Surface Water Sports Equipment Market Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects 2030

Sales of water sports equipment is surging and is expected to continue increasing between 2020 and 2030. According to Future Market Insights (FMI), the surface water sports equipment market is a highly lucrative, and well poised to achieve a growth of over 5% over next ten years. Rising interest of people towards adventure water sports will boost sales.

The market is currently driven by frequent product launches and various technological advancements. For instance the advent of electric vehicles in water sports activities will encourage manufacturers to make their launches more interesting to consumers.

Resultantly, companies will focus on offering better technologies and making their equipment high-performing. Studies suggest smaller companies are likely to focus more on innovations to strengthen their footprint in the global market.

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For instance a New Zealand based startup called Manta5 has recently combined electric vehicle’s technology to that of watercraft to offer an exciting new equipment for surface water sports. It has launched a water bike called XE-1, which is built with carbon fiber hydrofoils on an aluminum frame.

The water bike is inbuilt with a propeller that keeps the craft lifted out of the water as the rider picks up speed. It also has a proprietary gearbox connected to a hybrid chain and shaft drive that allows the craft to stay streamlines.

Driven by the slew of product launches witnessed at regular intervals, the global water sports equipment market will exhibit impressive growth. FMI studies the various factors driving the market in detail in its recent market study.

The report offers a comprehensive overview of the global surface water sports equipment market, covering factors enabling growth and key restraints. It offers in-depth insights into the market. Some of these are:

  • North America is expected to record high demand for surface sports water equipment
  • The market is expected to witness growth at a higher pace in East Asia
  • North America, Europe, and East Asia markets are likely to showcase a high degree of competition. Hence companies are expected to focus on technological advancements and product launches to gain edge
  • Advent of electric vehicles and AI will give significant impetus to the market
  • The unprecedented COVID-19 outbreak is expected to hamper growth. Lack of tourism due to the ongoing pandemic crisis might result in plummeting sales of surface water sports equipment

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Surface Water Sports Equipment Market Key Segment

Product Type

  • Paddle Sports Equipment
  • Ski Sports Equipment
  • Board Sports Equipment

Consumer Orientation

  • Adults
  • Kids

Sales Channel

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Exclusive Stores
  • Multi-brand Stores
  • Franchise Sports Chain Outlets
  • Independent Sports Outlets
  • Online Retailers

End User

  • Beginner
  • Intermediate
  • Professional

Price Range

  • Mass
  • Premium

Region

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

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Get Valuable Insights on Surface Water Sports Equipment Market

Future Market Insights, provides an unbiased analysis of the global surface water sports equipment market in its new offering, giving historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights into the market.

In terms of product, the market can be segmented into paddle sports equipment, ski sports equipment, board sports equipment. Based on end user, the market can be segmented into beginner, professional, and intermediate. On the basis of consumer orientation, the market can be bifurcated into adults and kids and based on price range it can be bifurcated into mass and premium. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

Surface Water Sports Equipment Market Who is winning?

Some of the leading companies operating in the global surface water sports equipment market are Paddle Surf, AIRE, Naish International, Rave Sports, O’Brien, BIC Sports, Aqua Marine, Belassi, BomBoard, Starboard, Solstice Sports, Surftech, and Johnson Outdoors.

Companies operating in the market usually focus on innovations. FMI observes a higher spending on research and spending to support product launches. While the market exhibits a presence of a significant number of established companies, it also offers immense prospects for smaller businesses and new entrants.

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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

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Electric Vehicle Motor Market Size, Share, Growth Trends, and Forecast Analysis to 2032

Over the projection period of 2022-2032, the global electric vehicle motor market is predicted to grow at a CAGR of 21.2%, reaching a valuation of more than US$ 396.3 Bn by 2032.

In response to the growing demand for electric vehicles, the EV motor market is anticipated to grow. The adoption of electric vehicles is being fueled by factors such as an expanding urban population, incentives for electric vehicles, falling battery prices, improved transportation infrastructure in emerging and developed nations, and intergovernmental initiatives for electric vehicles.

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Adverse effects of hydrocarbon, rising fuel prices, reduced long-term costs to end-users, and increasing awareness about environmental concerns are some of the key factors boosting the demand for electric vehicles and motors. Rising preference for cutting-edge technologies and low maintenance costs among consumers push the demand for electric vehicles and their components.

Consumer demand for automated motors is growing as a result of the incorporation of new technology into products, which will accelerate the expansion of the global market for electric vehicle motors. Manufacturers are now producing innovative motors that are more effective than manual processes as a result of advancements in automation and research.

“Stringency in vehicular emission regulations across various countries, along with subsidies and incentives offered by government authorities to promote the adoption of electric mobility solutions will fuel growth in the market,” says an FMI analyst.

Key Takeaways:

  • At a CAGR of 20.8%, AC electric vehicle motor is estimated to be the most lucrative segment under product type from 2022 to 2032.
  • By power, up to 100 kW and above 200 kW EV motors together are projected to hold over 70% of the total market share in 2022.
  • Based on EV Type, BEV and HEV together will hold more than 85% of the total market share in 2022.
  • By 2032, South Asia & Pacific is expected to have the largest share of the global market, accounting for more than 23% of the value share.
  • From 2022 to 2032, the U.S. is estimated to offer the biggest absolute dollar opportunity of more than US$ 38.0 Bn.

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Competition Landscape

Some of the key EV motor manufacturers include Mahle GmBH, General Electric, Kirloskar Electric, Delta Electronics Inc., Bosch Mobility, ABB Ltd, Siemens AG, Nidec Motor Corporation, Toshiba Corporation, Zytek Automotive Ltd, Parker Hannifin Corp., and Vitesco Technologies.

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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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.

