Baobab Powder Market Study on Pricing Analysis, Macro and Micro Economic Indicators, Future Challenges-2027

The global market baobab powder is anticipated to witness robust growth during the assessment period. Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware about the benefits of baobab powder, which in turn is surging the demand for baobab powder based products such as cereals and bars.

Due to the fact that baobab powder has numerous skin benefits, it is used as an ingredient in various anti-ageing creams and helps protect the skin against high or low temperatures, rejuvenates the skin cells, moisturizes the skin and prevents damage from free radicals. Also, as baobab powder is a rich source of calcium and potassium, it is also found in products such as cereals, bars and jellies. Owing to its wide ranging beneficial properties, the consumption of baobab powder is growing across the globe.

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Segmental forecast of the global baobab powder market

The global baobab powder is segmented on the basis of product type (organic baobab powder, conventional baobab powder), end use (industrial, retail), sales channel (direct sales, indirect sales) and region.

Forecast by Product Type: Organic baobab powder segment is expected to register the highest CAGR during the forecast period. The organic baobab powder segment is estimated to be valued at US$ 8,544.2 Mn by 2027 end and is expected to expand at a CAGR of 6.5% over the forecast period.

Forecast by End Use: The retail segment is estimated to account for the highest value share of 65.2% in 2017 and is projected to reach a market valuation of US$ 6,545.1 Mn by 2027 end, registering a CAGR of 6.3% over the forecast period.

Forecast by Sales Channel: The indirect segment is estimated to account for the highest value share of 75.4% in 2017. This segment is estimated to be valued at US$ 7,602.1 Mn by 2027 end and is expected to expand at a CAGR of 6.3% over the forecast period.

Forecast by Region: North America followed by Western Europe will be the leading markets in the global baobab powder market with an anticipated value share of about 30% and 25% respectively by the end of 2027. North America will witness the highest regional CAGR of 6.8% during the forecast period.

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Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

  • EcoProducts
  • Baobab Fruit Company Senegal
  • B’Ayoba (Pvt) Ltd
  • Organic Africa, Aduna Limited
  • Etude House
  • Woodland Foods
  • Powbab Inc
  • ATACORA
  • Halka B. Organics
  • Indigo Herbs LTD and Organic Burst UK Ltd.

Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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Global Baobab Powder Market Forecast 2017-2027

Future Market Insights predicts the global baobab market to be valued at about US$ 5,483 Mn by the end of 2017 and will continue to grow at a CAGR of 6.2% during the period of study to reach a market valuation of about US$ 10,004 Mn by the end of the forecast period.

Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

  • EcoProducts
  • Baobab Fruit Company Senegal
  • B’Ayoba (Pvt) Ltd
  • Organic Africa, Aduna Limited
  • Etude House
  • Woodland Foods
  • Powbab Inc
  • ATACORA
  • Halka B. Organics
  • Indigo Herbs LTD and Organic Burst UK Ltd.
    Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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 5-years.

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Aquafeed Market Research on Investment Feasibility Matrix & Regional Parent Market Outlook-2027

A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt.

In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is aexpected to reach almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a CAGR of 5.6% in terms of volume during the decadal study 2017 – 2027.

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Segmental forecast of the global aquafeed market

The global aquafeed market is segmented on the basis of species (Crustaceans, Fishes, Others); form (Extruded, Powder, Liquid, Pellets); function (Health, Digestibility, Palatability, Special Nutrition); ingredients (Marine, Land Animal, Veg/Grain, Carotenoid, Nutrients, Others); and sales channel (Direct Sales, Indirect Sales, Hyper/Supermarket, Wholesalers, Speciality Stores, Online, Other Retail Formats).

  • The Extruded form type will likely dominate the global aquafeed market in terms of market share – from an estimated 45% value share in 2017 to slightly over 50% by the end of 2027, the segment will record an impressive increase of about 492 basis points in market share. Pellets is likely to hold the second position by form in the global market.
  • Fishes segment by species will remain dominant through 2027 with about 50% market share estimated to be held in 2017 and remaining consistent throughout the forecast period. This segment will also record the highest CAGR.
  • Vegetable/Grains ingredients segment is expected to show tremendous growth over the forecast period. This segment is poised to witness a growth rate of 6.6% during the forecast period.
  • By function, the Digestibility segment will hold high market value share throughout the forecast period – over 30% share of the global market by the end of the forecast period, with an increase of about 138 basis points over the 2017 value share. This segment will register a CAGR of 6.4% in terms of value followed by the Health segment at 6.3% CAGR.
  • Direct Sales will remain the favourite segment by sales channel and will hold over 60% of the market share throughout the forecast period. This segment is anticipated to be valued at over US$ 30 Bn in 2017.

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Global Aquafeed Market Forecast 2017 – 2027

The new report by Future Market Insights titled “Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to grow at a CAGR of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.

