Nasal Antihistamines Market to top US$ 1.9 Bn in 2021 Steered by Surging Demand for Nasal Sprays

As per a recent survey by FMI, the global Nasal Antihistamines Market is projected to total US$ 1.9 billion in 2021. Rising preference for alternative modes of drug administration other than injectable and oral is propelling the demand for the nasal drug delivery solutions. Driven by this, the market is expected to reach US$ 3.08 billion by the end of 2031.

A significant rise in prevalence of allergies has been witnessed across the world due to the increasing sensitization to allergens and intensifying air pollution. According to the Asthma and Allergy Foundation of America, allergies are the sixth leading cause of chronic illness in the U.S. The country reports over 50 million cases of allergies every year. Increasing demand for speedy relief from allergic reactions such as nose congestion, itchy and runny nose, and sneezing is creating immense sales opportunities for the market.

Several players in the market are focusing on launching novel products to capitalize on this opportunity. For instance, Glenmark Pharma announced launching a new nasal spray named Ryaltris in India in May 2021. In response to a slew of novel product launches, sales are expected to rise at a CAGR of 4.6% during the forecast period 2021-2031.

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As per FMI, nasal sprays are the most preferred product available in the nasal antihistamines market, accounting for around 90% of global sales. Attributes such as fast relief, easy to carry, and cost-effectiveness are accelerating the demand for nasal sprays.

“Growing inclination towards the non-invasive treatments and increasing approvals by the Food and Drug Administration (FDA) for over-the-counter (OTC) sales of prescription-based nasal antihistamines are expected to favor the market growth in the coming years,” says the FMI analyst.

Key Takeaways from Nasal Antihistamines Market Study

  • The U.S. is expected to hold the largest revenue share in the North America market, accounting for 90.7% of sales in the region in 2021.
  • The U.K. is projected to emerge as a highly remunerative market, contributing more than 17.9% of sales in Europe in 2021.
  • The market in China is forecast to witness the fastest growth in East Asia, expanding at a CAGR of 6.5% over the assessment period.
  • Sales of nasal antihistamines in South Korea and Japan are anticipated to rise at 3.8% and 5.3% CAGR, respectively, by the end of the coming decade.
  • Based on distribution channel, retail pharmacies are estimated to account for over 40% of revenue share in the segment, projecting sales growth at a CAGR of 4.4% through 2031.

Key Drivers

  • Increasing healthcare expenditure, ease in product approvals, and rising funding for life science research, and new product launches are expected to accelerate the growth of the nasal antihistamine market.
  • Rising prevalence of respiratory diseases including asthma, allergic rhinitis, and others are fuelling the demand for low-cost generic medical products across China, India, Mexico, Brazil, and South Africa, which is propelling the demand for nasal antihistamines.

Key Restraints

  • Side effects associated with nasal antihistamines such as dizziness, dry mouth, and nose, headache, and others is hampering sales of nasal antihistamines.
  • Availability of alternatives such as oral antihistamines and others are hindering the growth of nasal antihistamines market.

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Competitive Landscape

As per FMI, the global market is dominated by Bayer Healthcare, Novartis AG, Glenmark Pharmaceuticals, GlaxoSmithKline, Cipla, Merck & Co., Sun Pharmaceuticals, Viatris, Proctor & Gamble, Ascend Laboratories, Centaur Pharmaceuticals, J pharmaceuticals, Sato Pharmaceuticals, and Altair Pharmaceuticals.

Leading players are emphasizing on launching new products and receiving regulatory approvals to expand their product portfolios. Some of the manufacturers are aiming at engaging into strategic collaborations, acquisitions, agreement, and merger to increase their market share and expand their global presence. For instance,

  • In April 2020, Cipla, an Indian multinational pharmaceutical company, announced receiving final approval for its generic version of Proventil® High Functioning Autism (HFA) Inhalation Aerosol, from the U.S. FDA. The product approval will assist the company to strengthen their presence in the U.S. pharmaceutical market.
  • In December 2020, GlaxoSmithKline, a leading pharmaceutical company in India, announced launching a saline wash natural nasal spray, Otrivin Breathe clean. It offers symptomatic relief from allergic rhinitis with moisturizing benefit as it has natural glycerin in it.

