Market Research Blog

Future Market Insights’ latest forecast study offers key insights on the growth of the shale gas hydraulic fracturing market in the US, Canada and China. Analyst associated with the development of this report has addressed the key concerns of journalist. The responses reveal valuable foresights on how shale gas hydraulic fracturing market in these countries will evolve during the period, 2017-2027.

What do you think is the key factor driving the market for shale gas hydraulic fracturing in the US, Canada and China?

Well, my perceptions on the market drivers indicate the importance of having number of recoverable shale gas reserves. Among these three developed economies, the US possesses maximum number of recoverable reserves which can potentially fuel its shale gas hydraulic fracturing market.

Across these countries, the dependency on conventional energy resources is remains fairly high. China will be reflecting high investments in its oil & gas sector, while Canada’s energy marketplace will showcase the adoption of advanced hydraulic fracturing technologies

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In the coming years, do you think the scope of sliding sleeve technology will improve in the market?

Not likely. Our study has observed that the adoption of sliding sleeve technology in shale gas hydraulic fracturing operations will dwindle in the coming years. Majority of shale gas companies will employ plug & perforation for their operations. Indispensable benefits of this technology will constrain the adoption of sliding sleeves in the shale gas hydraulic fracturing market.

Among the diverse applications of shale gas hydraulic fracturing, can you reveal the one that will reflect highest profitability through 2027?

In 2018 and beyond, the end-use of shale gas hydraulic fracturing in power generation applications will translate high profits for market players. Over the forecast period, more than 40% of shale gas hydraulic fracturing market value in the US will be accounted by power generation applications.

Can you identify the key stakeholders in the shale gas hydraulic fracturing market across these countries?

What’s your take on the US being a market leader?

Frequent technological innovations in shale gas hydraulic fracturing are being adhered by market players in the US. This, according to me, keeps the country ahead of China and Canada in the context of shale gas hydraulic fracturing.

Will China reflect high value growth in the near future of its shale gas hydraulic fracturing market?

High investments in exploration activities across China’s shorelines will factor a high value growth in the country’s shale gas hydraulic fracturing market through 2027.

Key Companies Profiled

• Exxon Mobil Corporation
• Royal Dutch Shell Plc.
• Keane Group
• Devon Energy Corporation
• BNK Petroleum Inc.
• Anadarko
• EQT Corporation, Statoil,
• ConocoPhillips Company
• Chevron
• Pioneer Natural Resources
• Repsol USA
• Southwestern Energy
• Cabot Oil & Gas Corporation
• Sanchez Energy Corporation.
• EOG Resources, Inc.
• China National Petroleum Corporation.

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Canada, US, and China Shale Gas Hydraulic Fracturing Market by Category

Technology:

• Plug and perforation
• Sliding sleeve

Application:

• Power generation
• Industrial
• Residential
• Commercial
• Transportation

Can you provide a few market size estimates for understanding the study’s long-term outlook?

Currently, our study estimates the shale gas hydraulic fracturing market in US to be record over 18,000 BCF in terms of volume. Among these three countries, Canada’s shale gas hydraulic fracturing market is pegged to expand at the lowest CAGR of 8.4% during 2017-2027. In the due course of this forecast period, the shale gas hydraulic fracturing market in China is pegged to grow at a staggering CAGR of 21.2% in terms of volume.

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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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According to the latest market report published by Future Market Insights titled ‘Upstream Oil & Gas Services Market: APAC Industry Analysis and Opportunity Assessment, 2016-2021’, the long-term outlook on the APAC Upstream Oil & Gas Services market remains positive which is expected to increase at a CAGR of 9.3% during the forecast period (2016-2021). The APAC Upstream Oil & Gas Services market is estimated to have been valued at around US$ 2.5 Bn in 2016.

The Upstream process involves various stages, such as searching for underwater and underground oil and gas fields, drilling of wells and subsequently operating these wells, etc. The Upstream oil & gas services segment comprises services involved in the upstream process, such as maintenance and operation of drilling equipment, sampling of fluids and decommissioning involved in various stages within upstream processes.

