Fresh Figs Market Research Report | Industry Analysis, Share, Growth, Trend and Top Key Players –

According to a recent market study by Future Market Insights (FMI), the fresh figs market surpassed US$ 1.4 billion in 2022 and will reportedly grow at a healthy CAGR of 5.3% between 2022 and 2032. Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs are native to the Mediterranean region, although they are currently farmed all over the world.

The FMI study finds that fresh figs are gaining popularity worldwide, especially in the regions of North America and Europe, due to the increasing health-conscious population. Growing applications of fresh figs in food processing as well as in the foodservice industry has increased due to their high nutritional composition and natural sweetness. 

Fresh Figs to Replace Sugar as a Natural Sweetener, Expanding the Scope of Applications 

Fresh figs have long been touted for their health benefits, and have been used in various culinary recipes. The fruit is packed with various nutrients and fibers, plus, it has a significant amount of natural sugar. The health-conscious population has been significant increasing, globally, and processed food manufacturers want to cater to the demand from this particular population.

Health-conscious population across the world is seeking alternatives that are economical as well as high in nutrition. Fresh figs serve this purpose, and thus, their use in the food and beverage industry as a natural sweetener has increased.

Though transportation and storage of fresh figs is an issue, but manufacturers are using alternatives such as preparing marmalades and concentrates of fresh figs so that there is increased shelf life and easy and cost-saving transport.

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Consumer Demand for Exotic Flavors in Food Products to Bolster Sales

Exotic flavours are trending and enjoying increased demand in the food and beverage sector. Innovative and exotic food flavours are experiencing great demand in various products such as ice creams, yogurts, snacks, etc. Fresh figs have an exotic taste and sweet aroma that is not favoured by everyone consuming them. But their incorporation in products such as ice creams, yogurts, etc., brings out a sweet taste, which is preferred by consumers in the countries in North America and Europe. Thus, the consumer base is developing a sweet tooth for products containing fresh figs as an ingredient and as an exotic flavor.

Moreover, less sweet varieties of fresh figs, such as the Kadota variety, are being used in salads because their sweet flavour is experienced when the food product they are added to has a slightly salty flavour. Various varieties of fresh figs are available in the market that can be used in specific applications to experience the exotic taste that foodservice providers around the world are experimenting with and desire.

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Mediterranean-grown Fresh Figs Witnessing Incremental Demand in Developing Countries

Fresh figs are most prevalent in the Mediterranean region that produces the highest amount of fresh figs in the world. Mediterranean grown fresh figs are also in high demand due to the significant amount of vitamins, amino acids, and antioxidants that they contain.

Also, the quality and taste of the fresh figs grown in this region are highly favoured as compared to the fresh figs that are grown in other regions. This has resulted in the growers in the Mediterranean region increasing their capacity and adapting to the organic farming methods to obtain high yield and greater value.

Demand is mostly from Asian countries that do not produce figs in abundant quantities. The preference of the variety of fresh figs in this region is for the produce from countries in the Mediterranean region such as Turkey, Iran, etc.

Fresh Figs Market: Segmentation

Analysis by Nature

  • Organic
  • Conventional

Analysis by Variety

  • Smyrna Figs
  • Black Figs
  • Sari Lop Figs
  • Mission Figs
  • Kadota Figs
  • Others

Analysis by Sales Channel

  • Modern Trade
  • Specialty Stores
  • e-Retailers
  • Grocery Stores
  • Wholesale Stores
  • Industrial
  • Foodservice/HoReCa

Analysis by Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • Rest of Asia Pacific
  • Middle East and Africa

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

According to a recent study of Future Market Insights (FMI), global sales of calcium sulphate surpassed 285 thousand tons in 2018, and will record a 3.5% Y-o-Y growth in 2019. The study estimates construction industry to account for over 75% of overall calcium sulphate sales in 2019. While calcium sulphate has traditionally witnessed substantial adoption in the construction sector, there has been a significant increase in demand for calcium sulphate in paints & coatings, and industrial wastewater treatment applications in the recent past.

Steady growth prospects have been estimated for hydrated calcium sulphate sales in 2019, in contrary to anhydrous calcium sulphate. . This can be attributed to robust adoption of hydrated calcium sulphate in various construction applications, including coloring pigments and quick drying PoP. Sales of hydrated calcium sulphate will be 4X more than their anhydrous counterparts in 2019, according to FMI study. Continued adoption as a supplement in the food & beverage industry, as fillers and coating agents in paper industry, continue to remain other leading demand determinants of hydrated calcium sulphate.

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Growth Confined by Rising Availability of Economic & More Effective Alternatives

Growing availability of effective and economically feasible alternatives, such as aluminum sulphate and calcium chloride, continue to remain key concerns for players operating in the calcium sulphate market. Leading players in the market have already shifted their preference toward calcium sulphate substitutes, in light of their greater efficacy and convenience in manufacturing.