Some of the key players operating in the market profiled by FMI are:

  • Bayer Healthcare LLC
  • Novartis AG
  • Glenmark Pharmaceuticals
  • GlaxoSmithKline
  • Sun Pharmaceuticals
  • Cipla
  • Merck & Co.
  • Viatris (Meda Pharmaceuticals)
  • Proctor & Gamble
  • Ascend Laboratories LLC (Alkem Laboratories)
  • Centaur Pharmaceuticals
  • J Pharmaceuticals
  • Alitair Pharmaceuticals
  • Sato Pharmaceuticals

More Valuable Insights on Nasal Antihistamines Market

FMI, in its new report, offers an unbiased analysis of the global nasal antihistamines market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in nasal antihistamines market with detailed segmentation:

By Product:

  • Nasal Spray
  • Nasal Drops

By Age Group:

  • Adult
  • Pediatric

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Stores

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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 Key Questions Covered in the Report

  • The report offers insight into nasal antihistamines market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for nasal antihistamines market between 2021 and 2031
  • Nasal antihistamines market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Nasal antihistamines market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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About Future Market Insights (FMI)

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

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Fungal Staining Reagent Market Opportunity Assessment, Size & Revenue, Industry Research 2031

Fungal Staining Reagent market players – Teco Diagnostic, Biocare Corporation, I-SENS, Inc., VivaChek Laboratories Inc., Vmed Technology, among others represent the global Fungal Staining Reagent market. The market study depicts an extensive analysis of all the players running in the Fungal Staining Reagent market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Fungal Staining Reagent market report.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Fungal Staining Reagent market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Fungal Staining Reagent market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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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
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Fungal Staining Reagent Market: Segmentation

By Test Type:

  • KOH Prep (Potassium Hydroxide Solution)
  • Calcofluor White Stain

By Reagent Type:

  • Congo Red
  • Gomori Methenamine Silver Stain
  • Mucicarmine Stain
  • Periodic Acid Schiff (Pas) Stain
  • Sulfation Reagent And Toludine Blue O (Tbo)
  • Modified Ziehl-Neelsen Stain
  • Acridine  Orange
  • Phol Stain
  • Lactophenol Blue Stain

By End Use:

  • Diagnostic Centres
  • Hospitals
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa

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Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Fungal Staining Reagent market?
  2. What are the drivers and challenges affecting the Fungal Staining Reagent market demand?
  3. What are the recent technological advancement in the Fungal Staining Reagent market?
  4. What are key trends and opportunities that will prevail the revenue growth of Fungal Staining Reagent market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Fungal Staining Reagent market?

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Fungal Staining Reagent market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, 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.

Refrigerated Display Cases Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031

Increasing refrigerated display cases sales are set to enable the market’s valuation to reach US$ 9.5 Bn in 2021. Future Market Insights (FMI) in a study has predicted stable long-term growth for the market. The report offers analysis in 20+ high-growth markets, providing detailed insights on Refrigerated Display Cases Market growth will evolve in the next decade.

The demand for refrigerated display case declined in 2020, due to the recessionary effects of COVID-19 on the food service sector activities. However, barring a few countries, the activities in food and beverage industry has resumed at a healthy rate post Q2 of the financial year.

With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of refrigerated display cases the market remains positive. According to the report, the retail food and beverages sector will continue accounting for over 70% of sales of refrigerated display cases through the forecast period.

Introduction of high performance and connected refrigerated display cases with real time cloud access and maintenance will create lucrative growth opportunities. In the coming years, the market also will gain from the launch of low GWP refrigerants aimed at lowering environmental challenges.

Key Takeaways

  • Expansion of the supermarkets and hypermarkets will remain a chief growth driver, enabling the market rise at 5.5% CAGR between 2021 and 2031
  • Rising demand for ready-to-eat food is fuelling refrigerated display cases sales across supermarkets and hypermarkets in the U.S. The country is expected to account for over 70% of the North America market
  • Expansion of the food service sector will enable growth in Germany and France
  • The U.K. will emerge as a strong market, exhibiting 3.8% y-o-y growth in 2021 after a period of decelerating sales in 2020
  • While China currently holds dominance, Japan will emerge as the leading market in East Asia backed by rising demand for packaged food

The implementation of stringent government norms and regulation on use of refrigerant for cooling is estimated to create high growth avenues for the refrigerated display case market. The increasing focus on eco-friendly and sustainable refrigerated display cases in developed and developing economies across the globe is creating growth opportunities.

