Natural Fibers Global Market Report 2023 – By Type (Cellulose based natural fiber, Protein based natural fiber), By Distribution Channel (Direct or Institutional Sales, Retail Sales, Other Channel Sales) By End-Use Industry (Automotive, Textile, Medical, Other End Use) – Market Size, Trends, And Global Forecast 2023-2032

Natural food colors and flavors are extracted from plants, animals, and other organic materials by using physical or chemical methods. Natural food colors and flavors come in many forms like liquids, powders, gels, and pastes and these are used in commercial food production as well as domestic cooking. The main types of natural food colors are caramel, carotenoids, anthocyanins, curcumin, annatto, copper chlorophyllin, capsanthin, and others. The main types of flavors are natural extracts, aroma chemicals, essential oils, and others. Caramel color is one of the oldest and most used food colors in food and beverages. Carotenoids are plant pigments that produce bright yellow, red, and orange colors and these colors are used as natural coloring agents in foods and beverages. Annatto is an orange-red food color or condiment made from the seeds of the achiote tree that grows in tropical regions in South and Central America. The natural food colors and flavors are available in liquid and dry form and used in various applications such as beverages, bakery, confectionery, dairy and frozen products, meat products, and others. The global natural food colors and flavors market is segmented - 1) By Color Type: Caramel, Carotenoids, Anthocyanins, Curcumin, Annatto, Copper Chlorophyllin, Capsanthin, Other Color Types 2) By Flavor Type: Natural Extracts, Aroma Chemicals, Essential Oils, Other Flavor Types 3) By Form: Liquid And Gel, Dry 4) By Application: Beverages, Bakery, Confectionery, Dairy And Frozen, Meat Products, Other Applications The global natural food colors and flavors market size grew from $5.69 billion in 2022 to $6.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of natural food colors and flavors is expected to grow to $7.9 billion in 2027 at a CAGR of 6.8%. Rising concerns regarding the health hazards posed by the consumption of synthetic colors drove the market for natural food colors and flavors. Synthetic food colors and flavors are chemicals that originate from coal tar derivatives, petroleum, or crude oil and cause health hazards such as high blood pressure, DNA mutation, obesity, infertility and others. For instance, Auramine is a food color known to retard growth and damages kidneys, liver. Lead chromate is yellow food color that can be dangerous to health causing anemia, abdominal pain, hypertension, neurological problem. According to the study published by the Brazilian Journal of Biology, the researchers fed 2ml of chocolate flavoring, 5ml of strawberry flavoring per Kg for a group of mice, and on day 6 all the mice died due to toxic effects on gene and cells. Therefore, the rising health hazards from the consumption of synthetic colors have raised concerns in consumers and this, in turn, drove the market for natural food colors and flavors. Major players in the natural food colors and flavors market are Archer Daniels Midland, CHR Hansen, Kerry Group, San-Ei Gen, Symrise, International Flavors & Fragrances, Sensient Technologies Corporation, Givaudan, FMC Corporation, GNT International, Kalsec, Royal DSM, Döhler, Naturex, ROHA Dyechem, DDW The Color House, Aromata Group, BASF SE, Takasago International Corporation, DuPont, Mane, T.Hasegawa, Firmenich, Robertet, Synergy Flavors, Amar Bio-Organics India, Taiyo International, The Food Flavors, Besmoke, Gulf Flavors and Food Ingredients, and Seluz Fragrances & Flavors Company. Natural food colors and flavors market manufacturers are increasingly manufacturing food colors and flavors according to the taste and preference of the local residents and this is an emerging trend in the food colors and flavors market. The act of localization creates demand for specific natural food coloring agents based on each region. Also, manufacturing food colors and flavors according to local demand reduces the shipping cost because the cost of fuel consumption is low compared to the fuel consumption due to shipping of products from long distances. For instance, Archer Daniels Midland (ADM), a US-based multinational food processing and commodities trading corporation, has a production facility in India that produces mint flavors according to the demand of Indian customers. This facility buys raw materials from local farmers and manufactures natural mint and other flavors. The localization also increases economic growth by boosting local manufacturers, creating jobs, and increasing spending. In December 2020, McCormick & Company Inc., a global food company that manufactures spices, seasoning mixes, condiments, and flavoring products, acquired FONA International Inc., a natural flavoring company for a deal amount of $710 million in cash. The acquisition of FONA International is expected to broaden McCormick’s existing product portfolio and expand capabilities such as research and development, and expertise in flavoring health and performance nutrition products. Europe was the largest region in the natural food colors and flavors market in 2022. Asia-Pacific is expected to continue to be the fastest growing region in the forecast period. The regions covered in the natural food colors and flavors market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the natural food colors and flavors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The natural food colors and flavors market consists of sales of natural food colors including betalains and anthraquinones. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The natural food colors and flavors market research report is one of a series of new reports from The Business Research Company that provides natural food colors and flavors market statistics, including natural food colors and flavors industry global market size, regional shares, competitors with a natural food colors and flavors market share, detailed natural food colors and flavors market segments, market trends and opportunities, and any further data you may need to thrive in the natural food colors and flavors industry. This natural food colors and flavors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Natural antioxidants are naturally occurring chemicals that attempt to prolong the product's oxidative rancidity and keep its conditions ideal for a longer duration. Natural antioxidants are phenolics, which can be found in a variety of plant parts, including seeds, fruits, barks, leaves, vegetables, nuts, and roots. The main types of products in natural antioxidants are vitamin E, vitamin C, carotenoids, and polyphenols. Vitamin E consists of vital nutrients & antioxidants which help in the improvement of blood circulation, healing of tissues, and protection against cell damage in a human body. The different forms include dry and liquid. Natural antioxidants are extracted from different sources such as plants and petroleum and are used in personal care, food and beverages, animal feed, others. The global natural antioxidants market is segmented - 1) By Product: Vitamin E, Vitamin C, Carotenoids, Polyphenols 2) By Source: Plant, Petroleum 3) By Form: Dry, Liquid 4) By Application: Personal Care, Food And Beverages, Animal Feed, Other Applications The global natural antioxidants market size grew from $2.31 billion in 2022 to $2.52 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the natural antioxidants is expected to grow to $3.62 billion in 2027 at a CAGR of 9.4%. Increasing awareness of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes is expected to propel the growth of the natural antioxidants market in the forecast period. As people are becoming more aware of lifestyle diseases, they are adopting healthy lifestyles and striving to improve their dietary habits, which boosts the demand for natural antioxidants. Antioxidant-rich foods may lower the risk of a variety of diseases including heart disease and certain cancers. Natural antioxidants scavenge free radicals from bodily cells, preventing or reducing oxidative damage. For instance, in October 2022, the Centers for Disease Control and Prevention, a US-based national public health agency, 6 in 10 Americans are suffering from at least one chronic disease like cardiovascular, cancer, and diabetics. Therefore, the increasing awareness of lifestyle diseases drives the growth of the natural antioxidants market. Major players in the natural antioxidants market are Archer Daniels Midland Company, Koninklijke DSM N.V., BASF SE, DowDuPont, Ajinomoto Co. Inc., Prinova, Kalsec, Cargill, Indena S.p.A., Adisseo, Chr. Hansen Holding A/S, A & B Ingredients Inc., ADEKA Corporation, Naturex, Cyanotech Corporation. Strategic collaborations are shaping the natural antioxidants market. Major companies operating in the natural antioxidants sector are focused on strategic collaborations to strengthen their position. For instance, in January 2020, DuPont, a US-based company that offers natural antioxidants collaborated with International Flavors & Fragrances, Inc., an American corporation that produces flavors, fragrances, and cosmetic actives to enhance their food additive business. Furthermore, in May 2021, Robertet, a France-based fragrance, and flavor manufacturer that specializes in natural raw materials acquired Ecom Food Industries, a Canada-based company that offers natural antioxidants. This acquisition combines both firms' capabilities and enables them to better serve the customers with all-natural, botanically sourced ingredients and value-added products. In June 2022, Kensing LLC, a US-based company operating in natural oxidants acquired Vitae Naturals for an undisclosed amount. Through this acquisition, Kensing LLC aims to expamd its footprint in the European market and further expand food ingredients. Vitae Naturals is a Spain-based company operating in natural antioxidants. Asia-Pacific was the largest region in the natural antioxidants market in 2022. The regions covered in the natural antioxidants growth report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the natural antioxidants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The natural antioxidants market consists of sales of vitamin E, vitamin C, carotenoids, polyphenols, and other natural antioxidants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The natural