Frozen Fruit Bars Market 2022 Growth Drivers, Regional Outlook, Competitive Strategies and Forecast up to 2032

Frozen Fruit Bars Market was valued US$ 14 Million in 2022 and is expected to reach US$ 22 Million in 2032, likely to surge at a CAGR of 7% to 8% during the forecast period 2022-2032.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Frozen Fruit Bars market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

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COVID-19 Impact Analysis on Frozen Fruit Bars Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Frozen Fruit Bars market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Frozen Fruit Bars market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Frozen Fruit Bars market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Frozen Fruit Bars Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Frozen Fruit Bars market. Competitive information detailed in the Frozen Fruit Bars market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Frozen Fruit Bars market report.

 Key players covered in the report include:

Some of the leading players in the frozen fruit bars market are Natural Fruit Corporation, Ice Pop Factory, Modern Pop, Nestlé S.A. (Outshine Brand), Eclectic Food Services Inc., J&J Snack Foods Corp., Unilever plc (Fruttare Brand), Andrades Desserts, Solero, and others.

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Key Segments Profiled in the Frozen Fruit Bars Market Survey

By Type:

  • Original
  • Low Fat

By Nature:

  • Organic
  • Conventional

By Flavor:

  • Citrus
  • Pineapple
  • Grape
  • Apple
  • Mango
  • Berry
  • Coconut
  • Mixed Fruit
  • Others

By Distribution Channel:

  • Hypermarkets/ Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Online Retail

By Region:

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

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Frequently Asked Questions

What is the sales forecast for frozen fruit bars in the global market until 2032?

Which region is forecast to be the most lucrative for frozen fruit bars market growth?

Which are some leading frozen fruit bars manufacturers?

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Meal Replacement Shakes Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

The worldwide meal replacement shakes market size is projected to arrive at US$ 18.9 Billion of every 2032 and show development at an astounding CAGR of 4.3% in the gauge period from 2022 to 2032. It is set to be esteemed at US$ 11.4 Billion out of 2022.

Meal replacement shakes are referred to the products with calorie-controlled shakes in a pre-packaged form. Meal replacement shakes in the market are present in ready-to-drink or powder premixes form. The calories from a meal replacement shake are in enough amount to replace a meal. These meal replacement shakes are fortified with minerals and vitamins to add extra nutritional value.

Meal replacement shakes products in the market often bear the claims such as GMO-free, gluten-free, fat-free, and sugar-free or reduced sugar. Meal replacement shakes in the market are available in different flavours such as vanilla, chocolate, berry, etc. Many manufacturers of the meal replacement shakes are manufacturing organic products considering the current trend of the organic products.

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Convenient, Portable, Ready-to-go Characteristics of the Meal Replacement Shakes Seeking the Attention of Health Conscious Populace

Recently, meal replacement products have been manufactured in the market targeting not only the elderly or ill adults like earlier, but also healthy adults. The meal replacement shakes are targeting healthy adults as a convenient source of a balanced nutrition. The purpose of meal replacements includes weight management, weight loss and gain. Prevalence of the obesity due to the sedentary lifestyle majorly observed in the developed nations is now a pandemic phenomenon. Since the health conscious populace around the world is increasing, the demand for meal replacement shakes is surging.

Meal replacement shakes offer convenient, portable, take-it-on-the-go, and hassle-free way to consume your meal on a busy day or while on travel. The packaging of the meal replacement also provides you a weight management plan, which also adds attractive feature to the product increasing the product popularity and in turn the sales of the product.

Manufacturers provide meal replacement shakes in different varieties of the flavours such as chocolate, vanilla, strawberry, etc. to attract varied groups of customers. Also various claims have been made by the manufacturers such as gluten-free, fat-free, soy-free, dairy-free, etc. to be able to tap into the current market trends set by the demand-side. These health claims are boosting the sales of the meal replacement shakes and driving the market growth.

Increasing platforms of e-commerce selling the functional food products, including meal replacement shakes are improving the accessibility of such products. The easy access and convenience of the payment is expected to increase the sales of the meal replacement shakes.

