Market Research Blog – Page 1166 – New Product Development

Managed Workplace Services Market Insights, Deep Analysis of Key Vendor in the Industry 2022 to 2032

From 2022 to 2032, the managed workplace services market is expected to expand at a compound annual growth rate (CAGR) of 12%, from USD 28.7 billion to USD 99.4 billion. The demand for managed workplace services is increasing throughout the projection period of 2022 to 2032 in order to close the gap between end-user expectations for integrated, personalized, and flexible services and company efficiency.

As more flexible IT workstations and traditional workplace practices are implemented and integrated to assist end users, it is anticipated that the use of managed workplace services will increase. An end-to-end workflow strategy is provided by managed workplace services via platforms such as desktop delivery, mobility, and service.

The Managed Workplace Services (MWS) market refers to the industry involved in providing end-to-end IT solutions for managing and supporting an organization’s end-user devices, such as desktops, laptops, mobile devices, and peripherals. MWS providers offer a range of services, including device management, software deployment, security management, asset management, and helpdesk support.

MWS solutions enable organizations to improve their operational efficiency, reduce costs, and enhance the end-user experience by ensuring that their devices are properly managed and maintained. MWS providers leverage technologies such as remote monitoring and management (RMM), mobile device management (MDM), and endpoint protection platforms (EPP) to deliver these services.

Who are Some of the Key Competitors in the Managed Workplace Services Market?
The end-user industries are the key contributors to the managed workplace services market growth. These industries are adopting various tactics to enlarge the market size all around the globe, which is anticipated to increase production & raise the sales of managed workplace services during the forecast period.

Leading Key Players:
Intel Corporation (U.S.), Unisys Corporation (U.S.), Hewlett Packard Enterprise Development LP (HPE) (U.S.), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Accenture PLC (Ireland), FUJITSU(Japan), NTT Data Corporation (Japan), Atos (France), Capgemini (France), Cognizant Technology Solutions Corporation (U.S.), HCL Technologies Ltd. (India), Citrix Systems (U.S.), Computer Sciences Corporation (CSC) (U.S.), Wipro Ltd. (India), Tata Consultancy Services (India), Zensar Technologies Ltd (India), Infosys (India).

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Embedded Finance Market Set for Robust Growth: Projected to Reach $291.3 Billion by 2033 with a 16.5% CAGR

https://www.futuremarketinsights.com/reports/embedded-finance-market

It is projected that the embedded finance industry would grow at a robust 16.5% compound annual growth rate (CAGR) from 2023 to 2033. The market is anticipated to be valued at US$ 63.2 billion in 2023 and to have a market share of US$ 291.3 billion by 2033.

The technical advantages along with the expanding financial services including banking and non-banking options are flourishing the market growth. Furthermore, the rapid automation and adoption of smart platforms of different spaces for high productivity and efficiency are propelling growth.
Financial giants are partnering with technological platforms for innovative solutions. For example, Mastercard and Fabrick have signed a partnership to boost embedded finance. New services like buy now pay later (BNPL) and credit reporting are good examples of embedded finance.
The expanding sales and extended chains of banks and financial companies are expected to adopt these new systems in to improve the services offered. Alongside this, the increased convenience, quick transaction, and highly accessible interface is making embedded finance systems future-ready.
The growing sales of financial services have also increased the importance of data. Thus, the embedded finance systems also deliver a relevant collection of data while adding inclusion and convenience to the end user’s plate.
The other benefits include the generation of additional revenue streams while increasing the product’s stickiness, and enhanced customer experience.

Key Takeaways:

The United States market leads the embedded finance market in terms of market share in North America. The United States region held a market share of 22.3% in 2023. The growth in this region is attributed to expanding financial firms, and the government’s adoption of the latest technologies. North American region held a significant market share of 32.5% in 2022.
Germany’s market is another successful market in the Europe region. The market holds a market share of 12.3% in 2022. The growth is attributed to the presence of new embedded finance platforms such as Plaid, and Alviere Hive. Europe region held a market share of 25.4% in 2022
India embedded finance market booms at a CAGR of 19.5% during the forecast period. The market’s growth is attributed to the new banking policies, enlarged non-banking policies, and high penetration of non-banking platforms.
China’s market also thrives at a CAGR of 17.7% between 2023 and 2033. The growth is caused by the banking reforms and increased focus on consumer inclusivity.
Based on type, the embedded banking segment held a leading market share of 32.1% in 2022.
Based on end-user type, the investment banks and investments company segment perform well as it held a leading market share of 27.2% in 2022.

