Hazelnut Market 2018| Industry Outlook and Future Forecast Report Till 2028

Persistence Market Research (PMR) delivers key insights on the global native starch market in its upcoming outlook, titled 'Native Starch Market - Global Industry Analysis and Forecast 2018-2026'. In terms of value, the global native starch market is projected to expand at a CAGR of 5.2% during the forecast period, due to various factors, regarding which, PMR offers vital insights in detail.

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Scope of the Report

The native starch market is segmented on the basis of source, form, end use, and region. On the basis of source, the global native starch market is segmented into, corn, wheat, potatoes, tapioca, and others. The corn segment is anticipated to increase at the highest rate, owing to its versatile nature and wide range of applications in the food and beverages industry. Starches are mostly used for texturizing and thickening purposes. They also help in stabilising the shelf life of food products, dough improvement, increasing the cooking tolerance of food items, and volume expansion.

Owing to these properties, corn starch is given preference over other native starches. The rising health conscious population across the globe is one of the major factors that is driving the demand for native starches, as they are free from any chemicals or physical modification. Moreover, manufacturers of native starches are undertaking several research and development initiatives to develop superior and novel quality products to cater to the growing demand from health conscious people.

On the basis of end use, global native starch market is segmented into food and beverages, paper industry, feed industry, and others. Furthermore, food and beverages is sub-segmented into dairy products, bakery, soups & sauces, infant formula, convenience foods, snacks & confectionary, beverages, and others. On the basis of region the global native starch market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East Africa.

Focus on Personal Health

The millennial population is becoming concerned about their health and their family’s health, which has resulted in the increased expenditure on food products with natural ingredients, as these are perceived to be free from additives, hormones, and antibiotics, and being non-GMO. These products are primarily unmodified, environment-friendly, and produced without the use of any synthetic substances and chemicals. Hence, consumers, especially the millennial age group, prefer natural ingredient-based products, and this trend is expected to increase the demand for native starch in the global market.

Global Native Starch Market: Competition Dashboard

This report covers the trends driving each segment, and offers analysis and insights into the potential of the native starch market in specific regions. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the native starch space. Native starch key players include Ingredion Inc., Cargill, Inc., E. I. du Pont de Nemours, Tate & Lyle PLC, Archer Daniels Midland Company, Roquette Frères S.A., Euroduna Food Ingredients GmbH, BENEO GmbH, Kent Corporation, MGP Ingredients, Inc., AGRANA – Beteiligungs AG, Tereos Starch & Sweeteners Iberia Sa, Thai Flour Co., Ltd., Manildra Group, Avebe U.A, Amylco LLC, KMC Kartoffelmelcentralen A.M.B.A, Gulshan Polyols Ltd., and SPAC STARCH PRODUCTS (INDIA) LTD., among other native starch manufacturers.

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Global Native Starch Market: Key Insights

The growth of the native starch market is supported by the demand for unmodified and chemical-free ingredients; versatile nature; increasing application in the bakery industry; native starch-based food products being at a lucrative nexus of both, health and ethical consumerism; and increasing popularity of private label brands.

Global Native Starch Market: Analysis by Region

On the basis of region, Europe accounts for a higher value share in the global native starch market in terms of value sales, due to the ever-rising demand for food products with natural ingredients, which includes native starches. China has been a dominant region in the native label starch market in terms of consumption and production. APAC is expected to post higher growth, at a CAGR of 7.2% over the forecast period.

Persistence Market Research (PMR) delivers key insights on the global sodium propionate market in its upcoming outlook, titled, 'Sodium Propionate Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026'. In terms of value, the global sodium propionate market is projected to register a healthy CAGR of 3.9% during the forecast period, due to various factors, regarding which, PMR offers vital insights in detail.

On the basis of application type, the food and beverages segment is expected to maintain its dominance in the sodium propionate market, with a significant CAGR of 3.9% during the forecast period. The increasing tendency for developing countries to adapt to food trends has resulted in a worldwide growth of the fast food culture. In North America alone, 34% of children consume fast food. Sodium propionate is an integral artificial preservative for processed foods and breads, which are major parts of the fast food culture. This is fueling the increasing demand for sodium propionate in the market.

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The global pharmaceutical industry has grown from US$ 390.2 Bn to over a trillion dollars in value, as of 2018. Sodium propionate, as an excipient, is an integral part of pharmaceutical formulations. Sodium propionate, because of its relatively inert nature in medicinal preparations, and efficient mold and bacteria inhibiting properties, is used in pharmaceuticals, extensively. The steady growth of the pharmaceutical industry accounts for a steady growth in the demand for sodium propionate over the forecast period.

Global meat production in 2017 stood at 322.36 Mn metric tons. With an increase in GDP, the consumption of meat and meat products is on the rise in developing countries. Sodium propionate is extensively used in the meat and meat products industry for its anti-bacterial and anti-mold properties. As the demand for processed meat products increases, globally, it aids the growth of the sodium propionate market.

In 2016, the U.S. government set revised guidelines for sodium content in food products. This can make certain manufacturers refrain from using sodium propionate as a preservative, and choose an alternate preservative. A negative mindset of the general public towards artificial preservatives such as sodium propionate can also be a hurdle for the sodium propionate market.

The raw material prices for manufacturing sodium propionate are volatile, and this has led key players to face increased product costs, in certain instances. The volatile raw material prices for the production of sodium propionate affects the sodium propionate market, since sodium propionate is bought primarily in bulk, and small fluctuations in prices affect the end consumer on a larger scale.

This report covers the trends driving each segment, and offers analysis and insights of the potential of the sodium propionate market in specific regions. North America is expected to register high growth rates between 2018 and 2026, and is also expected to remain the largest market for sodium propionate through 2026. According to market attractiveness, North America and Europe are relatively more attractive markets in the sodium propionate market. Based on application, the sodium propionate market is segmented as bakery products, meat and meat products, cheese & cheese products, pharmaceuticals, personal care, agrochemicals, and others.

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Detailed profiles of the providers are also included in the scope of the report, to evaluate their long-term and short-term strategies, key offerings, and recent developments in the sodium propionate space. Key players in the sodium propionate market include Niacet Corporation, Macco Organiques Inc., Fine organic industries, Ltd, Foodchem International, Prathista Industries Ltd, DR. Paul Lohmann GmbH KG, Sigma-Aldrich, Inc., Rishi chemical works Pvt. Ltd., Titan biotech Limited, Toronto Research Chemicals Inc., Krishna chemicals, and Jainex Specialty Chemicals, amongst others.

