Market Research Blog – Page 14059 – New Product Development

Lecithin Market Expected to Grow at a CAGR of 6.7% During 2021-2031

Soy and egg yolk are considered to be the most common sources of lecithin. Major soybean-producing countries such as the United States, India, Brazil, and others have plenty of raw materials for lecithin producers.

Varied end user industries are displaying increased demand for naturally-derived lecithin. Manufacturers are focused on broadening their product portfolio, and increasing their R&D spending to introduce new products. According to FMI’s analysis, the global Lecithin Market reached a size of over US$ 1.1 billion in 2021. The market is further projected to expand at a CAGR of 6.7% over the forecast period of 2021-2031.

The consumer understanding of healthier lifestyles, and the demand for convenience foods, functional foods, and beverages is driving the lecithin market. The industry is also expected to benefit from the increasing demand for organic food products. With customers looking for food choices that promote weight loss and resolve calorie concerns, the lecithin market in developing countries is expected to grow significantly.

With emulsifier applications, lecithin prevents different interactions between fats and oils and other ingredients. Lecithin finds roles in boosting cardiac health, lowering cholesterol, and improving brain function pathways, among others. Further, choline derived from lecithin can help people with Alzheimer’s disease enhance their cognitive function.

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Egg lecithin is widely used in the pharmaceutical and cosmetic industries. It is considered safe for use by the FDA. As a result, the widespread use of lecithin in the pharmaceutical industry would also fuel global demand for lecithin.

Lecithin has also proven to display a number of skincare benefits, including colour and texture of the skin. High levels of antioxidants and natural moisturiser characteristics drive incorporation in a variety of cosmetic products.

Key Takeaways from Lecithin Market Study

Soy-based lecithin will account for major market share owing to an abundance availability of soy as raw material
Food processing applications will reflect strong growth owing to scope of multiple processes in the sector
Lecithin demand to surge in America, enabling the U.S. account for over 75% of sales in 2021
The U.K. emerges as key lecithin market in Europe, exhibiting 3.7% y-o-y growth in 2021
Increasing focus on natural ingredients, especially in food, cosmetics, and pharmaceutical industries will fuel demand in Germany and France
China will emerge as a lucrative market in East Asia owing to high soy production and consumption

“Several manufacturers are responding to the growing demand for lecithin by developing new, high-quality products for a wider consumer demographic. Major players invest heavily in research and development efforts, resulting in the influx of new offerings in recent years, all of which have increased sales,” – said a lead analyst at FMI

Application of Lecithin in Pharmaceuticals Opens Niche Opportunities

The growing use of lecithin in pharmaceutical companies has created a huge market for associated products. The pharmaceutical industry is seeing a rise in the use of phospholipid, which is a key component of fractionated and highly purified lecithin.

It is valued for its use as a scientific excipient in the manufacture of pharmaceuticals. The natural phospholipid is favoured over synthetic alternatives owing to ease of use, low cost, and regulatory acceptance. Because of the nutritional benefits associated with lecithin, it is used in protein supplements and infant formulas.

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Who is winning?

Some of the key players operating in the Lecithin market are, Lecio Gmbh, Archer Daniels Midland Company, VAV Life science Pvt. Ltd., Sonic Biochem, American Chemie Inc., Americal Lecithin Company, Fishmer Lecithin, Lasenor Emul, Sodrugestvo Group, Kewpie Corporation and other players.

Strengthening partnerships in high growth regions and product innovation to meet evolving consumer demand for natural and plant-based ingredients in food products are factors boosting demand in the lecithin market.

Leading players in the lecithin market are focused largely on widening their product portfolios in addition to seeking strategic partnerships for regional production and distribution objectives by market leaders.

Get Valuable Insights into Lecithin Market

Future Market Insights, in its new report, presents an unbiased analysis of the Lecithin, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the Lecithin Market based on product type, has been classified into Fluid, De-oiled, Modified. Based on the source, the Lecithin market is segmented into Soy, Sunflower, Rapeseed, Egg and Others. In terms, the application has been classified Food, Pharmaceuticals, Cosmetics, Animal Feed, Nutraceuticals and Others. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Pulse Ingredients Market Expected to Grow at a CAGR of 5.2% During 2022-2032

The global pulse ingredients market size is expected to reach US$ 3.06 Bn by the end of 2032. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.2% CAGR between 2022 and 2032.