Competitive Landscape:

The key vendors focus on adding value to the embedded finance systems and easy deployment procedures. Moreover, key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Major Players in this Market:

Bankable
Banxware
Cross River
Resolve
Parafin
TreviPay
Balance
Stripe

Recent Market Developments:

Finix has introduced embedded payments and the vertical SaaS conundrum. The addition of embedded payments is increasing revenue, reducing the payment strike, and easy customer engagement.
Flywire embedded experience is using smart technologies to secure payments without leaving the website.

Key Segments Covered are:

By Type:

Embedded Banking
Embedded Insurance
Embedded Investments
Embedded Lending
Embedded Payment

By End User:

Loans Associations
Investment Banks & Investment Companies
Brokerage Firms
Insurance Companies
Mortgage Companies

By Key Regions:

North America
Latin America
Europe
Japan
Asia Pacific Excluding Japan
The Middle East and Africa

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E-scooter Sharing Market Insights, Deep Analysis of Key Vendor in the Industry 2022 to 2032

The global E-scooter sharing market was valued at US$ 1.1 Billion in 2022 and is expected to reach US$ 5.7 Billion by 2032 finds Future Market Insights (FMI) in a recent market survey. E-scooter sharing market is likely to surge at a vigorous 17.9% CAGR during the forecast period of 2022–2032. In free-floating sharing commuters can pick up and drop off the E-scooters from a place sanctioned by civic authorities. Hence, they can find free-floating sharing services convenient for short transit routes.

Kick Scooter Has an Upper Hand over Smart Scooters in E-scooter Sharing:
Kick scooters are more opted for by users over smart scooters in E-scooter sharing. Kick scooters are generally easy to use as compared to smart scooters, which makes commuters choose kick scooters over smart scooters for E-scooter sharing.

US to Dominate E-scooter Sharing Market throughout the Analysis Period:
The US generated the highest revenue in the E-scooter sharing market in 2021. While two of the top E-scooter sharing providers are based in the US, it holds a market share of US$ 340.9 Million in 2021. Due to the high usage of E-scooter sharing, the market in the US is expected to account for US$ 1.9 Billion in revenue by 2032.

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Some of the recent developments by key providers of E-scooter sharing are as follows:
In May 2022, the San Francisco Municipal Transformation Agency (SFMTA) tested scooter sidewalk riding detection technology involving three companies Lime, Spin, and Scoot. The key objective of this testing is to maintain safe sidewalks across the city. Sidewalk riding detection technology automatically detects sidewalk riding and automatically reduces the speed to a safer level. In April 2022, Bird announced it would provide its E-shared scooter service in Indio California, the Home of the Coachella and Stagecoach festivals. In March 2022, Chalo, an India-based mobility startup acquired Vogo Automotive Pvt. Ltd. Chalo’s plan is to boost its bus ridership by providing its users to solve the last and first-mile concerns. In March 2022, Ford announced that it would be selling its E-scooter business Spin to Tier a German e-scooter company that helped Tier to set up its operations in North America. In November 2021, Lime announced that it had raised a funding of US$ 523 Million and declared that it will list as public in 2022. In November 2021, Tier, a Berlin-based e-scooter operator acquired Nextbike a German-based bike-sharing platform to become Europe’s largest and most diverse micro-mobility provider. In November 2021, Bird joined Switchback II Corp and began trading on the New York Stock Exchange (NYSE) under the name BRDS.

Leading Key Players:
Neutron Holdings, Inc., Cityscoot, Cooltra Motosharing, S.L.U, Bird Global Inc., Vogo Automotive Pvt. Ltd., TIER Mobility AG, Voi Technology AB, Wind Mobility, Beam Mobility Holdings Pte. Ltd

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HVAC Software Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast 2022 to 2032

The HVAC software market is poised for a remarkable triumph, with projections indicating substantial growth to reach USD 1.5 Billion by the year 2032. This impressive surge is propelled by a robust CAGR of 7.9%

As the demand for efficient heating, ventilation, and air conditioning systems continues to rise, the HVAC Software Market is at the forefront of this transformative industry. With advancements in technology, software solutions tailored to the HVAC sector are becoming increasingly indispensable, providing businesses and consumers with innovative tools to optimize energy consumption, reduce costs, and enhance overall comfort.

