Market Research Blog

Plant-based burger market is witnessing a spike in demand, which is expected to continue post pandemic according to a recent report published by Future Market Insights (FMI). Although the pandemic has hit production and supply chains across the world, the global plant-based burgers market has managed to attract demand from consumers says FMI.

The global plant-based burgers market is poised to witness extraordinary growth with CAGR of above 22% for the forecast period 2020-2030, according to FMI. Though plant based burgers were originally developed with vegan and vegetarian consumers in mind, many others are also joining in the ongoing trend. The concepts like ‘flexitarians’ and similar others are gaining traction owing to concerns for health as well as eco system.

Furthermore, animal borne diseases such as COVID-19, SARS, bird flu and many others are pushing more people towards plant based food products. The magnitude and intensity of novel Corona virus is making consumers opt for healthier food substitutes with high nutritional value.

Plant based burgers are made as replacement of regular animal meat burger, using plant ingredients and natural sources without compromising the benefits, but attempting to reduce the drawbacks. These greener and healthier alternatives to the existing food choices are gaining momentum in the market post the onset of COVID-19 suggests report.

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Some of the key takeaways from the report are as follows:

• Europe to continue as the largest market in terms of market size throughout the forecast period
• Plant based beef is identified as the most lucrative product in the segment
• Brands in the food and beverages industry looking to partnering with plant based food companies to expand reach
• HoReCa (food service sector) to emerge as the largest distribution channel throughout forecast period
• East Asia and Latin America to achieve highest growth by the end of forecast period 2020-2030

“As the demand for plant-based burger continues to grow, market players are aiming at innovating packaging and storage solutions to ensure nutrients in their products remain intact for a longer period. They are even forging partnerships with several leading names in food chains to ensure they have a widespread footprint” says analyst at FMI.

COVID-19 Impact on Plant Based Burgers Market

COVID-19 pandemic has impacted life and business since its advent. The lockdowns imposed by the governments to reduce the impact of the pandemic has brought businesses across the world to halt. Many businesses incurred heavy losses owing to the shutdowns in the production. However, plant based food was one particular industry which saw a spike in growth amidst all the uncertainty caused by the pandemic.

This growth could be attributed to the fear in people’s minds because of the animal borne disease such as COVID-19. As the impact of the disease grew stronger, the growth in the sales of healthy and nutritious plant based meat substitutes saw exponential increase. Lockdown imposed in March 2020 saw one of the biggest spikes in sales of plant based meat substitutes in regions including Europe, North America, Latin America and others.

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Who is Winning?

Companies are looking at mergers and acquisitions as the key strategy to gain advantage over the competitors in the market.

Many popular brands in the food and beverages industry are partnering with plant based food companies to reach out to the vegan, vegetarian and flexitarian community.

For instance, fast food giants such as burger King, McDonalds and many other popular restaurant chains are partnering with popular plant based burger brands such as impossible burgers, beyond meat and so on to cater to the wider group of consumers.

Many other food joints are following suit and bringing plant based meat substitutes to their menus. Rising popularity of plant based foods is forcing known brands and new players in the food industry to invest big in the market.

For instance, Burger King partnered with ‘Impossible foods’, a popular brand of plant based products to offer plant based burgers to its customers. Introducing these plant based options has helped Burger King in gaining advantage over rival and popular brand McDonalds. It also increased its customer base as vegan and vegetarian consumers were added because of the new additions in the offerings.

Valuable Insights on Plant-Based Burger Market

Product Type

• Plant based Chicken
• Plant based Beef
• Plant based Pork
• Plant based Fish/Fishless Fish

Source

• Soy-based Protein
• Wheat-based Protein
• Pea-based Protein
• Canola-based Protein
• Fava Bean-based Protein
• Potato-based Protein
• Rice-based Protein
• Lentil-based Protein
• Flax-based Protein
• Chia-based Protein
• Corn-based Protein

Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Food Stores

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• MEA
• Oceania

About Food Market Division at FMI

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

A new report published recently by Future Market Insights has projected the global sugar alcohol market to witness sustained opportunities in the bakery segment. Demand for convenience foods and beverages is expected to positively affect growth, in spite of the ongoing threat from the coronavirus pandemic.

With the growth in urban population, and easy availability of processed foods and beverages, the need for sugar alcohol products has been growing steadily. Ranging from food & beverage applications such as bakery and dairy, and robust supply chains sugar alcohol is being used extensively to also improve on product shelf life.

On the other hand, growing consumer health awareness has resulted in a transition from conventional offerings towards low-calorie, healthy alternatives in the industry, which is having a positive influence on adoption, even in niche pharmaceutical applications.

