Flour Mixes Market by Analysis, Growth, Emerging Trends, Research Methodology, Massive Growth & Industry Survey

The global flour mixes market size is projected to exceed US$ 25.8 Bn in 2022 and is projected to register 7.3% CAGR between 2022 and 2032. Increasing preference for healthy food products is fueling the demand for healthy bakery products such as flour mixes.

The demand for ready-to-eat and processed foods among consumers is rapidly increasing, resulting in the widespread use of batter mixes in a variety of convenience foods. In addition, demand for low-carb and gluten-free products is pushing the batter mixes production, which is a major factor driving the growth in the market.

Furthermore, increased investments in research and development efforts for developing batter technologies are expected to boost the demand for batter mix between 2022 and 2032.

Growth is also attributed to the increased demand for seafood around the world. Flour mixes is used to coat the fish with batter mixes to mask the smell of seafood, therefore, pushing the sales of batter mixes in the food industry.

It is also used in vegetarian cuisine, especially those made with common veggies, to provide the food with more crispness, flavor, and taste. As a result, the market for batter mixes is expected to increase at a rapid pace in the future years.

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Key Takeaways from the Flour Mixes Market Study:

  • Rising demand for premium quality prepared flour mixes with high nutritional content in the Asia Pacific is expected to drive the market.
  • In 2022, North America is projected to dominate the market, accounting for around 2% of worldwide revenue.
  • In 2022, Europe and the Middle East, and Africa flour mixes market, collectively, will account for approximately 8% of the total market share.
  • In terms of product type, the batter mixture segment is projected to dominate the market over the forecast period.
  • Based on application, the bakery shop segment is expected to account for significant share in the market.

“Key market players are investing in research and development (R&D) in order to introduce new products and gain a competitive edge. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.  

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Who is winning?

Key players operating in the global flour mixes market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering flour mixes are Nippon Flour Mills, Rikevita Food, Prima Flour, IREKS, AngelYeast, AB Mauri, Showa Sangyo, Griffith, Kerry, CSM, and others.

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FMI, in its new offering, provides an unbiased analysis of flour mixes presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Flour Mixes Market By Category

By Product:

  • Bread Mixes
    • Oat Bread
    • White Bread
    • Dark Bread
    • Multigrain Bread
  • Batter Mixes
  • Pastry Mixes

By Application:

  • Food Processing Industry
  • Household
  • Bakery Shop
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

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Frequently Asked Questions

  • How big is the flour mixes market?
  • What is the North America flour mixes market outlook?
  • What is the Europe Flour Mixes Market Outlook?
  • What are the key trends shaping the flour mixes market?

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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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Functional Mushroom Market Current Trends and Future Growth Estimations Outlook To 2032

The global functional mushroom market is projected to be valued at US$ 9.3 Bn in 2022. Expanding at a CAGR of 9.1% during the forecast period, the market size will reach US$ 22.3 Bn by 2032. Newly released data from Future Market Insights shows that global functional mushroom demand is projected to grow year-on-year (Y-o-Y) by 8.8% in 2022. Functional mushrooms are rare species having healing properties as they contain nutritional values and antioxidants, with a plethora of health claims and superfood benefits. These functional and adaptogenic mushrooms can boost immunity while promoting the overall health in a natural way.

Around 15 species of functional mushrooms are known for having medicinal and healing properties. Reishi, named as lingzhi in China, has been used in Chinese medicine for longevity for over 2,000 years, while Chaga is considered as the richest antioxidant mushroom that provides anti-inflammatory benefits while strengthening immune system. Further, Cordyceps, a parasitic and rare mushroom, is used for vitality, energy, and endurance worldwide.

Adaptogenic mushrooms are gradually emerging as an effective superfood. They increase energy levels, restore youthful glow of skin, keep hormone levels in check, and reduce brain fog.

Healing mushrooms, like Cordyceps, Tremella, Reishi, Oyster, Shiitake, and Enoki are being used in the health and wellness products as powdered supplements, which is expected to create opportunities for growth in the market.

In addition to this, increasing applications of functional mushrooms in non-alcoholic beverages and holistic pet care products will continue driving sales in the market over the assessment period.