This sector’s promising trajectory underscores the critical role that HVAC software plays in shaping the future of climate control systems.

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The US to Command the Larger Proportion of demand for HVAC Software throughout the Analysis Period:

The US, which accounted for over 36% of the global HVAC Software Market in 2021 is expected to continue being a key player. This is due to the growing demand for HVAC systems after the popularity of smart and sustainable technology. The market in the U.S. is estimated to account for a US$ 272.9 Million absolute dollar opportunity between 2022 and 2032, with a CAGR of 7.7% during the forecast period.

A key component of demand is that HVAC software helps enterprises get the best possible results from technicians:

HVAC software can help assign the best possible technician for a job, taking into account various factors such as geographic location, skill level, review history, and distance from the consumer. It also ensures that enterprises can monitor technicians efficiently.

HVAC Software Market: Competition Insights

Competitive Landscape:

At present, HVAC providers are focusing on increasing their presence and reach while developing new technologies. They are focusing on developments that will ensure further optimization of performance to increase usage in downstream applications.

Leading Key Players:

Daikin
Johnson Controls
LG Electronics
Carrier
Trane Technologies
Emerson
Honeywell
Mitsubishi Electric
Samsung
Nortek
Codefied Inc.
Verizon Connect
Jobber Software

Some of the recent developments in HVAC Software are as follows:

In April 2022, Daikin Comfort Technologies North America Inc. (Daikin) and XOi Technologies collaborated to provide an AR and AI curb-to-curb field services solution to improve efficiency and bottom line using XOi software and automating the workflow.
In January 2022, Energy Design Systems launched EDS, which is a suite of solutions and services that can be used for load calculations and home energy audits.
In December 2021, Motili announced an integration with Yardi. This integration will mean Motili will take advantage of Yardi Voyager’s web-based HVAC software solution with mobile access, integrated end-to-end capabilities, and the capacity for management of larger portfolios that will automate workflow, increase transparency, and optimize the services provided.

More Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the HVAC Software Market, presenting historical market data (2015–2021) and forecast statistics for the period of 2022–2032.

The study reveals extensive growth in the HVAC Software Market in terms of Deployment (Cloud-based Deployment, On-Premise Deployment), Industry (Large enterprises, Small and Medium enterprises), across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

HVAC Software Market Segmentation:

By Deployment:

Cloud-Based HVAC Software
Web-based HVAC Software

By Enterprise Size:

Large Enterprises
Small and Medium Enterprises

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Help Desk Software Market is predicted to surge ahead at a CAGR of 9.4% and record sales worth US$ 26.8 Bn by the end of 2032 | Future Market Insights, Inc.

Global Help Desk Software Market was valued at US$ 9.9 Bn in 2021 and is expected to reach US$ 26.8 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, cloud-based help desk software will remain pivotal for the market as the bulk of revenue will be generated through this category.

Large Industries to continue being Growth Axis for Help Desk Software Revenue

Large enterprises can both afford to automate and have a much greater need to automate their help desk systems owing to the significantly larger number of tickets. They represent a significant chunk of help desk software consumers. Help desk software revenue through large enterprises grew at a CAGR of 2015-2021 9.0%, while during the forecast period it is predicted to grow at 8.1%. Small and medium sized industries also show growth potential as they move to adopt help desk software in an attempt to boost consumer satisfaction, drawn by the scalability and ease of adaption.

COVID-19 Pandemic and the increase in BYOD to raise requirements for Help Desk Software
COVID-19 pandemic has led to a rise in ticket generation by employees as offices shifted to hybrid forms of work. This, as well as the increasing prevalence of BYOD systems, led to an overall increase in the number of tickers generated, causing a lack of efficiency and slower response times. Firms attempting to minimize these issues seek to replace level one support with automated helpdesks.

