CIS Insulin Market is expected to reach US$ 465 Million by 2022, at a CAGR of 2.7% from 2022-2032 | FMI

The global CIS insulin market is estimated to garner US$ 600 Million while exhibiting a 2.7% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 465 Million in 2022. From 2015 to 2021, CIS insulin sales grew at a CAGR of 2.2% to be valued at US$ 455 Million.

Increasing initiatives to provide high-quality diagnoses increase the demand for the market. The rising prevalence of diabetes patients and changing lifestyles and eating habits resulting in health disorders such as obesity and other metabolic diseases this in turn is anticipated to foster the market growth in the near future.

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Also, the adverse effect of insulin therapy like hypoglycemia and pain at the site of injection may impact the use among some individuals are some of the prominent factors anticipated to hinder the market’s growth during the forecast period.

Key Takeaways from the Market Study

  • CIS insulin market worth to grow 1.3x during the 2022-2032 period of assessment
  • By product type, the rapid-acting segment is expected to record a 2.2% CAGR by 2032
  • By application, the Type I and other diabetes segment to expand at a 2.1% growth rate during the forecast period
  • The U.S market to garner US$ 257 Million and record a 4.6% CAGR from 2022-2032
  • Market in China to procure US$ 50 Million, expanding at a 4.5% growth rate during the assessment period

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“With a rising global incidence of diabetes, healthcare practitioners are extensively leveraging diagnostics and treatment technologies aimed at providing maximum relief to patients. This has widened prospects for CBD insulin products,” remarks an FMI analyst.

Competitive Landscape

Eminent players of the global CIS insulin market include Novo Nordisk, Sanofi, Eli Lilly, Bristol-Myers Squibb and Novartis among others. Recent key developments among players include:

  • In June 2022– Lilly presents the new mechanism of action data and new analyses of of Mounjaro™ (tirzepatide) injection for the treatment of adults with type 2 diabetes at the American Diabetes Association’s® 82nd Scientific Sessions.
  • In November 2021 – Novo Nordisk announced the acquisition of Dicerna Pharmaceuticals (Dicerna). to discover and develop RNAi therapies using Dicerna’s proprietary GalXC™ RNAi platform technology.
  • In February 2022 — Novartis India Limited (NIL) today announced an exclusive sales and distribution agreement with Dr. Reddy’s Laboratories (Dr. Reddy’s) for a few of its Established Medicines which includes the Voveran range, the Calcium range and Methergine.
  • In January 2022– Bristol Myers Squibb and Century Therapeutics announced collaboration and license agreement develop and commercialize up to four induced pluripotent stem cell (“iPSC”) derived, engineered natural killer cell (“iNK”) and / or T cell (“iT”) programs for hematologic malignancies and solid tumors.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global CIS insulin market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Product (Rapid Acting, Long Acting, Premixed, Premixed Analog, Short-Acting, Intermediate-Acting) by Application (Type I and other diabetes, Type II diabetes) by Source (Human Recombinant Insulin, Analogs) and Region (North America, Latin America Europe, APAC, and Middle East & Africa)

Key Segments Profiled in the CIS Insulin Industry Survey

CIS Insulin Market by Product Type:

  • Rapid Acting CIS Insulin
  • Long Acting CIS Insulin
  • Premixed CIS Insulin
  • Premixed Analog CIS Insulin
  • Short-Acting CIS Insulin
  • Intermediate-Acting CIS Insulin

CIS Insulin Market by Application:

  • CIS Insulin for treating Type I and Other Diabetes
  • CIS Insulin for treating Type II Diabetes

CIS Insulin Market by Source:

  • Human Recombinant CIS Insulin
  • Analogs-based CIS Insulin

CIS Insulin Market by Region:

  • North America CIS Insulin Market
  • Latin America CIS Insulin Market
  • Europe CIS Insulin Market
  • Asia & Pacific CIS Insulin Market
  • Middle East & Africa (MEA) CIS Insulin Market

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Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on CIS Insulin Market

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis

        3.1.3. Impact on Market Value (US$ Mn)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background

    4.1. CIS Insulin Market, by Key Countries

    4.2. CIS Insulin Market Opportunity Assessment (US$ Mn)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario

Full TOC…

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NFC Reader ICs Market is Likely to Touch a Valuation of US$ 50 Bn by 2032 – Report by FMI

The market for NFC reader ICs was valued at about US$ 18 billion globally in 2021, and it is anticipated to reach US$ 50 billion by 2032. Additionally, due to growing demand for NFC reader ICs from a variety of industries, including BFSI, healthcare, and media & entertainment, the global market for NFC reader ICs is expected to grow at an excellent CAGR of 14.5 percent between 2022 and 2032.

