Ponceau 4R Colors Market is Anticipated to Garner a Predicted Valuation of US$ 1,917.8 Million by 2032

The global ponceau 4R food colors market is set to witness growth at a CAGR of 2.7% and top a market valuation of US$ 8.2 Mn by 2032. Currently, the market stands at US$ 6.1 Mn by value. Ponceau 4R is a strawberry red azo dye which is used in a variety of food and beverage products.

FMI study indicates that synthetic food colors will account for nearly US$ 1.06 Bn of sales in the global market by the end of 2032. Out of this, the ponceau 4R colors market will have a market share of 0.9% by 2032. By volume, the market had a consumption of 1300 metric tonnes globally in 2021.

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The global azo dyes market of which the ponceau 4R colors are a part, is influenced by growing demand for innovative, unique-looking food dishes, and changing taste and food preferences. This trend has been complemented further due to the increasing use of photo-sharing social media worldwide.

The synthetic food colors market is for the masses and is widely used by the food processing industry across the world, unlike natural food colors which is a niche market. Ponceau 4R, also called new coccine, cochineal red A, and brilliant scarlet 4R is a synthetic black diazo that is highly effective and easily imparts intense uniform color in food and beverage products at a faster pace.

The global ponceau 4R food colors market is dominated by the Indo-China region and Brazil. An increase in consumer discretionary income in regions such as the Middle East, South America, Asia Pacific, and Africa has made it easier for customers to consume more ready-to-eat processed food products augmenting the demand for ponceau 4R.

Ponceau 4R is banned in the U.S. while the European acceptable daily intake (ADI) is 0.7 mg/kg. Such regulations across developed countries and potential side effects remain a key restraint to the ponceau 4R colors market.

“Companies producing ponceau 4R would gain significantly by targeting the confectionery and baked foods sectors. Establishing strategic alliances with global candy, confectioneries, savory snacks, viennoiseries, and bakery food brands would immensely help these artificial food colorant brands,” says an FMI analyst.

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Key Takeaways:

  • The Asia-Pacific Ponceau 4R market exhibited sales of 342 metric tons by volume in 2021 and is expected to grow at 2.37% CAGR, one of the highest among regions, between 2022 and 2032.
  • In Europe, the Middle East, Africa, and India profiled as the EMEAI region, the demand for Ponceau 4R food colors is expected to grow at 1.8% CAGR between 2022 and 2032, while the Indian Subcontinent is poised to have a revenue of USD 450,000 by 2032.
  • The North America ponceau 4R food colors market is upheld only by Canada and Mexico as the food colorant is banned in the U.S. The North America market totaled US$ 371,200 in 2021.
  • By application, the candy and confectionery industry holds the highest market share of roughly 22%.
  • The meat and poultry industry’s consumption of ponceau 4R was US$ 237,000 in 2021.

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Competitive Landscape

Ponceau 4R food color manufacturers are investing in research and development to reduce side effects, minimize barriers to entry by convincing regulators in the market, while simultaneously making the product more appealing to consumers. Besides this, they are focusing on better supply channels using the latest software technology as China and the East is major suppliers for reactive, disperse, and many other azo dyes like Ponceau 4R

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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India Online Grocery Market: Strategy Overview, Sales Outlook and Marketing Strategy with Competitive Analysis-2032

The India online grocery market size has been estimated at USD 4,540.0 Million in 2022 and is projected to grow at a CAGR of 32.7% from 2022 to 2032, reaching USD 76,761.0 Million by that time which surges the India online grocery market key trends and opportunities.

The India online grocery market has experienced tremendous India online grocery market growth over the past few months as a result of changing consumer lifestyles, increasing urbanization, and the tech-savvy generation that favours online shopping.

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People are increasingly using customizable and practical online platforms for grocery shopping rather than going to their local vendors as a result of growing disposable incomes and busier lifestyles, hence escalating the India online grocery market future trends.

