Global Emulsifiers Market

The food encapsulation market consists of sales of food encapsulation products by entities (organizations, sole traders, and partnerships) that are used for incorporating food ingredients, cells, enzymes, and certain other materials into small capsules. The food encapsulation technique is widely used in the food industry, as the encapsulated materials are protected from heat, moisture, or other extreme condition. Food encapsulation is used to mask taste, color, flavor, and odor, and enhance the viability and stability of the food product. The main food encapsulation technologies include micro encapsulation, nano encapsulation, hybrid technology, and macro encapsulation. Microencapsulation is the process of reducing the volatility, adverse aroma, and reactivity of food products. When exposed to heat, light, moisture, or other adverse conditions, it offers greater stability to food products. The different shell materials in food encapsulation are polysaccharides, proteins, lipids, emulsifiers, and other shell materials. The different food encapsulation core phases are minerals, organic acids, vitamins, enzymes, probiotics, additives, essential oils, prebiotics, and other substances, which are used for applications in dietary supplements, functional food products, bakery products, confectionery, beverages, dairy products, and other applications. The global food encapsulation market size is expected to grow from $34.25 billion in 2021 to $36.33 billion in 2022 at a compound annual growth rate (CAGR) of 6.07%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global food encapsulation market size is expected to reach $46.10 billion in 2026 at a CAGR of 6.12%. The rising demand for fortified and functional foods is expected to propel the growth of the food encapsulation market. Fortified food has added nutrients, which do not occur in the food naturally. Functional food reduces the risk of disease and promotes optimal health beyond basic nutrition. Fortified and functional foods are widely used in the food encapsulation market, as they offer added nutrients or healthy ingredients. For instance, in 2020, Switzerland-based food and beverages processing company, Nestle, delivered 196.6 billion fortified servings of food and beverages through their popular brands including Bear Brand, Cerevita, and Maggi. Technological advancement is a key trend gaining popularity in the food encapsulation market. Technological advancement is a discovery of knowledge that advances technology. For instance, in February 2022, Givaudan, a Switzerland-based manufacturer of food and flavors launched PrimeLock+, a breakthrough fat encapsulation technology that reduces 30% of the calories and 75% of the fat content in meat substitutes. The innovation in fat encapsulation also offers increased authenticity and flavor stabilization which allows allow companies to create tastier, lower fat, plant-based products such as burgers, sausages and meatballs while improving the eating experience. In February 2021, International Flavors & Fragrances Inc (IFF), a US-based producer of value-added ingredients merged with the Nutrition and Biosciences Business of DuPont, for a deal amount of $7.3 billion. Through this merger, IFF aims at creating ingredients and solutions across a wide range of end-markets including food and beverage, health and wellness, and home and personal care. DuPont Nutrition Biosciences is a Denmark-based developer and producer of food and beverage ingredients, enzymes, and bio-based solutions, that also provides food encapsulation solutions. Major players in the food encapsulation market are Cargill, Incorporated, DuPont, Royal DSM, FrieslandCampina, Kerry, International Flavors & Fragrances Inc, Symrise, Balchem Inc, Firmenich SA, Advanced Bionutrition Corp, Aveka, Lycored, Encpasys LLC, Blue California, FierslandCampina Kievit, Coating Place Inc, Vitablend, Clextral, Tastetech and Givaudan North America was the largest region in the food encapsulation market in 2021. Asia Pacific is expected to be the fastest-growing region in the global food encapsulation market during the forecast period. The regions covered in the global food encapsulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food encapsulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global food encapsulation market is segmented - 1) By Technology: Micro Encapsulation, Nano Encapsulation, Hybrid Technology, Macro Encapsulation 2) By Shell Material: Polysaccharides, Proteins, Lipids, Emulsifiers, Others 3) By Core Phase: Minerals, Organic Acids, Vitamins, Enzymes, Probiotics, Additives, Essential Oils, Prebiotics, Other Substances 4) By Application: Dietary Supplements, Functional Food Products, Bakery Products, Confectionery, Beverages, Dairy Products, Others

