Market Research Blog – Page 1458 – New Product Development

Security Testing Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032

According to a recent industry study by Future industry Insights, the global security testing market was valued at US$ 7.9 billion in 2021 and is projected to grow to US$ 27 billion by 2032. According to the report’s conclusions, the BFSI sector is expected to continue to be the largest source of revenue. Large volumes of extremely sensitive data must be processed by BFSI, and its software must undergo regular testing to guarantee the security of this data. Demand is also anticipated to be driven by the rise of digitalization, home transactions, and remote workers.

United States to Command the Larger Proportion of Security Testing Sales throughout the Analysis Period

The United States is the leading market for Security Testing demand, having witnessed CAGR of 13.7% from 2017 – 2021 and accounting for over 35% of the market demand. The market is expected to grow in the future as well, with a forecasted market value of US$ 9.4 Bn, with an absolute dollar opportunity of US $6.3 Bn. The rise in government regulations requiring testing to promote cybersecurity is the key driver for demand.

“Security Testing providers are closely working on research and development to combat the ever-changing cybercrime techniques of cybercriminals” comments an analyst at Future Market Insights.

Security Testing Market: Competition Insights

At present, Security Testing providers are focused on harnessing new technology and addressing recent cybersecurity breaches. The key companies operating in the market include IBM, SecureWorks, Synopsys, Rapid7, Micro Focus, Cigniti, AT&T, WhiteHat Security, Veracode, Checkmarx, McAfee, Core Security, Parasoft, ScienceSoft, Data Theorem, Kryptowire ,LogRhythm, PortSwigger, ImpactQA, and NowSecure

Some of the recent development in Security Testing are as follows:

In June 2022, Synopsys, Inc. announced the acquisition of WhiteHat Security for US$ 330 Mn. Whitehat is a provider of application security testing SaaS.
In June 2021, HelpSystems and Cybellum announced a partnership to offer an automated automotive security scanning and vulnerability management analysis solution
In April 2021, IBM Security announced a collaboration with HCL Technologies for the unification and streamlining of threat management though an SOC platform.
In August 2021, FireEye introduced FireEye XDR. The platform aims to help security teams to detect and respond to threats in a more efficient and streamlined manner. FireEye Helix offers an integration by offering SOAR and SIEM capabilities via Mandiant-powered threat intelligence.
In July 2020, Checkmarx partnered with Gaming Innovation Group. Through this, GiG developers will be able to access a source code scanning tool to aid in security testing.
In September 2020, Indium Software announced the launching of its unified smart testing platform uphoriX, which combines functional testing, performance testing, security and compatibility. The testing is automated over the cloud and compatible with testing tools.

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Market Segments Covered in Security Testing Market Analysis

By Type:

Application Security Testing
Network Security Testing
Device Security Testing
Social Engineering

By Deployment Size:

On-premises
Cloud

By Organization Size:

Large Enterprises
SMEs

By Vertical:

SMEs
Large Enterprises
IT
Telecom
Retail and E-Commerce
Education
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Explosive Growth: Moringa Tea Market Expected to Reach USD 21,456.10 million by 2034

The global moringa tea market size to record a valuation of USD 8,001.40 million in 2024. Looking ahead to 2034, the current forecast projects a CAGR of 10.40% throughout. Current projections of the moringa tea industry imply a valuation of USD 21,456.10 million by 2034.

Impelling Causes Bolstering Moringa Tea Demand

Owing to its health benefits, moringa tea is a proliferating trend among other tea beverages on the market, such as the well-known matcha tea. The market niche of moringa tea is evolving due to its appeal to tea lovers and health-conscious consumers. Moringa tea stands out from other tea products due to its high nutritious content and lack of caffeine.

Among the products made from moringa are oil, tea, seeds, and other health-related items. The global moringa tea market is augmenting due to the ease with which raw materials can be obtained and the extensive network of exporters of moringa tea.

Constraining Point Limiting Adoption of Moringa Tea

Since the United States FDA does not monitor moringa, there are issues regarding the safety and purity of the product. It is inhibiting moringa tea market growth since customers prefer regulated products approved by some government organizations before hitting the market.

Regional Outlook

Asia Pacific propels the moringa tea market expansion, grabbing a substantial market share. The large presence of the moringa tree population and the broad consumption of leaves and pods in Japan, India, and other countries cater to the market growth of moringa tea in Asia Pacific.

The promoters of Ayurveda and alternative medication aid the widespread cultivation of moringa trees in the Asia Pacific. The massive export of moringa tea to Western countries, mainly to feed their enormous populations, ushers the Asia Pacific moringa tea market.