According to the report, the rising demand for organic and natural products will stoke growth in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

It includes in-depth insights into the pulse ingredients market. Some of these are:

The estimated value of the market was at US$ 1.84 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
The Asia Pacific pulse ingredients market is driven by the rise in disposable incomes, urbanization, and expansion of the food & beverage industry.
The Asia Pacific region is backed by major revenue generating countries such as China and India.
Peas segment is projected to dominate the pulse ingredients market during the forecast period.
Key players are likely to focus on product innovations to stay relevant in developed markets.

“Pursuit for new ingredients in bakery products have contributed to an increased usage across North America,” said a lead analyst at FMI.

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Given Increased Consumer Awareness of Gluten Free Bakery Goods, Changes in Consumer Preferences due to COVID-19 Outbreak will Effect Development

Pulse flour is obtained from milled or dried pulses that are processed for use in various baking products including breads, rolls, cookies, and muffins. Because of its gluten-free quality and ability to improve the texture and shelf life of food it is used as a versatile food ingredient.

The pulse flour is used as an alternative to rice and wheat flour in various cuisines. For baking products and the snack industry, these types of flours are commonly used to improve nutritional, protein and flavor content of the products.

Owing to the close relationship between economic activity and demand for crude oil and refined products, widespread viruses usually carry downside price pressure for energy commodities. This is particularly true when an economy the size of the China is participating in the sphere of influence.

The quickly spreading COVID-19 has disrupted economic activity and devastated the stock market, but prices of critical goods are on the rise on the futures market.

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Who is Winning?

Most of the companies are involved in various strategic initiatives to strengthen their market presence and gain a competitive edge in the value chain.

Global pulse flour market share is fragmented including Ingredion, ADM, Bunge, The Scoular Company, Best Cooking Pulses, AGT Food & Ingredients, Diefenbaker Spice & Pulse, CanMar Grain Products, Parakh Agro Industries, Blue Ribbon, EHL, Bean Growers Australia, Great Western Grain, SunOpta and Ganesh Grains are fragmented global market share.

Get Valuable Insights into Pulse Ingredients Market

Future Market Insights, in its new report, presents an unbiased analysis of the global pulse ingredients 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. The global pulse ingredients market is segmented on the basis of type, source and application.

On the basis of the type the market is segmented into pulse flours, pulse starches, pulse proteins, and pulse fibers & grits. On the basis of the source the market is segmented into peas, beans, chickpeas and lentils. On the basis of the application the market is segmented into food & beverages, feed and other applications. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA

Almond Ingredients Market Expected to Grow at a CAGR of 10.3% During 2022-2032

The global almond ingredients market size is expected to reach US$ 33.43 Bn by the end of 2032. A recent study by Future Market Insights (FMI) forecasts that the market will exhibit impressive growth at a CAGR of 10.3% between 2022 and 2032. According to the report, the rising demand for healthy and nutrition rich products is boosting the almond ingredients market. The report offers an exhaustive market overview, providing insights into prevailing trends and future scenario. It also contains various data and graphs to support information compiled within.

It includes in-depth insights into the Almond Ingredients market. Some of these are:

The estimated value of the market was at US$ 12.6 Bn in 2022. Through the course of the report’s forecast period, the market is likely to rise at a remarkable pace of growth
Regionally, North America holds dominant share in the market.
Europe and Asia are expected to emerge as attractive markets for almond ingredients.
Due to coronavirus outbreak consumers are more inclined towards healthy food and turning into health-conscious diets. This will surge the demand in the almond ingredients market during the forecast period.
Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets.

“Rising demand for nutritious food and almond based snacks in Europe, besides reduction in price of almonds in the U.S. will aid the overall expansion of the almond ingredients market amidst the prevailing scenario,” said a lead analyst at FMI.

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Increased Consumer Inclination towards Healthy Food and Snacks to sustain during the Extended Period of Lockdown will Fuel Demand

Consumers are now focusing on nutrition rich products to stay healthy and fit. Almond ingredients are often found in dietary supplements since they are rich in antioxidants and are naturally conserving additive. This is a key factor fuelling the demand for almond ingredients. The rising demand for natural and low-sugar ingredients is also driving the almond ingredients market. Almonds are rich in minerals, proteins and fibres and are associated with many health benefits such as controlling blood pressure and sugar level in human body. Because of these health benefits, they are often included in snacks and comfort food items. Therefore, the surging sales of snacks and comfort food as consumers stockpile on essential commodities to sustain themselves during lockdown periods amidst COVID-19 outbreak will benefit the market.