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Marine Fuel Filter Market Brief Forecast and Analysis by Top Key Players to 2032

Marine Fuel Filters are considered to be an essential component for an engine. Marine fuel filters avoid fuel contamination, in the form of water, which may find its way into the fuel injection system. With increasing fuel injection pressure, even a small amount of contamination may lead towards severe problems. Marine fuel filters are finds its application in different types of engines; whether four stroke or two stroke, in-board or out-board. Marine vessels, such as ships and carriers, have migrated more and more to the two-stroke engine. While four-stroke ships still exist, the two stroke engines are becoming more optimal and cost-efficient for the companies.

The marine fuel filter market is anticipated to grow at a CAGR of 5.05 percent from 2022 to 2032, rising from US$ 1006.4 Mn in 2022 to US$ 4001.7 Mn in value.

Smaller vessels, like the outboards and personal boats, also use two stroke engines, especially with the onset of highly customizable fuel injections for these engines. Owing to the several essential requirements, the demand for durable and efficient Marine Fuel Filter is estimated to witness significant growth during the forecast period. This in turn is anticipated to substantially contribute to the growing market of Marine Fuel Filter across the globe.

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Marine Fuel Filter Market: Dynamics

In order to expand the combustion efficiency of a marine engine, high injection pressure is required. This has led to the increased demand for high pressure fuel injectors. Injection pressure from 1,000 bar to as high as 2,200 bar are trending in marine engines. However, increased fuel injection pressure has enlarged the stress applied on the fuel injector and other related parts, including marine fuel filter, high pressure lines and fuel pump. This may lead to the increased rate in the repair, replacement and maintenance for fuel injection system and related parts in marine vessels, subsequently driving the demand for marine fuel filter market across the globe.

Marine Fuel Filter Market: Regional Outlook

Countries in the Latin American region such as Brazil, Argentina, Costa Rica, Honduras have long coast lines. Moreover, similar geographical advantage is enjoyed by countries of the SEA and Pacific region such as Malaysia, Thailand and Indonesia. Owing to this the marine and coastal tourism activity are on a boom in such countries. Growing middle class population along with increase in the disposable income, the spending on marine tourism and water sports has increased considerably in the past years. The same trend is expected to be followed in the coming years. Relatively large fleet for passenger watercrafts in North America is expected to fuel the growth for marine fuel filters market during the forecast period

Marine Fuel Filter Market: Key Participants

Examples of some of the market participants identified across the value chain of the global Marine Fuel Filter market include:

  • Parker-Hannifin Corporation
  • WASP PFS Ltd
  • Moeller Marine Products
  • Seaboard Marine
  • Perfect Marine & Industrial Filters
  • Donaldson Company, Inc

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The report covers exhaustive analysis on:

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

Regional analysis includes:

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

Marine Fuel Filter Market: Segments

The global Marine Fuel Filter market has been segmented by Fuel Type, by Vessel Type, by Fit Type and by Engine Type

By type of Fuel Filtered, the global Marine Fuel Filter market is segmented into

  • Gasoline Marine Fuel Filter
  • Diesel Marine Fuel Filter

By type of vessel, the global Marine Fuel Filter market is segmented into

  • Personal Watercraft and Sailboats
  • Passenger Vessels
  • Fishing Vessels
  • Naval and Coast Guard Vessels
  • Service Vessels
  • Cargo Vessels

By type of Engine, the global Marine Fuel Filter market is segmented into

  • Two Stroke Marine Engine
  • Four Stroke Marine Engine

By type of Fit, the global Marine Fuel Filter market is segmented into

  • First Fit
  • Retro Fit

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Report Highlights:

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

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About 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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Fabric Stain Remover Market is Predicted to Increase at a CAGR of 5% by the end of 2030

The global fabric stain remover market to exhibit a CAGR of 4.7% between 2020 and 2030. In its report, FMI offers an executive-level blueprint of the market and examines the prevailing trends.

Fabric Stain Remover Market Size (2022) US$ 10 Bn
Market Revenue Forecast (2030) US$ 14.56 Bn
Global Market Growth Rate (2022-2030) 5% CAGR
Market Share of Liquid Stain Removers 33.4%

An increasing number of fabric stain remover brands are currently aiming at determining effective strategies for building brand repute. Coupled with this, companies such as Colgate-Palmolive Company, Procter & Gamble Co., Unilever PLC, Reckitt Benckiser Group PLC, and Henkel AG & Co. KGaA, are launching improved versions of their products.

The market, which until a couple of years ago was embroiled with criticism surrounding the use of chemical enzymes, is currently witnessing a slew of product launches – most of them eco-friendly. Steered by shifting consumer preferences, more companies are eliminating synthetic chemicals to offer cleaner ingredient list.

There also is ample focus on ensuring sustainable methods of disposal. Hence natural ingredients are preferred to ensure when disposed of in the environment, these stain removers don’t cause water or soil pollution.

With the demand for organic and eco-friendly products showing no signs of slowing down, FMI projects the fabric stain remover market to surpass a valuation of US$9.24 Bn by 2020. Some of the leading brands are launching stain removers containing biodegradable ingredients such as coconut oil and mineral based surfactants and plant-based enzymes.

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Ban on Use of Harmful Chemicals Will Spur Application of Natural Ingredients

Use of chemical compounds such as nonylphenol ethoxylate are banned in Canada and across several countries in Europe. The chemical is believed to mimic the estrogen in human body, thus causing hormonal imbalance which may negatively affect reproductive systems.

Stringent laws implemented across various countries curtailing the use of harmful chemicals has ushered an era of new dawn in the fabric stain remover market. To retain their existing consumers and expand global footprint, most companies are adhering to such stringent compliances.

