Retail Clinics Market Analysis, Key Indicators, Forecast and COVID 19 Impact Analysis 2028

According to the latest research by Future Market Insights (FMI), the global retail clinics market value will exceed US$ 8 billion towards the end of 2028, reflecting a robust CAGR of more than 9.6% during 2022-2028. The revenue generated from the collective demand for retail clinics for point-of-care diagnostics and vaccination accounts for a whopping market value share of nearly 75%, according to FMI’s analysis.

Increasing acceptance of the retail clinics concept, rising awareness about cost related advantages, and improving government support for walk-in clinics will collectively supplement the growth of retail clinics market over the course of coming years. The report opines that the role of governments will be vital in popularization of retail clinics, particularly in developing regional markets.

Convenience & Cost Benefit Collectively Pushing Prospects of Retail Clinics

Retail clinics follow a holistic care approach. In addition, their partnership with various Telehealth vendors such as Teladoc and Doctor on Demand enable healthcare delivery and services at any given place and time. For Instance, an E-commerce channel is being implemented by the US-based CVS Health, one of the leaders in the MinuteClinic chain of retail clinics.

The growing demand for healthcare at relatively lesser service costs will continue to favor the growth of retail clinics market during the forecast period. A lot of major healthcare payers are considering and including retail clinics in their healthcare provider networks, motivating enrolees to opt for these clinics for convenience and quality of care.

Developed regions, the key areas for retail clinics market, account for over 80% of the global revenue. The report envisages significant growth potential in emerging East Asian economies for the retail clinics market, over the projection period.

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Retail clinics have been attracting a wide consumer base across the US and the number is actively growing in other key markets such as Europe and China. However, the outreach of retail clinics continues to face challenges due to poor monitoring of penetration into several developing as well as underdeveloped regions. While retail clinics have gained attention since the past few years and are expanding their offerings prudently at a rapid pace, the report highlights that this prompts at an increased need for regulation checks over the coming years.

Retail clinics are positioning themselves to play a crucial role in the delivery of primary care services, worldwide. This trend in the retail clinics market is expected to increase predominantly in developing regions. The potential opportunities will also create long-term challenges facing retailers, clinical laboratories, healthcare policy makers, and pathologists, as suggested by the report.

Key Players Keen on Investing Efforts in Customer Adherence

Patients face difficulties with respect to filing specialty prescriptions, which further affects their will for adherence. CVS Health also piloted a Specialty Connect Program to overcome hindrances in adherence. This program is claimed to enable patients to drop their prescriptions at any given CVS Health store and pick up their medicines once ready. The program has also initiated the delivery of these medicines at their houses or any clinician’s office.

Key Segments Of Retail Clinics Industry Survey

Retail Clinics Market by Application:

  • Retail Clinics for Point-of-Care Diagnostics
  • Retail Clinics for Clinical Chemistry & Immunoassays
  • Retail Clinics for Vaccinations
  • Others

Retail Clinics Market by Distribution Channel:

  • Retail Clinics in Retail Pharmacy Settings
  • Retail Clinics in Drug Stores
  • Retail Clinics in Grocery Chains & Big Box Stores

Retail Clinics Market by Ownership Type:

  • Hospital-owned Retail Clinics
  • Retail-owned Retail Clinics

Retail Clinics Market by Region:

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

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Table of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. Market Trends

1.4. FMI Analysis and Recommendations

  1. Market Introduction

2.1. Market Introduction

2.2. Market Definition

2.3. Market Taxonomy

  1. Key Market Trends

3.1. Supply Side Market Trends

3.2. Demand Side Market Trends

  1. Retail Clinics Market Analysis

4.1. Opportunity Analysis

4.2. Macro-Economic Factors

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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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Ibuprofen API Market Size, Top Leading Manufacturers with Share 2029

The global Ibuprofen API Market surpassed US$ 626.2 Mn in 2022 and is anticipated to increase at a CAGR of 3% to reach US$ 772.2 Mn by 2029. as per the findings of a new Future Market Insights (FMI) study. The primary factors for the growth of the Ibuprofen API market include continuous demand for low-cost non-steroidal anti-inflammatory drugs (NSAID) and the scale and age of manufacturing facilities.

Increasing API drug shortages and assembling a task force to overcome these problems, the emergence of cost-effective drug manufacturers in various countries and the supply of API drugs, primarily in developing countries, are further driving ibuprofen API market growth.

The pharmaceutical API industry is witnessing a substantial crunch in supply and demand of Ibuprofen API, halted production from major ibuprofen API manufacturers, and supply chain disruption in China further led by declining sales in India.

The volatility in Ibuprofen API is due to factors such as a lower number of competitors, reduced utilization ratio, lower margin level, new higher-value opportunities in complex combinations and high-grade API, the pace of facility inspection by FDA, and ramping up production capacity of through mergers and consolidation.

The diverse range of diseases, primarily cardiovascular disease, infectious diseases, diabetes, and kidney-related complications, has a high prevalence, globally. Thus, the increasing prevalence of a diverse range of diseases among all age groups and its burden, globally, drives the demand for drug development and its market.

