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The global Fish Sauce Market to increase at a CAGR of 5.8% from now until 2032, when its value is projected to be about US$ 30.6 Bn.

Global fish production reached 179 million metric tons in 2018, according to the United Nations, with 23 million metric tons going to human consumption. This is due to several factors, the most significant of which is increasing awareness of the health benefits of seafood.

Seafood is low in saturated fats, high in protein and nutrients such omega-3 fatty acids, vitamin A, and vitamin B. Regular seafood consumption has been shown to improve cardiovascular health and reduce the risk of heart attacks and strokes. Furthermore, consumers are willing to try new foods, which is boosting the demand for various flavored fish sauces, such as hot sauce and soy sauce.

On the production front, consistent nominal fish prices have resulted in increasing production of fish and fish sauce products. According to a joint OECD-FAO report, nominal fish prices are predicted to rise at a rate of 1.5-2.1 % per year over the next decade. This means that major manufacturers of fish sauce will have lower production costs, allowing them to produce on a larger scale.

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“Increasing inclination towards ethnic and exotic food, along with wide availability of a hufe variety of sauces and condiments at online retail channels is expected to broaden the scope of fish sauce applications over the assessment period,” says an FMI analyst.

Key Takeaways:

• Based on product type, demand in the plain fish sauce segment will command more than 50% of the total fish sauce sales.
• In terms of technique, sales in the traditional method segment will account for a lion’s share in the global fish sauce market.
• By sales channel, the offline segment will remain highly lucrative through 2032.

China will emerge as an attractive market for fish sauce. Demand in the East Asia fish sauce market is expected grow at a 5.0%.

• North America is expected to emerge as a prominent market for fish sauce, dominated by the U.S. over the forecast period.

Competitive Landscape

Leading fish sauce makers are attempting to expand their footprint across attractive pockets by introducing new products, developing strategic partnerships with existing players, and purchasing small-scale producers. The following are some noteworthy market developments:

• Masan Consumer Holdings, situated in Vietnam, is a well-known fish sauce producer. Chin-Su Fish Sauce, Chin-Su Nam Ngu, and Nam Ngu Fish Sauce are among the company’s offerings. While the first two products are aimed at premium and high-end customers, the latter is designed exclusively for mid-tier customers and those looking for good value.
• Teo Tak Seng Fish Factory Co. Ltd., likewisw, sells its signature silver pomfret sauce, which is produced with fresh anchovies and salt. The sauce’s strong taste makes it great not just for stir-frying, but also as a delightful dip for a range of food.

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Fish Sauce Market By Category

By Flavor:

• Plain Fish Sauce
• Spiced Fish Sauce

By Technology:

• Traditional Method
• Industrial Method

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
• Middle east and Africa
• East Asia
• South Asia
• Oceania

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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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The book publishers market  to grow at a CAGR of around 3.9% through 2032, surpassing a valuation of US$ 89,983.6 Mn in 2021.

The demand for diverse instructional, fictional, non-fictional, and books from various other genres has increased as the number of readers throughout the world has increased. This is one of the main causes of increased book sales among a wider demographic. The growth of the worldwide book publishers market will accelerate as a result of these causes.

increasing numbers of individuals are reading for leisure and relaxation, which is good for their health and wellbeing. Reading also helps people form relationships and social ties, which is thought to boost one’s chances of moving up the social ladder. These characteristics are encouraging reading, which is opening up opportunities for book publishers to increase sales.

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Key Takeaways from the Book Publishers Market Study

• North America dominated the market and held the largest revenue share of in 2021 on account of the presence of a large number of independent publishers and publishing companies.
• In terms of books type, the friction books are estimated to account for the highest value share in the book publishers market.
• East Asia and South Asia are estimated to dominate the book publishers market.

“With emergence of social and technological changes, the rivalry between firms in the global book publishers market is becoming more intense. A few players in the market are creating a seed fund instead of buying author services, while others are partnering with the newly acquired author services company or merging with a competitor,” says an FMI analyst.

Impact of COVID-19 on the Market

The books market has shifted as a result of the new coronavirus pandemic. People’s ability to leave their homes and get closer to bookstores during the first lockdown in 2020 will have an impact on how many hard copies of books are sold.

