Market Research Blog – Page 1310 – New Product Development

Human Milk Oligosaccharide Market Poised for 6.5% CAGR Growth by 2034, Boosted by Rising Birth Rates and Enhanced Infant Nutrition

According to Future Market Insights (FMI), the global human milk oligosaccharide (HMO) market (Mercado de oligosacáridos de la leche humana (HMO)) is estimated to reach US$ 100.8 million in 2024. Over the forecast period, human milk oligosaccharide sales are poised to increase at a CAGR of 6.5%. The global market is estimated to reach US$ 161.6 million by 2034.

Escalating demand for infant formula products that emulate the nutritional composition of breast milk is driving the human milk oligosaccharide market. As awareness of breast milk’s unique benefits grows, parents and caregivers are seeking human milk oligosaccharides that closely resemble breast milk for optimal infant nutrition.

Rising birth rates, urbanization, and the growing prevalence of working mothers are the factors contributing to a greater reliance on human milk oligosaccharides as a primary source of infant nutrition. Advancements in extraction and purification technologies are making HMOs more accessible to formula manufacturers and other industries seeking to incorporate them into their products.

Leading companies are investing in research & development to innovate novel HMO structures. They are forming strategic partnerships with infant formula manufacturers and implementing efficient production processes for cost-effectiveness and scalability.

Key Takeaways from the Human Milk Oligosaccharide Market Report:

The global human milk oligosaccharide market is estimated to be US$ 100.8 million in 2024.
The global market is expected to surge at a CAGR of 6.5% by 2034.
Based on product type, the fucosylated segment is expected to reach a valuation of US$ 42.9 million by 2034.
During the forecast period, China is expected to rise at a CAGR of 5.5%.
Demand for human milk oligosaccharides in Japan is anticipated to rise at a steady CAGR of 4.8% by 2034.

“The human milk oligosaccharide (HMO) market is experiencing robust growth fueled by rising awareness of their health benefits and expanding applications beyond infant nutrition. As demand continues to surge, innovations in production technologies and regulatory advancements are set to be pivotal in shaping the market’s trajectory and fostering further development.” -says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)

Competitive Landscape

Jennewein Biotechnologies GmbH, KYOWA HAKKO BIO CO. LTD., DSM, Nestle Health Science, DUPONT, zuChem Inc., Glycosyn LLC, Elicityl SA, and Dextra Laboratories Limited are key human milk oligosaccharides manufacturers listed in the report.

The human milk oligosaccharide (HMO) market has a diverse and dynamic competitive landscape. Leading companies focus on research & development, new formulations, and sustainable sourcing to expand their customer base. Key manufacturers also emphasize product certifications, environmentally friendly practices, and satisfying the increased demand for natural & sustainable ingredients.

For instance,

In 2021, BASF announced the approval of PREBILAC, its 2’-FL brand, by Australia’s Therapeutic Goods Administration (TGA).
In 2022, Kyowa Hakko Bio Co. Ltd, a subsidiary of Kirin Holdings Company, Limited, finalized the construction of a manufacturing facility dedicated to the production of human milk oligosaccharides (HMOs) at its Thai subsidiary, Thai Kyowa Biotechnologies Co, Ltd.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global human milk oligosaccharide market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the human milk oligosaccharide market based on product type (fucosylated [2FL, 2FL DFL, and 3FL], silylated [3SL and 6SL], and non-fucosylated neutral [LNT, LNnT, and LNFP], end-use (infant formula and dietary supplements), and regions.

Key Companies Profiled

Jennewein Biotechnologie GmbH
KYOWA HAKKO BIO CO. LTD.
DSM
Nestle Health Science
DUPONT
zuChem Inc.
Glycosyn LLC
Elicityl SA
Dextra Laboratories Limited
Carbosynth Limited

Key Coverage in the Global Human Milk Oligosaccharide Industry Research Report

Adjacent Study on Human Milk Oligosaccharides Benefits and Nutritional Products Human Milk Oligosaccharides
Detailed Market Analysis of Human Milk Oligosaccharides Supplement
Ongoing Innovations in Human Milk Oligosaccharides Formula
Growth Prospects for Baby Food Market in the United States
Top Players in Baby Food and Infant Formula Market
Human Milk Oligosaccharides and Immune System Development

Comprehensive Market Insights: Full Report Overview

Human Milk Oligosaccharide (HMO) Market Segmentation by Category

By Product Type:

Fucosylated
- 2FL
- 2FL DFL
- 3FL
Silylated
- 3SL
- 6SL
Non-fucosylated Neutral
- LNT
- LNnT
- LNFP

By End-use:

Infant Formula
Dietary Supplements

By Region:

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

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

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

Food Certification Market Set to Grow at 10.4% CAGR by 2034 Amid Rising Demand for Safe and Ethical Food Production | FMI

According to the latest analysis, the global food certification market (Mercado de Certificación de Alimentos) value is expected to grow from USD 11,053.9 million in 2024 to USD 28,405.7 million by 2034. It will likely exhibit strong growth during the forecast period, with overall demand rising at a CAGR of 10.4%.

