Market Research Blog – Page 1178 – New Product Development

United States Pre-Treater Laundry Products Market Projected to Grow at 3.1% CAGR, Reaching New Heights by 2034

The United States pre-treater laundry products market is on a robust growth trajectory, with an anticipated compound annual growth rate (CAGR) of 3.1% from 2024 to 2034. This growth reflects the increasing consumer demand for effective stain removal solutions and the expanding presence of laundry facilities across the nation.

The global pre-treater laundry products market is experiencing significant growth, with estimated sales reaching approximately USD 3 3,168.2 million in 2024. According to recent forecasts, the market is poised to grow at a compound annual growth rate (CAGR) of 3.6%, potentially reaching a valuation of USD 4,523.8 million by 2034.

As consumer expectations rise for quality laundry care, the demand for pre-wash stain removers is surging, driven by the need to maintain high-quality apparel while reducing washing cycles. This trend is particularly pronounced in the retail sector, where household buyers are increasingly seeking efficient fabric stain removal solutions.

Key factors contributing to this growth include:

Rising Complexity of Stains: Modern lifestyles lead to more complex stains, creating a niche for effective pre-treatment solutions.
Increased Laundry Facility Establishments: The proliferation of laundry and dry cleaning facilities enhances market opportunities for manufacturers.
Consumer Preference for Natural Ingredients: Manufacturers are innovating with products featuring eco-friendly formulations, addressing concerns over harmful chemicals.

Competitive Landscape

The clothing pre-treatment industry is characterized by a highly fragmented and competitive landscape, with numerous chemical and detergent manufacturers actively participating in the market. This intense competition, combined with emerging trends, has driven the development of innovative formulas with enhanced stain-fighting capabilities. As the laundry industry becomes increasingly competitive, fabric stain pre-treater producers are continually seeking new ways to differentiate themselves.

Established brands are expanding their product offerings to include specialized fabric spot treatments, such as grass stain pre-treaters, ink stain removers, and solutions for coffee and tea stains. At the same time, new entrants are exploring customized blends of enzyme-based stain removers, aiming to create versatile solutions that effectively address a variety of stains.

Recent Developments in Global Pre-treater Laundry Product Market

In March 2022, Univar Solutions released an all-purpose pre-treatment solution in the market under ‘Enzymetic Pre-spotter.’ Comprising a combination of the best dispersion polymers, a broad-spectrum enzyme blend, and a superior surfactant, it offers a versatile pre-treatment boost to stain removal before washing. The solution also contains a fragrance emulsifier that is expected to further strengthen the stain removal product line of the company in the coming days.

In June 2021, Procter & Gamble created a laundry detergent for use in space applications under its brand name Tide. It had entered into a Space Act agreement with NASA to investigate the development of astronaut suit treatment and cleaning products.

Key Players Profiled in the Pre-treater Laundry Product Market Report

Church & Dwight Co. Inc.
Reckitt Benckiser LLC
WHIP-IT INVENTIONS, Inc.
Unilever Ltd., S.C.
Johnson & Son, Inc.
The Dial Corporation
Henkel AG & Co. KGaA

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Key Segments Covered by Pre-treater Laundry Product Industry Survey Report

By Format Type:

Liquid Form
Powder Form
Gel Form

By Packaging Type:

Bottles
Tetra Packs
Cartons
Other Types of Packaging

By End Use Application:

Retail
Commercial
Industrial

By Sales or Distribution Channel:

Direct Sales Channel
Indirect Sales Channel
- Hypermarkets or Supermarkets
- Convenience Stores
- Specialty Store
- Online Stores
- Other Sales Channels

By Region:

North America
Latin America
Europe
East Asia
South Asia and Pacific
The Middle East and Africa (MEA)

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.

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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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The Rise of Electroplating: Transforming Surface Finishing in the Electronics Industry

The electroplating market is poised for significant growth, with projections indicating that its size will exceed USD 30 billion by 2033. This expansion is attributed to the increasing demand for electroplating processes across various industries, including automotive, electronics, and aerospace, where enhanced surface properties such as corrosion resistance, improved aesthetics, and enhanced durability are crucial. The market is expected to advance at a compound annual growth rate (CAGR) of 4.1% during the forecast period, driven by technological advancements and the rising adoption of electroplated products in high-performance applications.

The electroplating market offers several lesser-known opportunities and trends that are worth exploring. Among the significant trends in the market is the shift towards green electroplating solutions. The industry has been under scrutiny due to the environmental impact of its traditional electroplating processes, which involve the use of toxic chemicals. This has led to the development of green electroplating solutions, which are environmentally friendly and safer for workers.

An emerging trend in the market is the growing demand for decorative electroplating solutions. The use of decorative coatings in industries such as automotive, jewelry, and electronics is increasing rapidly, providing significant growth opportunities for electroplating manufacturers.

The use of electroplating in the medical and healthcare industries is also gaining momentum. The ability of electroplating to provide a smooth, corrosion-resistant surface makes it an ideal solution for medical devices and implants.

