Legal Transcription Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

The increasing preference for automation in the jury process is one of the important reasons driving the demand for legal transcription services. The adoption of legal transcription solutions is expected to grow at a significant rate over the forecast period, due to the increasing preference for more secured and reliable operations.

The market for legal transcription was valued at about US$ 1,988.9 million in 2021 and is anticipated to grow at a CAGR of 6.5 percent to US$ 3,267.7 million by 2029. The market for business transcription is only about 30.0% the size of the legal transcription market.

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From the past few decades, technological evolutions are increasingly contributing to different industry verticals, and law firms are one of them. With the constant increase in crime scenes, the need for more advanced, fast, and secure ways of courtroom data recording is increasing rapidly. The interest of law firms has grown regarding the conversion of traditional courtrooms into high-tech courtrooms.

Global Legal Transcription Market: Drivers and Restraints

One of the major factors driving the market for legal transcription software as well as services is the recent boom in legal practice and different types of law firms. Rising crime scenes on a global level are making it crucial to have quick and proficient legal transcription services available on a real-time basis.

In addition to this, the availability of different options such as interrogations, on-time transcription of data, phone calls, training sessions, announcements, and others for legal transcription users is also an important factor driving the growth of the legal transcription management solutions market.

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Key Companies Profiled

  • Huntington Court Reporters & Transcription, Inc.
  • Verbatim Reporting and Transcription, LLC
  • Litigation Services, LLC
  • Aptara Inc.
  • Deposition Service Inc.
  • Court Reporting Services Inc.
  • Optima Juris
  • Lloyd Michaux
  • JML Transcription
  • Auscript
  • Veritext
  • Toronto Court Reporters Ltd.
  • A.S.A.P. Reporting Services Inc.
  • TransPerfect
  • Lexitas Inc
  • NexDep
  • Textnet
  • Pacific Transcription
  • Universal Court Reporting
  • Sullivan Reporting Company
  • Planet Depos, LLC

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Global Legal Transcription Market: Trends

Legal transcription vendors are continually focusing on delivering customer-centric products with advanced flexibility for software users. The deployment of legal transcription over the cloud is a significant trend. Cloud deployment is expected to contribute to significant growth over the forecast period.

In addition to this, the availability of mobile applications for smartphones and tablets is creating new market opportunities, as smartphones allow flexibility to track data from any remote location. These market trends are creating potential market opportunities for software vendors.

Legal Transcription Market Outlook by Category

By Solution :

  • Legal Transcription Software
    • Digital Recording
    • Electronic Reporting
  • Legal Transcription Service
    • Consultation
    • Transcription Services
    • Deposition Suites
    • Case management Services

By End User :

  • Law Firms
  • Law Enforcement Officers
  • Legal Attorneys
  • Court Reporters
  • Others

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • GCC Countries
  • Middle East & Africa

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Industrial Microbiology Market to reach a valuation of US$ 21.56 Bn by 2031

As per the FMI’s analysis, the industrial microbiology market across the U.S. and India is anticipated to expand at an impressive rate over the forecast period.

ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) report forecasts the global industrial microbiology market to exhibit steady growth, surpassing a valuation of US$ 13,3072.73 Mn by 2021-end.

Growing application of industrial microbiology within pharmaceutical and food & beverage industry across China, the U.S., Germany and India will bolster the demand of industrial microbiology across the globe.

Growing adoption of sterility and bio-burden testing within pharmaceutical industry will foster the sales of industrial microbiology products.

Increasing research and development activities along with the increasing drug development within biopharmaceutical industry across the U.S., France, and India will bolster the market growth in the upcoming decade.

Increasing applications in pharmaceutical excipients have encouraged the adoption of sterility and bio-burden testing for the quality testing of drugs and micro-organisms. However, dearth of skilled labor and high cost production is likely to hamper the growth of industrial microbiology.

Due to unprecedented outbreak of COVID-19, sales of industrial microbiology declined by 1.95%, exhibiting a CAGR at 4.95% during the forecast period.

However, with rising initiatives to reduce the pollution and improve the wastewater treatment efficiency, industrial microbiology market valuation will reach US$ 21,566.24 Mn by 2031.