Competitive landscape

The report profiles some of the top companies operating in the global aquafeed market including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in developed and emerging economies are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.

For ease of reader convenience, we have segmented the global aquafeed market into the following categories.

By Species

  • Crustaceans
  • Fish
  • Others

By Form

  • Extruded
  • Powder
  • Liquid
  • Pellets

By Function

  • Health
  • Digestion
  • Palatability
  • Special Nutrition

By Ingredients

  • Marine
  • Land Animal
  • Veg/Grain
  • Carotenoid
  • Nutrients
  • Others

By Sales Channel

  • Direct Sales
  • Indirect Sales
  • Hypermarket
  • Supermarket
  • Wholesalers
  • Speciality Stores
  • Online
  • Other Retail Formats

By Region

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

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Fruit Concentrate Puree Market Size Value Comparison with Pricing Analysis, Future Data Prediction with Key Facts-2032

The fruit concentrate puree consumer market is currently valued at USD 1700Mn in the year 2021which is estimated to grow with a CAGR of 6.8% to a value of USD 3282.2 Mn for the forecast period of 2022-2032.

Future Market Insights projects that such factors will restrain the global fruit concentrate puree market from growing robustly. The global market for fruit concentrate purée, which is presently valued over US$ 1,300 Mn, is anticipated to register a 4.8% CAGR and reach US$ 2,149.1 Mn by the end of 2026. In the due course of this forecast period, the global consumption of fruit concentrate purée will also propel moderately, recording the global sales of just over 6,000 tons and showcasing a volume CAGR of 3.7%.

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The Exotic Fruit segment in the global fruit concentrate puree market is estimated to be valued at more than US$ 400 Mn in 2017, which is estimated to increase at a CAGR of 5.7% over the forecast period to reach more than US$ 700 Mn by the end of 2026. The Exotic Fruit concentrate puree market is anticipated to record absolute $ opportunity of US$ 274.34 Mn between 2016 and 2026. The Exotic Fruit segment is expected to expand at a CAGR of 3.8% in terms of volume over the forecast period.

  • An unyielding competition between local manufacturers and global players has lowered the momentum for international trade of fruit concentrate purée. To rev up the native production of fruit concentrate purée, countries are fortifying their importation laws, levying additional duty on imports of purée concentrates.
  • While strong import barriers & uptight antidumping laws are diminishing the global supply for fruit concentrate purée, the global economic meltdown is also impeding the demand for such products.
  • Undulating import-export and trade policies are inducing instability in the overall growth of global fruit concentrate purée market.
  • The demand-supply gap in the global market for fruit concentrate purée is further aggravated when harsh environmental conditions end up ruining the produce of fruit plantations across the globe.

According to the report, the widened demand-supply gap in the global fruit concentrate purée market might shrink down due to rising yield of non-GMO fruit plantations. Growing use of purée concentrates in production of baby foods and longer shelf-life of such products is also likely to drive the global sales of fruit concentrate purée in the years to come.

Among all regions in the world, the fruit concentrate purée market in Latin America has been predicted to display an unmatched growth in terms of volume and value. While North America and Western Europe will dominate with more than 50% share in global revenues, Latin America’s fruit concentrate purée revenues will be soaring vigorously at more than 11% CAGR. The report indicates lucrative growth for fruit concentrate purée in Latin America, and also signifies impressive revenue growth in Eastern Europe, Middle East & Africa, and the Asia-Pacific excluding Japan (APEJ) region.

Agrana Juice GmbH and Doehler GmbH will remain two key companies dominating the competitive landscape of global fruit concentrate purée market. These companies are actively contributing in global production of purée concentrates from all fruit families; citrus, berry, orchard as well as exotic.

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Companies such as Tree Top Inc., and Watt’s SA are specialising in production of exotic and orchard fruit concentrate purée, while the global market is also witnessing considerable participation from companies such as China Huiyuan Juice Group Ltd., Cobell Ltd., Fénix S.A., Grünewald Fruchtsaft GmbH, Kerr Concentrates Inc., and Tianjin Kunyu International Co. Ltd.

Segmentation in Fruit concentrate puree market

Fruit type:

  • Cherry
  • Banana
  • Apple
  • Mango
  • Blackcurrant
  • Passion fruit
  • Strawberry
  • Guava
  • Blueberry
  • Cranberry
  • Others

Product type:

  • With Sugar
  • Sugar-free

Application:

  • Beverage
  • Baby Food
  • Bakery products
  • Sauces & Dressings
  • Desserts & Dairy
  • Others

Region:

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

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Key Questions Answered in the Report

  • How much is the Fruit Concentrate puree market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Fruit Concentrate puree sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Fruit Concentrate puree?
  • Who are the major players in the Fruit Concentrate puree Market?
  • What outlook does APAC provide?
  • At what rate will the U.S. Fruit Concentrate puree market grow?
  • At what level does the report reflect pricing analysis?