There has been an upsurge in the usage of advanced technologies, such as high throughput, bioinformatics and combinatorial chemistry for better drug candidate identification. Drug discovery has evolved significantly with emerging technologies, helping the process to become more refined, accurate, and less time-consuming. Due to automation, multi-detector readers, imaging hardware and software, high-throughput screening is one of the most widely used drug discovery technologies.

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Leading Companies Profiled in Ibuprofen API Market are

  • BASF SE
  • BIOCAUSE Inc.
  • IOL Chemicals and Pharmaceuticals Limited
  • SI Group, Inc.
  • Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd.
  • Solara Active Pharma Sciences Limited
  • Granules India Limited

FMI Analyses the COVID-19 Impact on Market

FMI’s analysis suggests that the ongoing COVID-19 pandemic is having adverse impacts on market growth. Wuhan, China is the hub of API supplies. The region is the epicentre of the coronavirus outbreak, as such, it has temporarily halted its manufacturing facilities.

Further, China is the prominent or the sole supplier of APIs including, penicillin and erythromycin, in the world. Manufacturers and distributors in the country are blaming logistical barriers and labour scarcity due to the COVID-19 pandemic for the delay in production and transportation.

Key Takeaways of Ibuprofen API Market Study

  • Greater focus on relieving the pressure on the supply chain due to the demand gap is being tackled by ramping up production capacity, up-scaling is the fundamental strategy outlined for meeting demand in the Ibuprofen API space.
  • Majority of the anti-inflammatory drugs are manufactured in Asia, especially in China and India. Approximately 80% of the total anti-inflammatory APIs are manufactured in India and China and most of the APIs manufactured in these countries are outsourced to other developed regions – North America and Europe.
  • High upfront cost and lower margin level in Ibuprofen API have resulted in a 20-30% price spike in final drug formulations and lower sales in the previous year.
  • The market for Ibuprofen API is consolidated in nature, with leading manufacturers holding around 90% of the market value as 90%. Hence, the growing interest of CMOs and large-scale API manufacturers is anticipated to boost the value creation of the ibuprofen API market.
  • Higher volume handling by Contract Manufacturing Organizations in comparison to pharmaceutical companies and amid higher production capabilities and price advantage over pharmaceutical companies are expected to generate significant revenue pockets.
  • Expanding patient pool consuming non-controlled drugs as OTC are also responsible for the growth of in-house ibuprofen API consumption in South and East Asia.

Lower labour cost and abundant availability of raw materials required for ibuprofen API are among the key factors fuelling the growth of the ibuprofen API market in South Asia. In addition, favourable regulatory support to establish ibuprofen API manufacturing businesses, and lower taxation policies are boosting the growth of the East and South Asia ibuprofen API market.

Capacity Expansion, and Strategic Mergers & Acquisitions to Widen Regional Presence

Leading players in the ibuprofen API market – SI Group, Inc., BASF SE, Hubei Biocause Pharmaceutical Co., Ltd. (BIOCAUSE Inc.), IOL Chemicals, Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd., and Solara Active Pharma Sciences Limited – are focusing on business expansions by mergers, joint ventures, distribution agreements and capturing the untapped potential of the Ibuprofen API market.

  • In 2018, IOL Chemicals, the largest Indian Ibuprofen API manufacturer, expanded its production capacity to 12000 MT from the previous capacity of 7500 MT. With the increased capacity, IOL Chemicals is filling the demand-supply gap that is rising due to stringent regulatory reform in China. This move can further benefit the Indian manufacturers looking to strengthen their foothold in the Ibuprofen API market.
  • The acquisition by Solara Active Pharma Sciences Limited in 2018 of the Ibuprofen API assets of Strides and Sequent enabled the company to capture the portfolio of niche segments of the Ibuprofen API market.
  • The joint venture between Granules India Ltd (GIL) and Hubei Biocause Heilen Pharmaceutical Co. Ltd. have a production facility in Jingmen, China. In a recent discussion, Granules India Ltd (GIL) is planning to part out of the joint venture.

Additionally, current acquisitions are focused on capacity expansion, and manufacturing capabilities of existing Ibuprofen API players to gain competitiveness and accelerate revenue growth in the market landscape.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Trends

1.3. Technology Roadmap

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

3.3. Strategic Promotional Strategies, By Key Manufacturers

  1. Market Context

4.1. Product USPs/ Features

4.2. Region wise Consumption

4.3. Regulatory Scenario

  1. Global Ibuprofen API Market Volume (TPA) Analysis 2014-2021 and Forecast, 2022-2029

5.1. Historical Market Volume (TPA) Analysis, 2014-2021

5.2. Current and Future Market Volume (TPA) Projections, 2022-2029

5.2.1. Y-o-Y Growth Trend Analysis

5.2.2. Opportunity Analysis, 2022-2029

About Us    

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

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Mobile Encryption Market Development Status, Competition Analysis, Type and Application 2031

The mobile encryption market is expected to reach US$ 8.5 Bn by 2031, at a significant growth rate of 25% during the forecast period 2021-2031. Growing concerns regarding data security and privacy issues, and the need for stringent compliance and regulatory requirements, is expected to propel demand from for mobile encryption, over the coming years.

