Canned Mushroom Market Evolution: Examining Product Types, End-User Demands, and Top-Vendor Offerings by 2032

According to Future Market Insights (FMI), the global canned mushroom market is set to witness growth at a CAGR of 4.9%, surpassing US$ 14.0 Bn by 2032. Lifestyle changes and an increase in the employed population have resulted in a shift in consumer dietary patterns.

Consumers prefer processed foods such as canned mushrooms, which are ready-to-eat and thus convenient for intake because they require no further cooking. Furthermore, canned mushroom contains health and nutritional elements that are beneficial for good health.

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Key Takeaways from Market Study

  • Conventional canned mushroom is estimated to account for nearly 90% of the market share over the forecast period.
  • Organic canned mushroom is expected to witness a lucrative growth rate during the forecast period.
  • North America canned mushroom market is estimated to dominate the global market with a market share of around 30% in 2022
  • South Asia is expected to witness a prominent growth rate over the forecast period.
  • On the basis of product type, shiitake canned mushrooms are expected to hold a prominent share in 2022.
  • Button canned mushroom is expected to witness a significant growth rate over the forecast period.
  • Based on form, sliced canned mushrooms are estimated to hold a prominent share in the global market.

 “Key manufacturing companies are finding distinct methods such as opening their own retail outlet to promote their product offerings among the consumers in order to gain consumers and offer a variety of options.” says a Future Market Insights analyst.

Competitive Landscape

Key companies are focusing on improving the packaging of the canned mushroom as a quick and easy to open cans in order to offer more comfort to the consumers through hassle-free packaging ideas. The companies can also use graphics on the lid and containers to enhance the packaging of the brands.

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Explore More Valuable Insights

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

Canned Mushroom Market By Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Shiitake Mushroom
  • Oyster Mushroom
  • Button Mushroom

By Form:

  • Sliced
  • Pieces & Stems
  • Whole

By End-Use Application:

  • HoReCa
    • Hotels
    • Restaurants
    • Cafes
  • Retail/Household
    • Hypermarkets/Supermarkets
    • Traditional Grocery Stores
    • Convenience Stores
    • Discount Stores
    • Online Retail Stores
    • Others

By Region:

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

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Frequently Asked Questions

  • How Big is the Canned Mushroom Market?
  • What is the Anticipated Market Value of the Canned Mushroom Market by the end of 2032?
  • What is the Canned Mushroom Market Outlook?
  • Which Region is Expected to Drive the Demand for the Canned Mushroom Market?
  • Who are the Key Players Operating in the Market?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

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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Global Preterm Birth Prevention and Management Market Continues Upward Trajectory, Projected to Reach USD 4.49 Billion by 2034 at a 10.2% of CAGR

Preterm Birth Prevention and Management Market
Global Preterm Birth Prevention and Management Market

The global preterm birth prevention and management market it is anticipated to increase significantly, reaching an estimated value of USD 1.70 billion in 2024. As preterm birth treatments become more widely used in developed and emerging countries, the market is predicted to expand at a Compound Annual Growth Rate (CAGR) of 10.2% and reach a worth of USD 4.49 billion by 2034.

Preterm birth is a serious global public health concern that has detrimental impacts on the health of women and newborns. Effective prevention and management strategies are needed to mitigate these effects. Growing knowledge that premature delivery is preventable and rising maternity and child healthcare spending are driving the demand for innovative treatments and therapies.

Preterm birth, defined as birth before 37 weeks of gestation, is a leading cause of newborn mortality and disability, posing significant challenges to healthcare systems worldwide. Recognizing the substantial impact of preterm birth, both developed and developing nations are increasingly adopting advanced therapeutics and strategies for prevention and management.

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Key Takeaways of the Study

  • Development of higher complexity specific portfolios and consistent focus on areas of strength while working pipelines are the cornerstone for success in the preterm birth prevention market space.
  • Ensuring preterm interventions and research given proportional focus, so funding is aligned with health burden to curb the mortality rate
  • Makena, with various approvals for the treatment of preterm birth in potential female patient pool, contributed to the dominance of the progesterone therapy segment by therapy type in 2018 and continue to do so during the forecast period.
  • Highly effective therapies with cost advantage over are expected to generate significant revenue in the long run.
  • Majority of the global preterm birth cases have not been directed towards preterm diagnostic leading to higher mortality rates and complications
  • Sale of Hydroxyprogesterone over antihypertensive drugs such as Nifedipine, and labetalol in the global preterm birth prevention and management market has increased drastically owing to quicker onset of action and higher efficacy.