“The moringa product market reflects opportunistic growth due to consumer interest in health-aware and eco-friendly products. The escalating cognizance of prospective health benefits and environmentally safe cultivation culture optimistically induces the moringa tea market growth. ” Says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Key Takeaways

The boxes segment in the packing type category to possess a share of 68.8% in 2024.
In the nature category, the organic segment to grab a share of 67.1% in 2024.
The United States moringa tea market reflects expansion between 2024 and 2034 at a CAGR of 9.00%.
Germany’s moringa tea industry indicates a CAGR of 8.10% through 2034.
Through 2034, China’s moringa tea market to show escalation at a CAGR of 5.30%.
Between 2024 and 2034, Japan’s moringa tea industry to imply growth at a CAGR of 5.20%.
From 2024 to 2034, the India moringa tea market to equate at a CAGR of 4.20%.

Competitive Landscape

Leading moringa tea manufacturers have introduced new items with enhanced features. Notable moringa tea providers are concentrating on creating novel moringa tea items with improved flavor and taste. The moringa tea vendors are introducing tea made with organically cultivated moringa leaves to meet the growing consumer demand for organic food and beverages.

Latest Developments

NEXE Innovations launched XOMA Superfoods, a new internal brand, in January 2021, catering to the developing needs of environmentally concerned and health-conscious consumers. With the declaration of a new direct-to-consumer e-commerce platform, NEXE aspires to spur the quantity of products offered for online and subscription purchases.
Premium moringa leaves make Green Provisions’ new moringa iced tea, which debuted in May 2020. It is a high-quality iced tea in a handy bottle pack.

Prominent Moringa Tea Vendors

Kuli Kuli
Grener
Rootalive
Rainforest Herbs
Ayuritz Phytonutrients Pvt. Ltd.

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Key Segments

By Nature:

Organic
Conventional

By Formulation:

Original
Flavored

By Packing Type:

Boxes
Bags
Loose
Gift Packing

By Type:

Crushed Leaves
Tea Infusion Bags

By Region:

North America
Latin America
Western Europe
Eastern Europe
Japan
Asia Pacific
Middle East and Africa

About Future Market Insights (FMI)

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Projected Growth: Full-Service Restaurants Market to Expand to USD1.93 Trillion by 2033

The full-service restaurant market is predicted to be worth USD 1.51 trillion in 2023, rising to USD 1.93 trillion by 2033. The demand for full-service restaurants is anticipated to mark a CAGR of 2.5% during the projected period.

Full-service restaurants have become increasingly popular due to their wide range of menu options, relaxed atmosphere, and personalized service. Urbanization has led to a growing number of busy working individuals seeking quick and convenient dining options. Full-service restaurants offer a hassle-free dining experience that provides a break from their fast-paced lives. These factors drive the widespread adoption of full-service restaurants during the forecast period.

Consumer food preferences are shifting as they seek new and unique dining experiences. Full-service restaurants have responded to this trend by offering various gourmet and ethnic cuisine options, attracting food lovers and adventurous diners. In addition, an increasing number of women entering the workforce has led to a shift in traditional gender roles, with more disposable income and dining out more often. Full-service restaurants cater to this demographic by offering a range of menu options and a relaxed atmosphere.

The growing tourism industry has also contributed to the full-service restaurants market share growth. Tourists often seek unique dining experiences, and full-service restaurants offer various menu options and a comfortable atmosphere that appeals to both local and international tourists.

Full-service restaurants face competition from quick-service and casual dining restaurants, which offer more affordable menu options and faster service. This has made it difficult for full-service restaurants to attract price-sensitive customers. In addition, the rising cost of food and labor has affected the profitability of full-service restaurants. The increasing cost of ingredients and minimum wage increases have put pressure on restaurant owners to maintain profit margins.

Key Takeaways from the Full-Service Restaurants Market:

The chained consumer food service segment dominates the full-service restaurant industry, accounting for more than 56% of the market in 2022.
Casual dining restaurants are the market leader in the full-service restaurant industry, accounting for 62% share in 2022.
The full-service restaurant business in the United States accounts for a sizable portion of the global market, with a share of over 45% expected in 2022.
A sizable market share, approximately 30% in 2022, is held by the full-service restaurant industry in China.
Germany’s market share in the full-service restaurant sector was approximately 25% in 2022, according to FMI.
In 2022, the Japanese full-service restaurant industry accounted to hold a market share of roughly 20%.

Who is Winning?

The full-service restaurants market is highly competitive, with several well-established players in the market. The leading players in the market include Applebee’s, Red Lobster, Olive Garden, and others. These players are focusing on expanding their market presence through new restaurant openings, menu innovation, and strategic partnerships.