antioxidants market research report is one of a series of new reports from The Business Research Company that provides natural antioxidants market statistics, including natural antioxidants industry global market size, regional shares, competitors with a natural antioxidants market share, detailed natural antioxidants market segments, market trends and opportunities, and any further data you may need to thrive in the natural antioxidants industry. This natural antioxidants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Natural sweeteners are sugar substitutes that are refined and prepared using methods such as boiling, mixing, pH adjustment, filtration, and fermentation. They are used to improve the palatability and shelf life of food products and have the potential to make the food both nutritional and flavorful. The main types of natural sweeteners are stevia, sorbitol, xylitol, mannitol, erythritol, sweet proteins, and others. Stevia is a type of natural sweetener that is manufactured from a leaf related to popular garden flowers like asters and chrysanthemums. The different applications include bakery goods, sweet spreads, confectionery, and chewing gums, beverages, dairy products, others and used by various sectors such as food and beverages, pharmaceutical, direct sales, others. The global natural sweeteners market is segmented - 1) By Type: Stevia, Sorbitol, Xylitol, Mannitol, Erythritol, Sweet Proteins, Other Types 2) By Application: Bakery Goods, Sweet Spreads, Confectionery And Chewing Gums, Beverages, Dairy Products, Other Applications 3) By End-User: Food And Beverages, Pharmaceutical, Direct Sales, Other End-Users The global natural sweeteners market size grew from $5.37 billion in 2022 to $5.8 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the natural sweeteners market is expected to grow to $7.38 billion in 2027 at a CAGR of 6.2%. The increasing prevalence of diabetes and obesity is expected to propel the growth of the natural sweeteners market in the coming years. A large portion of the population is choosing low sugar options to manage their diabetes and obesity conditions. Many individuals are switching from refined table sugar and high-fructose corn syrup to natural sweeteners because they are a healthier alternative to refined sugars and can help people lose weight. For instance, in 2022, Centers for Disease Control and Prevention, a US-based national public health agency, around 37.3 million people are suffering from diabetes which equals 11.3% of the United States population. Additionally, according to the International Diabetes Federation’s December 2021 report, a Belgium-based leading global diabetes community approximately 537 million adults are suffering from diabetes globally, whereas 3 out of 4 adults are in low- and middle-income countries. Therefore, the increasing prevalence of diabetes and obesity drives the growth of the natural sweeteners market. Major players in the natural sweeteners market are ABF Ingredients, Archer-Daniels-Midland, Cargill Inc., DuPont Nutrition & Biosciences, FoodChem International Corporation, Galam Ltd., GLG Life Tech Corp, Herboveda, Imperial Sugar, Ingredion Incorporated, Madhava Foods, Merisant, Morita Kagaku Kogyo Co. Ltd., Ohly, PureCircle Ltd., Roquette Frères, Sunwin Tech Group Inc., SweetLeaf Stevia, Tate & Lyle PLC, Associated British Foods PLC., Fooditive B.V., Hearthside Food Solutions LLC, Nestle SA, and Wilmar International Limited. The natural sweeteners market research report is one of a series of new reports from The Business Research Company that provides natural sweeteners market statistics, including natural sweeteners industry global market size, regional shares, competitors with a natural sweeteners market share, detailed natural sweeteners market segments, market trends and opportunities, and any further data you may need to thrive in the natural sweeteners industry. This natural sweeteners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The growing product innovations are shaping the natural sweeteners market. Major companies operating in the natural sweeteners sector are focused on developing product innovations to strengthen their position. For instance, in 2020, DouxMatok, an Israel-based sweetener-alternative start-up launched Incredo Sugar using proprietary technology. Incredo Sugar, which is created from actual cane or beet sugar is a unique solution for sugar reduction as it allows food products to be reduced in sugar by up to 50%. In December 2020, Whole Earth Brands, Inc., a US-based food company brand acquired Wholesome Sweeteners for an undisclosed amount. The acquisition broadens whole earth's diverse portfolio of trusted brands and delectable products, which meet rising consumer requirements for natural and plant-based dietary options, baking ingredients, and flavor profiles. Wholesome Sweeteners Incorporated is a US-based company that focuses on organic sweeteners. North America was the largest region in the natural sweeteners market in 2022. The regions covered in the natural sweeteners market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the natural sweeteners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The natural sweeteners market consists of sales of unprocessed