Market Research Blog – Page 14638 – New Product Development

Molecular Imaging Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2031

Molecular imaging is an emerging diagnostic technology that allows visualization, differentiation, and quantify various biological processes occurring inside a living organism at the molecular and cellular level. The global molecular imaging market is estimated to be valued approximately at US$ 4 Bn in 2021, finds Future Market Insights (FMI) in a study.

Molecular imaging targets molecular pathways and mechanisms associated with a particular disease present inside a living body. It enables to study of the molecular abnormalities taking place inside the body to carry out early detection of disease and to optimize medications aiming for disease-related molecular targets. Nuclear medicine plays a vital role in conducting a molecular imaging process and can be broadly used for the treatment of distinct cancer and related diseases.

Clinical molecular imaging is trending towards hybrid modalities such as PET-CT, SPECT, or PET-MR that provide high-resolution anatomical imaging. PET-CT is anticipated to gain maximum revenue share over the forecast period, and the segment is projected to expand at a CAGR of 16.3% during the forecast period.

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Molecular imaging has evolved as a promising tool for early detection of cancers and cardiac diseases, providing a more complete picture of the tumor genome, as well as monitoring tumor emergence during disease. Molecular imaging provides the ability to accurately evaluate biological responses to the treatment of individual patients over time, opening the door to personalized medical techniques directed by molecular imaging reporters.

Key Takeaways from Molecular Imaging Market Study

Molecular imaging market will register accelerating demand, enabling a y-o-y growth of nearly 11% in 2021
Backed by presence of a state-of-the-art healthcare infrastructure, the U.S. accounts for nearly 65% sales in North America
Driven by rising cases of cancer, the U.K. market will exhibit above 14% y-o-y growth in 2021
Government initiatives aimed at offering advanced medical care will enable growth in Germany and France
The market in China is expected to surge at a CAGR of over 10% from 2021 to 2031

Molecular Imaging Needs Rising In Response to Increasing Cancer Cases

According to the World Health Organization (WHO) in 2020, breast cancer emerged as the most common type of cancer, affecting 2.2 million people around the world. Lung cancer has been the leading cause of death with over 1.7 Mn of total deaths in 2020. North America has the highest incidence rate of cancer followed by East Asia. This rise in the cancer population is leading to a rise in the demand for diagnostic imaging, thereby catalyzing the demand for molecular imaging.

Who is Winning?

Key players in the molecular imaging market are keenly focusing on carrying out strategic activities such as acquisitions, collaborations, and mergers, product launch, global expansion to create a strong position in the market is leading to vigorous developments which are helping the market to grow at a considerable rate.

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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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High Content Screening (HCS) Market Perspective, Comprehensive Analysis, Growth and Forecast 2021-2031

The increasing demand for cell visualization and quantification using advance technique has been enabling growth in the global high content market. As per a study by Future Market Insights (FMI), driven by rising application in pharmaceutical and biotech companies, the market is poised to reach a valuation of US$ 1.5 Bn by the end of 2021. As per the study, the pharmaceutical and the healthcare sector will account for over 31% of demand registered in the market in 2021.

High content screening is adopted for drug discovery and development. Increasing research in search of the novel drug candidate and target identification & validation is expected to propel the adoption of high content screening over the forecast years. Besides this, continuous focus on manufacturing high quality and technologically advanced cell imaging system is expected to accelerate demand over the course of the forecast period.

However, due to COVID 19 outbreak, the research and development activities were hampered immensely. This is expected to have a negative impact on the market. Nonetheless, increasing investments by key manufacturers in the development of advanced cell imaging product is expected to boost the market in the coming years.

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Key Takeaways of High Content Screening Market Study

The high content screening market will rise at register a little below 5% y-o-y growth in 2021, following a brief period of restrictions amid COVID-19
Presence of a sophisticated healthcare and pharmaceutical infrastructure is enabling the U.S. market account for over 90% of sales in North America
The U.K. will register an impressive 7.2% y-o-y growth in 2021 driven by increasing focus on research and development activities in the pharmaceutical sector
Demand registered in Germany and France is expected to rise significantly within Europe
Favorable government policies will support expansion in Japan, followed by China

Who is Winning?

The key manufacturers in the high content screening market are involved in several partnerships and collaboration to develop new cell imaging technology. The leading manufacturers are also making their business strategies by making collaborations with international laboratories and research institutes to develop new imaging technologies.

