Cavendish Banana Market 2022 Key Players, End User, Demand and Consumption by 2031

Change in consumers’ preference and increasing focus on health and wellness will favor sales of Cavendish banana. Nowadays consumers are engaged in a sedentary lifestyle and have little time to cook healthy food at home. As snacking and consuming comfort food have emerged as a more viable option, they are likely to look for a healthier alternatives. Future Market Insights (FMI) identifies this to be a key factor supporting growth of the Cavendish banana market in a new study.

According to the report, the Cavendish banana market is poised to surpass US$ 16.52 Bn by 2021. Consumers’ interest to stay fit they is making them adopt healthy eating habits is driving the market. Moreover, Cavendish banana are highly portable, easy to consume as well as available, making it a popular on-the-go snack.

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Also, banana is a part of many ethnic cuisines in African, Latino, Pacific Island, and Asian countries, and Cuba, Puerto Rico, and other Caribbean islands. The large variety of ethnic foods derived from bananas, along with the increasing interest among global consumers in diverse, exotic cuisines, bode well for the Cavendish banana market.

Furthermore, with the rising sedentary lifestyle, there has been strong demand for highly nutritious products to fulfill dietary requirements. Coupled with the introduction of these nutritious foods as a superfood, manufacturers are developing novel products with innovative superfoods such as turmeric, banana, kiwi, and many more to provide exotic flavor as well as superior nutritious value.

Within the Cavendish banana market, conventional Cavendish banana will continue accounting for maximum sales in the market. According to the report, it will hold the dominant share of 92% in the market in 2021 in terms of value.

Key Takeaways from the Cavendish banana Market Study

  • The global Cavendish banana market will register a CAGR of 4.2% in terms of value between 2021 and 2031. The Cavendish banana is consumed on a large scale due to its multifunctional benefits, a trend which is expected to continue through the forecast period
  • Rising demand for healthy on-the-go snacks will enable the U.S. account for over 87% of sales in North America in 2021
  • High spending power of consumers will enable the U.K. market to register over 6% y-o-y growth in 2021
  • Germany and France are expected to register increasing Cavendish banana within Europe
  • Expansion of hotel, restaurant, and café (HoReCa) sector will support growth in China, followed by South Korea and Japan

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“While farmers conventionally chose fertilizers and pesticides to improve yield, they are gradually shifting towards more sustainable practices. Reduced fertility and health concerns posed by these conventional methods have pushed farmers to explore more environmental-friendly methods. Also the consumer interest has tipped scales in favor of products with non-GMO certification, which will have a significant influence on farming practices undertaken to grow and cultivate Cavendish banana,” said a lead analyst at FMI.

The health benefits offered by the Cavendish banana is fueling the market demand. According to the World Health Organization (WHO), diarrhea is the second-largest cause of death in children under five years old. Each year, 525,000 children die from this disease. Malnutrition is the major cause of diarrhea.

Doctors and patients are more inclined towards the consumption of bananas in place of anti-diarrhea medications owing to the higher effectiveness of bananas even in cases of C. diff infection. The administration of bananas in diets has been helping patients to control diarrhea. Owing to this benefit, many pharmaceutical companies have come up with banana-related products to treat diarrhea. Hence, this health beneficial factor helps drive the demand for bananas from the pharmaceutical industry.

Who is Winning?

To reduce the environmental impact and costs, players in the global Cavendish banana market are striving to reduce the usage of water. Throughout the supply chain of bananas, water has application in three main stages, i.e. cleaning of the fruit after harvest, pools holding bananas for selection, and lastly for removing latex.

It was noted that around 150 liters of water is needed to produce one box of bananas. Key players in the market like Dole’s New Millennium Packing Plant in Costa Rica have reduced the water consumption to 18 liters per box with the inclusion of water recycling techniques. Emerging players are expected to follow these trends in order to make their supply chain more environment-friendly and efficient.

A few of the leading players operating in the Cavendish banana market are: All Nippon Airways Trading Co Ltd., Exporganic S.A., DISCOVERY ORGANICS, Salix Fruits, Agroexport Carmita, Union de Bananeros de Uraba, GinaFruit S.A., Chiquita Brands International Sàrl, Dole Food Company, Fresh Del Monte Produce Incorporated, Pisum Food Services Private Limited, Reybanpac, Rey Banano del Pacífico C.A., and other players.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Cavendish banana Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Cavendish banana market based on Product Type (Organic Cavendish Banana, Conventional Cavendish Banana, Organic Fairtrade Cavendish Banana, and Conventional Fairtrade Cavendish Banana), Application (Food and Beverage Processing, Cosmetic and Personal Care, Pharmaceutical & Supplements, Animal Feed, Other Industrial, Foodservice (HoReCa), Household (Retail), and Sales Channel (Direct sales and Indirect Sales) across seven major regions.

