Recordable Optical Disc Market : Key Players, Applications, Outlook, SWOT Analysis & Forecast 2022-2029

The worldwide recordable optical plate market is scheduled to hold a total assets of US$ 2.5 Bn in 2022, yet is supposed to decline at a CAGR of – 3% over the gauge period (2022-2029) to arrive at an expected market valuation of US$ 2 Bn toward the finish of 2029.

The recordable optical circle market, which was esteemed at roughly US$ 2.5 Bn in 2022, is determined to see negativity later on years, according to the new report distributed by Future Market Insights (FMI)As per the report, Recordable Optical Disk Market is supposed to decline at a CAGR of – 3% over the conjecture period (2022-2029) to arrive at an expected market valuation of US$ 2 Bn toward the finish of 2029. as a general feeling of oldness poses a potential threat. The languor is in spite of the dependence on visual structures for capacity, as per FMI’s exploration.

As per the report, the development of noticeable media-administrations suppliers, for example, Spotify, Apple Music and TIDAL, began pulling on the ubiquity of recordable optical circle designs. Media specialist organizations revamped the guidelines of media utilization and the reception pace of these media web-based features developed huge amounts at a time.

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‘Manufacture-On-Demand’ DVDs and Blu-Ray Discs- Marking a New Milestone for Growth

As per the report, the trend of ‘manufactured-on-demand’ DVDs and blu-rays of popular TV shows and movies is favouring the market players. For instance, Amazon exclusively sells a series of ‘manufactured-on-demand’ DVDs and blu-rays of popular Nickelodeon shows and movies.

Moreover, popular media-services providers, such as Netflix, have also started bringing back popular TV series and movies in DVDs and blu-ray formats to treat their loyal subscribers, which in turn has resulted in a promising comeback for DVDs and Blu-ray discs.

The report opines that blu-ray disc will continue being the top-seller, with revenues estimated to approach US$ 2 Bn in 2022. Optimum storage capacities with ‘best-in-class’ features remain two of the key selling points of blu-ray discs. Sales of the recordable optical disc via online channels will continue to put offline channels in the shade.

Professional Use of Recordable Optical Disc to Show Positive Leaps,

As per the report, media houses continue to rely on recordable optical disc formats for local storage, followed by software and IT ecosystems. Key players in the recordable optical disc market are focusing on incremental innovations that would further help them boost their sustenance in the market.

Apart from product features, brands are also focusing on nourishing the longevity of their recordable optical disc offerings via reflective layers. In addition, strategic partnerships seem the best way forward for the brands to sustain with considerable revenue growth, states the research study.

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COVID-19 Crisis Evaluation

The COVID-19 pandemic worsened the already in-bad-shape recordable optical disc industry. The manufacturing sector was majorly impacted by pandemic restrictions across the world. In the first quarter of 2020, as coronavirus infections spread, the world went into a lockdown situation and disrupted market activities on a global scale.

As factories all over the world were shut, it hindered the production and manufacturing of recordable optical discs. The market for recordable optical discs was already experiencing a downfall, and this pandemic made the situation worse.

However, optical discs are still vital in many professional operations where the reliability of these discs has been proven time and again. This factor alone is expected to somewhat slow down the decline in demand for recordable optical discs in the post-pandemic era.

Competitive Landscape

Recordable optical disc manufacturers are struggling to make sales due to increase in popularity of advanced storage technologies that are being widely adopted. However, recordable optical disc suppliers are now focusing on data security and secure data storage for enterprise use and are trying to boost their sales revenue via commercial channels of application.

  • In July 2021, Apple TV+, a subscription-based streaming service, announced the launch of its first physical media disc release. The title ‘Defending Jacob’ a limited series was released on DVD storage media and Blu-ray. More titles are expected to be released on physical discs from Apple TV+ streaming service.
  • In June 2020, Sony a leading electronics manufacturer announced the launch of a new optical disc capable of storing data for 100 years. The new disk is capable of reading at a rate of 3 Gbps and writing at a rate of 1.5 Gbps.

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Key Segments of Recordable Optical Disc Industry Survey

Recordable Optical Disc Market by Product Type:

  • Compact Discs (CD)
  • Digital Versatile Discs (DVD)
  • Blu-ray Disc

Recordable Optical Disc Market by Sales Channel:

  • Online Sales of Recordable Optical Discs
  • Offline Sales of Recordable Optical Discs
  • Sales of Recordable Optical Discs by Distributors
  • Sales of Recordable Optical Discs by Resellers
  • Direct Sales of Sales of Recordable Optical Discs

Recordable Optical Disc Market by End Use:

  • Recordable Optical Discs for Consumers
  • Recordable Optical Discs for Professionals

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Digital Transformation in Healthcare Market Analysis, Size, Share, Growth, Trends & Forecast to 2031

Expanded and computer generated reality are innovative arrangements that are revolutionizing the healthcare industry. From 2018 to 2023, the worth of the healthcare-based AR and VR industry is supposed to dramatically develop. Accordingly, there are huge undiscovered learning experiences for the digital transformation in healthcare market.

