According to Renub Research report “Industrial Enzymes Market, Global Forecast, Impact of COVID-19, Industry Trends, Growth, Opportunity By Types, Company Analysis” the Global Industrial Enzymes Market is expected to reach US$ 17.4 Billion by 2027. Enzymes are proteins that catalyze chemical resistance. As such, enzymes have been extensively used to facilitate industrial processes and create products, and these enzymes are referenced as industrial enzymes. Industrial enzymes are also increasing since they are being used in the production of biofuel and biopolymers. Yeast and E. coli of enzyme engineering is a powerful way to obtain large amounts of enzyme for biocatalysis to replace traditional chemical processes.
How COVID-19 Impact helped Enzymes Industry Growth The COVID-19 crisis is to have a positive impact on the global industrial enzymes market. This is attributed to the increase in demand for enzymes in nutritional & immunity boosting products, a rise in consumer focus on household care, and an upsurge in in-house food consumption. Thus, the overall impact is to remain positive for key market players in the industry due to increased awareness about preventive health and dietary solutions & formulations that support immune health over the entire pandemic phase. Factors Driving the Industrial Enzymes Market Worldwide, the expanding environmental concerns and rise in demand for bioethanol and advancements in R&D activities are oriented to the growth of the industrial enzymes market. In addition, the development in enzyme engineering & green chemistry and the introduction of genetically engineered enzymes have increased industrial usage globally. Some of the other factors the rising need for a sustainable solution, improvement in biotechnology sectors, inclination towards protein engineering among the vast population, and introduction of probiotic products. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=industrial-enzymes-market-p.php Plant-derived Enzymes have High Growth Potential Based on type, the industrial enzymes market involves Amylases, Carbohydrases, Cellulases, Proteases, and Lipases. Carbohydrases enzymes are utilized in various industries, including animal feed, food and beverages and pharmaceuticals. Carbohydrases are predominantly applied as an impetus for transforming carbohydrates into sugar syrup, including glucose and fructose, which are further appropriated in the pharmaceutical, food, and beverage industries. Although protease is mostly used for protein breakdown, catalytic hydrolysis of protein peptides to amino acids, detergents, chemicals, and photography, serine, aspartate, threonine, glutamic acid, cysteine, papain, and metalloproteases are the commonly found types of proteases. Microorganisms are the Good Source of Enzymes On the basis of source, global industrial enzymes bifurcated into microorganisms, animals and plants. Microorganisms are the primary source of enzymes due to their easy availability and low production cost—Microorganism-derived enzymes segment due to their large-scale production, the emergence of genetically engineered microorganisms, and vast applications. Notwithstanding, plants are considered a prominent source of industrial enzymes. Plant-derived enzymes possess the highest growth potential due to the emergence of advanced purification technologies that require fewer investments. Exclusive Enzyme Products are used in Food & Beverage Industries Industrial enzymes play a vital role in various applications like Biofuel Enzymes, Cleaning Product Enzymes, Food Enzymes, Animal Feed Enzymes, Textile Enzymes and Specialty Enzymes. Customized solutions and exclusive enzyme products are used in fruit, cheese, and vegetable processing, grain processing, fats and oils processing, protein processing, and other food processing industries, such as baking, cereal extraction, dairy, and brewing. Specialized enzyme extracts assist food and beverage producers enlarge final products' quality, optimize resources, manufacture higher yields, decrease costs, lower environmental pollution, and reduce wastage. Moreover, amylases are widely used to eradicate deposits of starchy food products, such as mashed potatoes, spaghetti, custards, oatmeal porridge, gravies and chocolate. Those types of enzymes are applied in laundry detergents and chlorine-free dishwashing cleansers. Additionally, lipases are mostly utilized to eliminate greasy stains, such as salad oil, frying fats, lipstick, butter, tough stains on collars and cuffs, and sauces. North America has Prominent Share in Worldwide Enzymes Market Geographically, North America is a prominent regional market for industrial enzymes due to the definite presence of several end-use industries, such as pharmaceuticals, food and beverage, laundry detergent, and personal care and cosmetics, along with massive scope for research & development activities in the leading countries of the region. Besides, Europe is one of the influential producers of cosmetics products, pharmaceuticals, and medicine. The presence of significant pharmaceutical and cosmetic companies in the region is to propel the demand for enzymes. In addition, descriptive company profiles of the leading market participants, including BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLCare are focusing on adopting environmentally and modern safe technologies to customize the product, enhance its features, and differentiate the final product from its competitors. Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/industrial-enzymes-market-p.php
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research According to the latest report by Renub Research, titled “China Ice Cream Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the China Ice Cream Market Size will reach to US$ 40.19 Billion by 2027. Ice creams are becoming more fashionable and more eatable items in China. As China experiments with frozen treats, people find popsicles shaped like the Great Wall of China, boba tee-flavored ice pops and even peppercorn-flavored ice cream. It is a sugared chilled food typically eaten as a snack or dessert. It is made of dairy milk or cream and is flavored with a sweetener, either sugar or an alternative, and spice, such as cocoa or vanilla, or fruit like strawberries or peaches.
