Market Research Blog – Page 10308 – New Product Development

Fermented Foods and Beverages Market Segment Analysis: Ingredient Type, Fermentation Process, End Use & Regional Forecast– 2032

The global fermented foods and beverages market is set to witness growth rate of 5.6% between 2022 and 2032, totaling a valuation of US$ 989.2 Bn by 2032. Rising production and consumption of fermented foods and beverages worldwide is a key factor augmenting growth in the global fermented foods and beverages market.

Eggs, meat, and dairy from factory farms have been main sources of protein and other nutrients. However, amid increasing intolerance for carbon footprint and rising concerns about animal cruelty, both food manufacturing companies and consumer are looking for alternative solutions.

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As a result, functional meat derived without harming animals as a fermented food item is soaring in demand. Various food manufacturing companies have shifted their preference towards developing healthy and nutritious fermented food products. For instance, Clara Foods, a food technology company based on San Francisco, is motivated to help consumers with their dietary needs while developing fermentation process to create animal-free egg proteins with the same functionality and taste of the original product, challenging many plant-based alternatives.

Another example includes Perfect Day Foods, a brand which creates casein and whey animal proteins without using animal cells. The product is obtained with micro flora with a specific genetic blueprint which is accessed through online to provide the species ability to generate milk proteins, same as one found in cow milk. Furthermore, the flora can be retained on plant-based inputs and sugar, while it can naturally produce cholesterol-free, lactose-free, antibiotic-free, and hormone-free milk proteins.

Key Takeaways from Market Study

The fermented foods and beverages market reached US$ 575.6 Bn in 2022 and is likely to expand at CAGR of 5.6% through 2032.
By ingredient type, probiotics segment is likely to contribute most to the global fermented foods and beverages market during the forecast period.
Based on end use, vegetables and meat is expected to be most remunerative segment in the global fermented foods and beverages market.
The U.S. will continue to remain the most lucrative fermented foods and beverages market during the assessment period.
Amid rising production and consumption of fermented products, the Japan market is poised to exhibit steady growth rate during the forthcoming years.
Demand for fermented foods and beverages to grow at a significant pace in China over the forecast period.

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“Combining modern technology with different fermentation techniques is enabling biotech companies to generate animal protein products without any direct presence of animals in those products. This is challenging industrial egg, meat, and dairy industries, and will eventually bode well for the fermented foods and beverages industry” says a Future Market Insights analyst.

Competitive Landscape

Key fermented foods and beverages brands are looking for new strategic partnerships to develop the applications in food and beverage industry, along with dairy and bakery products, while core business brands are focusing on developing nutritional and high quality food solutions to customers with several product innovations.

In July 2021, Nature’s Fynd, a sustainable bio-products company, raised a whooping USD 350 Mn, while its cream cheese and sausage and analog products went up for limited offering online sale. The company creates a protein called Fy by using flavolapis and Fusarium fungus strain in biomass fermentation method, which can be used as a protein ingredient, having diverse application in food and beverage items.

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

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The study offers compelling insights based on ingredient type (prebiotics, probiotics, vitamins, industrial enzymes, organic acids, amino acids, and others), fermentation process (anaerobic fermentation, aerobic fermentation, continuous fermentation, batch fermentation, and others), and end use (bakery & confectionery, dairy products, alcoholic beverages, non-alcoholic beverages, infant formula, dietary supplements, vegetables and meat, animal feed products, and others), 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 FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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Sodium Reduction Ingredients Market Share with Updated Statistics, Strategy Overview & Opportunity Map Analysis-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.

Yellow Fats Market share with Sales Footprint, Updated Statistics with Opportunity Map Analysis-2032

The global yellow fats market size is expected to exhibit growth at a CAGR of 4.2% from 2022 to 2032. It is projected to reach a valuation of approximately US$ 42.7 Bn by 2032. As per FMI, the global yellow fats market is anticipated to reach a valuation of US$ 28.3 Bn by the end of 2022.