In a latest study published by Persistence Market Research (PMR), the various dynamics impacting the softgel capsules market have been analyzed and presented in detail. This research report also throws light on the various market revenue push and pull factors, along with a detailed forecast of the global and regional markets for softgel capsules.

Innovation has been the backbone of the food and beverages industry, given the rising health awareness among the people and increased focus on organic and green products. One of the recent innovations in capsules is the introduction of vegetable capsules that are expected to replace gelatin capsules in the years to come. Vegetarian capsules enhance formulation design in both pharmaceutical and nutraceutical industries and are hence witnessing rising adoption across these two sectors. Manufacturers of softgel capsules are generating significant revenue from the pharmaceutical sector by providing vegetarian softgel capsules with efficient physiological properties such as low moisture content, making softgel capsules best suited for hygroscopic drugs and nutritional supplements. Vegetarian softgel capsules with liquid filling technology are witnessing increasing demand from nutraceutical companies, thereby providing lucrative opportunities for manufacturers of softgel capsules.

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Another trend being observed in the global market for softgel capsules is the increasing adoption of halal capsules, especially in regions with a large Muslim population. Companies manufacturing halal softgel capsules are rushing to obtain halal certification from the Islamic Food and Nutrition Council of America (IFANCA), to enhance their customer base in countries heavily populated by Muslims. The markets in countries such as Indonesia and Malaysia are heavily reliant on imports as well as domestic production of gelatin based capsules that have been produced using halal certified ingredients.

According to Persistence Market Research analysis, pharmaceutical companies have already started incorporating halal certified ingredients and manufacturing techniques to boost adoption of softgel capsules among the Muslim dominated countries of Europe and the Middle East. In some countries of the Asia Pacific region, companies are manufacturing capsules made from gelatin derived from cattle bones that are both kosher and halal certified. 

Trends like these are fueling revenues in the global softgel capsules market and as per PMR estimates, the global softgel capsules market is anticipated to reach a valuation of US$ 502.9 Mn by 2018 end, and this is projected to increase to US$ 685.8 Mn by 2026, exhibiting a growth rate of 4.0% during the period 2018 - 2026. However, factors such as side effects associated with the consumption of gelatin capsules, high price points of vegetarian capsules, and issues pertaining to product quality may restrain revenue growth of the global softgel capsules market in the near future.

Increasing Demand in Nutraceuticals and Sports Nutrition Supplements to Boost Sales of Softgel Capsules

Empty softgel capsules - both animal based and vegetable based - are widely used in colon health probiotic supplements and olive oil supplements that stimulate bone production. This has led to an increasing demand for softgel capsules across different applications in the nutraceutical sector. Softgel capsules also find wide adoption in sports nutrition. A growing health awareness among consumers has led to a surge in adoption of nutraceuticals and sports supplements, eventually fueling the demand for softgel capsules from manufacturers of nutraceuticals and sports nutrition products.

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Product Line Expansion to Create Lucrative Growth Opportunities for Manufacturers of Softgel Capsules

Softgel capsules manufacturers are upping their product offerings with a wide range of vegetarian softgel capsules with enhanced properties such as better resistance to gastric acid, faster disintegration, enteric coating, and customized capsules for clinical trials to augment their market share. For instance, some companies are manufacturing variants of vegetarian softgel capsules such as pullulan capsules, starch capsules, and HPMC capsules.

According to PMR, this may lead to increased product customization and further help boost demand for softgel capsules across the nutraceutical, pharmaceutical, and cosmecutical sectors. However, a few companies operating in the global softgel capsules market have stuck to their original product portfolio of soft and hard gelatin capsules. PMR recommends these companies to expand their product suite to include softgel capsules, vegan capsules, and plant based gelatin capsules to benefit from incremental growth opportunities in the global softgel capsules market.

Milk Protein Ingredients: Market Outlook

Milk protein ingredients are high in nutrition and functional properties and obtained from the milk and other dairy products. Milk is known as one of the major sources of protein with the presence of essential amino acids, dairy products including cheese is a source of high nutritional whey protein. Milk protein ingredients are widely considered as healthful and functional ingredients which are utilized in different food and beverages products. Some of the functional properties of milk protein ingredients are solubility, viscosity building, emulsification, heat stability, and others.

Milk protein ingredients are used in different food products such as chocolate, bakery products, beverages, confectionary, and others. Milk protein ingredients provide solubility to food products and prevent sedimentation in soups, sauces, and beverages. Milk protein ingredients also used for the flavor enhancement, for example, milk protein provides the baked flavor during the baking and heating process. In addition, they also provide color development to a variety of food and beverages products such as soups, sauces, salad dressing, and others. Milk protein ingredients also contain a high amount of protein. Casein, a milk protein ingredients contains the nearly 90% of protein content and suitable to use in various food products.

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Consumer inclination towards the protein-rich food is fueling the milk protein ingredients market

The consumer is preferring the high protein diet to getting a healthful life and paying more attention to the protein-rich sources, which is among the driving factor for providing the potential growth to the global milk protein ingredients market. In addition, growing process food consumption in the developing region is further providing a better opportunity of growth to the global milk protein ingredients market.

Food and beverage industry witnessing the trend of high intake of nutritious food, which increase the demand for milk protein ingredients in the future. However, growing awareness regarding the plant-based food consumption is influencing the use of plant-based protein, which is among the restraining factor which is affecting the global milk protein ingredients market.

Global Milk Protein Ingredients Market Segmentation 

On the basis of product type, global milk protein ingredients market is segmented as:

• Casein
• Milk protein Concentrate
• Whey Protein Concentrate
• Whey Protein Hydrolysates
• Whey Protein Isolate
• Ultrafiltered (UF) Milk Powder

On the basis of application, global milk protein ingredients market is segmented as:

• Food and Beverages
  • Bakery
  • Dairy
  • Savory
  • Processed food
  • Sports Nutrition
  • Others
• Animal Feed
• Pharmaceuticals
• Cosmetics

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Global Milk Protein Ingredients Market: Key Players

Some of the major players of the global milk protein ingredients market are Archer Daniels Midland Company, Arla Foods, DowDupont, Cargill incorporated, Kerry group, Associated British Foods, Dean Foods, Fonterra, Milk Specialties and others.

Opportunities for market participants in the global milk protein ingredients market

Milk protein contains the variety of functional properties and as well as provide the health and nutrition value to the different food products which may create the more demand of milk protein concentrates such as casein, whey protein, and others. The manufacturers of the milk protein ingredients may achieve the desired growth in the market after meeting that demand for milk protein ingredients. Furthermore, developing countries will be the focusing region for the manufacturers due to the increasing consumption of process food over there.