Regulatory standards imposed on calcium sulphate by the Environmental Protection Agency (EPA), and National Institute for Occupational Safety and Health’s (NIOSH), have significantly driven adoption of calcium sulphate alternatives. Additionally, better functionalities and performance outcomes apropos of using calcium chloride in construction applications, and aluminium sulphate in pharmaceutical and personal care product formulations, continues to pose a negative influence on sales of calcium sulphate worldwide.

Application of calcium sulphate in topsoil layer for improved crop yield has traditionally been a common practice among farmers worldwide. However, regulatory hurdles regarding use of gypsum, composed of calcium sulphate, have been arresting adoption of calcium sulphate in the agricultural industry. Additionally, reuse and recycling of calcium sulphate by-products has emerged as a popular trend in recent years, which in turn will impede demand for calcium sulphate in the near future. .

Leaders in calcium sulphate market such as Solvay S.A., Honeywell International Inc., and USG Corporation are currently focusing on investments in the development of low-cost sustainable gypsum boards, in line with the rise of green building initiatives that necessitate adoption of eco-friendly construction materials.

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Market Segmentation

By Product Form

  • Anhydrous
  • Hydrated

By Grade

  • Technical Grade
  • Food & Pharma Grade

By Function

  • Coagulant
  • Thickening Agent
  • Excipient
  • Desiccant
  • Additive
  • Intermediate

By End-use

  • Construction
  • Agrochemicals
  • Food & Beverages
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Paints & Coatings
  • Paper

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • China
  • Middle East & Africa

Veterinary Ultrasound Scanners Market reach a valuation of US$ 240 Million by the end of 2028

[247 Pages Report] Veterinary ultrasound scanners are diagnosis imaging devices using high-frequency ultrasound waves to examine conditions such as pregnancy scan, distal limb exams, and abdominal scans, in animals.

Veterinary ultrasound scanners can help to diagnose problems with soft tissues, muscles, blood vessels, tendons, and joints. In the wake of growing adoption of pets, rising expenditure on pet healthcare, prevalence of zoonotic diseases, and animal healthcare insurance, the global veterinary ultrasound scanners market is in for a positive growth, in terms of revenue, according to a new report by Future Market Insights. The global veterinary ultrasound market is estimated to be valued at US$ 239.6 Mn by 2028, expanding at a moderate 4.2% CAGR over the forecast period of 2022-2028.

North America to Dominate Global Veterinary Ultrasound Scanner Market; Western Europe to Follow, APECJ to Present Lucrative Opportunities

Increasing pet adoption and vet care expenditure will boost the veterinary ultrasound market in North America. Western Europe is pegged to be the second largest market for veterinary ultrasound scanners owing to increasing occurrence of zoonotic diseases and livestock screening for food safety attributable to increased meat consumption. On the other hand, public and private funding along with support programs for vet care will open positive investment prospects for manufacturers of veterinary ultrasound scanners in Asia Pacific excluding China and Japan.

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veterinary ultrasound scanners market

Veterinary Ultrasound Scanners to find Increased Adoption for Zoonosis and Pre-Natal Diagnosis

Owing to increased international travelling and animal transportation has led to an increase in the number of zoonotic cases- infectious diseases that are spread between humans and animals. Since zoonosis can be severe resulting in death of human beings, the Centers for Disease Control and Prevention (CDC) is always tracking and reporting such cases. . The major pathogens and diseases associated with zoonotic are anthrax, brucellosis, Chagas disease, Type A influenza, Ebola hemorrhagic fever, Rift Valley fever, severe acute respiratory syndrome (SARS) among others. Vector borne zoonosis coupled with direct and indirect contact of human beings with infected animals increased the chances of contracting zoonotic diseases, in turn, pushing the adoption of veterinary ultrasound scanners.

Governments and vet healthcare organizations are taking initiatives to spread awareness apropos of zoonotic diseases and other travel-acquired diseases. CDC has collaborated with several countries and their human and animal health organizations to conduct ‘One Health Zoonotic Disease Prioritization Workshops’ in a bid to reduce travel-related zoonosis. Moreover, pet owners and animal breeders have increased routine screening and veterinary diagnosis as a prevention method—using imaging devices such as veterinary ultrasound scanners, thereby, positively impacting the overall market growth.

Moreover, since per capita meat and dairy consumption has increased, globally, animal breeders are under immense focus to provide good quality livestock products. For which, regular checking and monitoring of animals is paramount, favoring the growth of the global veterinary ultrasound scanner market during the forecast period.

Animal breeders are adopting ultrasound scanners to assess reproductive scenarios such as early pregnancy diagnosis, multiple pregnancies, and fetal sex determination. Fetal sex determination in equinox and livestock animals allows breeders to replacement cycle of animals and determine the sale value of a breed. However, since the ultrasound scanners used for humans and animals is the same and scanners have to be registered under the PNDT Act 1994, stringent Government regulations makes determination of fetal gender difficult in countries like China and India, hampering the growth of the veterinary ultrasound scanners market in these regions.