How COVID-19 Driving Growth of Chinese Ice Cream Industry The China ice cream industry is growing due to the novel coronavirus. The COVID-19 pandemic has been improving the performance of Chinese consumers in many different ways, from spending and lifestyle options to the shopping channels used and media used. The extension in purchasing ice cream to eat at home suggests that people find some solace in an indulgent snack in this stressful time. Growing middle-class income and high-end ice cream consumption have never been higher in China. China current economic development is attracting foreign companies to invest in the ice cream sector. Based on product type, the China ice-cream industry is segmented into artisanal, impulse and takes home. Impulse Ice cream remains a Chinese favorite summertime treat; it Includes single-serve ice cream tubs, packaged cones, ice cream sandwiches, and chocolate-coated ice creams. Impulse Ice Cream (dairy and water-based) consumed in china Supermarkets and Hypermarkets, Convenience stores with new packaging Paper Bowls, Carton, Wrap, and others are more comfortable to carry and store compared to the old ones. Vanilla Ice Cream is the most Popular Flavor in All Section of Chinese Society Moreover, the inclination of young Chinese people towards snacking at different intervals evolves artisanal ice creams as a snack food. Health consciousness of consumers is a predominant factor boosting the artisanal product demand due to its being handmade by using natural ingredients and avoiding the use of any preservatives, emulsifiers, artificial flavors or any taste stabilizer. Besides, vanilla ice cream was the most popular flavor in Chinese Kids & Babies, Early Young Adults and Older Young Adults. Vanilla has continued to be the best-selling ice cream flavor not only because it is creamy and sweet but also because of its capacity to enhance so many other desserts and treats. At a Chinese Buffet, users can find the typical Ice Cream sections for scooping: chocolate, milk/vanilla, strawberry. While classic flavors prevalent in Western countries, such as chocolate, strawberry or cookies and cream, were also considered crowd-pleasers in China. Worldwide Chinese Ice Cream Market Size was US$ 23.34 Billion in 2020 The ice cream industry in East China is increasing, with brands tapping into this trend from both an indulgence and health perspective. The majority of East China consumers opt for ice cream desserts as meal replacements. Further, coupled with health, hectic lifestyles and wellness concerns demand these changes. A viable preference for natural, less processed, and convenient food and an increasing centre on low-calorie ice creams enable companies to tap into East China's market's growth potential. In addition to the rising health concerns regarding ice cream consumption in South China, consumers prefer ice cream products that are hormone-free, GMO-free, additive- and preservative-free, dairy-free, low in calories, and organic and fat-free. Competitive Landscape Analysis The China ice cream market is competitive and comprises regional and international Players. Such as Meiji co ltd, Haagen-Dazs, Blizzard, Magnum, YILI.Com Inc, General Mills Inc. These players compete on different factors, including quality, product offerings, taste, flavor, marketing activities, price, functionality, size, packaging, and to gain a competitive advantage in the ice cream market in China. The most active companies in the ice cream market are mainly focused on introducing new products to cater to the interests of consumers. For instance, in 2021, General Mills aims to expand into lower-tier Ice Cream markets and stimulate its product presence in China through a tie-up with the food giant Ting Shin Group to obtain a stronger foothold in the food and catering sector. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=china-ice-cream-market-p.php Market Summary
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research According to the latest report by Renub Research, titled “United States Plant Based Food Market Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis” the United States Plant Based Food Market Size will reach to US$ 10.7 Billion in 2027. With an increased focus on reaching net-zero emissions, the shift to climate-friendly, sustainable protein production presents significant sales and investment opportunities. In addition to the clear opportunity presented by growing consumer excitement around plant-based options in the U.S, this motivation made 2020 a record-breaking year for plant-based sales and investments.
United States Plant-based Food Industry was US$ 5.6 Billion in 2020 In the United States, plant-based food has become popular to reduce the diet's environmental footprint and promote human health and animal welfare. Plant-based foods are derived from plants (including grains, vegetables, nuts, seeds, legumes, and fruits) with no animal-source foods or artificial ingredients. Plant-based food supports Americans health and is appropriate throughout all life stages, including lactation, pregnancy, childhood, and adulthood, as well as for athletes. Furthermore, increasing incidences of intolerance for animal protein, growing urbanization with new consumer aspirations, increasing vegan population, and significant venture investments in plant-based product manufacturers are key factors driving the plant-based products market's growth in the United States. According to Veg News, in 2020, nearly one-fourth of American consumers (23 percent) have consumed plant-based food products. Impact of COVID-19 on United States Plant Based Food Industry The pandemic has changed the way United States consumers interact with food. The United States people are incorporating more plant-based foods into their diets as it is becoming increasingly critical to have a robust immune system. This has happened in the surge of interest and subsequent consumption of plant-based meals. Plant-based foods (including plant-based meats) have been showing strong growth during the COVID-19 pandemic, likely to elevate the market space for plant protein in the United States food manufacturing industry. Competitive Analysis: Beyond Meat shares Rises 26% in the year 2021 The United States plant-based food market is highly competitive owing to many players such as Beyond meat Inc, Archer Daniels Midland, US Foods Holding Corp, Kellogg, Hormel Foods Corporation. To expand their market shares, companies are concentrating on new and innovative products. For instance, in 2021, Beyond Meat shares soar 26% as the company teams up with PepsiCo to make plant-based snacks and drinks. Plant Based Foods getting Integrated in Menus of United States Food service Industry In recent years, plant-based food has gained traction in United States full-service restaurants, limited-service restaurants, hotels and motels menus, and retail stores. Plant-based Butter, Cheese and Tofu and Tempeh are popping up in many full-service restaurants that offer varieties of plant-based products depending upon their customer's preferences and needs. Besides, retail formats offer a wide range of products like plant-based Dairy Spreads, Dips, Sour Cream, Sauces, Ready-to-Drink, Beverages, Condiments, Dressings, and Mayo etc. at