Pet Food Processing Market Analysis By Supply And Consumption Demand Analysis To 2032

The global pet food processing market is expected to be worth USD 5.0 billion in 2022, rising to USD 8.4 billion by 2032, representing a CAGR of 5.3 percent for the forecast period of 2022–2032.

The pet food processing market is predicted to grow as demand for pet food rises due to the recent trend of pet parenting. Growing pet food processing research and development, as well as technical improvements, are predicted to produce amazing outcomes in terms of new products that will appeal to customers and propel the pet food processing market to new heights.

For the years 2019-2020, the pet dog and cat population has grown at a considerable rate of 3.5 percent. This indicates that more and more people are getting into pet ownership, and the demand for chemical-free, high-nutrition, high-quality food has grown. This is likely to help the burgeoning pet food processing industry.

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Key Takeaways from Market Study

  • Companies are more likely to explore sustainable pet food processing methods. Companies can also fulfill their CSR obligations by moving to sustainability
  • US pet food processing market is projected to grow at a CAGR of around 5.8% over the next ten years.
  • An alternative source of protein could boost profits for businesses while also improving the quality of pet food. With technological advancements, companies are using algae, yeast and insects to make superior quality high protein pet food.
  • India’s pet food industry is anticipated to be valued at 25 billion INR, with around 29 million pets. As a result, it is a valuable market location for businesses.
  • Rising pet humanizing trend and growing demand in Europe, the pet food processing market is expected to flourish in this region.

“ The pet food processing market is expected to have significant growth due to the trends and factors like use of animal-free pet food, Natural preservative demand, variety of ingredients, increase in pet keeping and pet humanization trend,” says a lead analyst at Future Market Insights.

Competitive landscape:

Pet food processing companies are more inclined towards research and development to enhance the quality of their products. Manufacturers are using advanced technologies and methods to get superior pet food that is cost-effective and sustainable.

  • Bond pet inc. use methods that can make their high-protein pet food products animal-free. Crickets are an excellent source of protein in pet food that is both cost-effective and beneficial to animals.
  • Bergen and Biomega Group use fish by-products from salmon processing units to make pet food of supreme quality. These are used to increase the protein and fatty acid content of pet food, which is quite preferred among pet owners.

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Market Segments Covered In Pet Food Processing Market Analysis

By Product Type :

  • Mixing & Blending Equipment
  • Forming Equipment
  • Baking & Drying Equipment
  • Cooling Equipment
  • Others

By Form :

  • Dry Food
  • Wet Food

By Application :

  • Dog food
  • Cat food
  • Fish food

By Regions :

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

Frequently Asked Questions

  • How much is the pet food processing market currently worth?
  • At what CAGR is the market expected to grow?
  • What are the key trends boosting pet food processing sales?
  • How are market players reacting to the new developments in the market?
  • How many shares do the top 5 companies hold?
  • Which are the major countries driving demand for pet food processing?
  • Who are the major players in Pet food processing market?
  • At what rate will the U.S. pet food processing market grow?

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

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Microencapsulation Market Competitive Landscape Analysis, Growth Factors, Regional Developments and Forecasts 2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider the global microencapsulation market is expected to be worth USD 6.5 billion in 2022 and USD 10.3 billion by 2032, growing at an annual rate of 8.2% from 2022 to 2032.

Microencapsulation is becoming more common as the need for functionally enriched foods and medications grows. Flavors, vitamins, minerals, essential oils, and other additives can be microencapsulated and added to food products to increase their useful properties.

Because of the advantages achieved by manufacturers, microencapsulation technologies have a considerable impact on the pharmaceutical business. In the pharmaceutical industry, active compounds such as biomolecules, proteins, and genetic molecules are encapsulated to meet market demand for value-added goods.

Encapsulation is a procedure that major corporations around the world are focusing on because they regard it as a method of immune protection. Technology in the microencapsulation sector is widely used to manufacture and sell its products all over the world.

In the future, textiles will be another popular industry in the worldwide Microencapsulation Market. Rising demand for cosmo-textile manufacturing technology is expected to assist market progress. Changing lifestyles are expected to stimulate demand for personal care products, which might be good news for the microencapsulation business.