Food Grade Gases Market: Market Outlook

Food Grade gases are used during the production stage of preparing food with the purpose of ensuring compliance with standards. Food Grade gases are used as an additive or processing aid during food preparation. Food grade gases are primarily used in the food and beverages industry for the packaging, freezing, and carbonation of food products including bakery, dairy, meat, fruit, and other products. These gases can be used alone or with certain combinations. Some examples of the food grade gases are carbon dioxide, nitrogen, and oxygen.

Food grade gases offer several benefits to finish food products. For example, Nitrogen or Carbon die oxide can be utilized to freeze any food products rapidly and extend the shelf life of products. In addition, several gases are also used to get the right texture of food product, and some food grade gases are used to optimize the wine production process and as well as improving the quality. The main aim of using the food grade gases is to keep product hygiene, safety, and maintaining the quality of foods.

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Growing consumption of packaging foods across the world is fueling the global food grade gases market

Consumers are seeking the packaging food option in order to maintain their time-saving lifestyle which is further driving the demand for packaged food and as well as providing the potential growth of food grade gases market. Food grade gases are used in the food industry for freezing, bundling, extending shelf life and others. Increasing utilization of food grade gases in more food and beverages products is further accelerating the food grade gases market globally.

However, the high cost of food grade gases is among the major retraining factor which is affecting the food grade gases market. Furthermore, complexity in gas combinations sometimes resulted in the possible failure such as incorrect gas composition, gas leaks and others, which can affect the quality of finish food and as well as restrain the food grade gases market.

Global Food Grade Gases Market Segmentation 

On the basis of type, global food grade gases market is segmented as:

• Carbon Di Oxide
• Nitrogen
• Oxygen
• Others

On the basis of application, global food grade gases market is segmented as:

• Freezing and Chilling
• Packaging
• Carbonation
• Others

On the basis of end-use, global food grade gases market is segmented as:

• Dairy and Frozen Products
• Fish and Sea Food
• Meat
• Beverages
• Fruit and Vegetables
• Bakery and Confectionary
• Others

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Global Food Grade Gases Market: Key Players

Some of the major players of the global food grade gases market are The Linde Group, Air Products & Chemicals, Air Liquide, The Messer Group, Taiyo Nippon Sanso, Wesfarmers Ltd., SOL Group, Gulf Cryo, The Tyczka Group, Air Water, Inc. and others.

Opportunities for market participants in the global food grade gases market

Packaging technologies such as modified atmospheric technologies, chilling and freezing are extensively utilizing in food and beverages industry which is further fueling the demand of food grade gases and as well as providing the better opportunity to manufacturers. In addition, high growth in the fish and seafood industry in South Asia region is further creating the more demand for food grade gases and led to the potential growth of market participants of food grade gases market.

Food Emulsifiers Market: Market Outlook

Food Emulsifiers are the substance which acts as an interface between the two immiscible liquids such as oil and water. Food Emulsifiers are used in a variety of food and beverages applications to increase their kinetic stability. For example, natural emulsifiers such as egg and milk are used in different food applications to provide smooth texture and taste. Food emulsifier primarily made from plant, animal and synthetic sources and added mostly added to the processed food.

Food emulsifiers possess different functions and provide a smooth texture, prevent separation and as well as extend the shelf-life of food. Emulsifiers offer the pleasing bond between the food components including carbohydrate, protein, oil and fat, water, air, and others. Every component contains the different properties and emulsifier manage to merge these properties into one other. In addition, food emulsifiers are produced from natural oils including palm oil, rapeseed oil, soybean oil, and others are combined with the glycerol which resulted in the monoglyceride.

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Growing consumption of processed food among the consumers is driving the global food emulsifiers market

Processed food consumption is rapidly growing across the world due to the presence of different taste and flavors, which further fueling the growth of food emulsifiers market. Food emulsifiers have been used in a variety of processed food such as snacks, cakes, ice cream, chocolate, and others. Emerging countries such as India and China are showing the high growth in processed food consumption which providing the potential growth to the food emulsifiers market. Furthermore, multi-functionality of food emulsifiers has increased its usage in more food applications, which is also one of the major driving factors for the global food emulsifiers market.

However, food emulsifier usage is widely affected by the growing awareness about the consumption of organic and chemical free food which is among the restraining factor for the food emulsifiers market. Consumers of the developed region such as Europe and North America are more influencing towards the movement of organic food consumption in which no food emulsifiers and additive should be used. Moreover, enzymes and other food additives can be utilized as a substitute for food emulsifiers which can further affect the food emulsifiers market.

Global Almond Ingredients Market Segmentation 

On the basis of type, global food emulsifiers market is segmented as:

• Monoglycerides
• Diglycerides
• Stearoyl Lactylates
• Lecithin
• Sorbitan Esters
• Others

On the basis of application, global food emulsifiers market is segmented as:

• Bakery
• Confectionary
• Dairy Products
• Meat products
• Beverages
• Others

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Global Food Emulsifiers Market: Key Players

Some of the major players of the global food emulsifiers market are Riken Vitamin, Archer Daniels Midland Company, Cargill, DowDuPont, Kerry Group PLC, Tate & Lyle PLC, Ingredion Incorporated, Corbion N.V., Palsgaard A/S, Lonza Group Ltd. And others.

Specialty Yeast: Market Outlook

Specialty yeast is extracted from the fresh yeast and used for a variety of food applications. Specialty yeast produced from the breakdown of proteins which are available in fresh yeast. The enzymes break down the proteins into smaller components and disintegrate the yeast shell, this process further produces the specialty yeast products. Specialty yeast is utilized in different food applications including, bakery, savory, meat dishes, ready meals, and others.

Apart from that, specialty yeast also used in the brewing industry and also used in different food products to enhance the flavors.

Specialty yeast is made up of proteins, amino acids, vitamins, minerals, and carbohydrates and possesses the different technical specification from fresh yeast. Specialty yeast is known is frequently used in the food industry due to its unique and special taste. It contributes to the lowering the salt content in a variety of food products without loss of flavor. The specialty yeast contains the different functional properties which further provide the health and nutritional benefits.

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Increasing Consumption of bakery products and alcoholic beverages is driving the specialty yeast market

The consumption of bakery products such as bread, sandwiches, pasta, is continuously increasing especially in the Asia Pacific market which is among the driving factor for the specialty yeast market. In addition, specialty yeast also used in different alcoholic beverages such as wine and beer making which will be beneficial for the specialty yeast market due to the strong growth of the alcoholic beverage industry. Furthermore, consumers are demanding the natural flavors in their food products which is further accelerating the global specialty yeast market.