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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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On-the-go Breakfast Products Market Supply & Demand, Pricing Analysis, Opportunity Map Analysis & Product Portfolio-2026

According to a recent study, Future Market Insights projects that the global for on-the-go breakfast products market will rise at 4.2% CAGR from 2019 to 2026, reaching US$ 1,853.2 million by the end of 2026. Future Market Insights estimates that moderate consumption of on-the-go breakfast products in the world is factored by low consumer awareness.

While the convenience in consuming & manufacturing packaged food products favours the growth in popularity of on-the-go breakfast products, a majority of consumers are likely to be less aware of the benefits of replacing regular breakfasts with such products

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Rising Demand for Quickly-made and Healthy Breakfast Stokes Growth Prospects

Growing demand for packaged foods creates need for increasing presence of on-the-go breakfast products in food & beverage retail stores. Manufacturing ready-to-eat edibles has become profitable for leading F&B companies as innovative technologies continue to deliver cost-effectiveness in production, preservation and packaging processes.

Globally, the demand for on-the-go breakfast products is increasing at an unprecedented pace, indicating that consumers from around the globe are preferring quickly-made yet healthy breakfasts such as oatmeal or yogurt cereals. The biggest challenge, however, is that global distribution for on-the-go breakfast products has been riddled with several shortcomings that abridge the supply chain and lower the presence of such products in consumer retail outlets.

Absence of Strong Distribution Network Curtails Growth

Distribution of on-the-go breakfast products in several regions is projected to be inconsistent, which is hampering the overall growth of the global market. Consumers in developed countries are more aware about on-the-go breakfast products compared to developing regions.

Manufacturers in developing countries such as Brazil, China and India, among others, are known to opt for selective distribution channels such as sociality outlets and e-tailing platforms. As a result, the on-the-go breakfast products distribution in these regions is weakened due to less prevalence in other distribution channels. Furthermore, expensive costs of on-the-go breakfast products, compared to other ready-to-eat products, is also sidetracking consumer preferences with respect to packaged breakfast products.

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Western Europe Exhibits High Demand for On-The-Go Breakfast Products

In 2016, over one-fourth of the global on-the-go breakfast products revenues are estimated to be amassed from Western European countries. The on-the-go breakfast products market in Western Europe is expected to remain dominant through 2026, reaching US$ 566.4 million in market value. On the other hand, Eastern Europe’s on-the-go breakfast products revenues will incur a sluggish growth, expanding at merely 2.2% CAGR over the forecast period.

The on-the-go breakfast products market in Asia-Pacific excluding Japan (APEJ) region will account for over 18% share of global market, while Japan’s on-the-go breakfast products revenues will surpass US$ 200 million by 2026-end. Over the forecast period, sales of on-the-go breakfast products in Middle East & Africa (MEA) will grow at the slowest pace, Latin America’s global market share will remain less than 10%. Meanwhile, growing demand for healthy & convenient breakfasts in the US is expected to instrument a favourable growth in demand for on-the-go breakfast products in North America.

Key Market Segments

By Type

  • Breakfast Cereals
  • Dairy based Breakfast Drinks

By Distribution Channel

  • Hypermarket/Supermarket
  • Retail Stores
  • Convenience Stores
  • Online Selling
  • Others (Direct Selling)

By Region

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

Key Insights into Market

  • Quaker Oats Company is expected to continue being recognised as one of the largest manufacturers of on-the-go breakfast products in the world.
  • Throughout the forecast period, the demand for breakfast cereals will continue remain high, accounting for more than 65% of the global market revenues.
  • Supermarkets will continue accounting for more than 50% of global distribution of on-the-go breakfast products.
  • Expanding market presence through launch of new on-the-go breakfast products such as cereals, drinks or dairy-based items, will be a key strategy for Kellogg’s Co.
  • Other companies partaking in the growth of global on-the-go breakfast products market includes, MOMA, Uncle Toby’s, Sanitarium, General Mills, Inc., Anchor, Bagrry’s India Ltd., Weetabix Ltd., and Nestlé S.A.

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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 4-years.

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Egg Replacement Ingredient Market Research, Supply Side Participants and their Roles till 2026

Future Market Insights (FMI) delivers key insights into the global egg replacement ingredient market in its report, titled “Egg Replacement Ingredient Market: Global Industry Analysis and Opportunity Assessment, 2019-2026”. In terms of value, the global egg replacement ingredient market is expected to expand at a CAGR of 5.8% during the forecast period due to various factors, which FMI offers vital insights into in detail.

Increasing Awareness about Preventive Healthcare to Boost Growth

According to Future Market Insights analysis, the rising prices of eggs and increasing consumer awareness towards preventative healthcare are expected to boost the growth of the global egg replacement ingredient market during the forecast period. Consumers prefer products comprising plant based natural ingredients due to various health issues.

This is fueling the demand for egg replacement ingredients in the global market.

