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Nigeria Phytase Added Cereal And Legumefood Products Market Size By Product (Bakery Products, Ready-to-eat), By Type (Non-GMO, GMO), And Forecast


Published on: 2024-08-14 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Nigeria Phytase Added Cereal And Legumefood Products Market Size By Product (Bakery Products, Ready-to-eat), By Type (Non-GMO, GMO), And Forecast

Nigeria Phytase Added Cereal and Legumefood Products Market Size And Forecast

Nigeria Phytase Added Cereal and Legumefood Products Market size was valued at USD 1114.50 Thousand in 2021 and is projected to reach USD 3087.64 Thousand by 2030, growing at a CAGR of 11.27% from 2023 to 2030.

The rising nutritional prominence of phytase is where the phytase forms a release system and exhibits nutritional storage. Moreover, phytase has an anti-nutritional effect on matrix values. Prominent growth and sustainable development in transgenic phytase and solubilization show future opportunities. The Nigeria Phytase Added Cereal and Legumefood Products Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Market Definition – Nigeria Phytase Added Cereal and Legumefood Products Market

Cereals and legumes are significant seed-gathering plants from 2 separate plant families. Due to their widespread consumption and strong demand for their nutritional value, they are the two most significant staple foods. Legumes have fewer carbohydrates and are richer in essential amino acids and proteins. On the other hand, due to their high carbohydrate content (starchy grains), cereals are harvested. Cereals are the primary source of energy and are grown in larger numbers globally than other plant species, such as legumes.

The principal source of phosphorus (P) in plants is phytic acid, which accounts for around 80% of the phosphorus in cereal seeds. However, it is widely recognized that it possesses anti-nutritional behavior. Because it chelates divalent ions have a high degree of affinities, such as magnesium and calcium, and especially zinc and iron. Therefore, it is a very low dietary source of phosphorus. The hydrolysis of phytic acid by an enzyme called phytase is known to increase the bioavailability of micronutrients. Unfortunately, monogastric animals and humans cannot make phytases in their stomachs. As a result, the lack of vital micronutrients in most of cereal diets has led to serious concerns about the presence of phytic acid in cereal diets.

Diets for the elderly must include nutrient-dense meals, be tailored to their physiological and safety needs, and reflect their cultural food preferences. Regardless of their cultures and beliefs, cereals and legume products are recommended as food choices. Suitable macronutrient patterns from legumes and cereals were used to develop ready-to-eat products. The formulation’s parameters included energy distributions from protein (15 kcal/100 kcal), carbohydrates (60 kcal/100 kcal), fat (25 kcal/100 kcal), protein quality, and the percentage of energy from saturated fatty acids and free sugar. Rice flour, brown rice flour, and mung bean starch were used as sources of carbohydrates; in vitro experiments revealed that the carbohydrate in rice flour was the most easily digestible. Soybean flour, black sesame seed, and rice bran oil were used as sources of protein and lipids.

Market Overview – Nigeria Phytase Added Cereal and Legumefood Products Market

The rising nutritional prominence of phytase is where the phytase forms a release system and exhibits nutritional storage. Moreover, phytase has an anti-nutritional effect on for matrix values. Prominent growth and sustainable development in transgenic phytase and solubilization show future opportunities.

Phytate, also known as phytin salt, is stored in the intestine in the form of phosphate, inositol, and bound micronutrients. Phytate is produced during the ripening of cereal seeds and plays an important role in the composition of foods derived from cereals. Depending on the number of different grain foods in the diet and the degree of food processing, the daily intake of phytate can be high, i.e. 4500 mg. The researchers reported that the daily intake of phytate was estimated to be 2000–2600 mg for vegetarian diets and other residents of rural areas in developing countries, and 150–1400 mg for mixed diets. Phytate is active over a wide pH range due to the presence of highly negatively charged ions on the six phosphate groups and exhibits a very strong affinity for food components such as minerals, proteins, and other trace elements. This interaction not only has nutritional consequences but also affects the yield and quality of food components such as starch and protein.

The presence of phytate in human food mainly affects the intake of mineral ions and their absorption in the body. As a result, at physiological pH, an undigested phytate complex is formed, which is the main reason for the poor bioavailability of minerals. In addition, the small intestine of humans is unable to hydrolyze phytate due to insufficient phytase activity and a limited microbial population in the digestive tract

Phytic acid is synthesized from myo-inositol by a series of phosphorylation steps; therefore, it consists of an inositol ring with six phosphate ester linkages. Phytic acid is the primary phosphate storage compound in seeds, typically accounting for 50–80% of the total phosphate content of plant seeds. It helps effectively control germination, allowing for increased P-phytase release from leguminous phytase digestion after germination. Phytate P is poorly available for cereals and legumes and due to its anti-nutritional effect, it can reduce the abilities of other nutrients and the performance of such plants.

Segmentation Analysis –

The Nigeria Phytase Added Cereal And Legumefood Products Market is segmented based on Product and Type.

Nigeria Phytase Added Cereal And Legumefood Products Market, By Product

• Bakery Products• Ready-to-eat• Others

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Bakery Products accounted for the largest market share of 42.28% in 2021, with a market value of USD 471.17 Thousand and is projected to grow at the highest CAGR of 11.39% during the forecast period.

Bakery products hold the largest market share owing to the excellent use in the fermentation process of the bakery products while improving the product quality, which is expected to dominate the market. Furthermore, improving the product quality of bread, etc. by having an important effect in the stage of processing of the product is expected to lead the market growth.

Nigeria Phytase Added Cereal and Legumefood Products Market, By Type

• Non-GMO• GMO

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Non-GMO accounted for the largest market share of 89.97% in 2021, with a market value of USD 1,002.72 Thousand and is projected to grow at the highest CAGR of 11.27% during the forecast period.

Consumers, especially vegans and vegetarians, have a positive opinion of the nutritional profile and environmental impact of non-GMO foods since they are seen as being eco-friendly and natural. As a result, there is an increase in demand for food items produced using non-GMO seeds. The growing number of consumers who are inclined to purchase sustainable food is encouraging well-known food firms to seek certification for sustainability and non-GMO components in order to increase their customer base

Competitive Landscape –

 The competitive landscape section includes the competitive analysis of key players and the overall market across Nigeria State. The competitive landscape section includes the competitive analysis of key players and the overall market across Nigeria. It provides competitive insights with competitive scenario, company ranking analysis, and company industry footprints at the service level. The Nigeria phytase for cereal and legume food products market is highly fragmented, with many players in the Market. Some of the significant companies include BASF, DSM, DuPont, Huvepharma, Nutrex, Qingdao Vland Biotech Inc., Adisseo, AB Vista, Kemin Industries, among others

Key Developments

• BASF – New Product Launch – The next-generation phytase, Natuphos E, was launched by BASF. Natuphos E helps animals better utilize crucial nutrients, making livestock feed more affordable and environmentally friendly..

• DSM – New Product Launch – HiPhorius, a new generation phytase, was launched by DSM. A comprehensive phytase solution called HiPhorius was created to assist chicken farmers in achieving lucrative and sustainable protein output.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Thousand)

KEY COMPANIES PROFILED

BASF, DSM, DuPont, Huvepharma, Nutrex, Qingdao Vland Biotech Inc., Adisseo, AB Vista, Kemin Industries, among others

SEGMENTS COVERED

Product and Type.

CUSTOMIZATION SCOPE

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Nigeria Phytase Added Cereal and Legumefood Products Market Infographic

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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