The number of people around the world who can't digest lactose, a sugar found in milk, has been going up. When someone is lactose intolerant, it means their body doesn't have enough of the enzyme called lactase in the small intestine. This enzyme is important because it helps break down lactose into simpler sugars. If lactose isn't properly broken down, it can cause problems like bloating, stomach pain, diarrhea, tiredness, sleep issues, vomiting, and other health troubles.
Lactose intolerance can show up as an allergy to dairy products, a lack of disaccharides, or a deficiency in lactase. The rates of lactose intolerance can differ depending on a person's ethnicity. For example, African, American, and Asian ethnicities have a higher rate of 75% to 95% lactose intolerance, while northern Europeans have a lower rate at 18% to 26%.
Because of the widespread issue of lactose intolerance, many people are choosing alternatives to regular milk and dairy products. This has resulted in a higher demand for plant-based milk and its products.
Looking at the comparison table above, you can see the differences in nutrients between cow's milk, soy milk, and oat milk. Even though soy and oat milk are plant-based, they have a similar number of calories as cow's milk. However, cow's milk has much more sugar. The protein content in soy and cow's milk is about the same, but oat milk has the least amount of protein. Oat milk has a good number of calories but with low saturated fat and sugar. So, plant-based milk turns out to be rich in nutrients and a good option for those who can't have dairy milk.
As more people become aware of these alternatives and their benefits, the popularity and sales of plant-based milk and its derivatives are expected to keep growing. This not only addresses the needs of lactose intolerant individuals but also caters to a broader audience seeking healthier and varied dietary options.
Report Attribute/Metric | Details |
---|---|
Market Opportunities | Expansion of product offerings through innovation and research and development |
Market Dynamics | Increasing awareness about food waste reduction and the environmental impact of food production Rising demand for natural and organic products |
Global Upcycled Ingredients Market Overview
Upcycled Ingredients Market Size was valued at USD 258.30 million in 2021. The Upcycled Ingredients industry is projected to grow from USD 273.53 million in 2022 to USD 402.63 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.9% during the forecast period (2022 - 2030). Increasing awareness about food waste reduction and the environmental impact of food production and rising demand for natural and organic products are anticipated to act as significant factors for the rising growth of the Upcycled Ingredients market during the forecast period.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Upcycled Ingredients Market Trends
Increasing awareness about food waste reduction and the environmental impact of food production
The Upcycled Ingredients Market is a growing industry that is gaining traction due to the increasing awareness about food waste reduction and the environmental impact of food production. Food waste is a significant problem globally, and it has been estimated that about one-third of all food produced is lost or wasted each year. This has significant environmental impacts, including contributing to greenhouse gas emissions, deforestation, and depletion of natural resources such as water and land. For example, the Food and Agriculture Organization (FAO) of the United Nations estimates that food waste is equivalent to 1.3 billion tonnes, which is equivalent to the 6% emissions of the entire transportation sector globally.
One way to reduce food waste and minimize the environmental impact of food production is through upcycling. Upcycling is the process of turning food byproducts and waste into new products for consumption. For instance, juice pulp that would typically be discarded can be upcycled into fiber-rich food products like crackers or used as a natural food coloring. Another example is using discarded fruit and vegetable scraps to create nutrient-dense broths or soups. The upcycled ingredients market is gaining momentum as consumers and companies become more aware of the benefits of reducing food waste. Additionally, food waste startups such as Imperfect Foods and Misfits Market have gained significant attention in recent years by offering discounted "ugly" produce to consumers.
Increasing awareness about food waste reduction and the environmental impact of food production is essential for the growth of the upcycled ingredients market. This includes educating consumers on the importance of reducing food waste, as well as promoting sustainable production practices in the food industry. One way to increase awareness is through marketing campaigns and educational initiatives. Food companies can showcase their commitment to sustainability by promoting their use of upcycled ingredients and highlighting the environmental benefits. Educating consumers on the importance of reducing food waste can also be done through social media, events, and partnerships with environmental organizations.
Upcycled Ingredients Market Segment Insights
Upcycled Ingredients Ingredient Type Insights
The Upcycled Ingredients Market segmentation, based on ingredient type, includes upcycled starch, upcycled proteins / powder, upcycled flour, upcycled dietary fiber, upcycled ethanol, upcycled oils, upcycled vitamins, upcycled electrolytes, upcycled antioxidants, and upcycled minerals. The upcycled starch segment held the majority share in 2021 contribution to 25.59% in respect to the Upcycled Ingredients Market revenue. Upcycled starch is a commonly used ingredient in the food industry, sourced from potato peelings, cassava peels, and other starchy by-products. Upcycled starch has a wide range of applications, including as a thickening agent, gelling agent, and stabilizer in a variety of food products, such as baked goods, sauces, and soups. In addition, it is utilized to make bioplastics and biofuels.
Figure 1: Upcycled Ingredients Market, by Ingredient Type, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Revie
Upcycled Ingredients Source Insights
The Upcycled Ingredients Market segmentation, based on source, includes plant-based, animal-based, and others. The Plant-based segment accounted for a higher market share of 75.98% in 2021, and also expected to witness the highest CAGR of 6.09%. This is due to the plant-based segment of the global upcycled ingredient market including ingredients derived from various plant parts such as seeds, peels, flowers, fruits, and grains. Upcycling involves transforming byproducts, waste, or excess materials into valuable resources. In the food industry, upcycled ingredients provide a sustainable solution for reducing waste and improving resource efficiency. Plant-based upcycled ingredients are used in various food and beverage applications such as bakery, confectionery, snacks, and beverages.