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Competitive LandscapeThe refrigerated display cases market is fairly competitive, with key players accounting over two third of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market share. Some of the key players in the market are Carrier Corporation, Frigoglass SAIC, Epta S.p.a. Refrigeration, Dover Corporation, Haier Group, Arneg S.p.A, Illinois Tool Works, Daikin Industries, Ltd., Fagor Industrial, and others.

Refrigerated display case market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities. Collaboration, mergers and acquisition with regional companies will remain key strategies adopted by market players as they aim at expanding their footprint in regional market.

Get Valuable Insights into Refrigerated Display Cases Market ReportFuture Market Insights, in its new offering, provides an unbiased analysis of the global refrigerated display cases market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The refrigerated display cases market study uncovers convincing bits of knowledge based on type (plug-in, semi plug-in, and remote), design (vertical, horizontal, and hybrid), and end user (food service sector and retail food and beverages sector) across six key regions.

Refrigerated Display Cases MarketType

  • Plug-In Refrigerated Display Cases
  • Semi Plug-In Refrigerated Display Cases
  • Remote Refrigerated Display Cases

Design

  • Vertical Refrigerated Display Cases
  • Horizontal Refrigerated Display Cases
  • Hybrid Refrigerated Display Cases

By End Use

  • Food Service Sector
    • Quick Service Restaurants
    • Bakeries
    • Hotels
    • Others
  • Retail Food & Beverage Sector
    • Fuel Station Stores
    • Hypermarkets
    • Supermarkets
    • Discount Stores

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

Sodium Reduction Ingredient Market is expected to reach US$ 1,758.4 Mn by 2025, with a CAGR of 11.7%.

Future Market Insights (FMI) delivers key insights on the global sodium reduction ingredient market in its latest report titled, “Sodium Reduction Ingredient Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. According to the published research study, the global sodium reduction ingredient market is expected to grow at a CAGR of 11.7% during the forecast period owing to multiple driving factors which are explained in detail in the sodium reduction ingredient market report.

Sodium Reduction Ingredient Market: Segmental Analysis

Based on application, sodium reduction ingredient market has been segmented into sauce/dips/dressings, snacks, bakery products, cheese/butter, frozen food, and others. Others include beverages, baby food, and breakfast cereal. The snacks segment is expected to register a higher growth rate of 11.0% in terms of value during the forecast period. In addition, snacks segment is estimated to hold 26.9% of revenue share in sodium reduction ingredient market in 2015.  Apart from snacks, frozen food segment is also estimated to contribute maximum revenue share as compared to other segments over the forecast period in the sodium reduction ingredient market. New product launches by major players of sodium reduction ingredient will trigger the market growth in coming years. Among the application segments in sodium reduction ingredients market, bakery product segment is expected to register the highest CAGR of 12.8% during the forecast period.

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Sodium reduction ingredient market is segmented into amino acid, mineral blends, yeast extract and others based on different ingredient types. Others segment include hydrolyzed vegetable protein, trehalose, and nucleotides. Magnesium sulphate, calcium chloride, potassium sulphate, potassium chloride, and potassium lactate are also taken into consideration and are placed as sub-segments under mineral blends segment. Mineral blends segment is expected to dominate the sodium reduction ingredient market with a market share of 53.9% in 2015.

Sodium Reduction Ingredient Market: Factors Boosting Demand

Various demand and supply side factors are expected to trigger the growth of sodium reduction ingredient demand. Rising awareness regarding health benefits of reduced sodium in products and rising preference for processed food will drive the demand growth for sodium reduction ingredients. In 2014, Lebanese Action on Sodium and Health (LASH) group, under the patronage of the Lebanese Ministry of Public Health, launched a national health campaign to generate awareness regarding sodium intake in the country. The growing demand for sodium reduction ingredient is also backed by the introduction of government laws regarding the sodium intake in certain countries. In line with government regulation and market scenario, Kerry Foods reduced salt levels by 32 percent and fat by 21% in its cheese slices in 2013.

Sodium Reduction Ingredient Market: Regional Insights

The global sodium reduction ingredient market report covers global market trends and offers detailed analysis and insights into the potential demand in the coming years for each geographic region. Among the geographic areas analyzed in the sodium reduction ingredient study, North America is estimated to dominate the sodium reduction ingredient market with 32.0% value share by the end of 2015 and is expected to continue the dominant position in the sodium reduction ingredient market up to 2025. In terms of value, North America and Western Europe are collectively estimated to account over 59.9% of the sodium reduction ingredient market in 2015. Although, the sodium reduction ingredient market is dominated by the aforementioned geographic areas, the highest CAGR of 13.2% is expected to be seen in the Asia Pacific excluding Japan (APEJ) during the forecast period in the sodium reduction ingredient market.

