First Aid Market is projected to exhibit a CAGR of 6.3% during the forecast period

Future Market Insights (FMI), in its latest report titled, “China First Aid Market Assessment and Opportunity 2014 – 2020”, projects the China first aid market to exhibit a CAGR of 6.3% between 2015 and 2020. Adoption of aggressive promotional campaigns are key factors driving growth of the market.

The report is focused on basic first aid products such as adhesive bandages, disinfectants and gauzes. Though the basic wound care segment in China accounts for miniscule share of the overall wound care market in China, it is expected to witness significant growth over the next few years. Increasing awareness about non-traditional first-aid products among consumers in Tier 2 and Tier 3 cities is the prime driving factor for the market in the region.

As of 2014, basic first aid products accounted for less than 20% share of the overall wound care market in China. Strategies such as innovative product packaging along with aggressive market campaigning has led to surge in demand for these products in China. Government emphasis on healthcare policies, liberalization of policies related to distribution of licenses and FDI influx are other key driving factors of the first aid market in China. On the flipside, low healthcare expenditure and higher preference for Chinese traditional medicines among consumers is a major restraint for non-traditional wound care product manufacturers.

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First-Aid Market

The report analyses the China first aid market in terms of sales revenue (US$ Mn) by product, cities and by retail sales channel and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.

On the basis of city, the China first-aid market has been segmented into Tier 1, Tier 2 and Tier 3 Cities. Among Tier 1 cities, Shanghai offers good market opportunities for first-aid products manufacturers. It is anticipated to generate 1.4X higher sales revenue by the end of the forecast period as compared to that in 2014. Disinfectant products are anticipated to account for over half of the sales revenue in Tier 1 cities, followed by gauzes and bandages respectively. Tier 2 cities are expected to generate 1.3X higher revenue than Tier 3 cities by the end of 2020.

Among retail sales channels, drugstores and pharmacies are key channels for sales of adhesive bandages. Hospitals are the key channel for sales of gauzes. Hospitals account for major share of retail sales in Tier 3 cities in China. Though drugstores, pharmacies and hospitals are key retail sales channels for adhesive bandages and gauzes, modern retail sales channel are the most preferred mode for sales of disinfectants. Hypermarkets and supermarkets account for over 60% share of retail sales of disinfectants.

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By product type, the China first aid market has been segmented into adhesive bandages, gauzes and disinfectants (antiseptics). While disinfectants are projected to be the largest market segment throughout the forecast period, its presence is limited to Tier 1 and Tier 2 cities in China. The disinfectant products segment is anticipated to register a CAGR of 7.5% between 2014 and 2020. Reckitt Benckiser and Walch are key players in this product segment. Organized players account for significant market share in the disinfectants products segment. Among products, gauzes (woven and non-woven) covers significant market in Tier 3 cities in China. Sales revenue of adhesive bandages is further segmented into butterfly stiches, transdermal bandages and special bandages. Transdermal bandages account for significant market share in the adhesive bandages segment.

Key players in the China first aid market include Johnson and Johnson, Winner Medical Group Co., Reckitt Benckiser, Yunnan Baiyao, 3M Company, Nepstar Drugstore, 7-Eleven, Beijing Hualian Group and A.S Watson Group.

Key SegmentBy Product Type

  • Bandages
  • Gauzes
  • Disinfectants

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Dimer Acid-Based (DAB) Polyamide Resins Market 2022 | Scope of Current and Future Industry 2025

Dimer acids which are also known as dimerized fatty acids belong to the group of dicarboxylic acids. Dimer acids are viscous fluids that are transparent and non-toxic in nature. Dimer acids are manufactured by dimerizing unsaturated fatty acids that are obtained from oleic acid, canola oil, tallow, cottonseed, tall oil and rapeseed among others.  Dimer acids are widely used to synthesize polyamide resins and hot melt adhesives. Dimer acid-based polyamide resins have varied properties which makes them either reactive or non-reactive in nature. Reactive polyamides are primarily used as curing agents for epoxy resins that are generally used in the manufacturing of adhesives and surface coatings. On the other hand, the non reactive polyamides are predominantly used in the manufacturing of printing inks and hot-melt adhesives. Dimer acid-based polyamide resins exhibit physical properties such as heat resistance, cold resistance, film flexibility, fast curing, oil resistance, excellent adhesion and good compatibility among others. Dimer acid-based polyamide resins are widely used as decorative coatings, fabrics, interlining, shoe stretch, fold plastic and Baotou glue.

