Sales of gluten-free products will continue to grow by 2022

According to a new report published by Allied Market Research, titled, “Gluten-Free Products Market by Type: Global Opportunity Analysis and Industry Forecast, 2014–2022,” the gluten-free products market was valued at $3,126 million in 2015, and is projected to reach $5,279 million by 2022, growing at a CAGR of 7.5% from 2016 to 2022. Gluten-free bakery products segment dominated this market, occupying approximately half of the total share of the market revenue in 2015.

As per AMR analysis, “The gluten-free ready meals segment is anticipated to witness the highest growth during the forecast period, owing to increase in number of working women as well significantly increase in per capita disposable incomes especially in emerging economies across the globe.”

Read more details of the report at: https://www.alliedmarketresearch.com/gluten-free-products-market

The global market is expected to witness substantial growth in the near future, attributed to factors such as promotion of health and wellness, increase in demand from millennial, improvement in marketing activities, rise in awareness about celiac disease and other gluten allergies. However, price sensitivity is a factor which is projected to restrain the market growth. Increase in incidence of celiac disease is one of the driving factors of the market. The numbers of celiac patients rise across the globe which has increased the demand of gluten-free products for their intolerance toward wheat. Moreover, rise in demand from millennial is a significant factor which is leading to the market growth. Many people seeking weight management and digestive health involve gluten-free foods in their lifestyle and help transform the market.

In the year 2015, the gluten-free bakery products segment occupied approximately 60% share of the overall market revenue, and is anticipated to maintain its dominance during the forecast period. This is due to increase in inclination of consumers toward healthy bakery products such as biscuits and breads as well as increase in use of packaged bakery products among working professionals across the globe.

Key findings of the study:

• Gluten-free pasta segment is anticipated to grow at the fastest rate during the forecast period.
• Europe is estimated to continue to lead the market in terms of market share.
• Australia occupied for more than one-fifth of the total share of the Asia-Pacific gluten-free products market in 2015.
• India is estimated to grow at the highest CAGR of 8.9%, in terms of revenue.
• Gluten-free ready meals segment is expected to show a significant growth in the Asia-Pacific region.

Request for sample copy of this report at: https://www.alliedmarketresearch.com/request-free-sample/1810

Europe accounted for the largest share in the global gluten-free products market, due to increase in awareness among consumers toward healthy food products. North American region is further expected to account for the second largest share in the global market, due to increase in incidence of celiac disease and gluten intolerance, and is anticipated to register the highest growth rate during the forecast period.

Some of the major players operating in the global gluten-free products market are Pinnacle Foods, Inc., Hain Celestial Group, Inc., General Mills, Inc., Kellogg Company, The Kraft Heinz Company, Genius Foods Pvt. Ltd, Freedom Foods Group Limited, Mondelez International Inc., Wessanen and Valeo Foods Group Limited.

Present Scenario of Global Aquafeed Market - Allied Market Research

Aquafeed market Report, published by Allied Market Research, forecasts that the global market is expected to garner $156 billion by 2022, registering a CAGR of 13.3% during the period 2016-2022. Fish and molluscs end use segment accounted for more than three fourth of the total aquafeed consumption. Total consumption of China and Indonesia was about 75% of the Asia-Pacific aquafeed market in 2015.

“Fish and molluscs end use segments together dominated the aquafeed market, and are estimated to grow with the CAGRs of 13.3% and 13.4%, respectively. Around half of the fish feed was consumed by carps and salmon collectively in 2015. The increasing per capita consumption of fish is expected to continue during the forecast period, owing to surging demand for seafood and protein rich diets, fuelling growth for the aquafeed market for fish.”

Access more details of the report at: https://www.alliedmarketresearch.com/aquafeed-market

Why This Multimillion Dollar Pet Food Company Won't Sell to PetSmart or Petco

The Honest Kitchen has achieved a 30 percent year-over-year revenue growth rate in 14 years in the pet food market.

The Honest Kitchen was ranked in the 2016 Entrepreneur 360™, our annual list of the best entrepreneurial companies in the U.S. Founder and CEO Lucy Postins will make an appearance on a panel at the Entrepreneur 360™ Conference.