For instance, In December 2019, Leica Microsystems make a collaboration agreement with the European Molecular Biology Laboratory (EMBL) to develop new imaging technologies applicable in life science. With this agreement EMBL and Leica promoting new imaging technologies for cell imaging.

Valuable Insights into High Content Screening Market Study

Future Market Insights offers actionable insights and a unique perspective on the high content screening market in its latest study, presenting historical demand assessment from 2016 – 2020 and projections from 2021–2031 based on product (cell imaging & analysis, consumables, Softwares, services), industry (pharmaceutical & healthcare, biotechnology, educational institutions, independent CRO, government organizations and others), and by application (primary & secondary screening, target identification & validation, toxicity studies, compound profiling and others) in seven key regions.

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

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Liquid Carton Packaging Market Trends, Growth, Future Demand, Analysis and Forecast by 2025

Liquid cartons have made steady progress over the last five years, and are forecast to grow at a significant rate. A liquid packaging carton is a container which enables the safe transportation and storage of liquid products such as juice, milk etc. Liquid packaging is primarily used for packaging Fast-moving consumer goods (FMCG). The liquid packaging cartons can be of various sizes, shapes and application types, and are easy to design and model according to the packager’s need.

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Liquid Carton Packaging Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Liquid Carton Packaging market. Competitive information detailed in the Liquid Carton Packaging market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Liquid Carton Packaging market report.

The major global players in the global liquid carton packaging market are Tetra Laval, Comar, Inc., Liqui-Box Corp. and Tri-Wall, and Wayerhaeuser to name a few. The major players in this category follow the strategy of partnership, collaboration and introduction of innovative packaging style in order to maintain their position and enhance their product offering in the global liquid carton packaging market.

Crucial information and forecast statistics covered in the Liquid Carton Packaging market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

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Liquid Carton Packaging: Drivers and Restraints

The major driver of liquid carton packaging market includes growing demand for packaged food and beverages, convenience in carrying and transportation, innovation in packaging and recyclable nature of cartons packs are fueling the market growth. However, high competition from plastic packaging and high price are some of the factors which are restraining the market from its potential growth.

Important Questions Answered in the Liquid Carton Packaging Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Liquid Carton Packaging market been expanding during the forecast period?
How will the global Liquid Carton Packaging market look like by the end of the forecast period?
What innovative strategies are adopted by Liquid Carton Packaging market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Liquid Carton Packaging market?

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth

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Reconditioned Steel Drums Market Business Opportunities For Manufacturers: The Cary Company, Chicago Steel Container Corp. ,General Steel Drum LLC

Mounting environmental concerns over recycling / safe disposal of packaging containers have headed to the emergence of new regulations / policies, thus mandating companies to recover their packaging products. However, re-use of this containers especially steel drums with the previous residues may lead to cross contamination. This has led key bulk industrial packaging manufacturers to provide reconditioning services.

As per the Reusable Industrial Packaging Association (RIPA), a U.S.-based trade association which includes businesses such as manufacture, recondition and/or distribution of industrial containers, there was a steep decline of approximately 45% in scrapping of steel drums in United States in the year 2013.

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Key players covered in the report include:

Greif, Inc.
Mauser Group B.V.
The Cary Company
Rahway Steel Drum Co Inc.
Mitchell Container Services, Inc
Chicago Steel Container Corp.
General Steel Drum LLC
Schutz Container Systems, Inc.
North Coast Container Corp.
Metal Drum Co Ltd/The
Industrial Container Services, Inc.

COVID-19 Impact Analysis on Reconditioned Steel Drums Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Reconditioned Steel Drums market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Reconditioned Steel Drums market have put their production on a halt.

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The global reconditioned steel drums market can be segmented on the basis of material type into:

Stainless Steel Drums
Cold rolled Steel Drums
Carbon Steel Drums

The global reconditioned steel drums market can be segmented on the basis of head type into:

Tight Head (closed top) Reconditioned Steel Drums
Open Head (removable top) Reconditioned Steel Drums

The global reconditioned steel drums market can be segmented on the basis of size/capacity into:

Reconditioned steel drums with Capacity Up to 10 Gallons
10- 25 Gallons
25- 40 Gallons

Global Reconditioned Steel Drums Market: Regional Outlook

The global reconditioned steel drums market is segmented into seven regions, namely, Latin America, North America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ), and Japan.

