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Psoriatic Arthritis (PsA) Treatment Market to Hit USD 15.6 Bn by 2028 | Future Market Insights

The Psoriatic Arthritis (PsA) Treatment Market is expected to register 7.1% CAGR between 2022 and 2028, up from 6.7% CAGR recorded during 2013-2021, predicts Future Market Insights. Sales in the global Psoriatic Arthritis (PsA) Treatment Market are slated to top US$ 10.3 Bn in 2022. Expanding at a healthy 7.1% CAGR, the market size is projected to total US$ 15.6 Bn by 2028.

Nearly 70% of the psoriasis patient population is prone to psoriatic arthritis, and up to 20% of arthritis patients are susceptible to acquire psoriasis, according to the recent findings of the Arthritis Foundation.

Industry Behemoths Cover More than 55% Market Value Share

In a fairly consolidated global landscape of psoriatic arthritis treatment market, more than 55% share of the total revenue is accounted by industry giants such as Novartis AG and AbbVie Inc. that include biologics in their core portfolio. While market leaders are maintaining focus on FDA approvals and clinical trials, research also points to the increasing importance of diverse pricing strategies.

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Moreover, prominent players in psoriatic arthritis treatment market are likely to augment investments in R&D of biosimilars, biologics, and TNF (tumor necrosis factor) inhibitors to target regional markets. A number of leading drug manufacturers are also maintaining sizable investments in DMARDs that are scheduled for market entry in next few years. This is perceived as a strong factor improving growth prospects of psoriatic arthritis treatment market, according to the report.

Besides all these, strategic acquisitions, partnerships, and collaborations will remain the preferred expansion strategies adopted by a majority of prominent operators in psoriatic arthritis treatment landscape,” says a senior research analyst at the company.

Demand for Biologics & DMARDs Gaining Momentum

Research-driven understanding of the pathophysiology of psoriatic arthritis is fueling the introduction of innovative therapies in psoriatic arthritis treatment market, triggering innovations among the market participants – thereby supporting the growth of psoriatic arthritis treatment market. Targeted biological therapy has been demonstrating a decent success rate in terms of inducing temporary pain relief resultant of psoriatic arthritis, and thus continues to represent an attractive position in the psoriatic arthritis treatment market.

The report says that the demand for biologics accounts for more than 55% share of the global market revenue, whereas DMARDs demand makes up for more than 3/4^th of the total market value. Although a majority of psoriatic arthritis patients opt for injectable as a preferred route of administration of psoriatic arthritis treatment, increasing introduction of innovative oral drugs is uplifting the popularity of orally administered psoriatic arthritis treatment.

Development of novel oral treatments for psoriatic arthritis is likely to favor the growth of North America’s market. Growing availability of combination therapies and relatively economical biosimilar antibody therapeutics are identified to be the primary boosters for the growth of Europe’s market. Collectively, North America and Europe account for over 60% share in the global value of psoriatic arthritis treatment market. The report indicates that the psoriatic arthritis market in Asia Pacific is likely to display high growth potential in the course of next few years.

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Psoriatic Arthritis (PsA) Treatment Market by Category

Product Type:

Non-steroidal Anti-inflammatory Drugs
Disease Modifying Anti-rheumatic Drugs
- Corticosteroids
- Antimalarial
- Methotrexate
- Others
Biologics
- TNF Inhibitors
- Interleukin Inhibitors

Route of Administration:

Injectable
Oral

Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Mail Order Pharmacies

Region:

North America
Latin America
Europe
Oceania
East Asia
South Asia
Middle East & Africa (MEA)

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Premium Cigarette Market is Projected to Grow at a CAGR of 6.8% between 2022 and 2032

The global premium cigarette market is expected to be valued at US$ 10,530 Million in 2022. The overall demand for premium cigarettes is projected to grow at a CAGR of 6.8% between 2022 and 2032, totalling around US$ 20,330.2 Million by 2032.

The availability of premium cigarettes will see significant growth in the long run, owing to the fact that some people are willing to spend more on their smoking habit.

Availability of high quality cigarettes for curious smokers will also drive the sales of premium cigarettes worldwide in the near future.. The availability of Premium cigarettes will see significant growth in the long run, owing to the fact that some people are willing to spend more on their smoking habit.

Availability of high quality cigarettes for curious smokers will also drive the sales of Premium cigarette worldwide in the near future. However, stringent government regulations to obtain organic certifications for cigarette and restrictive conditions of the tobacco industry may hamper the growth of the market to some extent.

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What is Driving Demand for Premium Cigarette?

To attract smokers, companies are using organic, natural, and additive-free tobacco labels, which is driving sales of Premium cigarettes. Farmers are also significantly investing in organic farming methods to enhance the crop yield.