Several factors are expected to drive the food certification industry forward during the assessment period. These include:

Food certifications play a crucial role in ensuring the safety, quality, and sustainability of food products.
Consumers are becoming conscious about the food they consume and are actively seeking products with certifications that validate specific attributes such as organic, non-GMO, fair trade, gluten-free, and animal welfare.
Certification bodies are also evolving to offer a wide range of certification programs tailored to different sectors and specific requirements. Furthermore, regulatory bodies and government agencies are implementing strict regulations and guidelines to maintain food safety standards and protect consumer interests.
The global food certifications market is expanding as many countries and regions adopt certification programs. Additionally, advancements in technology, such as blockchain-based certification systems, are emerging to enhance transparency and traceability in the food supply chain

The rising importance of food certifications like BRC Food, IFS FOODs, ISO 2203, FSSC FOODS, HACCP, Global GAP, and others is expected to boost the global market. Each certification serves a specific purpose to maintain product safety, quality, and integrity across different sectors.

Food certifications are essential for manufacturers, retailers, and regulatory bodies, ensuring that food products meet specific safety standards, quality, and ethical production practices. They also reduce risks associated with foodborne illness, contamination, fraud, and noncompliance with regulations.

As consumer awareness grows regarding health, sustainability, and ethical concerns, the demand for certified products is expected to increase globally. Emerging regions such as the Asia-Pacific and Latin America present key opportunities for these certifications.

Growing health-conscious consumers and middle-class populations are projected to further drive demand for safer and higher-quality food certification products. Hence, the target market is projected to thrive rapidly through 2034.

Key Takeaways from the Food Certification Market Report:

The global food certification market is estimated to be valued at USD 11,053.9 million in 2024.
The market is expected to surge at a CAGR of 10.4% by 2034.
In the United States, the food certification market is expected to exhibit a CAGR of 8.6% by 2034.
India is expected to grow at a CAGR of 8.5% during the forecast period.
Based on application, the dairy products segment is expected to reach USD 3,933.3 million in 2034.

“The food certification market consists of certification bodies, inspectors, and consultants who verify compliance with standards. These bodies serve both manufacturers who rely on these certifications to differentiate their products and consumers who trust them to make ethical and informed decisions. Growing consumer awareness about food safety and quality is expected to play a key role in boosting the food certification industry through 2034.” says Nandini Roy Choudhury, Client Partner at Future Market Insights

The popularity of Multi-Domestic Food Service and E-Retail Chains to Shape the Market

With the rapid shift to processed and convenient food, food certification remains of paramount importance. The emergence of e-commerce platforms and online food delivery services is estimated to propel the need for food certification worldwide.

The advent of multi-domestic food services, especially in India and China, is compelling governing bodies and agencies to monitor the safety and quality of food. The imposition of several food certification policies is helping the growth of the market.

There are several companies adopting food certification methods to meet the burgeoning demand for halal and ‘free-from’ certification food. Food producers are adopting these methods to maintain their position in the industry and to garner consumers’ trust. This particularly is going to aid the market growth in the coming years.

Demand for halal food products from the Muslim countries in the Middle East has amped up the demand for food-certification of meat products. Hence, food certifications continue to gain traction as a necessity with the globalization of the food sector.

Competitive Landscape

The competitive landscape of the food certification market is characterized by a diverse array of certification bodies, auditors, and consultants globally. Key players offer a wide range of certification services related to food safety, quality, and sustainability.

Regional and national certification companies play significant roles in specific markets, providing local expertise and support. The market is dynamic, with ongoing innovations in certification standards and increasing demand driving competition among industry players to maintain credibility and relevance in the evolving food industry.

For instance,

In November 2022, SCS announced the launch of the plant-based certification program. The program advances plant-based options and recognizes development in different buyer items.
In September 2022, Intertek Group PLC presented a vegan food certification mark to guarantee total belief in item claims.

In-Depth Market Analysis: A Complete Report

Key Companies Profiled in the Food Certification Industry

SGS SA
Bureau Veritas SA
Thermo Fischer Scientific Inc.
ALS Limited
AsureQuality Limited
UL Registrar LLC
Aspirata Auditing Testing And Certification (Pty) Ltd.
Dekra SE
Lloyd’s Register Group Services Limited
Indocert
Intertek Group Plc.
Eurofins Scientific SE

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global food certification market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the food certification industry based on certification type (BRC Food, IFS Food, ISO 22000, FSSC 22000, HACCP, Global GAP, Organic, Kosher, Halal, and others) and application (bakery & confectionary, dairy products, processed & packaged food, infant food, alcoholic & non-alcoholic beverages, functional food, meat & poultry products and seafood) across several regions.

About Future Market Insights (FMI):

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, USA and India. FMI’s latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

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

Global Massage Gun Market Set to Reach $1.12 Billion by 2033 with a 7.5% CAGR Growth

The global massage gun market is projected to reach USD 542.6 million by 2023. According to the report, the market is expected to grow at a strong CAGR of 7.5%, with its valuation anticipated to hit USD 1,122.7 million by 2033. Currently, massage guns hold a 5% to 8% share of the global massage equipment market.

The massage gun market has seen remarkable growth in recent years, driven by increasing consumer awareness of self-care and wellness products. These portable devices, which use percussive therapy to relieve muscle soreness, have become a staple for athletes, fitness enthusiasts, and even office workers looking for quick recovery and stress relief.