The high preference for payment applications over card transactions has resulted in the emergence of the Near Field Communication or NFC technology. NFC reader ICs are the most important components for the effective functioning of the NFC technology. They are the active components in NFC transactions and can interact with NFC phones, read & write cards and tags, and enable communication between devices.

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NFC Reader ICs Market: Drivers and Challenges

One of the major factors driving the NFC reader ICs market is the speedy and secure sharing of data. As the efficiency of FC reader ICs is increasing, the speed and security-related parameters of the NFC technology is also improving. This has increased the market for NFC and has been a major driver of the NFC reader ICs market for the usage of these components in different applications. Another driver of the NFC reader ICs market has been the increasing penetration of smartphones. Smartphones have become an important part of the lifestyle of consumers, and NFC can be enabled in these devices with the integration of NFC reader ICs. Hence, an increase in the penetration of the smartphones market in different regions is proportionally boosting the NFC reader ICs markets in the same regions.

However, the availability of alternatives of NFC reader ICs in the market is among the factors restraining the market. Some of the alternatives of NFC reader ICs are UPI systems in India and mobile wallets, which offer better security as well a lower cost as compared to the NFC technology, and this is likely to hamper the growth of NFCs and ultimately restrain the growth of the NFC reader ICs market.

NFC Reader ICs Market: Key Players

  • STMicroelectronics
  • NXP Semiconductors
  • Texas Instruments Incorporated
  • Broadcom Inc.
  • Qualcomm Inc.
  • Marvell Technology Group Ltd.
  • Mstar Semiconductor Inc.

NFC Reader ICs Market: Regional Overview

On the basis of geography, the NFC reader ICs market can be segmented into North America, Latin America, Western Europe, Eastern Europe, China, SEA & other APAC, Japan and Middle East & Africa. Among various regions, the Western Europe NFC reader ICs market has been a prominent market in terms of value, followed by the U.K. and Germany. Moreover, the NFC reader ICs market in North America is expected to be growing at the fastest rate due to an increase in the number of users of smartphones that are enabled with NFC reader ICs in the region. The NFC reader ICs market in Western Europe and North America is expected to be followed by the China and Japan NFC reader ICs markets.

Since the maximum number of manufacturers of NFC reader ICs are based in North America and Western Europe, the NFC reader ICs market is expected to gain traction in these regions throughout the forecast period. This can be attributed to the low presence or absence of manufacturers of the same in other regions. The NFC reader ICs market in North America and Western Europe is expected to account for more than 50% of the total NFC reader ICs market.

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The report covers exhaustive analysis on:

  • NFC Reader ICs Market Segments
  • NFC Reader ICs Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • NFC Reader ICs Market Size & Forecast 2017 To 2027
  • Supply & Demand Value Chain
  • NFC Reader ICs Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • NFC Reader ICs Market Value Chain
  • NFC Reader ICs Market Drivers and Restraints

Regional analysis for NFC Reader ICs Market includes

  • North America Market
  • Latin America Market
  • Western Europe Market
  • Eastern Europe Market
  • SEA and other APAC
  • Japan
  • China
  • Middle East and Africa Market

Key Segments Profiled in the NFC Reader ICs Industry Survey

By NFC Functionality:

  • Full NFC
  • ISO/IEC 15693
  • ISO/IEC 14443 Type A
  • ISO/IEC 14443 Type A+B

By Host Interface:

  • I2C and SPI
  • SPI
  • UART, I2C and SPI
  • USB and UART

By Application:

  • Access
  • Consumer
  • Metering
  • Payment
  • Gaming

By End User:

  • BFSI
  • Media & Entertainment
  • Hospitality
  • Healthcare
  • Others

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Bioactive Ingredient Market Research Report- Opportunities & Challenges With Completely Different Segments, Forecast 2027

According to Future Market Insights (FMI), the overall sales of bioactive ingredient are estimated to reach a value of US$ 38.2 Bn by 2022, surging at 3.8% CAGR over the forecast period (2022-2032). Growing consumption of natural food ingredients and healthy food products is expected to boost the growth in bioactive ingredient market. Health benefits associated with natural products are the key drivers boosting the demand for bioactive ingredients.  

Dietary supplements are preferred by customers as they are made with natural components that improve health and wellness. As a result of the increased demand for natural-based ingredients, adoption of bioactive compounds is expected to surge in diverse range of food products. 

