Monday, 14 September 2020

Soap Dispenser Market is Anticipated to Witness a Rapid Growth Through 2025

 Rising concern regarding hand hygiene and prevalence of infectious dieses including COVID-19 are acting as key growth drivers for global soap dispenser market.



According to TechSci Research report, Global Soap Dispenser Market By Type (Wall-Mounted, Counter-Mounted), By Product Type (Manual, Automatic), By Capacity (<250 ml, 250ml to 500 ml, And 500ml to 1000 ml), By Soap Type (Foam Soap, Liquid Soap), By End User (Residential, Commercial (Hospitals, Airports, Schools, Hotels & Restaurants, Others), Others), By Distribution Channel (Online, Offline (Hypermarkets/ Supermarkets, Independent Retailers, Pharmacies and Drugstores, Convenience Stores, Cash and Carry Stores, and Department Stores), By Region, Forecast & Opportunities, 2025, the market is expected to grow at a significant CAGR during the forecast period. Key factors propelling the growth of global soap dispenser market are increasing prevalence of infectious and communicable dieses such as COVID-19, Ebola, etc. around the world coupled with rising concern pertaining to hand hygiene. The growing awareness towards cleanliness and hygiene among consumers is creating high demand for soap dispensers as compared to soap bars as the later can be enormously unhygienic in public restrooms. Furthermore, World Health organization has also directed frequent hand washing as the best method to contract the spread of global pandemic coronavirus. This is acting as a major growth factor for global soap dispenser market.

Additionally,  availability of advanced and wide variety of soap dispensers are leading to spike in their sale. Manufacturers are also coming up with technologically advanced and innovative soap dispensers to provide 100 per cent contact less hand washing practices. Moreover, rising disposable income and growing popularity of modular and luxurious bathrooms are also supporting the growth of global soap dispenser market. Apart from this, soap dispensers are increasingly being installed at public places such as restrooms, public toilets and community parks. Furthermore, soap dispensers are gaining demand from commercial sectors like offices, hotels, restaurants and schools. All these factors are expected to propel the growth of global soap dispenser market through 2025.

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The global soap dispenser market is segmented based on type, product type, capacity, soap type, end user, distribution channel and region. Based on product type, the market can be segmented into manual and automatic soap dispensers. Among them, the automatic segment is expected to witness significant CAGR during the forecast period as they comprise sensing device which provides hands-free usage, thus ensuring less contact with germs and bacteria while using the soap dispenser.

Based on distribution channel, global soap dispenser market is segmented into offline and online market. The offline market is further segmented into hypermarkets/ supermarkets, independent retailers, pharmacies and drugstores, convenience stores, cash and carry stores and department stores. Among them, the online segment is expected to undergo fastest growth during the forecast period on account of increasing digitalization and growing preference of consumers to shop online. Moreover, the availability of wide range of soap dispensers and major discounts offered by e-commerce sites are making the segment a leading distribution channel.

Major players operating in the global soap dispenser market are ORCHIDS INTERNATIONAL, American Specialties, Inc., ZAF ENTERPRISES, BRIGHT PANCAR SDN. BHD, Askon Hygiene Products Pvt., Shenzhen SVAVO Intelligent Technology Co.,Ltd., Hokwang Industries Co., Liberty Industrie, Kutol Products and Bobrick Washroom Equipment, Inc. Leading companies are undergoing growth strategies such as new product launches, collaborations and partnerships to strengthen their position in global market.

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“North America dominated the global soap dispenser market in 2019 owing to high per capita disposable income, presence of large number of commercial buildings and existence of leading manufactures in the region. However, Asia Pacific is expected to contribute to high revenue through 2025 on account of growing consumer awareness towards personal health and hygiene. Also, governments in countries like India and South Korea are taking initiatives to inculcate frequent hand washing habits among citizens. This is further expected to support the growth of global soap dispenser market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Soap Dispenser Market By Type (Wall-Mounted, Counter-Mounted), By Product Type (Manual, Automatic), By Capacity (<250 ml, 250ml to 500 ml, And 500ml to 1000 ml), By Soap Type (Foam Soap, Liquid Soap), By End User (Residential, Commercial (Hospitals, Airports, Schools, Hotels & Restaurants, Others), Others), By Distribution Channel (Online, Offline (Hypermarkets/ Supermarkets, Independent Retailers, Pharmacies and Drugstores, Convenience Stores, Cash and Carry Stores, and Department Stores), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of soap dispenser market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global soap dispenser market.