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Global Building Automation Systems Market To Grow At 7.8% CAGR During Period 2021-2031

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market totaled US$ 44.6 Bn in 2021.

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Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy 7.8% CAGR between 2021 to 2031.

After buckling the impacts of the unprecedented COVID-19 outbreak, the global building automation systems market experienced year-over-year growth by 7.0% between 2020 and 2021.

Building automation systems offer interconnectivity of machines and devices to manage and streamline daily operations in commercial, industrial, and residential sectors. Growing demand for convenience and comfort among tenants in modern residential spaces will continue providing tailwinds to BAS sales.

Besides this, emergence of smart cities across several countries is spurring demand for building automation systems. These systems facilitate energy efficiency, water and gas supply, lighting, temperature control, along with superior security and surveillance in residential as well as commercial buildings.

As per FMI’s in-depth regional analysis, the U.S. is anticipated to witness high demand for building automation systems during the assessment period. Growth in commercial sector, coupled with penetration of building automation systems in schools, universities, hospitals, and entertainment centers are estimated to fuel market growth through 2031.

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“Government-backed initiatives to encourage the development of smart buildings, coupled with post-sales assistance and services offered by market players will positively shape the demand outlook in the building automation systems market,” says the FMI analyst.

Key Takeaways:

  • Building automation system services are estimated to dominate the product segment.
  • Sales of security and surveillance building automation systems will remain high through 2031.
  • Applications of building automation systems in commercial sector will continue gaining momentum.
  • The U.S. is expected to witness high demand for building automation systems, owing to expansions in the residential and commercial sector. FMI projects the North American market to grow at a positive 7.2% CAGR.
  • Growth prospects in the U.K. are projected to be bright, due to stringent government regulations regarding energy efficiency and conservation. The European building automation systems market is poised to expand at a 7.0% CAGR.
  • China will emerge as an attractive market, owing to government initiatives promoting the development of smart cities.
  • South Korea and Japan will collectively account for 7% of the total market share.

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Competitive Landscape

Honeywell International, Schneider Electric, Siemens AG, ABB, Johnson Controls, Plc, Delta Electronics, Inc., Eaton Corporation, Bosch Rexroth, Emerson, AVASGLO Group, Signellent Technologies (India) Pvt. Ltd., Comnatz Thailand Company Ltd, Deos AG, MCS Automation Technology Company Ltd., and Philips Lighting are some prominent players operating in the building automation systems market profiled by FMI.

As per FMI’s analysis, top 5 players in the building automation systems market comprise Siemens AG, Honeywell International, ABB, Schneider Electric, and Johnson Controls, plc, accounting for 44% of the total market share.

Prominent players in the building automation systems market are focusing on intensive research and development to add new products and services to their product portfolios. Apart from this, strategic collaborations, acquisitions, and mergers will remain key growth strategies among market players in the upcoming decade. For instance:

  • In August 2021, Schneider Electric released its new EcoStruxure Micro Data Centre architectures on Stratus Technologies’ ftServer edge computing platforms to move data center capabilities to factory floors. These systems integrate Stratus’ fault tolerance and virtualization with Schneider’s uninterrupted power supply and run critical equipment with no downtown.
  • In July 2021, Germany’s Bosch Rexroth and Gamuda Engineering announced a collaboration to offer building automation systems in the Malaysian construction industry. The collaboration is aimed to raise the Malaysian construction industry’s competency in automation.

Yeast-based Spreads Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

Yeast-based spreads sales are surging in response to the rising demand for vegan, vegetarian, gluten-free, dairy-free, halal, natural, kosher, and fat-free food items. According to a new study by Future Market Insights (FMI), an increasing number of market players are expected to focus on fulfilling the aforementioned claims to gain impetus amid rising competition. Driven by these factors, the yeast-based spreads market is expected to reach US$ 398.8 Mn in 2021.

Among various products available in the market, the demand for marmite is forecast to increase considerably. Marmite is expected to account for over 30% sales in terms of volume in the market in 2021. Rising focus on health and wellness will create opportunities for sales of various types of yeast-based spreads. Among claims producers offer, gluten-free will be highly sought-after.

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The rising prevalence of gluten intolerance and the increasing demand for dairy free products will continue enabling sales in the market.

Key Takeaways from Yeast-based Spreads Report

  • Yeast-based spreads market is expected to rise at above 8% CAGR between 2021 and 2031
  • Rising prevalence of obesity and diabetes will push demand in the U.S., enabling it account for more than 75% of sales in North America
  • The rising demand for dairy-free bakery will enable the U.K. market to exhibit 4.6% Y-o-Y growth in 2021
  • Expansion of the vegan food sector will support growth in France and Germany
  • Expansion of retail sector will create growth opportunities in Japan and South Korea

“Rising demand for healthy snacking options will enable sales of yeast-based spreads. This trend will continue especially as consumers seek healthier food options with claims such as organic, non-GMO, gluten-free, and others,” said a lead analyst at FMI.