honey, maple syrup, agave nectar, and other natural sweeteners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The natural sweeteners market research report is one of a series of new reports from The Business Research Company that provides natural sweeteners market statistics, including natural sweeteners industry global market size, regional shares, competitors with a natural sweeteners market share, detailed natural sweeteners market segments, market trends and opportunities, and any further data you may need to thrive in the natural sweeteners industry. This natural sweeteners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Synthetic fibers are man-made textiles that are usually made from chemical synthesis materials, such as rayon and acetate from cellulose, or regenerated protein synthetic fibers from zein or casein, as well as fully synthetic fibers. The types of synthetic fibers are polyester, nylon, acrylics, polyolefin, and other types. Polyester is a group of polymers that consist basically of repeated units of an ester and are used mainly in making fibers or plastics. The applications involved are clothing, home furnishings, automotive, filtration, and other applications. The distribution channels are online and offline. The global synthetic fibers market is segmented - 1) By Type: Polyester, Nylon, Acrylics, Polyolefin, Other Types 2) By Application: Clothing, Home Furnishing, Automotive, Filtration, Other Applications 3) By Distribution Channel: Online, Offline The global synthetic fibers market size will grow from $161.11 billion in 2022 to $174.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global synthetic fibers is expected to grow from $231.33 billion in 2027 at a CAGR of 7.4%. Synthetic fiber is used in a broad range of applications, including the textile industry and home furnishings, owing to its physical and chemical properties such as high durability and stain-resistant characteristics. Polyester is one major fiber used in tires, belts, and hoses, whereas nylon is used for the preparation of carpets. According to a report, by 2030 it is expected that the consumption of polyester will be approximately three times that of cotton fiber. Thus, the increased usage of synthetic fibers in end-user industries is expected to drive the growth of synthetic fiber market. Major players in the synthetic fibers market are Bombay Dyeing, E. I. du Pont de Nemours and Company, Indorama Corporation, Lenzing AG, Mitsubishi Chemical Holdings Corporation, Reliance Industries Limited, China Petroleum Corporation (Sinopec Corp.), Teijin Limited, Toray Chemical Korea Inc., and Toyobo Co., Ltd. Synthetic fibers are non-biodegradable and affect the environment negatively. Fragmentation and withering of large synthetic fibers generate microplastics, which affect the ecosystem. Any plastic that is less than 5 mm in length is microplastic. Microplastics act as a medium through which harmful chemicals and micro-organisms enter the human body easily. According to a recent study that was started by the World Wildlife Fund and conducted by researchers at the University of Newcastle in Australia, it is estimated that people consume around 5 grams of plastic a week, which is similar to a credit card. As a result, governments impose stringent regulations to curb the use of synthetic fibers, restraining the growth of the market. Increased demand for lightweight and fuel-efficient materials or advanced composite materials is increasing the need for synthetic fibers. Synthetic fibers made from polymer aromatic polyamide are mainly of two types: para-aramid and meta-aramid. Aramids, UHME polyethylene, and POA are the major types of specialty synthetic fibers. Marine, medical, sporting goods, pressure vessels, and reinforcement materials industries are the significant applications for the specialty synthetic fiber market, and growth in these markets is driving the synthetic fiber market. For instance, some of the new products using synthetic fibers include bioplastics, plastic composites/nanocomposites, self-healing polymers, plastic electronics, and smart and reactive polymers. In February 2022, Bast Fibre Technologies, a Canada-based textile engineering company, acquired Lumberton Cellulose for an undisclosed amount. This acquisition of the Lumberton facility diversifies BFT’s natural fiber offerings, allowing entry into complementary product categories for cosmetic cotton, filtration, hygiene, and other nonwoven applications. Lumberton Cellulose is a US-based manufacturer of premium natural fibers. Asia-Pacific was the largest region in the synthetic fibers market in 2022. Western Europe was the second-largest region in the global synthetic fibers market share. The regions covered in the global synthetic fibers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the synthetic fibers market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The synthetic fibers market consists of the sales of rayon, microfiber, and spandex synthetic fibers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The synthetic fibers market research report is one of a series of new reports from The Business Research Company that provides synthetic fibers market statistics, including synthetic fibers industry