Endoscopy Visualization Systems Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

Around 3/4th share of the total revenue of endoscopy visualization systems landscape is accounted by Tier 1 players that are prominently focusing on cost effective product development

  • Leaders in endoscopy visualization systems landscape are also prioritizing innovative product launches, product portfolio extension, and strategic collaborations and mergers for an even stronger market footprint.
  • Tier 2 and Tier 3 companies, making up for the rest of market revenue, are particularly focusing on regional expansion – especially targeting developing Asian economies.

Prominently due to the paradigm shift to value based, sophisticated healthcare system and a mounting number of strategic mergers and acquisitions between leading medical device manufacturers, endoscopy visualization systems have been witnessing robust demand in recent years.

“With an ever growing demand for minimally invasive surgical procedures and growing availability of low-cost diagnostic procedures, we expect robust expansion of the global revenue through endoscopy visualization systems. While endoscopy visualization systems currently account for a billion dollar market globally, it is more likely that the endoscopy visualization systems landscape will observe over 7% year on year growth in 2019. Relatively undemanding FDA clearance guidelines is another strong factor pushing the prospects for endoscopy visualization systems in the near future,” says a senior research analyst at Future Market Insights.

Innovation of Endoscopy Visualization Systems Takes a Grand Leap beyond 3D Imaging

The 3D endoscope visualization system has been an impactful innovation in the endoscope visualization systems landscape. While 3D visualization technology offers a deeper view of the diagnostic area during endoscopic procedures, constant R&D efforts have directed the innovations to the latest – customized 3D visualization. The world’s first-ever endoscopy visualization system (by MedicalTek) has been recently launched that works on an easy-to-set and easy-to-alter imaging technique and offers an adjustable 3D perception to resultant endoscopic images.

Product Type Assessment: Adapting to the Trend of Minimally Invasive Surgery Demand, High-range Endoscopy Visualization Systems Remain the Top Seller

The FMI analyst explains that ever-growing demand for minimally invasive surgical procedures worldwide, it is quite clear that high-range endoscopy visualization systems will continue to bring in maximum revenue to the marketplace. With a current market value share of around 50%, high-range endoscopy visualization systems will be the highest selling type of EVS owing to favorable reimbursement policies and availability of advanced technology systems in this segment. Mid-range endoscopy visualization systems are also identified to capture a considerable market value share in 2019, demonstrating the year-on-year expansion of over 7%.

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Diagnostic Area-wise Analysis: Maximum Opportunities Exist for GI Tract Endoscopy Visualization Systems

Recent statistical data published by American Society of Gastrointestinal Endoscopy (ASGE) indicates that among roughly 75 million endoscopic procedures annually performed at a global level, more than 65% are performed on the gastrointestinal tract, followed by the female reproductive tract. A considerable number of endoscopies are also performed through a small-sized incision with an objective to achieve least invasion. According to FMI’s projection for 2019, the year on year revenue growth will be around 7% in case of gastrointestinal tract endoscopy visualization systems, whereas that in case of small-sized incision procedures will be more than 7%.

What is COVID-19 Impact on endoscopy visualization systems market?

A country-level lockdown impacted the endoscopy visualization systems market negatively. The pandemic resulted in a global decline in medical device demand. The market for endoscopy visualization systems was also hampered due to the cancellation or postponement of elective and non-urgent endoscopic treatments.

Furthermore, strict endoscopy facilities regulations led to reduced surgical volume even more. Because of the government’s stringent measures, manufacturers, sellers, and distributors in the market continued to be impacted by the pandemic. Aside from that, a number of government-run cancer screening programs and projects have been suspended or cancelled. However, the use of single-use disposable endoscopes saw a tremendous rise during the same time period which enabled improved infection management.

endoscopy visualization systems market

Regional Outlook: Asia Pacific Becomes an Attractive Growth Platform for Manufacturers of Endoscopy Visualization Systems

While developing economies are constructing a lucrative base for the growth of endoscopy visualization systems landscape through changing demographics and an expanding patient pool, Future Market Insights offers exclusive insights on the same. An elevating number of endoscopy visualization systems predominantly for disorders of GI tract, female reproductive system, urinary tract, and respiratory system is encouraging the sales of endoscopy visualization systems in emerging Asian economies.

The FMI analyst says while unfolding the key attributes driving expansion of market within emerging regional territories, “While APEJ is at present the second largest market for endoscopy visualization systems after North America, Japan is also witnessing significant growth. This growth can be attributed to both, a healthy rate adoption of endoscopy visualization systems at hospitals, and impressively growing sales at specialty clinics”.

Endoscopy visualization systems market by CategoryBy Product Type

  • High Range EVS
  • Mid-Range EVS
  • Low Range EVS

By Area

  • Gastrointestinal Tract
  • Respiratory Tract
  • Ear
  • Urinary Tract
  • Female Reproductive Tract
  • Through a small incision

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Diagnostic Imaging Centers

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific Ex. Japan
  • Japan
  • Middle-East & Africa

Prefilled Formalin Vials Market 2018 Outlook, Current and Future Industry Landscape Analysis 2028

The growth of the healthcare industry is expected to play a vital role in shaping the future prospects of the prefilled formalin vials market. Formalin is a derivative of formaldehyde, and prefilled formalin vials are used for tissue fixation. According to a latest research by Future Market Insights (FMI), the global prefilled formalin vials market is projected to account for over US$ 515.8 Mn, in terms of value, by 2028 end. The report on prefilled formalin vials market projects significant growth potential with average compound annual growth rate pegged at 4.1% through 2028.

