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Vegan butters are the spreads made from various plant-based sources such as vegetables and nuts. These spreads are highly nutritional with high good fat content and are used as a substitute to dairy butter by the surging vegan population. Vegan butters are witnessing an increasing shelf space in various retail stores across the globe due to the increasing consumption of vegan butter in both food retail and food service sector. Several hotels and restaurants are consuming plant-based butters to cater the rising demand for vegan menu.

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butter is derived from cow’s milk. But,  vegan butter, commonly labeled as margarine are made from plant sources. They contain high fat content and similar nutritional value as to butter obtained from cow’s milk. This makes it popular among the vegan population. The growing number of vegan population due to shift in food consumption pattern is prompting the rate of adoption of vegan butter. Another significant cause boosting the use of vegan butter is the growing concern of people towards animals. MRFR identified these factors to cast a positive impact on the global vegan butter market expansion that is anticipated to spur the growth curve of the market.

Key Players

MRFR enlisted some of the prominent companies operating in the vegan butter market. They are Naturli ‘Foods A / S (Denmark), Conagra Brands, Inc. (US), WayFare Foods (Montana), Miyoko’s (US), I Can’t Believe It’s Not Butter (US), Prosperity Organic Foods, Inc. (Idaho), and I Can’t Believe It’s Not Butter (US) among others.

Segmental Overview

The segmental study of the global Vegan Butter Market provides indispensable insights into the market that helps in the identification of several growth windows. The vegan butter market study has been segmented into distribution channel, packaging type, and type.

On the basis of distribution channel, the global vegan butter market is segmented into store based and non-store based. The store-based segment is further bifurcated into convenience stores, supermarkets & hypermarkets, and others.

On the basis of packaging type, the global vegan butter market has been segmented into jars/bottles, tubs/cups, and others. The tubs/cups segment is expected to grow with a considerable CAGR over the review period and maintain its dominance throughout owing to the increase in number of vegan butter consumers and its numerous applications.

On the basis of type, the global vegan butter market has been segmented into nut butter, vegetable butter, and others. The vegetable butter segment is expected to generate the highest revenue and proliferate at a rapid rate due to high number of sales of different vegetable butter like peanut butter, coca butter, shea butter, and others. The nut butter segment, owing to the increase in awareness of health benefits of various nuts like almond, macadamia, cashews, and others, is likely to register the highest CAGR over the evaluation period.

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Regional Insights

The demographic insights of the vegan butter market offer a proper understanding of the dynamic influencing the regional market growth. On the basis of region, the market has been segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW).

The surge in number of vegans is triggering an increase in sales of plant-based products in North America. This is likely to foster the vegan butter market growth in the region. MRFR forecast vegan butter market to grow with a significant CAGR over the forecast period. Similarly, the growing concerns regarding animals is increasing the adoption of vegan butter among the European population. This is predicted to spur the European vegan butter market in the coming years.

Tartaric Acid Market Overview

The global Tartaric Acid Market is expected to garner a revenue of USD 319.5 million in 2024 and is expected to register a CAGR of 5.4% during the forecast period of 2019–2024. Tartaric Acid Market has been driven by a range of application such as food and beverages, pharmaceuticals, cosmetics, and personal care. Moreover, it is estimated that the food and beverage application sector is set to witness the highest growth due to the growing application of tartaric acid in wine and processed food industry.

Tartaric acid is used in a wide range of applications owing to its anti-oxidation and preservative properties. The rising growth of the pharmaceutical, cosmetic, and healthcare industries across the globe is substantially affecting the growth of the Tartaric Acid Market.

Tartaric acid is a white crystalline organic acid which is mostly occurring in grapes, bananas, oranges and tamarinds. It is known for the one of the most important components in wine production. It helps in controlling the acidity of wine. Along with this, the food and beverages is one of the integral application which has driven the global market. In food and beverages, tartaric acid acts as a preservative mostly used in soft drinks, jams, fruit juice and several others. In pharmaceutical industry, it is used in preparation of antibiotic as an ingredient. Geographically, Europe is the biggest market due to the huge wine market and increasing popularity of packaged food.

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Segmentation

The global tartaric acid market is segmented into type, source, and application. Based on the type, the market is segregated into natural and synthetic. The market by the source is bifurcated into grapes & sun-dried raisins, and maleic anhydride. The market for the application is further bifurcated into food and beverage, pharmaceuticals, cosmetic and personal care, and others.