The increasing demand for electroplating in the aerospace industry is driving market growth. Electroplating is widely used in the production of aircraft components, providing a protective coating that resists corrosion and wear.

Overall, the electroplating market is poised for growth, driven by the increasing demand for green solutions, decorative coatings, and applications in various industries such as healthcare and aerospace.

Key Takeaways from the Electroplating Market:

FMI has projected North America to remain a hotspot for electroplating market, holding a market share of 40% throughout the course of the forecast period.
The automotive segment is expected to hold over 34% of the global market in terms of end use in 2023.
The functional segment continues to lead the market. It is expected to hold nearly 88.2% in the market in 2023.
Accounting for over 96% of the overall share through the forecast period, base metal plating continues to account for bulk of demand.
The nickel plating segment is expected to hold a little below 31% of the market, in terms of product type, by the end of 2033.

“Electroplating market experiences technological advancements in equipment and chemicals, leading to improved efficiency and sustainability”, remarks an analyst at FMI.

How Key Players are revolutionizing the Manufacturing of Electroplating market?

Prominent players in the electroplating market are revolutionizing the manufacturing process by developing innovative electroplating techniques and using advanced technologies for better efficiency and productivity. They are also investing in research and development activities to come up with eco-friendly and cost-effective electroplating solutions that can meet the growing demand for sustainable manufacturing practices.

The leading players are also adopting strategies such as mergers and acquisitions, collaborations, and partnerships to expand their market share and improve their product offerings. They are also focusing on expanding their geographic presence in emerging markets to tap into the rising demand for electroplating solutions in these regions.

With the growing demand for electroplating solutions across various end-use industries, key players are continuously exploring new opportunities and trends to stay ahead of the competition and drive growth in the market.

Key Players in the Market:

Atotech Deutschland GMBH
Interplex Holdings Pte. Ltd
Kuntz Electroplating Inc.
Pioneer Metal Finishing Inc.
Roy Metal Finishing Inc.
Bajaj Electroplaters
J & N Metal Products LLC
Peninsula Metal Finishing, Inc.

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Recent Developments in the Electroplating Industry:

In January 2020, Pioneer Metal Finishing, backed by Aterian Investment Partners, expands its footprint with the acquisition of Pilkington Metal Finishing.

More Insights Available

Future Market Insights offers an unbiased analysis of the electroplating market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the electroplating market, the report is segmented on the basis of Plating Metal (Gold, Silver, Copper, Nickel, Chromium, Zinc and Others), Substrate (Manually Operated Inhaler Devices, Base Metal Plating (Copper, Nickel, Aluminum, Zinc, Lead), Plastic Plating (ABS, PPA, PC, PP, Polysulfone and Others), Function (Decorative and Functional), End-Use (Automotive, Electrical & Electronics, Aerospace & Defense, Jewelry, Machinery Parts & Components and Others), across 7 major regions (North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA).

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Navigating the Polyunsaturated Fatty Acids Market: Trends and Opportunities for Growth

The global market for polyunsaturated fatty acids, valued at approximately USD 5,743.3 million in 2022, is projected to reach USD 6,019 million in 2023. This growth is fueled by increasing applications across various sectors, including pharmaceuticals, food and beverages, dietary supplements, and infant formula. With a robust demand forecasted to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2033, the market is expected to achieve a total valuation of USD 9,717.8 million by 2033, reflecting the rising importance and integration of polyunsaturated fatty acids in diverse industries.

Demand for plant-based food products is catching up in the polyunsaturated fatty acids industry as well. Consumers are showing an inclination toward plant-based PUFA products from animal-based ones. This can be attributed to the growing eco-consciousness and awareness about holistic lifestyle choices. Multifold animals and plants provide PUFA. Despite the recent shift toward vegan and plant-based products, animal-based PUFA products still retain their dominance in the PUFA market.

Long-term health issues are expected to rise over the forecast period, underpinned by variations in societal behavior and the aging population. Moreover, the global population is constantly increasing, and with robust urbanization, people are adopting a deskbound lifestyle. The said factors are increasing obesity rates and the incidence of diseases like diabetes. For recourse, governments and public organizations are encouraging healthier lifestyles that include omega-3 to combat chronic issues.

Manufacturers in the market have to strictly adhere to national as well as international regulatory norms. Adherence to these standards for sustainable production and large pockets of distribution channels remain a promising key drivers for the market. Additionally, obtaining certifications from authorized bodies like USDA has led to emerging opportunities in different segments, thus driving product demand.

Key Trends Driving the Demand for Polyunsaturated Fatty Acids

Polyunsaturated fatty acids (PUFAs) have gained significant attention in recent years, fueled by rising health awareness and a growing interest in nutrition. These essential fats, found in various food sources, play a critical role in human health. Here are the key trends driving the demand for PUFAs:

1. Health Consciousness and Preventive Healthcare

The global shift towards preventive healthcare is one of the most significant factors driving the demand for PUFAs. Consumers are increasingly aware of the role diet plays in overall health, seeking out foods rich in beneficial nutrients like omega-3 and omega-6 fatty acids. Research linking PUFAs to reduced risks of chronic diseases, such as heart disease, diabetes, and inflammation, has led to a surge in demand for dietary supplements and functional foods fortified with these fatty acids.

2. Rising Popularity of Plant-Based Diets

With the rise of vegetarianism and veganism, there is a growing interest in plant-based sources of PUFAs. Oils from flaxseeds, chia seeds, and walnuts are gaining traction among health enthusiasts. These sources not only provide essential fatty acids but also align with the values of sustainability and ethical consumption that are increasingly important to consumers. This trend is further supported by the increasing availability of plant-based products in retail and food service sectors.

3. Expansion in Food Industry Applications

The food industry is witnessing an increase in the incorporation of PUFAs into a variety of products, including snacks, beverages, and dairy alternatives. Food manufacturers are recognizing the health benefits of PUFAs, leading to innovative formulations that enhance the nutritional profile of their products. This trend not only satisfies consumer demand for healthier options but also helps brands differentiate themselves in a competitive market.

4. Growing Demand for Functional Foods and Nutraceuticals

As consumers become more focused on health and wellness, the demand for functional foods and nutraceuticals is on the rise. Products containing PUFAs are increasingly marketed for their health benefits, such as improving cognitive function, supporting heart health, and promoting skin health. This trend is bolstered by a growing body of research that supports the health claims associated with PUFAs, encouraging consumers to incorporate these nutrients into their diets.

5. Increased Awareness of Omega-3 Fatty Acids

Among the various types of PUFAs, omega-3 fatty acids have garnered particular attention due to their proven health benefits. With campaigns promoting the importance of omega-3s for brain health, cardiovascular function, and inflammation reduction, more consumers are actively seeking sources of these essential fatty acids. The popularity of omega-3 supplements, particularly those derived from fish oil and algal oil, continues to grow as consumers look to enhance their overall health.

Top Highlights from the FMI’s Analysis of the Polyunsaturated Fatty Acids Market:

The United States contributes 12.8% to the overall market, as per FMI’s assessment. The high market share of the country represents large, nationwide participation of manufacturers of polyunsaturated fatty acids.
Germany scored 7.2% of the global market, demonstrating its dominance in the European region. Over the years, businesses in Germany are expected to observe process efficiency and productivity, thus fueling market growth.
The United Kingdom is projected to expand at a significant CAGR of 5.1% over the next ten years. Robust expansion of the market is expected to attract many businesses in this country.
In 2023, Japan gathered a 3.2% market share globally. Enterprises are expected to strengthen their distribution channels to deeply penetrate the Japanese market.
Australia is expected to account for a 1.8% value share in 2023. Despite its relatively low market hold, the country offers enterprises many opportunities to explore the market.
India and China are estimated to register CAGRs of 4.9% and 4.6% over the forecast period.
Based on product type, omega-6 fatty acids are projected to attain a market share of 57.1% in 2023.
Under the application category, the dietary supplement segment is expected to attain 27.2% in 2023.

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Top Players in the Global Market

Koninklijke DSM N.V.
BASF SE
Croda International PLC
Enzymotec Ltd.
Omega Protein Corporation
Aker BioMarine AS
Polaris Nutritional Lipids
FMC Corporation
Cargill, Incorporated
GlaxoSmithKline plc

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United States Canned Sardine Market Forecast to Grow at 4.50% CAGR by 2034: FMI Report

The United States Canned Sardines market is projected to experience significant growth in the coming years, with an expected CAGR of 4.50% through 2034.

Heart disease has remained the leading cause of death in the U.S. since the mid-20th century, accounting for one in five deaths due to coronary issues. This has created favorable conditions for the canned sardine industry, as sardines are widely regarded as a heart-healthy food option.

The rising popularity of “fish in a tin,” driven by social media platforms and health influencers with millions of followers, has further fueled the increasing demand for canned sardines in the U.S. market.

Canned Sardines Market size or any canned seafood has come a long way to become one of the must-haves in the grocery list of the general populace. With more people consuming canned sardines for their nutritional abundance, the global market valuation is in line to surpass USD 8,183.31 million in 2024. These sardines are perceived as a healthy dose of vitamins, amino acids, and calcium packed in a tin.

Long coastlines in countries like India, the United States, China, and Japan have also led to the enormous consumption of canned sardines, leading to a healthy growth rate of 7.50% CAGR through 2034. Advancements in processing methodologies have also positively contributed to the increased consumption in these countries.

Export-oriented production by countries like Portugal, Spain, Thailand, etc., is slated to take the market valuation to an outstanding USD 16,833.18 million by the end of 2034. With social media influencers actively promoting the ‘fish in a tin’ trend and the health benefits of smoked sardines over other seafood, the market is likely to experience an upsurge in the coming decade.

Key Takeaways from the Market Study

The smoked segment dominates the canned sardine market with an expected share of 58.60% in 2024.
Based on the distribution channel, the hypermarket/supermarket segment leads the canned sardine industry with an anticipated share of 23.50% in 2024.
The canned sardine industry in India is anticipated to grow at a CAGR of 7.30% through 2034.
The canned sardine industry in China is estimated to rise at 6.80% CAGR through 2034.
The canned sardine industry in the United States has the potential to increase at 4.50% CAGR through 2034.
The Japan canned sardine industry is predicted to rise by 7.60% CAGR through 2034.
The canned sardine market in Germany is in line to grow at a CAGR of 3.50% through 2034.

Key Companies :

Wild Planet
Crown Prine
Santo Amaro
Brunswick
Matiz
MW Polar
Ocean Price
Nuri
Thai Union Group (TUF)
Bumble Bee Food
Natural Sea
Frinsa del Noroeste
Ongreen Thailand Co
Ligo, Wild Planet
Century Pacific Food
King Oscar
Others

“Sustainability, like other industries, has also influenced the canned sardine market. This is why companies involved in the processing of canned sardines are implored to embrace sustainable practices right from sourcing to packaging”, – Nandini Roy Choudhury, Client Partner at Future Market Insights

The canned sardine market is gaining momentum due to the health benefits being promoted by social media influencers.

Key companies in the market have invested billions of dollars to expand their consumer base and take advantage of this opportunity.
The emergence of e-commerce platforms has further benefitted the market.
Companies are embracing environment-friendly fishing practices to fulfill the demands of eco-conscious consumers.

Recent Developments:

In August 2023, Comur, a Portuguese sardine company, opened a glitzy bookshop-style store in Times Square selling sardine tins dating back to 1916, including $44 gold-flecked options.
Melbourne welcomed Aussie Craft Tinned Fish at Blackhearts & Sparrows and Skinner & Hackett in November 2023.
Little Tin Co. launched in South Australia in August 2023 as Australia’s sole craft cannery, offering sustainable canned seafood with a focus on sardines.

Exhaustive Market Report: A Complete Study

Key Segments of the Canned Sardine Industry

By Product Type:

Smoked
Cooked

By Flavor:

With Olive Oil
With Sunflower Oil
With Tomato Sauce
With Salt and Water (Brine)
With Extra Virgin Oil
Others (Soy Sauce, Vegetable oil, Natural oil)

By Claims:

Organic
Kosher
Non-GMO
No Preservatives
Others

By Distribution Channel:

Food Service
- HoReCa
- Quick Service Restaurants
- Bakeries & Patisseries
Travel Retail (airplanes, cruise ships, others)
Retail
- Hypermarket/Supermarket
- Convenience Stores
- Departmental Stores
- Wholesale Stores
- Mass Grocery Retailers
- Independent Retailers
- Specialty Stores
- Online Retailers

By Region:

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

About Future Market Insights (FMI)

Contact FMI:

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
Website: https://www.futuremarketinsights.com
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Organic Seed Market Growth Trajectory: Key Trends, Segmentation, and Industry Projections to 2032

According to the recent FMI report, the sales for organic seed (Bio-Saatgutmarkt) are expected to surpass a value of USD 10.8 Bn in 2032, rising at a CAGR of around 8.7% through the end of 2032.

CSA (Community Supported Agriculture) programs and farmers’ markets are springing up all over the world to better connect consumers to the farms and farmers who provide their food, posing a positive impact on the organic seed market in various countries.

In 2013, the USDA updated the National Farmers’ Market Directory’s interface to encourage visitors and the creation of real-time data-driven cellphone apps and other products. Users can search for markets by zip code to find out about their hours of operation, location, products available, and payment choices.

More than 4,000 farmers’ markets have been approved to take SNAP (Supplemental Nutrition Assistance Program) vouchers, increasing access to fresh produce and nutritious meals, in turn, shooting up the sales of organic seed.

Organic seed market growth could also be aided by favorable government actions to boost organic farming. In India, for example, government programs such as the National Food Security Mission, Paramparagat Krishi Vikas Yojana, and National Food Security Mission are expected to enhance organic production. This presents the market with a significant growth opportunity.

Key Takeaways from the Organic Seed Market Study:

The organic seed market in North America is expected to grow at a rate of approximately 7.1% between 2022 and 2032, owing to a substantial shift in consumers’ attitudes toward healthy lifestyles and eating habits, which has increased demand for organic food and beverages.
Derogations for the use of untreated non-organic seed will be phased out by 2036, according to the new European Organic Regulation 2018/848, therefore, promoting the organic seed market in the region.
In just the previous five years, public and private funding in organic plant breeding and other organic seed research have increased by USD 22 Mn.
In 2020, the organic seed market in the oil seed segment will be worth more than USD 0.8 Bn. Oil seed is used to extract edible oil for human consumption as well as oil for pharmacological and cosmetic uses.
Due to the rising consumption of organic wheat to generate a wide range of organic certified products such as flour, pasta, noodles, macaroni, and spaghetti, the wheat crop seeds industry is expected to reach USD 0.3 Bn by 2027.

“Key market players are investing much in R&D in order to introduce new products and obtain a competitive advantage. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global organic seed market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering organic seed are Seed Saver Exchange, Johnny’s Selected Seeds, Baker Creek Heirloom, Rijk Zwaan, Southern Exposure Seed Exchange, High Mowing Organic Seeds, Seed Savers Exchange, De Bolster Territorial Seeds Company, Navdanya, and others.

Detailed Market Study: Full Report and Analysis

Organic Seed Market by Category

By Product Type:

Vegetable Seeds
- Gourd & Root Vegetable Seeds
- Leafy & Cruciferous Vegetable seeds
Fruits & Nuts Seeds
Oil Seeds
- Sunflower Seeds
- Soybean Seeds
- Other
Other Vegetation Seeds

By Farm Type:

Outdoor
- Gardens
- Nurseries
- Field
Indoor
- Greenhouse
- Hydroponics
- Vertical Farming

By Distribution Channel:

Retailers
Wholesaler
Cooperatives
Online Channels

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

About Future Market Insights (FMI)

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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
Website: https://www.futuremarketinsights.com
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Introducing Innovative Solutions for Japan’s Aging Population: Senior Care Products Set to Thrive with 6.3% CAGR

Japan continues to face a significant demographic shift with its aging population, the demand for senior care products is on the rise. With a projected compound annual growth rate (CAGR) of 6.3%, the senior care sector is poised for remarkable expansion, offering innovative solutions designed to enhance the quality of life for seniors across the nation.

The global senior care product market is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 6.6% from 2024 to 2034. Market value is expected to rise from USD 29,600.2 million in 2024 to USD 56,394.8 million by 2034. This growth reflects an increasing emphasis on health and wellness among seniors, who are actively seeking products that enhance their overall quality of life.

Demand Analysis:

The demand for senior care products is evolving as cognitive health becomes increasingly important. Products aimed at enhancing mental acuity, such as brain training games and cognitive stimulation devices, are gaining traction. Additionally, the desire for stylish, user-friendly products has spurred the creation of designs that fit seamlessly into modern lifestyles.

Moreover, environmentally conscious consumers are seeking eco-friendly options, leading to a rise in demand for sustainable senior care products. Innovations such as biodegradable incontinence products and energy-efficient home healthcare devices are becoming more prevalent.

Key Takeaways

The global senior care product market is projected to grow from USD 29.60 billion in 2024 to USD 56.39 billion by 2034.
The market is expected to experience a CAGR of 6.6% over the next decade.
Increasing focus on health and wellness drives seniors to seek products that enhance their quality of life.
Demand for cognitive health products, like brain training games, is rising among the elderly.
Eco-friendly senior care products are becoming more popular as consumers prioritize sustainability.
India leads growth with an 3% CAGR.

Competitive Landscape

Leading senior care product manufacturers are prioritizing product expansion and strategic partnerships to develop new product lines and broaden their global consumer reach.

For instance,

In January 2022, B. Braun Melsungen AG expanded its reach with the announcement of a new factory in Vietnam.
Zuellig Pharma and Mölnlycke expanded their collaboration in June 2019 to provide cutting-edge wound care solutions in Southeast Asia.
Thermo Fisher and the international biotech corporation CSL formed a strategic alliance on May 27, 2020, intending to increase Thermo Fisher’s manufacturing capacity for biologic therapeutic substances and cater to the rapidly expanding market.

Key Companies Profiled

Invacare Corporation
Thermo Fisher Scientific Inc.
Cardinal Health
Abbott Laboratories
3M Company
B Braun Melsungen AG
GlaxoSmithKline Limited.
Bayer AG
Procter & Gamble
Stryker Corp
Koninklijke Philips N.V.
GE Healthcare
Mölnlycke Health Care AB
The Golden Concepts
Smiths Group PLC
Honeywell International Inc

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Key Market Segments Covered in Senior Care Product Industry Research

By Product:

Incontinence Product
- Adult Diapers
- Disposable Pads and Liners
  - Bladder Control Pads
  - Male Guards
  - Incontinence Liners
- Belted and Beltless Under Garments
- Maceratable Wipes
Consumables
- Masks
- Gowns
- Gloves
- Dressing Kits
- Urinary Catheters
- Urine Bags
Assistive devices
- Canes & Crutches
- Wheelchair
- Commode Chair
- Assistive Furniture and Accessories
- Ostomy Products
- Pressure Relief Mattresses
Nutritional Supplements
- Multiple Vitamins and Mineral
- Dietary fibers
- Food Thickener and Mix
- Milk powder

By Type of Care:

Home Care
Chronic Illness Care

By End User:

Hospital
Nursing Care Facilities
Home Health care

By Region:

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

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Out-of-Home Coffee Market Poised to Reach USD 36 Billion by 2032, with 4.5% CAGR Growth: FMI Report

The global out-of-home coffee market (Außer-Haus-Kaffeemarkt) is set to witness growth at a CAGR of 4.5% over the forecast period (2022–2032) and top a valuation of USD 36 Bn by 2032.

Changing lifestyle have altered the consumer behavior in past few years. Consumers who preferred tea over coffee have changed their preferences and have begun to consume coffee more than tea. Especially, working population having access to the coffee machines installed at their work places have shown an increased consumption of instant coffee since past half-decade.

Key Takeaways from the Market Study

Europe is expected to dominate the global market by accounting for the maximum market value share of about 25% by 2022 end, followed by North America
U.S. is to account for the maximum market share of nearly 78% of the North American out-of-home coffee market
Rising coffee culture over tea consumption among youths in different regions across the globe is predicted to result in surging demand during the assessment period (2022–2032)
By product type, instant coffee is expected to account for the maximum market value share of the global market by 2022 end
Higher income groups and working population has an increased spending capacity which is likely to increase the demand for premium coffee brands of out-of-home coffee in the near future
Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

Coffee with low caffeine content helps in building the metabolism and improve the functioning of the brain. Owing to these factors, consumers are preferring coffee over tea. Furthermore, increased spending capacity of working population have convinced them to switch to premium coffee brands which is expected to fuel the out-of-home coffee market growth over the forecast period (2022–2032).

Alongside, there have been a huge impact of covid-19 pandemic on the market attributing to the disruption on the supply chain due to worldwide lockdown. The exports and imports of coffee beans were hampered which led to the downfall in the revenue for various manufacturers. Almost all of the offices, restaurants and coffee shops were forced shut during lockdown which hindered the growth of the out-of-home coffee market.

But now, as the restriction are lifted up, the market participants have started gaining a pace to gain a higher position in the market by addressing the needs of their customers and enhancing brand loyalty. This is likely to positively influence the growth of the market in the next few years.

“Increasing consumption of instant coffee has resulted in the installation of coffee machines at commercial places such as offices or communities where consumers have all-time access to drink coffee with varied flavors which is prophesied to increase the demand for out-of-home coffee in the coming decade”, says a Future Market Insights analyst.

Detailed Market Study: Full Report and Analysis

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years. For instance,

In 2020, a company named Tchibo introduced ground and whole bean coffee products with a light, medium, and dark roasted beans, particularly in the United States. These products were widely available at retailers like Jewel and Hy-Vee in the regional market.
Many manufacturers have started introducing new and innovative products by adding different flavors such as Italian roast, green bean, and mocha to attract a larger audience.

Explore More Valuable Insights

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

The study offers compelling insights based on product type (instant coffee, portioned coffee and roasted coffee), end use (HoReCa and commercial/office), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.

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Demand for milk powder in the United States is set to rise with an anticipated CAGR of 5.9% through 2034

The demand for milk powder in the United States is projected to grow at a compound annual growth rate (CAGR) of 5.9% through 2034. Several factors are driving this trend:

Consumers are increasingly opting for plant-based alternatives, such as soy or almond milk, particularly those with lactose intolerance or those following vegan diets. Despite this, fat-filled milk powder remains highly favored, driven by the growing popularity of fast foods like cheese-based dishes, baked goods, and desserts. A notable player in this space is Grande Cheese Company, which supplies cheese to major pizza chains and restaurants.

According to Future Market Insights, the milk powder market (Mercado de leche en polvo) is poised for significant growth, with its size expected to increase from USD 35.26 billion in 2024 to USD 51.89 billion by 2034. Over the next decade, a moderate 3.90% CAGR in the demand for Milk Powders is projected to drive the expansion, which had seen a CAGR of 3.66% between 2019 and 2023.

More people nowadays are looking for sustainable food options, and milk powder fits the bill. Milk powder stays fresh longer, which is great for both consumers and stores, helping the market grow. Since milk powder can be used in many foods and industries, its market keeps expanding.

Skim milk powder demand continues to be prompted by increased health consciousness and growing consumption of low-fat dairy products. Conversely, the market for fat-filled milk powder is growing as the demand for fortified and functional food products is escalating.

The milk powder market is undergoing a radical transition characterized by

plant-based substitutes
clean label goods, technological innovations,
sustainable practices
a rise in eCommerce

“In shaping the milk powder market’s future, the use of advanced drying technologies, such as spray drying and freeze-drying, is key. These methods effectively preserve the nutritional goodness of milk powder, ensuring it lasts longer on the shelf. As more manufacturers embrace these technologies, the market is set to evolve. It is likely to meet the increasing demand for convenient and long-lasting dairy products while maintaining their essential nutrients.” according to the chief analyst at FMI.

Key Takeaways

The United States is set to showcase strong growth in the milk powder industry with a projected 5.9% CAGR from 2024 to 2034, driven by increased consumer demand for dairy products and the growing awareness of their nutritional benefits.
China’s milk powder industry is projected to exhibit substantial growth, with an estimated 4.0% CAGR through 2034, attributed to the growing awareness of the importance of nutrition among consumers.
The milk powder market in Japan is likely to show a 4.0% CAGR between 2024 and 2034, influenced by changing dietary preferences, an aging population, and a growing focus on convenience.
India’s milk powder industry is projected to develop at a 4.3% CAGR through 2034, propelled by the country’s focus on value-added dairy products and fortified formulations.

The Germany milk powder industry is likely to exhibit a 4.2% CAGR from 2024 to 2034, impacted by increasing health consciousness and the rise of plant-based alternatives.

Key Players’ Strategies for Success in the Milk Powder Market

Here are some key strategies that players in the milk powder industry employ for success:

Make heavy Investment in research and development to improve product quality
Magnify distribution channels to reach an extensive consumer base
Form strategic partnerships and collaborations within the industry
Implement sustainable practices in the production and sourcing of raw materials
Stay updated on market trends and adapt strategies accordingly
Ensure compliance with food safety regulations and standards
Offer diverse product options to satisfy different consumer preferences and dietary needs

Recent Developments

In May 2021, Lactalis Ingredients started selling organic whole milk powder. The company added it to its milk powder collection because more people care about being healthy and having good food.
In October 2020, Society Tea introduced Society skimmed milk powder. It has the goodness of milk and is very fresh. This spray-dried milk has only 1% fat and is a good choice instead of regular milk. Also, it does not have any extra chemicals.

Key Milk Powder Market Players

Nestlé
Danone
Groupe Lactalis
Fonterra
Royal FrieslandCampina N.V.
Dean Foods
Arla Foods
Dairy Farmers of America
Kraft Foods
Saputo
Parmalat
The Kraft Heinz Company

In-Depth Market Analysis: A Complete Report

Key Segments Profiled in the Milk Powder Market Survey

By Type:

Skimmed Milk powder
Whole Milk Powder
Fat Filled Milk Powder
Dairy Whitener
Other Milk Powder

By Application:

Bakery & Confectionary
Nutritional Food
Infant Formulas
Others

By Distribution Channel:

B2B
B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Retail Stores
- Online Retail

By Region:

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

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Japan Powdered Cellulose Market to Witness Robust Growth, Projected to Achieve 9.7% CAGR, Reaching USD 26.14 Million by 2033

The powdered cellulose market in Japan is poised for significant growth over the next decade, with regional sales expected to rise from US$ 10.31 million in 2023 to a staggering US$ 26.14 million by 2033, according to the latest market analysis. The growing demand is anticipated to exhibit a compound annual growth rate (CAGR) of 9.7%, driven by increasing applications across various industries, including food, pharmaceuticals, and personal care products.

Market Dynamics Driving Growth

Powdered cellulose, a versatile ingredient derived from natural plant fibers, has gained considerable traction due to its functional properties, such as its role as a texturizer, stabilizer, and bulking agent. In Japan, the food industry is the largest consumer of powdered cellulose, particularly in the processed foods, bakery, and dietary supplement segments. With the rise in consumer demand for natural and plant-based ingredients, powdered cellulose offers manufacturers a sustainable and functional alternative in product formulations.

Additionally, the pharmaceutical and cosmetics industries are recognizing the benefits of powdered cellulose for its binding and moisture-retention properties, further contributing to the market’s upward trajectory.

Key Growth Factors

Rising Demand for Clean Label Products: Consumers are increasingly seeking transparent, clean-label ingredients, pushing manufacturers to adopt natural and minimally processed additives. Powdered cellulose aligns perfectly with this trend, as it is derived from renewable sources and offers various functional benefits.
Expanding Applications: Beyond food and beverages, powdered cellulose is finding increased applications in non-food sectors such as pharmaceuticals, where it serves as a binder and disintegrant in tablets, and in personal care products, where it acts as a thickening agent.
Technological Advancements: Innovations in processing technology have enabled manufacturers to produce higher quality powdered cellulose with enhanced performance characteristics, which is expected to further stimulate market demand.

Forecast and Future Outlook

Over the forecast period of 2023 to 2033, the powdered cellulose market in Japan is set to experience accelerated growth, supported by increasing investments in research and development and heightened demand for eco-friendly ingredients. The growing awareness of dietary fibers and their health benefits also creates a favorable environment for the adoption of powdered cellulose in functional foods and supplements.

With the projected market value reaching US$ 26.14 million by 2033, Japan is expected to emerge as a key regional player in the global powdered cellulose market. Companies operating in this space are likely to benefit from the rising demand and the expanding array of applications.

Browse full Report: https://www.futuremarketinsights.com/reports/powdered-cellulose-industry-analysis-in-japan

Competitive Landscape

The competitive landscape for powdered cellulose is still in its nascent stages, with the presence of both small and giant players. With the rising demand for healthy food items, key players in the market are collaborating with fitness chains and social media influencers to build an organic consumer base.

Key Developments in the Powdered Cellulose Industry in Japan:

Daicel Corporation has developed a new type of powdered cellulose to create clear and stable beverages. The new product is also heat-stable, which means that it can be used in hot drinks and pasteurized products.
Asahi Kasei Corporation has announced the launch of a new type of powdered cellulose to create low-calorie and low-fat foods. The new product is also high in fiber, which aims to help to promote digestive health.
Nippon Paper Industries Co., Ltd. has developed a new type of powdered cellulose to create oil-absorbing materials. The new product is used in various applications, including spill cleanup and industrial filtration.

Some of the Key Players Offering Powdered Cellulose in Japan

Asahi Kasei Corporation

Dai Nippon Chemical Co., Ltd.

Kao Corporation

Mitsui Chemicals, Inc.

Mitsubishi Chemical Corporation

Nippon Paper Industries Co., Ltd.

Showa Denko K.K.

Sumitomo Chemical Co., Ltd.

Tosoh Corporation

Ube Industries, Ltd.

Japan Powdered Cellulose Industry by Category

By Grade:

Food
Pharmaceutical
Industrial

By Functionality:

Thickener
Stabilizer
Emulsifier
Gelling
Coating Agent

By Source:

Soft and Hard Wood Pulp
Cotton Linter Pulp
Bamboo
Wheat Straw Pulp

By End Use:

Food & Beverage Industry
- Bakery & Confectionery
- Meat & Poultry Products
- Sauces & Dressings
- Beverages
- Processed Food
- Dairy Products
- Others
Pharmaceuticals Industry
Cosmetics Industry
Construction Industry
Chemical Industry
Leather Industry
Textile Industry
Paper Industry

Key City:

Kanto
Chubu
Kinki
Kyushu & Okinawa
Tohoku
Rest of Japan

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US Alpha-Amylase Baking Enzyme Market Set to Reach USD 162.4 Million by 2032, with a CAGR of 3.4% | FMI

According to the analysis, North America is expected to dominate the global alpha-amylase baking enzyme market, with the U.S. leading the regional growth. By 2032, the U.S. market is projected to reach a valuation of USD 162.4 million, growing at a CAGR of 3.4%. This growth is driven by new product launches, the presence of established industry players, and the rising consumption of bakery products during the forecast period.

The global alpha-amylase baking enzyme market (Mercado de enzimas para hornear alfa-amilasa) is expected to secure a market value worth US$ 465 Million while expanding at a CAGR of 3.8% during the time period. The market’s growth can be accredited to the increasing importance of enzymes in bread making to provide various features such as; color texture, dough improvement, and softness.

Increasing demand from bakery manufacturers for enzymes to increase the yeast and provide better texture during the formulation for the final product is projected to be another vital factor in the coming time.

Moreover, the alpha-amylase enzyme is gaining significant traction in the chemical industry as they are used as a catalyst in biofuels. They’re likely to experience significant traction for detergent production in order to augment the product yield and reduce lead time.

In addition, rising interest in the plant-based alpha-amylase baking enzyme is anticipated to offer significant opportunities to the market. For instance, in June 2021, RXBAR, the Kellogg Company subsidiary rolled out its first plant-based product, peanut butter, and chocolate chip flavors. Such initiatives are expected to provide opportunities for expansion in the market in the coming time.

On the contrary, health issues associated with the consumption of bakery products are projected to be the most significant factor hindering market growth in the coming time. Furthermore, rising preference for all alternative protein hydrolysis enzymes like xylanase, lipase, and others are likely to limit the market growth in the assessment period.

Key Takeaways from the Market Study:

Bacteria-based alpha-amylase baking enzymes to exhibit a CAGR of 3.8% during the forecast period
By application, bread manufacturing to comprise maximum usage, documenting a CAGR of 3.6%
Market in the U.S to value US$ 162.4 Million by 2032
K market to expand at a CAGR of 3% in the assessment period
Market in Japan to garner US$ 27 Million during the forecast period

“Rising consumption of bakery products as well as the quest to include ingredients which are consumer health friendly and cost effective are collectively leading to expansion of the market for alpha-amylase baking products market,” says an analyst at FMI.

Competition Analysis

Key players in the global alpha-amylase baking enzyme market include

Koninklijke DSM N.V.
Novozymes A/S DuPont
Puratos Group N.V. and Specialty Enzymes.

Recent key developments in the market are:

In May 2022, Winni Cakes, India’s leading online gifting platform and bakery chain, announced the opening of the first baking institute in Panchkula that has world resources, educators, and a modern bakery set up to train the young fellows.
In May 2022, B&M, a European Value Retail S.A.., announced the launch of the banana-flavored Jammie Dodger biscuit range.

A Full Report Analysis

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global alpha-amylase baking enzyme market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of source (fungi, bacteria and plant-based) and application (bread, cookies & biscuits, desserts and others), across five major regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

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