countries to control fat in food products.

Competitive Landscape

The report on the fat replacer market provides detailed profiles of all the leading market players. The report includes a dashboard view on fat replacer market players. SWOT analysis on the major players along with business strategies in the fat replacer market has also been included in the report. Expanding globally is one of the main focus areas of players in the fat replacer market, hence, there has been a rise in partnerships and mergers and acquisitions activities.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Battery Electric Vehicle Market: OEMs Consider to Install Batteries with A Shorter Life Span

The quest of automotive industry to threshold its impact on the environment and transform automotive mobility into a sustainable mode of transportation continuous robustly. As such, latest explosion in innovation is fueled by the need to break free fundamental compromises in battery technology. Accordingly, there are a few of the dimensions lithium-ion technologies are compared along— life span; safety; performance; specific power; specific energy and cost. Soaring costs remain the main impediment and the challenge is to lessen manufacturing costs through experience and scale effects as market volumes expand. Inevitably, no single technology wins along all the dimensions. For instance, preferring a technology that optimizes performance alludes compromising on other dimensions.

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OEMs are considering to install smaller batteries with a shorter life span and plan to replace them every five to seven years. This approach would leverage OEMs to use smaller batteries initially, upgrading them as technology advances. The long charging times pose another technical challenge. Robust charging methods which deploy more sophisticated charging terminals can lessen time considerably. Meanwhile, without a major breakthrough in battery technologies, full EVs that are as convenient as ICE-based cars, implying they can travel half a thousand kilometers on a single charger and can recharge in minutes are improbable to be available for the mass market by 2020.

Given electric motors generate near-instant torque while the torque of internal combustion engines soars in tandem with the engine’s revolutions (RPM), battery electric vehicles have fast acceleration and a light feel as compared to traditional cars.

Faced with fuel crisis, battery electric vehicle has been the apt choice with no emissions, thereby receiving green signal from governments across regions. Consequently, pertinent battery electric vehicle players such as Nissan Motor Corporation has adopted bio-based materials to produce paddings and the body of the vehicle. Electric vehicles not embedded with fuel injection systems, costly exhaust system, radiators and starter motor have led to low maintenance cost. As such, low maintenance cost with respect to battery electric vehicles has propelled the growth of the battery electric vehicle.

Battery Electric Vehicle Market: Overview

The report offers a robust analysis on battery electric vehicle market with the aid of qualitative and quantitative assessment. The report focuses on the segmentation of the market to provide thorough analysis on the battery electric vehicle market. Further, the report also shed light on the trends, drivers, opportunities and restraints within the battery electric vehicle market.

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The report includes executive summary, overview section which offers deep dive analysis on battery electric vehicle market. Furthermore, the report on battery electric vehicle market incorporates the market outlook and market attractiveness analysis which are aimed at proving a coherent analysis on the battery electric vehicle market. The report also focuses on supply chain analysis, cost structure analysis, value projection and pricing analysis to offer readers with a holistic view on the battery electric vehicle market. The report on battery electric vehicle market also throws light on trend analysis, Porters’ Five Force Analysis and value chain analysis. Porters’ Five Force Analysis offers a thorough analysis on competitive landscape of the battery electric vehicle market.

Secondary research and primary research offers a coherent analysis on battery electric vehicle market. The secondary sources includes Factiva, trade journals, authentic paid source and resourceful database. While the primary source incorporates views of experts which can be vouched for, authentic views from seasoned analyst and surveys. Essentially, the report also incorporates absolute dollar opportunity analysis which reveal the growth of the battery electric vehicle market.

Battery Electric Vehicle Market: Competitive Landscape

A coherent analysis of competitive landscape of the battery electric vehicle market is augmented through the perusal of Porters’ Five Force Analysis. The Porters’ Five Force Analysis provides holistic picture on the potential strategic-steps to be undertaken by rivals. The report is furthered by the inclusion of company overview, financial overview, key differentiation, portfolio of the product and recent development.

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