Global Prep Refrigerators Market Aims for US$ 12.7 Billion Valuation by 2033, Fueled by 4.5% CAGR

The global prep refrigerators market anticipated valuation of US$ 8.2 billion in 2023 and a noteworthy Compound Annual Growth Rate (CAGR) of 4.5% forecasted between 2023 and 2033. Fueled by a growing demand for eco-friendly refrigeration solutions, the market is on track to surpass a significant milestone, reaching a valuation exceeding US$ 12.7 billion by 2033.

Driving this impressive growth is the increasing adoption of commercial kitchens, particularly within the thriving food service industry. Insights from Future Market Insights (FMI) reveal that the burgeoning food service sector, especially in emerging economies, is driving the need for large-scale food production. This uptick in food production necessitates specialized equipment, including commercial kitchens, thereby propelling the demand for prep refrigerators. The market’s trajectory highlights its pivotal role in supporting sustainable practices within the food industry and underscores its significance in meeting the evolving needs of the global culinary landscape.

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The growth of the prep refrigerators market is also being driven by the expansion of the food service industry in emerging economies. A growing need for commercial kitchens and food storage solutions has been witnessed, as more people dine out more frequently. The need for customized and flexible refrigeration solutions that can meet the unique needs of individual businesses is also piquing the interest of food service providers in prep refrigerators.

Key Takeaways:

  • The global prep refrigerators market was valued at US$ 7.8 Billion by 2022.
  • From 2018 to 2022, the market demand expanded at a CAGR of 2.3%.
  • North America is expected to hold a dominant CAGR of 4.4% during the forecast period.
  • By type, combination refrigerated prep tables are expected to rise in demand at a CAGR of 4.3%.
  • By distribution channel, online retail stores are expected to dominate the market with a CAGR of 4.2%.

Competitive Landscape:

Prominent players in the prep refrigerators market are TRUE, Empura, Dover Corporation, Electrolux Professional, The Middleby Corporation, Delfield, Nella, New Air, Atosa, Beverage Air, Turbo Air, Universal, Haier Group, Hoshizaki, and Leader, among others.

Recent Developments:

  • In 2021, True Manufacturing announced the launch of a new line of glass door refrigerators and freezers that use natural refrigerants and are designed to be highly energy-efficient. The company also expanded its production facilities in Missouri to meet the growing demand for its products.
  • In 2021, Dover Corporation completed the acquisition of So-Low Environmental Equipment Co., a manufacturer of low-temperature freezers and refrigerators. The acquisition is expected to expand Dover’s product portfolio and strengthen its position in the scientific and healthcare markets.
  • In 2021, Hoshizaki Corporation announced the launch of a new line of prep refrigerators with advanced features such as remote monitoring and digital controls.

More Valuable Insights Available:

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

To understand opportunities in the prep refrigerators market, the market is segmented on the basis of type (prep tables with doors, prep tables with drawers, and combination refrigerated prep tables), by top type (standard top, mega top, and cutting top), refrigeration method (air-cooled, cold wall, and liquid jacket), by distribution channel (offline stores, and online retail store) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Profiled:

By Type:

  • Prep Tables with Doors
  • Prep Tables with Drawers
  • Combination Refrigerated Prep Tables

By Top Type:

  • Standard Top
  • Mega Top
  • Cutting Top

By Refrigeration Method:

  • Air Cooled
  • Cold Wall
  • Liquid Jacket

By Distribution Channel:

  • Offline Stores
    • Hypermarkets
    • Departmental Stores
    • Multi-brand Stores
    • Discount Stores
    • Specialty Stores
  • Online Retail Stores

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Author:

Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Active Optical Cable Market Surges, Propelled by Robust Growth, Set to Reach US$ 15.9 Billion by 2032

The global active optical cable market is set for a substantial surge, with projections indicating a valuation of over $15.9 billion by the year 2032. The market is expected to grow at a remarkable Compound Annual Growth Rate (CAGR) of 19.5% from 2022 to 2032, according to a recent report. In 2022 alone, the demand for active optical cables reached a substantial value of $2.7 billion.

Active optical cables are a crucial component of the modern digital landscape, comprising glass fiber strands encased within insulated casings. These specialized cables are designed to cater to the demands of telecommunications and long-distance, high-performance data networking. Their capabilities exceed those of conventional wires, as they boast higher data capacity and the ability to transmit over significantly greater distances.

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Key Figures and Trends:

  • Global active optical cable market projected to reach $15.9 billion by 2032.
  • Expected CAGR of 19.5% from 2022 to 2032.
  • Active optical cable demand valued at $2.7 billion in 2022.

