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Pharma and Healthcare Social Media Marketing Market is projected to grow at a CAGR of 17.5% during Forecast 2022 to 2032

In 2022, the global pharma and healthcare social media marketing market is expected to be worth US$ 11,060.0 million. Pharma and healthcare social media marketing is a topic that is extremely relevant in today’s digital age, when stakeholders in the pharmaceutical and healthcare industries are reaching out to potential customers via digital, social media platforms. Between 2022 and 2032, the overall demand for pharma and healthcare social media marketing is expected to grow at a CAGR of 17.5%, reaching around US$ 55,500.0 Million.

Pharma and healthcare social media marketing is an area that is extremely relevant to the modern, digital age, where stakeholders in the pharmaceuticals and healthcare industries are reaching out to their potential customers through digital, social media platforms.

Social media tools today enable one-to-one interactions among stakeholders and their target customers via content creation, sharing, along with exchange of new ideas and information about products through virtual communities and social networks.

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The global market for pharma and healthcare social media marketing services is booming in the information age, as almost all the stakeholders in the pharma and healthcare industries are emerging in the world of social media to market their products, mainly because their potential customers are spending most of their time on social media.

Though social media tools are proving highly effective for the marketing of pharma and healthcare products in the world of customer-centric business, their use is still a matter of debate among end users.

Nevertheless, the overall growth of the global market for pharma and healthcare social media marketing services is expected to witness astonishing growth in the coming years, as a majority of businesses are taking their operations digitally.

Leading players in the market are increasing their focus on crafting creative marketing campaigns to help their customers gain a competitive advantage through more effective interaction and engagement with their target audience consistently.

Social Media Marketing Strategies to Help Strengthen Customer Relationship

Leading players in the pharmaceuticals and healthcare sector have always been experimenting with innovative ways to expand their customer base and gain a competitive advantage, while there are multiple restrictions on the advertising and marketing of pharmaceuticals and medical products.

However, social media platforms have emerged as a useful tool for pharma and healthcare companies to implement effective marketing campaigns that can give amplified results to their efforts of improving engagement, expanding their customer base, and ultimately, dramatically boosting the brand performance in global markets.

Global leaders in the pharmaceuticals and healthcare markets are leveraging the modern social media platforms to establish a new brand identity and creating brand awareness among their existing as well as potential customer bases.

This enables them to create a personal bond with each one of their audience on social media, which further strengthens their customer relationship management operations, and it is expected to further highlight the importance of social media marketing among pharma and healthcare companies in the coming years.

In addition to this, social media marketing is also giving a completely different perspective to pharma and healthcare marketing, as it can also contribute to the end users’ efforts not only in building but also in improving corporate communication and investor relations.

It has also helped them improve their customer services even on corporate levels through the implementation of creative social media marketing campaigns.

Involvement of Regulatory Bodies may Restrict the Scope of Social Media Marketing for Pharma and Healthcare Companies

The pharma and healthcare sector is subjected to various rules and regulations regarding the marketing of medical and pharmaceutical products, and this scenario also follows in the planning of social media marketing strategies for these companies.

Governing bodies are modifying their traditional regulatory restrictions on the advertising of drugs and other marketing innovations in the pharma and healthcare industries.

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Involvement of regulatory bodies in the global market for pharma and healthcare social media marketing is mainly in the areas of crafting and issuing guidelines in advertising of drugs and biologists through interactive media.

Various policies along with laws and regulations play an instrumental role in deciding the importance and effectiveness of social media in the marketing of pharma and healthcare products, though it restricts the scope of marketing campaigns.

For instance, the United States Food and Drug Administration (FDA) released new guidelines in January 2014, for the pharmaceuticals and healthcare industries defining the regulatory requirements vis-a-vis the marketing submissions for human and animal drugs across social media platforms.

Through its draft, the FDA also clarified various guidelines for content creators and marketers working in the pharmaceutical and healthcare marketing industry while working on the dissemination of branded information about drugs and biologics.

Pharma and Healthcare Social Media Marketing Market: Competitive Landscape

Digital Healthcare
Sermo
MomMD
Student Doctors Network
QuantiaMD
Doximity
Healthcare and Medical Software
Orthomind
WeMedUp
Medical Apps
DoctorsHangout
Nurse Zone
All Nurses
Medical Doctors
Ozmosis

Other pharma and healthcare companies that are highly engaged in social media marketing include Novartis, Johnson & Johnson, Pfizer, Inc., Novo Nordisk, and Bayer AG.

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Key Segments Covered in the Pharma and Healthcare Social Media Marketing Industry Analysis

By Social Media Platform:

YouTube
Twitter
Instagram
Facebook

By End User:

Healthcare Professionals
Hospitals
Biotechnology Companies
Patients/Consumers

By Region:

North America Pharma and Healthcare Social Media Marketing Market
Latin America Pharma and Healthcare Social Media Marketing Market
Europe Pharma and Healthcare Social Media Marketing Market
Asia Pacific Pharma and Healthcare Social Media Marketing Market
Middle East & Africa Pharma and Healthcare Social Media Marketing Market

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Magnetic Resonance Imaging (MRI) Market to reach a valuation of US$ 12.2 Bn by 2028

Magnetic Resonance Imaging (MRI) Market: Global Industry Analysis and Opportunity Assessment 2015-2025 Overview

The magnetic resonance imaging (MRI) market is projected to record a CAGR of 5.7% during the forecast period, up from US$ 7.9 Bn in 2021 to reach a valuation of US$ 12.2 Bn by 2028.