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Further, growing focus on food safety issues has raised awareness for transparency and traceability. Hence, key players such as such as Cargill, Incorporated, CP Kelco, Ingredients AG, and Ingredion Incorporated are providing labeled products to capitalize on growing clean label trends. 

Subsequently, increasing use of macronutrients including fibers, carbs, proteins, and fats in various ready-to-mix & eat products is driving the demand in the market. On the back of these factors, the bioactive ingredient market is projected to surpass US$ 55.4 Bn by the end of 2032. 

Key takeaways from market study 

  1. Based on product type, the antioxidants segment is expected to witness highest growth over the forecast period (2022-2032). 
  1. North America bioactive ingredient market is expected to witness a lucrative growth rate of 6.8% CAGR during the assessment period. 
  1. East Asia is anticipated to account for 17.8% in the global bioactive ingredient market through 2032. 
  1. Based on application, functional food & beverages is anticipated to account for around 25.6% of the market share over the forecast period. 

Key bioactive ingredient producers are actively exploring the applications through various research institutions, public research universities, and crop institutes across the globe. Also, increased demand for packaged and healthy food products is propelling the demand in the market.” says a lead analyst at Future Market Insights. 

Competitive landscape 

The global bioactive ingredient market is expected to be consolidated. Key players in the market are focusing on expansion of their product line to strengthen their foothold in the industry. Expansion in emerging economies such as India and China is a key strategy adopted by leading players to increase their revenue. 

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Some of the key players operating in the bioactive ingredient market are Dupont, Royal DSM, Cargill Inc., Archer Daniels Midland, BASF, Koninklijke DSM N.V., AJINOMOTO CO., INC, Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères S.A., Kerry Inc, Total Nutrition, Inc, Danone SA, Nestlé SA Valio Limited i-Health, Inc. and others 

Get More Valuable Insights 

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

Bioactive Ingredient Market by Category 

By Product Type: 

  • Probiotics And Prebiotics 
  • Amino Acids 
  • Omega 3 Lipids 
  • Peptides & Proteins 
  • Minerals & Vitamins 
  • Carotenoids And Antioxidants 
  • Phytochemicals & Plant Extracts 
  • Fibers & Specialty Carbohydrates 

By Application: 

  • Functional Food & Beverages 
  • Dietary Supplements 
  • Personal and Beauty Care 
  • Pharmaceutical 
  • Animal Nutrition  

By Distribution Channel: 

  • B2B 
  • B2C 
  • Hypermarket/Supermarket 
  • Specialty Stores 
  • Online Retail Store  
  • Pharmacy Stores Online Retailers 

By Region: 

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

About Food & Beverage Division at Future Market Insights 

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

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Sterilants Market Key Players : Evonik Industries AG, 3M Company, Steris Plc., Cantel Medical Corporation

Sterilants sales will continue rising as focus on maintaining a clean and hygienic environment increases to prevent the spread of infections. Future Market Insights in a new study has predicted the sterilants market to reach US$ 2.31 Bn by 2021. Sterilants are chemical agents that destroy (or irreversibly inactivate) bacteria, fungi, and viruses, including their spores. They are also known as sporicides or sterilizers.

The sterilants market is expected to grow significantly in terms of revenue over the forecast period owing to the rising incidence of infectious disease transmission and surging demand for compatible sterilants. Among products available, the demand for ethylene oxide (EtO) is expected to remain considerably high. It is expected to account for over one-fourth sales in the market.

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Demand for sterilants is poised to surge especially amid the COVID-19 outbreak. Consecutive waves of the pandemic has put hospitals and healthcare clinics under pressure to efficiently manage a rising footfall of patients. While the healthcare sector is pulling up the sleeves to contain the soaring number of cases infected with the virus, focus on maintaining a clean and hygienic environment is rising as well.

Healthcare organizations are adopting various policies to respond to the pandemic, one of them being increasing investment in sanitization and sterilants to prevent the risk of infection. Consequently, despite supply chain disruptions witnessed amid the crisis, the demand for sterilants will continue rising.

Key Takeaways from Sterilants Market Study

  • Global sterilants market is estimated to rise at a CAGR of 5.9% during the forecast period (2021-2031)
  • Presence of a sophisticated healthcare infrastructure and willingness to spend on health and hygiene will support sales in the U.S., which will account for 88% of the North America market in 2021
  • Despite ongoing restriction to contain pandemic, the U.K. market will continue rising. In 2021 it is expected to register 4.3% y-o-y growth
  • Expansion of the healthcare sector will creative conducive environment for growth in India
  • Rising disposable income and favorable insurance policies will support the expansion of sterilants market in China

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 “Competition in the sterilants market is rising. Consequently the existing market players are likelier to focus on expansion strategies besides product launches. Some of them are entering into strategic collaborations will other companies,” says the FMI Analyst.