Who is winning?

Some of the leading players operating in the Almond Ingredients market Archer Daniels Midland Company, Olam International Limited, John B. Sanfilippo & Son, Barry Callebaut Group, Blue Diamond Growers, Borges Agricultural & Industrial Nuts, The Wonderful Company, Döhler GmbH, Royal Nut Company, Kanegrade Limited and others. In order to capture a larger market share, key market players are adopting various initiatives and adopting strategies such as entering into partnerships, engaging in mergers and acquisitions and maintaining competitive pricing.

In October 2018, Döhler GmbH acquired Nutrafood. The aim behind the acquisition was to expand the product portfolio as well as to increase the production capacity of nut segment.
In 2019, Olam International Limited acquired Hughson Nut Inc. for expanding their business footprints in East Asia and Europe as well as to increase the production capacity of almond ingredients to fulfill the consumers rising requirements.

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Get Valuable Insights into Almond Ingredients Market

By Type :

Whole Almonds
Almond Pieces
Almond Flour
Almond Milk
Other types
Sablages
Almond oil
Crocants
Flavor extracts

By Application :

Snacks
Bars
Bakery
Confectionery
Milk substitutes & ice creams
Nut & Seed butter
RTE Cereals
Salads
Sauces
Artisan foods
Food services
Other processed foods
Cosmetic applications

By Region :

North America
Europe
Asia Pacific
Latin America
Middle East
Africa

About the Food & Beverage Division at Future Market Insights

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

Taste Modulators Market Expected to Grow at a CAGR of 5.1% During 2022-2032

The global taste modulators market size is expected to reach US$ 1.9 Bn by the end of 2032. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.1% CAGR between 2022 and 2032.

According to the report, rising demand for low-calorie foodstuffs from health-conscious customers while maintaining the original taste provides a lucrative opportunity for this industry. Flavor modulation components are commonly used for improving sweetness, reducing salt, blocking bitterness and increasing mouth feeling. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

It includes in-depth insights into the taste modulators market. Some of these are:

The estimated value of the market was at US$ 1.2 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Geographically, the global taste modulators market is segmented into Asia-Pacific, North America, Europe, South America, and RoW. Among all the regions, North America is the largest region of the taste modulators.
It is estimated to be a rapidly growing market for taste modulators owing to the increase in some people suffering from obesity and diabetes in the region. Growth in awareness about these health conditions has resulted in a shift toward healthier alternatives for sugar. This is likely to drive the market for taste modulators in this region.
The Asia-Pacific offer lucrative opportunities to the taste modulators market in the upcoming years. Due to the increase in meat consumption, population growth, and a rise in awareness about healthy & nutritional food products.

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“Rising consumption of low-calorie, low-fat foods and the increasing prevalence of diabetes and obesity have resulted in increased demand for taste modulators. Product innovation carried out by leading companies to cater to the changing consumer preference will enable growth in the market,” said a lead analyst at FMI.

Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Asia Pacific is expected to hold the largest share in the forecast period due to increased consumer demand for healthier products and increased consumption of low-fat & low-calorie quality foods. In addition, the rise in the number of people with diabetes in the Asia Pacific region would drive the highest growth over the projected period. APAC is experiencing a strong demand for taste modulators due to increased consumption of meat, population growth and increasing awareness of nutritious and balanced foods.

Rising population along with growing economic standards has led to increase in food service spending. Coronavirus outbreak had a considerable impact on consumption pattern of buyers. This will invariably impact growth forecasts for the market. Strong visibility of corona control cases, dropping incremental accidents and rising disease spread. Although government and central bank interventions will serve as palliatives, currently scared stock markets may want to evaluate the potential harm to economic activity and demand, and that will only become apparent until there has been a meaningful improvement in the corona situation.

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Who is winning?

The major players operating in the global taste modulators market are Kerry Group plc., Koninklijke DSM N.V., Ingredion Incorporated, Symrise AG, Sensient Technologies, Givaudan SA, Firmenich S.A., International Flavors and Fragrances, The Flavor Factory, Carmi Flavor and Fragrance Co. Inc., Flavorchem Corporation, and Senomyx, Inc. among many others.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations. Company are investing in research and development to launch unique and innovative products of taste modulators.

