Rough Terrain Cranes Market projected to grow at a promising CAGR of 5.6% through 2026

The latest market outlook titled “Rough Terrain Cranes Market: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016–2026” by Future Market Insights offers imperative insights into the Middle East and Africa rough terrain cranes market for the forecast period 2016-2026.

The overall long-term outlook on the growth of MEA market for rough terrain cranes remains optimistic, with the market projected to grow at a promising CAGR of 5.6% through 2026. Over the assessment period, MEA market for rough terrain cranes will gain nearly 100 BPS, reaching a market size of over US$ 231 Mn by 2026 end. GCC countries currently account for a significant share of the MEA market – this will remain the trend throughout the forecast period. The next largest markets include South Africa, Israel, and Turkey, which is anticipated to be closely followed by the rest of MEA.

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Key research findings strongly influencing the market growth

  • High initial capital and expensive maintenance continues to fuel preference for rental cranes over new crane sales.
  • Lucrative opportunities abound in the high lifting capacity cranes i.e. > 100T capacity segment.
  • Application in fracking pipe yards, transmission distribution lines, and tank firms will unlock new revenue generation opportunities.
  • Implementation of automation and advanced telematics are identified to be the top influential developments.
  • Focus on enhanced operator comfort and efficient fuel economy underpins introduction of new features in rough terrain cranes.
  • GCC will remain the largest market in rental as well as new sales of rough terrain cranes within MEA.
  • Maximum new sales will be registered in Turkey over 2016-2026.
  • African countries will account for significant demand owing to rapidly developing power generation and distribution infrastructure, and burgeoning mining activities.

The market has been segmented for in-depth analysis over 2016-2026, into MEA rough terrain cranes market – new sales and MEA rough terrain cranes market – rental. While market for rental rough terrain cranes is likely to witness a CAGR of 5.3% reaching a value worth US$ US$ 247.4 Mn in 2026, market for new sales of rough terrain cranes is expected to reach US$ 142.0 Mn by 2026-end, expanding at a healthy CAGR of 5.9% over the assessment period.

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MEA Rough Terrain Cranes Market – Rental

Future Market Insights expects this market to reach US$ 248 Mn in 2026.

  • On the basis of lifting capacity, the highest growth will be observed in > 100 tonnes capacity segment.
  • 50-75T capacity segment will continue to dominate the market throughout the forecast period.
  • 75-100T capacity segment will possibly exceed revenues of US$ 68 Mn in 2026, accounting for more than 27% share of the entire market revenues at the end of forecast period.
  • By boom length, 25-35 metre segment is projected to remain dominant with a major revenue share contribution of over 43% in 2026. Despite a relatively lower CAGR over 2016-2026, this segment will be evaluated at around US$ 107 Mn in 2026.
  • 35-50 metre segment will retain the second largest segment position with estimated revenue sales worth US$ 80 Mn in 2026, capturing over 31% share of the market value. This segment is expected to demonstrate the fastest growth at a CAGR of 5.6%.
  • Based on country, GCC will continue its monopoly with over 60% value share by the end of forecast period, eventually approaching US$ 150 Mn by 2026 end.
  • South Africa and Israel will be the next largest markets, whereas the rest of MEA and Turkey will witness higher growth rates of over 7%.

Market segmentation

To understand and assess opportunities in the Middle East and Africa rough terrain cranes market, we have divided the report into four sections based on market segmentation as under:

By Lifting Capacity

  • Upto 25 Tonnes
  • 25.1 to 50 Tonnes
  • 50.1-75 Tonnes
  • 75.1-100 Tonnes
  • More than 100 Tonnes

By Boom Length

  • Upto 25 meters
  • 25.1-35 meters
  • 35.1-50 meters
  • More than 50 meters

By Sales Channel

  • New Sales
  • Equipment Rental

By Country

  • GCC
  • Israel
  • Turkey
  • South Africa
  • Northern Africa
  • Rest of Middle East and Africa

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MEA Rough Terrain Cranes Market – New Sales                    

This market, according to Future Market Insights, will account for the revenues of nearly US$ 142 Mn by 2026-end.

  • By lifting capacity, 50-75T capacity segment is projected to attract the maximum revenues.
  • 75-100T capacity segment is likely to account for over 28% market value share in 2026.
  • > 100T capacity segment is predicted to witness the highest CAGR resulting in almost exponential growth in sales revenues over 2016-2026.
  • In terms of boom length, 25-35 metre segment will continue to dominate through 2026, accounting for more than 43% value share.
  • > 50 metre segment will be the fastest growing segment, exhibiting an impressive CAGR of 6.7%, resulting into twofold growth of the market over 2016-2026.
  • Country-wise, GCC will retain dominance, followed by South Africa. While the former is foreseen to attract over US$ 81 Mn in terms of 2026 revenues, the latter will reach over US$ 20 Mn in 2026.
  • GCC reaffirms the leading position with around 58% value share in 2026, whereas the rest of MEA, North Africa, and Turkey are expected to witness higher CAGRs over the assessment period.