The healthcare industry continues to develop, from the reception of telemedicine to the utilization of mechanical interaction computerization (RPA) to work on quiet information. Another review from Future Market Insights (FMI) shows that the approach of innovative innovations will empower patients to get further developed care with the assistance of computer generated reality, wearable gadgets and different advances. These advances are supposed to drive digital transformation in healthcare.

Among the different end-clients, clinics and clinics are supposed to hold a leading offer in the digital transformation of the healthcare market owing to the growing reception of IoT that guarantees better network in the healthcare industry.

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Key Implications: Digital Transformation of Healthcare Market

  • Global Digital Transformation of Healthcare Market is projected to register a CAGR of over 14% during the forecast period 2021-2031
  • Presence of sophisticated healthcare infrastructure supports US expansion, accounting for more than 80% of total North American demand
  • Investments in smart healthcare will boost year-over-year growth in the UK to 14.4% in 2021.
  • Exponential growth will be possible in Germany and France, particularly due to increased spending on expanding healthcare.
  • China is expected to remain the market leading the digital transformation of healthcare in East Asia, while Japan is expected to grow at a faster pace.

The impact of COVID-19 on the digital transformation of the healthcare market

COVID-19 is disrupting businesses, industries and somewhat disproportionate health care across the country. This serious situation has led to a massive digital transformation of the healthcare industry, reducing operating costs, saving treatment time and ultimately improving healthcare quality. Medical advancement is considered a step-by-step evolution, and pandemics have accelerated change and have seen pioneering research in the medical sciences.

For example, telemedicine software (or remote patient monitoring) became the norm in 2020, eliminating the need for physical human interaction. This has become the most important advantage during the COVID-19 crisis. Telemedicine software has also provided healthcare professionals with greater geographic coverage, especially when healthcare resources are limited.

Accordingly, the digital transformation of the healthcare market is expected to grow 10-12% from the previous year from 2019 to 2021.

Rapid adoption of mobility services and healthcare mobile apps has become a major trend

Healthcare organizations are increasingly paying attention to mobile-based communications and encouraging employees to bring their own devices for work-related purposes, which in turn reduces the costs associated with purchasing medical communications devices. This is expected to increase the demand for mobility services. Medical mobility services also allow healthcare organizations to access patient data from anywhere and share insights with patients in real time.

Healthcare organizations around the world are focused on providing personalized healthcare apps for wearable fitness and medical devices. These applications allow patients to access medical information through mobile and devices. This, in turn, is expected to fuel market growth in the near future.

Who is the winner?

Companies operating in the market are currently focused on adopting advanced technologies. With the intention of making healthcare smarter, digital transformation will continue to accelerate within the healthcare sector. Major companies operating in the market include IBM Corporation, CGI Group Inc., Accenture PLC, Deloitte LLP, and HCL Technologies.

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Key Segments Covered

Solution

  • Software
    • Electronic Health Record (EHR) Software
    • Connected Medical Billing
    • Healthcare Information System (HIS)
    • Healthcare CRM Software
    • Healthcare ERP Software
  • Service
    • Digital Transformation Consulting
    • Digital Transformation Technology Implementation & Integration

End User

  • Hospitals & Clinics
  • Pharma Companies
  • Life Science & Biotech Companies
  • Healthcare Insurance Providers
  • Others

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 10-years.

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Instant Tea Premixes Market Research, Segmentation, Key Players Analysis and Forecast to 2032

Changes in consumer lifestyle as well as their consumption patterns have been dictating trends in the food industry, and consumer demand for convenience of consumption is triggering growth of the instant tea premixes market. Instant tea premixes are emerging as a popular type of convenience food and consumers are resorting to this category over its conventional variants, which do not sync with their need for on-the-go consumption.

Increasing interest of consumers in health-benefitting, low-calorie RTD (ready-to-drink) beverages is expected to provide an impetus to growth of the instant tea premixes market. In the coming years, the rise in demand for slimming tea and herbal tea is expected to fuel new trends in the instant tea premixes market.

Furthermore, leading players are also focusing on introducing instant tea premixes with no added sugar by discovering natural sweeteners that can satiate consumers’ need for health-benefitting properties of their products.