Attributes	Details
Magnetic Resonance Imaging Market CAGR	5.7%
Magnetic Resonance Imaging Market (2028)	US$ 12.2 Bn

The high field magnetic resonance imaging (MRI) gives more cleared images compared with the remaining MRI, and this is expected to drive the overall demand for MRI systems.

Sales of MRI systems are expected to rise as the images which are given by MRI systems have more information about ligaments and body organs when we compare with the images of X-ray, computed tomography (CT) scan, etc.

In addition to this, demand for MRI systems is spiking on account of its efficiency in detecting diseases caused by tumors, strokes, and spine lesions that affect the blood vessels and brain.

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The MRI market is expected to grow due to the rising demand for MRI systems technology and quick and effective diagnostic procedures.

The pairing of MRI with PET or CT to provide imaging possibilities with less exposure to harmful radiations, rising demand for MRI systems in developing countries, and the rising adoption of universal health coverage are all boosting the MRI market.

The MRI market growth is being fuelled by visualization software and superconducting magnets.

Demand for MRI systems is also due to the recent advancements in MRI technology in the software that make it possible to perform faster contrast scans and streamline the imaging process, also resulting in higher sales of MRI systems.

Diffusion and diffusion tensor imaging with tractography, neuroimaging including MR spectroscopy, and functional imaging using the bold technique are expected to accelerate the MRI market growth during the forecast period.

Moreover, the sales of MRI systems are expected to grow due to the development of intraoperative MRI and its use in various applications such as neurosurgery.

An increase in the discovery of helium deposits also pushes forward the demand for MRI systems to a considerable extent in the coming years.

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What Factors Influence the Magnetic Resonance Imaging (MRI) Market?

The demand for MRI has increased due to the rising geriatric population, technical advancements like low field strength, high field strength MRI systems, and increasing health awareness in developed countries.

No reported side effects of the use of the systems are a major factor propelling the sales of MRI systems across the globe.

Magnetic resonance imaging is an advanced and safe technique when compared with CT scan and X-ray technique as ionizing radiations are used for capturing images in CT, which also propels the demand for MRI systems.

However, sales of MRI systems might dwindle as patients who had heart surgeries, and surgeries with implanted metals at the ligaments have to take precautions while using MRI systems.

With the rapid technological advantage in capturing high-quality images of soft tissue, ligaments, and other body organs, the use of high field strength MRI use will increase, and the sales of MRI systems likely surges.

Conversely, sales of MRI systems (refurbished) are also popular in developing markets as it is cost-effective and easily available.

Installing refurbished systems is significantly less expensive than installing newer systems and is frequently chosen by hospitals and other healthcare institutions in developing countries. As a result, sales of MRI systems drop extensively.

The higher costs associated with the installation and maintenance of imaging equipment are one of the major factors limiting the sales of MRI systems.

Installation and proper maintenance of these systems frequently necessitate complex infrastructure and associated costs, which many medical institutions cannot afford, impeding the sales of MRI systems.

At the same time, voluntary product recalls of a number of imaging systems due to factors such as human error are a significant limitation. It has also hampered the demand for MRI systems.

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How is the Region-Wise Outlook of Magnetic Resonance Imaging (MRI) Market?

Depending on geographic regions, the global MRI market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, the Asia Pacific, excluding Japan, Japan, and Middle East & Africa.

The growth of the MRI market is high in North America as it is a highly developed region and has better awareness among people about health care.

Due to the well-established US healthcare system and various organizations’ initiatives, this region is expected to grow its MRI market share in the future.

In the Asia Pacific region, China and India hold MRI market share, and Europe also has good growth in the MRI market.

Rapidly growing European countries with high per capita income and well-defined healthcare policies, such as the United Kingdom, France, and Germany, are seeing increased demand for MRI systems and leading to the MRI market growth

Furthermore, the MRI market share is expected to grow due to the region’s constant technological advancements and large investments in healthcare research.

How is the Competitive Landscape in the Magnetic Resonance Imaging (MRI) Market?

There are several major players in the global MRI market, which is highly competitive. A few major players currently dominate the MRI market in terms of MRI market share.

Mid-size to smaller businesses, on the other hand, are expanding their market presence by introducing new products at lower prices, thereby enlarging their MRI market share.

Some of the key players in the global MRI market are Siemens, Philips Healthcare, Toshiba Medical Systems, GE Healthcare, Hitachi Medical Systems, Esaote SpA, and Sanrad Medical Systems Pvt. Ltd.

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Power Adapter Market Forecast 2030 | Size, Share, Growth & Forecast |Future Market Insights

A power adapter is also known as the “AC adapter” or “charger” or “power supply for the electronic devices”. They are plugged into a wall outlet; it converts AC to a single DC voltage.