Recent Developments in the Full-Service Restaurants Market

In August 2019, Applebee’s introduced its new nationwide delivery network, in which the company will deliver its food and other products to the doorstep, anywhere in the United States.
In 2019, Red Lobster inaugurated its new restaurant in Deer Park, New York, focusing on increasing its market presence and market share in the regional, full-service restaurants market.
Olive Garden has recently launched its new menu items, including gluten-free options and vegetarian dishes, to cater to the growing demand for healthier and more diverse food options. This move is aimed at attracting health-conscious customers and maintaining its market share.

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Key Segments

By Model:

Independent Consumer Foodservice
Chained Consumer Foodservice

By Service:

Casual Dining Restaurants
Fine Dining Restaurants

By Location:

Standalone
Retail
Travel
Leisure
Hotels

About Future Market Insights (FMI)

Market Sweetening: United States and Europe Macarons Market Set to Hit USD 3.17 Billion by 2033

By 2022, the United States and Europe macarons market will be worth USD 1.43 billion. During the forecast period, the market is expected to grow from USD 1.54 billion in 2023 to USD 3.17 billion by 2033, showing a CAGR of 7.5%.

The macaron market is surging in the United States and Europe due to increased demand for premium macaron products such as chocolate macarons, caramel macarons, and others.

Due to a shift in consumer taste preferences, more couples are incorporating macarons into wedding cakes or macaron towers. Also, consumers are more willing to experiment with new flavors and varieties regarding macarons.

With the popularity of macarons, macaron-only bakeries now offer flavors such as salted caramel, pistachio, and matcha. As the demand for artisanal bakeries has increased, macarons have become more popular. Artisans bake different kinds of cakes to appeal to their customers using different textures, colors, and flavors.

Several Americans and Europeans who avoid certain ingredients such as gluten, dairy, and animal products due to food allergies are rising. Plant-based flour can be used to make vegan macarons gluten-free. Due to increasing health awareness among consumers, companies constantly innovate to produce products that meet the latest health trends.

Key Takeaways from the Market Study

The United States and Europe macarons market is expected to thrive at a CAGR of 7.5% over the forecast period.
Supermarkets and hypermarkets may grow due to an ever-growing variety of specialized products
Europe is predicted to hold a massive share of the market.

Competitive Landscape:

Macaron manufacturers have felt a significant impact of the pandemic. Therefore, market players are increasingly focusing on optimizing production to meet the decline in demand with a reduction in production capacity and workforce. Additionally, substantial manufacturers are consolidating their presence through strategic mergers and acquisitions during this time.

Recent Developments:

It was announced in May 2022 that The Met Store and Laduree would launch a limited-edition macaron gift box. It features three artisanal Laduree macaron flavors: Ispahan (Rose, Raspberry, and Lychee), Orange Blossom, and Pistachio, which celebrates Islamic cuisine. As a result of Laduree’s partnership with the Met Store, the company has the opportunity to engage the audience with art and culture in various ways. Moreover, the manufacturers have the opportunity to expand their market reach.
There are several flavors available for the Dalloyau Christmas creation macarons in December 2022, including cocoa and citrus fruit flavors.
In March 2022, Chantal Guillon may offer a special animal-free macaron made from EVERY EggWhite, a precision-fermented egg white. EVERY Co., a biotechnology company, partnered with Chantal Guillon to create this macaron.
Laduree, a French brand, has announced that Matthew Kenny, one of the renowned vegan chefs, may lead the brand to a vegan diet in September.
In addition to offering superfood macarons in 2020, Laudree sells eco-friendly boxes that contain hemp, green tea, matcha, chocolate pomegranate, and marina flavors.

Competitive Landscape: Top Manufacturers of the United States and Europe Macarons and Their Recent Developments

Some key players in the United States and Europe macarons market are:

Chantal Guillon (United States)
Dana’s Bakery (United States)
Dalloyau (France)
Pierre Hermé Paris (France)
Jean-Paul Hevin (France)
Tipiak Group (France)
La Maison du Chocolat (France)
Olivia Macaron (United States)
RICHART (United States)
Ladurée Paris (France)

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Market Segmentation by Category

By Flavor:

Fruit-flavored
Chocolate
Caramel
Lemon
Vanilla
Pistachio
Basic
Others

By Distribution Channel:

Supermarket/Hypermarket
Specialty Stores
Online Retail
Others

By Region:

United States
Europe

About Future Market Insights (FMI)

Microencapsulation Market Anticipated to Achieve 8.2% CAGR Growth by 2032: Future Market Insights, Inc.