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Growing economies of developing countries coupled with rising disposable income has boosted the overall demand for residential properties which in turn is expected to augment the overall growth of construction industry. Construction industry is the major application of adhesives and surface coatings. Thus, the growing demand for adhesives and surface coatings from various end-use industries such as construction is expected to drive the overall dimer acid-based polyamide resins market. Dimer acid-based polyamide resins are also mainly consumed in the manufacturing of printing inks. Dimer acid-based polyamide resins exhibit improved freeze thaw characteristics to the printing ink compositions. Thus, the use of dimer acid-based polyamide resins plays a crucial role in improving the overall quality of the printing inks. Thus, growing demand for printing ink is expected to augment the overall growth of dimer acid-based polyamide resins market.

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China is the major consumer of dimer acid-based polyamide resins owing to the presence of huge demand for adhesives and surface coatings from construction and automobile applications. North America is expected to be the next largest consumer of dimer acid-based polyamide resins owing to the presence of huge demand for printing inks in the region. The demand for DAB polyamide resins is expected to grow rapidly in Europe owing to the huge demand for surface coatings from the automobile industry present in the region. Rest of Asia Pacific is anticipated to experience huge demand for dimer acid-based polyamide resins owing to the growing construction industry in countries such as India, Japan and Korea present in the region. Rest of the World is expected to exhibit sluggish growth in the demand for dimer acid-based polyamide resins market in the near future.

Arizona Chemical, Anqing Hongyu Chemical Co., Ltd., The Dow Chemical Company, Jinan Tongfa Resin Co., Ltd. and RITEKS are some of the major participants of the dimer acid-based polyamide resins market. The companies are mainly focused towards achieving economies of scale. Hence, most of the leading players are striving towards increasing their production capacities for manufacturing dimer acid-based polyamide resins market. The companies are also hugely investing in research in order to develop innovative products having superior qualities.

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This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size & Forecast 2015 -2025
  • Supply & Demand Value Chain
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa
Dimer Acid Based Polyamide Resins Market

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

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.

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High Content Screening Market Report- Drivers and Restraints, Growth Opportunity Assessment and Forecast to 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.

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

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“Demand for novel technologies for cell analysis and drug discovery is expected to improve the manufacturing speed, throughput, and reliability. This is expected to create growth opportunities for market players,” Says the FMI Analyst.

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 StudyFuture 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.

High-Content-Screening Market by CategoryProduct Type

  • Cell Imaging & Analysis
    • HCS Instruments
      • High-End HCS
      • Mid End HCS
      • Low-End HCS
    • Flow Cytometers
  • Consumables
    • Microplates
    • Reagents & Assay Kits
    • Other Consumables
  • Softwares
  • Services

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Industry

  • Pharmaceutical & Healthcare
  • Biotechnology
  • Educational Institutions
  • Independent CRO
  • Government Organizations
  • Others

Application

  • Primary & Secondary Screening
  • Target Identification & Validation
  • Toxicity Studies
  • Compound Profiling
  • Others

Region

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

Brain Tumor Treatment Market is expected to provide the lucrative growth over forecasted period

Brain Tumor Treatment Market Overview

A brain tumor is an abnormal and uncontrolled proliferation of cells in the brain. It can be benign or malignant. Brain tumor arises from brain tissue and rarely spreads. The tumor eventually compress and damage other structures in the brain. According to American Brain Tumor Association (ABTA), there are two types of brain tumors – primary and secondary. Primary tumors arises from brain tissue and secondary tumors arises from other parts of the body and spreads to brain. Gliomas are most common type of primary tumors which arises from brain’s glial tissue. Glioblastoma multifome is a fast growing and of higher grade when compared to other tumors. Advanced medications are available to treat the brain tumors. Increasing pharmaceutical R&D spending is expected to provide the lucrative growth for the global brain tumor treatment market over the forecasted period.