Prefilled Formalin Vials Market: Overview

According to the new European rules and guidelines, it is essential to protect the environment and the health of the workers who work in an environment where they are directly exposed to aldehydes. Emission of formalin fumes in pathology labs can lead to serious health hazards. The discharge of these fumes can be avoided by using chemical hoods, particularly in operation theatres, where formalin is mostly used. The need to lower the level of formalin emission has surged the demand for prefilled formalin vials, and the growth of the prefilled formalin vials market. In the medical ambulatories including ambulatory surgical centers where small biopsies are performed, the challenges associated with formalin usage are dealt primarily by using prefilled formalin vials or tubes. Direct exposure to formalin increases the risk of developing cancer. Prefilled formalin vials limit the risk of direct exposure to formalin. This factor, in particular, is likely to play an instrumental role in driving the growth of the prefilled formalin vials market.

The prefilled formalin vials can be used for diversified applications in distinct end-use settings such as forensic labs, CROs, emergency medical services, diagnostic laboratories, and veterinary laboratories, among others. Formalin being a cost-effective method of histopathological diagnosis plays a vital role in the healthcare industry, as it cuts down the unnecessary costs associated with the procedural changes related with the usage of new alternative fixatives. In the European Union (EU) in 2017, 971,000 workers were estimated to be exposed to formaldehyde above the background level. Out of these, 175,380 were registered in Italy. Formaldehyde is commonly known to have acute toxicity, resulting in sensory irritation in the eyes and upper respiratory tract. The demand for formalin from veterinary clinics and forensic laboratories has remained stable, but is likely to decline in the near future. This is primarily to due to strict regulations regarding the usage of formalin across the globe.

Prefilled Formalin Vials Market: Segmental Analysis

Prefilled formalin vials are commercially available in different packaging forms in the global prefilled formalin vials market. Of these, 90 – 500 mL prefilled formalin vials are high in demand in the global prefilled formalin vials market, owing to the fact that there is no alternative fixative validated to be served as formalin replacement. Likewise, the 40 – 60 mL prefilled formalin vials segment is also projected to hold significant revenue share as their adoption is increasing in diagnostic and forensic laboratories. Diagnostic laboratories and CROs performing cancer research and diagnostics are the primary consumers of prefilled formalin vials. According to FMI, the contract research organizations segment accounted for over 28.8% revenue share in the global prefilled formalin vials market in 2017.

Formalin is a cost-effective method of histopathology diagnostic in the West and East Asia, owing to which the demand for prefilled formalin vials has increased in the region. Furthermore, the growing incidence of cancer in Asia Pacific due to changing lifestyle of people is likely to boost the growth of the prefilled formalin vials market in the region. Presence of large number of companies with sole focus on providing high-quality prefilled formalin vials and rising disposable income in Japan are factors expected to surge the demand for prefilled formalin vials in the country.

FMI has segmented the global prefilled formalin vials market based on product type and end users. In terms of revenue, the 90 – 500 mL product type segment in the prefilled formalin vials market is expected to hold significant share over the forecast period. In contrary, the <10 mL product type segment in the prefilled formalin vials market is expected to exhibit limited investment opportunities, in terms of revenue, through 2028.

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Prefilled Formalin Vials Market: Key Players

The report tracks some of the key companies operating in the prefilled formalin vials market, such as Diapath S.p.A, Histo- Line Laboratories Srl, Cardinal Health, Inc., Leica Microsystems Sales GmbH (Leica Biosystems Nussloch GmbH), Genta Environmental Ltd., Carl Roth GmbH + Co. KG, Magnacol Ltd., Serosep Limited, Ultident Scientific and Solmedia Limited.

Segmentation

The report offers a comprehensive taxonomy of prefilled formalin vials market based on product type, end user and region. The prefilled formalin vials are sold for various types of volume ranges, such as <10 mL, 10 – 20 mL, 20 – 40 mL, 40 – 60 mL, 60 – 90 mL, 90 – 500 mL, and 500 mL – 1 Litre.

These prefilled formalin vials are used by distinct end-use segments in prefilled formalin vials market such as hospitals, clinics, emergency medical services, diagnostic laboratories, academic institutes, forensic laboratories, contract research organizations, veterinary clinics, veterinary laboratories and veterinary hospitals.

The prefilled formalin vials are used for various type of applications, such as cancer diagnostic, forensic research and other types of veterinary diagnostics. The prefilled formalin vials market has been analysed across regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and MEA.

Sustained Release Excipients Market 2018 Outlook, Current and Future Industry Landscape Analysis 2026

Future Market Insights offers an exhaustive evaluation of the sustained release excipients landscape in a new research outlook

A recently released global market intelligence outlook on sustained release excipients forecasts the revenue through sustained release excipients to surpass a million dollar value by this year’s end, of which just-under 1/3rd share belongs to North America.

As a growing number of existing international patents are expiring and the prevalence of orthopedic disorders is increasing on the flipside, drug formulations and thereby sustained release excipients are constantly witnessing an impressive manufacturing outlook.

Research identifies the largest revenue shareholding categories in sustained release excipients marketplace on the basis of product type, end user, and route of administration.

  • Polymer is currently the largest product type category worth US$ 300 Mn, whereas gelatin represents the most opportunistic one.
  • While oral route of administration remains highly sought after, injectable is presumed to gradually take over.
  • Biopharmaceutical companies and CMOs pose fierce competition to pharmaceutical companies – the dominant end user of sustained release excipients.

Click here (Preview) for an insightful view of sustained release excipients marketplace.

“The top five players leading the competition in global sustained release excipients landscape account for a collective revenue share of over 50%, whereas a number of relatively small companies represent the rest. A majority of competitors have a limited offering portfolio and significantly depend on product differentiation for an edge in niche treatment areas,” explains a senior research analyst. “Product innovation and market expansion have been the top developmental strategies of companies so far, which are now complemented with strategic partnerships,” the analyst adds further.