Veganism Boosting the Yeast-Based Spreads Market

Yeast-based spreads are vegan products. The Vegetarian Society has certified products such as Marmite “100% Vegetarian”. The increased numbers of consumers who have turned to veganism or partly participating in the vegan trend are also boosting the yeast-based spreads market in the foreseen period. The vegan food trends are at a fast pace due to the new technological innovations which are making non-vegans adopt or try these new vegan products such as Yeast-based spreads as they are more nutritious than the other counterparts.

Diverse Applications of Yeast-Based Spreads Driving Sales

Yeast-Based Spreads are no longer considered just to be a breakfast option had with bread. Though yeast-based spreads are becoming general as a companion product for bread during breakfast time, these are increasingly used to facilitate convenience in preparing other dishes. Spreads are widely being used at corporate lunches, and convenience snacking times, dining events, apart from the conventional breakfast. For instance, Yeast-based Spreads can be used as a bakery filling and with cold dishes for lunch or dinner, savoury spreads can be used in pizza and pasta. The versatility of yeast-based spreads is thus, expected to drive the growth of the yeast-based spreads market over the forecast period.

Increasing Consumption of Yeast-based Spreads as a Flavor Enhancer

The shift among manufacturers from artificial ingredients to natural ones has resulted in the manufacturers finding alternatives for MSG which is manufactured synthetically and is used in numerous food products. This has led to a growing demand for yeast products as a food flavour enhancer. This is more popular in the developed countries as the consumers as well as food processing manufacturers are well aware of the products that are available in the market and the products that are in the development phase. Also, the consumption of processed food products has increased owing to the changing lifestyle of the consumers and the increase in urbanization. This has also increased the demand for yeast-based spread as a food flavour enhancer which is leading to an increase in the market growth of the yeast-based spreads market in the forecast period 2021-2031.

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Who is winning?

Numerous companies in the yeast-based spreads market have brought in different strategies to stay ahead in the competition. For instance,

  • In 2017, Bega Cheese, one of the key players of the yeast-based spreads market developed a new strategy to reduce its cost by stopping all the third-party contracts. This helped them to reduce the costs of the manufacturing

Some of the other companies are focusing on improving their product portfolio. For instance,

  • In 2019, Mars acquired Foodspring, a company based in Berlin which deals with direct-to-consumer targeted nutrition company

Some of the leading companies in the yeast-based spreads market are Mars Foods, Unilever Plc., All Natural Foods of Stirling, Nature’s Blend, Jardox Ltd., Sanitarium Health & Wellbeing, Bramwells, AussieMite, Marmite (New Zealand), Oxo (food), VITAM, Bega Cheese, and Three Threes Condiments Pty. Ltd.

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Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based nuggets market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on Product Type Yeast-based Spreads Market, has been classified into Aussiemite, Cenovis, Marmite, Marmite (New Zealand), Oxo (food), Vegemite, Vitam-R, Others. Based on Nature, the Yeast-based Spreads Market is segmented into Organic, Non-GMO, and Conventional. In terms of end-use, it has been classified into Food Services and Business to Consumers, where Food Services is further classified into Hotels, Restaurants and Cafes. And Business to Consumers is further classified into Hypermarkets/Supermarkets, Convenience Stores, Mom & Pop Stores, Discount Stores, Food Specialty Stores, Independent Small Groceries, Online Retail, Other Retail Formats. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

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Dairy Machines Market Comprehensive Shares, Historical Trends And Forecast By 2028

Dairy Machines encompass all machinery used in the extraction, processing, packaging, storage, preservation, transport and sale of dairy products. Dairy Machines are used across the dairy industry value chain, from production to retail. Dairy Machines are used in various different processes and are used to help improve the quality of dairy products as well as reduce the overall cost of operations.

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Dairy Machines used in the production and processing of milk and milk products include equipment, such as milking machines (milk extraction machines), separators, pasteurizers, dryers and evaporators, separators, filtration machines, homogenizers, etc. Dairy Machines used in the storage and transportation of dairy products include refrigeration machines, such as freezers, coolers, chillers, etc. These refrigeration Dairy Machines can be fixed or mobile or even truck mountable. Dairy Machines, such as automatic mild vending kiosks and machines, are also available and find applications in various consumer shopping destinations. Dairy Machines used for packaging include milk pouches, cans and other packing machines.

Considering these aspects of the Dairy Machines, the study of the trends and forecasts of the Dairy Machines market becomes an important read.

The Dairy Machines market is witnessing high demand as operators in the dairy industry are slowly but surely moving towards increasing automation. Key benefits, such as improved yields, faster processing times, enhanced product quality, better control over production and cost savings, are driving more and more players in the dairy industry market towards the use of Dairy Machines. This will open new opportunities for the vendors in the Dairy Machines market. With increasing population and improved spending power in developed as well as developing world, the demand for dairy products is increasing at a robust pace, thereby directly helping the Dairy Machines market growth.

