Market Research Blog – Page 13299 – New Product Development

Mucus Clearance Devices Market Expanding at a healthy 6.1% CAGR, the market size is projected to total US$ 847.0 Million by 2028.

[191 Pages Report] According to a recent market research study of Future Market Insights (FMI), more than 5 million units of mucus clearance devices were sold in 2021. The sales will reportedly increase by a robust 7.7% in 2022, as per the Y-o-Y growth calculated in the report. A majority of the demand for mucus clearance devices is accounted by home care settings, followed by hospitals.

HFCWO & OPEP Mucus Clearance Devices Selling ProminentlyConsistently increasing prevalence of cystic fibrosis and COPD (chronic obstructive pulmonary disease) is a key factor responsible for the robust growth of the mucus clearance devices market. As per FMI’s analysis, cystic fibrosis generates the largest patient pool raising the demand for mucus clearance devices, accounting for almost half of the total sales. COPD also accounts for a significant volume share that roughly equates just-under a third of the mucus clearance devices market volume.

The demand for HFCWO (high-frequency chest wall oscillation) devices, which is more prominent in home care settings and hospitals, currently accounts for more than 1/3^rd of the total market volume. The report also highlights a notable share of the sales accounted by OPEP (oscillating positive expiratory pressure) devices, i.e. over 1/4^th of the total sales.

On other hand, stringent regulatory guideline by FDA for the approval of medical devices is likely to act as roadblock for the mucus clearance devices market. In addition, lack of awareness about the symptoms of cystic fibrosis and COPD in developing economies is another factor that is likely to hamper the growth of the mucus clearance devices market. Furthermore, the treatment rate for respiratory disorders is much lesser in low- and middle-income countries, which is also hampering the growth of the mucus clearance devices market.

North America is the most prominent region in the global mucus clearance devices market, with over 2/5^th of the total market volume. North America’s market for mucus clearance devices is followed by Europe and East Asia, and the report points to attractive opportunities residing in India, Brazil, and South Africa.

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Key Players in Mucus Clearance Devices Market Focusing on Online Distribution ChannelsLeading distributers and suppliers operating in the global mucus clearance devices market are eyeing opportunities in the E-commerce sector. Online introduction and sales of innovative mucus clearance devices is being practiced by several companies to minimize costs associated with supply, distribution, and operation. Online availability also tends to attract a wider consumer base as it enables products comparison, according to research.

The rising focus of the leading medical device manufactures to launch novel mucus clearance devices such as SmartVest is expected to lead to the robust growth of the mucus clearance devices market. Smart mucus clearance devices that are being developed on a similar line of SmartVest have the smartphone-connectivity feature that allows doctors and respective hospitals to have ready access to real-time data, which can be further provided to telemedicine service providers. According to the report, such advanced technology enabled innovations will play a crucial role in boosting demand for mucus clearance devices in the near future.

Hill-Rom Inc., the global leader in mucus clearance devices landscape, currently represents an approximate 35% share in the market revenue. The report also profiles several other prominent players competing in the mucus clearance devices market, which include Allergan plc, Koninklijke Philips N.V., Respiratory Technologies, Inc., Smiths Medical, Electromed, Inc., Monaghan Medical Corporation, Dr. Burton Healthcare LLC, Actegy Limited, Westmed, Inc., International Biophysics Corporation, Thayer Medical, R. Cegla GmbH & Co. KG, Medical Acoustics LLC, VORTRAN Medical, and PARI Medical Holding GmbH.

The report has tracked mucus clearance devices market for a decade-old period of projection, 2022-2028.

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Mucus Clearance Devices Market by CategoryCycle Type:

HFCWO Devices
OPEP Devices
MCA Devices
IPV Devices
PEP Devices

Indication:

Cystic Fibrosis
COPD
Bronchiectasis
Others

End User:

Direct/Patient
Hospitals
Fertility Clinics & IVF Centers

Region:

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

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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, U.S. and India. FMI’s latest market research reports and industry 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.

Contact:
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1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
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Lung Cancer Surgery Market is expected to reach US$ 1.98 Billion by 2029

[252 Pages Report] Over 2 million new cases of lung cancer were registered globally by the end of 2021, as reported by the American Cancer Society, Inc. The global lung cancer surgery landscape currently represents a US$ 1 Bn market and will expand at a strong CAGR during the period of projection, 2022 – 2029. A new Future Market Insights (FMI) report states that the use of techniques that are minimally invasive, video assisted, and robot assisted is growing, which is shaping the future of lung cancer surgery market.

Robotic thoracic surgery would remain highly preferred over traditional surgical techniques, as it offers higher magnification, more precision, and eliminate the need for large-incision operations. Development of new surgical robots may cut down the cost of devices and increase shift towards robotic lung cancer surgery. Introduction of new imaging techniques for enhancing visualization, angled lenses for enhanced accessibility, and end staplers will continue to enhance the video-assisted lung cancer surgery procedure.

Intuitive Surgical is the sole player in robotic lung cancer surgery market with its DaVinci system. Medtronic and Johnson & Johnson are developing surgical robots and are challenging the monopoly of Intuitive Surgical in lung cancer surgery market.

Key Takeaways – Lung Cancer Surgery Market Study

Introduction of powered and tissue-specific endoscopic stapling technology provides significant benefits to reduce cost, resource usage, improve clinical outcome compared to manual staplers.
- In September 2022, Johnson & Johnson launched ECHELON CIRCULAR™ Powered Stapler for thoracic, colorectal, and gastric surgery.
- In March 2016, Intuitive Surgical Inc. got U.S. FDA approval for its da Vinci Xi Endowrist Stapler 30 (30 mm) instruments and reloads.
Key market players are focusing on the development of new robot-assisted thoracic surgery system. Partnerships & collaborations with best in class surgical device and visualization technology developers are the strategic focus of manufacturers. For instance,
- Medtronic partnered with Karl Stroz, a best in class endoscopic imaging devices manufacturer. In June 2022, Medtronic announced its upcoming robotic-assisted surgical platform including three-dimensional vision systems from Karl Stroz.
East Asia is expected to be the prominent region in the lung cancer surgery market during the forecast year. This is attributed to high prevalence of lung cancer in China & Japan increasing the demand for lung cancer surgery. According to the International Agency for Research on Cancer, from overall cancer patients in China and Japan, around 18.1% and 16.8% patients respectively were having lung cancer.

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Development in robotic thoracic surgery platforms and innovation in tissue-specific endoscopic stapling and vessel sealing techniques to reduce endoleak complications will further broaden the growth prospects of the lung cancer surgery market.

Product Portfolio Expansion to Increase Global FootprintManufacturers are adopting product portfolio expansion strategy to increase their footprint in the global lung cancer surgery market. Market players such as Pentax Medical, Olympus, Johnson & Johnson, Intuitive Surgical Inc. are continuously focusing on new product launches and regulatory approvals. For instance,

In July 2016, PENTAX Medical launched new DEFINA high-definition pulmonology endoscopy system for crystal clear imaging during surgical procedures.
In April 2018, Intuitive Surgical Inc. received U.S. FDA clearance for da Vinci Vessel Sealer Extend single-use, the fully wristed bipolar electrosurgical instrument for lung cancer surgery procedures such lobectomy, segmentectomy, and wedge resection.

Lung Cancer Surgery Market by CategoryBy Product:

Thoracoscopes
Mediastinoscopes
Bronchoscopes
Robotic-Assisted Thoracic Surgery Systems
Surgical Staplers
Surgical Energy Instruments
- Advanced Energy Instruments
  - Advanced Bipolar Instruments
  - Ultrasonic Instruments
- Basic Energy Instruments
  - Bipolar Instruments
  - Monopolar Instruments

By Application:

Lobectomy
Segmentectomy
Wedge Resection
Pneumonectomy

By End-User:

Hospitals
Ambulatory Surgical Centers

By Region:

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

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Pressure Infusion Bags Market is expected to reach US$ 494.5 Million by 2029

[317 Pages Report] A new market research report by Future Market Insights on the pressure infusion bags market includes global industry analysis 2014 – 2021 and opportunity assessment 2022 – 2029. The report investigates the pressure infusion bags market and provides critical insights for the forecast period of 2022 -2029.

As per the findings of the report, the global pressure infusion bags market is projected to experience significant growth over the forecast period due to multiple driving factors such as increasing emergency and transfusion cases and development of healthcare infrastructure across geographies.

The global pressure infusion bags market was valued at ~US$ 300 Mn in 2021, and is expected to increase at a CAGR of ~6.5% during the forecast period of 2022-2029. This growth is majorly driven by the increasing use of pressure infusion bags for rapid infusion of blood and drugs, in order to protect the end organ damage during traumatic conditions.

The overall progress of the healthcare sector and infrastructure in MEA and Asia-Pacific are likely to unfold lucrative opportunities for market players operating in the pressure infusion bags market. In addition, manufacturers are expected to primarily focus on developing cost-effective and user-friendly bags in the coming years.

South Asia Continues to Hold Lucrative Opportunities

Regions such as North America and East Asia are expected to hold prominent market shares in terms of value. However, the South Asia market is expected to project lucrative growth in the global pressure infusion bags market over the forecast period of 2022-2029.

This growth is propelled by the rapid growth and development of healthcare infrastructure, especially trauma care units, intensive care units and ambulatory surgical centers in countries of South Asia that include India and ASEAN countries. The economic condition of these countries have been developing positively, thereby creating newer growth opportunities for the market players.

Macroeconomic factors such as growing population, increasing immunosuppressed patient population, and increase in the number of players along with strong distribution network and rapid development in the healthcare infrastructure have attracted the attention of manufactures to establish a firm collaboration with local distributors in South Asia.

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Hospitals and Outpatient Facilities Remain Key End Users for Pressure Infusion Bags

The global market of pressure infusion bags has been segmented on the basis of different types of pressure infusion bags products, their multiple applications, their volume capacity, their material, their targeted indications and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

By type, the disposable type of pressure infusion bags segment is expected to hold prominent value shares of the global pressure infusion bags market. This has majorly resulted to avoid and minimizing chances of cross contamination during fluid infusion and ensures the patient safety
On the basis of application, the blood and drug infusion segment is expected to consume majority share of the global pressure infusion bags market value. Invasive Pressure monitoring procedures is the second application which account the remaining market share.

Pressure Infusion Bags Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global pressure infusion bags market. Some of the examples of key players in the global pressure infusion bags market are VBM Medizintechnik GmbH, ERKA, Smiths Medical (Smiths Group plc.), Friedrich Bosch GmbH & Co. KG, Biegler GmbH, SARSTEDT AG & Co. KG. Vyaire Medical Inc., Spengler SAS, Armstrong Medical, SunMed and Statcorp Medical

Pressure Infusion Bags Market by CategoryBy Product:

Reusable Pressure Infusion Bags
Disposable Pressure Infusion Bags

By Material:

Nylon
Polyurethane
Latex
Others

By Capacity:

500cc
1000cc
3000cc
Above 3000cc

By Application:

Blood & Drug Infusion
Invasive Pressure Monitoring Procedure

By Indications:

Trauma-Induced Haemorrhage
Obstetric Haemorrhage
Coagulopathy during cardiopulmonary bypass

By End User:

Hospitals
Out-patient facilities
Clinics
Long-term care centers

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By Region:

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

Egg Replacement Ingredient Market 2022 Growth Drivers, Regional Outlook, Competitive Strategies and Forecast up to 2026

Future Market Insights (FMI) delivers key insights into the global egg replacement ingredient market in its report, titled “Egg Replacement Ingredient Market: Global Industry Analysis and Opportunity Assessment, 2019-2026”. In terms of value, the global egg replacement ingredient market is expected to expand at a CAGR of 5.8% during the forecast period due to various factors, which FMI offers vital insights into in detail.

Increasing Awareness about Preventive Healthcare to Boost Growth

According to Future Market Insights analysis, the rising prices of eggs and increasing consumer awareness towards preventative healthcare are expected to boost the growth of the global egg replacement ingredient market during the forecast period. Consumers prefer products comprising plant based natural ingredients due to various health issues. This is fuelling the demand for egg replacement ingredients in the global market. Moreover, egg shortage crisis due to avian influenza coupled with a complicated egg handling and production process is further expected to drive the market demand in the near future. High profitability margins, ease of resource availability,rising economic opportunity in developing nations and food manufacturers’ concentration towards offering clean label products are factors encouraging new players to venture into the global egg replacement ingredient market. Established players in the global egg replacement ingredient market are focusing on product innovation and new product launches, which is creating robust competition in the global market.

“Increased cost of the final product and the fact that egg replacement ingredients do not offer the same taste effect as eggs is likely to restrict the growth of the global egg replacement ingredient market over the forecast period.” – Analyst – Food & Beverages, Future Market Insights

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Key Market Segments

The global egg replacement ingredient market is segmented on the basis of Ingredient (Milk Protein Formulation, Algal Flour, Proteins, Starch, Soy Products (Lecithin, Tofu & Tahini), Others (Fruit Purees & Vinegar)); Application (Chocolates, Biscuits & Cookies, Cakes/Pastries/Muffins/Breads, Mayonnaise, Noodles & Pasta); End Use (Commercial (Large Scale Food Manufacturers, Small Scale Food Manufacturers), Household); and Form (Liquid, Powder).