The hand cream and hand lotion market consist of sales of hand creams and hand lotions and related services. Hand cream and hand lotion are a topical formulation with low to medium viscosity, intended for unbreakable skin application. Many lotions, especially hand lotions and body lotions, are developed simply to smooth, rehydrate and soften the skin. The main types of hand cream and hand lotion are moisturizing hand lotion, protective hand lotion, repair hand crème and others. Hand lotion with moisturising properties is a liquid that users apply to the hands to make them feel smoother and softer. The different applications include adult, baby and distributed through various channels such as supermarket or hypermarket, speciality store, beauty salon, pharma and drug store, online store. The global hand cream and hand lotion market size is expected to grow from $5.73 billion in 2021 to $6.43 billion in 2022 at a compound annual growth rate (CAGR) of 12.31.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The hand cream and lotion market is expected to reach $9.33 billion in 2026 at a CAGR of 9.8%. The increasing habit of frequent hand washing to avoid infections is a key factor driving the growth of the hand lotion and hand cream market. Washing hands regularly and thoroughly is one of the best ways to reduce COVID-19 transmission, as hands are responsible for bringing most bacteria into our respiratory system. Although hand washing and the use of harsh sanitizers are both essential to reduce the spread of the virus, they can have an adverse effect on the skin, causing the hands to feel dry, cracked and sore. Therefore, doctors recommend using hand creams that help maintain the hands nourished, soothe any dry areas and minimize irritation of the skin. Therefore, the drying of hands owing to frequent hand-wash is expected to drive the growth of the hand cream and hand lotion market. The presence of counterfeit products is a key factor hampering the growth of the hand cream and hand lotion market. Since many users are unaware that the product, they are using is a counterfeit, the user will blame the authentic company if the take-off item stops working properly, or it quickly falls apart, or it doesn't meet their expectations. Retailers, distributors and other organizations that work with companies frequently lose trust in reputable companies because of counterfeiters' actions. More than $31.76 billion was lost annually by counterfeit goods throughout the fashion industry alone each year, and this issue extends to a multitude of industries. Therefore, the presence of counterfeit products is expected to hinder the growth of the hand cream and hand lotion market. The hand creams that contain healthy ingredients such as herbs and essential oils that cure and rebuild skin is a key trend in the hand cream and hand lotion market. For instance, the aloe-based hand repair creams made with 60% aloe gel provides deep moisture to the skin for comfortable and soft hands. This cream repairs dry and broken skin and can also be applied to key dry areas of the skin such as knees and elbows. The subtle scent that these natural ingredients leave behind also attracts the use of this cream more frequently. In June 2019, Unilever, a London-based consumer good company acquired Tatcha LLC for $500 million. Through this acquisition, Unilever is widening its portfolio. Tatcha joins brands such as Murad, Dermalogica, REN Clean Skincare, Kate Somerville, Living Proof and Hourglass as part of Unilever's portfolio. Tatcha LLC is a Japanese anti-aging skincare company. Major players in the hand cream and hand lotion market are Unilever, Johnson & Johnson, Procter & Gamble, Coty, Beiersdorf, LYNX, Whealthfields Lohmann, Jahwa, and Suave?. The regions covered in the hand cream and hand lotion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hand cream and hand lotion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global hand cream and hand lotion market is segmented - 1) By Type: Moisturising Hand Lotion, Protective Hand Lotion, Repair Hand Crème, Others 2) By Application: Adult, Baby 3) By Distribution Channel: Supermarket/Hypermarket, Speciality Store, Beauty Salon, Pharma and Drug Store, Online Store

The toiletries market consists of sales of toiletries by entities (organizations, sole traders, or partnerships) that prepare, blend, compound, and package toilet preparations. The main types of toiletries are lotions (including sunscreens), hair preparations, face creams, perfumes, shaving preparations, and other types. Lotions are a liquid preparation for cosmetic or external medicinal use. The preferences are mass, and premium. The gender is male and female. The distribution channels are hypermarkets/supermarkets, e-commerce, pharmacy stores, and other distribution channels. The global toiletries market size is expected to grow from $275.69 billion in 2021 to $305.91 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global toiletries market size is expected to grow to $457.59 billion in 2026 at a CAGR of 10.6%. The aging population is expected to be a growth driver for the toiletries market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletries market going forward. Strict regulations by government agencies on the use of certain ingredients in manufacturing cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and possible skin diseases due to their use. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. Companies are focusing on the manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are products focused on consumer hygiene and beatification. Companies are producing products with a high rate of transparency in ingredients, packaging, and sustainability as the end-users are opting healthy lifestyle. Natural and Organic Products are obtained from plant extracts, vegetables, and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron, and chromium and are eco-friendly. For instance, in March 2021, Maybelline and Lancôme maker L’Oréal aims to derive nearly all its ingredients from renewable plant sources and abundant minerals by 2030, as demand for organic and environmentally-friendly cosmetics grows. Major companies in the toiletries market include L'Oreal SA, Unilever plc, The Estée Lauder Companies Inc, Procter & Gamble, Shiseido Company Limited, Beiersdorf AG, Kao Corporation, Johnson & Johnson, Colgate-Palmolive co, and Coty Inc. Asia Pacific was the largest region in the toiletries market in 2021. Western Europe was the second-largest region of the global toiletries market. The regions covered in the global toiletries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the toiletries market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The global toiletries market is segmented - 1) By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations 2) By Preference: Mass, Premium 3) By Sex: Male, Female 4) By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Others