Since milk and most milk products are perishable in nature, Dairy Machines are being increasingly used to store products for longer time, whilst maintaining the product quality. Also, with growing global trade, dairy products are being exported and imported over distances that are unprecedented in nature. In addition to improved transportation methods, long distance trade has become possible because of Dairy Machines, such as refrigeration equipment. Milk and milk products are extremely sensitive to contamination, such as bacterial growth, and hence, Dairy Machines are used for handling of products that must be of highest quality. Due to the highly fragmented nature of the dairy industry in general, the diary machines market is also highly fragmented with domination of local and regional players in respective regional markets. Only a few players with global presence and global market share exist in the Dairy Machines market.

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Regional Outlook

The Dairy Machines market is projected to grow steadily during the next decade, given the increasing demand for diary process automation, particularly in the organized dairy sector. Asia Pacific is projected to be a highly significant region for the Dairy Machines market, with around 60% of the world’s population in the region and consequently massive demand for dairy products. There has been urbanization in the region at an unprecedented scale in the past couple of decades, which has altered the lifestyle of the population. The Dairy Machines market in the region is projected to benefit from the rapid increase in demand for processed dairy products, such as cheese and butter, apart from packed milk.

Europe and North America are also key markets for Dairy Machines, given the high proportion of organized dairy sector in these regions. Moreover, the stringent safety and product quality regulations for dairy products in Europe and North America are also expected to help push the demand growth of the Dairy Machines in these regions. India, China, UK, USA, Germany, New Zealand, etc. are some of the key countries in the global Dairy Machines market.

The report covers exhaustive analysis on:

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

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Dairy Machines market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Dairy Machines market report also maps the qualitative impact of various market factors on market segments and geographies.

Market Participants

Some of the market participants identified across the value chain of the Dairy Machines market are:

  • SPX Corporation
  • Tetra Laval International S.A.
  • Alfa Laval
  • A&B Process Systems
  • Scherjon Equipment Holland B.V.
  • Van den Heuvel Dairy & Food Equipment
  • Lekkerkerker Dairy & Food Equipment
  • Arumand Steel Industries
  • Waikato Milking Systems
  • Food Machinery Limited

The research report on Dairy Machines presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Dairy Machines research report provides analysis and information according to market segments such as geographies, application and industry.

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By Segment:

On the basis of type, the Dairy Machines market can be segmented as:

  • Production Machines
  • Processing Machines
  • Packaging Machines
  • Storage & Transport Machines
  • Point of Sale Machines

On the basis of sector type, the Dairy Machines market can be segmented as:

  • Organized Dairy Sector
  • Unorganized Dairy Sector

On the basis of end users, the Dairy Machines market can be segmented as:

  • Small & Medium Dairy Farmers & Processors
  • Large Dairy Farmers & Processors
  • Retail

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

Electric Fireplace Market Comprehensive Shares, Historical Trends And Forecast By 2028

Electric fireplace is a heating device used in residential and commercial buildings for the heating of a room or workplace during the cold times. Electric fireplaces are increasingly adopted nowadays owing to their lower energy consumption and higher efficiency output. Moreover, electric fireplaces are more convenient and safe to use as they function with the help of an electrical switch. The heat & flames are generated directly by using electricity in the electric fireplace, which eliminates the construction of a chimney as well as the generation of smoke. The elimination of the need for a chimney is one of the key factors responsible for the high demand for electric fireplaces in the global market.

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Moreover, manufacturers in the global market are highly focused on introducing innovative products such as 3D flames and an electric fireplace that features a crackling sound system. In addition, electric fireplaces with flames of different colours are also available in the global market. Therefore, the offering of innovative products has become a major trend in the market as manufacturers are boosting competition by adding more features in the electric fireplaces offered by them. Hence, the electric fireplace market is expected to grow with a significant CAGR during the forecast period.

Market Participants

The global market for electric fireplaces is consolidated and is highly dominated by top players in the market. Some of the leading players involved in the manufacturing and sales of electric fireplace across the global market are:

  • Twin-Star Home (ClassicFlame®)
  • Real Flame
  • Dimplex North America
  • Amantii Electric Fireplaces
  • Napoleon Fireplaces
  • Duraflame, Inc.
  • Muskoka Electric Fireplaces
  • Modern Flames
  • Sierra Flames
  • Woodbridge Fireplace Inc.
  • Montigo
  • Heatilator
  • Alaskan Fireplace Company
  • OER Fireplaces

The research report presents a comprehensive assessment of the electric fireplace market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated electric fireplace market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to electric fireplace market segments such as geographies, application, and industry.

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Global Electric Fireplace Market: Regional Outlook

The market potential of electric fireplaces is primarily restricted to colder countries. However, the market in North America is expected to witness healthy growth owing to the higher adoption of newer technologies coupled with the growing awareness among the people of the region about increasing pollution. Moreover, the market is Europe is also estimated to witness significant growth in the future. Increasing innovations by the manufacturers of electric fireplaces has created a wide variety products in the market.

