1. Growing Demand for Health & Wellness Products is Fueling Fruit & Vegetable Powder Sector
2. Transition to Sustainable Production Crucial for Palm Oil Future Growth
3. Increasing Availability of Fortified and Enriched Rice-based Products Drives Growth
4. Exploring above mentioned sector's market, growth & potential.
FRUIT AND VEGETABLE POWER MARKET
1. Fruit and vegetable powders are produced from fruit and vegetable dehydration. This powder is a key component of seasoning salt and spices and is used in a wide range of food products, including soups, sauces, pizzas, canned goods, seafood, salads, and meat.
2. Moreover, fruit and vegetable powder has a variety of health advantages, such as better immunity, muscle, and neuron function, blood pressure regulation, and bone health.
3. The top four food-producing nations in the world are China, India, the U.S., and Brazil, which shares the benefits of having large populations, lots of land, and climate zones that are conducive to growing a variety of crops, but there are also significant differences in how important food production is to each country's economy.
4. According to the UN Food and Agriculture Organization (FAO), China produced the majority of the world's agricultural output in 2020, valued at USD 1.56 trillion, of which USD 1.5 trillion was spent on food.
5. FAO reports that despite having only 10% of the world's arable land, China produces 25% of the world's grain and is the world's top producer of grains, cotton, fruit, vegetables, meat, poultry, eggs, and fishery goods.
6. India, the second-largest nation in the world by population, had the second-highest agricultural output in 2020, with USD403.5 billion. The production of food accounted for USD 382.2 billion of the total agricultural output.
7. India is the biggest producer of milk, jute, and pulses in the world (a class of legumes that includes dry beans, lentils, and chickpeas). In addition, India is the world's second-largest producer of groundnuts, cotton, sugarcane, cotton, wheat, fruit, and vegetables. India, the nation with the lowest per capita income, is still primarily dependent on subsistence agriculture despite having achieved grain self-sufficiency.
8. The scarce resources, particularly water, have been used inefficiently, resulting in crop yields that are below the global average, and output depends on seasonal monsoons. Post-harvest losses of up to 40% have been recorded for some crops as a result of infrastructure and production distribution system flaws.
9. Land area, population number, climate, and the standard of agricultural infrastructure and technology are just a few of the many variables that affect how much food is produced in a given nation. Although the United States is the world's biggest exporter of agricultural products, other nations such as China, India, and Brazil have emerged as significant food suppliers.
10 . One factor driving the demand for fruit and vegetable powders is the increasing awareness of health and wellness. People are more conscious of the importance of fruits and vegetables in a healthy diet and are aware that a major amount of health issues can be attributed to a lack of proper nutrition.
11. These customers are drawn to fruit and vegetable powders because they provide protein, fiber, vitamins, and minerals in a convenient manner. A fruit and vegetable powder combination is simple to incorporate into a smoothie, almond milk, or glass of water. These products are even more appealing because buyers don't have to worry about them going bad straight away because of their shelf stability.
12. Fruit powders are a great source of essential vitamins and minerals. Their application in superfoods and skin care products is expanding as a result. Owing to its benefits and versatility, fruit powder is being used more frequently in the cosmetics industry for various types of formulations, from cremes to cleansers.
13. These ingredients offer body masks and wrap a colorful touch and give scrubs great exfoliating capabilities. Some other examples of fruit powders are bilberry powder, rosehip powder, and raspberry powder, which are quite popular within the cosmetic industry.
14. Year-round demand for foods prepared with the use of seasonal food items is driving market expansion. Changes in seasonal demand have a substantial impact on the fresh food industry's supply chain. In response to consumer demand for seasonal food tastes and flavors at any time of the year, food producers and processors are adding powdered seasonal fruit and vegetables to their final items.
15. Fruits and vegetables that have been powdered are also a good technique to reduce waste because they may be used to repurpose fresh fruits and vegetables that would otherwise be thrown away.
PALM OIL MARKET
1. During the forecast period, 2023-2028, the global Palm Oil market is expected to expand at a CAGR of 6.7%. The demand for vegetable oil may rise as a result of the growing world population.
2. Palm oil might be the solution that, when produced responsibly, has the least detrimental effect on the environment to meet the expanding need.
3. The Global Palm Oil Market is expected to generate USD 105 billion by the end of 2028, up from USD 67 billion in 2021. Through an immense growth in demand for consumer goods, the emerging middle-class nations like China and India significantly increased worldwide demand for palm oil. Some of the primary drivers boosting demand for palm oil globally are the expanding processed food business, the personal care and cleaning goods industries, the biofuel industry, and the market accessibility of palm oil as cooking oil due to its balanced saturated fats and free of trans fats.
4. The rising per capita earnings, increasing consumerism, and evolving lifestyle are driving up the demand for edible oils worldwide, particularly palm oil. The worldwide palm oil market was expected roughly 60 to 70 percent of palm oil produced for use in human food and the remains consumed by numerous industries, including biodiesel, personal care, and pharmaceuticals.
5. The food and beverage sector processes about 60 percent of palm oil. As a result of the expanding world population, demand has only continued to rise. In addition to being used in food products and for cooking, palm oil is also used in biodiesel, cosmetics, and personal care items like shampoo and soap. Perhaps the main factor in the value of palm oil is its adaptability, which accounts for the expansion of the palm oil booming industry.
6. The research is global in nature and covers a detailed analysis of the market in America (U.S., Brazil, Canada, Mexico, Rest of Americas), Europe (Germany, U.K, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, India, Indonesia, Malaysia, Vietnam, Thailand, Rest of Asia-Pacific), and Middle East and Africa. Additionally, the research report displays data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities, demand for future forecast, and so on.
7. The transition to sustainable palm oil production, commerce, and consumption continues to receive support from Europe. It directly emphasis on the global sustainable palm oil production. End-users of palm oil are excellent drivers of change, able to raise sustainability by participating in their supply chains and creating SPO-promoting policies.
8. The fastest growing country, both in terms of production and consumption, is Indonesia due to increasing palm oil plantation area, favorable government regulations and rising number of edible oil manufacturers engaged in palm oil production activities. For the past few years, customers have embraced biodiesel as a reliable alternative to diesel. In terms of feedstock, palm oil is promoted as the conventional feedstock for the manufacturing of biodiesel and is thought to be a more cost-effective option than soybean.
9. The end-user trend of the market is expected to alter over time as a result of numerous laws and requirements that have been implemented in various countries. crucial role of palm oil in meeting the future demand for vegetable oils and how important sustainable production is for the people involved and the long-term health of our planet.
RICE-BASED PRODUCTS MARKET
1. Rice is made from the seed grains of the grass Oryza sativa, sometimes known as Asian rice or the less common Oryza glaberrima (or African rice). Although the phrase may sometimes be used to refer to wild or uncultivated variants of Oryza, wild rice is typically used to refer to species belonging to the genera Zizania and Porteresia.
2. Domesticated rice is a popular staple meal consumed by more than half of the world's population. After maize and sugarcane, it is the agricultural product with the third-highest production globally. Rice is the most significant food product with regard to human caloric and nutrition intake, delivering more than one-fifth of the calories consumed by humans globally. Starch makes up a major component of rice.
3. This starch is insoluble, flavorless and unfit for human ingestion in its natural state. It must be prepared in order to make it palatable and acceptable. Rice breakfast cereals can be categorized into two groups: those that need to be cooked before eating and those that can be consumed right out of the package. The whole rice grain and its milled products can be used to make ready-to-eat rice cereals.
4. In prepared cereals, rice is precooked, dried, flaked, or made into dough, then stretched or puffed, inflated, and toasted either on its own or in addition to other cereals. The final product's quality is largely influenced by the cooking duration, steam pressure, raw components' temperature, and toasting process. To increase the nutritional value, flouring materials, minerals, vitamin B complex, and protein-containing components may be added.
5. The restoration of minerals and vitamins lost during processing is referred to as enrichment. In general, fortification refers to adding more minerals and vitamins to food than were initially there. For example, it is very common to fortify ready-to-eat rice-based products like breakfast cereals, cakes, noodles, etc., with vitamins, minerals, and flavoring agents.
6. The basic formula mix is typically supplemented with minerals and more heat-resistant vitamins like riboflavin, niacin, and pyridoxine before being processed and sprayed with vitamin A and thiamin.
7. Since babies (infants and newborns) have special nutritional needs, babies frequently start eating solid foods with rice cereal. This is due to its simple digestion, lack of allergens, low-fat content, and bland flavor. Many baby foods are made using rice, either in the form of granulated rice or rice flour.
8. Baby foods are made with glutinous rice, rice flour, rice flour, and rice polishing. Baby food products are frequently thickened with rice flour. It doesn't add any strange ingredient categories to the label and combines well with other foods like vegetables and proteins. Therefore, it presents significant growth opportunities for rice-based products in the coming years.
9. White rice has extremely little fiber value due to the processing it goes through to increase its shelf life. Therefore, if white rice is consumed more frequently, it may result in constipation. In addition, the GI of white rice is high. The glycemic index, or GI, measures the rate at which the body breaks down and transforms carbohydrates into sugars.
10. These are then carried into the body through the bloodstream. High GI foods induce sharp sugar spikes that can result in diabetes and unhealthful blood sugar swings. Additionally, the association between white rice and obesity is well-established and understood. This is due to the fact that it is a highly refined, high-carb diet. All these factors may prove to be disadvantageous for the rice-based products market in the coming years.
Source:
https://www.globenewswire.com/en/news-release/2023/04/07/2643122/28124/en/Fruit-Vegetable-Powder-Global-Market-Report-2023-Growing-Demand-for-Health-Wellness-Products-is-Fueling-Sector.html
https://www.globenewswire.com/en/news-release/2023/04/06/2642395/28124/en/Global-Palm-Oil-Market-Factbook-2023-Edition-Transition-to-Sustainable-Production-Crucial-for-Future-Growth.html
https://www.globenewswire.com/en/news-release/2023/04/06/2642656/28124/en/Global-Rice-based-Products-Market-Report-2023-Increasing-Availability-of-Fortified-and-Enriched-Rice-based-Products-Drives-Growth.html