The demand from high preterm birth rate countries, development of new drug entity, loss of exclusivity in hydroxyprogesterone, and growth strategies based on tie up with distribution channel partners are projected to offer new growth opportunities for the preterm birth prevention and management market.

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Launch of Cost-effective Therapies Bodes Well for Market

New revenue opportunities in developed economies, and orphan drug designation by FDA are contributing significantly towards the launch of cost-effective therapies. A few other factors assisting the growth of preterm birth prevention and management market include adoption of preterm diagnostic tests and the economic burden of premature birth on the system.

Frequent drug shortages and unavailability of life-saving formulations in many parts of the country, growing initiatives by government and manufacturers for supply of life-saving preterm birth drugs, particularly in low income and developing countries, are driving the market growth.

Strategic Acquisitions by Key Players to Widen Regional Presence

The leading players in the preterm birth prevention and management market such as AMAG Pharmaceuticals, Pfizer Inc., and Mylan, are concentrating on organic revenue growth and commercial expansions by mergers and distribution agreements and capturing the untapped potential of the preterm birth prevention and management market.

  1. In 2022, AMAG Pharmaceuticals, Inc. a largest preterm birth prevention and management drug manufacturer announced the completion of acquisition of Perosphere Pharmaceuticals Inc., a private biopharmaceutical firm. With the acquisition, AMAG received ciraparantag to its development portfolio. This acquisition further strengthened AMAG Pharmaceuticals hold of preterm birth prevention and management business with addition of heparin therapy
  2. AMAG acquired the global rights to R&D and marketing of digoxin immune Fab, a drug used to treat severe preeclampsia in pregnant women from Velo Bio, LLC.

More Valuable Insights on Preterm birth prevention and management Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the segments from 2014 to 2029. The global preterm birth prevention and management market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

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Preterm Birth Prevention and Management Market by Category

By Therapy Type:

  • Progesterone Therapy
  • Corticosteroid Therapy
  • Tocolytics Therapy
  • Antihypertensive Therapy
  • Magnesium Sulfate Therapy
  • Heparin Prophylaxis Therapy
  • Low-Dose Aspirin Therapy
  • Antibiotics Therapy

By Route of Administration:

  • Oral
  • Parenteral
  • Vaginal

By Patient Type:

  • Prior Spontaneous PTB
  • Preeclampsia
  • Short Cervix
  • Chronic Hypertension
  • Insulin-dependent
  • Twins
  • Antiphospholipid Antibody Syndrome
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Mail Order Pharmacies

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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Disposable Plates Market is Anticipated to Cross a value of US$ 9.35 Billion by 2033 | FMI

Disposable Plates Market
Disposable Plates Market

The disposable plates market is anticipated to expand its roots at an average CAGR of 6.2% between 2023 and 2033. The market is projected to have a market share of US$ 9.35 billion by 2033 while it is likely to be valued at US$ 5.12 billion in 2023

– The restored food and beverages industry, and the application of new, light, and environmentally friendly materials while producing these plates are garnering market growth. Furthermore, the government restrictions and limitations over the use of plastic are also flourishing the sales of disposable plates.

– A section of millennials that hangs around in outer spaces, have a different lifestyle that involves eating ready-to-eat meals and fast food is adding value to the disposable crockery sector. The disposable plates with compostable, fiber, foam, and plastic material deliver different options to the end users.

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– The expanding food outlets, restaurants, caterers, and supermarkets are also consuming a big chunk of the market. The popular option of online food delivery platforms is also delivering disposable plates, spoons, and cups along with the food, fueling the market growth.

– Increased awareness around hygiene and safety in restaurants and caterers, sustainable solution as it saves time and water, and custom designs for each outlet makes it a preferred option.

Key Points

  1. The United States market leads the disposable plates market in terms of market share in North America. The United States region held a market share of 28.9% by 2022. The growth in this region is attributed to the aware end users, expanding restaurants, and online food delivery platforms. North America dominates the market as it held a 28.9% global share in 2022.
  2. Germany’s disposable plates market is another significant market in the European region. The market held a market share of 3.5% in 2022. The growth is attributed to the government efforts and restoration of the food and beverage sector post-covid-19. Europe held a global share of 27% in 2022.
  3. The Indian disposable plates market thrives at a CAGR of 8.6% during the forecast period. The market’s growth is attributed to the higher population, increased consumption, and advent of the online food delivery apps.
  4. The plastic plates segment leads the product type segment as it held a market share of 61.9% in 2022. The growth is attributed to higher availability, cheaper rates, and usage of recycled & reusable plastic.
  5. Based on the sales channel type, the B2b segment leads as it held a market share of 77.6% in 2022. The growth is attributed to the surge in outlets, restaurants, and eateries.