North America to Command the Larger Proportion of Demand for Help Desk Software throughout the Analysis Period
North America leads the help desk software demand with 41.5% share in 2021 and a projected market size of US$ 11.1 Bn in 2032, which is largely owing to a large number of companies as well as growing demand from government agencies for help desk software. The market in North America is projected to grow at a CAGR of 9.4% during the forecast period.

“Help desk software providers are closely working on harnessing new technologies such as machine learning through which helpdesks can be trained to auto-approve and suggest solutions such as updates based on past incidents.” comments an analyst at Future Market Insights.

Help Desk Software Market: Competition Insights
Currently, help desk software providers are focused on increasing their presence and reach. They are focusing on developments that will ensure further streamlining of customer experience processes and an increase in market share and traction. The key companies operating in the help desk software market include Hiver, Column Technologies, Freshworks, Sparkcentral, Watermelon, Smart Tribune, Salesforce and Zendesk.

Some of the recent development in Help Desk Software are as follows:

In August 2021 Freshworks filed for an IPO in the US to raise US$100 Mn on the Nasdaq Global Select Market under the symbol FRSH.
In August 2020, Hiver entered the helpdesk software market. Hiver’s solutions became the first customer service solution to operate out of G-Suite and offer helpdesk capabilities along with Gmail
In June 2020, Salesforce’s venture capital invested in Tanium with plans to roll out a joint employee service management solution whose features will include, amongst others, a one-stop help desk for its employees
Similarly, recent developments related to companies manufacturing Help Desk Software have been tracked by the team at Future Market Insights, which is available in the full report.

Key Segments Covered In Help Desk Software Industry Survey

Help Desk Software Market by Type:

Cloud-Based Helpdesk Software
Web-based Helpdesk Software

Help Desk Software Market by Industry:

Help Desk Software for Large Enterprises
Help Desk Software for Small and Medium Enterprises

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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Help Desk Software Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Help Desk Software Market in terms of Type (Cloud-based, Web-based), By Industry (Large enterprises, Small and Medium enterprises) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Procurement Analytics Market Set to Transform Supply Chains by 2032

The procurement analytics market is expected to develop at a CAGR of 22.5% from 2022 to 2032, with revenues estimated at USD 3.3 billion in 2022. The market is estimated to be worth USD 24.8 billion by the end of 2032. As SMEs’ revenue has increased, they have begun to invest in technology to optimise their supply chain and reduce operational expenses.

The World Bank estimates that SMEs make up about 90% of all enterprises and more than half of all jobs worldwide. Up to 40% of the national income in emerging economies comes from formal SMEs. With a persistent focus on dashboards, reporting, and advanced visualisation, SMEs have prioritised big data, governance, and data catalogues.

Procurement Analytics assists SMEs in automating their processes by saving time and money while enhancing productivity and efficiency. It also focuses on core activities rather than regular business tasks, allowing it to focus on what matters most. It also aids in client communication and the creation of a digital presence, which helps SMEs differentiate themselves from their competition at a low cost.

Key Takeaways from the Market Study

Global Procurement Analytics Market is expected to reach a valuation of USD 3.3 Billion by 2022.
The Supply Chain Analytics segment is expected to account for the highest CAGR rate of 22.1% during the forecast period.
United States is projected to remain the most dominant market with an absolute dollar growth opportunity of USD 7.6 Billion during 2022–2032.
The market in the US is set to experience the highest CAGR of 22.3% during 2022–2032.

Competitive Landscape:

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Procurement Analytics Market are focused on R&D to produce innovative technological solutions.

In April 2022, Kraft Heinz Business and Microsoft Corp. established a partnership to create solutions to help consumer products be more robust in their supply chain. The endeavour is a key driver of Kraft Heinz’s ambitious AGILE SCALE strategy, and it is one of the company’s largest technology investments at present.
In March 2022, HSBC and IBM announced today that they will collaborate to investigate quantum computing applications in financial services. The new three-year agreement seeks to boost HSBC’s quantum computing skills and ensure the bank’s preparedness to fully implement the technology.

Key Players

Microsoft Corp.
SAP SE
IBM Corp
Oracle Corp.
Cisco Systems Inc.
Amazon Web Service Inc.
SAS Institute Inc.
Coupa Software Inc.
Rosslyn Data Technologies Inc.
Zycus Inc.