The food emulsifiers market consists of sales of food emulsifier products and related services by entities (organizations, sole traders, and partnerships) which is used as surface-active agents that act as a boundary between two insoluble fluids, such as water and oil, enabling them to be blended into stable emulsions. Food emulsifiers are added in bread, salad, dressings, sauces, ice creams, puddings, and various other food items to reduce stickiness, control crystallization, and prevent separation. The main types of food emulsifiers are lecithin, monoglyceride, diglyceride, and derivatives, sorbitan ester, polyglycerol ester, and others. Lecithin is used in food applications as a lubricant, aerating agent, and viscosity transformer. The lecithin emulsifier's molecular structure makes it a good emulsifier for the interaction of water and oil. The food emulsifiers are either natural or synthetic and are available in different forms such as fine powder, hydrate. Food emulsifiers are used in various applications such as dairy and frozen products, bakery, meat, poultry and seafood, beverage, confectionery, and others. The global food emulsifiers market size is expected to grow from $2.99 billion in 2021 to $3.30 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The global food emulsifier market size is expected to grow to $4.34 billion in 2026 at a CAGR of 7.1%. The increasing demand for packaged and convenience food across the globe is significantly contributing to the growth of the food emulsification market. Food emulsifiers are increasingly being used in packaged and convenience food products to prevent microbial spoilage. Demand for packaged and ready-to-eat food is growing due to busy lifestyles, changing eating habits of the population worldwide, and the spread of coronavirus pandemic. For instance, according to an Assocham (Associated Chamber of Commerce and Industry of India) survey conducted in 2020, roughly 79% of Indian households prefer instant food due to lack of time. Therefore, the increasing demand for packaged and ready-to-eat food is expected to drive the growth of the food emulsifiers market in the coming years. Food emulsifier manufacturers are using clear emulsion technology for safe and allergen-free emulsification of food products including beverages, nootropics, edibles, nutraceuticals, and topical. Clear emulsion technology features multiple benefits for food product developers including stability, safety, bioavailability, homogeneity, seamless integration, and others. For instance, in 2020, US-based water-soluble emulsion technology company, SORSE Technology developed SORSE Clear, a clear emulsion with a minimal sensory profile that is made with allergen-free and vegan-friendly ingredients. In December 2019, RPM International Inc., a US-based manufacturer of specialty sealants, coatings, and building materials acquired Profile Food Ingredients, LLC through its edible coatings business, Mantrose-Haeuser Co., Inc. for an undisclosed amount. Through this acquisition, Mantrose-Haeuser Co. will be able to grow its sales of specialty ingredients in the food industry and expand its international market. Profile Food Ingredients, LLC is a US-based manufacturer of dry stabilizers and emulsifier blends for the food industry. Major players in the food emulsifiers market are Dupont Nutrition And Biosciences, Palsgaard A/S, Riken Vitamin Co. Ltd., Cargill, Estelle Chemicals Pvt. Ltd., Kerry Group Inc., Tate & Lyle, Corbion N.V., Lonza Group Ltd., BASF SE, Puratos Group, Koninklijke DSM N.V., Beldem S.A., Lecico GmbH, Lasenor Emul, S.L., and ABITEC Corporation Europe was the largest region in the food emulsifiers market in 2021. The Asia Pacific is expected to be the fastest growing region in the global food emulsifiers market during the forecast period. The regions covered in the global food emulsifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the food emulsifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global food emulsifiers market is segmented - 1) By Type: Lecithin, Monoglyceride, Diglyceride, and Derivatives, Sorbitan Ester, Polyglycerol Ester, Others 2) By Nature: Natural, Synthetic 3) By Form: Fine Powder, Hydrate 4) By Application: Dairy and Frozen Products, Bakery, Meat, Poultry, and Seafood, Beverage, Confectionery, Others