Hence, the availability of products according to the needs of customers is attracting them and making the market more lucrative in the region. Furthermore, the market in Asia Pacific is expected to grow moderately in the coming years. This can be attributed to low awareness among the people of the region about the product as well as the pollution caused by conventional fireplaces. In addition, the market in the countries of the Middle East & Africa region is expected to have a low growth potential and witness low to moderate growth in the future.

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on electric fireplace market segments and geographies.

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By Segmentation

The global electric fireplace market can be segmented on the basis of electric fireplace type, electric fireplace size, application & region.

On the basis of electric fireplace type, the global electric fireplace market is segmented as:

  • Stove
  • Insert
  • Table-Top
  • Wall-Mounted
  • Freestanding

On the basis of electric fireplace size, the global electric fireplace market is segmented as:

  • Small (Up to 35″)
  • Medium (36″ – 42″)
  • Large (43″ – 48″)
  • Extra Large (49″ & Above)

On the basis of application, the global electric fireplace market is segmented as:

  • Residential
  • Commercial

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected electric fireplace 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 Electric Fireplace market performance
  • Must-have information for Electric Fireplace market players to sustain and enhance their market footprint

Powdered Cellulose Market 2022 | Present Scenario and Growth Prospects 2031

Changing consumer diet style and sedentary lifestyles are often associated with concerns and diseases related to lifestyle changes. In order to overcome these problems, consumers are turning their attention to preventive healthcare and consuming nutritious foods and healthy diet for the benefit of their health and wellbeing. According to a Future Market Insights (FMI) report, changing consumer behaviour will result in high demand for powdered cellulose in the coming years. The study predicts the market’s valuation to surpass US$ 180 Mn by 2021.

Powdered cellulose is derived from various natural sources such as softwood/hardwood pulp, cotton linter, bamboo and many more in the list, which contains rich source of dietary fiber. Owing to the unique functionalities such as emulsifier, stabilizer, thickener and many other, powdered cellulose are significantly used in bakery products, frozen desserts, beverages, dairy products and more.

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According to FMI, the food and beverages industry will emerge as the chief end user, accounting for a little below 22% sales register in 2021. Besides this, the rising demand from construction, pharmaceutical, and other industries will continue supporting the expansion of the market.

The FMI studies deeply into the dynamics to offer remarkable insights into powdered cellulose market. Some of these are:

  • Powdered cellulose market will register above 6% CAGR between 2021 and 2031
  • The U.S. has emerged as a key market, accounting for over 60% sales in North America
  • The increasing demand from various industries will enable the U.K. market exhibit a little below 4% y-o-y growth in 2021
  • The expansion of food and construction sectors will support growth in Germany and France
  • China will lead East Asia, thanks to the rising demand from the food industry

“Higher focus on healthy eating have attracted attention towards ingredient list of food products. In general there is higher demand for food products containing ingredients derived from natural sources. This has resulted in increasing use of powdered cellulose as emulsifier and gelling agents in sauces and mixes. The demand for powdered cellulose will therefore continue increasing through the forecast period.” said a lead analyst at FMI

Application of Powdered Cellulose in the Construction Industry to Surge

Fine fibrous structure powdered cellulose consisting minerals and metallic oxides is finding increasing application in the construction sector. During the welding function powdered cellulose protect from oxidation. Therefore it helps to improve the stability and welding function.

Furthermore, owing the functionality as coating and gelling agent, powdered cellulose is used in tile adhesives, cement renders, putty powder, and others. Manufacturers are using powdered cellulose in various construction and welding materials because it improves the operation time. Increasing use in the construction sector will continue supporting expansion of the market.

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Who is winning?

Some of the key players operating in powdered cellulose market Jelu-Werk J. Ehrler GmbH & Co. KG, J. Rettenmaier & Söhne GmbH + Co KG, CFF GmbH & Co. KG, Mikro-Technik GmbH & Co KG, InterFiber Sp. Z.O.O, Ankit Pulps and Boards PVT. LTD., Accent Microcell Pvt. Ltd., Central Drug House (P) Ltd, NB Entrepreneurs, Natural Fiber Solutions and many others. These players are actively involving in changing market strategy, production capacity and other developments to gain competitive advantage.