“An active optical cable improves the effectiveness of cables by using optical fiber in connections. They are often used in high-speed monitoring and data technologies due to their robust structure.” – Says a lead analyst.

Competitive Landscape: Active Optical Cable Market

Companies in the sector compete depending on the quality of the products they provide. Market leaders invest a lot of time and energy in developing their production facilities. They are also expanding their infrastructure, putting money into research, and taking advantage of integration opportunities throughout the value chain.

With the use of these strategies, active optical cable companies can meet expanding demand. They can also assure competitive effectiveness and create cutting-edge products & technologies. At the same time, they are aiming to cut production costs and increase their clientele.

  • In July 2022, in order to support 100 Gbps continuous communication in optical access networks, II-IV Incorporated created an ultralow power DSP. One of the most often utilized 100 Gbps optical formats in access networks is the pluggable QSFP28 type. It was developed primarily to support 100 Gbps transmitted data optics. It was produced utilizing the DSP from II-Steelerton VI. It is a compact gadget with an ultralow power dissipation capability that frequently dissipates 2 W.
  • In October 2022, the first end-to-end, performance-optimized, and transparent RDMA over converged Ethernet system was offered by Broadcom and Arista. Enterprise and hyperscale data center operators can now set up fully optimized systems. They can make use of Broadcom’s RDMA connections. Ethernet NIC is used in the complete solution, which is cooperatively incorporated by Ethernet market leaders. Switch technologies from Broadcom are also used.

Get More Exclusive Insights into Active Optical Cable Market Study

Future Market Insights, in its new offering, presents an unbiased analysis of the active optical cable market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

The study reveals extensive growth in the active optical cable market in terms of connector type (quad small form-factor pluggable, CXP, CDFP, c form-factor pluggable, small form-factor pluggable), technology (InfiniBand, Ethernet, HDMI, DisplayPort, USB), application (data center, high-performance computing, personal computing, digital signage, consumer electronics), and region.

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Active Optical Cable Market Outlook by Category

By Connector Type:

  • Quad Small Form-factor Pluggable (QFSP)
  • CXP
  • CDFP
  • C Form-factor Pluggable (CFP)
  • Small Form-factor Pluggable (SFP)

By Technology:

  • InfiniBand
  • Ethernet
  • HDMI
  • DisplayPort
  • USB
  • Others

By Application:

  • Data Center
  • High-Performance Computing
  • Personal Computing
  • Digital Signage
  • Consumer Electronics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani 
Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Wedge Wire Screen Market Set to Anticipates a 4% CAGR, Surpassing a Valuation of US$ 1.05 Billion by 2032

The global wedge wire screen market is on a robust upward trajectory, having achieved a valuation of US$ 0.71 billion in 2022. Positioned as a frontrunner in addressing dynamic requirements across various industries, this market is poised for further expansion. Foreseeing a Compound Annual Growth Rate (CAGR) of 4% from 2022 to 2032, the wedge wire screen market is projected to attain a substantial valuation of US$ 1.05 billion by 2032.

Wedge wire screens play a pivotal role across diverse industries, serving as indispensable components for the separation and filtration of liquids, gases, food products, water, and mining materials. Crafted from twisted wires configured into a bottomless wedge-shaped section, these screens form a vital sieve with applications spanning various industries. The adaptability of wedge wire screens is exemplified by the assembly of different wedge wires into panels, creating a matrix of intersecting wires with precise diameters, thereby adeptly meeting the diverse needs of industries. This forecast underscores the market’s capacity to meet evolving demands and underscores its pivotal role in enhancing industrial processes worldwide.

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Versatile Applications of Wedge Wire Screens in Separation and Filtration:

Wedge wire screens, renowned for their multifaceted utility, find paramount application in the segregation and filtration processes across diverse sectors. This adaptable solution plays a crucial role in the separation and filtration of liquid/gas substances, food products, wastewater, and mining materials. The screens, ingeniously constructed from intricately twisted wires, adopt the distinctive form of a bottomless wedge. Panels are meticulously crafted by amalgamating various wedge wires, intricately forming crossroads of varying diameters across loops.

The structural integrity of these screens is bolstered through careful compression and securing, achieved by the strategic installation of ring nuts over the rod ends. A hallmark of their versatility lies in their remarkable capacity to effectively isolate solids from liquids, fostering applications encompassing sizing, filtration, media retention, de-watering, as well as distribution and collection functions. The sophisticated interplay between innovative design and functional efficacy positions wedge wire screens as indispensable assets across industries reliant on meticulous separation and precise filtration processes.