Brain Tumor Treatment Market: Drivers and restraints

Increasing incidence of brain tumor (Glioblastoma) is one of the leading factor driving the growth of the market globally. For instance, as per the American Society of Clinical Oncology (ASCO), brain tumor incidence rate growing at 2.6% compared to the last year. An estimated 22,850 cases diagnosed with primary cancerous tumors of the brain in the U.S. Furthermore, increasing geriatric population is also driving the brain tumor market. Increasing consumer awareness regarding the latest technological advancements in therapies, and medications are responsible for the growth of global brain tumor treatment market.

Brain Tumor Treatment Market: Overview

Increase in incidence rate of brain tumor has fuelled the demand for effective treatment. As such, global companies are spending significant portion of their revenue on R&D to develop novel medications. Many products related to novel drug delivery technologies are lined up for FDA approval. Increasing demand for advance medication to treat brain tumors is expected to fuel overall growth of the market.

Brain Tumor Treatment Market: Region-Wise Outlook

Depending upon the geographic regions brain tumor treatment market segmented into seven key regions: Those are North America, Latin America, and Eastern Europe, Western Europe, and Asia pacific excluding japan, Japan, Middle East and Africa.

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North America and European region is expected to dominate the global brain tumor market throughout the forecast period, owing to increasing incidences of glioblastoma coupled with technological advancements.

Though North America and Europe are expected to lead the market, Asia Pacific is anticipated to witness robust growth. Significant increase in incidence rate of brain tumors along with shifting of locus of economic activity and dynamism to this region is expected to boost the demand for drugs responsible for brain tumor treatment.

Latin America and MEA are expected to witness moderate growth during the forecast period. Companies need to capitalize their resources in emerging regions to gain market share in brain tumor treatment market.

Brain Tumor Treatment Market: Key players

Key players in the brain tumor treatment market are Genetech U.S.A, Bristol Myers Squibb, Hoffmann- La Roche, AstraZeneca plc, Pfizer, Inc., Novartis AG, Antisense Pharma, Merck & Co, Macleods Pharmaceutical Limited, Mankind Pharma, Dr. Reddys Laboratories Ltd.

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

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

Brain Tumor Treatment Market: Segmentation

Global Brain Tumor Treatment Market can be segmented as following types

By Product:

  • Temozolomide
  • Carmustine
  • Cisplatin
  • Bevacizumab
  • Geftinib
  • Erlotinib

By End user:

  • Hospital Pharmacies
  • Ambulatory Surgical Centers
  • Individual Pharmacies

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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

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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Phospholipids Market Is Set to Experience Revolutionary Growth by 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.

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.

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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.

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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.

  • 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

Product Type

  • Natural Phospholipids
    • Soybean Phospholipids
    • Sunflower Phospholipids
    • Rapeseed Phospholipids
    • Egg Phospholipids
    • Others (corn phospholipids and canola phospholipids)
  • Synthetic Phospholipids

Function   

  • Emulsifiers
  • Texturizers
  • Stabilizers
  • Binding Agent
  • Releasing Agent

Application

  • Cosmetics
    • Skin Care
    • Hair Care
  • Pharmaceuticals
  • Nutraceuticals

Region

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

Vegan Marshmallows Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2028

The vegan food industry has witnessed spectacular gains in the past few years, owing to increasing realization amongst consumers about the perceived ill-effects on human health as a result of excessive animal based food products. The popularity of plant-based confectionery is an interesting trend in this regard. Bouyed by these factors, Future Market Insights (FMI), in its recently published study, opines that global vegan marshmallows market will grow at over 8% through 2028.

The Vegan Society estimates that demand for plant-based meat alternatives surged by nearly 1000% across the U.K in 2017, while 62% of the population purchased plant-based milk in 2020. Such trends are generating credible expansion possibilities for prominent vegan marshmallow manufacturers.

The surging demand is also attributed to increasing preference for clean label and GMO free foodstuffs. High preference for halal and kosher food items is prompting confectionery giants to offer vegan alternatives.

Key Takeaways

  • Global vegan marshmallows market to exhibit value CAGR exceeding 8% through 2028
  • Premium vegan marshmallows to generate over half of the revenue share by 2020-end
  • Vanilla and peppermint top-selling flavors
  • Health & wellness stores to register remarkable growth, expanding at a staggering 10.4% CAGR across the forecast period
  • North America to remain the dominant vegan marshmallows market, surpassing US$ 100 Mn by 2020-end

“Increasing demand for clean-label certifications, including halal and kosher, across prominent regions is motivating vegan food manufacturers to introduce plant-based marshmallows with unique flavor combinations, positively driving market growth,” says the FMI analyst.

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COVID-19 Impact Analysis

The novel coronavirus pandemic has ushered in a sea change in consumers’ dietary preferences, with sales of plant-based and vegan foodstuffs spiking across all continents. Growing apprehensions about possible infection contraction through zoonotic channels have compelled consumers to abandon meat consumption and choosing safer alternatives.

This precautionary behavior has also penetrated the marshmallows market, with prominent manufacturers augmenting production of different flavored vegan marshmallows. According to a Veganuary survey, 32% of participants revealed that they were consuming more vegan foods across the UK, US, Latin America and Germany since the pandemic’s outbreak.

Hence, the prospects for vegan marshmallows has been broadening since the past several months. The market is expected to further aggrandize in the upcoming forecast period, with consumers expected to rely largely on clean-label and naturally derived foods way after the pandemic has subsided.

Competitive Landscape

The global vegan marshmallows market is characterized by the presence of various prominent vegan product manufacturers who are effectively leveraging the prevailing clean-label products consumption trends to flood regional markets with innovative flavor combinations.

Some leading players profiled in FMI’s vegan marshmallows market research report include Freedom Confectionery, Chicago Vegan Foods, Mr. Mallo Group, The Naked Marshmallow Co., Ananda Foods Ltd. & The Marshmallowist among others.

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More Insights on FMI’s Vegan Marshmallows Report

Ingredient

  • Vanilla
  • Pumpkin
  • Peppermint
  • Chocolate
  • Others

Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Store
  • Drug Stores & Pharmacies
  • Health & Wellness Stores
  • Online Retailing
  • Other Retailers

Pricing

  • Economic
  • Premium

Region

  • North America (U.S & Canada)
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
  • Europe (EU-4, U.K, BENELUX, Russia, Poland & Rest of Europe)
  • APEJ (China, India, ASEAN, Australia & New Zealand, South Korea & Rest of APEJ)
  • Japan
  • Middle East & Africa (GCC, South Africa & Rest of MEA)

 

Vegan Supplements Market Gains Impetus from Environmental and Ethical Considerations in Nutraceuticals Sector: FMI

A recent study by Future Market Insights (FMI) opines global vegan supplements market is set to growth at 10.9% CAGR between 2020 and 2028, supported by a growing base of vegan and vegetarian consumers. The rise of the conscientious consumer has led to new opportunities for vegan supplement market players.

Plant-based diets reduce the risks of cancers, coronary disease, diabetes and other lifestyle-based ailments. Also, efforts towards sustainable food production management and ethical consideration in terms of sourcing animal-based ingredients are likely to bolster demand for plant-based product offerings.

As governments set up favorable policies towards plant-based diets, FMI opines bullish prospects for the vegan supplements market.

