Food & Beverages Industry Highlights

San Francisco, 12 September 2018 - The global  lecithin market  is expected to reach USD 1.49 billion by 2025, according to a new report by Grand View Research, Inc. The growing awareness about natural emulsifiers and its rising demand in the manufacturing of food products is expected to drive the market growth. The emulsification and lubricant properties exhibited by lecithin coupled with eco-friendly nature have increased its importance. The product has numerous applications in the pharmaceutical, food & beverage, animal feed, paints, and industrial sectors. The growing demand for the product in chocolate & confectionery, margarine & spreads, bakery products, and beverages is anticipated to propel the market growth. The demand in Europe is increasing rapidly owing to the presence of a large number of sunflower lecithin manufacturing facilities in the region. The market in Asia Pacific is anticipated to grow rapidly on account of growing number of oilseed ...

The global  animal feed micronutrients market  is expected to reach USD 2.12 billion by 2025, according to a new report by Grand View Research, Inc. The demand is expected to grow significantly over the coming years on account of high application scope coupled with increasing utilization in poultry application. The market is driven by the capability of the product to increase the weight and improve the overall health of the animals. The deficiency of micronutrients can lead to hardening & cracking lesions on pig skin and slow growth, poor feathering, & abnormal skeletal development in poultry. This is likely to have a positive impact on the consumption over the forecast period. Asia Pacific was the major consumer of the product in 2016 and is expected to witness growth at a CAGR of 7.8% from 2017 to 2025. Factors such as rapid urbanization, growing population, and rising consumer willingness to spend are expected to increase the demand for various kinds of meat i...