Moreover, over the last few years, smokers have shifted their focus towards cigars and cigarettes developed from organic tobacco, creating an opportunity in the Premium cigarette market. In addition to traditional cigarettes, companies are introducing Premium brands with menthol capsules.

These capsules add menthol flavor to cigarettes to improve the tobacco blend. Premium cigarettes with flavor capsules are more popular among youngsters owing to the novelty of smoking some flavored cigarettes.

Covid-19 Pandemic Affected the Sales of Cigarettes and Premium Brands

Because of the unavailability and increased cost of tobacco products, the ongoing covid-19 pandemic has sharply reduced global Premium cigarette sales. Furthermore, tax increases and nationwide lockdowns in various countries are contributing factors to a decline in cigarette and Premium brand sales volume in 2020.

In addition, post the covid-19 pandemic, cigarette sales will be challenged among people who are more health conscious, limited or quit tobacco consumption during the pandemic, and concerned about being infected by coronavirus if they consume tobacco products.

Governments around the world have also increased their awareness programs about the harmful effects of tobacco during the coronavirus pandemic, which may impede market growth to some extent.

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However, in order to survive in the market place, companies are improving their strategies and started lowering some of the harmful chemicals used in cigarettes such as tar and nicotine and offering a unique selling proposition to retain their customers.

Additionally, some curious smokers who purchase Premium brands in order to stand out from the crowd are likely to boost Premium cigarette demand over the course of the evaluation period.

China is currently dominating the Global Premium Cigarette Market

More than half of the top cigarette brands sales are generated from Asia-Pacific market. As, cigarette consumption is more associated with low and medium- Human Development Index (HDI) countries. Also, Asian consumers are particularly fond of long-standing, well-reputed and traditional cigarette brands.

China is one of the leading markets for Premium cigarettes globally, as there are around one-third of the world’s total smokers in China. Around 26% of adults aged 15 and above are current smokers in China, which could be the potential customers for Premium cigarette brands in the near future. Moreover, gifting cigarettes and its related products is deeply rooted in Chinese culture particularly in rural areas continues to drive demand for Premium cigarettes.

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Thus, the country’s demand for Premium cigarettes is expected to grow at a significant rate during the assessment period 2021-31, owing to the fact that gifting cigarettes, primarily Premium cigarettes, during holidays or special occasions is a sign of respect and a status symbol among Chinese people.

Demand for Premium cigarettes in China will be led by the male population, as the consumption of tobacco among adult men is significantly higher compared to females.

Who are the Key Manufacturers and Suppliers of Premium Cigarette?

Some of the leading manufacturers and suppliers of Premium cigarette include

Reynolds American, Inc.
Parliament Hybrid
ITG Brands, LLC
JTI-Macdonald Corp.
British American Tobacco PLC
Philip Morris USA Inc.
The Nat Sherman Company
Gallaher Group
Imperial Tobacco Group
J. Reynolds Tobacco Company
The Chancellor Tobacco Company
China Tobacco
Thailand Tobacco Monopoly
Wilh. from Eicken GmbH

The smoking experience and tobacco quality are the most important attributes to smokers. Thus, many prominent players in the cigarette market are expanding their product portfolio by significantly investing in premium brands with superior quality, heritage, and more appealing packaging appearance, which makes their Premium brands stand out from mass brands.

Some companies are also creating new smoke-free alternatives and organic flavored tobacco portfolios with fewer or no harmful substances.

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.

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Key Segments of Premium Cigarette Market

By Product Type:

Flavored
Non-Flavored

By Format:

Slim
Super Slim
King Size
Regular

By Sales Channel:

Specialty Stores
Multi-brand Stores
Independent Tobacco Shops
Online Retailers
Others

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Fragrance Diffuser Market to Achieve A High CAGR Of 7.08% During Forecast Period – 2032

Global fragrance diffuser market demand is projected to be valued at nearly US$ 27.75 Billion in 2022, forecast to grow at a CAGR of 7.08% to be valued at approx. US$ 55 Billion from 2022 to 2032. Growth is attributed to the rising demand for renovation projects and development in residential and commercial construction.

The fragrance diffuser disperses natural oils into the air and also contains various health-beneficial essential ingredients. Essential oils used in perfumes and fragrances such as lavender, citrus, ginger, and peppermint oils improve health, relaxation, sleep, and alter the mood. According to various scientific studies, it is stated that essential oils can interact with the brain and the nervous system to impact health and mood. Thus, one of the easiest ways to achieve benefits associated with essential oils is through aromatherapy.

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Which are Some Prominent Drivers Spearheading Fragrance Diffuser Market Growth?