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Guar Gum Market is Expected to Undergo a Substantial CAGR Through 2025

 Increasing demand for convenience food and thriving pharmaceutical industry are acting as key growth factors for global guar gum market.



According to TechSci Research report, “Global Guar Gum Market By Function (Stabilizer & Emulsifier, Thickening & Gelling Agent, Binder, Friction Reducer, Others), By Application (Food & Beverages, Mining & Explosives, Oil & Gas, Paper Manufacturing, Pharmaceuticals & Cosmetics, Others), By Grade (Food-Grade, Pharmaceutical-Grade, Industrial-Grade), By Region, Forecast & Opportunities, 2025”, the market is anticipated to undergo a significant growth during the forecast period owing to  growing demand from various end use industries such as food, oil & gas, and pharmaceuticals. The multi-functional properties of guar gum are propelling food manufacturers to use them in various food applications. Moreover, rising awareness among consumers pertaining to health & nutrition coupled with increasing demand for organic and natural food products are also acting as major growth driver for global guar gum market. Apart from this, the growing consumption of convenience food due to changing lifestyle pattern is another factor supporting the growth of this market. Guar gum acts as essential food additives in convenience food items like soups, bread, gravies, cakes and pastries.

Additionally, increasing need for dairy and frozen food is leading to wide usage of guar gums as they provide extended and stable shelf-life. Also, thriving pharmaceutical industry is also providing lucrative growth opportunity for global guar gum market. Furthermore, the properties of guar gum such as fracturing, waterproofing, binding and gelling make them an ideal additive for different industries such as mining, explosives, as oil & gas and textiles. However, the development of guar gum substitutes is acting as major challenge before manufacturers.

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Global guar gum market is segmented based on function, application, grade and region. Based on application, the market can be categorized into food & beverages, mining & explosives, oil & gas, paper manufacturing, pharmaceuticals & cosmetics and others. Among them, the food & beverage segment is likely to undergo significant growth during the forecast period on account of growing utilization of guar gums in convenience and bakery products.

Based on grade, global guar gum market can be segmented into food-grade, pharmaceutical-grade and industrial-grade. Among them, the industrial grade guar gum acquired the largest market share in 2019 owing to increasing consumption of guar gum in oil & gas industry. The segment is further expected to undergo high growth during the forecast period as guar gums are witnessing growing demand from textile, paper and printing industries.

Major players operating in the global guar gum market are Vikas WSP Ltd., Abdullahbhai Abdul Kader Group, Cargill Incorporated, Shree Ram Industries, Rama Gum Industries (India) Pvt. Ltd., DuPont Nutrition & Health, Agro Gums, Lotus Gums & Chemicals, India Gycols Ltd., Amba Gums & Feeds Products, Vasundhara Gums & Chemicals, Hindustan Gums & Chemicals Ltd., The Lucid Group and Ingredion Incorporated. Leading companies are expanding their production facilities in order to increase their business and strengthen their position in global guar gum market.

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“India is the largest producer of guar gum and accounts for nearly 80 per cent of total global production. The government is also brining initiatives to encourage exports which provides for huge growth opportunities for guar gum manufacturers. However, the dependency of crops on necessary rainfall creates the issue of uncertainty of raw material supply. This leads to product price fluctuations,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Guar Gum Market By Function (Stabilizer & Emulsifier, Thickening & Gelling Agent, Binder, Friction Reducer, Others), By Application (Food & Beverages, Mining & Explosives, Oil & Gas, Paper Manufacturing, Pharmaceuticals & Cosmetics, Others), By Grade (Food-Grade, Pharmaceutical-Grade, Industrial-Grade), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of guar gum market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global guar gum market.

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Functional Proteins Market is Anticipated to Witness a Substantial Growth Through 2025

 Growing demand for nutraceuticals and rising concerns towards maintaining a healthy diet are acting as key factors for the growth of global functional proteins market.



According to TechSci Research report, “Global Functional Proteins Market By Type (Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Caseinates, Soy Protein and Others), By Application (Functional Food, Functional Beverages, Dietary Supplements and Animal Nutrition), By Source (Plant and Animal), By Form (Liquid and Powder), By Region, Forecast & Opportunities, 2025”, the market is anticipated to undergo a healthy growth during the forecast period. Key factors propelling the growth of global functional proteins market are changing consumer lifestyles coupled with growing concerns pertaining to maintaining a healthy diet and enhancing the nutritional value of food. Moreover, sports nutrition functional food and dietary supplements are gaining huge popularity among working population which is acting as a major booster for the growth of global functional proteins market. The increasing cases of chronic diseases is another factor which is creating high demand for functional proteins. Apart from that, functional proteins find wide application in food industry and with technological upgradation, the market is poised to witness a rapid growth in coming years.