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Competitive Landscape

The key vendors are focused on fewer side effects, an enhanced supply chain, and higher affordability.  Companies also collaborate to expand their supply chain. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel.

Recent Market Development

  • Duni AB has introduced its different range of plates including sausage plates, round plates, square plates, and oval plates. These plates carry different colors and material options.
  • Poppies Europe Ltd has achieved a BRC A grade certification. The standard focuses on the safety, legality, and quality of products.

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Jerry Cans Market to Surpass US$ 3.5 Billion by 2033 as Application in Chemical and Food & Beverage Sectors Surges

Jerry Cans Market
Jerry Cans Market

As per Future Market Insights (FMI), the global jerry cans market is projected to witness a notable CAGR of 4.6% during the forecast period (2023 to 2033). A considerable growth in the jerry cans market is driven by increasing consumption of petroleum and lubricant products.

As per the study, key players are focusing on new innovative packaging to increase the sales, driving the demand for jerry cans. With rising expansion and development in shipping and logistics industries, key players are developing jerry cans with gas knobs to diversify the product portfolio.

With growing demand from paint and dye industry, the use of jerry cans is expected to burgeon, especially across residential sectors. FMI estimates, the use of plastic jerry cans is expected to bolster due to the durability and cost-effectiveness they offer. This is predicted to fuel the growth in jerry cans market by 1.5x over the upcoming decade.

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Adoption of jerry cans in military and industrial applications is expected to fuel the sales in the market. On the back of this, the demand for jerry cans is expected to reach a valuation of US$ 2.3 billion by the end of 2022.

Jerry cans are also used to pack household products, agricultural chemicals, sanitary supplies, etc. To fulfil the needs of these large end users, the producers of jerry cans and industrial packaging containers are aiming for bulk production. Hence, jerry can manufacturers are also investing extensively on the research and development to develop innovative design to gain revenue.

Key Takeaways

  • The plastic segment is estimated to hold around 85% of the value share by the end of 2023 due to its lightweight, cost-effectiveness, and reusability.
  • In terms of capacity, the above 25 litres segment is estimated to offer a growth opportunity of US$ 450 million during 2023 and 2033.
  • Based on end use, the food & beverages segment is expected to register growth at a CAGR of 5.0% during the forecast period.
  • South Asia is expected to be the most lucrative market for jerry cans market. It is anticipated to grow 7 times the current market value during 2022 and 2032.
  • The USA is expected to dominate the North America jerry cans market over the assessment period

“Increasing use of customized jerry cans in industrial and residential sectors due to growing expansion of paints and coatings industry will drive the demand. Furthermore, the demand for jerry cans is anticipated to reach new heights as food & beverage manufacturers and suppliers are focusing to raise production bars”- says and FMI analyst

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Jerry Cans Market Landscape

The key players operating in the global jerry cans market are Greif Inc. Berry Global, Inc., Mauser Packaging Solutions, Parekhplast India Limited, and Schutz GmbH & Co. KGaA. Also, some of the other noticeable players in the market include Plas-Pak WA Pty Ltd., IPACKCHEM Group SAS, Barrier Plastics Inc., Rheem Indonesia. PT, Can-One Berhad, Scepter (Myers Industries), Safewell, Denios , WERIT Kunststoffwerke W. Schneider GmbH & Co., Nexus Packaging Ltd., LyondellBasell Industries Holdings B.V., and others.

Jerry Cans Market Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global jerry cans market, analyzing historical demand from 2016 to 2022 and forecast statistics for 2023 to 2033. The study unravels growth projections on the jerry cans market on the basis of material (plastic and metal), capacity (below 10 litres, 10-25 litres, and above 25 litres), and end use (food & beverages (vegetable oils and juice & milk), agrochemicals (fertilizers and pesticides), industrial chemicals (hazardous and non-hazardous), and petroleum & lubricants) across the seven key regions.

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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
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Vegan Tuna Market Set for 4.2% CAGR as Health-Conscious Trend Gains Momentum, Notes FMI

The Vegan Tuna Market is experiencing a significant surge in popularity as consumers seek healthier and sustainable alternatives to traditional fish-based products. With the rise in plant-based diets, the demand for vegan-friendly alternatives has grown exponentially, creating a niche market for tuna alternatives. Companies are now offering a wide variety of plant-based tuna products, ranging from canned options to ready-to-eat meals.

According to the recent FMI report, the sales for vegan tuna are expected to surpass a value of USD 426.8 Mn in 2032, rising at a CAGR of around 4.3% through the end of 2032.

Nutritionists and seafood customers are both concerned about the Biomagnification process. It increases the risk of cancer, kidney illness, liver disease, respiratory problems, and different heart conditions in people. As a result, customers are indicating an interest in using fish substitutes to deal with the crisis.

