Aroma Ingredients Market Forecast to Reach USD 9.8 Billion by 2033 with Rising Demand and Diverse Applications

Aroma Ingredients Market

The global aroma ingredients market is anticipated to be valued at USD 5,418.4 million in 2023, forecast to grow at a CAGR of 6.1%. The market is to be valued at USD 9,794.2 million by 2033. Growth is attributed to the increasing use of lactic acid in end-user industries. From 2018 to 2022, a CAGR of 2.4% was registered for the lactic acid market.

Aroma chemical is a complex fusion of natural and/or synthetic ingredients that are added to various products in order to incorporate desired odour. These ingredients are widely used in consumer care and personal care products. Personal care industry is one of the major application industry for aroma ingredients market.

The global aroma ingredients market has witnessed steady growth over the recent past owing to increasing demand for natural aroma ingredients. Soaps and detergent is estimated to account for a significant share in the global aroma ingredients market followed by cosmetics and toiletries applications. The global aroma ingredients market is expected to register a steady growth during forecast period.

Global Aroma Ingredients Market: Drivers

Introduction of innovative and novel products especially in cosmetics, toiletries, and skin care and hair care products has driven the overall growth of the global aroma ingredients market. The increasing demand for natural ingredients coupled with change in consumer preferences are considered to be the important driver for global aroma ingredients market. Furthermore, significant technological advancements have also fuelled the growth of the market.

Moreover, the increase in demand from the emerging and developing nations for natural fragrance due to health concerns related to synthetic chemicals is likely to act as an opportunity for the growth of the global aroma ingredients market. These factors are likely to drive the global aroma ingredients market during the forecast period.

A key trend witnessed in global aroma chemicals market is that the key aroma chemical producers are responding to growing opportunities by expanding their global presence. One of the major factor that is likely to restrict growth in demand for natural aroma ingredients is high costs associated with switching from synthetic chemical to natural ingredients.

Global Aroma Ingredients Market: Region Wise Outlook

On the basis of regions, Europe is expected to be a promising revenue generating region for the global aroma ingredients market and is expected to grow at steady growth rate during forecast period. Latin America and Asia Pacific are anticipated to witness relatively faster growth both in terms of value and in terms of volume.

Potential opportunities in Asia Pacific and Latin America due to availability of labor and low cost of raw materials are expected to drive growth in these regions over the forecast period. North America and Middle East & Africa are also expected to show positive growth in the near future.

Global Aroma Ingredients Market: Key Players

Some of the key players identified in the global aroma ingredients market are as follows:

  • BASF SE
  • Mane SA
  • International Flavors and Fragrances Inc.
  • Givaudan SA
  • Fermenich International SA
  • Frutarom Industries Ltd.
  • Symrise AG
  • Agilex Flavors and Fragrances, Inc.
  • Hindustan Mint & Agro Products Pvt. Ltd.

Regional analysis includes

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

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

Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/1833

Global Aroma Ingredients Market: Segmentation

The global aroma ingredients market can be segmented on the basis of type, application and region.

On the basis of type, the global aroma ingredients market can be segmented into

  • essential oils
  • aroma chemicals
  • menthe arvensis
  • cedar wood
  • orange
  • eucalyptus
  • citronella
  • others (basil, clove, jamrosa, litsea cubica, sassafras, coriander, patchouli, camphor and lemon grass)
  • turpenes
  • musk chemical
  • benzenoids
  • others (alicyclic, heterocyclic and aliphatic compounds)

On the basis of application, the global aroma ingredients markets can be segmented into

  • cosmetic and toiletries
  • soap and detergents
  • fine fragrance
  • Others (household products, aroma therapy and pesticides).

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
LinkedIn| Twitter| Blogs | YouTube

Apple Cider Vinegar Market Anticipated to Hit USD 1 Billion by 2034 as Health Trends Surge

Apple Cider Vinegar Market

The global apple cider vinegar market value in 2019 was USD 516.8 million and it thrived at a CAGR of 4.9% in the following five years. In 2024, the net worth of this market is estimated to be almost USD 684.5 billion.

The global sales of apple cider vinegar market are expected to rise at a rate of 5.7% per year between 2024 and 2034. The global apple cider vinegar industry value is predicted to reach USD 1,074.7 million at the end of this forecast period.

Sales are expected to grow since apple cider vinegar is widely regarded as the most efficient weight-loss treatment and is a staple of many diet regimens. As consumer interest in wellness continues to develop, more health-related firms are employing ACV powder to make tablets and sweets and are influencing the market positively.

Key Takeaways from the Apple Cider Vinegar Market Study Report

  • The United States apple cider vinegar market is anticipated to register a CAGR of 3.2% during the projected years.
  • Germany is likely to witness a 4.3% CAGR in the production and supply of apple cider vinegar over the next ten years.
  • China is the leading producer of apple cider vinegar in Asia which is expected to follow 3.8% CAGR during the forecast years.
  • The Apple cider vinegar industry of Japan is likely to witness a higher growth rate of 5.5% between 2024 and 2034.
  • India is anticipated to present the most lucrative opportunities for apple cider vinegar suppliers with an estimated CAGR of 6.2% from 2024 to 2034.