Among the leading players in the MEA rough terrain cranes market, Terex Corporation is identified to hold the most prominent share of over 21% in terms of new sales. Other leading companies include The Manitowoc Company, Inc., Tadano Ltd., Zoomlion Heavy Industry Science And Technology Co., Ltd., Liebherr Group, Xuzhou Construction Machinery Group Co., Ltd., Sany Heavy Industry Co., Ltd., and KATO WORKS CO., LTD.

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.

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Automotive Washer System Market expected to register a 5.4% value CAGR during the forecast period 2016-2026

Future Market Insights (FMI) delivers key insights on the global automotive washer system market in its latest report titled, “Automotive Washer System Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. Global sales of automotive washer systems including headlamp and windshield washer systems is expected to reach US$ 17.5 Bn in 2016, witnessing a y-o-y growth of 4.2% over 2015. The long-term outlook on the global automotive washer systems market remains positive, with the market expected to register a 5.4% value CAGR during the forecast period 2016-2026. Passenger car segment will account for maximum share of the total sales, extending the market share to 76.7% in 2026 as compared to 74.5% in 2016.

In terms of volume, the global sales of automotive washer systems is expected to reach 1,453.4 Mn units in 2016 and is expected to expand at a CAGR 3.5% over the forecast period 2016–2026.

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Increasing vehicle production and adoption of efficient wiper and washer technologies are primary factors bolstering the sales of washer systems globally. Moreover, high replacement rate of washer system components is expected to result in high sales in the aftermarket segment. The emergence of newer wiper blade and windshield cleaning technologies is resulting in higher cost of end products, which is a major factor restraining adoption of these products among consumers. High market penetration of relatively low-cost wiper and washer system alternatives restricts demand for wiper de-icer, nozzle integrated wipers and heated nozzle washer systems.

Segmentation highlights

The global automotive washer system market is segmented on the basis of Component (Nozzles, Reservoirs, Hose & Connectors, Pumps, Windshield Wipers, Wiper Motor); Sales Channel (OEM, Aftermarket); Technology (Electric, Mechanical); Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles); and Application (Windshield Washer System, Headlamp Washer System).

  • Windshield wiper was the largest segment by component in 2015 and this will remain unchanged in 2016
  • Nozzle and hose & reservoir segments are expected to be the next large segment in terms of volume
  • By value, wiper motor segment is expected to remain dominant over the forecast period. The segment is expected to account for share of 45.9% in 2016 and is expected to maintain dominance over the forecast period
  • By product type, windshield washer segment was the largest segment in 2015, and this segment is anticipated to hold 72.3% of the market revenue by 2026. Advancements in wiper blade technology and nozzle design will support growth of the market over near future
  • Headlamp washer system segment is anticipated to witness a relatively high value CAGR than windshield washer system.  Increasing sales of premium and luxury vehicle globally is anticipated to bolster the growth of headlamp washer system. Furthermore, automakers in the market are focussing on introducing value added features in their mid-range vehicles, so as to earn competitive edge in the market

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Regional projections

The global automotive washer system market is segmented into the regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA, and Japan. Asia Pacific, the largest market for automotive washer systems is expected account for US$ 5.5 Bn revenue in 2016. Increasing adoption of headlamp washer systems in semi-luxury and mid-sized cars is major trend witnessed in the region. North America is expected to be the next big market, the region accounted for 21.1% of the total revenue share in 2015 and is anticipated to hold 20.7% in 2016. The recent relocation of automobile production facilities to developing nations such as Mexico will impact the OEM sales of washer systems in the region. Western Europe is expected to account for US$ 3.3 Bn revenue in 2016. The market for headlamp washer systems in the region is majorly driven by the existing stringent regulations to deploy these systems with high intensity headlamps.

Market Segmentation

By Component

  • Nozzles
  • Reservoirs
  • Hose & Connectors
  • Pumps
  • Windshield
  • Wipers
  • Wiper Motor

By Sales Channel

  • OEM
  • Aftermarket

By Technology

  • Electric
  • Mechanical

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Application

  • Windshield Washer System
  • Headlamp Washer System

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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Vendor insights

Robert Bosch GmbH, Denso Corporation, Valeo S.A., continental AG and Mitsuba Corporation are the top five players in the global automotive washer system market, accounting for about 30% market revenue share in 2015. The leading players in the market are focusing on acquisition, collaboration and partnerships of/with technology providers to increase their product portfolio and market presence. Furthermore, expansion of production facilities, particularly in developing nations, is the key strategy adopted by major players in the market.