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During the predicted period, the seafood frenzy among consumers would enhance sales of vegan fish alternatives. According to Future Market Insights (FMI), the worldwide plant-based fish market will develop at a 16.4% compound annual growth rate (CAGR) between 2022 and 2032.

PETA and other animal rights organizations help to raise awareness about plant-based fish products, which is important for recruiting customers. Consumers are being educated about the benefits of vegan products, animal cruelty, and the dangers of high meat and fish consumption through a variety of efforts, therefore, promoting the vegan tuna market.

According to a survey released in July by The Vegan Society, vegetarian diets might save 8 million lives by 2050 while also dramatically reducing global warming. Similarly, Compassion in World Farming, a UK-based group, has begun a “Rethink Fish” campaign to better the lives of fish throughout the EU. In the years ahead, the implementation of these efforts is projected to generate significant potential for vegan tuna producers.

Key Takeaways from the Vegan Tuna Market Study:

•Gluten intolerance is becoming increasingly common, driving customers to seek out more gut-friendly options such as soy-based proteins.

•The UK is likely to be the greatest market, with roughly half of all English consumers switching to vegetarian diets.

•The fact that roughly 2/5 of people in the US are not vegan but have tried introducing plant-based meals into their diets is an intriguing facet of the vegan tuna industry. US vegan tuna market is growing at a CAGR of 4.2%.

•Food allergies linked to seafood are on the rise in Europe, prompting an increasing number of customers to investigate plant-based alternatives. By 2032, the European vegan tuna market is predicted to increase at a CAGR of 4.5%.

“The players in the vegan tuna market can keep a stronghold on the developments in the market posing opportunities for application of vegan tuna. For example, augmenting demand for vegan seafood alternatives and environmental factors like depleting fish populations around the globe. In order to preserve the market position, market players are spending in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.

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Who is winning?

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

Some of the leading companies offering vegan tuna are Vegan ZeaStar’s tuna, Sophie’s Kitchen Plant-Based Toona, Good Catch Plant-Based Tuna, Worthington Meatless Tuna, Loma Linda TUNO, May Wah Vegan Delicious Tuna, Cedarlane No Tuna Salad, Jinka Vegan Tuna Spread, Vegetarian Plus Vegan Tuna Roll and others.

Get Valuable Insights into Vegan Tuna Market

FMI, in its new offering, provides an unbiased analysis of vegan tuna presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

The study divulges compelling insights on the demand for vegan tuna based on source (wheat, soy based protein, seaweed, lentils, yeast, chickpeas, and other), by application (salad, spread, pie, noodles, and others), distribution channel (convenience stores, supermarkets, specialty food stores, and online retail) across seven major regions.

Vegan Tuna Market by Category

By Source:

  • Wheat
  • Soy Based Protein
  • Seaweed
  • Lentils
  • Yeast
  • Chickpeas
  • Other Sources

By Application:

  • Salad
  • Spread
  • Pie
  • Noodles
  • Others Applications

By Distribution Channel:

  • Convenience Stores
  • Supermarkets
  • Specialty Food Stores
  • Online Retail

By Region:

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

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Frequently Asked Questions

  • How big is the Vegan Tuna Market?
  • What is the North America Vegan Tuna Market Outlook?
  • At What Rate will Vegan Tuna Demand Grow in Europe?
  • What Are the Key Trends Shaping the Vegan Tuna Market?

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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PE Resins Market Expands in Asia Pacific with High Concentration of Manufacturers | Says FMI

PE Resins Market
PE Resins Market

The global PE resins market is forecast to expand at 3.3% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 1,43,622.2 million in 2023.

The high concentration of resin manufacturers in the Asia Pacific has made the market more competitive. It is another factor boosting the expansion of polyethylene resin market in the region. Against the backdrop of physical properties such as high moisture, and abrasion resistance the demand for different grades of PE polymer is expected to increase over the forecast period.

According to reliable sources, the Asia Pacific is home to 60% of the world’s youth and this region is one of the key contributors to the growth of the global consumer electronics industry. As millennial generation is more inclined to purchase new gadgets and remain up-to-date with trends.

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Food and beverage manufacturers opt for flexible packaging, primarily for the packaging of convenience foods like ready-to-eat meals, and frozen meals. Further, the building and construction segment of the market is influenced by rapid urbanization, increasing infrastructure expansion activities, and renovation of old structures. PE resins are deployed in the building and construction products spanning pipes, roofing, and fittings.

