Seafood Market will grow at a CAGR of 3.6% between 2022 and 2032

The global Seafood market is expected to reach market valuation of US$ 110.2 Bn by the year 2022, accelerating with a CAGR of 3.6% by 2022-2032. Seafood sales grew at a CAGR of 3.3% between 2017 and 2022 and will grow at a CAGR of 3.6% between 2022 and 2032. As per FMI, the U.S. Seafood market totaled USD 28.5 Bn in 2022 which is approximately 25.9% of the global Seafood market.

Digital technology offered new outlets for many fisherfolk and aquaculture suppliers when COVID-19 upended the import/export sector. Those that were quick enough to convert their products to a digital marketplace could sell and deliver straight to customers.

Fish Tiangge, a USAID Fish Right initiative in the Philippines, launched an online platform using Facebook in May 2020 to connect fishermen with local consumers. This single programme linked 6,000 fishermen with almost 300,000 households, boosting local food security and maintaining the livelihoods of thousands of fishermen.

Digital technology is also assisting in the modernization of fishing and aquaculture operations, as well as increasing earnings and raising awareness of sustainable seafood best practises. For example, in India, we’re cooperating with AquaConnect to deliver digital solutions that assist shrimp farmers in identifying quality items and making farm-input purchases. Farmers also receive announcements and documents about growth and disease advisories, as well as advice and information on inexpensive financing and resources to connect to other Indian markets.

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In the coming years, digital technology will continue to be a major source of industry evolution and innovation, particularly when it comes to sustainable seafood trends.

“While COVID-19 presented challenges to many small-scale fisherfolk and aquaculture providers, it also revealed areas where the seafood industry may improve its supply chains to become more robust and sustainable.” said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering Seafood are Amalgam Frozen Foods Pvt. Ltd. (AFFL), American Seafoods Company, Austevoll Seafood ASA, Cooke, Inc., Dongwon F&B, Faroe Seafood, Handy Seafood, Inc., Hansung Enterprise Co. Ltd, High Liner Foods Incorporated, Kangamiut Seafood A/S, Lee Fishing Company, Leroy Seafood Group, Lyons Seafoods Limited, Mowi ASA, Pacific Seafood, Phillips Foods, Inc., Princes, Ltd., Sajo Group, Shanghai Fisheries Group Co., Ltd., Stolt Sea Farm, Surapon Foods Public Company Limited, Tassal Group Limited, Thai Union Group PCL, Tri Marine International, Inc., Trident Seafoods Corporation, Young`s Seafood Limited, Zhanjiang Guolian Aquatic Products Co., Ltd., and Others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Seafood market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

Seafood Market By Category

By Nature, Seafood Market is Segmented as:

  • Organic
  • Conventional

By Source, Seafood Market is Segmented as:

  • Farm Raised
  • Wild Caught

By Product Type, Seafood Market is Segmented as:

  • Ground Fish
  • Pelagics
  • Tuna
  • Salmonids
  • Molluscs
  • Crustaceans
  • Lobsters
  • Crabs
  • Shrimp
  • Other Product Types (Prawns, Trouts, etc)

By Form, Seafood Market is Segmented as:

  • Fresh
  • Chilled
  • Frozen
  • Ambient

By End Use, Seafood Market is Segmented as:

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology
  • Household Retail

By Sales Channel, Seafood Market is Segmented as:

  • Direct
  • Indirect
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

By Region, Seafood Market is Segmented as:

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

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Frequently Asked Questions

  • How Big is the Seafood Market?
  • What is the North America Seafood Market Outlook?
  • At What Rate will Seafood Demand Grow in Europe?
  • At What Rate Will Seafood Demand Grow in Japan?

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Seed Processing Equipment Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2028 | FMI

The Seed processing equipment can change the product’s size, shape, and quality to increase the farm’s output. Additionally, the functional applications for which seed processing equipment is used, such as cereals and grains, fruits and vegetables, oilseeds and pulses, are categorised.

To process seeds, a variety of equipment is used, including aspirators, cleaners, elevators, separators, graders, and polishers. Increased output, improved appearance, high yield, extended shelf life, uniform emergence, and healthy, insect-free seeds that are produced economically are just a few of the many advantages of seed processing.

The main purpose of seed processing equipment is to raise the standard of seed quality. Scalping, debearding, cleaning, and grading are just a few of the tasks that seed processing equipment performs during processing.

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To increase the farm’s output, seed processing machinery can alter the product’s size, shape, and quality. Additionally, the functional applications—such as cereals and grains, fruits and vegetables, oilseeds and pulses—for which seed processing equipment is used are categorised.

Agriculture is the socioeconomic sector that is essential to the expansion of the world economy, and seed production is a crucial component of many agricultural processes.