Following the COVID-19 outbreak, the preference for grocery product delivery via the internet became more obvious. Consumers are shifting their attention to online grocery shopping due to the social distancing standards because it is not only convenient but also a safer option which results in the boosting of the India online grocery adoption trends.

In the upcoming years, the India online grocery market is expected to experience significant India online grocery market growth. Consumers are increasingly purchasing their regular groceries from a variety of online platforms thanks to initiatives like no contact delivery and online payment.

The dependence of consumers on the online platform has significantly increased as a result of the safety concerns surrounding the coronavirus and a sizable portion of the population working from home. In turn, this has given the India online grocery market a number of India online grocery market growth opportunities.

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KEY TAKEAWAYS:

  • Through 2032, the others segment of the India online grocery market share, which falls under the product type category, is anticipated to grow at a CAGR of 35.8%.
  • The fresh produce segment of the India online grocery market size, which falls under the product type category, is anticipated to grow at a CAGR of 35.2% through 2032.
  • The online sector of the India online grocery market size will grow at a CAGR of 33.6% through 2032.
  • The offline sector of the payment category for the India online grocery market will increase at a CAGR of 28.7% through 2032.
  • The product type category, which includes the snacks and beverages segment of the India online grocery market, had the highest India online grocery market share of 21.2% through 2032.
  • Through 2032, the breakfast & dairy category of the India online grocery market will hold the second-highest India online grocery market share, at 20.8%.
  • In the payment method segment of the India online grocery market, the online segment acquired the highest India online grocery market share, at 84.2%, through the year 2032.
  • In the payment method segment of the India online grocery market, the offline segment procured the second-highest India online grocery market share, at 15.8%, through the year 2032.

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COMPETITIVE LANDSCAPE:

The India online grocery market is fragmented, and the players engage in fierce competition. By putting various strategies into practise, such as partnerships, mergers & acquisitions, and geographic expansion, key India online grocery market players are concentrating on increasing their India online grocery market presence.

These tactics assist the India online grocery market participants in geographically expanding their businesses and improving their product offerings on both the domestic and international markets.

In India online grocery market, some notable participants are Amazon India Pvt. Ltd.; Godrej Nature’s Basket Ltd.; Grofers India Pvt. Ltd.; Paytm E-Commerce Pvt. Ltd. (Paytm Mall); Reliance Retail Ltd. (Reliance Fresh); Spencer’s Retail; Supermarket Grocery Supplies Pvt. Ltd. (BigBasket); UrDoorstep eRetail Pvt. Ltd.

Recent Development in the India Online Grocery:

  • New Launches:

In four more cities—Pune, Ahmedabad, Kolkata, and Chennai—Amazon India Pvt. Ltd. started operating its online grocery store Amazon Fresh in November 2020.

According to the business, the service was launched in these cities thanks to the growth of its specialised geographic network, which enables super-quick delivery services for groceries and daily necessities through the Amazon Fresh Store on Amazon.in.

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Proanthocyanidins Market In-depth Study on Demand in Conservative Scenario & Opportunity Map Analysis-2030

The global proanthocyanidins market size is expected to reach US$ 372.41 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, the increased incidence and prevalence of lifestyle-related diseases like diabetes and cardiovascular disorders have strengthened the need for proanthocyanidins supplements.

The increasing demand for anti-cancer food products in populations around the world also drives the industry for foodstuffs rich in proanthocyanidins. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Proanthocyanidins are reduced tannins with several pharmacological functions. They are considered as phytochemicals that have defence and offense molecules that offer several health benefits. The proanthocyanidins have several health beneficial properties that are antioxidant, antidiabetic, anticancer, antimicrobial, and neuroprotective.

Due to this they have a multitude of uses in pharmaceuticals and nutraceutical industries. The food processing waste and agricultural wastes contain huge proanthocyanidins amount that can be a viable source for functional ingredients and dietary supplements.