“Companies are introducing technologically advanced ultrasound scanners for animals that can be paired with Android and iOS devices. Lightweight and portable ultrasound scanners are also making its way in the global market that can be used for a number of species and applications”- Healthcare Industry Analyst, Future Market Insights

Competitive Landscape Insights: Expansion, M&A Strategies to Define Market Growth Roadmap

Key players in the global veterinary ultrasound scanners market include Samsung Medison, IMV Technologies, Mindray, Hitachi, Siemens Healthineers, and Canon Medical Systems. Top manufacturers are likely to focus on strategic alliances and mergers and acquisitions to strengthen their product portfolio and increase scope for market expansion, thereby, creating opportunities for the players in veterinary ultrasound market in the untapped regions. Establishment of subsidiaries and marketing alliances would offer geographical expansion prospects to the top players.

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Key Segments of Veterinary Ultrasound Scanners Industry Survey

Veterinary Ultrasound Scanners Market by Product Type:

  • Portable/Hand Held Ultrasound Scanners
  • Cart Based Ultrasound Scanners

Veterinary Ultrasound Scanners Market by Imaging Technology:

  • Digital Imaging Technology in Veterinary Ultrasound Scanners
  • Analog Imaging Technology in Veterinary Ultrasound Scanners
  • Contrast Imaging Technology in Veterinary Ultrasound Scanners

Veterinary Ultrasound Scanners Market by End User:

  • Veterinary Ultrasound Scanners in Veterinary Hospitals
  • Veterinary Ultrasound Scanners in Veterinary Clinics
  • Veterinary Ultrasound Scanners in Animal Breeding and Farms

Veterinary Ultrasound Scanners Market by Region:

  • North America Veterinary Ultrasound Scanners Market
  • Latin America Veterinary Ultrasound Scanners Market
  • Europe Veterinary Ultrasound Scanners Market
  • East Asia Veterinary Ultrasound Scanners Market
  • South Asia & Pacific Veterinary Ultrasound Scanners Market
  • Middle East & Africa (MEA) Veterinary Ultrasound Scanners Market

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Non-Dairy Creamer Market Exhibits a Stunning Growth Potentials

One of the key reasons behind the growing demand for non-dairy creamer is its longer shelf life. Non-dairy creamer is manufactured by using vegetable oils or plant-based milk, which is then packaged in the liquid form after concentrating it or spray-drying to get a powder form. Future Market Insights (FMI) in a new study has forecast the non-dairy creamer market to reach US$ 2.56 Bn by 2021. Near-term growth projection for the market remains positive, especially as consumers increasingly shift towards a healthy lifestyle.

The powdered form of non-dairy creamer has the highest shelf life, thus it has been witnessing high demand in the market. This long shelf life of the non-dairy creamer is positively affecting the purchasing choice of the consumers as well as retailer. Against this backdrop, FMI projects the segment comprising powdered non-dairy creamer to exhibit 6.4% CAGR through 2031.

Key Takeaways from Non-Dairy Creamer Market

  • The non-dairy creamer market will continue expanding at a positive pace. FMI has projected it to register 5.8% Y-o-Y growth in 2021
  • The demand from the U.S. will remain significantly high with the country accounting for over 66% of the non-dairy creamer market in North America in 2021
  • The U.K. too will emerge as a key market, registering 5% Y-o-Y growth in 2021
  • France and Germany will emerge as other attractive markets for non-dairy creamer in Europe
  • In East Asia, both Japan and South Korea will continue exhibiting high demand through the forecast period

“The demand for innovative food products with high nutritional value has been increasing in the global food and beverages market. Thus, non-dairy creamer manufacturers are therefore focusing on research and development to expand their range of product offering” said a lead analyst at FMI

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Technological Advancements in the Food and Beverages Industry Will Remain Key to Growth

In recent years there has been huge technological advancements in the food and beverages industry, which has changed the dynamics of the industry in terms of trends, technology, and new developments. Technology also brought huge changes in the non-creamer market. Few years back, non-dairy creamer was just a concept that could only be imagined. But due to the advent of advanced techniques such as hydrogenation and spray drying method it was possible to produce creamer without content of milk.

Moreover, when non-dairy creamer came out its production cost was much higher but in recent years the production cost of non-dairy creamer is also reduced with some technological advancements. Thus technological advancement also plays major role in growing demand of non-dairy creamers.

Who is winning?

In response to the growing demand for non-dairy creamer several major players in the dairy-creamer market are entered into the non-dairy creamer market. Moreover several major are focusing on mergers and acquisitions to expand their footprint and product port folio

  • In 2020, Starbucks launched its non-dairy creamer in US with its alliance with Nestle S.A. These non-dairy creamers are available in two flavors – hazelnut and caramel and are made from almond milk and oat milk.
  • In 2019, Natural Bliss expanded its product portfolio with introduction of new non-dairy creamers options.