Development of Effective and Compatible Sterilants to Meet the End Users’ Demand is A Key Strategy for Sterilants Market Players

The leading manufacturers are focusing on research and development to develop effective and compatible sterilants that can meet the end users’ demand. The current pandemic outbreak and the growing global demand for multifunctional sterilizing products have led the manufacturers to increase their research efforts and expand their product portfolio through innovative product launches. For instance, in 2020, in response to the pandemic situation of the coronavirus outbreak, Lanxess launched a high-level disinfectant named Rely+On Virkon.

Key Participant Insights

Some of the companies covered by FMI include 3M Company, Steris Plc., Cantel Medical Corporation, Evonik Industries AG, Arkema S.A., Thor Group, Metrex Research, LLC, Ecolab Inc., Solvay SA, LANXESS, Contec, Inc., OZU Corporation, Cetylite, Inc., Veltek Associates, Inc., Whiteley Corporation, Gul Biyoloji Laboratuvari, and others. These players are consolidating their positions through mergers, acquisitions and new product launches.  Besides this they are adopting various strategies to consolidate their market share.

For instance, in 2021, Steris Plc acquired Cantel, a global provider of infection prevention products and services primarily for endoscopy and dental customers, by entering into a definitive agreement through a U.S. subsidiary.

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Want More Insights?

Future Market Insights (FMI) brings a comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global sterilants market is segmented in detail to cover every aspect of the market and present a complete market intelligence report to the reader. The study provides compelling insights on the sterilants market on basis of product type such as ethylene oxide (EtO), glutaraldehyde, hydrogen peroxide gas plasma (HPGP), vaporized hydrogen peroxide, immersion and vapor phase peracetic acid and others. Based on form, sterilants are segmented into liquids and sprays. Based on end-users, the market is segmented into hospitals, clinics, ambulatory surgical centers, diagnostic laboratories, reference laboratories, rehabilitation centers, long-term care centers, critical care centers, pharmaceutical & biotechnology companies, academics and research institutes and homecare settings.

Sterilants Market by Category

Product

  • Ethylene Oxide (EtO)
  • Glutaraldehyde
  • Hydrogen Peroxide Gas Plasma (HPGP)
  • Vaporized Hydrogen Peroxide
  • Immersion and Vapor Phase Peracetic Acid
  • Others

Form

  • Liquid
  • Spray

End-user

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Laboratories
  • Reference Laboratories
  • Rehabilitation Centers
  • Long Term Care Centers
  • Critical Care Centers
  • Pharmaceutical & Biotechnology Companies
  • Academics and Research Institutes
  • Homecare Settings

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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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D-Lactate Free Probiotics Market Opportunities, Challenges With Completely Different Segments, Forecast to 2032

The global D-lactate free probiotics market size is expected to reach US$ 84.92 Billion in 2032. The D-lactate free probiotics market is growing rapidly. As per FMI Analysts, the global D-lactate free probiotics market is estimated to be valued at US$ 39.70 Billion in 2022 and is projected to increase at a CAGR of 7.9% in the forecast period from 2022 to 2032.

D-Lactate is a by-product of the probiotic fermentation process, and may cause neurological problems in vulnerable people, mainly children with Autism Spectrum Disorder (ASD). This has further paved way for the production of d-lactate free probiotics formulas that are based on non-d-lactate producing probiotics.

With the growing number of individuals susceptible to health issues caused by this lactate derivative, the d-lactate free probiotics market is expected to grow in the forthcoming years.

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Some of the leading players operating in d-lactate fre.e probiotics market are DowDuPont, Custom Probiotics, Greentech, Organic 3, Inc., UAS Laboratories,

Biogaia AB, Danone, Sabinsa, Novozymes, Chr. Hansen, Yakult Honsha, Synbiotech, Nestlé, and Biosearch Life. The key players in d-lactate free probiotics market are increasingly focusing on growing their presence through mergers & acquisitions and novel product developments.

Notable developments in the competitive landscape of d-lactate free probiotics market include: 

A leading player in d-lactate free probiotics market, DuPont Nutrition & Health has completed the construction of a new probiotics fermentation unit at its Rochester facility. This novel unit is a part of a multiphase $100 million investment. With this hefty investment, the company aims at expanding probiotics capacity by nearly 70%, and improving its leadership in clinically documented probiotics portfolio.