This paradigm shift in manufacturing process will aid in the expansion of the market. Future Market Insights offers insights into some of the key trends prevailing impacting growth. These include:

Companies are likely to focus on improving their online presence. Among distribution channels FMI projects online channels to exhibit a higher pace of growth, yet offline channels are likely to continue leading the market
Rising demand for innovative laundry care products will catapult Europe to the forefront. It is expected to remain dominant regional market for fabric stain removers through the course of the forecast periodLiquid fabric stain removers are expected to remain consumer favorite among product types, constituting more than 30% of the global market

“Leading companies are expected to focus on building their brand image. Therefore, they are likely to invest in aggressive promotion and marketing strategies to create a positive brand perception in consumers’ mind,” said a lead analyst at FMI

COVID-19 Outbreak Has Fuelled Demand for Cleaning and Hygiene Products

The home care industry is currently at the receiving end of the unprecedented COVID-19 outbreak. With stay at home orders sweeping across nations, overall spending in discretionary products has plummeted.

Meanwhile, the demand for cleaning and hygiene products has surged. More companies are now focusing on strengthening their online distribution network, which has been one of the positive influences of the pandemic.

While supply chain disruptions may stunt growth rate witnessed in the market, FMI expects it to bounce back once the coronavirus passes. The current scenario, if anything, has changed consumer behaviour for better.

They are more conscious towards maintaining personal hygiene and a healthy environment, which will ultimately boost sales in the fabric stain remover market.

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Who is winning?

Some of the key players operating in the fabric stain remover market Procter & Gamble Co., Colgate-Palmolive Company, Unilever PLC, Reckitt Benckiser Group PLC, Henkel AG & Co. KGaA, Amway Corporation, S.C. Johnson & Son Inc., Kao Corporation, LG Household & Health Care Ltd., Church & Dwight Co., Inc., Lion Corporation, Oxychem Corporation, Wings Corporation, Blissful Industrial Corporation, Alen USA LLC, and Caldera Inc.

An increasing number of market players are expected to invest in research and development activities to launch innovative products. Some of the recent product launches witnessed in the market are:

In January 2020, The Procter and Gamble Company introduced Ariel Downy Pink (Ariel know for stain remover) variant to expand its offerings in the Kenya market. The product incorporates the stain removal techniqueIn 2019, CR Brands released the new OxiClean Stain Remover PenIn 2019, Kao Corporation announced the launch of concentrated liquid laundry detergent “Attack ZERO “.

Key Segments of Fabric Stain Remover Industry Survey

Fabric Stain Remover Market by Product:

  • Powder
  • Bars/Blocks
  • Pacs & Tablets
  • Liquid
  • Others (Sprays, Gels, etc.)

Fabric Stain Remover Market by Nature:

  • Conventional Fabric Stain Removers
  • Organic Fabric Stain Removers

Fabric Stain Remover Market by Price Range:

  • Economy/ Mid-range Fabric Stain Removers
  • Premium Fabric Stain Removers

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Fabric Stain Remover Market by End Use:

  • Household
  • Commercial
    • Hotels & Restaurants
    • Hospitals
    • Long-term Care Centers
    • Others

Fabric Stain Remover Market by Sales Channel:

  • Direct Sales of Fabric Stain Removers
  • Indirect Sales of Fabric Stain Removers
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Independent Small Stores
    • Discounted Stores
    • Online Sales Channels
    • Others

Fabric Stain Remover Market by Region:

  • North America Fabric Stain Remover Market
  • Latin America Fabric Stain Remover Market
  • Europe Fabric Stain Remover Market
  • East Asia Fabric Stain Remover Market
  • South Asia & Pacific Fabric Stain Remover Market
  • Middle East & Africa (MEA) Fabric Stain Remover Market

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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 Us:        
Future Market Insights
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Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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Railcar Unloader Market : Value Chain, Stakeholder Analysis and Trends by 2032

Unloading bulk material from rail is often a difficult and dirty job; it is often labor-intensive, slow, messy, noisy and unsafe. For that purpose, railcar unloader machines are used to unload materials such as cement, coal, metal, oil, ash and others from rail cars. Railways are the cheapest and safest mode of transferring material from one place to another. Over the years, the rail car industry has grown tremendously as the shipments of crude oil and commodities have increased by 100% and the same growth is expected in the near future.

The global Railcar Unloader market is projected to expand at 8.2% CAGR during the forecast period between 2022 and 2032, as per Future Market Insights (FMI).

As per FMI, Railcar Unloader market is expected to dominate the global market during the forecast period. Railcar Unloader market is projected to top US$ 3,559.4 Mn by 2032.

In addition, emerging rail regions, such as Latin America or Africa/Middle East, contribute to market growth through the continued development of rail systems and infrastructure.
Mega trends such as increasing safety & security concerns, globalization, urbanization or sustainability have a positive effect on the demand for rail parts & solutions. Additionally, the industry is also transformed by significant investments in rail infrastructure, rail services and control, the rail supply market has grown significantly. Therefore, railcar unloaders will play a significant role in unloading material from railcars.

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Railcar Unloader Market: Driver

Globally, the growing need for transporting commodities in a more cost-effective manner for various industries is projected to fuel the demand for railcars. In addition, an increase in the number of various construction projects is anticipated to impact the growth of the global market significantly. As these unloaders are also used at construction sites for the unloading of bulk materials from railcars, these factors are expected to eventually upsurge the demand for railcar loaders during the forecast period.

Railcar Unloader Market: Restraint

Factors such as railcar derailments, strict government regulations and growing oil pipeline infrastructure are expected to hamper the demand for railcars and, in turn, hinder the growth of the railcar unloader market. In addition, limitations associated with the lack of availability of rail tank cars may also affect the demand for railcar unloaders during the forecast period.