The personal care ingredients market consists of sales of personal care ingredients by entities (organizations, sole traders, and partnerships) that produce personal care ingredients for skincare, haircare, oral care, and make-up products. The major ingredients of personal care ingredients include emollients, surfactants, emulsifiers, rheology modifiers, conditioning polymers, and other ingredients. Surfactants are the amphiphilic biological compounds that are used for foaming, cleansing, emulsifying, penetration enhancement, thickening, antimicrobial effects, solubilizing, and other special effects. The cosmetics having surfactants are compatible with both oil and water. The main sources of personal care ingredients are natural ingredients and synthetic ingredients. The various applications of personal care ingredients are skincare, hair care, oral care, cosmetics, and other applications. The global personal care ingredients market size is expected to grow from $12.98 billion in 2021 to $13.83 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global personal care ingredient market size is expected to grow to $17.21 billion in 2026 at a CAGR of 5.6%. The increasing young population would contribute to the demand for personal care ingredients in the forecast period. The growing desire to look good and presentable drives the demand for personal care products for the increasing youth population. For instance, in 2019, the global youth population aged 15 to 24 years was 1.2 billion, which is expected to increase to around 1.4 billion by 2065. The increase in the youth population is expected to drive the personal care products demand, thereby driving market growth in the future. Side effects of chemical-based personal care products could act as a restrain for the personal care ingredients market in the forecast period. The common side effects of using substandard quality and unregulated chemical-based personal care products include allergies, discoloration, texture alteration, or permanent damage to the skin or hair. Some common chemicals found in beauty products, such as paraben, are used as a preservative in deodorants, moisturizers, shampoos, body wash, and makeup increasing the chances of breast cancer as it has a chemical structure similar to that of estrogen. The detrimental effects of using chemical-based personal care products impact the market for personal care ingredients in the forecast period. Key companies functioning in the market are focusing on new product innovations to meet the demand of the consumers and benefit the users while maximizing revenues. For instance, in 2020, Germany-based chemicals company, BASF SE partnered with Netherlands-based Isobionics to launch Santalol, an alternative to sandalwood oil, produced on a biotechnological basis from renewable raw materials. The new alternative prevents depletion of natural resources and is suitable for use in perfumes and other personal care products. In another instance, in January 2019, Symrise AG, Germany-based cosmetic ingredients company introduced the first benzyl alcohol-based preservative blend with the added power of SymSave H, SymOcide BHO. The product protects cosmetics from undesired microorganisms such as fungi and bacteria. The product also contains the multifunctional ingredients Hydrolite CG, an emollient, and SymSave H, an antioxidant. In June 2020, Givaudan, a Switzerland-based manufacturer of fragrances, flavors, and active cosmetic ingredients acquired Indena's cosmetics business for an undisclosed amount. The acquisition will expand the capabilities of Givaudann’s active beauty business with Indena’s commitment to continue manufacturing ingredients for Givaudan and to provide innovation capabilities and other supporting services to the company. Indena is an Italy-based company engaged in the development, identification, and production of high-quality active ingredients derived from plants, for use in the health food, pharmaceutical, and personal care industries. Major players in the personal care ingredients market are BASF SE, Ashland, Solvay, Dow, Clariant, Croda International Plc, Evonik Industries AG, J.M. Huber Corporation, Solvay S.A, and Huntsman International LLC. North America was the largest region in the personal care ingredients market in 2021. Europe was the second-largest market in the global personal care ingredients market. The regions covered in the global personal care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the personal care ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global personal care ingredients market is segmented - 1) By Ingredient: Emollients, Surfactants, Emulsifiers, Rheology Modifiers, Conditioning Polymers, Others 2) By Source: Natural Ingredients, Synthetic Ingredients 3) By Application: Skin Care, Hair Care, Oral Care, Cosmetics, Others

The dairy food market consists of sales of dairy products by entities (organizations, sole traders, and partnerships) that produce dairy products from raw milk and processed milk products, produce dry, condensed, concentrated, and evaporated dairy, and/or produce some dairy substitute products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The dairy food market is segmented into milk and butter, cheese, dry, condensed, and evaporated dairy products and ice cream, and frozen dessert. The main type of dairy food are milk and butter, cheese, dry, condensed, and evaporated dairy products, ice cream, and frozen dessert. The milk and butter product is solidified form of milk and contributes to cheese manufacturing. The different distribution channels include supermarkets/hypermarkets, convenience stores, e-commerce, and others. The dairy food is sourced from cattle, sheep, goats, camels. The global dairy food market size is expected to grow from $700.06 billion in 2021 to $768.53 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The