The original interview by Matt McCue appears in the November 2016 issue of Entrepreneur. Subscribe now.

Company: The Honest Kitchen makes dog and cat food with high-quality, human-food ingredients (like coconut, spinach, and quinoa).

Impact: In 14 years, the company has grown to 49 employees, and it’s on track to double its revenue inside of two years, from $20 million in 2014 to a projected $40 million in 2016.

How did you decide there was a market for high-quality pet food? 

My dog was suffering from chronic ear infections, and I was spending a fortune at the vet on steroids and antibiotics that never brought a true cure. So I researched and started making my own food for him. It cured his earaches—and made a huge mess in my kitchen. That led to the idea of dehydrated food, to still feed him healthy foods without the mess. I had a background in the conventional pet food industry, and I was aware of some of the unsavory things that go into good old-fashioned pet food, so I began to think about how to make my product different. Human-grade pet food was the most obvious way.

To clarify, “human grade” means food fit for human consumption and produced in a facility that makes human food? 

Correct. The Honest Kitchen is the only nationally recognized kitchen allowed by the FDA to say “human grade” on the product label. We literally taste every single ingredient we use.

How’s revenue growth? 

We’re growing, on average, 35 percent to 45 percent a year. Last year our revenue was $30 million, and this year our goal is $40 million.

Read More at: https://www.entrepreneur.com/article/284681

 According to Pet Food Institute (PFI), sales of cat and dog food rose to $19 billion in 2012. Pet owners are willing to spend more on products that promote the health and happiness of their pets. This trend makes pet food an attractive investment opportunity. 

Know more in Pet Food Industry at: https://goo.gl/ceujmQ

Medicated Feed: A Novel Way to Improve Health through Animal Feed Additives

Medicated feed is a route in which veterinary medicines are administrated through feed. It is the best method suited for food-producing and companion animals.

Feed additives are added in animal diets to enhance the quality and characteristics of animal feed. It helps to improve overall digestive performance, palatability, and quantity of meat produced from them. In poultry feed, additives are used to improve laying capacity and feed utilization of birds as well as disease prevention. Demand for good quality of meat, outbreak of livestock diseases, and industrialization of meat production are factors responsible for growth of animal feed additives.

Get a detailed research in Animal Feed Industry at: https://www.alliedmarketresearch.com/animal-feed-additives-market

Insects as a source of protein in animal feed:

NuScience is researching on efficacy of insect larvae as a source of protein in feed for fish, pigs, and chicken as a part of PROteINSECT project. Poultry owners are relying on soybean meal as a source of protein. There is a protein deficit in EU poultry feed and they have identified fly larvae as a potential feed additive to meet protein demand. Various insects, such as housefly were considered to have a high nutritional value. They tested whether inclusion of extracted insect proteins and crude insect meal would affect zootechnical performance and address health issues of broiler chickens. Researchers found that replacing standard protein sources partially with insect proteins makes no difference in zootechnical performance in poultry. More trials will assess the conformity of these results. They will also assess whether full replacement of conventional protein sources by insect protein makes difference in improving health of broiler chicken.

MEP takes crucial step to medicate animals through feed:

Agriculture Committee of Members of European Parliament (MEP) voted with a large majority for new rules that enable an efficient, optimal, and responsible administration of medicines in animal feed. It allows doctors to treat sick animals by including approved medicines in animal feed. This step also provides an additional method to ensure safety and maintain health of animals. IFAH-Europe appreciates efforts of committee to improve the proposal and ensure that feed will be administrated along with other recognized oral means.

The implementation of rules about the usage of inclusion of feed in approved medicines is necessary to fight against antimicrobial resistance. Medicated feed is a route in which veterinary medicines are administrated through feed. It is the best method suited for food-producing and companion animals.

Roxane Feller, IFAH-Europe Secretary General, said, “IFAH-Europe supports the efforts to align key definitions with the proposed Veterinary Medicines Regulation – also currently undergoing a review - which will be important for the future smooth operation of the legislation. We welcome the measures put in place for anticipated production and changes to the method of distribution, which will permit the development of medicated feed for the treatment of chronic diseases in companion animals. This will bring real benefits to pets on long-term medication, and also to their owners in terms of ease of administration.”