The APAC Upstream Oil & Gas Services market report has been analyzed on the basis of various service types, such as IRM (Inspection, Repair and Maintenance), Well Simulation, Sampling (analysis of reservoir fluid samples), Decommissioning, ROV Drill Support and SURF Support type of upstream oil & gas services. The countries considered under this APAC Upstream Oil & Gas Services market analysis are: Australia, New Zealand, Indonesia and Myanmar respectively.

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The APAC Upstream Oil & Gas Services Market is a high value –high growth market and this trend is expected to continue during the forecast period. The APAC Upstream Oil & Gas Services Market has flourished owing to increase in oil & gas exploration sites and increase in crude oil & gas production in many countries, particularly Australia, which is a prominent country and has abundant reserves of coal, crude oil and natural gas.

The country is a net exporter of natural gas and has the largest reserves of natural gas in Asia Pacific and is ranked as one of top three net exporters of hydrocarbons in the world. The country’s political and economic scenario is favourable to the growth of Upstream Oil & Gas Services Market, primarily due to regulation and liberalization of trade of oil & gas reserves to overseas markets.

Overall services accounted for 67.4% of the overall economy of Australia, while the oil & gas industry accounted for 28.9% of the economy in 2015, in which the Upstream Oil & Gas Services is said to have been a major contributor to the growth.

By Upstream oil & gas services type, the IRM Upstream Oil & Gas Services type is estimated to be a high value market owing to the significant costs associated with capital equipment, technical-know-how and skilled labour.

However, at times, the Upstream Oil & Gas services has to be outsourced to foreign countries. The SURF support type of Upstream Oil & Gas Services is however expected to emerge as a high growth segment owing to high offshore base in the region.

Industrial Valve – Market Segmentation

Service Type

• IRM
• Sampling
• Decommissioning
• ROV Drill Support
• SURF Support
• Well Stimulation

Country

• Australia
• New Zealand
• Indonesia
• Myanmar

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APAC Upstream Oil & Gas Services Market Participants

Some of the market participants identified across the value chain of the APAC Upstream Oil & Gas Services market are Chevron Corporation, BP PLC, Eni S.p.A, Origin Energy Ltd., Murphy Oil Corporation, BHP Biliton Limited, INPEX Corporation, Quadrant Energy Australia Limited, Woodside Petroleum Limited and Royal Dutch Shell PLC.

The APAC Upstream Oil & Gas Services market is a highly consolidated market consisting of tier-1 global scale Upstream Oil & Gas Service providers. For a few companies, Upstream Oil & Gas Services are taken care by regional subsidiaries in the region.

For e.g. Eni S.p.A. operates through its subsidiaries, such as Eni Adfin, Ecofuel SpA, Eni SpA Fuel Centrosud, Eni Corporate University and Eni International Resources in Indonesia and Myanmar. The Upstream Oil & Gas services companies have been focusing on greenfield projects which will offer lead to higher profit margins in addition of existing oil and gas reserves.

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The Supercapacitors Market is poised to expand at over 21.2% CAGR, surpassing US$ 1.74 Bn in 2022 and US$ 5.52 by 2028. Supercapacitors (also known as ultracapacitors), a type of capacitor, are energy-storing components which have advanced features in comparison to conventional capacitors (electrolytic and ceramic capacitors), such as high energy density, faster charging and discharging, high power density, etc. A supercapacitor is made of electrodes, covered with a layer of activated carbon for increasing its surface area, and an electrolyte which acts as the separator or the dielectric when compared to a conventional supercapacitor.

Technological advancements have led to the introduction of two more types of supercapacitors, i.e. pseudo-capacitors and hybrid capacitors. Since their inception, due to the mixed features of a Li-ion battery and a supercapacitor, a high demand for hybrid capacitors is being witnessed in the market.

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Supercapacitors have applications across various industry verticals, especially in electronics, automotive and transportation, and energy and power. In addition to this, continuous research and development is under process for further enhancing the features of the product. Owing to this, graphene-based supercapacitors have also been launched in the market, which possess higher charge holding capacity when compared to hybrid capacitors. The market has witnessed considerable traction in the past, and is further expected to witness a boom during the forecast period.

However, the high costs associated with the product and lack of awareness and resources in some countries, globally, and a higher preference for Li-ion batteries across some industry verticals are some of the major challenges that hamper the growth of the supercapacitors market.