global market size, regional shares, competitors with a synthetic fibers market share, detailed synthetic fibers market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic fibers industry. This synthetic fibers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional food ingredients are bioactive compounds or ingredients used in manufacturing functional food products. The ingredients in functional foods provide health benefits, and some of them include supplements or other additives. The main types of functional food ingredients are probiotics and prebiotics, carotenoids, dietary fibers fatty acids, vitamins, minerals, and others. Carotenoids are fat-soluble pigments found generally in fruits, flowers, plants, algae, and photosynthetic bacteria. They are also found in some non-photosynthetic bacteria, molds, and yeasts. Carotenoids act as a type of antioxidant for humans and are important for human health. It protects the human body against serious disorders such as heart disease, cancer, and degenerative eye disease. The different sources include natural, synthetic and are used in beverages, dairy products, infant food, bakery and confectionery, others. The global functional food ingredients market is segmented - 1) By Type: Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others 2) By Source: Natural Synthetic 3) By Application: Beverages, Dairy Products, Infant Food, Bakery And Confectionery, Others The global functional food ingredients market size grew from $102.13 billion in 2022 to $111.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the functional food ingredients market size is expected to grow to $156.98 billion in 2027 at a CAGR of 9.0%. The rise in demand for fortified food & beverage products is expected to contribute to the growth of the functional food ingredients market. Fortified foods are functional foods that lack natural nutrients; nutrients are added to them. These foods boost nutrition and provide health advantages. Fortified foods are functional foods without natural nutrients in them, nutrients are added to them, and these foods improve nutrition, add health benefits. Fortified foods & beverage products consumption is increasing due to growing health consciousness in consumers, increasing disease occurrences, increasing consumer’s disposable income. The medicinal properties of these foods in providing healing benefits apart from energy and essential nutrients are motivating consumers to spend more on healthy food products. According to the Kerry Group study, in 2019, 65% of consumers seek functional benefits in their food & beverages, and apple cider vinegar sales as a grown-up by 86% for its digestive and blood sugar managing properties. Therefore, the rise in demand for fortified food & beverage products will drive the functional food ingredients market growth. Major players in the functional food ingredients market are Cargill, BASF, Archer Daniels Midland, DuPont Nutrition & Biosciences, Arla Foods, Kerry Group, Ajinomoto, DSM, Ingredion Incorporated, Tate & Lyle, Roquette Frères, Nestle, Fuerst Day Lawson, Ashland, A&B Ingredients, and Royal Cosun. Collaborations and partnerships are are key trends gaining popularity in shaping the functional food ingredients market. Major companies operating in the functional food ingredients sector are focused on partnering or collaborating with other companies to develop innovative solutions for functional food ingredients. For instance, in December 2019, Cargill, a US-based food company, and Renmatix, a US-based plant ingredient innovations company, signed a joint development agreement (JDA) to explore a novel approach for making functional food ingredients from unutilized plants material. This agreement was to manufacture highly functional food ingredients. The companies will use Renmatix’s Plantrose Process, which is a proprietary water-based technology, and Cargill’s preferred feedstocks. In July 2021, Kerry Group, an Irish-based food company announced that it is acquiring Biosearch Life for a $150 million deal amount. Through this acquisition, Kerry Group can expand its healthy ingredient portfolios such as probiotics and omega-3. The expansion of a healthy ingredient portfolio can boost its capabilities within functional foods and proactive health ingredients. Biosearch Life, based in Spain, is a biotechnology company that manufactures healthy natural ingredients such as Omega-3, Probiotics, Botanical Extracts. North America was the largest region in the functional food ingredients market in 2022. Europe was the second-largest market in the functional food ingredients market. The regions covered in the functional food ingredients report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the functional food ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.The main types of functional food ingredients are probiotics and prebiotics, carotenoids, dietary fibers fatty acids, vitamins, minerals, and others. Carotenoids are fat-soluble pigments found generally in fruits, flowers, plants, algae, and photosynthetic bacteria. They are also found in some non-photosynthetic bacteria, molds, and yeasts. Carotenoids act as a type of antioxidant for humans and are important for human health. It protects the