Seeds contain undesirable material like trash, stones, clods, dirt, and other matter when they are harvested from the field. This undesirable matter must be removed at the time of processing of seed for the further cycle. To remove this undesirable matter and store the quality standard of seeds, seed processing equipment are utilized.

Global Seed Processing Equipment Market: Dynamics

Nowadays, rising demand for food due to the increasing population and changing lifestyle among people will create increasing demand for agricultural industry products. This increased demand is expected to create market opportunities for seed processing equipment market vendors over the forecast period (2018-2028).

Provision of Government incentives and investment schemes to increase agricultural production are expected to shift the focus of crop producers from use of manual agricultural to core technologies including seed processing. As a result, this factor will support the demand of seed processing equipment market by end of 2028.

Further, increasing urban agriculture sector will promote the demand for seed processing equipment market at a global level.

Relatively higher prices of seed processing equipment will hamper the market growth during the forecast period. However, increasing on-farm irrigation projects at a global level will remain the key trend for the seed processing equipment market over the forecast period (2018-2026)

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Global Seed Processing Equipment Market: Regional outlook

On the basis of regions, global seed processing equipment market segmented into seven key regions such as the Middle East & Africa, North America, Latin America, Europe, South East Asia Pacific, China, and Japan. Among all regions, South East Asia & Pacific region is projected to account for a sustainable market share in term of volume owing to increased demand for agricultural activities in the region.

India, Vietnam, and China are anticipated to be key growth markets for seed processing equipment over the forecast period. Europe and North America are expected to exhibit moderate growth for seed processing equipment market during the forecast period.

Global Seed Processing Equipment Market: Key Players 

The global seed processing equipment market is fragmented with numerous players active in the marketplace. Some of the seed processing equipment market participants identified across the value chain of global seed processing equipment market include: CIMBRIA, Lewis M.

Carter Manufacturing, LLC, Lindquist Machine Corporation, Oliver Manufacturing CO, Inc., Universal Industries, Inc., ArrowCorp Inc., Westrup, Alvan Blanch Development Company, Seed processing Holland Inc., PETKUS Technologie and among others.

The seed processing equipment market 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 seed processing equipment market research report provides analysis and information according to market segments such as geographies, application, and industry.

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The Seed Processing Equipment Market report covers exhaustive analysis on

  • Seed Processing Equipment Market Segments
  • Seed Processing Equipment Market Dynamics
  • Seed Processing Equipment Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Seed Processing Equipment Market – Value Chain

Regional Seed Processing Equipment Market analysis includes

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

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

Global Seed Processing Equipment Market: Segmentation

Global seed processing equipment market is segmented on the basis of product type, application areas, and regions as mentioned below.

On the basis of product type, global seed processing equipment market can be segmented as mentioned below:

  • Aspirator
  • Cleaner
  • Elevator
  • Separator
  • Graders
  • Polishers
  • Other seed processing equipment

On the basis of application areas, global seed processing equipment market can be segmented as mentioned below:

  • Oilseeds & Pulses
  • Cereals & Grains
  • Fruits & Vegetables

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Flue Gas Desulphurization Market Forecast Leaders & Key Revenue Pockets

Sulphur dioxide (SO2) emissions are caused by combustion of fossil fuels, such as coal and oil. Waste materials including tires, municipal solid wastes, industrial process waste, etc. are the other major contributors of sulphur dioxide emissions. All the prominent industrialized nations around the globe have formulated regulations concerning mitigation of carbon and sulphur dioxide emissions. Flue gas desulfurization (FGD) is a technology which removes sulphur dioxide (SO2) from the flue gas emitted from fossil-fuel power plants prior to its release into the atmosphere.

Flue gas desulphurization market Forecast report assesses the market opportunity for flue gas desulphurization devices, equipment, or machinery. FGD technology is based on the chemical reaction between the warm exhaust gases and limestone which reduces up to 92% of sulphur dioxide from the flue gas. FGD technology is mainly used in coal-fired power stations to remove sulphur dioxide in the flue gases. FGD technology is also referred as sulphur dioxide scrubbing process.

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Flue Gas Desulphurization Market Segments

Flue gas desulphurization market can be segmented by method, by type and by application. On the basis of methods of treatment, the flue gas desulphurization market can be segmented into scrubber, SNOX and wet sulphuric acid process. Scrubber method can be further bifurcated into dry and semi-dry process. Based on the solid or flue gases generated by the industry processes, FGD technology can be classified by type as once through and regenerable. Once through system disposes the waste sorbent and regenerable system recycles the sorbent. Regenerable systems are costlier than the once through systems. Both the systems can be further categorized as wet, dry and semi-dry. Cost of maintenance and operation is higher in dry FGD as compared to wet FGD. However, dry FGDs are available at cheaper rate than wet FGDs. FGD technology segmentation by application are cement manufacturing plants, chemical industries, iron and steel industries, power generation and others. Major benefits of FGD Technology are SO2 removal efficiencies from 50-90%, reusable reactive products and inexpensive reagents.