The soaring integration of engineering plastics in automobiles is also propelling the market growth. Plastics are now increasingly used in vehicles to replace their metal parts or components to reduce their overall weight.

The market growth may be obstructed by the oscillating crude oil prices that influence resin prices.

Top Highlights from the FMI’s Analysis of the PE Resins Market: 

  • The United States PE resins industry is expected to acquire a 16.4% market share in the estimated time.
  • The German PE resins industry is predicted to account for a 4.3% market share in 2023.
  • In Japan, the PE resins industry is estimated to contribute 5.1% in 2023.
  • The India market is anticipated to register a 4.3% CAGR over the forecast period.
  • The China market is projected to expand at 3.9% CAGR in the predicted period.
  • The United Kingdom is expected to expand at 2.8% CAGR over the assessment period.
  • Based on resin type, the LDPE segment is expected to obtain a value share of 42.2% by 2023.
  • Based on the end-use category, the packaging segment is projected to attain 35.5% by the year 2023.

Innovation Watch: Key Developments in the Market

  • DuPont signed a contract to divest its mobility and materials category to Celanese in February 2022. This agreement within the advanced solutions and performance resins business lines holds US$ 3.5 billion in net sales. With this development, the company aims to create an impressive portfolio and cater to different markets like automotive, consumer, and industrial markets.
  • BASF introduced RegXcellence, which is a new service for the regulatory purposes of plastic additives in February 2022. This service delivers digital solutions in tandem with advisory support to boost innovation opportunities.
  • NOVA Chemicals Corporation, in February 2021, created a sequence of customizable film designs made of post-consumer resin. These film structures incorporated with post-consumer low-density polyethylene can be modified to serve the demands of film applications.

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PE Resins Market by Category

By Resin Type:

  • HDPE
  • LDPE
  • LLDPE

By End Use:

  • Packaging
    • Flexible Packaging
    • Rigid Packaging
  • Consumer Goods
  • Automotive & Transport
  • Building & Construction
  • Textiles
  • Agriculture & Horticulture
  • Electricals & Electronics

By Region:

  • North America
  • Asia Pacific
  • Western Europe
  • Eastern Europe
  • Latin America
  • The Middle East and Africa (MEA)
  • Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Global Preterm Birth Diagnostic Test Kit Market Set to Flourish, Expected to Reach USD 316.5 Million by 2034 at a 7.6% of CAGR

Preterm Birth Diagnostic Test Kits Market
Global Preterm Birth Diagnostic Test Kits Market

The global preterm birth diagnostic test kits market is expected to experience strong global growth, with revenues expected to reach USD 152.2 million in 2024  and increase at a rate of 1.6 times over the course of the projection year. Compound Annual Growth Rate (CAGR) of 7.6% is predicted for the years 2024–2034, with expected revenues of USD 316.5 million by 2034.

Diagnostic test kits for premature delivery are essential for detecting and treating preterm labor. Additionally, they give medical professionals vital information that enhances the results for expecting moms and their offspring. The number of preterm births is increasing, and it is crucial to discover and treat these babies as soon as possible. The need for creative diagnostic solutions is growing globally as a result of these causes.

Preterm delivery is a major global cause of infant mortality and morbidity; therefore, early identification and treatment are essential to preventing negative consequences. The urgent need to identify high-risk pregnancies and carry out prompt interventions is driving the demand for preterm birth diagnostic test kits.

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Key Findings Presented in the Report on the Preterm Birth Diagnostic Test Kits Market:

According to the data, the number of births in 2017 was roughly 115.4 million, of which 12.8 million or 11.1% were preterm. Preterm birth problems are the biggest cause of death for children under the age of five, according to the World Health Organization. In 2015, they were directly responsible for around one million deaths. Of these, cost-effective measures can avoid three-quarters of these deaths. Across different regions, preterm birth diagnostic test kit adoption rates varied from 2% to 15%. A substantial chunk of the preterm birth test kit market has gone untapped, leaving it open for manufacturers of preterm diagnostic test kits. This is because the majority of the current patient pool is ignorant of the cost-saving advantages of preterm birth diagnostic test kits.

Analysis of the Preterm Birth Diagnostic Test Kits Market:

The most common sample used for preterm labor and premature membrane rupture diagnosis in preterm birth diagnostic test kits is blood. The most popular and widely recognized preterm birth diagnostic test kits among end users are those that employ blood samples for preterm birth diagnosis. On the other hand, preterm birth diagnostic test kits using vaginal discharge sample type are becoming more and more common.

Patients experiencing symptoms of preterm birth are primarily referred to hospitals, outpatient clinics, and diagnostic laboratories that use preterm birth diagnostic tests. Because they are the principal healthcare institution for preterm cases, hospitals are expected to account for the majority of the revenue share under the end users segment for the preterm birth diagnostic test kits market in 2017.

