Market Research Blog

Future Market Insights (FMI) delivers key insights on the global impact modifier market in its upcoming outlook titled, “Impact Modifier Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028”. In terms of value, the global impact modifier market is projected to register a healthy CAGR of 5.2% during the forecast period due to various factors, regarding which FMI offers vital insights in detail.

Future Market Insights’ published market report titled “Lipids Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028” examines the lipids market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of lipids is estimated to be valued at US$ 17.3 Bn by the end of 2018 and is expected to register a 4.3% CAGR over the period of 2018–2028. This report divulges the demand for lipids and its break-up on the basis of different type and applications.

Future Market Insights published market report titled “Oilfield Production Chemicals Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028” examines the oilfield production chemicals market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of oilfield production chemicals is estimated to be valued at US$ 2.4 Bn by the end of 2018 and is expected to register a 4.0% CAGR over the period of 2018–2028. This report divulges the demand for oilfield production chemicals and its break-up on the basis of different types and applications.

Increased consumption of Oilfield Production Chemicals in storage & transportation of crude oils, its production processes, growing drilling activities, and pursuing production from ageing fields is expected to push the sales in forecast period. Considering this, FMI has projected the global Oilfield Production Chemicals sales to reach a valuation of US$ 3,824.9 Mn by 2028.

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Future Market Insights presents a detailed analysis and delivers key insights on the global soil stabilization materials market in its latest report titled “Soil Stabilization Materials Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028”. The long-term outlook of the global soil stabilization materials market remains positive with the soil stabilization materials value pegged at over US$ 15.7 Bn in 2018. It is expected to reach US$ 29 Bn by the end of 2028, growing with a healthy CAGR of 6.6%. Among the segments by material type, the minerals & stabilizers segment is estimated to hold a dominant share in terms of value over the forecast period. Under the minerals & stabilizers segment, the lime sub-segment is expected to be at the forefront throughout the forecast period.

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However, the polymer segment is expected to grow with a relatively higher CAGR, with significant growth in value share. Among all regions, China is expected to dominate the global soil stabilization market throughout the forecast period with a healthy CAGR of 7.0%.  In this report, FMI sheds light on the drivers and restraints expected to impact the global soil stabilization materials market during the forecast period.

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

Key Takeaways

Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales

United States will continue to account for significant market share among all countries

Powdered form lactose will continue to outsell lactose in granule form

Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing

UK lactose to mimic broader consumer trends in Europe

Lactose market players in Japan and South Korea target novel applications

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“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.

In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.

In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

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Get Valuable Insights into Lactose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based nuggets 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 the Lactose Market on the basis of Form, has been classified into powder and granule. Based on end use, lactose market is segmented into food and beverage (bakery, confectionery and functional food), pharmaceutical, animal feed, cosmetics and personal care. In terms of derivatives Type, has been classified into Lactose Anhydrous, Lactose Monohydrate, Galactose, Lactulose, Lactitol, Other (tagatose, lactobionic acid). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Key Segment

Form

Powder

Granule

End Use

Food and Beverage

Bakery

Confectionery

Functional Food

Pharmaceutical

Animal Feed

Derivative Type

Lactose Monohydrate

Galactose

Lactulose

Lactitol

Other (tagatose, lactobionic acid)

Region

North America

Latin America

Europe

East Asia

South Asia

Middle East and Africa (MEA)

Oceania

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ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive coverage on the global shrink sleeve label applicator market.The study estimates the market to expand by 2% in 2021, with growing focus on food & beverage generating significant opportunities.

Furthermore, the pharmaceutical industry represents major expansion avenues, with prolific advancements witnessed in the generic drugs domain. Bulk of all generic drugs are produced in India, accounting for over a fifth of the global export volume. Consequently, shrink sleeve label applicator players are augmenting their footprint across the South Asian market.

Besides the widening prospects across the pharmaceuticals segment, opportunities also abound across the cosmetics & personal care domain, anticipated to create a significant boost through the upcoming forecast period. As per FMI’s projections, cosmetics and personal care applications generated over 10% of the revenue throughout 2020. Rising incidences of mislabeling and incorporation of undesirable ingredients are prompting government authorities to tighten cosmetic labeling standards so as to prevent any deleterious impacts on consumers upon usage. FMI anticipates the channel to chart a promising opportunities in the future.

Key Takeaways from the Shrink Sleeve Label Applicator Market Report

The shrink sleeve label applicator market is expected to grow at a CAGR of 4.4% from 2020-2030

The automatic applicators are expected to remain lucrative due to their easily operatable properties and time saving

The beverages industry will fuel demand for shrink sleeve labels owing to growing use in bottles and packaged drinks

South Asian countries will emerge as lucrative hubs for shrink sleeve label applicators through 2030

The high operational costs are expected to limit growth in the shrink sleeve label applicator market.

