Seafood Processing Equipment Industry Insights
The food & beverages industry has witnessed a paradigm shift in consumer taste and preference over the past five years. The industry is anticipated to register multi-million growth worldwide. The global oligosaccharides market growth is driven by consumer demands for products that promote health and well-being. Rising awareness of foods with natural formulation has led to the demand for less processed food and drink; manufacturers in oligosaccharides market are persuaded to remove artificial ingredients and food production companies are mandated to make food labelling transparent. Food-based dietary guidelines by global organizations such as WHO and FAO focus on estimating impact of foods on overall health of the consumers. Producers and food manufacturers adopt these guidelines to reduce the adverse effect on various chronic diseases such as diabetes & cancer, cardiac diseases, and obesity. Players in the industry actively adhere to the guidelines in the processing and packaging of the food which has led to healthier products in oligosaccharides industry. Growing awareness towards general fitness along with various programs on promoting athletic lifestyle have led to significant demand for sports nutrition and energy drinks. Stakeholders and governments in different countries focus towards healthier lifestyle to address public health challenges. These trends have fostered the growth of the market. Food processors and packaging industry consider minimizing the environmental impact of the manufacturing processes to attract the consumers and to maximize quality & efficiency in the production of oligosaccharides. Recent researches in nutrition, especially in developing countries, point to interesting trends in terms of taste, color, and flavor and impacted the market dynamics across regions. Smart food labelling that contains essential information on ingredients, including information on whether the product is genetically modified, is gaining traction across manufacturers.
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Recent researches in nutrition, especially in developed and developing countries, suggest interesting trends in terms of taste, color, texture and flavor. These trends have expanded the understanding of consumers and impacted the market dynamics of food manufactures & processing industries across regions. Food producers and processing companies have witnessed significant change in strategies to address evolving consumer landscape in terms of shifts towards healthier lifestyles and changing consumption patterns. Increasing preference for natural formulations with recognizable ingredients have led companies and manufacturers to include the nutrition facts label for various packaged foods; in addition, they have to ensure that the industry processes starting from the sourcing of raw materials to production of end product to have minimal environmental impact.
Recent dietary guidelines drafted by global organizations such as WHO, Dietary Guidelines Advisory Committee (DGAC), and Chinese Nutrition Society have led food producers to cut down on added sugar in food products. Awareness towards health benefits of natural food have led consumers to reduce the intake of processed meat. Worldwide, food’s special interest groups actively create awareness on developing healthy eating habits among the masses and reduce their intakes of oil, salt, and sugar content in foods. Various control processes drafted by government agencies and stakeholders on refinement and raw material sourcing have affected the industry dynamics of food refinery. Several guidelines by FDA have reiterated on the safety of GMO food and ingredients; this has led to the trend of acceptance of genetically engineered ingredients in food, especially in developed nations such as the U.S. Growing popularity of online shopping and the impact of social media interactions have impacted the strategic landscape of food & beverage processing organizations and associations, fostering the growth of the oligosaccharides market. Increased access of consumers to food deals, niche offerings and online shopping have dramatically changed the retail landscape in the food & beverage industry.
The study covers the current and emerging market dynamics in major regions such as the U.S., Europe, North America, and Asia-Pacific with a focus on China. Industry stakeholders in emerging nations such as China & India are proactive in creating a conducive business environment to promote healthy eating habits and lifestyle. Government agencies actively make dietary guidelines to boost public health and prevent chronic diseases such as cancer and diabetes. Growing prominence of online shopping, enhancement in online applications and innovations in deliver chains have altered the competitive landscape of oligosaccharides industry.
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