Pulse Products Sales Expected to Grow at 4.3% CAGR, Reaching a Valuation of USD 1,95.0 Billion by 2032

Pulse Products Market
Pulse Products Market

As per FMI, the global pulse products market size is valued at US$ 1,28,023.8 Mn in 2022 and is expected to grow to US$ 1,95,044.6 Mn by 2032, with overall sales likely to rise at 4.3% CAGR throughout the forecast period.

Pulse products are a fast-growing market with immense potential. The demand for these nutritious and delicious products is on the rise, as people become more health-conscious and seek out foods that are good for them.

There are many reasons for the increasing popularity of pulse products. They are packed with nutrients, including protein, fiber, and vitamins, and they are low in calories and fat. Pulse products are also versatile and can be used in a variety of dishes, from soups and stews to salads and pasta.

Consumption of pulse products provides numerous health benefits such as boosting immunity, promoting body growth, and reducing chances of disease development. As a result, these products are gaining immense traction among health-conscious consumers.

Another factor driving the sales of pulse products is the growing demand for vegan and gluten-free foods. Pulse products have become great choices for people with dietary restrictions or allergies as they are low in carbs and calories. Pulse products are also non-GMO and made with organic ingredients. This appeals to consumers who are looking for healthy, natural products.

Key Takeaways:

  • Based on product, dry peas segment is expected to account for a significant value share of over 13% in the global pulse products market in 2022.
  • By type, the pulse protein segment is likely to grow at a higher pace during the forecast period.
  • North America is projected to hold a revenue share of around 34.4% in the global pulse products market during the forecast period.
  • The India pulse products market is anticipated to expand at around 5.4% CAGR between 2022 and 2032.
  • The pulse products market in the U.K. is expected to grow at a steady CAGR of 4.6% during the projected period.
  • The U.S. pulse products market is expected to reach a valuation of US$ 34 Bn in 2022.

“Rising demand for healthy and nutritional products by consumers is projected to boost the pulse products market during the projected period. Besides this, growing applications in pet food will further propel the demand for pulse products over the next ten years,” says a lead analyst at Future Market Insights.

Rising Usage in Food Products Boosting Pulse Products Market

Companies are using pulse products in their food products because they are a healthier option than some other types of food. For example, pulse flour is lower in calories and has more nutrients than other types of flour.

Pulse products are used by companies like Avena Foods to create functional foods and supplements. The products come in many forms, including powders, granules, and tablets. They can be used to create healthy snacks or meals, and they are also popular among athletes and those looking to maintain a healthy weight.

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Competitive landscape:

Top 5 manufacturers of pulse products include Roquette, Vestkorn, Purisfoods, Avena Foods and ADM, together holding around 20% to 30% Pulse products market share. These companies are adopting various organic and inorganic strategies such as new product launches, mergers, acquisitions, collaborations, partnerships, price reduction, and strengthening of distribution channels to improve their revenue share as well as expand their global footprint.

Pulse Products Market by Category

By Product:

  • Chick Peas
  • Kaspa Peas
  • Lentils
  • Pigeon Peas
  • Fava Beans
  • Black Gram
  • Beans
  • Dry Peas
  • Mung Beans
  • Other

By Type:

  • Pulse Fiber
  • Pulse Grits
  • Pulse Starches
  • Pulse Protein
  • Pulse Flour

By Application:

  • Bakery
  • Beverages
  • Extruded Snacks
  • Pet Food
  • Others

By End User:

  • Home Use
  • Snack Food Industry
  • Flour Industry
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Global CBRN Protection Equipment Market to Reach USD 10.3 Billion by 2033, Growing at a 5.6% CAGR

The global CBRN (Chemical, Biological, Radiological, and Nuclear) protection equipment market is projected to reach USD 10.3 billion by 2033, growing at a moderate CAGR of 5.6%. The market is expected to achieve an estimated value of USD 6.0 billion by the end of 2023. This growth is driven by escalating geopolitical tensions, hostile neighboring nations, terrorist threats, and increasing regional conflicts, as well as the stockpiling of Weapons of Mass Destruction (WMD).

Defense organizations worldwide are increasingly utilizing CBRN protection equipment for rescue missions and field operations. Government efforts to mitigate the impact of CBRN incidents are expected to further fuel market expansion. Advanced military training programs aimed at enhancing detection and response capabilities also boost demand for CBRN materials and equipment.

Increased demand for innovative CBRN protection technologies, including integrated collective protection (COLPRO) systems in military operations, is further supporting market growth. Additionally, the development of CBRN protection equipment to counter biological warfare, which poses significant risks due to the contagious nature of biological agents, is expected to generate further market opportunities. Manufacturers are focusing on creating advanced equipment to protect populations from these biological threats.