Key Takeaways

  • Surge in demand for botanical ingredient sources owing to clean label trends
  • Online retail distribution channels to gain traction as people look to minimize risks
  • Demand for vegan supplements in capsule form continues to grow
  • Europe maintains its position as the most lucrative market globally

“Varied advantages associated with vegan supplements including lower toxicity, superior bioavailability, and natural smell & flavor is expected to bolster the vegan supplements market through the forecast period,” says an FMI analyst.

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COVID-19 Impact Analysis

Sales of vegan supplements through online channels has picked up since early 2020, following the outbreak of the coronavirus outbreak. On the other hand, sales from brick-and-mortar outlets have witnessed a moderate drop. OTC offerings are expected to witness higher demand with higher levels of health consciousness driving the demand for immunity-boosting offerings.

This trend is also contributing to increasing adoption of plant-based diets, which will contribute to long term growth in the post pandemic era. Revenue from the vegan supplements market is expected to continue growing as lockdown restrictions are eased, with growing sales coming out of sports nutrition applications.

Who is Winning?

The vegan supplements market is largely competitive and fragmented. Key market players are increasingly focused on product development and launch strategies aimed towards bolstering product portfolios and geographical expansion.

Market leaders include General Mills Inc., Garden of Life, Danone S.A., PepsiCo Inc., Blue Diamond Growers Inc., ALOHA, NuGo Nutrition, One Brands, BHU Foods, and G&G Foods among others.

FitLivings in December 2020 introduced its Okinawa Flat Belly Tonic, which is a non-GMO, vegan friendly, powder-based supplement for consumers in the United States.

HealthyCell a leading dietary supplement company has entered into a partnership with KeHE for the distribution of its Vegan Essentials range of products, which comprises a proprietary gel delivery system.

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More Valuable Insights on Vegan Supplements Market

Product Type

  • Powder
  • Liquid
  • Capsules
  • Bars
  • Others

Ingredients

  • Vitamins & Minerals
  • Amino Acids
  • Botanical Supplements
  • Others

Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Drug Stores & Pharmacies
  • Health & Wellness Stores
  • Online Retailing
  • Others

Region

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

About Food Market Division at FMI

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

 

Clean Label Pectin Market Huge Growth Opportunity between 2021-2031

Clean label pectin is used as a primary ingredient in various food applications such as jams, jellies, sauces, fruits spreads, chews, bakery fillings, juices, toppings, sugar confectionery, fermented dairy products, and plant based products. Driven by the increasing application as stabilizer, the clean label pectin market is forecast to rise at nearly 7% CAGR between 2021 and 2031. Future Market Insights (FMI) presents a positive outlook for the market in its study as focus on healthy eating continues to rise around the world.

Consumers in general have become more curious about the source of the raw material and production methods used for processing various food products. A few of the production methods are observed as less ‘natural’ while some food ingredients are considered as ‘unhealthy’ and ‘unfamiliar’.

The ‘clean label’ trend is expected to have considerable influence on the food industry especially since consumers have become more interested in ingredients used in their food. There is clear inclination for more ‘natural’ methods of production using ingredients derived from organic or natural sources. According to FMI, citrus fruits are highly sought-after sources of clean label pectin. In fact, citrus fruits made for over 43% of clean label pectin produced in 2020.

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Key Takeaways from Clean Label Pectin Market Report

  • Clean label pectin market will exhibit 5.8% y-o-y growth in 2021, registering 0.3% improvement than growth recorded last year
  • Increasing focus on healthy eating seals America’s dominance. The U.S. to account for a little below 85% of sales recorded in North America
  • U.K. emerges as a key market within Europe, exhibiting over 8% y-o-y growth in 2021
  • Rising focus on health and wellness to continue driving sales in Germany and France
  • While China will continue dominating sales in East Asia, both Japan and South Korea are forecast to register higher rate of growth

“Consumers are likelier to check ingredients list on a food product to ascertain if it is sustainable and environment-friendly. Smaller manufacturers see this as a lucrative opportunity to establish their brand presence in a highly competitive landscape.  With focus on end-to-end clarity rising, more companies are jumping into the clean-label bandwagon, irrespective of their size. Spurred by this, clean label pectin producers will gain from increasing application within the food industry,” said a lead analyst at FMI.