The milk protein formulation ingredient segment is estimated to be valued at US$ 331.5 Mn by the end of 2019.
The mayonnaise application segment is expected to register a CAGR of 5.6% over the forecast period. The Cakes/Pastries/Muffins/Breads application segment is estimated to be valued at US$ 279.3 Mn by the end of 2019.
The commercial end use segment is anticipated to register a CAGR of 6.2% over the forecast period to reach a market valuation of US$ 1,270.8 Mn by the end of 2026.
The powder form segment is estimated to account for a value share of 77.8% of the global egg replacement ingredient market by the end of 2019

Growth Forecasts on Regional Markets

The global egg replacement ingredient market is segmented into the four key regions of North America, Latin America, Europe, Middle East & Africa (EMEA), and Asia Pacific (APAC). The North America egg replacement ingredient market is estimated to be valued at US$ 501.2 Mn by the end of 2019. The market in this region is expected to gain significant market share of the global egg replacement ingredient market by 2026 end. Increasing demand for vegan products in Asia Pacific is expected to drive growth of the market in the region over the forecast period.

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Competitive Landscape

The global egg replacement ingredient market report profiles some of the leading players dominating the global egg replacement ingredient market. Companies featured in the report are Corbion NV, Glanbia Plc, Tate & Lyle Plc, Ingredion Incorporated, Ener-G Foods, Inc., Natural Products, Inc., Orchard Valley Foods Limited, Puratos Group, TerraVia Holdings, Inc., and Archer Daniels Midland Company. These companies dominating the global egg replacement ingredient market are focussed on introducing new products to cater to the rising demand from specific industries such as the bakery industry. Companies are also offering natural and healthy ingredients that are Kosher certified, GMO free, and gluten free.

Processed Superfruits Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2026

Future Market Insights delivers key insights on the global processed superfruits market in a new publication titled, “Processed Superfruits Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. In terms of value, the global processed superfruits market is projected to register a healthy CAGR of 5.9% during the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth of the global processed superfruits market.

According to Future Market Insights analysts, significant demand for superfruits based antioxidants is expected to drive the growth of the global processed superfruits market during the forecast period. An increasing demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is further likely to boost overall growth of the global processed superfruits market. The global processed superfruits market is also driven by several other factors such as increasing demand for antioxidants, rising income levels in emerging economies, substantial demand for multi-use food ingredients in the food and beverage industry, and increased awareness of the nutritional attributes of superfruits. The multiple uses of superfruits as natural food colouring, natural food flavouring, and other purposes besides dietary food and functional ingredients is another key driver for the global processed superfruits market growth.

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However, high costs associated with the production, processing, and preservation of processed superfruits and a lack of consistency in terms of superfruits flavour is likely to pose challenges and restrict the growth of the global processed superfruits market over the forecast period.

“Consumers are increasingly inclined towards natural food products due to various health issues associated with artificial additives and ingredients in food processing. This preference for natural food products globally is expected to fuel the demand for processed superfruits in the food and beverages industry.” – Analyst – Food & Beverages, Future Market Insights

Key Segment

By Fruit Type

Apple
Grape
Acai
Pomegranate
Blueberry
Cranberry
Raspberry

By Food Sub-Segment

Functional Food
Dairy Products
Bakery and Confectionery
Other Food Products

Regional market projections

The global processed superfruits market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. The Latin America and APEJ processed superfruits markets are expected to register high growth rates between 2016 and 2026 in terms of value. In terms of volume, the North America market is expected to reach 4,943,563 tons by the end of 2026, registering a volume CAGR of 4.7% during the forecast period. Latin America is anticipated to represent absolute $ opportunity of US$ 224.5 Mn in 2016 over 2015. The APEJ processed superfruits market accounted for US$ 6,475.1 Mn in 2015 and is expected to increase to US$ 6,809.5 Mn by the end of 2016, reflecting a growth rate of 5.2%. The Japan region is anticipated to reach 867,546 tons in terms of volume by the end of 2026, witnessing a volume CAGR of 4.4% during the forecast period.

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Vendor insights

The global processed superfruits market report profiles some of the leading players operating in the global processed superfruits market. Companies featured in the report are Symrise AG, SunOpta Inc., Kerry Group plc, Agrana Beteiligungs-AG, Del Monte Pacific Limited, Ocean Spray Cranberry Inc., PepsiCo, Inc., Dabur India Ltd., Uren Food Group Limited, and Frutarom Industries Ltd. Top companies dominating the global processed superfruits market are focussing on diversifying their product portfolio and expanding their businesses in emerging markets through strategic mergers and acquisitions.

About 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, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry 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.