Hansen, a global bioscience company, has formed a partnership with Prota Therapeutics, which is a leading developer of oral immunotherapies to prevent food allergies. Together the two companies will evaluate LGG®, the best documented probiotic strain worldwide, in a Phase III clinical trial to come up with peanut allergy treatment.

D-Lactate Free Probiotics Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the D-Lactate Free Probiotics market. Competitive information detailed in the D-Lactate Free Probiotics 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 D-Lactate Free Probiotics market report.

Key Segments Profiled in the D-Lactate Free Probiotics Market

By Ingredient Type:

  • Bacteria
  • Yeast

By Function:

  • Regular Use
  • Preventive Healthcare
  • Therapeutics

By Application:

  • Food and Beverages
  • Dietary Supplements
  • By Distribution Channel:
  • Hypermarkets/Supermarkets
  • Pharmacies/Drugstores
  • Specialty Stores
  • Online

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 D-lactate Free Probiotics Market Grow?

Which Region is set to lead the D-lactate free probiotics market?

Which are some of the Renowned Companies in the D-lactate Free Probiotics Market?

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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.

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Skincare Market covering Sales Outlook, Growth, Competitive Landscape, Segments , End-user – FMI

[296 Pages Report] Increase In awareness regarding advanced skincare products and rising prevalence of chronic diseases are expected to drive skincare market. According to a study by Future Market Insights (FMI), the global skincare market is forecast to reach a valuation of US$ 8,823.4 Mn in 2021.

The rising prevalence of several infectious diseases has necessitated innovation in the skincare market. According to the World Health Organization (WHO), the prevalence of chronic diseases was expected to increase by 57.0% by 2020, which indicated that a significant percentage of the population would suffer from chronic ailments. Also, the global outbreak of pandemics such as H1N1, Ebola, and others are boosting the requirement of different hand and skin hygiene products such as hand sanitizers, which is indicative of growth opportunities for the market.

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Skincare products such as skin cleansers, hand sanitizer, skin conditioners, and surgical scrubs are increasingly used to maintain skin hygiene and to prevent the spread of infections. The rising prevalence of chronic diseases and increase in demand for hand sanitizers amid COVID-19 pandemic is expected to boost the growth of the skincare market.

Moreover, increasing incidence of hospital-acquired diseases such as surgical site infection (SSI) is creating opportunities for growth. Sales will surge further as a result of the increasing awareness about advanced skincare products. Social media & innovative online campaigns aimed at creating awareness are therefore reshaping the skincare market.

Increasing market consolidation activities, adoption of strategic agreements among the leading manufacturers and increasing research activities aimed at launching effective products are some of the factors enabling growth. Some of the leading players are aiming to strengthen their product portfolio by launching a various online campaign. For instance, in 2021, Galderma Laboratories, L.P.-Cetaphil launched an innovative digital campaign to connect with millions of consumers experiencing skin sensitivity.with the market expected to exhibit a CAGR of 8.1% during the forecast period (2021-2031)

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Key Takeaways from Skincare Market Study

Skincare market is expected to rise at 8.1% CAGR between 2021 and 2031
High willingness among consumers to spend on personal health and hygiene will drive growth in the U.S., which will account for over 85% of sales in North America by 2031
The U.K. will remain a key market for skincare products within Europe. Rising demand from various hospitals, healthcare, and critical care centers will continue supporting growth
Expansion of the healthcare sector will push growth in Germany, which will account for maximum skincare products sales within Europe’s healthcare sector
Strong growth is likely in China, as consumers increasingly focus on hygiene and sanitization to prevent the risk of infection

Key Players :

  • 3M Company
  • Cardinal Health, Inc.
  • Ecolab
  • Whiteley Corporation
  • Reckitt Benckiser Group PLC
  • Carrollclean
  • Johnson & Johnson Consumer Inc.
  • Galderma laboratories, L.P.
  • PDI, Inc.
  • Betco Corporation
  • Pal International
  • PSK Pharma Pvt. Ltd.
  • Metrex Research, LLC.
  • Gojo Industries, Inc.
  • Unilever
  • Steris Plc.
  • Procter & Gamble

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Skincare Market by Category

Product

  • Skin Cleansers
  • Hand Sanitizers
  • Surgical Scrubs
  • Skin Conditioners
  • Other

Form

  • Liquid
  • Gel & Lotions
  • Wipes
  • Spray & Foams

End-user

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Laboratories
  • Reference Laboratories
  • Rehabilitation Centers
  • Long Term Care Centers
  • Critical Care Centers
  • Pharmaceutical & Biotechnology Companies
  • Academics and Research Institutes
  • Homecare Settings

Region

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

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.