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Key Takeaways from FMI’s Industrial Microbiology Market Study

  • Pharmaceutical industry is anticipated to be the primary end-user of industrial microbiology market
  • Sterility testing is the most preferred test type among the key players backed by the increased application in pharmaceutical industry
  • Increasing application of industrial microbiology in food & beverages is expected to foster the sales, especially across the U.S. and India
  • In terms of product, reaction consumables is expected to lead the segment over the forecast period
  • India is expected to emerge as a lucrative market owing to the expansion of healthcare industry and growing application in pharmaceutical industry
  • Germany is anticipated to be the most lucrative country, accounting for over 31% of global market share
  • China is anticipated to lead the East Asia’s market during the forecast period, registering a stellar growth during the assessment period
  • The U.S. is estimated to be the largest market for industrial microbiology market attributed to the growing consumers demand and surge in adoption of sterility testing in pharmaceutical industry

 “Key players are increasing research & development activities to facilitate drug discovery and food testing within the pharmaceutical & food industry. This, in turn, is likely to widen growth opportunities for the market players over the coming years,” says the FMI analyst. 

Competitive Landscape

Future Market Insights, in its updated report, have profiled prominent players operating in industrial microbiology market which include

  • Thermo Fisher Scientific Inc.
  • Bio-Rad Laboratories Inc.
  • Becton
  • Dickinson and Company
  • Asiagel Corporation
  • Eppendorf AG
  • bioMérieux SA
  • Novamed.
  • QIAGEN
  • Sartorius AG
  • 3M
  • Merck KGaA and Danaher Corporation among others.

Manufacturers of industrial microbiology systems are actively focusing on expanding their product portfolios to improve their revenue generation.

As per FMI, the market is dominated by top players such as Thermo Fisher Scientific Inc. and BioMerieuxx Inc. making the market consolidated.

Targeted mergers and collaborations with top healthcare and pharmaceutical companies is anticipated to be the key strategy to maintain their top position in the industry.

New product launches with the expansion of their existing product range is one of the common market strategy for the key players. For instance:

In March 2020, leading player, Danaher Corporation announced the acquisition of the biopharma business from the Life Sciences Division of General Electronics. With this acquisition, the company has been renamed as Cytiva and will be functioning as a standalone company within the Danaher Corporation.

More Insights on the Global Industrial Microbiology Market

Future Market Insights, in its latest report, offers an incisive coverage on the global industrial microbiology market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is classified on the basis of product type (equipment and systems, reaction consumables, and others), test type (sterility testing, microbial limits testing, and bio-burden testing), and end user (pharmaceutical & biotechnology, food & beverages, agriculture & environmental, and personal care products) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

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Industrial microbiology Market by Category By Product Type:

  • Equipment and Systems
    • Filtration Pumps and Systems
    • Microbial Detection Systems
    • Air Monitoring Systems
    • Automated Equipment
    • Incubators and Culture Apparatus
    • Others
  • Reaction Consumables
    • Media
    • Simple Media
    • Complex Media
    • Defined Media
    • Specialty Media
    • Reagents and Strains
  • Others
    • Laboratory Supplies
    • Bags and Bottles
    • Loop and Needles
    • Petri Dishes, Racks, Seals, Plates and Holders
    • Filtration Disc and Membranes
    • Others

By End User:

  • Pharmaceuticals and Biotechnology
  • Food and Beverages
  • Agriculture and Environmental
  • Personal Care Products

By Test Type:

  • Sterility Testing
  • Microbial Limits Testing
  • Bio-burden Testing

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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 9-years.

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Food Preservatives Market is expected to have a steep growth to reach USD 5,019.8 Mn-FMI

The global food preservatives market is estimated to have a value of USD 2,600 Mn in the year 2021 and is expected to have a steep growth to reach USD 5,019.8 Mn with a CAGR (compounded annual growth rate) of 6.8%.

With changing lifestyles and dynamic routines, consumers prefer convenient food like ready to eat or ready to cook which has increased shelf life. Since preservatives are extensively used in most food products to increase shelf life, it is expected to have robust growth.

Although synthetic is considered more efficient for preservation, consumers are following the trend for natural products, which has boosted the growth of natural food preservatives like rosemary extract that have antioxidant properties. The trend for consuming organic preservative and chemical-free food can cause an obstacle to the growth of the segment. Hence industries are focusing more on natural preservatives to align with the customer’s interest and maintain demand for the preservatives. Increasing health awareness and growing demand for processed food is likely to boost the global food preservatives market.

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Consumers are more interested in where their food comes from and how it is prepared than ever before. With the rise of social media, people are taking to the internet to share photos of their meals and recipes. This has led to a resurgence in home cooking and an increased demand for fresh, unprocessed foods.

Food manufacturers are responding to this trend by launching new products that do not require preservatives. These products include refrigerated doughs, sauces, and dressings. They are made with simple ingredients that can be used to create quick and easy meals.