The global microencapsulation market is estimated to be valued at USD 6.5 billion in 2022 and is projected to reach USD 10.3 billion by 2032, at a CAGR of 8.2% from 2022 to 2032.

The food microencapsulation market is likely to benefit from strategic partnerships forged between industry partners and technology users. With companies looking at investing in research and development to boost efficiency, the future of the food microencapsulation market seems very promising.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

However, a coronavirus outbreak might impact the growth of the market. The report covers chief growth drivers and key restraints influencing the market’s overall trajectory. It has been compiled with the intent of examining investment feasibility in the market across various regions and segments.

It includes in-depth insights into the food microencapsulation market. Some of these are:

The estimated value of the market was at the food microencapsulation market stood at a value of US$ 5.3 Bn in 2019. Through the course of the report’s forecast period, the market is likely to exhibit to a steady pace of growth.
However, supply chain disruptions and decelerated demand due to coronavirus outbreaks may negatively impact growth.
Regionally, North America has emerged as a key market for dominance in the global food microencapsulation market.
The Asia Pacific is anticipated to increase the usage of exhibit increasing use of microencapsulated products. The rising awareness due to the growing awareness about health and welfare among individuals in its developing nations of India, China, and Japan will boost the update of the microencapsulation process in the regions.
Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets. Key players operating in the market are expected to focus on strategic collaborations to expand their geographic footprint.

“Food and beverages and pharmaceutical industries are among key end users of microencapsulation process. Manufacturers in the food and beverages sector are focusing on ensuring better nutritional value in their products, which will in turn create growth prospects for the market,” said a lead analyst at FMI.

COVID-19 to Hamper the Growth of the Food Microencapsulation Market

Previously deemed resistant to economic instability, increasing unemployment, declining competition, and supply chain disruptions have affected industries. Moreover, lockdowns following aggressive social distancing by governments, to mitigate the spread of COVID-19 globally, are likely to hamper the near-term revenue growth of the paper cups industry.

Supply chain disruptions caused due to extended periods of lockdown have in turn stirred unrest among suppliers as well as end-users. The true measure of potential recovery can be determined only after economies resume their normal course of operations. Furthermore, travel bans and restrictions imposed by governments around the world are hampering the market growth.

Who is Winning?

Key players operating in the global food microencapsulation market are BASF, Royal Friesl and Campina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Sensient Technologies, Lycored Corp., Balchem Corporation, Encapsys, Arcade Beauty, and Koehler Innovative Solutions, and among others. In order to enhance their market position in the global food microencapsulation market, key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.

Detailed Market Breakdown: Comprehensive Full Report

Get Valuable Insights into Food Microencapsulation Market

Future Market Insights, in its new report, presents an unbiased analysis of the global food microencapsulation market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights into growth witnessed in the market.

By Application:

Pharmaceutical & healthcare products
Food & beverages
Household & personal care products
Agrochemicals
Construction material
Textiles
Other applications (construction chemicals, inks, energy molecules)

By Technology:

Spray technology
Dripping technology
Emulsion technology
Other technologies (coating, physico-chemical, and chemical technologies.)

By Core material:

Agricultural inputs
Food additives
Pharmaceutical & healthcare drugs
Fragrances
Phase change material
Other core material (defense, and paper & printing.)

By Shell material:

Polymers
Gums & Resins
Lipids
Carbohydrates
Proteins

About Future Market Insights (FMI)

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Feed Pigment Industry Forecasted to Expand at 6.6% CAGR, With a Market Value of USD 2.9 Billion by 2034

The total feed pigment market is a vibrant landscape poised for significant growth, with a projected value of USD 2.9 billion by 2034, translating to a compelling CAGR of 6.6%. This surge is driven by a confluence of factors, making it a prime target for B2B investors seeking lucrative opportunities in the health and wellness sector.

The demand for feed pigments is fueled by a multitude of factors, creating a robust market environment:

Soaring Meat Consumption: Consumers worldwide are indulging in more meat products, driving the need for visually appealing and healthy animal feed. Feed pigments enhance the color and quality of meat, aligning perfectly with this trend.
Health Benefits for Animals: Carotenoids, a prominent type of feed pigment, offer a plethora of health benefits for animals, including improved immunity, antioxidant properties, and enhanced performance. This focus on animal well-being translates to increased demand for feed pigments.
Industrialization of Animal Farming: The burgeoning industrialization of hog, poultry, and aquaculture industries necessitates large-scale production of high-quality animal feed. Feed pigments play a crucial role in ensuring consistent coloration and improved product quality.