Flue Gas Desulphurization Market: Key Drivers

The key market drivers of FGD technology is the government regulations in emission control, increase in electricity demand, growth in reagent and equipment replacement market and increase in the number of coal-fired power plants, particularly in APAC countries due to increase in energy demand. Installation coal-fired power plants is a major trend in China and is anticipated to have an increasing demand in India also, in the coming years due to increase in industrialization. Existing and old systems in industrial processes are the key drivers of reagent and equipment replacement market.

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Regional Outlook on Flue Gas Desulphurization Market

APAC is expected to exhibit a steady growth during the forecast period. Due to the regulatory programs such as Clean Air Interstate rule (CAIR), various state programs such as North Carolina Clean Smokestacks Act will have a positive impact on the demand for FDG installations in electricity utility boilers. Europe and other developing nations are into a decision of reducing nuclear power due to its negative impact on environment which will in turn increase the construction of coal-fired power plants increasing the demand of FDGs. The key market players in FGD market are Alstom S.A., Ducon Technology Inc., Mitsubishi Heavy Industries, Marsulex Environmental Technologies, Siemens Energy, Babcock and Wilcox.

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Material Handling Equipment Market Size Predictions : USD 52,342.6 Million by 2032

Material handling equipment market are commonly used in warehouses or manufacturing plants for various operations such as quick movement of goods or products, locating stock, preparing orders and localizing stock.

This has intensified the need for optimum utilization of equipment, demand for flexibility in warehouse operations, customer satisfaction and supply chain transparency.

In the coming years, vision guided robotics, to reduce excessive downtime at warehouses, growing automation and technology advancements in material handling equipment are driving the market for the global material handling equipment market.

However, the global material handling equipment market growth may be inhibited due to growing material handling equipment prices, rising steel prices and lack of skilled labor.

Automated Material Handling Equipment witness High Demand in Modern Industrial Applications

A majority of manufacturers in various industrial areas are highlighting the importance of their personnel and employees, which is triggering the use of automated material handling equipment.

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Especially in manufacturing operations in hazardous environments, manufacturers are preferring minimal manual processes and more automation. This is expected to trigger the inclination towards automated material handling equipment, as a mounting number of end-use industries are exhibiting willingness to take advantage of automated material handling equipment.

While the rising trends of factory automation are contributing to the upsurge in demand for automated material handling equipment, their high installation costs continue to remain a hindrance.

Though this high-tech material handling equipment are replacing their traditional counterparts, small businesses in end-use industries are struggling to deal with the high maintenance and initial costs of adopting material handling equipment.

Manufacturers in the global material handling equipment market will have to implement a strategy to keep manufacturing costs under control and offer equipment for small end users in the coming years.

Taking Environmental Health and Safety to a New Level with Customization

The industrial growth has incurred negative impacts on the environment and ecosystem with the increasing air and water pollution and toxic emission of greenhouse gases.

Growing awareness about the environmental health and the impact of material handling equipment on it has triggered stakeholders in the material handling equipment market to implement new manufacturing technologies to mitigate the greenhouse gas emissions of their products,

A mounting number of new players in the global material handling equipment market are combining manual processes with the most advanced technologies to maintain a healthy balance of environmental health and safety.

Furthermore, through customization of technologies and other integral features of material handling equipment, market players are also trying to meet the industrial regulations and emission standards and help end users reduce their carbon footprint.

This is also expected to trigger a significant rise in the adoption of batteries and battery-based material handling equipment in various industrial areas in the coming years, which will further have a strong impact on market players’ strategies in the foreseeable future.

Manufacturers Offer Logistics and Material Handling Services for Vital Supplies Amids COVID-19 Pandemic

Though the pandemic has disrupted many industrial operations and overall economic growth of the business space, a majority of players in the material handling equipment market are improving the agility to offer services amidst this health crisis. While traditional end users are facing a glitch in operations, leading manufacturers and suppliers of material handling equipment are offering their services for the logistics and transportation of vital services and essential products.

Market players are also modifying their marketing and publicity campaigns to promote their take on customers’ safety as an integral part of the supply chain of essential supplies.

Manufacturers and service providers are also updating their safety standards and methods of cleaning their material handling equipment while conforming to local as well as global regulations. These strategies are expected to be adopted by a mounting number of market players in order to maintain a healthy revenue cycle during as well as post the pandemic.

Material Handling Equipment Market: Region-wise Analysis

The global material handling equipment market is broadly segmented into seven geographical regions – North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. Currently, the market is witnessing impressive growth in the Asia Pacific region, as it is estimated to account for over one-third revenue share of the global material handling equipment market value.

