Market Research Blog – Page 14876 – New Product Development

Access Control Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2031

The access control market revenue will total US$ 15.3 Bn for 2021, according to Future Market Insights (FMI) study. The overall market is expected to reach US$ 50.4 Bn by 2031, growing at a CAGR of 12.6% for 2021 – 2031. Newly released data on the access control demand outlook indicates a 10.8% y-o-y growth in 2021. In terms of system types, the market share of fingerprint and face recognition access control systems are the largest. However, the iris recognition access control systems will register faster growth at a 16.2% CAGR through the assessment period.

The adoption of access control systems in various industry verticals is expected to propel the market. Information and data security is becoming a top priority for industrial organizations to secure their information and other digital assets from threats. The latter goal largely depends on guaranteeing safety for visitors, plant managers, workers, and more. The growing necessity of integrated access control solutions to create secure environments across industrial areas that layer several technologies in conjunction with contingency plans for human and asset protection will drive demand.

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Therefore, access control is the ideal way to seamlessly fuse such solutions without compromising on productivity, safety, and security with greater efficiency. Several industrial organizations such as IT & telecom, healthcare, BFSI, and manufacturing, are adopting access management solutions to ensure the protection of resources.

The rapidly growing usage of mobile devices has shifted the focus of corporate sectors towards enterprise mobility practices. The major types of smartphone door access control systems include IP systems, control panel systems, and mobile access credentials.

The use of mobile-based credentials is the organic evolution from conventional physical security in the access control industry. Mobile credentials offer superior security and convenience. Smartphone access encompassed with cloud-based systems make such solutions an economical choice for long-term applications, although local systems only require one-time investments.

Key Takeaways from the Access Control Market Study

Iris recognition access control systems will witness the highest growth rate at over 16 percent, owing to investments into new biometric security solutions through 2031.
The healthcare sector is anticipated to capture the largest share of 19.8 percent in 2021, backed-up by security concerns in healthcare facilities associated with the use of EMR.
The U.S. will remain dominant in North America with an 84.5 percent share in 2021, supported by faster access to tech developments in end use verticals.
The market in Japan is expected to progress at a noteworthy CAGR of close to 17 percent through 2031, supported by a tech-driven economy.
In the U.K., sales are expected to increase at a CAGR of more than 15 percent over the next ten years, driven by favorable government investments and policies.

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“Access control systems have become a fundamental part of enterprise security departments for applications including the protection of perimeter and high-level data and assets,” said a report analyst. “Frequently changing sources of threats, mandatory compliance, and increased liability issues are the key elements fueling the demand for access control systems for enhancing security.”

Key Takeaways from Access Control Market Survey

North America is likely to remain one of the most attractive markets with the U.S. accounting for a market share of over 79% in the region by 2031.
The U.K. is expected to lead the European market with growing sales of access control solutions at a CAGR of over 15% through 2031.
Thanks to the rising government investments in infrastructural advancement, the demand for access control solutions in China is estimated to rise at a CARG of 12% over the forecast period.
With increasing terror threats in India, the demand for access control solutions in the country is expected to surpass a valuation of US$ 751 million by 2031.
Japan is anticipated to emerge as a highly lucrative market, demonstrating growth at a robust CAGR of 17% over the next ten years.

Key Drivers

Increasing awareness regarding cybercrime and security for data is fueling the demand for access control solutions.
Advent of digitalization is expected to create sales opportunities for access control solutions.
Ongoing technological development in access control solutions will bolster the growth of the market.
Growing shift from key-based to key-less access control is driving the growth of the market.

Competitive Landscape

Manufacturers operating in the access control market are emphasizing on optimizing their existing product and service portfolio. Some of the market players are focusing on receive approval for their product to expand their market share, For instance.

Honeywell the expanded the capabilities of its MAXPRO Cloud portfolio in Feb 2021, with the launch of its new products MPA1 and MPA2, access control panels that offer web, cloud-based and on-premise hosting options.
Nedap’s AEOS physical access control system received CPNI certification, which makes it suitable for the U.K.’s technical authority standards applications.

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

Identiv
Honeywell International Inc.
NEC Corporation
Johnson Controls
Bosch Security and Safety Systems
Assa Abloy AB
Thales Group
STANLEY Convergent Security Solutions, Inc.
3M
Secom Co., Ltd
Dormakaba Holding AG
HID Global
Matrix Comsec Pvt. Ltd.
Paxton Access Ltd.
BioEnable Technologies Pvt Ltd.
Spectra Technovision (India) Pvt. Ltd.
ZKTeco India
Intellicon Private

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More Valuable Insights on Access Control Market

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

By Component:

Hardware
- Fingerprint Scanners
- Facial Recognition Devices
- Iris Scanners
- Smart Cards
- Others
Software
- Integrated Access Control Software
- Standalone Software/Middleware
- Facial Recognition Software
- Iris Recognition Software
- Others
Services
- Professional Services
  - System Integration & Installation
  - Security Consulting
  - Support & Maintenance
- Managed Services

By System Type:

Fingerprint Access Control Systems
Face Recognition Access Control Systems
Iris Recognition Access Control Systems
Card-Based Access Control Systems
Others

By Industry:

IT & Telecom
BFSI
Military & Defense
Manufacturing
Healthcare
Transportation & Logistics
Government
Education
Others

Key Questions Covered in the Report

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

Radar & LiDAR Technology For Railways Application Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2031

The global Radar & LiDAR technology for railways application market is expected to grow at 9.6% CAGR between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI).