“A major growth driver is farmers’ continued acceptance of feed pigments. Furthermore, increased awareness, as well as the presence of superior R&D facilities, is facilitating market expansion. As a result, the worldwide feed pigment market will grow at a steady 6.6% CAGR throughout the projected period ,” predicts FMI.

Growing Factors: A Spectrum of Opportunities

Several key factors are propelling the feed pigment market towards a bright future:

Rising Health Consciousness: Consumers are increasingly prioritizing preventative healthcare and natural solutions for themselves and their pets. This focus on holistic health extends to animal feed, creating a demand for natural and functional feed pigments.
Aging Population: The global population is aging rapidly, with a corresponding rise in concerns about cognitive decline. Feed pigments with potential benefits for animal brain health present a lucrative avenue for growth.
Shift Towards Plant-based Pigments: Meeting the growing consumer demand for sustainable and clean-label products, the market for plant-based feed pigments is experiencing a surge. This presents a unique opportunity for B2B investors to capitalize on this eco-friendly trend.

It includes in-depth insights into the feed pigment market. Some of these are:

The estimated value of the market was at USD 1.5 billion 2024. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Asia Pacific and North America dominated the global feed pigment market.
To cater to this growing demand, companies are developing innovative production methods to increase production capacity and reduce costs.
Consumers are unlikely to invest as willingly amid a rising pandemic panic. Furthermore, disturbances to the supply chain are causing sleepless nights to leading market players. Hence, manufacturers are gearing up to come back after coronavirus outbreak.
Poultry meat is the most consumed by humans with per capita consumption of 30.6 kilograms per year, followed by pork with per capita consumption of 23.5 kilograms per year and beef and veal with per capita consumption of 14.8 kilograms per year.

Carotenoids have been proven helpful in protecting against light and oxygen damage. They are responsible for muscle pigmentation in fish which is intended for fish consumption and skin which is intended for fish keeping. Feed pigment, if supplemented in right quantities, would lead to the proper supply of essential nutrients.

While aforementioned factors will give impetus to the market, supply chain disruptions may hamper the growth to an extent. Restrictions on travel, lockdown and other precautionary measures undertaken to contain the spread of coronavirus are likely to disrupt operations, inevitable negatively impacting the market.

Who is Winning?

Some of the leading players operating in the feed pigment market are BASF SE (Germany), Royal DSM NV (Netherlands), Kemin Industries, Inc. (US), Novus International, Inc. (US), Guangzhou Leader Bio-Technology Co., Ltd. (China), D.D. Williamson & Co., Inc. (DDW) (US), Nutrex NV (Belgium), Behn Meyer Group (Malaysia), Vitafor NV (Belgium), and Innovad AD NV/SA (Belgium)

To improve their position in this industry, these major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product releases, extensions, alliances, joint ventures, collaborations and others.

Comprehensive Industry Report: A Full Market Analysis

Segmentation

By Product Type:

Carotenoids
- â-carotene
- Lutein
- Lycopene
- Astaxanthin
- Zeaxanthin
- Canthaxanthin
- Others
Curcumin
Caramel
Spirulina
Others

By Source:

Natural
Synthetic

By Livestock:

Swine
Poultry
Ruminants
Aquatic animals
Others

About Future Market Insights (FMI)

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Microparticulated Whey Protein Market to Soar to USD 376.7 Million by 2033 with 8.2% CAGR

According to Future Market Insights (FMI), the global microparticulated whey protein market is valued at USD 165.0 million in 2023. It is estimated to reach USD 376.7 million by 2033. Sales are likely to grow at a CAGR of 8.2% from 2023 to 2033.

It is noteworthy that ready-to-drink beverages occupy a substantial proportion of the global market. It is anticipated to hold a market share of 34.4% by 2033.

In the present era, where individuals lead busy lives, ready-to-drink beverages have gained popularity owing to their convenience and portability. These beverages provide consumers with the opportunity to explore new and innovative packaging methods and ingredients, such as carbonation.

Within the category of ready-to-drink beverages, both refrigerated and shelf-stable beverages are included. The demand for shelf-stable products is high as they are easy to store and distribute.

Growing demand for sports nutritional supplements is expected to provide favorable opportunities for manufacturers. This is due to microparticulated whey protein’s availability, amino profile, and digestibility.

Increasing demand for healthy and functional food products is also likely to stimulate market demand. Consumers are becoming health conscious and are actively seeking products that offer nutritional benefits. As it contains amino acids and high protein content, it also enhances texture and sensory attributes.

Changing consumer behavior, with a significant percentage seeking low-fat and high-protein food options, is driving the demand for microparticulated whey protein as a replacement for high-fat ingredients.