Railcar Unloader Market: Trend

Manufacturers are focusing on innovation in product technology to sustain their share in the railcar loader market. For instance, nowadays, unloaders have a working noise level of less than 70 dBA and are available from multi-positioned minor units to single-positioned larger units that are designed to unload a unitrain in four to five hours. This is a trending opportunity for railcar unloader manufacturers.

Railcar Unloader Market: Regional Outlook

Economies such as China and India depend on the rail transportation of goods to support their economic growth. Mainly in India, railcar transportation plays a significant role in carrying goods across the country. China, on the other hand, has taken up BRI (Belt initiative) to connect China with major Euro-Asian countries. Attributing to these factors, Asia Pacific is expected to hold a major share in the railcar unloader market during the forecast period. On the other hand, North America already has a vast & well-established railcar transport network with not many major developments in the market. Therefore, North America is not expected to register any significant growth in the railcar unloadermarket market. Also, with increased Chinese investments in the rail network across various parts of Africa, the Middle-East & Africa region is expected to witness a steady growth rate in the railcar unloadermarket during the forecast period.

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Railcar Unloader Market: Market Participants

Loading platform canopies are often provided by loading platform manufacturers and account for most of the market share globally. Examples of some of the market participants/vendors identified in the railcar unloader market around the globe are:

  • Kinergy Corporation
  • Jamieson Equipment Co.
  • Process Control Corporation
  • The ACT Group
  • NPK
  • Airmatic Inc.
  • Scherzer GmbH

Regional analysis includes:

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

Key Segments Profiled in the Railcar Unloader Industry Survey

By Type:

  • Rotary railcar dumpers railcar unloaders
  • Turnover railcar dumpers railcar unloaders
  • C-Shaped railcar dumpers railcar unloaders

By Unloading Material:

  • Solid Material (Railcar Unloader)
    • Frozen Material
    • Metal
    • Coke
    • Ash
  • Liquid Material (Railcar Unloader)
    • Petrol
    • Oil
    • Diesel
    • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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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
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Online Grocery Market to grow at an Impressive 23% CAGR by the end of 2030

The global online grocery is projected a massive 23% year-on-year growth for the online grocery market between 2020 and 2030. In its latest report, FMI studies the scope for expansion of the market across the globe and examines investment feasibility in key segments.

Online grocery shopping has been popular among younger generation, but COVID-19 outbreak pulled this novel form of shopping to mainstream. Apart from millennial, which account for more than 32% of the global population, online grocers also witnessed sizable traction from new customer archetypes. These customer groups were geriatric and sub-urban consumers. Witnessing traction from such a diverse customer archetype, online grocers also worked on their offering and expanded the portfolio of products and inventories.

Driven by the increasing consumer spending, improving rate of employment and overall economic growth, online grocery shopping has spurred. Several brands have reported a Multifood surge in sales as a direct consequence of strategies undertaken to boost their online presence and portfolio.

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Following e-commerce boom, online grocery shopping is gaining momentum – a trend which is unlikely to subside in the near future. FMI offers valuable insights into the online grocery market. Some of these are:

  • Personalized and smart packaging are likely to dominate the online grocery shopping scene. FMI’s data, revealing that packed food has comfortable lead over other product types, reiterates the same observation
  • Presence of a high percentage of millennial has sealed East Asia’s position as a highly lucrative market for online grocery
  • Subscriptions segment is poised to surge at a higher CAGR among purchaser type. Subscription based online shopping is expected to gather steam as consumers look for better convenience and personalized solutions

Economists at FMI says that online grocery shopping is one of the fastest growing sectors in the U.S. retail. As the number of online shoppers grow it is expected that e-retailers would focus on unique strategies. For instance, many of established e-retailers are partnering with small and medium service providers who would help them with door-step delivery to consumers.

 Besides leveraging strategic collaborations, several e-retailers are innovating smart packaging solutions to improve overall purchase experience. QR codes are often used to offer special discounts and coupons to customers.

Overall, there is increasing focus on digitizing solutions to cater to the changing consumer needs. For instance, Amazon.Com Inc. has invested heavily in the development of its integrated and high-tech logistics. Through this, it intends to expand its network and geographical footprint.

With several innovations and technological developments underway, the online grocery market is poised to surge exponentially in the near future.

COVID-19 Outbreak Ushered a New Dawn for Online Shopping

COVID-19 outbreak has ushered a new era for online shopping. The unprecedented spread of the virus brought about several changes in consumer behavior. There is at least one spending shift that is bound to stick around even after coronavirus passes: buying grocery online.

The U.S., China, and India exhibit a high demand for groceries. Instant gratification has remained the unique selling proposition (USP) of brick and mortar stores, giving them an edge against online shopping. The table has however turned in favor of online grocery.

Stay-at-home orders have affected just over 300 million Americans, changing their retail habits forever. In the wake of COVID-19 pandemic, daily ecommerce sales nearly doubled itself between March and April.

Grim sales outlook following the COVID-19 outbreak and onslaught brought about by ecommerce behemoths have compelled even the most formidable brands to rethink their strategies.

Target and Walmart are two retailers holding themselves up against the perils brought about by the pandemic. Both had realized that online grocery was the key to avoid further wounds by Amazon.com a long ago. Accordingly, they invested in improving their online presence.

This robust uptake of online grocery shopping among consumers is not a phrase rather experts believe this could might as well be a reflection of permanent change in consumer behavior.

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Who is winning?

Some of the key players operating in the online grocery market are Amazon.com Inc., Walmart Inc., The Kroger Co., Peapod LLC, Fresh Direct LLC, Target Corporation, Publix Super Markets Inc., Best Buy Co. Inc., Instacart, Costco Wholesale Corporation, Safeway Inc., Carrefour S.A., Tesco PLC, Edeka Group, Aldi, Alibaba Group, JD.Com, Honestbee, Grofers India Pvt. Ltd., Avenue Supermarts Ltd. and among others.

Several online grocery/ e-retailer companies are entering into strategic partnerships with prominent retailers to cater to the growing demand for groceries and other essential items.

  • Walmart Inc. has entered into a strategic partnerships with four third-party delivery providers which are Point Pickup, Skipcart, AxleHire, and Roadie to help the company provide on-time delivery to its customers
  • In India Domino’s Pizza, Uber, Rapido, Swiggy, Zomato, and other have ventured into grocery delivery in collaboration with online grocers such as BigBasket and Grofers and retail chains such as Big Bazaar and Spencer

Market Segmentation

The global online grocery market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Packed Foods
    • Snacks
      • Chips & Crisps
      • Salty Snacks
      • Dried Fruits
      • Mixed Nuts
      • Popcorn
    • Baked Products
      • Cookies
      •  Cakes & Pastries
      • Breads & Rolls
      • Frozen Desserts
      • Confectioneries
    •  Breakfast & Cereal
      • Cereal & Breakfast Bars
      • Granola & Muesli
      • Energy Boosting Breakfast
      • Others (Syrups, Pancakes, etc.)
    •  Ready to Eat Foods
      • Instant Noodles
      • Pasta
      • Sandwiches
      • Smoked Fish
    •  Ready to Drink Beverages
      • Aseptic Juice
      • Iced Tea
      • Flavored Milk
      • Soft Drinks
      • Energy Drinks
      • Instant Coffee
      • Canned Sodas
      • Non-Alcoholic Drinks
    •  Dairy Products
      • Milk
      • Yogurt
      • Cheese
      • Butter
      • Others
    •  Staples & Cooking Essentials
      • Salt & Spices
      • Sauces
      • Coffee/ Tea Powder
      • Pickles
      • Oils/ Vinegar
      • Honey/ Jam
  • Fresh Produce
    • Fruits & Vegetables
    • Meat & Seafood

Purchaser Type

  • One Time Purchase
  • Subscription

Delivery Type

  • Home Delivery
    • Company Owner Stores
    • Third-Party Stores
  • Click & Collect

End User

  • Individuals
  • Distributors

Region

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

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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

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Global Small Kitchen Appliances Market is Predicted to Increase US$ 134.23 Billion During 2022- 2030

The global small kitchen appliances market is estimated to be valued at US$ 102.31 Bn in 2022 and expected to expand at 3.5% CAGR during the forecast period of 2022-2030.  Health and fitness awareness and usage of environment-friendly products are the latest trends observed in almost every industry, which has a direct or indirect impact on consumers and the environment.

This trend is also observed in the cookware industry where consumers are increasingly demanding green or sustainable products, which will cause no harm to the surrounding environment. Due to the growing need of sustainable kitchen appliances, many new trends have emerged in the market.

As an example, gas cooktops use less energy than electric ones, but they do release carbon monoxide, carbon dioxide, and nitrogen dioxide into the air which harms the environment. Chefs around the world prefer eco-friendly pans that will not put the health of consumers at risk.

Cuisinart’s green gourmet non-stick cookware is an example of it. It consumes less energy and reduces harmful carbon emissions. Spurred by these factors the small kitchen appliances market is expected to witness a steady growth in the coming years.

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Key Takeaways from the Small Kitchen Appliances Market Study

  • East Asia is expected to dominate the global small kitchen appliances market owing to large population base which are more inclined towards healthy & home cook food. Small kitchen appliances market is primarily dominated by small cooking appliances due to growing food easting habit in home which further creates demand for small cooking appliances such as cooker, deep fryer, toaster etc.
  • According to FMI, residential sectors are expected to see higher sales of small kitchen appliance as compared to commercial sector however HoReCa (hotel, restaurant, café) segment is anticipated to expand at highest CAGR during the forecast. Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period.
  • Modern trade (hypermarket/ supermarket) is considered as the largest sales channel in terms of value share in the global small kitchen appliances indirect sales channel. Hypermarket/Supermarket is anticipated to dominate the global market owing to high product variety of multiple vendors at competitive price range.
  • The small household appliances industry is thriving immensely through increased sales on e-Commerce platforms, owing to advantages such as ability to compare prices of products, brands, and product variety, and ability to read reviews of other consumers. The e-Commerce industry is reshaping the global retail market. Growing interest for online purchasing is driving the industry forward. The facility of product comparison of different vendors has led to higher online sales.

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Small Kitchen Appliances Sales Are Gaining Traction Globally owing to High Product Awareness, and New Innovative Product Launches

Technology advancements, energy efficiency, cost, and quality of the products are major factors drive consumers’ purchasing preference. The advent of e-commerce industry and wide availability of different offline sales channel such as modern store (hypermarkets/supermarkets, specialty stores etc.) supports the industry from supply side.

Growing health consciousness, increasing consumers with cooking as hobby, growing television programs and cooking recipes on YouTube and other online platforms push the consumers towards home food which is resulting as an increased demand for small kitchen appliances across the world.

Market to Recover as Soon as Economies Return to Normalcy Post Coronavirus

Covid-19 which originated in China has now spread all over the world. Except essential products and services, all businesses are temporarily closed. As per World Economic Forum, The US and Eurozone’s economies are expected to recover to its full swing until 2023. The small kitchen appliances market is also affected due to Covid-19 pandemic as production are temporarily suspended, physical stores are closed.

Online platforms also face challenges in product delivery due to country lockdown, and low availability of stocks. However, initiatives taken by the respective country governments have checked the growth rate of people getting infected. This shows positive sign of normalcy in coming quarter for few countries such as China, India etc.

 Who is winning?

Some of the key players operating in the Small Kitchen Appliances market are Whirlpool Corporation, Panasonic Corporation, Groupe SEB, Electrolux AB, BSH Hausgeräte GmbH, Haier Group, LG Electronics, Dongbu Daewoo Electronics, Samsung Electronics, Breville, Miele, Koninklijke Philips N.V., Conair Corporation and others.

Several leading foot care product players are launching new innovative products to expand their footprint and product portfolio. At present, manufacturers are focusing on R&D, merger & acquisition and partnership activities to come up with new technologies which can change the market landscape of Small Kitchen Appliances.

  • In Nov 2019, Caraway Home launched eco-friendly, non-toxic and non-stick materials cookware set.
  • In Sept. 2019, Philipps had launched Keurig K-Duo coffee machine in three variants.

Key Segments of Small Kitchen Appliances Industry Survey

Small Kitchen Appliances Market by Product:

  • Small Cooking Appliances
  • Food Preparation Appliances
  • Beverage Making Appliances

Small Kitchen Appliances Market by Price Range:

  • Mass Small Kitchen Appliances
  • Premium Small Kitchen Appliances

Small Kitchen Appliances Market by End Use:

  • Residential Small Kitchen Appliances
  • Commercial Small Kitchen Appliances

Small Kitchen Appliances Market by Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarkets/ Supermarkets
  • Multi-brand Stores
  • Independent Stores
  • Online Stores
  • Others

Small Kitchen Appliances Market by Region:

  • North America Small Kitchen Appliances Market
  • Latin America Small Kitchen Appliances Market
  • Europe Small Kitchen Appliances Market
  • East Asia Small Kitchen Appliances Market
  • South Asia & Pacific Small Kitchen Appliances Market
  • Middle East & Africa (MEA) Small Kitchen Appliances Market

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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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Male Colour Cosmetics Market Rising at a very high CAGR of 13.9% During Forecast Period 2022 – 2029

The market for male colour cosmetics is presently estimated to be worth roughly US$ 15.42 billion, and by 2029, it is expected to grow at a very high CAGR of 13.9 percent to reach US$ 38.41 billion.

Approximately 4% to 8% of the worldwide cosmetics market is currently occupied by male colour cosmetics. Men are using cosmetics more frequently than women do, which is boosting demand in the global market for male colour cosmetics.

Male Colour Cosmetics Market Size (2022) US$ 15.42 Bn
Revenue Forecast (2029) US$ 38.41 Bn
Global Market Growth Rate (2022-2029) 13.9% CAGR
Face Products Market Share 40.7%

Globally, rising internet penetration and adoption of e-commerce are the factors expected to fuel the revenue growth of global male colour cosmetics market, owing to growing number of customers using digital technology for mobile transactions and purchasing various products through online platform.

In order to capitalize on millennial that are tech-savvy, companies in male colour cosmetics market are engaged with consumers through the use of social media and other digital avenues to advertise their products and increase the market share via online sales revenue.

Increasing online sales and use of e-commerce for selling FMCG products in North America, East Asia, and South Asia has led to surge the growth of B2C business in the consumer goods sector. Over the years, consumers’ behaviour has drastically changed and are more inclined towards researching about products online and purchasing various products such as men lips sticks, men foundation creams, and other products through e-commerce.

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Key Takeaways from the Male Colour Cosmetics Market Study

  • According to the report, key market players are likely to focus on the product penetration Latin America and South Asia. Manufacturers of male colour cosmetics are shifting their focus toward natural and organic ingredient in the products. Increasing awareness coupled with look conscious behaviours of men with regard to men’s colour cosmetics is one of the major reasons for men to opt for natural and organic products. To target this untapped group, companies are developing novel products with natural ingredients, which in turn is expected to boost the demand for male colour cosmetics in the near future. Moreover, product advertisement related to customer sentiments is the key strategy adopted by male colour cosmetics companies.
  • The Latin America is forecasted to witness high growth rates due to increasing company’s penetration in the region and increasing product awareness among men in the region. Strengthening sales channels in the Latin America and Middle East & Africa is anticipated to create significant expansion opportunities for players in the global male colour cosmetics market.
  • E-commerce sales channel is estimated to generate high revenue in the forecasted years for the male colour cosmetics market owing to increasing internet usage among consumers.

Celebrity Endorsement to Inspire Consumer’s Buying Behaviour

An emerging trend in the male colour cosmetics market is the increasing number of key players appointing various celebrities from the field of sports and films to endorse their products, with an objective to influence consumers to adopt the same. For instance, David Beckham & L’Oréal has entered into a partnership for male product promotion under the brand ‘HOUSE 99’.  The brand is engaged in offering Natural Bronzing Effect Moisturising Gel.

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Who is winning?

Some of the key players operating in the male colour cosmetics market are as L’oreal, War Paint, Koh Gen Do, Calven Klein, 4VOO, Glossier Inc., Guerlain, Hourglass, Formen Inc., Mens MakeUp, Menaji Worldwide LLC, Chanel and others

Several leading market players are engaged in partnership with other stakeholders to increase their product offering across the world. Moreover, companies are engaged in product innovation, launches, and advertisement on social networks to promote their products.

  • In 2018, Chanel launched its first make-up line for men, ‘Boy De Chanel’. The product launch comprises of an eyebrow pencil, a foundation and other products.

Key Segments of Male Colour Cosmetics Industry Survey

Male Colour Cosmetics Market by Product:

  • Lip Products
  • Face Products
    • BB Creams
    • CC Creams
    • Concealers
    • Blotting Powders
    • Beard Colour Sticks/Pens
    • Face Foundations
  • Eye Products
    • Under Eye Concealers
    • Kohl
    • Eyeliners
    • Eyebrow Pencils
  • Other Products

Male Colour Cosmetics Market by End User:

  • Individual Products
  • Commercial Products

Male Colour Cosmetics Market by Nature:

  • Natural/Organic Colour Cosmetics
  • Synthetic Colour Cosmetics

Male Colour Cosmetics Market by Price Range:

  • Premium Colour Cosmetics
  • Mass Colour Cosmetics

Male Colour Cosmetics Market by Sales Channel:

  • Hypermarkets/Supermarkets
  • Speciality Stores
  • Drug Stores
  • Online Retail
  • Department Stores
  • Beauty Stores
  • Multi-brand Stores
  • Direct Sales

Male Colour Cosmetics Market by Region:

  • North America Male Colour Cosmetics Market
  • Latin America Male Colour Cosmetics Market
  • Europe Male Colour Cosmetics Market
  • East Asia Male Colour Cosmetics Market
  • South Asia & Pacific Male Colour Cosmetics Market
  • Middle East & Africa (MEA) Male Colour Cosmetics Market

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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

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Reusable Incontinence Products Market is Expected to rise at a CAGR of 5.9% by 2030

The market for reusable incontinence products is expected to reach US$ 616.9 Mn in 2021, according to a recent analysis by Future Market Insights (FMI). Disposable incontinence products have traditionally dominated the market. Consumer preferences have changed from throwaway and simple-to-use products to washable, reusable, and environmentally friendly products as a result of the recent wave of sustainability.

The environment is sacrificed in order for modern absorbent hygiene products (baby diapers, adult incontinence, and feminine hygiene products) to improve quality of life, offer excellent protection, and promote the skin health of millions of people. The use of absorbent hygiene products (AHPs) has significantly expanded and they are now considered necessary daily items in society.

The waste from incontinence systems is made up of roughly 53% water, 30% wood fibre, 11% plastic, 2% Super Absorbent Polymer (SAP), and 4% excrement and other materials. Using waste treatment technologies to recover fibres, plastics, and super-absorbing polymers is a blatant example of sustainable development. Manufacturers have embraced the equally effective but more environmentally friendly strategy of using reusable incontinence products in an effort to minimize the burden of waste accumulation, which has increased market demand.

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Focus on Sustainability to Have Considerable Impact

To attract customers, manufacturers are integrating a sustainable strategy into the development of their products. Brands advise mixing and matching the usage of reusable and disposable products to increase the sustainability of the strategy for overcoming incontinence without sacrificing the effectiveness and convenience of the products’ use.

Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity. Additionally, consumers are starting to expect complete openness from companies that make personal care products regarding their sourcing techniques, goods, ingredients, and sustainability policies.

More companies are figuring out how to transform their own brands through sustainability-focused goods, services, and customer experiences as a result of the mounting pressure on these brands and manufacturers to demonstrate their commitment to social and environmental responsibility.

According to NHS Inform (2020), between three and six million individuals in the UK have urine incontinence, and as risk factors for incontinence rise, so will consumer demand for continence solutions. Additionally, the principle of “reduce, reuse, recycle” is stressed.

This shift in consumer purchasing preferences has prompted market participants to promote innovation and broaden their product lines, thereby reaching previously untapped markets and boosting demand over the predicted period.

Reusable briefs have a substantial market share in terms of product type, followed by reusable incontinence pads. The increased demand for reusable pads and liners is due to their economic viability and practical use in conjunction with regular undergarments.

Key Takeaways from the Reusable Incontinence Products Market Study

  • Reusable incontinence products sales to surge at a consistent pace, exhibiting 5.9% CAGR between 2021 and 2031
  • Rising cases of urinary incontinence fuelling sales in the U.S., which will account for nearly 85% of North America market
  • Increasing internet penetration and expansion of online retailing supporting growth in Germany and France
  • Rising geriatric population creating lucrative scope for expansion in China
  • High cost of incontinence products might remain a key challenge in India

“Manufacturers operating in the market are focusing on offering greater sustainability. Product launches have therefore become common. These are primarily intended to offer improved patient care”says an FMI analyst.

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Who is winning?

Key playersin the reusable incontinence productsmarketareKimberly-Clark Corporation, The Proctor & Gamble Company, MediFabrik SRL, Cardinal Health, Inc., Essity AB, Medline Industries, Inc., Ontex International N.V., Attindas Hygiene Partners, Activ Medical Disposable, Paul Hartmann AG, Nexwear, Prime Life Fibers, Royal Medical Solutions, Inc., Abena Group, Unicharm Corporation, Prevail, and Dryloch Technologies NV, among others.

Targeted and unique product offerings are being introduced into the market in order to attract the attention of a specific community. For instance, Depend and Poise brands of Kimberley-Clark developed guards and shields to assist the needs of male sufferers of light bladder leakage deal with the condition. The products are designed to fit a man’s body and can be worn securely in man’s own underwear.

Earlier, men with light bladder leakage were neglected by the industry resulting in the use of products designed initially for women. Such targeted product innovations on the manufacturer’s end have taken the onus for improved personal hygiene across demographics.