Key Takeaways

• Xylitol sugar alcohol products to find greater adoption rates, owing to confectionary consumption.
• Erythritol variants to gain ground as sweetening agents, attributed to low-calorie characteristics.
• Bakery product applications as preservatives are expected to gain application with higher consumption of ready-to-eat foods.
• Beverage production to register increased use of sugar alcohols in the period 2020 to 2030.
• Asia-Pacific, led by China is reflecting faster than average growth, Europe likely to retain lead in the market.

“While food and beverage manufacturers continue to use artificial sweeteners, consumers continue to seek healthy alternatives, which in turn has bolstered the demand for polyols, which provides consumers sweet flavorings in addition to nutritive benefits, which will drive demand in the industry for the foreseeable future,” says an FMI analyst

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Covid-19 Impact Insights

As the coronavirus pandemic continues to hold the global economy in its grip, the potential for recession is high. With food and beverage production being hit by lockdown, especially in the processed foods sector, the sugar alcohol market is expected to be moderately impacted during this period.

The use of sugar alcohols in the production of hygiene products such as hand sanitizers will drive demand during the crisis period, which can be attributed to the largely number of patients, and high-levels of contagiousness of the virus. Applications in the pharma sector are also likely to witness an uptick.

On the other hand, the use of sugar alcohol in the food and beverage sector is likely to fall during the pandemic owing to increased spending on essentials and ready-to-eat foods, while the demand for confectionary and baked goods has slumped.

Competitive Landscape

The global sugar alcohol market is largely fragmented with the presence of many international and regional manufacturers, which has created a competitive market landscape. Some of the leading players in the sector are Cargill Inc., DuPont, Archer Daniels Midland Company, Ingredion Inc., BENEO GmbH, Mitsubishi Shoji Foodtech Co. Ltd., Roquette Freres, A & Z Food Additives, and Beckmann Kenko GmbH, among others.

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Market players have largely been emphasizing on the growth of product portfolios with research into healthy offerings, which are in compliance with local regulations, in an effort to keep up with a highly competitive environment. In addition, production capacity expansion is proving to be a positive influence in bolstering market presence.

For instance, DuPont has announced the approval of the European Commission for the applications of the company’s powdered lactitol supplement. Ingredion Inc. has announced the launch of Erysta – a sugar substitute derived from erythritol polyol. Also, Talenti has released a new gelato range which uses a zero-calorie form of sugar alcohol as a sweetening agent.

More Valuable Insights on the Sugar Alcohol Market

Product Type

• Sorbitol
• Xylitol
• Maltitol
• Lactitol
• Erythritol
• Isomalt
• Mannitol
• Others

End User

• Food & Beverages
• Pharmaceuticals
• Others

Application

• Bakery Goods
• Sweet Spreads
• Confectionery & Chewing Gum
• Beverages
• Dairy Products
• Others

Region

• North America (U.S & Canada)
• Latin America (Brazil, Mexico, & Rest of Latin America)
• Europe (Germany, Italy, France, Spain, U.K., BENELUX, Nordic, Russia, Poland, & Rest of Europe)
• South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
• East Asia (China, Japan, & South Korea)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC, Southern Africa, and Rest of MEA)

About Food Market Division at FMI

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

Telehealth kiosks are expected to become an essential part of a healthcare system and programs in the future. Telehealth kiosks allow health care professionals to treat patients at distance using telecommunication technology. Telehealth kiosk outfitted with telemedicine capabilities such as telephony and video conferencing with healthcare providers. Telehealth kiosk can lower healthcare costs to the patient and reduce visit and wait time. Telehealth kiosk has tools and capabilities such as store and forward diagnostic data and report. This capability of telehealth kiosk help to have access specialists anywhere. The systems have tools to track vital signs and other health data which is more beneficial for patients. Telehealth kiosk could reduce the number of transfer between one facility to another off-site medical facility which is helpful in reduce transportation cost and provide early diagnosis. Telehealth kiosk is designed to meet specific healthcare requirement in one in all solutions. Telehealth kiosk has features such as medical devices for clinical examination such as the stethoscope, Spo2 sensors, and blood pressure monitor. Telehealth kiosk is also available with special features such as ADA assistance devices for deaf, blind and limited mobility patients.

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Telehealth Kiosk Market: Drivers and Restraints

Increasing need of urgent care medical service expected to favor the demand for the telehealth kiosks. Technological advancement in the medical industry expected to impel the growth of telehealth kiosk market. Increasing demand for telehealth services in rural and urban areas in an advantage of minimum time duration is a major driving factor of telehealth kiosk market. Evolution and advancement in medical data transferring through telemedicine systems propel the growth of the telehealth kiosk market. Telehealth kiosks are gaining popularity in developed countries as high demand for healthcare cost reduction. Rise in partnership with manufacturers and hospital and pharmacies for telehealth kiosks are expected to favor the growth of the telehealth kiosk market.