CBRN Protection Equipment Market
CBRN Protection Equipment Market

Key Takeaways:

  • Increasing biowarfare and chemical weapons are expected to drive the market demand over the forecast period.
  • The U.S. is expected to continue market domination through 2029.
  • Germany will likely account for 18% of the Europe CBRN protection equipment market over the forecast period.
  • China CBRN protection equipment market is expected to account for 51.7% of the East Asia market.
  • By product type, personal protective equipment expected to account for 52.9% of market sales during 2022-2029.
  • By category type, C decontamination is expected to lead the market.
  • Military segment is the leading end-user of the market.

Competitive Landscape

Key players in the global CBRN protection equipment market are focusing on mergers and acquisitions of peers. Market players are employing strategies to increase customer retention and strengthen their relationships with existing customers. These organizations are also investing in increasing the number of CBRN protection equipment contracts with Governments to extend their market penetration and increase their global market share.

Key Companies Profiled

  • 3M
  • Ansell Ltd.
  • Honeywell International Inc.
  • AirBoss of America Corporation
  • Drägerwerk AG & Co. KGaA
  • MSA Safety Inc
  • HDT Global
  • Avon Protection Systems
  • Chemviron Carbon
  • LION Group, Inc.
  • Blauer Manufacturing Co., Inc.
  • AMETEK, Inc.
  • Ouvry – Systèmes de protection NRBC
  • MDH Defence
  • Seyntex
  • Portsmouth Aviation Ltd.
  • BLÜCHER GmbH
  • ROFI

CBRN Protection Equipment Markey by Category

By Product Type:

  • Mobile / Transportation CBRN Protection Equipment
    • Air Purification Units
    • Integrated Colpro Systems
    • Protective Entrances
    • ROV Bags
    • Medical Transportation Sets
  • Unhardened Collective Protection Systems (UCPS)
  • Personal Protective Equipment (PPE)
  • Decontamination Shelter Systems
    • Individual
    • 2 Line
    • 3 Line
    • 4 Line

By Category:

  • C Decontamination
  • B Decontamination
  • RN Contamination
  • Railways

By End Use:

  • Military
  • Civil Defence and Security
  • Nuclear Power Plants and Sites
  • Disaster Management

By Region:

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

 Report Preview: https://www.futuremarketinsights.com/reports/cbrn-protection-equipment-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

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Current Market Shares and Future Outlook for Batters and Coatings Through 2032

Batters and Coatings
Batters and Coatings

The batters and coatings market size is set to be valued at US$ 670.1 Mn by 2032 and is projected to reach US$ 403.6 Mn in 2022. The market is anticipated to grow at a CAGR of 5.2% in the forecast period from 2022 to 2032.

Plant-based products are both healthier and safer than animal-based products. The batters and coatings market is being driven by the growing popularity of veganism around the world. Increased adoption of batters and coatings is primarily due to their growing popularity among health-conscious consumers, as well as the product’s versatility in various applications.

Another factor driving sales of batters and coatings is the fact that they are incredibly versatile. Both these products can be used as a base for a variety of dishes, from savory to sweet. As they are made from plant-based ingredients, batters and coatings are considered to be suitable for vegans and those with gluten sensitivities.

So if an individual is looking for a healthy and delicious way to add more protein to their diet, batters and coatings can be helpful for the same. With their growing popularity, a person is sure to find a product that fits his or her needs. To keep up with the evolving batters and coatings market trends, batters and coatings manufacturers are developing novel ways to incorporate their products into various processed foods.

Key Takeaways:

  • India currently holds a batters and coatings market share of around 6.2% in South Asia.
  • Based on batter type, the tempura segment is expected to reach 4.3% in the batters and coatings market in 2022.
  • By coating type, the cracker meal segment is projected to account for a share of 2.5% in 2022.
  • During the forecast period, the batters and coatings market in the U.K. is expected to grow at a rapid CAGR of 4.4%.
  • During the forecast period, the Germany batters and coatings market is set to grow at a high CAGR of 28.9%.

“The batters and coatings market is expected to continue to grow at a rapid pace as health-conscious consumers increasingly demand nutritious products. Moreover, surging consumption of ready-to-cook meals with hectic lifestyles is likely to push the global market in the forecast period,” says a lead analyst at Future Market Insights.

Competitive landscape: Batters and Coatings Market

Top 5 manufacturers of batters and coatings are Pinnacle Foods, Inc., General Mills, Inc., Kellogg Company, Conagra Brands, Inc., and CSM Bakery Solutions. These companies are currently holding 20% to 30% of the global batters and coatings market share.