“Rising awareness regarding the benefits of organic functional mushrooms, along with increasing interest and expenditure on nutrition and health supplements across the globe will dirve sales in the market in the forthcoming years,” says an FMI analyst.

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Key Takeaways from Market Study

  • Based on nature, the organic functional mushroom segment will account for a dominant share in the market.
  • In terms of applications, demand in the pet care industry is anticipated to remain high.
  • By form, sales of powdered functional mushroom will continue gaining momentum through 2032.
  • The U.S. will dominate the North America functional mushroom market owing to high demand from the food and beverage sector.
  • China will account for a lion’s share in the East Asia functional mushroom market on the back of surging applications on sports nutrition.
  • The U.K. will emerge as a lucrative pocket in the Europe functional mushroom market amid rising preference for organic food supplements.

Competitive Landscape

Key functional mushroom brands are looking for new strategic partnerships to diversify applications in food and beverage industry. Players are also focusing on developing nutritional and high-quality food solutions while being innovative with formulations to attract more customers. For instance:

  • In 2020, Meghan Markle, the Duchess of Sussex, announced to invest in Clevr Blends, an LA-based brand which sells powdered coffee spiked with adaptogens, functional mushrooms, and probiotics.
  • In November 2021, Odyssey Wellness LLC launched its RTD (ready-to-drink) line of functional and organic mushroom elixirs with the brew line including 4 delicious and unique flavor combinations, such as French Roast Oat Latte with Cordyceps, Lions Mane and Cocoa, Cold Brew Oat Latte with Cordyceps and Lions Mane, Berry White Tea with Chaga, Reishi, Turkey Tail, Maitake, Elderberry, and Shitake, and Chai Rooibos with Turkey Tail, Reishi, and Ashwagandha.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global functional mushroom market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Functional Mushroom Market By Category

By Nature:

  • Organic
  • Conventional

By Product Species:

  • Reishi
  • Shiitake
  • Lion’s Mane
  • Chaga
  • Maitake
  • Cordyceps
  • Tremella
  • Turkey Tail
  • Enokitake
  • Oyster Mushrooms
  • Others

By Form:

  • Liquid Sprays and Drinks
  • Powders
  • Capsules or Supplements
  • Others

By Application:

  • Food & Beverages
  • Nutraceuticals & Dietary Supplements
  • Pharmaceutical
  • Sports Nutrition and Functional Items
  • Cosmetics & Personal Care
  • Pet Care Industry
  • Others

By Region:

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

Frequently Asked Questions

  • How much is the global functional mushroom market worth?
  • At what CAGR is the market expected to expand through 2032?
  • At what rate did functional mushroom sales grow between 2017-2021?
  • What is the projected valuation of the functional mushroom market in 2032?
  • Who are the key players operating in the functional mushroom market?
  • Which are the top countries driving the functional mushroom market demand?
  • What are the key factors affecting the functional mushroom market growth?

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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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Vegan Butter Market 2022 Business Growth, Current Trends, Rules, Challenge, and Interaction, Application Details, Key Components, Forecast 2032

The vegan butter market is expected to top US$ 2.7 Bn in 2022 and is projected to grow at a CAGR of 5.7% between 2022 and 2032, surpassing US$ 4.8 Bn by 2032. The global vegan butter demand is projected to grow year-on-year (Y-o-Y) growth of 5.5% in 2022. Plant-based diet is gaining popularity for its huge benefits including the environment, health, and animal welfare.

Numerous plant-based products from milk alternatives to plant-based cheese are now available in the market including vegan butter. Vegan butter, sometimes referred to as plant-based butter, is a non-dairy substitute of butter which is generally made by combining water with a plant-derived oil.

The butter can be cultured via fermentation in food labs but only with plant-based sources. The cultures produced during fermentation are from lactobacillus genus only, but developed on vegetables or vegan substrates as opposed to dairy substrates.

The aforementioned cultures can leverage fermentation process to tailor the flavor of different unique cultures for the specific product which all are plant-based dairy alternatives, such as cream cheese, butter, dips, and brie.

The products can contain different additional ingredients as well, such as emulsifiers, salt, natural or artificial flavors, and colorings, to resemble the texture and taste of real butter, but always free of animal-sourced products.