For instance:

  • J. Rettenmaier & Söhne Company, installed its production and business plant in China in 2017.
  • In 2016, InterFiber expand its supplier network in Chicago and Philippines to expand its business operations

Get Valuable Insights into Powdered Cellulose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global powdered cellulose market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into growth witnessed in the market. Based on the powdered cellulose market on basis of grade, has been classified as food grade, pharmaceutical grade and industrial grade. Based on functionality, powdered cellulose market are classified as thickener, stabilizer, emulsifier, gelling, coating agent and others. Based on source, powdered cellulose market is classified as soft and hard wood pulp, cotton linter pulp, bamboo, wheat straw pulp and other sources (oats, etc.). Based on end use, powdered cellulose market is classified as food & beverage industry, pharmaceuticals, cosmetics, construction industry, chemical industry, leather industry, textile industry, paper industry and others. Under food and beverage industry, powdered cellulose market further segmented as bakery & confectionery, meat & poultry product, sauces & dressings, beverages, processed food, dairy products and others. Regionally, powdered cellulose covers North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA.

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Crude Heater Market Comprehensive Shares, Historical Trends And Forecast By 2028

A crude heater is considered to be a key element of the refinery industry. In order to ensure well maintained and efficient operations in an oil and gas industry, plant managers equip their facilities with advanced, reliable, and durable industrial heating equipment. Crude heaters are required to heat crude oil prior to the first stage of compression. Crude heaters are used to ensure better separation properties as well as improve the fluidity of the crude oil. Crude heaters also help in reducing the viscosity of some kinds of crude oils by preheating the material to generate easy flow. Owing to their several important features and benefits, the demand for efficient crude heaters is anticipated to witness significant growth in the near future. This rising demand for crude heaters is expected to significantly contribute in the growth of the global crude heater market over the forecast period. 

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Crude Heater Market: Dynamics

The growing demand for efficient and durable crude heaters in the oil and gas industry is considered to be the primary growth driver for the global crude heater market. Owing to the increasing demand for gasoline and fuel, the oil industry is anticipated to witness steady growth in the near future. The continuously increasing demand for refinery products across numerous end-use sectors is a sign for the future demand for high quality crude oil. In order to fulfill the demand for crude oil products, vendors have increased their refinery capacities. For example, in recent years, PDVSA and PETROBRAS have increased their refining capacities. This, in turn, is estimated to propel the demand for crude heaters over the period of forecast.

Manufacturers in the crude heater market have to face some challenges regarding the stringent regulations laid down by governments. In order to reduce VOC (Volatile Organic Carbon) emissions from industries, regulatory legislations laid out by the EU government – REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) – address the production and use of chemical substances such as process oil, and its potential impacts on humans and the environment. The parliaments of other regions such as European nations have banned oil with high content of hydrocarbons, which affects the production of oil in terms of volume, subsequently hindering the growth of the crude heater market.

The ongoing trend gaining momentum in the oil and gas industry is the introduction of the flameless combustion technique by Great Southern Flameless (GSF). This technology was introduced in the glass and steel industry many years before, as both these industries operate at very high temperatures and run at constant steady state conditions, which is considered to be an ideal condition for flameless combustion. The commercialization of flameless fired crude heaters demanded several design features to have a flameless heater operating in the refining environment.

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Crude Heater Market: Regional Outlook

Globalization, population growth, and economic changes have not only contributed to the crude oil industry, but have also led to a rise in the standards of oil and gas services. The increasing number of refinery projects in Europe and the Middle East, particularly Russia, Kazakhstan, Saudi Arabia, and many others, is estimated to propel the demand for crude heaters. These nations have huge oil reserves, which, in turn, surges the demand for crude heaters. Further, Asia Pacific is estimated to be a key opportunistic market, due to the setting up of new refineries to meet the growing demand for new units in developing countries. This may positively impact the global crude heater market during the forecast period.

Crude Heater Market: Key Participants

Examples of some of the market participants identified across the value chain of the global crude heater market are:

  • Amec Foster Wheeler
  • Exotherm Corporation\
  • American Heating Company
  • C. Broach Company
  • Thermotech Systems Ltd.
  • Chromalox, Inc.
  • Garcem Engineers

The research report presents a comprehensive assessment of the crude heater market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to the crude heater market segments such as geography, capacity, and type of combustion.

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

The global crude heater market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The global crude heater market report also maps the qualitative impact of various market factors on market segments and geographies.

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Crude Heater Market: Segmentation 

The global crude heater market has been segmented by capacity and type of combustion.

By capacity, the global crude heater market is segmented as:

  • Less than 50,000 barrels per day
  • 50,001 to 1,00,000 barrels per day
  • 1,00,001 to 250,000 barrels per day
  • Above 250,000 barrels per day

By type of combustion, the global crude heater market is segmented as:

  • Flame Combustion Crude Heaters
  • Flameless Combustion Crude Heaters

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

Die Bonder Equipment Market Comprehensive Shares, Historical Trends And Forecast By 2028

Die bounder equipment are a type of semiconductor packaging & assembly equipment generally used for adhering a chip to a package or a substrate. Hence, die bonder equipment are extensively used in the fabrication of semiconductor devices. Die bounder equipment are also known as die attaching equipment. The main function of a die attaching equipment is to pick the die from the wafer or waffle tray and attach it to the substrate. Further, for the attachment of die to the substrate, various methods, such as epoxy, eutectic, soft solder and flip chip, etc., are used. 