The region is witnessing an upsurge in the adoption of automated technologies, and consequently, the demand for material handling equipment is majorly attributed to the increasing need for automation in operations to boost performance and efficiency of various business processes.

Furthermore, the region is also expected to trigger demand for material handling equipment majorly across its food & beverage industry, creating more lucrative opportunities for market players catering to this segment of the end-use industries in the market.

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Material Handling Equipment Market: Competitive Landscape

Global material handling equipment market has key players mainly from North America, Western Europe, Japan and China. Some of the key players in this industry are

  • Liebherr Group
  • KION Group AG
  • Jungheinrich AG
  • Viastore Systems GmbH
  • WITRON Logistik + Informatik GmbH
  • Eisenmann AG
  • Beumer Maschinenfabrik GmbH
  • Jervis B. Webb Company
  • Columbus McKinnon Corporation
  • Crown Equipment Corporation
  • Hyster-Yale Materials Handling,
  • Hytrol Conveyor Co., Inc.
  • Manitowoc Company, Inc.
  • Xuzhou Heavy Machinery Co., Ltd.
  • Toyota Industries Corporation.

In June 2020, Alta Equipment Group Inc. – a US-based industrial and construction equipment company – announced that it has entered a definitive agreement to acquire a US-based player in the material handling equipment market – PeakLogix.

The company also stated that the strategy behind this acquisition revolves around its agenda of expanding geographical footprint and growing its material handling business while improving profitability.

Another US-based Material handling equipment manufacturer – FMH Conveyors announced in June 2020 the acquisition of it has acquired Aftersort Truck Loaders – an Arkansas-based conveyor vendor. The company also announced that the acquisition is a part of its strategy to expand its offerings of truck loading products segment.

In the same month, ASGCO – a complete conveyor solutions company – announced that it will be moving its headquarters in Nazareth, Pennsylvania, to a newly purchased and the construction of the new facility is expected to complete in 2021.

The company also declared that it has purchased the land of around 19 acres (7.7 ha), that it is a strategic move to meet growing demand for its bulk material handling equipment and other services across the region.

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Protein powder market reach a market value of USD 9.7 Bn by 2032

According to the recent FMI report, the sales for protein powder are expected to surpass a value of US$ 36.6 Mn in 2032, rising at a CAGR of around 7.3% through the end of 2032.

Protein powder products are frequently advertised as muscle-building and performance-enhancing items for athletes and other physically active consumers leading to rising sales of the product in various parts of the world.

In the multi-stress settings of goal-directed, frequent, intensive, and/or protracted exercise routines, athletes have heightened physiological protein requirements to maintain enough protein synthesis and energy generation, as well as sufficient immunological function and excellent gut integrity.

Protein requirements rise in tandem with the intensity and duration of athletic performance as a result leading to rising adoption of protein in meals prior to and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable, amino acids.

Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.

Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.

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Key Takeaways from the Protein Powder Market Study:

  • The North American region currently holds the largest market share and is expected to continue to do so due to the widespread appeal of protein powder products among health-conscious consumers and rising demand for functional foods.
  • According to FMI analysis, The European protein powder market is expected to grow at a rate of more than 5% per year through 2027, owing to the growing use of edible insects as protein supplements in meals and the growing demand for functional foods and drinks.
  • Germany is dominating the European protein powder market with due to the increased demand for plant protein in powder form.
  • Due to the growing livestock sector and increased awareness about animal health and nutrition, the protein powder industry from animal nutrition supplement application is expected to grow at a CAGR of over 6% through 2027.
  • The market for protein powder is growing due to rising obesity rates among children and adults, as well as increased usage of protein powder for weight loss.

“Market players are investing in R&D to create innovative products in order to maintain their market position. Manufacturers are also focusing on implementing technological advancement to improve production efficiency.” said a lead analyst at FMI.

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Who is winning?

Key players operating in the global Protein Powder market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.

Get Valuable Insights into Protein Powder Market 

FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Protein Powder Market by Category

By Product Type:

  • Animal Protein
    • Dairy Protein
  • Milk Protein (Concentrate/ Isolate)
  • Whey (Concentrate/ Isolate/ Hydrolysates)
  • Casein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Pea Protein
    • Wheat Protein
    • Others

By Nature, Protein Powder Market is Segmented as:

  • Organic
  • Conventional

By Flavor, Protein Powder Market is Segmented as:

  • Plain Flavor
  • Classic Flavor
    • Vanilla
    • Chocolate & Coffee
  • Cookies and Cream
  • Fusion Flavor
  • Nut Flavor
  • Fruity Flavors
    • Strawberry
    • Blueberry
    • Banana
    • Others
  • Others

By End Use, Protein Powder Market is Segmented as:

  • Dietary Supplements
  • Food and Beverage
    • Ready to Beverage Drinks
    • Functional Foods
    • Infant Food Formula
    • Others
  • Pharmaceuticals
  • Others

By Distribution Channels, Protein Powder Market is Segmented as:

  • Direct
  • Indirect
    • Store based Retailing
      • Modern Grocery Retailers
        • Hypermarkets/ Supermarkets
        • Convenience Stores
        • Specialty Sports Store
        • Drug Store
      • Online Retailing
      • Others

By Region, Protein Powder Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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How Big is the Protein Powder Market?