Sodium Reduction Ingredient Market: Competition Analysis

Few of the major players participating in the global sodium reduction ingredient market are Kerry Group PLC, Associated British Foods plc., Sensient Technologies Corporation, Tate & Lyle PLC, E. I. Du Pont De Nemours and Company, Givaudan SA, Cambrian Solutions Inc., Innophos Holdings, Inc., and Jungbunzlauer Suisse A.G. Active major sodium reduction ingredient industry participants are expected to invest a huge chunk of revenue share into research and development related activities to come up with new innovative products which will help them to maintain sustainable position in the industry for a longer time.

Major players in the sodium reduction ingredient market are focusing on launching new products frequently to meet the changing consumer preferences. In addition, companies operating in sodium reduction ingredient market are investing in the technological up gradation of the existing processes to meet changing manufacturing needs.

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Key Segments CoveredBy Application

  • Sauce/dips/dressings
  • Snacks
  • Bakery products
  • Cheese/butter
  • Frozen food
  • Others (beverages, baby food, and breakfast cereal)

By Ingredients

  • Yeast extract
  • Mineral blends
    • Magnesium sulphate
    • Calcium chloride
    • Potassium sulphate
    • Potassium chloride
    • Potassium lactate
  • Amino acid
  • Others (hydrolyzed vegetable protein, trehalose, and nucleotides)

Key Regions/Countries Covered

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Western Europe
    • EU5
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC

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  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Chemotherapy-Induced Oral Mucositis Market Present Scenario and Growth Prospects 2031

Chemotherapy-Induced Oral Mucositis market players – Soleva Pharma, Aurora Bioscience, INNOVATION Pharma, Camurus AB, among others represent the global Chemotherapy-Induced Oral Mucositis market. The market study depicts an extensive analysis of all the players running in the Chemotherapy-Induced Oral Mucositis market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Chemotherapy-Induced Oral Mucositis market report.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Chemotherapy-Induced Oral Mucositis market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Chemotherapy-Induced Oral Mucositis market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

Request For Table Of Content @ https://www.futuremarketinsights.com/toc/rep-gb-13706

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.

Chemotherapy-Induced Oral Mucositis Market: Segmentation

By Treatment Type:

  • Ice Chips (Cryotherapy)
  • Preventive And Supportive Dental Care
  • Strong Oral Cleaning Procedures
  • Gels/Rinses

By Distribution Channel:

  • Hospitals
  • Oncology Centres
  • Research Institutes
  • Dental Clinics
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa

Any Queries, Contact Us @ https://www.futuremarketinsights.com/askus/rep-gb-13706

Critical Questions Answered in the Report

  1. What are ongoing trends that will shape market growth curve for global Chemotherapy-Induced Oral Mucositis market?
  2. What are the drivers and challenges affecting the Chemotherapy-Induced Oral Mucositis market demand?
  3. What are the recent technological advancement in the Chemotherapy-Induced Oral Mucositis market?
  4. What are key trends and opportunities that will prevail the revenue growth of Chemotherapy-Induced Oral Mucositis market players?
  5. How will evolving regulatory policies impact the market growth?
  6. What is the impact of Covid-19 on the Chemotherapy-Induced Oral Mucositis market?

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Chemotherapy-Induced Oral Mucositis market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, 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

Noise Control System Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031

A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at a CAGR over 3.7% between 2021 and 2031. Key factors influencing the growth of industrial noise control market include,

  • Growing awareness of harmful levels of industrial noise
  • Increasing emphasis on the protection of workers and employees from noise pollution
  • Stringent environment regulation related to industrial noise control
  • Incorporation of integrated noise control technologies in advanced industrial machinery

The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

Polymer & Composites Remain Preferred MaterialsThe FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-AfterThe FMI study finds that over 8 in 10 industrial noise control units sold by 2020 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2020 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales during the forecast period.

Industrial Noise Control Utilization in Internal Application ProminentThe FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at a CAGR of over 3.9%.