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Important Questions Answered in the Reconditioned Steel Drums Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Reconditioned Steel Drums market been expanding during the forecast period?
How will the global Reconditioned Steel Drums market look like by the end of the forecast period?
What innovative strategies are adopted by Reconditioned Steel Drums market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Reconditioned Steel Drums market?

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Drug Discovery Enzymes Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

The Global Drug Discovery Enzymes market study provides critical information related to the global, regional and top players including Drug Discovery Enzymes market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Drug Discovery Enzymes market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Drug Discovery Enzymes market.

Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

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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.

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 Drug Discovery Enzymes 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.

Detailed analysis on the geographical region and country wise insights are offered in the latest Drug Discovery Enzymes market report with established market players as well as incumbents in the region.

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The global Drug Discovery Enzymes market can be segmented as follows:

Based on Product Type:

Active kinases
Ubiquitin
Epigenetic
Methyltransferases
Deacetylases (hdacs)
Phosphodiesterases (pdes)
Others

Based on End User:

Pharmaceutical and Biotechnology Company
Research Institutes
Others

Drug Discovery Enzymes Market: Segmentation

By Region

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

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Sigma-Aldrich Co. LLC. ,
Kaneka Corporation,
Actelion Pharmaceuticals Ltd (Genesis Biotechnology Group,
Suven Life Sciences Limited,
Enzo Life Sciences, Inc., and Merck KGaA

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Drug Discovery Enzymes 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.

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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 Drug Discovery Enzymes 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

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
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Website: https://www.futuremarketinsights.com

Cold Chain Packaging Market to Witness a Healthy Growth by 2030

The demand for cold chain packaging solutions has increased significantly with the growing requirement from the food, beverages, and pharmaceutical industries. Growing consumer inclination toward cosmetics and personal care products has further fueled the sales of cold chain packaging. According to the Future Market Insights (FMI), the global cold chain packaging market is anticipated to grow at over 14.5% CAGR during the forecast period between 2020 and 2030.

The latest report by FMI provides a detailed analysis of the global cold chain packaging market, and its growth, scope, and potential during the forecast period between 2020 and 2030.

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Key Takeaways

Phase change cold storage products such as plates, micro capsules, bags, and balls continue to witness high demand
Reusable packaging formats continue to outsell other variants
Polymer to exhibit hegemony for being the most preferred material in the manufacturing of cold chain packaging
The steady growth of the food industry will continue to create opportunities
US will continue to be a lucrative market globally
Germany, France, and China will witness steady sales through 2030

“The growth of the cold storage packaging industry is gaining momentum with the surge in demand from the food & beverages industry. While the advanced cold storage packaging solutions are being devised by manufacturers, the rise in demand from pharmaceuticals industry is further fueling the sales of cold storage packaging. The steady growth of the pharmaceutical industry will complement demand from traditional channels,” says an FMI analyst.

Growing Food and Beverages Industry Spurring Growth

Cold chain packaging solutions are widely used in the food and beverages industry as they provide with the proper refrigeration during the transport and distribution of the food and beverages while preserving the quality. During the height of the COVID-19 pandemic, as other industries witnessed waning demand, the food and beverage industry continued to post gains in many countries. Further, as supply chains relied on e-commerce, demand for efficient storage and packaging grew manifold.

Considering the change in status-quo brought about by the COVID-19 pandemic, it is likely that demand for cold chain packaging will continue to grow through 2020-2030.

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Who is Winning?

The key players in the global cold chain packaging market are experiencing fierce competition. In order to leverage the upcoming opportunities, they are started with launching diverse cold chain packaging solutions.

For instance,

Pelican Products launched its new range of cold storage packaging solutions such as NanoCool Instantly Cooled Parcel, Dry Ice Parcel, and others in the last year
Sonoco ThermoSafe launched its new extensive range of cold chain packaging solutions such as Durable Insulated Containers, Protective Cold Chain Packaging, and others in the last year

Connected Game Console Market Estimated Drive the Industry Growth Across World in Coming Year

A report on the global connected game console market has been recently published by Future Market Insights (FMI). The report, titled, “Connected Game Console Market: Global Industry Analysis and Opportunity Assessment 2015 – 2020,” anticipates the market to witness a vigorous growth trajectory over the coming years, on account of the rising popularity of real time and interactive gaming. The report authored by the market research company discusses the factors influencing the market, its constraints, and opportunities that the world market of connected game consoles is expected to face.