Radar & LiDAR technology is gaining traction in railway and transportation sector as a part of train protection and collision prevention system. Increasing demand for radar and LiDAR sensors in smart railway systems will inflate the market growth.

Recent developments in technology used to control train traffic, track train routing and scheduling, and detect on-track pedestrian will support the radar & LiDAR technology for railways application growth.

Increasing government investment towards designing autonomous railway system especially in emerging economies and surge in demand for radar sensors will emerge as market drivers. Some of the leading companies are launching advanced LiDAR systems to offer higher resolution and improved accuracy. These attributes are considered extremely critical for tracking railway speed.

Mobile LiDAR equipments are capable of high speed mapping of rail corridors with rate of 1.1 Mn per second. This equipment is installed on a vehicle or train locomotive. As the vehicle moves the LiDAR perfectly maps the tracks and surrounding area.

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Incorporation of mobile LiDAR equipment in railways infrastructure project planning and development, along with construction, operations, maintenance, safety, and asset management will accelerate the market growth.

“Companies operating in the market are launching advanced solutions to improve rail collision prevention mechanism. Their efforts will elevate the market demand,” says the FMI analyst

Key Takeaways

The global radar & LiDAR technology for railways application market is forecast to reach the valuation of US$ 4.98 Bn by the end of assessment period
The U.S. radar & LiDAR technology for railways application market is anticipated to grow at 10.4% CAGR throughout the forecast period. Increasing government funding towards improving productivity will aid overall expansion.
Rapid adoption of technology for producing digital railways system and increasing government initiatives towards developing high speed rail network will have positive influence on the U.K. radar & LiDAR technology for railways application market growth.
China has been working extensively towards developing its railway infrastructure. With increasing research and development initiatives undertaken for digitization of railway system, impressive growth is on card for the China radar & LiDAR technology for railways application market.
Integration of cloud based traffic planning solutions with railways and track management system will fuel the market growth during the upcoming years.
Increasing demand for safe protection system, reliable scheduling and tracking of trains along with their positioning has perpetuated the radar & LiDAR technology for railways application market demand.

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Competitive Landscape

According to the study by Future Market Insights, market leaders are employing various inorganic and organic marketing strategies to deepen their market penetration into emerging markets.

Growth strategies include new product development and product launches to strengthen their market position. They are also participating in strategic merger and acquisition to strengthen their footprint.

For instance,

A new LiDAR sensor was launched by Bosch in July 2020. The working of the sensor is to calculate the distance between target objects by illuminating them with laser light and measuring the reflected pulses. It is capable of detecting objects within 250m range and can recognize 24 objects simultaneously. It is incorporated in railways as a safety and monitoring system.
PPC-10G (70/80 GHz), a wireless radio was inspected by ELVA-1in October 2020 for train-to-ground connectivity. The system is developed to solve the problem of providing high-speed trains with a broadband Internet connection on straight sections of the railway.
Hupac Intermodal launched Train Radar, a device which provides real-time train running information in January 2020. It makes real-time tracking and accessing ETA information very comfortable. It gives fast and accurate information regarding the intermodal transport management.

Some of the leading companies operating in the market are:

Radarxense BV
Radar Vision
Earth Radar Pty Ltd
Bosch Mobility Solutions
Navtech Radar
ELVA-1
DEUTA-WERKE GmbH
Hupac Intermodal
BlackBerry Limited
Leica Geosystems AG
Trimble Inc.
RIEGL Laser Measurement Systems GMBH
SICK AG
Quantum Spatial
Velodyne Lidar
YellowScan
Phoenix LiDAR Systems
XenomatiX
IDS GeoRadar (Hexagon)

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More Insights on the Global Radar & LiDAR technology for railways application Market

Future Market Insights, in its new offering, provides an unbiased analysis of the radar & LiDAR technology for railways application market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the radar & LiDAR technology for railways application market with a detailed segmentation on the basis of various parameters. These include:

Radar Technology
- Radar Sensor Modules
  - Speed Measurement Radar Sensors
  - Distance Measurement Radar Sensors
- Service
  - Integration & Installation Services
  - Support Services
LiDAR Technology
- Devices
  - Mobile LiDAR Scanners
  - Aerial LiDAR Drones
  - On-board LiDAR Sensors
- LiDAR Processing & Mapping Software
- Services
  - LiDAR Survey & Mapping Services
  - Consulting Services
  - Support Services

Application

Railway Track Faults Detection
Rail Collision
Pedestrian Detection
Train Tracking & Control

Region

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

Key Questions Covered in the Report

How will the market radar & LiDAR technology for railways application expand through 2031?
Which top manufacturing companies are leading the global radar & LiDAR technology for railways application market?
What are the key drivers and trends that will stimulate the radar & LiDAR technology for railways application sales?
What are the challenges that will affect the sales of radar & LiDAR technology for railways application market?
Which region will remain the most lucrative throughout the forecast period?
What is the impact of COVID-19 on radar & LiDAR technology for railways application market?