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Demand for Industrial Noise Control Units Consolidates in Manufacturing SectorAccording to the FMI study, the manufacturing sector remains a prominent end user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Keeping the noise within the OSHA levels in the different manufacturing sector is pivotal in ensuring health and wellness of employees.

Demand in East Asia Continues to Surge, Europe Represents Second Largest MarketAs per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2020. In terms of sales volume, Europe followed East Asia and collectively.

China in East Asia remains leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for considerable bulk of regional demand in 2020.

While the growth prospects seem steady for the industrial noise control market, development of advanced industrial machineries integrated with noise cancelling technologies and sound or vibration absorbers can impede the market growth in the future.

Noise Control System Market: TaxonomyProduct Type

  • Acoustic Panels
  • Acoustic Tiles
  • Sound Curtains
  • Acoustic Surface
  • Sound Insulating Flooring
  • Sound Barrier Walls
  • Baffles
  • Sound Blanket
  • Sound Doors

Material Type

  • Fiberglass
  • Wood
  • Plastic Sheets
  • Concrete
  • Other

Application

  • Residential Noise Control System
  • Industrial Noise Control System
  • Commercial Noise Control System

Regions

  • Asia Pacific Excluding Japan (APEJ)
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • MEA
  • Japan

Digital Wound Measurement Devices Market Overview 2021: Covid-19 Impact Analysis – Future Market Insights

The digital wound measurement devices market is slated to grow at a value CAGR of 4.5% over the assessment period (2020-2030). Rising wound care research to integrate such wound measurement technologies for instance silver nanocrystalline and biosensors dressings are projected to shape future expansion of digital wound Measurement devices market.

“Digital wound measurement devices market is gaining traction as a result of growing adoption of advanced wound measurement systems by healthcare industries across globe to offer superior care solutions to patients.” says the FMI Analyst.

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Key Highlights

North America to remain key beneficiary over the forecast period due to rapid technological progressions pertaining to rising chronic ailments.

Diabetic ulcer treatment to hold highest market share due to growing prevalence of diabetes mellitus.

Hospitals end user category will be accounting for maximum market share, during 2020-2030.

Driving Factors

Mounting wound care research to address wound healing concerns to propel market growth.

Biosensor technology are playing a vital role in providing data on the blood pressure, temperature, lactate, glucose, and oxygen, aiding in the market expansion.

Nanocrystalline Dressings is anticipated to inflate the market scope over the forecast period.

Key Restraints

Absence of information about wound such as exudation or moistness, is anticipated to restrict the market growth.

Non-availability of a centralized framework to promote a multidisciplinary networking approach can hinder growth of the market

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Expected Impact on Market by Coronavirus Outbreak

The global market has experienced a steady slowdown in growth amid the COVID-19 outbreak due to a slump in surgical procedures. Nonetheless, the chronic wound patient group will keep on needing treatment, allowing a steady revenue stream for chronic wound devices.

Need for homecare wound measurement devices has risen, due to growth in home visit frequencies all over nations for patients experiencing chronic conditions. This is anticipated to have a notable impact on the market’s growth.

Competition Landscape

Major players identified in the global market are ARANZ Medical, Perceptive Solutions Inc., Smith and Nephew plc, WoundMatrix Inc., WoundVision Inc., KCI, Hitachi Healthcare Americas, Parable Health, WoundRight Technologies and 3M Company. Market players are engaged in novel product launches, enhancing of research & development capabilities and partnerships and collaborations to increase their market presence. For instance,

ARANZ Medical launched its Silhouette version 4.9 that incorporates an enhanced range of data analysis attributes, for example a section area reduction figure, allowing clinicians to regulate the efficacy of wound healing.

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More on the report

FMI’s report provides market analysis of key trends and macro-economic factors on the basis of wound type (diabetic ulcers, chronic wounds, burns, incisional and traumatic), end-user (hospitals & clinics) and region-wise segmentation (North America, Asia-Pacific, Eastern and Western Europe, Oceania).