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Instant Tea Premixes Market – Competitive Landscape

Some of the key players in instant tea premixes market are Ito En Ltd., Keurig Green Mountain Inc., Suntory Beverage & Food Ltd., Starbucks Corp., The Republic of Tea Inc., Ajinomoto General Foods Inc., Vending Updates India Pvt. Ltd., The Coca-Cola Company, Dunkin Brands Group Inc., Monster Beverage Company, PepsiCo Inc., C. B. Shah & Co. (Tweak), Girnar Food & Beverages Pvt. Ltd., Wagh Bakri Tea Group, Unilever (Lipton), and others.

  • In June 2019, Sariwangi – an Indonesian tea brand owned by Unilever – announced that it has launched its new 3-in-1 instant tea premix products. The company’s new range of products includes two variants of powdered milk tea – caramel and Teh Tarik.
  • In May 2019, Wagh Bakri Tea Group – a premium tea company headquartered in Gujarat, India – announced that it has introduced tea packaging for its range of instant tea premixes as a part of its centenary celebrations. The new product packaging was introduced for instant tea premixes in four new flavors—masala, ginger, cardamom, and lemongrass. The new packaging gives its instant tea premixes a contemporary look integrated with a new tamper-proof lock, which ensures safe delivery and prevents product counterfeiting. In April 2019, the company also launched new flavors of instant iced tea premixes, such as orange, lemon, aloe Vera, peach; Vetiver, litchi, and fennel.
  • In November 2019, Ajinomoto General Foods Inc. – another leading player in the instant tea premixes market – announced that it has established a joint venture with Accenture plc – a global tech leader – in Japan. Through this collaboration, the company aims to bolster its operational transformation through next-generation process automation and instrumentation technologies. The new company – Ajinomoto Digital Business Partners Co., Inc. – will be 67% owned by Ajinomoto and will commence its operations in April 2020. With this joint venture with Accenture, the company aims to leverage digital transformation of its operations to be in line with its goal to become a ‘genuine global specialty company’.
  • In December 2018, Nestlé India announced that it has launched its new products in the instant tea premixes category named EVERYDAY Chai Life, in India. The new product range includes instant tea premixes in various flavors such as saffron & cardamom, ginger, desi masala, and lemongrass, to offer consumers a premium, immersive experience. The company also announced that its new instant tea premix products will be available in convenient and easy-to-carry sachet and sachet-in-a-cup formats.

Factors Influencing Growth of the Instant Tea Premixes Market

Evolution in Standardization and Quality Evaluation of Instant Tea Premixes

Consumers are turning to instant tea premixes for the convenience of consumption and the health-benefitting potential of instant herbal tea. Thereby, leading players in the instant tea premixes market as well as researchers and regulatory bodies are introducing efficient ways of standardizing the formulation of such products commercially available in the market.

Increasing consciousness about consumers’ health and wellness is encouraging market players to sync with the standards of formulation and sensory attributes of instant tea premixes. Ongoing advancements in standardization and evaluation methods are expected to influence emerging trends in the instant tea premixes market, in the coming years.

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Instant Tea Premixes Becoming an Integral Part of Consumers’ Travel Essentials

Owing to the ease and convenience of consumption offered by instant tea premixes, consumers are resorting to this option when the need for convenient food products such as on-the-go breakfast products is heightened. Growing consumer preference for a homelike cup of tea while travelling is expected to contribute to the increasing demand for instant tea premix.

As instant tea premixes are becoming the modern travel essentials for consumers, especially among young adult consumers, leading market players are introducing interesting formats and packaging with small serving sizes to benefit from this trend. Sachet packaging and the other forms packaging such as sachet-in-a-cup is expected to emerge as one of the newest growth prospects in the instant tea premixes market, the rise of which is mainly attributed to this trend.

The research report presents a comprehensive assessment of the instant tea premixes 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 instant tea premixes market is broadly segmented according to the product type, nature, sugar content, flavor, sales channel and region.

The report covers exhaustive analysis on

  • Instant Tea Premixes Market Segments
  • Instant Tea Premixes Market Dynamics
  • Instant Tea Premixes Market Size
  • Instant Tea Premixes Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Instant Tea Premixes Market
  • Competition Landscape and Emerging Market Participants in Instant Tea Premixes Market
  • Technology related to Production/Processing of Instant Tea Premixes
  • Value Chain Analysis of the Instant Tea Premixes Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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

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Cultures Market Outlook on Product Life Cycle Analysis with Demand in Likely Scenario Current, Key Facts and Future Industry Landscape Analysis 2032

As per the report by Future Market Insights (FMI), the global cultures market is expected to witness moderate growth, registering a CAGR of 4.1% during the forecast period 2016-2026. By the end of 2026, the global Cultures Market generated sales of nearly USD 1.3 billion in 2022.

Advanced technologies are used by companies for the production of microbial food cultures under strict controlled conditions. Governments of various countries have also introduced regulations based on the characteristics and use of the microbial food cultures. The freeze-dried microbial food culture is also gaining traction in the global cultures market.