Proliferation of smartphones and tablets across enterprises, increased usage of mobile technology, and rising availability of cost-effective mobile encryption solution along with technological advancements, are factors fueling the solution demand.

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What is Driving Demand for Mobile Encryption?

Growth in developments of cloud-based storage across various enterprises to protect valuable electronic data, including personal contacts, credit card numbers, and bank passwords, are such major factors fueling demand for mobile encryption solution across regions. Significant growth in the mobile encryption is expected to lead to greater opportunities for the integration of mobile devices to enhance cloud security solutions.

Growth in digitalization and growing usage of internet, along with rising BYOD trend are some of the major factors fueling demand for mobile encryption among enterprises. The increasing mobile encryption used in aerospace and defense application to enhance the system security is creating new growth opportunities for sales of the mobile encryption solutions.

Thus, to prevent, detect, securing, and responding to crime-prevention activities and managing traffic, an increase in the adoption of mobile encryption solutions has been witnessed by end-users of different verticals across the globe.

What is the impact of COVID-19 Pandemic Outbreak on Sales of Mobile Encryption?

The COVID-19 pandemic outbreak has disrupted many industries, including the mobile encryption market. As the stage of COVID-19 evolves across the world, technological developments have taken initiatives to stop the spread of COVID-19 disease.

Further, lockdown and restrictions have augmented the usage of mobile technology quite higher than usual. The mobile encryption solution sales is estimated to grow by 1.8X from 2020-2021 and would see a surge in demand amid the COVID-19 outbreak, as the growing need for interoperability between security devices becomes the new norm.

US and Canada Mobile Encryption Market Outlook

US is one of the largest markets for mobile encryption globally. Demand for mobile encryption in US and Canada will be led by IT and telecom sector. Furthermore, the growing trend of mobile shopping, e-banking and online retailing is accelerating the demand for mobiles across the North America, which is, in turn, fueling the growth of the mobile encryption.

Moreover, growing emphasis on regulating the U.S. government regarding data integrity and protection is also estimated to drive the mobile encryption solutions in the U.S.  The mobile encryption solution providers are focused on R&D and product innovation to introduce innovative security solutions to expand their customer base.

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Europe Demand Outlook for Mobile Encryption

The adoption of mobile communication technology is expected to rise significantly across in small and medium size businesses in countries across Europe. Moreover, mobile encryption solution offered in the European market are integrated with AI and cloud computing technology, enabling organizations get actionable insights and thereby focus on reducing organizational BYOD risks.

Some of the key players such as Adeya SA, Sophos Ltd., T-Systems International GmbH, and among others are focused on securing and offering advanced solutions has the potential to enhance customer experience through speed and convenience in European countries. Europe is identified as the second-leading market in mobile encryption, a position it is likely to hold on to, throughout the forecast period.

Who are the Key Providers of Mobile Encryption?

Some of the leading providers of mobile encryption include

  • Adeya SA
  • Becrypt, Ltd.
  • CSG, Inc.
  • Dell Technologies, Inc.
  • DataMotion, Inc.
  • Hewlett Packard Enterprise
  • IBM Corporation
  • Huawei Technologies Co. Ltd.

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Key Segments of Mobile Encryption Market

By Component:

  • Mobile Encryption Solution
  • Services

By Enterprises Size:

  • Small and Medium Enterprises (SMEs)
  • Large enterprises

By End-use Industry:

  • Banking, Financial Services, and Insurance (BFSI)
  • Aerospace & Defense
  • Healthcare
  • IT and Telecommunications
  • Retail
  • Others

By Region:

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

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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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Anime Market is Anticipated to Reach US$ 52,996.6 Million by 2032 – Future Market Insights, Inc.

The global anime market is expected to be worth US$ 25,624 million in 2022 and US$ 52,996.6 million by 2032, with a 7.5 percent CAGR from 2022 to 2032.

Increasing OTT platform preference for viewing entertainment content is expected to be a key driver driving demand for anime content throughout the forecast period. The increasing number of anime production companies and film artists also adds to the expansion of the anime market share.

Recent trends in the anime market that are driving the sales of anime content include advancements in computer animation techniques. Anime creators have reduced production costs by utilising developing technologies. The number of production businesses active in the global anime market has increased dramatically, creating numerous market growth opportunities.

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The increasing propensity of millennials to watch anime content, as well as the rise in disposable incomes in emerging economies, have created opportunities for growth in the anime market.

As a result of the rapid expansion of distribution channels such as Crunchyroll, Daisuki, Netflix, and Amazon, among others, the anime market has gained a stunning number of new consumers. The availability of live entertainment and internet streaming of such content has resulted in a surge in popularity of anime.

