Tag Archives: market research

Global Food Waste Recycling Machines Market: Restaurants to Stay at the Forefront of Demand as Enhancing Profitability Gains Momentum

DUBLIN 2, Ireland, 05-Nov-2018 — /EPR FOOD AND BEVERAGE NEWS/ — Fact.MR’s recent study on food waste recycling machine market foresees a promising growth, driven by proactive initiatives for fostering environmental sustainability. An amalgamation of pivotal aspects, ranging from launch of legislation around food waste to rising proclivity for recycling activities, is anticipated to underpin growth potential of the market. Global sales of food waste recycling machines are likely to reach 10,890 units in 2018, up from 10,356 units in 2017.

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The Fact.MR research study opines that the demand for food waste recycling machine has taken off in recent years, as a result of challenges associated with traditional composting methods. Rapid gravitation toward minimizing disposal costs and curbing noxious emissions have been identified as key drivers. 

Restaurants to Stay at the Forefront of Demand as Enhancing Profitability Gains Momentum

Shift from landfills to waste-to-energy plants is evolving as a prominent waste management trend, which is offering numerous opportunities for the food waste recycling machine manufacturers.

Sales of food waste recycling machine have remained concentrated in the restaurants industry, driven by efforts to scale up their bottom lines. This buoyancy of restaurants in the food waste recycling machine market continued in 2018 as well, with volume sales likely to exceed 2,500 units. Sales are also complemented by growing adoption in hotels and supermarkets, according to the study.

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North America maintains its lead as the largest food waste recycling market, with volume sales set to surpass 3,000 units in 2018. Attempts to foster recycling activities have taken off at the federal level in the U.S. and Canada, in the wake of a huge ratio of food wastage per capita. APEJ and Europe are likely to be the second and third most attractive market, owing to sweeping concerns for efficient food waste management, estimates the research study.

The food waste recycling machine market has a wide-spread presence of small and unorganized players, with consolidation of regional presence being their key strategic lever. The top 5 players hold around 20% of the revenue share and are focused on commercialization of small capacity machines, especially 0-50 kg/day’ and ’50-100 kg/day’. These players are focusing on new product development and facility expansion in a bid to retain their buoyancy in the market space, finds the report. 

Manufacturers to Thrive on Untapped Opportunities with Value-based Offerings

The manufacturers of food waste recycling machine are focusing on fostering their foothold with value-based offerings, unveils Fact.MR study. For instance, Whirlpool introduced ‘Zera Food Recycler’, which converts the food scraps into organic fertilizers in a time span of 24 hours. This offering has been introduced with the pervading trend of converting food waste into reusable commodities.

The demand for food waste recycling machine in emerging regions is growing at a healthy rate; however, bulk of the sales remain concentrated in China and India. The cost-sensitivity of end-users in emerging regions of Africa and Latin America, combined with lax regulations on food recycling, have meant that sales have remain limited in these markets.

“Large-scale machines, comprising of high power consuming components in their peripheries, are highly likely to witness a substantial decline in demand amid the end-users, posing challenges for the growth trajectory”, Senior Analyst, Fact.MR

The Fact.MR research study analyzes the growth of food waste recycling machine market for the period of 2018 to 2028. As per the report, the market is likely to proliferate at a CAGR of 7.1% through 2028.

The Report is available for Direct Purchase at https://www.factmr.com/checkout/2266/S 

SOURCE: EuropaWire

Global Cocoa Market: Europe stands as the largest cocoa beans consumer – way ahead of North America and Asia Pacific regions

Global Cocoa Market Y-o-Y Growth Analysis by B2B, 2017 and 2028

DUBLIN 2, Ireland, 23-Oct-2018 — /ERP FOOD & BEVERAGE NEWS/ — A recent study by Fact.MR on the Europe cocoa market brings interesting insights to the fore. The comprehensive report by Fact.MR tracks cocoa production and consumption across key European markets. The report is available for direct purchase, however, a sample of the report has been made available by Fact.MR at

https://www.factmr.com/connectus/sample?flag=S&rep_id=44

According to the report, Europe stands as the largest cocoa beans consumer – way ahead of North America and Asia-Pacific regions. Europe has seven of the top ten chocolate consuming countries in terms of per capita. Netherlands, France, Belgium, and Germany are the key importers as well as consumers of cocoa. While food and beverages remains the key sector using cocoa, the demand is also growing in pharmaceutical, cosmetics, and personal care industry.