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Freeze-drying produces superior quality culture by providing long-term storage and also helps in retaining the intact structure of the food cultures. This also helps in supply-chain of food products as it increases shelf-life of the product.

A substantial increase in the food-borne diseases worldwide is driving the demand for microbial food cultures. Microbial food cultures such as fungi, bacteria, and mould are largely used by food processing companies. They help in preserving food, remove toxic compounds, thereby ensuring food safety. The organisms used in food cultures also offer health benefits to fermented food products.

Also, with the increasing population of health conscious customers, the demand for probiotic and functional food is also increasing. Moreover, increasing demand for antibiotics to fight various microbial infections is fueling the growth of the global cultures market.

Key Highlights in The Global Cultures Market

The global cultures market is segmented on the basis of application, product type, and region. The product type is further segmented into starter, adjunct, probiotic, and other product types. Among the give product types, a starter is expected to see the highest growth during the forecast period. The starter segment is estimated to bring in more than US$ 455,900 million revenues by the end of 2026.

Based on the application, the global cultures market is segmented into beverages, Sauces, dressings, and condiments, bakery & confectionery, dried processed food, sweet & savoury snacks, frozen and chilled processed food, and other applications. Among these, bakery & confectionery segment is expected to be the fastest growing segment in terms of the application during the forecast period 2017-2026. By the end of 2026, bakery & confectionery is estimated to surpass US$ 366,600 million revenue.

Geographically, the global cultures market is segmented into Japan, Europe, Latin America, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA), and North America. Europe is expected to witness significant growth during the forecast period. Germany, France, Russia, and the U.K., are anticipated to witness the highest growth in the region.

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Increasing demand for fermented and probiotic foods, the resulting in the use of microbial food cultures to preserve the food for a long time. Availability of advanced technology and infrastructure is also helping in the research and development of food cultures.

Competition Tracking

Some of the key companies in the global cultures market include Cargill, Chr. Hansen, DuPont, Royal DSM, Tate & Lyle, Kerry Group, Ashland Inc, Ingredion, Naturex, KF Specialty Ingredients, and Evonik.

Key Market Segments

Region-wise the market is segmented into Japan, Asia Pacific Excluding Japan (APEJ), Latin America, the Middle East and Africa (MEA), North America, and Europe.

Region:

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

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Product Type:

  • Starter
  • Adjunct
  • Probiotic
  • Other types

Application:

  • Beverages
  • Sauces, dressings, and condiments
  • Bakery & Confectionery
  • Dried Processed Food
  • Sweet & Savoury Snacks
  • Frozen and Chilled processed food
  • Other Applications

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Guar Gum Market Analysis & Overview, Key Facts, Production and Consumption Statistics with In-depth Study of Demand-2026

The global guar gum market is likely to surpass US$ 1.3 Bn in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding Japan (APEJ) likely to provide growth opportunities to stakeholders in the market. Applications in food and beverage industry are likely to create steady demand during the assessment period.

To offer readers detailed insights on the guar gum market, the report has segmented the market on the basis of product type, end use industry, and primary function. In addition to this, the report also offers region-wise analysis and segmentation, offering readers detailed analysis on the lucrative and sluggish markets.

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On the basis of product type, the key segments include food grade, fast hydrated gum oil drilling grade, and industrial grade. By end use industry, the market has been segmented into food and beverages, fracking, textiles, pharmaceuticals, and other end-use industries. On the basis of primary function, the key segments include thickener and stabilizer, binding agent, and other functional properties.

Among the product types, the fast hydrated gum oil drilling grade segment will continue to remain attractive during the assessment period. This segment currently accounts for nearly 70% revenue share of the market, and is likely to remain lucrative throughout the forecast period. The fast hydrated gum oil drilling grade is likely to surpass US$ 800 Mn in revenues by the end of the forecast period.

Demand for guar gum is likely to remain robust in the fracking segment. Currently, fracking accounts for over two-third revenue share of the market, and it is highly likely that the dominance of this segment will continue beyond 2017. This segment is projected to grow at a CAGR of 2.4% to reach a valuation of over US$ 800 Mn by the end of the forecast period.

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The use of guar gum has been witnessing an increase owing to its growing application in the oil & gas industry. However, as the oil and gas industry is going through a sluggish phase, the demand for guar gum has declined to an extent. Some of the sluggishness on account of oil & gas is likely to be compensated by growing demand in the food and beverage industry. Guar gums find wide-ranging applications in the food & beverage industry, where it is used as a thickener and stabilizer.

Steady demand from the food and beverage industry is likely to provide an impetus to the growth of the guar gum market during the assessment period. Growth is likely to remain steady from the textile and paper sector, however, availability of other feasible alternatives can stymie demand to an extent.