Specialty yeast contains the high amount of sodium which sometimes negatively affects those consumers who have a high blood pressure problem, which is further restraining the specialty yeast market. Moreover, high consumption of brewing yeast, a specialty yeast used in the brewing industry, is linked to the gas, bloating, and migraine-like headache that is among the challenges for the specialty yeast market which need to be the overcome.

Global Specialty Yeast Market Segmentation 

On the basis of type, global specialty yeast market is segmented as:

• Yeast Extract
• Yeast Autolysate
• Yeast Beta-Glucan
• Others

On the basis of species, global specialty yeast market is segmented as:

• Saccharomyces Cerevisiae
• Pichia Pastoris
• Kluyveromyces
• Others

On the basis of application, global specialty yeast market is segmented as:

• Food
  • Bakery
  • Savory
  • Functional Food
  • Others
• Beverages
• Feed
• Others

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Global Specialty Yeast Market: Key Players

Some of the major players of the global specialty yeast market are Chr. Hansen Holding A/S, Archer Daniels Midland, Lallemand, Koninklijke DSM N.V., Kerry Group, Lesaffre, Angel Yeast, AB Mauri, Synergy Flavors, Levex and others.

Opportunities for market participants in the global specialty yeast market

Specialty yeast widely used in different food applications due to its unique taste, natural flavoring and other functional properties and demand for specialty yeast products will increase, that provides the better opportunity to the manufacturers to gain the potential growth in specialty yeast market. In addition, increasing bakery and alcohol consumption in South Asia region is further providing the potential growth to the market participants of specialty yeast.

Clean Label Enzymes: Market Outlook

Clean level enzymes are the natural protein which acts as a catalyst and naturally found in all the living organism including plants, animals, microorganism, and as well as in humans. Clean label enzymes used as a catalyst in different industries which increase the rate of biochemical reactions. In the food and beverages industry, clean label enzymes are used for a variety of food applications and offer different health and nutritional benefits. Clean label enzymes mostly used in the bakery industry to strengthening the dough conditioning and offering clean label bakery products.

Clean label enzymes possess different kind of health and nutritional properties which are suitable to use in food and beverages industry.

Clean label enzyme can replace the labeled ingredients such as emulsifiers and other food additives in different food applications such as bakery, confectionery, dairy, processed food, and others. Clean label enzymes are derived from the different natural sources including fungi, bacteria, plants, and others, and labeled as natural ingredients. Lipase, a clean label enzyme used in bakery, dairy, and other food applications, is derived from different microbial sources and offer the nutritional and health benefits to the food products.

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Rising awareness towards the clean label food products is further driving the clean label enzymes market

Clean label enzymes market is driven by the growing awareness for the clean label food products and elimination of chemical included food ingredients. Consumers are paying more attention towards the natural ingredients used food products which offers the health nutritional benefits. Clean label enzymes offer the various functional properties to the food products which influencing the consumers to use more clean label food products.

Consumers are following the trends of health and wellness to getting a healthy lifestyle, which further can increase the demand for clean label enzymes due to its health and nutritional properties. However, the high cost of clean label enzymes such as lipase, amylase, and others are also affecting the price of clean label foods. This is among the major restraining factor which is affecting the clean label enzymes market.

Global Clean Label Enzymes Market Segmentation 

On the basis of source, global clean label enzymes market is segmented as:

• Microorganisms
  • Yeast
  • Bacteria
  • Fungi
• Plant and Animals

On the basis of type, global clean label enzymes market is segmented as:

• Carbohydrase
  • Amylases
  • Cellulase
  • Lactases
  • Pectinase
  • Others
• Protease
• Lipase
• Others

On the basis of application, global clean label enzymes market is segmented as:

• Bakery
  • Bread
  • Pasta and Noodles
• Beverages
  • Alcoholic Beverages
  • Fruit Juice
• Dairy
  • Cheese Production
  • Fermented Dairy Products
• Starch Modification
• Protein Modification
• Meat Processing
• Others

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Global Clean Label Enzymes Market: Key Players

Some of the major players of the global clean label enzymes market are DuPont, Novozymes, DSM, Kerry Inc., BASF SE, Chr. Hansen Holding A/S, AB Enzymes, Advanced Enzyme Technologies, Amano Enzyme Inc, Creative Enzymes, and others.

Opportunities for market participants in the global clean label enzymes market

The consumer demand for chemical free and natural free products may increase in future which further creating the demand for clean label ingredients such as enzymes. This may further increase the market share of clean label enzyme manufacturers in clean label enzymes market. Furthermore, growing bakery, dairy, and processed food in developing countries can also provide a better opportunity for market participants to gain success.

Significant growth in global market of packaging additives can also be attributed to the contributions of North America and its developed nations such as the U.S. and Canada. North America is estimated to account for more than 21.9% of the revenue of global packaging additives market in 2018. In addition, the U.S. packaging additives market has witnessed substantial growth in the past few years which is likely to remain at the forefront, leading the overall market growth during the forecast period.

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Widening Application Scope of Packaging Additives across Industries to Support Market Growth

With increasing demand of packaged food items, packaging additives have gained enormous demand from the food industry. Apart from this sector, beverage sector is likely to complement the growth of global packaging additives market. Further, pharmaceutical and healthcare industries are expected to be important contributors to the global expansion of packaging additives market during the forecast period.

While food & beverage industry continues to dominate the global market of packaging additives, accounting for more than 70% of the market revenue in 2018, cosmetic & personal care industry is anticipated to witness a high growth over the forecast period. Moreover, increasing use of personal care products over the years has been largely influencing the global demand for packaging additives.

Development of Bioplastics for Packaging Additives to Fuel Demand

Based on substrate, plastic is expected to subjugate the global packaging additive market in terms of volume. However, stringent government regulations over plastic usage below 50 micron has been considered as a restraining factor of the market growth. A focus on the development of biodegradable plastics that not only enhance the ability of plastic product to decompose easily but also reduce the carbon footprint remains one of the important strategies of manufacturers of packaging additives.

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Global Packaging Additives Market – Competitive Landscape

Leading manufactures of packaging additives are focusing on improving their production capacity as well as establishing new production plants. Various developing regions of Asia Pacific and Middle East have attracted the key market players to construct the new production units of packaging additives, giving a boost to their motive to have a worldwide presence. Important strategies also include product innovations, new launches, collaborations, and acquisitions.