Furthermore, the increasing usage of cutting-edge technologies such as blockchain and Artificial Intelligence (AI) in anime games to improve the overall gaming experience bodes well for the expansion of the anime market size.

Anime entertainment is becoming increasingly popular all around the world. Some of the most popular anime series are Naruto, One Piece, Hunter X Hunter, and Dragon Ball Z. Anime comics, also known as manga, are growing in popularity among anime fans all around the world.

Key Takeaways from Market Study

  • Between 2022 and 2032, the live entertainment segment is predicted to lead the anime market with a share of 8,366.3 Mn and rise at a CAGR of 9%.
  • Furthermore, merchandising accounted for more than 29 percent of worldwide revenue in 2021 and is likely to expand in the anime industry throughout the forecast period.
  • The online distribution category is likely to grow at the fastest CAGR throughout the forecast period. Rising sales of anime material via application games and internet streaming platforms, particularly in overseas markets, are expected to fuel segment growth.
  • In 2021, Japan has the largest market share of more than 43.0 percent and is expected to maintain its dominance throughout the projected period. Japan is renowned as a hotspot for animation studios. In Japan, there are roughly 622 animation studios, with over 542 in Tokyo alone.
  • The Middle East and Africa (MEA) regional market is predicted to grow at a CAGR of 9.4% from 2022 to 2032, owing to the region’s growing fan base for anime content.

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“The rising popularity of anime content is expected to propel the anime market forward over the forecast period. The development of anime games, as well as the growing demand for online anime content distribution, which accounts for a significant portion of anime sales, are expected to drive anime market growth.”- Future Market Insights Analyst.

Competitive Landscape

The presence of multiple players in the anime market makes it more competitive. The number of item distributors and manufacturers in the anime sector has grown dramatically in recent years. As merchandising and licensing items became more competitive, the value chain in the global anime market expanded.

The growing number of creative content owners licensing their anime productions and gaming characters to a small number of distributors and manufacturers is driving up revenue in the merchandising and licensing market.

The following companies are among the major players in the global anime market: Production I.G, Inc., Madhouse Inc., Kyoto Animation Co., Ltd., Toei Animation Co., Ltd., and Bones Inc.

Recent Developments in Anime Market:

  • Netflix partnered with six Japanese anime developers, including Shin Kibayashi, Otsuichi, Mari Yamazaki, CLAMP, Yasuo Ohtagaki, and Tow Ubukata, to deliver original anime content in February 2020.
  • Masterpiece Studio, a developer of 3-dimensional creative and animation software platforms, has announced the release of a free edition of Masterpiece Studio Pro in November 2021. The advanced platform would offer artists and independent producers a full VR creative suite for deploying 3-dimensional products and characters for animations, games, and metaverse.
  • In March 2022, Kinetix, a deep technology firm, partnered with Adobe, the pioneer of 3D Animation, to make 3D Animation Aided by Artificial Intelligence (AI) broadly available to creators.

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Key Segments

By Application:

  • T.V.
  • Movie
  • Video
  • Internet Distribution
  • Merchandising
  • Music
  • Pachinko
  • Live Entertainment

By Region:

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

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About Us

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

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Human Milk Oligosaccharides Market Report Perspective with Study of Leading Players 2027

Future Market Insights’ latest report reveals that the global human milk oligosaccharides market is set to surpass a valuation of US$ 76 Mn, registering a CAGR of 14.6% between 2017 and 2027.  This growth will be primarily orchestrated by the increasing application of HMO in infant nutrition products.

Human milk oligosaccharides (HMO) helps in maintaining infant’s gut microbiota as well as promotes the growth of healthy bacteria and reduce pathogens, preventing infections and others bacterial risks. In recent past, sales of infant nutrition products have increased to a significant extent owing to the continuously rising infant population across the globe. According to WHO, the total world population is estimated to increase by approximately one billion in the next 10 years and will reach 9.5 billion by 2050. Incidentally, demand has been relatively higher to the supply of infant nutrition products. Meanwhile, sales of infant formula are also surging in some of the Asian countries such as China and India, promoting the consumption of HMO alike.

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In 2017 and beyond, the human milk oligosaccharides market in Europe is anticipated to witness significant revenue growth. Towards the end of 2027, Europe is anticipated to account for over 49% value share of the global market. Manufacturers in Europe are filing claims for regulatory approvals and product safety certifications in order to use HMO for preparing infant formulas. In North America, the HMO market is currently valued at over US$ 6 Mn and holds the second spot in terms of market size after Europe.

FMI’s report, titled “Human Milk Oligosaccharides Market Global Industry Analysis and Opportunity Assessment, 2017 – 2027” also cites that demand for HMO is gaining traction due to a positive perception of its prebiotic properties that help maintain a healthy immune system in infants. In addition, manufacturers are focusing on increasing their production capacities in order to enhance production of HMOs such as 2’-FL (2-fucosyllactose) that can be potentially used as an ingredient in functional food and beverages. zuChem Inc., Glycosyn LLC, Elicityl SA, Jennewein Biotechnologie GmbH, Glycom A/S, Dextra Laboratories Limited, Carbosynth Limited, Inbiose NV, ProZyme, Inc. are the leading companies operating in the global human milk oligosaccharides market.