Although still at a nascent stage, demand for guar gum in managing health disorders such as diabetes and cardiac elements presents an opportunity for manufacturers. Further advancement in the application of guar gum in the healthcare sector can open up new avenues of growth for guar gum manufacturers during the assessment period. Some of the leading players in the market include Lucid Group, Jai Bharat Gum, Hindustan Gums, Vikas WSP, Shree Ram Gum, Cargill Inc, Supreme Gums Pvt. Ltd, Ashland Inc., India Glycols Ltd, Rama industries and Lamberti.

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Region

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

Product Type

  • Food Grade
  • Fast Hydrated Gum Oil Drilling Grade
  • Industrial Grade

End Use Industry

  • Food and Beverages
  • Fracking
  • Textiles
  • Pharmaceuticals
  • Other End Use Industries

Primary Function

  • Thickener and Stabilizer
  • Binding Agent
  • Other Functional Properties

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Feed Phytogenic Market Forecast Demand, Key Facts, Sales Outlook with Up to date key Trends, Pricing Analysis-2026

Phytogenic improve the aroma and taste of feed, which in turn increase feed intake and accelerate digestion activity in livestock. Adoption of feed phytogenic has led toward improvement in livestock development and growth. Growing demand for animal products including eggs, dairy, & meat has pressurized the livestock farmers in improving productivity of livestock. However, rise in cost of feed has added to the dilemma of productivity optimization for farmers, while demanding for minimal expenses.

Rising Commercialization in Livestock Sector Propelling Demand for Feed Phytogenic

On account of the aforementioned factors, feed phytogenic have emerged as the best available option for minimizing feed expanses of dairy farm, by making improvements in feed conversion ratio and feed digestion. The livestock sector has witnessed a tremendous rise in commercialization since the recent past, which in turn has propelled the demand for feed phytogenic among livestock producers worldwide.

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Future Market Insights (FMI), in its recently published research report, has projected the global feed phytogenic market to ride on an impressive CAGR over the forecast period, 2017 to 2026. Nearly US$ 2,500 Mn revenues are estimated to be accounted by global sales of feed phytogenic by 2026-end.

Key Research Findings from FMI’s Report on Global Feed Phytogenic Market

  • Dominance of essential oils among products will remain unchallenged in the market. Sales of oleoresins will reflect the fastest expansion through 2026.
  • Feed phytogenic sales for poultry will ride on the highest CAGR through 2026, based on livestock. Between swine and aquatic animals, the former will account for larger revenue share of the market, while feed phytogenic sales for the latter will register a relatively higher CAGR during the forecast period.
  • Palatability enhancers will remain the largest function of feed phytogenic, followed by performance enhancers. These two functions of feed phytogenic will account for over 80% revenue share of the market during 2017 to 2026.

Increasing Emphasis on Feeding Livestock with Feed Additives Based on Natural Sources to Fuel Demand for Feed Phytogenic

Consumers across the globe are becoming more concerned about the food quality, owing to increasing occurrences of Salmonella and E. coli in meat and dairy products. Consumers are therefore shifting their preference toward processed meat and products, as these are manufactured under hygienic conditions.

This has further led toward an increasing emphasis on feeding livestock animals with feed additives based on natural sources, thereby driving demand for feed phytogenic. Government organizations and manufacturers are making significant investments in research & development activities associated with feed phytogenic. However high cost of feed phytogenic, owing to stringent regulations imposed on product approvals, might act as a restraining factor for adoption of feed phytogenic in the near future.

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Consumer health concerns regarding natural and healthy diet, particularly in meat & dairy products, has witnessed a rise in European countries. In addition, the European Union (EU) has banned adoption of in-feed antibiotics for livestock production.

These factors have led to substantial demand for natural source-based meat & dairy products in the region, thereby resulting into increased demand for feed phytogenic. Europe is anticipated to remain the most lucrative market for feed phytogenic, followed by Europe. Asia-Pacific excluding Japan will also remain a lucrative region for growth of the feed phytogenic market.

Leading Players are boosting their Operational & Technological Capabilities for Staying at Market’s Forefront

Through strategies such as acquisitions, expansions, research agreements, and new product developments, companies producing feed phytogenic have been focusing on expansion of their presence across the globe. Leading players in the global feed phytogenic market are now boosting their operational and technological capabilities for staying at the forefront of the market.

Potential opportunities exist for manufacturers of feed phytogenics across developing regions. Market players identified by FMI’s report include Igusol, Nutricare Life Sciences Ltd., Nor-Feed Sud, Natural Remedies Pvt. Ltd., Phytosynthese, A&A Pharmachem Inc., Pancosma SA, Phytobiotics Futterzusatzstoffe GmbH, Dostofarm GmbH, Biomin Holding GmbH, Kemin Industries, Inc., E. I. Du Pont De Nemours and Company, and Cargill Incorporated.