Some key players operating in the global packaging additives market are BASF SE, ColorMatrix Group, Wacker Chemie AG, Valspar Corporation, Flint Group, PPG Industries Inc, Henkel, ALTANA Group, Evonik, Sun Chemical Corporation, Lubrizol Corporation, Huber Group, Arkema Inc, Songwon Industrial Co. Ltd, AkzoNobel N.V., Cytec Solvay Group, ADEKA Corporation, Clariant, and Addivant.

Carbohydrase, a constituent of bakery enzymes, has attracted the attention of the bakery manufacturers with its high thermal stability. Rise in the utilization of carbohydrase as a bakery enzymes for the preparation of cakes & pastries, flour, cookies and biscuits, and breads has, in turn, triggered the growth of the carbohydrase bakery enzymes market, which is expected to exceed the value of US$ 650 Mn by the end of 2028 and alongside boost the growth of bakery enzymes market.

Bread-based products such as sandwiches, pizzas, and burgers, offered by retailers like Pizza Hut and Subway, have been increasingly consumed by the customers. As a result, there has been a perpetual rise in the demand for bread with a considerably longer shelf life.

Inclination of consumers towards natural food ingredients has influenced them to favor natural bakery enzymes over synthetic additives like emulsifiers, which has reflected positively on the growth of the global bakery enzymes market. Additionally, rising rate of population and their food needs have proliferated the value of the bakery enzymes market. Globally, the bakery enzymes market is poised to surpass a value of US$ 1,285 Mn by the end of 2028, says a report published by Persistence Market Research (PMR).

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Demand for Organic and Gluten-Free Bread, on the Back of Rising Health Consciousness, to Lend Lucrative Growth Prospects to the Bakery Enzymes Market

Increasing health consciousness among the consumers have influenced them to choose nutritive bakery food products with a low sugar level. Additionally, governments of numerous countries have been supporting the utilization of bakery enzymes, in order to meet the consumers’ demand for clean products. Such initiatives have influenced the manufacturers of bakery products to make a notable shift towards bakery enzymes, which will favor the growth of the bakery enzymes market.

Proclivity of consumers for organic foods has created a demand for gluten-free organic bread, which is yet another robust growth driver for the bakery enzymes market. Considering this trend, Royal DSM has developed a product portfolio with bakery enzymes which adhere to the compliance guidelines of USA and EU legislation and suitable to be labelled as organic.

North America to Remain the Largest Growing Region and APEJ to be the Fastest Growing Region in the Bakery Enzymes Market

The market study lends a holistic view of the bakery enzymes market by analyzing the performance of the consolidated market in a specific region. Geographies analyzed in the report comprise APEJ, MEA, Latin America, Japan, North America, Western Europe, and Eastern Europe.

Presently, APEJ, North America, and Western Europe have procured over 85% of the total bakery enzymes market share, wherein North America remains a strong region and APEJ remains the fastest growing region for the bakery enzymes market. A wide range of innovative bakery goods and products are being launched in APEJ, which is further anticipated to drive the growth of the bakery enzymes market.

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Performance Analysis of the Key Players in the Bakery Enzymes Market

The market study encompasses an incisive view of the bakery enzymes market by analyzing the business strategies of the key market players, which include, Danisco A/S (DuPont), Lallemand Royal DSM, AlindaVelco S.A., BDF Natural Ingredients, Amano Enzymes, Caldic B.V., Advanced Enzymes, DeutscheBack (Stern-Wywiol Gruppe), Novozymes, LEVEKING, BASF, VEMO 99 Ltd., Maps Enzymes Limited, Mirpain, AB Enzymes GmbH (Associated British Food), Corbion N.V., Puratos Group, E.I. Dupont De Nemours and Company, Engrain, Dyadic International, Dansico, Mirpain, and Kerry Group, among others.

These manufacturers are endeavoring towards enhancing their products by the effective use of technology, which is supported by the local partakers of the bakery enzymes market across the globe. The manufacturers and producers of the bakery enzymes market have shifted their focus to the developing economies such as LA, MEA, and APEJ, which are deemed as underdogs of this market.

Rising concerns about health complications such as obesity, diabetes, and cardiovascular diseases have encouraged consumers to substitute fried snacks with healthier ones. As a subsequence, surging demand for plant-based snacks like cereal based snacks, fruit & nut snacks, and plant based snack bars is bringing impetus to the growth of the global plant-based snacks market, on account of their high nutritional value and contribution to the healthy eating habits. Increasing trends followed by the consumers to turn vegan, vegetarian, or flexitarian, especially in the developing and developed countries, entail better animal-based product alternatives.

Widespread assent of consumers for healthy snacks is inducing interest among the companies of the food and beverage industry towards plant-based snacks. The zeal to diversify the plant-based snacks offerings among the companies has resulted in intensified capitalization and acquisition of comparatively small companies, brands, and startups. Weighing the aforementioned robust growth drivers, a report published by Persistence Market Research (PMR) opines that the global plant-based snacks market is poised to witness lucrative growth by clocking a notable CAGR of 8.7% by the end of 2028.

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Salted Plant-based Snacks Market to Procure the Largest Market Share As Compared to the Other Product-based Segments

Bifurcating the plant-based snacks market on the basis of the product type, plant-based salted snacks is projected to hold a considerable share of over 41% of the consolidated plant-based snacks market revenue in APEJ.

When consumers shift their diet to plant-based snack products, they find it difficult to stick to the diet, considering the lack of flavor in these natural products. Salted snacks enhance the taste of the products and increase their likeability for the consumers. As a result, there has been a substantial increase in the adoption of plant-based snacks that are salted in nature. 

Proliferated Adoption of Vegan and Vegetarian Diet in the Developed Economies to Gain Impetus to the Growth of the Plant-based Snacks Market

The report comprises of an incisive view of the regional plant-based snacks market for North America, Japan, Western Europe, Latin America, Asia Pacific Excluding Japan, Eastern Europe, and the Middle East and Africa. Currently, the countries of North America contribute massively to the growing size of the plant-based snacks market, on account of the rapid adoption of the vegetarian and vegan diet. This has improved the per capita consumption of plant-based snacks in these regions. Consequently, the North American plant-based snacks market is projected to procure a healthy CAGR of over 7% and surpass a market value of over US$ 23,239 Mn through 2028.

Following North America, APEJ has been witnessing an impressive growth in the plant-based snacks market, owing to the consumers’ inclination towards health and wellness. Rise in their disposable income has underpinned the proliferated adoption of a healthy lifestyle by all means including diet with plant-based snacks, which has favored the growth of the plant-based snacks market in this region with an estimated CAGR of 9.7% by the end of 2028.