Workstation Software Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2031

The global workstation software market is forecast to reach the valuation of US$ 28.77 Bn by the end of 2031, as per a study by Future Market Insights (FMI). Computer aided design helps in increasing productivity and undertake mission critical applications. Growing demand for custom built workstations for heavy duty applications such as 3D modeling and product life cycle management will elevate the market growth, evaluated ESOMAR-certified consulting firm Future Market Insights.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for workstation software products. The report tracks the global adoption of workstation software products in 20+ high-growth markets, along with analyzing the impact of COVID-19 on the global adoption of workstation software solutions, along with the pre-COVID and post-COVID market growth analysis.

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According to the study, workstations are found most effective when used in parallel processing to run heavy workloads of multiple sizes. They are capable of handling multi layer graphics, 3D virtual reality applications and fluid dynamics which requires extensive computing power. The versatility of workstation will positively influence the workstation software market growth.

“Growing popularity of 3D design and animation software in engineering and manufacturing industries will intensify the workstation software market demand”, remarks the FMI analyst.

Key Takeaways

Digital content creation sector is experiencing tremendous growth with the incorporation of smart technologies. It is forecast to grow by 25% by 2026 end.
Flourishing IT, architecture and manufacturing sector in US has fueled the market workstation software market growth.
UK workstation software market is anticipated to expand at 16.2% CAGR by the end of forecast period 2021-2031. The growth is driven by surging demand from automotive manufacturers and development in media and advertising domain.
Lofty government investment towards advancement in cloud computing and digital transformation along with early adoption towards virtual computing drives the market growth in China.
India is a promising prospect regarding workstation software market. Increasing adoption of 3D modeling and rendering technology in construction industry will drive the workstation software market sales.

Prominent Drivers

Rising popularity of gaming culture has lead to development of high quality graphic games paving way for workstation software market growth.
Surging demand for image editing, web content creation and video editing with special effects has led to increase in workstation software market demand.
Adoption of computer aided design and graphics design and other system heavy applications which require multiple gaming processing units and rams will boost the market growth.

Discover more about the workstation software market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/workstation-software-market

Key Restraints

Fluctuation in software performance and limited customization for gaming will hamper the market sales.
Unavailability of custom models for job specific applications like engineering will impede the market growth.
High upfront cost of workstation coupled with very niche market base hinders the market growth.

Competitive Landscape

Leading players profiled by FMI operating in workstation software market include Autodesk, Inc., Unity Technologies, Virtuix, Microsoft Corporation, GIMP, Survios, Enscape, Skylum, Fujitsu, Adobe Inc., Corel Corporation, Dassault Systèmes SolidWorks Corporation, SubVRsive Inc., Luxion Inc, MAXON COMPUTER GMBH. According to FMI, the tier -1 market players like Autodesk, Inc., Fujitsu, Adobe Inc, and Microsoft Corporation dominate the workstation software market holding nearly 40% of global market share. They emphasize on product launches, strategic acquisitions and collaborations and developing their distribution network. Tier-2 and tier-3 market players which hold below 15% market shares are focusing on business expansion and new market penetration.

In June 2020, Autodesk Inc launched “Autodesk Takeoff” which assists the designer to perform 2D and 3D designing estimations from common data reservoir to improve speed and accuracy during the quantification process.

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More Insights on FMI’s Workstation Software Market

Key Segments Covered:

By Workstation Software

3D Modeling & Rendering Software
CAD, CAM and CAE Software
Virtual Reality (VR) Software
Image and Video Processing Software

By End User

Engineers, Designers and Architects
Enterprise Software Developers
Gaming and Entertainment
Media and Publishing

Head Mounted Display Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2031

ESOMAR-certified Future Market Insights’ recent report on the head mounted display (HMD) market forecasts a healthy growth outlook through 2021 and beyond. As of 2020, the market registered the growth of 16.1% CAGR, which was primarily bolstered by the increasing adoption of AR/VR technologies in gaming and media & entertainment industries. Future projections indicate a positive forecast, CAGR exceeding 25.9% through 2031.

According to the study, warfare simulations, tactical augmented reality, situational awareness, and many other advantages are provided by HMDs. These aforementioned factors are key drivers increasing the application of HMDs in aerospace and defense sectors. Integration of 5G technology and the need to create Synthetic Training Environment for defense training is boosting the growth of head mounted display market.

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Apart from the aerospace and defense industry, the incorporation of AR/VR in HMDs has increased the usage in various industrial applications such as gaming, virtual shopping, automotive, remote education and many more. Hence, fuelling the demand.

“Advanced technology coupled with the integration of AR/VR in various sector such as education, gaming, military & defense, e-commerce and many more is bolstering the growth of head mounted display market,” remarks the FMI analyst.