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Key Takeaways from Market Study

  • North America represented 33% of overall sales in North America in 2021, because of strong demand for pharmaceutical-grade food and beverages.
  • The UK Microencapsulation Market is expected to grow at a CAGR of 5.9% from 2022 to 2032, owing to the early adoption of the technology in end-use applications. Large pharmaceutical corporations in the region, such as GlaxoSmithKline and Novartis, have influenced market demand by concentrating on the development of new drug delivery techniques.
  • In terms of applicability, the pharmaceutical and healthcare products industry is anticipated to be the most profitable. For regulated medicine delivery, microencapsulation is commonly employed in the healthcare and pharmaceutical industries. Pharmaceutical companies routinely use microencapsulation technology to hide the strong taste or odor of medications and to allow for targeted and controlled delivery.
  • Gelatine is a widely used coating material that is predicted to expand at a substantial rate of more than 5% CAGR throughout the forecast period. Because it is a water-soluble resin, it is frequently employed in the pharmaceutical, food, and agriculture industries.
  • “The rising demand for technologies to produce beauty supplements utilizing natural ingredients is projected to assist market expansion. Furthermore, as more people become aware of the health benefits of N-3 fatty acids, the demand for microencapsulation for masking applications is expected to increase.”says a lead analyst at Future Market Insights.

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Who is Winning?

Microencapsulation’s growth is expected to be fueled by its growing popularity in a range of end-user industries. Because qualities including durability, bioavailability, distribution, and efficacy are all closely regulated, encapsulation is essential for medicinal foods, nutraceuticals, and meal-replacement products.

For example, In India, Koninklijke DSM opened a second plant for animal nutrition and health premixes in 2018. The firm has grown its geographical presence as well as its manufacturing capability as a result of this expansion, in order to meet the region’s expanding demand.

Some of the leading companies offering microencapsulation are Reed Pacific, Novartis, Encapsys, GAT Microencapsulation, Koninklijke DSM, GlaxoSmithKline, Ronald T. Dodge Company, Capsulae, and AVEKA.

Get More Valuable Insights

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

The study divulges compelling insights on microencapsulation based on application (pharmaceutical & healthcare products, food & beverages, household & personal care products, agrochemicals, construction material, textiles, and other applications), technology (spray technology, dripping technology, emulsion technology, and other technologies), core material (agricultural inputs, food additives, pharmaceutical & healthcare drugs, fragrances, phase change material, other core materials), shell material (polymers, gums & resins, lipids, carbohydrates, proteins) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Frequently Asked Questions

  • How much is the current worth of the Microencapsulation Market?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the microencapsulation?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for the Microencapsulation Market?
  • What outlook does Europe provide?
  • At what rate will the U.S. Microencapsulation Market grow?
  • At what level does the report reflect pricing analysis?

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About Future Market Insights (FMI)

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

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Food Grade Gases Market Analysis by Size, Rising Demand, Business Growth Factors and Revenue Strategies From 2022 to 2032

The global food grade gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029. According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the market for food-grade gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for food-grade gases for various end-uses. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. However, supply chain disruptions and decelerated demand due to coronavirus may negatively impact growth

It includes in-depth insights into the food grade gases market. Some of these are:

  • The estimated value of the market was at US$ 5.3 Bn in 2019. Through the course of the report’s forecast period, the market is likely to exhibit to a steady pace of growth.
  • North America accounted for the largest market in the global food grade industrial gases market owing to higher demand for processed food.
  • Europe is emerging as the second largest market for food grade industrial gases. However, it is considered as established markets.
  • Asia Pacific is growing at a faster rate to grab major market in this region.

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“The increasing use of gases such as carbon dioxide, nitrogen, etc., in carbonated drinks has resulted in a positive impact on the food grade gases market,” said a lead analyst at FMI.

Nationwide Lockdown due to Coronavirus has stunted the Market Growth

The raising prices of raw materials needed to produce are hampering demand development. Worsening situation is disruptions in the supply chain caused by the recent COVID-19 impact. With manufacturers facing difficulties in obtaining available raw materials and fewer labourers, the production might be hampered. Reduced transport due to lockdowns imposed across different nations is also limiting the growth of the sector. If COVID-19 continues to spread around the world, it is unlikely that prevailing economic problems will abate quickly at any time. Unprecedented events occur with the illness passing through one horrid phase after another.

Who is Winning?

