Global Kenaf Seed Oil market size is estimated to be valued over USD 177 million in 2019. In terms of volume, the industry is expected to surpass 33, 000 metric tonnes in 2019 and will register a CAGR of 6.7% to create new market opportunity for industry players. Growth in the segment is largely driven by increasing demand from food, pharmaceutical, and biofuels.

Commercial application of kenaf seed oil is relatively new since very little research has been conducted on the product, thereby limiting its actual market potential. However, in last few years, the demand has surpassingly increased. Kenaf is commercially cultivated in over 20 countries particularly in China, India, Vietnam and Thailand. Kenaf seed is a by-product of the kenaf industry. As per the estimates, Kenaf seed contains 33.1% carbohydrate, 24.93% crude protein, 18.94% fat along with some other constituents. It is considered highly beneficial to human health owing to its antioxidant property. As a result, it is widely getting used as cooking oil, cosmetic ingredient, and lubricants.

Government Support to Enhance the Kenaf Seed Oil Market Demand Worldwide

Kenaf is an industrial crop and lately its usage has increased manifold in last few years. Many government are creating favorable ecosystem for production of kenaf. For instance, Malaysia has allocated 300 hectare of land for production of Kenaf. The move was taken to become market leader in kenaf production in ASEAN countries. These plants do not require any specific conditions and can grow in limited climatic resources – making it cost effective and highly profitable.

Limited Production and Rising Raw Material Prices is a Key Concern for Kenaf Seed Oil Market Players

Only few companies are operational in processing and extraction of kenaf seed oil. The actual extraction is however less compared to the total production capacity. This is mainly due to limited supply of kenaf seed. Higher demand has in turn led to raw material price surge, which is reflected in end-use marketing channel. The Industry is characterized by presence of small and mid size players with majority of them having lower technical specialization. Rising awareness and search for alternative oil products will create higher demand for kenaf seed oil. This will push the right environment for emergence of major players in the segment.

Global Kenaf Seed Oil Market Size Analysis and Industry Opportunity: By Region

Globally, Asia Pacific dominated the Kenaf seed oil market demand. In 2018, the region accounted for 53% of global sales. India and China are major destination. As per the estimates, 11,330 metric tons of kenaf seed oil is consumed in these two countries collectively. The percent share is expected to further increase during the forecast period.

Global Kenaf Seed Oil Market Size and Forecast: Competition Landscape

Some key Kenaf Seed Oil market players are:

• Kenaf Development Association of Nigeria
• Shree Laxminaryan Oils
• Parchem Fine & Specialty Chemicals Inc.
• National Kenaf and Tobacco Board
• Gincoc Limited
• Thar Process
• Pepagora

Research Scope:

By Product Type:

• Organic
• Conventional

By End-use Industry:

• Cosmetics
• Lubricants
• Biofuel
• Nutraceuticals
• Others

What Will You Discover in the Report?

• An in-depth analysis of the Kenaf Seed Oil market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
• How the Kenaf Seed Oil market sales is expected to grow throughout the forecast period.
• How geopolitical policies and technological changes will affect the Kenaf Seed Oil market in near future
• Where the stakeholders should invest to generate higher profit margins
• How consumers (end-users) will reflect to the Kenaf Seed Oil industry during the forecast period
• Who are the Kenaf Seed Oil industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

• Kenaf Seed Oil Industry Suppliers
• Kenaf Seed Oil Industry Manufacturers
• Consultants and Analysts
• Researchers

Analyst access with Bekryl Market Analysts

Purchasing of Kenaf Seed Oil market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Vegetable seeds market size has grown substantially in last five years. In 2019, the industry is estimated to be valued over US$ 7.4 billion in 2019. This accounts to 10.8% of total seeds market revenue. In 2018, 1.2 billion metric tonnes of vegetable was consumed worldwide. By 2028, vegetable consumption is expected to increase by 34%, owing to increase in population and rising per capita income in developing regions. In another ten years, the industry will gradually shift to consolidation since the demand for hybrid seeds has increased over traditional seeds. Shift in market structure is primarily attributed to limited arable land and rising consumers. Hybrid seeds is necessary to support the human ecology. As such, leading companies will be able to expand its business reach and generate higher revenue during the forecast period.