Many of these products are also organic and gluten-free. This makes them popular with health-conscious consumers who are looking for ways to reduce their exposure to artificial chemicals and additives.

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The global market for Food Preservatives is witnessed H1 2021 growth at magnitude of 6.7%. However, this growth is not evenly spread across all regions, with the developing markets recording higher growth rates of 6.8% (H1 2022 Expected). Thus, leaving the gap of +74.8 BPS points between expected and projected growth during H1 2022.

The use of food preservatives has been a trend in the food industry for many years. Preservatives are used to maintain the quality and freshness of food products. The most common types of preservatives are salt, sugar, vinegar, and oil. These preservatives are effective in preventing the growth of bacteria and mold. They also help to extend the shelf life of food products.

Preservatives are not only used in food products, but also in cosmetics and pharmaceuticals. In fact, preservatives are one of the most commonly used ingredients in personal care products. There are a variety of different types of preservatives that can be used, including parabens, sulfates, and phthalates.

While there is some controversy over the use of preservatives, they remain an important ingredient in many consumer products.

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Quality Warranty Management Market 2022 New Technological Development Projecting Massive Growth till 2032

Competitive environment around the globe makes manufacturer to produce a high quality product in affordable cost. With regulatory standards of agencies like FDA and ISO quality warranty management Market has become an important business. Business marketers become successful only when they produce quality of product rather than quantity. It is a task of managing a product or service in most efficient manner thereby winning the customers loyalty repeatedly, helping business and organization to raise their productivity.
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https://www.futuremarketinsights.com/reports/sample/rep-gb-1748Quality is a critical parameter which makes a distinction from competitors. It establishes changes in systems and processes helpful for superior quality and services. Some of the features of quality management includes inventory inspections, advanced quality process planning, and statistical process control cost of quality, audit trails, customer and material supplier analysis. Various quality management models and system makes easier for any type of company to handle its quality issue efficiently.

Total Quality Management (TQM) or six sigma have intent of producing high grade products by reducing defects in processes or systems. The Lean methodology the one adopted by Toyota for quality management, identifies the need of customers and thereby focuses in removing the non-value added processes. The software like QHSE (Quality, Health, Safety and Environment) risk and compliance software is one of the most widely used software by big companies in managing their tasks efficiently.

Quality Management Market: Drivers and Restraints

A happy customer to a greater extent leads more people to buy any item which has excellent quality. Increased quality concern issues, easy handling of complex processes, strict regulations of ISO, FDA,   improved product quality, reduction in cost, increased customer satisfaction, defect reduction, increased market image drives the quality management market. Initial introduction costs i.e training people with new changes in process can sometimes restraint the market for quality management market to grow.

Quality Management Market: Region Wise Outlook

The global quality management market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. North America, Japan and Europe stands apart in quality management market due to adoption of advanced quality tools and methodologies with high standard of living. Asia Pacific and Middle East are expected to grow eventually higher in forecast period as they emerging at a fast pace.

Key Players

  • QHSE Integrated Solutions
  • IQMS
  • Plex Systems
  • Etq Inc.
  • Integrum Management Services
  • Integrated Quality Services Co. Ltd
  • SGS Company
  • Sparta Systems

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 market segments such as geography, technology and applications.

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

Quality Management Market: Segmentation

On the basis of quality management tools Quality Management market can be segmented as follows:-

  • Cause and effect / Ishikawa
  • Check sheet
  • Control Chart
  • Histogram
  • Pareto Chart
  • Scatter Diagram
  • Stratification Diagram
  • Six sigma

On the basis of quality management principles Quality Management market can be segmented as follows:-

  • Customer focus
  • Leadership
  • Engagement of people
  • Process approach
  • Continual Improvement
  • Evidence-based decision making
  • Relationship management

On the basis ofquality management system Quality Management market can be segmented as follows:-

  • Quality planning
  • Quality Assurance
  • Quality Control
  • Quality Improvement

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Antioxidants Market is expected to generate about 68.1 KT in 2025

The food antioxidants market is anticipated to increase at a CAGR of 9.2% from USD 2,100 Mn in the year 2022 to USD 5,063Mn by 2032 globally. It is expected to generate about 52.4 KT in 2022 and 68.1 KT in 2025, with a CAGR of 5.4% throughout that time.