Global Food-Grade Industrial Gases Market is a highly competitive market which a major share taken by the active player such as Linde plc, Linde plc, Air Liquide S.A. and others. Mergers and acquisitions and product innovations are the next strategies preferred by companies to strengthen their market dominance. This strategy helps companies to expand their presence in the market across the globe. For instance, Linde plc acquired Praxair which is America’s one of the largest industrial gas companies to capitalize theirs in the American market. Also, the key players are focusing on expanding their network of innovation centers, which enable them to collaborate with customers on new product development and reformulations and make investments.

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Get Valuable Insights into Food Grade Gases Market

Gas Type

  • Nitrogen
  • Carbon dioxide
  • Oxygen
  • Others

Product Type

  • Dairy and frozen products
  • Beverages
  • Fruits & vegetables
  • Meat
  • Fish & seafood
  • Bakery and confectionery
  • Others

Application

  • Freezing and chilling
  • Packaging
  • Carbonation
  • Others

Region

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

Frequently Asked Questions

  • What is the Growth Outlook for Food Grade Gases Market?
  • By 2032, how much can the Food Grade Gases Market Grow?
  • What is the Current Valuation of the Food Grade Gases Market?
  • Which Region is likely to Lead the Food Grade Gases Market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market 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

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Plant-based Nuggets Market Growth, Future Prospects and Competitive Analysis 2030

Future Market Insights (FMI) in a new study has predicted the consumption of plant based nuggets to surge in the forthcoming years. Rising focus on health and wellness among consumers is underpinning growth in the market. Market players are looking to capitalizing on this opportunity by mimicking the taste and nutritional profile of meat-based products.

However, production cost of plant-based nuggets is comparatively higher, which results in their high price. This could hamper the overall expansion of the market to an extent. Nonetheless, launch of their products in diverse textures and nuggets has been paving way for growth. Especially with focus on animal cruelty surging, FMI foresees positive growth on cards for the market.

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Key Takeaways from the Plant Based Nuggets Market Report The plant based nuggets industry is projected to grow at a CAGR of 26% during the forecast period of 2020-2030 Plant based chicken nuggets will remain under spotlight as best-selling product The EU Commission’s support for plant based meat products will help Europe continue to dominate the market Sales via HoReCa will continue to surge through the forecast period Surging adoption of vegetarian and flexitarian diet will open growth prospects for the market in South Asia

“Behemoths in the food chain business are taking cue from changing consumer preference and altering their menus accordingly. Plant-based nuggets are making increasing appearances across menus of some of the leading names in HoReCa business. This is expected to bode well for the market in the coming years,” said a lead analyst at FMI.

Covid-19 Impact Analysis

The Covid-19 pandemic has had a huge effect on people’s lifestyle, reshaping their food preferences. Increasing awareness about the body and immune system has encouraged people to shift to a healthy diet. Rising caution regarding animal borne diseases has compelled consumers to adopt vegan lifestyles. This had caused manufacturers to include plant based meat products in their menus and stores.

The pandemic disrupted market sales but is expected to bounce back with the reopening of several hotel chains. The inclusion of plant based products is expected to attract customers looking for healthier options, ensuring a growth in market.

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Who is Winning?

Leading manufacturers are now partnering with companies to introduce plant based meat products in their outlets. Giant manufacturers like Burger King have partnered with plant based meat manufacturers such as Vegetarian Butcher, to include plant based chicken nuggets in their menu.

In 2020, KFC teamed up with Beyond Meat to introduce plant based chicken nuggets in almost 100 stores in the United States. The success of plant based meat products has encouraged companies to invest in the market.

Manufacturers are focusing to develop ingredients that have zero gluten and are allergen free to create products that can be consumed by all. The leading players in the market are Burger King, KFC, McDonald’s Corporation, Alpha Foods, Urban Platter, Nestlé S.A., Heura Foods, The Vegetarian Butcher and Tyson Foods Inc. among others.

Valuable Insights into the Plant-Based Nuggets Market

Future Market Insights in a recent report has conducted a complete industry analysis of the years 2013-2019 with assessments for the forecast period of 2020-2030. The market is divided into various segments in order to give a detailed analysis.

Based on the product type, the market is divided into plant-based chicken, plant-based beef and plant-based pork. On the basis of the source, the market is segmented into 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. The market is also segregated based on the distribution channel into retail (hypermarkets/supermarkets, convenience stores or specialty food stores), online retail and HoReCa (Food Service Sector). Lastly, the market is divided based on the region into North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa.

Frequently Asked Questions

  • At what CAGR is the plant-based nugget market is expected to rise?
  • Which is the largest market for plant-based nuggets?
  • Which are the top companies in the plant-based nuggets market?
  • What is the outlook on the plant-based nuggets market?
  • Which key challenge witnessed by companies in plant-based nuggets market?
  • Which is most lucrative category in the plant-based nuggets market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market 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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Golf Outfit Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032

As per Future Market Insights, the golf outfit market is expected to escalate at a CAGR of 7.2%, from USD 979.2 million in 2022 to USD 1957.1 million through 2032. The rapid outbreak of the COVID-19 pandemic has hampered the growth of the golf outfit market. Many tournaments were postponed or canceled due to the implementation of lockdown and other sorts of restrictions, making the demand for golf outfits fall. There has been a decline in participation as a result of the tournament cancellations, which has resulted in a drop in golf outfit sales. The global golf outfit market share is being impacted by falling overall revenue.

Attributes Details
Golf Outfit Market CAGR (2022-2032) 7.2%
Golf Outfit Market Size (2022) US$ 979.2 Million
Golf Outfit Market Size (2032) US$ 1957.1 Million

Demand for golf increases as more people deal with obesity and strive to counteract its effects. People’s desire to be active and healthy as they age pushes them to participate in various activities, including golf, to maintain their physical and mental health and fitness. It improves the golf outfit market statistics.

To increase their product line and provide a greater range of possibilities, the leading golf outfit manufacturers always produce new and unique golf outfits with fresh designs, vibrant colors, and styles. Customers have been urged to spend money on these things, resulting in the high adoption of golf outfits.

Manufacturers are developing shoe styles that incorporate materials that improve ventilation. These factors contribute to higher golf outfit market revenue,  improving the overall golf outfit market statistics.

Various industries experienced supply chain delays around the world during the COVID-19 pandemic. Several sectors saw their expansion halted due to the pandemic since the demand for their products fell dramatically. The government implemented stringent travel restrictions, which disrupted the supply chain and impeded golf outfit market expansion.

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Key Takeaways: 

The golf outfit market is predicted to develop at a CAGR of 7.2% through 2032 due to the adoption of healthy lifestyle choices.

The CAGR for the top wear segment of the product type category in the golf outfit market is anticipated to be 5.2% through 2032.

In the golf outfit market, the United States is estimated to outpace the other regions through 2032, by rising at a higher CAGR throughout the forecast period.

Competitive Landscape: 

Major companies profiled in the golf outfit market are Adidas AG, Callaway Golf Company, Under Armour, Inc., Amer Sports Corporation, ASICS Corporation, Kering S.A, Ralph and others

The research offers a detailed competition analysis of these top golf outfit market competitors, including company biographies, recent developments, and important golf outfit market strategies.

Recent Development: 

Partnerships, Collaborations, and Agreements: 

ADIDAS partnered with MANORS, a London-based golf label, in July 2021. This collaboration is intended to provide new, affordable, and fashionable golf apparel for the future generation of golfers.

William Murray Golf partnered with Assembled Brands, a financial services firm, in May of 2021. The Austin-based firm would be able to expand its exclusive product pipeline as a result of this partnership.

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Key Segments

By Product Type:

  • Top Wear
  • Bottom Wear
  • Hats
  • Shoes
  • Other Accessories

By Consumer Orientation:

  • Female
  • Male
  • Kids

By Buyer Type:

  • Individual
  • Institutional
  • Promotional

By Sales Channel:

  • Online Sales Channel
  • Offline Sales Channel)

By Region:

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

Read Related Reports:

https://medium.com/@akshay.shinde.vu/bicycle-shoe-market-2022-outlook-current-and-future-industry-landscape-analysis-2029-94c72c7fbcd
https://drujrake.mn.co/posts/25454178
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About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/golf-outfit-market
For Sales Enquiries: sales@futuremarketinsights.com
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Plus Size Clothing Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

The plus size clothing market is expected to escalate at a CAGR of 5.7 from US$ 601.7 Bn in 2022 to US$ 1,044.3 Bn by 2032.

Attributes Details
Plus Size Clothing Market CAGR (2022-2032) 5.7%
Plus Size Clothing Market Value (2022) US$ 601.7 Bn
Plus Size Clothing Market Value (2032) US$ 1,044.3 Bn

The COVID-19 pandemic had an adverse influence on plus size clothing market share. Due to a lack of labour, production concerns such as fabric shortages and order cancellations, lower exports, and a reduction in consumer spending on non-essential items, the sales of plus size clothing have decreased.