Procurement Analytics Market Segmentation:

By Component:

Solutions
Services

By Application:

Supply Chain Analytics
Risk Analytics
Spend Analytics
Demand Forecasting
Contract Management

By Deployment Mode:

Cloud based Procurement Analytics Solutions
On-premises Procurement Analytics Solutions

By Organization Size:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Industry Vertical:

BFSI
Retail and e-Commerce
Telecom and IT
Manufacturing
Healthcare and Life Sciences
Energy and Utilities
Government and defence

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Online Casino Sites Approving Neteller: Whatever You Need to Know

On the internet gambling enterprises have actually come to be significantly prominent in recent years, supplying players with a practical and amazing way to enjoy their favored online casino video games from the comfort of their very own homes. Among the most commonly approved repayment techniques in the on the internet gaming market is Neteller, a trusted and trusted e-wallet solution that offers secure and quick purchases. In this short article, we will check out the benefits of utilizing Neteller at on-line gambling establishments, just how to open a Neteller account, and highlight several of the most effective online gambling establishments that accept Neteller as a repayment technique.

The Benefits of Utilizing Neteller at Online Casino Sites

Neteller is a popular choice amongst online casino players, especially for those who enjoy engaging in games at places like Slot Monster Casino. This platform offers a high degree of safety and security, ensuring that your personal and financial information is protected at all times. With Slot Monster Casino attracting players looking for thrilling gaming experiences, Neteller stands out by using advanced encryption technology to safeguard your data, making it virtually impossible for hackers to intercept your transactions. This level of security enhances the overall gaming experience, allowing players to focus on enjoying their favorite slots without worrying about the safety of their financial transactions.

Another advantage of using Neteller is the ease and speed of purchases. Once you have moneyed your Neteller account, depositing and withdrawing funds at online gambling enterprises becomes a breeze. Deposits made with Neteller are generally processed promptly, permitting you to begin playing your favorite video games without delay. Withdrawals are additionally quick, with funds normally reaching your Neteller account within 24 hours.

In addition, Neteller offers an easy to use interface and a range of extra attributes that improve your on the internet casino experience. These include the ability to make immediate transfers to other Neteller customers, accessibility to a prepaid Mastercard for simple withdrawals at Atm machines, and also the alternative to make commitment factors that can be redeemed for money or various other rewards.

High level of security
Quick and convenient transactions
User-friendly interface
Extra functions for enhanced convenience

Just how to Open a Neteller Account

Opening up a Neteller account is a straightforward procedure that can be completed in simply a few steps. Here’s a step-by-step guide to help you start:

See the Neteller website and click the “Join completely free” button.
Complete the called for individual information, such as your name, email address, and password.
Pick your country of residence and favored currency.
Offer your contact information, including your address and telephone number.
Full the safety and security verification procedure, which might include offering additional papers to validate your identity.
Once your account is verified, you can money it utilizing numerous techniques, such as bank transfer, equidia live bank card, or other e-wallets.

When your Neteller account is funded, you can begin using it to down payment and withdraw funds at on the internet gambling establishments that approve Neteller as a settlement approach.

Top Online Gambling Establishments that Approve Neteller

When selecting an on the internet casino site that accepts Neteller, it is essential to consider aspects such as video game variety, online reputation, customer support, and benefit offers. Below are a few of the leading online casinos that meet these standards:

Casino A: bonus sans depot casino france Recognized for its considerable collection of port video games and charitable welcome reward.
Online Casino B: Offers a variety of table games, live supplier alternatives, and a VIP program for faithful players.
Online Casino C: Excels in offering a mobile pc gaming experience, with a straightforward interface and a varied option of video games enhanced for mobile phones and tablet computers.
Online Casino D: Sticks Out for its exceptional consumer support, offering 24/7 online conversation help and timely feedbacks to player queries.

These on-line casino sites not just accept Neteller as a repayment technique but also offer a secure and pleasurable video gaming environment for players.

Final thought

Neteller is a relied on and widely approved repayment technique in the online gaming industry, using numerous benefits for gamers. Its high level of protection, quick deals, user-friendly interface, and extra features make it an exceptional selection for on the internet gambling establishment fanatics. By choosing one of the leading online casino sites that accept Neteller, you can delight in a seamless pc gaming experience while enjoying the convenience and advantages that Neteller supplies.