Preterm Birth Diagnostic Test Kits Market – Competitive Landscape:

The key players of this market are adopting strategies such as product launch, acquisition, partnership and collaborations to gain expand their market presence and open up new streams of revenue generation.

  • In June 2021, Medix Biochemica announced the launch of a new molecular diagnostic reagents division named “MedixMDx” to offer extensive range of products and services for their customers.
  • In September 2020, QIAGEN announced the acquisition of NeuMoDx Molecular Inc., which helped the company to complete their product portfolio of PCR technology based automated molecular testing solutions.
  • In May 2021, Sera Prognostics announced a strategic commercial partnership with Anthem Inc., to make their “PreTRM® “tests available to all the customers of Anthem in the U.S.

Since the awareness of preterm birth diagnostic test kits is increasing, the demand for these kits will rise in the next few years. This creates many lucrative opportunities for the key players of this industry.

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Key Companies Profiled:

  • Qiagen
  • Medix Biochemica
  • Hologic Inc.
  • Sera Prognostics
  • IQ Products
  • Creative Diagnostics
  • Nanjing Liming Biological Preparations Co., Ltd.
  • Clinical Innovations, LLC
  • Bioserv Diagnostic GmbH

Preterm Birth Diagnostic Test Kits Market, By Category:

Product:

  • ffN Test
  • PAMG-1 Test
  • IGFBP-1 Test

Sample:

  • Blood
  • Urine
  • Vaginal Discharge

End User:

  • Hospitals
  • Diagnostic Laboratories
  • Outpatient Clinics
  • Research Centers

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle-East & Africa
  • APECJ
  • China
  • Japan

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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 400 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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Grain Alcohol Market to Reach USD 22.2 Billion, Anticipated Growth at 4.2% CAGR Through 2032

Grain Alcohol Market will Surpass US$ 15.6 Bn through 2022 & Beyond as Application in Beverage Industry Rises According to Future Market Insights (FMI), the global grain alcohol market is expected to witness growth at a CAGR of 4.2%, surpassing US$ 22.2 Bn during the forecast period (2022-2032).

Distilling fermented grain yields grain alcohol and it’s made from a fermented blend of corn, sugar, yeast, and water. However, in addition to corn, other grains such as wheat and rye are used by the manufacturers. Grain alcohol is produced by fermenting carbohydrates in the grain with yeast. The ethanol is then distilled several times to make grain alcohol.

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Application of grain alcohol is rising due to changing lifestyles and rising middle-class population and disposable budgets. These undeveloped markets offer a large supply of low-cost labor, cutting-edge technology, and relatively lax rules on the usage of food-grade alcohol.

Sugarcane, cereals, corn, and other fruits and vegetables are abundant natural sources of grain alcohol, especially in African, Asian, and Latin American countries.

Key Takeaways from Market Study

The grain alcohol market is expected to expand at CAGR of 4.2% over the forecast period.
Among the source, corn is dominating the segment holding around 41.6% of the revenue and it is expected to grow with CAGR of 2.6% over the forecasted period.
Among the functionality segment, disinfectant segment is expected to dominate the application segment holding more than 31.2% revenue share and it is expected to grow with around 2.3% CAGR over the forecast period.
Ethanol is dominating the type segment holding around 46.7% in 2022 and it is expected to grow with CAGR of 3.7% over the forecasted period.

“Grain alcohol sales are expected to increase across the globe due to varied application like disinfectant, personal care products, health care, and beverages. Hence, manufacturers are focusing on developing attractive products to cater to the growing demand.” says a Future Market Insights analyst.

Competitive Landscape
Key manufacturers of grain alcohol market are majorly focusing on research & development in order to develop innovative and unique product offering. In addition to this these key players in the grain alcohol market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

In January 2021 MGP Ingredients, Inc. signed a definitive agreement to buy Luxco and its subsidiary firms. Luxco is a renowned branded beverage and alcoholic beverage firm with an extensive product portfolio. MGP Ingredients plans to expand its scale and market position in the branded-spirits sector as a result of the Luxco purchase.

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

The study offers compelling insights based on source (Corn, Fermented plant materials, Grains, Grapes, Sugarcane, Sugar beets, Tubers), by Application (Beverage, Food, Pharmaceutical, Health Care and Personal Care), by Functionality (Preservative, Solvent, Disinfectant, Antiseptic) by Type (Ethanol and Polyols) across seven major regions of the world.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

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 Wearable Sleep Tracker Market for Spectacular Growth, Projected to Reach USD 2,458.60 Million by 2034 at a 4.5% of CAGR

Wearable Sleep Tracker Market
Global Wearable Sleep Tracker Market

The global wearable sleep tracker market by 2024, it will have grown to a value of USD 1,583.20 million, indicating rapid development. The growing prevalence of sleep problems is largely to blame for the expansion of the wearable sleep tracker market.

