Food Emulsifiers Market Expansion to be Persistent 2031| Future Market Insights, Inc.

According to a new study by Future Market Insights (FMI), the food emulsifiers market is forecast to reach US$ 3.30 Bn by 2021. Demand for effective preservative ingredients in the food sector has remained a constant trend. It has been enabling growth in the market and will continue aiding overall expansion especially as application in processed food and bakeries rises consistently. Increasing consumption of processed food besides the expansion of bakeries and confectioneries are among key factors fuelling the demand for food emulsifiers.

FMI has forecast the processed food segment to continue dominating the market through the course of the report’s forecast period, starting from 2021 to 2031. It is expected to account for nearly one-fourth of food emulsifiers sold over the assessment period.

Today, food emulsifier gaining high momentum in the manufacturing of food products due to its desirable qualities that help in preservation of processed and convenience food, besides making them more appealing. The growing market for convenience and processed food is backed by hectic lifestyles, deskbound jobs, increasing women workforce, and socio-cultural aspects. These aspects of changing lifestyle have contributed towards reshaping consumers’ eating habits.  A shift away from three square meals eaten at the family table towards round-the-clock snacking is pushing manufacturer towards adoption of food emulsifier in order to cater supply/demand gap for processed food formats.

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Moreover, manufacturers are also focused on developing novel emulsifier solutions that are capable of reducing calorie content in food products. The market is seeing an increasing number of research and development centres coming up across globe. Companies are trying to expand their production and business footprint by acquiring key companies in the emulsifier segment.

The FMI study delves deep into the prevailing dynamics to offer interesting insights into the food emulsifier market. Some of these are:

  • Food emulsifiers market will continue exhibiting steady rate of growth through 2031. FMI projects the market to showcase 4.4% Y-o-Y growth in 2021
  • The U.S. will emerge as a chief market globally and account for 88.8% of North America market based on volume in 2021
  • The U.K. will exhibit 0.9% Y-o-Y growth in 2021 in terms of volume
  • Germany and France to continue offering lucrative growth opportunities
  • Japan and South Korea to emerge as attractive markets, however, China will continue leading the East Asia market through forecast period

“Innovation in food products is expected to create remarkable growth opportunity for market players in the years to follow. Also, a broader consumer base for healthy fast food is contributing to the growth of the global market” said a lead analyst at FMI

Who is winning?

Some of the leading companies operating in the market are BASF SE, Adani Wilmar Limited, Archer Daniels Midland Company, Cargill Inc, Dow Corning Corporation, E.I Dupont De Numours and Company, Evonik Industries AG, Ingredion Incorporated, Kerry Group Plc, Koninklijke DSM N.V., and others. Some of these companies are focusing on acquisition as key strategy to gain competitive advantage.

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For instance, in January 2017, Palsgaard acquired a major stake Candon Aditivos para Alimentos, which is a Brazilian ingredient company and supplier of bakery emulsifiers.

Get Valuable Insights into Food emulsifier Market

Food Emulsifiers Market – Key Segments

Product Type

  • Lactic esters of fatty acids
    • Sodium stearoyl lactylate
    • Sodium behenoyl lactylate
    • Sodium isostearoyl lactylate
    • Sodium lauroyl lactylate
  • Lecithins
  • Mono & di-glycerides of fatty acid
  • Esters of monoglycerides of fatty acid
  • Polysorbates
  • Polyglycerol Esters
  • Polyglycerol Polyricinoleate
  • Others

Nature

  • Natural
  • Synthetic

Form

  • Fine Powder
  • Hydrate

End-Use

  • Bakery
  • Confectionery
  • Beverages
  • Dairy Products
  • Processed Food
  • Others

Region

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

Frequently Asked Questions

  • At what rate the demand for food emulsifier is expected to grow for the next 5 years?
  • Which form of food emulsifier is most used?
  • Which are some of the leading companies offering food emulsifier?
  • Which is the most lucrative market for food emulsifiers?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Plant-based Butter Market Analysis By Supply And Consumption Demand Analysis To 2030

The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021. Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction.

As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers. This trend is creating opportunities for growth for plant-based butter manufacturers. Demand for plant-based butter can also be attributed to the growing consumer preference for clean-label, natural foods, which is pushing dairy producers to develop and launch vegan alternatives.

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Key Takeaways Global plant-based butter market to exhibit CAGR exceeding 7.5% through 2030 Soy-milk based butter held nearly 40% share in 2020 Online retail distribution to register relatively faster growth, aided by benefits in terms of consumer engagement US to remain the largest market, pegging North America to surpass US$ 200 Mn in 2020“The plant-based butter market is a nascent phase and is being increasingly viewed as a high-potential product in the dairy alternative industry, as a healthy alternative to conventional fatty food products, which will aid growth in the market for the foreseeable future,” says a FMI analyst.

