Vanilla is a spice crop that is cultivated in tropical countries and largely consumed worldwide. A new report on the global vanilla market, published by Market Research Future (MRFR), predicts that this market can see growth during the forecast period (2019-2024).
The most crucial market driver for the global Vanilla Market Size growth is its growing demand in various industries due to its pleasant flavor. Among frozen desserts, vanilla ice-cream is a hot favorite in every country. Vanilla is also used for making confectionery items like vanilla cake. It is used for making various snacks. Other factors elevating the global vanilla market towards growth include technological advancement, increasing investment from investors. Increasing use of vanilla-vanillin extract to reduce the amount of sugar needed for sweetening is making many products healthy, and thus, popular among those people who want to reduce sweets.
Latest Industry News
- Laird Superfood, a producer of assorted superfood products, is set to add vanilla to its popular Superfood Creamer line. 24 SEP 2019
Market Segmentation
The global vanilla market segmentation encompasses application, category, and form. MRFR’s research on the market highlights many factors of the market in-depth.
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The application-based segmentation of this market can cover food & beverage, personal care, and others. The food & beverage segment can be sub-segmented into bakery & confectionery, beverages, dairy & frozen desserts, sweet & savory snacks, and others. During the forecast period, the food & beverage segment can hold the largest market share due to the widespread use of vanilla in the bakery & confectionery and dairy & frozen desserts, along with beverages sub-segments, among others. There is an increasingly additional demand for vanilla in cosmetics & personal care products that include lotions, moisturizers, and perfumes for its fragrance and properties that are antispasmodic, anti-inflammatory, and analgesic. Vanilla helps to reduce chromosomal damage that is caused by X-ray and ultraviolet (UV) light.
Based on the category, the market has been segmented into conventional and organic. During the forecast period, the conventional segment is expected to be the largest market segment due to the easy availability and lower prices of conventional vanilla. However, the organic segment can attain higher growth during this period due to the rising inclination of consumers for organic products.
Regarding form, the market has been segmented into liquid, powder, and others. During the forecast period, the liquid segment can be the largest as well as the fastest-growing market. The market for the liquid vanilla is strong due to the convenience of the liquid form of vanilla and its wide availability.
Regional Segmentation
A geographical outlining of the global vanilla market covers North America, Europe, Asia Pacific, and Rest of the World (RoW).
North America owns the lion's share of the global market due to the increasing use in various industries in the region. Moreover, the region is home to several major market players active in the global vanilla market. Most of them are based in the USA. After USA, Canada and Mexico are the most important markets in this region.
In Europe, the market is significant due to the high density of population, established food industry, high imports of food products, and the presence of many important market players. The markets that generate maximum revenue in this region are France, Germany, Italy, Spain, and the UK. The survey of the remaining countries in Europe featured in this report calculates the strong addition to market revenue from various other countries in this region.
During the forecast period, the Asia Pacific can appear as the fastest growing regional market due to international market players expanding their operations in the region, especially in China and India. In this report, Australia and New Zealand have been categorized as one segment. Japan is another important market in this region. An examination of the remaining countries in the Asia Pacific region featured in this report adds the extra market revenue from some other countries.
The RoW segment covers the countries Africa, Middle East, and South America.
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Key Players
Big players in the global vanilla market are Doehler GmbH (Germany), E.A. Weber and CO. (USA), Firmenich SA (Switzerland), Heilala Vanilla Limited (New Zealand), Nielsen-Massey Vanillas Inc. (USA), Kerry Group plc (Ireland), Organic Spices Inc (USA), Penta International Corporation (USA), Sensient Technologies Corporation (USA), and Symrise AG (Germany).
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Fruits are either spray dried or freeze dried to obtain free flowing powder.
The use of fruit powders is applicable in various industries including bakery and confectionery, dairy and frozen desserts, beverages, food supplements, and others.
Access Report Details @ https://www.marketresearchfuture.com/reports/fruit-powders-market-5111Market Forecast:Fruit powder is a natural source of high nutritional product, a convenient and economical substitute to fresh fruits, which is driving the growth of the market.
Moreover, side effects caused by artificial flavors has opened doors for fruit powders, being a natural source of adding flavor to food and beverages.
Increasing health issues among the population and their inclination towards functional foods is further boosting the growth of the fruit powders market.Growing awareness among the population for the health benefits associated with fruit powders is propelling the growth of the market.
Competitive Analysis:The major players in the Fruit Powders Market,Nutradry (Australia)DMH Ingredients (U.S.)Kanegrade (U.K)Paradise Fruits (Germany)Aarkay Food Products (India)FutureCeuticals (U.S.)NutriBotanica (Brazil)Regional Analysis:The global Fruit powders market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW).
The honeycomb packaging market is expected to grow at ~ 6% CAGR during the period 2017 to 2023.Market HighlightsHoneycomb packaging is made by conglutination of paper bands into series of hexagons that are similar to honeycomb structure, and are then sandwiched between two sheets.
The properties of honeycomb packaging are low material consumption, low weight, difficult to deform, resistant to pressure, shock and bending, good cushioning performance, and recyclable.
Furthermore, the growing demand for e-Commerce sector owing to increasing utilization of smart phones, is propelling the growth of packaging industry, which in turn has augmented the growth of honeycomb packaging.
Stringent government regulations by U.S. Environmental Protection Agency and other regulatory bodies on the recyclability and environment hazards of the material used in flexible packaging such as plastic and aluminum, is expected to boost growth of the honeycomb packaging market as honeycomb packaging is made from environment friendly material.The global honeycomb packaging market is expected to grow at ~ 6% CAGR during the forecast period.Get Free Sample @ https://www.marketresearchfuture.com/reports/honeycomb-packaging-market-4868Market Research AnalysisExterior packaging and automotive sector are, expected to grow at the highest CAGRGlobal honeycomb packaging market has been segmented based on packaging type, end-use industry and geography.
Protective packaging is an important part of the automotive supply chain.
Honeycomb packaging is the effective method for packaging bulky products and automotive parts, as it offers enhanced safety.Scope of the ReportThis study provides an overview of the global honeycomb packaging market, tracking two market segments across four geographic regions.
Market AnalysisThe Antifungal Agents Market is predicted to touch USD 19,558.0 million at a 3.5% CAGR over the forecast period (2015-2027), states the latest Market Research Future (MRFR) report.
Such agents grow by spreading spores, which causes skin infection subsequently or when fungal infections are inhaled (systematic).
Some of these factors, according to the Market Research Future report, include rising number of patients with fungal diseases, rising geriatric population, growing awareness regarding different fungal infections, rising corporate and government initiatives, and rise in population which come in contact with infections and resistant fungal strains.
Additional factors pushing market growth include the weakened immune system, rising disposable income, increased investments in research and development activities, private-public partnership agreements in the pharmaceutical sector to develop new and effective antifungal drugs, and growing demand for over the counter (OTC) drugs to treat skin infections.On the contrary, availability of conventional therapies and generic drugs for fungal infections, allergic reaction to specific antifungal drugs, and government regulations in the pharmaceutical industry are factors that may deter the antifungal treatment market growth over the forecast period.Regional AnalysisBy region, the antifungal treatment market report covers the latest trends and growth opportunities across the Americas, the Asia Pacific, Europe, and the Middle East and Africa.
This is owing to limited access to healthcare facilities and lack of awareness regarding antifungal treatments.Market SegmentationThe MRFR report offers a wide segmental analysis of the antifungal treatment market on the basis of drug class, therapeutic indication, pathogen, and end users.Based on drug class, the antifungal treatment market is segmented into allylamines, polyenes, echinocandins, pyrimidines, azoles, and others.
Azoles are used for treating ocular fungal infections, systemic candidiasis, blastomycosis, and candidemia.Based on therapeutic indication, the antifungal treatment market is segmented into cryptococcosis, coccidioidomycosis, candidiasis, and systemic.
Medical Gases and Equipment Market Research Report, Forecast Period 2018-2023.
Also, the industry insight includes regional and segmental shares, the report is published by MRFR.Medical Gases and Equipment Market AnalysisMarket Research Future (MRFR) projects the global medical gases and equipment market to exhibit a robust 7.5% CAGR over the forecast period, according to a new report.
The increasing use of medical gases in surgical procedures is also likely to be a major driver for the global medical gases and equipment market over the forecast period.The growing geriatric population and the growing prevalence of chronic respiratory diseases is also likely to be a major driver for the global medical gases and equipment market over the forecast period, as medical gases are majorly used in the treatment and management of chronic respiratory diseases.
Increasing government support to initiatives enhancing the healthcare sector’s operations is also likely to be a major driver for the global medical gases and equipment market over the forecast period.Medical Gases and Equipment Market Competitive Analysis:Leading players in the global medical gases and equipment market include Atlas Copco, Praxair Technology Inc., Messer Group GmbH, The Linde Group, Amico Corporation, SOL S.p.A., GCE Holding AB, Matheson Tri-Gas Inc., Air Products and Chemicals Inc., Rotarex SA, SCI Analytical, Taiyo Nippon Sanso Corporation, Airgas Inc., and Air Liquide.Medical Gases and Equipment Market Segmentation:The global medical gases and equipment market has been segmented on the basis of product, application, end user, and region.By product, the global medical gases and equipment market has been segmented into medical gases, medical gas mixtures, and medical gas equipment.
The medical gases segment has been further categorized as nitrogen gas, nitrous oxide gas, oxygen gas, carbon dioxide gas, helium gas, and medical air.
The medical gas mixtures segment is further categorized into medical laser gas mixtures, medical drug gas mixtures, sterilant gas mixtures, lung diffusion mixtures, blood gas mixtures, aerobic gas mixtures, anaerobic gas mixtures, and breathing zone monitoring calibration standard.