Health benefits of consuming antioxidants have been witnessing an uptick in terms of awareness of consumers towards them. With every passing year, more consumers are being informed about the benefits of consuming antioxidants through food and beverages. Changing diet patterns of consumers and a significant rise in global meat consumption has further surged the demand for antioxidants. Some of the key advantages of consuming antioxidants include:

  • Counteracting the effects of free radicals produced naturally in our bodies
  • Different antioxidants can benefit different parts of the body; from eyes and heart to prostate and urinary tract
  • Protecting skin from photo-oxidation of UV rays
  • Supporting the immunity system by protecting cellular DNA and cell membranes from mutation

An exclusive research study by Future Market Insights projects that factors as such are observed to be the key drivers for the growth of the global antioxidants market. Their health benefits will drive their demand in the assessment period, 2022-2032, as the report projects a steady expansion of the global antioxidants market through 2020. During this forecast period, the report expects that increasing intake of antioxidants in optimizing one’s health and improving memory abilities will also serve as a proponent in driving the sales of products containing antioxidants.

Key Companies in the Global Antioxidants Market

According to the report, companies namely, Aland (Jiangsu) Nutraceutical Co., Ltd., Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreco N.V., and Vitablend Nederland B.V. are observed to remain active in the expansion of the global antioxidants market through 2020. A majority of these producers will be striving the balance the negative effects of antioxidants consumption by boosting the health-benefitting properties of their products.

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Recent Trends in Food Applications of Antioxidants

Key trends that will be influencing the use of antioxidants in the food and beverage industry have been analyzed in the report. They include:

  • Scientific developments in antioxidant action on lipids
  • Use of antioxidants as an antimicrobial agent
  • Hormone research studies proving the key role of antioxidants in protecting the membranes of tissues and cells
  • Growing use of emulsified oils in production of food products
  • Rising adoption of in-situ extraction
  • Increasing consumption of uncomminuted food such as roasted beef
  • Surging demand for pre-cooked frozen fast foods and freeze-dried foods, among others

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Global Antioxidants Market: Segmental Analysis and Regional Insights

The report projects that the demand for antioxidants will be greatly influenced by the changing undercurrents of the food and beverage industry. An extensive value chain analysis and opportunities assessment has been provided in the report to extend the reader’s knowledge on untapped growth potential of the global antioxidants market.

The global market for antioxidants has been segmented on the basis of type of antioxidants and region. With respect to the product-type, the demand for natural antioxidants over synthetic antioxidants is anticipated to remain significantly high through 2020. The report also projects that natural antioxidants will register the fastest revenue growth throughout the forecast period. On the basis of geographies, the global antioxidants market has been further segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. Among these, North America is anticipated to represent the largest market for antioxidants. Robust growth in food & beverage industry, coupled with high meat consumption, will be driving the demand for antioxidants in the US and Canada. The APAC antioxidants market is also anticipated to remain lucrative for manufacturers through 2032.

The report covers exhaustive analysis on:

  • How much is the Antioxidant consumer market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Antioxidant sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Antioxidants?
  • Who are the major players in the Antioxidant Consumer Market?
  • At what rate will the U.S. Antioxidant consumer market grow?

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India Gin Market estimated to account for 34.8% in Southern India

Future Market Insights (FMI) has published a new report, which is titled, “Gin Market: Driven By Changing Lifestyle and Expanding Urban Population – India Industry Analysis and Opportunity Assessment, 2015 – 2025.” The Indian gin market is witnessing a steady rise on account of the growing urban population and changing demographics. The change in outlook of the Indian society towards social consumption of alcohol is driving the growth of the gin market.

The increase in the consumption of alcohol among women has also fueled the growth of the alcohol market. In addition to this, the growing disposable income of the people and thus the transformed buying and spending pattern of consumers in urban areas specially, will push the growth of the gin market in India. Moreover, the increasing popularity of bar and cocktail culture in urban cities will also drive the gin market in India.

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The report gives a comprehensive analysis of the various factors driving the growth of the Indian gin market as well as those factors that restrict the growth of the market. The impact analysis of the same is also given. The various macroeconomic factors as well as government regulations impacting the gin market are also given. The current trends in the gin market as well as the future opportunities have been analyzed. Based on all these factors, as well as the present and past market value, the future market size is predicted.

One of the trends in the market is the production of gins with local and alternative botanicals. Citrus flavors are expected to become trendy. As numerous craft and classic cocktails make use of spirit, the market will grow for gin. As there is a variety of gin cocktails to select from, gins are becoming increasingly popular among consumers. The report segments the gib market on the basis of key criteria and reveals the leading, declining, most sluggish, and fastest growing segments and sub-segments.