Market Taxonomy

Region

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

Product Type

  • Essential Oils
  • Herbs & Spices
  • Oleoresins
  • Others Product Type

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Livestock

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Other Livestock Animals

Function

  • Performance Enhancers
  • Palatability Enhancers
  • Other Functions

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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 4-years.

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Lipase Market Trends, Business Prospects with Incredible Growth, Key Facts, Consumer Insights & Forecast-2026

Growing prevalence of celiac disease and obesity has led to an upsurge in demand for lipase globally. In addition, surge in demand for production of detergents will continue to impact the global market growth of lipase. Future Market Insights states that the global market of lipase is projected to reflect a CAGR of 7.8% over the forecast period, 2017-2026.

Factors Fuelling Growth of the Global Market

Growth of the global lipase market is mainly bound to various micro-economic and macro-economic factors. Surge in consumption of the food products that are rich in carbohydrate and fatty food items has led to surge in health diseases such as abdominal discomfort, indigestion and bloating. In order to inhibit prevalence of these health diseases has led to surge in demand for lipase in the global market.

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In addition, increasing prevalence of high triglyceride, obesity and cholesterol will continue to impact the global market growth of lipase positively. World Health Organization in its recent report stated that 39% of adults aged 18 years and above reported overweight in 2016 whereas 13% were obese. As lipase breaks the fats into fatty acid and glycerol, possibilities of weight gains and obesity is reduced. The global market of lipase is projected to gain momentum bound to such factors during the forecast period.

Attributed to various industrial and health benefits, lipase continues to witness significant demand in various industries such as food industry, detergent industry and dairy industry. As application of lipase enhances the shelf life, texture and flavor of the food products, manufacturers are increasing using lipase during the food production process.

In addition, increasing demand for hydrolyzing milk fat for the production of various dairy items will continue to rev up sales of lipase in the global market. Lipase continues to find application in coffee whiteners and cheese dairy products. Increasing application of lipase in coffee whitener offers creamy flavor and buttery texture in the toffees and caramel. Such factors are likely to impact the global market growth of lipase significantly throughout 2026.

Besides application in the dairy industry, lipase continues to witness robust demand in the detergent industry. Surge in need to remove the fatty residues and cleaning clogged drains has led to a surge in demand for lipase during the production of house cleaning products.

Attributed to features that help in eradicating the fatty residue, manufacturers in the detergent industry are mainly looking for range of lipases including proteases and amylases. Application of these lipases will enable the manufacturers to offer cleaning products with improved efficiency. Further, the detergent industry, which is controlled by the European Commission continues to represent a leading end use sector for enzyme consumption.

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Increasing apprehensions related to the persisting contamination of the detergent chemicals in the ground water and environment along with various other health issues has raised speculations about the biodegradability of the product. Such factors continue to encourage application of the enzymes along with the surge in demand for the green cleaning detergents.

Sales to Remain High in the Food Industry

Rapid advancements in the emerging enzyme technology has led to surge in demand for microbial lipase globally. By source type, the microbial source segment is projected to represent a significant growth in terms of revenue, representing more than US$ 300 Mn by 2026-end. On the contrary, the animal source type segment is projected to reflect the highest CAGR through 2026.

On the basis of application, the food segment is projected to generate highest revenues, accounting for less than US$ 100 Mn by 2017-end. However, the animal feed application segment is projected to reflect a robust CAGR during the forecast period. Based on forms, the liquid segment is projected to represent a robust revenue growth, representing more than US$ 200 Mn by 2026-end. On the other hand, the powder form segment is projected to witness the fastest growth in the global market of lipase throughout 2026.

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Market Players

Major players in the global market of lipase are:

  • Koninklijke DSM N.V.
  • Novozymes A/S
  • Amano Enzymes Inc.
  • Hansen Holdings A/S
  • E. I. Du Pont De Nemours and Company
  • Associated British Foods PLC
  • Clerici-Sacco Group, Advanced Enzymes
  • Enzyme Development Corporation and Renco New Zealand.

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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 4-years.

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Organic Oats Market Recent Improvements Report with Application, Key Facts, Product Type with Distribution-2027

The global market scenario of organic oats across regions such as North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). The global organic oats market witnessed fast growth since 2012 but was small in valuation. The positive growth graph of the market is attributed to several aspects that are discussed below.

The detailed pricing analysis and value chain assessment is also covered in this research report. The market is segmented in-depth to gain complete understanding of the global market. This research report is focused on the applications of organic oats, various product types of organic oats and distribution channels to reach various customers.

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The study incudes historic data of the organic oats market along with the current market scenario. Based on trends and developments and the historic and current market data, future market evaluation has been carried out for a period of 10 years.