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Key Takeaways from Market Study

  • The vegan butter market is anticipated to be worth US$ 2.7 Bn in 2022, expanding at CAGR of 7% through 2032.
  • Global vegan butter demand is projected to grow year-on-year (Y-o-Y) growth of 5% in 2022.
  • Demand for vegan butter grew at 0% CAGR between 2017 and 2021.
  • In terms of product, the oat milk segment is anticipated to witness robust growth over the forecast period.
  • Based on flavour, flavored vegan butter sales are projected to witness an uptick during the forecast period.

“Unlike most butters, vegan butters are low in total fat and calories, which can vary depending on each product ingredients, which is also in high demand. Hence, vegan butters are gaining immense popularity for their healthy content, compelling manufacturers to include the product as a food ingredient,” says a Future Market Insights analyst.

Competitive Landscape

Key vegan butter brands are adopting new strategic partnerships to expand their product capacities in food and beverage industry. Some of the core business brands are focusing on developing nutritional and high quality food solutions while being innovative with formulations to attract more customers towards the product.

  • On February 2020, Amarlane Foods, an Isreali company, announced to launch dairy alternative butter termed as ‘Butter’s Vegan Twin’. The company is dedicated to plant-based foods development with a minimal number of ingredients and all natural to attract more consumers. The product is ranged under the name of Betterine, which is made from just four ingredients including pure coconut oil, organic soy lecithin, water, and arrowroot powder.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Vegan Butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Vegan Butter Market by Category

By Source:

  • Rice Milk
  • Oat Milk
  • Soy Milk
  • Corn Milk
  • Almond Milk
  • Pea Milk
  • Cashew Milk
  • Coconut Milk
  • Hemp Milk
  • Flax Milk
  • Others

By Flavor:

  • Unflavored
  • Flavored
    • Cocoa/ Chocolate
    • Cinnamon
    • Banana
    • Coconut
    • Grape
    • Hazelnut
    • Lemon
    • Peanut Butter
    • Raspberry
    • Strawberry
    • Vanilla
    • Other Flavors

By Sales Channel:

  • B2B
    • Hotels
    • Restaurants
    • Cafes
  • B2C
    • Hypermarkets /Supermarkets
    • Convenience Stores
    • Mom and Pop Stores
    • Discount Stores
    • Food & Drink Specialty Stores
    • Independent Small Groceries
    • Online Retail
    • Others Retail Formats

By Application:

  • Bakery Industry
  • Confectionery Items
  • Dairy Industry
  • Dietary Supplements
  • Household Pantry
  • Hotel, Restaurant, Retail Chains
  • Others

By Region:

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

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Frequently Asked Questions

  • How much worth is the vegan butter industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of vegan butter over the past half-decade?
  • What will be the market for vegan butter worth in 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the vegan butter market demand?
  • What are the key factors affecting the vegan butter market growth?

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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.

Contact: 

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Collagen Drinks Market Analysis by Business Developing Strategies, Growth Key Factors and Forecast to 2032

The global collagen drinks market is expected to reach a market valuation of US$ 255.4 Mn by the year 2022, accelerating at a CAGR of 9.8% by 2022-2032. Collagen drinks sales are likely to account for ~1% of the overall dietary supplements market, which is anticipated to be valued at US$ 68.3 Bn by 2022 end.

Customers nowadays expect on-the-go, safe, and nourishing beverages. People are concerned about the nutritional value and quality of their beverages, and instead of asking, “What is in this beverage?” they ask, “What does this beverage do for me?”

Collagen Drinks Market Size (2022E) US$255.4 Mn
Collagen Drinks Market Projected Size (2032F) US$649.5 Mn
Value CAGR (2022-2032) 9.8 %
Top 3 Countries Market Share 31.2 %

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Consumers are increasingly aware about health benefits of the foods they consume, resulting in an increase in the overall market for collagen drinks. Manufacturers are therefore ensuring that the health benefits of their products are well-publicized in order to increase accessibility and drive growth.