human body against serious disorders such as heart disease, cancer, and degenerative eye disease. The different sources include natural, synthetic and are used in beverages, dairy products, infant food, bakery and confectionery, others. The functional food ingredients market research report is one of a series of new reports from The Business Research Company that provides functional food ingredients market statistics, including functional food ingredients industry global market size, regional shares, competitors with a functional food ingredients market share, detailed functional food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the functional food ingredients industry. This functional food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aramid fibre refers to a long-chain synthetic polyamide fibre made of synthetic linkages that are at least 85% directly connected to two aromatic rings. Aramid fibre is mostly used for reinforcement in composites such as sports goods, aviation, and military vehicles, as well as fabrics in apparel such as fire safety garments or bulletproof jackets. The main types of aramid fibre are para-aramid fibre and meta-aramid fibre. Para-aramid is heat and flame-resistant synthetic fibre with high tensile strength, impact resistance, and low elongation at break. It is also resistant to acids and alkalis. The several applications include protective fabrics, frictional materials, optical fibres, tire reinforcement, rubber reinforcement, composites, and others that are used by various end-use industries such as aerospace and defence, automotive, electronics and telecommunication, and sports goods, and others. The global aramid fibre market is segmented - 1) By Type: Para-Aramid Fiber, Meta-Aramid Fiber 2) By Application: Protective Fabrics, Frictional Materials, Optical Fibers, Tire Reinforcement, Rubber Reinforcement, Composites, Other Applications 3) By End-Use Industry: Aerospace And Defense, Automotive, Electronics and Telecommunication, Sports Goods, Other End Users The global aramid fibre market size grew from $4.33 billion in 2022 to $4.83 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aramid fibre market size is expected to grow to $6.89 billion in 2027 at a CAGR of 9.3%. The rising need for lightweight materials offering significant emission reduction in vehicles is contributing to the growth of the aramid fibre market. The use of lightweight materials in automobiles helps in reducing weight, fuel consumption, and greenhouse gas emissions. Aramid fibres are used as reinforced materials in the manufacturing of tires, turbocharger hoses, powertrain components, belts, brake pads, gaskets, clutches, seat textiles, electronics, and seat sensors in automobiles due to their lightweight and high strength capabilities. For instance, according to the Electronic Specifier, a UK-based publisher of global electronics sector information resources, lightweight material in the automobile industry is predicted to expand at a CAGR of 5% by 2028. Therefore, the rising demand for lightweight materials offering significant emission reductions in vehicles will drive the growth of the aramid fibre market. The strong government spending on military and defence industries will support the growth of the aramid fibre market going forward. The increase in the defence budget is enabling governments from numerous countries to invest in advanced and lightweight protective equipment for military forces. Aramid fibres are used in aerospace and military applications, including ballistic-rated body armour fabric and ballistic composites, maritime cordage and hull reinforcement, and as a substitute for asbestos. For instance, according to the Stockholm International Peace Research Institute, a Sweden-based institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trafficking, the US government spent $778 billion on defence in 2020, up 4.4% from 2019. In addition, the United States, as the world's largest military spender, accounted for 39% of total military spending in 2020. Therefore, the strong government spending on military and defence industries will support the growth of the aramid fibre market. Major players in the aramid fibre market are Teijin Ltd., DuPont De Numerous Inc., Yantai Tayho Advanced Materials Co. Ltd., Hyosung Corp., Toray Industries Inc., Kolon Industries Inc., Huvis Corporation, Kermel, China National Bluestar (Group) Co. Ltd., SRO Aramid Co. Ltd., JSC Kamenskvolokno, X-FIPER New Material Co. Ltd., Toyobo Co. Ltd., Taekwang Industrial, Jiaxing Newtex Composites Co. Ltd., Guangdong Charming Company, Bally Ribbon Mills, Coats Group plc, Vectorply, and Solvay. The increasing investments have emerged as the major trend gaining popularity in the aramid fibre market. Aramid Fiber manufacturing companies are investing in expanding their aramid fibre production capacity in order to fulfil the growing demand from end-use sectors. For instance, in June 2021, Kolon Industries, a South Korea-based chemical and textile manufacturing company, announced a 236.9 billion won ($209.2 million) investment to increase its production capacity of aramid fibre, a material used in vehicle tires. Kolon Industries estimates that after the expansion is completed in 2023, its