Covid-19 Impact AnalysisThe covid-19 pandemic has resulted in substantial changes in the dietary preferences of consumers around the world. Concerns over transmission of the virus through animal based products has aided the adoption of plant-based alternatives.

Also, plant-based butter can be sourced from oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk among others, allowing for a wider flavor range. While demand from the food service sector is likely to drop owing to lockdown restrictions, home consumption with sales through online sales is expected to rise.

The prospects of the plant-based butter market has widened since early 2020. As per the Good Food Institute, sales of plant-based foods surpassed that of animal based alternatives since the advent of the crisis, and will continue through the forecast period.

Who is Winning?The plant-based butter market is competitive and characterized by the presence of small and mid-scale players. Leading manufacturers are effectively leveraging demand for natural, clean label products, with the aim of geographic expansion and widening product portfolios for long term growth.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12904  

Some of the leading players in the plant-based butter market include Conagra Brands Inc., Upfield Foods, Miyoko’s Creamery, Wayfare Food, Prosperity Organic Food Inc., Lyrical Foods Inc., Califia Farms, Premier Organics, Naturli Foods, Ekogram-the real food, Wildfriend Foods, The J.M. Smuker Co., The Leaviet Corp., Milkadamia, among others.

More Valuable Insights on Plant-based Butter Market 

Source

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

Distribution Channel

B2B Hotels Restaurants Cafes B2C Hypermarket/Supermarket Convenience Stores Specialty Stores Mom and Pop Stores Discount Stores Food & Drink Specialty Stores Independent Small Groceries Online Retail Others

Region

North America (U.S. & Canada) Latin America (Mexico & Rest of LATAM) Europe, Middle East & Africa Asia Pacific (Greater China, South East Asia, Japan, India, South Korea, Australia, New Zealand)

Frequently Asked Questions

  • How will the plant-based butter market expand through 2030?
  • Which is the largest plant-based butter market?
  • How is COVID-19 impacting the plant-based butter growth projections?
  • Which are some of the prominent market players?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Xylooligosaccharide Market Is Thriving With Rising Latest Trends 2022 – 2032| Future Market Insights, Inc.

As per a recent market analysis by Future Market Insights (FMI), the global xylooligosaccharide market is set to expand at 6% CAGR, reaching US$ 66.7 Mn by 2032.

Increasing awareness regarding high-quality food that promote a healthy lifestyle is propelling sales of animal derived food items such as dairy products and meat. Driven by this, sales in the animal feed industry are projected to increase.

Furthermore, millennials have become better aware about health, resulting in higher spending on nutritious and protein-rich foods, which in turn is spurring demand for nutrition-rich animal feed. This also will give impetus to the sales of xylooligosaccharide in the coming years.

In addition to this, the HoReCa sector is exhibiting high demand for animal derived products. As a result of the rising consumption of animal-based food products, demand for nutritional meat is on the rise, which is expected to continue fueling sales in the market over the assessment period.

According to the Organization for Economic Co-operation and Development (OECD), developing countries are projected to witness a five-fold increase in meat consumption compared to developed countries because of the high population and economic development.

Driven by the aforementioned factors, the global xylooligosaccharides market will expand at a considerable pace over the assessment period.

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Key Takeaways:

  • The Europe xylooligosaccharide market is currently pegged at 1,678 Metric tons.
  • Based on product type, demand in the livestock segment is projected to increase at a 4.3% CAGR.
  • In terms of form, sales in the dry segment will continue gaining traction through 2032.
  • The U.S. will continue dominating the North America xylooligosaccharides market amid surging demand for animal derived products in the country.
  • China will account for a lion’s share in the East Asia xylooligosaccharides market due to the presence of vast livestock and agriculture sectors.

“Manufacturers of xylooligosaccharide are likely to capitalize on opportunities prevalent in the animal feed industry due to the rising demand for healthy feeds for livestock including poultry, equine, and others as it helps in improving gut health in animals. The pet food industry will also emerge as a potential market for xylooligosaccharide, which is attributable to the growing adoption of dogs and cats as family pets around the world,” says an FMI analyst.

Competitive Landscape

Key manufacturers in the of xylooligosaccharide market are focusing on research & development to improve the quality of their products. They are also participating in various exhibitions and events around the world to increase the awareness of their products along with maintaining long-term relations with clients. For instance:

  • Van Wankum Ingredients maintains a long-term partnership with customers and principles across the world by retaining a consistent focus on quality and services.

For Information On The Research Approach Used In The Report, Ask Analyst @

https://www.futuremarketinsights.com/ask-question/rep-gb-14247

More Insights into the Xylooligosaccharides Market Report

By Form:

  • Liquid
  • Dry

Product Type:

  • Pet
    • Cat
    • Dog
  • Livestock
    • Cattle
    • Poultry
      • Broilers
      • Turkey
      • Layers
    • Equine
    • Swine

Region:

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

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Interesterified CBE Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032

The global interesterified CBE market is expected to reach market valuation of US$ 244.6 Mn in 2022. Expanding at a 4.7% CAGR, total sales are excepted to reach US$ 387.1 Mn by 2032.

The interesterified CBE is primarily used to produce oil mixes and butter, particularly margarine. It’s extensively used to formulate products used in culinary and personal care. These industries bring in maximum revenue generation for interesterified CBE.  People are more conscious about ingredients sourced to produce food products. Shift in consumer behaviour towards low-fat products to maintain healthy lifestyle is expected to positively affect the demand for interesterified CBE products. Intake of these products is beneficial for patients suffering from high blood pressure or planning to lose weight.

Interesterified CBE is used in preparation of nutritious beverages which help in boosting immunity against infections. One of the key driving factors is easy availability and affordability of raw material used for processing CBE. And so it is also used in chemical industry as a substitute for paraffin wax. Widespread applications of interesterified CBE is expected to propel the demand for interesterified CBE in the market.

North America is expected to witness surge in demand for interesterified CBE due to consumer awareness regarding benefits of low-fat diet and willingness to spend on such products. Europe is expected to contribute maximum revenue due to changing dietary habits and easy availability of trans-fat free products manufactured by key players in UK and Germany.

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Key Takeaways from Market Study

  • The interesterified CBE market is expected to increase at CAGRs of 4.3% and 3.6% in North America and the Latin America, respectively, through 2032.
  • Europe is expected to account for 18% market share during assessment year.
  • The South Asia interesterified CBE market is expected to reach USD at 44.02Mn
  • Growing customer preference for trans-fat free products is driving sales of interesterified CBE in market globally.
  • By application, the food processing industry holds the highest market share and is expected to increase at a CAGR of 5.6%.

“Manufacturers are focusing on developing new technologies to modify physiological properties of lipids to formulate products with low-fat content that enable consumers to maintain good health in long run. Key strategies adopted by key players are mergers, acquisitions to penetrate untapped markets.” says a Future Market Insights analyst.

For Information On The Research Approach Used In The Report, Ask Analyst @

https://www.futuremarketinsights.com/ask-question/rep-gb-14263

Competitive Landscape

Key manufacturers of interesterified CBE are focusing on research & development to offer different t products with no chemical additives. Key players are collaborating and developing new product lines to penetrate untapped markets

  • AAK AB (publ.) has bought the remaining 31% of the shares in AAK Kamani, a joint venture between AAK and Kamani Oil Industries Pvt Ltd, to expand its position in the strategic and fast-growing Indian market.AAK is a renowned provider of vegetable oils and fats. Company has a strong background in lipid technology in food and special nutrition applications and offers groundbreaking solutions for wide-ranging industries from Chocolate & Confectionery, Plant-based Foods, Bakery, Foodservice

Explore More Valuable Insights

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

By Interesterification Process:

  • Chemical
  • Enzymatic

By Source:

  • Palm Oil
  • Sal
  • Illpe
  • Shea/ Shea Nut Oil
  • Kokum Gurgi
  • Mango Kernel
  • Coconut Oil
  • Sunflower Oil
  • Soybean Oil
  • Canola Oil

By End-Use Application:

  • Food Processing
  • Pharmaceuticals
  • Cosmetics and Personal Care

By Region:

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

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The report covers exhaustive analysis on:

  • What is the current interesterified CBE market size?
  • What is the demand outlook for the global interesterified CBE market?
  • At what rate did the market grow between 2017 and 2021?
  • At what rate will the interesterified CBE demand grow in Europe?
  • What are the key trends driving the interesterified CBE market?
  • At what rate will interesterified CBE sales grow in North America?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Clean Label Pectin Market Competitive Landscape Analysis, Growth Factors, Regional Developments and Forecasts 2031

Clean label pectin is used as a primary ingredient in various food applications such as jams, jellies, sauces, fruits spreads, chews, bakery fillings, juices, toppings, sugar confectionery, fermented dairy products, and plant based products. Driven by the increasing application as stabilizer, the clean label pectin market is forecast to rise at nearly 7% CAGR between 2021 and 2031. Future Market Insights (FMI) presents a positive outlook for the market in its study as focus on healthy eating continues to rise around the world.

Consumers in general have become more curious about the source of the raw material and production methods used for processing various food products. A few of the production methods are observed as less ‘natural’ while some food ingredients are considered as ‘unhealthy’ and ‘unfamiliar’.

The ‘clean label’ trend is expected to have considerable influence on the food industry especially since consumers have become more interested in ingredients used in their food. There is clear inclination for more ‘natural’ methods of production using ingredients derived from organic or natural sources. According to FMI, citrus fruits are highly sought-after sources of clean label pectin. In fact, citrus fruits made for over 43% of clean label pectin produced in 2020.

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Key Takeaways from Clean Label Pectin Market Report

  • Clean label pectin market will exhibit 5.8% y-o-y growth in 2021, registering 0.3% improvement than growth recorded last year
  • Increasing focus on healthy eating seals America’s dominance. The U.S. to account for a little below 85% of sales recorded in North America
  • U.K. emerges as a key market within Europe, exhibiting over 8% y-o-y growth in 2021
  • Rising focus on health and wellness to continue driving sales in Germany and France
  • While China will continue dominating sales in East Asia, both Japan and South Korea are forecast to register higher rate of growth

“Consumers are likelier to check ingredients list on a food product to ascertain if it is sustainable and environment-friendly. Smaller manufacturers see this as a lucrative opportunity to establish their brand presence in a highly competitive landscape.  With focus on end-to-end clarity rising, more companies are jumping into the clean-label bandwagon, irrespective of their size. Spurred by this, clean label pectin producers will gain from increasing application within the food industry,” said a lead analyst at FMI.

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Demand from Pharmaceutical Industry Poised to Surge

Clean label pectin market is anticipated to register increasing demand from the pharmaceutical industry. Gelling property of clean label pectin has been increasing its use in making gel beads, film coated dosage, and matrix tablets. Clean label pectin is mainly used for medicine for diarrhea, throat lozenges and constipation. It also is used in nutritional and health products which help in weight loss, strengthens skin and hair, enhance iron absorption, and improve heart health.

Increasing Demand for Organic and Clean Label Food Will Accelerate Sales

Consumers are shifting towards healthy, high vitamin, nutrient rich food and avoiding foods with artificial flavour, colour, GMO levels and preservatives. Increasing health awareness and high demand for low sugar fruit products will drive the clean label pectin market. Consumer inclination toward natural and organic food is persistent rising due to rising health consciousness and it is accelerating the growth of clean label pectin. Due to rising demand for organic and clean label products, key players of clean label pectin market are focusing on launching unique clean label pectin products in the market.

For instance,

  • In 2020 CP Kelco introduced GENU Pectin YM-FP-2100, a clean label ingredient that provides a medium-to-high viscosity in the fruit drinking yogurt and with ease of pump ability at the fruit prep stage.
  • In 2018, DuPont Nutrition & Health launched and developed GRINDSTED Pectin PRIME 541, product which allow food producer to make new tempting reduced-sugar fruit spread and without processing hurdles.

Who is Winning?

Some of the key players operating in the clean label pectin market are CP Kelco, Cargill, Inc, Herbstreith & Fox, Royal DSM, DuPont Nutrition & Health, Brenntag North America, Inc., Silvateam Food Ingredients, Lucid Colloids Ltd. and many more. In order to gain competitive advantage, market players have been focusing on expansion via merger and acquisition strategies. Besides this, product launches are undertaken to strengthen their footprint.

For instance,

  • In 2020 Herbstreith & Fox (H&F Group), a producer of pectin base in Germany acquired pectin buisness from Givaudan SA (Switzerland) part of the Naturex portfolio.
  • In 2018, Brenntag North America Inc. entered into partnership with Silvateam for the extensive distribution of pectin in the Canada and United States.
  • In 2019, CP Kelco launched a new product line, NUTRAVA citrus fiber it is a clean label ingredient which is derived from peels of citrus fruits.

Get Valuable Insights into Clean Label Pectin Market

By Product type

  • High methoxyl
  • Low methoxyl
    • Amidated (LMA)
    • Non-amidated

By source

  • Citrus food
    • Orange
    • Lemon & lime
    • Tangrient and mandarins
    • Grapefruit
  • Apple
  • Pear
  • Plum
  • Banana
  • Others (Berries)

By end use application

  • Fermented Plant based products
  • Fermented dairy products, including yoghurt
  • Jams
  • Jellies
  • Chews
  • Fruit Spreads
  • Sugar Confectionary
  • Fruit roll ups
  • Fruit Preparations
  • Bakery Fillings
  • Glazes
  • Sauces
  • Toppings
  • Ripples
  • Compotes
  • Juices
  • Reduced- Sugar beverages

By Region

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

Frequently Asked Questions

  • Which Is the Leading Market for Clean Label Pectin?
  • Which is the most preferred product type of clean label pectin?
  • Which are the key companies producing clean label pectin?
  • Which is the leading application of clean label pectin?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Flight Simulator Market Revenue Growth To Be Driven By Increasing Demand Through 2022 And 2030: Future Market Insight

The market for flight simulators is anticipated to expand steadily between 2020 and 2030, driven mostly by their use in civil and military & defence applications. According to a recent Future Market Insights (FMI) analysis, revenues from the worldwide flight simulator market are expected to increase by 1.5X throughout the projected period, with rising Asian economies holding a profitable position for stakeholders.

The widespread use of air travel in Asia Pacific’s growing nations justifies the expansion of airline routes and the hiring of employees including traffic controllers, pilots, and cabin staff. This contributes significantly to the market for flight simulators expanding. The prospects for the flight simulator market will improve with the growing integration of augmented reality (AR) and virtual reality (VR) applications in flight simulators. The ability of these cutting-edge technology to accurately simulate real-world scenarios lies at the heart of the need for flight simulators.

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Key Takeaways from the Flight Simulator Market

  • Full flight simulator (FFS) accounts for more than 90% of flight simulator sales.
  • Civil applications account for over 69% of total adoption.
  • Military & defense industry will emerge as a highly lucrative area of investment for market stakeholders, with a projected 5% CAGR through 2030.
  • Adoption of fixed flight training devices is projected for an impressive surge in the near future.
  • North America maintains hegemony, with nearly half of the total market value.
  • Flight simulator market in South Asia is poised for a healthy 6.8% CAGR during the forecast period.

Among the most exposed verticals to the COVID-19 epidemic are flight simulators. Many airline businesses have stopped operating entirely as they struggle to make ends meet. Governments are sending out air fleets to rescue nationals who are stranded abroad. This puts additional pressure on airline firms’ cash reserves. because the flights are being flown for free. Government rescue funds provide some solace, but a complete recovery won’t be possible until after the pandemic. The demand for flight simulators is projected to decline significantly as a result of this negative effect on the airline industry. The industry won’t spend money on training new pilots during the pandemic since there are too many idle workers.

Even after the epidemic, the airline sector would experience a significant decline in terms of ticket sales and in-person sales for a while. However, market players are in it for the long haul. According to our analysis, normalcy wouldn’t likely return until the third quarter of 2020. Consumer behaviour following COVID-19 and the financial weight of currently unpaid reimbursements will determine how quickly the airline sector recovers. It will have an additional impact on the recovery and growth of the market for flight simulators during the course of the projection period.

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Flight Simulator Market – Key Participant Insights

The use of flight simulators in efficient airline crew training has proven excellent, which has pushed airline businesses to use them. Innovative uses of flight simulators for ground crew and cabin crew training will further open up lucrative market potential. To differentiate their products in the market, major market players are utilising these cutting-edge applications, such as air traffic controller training.

Aircraft Simulation Technology (AST) advancements are a well-liked method of product differentiation among market participants. To increase their production capabilities, major players are establishing long-term connections with suppliers, technology partners, and vendors. The competitive environment in the flight simulator industry will be determined by decreasing time-to-market and increasing worldwide footprint.

The Boeing Company, The L-3 Communications Holdings Inc., Flightsafety International, Thales Group, Collins Aerospace, Airbus Group N.V., Indra Sistemas SA, and TRU Simulation + Training are just a few of the major flight simulator industry companies that have been examined in this FMI analysis.

Key Research Findings

  • Adoption of flight simulators for military & defense applications will exhibit a healthy CAGR of 5% during the forecast period, 2020 – 2030.
  • Demand for Fixed Flight Training Devices (FTD) continues to grow strong, on the back of their application in effective pilot trainings.
  • Full Flight Simulator (FFS) sales will grow 1.5X between 2020 and 2030, though at a steady pace.
  • Owing to proliferation of air travellers, especially in developing countries, civil applications of flight simulators will rise 1.4X during period of projection.
  • North America leads the global flight simulator market, with a major revenue share of over 49%.

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Flight Simulator Market: Segmentation

Type

  • Full Flight Simulator (FFS)
  • Fixed Flight Training Devices (FTD)

Application

  • Civil
  • Military & Defense

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Temperature Detection Screen Market Growth, Analysis Report, Share, Trends and Overview 2022-2030

According to a new Future Market Insights (FMI) analysis, sales of temperature detection screens will surpass the value of US$ 1.2 Bn in 2022. The current coronavirus outbreak is going to be a driving force behind the worldwide temperature detection screen market’s remarkable projected growth outlook between 2022 and 2030.

Global Temperature Detection Screen Market Size (2022) US$ 1.2 Bn
Estimated Market Revenue (2030) US$ 4.2 Bn
Forecasted Market Growth Rate (2022-2030) 16.9% CAGR
Healthcare Industry Market Share 24%

The global market for temperature detection screens is currently valued at US$ 1.2 billion and is anticipated to reach US$ 4.2 billion by the end of 2030, growing at an astounding CAGR of 16.9% from 2022 to 2030.

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Key Market Dynamics

Thermal imaging technique is being continuously researched and is one of the key diagnostic technologies incorporated for industrial applications. Such temperature detection screens are playing a major role in the manufacturing industry for detecting faults and anomalies that are otherwise invisible to the naked eye. These benefits are creating potential growth opportunities for the temperature detection screen market.

Furthermore, fusion of intelligent robotics and automation tools with temperature detection screens and thermal imaging equipment helps discover anomaly hot-spots and determine the maintenance strategy. Various industries across the globe have discovered the benefits of incorporating temperature detection screens and related equipment, which is in turn driving the growth of temperature detection screen market.

Key Takeaways of Temperature Detection Screen Market Study

  • Temperature detection screen market in Europe is expected to hold leading revenue by the end of the forecast period.
  • The healthcare, and government and law enforcement industries are estimated to be primary end users in the global temperature detection screen market.
  • Portable/handheld temperature detection screens are likely to register a higher adoption rate compared to their fixed/mounted variants.
  • Infrared thermal scanning cameras are highly expensive and are estimated to witness a lower rate of adoption as compared to contactless temperature detectors.

COVID-19 Pandemic Impact Analysis

The healthcare industry is witnessing considerable upsurge in demand for contactless thermal scanners and temperature detectors. Such temperature detective screens are playing a crucial role on a global scale amidst the ongoing COVID-19 pandemic. The non-contact temperature screening feature helps screen patients while enabling healthcare professional and authorities avoid the contagion.

As the number of COVID-19 infections continues to grow, the healthcare industry is focusing on procuring medical tools and equipment to monitor and contain the spread of COVID-19 virus. This demand for thermal scanners and temperature detection screens is increasing rapidly on a global level.

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Key Segments of Temperature Detection Screen Industry Survey

Temperature Detection Screen Market by Product:

  • Infrared Thermal Scanning Cameras
  • Contactless Temperature Detectors

Temperature Detection Screen Market by Type:

  • Portable/Handheld Temperature Detection Screens
  • Fixed/Mounted Temperature Detection Screens

Temperature Detection Screen Market by End Use:

  • Temperature Detection Screens for Government and Law Enforcement
  • Temperature Detection Screens for Military and Defence
  • Temperature Detection Screens for Transportation and Logistics
  • Temperature Detection Screens for Commercial Spaces
  • Others

Temperature Detection Screen Market by Region:

  • North America Temperature Detection Screen Market
  • Latin America Temperature Detection Screen Market
  • South Asia & Pacific Temperature Detection Screen Market
  • Middle East & Africa (MEA) Temperature Detection Screen Market

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More Valuable Insights on Temperature Detection Screen Market

Future Market Insights offers an unbiased analysis of the global temperature detection screen market, providing historical data for 2015-2021 and forecast statistics from 2022-2030. To understand opportunities in the temperature detection screen market, the market is segmented on the basis of product, type, and end-use across six 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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By the end of 2029, the connected logistics market is anticipated to reach US$47.6 billion.

The market for Connected Logistics is expected to grow from its current value of US$ 22.2 billion in 2022 to US$ 47.6 billion by the end of 2029. Over the projection period, demand for connected logistics is anticipated to grow at an excellent CAGR of 11.5 percent (2022-2029).

Connected Logistics Market Size (2022) US$ 22.2 Bn
Predicted Net Worth (2029) US$ 47.6 Bn
Global Market Growth Rate (2022-2029) 11.5% CAGR
Roadways Market Share 41.4%

FID tags are being adopted more widely as a result of the increased demand for efficient supply chain management. As a result, the connected logistics market is expanding. By the end of 2029, FMI predicts that the market for linked logistics will be worth more than US$47.6 billion.

“To manage inventory and lower operating costs, the logistics sector is embracing technology like artificial intelligence. Key players also use this technology to optimise supply routes, manage networks, and forecast demand. The FMI analysis indicates that artificial intelligence has improved the efficiency of the entire logistics industry.

Key Takeaways of Connected Logistics Market Study

  • While software segment will be in high demand, devices continue to be preferred by consumers across the globe.
  • Roadways will continue to be the preferred mode of transportation through 2029.
  • Retail & consumers industry remains the key end-use area of connected logistics market.
  • North America remains lucrative connected logistics market in view of ongoing digitization process.

Connected Logistics Market – Key Growth Factors

  • Increasing adoption in manufacturing sector is supporting the growth of connected logistics market.
  • Technological advancements in logistics industry such as blockchain technology and Internet of Things are bolstering the market growth.
  • Preponderance of digital sales channels continues to shape the connected logistics market.
  • Rapid tech penetration in Asia Pacific is boosting the regional connected logistics market.
  • Need for real-time data and tracking precise location is pushing the growth of connected logistics market.

Connected Logistics Market – Key Restraints

  • Dynamic competitive structure of connected logistics market presents critical challenges for market leaders.
  • Data security issues associated with cloud-based technologies is limiting the growth of connected logistics market.

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Competitive Landscape

Global connected logistics market is fragmented in nature. Prominent stakeholders profiled in this FMI study include, but are not limited to, Cisco, Infosys Ltd., Intel Corporation, IBM Corporation, SAP SE, and Bosch. Off-highway Vehicle (OHV) and Radio-frequency Identification (RFID) continue to be prioritized by market players. Moreover, enhanced customer retention, personnel safety and better stock are key focus areas of industry leaders. Software component will offer lucrative growth opportunities for key players through the forecast period.

More about the Report

This Future Market Insights study of 388 pages provides all-inclusive insights on the global connected logistics market. The market analysis is based on component (devices, software, and services), transportation (roadways, railways, airways, and seaways), and vertical (manufacturing, IT & telecom, automotive, retail & consumer goods, food & beverages, healthcare, energy & utilities) across six regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa).

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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.

Contact:                        

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Report: https://www.futuremarketinsights.com/reports/connected-logistics-market
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Collaboration Tools Market 2022: Industry Manufacturers Forecasts – Atlassian (Trello), Google LLC, IBM Corporation, Microsoft Corporation, Slack, Dropbox,

The global market for collaboration tools had sales revenue of about US$ 32,307 million in 2021 and is expected to grow at a CAGR of 11.3 percent to US$ 75,508 million by 2029. In terms of market share for corporate software, the market for collaboration tools was about 15%.

 2022 Market Value US$ 35,586 Mn
 2029 Market Value US$ 75,508 Mn
 CAGR% (2022-2029) 11.3%
 Share of Top 5 Market Players 25%

Combining workplace communication tools into one management system results in unified cooperation and communication. It is projected that adoption of these solutions will substantially benefit the market for collaboration tools. Utilizing a variety of tools and technologies, such as cloud architects, instant messaging, voice, video, and audio conferencing, desktop sharing, and telephony calls that enable people to collaborate more effectively anywhere and on any device, unified collaboration and communication tools provide a consistent client experience.

Over the projection period, it is anticipated that the market for collaboration tools would exhibit a CAGR of almost 11%. (2019-2029).

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Key Takeaways of Collaboration Tools Market Study

  • The intranet and portal platform category is likely to account for noteworthy share in the collaboration tools market, as these portals serve as a central hub in offering information as well as incorporating employee’s applications.
  • Based on the deployment, the cloud category is projected to record a remarkable CAGR over the forecast period.
  • SMEs are accepting SaaS collaboration software that is accessible on a subscription base and is scalable and flexible to demands for several employees.
  • In terms of region, the Asia Pacific excluding Japan (APEJ) is anticipated to lead the global collaboration tools market, as the requirement for remarkable collaboration for enhancing workforce productivity and communication is expanding all over several organizations in nations such as India and China.
  • Expanding implementation of the BYOD (Bring Your Own Device) such as smartphones, tablets, etc., the trend in the IT & telecom sector is likely to expand the requirement for collaboration tools to support, manage, and secure devices.

Augmented Reality and Virtual Reality for Real-Time Remote Collaboration

Augmented reality and virtual reality allow real-time remote collaboration goes through for enterprises. Enterprises are utilizing these tools to have informational services based on the location. Additionally, QR codes offer access to information and people regarding the company’s services or products. As distributed teams are turning out to be a norm all over companies, AR and VR technologies are demonstrating to be practicable for communication among employees although the employees are not nearby in the same place. Changing backgrounds, supporting avatars, cataloging body language, and immersive boardroom experiences are a few attributes that VR and AR make possible. VR and AR permit multiuser capabilities where users could join forces to work on product development and design in the digital world.

For example, RealSense provides VR products that could change the background of the content of the live streamer to heighten presentations for all. Also, market players are investing in systems and solutions and are likely to make noteworthy revenue from the BFSI (banking, financial services, and insurance) sector. However, the absence of enterprise-wide collaboration techniques, maintenance costs and high deployment, and data security problems are limiting the expansion of the collaboration tools market.

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Collaboration Tools Market Outlook by Category

By Solution:

  • Platforms
    • Unified Messaging
    • Enterprise File Sharing & Synchronization
    • Portals & Intranet Platforms
    • Project Management Platforms
    • Enterprise Social Networks
  • Services
    • Integration Service
    • Technical Support
    • Consulting

By Deployment:

  • On- premise
  • Cloud

By Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

By Industry:

  • BFSI
  • IT & Telecom
  • Healthcare
  • Travel & Hospitality
  • Retail & e-Commerce
  • Manufacturing
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

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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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Desert Air Cooler Market valuation is set to reach US$ 560.1 Mn in 2022 | 50-60 Lt desert air coolers are gaining traction

The  desert air cooler market valuation is set to reach US$ 560.1 Mn in 2022. Increasing demand for centralized cooling systems is expected to drive sales at a robust 9.2% CAGR, with the market size topping US$ 1346.9 Mn in 2032.

Desert air coolers, also referred to as evaporative air coolers, use the evaporation phenomenon to lower the temperature in the immediate vicinity. A few factors encouraging the growth of the market include rising disposable income and advancing technology.

Traditional air conditioners require more energy and are much more expensive to maintain than evaporative air coolers. Because they are portable, easier to transport, and provide greater convenience and efficiency, evaporative air coolers are currently in the spotlight.

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Key Takeaways from Desert Air Cooler Market Report:

  • The desert air cooler market is expected to rise at a CAGR of 9.2% during the period of 2022-2030
  • The market is predicted to reach a value of US$ 1346.9 Mn  by the end of the forecast period
  • Favorable geographical conditions and willingness among consumers to spend on multi-functional appliances are favoring growth in East Asia and South Asia
  • The 50-60 Lt desert air coolers are gaining traction due to their greater lifecycle.
  • Evaporative air cooler residential models are in high demand and will continue being a top choice among consumers through the forecast period
  • Mini desert air coolers are popular in the market due to their convenient and suitable features.

“Thanks to soaring environmental concerns, consumers are rendered conscientious. Leading brands are therefore focusing on offering innovations to increase energy efficiency of their products. Besides this, they are focusing on improving their online presence to gain competitive advantage,” said a lead analyst at FMI.

COVID-19 Impact Analysis

The COVID-19 pandemic severely affected all sectors, including the desert air coolers market. Bans imposed on travel and transport had disrupted the sourcing of raw materials, bringing production to a halt. The implementation of lockdowns in several countries during the summer decreased sale of commercial air coolers.

Decline in sales caused the price of desert air cooler prices to increase. While the market hit a low in 2020, it is expected to recover and grow at a steady pace due to increasing concerns regarding the environment once the coronavirus passes.

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Who Is Winning?

Key players in the market are now focusing on introducing intelligent technologies in commercial air coolers to increase their convenience. Artificial Intelligence is being incorporated to increase efficiency and improve energy conservation. The introduction of multifunctional air coolers have bode well for the market since they perform better than a cooler, a fan, or a humidifier.

Some of the key players in the market are Fujian Jinghui Environmental Technology Co. Ltd., Bajaj Electricals Ltd., Delta Cooling Tower Inc., Climate Technologies, Havells India Ltd., LG Electronics Inc., Orient Electric Limited, Samsung Group, Symphony Limited, Honeywell International Inc., GE Appliances, Aolan Industry Co. Ltd., Sharp Corporation and Koninklijke Philips N.V.

Competition Landscape

Leading players operating in the global desert air cooler market are launching innovative products enabled with IoT that provide effective cooling with less water consumption. Stringent regulations regarding energy consumption in home appliances are compelling manufacturers to launch energy-efficient variants, which is expected to augment the growth in the market. Some recent developments include:

  • In 2021, Havells launched a new range of desert air coolers with Breatheeze Technology that reduces PM 2.5 and PM 10 particles to almost 85%. The range comes with specially processed anti-bacterial, anti-deformation, and anti-corrosion honeycomb pads with hydrophilic properties that cleanse the air and maintain a hygienic environment.

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Desert air cooler Market by Category

Water Capacity:

  • 30-40 Lt
  • 40-50 Lt
  • 50-60 Lt
  • 60-70 Lt
  • 70 Lt and Above

Price:

  • Premium
  • Mid-Range
  • Economy

Application:

  • Indoor
  • Outdoor

End Use:

  • Residential
  • Commercial
    • Enterprises/Offices
    • Hotels/Restaurants
    • Schools/Universities
    • Retail

Sales Channel:

  • Wholesale/Distributors
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Online Retailers

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • 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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