Key Takeaways

Eye wear segment is expected to register a growth of over 30.2% CAGR during the forecast period
Increasing application in gaming and media & entertainment is expected to remain dominant
By type, slide-on HMD is anticipated to prevail over other segments through 2021 and beyond
United States is expected be one of the most lucrative market backed by the rise in gaming industry & defense sector
UK is likely to reach a valuation of over US$ 5759.6 Mn by 2031-end to expand at 32.7% CAGR
India to register a growth of over 35.9% CAGR during the forecast period backed by government initiatives to develop AR/VR technologies
China is leading the East Asia HMD market followed by Japan and South Korea

Prominent Drivers

Higher adoption of HMDs in gaming, healthcare and defense sectors is a key driver for the market growth
Increasing adoption of AR and VR technologies is fuelling the demand of HMDs
Surge in demand for lightweight HMDs and portable devices is stimulating HMDs sales

Key Restraints

Lack of standardization and limited battery life is posing a challenge for the market growth
Unavailability of proper knowledge of HMDs is expected to cause a restrain

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Competitive Landscape

Amcor PLC, Berry Global Group Inc., Gerresheimer AG, Comar LLC, Graham Packaging Company, Maynard & Harris Plastics, Alpha Packaging Inc., O.Berk Company LLC, CL Smith, Aaron Packaging Inc., and Clarke Container Inc. are some of the companies profiled by Future Market Insights. Leading players are reliant on the strategies such as product development, mergers and acquisition to strengthen their position in the market.

For instance, on February 25^th 2021, the Indian Ministry of Defense announced that the army is in the process of procuring 556 AR head mounted display systems. The Indian Army will acquire the ARHMD systems under Make-II Category. AR head mounted display serves as an enhancement to land-based air defense weapon systems such as the IGLA shoulder-fired Infrared Homing Air Defense Missile System and the ZU 23mm 2B AD Gun System.

Also, in October 2020, WiMi Hologram Cloud Inc., a leading augmented reality provider announced the launch of its new Mixed Reality HMD product “WiMi Hologram Soft Light”.

Key Segments Covered of the Head Mounted Display Market

Product Type

Head Mounted
Eyewear

HMD Type

Discrete HMD
Integrated HMD
Slide-on HMD

Application

Gaming, Media,& Entertainment
Aerospace, and Defense
Healthcare and Medical Devices
Engineering & Industry Applications
Education
Others

Virtual Machine Market Outlook 2021 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis And Share By Forecast 2031

Increasing adoption of hypervisor based virtualization over conventional cloud system software and container-based virtualization in the field of computing, which drive developments in the virtual machine industry. The global virtual machine market is estimated to reflect an exponential growth rate of over 15% CAGR during the assessment period from 2021 to 2031. Increasing demand for cloud computing solutions will support developments in the market through the coming years. Data management applications in retail, telecom, government, and information technology sectors are also aiding the development and sales of virtual machine products.

The global virtual machine market is expected to reach a valuation of US$ 119.89 Bn by 2031. Increasing adoption of heavy applications among organizations and rise in cloud computing technologies across the globe has fuelled the demand for virtual machine systems and solutions. Moreover, virtual machines enables time and money saving for businesses.

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“A prominent driving factor for the rapidly growing virtual machine market is the growing perception on the scope of how technology can be deployed in multiple industry settings. While earlier versions of server virtualization software were largely used as a viable avenue for test & development and server consolidation, newer products are gaining ground for utility computing applications,” says the FMI study.

virtual machine market region wise plc position and notable trends, 2021-2031

Virtual Machine Market – Primary Takeaways

Efforts to improve on business agility with devices on multiple OS drives adoption in small and medium enterprises.
VMware, Huawei and IBM accounts for close to 90% of the global market, with commoditization and saturation being key influencers.
The presence of leading cloud computing service providers contributes to the share of the US market.
India and UK are high potential markets owing to the presence of major international IT firms and data centers.

Virtual Machine Market – Growth Factors

Advantages in terms of storage on demand and scalability of operations for rapid data recovery drives growth.
Wide scope of applications in multiple end use industry is a major factor supporting adoption in the market.
Organizational device management improvements allowing simultaneous operations on thousands of devices will boost developments in the sector.

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Virtual Machines Market – Major Constraints

Virtualization resource distribution and backwards compatibility issues are challenges for developers.
Problems with reliability for security and backup in interoperable devices holds back development options.

Expected Impact on Market by Coronavirus Outbreak

The players participating in the virtual machine market have found key opportunities for growth associated with the onset of the coronavirus pandemic. Lockdown restrictions on human movement and the resultant popularity of work from home practices and the demand for cloud services have bolstered operations in the industry. Remote integration of organizational data operations has driven demand.

Growth is likely to continue through 2021 as cloud deployment continues to gain importance. The virtual machines market will witness substantial opportunities for growth in the near future, supported by changes in operational robustness and security standards, with software development opportunities arising from mobile device applications.

Competition Landscape

Prominent manufacturers taking part in the virtual machines market include but are not limited to Parallels Inc., Microsoft Corporation, Proxmox Server Solutions GmbH, VMware Inc., Huawei Technologies, Amazon Web Services Inc., Citrix, Google, Hewlett Packard Enterprise, IBM Corporation, Alibaba Group, and Oracle Corporation.