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Non-Dairy Creamer Market By Category

Form

  • Powder
  • Liquid

Nature

  • Organic
  • Conventional

Flavour

  • Original/Unflavoured
  • French Vanilla
  • Chocolate
  • Coconut
  • Hazelnut
  • Other Flavours

Type

  • Original
  • Light
  • Fat-free

Base

  • Plant-based Milk
    • Almond
    • Coconut
    • Others (Soy, Hemp,  Cashew)
  • Vegetable Oil

End Use

  • HoReCa/Foodservice
  • Food and Beverage Processing
    • Food Premixes
    • Soups and Sauces
    • Beverage Mixes
      • Coffee Mixes
      • Tea Mixes
    • Bakery Products and Ice Creams
    • RTD Beverages
    • Infant Food
    • Prepared and Packaged Food
  • Household/Retail

Packaging

  • Retail
    • Sachets
    • Bags
    • Pouches
    • Canisters
    • Bottles
    • Plastic Jars
  • Bulk

Distribution Channel

  • Direct
  • Indirect
    • Hypermarkets/ Supermarkets
    • Modern Grocery Stores
    • Specialty Stores
    • Online Retail

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Powdered Soft Drinks Market Anticipated to Grow at a Significant Pace by 2032

Over 3 thousand billion tons of powdered soft drinks were consumed in 2021, equaling a market value of US$ 10.6 billion. FMI’s new study reveals that consumption of powdered soft drinks is projected to grow at a subdued 2.3% y-o-y in 2022. Key factors identified in the FMI study can have a prominent influence on the overall growth of the powdered soft drinks market.

  • Waning popularity of powdered soft drinks on the back of increasing demand for RTD beverages
  • Overall soft drink consumption is hit by growing natural label demand and increasing health consciousness
  • Continued popularity of powdered beverages in generation X and millennials supports the dwindling sales of powdered soft drinks

“Soft drinks consumption continued to dwindle in the past half a decade with evolving consumer demand trends such as nourishment, low or no-sugar, natural, clean label and sustainability. Despite their unique space in the beverage industry, popularity of powdered soft drinks declined in parallel to the meteoric rise in innovations and new flavors of other types of soft drinks. Traditional popularity combined with steady flavor innovations are likely to sustain powdered soft drinks sales with a projected 2.8% annual growth in revenues in 2019,” says FMI.

Orange Flavored Powdered Soft Drinks Top Selling

Orange remains the most popular flavor among a plethora of fruit flavors offered by beverage manufacturers. The FMI study finds that consumption of orange flavored powdered soft drinks is expected to surpass 1065 billion tons in 2022 and account for over 31% of all the powdered soft drinks market consumption.

Despite the introduction of multiple variants to stand-out in the market competition, orange followed by apple continues to capture consumer traction owing to their traditional popularity among consumers. Apple is the second most highly liked flavor in beverages and held nearly 20% of all the powdered soft drinks consumption in 2021.

With the evolving palate of consumers for different flavors, FMI study finds that collectively apple, mango and berry will grow at over 3% y-o-y in 2022 and account for over one-third share of total consumption.

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Sales in Household Application Highest

The study reveals that powdered soft drinks’ huge demand continued in the household application in the past decade. In 2022, sales in the household application will account for over 85% of all powdered soft drinks sales globally. Powdered beverages witnessed significant penetration in household application due to affordability combined with taste.

While the sales in household application continue to grow steadily, FMI shows that purchase of powdered soft drinks among institutional buyers will witness a steady rise with a 3.4% annual growth projected in 2022.

Distribution through Mass Grocery Retailers Significant

Over 38% of all the powdered soft drinks sold in 2021 were through mass grocery retailers. Owing to the affordable prices provided by these retailers, mass grocery retailers remain the prime choice of consumers for grocery purchase. Similar trend follows in powdered soft drinks market wherein consumer purchase of powdered beverages through mass grocery retailers continue to rise.

According to the study, distribution of powdered soft drinks through hypermarket/supermarket and discount stores remains second highest wherein collectively they accounted for 45% of the total powdered soft drinks consumption in 2021.

Pouches and Sachets of Powdered Soft Drinks Highly Preferred Packaging Solutions

FMI thoroughly studied consumer preference for different packaging solutions of powdered soft drinks available in the market. The study shows that pouches and sachets are highly preferred packaging solutions for powdered soft drinks among consumers. Over 86% of the powdered soft drinks sold were packaged in pouches and sachets in 2021. While the status-quo is expected to continue in the future, the FMI study finds that consumption of powdered soft drinks in bulk packaging is expected to at 3.8% annual rate in 2022.