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In the global market of semiconductor packaging & assembly growing, the trend of mergers and acquisitions is being witnessed since the last few years. These M&A activities are primarily carried out to enhance market presence and total revenue generation. Additionally, the growing demand for electronic industry is propelling the demand for semiconductors ICs across the globe. This, in turn, is projected to create lucrative growth opportunities for the manufacturers of die boner equipment in the coming years owing to which the die bonder equipment market is also expected to grow at significant CAGR during the forecast period.

Global Die Bonder Equipment Market: Dynamics

Growing demand for semiconductor integrated circuits is one of the key factors expected to drive the overall demand for die bonder equipment in future. Increasing adoption of electronic systems due to rising number of end-use applications will create healthy demand for integrated circuits (ICs). This, in turn, is propelling the demand for die bonder equipment in the global market. Additionally, growing adoption of IOTs, ultra high definition television and hybrid laptops is further expected to create significant demand for die bonder equipment in future. Furthermore, growing demand for polymer adhesive water bonding equipment is further expected to become a barrier to the growth of the die bonder equipment market in future.

Global Die Bonder Equipment Market: Regional Outlook

In the global market of die bounder equipment, Asia Pacific is expected to dominate the market owing to growing demand from the region. This growing demand can primarily be attributed to the presence of a huge number of IC manufacturers in the region. Growing IC demand due to increasing smartphones and tablets production will make the region grow at a healthy pace in future. Moreover, the market for die bonder equipment in North America and Europe is also projected to grow at a healthy pace owing to increasing demand for semiconductors ICs from the region. The fast adoption of new and latest technologies in the region is also expected to drive the market in the region. Furthermore, MEA and Latin America are also expected to create demand for die bonder equipment in future as the market in these regions is in the growing stage as compared to other regions.

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Global Die Bonder Equipment Market: Market Participants

In the global die bonder equipment market, manufacturers are continuously focused towards automation of the tie bonding technology. Names of some of the manufacturers engaged in the development and manufacturing of die bonder equipment are mentioned:

  • Besi
  • ASM Pacific Technology Limited (ASMPT)
  • Kulicke & Soffa Industries, Inc.
  • Tresky AG
  • SHIBAURA MECHATRONICS CORPORATION
  • West·Bond, Inc.
  • Panasonic Corporation
  • MRSI Systems
  • SHINKAWA LTD.
  • Palomar Technologies
  • DIAS Automation
  • Toray Engineering
  • FASFORD TECHNOLOGY

The research report presents a comprehensive assessment of the Die Bonder Equipment market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Die Bonder Equipment market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Die Bonder Equipment market segments such as geographies, application, and industry.

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The report covers exhaustive analysis on:

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

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Die Bonder Equipment market segments and geographies.

Global Die Bonder Equipment Market: Segmentation 

The global die bonder equipment market can be segmented on the basis of product type, attachment method, end user and region.

On the basis of product type, the global market is segmented as:

  • Manual Die Bonder Equipment
  • Semi-Automatic Die Bonder Equipment
  • Fully Automatic Die Bonder Equipment

On the basis of attachment method, the global market is segmented as:

  • Epoxy Die Bonder
  • Eutectic Die Bonder
  • Soft Solder Die Bonder
  • Flip Chip Die Bonder

On the basis of end user, the global market is segmented as:

  • Integrated Device Manufacturers (DMs)
  • Outsourced Semiconductor Assembly and Test (OSAT)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected Die Bonder Equipment 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 Die Bonder Equipment market performance
  • Must-have information for Die Bonder Equipment market players to sustain and enhance their market footprint

Rotary Indexer Market Comprehensive Shares, Historical Trends And Forecast By 2028

A rotary indexer is a rotatory motion equipment that realizes the intermittent movement. Rotary indexers are widely adopted in automated assembly machineries and the selection of proper mechanism is essential for both minimizing the cost of the component and maximizing performance. Rotary indexers are primarily utilized for accurate and dependable positioning of medium parts in various machining operations such as drilling, tapping, milling, contouring and spiral milling.

Rotary indexers offer various features such as controlled acceleration and deceleration, shaft or flange output, smooth motion, repeatable and accurate positioning, quick setting time and a capacity for high speed and high load. Generally, two types of rotary indexers are available in the market, namely precision ring drive and compact ring drive.

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Regional Outlook

North America, led by the United States, is anticipated to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the U.S. is expected to assist the sales of rotary indexers in North America. The Europe rotary indexer market is expected to be next in line, followed by Asia-Pacific.

Sales of rotary indexers in Asia-Pacific, led by China, Japan and India, is expected to grow at a significant pace in the near future. Middle East & Africa and Latin America are expected to account for small shares in the global rotary indexer market over the forecast period; however, the demand is expected to grow at a significant rate over the forecast period.

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Player:

Examples of the key players involved in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.