Global Organic Oats Market: Forecast

The global organic oats market is expected to reach a value of a little under US$ 370 Mn by the end of 2027 from a value of about US$ 198 Mn in 2017. It is projected to grow at a robust value CAGR of 6.4% throughout the period of forecast, 2017-2027.

Global Organic Oats Market: Segmental Highlights

The global organic oats market is segmented by application, by product type, by distribution channel and by region.

  • By application, breakfast cereals is the largest segment. This segment is estimated to reach a high valuation of more than US$ 180 Mn by 2027 end and is expected to grow at the fastest pace in the coming years.
  • By region, Western Europe is the largest regional market. The organic oats market in Western Europe is likely to dominate the global market during the forecast period. The organic oats market in North America is projected to grow at the fastest pace to register a stellar value CAGR of 7.1% during the forecast period.
  • By product type, the rolled oats segment is expected to dominate the global market in the coming years. This segment is also the fastest growing segment and is poised to reflect a CAGR of 6.7%.
  • By distribution channel, the hypermarket/supermarket segment is estimated to reach a valuation of about US$ 236 Mn and is the largest distribution channel segment by value.

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Global Organic Oats Market: Factors Influencing Growth

Growing demand for organic food, growing consumer confidence towards organic food, growing retail chains offering organic products, increasing market penetration of organic food, improved retail formats, increasing per capita disposable income, emergence of modern trade and online retail formats and higher preference for premium products is contributing to the growth of the global organic oats market.

Aspects such as a highly competitive market, lack of marketing standardisation and fluctuating input costs are pulling down the growth of the global organic oats market.

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Global Organic Oats Market: Competitive Assessment

The research report on the global organic oats market covers competitive assessment that includes profiles of companies such as Nature’s Path, Grain Millers, Inc., The Hain Celestial Group, Inc., Quaker Oats Company, Nairn’s Oatcakes Limited, NOW Health Group, Inc., Bagrry’s India Ltd., General Mills Inc., Helsinki Mills Ltd., Unigrain Pty Ltd., Bob’s Red Mill Natural Foods, Inc., GrandyOats, Richardson International Limited, Blue Lake Milling Pty Ltd.

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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 5-years.

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Banana Puree Market Outlook on Regional Parent Market Overview with Key Facts, Production and Consumption Statistics 2027

Banana that has been pressed, grounded, and blended into a soft, creamy paste or thick liquid, obtained in pulp format, is called banana puree. Banana puree prices have been on an upward trajectory recently with a sharp increase observed in early 2010. Banana puree prices have been largely unaffected by fluctuations in raw banana prices and FMI has recently prepared a report titled ‘Banana Puree Market: Global Industry Analysis and Opportunity Assessment 2027‘. The global banana puree market is expected to witness a modest CAGR of 4.8% by 2027.

Region  Maximum Potential in the APEJ Banana Puree Market

The APEJ region had a share of over a third in the global banana puree market in 2017 and is poised to gain a massive 375 BPS over the course of the forecast period. Countries in APEJ are the largest producers and consumers of the banana fruit in different forms. The APEJ banana puree market should be worth approx. 167 million in 2017 with significant growth in both volume and value terms for the foreseeable future.

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Source  Conventional Sources Have Stranglehold on Banana Puree Market

The conventional sources had a market share of more than 95% of the banana puree market by source type in 2017. Even though the conventional segment is likely to lose BPS share, its dominant position ensures that it remains far ahead of organic source in the banana puree market at the end of the forecast period. An incremental dollar opportunity of over US$ 265 million in the conventional segment from 2017 to 2027 is too lucrative to ignore.

Process  Aseptic Process Far Ahead of Acidified Seedless Process in Banana Puree Market

Aseptic banana puree is produced economically as compared to acidified seedless banana puree, explaining its popularity in the banana puree market. On account of a higher production rate, the aseptic banana puree segment is on track to record a substantial growth in value and volume. A robust CAGR of 5.1% for the decade can be anticipated in the aseptic process segment of the banana puree market with an incremental dollar opportunity of approx. US$ 16 million in 2017 over 2016.

Application  Focus on Infant Food and Beverage Segment in the Banana Puree Market

The infant food segment is the largest in the banana puree market by application. A rising number of women joining the workforce every year naturally demand good, nutritious, and ready-to-eat foodstuffs for their babies. Baby food consists of baby yoghurt, cereals, and oatmeal. Baby yoghurt and cereals are often made of different fruit flavours with banana puree being especially popular. The market attractiveness of infant food is 2.1 in the banana puree market with beverages following closely behind at 1.8.