Increasing adoption of microparticulated whey protein as a texturizing and emulsifying agent in various food formations will drive demand. It provides excellent water-binding capabilities and can contribute to improving texture, velocity, and stability. These properties make it highly valuable for applications such as meat products, sauces, dressings, and desserts.

This trend is also prompting packaged food companies to incorporate functional ingredients to enhance their product labels and maintain their competitive edge.

Key Takeaways from this Market Report:

The global market for microparticulated whey protein is anticipated to reach US$ 376.7 million by 2033.
The United States is likely to expand at 7.0% CAGR between 2023 and 2033.
Germany is likely to dominate Europe market for microparticulated whey protein and holds a valuation of US$ 38.2 million by 2033.
In terms of application, the ready-to-drink beverages segment accounts for a dominant share of 34.0% of the total market by 2033.
By form, the powder segment is expected to hold a significant market share of 89.6% of the total microparticulated whey protein industry in 2023.

Who is Winning?

CPKelco- SIMPLESSE®, Arla Foods Ingredients, Sure Protein WPC550 (NZMP), MILEI GmbH, Carbery, Leprino Foods, Makers Nutrition, LLC, Fonterra, Nutra Solutions, and Others are key players in the microparticulated whey protein market

Key players are developing microparticulated whey protein products with unique properties, enhanced functionalities, and improved technologies. They are also investing in research and development to create new formulations and explore novel applications.

Key manufacturers are also implementing quality control measures, and conduct regular testing and analysis to obtain necessary certifications.

For instance,

In May 2021, Arla Foods Ingredients launched a new range of microparticulate whey protein ingredients. These are designed to use in low-pH beverages, such as energy drinks and fruit juices.
In February 2021, Glanbia plc announced a partnership with a German start-up, Ingredient Insights GmbH, to develop new plant-based protein ingredients. It includes microparticulate whey protein, for use in food and beverage products.
In November 2020, Hilmar Ingredients announced the launch of its new microparticulate whey protein concentrate. It is designed to provide enhanced texture and stability in a variety of food and beverage products.

Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com

Market by Categorization:

By Application:

Ready-to-drink Beverages
Functional Beverages
Baked Goods
Confectionery
Snacks and Cereals
Dairy
Cheese/Processed Cheese
Yogurt
Coffee Creamer
Nutritional Products
Sports Nutrition
Medical Nutrition
Infant Nutrition
Frozen Desserts
Spreads
Margarine
Fat Based Condiments

By Form:

Powder
Liquid

By Region:

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

About Future Market Insights (FMI)

By 2033, Marine By-Products Market to Achieve USD 64,849.3 Million. with Steady 5.6% Growth

According to Future Market Insights (FMI), the global marine by-products market is currently valued at USD 33,725.4 million. Over the forecast period 2023 to 2033, global marine by-product sales are expected to surge at 5.6% CAGR. Total market value at the end of 2033 is anticipated to reach USD 64,849.3 million.

Growth in the market will be driven by increasing consumer awareness and willingness to pay premiums for high-quality seafood products derived from sustainable sources.

Marine by-products are gaining wider popularity in a wide range of sectors due to their high nutritional content. They are being used in animal feeds, food products, dietary supplements, and cosmetics. Rising production and consumption of these products will therefore boost global marine by-product sales.

The market is anticipated to benefit from creative promotional strategies and the extraction of useful compounds from underutilized species used by key marine by-product manufacturers.

Manufacturers are implementing creative strategies such as focusing on a variety of marine by-products catering to various end-use segments to minimize dependency on any particular application. It involves producing fish meal and oil for animal feed, aquaculture, and direct human consumption.

Investments are also being made in the development of cost-effective procedures for converting byproducts such as protein concentrates, lipid fractions, and collagen into saleable items.

Producers are looking for strategies to improve yield rates and overall product quality. They are building distribution networks across areas to tap into localized demand, mitigate risks associated with solely concentrating on any single geographic location, and sell surplus inventory into international markets when necessary.

Educating consumers about the benefits and sustainable aspects of marine by-products might also drive market growth. Manufacturers can invest in marketing campaigns, product labeling, and consumer education initiatives to create awareness and promote the value of marine-derived products.

Key Takeaways from the Marine By-products Market Report:

The global marine by-products industry value is anticipated to reach US$ 64,849.3 million by 2033.
Global demand for marine by-products is likely to soar at 6% CAGR over the forecast period.
Based on product type, frozen seafood segment is anticipated to reach a valuation of US$ 54,668.03 million by 2033.
By end use, feed production segment is forecast to reach a valuation of US$ 21,465.14 million by 2033.
The United States marine by-products industry size is projected to reach US$ 15,045.06 million by 2033.
Marine by-product demand in China market is likely to rise at a CAGR of 7%.