Telehealth Kiosk Market: Overview

Telehealth kiosk is very helpful to provide healthcare facilities to rural and remote areas. Telehealth kiosk is beneficial for emergency and critical care situations, to provide access to healthcare services and reduce the cost of patient transfer. Telehealth kiosks are the better option for the overcome shortage of trained healthcare professionals and provide cost-effective medical consultation

Telehealth Kiosk Market: Key Market Participants: 

Example of some market players participants in global telehealth kiosk market identify across the value chain are American Well, Olea kiosks Inc., Computerized Screening Inc., H & S Quality in Software SpA, AMD Global Telemedicine, Inc., InTouch Health, Computerized Screening Inc., ZIVELO Inc., and others.

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Market Overview

Telehealth kiosks are expected to become an essential part of a healthcare system and programs in the future. Telehealth kiosks allow health care professionals to treat patients at distance using telecommunication technology. Telehealth kiosk outfitted with telemedicine capabilities such as telephony and video conferencing with healthcare providers. Telehealth kiosk can lower healthcare costs to the patient and reduce visit and wait time. Telehealth kiosk has tools and capabilities such as store and forward diagnostic data and report. This capability of telehealth kiosk help to have access specialists anywhere. The systems have tools to track vital signs and other health data which is more beneficial for patients. Telehealth kiosk could reduce the number of transfer between one facility to another off-site medical facility which is helpful in reduce transportation cost and provide early diagnosis. Telehealth kiosk is designed to meet specific healthcare requirement in one in all solutions. Telehealth kiosk has features such as medical devices for clinical examination such as the stethoscope, Spo2 sensors, and blood pressure monitor. Telehealth kiosk is also available with special features such as ADA assistance devices for deaf, blind and limited mobility patients.

Telehealth Kiosk Market: Drivers and Restraints

Increasing need of urgent care medical service expected to favor the demand for the telehealth kiosks. Technological advancement in the medical industry expected to impel the growth of telehealth kiosk market. Increasing demand for telehealth services in rural and urban areas in an advantage of minimum time duration is a major driving factor of telehealth kiosk market. Evolution and advancement in medical data transferring through telemedicine systems propel the growth of the telehealth kiosk market. Telehealth kiosks are gaining popularity in developed countries as high demand for healthcare cost reduction. Rise in partnership with manufacturers and hospital and pharmacies for telehealth kiosks are expected to favor the growth of the telehealth kiosk market. In July 2018, Rite Aid Pharmacies signed a deal with California-based telehealth provider InTouch Health. Growing use of telehealth kiosk as the digital pharmacy is a major factor expected to boost the growth of telehealth kiosks market over the forecast period. Telehealth kiosks are able to administer the limited number of common medicines. Strong reimbursement policies for telemedicine carts have also favored the growth of telehealth kiosks market. However, the lack of trained manpower to support telemedicine and medical education expected to restrain the growth of the telehealth kiosks market.

Telehealth Kiosk Market: Overview

Telehealth kiosk is very helpful to provide healthcare facilities to rural and remote areas. Telehealth kiosk is beneficial for emergency and critical care situations, to provide access to healthcare services and reduce the cost of patient transfer. Telehealth kiosks are the better option for the overcome shortage of trained healthcare professionals and provide cost-effective medical consultation

Telehealth Kiosk Market: Region-wise Outlook

In terms of geography, the market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America. North America is the most dominating market for telehealth kiosk market due to increasing partnership and investments in telemedicine sector and government initiatives for healthcare cost reduction. Western European expected to contribute second largest revenue share in telehealth kiosk market due to increasing adoption of telemedicine services, technology advancement, and increasing need for emergency consultation. The Asia Pacific excluding Japan telehealth kiosk market is expected to gain a high growth rate over the forecast period due to increasing healthcare spending and increasing digitalization. Increasing public-private partnership for the advancement of healthcare infrastructure, information technology, healthcare services expected to favor the growth of the APEJ telehealth kiosk market.

Telehealth Kiosk Market: Key Market Participants

Example of some market players participants in global telehealth kiosk market identify across the value chain are American Well, Olea kiosks Inc., Computerized Screening Inc., H & S Quality in Software SpA, AMD Global Telemedicine, Inc., InTouch Health, Computerized Screening Inc., ZIVELO Inc., 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:

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

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 (India, China ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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 market segments and geographies.

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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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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The science of nanomaterials has created a lot of expectation amongst various end user industries. With the increasing applications of nanomaterials, the demand for it is increasing at an increasing rate and is becoming a part of daily lives. Nanomaterials are important product under the nanotechnology. They embrace nanoparticles, smaller than 100 nanometres in at least one dimension. Nanomaterials are widely used in healthcare, electronics, cosmetics and other areas nowadays. Continuous improvement and innovation in the field is driving the growth of the global nanomaterials market.