Competitive Landscape for the Apple Cider Vinegar Market Players

The overall market is highly fragmented due to the presence of several companies in the apple-producing temperate regions of the world. Prominent firms, such as Barnes Naturals, Carl Kühne, PepsiCo, and others have extensively introduced a variety of free-from kinds of apple cider vinegar to support the growth of the potential market.

“Apple vinegar producers that hold a significant share of the market are always striving to create products that are both practical for consumers purchasing home things and functional. In addition to liquid apple cider vinegar, these top manufacturers also offer tablets and gummies which have a longer shelf life and a greater market value.” – says a lead analyst at FMI

Recent Developments by the Apple Cider Vinegar Industry Participants

In March 2024, Apeal World, the sparkling apple cider vinegar brand, launched the third flavor option in organic lemon and mint. Sparkling water, organic apple cider extracts, and sustainably sourced spices are all combined to create these new apple cider vinegar flavors of lemon and mint. The firm has already introduced its clove, cinnamon, and vanilla RTD after ginger-flavored apple cider vinegar earlier.

In June 2023, Pureboost introduced its apple cider vinegar product as an antioxidant clean energy drink that is now the best-selling item on Amazon. This product is in the company’s Superfoods Clean Energy segment and comes in a convenient portable pack. It is devoid of sugar and sucralose, much like all of their functional drink products. This new launch, which promises all of the benefits of apple cider vinegar was just after Pureboost concluded its round on WeFunder, where the business received over $2.8 million.

Key Players Profiled in the Apple Cider Vinegar Market Report

  • Barnes Naturals
  • The Kraft Heinz Company
  • Carl Kühne KG
  • Castelo Alimentos S/A
  • Old Dutch Mustard Co., Inc.
  • Marukan Vinegar USA Inc.
  • Aspall

Comprehensive Industry Report: A Full Market Analysis

Key Segments Covered by Apple Cider Vinegar Industry Survey Report

By Application:

  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Household and Industrial Applications

By Distribution Channel:

  • Direct Sales Channel
  • Indirect Sales Channel
    • Supermarkets or Hypermarkets
    • Drug Stores
    • Convenience Stores
    • Specialist Stores
    • Independent Retailers
    • Departmental Stores
    • Online Stores

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Pacific
  • Middle East and Africa (MEA)

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
LinkedIn| Twitter| Blogs | YouTube

Natural Pet Food Market Expected to Expand at 4.6% CAGR by 2033, Reveals Future Market Insights

Natural Pet Food Market

The natural pet food market is anticipated to generate a revenue of about US$ 13,962.7 million by the year 2023. Looking forward, FMI expects the market to reach US$ 21,996.0 million by 2033, exhibiting a growth rate of 8.3% from 2023 to 2033. The global organic pet food market reached a value of US$ 13,425.7 million in 2022.

Natural pet foods are formulated with top-notch, barely processed ingredients and are free from synthetic fertilizers, pesticides, antibiotics, artificial coloring, and chemical by-products. As the primary protein source, these food products include real meat like beef and fish. Conventional pet foods include artificial additives like BHA, BHT, and ethoxyquin. As an organic alternative, natural pet foods exclude these artificial additives. Natural pet food formulations typically avoid fillers and tend to undergo minimal processing.

Key trends shaping the market dynamics

  • Increasing awareness of potential health benefits associated with organic ingredients, including boosting immunity, reducing skin ailments and allergies, minimizing digestive disorders, improving life expectancy, and maintaining a healthy weight.
  • Expanding the product lines to include products catered to specific dietary needs and preferences of consumers.
  • Premiumization of natural pet foods with consumers’ willingness to pay a higher price for premium quality products.
  • Increasing interest in transparency and sustainability of products by consumers.

The increase in pet adoption across both developed and emerging regions places a significant emphasis on pet health, driving demand for various pet goods, including organic pet food. The need and demand for natural pet food is growing rapidly and can be attributed to key factors like

  • High prevalence of family nuclearization and urbanization
  • An increase in available resources, disposable income, and a shift toward modernization
  • Pet humanization encourages pet owners to choose a healthier lifestyle for their pets.
  • Emergence of eCommerce platforms with many brands establishing direct-to-consumer channels
  • Need for product composition clarity and detailed information on sourcing.

Despite the surging demand for natural pet food, factors such as lack of awareness about the nutritional value of organic food, problems relating to the supply chain and distribution, high prices, and lack of pet industry-related regulations may provide obstacles to the market expansion for organic pet food.

The market’s expansion has been accelerated by the pervasive tendency to humanize pets leading to various pet food manufacturers acquiring organic pet food companies to expand their product portfolios. Collaborations with veterinarians, pet professionals, or animal health clinics, shelters, and pet care service centers can help enhance credibility and reach within the natural pet food market. Numerous celebrity endorsements and commercials concerning pet health awareness have increased the popularity of organic pet food.

Key Takeaways

  • The natural pet food industry in the United Kingdom is anticipated to rise, exhibiting a CAGR of 7.4% through 2023.
  • The United States held a 40.5% share of the global natural pet food industry in 2022.
  • With a CAGR of 6.3% over the forecast period, India is predicted to develop in the natural pet food industry.
  • In 2022, Japan had a 2.3% share of the natural pet food industry globally.
  • The natural pet food industry in China is expected to increase, registering a CAGR of 5.1% over the forecast period.
  • Germany accounted for 8.5% of the global content delivery network industry in 2022.