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.

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Automotive Wires and Cable Materials Market – Future Scenario, Key Insights, Top Companies 2026

Global automotive wire and cable materials market revenues will grow by 7.3% in 2016, reaching nearly US$ 4 billion in revenues. Growth will be supported by increasing emphasis on safety and vehicle maintenance, as well as increasing installation of infotainment and navigation systems. Steady automotive sales will continue to serve the market well, especially in Asia Pacific, where China and India will witness heightened demand.

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While growth of the automotive wire and cable materials market will remain stable over 2016, emerging trends will continue to play an important role in shaping up the market. Innovations in connected and hybrid vehicles and substitution of copper with aluminium are expected to influence manufacturing process in 2016 and beyond.

Polyvinyl chloride (PVC) will continue to be the most sought-after material for manufacturing automotive wires and cables. This segment will witness a year-over-year growth of 5.6% and reach US$ 1.9 Bn in revenues in 2016. Polypropylene (PP), the second-largest segment by material type, will witness a growth rate of 6.8% in 2016.

While passenger cars will remain the largest segment in terms of vehicle type, development of rapid transit routes and increasing adoption of hybrid power trains will create opportunities in the light commercial and heavy commercial vehicles segment. Light commercial vehicles segment is anticipated to grow by 4.7% in 2016 over 2015 to reach US$ 0.7 Bn in revenues.

Asia Pacific excluding Japan (APEJ) is the largest market for automotive wire and cable materials and the status quo will remain so in 2016 and beyond. Growth of the automotive wire and cable materials market in APEJ will be supported by the resurgent automotive sector in the region. Increasing emphasis on safety and functionality and implementation of vehicle safety regulations will influence demand positively. The APEJ automotive wire and cable materials market will grow by 6.2 % in 2016 to reach US$ 2.1 Bn in revenues. North America and Western Europe, the other key markets for automotive wire and cable materials will also witness significant growth in 2016.

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Key Players

Major players identified in the market are Sumitomo Electric Industries, Delphi Automotive PLC, Draka Holdings BV, Leoni AG, Lear Corporation, Coficab Group, Yazaki Corporation, Allied Wire & Cable Inc. and Acome.

Leoni AG, Coficab Tunisie SA and Sumitomo Corporation are the top 3 players in the global automotive wire and cable materials market. These 3 players collectively accounted for 46.2% revenue share of the market in 2015. In addition to these marquee players, Delphi Automotive PLC, Draka Holdings B.V., Lear Corporation, Coroplast Fritz Muller GmbH & C. KG, Yazaki Corporation and Allied Wire and Cable Inc. etc. are the other leading players in this market.

Key Segments Covered

By Vehicle Type

  • Passenger Vehicles
    • Compact Cars
    • Sub-compact Cars
    • Mid-size Cars
    • Sedan
    • Luxury Cars
    • Vans
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Material Type

  • Polyvinyl Chloride (PVC)
  • Polypropylene (PP)
  • Cross-linked Polyethylene (XLPE)
  • Thermoplastic Polyurethane (TPU)
  • Polyphenylene Ether (PPE)
  • Others (Fluoropolymers, Polyurethane, Neoprene, Ethylene Propylene Rubber and Co-polyester Elastomer)

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By Region

  • North Americas
  • Latin America
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa (MEA)

Long-term Outlook: The global automotive wire and cable materials market is expected to increase at a CAGR of 6.3% during the forecast period 2016-2026 and reach US$ 3.9 Bn in revenues in 2016. APEJ will continue to be the largest market throughout the forecast period.

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.

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Compaction Machines Market is estimated to reach US$ 3,444.3 Mn by the end of 2015, and 6,310.7 Mn by the end of 2025

Future Market Insights (FMI), in its latest report titled “Compaction Machines Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”, has projected the global compaction machines market to expand at a steady CAGR of 6.2% in terms of revenue during the forecast period 2015–2025. The compaction machines market is estimated to reach US$ 3,444.3 Mn by the end of 2015, and 6,310.7 Mn by the end of 2025.

Increasing investment in infrastructure development and new road development and maintenance is fuelling demand for compaction machines globally. It is projected that the total investment in infrastructure activities would account between 3.5% and 4% of the global GDP by the end of 2030. Investment in road development and maintenance is forecasted to account for 28% of the total investment made between 2015 and 2025. Furthermore, focus on developing smart cities, runaways, and dams is further expected to boost demand.

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Product-wise, the market is segmented into heavy compaction machine and light compaction machine. Heavy compaction machines are further sub-segmented into single drum roller, heavy tandem roller, and pneumatic roller. Light compaction machines segment, is sub-segmented into light tandem roller, hand operated machines, and trench roller. As far as unit sales are concerned, the light compaction machines segment account for approximately 85% share of the overall market in terms of unit sales, and is likely to dominate the market by the end of 2025, with the rising adoption in footpaths, road, and highway maintenance.

Region-wise, Western Europe and Asia Pacific represented prominent markets for compaction machines globally in 2014. In terms of market value, the compaction machine market in developing countries of Asia Pacific is collectively projected to expand at a CAGR of 7.6%, with major Asian economies such as India and China playing a major role. However, in term of unit sales, Western Europe dominates with more number of unit sales in the light compaction machinery segment. The Asia Pacific region is expected to be the largest compaction machine market in terms of value by 2025 end, followed by Western Europe and North America.

As per the ongoing trend in the market, the intelligent compaction machines with display, sensors and telematics are being included in most of the key players’ product offerings.  Currently, the heavy compaction machinery’s rental penetration and secondary sales market is growing significantly. However, this trend is expected to pose a major challenge for new equipment sales.

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Market segmentation

The next section of the report analyses the market on the basis of products and presents the forecast in terms of value for all the years till 2025. Products covered in the report are as follows:

  • Heavy compaction machines
    • Heavy tandem roller
      • 5-8 Tonne
      • 8-11 Tonne
      • > 11 Tonne
    • Single drum roller
      • 3-5 Tonne
      • 5-8 Tonne
      • 8-12 Tonne
      • 12-15 Tonne
      • > 15 Tonne
    • Pneumatic roller
    • Light compaction machines
      • Hand operated machines
        • Rammer
        • Vibratory plates (forward)
        • Vibratory plates ( reverse)
        • Walk behind roller
      • Light tandem roller
        • < 1.8 Tonne
        • 8-3 Tonne
        • 3-5 Tonne
      • Trench roller

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The next section of the report analyses the market on the basis of region and presents the projection in terms of value for the forecast period. The global compaction machine market report covers the following regions:

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Key companies in the compaction machines market include XCMG Co. Ltd, Wacker Neuson SE, Terex Corporation, Atlas Copco, Volvo Construction Equipment – Volvo CE, Caterpillar Inc., BOMAG GmbH, Zoomlion Heavy Industries Science and Technology Co Ltd, Wirtgen Group and Sany Heavy Industries Co Ltd. Currently, global players account for over two-thirds of global revenues, however, in the future, new entrants to the market are expected to gain traction.

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.

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Probiotic Yogurt Market 2021 | Current and Future Demand, Analysis, Growth and Forecast By 2031

Future Market Insights: FMI states in its recent study on the probiotic yogurt market that the market will record a CAGR of 6.3% through 2021. Demand for probiotic yogurt is anticipated to continue surging particularly due to the rising health consciousness among people of all age groups. In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for taurine. The report tracks the global sales of taurine in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and taurine in particular.

“Adapting to the progressing wave of veganism, the global market will witness increased probiotic yogurt made from plant-based sources or dairy alternatives. Dynamic preferences of vegan and the flexitarian population are remarkably influencing the probiotic yogurt market. .” says the FMI analyst.

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Probiotic yogurt Market – Important Highlights

  • Spoonable yogurt is estimated to hold the leading market share in the projected years owing to the preference of consumers for the taste and texture.
  • Due to rising health concerns, low fat content probiotic yogurt is estimated to lead the market and is projected with a CAGR of 6%
  • As of now, supermarkets dominate the share in the global market, however, online retailers are estimated to gain traction during the upcoming projected years.
  • The US is expected to hold a prominent place in the market due to an established consumer base
  • Opportunities for the market growth are plenty in China in the forecasted years, because almost half of the people are overweight and there is a rise in health concern among them.

Probiotic yogurt Market – Drivers

  • Rising awareness due to the associated health benefits and its help in the prevention of diseases such as diabetes and facilitating weight loss will generate growth prospects.
  • the Probiotic yogurt market is expected to witness an increase in demand for plant-based sources or dairy alternatives, adapting to the progressing wave of veganism.
  • Increasing preference towards products made from natural ingredients is boosting demand for probiotic yogurt.
  • The increase in demand for exotic flavors like blueberry, mint coriander, banana chocolate will drive the growth of the market.

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Probiotic yogurt Market – Restraints

  • Is comparatively pricey compared to other dairy products which are thought to be a key constraint for the market.
  • Rapidly changing consumer demand which is why companies need to have their foot in innovation and continuously improve, which can cause problems at times.

COVID-19 Impact on Probiotic yogurt Market

During the onset of COVID, the market was driven by the stockpiling of groceries which was followed by a lockdown. As health and hygiene were on the top priority list of customers, there was a rapid increase in sales in probiotic yogurt due to its excellent source of essential nutrients such as potassium, calcium, zinc, magnesium, vitamin B12, and vitamin B2. During the onset of lockdown, there was an increase In demand generated from the eCommerce stores.

Competitive Landscape

The probiotic yogurt market players are leaning towards the expansion of the production facilities and increasing their types of products besides opting for strategic collaborations to attain a competitive edge. For this, they are introducing probiotic yogurt infused with different flavours and exotic fruits. Some of the leading companies operating in the market are Danone S.A., General Mills, Inc., Nestlé S.A. among others.

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Key Segments

Product Type

  • Drinkable Probiotic Yogurt
  • Spoonable Probiotic Yogurt

Source

  • Animal-based
  • Plant-based
    • Soy Milk
    • Almond Milk
    • Coconut Milk
    • Others

Nature

  • Organic
  • Conventional

Flavor

  • Regular/Unflavored
  • Flavored
    • Vanilla
    • Strawberry
    • Blueberry
    • Peach
    • Others

Fat Content

  • Regular/Whole Milk
  • Low-fat
  • Fat-free

Sales Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Wholesalers
  • Grocery Stores
  • Other Retail Formats

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Oral Clinical Nutrition Supplement Market 2021 Expectations & Growth Trends Highlighted Until 2031

The demand for oral clinical nutrition supplement will rise steadily despite shifting dynamics and consumer preferences amid COVID-19. According to a study by Future Market Insights, growth outlook for the market remains positive, while its valuation is expected to surpass US$ 7.7 Bn in 2021.The rising demand from geriatric population will remain a chief growth driver. The demography will remain dominant through the forecast period and is projected to account for above 45% of oral clinical nutrition sales registered worldwide.Aged people are often vulnerable to immunity deficiency, which can cause weight gain or loss of appetite, besides various other health-related complications.
Thus to tackle such situations oral clinical nutrition supplements are administered to help improve their immunity against various illnesses and conditions. FMI has projected the standard formula to be in high demand, accounting for half of the market share. The rising demand for flavoured oral clinical nutrition will continue supporting sales through the course of the forecast period.

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Key Takeaways from Oral Clinical Nutrition Supplement Market Study

  • Exhibiting nearly 5% year-on-year growth in 2021, the oral clinical nutrition supplement market is forecast to expand steadily through 2031
  • The U.S. to account for over 80% sales in North America backed by willingness among consumers to spend on health and wellness
  • Demand from Germany and France will remain significantly high, aiding expansion in Europe
  • China will remain dominant in Asia Pacific, besides which Japan and ASEAN will emerge among key markets

Companies operating in the market are currently focusing on strategic collaborations to gain competitive edge. Through this they intend to expand their geographic footprint as well as product portfolio,” said a lead analyst at FMI.

oral clinical nutrition supplement market price benchmark key regions by segments, 2020

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Competitive Landscape

Some of the key players in the oral clinical nutrition supplement industry are Danone Nutricia, NUTRICIÓN MÉDICA SL, Nature’s Bounty, Medifood International, Meiji Holdings Co., Ltd., Medtrition Inc., GlaxoSmithKline plc, B Braun, Perrigo Nutritionals, Fresenius Kabi Ltd, Victus Inc., Nestle Health Science, Pharmavite, Pfizer Inc., Bayer AG, Church & Dwight, and others.

Understanding the growing demand for oral clinical nutrition supplements the key players in the industry are revising their strategy. These players are trying to increase their regional presence in the untapped market via mergers, acquisitions, and partnerships with the other players in the industry.

  • In 2020, Ajinomoto Cambrooke, Inc. acquired a medical nutrition company called Nualtra Limited, who offers life-enhancing oral nutritional supplements in the Ireland and UK.
  • In July 2019, Perrigo Company plc announced successful acquisition of Ranir Global Holdings LLC, who is leading global supplier of the oral self-care products.

Oral Clinical Nutrition Supplements Market by Category

Product Type

  • Standard Formula
  • Specialized Formula

Indication

  • General Well-being
  • Renal Disorders
  • Hepatic Disorders
  • Oncology Nutrition
  • Diabetes
  • Dysphagia
  • IBD & GI Tract Disorders
  • Neurological Disorders
  • Respiratory Orders
  • Others

Form

  • Liquid
  • Semi-solid
  • Powder

End User

  • Adult
  • Geriatric
  • Pediatric

Flavor

  • Regular
  • Flavored
    • Chocolate
    • Vanilla
    • Strawberry
    • Apple
    • Mixed Berries
    • Orange
    • Nut Flavours

Channel

  • Prescription-based
  • Over-the-Counter
    • Modern Trade
    • Hospital Pharmacies
    • Retail Pharmacies
    • Drug Stores
    • Online Pharmacies

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Key Questions Answered in the Report

  • Which is the most lucrative market for oral clinical nutrition supplements?
  • Which product type is leading the global oral clinical nutrition supplement market?
  • Which is the major indication for use of oral clinical nutrition supplement?
  • Consumers majorly prefers oral clinical nutrition supplements in which form?
  • Who is the major consumer of oral clinical nutrition supplements?
  • Among the regular and flavoured which is the most preferred oral clinical nutrition supplements?
  • Which are some of the leading companies offering oral clinical nutrition supplements?

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Yogurt Powder Market 2021 Assessment and Key Insights Analyzed Till 2031

The yogurt powder market hit a value of US$ 200 million in 2019. On the basis of region, North America and Europe holds the largest revenue share. Middle East and Africa is likely to witness potential growth in this market through 2029. Though COVID-19 might have reduced the consumption due to lesser transportation yet need for quality food and inclination towards healthier lifestyle will remain the same, helping the industry revive soon. In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for yogurt powder market.
The report covers a forecast and an analysis of the yogurt powder market on a global and regional level. The study contains information on drivers and restraints affecting the yogurt powder market. The report also uncovers hidden opportunities for the market over the course of the forecast period, 2021-2031.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7871“Investment is seen largely in marketing of attractive packaging solutions. Leading players are now collaborating with product manufacturers for a better insight into the scenario and to strengthen their regional market scenario. Need for skimmed yogurt powder in bakeries and household segments will drive the market at a considerable pace,” states the FMI Analyst.

yogurt powder market key regions and products type mekko charts

Yogurt Powder Market – Important Takeaways

  • North America and Europe holds the largest revenue share while Middle East region is set to witness better growth.
  • Leading players are working on marketing, higher compatibility and innovation of products to accelerate market growth.
  • Global yogurt powder market will register a CAGR value of 7.5% through the forecast period (2029-2029).
  • Product wise, skimmed yogurt powder will present better investment opportunities as the market is expected to expand.

Yogurt Powder Market – Driving Factors

  • Innumerable use of yogurt powder in food, bakery, beverages, household, cosmetic and personal car is driving the market.
  • Visible expanding preference for diet conscious meals and addition of probiotics in diets will help the market witness steady growth.
  • There is an increasing demand for skimmed yogurt powder in North America and Europe due to rising number of health conscious population.
  • Owing to rising income, shifting life-style and investments by international companies, competitive structure will be shaped.

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Yogurt Powder Market – Key Restraints

  • Entry of new players can be at stake due to higher cost competition.
  • Poor product innovation is affecting the market growth negatively.

Expected Impact on Market by Coronavirus Outbreak

Falling in the food and beverage industry, yogurt powder market is likely to revive soon because people are shifting to a better and healthier lifestyle. Manufacturing and production of raw materials required is easily available but due to slower trade process on account of social distancing, market can face pressure too. Though food retail and manufacturers might experience loss yet the demand is only going to increase due to the benefit it provides.

Competitive Landscape

Major players in the market include Glanbia Plc, Epi Ingredients, Ace International LLP, Almil AG and Kerry Inc., All of these leading players work on building collaborations with major manufacturers to magnify their production capacity.

Some of the leading companies operating in the yogurt powder market are:

  • Glanbia PLC
  • Epi Ingredients SAS
  • Bempresa Ltd.
  • Armor Protéines
  • Döhler Dahlenburg
  • C.P. Ingredients Ltd
  • Bluegrass Dairy & Food, Inc.
  • Dr. Suwelack
  • Kerry Group
  • Bayerische Milchindustrie eG
  • PreGel AMERICA, Inc.
  • ACE International LLP
  • Ballantyne
  • BALTIMA Sp. z o.o.
  • Biogrowing

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Yogurt powder Market by Category

Product type

  • Skimmed Yogurt Powder
  • Semi-Skimmed Yogurt Powder
  • Whole Yogurt Powder

Nature

  • Organic
  • Conventional

Flavour

  • Regular
  • Flavoured
    • Berries
    • Vanilla
    • Chocolate
    • Peach
    • Mango
    • Banana
    • Apple
    • Others (Passion Fruit, Blends)

Application

  • Food Industry
    • Dips and Dressings
    • Fillings
    • Bakery
    • Nutrition and Snack Bar
    • Desserts
    • Frozen Novelties
    • Dry Mixes
    • Others (Meat Products, Cereals)
  • Beverages
  • Cosmetics and Personal Care

End Use

  • Household
  • HoReCa
  • Industrial
    • Food and Beverage Processors
    • Cosmetic Manufacturers

Key Questions Answered in the Lactose Report

Q1. Which is the most lucrative market for yogurt powder?

Q2. Which type of yogurt powder is highly sought-after?

Q3. Which technology is most used by yogurt powder production?

Q4. Which are some of the leading companies offering yogurt powder?

Q5. Which end user is driving yogurt powder sales?

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Smoked Condensates Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2031

According to the latest research by Future Market Insights, the smoked condensates market is set to witness steady growth during the forecast period 2021-2031. The rising popularity of smoked items, which extend the shelf life of food products without the need for grilling or roasting and also adding flavour, is expected to continue to be a positive factor for driving the growth of the smoked condensates market. Adding colour effects, enhancing food quality, and the reduction of emissions or contaminants associated with traditional smoking are all benefits of using smoke condensates. These factors will also help in fuelling the smoked condensates market growth.

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What is Driving the Demand for Smoked Condensates?

Processed food manufacturers have been increasing their spending on smoked condensates as functional ingredients in the formulation of soups, sauces, meats, bread, poultry products, fish, seasonings and crackers in recent years. Many customers already perceive these items as flavour-enhancing food that can be eaten without causing any negative side effects. Thus, these factors will help in driving the demand for smoked condensates food products in the coming years.

The US and Canada Smoked Condensates Outlook

The demand for smoky-flavoured sauces, snacks, dairy, meats and pet food products has increased dramatically in U.S and Canada and therefore helping in propelling the smoked condensates market. Also, the rising buying power of the working class in developing countries such as the U.S and Canada is encouraging consumers to spend more on these food products.

Europe Demand Outlook of Smoked Condensates

The smoked condensate market in Europe is expected to expand due to factors such as rising buying power, emerging economies, and the use of these products in a variety of meat products and other recipes.

In Europe, consumer preference has shifted toward smoked condensate products as they are an exact imitation of the smoky taste produced by smoking real wood and can be used in a variety of food products.

Who are the Key Suppliers of Smoked Condensates

Some of the key market players involved in the smoked condensates market are

  • Kerry Group PLC
  • B&G Foods Incorporation
  • Colgin
  • Red Arrow International LLC
  • MSK Ingredients
  • Baumer Foods Incorporation
  • Frutarom Savory Solutions Gmbh
  • Besmoke Ltd.
  • Ruteinberg Ingredients BV
  • Azelis SA
  • Redbrook Ingredients Services Ltd.
  • Others.

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Different business growth strategies, such as innovation, alliances, mergers & acquisitions and expansion, are being pursued by vendors in the smoked condensates industry. These strategies would aid market players in strengthening their positions in the regional and global markets. Vendors are also interested in the development of products, which helps them gain a competitive advantage over their rivals by using advanced technologies.

Smoked Condensates Report Highlights:

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

Smoked Condensates Segmentation

Type:

  • Liquid
  • Concentrated
  • Water Soluble
  • Spray-dried
  • Oil-based
  • Specialty formats

Application:

  • Food and Beverage Industry
  • Pet Food
  • Others

Distribution Channel:

  • Supermarket/Hypermarket
  • Convenience stores
  • Specialty Stores
  • Online Stores
  • Others

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Region:

  • North America (the U.S, Canada and Mexico)
  • Europe (Germany, U.K, Italy and France)
  • Central and South America (Brazil)
  • Asia Pacific (India, China and Rest of Asia Pacific)
  • Middle East & Africa (Saudi Africa and Rest of MEA)

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Smoked Black Pepper Market : Notable Developments & Geographical Outlook 2021 to 2031

According to the latest research by Future Market Insights, the smoked black pepper market is estimated to grow at 5.8% CAGR during 2021-2031. Strategic acquisitions by market players will have a significant impact on the smoked black pepper market growth during the forecast period.

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What is Driving the Demand for Smoked Black Pepper?

Increased consumption of bakery and confectionery products, as well as fried and ready-to-eat foods, has boosted the demand for smoked black pepper significantly. Garlic bread, cookies, and chocolates are some of the main items that use black pepper to add different flavour. Thus, its demand is being fueled by a booming food and beverage industry around the world.

Meat and poultry get the smoky flavour and taste with the addition of smoked black pepper in it. Black pepper is a great finishing pepper and a fantastic addition to grilled foods and also to seasoning blends. Therefore, these factors will help in surging its demand in the coming years.

Key Factors which will Drive Sales of Smoked Black Pepper

Smoked black pepper is widely used in other industries because of its increasing applications as a finishing pepper in soups, salads, sauces, and any other dish where regular black pepper can be used. It is a great alternative to salt because it has a vibrant flavour that isn’t overpowering and has traces of hickory and wood fire. These factors will drive its sales in the coming years.

Smoked black pepper has several health benefits, including weight loss, improved skin health, digestion, reduced fatigue, and improved dental health. Thus, the health benefits provided by it helps in driving its sale across the globe.

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Who are the Key Manufacturers of Smoked Black Pepper?

Key market players involved in the smoked black pepper market are

  • McCormick
  • Marshalls Creek Spices
  • The Spice Lab
  • Frontier Co-op
  • Simply organic
  • Spicejungle
  • Drogheria & Alimentari
  • Kambot Pepper USA
  • Amigo Jalapeno Chilli Powder
  • Great Value
  • Himalayan Chef
  • Kiva Gourmet Smoked Black Pepper
  • Watkins Gourmet Spice
  • Others

Key market players of the spice industry are searching for new ways to compensate for the sales deficit caused by price declines. Fast food companies can step forward and unlock new potential shortly.

The growing popularity of smoked black pepper as a health-promoting food in country like India and other Asia Pacific regions is also helping to boost its market in the region. To expand their product range, key companies involved in the smoked black pepper industry are focusing on mergers and acquisitions.

Smoked Black Pepper Market Report Highlights:

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

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Smoked Black Pepper Market Segmentation:

Form:

  • Ground
  • Whole

Source:

  • Organic
  • Conventional

Application:

  • Soups and Sauces
  • Dips and Dressings
  • Snacks and Convenience Food
  • Bakery and Confectionery
  • Other Applications

Region:

  • Asia Pacific (Indonesia, Vietnam, India, China and Rest of Asia Pacific)
  • North America (U.S and Canada)
  • Western Europe
  • Latin America (Brazil, Argentina and Rest of Latin America)
  • Eastern Europe
  • Middle East & Africa (South Africa and Rest of MEA)

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Seafood Flavours Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

According to the latest research by Future Market Insights, the seafood flavours market is set to witness steady growth during 2021-2031. The rapid lifestyle change has made consumers prefer ready-to-eat food products, so the consumers can pursue food products in a shorter amount of time. Therefore, the change in consumer preference is estimated to expand the global seafood flavours market.

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What is Driving the Demand for Seafood Flavours?

The seafood flavours are commonly used in sausage, ready meals, food processing, soups, spreads, savory, dips and other food products. Its end-use in food service is most for the preparation of various dishes. The number of quick-service restaurants is growing worldwide, with a higher rate of growth in developing countries, which is driving the demand for it. This is also due to rising customer demand for seafood in restaurants and fast service restaurants.

Key Factors which will Drive the Sales of Seafood Flavours

Manufacturers have also concentrated on offering certifications such as Clean-Label, Natural and others, along with high-quality flavour profiles, to draw more buyers and consumers to seafood flavours. The majority of seafood flavour manufacturers are focusing on offering natural flavours with authentic flavour. It also aimed to provide the food industry and customers with a variety of seafood flavours and will help in increasing its sale.

Manufacturers are manipulating customers by creating a range of convenience food items by using various flavours, which has generated a lot of buzz around the world.

Who are the Key Manufacturers of Seafood Flavours

Some of the key players involved in the global seafood flavours market are

  • GOGIA CHEMICAL INDUSTRIES PVT. LTD.
  • Firmenich
  • Seafood Flavours A/S
  • Givaudan
  • Adare Food Ingredients Pvt Ltd.
  • Innova Flavors
  • Kanegrade Ltd.
  • NorthTaste Flavourings Ltd.
  • FLAVORCAN INTERNATIONAL INC.
  • Nikken Foods Co., Ltd.
  • Others

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Key market players are looking for new opportunities in the global food and beverage industry. Also, they are focusing on enhancing product quality through research, development and innovation, and providing food and beverage manufacturers with a diverse range of it.

Seafood Flavours Market Report Highlights:

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

Seafood Flavours Segmentation

On Nature:

  • Natural Seafood Flavors
  • Artificial Seafood Flavors

On Form:

  • Powder
  • Liquid

On Flavour Type:

  • Fish
  • Lobster
  • Crab
  • Shrimp
  • Clam
  • Others

On Application:

  • Processed food
  • Savory, Soups and Sauces
  • Spreads and Dips
  • Ready Meals
  • Instant Noodles
  • Others

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On Region:

  • Europe
  • North America
  • East Asia
  • South Asia
  • Latin America
  • Oceana
  • Middle East & Africa

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