In 2015, Kerry Group acquired Red Arrow Products, Island Oasis and Biothera Inc.’s for US$ 735 Mn. The aim behind the acquisition was to expand the product portfolio in taste and nutrition segment.
In 2017, Sensient Technologies launched taste modulation and protein masking solutions. By using this solutions, manufacturers of ports drinks, diet shakes or snack bars can enhance the taste of their products by removing off notes as well as improving the unpleasant taste that few proteins display.

Get Valuable Insights into Taste Modulators Market

Product Type

Sweet Modulators
Salt Modulators
Fat Modulators

Application

Dairy Products
Bakery Products
Confectionery Products
Meat Products
Snacks
Savory
Alcoholic Beverages
Non-Alcoholic Beverages

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

Pet Food Processing Market Expected to Grow at a CAGR of 5.1% During 2022-2032

The pet food processing market is anticipated to rise at a CAGR of ~5.1% between 2022 and 2032, Future Market Insights foresees stable growth for the market. Increasing demand for food enhancers from pet food processing industry mealtime is the happiest time for pets, and each pet owner tries to give their pet a nutritious dinner containing great flavour.

pet food processing market size is estimated to be valued at USD 5.0 Billion in 2022 and projected to reach USD 8.4 Billion by 2032, which record a CAGR of 5.3% during the forecast period from 2022–2032.

Key variables urging owners to raise pets are social solace, security, organization, and the tasteful sense offered by pets. An increasing number of pet owners has led to a subsequent rise in interest regarding pet nourishment. The aforementioned reasons are the significant reason fuelling the market demand for pet food processing market.

Key Takeaways from the Pet food processing Market Study

Advent of newer technologies and increasing attention to clean label product development will enable growth in pet food processing market. In addition to this, leading manufacturers are now focusing on strengthening their distribution and supply base in order to ensure that products are easily available to their target customers. This is expected to bode well for the market in the coming years.
The dog food segment is projected to account for the largest share in the global pet food processing market. The increasing population of dogs and the rising trend of pet humanization have encouraged dog owners to accept them as companions, which is projected to drive the demand for premium dog food
The key players operating in this pet food processing market are focusing to expand their presence globally through acquisition and collaboration with domestic and regional players.
Key players are also focusing on expanding their global footprint by launching new products related to pet food. In addition, Tier -1 players are investing in research and development activities and continuously monitoring their product offering in order to offer an excellent quality of product.
Despite changing consumer attitude, supply-chain disruptions could hamper the growth of the market. Restrictions imposed on movement of raw material is causing delay in production. This could have negative impact on the market.

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Increasing Social Media Exposure Supports Growth

The increasing use of social media has made consumers more aware about recent launches in the pet food processing market and the products that offer the necessary nutrition for pets at different life stages. Moreover, social media has increased consumer awareness regarding products from other countries, which are now becoming easily available.

This has helped pet food processing products that contain dehydrated fruits and vegetables gain immense traction in the United States of America. Thus, manufacturers have started investing in expansion of their businesses in the country as well as overseas.

“ Pet food processing market is gaining strength from growing demand for functional food, increase customer base and sales through expansion of e-commerce platforms. Moreover, developing clean label pet food processing products is a major focus of market players. This is expected to create growth opportunities for the market in the near future” says an FMI analyst.

Use of Innovative Packaging to Lure Customers into Purchasing

Appearance of products has become a major factor, along with their quality and taste that determines sales. The appearance of a product on the shelves in hypermarkets/supermarkets, convenience stores, and on e-Commerce platforms has proven to increase the chances of consumers buying products.

This has urged companies to increase their investments in innovative packaging solutions. For instance, several companies are using recyclable boxes for the packaging of their pet food processing offering. This is intended to make their pet food processing products more attractive to consumers, thereby increasing sales of the same.

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Who is Winning

Some of the market players profiled in the report are Precision Food Innovations, Mepaco Group, F.N. Smith Corporation, Reading Bakery Systems, Andritz Group,Buhler Holding AG, The Middleby Corporation, GEA Group,Gold Peg International, Fusion Tech Integrated, Inc. and others leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

In 2021, Mepaco Group offers sanitary design food processing equipment to the meat and poultry industry with a focus on regulatory compliance, safety and profitable yields.
F.N. Smith Corporation has been launched new mixers, conveyors, extrusion dies, and cutting assemblies to meet the most demanding requirements. This equipment has gone on to manufacture canned food, dry mix, semi-moist, and treat products.

Impact of COVID-19 on pet food processing market

Pet food processing market has been affected by the outbreak of coronavirus. According to FMI, the market will recover in 4th quarter of 2022.