It includes in-depth insights into the proanthocyanidins market. Some of these are:

  • The estimated value of the market was at US$ 200 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • North America has experienced a significant rise in the percentage of ageing population which has increased the consumption of healthy food, and growing demand for pharmaceuticals are the major factors driving the market growth in the region.
  •  United States holds major share in the region owing to substantial increase in the demand for proanthocyanidins as dietary supplements.
  • The rising incidence and prevalence of lifestyle related diseases such as diabetes and cardiovascular conditions has been bolstering the demand for supplements containing proanthocyanidins.
  • In terms of source, the type A segment will hold the larger percentage of share in the market. It is also expected to show impressive growth over the forecast period.

Despite Rising Prevalence for Dietary Supplements, Change in Buying Pattern Due to COVID-19 Outbreak will Impact Growth

Due to increase in lifestyle-related diseases, people are opting for healthier lifestyle and food. Proanthocyanidins protect and reduce the oxidative damage caused by free radicals in the body; it also helps in preventing heart-related diseases as many studies have shown that proanthocyanidins reduce blood pressure and improve fat metabolism, moreover, some studies claim proanthocyanidins to have anti-cancer and antitumor activity.

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Aversion behaviour of consumers due to COVID-19 outbreak may exacerbate effect on proanthocyanidins consumption. The supply chains are getting disrupted, blockages to transport routes particularly obstructive for the proanthocyanidins supply chains and may also result in increased levels of loss and wastage. On the other hand, panic buying has sparked demand for services to strengthen the supply chain. This has created opportunities for manufacturers.

Who is Winning?

Some of the major players operating in Proanthocyanidins market includes NOW Health Group, Inc., Bio Botanica, Inc., Ocean Spray Cranberries, Inc., IL Health & Beauty Natural Oils Co., Inc., Swanson Health Products, Inc., Atrium Innovations Inc., Skin Actives Scientific and others.

High investments by players operating in the market on developing proanthocyanidin products that cater to various applications such as healthcare, skincare etc., are anticipated to drive the market growth in the coming years. Efforts of manufacturers to back nutritional benefit claims through in-vitro studies prove as a strong underpinning to the demand for proanthocyanidins as dietary supplements. Moreover, players operating in the market are investing in R&D to develop products with enhanced benefits fuelling proanthocyanidins market growth.

Proanthocyanidins Market Taxonomy

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

Application

  • Food & Beverages
  • Dietary supplements
  • Personal Care & Cosmetics

Source

  • Pine Bark
  • Grape Seed
  • Berries

Distribution Channel

  • Drug and pharmacy store
  • Convenience stores
  • Modern Trade
  • Online retail

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Region

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

PROANTHOCYANIDINS MARKET – KEY RESEARCH FINDINGS

  • The global proanthocyanidins market will expand at a CAGR of 6.4% over 2020-2030.
  • The market has noticeable demand from the food industry.
  • Grapes seed remains the preferred source; Cranberry to gain gradual traction.
  • North America is the market front-runners for the proanthocyanidins

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Smart Pill Boxes & Bottles Market is anticipated to expand at a high CAGR of 9.9% to reach US$ 254.7 Mn by 2028

Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill boxes. The report envisages a higher rate of adoption for smart pill bottles.

Almost 70% of adult patients are observed to discontinue or manipulate drug therapy, resulting in non-adherence to prescribed medication. The study opines that this directly adds to the economic burden on healthcare delivery system in form of emergency cases and hospitalization.

Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.

Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.

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With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.

Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI’s analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.

North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.

The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.

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Key Segments Smart Pill Boxes & Bottles Industry Survey

Smart Pill Boxes & Bottles Market by Product:

  • Smart Pill Boxes
  • Smart Pill Bottles

Smart Pill Boxes & Bottles Market by Indication:

  • Dementia
  • Parkinson’s Disease
  • Cancer Management
  • Diabetes Care
  • Geriatric Care
  • Disability
  • Others

Smart Pill Boxes & Bottles Market by End User:

  • Seniors Care & Assisted Living
  • Long-term Care Centers
  • Home Care Settings

Smart Pill Boxes & Bottles Market by Region:

  • North America Smart Pill Boxes & Bottles Market
  • Latin America Smart Pill Boxes & Bottles Market
  • Europe Smart Pill Boxes & Bottles Market
  • East Asia Smart Pill Boxes & Bottles Market
  • South Asia & Pacific Smart Pill Boxes & Bottles Market
  • Middle East & Africa (MEA) Smart Pill Boxes & Bottles 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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Membrane Filtration Systems Market Key Driver Overview, Supply Side Participants and their Roles Report-2032

The global membrane filtration systems market size is expected to reach US$ 23.3 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.9% CAGR between 2020 and 2030.

According to the report, the rapidly growing dairy industry, stringent regulations for water safety & filtration, and rising demand for premium alcoholic drinks products are some factors driving the growth in the membrane filtration systems market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Key Research Findings

  • Asia Pacific is a crucial market. The market is empowered mainly by increasing use of membrane filtration systems at water treatment plants across this region
  • Membrane filtration systems market will gain in response to the expansion of the bio-based pharmaceutical market
  • Membrane filtration systems are commonly used for wastewater purification and for sterilization, concentration processes and separation in food & beverage sectors
  • China accounts for the largest share in the Asia Pacific market
  • Population growth in China has spurred the need for purification technologies to ensure the availability of healthy drinking water and hygienic food and dairy products

It includes in-depth insights into the membrane filtration systems market. Some of these are:

  • The estimated value of the market was at US$ 14.5 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • By application, the water & wastewater segment is projected to account for the largest share in the market.
  • During the forecast period, the segment of tubular systems in the membrane filtration systems market for food and beverages is projected to show faster growth.
  • Asia Pacific is estimated to dominate the market.
  • Increasing strict government regulations for water safety and filtration are major factors expected to drive growth of the global membrane filtration systems market.
  • However, the high flow rates used in cross-flow feed can damage shear sensitive materials is expected to restrain growth of the global membrane filtration systems market. In addition, high equipment cost may hamper the market growth to a certain extent.
  • In terms of membrane material, polymeric and ceramic are two key segments in the market.

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“The increase in demand for dairy products, government support for membrane filtration systems technology in water purification, the growth in the purchasing power of the middle-class community for quality goods and the increase in the consumption of functional food are some of the important factors that are projected to drive demand for membrane filtration systems technology in Asia Pacific,”said a lead analyst at FMI.

Despite Focus on Healthy Diet, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Coronavirus outbreak had a considerable impact on the consumption pattern of buyers. The focus on health and hygiene products and the rise in demand for healthy organic food is indicative of key shifts in consumer behaviour. This will invariably impact growth forecasts for the market. However, top companies in the membrane filtration systems market expect supply chain and cash flow disruptions to remain the biggest hurdles even in the post lockdown situation. Following the coronavirus outbreak, companies operating in this market are under pressure to deliver products to the market in time. These developments could have a significant impact on the market.

Who is Winning?

The leading players in the membrane filtration systems market include Porvair Filtration Group, Pentair Plc., Prominent GmbH, SPX Flow, Inc., Veolia, Koch Membrane Systems Inc, 3M Company, Pall Corporation, GEA Group AG, Alfa Laval AB, Suez Water Technologies and Solutions and DowDuPont. These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer demands.

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Application

  • Water & Wastewater
  • Food & Beverages

Module Design

  • Spiral Wound
  • Tubular Systems
  • Plate & Frame
  • Hollow Fiber

Membrane material

  • Polymeric
  • Ceramic

Technique

  • Reverse Osmosis(RO)
  • Ultra filtration (UF)
  • Microfiltration(MF)
  • Nano filtration(NF)

Region

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

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Brewery Equipment Market Report on Scope, Consumption & Demand in Optimistic Scenario–2032

Brewery Equipment market analysis by Future Market Insights shows that global sales of brewery equipment experienced a year-on-year (YOY) growth of 4.8% in 2021 to total sales of USD 18.5 Bn. The global brewery equipment market will surge at a rate of 5.2% in the forecast period to surpass USD 30.7 Bn in revenue in 2032.

The growing popularity of beer crops is expected to propel global demand for brewery equipment over the forecast period. The shift from traditional beer to craft beer has led to a rise in the number of micro-breweries and pubs all over the world, which in turn fuels the demand for brewery equipment.

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Europe has seen a great shift towards low-alcohol or non-alcoholic beer due to health benefits having an impact on the brewery equipment market in the region.

Rising demand for artisanal craft beer is a crucial driver for the global brewery equipment market growth. Stiff competition from global producers and top players providing cost-effective brewery equipment is a challenge for players operating in the local markets.

It includes in-depth insights into the brewery equipment market. Some of these are:

  • The estimated value of the market was at US$ 18 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • In North America, rise in consumption of beer and increase in beer processing have propelled the usage of brewery equipment.
  • In Europe, continuous demand for beer is leading to the expansion of breweries by brewers, thus driving demand for brewery equipment.
  • In Asia Pacific, governments of different states are relaxing the rules for setting up breweries, which is likely to help drive the market during the forecast period.
  • South America is also estimated to be an attractive region of the market in the near future.

Who is Winning?

Major players operating in the global brewery equipment market include GEA Group AG, Deutsche Beverage Technology, Krones AG, Lehui Craft, Della Toffola Spa., Prospero Equipment Corporation, Brewbilt Manufacturing LLC, JV Northwest, Inc., Ximo Beer Brewing Equipment, Meura, Meto Brewery Equipment, Inc., ZiemannHolvrieka GmbH, Smart Machine Technologies, Inc, Caspary GmbH, Quality Tank Solutions, Craft Kettle Brewing Equipment, Blichmann Engineering, LLC, and Criveller Group.

In order to gain competitive edge over other manufacturers, these players focus on investing in R&D to innovate and produce wide range of products which are energy efficient and environment friendly.

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Consumption Pattern May Change Due to COVID-19 Outbreak will Impact Growth

With interest rates dropping to record lows due to coronavirus outbreak, borrowing costs would be small, but the performance of government attempts to invest heavily on infrastructure will be partly dependent on their current financial status.

Growing population and increasing economic expectations have led to increased spending on foodservices. The pattern of consumption across nations, however, has changed in a short time since coronavirus ravaged the globe. Therefore their food preferences include a host of balanced, plant-based snacks. It would have an invariable effect on business growth forecasts.

Brewery Equipment Market Taxonomy

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

Product Type

  • Fermentation equipment
  • Brew house equipment
  • Carbonation
  • Control & Monitoring
  • Filling & Packaging
  • Mashing equipment
  • Milling equipment
  • Filtration system
  • Fittings & Valves system

Material Type

  • Brass
  • Copper
  • Aluminum
  • Stainless steel
  • Mild steel

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Mode of Operation

  • Automatic
  • Manual
  • Semi automatic

Application

  • Macro brewery
  • Micro brewery
  • Brewpub
  • Farm brewery
  • Regional breweries

Region

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

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Technical Enzymes Market Analysis & Pricing Analysis, Demand-side Trends, Technology Roadmap Analysis-2029

The global technical enzymes market size is expected to reach US$ 1804.42 Mn &  is likely to grow at a CAGR of 4% through 2032, finds Future Market Insights. According to the report, Multifunctional properties of specific enzymes in the biofuel, starch, fiber & leather, paper & pulp industries. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Technical enzymes are usually used as bulk enzymes in several industries such as pulp and paper, textile, and detergents industries; apart from these industries the technical enzymes are also used in the synthesis of organic products and biofuels. Commercially available technical enzymes used includes amylases, lipases, proteases, xylanases, catalases, and cellulases.

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Restricted Supply Chains Due to COVID-19 will Affect the Growth of the Enzymes Market

The current shutdown has brought the technical enzymes market to a standstill and the curve for recovery will rely on the government’s fiscal stimulus.. Demand for enzymes would decline as a result of higher volatility, increased precautionary behaviour, containment measures, and increased financial costs that decrease purchasing power of consumers. A majority of industries are operating under strict guidelines. Restrictive measures undertaken to prevent the spread of the disease are likely to hamper the overall growth trajectory of these industries. These restrictions are likely to limit the scope of growth for the technical enzymes market as well.

It includes in-depth insights into the technical enzymes market. Some of these are:

  • The estimated value of the market was at US$ 1890 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • In the forecast period the Asia Pacific region is expected to be the fastest rising market.
  • Because of the high sugar demand, enzymes are also used to hydrolyze starch to boost the sugar production process and increase overall efficiency.
  • Customer interest towards an alternative to gasoline has increased the use of biofuels in many developed countries to minimize toxic car & industrial emissions.
  • The increasing demand for technological enzymes in the starch and textile & leather industries is projected to generate lucrative growth opportunities for manufacturers in the Asia Pacific region.
  • In terms of source, the animal segment currently leads the market and is expected to remain dominant through the course of the forecast period.

Who is Winning?

Some of the major players of the global technical enzymes market include Koninklijke DSM N.V. (The Netherlands), E.I. du Pont de Nemours and Company (U.S.), BASF SE (Germany), Associated British Foods Plc (U.K.), Novozymes A/S (Denmark), Advanced Enzyme Technologies Ltd. (India), Epygen Labs FZ LLC (UAE), Maps Enzymes Limited (India) and Megazyme Inc. (U.S.) among others. The rising pattern of environmental issues in developing countries and advances in R&D activities for technological enzymes are the main factors that are projected to drive this market’s growth during the forecast period.

Furthermore, mergers and acquisitions continue to be a common strategy among market players. The companies plan to broaden their geographic presence by means of strategic collaborations.

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Technical Enzymes Market Taxonomy

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

Source

  • Micro organism
  • Plant
  • Animal

Application

  • Biofuel
  • Starch
  • Textiles & Leather
  • Paper & Pulp

Form

  • Liquid
  • Dry

Product Type

  • Amylases
  • Cellulases
  • Proteases
  • Lipases

Region

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

Technical Enzymes Market – Key Research Findings

  • The global technical enzymes market will expand at a CAGR of 4.1% over 2020-2030.
  • The market has noticeable demand from the Bio-ethanol industry.
  • Micro-organism remains the preferred source; plants to gain gradual traction.
  • European market will have comparatively higher growth for the customized premixes market; North America is the market front-runners for the technical enzymes market.

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7 years.

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Thioglycolates Market: Key Players, Key Facts with Key Insights & Key Values, Growth and Forecasts By -2029

The global Thioglycolate market size is expected to reach US$ 137.7 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2019 and 2029.

According to the report, rising demand for bakery products and also application of thioglycolate in cosmetic industry globally are adding positive points towards the growth of the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the Thioglycolate market. Some of these are:

  • The estimated value of the market was at US$ 98.6 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America has emerged as a key market for thioglycolate holding the largest share in the market.
  • Europe and Asia will remain steady as key markets for thioglycolate.
  • Coronavirus has emerged as the biggest hinderance restricting the demand of thioglycolate worldwide.
  • Countries in Europe such as France and Germany are affected the most by the virus, this could have a huge impact on the demand of the product.
  • Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets.

“Growing cosmetics industry in emerging markets of Asia Pacific and Latin America is expected to provide companies with opportunities to increase their global presence.,” said a lead analyst at FMI.

Increasing Consumption of Bakery Products will Propel Growth

Thioglycolate have their application in chocolate ingredients, sodium reducing agents, frozen foods & beverages additives and also in the cosmetics industry. Among which frozen food industry will show brisk growth during the forecast period owing to the expansion of the bakery industry. It has been identified as a major end use industry for thioglycolate.

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Consumer shift towards ready to eat food products as that is suitable for their busy lifestyle is majorly impacting the bakery products demand in most of the countries like China, India, Japan, Russia, Malaysia, Brazil and many more emerging countries in different regions.

Who is Winning?

Some of the leading players operating in the Thioglycolate market are Haihang Industry Co. Ltd., Triveni Chemicals, Alpha Chemika, Neostar United Industrial Co. Ltd., ICC Chemical Corporation, American International Chemical Inc., CellMark Chemicals, Alfa Aesar, AN Pharma Tech Co. Ltd, and Advanced Technology & Industrial Co. Ltd.

Emerging regions such as Asia Pacific and Latin America are expected to witness significant market growth owing to rising disposable income and rapid urbanization. Growing cosmetics industry in emerging markets of Asia Pacific and Latin America is expected to provide companies with opportunities to increase their global presence.

In order to capture a larger market share, key market incumbents are undertaking initiatives and adopting strategies such as entering into partnerships, engaging in mergers and acquisitions and maintaining competitive pricing.

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Get Valuable Insights into Thioglycolate Market

The global Thioglycolate Market is segmented in detail to cover every aspect of the Market and present complete Market intelligence to readers.

Product Type

  • Methanol
  • Ethylene Glycol
  • Diesel
  • Napthalene
  • Ethylbenzene
  • Formaldehyde

Application

  • Hair care and cosmetic product
  • Chemical Intermediate
  • Pharmaceuticals

Region

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

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7 years.

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L-carnitine Supplements Market Growth Pace Analysis with Regulatory Landscape and Key Facts & Growth Explored By -2032

The global L-carnitine Supplements market is projected to surpass US$ 280 million by the end of 2032, in terms of revenue, growing at CAGR of 5.2 % during the forecast period 2022 to 2032.

L-carnitine is known to enhance post-exercise recovery among the elderly. It also helps in reducing fatigue and boosting mental functioning. Moreover, it minimizes the risk of skeletal decline, which is common among the aging population. The product is beneficial in maintaining lean muscle mass, reducing muscle degradation, and promoting healthy aging.

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The product is also used for supplementing individuals with low levels of natural L-carnitine. Deficiency may occur due to various factors such as genetic disorders, consumption of certain drugs, and medical conditions such as skeletal myopathies. Such factors have exclusively bolstered demand for L-carnitine as dietary supplements.

The spread of coronavirus has made consumers more cautious about their health. Therefore, the demand witnessed in the market is likely to improve, as economies bounce back after the crisis.

Key Takeaways from L-Carnitine Market Study

  • L-carnitine and its derivatives witnessed substantial demand in 2018 and the trend is expected to continue over the forecast period.
  • Healthcare products such as nutritional supplements for weight management, energy, and endurance accounted for the largest market share.
  • The functional drinks segment is expected to witness the fastest CAGR in the foreseeable future.
  • Investors are worried that coronavirus spread will destroy economic growth and may not be enough policy action to prevent decline. Several nations, including the UK, have seen central banks slash interest rates, in response.
  • The pharmaceutical sector in North America is the largest continental pharma market across the globe.
  • Market players are focused on providing vast product portfolio, better customer service, and enhanced value to their customers.

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L-CARNITINE SUPPLEMENTS MARKET TAXONOMY

The global L-Carnitine market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Grade

  • Food Grade
  • Pharmaceutical Grade
  • Feed Grade

Application

  • Functional Drink
  • Medicine
  • Healthcare Product
  • Animal Food

End use

  • Male Infertility
  • Kidney Treatment
  • Bone Mass

Distribution channel

  • Online
  • Offline

Region

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

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Competitive landscape

Key players operating in the market include Lonza Group Ltd., Northeast Pharmaceutical Group Co., Ltd. (NEPG), Biosint S.p.A., Cayman Chemical, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Ceva Santé Animale S.A., Kaiyuan Hengtai Chemical Co., Ltd., Chengda Pharmaceuticals Co. Ltd., Huanggang Huayang Pharmaceutical Co. Ltd., and Hubei Yuancheng Technology Co. Ltd.

Market players are focused on providing vast product portfolio, better customer service, and enhanced value to their customers In addition, they are offering standalone or integrated and cost-effective solutions to assist organizations. They put high emphasis on providing customized products to their clients to gain a competitive edge. Moreover, these companies ensure to equip their facilities with high technical expertise and operational capacity to offer integrated services to their clients.

Find More Valuable Insights on L-Carnitine Market

Future Market Insights, in its new report, brings to fore an unbiased analysis of the global L-carnitine market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030. The study divulges compelling insights on the L-carnitine market on the basis of product, the market is segmented into food & pharma grade and feed grade. Based on process, the market is segmented into chemical synthesis and bioprocess. Based on application, the market is segmented into healthcare product, functional drink, medicine and animal food. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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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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Fibers & Specialty Carbohydrates Market New Improvements and Risk Analysis with Upcoming Scope & Challenges By Forecast to -2030

The global fibers & specialty carbohydrates market size is expected to reach US$ 16919.5 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.1% CAGR between 2022 and 2030. According to the report, rising concerns over obesity and gastrointestinal disorders are projected to promote the use of nutritionally enriched foods with reduced cholesterol level, which, in turn, will drive the market growth over the forecast period.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Rising demand for dietary supplements, sports nutrition products, weight loss products, animal nutrition and personal care will drive growth of the fibers & specialty carbohydrates industry. Fibers and carbohydrates which are advanced play a crucial role in health management. These are required to maintain a balanced digestive system, to regulate blood sugar and to lower levels of LDL (bad) cholesterol. These are used for treating malnourished people, stomach conditions and cardiovascular diseases.

Increasing Demand for Dietary Supplements is Driving the Growth

Fibers, specialty carbohydrates, and other medical supplements are known to offer prevention and treatment to individuals with respect to malnutrition, cardiovascular diseases, and gastrointestinal disorders. Over the past few years, food & beverages manufacturers have increased their expenditure for the incorporation of nutraceuticals ingredients to enhance the nutritional content of the final product.

Two categories of fibers which are essential to the daily diet are insoluble fibers (which include cellulose, hemicelluloses, and lignin, making up the structural parts of plant cell walls) and naturally occurring soluble fibers (which include pectin, gums, and mucilage, mainly found in plant cells). One of their major roles is to lower LDL (bad) cholesterol levels. Specialty carbohydrates offer developers the opportunity to manufacture healthier products with a variety of nutritional values. Their health benefits are a major reason why manufacturers choose dietary ingredients for their products.

It includes in-depth insights into the fibers & specialty carbohydrates market. Some of these are:

  • The estimated value of the market was at US$ 9334.4 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, Europe emerged as a key market for fibers & specialty carbohydrates.
  • North America will remain steady as key market for fibers & specialty carbohydrates.
  • The dietary supplements segment is expected to account for the highest revenue share.
  • Supply chain disturbances and decelerated demand due to coronavirus may have a negative impact on growth
  • Key players are likely to focus on product innovations to stay relevant in developed markets.

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Who is Winning?

Key players in fibers & specialty carbohydrates market include Tate & Lyle Plc, ADM, Cargill, Inc. Du Pont, DSM, Ingredion Incorporated, Roquette Freres, and Südzucker AG Company.

Product innovation and formation of strategic partnerships with distribution channels are expected to remain critical success factors over the forecast period.

FIBERS & SPECIALTY CARBOHYDRATES MARKET TAXONOMY

The global Fibers and Specialty Carbohydrates Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Type

  • Fibers
  • Speciality Carbohydrates

Application

  • Functional foods
  • Functional beverage
  • Dietary supplements
  • Animal nutrition
  • Personal care

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Region

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

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8 years.

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