There is a lot of evidence suggesting the sensory properties of food, particularly taste and flavor, have a highly specific influence on the dietary choices of consumers. Sensory qualities may be viewed as a crucial area in which food makers can differentiate their products in numerous ways.

Availability of a wide variety of food items has never been easier than it is today. Customers are usually provided with product information as they go around their local grocery shops, which is further encouraging them to try out numerous brands. In-store sampling is gaining widespread popularity and it is helping key players to promote new items or to offer other methods of preparation and use.

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A renowned U.K.-based supermarket now allows customers to ‘taste before they buy,’ and will open practically any ready-to-eat food on demand. Customers are always tempted by eye-catching packaging and get attracted towards promises of smoother, crunchier, & tastier items. They can decide whether or not they enjoy the cuisine once they have consumed it and experienced its sensory features (consciously or unconsciously). Sensory features of food (its look, scent, taste, and texture) will impact their buying decision to varying degrees. If food manufacturers can improve a product’s perceived sensory qualities, it will assist in boosting its perceived value among customers.

Key Takeaways from Yellow Fats Market Study

On the basis of product type, butter is predicted to account for the majority of the global yellow fats market share in 2022.
The Europe yellow fats market is predicted to lead with a share of more than 34% during the evaluation period.
Top 3 countries in the global yellow fats market are anticipated to generate a share of about 32.2% in the assessment period.
During the historical period of 2017 to 2021, the global yellow fats market grew at a CAGR of 3.6%.
By end-use application, the food & beverage industry segment is expected to dominate the global yellow fats market in 2032 by accounting for the lion’s share.

“Manufacturers worldwide have acquired high-quality technological know-how, extensive geographic reach with localized teams, expanded their service portfolios, and boosted their industry experience. These assets have enabled them to rapidly broaden into a genuinely global supplier with end-to-end capabilities and a reputation for high-quality service delivery. Such strategies are projected to drive the global yellow fats market in the next decade,” says a Future Market Insights analyst.

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Competitive Landscape: Yellow Fats Market

Major players operating in the global yellow fats market are investing huge sums in new product development. They are also focusing on the rising popularity of packaging trends by creating attractive packaging for their in-house products to expand their consumer base.

Meanwhile, some of the other companies are attempting to enhance and develop new state-of-the-art packaging techniques in order to distinguish their products on retail shelves. To enhance consumer convenience, they are on a mission to provide simple and easy-to-use wrapping for their yellow fat-based spreads. To provide customers with simple, adaptable, and flexible packaging options, manufacturers are using a wide variety of packaging types such as jars, cans, squeeze pouches, and spout tubes.

Furthermore, producers are implementing packaging methods that allow them to increase the shelf life of the spreads even in harsh environments and through extended distribution networks. In order to encourage sustainability, they are also adopting well-designed packaging to offer innovative solutions to decrease food waste.

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Explore More Valuable Insights on Yellow Fats Market

Future Market Insights, in its new report, offers an impartial analysis of the global yellow fats market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. The study offers compelling insights based on the product type (butter and margarines/spreads) and end-use application (food & beverage industry, cosmetics & personal care industry, food service, and household/retail) across seven major regions of the world.

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Key Takeaways from Yellow Fats Market Study

On the basis of product type, butter is predicted to account for the majority of the global yellow fats market share in 2022.
The Europe yellow fats market is predicted to lead with a share of more than 34% during the evaluation period.
Top 3 countries in the global yellow fats market are anticipated to generate a share of about 32.2% in the assessment period.
During the historical period of 2017 to 2021, the global yellow fats market grew at a CAGR of 3.6%.
By end-use application, the food & beverage industry segment is expected to dominate the global yellow fats market in 2032 by accounting for the lion’s share.

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Competitive Landscape: Yellow Fats Market

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Greek Yogurt Market Updated Statistics with Relevance & Impact and Summary of Key Findings by 2032

The worldwide greek yogurt market is supposed to arrive at a market size of US$ 7,345 million out of 2022 and is projected to ascend at a CAGR of 6.9% to arrive at US$ 14354.48013 million by 2032. Prior, from 2017 and 2021, this market extended at a CAGR of 6.2%.

The end product, Greek yogurt, is rich in protein and calcium, which helps develop muscles and prevents excessive loss of muscle mass. Greek yogurt also contains probiotics which help in the improvement of digestive health. Key players operating in the global greek yogurt market are launching new products with several flavors such as blueberry, strawberry, vanilla, and more, to attract consumers towards the consumption of their products.

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The growing popularity among consumers regarding the health benefits that can be reaped from consuming greek yogurt is a strong force driving the market’s growth years before now and is expected to continue during the forecast period.

Furthermore, burgeoning cases of weight-related diseases such as diabetes and obesity have further created a surge in demand for greek yogurt in the market. The global greek yogurt market is expected to register a double-digit CAGR during the forecast period.

Greek Yogurt Market Growth Driver and Opportunity

The growing population size of health-conscious consumers across the globe is driving the global greek yogurt market’s growth. Health benefits such as maintaining blood sugar level, obesity prevention, developing muscles, and improving bone density are reaped by consumers when they consume greek yogurt.

Consumers spend more on the market with varieties of products from which they can choose. Manufacturers in the greek yogurt market focus on these consumers’ sentiment by introducing various flavors to attract consumers to purchase their products, which will improve sales and drive the growth of greek yogurt globally.

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Moreover, the availability of greek yogurt at various retail centers is expected to foster the rise in demand for greek yogurt in the global market. Consumers find it convenient to visit stores to purchase food products like greek yogurt. The increase in smartphone and internet penetration is expected to fuel the industry’s growth as greek yogurt can be bought online.

The online segment of the distribution channel will be the fastest-growing segment with a CAGR of 12.3% by 2026. Due to the convenience offered by e-commerce and consumers’ busy lifestyles, the online segment is slated to fuel the global greek market’s growth.

Greek Yogurt Market Restraint

Global greek yogurt market is not without its challenges. Significant factors such as the growing population of lactose intolerance patients and the production of a new variety of frozen yogurt made from milk are expected to restrain the market’s growth globally.

Greek Market: Region-wise Analysis

Geographically, Europe is the largest market for greek yogurt after accounting for the highest market revenue in 2019. The region is anticipated to remain in dominance during the forecast period due to the growing awareness regarding the health benefits reaped from the consumption of greek yogurt.

The Asia Pacific market is slated to grow tremendously during the forecast period as the population size of consumers in the region is on the rise. Besides, consumers’ changing lifestyle is another factor expected to fuel the region’s growth during the forecast period.

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Greek Yogurt Market: Competitive Landscape

The global greek yogurt market is fragmented and highly competitive. Major players operating in the industry are focusing on innovative products with variety of flavors to woo consumers to the global market. Prominent players in the market include;

Chobani LLC
Stonyfield Farm Inc
FAGE International S.A.
GROUPE DANONE
General Mills, Inc.

Region-wise Analysis

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

Riboflavin Pigment Market Extensive Report on Updated Statistics, Relevance & Impact with Summary of Key Findings-2032

Future Market Insights (FMI) estimates the global riboflavin pigment market will reach a valuation of nearly US$ 360.9 Mn by 2022, at a CAGR of 5.9% between 2022-2032. Riboflavin, often known as vitamin B2, is a yellow-colored vitamin that is present in foods and supplied as a nutritional supplement. It is crucial in the synthesis of two coenzymes in the body that are involved in cellular respiration, energy metabolism, and antibody production, as well as normal growth and development.

Other common uses of riboflavin also include coloring ice creams, bakeries, confectionery, and beverages. Riboflavin is also used for coloring meats and milk items. When there is riboflavin deficiency in the body, homocysteine levels increase, elevating the risk of cardiovascular diseases. Hence, riboflavin pigment is an essential enzyme, along with being a natural food colorant.

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Big food manufacturing companies are moving their focus on adding powdered riboflavin to their final product to promote the overall health profile of food products in an attempt to cope with the changing consumer preferences.

An increase in the consumption of different natural end-use products, rising investments to set up food and beverage manufacturing and sales facilities, and growing demand for natural riboflavin pigments are driving the demand in the riboflavin food colors market.

Key Takeaways from Market Report

The North America riboflavin pigment market is anticipated to grow at a rate of 6.3% in the region.
Europe riboflavin pigment market is currently pegged at 190 metric tons by volume and US$ 2151 Mn.
In Europe, Germany accounted for a revenue of US$ 24.2 Mn in 2021, followed by France with US$ 2.6 Mn for riboflavin pigments.
By application, the beverages industry consumed over 207 metric tons of riboflavin pigments in 2021 and was valued at US$ 115.2 Mn.

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“Riboflavin food color producers are eyeing the health and nutrition markets such as dietary supplements industry to capitalize on rising consumption of dietary natural food supplements. They are also forming alliances with end users in food & beverage industry to increase their revenue,” says a Future Market Insights analyst.

Competitive Landscape

Leading Riboflavin Pigment market firms are BASF SE, Advanced Technology and Industrial Co. Ltd., Parchem fine and Speciality Chemicals, Sensient, Kanegrade Ltd., Merck & Co. Inc., Chr. Hansen Holding A/S, Kalsec Inc, Sensient Technology Corporation, DESANO, NB Group, Hubei Guangji Pharmaceutical, Ningxia Qiyuan Pharma, Hebei Shengxue Dacheng, Xinfa Ltd. among others. Emphasis is given on the merger, expansion, acquisition, and partnership with regional companies as well as continuous R&D to advance the production of riboflavin.

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Dewatering Pumps Market demand worth US$ 9.5 Bn by 2028 – Exclusive Report by Future Market Insights, Inc.

Economically developed regions are witnessing decent growth in dewatering pumps market demand, attributed to opportunities in existing commercial and industrial processes. Whereas, emerging economic regional markets are expected to witness robust growth in demand from the upcoming infrastructure projects across municipal construction and mining.

The global dewatering pumps market is primarily driven by robust demand from ongoing infrastructure projects. Future Market Insights (FMI) has projected the market to register a CAGR of 5.3% by value during the period of 2022 and 2028.

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Providing integrated offerings through diverse range of products and developing strong distribution and aftersales service network at regional and local level can provide significant opportunities for growth. In order to gain competitive advantage, strong focus on life-cycle costs analysis, including reducing operating costs through energy-efficient solutions, is highly required for product differentiation.

According to the report by Future Market Insights (FMI), the global dewatering pumps market is expected to witness a CAGR of 5.2% from 2018 to 2028. In 2017, the market was worth US$ 5,498.6 Mn and is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.

Burgeoning Exploration Activities for New Sources of Water to Trigger High Demand

Governments of emerging economies in Asia Pacific and MEA, particularly in countries such as South Africa, Morocco and the UAE, are focusing on improving drinking water facilities in urban as well as rural areas. Also, exploration of new water sources is expected to increase sales of pumps with enhanced capacity and efficiency for agricultural and domestic applications. Desalinization projects are also expected to contribute to adoption of pumps, as most parts of the globe still lack the basic facility of running water.

An estimated 60% of the world is still without running water. ASEAN region is witnessing increase in water supply and sanitation projects by governments, which is likely to boost sales of centrifugal pumps for domestic and agricultural applications. It has been estimated that only 50% of the global population has access to drinking water from a piped connection providing running water in their homes or compounds. As per the analyst, the demand for dewatering pumps across the globe, especially in ASEAN countries will increase owing to these reasons.

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By Segmentation:

By Equipment

Civic Infrastructure Construction
- Commercial Construction
- Tunnels
Mining & Metals
Paper & Pulp
Chemicals
Power Generation
Food & Beverages
Municipal
Others

By Capacity

0.5-3 hp
3-10 hp
10-50 hp
Above 50 hp

By Region

North America
Latin America
Western Europe
Eastern Europe
Middle East & Africa
China
South East Asia & Pacific (SEAP)
India
Japan

By Application

Sludge Pumps
Slurry Pumps
Drainage Pumps
Hybrid Pumps

By Technology

Positive Displacement Type
Centrifugal Type

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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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Odour Control System Market Review- This is How Leading Companies Are Dominating the Global Market

The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2021 and market forecast for 2022 – 2029. The study observes the odour control system market review and offers detailed perceptions for the forecast period of 2022-2029.

According to the analysis and study done in the report, the global odour control system market is anticipated to observe prominent progress, due to increasing adoption in the chemical industry.

The odour control system market is estimated to be valued at ~ US$ 1 Bn in 2022, and is projected to increase by ~ 5% CAGR during the forecast period of 2022 – 2029.

The odour control system market has a high potential to grow in regions such as Asia Pacific Excluding Japan (APEJ) and North America. Significant innovations with incorporation of advanced technologies meeting regulations are expected to emerge as a product differentiator in the odour control system market.

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Installation of hybrid odor control systems and demand for advanced and cost-effective odour control system from various industrial and government entities have increased significantly. This growing demand for progressive products generates pressure on manufacturers to deliver technologically-advanced and unique product offerings.

Thus, technological advancements have led to noteworthy investment in research and development by manufacturers. Manufacturers in the odour control system market are constantly focusing on developing unique technologies, which help them differentiate their products and earn a competitive edge.

Odour control systems play a crucial role in wastewater and solid waste treatment facilities. Individual odour control systems can be installed at various locations in a single wastewater treatment facilities, or a centralize system could be installed for low capacity plants.

Increasing investment for the effective and efficient waste management, establishment of new plants and capacity increase of existing facilities, and also growing intolerance towards odours, are factors expected to increase the demand for odour control systems in near future.

Japan to Provide Noteworthy Growth Opportunities for Manufacturers

The ongoing technological advancements and progression in investment for the storm water management projects and wastewater treatment facilities are expected to grow significantly over the forecast period. Odour control system manufacturers are focusing more on improving their market structures and offerings in the region.

Emphasis on trade balance and increasing production by strengthening the manufacturing sector is currently the prime motive of the government in Japan. Also, the adoption of ‘best available technique’ is prominent in the country, which is likely to propel the demand for advanced odour control system.

Japan has large installed base of odour control systems which are likely to get regular up gradation and replacements. Considering the average life of the odour control systems and the install base, the market in Japan is estimated to surge in next few years.

For the global odour control system manufacturers, Japan is projected to be a prominent market throughout the forecast period, owing to the increasing consumption and production of odour control systems across several industries.

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Chemical & Petrochemical Industry to Capture Prominent Share

The division of the global odour control system market has been done on the basis of application, along with six regions.

High application potential of odour control system is identified in chemical & petrochemical industry. These industries produce odorous compounds such as hydrogen sulfide, ammonia,mercaptansand several others.The air contains odorant molecules, which must be treated to avoid corrosion and to comply with environment regulations, hence mandating the use of odour control systems in chemical & petrochemical industries.
Waste treatment and disposal plants are a major source of odour emission. The effluents and vapors coming from these sources are of different and unpredictable composition. Hence, it becomes a necessity to install a combination of odour controls systems at these locations, thereby potentially influencing the market growth.

Odour Control System Market: Vendor Insights

The global odour control system report emphasizes on some of the principal industry players. Some of the key players include Babcock & Wilcox Enterprises, Inc., CECO Environmental., Anguil Environmental Systems, Inc., Evoqua Water Technologies LLC, Scotmas Limited, Ecolab Inc., Tholander Ablufttechnik GmbH,among others.

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

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Micro Irrigation Systems Market 2031 Research Covers,by Future Market Insights, Inc.

Future Market Insights upcoming report on global Micro Irrigation Systems market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Micro Irrigation Systems market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Micro Irrigation Systems market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Micro Irrigation Systems market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Micro Irrigation Systems market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Micro Irrigation Systems market.

Key Questions Answered in the Report

What are the key trends and challenges that will affect global Micro Irrigation Systems market in upcoming years?
What are the factors that will influence the Micro Irrigation Systems market demand?
Which region will be the most lucrative for Micro Irrigation Systems market throughout the forecast period?
How will evolving regulatory policies impact the market growth?
What is the impact of Covid-19 on the Micro Irrigation Systems market?

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Micro Irrigation Systems Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Micro Irrigation Systems market report with established market players as well as incumbents in the region.

System Type

Drip Irrigation
Micro/Mini Sprinkler Irrigation
Conventional Sprinkler Irrigation
Traditional Sprinklers
Central Pivot Sprinklers
Lateral Move Sprinklers

End Use Type

Small Farmers
Large Private & Corporate Farming
Government

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Netafim Ltd.
Jain Irrigation Systems Ltd.
The Toro Company
Rain Bird Corporation

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Micro Irrigation Systems market

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Micro Irrigation Systems market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Bulk Terminals Market Research, Segmentation, Key Players Analysis and Forecast to 2030

The prevailing passive economic growth in China coupled with recent economic slowdowns in North America and Europe has heavily impacted overall bulk commodity exchanges at a global level. This scenario is on the verge of a steady recovery and 2015 has already seen the global seaborne trade volume surpassing 10 billion tonnes. In its recently published report “Bulk Terminals Market : Global Industry Analysis and Opportunity Assessment, 2016-2026″, Future Market Insights projects the global bulk terminals market to register a 3.2% CAGR through 2026 and exceed 20 billion tonnes in volume by 2026.

Operators in the U.S., Europe, and Japan are increasingly turning to natural gas as an efficient alternative to conventional fuel. Furthermore, Qatar, Norway, and Australia have significantly amplified their natural gas exports. Preferred usage of LNG is likely to have a favourable impact on the demand for liquid bulk terminals, serving vitally for oil and natural gas storage and trade activities. Several terminals in the Americas, APAC, and Europe are expected to start full-scale operations in the next few years. This, in addition to the rising trade of grain and minor bulks, will shape up the global market for bulk terminals in the next decade.
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Automation and preference for floating terminals over on-shore terminals are the key trends influencing the global bulk terminals market. As the development, operation, and management of terminals involve huge initial capital, a majority of developing regions are progressively adopting the PPP (public-private partnership) module, wherein respective governments handle the land and assets, while terminal operations and responsibilities are tackled by private entities. This trend will sway the global bulk terminals market in a number of developing as well as developed regions.

Dry Bulk Will Continue to Outsell Liquid Bulk
By bulk type, dry bulk will continue to witness higher adoption than liquid bulk. Iron ore and coal currently account for the highest demand in the dry bulk segment. Although this segment will remain dominant through 2026, its market volume share is expected to see a decline from 62.7% to 62.3% by 2026 end. Major coal consuming countries are increasingly adopting the cleaner energy approach, limiting the rate of coal consumption. Declining import of coal will likely stymie the dry bulk segment growth over the projected period. The liquid bulk segment is expected to witness consistent growth, accounting for almost 38% market value share by 2026.

Future Market Insights’ geographical analysis of the global bulk terminals market reaffirms the dominance of APEJ with the maximum bulk volume share during the assessed period. China will stay at the forefront of adoption in APEJ, accounting for a significant revenue share of the market. The APEJ bulk terminals market is projected to exhibit 4% CAGR through 2026. In North America and Latin America, the grain and minor bulk type segments are likely to gain traction during the forecast period. Panama Canal’s expansion is likely to elevate the market in Latin America, whereas developments in the Suez Canal can trigger multiple growth opportunities for port operators based in and around Europe and MEA.