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Moreover, egg shortage crisis due to avian influenza coupled with a complicated egg handling and production process is further expected to drive the market demand in the near future. High profitability margins, ease of resource availability, rising economic opportunity in developing nations and food manufacturers’ concentration towards offering clean label products are factors encouraging new players to venture into the global egg replacement ingredient  market. Established players in the global egg replacement ingredient market are focusing on product innovation and new product launches, which is creating robust competition in the global market.

“Increased cost of the final product and the fact that egg replacement ingredients do not offer the same taste effect as eggs is likely to restrict the growth of the global egg replacement ingredient market over the forecast period.” – Analyst – Food & Beverages, Future Market Insights

Key Market Segments

The global egg replacement ingredient market is segmented on the basis of Ingredient (Milk Protein Formulation, Algal Flour, Proteins, Starch, Soy Products (Lecithin, Tofu & Tahini), Others (Fruit Purees & Vinegar)); Application (Chocolates, Biscuits & Cookies, Cakes/Pastries/Muffins/Breads, Mayonnaise, Noodles & Pasta); End Use (Commercial (Large Scale Food Manufacturers, Small Scale Food Manufacturers), Household); and Form (Liquid, Powder).

  • The milk protein formulation ingredient segment is estimated to be valued at US$ 331.5 Mn by the end of 2019.
  • The mayonnaise application segment is expected to register a CAGR of 5.6% over the forecast period. The Cakes/Pastries/Muffins/Breads application segment is estimated to be valued at US$ 279.3 Mn by the end of 2019.
  • The commercial end use segment is anticipated to register a CAGR of 6.2% over the forecast period to reach a market valuation of US$ 1,270.8 Mn by the end of 2026.
  • The powder form segment is estimated to account for a value share of 77.8% of the global egg replacement ingredient market by the end of 2019

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Growth Forecasts on Regional Markets

The global egg replacement ingredient market is segmented into the four key regions of North America, Latin America, Europe, Middle East & Africa (EMEA), and Asia Pacific (APAC). The North America egg replacement ingredient market is estimated to be valued at US$ 501.2 Mn by the end of 2019. The market in this region is expected to gain significant market share of the global egg replacement ingredient market by 2026 end. Increasing demand for vegan products in Asia Pacific is expected to drive growth of the market in the region over the forecast period.

Market segmentation

By Ingredient

  • Milk Protein Formulation
  • Algal Flour
  • Proteins
  • Starch
  • Soy Products (Lecithin, Tofu & Tahini)
  • Others (Fruit Purees & Vinegar)

By Application

  • Chocolates
  • Biscuits & Cookies
  • Cakes/Pastries/Muffins/Breads
  • Mayonnaise
  • Noodles & Pasta

By End Use

  • Commercial
  • Large Scale Food Manufacturers
  • Small Scale Food Manufacturers
  • Household

By Form

  • Liquid
  • Powder

By Region

  • North America
  • Latin America
  • Europe, Middle East & Africa (EMEA)
  • Asia Pacific (APAC)

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FREQUENTLY ASKED QUESTIONS ABOUT EGG REPLACEMENT INGREDIENT MARKET

Which region will emerge dominant in the global egg replacement ingredient market?

North America is expected to remain the dominant market for egg replacement ingredient between 2019 and 2026.

Which application segment is expected to show highest rate of growth?

In terms of application, the mayonnaise segment accounts for the highest volume of share. However, over the forecast period, the cakes/pastries/muffins/breads segment is expected to record the highest rate of growth in terms of value.

What drives egg replacement ingredient market?

Rising economic opportunities in developing nations and the increasing demand for vegan and vegetarian food products are key factors driving the egg replacement ingredient market.

Which segment among ingredients will witness highest demand?

Among egg replacement ingredients the market offers, the demand for milk protein formulation is considerably high. The segment held leading market share, however, in the coming years, whey protein is expected to become the most preferred ingredients in the market.

Which segment among end users will exhibit the highest demand?

The commercial segment is forecast to hold the dominant share in the egg replacement ingredients market through the course of the forecast period.

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 4-years.

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Processed Superfruits Market Value Size, Product Portfolio, Demand in Optimistic Scenario & Consumer Insights-2026

Future Market Insights delivers key insights on the global processed superfruits market in a new publication titled, “Processed Superfruits Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. In terms of value, the global processed superfruits market is projected to register a healthy CAGR of 5.9% during the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth of the global processed superfruits market.

According to Future Market Insights analysts, significant demand for superfruits based antioxidants is expected to drive the growth of the global processed superfruits market during the forecast period. An increasing demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is further likely to boost overall growth of the global processed superfruits market.

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The global processed Superfruits market is also driven by several other factors such as increasing demand for antioxidants, rising income levels in emerging economies, substantial demand for multi-use food ingredients in the food and beverage industry, and increased awareness of the nutritional attributes of superfruits. The multiple uses of superfruits as natural food colouring, natural food flavouring, and other purposes besides dietary food and functional ingredients is another key driver for the global processed superfruits market growth.

However, high costs associated with the production, processing, and preservation of processed superfruits and a lack of consistency in terms of superfruits flavour is likely to pose challenges and restrict the growth of the global processed superfruits market over the forecast period.

“Consumers are increasingly inclined towards natural food products due to various health issues associated with artificial additives and ingredients in food processing. This preference for natural food products globally is expected to fuel the demand for processed superfruits in the food and beverages industry.” – Analyst – Food & Beverages, Future Market Insights

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Key Segment

By Fruit Type

  • Apple
  • Grape
  • Acai
  • Pomegranate
  • Blueberry
  • Cranberry
  • Raspberry

By Food Sub-Segment

  • Functional Food
  • Dairy Products
  • Bakery and Confectionery
  • Other Food Products

Regional market projections

The global processed superfruits market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. The Latin America and APEJ processed superfruits markets are expected to register high growth rates between 2016 and 2026 in terms of value.

In terms of volume, the North America market is expected to reach 4,943,563 tons by the end of 2026, registering a volume CAGR of 4.7% during the forecast period. Latin America is anticipated to represent absolute $ opportunity of US$ 224.5 Mn in 2016 over 2015. The APEJ processed superfruits market accounted for US$ 6,475.1 Mn in 2015 and is expected to increase to US$ 6,809.5 Mn by the end of 2016, reflecting a growth rate of 5.2%. The Japan region is anticipated to reach 867,546 tons in terms of volume by the end of 2026, witnessing a volume CAGR of 4.4% during the forecast period.

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Vendor insights

The global processed superfruits market report profiles some of the leading players operating in the global processed superfruits market. Companies featured in the report are Symrise AG, SunOpta Inc., Kerry Group plc, Agrana Beteiligungs-AG, Del Monte Pacific Limited, Ocean Spray Cranberry Inc., PepsiCo, Inc., Dabur India Ltd., Uren Food Group Limited, and Frutarom Industries Ltd. Top companies dominating the global processed superfruits market are focussing on diversifying their product portfolio and expanding their businesses in emerging markets through strategic mergers and acquisitions.

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 4-years.

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Lights for Dental Healthcare Market to Grow with North America accounts for Largest Revenue Share

Despite the COVID-19 dilemma, the global demand for lights for dental healthcare, which is anticipated to be worth US$ US$ 490.1 million in 2022, is expected to grow at a CAGR of 4.4 percent to reach US$ 595.5 million by 2026.

Dentists use dental lights to distinguish numerous nuances in diagnosing tissues because they provide high-quality illumination.

Growing global awareness of oral hygiene and dental treatment, as well as increased usage of dental lights, is expected to propel the lights for dental healthcare market share forward in the future years.

During the analysis period, increasing patient preference for dental health tourism is expected to present profitable growth prospects.

Dental treatment is inexpensive in nations such as Thailand, Egypt, and India, among others, with solid insurance policies for excellent patient care. As a result of these benefits, tourists are more likely to seek dental treatment in emerging countries, boosting the demand for lights for dental healthcare.

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Furthermore, the procedure cost for dental health services such as orthodontics and dental crowns is five to ten times less than the actual price in nations such as the United States and the United Kingdom. Dental light market expansion is also likely to be fueled by experienced and qualified professionals providing oral healthcare in emerging countries.

Increased oral healthcare concerns as a result of poor eating habits, as well as an increase in the number of oral ailments, are expected to drive the demand for lights for dental healthcare.

According to the CDC, almost 90% of Americans over the age of 20 have cavities, and nearly 27% of adults have untreated dental caries. As a result, the aforementioned factors increase the demand for dental health services in order to better manage patients. However, a lack of public awareness about dental treatments could stymie the expansion of dental health clinics.

Modern habits such as alcohol and cigarette use are also contributing to an increase in dental difficulties, resulting in a larger patient pool and driving demand for dental health services and dental lights.

In rising economies like India and Thailand, medical tourism has also been a major driver of demand for lights for dental healthcare. Patients are flocking to these rising nations for dental procedures since procedure costs are a fraction of what they are in North America and Europe.

Dental clinics are likely to generate demand for dental lights as they adopt new and technologically advanced goods.

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Key Takeaways

  • In the year 2021, the lights for the dental healthcare market in the United States are expected to be worth US$147.1 million. In the global market, the country currently holds a 31.04 percent stake.
  • China, the worlds second-largest economy, is expected to reach a light for the dental healthcare market size of US$59.9 million in 2026, representing a CAGR of 6.3 percent over the study period.
  • The halogen lights sub-segment is the second most valuable sub-segment in the product type category, with a projected CAGR of 3.7 percent during the assessment period.
  • The need for dental lighting will be driven by a growing senior population suffering from a variety of oral problems such as bleeding gums, gingivitis, and periodontal diseases.
  • During the next few years, the dental health clinics market is expected to rise significantly. Dental lights will be in higher demand in dental clinics as more technologically advanced gadgets become available to serve a broader population with optimal patient comfort.
  • After a careful examination of the pandemics commercial ramifications and the resulting economic crisis, the Halogen segments growth is revised to a revised 3.6 percent CAGR for the next seven years. The global lights for the dental healthcare market are now dominated by this category, which holds a 31.1 percent share.

Competition Landscape

Danaher, DentalEZ, Flight Dental Systems, PLANMECA, TPC Advanced Technology, A-dec, Midmark, and Dr. Mach are some of the leading industry participants in the lights for the dental healthcare market. To extend their geographical presence and improve market share, notable company players in this industry are employing a variety of organic and inorganic growth techniques.

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Key Market Segments:

By Light Source:

  • LED
  • Halogen

By Mobility:

  • Fixed
  • Mobile

By End Use:

  • Dental Clinics
  • Hospitals

By Region:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Benelux
    • Nordic
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • MEA
    • GCG
    • South Africa
    • Turkey

About FMI:

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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Fuel Cell for Stationary Power Market Value to Achieve USD 6 Billion by 2032

During the forecast period, it is predicted that the global Fuel Cell for Stationary Power Market will expand at a strong CAGR of 12.8%, rising from US$ 1.6 Bn in 2021 to around US$ 6 Bn by 2032.

The growing market for clean energy generation in developed regions, greater use of fuel cell-based vehicles, a burgeoning power sector, and increased power generation capacity globally are all contributing to the fuel cell technology expansion.

The expanding market for small and large capacity fuel cell devices, as well as increasing commercial and public sector investments focusing on creating hydrogen infrastructure, is likely to provide enough opportunity to fuel the demand for fuel cell for stationary power. Product rollout will also be aided by favorable legislation and norms, as well as increased investments in electrification in distant locations.

COVID-19 has had an impact on economic development in numerous regions, which has had an impact on the fuel cell for stationary power market. Many manufacturing operations have been suspended as a result of lockdowns and curfews, resulting in an increase in gasoline prices.

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Furthermore, increasing customer awareness of the need to cut GHG emissions and improve air quality will boost the development of fuel cell power plants. The bulk R&D efforts are concentrated on the development and advancement of fuel cell-powered cars, which is likely to open up new market prospects.

The lack of hydrogen fueling infrastructure may have an impact on the future need for hydrogen generation by fuel cell vehicles. The development of hydrogen fueling stations will necessitate significant investment and extensive assistance from both public and commercial groups. As a result, the market for hydrogen-based fuel cells is now stifled due to a lack of supporting infrastructure.

Until 2030, the industrial/utility fuel cell for stationary power market is expected to grow by more than 12%. The market of fuel cells for power generation will be stimulated by the implementation of attractive government policies, greater financing for technology development, and a shift in consumer awareness toward clean and sustainable energy.

Product penetration will be bolstered by rising off-grid electricity use and increased compliance with regulatory norms and regulations. Additionally, the implementation of large-scale stationary systems, particularly in the utility sector, is expected to be influenced by the introduction of hydrogen roadmaps and standards.

Key Takeaways

  • Owing to the increased installation of large-scale CHP systems in countries such as the United States and South Korea, the 50-kW capacity category is expected to develop at a pace of roughly 13% through 2030.
  • Japan and South Korea combined are anticipated to contribute more than US$ 17 Bn by 2030.
  • In 2021, the China fuel cell for stationary power market was expected to be worth roughly USD 21 million. Shifting the government’s focus to scientific breakthroughs for hydrogen fuel cell applications will help the product reach its full potential.
  • The fastest-growing end-user segment is expected to be fuel cell vehicles. Fuel cell-powered vehicles have a lot of promise because of the growing demand to minimize carbon emissions, which is predicted to enhance the market for fuel cell technology.

“The fuel cell for stationary power marketis expected to develop as consumer awareness of clean energy technology, and solutions grows, as does demand for electricity and the application of regulatory standards and requirements.”

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Competitive Landscape:

Cummins, Ballard Power, Plug Power, Posco Energy, SFC Energy, GenCell Ltd., Fuel Cell Energy, Bloom Energy, Altergy, Aris Renewable Energy LLC, and AFC Energy are among the major participants in the sales of fuel cell for stationary power.

Continuous investments in technological breakthroughs, as well as increased research and development operations for new product creation, would help them expand their fuel cell for stationary power market share. Inorganic strategy actions such as joint ventures, mergers and acquisitions, and others, on the other hand, will promote product deployment across geographies.

For example, Ballard Power Systems announced a strategic relationship with the road equipment manufacturer in 2022 for 31 hydrogen fuel cell modules that can offer 3 MW of power.