Analysts studying the market have revealed a comprehensive information about changing market trends in research reports. Recently, Allied Market Research has published a report titled, “Global Animal Feed Additives Market - Opportunities and Forecast, 2014 - 2021.” As per the report, the global animal feed additives market is expected to register a CAGR of 6.5% from 2015 to 2021 and estimated to reach $27.9 billion by 2021. The report provides an extensive analysis of drivers & opportunities, competitive scenario, and key manufacturers. Furthermore, the study offers value chain analysis, estimations from 2015 to 2020 for each segment of the industry, and SWOT analysis of key market players.

Source:https://blog.alliedmarketresearch.com/novel-way-to-improve-health-through-animal-feed-additives-212

Do consumers consider milk as a protein substitute for beef?

One of the major influences on the market this year stems from the overall increase in protein supply across all three species – beef, pork and poultry. As noted in a previous column, exports are the key to keeping supply moving: “The meat industry experienced a sharp decline during the past decade. However, that trend reversed sharply in 2015 and is likely to experience further upside in 2016. That largely stems from bigger production: USDA is currently forecasting annual beef, pork and poultry production up 1.25, 0.5, and 1.02 billion pounds respectively in 2016.

“With expanding production comes the requirement for growing access to international markets. Stated another way, export slowdowns could result in even bigger supply within the domestic market; that is, product stays home versus being shipped to other countries. And if exports begin to slow, the required domestic clearance could become much larger versus the current USDA forecasts, mandating lower prices.”

Meanwhile, another important source of protein comes from the dairy industry. To that end, this week’s illustration highlights the dairy industry’s productivity success over time. For example, in 2000, the industry produced 167.3 billion pounds of milk with an average inventory of 9.2 million cows.

Fast forward to 2016. The U.S. dairy industry will likely produce in excess of 210 billion pounds of milk this year with only 9.3 million head. In other words, in just a little over 15 years, the dairy industry has ramped up production by in excess of 25% with nearly the same number of cows. 

Bottom line, the increased production means more protein in the consumer market that we often don’t consider as being competition. And the market forces are just the same for dairy protein as described above for meat supplies. That is, consistent increases in production require bigger exports, or else that supply stays at home in the domestic market.

The dairy industry has proven successful in marketing those supplies domestically. With the current consumer mindset, dairy protein is seemingly increasingly competitive as a substitute for beef, pork and poultry – that’s especially true considering the marketing success in recent years around yogurt and whey protein supplements. 

Source: http://beefmagazine.com/beef-quality/do-consumers-consider-milk-protein-substitute-beef

Updated with Latest Trends In Meat Substitute Industry ?

"The Meat Substitute Market by source comprises soy, wheat, my coprotein and others. Soy based meat substitutes occupied a prominent market share of 68.2% in 2014. However, meat substitutes prepared from other organic and plant based sources would grow at the fastest CAGR of 10.1% from 2015 2020, owing to increasing demand of gluten free and soy free meat substitute products."

Know more in Meat Substitute Industry at: https://goo.gl/kDs9HE

Meat Substitute Market is Expected to Reach $5.2 Billion by 2020

According to a new report published by Allied Market Research titled, "Global Meat Substitute Market- Opportunities and Forecasts 2014-2020," the global meat substitute market is expected to garner revenue of $5.2 billion by 2020, registering a CAGR of 8.4% from 2015 to 2020. Europe accounted for around 39% share of the overall market revenue in 2014, owing to increasing consumption of food and snack products prepared from mock meats. In terms of growth, Asia-Pacific is anticipated to witness the fastest CAGR during the forecast period (2015 - 2020).

To know more about the report, visit the website at https://www.alliedmarketresearch.com/meat-substitute-market

The meat substitute market by type comprises products prepared from tofu, tempeh, textured vegetable protein, seitan, quorn and other plant based sources. Textured vegetable protein (TVP) based meat substitutes occupied the largest market share of 36.5% in 2014 as it is the basic ingredient in most of the soy based meat substitute products. In terms of growth, Seitan based meat substitutes would exhibit an impressive CAGR of 9.6%, owing to increasing adoption in the food service industry.

The market by source comprises soy, wheat, mycoprotein and others. Soy based meat substitutes occupied a prominent market share of 68.2% in 2014. However meat substitutes prepared from other organic and plant based sources would grow at the fastest CAGR of 10.1% from 2015 - 2020, owing to increasing demand of gluten free and soy free meat substitute products.

Most of the food and snack products, marketed as meat substitutes are either frozen, refrigerated or shelf-stable. Products offered by leading meat substitute companies such as Amy's Kitchen, Beyond Meat and others, primarily belong to frozen category. However, shelf stable category would exhibit the fastest growth in the coming years.

KEY FINDINGS OF THE STUDY 

• Europe was the largest meat substitute market in 2014, with a prominent market share of 39%
• Asia-Pacific meat substitute market would witness the fastest CAGR of 10.1% during the forecast period
• Frozen meat substitute category accounted for a prominent market share of 78% in 2014, however, the shelf stable category of meat substitutes would grow at a faster rate in the coming years
• Developed markets would witness a faster adoption of gluten free and soy free meat substitutes owing to increasing health concerns

The key players profiled in the report are Amy's Kitchen Inc. (U.S.), Beyond Meat (U.S.), Cauldron Foods (U.K.), Garden Protein International, Inc. (Canada), Meatless B.V. (The Netherlands), Quorn Foods (U.K.), Vbites Food, Ltd. (U.K.), Morningstar Farms (U.S.), MGP Ingredients Inc. (U.S.), Sonic Biochem Extractions Limited (India).  Companies such as Amy's Kitchen offer a wide range of innovative vegan meals and snacks. Beyond Meat, a leading player in meat substitute market offers highly innovative substitutes of pork, chicken, turkey and beef.

Source:https://www.alliedmarketresearch.com/press-release/global-meat-substitute-market.html

Molson Coors’ sales fall on lower beer demand in Canada, Europe

Molson Coors says it is looking to Colorado for insight on the possible effects the legalization of marijuana in Canada could have on its beer sales.

Stewart Glendinning, CEO of Molson Coors International, was asked by an analyst Tuesday during the company's quarterly earnings conference call for his opinion on the potential impact the legalization of marijuana could have on Canada's beer sector.

"Cannabis is something we are thinking very carefully about, not only as a business but also as an industry," Glendinning, who was the former head of Molson Coors' operations in Canada, said in response.

"There's just a lot we don't know at the moment. ... It's steady as she goes because of the lack of clarity about the deployment of the drug itself."

It's not clear whether Glendinning's comments are a signal that Molson Coors views a recreational marijuana industry as a threat or opportunity. He did not elaborate and the company did not return calls seeking clarification.

But during the call, Glendinning said Molson Coors (NYSE:TAP) is looking to Colorado, the state where the recreational use of marijuana was legalized in 2013 and where the company is headquartered, for guidance.

The federal government has said it plans to introduce a bill in the spring to legalize the recreational use of marijuana.

Stephen Beaumont, an industry watcher and Canadian author on beer trends, said the Colorado breweries he follows have not reported any impact on sales.

"It could be one of those things that hit more at mass-market breweries because if someone wants to get a buzz on instead of buying Coors Light, they'll buy some weed," he said.

"On the West Coast of the United States, craft beer and marijuana have happily co-existed for quite some time."

Brittany Weissman, an analyst with Edward Jones, said any possible effect from marijuana legalization in Canada on Molson Coors' beer sales will be mitigated. She said that's due to the fact that Canada represents a smaller share of the company's market following the US$12.2 billion acquisition of Miller brands and SABMiller's 58 per cent stake in MillerCoors.

Source: http://www.castanet.net/edition/news-story-179745-6-.htm


Geographically, Europe contributes a major portion in the global beer market revenue. Developing economies such as China and India would largely contribute to the growth of this market. 
The Asia Pacific market should garner a revenue of $202.4 billion by 2020, growing at a CAGR of 7.3% over the forecast period 2015-2020.

Read more about Beer Industry at: https://goo.gl/4oL3Iq