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Europe Leads Consumption, APEC Consumers Grow Rapidly

As per FMI regional valuation, Europe accounted for nearly one fourth of the powdered soft drinks consumer in 2021. North America is the second largest consumer of powdered soft drinks. While the status-quo is expected to continue in 2022, the study reveals that APEC will outsell these prominent consumers beyond 2022. Developing economies in APEC and MEA are likely to witness increasing consumption of powdered soft drinks with the expanding middle class that prefers affordable products in their purchase.

The FMI report tracks the powdered soft drinks market for the period 2022-2027. According to the report, the powdered soft drinks market is projected to grow at 2.6% volume CAGR through 2027.

Global Powdered Soft Drinks Market:Segmentation

Analysis by Flavour:

  • Cola
  • Orange
  • Lemon
  • Mango
  • Apple
  • Berry
  • Mixed Fruit
  • Others

Analysis by End Use:

  • Institutional
  • Foodservice/HoReCa
  • Household (Retail)

Analysis by Sales Channel:

  • Hypermarkets/Supermarkets
  • Discount Stores
  • Mass Grocery Retailers
  • Wholesale Club Stores
  • Foodservice
  • Others

Analysis by Packaging:

  • Carton Boxes
  • Pouches & Sachets
  • Cans
  • Bulk Packaging

Analysis by Region:

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

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.

Beverage Acidulants Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022-2032

Beverage acidulants consumption reached nearly 1.8 billion tons in 2021, equaling the market revenues worth US$ 1.9 billion. A new FMI study finds that beverage acidulants consumption is expected to grow at 4% y-o-y in 2022. Key factors responsible for the projected growth of the beverage acidulants market include,

  • Increasing demand for natural additives in the foods and beverage industry
  • Buoyancy in the beverage processing industry to meet rising consumer demand for processed beverages
  • Growing emphasis on achieving longer shelf life through optimum acidification of beverage products
  • Stringent regulations regarding product labels and inclusion of additives in the ingredients list

The study finds that over 64% of all the beverage acidulants consumed were synthetic in nature in 2021. Increasing emphasis shelf life of beverage products combined with the precise concentration required to be added in commercial formulations in the beverage processing industry can be attributed to considerable demand for synthetic beverage acidulants across the beverage industry.

According to the FMI study, demand for organic beverage acidulants is expected to rise steadily in the coming years. The ongoing ‘organic trend’ and ethical consumerism is likely to support increasing consumption of organic beverage acidulants in the coming years.

Citric Acid Remains First Preference of End-Users

The FMI study finds that citric acid remains the most popular beverage acidulant. Over 38% of the global beverage acidulant consumption was held by citric acid in 2021. Citric acid is highly consumed in the beverage industry for its two primary features, as a flavor enhancer and as a preservative. Traditionally derived from citrus fruits, citric acid is commercially produced through the fermentation process.

Phosphoric acid is the second most commonly used acidulant in the beverage industry. In particular, phosphoric acid is used in the production of soft drinks including colas wherein biting harsh taste of phosphoric acid balances the sweetness of a drink. Volume sales of phosphoric acid are likely to grow at 4% in 2022 over 2021, as per FMI valuation.

Acetic acid, fumaric acid and lactic acid are other highly used beverage acidulants whose application in the beverage industry is growing at a rapid pace. Fumaric acid application in the beverage industry is expected to grow at over 5% y-o-y in 2022.

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Powdered Beverage Acidulant Highly Preferred among End-Users

Among different forms of beverage acidulants available in the beverage processing industry, powdered forms of beverage acidulants are highly consumed. The study finds that over 1.2 billion tons of powdered beverage acidulants will be sold in 2022, accounting for nearly two-third of all forms of beverage acidulants consumed. Citric acid, the first choice to be used as an acidulant and sometimes lactic acid are consumed in powdered form in the beverage industry.

Liquid form of beverage acidulants are also used and this form held nearly 30% of the beverage acidulants consumed in 2021. Phosphoric acid, acetic acid and lactic acid are few of the example of beverage acidulants used in their liquid form in the beverage industry. According to the FMI study, consumption of granular beverage acidulants is rising at a faster pace and growth at nearly 6% is expected in 2022 over 2021.

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Fruit Juices and Concentrates Consumed 35% of the Beverage Acidulants in 2021

Beverage acidulants are heavily consumed in fruit juices and concentrates production. The FMI study reveals that 35% of the total beverage acidulants were consumed by fruit juices and concentrates in 2021.

While higher consumption in fruit juices and concentrates is likely to continue in the coming years, dairy-based beverages and alcoholic beverages are set to register increasing application of beverage acidulant wherein former is expected to grow at nearly 6% and later at 5.7% in 2022.

Beverage Acidulant Consumption in Europe Continues to Surge

The FMI study finds that Europe remains a prominent consumer of beverage acidulants wherein demand remains consolidated in the UK and Germany. While Europe held over 35% of the global beverage acidulants volume sales, Germany and the UK collectively consumed nearly two-fifth of Europe’s demand.