Multi-level Partnerships – The Key to Delivering Top Notch Excipient Formulations

FMI underlines the critical role of strategic collaborations – between formulators of sustained release excipients and stakeholders across the value chain – in shaping growth of brands as well as the entire sustained release excipients ecosystem.

While partnerships are expected to prominently focus on spotting the key challenges facing manufacturers, continued education about functionality, variability, and consistency of sustained release excipients is also be an important objective. Drug product manufacturers working in tandem with formulators of sustained release excipients is helping companies deliver best-in-class solutions addressing the most prominent pull factors associated with sustained release excipients.

To best grasp real-time market needs, sustained release excipient formulators are most likely to strengthen interaction with end-use customers. This move offers a dual advantage as a developmental strategy – by helping manufacturers precisely understand and address the challenges facing pharmaceutical markets and stimulating development of new excipient formulations that tap into evolving needs.

A recent deal (2017) involving the combination of The Dow Chemical Company-DuPont-FMC (Health & Nutrition) has been a classic example of collaborative operation, involving channel partners as well as customers.

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Growing Impact of Drug Abuse on Public Health

Substance abuse has high impact on the health of individuals and their families. Prolonged drug and alcohol abuse may lead to mental illness and chronic diseases, such as diabetes and heart diseases, cancer, which in turn, can create high economic burden on the society. In order to curb this economic burden caused by drug abuse, governments are focusing on prevention and early intervention strategies are expected to drive demand for drugs of abuse.

For instance, according to the Centers for Disease Control and Prevention (CDC), nearly 10 million individuals aged 55 and above were reported to seek treatment for cancer across the globe. in 2014. Moreover, it is estimated that nearly US$ 600 Bn is spent on addressing the impact caused by substance abuse each year in the U.S.

sustained release excipients market
SegmentationThe report offers a comprehensive taxonomy of sustained release excipients market based on product type, end user, route of administration route, and region. The sustained release excipients are sold for various types of test samples, such as blood, skin, etc. These sustained release excipients are used by pharmaceutical companies, biopharmaceutical companies, neutraceutical companies, and for various type of sustained release excipients, such as food allergies, drug allergies, latex allergies and other types of allergies.

End-use segments in the sustained release excipients market which are a part of this sustained release excipients market report include pharmaceutical companies, biopharmaceutical companies and other end users, such as nutraceutical manufacturers and contract manufacturing organisations. The sustained release excipients market has been analyzed across regions of North America, Latin America, Europe, CIS & Russia, Asia Pacific and MEA.

Cell Line Development Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

According to International Agency for Research on Cancer, the number of new cancer cases per year is expected to rise to 23.6 million by 2030 globally. In recent times, cell line development and its applications are considered as potential tools in oncology research. Cell lines are projected to be used for development of new treatment pathway for various disease including cancer and neurological diseases.

According to a latest research by Future Market Insights (FMI), the global cell line development market size is anticipated to account for over US$ 7,200 Mn, in terms of value, by 2028 end. The report on cell line development market further projects significant growth potential with CAGR at 7.2% through 2028.

Rapid increase in prevalence of cancer and neurology disorders and lack of efficient treatment solution for these diseases has created the need of more advanced and efficient treatment pathway. Companies and government organizations are investing on research and development activities and are also focusing more on cell line development in search of new cellular pathway to develop novel drugs. The increased spending on biosimilar R&D from exiting biopharmaceutical companies would provide boost to cell line development market.

In recent time the contract research organizations are focusing on cell line development and cell line research activities. According to National Institutes of Health (NIH) the estimated total federal spending on all type of stem cell line research for 2017 is US$ 1.58 Bn. In developing countries like India, government is supporting cell line development through national funding agencies like Department of Biotechnology (DBT), Indian Council of Medical Research (ICMR), and Department of Science and Technology (DST).

Regenerative medicines are the next generation treatment solution and Cell Line Development or Cell Culture is a vital part for regenerative medicine. Increasing demand of regenerative medicines in cancer treatment would positively impacting the growth of Cell Line Development market over the forecast period.

The biopharmaceutical companies operating in development of novel drug line are expected to hold promising revenue opportunity in cell line development market.

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Sales Analysis of Cell line Development from 2013 to 2021 Vs Market Outlook for 2022 to 2028

The market value for cell line development holds nearly 11.7% of the overall US$ 37.3 Mn drug discovery market in 2021.

Compared to the existing mammalian expression systems, the human cell lines possess the ability to produce proteins analogous to naturally synthesized proteins in the human body. This property is advantageous for the advancement in protein therapeutics, and acts as a heavy driver towards the growth of the biopharmaceutical industry. The growth of these industries pulls up the demand of cell line development market. The advantage of using human cell lines for protein production is factored in through the prospects of the resultant recombinant protein to bear post-translational modifications which are consistent with the endogenous human proteins.

Increasing burden of disease had propelled the development of new treatment pathways for diseases such as cancer and neurological disorders. The applications of hybridoma cell lines and recombinant cell lines in the development of therapeutic proteins has led to the growth in demand of cell line development market. The human cell lines, specifically the stem cell lines hold a potential stance for the treatment of various degenerative diseases, and hence paves way to novel drug therapy in regenerative medicine.

Moreover, the increasing development and production of biosimilars, owing to the patent expiry of branded therapeutics has positively impacted the growth of the cell line development market. The global scale development of bio therapeutics with cell line development has further fostered the development of a number of protein based therapeutics, assisting the growth of high-expression cell lines. These factors promote the expansion of the cell line development market on a global scale.

The global cell line development market expanded at 6.1% CAGR over the past 8 years from 2013 to 2021. The market is expected to expand at a considerable growth rate over the next six years (2022-2028) at a CAGR of close to 7.5%

 cell line development market

Future Market Insights (FMI) has segmented the cell line development market based on product type, cell line source type, end user, type of cell line and region.

Product type segment in cell line development market is segmented into media and reagents, equipment and accessories. Reagents and Media are required from incubation to preservation of cell lines. These products are expensive and have repetitive use in cell culture or bio-production. Reagent and media segment in cell line development market is expected witness noteworthy growth in terms of revenue owing to rapid increase in demand in cell culture and cell based assays.

Cell line development market by cell line source is categorized into mammalian cells and non-mammalian cells. Mammalian cell line development is anticipate to witness significant growth in overall cell line development market. This growth of mammalian cells segment in cell line development market is driven by increased production of biologics drugs which require mammalian cells. Increasing antibody production is the major driving factor behind the growth of mammalian cell lines segment in cell line development market.

Mammalian cell lines are used to create therapeutic proteins through genetic building and antibodies through viral infection. For example, Gaucher’s disease, which is a genetic disorder characterized by lack of β-glucocerebrosidase enzyme and can be treated by Cerezyme which is a recombinant enzyme produces in mammalian cell lines. Mammalian cell lines are also useful in production of antibodies and other therapeutic agents such as specific binding proteins that can neutralize disease causing agents in the body. For example Under cell line type segment in cell line development market, recombinant cell line development are the most demanding type of cell line due to large application in biologics production, protein interaction, gene activation, toxicity testing and drug screening.

Growing application recombinant cell line development in drug toxicity testing is expected to boost the growth of overall cell line development during the forecast period

North America and Europe cell line development market will dominate in owing to increasing government funding in cell line development research and rising spending on biosimilar developments. Asia Pacific cell line development market is expected to grow at a high growth rate due to increased number of research organization engaged in novel biologics and biosimilar fastest revenue growth in overall cell line development market.

The Asia Pacific region in Cell line development market is anticipate to witness increasing demand of biopharmaceuticals and regenerative medicines are expected to boost the growth of the cell line development market.

FMI’s report tracks some of the key companies operating in the cell line development market, such as Selexis SA, GE Healthcare, Corning Incorporated, Thermo Fischer Scientific, Inc., American Type Culture Collection (ATCC), Lonza (Sartorius Stedim Biotech S.A.), Danaher Corporation, Merck KGaA, WuXi Biologics.

Key Market Segments Covered in Cell line development Market Research

By Product Type:

  • Reagent and Media
  • Equipment
  • Accessories and consumables

By Source Type:

  • Mammalian cell line
  • Non-mammalian cell line

By End User:

  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Academics and Research Institutes
  • Biotechnology Companies

By Cell Lines:

  • Recombinant cell lines
  • Hybridomas
  • Continuous cell lines
  • Primary cell lines

By Region:

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • Japan
  • APEJ
  • MEA

Transportation Composites Market Exhibits a Stunning Growth Potentials

Transportation composites’ compatibility with the broader objectives of the automotive industry, notably sustainability and weight reduction, will drive sustained adoption, according to a new report by Future Market Insights (FMI).

The report offers a 10-year outlook on the transportation composites market, offering analysis across key segments in 20+ countries.

According to the study, consistent innovation and research into technologies that help meet legislated emission targets are becoming the elixir for manufacturers of transportation composites. Moreover, as customers are become more environmentally conscious, reuse and recycling is gaining traction – a development that augurs well for transportation composite manufacturers.

In a bid to fulfil emissions targets and improve the sustainability of future automobiles, mass reduction of automobiles (lightweighting) is increasingly emerging as major challenge for automotive manufacturers.

Lightweight vehicles help achieve improved fuel efficiency as well as offer better braking, acceleration, and handling.

As these trends propelling the current surge will sustain, transportation composite manufacturers are focusing on distinctive capabilities and continue to explore opportunities to better serve customers and make material progress.

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Transportation Composites Market Size Study

  • Demand for lightweight components to drive market growth
  • Glass fiber transportation composites remain preferable owing to their superior properties such as high strength and durability
  • Thermosetting composites stay in-demand through 2030, given their umpteen strength that makes them ideal for high-temperature conditions
  • Market players continue to reap substantial gains from Asia Pacific (APAC) over the following decade

“Over 100 models in automotive industry currently leverage carbon fiber reinforced plastic (CRFP) for OEM components. The OEMs are banking on transportation composites to curb vehicle emissions, decrease vehicle weight, and thus, enhance fuel efficacy,” says analyst at FMI.

COVID-19 Impact on Transportation Composites Market

The transportation composites market is heavily dependent on the automotive production and sales across the world. Sudden shutdowns of manufacturing units in China and its ripple effect, resulting in large-scale havoc among global automotive manufacturers, have been felt subsequently in the US, Europe, South America, and India. Moreover, majority of prominent global automakers import 30-60% of their components from China such as sub-assemblies, and modules.

As several automotive OEMs and distributors have offshored their production activities to low-cost regions, they are currently scrambling to set up shorter or localized regional supply chains.

Moving ahead, nationwide lockdowns in worst-affected countries have impacted the transportation composites market at multiple fronts including, financially drained SMEs, disturbed supply chains, and dampened sales in Q1 of 2020. Moreover, the effects have spilled over into Q2, with incomplete order deliveries due to ongoing production downturns.

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Transportation Composites Market – Competitive Intelligence

The global transportation composites market is moderately fragmented, with presence of leading players exhibiting expertise in advanced manufacturing techniques. In a bid to sustain their revenue pool in the global marketplace over long run, market players are focusing on conspicuous investments in innovation and diversification.

  • Toray Industries develops carbon fiber transportation composites derived from polyacrylonitrile (PAN). These composites, in various forms, are used in automotive and several other use cases
  • Solvay S.A. produces an entire range of thermoplastic transportation composites – Evolite™ – for demanding applications. These products contain polyphthalamide (PPA) and polyphenylene sulfide (PPS)

Want To Know More About Transportation Composites Market?

A new market research report published by Future Market Insights (FMI) on the global transportation composites market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the transportation composites market through five different segments – material type, resin, application, vehicle type, and region. The transportation composites market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of transportation composites and product adoption across several end-use industries.

About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials  market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

 

Lentil Protein Market By Key Players, Competition Tracking, Applications & Forecast 2030

The global lentil protein market size is expected to reach US$ 142 Mn by the end of 2030, growing at 5.4% CAGR. Lentil protein market players are benefitting from broader gains in plant-based protein industry and veganism boom. FMI’s research report opines lentil protein marketplace to witness a foray of new players during the course of the forecast period.

Consumers are trying to follow a healthier lifestyle, and are inclined towards vegan, vegetarian, or flexitarian diets. Surveys conducted to study the evolving consumer behaviour have underscored one or more of the three key reasons for consumers going vegan, vegetarian, or flexitarian.

These reasons include personal health, animal welfare, and environmental concerns. There has been a 600% rise in individuals recognizing themselves as vegan in the U.S., which indicates veganism is rising rapidly in the country. An increasing number of consumers are opting for a vegetarian or vegan diet to follow healthy lifestyles.

Consumers are becoming more conscious about their food habits, which is compelling food producers to include plant-based ingredients to appeal to health-conscious consumer across the world. Targeting vegetarian or vegan consumers has become a popular trend, which is resulting in increased production of plant-based lentil protein.

Protein fortification helps in improving the nutritive profile of everyday food products giving them high-protein label. Consumer preference for protein-rich products is rising because of the increasing incidence of lifestyle-related diseases and weight management. This will augur well for the market, creating scope for its expansion.

Bakery and snack products containing vegetable protein is gaining popularity across the globe. Therefore, some of the key players in these sectors are increasing the use of lentil protein to increase the nutritional properties of bakery and snack products.

FMI’s report provides an exhaustive overview of the lentil protein market. It covers prevailing trends, growth drivers, opportunities, and potential restraints. The effect of numerous strategies adopted by the key players is studied as well in detail in the report.

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It includes in-depth insights into the lentil protein market. Some of these are:

  • The estimated value of the lentil protein market was at US$ 84.2 Mn in 2020. The rising awareness regarding health and wellness and animal well-being is Enabling growth in the market
  • The sale of ready to cook food products is rising as millennials find it is easy and convenient to cook. The use of lentil protein is rising in ready to eat products to offer better quality and nutritive profile to consumers
  • The North America market is expected to dominate the lentil protein market and anticipated to grow with CAGR ~7% in the forecast period
  • Due to the COVID-19 pandemic, the consumption of animal-based products is decreasing and plant-based products are rising which will enable growth in the lentil protein market

“Rising awareness regarding health and wellness has impelled consumer to opt for gluten-free, non-GMO, organic and natural food products. This has in turn improved scope for application of lentil protein across food companies,” said a lead analyst at FMI.

Increasing Consumer Interest in Gluten-Free Food Products Driving the Lentil Protein Market

Lentil is gaining more traction, particularly because lentil-derived ingredients are considered good alternatives for grain-based flour and are often used in gluten-free products.

Avoiding gluttonous food is one of the most well-known dietary trends in the U.S. More than 100 million people in the U.S. consume gluten-free products, most of these individuals do not even have celiac disease.

As a result of increasing awareness regarding the benefits of gluten-free food, consumers are likely to showcase higher demand for products containing plant-based ingredient. This will bode well for the lentil protein market.

Who is Winning?

Some of the key players operating in the lentil protein market are Archer Daniels Midland Company, Cargill Inc., Parabel USA Inc., AGT Food and Ingredients, Biorefinery Solutions, Ingredion Inc., BI Nutraceuticals, Inc., Vestkorn Milling AS, Henry Broch Foods, AMCO Proteins, GEMEF Industries, and other players.

Key players are focusing on expanding product offerings and production capacity of plant-based protein ingredients by a joint venture, acquisition, and mergers.

  • In March 2020, ADM expanded its production of non-GMO soy protein concentrate in the Netherlands. The aim behind the production expansion was to strengthen the production capacity of plant-based ingredients
  • In January 2018, Cargill entered into a joint venture with PURIS. The Cargill invested US$ 25 Mn to add substantial capacity at the Turtle Lake, Wis. production facility. The aim behind the joint venture was to expand the geographical presence and product portfolio of protein ingredients.

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Get Valuable Insights into Lentil Protein Market

Future Market Insights, in its new report, presents an unbiased analysis of the global lentil protein market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on product type the market can be segmented into protein isolates, protein concentrates, flour and other product types. In terms of nature, the market can be segmented into organic and conventional. Based on end use the market can be segmented into food processing, animal feed, nutraceuticals, infant formula and sports nutrition. In terms of processing type, the market can be segmented into dry processing and wet processing.  Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

Lupin Protein Market Expectations & Growth Trends Highlighted Until 2030

Steered by the rising demand for minimally processed food, containing non-GMO and natural ingredients, the lupin protein market is likely to witness strong growth rates through 2030, according to a new report by Future Market Insights (FMI).

In the food and beverage industry, meat substitutes, bakery products, and confectionery are the major segments witnessing high demand, followed by snacks & cereals products.

However, pulse protein is gradually stealing the spotlight away from the aforementioned segments as a result of the rising demand for natural, organic, and plant-based ingredients with significant health benefits.

Pulse protein is forecast to witness robust demand, especially among the increasing number of vegan and vegetarian consumers seeking for plant-based food and beverages.

The U.S., the U.K., Spain, Germany, Italy, France, and countries in Asia Pacific such as India and China currently represent the lucrative markets for lupin owing to the increasing demand for organic and plant-based protein ingredients.

FMI in its report studies various factors helping the lupin protein market gain impetus across these countries.

The FMI study delves deep into the prevailing dynamics to offer interesting insights into the lupin protein market. Some of these are:

  • With growing awareness for benefits of plant-based products among consumers, the demand for alternatives protein has increased. This is encouraging manufacturers to develop innovative plant-based products with lupin protein as a key ingredient. According to FMI, the global lupin protein market is estimated to be valued US$ 84 Mn in the year 2020
  • Among the end-use segments, food processing accounts for the leading market share and boasts a value of US$ 59 Mn. It is projected to expand at a CAGR of 4.7% over the forecast period
  • Europe accounts for the largest share in the global market owing to the awareness among consumers regarding the benefits of lupin and its products. There are large number of manufacturers located in Europe, more concentrated in EU-4, Germany, and others. Their presence is expected to boost the market in the region
  • Lupin protein products are recently introduced in North America. However, to realize impressive growth prospects in the region, market players are required to invest increasingly in marketing their products and promoting various health benefits of lupin protein

“Plant proteins are finding increasing application as a nutritional ingredient since they are obtained from nature and are additive-free. As a result, application of plant-based protein is increasing for food & beverage and nutritional purposes, as it is pure, natural, non-GMO, enriched with amino acids, and can be easily mixed with beverages and food products,” said a lead analyst at FMI

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Increasing Focus on Preventive Healthcare Anticipated to Fuel Demand for Lupin Protein      

Sedentary lifestyles is often linked with the rising prevalence of lifestyle-related issues and diseases. To combat these issues, consumers are turning towards preventive healthcare and switching to healthy food with potential health benefits. Lupin is growing in popularity as a superfood and is used as key ingredient in dietary supplements, sports nutrition, nutraceuticals, and food products.

The growing popularity of lupin protein in various end-use applications is attributed to the health benefits associated with its consumption. Lupin is devoid of starch, which is very unusual for species of edible bean. It also contains moderate amount of carotenoids beta carotene, lutein, zeaxanthin, and tocopherols (vitamin E), which make it a “superfood” for today’s generation.

Lupin protein is a natural food, which has higher calcium and phosphate content than cereals. The increasing awareness regarding health and wellness among consumers has resulted in the increasing adoption of lupin protein as key ingredient across the food and beverages sector.

Who is winning?

The lupin protein market is currently at a nascent stage and the dearth of awareness is acting as a major restraint to growth. Companies operating in the market are currently focusing on product launches and spreading awareness about various health benefits to gain competitive advantage.

Companies such as Aminola, Coorow Seeds, and Lupine Protein Isolate (LPI) are focusing on various technological innovations to preserve nutritive profile of their ingredient and expand their customer reach.

Of these, Coorow Seeds is Hazard Analysis and Critical Control Point (HACCP) accredited, which ensures that under no circumstance the company will render food unsafe. Consumers are likelier to prefer food from companies with similar certifications.

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Get Valuable Insights into Lupin Protein Market

Future Market Insights, in its new report, presents an unbiased analysis of the global lupin protein market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights into growth witnessed in the market. Based on nature the market can be segmented into conventional and organic. In terms of product type, the market is segmented into protein isolates, protein concentrates, flour, and other product types. Based on end use the market can be segmented into food processing, animal feed, nutraceuticals, sports nutrition, and infant nutrition. Based on process type the market is segmented into wet processing and dry processing. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

Compact road sweepers Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Compact road sweepers are categorized as an innovative class of small vehicles used for cleaning lanes and roads in urban areas. These compact road sweepers are specialized units that adopts the novel technology advancements in order to their day to day cleaning tasks. In the commercial market these compact road sweepers are available in different sizes out of which sub compact, compact & mid-sized are the predominant ones. Sub compact road sweepers are ideal for the confined spaces, these compact road sweepers are specifically designed to clean the crowded places. Likewise, compact & midsized type of compact road sweepers are adopted in crowded city environments such as, city centers, streets and more. These compact road sweepers are well equipped with disruptive silence technologies which curb down the level of noise pollution. Also with the usage of effective fuel technologies, these compact road sweepers exhibits low levels of carbon dioxide emission. Compact road sweepers are comes with 360 degree vision & turning radius better than any sweeping machine which enables effective operating in different environments.

Increased length and size of road networks have led to an industry shift towards the replacement of labor by compact road sweepers as they are more effective and can cover large lengths of roads in much less time. Compact road sweepers are widely used in airports, urban and industrial sectors due to the presence of large lengths of roads and lanes which require day-to-day maintenance. Increasing urbanization has resulted in increased demand for the implementation of compact road sweepers by municipal corporations and large township developers

Compact road sweepers Market: Market Dynamics

Compact road sweepers are turning out to be the new era in cleaning practices.  Factors like ease in operation, low CO2 emission and low level of noise pollution are some of the competencies of the compact road sweepers helps the market to grow. Likewise, factors like increasing road network, compact lanes, labor shortage and efficiency of the machines are expected to drive compact road sweepers market. Developed countries in Americas and Europe have implemented a large number of compact road sweepers across industries. However, the costs associated with manufacturing and usage of compact road sweepers may hinder the growth in under developed countries. But with a gradual shift towards modernization of industrial equipment across industries, compact road sweepers market is expected to witness a significant growth in the coming years.

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Compact road sweepers Market: Region Wise Trends

Increasing urbanization, development of city centers, malls & other commercial spaces is expected to create huge demand space for compact road sweepers. In developed regions such as North America, Western Europe & Japan, the demand for compact road sweepers are increasing day by day. With increase in technological advancement manufacturers are developing new designs and adapting these novel technologies to match with upcoming trends. China, India & other Asian countries are marking their presence in the compact road sweepers market, implementation of new smart cities in the region is expected to create growth opportunities compact road sweepers market. Middle east & Africa also shows considerable growth in the adoption of compact road sweepers market as the road infrastructure in the region is quite dense. Latin America is low volume region for compact road sweeper sale.

Examples of some of the market participants in the Global Compact road sweepers Market identified across the value chain include:

  • Bucher (Johnston)
  • Fayat Group
  • Faun
  • Aebi Schmidt
  • Alfred Karcher
  • Dulevo
  • Boschung
  • Road Machinery LLC
  • Hako GmbH
  • Global Environmental Products, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

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The report covers exhaustive analysis on:

  • Compact road sweepers Market Segments
  • Compact road sweepers Market Dynamics
  • Compact road sweepers Market Size
  • Compact road sweepers Market Supply & Demand
  • Current Trends and Issues and Challenges Pertaining to Compact road sweepers market
  • Competition & Companies involved In Compact road sweepers market
  • Technology related to Compact road sweepers
  • Value Chain for Compact road sweepers market

Compact road sweeper market regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • China
  • India
  • Japan
  • SEA & Others (ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on compact road sweepers market segments and geographies.

Compact road sweepers Market: Segmentation

On the basis of Types, the Compact road sweepers Market can be segmented as:

  • Subcompact
  • Compact
  • Mid-Sized

On the basis of Fuel Types, the Compact road sweepers Market can be segmented as:

  • Battery Operated Compact Road Sweepers
  • Commercial Fuel operated Compact Road Sweepers
  • Petrol Operated
  • Diesel Operated

On the basis of End Use Industry, the Compact road sweepers Market can be segmented as:

  • Urban Roads
  • Airport
  • Seaports
  • Construction Plants
  • City Centre
  • Parking lots

 

Aircraft Strut Market Notable Developments & Geographical Outlook

Aircraft strut is an important component in the assembly of an aircraft. On a daily basis, the aircraft is increasing traffic with more than one trip covered by an individual aircraft where seamless and risk free aviation takeoff and landing are involved. Landing gear is an important component of an aircraft during landing and take-off in which aircraft struts are used to absorb shock while take-off and landing of the aircrafts. Most of the shock struts are prepared with an axle as part of the lower cylinder to offer installation of the aircraft wheels.

Over the past decade, low-cost carriers have increased their marketplace, and currently they hold significant share accounting more than thirty percent in the commercial aviation market. Low cost carriers (LLC) operators choose single aisle aircraft, as they function on small routes and also have a comparative less profit margin. With the increasing focus on connecting small airports to improve a country’s air network, airlines are procuring regional jets and narrow-body aircraft that are efficient as well as profitable on short haul flights. Of the total 1,600 aircraft provided by Boeing and Airbus together in the previous year, the majority of the aircraft delivered were narrow body aircraft. Moreover, nose landing gear configuration is similar for a wide-body aircraft & narrow-body however, the main landing gear configuration varies. Therefore, it will impact the demand for aircraft strut market.

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Aircraft Strut Market: Dynamics

Increase in number of orders on new aircraft fabrication is primarily driving the demand for aircraft strut market over the forecast period. Also, launch of new aircraft programs in the Asia-Pacific region will offer new opportunities for the aircraft strut manufacturers to expand in this region. Moreover, replacement of ageing aircraft would further spur the demand for aircraft strut market.

However, norms related to emissions have compelled the manufacturers to use light weight material for the parts of aircrafts. For that purpose, most of the interior parts of aircraft use composite material to make them lightweight. Henceforth, it creates immense challenge for aircraft strut manufacturers to make them light-weight as it will help to achieve fuel economy

Aircraft Strut Market: Regional Outlook

Airbus and Boeing are the two main commercial aircraft original equipment manufacturers (OEMs) and they are based in the France and United States, respectively. The U.S. aviation market is quite matured market and it currently has the maximum aircraft fleet. Majority of the aircraft assembly is carried out in the France and United States. On the other hand, in terms of new airplane demand, the APAC (Asia-Pacific) market seems to be profitable. As China has recently announced its C919 airplanes in the commercial market and has received over 750 orders, a huge demand for aircraft strut is projected to be generated from this region in the coming years

Aircraft Strut Market: Market Participants

Examples of some of the market participants/vendors identified in the Aircraft Strut Market across the globe are:

  • Circor Aerospace, Inc.
  • PCC Aero Structures
  • Crompton Technology Group Ltd.
  • Malabar Inc.
  • New Brow Aerospace
  • Fiber Dynamics, Inc.
  • Lefiell Manufacturing Co.
  • Bansbach Easylift of North America
  • Birken Manufacturing
  • Robart Mfg
  • Wicks Aircraft Supply
  • QRP, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaustive analysis on:

  • Market Segments of Aircraft Strut
  • Market Dynamics of Aircraft Strut
  • Market Size of Aircraft Strut
  • Supply & Demand of Aircraft Strut
  • Current Trends/Issues/Challenges of Aircraft Strut
  • Competition & Companies involved of Aircraft Strut
  • Technology of Aircraft Strut
  • Value Chain of Aircraft Strut

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Aircraft Strut report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Aircraft Strut provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Aircraft Strut also maps the qualitative impact of various market factors on market segments and geographies.

Aircraft Strut Market: Segmentation

On the basis of aircraft body type, the Aircraft Strut Market can be segmented into:

  • Small Body Aircraft
  • Wide Body Aircraft
  • Very Large Body Aircraft
  • Regional Aircraft

On the basis of operation, the Aircraft Strut Market can be segmented into:

  • Hydraulic
  • Pneumatic

On the basis of position of aircraft struts, the Aircraft Strut Market can be segmented into:

  • Front Wheels
  • Rear Wheels

On the basis of aircraft strut type, the Aircraft Strut Market can be segmented into:

  • Rigid Aircraft Struts
  • Spring Steel Aircraft Struts
  • Shock Struts
  • Bungee Cords

On the basis of end use customer, the Aircraft Strut Market can be segmented into:

  • Commercial
  • Military

Aspirin Exacerbated Respiratory Disease Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2028

The interrelationship between asthma, nasal polyposis and asprin is a classic triad and is known as aspirin exacerbated respiratory disease (AERD).  Aspirin exacerbated respiratory disease affects 0.3–0.9% of the population in USA and almost 7% of asthmatic patients. Aspirin exacerbated respiratory disease management is difficult as no single method has proven to have high rates of symptom control. Reactions due to Aspirin Exacerbated Respiratory Disease include shortness of breath, wheezing and worsening of nasal and sinus problems, skin problems such as hives and itchy rashes. Almost 7% of the patients with asthma have nasal polyps, mucosal swelling and worsening of asthma in response to aspirin and other COX-1 inhibitors. The respiratory reactions involving induced challenge due to aspirin includes upper and lower respiratory symptoms. Treatment of aspirin exacerbated respiratory disease starts with the avoidance of non-steroidal anti-inflammatory drugs (NSAIDs) and aspirin. Moreover to reduce the nasal inflammations and polyp formation caused due to aspirin exacerbated respiratory disease, intranasal steroids can be beneficial. Aspirin Exacerbated Respiratory Disease Market will increase as the goal is to tolerate the dose of aspirin without having harmful reactions.

Aspirin Exacerbated Respiratory Disease Market: Drivers and Restraints

Aspirin Exacerbated Respiratory Disease causes breathing problems Also according to center for disease and control 8.2% of the US population has asthma and up to 9% of adult asthmatics have this non-allergic hypersensitivity reaction which can further cause death if not cured. This increases the demand for treatment of Aspirin Exacerbated Respiratory Disease Market. The disease is more common in women and occurs usually between 30-40 years. However these is no gold standard treatment for the disease it can only be managed by avoiding the NSAIDs and NSAID-containing medications. Also patients should be aware with the allergy and vigilant while consuming over the counter drugs. Aspirin desensitization therapy can also help some of the patients. However the market is expected to grow due the continuous research and development to cure the disease. Also despite of the treatment surgical removal of polyps is common which would also increase the demand for Aspirin Exacerbated Respiratory Disease. The treatment for Aspirin Exacerbated Respiratory Disease Market offers potential and holds a strong perception in future.

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Aspirin Exacerbated Respiratory Disease Market: Regional Outlook

Geographically, global Aspirin Exacerbated Respiratory Disease market is divided into regions viz. North America, Latin America, Asia Pacific, Middle East & Africa, Eastern Europe and Western Europe. North America’s Aspirin Exacerbated Respiratory Disease market is expected to be leading due to advanced patient care, medical advancements, reimbursement policies and more awareness among the population.  Also as there is no treatment continuous research and development by the manufacturers is increasing the Aspirin Exacerbated Respiratory Disease market. The Aspirin Exacerbated Respiratory Disease techniques causes less morbidity and mortality compared to the alternative surgeries.

Aspirin Exacerbated Respiratory Disease Market: Key Players

Some of the major Key players identified in the global Aspirin Exacerbated Respiratory Disease Market Apotex Corporation, Pfizer Inc., Teva Pharmaceuticals, Zydus Pharmaceuticals, Cadila Pharnmaceuticals are among others.  Ifetroban completed its phase 2 clinical trial. The project is supported by Canadian Institutes of Health Research and Alberta Innovates – Health Solutions, The manufacturing companies are involved in partnerships for R&D in order to exploit maximum potential. Also, they are focusing primarily on strengthening the core skills of their product portfolio.

Key data points covered in report

The report covers exhaustive analysis on:

  • Aspirin Exacerbated Respiratory Disease Market by route of administration, Treatment type, distribution channel and region
  • Regional level market analysis of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa by end user and country segments
  • Aspirin Exacerbated Respiratory Disease Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Aspirin Exacerbated Respiratory Disease Market system market Size & Forecast 2018-2028
  • Aspirin Exacerbated Respiratory Disease Market Current Trends/Issues/Challenges
  • Competition & Companies involved

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Aspirin Exacerbated Respiratory Disease Market: Segmentation

Tentatively, the global Aspirin Exacerbated Respiratory Disease Market can be segmented on Product Type, route of administration, End User and geography.

Based on Product Type, the global Aspirin Exacerbated Respiratory Disease Market is segmented as:

  • Glucocorticoids
  • Antihistamines
  • Aspirin desensitization

Based on route of Administration, the global Aspirin Exacerbated Respiratory Disease Market is segmented as:

  • Nasal
  • Oral

Based on distribution channel, the global Aspirin Exacerbated Respiratory Disease Market is segmented as:

  • Hospital pharmacy
  • Retail stores
  • Online Pharmacy

Based on Region, the global Aspirin Exacerbated Respiratory Disease Market is segmented as:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan and China
  • China
  • Japan
  • Middle East & Africa