manufacturing capacity will increase from 7,500 to 15,000 metric tonnes. It stated that with improved production capacity, the company plans to quickly expand into advanced industries including electric vehicles. Europe was the largest region in the aramid fibre market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aramid fibre report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aramid fibre market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aramid fibre market consists of sales of meta-aromatic and para-aromatic polyamide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aramid fibre market research report is one of a series of new reports from The Business Research Company that provides aramid fibre market statistics, including aramid fibre industry global market size, regional shares, competitors with an aramid fibre market share, detailed aramid fibre market segments, market trends and opportunities, and any further data you may need to thrive in the aramid fibre industry. This aramid fibre market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The asphalt additives refer to chemicals or substances that are added to asphalt to change the result of the asphalt binder. Asphalt additives are materials that improve the adhesive force between aggregates and asphalt cement preventing cracking, unravelling, and deformation. Asphalt additives include ethylene vinyl acetate, latex, styrene-butadiene styrene-block (SBS) copolymer, and manganese organic complex, SBS vulcanized with asphalt, polyethylene, and carbon black. The main types of asphalt additives are polymeric modifiers, anti-strip and adhesion promoters, emulsifiers, chemical modifiers, rejuvenators, fibers, flux oil, and colored asphalt. Polymer modifiers are polymeric compounds with a functional unit grafted onto the backbone of the polymer. They use technologies such as hot mix, cold mix, and warm mix and have various applications in road construction, road paving, airport runway, parking lots, and roofing. The global asphalt additives market is segmented - 1) By Type: Polymeric Modifiers, Anti-strip And Adhesion Promoters, Emulsifiers, Chemical Modifiers, Rejuvenators, Fibers, Flux Oil, Colored Asphalt 2) By Technology: Hot Mix, Cold Mix, Warm Mix 3) By Application: Road Construction, Road Paving, Airport Runway, Parking Lots, Roofing The global asphalt additives market size grew from $3.62 billion in 2022 to $3.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The asphalt additives market size is expected to grow to $5.57 billion in 2027 at a CAGR of 9.2%. An increase in road construction projects is expected to propel the growth of the asphalt additives market. Roads play a critical role in economic development and progress, as well as providing significant social advantages and asphalt additives are used in constructing roads as it improves the quality of the road and makes it more durable. For instance, according to the India Brand Equity Foundation (IBEF), a Trust established by the Department of Commerce, Ministry of Commerce and Industry, and Government of India, despite the pandemic and shutdown, India built 13,298 kilometers of roadways in FY21. Therefore, an increase in road construction projects is expected to drive the asphalt additives market. Major players in the asphalt additives market are Arkema SA, Arrmaz, BASF SE, Evonik Industries, Huntsman Corporation, Nouryon, Sasol Limited, Sinopec Corporation, Solvay SA, Jiangsu Jinyang, Zibo bridge lung, Berkshire Engineering Supplies, Engineered Additives, Sonneborn, LUCOBIT, Tri-Chem Specialty Chemicals LLC, Colas, and Cargill Inc. Bio-based asphalt additives are shaping the asphalt additives market. The use of rubber in the asphalt business has shown several benefits in the pavement sector such as improved workability. For instance, in November 2021, Puma Energy International S.A., a Switzerland-based company involved in bitumen sourcing and supply partnered with Cargill, Incorporated, a US-based company that offers goods and services in the risk management, financial, industrial, agricultural, and food industries, introduced to customers in Australia the Cargill Anova product line of bio-based asphalt additives, including the Anova warm mix additive and the Anova asphalt rejuvenator. One advantage of the Anova warm mix additive is that it is a non-hazardous, vegetable-derived product. In April 2022, Euclid Chemical Company, a US-based producer of goods for the masonry and concrete construction sector, acquired Chrysos Corporation cement grinding aids and additives business in North America. With the acquisition, the acquired technologies are sold to cement manufacturers in order to improve cement performance and reduce CO2 emissions during production. Chrysos Corporation is an Australia-based provider of technology for mining industry. Asia-Pacific was the largest region in the asphalt additives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in asphalt additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the asphalt additives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The asphalt additives market consists of sales of rheology and elasticity modifiers used as asphalt additives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The asphalt additives market research report is one of a series of new reports from The Business Research Company that provides asphalt additives market statistics, including asphalt additives industry global market size, regional shares, competitors with an asphalt additives market share, detailed asphalt additives market segments, market trends and opportunities, and any further data you may need to thrive in the asphalt additives industry. This asphalt additives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hemp fiber refers to one of the robust members of the family of strong natural fibers, which are generated from the cannabis family's hemp plant. The plant's stem is made up of long strands that are used to make hemp fabric. By using a technique called retting, these fibres are extracted from the bark and then spun together to produce a continuous thread that can be woven into textiles. The main types of hemp fiber are long (bast) fibers, and short (core) fibers. The long (bast) hemp fiber market refers to the soft woody fiber obtained from the stems of dicotyledonous plants and is used for textiles and cordage. The different sources include organic and conventional, and are used in food, beverages, personal care products, textiles, pharmaceuticals, and other applications. The global hemp fiber market is segmented – 1) By Type: Long (bast) Fibers, Short (core) Fibers 2) By Source: Organic, Conventional 3) By Application: Food, Beverages, Personal Care Products, Textiles, Pharmaceuticals, Other Applications The global hemp fiber market size will grow from $7.94 billion in 2022 to $10.94 billion in 2023 at a compound annual growth rate (CAGR) of 37.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hemp fiber market size is expected to grow to $36.21 billion in 2027 at a CAGR of 34.9%. Increasing legalization to cultivate industrial hemp is expected to propel the growth of the hemp fiber market going forward. Industrial hemp is obtained from the plant species Cannabis sativa and has been used globally to produce a variety of industrial and consumer products. Industrial hemp is grown for its fiber and seeds, which are used for the manufacture of hemp fiber. As a result, increasing legalization of industrial hemp helps to increase the production of hemp fiber. For instance, in January 2021, the US Department of Agriculture announced the final rule regulating the production of hemp in the United States. The rules are issued under Section 10113 of the law. This has implicitly legalized the manufacturing and selling of Delta-8 THC, which contains minor psychoactive substances similar to the legally banned Delta-9 (marijuana). Therefore, the increasing legalization of cultivating industrial hemp is driving the growth of the hemp fiber market. Major players in the hemp fiber market are Hempco, Ecofibre, Hemp Inc., GenCanna, HempFlax BV, Natural Fiber, Forever Green, HempAge AG, Hempro Int. GmbH & Co. KG, Hempy’s, Parkland Industrial Hemp Growers Cooperative Ltd., Shanxi Greenland Textile, BaFa, Dunagro, Shenyangbeijiang, Hempfortex, Kingdom Holdings, CanvaLoop Fibre Private Limited, Plains Industrial Hemp Processing Ltd., MH medical hemp, Industrial Hemp Manufacturing LLC, Konoplex, Hemp Oil Canada, and HemPoland. New product innovations have emerged as the key trend gaining popularity in the hemp fiber market. Major companies operating in the hemp fiber sector are focused on introducing product innovations to sustain their position. For instance, in June 2020, Precision Extraction, a US-based manufacturer of hemp extraction equipment, launched the CRS 2000 (CryoMass Refinement System), which is a solvent-free harvesting and refining system. It is used for both drying and purifying biomass from cannabis and hemp plants at a rate of up to 600,000 grams per hour. CRS 2000 drastically increases solvent-based cannabis and hemp, which helps to increase extraction volume by up to 400%. In March 2020, Stevia Nutra Corporation, a Canada based company that produces hemp and stevia, acquired New Earth Development Corporation for an undisclosed amount. Through this acquisition, Stevia Nutra increases its capabilities in developing and producing unbreakable, ballistic personal protective clothing using foam, graphene, and hemp-based compositions. New Earth Development Corporation is a US-based hemp fiber manufacturing company pioneering in the development of hemp fiber-based materials. Asia-Pacific was the largest region in the hemp fiber market in 2022. The regions covered in the hemp fiber report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hemp fiber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The hemp fiber consists of sales of hemp grain and hemp seed. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The hemp fiber market research report is one of a series of new reports from The Business Research Company that provides hemp fiber market statistics, including hemp fiber industry global market size, regional shares, competitors with a hemp fiber market share, detailed hemp fiber market segments, market trends and opportunities, and any further data you may need to thrive in the hemp fiber industry. This hemp fiber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.