By 2034, the market value of wearable sleep trackers might surpass USD 2,458.60 million as these trends gain momentum and become more widespread. The CAGR between 2024 and 2034 is shown to be 4.5%.

People suffering from sleep disorders are increasingly using wearable sleep trackers as a tool to monitor their sleep patterns and pinpoint potential triggers as the prevalence of these ailments rises. Consumer acceptance of wearable sleep trackers is further boosted by the integration of sleep-tracking technology with wearable devices.

Sleep disorders, including insomnia, sleep apnea, and restless leg syndrome, affect millions of individuals worldwide, impacting their overall health and well-being. To address these concerns, sleep trackers are becoming increasingly popular tools for individuals with sleep disorders to monitor their sleep habits and identify potential triggers.

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Market Dynamics Framing the Wearable Sleep Tracker Sector:

The rise of the wearable sleep tracking device market is being supported in large part by the rising prevalence of sleep disorders and rising disposable income. Wearable sleep trackers are expected to see significant growth in the market due to their accessibility through both online and offline distribution channels, as well as their increasing popularity as fashion items in emerging nations.

The wearable sleep tracker market is not growing as quickly as it could due to the high cost associated with smart wearable devices. The sales of wearable sleep trackers are limited by the fluctuating pricing of raw materials and the growing competition in the market.

The global wearable sleep tracker market is segmented on the basis of product type into:

  • Wearable Sleep Tracker Ring Devices
  • Wearable Sleep Tracker Wristband and Hand band Devices
  • Wearable Sleep Tracker Headband Devices
  • Wearable Sleep Mask Tracker Devices

The report begins with the market definition of wearable sleep tracker, followed by definitions of different types of wearable sleep trackers and applications for which these wearable sleep trackers are used. The market dynamics section includes FMI’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global wearable sleep tracker market.

On the basis of the application, the global wearable sleep tracker market is segmented into:

  • Insomnia
  • Sleep Apnoea
  • Others

On the basis of the distribution channel, the global wearable sleep tracker market is segmented into:

  • Pharmacy and Retail Stores
  • Online Sales
  • Hypermarkets and Supermarkets
  • Others

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Next, the report analyses the market on the basis of regions and presents forecast in terms of value for the next 10 years. On the basis of region, the global wearable sleep tracker market is segmented into:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Rest of Eastern Europe
  • Asia Pacific excluding China and Japan
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia- Pacific excluding China and Japan
  • China
  • Japan
  • Middle East & Africa (MEA)
    • South Africa
    • GCC Countries
    • Rest of Middle East and Africa

In addition, we have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify the growth opportunities for companies operating in the global wearable sleep tracker market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective for services offered by the wearable sleep tracker market. To understand the key segments in terms of their growth and performance in the global wearable sleep tracker market, Future Market Insights has developed a market attractiveness index. The resulting index will help identify the existing market opportunities in the wearable sleep tracker market.

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In the final section of the report, the ‘competitive landscape’ has been included to provide a dashboard view of the key companies operating in the global wearable sleep tracker market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the wearable sleep tracker market. However, this section also includes market strategies and SWOT analysis of the key players operating in the global wearable sleep tracker market.

Detailed profiles of wearable sleep tracker drug manufacturers are also included in the scope of the report to evaluate their long- and short-term strategies. Examples of some of the key players operating in the wearable sleep tracker market are Fitbit, Inc., Garmin Ltd., Koninklijke Philips N.V., Huami Corporation, Fossil Group, Inc., and Huawei Technologies Co., Ltd., among others.

Key Segments:

By Product:

  • Wearable Ring Devices
  • Wearable Wrist and Hand band Devices
  • Wearable Headband Devices
  • Sleep Mask Tracker Devices

By Application:

  • Insomnia
  • Sleep Apnea
  • Others

By End User:

  • Pharmacy and Retail Stores
  • Online Sales
  • Hypermarkets and Supermarkets
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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Cloud Network Monitoring Market Surges: Global Sales Projected to Reach US$ 8,889.0 million by 2033

The cloud network monitoring market is anticipated to be valued US$ 2,044.2 million in 2023. Throughout the projection period, the market is anticipated to grow at a 15.8% CAGR and reach US$ 8,889.0 million by 2033.