While there exists huge revenue potential, global vegetable seeds market dominance is expected to be threatened by China based competitors, who are gradually shifting up on value chain. Mergers acquisition and partner with regional distribution channels is another major trend that will shape the industry in another ten years.

Leading Export Markets: North America and Western Europe Accounted for 71% of Total Vegetable Seed Export

Western Europe and North America accounted for 71% of total exported vegetable seeds in 2018. Netherlands accounted for 41% of the total exports in 2018. This corresponds to marginal decline in percent share as compared to that in 2013. Italy and U.S. stands next to Netherlands in terms of exports. While China and India are leading consumer of these seeds, majority of the seeds produced is consumed with marginal fraction exported worldwide. Africa, though accounted for marginal share, is emerging as preferred export destination. Cheap human resource and vast land availability has created favorable ecosystem for vegetable seeds to flourish. The region will witness further increase in share during the forecast period.

Digitization to Play Key Role in Sales of Vegetable Seeds Worldwide

Companies are shifting from traditional trial processes to a concrete data analytics based agri-support. Digitization, a integrated solution based on mathematics, data, genetics, breeding and agronomy, helps end-user to enhance crop performance by offering best possible solution. Data driven solutions is a part of R&D that helps company understand the pertaining issues and thereby offer optimize solutions. Companies have increased R&D spending as a measure to boost digital drive. This is expected to directly drive the vegetable seeds market growth worldwide.

• In 2018, BASF invested US$ 760.9 million in agricultural solutions R&D. This is 11% of total agricultural division sales. The company invested in plant breeding and seed traits research. The research team total capacity has increased to 1,600 employees at 17 locations worldwide post Bayer acquisition.
• In 2016, Bayer announced its plan to invest US$ 224 million in digital farming by 2020. The company aims to develop data infrastructure so as to give agriculture based recommendations to farmers. This will help farmers to take smarter decisions and optimize crop yield.
• Syngenta conducts vegetable seed research at various locations of U.S. including California, Naples, Woodland and Gilroy, Washington, Pasco, Plainfield, Wisconsin, New York, Minnesota, and Florida. The company invests around US$ 1.3 billion on R&D each year.

Focus on Emerging Economies to Boost Vegetable Seeds Market Sales

Globally, Asia Pacific dominated in vegetable production in 2018. China and India collectively accounted for 728 million metric tons of vegetable production. China produced 15X higher vegetables than U.S. – third major destination for vegetable production. While China and India dominated the global vegetable production, much of the seeds are procured through traditional means. There exists a huge market opportunity for players engaged in vegetable seeds value chain. Changing agriculture landscape and increasing population will demand seeds of superior quality. Major companies have sensed the demand and are working to capitalize the unstructured market. Besides Asia Pacific, industry players are also focusing on Latin America and Africa region.

• In 2018, Syngenta registered 6% sales growth of seed business in South Asia. The company is strengthening its presence in Asia to cater to growing demand in the region. While the company is fairly doing good in the region, it witnessed a series of challenges in the region. Low vegetable prices and competition from regional vendors is a major challenge to company seed business growth. The company, however, witnessed strong sales growth in Latin America owing to rise in vegetable production in Brazil and Mexico. In 2018, Syngenta acquired the global seed business of Nidera from Nidera B.V. Acquisition is expected to strengthen company presence in Latin America vegetable seeds market.
• In May 2019, Bayer announced its plan to build Latin America largest seed factory in Chile. Factory will help Bayer to lower the operational cost and capture a major chunk of untapped Latin America market.

Global Vegetable Seeds Market Size Analysis and Industry Opportunity: By Region

Globally, Asia Pacific vegetable seeds market dominated the global share where China and India are the major players in the region. The region accounted for 59% of global share in 2018. Growth in the region is attributed to large population base, higher adoption of hybrid seeds and digitization to improve agricultural yield. China and India are registering double digit growth and will continue to maintain the momentum throughout the forecast period. Agrarian culture and varied regional climate are also another factor driving the sales of vegetable seeds in the region.

Western Europe vegetable seeds market stands next to Asia Pacific with 28% share. Over 6,500 seed companies are operational in the region with majority of them having small scale business operations. Latin America and Africa accounts a meagre share, however, are expected to register significant growth over the next ten years.

Global Vegetable Seeds Market Size and Forecast: Competition Landscape

Some key Vegetable Seeds market players are:

• BASF SE
• Bayer CropScience Ltd.
• Dow AgroSciences
• National Seeds Corporation Limited
• Rasi Seeds (P) Ltd.
• Nirmal Seeds Pvt. Ltd.
• Kaveri Seed Co. Ltd.
• Syngenta AG

Research Scope:

By Product Type:

• Cabbage
• Lettuce
• Melon
• Eggplant
• Chinese Cabbage
• Onion
• Tomato
• Watermelon
• Sweet Pepper
• Carrot
• Hot Pepper
• Sweet Corn

By Seed Type:

• Organic
• Conventional

By Distribution Pattern:

• On Trade
• Off-trade
  • Supermarkets
  • Convenience Stores
  • Retailors
  • Farmer Associations
  • General Stores
  • Others

By Seed Treatment:

• Treated
• Untreated

What Will You Discover in the Report?

• An in-depth analysis of the Vegetable Seeds market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
• How the Vegetable Seeds market sales is expected to grow throughout the forecast period.
• How geopolitical policies and technological changes will affect the Vegetable Seeds market in near future
• Where the stakeholders should invest to generate higher profit margins
• How consumers (end-users) will reflect to the Vegetable Seeds industry during the forecast period
• Who are the Vegetable Seeds industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

• Vegetable Seeds Industry Suppliers
• Vegetable Seeds Industry Manufacturers
• Consultants and Analysts
• Researchers

Analyst access with Bekryl Market Analysts

Purchasing of Vegetable Seeds market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Apple juice market size is estimated to be valued over US$ 13,932 million in 2019 and will register a CAGR of 2.3% to create high market opportunity for players. The average annual per capita consumption stands at 0.7 L in 2019. Majority of the consumption is concentrated to developed regions and South Asia. Rising health awareness is one of the key factor boosting the apple juice sales worldwide. Apple concentrate has numerous health benefits that makes it popular among consumers. It controls cholesterol, weight gain and lower the risk of diabetes.

The industry is characterized by the presence of large number of small scale players operating locally. Lower operational cost and higher shelf life has created favorable ecosystem for new entrants too. However, the market has become hyper-competitive since last decade.

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Key Trends and Factors Impacting the Global Apple Juice Market

• Product innovation is a major trend witnessed in the apple juice concentrate market. For instance, in March 2019, Coca-Cola India announced to launch Minute Maid Apple Sparkle with 25 per cent apple juice content. The move is seen as company strategy to strengthen its market share in India, which is registering double digit growth rate. Coca-Cola has also invested in Africa apple juice in 2014.
• Organic apple juice will register fastest growth during the forecast period. Organic apple are considered to be highly nutritious with less sugar and more nutrients. These also includes not-from-concentrate. Such minimally processed fruit resembles to fresh juice. It delivers consumers to experience natural flavor. While organic apple juice is increasingly getting popular, higher cost along with lower awareness has impacted the total addressable potential. In such cases, companies prefer using alternative channels to lower the operational cost and reach wider mass. In 2016, The Kraft Heinz Company launched Capri Sun Organic. The brand has 66 percent fruit juice with no artificial colors.
• Personalization is the new trend in the industry. Consumers, these days, prefers checking ingredients before purchasing the product. This is mainly attributed to the fact that health and wellness is not confined to a particular age group or demographics and varies based on the lifestyle. As a result, the product composition also needs to be altered based on individual demand. This has paved way for personalized juices and juice fortification. The trend is likely to be a major factor in product sales in coming years.
• In-House consumption of apple juice accounts for 86% of total sales.
• While apple juice will continue to register significant growth, consumers are inclining towards ‘superfruit mixes’ incorporating tropical fruits, berries and coconut. This could be a challenge for standalone product flourishing in the market. However, the impact is likely to be minimal.

Global Apple Juice Market Size Analysis and Industry Opportunity: By Region

Globally, North America apple juice market was valued over US$ 5,719 million in 2018. The region is second largest producer of apples. It imports large number of apples from China and other countries to meet internal demand.

Western Europe stands next to North America. Germany is the lucrative market in the region. As per the estimates, Germany accounted for 41% of Western Europe apple juice market in 2018. Germany accounts for highest per capita consumption of apple juice worldwide in 2018. The trend is likely to continue throughout the forecast period.

In Asia Pacific, China accounted for the highest share. The country is not only the leading consumer of apple juice in the region, but also one of the largest exporter worldwide. Over 610 thousand tonnes of apple juice is produced in China each year.

Global Apple Juice Market Size and Forecast: Competition Landscape

Some key Apple Juice market players are:

• The Kraft Heinz Company
• The Coca- Cola Company
• Del Monte Food, Inc.
• Tree Top Inc.
• White House Company
• Britvic Plc
• Solana Gold Organics
• Parle Agro Pvt Ltd
• Manzana Products Co.
• Eden Foods Inc.

Research Scope:

By Product Type:

• Organic
• Conventional

By Distribution Pattern:

• On Trade
• Off-trade
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Retailors
  • General Stores
  • Others

What Will You Discover in the Report?

• An in-depth analysis of the Apple Juice market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
• How the Apple Juice market sales is expected to grow throughout the forecast period.
• How geopolitical policies and technological changes will affect the Apple Juice market in near future
• Where the stakeholders should invest to generate higher profit margins
• How consumers (end-users) will reflect to the Apple Juice industry during the forecast period
• Who are the Apple Juice industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

• Apple Juice Industry Suppliers
• Apple Juice Industry Manufacturers
• Consultants and Analysts
• Researchers

Analyst access with Bekryl Market Analysts

Purchasing of Apple Juice market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Jujube is commonly known as red date and belongs to Ziziphus family. It is native to many Asian counties and could be easily seen in tropical climate. It is widely popular in Indian subcontinent. Jujube is considered to be highly beneficial in digestive aids and has been in usage since long back. Jujube extracts market is growing owing to its traditional usage as medicine to treat sleep disorders and depression. It contains high Vitamin C content and acts to curb cancer and other deadly disease owing to its antioxidant properties.

Cultivation of jujube is growing owing to increase demand in Europe and North America. As a result, the import has increased in these regions. As of 2018, the industry is fragmented with presence of small scale players. Over 73% of companies operational in the segment has revenue less than US$ 1 Million.

GLOBAL JUJUBE EXTRACTS MARKET IS CONSOLIDATED WITH TOP 7 PLAYER ACCOUNTING FOR 58% OF TOTAL REVENUE SHARE

Popularity of Jujube Extracts is specially concentrated to Middle East and Eastern Europe countries. As such, majority of the production centers are geographically concentrated in these regions. These regions are not only the leading producers but also leading exporters of Jujube Extracts worldwide.

As of 2018, top seven players accounted for 58% of total share in 2018. While the leading players dominates the market, there exists large number of contractual players that either operates independent or as subsidiaries to larger companies.

TASTE PREFERENCE FOR SOFT CHEESE ALONG WITH NUTRITIONAL CONTENT TO ACT AS A MAJOR CATALYST FOR GROWTH OF JUJUBE EXTRACTS MARKET

Jujube Extracts is largely seen as refreshment in Middle East and Eastern Europe countries. The sales is predominantly higher in summer climate. The product is soft and is a good source of proteins and vitamins. As such, it is largely served as a part of meal in these regions. The sales will increase further with launch of various value added products during the forecast period.

Rising disposable income and demand for premium products will also act as catalytic force to sales of Jujube Extracts worldwide.

GLOBAL JUJUBE EXTRACTS MARKET REVENUE ANALYSIS, BY TYPE

Globally, conventional Jujube Extracts will dominate the market. Lower product prices and faster production are key factors driving the sales. Conventional product dominance is largely due to supply side push. However, consumers are getting inclined towards organic food citing health concerns. As such, the companies are slowly shifting towards organic production. This also brings a large pool of opportunity to new entrants. Many small scale players are expected to emerge on low scale local production.

In 2018, conventional cheese accounted for 97.9% of total production. Organic Jujube Extracts production is expected to register 14.7% growth – thereby gaining a some portions of the market by 2028.

GLOBAL JUJUBE EXTRACTS MARKET REVENUE ANALYSIS, BY DISTRIBUTION CHANNEL

Manufacturers supply their products either directly to consumers through their own outlets or through supermarkets and other modes. In 2018, hypermarkets and supermarkets accounted for 59% of total sales. Presence of well-established network and higher influx of consumers in supermarkets are key regions for sales through such medium. Conventional stores and independent stores stands next to supermarkets.

North America Jujube Extracts Market Size:

Jujube Extracts is not that popular in the region. The region accounted for just 11% of total sales in 2017. This is significantly low comparing the sheer size of population and region popularity of being one of the highest cheese consumers in the world. Consumers are still unaware of Jujube Extracts in the region.

Few companies are betting high on Jujube Extracts owing to its higher melting point and perfect source for grilling and frying. This has led its popularity among snacks in the region. While the region accounted for a very meagre share in 2017, it will register 570 basis points to create very high revenue opportunity for players. Import is expected to touch a new record by 2028. It is expected that import will increase by 1.6X in the region during the forecast period.

Global Jujube Extracts Market Size and Forecast: Competition Landscape

The industry is bit consolidated with most of the players privately trading. Majority of them are family run business. Uhrenholt A/S, Zita Dairies Ltd, Uhrenholt A/S, Pittas Dairy Industries Ltd, and Petrou Bros Dairy Products dominated the global share. Majority of the players are headquartered in MEA and Eastern Europe.

Companies are focusing on strengthening their distribution reach to ensure long term sustainable growth. The competition in the market is expected to heighten owing to increasing demand in North America and Europe. Pricing and distribution reach will play a decisive role in future potential growth. As such, marketing spending and increase in workforce management are key trends that is likely to shape the global Jujube Extracts market in near future.

Some key Jujube Extracts market players are:

• Galaktokomio A.D.S Dafni Ltd,
• Charalambides Christis Ltd,
• Uhrenholt A/S,
• Nordex Food A / S,
• Achnagal Dairies Industry,
• Akgöl Dairy,
• Petrou Bros Dairy Products,
• CowBoy Farm Ltd,
• Zita Dairies Ltd,
• Hadjipieris Ltd,
• Olympus Cheese, Pittas Dairy Industries Ltd,
• Arla Foods Amba,
• Almarai, Sussex High Weald Dairy Ltd,
• Food and Packing Industries Ltd,
• Lefkonitziatis Dairy Products Ltd,
• Pandelyssi,
• Lemnos Foods Heineken UK Limited
• Pathos Continental Foods

Research Scope:

By Flavor:

• Regular
• Flavor
  • Mint
  • Chili
  • Basil
  • Others

By Product Type:

• Organic
• Conventional

By Distribution Pattern:

• On Trade
• Off-trade
  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Retailors
  • General Stores
  • Others

What Will You Discover in the Report?

• An in-depth analysis of the Jujube Extracts market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
• How the Jujube Extracts market sales is expected to grow throughout the forecast period.
• How geopolitical policies and technological changes will affect the Jujube Extracts market in near future
• Where the stakeholders should invest to generate higher profit margins
• How consumers (end-users) will reflect to the Jujube Extracts industry during the forecast period
• Who are the Jujube Extracts industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

• Jujube Extracts Industry Suppliers
• Jujube Extracts Industry Manufacturers
• Consultants and Analysts
• Researchers

Analyst access with Bekryl Market Analysts

Purchasing of Jujube Extracts market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.