#EssentialOils Market Emerging Trends and Developments The global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value. The market is growing due to its wide application and increased awareness among consumers globally. Essential oils are being used in new domains as they have various health benefits and less known side effects. The North American region dominates the global essential market, owing to the growing trends of having a healthy lifestyle and consumers being more aware of the ingredients being used in their products. Furthermore, growing applications of essential oils have increased the R&D and new product innovations which are expected to drive the global market in the forecasted period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=119674487 The food and beverages industry continues to incorporate essential oils into multiple products, in line with the upward trend of “clean label.” The food and beverage industries use essential oils mostly for their color, flavor, and fragrance in the end products, as substitutes for synthetic ingredients. Essential oils are identified for their health benefits, as they are natural ingredients that impart the essence of the source they have been derived from. The largest market segment for essential oils is food and beverage, as consumers are becoming increasingly aware of the health benefits of essential oils, the preferences for food & beverage products with these oils as additives have increased. Various essential oils used by manufacturers include orange oil, lemon oil, and lime oil. Lemon’s essential oil is widely used in the food and beverage industry as a flavoring agent, such as in fruit juices, jams, and bakery products. With citrus essential oils labeled as safe for consumption by regulatory authorities, the food and beverages industry continue to incorporate these essential oils into multiple products, in line with the upward trend of “clean label.” Essential oils represent a significant upstream business opportunity for the floriculture market Floriculture has been associated with the cultivation of exotic and aromatic flowers yielding aromatic essential oils which include rose, jasmine, lavender, and tuberose. Flowers have been known for a long time to be a source of sweet fragrance. Flowers provide one of the most important essential oils which are indispensable in perfumery production. Hence essential oils represent a significant upstream business opportunity for the floriculture market. Essential oils from flowers, when incorporated into finished products impart various benefits, such as a pleasant aroma in perfumery, shine or conditioning effects in hair care products, and improving the elasticity of the skin. It is necessary to identify the perfect location for the cultivation of flowering crops based on suitable climatic and soil conditions with minimal use of pesticides and fertilizers to obtain a good yield. It is also essential to carefully monitor the transit of raw materials from field to factory to ensure that the freshness and potency of active ingredients are preserved. The growth of the essential oils market in Europe is driven by the demand for products being sold as aromatherapy cosmetics to the consumers Europe is one of the largest markets for essential oil products, owing to the increased awareness of their benefits. Food & beverage companies are innovating to produce various essential oil-based beverages and foods to meet consumer demand. European buyers are preferring value-added food products, and manufacturers are preferring to use essential oils in this domain due to their wide range of applications. The consumers’ growing demand for high-quality environmentally friendly products is expected to drive the market in Europe. Apart from this, Europe is one of the major importers of essential oil due to the increased consumer demand for aromatherapy products by developing “aromatherapy cosmetics.” The European cosmetics and personal care market is one of the largest in the world and presents an attractive opportunity for suppliers and producers of essential oils from developing countries. The consumer demand for cosmetics products that do not contain chemicals is expected to fuel market growth. Read more: https://www.marketsandmarkets.com/Market-Reports/essential-oil-market-119674487.html key players in this market include Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India) and India Essential Oils (India).

#Protein Ingredients Market Emerging Trends and Developments by 2028 The global protein ingredients market is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global protein ingredients market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumer awareness, health consciousness, demand for protein alternatives and high-end personal care products, changing lifestyles, and consumption patterns to drive the demand in the protein ingredients market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114688236 A wide variety of protein ingredients are available in the North American market offered by Cargill, Incorporated North America has a significant market share in the protein ingredients market which implies that the consumer awareness and demand is high in the region, making it the most prrofitable region for protein ingredients market players to enter. Other factors such as high disposable income, urbanization, and developed stable economies with attractive opportunities are pulling investments in the industry from various players around the globe. US-based Cargill, Incorporated is a leading and well-established player in the market. It has a dominant share in the region and globally. The knowledge of consumer perception gives it a competitive edge over other players that are not from the fast growing region. The feed segment by application in protein ingredients market is relatively small in comparison to the food & beverages segment by application Protein ingredient-based feed is relatively less commercialized than protein ingredient-based food & beverages for human consumption in the market. This is because the demand for protein ingredients-based products for human consumption is high. The market for animal end-user segment is at a very nascent stage, and the importance of healthy animal diet rich in proteins has just started gaining momentum in the market. However, with the global rise in demand for clean, AGP-free (Antibiotic Growth Promoters), meat products such as beef, pork, and chicken, the significance of animal diet is also rising, and so is the importance for nutrient-rich feed and its production. This is further pushing the players to manufacture products to cater to the interests of the gradually growing market as a result of which players in the market are manufacturing protein ingredients that cater the feed industry. Read more: https://www.marketsandmarkets.com/Market-Reports/protein-ingredients-market-114688236.html During the forecast period, the insect-based protein segment by source is expected to grow at the fastest CAGR of 33.4%. It is being assumed that the animal sources of protein will be insufficient to cater the exponentially rising demand for protein worldwide. Thus, there is a huge space for alternative protein market. One of the alternative sources which is growing at a very fast rate is the insect-based protein source. High protein content, easy availability, and low cost of raw materials is driving the market for insects as a protein source. Moreover, consumer curiosity and high investments in this segment, especially in the developed regions is driving their market. By form, liquid segment is projected to grow at a significant rate in the protein ingredients market during the forecast period According to an article published in Forbes in September 2022, demand for RTD beverages is skyrocketing, fueling the demand for protein ingredients in liquid form. Liquid protein ingredients are easier to mix, blend homogenously, and provide a uniform texture to the products, particularly in the beverages and cosmetics & personal care product applications. With the rising and aging population, the demand for easy consumable products for infants and elderly are in great demand. This is also contributing to drive the liquid form segment in the protein ingredients market. By application, cosmetics and personal care products segment is projected to hold a significant market size in the protein ingredients market by 2028 Proteins find a huge application in cosmetics and personal care industry. They are used in skin-care formulations due to their moisture-imparting properties and in hair-care products due to their conditioning properties. Collagen is one of the most popular sources of protein ingredients used in cosmetics industry due to its benefits for skin. With the rise in disposable incomes, and consumer spending on high-end personal care products, the demand and high growth for protein ingredients in this application industry is inevitable. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp

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