On the basis of product, the global gin market is segmented into economy segment and premium and luxury segment. Of these, the economy segment is estimated to lead and expand at a significant CAGR. The premium and luxury segment will witness a slight rise on account of the growing demand for premium products in the country. On the basis of region, the market for gin is segmented into East, West, North, and South India. Of these, the gin market in South India is leading. In 2015, the Southern India gin market accounted for 34.8%, the western region accounted for 28.2%, and Eastern India accounted for 12.4%. Gin manufacturers are anticipated to expand their business in the Eastern India through tie-ups with regional distributors in the coming years.

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The report profiles key players in the Indian gin market for the purpose of study. Following are the leading players in the gin market. Tilaknagar Industries Limited, United Spirits Limited, Jagatjit Industries Limited, Mohan Meakin Limited, Radico Khaitan Limited, Globus Spirits Ltd., SNHL India Pvt Limited, Deejay Distilleries Pvt Limited. Players are focusing on geographical expansion. Innovation is a key strategy among players in this market. Players are investing in research and development and also participating in mergers and acquisitions so as to gain a competitive edge.

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Sodium Reduction Ingredients Market value of USD 9,665.4 Mn in the forecast year of 2022 to 2032

The global sodium stearoyl lactylates market size is expected to develop at a CAGR of 7.1% from 2022 to 2032. The market is projected to reach a valuation of approximately US$ 498.7 Mn by 2032. The global sodium stearoyl lactylates market is anticipated to be valued at US$ 309.3 Mn in 2022.

With radical improvements in the global economy, there has been a significant surge in the per capita disposable income of consumers across the globe. Growing trends of globalization and urbanization in the majority of countries worldwide and increasing awareness regarding the availability of a wide variety of new flavors for food & beverages are expected to boost the global sodium stearoyl lactylate market in the forecast period.

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High demand for ready-to-eat food products and increasing popularity of the dine-out trend in various parts of the globe, especially among the millennial population, are anticipated to augur well for the sodium stearoyl lactylates market in the evaluation period. With rapid growth of the food & beverages sector, especially the bakery & confectionery and processed food industries, the demand for sodium stearoyl lactylate is likely to grow at a fast pace in the upcoming decade.

Key Takeaways from Sodium Stearoyl Lactylate Market Study

  • By nature, the natural segment is set to witness a prominent CAGR of 7.4% from 2022 to 2032 to reach a valuation of US$ 498.7 Mn in 2032.
  • Based on end use, revenue of the bakery & confectionery segment is expected to grow by 7.1% during the forthcoming period of 2022-2032.
  • By form type, the fine powder segment exhibited a considerable growth rate of nearly 6.8% between 2020 and 2021.
  • The global sodium stearoyl lactylate market exhibited steady growth at a CAGR of 5.6% in the historical period (2017-2021).
  • The U.S. sodium stearoyl lactylate market is projected to grow at a CAGR of around 6.1% over the next ten years.

“Growing use of sodium stearoyl lactylates in processed foods is one of the key factors driving the global market forward. Additionally, rising foreign direct investments and introduction of contemporary retail formats are some of the other factors driving the processed food industry, which would propel the sodium stearoyl lactylate market in the evaluation period,” says a Future Market Insights analyst.

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East Asia to Remain at the Forefront in the Sodium Stearoyl Lactylate Industry

In East Asia, expansion of the local food and beverage industry is mainly attributed to increasing production of new food ingredients across China and other emerging economies. It has also driven the demand for sodium stearoyl lactylate in China. Thus, the sodium stearoyl lactylate market in China is projected to expand at a moderate rate in the evaluation period.

The food and beverage industry in North America is expected to grow at a steady pace owing to the high consumer spending in dining out. The Europe food and beverage industry, on the other hand, is a crucial contributor to the region’s economy, and therefore the demand for sodium stearoyl lactylate is set to surge at a rapid pace in the region. The MEA sodium stearoyl lactylate market is estimated to grow at a significant rate on the back of increasing demand for ready-to-eat food items among the youth population.

Competitive Landscape: Sodium Stearoyl Lactylate Market

According to FMI’s new report, Merck KGaA, Tate & Lyle Plc., Kowa Europe GmbH, Zhejiang Synose Tech co., Niacet, Savannah Surfactants, Parchem Fine & Specialty Chemicals, Ivanhoe Industries, DuPont, Lubrizol, Musashino Chemical Laboratory Ltd., Cargill Inc., BASF, Kerry Ingredients & Flavors, and DSM Nutritional Products among others are some of the key sodium stearoyl lactylate brands.