Competitive Analysis of the Market

Key players are employing several strategies to gain a competitive edge. They are focusing on expanding their global network infrastructure to ensure wider coverage and faster delivery across various regions. Additionally, these players are analyzing market trends, regulations, and consumer preferences in different countries to launch innovative product variants with flavor enhancers, prolonged shelf life, and high nutritional content. Moreover, they are offering value-added services to address evolving customer needs. Collaborations, partnerships, and acquisitions are also common strategies to strengthen market presence and broaden service offerings.

The J.M. Smucker Company, Nestle Purina, Mars, Incorporated, LUPUS Alimentos, Total Alimentos, Hill’s Pet Nutrition, Inc., General Mills Inc., WellPet LLC. These are some of the prominent players in the natural pet food market.

Recent developments

  • Innovafeed, a French biotechnology company that creates processes for breeding and processing insects, came into a partnership with Cargill Corporation. Both companies agreed to develop specific insect components and global animal nutrition capacity in June 2022.
  • Cargill collaborated with BASF to the US protein industry’s commercial insights expressed to create the next generation of enzymes mutually in January 2023.
  • In May 2022, Hill’s Pet Nutrition acquired the manufacturing facility of Nutriamo, an Italy-based canned pet food manufacturer, to expand its ability to manufacture canned food.
  • In January 2022, NomNomNow was taken over by Mars Petcare to take synergies to keep assisting its victory in the fresh category.

Full Market Assessment: Comprehensive Report

Natural Pet Food Market Outlook by Category

By Pet Type:

  • Cat
  • Kitten
  • Senior
  • Dog
  • Puppy
  • Adult
  • Senior
  • Others

By Product Type:

  • Dry Pet Food
  • Wet and Canned Pet Food
  • Snacks and Treats

By Source:

  • Animal Derived
  • Plant Derived
  • Insect Derived

By Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

By Region:

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

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
LinkedIn| Twitter| Blogs | YouTube

Wet Pet Food Market on Track to Achieve USD 37.7 Billion by 2033, Says Future Market Insights

Wet Pet Food Market

The global wet pet food market is expected to be worth USD 22.6 billion in 2023. Furthermore, with the increasing popularity of pets globally, the overall demand for wet pet food is expected to expand at a 5.5% CAGR from 2023 to 2033, achieving a market worth of USD 37.7 billion by 2033.

Investors have taken notice of this rise, and a handful of major human food manufacturing organisations, for example, General Plants and J.M. Smucker Company, have recently entered the pet food market while also quickly adapting to the most recent patterns.

The Wet Pet Food Market is quickly developing as pet ownership increases and people become more concerned of pet health and nutrition. Wet pet food is becoming more popular among pet owners due to its higher moisture content and supplement-packed properties. Furthermore, the need for premium and standard pet food options drives market growth, with producers focusing on unique item offers to meet a diverse variety of pet tastes. As a result, the Wet Pet Food Market is predicted to grow quickly in the near future.

Wet Pet Food Market – Key Drivers

Preference of pet owners to buy superior products to ensure proper nutrition, care, and good health is anticipated to propel the wet pet food market. In addition to this, brands are calling out the percentage of the exact ingredients on their labels, draw attention towards the amounts of fresh-meat or animal-based protein in their products. Tiki Pets’ latest Dark Pâté wet diets comprise around 95% protein from meat ingredients.

Online store for wet pet food is gaining popularity in developing nations such as China and India. Increased usage of laptops, computers, and mobile phones has helped in the expansion of digital channels, both in volume and strength. As more super-premium brands take an omnichannel method, retailers – both online and offline- are competing with prominent brands for an online position or shelf space.

Brands are trying new treats and wet options in the market, for instance, Cloud Star dipped into the frozen and fresh trend to debut Ice Treats. Additionally, Merrick introduced a line of local barbeque-inspired wet dog foods, comprising Texas, Memphis, North Carolina, and Kansas City barbeque flavors. It additionally added bone broths in chicken, beef, and turkey.

WET PET FOOD MARKET – Growth Constraints

The wet pet foods’ contents normally include chunks in jelly, chunks in gravy, meatloaf, and casserole formats. However, the canned food particularly meat-based is available in the market at a high cost, which may restrict its preference amid consumers.

Increasing dental problems for pets which ensures an increase in dental care cost is restraining the wet pet food market. Additionally, pet sensitivities among consumers are one more major attribute restraining market growth. Competing for an online position or shelf space with private label brands is another obstacle prominent wet pet food companies must overcome in the modern market.

COVID-19 Impact Analysis

The anticipated global economic turmoil caused by nationwide lockdowns due to COVID-19 has influenced the wet pet food market. Insights reported by the APPA reflect strong growth potential owing to a low-based crisis effect.

On the background of the optimistic forecasts, several companies were mulling plans to set up new manufacturing plants. Recently, Mars was going to twofold its capacities for wet pet food manufacturing plants in Rostov Oblast, Russia. Manufacturers are rethinking their business strategies such as expansion to stay afloat during the crisis.