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Demand from Pharmaceutical Industry Poised to Surge

Clean label pectin market is anticipated to register increasing demand from the pharmaceutical industry. Gelling property of clean label pectin has been increasing its use in making gel beads, film coated dosage, and matrix tablets. Clean label pectin is mainly used for medicine for diarrhea, throat lozenges and constipation. It also is used in nutritional and health products which help in weight loss, strengthens skin and hair, enhance iron absorption, and improve heart health.

Increasing Demand for Organic and Clean Label Food Will Accelerate Sales

Consumers are shifting towards healthy, high vitamin, nutrient rich food and avoiding foods with artificial flavour, colour, GMO levels and preservatives. Increasing health awareness and high demand for low sugar fruit products will drive the clean label pectin market. Consumer inclination toward natural and organic food is persistent rising due to rising health consciousness and it is accelerating the growth of clean label pectin. Due to rising demand for organic and clean label products, key players of clean label pectin market are focusing on launching unique clean label pectin products in the market.

For instance,

  • In 2020 CP Kelco introduced GENU Pectin YM-FP-2100, a clean label ingredient that provides a medium-to-high viscosity in the fruit drinking yogurt and with ease of pump ability at the fruit prep stage.
  • In 2018, DuPont Nutrition & Health launched and developed GRINDSTED Pectin PRIME 541, product which allow food producer to make new tempting reduced-sugar fruit spread and without processing hurdles.

Who is Winning?

Some of the key players operating in the clean label pectin market are CP Kelco, Cargill, Inc, Herbstreith & Fox, Royal DSM, DuPont Nutrition & Health, Brenntag North America, Inc., Silvateam Food Ingredients, Lucid Colloids Ltd. and many more. In order to gain competitive advantage, market players have been focusing on expansion via merger and acquisition strategies. Besides this, product launches are undertaken to strengthen their footprint.

For instance,

  • In 2020 Herbstreith & Fox (H&F Group), a producer of pectin base in Germany acquired pectin buisness from Givaudan SA (Switzerland) part of the Naturex portfolio.
  • In 2018, Brenntag North America Inc. entered into partnership with Silvateam for the extensive distribution of pectin in the Canada and United States.
  • In 2019, CP Kelco launched a new product line, NUTRAVA citrus fiber it is a clean label ingredient which is derived from peels of citrus fruits.

Get Valuable Insights into Clean Label Pectin Market

By Product type

  • High methoxyl
  • Low methoxyl
    • Amidated (LMA)
    • Non-amidated

By source

  • Citrus food
    • Orange
    • Lemon & lime
    • Tangrient and mandarins
    • Grapefruit
  • Apple
  • Pear
  • Plum
  • Banana
  • Others (Berries)

By end use application

  • Fermented Plant based products
  • Fermented dairy products, including yoghurt
  • Jams
  • Jellies
  • Chews
  • Fruit Spreads
  • Sugar Confectionary
  • Fruit roll ups
  • Fruit Preparations
  • Bakery Fillings
  • Glazes
  • Sauces
  • Toppings
  • Ripples
  • Compotes
  • Juices
  • Reduced- Sugar beverages

By Region

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

 

Citrus Yogurt Market Huge Growth Opportunity between 2020-2030

The sales of functional, probiotic foods, and beverages in recent years have risen substantially owing to higher prevalence of health awareness among consumers. Changing dietary behaviors and the increasing popularity of ready-to-eat foods have been fuelling the demand for citrus yogurt, finds Future Market Insights (FMI) in a new study.

Citrus yogurt manufacturers are increasingly leveraging the potential of their offerings as potential alternatives to ice creams and food spreads, while also focusing on strategies towards product launches and geographical expansion.