At what Growth Rate is Plant Protein Powder Market Growing?

What is the North America Protein Powder Market Outlook?

At What Rate will Protein Powder Demand Grow in Europe?

What Are the Key Trends Shaping the Protein Powder Market?

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Flexible Water Tanks Global Industry Overview and Competitive Landscape till 2028 | FMI

Additionally, there are various names for the flexible water tanks, including irrigation water tanks, drinking water tanks, horticultural tanks, and prefabricated water tanks. With growing industrialization, businesses are moving toward reliable and simple options for water storage, which has increased demand for flexible water tanks.

Flexible tanks are a type of storage device that are commonly used to store bulk and potable water. In order to provide construction sites, facilities, and emergency applications with effective storage capacity, these tanks can also be used to store small amounts of water. Flexible water tanks can successfully store non-potable water, frac water, potable water, and rainwater.

These tanks have a strong nature and are preferable to rigid storage systems because they are anti-algae, affordable, and only partially evaporate the liquid they contain. Flexible water tanks are used for a variety of tasks, including the heavy storage of irrigation water and the provision of water in emergencies, and come in capacities as small as one gallon.

These water tanks are made with food-grade materials using co-extrusion multilayer technology to maintain hygiene. These tanks require little maintenance and are extremely weather resistant. The type of fabric used to make flexible water tanks varies depending on how they will be used.

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Global Flexible Water Tanks Market: Dynamics

Drivers:

Reason behind the growing demand of flexible water tanks is because of its properties of easy installation, cleaning and handling and hygienically appropriate. Processing of water is needed in so many industries for material production or cleaning process, so here flexible water tanks paly vital role as compatible and durable storage units.  Flexible water tanks are also used in agriculture and mining industry as affordable and low cost solution for storage purpose.

Additionally its strong structure and flexible characteristics upsurges the operating reliability of these tanks in production plant. For attaining bulk and utility water storage, fire suppression water storage, flexible water tanks are best for this purpose. All these factors drive the market demand for flexible water tanks.

Restraints:

Flexible water tanks have less wear and tear compare to rigid water tanks, factor become a restraining factor for flexible water tanks market.

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Global Flexible Water Tanks Market: Region-wise Outlook

The North America market for flexible water tanks is growing due to increasing number of waste water treatment plants in U.S. and other North American countries. Several European countries (Germany, Netherlands, Italy and others) have shown greater demand towards water processing system. In Asia Pacific China and India are prominently recognized to escalate flexible water tanks market, on account of growing scope for agriculture and mining industry.

Industrialization and urbanization are two main reasons behind growing demand for flexible water tanks in Asia pacific reason. Increasing water storage need, and demands from various industries is anticipated to fuel the demand for flexible water tanks in this region. Latin America and Middle East and Africa are anticipated to witness steady growth in flexible water tanks market over the forecast period.

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Global Flexible Water Tanks Market: Key Participants

Key market participants of the global military shelter and pallet system markets are following:

  • Essen Multipack
  • Nicholson Plastics Ltd.
  • Wetcomb
  • SPC “Politechnika” LLC
  • Duratank
  • GEI Works
  • Plastimo
  • Labaronne-Citaf
  • Trelleborg Flexible Containment

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 geographies, application, and industry.

The report covers exhaust 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)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Global Flexible Water Tanks Market: Segmentation

The global Flexible water tanks market can be segmented on the basis of product type, application, and end use.

On the basis of product type Flexible water tanks market can be segmented as

  • Open flexible water tanks
  • Mobile water treatment unit
  • Self-erecting open flexible tank
  • Alimentary water
  • Flexible transport water tank

On the basis of en use Flexible water tanks market can be segmented as

  • Residential
  • Agriculture
  • Water waste treatment
  • Mining
  • Municipal an utilities
  • Rainwater harvesting
  • Military application

On the basis of water Flexible water tanks market can be segmented as

  • Fire protection water
  • Arctic storage
  • Irrigation water
  • Construction water
  • Sea/Desal water
  • Potable water
  • DM water
  • Boiler water
  • RO water

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 10-years.

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Beverage Flavoring Agent Market to reach a value of USD 7.8 Bn by 2032

The beverage flavoring agent market is valued at USD 4.5 Bn in 2022 and is projected to grow at a CAGR of 5.7% during the forecast period, to reach a value of USD 7.8 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global beverage flavoring agent demand is projected to grow year-on-year (Y-o-Y) growth of 5.0% in 2022.

Because of the increased consumption of carbonated soft drinks, functional drinks, and juices, this segment has a greater market. Flavoring systems are widely used in the carbonated soft drink and juice sectors. Flavor manufacturers respond to consumer demand for new flavours by releasing new flavours.

The use of many types of tastes in beverage applications is mostly due to the introduction and mixing of numerous flavors to create an elegant and aromatic flavor. Fruit and vegetable flavors, for example, when coupled with beverages such as chocolate shake and coffee, produce a sweet and spicy, warm fall flavor.

However, when the product reaches in the intestine, it is fermented into metabolites inside the colon with the help of gut microflora which are more bioavailable, thus improving energy levels and balancing the metabolism process of the body. As a result, improving digestive system due to the medicinal properties of the product is driving the Beverage Flavoring Agent market forward as a supplement to the food and beverage industry.

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Key Takeaways from Market Study

  • The beverage flavoring agent market is worth of US$ 4.5 Bn sales in 2022.
  • The beverage flavoring agent market is expected to expand at CAGRs of 7% through 2032.
  • Global beverage flavoring agent demand is projected to grow year-on-year (Y-o-Y) growth of 0% in 2022.
  • The beverage flavoring agent market is growing with a notable boost towards the production to reach USD 7.8 Bn by 2032.
  • Innovative applications, research formulations, and medicinal properties are the factors driving growth of Beverage Flavoring Agent market to be the influencing factors among consumers, which is driving sales of beverage flavoring agent across global markets.
  • Demand for beverage flavoring agent grew at 4% CAGR between 2017 and 2021.
  • Korea Ginseng Corp., Clariant, Korean Ginseng Export Corporation, RFI Ingredients, Inc, and Ilhwa Co., Ltd. are expected to be the top players in the industry.
  • Siberian ginseng type with capsule form segment of beverage flavoring agent are in heavy demand from beverage industry carrying a notable market share.

“The dominance of the liquid segment is attributed to the ease of mixing and blending of liquid flavor ingredients. Liquid flavors can be easily mixed together to provide a homogeneous distribution of each flavor component. This is why most beverage manufacturers prefer the usage of liquid flavors, which is likely to provide new market avenues for Beverage Flavoring Agent,” says a Future Market Insights analyst.

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Competitive Landscape

Key beverage flavoring agent brands are looking for new strategic partnerships to develop the applications in food and beverage industry, as well as cosmetics and personal care industry, while core business brands are focusing on supplying nutritional and high quality solutions to customers consuming Beverage Flavoring Agent with several product innovations.

  • On 22nd January 2019, supplier of rare plant extracts, Botalys announced to launch Panax ginseng powder as the most bioactive ingredient in the market, termed as HRG80. Beverage Flavoring Agent, used as stress reducing agent, considered to be the king of adaptogens by the company. New product launches under the scheme is featuring various innovative forms including nutritional bars, chocolates, soft chews, chewing gums, gummy bears, burgers, juices, coffee, ready-to-drink (RTD) beverages, tea, and granola.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global beverage flavoring agent market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Beverage Flavoring Agent Market By Category

By Ingredient:

  • Carriers
  • Flavorings
  • Enhancers
  • Others

By Beverage:

  • Alcoholic
  • Non-alcoholic

By Type:

  • Botanicals
  • Dairy
  • Fruits
  • Ohers

By Origin:

  • Artificial
  • Natural
  • Nature-identical

By Region:

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

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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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Shutter Sensors Market Insights By Type, Industry, Application & End-User | FMI

Due to attributes like self-calibrating algorithms for expert reliability, advanced microprocessor designs for reducing overall sensor size, and tough metallic encasings for demanding use, the market for shutter sensors is predicted to expand during the forecast period.

With their simple installation and improved quality and dependability as a result of technological advancement, wireless shutter sensors are now available as an add-on for GSM-based burglar alarm systems. Simple magnetic contact sensors called shutter sensors monitor the roller shutter when they are connected to an alarm system.

Manufacturers’ shift in focus toward developing small shutter sensors and enabling long-distance transmission are additional factors boosting the market for shutter sensors. Aluminum and Acrylonitrile Butadiene are the two primary components used to make shutter sensors, which improve the quality and dependability.

Additionally, shutter functionality is improved in space cameras where the image sensor presents a rolling shutter that allows one to change the signalling and clocking. The decreased frame rate and increase in noise, which have a significant negative impact on the shutter sensors’ overall functionality, are the only drawbacks of this kind of shutter sensor. The demand for high security and safety among consumers is expected to drive significant growth in the global shutter sensors market over the course of the forecast period.

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Shutter Sensors Market: Dynamics

The global shutter sensors market is estimated to grow at a significant rate during the forecast period owing to its simple & compact design, and low cost. Furthermore, better reliability due to self-calibrating algorithm, and rugged metallic encasing are some of the other factors driving the growth of the global shutter sensor market over the forecast period. Moreover, long-distance transmission and high-quality features further enable shutter sensors to gain traction and witness significant share in the shutter sensors market over the forecast period. Application of magnets in shutter sensors help to detect an intruder before he/she enters the protected premises and easy 90 degree movement of the fixed frame are factors further expected to drive the growth of global shutter sensors market during the forecast period.

Shutter Sensors Market: Region-wise Outlook

North America is estimated to dominate the global shutter sensors market owing to high security in government premises and growing awareness among consumers for household applications. Europe is expected to account for significant share in the global shutter sensors market owing to construction projects after the recession year and is estimated to witness relatively steady growth owing to less infrastructure activities for now as compared to other regions.

Furthermore, MEA and Asia Pacific are expected to register substantial growth owing to growing awareness among the government and local public regarding safety. Latin America is estimated to register considerable growth owing to growing economy of Mexico and high alertness in the countries of the region. Upcoming upgradation of infrastructure facilities in government offices, malls, and offices are the major factors attributed towards the steady growth the market of Japan during the forecast period.

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Shutter Sensors Market: Key Players

Examples of some of the key players in the global shutter sensors market are:

  • Mouser Electronics
  • STEMMER IMAGING Ltd.
  • Basler AG
  • Macnica UK Ltd.
  • OPTEX CO., LTD.
  • PARASNATH ELECTRONICS PVT. LTD.
  • MANGAL SECURITY PRODUCTS
  • Sensor Technologies America, Inc.
  • New Imaging Technologies (NIT)
  • S. Electrosecure

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 geographies, application, and industry.

Ask an analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-5417

The report covers exhaust 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)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Shutter Sensors Market: Segmentation

The global shutter sensors market can be segmented based on material type, range, product type and application.

By material type, the global shutter sensors market is segmented into:

  • Aluminum
  • ABS
  • Stainless steel
  • Others

By range, the global shutter sensors market is segmented into:

  • Less than 30 mm
  • 30 mm – 60 mm
  • Above 60 mm

By product type, the global shutter sensors market is segmented into:

  • Wired Shutter sensors
  • Wireless Shutter sensors

By application, the global shutter sensors market is segmented into:

  • Residential
  • Commercial
  • Industrial

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

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 10-years.

Contact:
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Jumeirah Bay 2
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Gas Insulated Switchgears (GIS) Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

The gas insulated switchgears are mostly used in high or ultra-high voltage transmission lines. In gas insulated medium voltage switchgear, vacuum technology is used for circuit breaking while sulphur hexafluoride (SF6) gas is used for insulation. As vacuum technology is limited to low voltage applications, for applications above 72.5 KV, only SF6 is used both for interruption medium and insulation in the GIS or gas insulated switchgear system.

Electricity is a green source of power, which has gained significant importance in the modern life. Most of the home appliances, industrial machineries, trains and many other systems rely on electrical supply. Certainly, electricity is a boon to the modern life, however, it can turn into a threat if not handled properly. In a distribution system, all possible measures have to be taken in order to ensure minimum power loss and maximum safety.

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For this, Gas Insulated Switchgears (GIS) market are used for switching and protecting devices such as switches, fuses, circuit breakers and relays. The main purpose of switchgears is to ensure safety of the distribution system by disconnecting in case of any short-circuit.

The switchgears are mainly of two types- oil filled and air/gas insulated. The oil filled switchgear systems are very rarely used as compared to the air or gas insulated switchgear. The gas insulated switchgears are generally composed of sulphur hexafluoride (SF6) gas filled circuit breakers. The gas insulated switchgears are highly effective as compared to other types of circuit breakers as it contain sulphur hexafluoride (SF6) gas, which is highly electronegative and has a strong tendency to absorb free electrons.

Unlike other circuit breakers, the gas insulated switchgear should be able to perform switching and circuit breaking very efficiently by cooling electric arc in fraction of a second.

Gas Insulated Switchgears (GIS) Market: Dynamics

The switchgear has become the backbone of electric transmission lines spread across the country and in cross border distribution. Over the last decade, a significant surge in electric power consumption has been observed and is estimated to grow further owing to numerous electrification projects in several developing countries. Also, growing power consumption rate or per capita power consumption across the developed countries is also a major driver for the growth of global gas insulated switchgears market.

Moreover, increasing adoption of electricity based gadgets, equipment, appliances, vehicles and others is projected to increase the power demand and dense electricity distribution network. Furthermore, several countries are engaged in cross border power transmission to their neighbouring countries, which involve a thousand miles of transmission lines and hundreds of distribution stations and sub-stations

Technological advancements in both power generation as well as distribution systems are estimated to be the main drivers of the gas insulated switchgears market.

Owing to the increasing demand for gas insulated switchgears, various key manufacturers are engaged in developing more advanced and sophisticated gas insulated switchgears. The manufacturers are striving to increase the reliability and efficiency of the gas insulated switchgears by employing automation and high quality materials.

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Gas Insulated Switchgears (GIS) Market: Segmentation

The gas insulated switchgears are widely used at various locations throughout the transmission system. Also, they are used in separated power grids and electricity house for various manufacturing and oil and gas industries, refineries, etc. The global gas insulated switchgears market can be segmented on the basis of operating voltage range and on the basis of end-use industry.

On the basis of operating voltage, global gas insulated switchgears market is segmented as medium voltage (< 220 kV), high voltage (220 kV – 550 kV) and ultra-high voltage (> 550 kV). While on the basis of end-users, the market is segmented into, power generation grids, distribution substations, railway & urban transportation, industrial grids and others.

Gas Insulated Switchgears (GIS) Market: Region-Wise Outlook

Asia Pacific holds significant position in the global gas insulated switchgears market and is expected to remain dominant over the next decade. North America and Western Europe are the other major segments, which are estimated to create substantial demand through respective power upgradation projects.

In APAC, China is estimated to be a noteworthy country that holds significant share in the market. Also, other developing countries of Asia and Africa are estimated to grow at high rates due to the rising electrification in the countries.

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Gas Insulated Switchgears (GIS) Market: Market Participants

The Gas Insulated Switchgears (GIS) market is dominated by major electrical technology giants catering their advanced technology products in the global market. Examples of some of the players in the market are ABB Group, Siemens AG, Hyosung Corporation, CG Power and Industrial Solutions Limited (Avantha Group), Fuji Electric Co. Ltd., Hitachi Ltd., Tenaga Switchgear Sdn. Bhd., Mitsubishi Electric Corporation, Schneider Electric Se and Toshiba Corporation, among others.

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 geographies, application, and industry.

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

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.

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 10-years.

Contact:
Unit No: 1602-006
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Staphylococcus Aureus Testing Market is expected to reach US$ 6.66 Billion by 2032

Latest Insights on the Global Staphylococcus Aureus Testing Market

An ongoing study of the research analysts at Future Market Insights (FMI), offers a thorough quantitative and qualitative assessment of the Staphylococcus Aureus Testing market along with easy to grasp tables, graphs, and figures. The Coronavirus (COVID-19) pandemic has caused disruptions in supply chain of the Staphylococcus Aureus Testing market.

However, gradual relaxations in complete full and partial lockdowns are anticipated to ease business processes in near term. Companies in the Staphylococcus Aureus Testing market can gain insights about recent developments of COVID-19 and its impact on the Staphylococcus Aureus Testing market. Get a hands-on over our upcoming report on the Staphylococcus Aureus Testing market to gain an edge over other market players. The market study bifurcates the global Staphylococcus Aureus Testing market in different segments to enhance the reading experience of our clients in its upcoming report.

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The various segments covered in the report are as follows.

By Application

  • Pharmaceutical
  •  Clinical
  •  food testing
  •  other

 By End-Use

  • Hospitals
  •  Diagnostic Clinics
  • Food Testing laboratories
  •  others

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Competitive outlook

The competitive outlook tracks the business proceeding of top-tier market players involved in the Staphylococcus Aureus Testing market. The company profile provides a clear understanding of the growth strategies adopted by various market players.

Key companies covered in the study:

  • Abbott Laboratories Inc.
  • Siemens Healthcare GmbH
  • Bio Rad Laboratories Inc.

Key takeaways from the presented market analysis:

  • In-depth understanding of the innovations in the Staphylococcus Aureus Testing market space
  • Region-wise assessment of the different factors expected to influence market growth in each region
  • Influence of technological advances on the Staphylococcus Aureus Testing market
  • A thorough assessment of growth opportunities for market players in different regions
  • Analysis of the supply-demand ratio in different end-use industries

The market analysis provides answers to some important questions related to the Staphylococcus Aureus Testing market:

  • What is the most common observable trend within the Staphylococcus Aureus Testing market?
  • Which region is set to register the maximum growth in terms of value and market share?
  • Which market players in the Staphylococcus Aureus Testing market are at the forefront in terms of product/technology innovation?
  • Is the current Staphylococcus Aureus Testing market landscape favorable for new market entrants?
  • Which end-use industry is expected to generate the maximum demand for Staphylococcus Aureus Testing during the forecast period?

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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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