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Excipient Evolution: Unveiling the Nutraceutical Industry's Key Enablers

The global aquaponics market is anticipated to rise significantly, rising from US$ 1,560 million in 2023 to US$ 3,415.5 million by 2033, per FMI study. Aquaponics, a sustainable farming technique that combines aquaculture and hydroponics, has a number of advantages over traditional crop cultivation, including significant water savings and a decreased need for pesticides and synthetic fertilisers due to effective resource management.

As per FMI’s analysis, the global aquaponics market is predicted to surge from US$ 1,560 million in 2023 to US$ 3,415.5 Million by 2033. The aquaponics industry is set to observe significant growth in the assessment period. Aquaponics proponents frequently quote plenty of advantages that result from this form of farming.

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It has a lot going for it, including environmental awareness. Only 10% of the water required for conventional crop cultivation is used in aquaponics systems. The usage of pesticides, herbicides, and synthetic fertilisers can be drastically decreased or perhaps totally eliminated with effective resource management.

Due to the growing global warming, consumers are undoubtedly being more careful when making daily decisions. As a result, people all across the world are getting pickier and more interested in sustainable practises.

The aquaponics systems can be readily scaled to suit market demands if there is enough room. Producers and farmers are in a stronger position as a result. Business prospects are expected to rise as a result of all of the aforementioned advantages in the years to come.

Top Highlights from the FMI’s Analysis of the Aquaponics Market:

The United States market is projected to attain a lion’s share over the forecast period. The country has been estimated for a 26.8% market share in 2022.
In Europe, Germany grabbed a 5.5% market share. Alongside this, the United Kingdom is projected to register a CAGR of 5.1%.
The intensely growing market for aquaponics is assessed to be India in the forecast period. The country is anticipated to assume a pace of 16% CAGR.
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Competitive Landscape of Aquaponics Market: A Closer Look at Market Whereabouts:

Key players in the market are working on promotional activities to capture users at a wider scale and increase their revenue. Manufacturers are also providing and practising quality certifications to raise their market presence. This also creates awareness among people and unfolds substantial opportunities for key companies.

Key Companies Profiled:

Nelson & Pade Aquaponics, Practical Aquaponics, Aquaponics USA, The Aquaponic Source, Pentair Aquatic Eco-System, Inc.

Key Segments

By Type:

Media Filled Grow Beds (MFG)
Nutrient Film Technique (NFT)
Deep Water Culture (DWC)
Others
By Component:

Bio Filter
Settling Basins
Fish tanks
Soil-free plant bed
Rearing Tanks
Aquaponics Produce
Others
By Equipment:

Pumps and Valves
Water Heaters
Fish Purge Systems
Aeration Systems
Water Quality Testing
Others

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The Silent Heroes: Unveiling the Impact of Nutraceutical Excipients

The value of the demand for nutraceutical excipients is anticipated to reach US$ 2,427.8 million in 2023 and grow at a compound annual growth rate (CAGR) of 10.4% from 2023 to 2033. By 2033, sales of nutraceutical excipients are probably going to reach a valuation of US$ 6,539.0 million.

demand for nutraceutical excipients for nutraceutical excipients is anticipated to reach US$ 2,427.8 million in 2023 and grow at a compound annual growth rate (CAGR) of 10.4% from 2023 to 2033. By 2033, sales of nutraceutical excipients are probably going to reach a valuation of US$ 6,539.0 million.

The need for nutraceutical excipients has surged in tandem with the notable expansion of the nutraceutical business in recent times. Excipients used in nutraceutical formulations are chemicals that enhance their overall performance, stability, and bioavailability.

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Nutraceutical excipients encompass a wide range of substances, such as lubricants, coatings, disintegrants, binders, fillers, and flavouring agents. These excipients are required for the formulation, compression, and encapsulation of tablets, among other steps in the production process.

According to latest analysis by Future Market Insights (FMI), the global nutraceutical excipients industry is valued at US$ 2,427.8 million in 2023 and it is anticipated to reach US$ 6,539.0 million by 2033. Total nutraceutical excipient sales are poised to surge at a CAGR of 10.4% from 2023 to 2033.

Rising demand for nutraceutical products across the world along with growing adoption of healthy lifestyles is a key factor expected to drive the global nutraceutical excipients industry during the forecast period from 2023 and 2033.

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Key Takeaways from the Report:

Global sales of nutraceutical excipients are forecast to increase at 10.7% CAGR between 2023 and 2033.
By product type, binder and fillers & dilutes segments collectively hold a prominent share of the global nutraceutical excipients industry.
Based on end use, prebiotic and probiotics segment is expected to register significant growth during the next ten years.
Who is Winning?

Leading players operating in the nutraceutical excipients market include

Ingredion Incorporated
Cargill Incorporated
Dow Du Pont Inc.
Kerry Group PLC
Roquette Frères SA
Ashland Global Holdings Inc.
BASF SE
Get Valuable Insights into Nutraceutical Excipients Market

Future Market Insights, in its new offering, provides an unbiased analysis of the nutraceutical excipients industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study divulges compelling and detailed insights on the nutraceutical excipients industry based on product type (fillers & diluents, binders, disintegrants, coating agent, flavoring agents, lubricants), end use (protein & amino acids, prebiotics & probiotics, vitamins, and others), and form (dry, liquid) across several regions.

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Global Nutraceutical Excipients Industry by Category

By Product Type:

Fillers & Diluents
Binders
Disintegrants
Coating agent
Flavoring Agents
Lubricants
By End Use:

Protein and Amino Acids
Prebiotics and Probiotics
Vitamins
Others
By Form:

Dry
Liquid

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Peeling Back Success: Inside the Booming Banana Flakes Market

The global banana flakes market is projected to hit $810.2 million by 2032, with a 4.6% yearly growth. Increasing health awareness and demand for organic goods, especially nutrient-rich and gluten-free products, are driving this surge in the industry.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Banana Flakes industry are estimated to reach a value of USD 810.2 million by 2032, surging at 4.6% CAGR through the decade. The growing demand for organic goods in both developed and developing countries has a big influence on the global banana flakes market. As people become even more increasingly health–conscious across the world, there is a growing desire for healthier foods.

As interest in organic agricultural practises grows, so does the popularity of consuming organic food worldwide. The market for nutrient-dense, gluten-free, and organic products is expected to grow over the next ten years, which will increase demand for banana flakes.

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The growth of fast service local restaurants outlets in emerging countries including the Middle East and Africa, as well as Asia and the Pacific, has resulted in a favorable shift in demand for banana flakes industry as a healthy fast food alternative.

This trend is expected to continue and extend throughout developed regions in the coming years. Despite the fact that conventional is the more popular source in terms of units eaten, the organic category is projected to grow at the rapid pace in terms of revenue throughout the forecast period.

Key Takeaways from Market Study

Banana flake consumption in India is predicted to expand at an annual pace of over 8%.
With a growth expected to surpass 6%, Germany is one of the most important countries in the European Snack Pellets market.
During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
As banana flakes industry are gluten-free, their popularity is predicted to grow as a result of their health benefits.
Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.
“The growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Banana flakes industry have a strongly competitive global market. To stay ahead of the game and outperform their competitors, businesses are using innovative methods such as expanding their worldwide client base and utilising various advertising approaches.

They’re focusing on increasing production capacity and also doing research and innovation to create products that highlight the nutritional advantages of banana flakes.

Some of the leading companies offering Snack Pellets are Orkla Group, Raeler Fruchtchips GmbH, Om Foods Inc, Van Duren Farms, Johs. Thoms GmbH & Co. KG, Tradal Brazil, Z Natural Foods, Symrise, Seawind International LLC, VINJ-Food,Dermasal., Nutritional Designs, Inc., Futurcorp S.A., Cosmo Foods, Agro America, and Grupo Industrial Michel.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the banana flakes industry presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Source:

Organic
Conventional
Application:

Household
Food & Beverage Industry
Other Application
Sales Channel:

Direct Sales
Indirect Sales
Region:

North America
Latin America
Europe
Japan
Asia Pacific Except Japan-APEJ
Middle East and Africa-MEA