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Meal Replacement Shakes Market: Key Participants

Some of the market participants in the meal replacement shakes market are:

  • Amway
  • Organic, Inc.
  • Healthy Natural Solutions
  • Abbott Laboratories
  • Harbalife Nutrition
  • Damhert Nutrition
  • Trinkkost GmbH
  • Nouveau Medicament (P) Ltd.
  • Perrigo Company Plc.
  • Futricio
  • Medisys Biotech Pvt. Ltd.
  • Nutrition and Santé SAS
  • Saturo Food GmbH

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.

Meal Replacement Shakes Market Segmentation

The Meal Replacement Shakes market can be segmented on the basis of form, nature, end use, and sales channel.

On the basis of form, the Meal replacement shakes market can be segmented as:

  • Powder
  • Liquid

On the basis of nature, the Meal Replacement Shakes market can be segmented as:

  • Organic
  • Conventional

On the basis of flavour, the meal replacement shakes market can be segmented as:

  • Vanilla
  • Creamy Chocolate
  • Iced Mocha
  • Strawberry
  • Banana
  • Others

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Report Highlights: 

  • Detailed overview of parent market
  • Changing dynamics of the meal replacement shakes market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the meal replacement shakes market
  • Competitive landscape of the meal replacement shakes market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on meal replacement shakes market performance
  • Must-have information for meal replacement shakes market players to sustain and enhance their market footprint

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Omega 3 Concentrates Market 2022 | Latest Trends, Demand, Growth, Opportunities and Outlook Till 2032

The worldwide omega-3 concentrates market size is projected to show development at an impressive CAGR of 7.5% and arrive at US$ 5.3 Billion in the estimate period from 2022 to 2032. It is normal to be esteemed at US$ 2.4 Billion of every 2022.

Omega-3 concentrates are highly concentrated oils that contain EPA and DHA with sum concentration of more than 50%. Omega-3 concentrates are obtained from omega-3 rich oils that are further processed to obtain a higher concentration of EPA and/or DHA.

These can be obtained from various omega-3 rich oils such as fish oil, alga oil, calamari oil, etc. Omega-3 concentrates are available in oil as well as powder form, which is used by dietary supplement manufacturing companies to make capsules, for use in food and beverages, or as a pharmaceutical grade component.

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Ethyl-Ester Vs. Triglyceride: The Healthier Omega-3 Concentrates

Triglyceride is present in natural omega-3 oils whereas ethyl-ester is present in the concentrated form in the oils. There has been a new development in the omega-3 concentrates. During the processing of the omega-3 concentrates from natural oil, the ethyl-ester formed is reconverted back to the triglyceride form, which is known as a re-esterified triglyceride. These forms have different absorption capacities in the human body, but the most effective absorption is of re-esterified triglycerides. Also, the absorption depends upon the digestive capabilities of each person.

Omega-3 Concentrates: Key Players

Some of the leading manufacturers in the global omega-3 concentrates market are Nordic Naturals, Inc., Organic Technologies, Pelagia AS (Epax Norway AS), Novasana B.V., GC Rieber Oils AS, BASF Corporation, DSM Nutritional Products AG, Norwegian Fish Oil AS, K Pharmtech Co., Ltd., Australian Omega Oils Pty. Ltd., and Golden Omega S.A.

Omega-3 Concentrates: Key Developments

  • In 2016, DSM Nutritional Products AG launched a new technology called the 3C Technology, for the production of omega-3 concentrates to efficiently reduce the cost of production of these concentrates and also make them affordable to the consumers.
  • In September 2017, Organic Technologies, the producer of the Omega-3 concentrates brand, launched a new product in the market to challenge other manufacturers. It launched Omega-3 concentrates that are rich in DHA with certification from the Marine Stewardship Council (MSC) that certifies for sustainability.
  • In October 2017, GC Rieber Oils AS went into a collaboration with a Norwegian scientific consulting firm, Orivo, to verify the source of the oil which can be tested by Nuclear Magnetic Resonance (NMR) technique. This is to increase the transparency of the omega-3 concentrates and their sources.

Omega-3 Concentrates: Key Regulations

The GOED (Global Organization for EPA and DHA) is a quality maintaining council for the omega-3 market so that the omega-3 concentrates and oils that reach the customers are of high-quality and safe for use.