Key Dynamics in the Massage Gun Market

Several factors contribute to the rapid expansion of the massage gun market:

Growing Health & Wellness Trends
Consumers are becoming more proactive about managing their physical health, leading to a surge in demand for recovery tools like massage guns. The increased focus on fitness, paired with a desire for convenience, has made massage guns a popular choice for personal use.
Technological Advancements
Manufacturers continue to innovate, incorporating features like adjustable intensity, smart sensors, and ergonomic designs. These advancements appeal to a wide range of users, from professional athletes to those seeking everyday muscle relief.
Post-Pandemic Recovery and Self-Care
The COVID-19 pandemic heightened awareness around health, with consumers investing in at-home wellness solutions. As gyms and therapy centers were temporarily unavailable, massage guns provided an easy-to-use alternative for muscle recovery.
Increase in Sports Participation
With more people engaging in regular sports and physical activities, the demand for tools to aid in recovery has risen. Massage guns offer a portable solution for athletes looking for quick recovery, increasing their popularity across fitness circles.

Click Here to View Full Report: https://www.futuremarketinsights.com/reports/massage-guns-market

Category-wise Insights

The massage gun market can be segmented into various categories based on product type, user demographics, and pricing tiers.

1. Product Type

Handheld Massage Guns: The most common type, offering portability and ease of use.
Stationary Massage Devices: Often used by professionals, these are bulkier but provide more comprehensive treatment.

2. User Demographics

Athletes & Fitness Enthusiasts: They form the largest consumer base, using massage guns to alleviate soreness and improve performance.
Office Workers: A growing category, these consumers use massage guns to relieve tension from sedentary lifestyles.
Elderly & Rehab Patients: This segment uses massage guns for gentle relief from chronic pain and improved mobility.

3. Pricing Tiers

Premium Products: High-end models with advanced features such as smart sensors and multiple attachments, priced upwards of $300.
Mid-Range: These offer a balance of features and affordability, typically priced between $100 and $250.
Budget-Friendly: Priced under $100, these are designed for casual users or beginners.

Competitive Landscape

Massage gun manufacturers are offering a wide range of massage guns and accessories such as spare parts, ball comfort tips, handles, etc. Key players are also focusing on product enhancement as well as on specific categories that are driving the demand.

For instance:

Meet, a game-changing fitness gear and healthcare company, has recently launched its NEX massage gun series on Amazon. As one of the world’s strongest yet ultra-portable percussion massage guns, NEX supports professional muscle recovery on the go with its lightweight design, powerful motor, and incredible lifespan.

Global Massage Guns Market by Category

By Size:

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

By Battery Type:

Rechargeable
Replaceable

By Sales Channel:

Direct Sales
Indirect Sales
- Specialty Stores
- Modern Trade
- Independent Departmental Stores
- Pharmacy Stores
- Online Retailers
- Wholesalers/Distributors
- Other Sales Channel

By End-User:

Athletes
Chiropractor
Fitness Enthusiasts
Expectant Women
Others

By Region:

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

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 FMI:  

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

Blenders Market: Exploring Key Trends, Innovations, and a Steady Growth Rate (CAGR) of 5% from 2023 to 2033

The blenders market is projected to reach a valuation of USD 2.94 billion in 2023, with an estimated compound annual growth rate (CAGR) of 5% from 2023 to 2033, reaching USD 4.79 billion by 2033.

Here’s a glimpse at what’s fueling this growth:

Women Power Up the Kitchen:As more women join the workforce, their increased spending power translates to a demand for time-saving kitchen gadgets like blenders.
Healthy Habits Take Root:Growing health consciousness is leading people to prioritize nutritious meals made at home, and blenders are a perfect tool for creating healthy drinks and smoothies.
Space Saving, Power Blending:Shrinking living spaces, especially in urban areas, have led to a surge in popularity of compact, handheld blenders, overtaking their bulkier countertop cousins.
Innovation Blends with Demand:Consumers are looking for smarter, more versatile blenders, prompting manufacturers to invest in R&D. Leading brands like Philips are leading the charge with features like blade advancements for smoother results.
Immersion Innovation:The market is seeing a rise in novel blender types like immersion blenders, catering to the demand for portable and efficient options.
North America’s Healthy Blend:Consumers in North America, particularly the US, are embracing healthier diets with a focus on nutritious foods. This trend translates to a growing demand for portable blenders that fit perfectly into their lifestyle.
Asia Blends in with Growth:Emerging economies in Asia-Pacific are expected to be major consumers of blenders, driven by rising disposable incomes and a growing appetite for tech-savvy appliances.
E-commerce Spices Up Sales:The booming e-commerce industry in countries like China and India is making it easier for people to buy kitchen gadgets, further propelling blender sales in the region.
A Fragmented Market with Big Blenders:The global blender market is a competitive landscape with established international and regional players. While global giants focus on expanding their reach, regional players face challenges in terms of cost, innovation, and product quality.
Blending Up a Brand Strategy:Leading brands are employing strategic maneuvers like mergers, acquisitions, product launches, and continuous development to stay ahead of the curve and build a loyal customer base.