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Explore More Valuable Insights on Sodium Stearoyl Lactylate Market

Future Market Insights, in its new report, offers an impartial analysis of the global sodium stearoyl lactylates market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. The study offers compelling insights based on the nature (natural, synthetic), form type (fine powder, hydrate), formulation type (oil in water, water in oil, water in silicone), end use (dairy products, food & beverage industry, meat & poultry, alcoholic beverages, bakery & confectionery, convenience products, cosmetics & personal care products, plastic industry, pet food) across seven major regions of the world.

About Food & Beverage Division at Future Market Insights

The food & beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Explosion Proof Equipment Market review In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The global explosion proof equipment market review is expected to grow from US$ 7,272.9 Million in 2022 to US$ 10,037.2 Million in 2032. According to FMI, the market is predicted to grow at a CAGR of 3.3% over the forecast period from 2022 to 2032.

On the other hand staggering of mineral and mining industries globally are becoming the key restraint for the global explosion proof equipment market.

Explosion is defined as an extreme increased in the energy of a system, which can be nuclear, mechanical or nuclear in an uncontrolled amount result in increasing in temperature and evacuation of gases. There are so many sources responsible for the explosions, some of them are increased pressure, nuclear reactions, leakage of gases, dust and others. In order to prevent these explosions, several types of prevention measures are being taken in to account at a time of  designing products for electrical, mechanical, nuclear and chemical use and these devices/products are termed as explosion proof.

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Explosion Proof Equipment: Segmentation

Segmentation of explosion proof equipment market is done on the basis of protection type, flammable substances, by explosive characteristics, by applicable systems, by verticals & by geography. Based on the protection type, segmentation of explosion proof equipment is done as explosion proof/explosion containment, explosion prevention/limiting energy, explosion segregation (isolation).

On the basis of flammable substances, explosion proof equipment is segmented as Class 1, Class 2, and Class 3. By area classification segmentation of global explosion proof equipment market is done as Division I & Division II. On the basis of explosive character sticks, global explosion proof equipment market is segmented as zone 0, zone 1, zone 2, zone 20, zone 21, and zone 22.

Explosion Proof Equipment: Key Players

The key players of global explosion proof equipment market are Adalet, Alloy Industry Co. Ltd., eaton, S.C. UMEB SA, Warom Technology, Inc. Alloy Industry Co. Ltd. & others.

The report covers exhaustive analysis on:

  • Explosion Proof Equipment Market Segments
  • Explosion Proof Equipment Market Dynamics
  • Historical Actual Market Size, 2014 – 2015
  • Explosion Proof Equipment Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Explosion Proof Equipment Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Explosion Proof Equipment Market Drivers and Restraints

Regional analysis for Explosion Proof Equipment market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other 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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Explosion Proof Equipment Market

by applicable system explosion proof equipment is segmented into following segments such as

  • switchgear
  • surveillance & monitoring systems
  • material handling systems
  • lifting systems
  • cable glands
  • power generation
  • distribution systems
  • others.

Geographically, explosion proof equipment is segmented into seven regions which are ;

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East and Africa (MEA)

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

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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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Dietary Supplements Market accelerating with a CAGR of 8% by 2022-2032

The dietary supplements market is anticipated to reach a valuation of US$ 350.96 Billion by 2032, exhibiting a robust CAGR of 8% over the forecast period of 2022-2032. Rising health trends and increasingly health-conscious consumers are driving the market expansion for dietary supplements in the global arena.

Increasing incidences of lifestyle diseases like obesity and diabetes, growing prevalence of high blood pressure and other cardiovascular diseases promote the growth of dietary supplements market. Additionally, rise in the number of people who have added dietary supplements like vitamin pills and gummies into their regular diets propels the market growth.

With obesity and malnutrition cases on the rise across various countries, the demand for dietary supplements is running high. Government initiatives to promote health and wellness for all ages contribute to the rising demand for dietary supplements. Furthermore, growing awareness about health and fitness, proper diet, and weight control supplement the sales of dietary supplements.

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“Growing focus on improved health and fitness regime and invested interest in weight loss will likely raise the sales of dietary supplements in the global market,” says an FMI analyst.  

Key Takeaways:

  • Lifestyle diseases and fitness trends influence the dietary supplements market.
  • Sales of dietary supplements in sports nutrition is likely to exceed a CAGR of 11%.
  • North America is predicted to record highest growth rates during the forecast period.
  • Western Europe is expected to exhibit 9% CAGR over the assessment period.
  • France and Germany will lead dietary supplements market in West Germany.
  • Japan dietary supplements market is expected to expand at 8.4% CAGR during the forecast period.
  • Dietary supplements market in India will record a CAGR of 11.2% during the assessment period.
  • Women and senior citizens account for highest consumption of dietary supplements.
  • By ingredients, vitamins and minerals dietary supplements are expected to lead the market.