Several companies are using batters and coatings in their in-house products. Batters and coatings are mainly used to improve the texture, flavor, and appearance of food. They can also be used to extend the shelf life of food.

There are a variety of batters and coatings available on the market, and each has its own unique benefits. For example, some batters and coatings can help improve the crispiness of fried foods, while others can provide a smoother texture. With increasing research & development activities and technological advancements, key companies are finding new techniques to effectively use batters and coatings to their maximum potential.

Batters and coatings are used by companies like General Mills. It is a food product that helps to bind and hold together ingredients in foods like breaded chicken or fish. The product can also help to provide a crispy or crunchy texture to foods. It is made from flour, water, and other ingredients, and is typically sold in a dry mix form.

Get More Valuable Insights on Batters and Coatings Market

Future Market Insights, in its new offering, provides an unbiased analysis of batters and coatings presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study provides valuable insight on the batters and coatings market based on by distribution channel (offline, online), by application (meat, fish, bakery products, seafood, cereal, snack vegetable, dairy), by batter type (adhesion, tempura, beer, thick, wheat flour, corn flour, customized), by form (dry, liquid), by coating type (bread crumbs, cracker meal, spices and herbs, others), and by region.

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.

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Batters and Coatings Market Outlook by Category

By Distribution Channel:

  • Offline
  • Online

By Application:

  • Meat
  • Fish
  • Bakery Products
  • Seafood
  • Cereal
  • Snack Vegetable
  • Dairy

By Batter Type:

  • Adhesion
  • Tempura
  • Beer
  • Thick
  • Wheat Flour
  • Corn Flour
  • Customized

By Form:

  • Dry
  • Liquid

By Coating Type:

  • Bread Crumbs
  • Cracker Meal
  • Spices and Herbs
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Future Market Insights Predicts Postbiotic Supplements Market to Reach USD 30.5 Million by 2034, Growing at 10.90% CAGR

The postbiotic supplements market is predicted to reach a valuation of USD 10.8 million in 2024. Moreover, due to the increasing awareness regarding the health benefits of these products, the demand for postbiotic supplements is set to rise at a CAGR of 10.9% from 2024 to 2034, reaching a valuation of USD 30.5 million by 2034.

Postbiotics are produced by probiotic bacteria, including Lactobacillus and Bifidobacterium, and are commonly used in various nutritional products, including postbiotic supplements. The awareness of the potential health benefits of these bacteria is driving the demand for postbiotic supplements.

Postbiotic supplements play a vital role in enhancing the immune system, preventing diarrhea, reducing the symptoms of irritable bowel disease, and alleviating allergies by activating the innate immune system and fighting pathogens. As a result, the demand for gut health supplements is expected to grow in the next decade.

The need for postbiotic supplements is expected to grow in the coming years due to the increasing incidence of certain digestive disorders, such as inflammatory bowel disease (IBD). Among the anticipated IBDs, ulcerative colitis or Crohn’s disease is expected to play a significant role in driving the demand for postbiotic supplements.

In the functional food and pharmaceutical sectors, postbiotic supplements offer nutritional benefits, prevent illness, and cure conditions. Thus, postbiotic supplements are crucial for promoting digestive health. Furthermore, postbiotic supplements are an ideal feed addition to improve the safety of diets and the growth potential of monogastric animals, such as pigs and chickens. As a result, the animal feed industry is increasingly demanding postbiotic supplements.

“Postbiotics are gaining popularity due to the potential health benefits produced by probiotic bacteria like Lactobacillus and Bifidobacterium. The postbiotic supplements enhance the immune system, prevent diarrhea, reduce irritable bowel disease symptoms, and alleviate allergies. The demand for gut health supplements is expected to grow in the next decade, especially due to the increasing incidence of digestive disorders like ulcerative colitis or Crohn’s disease. Postbiotic supplements are also essential for monogastric animal feed,” -says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.).

Key Takeaways from the Postbiotic Supplements Market

  • The postbiotic supplements industry in the United States is projected to experience a CAGR of 8.9% through 2034.
  • The German postbiotic supplements market is expected to demonstrate a CAGR of 9.6% through 2034.
  • Japan’s postbiotic supplements industry is anticipated to witness a CAGR of 11.4% from 2024 to 2034.
  • The postbiotic supplements market in India is expected to showcase a CAGR of 14.8% through 2034.
  • China’s postbiotic supplements market is expected to display a CAGR of 7.8% over the forecast period.

Competitive Landscape in the Postbiotic Supplements Market

The postbiotic supplements industry faces intense competition and requires strategic advantage. Market players must focus on creating new products, expanding into new markets, and combining with other companies to flourish. This is anticipated to help develop product lines, gain new technology, and improve market position. Companies are expected to enhance their distribution networks by forming alliances, growing globally, increasing manufacturing capacity, and entering new markets.