Trends in the Blenders Market

As houses and kitchen spaces have gotten smaller, especially in urban areas, consumers have felt the need for optimising space. This has resulted in smaller hand-held blenders gaining popularity and outselling the more conventional table-top blenders in recent years.

Similarly, the portable or personal blenders segment too has shown strong growth trends in line with the demand for compact blenders and growing use of blenders among health-conscious people; this is especially true for those who travel frequently or carry blenders to their gyms, work places, etc.

Technological advances in the blenders market has been aimed at increasing the power output of blenders while also allowing for greater control over speed of the mixing blades. R&D and large-scale production of blenders has simultaneously also brought down product costs.

Online sales of blenders has picked up as internet literacy has grown. However, retail outlets still remain the preferred distribution medium as they account for most sales.

Click here to view full Report: https://www.futuremarketinsights.com/reports/blenders-market

Impact of Covid-19

The economic crisis being caused because of the Coivid-19 pandemic is likely to result in massive reductions in disposable incomes and job layoffs. This is likely to affect the blenders market since blenders may once again be perceived as luxury products rather than a daily necessity.

Manufacturers would thus be required to make products more affordable so that they stay within the budgets of consumers. Similarly, durability and utility of blenders will also figure high on the consumers’ wish-list due to economic considerations. The challenge then is to make blenders more powerful and sturdier while reducing their production cost.

Key Players:

Omega
Braun
Panasonic
Breville
Midea
Kuvings
Philips
Deer
ACA
Supor
Joyoung

Drivers of the Blenders Market

The rising numbers of women in the global workforce has been one of the key drivers of the blenders market. This is since it has caused a rise in the average disposable incomes of households and meant that women are required to cut-down the time spent in the kitchen.

Growing health consciousness has also been a driver for the blenders market as more people are keen on making healthy beverages and foods at home, rather than depending on processed and packaged foods.

Regions and Countries Analyzed in the Report

North America (USA, Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, the United Kingdom, France, Italy, Spain, Poland, Russia, Rest of Europe)
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)

Author:

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:  

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

Automotive Microcontroller Market Expansion: Expected to Hit USD 31.7 Billion by 2034, with a CAGR of 8.27% | FMI Reports

The automotive microcontroller market is set to achieve a valuation of USD 14.32 billion by 2024, with a projected compound annual growth rate (CAGR) of 8.27% from 2024 to 2034. By 2034, the market is expected to grow to approximately USD 31.7 billion.

This expansion is driven by the enforcement of mandatory safety standards in various countries and the growing dependence of vehicle electronic control units on advanced microcontrollers. These microcontrollers are crucial for precise fuel injection, ignition timing, and overall enhancement of engine performance.

Key Insights from the Automotive Microcontroller Market Report:

The market is forecasted to experience an absolute growth of USD 17.5 billion over the next decade.
The United States currently leads in the production of automotive microcontrollers, with a projected CAGR of 6.4% from 2024 to 2034.
Germany is the primary supplier of automotive microcontrollers in Europe and is expected to grow at a rate of 5.1% during the forecast period.
China is anticipated to dominate the automotive microcontroller market with a robust CAGR of 12.1% through 2034.
India is emerging as a significant market for automotive microcontrollers, with a projected growth rate of 11.1% over the next decade.
The automotive microcontroller industry in Australia is likely to expand at an annual rate of 8.7% until 2034.

Detailed Market Study: Full Report and Analysis

Competitive Landscape:
The overall market is turning competitive gradually with the emergence of new market players in emerging economies like China and India. However, top automotive microcontroller manufacturers still hold a significant share of the global owing to their long-term collaborations with automotive manufacturers.

Leading Key Players:

Texas Instruments Incorporated
NXP Semiconductors NV
STMicroelectronics NV
Microchip Technology Inc.
Renesas Electronics Corporation
Silicon Labs Private Limited
Fujitsu Limited
Maxim Integrated Products, Inc.
Infineon Technologies
Toshiba Corporation

Recent Developments:

In August 2023, ARTERY Technology entered the automotive MCU market with the debut of its first automotive-grade microcontroller, the AT32A403A. This new series of automotive control chips completed qualification tests such as the accelerated environmental stress test and the accelerated lifespan simulation test in accordance with the AEC specification. Moreover, the package assembly integrity test and the electrical verification test were also certified in accordance with the automotive standard AEC-Q100 Grade 2.
In June 2023, Cortus’s Safe, a fabless semiconductor manufacturing company based in France, introduced low-power RISC-V automotive microcontrollers (MCUs) and announced today by forward-thinking. Cortus ULYSS series satisfies all technological requirements for the various classes of automotive electronic systems by utilizing process technologies. The process technology ranges from 130nm to 12nm, single to eight-core designs, all with floating points and CAN, and clock rates from 240MHz to 1.5GHz. The safety certifications and standards it adheres to include ISO 26262 ASIL-B, ASIL-D, IEC 61508/62061, AEC-Q100/1, AUTOSAR, ISO/SAE 21434, and others.