Reusable Incontinence Products Market by Category

Product Type

  • Adult Cloth Diaper
  • Reusable Incontinence Pads
  • Reusable Underpads
  • Reusable Briefs

End User

  • Men Reusable Incontinence Products
  • WomenReusable Incontinence Products
  • KidsReusable Incontinence Products

Price Range

  • Mass/ Economic (US$ 10-75) Reusable Incontinence Products
  • Premium (US$ 75 & Above)Reusable Incontinence Products

Size  

  • SmallReusable Incontinence Products
  • MediumReusable Incontinence Products
  • LargeReusable Incontinence Products
  • X-Large Reusable Incontinence Products

Sales Channel

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Departmental Stores
  • Mono brand Stores
  • Specialty Stores
  • Drug Stores
  • Online Retailing
  • Others

Region

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

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Reusable Incontinence Products Market by Category

Product Type

  • Adult Cloth Diaper
  • Reusable Incontinence Pads
  • Reusable Underpads
  • Reusable Briefs

End User

  • Men Reusable Incontinence Products
  • WomenReusable Incontinence Products
  • KidsReusable Incontinence Products

Price Range

  • Mass/ Economic (US$ 10-75) Reusable Incontinence Products
  • Premium (US$ 75 & Above)Reusable Incontinence Products

Size  

  • SmallReusable Incontinence Products
  • MediumReusable Incontinence Products
  • LargeReusable Incontinence Products
  • X-Large Reusable Incontinence Products

Sales Channel

  • Direct Sales
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Departmental Stores
  • Mono brand Stores
  • Specialty Stores
  • Drug Stores
  • Online Retailing
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and 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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Pet Dietary Supplements Market is projected to rise at a CAGR of 7.1% by 2030

Future Market Insights (FMI) in a new study has projected the pet dietary supplements market to record impressive growth. According to the report, the market will reach a valuation of US$ 3.78 Bn by 2021.Pet humanization is a growing trend where owners are treating their pets as counterparts and wanting to provide their pets with best nutrition for their wellbeing. With pet ownership becoming widespread. Pet parenting or pet humanization has been fuelling the demand for pet dietary supplements.

This trend is being mirrored in the high frequency of the launch of innovative formulations in the market. According to Pet Food Processing, 45 new nutritional products for pets were launched in 2020. The pet owner’s love for their pets is driving the demand for pet dietary supplements, besides the fact that supplements ensure that the pets receive proper nutrition, which off-the-shelf pet foods might be void of. Additionally, pet dietary supplements find demand among the millennial care takers.

Millennial, who account for a majority of pet owners, also think that pets deserve the same treatment as small children, thus explaining the demand for pet dietary supplements. Natural and organic pet supplements are becoming increasingly popular. Herbs and superfood are being incorporated into the pet supplements, which will aid the overall market expansion.

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Probiotic Supplements to Be Highly Sought-after

As in case of humans, probiotic supplements for dogs are used to aid digestive health and regularity. Probiotic nutritional supplements facilitate the regulation of the good bacteria in the digestive system that helps to break down dog food so that nutrients can be better extracted. The probiotic supplements can also inhibit the growth of harmful bacteria that can make both humans and dogs sick, an example of which is E. coli.

Obesity is a growing health problem among pets, encouraging an increasing number of veterinary practioners to open weight-loss clinics. According to the Association for Pet Obesity Prevention, 59% of cats and 54% of dogs in the U.S. were overweight or obese in 2016, and this concern has increased over the recent years. Weight management is trending within the pet industry and dietary changes are being taken care of so as to regulate the pet weight and ensure its health.

This change in consumer buying preference has encouraged the players in the market to focus on innovation and expand the portfolio, tapping the unexposed segments of the industry and as a result escalating the demand over the forecast period. FMI in its latest study has forecast the market to rise at a CAGR of 7.1% between 2020 and 2030.

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Key Takeaways from the Pet Dietary Supplements Market Study

FMI in its latest study has forecast the pet dietary supplements market to rise at a CAGR of 7.1% between 2020 and 2030The U.S. will continue exhibiting strong demand and account for nearly 88% of the North America market.

The demand from the U.K. will remain steady as FMI projects it to exhibit 3.8% Y-o-Y growth in 2021Increasing pet ownership will support growth in Germany and FranceJapan and South Korea will emerge as key markets in East Asia”Consumers’ awareness regarding pet health is rising, which in turn is increasing the demand for pet dietary supplements. Moreover, increasing focus of companies on advertisement and promotion of pet dietary supplements is positively aiding expansion of the market,” said an FMI analyst.

Disruptions Caused Due to COVID-19 Impacting Sales

The current pandemic outbreak has posed numerous challenges on the part of supply side and demand side. The temporary regulation imposed by regional governments to restrict the movement has impacted supply chains drastically. Besides this, the spectacular shift from discretionary spending to essential goods has further negatively impacted the market growth.

E-Commerce is redefining the commercial activities around the world. In fact, the Covid-19 pandemic and lockdown effects have tipped the involvement of e-Commerce within all industries. The segment of population not prevalent with internet retailing has also adopted it, it being the only resort. There is a lot of opportunity for companies and online services to work together to offer greater engagement to consumers.

Who is winning?

A few of the key players in the pet dietary supplements market are Nestle SA, Mars Incorporated, NOW Foods, Blue Buffalo Co Ltd., Ark Naturals, Virbac, Novotech Nutraceuticals, Inc., Zoetis, PetAG, Inc., VetClassics and GNC, among others.

Companies operating in the market are increasingly investing in product development with an aim to gain a competitive advantage over other players operating in the market.

Pet Dietary Supplements Market by CategoryProduct Type

  • Glucosamine
  • Probiotics
  • Multivitamins
  • Omega-3 fatty acids
  • Others

Application

  • Joint Health
  • Digestive Health
  • Weight Management
  • Skin and Coat Health
  • Dental Care
  • Others

Form

  • Capsules
  • Tablets
  • Powder
  • Others

Form

  • Dog
  • Cat
  • Horse
  • Others

Sales Channel

  • Wholesalers & Distributors
  • Modern Trade
  • Convenience Stores
  • Multi-brand Stores
  • Pet Specialty Stores
  • Online Retailing

Region

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

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