According to the U.S. Dairy Export Council, the global fermented beverage and drinkable yogurt sales have grown with a 12% CAGR since 2015. In a recent market study, Future Market Insights (FMI) has stated that the global citrus yogurt market surpassed US$ 1.9 Bn in 2020.

As per the Food and Agriculture Organization of the United Nations, 6 billion people globally consume milk and milk products. However, the vast base of lactose intolerant consumers will generate long term opportunities for non-dairy citrus yogurt products for years to come.

Key Takeaways

  • Dairy-based citrus yogurt is estimated to hold major market share. However, plant-based alternatives are estimated to display a stronger growth rate through 2028.
  • Sales through hypermarket/supermarket channels will remain dominant, owing to sophisticated and robust supply chains.
  • Conventional formulations will hold the lead over organic options, accounting for close to 90% through the forecast period.
  • Asia Pacific excluding Japan is a dominant regional market, which is projected to grow to more than 38% of the overall market share by 2028.

“In a fairly fragmented citrus yogurt market, companies are adopting diverse strategies to carve a niche. While product launches remain key focus, some of the market players are focusing efforts toward expansion to strengthen their foothold. To woo consumers there is immense focus on launching additive free products, which will bode well for the market in the coming years,” said a lead analyst at FMI.

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COVID-19 Impact Analysis

The COVID-19 pandemic has resulted in significant changes in the food preferences of consumers around the world. Concerns over health, immunity, and transmission of the virus have bolstered the demand for health foods including probiotic products such as flavored yogurt.

The availability of high-protein product offerings in the sector is a major factor that is likely to drive demand in the short term. Also, plant based variants of citrus yogurts are expected to gain traction through the crisis.

Also, higher demand for RTE foods and, changes in consumer spending habits aimed towards essentials including food and beverage purchases will positively influence the growth of the citrus yogurt sector in the short term.

Who is Winning?

The citrus yogurt market is fairly fragmented and characterized by the presence of small and mid-scale manufacturers. Leading market players are effectively widening product portfolios for long term growth with a focus on natural and clean label ingredients.

Some of the leading players in the citrus yogurt market include General Mills Inc., Kite Hill, Danone S.A., Forager Project LLC, The Hain Celestial Group Inc., Chobani LLC, Nestle S.A., and Daiya Foods Inc. among others.

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More Valuable Insights on Citrus Yogurt Market

Product Type

  • Dairy
  • Non-Dairy

Form

  • Drinkable
  • Spoonable

Nature

  • Organic
  • Conventional

Distribution Channel

  • Food Service (HoReCa)
  • Hypermarket/Supermarket
  • Convenience Store
  • Food & Drink Specialty Stores
  • Online Retail
  • Others

Region

  • North America (U.S. & Canada)
  • Latin America (Mexico, Brazil, Argentina & Rest of LATAM)
  • Europe (EU-4, U.K., Russia, Benelux, Poland and Rest of Europe)
  • Japan
  • Asia Pacific excluding Japan (China, India, ASEAN, South Korea, Australia, and New Zealand,)
  • Middle East & Africa (GCC countries, South Africa, and Rest of MEA)

 

Lactose Market Huge Growth Opportunity between 2020-2030

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

Key Takeaways

  • Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales
  • United States will continue to account for significant market share among all countries
  • Powdered form lactose will continue to outsell lactose in granule form
  • Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing
  • UK lactose to mimic broader consumer trends in Europe
  • Lactose market players in Japan and South Korea target novel applications

“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

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Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

  • In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.
  • In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

  • In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.
  • In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

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Get Valuable Insights into Lactose Market

Key Segment

Form

  • Powder
  •  Granule

End Use

  • Food and Beverage
    • Bakery
    • Confectionery
    • Functional Food
  • Pharmaceutical
  • Animal Feed

Derivative Type

  • Lactose Monohydrate
  • Galactose
  • Lactulose
  • Lactitol
  • Other (tagatose, lactobionic acid)

Region

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