Cocoa Powder Outsells Butter and Liquor Variants

The Fact.MR study opines that cocoa powder demand has been growing at a faster pace in the region, over cocoa butter and cocoa liquor. Fact.MR estimates that cocoa supply has been in surplus in Europe since past several years, owing to a straight growth in demand. The stakeholders in the European cocoa market most importantly the manufacturers of finished products, are gauzing the consumer sentiments well, and hence keeping their inventory levels satiated.

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One of the key factors driving the European cocoa consumption is the blend of tradition and innovation in the cocoa products processing. Europeans prefer chocolate in the form of both bars and drinks. European consumers are not only concerned about their intrinsic health, but also have a great concern for their skin. This factor has kept aloft the demand for cocoa butter in the European cosmetics industry. Because cocoa is edible and its taste is liked by the European masses, its application in lip balms is not uncommon. Besides, the European cosmetics companies are also increasing the number of their products such as body lotions and facial creams having cocoa as an ingredient.

European drug shelves crowd a range of nutraceutical and health supplement products with cocoa. Chocolate is one of the most identical flavor to European neutraceutical consumers, due to which the demand of cocoa in this industry. The research works on cocoa has stated the favorable impact of cocoa in the cardio-metabolic diseases, which motivates the European medical advisors and consultants to encourage their customers and clients to use cocoa based pharmaceutical products. These factors are likely to provide an impetus to the growth of Europe cocoa market.

Besides, individual fondness of cocoa, there are several activities that further aggravates the interest levels of stakeholders in this industry. Food and beverages trade fairs in Europe are one of the prime drivers of cocoa demand in the region. Finland is one of key countries organizing such events, which includes Wine, Food & Good Living, e-Commerce and Shop Tech, and Gastro Helsinki. In Wine, Foods & Good Living exhibition, there are significant number of stands for beverages cocoa. The e-Commerce and Shop Tech exhibition trade fair brings the industry stakeholders at a common place to web a mesh of planning heads. Gastro Helsinki is a trade fair that focuses on bringing hotels, restaurants, and catering industries on a discussion platform. Some of the other trade fairs and events promoting cocoa and chocolate in Europe include Salon du Chocolat (France), Intersuc (France), Sial (France), Chocoa Trade Fair (Netherlands), Eurochocolate (Italy), and BioFach (Germany). These events have helped rejuvenated the interest and thus demand for cocoa and cocoa products in the region.

About the Report

Fact.MR’s report on cocoa market offers a pragmatic and comprehensive analysis that are influencing demand and supply in Europe and beyond. The research study tracks the consumption and production of cocoa in Europe. An in-depth analysis on the product and business strategies of key players has been included in the research study.

SOURCE: EuropaWire

Global Tilapia Market Study: The escalating #US-China #tradewar can have an impact on tilapia sales in the US, as #China is one of the largest #exporters to the US

Tilapia Export and Domestic Market Price Forecast, US$ per KG

DUBLIN 2, Ireland, 23-Oct-2018 — /EPR FOOD & BEVERAGE NEWS/ — Fact.MR, a leading research firm that tracks markets in over 150 countries, announces the launch of its recent study that offers an in-depth analysis on the global tilapia trade. The 170-page report is a comprehensive source of insights that tracks the production and consumption of tilapia in key markets, including the US, China, Canada, France, UK, and Spain. The Fact.MR study is available for direct purchase; readers also have the option of requesting a sample of the report.

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The Fact.MR study offers in-depth analysis on the key factors influencing tilapia sales. Key insights from the report:

  • China, the largest producer of tilapia, accounted for nearly 28% of global production in 2017
  • Production is increasing in Egypt and Indonesia – collectively, these two markets accounted for over 36% of global production in 2017
  • Declining consumption in key markets are putting strains on profit margins of key players
  • Low profit margins are influencing tilapia farmers to focus on other specialty fishes, such as pangasius
  • The sluggishness in US tilapia consumption is offset, to a certain degree, by increase in Russian Federation and increasing domestic consumption
  • Tilapia exports remain concentrated in the frozen variety – over 80% of total US demand for tilapia was for frozen variants
  • Sensing the weak demand in US, Asian producers are focusing on increasing their footprint in domestic markets

China: The World’s Largest Producer of Tilapia 

China remains the single largest supplier of tilapia to the world, however, it is facing increasing competition from other Asian countries, including Bangladesh, Vietnam, Egypt, and Indonesia. Faced with declining demand in the US, Chinese producers are focusing on increasing their footprint in Africa. Further, rising domestic demand in China has also offset some of the weakness encountered due to declining consumption in the US.