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Omega-3 Concentrates: Opportunities

Ultra-high omega-3 concentrates is the next omega-3 trend in the market. The individuals that are omega-3 deficient make up more than 80% of the global population. This deficiency is leading to cardiovascular diseases in humans. Thus, consumers have started taking dietary supplements to overcome this. Due to omega-3 concentrates, consumers can take lesser supplements and get adequate nutrition.

The prices of the omega-3 concentrates have to be made a little more affordable to increase the sales of the products for a larger audience. This can be achieved with improved technology that some companies are incorporating. The dietary supplements market, especially the omega-3 concentrates market has a very high growth rate and potential innovations in the upcoming years.

The research report presents a comprehensive assessment of the omega-3 concentrates market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

Key Segments Profiled in the Omega-3 Concentrates Industry Survey

By Form:

  • Powder
  • Oil

By Source:

  • Krill
  • Fish
  • Calamari
  • Algae
  • Others

By Type:

  • Triglyceride (TG)
  • Ethyl Ester (EE)
  • Phospholipids (PL)

By Concentration:

  • High DHA
  • High EPA
  • Balanced EPA: DHA

By End Use:

  • Food and Beverages
  • Dietary Supplements
  • Pharmaceuticals
  • Nutraceuticals
  • Infant Formula
  • Personal Care and Cosmetics
  • Pet Food

By Packaging:

  • Drums
  • Totes

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Frequently Asked Questions

At what rate will the omega-3 concentrates market grow?

Which region is expected to dominate the omega-3 concentrates market?

Which are some of the leading omega-3 concentrates manufacturers?

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Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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Lactic Acid Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2032

Lactic Acid Market is expected to reach US$ 6.76 Bn in 2032, likely to surge at a vigorous 8% CAGR during the forecast period of 2022 – 2032. Lactic acid forms an important industrial product, which is used in the formation of various small or large compounds. Lactic acid is formed through the breakdown of glucose and its oxidation. Lactic acid can be processed both naturally and synthetically.

The naturally obtained lactic acid is formed by the fermentation process through bacterial reaction, the prominent bacteria involved in the process are lactobacillus, bifidobacterium, pediococcus among others. Moreover, lactic acid is also naturally present in human body obtained from glycogen through muscles cells to support energy production when oxygen supply is inadequate in the body.

However, chemically lactic acid is derived through the hydrolysis of lacto nitrile. Lactic acid finds extensive application in food industry as it helps to regulate micro flora in the food and act as food preservatives. It is formed by the natural fermentation process in food products such as cheese, soy sauce, pickled vegetables among others.

Apart from food industry, it is widely used in pharmaceutical and chemical industry. The polymers of lactic acid are widely used as labelling and packaging material as they are biodegradable and being biocompatible in nature, they are being used in manufacturing of sutures, drugs and prosthetic devices.

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Global Lactic Acid Market: Drivers and Restraints 

The widespread applicability of lactic acid across various sectors is driving the demand for lactic acid market. Lactic acid possess various peculiar characteristics, which has different roles to be played in various food segments. .

In meat poultry and fish products lactic acid helps to prolong their shelf life along with preventing the growth of pathogenic bacteria. In pickled vegetables and salad dressings, lactic acid helps to prevent their spoilage and enhances the product safety, whereas in dairy products certain bacteria breakdown the sugar of milk into lactic acid which provides a creamy texture and savoury flavour to the products such as yogurt whose flavour and texture is dependent upon the presence of lactic acid.

Hence broad spectrum of applicability in food industry is spurring the growth of lactic acid market. Owing to antimicrobial, moisturizing property of lactic acid, it has a revitalising effect on the skin. Hence, is gaining popularity among cosmetics manufacturers.

In other non-food application lactic acid is available as myriad which is extensively used in various industrial applications such as pharmaceuticals, chemical and textile industry Thereby, propelling the growth of lactic acid market.

The major challenge faced by the lactic acid market is to fermentation process of the lactic acid which requires technological optimization and product purification. Moreover, this biotechnological production requires optimization of nutrients thus, leading to high manufacturing cost. Thereby, restraining the growth of lactic acid market.