Wedge Wire Screen Market Dynamics: Driving Factors

The trajectory of the wedge wire screen market is intricately shaped by an array of compelling dynamics, prominently influenced by the demand emanating from pivotal end-user sectors. Key industries such as petrochemicals, food processing, and water treatment are poised to significantly fuel the requisites for wedge wire screens throughout the projected period.

The inherent versatility of wedge wire screens extends beyond their filtration capabilities, finding a distinctive niche in the realm of drilling boreholes. Their adaptability to manage diverse pressure levels while facilitating the seamless flow of liquids solidifies their efficacy as an ideal tool for borehole applications. Notably, the screen’s unique construct caters to varied industry prerequisites for panel screens, establishing an agile response to distinctive demands.

This collective amalgamation of factors, emanating from the surge in demand across critical sectors and the screens’ adeptness in diverse applications, is poised to drive substantial demand for wedge wire screens throughout the forecast period.

Key Companies Profiled in Report:

  • AMACS
  • Ando Screen
  • ANDRITZ Euroslot
  • Aqseptence Group
  • Atlas Wedge Wire
  • B. Deo-Volente
  • Carbis Filtration
  • Concord Screen
  • Costacurta S.p.A.
  • CP Screens
  • Gap Technology
  • HEIN
  • LEHMANN
  • Hendrick Screen Company
  • International Screen Supplies
  • Jagtap Engineering
  • Multotec
  • Optima International
  • Progress Eco, Steinhaus GmbH
  • TOYO SCREEN KOGYO CO
  • Trislot NV and Wedge Tech.
  • Others

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Market Segments Covered:

By Type:

  • Baskets wedge wire screens
  • Flat wedge wire screens
  • Sieve Bend Screen wedge wire screens
  • Cylinder wedge wire screens

By Application:

  • Food & Beverages wedge wire screen
  • Chemical and Petroleum
  • Water Treatment
  • Pulp and Paper
  • Mining and Mineral
  • Others

By Region:

  • North America Wedge Wire Screen Market
  • Europe Wedge Wire Screen Market
  • Asia-Pacific Wedge Wire Screen Market
  • The Middle East & Africa Wedge Wire Screen Market
  • Latin America Wedge Wire Screen Market

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Food Grade Lubricant Market Expected to Surpass US$ 471 Million by 2033: Navigating Trends, Regulatory Landscape

The food grade lubricants market is projected to record a CAGR of 6% from 2022 to 2032. Lubricants are in use in industries since the period of mechanization. Historically it has been obtained from mineral-based lubricants. But in recent times there has been an emerging trend of using food grade lubricants in food and beverage industries as well as food grade lubricants for pharmaceuticals.

These lubricants may occasionally be used to lessen electrical resistivity, prevent it from occurring, and increase heat conductivity. Since they do not pose any physiological risks or impact the flavour or aroma of finished products from these businesses, food grade lubricants are primarily used in the food, beverage, and pharmaceutical industries.

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To retain their financial viability during the most critical periods, manufacturers have responded to the new standard of “take-away” food and goods. The food and beverage industry is anticipated to experience a moderate growth through 2021 and beyond because to the lockdown’s relaxation.

A thorough chapter on Covid-19’s effects on the market for food grade lubricants is provided by FMI. This enables both developed and developing economies to comprehend the state of the economy throughout the epidemic and helps them make important business decisions using low-cost fixes.

Important Questions Answered in the Food Grade Lubricants Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Food Grade Lubricants market?
  • How is the Food Grade Lubricants market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Food Grade Lubricants market in the future?
  • What innovative strategies are adopted by Food Grade Lubricants market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Food Grade Lubricants market?
  • What are the restraints affecting the growth of the global Food Grade Lubricants market?

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Food Grade Lubricants Market: Segmentation

Detailed analysis covered in the FMI’s Food Grade Lubricants market report has been classified into key segments and sub-segments.

The global food grade lubricants market can be segmented on the following basis:

Base Oil

  • H1 lubricants
  • H2 lubricants
  • 3H lubricants (releasing agents)
  • H3 lubricants (soluble oils)
  • Others

Application

  • Food: Bakery
  • Sugar
  • Dairy
  • Meat, poultry and sea food
  • Others (animal feed, breakfast food, and confectionery food)
  • Beverage
  • Pharmaceuticals & cosmetics
  • Others (packaging, food grade blending, and food machinery manufacturing)

Food Grade Lubricants Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Food Grade Lubricants market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

  • ITW ROCOL
  • Bel-Ray Company LLC
  • Lubriplate Lubricants Company
  • Schaeffer Manufacturing Co.
  • Suncor Energy Inc.