Competitive Analysis

Some of the prominent players operating in the global tartaric acid market are Caviro Distillerie SRL(Italy), The Chemical Company (U.S.), Distillerie Bonollo S.p.A (Italy), Tartaros Gonzalo Castello SL (Spain), Tarac Technologies (Australia), Richman Chemical Inc (U.S.)., U.S. Chemicals LLC (U.S.), American Tartaric Products (U.S.), and The Tartaric Chemical Corp (U.S.).

Regional Analysis

The global tartaric acid market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as food and beverage, personal care, home care, and construct among others, which, in turn, is anticipated to fuel the demand for tartaric acid in the region. Moreover, the growing demand for processed food mainly in Japan, India, and China owing to the growing working population and changing lifestyle is also expected to contribute majorly to the market.

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The European region is estimated to witness a significant growth in the countries owing to burgeoning personal care, the pharmaceutical industry, and wine industry. The increasing consumption and production of wine in the Polar Regions positively driving to the growth of the market. The North American tartaric acid market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing use of processed food and beverage among others is fuelling the growth of the tartaric acid market in this region. Furthermore, the growing consumption of wine, especially, in the U.S and Canada is further adding fuel to the market growth.

Market Scenario

Shiitake, a mushroom species is the third-largest consumed mushroom across the globe after button and oyster mushroom. Shiitake mushrooms are indigenous to Japan, and they are rich in nutrients. They also reportedly have immunity enhancing properties and anti-viral properties. Shiitake Mushroom Market could be explored to extract proteins and vitamins, which could be marketed in condensed form.

Shiitake has been a popular ingredient in various Asian cuisines for ages. It also has several applications in cosmetic products ranging from exfoliant to anti-inflammatory. It helps in faster skin healing & renewal and also lightens the skin & increases its elasticity. Shiitake mushrooms are also used to make hair cosmetics as it helps to maintain the hygiene of the scalp and manipulate the structural properties of hair.

The other applications of shiitake include the production of organic fertilizer and water & soil purifier, in which shiitake is used to remove and degrade pentachlorophenol (PCP). There is a huge trend, in millennials & other demographics, towards plant-based products and shiitake mushroom is just one of those and is actually plugging into that trend. Consumers are reportedly increasing their consumption of plant-based foods substituting meat-based products.

The market is getting enriched with new vegan products. This, as a result, is driving the growth of the shiitake mushroom market. According to an eminent research firm – Market Research Future (MRFR), the global shiitake mushroom market is expected to garner significant accruals by 2024. MRFR also claims that it could register a substantial CAGR throughout the forecast period (2019 – 2024).

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On the other hand, the low shelf life of these mushrooms and related products are impeding the growth of the market.  Also, the volatility in prices and demand-supply gap of shiitake mushrooms is challenging the market players while meeting the growing market demand. Nevertheless, the rising popularity of organic of the mushrooms and the emergence of various functional foods based on shiitake mushrooms would support market growth over the forecast period.

Major Players

Players leading the shiitake mushroom market include Banken Champignons (Netherlands), Bonduelle SA (France), Oyster Island Mushrooms LLC (US), Modern Mushroom Farms INC. (US), Monterey Mushrooms, Inc. (US), Brewer’s Mushrooms (US), Rocky Bottom Mushrooms LLC (US), White Mountain Mushrooms, LLC. (US), Hirano Mushroom LLC (Republic of Kosovo), Highveld Mushrooms (South Africa), Rain Forest Mushrooms (US), Agro Dutch Industries Ltd. (India), Mitoku Company, Ltd. (Japan), Mycopolitan Mushroom Company (US), and Meadow Mushrooms Ltd (New Zealand), among others.

Global Shiitake Mushroom Market – Segmentation

The report is segmented into four dynamics to widen the scope of understanding,

By Type                                          : Fresh, Frozen, and Dried.

By Category                                   : Organic and Conventional.

By Distribution Channel               : Store-based (Hypermarkets & Supermarkets and Convenience Stores, others) and Non-Store-Based.

By Regions                                    : Europe, North America, APAC, and the Rest-of-the-World (RoW).