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Website: https://www.futuremarketinsights.com

APAC Heart Health Functional Food Market 2022 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2032

Newly released data from the Heart Health Functional Food Market analysis by Future Market Insights shows that global demand of the overall Heart Health Functional Food Market enjoyed year-on-year (YoY) growth of 6.8% in 2021. This market now holds a massive market value of USD 477.6 Mn in monetary terms in 2022.

A recent survey by Future Market Insights (FMI) reveals that consumers are increasingly turning to food products that are responsible for promoting sleep, improving mood, boosting energy levels, maintaining heart health, and aiding in weight management.

The growing demand for food with added benefits, especially for heart health functional food, has created a high potential for manufacturers of heart health food in the Asia-Pacific market. Companies are launching new omega-3-based ingredients as well as products that target the heart health functional food market.

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In the past five years, consumers have become more attentive towards maintaining their health and are showing preference for heart health functional food products. In 2018, the consumption of heart health functional foods in Thailand witnessed tremendous growth, with an average increase of 7-15% in comparison to that in the past five years. This was majorly the result of regulations on health claim and clean labeling.

Plant sterol and soy protein would remain among the highly favored ingredients in heart health functional market in APAC, attributing to high consumer preference for vegetarian products. While the former is derived from fruits, vegetables, seeds, and grains, the latter is gaining traction owing to its affordability and accessibility to manufacturers.

Know More About Heart Health Functional Food Market Study

Future Market Insights, in its new offering, offers an unbiased analysis of the global heart health functional food market, presenting historical demand data (2014 – 2018), and forecast statistics for the period, 2019 – 2026. The study divulges compelling insights on the heart health functional food market based on type; the market is segmented into breakfast cereals, dairy products, nutritional bars, edible oils, and others (eggs & wine). Growth of the heart health functional food market is driven by a rising inclination towards natural ingredient-based specific functional food products as well as heart health drink fusions in the dairy products segment. Based on distribution channels, the heart health functional food market is segmented into supermarkets, hypermarkets, departmental stores, and grocer/retailers.

Heart Health Functional Food Market: Segmentation

By Type:

Breakfast Cereals
Dairy Products
Edible Oils
Nutritional Bars
Others (Eggs & Wine)

By Distribution Channel:

Hypermarkets
Supermarkets
Departmental Stores
Grocery/ Retailers

By Country:

India
China
Japan
Singapore
Indonesia
Thailand
Malaysia

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Key Questions Answered in the Report

How much is the Heart Health Functional Food Market current worth?

Currently Heart Health Functional Food Market is worth more than US$ 477.6 Mn.

At what CAGR is the market expected to grow?

Heart Health Functional Food consumption is expected to grow at a CAGR of around 6.8% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, Heart Health Functional Food Market grew at a CAGR of around 6.1% during 2017-2021.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, new product developments, and production capacity expansion.

How many shares do the top 5 companies hold?

The top 5 producers of the Heart Health Functional Food Market hold around 33% of the market share.

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Maltodextrin Market 2022 Global Development Countries Trends, Size, Industry Reviews with Leading Players 2031

Newly released report on global maltodextrin market by Future Market Insights (FMI) estimates that the maltodextrin market will register year-on-year (YoY) growth of 4.8% to reach US$ 3.61 Bn in 2021. The market has been projected to expand at a CAGR of 5.0% to reach the value of US$ 5.87 Bn in 2031

Maltodextrin sales in the food and beverage industry will grow by 3.5% in 2021. The The increasing demand from downstream products such as milk powder, ice cream, and other instant drinks will fuel maltodextrin consumption.

The maltodextrin market has been recording a moderate growth rate and is likely to upkeep its pace during the forecast period. Among the other market trends that our analysts have found, an increasing number of applications of maltodextrin is anticipated to drive the growth. Besides the use of maltodextrin in food and beverages for improving the texture, it has been finding its use in baby food as well.

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Since there is a growth in dual working households, it is expected that demand for nutrition-rich infant food and meals is going to proportionately increase during the forecast period. In addition, maltodextrin has also been used for sports nutrition. As maltodextrin is a fast-digesting carbohydrate, it is finding its use in sports drinks and snacks for sportsperson.

Other than sports, cosmetic, chemicals, and pharmaceuticals are some other end-use areas, creating a demand for maltodextrin. Several studies have found that maltodextrin can be used as a regular panacea for the treatment of hypoglycemia. In such a condition, maltodextrin has a property to quickly raise the blood sugar level.