Automotive Microcontroller Market Segmentation:

By Material Type:

Tinned Steel
Nickel-Cobalt Ferrous Alloy
Copper Alloy

By Vehicle Type:

Compact Passenger Cars
Mid-sized Passenger Cars
Premium Passenger Cars
Luxury Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric vehicle

By Application:

Advanced Driver Assistance System
Parking Assist System
Brake control system
Electric Control Suspension
Airbags
Functional Safety Technology
Transmission Control
Start-Stop System
Electronic Power Steering System
Other Applications

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:

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

Automated Guided Vehicles (AGV) Market Forecast: USD 2.43 Billion by 2033, with a CAGR of 8% | FMI Reports

The Automated Guided Vehicles (AGVs) market is set for significant expansion, with an estimated valuation of approximately USD 1.13 billion in 2023, projected to increase to around USD 2.43 billion by 2033. This growth reflects a robust compound annual growth rate (CAGR) of 8% over the forecast period from 2023 to 2033.

The rise in AGV adoption across various sectors—such as logistics, food and beverage, healthcare, and manufacturing—is a key driver of this growth. AGVs are becoming integral to enhancing operational efficiency and optimizing processes within these industries.

According to Future Market Insights (FMI), Europe’s AGV market will see significant leadership from the United Kingdom, which is anticipated to grow at a CAGR of 7% during the forecast period. This presents considerable opportunities for AGV manufacturers in the region.

In the UK, the increasing demand for advanced AGVs in healthcare, aerospace, and e-commerce is propelling market growth. AGVs are being integrated into warehouses to improve operations and meet the rising demands of these industries.

Modern AGVs are adopting cutting-edge technologies, including telematics services and various navigation systems such as laser, magnetic, infrared, and optical methods. The growing use of wireless communication is enhancing the accuracy of position monitoring.

The global push towards industrialization is also fueling the demand for AGVs in sectors such as oil and gas, transportation, and construction. Additionally, advancements in AGV features, including enhanced fuel efficiency and customizable material handling options, are shaping the market.

Compared to fixed equipment, AGVs offer superior scalability. Manufacturers are increasingly favoring fleets of automated guided vehicles over stationary conveyors to minimize operational time and increase production efficiency in response to rising automation demands.

Detailed Market Study: Full Report and Analysis

Key Takeaways

In the historical period from 2018 to 2022, the market increased at a CAGR of 4.6%.
FMI forecasts good growth for automated guided vehicles in the United States, with the industry rising at a 5.7% CAGR through 2033.
Between 2023 and 2033, the market in India is projected to expand at an outstanding 8% CAGR.
According to FMI’s analysis, the United Kingdom is expected to lead Europe’s AGV market, rising at a healthy 7% CAGR during the projection period.
The market’s leading players control roughly 60% of the market

Competitive Landscape

Leading players are focusing on expanding their already extensive product offerings. Increasing expenditure in research to develop improved products is another key strategy for market players to preserve their market position.

In March 2022, Seegrid Corporation, a creator of autonomous mobility robots worked with ROBEX. This collaborative project would assist Seegrid Corporation in growing its operations while also offering Seegrid Corporation products to ROBEX customers. This could also contribute to a great demand for supply chain management automation.
ResGreen Group International, Inc. (OTC PINK: RGGI) (the “Company”), a next-generation smartphone automation and software solutions provider, announced in May 2023, the release of its bidirectional BigBuddy. It is one of the industry’s durable AGVs that uses magnetic strips to transfer masses up to 5,000 pounds.

Key Companies Profiled

JBT Corporation
Kuka AG,
Daifuku Co., Ltd.
Kion Group AG
Omron Adept Technologies, INC.
AGVE Group, Inc.
Murata Machinery
Transbotics Corporation
Oceaneering International Inc.
Seegrid Corporation

Automated Guided Vehicle Market by Category

By Technology Type:

Laser Guidance
Magnetic Guidance
Infrared Guidance
Wire Guidance
Inertial Guided
Optical Guided

By Application Type:

Transportation
Distribution
Storage

By Vehicle Type:

Unit Load Carrier
Pallet Truck
Assembly Line Vehicle
Tow Vehicle
Forklift Truck
Light Load Transporters

By End Use:

Logistics
Healthcare
Automotive
Manufacturing
Food & Beverages
Aerospace

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
The 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.

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Growth Projection: Polymer Solar Cells Market to Achieve USD 290 Million by 2027, with a CAGR of 21.5% | FMI Reports

The global polymer solar cell market is on the brink of extraordinary growth, with forecasts indicating it will reach an impressive USD 290 million by 2027, driven by a remarkable compound annual growth rate (CAGR) of 21.5%. This surge presents a transformative opportunity for industry leaders to advance sustainable energy solutions. Here’s why now is the perfect time to act:

Unprecedented Growth: Seize the chance to be at the forefront of the clean energy revolution as the market experiences unparalleled expansion. This is an ideal moment to lead in this rapidly evolving sector.

Versatile Applications: There is growing demand from Building-Integrated Photovoltaics (BIPV), with promising opportunities emerging in consumer electronics and the automotive industry. Innovate to create solutions tailored to these diverse applications.

BIPV Innovation: Building-integrated solar technology is increasingly sought after. Invest in BIPV innovations to help architects and construction professionals design energy-efficient, self-powered buildings.

Consumer Electronics: The consumer electronics sector offers substantial opportunities. Develop advanced polymer solar cells to power the next generation of electronic devices.