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A Synopsis of Fierce Competition Prevailing in the Global Plant-based Snacks Market

The study offers a detailed analysis of the key players reinventing the contemporary landscape of the global plant-based snacks market. The key players of the plant-based snacks market analyzed in the report include General Mills Inc., The Unilever Group, Nestle, Primal Spirit Foods, Inc., Maple Leaf Foods Inc., Louisville Vegan Jerky Company, Blue Diamond Growers, Inc., Eat Natural, Green Park Snacks Ltd, Eat Real, Quorn, Oumph, Soul Sprout, Upton’s Naturals, Nutrifusion, Drink Eat Well, LLC, Go Raw®, Greenleaf Foods, SIREN SNACKS, and Zellee Organic, among others, are some of the forerunning players in the plant-based snacks market.

These key players are analyzed on the basis of their product portfolio, market segment based profitability, sales footprint, production footprint, channel footprint, and business strategies. These insights will help the suppliers, distributors, and manufacturers of the plant-based snacks market to devise intelligent strategies, in order to sustain their plant-based snacks business.

Rapid inclination of consumers towards sport nutrition on the coattails of rising awareness regarding health and nutrition-related issues has been influencing the demand for protein hydrolysate ingredients, mostly whey variants, in the recent years. Numerous health benefits of whey protein hydrolysate ingredients and their derivation from best sources of protein are the key factors expected to increase the consumption and give a boost to growth of global protein hydrolysate ingredients market.

The global market protein hydrolysate ingredients is estimated to be valued at US$ 1 billion in 2018 and grow at an significant CAGR of 7.3% to double the total revenue through 2018.

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Whey Protein Hydrolysate Ingredients to Witness Market Saturation

Despite their dominance, whey protein hydrolysates are likely to be on the verge of facing saturation in the global protein hydrolysate ingredients market, which is projected to surpass US$ 1 billion by 2028-end, owing to their easy applicability, versatility, and great taste over other variants. Based on consumption, the segment for whey protein hydrolysates is foreseen to attain a volume of more than 59,000 MT by the end of the forecast period (2018-2028). Further, increasing demand for whey protein hydrolysate ingredients among athletes, sportspersons, and health-conscious population is likely to complement the market growth.

Meat protein hydrolysate ingredie

nts, on the other hand, are anticipated to represent a lower growth rate due to decreasing number of consumers preferring products processed from meat. This is further likely to be affected by growing vegan population across the globe.

Casein protein hydrolysate ingredients and plant protein hydrolysate ingredients are anticipated to witness a promising rate of consumption during the forecast period, while milk protein hydrolysate ingredients will possibly register a moderate consumption rate between 2018 and 2028.

North America Continues to Subjugate Global Protein Hydrolysate Ingredients Market, China Holds Significant Share in Asia Pacific

Growth in number of specialty food ingredient processing industries in developed countries such as the United States is influencing North America to reign supreme in global protein hydrolysate ingredients market.

Emerging economies including China, India, and Southeast Asian countries have been witnessing a steady growth of specialist nutrition market, which is predicted to favor the adoption of protein hydrolysate ingredients in the near future. China will remain the most lucrative Asia Pacific region for protein hydrolysate ingredients market, accounting for substantial value share over the forecast period.

China’s one-child policy has been influencing consumer interest in specialist nutrition product, while its increasing geriatric demographic is expected to drive the demand for protein hydrolysate ingredients which are nutritionally beneficial and promote faster postoperative recovery.

Hydrolysate-based infant formula products have been gaining increasing popularity in Chinese market, which is further driven by launch of various infant and toddler formula in the country. These factors have been envisaged to determine the prominence of China in the global protein hydrolysate ingredients market.

New Product Launches and Innovations to Reduce Bitterness in Taste Remain Key Focus of Leading Players

Hydrolysates are considered to impart bitter taste in food products, and therefore a focus on the development of products with improved taste and reduced bitterness remain one of the important growth strategies of key players operating in global protein hydrolysate ingredients market. They are further targeting on producing the ingredients that can be added to a number of food & beverage products without compromising their original taste.

With rapid penetration of new players, the global protein hydrolysate ingredients market is expected to reach a saturation point where growth in production will either meet the demand or surpass it over time.

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Leading players operating in the global protein hydrolysate ingredients market include Arla Food Ingredients, Costantino & C. spa, Fonterra Co-operative Group Limited, Armor Proteines, Kerry Group Plc, Glanbia Plc, Carbery Group Limited, Davisco Foods International, Inc., Hilmar Ingredients, FrieslandCampina N.V., Tate & Lyle plc, Abbott Laboratories, Agropur Inc., Danone S.A. and Archer Daniels Midland Company.

A report published by Persistence Market Research on the pesticide inert ingredients market considers the global industry analysis for 2014–2018 and forecast 2019–2029 to project that the pesticide inert ingredients market is anticipated to reach nearly US$ ~ 5 Bn by the end of 2019 in terms of value, and is forecasted to reach US$ ~ 9 Bn by the end of 2029. The global pesticide inert ingredients market is expected to grow at a CAGR of ~ 5 % in terms of value from the estimated year (2019) to the forecast year (2029).

The crop protection sector is one of the fastest-growing sectors in the agriculture industry. Crop protection solutions are essential tools in crop management, and play a very important role in protecting crops from insects, weed, and fungal attacks. The demand for crop protection solutions is increasing day-by-day and manufacturers are able to provide solutions with new and innovative formulations. Numerous products are launched in the market and with every new product, thousands of ingredients are getting used in the manufacturing of crop protection solutions. These factors are expected to drive the growth of the pesticides inert ingredients market.

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South Asia Region Expected to Boost the Growth of the Pesticide Inert Ingredients Market

Most of the South Asian countries have developing economies that are based on the agriculture industry. This region has huge agricultural land and the agriculture sector is growing rapidly. India, Malaysia, Thailand, and Indonesia are the largest economies where agriculture sector holds the highest share in the GDP growth. These countries have registered increasing consumption of pesticides in agricultural practices with the highest CAGR in the global pesticide inert ingredients market.

Ascending Pesticide Usage in Modern Agriculture

Numerous innovations are taking place in the agriculture industry with developments in science and technology. Pesticides play an important role in the agriculture industry as crop protection solutions. Agriculture production is influenced by food trends, and as of now, the demand for food products is increasing dramatically. Hence, crop growers are adopting modern and advanced agriculture practices. Pesticides are getting used on a large scale in crop protection management. Due to these reasons, pesticide use is increasing in modern agricultural practices. Thus, the demand for pesticide inert ingredients is expected to increase on a huge scale.