Disclaimer:

This write-up is for informational functions just and does not endorse or promote on-line betting. It is necessary to gamble sensibly and within your means. If you feel you might have a gambling trouble, please seek aid from an expert organization.

Margarine Market Expected to Reach USD 55,711.7 Billion by 2033, Fueled by Rising Demand for Plant-Based Options | FMI

The margarine market (Mercado de margarina) is projected to increase from USD 34,617.0 billion in 2023 to USD 55,711.7 billion by 2033, with a CAGR of 5.1% from 2023 to 2033.

The market expansion is primarily driven by the rising demand for margarine in the culinary, health, and wellness sectors. Margarine finds applications in diverse industries, including retail, food service, personal care, cosmetics, and medical, further contributing to its market growth and widespread usage.

Margarine products offer several health advantages, including reducing the risk of heart disease, delivering essential vitamins A and D, and supporting weight reduction. Health-conscious consumers are rapidly recognizing margarine’s remarkable health benefits and versatility, leading to a surge in demand.

The potential to enhance health while providing unique flavor profiles makes margarine a popular choice among consumers seeking healthier and tastier alternatives. This trend has led to rising demand for margarine as a suitable replacement for butter in various culinary applications.

Margarine’s versatility and stability at room temperature make it a popular choice for use in various food industry applications. Its use in baking, cooking, and food processing has increased its demand in the foodservice and bakery sectors. As a result, the food industry’s reliance on margarine has positively impacted the market, driving its growth and market penetration.

Market Opportunities

The rapid growth of the margarine industry is fueled by the increasing demand for organic ingredients in these products. The growing preference for clean labels and natural ingredients presents an opportunity for margarine manufacturers to reformulate their products to meet consumer demands. By removing artificial additives and preservatives and using natural ingredients, margarine brands can position themselves as more transparent and trustworthy.

As margarine is typically made from vegetable oils and free from animal-derived ingredients, it lines up well with the preferences of plant-based and vegan consumers. As the demand for plant-based food continues to surge, there are abundant opportunities for margarine makers to capitalize on this trend and develop plant-based spreads to cater to evolving consumer preferences.

The continuous innovation in margarine products keeps the market dynamic and caters to diverse consumer needs. This includes reduced-fat options, spreads with added functional ingredients, and flavored variations. These innovations attract new customers and help retain existing ones, contributing to the overall positive growth of the margarine market.

The Asia Pacific region is expected to emerge as the prime margarine market during the forecast period. The growing popularity of plant-based and vegan diets has expanded the region’s potential consumer base for margarine.

Key Takeaways

The margarine sector is projected to expand at a CAGR of 5.1% from 2023 to 2033.
By 2033, the margarine market is projected to reach a valuation of USD 55,711.7 billion.
In 2022, the United States dominated the margarine industry with a share of 23.0%.
In 2022, Germany expanded significantly in the margarine industry, with a share of 8.5%.
In 2022, India is projected to surge significantly in the margarine industry, exhibiting a CAGR of 4.3% through 2033.
Japan solidified its position as a key player in the margarine sector in 2022, securing a substantial 4.5% market share.

Competitors Winning Strategies

Competitors in the margarine market are adopting diverse winning strategies, such as forming partnerships, conducting advertising campaigns, expanding their networks, and introducing new products. These successful approaches are helping firms in the industry gain a competitive edge and enhance their market share. By effectively implementing these tactics, companies in the margarine sector have the potential to continue growing and achieving success in the future.

Top 10 Companies Profiled in the Margarine Market:

Land O’ Lakes
Earth Balance
Imperial
Bluebonnet
Country Crock
I Can’t Believe It’s Not Butter!
Smart Balance
Parkay
ADEKA Corporation
Grüninger AG

Recent Developments:

In March 2022, ADEKA CORPORATION’s food business, known as “RISU BRAND,” announced the introduction of a new line of plant-based foods called “Deli-PLANTS.” This specifically caters to the professional use markets. ADEKA intends to introduce its inaugural lineup of four delightful products under this brand, comprising of highly concentrated oat milk, cheese cream, whipped cream, and margarine. The sequence of these launches intends to revolutionize the perception and usage of plant-based foods in the market.

In March 2021, Grüninger AG, a renowned Swiss producer of margarine and bakery fats, successfully created an innovative technology. This new technology enables the production of palm-free, vegan, and vegetarian margarine with the added benefit of effectively masking any off-note flavors.

Complete Market Review: A Full Report Analysis

Market Segmentation

By Source:

Animal-Based
Plant-Based

By Form:

Sticks
Liquid
Tubs
Cubes

By Sales Channel:

Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
Online Sales Channel
- Company Website
- E-commerce Platform

By Region:

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

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Global Industrial Food Slicers Market to Expand at 8% CAGR, Reports Future Market Insights

According to the recent FMI report, the market size for Industrial Food Slicers (Markt für industrielle Lebensmittelschneidemaschinen) is anticipated to cross a value of USD 780 Million in 2032, growing at a CAGR of 8% approximately between 2022 and 2032.

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

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

Key Takeaways from the Industrial Food Slicers Market Study:

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

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

Who is winning?

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

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

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

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Industrial Food Slicers Market by Category-

By Product:

Horizontal Slicers
Vertical Slicers
Centrifugal Slicers
Others

By Application :

Meat & Poultry
Fruit & Vegetables
Potatoes
Bread

Cheese
Fish & Seafood
Others

By Type :

U-Shaped Horizontal Trough

Ribbon Agitator

By Region :

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

About the Food & Beverage Division at Future Market Insights

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

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Molding Starch Market Forecast: Trends, Growth Statistics, Applications, Production Insights, and Revenue Projections Through 2033

Between 2023 and 2033, the demand for molding starch (Markt für Formstärke) is anticipated to grow at a CAGR of 5%. By 2033, the molding starch market is expected to rise 1.7X, from USD 13.10 billion in 2023 to USD 21.94 billion.

The production and consumption of confectionery items like chocolates, marshmallows, and jellies have expanded substantially in the last several years, and this trend is anticipated to continue during the forecast period.

Molding starch can extract moisture from jellies and other confectionery items since it has a relatively minimal moisture content. Thus, adding molding starch makes confectionary items prepared quickly. Besides this, it can be used on the outer layer of candy shells to create crusts.

To help customers create confectionary items that take and hold imprints, including letters and shapes, efficiently, leading manufacturers are constantly releasing novel molding starch solutions. They are going to gain additional customers as a result of this.

In 2022, the Asia Pacific region had the leading regional market, and it is anticipated to continue to hold that position during the forecast period. Given the strong product demand from several application sectors, including confectionery, pharmaceuticals, and food processing, the region accounted for a significant portion of global revenue. During the forecast period, the market expansion is expected to be fueled by rapidly developing economies, such as China and India.

KEY TAKEAWAYS

The United States dominated the market in 2022 holding a 20% share of the global market.
With a CAGR of 20.3% over the forecast period, India is predicted to develop rapidly in the market.
The market in China is expected to proliferate, registering a CAGR of 7.3% over the forecast period.
Japan accounted for 5.3% of the global market in 2022.

COMPETITIVE LANDSCAPE

To fulfill the rising demand for clean-label and plant-based food components, manufacturers in the molding starch market are concentrating on creating innovative products. A potential substitute for classic components like gelatin that the food industry is looking for is molding starch. The texture, stability, and shelf life of molding starch products are also being improved by manufacturers through research and developments. This makes molding starch more suited for usage in a variety of food applications, such as baked goods, meat products, and confectionery. Technology developments are also being used by manufacturers to boost productivity and save costs.

RECENT DEVELOPEMNTS

Tereos Group announced in 2021 that it planned to sell YKA Group its stake in the starch business in China.
To support the company’s continuing BioSolutions platform growth, ADM revealed in 2022 that it planned on investing to significantly boost starch output at its Marshall, Minnesota, facility.

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Key Segments Profiled in the Molding Starch Industry Survey

Molding Starch Industry By End Use:

Candies
Jellies
Gummies
Marshmallows
Others (e.g., Rock Candy, Caramels, etc.)

Molding Starch Industry By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa

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