Key Excerpts of the Report Include:

  • Among product type, fucosyllactose HMO currently accounts for the largest value share of the market followed by sialyllactose HMO. However, the latter is expected to register a faster growth rate in terms of the market value over the forecast period.
  • By 2017-end, US$ 5.5 Mn worth sialyllactose HMO is expected to be consumed globally.
  • Increasing demand for functional food and beverage products is projected to further facilitate the growth of global human milk oligosaccharides market over the next couple of years.

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Market Segmentation

By Product Type

  • Fucosyllactose
  • LNT & LNnT
  • Sialyllactose

By Region

  • North America
  • Europe
  • Asia Pacific

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

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Floral Flavour Market Insights, Deep Analysis of Key Vendor in 2027

Surpassing global market revenues of US$ 850 Mn in 2019, sales of floral flavours will see momentous growth over the course of following years. During 2019 – 2027, global floral flavour market is poised for a CAGR of over 7%, as projected by a new Future Market Insights (FMI) study.

The floral flavour market is anticipated to grow at a moderate pace during the forecast period. As per the data found by our analysts, the increasing proclivity of consumers towards purchasing clean-label goods is likely to lead to an uptick in the demand for the naturally-sourced ingredients that floral flavours are.

Consumers are showing an aversion towards artificial flavourings while resonating with colour-enhancing and flavour-inducing natural and organic floral flavour. As a result, the demand for these flavours is likely to grow during the forecast period. Owing to this demand, the focus of manufacturers is on the development of floral products that are free from chemicals as well as artificial flavourings.

Consumers are showing interest in unconventional and authentic flavours in their food and beverage products offering unique mouthfeel. The number of products containing floral flavours has increased multifold from 2015-2018, as they account for a sensorial effect and deliver novel and interesting taste experiences to consumers.

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Key Takeaways – Floral Flavour Market Study

  • Consumers seek products that have their roots in a pre-industrialized food system that is centered around whole, natural, and unrefined ingredients. Floral flavours match the growing consumer’s interests in authenticity of their products. Thus, floral flavours are witnessing a surge in demand.
  • In 2019, Firmenich SA, a privately-owned flavour and fragrance company, declared hibiscus as the Flavour of the Year, based on the increasing appeal of usage of hibiscus in food and drinks. Hibiscus is gaining traction in the flora flavour industry due to its appealing attributes, like the pleasant aroma coupled with a touch of tangy profile.
  • Besides, the hibiscus-based floral flavour is gaining popularity in applications such as beer, yogurt, chocolates, and tea, especially in the United States, Mexico, Brazil, and Denmark, with growth also taking place in Italy and Spain.
  • Beverages sector contributes more than half of the total floral flavour market share. Floral flavours are appearing in revitalizing, healthy product launches. Lavender, rose, jasmine, elderflower, and hibiscus flavours are witnessing significant demand, predominantly for use in soft drinks.
  • Frequent new launches in the alcoholic beverages category are progressively featuring floral flavours to gain greater consumer traction and achieve marketing differentiation.
  • Europe and North America will be significant in the global floral flavours market over the forecast period. The demand for floral flavours has especially impacted the European flavour industry.

Consumers are increasingly looking for healthier, authentic, and natural-tasting infused beverages, fusion drinks, and floral-infused RTD coffee. Thus, new entrants seeking to establish their position in the floral flavours market must focus their efforts on the beverage industry.

Botanicals Trending Floral Flavour Space

New floral flavours are emerging to witness increasing demand from the food and beverage industry. With an increasing assortment of floral flavoured mixers and edible flowers, food and beverage manufacturers are experimenting with amalgamation of floral flavours to eventually create unique recipes. The increase witnessed in manufacturers’ investments into floral flavours is indicative of the fact that the botanical flavour trend is here to stay in the long run.

Europe Remains Important Market for Investors

European markets are rapidly witnessing new product launches featuring infused floral flavours in vast products ranging from chocolates, snacks, yogurts, beverages, and many more. In the United Kingdom, Rowntree released fruit and flower-infused pastilles, whereas, in Germany, Alpro launched orange blossom-flavoured apricot soy yogurt. Fermè, an Italian fruit supplier company, launched vegan cheese with fermented cashews preparation, infused with flowers and herbs in the U.K.

Manufacturers Augmenting R&D Investments to Develop Application-specific Flavours

Key players operating in the flavour industry are investing more in research and development activities to upscale their floral flavour production capacity and to provide consumers with unique blends of floral flavours. Flavour manufacturers are strengthening their partnership with end-user industries to meet the growing demand for innovation in food and drink offerings.

  • In April 2016, Givaudan S.A., a leading flavour manufacturing company in Switzerland invested US$ 126Mn to open an innovation center in Switzerland.
  • In July 2016, Takasago International Corporation invested towards a new development center for flavours and fragrances in Mexico, to enhance its product portfolio and presence in Latin America.