Figure 2: Upcycled Ingredients Market, by Source, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Upcycled Ingredients End Use Insights
Based on end use, the global upcycled ingredients industry has been segmented into food & beverages, cosmetics & personal care, nutraceuticals, and animal feed and pet food. Food & Beverages held the largest segment share in 2021 at 65.24%. Upcycled ingredients are being used in a variety of food and beverage products. For example, ReGrained is a company that uses upcycled grain from the beer brewing process to create snack bars. The bars are marketed as a sustainable and nutritious snack option, and the company estimates that they have saved over 1 million pounds of grain from going to waste. Another example is the use of upcycled fruit and vegetable pulp in juice and smoothie products. Companies like Misfit Juicery and Renewal Mill are using pulp that would normally be discarded to create nutritious and flavorful drinks.
The fastest growing segment in the upcycled ingredients industry is animal feed and pet food at a CAGR of 5.35% during the assessed timeline. Upcycled ingredients are being used in a variety of animal feed and pet food products. For example, Shameless Pets is a company that uses upcycled ingredients like salmon skins and sweet potato peels to create dog treats. The treats are marketed as a sustainable and healthy alternative to traditional dog treats. Another example is the use of upcycled grains in livestock feed.
Figure 3: Upcycled Ingredients Market, by Application, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Upcycled Ingredients Regional Insights
By Region, the study segments the market into North America, Europe, Asia-Pacific and Rest of the World. North America upcycled ingredients market accounts for the largest market share USD 135 million in 2021 and is expected to exhibit a 5.43% CAGR due to the increasing demand for sustainable and environmentally friendly products. The country has a well-established food industry and a high level of awareness about sustainable practices, which has boosted the demand for upcycled ingredients. Additionally, the increasing adoption of upcycling in various industries, including food and beverage, cosmetics, and personal care, is expected to drive the growth of the market in North America. Further, the U.S. upcycled ingredients market held the largest market share, and the Canada upcycled ingredients market was the fastest-growing market in the North America region.
Further, the major countries studied are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, New Zealand, South Korea, and Brazil.
Figure 3: UPCYCLED INGREDIENTS MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe upcycled ingredients market accounts for the second-largest market share driven by an increasing demand for organic and natural products. The region is also home to several key players in the upcycled ingredient market, such as Upcycle, RISE, and Nutravita, among others. Further, the Germany upcycled ingredients market held the largest market share, and the France Upcycled ingredients market was the fastest-growing market in the European region
The Asia-Pacific upcycled ingredients market is expected to grow at a CAGR of 7.33% from 2022 to 2030. The market is driven by the high population density and the increasing adoption of upcycling in various industries, including food and beverage, cosmetics, and personal care. Moreover, China upcycled ingredients market held the largest market share, and the India upcycled ingredients market was the fastest-growing market in the Asia-Pacific region.
For instance, India upcycled ingredients market is the favored destination for market players due to the popularity of Upcycled Ingredients greatly growing. The rising acceptance of Upcycled Ingredients is attributed to driving the expansion of this sector. Another element boosting market expansion is the market is highly fragmented, with several startups and established players competing for market share. The increasing investment in research and development activities and the favorable regulatory environment are expected to drive the growth of the upcycled ingredient market in the Asia-Pacific region. Hence, Asia Pacific is expected to develop at the fastest rate between 2022 - 2030.
Upcycled Ingredients Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Upcycled Ingredients market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the upcycled ingredients industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the global upcycled ingredients industry to benefit clients and expand the upcycled ingredients market sector is to manufacture locally to reduce operating costs.
Key Companies in the Upcycled Ingredients market includes
Rise
ReGrained
Comet Bio
Outcast
Netzro
Kaffe Bueno
Greentech
American River AG
Upcycled Ingredients Industry Developments
February 2023: Caldic's partnership with a Danish firm "Reduced" extremely competitive upcycled food ingredients. They have teamed together to create ingredients that decrease food waste while opening the door for further process technology advancement and creativity in the upcycling of waste products from the food sector.
October 2022: Five new ingredients are added to the ingredient portfolio of Upcycled Foods Inc., accelerating the development of nutrient-dense and environmentally friendly products. These ingredients include Upcycled Arabica Coffee Leaf, Upcycled Cacao Fruit Syrup, SuperGrain+ Sourdough System, Upcycled Protein Crisp, and SuperGrain+ Multigrain Flakes.
March 2022: The Upcycled Food Association granted the Upcycled Ingredient Certified standard to SunOpta, a large manufacturer of recycled ingredients, for the product OatGold.
January 2022: ReGrained and Purotos collaborated to provide an upcycled solution for the industrial baking sector.
Upcycled Ingredients Market Segmentation
Upcycled Ingredients Ingredient Type Outlook
Upcycled Starch
Upcycled Proteins / Powder
Upcycled Flour
Upcycled Dietary Fiber
Upcycled Ethanol
Upcycled Oils
Upcycled Vitamins
Upcycled Electrolytes
Upcycled Antioxidants
Upcycled Minerals
Upcycled Ingredients Source Outlook
Plant-based
Seeds
Peels
Flowers
Fruits
Grains
Animal-based
Egg Shells
Animal Bones
Others
Upcycled Ingredients End Use Outlook
Food and Beverages
Cosmetics and personal care
Nutraceuticals
Animal Feed and Pet Food
Upcycled Ingredients Regional Outlook
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
South America
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