Due to the upsurged emphasis on health, the demand for natural fragrances among consumers is increasing incessantly, thereby expanding the fragrance industry. The growing demand for luxury home fragrances, the rise in the need for alternatives to allopathic drugs worldwide are among the prominent factors influencing the growth of the fragrance diffuser market shortly.

Additionally, growing consumption of fragrances to reduce stress and stimulate the mind along with increasing adoption of fragrance diffusers with silent ultrasonic technology are some other factors fueling the growth of the fragrance diffuser market during the forecast period.

Moreover, a rapid rise in popularity of aromatherapy for medical purpose, growing consumption of essential oil such as lavender oil helps in curing migraine problems, and rosemary oil help in improving concentration levels attributed to the growth of the global fragrance diffuser market. Also, the growing product premiumization trend and demand for unique designed fragrance diffuser is expected to increase the fragrance diffuser market during the forecast period.

What are the Challenges Faced by the Fragrance Diffuser Industry?

The rising cases of lung issues or other health complications such as Asthma, Chronic Obstructive Pulmonary Disease, Pneumonia, and others have resulted in an allergic reaction and an undesirable impact on their health. This is proving to be one of the key restraining factors for the fragrance diffuser market.

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Why is Asia-Pacific Emerging as an Opportunistic Fragrance Diffuser Market?

Based on regional growth, the Asia Pacific region captures a leading share in the global fragrance diffuser market. Owing to escalating usage of fragrances during festivals like Diwali in India and other parts of the region, the demand for fragrance diffusers in residential and commercial spaces is likely to increase in the forthcoming future. Additionally, the presence of domestic brands such as Nyassa, Lalique, Soohyang, and others are generating more traction among consumers in the region.

How is Europe Contributing to the Growth of the Fragrance Diffuser Market?

Europe is expected to witness rapid growth supported by the collective spending on home care and maintenance products, including fragrances for homes. Moreover, the custom of lighting candles as part of the tradition in several countries is likely to soar the demand for these fragrances. In terms of regional contribution to the sales revenue, Denmark & Germany collectively hold a share of 43% in the fragrance diffuser market.

Why does North America Hold a Significant Share in the Fragrance Diffuser Market?

As per the latest report published by International SPA Association (ISPA), the industry is likely to experience stable growth with upsurges in overall revenue, locations, number of spa visits, and revenue per visit in the United States. The growth in the number of spa stores being launched across several countries including the United States, coupled with an escalation in the number of spa visits, is one of the crucial driving aspects for sales of aromatherapy diffusers in spa centers in the country.

Market Competition

Some of the key participants present in the global demand of Fragrance Diffuser market include Ripple Fragrances Company, Ellia USA Company, Reckitt Benckiser Group PLC, ArOmis Company, SpaRoom Company, doTERRA International, NEST Fragrances Corporation, GreenAir Inc., Artnaturals Company, Organic Aromas, Young Living Essential Oils, and other players.

In Feb 2022, Reckitt Benckiser Group plc (“Reckitt”), maker of Lysol and Dettol, and Diversey Holdings, Ltd., a leader in the development and delivery of hygiene, infection prevention, and cleaning solutions announced a distribution collaboration that will expand businesses’ access to trusted hygiene solutions that help protect staff, clients, and customers from the spread of illness-causing germs.

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Dog Food Toppers Market is Estimated to Reach at a CAGR of over 8.7% in 2032 | FMI

The global dog food toppers market is estimated to expand at a CAGR of over 8.7% over the forecast period of 2022-2032, as per Future Market Insights (FMI). Sales in the market are estimated to be reach US$ 11,910.9 Mn by the end of 2032.

According to an independent study in 2018, in the U.S., pet expenditure has increased by more than 50% from 2013. The significant portion of the expenditure made was on pet food, where premium pet food with premium and good quality ingredients was frequently purchased, followed by other natural and generic food. The remaining expenses accounted for expenses made in pet supplies, veterinary, and pet services.

An increasing number of pet owners across the globe are frequently spending on premium products and services for their dogs’ well-being. Hence, with growing trend of pet humanization, the expansion of the dog food topper market is predicted to rise over the upcoming decade.

Further, expenditure on pet food includes, pet healthcare, and other associated costs. Hence, key players are introducing healthy and nutritional pet food products as per the pets’ requirement. They are also focusing on including customized products and developing liquid dog food toppers.

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Key Takeaways from the Dog Food Toppers Market Study

Based on product type, dry topper segment is expected to witness incremental growth over the assessment period
In terms of packaging type, the bags and pouches segment will register steady growth in the forthcoming decade.
Hypermarkets and supermarkets are expected to hold a lion’s share in the dog food topper market during the forecast period.
Based on sales channel, the online retailer segment is anticipated to rise at a rapid rate in the dog food toppers market.