Household and Industrial Uses of Pesticides Surging the Demand for Pesticide Inert Ingredients

Manufacturing industries require storehouses and warehouses to keep raw materials as well as finished goods. For the purpose of preserving goods for a long-time period and avoiding insect or fungal infestation, pest control is done. Suppliers and distributors use pesticides on a large scale for pest control. Household use of pesticides in gardens and storerooms is also increasing. These factors are creating huge opportunities for pesticide and pesticide inert ingredients.

Negative Impact of Pesticide Inert Ingredients on Non-Target Organisms

Sometimes, pesticide inert ingredients affect non-target organisms. Herbicides, also known as weed killers, sometimes damage crops as well. Also, herbicides can have a negative effect on livestock and cause many diseases in them. Due to these reasons, inert ingredients go through many trials before registration and the registration process for use in end-use products as an ingredient is quite tedious. These factors are becoming barriers in the growth of the pesticide inert ingredients market.

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Key players included in the pesticide inert ingredients market report are Clariant, Eastman Chemical Company, Evonik Industries, Solvay, BASF SE, Huntsman International LLC., DowDuPont, Oleon Corporate, Stepan Company, Croda International Plc., Chromatech Incorporated., Parry America, Inc. and others. Key competitors in the pesticide inert ingredients market are focusing on strategic product developments, and looking for new growth opportunities in the global pesticide inert ingredients market.

Hydroxypropyltrimonium Hydrolyzed Wheat Protein Market: Overview

The growing awareness among the consumers about the ingredients they use in beauty and personal care (BPC) products have disrupted the BPC industry. Thus, market players are keen in formulating products using ingredients such as hydroxypropyltrimonium hydrolyzed wheat protein that appeals more natural to the customers. Hydroxypropyltrimonium hydrolyzed wheat protein is an ingredient that offers numerous benefits to hair. Hydroxypropyltrimonium hydrolyzed wheat protein prominently aids the bleached, permed, colored or chemically treated hair.

Hydroxypropyltrimonium hydrolyzed wheat protein is an oligosaccharide having source of non-animal protein. Hydroxypropyltrimonium hydrolyzed wheat protein enhances the tensile properties of the hair fibers by controlling rate of moisture loss, making the hair elastic. It  penetrates the cortex of the hair preventing its damage. Hydroxypropyltrimonium hydrolyzed wheat protein thickens and adds volume to the thinning hair. However, hydroxypropyltrimonium hydrolyzed wheat protein can easily penetrate in damaged hair than healthy hair.

The enzymatic technique of producing hydroxypropyltrimonium hydrolyzed wheat protein is most commonly used by the cosmetics industry to achieve molecular weight between 25 and 90 kilodalton. The molecular weight of hydroxypropyltrimonium hydrolyzed wheat protein is a critical property that allows its penetration in the hair shaft. The lower the molecular weight, the better the penetration of hydroxypropyltrimonium hydrolyzed wheat protein.

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Hydroxypropyltrimonium Hydrolyzed Wheat Protein Market: Market Dynamics

Hydroxypropyltrimonium hydrolyzed wheat protein offers the benefits of improving elasticity, hydration, protecting of cuticles, and increases hair conditioning effects. Personal grooming, health-conscious consumers, and high standard of living are some of the key factors fuelling the growth of hydroxypropyltrimonium hydrolyzed wheat protein market. Hair thinning and baldness is one of the common hair issues faced by most of the population in the world. Hence, hair treatments includes hydroxypropyltrimonium hydrolyzed wheat protein as a critical component. Thus, there is a high demand from brands and clinics offering hair treatment products and services.

Despite of various advantages offered by hydroxypropyltrimonium hydrolyzed wheat protein, there is still little awareness among the population about the ingredient. Manufacturers and retailers must strategize to promote the benefits of hydroxypropyltrimonium hydrolyzed wheat protein to consumers to generate more awareness and fuel the market economy. Although there are hardly any side-effects of products using hydroxypropyltrimonium hydrolyzed wheat protein as a key ingredient, a small percentage of the population may suffer from meager adverse effects such as irritation, redness, and itching. Thus, it acts as a restrain for the hydroxypropyltrimonium hydrolyzed wheat protein market growth.

Hydroxypropyltrimonium Hydrolyzed Wheat Protein Market: Market Segmentation

The Hydroxypropyltrimonium Hydrolyzed Wheat Protein market is segmented into product type, end use, form, sales channel, and geography.

Based on product type, the hydroxypropyltrimonium hydrolyzed wheat protein market is segmented into:

• Shampoos
• Conditioners
• Masks
• Moisturizers
• Others

Based on end use, the hydroxypropyltrimonium hydrolyzed wheat protein market is segmented into:

• Hair care
• Skincare
• Other end use

Based on form, the hydroxypropyltrimonium hydrolyzed wheat protein market is segmented into:

• Liquid
• Powder

Based on sales channel, the hydroxypropyltrimonium hydrolyzed wheat protein market is segmented into:

• Direct
• Indirect
  • E-commerce
  • Independent Stores
  • Hypermarket/Supermarket
  • Specialty Stores
  • Others

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Hydroxypropyltrimonium Hydrolyzed Wheat Protein Market: Key Players

Some of the major players in the hydroxypropyltrimonium hydrolyzed wheat protein market Croda International Plc, Arvazallia, BASF SE, MakingCosmetics Inc., Canus, Tints of Nature, Korres S.A. Natural Products, Hair Rejuvenation Clinic, Parchem fine & specialty chemicals, Hefei TNJ Chemical Industry Co.,Ltd. and among others. These key market players are estimated to improve the market growth with innovative product formulations in beauty and personal care products.

Linum Usitatissimum (Linseed) Seed Market: Overview

Consumer awareness of the potential benefits of Linum usitatissimum (linseed) seed is a significant factor in boosting global market growth. Linum usitatissimum (linseed) seed contains 57% linolenic acid, 19% oleic acid, 6% palmitic acid, and 4% stearic acid. It is commonly known as flax seeds.

Linum usitatissimum (linseed) seed, when used in beauty and personal care products, it functions as a skin-conditioning agent. It is exclusively used in skincare products, bath products, and cleansing products. The high content of omega-3 acid in Linum usitatissimum (linseed) seed, repairs the dry and brittle hair strands. It also assists with hair loss prevention and anti-dandruff. Moreover, Linum usitatissimum (linseed) seed seals and protects the color-treated hair.