Who is Winning?

Key players are expanding their portfolios by introducing new products. They also implement strategies such as partnerships, collaborations, advertisements, acquisitions, and mergers to stay relevant in the market.

Key Companies Profiled

Copeinca
Pelagia AS
Colpex International
GC Rieber Oils
KD Pharma Group
FF Skagen
Austevoll Seafood ASA
Qingdao Kangjing Marine Biotechnology Co., Ltd
Scanbio Marine Group
Aker BioMarine
Omega Protein Corporation

For instance,

In May 2022, Pelagia announced the acquisition of Norsk Fiskeindustri Invest AS (NFI).

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Marine By-products Market by Category

By Product Type:

Frozen Seafood
- Fish
- Molluscs
- Crustaceans
- Others
Fish Oil
- Salmon oil
- Tuna oil
- Cod liver oil
- Sardine oil
- Squalene oil
- Krill oil
- Anchovy oil
- Menhaden oil
- Others
Fish Meal
- Molluscs
- Eels
- Marine fish
- Trout
- Catfish
- Milkfish
- Salmons
- Swordfish
- Tilapia
- Tuna
- Cyprinids
- Crustaceans
- Others

By End Use:

Food Service Industry
Food Processing Industry
Cosmetics
Dietary Supplements
Food and Beverages
Feed Production
Retail / Household

By Region:

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

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Rising Demand for Premium Dairy Products Drives Expansion in Dairy Herd Management Market Until 2030

In the heart of modern agriculture, a quiet revolution is taking place. The Dairy Herd Management Market, driven by innovation and technology, is reshaping the way dairy farms operate. Here’s a glimpse into this transformative industry:

The global dairy herd management market size is expected to reach US$ 5,640.8 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.3% CAGR between 2022 and 2030. According to the report, rising demand for dairy products and increasing number of dairy cattle globally will have positive impact on the overall market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

The increasing demand for products derived from dairy-producing animals and rising population of dairy herd are driving this market. Also, the rising incidence of diseases in animals is aiding in the growth of this market. However, factors such as unethical conduct with respect to animals may impact the market of dairy herd management services negatively. Increasing demand for milk and milk products such as cream, butter, and cheese is anticipated to boost the market over the forecast period

It includes in-depth insights into the dairy herd management services market. Some of these are:

The estimated value of the market was at US$ 3,062 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, Europe has emerged as a key market for dairy herd management services holding the largest share in the market.
North America and Asia will remain steady as key markets for dairy herd management services.
The outbreak of novel coronavirus has impacted business across nations such as the US, India, China, Italy. As a result of this, the market may witness resistance to growth in regions such as North America, Asia Pacific and Europe.
Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets.

Increasing Consumption of Dairy Products will Propel Growth

Increasing demand for milk and milk products such as cream, butter, and cheese is anticipated to boost the market over the forecast period. The market is likely to benefit from operational cost benefits in long-term. Because dairy herd management services assists in monitoring and maintaining overall health of cattle and livestock, their demand is likely to rise in the coming years. While earlier predictions identified rising disposable income of consumers as a key growth drivers, the recent coronavirus outbreak has changed the dynamics. Restrictions imposed on travel and lockdown enforced across nations witnessing coronavirus may have negative impact on the overall market.

Who is Winning?

Some of the leading players operating in the dairy herd management services market are Alta Genetics Inc.; Dairymaster; Delaval Inc., Afimilk; BouMatic LLC, Fullwood Packo, GEA Group Aktiengesellschaft Lely, SCR Dairy Inc., Sum-it Computer Systems, Valley Agricultural Software, and Zoetis.

North America and Europe are expected to contribute the most towards global dairy herd management services market in the near future. Increasing disposable income, rising population and active participation of government for the development of dairy farming industry can contribute towards the growth of this market in the developing countries of the Asia Pacific, Latin America and others.

In order to capture a larger market share, key market incumbents are undertaking initiatives and adopting strategies such as entering into partnerships, engaging in mergers and acquisitions and maintaining competitive pricing.