Global Shiitake Mushroom Market – Regional Analysis

The Asia Pacific region dominates the global shiitake mushroom market, accounting for the largest production as well as consumption of these mushrooms. The APAC has been witnessing a remarkable growth over the past few years, heading with the changing food consumption pattern in the region.

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China holds the major share in the APAC shiitake mushroom market owing to the rising applications of shiitake in the pharmaceutical and cosmetics industry. In terms of volume, the country holds a significant share in the global market as well. Besides, increasing consumption of these types of mushrooms in the preparation of various local cuisines is creating huge market demand. China, Japan, Australia & New Zealand are key contributing markets in the region.

Market Scenario

Rice is gluten-free and so is used in several applications in gluten-free diet. In most of the applications, rice flour is used as a substitute to wheat flour and is also used as a thickening agent. It is considered as an important source of minerals, fibers, vitamins and proteins. Increasing health awareness and growing preference for leading healthier lifestyle among individuals are major factors driving the growth of global rice flour market. Rice flour is nutritious and is extensively used as an ingredient in foods such as breakfast cereals and premixes. Additionally, rice is the staple food for most of the population around the globe.

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The global market for rice flour has also been classified, by category, into organic and conventional. The conventional segment is expected to dominate the market due to the widespread use of conventional rice flour in the preparation of bakery & processed food products. However, the organic segment is expected to grow at a higher CAGR during forecast period owing to increasing preference and high inclination of consumers towards organic products. The awareness of the benefits of organic products is increasing among the consumers which is expected to drive the growth of the organic segment in the market.

Key Players

Some of the key players in the Global Rice Flour Market Are Associated British Foods PLC (UK), Ebro Foods, S.A. (Spain), Ingredion Incorporated (US), Archer-Daniels Midland Co. (US), Wilmar International Limited (Singapore), Bunge Ltd. (US), Whitworth Bros. Ltd.(UK), The Soufflet Group (France), Shipton Mill Ltd. (UK), KRÖNER-STÄRKE GmbH (Germany), Belourthe SA (Belgium), Bressmer & Francke (Gmbh & Co.) KG (Germany), and EDME Food Ingredients Limited (UK).

Market Scenario and Key Restraints

Based on Source, the global Rice Flour Market has been segmented into white rice and brown rice. The white rice flour segment accounted for the maximum market share in 2017 and is expected to grow at a higher rate during the forecast period due high fiber content in the white rice flour. High-fiber foods helps body to eliminate waste and helps lowering the cholesterol levels in the body. Additionally, the factors such as availability and high preference for white rice flour in Asia Pacific is expected to boost the market during the forecasted period. Brown rice flour is mainly preferred in North America, South America and Europe. Therefore, the brown rice flour segment is expected to account for a substantial share in these markets during the forecast period.

The global rice flour market is segmented, on the basis of application, the market is segmented into bakery & confectionary, breakfast cereals and premixes, baby foods, sweet & savory snacks and others. Bakery & Confectionary segment is expected to account for major share in the market, due to usage of rice flour as a substitute to wheat flour.

Regional Analysis

Based on region, the global rice flour market has been segmented by North America, Europe, Asia-Pacific, and RoW. Asia Pacific is expected to dominate the global rice flour market owing to the increasing prevalence of gluten intolerance and celiac disease, especially in Australia and Japan. Moreover, rice is considered a staple food in most parts of Asia Pacific such as China, India, Japan, Indonesia, and Thailand, which is also driving the growth of the regional rice flour market.

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The rice flour market in North America is expected to grow rapidly due to the increasing adoption of healthy, gluten-free diets by the rising health-conscious population. Emerging markets such as US and Canada are projected to contribute to the growth of the regional rice flour market.

Market Synopsis

Propolis is a resinous mixture gathered by honeybees in order to seal the unwanted open spaces in the beehive. The composition and color of propolis vary from hive to hive depending on the botanical sources, but dark brown is most common. Market Research Future (MRFR) has recently published a report asserting the global and U.S. propolis market is anticipated to project a steady CAGR of 3.5% during the forecast period of 2015-2021.

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Market Drivers and Restraints

The global and U.S. market for propolis is majorly driven by the rapid expansion of the bee farming industries and increasing demand for propolis in various industries such as pharmaceutical industry, health and food industry, cosmetic industry and others. The medicinal properties of propolis such as antifungal, antibacterial, antiviral and anti-inflammatory have created a wide range of application of propolis in the pharmaceutical industry, which is inducing the demand for propolis in the global and U.S. market.

The use of propolis as a varnish for stringed musical instruments and as a sealant for newly made bridges of those instruments is resulting in increased demand of propolis, leading to the expansion of the global and U.S. propolis market. Some chewing gum manufacturing companies are utilizing propolis to make propolis gum which is increasing the application range of propolis in the food industry.

The expansion of the global and U.S. propolis market is propelled by the increased usage of propolis in the pharmaceutical industry owing to its application in manufacturing antibacterial products for skin diseases and dental products that are used after dental surgeries, and also its immune system boosting properties. The application of propolis in the production of car wax is also fueling the expansion of the global and U.S propolis market.

Key Players

The key players of the global and U.S. Propolis Market are Apis Flora (Brazil), Comvita (New Zealand), Laprell’s Beehive Products, Inc. (Canada), Sunyata Pon Lee (Brazil), Bee Health Limited (UK), Wax Green (Brazil), Apiário Polenectar (Brazil), Manuka Health New Zealand (New Zealand), Zhifengtang (China), and Hi-Tech Natural Product India Ltd. (India) are some of the key players in the global propolis market.

Competitive Analysis

The increasing research and development expenditure to launch new products in the global market is strengthening the competition among the prominent players of the global and U.S. propolis market. The players in the global and U.S. propolis market are focusing on strategic mergers and acquisitions in order to expand their business to sustain the competitive environment of the global market.

Market Segmentation

The global and U.S. propolis market has been segmented on the basis of application, industry, and treatment. By application, the propolis market is segmented into food, skin cream, and musical instruments. Based on industry, the propolis market is segmented into pharmaceutical industry, health, and food industry. By treatment, the market is segmented into dental treatment and skin disease.

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Detailed Regional Analysis

The North America region is dominating the propolis market due to the presence of a large number of major propolis manufacturers in this region. The expansion of the propolis market in this region is also influenced by the rapid growth of the bee farming industry in North America. The increasing application of propolis in pharmaceutical and cosmetic industries is fueling the expansion of the propolis market in this region.

The Europe region is considered to be an emerging market for propolis. The increasing research to understand the medicinal properties of propolis is driving the expansion of the propolis market in this region. The market in the Europe region is anticipated to project noteworthy growth during the forecast period.

Propionic Acid Market Overview:

The global Propionic Acid Market is expected to garner a revenue of USD 2 billion by 2024, with a CAGR of approximately 7% during the forecast period, 2019–2024. The global propionic acid market has seen a potential growth over the past few years and it has been analyzed that during the forecast period the global market will grow on a rapid pace. Rising demand of preservative food is one of the major growth factor of global propionic acid market. Increasing usage of propionic acid in the application areas such as preservative, animal feed, flavoring agent, pharmaceuticals, others has increased the demand of propionic acid. Propionic acid helps in preventing the food from getting fungal and bacterial infection also it is widely used in animal feeding and in flavoring agents.

Key Players

BASF SE (Germany), Dow (US), Eastman Chemical Company (US), OXEA GmbH (Germany), Perstorp Orgnr (Sweden), Krishna Chemicals (India), Celanese Corporation (US), BIOMIN Holding GmbH (Austria), A.M. Food Chemical Co. Ltd (China), DAICEL CORPORATION (Japan), Kemin Industries Inc (US), Niacet (US), and Impextraco NV (Belgium) are some of the key players in the global propionic acid market.

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Segmentation:

The global propionic acid market is segmented based on application and end-use industry. Based on the application, the market is segregated into animal feed & food preservative, propionates, herbicides, plasticizers, rubber products, and others. The market by end-user is further bifurcated into agriculture, food & beverage, personal care, pharmaceuticals, and others.

Regional Analysis:

The propionic acid market is spanned across the five regions of Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Europe is the leading region in the global propionic acid market on account of the favouring regulations and growth for animal feedstock.

North America is anticipated to grow at a significant CAGR on account of the high demand for the product from pharmaceuticals and food & beverage industry in this region.

Asia Pacific is expected to be the fastest emerging region due to the high demand for propionic acid as animal feedstock, herbicide and food preservative from major agricultural countries in this region.

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Overview and Growth Factors      

The market of Global Pasta Sauces has been divided based on category into conventional, and organic. Among the category, conventional segment is expected to account for the maximum market proportion in the global pasta sauce market and projected to witness a moderate growth rate during the forecast period. Economical pricing is the major factors for the rising growth for conventional pasta sauces market.

Based on packaging, the global Pasta Sauces Market has been segmented into bottles & jars, pouches, cans, and others. Bottles & jars segment is estimated to account for the maximum market share in the global pasta sauces market. Pouches segment is projected to expand at a high growth rate during the forecast period.

Key Players

Some of the key players in the global Pasta Sauces Market are Mizkan Co.(Japan), Barilla S.p.A.(Italy), Mars Incorporated (US), ConAgra Foods, Inc.(US), The Kraft Heinz Company (US), Amy’s Kitchen (US), Newman Own Co.(US), B&G Foods Holdings Corp.(US), Premier Foods PLC (UK), and Campbell Soup Company (US).

Market Scenario

Based on the distribution channel, the global Pasta Sauces Market has been segmented into store-based, and non-store-based. Store-based distribution channel is estimated to hold significant market share both in developed and developing economies. Store-based distribution channel is further segmented into supermarkets & hypermarkets, convenience stores, and others. Among the store-based distribution channel, supermarkets & hypermarkets segment is projected to witness high growth as compared to the other segments. Due to the changing lifestyles of the people, consumers are more inclined to buy the products from the supermarkets & hypermarkets instead of normal grocery shop. Increasing per capita disposable income of the consumer is also anticipated to be significant factor for the increasing growth of organized retail sector. Supermarkets & hypermarkets are chosen by the manufacturers in order to promote their products easily and also to reach more customers. However, non-store-based distribution channel is projected to expand at a high pace soon.

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Based on product type, the global Pasta Sauces Market has been segmented into tomato-based sauces, pesto-based sauces, alfredo-based sauces, Bolognese sauces, and others. Tomato-based sauces have been further segmented into traditional sauces, marinara sauces, and others. Among the product type, tomato-based sauces are expected to account for the major market share in the global Pasta Sauces Market throughout the forecast period. Ease of availability and economical pricings are the major factors for the highest market share of tomato-based sauces.

Segmentation

The global Pasta Sauces Market has been segmented based on product type, category, packaging type, distribution channel, and region.

By product type, the global Pasta Sauces Market has been segregated into tomato-based sauces, pesto-based sauces, alfredo-based sauces, bolognese sauces, and others. Tomato-based sauces have been further segmented into traditional sauces, marinara sauces, and others.

The global Pasta Sauces Market has been classified on the basis of category into conventional, and organic.

The global Pasta Sauces Market has been classified on the basis of packaging type into bottles & jars, pouches, cans, and others.

The global Pasta Sauces Market has been classified on the basis of distribution channel into store based, and non-store based. Store-based distribution channel has been further segmented into supermarkets & hypermarkets, convenience stores, and others.

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Regional Analysis

The global Pasta Sauces Market has been segmented by North America, Europe, Asia-Pacific, and the rest of the world.

Europe region is expected to retain its dominance throughout the forecast period in the global pasta sauces market. Increasing growth of organized retail sector along with the rising consumer inclination towards the convenience food is anticipated to stimulate the growth of Pasta Sauces Market across the Europe. Among the European countries, Italy is estimated to retain its dominance throughout the forecast period of 2018-2023.

Market Overview

Okra is a green flowering plant which has the same plant family as cotton and hibiscus. Okra seeds are usually grown in tropical and sub-tropical regions. The latest report published with MRFR analysis on okra seeds market suggests that it is estimated to record a CAGR of 9.8% during the forecast period. The global Okra Seeds Market is anticipated to garner a market revenue valuation of USD 352.7 Million by the end of the forecast period of 2018-2023.

There are many market drivers and restraints mentioned in the latest analysis published by Market Research Future (MRFR). The availability of total arable land is taking a nose dive. This, coupled with increased instances of crop losses, is promoting demand for hybrid seeds. Mounting demand for high-quality okra seed is also propelling growth in the global okra seeds market. Consumption of okra has many health benefits, which is proliferating the use of okra among the health-conscious consumers, snowballing growth in the global okra seeds market.