a competitive price to customers. They are usually located in regularly accessible areas. Burger and patties are more popular in the shelf space of retail outlets. Ice cream and Frozen Novelty are booming in popular as health-conscious consumers embrace new ice cream alternatives. Most United States retail carry the brand of vegan ice cream in numerous varieties, including pint-sized containers, ice cream sandwiches, drumsticks, fudge bars, and more. Plant-based Beverages gaining Rapid Traction in United States Across the United States, plant-based food trend continues to grow due to its varieties like Plant-based milk, Plant-based meat, meals, Plant-based ice cream and frozen novelty, Plant-based creamer, Plant-based yoghurt, butter, cheese, Tofu and tempeh, plant-based ready-to-drink beverages, Plant-based dairy spreads, dips, sour cream, and sauces etc. Plant-based milk products such as almond, soy, coconut, cashew, oat, rice are gaining rapid traction among food service providers in the United States. It is majorly used in all kinds of dishes, such as curries, soups, smoothies, and others. Americans prefer plant milk over other dairy or animal milk because of its high nutrition value, Omega-3 fatty acids and vitamins. Plant-based meat encourages American people to eat more. The nutritional benefits of plant-based meats and their safety compared with conventional meat are also important factors contributing to gaining consumers' attention. Consumption of plant-based meat does not give rise to obesity, type-2 diabetes and heart disease. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=united-states-plant-based-food-market-p.php Report Summary
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research As per Renub Research latest report, “Global Tilapia Market Forecast by Production, Import, Export Countries, Company Analysis” the Global Tilapia Market to reach US$ 7.9 Billion in 2020. The fast-growing and prolific tilapia fish is among the essential aquaculture commodities in the world. It grows fast, quickly breeds in captivity, and is tolerant of various environments and cultural systems. Farming and propagating fish requires little input, and the technology can be simple and easily adaptable by small-scale fish farmers. Investors also find tilapia farming profitable because of its reasonably good feeding efficiency in lakes and low investment cost.
Tilapia fish has become the shining star of aquaculture, with farms starting and expanding over the globe while consumption races ahead of even the numerous ambitious farm building plans. All types of Cichlid fish species are commonly known as the tilapia, which is second only to carps as the world's most widely farmed freshwater fish. These fishes are primarily found in shallow streams, ponds, rivers, and lakes but can also be observed in brackish water. Further, tilapia fish is a rich source of protein, selenium, vitamin B-12, phosphorus, potassium, niacin and is low in fat and saturated fat, calories, omega-3 fatty acids, carbohydrates, and sodium. The increasing popularity of tilapia fishes leads to introducing new and innovative products of various tilapia fishes and frozen types of tilapia products, including whole tilapia and tilapia fillets. Moreover, the rapid expansion of aquaculture has catalyzed the growth of the tilapia industry globally. Since it is omnivorous, hard and has good resistance to diseases, they are affordable and accessible even for small farmers to grow. The increasing use of Tilapia pharmaceutical and the fashion industry is expected to increase market demand for Tilapia. China is the World's Biggest Producer and Exporter of Tilapia Fish Based on producing country, China is the world's biggest producer and exporter of tilapia fish globally. Tilapia fish is a vital food commodity in China; its production was mainly taken out in the southern and southeastern coastal places where subtropical conditions favored the species' growth and reproduction, with Nile tilapia fish being the most popular important. The tilapia fish farming industry in China is growing rapidly. China is by far the highest tilapia producing country and is producing one half of the global supply. China primary tilapia fish exporting country is the United States, Mexico, Russia, and the European Union. The United States and Mexico have been the traditional markets; however, the Russian market share began to expand. The European Union market grew steadily year on year. Besides, Indonesia is also the significant producer of tilapia ?sh globally. The tilapia fish production sector plays a vital role in Indonesia's economy through income generation, livelihoods diversi?cation, supply of animal proteins, and foreign exchange earnings. In addition, tilapia fish is one of the worldwide most demanded fish in the United States market regarding its price and nutritional quality. United States tilapia fish imports create sales, jobs, income, value-added, and tax impacts on the economy. The majority of tilapia fish imported into the United States comes from China and Taiwan, followed by Indonesia, Ecuador. Impact of COVID – 19 on Tilapia Fish Industry Coronavirus has spread worldwide, and most countries are adopting lockdown measures to control the spread of the virus and secure public health. All business and production activities are fully shut down except the necessary ones such as the food and medical sector or others, leading toward the economic crisis in the country. Fishing efforts have been reduced, and tilapia stock is finishing with inactive trade and transportation, disrupting the whole supply chain is majorly affecting the tilapia market. Competitive Landscape The global tilapia fish market is highly competitive owing to many players such as Seatrade, Atlantic Capes Fisheries, Inc, Atalanta Corporation, Ideal Foods Ltd, and Sea Delights. This essential company operating in the tilapia fish market concentrates on backward integration to expand their goods collection and better check the final product's quality. Backward integration within the value chain leads to higher profit margins for the manufacturers. As they can produce high-quality aquafeed additives, lowered distribution costs, and improved control over goods price. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=global-tilapia-market-p.php Market Summary
About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research The latest report by Renub Research tittled, “Vegetable Oil Market & Volume By Type, Production, Import & Export, Consumption, Production, Countries, Company Analysis, & Global Forecast” finds that Global Vegetable Oil Market is anticipated to grow to US$ 299.18 Billion by 2027. Globally, vegetable oils constitute an essential component of the human diet due to their health benefits, such as improving metabolism, reducing the risk of cardiovascular diseases, digestion, and lowering cholesterol levels. Vegetable oils are taken from a plant source, such as nuts, vegetables or seeds. They provide essential nutrients, like vitamins A, E, and B1, containing a higher amount of omega-6 (linoleic) and omega-3 (linolenic acid) and low in saturated fatty acids. They offer vegetable oils that are widely employed in preparing numerous dishes across the globe.