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Global Lactic Acid Market: Key Players 

Some of the prominent players identified in the global lactic acid market includes:

  • NatureWorks LLC
  • Corbion
  • Galactic s.a.
  • Archer Daniels Midland Company
  • Musashino Chemical (China) Co.,Ltd.
  • Palsgaard A/S
  • Henan Jindan Lactic Acid Technology Co., Ltd
  • Sigma-Aldrich Co. LLC.
  • Futerro

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.

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

Global Lactic Acid Market by Segmentation

By Raw Material:

  • Corn
  • Sugarcane
  • Cassava
  • Other Crops

By Application:

  • Industrial
  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Polylactic Acid (PLA)
  • Others

By Region:

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

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Frequently Asked Questions

  • At What Rate will the Global Lactic Acid Market Grow?
  • What is the Net Worth of the Global Lactic Acid Market?
  • What is the Projected Value of the Global Lactic Acid Market?
  • Which is the Best Performing Application Segment of the Global Lactic Acid Market?
  • Which is the Rapidly Growing Region for the Global Lactic Acid Market?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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

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Ultrasound Conductivity Gels Market Analysis, Size, Applications Share, Trends & Forecast To 2028

Future Market Insights (FMI) has published a new report on ultrasound conductivity gels. The report has been titled, “Ultrasound Conductivity Gels Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028.” The report caters to the numerous needs of the global as well of the regional vendors and presents a distinguishing scenario of the market along with factors such as drivers, inhibitors, prospects, and trends based on the regional as well as the global dynamics.

According to the report, the global market for ultrasound conductivity gel is expected to witness a CAGR of 7.9% from 2022 to 2028. The market was worth US$ 193.8 Mn and is anticipated to touch a valuation of US$ 439.1 Mn by the end of 2028. The market is expected to foresee a stable growth in the coming years along with moderate challenges arising from the substitutes.

The global market for ultrasound conductivity is highly consolidated owing to the presence of a few leading players and their take on collaborations, mergers, acquisitions, partnerships, license agreements, and patent transfer might have a major impact on the vendor landscape of the global ultrasound conductivity gels market. The other leading players operating in the global ultrasound conductivity gels market are Medline Industries Inc., Parker Laboratories, Inc., Compass Health Brands Corp., Cardinal Health, Inc., and ECO-MED Diagnostic Imaging, among several others. These manufacturers are also focusing on decreasing the cost of the gels in order to compete with the inexpensive substitutes.

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Enlarging Application Base to Help in Market Development

Ultrasound is the most commonly employed diagnosis procedure for curing a disease. It is a painless and safe method to examine the internal organs and avoids the use of harmful radiations. Generally, ultrasound scan is recommended for various uses. In urology, ultrasound is utilized for diagnosis of the prostatic and kidney diseases and to diagnose urinary bladder. There is a rise in demand for ultrasound machines designed for specialities such as cardiology and radiology and in the knowledge of the advantages offered by the portable colour ultrasound systems which ultimately increase the demand of ultrasound procedures and use of ultrasound gels.

Moreover, the increasing awareness towards screening for breast cancer and advanced technologies such as echocardiography has evolved into a non-invasive method for imaging has driven the number of ultrasound procedures and boosting the future growth. Other than this, the need for point of care ultrasound scanning in military medication, urgent treatment, and remote care are likely to bolster the demand for ultrasound procedures and also increase the demand for ultrasound gels across the globe.

Availability of Alternate Products an Ongoing Challenge in the Market

Medical ultrasound gels may be inaccessible or unaffordable in low-resource locations. Consumers and clinicians looking for a low-cost substitute for ultrasound gels. Such an alternative could be a boon in developing countries where radiology budgets are tight but might hinder the global ultrasound conductivity gels market. A gel made from water and corn-starch is low-cost gel can be an acceptable alternative to commercial medical gel in rural areas. The low cost and easy preparation of the corn-starch-based gel make it an attractive coupling medium for use in low-resource settings. The availability of these substitutes is likely to act as a major roadblock in the growth of the market which be overcome in the near future.

Will the availability of substitutes and dearth of skilled personnel pull down the market or will the credibility of the product keep the making growing at a steady pace?