Product innovation is crucial in the postbiotic supplements industry, with companies investing heavily in research and development to create unique, customizable options. To thrive in this fast-paced environment, companies must be flexible, responsive to consumer trends, and prioritize investing in innovation, adopting sustainable practices, and forming strong partnerships with distributors and suppliers.

Recent Developments in the Postbiotic Supplements Market

  • Kyowa Hakko Bio, a Kirin subsidiary, received approval from the FSSAI in October 2023 to utilize IMMUSE, its Lactococcus lactis strain Plasma postbiotic, in health supplements and general foods.
  • The New Zealand probiotic company Gutsi launched a 60-day gut reset kit in October 2023, providing a complete gut care regimen that combines pre-, pro-, and postbiotic nutrition from its current products.

Key Companies in the Postbiotic Supplements Market

  • Dr. Emil Nutrition
  • For The Biome
  • Designs for health
  • Beekeeper’s Naturals
  • MaryRuth Organics
  • POSTBIOTICA SRL
  • Essential Formulas Incorporated (Dr. Ohhira’s Probiotics)
  • Glac Biotech Co., Ltd.
  • KOREA BIOPHARM
  • Pro Formulations MD
  • MRM Nutrition
  • Bio Complete 3
  • GUT ARMOR
  • Probulin
  • Others

Key Coverage in the Postbiotic Supplements Market Report

  • Rising Use of Healthy Dietary Supplements in the United States
  • Growth Analysis of the Postbiotic Products Industry
  • Top 10 Emerging Trends in Gut Health Supplements
  • Analysis of Impact of Postbiotic Probiotics on Digestive Health in the United States
  • Sales Analysis of Postbiotic Products Industry
  • Comparative Assessment of Postbiotic Probiotics Market and Postbiotic Prebiotics Market in the United States

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Key Market Segments

By Form:

  • Soft-gel and Chews
  • Capsules and Tablets
  • Powder and Granules

By Distribution Channel:

  • Health and Beauty Store
  • Drug Store
  • Modern Trade Channel (Supermarkets and Hypermarket)
  • Online Retailing

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Innovations and Key Consumer Insights in the Green Supplement Market for 2032

Green Supplement Market
Green Supplement

The green supplements market size is likely to reach USD 563.3 Million in 2022 and further expand at 3.8% CAGR during the forecast period, to total USD 818.0 Million by 2032.

Growing demand for plant-based products and rising awareness about the health benefits of green supplements are the key factors driving growth in the global market.

Plant-based products are both healthier and safer than animal-based products. As a result, they are gaining immense traction particularly across developed regions. Growing popularity of veganism will therefore eventually boost the growth of green supplements market during the forecast period.

Green Supplements are linked to a number of health benefits. They are rich in vitamins, minerals, and antioxidants. Various studies have revealed that consumption of green supplements can improve sleep, boost energy, and lower levels of inflammation in their bodies.

Another factor driving the increased sales of green supplements is the popularity of alternative medicine. More and more people are turning to natural remedies for their health needs, and green supplements are a great way to get all the nutrients.

To keep up with the green supplements market trends, leading manufacturers are developing novel ways to incorporate this product into various processed foods.

Key Takeaways:

  • Based on form, the powder segment is expected to grow at 3.1% CAGR during the forecast period (2022-2032).
  • India currently has a Green Supplement market share of around 5.0 % in the South Asian market.
  • The green supplements market in the U.K, is expected to grow at a moderate CAGR of 3.9% over the next ten years.
  • North America is likely to hold around 34% share of the global green supplement market during the forecast period.
  • The U.S. green supplement market is expected to reach a valuation of US$ 345 Bn in 2022.

The green supplement market in the U.K. is currently valued at  US$ 434.0 Mn and it is poised to grow at a steady pace during the forecast period

“Green supplements are versatile products that have a wide array of applications from functional foods and energy drinks to pharmaceuticals and dietary supplements. With rising health awareness and lactose intolerance, consumers are shifting towards green supplements owing to their organic, natural, plant-based characteristics which will assist the growth of the market over the next ten years,” says a lead analyst at Future Market Insights.

Competitive landscape:

Top 5 manufacturers of green supplements are GNC Holdings, Inc., Vitamin Shoppe, Inc., The Nature’s Bounty Co., . NBTY, Inc., Amway Corporation, collectively holding 20% to 30% of the overall market share.