Additionally, computers utilizes multiple DC voltages. While the power adapter is the outer part of the power supply for the laptop. Meanwhile, the auxiliary DC voltages are created via internal circuits.

Although, desktop computer power supplies are in one internal unit that converts AC to DC voltages. It is utilized for other purposes such as, to output a varied AC voltage, rather than DC.

Power Adapter Market: Drivers and Restraints

The worldwide power adapter market is driven by various factors to be specific to the rising selection of homes and building automatics frameworks. With the ascent in dispensable earnings of individuals all around the globe, the need and interest for better lighting additionally expanded.

Not just this, there has been a rising worry for condition assurance and this, further empowered the interest for power adaptors supplies all around the globe.

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Moreover, the rising media transmission segment is likewise based for the most part out of intensity gracefully. In this way, the reliance of media transmission division on power adaptors is additionally on the ascent. This thus is additionally evaluated to expand the development of the power adaptors in the coming years.

Notwithstanding, the expanding appropriation of high-voltage direct current or HDVC and the advancement and selection of sustainable power source assets may hamper future development of the AC-DC power adaptors market.

Aside from that the security gauges forced by the legislature of various districts and their administrative measure may likewise limit the development of the power adaptors market.

Power Adapter Market: Overview

The power adapter market is witnessed to observe remarkable development in the years to come as a result of the ascent in many purchaser interests for lighting frameworks that are vitality proficient.

Although the ascent deprived for a power adapter in medicinal services and clinical gadget showcase is estimated to support the general development of the power adaptors during the forecasted time frame.

Additionally, the presentation and appropriation of LED lights which are both vitality productive and financially savvy may likewise quicken the development of the worldwide power adaptor later on years.

Power Adapter Market : Regional Wise Outlook

Geographically, the power adapter market is segmented into eight regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, China, Japan & the Middle East and Africa. The Asia Pacific is expected to dominate the global power adaptor market followed by North America & Europe.

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Asia Pacific is dominating the power adaptors market owing to the Acceptance of consumer goods including smartphone devices, set-top boxes, HD TVs, entertainment systems, and computers and laptops due to increase in digitization trend in countries i.e. India and China has raising rapidly. Hence it is estimated to fuel the growth of the power adapters’ regional market.

North America market is estimated to provide lucrative growth opportunities during the forecasted period due to rising headways in innovation that empower fast information transmission which would likewise upsurge deals of such items in nations, for example, the US and Canada. Income from Europe advertise is required to enroll a moderate development rate sooner rather than later.

Power Adapter Market: Key Market Participants

Belkin International
MOMAX
Xiaomi
ROMOSS
BULL
Schneider Electric
PISEN
Huntkey
ASUS
WorldConnect AG (Skross)
Kikkerland Design Inc
ORICO
YOOBAO
Travel Inspira
BESTEK International
UGREEN
Kensington International (ACCO Brands)
GME Technology
Shenzhen Flypower Technology

The report covers exhaust analysis on

Power Adapter Market Segments
Power Adapter Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (India, ASEAN, Australia & New Zealand)
China
Japan
The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Power Adapter Market: Segmentation

Tentatively, the global power adaptor market has been segmented based on product type, application and geography.

Based on the Type

100V-120V AC
200V-240V AC
110V-240V AC

Based on the Application

Travel
Residential
Commercial
Industrial

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Professional Hair Care Products Market Will Generate New Growth Opportunities in Upcoming Year

Beauty and personal care industry includes skin care, hair care, oral care, cosmetics, toiletries, and others. Of all the aforementioned segments, demand for hair care products has restored from 2013.

Consumers are becoming sophisticated in nature which has led to change in buying patterns for personal care products. Thishas led to introduction of customized products sustaining the assorted need of the consumers based on different cultures, hair types, and regions.

Also, rising concerns for hair protection, demand for professional hair care products is expected to increase in the next five to six years. Professional hair care products are predicted to record a growth of around 5% to 6% annually in the near future.

Factors such ashair stylist recommendations, efficacy of the products, and increasing penetration of hair care services are expected to bolster the professional hair care products market growth in near future.

The professional hair care market is expected to witness growth due to factors such as increased consumer spending on personal care products, growing disposable income of consumers in emerging nations, and increasing penetration of hair salon services across the globe.

In addition, changing hair grooming pattern especially among the male consumers is expected to fuel the market growth. However, high pricing coupled with less availability of professional hair care products across the designed distribution channels are restricting the market growth.

Although, the professional hair care products market has attained a maturity level in developed countries, introduction of highly specialized products in shampoo and hair colorant category is anticipated to enhance the market growth. Also, in developing countries introduction of products addressing issues of consumers related to grey hair, dandruff and hair loss are expected to fuel the market growth.

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For instance, in India inclination of consumers towards enhanced hair appearance is a key trend leading to a shift in consumers from conventional products to professional hair care products. Furthermore, increasing product visibility across multi retail outlets aids the market growth during 2015-2020.