Additionally, the growing demand for plant proteins in beauty and personal care products is also supporting the growth of global functional proteins market. Manufacturers are focusing on product innovation and are increasing market penetration of powdered drink mixes in order to meet the growing demand. Furthermore, animal-derived proteins are also gaining high demand from sports and fitness enthusiast consumers. However, high cost involved in R&D activities are acting as a restraining factor for the market growth. Moreover, stringent laws by regulatory bodies in various regions are likely to hamper the growth of global functional proteins market.

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The global functional proteins market can be segmented based on type, application, source, form and region. Based on type, the market can be categorized into hydrolysates, whey protein concentrates, whey protein isolates, caseinates, soy protein and others. Among them, whey protein concentrate segment is likely to undergo significant CAGR during the forecast period on account of their increasing application in various food and beverages. Whey protein concentrates are carbohydrate free, fat-free, and almost cholesterol and lactose-free.

Based on application, global functional proteins market can be categorized into functional food, functional beverages, dietary supplements and animal nutrition. Among them, the functional beverage segment is expected to witness high growth through 2025 owing to increasing demand of protein shakes for weight management by sports enthusiast and working class professionals. Moreover, the availability of functional beverages in various flavors is also attracting new consumers around the world.

Major players operating in the global functional proteins market are Kerry Group, Glanbia Plc, Arla Foods, Fonterra Co-operative Group Limited, Koninklijke DSM N.V., Archer Daniels Midland Company, Cargill, Incorporated, Roquette Frères, SunOpta, Inc., BASF SE and John Pointon & Sons Ltd. Leading companies are undergoing growth strategies such as new product launches, mergers & acquisitions and collaborations in order to enhance their presence in global functional proteins market.

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“North America is expected to lead the global functional proteins market during the forecast period on account of increasing number of health conscious population and rising popularity of sports nutrition. Moreover, countries like United States and Canada are experiencing high demand for weight management nutrition which is likely to provide lucrative growth opportunities for functional protein manufactures. However, increasing prevalence of chronic dieses and concerns pertaining to healthy lifestyle are leading to rapid growth of functional proteins market in Asia Pacific region,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Functional Proteins Market By Type (Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Caseinates, Soy Protein and Others), By Application (Functional Food, Functional Beverages, Dietary Supplements and Animal Nutrition), By Source (Plant and Animal), By Form (Liquid and Powder), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of functional proteins market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global functional proteins market.

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Clean Label Ingredients Market Size, Share, Growth, Trend & Forecast 2025

 Growing consumer preference towards clean label food products is acting as key factor for the growth of global clean label ingredients market.



According to TechSci Research report, “Global Clean Label Ingredients Market By Type (Natural Colors, Natural Flavors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Malt and Others), By Application (Beverages, Bakery, Dairy & Frozen Desserts, Ready Meals & Processed Food, Cereals & Snacks and Others), By Form (Dry and Liquid), By Region, Forecast & Opportunities, 2025”, the market is expected to witness robust growth during the forecast period owing to increasing consumer preference towards clean label food products coupled with growing awareness regarding the health issues linked with consumption of artificial food additives. Apart from this, the burgeoning demand for food products with no added preservatives and artificial sweeteners, flavors, colors, etc. is acting as a supporting factor for the global clean label ingredients market. Moreover, clean label  ingredients are natural, organic and non-GMO and hence are considered consumer friendly. With growing popularity of organic food & beverages, the market is anticipated to undergo significant growth through 2025.

Furthermore,  manufacturers are involved in R&D activities and product innovation in order to provide long self-life of clean label ingredient containing food products. The rising demand for convenience goods with clean labels is also fueling the growth of global clean label ingredient market. Additionally, entry of new market players and penetration of wide variety of clean label ingredients are expected to fuel the market growth in coming years. Also, rise in per capita disposable income, improving living standard in developing nations and growing number of health conscious consumers are some other key factors propelling the growth of global clean label ingredient market.

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The global clean label ingredients market can be segmented based on type, application, form and region. Based on type, the market is categorized into natural colors, natural flavors, fruit & vegetable ingredients, starch & sweeteners, flours, malt and others. Among them, the natural flavor segment is expected to experience fastest growth during the forecast period as they are increasingly replacing artificial flavorings such as ethyl acrylate, benzophenone, styrene and pyridine which are identified as carcinogens. Moreover, consumers desire for naturally juicy and flavorful meats which is acting as a major growth factor for natural flavor clean label ingredients.