Tilapia Production by Key Countries (‘000 KT)
2015 A 2016 A 2017 A 2022 F 2028 F
Greater China 1,850 1,930 1,989 2,313 2,580
Indonesia XX XX XX XX XX
Egypt XX XX XX XX XX
Philippines XX XX XX XX XX
Vietnam XX XX XX XX XX

(A: Actual; F: Forecast)

Speak to the authors of this report for more information on redacted figures.

United States: The World’s Largest Consumer of Tilapia

Tilapia sales in the US are witnessing a decline, after gaining popularity as a low-cost seafood option for Americans. Although tilapia is still one of the popular seafood varieties in the US, the overall decline in frozen food products is rubbing off on tilapia as well. The escalating US-China trade war can have an impact on tilapia sales in the US, as China is one of the largest exporters to the US. According to the Fact.MR study, sales of fresh/chilled tilapia fillets and whole tilapia is likely to witness a decline in the US.

Tilapia Market: A Highly Fragmented Landscape 

The tilapia market remains highly fragmented, with tier III companies accounting for over 50% revenue share. Consumer preference towards fresh tilapia is met through domestic production, especially in China and Asian countries, especially in countries where consumption is less than production. Further, stringent regulations on the export of tilapia mean that small fish farmers rely on local sales.

According to the Fact.MR study, product diversification and compliance to regulations in developed countries are the key focus areas of Tier I and Tier II players. These players are also focusing on issues that are of paramount importance to their target audience, such as eco-labeling and low use of antibiotics.

The Fact.MR study on the tilapia market tracks the business and product strategies of the key producers, suppliers, and other stakeholders. The key companies profiled in the Fact.MR report include,

  • Baiyang Aquatic Group
  • Blue Ridge Aquaculture, Inc.
  • Global Fish
  • Guangdong Guomei Aquatic Products Co.
  • Hainan Sky-Blue Ocean Foods Co.
  • Hainan Xiangtai Fishery Co.
  • Hanjiang Evergreen Aquatic Product Science and Technology Co Ltd.
  • Hebei Zhongjie Tilapia Breeding Co. Ltd.
  • Mazzetta Company, LLC.
  • Northern Tilapia Inc.
  • Sunshine Tilapia Corp.
  • Til-Aqua International
  • Tongwei Co.

170 Pages, 48 tables, 94 figures, 50+ countries. Get a copy of the report now.

About the Report

Tilapia Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” focuses on prominent trends in the production and consumption of tilapia in key regions. The vital facets of the market including market drivers, restraints, opportunities, and threats have been diligently analyzed in this market. The report also profiles the business and product strategies of some of the leading players in the market.

SOURCE: EuropaWire

Europe Halloumi Cheese Market: Brands are Positioning Halloumi Cheese as a Healthy Alternative to Conventional Cheese

DUBLIN 2, Ireland, 16-Oct-2018 — /EPR FOOD & BEVERAGE NEWS/ — Glancing through the dairy segment of retail aisles in Europe offers a clear comparison of preference for halloumi cheese than other cheese varieties. According to a Fact.MR study on halloumi cheese market76% of modern trade outlets and 92% of online grocery retailers had halloumi cheese in their offerings.

Not only has the consumer base expanded, but per capita consumption of Halloumi cheese has also witnessed an increase

Ease of availability is a key factor that has led to an increase in halloumi cheese sales worldwide, particularly in Europe. The Fact.MR study includes an analysis on the sentiments of retailers who did not have halloumi cheese in their product offerings – nearly 48% of the Eastern European retailers mentioned ‘increased customer enquiry’ about the availability of halloumi cheese over the past two years.

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Furthermore, not only has the consumer base increased, but the per capita consumption has also surged in Europe. Apart from Cyprus, which is a clear outlier in terms of per capita consumption of halloumi cheese, average consumption in Europe stands slightly less than a pound per year.

Halloumi Cheese Demand Growing on the Backdrop of Specialty Cheese Preference

Along with increased consumer base and per capita consumption of halloumi cheese in Europe, there’s an another dimension that plays a critical role. “It’s the variety of specialty and halloumi cheese which consumers are inclined towards. “Organic” has become another buzzword these days, which is mostly due to increased health consciousness and lifestyle changes among consumers, says Mr. Shambhu Nath Jha, Senior Consultant at Fact.MR. “The selection process of grocery products has widely changed among several consumer clusters, as they are moving away from lucrative offers toward products with added health benefits. Labels and certifications on cheese products were not as important to consumers earlier as they have become now,” adds Mr. Jha.

Digital Visibility Acting as a Catalyst for Halloumi Cheese Sales in Europe

One of the key reasons for increasing demand for halloumi cheese is its increasing presence on e-commerce shelves. This has had a significant impact on awareness about the product.

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“Specialty online channels are gaining popularity across Europe, owing to significant consumer demand for specialty products from Tier II and suburban areas. Online grocery retailers have broadened the access of their offerings to reach a wider demographic. The ease of access provided by online channels has led to the multi-dimensional growth, which has augured well for the prospects of halloumi cheese producers,” opines Mr. Jha.

Halloumi cheese has been growing at double-digit growth rate through online retail, and it is further expected to increase in the years to come. Developing countries, especially India and China, have gained significant traction in the online grocery sales and due to this, several cheese manufacturers and traders have partnered with specialty online stores.

Brands are Positioning Halloumi Cheese as a Healthy Alternative to Conventional Cheese

“The reason halloumi cheese sells like hot cakes across Europe is because it’s so moreish. However, a question even avid consumers ask is, “It tastes so good, but can it, in some way, be healthy? And, the answers are encouraging. Halloumi cheese is an excellent source of calcium and protein, and moderate intake can be advantageous,” says Mr. Jha.

Halloumi cheese producers are leveraging these attributes of the product in marketing, and positioning it as a healthy alternative to conventional cheese. However, it’s worthwhile to note that halloumi cheese is high in saturated fats and salts, and too much of halloumi cheese consumption can aggravate certain health conditions. There are cheese variants that are healthier than halloumi – feta, mozzarella, and cottage cheese. However, halloumi is considered as a healthier option than goat cheese and cheddar cheese

Burgeoning Demand Exerting Pressure on Production Capacities

Halloumi cheese is native to Cyprus, however, the surge in its demand globally has encouraged the local dairy producers in other European and non-European countries to produce it domestically. As a result, foray of new players has been witnessed in the halloumi cheese market. The burgeoning demand for halloumi cheese in Europe, especially in the UK, has catalyzed efforts to implement a genomic scheme to boost production in Cyprus. “The way forward for greater halloumi production is industry-institution collaboration,” concludes Mr. Jha.

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SOURCE: EuropaWire

Study: Increasing preference for convenience and premium #food products among European consumers results in the increasing use of emulsifiers

DUBLIN 2, Ireland, 11-Oct-2018 — /EPR FOOD & BEVERAGE NEWS/ — The unwavering consumer focus on personal variables such as effects of aging, being conscious about self-image and physical attractiveness has been capitalized by personal care product manufacturers, and as an outcome, new personal care and cosmetic products are introduced to the market on every day basis. Furthermore, personal care and cosmetic product manufacturers have also shifted towards ingredients that impart multi-functional properties to products. Among various types of such ingredients, including but not limited to, modifiers, emollients, and stabilizers, emulsifiers and co-emulsifiers are witnessing a surge in demand, especially from the cosmetics and personal care in Europe. According to a Fact.MR study, Europe accounts for nearly 40% revenue share of the global emulsifier and co-emulsifier market.

Food emulsifiers and co-emulsifiers are classified into broader categories i.e. synthetic and natural emulsifiers or bio-based emulsifiers. According to the Fact.MR study, of the total 464 KT demand for emulsifier and co-emulsifier in Europe in 2017, the difference between bio-based emulsifier and synthetic emulsifier was insignificant. Synthetic emulsifiers and co-emulsifiers lead the pack currently, however, demand for bio-based variants is encouraging, signifying shifting consumer preferences.

Bio-based emulsifiers have the advantages of being economic to the scale of production, are non-toxic, and easy to handle. According to Fact.MR’s study, demand for bio-based emulsifiers is likely to witness a surge on account of these attributes. However, the study opines that challenges, especially large volume needed to be effective as emulsifier, along with the need for preservative while using these natural emulsifiers can stymie uptake.

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Although the Fact.MR study remains bullish on the long-term prospects of emulsifier and co-emulsifier market, adoption of feasible alternatives by the food processing and personal care industry can impede growth. The effectiveness of new baking enzymes, such as lipases & transglutaminase, can offset the demand for emulsifiers and co-emulsifiers. This enzyme helps in cross-linking the gluten proteins as well as improves the stability and consistency of the dough. Enzymes are proving to be a better alternative to emulsifiers owing to their cost-effectiveness. These enzymes are of utmost importance with regards to mixing, handling and fermentation stages of dough.

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The myriad properties of emulsifiers — stabilized emulsions, homogeneity in creams and solutions, and stabilization in the anti-aging as well as hydrating creams — make these a perfect fit as an ingredient. Additionally, the market actors at different nodes in the value chain understand the relevance of keeping product development in sync with the end user demand, be it the base ingredient or additives for formulation. For instance, as skin care formulations are becoming stronger, formulators are focusing on manufacturing multi-functional and effective emulsifiers that enable development of sophisticated personal care products.

Europe’s Food Sector Energizing Emulsifier Demand

Emulsifiers also find application as a food additive, wherein these are used for maintaining product quality by retaining the fat content. Increasing incidences of food borne diseases has pushed food processors to use emulsifiers and co-emulsifiers of different source, grade, and quality.

Increasing preference for convenience and premium food products among European consumers is resulting in the increasing use of emulsifiers. Demand for emulsifiers has also received a fillip on account of the broader health and wellness trend, as emulsifier use can help manufacturers reduce fat content while improving texture and taste.

Along with fat retention, emulsifiers also help maintain overall quality of the food, which has boosted their uptake in the food processing industry.

Food brands across Europe are increasing the use of emulsifiers and co-emulsifiers in their products, to prolong shelf life, reducing enzyme attack kinetics as well as prevent food decomposition. FDA and several other organizations have enacted a set of safety norms in order to regulate the use of food preservatives. Industry leaders in food processing and ingredient supply are investing in research and development for formulations that are healthy, and do not carry risk of side-effects – Cargill’s new innovation of de-oiled canola lecithin in its product range of emulsifiers stands as an apt example.

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SOURCE: EuropaWire

NON-DAIRY TOPPINGS MARKET: THE NUMBER OF EUROPEANS PREFERRING NON-DAIRY DAIRY PRODUCTS HAS INCREASED SIGNIFICANTLY OVER THE YEARS

DUBLIN 2, Ireland, 10-Oct-2018 — /EPR FOOD & BEVERAGE NEWS/ — The Europe non-dairy toppings market revenues continue to head north, as the growing vegan population ramps up demand for non-dairy ingredients. Shelves and aisles across European retail stores and hypermarkets have been observed with heightened penetration of dairy-free ice-creams. Higher visibility of non-dairy products on retail shelves substantiate the heightened demand for ingredients used to process such products, and non-dairy toppings are no different. Over the years, the number of Europeans preferring non-dairy dairy products has increased significantly, and by second quarter of 2018, over one percent of European population was identified to be vegan, says a report published by Fact.MR on non-dairy toppings market.

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A Potion out of Niche – Translating Vegan Folks to Value

The number of vegan population in the UK alone has increased by 350% within a decade. Among the people who have embraced veganism in the U.K., nearly 63% are women. Observing this shift, leading UK retailers such as Sainsbury’s and Tesco have introduced new range of vegan products. While the demand for vegan products and ingredients has amplified in Western Europe, frozen desserts and ice-creams are witnessing a surge in demand.

According to Fact.MR’s study, the popularity of non-dairy products is relatively higher in Germany, with over 60% of the Germans showing interest in non-dairy ice creams and frozen desserts wherein non-dairy topping is used for processing. Non-dairy ice cream ingredients which accounted for a mere 1% of the total ice cream ingredients demand in 2012, have grown up to sizeable 8% share in a span of five years in Western European countries.

The non-dairy toppings market has also been aided by celebrity endorsements and word-of-mouth by influencers on social media. This population base has translated into a sizable market for non-dairy topping producers, which have realigned their strategies to leverage the unfolded white space in European food & beverages market.

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Lactose-averse Individuals Supplementing Non-dairy Toppings Demand

People who opt for non-dairy topping based products had to compromise with their choice of food, and lactose intolerant population group forms the leading chunk of this population group. Lactose intolerant individuals are allergic to food that contains dairy products, and are on targeted dietary plan such as Whole30 and the Paleo diet. With about 65% of European population reckoned to be lactose intolerant, and North European countries leading the list, the widespread preference and adoption for non-dairy topping is evident.

Furthermore, companies engaged in production of dairy based products also received consumer feedback of introducing key brands in non-dairy variants, and a few handful of market actors considered. European food & beverages market witnessed over 35 such product launch in last six quarter with non-dairy claims and almost 15 of those using non-dairy toppings.

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SOURCE: EuropaWire