The professional hair care products market is segmented on the basis of product type, and distribution channels. The various professional hair care products are broadly classified as conditioners, shampoos, hair colorants, hair serums, hair masks, hair sprays, and others.

Among abovementioned products, the hair colorants category is expected to witness a growth of around 8% to 9% as compared to the other products. The various distribution channels through which the professional hair care products are marketed include spa and salons, web or online shopping stores, supermarkets and hypermarkets, speciality stores, and others.

North America is expected to dominate the market during the forecast period, accounting for more than 30% of the market share by 2020. However, Asia pacific is expected to record highest CAGR as compared to other regions. Changing consumer buying patterns supported by increasing disposable income and spending on personal care products in countries such as India and China is driving the growth of professional hair care products in this region. Furthermore, growth of organizedretail industry is expected to enhance the demand for professional hair care products in MEA.

Some of the major international players in this market include L’oreal Group, Kao Group, Henkel AG & Co., Aveda Corporation, Procter & Gamble Co., Unilever Group, and PBI Group Inc., among the others. As a strategic move to enhance the product visibility, these companies are focused on increasing product penetration through online retailing, and creating awareness for hair care products through advertisements.

In addition, high promotional activities such as increasing television commercials, value added packages in the hair care products range, and other offers has led to increased purchase of hair care products across the globe.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product type and distribution channels.

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The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Laundry Sanitizers Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2030 | FMI

The Laundry Sanitizers Market Report Published by FMI is an in-depth Analysis of the Market Covering its Size, Share, Value, Growth and Current Trends for the Period of 2020-203 .The rate of product launches across the personal and home hygiene industry is on an uptick, and the industry will witness the growth for at least the coming two quarters.

At present, consumers are willing to cash in on products that promote health, hygiene and protection, and these products are here to stay for the next two quarters certainly as the COVID-91 pandemic is not going anywhere.

Consumers, at this point of time, are yet seeking myriads of solutions and are leveraging these products at a significantly rapid pace, so sales of personal hygiene products and formulation are expected to remain bullish in 2020.

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While players in laundry sanitizers market are disproportionately investing in creating hygiene portfolio, it is uncertain whether these market will maintain its positive trend beyond the COVID-19 pandemic.

Laundry Sanitizers Market – Key Trends and Drivers

Majority of consumers are aware of common laundry additives such as fabric softener, however, laundry sanitizers have emerged as a new category of products on the market that can be used similarly to fabric softeners.

Laundry sanitizers are ideal for consumers who wrestle with dirty and stinky sportswear including, hockey and football gear. They are capable of eliminating 99.9% of bacteria left behind, while going easy on most fabrics.

Market players are launching laundry sanitizers that come in variety of scents. In addition, they are launching unscented variants for consumers having skin sensitivity.

Laundry Sanitizers Market – Growth Restraints

While the laundry sanitizers market has been making substantial progress, the market is facing disturbances in the demand-supply cycle. Given stay-at-home orders in several countries amidst the COVID-19 recession, consumers are relying on the conventional detergents for washing their clothes.

On the other hand, consumers that are subject to regular outings in countries where lockdown restrictions are gradually easing are looking to stockpiling the products. This is widening the demand-supply gap.

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Further, certain laundry sanitizers cause issues such as rashes, and skin irritation post usage, thus, hindering adoption for maintaining clothing hygiene.

COVID-19 Impact on Laundry Sanitizers Market

Recent studies have emphasize the possibility that the coronavirus can survive on clothes for several hours. Even though these findings and directives from public health administrations offer insight regarding addressing viral contagion on surfaces, the same does not hold true for clothing and other textiles.

While the possibilities of getting infected from COVID-19 via contaminated clothing are significantly low, consumers are still following “better safe than sorry” motto. Consumers are turning to trusted laundry sanitizer brands that ensure optimum results.

Consumers are becoming increasingly cautious about bringing in germs from outside, and this behavior is likely to continue even beyond the COVID-19 chapter. Thus, the market for laundry sanitizers is poised to witness top-line growth in the coming two quarters of 2020.

Laundry Sanitizers Market – Regional Analysis

North America and Europe would remain at the forefront of the laundry sanitizers market, given presence of leading manufacturers in both the developed regions. The surging epidemiological numbers due to COVID-19 crisis in the US, and certain European economies are primarily fueling the regional markets.

As a result, consumers have become increasingly conscious regarding hygiene. Moreover, the US Environmental Protection Agency (EPA) is granting easy approvals to disinfectants for usage against the coronavirus.In a similar fashion, the laundry sanitizers market in Asia Pacific (APAC) is likely to offer potential growth prospects to stakeholders.

While COVID-19 cases in India are outperforming, China is facing the second wave of the pandemic. Several local personal hygiene companies are leaping into the bandwagon to grab the lucrative prospect and serve the consumers.

Laundry Sanitizers Market – Competitive Landscape

Looking at the surging demand for personal hygiene products, market players are tapping the potential opportunity by innovating their product offerings. For instance,

Micro Balance is developing laundry sanitizers that are 100% natural and free of chemicals such as phosphates, caustic substances, or chlorine.
Nature’s Miracle is producing laundry sanitizers that are ideal for eliminating pet stains and odors.