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Know More About What the Report Covers

Future Market Insights, in its new offering, provides an unbiased analysis of the global floral flavours market, presenting historical demand data (2016-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the floral flavours market based on the raw material (hibiscus, lavender, neroli/orange flower, rose, elderflower, jasmine, cherry blossom, chamomile, and violette), end-use (food- dairy, bakery, confectionaries, snacks, fats and oils, and beverages- alcoholic beverages and non-alcoholic beverages), and product type (natural, organic, and artificial) across seven major regions.

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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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Asparagus Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2027

Key excerpts from Future Market Insights’ latest report on the global asparagus market project that by the end of 2027, around 10,300,521.7 metric tonnes (MT) of asparagus will be consumed across the globe. The sales of 10 million MT of asparagus are estimated to bring in revenues worth over US$ 37 Bn. Rising awareness among consumers regarding benefits of consuming asparagus is expected to instrument the growth in global consumption. By helping consumers boost their immunity, enhance brain function, and at certain extent, fight cancer, asparagus will continue to be an essential vegetable rich in nutrients.

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Asparagus is actively sought by major companies as a key ingredient in soups on account of its nutritive properties and palatable taste. Asparagus is widely predicted to become the primary choice in the soup manufacturing industry as many companies already make soup with asparagus and this is only expected to grow in the future.

In terms of production, China is expected to remain the world’s largest asparagus producer throughout the forecast period, 2017-2027. In 2014, China recorded production of half a million metric tonnes of asparagus. China’s contribution to the asparagus market in Asia-Pacific will remain significant. However, brimming demand for asparagus makes Western Europe the largest market, procuring over 40% share of global revenues. North America is also expected to be at the forefront of expansion of the global asparagus market, recording consumption of nearly 2 million MT of asparagus by 2016-end.

Key Segments Covered

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan

By Type

  • Fresh
  • Canned
  • Frozen

By Colour

  • White
  • Green

In spite of ample production and growing awareness regarding benefits of asparagus, the market is poised to grow at a moderate place. In terms of volume, the market is projected to showcase a 2.2% CAGR, while global asparagus revenues are projected to soar sluggishly at 3.1% CAGR during the forecast period. The report, titled “Asparagus Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” has identifies key restraints for the growth of global asparagus sales, which include:

  • Farmers Opting for Direct Marketing – Farmers cultivating asparagus sell their produce by themselves, through traditional village bazaars and roadside outlets. Large and small restaurants as well as common consumers are also preferring to purchase this farm-fresh asparagus through direct marketing of farmers. This practice is impacting the global asparagus sales, but at a moderate extent.
  • High Costs for Processing & Storage of Asparagus – The most crucial inhibitor for growth of global asparagus sales is the need for higher capital investment in storage and processing of asparagus. Cost of packaging, cooling and transportation is relatively high, which reduces the price per pound of asparagus. Reduction in price per pound further leads to monetary losses for manufacturers. Processed asparagus, such as asparagus in brine, soups, mixed vegetable products etc., being sold at higher cost price, is expected to result in lower uptake among some sections of consumers in the world.

Leading manufacturers of asparagus include: Altar Produce LLC, Sociedad Agrícola Virú, DanPer Trujillo S.A.C., Limgroup B.V., TEBOZA BV, THIERMANN SPAGEL FARM, ILIOS – The Greek Asparagus Company, BEJO SEEDS LTD., Spargelhof Elsholz Gbr, Cutter Asparagus Seed, JERSEY ASPARAGUS FARMS, INC., Consorzio Associazione Produttori Ortofrutticoli Foggia, Mazzoni Vivai, and California Asparagus Seed and Transplants, Inc.

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Additional Highlights from the Report –

  • By the end of 2017, the report estimates that over 8.2 million MT of asparagus will consumed globally, raking in US$ 27.7 Bn revenues
  • Towards the end of 2027, over three-fourth of global revenues will be accounted by sales of fresh asparagus
  • Likewise, green asparagus will also hold 75% share of global revenues throughout the forecast period, registering revenue growth at 3.3% CAGR

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based 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.

Contact:

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Jumeirah Bay 2

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E-Scooter Financing Market is Growing at a CAGR of 28.4% Over the 2022 – 2032 | Report by FMI

According to the e-scooter financing industry analysis carried out by Future Market Insights (FMI), demand for e-scooter financing is expected to increase at a 28.4% CAGR over the forecast period, with the market valuation reaching US$ 20.8 Bn in 2022 and is expected to reach US$ 253.2 Bn by 2032.

Electrically powered scooters are becoming more popular as consumers are preferring personal mobility solutions as compared to public transportation. E-scooters are becoming a more common and vital mode of urban mobility. Rising awareness of environmental pollution and the need to migrate from traditional gasoline-powered vehicles to electric-powered vehicles, which aids in the decarbonization of urban transportation will fuel sales.

