“The European Food Safety Authority (EFSA) considers that the risk of allergic reaction to fermented soybean extract is similar to that associated with other soy-derived products which are to be labeled pursuant to Annex II to Regulation (EU) No 1169/2011 of the European Parliament and of the Council ( 3 ). Therefore, the novel food ingredient should be labeled in accordance with Article 8 of Regulation (EC) No 258/97 and Regulation (EU) No 1169/2011.”
The article cited AMA's "Global Natto Extract Market Study" explored CAGR of 20.3%. According to the report, Rising Popularity of Natto Extract in Adult for Prolonged Lifespan and Anti-Aging is one of the primary growth factors for the market. Emerging Lifestyle-Related Diseases Among The Individual
is also expected to contribute significantly to the Natto Extract market. Overall, Food and Nutrition
applications of Natto Extract, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Form, such as Powder, is boosting the Natto Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Natto, such as Salted, is boosting the Natto Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sales Channel, such as Online, is boosting the Natto Extract market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Natto Extract market identified that the demand is rising in many different parts of the world as "Wide range of Natto Extract products Leads Growth in Distribution Markets B2B and B2C". Furthermore, some recent industry insights like "In July 2021,Natto extract capsules is a unique health supplements; promote healthy cardiovascular system, launched first time in india by siddhidatri multi trade enterprisers in partner with hawaiian herbals, usa. It is a halal & kosher certified product & produced under international gmp regulations" which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Natto Extract market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Natto Extract market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Natto Extract market size is calculated using market estimation process, the Natto Extract market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Natto Extract market size has been validated using both top-down and bottom-up approaches.