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Market Background

4.1. Macro-Economic Factors

4.1.1. Global GDP Growth Outlook

4.1.2. Global Healthcare Spending Outlook

4.1.3. Global Medical Device Outlook

4.2. Forecast Factors – Relevance & Impact

4.2.1. Increase in Chronic Wound Cases

4.2.2. Expenditure on R&D by manufacturers

4.2.3. New Product launch

4.2.4. Increasing adoption of Digital Wound Measurement Devices

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

5. Market Context

5.1. Product Adoption / Usage Analysis

5.2. Product USPs / Features

5.3. Value Chain Analysis

5.4. Regulatory & Reimbursement Scenario

6. COVID19 Crisis Analysis

6.1. Current COVID19 Statistics and Probable Future Impact

6.2. Current GDP Projection and Probable Impact

6.3. Current Economic Projection as compared to 2008 financial analysis

6.4. COVID19 and Impact Analysis

6.4.1. Revenue By Product

6.4.2. Revenue By Country

6.5. 2020 Market Scenario

6.6. Quarter by Quarter Forecast

6.7. Projected recovery Quarter

6.8. Recovery Scenario – Short term, Midterm and Long Term Impact

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Advanced Wound Management Market: FMI’s report presents region wise analysis with detailed profiles of the companies, the economic factors and strategies adopted to cope up with the market trends.

Traditional Wound Manangement Market: FMI’s analysis on this sector presents driving factors, restraints, opportunities, in-depth market segmentation and impact of market trends on geographies.

Post-Operative Wound Treatment Market: This report analyses qualitative and quantitative assessment by industry analysts, macro-economic indicators, parent market trends with historical, current, and projected market size in terms of volume and value.

About FMI Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, 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.

Ophthalmic Tonometers Market size is expected to reach US$ 445.5 Million by the end of 2030

Driven by recent technological advancements and rising cases of diabetes the ophthalmic tonometers market is forecast to expand considerably. According to Future Market Insights (FMI), the global ophthalmic tonometers market size is expected to reach US$ 445.5 Mn by the end of 2030.

As per the National Diabetes Report 2020 by CDC, 10.5 % of the U.S. population are diabetic. As a result a large portion of the population is prone to glaucoma. Ophthalmic tonometers are widely used by eye-specialists for eye test to check for the risk of glaucoma and hence the market growth is increasing in the present scenario.

Though the recent COVID-19 pandemic is affecting the current year market revenue, the global ophthalmic tonometers market is expected to grow further over the forecast period. The rising focus towards health and willingness to spend on advanced healthcare will enable growth in the market.

The FMI report offers an in-depth and unbiased analysis of the global ophthalmic tonometers market during the forecast period.

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Some of the key takeaways from the report are given below –

  • The global ophthalmic tonometers market value is anticipated to grow by 4.8% CAGR during the forecast period from the year 2020 to 2030
  • Due to the rising cases of diabetes around the world, people are getting more vulnerable to glaucoma resulting in increased market demand
  • The advent of substitutes to measure intraocular pressure is expected to come in the way of market growth in the coming years
  • The increase in disposable prism development to minimize the infection spread while administering glaucoma patients will cater to the market demand in coming years
  • The increased awareness among people for earlier diagnosis and routine monitoring of intraocular pressure (IOP) to prevent permanent vision loss is expected to catalyze the market growth

Rising Demand for Advanced Technologies across Healthcare Facilities

As the key end-user industries such as hospitals, ophthalmic diagnostic centers and others are getting equipped with modern facilities, growth witnessed by the market is expected to continue throughout the forecast period. Also, the advent of disposable prism to prevent the diagnosis-related infection, is catering to the market growth.

Being an integral part of ophthalmic treatment, tonometers have evolved significantly over the years starting from a desktop held device to a smart handheld one.  In order to measure the intraocular pressure for precise diagnosis for eye treatment, ophthalmic tonometers are utterly important and as a result the market demand is getting sky-high gradually.

Impressive growth exhibited by the ophthalmic tonometers market will creative lucrative prospects for companies operating therein. To capitalize on it key market players such as Nidek, Jorgensen Laboratories, Topcon, Photon Surgical Systems Ltd., and others are launching advanced products along with adopting long-term strategic plans.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, 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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Citrus Flavours Market to surpass US$ 4,931.5 Million by 2031, growing at a CAGR of 5.2% for 2021-2031

The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” has been used in the food industry for many years, but it is now used as a catchphrase to attract modern-day consumers. Clean label has now become the norm, with consumers demanding to know everything about the products, from their origins to their benefits. As a result of this trend, manufacturers are stepping up their clean label game and introducing more products with less complexity, greater transparency, and simplistic ingredients.