The increasing demand for GMO-free starches in baby food and infant formula due to consumers’ inclination towards organic and natural food for their kids is creating growth opportunities for the market. Major players in the U.S. baby and infant formula market such Abbott, Nestlé, and Mead Johnson Nutrition were repeatedly petitioned to remove GMO ingredients from their respective baby food products. This showcases the growing demand of maltodextrin in baby food product as it is considered to be a good source of energy for baby. It also helps in balance intestinal osmolarity which may get altered by intestinal disorders in infants. Therefore this factor is anticipated to drive the maltodextrin market over the forecast period.

“Over the past few years an increasing number of consumers are steadily looking for food with healthier, trustworthy, and plant-based ingredients. This has made manufacturers shift towards the natural ingredients to cater to the growing demand. Impelled by the scenario, key players are focusing on research and development to find another natural source for maltodextrin.” says an FMI analyst.

Who is winning?

Some of the key players operating in the maltodextrin market ADM, Kraft, Luzhou, Matsutani, Mengzhou Jinyumi, Nowamyl, Ingredion Incorporated, Qinhuangdao Lihuang, Roquette Freres SA, Tate & Lyle Plc, Tereos Syral, Archer Daniels Midland Company, WGC, Xiwang, Zhuchen Runsheng, Zhucheng Dongxiao, Zhucheng Dongxiao Biotechnology Co., Ltd., Zhucheng Xingmao, Grain Processing Corporation, Gulshan Polyols Ltd., and Henan Feitian.

Market Segments Covered in Maltodextrin Market Analysis

By Source:

Corn-Based
Wheat-Based
Potato-Based
Cassava-Based
Others (Rice, Banana)

By Form:

Spray-Dried Powder
“Instantized” / Agglomerated**

By Application:

Food and Beverages
Cosmetics and Personal Care
Pharmaceuticals
Daily and Fine Chemicals
Others

Region:

North America
Latin America
Europe
Asia Pacific
MY

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Key Questions Answered in the Report

How much is the maltodextrin market worth?

Currently maltodextrin market is worth more than US$ 3.61 Bn.

At what CAGR is the maltodextrin market expected to grow?

The maltodextrin market is expected to grow at a CAGR of around 5.0% during the period 2021-2031.

How did the maltodextrin market perform in the last five years?

In terms of revenue, maltodextrin market grew at a CAGR of around 3.6% during 2016-2020

What are the key trends boosting maltodextrin sales?

An increase in private label brands, steady increase in demand for maltodextrin in sports and infant nutrition industry, and rising demand for the maltodextrin by beverage industry are the latest trends observed in the market.

How much do top ten maltodextrin market players contribute towards sales?

The top 10 producers of maltodextrin hold around 30-50% of the market share.

Which are the major countries driving demand for maltodextrin?

The U.S., EU-5, Brazil, India and China are the major countries driving demand for maltodextrin.

At what rate will the U.S. maltodextrin market grow?

The U.S. maltodextrin market is projected to grow at a CAGR of around 4.3% over the next ten years.

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APAC Savoury Ingredients Market Insights Report 2022 with COVID-19 Pandemic Analysis & Future Growth Analysis by 2026

The APAC savoury ingredients market is projected to register a healthy CAGR of 5.8% during a 10-year period 2016–2026. In a new report titled “Savoury Ingredients Market: APAC Industry Analysis and Opportunity Assessment 2016-2026”, Future Market Insights analyses the market for savoury ingredients in major countries in the APAC region and offers key insights on the factors and trends influencing the market.

The APAC region provides immense growth opportunities for companies operating in the savoury ingredients space. The primary reason for this is a growing demand for instant food such as noodles and savoury snacks in these markets, and this demand is supported by a substantial increase in the disposable income of people. Sales of savoury ingredients in these countries already accounts for a substantial revenue share of the APAC savoury ingredients market and revenue from these markets is expected to continue to increase significantly over the forecast period.

There is an increasing adoption of savoury flavours in the APAC countries and the region also demonstrates a growing preference and demand for hydrolysed protein-based meat products. There is also a growing inclination towards convenience food and an awareness of the usage of yeast extracts in lieu of salt, which provide the same taste while ensuring a reduced dietary sodium content at the same time. All these factors have contributed to the growth of the APAC savoury ingredients market. However, stringent government regulations on the use of monosodium glutamate (MSG) may hamper the growth of the APAC savoury ingredients market.

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Companies in the APAC region are showing a growing preference towards natural savoury flavours and ingredients over artificial flavours. Several companies are also adopting yeast extract in food, which imparts a salty and savoury flavour and reduces bitterness.

Leading players in the APAC savoury ingredients market include Angel Yeast Co. Ltd., AB Mauri Food Inc., Ajinomoto Co. Inc., FOODCHEM International Corporation, The Fufeng Group, Halcyon Proteins, Sensient Technologies Corporation, Royal DSM, Lesaffre (Biospringer), and ABF Ingredients (Ohly).