Based on application, the global clean label ingredients market is segmented into beverages, bakery, dairy & frozen desserts, ready meals & processed food, cereals & snacks and others. Among them, ready meals and processed food segment is likely to undergo high growth during the forecast period on account of increasing consumer preference for convenient and healthier alternative to junk food. Furthermore, the busy lifestyles and increasing number of working population are creating high demand for ready meals & processed food.

Major players operating in the global clean label ingredients market are Archer Daniels Midland Company, Ingredion Incorporated, Tate & Lyle PLC, Koninklijke DSM N.V., Cargill, Incorporated, Tate & Lyle PLC, Kerry Group PLC, Sensient Technologies Corporation, Corbion N.V. and Arjuna Natural Extracts Ltd. Key market players are focusing on expanding their clean label portfolio and are thus involved in extensive R&D activities. Other growth strategies include mergers & acquisitions and partnerships.

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“Asia Pacific is likely to contribute to high revenue for global clean label ingredients market during the forecast period owing to growing concern towards health and consumers’ inclination towards healthy eating habits. Moreover, focus of food & beverage manufacturers in using clean label ingredients and favorable government regulations are acting as key growth driver for clean label ingredient market in the region. The harmful health effects of artificial and synthetic ingredients and strict regulations related to their use are further pushing global food & beverage industry to use clean label ingredients,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Clean Label Ingredients Market By Type (Natural Colors, Natural Flavors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Malt and Others), By Application (Beverages, Bakery, Dairy & Frozen Desserts, Ready Meals & Processed Food, Cereals & Snacks and Others), By Form (Dry and Liquid), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of clean label ingredients market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global clean label ingredients market.

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Botanical Extracts Market is Anticipated to Undergo a Significant Growth Through 2025

 Increasing demand of botanical extracts from various end use industries including food & beverage sector is acting as key growth factor for global botanical extracts market.



According to TechSci Research report, “Global Botanical Extracts Market By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others), By Form (Powder and Liquid), By Source (Spices, Herbs, Tea leaves and Flowers), By Region, Forecast & Opportunities, 2025”, the market is expected to undergo a rapid growth during the forecast period on account of growing consumer awareness towards health and wellness products and increasing demand for botanical extracts by various end users such as food & beverage and beauty industry. Moreover, the growing preference of consumers for products containing natural formulations is also acting as a major growth driver for global botanical extracts market. The hazardous health effects of artificial flavors, scents and colors in food products is another factor which is pushing consumers to switch to botanical extract containing food & beverages. Also, entry of new market players and growing penetration of innovative and different variety of products is anticipated to foster the growth of global botanical extracts market through 2025.

Additionally, rising health conscious population and increasing emphasis on fitness is creating increasing demand for botanical extracts. The strict regulations regarding inclusion of synthetic flavors are also fueling the growth of global botanical extract market. Apart from that, botanical extracts are finding wide application in herbal medicines and convenience food. This is likely to further propel the market growth in coming years. However, availability of substitute of botanical extracts are posing as major challenge before manufacturers. Moreover, stringent regulations in various economies are likely to hamper the growth of global botanical extract market.

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Global botanical extracts market is segmented based on application, by form, by source and region. Based on application, the market can be categorized into bakery & confectionery, sauces and dressings, alcoholic beverages, carbonated soft drinks, iced teas, flavored dairy products and others. Among them, the iced teas segment is likely to undergo high growth during the forecast period owing to growing intake of tea among global consumers. The increasing preference for herb based tea is also making the segment a leading one among the other applications.

Based on source, global botanical extracts market can be segmented into spices, herbs, tea leaves and flowers. Among them, the herb segment is anticipated to witness significant CAGR during the forecast period on account of increasing application in food & beverage industry. Furthermore, herbal botanical extracts are also gaining high traction from beauty and healthcare industry.

Major players operating in the global botanical extracts market are Frutarom Industries Ltd., Kalsec Inc., BASF SE, Döhler GmbH, Synergy Flavors, Blue Sky Botanics Ltd., MB-Holding GmbH & Co. KG, Nexira SAS, Haldin Pacific Semesta and Synthite Industries Private Ltd. Leading companies are involved in increasing their product portfolio in order to increase their market reach. Some of them are also undergoing mergers & acquisitions and partnerships to strengthen their position in global botanical extracts market.