As in Linum usitatissimum (linseed) seed helps the body in secreting more oil, it keeps the body soft and supple. Use of Linum usitatissimum (linseed) seed extract in winter care products such as creams and lotions, prevents moisture from escaping the skin. Thus, Linum usitatissimum (linseed) seed makes up a perfect ingredient for winter care products range. Moreover, Linum usitatissimum (linseed) seed controls the sebum production that is responsible for acne. Thus, the use of Linum usitatissimum (linseed) seed extract in skincare products enhances acne-free skin. Increased product launches containing Linum usitatissimum (linseed) seed is expected from the leading manufacturers’ across the globe.

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Linum Usitatissimum (Linseed) Seed Market: Market Dynamics

The growing interest of consumers in product ingredient for safe use is a significant factor driving the Linum usitatissimum (linseed) seed market. The high content of omega-3 acid in Linum usitatissimum (linseed) seed the primary attraction for its use. Omega-3 helps to keep the skin healthy, prevents premature aging, and safeguard against sun damage. Thus, the omega-3 acid present in Linum usitatissimum (linseed) seed allows the manufacturer to use as a critical ingredient for eye care products, hair care products, and skincare products. Thus, manufacturers are keen to formulate products using Linum usitatissimum (linseed) seed as an ingredient.

Apart from increased consumer awareness, globalization, pollution, developing urban areas leads to change in lifestyle, and growing significance of personal care products in day-to-day life are the factors that positively influence the Linum usitatissimum (linseed) seed market development. Manufacturers of personal care products are anticipated to incorporate collaborations and mergers and acquisition with the suppliers of Linum usitatissimum (linseed) seed for a continuous supply for product production at the growing rate. Linum usitatissimum (linseed) seed market players in Canada, China, and India are forecasted to have many new opportunities and trends to enhance market growth further.

Linum Usitatissimum (Linseed) Seed Market: Market Segmentation

The linum usitatissimum (linseed) seed market is segmented into product type, end use, form, sales channel, and geography.

Based on product type, the linum usitatissimum (linseed) seed market is segmented into:

• Lip balm
• Masks
• Moisturizers
• Cleansers
• Oils
• Shampoos and conditioners
• Others

Based on end use, the linum usitatissimum (linseed) seed market is segmented into:

• Body care
• Skincare
• Hair care
• Lip care
• Other end use

Based on form, the linum usitatissimum (linseed) seed market is segmented into:

• Oil
• Powder

Based on sales channel, the linum usitatissimum (linseed) seed market is segmented into:

• Direct
• Indirect
  • E-commerce
  • Independent Stores
  • Hypermarket/Supermarket
  • Specialty Stores
  • Others 

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Linum Usitatissimum (Linseed) Seed Market: Key Players

Some of the major players in the linum usitatissimum (linseed) seed market Amorepacific LLC, Inna Organic, Annmarie Gianni Skin Care Company, BEB Organic, Celltrion SkinCare Company, Juice Beauty, Inc., Hain Celestial Group, Inc., Oyin Handmade, Benefit Cosmetics LLC, Dead Sea Laboratories Ltd., and among others. These key market players are estimated to improve the linum usitatissimum (linseed) seed market growth with innovative product formulations in beauty and personal care products.

Crude Transportation Market: Market Introduction

Rapid growth of the transportation and logistics industry has enhanced the standards for transportation drastically. Additionally, industries and companies need to deliver goods as quickly as possible, at minimum cost and with no damage. Thus, transportation industry is undergoing technological changes, intermodal transport being one of them. Intermodal transport is the used for transportation of goods from shippers to consignee with the help of two modes of freight, such as rail and truck. It is estimated that more than 20 million containers are moved via intermodal shipping each year. In present scenario, continues surge of more reliable, efficient and safe transportation is expected to fuel the growth of intermodal transport market in terms of value.

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Intermodal Transport Market Drivers

Some of the driving factors for the intermodal transportation market include, accelerated adoption of containerization, need for, safe, more reliable and efficient transportation system. On other hand, increasing trade and business relationships between various regions globally are expected to ensure new opportunities for the intermodal transport market. Government stringent rules pertaining to the cargo, containers and tank transportation is expected to positively influence the growth of the intermodal transportation market. Economic growth and increasing penetration of the logistics players in the developed countries is expected to fuel the growth of the intermodal transportation market during the forecast period.

Opportunities for the intermodal transportation market:

Increasing penetration of the logistics players in the developing countries is expected to fuel growth of the intermodal transport market. Moreover, regions such as Latin America, South Asia, and Oceania are expected to witness a rapid growth in the intermodal transportation market in the coming year. Adoption of the Geospatial Intermodal Freight Transportation (GIFT) across the world is expected to register new growth opportunities for the intermodal transport market during the forecast period.

Trend of the Intermodal Transport Market:

The introduction of containerization in transportation and shipment industry has permitted easy handling and has eliminated the concept of repackaging while change of modes. Growth in domestic intermodal transportation market is also positively influencing growth of the intermodal transportation market. Moreover, intermodal transportation is generally adopted by key players to increase the logistics efficiency and to improve supply chain management.

Intermodal Transport Market Challenges:

Lack of intermodal transportation knowledge and training is restraining the rapid growth of intermodal transport market in some developing and underdeveloped countries. However, increasing penetration of key players in such countries, increasing world trade and increasing globalization is expected to fuel growth of the intermodal transport market in in the untouched regions during the forecast period.

Intermodal Transport Market: Segmentation

Segmentation of the Intermodal Transport market on the basis of solutions:

• Fleet management
• Intermodal dispatch
• Freight security
• Terminals
• Warehousing
• Trucking software

Segmentation of the Intermodal Transport market on the basis of services:

• Managed Services
• Consulting Services
• Customization services

Segmentation of the Intermodal Transport market on the basis of type of mode:

• Rail-road,
• Road-water
• Road-air
• Other

Segmentation of the Intermodal Transport market on the basis of vertical:

• Consumer and retail
• Oil and gas,
• Manufacturing Industry
• Energy and Utility
• Mining
• Aviation
• Construction,
• Chemicals
• Pharmaceuticals and healthcare
• Food and beverages
• Others

Segmentation of intermodal transportation market on the basis of mode of ownership

• Asset Owned
• Manufacturers
• Trade Integrators

Intermodal Transport Market: Market Participants

Examples of some of the key players identified in the Intermodal Transport market are DHL, DB Schenker,, FedEx, DSV, Yusen Logistics, Kunel+Nagel, Xpo Logistics,   GE Transportation, HighJump Software, TMW Systems, and Trinium Trucking Systems. The logistics and integrated service providers work together of the whole process of intermodal transport. These players are expected to profoundly influence the Intermodal Transport market during the forecast period.