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GMO Testing Services Market Boosting the Growth Worldwide, Dynamics and Trends, Efficiencies Forecast to 2032

The global GMO testing services market is set to witness growth at a CAGR of 7.8% over the forecast period, reaching US$ 4.6 Bn by 2032.

The expansion in the GMO testing market is being fueled by increasing investments and developments in biotech research. GMOs are organisms whose DNA structure has been modified through the use of biotechnology technologies, which are used to produce high-quality food.

Moreover, to cater to the growing demand, food manufacturers are having their products verified as GMO-free as a response to the implementation of legislative bills such as the GMO labelling law. As a result, demand for non-GMO products will likely drive the global GMO testing market in the forthcoming years, as will the need for sophisticated technology to analyze next-generation GMO properties.

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“Increasing production of diverse processed food products using genetically modified crops, as well as technological advancements in modern farming techniques across the globe will provide an impetus to sales in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

The global GMO testing services market is anticipated to reach a valuation of around US$ 2.2 Bn by 2022 end

The market is segmented based on technology, wherein Polymerase Chain Reaction (PCR) GMO testing services is anticipated to account for around 50% of the market share over the forecast period.

The North America GMO testing services market is expected to witness a lucrative growth rate of 7.5% during the forecast period.

Use of GMO testing services for meat & meat products to become a lucrative in the coming years

East Asia is expected to emerge as a prominent market for GMO testing services market in the forecast period

Competitive Landscape

The global GMO testing market is fragmented, with prominent competitors striving to gain a competitive edge, particularly in developed regions where regulatory compliance is rigorous and public awareness of food authenticity is high. For instance:

In December 2021, ALS Limited announced the acquisition of MinAnalytical Laboratory Services Australia Pty Ltd, a Geochemistry testing company to expand their operations in Australia.

Leading Companies Profiled inGMO Testing Services Market are

Interrtek

SGS SA

Eurofins

ALS Limited

Thermo Fisher Scientific, Inc.

TÜV SÜD AG

Merieux Nutrisciences

Bio-Rad Laboratories

Microbac Laboratories

OMIC

Others

Explore More Valuable Insights

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

GMO Testing Services Market by Category 

By Technology: 

  • ELISA Test
  • Polymerase Chain Reaction (PCR)
  • Lateral Flow Devices (LFD)

By Crop Type: 

  • Corn
  • Rapeseed/Canola
  • Soy
  • Potato
  • Tomato
  • Other Crops

By Trait: 

  • Herbicide tolerance
  • Stacked
  • Insect resistance

By Food Type: 

  • Meat & meat products
  • Food additives
  • Bakery & confectionery
  • Breakfast cereals & snacks
  • Infant food
  • Others

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Frequently Asked Questions

  • How much is the GMO testing services market currently worth?
  • What is the growth rate of the GMO testing services market over the forecast period?
  • What is the anticipated market value of the GMO testing services market by 2032 end?
  • Which region is expected to drive the GMO testing services market over the forecast period?
  • Who are the key players in the GMO testing services market?

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.

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Nasal Spray Market be valued at more than US$ 3.21 Billion by 2030 | Research Report by FMI

[250 Pages Report] Future Market Insights (FMI) has forecast positive outlook for the nasal spray market in a recent study. The rising cases of allergic rhinitis and the demand for better accuracy in drug delivery are identified as chief growth drivers. Growth is expected to remain bullish as various countries showcase high healthcare spending.

Nasal Spray Market is expected to expand at a moderate CAGR of over 6.1% over the next ten years, and be valued at more than US$ 3.21 Bn by 2030-end. As per product, the demand for nasal steroid spray will remain considerably high, accounting for the leading share in the market though the course of the forecast period.

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According to a study by the Research and Development (RAND) Review blog published in 2017, nearly 60% of Americans have at least one chronic health condition, which often results in accelerating healthcare spending each year. With the incidence of chronic ailments and resultant spending on healthcare projected to spur, nasal sprays market will have positive growth on cards.

As per the report, the market’s overall valuation is likely to surpass US$ 15 Bn by 2021. Growth will continue at a positive rate, thanks to recent approvals to nasal migraine and hormonal therapies.

Among products available, nasal steroid spray will prove exceptionally lucrative, accounting for over 42% of sales in the market. Besides their improving availability, potential to offer relief from nasal allergies and  hay fever will drive growth in the category

Key Players:

  • Astra Zeneca  Plc.
  • Cipla Ltd.
  • Johnson & Johnson Services, Inc. (Johnson & Johnson Pacific Pty Limited)
  • Glaxosmithkline Plc.
  • Novartis International AG
  • Procter & Gamble
  • Sanofi S.A. (Sanofi-aventis LLC.)
  • Boehringer Ingelheim GmbH
  • AdvaCare Pharma
  • Bayer AG (Bayer Consumer Health
  • Covis Pharma S.a.r.l.
  • Nipro Corporation (NIPRO JMI Pharma Ltd.)
  • Viatris Inc. (Meda Pharmaceuticals Inc.)
  • Perrigo Company plc
  • AptarGroup, Inc.
  • Berry Global, Inc.
  • URSATEC GmbH
  • Gerresheimer AG
  • Bona
  • Avantor, VWR International, LLC
  • Spectrum Laboratory Products, Inc.  (Spectrum Pharmacy Products)
  • SKS Bottle & Packaging, Inc.
  • Coster Tecnologie Speciali S.p.A

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Key Takeaways from Nasal Spray Market Study   

  • Rising at above 6% CAGR between 2021 and 2031, nasal sprays market will report consistent surge in demand
  • The market in the U.S. is projected to a fast-growing one, accounting for more than 90% share in the North America market
  • Government spending on healthcare has created a conducive environment for growth in the U.K.
  • Germany will emerge as a leading market for nasal sprays sales in Europe backed by increasing healthcare spending and presence of leading manufacturers
  • Focus on health and wellness will continue rising in Japan and South Korea, driving nasal spray sales in East Asia

Government Initiatives toward Nasal Spray Consumption

Governmental support for ongoing clinical research, consumption of Nasal Spray, and restricting misuse have favoured growth in demand for Nasal Spray. For instance, there has been a call for rise in production capacity of budesonide nasal spray which shortens COVID19 recovery time.

Since, nasal sprays are also used for depression patients, the market is likely to grow highly.

Who is Winning?

Nasal spray manufacturers with patented drugs are successfully allocating their distribution rights to local companies that are operational in the pain management business. This strategy provides momentum to the growth of these companies’ business, owing to strong demand for generic drugs.

For instance, In November 2019, Sandoz announced that it has entered into a binding agreement for the planned acquisition of the Japanese business of Aspen Global Incorporated (AGI), a wholly owned subsidiary of Aspen Pharmacare Holdings Limited.

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Nasal Spray Market by Category

Product

  • Decongestant Sprays
  • Nasal Steroid Sprays
  • Nasal Antihistamine Sprays
  • Nasal Cromolyn Sodium Sprays
  • Nasal Anticholinergic Sprays
  • Nasal Triamcinolone Sprays

Formulation

  • Aqueous
  • Hydroalcoholic
  • Nonaqueous-Based Solution
  • Suspension
  • Emulsions
  • Dry Powder/Micro particles

Packaging

  • Pressurized Canisters
  • Pump Bottles

 Distribution Channel

  • Institutional Sales
    • Hospitals
    • Community Clinics
    • Specialty Clinics
    • Public Health Agencies
    • Veterinary Hospitals & Clinics
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
    • Mail Order Pharmacy

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.

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Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A,
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Isoleucine Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2032

FMI, in its latest Isoleucine market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

The global isoleucine market holds a forecasted revenue of US$ 234 million in 2022 and is anticipated to transcend US$ 260 million by the end of 2032, moving ahead with a CAGR of 1% during the forecast period (2022-2032). In recent years, there has been an increase in the demand for nutrient-rich foods, and cereals, for example, are bereft with isoleucine. Hence, the overall demand for isoleucine is on the surge in tandem with the demand for nutrient-rich food.

The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Isoleucine market.

COVID-19 Impact Analysis on Isoleucine Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2021 and beyond.

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FMI provides a detailed chapter on the impact of Covid-19 on the global Isoleucine market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

Important Questions Answered in the Isoleucine Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Isoleucine market?
  • How is the Isoleucine market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Isoleucine market in the future?
  • What innovative strategies are adopted by Isoleucine market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Isoleucine market?
  • What are the restraints affecting the growth of the global Isoleucine market?

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Isoleucine Market: Segmentation

Detailed analysis covered in the FMI’s Isoleucine market report has been classified into key segments and sub-segments.

On the basis of the grade, the Isoleucine can be segmented as:

  • Food Grade
  • Pharmaceutical Grade
  • Cosmetic Grade
  • Others (Feed Grade, etc.)