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Key Players

The global okra seeds market is influenced by many prominent players, as profiled in the latest report by MRFR. These noteworthy players include W. Atlee Burpee & Co (US), Maharashtra Hybrid Seeds Company Private Limited (India), Kitazawa Seed Company (US), Sakata Seed Corporation (Japan), Alabama Farmers Cooperative, Inc (US), Syngenta AG (Switzerland), Mahindra Agri Solutions Pvt. Ltd (India), Western Bio Vegetable Seeds Ltd (India), UPL Limited (India), and Terra Agro Biotech Pvt. Ltd (India).

Market Segmentation

MRFR studies the global okra seeds market for segmentation carried out on the basis of category and region. Based on category, the global okra seeds market is segmented into conventional okra seeds and organic okra seeds. The conventional okra seeds segment is likely to be at the forefront of the global market. The conventional okra seeds market held around 90.5% share of the global okra seeds market in 2018. Such market domination can be owed to the use of open-pollinated and traditional varieties. The conventional okra seeds segment is anticipated to exhibit an intense growth graph through the forecast period. The segment is projected to record a valuation of USD 317.7 million by the end of the review period.

Alternatively, the organic okra seeds segment is expected to grow at the highest rate during the conjectured time period. It is estimated to register a CAGR of 10.7% between 2018-2023.  This fast-paced growth can be attributed to the changing consumer preference, in favor of organic fruits and vegetables.

 Detailed Regional Analysis

The global okra seeds market is segmented on a regional basis into Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific is projected to possess the largest share in the global okra seeds market, registering a 9.6% CAGR during the review period. The regional market for okra seeds is also anticipated to reach a market valuation of 222.9 million by the end of 2023. The market in Asia Pacific seems highly fragmented, owing to the presence of many small-scale okra seeds manufactures present in the region. Pakistan, Malaysia, Philippines, and India are some of the leading country-specific markets in the region. India is expected to spearhead the regional okra seeds market.

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The Rest of the World segment is expected to follow the APAC and hold the second largest share in the global okra seeds market. Growth in this region can be attributed to the mounting production and demand or GM seeds. A surge in the adoption of hybrid and disease-resistant seeds is also likely to promote growth in the regional okra seeds market.

North America is assessed to register significant growth during the forecast period. Mexico is anticipated to lead the country-specific okra seeds market in North America. This can be owed to high cultivation of okra in the country.

Market Scenario and Key Restraints

In the Global Market there are numerous types of oat-based cereals available for consumption. The demand for oat-based cereals rely on factors such high nutrition and hunger satisfaction. Oats have high nutritive value which is required for the metabolism of human body. It acts as a rich source of dietary fiber, especially β-glucan, essential amino-acids, unsaturated fatty acids, vitamins, minerals, and antioxidants. Oat bran is the outer shell of the oat seeds and its demand is growing since it is a good source of B complex vitamins, protein, fat, minerals and β-glucan.

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The global oat-based cereals market has been divided, by category, into organic and conventional. The conventional segment is expected to dominate the global oat-based cereals market during the forecast period. Oat crops are widely grown in the conventional form due to the ease in bulk production and offer the highest profit margin. Moreover, easy availability of conventionally grown cereal crops and its reasonable pricing are aiding to the global demand for conventional oats-based cereals. The organic segment is expected to grow at the fastest rate during the assessment period since demand for cereal crops grown in organic environment without the use of harmful chemical fertilizers or pesticides is growing among the health-conscious consumers as a safe alternative.

The global market for oat-based cereals has also been classified, by distribution channel, into store-based and non-store based. The store-based segment has been further segregated into hypermarkets and supermarkets, convenience stores, convenience stores, and others. The store-based segment is expected to generate higher revenue, with the hypermarkets and supermarkets sub-segment being the largest due to strong vendor networks, high product appeal due to lucrative packaging and easy availability. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase

Key Players

Some of the key players in the global Oat-Based Cereals Market are PepsiCo, Inc. (US), Post Consumer Brands, LLC (US), Kellogg Company (US), Nestlé S.A. (Switzerland), General Mills, Inc. (US), Hodgson Mill, Inc. (US), The Hain Celestial Group, Inc. (US), Back to Nature Foods Company, LLC (US), Weetabix Ltd (UK), and Topco Associates LLC (US).