These companies are adopting strategies such as new product launches and approvals, mergers, partnerships, acquisitions, and partnerships to increase their sales.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of Green Supplements presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study provides valuable insight on the green supplements market based by form (powder, capsule, and liquid), packaging type (bottle, can, jar, sachet), application (pharmaceuticals, food & beverages, rtd teas, functional foods, dietary supplements, energy drinks, others, cosmetics)

About Food & Beverage Division at Future Market Insights

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global EUV Lithography Market to Reach USD 22.98 Billion by 2029, Growing at 21.5% CAGR

In 2021, global EUV lithography sales were valued at approximately USD 4,648.6 million. By 2029, the market is projected to grow at a robust CAGR of 21.5%, reaching an estimated value of USD 22,978.6 million. The adoption of this technology is fueled by advancements in lithographic systems, the growing demand for miniaturized chips, and the steady expansion of the semiconductor industry.

The EUV lithography market is set for significant growth, driven by the ongoing miniaturization of integrated circuits and microchips, increasing wafer production demands, and the continuous expansion of the semiconductor industry. As technology advances, EUV lithography is becoming essential to meet the finer resolution requirements of modern semiconductor manufacturing processes.

EUV lithography, a specialized segment of the semiconductor industry, focuses on producing and utilizing cutting-edge systems for advanced chip manufacturing. This technology enables the creation of intricate patterns on silicon wafers, allowing for the development of smaller, faster, and more powerful semiconductors.

EUV Lithography Market
EUV Lithography Market

Key Takeaways

  • The reduction of microchip sizes to incorporate them into shrinking semiconductors is one of the prime factors that resulted in the development of EUV lithography technology.
  • The emergence of artificial intelligence (AI), machine learning, industrial IoT (IIoT), and autonomous driving has been driving the miniaturization of microchips, subsequently creating the need for EUV lithography in chip manufacturing.
  • Constant innovation, R&D, and retrofitting of installed systems to improve wafer production, are anticipated to remain key trends in the EUV lithography market.
  • Integrated device manufacturers (IDM) and foundries are projected to create the bulk of the demand for EUV lithography systems, as they are responsible for the majority of the microchip and integrated circuit (IC) demand across industries.
  • Acquisition of stakes in key technology-based companies to complement product development is anticipated to remain a prominent trend in the market

A list of Key Players Covered in the EUV Lithography Market are:

  • ASML
  • Nikon
  • Canon
  • Carl Zeiss
  • Toppan Printing
  • NTT Advanced Technology
  • Intel
  • Samsung
  • SK Hynix
  • Toshiba
  • TSMC
  • Global Foundries

Global EUV Lithography Market by Category

By End Use:

  • Integrated Device Manufacturer (IDM)
  • Foundry
  • Memory

By Region:

  • Americas
  • EMEA
  • Asia Pacific

Report Preview: https://www.futuremarketinsights.com/reports/euv-lithography-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Projected Demand and Growth Trends for Modified Milk Ingredients Through 2032

Modified Milk Ingredients

The modified milk ingredients market is expected to develop at a 6.4% compound annual growth rate (CAGR) between 2022 and 2032, with revenues of USD 1085.6 million in 2022 and USD 1889.6 million in 2032.

Modified milk ingredients are substances derived from milk mostly obtained after undergoing the process of vaporization, fermentation, fat separation, or homogenization. Milk is a complex mixture of substances constituted mainly of milk sugar lactose and goblets of fat and proteins dissolved in water.

Milk has a limited shelf life and to counter this problem components of milk such as milk solids were separated ages ago, thereby introducing the concept of modified milk ingredients that showcased longer shelf life. This ultimately created a new range of milk-processing industries.

Some of examples of modified milk ingredients are dried whole milk, skim milk, partially skim milk, skim milk powder, whey proteins, caseins, butter oil, anhydrous butter oil, cultured milk products, and milk protein concentrates. The main force driving the market is the convenience and low cost of operations offered by modified milk ingredients in the making of dairy products such as ice cream and cheese.

While the use of modified milk ingredients would be found unappealing by consumers that prefer fresh and natural foods, the products’ offering of health benefits and safe processing overpower the latter. The global modified milk ingredients market is projected to register a CAGR 4% more than that of the global milk market over the forecast period.

Rising Cases of Milk Adulteration to Grow Preference for Modified Milk Ingredients and hence bolster the Market’s Growth

The demand for milk keeps on growing to the extent that it surpasses the supply. This is majorly due to the explosion of population and urbanization. In order to reap more profits and to cover the expense generated due to natural calamities such as feed shortages, famine, and others, producers/farmers and vendors are tempted to adulterate the milk.

Fraudulent measures are implemented to augment the supply leading to adulteration of milk that can be harmful to both adults and children. Astonishingly, nearly 60% of the global milk produced is deemed to be adulterated with impurities ranging from water to chemical additives.

Several reports of adulteration in milk have been reported in the recent past. The common chemical adulterants, which have been reported in milk, are sodium hydroxide, hydrogen peroxide, soap detergents, formalin, cane sugar, gelatine, starch, synthetic dyes, and Urea.

Modified milk ingredients are much safer compared to whole milk as they are derived from genuine milk and undergo procedures that separate out the contaminants during the process. Adding to it, the modified milk ingredients market has a lot of certified brands to choose from, thereby allowing consumers to partake in good quality and safe dairy products.

Global Modified Milk Ingredients: Key Players 

Some of the key players manufacturing modified milk ingredients are as follows – Nestle SA, Lactalis International, Danone S.A., Fonterra Co-operative Group, FrieslandCampina, Arla Foods, Dean Foods, Yili Group, China Mengniu Dairy Co., Ltd., and many others.

COVID-19 Impact 

The novel coronavirus rather had a minimal impact on the modified milk ingredients market as compared to the huge losses suffered by the global milk industry. The modified milk ingredients fall under the FMCG category of conservable items and therefore, witnessed a sharp rise in sales figures during the pre-lockdown phase in the first quarter of 2020. End use products pertaining to infant food, dietary food, and bakery applications sustained the market’s functioning.

The modified milk ingredients market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the modified milk ingredients market, including but not limited to: regional markets and segments.

Browse full Report@ https://www.futuremarketinsights.com/reports/modified-milk-ingredients-market

Key Segments

Product Type:

  • Calcium reduced Skim Milk
  • Casein
  • Caseinates
  • Cultured Milk Products
  • Milk Serum Products
  • Ultra-filtered Milk
  • Whey
  • Whey Butter
  • Whey Cream
  • Others

Form:

  • Liquid
  • Concentrated
  • Dry
  • Frozen
  • Reconstituted

Application:

  • Food & Beverages
  • Cosmetics and Personal Care
  • Nutraceuticals
  • Pharmaceuticals
  • Others

Distribution Channel:

  • B2B
    • HoReCa
    • End Use Industries
  • B2C
    • Hypermarket/Supermarket
    • Convenience Store
    • Specialty Store
    • Online Retail
    • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Global Fire Protection System Market for Industrial Cooking Set to Reach USD 9.3 Billion by 2033, Driven by Safety Awareness and Strong Demand

The global fire protection system market for industrial cooking is projected to reach USD 4.8 billion in 2022, with demand expected to remain strong throughout the assessment period. This growth is driven by heightened awareness of safety and security, with the market anticipated to reach USD 9.3 billion by 2033, reflecting a CAGR of 6.2% from 2023 to 2033. In 2023, the market is expected to secure a valuation of USD 5.1 billion.

The introduction of intelligent and automatic fire suppression systems, which can discharge large volumes of water in industrial warehouses with high-piled inventory, is expected to further propel market growth in the near future. These advanced systems also enhance fire survivability through voice evacuation features.

The rapid establishment of food manufacturing and processing units, along with a stringent industrial safety regulatory framework, significantly contributes to the adoption of fire protection systems for industrial cooking.

Fire Protection Systems for Industrial Cooking Market
Fire Protection Systems for Industrial Cooking Market

Key Takeaways – Fire Protection Systems for Industrial Cooking Market Study

  • Wireless, automatic, and compact designs in fire alarm systems that fit most industrial layouts, and are compliant with guidelines set by regulatory bodies such as NFPA, are projected to gain more relevance.
  • High installation and maintenance costs of wired alarms will result in reduced preference for these systems in the future.
  • Key players are focused on launching early suppression fast response fire sprinkler systems that are capable of releasing large volumes of water (100 gallons per min), and have improved response time.
  • North America currently represents more than a fourth of the global market value and will continue to lead its way in fire protection systems for industrial cooking market.
  • In the backdrop of a large number of fire incidents in the U.S., strategic collaborations between manufacturers and installers will complement the amplifying demand for fire protection systems in industrial cooking sector.
  • Increasing demand for commercially-prepared food has paved the way for a growing number of food joints and restaurant chains. Robust growth in food ventures has been witnessed in recent years, which is expected to reduce cooking activities within industrial and manufacturing unit premises.

Competitive Landscape Remains Fragmented

The market structure is considered to be fairly fragmented, with a large number of smaller companies offering identical products. Furthermore, growing number of players in the fire protection systems for industrial cooking market has been driving manufacturers to incorporate forward integration in terms of services, by offering installation, product consultancy, and aftersales support.