Significant Contributions to the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Marine Base Steering Gear Market Anticipates a 5% CAGR Surge from 2022 to 2032 | Future Market Insights, Inc.

The global marine base steering gear market, valued at approximately US$ 1.6 billion in 2020, is poised for sustained expansion. Projections indicate a Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032, driven by the robust growth of the global maritime sector. The historical significance of marine base steering gears, dating back to antiquity, underscores their indispensable role in a ship’s machinery ensemble.

These sophisticated apparatuses occupy a distinct niche within the maritime sector, playing a pivotal role in vessel navigation across open waters. Seamlessly integrating with rudder systems, marine base steering gears facilitate precise directional adjustments, enabling seamless port and starboard maneuvers during the navigational journeys of ships. This positive trajectory is a testament to the resilient development of the maritime industry, fueled by a convergence of factors contributing to its expansion.

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Marine base steering gears operate within defined rules and standards that dictate their fundamental capabilities – allowing ships to turn or steer by up to 35 degrees to either starboard or port side, establishing a critical range of motion. Additionally, these systems incorporate redundant major control systems and power units, ensuring seamless substitution in case of failures, further backed by emergency power supply from auxiliary units connected to emergency generators.

Among the available variants, the ram type marine base steering gear stands out as the most prevalent choice, albeit with higher construction and design costs. In this design, rudder movement is managed by hydraulic pumps. Conversely, the rotary vane type steering gear relies on a distinct mechanism; within a fixed housing, two vanes rotate, forming four chambers that facilitate the steering process.

Marine Base Steering Gear Market: Key Drivers

The rotary vane mechanism within marine base steering gear emerges as a widely preferred choice, attributed to its capacity to deliver minimal vibration and noise levels, alongside consistent torque output across all rudder angles. Notably, the rotary vane system also presents heightened adaptability, being optimized to match specific rudder configurations. These attributes collectively form the bedrock for the projected growth of the global marine base steering gear market throughout the envisaged period.

Furthermore, the escalating demand for marine base steering gear tailored to large and medium-sized vessels, coupled with the availability of diverse 2, 3, or 4 vane alternatives, is poised to amplify the market’s momentum in the forthcoming years. Key factors such as its streamlined dimensions, impressive power-to-weight ratio, simplified maintenance protocols, and the integration of rudder carriers are all set to underpin the expansion of the global marine base steering gear market across the projected timeline.

Stringent regulatory frameworks, particularly within military contexts, mandating the design of steering gear to mitigate vibration, shock, and noise disturbances, are anticipated to wield substantial influence in propelling the global marine base steering gear market forward. Additionally, the robust and uncomplicated construction inherent to actuator-based marine base steering gear systems offers redundancy and reliability, thereby constituting another driving force for the market’s growth trajectory in the foreseeable future.

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Market Participants:

  • Data Hidrolik
  • Brusselle Carral Marine
  • Jastram Engineering Ltd.
  • Wills Ridley Ltd
  • REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o.
  • Rolls-Royce plc
  • KATSA OY
  • Nufoss Services Pte Ltd.
  • Palmarine

Key Segments Profiled:

By Gear Type:

  • Ram Type
  • Rotary Vane Type

By Power Source:

  • Hydraulic
  • Electro-hydraulic

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Isoleucine Market Poised for Robust Expansion, Anticipated to Reach US$ 260 Million by 2032: Unraveling Market Dynamics, Application Trends

The global isoleucine market is expected to grow at a rather staggering CAGR of 1% during the forecast period from 2022 to 2032. The global market is expected to hold a revenue of US$ 234 million in 2022 and is anticipated to transcend US$ 260 million by the end of 2032. The growth of the market is attributed to a significant increase in the demand for nutrient-rich foods and cereals. Therefore, the overall demand for the isoleucine market is on the rise with great demand for nutrient-rich food globally. Furthermore, the propelling sales of the isoleucine market are supported by its use in cosmetics due to its use in skin cell protection and tissue repair formulation.

Owing to the wide range of applications for this amino acid along with the presence of cutting-edge technologies such as reversed phase chromatography, the global isoleucine market outlook is quite optimistic. Furthermore, manufacturers are focusing on isoleucine-based cosmetic products to provide these unique benefits and expand their product portfolio thereby expanding their isoleucine market share. The sales of isoleucine are expected to spur because it is used as a flavor enhancer in the food industry and its demand for isoleucine.