The growing demand for convenient packaging is one of the primary factors driving the collagen drinks market. Fast-paced lifestyles and time scarcity across the globe have resulted in many people preferring on-the-go food items. This leads to the increased sales of handy small packaging of collagen drinks which can be carried easily in the hands. This is supported by innovative packaging which enables the longer storage of collagen drinks.

Key Takeaways from Market Study

  • The market is segmented based on end-user, wherein the female end users are anticipated to account for around 62.3% of the market share over the forecast period.
  • The North America collagen drinks market is anticipated to hold dominant share of around 28.8% in 2022, but South Asia is expected to witness a higher growth rate over the forecast period.
  • On the basis of application, cosmetics, and personal care industries are expected to hold a dominant share in 2022, but the nutraceutical industry is expected to witness a lucrative growth rate over the forecast period.

“Collagen drink manufacturers are aiming to sell more exclusive flavors to draw an increasing number of consumers. Focus towards fitness among consumers is expected to result in high sales of collagen drinks. Thus, producing fresh and tasty collagen drink items will help companies expand their business,” says a Future Market Insights analyst.

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How Do Collagen Drinks Market Historic And Future Outlook Compare?

A growing number of consumers value beverages’ ability to provide convenience, nutrition, and pleasure all in one portable package. As a result, there is a growing demand for collagen drinks that provide advanced health benefits, which has historically grown at a rate of around 8.4%.

Collagen supplements provide an excellent nutritional profile, proven health benefits, and overall cost-effectiveness. Collagen drinks are high in hydroxyproline, amino acids glycine, arginine, and proline which are associated with energy supply, cell regeneration, and metabolism. Customers looking for sports nutrition supplements are particularly interested in arginine and glycine.

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Competitive Landscape

Big players in the market are gaining from customer trust in them. Collagen drinks launched by big brands are more preferred by customers as they find them more trustworthy compared to new brands that have just arrived on the market. Additionally, big companies have stronger networks of distribution, and the potential to invest is high. Hence, increasing customer demand for famous brands would help expand new products businesses launch.

Collagen Drinks Market By Category

By End-user, Collagen Drinks Market is Segmented as:

  • Male
  • Female

By Application, Collagen drinks Market is Segmented as:

  • Food Industry
  • Cosmetics & Personal Care Industry
  • Nutraceutical Industry
  • Pharmaceutical Industry
  • Others

By Sales Channel, Collagen Drinks Market is Segmented as:

  • Modern Trade
  • Specialty Stores
  • Drug Stores
  • Online Retail Stores
  • Others

By Region, Collagen drinks Market is Segmented as:

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

Frequently Asked Questions

  • How big is the collagen drinks market?
  • What is the anticipated collagen drinks market value by 2032 end?
  • What is the collagen drinks market outlook?
  • Which region is expected to drive the demand for the collagen drinks?
  • Who are the key players operating in the collagen drinks market?

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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: 

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Christiana Corporate, 200 Continental Drive,

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Vegan Caviar Market Size to Grow with a High CAGR Global Industry Analysis and Forecast to 2032

The global vegan caviar market size is estimated to top US$ 295.6 Mn in 2022 and is projected to reach US$ 632.3 Mn by 2032 at a CAGR of 7.9% from 2022 to 2032. Sales of vegan caviar are poised to surge as availability via online channels grows.

With absolutely no animal ingredients, caviar made from seaweed is a plant-based food. Keeping in mind the vegans and vegetarian consumers, vegan caviar is developed as a green sustainable product, which is a great addition to a dish which can make it tastier and healthier. Not only it bring a color on the plate but also enhances taste and flavor of a dish.

Vegan caviar is a healthy substitute for fish caviar or fish roes. It is rich in plant protein, contains several nutrients, it is low on fat and salt content and it cholesterol-free.

Increasing consumption of seaweed-based or vegan caviar is helping in preserving the health of consumers and the planet. Seaweed caviar provides a unique experience to a consumer through its great taste and texture. For those who care for the environment and who love experiments and to get a great dining experience, tend to choose vegan caviar over traditional one.

Due to the above-listed factors, the demand for vegan caviar is predicted to surge over the forecast period (2022-2032).