Key Companies Profiled

  • Honeywell International Inc.
  • Siemens AG
  • United Technologies Corporation
  • Emerson Electric & Co.
  • Halma Plc
  • Hochiki Corporation
  • Johnson Controls International Plc.
  • Gentex Corporation
  • Robert Bosch GmbH
  • Rotarex
  • Swastik Synergy Engineering Private Limited
  • NAFFCO FZCO
  • Integrated Fire Protection Pvt. Ltd.
  • Amerex Fire International Ltd.
  • Solas Fire Safety Equipment (P) Ltd.

 Fire Protection Systems for Industrial Cooking Market by Category

Product:

  • Fire Detection System
    • Flame Detectors
    • Smoke Detectors
  • Fire Management System
    • Fire Extinguishers
    • Water Extinguishers
    • Foam Extinguishers
    • Dry Chemical Extinguishers
  • CO2 Extinguishers
    • Fire Suppression System
    • Water-Fire Suppression Systems
    • Gaseous/Clean Agent Fire Suppression Systems
    • Foam Fire Suppression Systems
    • Powder Fire Suppression Systems
  • Fire Response System
    • Emergency Lighting
    • Fire Alarm Devices

End Use:

  • Food Processing Units
    • Meat and Fish
    • Dairy Products
    • Sugar and Confectionery
    • Tortilla and Bakery
    • Other Food and Kindred Products
  • Industrial Kitchens

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East & Africa

Report Preview: https://www.futuremarketinsights.com/reports/fire-protection-systems-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

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Global Fiber Laser Market Projected to Reach USD 4,304 Million in 2024, Growing at a CAGR of 11.5% Through 2034

The global fiber laser market was valued at USD 4,304 million in 2024 and is projected to experience a significant CAGR of 11.5% from 2024 to 2034.

Fiber lasers are doped with rare-earth elements such as erbium, neodymium, ytterbium, praseodymium, thulium, dysprosium, or holmium. In contrast, gas lasers typically utilize carbon dioxide or helium-neon, while solid-state lasers often use neodymium-doped yttrium aluminum garnet (YAG). The benefits of fiber lasers include ease of use, high reliability, low maintenance, stability, and integration capabilities.

Fiber lasers have various applications in the medical field, including hair treatments, cosmetic procedures, laser tattoo removal, skin disease treatments, dentistry, and aesthetic plastic surgery. According to the American Society for Aesthetic Plastic Surgery, eyelid surgery and liposuction account for over 50% of total expenditures, while non-surgical procedures comprise 44% of the market share.

Fiber Laser Market
Fiber Laser Market

Key Takeaways from Fiber Laser Market

  • North America is expected to witness a CAGR of 10.9% in the fiber laser market due to the US being a hub of automotives and consumer electronics.
  • Coming to Europe, Germany leads from the front due to an ever-increasing demand for ICs and semiconductors. It is also subject to fast adoption of compact laser cutting and welding machines. Also, as per Federal Motor Transport Authority, over 394,000 electric cars were registered in Germany in the year 2020 alone. Modern automotives are also seen using LiDAR system.
  • The Asia-Pacific is expected to grow at the fastest rate in the fiber laser market, led by Japan. The country is emphasizing on usage of fiber lasers to produce body panels.
  • Continuous wave fiber laser holds the largest market share and is expected to continue with its winning streak (~70%) in the near future.

Competitive Landscape

  • IPG Photonics Corporation, in November 2018, announced releasing next generation high power lasers. They do come with multi-year service-free operation and claim to be having the least weight.
  • Videojet Technologies, in March 2021, tabled ‘Lightfoot’ fiber laser solution to facilitate high speed beverage canning. It does combine standard reliability on the part of videojet fiber laser and dual Lightfoot marking heads’ high speed for meeting every need pertaining to beverage production and canning.
  • LVD, in November 2020, came up with a novel large-format fiber laser cutting machine termed as ‘Taurus’, which is particularly designed to suffice extra-large sheet metal cutting capacity. In other words, machine is able to laser cut a broad range of parts, thereby optimizing usage of material and increasing productivity.
  • Coherent, in June 2020, tabled a novel 4000 w ‘Highlight FL4000CSM-ARM’ fiber laser conducive to automotive applications. The system paves the way for advanced welding capabilities to cater to tough metals and also aligns to the welding needs for energy storage, e-mobility, and general electric connections comprising dissimilar materials.

Key Segments Covered In Fiber laser Market Study:

By Laser Type:

  • Continuous Wave Lasers
  • Pulsed Lasers
  • Quasi Continuous Wave Laser

Output Power:

  • Low Power (Up to 100 Watts)
  • Medium Power (100W-2,000W)
  • High Power (More than 2,000 W)

Application:

  • Cutting
  • Welding & Other High Power Applications
  • Marking
  • Fine & Micro Processing
  • Communications and Advanced Applications
  • Medical

 Region:

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

Report Preview: https://www.futuremarketinsights.com/reports/fiber-laser-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

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The Rise of Polyvinyl Alcohol in Europe: Addressing Consumer Demands for Sustainable Solutions

Europe Polyvinyl Alcohol Industry
Europe Polyvinyl Alcohol Industry

The Europe polyvinyl alcohol (PVA) industry is poised for significant growth, with an estimated value of USD 829.7 million in 2024, projected to reach USD 1,418 million by 2034, reflecting a robust CAGR of 5.5% over the forecast period. This growth is driven by the expanding application of PVA across various industries, including pharmaceuticals, agrochemicals, textiles, and cosmetics. The increasing demand for PVA in these sectors is expected to propel sales, as it offers exceptional film-forming, emulsifying, and adhesive properties, making it an essential component in a wide range of products and industrial processes.

The European Union (EU) is promoting the use of biodegradable and recyclable materials among diverse sectors. PVA is now being favored as an eco-friendly option for packaging mainly due to its biodegradable characteristics and non-toxic nature.

There have been changes in the healthcare sector with the adoption of biocompatible materials for medical purposes like contact lenses and surgical implants. PVA has become appropriate since it is non-toxic and biocompatible. Europe’s food packaging industry is growing rapidly because of the increasing demand for convenient and sustainable food choices where PVA has become one of the preferred materials for use.

PVA has properties such as significant film-forming, emulsifying, and adhesive capabilities, making it an ideal solution for various applications such as adhesives, coatings, and materials used in 3D printing. Additionally, PVA exhibits resistance to oil, grease, and solvents.

It helps in showcasing high versatility across a wide range of applications. Its high tensile strength, flexibility, and excellent resistance to oxygen and aroma make it the material of choice in applications where such attributes are essential.

However, fluctuations in humidity levels can impact its performance, influencing existing properties under different environmental conditions. Hence, diverse range of properties and applications associated with PVA underscores its crucial role as a primary material in various applications.

Key Takeaways from the Industry Report

  • Europe’s PVA industry size is estimated to rise by 1.7x through 2034, with a significant 3.1% increase in expected CAGR compared to the historical one.
  • Sales of polyvinyl alcohol in Europe grew at a CAGR of 2.4% between 2019 and 2023.
  • Germany is set to hold around 22.8% of share in 2034.
  • Sales of polyvinyl alcohol in France are projected to soar at a CAGR of around 6.1% during the assessment period.
  • By end-use industry, the paper and textile segment is anticipated to witness a CAGR of 5% through 2034.

“Presence of a well-established construction industry in Germany is anticipated to propel demand for PVA as the polymer is often used in joint cement, drywall mud, caulks, and sealants. Also, growing demand from pharmaceutical and food packaging firms will likely augment sales,” –says an analyst at Future Market Insights (FMI).

Competitive Landscape

Kuraray Co. Ltd., Sekisui Chemical Co, Ltd., Denka Company Limited, Mitsubishi Chemical Group Corporation, Thermo Fisher Scientific Inc., Merck KGaA, Wacker Chemie AG, Kanto Chemical Co. Inc., Chang Chun Group, Nacalai, Polysciences, Inc., Kishida Chemical, Co.,Ltd., and Intercol BV are the key companies profiled in the full version of the report. Leading PVA manufacturers and suppliers are actively investing in continuous research and developments to create new and advanced materials and improve manufacturing processes to cater to end-user needs.

Recent Development-

  • Amsterdam-based Nouryon introduced Berol Nexxt surfactant and the Dissolvine GL Premium chelating agent in October 2023. Dissolvine GL Premium is specially formulated for polyvinyl alcohol films. Berol Nexxt demonstrates exceptional performance in cold water cleaning.

Contact Our Sales Team Now to Discuss How You Can Acquire This Report and Gain Valuable Insights for Your Business.

Key Segmentations

By Product Type:

  • fully hydrolyzed PVA
  • partially hydrolyzed
  • sub-partially hydrolyzed

By Grade:

  • Food grade
  • Industrial grade
  • Pharmaceutical grade

By End-use Industry:

  • Food and beverage
  • Pharmaceuticals
  • Cosmetics and personal care
  • Building and construction
  • Paper and textile
  • Packaging
  • Electronics
  • Agrochemicals

By Country:

  • Germany
  • Italy, France
  • United Kingdom
  • Spain
  • BENELUX
  • NORDICS
  • Russia
  • Poland
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube