Market Introduction
Organic vanilla is certified vanilla, which is produced by the traditional means without the use of chemical containing fertilizers and pesticides. Major share of organic vanilla is procured from Madagascar, which accounts for more than 80% of the total global organic vanilla production in the year 2016. Obtaining organic certification for vanilla is a difficult process and hence, even though farmers practice organic farming, they do not opt for organic certification based on the lack of awareness and stringent process.
Rising consumers’ awareness about harmful chemicals present in the vanilla has spurred the demand for organic vanilla on a global level, which justifies the increasing growth rate of organic vanilla globally.
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Market Forecast
The global market for organic vanilla is experiencing high demand during the last few years and is projected to reach USD 207 million by 2022. Developing economy and consumers’ adoption of sustainable development trends are likely to drive the organic vanilla market share in the countries of the developed regions. Higher inclination of consumes towards chemical-free food ingredients has a positive impact on this market. Technological strides are found to facilitate agricultural productivity is also likely to have a positive impact on its market growth.
Based on the application, share of vanilla in food and beverage is expected to witness the highest growth rate (~11.79%) on a global level. Personal care based application of organic vanilla will hold a significant share and will also witness a steady growth during the given forecast period. Health care based application of organic vanilla is likely to experience a high growth rate during the given period owning to the medicinal properties of organic vanilla.
By Downstream Analysis
By 2022, organic vanilla will reach a market value of USD 207 million on a global level. Potential applications of organic vanilla in food and beverage industries have a positive impact on its market share growth. Based on the application, food and beverage will experience the highest growth rate followed by personal care. Food and beverage will account for a market share of more than 85% during the given period.
Competitive Analysis
The major key players in Organic Vanilla Market
- Ever Organic (U.S.)
- The Vanilla Company (U.S.)
- Super Africa Products (Madagascar)
- Nestlé S.A. (Switzerland)
- General Mills, Inc. (U.S.)
- Nielsen-Massey Vanillas Inc. (U.S.)
- Symrise AG (Germany)
Key players are focused majorly on acquisition of small players to expand their business and penetrate the global organic vanilla market. Expansion and R & D investments are also the major strategies followed by the players. Expansion will help in capturing the major market and increasing the production capacity to meet the rising demand from consumer’s end thereby further contributing to increasing revenue. Acquisition and expansions are evaluated to be contributing to more than 40% of strategy share and is facilitating the companies to penetrate the potential market across globe.
Regional Analysis
Among the regions, Africa will dominate the organic vanilla market with more than 80% of the market share and it is projected to reach more than USD 150 million by 2022. Rest of the world will witness the highest growth rate (~7.75%) during the forecast period 2017-2022. Growing popularity of organic vanilla owing to its widespread applications in personal care products and food and beverages is supporting its market growth on the global level. Rising health awareness and increasing health concerns have been playing a key role in the organic vanilla growth from the last few years.
Market Segmentation-
Global organic Vanilla is segmented by application and regions.
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Market HighlightsGlobal Botanical Extracts Market is projected to be valued at USD 25,151.7 Million by 2025, expanding at a CAGR of 5.45% during the forecast period.
However, the limited availability of botanical extracts is hampering the growth of the market.
The increasing demand for organic ingredients is expected to offer lucrative opportunities to market players in the coming years.
Other factors, such as increasing demand for natural food ingredients and additives among consumers is expected to drive the growth of the botanical extracts market in the region.
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The demand for such herbs is increasing at a high pace due to its broader application in food & beverages and pharmaceutical products across the globe.
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Athletic Footwear segment contributed maximum revenue in the market and is expected to continue the leadership in the forecast period on the back of rising awareness regarding the rising awareness of health and wellness, the prevalence of Athleisure trend in developing nations coupled with increasing number gyms, jogging tracks, fitness clubs.
Amidst the Sales Channel, online segment is expected to witness the fastest growth rate on the heels of rising internet penetration and number of smartphone users across the globe.
Amongst the regions, Asia Pacific accounts for the largest regional share in the global sportswear market in 2018.
Key factors driving the robust Asia Pacific market include large population base, increasing disposable income coupled with rising health consciousness across the region.
Global Sportswear Market has covered and analyzed the potential of Global Sportswear Market and provides statistics and information on market size, shares and growth factors.
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(U.S.)General Mills Inc. (U.S.)Kellogg Co. (U.S.)Kashi Company (U.S.)Quaker Oats Company (U.S.)Mars Incorporated (U.S.)Market Forecast: Nutritional bars are handful collection of low sugar, high protein, high level of omega-3 and less additives.
Increasing population of health conscious individuals is propelling the market growth of nutritional bars.
Moreover, the trend of consuming nutritional bars as snacks between the meals is gaining popularity among all age groups which is driving the market of nutritional bars.Increasing number of working population followed by hectic lifestyle of consumers is adding fuel to the growth of the nutritional bars market.
However, there are large number of product substitutes available in the market which may have a negative impact on the market growth of nutritional bars.
Key PlayersSome of the prominent players operating in the global acetone market are INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (U.S.), Cepsa (Spain), Mitsui Chemicals, Inc. (China), Altivia (U.S.), LCY GROUP (Taiwan) Formosa Chemicals & Fiber Corporation (China), Prasol Chemicals Pvt.
Ltd. (India) and EMCO Limited (India) among otherSegmentationThe global acetone market is categorized on the basis of application, end use industry, and region.
On the basis of end use industry, the market is segmented into pharmaceuticals, personal care, paints & coatings, plastics, construction and electrical & electronics.
Among these, Asia Pacific is anticipated to develop with the most astounding CAGR amid the survey time frame, 2017 to 2023 by virtue of extending paints and coatings and construction industries.
The acetone market is anticipated to increment in various nations of the Asia Pacific, for example, China, India, Japan and Indonesia because of expanding urbanization and populace is expected to drive the market in the estimate time frame.North American acetone market COVID-19 Impact is anticipated to witness a huge development by virtue of high acetone consumption potential, expanding production capacities, and rising monetary development rate.
Money related obligation in these nations has crossed their income which is the real restriction for the acetone market to develop in the forecast period.Market Overview:Acetone is a clear, colorless, and volatile fluid with a sweet aroma.
According to the new market research report " Vaccine Adjuvants Market by Product Type (Particulate, Emulsions, Pathogen, Saponin), Route of Administration (Subcutaneous, Intramuscular), Disease Type (Infectious, Cancer), Application (Research, Commercial) & Application Category - Forecasts to 2021 ", published by MarketsandMarkets™, The global vaccine adjuvants market is expected to reach USD 769.4 Million by 2021 from USD 467.0 Million in 2016, at a CAGR of 10.5%.
The global market is broadly classified into product type, route of administration, disease type, applications, and application categories.Don’t miss out on business opportunities in Vaccine Adjuvants MarketBrowse and in-depth TOC on "Vaccine Adjuvants Market" 90 - Tables 42 - Figures 156 - Pages Geographically, the vaccine adjuvants market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW).
However, Asia is projected to grow at the highest CAGR during the forecast period.
Growth in the North American segment is primarily driven by the increasing geriatric population and rising incidences of diseases in the North American countries.The major players in the vaccine adjuvants market are Brenntag Biosector (Denmark), CSL Limited (Australia), SEPPIC (France), Agenus, Inc. (U.S.), Novavax, Inc. (U.S.), SPI Pharma, Inc. (U.S.), Invivogen (U.S.), Avanti Polar Lipids, Inc. (U.S.), MVP Laboratories, Inc. (U.S.), and OZ Biosciences (France).Read More Report @ https://www.marketsandmarkets.com/Market-Reports/vaccine-adjuvants-market-152603894.htmlValue Addition for the Buyer:This report aims to provide insights into the global vaccine adjuvants market.
It provides valuable information on the product type, route of administration, disease type, applications, and application categories in the market.
Furthermore, the information for these segments, by region, is also presented in this report.
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Analysts have also studied the market to understand potential threats and challenges the market companies could face.
Although the market is poised to grow at a fast pace across product, disease indication, and manufacturing segments, factors such as restrictions in access to capacity could slow down the market's growth worldwide.Market Segmentation The Market Research Future report offers a complete segmental analysis of the biologics market based on manufacturing, disease indication, and product.
Regional AnalysisBy region, the biologics market report covers the latest trends and growth opportunities across the Americas, the Asia Pacific, Europe, and the Middle East and Africa.
Various factors are propelling the growth of the biologics market in the region, such as investments in new facilities for producing drugs for clinical trials, strong economic growth of Canada and the US, and rapid adoption of manufacturing technologies.
India is a major contributor in this region for its massive strides in biologics manufacturing.Key Players Notable players profiled in the biologics market report include GlaxoSmithKline Plc (UK), Eli Lilly and Company (US), Bayer AG (Germany), Sanofi (France), F. Hoffman-La Roche AG (Switzerland), Novartis AG (Switzerland), Amgen (US), Pfizer Inc. (US), AstraZeneca (UK), and AbbVie, Inc. (US).
