Press release
Non-dairy Whipping Agents Market to Approach US$ 593.7 Million by 2026 end
Non-dairy Whipping Agents Market
In 2019, the global revenue of non-dairy whipping agents market is likely to surpass US$ 375 million, as indicated by a new study on the global non-dairy whipping agents market published by Persistence Market Research.
As the report suggests, food processing remains the largest end use segment, accounting for a roughly 55% revenue share in the non-dairy whipping agents market. The study also offers exclusive insights on the form of non-dairy whipping agents. Owing to the cost benefit during transit, cold storage, shipping, and maintenance, liquid whipping agents continue to generate the most of market revenue, over powdered non-dairy whipping agents.
๐๐ฒ๐ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ข๐ณ ๐๐๐๐ต๐ถ๐ป๐ด๐ ๐ฆ๐๐ป๐ฑ๐ฟ๐ผ๐บ๐ฒ ๐๐ป๐ฑ ๐๐ฐ๐ฟ๐ผ๐บ๐ฒ๐ด๐ฎ๐น๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐@ https://www.persistencemarketresearch.com/samples/25918
Desserts Register Rising Consumption of Non-dairy Whipping Agents
The report states that bakery and desserts collectively account for more than 70% share of the total value of non-dairy whipping agents market - the share of bakery is however relatively higher.
While baking is most likely to remain the most sought after application of non-dairy whipping agents owing to a consistent upsurge in the demand for stabilizers and whipped toppings, the report points to prominently growing adoption of whipping agents for taste enhancement.
A growing number of manufacturers are striving for innovation of non-dairy whipping agents to cater to evolving demands of the trending vegan lifestyle. Ice creams, desserts, and baked products are most likely to demonstrate notable innovation and consumption. Aerated food products segment is highlighted as a rapidly emerging segment.
The Limelight Still Belongs to Europe's Non-dairy Whipping Agents Market
Europe secures the top ranking position globally, followed by North America. The former currently holds around 1/3rd share in the total value of non-dairy whipping agents market owing to a few prominent factors, including -
โข Largest bakery market across the globe
โข Highest aerated food products consumption
โข Presence of the premium class consumer
โข High consumer awareness about healthful food ingredients
Despite the two developed regional markets are likely to remain the dominant over others in the global marketplace, the report indicates that Asia Pacific reflects a relatively higher growth potential. This growth is attributed to the widening expanse and diversification of bakery sector across Asian economies and rapid industrialization of the F&B industry in the region.
Research also positions Latin America's market for non-dairy whipping agents as an attractive regional territory for investors, as the region is steadily witnessing a growing consumer preference for healthful products that are available in a wide range of flavors.
๐๐ผ๐ฟ ๐ฐ๐ฟ๐ถ๐๐ถ๐ฐ๐ฎ๐น ๐ถ๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐๐ต๐ถ๐ ๐ก๐ผ๐ป-๐ฑ๐ฎ๐ถ๐ฟ๐ ๐ช๐ต๐ถ๐ฝ๐ฝ๐ถ๐ป๐ด ๐๐ด๐ฒ๐ป๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐, ๐ฟ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ต๐ฒ๐ฟ๐ฒ@ https://www.persistencemarketresearch.com/request-customization/25918
Elevating Palm Oil Trade Activities Push Market Growth
Indigenous to West Africa, oil palms are cultivated across the globe, including the entire African continent, North America, Asia Pacific, and Latin America regions. Indonesia is currently the top producer and exporter of palm oil, followed by Malaysia.
As palm oil constitutes one of the key ingredients used in the making of non-dairy whipping agents, the flourishing palm oil market scenario is directly stimulating the growth of non-dairy whipping agents.
PMR Tracks Key Trends in Competitive Landscape
Organic Ingredients
On the backdrop of a growing trend of organic foods, manufacturers focusing on NPD are emphasizing a transparent production process and clean labeling with an objective to retain consumer confidence. The US alone invests more than a billion dollar in organic foods import each year, says research.
Strategic M&A
Strategic mergers and acquisitions also continue to influence the developmental strategies of leading companies in the global non-dairy whipping agents market.
๐๐ผ ๐ง๐ผ "๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐ก๐ผ๐" ๐ง๐ผ ๐๐ฒ๐ฐ๐ถ๐ฝ๐ต๐ฒ๐ฟ ๐ง๐ต๐ฒ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ป ๐ข๐๐ฟ ๐๐๐๐ต๐ถ๐ป๐ด๐ ๐ฆ๐๐ป๐ฑ๐ฟ๐ผ๐บ๐ฒ ๐๐ป๐ฑ ๐๐ฐ๐ฟ๐ผ๐บ๐ฒ๐ด๐ฎ๐น๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐@ https://www.persistencemarketresearch.com/checkout/25918
Imitation Whipping Creams
To cater to the towering large-scale demand for cost-effective whipping creams, a majority of key players in non-dairy whipping agents market are concentrating on the production of low-fat, economical imitation whipping creams that demand an exclusive combination of stabilizers and emulsifiers to deliver the desired foam stability.
A number of market players such as Graviss Foods are also focusing on new product launches in the non-dairy or dairy-alternative whipped toppings, especially for the bakery sector.
Sustainable Emulsifying Agents
To cater to evolving consumer perceptions and tightening food regulatory standards, companies are preferring sustainable ingredients over conventional components. Ingredients such as vegetable-based emulsifiers have been creating a popular trend translating into a heap of investment opportunities for companies.
๐ฅ๐ฒ๐ฎ๐ฑ ๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด "๐ฃ๐ ๐ฅ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐๐ฟ๐๐ถ๐ฐ๐น๐ฒ"- https://www.prnewswire.com/news-releases/non-dairy-whipping-agents-market-predicted-to-reach-us-375-million-by-2019-persistence-market-research-864147234.html
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๐๐ฏ๐ผ๐๐ ๐๐:
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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