Border closures, quarantines, and supply chain and trade disruptions could restrict people’s access to sufficient/diverse and nutritious sources of food, especially in countries such as U.S, China and Italy, which are hit hard by the virus or already affected by high levels of food insecurity. Due to restriction on movement, and the basic aversion behaviour by workers, the market may suffer.

Key Research Findings:

Get Valuable Insights into Pet Food Processing Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Pet food processing market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

By Product Type :

Mixing & Blending Equipment
Forming Equipment
Baking & Drying Equipment
Cooling Equipment
Others

By Form :

Dry Food
Wet Food

By Application :

Dog food
Cat food
Fish food

By Regions :

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

Carbon Steel Market projected to showcase above 4% CAGR between 2030

The carbon steel market size in 2020 has reached close to US$ 770 Bn. According to a recent study by Future Market Insights (FMI), the carbon steel market is forecast to rise at a CAGR of 4.9% between 2020 and 2030. The report is intended to offer an executive-level blueprint of the market to its stakeholders. It studies the growth trajectory and gauges investment feasibility across key segments.

According to the report, the carbon steel market is operating in an environment where lot of waste is generated and a huge amount of energy is consumed. The steel industry is efficiently reducing the waste through waste recovery technologies and through recycling, which has been aiding environmental causes.

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The industry has adopted efficient fabrication and manufacturing process, which is reducing the energy consumption. Carbon Steel manufacturers are no longer overheating or overcooling the rolling mills allowing them to manufacture products more efficiently by consuming less energy. Steps taken towards cautious manufacturing had bode well for the market.

However, despite their efforts, the ongoing COVID-19 crisis has caused deceleration in the industrial production and disruptions in supply chain for 3 quarters of 2020. Growth recovery in the upcoming years will be backed by the increasing demand from downstream industries such as automotive, construction, and heavy engineering & equipment will drive the carbon steel market.

Key Takeaways of Global Carbon Steel Market Study

Globally, the demand for energy efficient and low carbon neutral buildings is increasing. Carbon steel is an affordable and safer solution, which provides high strength, versatility, durability and full recyclability throughout the entire life cycle of buildings

Carbon Steel manufacturers are improving its blast furnace technologies by taking full advantage of the converter slag of steelmaking by-products and improving the permeability of the blast furnace. All these factors have led to decrease in the steel manufacturing cost

Construction industry is forecast to remain dominant end user through the forecast period. The global construction growth is expected to be 3.9% pa by 2030, as per a study by Oxford Economics, which will aid the overall expansion of the market

25% increase on steel tariffs derivative steel has increased the USA’s domestic steel production. Manufacturers are therefore on the process of implementing and enhancing production capability so as to meet the end-user’s increasing demand

The global carbon steel market is expected to witness a plunge in FY2020, and is expected to recover sharply in the subsequent year as the industries across regional hubs have started resumption and augmentation of production and supply operations

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“Carbon steel is used by a wide gamut of industries, which has been aiding expansion of the market despite oversupply recorded in the steel industry. Despite nose-dive growth during ongoing pandemic, the market is forecast to recover especially as leading companies move towards consolidation keeping expansion in their mind,” says FMI analyst.

Who is Winning?

The carbon steel market is fairly consolidated, with manufacturing capacities majorly concentrated among tier-I manufacturers. While local tier-2 and tier-3 manufacturers present a stiff competition, tier-1 players leverage their distribution network and brand image in dominating the market space. Some of the key players in the market are Nucor Corporation, ArcelorMittal, United States Steel Corporation, Baosteel Group, AK Steel Holding Corporation, EVRAZ, Hesteel Group, POSCO, Thyssenkrupp AG, JFE Holdings Corporation, etc amongst many others amongst many others. Market players have been focusing on strategic expansion and acquisition of manufacturing facilities. This strategy would help companies to expand into new markets to withstand in competitive environment.

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Coil Assisted Flow Diverters Market Demand, Scope and Future Estimation until 2030

Coil Assisted Flow Diverters Market Overview

Coil assisted flow diverters is a novel adjunctive intrasaccular stent designed for application with embolization coils for the treatment of aneurysms.

Coil assisted flow diverters are made of super visible braid elastic matter, and is less restrictive due to the independent maintenance of coil within the aneurysm sac, without the need of parent vessel stabilization.

Coil assisted flow diverter is available as Neqstent coil assisted flow diverter by Cerus Endovascular. Brain Aneurysm Foundation has stated that 6 million people in the U.S are affected with an un-ruptured brain aneurysm and 30,000 are affected with brain aneurysm rupture.