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“The growing popularity of organic food products is providing lucrative growth opportunities for botanical extract manufactures. Among the five regions, North America is likely to appear as the biggest market for botanical extracts as the region is witnessing rising population of fitness enthusiast consumers. The high per capita disposable income and high standard of living enables consumers to opt for high end botanical extract containing food & beverages. Also, the increasing consumption of dietary supplements in countries like United States and Cananda is another factor augmenting the growth of global botanical extracts market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Botanical Extracts Market By Application (Bakery & Confectionery, Sauces and Dressings, Alcoholic Beverages, Carbonated Soft Drinks, Iced Teas, Flavored Dairy Products and Others), By Form (Powder and Liquid), By Source (Spices, Herbs, Tea leaves and Flowers), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of botanical extracts market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global botanical extracts market.

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Baking Ingredients Market is Expected to Undergo Robust Growth Through 2025

 Increasing consumer’s preference for varied bakery products coupled with growing popularity of home baking are acting as key growth factors for global baking ingredients market.



According to TechSci Research report, “Global Baking Ingredients Market By Type (Emulsifiers, Baking Powders & Mixes, Leavening Agents, Enzymes, Oil, Fats & Shortenings, Starch, Colours & Flavours), By Application (Cookies & Biscuits, Bread, Cakes & Pastries and Others) By Region, Forecast & Opportunities, 2025”, the market is anticipated to undergo a rapid growth during the forecast period. Key factors propelling the growth of global baking ingredients market are rising consumption of bakery items like cakes, pastries, pies, scones, bread and biscuits in both developed and developing nations along with growing popularity of home baking. After the recent outbreak of COVID-19, the world is witnessing high demand for baking ingredients for both residential as well as commercial use. The enhancement of nutritional level in bakery products is further accelerating the growth of global baking ingredients market. Manufacturers are also involved in product enhancement and are coming up with gluten-free ingredients in order to meet the growing demand. This is likely to act as a major growth driver for global baking ingredients market through 2025.

Moreover, changing consumer lifestyle has led to high consumption of convenience foods which supports the growth of bakery ingredients market. Also, the incorporation of functional ingredients like omega-3, probiotics, multivitamins and multigrain in baking ingredients have led to burgeoning demand in global market. In addition to this, increasing number of bakeries and confectionaries and consumption of bread as staple food in most European countries are augmenting the growth of global bakery ingredients market.

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Global baking ingredients market is segmented based on type, application and region. Based on type, the market can be categorized into emulsifiers, baking powders & mixes, leavening agents, enzymes, oil, fats & shortenings, starch, colour and flavours. Among them, baking powder & mixes dominated the market in 2019 and are further expected to undergo significant CAGR during the forecast period as they are being consumed globally as a primary ingredient in bakery products. Moreover, baking powders & mixes are a good source of vitamins, proteins, and carbohydrates and hence they are the leading segment among all other baking ingredients.

Based on application, global baking ingredients market can be segmented into cookies & biscuits, bread, cakes & pastries and others. Among them, bread accounted for largest market share in 2019 owing to their high consumption around the world. However, cakes & pastries segment is expected to undergo fastest growth through 2025 as they are increasingly being consumed as dessert items.

Major players operating in the global baking ingredients market are AAK AB, Cargill, Incorporated, Associated British Foods PLC, Lesaffre (Groupe Lesaffre), Taura Natural Ingredients Limited, Muntons PLC, Corbion, British Bakels, Kerry Group PLC, Tate & Lyle and Lallemand, Inc. Key growth strategies being adopted by leading companies are new product launches, partnerships & collaborations to increase their global market reach.

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“Europe constitutes the biggest market for bakery ingredients due to extensive use of baked foods in daily diet. However, the growing trend of home baking coupled with rise in number of bakeries and confectioneries in Asia Pacific countries like India, Australia and China are anticipated to make the region a lucrative market for baking ingredient manufacturers,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Baking Ingredients Market By Type (Emulsifiers, Baking Powders & Mixes, Leavening Agents, Enzymes, Oil, Fats & Shortenings, Starch, Colours & Flavours), By Application (Cookies & Biscuits, Bread, Cakes & Pastries and Others) By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of baking ingredients market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global baking ingredients market.

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Global Footwear Market Growth 2026 – Athletic Footwear Vs Non-Athletic Footwear

Footwear Market   is expected to grow at a steady CAGR during the forecast period. Growing requirement for footwears that are more comfortab...