Segmentation

The global oat-based cereals market has been segmented based on type, category, packaging type, distribution channel, and region.

By type, the global oat-based cereals market has been segregated into muesli/granola, flakes/bran, instant oats, and others.

The global oat-based cereals market has been classified as category, into organic and conventional.

Based on packaging type, the global oat-based cereals market is segmented into cartons, pouches, and others.

Based on distribution channel, the global oat-based cereals market has been divided into store based and non-store based. The store-based segment has been further segregated into hypermarkets and supermarkets, convenience stores, and others.

Regional Analysis

The global oat-based cereals market has been segmented by North America, Europe, Asia-Pacific, and the rest of the world.

The oat-based cereals market in North America is expected to dominate during the forecast period Large number of young and working population of the region inclining towards convenience food for nutrition and growing number health concerns due to unhealthy snacking have resulted in the change of consumer preference towards healthy food. Moreover, preference for tasty and flavored food is also expected to fuel the regional market growth during the forecast period.

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Asia-Pacific is expected to be the fastest growing region in the oat-based cereals market during the forecast period. Change in breakfast consumption patterns and increased consumer taste towards nutritional food are few of the primary factors expected to influence the regional market growth during the forecast period.

Market Highlights

Macadamia nuts, also known as Queensland nuts, bopple nuts, bauple nuts, and Australian nuts, belong to the proteaceae family. Macadamia kernels are used in many food and personal care products which is expected to boost the demand for macadamia nuts market in the future.

The personal care segment is anticipated to exhibit the highest CAGR during the forecast period. There has been a significant increase in demand for Macadamia Nuts Market in haircare products as they make the texture of hair softer and moisturize the scalp. Macadamia nuts are also enriched with vitamins such as thiamine (B1), riboflavin (B2), retinol (A1), and niacin (B3), which help in maintaining skin health.

Key Players

Some of the key players in the global macadamia nuts market are-

  • Alimentos Selectos S.A. (Guatemala)
  • Hamakua Macadamia Nut Co Inc. (US)
  • Royal Macadamia (Pty) Ltd (South Africa)
  • Golden Macadamias (South Africa)
  • Kenya Nut Company Ltd (Kenya)
  • Mauna Loa Macadamia Nut Corp (US)
  • MacFarms (US)
  • Nambucca Macnuts Pty Ltd (US)
  • MWT Foods Australia (Australia)
  • Wondaree Macadamias (Australia)

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Segmentation

The global macadamia nuts market has been segmented based on type, category, and application.

Based on type, the global macadamia nuts market has been segmented into whole, halves, whole and half blends, chips, and others. The whole segment is expected to account for the largest market share during the forecast period. Whole macadamia nuts are widely available and used in various food items such as chocolates, biscuits, and cakes, and ice cream. The segment is also expected to register the highest growth rate owing to the increasing awareness about the versatility of macadamias in the food & beverage and personal care industries.

The global macadamia nuts market has been classified, by category, as organic and conventional. The conventional segment is expected to be the larger market owing to the easy availability and lower prices of conventional macadamia nuts as compared to organically grown nuts. However, the organic segment is projected to register the higher CAGR during the forecast period due to the rising inclination of consumers for organic products.

The global macadamia nuts market has been segmented, by application, into food & beverage, personal care, and others. The food & beverage segment is projected to account for the largest share of the global macadamia nuts market due to the widespread use of macadamia nuts in the bakery and confectionery, dairy and frozen desserts, and culinary segments, among others. Additionally, there is an increasing demand for macadamia oil in cosmetics and personal care products such as lotions, shampoos, and moisturizers for the natural antioxidant properties and high levels of palmitoleic acid.

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Regional Analysis

The Global Macadamia Nuts Market has been segmented, based on region, into North America, Europe, Asia-Pacific, the rest of the world.

Asia-Pacific is expected to dominate the global macadamia nuts market owing to the large-scale consumption of macadamia nuts in the region. China, New Zealand, and Australia are major consumers of macadamia nuts, which find application in various regional food preparations.

The market in North America is expected to grow at the fastest pace due to the rising consumption of macadamia nuts in the region.

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