dairy food market is expected to grow to $1,072.06 billion in 2026 at a CAGR of 8.7%. The increasing demand for local, sustainable and organic food production is expected to positively impact the dairy food market during the forecast period. Organic food production including organic dairy products places a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers now are becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy. Across Europe, there is a very high import rate (especially for fruits and vegetables) as the rate of production is far lower than the consumer demands for organic produce. For instance, according to the Soil Association, sales of organic products in the UK increased by 4.5% in 2019 to reach £2.45 billion. Similarly, sales of organic food in the US increased by 5.9% to reach $47.9 billion, according to the 2019 Organic Industry Survey. This growing demand for organic products offers considerable opportunities for dairy products producers in both developed and developing countries, thus likely to drive the dairy food market during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the dairy food market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the dairy food market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy The internet of things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation. For instance, the Chinese government implemented the National Food Quality Safety Traceability Platform, using IoT technology to improve the quality and safety of food production supply chains. Major companies in the dairy food market include Groupe Lactalis S.A., Danone S.A., Fonterra Group Cooperative Limited, Inner Mongolia Yili Industrial Group Co. Ltd., Saputo Inc, Nestle S.A., Frieslandcampina, Arla Foods amba, The Kraft Heinz Company, and Savencia Fromage & Dairy. Asia Pacific was the largest region in the dairy food market in 2021. Western Europe was the second-largest region in the dairy foods market. The regions covered in the dairy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the dairy food market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global dairy food market is segmented - 1) By Type: Milk and Butter, Cheese, Dry, Condensed, and Evaporated Dairy Products, Ice Cream and Frozen Dessert 2) By Source: Cattle, Sheep, Goat, Camel 3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others Subsegments Covered: Milk-Dairy, Butter, Natural Cheese, Processed Cheese, Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product, Ice Cream, Frozen Dessert

The market for specialty foods consists of sales of specialty foods and their related services. Specialty foods are made from high quality ingredients and have limited distribution with unique or beautiful packaging. The specialty foods consist of cheese & plant-based cheese, non-RTD cocoa and coffee, refrigerated and frozen poultry/seafood/meat, yogurt, candy, pretzels/snacks/chips, bread & baked goods, and others. The main product type are cheese and plant-based cheese, frozen or refrigerated meat, poultry, and seafood, chips, pretzels, and snacks, bread and baked goods, chocolate and other confectionery, and others. Cheese is nutritious food made mostly from the milk of cows and also from other mammals, including sheep, goats, buffalo, reindeer, camels and yaks. Plant based cheeses are made from a variety of nuts, most commonly cashews, almonds, and macadamias. The various type of distribution channels are food service, retail, and online. The global specialty foods market size is expected to grow from $158.87 billion in 2021 to $170.21 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The global specialty food market size is expected to grow to $224.88 billion in 2026 at a CAGR of 7.2%. The growth in the number of millennials preferring at-home and healthy meals coupled with growing interest in having nutritious food for a healthy lifestyle is increasing the demand for specialty foods. According to Specialty Foods Association (SFA), millennials are twice likely to plan at-home meals and giving high preferences for specialty products to create interesting and healthy eating experiences. Moreover, according to the research from the NDP Group in 2019, millennials, gen X, and baby boomers are expected to eat more meals at home. Thus, growth in at-home cooking activities of millennials and preferences for healthy foods is anticipated to boost the revenue for specialty foods market over the forthcoming years. The high cost of specialty food is likely to hinder the growth of the specialty foods market during the period. Specialty foods are made from high-quality ingredients such as gluten-free, non-GMO, and ingredients rich in vitamins and minerals, thus include a higher cost of raw materials. According to specialty foods association, the high cost of ingredients, certifications, and production is increasing the prices of specialty foods making it unaffordable for the large group of the populace. Therefore, the high cost of specialty foods is predicted to hinder the growth of the specialty foods market during the forecast period. The launch of high quality and innovative products such as plant-based, convenience, better-for-you, non-GMO products with authenticity, and products with unique attributes such as low fat, low calorie, low sodium, high protein, no dairy and organic is a major trend shaping the growth of the specialty foods industry. For instance, in February 2020, PANOS Brands, engaged in production and sales