However, as the greatest way for readers to adopt new trends, the demand for e-books and audiobooks is rising. Additionally, systems like online education and immersive learning promote market expansion.

It is presumable that the introduction of the newest software, hardware, and educational resources will offer a platform for readers to have a real-world experience. As people had free time after finishing their work during the pandemic, many people formed the habit of reading books and novels.

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Who is winning?

Leading manufacturers of books are focused on aggressive promotional strategies and advertisements that have driven sales growth of books globally. Major players present in the book publishers market are IDW Publishing, Morris Publishing, MARVEL, Scholastic Inc., Penguin Random House, Houghton Mifflin Harcourt., Pearson, MacMillan Publishers, Simon & Schuster, Inc., HarperCollins Publishers, Bertelsmann SE & Co. KGaA, Hachette Book Group, Planeta, and China South Publishing & Media Group Co., Ltd. among others.

Global Book Publishers Market by Category

By Books Type, Global Book Publishers Market is segmented as:

• Cookbooks
• History
• Science Friction & Fantasy
• Religion & Inspiration
• Fiction
• Mystery
• Romance
• Others (Horror, Comic, Biographies etc.)

By Region, Global Book Publishers Market is segmented as:

• Supermarket/Hypermarket
• Retail Shops
• Specialty Stores
• Online Retailers
• Other Sales Channel

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

Contact Us:                    

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The global scented candles market to surpass a valuation of US$ 3.6 Bn in 2022, with sale growing at a 4.1% CAGR through 2032.

Manufacturers are introducing limited edition scents and seasonal scents to boost sales. For instance, DIPTYQUE is selling a set of 5 scented candles that are part of a limited edition. Additionally, gift-giving options are being marketed for these candles.

Personalization is also taking centre stage in the market due to changing consumer preferences. In response, businesses offer customers the option to personalise and customise their candles by letting them select the scents and include messages and notes. Such changes are predicted to open up opportunities for market expansion.

Gamers now provide small limited-edition candles in addition to standard-sized candles, which are well-liked as gift choices. Some of the fragrances being promoted include berries, roses, pine trees, jasmine, musk, fig trees, wood fire, and mimosa.

Besides scents, companies are focusing on enhancing their packaging designs as the visual appeal of the product plays a major role in shaping consumer preferences. Leather bag inspired box, print box packaging, and eco-friendly sustainable packaging are some packaging options offered by the manufacturers.

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“Scented candles are being promoted as décor accents for homes as they provide ambient light and a luxurious visuals. Many of the scented candles are also being promoted as anxiety and stress reducer fragrances. Such developments are expected to augment the growth of the market through 2032,” says an FMI analyst.

Key Takeaways:

• In terms of product type, container-based candles are expected to dominate the market.
• Based on the shape, sales of round scented candles will grow at a 3.4% CAGR.
• Demand for multi wick candles will increase at a 5.2% CAGR through 2032.
• Sales through online channels are projected to grow at a healthy 6.9% CAGR over the assessment period.
• The U.S. will continue dominating the North America scented candles market, driven by high demand for limited edition candles.
• Sales in the U.K. scented candles market will increase at a 3% CAGR over the forecast period.
• India will emerge as a lucrative market, with sales projected to increase at a 2.9% CAGR over the assessment period.

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Competition Landscape

Leading players operating in the global scented candles market are investing in promotional strategies, advertisements, and new product launches with limited edition scents to gain a competitive edge in the market.

Key players operating in the market profiled by FMI include Newell Brands, MVP Group International, Estee Lauder Companies, NEST New York, Thymes, LLC.,L Brands, Portmeiron Group Plc., The Yankee Candle Co. Inc., The White Barn Candle Co., Village Candles, Bridgewater Candles., etc.

Scented Candles Market By Category

Product Type:

• Container Based Scented Candles
• Pillar Scented Candles
• Others

Shape:

• Round
• Flower
• Heart
• Oval
• Others

No. of Wicks:

• Single Wick
• Multi Wicks

Region:

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

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

Contact Us:                    

Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Dubai
United Arab Emirates
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The global  Wine Market to increase at over 5.1% CAGR, surpassing US$ 846.3 Bn between 2022 and 2032. Growth in the market is attributable to increasing consumption of red wine due to its varied health benefits.