A computer game console is a gadget that yields a visual picture or a video signal to show a computer game. It is essentially a console machine principally intended for playing computer games as opposed to home PCs or arcade machines. Wii U, PlayStation 4, Leapt TV, Xbox One, Steam Machine and RetroN 5 are a few types of the leading consoles. The growing accessibility and prominence of multi-utility gaming console is the latest pattern rising in the market. A few advantages offered by the multi-utility consoles, for instance, empowering gamers for downloading recordings and videos, browse the web, tune in to music, and view videos all the while playing games, is relied upon to positively affect market development in the years to come.

Mechanical progressions and development in a few varying media gadgets have essentially surged interest for these consoles. The rising accessibility of top of the line sound frameworks and presentations give a rich and enhanced experience to clients. Likewise, HDTVs with HDMI ports and innate remote availability, which can support external hard disks is additionally anticipated that would offer a better consumer experience.

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Multi-utility highlights offered by the propelled game consoles, for instance, filling in as a gaming and in addition a stimulation console, may stimulate market demand. However, high costs related with such consoles may upset market growth. Rise of tablets and cellular phones as substitutes for gaming consoles is foreseen to fundamentally accelerate the industry development. Furthermore, moving consumer drift towards elective stages including web based games and versatile games may likewise pose a test to market rise in the following couple of years.

The worldwide connected console segment is sub divided into handheld and standalone connected consoles. Among these, home console commanded market in the year 2014. Interestingly, the handheld sub section represented more than 40% share of the worldwide connected console market segment in 2014. The market can be classified, on the basis of product type, into connected console and service. Out of these sections, connected console represented more than 30% of the worldwide connected game console market share in 2014.

The growth of the worldwide connected game console market is for the most part determined by rising expenditure on games, growing incomes, incrementing broadband penetration and developing innovation and technical advances. Additionally, the trend that takes after with the development of connected game console market are game on demand, virtual reality gaming and convergent entertainment systems.

Some of the significant players participating in the global connected game console market are NVIDIA Corporation, Nintendo Co. Ltd, Sony Corporation and Microsoft Corporation.

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Key Segments Covered

By connected game console
- Connected Console
  - Standalone Console
  - Handheld Console
- Services
  - Prepaid Service
  - Other Direct Service

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Permeate Market is Estimated Drive the Industry Growth Across World in Coming Year 2027

A new research publication titled “Permeate Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” crafted by Future Market Insights unveils various market insights on the trends, developments, key players, growth drivers and restraints across key regions in the globe. An in-depth market segmentation is carried out that explores every angle of the global permeate market with which valuable insights are obtained.

Global Permeate Market: Dynamics

The global market for permeates has been influenced by numerous aspects that have a direct impact on the growth of the global market. Factors such as increasing use of whey ingredients as supplementary food, rising demand for prebiotics pushing revenue generation in the permeate market, increasing use of dairy permeate as an alternative ingredient for sodium reduction, increasing concerns of dental health, removal of milk quotas across major European countries, rising demand as traditional sports drinks, increasing consumer awareness and changing preferences, higher demand for clean label products, increasing technological innovations, rising number of manufacturers involved in permeate production, increasing investments by big players, increase in the number of food manufacturers looking for ingredients with enhanced functionality and fast growing food companies boosting the demand for dairy ingredients are expected to support the growth of the global permeate market in the years to follow. Also, few factors such as unsafe handling, stringent government regulations with respect to food safety and increasing threats from substitutes are challenging the growth of the global market for permeates.

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Global Permeate Market: Segmental Highlights

The global permeate market is segmented by application (food and beverages industry and animal feed industry), by product type (whey permeate and milk permeate) and by region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa).

By region, permeate market in the Asia Pacific excluding Japan (APEJ) region is expected to grow at a higher pace than in other regions. The Asia Pacific excluding Japan permeate market is poised to register a high CAGR of 4.9% throughout the period of forecast. North America permeate market is anticipated to dominate the global market by region in the coming years
By application, the animal feed segment is the largest segment in terms of market value and is highly lucrative segment. In the years to follow this segment is expected to lead the global market with a market estimation of about US$ 796 Mn by the end of the forecast period
By product type, whey permeate segment is anticipated to grow at a higher pace to register a CAGR of 4.6% during the period of forecast and is estimated to reach a valuation of more than US$ 900 Mn by the end of 2027

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Global Permeate Market: Key Forecasts

According to the research report on global permeate market, the global market is poised to grow at a moderate CAGR of 4.5% to reach a valuation of around US$ 1 Bn by the end of the assessment year from a value of about US$ 672 Mn in 2017.

Global Permeate Market: Competitive Landscape

The global permeate market research study has included key players such as Arla Foods Ingredients Group P/S (A subsidiary of Arla Foods), Arion Dairy Products B.V., VOLAC INTERNATIONAL LIMITED, Hoogwegt, Lactalis Ingredients (A Subsidiary of LACTALIS GROUP), Van Lee Melkprodukten Barneveld BV, Armor Proteines S.A.S, Idaho Milk Products, Eurial G.I.E. (A Subsidiary of Agrial), Eurosérum (A Subsidiary of Groupe Sodiaal), Agropur Ingredients LLC. (A Subsidiary of Agropur Cooperative), SIA Baltic Dairy Board and Milk Specialties.

Food Encapsulation Market Exhibits a Stunning Growth Potentials

According to the Future Market Insights market report titled ‘Food Encapsulation Market: GCC Industry Analysis and Opportunity Assessment 2014-2020,’ the revenue generated from food encapsulation was valued at over US$ 3,252.2 Mn in 2014, which is projected to increase at a CAGR of 9.4% during the forecast period (2015–2020).

In the global food encapsulation market, companies across the globe are focusing on the research and development of new processing technologies, which is a key factor driving the demand for food encapsulation across various end-use industries. Moreover, companies are increasingly investing in prime focus areas such as encapsulation, nanotechnology and food chemistry and formulation. This can be attributed to the development of products catering to the increasing demand for infant nutrition products, nutritional and sports beverage products in the food industry, which is further diving the growth of the food encapsulation market.

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For instance, Sensory Effects, one of the key players in the food encapsulation market acquired by Balchem Corporation, is continuously inventing food encapsulation techniques to enhance the overall quality of food products by the controlled release of ingredients.

Also, functional food products are witnessing an increase in adoption among consumers of all age groups. Factors such as hectic schedule, increasing disposable income and increasing awareness about healthy food are driving the demand for functional food products across the globe. Since food encapsulation is a suitable technique that allows the controlled release of ingredients, companies are heavily investing in food encapsulation technology. This is resulting in the delivery of authentic and novel products, which comprise colorants, vitamins, phytochemicals and other ingredients in a single product. These factors are further expected to fuel the global food encapsulation market growth during the forecast period.

Globally, among all the regions in the food encapsulation market, North America is expected to register the highest value share during the forecast period. In the North America food encapsulation market, food ingredient companies as well as encapsulation technology providers are focusing on developing enhanced food encapsulation solutions to cater to the rising demand for increased flavor and shelf-stability of products.

For instance, Cargill Inc. offers food encapsulation and emulsion techniques to cater to the demand for sweeteners and proteins as ingredients in food products. This can be attributed to the anticipated increase in the demand for sweeteners over the next five to six years, particularly in the U.S. Cargill Inc. developed a technology to offer enhanced flavor stability in powdered form to foods and beverages, as compared to the liquid alternatives being used during the extraction process. This has enabled manufacturers to offer a long-lasting taste in final products.

Wrigley filled a patent to enhance the sweetness of sucralose in chewing gums, using encapsulated sweetener enhancers. The objective behind this was to ensure reduced costs.

Moreover, companies such as Balchem Corporation and Lipo Technologies developed enhanced encapsulation techniques to cater to the demand for enhanced smell and taste masking and enhanced sensorial and texture experience of products.

Geographical expansion and investment in research and development programs are the key trends in the food encapsulation market. This has further led to high competitiveness among food encapsulation ingredient manufacturers.

In 2013 for instance, FrieslandCampina Kevit, which specializes in spray-dried and encapsulated ingredients, announced the launch of its first Creamers production facility in China in cooperation with a Chinese partner. The objective of this development was to penetrate the Chinese food encapsulation market.