“Increasing demand for safe and durable labeling due to COVID-19 is expected to increase production of shrink sleeve label applicators in the market. Players are also putting efforts to develop cost efficient products,” says an analyst at FMI.

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Competitive Landscape

Increasing industrialization has fueled demand for packaging that has in turn increased the use of shrink sleeve label applicators in South Asia, allowing them to lead the market growth. Players are now focused on creating innovative equipments that improve effectiveness and are cost efficient.

In June 2017, Axon introduced a new shrink sleeve applicator that displays higher production and efficiency. It uses automation to increase the volume of production.

In January 2018, American Film and Machinery introduced shrink sleeve label applicator and LX-100 tamper band for low to moderate production rates.

Some of the key players in the shrink sleeve label applicator market are Pack Leader USA LLC, MPI Label Systems Inc., Shanghai Leadworld Machinery Technology Co. Ltd., Axon LLC, Quadrel Labeling Systems, Maurti Machines Pvt. Ltd. and Shanghai Keno Industrial Co. Ltd.

Valuable Insights into The Shrink Sleeve Label Applicator Market Report

Future Market Insights (FMI) has presented a detailed analysis on the shrink sleeve label applicator market along with an assessment for the years 2020-2030. In order to provide a better comprehension, the market is divided into various segments. On the basis of automation, the market is divided into semi-automatic and automatic. Based on the container diameter, the market is segregated into up to 50 mm, 50 to 100 mm, 100 mm to 150 mm and above 150 mm.

The market is segmented based on the labeling speed into up to 200 BPM, 200 BPM to 400 BPM, 400 BPM to 600 BPM and above 600 BPM. On the basis of end use industry, the market is divided into food, beverages, pharmaceutical, automotive, construction, chemical & fertilizers, cosmetics & personal care and other consumer goods. Based on the geography, the market is segregated into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa.

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Key Segments

Automation

Semi-automatic

Automatic

Labelling Speed

Up to 200 BPM

200-400 BPM

400-600 BPM

Above 600 BPM

Container Diameter

Up to 50 mm

50 to 100 mm

100 to 150 mm

Above 150 mm

End-Use Industry

Food

Beverages

Pharmaceuticals

Automotive

Construction

Chemical & Fertilizers

Cosmetics & Personal Care

Other Consumer Goods

Region

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East & Africa

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-6570

Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021.

As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers. This trend is creating opportunities for growth for plant-based butter manufacturers. Demand for plant-based butter can also be attributed to the growing consumer preference for clean-label, natural foods, which is pushing dairy producers to develop and launch vegan alternatives.

Key Takeaways

Global plant-based butter market to exhibit CAGR exceeding 7.5% through 2030

Soy-milk based butter held nearly 40% share in 2020

Online retail distribution to register relatively faster growth, aided by benefits in terms of consumer engagement

US to remain the largest market, pegging North America to surpass US$ 200 Mn in 2020

“The plant-based butter market is a nascent phase and is being increasingly viewed as a high-potential product in the dairy alternative industry, as a healthy alternative to conventional fatty food products, which will aid growth in the market for the foreseeable future,” says a FMI analyst.

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Covid-19 Impact Analysis

The covid-19 pandemic has resulted in substantial changes in the dietary preferences of consumers around the world. Concerns over transmission of the virus through animal based products has aided the adoption of plant-based alternatives.

Also, plant-based butter can be sourced from oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk among others, allowing for a wider flavor range. While demand from the food service sector is likely to drop owing to lockdown restrictions, home consumption with sales through online sales is expected to rise.

The prospects of the plant-based butter market has widened since early 2020. As per the Good Food Institute, sales of plant-based foods surpassed that of animal based alternatives since the advent of the crisis, and will continue through the forecast period.

Who is Winning?

The plant-based butter market is competitive and characterized by the presence of small and mid-scale players. Leading manufacturers are effectively leveraging demand for natural, clean label products, with the aim of geographic expansion and widening product portfolios for long term growth.

Some of the leading players in the plant-based butter market include Conagra Brands Inc., Upfield Foods, Miyoko’s Creamery, Wayfare Food, Prosperity Organic Food Inc., Lyrical Foods Inc., Califia Farms, Premier Organics, Naturli Foods, Ekogram-the real food, Wildfriend Foods, The J.M. Smuker Co., The Leaviet Corp., Milkadamia, among others.

More Valuable Insights on Plant-based Butter Market

In its new report, Future Market Insights provides detailed analysis of the global plant-based butter market covering historical demand from 2015 – 2019 and forecast data for 2020 to 2030. The study assesses growth projections on the market on the basis of source (oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk) and distribution channel (B2B and B2C), across 4 prominent regions.