To understand and assess the demand and opportunities in this market, the report is categorically split into four major sections, namely, market analysis – by type, by application, by vertical, and by region.

On the basis of type, the market is segmented into electrical double layer capacitors (EDLC), pseudo-capacitors, and hybrid capacitors. The EDLC segment is expected to dominate the market throughout the forecast period, and enjoy a market share of 74.9% and 67.0% in 2022 and 2028, respectively.

On the basis of application, the market is segmented into consumer electronic devices, automobiles, grid stabilization, trains, locomotive systems (cranes and elevators), aircraft, and others. Consumer electronics is expected to dominate the market in the majority duration of the forecast period. The automobiles segment is expected to overtake the consumer electronics segment in the latter half of the forecast period, owing to the high CAGR associated with it. The automobiles segment is expected to grow from US$ 199.4 Mn in 2018 to US$ 1,673.2 in 2028.

On the basis of vertical, the market is segmented into automotive and transportation, industrial, electronics, energy and power, military and defense, aerospace and aviation, and others. The automotive and transportation segment is expected to dominate the market throughout the forecast period, and enjoy a market share of 29.0% and 39.1% in 2022 and 2028, respectively.

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The section – market analysis by region, includes an in-depth country level analysis of all global regions, namely, North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China, and MEA, by product type, by printing technology, by industry, and by country; and provides market data in terms of value for 2022-2028. In 2021, the market in North America dominated the overall global supercapacitors market (given Asia Pacific is considered separately as three regions, i.e. China, Japan, and SEA and Others of APAC), while the fastest growing region in the market is China. North America is further expected to hold a majority of the market share in 2028 as well.

Key Players

The key players reported in this study on the global supercapacitors market are Maxwell Technologies, KEMET Corporation, Eaton, AVX Corporation, CAP-XX, Murata Manufacturing Co., Ltd., Nippon Chemi-Con, Ioxus Inc, Panasonic Corporation, Blue Solutions, YUNASKO, VINATech Co., Ltd., FastCAP, LS Mtron, and Tecate Group

Supercapacitors Market by Category

By Type :

• Electrical Double Layer Capacitors
• Pseudo-capacitors
• Hybrid Capacitors

By Application :

• Consumer Electronic Devices
• Automobiles
• Grid Stabilization
• Trains
• Locomotive Systems (Cranes and Elevators)
• Aircraft
• Others

By End Use :

• Automotive and Transportation
• Industrial
• Electronics
• Energy and Power
• Military and Defense
• Aerospace and Aviation
• Others

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By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa
• Japan

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The Talent Acquisition & Staffing Technology and Services Market are further projected to register a CAGR of 5.7% to top a valuation of US$ 196 Bn by 2028. With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent.

Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring companies miss out on more than 50% of qualified candidates and tech firms incorrectly classify up to 80% of candidates.

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Machine Learning to Transform the Talent Acquisition Process

In the war to hire rock star candidates, the global talent acquisition & staffing technology and services market is undergoing a sea change. However, true potential will be unlocked only when organisations focus on the power of machine intelligence wherein experts build a knowledge graph of the existing workforce and the positions required within an organisation. This data-driven knowledge graph will broaden the scope; hiring companies would no longer have to manually dig through thousands of candidate applications and can leverage intelligent recommendations through machine learning. While machine learning would automate various repetitive aspects of the recruitment process, it would also help identify top candidates from large talent pools on job boards.

Recently launched Google’s ‘Cloud Job Discovery’ that provides plug-and-play access to Google’s search and machine learning capabilities has helped more than 3,000 job seekers connect with employers on various job boards and company career sites. The Cloud Job Discovery tool encompasses the entire recruiting ecosystem and has been designed to provide an improved candidate-employer experience. Google has also launched a tool called ‘Google for Jobs’ that gives smart recommendations to job seekers and helps them find the right jobs.

Chatbots for Candidate Engagement Trending the Global Market

Automation has permeated nearly every sector, with chatbots being the latest addition to the HR toolbox. Hiring companies are now using smart algorithms to screen candidate resumes and are deploying intelligent recruitment assistants to identify top prospects; pre-screen candidates; and to facilitate effective candidate engagement.