Automotive Sector: The automotive industry is embracing sustainable energy solutions. Focus on developing polymer solar cells that can be seamlessly integrated into electric vehicles and other cutting-edge automotive technologies.

Asia Pacific – The Growth Hub: The Asia Pacific region (excluding Japan) is a major market for polymer solar cells, driven by rising incomes and booming electronics consumption. Target this high-growth area for significant market capture.

Explosive Growth in APEJ: The Asia Pacific region is projected to reach a market value of USD 124.5 million by 2027, with a striking CAGR of 24.6%. Engage with this transformative market shift to achieve substantial growth.

The Takeaway: The polymer solar cell market is crucial for a sustainable future. By focusing on diverse applications, advancing BIPV technology, exploring consumer electronics and automotive innovations, and capitalizing on the explosive growth in Asia Pacific, industry leaders can position themselves as pioneers in a cleaner, greener tomorrow.

Detailed Market Study: Full Report and Analysis

Global Polymer Solar Cells Market: Dynamics Impacting the Global Market

The main aspects boosting the growth of the global polymer solar cells market is the development of the electronics and electrical industry, rising demand for sources of renewable energy, increasing government support and initiatives, increasing construction activities associated with green buildings along with expanding automobile and the construction industries. Various trends are discussed in the research study, which have an indirect impact on the market’s growth, to name a few, the enhancement of manufacturing techniques of polymer solar cells (which reduce costs and enhance performance), development of electronic devices, improvement in the energy payback time with respect to both finance and energy, focusing on development of new material in order to make photovoltaics as the best alternative to organic fuels, development of new plastic solar cells to minimize energy loss and increasing the life span of organic solar photovoltaic cells.

However the global polymer solar cells market is not without of challenges. High dependency on fossil fuels, high fluctuations in the prices of oil and gas, comparatively less power conversion capacity, higher dependency on hydroelectricity, low stability and strength, availability of alternatives and limited operational life of organic solar cells might pose restraint to the growth of the global polymer solar cells market.

Global Polymer Solar Cells Market: Competition Analysis

The global polymer solar cells market has included several key players involved in the manufacturing and supply of polymer solar cells. The report has profiled companies such as Heliatek GmbH, InfinityPV ApS, BELECTRIC OPV GmbH (OPVIUS GmbH), SUNEW, Solarmer Energy, Inc., Armor Group, Solvay S.A., Eight19 Ltd., SolarWindow Technologies, Inc., and Raynergy Tek Incorporation.

Regional Analysis:

By region, Asia Pacific excluding Japan (APEJ) region is anticipated to dominate the global polymer cells market with respect to high market share during the forecast period. This region is projected to grow at the highest CAGR of 24.6% throughout the period of assessment 2017-2027. The main contributor is China, which shows high potential and is the fastest growing country with a high CAGR of 25.5% during the forecast period. North America, Japan and Western Europe also poised to show significant growth in the coming years

By product type, the multi-junction segment is expected to grow at a higher pace than any other segments during the assessment period. However, the bulk heterojunction segment is estimated to show higher market share thus leading the global polymer solar cells market

By technique, the printing segment is expected to show a high market share and high growth rate than the coating segment, to reach a value a little under US$ 240 Mn and is poised to register a robust CAGR throughout the forecast period

With respect to the application category, the BIPV segment is poised to grow at the highest rate to register a CAGR of 23.3% during the assessment period. It is also anticipated to witness high market share, thus leading the global polymer solar cells market by application

Market Segmentation

Junction Type

Single Layer
Bilayer
Bulk Heterojunction
Multi-junction
Others

Application

BIPV (Building Integrated Photovoltaic)
Consumer Electronics
Automotive
Defence and Emergency
Others

Technique

Printing Technique
Coating Technique

Region

North America
Western Europe
Eastern Europe
Latin America
APEJ
Japan
MEA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Dredging Market Trends: Expected to Reach USD 20,638.92 Million by 2034, with a CAGR of 2.15% | FMI Reports

The global dredging market is projected to exceed USD 20,638.92 million by 2034, up from USD 16,684.12 million in 2024, reflecting a steady compound annual growth rate (CAGR) of 2.15% throughout the forecast period, according to Future Market Insights (FMI).

A significant driver of this growth is the One Belt One Road Initiative (OBOR), a major infrastructure project spanning multiple continents. This initiative is creating substantial opportunities for dredging companies, particularly in the development of ports, harbors, and associated infrastructure. As the market capitalizes on these opportunities, it is expected to experience considerable expansion and transformation.

The dredging industry is also set to benefit from increased demand for Gulf Coast restoration projects. Companies are enhancing their operations with advanced dredger monitoring systems and upgraded equipment to boost efficiency and performance.

Additionally, rising government investments in dredging projects across both emerging and developed economies are anticipated to further propel market growth. Governments are focusing on the timely and cost-effective dredging of harbors, channels, and waterways to achieve goals related to environmental preservation, restoration, and improvement.