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 keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

About FMI:

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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Patient Engagement Platforms Market Value to Surpass USD 93.4 Billion by 2032

The global Patient Engagement Platforms Market was worth USD 16.6 billion in 2021, and it is predicted to grow at a CAGR of 17% throughout the forecast period, to reach US$ 93.4 Billion by 2032.

Factors driving the patient engagement platforms market share include favorable government laws and activities to promote the adoption of HCIT solutions, the benefits of patient rounding solutions, and the growing number of stakeholder alliances and partnerships.

However, constraints such as costly IT infrastructure investments and a dearth of trained IT workers in the healthcare industry are projected to limit the demand for patient engagement platforms to some extent over the forecast period.

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Government policies and activities that encourage the adoption of HCIT solutions are driving the sales of patient engagement platforms forward.

The rising demand for high-quality treatment has driven healthcare systems around the world to implement cutting-edge technology that assists cut costs, improving care quality, and eliminating administrative inefficiencies. This guarantees that all hospitals have access to better patient experience platforms.

The HITECH Act formed ONC and gave the US Department of Health and Human Services the authority to create initiatives to promote health IT and improve healthcare quality, safety, and efficiency. The usage of patient experience technology solutions is likely to increase as a result of such activities.

The majority of healthcare organizations engaged in patient engagement in healthcare lack the necessary infrastructure (technology, data, and other resources) to implement complex HCIT solutions.

Providers must make additional expenditures in infrastructure development to support IT systems in order to properly integrate patient experience technology solutions.

Owing to the efficiency of a patient experience technology solution is determined by the hardware and software available to the end-user, any end-user interested in implementing one must first invest extensively in these areas. Many hospitals have limited funds; such large investments are difficult for them to make.

Patient engagement platforms market adoption is on the rise as a result of factors such as the rising prevalence of chronic diseases and the growing geriatric population.

According to the American Diabetes Association 2020, 1.5 million new cases of diabetes are diagnosed in the United States each year. Companies are focused on the development of patient engagement solutions in response to the rising number of diabetic patients.

Data security issues are extremely critical in the digital patient engagement platforms since the infrastructure can be exposed to networks that are not part of the organization’s secure network.

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Medical devices connected to home networks, public Wi-Fi, or cellular networks, for example, may broadcast information back to the hospital’s network. These external networks may not be secure, allowing unwanted access to the data being exchanged. As a result, patient comments may be shared with unintended recipients, which could be exploited and lead to a security breach.

Key Takeaways

  • In 2026, the market for patient experience technology in the United States is predicted to be worth $299 million.
  • With a revenue share of over 75.0 per cent in 2021, the web and cloud-based category dominated the market. These solutions are becoming more popular as a result of remote access to real-time data tracking, integrated features, easy accessibility, low handling costs, and simple data backup.
  • In 2020, the technology category impacted the majority of the patient experience technology and patient engagement platforms market outlook in the United States. Technology is an essential aspect of the patient experience journey, and it is expected to increase at the fastest CAGR during the projection period.
  • In 2021, the software and hardware sector had the greatest patient engagement platforms market share of more than 60.0 per cent, and it is predicted to grow at the quickest CAGR over the forecast period.
  • As the key component of every patient engagement solution, communication accounted for the greatest patient engagement platforms market share of approximately 35.0 per cent in 2021. A spike in demand and implementation of telehealth, mhealth, and other virtual communication options via audio, video, and text is responsible for this huge proportion.
  • Due to the presence of significant players, increased acceptance of mhealth and EHR, and expanding investment in patient engagement software by big enterprises, North America held the largest revenue share of about 35.0 per cent in 2021.

“During the forecasted period, the Asia Pacific patient engagement platforms market is predicted to grow at an attractive rate of 18.8%. The growth of this region is aided by the economic prosperity of countries such as India and China.”

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Competitive Landscape

Due to the presence of large and small enterprises, the demand for patient engagement platforms has been characterized by severe rivalry. A considerable portion of the market is controlled by key players. To increase their market presence, major firms are pursuing new strategies such as geographic penetration, new product/solution development, mergers and acquisitions, partnerships, and strategic alliances.

Some prominent patient engagement platform vendors in the global patient engagement platforms market include NextGen Healthcare, Inc., CPSI, McKesson Corporation, Allscripts Healthcare, LLC, Experian Information Solutions, Inc., ResMed, Epic Systems Corporation, Klara Technologies, Inc., Koninklijke Philips N.V., and Cerner Corporation.

  • Press Ganey (US) collaborated with The Beryl Institute (US) in 2021, a global network of healthcare professionals and seasoned champions. Press Ganey will focus on expanding the healthcare experience movement as a result of this partnership.
  • Vocera (US) and Amazon (US) cooperated in 2021 to create the Vocera Skill tool for Alexa. Vocera Skill will add hands-free and immersive voice experiences for patients and their families to Vocera’s ecosystem.
  • SONIFI Health (US) and CipherHealth (US) formed a strategic agreement in 2021 to combine their primary strengths and give health systems a more comprehensive approach to patient communication and successful care planning.