“Dog food topper producers are developing strategies and collaborating with online sales channels to expand their product line. They are also introducing products with extended shelf life and customization to gain revenue.” Says an FMI analyst.

Who is winning?

Leading manufacturers of dog food toppers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of dog food toppers market globally.

Major players present in the dog food toppers market Stella & Chewy’s, The Honest Kitchen, Blue Buffalo Co., Ltd., Nature’s Variety, Merrick Pet Care, Inc., Castor & Pollux Natural Petworks, Mars Incorporated, Only Natural Pet, Petco Animal Supplies, Inc. (WholeHearted), Applaws Natural Cat and Dog and Cat Food, and Tiki Pets among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global dog food toppers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the dog food toppers market based on product type (dry topper and wet topper), packaging type (pouches, bags, can, and bottle & jars), packaging size (0-10, 10-20, and above 20), life stage (puppy & adult), sales channel (hypermarkets/supermarkets, convenience stores, pet specialty stores, independent grocery retailers, drugstores, online retailers, and others) across seven major regions

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Pet Oral Care Market is Estimated to Increase at a 3.5% CAGR in 2032 | FMI

The pet oral care market is poised to reach an US$ 11,848 million valuation in 2022. Sales are projected to increase at a 3.5% growth rate, with the market size reaching US$ 16,711 Million by 2032.

The proliferation of health-conscious customers globally has resulted in increased demand for organic pet oral products forcing pet oral care market participants to align their portfolio and branding in accordance with market expectations. Pet oral care product has risen in popularity among pet lovers due to the benefits and importance of taking care of oral hygiene of pets.

Pet owners are increasingly turning to e-commerce to acquire pet health items, including dental care because they provide a large choice of products at unique discounts and prices. Amazon, Flipkart, Alibaba, and other e-commerce industry giants provide a diverse choice of items from across the world.

Players operating in the global pet oral care industry adopted various development strategies and marketing campaigns to expand their market share, exploit developing countries with increasing populations for emerging market opportunities and increase the profitability in the market.

Several reasons are projected to contribute to the South Asian market, including an increase in pet lovers/ owners and a growing overall population, particularly in emerging nations such as China and India.

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Key Takeaways from the Pet Oral Care Market Study:

In terms of end user, demand for pet oral care likely to escalate among households more as compared to other end user categories.
South Asia and Europe are developing as two of the largest market for pet oral care by competing with the established players in the North America market.
The global pet oral care market is currently experiencing a shift in consumer’s preference from conventional to multifunctional and organic products.
By sales channel, online sales segment is anticipated to rapidly grow its share in pet oral care market size.

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Key Segments Covered in Pet Oral Care Industry Research

By Product Type:

Edible Paste
Mouth wash/ Rinse
Toothbrush
Dental Chews/ Gums
Dental Cleaning sprays

By Price Range:

Economical range
Mass range
Premium range

By End Users:

Veterinary specialty
Private vet clinic
Households
Animal Shelter

By Pet type:

Dog
Cat
Bird
Exotic Pet (Rabbit, Bearded Dragon, Horse, etc.)

By Sales Channel:

Supermarkets/Hypermarkets
Multi-Brand Stores
Discount Stores
Pet Speciality Stores
Drug Stores & Pharmacies
Online Retailers
Other Sales Channel

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
THING

“Pet health care brands are expanding their penetration in the pet oral care market because of increase concerns in oral conditions among pets specially cats and dogs. Furthermore, many brands operating in pet oral care market are using organic ingredients and flavour extracts and innovating dentals chews to attract more customers have also positively impacted the market growth.” says an FMI analyst.

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Kids Sports Equipment And Accessories Market to Expand at a Robust CAGR of 4.7% in 2022 and 2032

The global kids’ sports equipment and accessories market is expected to reach a valuation of US$ 3,518 Million in 2022.The Kids’ sports equipment and accessories products are projected to expand at a robust CAGR of 4.7% between 2022 and 2032, totaling around US$ 5,568.8 Million by the end of 2032.

Gripping a considerable market size in the global sports equipment and accessories industry, the kids’ sports equipment and accessories market is growing sustainably since the past few years. The key factors positively influencing the global market include increasing popularity of ball sports among kids, innovation of kids’ sports apparel and accessories, and booming acceptance of ecommerce retailing.

However, throughout the forecast period 2016-2026, the market is estimated to thrive at a single digit CAGR, owing to a few strong restraints. While the U.S. will continue to be the largest market, ball sports is expected to be get the largest sales opportunities to the market, over 2016-2026.

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Key Market Drivers

Growing popularity of ball sports such as football/soccer and basketball among kids and their parents has been a key driver fuelling the growth of kids’ sports equipment and accessories market. In addition, the increasing number of sports competitions and participatory tournaments organised by schools worldwide is also reported to bolster the demand for sports equipment and accessories for kids.

Easy availability of trendy sports accessories and a wide variety of equipment especially designed for kids, can be another factor driving market growth. The market since the past decade has been witnessing remarkable R&D on athletic apparel, footwear, and other products for children, which is also a positive force driving their demand in the market.

Establishment of ecommerce players in the market is also an ascending influencer, as parents find it convenient to browse, select, and order their favourite sports accessories and equipment for their kids. There are some exclusively online products available for limited time, which further account for more sales of sports equipment and accessories.

World Cup matches, Commonwealth Games, Olympics, and several leagues and international sports commencing throughout the year seem to inspire kids, due to which they look forward to indulge in their favourite sport. Media is found to be a crucial factor here for more effective advertising and promotion of such events and thereby contributing to market growth.

Major Restraints to Market Growth

Tightening Sports Budgets of High Schools

Around 25% of public high schools in the U.S. are on a low sports budget and if the scenario continues, there is a possibility of not organising any sports or athletics tournaments by them, through 2020. The U.S. being the largest market for kids’ sports equipment and accessories, it is expected to hold a major descending impact on the market sales.

Expensive prices

According to a research by “USA Families in Sports Lab” conducted in 2014, the average annual family financial investment in youth sports was around 2% of the average family’s gross annual income. Some affluent parents also invest over 10% of their gross annual income in their kids’ sports equipment and accessories. Growing costs might play a growth restraint for market in the U.S. as well as most of the developing nations.

Popularity of Online/Video Games

Children today are tech-savvy and more inclined toward playing online or video games at a particular age. This tendency is a major restraint if continues.

Market Trends Forecast

Cricket bats are high in demand, anticipated to capture a big market by 2026.
The use of an integrated sensor in cricket equipment that can measure the performance of an athlete, is an emerging trend in cricket.
The demand for eco-friendly skateboarding equipment is an ongoing trend, expected to continue over the forecast period.
Youth sports tourism, which was not even a part of the world’s sports strategy and planning till the past decade, is currently a growing trend in many national governments. It alone forms a US$ 7 Bn market in the U.S. travel industry.

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Key Players in the Market

Some of the key international players in the global kids’ sports equipment and accessories market are Nike Inc., JD Sports Fashion Plc., Adidas A.G., PUMA S.E., and Cabela’s Inc.

The demand for skateboarding footwear and apparel market is growing since the past few years. Owing to this popularity, major industry players, including Adidas and Nike have started leading the skateboarding footwear market.

The report covers exhaustive analysis on

Kid’s Sports Equipment and Accessories Market Segments
Kid’s Sports Equipment and Accessories Market Dynamics
Kid’s Sports Equipment and Accessories Market Size, 2012 – 2014
Kid’s Sports Equipment and Accessories Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
Kid’s Sports Equipment and Accessories Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Kid’s Sports Equipment and Accessories Market Drivers and Restraints

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Kids’ Sports Equipment and Accessories Market: Segmentation

segmenting the market based on the type of sport, equipment and accessories, age group, price, distribution channel, and geographical region.

On the basis of the type of sports, the market is segmented as

outdoor sports
indoor sports
fitness sports
soccer
cricket
baseball
netball
tennis
badminton
table tennis
carom
air hokey,
others

Based on the fitness equipment and accessories, the market can be segmented into

machines
bench
light weight dumbbells
others

According to the age group of kids, the sports equipment and accessories market is segmented into

6 to 9 years old
10 to 12 years old
10 to 12 years old

By price, the market is segmented into

low
medium
high price

On the basis of distribution channel, the market segmentation includes

offline market
online retailing market
light weight dumbbells
exclusive stores
sports equipment stores
others

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Bird Feeding and Watering Suppliers Market is Anticipated Rise Due to Increasing Adoption of Birds

The bird feeding and water suppliers market to reach a valuation of US$ 4,994.8 Mn in 2022. Sales are projected to increase at a 4.0% CAGR, with the market size reaching US$ 7,390.1 Mn by 2032.

The global bird feeding and water suppliers market has been expanding due to rising demand for bird feeders due to the increasing popularity of keeping birds as pets, rising pet humanization, and raising awareness of the health advantages of having a pet friend. Increased single-parent households caused by urbanization have also contributed to the desire for birds as pets.

The growing popularity of aviculture, gardening, and avitourism in recent years has contributed to a surge in curiosity about birds and the practice of providing food for wild birds.

The environment-friendly bird feeders concept is emerging as a major trend globally. High-quality bird feeders are made of polycarbonate. They are durable and also biodegradable. Wood bird feeders are durable and can easily withstand weather conditions when one hangs them outside.

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As a welcome diversion from the stresses of everyday life, gardening is a popular pastime amongst people of all ages and backgrounds. Another factor that could threaten bird populations is the loss of greenery and forest cover.

Feeders can be placed in strategic areas near water sources to solve this problem. This is what is driving the global bird feeding and water suppliers market. Moreover, the increase in the “bird adoption” rate has significantly aided the growth of the bird feeding and watering suppliers. As a result, a new variety of bird feeders has been introduced in the global market, varying in sizes, shapes, other qualities etc.

Key Takeaways from the Bird Feeding and Watering Suppliers Market Study:

In the last two to three years’ e-commerce sites have contributed majorly to the bird feeding and watering suppliers market
Rising bird adoption in developed countries is anticipated to drive thedemand for bird feeding and water suppliers during the forecast period.
Bird feeding also contains a sort of health advantages for people. Bird feeding relieves stress and provides relaxation. Furthermore, consumers who enjoy gardening embrace the practice of bird feeding with bird feeders and enhance their experience by installing the feeders in their gardens. This is often expected to drive the bird feeding and water suppliers market during the forecast period.
Manufacturers are investing in research and development to expand their product portfolio by offering customers different types and sizes of bird feeders.

Who is leading?

The leading manufacturers of bird feeding and water suppliers are focused on sustainability of the environment that have driven the sales of bird feeding and water suppliers globally.

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Some of the recent developments include:

As of July 2022, a window-mounted, height-adjustable bird feeder was available from Meripac, a British business specialising in items for caring for wild birds. The maximum size of bird able to get the seeds can be customised by the owner. The Window Bird Feeder offered by this manufacturer features a metal cage with pigeon guards and apertures of several sizes.
Central Garden & Pet, a market leader in both the gardening and pet supply industries, purchased D&D Commodities Ltd., a manufacturer of high-quality bird food, in July 2021. By acquiring the latter, the former may increase the variety of bird food it offers and strengthen its ties to major merchants.

Major players present in the bird feeding and water suppliers market are Aspects Inc, Bird Quest LLC, Bird-Feeder Inc, CB Member LLC, Central Garden & Pet Company, First Nature Products Company, Harris Farms, LLC Kaytee Products Inc, Kettle Moraine Woodworking Inc, WoodLink Ltd, First Nature Products, Perky pet, Songbird Essentials, Stokes Select, Aspects Inc, Farm innovators, Little giant, Wonderland, Droll Yankees and Birds Choice among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global bird feeding and watering suppliers market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the bird feeding and watering suppliers market based on by types (tube feeders, hopper feeders, window feeders, platform feeders and others), by material (plastic, metal, polycarbonate and others) by price range (low, medium, and premium), by sales channel (e-commerce websites, company owned websites, hypermarkets and supermarkets, specialty stores and other retail stores) & region.

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Pet Tick and Flea Prevention Market is Projected to Increase at a 4.0% CAGR from 2022

The pet tick and flea market is projected to reach at US$ 8,886.2 Mn in 2022. Sales are projected to increase at a 4.0% CAGR from 2022 to 2032, with the market size reaching US$ 13,150.0 Mn by 2032.

There has been an increase in the adoption of several pet animals worldwide, which is expected to positively impact the pet tick and flea prevention market. The main reason behind this is that adopting pets helps in battling depression.

Additionally, there has been an increase in the trend of pet humanization. In such cases, pet animals are treated no less than a family member, and owners take all possible measures to keep their pets in the best condition. This presents a huge opportunity for the market.

Moreover, there has been a growing concern regarding the increasing cases of zoonotic diseases. The only way to reduce the impact of such diseases is by applying tick and flea prevention products to pets. This is expected to increase the demand for pet tick and flea prevention products during the forecast period.

Moreover, governments and corporates worldwide are conducting awareness programs to convey the importance of pet tick and flea prevention products. The purpose is to ensure that both the pets and the owners remain in sound physical condition.

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Another factor that might increase the demand for pet tick and flea prevention products is disposable income. Because of this, the pet owners are in a much more comfortable position to avail these services.

Thus, from the insights provided by FMI, it can be concluded that increasing concern regarding pet health, coupled with increase in the adoption of pet animals, and plenty of other factors are expected to drive the pet tick and flea prevention market during the forecast period.

Key Takeaways:

The pet tick and flea prevention market is expected to grow at a CAGR of 4% during the forecast period.
The pet tick and flea prevention market has a valuation of US$ 8886.2 million as on 2022.
By 2032, the market is expected to reach a valuation of US$ 13150 million.
North America is currently the largest pet tick and flea prevention market.
Europe is the second largest market.
Asia pacific is expected to be the fastest growing market.
Based on the product, the spot on product is expected to have the largest pet tick and flea prevention market share during the forecast period
Based on the sales channel, E-commerce is expected to be the largest segment in the market during the forecast period
Based on the animal segment, dogs are expected to have the highest market share during the forecast period.

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Competitive Landscape in the Pet Tick and Flea Prevention Market:

The pet tick and flea prevention market is currently experiencing a number of mergers and acquisitions. Apart from that, the key players are investing in the Research and development to manufacture the best quality products.

Some of the recent developments are in the pet tick and flea prevention market:

In July 2022, Boehringer Ingelheim, Evotec, and bioMerieux collaborated to launch Aurobac, which will mainly work to fight antimicrobial resistance.
In May 2022, Ceva Sante Animale expanded oral rabies vaccine portfolio with the acquisition of Canadian firm Artemis Technologies.

Pet Tick and Flea Prevention Market by Category

By Product:

Oral pills
Spray
Spot on
Powder
Shampoo,
Collar
Other products (Injection, Drops, and Dips)

By Animals:

Dogs
Cats
Other animals (Mice, Rats etc.)

By Sales Channel:

E-commerce websites
Company websites
Specialty stores
Pharmacy stores
Mega retail stores
Others (Individual Stores, Departmental Stores, etc.)

Key Companies Profiled in the Pet Tick and Flea Prevention Market

Key Companies Profiled in the Pet Tick and Flea Prevention Market are Ceva Sante Animale S.A,., Ecto Development Corporation, Eli Lilly and Company, Merck Animal Health (Merck & Co., Inc.),Sergeant’s Pet Care Products, Inc., The Hartz Mountain Corporation, Virbac Corporation, Wellmark International, Inc., Central Life Sciences, Advanced Pet Care of Northern Nevada, Penn Veterinary Supply, Inc., Petsburgh Pet Care Inc.,Pipestone Veterinary Services, Precious Pet Services Pvt. Ltd., SPC Pet India, Boehringer Ingelheim Group

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Baby Food Dispensing Spoon Market is poised to expand at 6% CAGR over the forecast period by 2032

The baby food dispensing spoon market size is likely to record a strong CAGR of 6% during the forecast period. The baby food dispensing spoon market is currently valued at US$ 68 Bn in 2022 and is likely to reach US$ 129 Bn by 2032.

Due to the introduction of cutting-edge items used in the production of baby products for parents’ convenience, sales of baby food dispensing spoons are anticipated to increase. Baby food dispensing spoon usage is expected to increase, which will help to boost the market share for these products by enabling mess-free feeding of the infant and cutting down on feeding time.

The study provides information on the elements boosting baby food dispensing spoon sales and, consequently, the potential for market participants. The market for baby food distributing spoons does, however, face several obstacles that could prevent it from growing to its full potential. Several significant market trends for infant food dispenser spoons are boosting demand.

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What are the Key Dynamics to the Baby Food Dispensing Spoon Market Share?

One of the factors boosting the sales of baby food distributing spoons is the ability of one hand feeding the children without making a mess. The market for infant food dispensing spoons has grown significantly, which benefits multitasking parents and the rising number of working mothers.

The infant food dispensing spoon’s ergonomic design takes baby teething into account and reduces pain. Food leakage proof, convenience of carrying, clear graduations to ensure precise measurement of baby food, odour, and stain-resistant spoons are other elements driving demand for baby food dispensing spoons.

However, a lot of food sticks to the bulb of the baby food dispenser spoon. Additionally, the infant food dispenser spoon is only effective with liquids like milk and purees. The meal must be sufficiently fluid to fit through the tiny aperture. Baby food dispensing spoon sales are increasing, however they are being constrained by these design issues.

Baby food dispensing spoon sales must increase in order to address these issues with more inventions and solutions.

Which Region holds the Highest Growth Potential in the Baby Food Dispensing Spoon Market?

Given the variety of products and brands accessible, the infant food dispensing spoon market is mostly present in East Asia.

Due to the high level of female empowerment, infant food dispensing spoons sell well in North America and Europe.

Baby food dispensing spoon demand in Oceania is increasing as a result of manufacturers’ marketing of the product.

Due to the manufacturers’ increasing focus on market penetration and greater product introductions in these countries, it is projected that sales of infant food dispensing spoons would gradually expand in Latin America, South Asia, the Middle East, and Africa.

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How is the Competitive Landscape in the Baby Food Dispensing Spoon Market?

The key players of the baby food dispensing spoon market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use as consumer product solutions to thrive business. This is driving the sales of baby food dispensing spoon.

Some of the key participating players indulged in the sales of baby food dispensing spoon are:

MeeMee’s
1ststep
TOMY
BOON
Haakaa USA
Munchkin Inc.
Yiwu Oulu Silicone Prodcts Co. Ltd.
Gz Ruilong Baby Product Co. Ltd
BrandBucket
BabyCenter L.L.C

Regional analysis

North
America;
Latin
America;
Europe;
Middle
East

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Aquaculture Therapeutics Market is likely to reach US$ 4190.3 Mn by 2032 | FMI

[323 Pages Report] The global aquaculture therapeutics market is expected to reach $4190.3 million by 2032, up from $1634.8 million in 2022, at a 9.9% CAGR during the forecast period. The growing need for effective aquaculture treatment is expected to drive up demand for aquaculture therapeutics. Furthermore, the rising prevalence of bacterial illnesses among aquaculture species drives the aquaculture therapeutics market growth.

Aquaculture Therapeutics Market: Drivers and Restraints

A lot of advances are taking place in the aquaculture therapeutics as there are several diseases which are affecting the animals cultured in the aquaculture. There are several diseases which are driving the aquaculture therapeutics market. Mostly the diseases are dependent on hygiene conditions which are to be maintained. Advances in aquaculture therapeutics, and growing demand for the more effective aquaculture therapeutic drugs are the factors expected to drive the growth of aquaculture therapeutics market. More over the demand for aquaculture is growing day by day due to the decreasing number of the oceanic fishes and increasing consumption of the fishes at a global level.

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The Farming or the culturing of aquatic animals like the fishes, algae, mollusks, crustaceans, aquatic plants and other aquatic organisms in different types of water is termed as Aquaculture. The cultivation process involves nurturing of these aquatic organism in the controlled condition either in fresh or in salt water. Later on these aquatic organisms are then harvested to be served as the source of nutrition or to be used for many other purposes. The aquatic animals are very sensitive and are prone to various epidemic diseases. Other factors affecting the aquatic cultured animals are Pathogens (e.g. bacteria, viruses, fungi and parasites) exist in all natural water bodies. At the same time crowded culture environment makes the causes high risk for infection and makes the fishes nervous. Crowding also results in fish knocking eventually leading to surface wounds which is a cause for inaction.

These can be cured using several FDA approved antibiotics and other medicines. Apart from diseases medicines are used to improve the wellbeing of the fishes in the aquaculture. The list of drugs includes chorionic gonadotropin, formalin solution, florfenicol, oxytetracycline, tricaine methane sulfonate, hydrogen peroxide, sulfadimethoxine/ormetoprim combination, acetic acid, calcium chloride, calcium oxide, carbon dioxide gas, fuller’s earth, garlic (whole form), ice, magnesium sulfate, papain, potassium chloride, povidone iodine, sodium bicarbonate, sodium chloride, sodium sulfite, thiamine hydrochloride, urea and tannic acid. The above mentioned drugs take care of the aquatic animals fighting with several diseases which are not only harmful to the aquatic animals but are also harmful to the consumer. There are two different categories of diseases which affect the aquatic population viz. diseases due to pathogens which are indigenous to the local environment and exotic pathogens.

Aquaculture therapeutics market: Overview

Despite the long tradition of practicing aquaculture in several countries it is still a growing and a business with great scope. The requirement of aquaculture therapeutics is increasing day by day as more and more countries have stared adopting aquaculture which is cheaper source of protein. As the fishes or the animals are consumed by the human FDA has set up certain regulatory guidelines for the drugs to be administered to the fishes in aquaculture. They are categorized as conditionally approved animal drugs and indexed animal drugs. Depending upon environmental and diseased conditions these drugs are used in the aquatic fishes.

Aquaculture therapeutics market: Regional Overview

Region wise, the global Aquaculture therapeutics market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. China is the leading in the aquaculture market which contributes around 61% of the global aquaculture market which is followed by Indonesia and India.

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Aquaculture therapeutics market: Key Players

Some of the key players in global Aquaculture therapeutics market are

TunaTech GmbH,
ViAqua Therapeutics Ltd,
Alpharma, Inc.

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, type of product and applications.

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 (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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Aquaculture Therapeutics Market: Segmentation

The global Aquaculture therapeutics market has been classified on the basis of product type, end user and geography.

Based on product type, the global Aquaculture therapeutics market is divided into following:

Chorionic Gonadotropin
Formalin Solution
Florfenicol
Oxytetracycline
Tricaine Methane Sulfonate
Hydrogen Peroxide
Sulfadimethoxine/Ormetoprim combination

Based on the end user type, the global aquaculture therapeutics market is divided into following:

Veterinary Pharmacies
E commerce
Veterinary Clinics
Veterinary Hospitals

Report Highlights:

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

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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