Impact of COVID-19 Pandemic on Global Vegetable Oils Industry COVID-19 pandemic has unleashed a chain of unprecedented events affecting every industry. However, since overburdened, the food industry was responsible for meeting the requirements in the time of emergency, especially during the lockdown period, consumed vegetable oil for food application in large quantities and the vegetable oil industry witnessed a surge in demand from the sector. Factors Driving Vegetable Oil Industry Globally Further, the vegetable oil industry is primarily driven by the robust industrial applications of vegetable oils to manufacture organic industrial products, including toiletries and cosmetics, whose usage has increased globally. There is a significant growth in the need for vegetable oils as an alternative for mineral oil across different end-use industries. This can be attributed to their lower volatility, affordable price, better pressure performance, high viscosity, and easy availability worldwide. Besides, a significant type of vegetable oil includes Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, and Sunflower Seed Oil. In terms of consumption being a food product, vegetable oils are viewed as the healthier option as they hold more unsaturated fatty acids than animal fats. As per this research report, the Worldwide Vegetable Oil Market Industry is expected to grow with a CAGR of 3.30% from 2020 to 2027. Global Vegetable Oil Market Size was USD 238.30 Billion in 2020 One of the several widely used cooking oils is canola oil, also known as rapeseed oil. However, soybean, rapeseed, palm, and peanut oils are the most commonly consumed edible oils in China; hence the production of these oils are emphasized, although "Western" oils and fats such as olive oil and butter are gaining in popularity. There is a massive consumption of rapeseed oil in the European Union, owing to its large production in the regional market and its extensive application in the biodiesel, animal feed and food, industries. Germany and France are the leading customers of rapeseed oil in the regional sector. Indonesia is the Largest Exporter and Producer of Palm Oil Globally Worldwide, Indonesia has become the world's largest producer and exporter of palm oil. Palm oil production is essential to the economy of Indonesia as the country is the world's biggest consumer and producer of the commodity, providing about half of the world's supply. Additionally, Indonesia exports Crude Palm Oil (CPO) and its derivatives to more than 45 countries worldwide. The nine largest consumers of Indonesian CPO are European Union, India, China, Singapore, Malaysia, Bangladesh, Egypt, Pakistan, and the United States. India one of the biggest Imported of Edible Oil Globally Moreover, India is one of the largest importers of edible oils in the world. India does not even produce half of its edible oil requirements, mainly due to rainfed conditions, smallholding with limited resources, high seed cost, low seed replacement rate and low productivity. The nation has to rely on imports to meet the gap between demand and supply. India imports palm oil mainly from Indonesia and Malaysia and a small quantity of soft crude oil, including soybean oil from Argentina. Company Performance Key players such as Cargill, Archer Daniels Midland (ADM), Wilmar International Limited, Sime Darby Plantation Berhad, Olam International Limited of the market studied include partnerships, product innovations, expansions, and mergers and acquisitions. For instance, in 2019, Archer Daniels Midland Company and Wilmar International Limited upgraded their collaboration into a full function joint enterprise Olenex. ADM declared to transfer a specialty oils and fats facility and a palm refining plant in Hamburg, Germany, to the new joint venture as part of the deal. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=vegetable-oil-market-p.php Report Summary Types - We have covered by type in the global vegetable oils breakup by 9 Sub-segments (Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, and Sunflower Seed Oil) Production by volume - This report covered by production volume in the global vegetable oils by breakup by 9 Sub-segments (Coconut Oil, Olive Oil, Cottonseed Oil, Palm Oil, Palm Kernel Oil, Rapeseed Oil, Peanut Oil, Soybean Oil, and Sunflower Seed Oil) Import by volume – Our report covered by import by volume in the global vegetable oils by breakup by 9 Sub-segments (Coconut Oil, Cottonseed Oil, Palm Oil, Olive Oil, Palm Kernel Oil, Rapeseed Oil, Peanut Oil, Soybean Oil, and Sunflower Seed Oil) Export by volume – Our report covered by export by volume in the global vegetable oils by breakup by 9 Sub-segments (Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Soybean Oil, Rapeseed Oil, and Sunflower Seed Oil) Consuming Country – This report covered by Consuming Country in the global vegetable oils by breakup by 10 Sub-segments (China, European Union, India Indonesia, United States, Brazil, Malaysia, Thailand, Japan and Others) Producing Country – This report covered by producing Country in the global vegetable oils by breakup by 7 Sub-segments (Indonesia, China, Malaysia, European Union, European Union and Others) Importing Country – We have covered by importing Country in the global vegetable oils by breakup by 7 Sub-segments (India, China, European Union, United States, Malaysia, South Korea and Others) Exporting Country – Our report covered by exporting Country in the global vegetable oils by breakup by 6 Sub-segments (Indonesia, Malaysia, Russia, Canada, European Union and Others) All the key players have been covered from 3 Viewpoints (Overview, Recent Development, Revenue Analysis) Cargill, Archer Daniels Midland (ADM), Wilmar International Limited, Sime Darby Plantation Berhad, Olam International Limited. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research According to the latest report by Renub Research, titled “Soybean Market & Volume Global Forecast by Consumption, Production, Import, Export Countries, Company Analysis” the Soybean Market will be US$ 162.36 Billion by 2027. Soybean was initially cultivated in China more than 3000 years ago has become a global commodity, with numerous countries directly taking part as importers, exporters or both to international trade flows. Moreover, the industrial and agrarian revolution of the 18th century has reshaped the traditional geography of soybean diffusion, production and consumption worldwide and inflamed another fundamental shift for this crop.