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Key Takeaways from Market Study

  • Europe is expected to dominate the global market by accounting for the maximum market value share of about 32% by 2022 end, followed by APAC
  • The U.S. is to account for the maximum market share of nearly 80% of the North America Vegan Caviar market
  • By form, dried vegan caviar is expected to account for the maximum market value share of the global market by 2022 end
  • Health-conscious consumers coupled with higher income groups have an increased spending capacity which is likely to increase the demand for vegan caviar in the near future
  • Online channel is expected to show an impressive growth as compared to all the other channels over the assessment period (2022-2032)

 “The demand for vegan caviar is increasing globally because of the growing consumption by the health conscious population which is prophesied to fuel the growth in the near future. This will also encourage market players to try newer plant-based ingredients to launch novel products,” says a Future Market Insights analyst.

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Competitive Landscape

Various market players are adopting different marketing and promotional strategies such as partnerships, collaboration, merger and acquisitions, new product launches and geographical expansion. This is to cater the needs of the consumers and serve accordingly, thus, creating a larger customer base in the next few years.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global vegan caviar market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Form, Global Vegan Caviar Market is segmented as:

  • Preserved
  • Frozen
  • Dried
  • Fresh
  • Cooked
  • Others

By End Use, Global Vegan Caviar Market is segmented as:

  • Restaurant
  • Household
  • Others

By Distribution Channel, Global Vegan Caviar Market is segmented as:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region, Global Vegan Caviar Market is segmented as:

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

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Frequently Asked Questions

  • What is the vegan caviar market size?
  • At what rate will the vegan caviar market grow?
  • What strategies are adopted by the companies in the vegan caviar market?
  • What percent of share does the top 10 companies in the vegan caviar market hold?
  • Which are the major countries driving demand for vegan caviar?

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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: 

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Christiana Corporate, 200 Continental Drive,

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Dairy Processing Equipment Market 2022 is Booming Worldwide in terms of Share, Growth Size, Key Segments and Forecast to 2032

According to Future Market Insights (FMI), the sales of dairy processing equipment are expected to surpass a value of US$ 17.2 Bn in 2032, rising at a CAGR of around 5.4 % by the end of 2032.

Another factor projected to drive the market is manufacturers’ increasing interest in producing nutrient-fortified, organic, and low-fat dairy products in response to rising demand.
In top-tier dairy farms, cutting-edge automated milk production technology is replacing manual milking processes.

Milk is a perishable item that is contaminated by bacteria and has a high pH level. If sufficient hygienic procedures are not performed in the manufacturing and storage of dairy products, the quality and taste of the product will suffer.

Unsanitary working conditions and the spread of toxins through numerous sources are mostly caused by a lack of effective methods to handle dairy waste water. Rising incidence of a variety of ailments, such as digestive disorders caused by irregular eating habits, which typically emerge as a result of poor diet and hectic work schedules, is expected to drive the dairy processing equipment market across the world.

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Key Takeaways:

  • In terms of type, the automatic segment will dominate the market over the forecast period.
  • The U.S. is expected to spearhead the growth in North America dairy processing equipment market
  • China and Australia will vanguard the sales in East Asia and Oceania dairy processing equipment market
  • Based on equipment, the homogenizers segment will account for significant share in the market

“Increased demand for healthier dairy products is assisting the industry’s growth. Shifting preferences for healthy dairy products that are low in fat, cholesterol, and sugar, as well as the availability of a variety of flavours, are projected to boost the market. Implementing automation in dairy processing for increased efficiency, as well as a reduction in adulteration and cost, is expected to aid the growth in dairy processing equipment market” said a lead analyst at FMI.

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Who is winning?

Key players in the global dairy processing equipment market that utilize a variety of strategies to reach a large consumer base, including product development, marketing, and promotional efforts, distribution channel strengthening, and sustainable production.