The flow diversion of coil assisted flow diverter functions with embolization coils for aneurysm sac stabilization and healing. It also possesses mesh braid of contour neurovascular system, with memory properties, self-anchoring, stabilizing and less restricting sizing with the help of high precision re-sheathable placement into the aneurysm sac neck.

Coronavirus and lockdown have impacted the global coil assisted flow diverters market by restricting the movement of patients to hospitals and pharmacies for regular visits and diagnosis. Although, lesser impact has been observed in the emergency cardiovascular procedures.

Global coil assisted flow diverters is poised to grow lucratively due to the surging cases of aneurysms including brain and aortic aneurysms, with advancing stent technology.

The advanced features of coil assisted flow diverters can treat wide-neck aneurysms and coiling wide-neck aneurysms, which are otherwise difficult to treat with open brain surgery.

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Coil Assisted Flow Diverters Market: Drivers and Restraints

The global market drivers of coil assisted flow diverters to include the advanced features of coil assisted flow diverters that allow accessing the untreatable wide-neck brain aneurysm making it is highly accepted by health practitioners.

Also the active research clinical trials success rates and approvals are driving the coil assisted flow diverter market growth. Coil assisted flow diverters are effective minimally invasive safe for anti-platelet therapy and thromboembolic complications and reliable for the closure of aneurysm.

Hospitals clinics and ambulatory surgical centers along with the improved healthcare infrastructure and expenditure growing awareness and government supports are have consolidated the coil assisted flow diverter sales.

However certain restraints restrict the growth spurt of global coil assisted flow diverters market including periprocedural stroke and deaths reported in the poorly selected patients or with procedures.

FDA has issued safety measures and recommendations for the apt use of coil assisted flow diverters for un-ruptured brain aneurysm treatment. Also high cost sophisticated surgical procedures of coil assisted flow diverters and the dearth of skilled professionals are also decelerating the market.

Although the overall global coil assisted flow diverters market is expected to grow with its high acceptance demands government’s support and future approvals.

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Coil Assisted Flow Diverters Market: Overview

The global coil assisted flow diverters market is expected to grow lucratively with its advanced features acceptance by healthcare professionals government favorable policies active research and approvals.

By application type wide-neck bifurcation dominates the coil assisted flow diverters’ applications because of its elasticity to fit within the narrow neck of the Wide-neck aneurysm which is otherwise un-accessible to surgical clippings.

By distribution channels hospitals rules the domain of coil assisted flow diverters market with dedicated research and treatment facilities skilled surgeons and availability of the coil assisted flow diverters.

Coil Assisted Flow Diverters Market: Key Players

The key players of global coil assisted flow diverters market include

Medtronic
DePuy Synthes
Stryker
MicroPort
OBEX Medical
Abbott
Cardiatis
ADMEDES
Penumbra Inc. and Balt.

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.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Indication
Value Chain

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Report Highlights:

Detailed overview of 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

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Tint Glass Market to Reflect 6.6% CAGR on the Back of Smart Glass Innovations: FMI Study

The growth of the global market for tint glass has dipped significantly in 2020, owing to the impact of the coronavirus pandemic. Restrictions on construction activity and automobile production, in addition to changes in consumer behavior, with increased purchases of essential has hampered the short-term scope of growth for the tinted glass market.

As per Future Market Insight’s, tint glass market research, global revenues are expected to reflect 6.6% CAGR for the assessment period between 2020 and 2030. According to its latest report the market is likely to gain impetus from the incorporation of smart glass technologies and major investments into the commercial real estate sector.

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The tint glass sector is expected to display healthy growth throughout the assessment period, with the adoption of smart glass and laminate tech, and the widespread use of glass for aesthetics in construction.

On the other hand, volatility of raw material supplies and prices, and strict laws against the use of tinted glass, especially on automobiles could potentially hinder market growth in the long term.

The report published by FMI encompasses an exhaustive overview of the market, covering essential dynamics of the tinted glass industry. Some key takeaways include:

The tinted glass market size was valued at over 18.5 billion in 2019, with growth diminishing substantially during the coronavirus pandemic, owing to lockdown restrictions on the global automotive and construction sectors.
Building and construction industry applications of tint glass are major contributors to market revenues, supported by demand for glass facades in commercial construction, in addition to favourable government regulations on energy efficient construction technologies.
Tint glass products with 6mm thickness is reflecting substantially higher tinted glass market share in comparison to 3mm, 4mm, and 5mm, 8 mm 10mm, and 12mm options. However, 8- and 10mm products are also expected to display a sharp rise through 2030.
East Asia will remain a prominent market for tint glass, with lucrative opportunities arising from the major automotive production facilities in the region. Also, the establishment of tint glass production facilities by international players, to leverage low labour costs will benefit the market.

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“Tech innovations, including sustainable alternatives such as bio-based tint films, in addition to higher purchasing power is aiding market growth. Also, rising consumer awareness about the benefits of tinting films in automobiles will boost tint glass consumption for the foreseeable future,” stated a lead analyst at FMI.

Covid-19 Effect on Tint Glass Market

The rapid spread of the coronavirus pandemic coupled with the resultant lockdown regulations imposed by governments has had a largely adverse impact on the tint glass market. Consumers are more inclined to focus their disposable incomes towards essential commodities, reducing short term demand.

Further, the lockdown restrictions on the manufacturing, automotive and construction sectors have had a significant impact on vehicle production and building activities further limiting demand. The tinted glass industry also continues to face challenges from the tariff wars between the US and China, which compounds the effects of the pandemic.

However, the market is likely to display a steady recovery towards 2021, as restrictions by governments are relaxed with the objective of limiting the strain on national and global economies gains importance.

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Who is Winning?

In a new report, Future Market Insights has provided detailed analysis of the varied business strategies being used by participants in the tint glass market. Leading players are largely focused on investing their resources towards strategic collaborations and product launches to consolidate position in a fairly fragmented landscape and to expand their portfolios.

Some of the more important players in the tint glass market include AGC Inc., Saint Gobain, Vitro, Guardian Glass LLC, Xinyi Glass Holding Ltd., Kinestral Technologies Inc., and Qingdao Vatti Glass Co. Ltd., among others.

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Excessive daytime sleepiness Market Revenue Growth Predicted by 2030

Excessive daytime sleepiness Market Overview

Surging Cases of Excessive daytime sleepiness, Advancing Healthcare and Research to rocket the Excessive daytime sleepiness Market.

Excessive daytime sleepiness or Hypersomnia is a sleep disorder of persistent sleep during daytime. Excessive daytime sleepiness is caused by sleep deprivations due to obstructive sleep apnea (OSA), Narcolepsy and other sleep altering/depriving habits, medical or psychiatric conditions.

Narcolepsy is a neurological condition of long term reduced regulation of the sleep-wake cycle and OSA is caused by airway blockages. According to the National Sleep Foundation, 40% of the global population is coping with Excessive Daytime Sleepiness.

Excessive daytime sleepiness is diagnosed with daytime excessive sleepiness, low energy, and frustration. Therapeutic Drugs includes stimulants, anti-depressants, Amphetamine salts and Sodium oxybate.

Devices such as continuous positive airway pressure (CPAP) machine are used for Excessive daytime sleepiness therapies and Nocturnal polysomnography, polysomnography and other devices are used for Excessive daytime sleepiness diagnostics.

Coronavirus and lockdown has propelled the global excessive daytime sleepiness market by the economic crisis, work-from-home stress and disrupted circadian cycle has surged the excessive daytime sleepiness market. The devices for OSA, including CPAP, BiPAP devices and special ventilators were deliberated with massive production to meet the unprecedented demands of increasing Coronavirus patients.

The overall global market of Excessive daytime sleepiness market is growing at lucrative rate.

Excessive daytime sleepiness Market: Drivers and Restraints

The drivers of global excessive daytime sleepiness market include increase of population, awareness, healthcare expenditure diverse drug array and Government reimbursement policies. The advancing R&D and technology of manufacturers and academics rocket the excessive daytime sleepiness market by developing novel therapeutics and unraveling the pathogenesis.

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Several targeted drugs and devices for Excessive daytime sleepiness diagnosis and therapies are in pipelines and clinical trials to hit the market. However, the global excessive daytime sleepiness market is constrained by stringent drug regulations of the government, lack of acceptance of OSA masks and wearable because of their discomfort and higher cost.

Although the advancing technologies are propelling the global excessive daytime sleepiness market and open the vast horizon of opportunities of future growth, coupled with the emerging telemedicine technology and mobile health with improved convenience of treatment with the facility of video visiting sleep doctors.

Excessive daytime sleepiness Market: Overview

The global Excessive daytime sleepiness market is expected a growth revamp driven by the increasing Excessive daytime sleepiness disorders, therapy demands and the advancing R&D. By Diseases, OSA dominates the market of excessive daytime sleepiness market with its giant market of devices and drugs.

The segment of Narcolepsy is expanding at a faster pace. By treatment, devices for excessive daytime sleepiness market rules the segment with its diverse and massive market of masks, wearable sleep trackers, cushions, Positive Airway Pressure Devices, CPAPs and others.

The segment of Therapeutic drugs is growing at a faster pace of sodium oxybate market. By Distribution channels, Hospitals and sleep centers occupy the largest segment of excessive daytime sleepiness market, propelled by the advanced diagnostics, precision therapies and government reimbursements.

The Home Care Settings segment is growing at a faster rate with affordability and comfort.

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Excessive daytime sleepiness Market: Key Players

The key players of global excessive daytime sleepiness market include

Teva Pharmaceutical Industries Ltd.
GE Healthcare
Jazz Pharmaceuticals
Compumedics
Fisher & Paykel Healthcare
BIOPROJET
BMC Medical Co. Ltd.
Avadel Pharmaceuticals plc
Cadwell Laboratories Inc. Ltd
GlaxoSmithKline plc
Braebon Medical Corporation
Pfizer
Becton Dickinson
Theranexus
LivaNova PLC and Merck & Co.

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.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Indication
Value Chain

Report Highlights:

Detailed overview of 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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Crotonaldehyde Market Revenues to Grow at 4.2% CAGR to Reach US$ 535 Mn by 2030: Study

Future Market Insights (FMI) projects that the global crotonaldehyde market will grow in value at a CAGR of 4.2% between 2020 and 2030. As consumers seek ready-to-eat and packaged food products owing to hectic lifestyles across the world, the requirement for preservatives such as sorbic acid is poised to remain high, subsequently driving the demand for crotonaldehyde. Crotonaldehyde is gaining prominence in the leather tanning and rubber processing applications, which are expected to channel a significant portion of revenue to the market.

In the recent past, the demand for food additives such as preservatives and antimicrobial agents has witnessed a significant upsurge, owing to increased consumption of packaged food products. On a broader scale, the global food industry is under tremendous pressure to cater to the increasing demand for food, due to the growth of the population, and is employing various techniques to achieve the same.

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Key Takeaways

The global crotonaldehyde market is poised to surpass a valuation of US$ 535 Mn by 2030
By application, the chemical intermediate segment is poised to hold the lion’s share in the market value, accounting for over 2/3rds of market share.
Based on end-use, the rubber processing segment is forecasted to channel the majority of revenue, representing a share of over 45% in global value.
East Asia will retain dominance over the regional landscape, accounting for a share of little less than 40% of market value backed by the presence of flourishing chemical industry and easy availability of raw materials.
North America & Europe will collectively account for more than 40% of the market share owing to the presence of major market players.

“Market players are focusing on improving the product mix and are providing customized & tailored products to meet the customer-specific requirements,” remarks FMI analyst.

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COVID-19 Impact

The market is expected to witness the negative effects of COVID-19 pandemic. The outbreak of COVID-19 has brought the overall chemical sector to a curt halt and the crotonaldehyde market is no different. Early in 2020, several nations announced lockdowns, compelling manufacturers of non-essential goods to shut down plants and operations. As a result, the demand for crotonaldehyde in rubber processing, leather tanning, paints and coatings, and other applicants beheld a steep decline. However, the situation in East Asia, the most lucrative region, is gradually returning to normality, alleviating the long-term economic impact to an extent.

Who is Winning?

Crotonaldehyde manufacturers are focusing on widening their profit margins by customizing their existing product portfolios, while also reducing the operational costs. By the same token, acquisitions and expansion of manufacturing capabilities have also been identified as key growth strategies On these lines:

In April 2020, Celanese Corporation announced the acquisition of all of Nouryon’s Europe and Asia re-dispersible polymer powders business. In the year preceding it,
Celanese Corporation also expanded its Methanol production to 1.7 Mn Tons per annum at their plant in Pasadena, Texas, USA.

FMI’s report includes profiles of some of the most prominent names in the market including Celanese Corporation, Godavari Biorefineries Ltd., Nantong Acetic Acid Chemical Co., Ltd, Finetech Industry Limited, Central Drug House, Haihang Industry Co., Ltd and Tokyo Chemical Industry Co., Ltd amongst others.

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