Worldwide Soybean Industry was US$ 127.81 Billion in the year 2020 Additionally, by the 20th Century, soybean had transformed into a versatile and globally necessitated cash crop, with a new production hub based in the USA from a food staple conventionally planted and consumed in Eastern Asia and China for thousands of years. More on this, soybeans are among the few complete protein vegetable-based foods with nine essential amino acids namely histidine, leucine, isoleucine, lysine, methionine, phenylalanine, threonine, tryptophan, and valine. For this reason, the soybean has become a crucial source of human and animal protein worldwide, with the majority of its cultivation destined for animal feed and the remaining destined for direct human consumption. Soybean Production grew significantly due to Rise in Global Population Globally, soybean production grew significantly, driven by world population growth and increased demand for meat, leading to the more outstanding production of soy-based animal feed. In addition, the introduction of genetically modified (GM) herbicide-resistant soybeans has also conceded improved productivity levels and a smaller workforce, facilitating the crop’s rapid expansion. As per our analysis, the soybean sector is also highly concentrated, with production mainly focused in Brazil, United States, Argentina, and China, ranking a distant fourth. The rapid expansion of soybean in Brazil, which can also be seen as the result of technological and genetic improvement, gradually perfecting the adaptation of a temperate crop to the tropical climate, has been linked with deforestation, loss of biodiversity and reduction of other natural ecosystems. Thus, leading to increased efforts in production and sourcing soybean crops more sustainably. In fact, in the United States, soybean cultivation is projected to overtake wheat and corn as the crop covering the most significant farming land, spurred by the elevated demand for animal feed and the enlargement of soybean exports to China world’s largest soybean importer. Global Soybean Market Size is expected to grow with a CAGR of 3.48% from 2020 to 2027 Soybeans, also known as the “king of beans”, are crushed chiefly into soy oil and meal. Besides, soybean is detected in hundreds of edible and non-edible products, from cooking oil, vegan food, animal grains and milk to biodiesel and other industrial applications. Soybean oil is the most preoccupied cooking oil in the global realm after palm oil. Furthermore, the adaptability of soybeans will be a significant factor in maintaining demand growth, as the soybean market can be utilised into animal feed, food and beverage, personal care, dietary supplements, pharmaceuticals, and biomaterials biofuels. Soybean Trade Routes Today, the leading soybean trade routes converge over the Pacific Ocean, shaping a triangle between China, Brazil and the United States of America. This picture reveals a complex ‘geopolitics’ of soybean trade flows, where a myriad of small actors – several countries, each with their interest – coexist in the international arena alongside the major players, which are embodied by the USA-China-Brazil triarchy. Contrarily, the historical production centre for this crop, China, is the primary consumer. Its growing demand for soybean is mainly fed by the Americas, with Brazil. In addition, the exceptional growth in the global soybean production levels mirrors, of course, the consumption patterns for this crop. As per our analysis, domestic soybean consumption data shows that the five largest consumers – namely China, United States, Brazil, Argentina, and European Union– consumed about 80.86% of the soybean globally produced in 2020. The current geography of soybean international trade flows is massively concentrated around two ‘magnetic’ poles. On the one hand, the Americas represent the export (and production) pole, with most soybeans traded internationally originating from Brazil, United States and Argentina. On the other hand, the import (and consumption) pole is situated in Asia – which attracted as a continent, with China playing the lion’s share. China’s soybean production has had a little hike in the forecasted period. At the same time, its consumption levels increased spontaneously in the same period, allowing foreign exporter countries to close this gap. Company Analysis Remarkable of the prominent players in the industry, such as companies like Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc and Archer-Daniels-Midland Co-existing globally, are increasingly selling soybeans as plant-based meat substitutes to respond to consumer demand prevailing in the market. The Influence of COVID-19 on the Soybean Food Supply Chain: Even with high COVID cases in the major producing countries, the soybean industry continues to operate, with farmers in the United States, Argentina, and Brazil crushing record amounts of soybeans. However, logistical bottlenecks had narrowed the crushing, transport, and export of the crop and farmers in these countries, particularly in Argentina, are recognising stockpiling their production to sell it later for meanwhile market conditions recover, given the impact of the lockdowns and reduced crop demand. Nevertheless, demand for soybeans is projected to continue growing in the coming years due to various determinants. The intake of meat and soy-based health products is rising, while population figures are slated to expand, and policy-makers are more supportive of biodiesel as a fuel alternative. Specifically, soybean consumption is expected to grow, particularly among the growing middle class in emerging economies, increasing global plant-based meat consumption. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=soybean-market-p.php Market Summary: Consuming Country – We have covered Soybean Market & Volume of China, United States, Brazil, Argentina, European Union, India, Mexico and Others Producing Country – This report studies the Soybean Market & Volume of Brazil, United States, Argentina, China, Paraguay, India, Canada and Other. Importing Country – This report covers the Soybean Market & Volume of China, European Union, Mexico, Egypt, Argentina, Thailand, Japan and Others. Exporting Country – This report covers the Soybean Market & Volume of Brazil, United States, Argentina, Paraguay, Canada and Other. Key Players – We have studied the company by overviews, recent developments and revenue of following companies Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc and Archer-Daniels-Midland Co. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research According to Renub Research, report “Soybean Oil Market & Volume By Consuming, Producing, Importing, Exporting Country, Company Analysis & Global Forecast” will be US$ 78.99 Billion by the end of 2027. Soybean oil is the second standard utilized vegetable oil across the world. It is a leading oil crop grown globally due to its diverse uses of oil and protein for humans and livestock. Soybean oil is a rich source of crucial nutrients like proteins, vitamins, plant sterols and fatty acids. As a result, it helps grow immunity, prevents osteoporosis, manages heart health, boosts skin and eye health, lowers cholesterol levels, and reduces the threat of cognitive disorders.
Factors Driving Soybean Oil Market Moreover, the increasing awareness among consumers regarding the advantages of soybean oil, compared to other vegetable edible oils, has driven its demand significantly. One of the main factors propelling the requirement for soybean oil across the globe is its affordable rate. It is relatively less costly than most other edible oils such as canola oil, olive oil, coconut oil, and groundnut oil. As a result, it is prevalent in price-sensitive markets, particularly in developing regions. Over the years, soybean oil has become a favored choice for cooking in households and restaurants due to its vast smoke point, neutral taste, and negligible saturated fat content. Low cost, easy availability and the eco-friendly nature of soybean oil have further facilitated its usage in various sectors, such as feed, food and industrial. Regional Analysis: China is the World’s biggest Soybean Oil Producer The United States, China, Brazil, and India are the primary consumers and producers of soybean oil globally. China is the world’s biggest soybean oil producer; the demand for soybean oil has risen even more rapidly. With the constant growth of the economy and the rise of the total population, the consumption of vegetable oils is increasing year by year. The top vegetable oils consumed in China are soybean oil; it is becoming increasingly westernized cultural and economic factors that make China’s patterns of soybean oil production and consumption unique. Further, biodiesel is leading to the increase in the consumption of soybean oil in the United States. Soybean oil is by far the most extensively produced and consumed edible oil in the United States. This makes soybean oil a good alternative for high-heat cooking methods like roasting, baking, frying, and sautéing, as it can resist high temperatures without breaking down. The Soybean Oil Market Size was USD 52.6 Billion in 2020 Globally, Argentina is a crucial exporter of soybean oil. The main destinations of Argentina soybean oil exports were Bangladesh, India, Morocco, Peru and China. India is a significant soybean oil-importing country; it does not even produce half of its edible oil requirements. This is mainly due to rained conditions, smallholding with limited resources, high seed cost, low seed replacement rate, and low productivity. The nation has to rely on imports to meet the gap between demand and supply. India imports soybean oil mainly from Argentina, Brazil, Ukraine and Russia. India imports crude Soybean oil from the Crushing Capacities installed primarily in Argentina. Impact of COVID-19 Pandemic in Global Soybean Oil Industry The soybean oil market indicates steady growth, despite the COVID-19 pandemic cut demand for biofuel. The competitive price of soybean oil, against the cost for palm oil and sunflower, combined with the potential growth in demand for biofuel and increasingly robust environmental standards, signal tangible prospects for the further development of the soybean oil industry. Company Performance The key players in the soybean oil industry are Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc, and Archer-Daniels-Midland CoIn. For instance, in 2021, Archer Daniels Midland Company announced the manufacture of North Dakota’s first dedicated soybean crushing and refinery plant to meet fast-growing demand from food, biofuel, feed, and industrial customers, including producers of renewable diesel. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=soybean-oil-market-p.php Report Summary Consumption - This report covered by Consuming Country in the global soybean oils by breakup by 8 Sub-segments (China, United States, Brazil, Argentina, European Union, India, Mexico, Other) Production – Renub research report covered by producing Country in the global soybean oils by breakup by 8 Sub-segments (China, United States, Brazil, Argentina, European Union, India, Mexico, Other) Import - We have covered by importing Country in the global soybean oils by breakup by 10 Sub-segments (India, China, Algeria, Bangladesh, Morocco, Peru, European Union, Korea South, Colombia, Other) Export – Our report covered by exporting Country in the global soybean oils by breakup by 8 Sub-segments (Argentina, Brazil, United States, European Union, Paraguay, Russia, Bolivia, Other) All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Kerry Inc, Fuji Oil Group, House Foods Group Inc, CHS Inc, Cargill Inc, and Archer-Daniels-Midland CoIn. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Globally, sugar refers to a sweet crystalline substance that prepared from sugar cane and sugar beet. Sugar production (whether from cane or beet) is also highly capital intensive, requiring large scale operations to be competitive. Sugar utilised for soft drinks, sweetened beverages, convenience foods, fast food, candy, confectionery, baked products, and other xsweetened foods. Also, sugar used in the distillation of rum. Moreover, sugar is a high profile commodity both politically and in trade in the world's key producing regions.