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Key players are competing for a maritime hub position, leading to frenzied M&A activity. Investments in high-capacity equipment remain a pervasive business strategy to gain competitive edge in stevedoring operation. China-based players account for a significant revenue share of the overall market, with China Merchants Port Holdings Co. Ltd. and DaLian Port (PDA) Company Limited posting US$ 1.41 Bn and US$ 1.06 Bn in revenues in 2015. Other notable players in the market include Thessaloniki Port Authority SA., Global Ports Investments PLC., Ports America, Inc. APM Terminals, Euroports Holdings S.à.r.l., Puerto Ventanas S.A., HES International B.V., Yilport Holding Inc, DP World Ltd., Noatum Ports, S.L.U., and Ultramar Group,

Global bulk terminals market segmentation

By Bulk Type:

Dry Bulk
Grain
Coal
Iron Ore
Others
Liquid Bulk
Oil
Gas

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

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Barcode Printers Market worth US$ 8,552.87 Million by 2032 at a CAGR of 7.4%

The computer peripherals used to print barcode labels that can be printed directly or can be attached to physical objects. The various applications of barcodes are hospital and healthcare settings, creating soap notes, patient identification etc. The key benefits of barcodes are accuracy, efficiency and consistency. Barcode printers Market use thermal transfer techniques to apply ink to the labels. The barcode thermal transfer printers deploy ink ribbons for the application of barcode into the label directly whereas thermal transfer printer use heat energy to blacken the barcode on the label. Barcode printers are designed according to the use and type of market. Large warehouses and manufacturing facilities deploy industrial barcode since it has large paper capacities, have a longer service life and operate faster whereas desktop barcode printers are mostly used in office and retail environments. Barcode printers are used in different terminals like retail, manufacturing, commercial and others. Barcode printers provide fast and feasible service with cost effectiveness, reliability, ease of accessibility, scanability, high durability and sharp printing quality.

Global Barcode Printers Market: Segmentation
The global barcode printers market can be segmented on the basis of printer type, print technology, application and geography. On the basis of printer type, the global barcode printers market can be segmented into desktop barcode printers, mobile barcode printers and industrial barcode printers. Considering print technology, the global barcode printers market can be segmented into thermal barcode printers and non-thermal barcode printers. On account of application, the global barcode printers market can be segmented into retail, chemical, healthcare, manufacturing and shipping. On the basis of geography, the global barcode printers market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan and Middle East and Africa.

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Global Barcode Printers Market: Drivers

The global barcode printers market is driven by various factors including rise in standard of living, increased e-commerce and logistics market etc. Moreover, economic growth and increasing healthcare industry is also fuelling the growth of the global barcode printers market. Due to the cost effectiveness of barcode printers, emerging regions are the key areas helping in driving the market due to low penetration of technology. Increasing FSCG market and increasing transportation is also pumping the overall growth of the global barcode printers market.

Global Barcode Printers Market: Restraints

The major challenge in the global barcode printers market is difficulty in scanning and issues in cleaning. Moreover, increasing adoption of Radio Frequency Identification (RIFD) is posing a serious challenge to the global barcode printers market.

Global Barcode Printers Market: Trends and Opportunities

Advancement in technology, introduction of new technology printers like CL4NX, increased share of industrial products, new entrants and production of watermarked barcodes techniques are some of the key trends prevailing in the global barcode printers market. Pricing through barcodes can be a bright opportunity for the global barcode printers market to grow.

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Global Barcode Printers Market: Key Players
Some of the major companies involved in the manufacturing of barcode printers are 3S industries, TSC Printers, Zebra Technologies Corporation, Digimac Corporation, Honeywell (Intermec), SATO Corporation, Toshiba Tec, Avery Dennison, Oki Electric Industry Co. Ltd., Printek Inc, Dascom, Printronix.

Key Segments in the Barcode Printers Market

By Printer Type:

Desktop Barcode Printer
Industrial Barcode Printer
Mobile Barcode Printer
Others

By Printing Technology:

Thermal Transfer
Direct Thermal
Dot Matrix
Laser
Ink Jet

By Consumables:

Ribbons
Wax Ribbons
Wax/Resin Ribbons
Resin Ribbons
Labels

By Application:

Industrial/Manufacturing
Transportation/Logistics
Retail
Healthcare
Government
Commercial Services

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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