In a cloud computing context, cloud network monitoring entails continually viewing and evaluating network performance, security, and activity. It functions by placing agents and monitoring tools on a variety of cloud infrastructure elements, including network devices, servers, virtual machines, and storage systems.

The increasing adoption of cloud computing and digital transformation initiatives across industries is a major driver for the Cloud Network Monitoring market. Organizations are migrating their systems and applications to the cloud, creating a need for robust monitoring solutions to ensure performance, security, and availability in the cloud environment.

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The growing complexity of cloud networks and the need for real-time visibility present significant opportunities in the Cloud Network Monitoring market. Organizations require advanced monitoring solutions that can handle distributed architectures, hybrid cloud environments, and emerging technologies like containers and serverless computing. Meeting these demands with innovative and scalable monitoring tools can lead to substantial market growth.

One of the key challenges in the Cloud Network Monitoring market is the dynamic and constantly evolving nature of cloud environments. With frequent changes in infrastructure, scaling, and resource allocation, it becomes challenging to maintain accurate and up-to-date monitoring configurations. Keeping pace with the dynamic nature of cloud networks and ensuring effective monitoring across all components and services is a challenge that vendors and organizations face.

A notable Cloud Network Monitoring market trend is integrating machine learning and artificial intelligence technologies. Artificial intelligence and machine learning algorithms are being leveraged to analyze large volumes of network data, identify patterns, and detect anomalies in real time. This trend enables proactive monitoring, intelligent incident detection, and automated responses, enhancing the efficiency and effectiveness of cloud network monitoring solutions.

Key Takeaways from the Cloud Network Monitoring Market:

  • The cloud network monitoring market in the United States is predicted to reach US$ 1066.7 Million by 2033, increasing at a 15.5% CAGR.
  • The cloud network monitoring market in the United Kingdom is estimated to reach a market value of US$ 862.2 Million, expanding at a CAGR of 14.7% by 2033.
  • During the forecast period, China’s cloud network monitoring market is expected to reach a market value of US$ 986.7 Million, securing a 16.1% CAGR.
  • Japan’s cloud network monitoring market is predicted to reach US$ 791.1 Million by 2033, increasing at a 15.1% CAGR.
  • India’s cloud network monitoring market is predicted to achieve a market value of US$ 915.6 Million, rising at a 17.8% CAGR during the forecast period.
  • With a CAGR of 17.2% from 2023 to 2033, the application monitoring segment is expected to dominate the cloud network monitoring market.
  • With a market share of 19.8% from 2023 to 2033, North America is expected to dominate the cloud network monitoring market.

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How Does the Competition Look in the Cloud Network Monitoring Market?

The Cloud Network Monitoring market is rapidly expanding due to the adoption of cloud computing and the complexity of cloud networks. This growth is fueled by the demand for effective monitoring solutions that ensure performance, security, and availability in cloud environments. The market is marked by advancements in monitoring technologies, AI and ML capabilities, and specialized solutions addressing evolving cloud monitoring needs.

The Cloud Network Monitoring market is fiercely competitive, with key players like Cisco Systems, Google, SolarWinds, AppDynamics, and NetApp striving to dominate and grow their customer base. These vendors utilize their wide range of products, strong brand recognition, and global presence to provide comprehensive monitoring solutions and capture a significant market share. The competition revolves around constant product innovation, feature enhancements, and addressing the specific needs of various industries and organizations.

Collaboration and partnerships are vital in the Cloud Network Monitoring market. Key players form strategic alliances with cloud service providers, network infrastructure vendors, and technology integrators. These collaborations integrate monitoring solutions with complementary products or services, extend market reach, and provide end-to-end monitoring capabilities. Leveraging these partnerships, companies offer advanced comprehensive solutions, meeting diverse customer needs in complex cloud environments.

Leading players dominate the cloud network monitoring market with their experience, customer base, and market recognition. They invest in R&D to enhance solutions, stay technologically advanced, and meet evolving customer needs. Emerging vendors with innovative and niche offerings also find opportunities alongside established players, catering to specific market segments or verticals.

Top 5 Key Players in MedTech Market and Their Marketing Strategy

  1. NetApp
  2. Google
  3. Microsoft Corporation
  4. Amazon
  5. Oracle

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Segmentation Analysis of the Cloud Network Monitoring Market

By Monitoring:

  • Infrastructure Monitoring
  • Application Monitoring
  • Network Traffic Monitoring

By Cloud Type:

  • Private Cloud
  • Public Cloud
  • Hybrid Cloud

By Industry:

  • IT & Telecommunication
  • BFSI
  • Government
  • Healthcare
  • E-commerce
  • Others

By Region:

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

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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
LinkedInTwitterBlogs | YouTube