Some of the leading companies offering equipment are GEA Group, Krones AG, Tetra Pak International, IDMC Limited, SPX Corporation, Van Den Heuvel, Jhon Bean Technologies Corporation, Alfa Laval Corporation, ISF Industries, Agrometal Limited, Coperion GmbH, Caloris Engineering LLC, Dui Ci Inox and others

Get Valuable Insights into Food Service Equipment Market

FMI, in its new offering, provides an unbiased analysis of dairy processing equipment presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Dairy Processing Equipment Market by Category

By Equipment Type:

Thermal Treatment System

Homogenizers

Pasteurizers

Dairy Centrifuges and Separators

Evaporators and Dryers

Filtration Systems

Mixing and Blending Equipment

Others

By Type:

Automatic

Semi-Automatic

By Application:

Cheese

Processed Milk

Yogurt

Protein Ingredients

Milk Powder

Others

By Regions:

North America

U.S.

Canada

Latin America

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The report covers exhaustive analysis on:

  • How much is the current worth of the dairy processing equipment market?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the dairy processing equipment market?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for dairy processing equipment?
  • At what rate will the U.S. dairy processing equipment market grow?

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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.

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Mechanical Seals Market – Global Industry Analysis, Share, Size And Forecast, 2016-2026

The increase in the production of shale gas in developing and developed countries is a major factor driving the growth of the market. New oil and gas exploration activities, coupled with extensive investments in refineries and pipelines is escalating the growth of the global mechanical seals market. Moreover, the introduction of new technologies is also a major element boosting the overall growth of the global mechanical seals market.

Global Mechanical Seals Market: Restraints

Introduction of alternate methods of sealing leakages like mechanical packaging eats into the revenue share of the mechanical seals market. Furthermore, use of electronic seals in automated manufacturing units can also impede growth during the forecast period 2016-2026.

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Key Players

The major players involved in the manufacturing of mechanical seals are AW Chesterton Company, EagleBurgmann India Private Limited, Flowserve Corporation, Flex-a-seal, John Crane Group, Bal Seal Engineering, Cooper-Standard, Federal-Mogul, Flexitallic Group, Garlock Sealing Technology, Henniges Automotive Sealing Systems, Hutchinson Sealing Systems, Timken AB, Freudenberg Sealing Technologies GmBH and Co. KG., Dana Corporation, Telleborg Industries and others.

Global Mechanical Seals Market: Region-wise Outlook

The highest growth is expected to be witnessed in the Americas due to increase in adoption of mechanical seals to ensure precise and prefect sealing of pipelines.

Demand for mechanical seals is anticipated to remain stable in Middle East & Africa. Asia Pacific excluding Japan (APEJ) is expected to offer growth opportunities to key players during the forecast period.

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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.


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About Mechanical Seals

Mechanical seals are those leakage control devices which are deployed on rotating equipment like mixers and pumps to avoid the leakage of liquid and gases from escaping into the environment.

Mechanical seals ensure that the medium stays in the system circuit, protecting it from external contaminations reducing environmental emissions.

Mechanical seals also helps in stopping leakage in systems that contain pressure. Before mechanical seals, mechanical packaging was used; however, it wasn’t as effective as seals are.

Mechanical seals often consume energy since the frictional properties of the seal has a huge impact on the amount of power consumed by the machinery on which it is used.

The four major classes of mechanical seals are traditional contact seals, cooled and lubricated seals, dry seals, and gas lubricated seals.

The report covers an exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved

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Report Highlights:

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

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.

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Home Decor Market Analysis, Size, Share, Incredible Growth, Detailed & Business Prospects | Future Market Insights, Inc.

The global market for home decor is anticipated to reach around US$ 855,680 Mn in value in 2022 and expand at a strong CAGR during the assessment period. The home décor industry is expanding globally as more people, particularly in poorer nations, own houses. Furniture, textiles, and floor coverings are utilised in home décor to improve the living area.

The rise of the real estate sector is one reason for the home décor market’s quick growth. Additionally, the ease with which individuals may access new types of designs and a diversity of things for house décor as a result of factors like globalisation is promoting the expansion of this sector.

To give a further fillip to the home décor market is the rise of the online retail segment. Due to the rise of the online retail, furniture and other items used for home décor are available at a discounted price and have become more affordable. Hence, a large number of people are accessing these online retail outlets to decorate their homes.

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Other factors that are encouraging the growth of this market are the rise in the disposable incomes and improving lifestyle of people. However, there are some restraints that are slowing the market growth of home décor products like the increasing price of raw materials like wood and leather.

4 Forecast Highlights on Global Home Decor Market

  • As per the forecast of Future Market Insights, the rugs segment is slated to touch a value of nearly US$ 155,460 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The rugs segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
  • As per the forecast of Future Market Insights, the direct to consumer segment will reach a value of nearly US$ 127,733 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The direct to consumer segment is estimated to account for more than one-fifth of the revenue share of the distribution channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.
  • As per the forecast of Future Market Insights, the indoor segment is slated to reach a value of nearly US$ 560,205 Mn in 2022. The indoor segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the indoor segment.
  • Future Market Insights forecasts the China home décor market to grow from US$ 79,955 Mn in 2017 to US$ 109,434 Mn in 2022. This represents a compound annual growth rate (CAGR) of 6.5% from 2017 to 2022.

The report has also profiled leading players in the global market for home decor, which will remain active through 2022. These include companies such as Samson Holding Ltd., Koninklijke Philips N.V., Springs Window Fashions LLC, The Oneida Group, Inc., Siemens AG, Suofeiya Home Collection Co., Ltd., Conair Corporation, Inter Ikea Systems B.V, Hanssem Co., Ltd. and Zepter International Inc.

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Market Taxonomy

Product Type

  •  Home Furniture
  •  Rugs
  •  Bath Textiles
  •  Bed Textiles
  • Kitchen and Dining Textiles Tiles
  • Wood & Laminate Flooring
  • Vinyl & Rubber Flooring
  • Lighting
  • Other Products

Distribution Channel

  • Retail Stores
  • Direct to Consumer
  • Manufacturer Stores
  • E-commerce Stores
  • Discount stores
  • Rental Stores
  • Club Stores
  • DIY Stores

Application

  •  Indoor
  • Outdoor
  • Other Applications

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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 5-years.

Contact:

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Smart Home Devices Market is Estimated to Register a Strong 18.7% CAGR by the end of 2031

smart home devices market : smart home devices sales is expected to grow at a healthy CAGR of over 18% during the study forecast period 2021-2031, despite a period of less growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The research study tracks smart devices sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.

FMI in its latest study has forecast the market to rise at a CAGR of 18.7% between 2021 and 2031. In terms of product type, entertainment & other controls is expected to hold a noteworthy revenue share, as entertainment & other controls has gained a significant millennial attention in the past few years. Other smart home devices like fitness tracker, smart sensors etc. have also gained popularity as these are also classified as the smart devices.

In addition, smart home device manufacturers are ensuring that their products and services are compatible with Amazon, Google, Samsung, and Apple platforms in order to reach the largest possible audience.

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Key Takeaways from the smart home devices Market Study

  • Driven by increasing demand for connected devices, the global smart home devices market is poised to reach US$ 42 Bn by 2021
  • As an early adopter, the U.S. will emerge as a key market, accounting for over 17% of global sales of smart home devices
  • Backed by high spending power of consumers, the U.K. market will exhibit an impressive y-o-y growth at a little above 17%
  • Germany and France will continue exhibiting high demand for smart home devices in Europe
  • Japan will remain a lucrative market in East Asia besides China

Green Building Initiatives Paving Way for Growth

Green building initiatives undertaken by several countries around the world have been creating lucrative growth opportunities.For instance, in India the government is providing certain incentives to IGBC which is a council in India implementing certain initiatives to build sustainable and eco-friendly buildings. These initiatives have played a major role in Kohinoor Hospital in Mumbai, which is a remarkable example of the green building initiative.

The hospital is Asia’s first Platinum-rated LEED-certified green hospital. Patients can enjoy improved care while paying lesser as the building is designed to save money on power and water. In the coming years, this initiative will aid in the creation of significant opportunities for the smart home technologies.

Who is winning?

Some of the key players present in the smart home device market are Samsung electronics Co. Ltd, LG Electronics, Siemens AG, Samsung electronics Co. Ltd, Honeywell International Inc., Schneider Electric, Koninklijke Philips N. V, Amazon.com Inc., Robert Bosch GmbH, Apple Inc., Nest Labs, UNITED TECHNOLOGIES, Panasonic Corporation, Sony Corporation, and Midea Group among others. Extensive discount are often offered to driven a desire among end consumers to adopt products embedded with smart technologies.

Get Valuable Insights into Smart Home Device Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global smart home device market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the smart home device market based on the product type (Lighting control security and access control, HVAC control, entertainment and other controls), Price Range (Below US$ 25, US$ 25-35 and Above US$ 35), Sales Channel (Direct Sales, Mono Brand, Supermarket/Hypermarket, Department Stores, Specialty Stores, Online Retailers and other sales channel) across seven major regions.

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Smart Home Devices Market by CategoryProduct Type

  • Security Lighting Control Smart Home Device
  • Access Control Smart Home Device
  • HVAC Control Smart Home Device
  • Entertainment and Other Control Smart Home Device
  • Kitchen & Home Appliances
  • Healthcare Smart Devices

Price Range

  • Below US$ 25 Smart Home Device
  • US$ 25-35 Smart Home Device
  • Above US$ 35 Smart Home Device

Sales Channel

  • Direct Sales
  • Mono Brands
  • Supermarkets/Hypermarkets
  • Department Stores
  • Specialty Stores
  • Online Retailers
  • Other Sales Channel

Region

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

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.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Pet Water Dispenser Market is Projected to Arrive at US$ 258.4 Mn by 2032, at a CAGR of 5.5% during Forecast 2022 – 2032

As per a recent market analysis by Future Market Insights (FMI), the pet water dispenser market is poised to reach a valuation of US$ 151.2 Mn in 2022. Sales are projected to increase at a 5.5% CAGR, with the market size reaching US$ 258.4 Mn by 2032.

Manufacturers are continuously flourishing towards developing innovative pet water dispensers which can be controlled using a smartphone or any Bluetooth device. Beijing Kitten & Puppy Technology Co. has designed the Pet X smart pet water dispenser. They applied the simplest animal behavior psychology in their product.

The smart pet X water dispenser allows access to the (IoT) and has a voice control feature as well, water frequency can be automatically controlled and can be switched off and on day and night using the Bluetooth device. The introduction of such smart pet water dispensers will create opportunities for growth in the market.

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In general, a pet water dispenser benefits the pets and the pet owners in many ways— freshness, convenience, and improved health of pets. These are the major factors that are fuelling the demand for a pet water dispenser in the market.

Key Takeaways:

  • Based on pet type, sales of water dispensers for dogs is will continue gaining traction.
  • In terms of sales channel, the E-commerce/online stores segment is anticipated to account for a dominant share in the market.
  • The U.S. will continue dominating the pet water dispenser market over the forecast period.
  • Demand for pet water dispensers in India is slated to increase at a considerable pace over the assessment period.

Competitive Landscape

Leading manufacturers of pet water dispenser products are focused on aggressive promotional strategies, advertisements, and new product launches to gain a competitive edge in the market.

Petmate, Radio Systems Corporation, Rolf C. Hagen Inc., Doggy Man, Coastal Pet, Critter Concepts, Gex Corporation, Torus Pet, Van Ness, K and H Pet Products, CatH2O, MOOREdoll, Pioneer Pet, and Petkit are some of the prominent players operating in the market.

Get More Valuable Insights

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

The study divulges compelling insights on the pet water dispenser market based on Material Type (Plastic, Wooden, Glass, Steel, Metal, and Others), By Animal Type (Dogs, Cats, Birds, and Others) Price Range (Mass, and Premium), By Sales Channel (Hypermarkets/Supermarket, Pet Specialty Stores, Multi-Brand Stores, Pet Care Stores, Online Retailers, and Other Sales Channel), & region.

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Pet Water Dispenser Market by Category

Material Type:

  • Plastic
  • Wooden
  • Steel
  • Glass
  • Metal
  • Others

Animal Type:

  • Dogs
  • Cats
  • Birds
  • Others

Distribution Channel:

  • Direct Sales
  • Indirect Sales
    • Hypermarkets/Supermarkets
    • Pet Specialty Stores
    • Multi-Brand Stores
    • Pet Care Store
    • Online Retail Stores

End-User:

  • Residential
  • Commercial

Price Range:

  • Mass
  • Premium

Region:

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

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.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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