The global rotary indexer market is anticipated to be partly fragmented in nature since prominent manufacturers are expected to hold major shares in the market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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By Segment:

The global rotary indexer market can be segmented on the basis of type, end-use industry and application.

Based on the type, the global rotary indexer market can be segmented into

  • Heavy Duty Rotary Indexer
  • Light Duty Rotary Indexer

Based on the end-use industry, the global rotary indexer market can be segmented into

  • Automotive
  • Electronics
  • Medical & Healthcare
  • Pharmaceutical

Based on the application, the global rotary indexer market can be segmented into,

  • Machine tools
  • Semiconductors
  • Automated Welding
  • Medical Packaging
  • Robotics
  • Assembly Cutting System

Key manufacturers involved in the manufacturing of rotary indexers are primarily focusing on the introduction of precision indexers and the expansion of their precision rotary indexer lines. A precision rotary indexer provides various benefits as compared to conventional rotary indexers such as high torque, high precision, high acceleration and zero backlash, low maintenance and long life.

Phospholipid Market 2022 Development Status, Competition Analysis, Type and Application 2031

Phospholipids are obtained from oilseed such as sunflower, rapeseed, and soy. The abundant availability of phospholipids and increasing demand in cosmetics, hair care, pharmaceutical, and nutraceutical industries will aid expansion of the market, finds Future Market Insights (FMI) in a new study. According to the report, the phospholipids market will reach US$ 2.85 Bn in 2021.

The multi-functional nature of phospholipids is expected to fuel demand in various end-use industries. Its emulsifying property is driving food and industrial application. Increasing consumption of bakery products like breads, pastries and cupcakes is will fuel the demand for phospholipids.

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Rising concern towards healthy lifestyle and increasing demand of nutritious food and beverage will create growth opportunities. Phospholipid act as emulsifier in the production of processed meat such as salami, sausages and ready to eat meal.

The cosmetic and pharmaceutical manufacturers prefer soy phospholipid for its blending property. Nutraceutical segment is expected to showcase increasing application. According to FMI, over 40% of phospholipids sales will concentrate in this sector.

Key Takeaways from Phospholipids Market Study

  • Phospholipids market will exhibit string growth at a CAGR of 7.4% between 2021 and 2031
  • Expansion of pharmaceutical and nutraceutical sectors will support growth in the U.S., enabling it to account for over 78% of North America market
  • The U.K. market will expand at a steady pace, registering a little above 4% y-o-y growth in 2021
  • Germany and France will emerge as lucrative markets for phospholipids in Europe
  • China will account for over half of phospholipids sold in East Asia, followed by Japan and South Korea

“Market players are expected to explore opportunities across diverse industries. Cosmetics industry, for instance, will emerge as a chief end user. The rising demand for ingredients derived from natural sources will fuel phospholipids applications within the sector,” said a lead analyst at FMI.

Application in Diverse Sectors will Drive Sales

Phospholipid is used as an essential ingredient in infant formula. It contains omega-3, omega-6 and fatty acid. It is getting increasingly popular as an ingredient in infant supplementary industry.

The demand of phospholipids is increasing due to its application in different sectors. It is often used as an ingredient in the production of hair conditioner, moisturizer, infant formula, and other products.  Phospholipid are widely used in pharmaceutical product such as in oral, dermal, and parenteral products.

Who is winning?

Some of the key players operating in the phospholipid market are VAV Life Science Pvt. Ltd., Avanti Polar Lipids Inc., ADM, Stern-Wywiol Gruppe, Wilmar International Ltd., Cargill Inc., Lasenor Emul SL, DuPont Inc., Bunge Ltd., SojaProtein a.d., Lipoid Gmbh, Sime Barby Unimills B.V, Kewpie Corporation, Lecico GmnH and many more. Key players are adopting strategies such as new product development, acquisition, and strategic collaborations to gain competitive edge.

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  • For instance, in 2017 Merck made multinational distribution agreement with Avanti Polar Lipids. This agreement includes all worldwide geographies except US, where Avanti will reach consumers through its own channels.
  • In 2019, Avril has acquired a German company specialized in phospholipid and lecithins, Lecico to expand its product portfolio for nutrition and health business.
  • In 2017, VAV Life Science has inaugurated it manufacturing facility in Ratnagiri, Maharashtra. The facility is set up in India due to emerging application of phospholipids in pharmaceuticals, functional food, cosmetic and nutritional supplements.
  • In Jan 2021, Fonterra has launched milk phospholipid in US market. This product is launched with aim of expanding the product portfolio into mental wellness space.

Get Valuable Insights into Phospholipid Market

Future Market Insights, in its new report, presents an unbiased analysis of the phospholipid market, covering historical demand data 2016-2020 and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the phospholipid Market based on product type, has been classified into phospholipid. The phospholipid is classified on the basis of application and function. Regionally, the phospholipid market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

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