The extraordinary physical and chemicals properties of materials at the nanometre scale enable novel applications ranging from energy conservation and structural strength enhancement to antimicrobial properties and self-cleaning surfaces.  The nanotechnology is being increasingly modernised by expending largely on R&D activities which is resulting in the advancement of existing technologies and innovations with reference to the new materials.

Energy storage and construction market is providing a huge growth potential to these materials and driving the overall market for nanomaterials. The increasing electronics market is also providing opportunities to the global nanomaterials market due to the falling prices and improving materials property and efficiency.

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Nanomaterials Market: Drivers & Restraints

The market penetration of the already existing materials and ongoing development of new materials and applications is driving the global nanomaterials market. The unabated market for nanomaterials is being strongly supported by the governmental funding to support the potential growth. The increasing availability of several methods in the field of nanotechnology and new novel methods for fabricating the patterned nanostructures is offering opportunity for better modeling. Some of the other drivers for the growth of global nanomaterials market is partnerships & strategic alliances, increasing number of market players and newer material developments. One of the major factor restraining the growth of global nanomaterials market implies to the growing concerns over environmental impact and toxicity of nanomaterials.

Nanomaterials Market: Region-wise Outlook

The global nanomaterials market is expected to register a favourable growth for the forecast period, 2015?2025. North America and Europe are the two prominent regions that are projected to endure the control on the global nanomaterials market. Decreasing prices due to the increasing mass production is responsible for the robust growth of the above mentioned markets. The demand for nanomaterials is also surging across Asian regions. The Asia-Pacific region is projected to witness remarkable growth rate owning to the greater demand of nanomaterials in the developing regions like India and China and their continuous research and developmental activities.

Nanomaterials: Key Players

There are a lot of players in the nanomaterials industry of which some of the key market participants in global nanomaterials market are BASF, EMFUTUR Technologies, Evonik Industries, Sigma-Aldrich Co. LLC, Bayer AG, SkySpring Nanomaterials, Altair Nanotechnologies Inc., and Nanomaterials Company 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 categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

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 market segments and geographies.

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Nanomaterials Market: Segmentation

On the basis of material type, the global nanomaterials market is segmented as follows:

• Metal Oxide (Silica, Aluminium Oxide/Hydroxide, Titanium Dioxide, Zinc Oxide, Iron Oxide, Other Metal Oxides)
• Metals
• Chemicals and Polymers (Nanopharmaceuticals, Liposomes, Other Chemicals & Polymers)
• Nanotubes
• Others (Conventional Materials and New Materials)

On the basis of applications the global nanomaterials market is segmented as follows:

• Construction
• Packaging
• Consumer Goods
• Electrical and Electronics
• Energy
• Health Care
• Transportation
• Others

Diabetes has evolved as one of the primary healthcare epidemic characterized by high sugar levels and principle cause of mortality worldwide. In 2014, World Health Organization (WHO) estimated 8.5% of adults living with diabetes. A diabetic person cannot either synthesize enough insulin (type 1 diabetes) or either does not make enough insulin or cannot effectively use the insulin produced by the body (type 2 diabetes). Another type of diabetes that occur in women during her pregnancy is gestational diabetes. However, gestational diabetes is usually resolved after delivery but can precede towards type 2 diabetes later in a women’s life. Most of the continuous glucose monitoring devices are invasive and involves use of needles leading to increased chance of infection. Furthermore, the invasive glucose monitoring device is considered to be discrete glucose measurement system which cannot be practically used for continuous monitoring of blood glucose. Certain evidences of hyperglycemia between measurements are however not recorded thus resulting in false or no representation of the blood glucose pattern. Noninvasive monitoring of glucose levels eliminates the need of painful pricking with increased risk of infection, and amount of damage caused to the finger tissue.

• Abbott,
• Animas Technologies,
• Bayer Healthcare,
• Cercacor,
• Pendragon Medical,
• OrSense, and Bayer Healthcare.

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• Market Segments
• Market Dynamics

• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan

Middle East and Africa (GCC, S. Africa, N. Africa)

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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 market segments and geographies.

Global respiratory inhaler device shipments are likely to grow at over 4% in 2021, as the medical device industry makes a gradual recovery. Innovation in smart inhaler technologies is likely to be a key focus area, but manual inhalers will still account for 90% of total demand. This stark contrast reflects the status-quo in the global medical device industry, where realization of new investment and bottom-lines are concurrent.

[250 Pages Report] The rising prevalence of respiratory disorders has necessitated innovation in manufacture of respiratory inhalers. The demand for better precision in drug delivery is enabling broader adoption of Respiratory Inhaler Devices, especially among patients of asthma and chronic obstructive pulmonary diseases (COPD). Steady growth is expected to continue as favorable reimbursement policies by governments create a conducive environment around the world.