Detailed Market Study: Full Report and Analysis

Key Insights:

In terms of customer segmentation, the government sector is anticipated to maintain a substantial market share of 43.6% in 2022, underlining its pivotal role in driving industry demand.
Regarding application, the energy infrastructure segment is poised for a year-on-year growth of 4.6% in 2024, reflecting the sector’s resilience and potential.
Projections for the U.S. dredging market indicate a steady 2% Compound Annual Growth Rate (CAGR) from 2024 to 2034, reaffirming the country’s significant role in the industry.
Notably, Japan is poised to emerge as a lucrative market, with an estimated sales growth of 5.7% CAGR through 2034, showcasing its increasing importance on the global stage.
China’s prominence remains evident, with its market projected to account for a considerable 25% share of the East Asia dredging market in 2022, underlining its strong regional influence.
Steering toward the future, East Asia is expected to capture a commanding share of 32.9% in the global dredging market by 2034, reinforcing its status as a key player.
These insights collectively paint a picture of a dynamic and evolving dredging industry, where technological advancements, government involvement, and regional dynamics will play instrumental roles in shaping its trajectory over the foreseeable future.

Competitive Landscape:

The competitive landscape of the worldwide dredging market exhibits substantial consolidation across Tier I, Tier II, and Tier III entities. Preeminent participants within the market command a noteworthy 50 to 55% collective share in terms of market value.

Key Players

HYUNDAI E&C
Royal IHC
Dredging, Environmental and Marine Engineering NV (DEME)
Great Lakes Dredge & Dock Company, LLC
TOA Corporation
Penta-Ocean Construction Co., Ltd.
National Marine Dredging Company
Amrut Dredging and Shipping Ltd.
CALLAN MARINE, LTD.
CASHMAN DREDGING, INC.
China Communications Construction Company Limited
COTTRELL CONTRACTING CORPORATION
Dredge America
Dredging Africa (Pty) Ltd

Prominent contenders in this industry sphere encompass:

China Communications Construction Company Limited: Renowned for its strategic prowess, it stands as a key driver of market innovation and progress.
Royal Boskalis Westminster N.V.: A stalwart in maritime solutions, its presence contributes significantly to shaping industry benchmarks.
Dredging, Environmental and Marine Engineering NV (DEME): A vanguard in sustainable practices, it plays a pivotal role in environmentally conscious dredging efforts.
Van Oord: Globally recognized for its expertise, it continually raises the bar with its cutting-edge approaches.
Great Lakes Dredge & Dock Corporation: A foremost force in the field, it is instrumental in major projects that redefine maritime landscapes.
Royal IHC: A distinguished name synonymous with innovation, it consistently delivers state-of-the-art solutions.
National Marine Dredging Company: With a strategic approach, it holds a significant position in driving industry advancements.

Key Segments Covered in Dredging Market Analysis:

Customer Type:

Government
O&G Companies
Mining Companies
Renewables
Others

Application:

Trade Activity
Trade Maintenance
Energy Infrastructure
Urban Development
Coastal Protection
Leisure

Region:

North America
Latin America
Europe
East Asia
South Asia and the Pacific
Middle East & 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.

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Process Automation and Instrumentation Market Forecast: USD 1.72 Billion by 2033, with a CAGR of 5.5% | FMI Reports

According to a report by Future Market Insights (FMI), the process automation and instrumentation market is anticipated to grow at a consistent compound annual growth rate (CAGR) of 5.5% from 2023 to 2033. The market is expected to reach USD 1.72 billion by 2033, up from an estimated USD 1.06 billion in 2023.

Key Drivers and Benefits of the Process Automation and Instrumentation Industry:

Corporate Expansion and Continuous Operations: The demand for operational efficiency and ongoing analysis is fueling market growth. Process automation facilitates round-the-clock operations, enhancing accuracy and productivity.
Increased Productivity: Automation, through both attended and unattended bots, boosts productivity by reducing dependence on paper-based processes. This streamlining of repetitive tasks leads to smoother automation and more efficient operations.
Cost Savings and Error Reduction: By lowering operational costs and minimizing errors, automation contributes to significant cost savings for companies. Improved data management and accuracy further drive the adoption of process automation tools.
Technological Integration: The integration of process automation with emerging technologies such as artificial intelligence and machine learning is broadening the market’s scope. This advancement serves a diverse range of end-users and applications.
Improved Information Flow and Employee Satisfaction: Automation enhances information flow, improves employee satisfaction and retention, and strengthens customer integration. It also reduces labor costs and boosts workplace safety while maintaining consistent productivity.

Detailed Market Study: Full Report and Analysis

Key Points from the Process Automation and Instrumentation Market Report:

The United States market leads the North American process automation and instrumentation market in terms of market share in North America. The United States held a market share of 5% in 2022. The factors attributed to the growth are the restoration of corporate infrastructure, new software, and hacks for enhanced productivity in the spaces.
The German process automation and instrumentation market held a healthy market share of 3% in 2022: higher economic activities, product trades, adoption of process automation, and better scalability cause market growth.
The Indian market thrives at a steady CAGR of 8% between 2023 and 2033. The growth is attributed to higher outsourcing businesses, new businesses, and enhanced innovations.
China thrives at a CAGR of 3% between 2023 and 2033.
Based on operation type, the semi-automatic segment held the leading market share of 6% in 2022. Higher consumption, affordable pricing, and increased adoption are rising the segment’s strength.
Based on end use, the automotive segment leads as it held a market share of 5% in 2022.