Congestion is one of the most serious urban issues faced by cities, causing endless traffic jams. Using public transport results in delays, poor sanitation, cancellations, last-mile commute issues, and even a lack of safety. Individuals are looking for easy, time-efficient, and cost-effective forms of transportation to get to their destination due to rising traffic congestion and long commutes.

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Electric scooters, especially ones manufactured for city transportation, provide a number of advantages. These e-scooters are small enough to fit in public transportation, easy to transfer over short distances, and does not get stuck in traffic in general. Furthermore, electric scooters are free of oil and fossil fuels, making for a green and peaceful mode of urban transportation. Backed by the aforementioned factors, sales in the global e-scooter financing market are expected to gain traction in the forthcoming years.

“The implementation of technologies such as blockchain and machine learning to improve customer experience across financial institutions, along with increasing popularity of new banks will drive sales in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By scooter type, the electric moped segment will offer an absolute dollar opportunity of US$ 126.8 Bn.
  • Based on provider type, demand in the non-banking finance corporation segment will grow by 13.4x over the forecast period.
  • In terms of purpose type, sales in the lease segment are predicted to grow at a CAGR of 3% between 2022 & 2032.
  • Germany will create an absolute dollar opportunity of more than US$ 7.8 Bn.
  • The demand for E-scooter financing in the U.S. will account for nearly 68.5% of the North America market share.
  • Sales in the India E-scooter financing market will grow at a 36.4% CAGR over the assessment period.

Competition Landscape

Bank of America, AEON Credit, Volkswagen Financial Services, HDB Financial Services, IDFC First Bank, Klarna, Katapult, Greaves Finance, L&T Finance, Hyundai Capital and Affirm are some of the leading players operating in the global E-scooter financing market.

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More Valuable Insights on E-Scooter Financing Market

Future Market Insight’s report on e-scooter financing market industry research is segmented into four major sections – scooter type (electric kick scooter, self-balancing e-scooter, and electric moped), provider type (banks, and others (non-banking financial corporations, credit unions)), purpose type (loan, and lease), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and The Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the e-scooter financing demand outlook.

E-Scooter Financing Outlook by Category

By Scooter Type:

  • Electric Kick Scooter
  • Self-Balancing E-scooter
  • Electric Moped

By Provider Type:

  • Banks
  • Others (non-banking financial corporations, credit unions)

By Purpose Type:

  • Loan
  • Lease

By Region:

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

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About Us

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

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Assisted Living Software Market Value to Grow by Almost US$ 750 Million in 2032 | Future Market Insights, Inc.

The global assisted living software market had a market size of US$ 280 million in 2022, and it is anticipated to grow at a CAGR of 10.4% from 2022 to 2032 to reach US$ 750 million. The market’s expansion can be ascribed to the healthcare industry’s adoption of analytical tools and artificial intelligence. The market for software for assisted living saw a CAGR of 9.7% for the historical period of 2016–2021.

Increasing demand for real-time services in healthcare sector needs innovative solution to improve patient care services. The Assisted Living Software works as real-time solution to manage Patient condition and healthcare services across long-term healthcare centers and at home. This software automates the all the healthcare services which needs less human intervention which is one of the important feature of this software.

The emergence of analytical tool created new opportunity for Assisted Living Software vendors to offer an enhanced solution with the integration of advanced analytics features. These analytical tools, in assisted living software, offers structured and meaningful insights such as insurance data, prescription transaction data, Patient details, prescription processing etc. at one platform. Assisted living software, with the help of analytic tools, can also be used to refill inventories for a specific period.

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Assisted Living Software Market: Drivers and Challenges

The increased demand for an enhanced quality of care is expected to drive the growth of assisted living software. This application was introduced with an intention of providing enhanced services, solutions and offerings to residents of assisted living. The integration of assisted living software with eMAR (electronic medical administration records) is expected to be the key driver for the global assisted living software market as it enhances the overall offerings of the software. For instance, eMAR enables the software scheduling and tracking medications, the capturing of blood glucose readings, easy usage of charting screens, coordination with various treatments and financial analytics for medical administration. Furthermore, implementation of workflow automation in the software acts as a driving factor for assisted living software.

The primary factor hampering the growth of Assisted Living Software is data breaches associated with it as the software is available over cloud and on-premise both. Additionally, introduction and increasing adoption of open source assisted living software also restraints the overall growth of global assisted living software market.

Assisted Living Software Market: Key Players

Some of the key players of Assisted Living Software market are AMERICAN HEALTHTECH, Eldermark, Yardi Systems, Inc., AL Advantage LLC, VITALS SOFTWARE, MatrixCare, Medtelligent, Inc., ECP, RealPage, Inc. and iCareManager.

Assisted Living Software Market: Regional Overview

By geography, Assisted Living Software market can be segmented across North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, North America is expected to dominate the global Assisted Living Software Market during the forecast period, owing to the increasing demand for enhanced services and high quality care, by the elderly population. North America is, furthermore, expected to hold its position in the forecast years. APEJ is expected to witness a significant growth in the forecast years because of the high presence of elderly population in the region.