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Key Segments

Source

Oat Milk

Rice Milk

Corn Milk

Soy Milk

Pea Milk

Almond Milk

Coconut Milk

Cashew Milk

Flax Milk

Hemp Milk

Others

Distribution Channel

B2B

Hotels

Restaurants

Cafes

B2C

Hypermarket/Supermarket

Convenience Stores

Specialty Stores

Mom and Pop Stores

Discount Stores

Food & Drink Specialty Stores

Independent Small Groceries

Online Retail

Others

Region

North America (U.S. & Canada)

Latin America (Mexico & Rest of LATAM)

Europe, Middle East & Africa

Asia Pacific (Greater China, South East Asia, Japan, India, South Korea, Australia, New Zealand)

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Dacryocystitis refers to inflammation of nasolacrimal sac caused by obstruction within nasolacrimal duct and subsequent stagnation in the lacrimal sac. It occurs normally with high incidence rates and treatment choice depends on the indication of dacryocystitis. Oral antibiotics targeting gram positive organisms, particularly antistaphylococcal agents for less complicated cases. However, systemic antibiotics should be considered in most complicated cases. For recurring infections, surgical evaluation should be done by ophthalmologists. Probing can be done as first-line treatment in chronic cases. Infections mostly occur in infants and in adults over the age of 40.

Dacryocystitis Treatment Market: Drivers and Restraints

Dacryocystitis treatment market is expected to witness high growth owing to rise in prevalence of eye infections. Increasing clinical research and subsequent new product launches is expected to fuel growth of dacryocystitis treatment market. Scientific advancements in the developed economies is expected to fuel the market growth of dacryocystitis treatment market. However, low healthcare expenditure is expected to hamper the future of dacryocystitis treatment market in developing economies. Less patient awareness regarding various treatment procedures may hinder the growth of dacryocystitis treatment market.

Dacryocystitis Treatment Market: Overview

The global dacryocystitis treatment market is estimated to grow steady over forecast years owing to increasing number of surgical procedures associated with nasal and eye infections. In treatment type, antibiotics segment is expected to contribute major market share the global dacryocystitis treatment market owing to higher use of antibiotic eye drops in majority of cases. Recently in 2017, National Eye Institute has done a study on evaluation and treatment of patients with corneal and external diseases such as dacryocystitis.

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Dacryocystitis Treatment Market: Regional Outlook

The global dacryocystitis treatment market is expected to be dominated by North America due to high product adoption rate. Latin America dacryocystitis market is expected to flourish due to increasing healthcare spending. Europe is expected to be the second most growing region in the global dacryocystitis treatment market due to extensive clinical research and technical advancements. Increasing healthcare infrastructure in developing countries may contribute to the growth of Asia dacryocystitis treatment market. Middle East & Africa is expected to be the least lucrative region in the Dacryocystitis treatment market due to least product adoption rate and standard diagnosis.

Dacryocystitis Treatment Market: Key Players

The key players operating in the global dacryocystitis treatment market are: Pfizer Inc., Abbott Laboratories, Glaxosmithkline Plc, Mylan Inc., Cipla Limited, FCI Ophthalmics, Aurolab, Kaneka Corporation, Gunther Weiss Scientific Glass, Bess Medizintechnik GmbH, and others.

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 Dacryocystitis Treatment Market:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

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Report on Dacryocystitis Treatment Market includes regional analysis:

North America (U.S., Canada)

Latin America (Brazil, Mexico, Argentina)

Europe (Germany, Italy, France, U.K, Spain, Russia)

East Asia (China, Japan, South Korea)

South Asia (India, ASEAN)

Oceania (Australia, New Zealand)

Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The report on dacryocystitis treatment market 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 market segments and geographies.

Dacryocystitis Treatment Market: Segmentation

The global dacryocystitis treatment market is segmented on the basis of Indication, Treatment, End user, and Region.

Based on indication, the global dacryocystitis treatment market is segmented as:

Acute

Chronic

Acquired

Congenital

Based on treatment type, the global dacryocystitis treatment market is segmented as:

Crigler Massages

Oral Antibiotics

Systemic Antibiotics

Surgery

Balloon Dacryoplasty

Nasolacrimal Intubation

Nasolacrimal Stents

Percutaneous Dacryocystorhinostomy Tubes

Endonasal Dacryocystorhinostomy Tubes

Based on sales channel, the global dacryocystitis treatment market is segmented as:

Institutional Sales

Hospitals

Ambulatory Surgical Centers

Eye Care Centers

Ophthalmology Clinics

Retail Sales

Hospital Pharmacies

Retail Pharmacies

Drug Stores

Online Pharmacies

Report on Dacryocystitis Treatment Market 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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Hexylene glycol is witnessing high demand in the personal care and cosmetics industry, since it is used as a surfactant, emulsifier, and viscosity reducing agent in several products. Moreover, growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2019-2029).