About FMI:

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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Breast Reconstruction Surgery and Treatment Market to Expand owing to Rising Prevalence of Breast Cancer

[323 Pages Report] During the projected period, the Breast Reconstruction Surgery and Treatment Market is anticipated to grow at a CAGR of 2.7%, reaching a value of US$ 647 million in 2026, up from US$ 567 million in 2021. Increased awareness of the safety of breast reconstruction alternatives is comforting women who are having a mastectomy or other breast cancer surgery to proceed with reconstruction.

The high breast reconstruction surgery and treatment market adoption are due to the increasing number of items with innovative technologies. The high cost of breast reconstruction surgery procedure, on the other hand, is a major issue limiting the market growth.

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Breast reconstruction surgery procedure is becoming more well-known. Following a mastectomy, a number of people choose to have breast reconstruction surgery. This is primarily due to rising concerns and increased information about the safety and efficacy of reconstructive surgery. This trend can be seen in both developed and developing countries where people’s living standards are rising due to the positive breast reconstruction surgery and treatment market outlook.

Greater breast cancer prevalence and incidences, as well as increased mastectomy rates, increased cancer risk due to increased oestrogen and progesterone levels, and growing awareness of breast reconstruction surgery options are leading to an increase in the number of women opting for reconstruction procedures. Furthermore, technological advancements in the design and operation of revolutionary equipment that increase the comfort and safety of breast reconstruction surgery, as well as the availability of a sufficient number of qualified plastic surgeons, should boost the sales of breast reconstruction surgery and treatment.

High surgical expenses and difficulties, such as adverse effects of surgical operations, changes in nipple and breast sensation, scar development, and, in some cases, rupture with deflation of saline-filled implants associated with breast reconstructions, have stifled the breast reconstruction surgery and treatment market’s growth. Hematoma, skin necrosis, and seroma are the most commonly reported problems following Acellular Dermal Matrices (ADM) breast reconstruction procedures.

Various corporations have also issued product recalls. For example, Allergan said in December 2018 that it would stop selling textured tissue expanders and breast implants in Europe. The company’s CE Mark for these products has expired, prompting the recall. Such occurrences have a negative impact on market development.

Technological breakthroughs are anticipated to result in revolutionary improvements in breast reconstruction surgery outcomes. The method is being simplified by the use of modern imaging technologies in conjunction with ADMs.

3D printing, which is being used to make soft absorbable shells with silicon filling to integrate with the specific medical requirements of patients, is one of the innovations that is expected to influence the breast reconstruction markets. In the approaching years, the increasing use of silicone and saline breast implants, ADMs, and tissue expanders is projected to be a major trend in the adoption of breast reconstruction surgery and treatment.

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Key Takeaways

  • In 2020, the breast implants sector held the biggest breast reconstruction surgery and treatment market share. This is mostly due to an increase in the frequency of breast reconstruction procedures and the incidence of breast cancer.
  • North America had the biggest breast reconstruction market in 2020, followed by Europe. The key factors driving the expansion of breast reconstruction in North America are rising breast cancer occurrences, more knowledge of breast reconstruction, and FDA approvals for breast reconstruction products in this region.
  • Owing to the increased number of surgical procedures in this area, the Asia Pacific breast reconstruction market is predicted to grow at the quickest rate over the forecast period.
  • The COVID-19 pandemic has had a mixed effect on the market for breast reconstruction surgery options. Because the breast reconstruction business comprises both items and procedures, each has its own set of consequences.

“The growing elderly population, the rising prevalence of breast cancer, better reimbursement for breast reconstruction, and more understanding of breast reconstruction are all propelling the demand for breast reconstruction surgery and treatment.”

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Competitive Landscape

The prominent players operating in this market include RTI Surgical Holdings, Sebbin, GC Aesthetics, Sientra, Allergan Aesthetics, Integra Lifesciences, Establishment Labs S.A, POLYTECH Health & Aesthetics, and Mentor Worldwide LLC.

Mentor Worldwide LLC (Johnson & Johnson) is a major player in the breast reconstruction business in the United States. The company has a diverse product portfolio available all around the world. The company has retained its leadership position in the breast reconstruction market over the years.

Key Market Segments:

By Product:

  • Breast Implants
    • Silicone Implants
    • Saline Implants
    • Round Implants
    • Anatomical Implants
  • Tissue Expanders
  • Acellular Dermal Matrix

By Procedure:

  • Immediate
  • Delayed
  • Revision

By Type:

  • Unilateral
  • Bilateral

By End User:

  • Hospitals
  • Cosmetology Clinics and Ambulatory Surgical Centers

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

About FMI:

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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