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Key Players in Food Encapsulation Market

Detailed profiles of companies are also included in the global food encapsulation market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global food encapsulation market study includes TasteTech Ltd, Givaudan SA, Sensient Technologies Corporation, Balchem Corporation, International Flavors & Fragrances Inc., BASF SE, Symrise AG, Appvion, Inc., AVEKA Group, Firmenich International SA and Koninklijke DSM N.V.

Digital Healthcare Market Gain Impetus due to the Growing Demand over 2021-2031

The healthcare industry is consistently evolving, from the adoption of telemedicine to the use of robotic process automation (RPA) to enhance patient experience. According to a new study by Future Market Insights (FMI), with the advent of innovative technologies, patients can undergo enhanced treatment with the help of virtual reality, wearable devices, and other advances. These developments are expected to drive digital transformation in healthcare.

Augmented reality and virtual reality are innovative solutions that are revolutionizing the healthcare industry. From 2018 to 2023, the value of the healthcare-based AR and VR industry is expected to increase exponentially. Thus, there is significant untapped growth opportunities for the digital transformation in healthcare market.

Among various end users, hospitals & clinics are anticipated to account for the leading share in the digital transformation in healthcare market, backed by the rise in adoption of IoT which ensures better connectivity in the healthcare industry

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Key Takeaways: Digital transformation in Healthcare Market

The global digital transformation in healthcare market is estimated to register a CAGR of over 14% during the forecast period of 2021-2031
Presence of a sophisticated healthcare infrastructure supports expansion in the U.S., which accounts for over 80% of total demand in North America
Investment in smart healthcare will push y-o-y growth in the U.K. at 14.4% in 2021
Exponential growth is likely in Germany and France, especially due to the increasing spending on expansion of healthcare
While China is expected to remain a leading market for digital transformation in healthcare within East Asia, Japan is likely to grow at a higher pace

“Enabling smart technology with a view to enhance organizational flexibility and mobility has accelerated digital transformation across professional settings. These technological advancements are generating an upswing in business models and value chains. To ensure healthy growth, companies must continue investing in digital transformation and integration and enhance revenue pools,” says FMI analyst.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-708

COVID-19 Impact on Digital Transformation in Healthcare Market

COVID-19 is disrupting businesses and industries nationwide, and somewhat disproportionately healthcare. This dire situation ushered in a massive digital transformation of the healthcare industry to reduce operational costs, save time for treatments, and ultimately improve care quality. Healthcare advancement is considered as a phased evolution, the pandemic only accelerated the transformation and saw pioneering research in medical science.

For instance, telehealth software (or remote patient monitoring) became a norm in 2020 as it eliminated the need for physical human interactions. This became the most significant advantage during the COVID-19 crisis. Additionally, telehealth software offered healthcare professionals a wider geographical reach, especially where medical resources are limited.

Hence, the digital transformation in healthcare market is estimated to grow around 10% to 12% Y-o-Y from 2019 to 2021.

Rapid Adoption of Mobility Services and Healthcare Mobile Apps to Become a Key Trend

Healthcare organizations are increasingly inclined towards mobile-based communication and encouraging staff to bring their own device for work-related purposes, which in turn, reduces the cost associated with purchase of healthcare communication devices. This is expected to increase the demand for mobility services. In addition, healthcare mobility services enable healthcare service organizations to access patient data from anywhere and share their insights with patients in real time.

Healthcare organizations around the world are focused on providing custom-made healthcare apps for wearable fitness and medical devices. Such applications enable patients to access healthcare information via mobile and devices. This, in turn, is expected to fuel the market growth in the near future.

Who is Winning?

Companies operating in the market currently have their focus on introducing advanced technologies. With their intent on making healthcare smarter, digital transformation will continue to gain pace within the healthcare sector. Some of the leading companies operating in the market are IBM Corporation, CGI Group Inc., Accenture PLC, Deloitte LLP, and HCL Technologies among others.

More Valuable Insights on Digital Transformation in Healthcare Market

FMI’s report on the digital transformation in healthcare market is segmented into three major sections – solution (software – electronic health record (EHR) software, connected medical billing, healthcare information system (HIS), healthcare CRM software, healthcare ERP software, healthcare collaboration tools, telehealth software, and others, and service – digital transformation consulting, digital transformation technology implementation & integration, support & maintenance, and others), end user (hospitals & clinics, pharma companies, life science & biotech companies, healthcare insurance providers, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the digital transformation in healthcare market.