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Vulvodynia Treatment Market By Emerging Trends, Industry Share, Regional Overview and SWOT Analysis till 2028

Future Market Insights (FMI) has published a new research report on vulvodynia treatment market. The report has been titled, “Vulvodynia Treatment Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.”  The report states that a recent Harvard study showed that there are approximately 6 million American women who are suffering from vulvodynia. Over 60% of patients’ report of visiting three or more health care providers for diagnosis and an astonishing 40% of patients remain undiagnosed. This study also reported that 40% of women with painful symptoms did not even seek medical care. Associations such as the National Vulvodynia Association (NVA) are playing a vital role in spreading awareness regarding Vulvodynia treatment. The NVA announced the launch of “Indivisible: Breaking the Silence”, a campaign empowering women with vulvodynia to break their silence and improve the path to diagnosis and treatment. According to the report, the global vulvodynia treatment market is expected to register a CAGR of 6.3% over the forecast period of 2022 and 2028. The market was worth US$ 4,261.2 Mn in 2021 and is expected to rise to a valuation of US$ 8 Bn by the end of 2028.

In order to cater to the need of the growing number of patients, companies are looking out for treatments and drugs that can subside the pain related to vulvodynia. Towards this, they are investing in research and development and mergers and acquisitions. For instance, in January 2016, Merck & Co. Inc., acquired IOmet Pharma Ltd., a privately held U.K.-based drug discovery company focused on the development of innovative medicines for the treatment of cancer. The other leading companies operating in the market are Eli Lilly and Company, AstraZeneca Plc., GlaxoSmithKline Plc., Pfizer Inc., Johnson & Johnson Services, Inc., and Allergan plc, among others.

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Growing Adoption to Augur Well for Global Market Revenue Growth

The swelling number of patients suffering from vulvodynia and harsh nature of chronic vulvar pain have led to the adoption of early diagnosis and treatment. The adequate results of medical treatments such as drugs, injections and creams have increased the preference for medication to treat vulvodynia. Furthermore, increasing adoption of medicinal treatments of vulvodynia has resulted in an increase in the sales of hormones, local anesthetics, and antidepressants. Additionally, promising compensation policies in most of the developed countries are also expected to act as a value driver to the growth of the global vulvodynia treatment market. On the other hand, the growing prevalence of the vulvodynia disease among women across the globe is a core factor that is pushing the growth of the vulvodynia treatment market. Vulvodynia is a very common disease in the United States and across the globe. Nevertheless, the ailment remains underdiagnosed or in some cases also incompetently treated.

Lethargic Research and Development for Vulvodynia Treatment Drugs to Slow Down Market Growth

Owing to the absenteeism of detailed information by patients, ignorance of the cause of vulvar pain, and satisfactory results of anticonvulsants and tricyclic antidepressants, researchers are unable to unveil the exact cause of vulvodynia and thereby the R&D on vulvodynia drugs is limited. After anticonvulsants and tricyclic antidepressants, only serotonin and norepinephrine reuptake inhibitors (SNRIs) drugs have showed positive results. Furthermore, if observed, the research and development for vulvodynia treatment is also in a very sluggish phase.

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Molecular Biology Enzymes, Kits & Reagents Market Comprehensive Study Explores Huge Growth In Future

Future Market Insights’ recently compiled report offers prospects of the global molecular biology enzymes, kits & reagents market for the period between 2017 and 2026. The report projects the market to register a splendid growth through 2026. Sales of molecular biology enzymes, kits & reagents worldwide are poised to exceed US$ 22,000 Mn in revenues by 2026-end.

Technological Advancements Leading to Enhanced Efficiency & Greater Precision of Molecular Biology Enzymes, Kits & Reagents

Many technological advancements are been made by the molecular biology enzymes, kits & reagents manufacturers, who dedicate their focus toward developing advanced products in a bid to enhance their product portfolio. The advanced products facilitate the research processes with offerings such as enhanced efficiency and greater precision. One of the greatest examples of this is SMART Digest Kit developed by Thermo Fisher Scientific, Inc., designed particularly for the biopharmaceutical & proteomic applications. This kit enables the generation of data of high quality, meanwhile curtailing time needed for preparation of samples. Adoption of molecular biology enzymes, kits & reagents will further be propelled by huge investments made in the research & development by pharmaceutical & biotechnology industries coupled with the provision of several reimbursements for molecular diagnostics.