Competitive Landscape 

Global Dietary Supplements Market Key Players 

  • Amway Corp.
  • Glanbia PLC
  • Abbott
  • Bayer AG
  • Pfizer Inc.
  • ADM
  • Nu Skin Enterprises, Inc.
  • GlaxoSmithKline plc
  • Bionova
  • Ayanda
  • Arkopharma
  • Herbalife International of America, Inc.
  • Nature’s Sunshine Products, Inc.

are some of the key players in the dietary supplements market that are profiled in the full version of the report.

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The global players in the dietary supplements market are investing in inorganic marketing strategies to extend their market reach. Strategic mergers, collaborations, and partnerships are being executed to improve the supply chain channels.

More Insights into the Dietary Supplements Market Report

In its latest report, FMI offers an unbiased analysis of the global dietary supplements market, providing historical data from 2017 to 2021 and forecast statistics for the period 2021-to 2031.

To understand the global market prospect, growth, and range, the market is segmented based on form (soft gel/pills (confectionery products (gummies, chews, others), pharmaceutical products (chewable pills and pills, soft gel)), powder, liquid)),ingredients (vitamins & minerals, amino acids, botanical supplements, others), application (weight loss, sports nutrition, general wellbeing, immune & digestive health, bone & joint health, heart health, others), distribution channel (pharmacies/ drugstore, health & beauty stores, hypermarket/ supermarket, internet, direct selling), end use (men, women, senior citizens, others) and region.

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Dietary Supplements Market Regional Analysis

North America is predicted to register the highest growth rate during the forecast period. Rising preference for nutrition, increasing cases of obesity and diabetes along with a growing focus on weight loss and obesity management will lead the regional market growth. Countries like the U.S and Canada are registering a high demand for dietary supplements due to prevailing health and fitness trends. North America dietary supplement market is expected to grow at 9.2% CAGR during the forecast period.

France and Germany are leading the dietary supplements market in Western Europe. Rising incidences of vitamin D deficiency post-pandemic in these countries is responsible for this regional growth.

The U.K is another nation in Europe that shows substantial market growth potential. The U.K. is expected to register a growth rate of over 9% during 2021-2031. Post-covid impact on the immune health of people as well as health and fitness trends account for the notable market growth.

India, too, presents potential growth opportunity for the dietary supplements market. The vast population, poor dietary habits, rising cases of lifestyle diseases and growing geriatric population presents ample growth opportunities for the dietary supplements market.

Japan is expected to register a CAGR of 8.4% in the dietary supplements market over the forecast period. The rapidly rising geriatric population, western food habits and poor diets account for the rising demand for dietary supplements in the region.

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Dietary Supplements Market Segmentation Analysis

By ingredient type, vitamins and minerals sub-segment will dominate the dietary supplements market during the forecast period. Increasing weight concerns, growing awareness about the importance of healthy diet, and rising cases of vitamin and mineral deficiency account for the anticipated lucrative market growth of the sub-segment.

Based on end use, women and geriatric population are leading the demand for dietary supplements. Increasing health awareness among women and rising geriatric population with multiple health issues have raised the sales of dietary supplements in the global market.

Dietary Supplements Market by Segmentation

By Form:

  • Soft Gel or Pills
    • Confectionary Products
      • Gummies
      • Chews
      • Others
    • Pharmaceutical Products
      • Chewable Pills and Pills
      • Soft Gel
  • Powder
  • Liquid

By Ingredient:

  • Vitamins & Minerals
  • Amino Acids
  • Botanical Supplements
  • Others

By End-use:

  • Men
  • Women
  • Senior Citizen
  • Others

By Application:

  • Weight Loss
  • Sports Nutrients
  • General Well Being
  • Immune Health and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Others

By Distribution Channel:

  • Pharmacies Drug Store
  • Health & Beauty Stores
  • Immune Health and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Other

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Intelligent Enterprise Data Capture Software Market Worth US$ 21.1 Billion by 2029 | Report by FMI

The Intelligent Enterprise Data Capture Software Market valuation of US$ 9 Bn in 2022 and US$ 21.1 Bn by 2029, expanding at a CAGR of 12.9% from 2022 to 2029. Future Market Insights (FMI) has recently published a market research report, titled “Intelligent Enterprise Data Capture Software Market – Global Industry Analysis 2014 – 2021 and Opportunity Assessment 2022 – 2029.” Intelligent enterprise data capture software takes control and accumulates a large volume of structured, semi-structured, and unstructured data.