Complete Market Review: A Full Report Analysis

DAIRY HERD MANAGEMENT SERVICES MARKET TAXONOMY

The global Dairy herd management market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

Automated Dairy Management Systems
Milk Management Systems
Reproductive Health Management Systems
Feeding/Nutrition Management Systems
Cattle Management Systems
Herd Disease Management Systems
Standalone Software
On-premise Software
Web-based/Cloud-based Software

Application

Milk Harvesting
Feeding
Breeding
Cow Comfort and Heat Stress Management
Calf Management
Health Management
Other Applications (Genetic Management, Cattle Sorting, Weighing, and Data Analysis)

End User

Small-scale Dairy Farms
Large-scale Dairy Farms
Cooperative Dairy Farms

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Get Valuable Insights into Dairy Herd Management Services Market

Future Market Insights, in its new report, presents an unbiased analysis of the global dairy herd management services market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on product type the market is segmented into milk management systems, feeding/nutrition management systems, animal waste management systems, breeding management and others. In terms of end-user small-scale dairy farms, large-scale dairy farms, cooperative-scale dairy farms. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Custom Dry Ingredients Blends Market to Reach USD 1.65 Billion by 2033, Growing at 4.1% CAGR | FMI

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The custom dry ingredients blends market is forecasted to soar from its 2023 value of US$ 1.12 billion to an incredible US$ 1.65 billion by 2033, registering a CAGR of 4.1%.

Because consumers are demanding better food options, custom dry ingredient blends are being employed more and more in the production of healthy food products. This growing demand presents a huge opportunity for the custom dry ingredient mix market. It’s also important to keep in mind that customised dry ingredient mixtures could be more expensive than other high-quality ingredient options. Because of this, those who are having financial difficulties could be hesitant to purchase these goods.

Market Opportunities

The strong compound annual growth rate of the custom dry ingredient mix market is mostly due to the growing demand for customised cuisine. Additionally expanding is the e-commerce sector, which presents new prospects for the custom dry ingredient mixes market. Custom dry ingredient blends are utilised to generate sustainable food items, which are in demand by consumers.

Key Takeaways

The custom dry ingredients blends industry aims to grow at a CAGR of 4.1% from 2023 to 2033.
The custom dry ingredients blends industry is set to experience significant expansion, with an estimated value of 1.65 billion through 2033.
The United States has been a dominant force in the custom dry ingredients blends industry for many years, and its market share is 23.9%.
China has achieved an impressive custom dry ingredients blends industry share of 12.5%, showcasing its strong competitive position in the global market. China’s efficient production processes have played a crucial role in delivering high-quality products in a cost-effective manner

Germany has earned a commendable reputation for its unwavering commitment to delivering high-quality custom dry ingredients blends products to its valued customers. Boasting a substantial market share of 8.5%, the country has demonstrated its strong presence in the industry.
India has established itself as a prominent leader in the custom dry ingredients blends industry, boasting a substantial market share of 4.3%.

Competitors Winning Strategies

Competitors in the custom dry ingredients blends industry are mainly focusing on making new products and services to fulfill customer demands. They are also building strong relationships with their customers, suppliers, and partners, which keeps the company lead in the competition. They are also investing in sales and marketing of their products, and from this they get new customers.

ABS Food Ingredients, JES Foods, Blendex Company, H T Griffin Food Ingredients, Pacific Blends Ltd, Kerry Group, Archer Daniels Midland, Cargill, and DSM are certain competitors in the market.

Recent Developments

JES Foods: JES Foods just started a new range of organic bespoke dry ingredient mixes. These blends are prepared with completely natural components and are excellent for customers searching for nutritious and environmentally friendly food solutions.
Blendex Company: Blendex Company recently revealed an increase in its capacity for production. This growth intends to help Blendex to satisfy the increased demand for its bespoke dry ingredient mixes.
H T Griffin Food Ingredients: H T Griffin Food Ingredients just debuted a new range of gluten-free bespoke dry ingredient blends. These mixes are great for customers who are seeking gluten-free dietary choices.
Pacific Blends Ltd: Pacific Mixes Ltd announced the debut of their new range of vegan bespoke dry ingredient mixes. These mixes are great for customers who are searching for vegan cuisine choices.

Full Market Assessment: Comprehensive Report

Custom Dry Ingredients Blends Services Market by Category

By End Use Application:

Sauce Mixes
Seasoning Blends/Mix
Soups & Bouillons Mixes
Salad Dressing Spice Mixes
Bakery Mixes
- Bread/Batter Mixes
- Cake Mixes
- Pancakes (Hotcakes) Mixes
- Pastry Mixes
- Muffins Mixes
- Donuts Mixes
- Brownie Mixes
- Cookie Mixes
Cereal Mixes
Drink Mixes
Meat and Meat Products Mixes
Drehydrated Fruit/Vegetable Mixes
Blended Flours
Food Service Industry

By Nature:

Organic
Conventional

By Form:

Flake
Flour
Bran
Whole Form

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

About Future Market Insights (FMI)

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