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Isoleucine is known as an essential branched amino acid that is found in natural foods including dairy products, eggs, meat, fish, soy products, nuts, and legumes and the demand for isoleucine is on the rise as a result of higher demand for such food. In addition to that, the rising demand for isoleucine can be attributed to its importance in all athlete’s diets as it is required in the formation of certain proteins that are required for muscle building, muscle maintenance, and recovery.

Key Takeaways

  • Over recent years, consumers are drastically becoming more cautious about their health. They are actively taking preventive measures to maintain a healthy and balanced lifestyle, creating a conducive environment for the growth of the demand for isoleucine.
  • Consumers are willing to pay more for products that offer health benefits. Therefore, rising customer inclination towards the usage of health supplements is increasing the sales of isoleucine significantly across the world.
  • The rising health and fitness trends are expected to serve as a driver for the isoleucine market share. The overall demand for isoleucine is expected to augment as the consumer inclines toward gym and fitness. The surge in the requirement for products that help to maintain and recover muscle growth is expected to go up.
  • Isoleucine is anticipated to promote tissue repair as it helps in muscle building and increases energy. Therefore, the demand for isoleucine supplements is estimated to augment. Furthermore, isoleucine is utilized as an ingredient in various cosmetic products. It functions as a fragrance ingredient, skin conditioning agent, hair conditioning agent, etc., upsurging the sales of isoleucine. Thus, the growth in demand for cosmetic products is estimated to boost the sales of isoleucine.
  • The global sales of isoleucine are predicted to augment further since it serves as a suitable ingredient that is efficiently utilized for the preparation of cosmetic products as it is an essential amino acid that is required by the body, and thus, will not cause any skin side-effects, unlike other chemical ingredients.
  • The global isoleucine market has diverse applications in pharmaceutical, cosmetic and personal care, dietary supplement, and many other industries, soaring the overall demand for isoleucine as well as the sales of isoleucine.

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Competitive Landscape

Some of the major key players in the global isoleucine market are focusing on organic and growth strategies. Prominent players are using isoleucine as a cosmetic product which is good for skin care and helps in increasing elastin and collagen production, and thus, aids in improving skin elasticity and decreasing wrinkles.

More Insights into the Isoleucine Market

The Asia Pacific region is anticipated to dominate the global isoleucine market over the assessment period. The influence of western culture and changing lifestyle are some of the vital drivers that are anticipated to increase the sales of isoleucine in the region.

Developing economies like India and China are both listed among the top five countries that have the largest youth population. Therefore, the sales of isoleucine are anticipated to move forward in the Asia Pacific region.

Key Segments Profiled in the Isoleucine Market Survey

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Cosmetic Grade
  • Others {Feed Grade, etc.}

By End Use:

  • Dietary Supplement Industry
  • Food & Beverage Industry
  • Pharmaceutical Industry
  • Cosmetic and Personal Care industry
  • Others {Animal Feed Industry, etc.}

By Sales Channel:

  • Direct Sales
  • Indirect Sales
  • Hypermarkets/Supermarkets
  • Wholesalers
  • Convenience Stores
  • Specialty Stores
  • Online Retailers

By Region:

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

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Membrane Air Dryers Market Poised for Impressive 6.5% CAGR, Targeting Exceeding US$ 1,200 Million Valuation by 2032

The global membrane air dryers market anticipates an impressive valuation surpassing US$ 1,200 million by 2032. This expedition commences with projected sales exceeding US$ 730 million by 2022, establishing a robust foundation for extraordinary growth marked by a commendable Compound Annual Growth Rate (CAGR) of 6.5% over the decade from 2022 to 2032.

Regarded as cylindrical marvels, membrane air dryers host thousands of intricately crafted hollow fibers made from advanced polymers. Uniquely coated on the inside, these fibers employ selective permeation to separate gas components within the air, serving as the cornerstone of the dehumidification process. This innovative engineering feat positions membrane air dryers as vital contributors to the global market, with significant applications in the automotive and train sectors driving their noteworthy contributions. This projection underscores the strategic importance and potential growth of the membrane air dryers market in the coming years.

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The global membrane air dryers market’s growth trajectory is a testament to the transformative power of innovation in industry. The adoption of these advanced systems is not merely a market trend but a testament to the unwavering commitment to safety, efficiency, and performance in critical applications. As automotive and railway industries continue to evolve, the role of membrane air dryers in ensuring safety and reliability is poised to become even more prominent in the years to come.

Factors Propelling and Inhibiting the Membrane Air Dryers Market:

The dynamics influencing the membrane air dryers market encompass a spectrum of driving forces and potential constraints, each playing a distinct role in shaping its course.

Drivers: A paramount driver fostering the demand within the membrane air dryers market pertains to hygiene considerations, particularly pronounced within the food and beverage sector, specifically in segments such as meat and dairy. This emphasis on maintaining stringent hygiene standards propels the adoption of membrane air dryers, contributing significantly to market growth.

Restraints: Conversely, certain challenges exert a restraining influence on the growth trajectory of the global membrane air dryer market. Excessive water content, manifested in either liquid or vapor form within compressed air, emerges as a pivotal issue. This imbalance can trigger an array of operational predicaments, undermining optimal functioning. Furthermore, the specter of corrosion, affecting both piping and equipment, poses a potential hindrance to market expansion. Addressing these challenges is crucial for the seamless progression of the membrane air dryer market. The interplay of these factors illuminates the nuanced landscape of the market, characterized by a dynamic equilibrium between the impetus of drivers and the cautious navigation of restraints.

The associated research report presents a comprehensive and meticulous evaluation of the market, encompassing insightful perspectives, factual data, historical records, and statistically supported as well as industry-validated market insights. These findings are further fortified by projections derived from sound assumptions and methodologies. The research report is instrumental in providing a comprehensive analysis and relevant information, categorized into segments such as market segments, geographical regions, types, technology implementations, and applications. This systematic approach enhances understanding and strategic decision-making for stakeholders in the evolving membrane air dryers market.

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Prominent Players in the Membrane Air Dryers Market:

The global membrane air dryers market boasts a roster of influential participants, with key industry players such as Donaldson Company Inc., Sullair, Praker Co., Pentair, Gardner Denver Inc., and Atlas Copco Corp, among several other noteworthy entities. These market participants collectively contribute to shaping the landscape of the membrane air dryers market, each bringing their unique expertise and innovation to the forefront of the industry.

Market Segments Covered:

By Product Type:

  • Porous
  • Non-Porous

By Application:

  • Food & Beverage
  • Medical
  • Industrial
  • Electronics
  • Telecommunication
  • Others

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Food Sorting Machines Market Eyes US$ 2 Billion Valuation by 2032, Sustaining a Solid 5% CAGR, Reports Future Market Insights, Inc.

The global food sorting machines market is poised for substantial growth, with an anticipated valuation surpassing US$ 1.5 billion in the year 2022. This remarkable expansion is expected to persist, characterized by a steady Compound Annual Growth Rate (CAGR) of 5% over the assessment period, propelling the market size close to US$ 2 billion by 2032. A confluence of factors is contributing to this upward trajectory, making it a dynamic and promising sector within the food industry.

A primary catalyst driving the growth of food sorting machines is the escalating global demand for packaged food products. As lifestyles become increasingly fast-paced and convenience-oriented, consumers are turning to packaged foods as a solution for quick and easy meal preparation. This trend is particularly pronounced in rapidly urbanizing regions across the globe, encompassing countries like the U.S., the U.K., China, and India, among others. In these areas, the demand for packaged food products is expected to remain consistently high, providing a substantial boost to the food sorting machines market. This report by Future Market Insights, Inc. underscores the sector’s potential for dynamic and sustained growth in the coming years.

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Necessity of Automation Grows Paramount in Food Processing Sector:

In the realm of the food processing industry, automation is no longer a discretionary feature but an imperative. The stringent requisites of unwavering quality and cost management within the food domain have elevated the significance of automation to a critical level. The production of top-tier food commodities mandates the integration of proficient and effective inspection and sorting systems along the operations and production lines.

At a global scale, the spotlight on food quality is intensifying, paralleled by the imposition of rigorous regulatory frameworks governing product quality and operational protocols. Within this landscape, product specifications assume an exceptional significance, representing a dynamic sphere where innovation continually transcends conventional boundaries.

Compounding this intricate scenario is the formidable pressure borne by the food industry, as it endeavors to satiate the demands of an exponentially expanding global population. The amalgamation of these factors underscores the current landscape, necessitating automation as the bedrock of operational excellence within the food processing sector.

Factors Propelling and Constraining the Food Sorting Machines Market:

The dynamics shaping the food sorting machines market are influenced by a confluence of driving forces and limiting factors that warrant attention.