Recruitment Marketing and Advertising Initiatives to be the Go-to Strategy for Talent Acquisition; Interactive Recruiting to Metamorphose the Overall Hiring Experience

A recent study by Future Market Insights highlights the importance of marketing and advertising in the recruitment process. The growth in the talent acquisition market has led to the evolution of many technologies that are revolutionising the recruitment landscape. To enhance the talent acquisition process and bring in more effectiveness, recruiting organisations are moving towards interactive hiring that requires extensive communication with the applicants in addition to the basic sourcing and recruitment process. A detailed report on the global talent acquisition and staffing technology and services market by Future Market Insights forecasts the market to reach a valuation of US$ 196,136.0 Mn by 2028, up from US$ 100,605.9 Mn in 2017. This translates to a CAGR of 6.25% during the 10 year period from 2018 to 2028.

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Key Segments of Talent Acquisition & Staffing Technology and Services Industry Survey

By Category:

• Marketing and Advertising
• Technologies
• Services

By Industry:

• Education
• Manufacturing
• BFSI
• Healthcare
• IT & Telecommunication
• Energy
• Retail
• Transportation
• Others

By Platform:

• Internal Referrals
• Other Internet Platforms
• Social Platforms

By Region:

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

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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 6-years.

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The Military Communications Market size is slated to reach US$ 39 Bn in 2022, to increase at a 9.7% CAGR, pushing the overall market size to US$ 68 Bn in 2028. Defense Advanced Research Projects Agency (DARPA) recently announced a new program that aims to improve military communications at a millimetre (Mm) wave, with digital phased arrays. The current millimetre wave system, which is platform-specific and inconvenient, lacks interoperability and sufficient security. To make it broadly applicable with improved security attributes, researchers are expected to face multiple technical challenges such as wideband frequency coverage, mesh networking, and precision beam pointing.

DARPA’s newly announced program is supposed to create a multi-beam to operate at 18-50 GHz for optimum security in communications among multiple military platforms. Recent findings highlight the growing interest in the broader use of the Mm wave frequency band to achieve enhanced security in communications occurring on small mobile platforms. Advances in Mm wave, multi-beam phased arrays, and other technologies such as digital radio are foreseen to drive the transformation of networked mobile platforms, which will eventually impact communication.

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Demand in Command & Control to Persist; Land Force to Register Maximum Use

Growing demand for multi-intelligence ground systems, and large-scale, high-performance data and signal processing is anticipated to drive applications of military communications in Command & Control, followed by in Intelligence, Surveillance, and Reconnaissance (ISR). In terms of end use, the adoption of military communications solutions by Land Force will remain the maximum, compared to Air Force and Naval Force. Military communications will continue to play a pivotal role in warfare, with numerous technological advancements and potential applications.

2.5X Growth Predicted for Satellite Communication Systems, Strongly Backed by Rapidly Improving Satellite Communication Infrastructure

For more than four decades, satellite systems continue to be on the leading edge of military communications. However, it is most likely that a range of cutting-edge terrestrial communication technologies such as smart phone will outweigh the capabilities of satellite communication technology in upcoming years. Researchers and technology experts are currently exploring various ways of introducing the satellite coverage technology to terrestrial communication systems used commercially.

Fixed satellite service and mobile satellite service providers can create abundant opportunities for the development of advanced military communication equipment. Furthermore, collaborations involving satellite communication service providers can potentially create a heap of new revenue generation channels for advanced and connected military communication solution providers.

The revenue through adoption of SCS (satellite communication systems) is predicted to grow 2.5X during 2018-2028.

The military is rapidly going ‘wireless’, specifically for sensor-driven security, environmental control, tactical applications, and yard management. Military wireless communication systems are often designed to operate in harsh environments, where the equipment is exposed to stringent environmental factors.

Furthermore, these systems also provide high-level security to protect sensitive data critical for national security and tactical operations. Swift development of commercial wireless communication technology has surged the interest of the military community in leveraging commercial technologies for addressing incessant communication needs.

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Military Communications Market By Category

Component:

• Systems
  • Satellite Communication Systems
  • Radar & Sonar Systems
  • Radio Systems
• Services
  • Consulting
  • Testing & Integration
  • Support & Maintenance

Applications:

• ISR
• Situational Awareness
• Command & Control

End User:

• Air Force
• Land Force
• Naval Force

Region:

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

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.

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The global oil & gas analytics market is anticipated to garner US$ 50 Billion while expanding at a CAGR of 22.6% during the forecast period. The market is estimated at US$ 5.3 Billion in 2021 and US$ 6.5 Billion in 2022. A paradigm shift toward the search for mature oil fields along with the increasing exploration of unconventional wells will boost industry growth.

Big data allows better asset management, manufacturing, operations, and worker safety. The oil and gas analytics industry has observed a noteworthy shift toward the deployment of hosted services for gathering real-time data at a lower cost and augmenting production efficiency. The Oil & Gas Analytics market is dominated by the cloud segment, accounting for nearly 55% share, owing to increasing demand for reduced cost of operations and soaring demand for resource optimization.

Prominent players are investing significantly in R&D to surge digitalization in their business, which is set to offer optimum exploration and production methods. Consequently, the production of unconventional fuels is expected to augment the global oil & gas analytics market shortly.

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Key Takeaways:

• By deployment type, the hosted segment of the Oil & Gas Analytics segment expanded at a 22% CAGR
• Based on Application, the upstream segment of Oil & Gas Analytics is estimated to record a 23% CAGR
• North America region is likely to account for the majority share of nearly 39% during the forecast period
• Europe region is estimated to gain significant traction in the market for Oil & Gas Analytics, Germany is likely to hold the majority share.

“Augmenting mining activities have compelled the major oil & gas companies to minimize their operational cost and optimize their resources, thereby the adoption rate of cloud-based services for analyzing the bulk data has witnessed a significant rise in recent years.”

Competitive Landscape

Key players in the global Oil & Gas Analytics market include Oracle, Microsoft Corporation, Tableau Software, IBM, Teradata, SAS Institute, Inc., SAP SE, TIBCO Software, Inc., Deloitte, Capgemini, Cognizant, Hitachi Ltd., Accenture, Cisco Systems, Inc., Hewlett Packard Enterprise Development LP., among others.

Recent key developments among players are:

• In Dec 2021, Deloitte agreed to acquire substantially all of the assets of BIAS, a cloud consulting firm that is a leader in the Oracle Cloud Infrastructure (OCI) market with experienced cloud professionals based in the United States and India. Founded in 2000, BIAS capabilities focus on advising, implementing, and operating services for cloud infrastructure, database, middleware, applications, analytics, and security.
• In March 2021, Tableau, the world’s leading analytics platform, introduced Business Science, a new class of AI-powered analytics that lowers the barrier to data science techniques, enabling business users and analysts to make smarter decisions faster.
• In March 2021, Hitachi, Ltd. announced to acquire GlobalLogic Inc., a leading U.S.-headquartered digital engineering services company. The acquisition is based on the definitive agreement among Hitachi Global Digital Holdings Corporation, a U.S. subsidiary, an SPC established by HGDH for the acquisition, and GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic.

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Key Segments Covered in the Oil & Gas Analytics Industry Analysis

Oil & Gas Analytics Market by Deployment Type:

• On-premise Oil & Gas Analytics
• Hosted Oil & Gas Analytics

Oil & Gas Analytics Market by Service:

• Professional Oil & Gas Analytics
• Cloud Oil & Gas Analytics
• Integrated Oil & Gas Analytics

Oil & Gas Analytics Market by Application:

• Upstream
  • Exploration and Drilling
  • Field Surveillance and Monitoring
  • Production Planning and Forecasting
  • Equipment Maintenance Management
  • Asset Performance
  • Workforce Management
• Midstream
  • Pipeline SCADA
  • Fleet
  • Storage Optimization
• Downstream
  • Commodity Trading
  • Demand Forecasting
  • Pricing
  • Refining

Oil & Gas Analytics Market by Region:

• North America Oil & Gas Analytics Market
• Latin America Oil & Gas Analytics Market
• Europe Oil & Gas Analytics Market
• Asia Pacific Oil & Gas Analytics Market
• The Middle East & Africa Oil & Gas Analytics Market

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Oil & Gas Analytics market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Deployment Type (On-premise, Hosted) Service (Professional, Cloud, Integration) Application (Upstream, Midstream, Downstream) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

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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The margarine market share is expected to witness growth at a CAGR of 4.9% and reach a valuation of USD 53.7 Billion by 2032.  Vegan margarine is sourced from vegetable oils like palm, soybean and is available in variants like low-fat, low calorie and low cholesterol as a result demand for this product is expected to rise shortly.  

As consumers adopted healthy lifestyle and decide to cut down extra calories from their daily food they are increasingly preferring low-fat spread that is way healthy than traditional butter. Such trends have boosted the plat-based products and margarine market trends as well.  

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Margarine market key players are also emphasizing packaging and labelling as consumers analyze ingredients before purchasing products. Brands that are transparent about the components in the product are expected to gain consumer preference and strengthen the margarine market key trends and opportunities in the coming days.  

Due to availability of raw material sales of margarine is getting profitable for the producers. This price benefit is passed down to consumers, as a result, a surge in demand for margarine products due to its affordability is predicted for during the forecast years.  

Asia Pacific market is expected to be a promising market for margarine market players due to rising awareness about inclusion of nutritious food products and investments in research and developmental activities by the regional players.  

Key Takeaways from Market Study  

• The margarine market is expected to increase at CAGRs of 4.7% and 5% in North America and the Europe, respectively, through 2032.
• Market share of Latin America and Oceania is 5.1% and 4.9%, respectively, in 2022.
• The European margarine market is expected to reach US$ 4.2 Billion by the year 2032.
• Growing customer preference for healthy and plant-based nourishing food products to drive the sales of margarine across global markets.
• By form, plant-based margarine is expected to hold 60% of the global margarine market share and is expected to increase at a CAGR of 4.9%.

 “Manufacturers of margarine are expected to gain significant market share as consumer behaviour shifts towards plant-based, sugar-free products that are beneficial for health, key brands are focusing on developing new flavours and product variants to stand out in the competition” says a Future Market Insights analyst.  

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Competitive Landscape  

Name of some of the margarine market major players profiled in the margarine market survey report includes Land O’ Lakes, Earth Balance, Imperial, Bluebonnet, Country Crock, I Can’t Believe It’s Not Butter, and Smart Balance Parkay among others  

Key manufacturers of margarine are majorly focusing on research & development to offer different flavours of products ranging customization is expected to contribute maximum revenue generation through sale of margarine.   

Change Foods revealed two strategic contracts: one with Upfield, the plant-based butter company that owns Violife, and the other with Sigma, the international yoghurt and Cheese Company. These collaborations are expected to help speed up product development and expand animal-free cheese manufacturing and distribution capabilities.   

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

Margarine Market by Category 

By Source, Margarine Market is Segmented as: 

• Animal -Based 

• Plant-Based 

By Form, Margarine Market is Segmented as: 

• Sticks 
• Liquid 
• Tubs 

• Cubes 

By Sales Channel, Margarine Market is Segmented as: 

• Offline Sales Channel 
• Supermarkets/Hypermarkets 
• Departmental Stores 

• Convenience Store 
• Other Sales Channel 
• Online Sales Channel 
• Company Website 
• E-commerce Platform 

By Region, Margarine Market is Segmented as: 

• North America 
• Latin America 
• Europe 
• East Asia 

• South Asia 
• Oceania 
• MEA 

 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 fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to 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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According to the recent FMI report, the market size for Industrial Food Slicers is anticipated to cross a value of USD 780 Mn in 2032, growing at a CAGR of 8% approximately between 2022 and 2032.  

One of the important factors driving the growth of the industrial food slicers market is the growing desire for automated industrial food slicers. The automated slicer machine is widely utilised in a variety of end-user applications because it reduces downtime and improves product presentation by cutting quicker. For example, a leading vendor offers the ECD-702, an automated industrial food slicer that uses a digital food cutter to slice a variety of vegetables into various shapes. The market’s expansion is being fuelled by recent technological advancements and modernizations. 

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The Industrial Food Slicers Market is one of the markets that have gained during the COVID-19 pandemic significantly. Growing concerns about food safety are causing customers to turn to processed foods, which is fuelling this segment’s rise. Vendor profit margins will continue to be squeezed by intense competition, price challenges, and altering customer preferences are some of the challenges which Industrial Food Slicers have to face. 

Key Takeaways from the Industrial Food Slicers Market Study: 

• The Industrial Food Slicers industry is contemplating measures to increase market share by emphasizing their unique selling propositions, producing appealing product packaging, offering a varied product portfolio, and presenting items on internet channels. 
• During 2017, the fruits and vegetables category held the largest proportion of the market.  
• Fruit & Vegetable contribute to the significant expansion of the food slicer market throughout the projected period due to increased knowledge about the numerous health advantages. 

• The use of industrial food slicers in a variety of end-user sectors, such as supermarkets, restaurants, and hotels, is propelling the market forward. The industrial food slicer manufacturers market would be driven by increased demand for convenience meals among a vast population base across different geographies due to increasing working women and families, as well as technology advances, during the projected period. 

Who is winning? 

Market leaders in the worldwide market for Industrial Food Slicers Market are Grote company, Hobart, Berkel, Vollrath, Bizerba, KWS, Nemco Food Equipment Ltd., Bestwood, Estell, Doyon Equipment. 

The industrial food slicers market is being propelled by the widespread use of these equipment in commercial kitchens and restaurants at home. Furthermore, rising disposable income has prompted customers to adopt healthier eating habits, which has affected product mix selections at many firms, resulting in increasing adoption rates of these items throughout the world. 

Due to increased demand from countries such as the United States and Canada, North America is likely to be the leading market for industrial food slicers throughout the forecast period. 

Get Valuable Insights into Industrial Food Slicers Market  

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

Industrial Food Slicers Market by Category- 

By Product: 

• Horizontal Slicers 
• Vertical Slicers 
• Centrifugal Slicers 
• Others 

By Application : 

• Meat & Poultry 
• Fruit & Vegetables 
• Potatoes 
• Bread 

• Cheese 
• Fish & Seafood 
• Others 

By Type : 

• U-Shaped Horizontal Trough 

• Ribbon Agitator 

By Region : 

• North America 
• Latin America 
• Europe 

• East Asia 
• South Asia 
• Oceania 
• MEA 

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About the Food & Beverage Division at Future Market Insights 

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help. 

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About FMI

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The hibiscus flower powder market is expected to surge at a CAGR of 2.3% to reach a valuation of US$ 120 Million during 2022-2032

Hibiscus flowers are obtained from a flowering plant that is natively grown in the tropical, sub-tropical, and temperate regions of the world. Some species of hibiscus flowers are also known to grow in freezing environments. In countries such as Malaysia, South Korea, and India, hibiscus flowers find great value because of the medicinal properties of hibiscus flower powder. Various beneficial properties offered by hibiscus flower powder make it useful in different applications covering a wide range of industries.

Majorly used as a tea ingredient, hibiscus flower powder also finds application in the dyeing industry, pharmaceutical industry, and cosmetic industry. Hibiscus flower powder is available tea bags and as bulk hibiscus flower powder. Some companies also offer hibiscus flower powder in capsules and extract forms. The market for hibiscus flower powder is growing, and this growth is aided by the rising awareness of the various medicinal benefits offered by hibiscus flower powder.

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Hibiscus Flower Powder Gaining Wide Popularity in the Floral Flavor Market

Hibiscus flower powder acts as a very good option as a floral flavor in the food and beverage industry. Hibiscus flower powder is being widely used to make refreshing drinks, syrups, traditional medicines, hibiscus jellies, jams, and hibiscus flower powder flavored fruit pastes. Increasing awareness regarding hibiscus flower powder is driving the growth of hibiscus flower market regionally as well as globally. Also, the natural and organic processing and production of hibiscus flower powder can attract a larger consumer base by covering all the health conscious and organic product preferring consumers, among others as well.

Hibiscus Flower Powder Market: Participants

Examples of some of the market participants in the global hibiscus flower powder market identified are Bio Organic, Herbeno Herbals, The Republic of Tea, Traditional Medicinals, bio Actives, Wild Hibiscus Flower Co., Rena Beverage Solutions, and Fortune Health Care, besides many others.