Wet Pet Food Market – Region-wise Analysis

North America will spearhead the global wet pet food sector and gaining notable market share during the forecast period. This is owing to the abundant accessibility of varied pet food products in the U.S. This region is trailed by the Asia Pacific and Europe in market share terms. The presence of a huge consumer base and higher pet ownership in the US will boost sales in the region.

In the European region, the UK accounts for the biggest market share of the wet pet food market owing to the rising pets population. Asian nations, directed by China, India, Japan, and South Korea, came out as one of the prominent markets all over the globe. Additionally, the rising demand for premium dog food is anticipated to boot market sales.

Wet Pet Food Market – Competitive Analysis

Companies are majorly inclined towards growth, merger & acquisition, expansion, and new product development. For instance, Nestlé Purina PetCare took over natural pet food brand Lily’s Kitchen, the UK’s prominent producer of premium dry and wet natural foods for cats and dogs. The acquisition will help Nestle to grow its business impression in regions such as the Middle East and Asia.

Beaphar acquired Primevel, a leading producer of horses and dogs food supplements. The acquisition will help Primevel to boost its product distribution and sales through Beaphar distribution channels.

Value Enhancement Partners (VEP) & partners took over 100% shares of De Haan Petfood, a producer of premium canned pet food. VEP will help De Haan Petfood boost its market presence and expand its offering to the customers.

Major companies operating in the worldwide wet pet food market are

  • Nestlé (Switzerland)
  • Beaphar (U.K)
  • Blue Buffalo Co., Ltd. (U.S)
  • Harringtons Foods (U.K)
  • WellPet LLC (U.S)
  • Colgate-Palmolive (U.S)
  • De Haan Petfood (Netherlands)
  • Spectrum Brands, Inc.(the U.S)
  • Mars
  • MONGE SPA
  • Evanger’s
  • Sunshine Mills
  • Simmons Pet Food, Inc.
  • PetGuard
  • C&D Foods
  • Darling Ingredients Inc.
  • Ani Manufacturing.

Region

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

Extensive Market Research: Complete Report and Findings

Wet Pet Food Market – Segment Analysis

The global wet pet food market is categorized on the basis of following:

Product

  • Dog food
  • Cat food
  • Others

Distribution Channel

  • Online
  • Retail
  • Supermarket/ hypermarket
  • Special store
  • Others
  • Offline

Application

  • Commercial
  • Residential

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
LinkedIn| Twitter| Blogs | YouTube

Food Starch Market Expected to Flourish, Valuation to Soar to USD 28.83 Billion by 2033 with a 3% CAGR

Food Starch Market

The Food Starch Market is experiencing robust growth, driven by increasing demand for convenience foods and processed products. As consumers seek healthier options, manufacturers are utilizing food starch to create clean-label and gluten-free products. Additionally, technological advancements and expanding food industries in emerging markets are propelling the market’s expansion.

The food starch market is forecasted to garner revenue of USD 28.83 billion in 2033, up from USD 20.92 billion in 2023, advancing at a rate of 3% from 2023 to 2033.

The global market for food starch has been witnessing remarkable growth in recent years, driven by factors such as increasing consumer demand for convenience foods, rising health consciousness, and a growing preference for natural and clean-label products.

Food starch, derived from various sources including corn, wheat, potato, and tapioca, is widely used in a range of food applications such as bakery, confectionery, dairy, sauces and dressings, and snacks.

One of the key trends in the food starch industry is the rising demand for clean-label products in recent years.

Consumers today are more concerned about the ingredients used in their food and are actively seeking products with natural and recognizable ingredients. This has led to a surge in demand for food starch free from artificial additives, preservatives, and genetically modified organisms (GMOs).

Food manufacturers are responding to this trend by incorporating clean-label starches into their formulations, offering consumers healthier and more transparent food options.

Another significant trend in the market for food starch is the growing popularity of gluten-free and non-GMO starches.

With the increasing prevalence of gluten intolerance and the rising consumer preference for non-GMO foods, the demand for starches that cater to these dietary needs has witnessed a substantial upswing.

Manufacturers are developing innovative gluten-free starches sourced from alternative grains and utilizing non-GMO crops to meet the diverse dietary requirements of consumers.

The market is not without its challenges. The limited availability of raw materials and price fluctuations pose significant constraints to market growth.

The complex regulatory landscape and stringent food safety standards necessitate careful compliance by industry players. However, these challenges also present opportunities for innovation and strategic partnerships within the industry.

The food starch industry is poised for substantial growth, driven by increasing consumer demand for healthier and functional food products.

Key market players are investing in research and development activities to introduce novel starch-based ingredients that enhance food products’ texture, stability, and nutritional profiles.

The strategic collaborations and mergers between companies are expected to fuel market expansion further and foster the development of innovative solutions.

Key Takeaways:

  • The food starch market value reached US$ 20.12 billion in 2022, with a CAGR of 2.2% from 2018 to 2022.
  • The market in the United States accounted for a 24.3% share in 2022 on a global level.
  • The United Kingdom food starch industry is projected to advance at 2.8% CAGR from 2023 to 2033.
  • The market for food starch in Japan accounted for 1.2% of the market share in 2022.
  • India market for food starch is predicted to progress steadily with a CAGR of 4.5% during the projected period.

How is the Competition Structured in the Food Starch Industry?

The food starch industry is highly competitive, with players vying for market share and striving to differentiate themselves.

Key aspects of the competition in this industry include product differentiation, research and development, quality assurance, customer relationships, and market expansion strategies.

Competitors in the food starch industry focus on offering unique starch varieties derived from different sources. They invest in research and development to innovate and enhance functional properties. Rigorous quality control measures ensure high product quality.

Competitors’ key priority is building strong customer relationships through personalized solutions and exceptional service. They expand their market presence through strategic initiatives like mergers, acquisitions, and partnerships. These actions drive growth and enable access to new markets in the competitive food starch industry.

In this dynamic landscape, companies are driven to continuously innovate, maintain high standards, and foster strong customer loyalty to gain a competitive edge and thrive in the food starch market.

Thorough Market Evaluation: Full Report

Segmentation Analysis

By Type:

  • Modified Starch
  • Native Starch

By Source:

  • Maize
  • Wheat
  • Potatoes
  • Other

By Application:

  • Animal Feed
  • Bakery and Confectionery
  • Beverage
  • Cosmetics

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The 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
LinkedIn| Twitter| Blogs | YouTube

The Rise of Joint Compounds in Latin America: Forecasting a Market Valuation of USD 89.5 Million by 2033

Latin America Joint Compound Industry
Latin America Joint Compound Industry

 

The joint compound industry value for Latin America is projected to grow from USD 48.6 million in 2023 to USD 89.5 million by 2033. The demand for joint compounds in Latin America is expected to grow at a compound annual growth rate (CAGR) of 6.3% during the assessment period.

The use of joint compounds in construction applications is expected to surge the growing need for sophisticated coating materials with the capacity to produce quick and seamless joint finishing.  The demand for joint compounds is predicted to rise with the growing need to renovate outdated residential infrastructure and residential development.

Joint compound formulas offer reduced shrinkage, good slip, and improved working properties. These are expected to be used for taping, filling, finishing, and skim coating. The quick and seamless process lowers labor expenses and efforts while improving the product’s quality and appearance, all of which are projected to fuel the industry’s growth.

Government efforts to stimulate the economy, such as significant investments in the construction industry, particularly in constructing sustainable and environmentally friendly buildings, are driving the industry. Rising Latin America’s spending on private construction of residential and non-residential buildings is further propelling the industry. High government investments in renovating the region’s railways, highways, airports, and ports are expected to create ample opportunities for manufacturers.

Key Takeaways from the Report-

  • Latin America is projected to thrive at 6.3% CAGR through 2033.
  • Latin America’s joint compound industry was valued at US$ 46.0 million in 2022.
  • The industry is expected to reach US$ 89.5 million by 2033.
  • The ready mix segment is expected to rise at a CAGR of 6.5% by 2033 based on product type.
  • Based on application, the new construction segment is projected to lead at a 6.6% CAGR through 2033.

“Demand for eco-friendly joint compounds with low volatile organic compounds (VOCs) is growing as sustainability becomes increasingly important in the construction sector. Environmentally friendly production methods and formulas are expected to give manufacturers a competitive edge in the industry,” Says an Analyst at Future Market Insights (FMI).

Competitive Landscape

Latin America’s joint compound industry is highly consolidated, with leading players accounting for around 35.1% share. Compagnie de Saint-Gobain S.A, USG Corporation, Knauf, Dryvitex, Supermastick S.A.S, Durlock, Votorantim Cimentos, and Plaka Group are the leading manufacturers and suppliers of joint compounds listed in the report.

Key players are focusing on expanding their domestic production and technology areas of joint compounds to provide cost-efficient solutions to consumers in Latin America. They are also investing in developing new products and innovating existing ones to meet end-user demand.

Key Companies –

  • USG Corporation: USG offers high-performance construction systems and solutions for interior walls, facades, ceilings, and floor levelers using state-of-the-art design and technology. Engaging with USG on any project ensures energy economy, safety, enhanced seismic performance, fire resistance, and lifespan.
  • Cemix: The firm offers innovative solutions that simplify construction. In the wall covering, waterproofing, maintaining, repairing, concrete painting, and installing ceramics & marble applications, Cemix is a key participant in Latin America.

Get the Insights You Need – Connect with Sales to Secure Your Copy of the Latin America Joint Compound Industry Report

Industry Segmentation

By Product Type:

  • Ready Mix
  • Setting Type
  • Drying Type

By End-use:

  • Residential Construction
  • Commercial Construction
  • Institutional Construction
  • Industrial Construction

By Application:

  • New Construction
  • Refurbishments

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
LinkedInTwitterBlogs | YouTube

Rising Demand in the United States Countertop Industry: Key Drivers and Trends

United States Countertop Industry
United States Countertop Industry

The United States countertop industry revenue is projected to total USD 76,783.0 million in 2023 and USD 138,218.8 million by 2033. Over the assessment period, demand for countertops in the United States is projected to surge at a CAGR of 6.1%.

The granite-based material segment will dominate the United States countertop industry through 2033. It is expected to hold a volume share of 28.8% by 2023. This is due to the growing demand for granite countertops across the United States.

Sales of countertops in the United States are expected to rise due to rapid population growth, urbanization, and consumers’ increasing willingness to spend more on countertops. Similarly, increasing government initiatives for a robust United States housing sector spur demand for durable, stylish countertops.

Countertops are witnessing higher demand from diverse sectors, and the trend is expected to continue through 2033. They are used for multiple purposes in different settings. For instance, kitchens use them for food preparation and cooking purposes.

Consumers in the United States are increasingly inclined to invest in countertops, propelling a surge in demand for premium materials like granite, quartz, and quartzite. This shift underscores a broader trend where individuals prioritize quality and durability in their living spaces.

A desire for aesthetic space and long-term value drives the willingness to spend more on countertops. Consumers recognize that higher-priced materials not only enhance the visual appeal of kitchens and bathrooms but also contribute to the overall resale value of their homes.

Key Takeaways from the Report

  • The United States countertop business is projected to reach a valuation of US$ 138,218.8 million in 2033.
  • By material type, the granite segment is expected to total US$ 39,027.4 million by 2033.
  • By end use, the new construction residential segment is set to hold a share of 32.4% in 2023.
  • California is expected to account for a significant share of around 13.7% in 2033.
  • New York is set to register a CAGR of 7.0% between 2023 and 2033.

“The United States countertop business is set for robust growth, driven by rising demand in the construction sector, expanding industrial activities, and a growing focus on high-quality countertops across applications.” says an Analyst at Future Market Insights, Inc.

Competitive Landscape

In the United States countertop business, around 8% to 12% share is carried by the top key players. DuPont (Corian), LX Hausys, MSI Surfaces, Wilsonart, VT Industries, Cambriaa, IceStone, Tops Solid Surface, and Lamitech are the leading manufacturers and suppliers of countertops listed in the report.

Key players are focusing on expanding domestic production to meet growing end user demand. They are also investing in developing new products and further innovating existing ones to meet end-user demand.

Recent Developments:

  • In March 2023, Cambria announced its popular Finance by Cambria program in Ontario.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights

More Insights into the Countertop Business Report 

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the United States countertop business, providing historical data from 2018 to 2022 and forecast statistics for 2023 to 2033.

To understand the United States growth potential, growth, and scope, the target business is segmented based on material type (granite, solid surfaces, laminates, engineered quartz, marbles, natural stone, composites and polymers, metals), end use (new construction residential, renovation residential, new construction non-residential, renovation non-residential), and region (West United States, Midwest United States, Northeast United States, South United States).

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
LinkedInTwitterBlogs | YouTube

Emerging Opportunities: The Refinery and Petrochemical Filtration Market in a Rapidly Industrializing World

Refinery and Petrochemical Filtration Market
Refinery and Petrochemical Filtration Market

The refinery and petrochemical filtration market is estimated to be worth USD 5.60 billion in 2024. By 2034, the market is projected to reach a valuation of USD 11.7 billion. The adoption of refinery and petrochemical filtration systems in various industries is likely to expand at a CAGR of 7.60% from 2024 to 2034.

The last few decades have experienced a significant rise in the demand for fossil fuels, especially oil and petrochemical products. This demand is fueled by the rise in infrastructural development projects in developing and developed nations, which require refined petrochemical products such as plastic, petrol, and other essential materials crucial for construction. As construction and industrial activities surge globally, the need for refined petrochemicals continues to grow, eventually driving the expansion of the refinery and petrochemical filtration market.

These filters not only find their applications in oil refineries and petrochemical factory units but are also used in energy production. These facilities use petrochemical filtration systems to ensure the purity of fuels and lubricants, optimizing the performance of turbines, generators, and other energy-producing equipment. The demand for efficient oil filtration solutions in European countries already facing an energy crisis has been one of the most significant contributors to the global refinery and petrochemical filtration market.

The demand for efficient refinery and petrochemical filtration systems is growing due to the increasing focus on sustainable energy generation practices. These filtration systems are also utilized in wastewater treatment plants during energy production. By incorporating innovative technologies, like coalesce filters, businesses ensure that they leave little to no carbon footprint during production. As industries across the world seek effective energy-generation methodologies, the significance of refinery and petroleum filtration systems is bound to touch the skies.

“There is a lot of scope for innovations in the refinery and petroleum filtration market. Key players are integrating digital technologies and the Internet of Things (IoT) for real-time monitoring and control of filtration processes to enhance efficiency and reliability in the long term,” Says an Analyst at Future Market Insights (FMI).

Key Takeaways from the Refinery and Petrochemical Filtration Market

  • Coalescer filters are expected to lead the refinery and petrochemical filtration market, with a CAGR of 7.4% from 2024 to 2034.
  • Refinery and petrochemical filtration for liquid-liquid separation secures a robust market lead, claiming a solid 7.1% CAGR over the forecast period.
  • The refinery and petrochemical filtration market in Japan is predicted to grow at a remarkable CAGR of 9.30% through 2034.
  • The refinery and petrochemical filtration market in China is predicted to rise at a whopping 8.60% CAGR through 2034.
  • The refinery and petrochemical filtration market in the United States has the potential to increase at a CAGR of 7.90% through 2034.
  • The United Kingdom’s refinery and petrochemical filtration market is predicted to rise by 6.50% CAGR over the forecast period.
  • The refinery and petrochemical filtration market in Korea is predicted to grow at a CAGR of 5.10% through 2034.

Competitive Landscape in the Refinery and Petrochemical Filtration Market

The refinery and petroleum filtration market is bound to gain a lot of prominence in the coming future due to the rise in energy-producing companies. Companies in this market have already invested billions of dollars in research and development activities. Small companies find it very challenging to survive in this market due to the cut-throat competition and the lack of financial and technical capabilities. Despite these challenges, these companies do bring new perspectives and innovative spirit to the market.

Recent Developments

  • Pentair Filtration Solutions successfully concluded the acquisition of Pleatco, a prominent US-based filter company, for an estimated US$ 255 million. This strategic move by Pentair aims to augment its product portfolio and reinforce its global standing in the filtration market.
  • In 2022, Parker-Hannifin Corp, a distinguished provider of motion and control technologies, finalized the acquisition of Meggitt PLC, a leading aerospace and defense components manufacturer based in Coventry, U.K., for an approximate value of £6.3 billion.

Key Companies in the Market

  • 3M (USA)
  • Pall Corporation (USA)
  • Parker Hannifin Corporation (USA)
  • Eaton (Ireland)
  • Pentair Filtration Solutions, LLC (USA)
  • Ecolab (USA)
  • Filtrol (France)
  • Jun-Shin Machinery Manufacturing (Japan)
  • Freudenberg Filtration Technologies (Germany)
  • WesTech Engineering (USA)

Reach Out to Our Sales Team Now and Discover the Insights You Need to Succeed.

Market Segmentation

By Filter Type:

  • Coalescer Filter
  • Liquid-liquid
  • Liquid-gas
  • Cartridge Filter
  • Pleated Cartridge
  • Depth Cartridge
  • High Flow Cartridge
  • Electrostatic Precipitator
  • Filter Press
  • Bag Filter
  • Others

By Application:

  • Liquid-liquid Separation
  • Liquid-gas Separation
  • Others
    By End User
  • Refineries
  • Petrochemical Industry

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa (MEA)

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
LinkedInTwitterBlogs | YouTube

The Future of Carbon Steel in North America: Industrial Growth and Sustainability Initiatives

North America Carbon Steel Industry
North America Carbon Steel Industry

 

According to the most recent analysis, the revenue of the carbon steel industry in North America is expected to rise from USD 78.1 billion in 2023 to USD 125.6 billion by 2033. The demand for carbon steel in North America is expected to increase at a CAGR of 4.9% during the assessment period.

The low carbon content steel segment is set to account for a dominant value share of 60.7% in 2023 and exhibit a CAGR of 4.9% throughout the assessment period. This is attributable to the rising usage of low carbon steel in diverse businesses due to its low cost, machinability, and corrosion resistance.

Several factors are expected to drive growth in North America during the forecast period. These include the rapid expansion of sectors such as automotive, construction, and railways, the rising need for strong and durable metals, and multiple advantages of carbon steel products.

The growth of the energy sector in North America, particularly in the adoption of cleaner energy sources such as wind and solar power, is significantly driving the demand for carbon steel. This is because carbon steel is often used for making critical components, including wind turbines, solar panels, and energy storage facilities.

Carbon steel is widely used in these applications for its exceptional durability and strength. These properties of carbon steel are crucial for withstanding the elements and supporting the large structures required in the energy sector.

North America holds a significant position in the global automotive business, producing millions of vehicles annually. Carbon steel plays a pivotal role in this sector, particularly in the manufacturing of essential auto components such as frames and body panels.

The choice of carbon steel is underpinned by its exceptional strength, cost-effectiveness, and recyclability, making it an ideal material for ensuring the structural integrity and safety of vehicles. Hence, the rapid growth of the automotive sector across North America will likely play a key role in bolstering sales of carbon steel and related products.

“North America’s carbon steel business is primed for robust growth on the back of factors such as heightened environmental regulations and expanding industrial sector. With businesses across North America increasingly looking for innovative solutions to minimize their impact on the environment, carbon steel companies are well positioned to take advantage of new growth opportunities,” says an Analyst at Future Market Insights, Inc.

Key Takeaways from the Report:

  • Sales of carbon steel in North America are projected to rise at 9% CAGR through 2033.
  • By carbon content, the low carbon steel segment is expected to total US$ 74.2 billion by 2033.
  • Based on product type, the long product types segment is poised to exhibit a CAGR of 1%.
  • By end-use, the building & construction segment is set to hold a value share of 4% in 2023.
  • Revenue in the United States is anticipated to reach US$ 91.5 billion by 2033.
  • Canada is projected to attain a valuation of US$ 17.3 billion by 2033.
  • Demand in Mexico is predicted to rise at a 5% CAGR through 2033.

Competitive Landscape

United States Steel Corporation, Steel Dynamics Inc., EVRAZ Plc, Novolipetsk Steel, Cleveland-Cliffs Inc, Nucor Corporation, ArcelorMittal Corporation, North Star BlueScope Steel, Commercial Metals Company, and TimkenSteel Corporation & Gerdau S.A. are a handful of the leading carbon steel manufacturers profiled in the report.

Renowned players are focusing on increasing their production capacity to meet end-user demand. They also implement strategies such as mergers, collaborations, acquisitions, and facility expansions to strengthen their footprint.

Recent Development-

In 2023, United States Steel Corporation introduced InduX Electrical Steel at Ceres Global. It is a very wide and lightweight steel, having all the magnetic properties necessary for electric vehicles (EV), as well as generators and transformers.

Connect with Our Sales Team Now to Explore the In-Depth Insights in This Report and Drive Your Business Forward.

North America Carbon Steel Industry Segmentation

By Carbon Content:

  • Low Carbon Steel/Mild Steel (up to 0.3% Carbon)
  • Medium Carbon Steel (0.3 to 0.6% Carbon)
  • High Carbon Steel (More than 0.6% Carbon)

By Product Type:

  • Flat Product Types
  • Long Product Types

By End-use:

  • Building & Construction
  • Automotive
  • Railways
  • Shipbuilding & Marine
  • Aerospace
  • Oil & Gas and Energy
  • Heavy Machinery & Equipment
  • Consumer Appliances
  • Cutting Tools & Agriculture Equipment

By Region:

  • United States
  • Canada
  • Mexico

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
LinkedInTwitterBlogs | YouTube

The Rising Demand for Sulfamic Acid: Transforming the Paper, Pulp, and Cleaning Industries

 

From 2024 to 2034, the sulfamic acid market is anticipated to grow at a 3.8% CAGR. From USD 286.28 million in 2024 to USD 416.24 million in 2034, that is the anticipated increase in market value. There is a considerable market for sulfamic acid because of its many uses in water treatment, cleaning products, and various industrial processes. Several industries, including the food and beverage, personal care, and pharmaceuticals, use sulphamic acid as a cleaning agent. Water treatment plants also favor it because of its efficacy in the processes involved in treating water.

In agriculture, sulfuric acid is known to be a source of nitrogen and a soil conditioner. It can be added to fertilizer to increase the availability of nitrogen for plants. Furthermore, sulfamic acid is useful in agricultural activities where managing soil pH is essential for optimum plant development because of its capacity to modify soil pH.

A crucial step in the synthesis of several medicinal molecules is sulfamic acid. It is used in the production of antibiotics, antiviral medicines, and pharmaceutical intermediates, among other pharmaceuticals. It is a favored option in pharmaceutical manufacturing due to its excellent purity and compatibility with pharmaceutical operations.

Sulfamic acid is mostly used as a cleaning and descaling agent in the food processing industry. In food manufacturing facilities, it cleans equipment surfaces of mineral deposits, scale, and stains to maintain sanitary conditions and food safety regulations. It is appropriate for usage in settings where food is processed due to its efficiency in eliminating impurities without leaving residues.

Sulfamic acid is less expensive but still effective compared to other compounds. Because of its price, it appeals to sectors looking for economical solutions that don’t sacrifice performance. Furthermore, because sulfamic acid may be used in various applications, businesses in multiple industries can benefit from economies of scale and simplified procurement procedures.

“Sulfamic acid is being used more often in the food processing, pharmaceutical, and agricultural industries due to its several uses and affordability. Sulfamic acid is expected to remain a valuable chemical with growing applications across various sectors as long as companies persist in their pursuit of sustainable and efficient solutions,” says an analyst at Future Market Insights.

Key Takeaways from the Sulfamic Acid Market 

  • The United States sulfamic acid industry is projected to experience a CAGR of 2% through 2034.
  • Japan’s sulfamic acid market is expected to rise at a CAGR of 5% through 2034.
  • The Indian sulfamic acid industry is anticipated to see a CAGR of 2% through 2034.
  • The German sulfamic acid industry is set to grow at a significant CAGR of 8% through 2034.
  • China’s sulfamic acid market is expected to display a favorable CAGR of 5% through 2034.

Connect with Our Sales Team Now to Explore the In-Depth Insights in This Report and Drive Your Business Forward.

Competitive Landscape of the Sulfamic Acid Market

Manufacturers of sulfamic acid are diversifying their product lines to cater to a range of markets, such as water treatment, cleaning products, and medicines. To keep customers satisfied and concentrate on new or specialized markets, they use quality control procedures. Additionally, they spend money on research and development to create novel product combinations with enhanced features or economic viability.

Businesses invest in environmentally friendly production techniques and encourage their usage in ecologically friendly applications as sustainability gains importance. This approach seeks to maintain excellent product quality while satisfying industry and customer demands.

Key Companies in the Sulfamic Acid Market

  • BASF SE
  • Sigma-Aldrich Corporation (Merck KGaA)
  • Transpek Industry Limited
  • Tianjin Xibeier International Co., Ltd.
  • Avantor Performance Materials, LLC
  • Nanjing Jinglong Chemical Co., Ltd.
  • Hubei Hongyuan Pharmaceutical Technology Co., Ltd.
  • Nippon Carbide Industries Co., Inc.
  • Shandong Xinghua Chemistry Co., Ltd.
  • DI-CORP
  • Palm Commodities International
  • Raviraj Chemicals

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
LinkedInTwitterBlogs | YouTube