Sugar consumption in food and pharmaceutical industry will drive & steadily rising crude oil prices and lower global output would support the market In recent years, the steadily rising crude oil prices and lower global output are expected to provide much-needed support to sugar prices and factors such as sugar consumption in food and pharmaceutical industry will drive this market. However, huge inventories, robust products in the ongoing season and near stagnant domestic demand will cap the price gains. Remarkably, the sugar industry worldwide is a residual market characterised by extreme volatility, which often trades below global production costs. As per Renub Research Analysis, Global Sugar Market will reach to US$ 53 Billion by 2027. The trending sugar industry subsumes the production, processing and marketing of sugars (principally saccharose and fructose). Globally, most sugar is derived from sugar cane (predominantly in the tropics) and sugar beet (mainly in a temperate climate like in the U.S. or Europe). The revolutionary application of sugar finds numerous applications in the pharmaceutical and skincare industry as well. In the pharmaceutical division, sugar is included in the preparation of antibiotics and cough syrups. On the other hand, sugar is used in scrubs manufacturing due to its exfoliating properties in the skincare sector. Our report covers handful of leading producers and their countries' support policies: World sugar production and trade is dominated by a small number of influential producing countries. The top ten producers reviewed in our report are (Brazil. India, European-Union, Thailand, China, United States, Russia, Mexico, Pakistan and Australia) contribute to over half of global production. More on this, Brazil and India production share will flourish during the forecast period 2020-2027. Although the sugar market remains saturated in developed economies, such as the United States, Mexico, and the European Union, it shows promising growth in emerging regions. Driven by rising disposable incomes, urbanisation and changing food habits, the demand for sugar-based products in developing markets, such as India and China, confers solid growth. The Support Policies and Subsidies Prevailing in Sugar Industry Worldwide: As per our analysis, the global producers, particularly Brazil, Thailand and India, have responded to conditions by developing a substantial mix of policies and subsidies to support domestic production. Collectively these support policies have a profound distortionary effect on the world sugar market. Indeed, the government sugar policies in a handful of countries, notably Brazil, Thailand, and India, substantially impact the world sugar market's supply-demand balance and, consequently, its trading price level. Hence, the sugar industry is not a regular clearing market and cannot be used as a sustainable 'benchmark' to base sugar industry policies or strategies. News about the Sugar Industry in 2021: The Hindu Business line reported that sugar prices surged in 2019-20 due to extensively reduced output from India, the EU, and Thailand. Despite this, prices fell more than 30 per cent between February and April 2020 due to COVID-led disruptions and lockdowns. In addition, with unfavourable weather in Brazil and Thailand and a decline in Europe's output, India is focused on delivering a bumper output in the sugar season 2020-21. Moreover, in a global deficit output scenario, sugar prices in India are expected to remain steady, but massive carry-over stocks may cap the gains in prices. Devastating COVID-19 impact on Global Sugar Industry: The sugar industry worldwide, a significant player in the national economy, has faced many challenges in its course. The threat modelled by the growing pandemic novel coronavirus (COVID-19) has been the most recent one, and it is impacting sugar industry stakeholders and its integrated industries worldwide. The entire value chain of the global sugar industry, viz., sugarcane, sugar, molasses, ethanol and their subsequent marketing and export, has been adversely affected by the spillover impacts. However, the significant setbacks of COVID-19 on the sugar industry globally are coming back on track with the normalisation of the COVID-19 situation. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=global-sugar-market-p.php Market Summary: By Consumption - We have covered the market of India, European Union, China, United States, Brazil, Indonesia, Russia, Pakistan, Mexico, Egypt and Other as consuming countries in Global Sugar Market. By Producing - We have studied the market of Brazil, India, European-Union, Thailand, China, United States, Russia, Mexico, Pakistan, Australia, Other as producing countries existing in Global Sugar Market constitutes. By Export - This report studies Global Sugar Export Market of Brazil, Thailand, India, Australia, Guatemala, Mexico, European Union, South Africa, Russia and Colombia as exporting countries. By Import - We have covered the Global Sugar Import Market of Indonesia, China, United States, Bangladesh, Algeria, Malaysia, United Arab Emirates, European Union, South Korea, Nigeria as importing countries. Company - We have studied the company by Company Overview, Recent Development and Revenue of following companies Associated British Foods plc, Nordzucker AG, Wilmar International Limited, Tereos and Lantic Inc. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: A cold chain indicates the transportation and warehousing of temperature-sensitive products from the point of origin to the end of consumption, which increases shelf life and prevents spoilage. Today, the cold chain industry in India is rising from a nascent scaffold, making it one of the encouraging fields in the warehousing and logistics industry. Moreover, thus far, cold storage facilities in India had only been limited mainly to storing perishable horticulture produce such as fruits and vegetables but now have expanded to numerous other products as well. According to Renub Research new report, India Cold Chain Market is expected to reach US$ 53.07 Billion by 2027.