The World Health Organization (WHO) reports that cardiovascular disease is the leading cause of death worldwide (CVD). The WHO claims that red wine has many health advantages, including reduced blood sugar levels and weight loss. Consequently, wine is marketed as a healthy beverage.

Throughout the anticipated term, sales of organic wine are anticipated to continue strong. Growing interest in organic products as a result of rising health consciousness is also helping the market expand. Therefore, it is anticipated that the demand for organic wine from restaurants and retail would grow rapidly over the forecast period.

According to Future Market Insights, the consumption of organic wine is fast rising, particularly in Germany and France. Additionally, the development of sustainable winemaking techniques has boosted sales.

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Key Takeaways from the Wine Market Study

• The U.S. held more than 67.6% of market share in North America in 2021 owing to the upsurge in the number of bars and restaurants in recent years.
• Italy wine market is expected to exhibit growth at a CAGR of 4.3% for due to the easy availability of grapes for wine production.
• In terms of type, the sparkling wine segment will dominate the market, registering growth at 8.5% CAGR between 2022 and 2032.
• In terms of price range, US$ 10- US$ 15 held over 39.1% of market share in the global wine market

“Improving lifestyle, increasing penetration of online sales channel and the internet, and growing consumption of red wine for recreational purposes are some of the factors driving the sales of wine across the globe,” says an FMI analyst.

Who is winning?

Leading manufacturers of Wine are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of wine globally. Major players present in the wine market are The Wine Group, John Distilleries, International Beverage Holdings, Halewood Wines International, Sula Vineyards Pvt. Ltd., Asahi Group Holdings, Ltd., Beijing Yanjing Beer Group Corporation, Castel Frères, Accolade Wines, Constellation Brands, Treasury Wine Estates (TWE), Pernod Ricard, and E. & J. Gallo Winery among others.

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Global Wine Market By Category

By Type:

• Sparkling Wine
• Dessert Wine
• Red Wine
• White Wine

By Price Range:

• Below US$ 5
• US$ 5-10
• US$ 10-15
• Above US$ 15

By Source:

• Organic Wine
• Conventional Wine

By Region:

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

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

Contact Us:                    

Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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The probiotic cosmetics market is anticipated to achieve a valuation of US$ 302.7 Mn in 2021. Men’s growing awareness of skincare, self-care, and good appearance is going to be a major factor in the probiotic cosmetics market’s rise.

The primary goal of the players is to seduce young men. To assist them in achieving this, top cosmetic probiotic brands provide them with the best products available. Expansion of the portfolios of leading companies will help them gain a competitive edge in the market.

Men are becoming more conscious of the importance of grooming and appearance, which has increased demand for skin care and cosmetics, particularly probiotic products made specifically for men. The market for probiotic cosmetics is primarily driven by enduring self-consciousness and growing social pressure to look good.

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The top market participants’ expansion plans will also help the industry as a whole. For instance, companies like Esse, Leflore, Marie Veronique, and MenBiotics continuously spend on R&D to meet the changing preferences of their customers. Additionally, this will support the player’s efforts to increase their market share.

Key Takeaways from the Probiotic Cosmetic Market Study

• In terms of product type, facial care products are projected to account for 40.2% of the total probiotic cosmetics market share in 2021. In terms of end-use, personal/individual will account for 63.0% of the total probiotic cosmetics market share in 2021.
• As per FMI analysis, probiotic cosmetics demand is increasing in the United States. The US is expected to account for 88.7% of sales in North America in 2021.
• The UK is a key market in Europe, registering a CAGR of 6.7% owing to higher spending on probiotic cosmetics in the country. Probiotic cosmetics sales via online sales channels will pick up pace globally.

“Cosmetic brands are expanding their penetration in the probiotic cosmetics market because probiotic reduces acne outbreaks and helps in managing eczema and dry skin. Furthermore, various brands operating in the probiotic cosmetic market are using virtual reality technology to motivate e-commerce shopping. Integration of advanced technologies facilitates personalizing online customer experiences. These advancements will drive sales in the market” says an FMI analyst.

Impact of COVID-19 on the Market

The new coronavirus outbreak had a significant impact, forcing the closure of all businesses and retail establishments that weren’t necessary. This has undermined corporate confidence, raised public anxiety, and created uncertainty about the future. Additionally, the COVID-19-related prolonged global economic downturns had a detrimental effect on the market for probiotic cosmetics.

Disruptions in the supply chain not only slowed consumer demand but also hurt the market. Additionally, the expansion of the probiotic cosmetics market was constrained by factors such as a lack of workforce, poor raw materials, a decline in the consumption of cosmetics, high production costs, and others.

For More Details, Ask Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-14177

Who is Winning?

Leading manufacturers and suppliers of probiotic cosmetics are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales globally.

Major players present in the probiotic cosmetics market are L’Oreal SA, Procter & Gamble, Unilever Plc, Arbonne International LLC, KORRES SA, L’OCCITANE, Aurelia London., Johnson & Johnson Consumer Inc, Amway, Andalou, Aurelia London., BIO MILK Skincare, Columbia SkinCare., EMINENCE ORGANIC SKIN CARE, LeFlore(R) Probiotic Skincare, ESSE SKINCARE, Marie Veronique., and ESTEE LAUDER COMPANIES among others.

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

Contact Us:                    

Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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The global plush blanket market  is expected to surpass a valuation of US$ 418.8 Mn in 2021 and at a CAGR of over 5.4% through 2031.

High focus on home decoration and willingness to spend on interior décor items will emerge as chief growth drivers. Interior decoration and themed houses are turning trendy and for elegance and comfort, people are spending on fashionable and comfortable plush blankets.

To capitalize on this trend, some of the leading market players have been aggressively investing in promotional campaigns and advertisements. Some of focusing on innovative product launches such as the launch of non-toxic and sustainable plush blankets.

Customers are becoming eco-conscious and drawn to non-toxic and non-allergic blankets. The bedding quality and material used has gained popularity, especially among millennial consumers. To cater to this, leading companies have launched plush blanket made from biodegradable material, which can be recycled and reused.

Besides launching eco-friendly products, companies are partnering with environmental protection groups to promote cruelty-free and chemical-free manufacturing. Such efforts undertaken by various organizations such as Shades of Green, Boll & Branch, and Pottery Barn are likely to promote sustainable and eco-friendly bedding and help the market grow.

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Key Takeaways from the Plush Blanket Market Study

• Full-size blankets are expected to hold the leading revenue share of 21.4% in the market in 2021.
• The U.S. will hold a share 87.7% in North America in 2021, owing to the high penetration of key players in the country.
• India is a key market in South Asia, registering growth at above 10.3% CAGR owing to higher spending on premium products in the country and increasing development in the real estate category.
• Europe will continue showcasing lucrative opportunities for the plush blanket market. Demand in Germany and the U.K. will continue supporting growth in the region.

“Rising availability of plush blankets in attractive patterns, which include smooth, textured, dimple, cuddle soft, and velvet, with wonderful colours, is making them popular a inclusion to improve aesthetic of bedroom decor.” says an FMI analyst.

Who is Winning?

Some of the leading players in the market are Berkshire Blanket & Home Co., American Blanket Company, FleecePro, Sunbeam Products, Inc., ADORNit, Plush Addict Ltd., Robert Kaufman Co., Inc., Shannon Fabrics Inc., Venus Group, The Company Store, The Northwest Company, among others.

Market players are focusing on the expansion of their product portfolio. Some of them are increase their sales by expanding their business portfolio by collaborating with e-commerce supply channels.

For instance, in 2021, PIXERS launched a customized plush blanket that is soft and warm, suitable for the bedroom, kid’s room and the living room as a bedspread or additional cover. This factor helps the company to gain customer attention in the market.

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Plush Blanket Market by Category

By End-Use:

• Residential
• Commercial

By Type:

• Twin
• Twin XL
• Full
• Queen
• King

By Sales Channel:

• Direct Sales
• Hypermarkets/ Supermarkets
• Specialty Stores
• Online retailing
• Convenience Stores

By Region:

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

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

Contact Us:                    

Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs