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The African canned food market amounted to $82.3B in 2024, picking up by 2.6% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +4.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.7% against 2022 indices.
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The West African canned food market rose slightly to $27.1B in 2024, increasing by 2.8% against the previous year. The total consumption indicated a temperate increase from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.9% against 2022 indices.
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According to Cognitive Market Research, the global Carboxymethylcellulose market size will be USD 1952.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 781.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 585.75 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 449.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 97.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 39.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
The High Purity Grade (99.5%+) is the fastest-growing segment of the Carboxymethylcellulose industry
Market Dynamics of Carboxymethylcellulose Market
Key Drivers for Carboxymethylcellulose Market
Growing Demand for Processed and Convenience Food to Boost Market Growth
Carboxymethylcellulose (CMC) is widely used in the food and beverage industry as a thickening and stabilizing agent in products like dairy, baked goods, and beverages. Its ability to enhance texture and consistency without affecting flavor makes it especially popular in processed foods. In 2022, Canada’s food and beverage processing sector was the largest manufacturing industry by production value, with manufactured goods sales totaling $156.5 billion. This sector represented 18.2% of all manufacturing sales and contributed 1.7% to Canada’s national GDP. Exports of processed food and beverage products reached a record $54.3 billion in 2022—a 14.1% increase from 2021—and accounted for 34.7% of total production value. Over the past five years, exports of processed food and beverages grew at an average annual rate of 9.2%, while imports rose by 6.3% annually, reaching $45 billion in 2022. The trend toward urbanization and fast-paced lifestyles is driving demand for processed and ready-to-eat foods, particularly in emerging economies, where CMC helps extend shelf life and maintain product quality.
Growing Use in Personal Care and Cosmetics to Drive Market Growth
CMC is an essential ingredient in personal care and cosmetic products, where it functions as an emulsifier and thickener in items like lotions, creams, and toothpaste. With the growth of the global beauty and personal care market, the demand for CMC as a stabilizing agent is also rising. Europe, a major market for cosmetics and personal care, was valued at €96 billion in retail sales in 2023. The largest markets within Europe include Germany (€15.9 billion), France (€13.7 billion), Italy (€12.5 billion), the UK (€11.0 billion), Spain (€10.4 billion), and Poland (€5.2 billion). Increasing consumer preference for natural, gentle ingredients has boosted demand for plant-derived ingredients like CMC in skincare and oral care products.
Restraint Factor for the Carboxymethylcellulose Market
Volatile Raw Material Prices and Availability of Alternative Products Will Limit Market Growth
The primary raw material for CMC is cellulose, sourced mainly from wood pulp and cotton. Fluctuations in the prices of these raw materials due to supply chain issues, changing weather conditions, or geopolitical factors can impact the cost of CMC production. Alternative thickening and stabilizing agents, both natural (like guar gum, xanthan gum, and pectin) and synthetic (such as polyvinyl alcohol and methylcellulose), offer similar functions and can be more cost-effective. Guar gum, for instance, is popular in food and pharmaceutical applications and may be preferred in regions where it is more readily available and cheaper. Advances in synthetic polymers have led to products with superior or specialized properties. This growing variety of alternatives can reduce the demand for CMC, especially if alternatives offer better performance at a lower cost.
Impact of Covid-19 on the Carboxy...
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According to Cognitive Market Research, the global Food Packaging Machinery market size is USD 17514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America holds the major market of more than 40% of the global revenue with a market size of USD 7005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounts for a share of over 30% of the global market size of USD 5254.26 million.
Asia Pacific holds the market of around 23% of the global revenue with a market size of USD 4028.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0%from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 875.71 million in 2024. It will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa holds the major markets, accounting for around 2% of the global revenue. The market was USD 350.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
OEM holds the highest Food Packaging Machinery market revenue share in 2024.
Market Dynamics of Food Packaging Machinery Market
Key Drivers for Food Packaging Machinery Market
Demand for Packaging in the Logistics & Transportation and Supply-chain Industry to Increase the Demand Globally
The food packaging machinery market is witnessing a surge in demand driven by the increasing need for packaging in the logistics, transportation, and supply chain sectors globally. With the rising complexity of supply chains and the growing emphasis on efficient transportation, there's a heightened requirement for innovative packaging solutions. These industries rely heavily on robust packaging to ensure product safety, integrity, and compliance with regulatory standards during transit. As such, there's a growing market for advanced packaging machinery that can streamline processes, enhance productivity, and meet the evolving needs of the logistics and supply chain industry. This trend is expected to continue driving growth in the food packaging machinery market, with manufacturers focusing on developing solutions tailored to the unique challenges of these sectors.
Growing Automation and Robotics to Propel Market Growth
The Food Packaging Machinery market is experiencing significant growth driven by increasing automation and robotics adoption. The need for efficiency, precision, and hygiene in food packaging processes primarily fuels this trend. Automation and robotics offer advantages such as higher productivity, reduced labor costs, and enhanced quality control. Additionally, technological advancements have enabled the development of sophisticated packaging solutions to cater to diverse consumer demands. As food manufacturers seek to optimize their production processes and meet stringent regulatory standards, the demand for automated packaging machinery continues to rise. With ongoing innovations in robotics and automation technologies, the Food Packaging Machinery market is expected to witness robust growth in the foreseeable future, catering to the evolving needs of the food industry.
Restraint Factor for the Food Packaging Machinery Market
High Production and Import Cost to Limit the Sales
The Food Packaging Machinery market faces challenges due to high production costs and import expenses, thereby constraining sales growth. Manufacturers encounter substantial expenditure in producing machinery, contributing to elevated product prices. Additionally, importing machinery from overseas markets incurs significant costs, further impacting affordability for consumers. These factors collectively limit the market's sales potential, as businesses may need help maintaining competitive pricing strategies and meeting consumer demand. To mitigate these challenges, industry players may explore strategies such as optimizing production processes, investing in research and development for cost-effective solutions, and seeking localized manufacturing options to reduce import expenses. By addressing these obstacles, the Food Packaging Machinery market can potentially enhance sales performance and improve market competitiveness.
Impact of Covid-19 on the Food Packaging Machinery Market
The Covid-19 pandemic significantly impacted the Food Packaging Machinery market, causing...
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In 2024, the African food manufacture machinery market increased by 27% to $491M for the first time since 2021, thus ending a two-year declining trend. The total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +5.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2024 and is expected to retain growth in the immediate term.
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The African market for malt extract and food preparations of flour, meal, and starches stood at $1.2B in 2024, therefore, remained relatively stable against the previous year. The total consumption indicated a tangible increase from 2012 to 2024: its value increased at an average annual rate of +3.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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The South African market for chocolate and other food preparations containing cocoa rose modestly to $213M in 2024, increasing by 2.9% against the previous year. Overall, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +4.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.2% against 2022 indices.
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The West African market for malt extract and food preparations of flour, meal, and starches was finally on the rise to reach $735M in 2024, after three years of decline. The total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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According to Cognitive Market Research, the global Baobab Powder market size is USD 7615.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 3046.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2284.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1751.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 380.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 152.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
The Organic Baobab Powder held the highest Baobab Powder market revenue share in 2024.
Market Dynamics of Baobab Powder Market
Key Drivers of Baobab Powder Market
Rising Demand for Functional Ingredients to Increase the Demand Globally
The increasing preference of consumers for healthier options in food and drink has led to a surge in the market for functional ingredients. This trend is well-suited for baobab powder, which is well-known for having a strong nutrient profile that includes antioxidants, fiber, vitamins, and minerals. Its abundance of nutrients perfectly combines with consumers' increasing desire for items that have extra health benefits to propel the market. Baobab powder's popularity is predicted to increase as consumers grow health-conscious, solidifying its place in the market for functional ingredients.
Popularity of Natural and Organic Products to Propel Market Growth
The growing customer preference for natural and organic products is driving the baobab powder market. Customers who tend to purchase products that are considered safe and free of artificial additives are eager to purchase baobab powder, especially when it comes to its organic varieties. The fact that people are prepared to pay more for these goods shows how important purity and health are. Baobab powder is a natural and organic choice rich in nutrients and devoid of synthetic elements, so it fits in well with these preferences. The market for baobab powder is expected to increase steadily because to the increasing demand for natural and organic products. This market targets health-conscious consumers who value authenticity and well-being in their food choices.
Restraint Factors Of Baobab Powder Market
Limited Availability and Seasonality to Limit the Sales
The market for baobab powder is confronted with difficulties because baobab fruit is seasonal and scarce, usually gathered in only a few months of the year. Consistent market expansion may be hampered by supply chain limitations and pricing swings brought on by this seasonality. Baobab powder accessibility to consumers may be impacted by manufacturers' and suppliers' inability to maintain consistent pricing and production levels. Techniques like source diversification, storage, and processing methods could lessen these difficulties. Despite these obstacles, creative thinking and market adaptation can assist in mitigating the constraints brought about by seasonality, thereby guaranteeing a more resilient and stable baobab powder market.
Impact of Covid-19 on the Baobab Powder Market
The market for baobab powder has seen conflicting effects from the COVID-19 outbreak. Due to supply chain disruptions and logistical difficulties, production and delivery of immune-boosting products like baobab have been hampered, despite consumer interest in these products having surged due to their high vitamin C content. Demand swings have been caused by lockdowns and economic uncertainty impacting consumer purchasing decisions. Trade restrictions have also influenced the import and export of baobab powder, further complicating the market environment. However, the long-term picture for baobab powder is good, with prospects for market development as consumers continue to prioritize immune-boosting and natural produ...
In the 2024/2025 marketing year, the top consumers of wheat globally were China, India, and the European Union. China consumed about 151 million metric tons of wheat that year. Wheat consumption worldwide is slowly increasing, growing by about eight percent since 2018/2019. Wheat production and trade Not only do they consume the most wheat, but China, the EU, and India are also the leading producers of wheat worldwide. Chine led global production, with about 136.6 million metric tons in 2023/24. Despite being a top producer, China also imports a great deal of wheat. In 2022, China imported about 3.8 billion U.S. dollars’ worth of wheat. Egypt has been one of the leading importer of wheat worldwide for the last several years. Wheat price Prices around the world have risen as of 2022. Many believe that the Russian invasion of Ukraine is to blame for the rising wheat prices and others believe it is the speculation of an impending food crisis that is driving up demand. The price of the most common variety of wheat grown in the U.S., hard red winter wheat, reached an all-time high in May 2022, reaching over 522 dollars per metric ton. Globally, the real household income is expected to decline by about 1.57 percent due to the increased cost of wheat and corn. Some countries will experience a decline of over five percent, showing the real impact that growing prices have on consumers across the world.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The African canned food market amounted to $82.3B in 2024, picking up by 2.6% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +4.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.7% against 2022 indices.