A significant increase in the genetic disorders’ prevalence has been witnessed since the recent past, thereby driving adoption of molecular diagnostics. The processes of molecular diagnostics including epigenetics and polymerase chain reaction (PCR) require molecular biology enzymes, kits & reagents as, which form an integral part of these processes. Mounting cases of genetic disorders in light of growing geriatric population will significantly fuel demand for molecular biology enzymes, kits & reagents in the near future. Genetic data of individuals is considered highly confidential, and sharing this data is strictly prohibited. Genome sequencing aids identifying & treating a wide variety of diseases. However, there is lack of tools that are effective for securing the genetic information of individuals, and the information ends up being stored in cloud databases, which further poses threats regarding data thefts. The absence of effective technology to store genetic information is anticipated to negatively influence demand for molecular biology enzymes, kits & reagents.

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Key Players :

  • Jena Bioscience GmbH
  • Takara Bio Inc.
  • Roche Holdings Inc.
  • Illumina Inc.
  • Thermo Fisher Scientific Inc.
  • Promega Corporation
  • KRISHGEN BioSystems
  • Agilent Technologies Inc.
  • Qiagen N.V.
  • and Merck & Co Company.

Key Research Findings from the Report

  • Although sequencing is expected to prevail as the largest application of molecular biology enzymes, kits & reagents in terms of revenues, synthetic biology is anticipated to persist as the fastest expanding application segment in the market. Cloning application segment will also exhibit an impressive expansion, and will account for the second largest revenue share of the market during the forecast period.
  • Academic and research institutes are expected to register fastest expansion in the market through 2026, based on end-users. However, revenues from this end-user segment will remain comparatively lower than other end-user segments included in the report.
  • Revenues from sales of molecular biology enzymes, kits & reagents for use in pharmaceutical and biotechnology companies are expected to account for the largest market share during 2017 to 2026.
  • Kits & reagents will prevail as top-selling and fast-selling product in the market. Between modifying enzymes and restriction enzymes, the latter will exhibit a relatively faster sales expansion whereas the former will account for a larger market revenue share through 2026.
  • North America is anticipated to remain the most remunerative market for molecular biology enzymes, kits & reagents, followed by Asia-Pacific excluding Japan (APEJ).

Prominent companies in the global molecular biology enzymes, kits & reagents market are implementing strategies including manufacturing capacity & geographic expansion. Manufacturers are also concentrating on new product launches for enhancing their shares in this increasingly competitive market. The report has listed key players supporting the market growth, which include Thermo Fisher Scientific Inc., Illumina, Inc., Roche Holdings, Inc., Takara Bio Inc., Jena Bioscience GmbH, Merck & Co Company, Qiagen N.V., Agilent Technologies, Inc., KRISHGEN BioSystems, and Promega Corporation.

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Continuous Peripheral Nerve Block Catheter Market Trends, Demand Growth Revenue Analysis Report to 2027

The global continuous peripheral nerve block catheter market is anticipated to record a CAGR of 6.1% and the market is estimated to reach a value of US$ 742.7 Mn in 2027 from a valuation of around US$ 411 Mn in 2017.

Future Market Insights has delivered key insights and presented a revised forecast analysis on continuous peripheral nerve block catheters market in its new research study titled “Continuous Peripheral Nerve Block Catheter Market: Global Industry Analysis (2012-2016) and Forecast (2017-2027)”. Continuous peripheral nerve block catheter are increasingly being used for pain management in patients undergoing upper/lower extremity surgeries and patients suffering from trauma, owing to their advantages, such as meticulous precision and low-price. Continuous peripheral nerve block catheter are emerging as a credible alternative to opioids for pain management as ill-effects associated with opioids are very severe such as addiction to opioids

Global Continuous Peripheral Nerve Block Catheter Market: Segmental Analysis

The market is segmented based on product type, insertion technique, indication, end users and regions. On the basis of product type, the market has been segmented into stimulating catheter system, non-stimulating catheter systems and over-the-needle catheter systems. Non-stimulating catheter systems segment dominated the global continuous peripheral nerve block catheter market in terms of value and volume in 2017. This segment is expected to continue its dominating streak throughout the forecast period.