Competition Dashboard in the Banana Puree Market

Key stakeholders profiled in the banana puree market report are Symrise AG, Döhler GmbH, Kiril Mischeff, Riviana Foods Pty Ltd, Nestlé S.A., The Hain Celestial Group, The Kraft Heinz Co, Ariza B.V., Newberry International Produce Limited, Grünewald Fruchtsaft GmbH, Tree Top Inc., Hiltfields Ltd., Shimla Hills Offerings Pvt. Ltd., Antigua Processors S.A, and SunOpta Grains and Foods Inc.

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Takeaways

Banana puree is a niche product not readily available across the globe and suppliers should widen their distribution network to overcome this. The demand for puree concentrate has risen, particularly in infant food and beverages and suppliers should optimize their supply chain to ensure a steady supply of raw material. Production capacity must be increased to cater to projected spikes in demand in the banana puree market.

Banana Puree Market Taxonomy

An important chapter in the banana puree market report highlights the segmental analysis with a forecast of the banana puree market. The banana puree market has been studied on basis of application, process, source, and region.

Application:

  • Beverages
  • Infant Food
  • Bakery & Snacks
  • Others
  • Dressings & Sauces
  • Ice Cream & Yoghurt

Process:

  • Conventional
  • Aseptic

Source:

  • Organic
  • Conventional

Region:

  • North America
  • Latin America
  • APEJ
  • Japan
  • Western Europe
  • Eastern Europe

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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 5-years.

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Organic Lamb Market New Dynamics, Key Facts, Backdrop Analysis with Revolutionary Products & End Use-2027

Consumers worldwide have become extremely health-conscious in the 21st century and organic food has been the prime beneficiary of this shift in consumption. Greater consumer awareness of the health benefits offered by organic products, particularly amongst the millennial generation is largely responsible for the organic lamb market. Future Market Insights in its recent report estimates that the global organic lamb market should record a CAGR of 2.7% from 2017 to 2027.

Type – Processed Lamb Dominates the Organic Lamb Market

Processed lamb is more popular than its raw counterpart in the organic lamb market and had a market share of 64% in 2017 alone. It is unlikely to lose this position anytime soon and is predicted to surge past a volume of 45,000 MT at the end of the forecast period.

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Processed lamb is preferred mainly because it requires a reduced preparation time by end consumers, especially when compared to raw lamb in the organic lamb market. Within processed lamb, the greatest volume is seen in the leg cut as it accounts for approx. a third of the segment in the organic lamb market.

End Use – Food Industry Holds the Key to Success in Organic Lamb Market

The food industry is on track to grow by 76 BPS points throughout the forecast period and key stakeholders in the organic lamb market are advised to take this into consideration. The food industry could witness a CAGR of 2.8% from 2017 to 2027, the highest in the organic lamb market. In the food industry, frozen snacks and ready meals have both the maximum volume and value share with the former being in pole position.

Region – Maximum Consumption of Organic Lamb in North America and Western Europe

Western Europe and North America hold the lion’s share in the organic lamb market and are anticipated to remain strong for the foreseeable future. The top-ten countries in terms of per-capita consumption of organic lamb are concentrated in these two regions with Switzerland, Denmark, and Sweden leading the way. Companies in the organic lamb market would do well to prioritize Western Europe over other regions as it is expected to grow with a massive 170 BPS.

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Distribution Channel – Indirect Sales Race Ahead of Direct Sales in Organic Lamb Market

The indirect sales channel is projected to have a strong Y-o-Y growth on account of an increasing number of modern retailers offering organic foodstuffs and drinks. The indirect sales segment may well create an incremental dollar opportunity of more than US$ 40 million for the decadal study. Modern trade has more than half of the indirect sales channel in volume terms.

Competition Dashboard in the Organic Lamb Market

A few prominent companies in the organic lamb market have been profiled in the exhaustive report. The companies are

  • Windy N Ranch
  • Stream Farm
  • Arcadian Organic & Natural Meat Co.
  • Irish Country Meats Ltd.
  • Good Earth Farms
  • Shepherd’s Lamb
  • Manildra Meat Company
  • Mangapiri Downs Organicstud Farm
  • Thomas Food International Pty Limited
  • Pitney Farm Shop
  • Marjamaa Lihatoostus Ou
  • Morner family brand
  • Langley Chase Organic Farm
  • Saltbush Livestock Pty Ltd.
  • Coombe Farm
  • Mallow Farm & Cottage
  • Victorian Wiltipol Pty Ltd.
  • Hollyburton, Pick’s Organic Farm and SWILLINGTON ORGANIC FARM LTD.

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Key Takeaways

There is a latent demand for additive-free, chemical-free, and non-GMO meat products as customers are worried about the negative effects of antibiotics, chemicals, and food additives to their health and wellbeing. Millennials are the primary driver of this as they often purchase natural and organic products more than others and it would thus be wise to target them with organic lamb products of different varieties.

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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 5-years.

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