Freeze Dried Fruits Market Size By Manufacturers, Share, Growth, Trends, Types and Applications, Forecast to 2032

Newly released data from Freeze-Dried Fruits market analysis by Future Market Insights displays that the global consumption of freeze-dried fruits enjoyed a year-on-year (YOY) growth of 5% in 2022 to total revenue of USD 7.5 Bn and will clock an estimated revenue of USD 15 Bn in 2032, exhibiting a ~7% CAGR during the assessment period.

Freeze Dried Fruits Market Size Value in 2021 USD ~7.5 Mn
Freeze Dried Fruits Market Forecast Value in 2032 USD ~15 Mn
Global Growth Rate (2022 to 2032) ~5% CAGR
Forecast Period 2022-2032

Food products continue to remain an essential commodity since the outbreak of the pandemic. According to FMI, the food and beverages in all will register above 3% CAGR in the forecast period. With consumers’ preferences changed, the demand for cost-effective yet healthy and sustainable food solutions is surging, hence, pushing sales of freeze-dried fruits and vegetables in the near future.

Various types of freeze-dried products such as freeze-dried blackberry, freeze-dried raspberry, freeze-dried pineapple, freeze-dried strawberries, freeze-dried cranberry, and others are increasingly used in confectionery, smoothies, juices, ice creams, bakeries, and other ready to eat food products.

A key factor driving the market is the prolonged shelf-life of freeze-dried fruits without any synthetic ingredients or preservatives. The rising number of confectionaries has been fuelling the demand for dehydrated forms of food like freeze-dried fruits due to their long shelf lives and diverse array of applications in healthy diets.

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Key Takeaways from the Market Report

  • Increasing awareness about numerous health benefits of nutritional, natural, and low carb diet, is boosting the demand for freeze-dried fruits and vegetables.
  • Conventional freeze-dried fruits are presently leading in the market in terms of nature as they are more enriched with natural flavor, color, and nutrient values.
  • Among products available in the market, whole freeze-dried fruits and vegetables are highly favored over dried or granulated.
  • The enhancing packaging industry along with the improving lifestyle of consumers is boosting the freeze-dried fruits industry share.
  • The European region will account for the majority share in the freeze-dried fruits market and is projected to grow at a CAGR of over 7.5% over the forecast period due to the presence of major manufacturers here.
  • North America is another dominant market region for freeze-dried fruits, with a market share of over 25%, and is set to exhibit a similar market share throughout the forecast period.
  • B2B is a more volume-heavy sales channel than B2C in the freeze-dried fruits market. With the expansion of markets for snacks, breakfast cereals, powdered beverages, retail (household), and others, the B2B sales channel is gaining traction. It is anticipated to continue exhibiting high growth through the assessment period.

“Manufacturers of freeze-dried fruits would gain significant profits by extensive marketing and increasing their geographic reach among end-users. The ready-to-eat, convenient food and beverage industry would also serve as a major market for freeze-dried fruits,” says a Future Market Insights analyst.

Competitive Outlook

The market is fragmented and highly competitive without any major dominant players. Freeze-dried fruits manufacturers are singling on launching a wide variety of products in order to increase their consumer base and end-user industries and gain a competitive advantage.

Top freeze-dried fruits manufacturers are The Kraft Heinz Company, Mercer Foods, European Freeze Dry Ltd., Chaucer freeze-dried, Molda AG, SARAF Foods Ltd., Watershed Foods LLC, Freeze-Dry Foods, Nestle S.A., Mondelez International, The J M Smucker Company, Olam International, OFD Foods, Ajinomoto Co., Asahi Group, and Van Drunen Farms, among others. and others.

Some of them are focusing on marketing upon various health benefits of freeze-dried fruits that are highly sought-after among consumers. For instance, European Freeze Dry has launched their new complete meal solutions for special dietary meals, weight control meals, and others with an emphasis on sport nutrition, food intolerance, emergency preparedness, and others in the recent year.

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Market Segmentation Of Freeze-Dried Fruits Market

Nature:

  • Organic
  • Conventional

Product Type:

  • Whole
  • Diced
  • Powdered/Granulated

End use:

  • Food & Beverages Products
    • Breakfast Cereals
    • Dairy Products
    • Bakery & Confectionery
    • Nutritional Bars & Supplements
    • Powdered Beverages
    • Snacks
  • Retail (household)

Fruit Type:

  • Berries
    • Strawberry
    • Raspberry
    • Blueberry
    • Cranberry
    • Others
  • Exotic & Tropical Fruits
    • Mango
    • Papaya
    • Apple
    • Guava
    • Banana
    • Cantaloupe
  • Orchard & Citrus Fruits
    • Kiwi
    • Pear
    • Peach
    • Lemon
    • Orange
    • Grapefruits
    • Others

Sales Channel:

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Store
    • Food & Drinks Specialty Store
    • Independent Small Grocery Store
    • Online Retail

Region:

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

Frequently Asked Questions

  • At what CAGR is the freeze-dried fruits market expected to grow?
  • Which are the top companies in the freeze-dried fruits market?
  • Which category of freeze-dried fruits is highly sought-after?
  • What nature of freeze-dried fruits is gaining more traction?
  • How are companies planning to gain a competitive edge in freeze-dried fruits market?
  • Which is the largest market for freeze-dried fruits?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Plant-based Sausages Market Latest Research Highlighting Current and Future Trends to 2030

Growing importance of plant-based food products is attracting attention of numerous large-scale multinational corporations, as well as encouraging the establishment of numerous start-up companies. Consequently, the market is interspersed with numerous product launches.

With the global vegan population comprising 8% of the whole world, plant-based sausage players are optimistic about a bright future ahead. Existing players are looking to replenish their existing inventory to cater to the ever increasing demand. Examples include Beyond Meat’s Breakfast Sausages and Smithfield’s Pure Farmland products.

Key Takeaways Global plant-based sausages market to experience a staggering 26.5% CAGR through 2028 Plant-based pork sausages to be most widely consumed, generating over 40% of the revenue share by 2020-end Soy-based proteins to remain most preferred protein source across the forecast period Online sales of plant-based sausages to register astronomical surge, attributed to increased reliance on e-commerce channels amid the COVID-19 pandemic Europe to remain the dominant market, expected to account for over 2 out of 5 sales followed by North America

“Manufacturers are concentrating on continuous product launches in the wake of growing interest by large corporations in the ever expanding veganism trends prevailing across consumer eating habits,” comments the FMI analyst.

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COVID-19 Impact Analysis

The plant-based sausages market is poised to acquire spectacular gains during the pandemic crisis, attributed in large part to shifting consumption patterns. Preference for plant-based foodstuffs to maintain immunity is currently driving market growth.

Imposition of lockdowns have dramatically altered consumer food priorities since the onset of COVID-19. In the United Kingdom, for instance, over 12% of the consumers, out of which a quarter comprise young millennials, are significantly attracted towards a vegan diet.

As the pandemic continues impacting global food supply chains, significant efforts have been made to make food production and supply flexible and fluid to mitigate possible disruptions. Even in the post-pandemic scenario, demand for vegan products will continue sustaining the plant-based sausages market in the long run.

Competitive Landscape

Prominent players in the plant-based sausages market include Smithfield Foods, Beyond Meat Inc., Nestle S.A., Tyson Foods, Whole Foods, Amy’s Kitchen Inc., Tofurky, Field Roast, Lightlife Foods Inc., Moving Mountain and The Meatless Farm Co. among others.

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The aforementioned players concentrate on enhancing their portfolios by introducing innovative products as well as entering into strategic alliances to consolidate their presence. For instance, Nestle Food’s Purina brand unveiled its fava-derived protein foods for pets in November 2020.

Similarly, in 2019, Tyson Foods unveiled its Raised and Rooted® plant-based and blended products line with the objective of expanding its protein based offerings. The company also announced to expand its existing production capacities in November 2020 by inaugurating new facilities in China and Thailand.

In October 2020, Lightlife Foods Inc. successfully inked a partnership deal with Bowlero Corp to supply its plant-based burgers across the latter’s cafeteria menus. The company is also expected to sponsor the 2020 Go Bowling! Tour Fall Swing.

Frequently Asked Questions

  • How will the plant-based sausages market expand until 2028?
  • What drivers underpin the plant-based sausages market growth?
  • Which is the largest market for plant-based sausages?
  • What is COVID-19’s impact on the said growth projections?
  • Which are the prominent plant-based sausages market players?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Algae Fats Market : Industry Future Set to Massive Growth with High CAGR value

Rising levels of health awareness among consumers, and growing preference for vegan and vegetarian nutritional sources is bolstering the growth of the algal fats market. Environmental concerns and depletion of fossil fuel reserves are likely to benefit the industry.

Applications of algal fats in food and beverage, biofuel, and animal feed sectors are key factors that are likely to positively influence market developments. Algae fat products are widely used in dietary supplements for key nutrients such as omega-3. Niche applications in pharmaceuticals are also likely to aid market players in the long-term.

Key Takeaways from the Algae Fats Market Study Global algae fats market to grow at a healthy CAGR through 2030. East Asia to reflect strong growth rate, Europe to hold lead in market prospects for the assessment period. Algae fats for feed grade variants will witness relatively higher sales, driven by innovations in customized formulations for animal nutritional products. Major players are investing in improvements for supply and distribution chains to consolidate regional presence. Food and beverage applications, pertaining largely to edible oils will gain traction owing to demand for demand for healthier ingredients.

“Algae fats are natural sources of antioxidants, omega-3 fatty acids, and protein, which is a key factor driving adoption as dietary supplement ingredients. As a result, algae fats are gaining significant traction among health-conscious consumers across the globe,” said an FMI analyst.

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Covid-19 Impact Insights

The covid-19 impact is likely to generate lucrative opportunities for growth in the algae fats market. Lockdown restrictions on algae cultivation industries, and supply chains are key short-term concerns during the crisis. Applications in the dietary supplement sector in offerings for home-consumption, is likely to gain ground.

Demand is likely to continue rising through 2030, despite the threat of the virus on the global economy. Also, the market is likely to display steady growth even post pandemic, supported by increasing levels of health awareness among consumers and health care practitioners, positively influencing demand for the foreseeable future.

Participants in the algae fats market are largely focused on investments into research and development to widen the scope of applications for algae fats. Also, strategic collaborations towards product development and capacity expansions are likely to find importance during the forecast period.

IKEA, under its Space10 initiative has revealed efforts towards the development of dishes with unconventional ingredients, including algae fats, insects and meat substitutes among others, in line with the company’s sustainability strategies.

Unilever has partnered with Algenuity, a biotech startup towards investing in research for new food products incorporating microalgae as a key ingredient for sustainable sources of fats and nutrition, aimed for the commercial market.

Yemoja, a start-up based in Israel has unveiled a new cultivation platform for growing and harvesting algae at commercial scales with photobioreactor technologies. The company has announced plans to develop and produce varied products from the harvest.

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More Valuable Insights on the Algae Fats Market

In a new report, Future Market Insights has given a detailed analysis of the global algae fats market with detailed analysis in terms of historical demand between 2015 and 2019. In addition, the report provides forecast data for the period from 2020 to 2030. The study covers projections of growth for the algae fats market on the basis of type (food grade and feed grade), application (biofuel, dietary supplements, and animal feed), and distribution channels (e-commerce, specialty retailers, supermarket/hypermarket, and others), across 6 key regions.

Frequently Asked Questions

  • How will algae fats market grow in the future?
  • What trends influence the algae fats market?
  • Which is the more prominent use of algae fats?
  • How is COVID-19 Impacting the algae fats market?
  • Which are the major players in the global algae fats market?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Dairy Ingredients Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032

As per Future Market Insights (FMI), the overall market value for dairy ingredients is expected to reach USD ~90 Bn by 2032, rising at a CAGR of 4.4% between 2022 and 2032. Healthy eating habits among consumer is driving the global dairy ingredients market.

Market value 2022 ~USD 60 Bn
Market value 2032 ~USD 90 Bn
Global Growth Rate (2022 to 2032) ~4.4% CAGR
Forecast Period 2022-2032

The rise in consumption of ready-to-eat foods, cheese, yogurt, curd, and other functional food ingredients has climbed due to the presence of protein. The versatile application of dairy ingredients for food processing as well as the application of dairy ingredients in cosmetics is driving the market.

Dairy products are very rich in protein and essential amino acids due to the presence of casein and caseinates in milk. Lactose derivatives of milk find application in pharmaceutical procedures as prebiotics to promote gut health. Conventionally, milk and dairy consumption are linked with holistic diet quality.

According to the United Nations, the world population is expected to reach 9.7 billion by 2050 providing the nudge for dairy ingredients consumption. Convenient sales channels of discount retail chains, e-commerce, and supermarket retailing are benefitting the dairy ingredients market.

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Key Takeaways from the Market Report

  • The global dairy ingredients market totaled sales of USD ~60 Bn in 2022.
  • Milk powder is easy to store and has a greater shelf life as compared to pure milk and is projected to grow at a rate of ~4%. Milk powder is expected to remain the dominant market segment by product type, attributed to extensive applications across infant foods and growing consumption of ready-to-eat bakery and confectionery and ready-to-drink tea, coffee, and other milky beverages.
  • Dairy ingredients precipitated from milk like casein and caseinates, and whey is a crucial raw material in the development of supplements and in other food processing applications.
  • There is the application of dairy ingredients in cosmetics and personal care products in form of an aqueous solution of casein and milk as a natural moisturizer.
  • Asia Pacific dairy ingredients market is expected to grow at 4.3%. India and China spearheading the Asia-Pacific dairy ingredients industry growth which is expected to pivot global growth given the rapid urbanization, rising number of convenience stores, and tech advancements in dairy processing.
  • The components of dairy ingredients on the label are expanding for the sake of making food and beverage products more nutritional, proliferating demand for various dairy ingredients.

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Competitive Outlook

  • Strategic alliances will aid the growth of the dairy ingredients market, like, the collaboration between India’s Future Group and New Zealand’s Fonterra co-operative dairy to develop and provide high-value consumer dairy products.
  • Major dairy ingredient companies include Fonterra Co-operative Group, Lactalis Group, AMCO Proteins, Arla Foods, Cayuga Dairy Ingredients, Dairy Farmers of America, Epi Ingredients, Friesland Campina, Glanbia Plc, Gujarat Co-operative Milk Marketing Federation Ltd. , Ingredia SA, Kerry Group, Megmilk Snow Brand Co., Meiji Holdings Co., China Mengniu Dairy Company Limited, Yili Group, Nestle S.A., Saputo, Schreiber Foods Inc., Sodiaal Group and Volac International Ltd. and others.
  • Product launches, collaborations with ministries and dairy councils, mergers, acquisitions, collaborations with tech companies, and advanced research and development are the primary strategies used by the aforementioned dairy ingredients companies.
  • Furthermore, certain players also participate in organizing exhibitions and trade fairs to extend product outreach to newer customers and industry end-users.

“The dairy ingredients market is driven by their taste, flavor, and health benefits. Rising awareness about the dairy products along with increased use in the food and beverage industry in the form of spreadable, enhancers, and emulsifiers are key factors for market expansion,” says a lead analyst at Future Market Insights.

About Food & Beverage Division at Future Market Insights

Key Segments

By Product Type:

  • Proteins
  • Milk Powder
  • Milk Fat Concentrates
  • Casein and Caseinates
  • Lactose & Its Derivatives
  • Whey
  • Other Types

By Form Type:

  • Powder
  • Liquid

By Application:

  • Bakery & Confectionery
  • Dairy Products
  • Sports Nutrition Products
  • Infant Formulas
  • Cosmetics
  • Pharmaceuticals
  • Other Applications

By Distribution Channel:

  • E-Commerce
  • Specialty Retailers
  • Supermarket & Hypermarket
  • Others

By Region:

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
  • Europe (Germany, Italy, France, U.K., Spain & Rest of Europe)
  • South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia & New Zealand and Rest of South Asia & Pacific)
  • East Asia (China, Japan & South Korea)
  • Middle East & Africa (GCC, South Africa, Israel & Rest of MEA)

Frequently Asked Questions

  • How will the global dairy ingredients market expand in the future?
  • What drivers underpin the global dairy ingredients market growth?
  • Which is the most prominent dairy ingredient type?
  • Which is the largest dairy ingredient market?
  • Which are the prominent dairy ingredients market players?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the dairy enzyme market is estimated to reach a value of USD 1500 Mn by 2032, surging at 8% CAGR through the decade.

The increased demand for various dairy-based processed foods is driving revenue growth in the dairy enzymes market. Dairy enzymes are being used more frequently in low-lactose products such as milk enzyme, gluten dairy enzyme, enzyme dairy ingredients, and so on, as there is growing concerned about lactose intolerance, the benefits of dairy enzymes, and other digestive disorders.

Moreover, dairy enzyme products are safe for people of all ages to consume. Demand is being driven by dietary trends such as healthy eating and hydration habits. Furthermore, a greater understanding of the benefits of personalized nutrition solutions is assisting long-term growth.

In the dairy industry, enzymes are used as coagulants in cheese production or as bio protectors to improve the safety and shelf-life of dairy products. Possibilities are also expanding as vegan food products gain popularity.

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Key Takeaways from Market Study

  • The United States is expected to be a significant revenue contributor to the global dairy enzymes market through 2031, with a value CAGR of around 7%.
  • From 1.3 million in 2016 to 2.6 million in 2020, the number of people switching to a vegan or plant-based diet has more than doubled. This trend was most prominent in Germany. As a result, plant-based dairy products have grown in popularity.
  • Fibrolytic enzymes can be used as a feed additive in ruminant diets to help cows digest forage fibre and produce more milk, so enzyme dairy cows may find a market in India.
  • The demand for dairy enzyme export is expected to recover during the forecast period, owing to foreign countries’ high reliance on China for the ingredient, as well as cumulative efforts in R&D and revolution progress in dairy enzyme technology and related equipment.
  • In the forecasted period, Japan is expected to contribute nearly 3.3 percent CAGR.

“The COVID-19 outbreak has largely harmed the global dairy enzymes industry. The decreased demand for dairy products in the foodservice sector has been a major source of concern. However, lockdown restrictions will be significantly eased by the end of 2020, improving recovery prospects for dairy enzymes,” says a Future Market Insights analyst.

The global dairy enzymes market is highly fragmented, with numerous global and regional players. To keep up with the competition, active companies are involved in new product development, expansion, and acquisitions. Some of the major players are expanding their global presence by acquiring foreign manufacturers.

  • In September 2021, Novozymes launched five powerful biological solutions to address key challenges for North American farmers seeking to improve yield and fertility while increasing biocontrol application.
  • UmamizymeTM Pulse, a non-GMO enzyme designed for use in a variety of plant protein products to produce a pleasant, savoury flavour, will be released in March 2021 by Amano Enzyme.

SternEnzym, Novozymes, Kerry Group, DSM, Dow DuPont, Danisco A/S, Biocatalysts, Amano Enzyme, Advanced Enzymes Technologies, and CHR. Hansen is among the prominent players in this sector.

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Explore More Valuable Insights

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

Market Segments Covered in Global Dairy Enzyme Market Analysis

By Product :

  • Carbohydrate Dairy Enzymes
  • Protease Dairy Enzymes
  • Polymerase & Nuclease Dairy Enzymes
  • Lipase Dairy Enzymes
  • Phytase Dairy Enzymes
  • Other Dairy Enzymes

By Source :

  • Plant-Based
  • Animal and Micro-organisms based

By Application :

  • Dairy Enzymes for Milk
  • Dairy Enzymes for Cheese
  • Dairy Enzymes for Ice Creams & Desserts
  • Dairy Enzymes for Yogurt
  • Dairy Enzymes for Whey
  • Dairy Enzymes for Infant formula
  • Dairy Enzymes for Other Applications

By Distribution Channel :

  • E-Commerce
  • Speciality Retailers
  • Supermarket/Hypermarket
  • Others

By Region :

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

Frequently Asked Questions

  • What is the current worth of the diary enzyme market?
  • What is the projected market share of the dairy enzyme market?
  • At what CAGR is the market expected to grow?
  • Which are some of the top companies manufacturing dairy enzymes?
  • What are the growth prospects in the North American dairy enzyme market?
  • What are the opportunities in Europe?
  • What is the scope of the dairy enzyme industry in Asia?
  • Which application area accounts for higher sales of dairy enzymes?
  • Which source of the dairy enzyme is more likely to be dominant?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Juice Concentrate Market Value with Status and Global Analysis 2022 | Future Plans and CAGR Forecast by 2032

According to the latest FMI research reports, the worldwide juice Concentrates Market size is predicted to grow at a compound annual growth rate of a CAGR of 5.3% from 2022 to 2032, reaching USD 55,401.7 million.

Functional foods and beverages have made great strides in recent years, demonstrating that health-conscious millennial consumers prefer a balanced diet.

Concentrated juice is made from both vegetables and fruits, but fruit-based varieties are becoming more popular. This trend is unlikely to change as consumers prefer natural beverages and have more fruit flavor choices. The stockpile of staple food consumers, including fruit drinks, will also fuel demand during the Covid 19 pandemic.

The demand for natural sweets instead of sugar also creates new growth opportunities for the juice concentrate industry.

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Key Takeaways from Market Study

  • Global revenues are set to grow steadily, with the 1stquarter of 2022 critical for a sustained recovery.
  • Countries in the MEA region have been reflecting steady growth in demand, with manufacturers producing multi-fruit concentrates at high-profit margins.
  • North America, followed by Europe are leading regional markets in the juice concentrate industry.
  • The growing demand for natural foods, coupled with higher awareness regarding processed foods and concerns over nutrition and health are likely to influence demand in the long term.

“The juice concentrates market is being driven by their taste, aroma, and health benefits. Rising awareness about the product along with increased use in the F&B industry are key factors for market expansion,” says a lead analyst at Future Market Insights.

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Who is Winning?

Many CEOs re-checked their company’s portfolios and re-figured their strategy in 2020 and 2021 due to the global upheaval generated by COVID-19. Companies have worked on strategies such as marketing and packaging, adopted labels trends, and taken various steps to promote the product in different markets along with reaching new geographies.

New product launches and the resultant expansion of existing product portfolios, in addition to strategic acquisitions and mergers, are some of the primary strategies being used by the companies to remain competitive in the market.

Some of the leading companies offering juice concentrates are Northwest Naturals LLC, DOHLER GmbH, Welch Foods Inc., Ingredion Incorporated, FruitSmart, Sudzucker AG, AGRANA Investment Corp, Diana Naturals, SVZ International B.V., Prodalim Group, Bell Flavors & Fragrances, Citromax, Carotex Flavors.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the juice concentrates presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Key Segments

Product Type :

  • Vegetables
  • Fruits

Form :

  • Powder
  • Liquid

End Use :

  • Food and Beverage Industry
    • Confectionery & Bakery
    • Dairy Products
    • Soft Drinks
    • Tea
    • Alcoholic Beverages
  • Dietary Supplements
  • Cosmetics & Personal Care Industry
  • Others

Region :

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico, & Rest of Latin America)
  • Europe (Germany, U.K., France, Spain, Italy, BENELUX, Nordic, Russia, Poland & Rest of Europe)
  • Middle East & Africa (GCC, South Africa, & Rest of MEA)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Malaysia, Indonesia & Rest of South Asia)
  • Oceania (Australia & New Zealand)

Frequently Asked Questions

  • What is the growth rate of the Juice Concentrate Market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global Juice Concentrate market?
  • What are the major regional markets for Juice Concentrate?
  • Which region consumes the highest amount of Juice Concentrate?
  • What are the most common product types of Juice Concentrate in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Plant-based Hot Dogs Market by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2030

Global plant-based hot dog sales grew by over 20% in 2020, signaling that years of steadily building consumer awareness is shifting market dynamics in a segment traditionally dominated by meat-lovers. The newfound commercial success has led to a scramble, with conglomerates, as well as niche manufacturers vying for a pie of the market. In its expansive new study, Future Market Insights’ offers a holistic, yet detailed analysis on how growth will unfold through 2030.

The study opines that novel technological developments are being considered to streamline plant-based hot dog production processes. Immense opportunities abound in precision fermentation techniques for the extraction of plant-based proteins. For instance, Impossible Foods is already producing its signature ‘lehemoglobin’ formulation using this technology.

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Key Takeaways

  • Global plant-based hot dog market to surpass US$ 500 million by 2021-end
  • Europe set to capture over 50% revenue share until 2022, South Asia to be fastest growing market
  • Soy-based protein formulations to remain most preferred throughout the assessment period
  • Plant-based beef to retain lucrativeness, pork garnering significant momentum
  • Online sales to witness a prolific upsurge, attributed to shutdowns imposed by COVID-19 pandemic

“Increasing government support to promote vegan products consumption has attracted manufacturers to lucrative markets, thus broadening scope of the market,” concludes the FMI analyst.

COVID-19 Impact Insights

While sales were already on an upward trajectory, the market for vegan products has catapulted even more since the pandemic’s onset, thus enhancing prospects for plant-based hot dogs in the coming future. Currently, at least 1 out of 50 retail packaged meat sales are plant-based.

As consumers look towards options to boost their immunity, consumption of plant-based diets have witnessed a substantial surge. Markets across the U.S, India and China are especially experiencing this increase as they are amongst the most affected countries by the novel coronavirus.

Besides the voluntary shift towards plant-based alternatives, market players are also looking to strengthen existing supply chains so as to offset any possible price shocks which may occur amid fears of a second wave of infections.

Competitive Landscape

Prominent players in the global plant-based hot dog market include Quorn Foods, Morningstar Farms, Daring Foods, Yves Veggie Cuisine, Gardein, Ingredion Inc., Glanbia Plc., Beyond Meat Inc., Nestle SA, Archer Daniels Midland Company, Cargill Incorporated, and Roquette Frères S.A., among others.

The aforementioned players rely largely on new product launches and strategic collaborations with prominent players, owing to the highly competitive nature of the market. In addition, these players are actively aiding government bodies in promoting vegan products and designing policies promoting the same.

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More Insights on FMI’s Plant-based Hot Dog Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global Plant-based hot dog market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the Plant-based hot dog market on the basis of product type (Plant-based chicken, Plant-based beef, and Plant-based pork), source (soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based protein, flax-based protein, chia-based protein, and corn-based protein) and distribution channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Food Stores, Online Retail, and HoReCA) across seven prominent regions.

Key SegmentsProduct Type 

  • Plant-based Chicken
  • Plant-based Beef
  • Plant-based Pork

Source

  • Soy-based Protein
  • Wheat-based Protein
  • Pea-based Protein
  • Canola-based Protein
  • Fava-Bean Based Protein
  • Potato-based Protein
  • Rice-based Protein
  • Lentil-based Protein
  • Flax-based Protein
  • Chia-based Protein
  • Corn-based Protein

Distribution Channel

  • Retail
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • HoReCa (Food Service Sector)

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (EU-4 (Germany, France, Spain, Italy), U.K, BENELUX, Nordics, Russia, Poland & Rest of Europe)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia, Singapore & Rest of South Asia)
  • Oceania (Australia & New Zealand)
  • Middle East & Africa (GCC, South Africa, Turkey, Iran, Israel and Rest of MEA

Frequently Asked Questions

  • How will the plant-based hot dog market expand in the near-term?
  • Which is the largest market for plant-based hot dogs?
  • What drivers underpin market growth?
  • How is COVID-19 impacting growth prospects?
  • Which are the prominent plant-based hot dog market players?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Plant-Based Burger Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2030

Plant-based burger market is witnessing a spike in demand, which is expected to continue post pandemic according to a recent report published by Future Market Insights (FMI). Although the pandemic has hit production and supply chains across the world, the global plant-based burgers market has managed to attract demand from consumers says FMI.

The global plant-based burgers market is poised to witness extraordinary growth with CAGR of above 22% for the forecast period 2020-2030, according to FMI. Though plant based burgers were originally developed with vegan and vegetarian consumers in mind, many others are also joining in the ongoing trend. The concepts like ‘flexitarians’ and similar others are gaining traction owing to concerns for health as well as eco system.

Furthermore, animal borne diseases such as COVID-19, SARS, bird flu and many others are pushing more people towards plant based food products. The magnitude and intensity of novel Corona virus is making consumers opt for healthier food substitutes with high nutritional value.

Plant based burgers are made as replacement of regular animal meat burger, using plant ingredients and natural sources without compromising the benefits, but attempting to reduce the drawbacks. These greener and healthier alternatives to the existing food choices are gaining momentum in the market post the onset of COVID-19 suggests report.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12766

Some of the key takeaways from the report are as follows:

  • Europe to continue as the largest market in terms of market size throughout the forecast period
  • Plant based beef is identified as the most lucrative product in the segment
  • Brands in the food and beverages industry looking to partnering with plant based food companies to expand reach
  • HoReCa (food service sector) to emerge as the largest distribution channel throughout forecast period
  • East Asia and Latin America to achieve highest growth by the end of forecast period 2020-2030

“As the demand for plant-based burger continues to grow, market players are aiming at innovating packaging and storage solutions to ensure nutrients in their products remain intact for a longer period. They are even forging partnerships with several leading names in food chains to ensure they have a widespread footprint” says analyst at FMI.

COVID-19 Impact on Plant Based Burgers Market

COVID-19 pandemic has impacted life and business since its advent. The lockdowns imposed by the governments to reduce the impact of the pandemic has brought businesses across the world to halt. Many businesses incurred heavy losses owing to the shutdowns in the production. However, plant based food was one particular industry which saw a spike in growth amidst all the uncertainty caused by the pandemic.

This growth could be attributed to the fear in people’s minds because of the animal borne disease such as COVID-19. As the impact of the disease grew stronger, the growth in the sales of healthy and nutritious plant based meat substitutes saw exponential increase. Lockdown imposed in March 2020 saw one of the biggest spikes in sales of plant based meat substitutes in regions including Europe, North America, Latin America and others.

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Who is Winning?

Companies are looking at mergers and acquisitions as the key strategy to gain advantage over the competitors in the market.

Many popular brands in the food and beverages industry are partnering with plant based food companies to reach out to the vegan, vegetarian and flexitarian community.

For instance, fast food giants such as burger King, McDonalds and many other popular restaurant chains are partnering with popular plant based burger brands such as impossible burgers, beyond meat and so on to cater to the wider group of consumers.

Many other food joints are following suit and bringing plant based meat substitutes to their menus. Rising popularity of plant based foods is forcing known brands and new players in the food industry to invest big in the market.

For instance, Burger King partnered with ‘Impossible foods’, a popular brand of plant based products to offer plant based burgers to its customers. Introducing these plant based options has helped Burger King in gaining advantage over rival and popular brand McDonalds. It also increased its customer base as vegan and vegetarian consumers were added because of the new additions in the offerings.

Valuable Insights on Plant-Based Burger Market

Product Type

  • Plant based Chicken
  • Plant based Beef
  • Plant based Pork
  • Plant based Fish/Fishless Fish

Source

  • Soy-based Protein
  • Wheat-based Protein
  • Pea-based Protein
  • Canola-based Protein
  • Fava Bean-based Protein
  • Potato-based Protein
  • Rice-based Protein
  • Lentil-based Protein
  • Flax-based Protein
  • Chia-based Protein
  • Corn-based Protein

Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Food Stores

Region

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

Frequently Asked Questions

  • How big is the plant-based burgers market?
  • Which region exhibits highest demand for plant-based burgers?
  • Which are the top companies in the plant-based burgers market?
  • Which is the most preferred distribution channel in the plant-based burgers market?
  • What is the outlook on the plant-based burgers market?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

LinkedIn| Twitter| Blogs

Plant-Based Meatballs Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast To 2030

The plant-based meatballs market is witnessing impressive growth due to the rising demand for alternate meat. As people are getting more inclined towards vegetarian or flexitarian diet, the demand for plant-based meatballs products is sky-rocketing across the global.

According to Future Market Insights (FMI), the global plant-based meatballs market is expected to rise at 23% CAGR during the forecast period from the year 2020 to 2030.

As an increasing number of people are moving away from meat to plant-based alternatives to live a cleaner and healthier life, plant-based meatballs market is experiencing surge in demand across the globe. Furthermore, the health-risks associated with various kind of meats such as red meat, and others are encouraging more consumers opting for plant-based meatballs products.

With the growing concern regarding animal life and welfare, more people are choosing to become vegan resulting in further increase in plant-based meatballs products Despite facing decline in market growth due to COVID-19 pandemic, the global plant-based meatballs market is expected to recover its growth rate by the beginning of 2021 creating ample of opportunities for the market players.

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FMI offers an exhaustive overview of the global market, along with its various growth drivers and restraints.

Some of the key takeaways from the report are highlighted below-

Plant-based chicken is expected to lead the global market among all other plant-based meatball products throughout the forecast period Soya-based protein sources are expected to gain traction all over the world in the coming years Food service sectors are anticipated to remain as the most efficient distribution channels Europe is expected to lead the global market in the coming years followed by North America Increasing concern for healthy, vegan lifestyle among the consumers is expected to boost the market growth in the near future

“Rising demand for plant-based meat alternatives has been aiding overall growth of the market. With some of the leading brands introducing plant-based meat balls in their menu to cater to health-conscious consumers, the market is expected to witness a flurry of launches in the coming years” says an FMI analyst.

COVID-19 Impact Analysis

The recent outbreak of novel coronavirus has affected the market growth due to several factors such as non-operational manufacturing units during the lock down period, unavailability of sufficient manpower, scarcity of raw materials, financial crisis, job recession, and others.

In the other hand, COVID-19 pandemic has made people more concerned about their health resulting in higher demand for the plant-based protein supply.

Despite facing a few constraints due to the pandemic, the global plant-based meatballs market is expected to grow further in the coming years.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12762

Who is Winning

In order to capitalize on opportunities prevalent in the global plant-based meatballs market, the key market players such as Beyond Meat, Kellogg’s, Sysco Foodie, Hydrosol, Gardein, Ikea, Zhenmeat, and others are focusing on launching wide varieties of products launching to target broad range of customers.

Beyond Meat has released their extensive range of plant-based meatball products such as pre-formed and ready-to-cook BEYOND MEATBALLS™, BEYOND BREAKFAST SAUSAGE®, COOKOUT CLASSIC™, BEYOND BURGER®, and others.

Sysco Foodie has launched their Sysco Cutting Edge Solutions Products in February 2020, in order to provide several categories of plant-based meat balls products such as Tyson Boneless Thigh Wings, Sysco Classic Fully Cooked Chicken Skewers, Sysco Classic Sous Vide Sirloin Steak, and others. Zhenmeat has launched their diverse range of plant-based meatballs products such as beef patty, steak, pork loin, crayfish and dumplings, and others.

Recently Subway has announced their exciting partnership like exclusive Halo Top Creamery® hand-spun milkshakes and fresh-baked King’s Hawaiian® bread.

As the global plant-based meatballs market is expanding steadily, the competition is expected to become tougher in the near future.

More Valuable Insights on Plant-Based Meatballs Market

In the latest report by Future Market Insights, we offer a thorough unbiased analysis of the global plant-based meatballs market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (plant based chicken, plant based beef, plant based pork), source (soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based protein, flax-based protein, chia-based protein, corn-based protein), distribution channel (hypermarkets/supermarkets, convenience stores, specialty food stores, online retail, HoReCA), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Frequently Asked Questions

  • At what CAGR is the plant-based meatballs market expected to grow?
  • plant-based meatballs?
  • Which are the top companies in plant-based meatballs market?
  • Which is the most lucrative category of plant-based meatballs?
  • Which source is most preferred for deriving plant-based meatballs?
  • Which is the preferred distribution channels in plant-based meatballs market?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Flexible Endoscopes Market by Manufacturers, Regions, Type and Application, Forecast to 2032

According to an analysis by Future Market Insights (FMI), the flexible endoscopes market is expected to be valued at US$ 12 bn in 2032, with a 7% CAGR during the forecast period. The adoption of the flexible endoscopes Market is expected to be fueled by the rising prevalence of chronic medical conditions. The expanding elderly population suffering from target diseases has increased demand for endoscopic operations, which has boosted the flexible endoscopes market growth. Because of the expanding prevalence of chronic diseases, a growing number of patients are turning to endoscopy as a vital tool for early-stage diagnosis. As a result of the facts mentioned above, the increased prevalence of chronic illnesses is expected to boost demand for endoscopic operations, boosting the overall market size. The universal principles and action areas for health promotion were defined during the WHO Global Health Promotion Conferences. As a result, encouraging government programs to raise awareness about chronic diseases is predicted to have a substantial impact on flexible endoscope acceptability and market growth.

Several organizations and countries have established guidelines and norms for using endoscopic devices more safely and effectively. However, changing medical equipment laws may function as a roadblock to the market need for flexible endoscopes. Regulatory changes could result in penalties and a loss of market access in a global economy. The COVID-19 pandemic has had a small detrimental influence on the flexible endoscopes sector in early 2020. Since the COVID-19 afflicted patients received emergency hospital admissions and facilities in early 2020, various reports have shown a decrease in the number of endoscopic treatments suggested to manage chronic diseases. Owing to the factors mentioned above, the global flexible endoscopes market is expected to reach US$ 7.99 Bn in 2026.

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Key Takeaways

  • In 2021, the fiberscope segment had a market share of more than USD 3,593 million and was worth more than USD 3,593 million.
  • From 2022 to 2032, the pulmonary endoscopy segment is expected to grow at a CAGR of over 7%. The fast aging of the population is blamed for this significant increase in the prevalence of respiratory illnesses.
  • In 2021, the ambulatory surgical centers category had a significant market share, and by 2028, it is expected to reach more than USD 2,602 million.
  • In 2021, the United States dominated the North American flexible endoscopes market, with a considerable market share expected to approach USD 3,020 million by 2028. Several factors contribute to the considerable market share, including the presence of major industry players, an increase in the number of bariatric procedures, and so on.

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Competitive Landscape:

Olympus Corporation, Boston Scientific Corporation, Fujifilm Corporation, and Karl Storz are among the top market players in the flexible endoscopes sector.

These market players focus on strategic advancements, such as collaborations, new product launches and commercialization, and vertical integration to expand their businesses. Furthermore, these companies are extensively spending on R&D operations, which allows them to innovate and capitalize on these products, resulting in increased market revenue.

  • In August 2021, the FDA approved Boston Scientific’s EXALT Model B Single-Use Bronchoscope. This bronchoscope was created to be a replacement for reusable bronchoscopes. The company was able to expand its flexible endoscopes offering across numerous care settings due to this clearance.
  • In January 2021, Olympus Corporation announced the acquisition of Quest Photonic Devices to strengthen its position in the surgical endoscopy sector. This strategic move bolstered Olympus’ position as a global pioneer while also expanding the company’s client base.

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About Us    

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

LinkedIn| Twitter| Blogs