During the forecast period, sales of plus size clothing are expected to grow at the fastest rate. Plus size customers are looking for solutions that offer the same level of luxury as customers in other sizes, which will improve the plus size clothing market statistics between 2022 and 2032.

In response to the rising demand for plus size clothing, retailers are focusing on launching plus size apparel. In order to attract more customers, Walmart launched a new plus-size brand named Terra and Sky in 2018. High street plus size apparel retailers such as River Island, Marks & Spencer, and New Look offer a wide range of plus size items to suit demand.

This move by the multinational companies is anticipated to boost the sales of plus size clothing and plus size clothing market revenue growth in the forecast period.

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The rise in obesity and overweight issues are moving the plus-size clothing market share forward. Furthermore, as plus-size customers’ confidence in their bodies grows, so does their demand for plus size clothing that reflects the latest current trends.

Strong fashion marketing and promotional activities, particularly on magazine covers such as Vogue, Cosmopolitan, Elle, and Glamour, have boosted confidence and body positivity among plus-size women, promoting sales of plus size clothing.

Furthermore, a variety of factors such as celebrity endorsements and favorable public perception of plus-size people have pushed buyers to embrace their image, thus fueling demand for plus size clothing.

KEY TAKEAWAYS:

  • The male category is expected to lead the plus size clothing market in terms of customer orientation.
  • The casual wear category dominated the plus size clothing market, with a CAGR of 4.8 percent, due to increased acceptance and acceptability of casual wear among consumers for social occasions.
  • During the forecast period, the mid-priced plus-size clothing segment is expected to dominate the plus size clothing market.
  • With the greatest obese population and the most money spent on plus size clothing, the United States leads the market.
  • The Asia-Pacific region is forecast to grow at the highest rate, resulting in rising obesity rates among individuals in the next years.
  • Europe is expected to develop rapidly in the global plus size clothing industry from 2022 to 2032.

COMPETITIVE LANDSCAPE:

Key companies profiled in the plus size clothing market report include Forever21 Inc., MANGO, H&M Hennes & Mauritz AB, Hanesbrands Inc., FTF IP COMPANY, INC., Lucky Brand LLC, Under Armour®, Inc., NIKE, INC., ASOS plc, RALPH LAUREN CORPORATION, and WHP Global (Anne Klein).

There is tremendous manufacturer competition in the plus size clothing market. New product introductions, assisted by advertisements and promotional events organised by major manufacturers and designers, are driving the growth of the plus size clothing market.

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RECENT DEVELOPMENT:

Partnerships, Product Launches, Collaborations, and Agreements:

  • Customers were thrilled when LOFT, a business that creates contemporary women’s clothing, announced the addition of a plus-size category to its catalogue in 2018.
  • PVH bought True & Co., an online start-up, in 2017 to expand their plus-size innerwear product line.
  • The name “Evans Outsize” has been changed to “Evans.” In 2018, Marks and Spencer replaced the phrase “plus size” with “curve” to appeal to customers.

Key Segments

By Product Type:

  • Casual Wear
  • Formal Wear
  • Sportswear
  • Others

By Consumer Orientation:

  • Male
  • Female

By Size Type:

  • 1 XL
  • 2 XL
  • 3 XL
  • 4 XL
  • Above 4 XL

By Price Range:

  • Economy
  • Mid-Range
  • Premium

By Region:

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

Read Related Reports:

https://medium.com/@akshay.shinde.vu/bicycle-shoe-market-2022-outlook-current-and-future-industry-landscape-analysis-2029-94c72c7fbcd
https://drujrake.mn.co/posts/25454178
https://medium.com/@akshay.shinde.vu/hand-sanitizer-market-forecast-with-potential-impact-despite-covid-19-pandemic-finds-fmi-233a06dcd1f4
https://faceblox.mn.co/posts/25454821

About FMI             

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/plus-size-clothing-market
For Sales Enquiries: sales@futuremarketinsights.com
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Gym Apparel Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2022 -2032

The global gym apparel market is predicted to follow a growth rate of 6.2% during the forecast years 2022 to 2032. The net worth of the gym apparel market share is expected to reach US$ 384.8 Billion by the year 2032, increasing from US$ Billion in the year 2021.

Attributes Details
Gym Apparel Market Size (2021) US$ 204.5 Billion
Gym Apparel Market Share (2022) US$ 210.8 Billion
Gym Apparel Market Share (2032) US$ 384.8 Billion
Gym Apparel Market Growth Rate (2022-2032) 6.2%

The sales of gym apparel have increased significantly in the recent past years owing to multiple factors. The major factor driving the gym apparel market growth is the establishment of different levels of gyms and fitness centres at several locations.

A growing trend among the younger generation to improve their physique has also raised the gym membership subscriptions exponentially and secondarily boosted the demand for gym apparel in the recent past years.

An outbreak of the Covid-19 pandemic also provided a serious impetus among the aged population to join gyms as part of their daily routine. Encouragement by public associations to visit gyms also created a new consumer base for the global gym apparel market around the world.

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Gym gear producers are introducing new innovative components into their products to meet the current demands of the burgeoning smart wear trend.

Furthermore, several technological advancements aimed at boosting user performance and comfort are projected to help the gym gear business. One of the biggest breakthroughs for the rising trends in the gym gear market is the introduction of smart nanotechnology fabric.

Key Takeaways

  • The present value of the global gym apparel market is estimated to be around US$ 210.8 Billion in the year 2022.
  • The net worth of the global gym apparel market is expected to witness an absolute increment of US$ 174 Billion over the forecast period of 2022 to 2032 that may take the net worth up to US$ 384.8 Billion by the end of 2032.
  • Sweatshirts and tanks are the most popular product type segment of the gym apparel market share that is expected to witness the highest the growth rate of nearly 4% during the forecast period.
  • Online retailers or e-commerce platforms are the rapidly expanding segments for the global gym apparel market future trends on the basis of the supply chain.

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Leading Companies Profiled in Gym Apparel Market are

  • Adidas AG
  • ASICS Corp
  • Columbia Sportswear
  • Dick’s Sporting Goods Inc.
  • G-III Apparel Group Ltd.
  • Gildan Activewear Inc.
  • Hanesbrands Inc.
  • Nike Inc.
  • PUMA SE
  • PVH Corp
  • VF Corp
  • New Balance

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Key Segments

By Product Type:

  • Shirts
  • Pants
  • Shorts
  • Sweatshirts
  • Hoodies
  • Tank-top
  • Others

By Material Type:

  • Nylon
  • Wool
  • Polyester
  • Others

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Sales Channel:

  • Direct Sales
  • Franchised Stores
  • Specialty Stores
  • Online Retailers
  • Mono Brand Stores
  • Wholesalers or Retailers
  • Other Sales Channel

By Region:

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

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

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Shaving Care Market Outlook Cover New Business Strategy with Upcoming Opportunity 2032

As per a recent market analysis by Future Market Insights (FMI), the shaving care market is poised to reach a valuation of US$ 16.6 Bn in 2022. Sales are projected to increase at a 7.5% CAGR, with the market size reaching US$ 34.1 Bn by 2032.

Attribute Details
Shaving Care Market Estimated Size (2022) US$ 16.6 Bn
Projected Market Value  (2032) US$ 34.1 Bn
Value-based CAGR (2022-2032) 7.5%
Top players market share ~10%-15%

Gender-neutral products concept is emerging as a trend in the shaving care market. Products with simple, and minimal designs are increasingly being marketed by vendors. Vendors have desexualized the gender narrative by removing clichés and choosing colours such as mint, taro, and pomelo for a broad gender-neutral outlook.

Furthermore, the portability of women’s razors is a new trend. As women spend more time away from home, whether on the job, on vacation, or simply driving, there is a greater demand for portable, easy-to-use and carry models.

Moreover, the evolution of hair removal from an “optional beauty” activity to a “necessary hygiene” exercise has significantly aided sales of razors. As a result, manufacturers are introducing women-centric models that offer moisturization, are suitable for sensitive sking and offer a burn free shaving experience.

“The men’s shaving sector is predicted to benefit from the growing e-commerce industry as well as razor design innovation. However, the growing popularity of trimmers and the expanding trend of growing beards are likely to act as a driver for the market’s expansion “says an FMI Analyst.

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Key Takeaways:

  1. The hypermarkets/supermarkets accounted for a dominant share in the global market in 2021.
  2. Retailers are contributing to segment growth by launching men’s counter catering to men’s personal care and grooming products.
  3. Sales of trimmers will continue gaining traction over the forecast period.
  4. The U.S. will continue dominating the North America shaving care market over the forecast period.
  5. India will emerge as a lucrative pocket, holding a lion’s share of the South Asia shaving care market through 2032.

Market by Category

By Product Type:

  • Shaving Cream
  • Shaving Gel
  • Razors & Blades
  • After Shave Care
  • Lotion/Balm
  • Splash/Gel
  • Trimmers

By Consumer Orientation:

  • Men
  • Women

By Price Range:

  • Low
  • Medium
  • Premium

By Sales Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Multi-Brand Stores
  • Discount Stores
  • Salon/Grooming Clubs
  • Drug Stores & Pharmacies
  • Online Retailers
  • Other Sales Channel

By Region:

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

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Competition Landscape

Leading manufacturers of shaving care products are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market.

Key players operating in the global shaving care market include Conair Corporation Havells India Limited, Koninklijke Philips N.V., Panasonic Holdings Corporation, Johnson and Johnson Private Limited, ITC Limited, Procter & Gamble, WAHL, Xiaomi and Zhejiang among others.

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About FMI             

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:https://www.futuremarketinsights.com/reports/shaving-care-market
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U.S. and Canada Hot Food Vending Machine Market 2022 Development Status, Competition Analysis, Type and Application 2031

According to Future Market Insights (FMI), the U.S. and Canada hot food vending machine market is expected to surpass US$ ~4,179.5 Mn in 2022 and at a CAGR of approximately 7.2% through 2031.

Attribute Details
Estimated U.S. and Canada Hot Food Vending Machine Market Size 2022 US$ 4,179.5 Mn
Projected Market Size (2031) US$ 7,832.6 Mn
Value CAGR (2022-2031) 7.2%
U.S. and Canada Hot Food Vending Machine Market Top Players Share in 2021 5%-10%

Increasing number of self-checkout kiosk coupled with convenient payment options is boosting the demand for hot food vending machine in the U.S. and Canada. Need for fresh and hot food due to improved and hectic lifestyle will drive the demand in the market.

Furthermore, strong U.S. economy and adoption of smart hot food vending machines in the corporate sector across the U.S. and Canada will propel the sales in the market. By creating inviting spaces for their employees to enjoy their snacks or meals, employers can increase the amount of time their workforce spends in the office. Such factors are contributing towards the growth of the hot food vending machines in the U.S. and Canada.

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Key Takeaways from the U.S. and Canada Hot Food Vending Machine Market Study

  • Under the food type, ready meat is leading in terms of revenue followed by high preference of consumers for sandwiches and burgers securing the second and third place, respectively.
  • Steel-made vending machines are highly recommended among manufacturers and operators because of their high strength and resistance properties therefore, highly contributing to the U.S. and Canada hot food vending machine market.
  • As per analysis, hospitals & clinics areas are anticipated to grow at a significant rate in the U.S. and Canada hot food vending machine industry.
  • Based on application, airports & railways stations segment is likely to witness growth owing to the growing number of travellers across the U.S. and Canada.

U.S. and Canada Hot Food Vending Machine Market

Who is winning?

Leading manufacturers of U.S. and Canada hot food vending machine are focused on aggressive promotional strategies and advertisements that have driven sales growth in U.S. and Canada hot food vending machine market.

Major players present in the U.S. and Canada hot food vending machine market are Ausbox Group,ALe Bread Xpress INC, Basil Street Café, FastCorp Vending LLC, INTEGRA D.O.O., Let’s Pizza, QMBOX, Digital Media Vending International, LLC, Kratom Crazy Sprinkles, Burrito Box, Farmer’s Fridge, and Berdoll Pecan among others.

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Market by Category

By Food Type, U.S. and Canada Hot Food Vending Machine Market is segmented as:

  • Sandwiches
  • Pizza
  • Burgers
  • Hot Dogs
  • Pack Soup
  • Ready Meat
  • Steam Products
  • French Fries
  • Others

By Capacity, U.S. and Canada Hot Food Vending Machine Market is segmented as:

  • Below 100 Units
  • 100-150 Units
  • 150 and Above Units

By Material Type, U.S. and Canada Hot Food Vending Machine Market is segmented as:

  • Steel
  • Aluminum
  • Others

By Application, U.S. and Canada Hot Food Vending Machine Market is segmented as:

  • Hospitals & Clinics
  • Hotels & Restaurants
  • Malls & Retail Stores
  • Airports & Railways Stations
  • Corporates & Offices
  • Academic Institutions
  • Hypermarkets/Supermarkets
  • Food Service Companies/Operators
  • Others

By Country, U.S. and Canada Hot Food Vending Machine Market is segmented as:

  • U.S.
  • Canada

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the U.S. and Canada hot food vending machine market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2031. The study divulges compelling insights on the U.S. and Canada hot food vending machine market based on the food type (sandwiches, pizza, burgers, hot dogs, pack soup, ready meat, steam products, French fries, and others), capacity (below 100 units, 100-150 units, and 150 and above units), material type (steel, aluminium, and others), application (hospitals & clinics, hotels & restaurants, malls & retail stores, airports & railways stations, corporates & offices, academic institutions, hypermarkets/supermarkets, food service companies/operators, and others) across U.S. and Canada.

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About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/us-and-canada-hot-food-vending-machine-market
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Massage Guns Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2032

As per a recent market analysis by Future Market Insights (FMI), the global massage guns market is poised to reach a valuation of US$ 509.0 Mn in 2022. Sales are projected to increase at a 7.4% CAGR, with the market size reaching US$ 1,042.5 Mn by 2032.

Attribute Details
Massage Guns Market Estimated Size (2022) US$ 509.0 Mn
Massage Guns Market Projected Size (2032) US$ 1 Bn
Massage Guns Market Value-based CAGR (2022-2032) 7.4%
Massage Guns Market Top Players Share in 2021. 5%-8%

As per the analysis, the usage of massage guns has rapidly increased due to increasing preference for massage devices that offer speedy recovery. Massage gun manufacturers are adopting consumer-centric approaches to improve their brand image and sales.

Massage guns are trending among athletes due to their ease of use and portable design. Ideally, there are a few parameters that influence consumers’ purchase decisions. A significant number of them are influenced by brand identity. However, not all of them demonstrate brand loyalty.

Hence, it is imperative for companies to build a strong brand portfolio and strengthen their presence across multiple channels. Next comes the functionality. For instance, in the case of massage gun, consumers often judge them on the basis of their efficiency. Therefore, products with higher wattage are likely to enjoy better goodwill which will be drawn by higher convenience and efficiency.

Consumers are increasingly adopting e-commerce platforms to purchase electronic items including massage gun, as they can avail special discounts and prices on a wide range of products. In addition to this, e-commerce websites also help make the products as per the specific requirements of the customer, even if the product is not available in the market in a particular region. Leading e-commerce sites, including Alibaba and Amazon, are offering an extensive range of products from around the world.

Factors such as easy product accessibility, convenience, and ease of shopping irrespective of geographic presence will continue pushing sales of massage guns through online channels over the forecast period.

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“Increasing preference for portable massage guns among sports personnel and athletes is expected to drive sales in the market. Besides this, growing popularity of smart massage gins with temperature and vibration control is anticipated to augment the growth in the market,” says an FMI analyst.

Key Takeaways:

· Based on size, mid-size/handheld massage guns are predicted to account for a dominant share of the market through 2032.

· In terms of battery type, demand for rechargeable guns is projected to increase at a 7.7% CAGR through 2032.

· By sales channel, the indirect sales segment is anticipated to hold 83.8% of the total market share.

· In terms of end user, demand for massage guns likely to escalate among athletes at a 8.8% CAGR over the assessment period.

· U.S. will emerge as a lucrative pocket in North America massage guns market. Sales in the North America market are slated to increase at a 3.6% CAGR.

· Surging demand for rechargeable massage guns in the U.K. will place it as an attractive market, leading the Europe massage guns market.

Who is winning?

Leading manufacturers of massage guns are focusing on smart promotional strategies, advertisements, and new product launches to improve sales in the market.

Major players present in the Massage Guns market are Therabody, LifePro, Hyperice Inc.,Renpho, Everyfun, HydraGun, Muscle Gun, Massage Guns Ireland, Recovapro, Essential Massage & Therapy Co.,Achedaway, Medcursor and Others.

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Global Massage Guns Market By Category

By Purpose:

  • Small Size/handheld
  • Mid-Size/Professional
  • Large Size/Powerful

By Battery:

  • Rechargeable
  • Replaceable

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By End User:

  • Athletes
  • Chiropractor
  • Fitness Enthusiasts
  • Expectant Women
  • Others

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About FMI

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

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/massage-guns-market
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