Buoyancy in Europe’s beverage industry in the wake of millennial’s evolving preference combined with a number of beverage industry players in the region. European soft drink industry plays a significant role in the region’s economic development wherein the industry provides a significant number of jobs throughout the value chain.

North America followed by China are other leading consumer of beverage acidulants. Collectively, these regions accounted for over 42% of the global beverage acidulants volume sales reported in 2021.

The FMI report tracks the beverage acidulants market for the period 2022-2027. According to the report, the beverage acidulants market is projected to grow at 4% volume CAGR through 2027.

Concentrated Milk Fat Market Size By Key Players, Competition Tracking, Applications & Forecast 2028

The concentrated milk fat market is expected to rise at ~5% CAGR between 2020 and 2028, as it is cheapest source of milk solids available to manufacturers apart from other base ingredients such as milk itself.

The latest technology used by several manufacturers has made it easier to produce large quantities of concentrated milk fat in no time. For example- Uelzena, a manufacturer of concentrated milk fat products, provides very special and high quality products using unique fractionalization technologies. The company is known for its customized milk fat products and innovations. It made cream filled candies with taste of nuts offering consumers mouth-watering products.

“As the demand for organic products from consumers is increasing, this will increase the demand for concentrated milk fat as the product offers various health benefits. The market for concentrated milk fat is expected to arise with a good return. Moreover, the increased shelf life and convenient storage is another property that will accelerate its market growth in the forecast period.” says the FMI analyst.

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Key Takeaways from Concentrated Milk Fat Market Study

  • High demand from end- use industries owing to its numerous benefits that includes better consistency, flavor support, plasticity, and improved elastic texture.
  • Product availability in organic nature has helped the concentrated milk fat market to increase its consumer base to a much larger extend.
  • As compared to developing regions, the sales value of the concentrated milk fat market is envisaged to be higher in countries of Europe, Australia, and New Zealand.
  • New product development, acquisitions of local players and creating awareness about the welfare and application of concentrated milk fat through marketing activities and programs are some of the key drivers assisting the growth of the market.

Product Innovation Focuses on Health and Product Functionality

The concentrated milk fat market is still at its infancy, with plenty of room for improvement. Concentrated milk fat are widely accepted over milk owing to its easy storage and convenient transportation. Owing to its easy packaging property.

  • Many existing as well as many startups are investing in the concentrated milk fat market owing to its steadily expanding market.
  • SA Corman acquired the top position in the concentrated milk fat market owing to its great innovations that have revolutionized the concentrated milk fat market and now gives butter plasticity and recovery capacity.

Moreover, concentrated milk fat prevents various life threatening diseases such as- cancer, diabetics, atherogenic and long-term affecting health issues like obesity. This is possible because of the presence of conjugated linoleic acid, which is intentionally increased by manufacturers by the alteration in cow’s diet. Also, by separating milk fat into fractions spreadability of butter, meltability of module chocolate, and texture of low-fat cheese have been increased to a better quality and standard.

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Find More Valuable Insights on Concentrated milk fat Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global concentrated milk fat market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2028. The study divulges compelling insights on the concentrated milk fat market on the basis of application (bakery & confectionery, dairy products, soups & sauces, and others), nature (organic and conventional), form (dry and liquid), and distribution channel (Direct Sales/ B2B and Indirect Sales/ B2C) across six major regions.

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.

Ready to Drink Shake Market Expectations & Growth Trends Highlighted Until 2028

The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028.

Globally, functional drinks are sought after for their high protein content and their demand is likely to rise steadily over the forecast period. A key factor resulting in increasing consumption of functional drinks is the increase in the consumer spending power, especially in developing nations. Ready-to-drink shakes which constitute a category of functional drinks are available in various flavours for retail sales in the global market. Some of these flavours are chocolate, banana, strawberry, among others. The global market of ready-to-drink shakes is analyzed on the basis of various flavours. These products are available for sale in different packaging forms, like bottles, tetra packs/cartons, and cans, which offers heightened convenience. Ready-to-drink shakes are meeting the current health and wellness demand in such a way that the drinks offer high protein amount with added specialty health ingredients.

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Key Takeaways from the Ready to Drink Shake Market Study

  • Obesity is one of the strong issues faced by countries such as the U.S., Canada, Australia, U.K., etc. Ready-to-drink shakes are consumed as a meal replacement to achieve the weight management by restricting the calorie intake.
  • Due to the increased prevalence of the diseases and subsequently rising trend of health and wellness, ready-to-drink shakes market is expected to witness positive growth over the forecast period.
  • Ready-to-drink shakes are being increasingly opted by fitness enthusiasts and athletes, since it allows avoiding the hassle of the mixing of protein powder in the liquid of choice and also the wait.
  • Although, ready-to-drink shakes promise excellent results for gym goers and fitness enthusiasts, the product is still in the introductory phase in developing economies and economies are in transition stage. Therefore, because of the premium nature of the product and its expensive price, the market penetration may get hindered in emerging countries.