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

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The report covers exhaust analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Key Segments Profiled in the Assisted Living Software Industry Survey

Deployment Type:

  • On Cloud
  • On-Premise

Report Highlights:

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

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About Us

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

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Multilayer Transparent Conductors Market is Advancing at a CAGR of 10.3% During the 2022 – 2032

It is anticipated that the global market for multilayer transparent conductors will reach US$ 13,285.2 million in value by 2032, up from US$ 4999.1 million in 2022, growing at a CAGR of 10.3 percent during the projection period.

Multilayer transparent conductors are thin films, which are electrically conductive and prepared from some doped metal oxides. The main constituents in several devices such as portable, touch screens and home electronics determined by transparent conductive films (TCF). Indium tin oxide (ITO) is the most commonly used multilayer transparent electronic conductors.  It is rigid and deposited on a stable substrate like glass or coated with (PET)

Multilayer transparent conductors, indium tin oxide (ITO) used in various applications such as touch screens, optical coatings, flat-panel displays, and thin-film photovoltaic cells. ITO is inflexible, expensive, and processed at high temperatures. Multilayer transparent conductive films (TCFs) used as transparent electrodes in the production of touch screens, solar cells, LCDs, and organic light-emitting diodes. Carbon nanotube films are transparent conductors which are used as cost effective method in many applications.

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Multilayer transparent conductors also employed in applications such as solar energy utilization and for energy savings in buildings.Multilayer transparent conductors widely used in the manufacturing of flat panel displays and many other devices that are showing fast growth such as touch screen sensors and OLEDs.

Multilayer Transparent Conductors Market: Market Dynamics 

Rising adoption of touch user interface devices, low power consumption, minimal reflection, robustness, ease of fabrication, low infrared emission are the drivers of multilayer transparent conductors market.

Increased opportunities in the market due to the emergence of low-cost multilayer transparent conductors such as carbon nanotube films.

High cost, fragility, low conductive material, inflexibility, unsustainable properties and the shortage of supply are the challenges for multilayer transparent conductors market.

Global Multilayer Transparent Conductors: Market Trends 

Carbon nanotube-based transparent conductors is an emerging multilayer transparent conductors which are used as an alternative for Indium tin oxide (ITO) as it is cost effective compared to indium tin oxide (ITO).

Graphene is also an emerging cost effective carbon material which is integrated into multilayer transparent conductor technologies for manufacturing flexible touchscreens of smartphones which are used by companies such as Fujitsu and Eikos Inc.

Multilayer Transparent Conductors Market: Competition Landscape 

Few prominent players in Multilayer Transparent Conductors market include3M Company, Canatu Oy, Nitto Denko Corporation, DuPont Teijin Films, Toyobo Corporation, Fujifilm Holdings Corporation,Thin Film Devices Inc., DONTECH Inc, Abrisa Technologies, Eastman Kodak, Acree Technologies Inc.,Cambrios Technologies Corporation, Apple Inc., Quantum Coating Inc., and Cima Nanotech

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Multilayer Transparent Conductors Market: Regional Outlook 

Multilayer transparent conductors market is estimated to witness growth in North America owing to increasing demand of multilayer transparent conductors in smartphones followed by Asia Pacific and Western Europe due to the recent developments in thin film solar cells, multilayer transparent conductors marketis anticipated to grow rapidly over the forecast period.

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

The report covers exhaustive analysis on 

  • Global Multilayer Transparent ConductorsMarket Segments
  • Global Multilayer Transparent ConductorsMarket Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Global Multilayer Transparent ConductorsMarket Size & Forecast 2016 to 2027
  • Supply & Demand Value Chain for Multilayer Transparent ConductorsMarket
  • Global Multilayer Transparent ConductorsMarket Current Trends/Issues/Challenges
  • Competition & Companies involved in Multilayer Transparent ConductorsMarket
  • Multilayer Transparent ConductorsTechnology
  • Value Chain of Multilayer Transparent Conductors
  • Global Multilayer Transparent ConductorsMarket Drivers and Restraints

Global Multilayer Transparent Conductors Market: Market Segmentation 

Multilayer Transparent Conductors Market divided into three segments, based on application, material, and type.

Segmentation on the basis of application in Multilayer Transparent Conductors market: 

  • Liquid-crystal displays
  • Organic light-emitting diodes (OLEDs)
  • Touchscreen sensors
  • Flat panel displays
  • Photovoltaics
  • Solar cells
  • Flexible electronics
  • Smart windows
  • Optical coatings

Segmentation on the basis of material in Multilayer Transparent Conductors market: 

  • ITO on Glass
  • Carbon Nanotubes
  • Silver Nanowires
  • Metal Mesh
  • Others

Segmentation on the basis of type in Multilayer Transparent Conductors market: 

  • Indium tin oxide thin films (ITO)
  • Carbon nanotubes films
  • Nano-silver based Transparent conductors
  • Metal grids
  • Conductive polymers

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Region:

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

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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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