The Realms of Indian Cold Chain Industry The Indian Cold Chain Market revolves around the realms of Organized and Unorganized sectors. More recently, the organized industry's growth involves the application of cold chains across third-party logistics (3PLs), Quick service restaurants (QSR), retail, e-commerce. Recently, foodservice industries supported by changing consumption patterns have also brought the cold chain segments into focus. Thus, with the growth in organized food delivery, e-commerce remains a crucial driver for the cold chain sector in India. Indian Cold Chain Industry will grow with double CAGR of 13.66% from 2021 to 2027 Nowadays, consumers demand many biopharmaceutical products, fresh perishable food (fruits, vegetables, meat, seafood, dairy products), processed food, chemicals, flowers, & plants, which are temperature-sensitive commodities requiring a cold chain infrastructure. Therefore, setting up a robust cold chain infrastructure is a crucial step in efficiently controlling their supply chains. The trend is now changing towards setting multipurpose cold storage and catering end-to-end services across the value chain. Notwithstanding, pharmaceutical products are highly susceptible to temperature and time constraints, making cold chains essential for cold chain application. In the present situation where safe delivery of vaccines for mass immunization against COVID-19 is an absolute priority, the cold chain is in huge demand across a country-wide footprint. The development is primarily driven by apprehending increased market by organized cold chain operators, changing consumer behaviour for quality products, and securing supply reliability in a pandemic like situation. In addition, traditional dairy products such as ghee (clarified butter), curd (yoghurt) and paneer (cottage cheese) are primarily catered to by the unorganized sector. However, with the increasing quality consciousness of consumers, organized sector play is expected to grow in these products in the years to come. Apart from this, the factors acting as catalysts for the cold chain industry includes rising emphasis on reducing food wastage and government initiatives like FDI relaxation. COVID-19 Impact on Indian Cold Chain Industry The pandemic has positively impacted the cold chain industry, fuelling the market for cold chain market. The widening adoption rate of packaged food & beverage products is an encouraging take for the growth of the cold chain in India. The COVID-19 impacted every industry's supply chain due to restricted trade during the pandemic, resulting in food manufacturers emphasizing food products and their storage to increase their shelf-life, which propelled the market for the cold chain. Further, the explosion of COVID-19 also has created a shift toward an organized retail market to prevent further virus outbreaks. Consumers have stockpiled processed food stocks with a long shelf life to perishable foods, and limited trade movements between states have surpassed cold chain storage capacities in certain conditions. Hence, the Indian infrastructure underscores the need for the food value chain to move from open-air markets to a cold-chain model to preserve perishable items for a longer duration massively. Cold Chain Industry is expanding at a faster pace in Tier I and Tier II cities of India: The cold chain industrial clusters are concentrated in major metro cities. Cold Chain Industry has massive potential in Tier I (Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad and Pune) and Tier-II cities (Gurgaon, Noida, Vellore, Coimbatore, Kochi, Thiruvananthapuram, Patna, Rajkot, Goa, Lucknow and Jaipur). Also, an uptick in investment activity amongst the cities is seen. Thus the industry is more likely to attract significant capital inflow and new capacity creation in the forthcoming years. Our research findings show that India Cold Chain Market Size was US$ 24.62 Billion in 2021. Critical Companies Performance in India: The Indian Cold Chain Industry is a fragmented market, consisting of many local players to cater to the growing expectations and demand. Remarkable of the major players in the market include Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd. Renub Research latest report “India Cold Chain Market, Global Forecast By Type (Organized and Unorganized), Products (Biopharmaceutical Products, Perishable Food (Fruits, Vegetables, Meat, Seafood, Dairy Products), Processed Food, Chemicals, Flowers & Plants and Others), Companies (Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd)” provides a detailed analysis of India Cold Chain Industry. Type – India Cold Chain Market has been covered from 2 viewpoints: 1. Organized 2. Unorganized Products – India Cold Chain Market has been covered from 6 viewpoints: 1. Biopharmaceutical Products 2. Perishable Food (Fruits, Vegetables, Meat, Seafood, Dairy Products) 3. Processed Food 4. Chemicals 5. Flowers & Plants 6. Others Company Insights: • Overview • Recent Development & Strategies • Financial Insights Companies Covered: 1. Snowman Logistics Pvt Ltd 2. GatiKausar India Pvt Ltd (Gati Ltd) 3. Container Corporation of India Limited 4. Mahindra Logistics Limited 5. Future Supply Chain Solutions Ltd About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research |
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