Competitive Landscape in Process Automation and Instrumentation Market:

The key suppliers focus on better integration of smart technologies, custom design, and better programing. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments:

Rockwell Automation Inc. has introduced the instrumentation network services. It includes the FOUNDATION Fieldbus and HART communication protocol.
General Electric Company has launched the life extensions/replacements and lifecycle services.
Yokogawa Electric Corporation has introduced digital transformation, IA2IA, and smart manufacturing. The programs are integrated with AR/VR, the Internet of Things, and Artificial Intelligence.

Key Players Profiled in the Process Automation and Instrumentation Market:

ABB Limited
Emerson Electric Company
Mitsubishi Electric Company
Rockwell Automation Inc.
Siemens AG
Schneider Electric SE
Yokogawa Electric Corporation
Honeywell International Inc.
Pepper Fuchs GmbH.
General Electric Company
Hitachi Ltd
Delta Electronics
Fuji Electric
Koyo Electronics Industries Co., Ltd.
Yokogawa Electric Corporation

Market Key Segmentations:

By Instrument Type:

Transmitters
Flow meters
Analyzers
Controllers
Switches
Recorders
Switches
Vacuum Instruments

By Solution:

PLC
SCADA
DCS
HMI
APC
MES
Safety Automation

By End Use:

Chemical
Metal & Mining
Food & Beverage
Oil & Gas
Pharmaceutical
Pulp & Paper
Wastewater Treatment
Automotive
Others

By Operation Type:

Automatic
Semi-Automatic
Others

By Regions Covered:

North America
- United States
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- Germany
- United Kingdom
- France
- Spain
- Russia
- Rest of Europe
Japan
Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- Middle East and Africa (MEA)

About Future Market Insights (FMI)

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

Contact Us:

Refrigerators Market: Unveiling 6.5% CAGR Growth, Trends, and Projections for 2023-2033

The global refrigerators market is undergoing a significant transformation, driven by evolving consumer preferences, technological advancements, and shifting economic landscapes. As we look towards the future, the market is set to experience robust growth, the refrigerators market is anticipated to expand to a valuation of US$ 89.06 billion in 2023 and is predicted to exhibit a CAGR of 6.5% from 2023 to 2033 and reach US$ 167.17 billion in 2033.This growth reflects not only an increase in demand but also a response to new trends and challenges, including the impact of the COVID-19 pandemic.

Refrigerators Market Overview

The refrigerators market encompasses a wide range of cooling appliances designed to preserve food and beverages. This sector has seen continuous innovation, from basic models to high-tech smart refrigerators equipped with advanced features like touch screens, internet connectivity, and energy-efficient technologies. As of 2023, the market is valued at approximately $X billion, and is expected to reach $X billion by 2033, underscoring its pivotal role in modern households and commercial settings.

Trends in the Refrigerators Market

Several key trends are shaping the refrigerators market:

Smart Technology Integration: One of the most notable trends is the integration of smart technology. Modern refrigerators now come with Wi-Fi connectivity, allowing users to control and monitor their appliances remotely. Features like voice control, touch screens, and artificial intelligence (AI) enhance convenience and energy efficiency.
Energy Efficiency: With growing environmental concerns and rising energy costs, there is a strong emphasis on energy-efficient appliances. Refrigerators with higher energy star ratings are becoming increasingly popular as consumers seek to reduce their carbon footprint and lower utility bills.
Customization and Design: Consumers are looking for refrigerators that not only perform well but also complement their kitchen aesthetics. Manufacturers are offering customizable options and a variety of designs to meet diverse tastes and preferences.
Health and Wellness Focus: The focus on health and wellness is influencing refrigerator designs. Features such as advanced filtration systems, humidity control, and separate compartments for different types of food are becoming standard to help maintain food freshness and nutritional value.
Rising Demand in Emerging Markets: Emerging markets, particularly in Asia-Pacific and Latin America, are witnessing increased demand for refrigerators. Growing urbanization, rising disposable incomes, and improving living standards are driving this demand.

Click here to view Full Report: https://www.futuremarketinsights.com/reports/refrigerators-market

Impact of COVID-19

The COVID-19 pandemic has had a profound impact on the global refrigerators market. Initially, the market experienced disruptions in supply chains, affecting production and distribution. Lockdowns and restrictions led to a temporary dip in sales as consumers prioritized essential goods over appliances.

However, the pandemic also accelerated certain trends. With more people spending time at home, there was a surge in demand for home appliances, including refrigerators. The focus on health and hygiene led to increased interest in refrigerators with advanced filtration and antimicrobial features.

Moreover, the pandemic highlighted the importance of home cooking and food preservation, further driving demand for high-quality refrigerators. As the world adapts to the new normal, the market is rebounding strongly, with manufacturers innovating to meet the evolving needs of consumers.

Key players in the market include Samsung,

Haier
Electrolux
Sharp
Whirlpool
LG
Godrej
Intex
Voltas
Pansonic
Toshiba
TCL
Hitachi
BSH
Midea
Hisense
Arcelik
Xinfei
Daikin and Meiling.

Regions and Countries Analyzed in the Report

North America (the USA, Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, the United Kingdom., France, Italy, Spain, Poland, Russia, Rest of Europe)
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)

Author:

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:  

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