Intelligent enterprise data capture software enables the rapid transformation of critical business documents into business process-ready digital content by using advanced recognition technology. Intelligence enterprise data capture software uses various technologies to capture all kinds of data such as texts, pictures, printed documents, and several others.

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Growth of Enterprise Application Realm Favoring Adoption

Digitisation of industries across the globe is increasing. Companies are moving from traditional manufacturing to digital manufacturing and adopting advanced technologies. Increase in investments in industrial IoT technology will bring about a significant change in the near future. Intelligent enterprise data capture software plays a crucial role in industrial automation. Manufacturing, construction, and other industries have witnessed the rapid adoption of advanced technologies.

These factors are positively impacting the intelligent enterprise data capture software market. Due to the growth of industrialisation, the overall enterprise application market has witnessed significant growth in the past couple of years. This is expected to have a cascading effect on the intelligent enterprise data capture software market.

Intelligent enterprise data capture software uses different types of technologies such as optical character recognition, intelligent document recognition, and handwriting recognition. Optical character recognition technology is used to convert different types of machine-printed documents, such as image files, PDF files, or scanned paper documents, into searchable and editable data. Intelligent document recognition technology helps recognise and capture handwritten printed characters from image files.

Handwriting recognition is the ability of a mobile device or a computer to take as input handwriting from sources such as printed physical documents, pictures and other devices, or to use handwriting as a direct input to a touchscreen and then interpret this as text.

SMEs Emerging as Lucrative Targets for Investors

Advancements in the retail industry have revolutionised the adoption of intelligent enterprise data capture software components in various developing as well as developed regions. To meet the growing demand for error reduction and improved accuracy in the East Asia and South Asia regions, several intelligent enterprise data capture software platform providers have started investing in these regions.

The established as well as growing intelligent enterprise data capture software platform providers should focus on expanding their intelligent enterprise data capture software businesses across untapped developing country markets to enhance their global intelligent enterprise data capture software market share.

In addition, it has been observed that growing companies from various sectors are investing significantly on next generation data management solutions and business analytics platforms. Across the world, a growing number of small and medium enterprises are becoming prominent targets for the providers of intelligent enterprise data capture software. Hence, East Asian and South Asian markets are creating new business models for intelligent enterprise data capture software platform providers.

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Competition Insights

Key players are focusing on increasing their market shares in the intelligent enterprise data capture software market by entering into joint ventures and strategic partnerships with regional players. In addition, major intelligent enterprise data capture software market players are also expanding their global presence via strategic mergers and acquisitions. Some of the key players in the global intelligent enterprise data capture software market research report include Microsoft Corporation, SAP SE, IBM Corporation, OpenText Corporation, Oracle Corporation, Hyland Software, Inc., Box, Newgen Software Technologies Limited, M-Files, Oracle Corporation, and Nuxeo.

Key Segments of Intelligent Enterprise Data Capture Software Industry Survey

By Product Type:

  • Intelligent Enterprise Data Capture Software
  • Intelligent Enterprise Data Capture Services

By Deployment

  • On-premise Intelligent Enterprise Data Capture Software
  • SaaS & PaaS Intelligent Enterprise Data Capture Software
  • Hybrid Intelligent Enterprise Data Capture Software

By Line of Business:

  • Intelligent Enterprise Data Capture Software for Finance
  • Intelligent Enterprise Data Capture Software for Sales
  • Intelligent Enterprise Data Capture Software for Human Resource
  • Intelligent Enterprise Data Capture Software for Marketing
  • Intelligent Enterprise Data Capture Software for Legal Sector

By Industry:

  • BFSI
  • Healthcare
  • Media & Entertainment
  • Education
  • Professional Services
  • Construction
  • Retail
  • Government
  • Manufacturing
  • Others

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By Region:

  • North America Intelligent Enterprise Data Capture Software Market
  • Latin America Intelligent Enterprise Data Capture Software Market
  • Europe Intelligent Enterprise Data Capture Software Market
  • East Asia Intelligent Enterprise Data Capture Software Market
  • South Asia & Pacific Intelligent Enterprise Data Capture Software Market
  • Middle East & Africa (MEA) Intelligent Enterprise Data Capture Software Market

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https://lockabee.com/read-blog/32553

https://community.tradetheday.com/post/clinical-data-analytics-market—latest-research-industry-analysis-driver-t–6347f7afdbb63abba002f13d

https://bresdel.com/blogs/254497/Clinical-Data-Analytics-Market-Current-Scenario-Trends-Comprehensive-Analysis-and

https://homment.com/N6ZTJxh3atR3RhSOXQTW

About Us

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 7-years.

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