“Ready-to-drink shakes market is expected to channel upwards due to the excellent marketing strategies of the key players in the global market, resulting in the positive growth in the emerging markets,” says the FMI analyst.

Easy Availability and Increasing Penetration of Manufacturers and Sellers of Ready-to-Drink Shakes to Positively Impact Growth

Due to the increase in the preference for e-commerce platforms for transaction and shopping, the market reach out of the ready-to-drink shakes is anticipated to increase in the developed and developing economies. The boom in the IT sector has led to the development of the various new and easy ways of the transactions and shopping across various domains. The food and beverage industry is also driven by the increased use of the e-commerce platforms, since consumers have top priority for convenience and ease of doing business. Likewise, e-commerce platforms have enthralled the potential buyers of ready-to-drink shakes due to the easy and increased availability of the products, even in remote areas. Ready-to-drink shakes sales across e-commerce platforms are anticipated to rise over the forecast period and likely to be one of the drivers of the market growth.

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Who is winning?

Some of the key players operating in the Ready to Drink Shake market are Nestlé S.A, Starbucks Corporation, PepsiCo Inc., Monster beverage Co., Lotte Chilsung Beverage Co., The Coca-Cola Company, The J.M Smucker Company, Bolthouse Farms, Inc., Arla Foods amba, Atkin Nutritionals Inc. and others.

  • In 2017, Nestlé acquired an Oakland-based coffee roaster and retailer, ‘Blue Bottle Coffee, Inc.’, to expand its market in the region.
  • In 2017, Nestlé expanded its ready to drink product range in Asia Pacific, majorly in India, Thailand, and Nigeria, by offering healthy on the go beverages for younger people, which included sugar reduced Nesquik and Milo Activ Go.

Get Valuable Insights into Ready to Drink Shake Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global ready-to-drink shakes market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2028. The study divulges compelling insights on the ready-to-drink shakes market on the basis of nature (organic and conventional), packaging type (bottles, tetra packs/carton, and cans), flavour (chocolate, banana, strawberry, vanilla, and others), and distribution channel (supermarket/hypermarket, online retail, specialty stores, convenience stores, and other retail format) across six major regions.

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.

Ureterorenoscopes Market Industry Analysis, Opportunities, Technology, Demand, Top Players and Growth Forecast 2029

Ureterorenoscopes Market: Drivers and Restraints

Increasing consumption of alcohols and aerated drinks, less consumption of water promotes the formation of ureteral and renal stone, thereby drives the global ureterorenoscopes market. Change in lifestyle, lack of exercise and proper diet are the major factors of urinary and kidney calculi formation, which expected to drive the ureterorenoscopes market. Moreover, growing research and development activities and increase adoption of technology by the government of most of the countries influenced the market of ureterorenoscope devices. However, due to the low skilled technical persons and high cost of ureterorenoscope devices expected to restrain the ureterorenoscopes market.

Ureterorenoscopes are the medical devices widely used for the ureteral and renal stone treatment since 1980s. Numerous studies showed that ureterorenoscopes are very efficient to treat the stones in distal ureter and less effective in the proximal ureter. These devices are found most effective stone free rate for stones bigger than 10 mm in the proximal ureter and stones up to 10 mm in size in distal ureter. Treatments using ureterorenoscopes are safe and effective for the treatment of stones. Ureterorenoscope devices minimizes the surgical trauma and meets the main principle to achieve full recovery. With a smaller working-channel caliber, application of video carts and continuous irrigation, ureterorenoscope devices gives optimal approach and a more thorough exploration to all stones throughout the ureters. The prevalence of urinary calculi appears to be increasing. Ureterorenoscope devices are necessary to diagnose or exclude urinary calculi. Certainly, using of the ureterorenoscope devices for the treatment of ureteral and renal stone will reduce the risk of radiation-associated morbidity. Ureterorenoscope devices are routinely employed to guide the surgeon during upper tract stone treatment.

Ureterorenoscopes Market: Regional Outlook

Geographically, the North America is expected to share the highest market of ureterorenoscope devices due to high prevalence of urolithiasis, high class healthcare infrastructure, high adoption rate of minimally invasive surgeries, and launch of new devices by key market players. Europe is the second largest market for the ureterorenoscope devices due to rapidly growing aging population, favorable reimbursement policies, increasing number of kidney stone treatment procedures and developing advanced medical devices. Asia Pacific regions are expected to be the most attractive market for ureterorenoscopes due to growing prevalence of ureteral and renal stone by changing dietary habits, lack of exercise, less consumption of water and increasing healthcare awareness are the factors expected to create the opportunities among the key market players to develop more advance ureterorenoscope devices.