Drivers: The escalating global population, accompanied by the upward trajectory of urbanization, stands as a pivotal driver bolstering the food sorting machines market. This expansion is further buoyed by the increasing awareness surrounding technological advancements. The industrialization wave sweeping through emerging economies, coupled with the rise in per capita income levels, collectively fosters a favorable environment for market growth. These factors synergize to elevate the demand for efficient food sorting solutions.

Restraints: However, the market’s course is not devoid of challenges. Stricter regulations by the Environmental Protection Agency, governing the disposal of food waste, exert a restraining influence on the market’s potential. Additionally, the evolving consumption patterns, coupled with the emergence of smaller households, introduce complexities that potentially dampen the growth trajectory of the food sorting machines market. These multifaceted factors necessitate careful consideration in navigating the market’s landscape.

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Key Players Profiled:

  • Tomra Systems ASA
  • Sesotec GmBH
  • Buhler AG
  • Key Technology
  • BarcoVision
  • Stake USA Inc.

Market Segmentation Analysis:

Product Type:

  • Channel Sorters
  • Freefall Sorters
  • Belt Sorters
  • ADR Systems

Technology:

  • Laser
  • Camera
  • LED
  • X-ray

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Dive Into Custom Reports To Leverage Information For Winning In Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-843

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Chondroitin Market Envisions Remarkable Growth, Forecasted to Reach US$ 1.6 Billion by 2032: Analyzing Market Dynamics

Chondroitin is a component of the human body in the bones and cartilages. It is also popularly called as chondroitin sulfate. The use of chondroitin is mainly in the dietary supplements used for osteoarthritis. Chondroitin sold on a commercial basis is obtained from the cartilages of various sources such as marine, bovine, avian, chicken and cow. The shark cartilage is known to be the best chondroitin source and is also very expensive.

The use of chondroitin in households is mostly in the form of capsules. The powder form of the chondroitin is used in the pharmaceuticals and the industries that use chondroitin as an ingredient as a whole or in combination with other chemicals or drugs.

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Various Health Benefits of Chondroitin is Increasing its Demand in the Global Market

Chondroitin along with other ingredients such as glucosamine is being used in dietary supplements due to its various health benefits. The use of chondroitin in the treatment of osteoarthritis has been very popular but it is being used for the treatment of various other problems too.

Chondroitin is being used in the drugs for heart problems, breast cancer, interstitial cystitis, psoriasis, and many other diseases. It is also being used to treat anemia in complex with iron. These benefits have led to the increased use of chondroitin in dietary supplements. The use of chondroitin is not only limited to nutraceuticals but is also being used as a pharmaceutical drug along with others. It is being used as an eye drop and has been approved by the FDA for the same purpose. The use of chondroitin in the cosmetics industry is very less but it is expected to grow in the upcoming years.

Chondroitin Market: Key Developments

Many manufacturers sell the dietary supplements and their label indicates the presence of chondroitin in them. But the quantity of chondroitin is as little as 10% which results in low-quality products. But many manufacturers are trying to clean up the supply chain of chondroitin. Synutra Ingredients is using gel electrophoresis to stop adulteration of chondroitin and is one of the leading manufacturers of chondroitin in the United States.

Chondroitin Market: Regional Analysis

The production is mainly carried out in the Asia Pacific especially in China. The consumption of chondroitin is more in the U.S. and all the chondroitin that is consumed in the U.S. is imported from overseas. Chondroitin-containing supplements are one of the top five best-selling dietary supplements globally.

The use of chondroitin as a dietary supplement is expected to increase in South and East Asia in the upcoming years. It is being widely used in Europe and MEA in cosmetics and personal care products. The chondroitin is being sold by various different names one of them being chondroitin sulfate which is very popular.

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Chondroitin Market: Key Participants

The key participants in the chondroitin market are:

  • TSI Group Ltd.
  • Synutra Pure, Ltd.
  • Bioiberica S.A.U.
  • Kala Health Inc.
  • Shanghai Jbichem International Trading Co. Ltd.
  • Summit Nutritionals International, Inc.
  • Pacific Rainbow International, Inc.
  • Qingdao Kangyuan Pharmaceutical
  • Beloorbayir Biotech Ltd.
  • AdvaCare Pharma
  • Sichuan Biosyn Pharmaceutical Co., Ltd.
  • Inter Farma
  • Jiaxing Hengjie Bio-pharmaceutical LLC
  • Seikagaku Corporation

The research report presents a comprehensive assessment of the chondroitin market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

Regional analysis includes:

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

Chondroitin Market: Segmentation

The chondroitin market is segmented on the basis of source, form, grade, application and distribution channel.

On the basis of source, the chondroitin market can be segmented as:

  • Marine
  • Bovine
  • Avian
  • Others (Chicken, Cow, etc.)

On the basis of form, the chondroitin market can be segmented as:

  • Powder
  • Capsules

On the basis of grade, the chondroitin market can be segmented as:

  • Pharmaceutical Grade
  • Industrial Grade

On the basis of application, the chondroitin market can be segmented as:

  • Sports Nutrition
  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics and Personal Care

On the basis of distribution channel, the chondroitin market can be segmented as:

  • Direct/B2B
  • Indirect/B2C
  • Drug Stores
  • Pharmacies
  • Online Retail

Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the chondroitin market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the chondroitin market
  • Competitive landscape of the chondroitin market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on chondroitin market performance
  • Must-have information for chondroitin market players to sustain and enhance their market footprint

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Vegan Casing Market Set to Achieve US$ 4.4 Billion by 2032: A Thorough Examination of Plant-Based Alternatives

The global vegan casing market size is set to witness growth at a CAGR of 7.3% and top a valuation of US$ 4.4 Billion by 2032. Sausage, whether in the form of currywurst, hot dog, or salami stick, is a classic snack.

Vegan casings based on alginate, are the ideal casing for all of these sausages, with the help of which, sausages of all conventional sizes can be created using co-extrusion. This factor is likely to increase the vegan casing market share in the coming year.

Vegan casings represent a breakthrough in sausage production. In the process, in a calcium bath, a liquid alginate layer is applied to the sausage mass and solidified into a rigid shape. As a result, the sausages come with a robust and tasty casing that gives them a sharp bite which rises in the adoption of vegan casing in the market.

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Furthermore, this case continued to be available in an unlimited quantity of the sausages, as well as providing processing benefits to the product is likely to increase the sales of vegan casing in the market.

In the process, a complicated mix of highly reactive starch and hydrocolloids are used to stabilize the system. The end product from the process, when exposed to a calcium chloride solution, generates synergistic effects resulting in the creation of a vegan casing with good tensile strength and elasticity which is anticipated to increase the vegan casing market growth.

Key Takeaways from Market Study

  • The vegan casing market statistics is worth US$ 2.2 Bn sales in 2022.
  • The vegan casing market share is expected to expand at a CAGR of 7.3% through 2032.
  • Demand for vegan casing is projected to grow year-on-year (Y-o-Y) growth of 6.6% in 2022.
  • The vegan casing market trend is growing with a notable boost towards production to reach US$ 4.4 Bn by 2032.
  • High product demand from the food service industry, soaring production of raw materials, and tasty and convenient product forms are the factors driving the growth of the market and to be the influencing factors among consumers, which is driving sales of vegan casing across global markets.
  • Demand for vegan casing grew at 6.4% CAGR between 2017 and 2021.
  • Euroduna Food Ingredients GmbH, Weschenfelder Direct Ltd, Dunninghams Ltd, Viscofan Group, and The Sausage Maker Inc. are expected to be the top players in the industry.
  • Vegan casing market trends & opportunities are along with fresh vegan casing, 20-26mm Caliber, edible casings as end use, and B2C sales channel are rising heavy demand from food industry carrying a notable market share.

“For best results in the vegan casing products, sausage mass and casing should be well adapted to each other, especially for scalded sausage. Stabilizing sausages with vegan casing is a great benefit to manufacturers as the right stabilization for the sausage mass can be offered by this method. Also, when the vegan process is going on, one should keep a note of specific salt content, phosphate content, and viscosity of the mass,” says a Future Market Insights analyst.

Competitive Landscape

Key vegan casing brands are conducting several research and looking for new strategic partnerships, while key business brands are focusing on developing the applications in the food industry to generate high-quality food and beverage solutions.

The top players are focusing on new formulations and product innovations to gain more revenue in the adoption of vegan casing and attract more customers to the product.

In 2021, Viscofan’s edible vegan casings introduced to the market in India, aiming to meet the growing demand for plant-based sausages in the country.

Explore More Valuable Insights

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

The study offers compelling insights based on product type (fresh vegan casing and processed vegan casing), product caliber (below 20mm caliber, 20-26mm caliber, 26-32mm caliber, and above 32mm caliber), end use (edible casings and non-edible casings), and sales channel (B2B / HoReCa and B2C), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

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

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube