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In a recent market survey, ESOMAR-certified consulting firm Future Market Insights (FMI) forecasts an impressive growth outlook for the platelet-rich plasma (PRP) market. The market valuation reached US$ 370.78 Mn in 2021 and is poised to expand at a 6% CAGR through 2031.

Growth registered in the platelet-rich plasma market is attributable to increasing applications of PRPs in various procedures such as cosmetic, orthopedic, neurological, and maxillofacial treatments. Increasing awareness regarding the advantages of platelet-rich plasma in wound healing and tissue regeneration will further propel sales in the market.

PRP is being widely used in cosmetic surgeries aimed at improving facial structure and aesthetics, such as skin texture, and color. In addition, PRP is gaining wide acceptance as a key ingredient used in microneedling, botox treatments, acne scar removal, and laser treatments, which is spurring demand in the market.

Besides this, usage of PRPs in orthopedic treatments is fostering market sales, owing to its cost-effectiveness and negligible side effects. PRPs are increasingly finding application in joint pain treatment, cartilage reconstruction, fracture treatments, and other arthritic treatments.

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With rising incidence of cosmetic procedures and sports-related injuries in countries including the U.S, the U.K., and Germany, the market is anticipated to garner significant revenue over the forecast period.

Intensive research and development, coupled with the prevalence of leading market players will further augment platelet-rich plasma market growth, with expansion at 12.4% by volume.

Additionally, growing investments in healthcare infrastructure and increasing disposable income will provide tailwinds to platelet-rich plasma sales in counties such as India, China, Brazil, and South Korea, shaping the demand outlook positively.

Key Takeaways from Platelet Rich Plasma Market Survey

• Based on product type, pure platelet-rich plasma (P-PRP) will dominate the segment, due to advanced wound healing properties and cost-effectiveness.
• Autologous platelet-rich plasma will account for maximum sales in the origin segment, with high applications in treatment of nonhealing ulcers.
• In terms of application, cosmetic procedures, surgical and non-surgical, will dominate the segment.
• The U.S. is projected to lead sales of platelet-rich plasma due to increasing incidence of cosmetic surgeries in the country.
• The U.K. will provide lucrative growth opportunities for leading players with intensive research and development in the country aimed at PRP product innovation.
• Germany will emerge as a profitable market for global and regional players, owing to an influx of patients seeking PRP-based treatments in the country.
• Increasing investments in healthcare infrastructure in India, along with growing awareness regarding advantages of PRP will augment market growth.
• Japan and South Korea will account for 5% of the total market share.

Competitive Landscape

Harvest Technologies Corp., Zimmer Biomet Holdings Inc., Arthrex, Inc., Arteriocyte Medical Systems, Inc., Dr. PRP America, Cesca Therapeutics, Inc., and Regen Lab SA are among the prominent players operating in the global platelet-rich plasma market. As per FMI’s analysis, tier-1 players will account for 15-20% of the total market share.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-1722

Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

According to a recent study by Future Market Insights (FMI), the sales of wet wipes are expected to top US$ 3.7 Bn in 2021, growing at a CAGR of over 7.6% during the forecast period (2021-2031).

Increasing health-care related issues and the rising prevalence of infectious diseases and skin-related problems have increased concerns among general population. As a result, awareness with regards to the adoption of personal care and hygiene practices is at all time high.

Regular usage of sanitizer, wet wipes, and tissues for cleanliness and maintaining proper hygiene has positively affected the wet wipes market. With various wet wipes options available in the market, catering to diverse purposes such as incontinence wet wipes- for urinary incontinence, sterile wound cleansing wet wipe- for cleaning wounds, and skin care wet wipe- for regular use; growth prospects for future remains optimistic.

Traditionally, products such as soap, face wash, cleansing milk, and others which are already available in the market have been in use for personal hygiene for generations. But factors such as easy handling, convenience while travelling, achieving cleanliness of hand and face without using water have buoyed consumer inclination in favor of wet wipes.

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Companies specializing in wet wipes have been focusing on developing more innovative products such as fragrance- filled wet wipes, environment-friendly, and biodegradable wet wipes and using wood pulp and cotton to avoid harmful effect on sensitive skin.

Government as well as private companies are involved in specialized marketing campaigns to address the need for wet wipes. Furthermore, mergers, acquisitions and collaboration are undertaken by companies to increase the product portfolio as well as reach. All these factors are expected to create demand for wet wipes.

Key takeaways from Wet wipes Market study

• By product, incontinence wipes constitute the most lucrative segment in terms of revenue. The demand for incontinence wipes is expected to increase at a CAGR of over 7% 2021-2031.
• By disposability, non-flushable wipes segment will hold a revenue share of around 75% in 2021 and is expected to follow the similar growth trend in the future.
• By application, skin care wipes segment holds the largest share and will continue to dominate this segment in the forecast period.
• In terms of end user, hospitals are leading the market and are expected to gain more than 25% of revenue share over the forecast period.
• North America will dominate the global wet wipes market in terms of revenue in 2021, followed by Europe region.
• India is dominating the South Asia wet wipes market, accounting for nearly 29% of global market share in 2021.
• China holds leading position in East Asia and is expected to account for nearly 40% of market share.

Who is winning?

Some of the leading manufacturers of wet wipes are focusing on innovative product launches, specialized marketing campaigns, mergers, acquisitions and partnership strategies, thereby enhancing their market presence.

The key market players covered by FMI include Essity Aktiebolag (publ), Kimberly-Clark, Procter & Gamble, Cardinal Health, Medtronic, Stryker, Coloplast, Hindustan Unilever Ltd., Medline Industries Inc., ConvaTec Inc., The Himalaya Drug Company, Domtar Corporation, Johnson & Johnson Private Limited, Hollister Incorporated and Godrej Consumer Products Limited.

For critical insights, request for PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-13751

Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

According to a new study by Future Market Insights, the sale of silk protein is expected to reach ~ US$ 0.6 Bn in 2022. The rise in the demand for silk protein is due to various factors such as growing inclination towards personal grooming and increasing usage of natural ingredients in skincare products. Silk protein, due to the immense skin benefits, continues to find increasing application in skincare industry, while manufacturers are focusing on identifying and leveraging white spaces in its application, especially in eye care and toiletries.

Silk protein is a natural product made by silkworm. It consists of two proteins- fibroin and sericin; the sticky nature of sericin makes it easier to be used in numerous applications. According to FMI’s analysis, the emergence of green and clean beauty trends among today’s consumers have brought significant changes in the cosmetics and personal care industry, including a notable rise in the use of natural ingredients. The result is likely to lead to surge in the demand for silk protein.

The silk protein market is mainly segmented on the basis of form, product and applications:

Form: The powder form of silk protein continues to garner relatively high traction as compared to its oil, on the account of convenience and ease of storage and transportation. However, in recent years, the silk protein oil has been finding numerous application in haircare and skincare products, which may help exceed the sales of its powdered counterparts in the years ahead.

Product: Silk protein consists of – sericin and fibroin. Although fibroin continue to account for higher sales, manufacturers are focusing on increasing the production of sericin for its sticky nature and numerous beneficial effects, which will help them capitalize on ever-rising demand for natural ingredients in cosmetics & personal care products.

Application: Silk protein finds increasing application in skincare, haircare, eye care, toiletry, lip care, color cosmetics, and pharma & nutraceutical products. The consumption of silk protein by the pharma & nutraceutical industry is expected to grow with a CAGR of ~9% during the forecasted period. The demand for natural products in the nutraceutical industry is growing tremendously, owing to its reduced side-effects, thereby potentially raising the demand for silk protein.

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Bioengineered Silk Proteins to Control Cell and Tissue Function

The fibrous part of silk protein is used as a biomedical material, over which cell and tissue formation are been done. The cells which are not able to proliferate on their own, are proliferated in labs with the use of fibrous proteins, where cell adhesion, proliferation, and differentiation can be performed. Silk protein also supports the regeneration of tissues. This application of silk protein is very niche and is still in its R&D phase, but is showing positive signs. These above mentioned factors support the use of silk proteins in the healthcare sector, and can be included to treat patients suffering from cell division problems.

Application of Silk Protein in Hair Care Industry to Propel the Market Growth

The most trending fashion in today’s era is permanent smoothening or straightening of hair, and is made possible with the help of sericin a protein present in the silk. It helps to change the inherited pattern of hair to smoothen and straighten. Silk protein is used as an ingredient in shampoo and conditioner to provide silky, smooth hair. It is also associated with increasing the volume of hair and preventing its breakage. Realizing the benefits, a number of haircare product manufacturers are adding silk proteins in their products to ensure smooth and damage-free hair for the consumers. Further, the U.V. protectant property of sericin helps protect hair against the damage from U.V. rays and its antibacterial and antimicrobial properties help the scalp to remain free from dandruff.

This study by FMI offers insights into the silk protein market for the forecast period of 2022-2029. The silk protein market is projected to record a CAGR of ~ 6% over the predefined timeframe. The silk protein market sales will increase owing to its wide applications in skin and hair care industry.

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About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Recent evidences showcasing health benefits of coconut milk products, coupled with consumer preference for a vegetarian diet are driving coconut milk products sales, finds Future Market Insights (FMI) in a study. According to the report, the coconut milk products market will reach a valuation of US$ 285.6 Mn by 2021. The demand in the market will continue rising as an increasing number of consumers showcase inclination for plant-based food and beverages.

Other factors such as rapid urbanization, rising number of health-conscious consumers, increasing disposable income of consumers, and their changing lifestyles especially in developing countries are expected to be a major driver for the growth of the food processing industry. Coconut milk products help in the formation of hemoglobin as they contain iron and also help in improving the health of patients suffering from anemia. Coconut milk products also strengthen immune system against various microorganisms because they have various anti-bacterial and anti-viral properties. Increasing awareness about various health benefits of coconut milk products and consumer preference for a vegetarian diet, will drive the market.

The hectic lifestyle of people has increased the demand for ready to eat foods and processed food products. Increasing use of coconut milk powder for enhancing the functional and nutritional value, shelf life, and quality of the product will create growth opportunities in the market. According to the report, coconut milk powder accounts for over 80% of sales in the market.

Coconut milk products are used in the preparation of nutritional foods and also used as a dietary supplement because of their high nutritional content. Increasing application in the food and beverages sector will continue driving sales.

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Key Takeaways from the Coconut Milk Products Market Study

• Increasing focus on health and wellness will push coconut milk product sales at 7.6% between 2021 and 2031
• As a result of rising cases of obesity and diabetes, the U.S. is exhibiting high demand for plant-based food and beverages. It will account for over 88% of coconut milk products sold in North America in 2021
• Expansion of the food sector, especially growth in confectionaries and bakeries will drive sales in the U.K. at above 7% in 2021
• Indonesia and India will emerge as key markets for coconut milk products in South Asia. Increasing coconut production will seal Indonesia’s dominance
• China will account for maximum coconut milk product sales in East Asia. Increasing demand for plant-based food items will drive sales in the country

“The increasing demand for food with high nutritional value and longer shelf life has been a key factor pushing application of coconut milk products in the food processing industry. With focus on health expected to rise, the market for coconut milk products will exhibit impressive growth in the coming years,” said a lead analyst at FMI

Vegan Food Popularity a Blessing for Coconut Milk Products Market

Vegan food is gaining popularity among consumers as a result of environmentally sustainable plant cultivation. Despite the fact that vegan food is an expensive commodity, consumers are willing to pay more for it because they want to follow safe and healthy eating habits and care about the environment. Vegan food products are becoming more common in developed and developing countries as consumers have become more aware of food safety and quality. This will have a positive impact on coconut milk products market, driving sales as a sought-after dairy alternative.

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Who is winning?

Some of the leading companies involved in coconut milk products are Thai Coconut Public Company Limited, Nestle S.A., The Sambu Group, Pacific Foods of Oregon, Celebs Coconut Corporation, Grace Kennedy Limited, Asiatic Agro-Industry, Monty and Totco Corporation Limited, McCormick & Company Incorporation, Primex Coco Products Incorporation and others.

Product launches remain a chief strategy among market players. For instance, Nestlé S.A launched Nespray Coco-Up in Sri Lanka in 2018.

Get Valuable Insights into Coconut Milk Products Market

Future Market Insights, in its new offering, provides an unbiased analysis of the coconut milk product market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the coconut milk products market based on By Product Type (Coconut Milk Powder and Coconut Cream Powder), By Nature (Organic and Conventional), By End-Use (Food and Beverage Processing, Personal Care and Cosmetics, Functional Foods and Dietary Supplements, Foodservice/HoReCa and Household), by distribution channel (Direct Sales/B2B, Indirect Sales- Hypermarkets/Supermarkets, Convenience stores, Mass Grocery Retailers, Specialty Stores and Online Retailing) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, MEA and Oceania).

Summary

The leading companies are providing their products to the industrial segment and consumer segment across the globe. The aim of the key market players is to serve a variety of consumer sectors in both domestic and foreign markets. To increase revenue, it also focuses on expanding its sales and distribution channels. The company caters its products to the preferences of its customers in terms of high nutritional and low-fat content, which is expected to increase its customer base. The company is concentrating on extending its global reach by introducing goods in previously untapped markets.

The surge in the demand for food testing is underpinned by a slew of factors, including the changing regulatory scenarios and consumers’ demand worldwide, along with continuous research and development for the launch of new and cost-effective tests.

Newly released data from Food Testing Services Market analysis by Future Market Insights shows that the global Food Testing Services Market size is estimated at USD 20 Billion. It is expected to grow at a CAGR of 8.5% for the forecasted year 2022-2032. It is also estimated that the market size will reach USD 30 Billion by 2032.

“Food testing market is likely to record a high growth rate, owing to consumer demand for safe and sound food products. With the climate change creating adverse effects on the food and food supply chain, requirement of food testing is becoming crucial, especially in developing economies,” says FMI report.

According to the report, the use of food testing for various purposes in the food and beverage industry is highly advanced in the developed nations such as, U.S., Canada, Germany, France, U.K., etc. However, rapid growth in food manufacturing industry in developing countries such as India, China, Brazil, and Vietnam is likely to serve as the primary growth factor for the global food testing market.

Food testing market is expected to witness rapid growth, on the account increased incidence of infection from food products, especially meat products. Pathogens such as bacteria, virus, and fungi are the main cause of such infection.

Opportunities Abound in Developing Countries

India and China, countries with the high GDP growth rate, home almost 38% of the world population, acting as the biggest markets for food testing in the future. These countries along with Brazil and Vietnam are the fastest growing economies in the world. Driven by the high rate of industrialization and urbanization, food manufacturing industry in these countries is developing at a high speed, creating surge in the export activities. U.S. and European countries are the countries with the maximum share in the food and beverage import globally. The rules and regulations set by the governments of the U.S. and the European Union are likely to reflect on the regulation scenario of the exporting countries and contribute to the growth of the food testing market.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-10486

Gains Upheld by Rising Population and Growing Awareness of Food Safety

According to the UN data, global population is increasing at a rate of 1.07%, adding on an average 82 million people per year. By the year 2030, the global population is projected to reach 8.5 Bn, up from 7.6 Bn in 2018. This increasing population is resulting in the substantial growth in the food and beverage industry and food testing market, globally. With the global economic advancement, increase in smart cities and the use of social media platform has been observed, in the recent past. The increase in the use of social media is creating awareness amongst the consumers, and consequently demand for safe, authentic and tested food products is rising. Such trend has compelled food manufacturers to get their food tested in order to market them as a safe for human consumption – a key factor for the growth of the food testing market. Further, growing demand for food testing, especially for meat and poultry products will continue to influence growth strategies of the market players.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.