Chilled Soup Market Anticipated to Grow US$ 1,326.3 Mn by End of 2025

Considering how nutritional food products cease to lose their demand in the world, manufacturers of food products are making efforts to offer such products in easy-to-consume formats. Moreover, consumption of frozen, chilled or refrigerated food products is gaining traction, particularly in urban settings. Persistence Market Research’s latest study reveals that factors as such have played an instrumental role in driving the sales of chilled soup in several regions. According to the study, the global market for chilled soup will be valued at nearly US$ 790 Mn in 2017, and will expand steadily at 6.2% CAGR to reach US$ 1,326.2 Mn by the end of 2025.

In the report, titled “Chilled Soup Market: Global Industry Analysis and Forecast, 2017-2025,” increasing preference on young consumers for succulent breakfast products is cited as a key trend treading in the global chilled soup market. Retail chains offering chilled soup at their stores is also becoming an advantage for key players in the global chilled soup market. The report has profiled companies such as The Billington Group, The Hain Daniels Group Limited, Soupologie Limited, Sonoma Brands, Tio Gazpacho LLC, Campbell Soup Company, Woolworths Limited, PepsiCo, Inc. as leading participants in the global market for chilled soup.

The report also delivers prominent trends encompassing the growth of global chilled soup market, which include:

1. The Bowl-to-Bottle Transition – Manufacturers are focusing on chilled soup in bottles rather than in bowls as the hectic daily grind & on-the-go lifestyle of consumers demand convenient and portable meals
2. Controlling Sugar Content – Considering the rise in health conscious consumers and surging demand for products with low sugar content, manufacturers are now offering low sugar chilled soups to create presence among consumers that prefer low calorie healthy food products
3. Preference to High Fiber Soups – Chilled soups are rich in protein and fiber, making them a top choice for consumers particularly in countries such as the US and the UK

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The report also reveals the growth of global chilled soup market in terms of volume. In 2016, the global chilled soup consumption stood at sales of 426 Mn units. This figure is expected to touch 700 Mn units by the end of forecast period, exhibiting a balanced CAGR of 5.3% in terms of volume. The report further reveals that manufacturers of chilled soup products are adopting innovative packaging techniques to attract customers and enhance their customer base. In 2017, cups/tubs is estimated to remain a dominant packaging segment in the global chilled soup market, accounting for global sales of over 240 Mn units. Demand for PET bottle packaging is also expected to surge in the global chilled soup market, revenues from which are expected to attain 6.3% CAGR over the forecast period.

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In many countries such as Japan, China, and Brazil, the distribution networks for chilled soup products is observed to be weak. In order to reach out to consumers, manufacturers are using a selective modes of distribution channel such as online selling or use of selective retail outlets. The report cites that supermarkets or hypermarkets will continue to be the largest distribution channel in the global market for chilled soup products by account for more than 55% revenue share throughout the forecast period. The market is also expected to be dominated by North America and Europe as these regions will collectively account for more than 80% of global chilled soup sales. Europe’s chilled soup market, in particular, will showcase fastest value growth by reflecting a 6.8% CAGR between 2017 and 2025.

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Programmatic Advertising Platform Market Poised to Rake US$ 30,000 Mn by 2025

Persistence Market Research (PMR), in its report, projects the global programmatic advertising platform market to register a staggering expansion at 33.3% CAGR during the forecast period 2017 to 2025. In 2016, the market was evaluated at US$ 1,926.4 Mn, and is further estimated to reach nearly US$ 30,000 Mn by 2025-end.

With growing market for mobile phones, wide utilization of mobile advertising is witnessed, coupled with surging demand for more sophisticated technology. Emergence of tools to monitor & measure relevant data on mobile devices is influencing bright prospects for programmatic mobile video. There has been a wide adoption of digital technologies & devices for innovation in business processes and revenue producing opportunities. In addition, several government and international events have generated an incremental online advertising spending, which in turn has influenced adoption of programmatic advertisements. The aforementioned factors are expected to fuel growth of the market during the forecast period. In addition, social media marketers are running more effective campaigns through automated buying, reaching precise audiences with highly relevant messages. This is further estimated to propel market growth.

North America is projected to be the largest market for programmatic advertising platform, followed by Europe and Asia Pacific (APAC). Market in this region will account for revenues worth US$ 1,683.30 Mn in 2017, and is further estimated to surpass US$ 13,000 Mn by 2025-end. However, Middle East & Africa (MEA) is anticipated to register fastest growth in the global programmatic advertising platform market, followed by Latin America.

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Based on transaction mode, real-time bidding segment will remain preferred in the market during the forecast period. This transaction mode is expected to surpass US$ 16,000 Mn in revenues by 2025-end. In contrast, private marketplace transaction mode is projected to exhibit the fastest expansion at 46.7% CAGR through 2025. This segment is further estimated to create an incremental opportunity of US$ 5,787.71 Mn between 2017 and 2025.

By ad format, revenues generated by mobile video is expected to reach US$ 8.682.57 Mn by 2025, and is projected to register the highest CAGR in the market, followed by mobile display. In terms of revenues, desktop video will be the second largest ad format segment by 2025-end. On the basis of enterprise size, although large enterprises are expected to remain dominant over the market, SMBs are projected to register the fastest growth through 2025. PMR’s report estimates large enterprises to expand from US$ 2,190.55 Mn in 2017 to more than US$ 16,000 Mn by 2025-end. SMBS are estimated to exhibit a CAGR of over 40% during the forecast period.

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Key market players identified in PMR’s report include AppNexus Inc., AOL Inc. (Verizon Communications Inc.), Yahoo! Inc., DataXu Inc., Adroll.com, Google Inc. (Doubleclick), Adobe Systems Incorporated, Rubicon Project Inc., Rocket Fuel Inc., MediaMath Inc., IPONWEB Holding Limited (BidSwitch), Between Digital, Fluct, Adform, The Trade Desk, Turn Inc., Beeswax, Connexity, Inc., Centro, Inc., RadiumOne, Inc.

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Botanical Supplements Market to Rake US$ 68,724 Mn by 2025

Botanical supplements fall under dietary ingredients that are prepared using plants or plant parts. These supplements are valued for their medicinal or therapeutic properties as well as flavor and scent. Manufacturers are laying emphases on launching products with new and unique flavors. The focus is on introducing products that offer various health benefits in order to sway consumers who are highly health conscious. Persistence Market Research (PMR) in its report titled “Botanical Supplements Market: Global Industry Analysis and Forecast, 2017–2025” has offered a detailed analysis of the global botanical supplements market.

Consumers often look for dietary supplements that can offer holistic benefits when consumed rather than any specific benefits. Hence, many of the food brands are now offering products that contain botanical supplements owing to their holistic properties. This, in turn, is expected to drive the demand for botanical supplements to a certain extent. Moreover, manufacturers are also concentrating on developing customized products in an attempt to create exclusivity. Also, liberal regulations for manufacturing of botanical supplements encourage market players to experiment with their existing products, as they are not under any serious obligation to provide efficacy data. Liberal regulations pertaining to herbal/botanical supplements has led to the introduction of more products over the years.

As per PMR’s study, the global botanical supplement market is projected to reach a valuation of US$ 37,950 Mn by 2017-end. In terms of revenue, the market is set to witness a CAGR of 6.9% during the forecast period. Factors such as inclination of consumers towards naturally derived products and increasing health awareness will be majorly accountable for this growth.

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Additional Highlights of the Report Include:

  1. Currently, botanical ingredient-based cosmetics are trending in developed markets, and this trend is expected to continue throughout the forecast period. Meanwhile, their application in drug manufacturing is expected to remain the robust during the same period.

  2. On the basis of demography, consumption of botanical ingredient will be relatively high amongst adult women and the baby boomer population in 2017 and beyond.

Among regions, Europe is the largest market for botanical supplements, followed by North America. In 2016, the market in Europe stood at around US$ 11,385 Mn. Meanwhile, in Asia Pacific, countries such as China and India will continue to represent lucrative market opportunities. Manufacturers in this region are generating significant sales revenue from selling new botanical supplements. Towards the end of 2025, the market in Asia Pacific is estimated to reach a valuation of US$ 16,926.6 Mn, reflecting a CAGR of more than 6%.

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PMR in its report has profiled some of the leading companies operating in the global market for botanical supplements, which include Amway corporation, Nutraceutical International Corporation, Blackmores Limited, Naturex SA, The Nature’s Bounty Co., Herbalife International, The Himalaya Drug Company, Bio-Botanica, Inc., Dabur India Limited, Integria Healthcare Pty Ltd., Nature’s Way Products, LLC., The Bioforce Group, Ricola AG, Bionorica SE, Biovontade Sarl, Bio Tae Extratos Vegetais Ltda., The Patanjali Ayurved Limited, Jiaherb Inc., Nutra Green Biotechnology Co. Ltd, Medico Herbs, Phytomed Herbal Solutions.

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U.K. Private Healthcare Market Worth US$ 14,000 Mn by 2025 end

The decline in individual purchases of private medical insurance and low medical cover pay-outs to clinics and hospitals will continue to negatively impact the U.K. private healthcare market. Besides, the country has a well-defined public healthcare structure for its permanent residents. At the point of need, public healthcare coverage is subsidized or offered completely free and is usually paid through general taxation. Persistence Market Research in its latest study reveals that the U.K. private healthcare market is set to expand at a sluggish 2.8% CAGR during the forecast period (2017–2025). In addition, this market is anticipated to represents an absolute $ opportunity of US$ 321.4 Mn in 2018 over 2017. According to PMR findings, the U.K’s private healthcare sector is much smaller than the public sector. However, a rise in self-pay elective procedures and introduction of attractive packaged pricing is expected to support the country’s private healthcare sector in the near future.

PMR’s report titled “Private Healthcare Market: U.K. Industry Analysis, 2012 – 2016 and Forecast, 2017 – 2025” further identifies some of the key trends governing the U.K.’s private healthcare market under the influence of multiple factors. Leading private healthcare providers in the country are now offering several fixed packages for various procedures and treatments in an attempt to lure more patients. The focus has shifted toward a more meticulous marketing of medical services to patients. Some of the private companies are using local media and medical scheme membership brochures to reach out to more number of people. Market players are also investing in improving out-patient services, setting up day clinics and sub-acute beds in order to increase their services offerings.

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Hospital of St. John’s & St. Elizabeth, Care UK, CIRCLE HOLDINGS PLC, BMI Healthcare, Nuffield Health, HCA Management Services, L.P., Ramsay Health Care, Spire Healthcare Group plc., The London Clinic, Aspen Healthcare (A Sub. Of Tenet Healthcare), Bupa Cromwell Hospital, The Huntercombe Group, KIMS Hospital, 3fivetwo Group, London Welbeck Hospital, The Bournemouth Private Clinic Limited, Alliance Medical, King Edward VII’s Hospital, The Private Clinic, and Vein Centre Limited are the key players operating in the region’s private healthcare market. Currently, Ramsay holds the top position in the market, maintaining around 21.1% share despite the growing competition.

As per the report, increasing waiting times for various treatment and procedures at public healthcare centers is prompting patients to opt for private healthcare services. This, in turn, is expected to create lucrative market opportunities for private healthcare organizations during the forecast period.

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Additional Excerpts of the Report Include:

  1. The demand for private acute care services, private specialist services, and private patient care services is projected to remain higher as compared to other private healthcare services over 2025. By 2017-end, private hospitals that provide acute care services are expected to account for more than 57% value share of the market.

  2. Based on end-users, self-pay individuals and NHS referrals are expected to collectively account for a massive market share in terms of revenue. Over the next couple of years, increasing out-of-pocket spending on healthcare expenses is projected to create further demand for private healthcare services in the country.

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Infection Surveillance Solutions Market on Poised to Rake US$ 900 Mn by 2025

Infection surveillance solution helps healthcare facilities in reporting patient-associated data to the state and federal authorities. Integration of infection surveillance software with already existing networks of medical facilities and hospitals is an easy process. A recent report published by Persistence Market Research (PMR) estimates the global infection surveillance solution market to register a staggering 14.04% CAGR during the forecast- 2017 to 2025. The US$ 316.67 Mn market is likely to surpass US$ 900 Mn in revenues by 2025-end.

Contamination of devices & equipment, patient clothing, and bed linens have led to various hospital-associated infections including pneumonia, urinary tract infection, and surgical site infection. To identify the possible healthcare associated infections, hospitals and healthcare professionals are being impelled to adopt infection surveillance systems. Healthcare institutes are incorporating infection surveillance systems to seek accurate, real-time information related to medical records, surgical database, employees’ health and patient health. The aforementioned factors are driving the growth of the global infection surveillance solution market.

Governments of various economies are encouraging health communication programs within health institutes. These governments are coming up with initiatives for building a reliable data source. This further would help in exchanging information within healthcare systems. In addition, the capacity of IT systems is witnessing a surge in performing analytic processing. These factors are expected to aid in the development of analytical and infection surveillance solutions. However, improper data management, soaring volume of data for analysis coupled with altering regulatory requirements, and rising trend of healthcare staff migration on international level are key restrains expected to inhibit the market growth over the forecast period.

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Among end users, hospitals will be the most lucrative in the global infection surveillance solution market. Revenues amassed from hospitals would reach around US$ 500 Mn by 2025-end. Clinics, the second largest end-user, are expected to exhibit 14.19% CAGR through 2025. Although software component is projected to be most lucrative over the global infection surveillance solution market, the services component is projected to register a comparatively faster growth during the forecast period. Infection and surveillance software enables clinics and hospitals to minimize and control healthcare-associated infections in real-time.

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PMR’s report projects North America to remain dominant in the market during the forecast period, followed by Europe and Asia Pacific (APAC). The United States (U.S.) is expected to be the most lucrative country in North America infection surveillance solution market. Federal regulation in North America have driven the adoption of infection surveillance solutions by hospitals and other healthcare settings. Europe and APAC are anticipated to exhibit 13.86% and 13.10% CAGRs respectively through 2025. Government initiatives and programs in Europe, for example- European Influenza Surveillance Scheme by European Center for Disease and Prevention Control, are fuelling the growth of the market in this region.

Key players identified in PMR’s report include Becton Dickson & Company, Baxter International, Premier, Inc., Truven Health Analytics Inc. (IBM Watson), Gojo Industries, Inc., RL Solutions, Wolters Kluwer N.V., Vigilanz Corporation, Atlas Medical Software (Rpoer Technologies), Quantros, Inc., BD Diagnostics, ICNet Systems, Inc. (Baxter International), Vecna Technologies, Inc., bioMerieux, Inc., Hygreen Inc., Emerald Health Information Systems Ltd, DEB Group Ltd., Iatric Systems, Inc., PeraHealth Inc., and Cerner Corporation.

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Starch Derivatives Market foreseen to grow exponentially by 2021

Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other functions of starch derivatives are flocculation, adhesiveness, film-forming, pH stability improvement, and shear stability, acid stability, and process tolerance enhancement.

It is possible to modify starches to increase their stability against excessive heat, cooling, acid, time, shear or freezing; to change their texture; and to increase or decrease their viscosity, depending on the application. The different stakeholders in the industry are product manufacturers, raw material suppliers, and processors.

Based on type, the market is classified into various segments such as Maltodextrin, Cyclodextrin, Glucose Syrup, Hydrolysates, and Modified Starch. Among these, glucose syrup holds a major market share, whereas Maltodextrin has the highest demand in the market. Glucose syrup finds its applications in various industries such as paper, feeds, pharmaceuticals, and cosmetics. Glucose syrup is often employed as a flavor enhancer, texture agent, volume-adding agent, and inhibitor of sugar from crystallizing in drinks. On the basis of application, the starch derivatives market is classified as Food & Beverages, Feed, Paper, Cosmetics, Pharmaceuticals, Bio-Ethanol, and other industrial applications. Among these, starch derivatives find their key application in food and beverages.

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Increasing demand for convenience food and beverages in developing countries, rise in population, and increasing per-capita income are some of the key factors propelling the growth of starch derivatives market. Companies are investing large amounts of their capital on research and development. These developments are bettering the prospects of starch derivative products in the global market. In addition, starch plays an important role in the bio-fuel, glue production, textile weaving and finishing, and the fermentation industries. However, implementation of bio-fuel policies and increasing raw material prices are some of the factors hindering the growth of the starch derivatives market.

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Asia Pacific is the leading starch derivatives market and is likely to achieve the highest growth rate in the near future. This is due to the emerging economies of the two most populated countries in the world, namely, China and India. The starch derivatives market in North America and Europe is saturated. The demand for starch derivatives is increasing in Brazil and Argentina as these two countries have the fastest growth rate in the world.

Key players operating in the starch derivatives market include AGRANA Investment Corp., Archer Daniels Midland Company, Cargill Incorporated, and AVEBE.

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Other prominent vendors present in the starch derivatives market are Tate & Lyle, RAQUETTE, Emsland-Starke Gmbh, Ingredion Incorporated, Grain Processing Corporation, BENEO, INGREDION INCORPORATED, LASENOR EMUL, S.L., Lipoid GmbH, Stern-Wywiol Gruppe GmbH & Co. KG, and Penford Corporation.

Yeast Ingredients Market Set to Witness an Uptick by 2021

Based on function, the global yeast ingredient market can be bifurcated into yeast extract (processed form of yeast created by removing cell walls from the body), yeast autolysates (processed form of yeast, but the cell walls are not removed), yeast beta glucan (yeast used to activate white blood cells such as macrophages, granulocytes, and monocytes), yeast derivatives, and others. Yeast ingredients find major application in the food processing industry for processing canned food, snacks, and sauces. Other major applications of yeast ingredients are in beverages, bakery, meat processing, dairy and pharmaceutical industries. Yeast beta glucan is used as food additive, thickening agent, fat substitute, and dietary fiber.

Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a cell nucleus separates themselves to form two identical sets of chromosomes). Yeasts are natural ingredients and they are used as one of the primary food ingredients in the food processing industry. Yeasts are used to provide taste and flavor to processed food. Due to high nutrient content, yeasts are used as taste boosters for various processed food such as canned food, baked food, snacks, sauces, and dairy products.

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Europe holds the largest market share for yeast ingredients, followed by North America and Asia Pacific. Europe is expected to dominate the global yeast ingredients market in the forecast period. North America is expected to witness average growth during the forecast period. Asia Pacific is expected to witness the highest growth rate in the near future. China is the largest producer and consumer of yeast ingredient products due to the increased domestic consumption of conventional food. China is providing the food processing companies to establish business setups in the Chinese market.

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Rising demand for conventional and processed food is driving the global yeast ingredients market. Yeast ingredients have gained popularity in the pharmaceutical industry due to their wide application as thickening agent, fat substitute, and dietary fiber. Hence, increasing investment in the pharmaceutical industry is expected to boost global demand for yeast ingredient products. With increasing disposable income, consumers prefer quality processed food items, thus increasing demand for yeast ingredients, especially in the emerging markets of India and China. According to the National Bureau of Statistics of China, annual per capita disposable income of urban households in China increased from USD 2,271.0 in 2008 to USD 3408.5 in 2012. The overall annual disposable income in India increased from USD 1,366.2 billion in 2010 to USD 1,587.6 billion in 2013. Also, increasing demand for yeasts in the food industry is expected to increase demand for yeast ingredients in the global market.

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Increased domestic consumption of processed food in Asia is propelling yeast ingredients manufacturing companies to invest extensively in Asia. Some of the major companies operating in the global yeast ingredients market are Royal DSM N.V., Kerry Group Plc, Synergy, Ltd., Lallemand, Inc., Angel Yeast Co., Ltd., Lesaffre Group, Alltech, Inc., Wyeast Laboratories, Inc., Danisco A/S, Dohler Group, and Associated British Food Plc.

Confectionery Market Set to Witness an Uptick by 2021

The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery includes sweets, candies, chocolates, and chewing gum. Bakers’ confectionery includes pastries, cakes, doughnuts, and cookies.

The global confectionery market can be segmented into five categories: chocolate confectionery, sugar confectionery, gum, cereal bars, and others. Major raw materials used in chocolates are cocoa and sugar, and raw materials used in gum include latex. Confectionery products are consumed by people of all age groups.

In terms of geography, Europe dominates the global confectionery market, followed by North America and Asia Pacific . The U.S. represents the largest confectionery market globally , followed by China and the U.K. India is the key market in Asia Pacific and the fastest-growing confectionery market in the world.Rising disposable income, growing retail market, increasing trend of gifting confectionery items, increasing population , increasing urbanization, hectic lifestyle, and more women in the workforce are some of the major driving factors of the confectionery market. Increasing population along with increasing disposable income in developing countries such as India and China is expected to increase the growth rate of the confectionery market. Increasing disposable income allow the customer to spend more.

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According to the National Bureau of Statistics China, annual per capita disposable income of urban households in China increased from USD 2,271.0 in 2008 to USD 3408.5 in 2012. The overall annual disposable income in India median household income increased from USD 1,366.2 billion in 2010 to USD 1,587.6 billion in 2013. Consumers with hectic schedule tend be more inclined toward confections, as these items are tasty and consume less time. Additionally, increasing number of working women is driving the global confectionery market as it is resulting in higher disposable income for the family .

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According to the U.S. Department of Labor in 2013, there were 127.1 million working women in the U.S. which is expected to grow at 5.4% by 2022. The urban population is more inclined toward consumption of confectionery compared to its rural counterparts. According to the United Nations Department of Economic and Social Affairs (UN DESA), in 2013 the largest urban population growth took place in the Asian countries such as India and China. By 2050, India is expected to have 404 million urban dwellers while China is likely to stand at 292 million. Some of the major restraints for the global confectionery market are rising health issues, increasing government regulations , and increasing raw material cost.

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Some of the major companies operating in the global confectionery market are The Hershey Company, the Ferrero Group, Mars, Incorporated., MondelÄ“z International, Nestlé S.A., Parle Products Pvt. Ltd., Kraft Foods, Cadbury, HARIBO Dunhills (Pontefract) PLC, United Confectionery Manufacturers, Perfetti Van Melle, Kegg’s Candies, Petra Foods, Yildiz Holding, Crown Confectionery, and Brookside Foods.

Cereal Bars Market foreseen to grow exponentially by 2021

A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey, and strawberry.

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Generally, people consume cereal bars as snacks between meals and this trend is gaining popularity among all age groups. This trend would continue to boost the cereal bars market during the forecast period. Cereal bars are convenient and inexpensive sources of nutrition, which help build a billion dollar global industry. The global cereal bars market is segmented into three categories: energy nutrition bars, snack bars, and other cereal bars.

Changing lifestyle, rising number of health-conscious individuals, along with increasing disposable income are further fueling the growth of the global cereal bars market. Nowadays, people are more concerned about the nutritional value of the food they eat and cereal bars make for the perfect snack items for people who want healthy, ready-to-eat food. Cereal bars are generally sold through grocery wholesalers, retail stores, and food service providers. Growth in the total number of stores helps in the growth of the global cereal bars market.

Global brands such as Kellogg’s, Nestlé, and Quaker Oats offer very innovative cereal bars in the market with the emphasis being on latest innovations in their products and quality. Kellogg’s alone holds one-third of the market share of the global cereal bars market. Due to the growing emphasis on the benefits of a healthy diet, many cereal bar manufacturers are producing specialty products. Growing investments in research and development for new products is furthering the cause of this market.

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Asia Pacific is one of the most prominent markets for cereal bars. Growing economies and increasing household income are some of the key factors triggering the growth of the cereal bars market in Asia Pacific. This region is expected to be the fastest growing market for cereal bars during the forecast period. China and India are the two major countries in Asia pacific which hold the highest shares in the cereal bars market. The increasing middle-class population prefers consuming cereal bars often and this is expected to have a positive impact on the demand for cereal bars in these countries. The growing population of health-conscious individuals is also propelling this market in Asia Pacific. In North America, the U.S. holds the largest market share of this market. The global cereal bars market is expected to witness a single digit growth rate during the forecast period.

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Major companies operating in the global cereal bars market are General Mills, Inc., Kellogg Company, Nestlé SA, Quaker Oats Co., Atkins Nutritionals, Clif Bar, General Mills, Kashi, Mars, MCKee Foods, Naturell (India) Pvt., Ltd., and Pharmavite.

Food Processing Equipment Market foreseen to grow exponentially by 2021

Food processing equipment helps to transform the raw food ingredients in to food items through various physical and chemical means. Food processing equipment are available in various categories which includes dryers, chillers, fryers, feeders, mixers, grinders, roasters, homogenizers, separators, slicers and ovens. These foods processing equipments are used in various industries including dairy industry, industrial bakery, poultry farm, seafood industry, chocolate manufacturing unit, confectionery, beverage industry, milk, fruit, nut, and vegetable industry. Stainless steel is one of the main elements, which is widely used in the food processing equipment. 304SS and 316SS are two most common types of alloys of stainless steel, which are used in food processing equipment.

Most of the food processing equipment has similar automation and motion control needs, which includes material conveying and positioning, heating, blanching, cooking, pasteurization, sterilization, evaporation, freezing, thawing and drying. Such equipment also requires gentle handling, cleanliness and precise control of temperatures, pressures, treatment times and other process parameters. Food processing equipment is often integrated with high-speed packaging and labeling equipment in various industry such as meat and dairy industry.

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The availability of raw materials, changing lifestyles, needs to offer broader selection of food products at lower costs and innovation in technology are some of the key factor which helps to drive the growth of food processing equipment market worldwide. Among various food processing equipment, bakery and pasta equipment market is growing at faster rate. Growing income level of individual leads more investment over food processing equipment. Larger population base in Asia Pacific countries and frequent change in food preference among individuals lead to increasing demand for food products. This changing trend leads to investment more on food processing equipment. Due to advancements in technology related to cutting, slicing and grinding in food processing equipment, many manufacturers in food industry are replacing their older machines with newer ones, which are more efficient and boost their bottom line through higher throughput.

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Asia Pacific is one of the fastest growing markets for food processing equipment. The market is driven by increasing demand of processed food products in emerging and developing countries including India, China, Indonesia and Thailand. In Asia Pacific region, China accounts for the largest market in food processing equipment. According to Italian Trade Commission, the total market size of the Indian food processing industry is expected to be reaching around USD 330.0 billion by 2014–15. In North America region, the U.S. accounts for the largest market in food processing equipment. Growing awareness level regarding new food products, rising economy, investment on research and development over food processing equipment are some of key reason, which drive the food processing market in European region. Global food processing equipment market is expected to grow in single digit growth during forecasted period 2014- 2020.

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Some of the major companies operating in global food processing equipment market are Anko Food Machine Company Limited, Atlas Pacific Engineering Company Incorporated, Berkshire Hathaway Incorporated, Bettcher Industries Incorporated, Bibun Engineering, BMA Group, Bongard, Briggs of Burton plc, Bucher Industries AG, GEA Group AG, Hosokawa Micron Corporation, JBT FoodTech, Marel hf, Mecatherm SA, Meyer Industries Incorporated, Nichimo Company Limited, Nordischer Maschinenbau Rud Baader, Odenberg Engineering, Satake Corporation, Sinmag Bakery Machine Corporation, Wenger Manufacturing Incorporated and Ziemann International GmbH.