Hibiscus Flower Powder Market: Key Developments

The hibiscus flower powder market is expanding globally through the cooperative contributions by farmers, exporters, manufacturers, and many others in the supply chain. The main restraint in the global production of hibiscus flower powder is the availability of raw material. Research and development for the improvement in hibiscus cultivation can help drive the hibiscus flower market positively.

The Karkadeh Project of Practical Action that was supported by the British charity called Comic Relief is one such project that aimed at targeting and then overcoming the main problems faced by producers involved in the production of hibiscus flower. They came up with results in technology improvements, seed improvements, and improved marketing to help boost the hibiscus flower powder market.

Opportunities for Hibiscus Flower Powder Market Participants

Hibiscus flower powder is easy available in regions such as Nigeria. In Nigeria, hibiscus flower powder can be obtained nearly throughout the year. Therefore, manufacturers can find great opportunities to invest in Nigeria, and set up production and manufacturing plants in this country to increase their share in the hibiscus flower powder market, and can also export the obtained hibiscus flower powder to other regions of the world, which would help the hibiscus flower powder market grow, globally.

Tea made from hibiscus flower powder is caffeine-free. This offers another opportunity for the hibiscus flower powder market to grow, due to its aromatic, flavorful, and caffeine-free drink application in the beverage segment of the global food and beverage industry.

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Brief Approach to Research

The research report presents a comprehensive assessment of the hibiscus flower powder market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, end product, end-use industry, packing, nature of production, and sales channel in the hibiscus flower powder market.

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

Key Segments Covered in the Hibiscus Flower Powder Market Report

End Use Industry:

• Hibiscus Flower Powder for Food & Beverage
• Hibiscus Flower Powder for Pharmaceuticals
• Hibiscus Flower Powder for Cosmetics
• Hibiscus Flower Powder for Skincare
• Hibiscus Flower Powder for Other End Use Industries

End Product:

• Powdered Hibiscus Flower
• Hibiscus Flower Tea Bags

Packing:

• Hibiscus Flower Powder Packets
• Hibiscus Flower Powder Bags
• Hibiscus Flower Powder Cardboard Boxes

Nature of Production:

• Conventional Hibiscus Flower Powder
• Organic Hibiscus Flower Powder

Sales Channel:

• Direct Sales of Hibiscus Flower Powder
• Indirect Sales of Hibiscus Flower Powder
• Specialty Stores
• Drug Stores
• Online Retailers
• Others

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Frequently Asked Questions

• What is the anticipated growth of the Hibiscus Flower Powder market until 2032?
• Which region is forecast to be the most lucrative for hibiscus flower powder market growth?
• Which are some prominent hibiscus flower powder manufacturers?

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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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Moringa Tea demand is anticipated to be valued at US$ 7.74 Billion in 2022, forecast to grow at a CAGR of 9.96% to be valued at US$ 20 Billion from 2022 to 2032. The report covers various factors affecting the Moringa Tea market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant infographics. The report adopts an analytical approach to help our clients get better understanding about the market.

FMI, in its latest Moringa Tea 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 report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Moringa Tea market.

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COVID-19 Impact Analysis on Moringa Tea 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.

FMI provides a detailed chapter on the impact of Covid-19 on the global Moringa Tea 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.

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Important Questions Answered in the Moringa Tea Market Report

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

Key Segments Profiled in the Moringa Tea Industry Survey

Nature:

• Organic
• Conventional

Formulation:

• Original
• Flavored

Packing Type:

• Boxes
• Bags
• Loose
• Gift Packing

Type:

• Crushed Leaves
• Tea Infusion Bags

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Japan
• APEJ
• Middle East & Africa

Moringa Tea Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Moringa Tea 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 Moringa Tea market includes:

Examples of some of the market participants in the global moringa tea market identified are Kuli Kuli, Grener, Rootalive, Rainforest Herbs, Ayuritz Phytonutrients Pvt. Ltd., and others.

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Frequently Asked Questions

• What is the anticipated growth of the Moringa Tea market until 2032?
• Which region is forecast to be te most lucrative for Moringa Tea market growth?
• Which are some prominent Moringa Tea manufacturers?

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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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