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Market leaders in the virtual machine market are pushing for product development efforts to improve functionality, with strategic collaborations gaining ground for superior development capabilities and expertise.

NVIDIA and VMware in March 2021 announced the release of their joint AI-ready virtual machine enterprise platform, with transfer learning with accuracy in smaller data set models. Further, Microsoft Corporation announced the launch of a new Azure module for virtual machine operations with signed and verified bootloaders, based on Virtual Trusted Platform Module standards. Linux released its new Virtual M68k Machine patches based on Goldfish interface, which will come with QEMU side support with the 6.0 version in patch form.

Key questions answered in the report

How will Virtual Machine market expand until 2031?
FMI projects the global virtual machine market to register a CAGR of 19.7% between 2021 and 2031. Increasing adoption of cloud computing services across small and mid-sized enterprises is expected to drive the growth.
Which is the most lucrative region in the global virtual machine market?
North America is the most lucrative region in the global virtual machine market and the trend is likely to continue in the near future. Within the region, the demand from the U.S. is expected to be higher.
Who are the leading players in virtual machine market?
Some of the leading players operating in the global virtual machine market include Microsoft Corporation, Amazon Web Services, Google, IBM corporation, and among others.
Who are the leading end users of virtual machines?
Healthcare and manufacturing sectors together are expected to account for over half of sales in the market through 2031.

North America Forage Seed Market Volume Expected to Reach 3,495,837.4 Kilo Tonnes by 2020

FMI Future Market Insights (FMI) delivers key insights on the global forage seed market in its latest report titled “Forage Seed Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020”. The global forage seed market is anticipated to expand at a CAGR of 8.4% in terms of volume during the forecast period due to various factors, regarding which FMI offers fundamental insights in detail in this report.

Alfalfa seeds segment was the largest contributor to the market in 2013, accounting for a market share of 27.0% in terms of value. The clover forage segment was the second largest revenue generator in the same year. Alfalfa plays an important role as a livestock forage. The demand for alfalfa is primarily driven by its high nutrient content (protein and energy) that helps improve: growth of livestock, maintenance, lactation and reproduction. In addition, alfalfa seeds are widely used for feeding dairy cattle with a view to enhance milk production globally. The clover seed segment of the global forage seed market was valued at USD 2,636.3 Mn in 2013 and is expected to expand at a CAGR of 7.9% in terms of revenue during the forecast period.

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The global forage seed market is anticipated to expand at a high CAGR in terms of value during the forecast period. Owing to the inclining demand for forage seeds across different agricultural farms and cattle farms, the forage seeds market is expected to witness growth throughout the forecast period Along with this, rise in the number of poultry birds and cattle is also foreseen to strengthen the demand for forage feed globally.

The global forage seed market is expected to witness substantial growth during the forecast period. The forage seed market is primarily driven by growing demand for forage feed that is used to feed livestock. In addition, increasing global meat consumption and economic benefits derived from cultivation of forage seed have led to the further rise in demand for forage seeds globally. Apart from this, rising demand for organic meat in order to maintain a healthy lifestyle has been creating future growth opportunities for the forage seed market.

Forages are the edible parts of plants eaten by livestock, and used for feeding grazing animals. Forage feed manufacturers use legumes and grass seeds to plant pastures and hayfields. The major stakeholders across the supply chain of the forage seed market are plant breeders, seed growers and conditioners, seed distributors, seed retailers and finally farmers.

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This report covers drivers, restraints and opportunities that are driving each segment and respective sub-segments of the market, and offers analysis and insights about the potential of the forage seed market in specific regions. Geographically, North America held the key market share of the forage seed market in 2013, accounting for 33.5% market share in terms of revenue. Market growth in this region is attributed to the increasing demand for weed-free forage products, fuelled by the expanding livestock population. Agricultural and livestock farmers are focusing on the use of good forage crops for feeding livestock. Therefore, demand for forage seeds is increasing in view of cultivating forage crops to meet the consumer needs in North America. In 2013, Europe held second largest market share followed by Asia Pacific and Rest of the World.

Growing human population, increasing disposable income and urbanisation are playing an important role in increasing the demand for poultry meat and dairy products in Asia Pacific. Furthermore, the economic benefits, such as crop rotation and risk diversification, of forage seed cultivation are also expected to boost the growth of the forage seed market in Asia Pacific. The forage seed market in Asia Pacific was valued at 511,900 kilo tonnes in 2013 and is expected to expand at a CAGR of 10.3% during 2014-2020.

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Key Players

Key vendors identified across the value chain of the global forage seed market include: Allied Seed, LLC, BASF SE, Dow AgroSciences LLC, S & W Seed Company, Germinal GB, Hancock Farm & Seed Co. Inc., Central Garden & Pet Company, Northstar Seed Ltd, and Heritage Seed Company. These companies are involved in producing chicory seeds, turf grass seed, fescue, timothy grass and ryegrass among others.

In 2013, of these, Allied Seed, LLC was the leading player in the forage seed market as it comprises a strong distribution channel and offers all the major forage seeds related products.

Key Segments Covered

Forage seed Market
- By Product Segment
  - Alfalfa
  - Clover
  - Ryegrass
  - Chicory
  - Others
- By Livestock Type
  - Poultry
  - Cattle
  - Pork/Swine
  - Others

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Table Of Content

1 Introduction

1.1 Report description

1.2 Research scope

1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview

3.1 Introduction

3.2 Supply chain analysis

3.3 Market drivers

3.3.1 Replacement of by products reducing the feeding cost

3.3.2 Changing food habits and rising meat consumption

3.3.3 Economic benefits of forage seed

3.4 Market restraints

3.4.1 Rising demand for substitutes

3.5 Market opportunities

3.5.1 Increasing demand for organic products

3.6 Market attractiveness by type

3.7 Major players

Chapter 4 Global Forage Seed Market Analysis, by Product Type

Chapter 5 Global Forage Seed Market Analysis, by Livestock Type

Chapter 6 Global Forage Seed Market Analysis and Forecast, by Geography

Chapter 7 Company Profiles

US NFC Lemon Juice Market Registering A Healthy Growth At 6.8% CAGR During The Forecast Period 2021-2031

FMI The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031).

Lemon juice is one of the most widely consumed juices in the U.S. As consumers are becoming increasingly health conscious, consumption of healthy fruit drinks have surged in the U.S. With rising prevalence of lifestyle disorders such as obesity and others, consumers have become increasingly receptive and inclined toward plant-based products, such as juices and other plant-based beverages.

Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. With the trend of clean label solutions and veganism making deeper inroad in the U.S., NFC lemon juice manufacturers are encouraged to introduce sustainable and 100% natural products to expand their customer base.

Plant-based products contribute to healthy eating habits, and provide more nutritional value, vitamins, minerals, and healthy fats as compared to animal-derived alternatives. Hence, Future Market Insights predicts, the market growth outlook will remain optimistic, expanding at a robust pace of 6.8%CAGR between 2021 and 2031.

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To meet the growing customer demand for nutritional and sustainable foods, manufacturers are designing goods with natural ingredient compositions and minimal processing. They are also offering convenience and on-the-go foods with a healthy twist to fulfil the millennial palate.

“NFC lemon juice manufacturers are consistently introducing new products that are more innovative in terms of ingredients and flavours. On the backdrop of growing demand for organic and plant-based beverages, NFC lemon juice is being developed without sacrificing taste, flavour, texture, or nutritional value. This is expected to create lucrative growth opportunities across the U.K. and the U.S.” says a lead analyst at FMI.

Consumers are demanding products free-form allergens and other unnatural forms of preservatives. Free-form ties in with clean labeling – where labels such as “free from”, “minimally processed”, “gluten free”, “organic”, and non-GMO” are the first checkpoints in a consumer purchase decision.

COVID-19 Impacted the NFC Lemon Juice Market

Unprecedented outbreak of COVID-19 across the globe improved the sales of NFC lemon juice. With the advent of the pandemic, purchasing patterns of consumers evolved. To reduce the spread of the diseases, consumers are relying on e-commerce platforms and delivery platforms for the purchase.

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Key Takeaways from the US NFC Lemon Juice Market Study:

U.S NFC lemon juice market is estimated to reach US$ 297.4 Mn in the year 2021 , expanding at 6.8% CAGR over forecast period.
Conventional segment accounted for significant share of 85.3% in U.S. NFC lemon juice market.
Organic segment is expected to grow with a CAGR of 8.9% over the forecast period. Growth is attributed to rising preference of organic fruits and vegetables juices are over conventional ones.
On the basis of distribution channel, B2C segment accounted for significant share of 57.9% in U.S NFC lemon juice market in 2021.

Competitive Landscape

Players in the US NFC lemon juice business are banking on rising demand for beauty products in the U.K. Ever-increasing demand for natural personal care products and cosmetics is likely to result in large increases in sales of lemon juice utilized in these products.

Some of the leading companies offering NFC lemon juice are LemonConcentrate S.L., Dream Foods International, LLC, Baor Products S.L., Bevolution Group, Argenti Lemon S.A, Citrus World Inc., Prodalim Group, Citrusvil S.A., Louis Dreyfus Company, Dohler GmbH, and Others.

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NFC Lemon Juice Market by Category

By Nature:

Organic
Conventional

By Distribution Channel:

B2B
B2C
- Modern Grocery Retailer
  - Hypermarkets/Supermarkets
  - Convenience Stores
  - Specialty Stores
  - Groceries
  - Whole Sales
  - Others
- Online Retail

By Application:

Food
- Dairy and Frozen Products
- Bakery and Confectionery
- Jam, Jellies and Preserves
- Others (Fast Food, Sizzler, etc)
Beverages
- Juice
- Soft Drinks
- Squash
- Cider
- Others (Mocktails, Syrups, etc)
- Cosmetics
- Pharmaceuticals
- Flavours
- Others (Decorative, For Artificial Ripening, etc)

Food Preservatives Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2020

FMI Future Market Insights (FMI) delivers key insights on the global food preservatives market in its latest report titled “Food Preservatives Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020”. The global food preservatives market is anticipated to expand at a CAGR of 3.5% in terms of value during the forecast period due to various factors, regarding which FMI offers fundamental insights in detail in this report.The food preservatives market has grown significantly over the past few years. Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic foods are some of the other factors contributing towards the market growth.

High demand for processed food and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is the fastest growing segment of the global food preservatives market. Presently, healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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Market Value and Forecast

The global food preservatives market is anticipated to expand at a high CAGR in terms of value during the forecast period. Rise in the number of food borne diseases is driving the growth of the food preservatives market as preservatives are needed to maintain the overall quality of the food products and to increase their shelf life.

Being perishable, food items need to be stored by adding preservatives, which reduce the chance of bacterial and microbial growth. Increase in food borne diseases, such as diarrhea, stomach flu, vomiting, abdominal pain, and botulism, among others, is driving the growth of food preservatives currently.

Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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Key Players

Key vendors identified across the value chain of the global food preservatives market include: BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. The companies are focusing on developing new products and improving the quality of their existing products through research and development activities. Besides, these companies are focusing on geographical expansion in order to gain a competitive advantage.

Key Segments Covered

Food Preservatives Market
- By Product Segment
  - Natural
  - Synthetic
- By Function Segment
  - Antimicrobial
  - Antioxidants
  - Others
- By Application
  - Dairy and milk products
  - Meat, poultry and sea food products
  - Bakery products
  - Beverages products
  - Others

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Table Of Content

1 Introduction

1.1 Report Description

1.2 Market segmentation

1.2.1 Food preservatives market segmentation, type and geography

1.3 Research scope

1.4 Research Methodology

2 Executive Summary

2.1 Global food preservatives market revenue, 2013 – 2020 (USD Million)

2.2 Global Food Preservatives Market Snapshot

3 Food Preservatives Market – Industry Analysis

4 Food Preservatives Market- Product Segment Analysis

4.1 Global food preservative market, by product type: Overview

4.2 Natural

4.3 Synthetic

5 Food Preservatives Market – Function Segment Analysis, 2013-2020

5.1 Global food preservative market, function segment: Overview

5.2 Antimicrobial

5.3 Antioxidants

5.4 Others

6 Food Preservatives Market- Application Analysis, 2013 – 2020

Antioxidants Market expected to reach US$ 3,111.5 Mn by 2020 while expanding at a CAGR of 5.6% between 2014 and 2020

FMI The market for antioxidants witnessed massive slowdown in its progress as a result of the spread of Covid-19 pandemic across the globe. But in the post covid world, with the changing consumer habits, there is an increasing inclination towards consumption and application of vitamin supplements and effective preservation food products has been gradually improving the performance of antioxidants market. As recovery commences in 2021, major players are recuperating their positions through production expansion, capacity utilizations and online selling in 2021 keeping in view the covid-19 norms.

Health benefits of consuming antioxidants have been witnessing an uptick in terms of awareness of consumers towards them. With every passing year, more consumers are being informed about the benefits of consuming antioxidants through food and beverages. Changing diet patterns of consumers and a significant rise in global meat consumption has further surged the demand for antioxidants. Some of the key advantages of consuming antioxidants include:

Counteracting the effects of free radicals produced naturally in our bodies
Different antioxidants can benefit different parts of the body; from eyes and heart to prostate and urinary tract
Protecting skin from photo-oxidation of UV rays
Supporting the immunity system by protecting cellular DNA and cell membranes from mutation

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An exclusive research study by Future Market Insights projects that factors as such are observed to be the key drivers for the growth of the global antioxidants market. Their health benefits will drive their demand in the assessment period, 2014-2020, as the report projects a steady expansion of the global antioxidants market through 2020. During this forecast period, the report expects that increasing intake of antioxidants in optimizing one’s health and improving memory abilities will also serve as a proponent in driving the sales of products containing antioxidants.

Antioxidants Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 3

Key Companies in the Global Antioxidants Market

According to the report, companies namely, Aland (Jiangsu) Nutraceutical Co., Ltd., Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreco N.V., and Vitablend Nederland B.V. are observed to remain active in the expansion of the global antioxidants market through 2020. A majority of these producers will be striving the balance the negative effects of antioxidants consumption by boosting the health-benefitting properties of their products.

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Recent Trends in Food Applications of Antioxidants

Key trends that will be influencing the use of antioxidants in the food and beverage industry have been analyzed in the report. They include:

Scientific developments in antioxidant action on lipids
Use of antioxidants as an antimicrobial agent
Hormone research studies proving the key role of antioxidants in protecting the membranes of tissues and cells
Growing use of emulsified oils in production of food products
Rising adoption of in-situ extraction
Increasing consumption of uncomminuted food such as roasted beef
Surging demand for pre-cooked frozen fast foods and freeze-dried foods, among others

Global Antioxidants Market: Segmental Analysis and Regional Insights

The report projects that the demand for antioxidants will be greatly influenced by the changing undercurrents of the food and beverage industry. An extensive value chain analysis and opportunities assessment has been provided in the report to extend the reader’s knowledge on untapped growth potential of the global antioxidants market.

The global market for antioxidants has been segmented on the basis of type of antioxidants and region. With respect to the product-type, the demand for natural antioxidants over synthetic antioxidants is anticipated to remain significantly high through 2020. The report also projects that natural antioxidants will register the fastest revenue growth throughout the forecast period. On the basis of geographies, the global antioxidants market has been further segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. Among these, North America is anticipated to represent the largest market for antioxidants. Robust growth in food & beverage industry, coupled with high meat consumption, will be driving the demand for antioxidants in the US and Canada. The APAC antioxidants market is also anticipated to remain lucrative for manufacturers through 2020.

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Key Players: Antioxidants Market

Key manufacturers identified in the global antioxidants market include Aland (Jiagsu) Nutraceutical Co. Ltd, Archer-Daniels Midland Company, BASF SE, Cargill Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreo N.V. and Vitablend Nederland B.V. In order to sustain their market share in the antioxidants market, manufacturers have been entering into various mergers and acquisitions as well as following the strategy of geographic expansion, especially in Asian countries like China, India and other Southeast Asian countries.

Key Segments Covered: Antioxidants Market

By Product Segment

Natural Antioxidants
- Rosemary extracts
- Vitamin A
- Vitamin C
- Vitamin E
Synthetic Antioxidants
- Butylated hydroxyanisole
- Butylated hydroxytoluene
- Others

Cassia Gum Market expected to expand at a CAGR of 6.5%, accounting for US$ 18.9 Mn by 2025

FMI According to the latest market report published by Future Market Insights (FMI) titled “Cassia Gum Market: Global Industry Analysis and Opportunity Assessment 2015-2025”, the cassia gum market was valued at US$ 10.1 Mn in 2015. It is expected to expand at a CAGR of 6.5% from 2015 to 2025, accounting for US$ 18.9 Mn by 2025.

The global cassia gum market is anticipated to expand at a moderate CAGR during the forecast period. Till now cassia gum was preferred to be used as an alternative to gaur gum because of limited awareness and limited research and development activities. However with regulations approvals in various regions around the world and innovations in cassia gum formulations in dairy & confectionery products and pet food, cassia gum is expected to experience an upward trend during the forecast period.

The global cassia gum market is valued at US$ 10.1 Mn in 2015. Companies are increasingly introducing Cassia in their new products, particularly in baby food, dairy and confectionery products such as chocolates, jellies, biscuits. Effective guidelines & standards are crucial across the cassia gum supply chain both for suppliers as well as international buyers. In countries such as India and China; which are the major producer and supplier of cassia gum, there is a near total absence of cassia gum specific rules and standards addressing both production and processing phase.

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The report provides detailed information about various trends driving each segment and offers insights and analysis about market trends in specific regions. The report also includes key market regulations regarding the application of cassia gum in aforementioned food & beverage and manufacturing industry applications. On the basis of region, the market is segmented into seven regions. North America is expected to dominate the market with 29.1% share by the end of 2015. APEJ and Western Europe markets are collectively estimated to account for 34.8% of the total cassia gum market value.

The report also delivers global cassia gum market opportunities, future outlook, trends, BPS analysis, market attractiveness analysis and competitive landscape of the key players in the cassia gum market. The key players in the report have been profiled on the basis of company overview, financials, operating segment share, product and service offerings and key developments.

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Competitive Landscape

Key players in the global cassia gum market include Agro Gums, Amba Gums & Feed Products, Avlast Hydrocolloids, Altrafine Gums, Premchem Gums Pvt. Ltd., Dwarkesh Industries, H.B. Gum Industries Private Limited, Fooding Group Limited, J D Gums and Chemicals.

Key Segment

By Application

Food and Beverages
Animal Food
Dog Food
Cat Food
Animal Feed
Dairy and Confectionary Products
Meat Products
Instant Mix
Manufacturing Segment
Cosmetics
Pharmaceuticals
Paper Industry
Textile Industry
Chemical Processing
Others

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Table of Content

1. Research Methodology

2. Assumptions and Acronyms Used

3. Executive Summary

4. Market Overview

4.1. Introduction

4.1.1. Market Definition

4.1.2. Industry Lifecycle

4.1.3. Regulations – Global Overview

4.1.4. Cassia Gum Permissible Limits – By Application

4.1.5. Market Taxonomy

4.2. Macro-economic Indicators

4.2.1. Global Dairy Ingredients Market

4.2.2. Global Confectionary Market

4.2.3. Global Pet Food Market

4.3. Cassia Gum – Different Identification Numbers

4.4. Cassia Gum – Value Chain

4.5. Cassia Gum – Global Demand Supply Scenario

4.6. Market Dynamics

4.6.1. Drivers

4.6.2. Restraints

4.7. Cassia Gum – Global Pricing Analysis

4.8. Global Cassia Gum Market Forecast

4.8.1. Market Size (Thousand US$) Forecast

4.8.2. Market Volume (Tonnes) Forecast

4.8.3. Absolute $ Opportunity

5. Global Cassia Gum Market By Application

6. Global Cassia Gum Market Analysis By Region