On the basis of end-use, the Isoleucine market can be segmented as:

  • Dietary Supplement Industry
  • Food & Beverage Industry
  • Pharmaceutical Industry
  • Cosmetic and Personal Care industry
  • Others (e.g. Animal Feed Industry, etc.)

Isoleucine Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Isoleucine market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Key players profiled by FMI in Isoleucine market includes:

Merck KGaA

ADM Animal Nutrition, Inc.

Wuxi Jinghai Amino Acid Co., Ltd.

Wuhan Microsen Technology Co., Ltd

Evonik Industries AG

Ajinomoto Co., Inc.

Kyowa Hakko Bio Co., Ltd.

NutriScience Innovations LLC

Maidan Biology Group Co., Ltd

Meihua Biological Technology Group Co., Ltd

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Significant Contributions to the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets

Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.

Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis

Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

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CMO/CDMO Market Application, Trends, Growth, Opportunities and Worldwide Forecast to 2030

An increasing number of companies within the pharmaceutical sector have been considering contract manufacturing in response to the increasing demand for generic drugs and biologics. In a new study, Future Market Insights (FMI) has forecast the global contract manufacturing/ contract development and manufacturing organization (CMO/ CDMO) market to surpass US$ 18 Bn by 2020.

According to the study, contract manufacturing accounts for 3/4th of all the CMO and CDMO services. Focus towards cost management, enhanced process flow, and better scalability will drive the market over the forecast period. Besides this, the increasing demand for skin care products, which also accounts for the leading share in terms of product type, will enable the market gain impetus in the coming years.

Key Takeaways from CMO/CDMOs Market Study

  • CMO/ CDMO services has become highly sought-after in pharmaceutical and beauty industries. FMI has projected the market to report 6.2% CAGR between 2020 and 2030
  • The U.S. is expected to account for over 77% of sales in North America by 2030
  • The U.K. will represent impressive scope for expansion, exhibiting above 7% CAGR through the forecast period
  • The rising focus on healthcare and wellness spending will support growth in Germany and France
  • The availability of inexpensive labor and resources will continue supporting growth in China. However, Japan and South Korea markets are expected to register higher percentage of growth over the forecast period

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“Manufacturers operating in the market are keen on forging strategic partnerships with leading cosmetics brands and pharmaceutical companies. Collaborations are expected to remain a primary strategy adopted by market players to gain competitive edge,” says FMI analyst

In terms of the effect of COVID-19 pandemic on the demand of CMO/CDMO services, there was a negative impact on the market growth. One of the major issues was related to the supply chain gap. Prior to COVID-19, contract manufacturing was one of the most preferred sectors in the growing beauty and personal care industry. However, due to the pandemic, the industry suffered major setbacks as expected product launches were delayed. A shift was observed in consumer habits. Reduction of sales of leading products was recorded along with production slowdowns, which caused overhead to curb the profitability.

Who is Winning?

Collaboration is the key strategy amongst market players. The CMO/CDMO companies continue to focus on collaborations to gain sustainability in the market.

  • For instance, In February 2021, Lonza signed an agreement to divest its specialty ingredients business to Bain Capital and Cinven, aiming to refocus as a pure-play partner to the healthcare industry.
  • In 2021, Pierre Fabre Group hosted a pioneering custom online partnering forum, partnering with biopharmaceutical firms aiming to accelerate the digital transformation of Pierre Fabre Group
  • In 2020, In March 2020, Pierre Fabre Group, in partnership with numerous hospitals in the Occitania region of France, donated hand care creams, body cleansing gels and thermal spring water sprays and hand sanitizers necessary to combat the spread of Covid-19.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015-2030. The global CMO/CDMO market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on CMO/CDMO market on basis of service (Contract Development: Formulation development & Pilot studies, Contract Manufacturing: Bulk preparation & scale up, Safety Testing and Filling & Packaging (Close jars, Bottles, tubes, roll ons and others), on basis of product (Hair Products, Skin Products, Lip Products, Eye Products, Body hygiene and Oral hygiene), on basis of form (Solid form & powder, Lotions, Creams and Others) across seven key regions.

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CMO/CDMOs Market By

Service

  • Contract Development
    • Formulation development
    • Pilot studies
  • Contract Manufacturing
    • Bulk preparation & scale up
    • Safety Testing
    • Filling & Packaging
      • Close jars
      • Bottles
      • tubes
      • roll ons
  • Others

Product

  • Hair Products
  • Skin Products
  • Lip Products
  • Eye Products
  • Body hygiene
  • Oral hygiene

Form

  • Solid form & powder
  • Lotions
  • Creams
  • Others

Region

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

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,
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United Arab Emirates
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