On the basis of insertion technique, the continuous peripheral nerve block catheter market has been segmented into nerve stimulation and ultrasound based insertion technique. Continuous peripheral nerve block catheter that uses ultrasound based insertion technique is expected to witness higher demand than devices that use nerve stimulation technique for catheter insertion. The ultrasound based insertion technique segment is projected to grow at a higher rate during the forecast period. However, the nerve stimulation based insertion technique segment is expected to show a higher market valuation.

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On the basis of indication, the continuous peripheral nerve block catheter market has been segmented into trauma cases, upper extremity surgeries, lower extremity surgeries, pain management and other indications. Amongst these aforementioned segments, lower extremity surgeries segment is expected to witness higher revenue growth as compared to other segments over the forecast period and this segment is expected to show higher value CAGR throughout the period of assessment.

Key end-use sectors that generate the bulk of demand for continuous peripheral nerve block catheter can be broadly categorised into hospitals and ambulatory surgical centres. Among these, hospitals account for the largest revenue share of the market, owing to increasing number of hospitalisations for upper/lower extremity procedures carried out in hospitals. The hospital segment is a highly lucrative segment from an investment standpoint.

FMI’s report has segmented the global continuous peripheral nerve block catheter market on the basis of region into North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan (APEJ), Middle East & Africa and Japan. This report assesses trends driving each market segment and offers analysis and insights about the potential of continuous peripheral nerve block catheter in specific regions. The North America region is the leading region in terms of global revenue share, followed by Western Europe and Japan. North America is estimated to dominate the continuous peripheral nerve block catheter market with maximum value share of the overall market by end of 2017. North America continuous peripheral nerve block catheter market increase at a CAGR of 6.5% through 2027. Presence of key regional players, strong distribution network, and developed healthcare infrastructure are the key factors driving the growth of the market in North America.

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Global Continuous Peripheral Nerve Block Catheter Market: Competitive Assessment

Some key players in the global continuous peripheral nerve block catheter market identified include:

  • Braun Melsungen AG,
  • Teleflex Incorporated,
  • Halyard Health, Inc.,
  • Epimed International Inc.
  • Pajunk GmbH.

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Pneumonia Diagnostics Market Overview, High Growth Opportunities, Segmentation, Trends By 2027

The streptococcus-based product type is the largest in the pneumonia diagnostics market at the end of 2016 and is unlikely to fall behind anytime soon. The streptococcus-based segment is the only one worth more than US$ 100 million in 2017 alone. Streptococcus-based pneumonia is considered an invasive form of the infection with an incidence of 10 to 100 cases per a population of 100,000.

The viral pneumonia- based segment is predicted to witness the highest CAGR in the pneumonia diagnostics market over the course of the decade. The viral pneumonia segment of the pneumonia diagnostics market should cross US$ 180 million by end 2027, making it well worth the while of major stakeholders. Viral-based pneumonia is thought to cause approx. 8% of all cases of community-acquired pneumonia in the cases where patients required hospitalization.

The World Health Organization estimates that pneumonia accounted for 16% of all deaths of children below the age of 5 years – more than 920,000 in 2015. The WHO states that the cost of pneumonia antibiotic treatment in the same year for child survival and newly born babies is roughly US$ 110 million annually. Therefore, there is a pressing need to analyse the pneumonia diagnostics market. In an upcoming report titled ‘Pneumonia Diagnostics Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’, Future Market Insights has undertaken a comprehensive study of the pneumonia diagnostics market that is poised to be worth more than US$ 685 million in 2027.

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Region – North America and Western Europe Vital in Pneumonia Diagnostics Market

North America has the maximum share in the pneumonia diagnostics market and is on track to retain this share for some time. The US, primarily due to its world-class healthcare infrastructure and a geriatric population susceptible to pneumonia, represents a larger opportunity than Canada in the North America pneumonia diagnostics market. In addition to this, there is high awareness about pneumonia and its debilitating effects on both infants and the elderly. The North America pneumonia diagnostics market is expected to just push past US$ 200 million by the end of the forecast period.