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Ureterorenoscopes Market: Key players

The major market payers operating in the global ureterorenoscopes market includes, LocaMed Limited (SML Solutions Limited), Boston Scientific Corporation, Olympus Corporation, Stryker, Richard Wolf GmbH , PENTAX Medical, KARL STORZ SE & Co. KG, Elmed Electronics & Medical Industry & Trade Inc., SCHÖLLY FIBEROPTIC GMBH, AED.MD, OPCOM Inc., SOPRO-COMEG GmbH, Prosurg Inc., Maxerendoscopy, ROCAMED, EMOS Technology GmbH, Vimex Sp. z o.o.. and others.

Ureterorenoscopes Market: Segmentation

Tentatively, the ureterorenoscopes market can be segmented on the basis of product type, applications and end user.

Based on product type, the global wearable ureterorenoscopes market is segmented as:

  • Flexible Ureterorenoscopes
  • Rigid Ureterorenoscopes
  • Semi-rigid Ureterorenoscopes

Based on applications, the global wearable ureterorenoscopes market is segmented as:

  • Ureteral  Stone Treatment
  • Renal Stone Treatment
  • Urological disorders
  • Others

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Based on end users, the global wearable ureterorenoscopes market is segmented as:

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers
  • Specialty Clinics

Creatine Kinase Reagent Market Report- Drivers and Restraints, Growth Opportunity Assessment and Forecast to 2029

Creatine kinase is an enzyme which can be found in the heart, brain, skeletal muscle, and other tissues. Creatinine kinase catalyzes by transphosphorylsing ADP to ATP. With a series of coupled enzymatic reactions, NADPH produced is directly proportional to creatinine kinase activity. There is increased amounts of Creatine Kinase are released into the blood when there is muscle damage. Creatine kinase reagents are used to detect the amount of creatine kinase released into the blood during cellular damage of cardiac and skeletal muscle. These reagents are also used to analyze and quantify the amount of Creatine kinase released into the blood after myocardial infarction, muscular dystrophy, and many other diseases.

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Creatine Kinase Reagent Market: Drivers and Restraints-

Global creatine kinase reagents market is anticipated to witness tremendous growth in the forecast period owing to continuous launch of new creatine kinase reagents to improve the creatine kinase testing. Besides, growing patient population suffering from myocardial infarction, muscular dystrophy and many other diseases could also lead to the growth of the market for creatine kinase reagents. Also, macroeconomic factors such as favorable reimbursement scenario and health care funding by the government of many countries will help in the growth of creatine kinase reagents market. Even cost-effective reagents are also going to drive the market of creatine kinase reagents market. However, undergoing product-based regulatory the US, may to some extent hinder the growth of creatine kinase reagents market in the future.

Creatine Kinase Reagent Market: Region-wise Outlook

North America creatine kinase reagents testing market is anticipated to contribute to maximum revenue globally. Launch of new creatine kinase reagents testing kits in the region as well as several products in the pipeline will contribute significantly to the growth of global creatine kinase reagents testing market. The European market is anticipated to be the second-largest market in global creatine kinase reagents testing market due to presence of strong and advanced healthcare facilities in the region. This helps in more procurement and distribution of creatine kinase reagents in the European region. East Asia’s growing healthcare sector will also favor the market growth of creatine kinase reagents testing market in the forecast period. Moreover, growing both demographically and economically, India and ASEAN countries are expected to lead the creatine kinase reagents testing market in South Asia.

Creatine Kinase Reagent Market: Key Market Participants

Some of the key manufacturers operating in the global creatine kinase reagents market include Abbott Laboratories, DiaSys Diagnostic Systems GmbH, Randox Laboratories Ltd, Tosoh India Pvt. Ltd, Diazyme Laboratories, Inc., BBI Solutions, Pointe Scientific Inc and PerkinElmer Inc. The major players are always in the process of developing strategies that could benefit from the continuous launch of creatine kinase reagent. With the increase in the frequency of new products launch, the major players can compete with the local ones and strengthen their geographical presence, and gain strong creatine kinase market share

The report covers exhaust analysis on:

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

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Regional analysis includes:

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

Creatine Kinase Reagent Market: Segmentation

On the basis of product type, Creatine Kinase Reagent market can be segmented as:

  • Instruments
  • Regents
  • Kits

On the basis of test type, Creatine Kinase Reagent market can be segmented as:

  • Colorimetric Assay Based Tests
  • Enzymatic Tests
  • Point of Care Tests
  • ELISA Based Tests
  • Others

On the basis of application, Creatine Kinase Reagent market can be segmented as:

  • Research Use
  • Diagnosis Use

On the basis of end users, Creatine Kinase Reagent market can be segmented as:

  • Hospitals
  • Clinics
  • Diagnostic Laboratories
  • Academic Research Institutes
  • Others

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