of a unique portfolio of specialty and natural brands announced the launch of its new products which includes Amore Organic Ready-To-Eat Legumes, KA•ME Asian Rice Crackers, Amore Organic Ready-To-Eat Legumes, Chatfield’s premium allergen-safe Organic Baking Bars, Andrew & Everett rBGH-BST Hormone Free Melting Cheese, and MI-DEL Organic Apple Cinnamon Cookies. Therefore, the launch of new innovative and healthy products is likely to be a major trend driving the sales of the specialty foods industry. In April 2021, Brazilian based JBS SA, a meat processing company, announced that it will acquire Vivera, a European plant-based food company, for €341 million ($410 million). The deal includes three manufacturing facilities and a research and development center located in the Netherlands. This acquisition is an important step to strengthen JBS SA global plant-based protein platform, for the same Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products and these products are distributed to retailers in more than 25 countries across Europe. Major players in the specialty foods market are Compass Group, Chobani, World Central Kitchen, Eden Creamery, AeroFarms, Safe Catch Foods, Union Wine Co., Daily Harvest, a2 Milk, Amy’s Kitchen Asia Pacific was the largest region in the speciality foods market in 2021. Western Europe was the second-largest region in the global speciality food market.The regions covered in the global specialty food market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the specialty foods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global specialty foods market is segmented - 1) By Product Type: Cheese and Plant-Based Cheese, Frozen or Refrigerated Meat, Poultry, and Seafood, Chips, Pretzels, and Snacks, Bread and Baked Goods, Chocolate and Other Confectionery, Others 2) By Distribution Channel: Food Service, Retail, Online 3) By Consumer Generation: Gen-Z, Millennials, Gen-X, Baby Boomers

The face creams manufacturing market consists of the sales of face creams. Face creams are cosmetic creams or lotions, consisting of any of various substances in the form of a thick liquid, applied to the face to improve the complexion and for softening and moisturizing the skin. The main types of face creams are moisture, healing, anti-aging, and others types. Anti-aging face creams are cosmeceutical skincare products that are mostly moisturizer-based and are promoted with the promise of helping the consumer seem younger. Face creams are used by females and males of age groups 0-1, 2-25, 26-40, 41-55, and >55 and applied in oil skin, dry skin, neutral skin, sensitive skin, and other skin types and are distributed through multi-brand retail outlets, online platforms, supermarkets/ hypermarkets, exclusive retail stores, and beauty parlors/ salons. The global face creams market size is expected to grow from $13.2 billion in 2021 to $14.45 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global face cream market size is expected to grow to $20.33 billion in 2026 at a CAGR of 8.9%. The increasing demand for natural and organic face creams is expected to drive face cream market growth during the forecast period. With the growing awareness of the risks associated with the prolonged use of face creams made from synthetic materials, the demand for natural and organic face creams has increased. Face cream manufacturers are focusing on developing products using natural ingredients such as aloe vera, clay, hyaluronic acid, antioxidants, coconut, avocado, jojoba, argan oil, carrot seed extracts, sunflower, and olive oil. According to Livemint's analysis, the contribution of natural products to personal care has increased to 35% in 2019. According to the survey conducted by Kari Gran, 75% of millennial women prefer buying products manufactured from natural ingredients. This is expected to drive the growth of the face creams market. Strict regulations by government agencies on the use of certain ingredients in making cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and their use may lead to various skin diseases. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. The demand for multi-benefit combinations has been increasing rapidly. Products such as foundations with anti-aging serums, nail polish with UV protection, and anti-aging claims are introduced into the market. Multi-benefit solutions are expected to continue to penetrate further into different categories such as hair care with anti-aging or fragrance to lipsticks with lip care. Major players in the face creams market are Johnson & Johnson Services Inc., L'Oreal S.A., Procter & Gamble, The Estee Lauder Companies Inc., Unilever, Alticor Inc., The Body Shop International Limited, Avon Products Inc., Oriflame Cosmetics AG, and Shiseido Company Limited. Asia Pacific was the largest region in the face creams market in 2021. Western Europe was the second-largest region in the global face cream market. The regions covered in the global face creams market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the face creams market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The global face creams market is segmented - 1) By Type: Moisture, Healing, Anti-Aging, Others 2) By Age: 0-1, 2-25, 26-40, 41-55, >55 3) By Sex: Female, Male 4) By Application: Oil Skin, Dry Skin, Neutral Skin, Sensitive Skin, Others 5) By Distribution Channel: Multi-Brand Retail Outlets, Online Platforms, Supermarkets/ Hypermarkets, Exclusive Retail Stores, Beauty Parlors/ Salons