LONDON, May 17 /PRNewswire/ -- The incidence of obesity has become a worldwide epidemic; the World
Health Organization (WHO) has reported that obesity is the vital factor
behind rising health care costs at a global level. With the wave of obesity
continuing to make headlines, the weight loss ingredients market is expected
to experience substantial growth.
Frost & Sullivan (http://www.food.frost.com) finds that the
Global CLA Markets earned revenues of US$65.4 million in 2006 and estimates
this to reach US$109.9 million in 2013.
If you are interested in a virtual brochure, which provides
manufacturers, end users, and other industry participants with an overview of
the Strategic Analysis of the Global CLA Markets, send an e-mail to Vanessa
Quezada - Corporate Communications at vanessa.quezada@frost.com with your
full name, company name, title, telephone number, e-mail address, city,
state, and country. We will send you the information through email upon
receipt of the above information.
However, incidences such as the ban of ephedra in 2004 have
increased consumer scepticism about the credibility and use of weight loss
ingredients. Currently, the weight loss ingredients market demands
ingredients that are supported by clinical evidence. This need has been
addressed by conjugated linoleic acid (CLA) manufacturers to a very large
extent and the CLA market is characterized by a high level of research and
development (R&D) activities.
In the geographical context, the United States and Europe are
developed markets for CLA, accounting for 85 percent of the revenues.
Meanwhile, Asia is an emerging market, with Japan being the only developed
market for CLA accounting for nearly 75 percent of the volumes consumed in
Asia. However, other countries such as China, Thailand and Korea are
potential markets in Asia.
"The rising incidence of obesity is the key factor driving
growth in the global CLA market," states Frost & Sullivan Research Analyst
Arthi V. "In addition, burgeoning health care costs have stimulated consumer
interest towards preventive medication."
This has augmented the consumption of dietary supplements,
which is further propelling growth in the CLA market. Apart from this,
heightened media coverage on the ill-effects of obesity has increased
consumer awareness and created interest in weight management. Increasing
scientific evidence on the benefits of CLA and growing demand for fortified
foods have encouraged food and beverage manufacturers to incorporate CLA in
their products.
However, the uncertain regulatory scenario is a vital factor
restricting the use of CLA in a number of applications such as food and
beverage, as well as animal feed. In Europe, CLA was introduced before the
European Union's 1997 Novel Foods Regulation. Therefore, CLA did not undergo
any safety approval by the European Commission. This scenario has raised
sceptism regarding its use by the food and beverage manufacturers.
"In the United States, CLA holds a self-affirmed generally
recognized as safe (GRAS) status," remarks Arthi. "While this status has
supported its use in the dietary supplements industry, there are still
uncertainties associated with the use of CLA, which have created ambiguity
among food and beverage manufacturers regarding the use of this ingredient."
Currently, the dietary supplements industry represents 90
percent of the volume consumed in the Global CLA market. Thus, CLA is largely
used as a dietary supplement and potential volumes in the food and beverage,
as well as the animal feed sectors have been restricted. However, these
industries are prospective application areas, which are likely to witness
strong growth rates once legislative issues are resolved. Moreover, by
working in close coordination with legislative organizations and providing a
balanced view on the use of CLA in foods, manufacturers can enhance
credibility and encourage its use by food manufacturers.
Strategic Analysis of the Global CLA Markets is part of the
Food & Beverage Ingredients Subscription, which also includes research in the
following markets: dietary supplements, food and beverage, animal feed. All
research included in subscriptions provide detailed market opportunities and
industry trends that have been evaluated following extensive interviews with
market participants. Interviews with the press are available.
Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative strategies
for more than 40 years. The company's industry expertise integrates growth
consulting, growth partnership services, and corporate management training to
identify and develop opportunities. Frost & Sullivan serves an extensive
clientele that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage that
reflects a unique global perspective and combines ongoing analysis of
markets, technologies, econometrics, and demographics. For more information,
visit www.frost.com
Strategic Analysis of the Global CLA Markets
M09B
www.frost.com
Contact:
Vanessa Quezada
Corporate Communications - Europe & North America
P: +1-210-477-8427
F:+1-210-348-1003
E: vanessa.quezada@frost.com
Donna Jeremiah
Corporate Communications - Southeast Asia
P: +603-6304-5832
F: +603-6201-7402
E: djeremiah@frost.com
Shwetha Thomas
Corporate Communications - South Asia, Middle East
P: +91-22-4001-3429
F: +91-22-2832-4713
E: sthomas@frost.com
Jorgelina Pecina
Corporate Communications - Latin America
P: +54-11-4777-9951
F: +54-11-4777-0071
E: jorgelina.pecina@frost.com
Danielle White
Corporate Communications - China
P: +86-210-247-2403
F: +86-210-348-1003
E: dwhite@frost.com
Sharmin Jassal
Corporate Communications - Australia & New Zealand
P: +61-2-8247-8900
F: +61-2-9252-8066
E: sharmin.jassal@frost.com
Patrick Cairns
Corporate Communications - Africa
P: +27-21-680-3274
F: +27-21-680-3296
E: patrick.cairns@frost.com