Key Takeaways from the Citrus Flavors Market Study:

  • The Europe lead in terms of market size and account for 25.3% of the global citrus flavors market in 2021. A significant number of consumers in Europe have developed an interest in purchasing clean label food products, which provide a diverse range of naturally derived ingredients, thereby driving demand for citrus flavors. Manufacturers are offering products free of artificial flavorings and gradually shifting toward natural ingredients in order to meet the growing demand for citrus flavors.
  • Consumption of citrus flavors is more in powder form than liquid as it is has increased demand from various end use industries applications such as bakery & confectionery, dairy products, and powdered beverages. The powder form of citrus flavors is accounted for a market share of 57.6% in 2021 of the global market.
  • In application segment, beverages segment is accounted for significant share of 55% of the global citrus flavors market, which is also expected to witness lucrative growth rate of a CAGR 4.7% during the forecast period (2021-2031).

“Gone are the days when consumers made decisions based on what companies told them; now is the time of the modern-day smart consumer, who makes decisions based on the trust of their consumer peers rather than marketing gimmicks. Smart consumers today expect a premium experience from their products, whether in terms of presentation or taste. Convenient-innovative-and-sustainable packaging, vibrant colors, fortified-enriched ingredients, a strong label game, and exotic flavors are expected to capture the attention of consumers.” Said a lead analyst at FMI

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Pervasive digitization of the path to purchase and last-mile deliveryThe convergence of artificial intelligence and flavor science is expected to transform the global food industry. Manufacturers are developing technologies that can predict flavor combinations, as well as tools that can add solutions to some of the food industry’s critical challenges, ranging from the “Internet of Food” to machine learning. Advances in the field will allow the food industry to drastically improve flavor formulation and product development. The use of a digital thread can enable the calculation of a product’s nutritional profile, the finalization of recipes in the lab, the monitoring of the entire supply chain, and the tracking of ingredient sourcing from different providers all the way to the consumer.

Multi-Sensory ExperienceCustomers are increasingly interested in having a multisensory experience when they consume food and beverages. Consumers prefer food products that are visually appealing, have a pleasant odor when opened, and provide a satisfying taste when consumed. Manufacturers are also demonstrating an interest in developing technological advances that focus on an understanding of the multisensory influences on flavor perception in order to improve the design of human–food interactions.

Among the sensory systems, visual and mouth feel are the most valued by consumers and have a significant impact on product selection. Citrus fruits have the widest range of taste variances of any fruit category. As a result, manufacturers are using citrus flavors in their products to catch the attention of consumers.

Who is winning?Some of the leading companies offering citrus flavors are Givuadan SA, International Flavors and Fragrances, Symrise AG, Sensient Technologies Corporation, Takasago International Corporation, Firmenich SA, Dohler AG, Kerry Group, ADM, Mane Group, R.C.Treatt & Co. Ltd., Trilogy Ingredients Inc., Lionel Hitchen Limited, Citromax Flavors, Flavors Producer

To increase market penetration in untapped markets, major companies are implementing a variety of aggressive strategies, such as introducing innovative and clean label citrus flavors and partnering with and acquiring local manufacturers.

Get Valuable Insights into hydrolysed vegetable protein market Future Market Insights, in its new offering, provides an unbiased analysis of the citrus flavors market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the citrus flavors market based on form (powder, paste and liquid), by product type (natural and synthetic), and by application (sweet, dairy, savory, beverages and others) across seven major regions.

Summary:The global citrus flavors market is primarily characterized by fragmentation, with a large number of tier 1 players, including multinational, regional, and local players. When compared to other regions, Europe, Asia Pacific, and North America have a relatively high concentration of citrus flavors manufacturers, with a 50-55% share. The market’s key players are focusing on developing better and more influential advertisements for these lesser-known and accepted products, specifically targeting the millennial population via the internet and various e-commerce platforms.

Citrus Flavors Market by CategoryBy Product Type:

  • Natural
    • Orange
    • Lemon
    • Lime
    • Grapefruit
    • Mandarin/Tangerine
    • Others (Blood Orange, Key Lime, Bergamot, etc)

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By Application:

  • Sweet
    • Bakery
    • Confectionery
    • Breakfast Cereals
  • Dairy
  • Savory
    • Soups, Sauces, & Condiments
    • Prepared Food & Ready Meals
    • Meat, Poultry & Seafood
    • Seasoning Blends
    • Savory Snacks
  • Beverages
    • Juice Drinks & Mixes
    • Carbonated Beverages
    • Flavored Water
    • Alcoholic Beverages
  • Others

By Form:

  • Powder
  • Paste
  • Liquid

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Polyether Ether Ketone (PEEK) Interbody Devices Market Benefitting from Minimally Invasive Procedure Preference

Advanced spinal surgeries are retaining popularity due to increased cases of spinal disorders, therefore, medical professionals are focussing on

The polyether ether ketone peek interbody devices market is expected to expand at 7.7% CAGR through the forecast period (2020-2030). Spinal implant procedures are in a greater demand as clinics are registering lesser number of COVID patients, therefore, recovery rate of these devices will enhance towards 2021.

“Increasing cases of degenerative diseases and spinal stenosis among geriatric population coupled with rapid innovations across the medical sector, are enhancing the use of PEEK Interbody devices,” states the FMI Analyst.

 

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PEEK Interbody Device Market – Important Highlights

  • US will remain a dominant region while East Asia will witness fastest growth.
  • Organic-polymer derived device and growing preference for minimal invasive surgeries are going to account for significant market share.
  • Demand for transforaminal and posterior lumbar devices are expected to remain prevalent through the forecast period.
  • Improved regulatory advises are likely to drive the market growth in the near future.

PEEK Interbody Device Market – Driving Factors

  • Due to rising awareness regarding harmful impacts of synthetic polymers, organic polymers are highly demanded in manufacturing medical devices.
  • Being highly recyclable, healthcare industries require thermoplastics to produce interbody devices on a greater scale.
  • Improving biocompatibility and accuracy due to better radiolucency are pushing the adoption of PEEK interbody devices.

PEEK Interbody Device Market – Key Restraints

  • PEEK interbody devices are really expensive, thereby, hindering growth.
  • PEEK is hydrophobic which in turn limits bony ingrowth and limits adoption too.

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Expected Impact on Market by Coronavirus Outbreak

COVID-19 has shifted the preference towards patients who are severely affected by the pandemic rather than other medical issues. Though declining number of cases will help the market improve towards the end of 2021 yet current market scenario presents a sluggish growth trajectory. Around 3% of US population suffers from spinal disorders but the number of cases registered have declined due to COVID. Similarly, Europe has almost 60-70% of people who suffer from lower back problems, therefore, health providers are adopting unique solutions and 2021 is likely to witness a better market picture.

Competition Landscape

Key players in the market include Zimmer Biomet Holdings Inc., Medtronic Plc., Stryker Corporation, B. Braun Melsungen AG, SeaSpine Holdings Corporation, Shandong Weigao Group Medical Polymer Company Limited., Alphatec Holdings Inc., Xtant Medical Holdings Inc., and Life Spine Inc.

In 2020, Zimmer Biomet incorporated advanced features like mymobility   care management to be handled by healthcare professionals to enhance decision processes regarding surgeries by incorporating higher precision.

In October 2020, Medtronic recorded 84% of chronic back pain cases and incorporated DTM Spinal Cord Therapy which reported at least 50% pain relief. This encouraged the company improve investments in better pain management techniques. Key Players are regularly focussing on launching innovative products to enhance pain management therapies.

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Table Of Content

  1. Executive Summary

1.1. Global Market Outlook/Overview

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting The Market

3.2. Advancement Product Manufacturing

  1. Key Success Factors

4.1. Product Adoption Analysis & Key Promotional Strategy

4.2. Value Chain Analysis

4.3. Key Regulations

  1. COVID19 Crisis Analysis

5.1. Current COVID19 Statistics and Probable Future Impact

5.2. Current Economic Projection as compared to 2008 financial analysis

5.3. COVID19 and Impact Analysis

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More on the Report

The report presents macro as well as micro economic factors with segmentation on the basis of product type (interbody fusion device, anterior lumbar interbody fusion devices, posterolateral fusion devices etc.), end-user (hospitals, clinics, medical institutes, and ambulatory clinics) and in-depth region wise analysis (North America, Latin America, Europe, and Asia).

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Self-Intermittent Catheters Market FMI’s report analyses segmentation on the basis of form, type, application and end-use etc. Market trends, economic factors are taken into consideration for a clear analysis.

Guidewires Market Find insights on market trends, industry-validated data strategies, historical and forecast data estimations and geographical regions exhibiting promising growth.

Phototherapy Lamps Market FMI’s report presents analysis on types, technology in-depth analysis and categorization of major key players.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, 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