Key Segments

By Type

Yeast Extract
Monosodium Glutamate
Hydrolysed Vegetable Protein
Hydrolysed Animal Protein
Nucleotides and Others

By Form

Liquid
Powder
Paste

By Application

Food
- Dips and Soups
- Instant Noodles & Sauces
- Meat & Seafood
- Bakery Products & Savoury Snacks
Pet Food
Others

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Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Asia Pacific Functional Food Ingredients Market Size 2022 COVID-19 Impact on Revenue of Best Industry Players 2032

The APAC functional food ingredients market is estimated to be valued at USD 4,138.7 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 8,141.5 Mn by 2032, rising at a CAGR of 7% for 2022-32.

Functional food ingredients have special abilities to add extra benefits to any food product, in the form of disease prevention or health promotion and are intended to provide benefits in terms of physiological effects and mitigate the risk of chronic diseases in addition to basic nutritional functions. They resemble conventional foods and can be taken as part of a regular diet.

In line with increasing incorporation into a variety of fortified F&B products such as fresh produce, packaged foods, dairy products, and functional beverages, functional food ingredients continue to solidify their position in the industry. Ascending sales of healthy or functional drinks is particularly benefiting the growth of functional food ingredients market in Asia Pacific (APAC). Set to surpass the value of US$ 3.5 Bn by 2019 end, APAC functional food ingredients market will witness a robust CAGR during 2019 – 2029.

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Functional food ingredients market is estimated to account for 9.5% of the overall food ingredients market which is inferred to be valued at USD 43.5 Bn in the year 2022.

The digestive system is responsible for the absorption of vitamins and minerals from food and nutritional supplements. Therefore, maintaining the health of the digestive system plays a significant role in ensuring optimum nutrient intake, and in preventing deficiencies. Furthermore, immune cells are also concentrated in the gut region, and the presence of healthy microbiota is necessary for the body.

Know More About Report Inclusions

Future Market Insights, in its new offering, provides an unbiased analysis of the global functional food ingredients market, presenting functional food ingredients historical demand data (2014 – 2018), and functional food ingredients forecast statistics for the period of 2019 – 2029. The study divulges compelling insights on the functional food ingredients market based on ingredient type (minerals, vitamins, probiotics, prebiotic & dietary fiber, proteins, carotenoids, and omega-3 fatty acids), based on application (beverages, dairy & products, and bakery & confectionery).

Functional Food Ingredients Market Structure Analysis

The functional food ingredients market is a fragmented market, and key players hold small shares in the market. This is a result of the different types of functional food ingredients manufactured by separate manufacturers. However, key players in the functional food ingredients market have a wide global presence.
Established players in the APAC functional food ingredients market are expanding their production facilities, and are focusing on product innovation, which creates an intensely competitive landscape.

Market Segments Covered in APAC Functional Food Ingredients Industry Analysis

By Ingredient Type:

Vitamins
Minerals
Prebiotic & Dietary Fibers
Probiotics
Carotenoids
Proteins
Omega-3 Fatty Acids

By Application:

Beverages
Dairy and Dairy-based Products
Bakery and Confectionary

By Country:

China
India
Japan
ASEAN
Australia and New Zealand
South Korea
Rest of APAC

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Key Questions Answered in the Report

What is the current market value of APAC functional food ingredients?

Currently APAC functional food ingredients market is worth more than USD 3,867.9 Mn.

What is the anticipated CAGR of the APAC functional food ingredients market in the forecast period?

APAC functional food ingredients market is expected to grow at a CAGR of around 7% during the period 2022-2032

What is the APAC functional food ingredients market outlook over the forecast period?

APAC functional food ingredients market is anticipated to reach a valuation of USD 8,141.5 Mn by 2032.

Who are the key manufacturers in the APAC functional food ingredients market?

Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, Arla Foods Ingredients Group P/S, E. I. DuPont De Nemours and Company, Kerry Group PLC, Corbion N.V, Tate & Lyle PLC, are the prominent players in the market.

Which are the countries contributing in the expansion of APAC functional food ingredients market?

The China, Japan, Australia and New Zealand are the major countries driving demand for APAC functional food ingredients.

What are the most common type of APAC functional food ingredients in the market?

The most common type of APAC functional food ingredients are vitamins, minerals, prebiotics, probiotics, etc.