Western Europe follows North America in the pneumonia diagnostics market with Germany and the UK comprising the bulk of the regional market. The two behemoths represent more than 40% of the Western Europe pneumonia diagnostics market between themselves and companies are advised to focus their attention there. The Western Europe pneumonia diagnostics market is anticipated to record a robust CAGR of 6.2% from 2017 to 2027, making it a region too lucrative to ignore in the global pneumonia diagnostics market. The market attractiveness of Germany is much higher than that of the UK at 1.6.

Competition Dashboard in the Pneumonia Diagnostics Market

Prominent companies profiled in the pneumonia diagnostics market report include:

  • Thermo Fisher Scientific
  • Alere
  • Quidel Corporation
  • Becton Dickinson and Company
  • Meridian Bioscience
  • Qiagen N.V.
  • bioMérieux SA
  • Bio-Rad Laboratories Inc.
  • Cardinal Health Inc.
  • Beckman Coulter Inc.

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Takeaways

Changing global demographics coupled with greater medical awareness increase the potential for companies in the pneumonia diagnostics market. Manufacturers are seeking to introduce rapid diagnostics to exploit untapped opportunities and producers of pneumonia diagnostics have expanded the value chain to forward integrate the market in emerging economies. A high return on investment could be realized by shifting manufacturing from traditional culture techniques to rapid diagnostics at the point of care.

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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T: +1-845-579-5705

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Car Seat and Accessories Market is Develop at a CAGR of 4.5% to be Esteemed at US$ 8.3 Billion during Forecast 2022-2032

It is anticipated that demand for car seats and accessories will reach $5 billion in 2021 and $5.3 billion in 2022. The market is predicted to grow at a CAGR of 4.5 percent from 2022 to 2032 and reach a value of US$ 8.3 billion. Growth is attributed to a sizable automobile industry with a broad product line and mature technologies.

Being an influential industry in the global market, it is essential that the automotive industry stays ahead in terms of technology with continuous improvements in components and products associated with automobiles. Car seat and accessories are such components and have been undergoing continuous improvements at regular intervals of time.

They are an important part of any automobile since they represent the overall comfort or feel of the car for drivers and passengers. Hence, with the growing rate of the automobile industry in terms of value sales, the sales of car seat and accessories has been surging in terms of value.

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Car seat and accessories play a crucial role in influencing consumer preference towards the purchase of an automobile, irrespective of whether it is a premium or an economy range car. As a result, car manufacturers are taking a special interest in bringing about continuous improvements in their car seat and accessories in terms of the quality and base material used for production.

Moreover, car seat and accessories have the ability to give a spacious look and appearance to the car, which eventually attracts customers to consider buying or driving the car. Attributing to this, a number of manufacturers in the industry are dedicated to the production of various lines of car seat and accessories in the global market.
Several interior designers are also dedicated to customizing car seat and accessories as per customer needs and requirements.

Global Car Seat and Accessories Market: Market Participants

Some of the key players operating in the global car seat and accessories market are Pheonix seating limited, Morrck Ltd., Clek Inc., Britas Römer, RDM Group, Amvian Automotive (Pvt.) Ltd., Diono LLC and Lear Corporation, among others.
Car Seat and Accessories Market: Key Trends
Prominent car seat and accessories manufacturers have been making several key acquisitions in the view of expanding their business in the global market.

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Car Seat and Accessories Market: Key Developments
In 2017, Lear Corporation, a key player in the global car seat and accessories market, announced the acquisition of Grupo Antolin’s seating business. Grupo Antolin specializes in the production of various car seat and accessories for North America and Europe markets
In 2018, Britas Römer another marquee player in car seat and accessories launched a new variant of car seat under the brand name of KIDFIX XP SICT and DUALFIX.

Opportunities for Car Seat and Accessories Market Participants
Over the years, customer perception has been changing with time and new technologies in the market. This factor has also been influencing the global car seat and accessories market. Customers desire to customize their car seat and accessories in accordance with their preference.

Moreover, families with newborns or toddlers take special care to equip their vehicles with baby care car seats, which eventually provides an immense opportunity for players in the global car seat and accessories market to gain traction in the baby care or infant care segment.

Brief Approach to Research for Car seat and Accessories Market
The 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 market, including but not limited to: regional markets, product type, application and sales channel.

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About Us

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

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