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Moving ahead, players are investing in promotional campaigns to raise awareness regarding hygiene and hand washing. Case in point, Dettol has announced to launch its new national campaign in Australia to enlighten consumers about the important hygiene practices. Players operating in laundry sanitizers market include Clorox, Lysol, Dettol, Lifebuoy, Micro Balance, and Nature’s Miracle.

Laundry Sanitizers Market – Segment Analysis

The global laundry sanitizers market is categorized based on the following:

Sales Channel

Grocery Stores
Convenience Stores
E-Commerce
Other Channels

Packaging Format

Bottles
Pouches
Cartons

Region

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Contract Blending Services Market recently created UIL Blending Solutions, a provider-FMI

Toll blending, also known as contract blending, toll manufacturing, or contract manufacturing is defined as a service wherein different types of blends production is outsourced to an external or third party. The contract blender collects the formula, raw ingredients, and packaging and then converts them into a finished product.

Outsourcing blending at any stage of the process is a highly effective and cost cutting method. With the outsourcing industry increasingly becoming one of the fastest growing markets across diverse industries, the demand for contract blending services is likely to accelerate in the forthcoming years. Furthermore, outsourcing services save production time and the cost of storage and raw materials significantly, which is auguring well for contract blending services market.

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Contract Blending Services Market: Notable Developments

Some of the leading players operating in the contract blending services market are RSBRUCE Metals and Machinery Ltd., UIL Blending Solutions, 2v Industries Inc., Grosvenor Chemicals Limited, Econo Pak, EMCO, Plantgistix, PacMoore, Sabinsa Europe, Fair Chem Industries Pte Ltd., Thermograde, CMC Milling, Haviland USA, Sigma Services, and Prestige Blending

Notable developments in the competitive landscape of contract blending services market include:

In April 2019, a leading contract packager and manufacturer, Multi-Pack Solutions announced that it is spending US$ 16.3 million on the expansion of its Greenville County operations, which are expected to be online by the fourth quarter. Multi-Pack will extend its production and sales operations by shifting into a 125,000-square-foot facility at the South Carolina Technology and Aviation Center.
In February 2019, Houston-based Plantgistix, a leading player in contract blending services market announced that it is constructing a new contract packaging plant in Texas. The new plant is likely to achieve full operational capability by June 2019, which will be focused on providing export contract packaging services. It will boost the services and supply chain abilities of Plantgistix by extending the company’s inbound hopper car capacity to roughly 300 per month.
A leading contract blending services provider UIL Blending Solutions has recently designed and implemented a novel powder manufacturing facility with the aim to target large and lucrative scale contract opportunities. With the new facility, UIL Blending Solutions has got faster turnaround times, a greater variety of processing configurations, and more capacity for clients seeking outsource for their products.

Contract Blending Services Market Dynamics

Effortless Specialization Provided by Contract Blending Services Driving their Demand

The growing outsourcing trend has increased the traction for contract blending services in the recent years. With contact blending services’ providers offering customized blends, with ingredients in desired ratio without any hassle to figure out processes or equipment, companies are increasingly outsourcing their blending needs. For instance, a chemical supply firm provides their clients with expert contract chemical blending services under customized or restricted conditions, including controlled temperatures and various distillation techniques. Consequently companies are investing in contract blending services to get tailored finished products, without spending on in-house blending and mixing facilities, to meet the growing and altering customer specific needs. This growing reliance of companies on third parties for diverse services is expected to bring traction to contract blending services market.

High Productivity & Optimized Workflow Benefits Accelerating Uptake of Contract Blending Services

Amid the highly competitive world, where time is money, the demand of outsourcing services, such as contract blending services, is growing at a fast pace. Numerous benefits associated with contract blending services, such as increased workflow efficiency, and saved time are auguring well for the stakeholders. These advantages are further prompting companies to focus on optimizing the workflow by giving most of their time to what they do best, while leaving all their blending needs on expert contract blending services’ providers. With companies in the pursuit of moving ahead of the market competition, they are increasing investing in contract blending services for optimized growth.

Limited Control over Finalized Product Restricting Market Growth

The growing customer concerns about the quality of the final product are making companies reluctant to outsource their lending needs. When reliant on contract blending services, the company that outsource needs has limited control over the quality of final product. Moreover, growing discrepancies in blending and manufacturing processes are further accelerating the insecurities of companies, which in turn is restricting them from outsourcing their needs. However, several companies are focusing on forming solid contracts with contract blending services’ providers to avoid any such issues and conflicts that may arise.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global contract blending services market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with contract blending services market attractiveness as per segments. The report also maps the qualitative impact of various factors on contract blending services market segments and geographies

Contract Blending Services Market: Segmentation

Based on end use, the contract blending services market is segmented into

Nutritional supplements
Specialty oils and spreads
Protein powders
Healthy snack mixes
Others

Based on capabilities, the contract blending services market is segmented into

Liquids
Powders
Pastes
Reconstruction of Aqueous & Solvent-based Products

Based on service types, the contract blending services market is segmented into

Dry Blending
Product Blending
Multiple Component Blending

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Report Highlights:

A detailed overview of contract blending services parent market
Changing contract blending services market dynamics in the industry
In-depth contract blending services market segmentation
Historical, current, and projected contract blending services market size regarding volume and value
Recent industry trends and developments in contract blending services market
Competitive landscape of the contract blending services market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth in contract blending services market
A neutral perspective on contract blending services market performance
Must-have information for contract blending services market players to sustain and enhance their market footprint

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Dry Yogurt Market to reach a valuation of US$ 1348.83 Mn by 2032

Dry yogurt is a powder that is white to yellowish in colour. Dry yogurt or yogurt powder is produced using milk or regular yogurt. The production of dry yogurt is either by adding starting cultures to the milk then drying the product or by removing all the moisture from yogurt only until the remaining matter is dry and can easily be made into powder. Fat contents and pH levels of dry yogurt can vary depending upon the end-use applications of dry yogurt. According to this, there are different products types of dry yogurts that are available. The primary motive of dry yogurt manufacturing is to enhance the shelf life and stability of the yogurt.

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Dry Yogurt is Replacing Yogurt in the Industrial Products to Impart a Yogurt Flavour at Low Production Costs

The use of dry yogurt in the food and beverages processing industry is extensive and not restricted to a certain type of product. It is being used in savoury, as well as sweet products. The storage of dry yogurt is easier as compared to the yogurt which needs to be refrigerated and has a shorter span. Whereas dry yogurt can be kept on the shelf and has a longer shelf life. The use of dry yogurt in food products is more than that of beverages and cosmetic products. This reduces the cost of production for the industrial manufacturers as its transport will also not cost much. This has resulted in the dry yogurt being used as a replacement for yogurt. Also, the availability of dry yogurt in various different flavours can provide the required taste and flavour in the food products. In the cosmetics and personal care industry, dry yogurt is expected to gain traction due to the high demand for natural ingredients in the products.

Dry Yogurt Market: Regional Analysis

The use of dry yogurt mainly in the industrial sector has led to its high demand increasing globally. But its demand in North America and Europe is the highest as the awareness among the consumers is more in these regions. Especially, in Europe, the use of dry yogurt is the highest as the bakery industry and the food industry is well developed. Also, the demand for natural cosmetic products is high in Europe and in the Middle East increasing the use of dry yogurt in these regions. South Asia is an attractive market for dry yogurt due to the growing food and beverages industry and the increasing awareness among the consumers in this region.

Dry Yogurt Market: Key Participants

The key participants in the dry yogurt market are –

Glanbia Nutritionals
Epi Ingredients
Ace International LLP
Almil AG
Kerry Inc.
PreGel America, Inc.
C.P. Ingredients Ltd.
Bluegrass Dairy & Food, Inc.
Dr. Suwelack
Armor Protéines
Prolactal GmbH
Bempresa Ltd.
Schwarzwaldmilch GmbH
Biogrowing
Ballantyne
Bayerische Milchindustrie eG
Molda AG – Döhler Dahlenburg
Ostmilch Handels GmbH
BARTEX Sp. z o.o.
Lactoland Trockenmilchwerk GmbH

The research report presents a comprehensive assessment of the dry yogurt market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

Dry Yogurt Market Segments
Dry Yogurt Market Dynamics
Dry Yogurt Market Size
Dry Yogurt Supply and Demand
Current Trends/Issues/Challenges pertaining to Dry Yogurt Market
Competition Landscape and Emerging Market Participants in Dry Yogurt Market
Technology related to Production/Processing of Dry Yogurt
Value Chain Analysis of the Dry Yogurt Market

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Dry Yogurt Market: Segmentation

The dry yogurt market can be segmented on the basis of nature, product type, flavour, application, end user and sales channel.

On the basis of nature, the dry yogurt market can be segmented as –

Organic
Conventional

On the basis of product type, the dry yogurt market can be segmented as –

Skimmed Dry Yogurt
Semi-skimmed Dry Yogurt
Whole Dry Yogurt

On the basis of flavour, the dry yogurt market can be segmented as –

Regular
Flavoured
Berries
Vanilla
Chocolate
Peach
Mango
Banana
Apple
Others (Passion Fruit, Blends)

On the basis of application, the dry yogurt market can be segmented as –

Food Industry
Dips and Dressings
Fillings
Bakery
Nutrition and Snack Bar
Desserts
Frozen Novelties
Dry Mixes
Other (Meat Products, Cereals)
Beverages
Cosmetics and Personal Care

On the basis of end user, the dry yogurt market can be segmented as –

Household
HoReCa
Industrial
Food and Beverage Processors
Cosmetic Manufacturers

On the basis of sales channel, the dry yogurt market can be segmented as –

B2B/Direct
B2C/Indirect
Store-Based Retail
Modern Grocery Retailers
Hypermarkets/Supermarkets
Convenience Stores
Food & Drink Specialty Stores
Independent Small Groceries
Online Retail

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Global Smart Insole Market Industry Research Report, Growth Trends and Competitive Analysis -2030

Gait analysis equipment integrated in the footwear soles which constantly tracks the movement of the person is known as smart insole. Low cost sensors are used which computes the gait features and constantly transmits the information to the devices including smart watches and smart phones.

Moreover, inclination of healthcare market towards smart insole to track patients’ movement is set to unleash the real market potential. Increasing health awareness among population in developed economies such as North America and Europe is set to bolster the market in long-run.

Demand of the smart insoles has been substantially surged over the past half-decade owing to the consumer inclination towards shoes integrated with smart insoles. Owing to the aforementioned properties of the smart insole, it has gained significant popularity in the field of health and has driven the smart insole market during the historical period.

Moreover, sports industries utilizing smart insole in the athlete’s footwear to analyze the gait features is set to thrust the smart insole market over the mid-term forecast period.

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Rising demand from sports and health care applications has positively impacted smart insole market. Attributed to aforementioned scenarios, global smart insole market is forecast to witness absolute growth at a higher digit CAGR between 2020 and 2030.

COVID-19 to Boost the Smart Insole Market

COVID-19 or Novel corona virus has not only shattered the movement of the people but also the production across every sectors including smart insole industry.

But in the perspective of the smart insole market growth, demand of smart insoles has risen by the consumers in order to track their health stats like diabetes, gait and bundle of other health issues.

Moreover, demand from the healthcare industry has been doubled in last few months to track the gait problems in COVID-19 patients. Research conducted by Keck School of Medicine in 2018, shows that smart insole could detect an infection proves its immense potential at the times of COVID-19 pandemic.

Pandemic has negatively impacted the prices of the smart insole owing to the surge in demand of smart insole.

Smart Insole Market: Regional Outlook

From regional perspective, North America holds largest market share in global smart insole market. Increase in healthcare spending per capita in United States has fueled the demand for smart insoles.

For instance, according to United States National Health Expenditure Accounts (NHEA), U.S. health care spending increased by around 4.6 percent in 2018, reaching US$ $3.6 trillion or $11,172 per person, 3.8 trillion in 2019 which is expected to increase by US$ 4.01 trillion in 2020.

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As per CMS estimates the healthcare spending is projected to rise by US$ 6 trillion till 2028. This provides an immense potential for smart insoles market growth in the healthcare arena.

Europe accounts for more than quarter of the demand share of smart insole market. Growing awareness of improving health and healthcare infrastructure in the region is set to encourage the demand for smart insoles over the forecast period. Followed by Europe,

East Asia accounts for less than one-tenth of the demand share of smart insole. Region portrays an increasing market potential owing to increasing healthcare spending. South Asia & Oceania, Latin America and Middle East & Africa account for minute share owing to the limited utilization of smart insole in these region

Smart Insole Market: Key Players

Key players in global smart insole market are

Lechal
Kinematix
Wiiv Wearables
Digitsole
ReTiSense
Dr. Scholl’s (Bayer)
Implus
Adidas
FootLogger
Sidas
HCi Viocare Technologies
Moticon
Bonbouton

Global smart insole market is partially fragmented in nature with presence of many international players. Key players in market are focused towards expansions through research & development. These players aim to provide a scattering range of smart insole suited for different purposes.

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For instance, in March 2020, Google, Adidas, and EA collaborated on a new smart insole which is used for video gaming application.

The research report presents a comprehensive assessment of the smart insole market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

The Smart Insole Market Report Covers Exhaustive Analysis On

Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

The Smart Insole Market Regional Analysis Includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Russia, Poland & CIS)
East Asia (China, Japan, South Korea)
South Asia (India, Malaysia, Indonesia, Australia, New Zealand & Thailand)
Middle East & Africa (GCC Countries, South Africa, Turkey)

The smart insole report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The smart insole report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The smart insole report also maps the qualitative impact of various market factors on market segments and geographies.

Segmentation analysis of smart insole Market

The global Smart insole market is bifurcated into four major segments: insole type, material type, end-use and region.

Insole Type

Comfort Insoles
Molded Insoles
Custom Orthotics

Material Type

Polypropylene
Leather
Other

By End-use

Sports
HealthCare
Others

By Geographic Regions

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa

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Herb Infused Water Market as a detoxifier is rapidly expanding-FMI

Herb infused water is basically a functional beverage containing pure water immersed with herbs in it. Herbal infusions have been a popular practice among naturopaths, herbalists and health practitioners for years now to extract the healing and medicinal properties of the herbs.

These herbs can be added fresh or dried. Herb infused water has emerged as a tasty and healthy way of keeping the body hydrated. This herb infused water possessing zero calories not only offers nutritional benefits but also adds extra flavors to it. As these herb infused water adds rich flavors and aroma to the water, it enhances the taste as well as gives a refreshing and gentle feel.

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These lesser known herb infused water has become popular in the recent years owing to its widespread applications such as a health drink, energy drink, in weight loss and as a refreshment drink. Further, Herbs has been known for years for its medicinal, nutritional and weight loss properties and is generally been added in foods, salads, juices, and medicines to enhance its flavours, give them a minty and refreshing touch and to supplement extra nutritional values in it.

Thus, these herb infused water possess diverse properties which provide health benefits such as anti-oxidant, weight loss, improved digestion, detox agent and for boosting the immune system. In addition, these are available in various flavors according to the type of herb added to it. Some of the popular herbs added to herb infused water include Basil, Rosemary, Thyme, Sage, Mint and several others.

Growing dependency on food & beverages infused with natural ingredients and health awareness paving way for Herb Infused Water demand

The rising awareness among consumers for health and fitness has grown the demand for products infused with natural and organic ingredients such as herb infused water. The health beneficial qualities of herb infused water such as quickly healing wounds, minimizing blood sugar, implementing weight loss, and more is driving its market globally. Further, another major factor driving the market for herb infused water is its function as a detox water.

These detox water is popularly used these days for removing toxins from the body, improving the skin complexion, implementing better digestive health and majorly for promoting weight loss. Thus, the demand for herb infused water as a detoxing agent is widely growing worldwide owing to the rising consciousness among consumers to look good and reduce weight primarily due to the increasing impact of social media and internet.

In addition, the development of product packaging’s that are travel-friendly is also propelling the growth of herbs infused water owing to the ease in carrying them, thus broadening its applications such as a refreshing drink in summers for long trips. Hence, the shift of consumer preferences towards much healthy beverages and growing demand among consumers to stay hydrated and feel refreshed is rambling the market growth of herb infused water.

Global Herb Infused Water Market: Key Participants

Some of the market participants in the global Herb Infused Water market identified across the value chain include Hint Inc., Treo Brands LLC, Uncle Matt’s Organic, Detox Water, Disruptive Beverages Inc., HERB + ORCHARD, and Infused waters among others.

Opportunities for Participants in the Herb Infused Water Market

There are widespread opportunities for players to grow in the herb infused water market owing to no significant market participant and growing demand and popularity among consumers for products supplementing health and nutrition. Currently, homemade fruit and herbs infused water is trending in several developed nations signifying the imminent potential for herbs infused water market.

Further, the easy availability of these herbs in almost every nation and very low production and manufacturing cost gives opportunities to many global market leader in healthcare, dietary and food & beverages industry to invest and grow their revenues in herb infused water. In addition to this, the rapid growth of herb infused water is further elevated by several macroeconomic factors that include GDP, population growth, changing lifestyle and increasing disposable income of the consumers, especially in developing nations.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

An overview of the market, including background and evolution
Shifting industry dynamics
In-depth market segmentation
Historical, current, and projected industry size and recent industry trends
Key competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Competitive landscape of the market, including detailed profiles of the top players in this market

The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Herb Infused Water Market: Market Segmentation

On the basis of nature, the global herb Infused water market has been segmented as:

Organic Herb Infused Water
Conventional Herb Infused Water

On the basis of herb type, the global herb infused water market has been segmented as:

Mint
Basil
Rosemary
Thyme
Sage
Ginger
Lavender
Others

On the basis of packaging, the global herb infused water market has been segmented as:

Glass bottles
PET bottles
Jars
Others

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Icing Sugar Market projected to rise at a robust CAGR of around 6.78% between 2022 and 2032

The report covers various factors affecting the Icing Sugar market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant infographics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

FMI, in its latest Icing Sugar market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

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The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Icing Sugar market.

COVID-19 Impact Analysis on Icing Sugar Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2021 and beyond.

FMI provides a detailed chapter on the impact of Covid-19 on the global Icing Sugar market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

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Icing Sugar Market: Segmentation

Detailed analysis covered in the FMI’s Icing Sugar market report has been classified into key segments and sub-segments.

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On the basis of type, the global icing sugar market can be segmented as –

Coarse grained
Finely Ground
Ultra Refined

On the basis of nature, the global icing sugar market can be segmented as –

Organic
Conventional

On the basis of starch source, the global icing sugar market can be segmented as –

Tapioca
Maize
Wheat
Potato
Others

On the basis of end use, the global icing sugar market can be segmented as –

HoReCa/Foodservice
Food Processing Industry
Bakery Products
Confectionery
Desserts
Household/Retail

On the basis of packaging, the global icing sugar market can be segmented as –

Retail
Canisters
Packets
Boxes
Bulk

On the basis of distribution channel, the global icing sugar market can be segmented as –

Direct/B2B
Indirect/B2C
Hypermarkets/Supermarkets
Modern Grocery Stores
Specialty Stores
Online Retail

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Icing Sugar Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Icing Sugar market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Key players profiled by FMI in Icing Sugar market includes:

Tate & Lyle PLC
AB Sugar Company
Couplet Sugars
Simbhaoli Sugars Ltd.
Crusty International
Dhampure Speciality Sugar Ltd.
MSM Prai Berhad
NZ Sugar Company Ltd.
USHA International Limited (Mawana)
Starafrica Corp.
Sugar Australia Company Ltd.
Nordic Sugar A/S
Mitr Phol Group
Redox Pty. Ltd.
Lantic Inc.
Weikfield Products Co. (I) Pvt. Ltd.
Amrut International

Significant Contributions to the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

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