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Floral Flavour Market with a Comprehend Key Patterns & Development in Impact of Covid-19 with CAGR of xx%

Surpassing global market revenues of US$ 850 Mn in 2019, sales of floral flavours will see momentous growth over the course of following years. During 2019 – 2027, global floral flavour market is poised for a CAGR of over 7%, as projected by a new Future Market Insights (FMI) study.

The floral flavour market is anticipated to grow at a moderate pace during the forecast period. As per the data found by our analysts, the increasing proclivity of consumers towards purchasing clean-label goods is likely to lead to an uptick in the demand for the naturally-sourced ingredients that floral flavours are.

Consumers are showing an aversion towards artificial flavourings while resonating with colour-enhancing and flavour-inducing natural and organic floral flavour. As a result, the demand for these flavours is likely to grow during the forecast period. Owing to this demand, the focus of manufacturers is on the development of floral products that are free from chemicals as well as artificial flavourings.

Consumers are showing interest in unconventional and authentic flavours in their food and beverage products offering unique mouthfeel. The number of products containing floral flavours has increased multifold from 2015-2018, as they account for a sensorial effect and deliver novel and interesting taste experiences to consumers.

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Key Takeaways – Floral Flavour Market Study

Consumers seek products that have their roots in a pre-industrialized food system that is centered around whole, natural, and unrefined ingredients. Floral flavours match the growing consumer’s interests in authenticity of their products. Thus, floral flavours are witnessing a surge in demand.
In 2019, Firmenich SA, a privately-owned flavour and fragrance company, declared hibiscus as the Flavour of the Year, based on the increasing appeal of usage of hibiscus in food and drinks. Hibiscus is gaining traction in the flora flavour industry due to its appealing attributes, like the pleasant aroma coupled with a touch of tangy profile.
Besides, the hibiscus-based floral flavour is gaining popularity in applications such as beer, yogurt, chocolates, and tea, especially in the United States, Mexico, Brazil, and Denmark, with growth also taking place in Italy and Spain.
Beverages sector contributes more than half of the total floral flavour market share. Floral flavours are appearing in revitalizing, healthy product launches. Lavender, rose, jasmine, elderflower, and hibiscus flavours are witnessing significant demand, predominantly for use in soft drinks.
Frequent new launches in the alcoholic beverages category are progressively featuring floral flavours to gain greater consumer traction and achieve marketing differentiation.
Europe and North America will be significant in the global floral flavours market over the forecast period. The demand for floral flavours has especially impacted the European flavour industry.

Consumers are increasingly looking for healthier, authentic, and natural-tasting infused beverages, fusion drinks, and floral-infused RTD coffee. Thus, new entrants seeking to establish their position in the floral flavours market must focus their efforts on the beverage industry.

Botanicals Trending Floral Flavour Space

New floral flavours are emerging to witness increasing demand from the food and beverage industry. With an increasing assortment of floral flavoured mixers and edible flowers, food and beverage manufacturers are experimenting with amalgamation of floral flavours to eventually create unique recipes. The increase witnessed in manufacturers’ investments into floral flavours is indicative of the fact that the botanical flavour trend is here to stay in the long run.

Europe Remains Important Market for Investors

European markets are rapidly witnessing new product launches featuring infused floral flavours in vast products ranging from chocolates, snacks, yogurts, beverages, and many more. In the United Kingdom, Rowntree released fruit and flower-infused pastilles, whereas, in Germany, Alpro launched orange blossom-flavoured apricot soy yogurt. Fermè, an Italian fruit supplier company, launched vegan cheese with fermented cashews preparation, infused with flowers and herbs in the U.K.

Manufacturers Augmenting R&D Investments to Develop Application-specific Flavours

Key players operating in the flavour industry are investing more in research and development activities to upscale their floral flavour production capacity and to provide consumers with unique blends of floral flavours. Flavour manufacturers are strengthening their partnership with end-user industries to meet the growing demand for innovation in food and drink offerings.

In April 2016, Givaudan S.A., a leading flavour manufacturing company in Switzerland invested US$ 126Mn to open an innovation center in Switzerland.
In July 2016, Takasago International Corporation invested towards a new development center for flavours and fragrances in Mexico, to enhance its product portfolio and presence in Latin America.

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Know More About What the Report Covers

Future Market Insights, in its new offering, provides an unbiased analysis of the global floral flavours market, presenting historical demand data (2016-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the floral flavours market based on the raw material (hibiscus, lavender, neroli/orange flower, rose, elderflower, jasmine, cherry blossom, chamomile, and violette), end-use (food- dairy, bakery, confectionaries, snacks, fats and oils, and beverages- alcoholic beverages and non-alcoholic beverages), and product type (natural, organic, and artificial) across seven major regions.

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