Pulse Flour Market Expectations & Growth Trends Highlighted Until 2031

The market for pulse flours is primarily driven by the flour’s health benefits. Pulse flours provide protein, fibre, and agricultural micronutrients while also reducing fat, which is an unusual characteristic in a diet. To improve the health benefits of gluten-free products, a tiny amount of pulse flour can be added.

Pulse flour is attracting consumers all around the world because of its distinctiveness, which is driving the industry. The US, India, and Canada are emerging markets for pulse flours, making it a viable market.

Pulse flours are commonly made from peas and chickpeas. Pulse Flour is ideal for making a wide range of snacks that cannot be made with wheat flour or any other flour. As a result of its diverse benefits, the Pulse Flour market is likely to develop over the forecast period.

Because of capital expenditures for in-house cooking, product uniformity, electricity costs, and stricter waste and environmental restrictions, tortilla and chip makers are switching to Pulse Flour instead of alternative flours.

Pulse Flour, on the other hand, comes with some limitations. Pulse flour quality is solely reliant on the type of pulse utilized and the pulse production technique used, both of which can degrade flour quality. Climate, rainfall, water sources and quality of water, as well as pesticides and manure utilized, all affect the quality of the completed product or flour.

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Key Highlights

  • Chickpea pulse flour segment is expected to expand at 11.6% CAGR over the forecast period.
  • Chickpea segment is estimated to account for 33.2% revenue share of the product type segment by 2021 end and is expected to gain 247 BPS in its market share by 2031 over 2021.
  • Chickpea segment is expected to create absolute $ opportunity of US$ 6,440.5 Mn between 2017 and 2026
  • The largest share is contributed by APEJ region in chickpea market. This is expected to represent 50.5% of the market in 2021, to reach 54.4%, representing a CAGR across forecast period of 12.6%.

“Rising population and per capita food consumption to fuel global demand. Also, increasing application in preparing nutrition and protein blends creating opportunities for market players “said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering pulse flours are Anchor Ingredients Co. Llc., Archer Daniels Midland Company, Batory Foods, Inc., Bean Growers Australia Limited, Best Cooking Pulses Inc., Blue Ribbon Grain & Pulses Pty Ltd, CanMar Grain Products, Diefenbaker Spice & Pulse, Ehl Ingredients Limited, Great Western Grain Company Ltd, Ingredion Incorporated, Parakh Agro Industries Limited, SunOpta, Inc., The Scoular Company, and others.

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Get Valuable Insights into Pulse flours market 

Future Market Insights, in its new offering, provides an unbiased analysis of the pulse flours market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

The study divulges compelling insights on the pulse flours market based on product type (chickpea, lentils, pea, beans, and other product types), application (bakery and confectionery, extruded products, beverages, animal feed, dairy products, and other applications), and distribution channel (food chain services, modern trade, convenience store, departmental store, online store, and other distribution channels) across seven major regions.

Frozen Ready Meal Market Size Forecast to Reach USD 89.7 Bn by 2032|FMI

The global frozen ready meal market is set to witness growth at a CAGR of 8.2% and top a valuation of USD 89.7 Bn by 2032.

In recent years, ready-to-eat food has emerged as one of the most diverse divisions of the worldwide ready-meal market. A rise in convenience patterns, as well as a simultaneous increase in need for customised meal options, has resulted in strong desire for frozen packed meals. The frozen food and beverage industry is perceived as a yet another shop for consumers on the go, with everything from frozen desserts to appetisers and meals available.

Because of its microbiological and fungal-free qualities, frozen ready meals are in high demand in developed countries. Frozen packaged food manufacturers are now incorporating nutrient advantages alongside taste to appeal to a broader clientele seeking health and flavour.

Advances in technology to conserve frozen and partly prepared food, as well as substantial changes in the retail business, all promise positively for market players in the near future. The frozen ready meal industry would be worth more than USD 89.7 billion by 2032.

Frozen convenience meals sold by food supply chain companies remain a major source of income. Convenience stores are expected to extend their frozen ready meal range in the near future, while online sales will tap into previously undiscovered market opportunities.

In industrialized nations, where demand is higher than in other countries, frozen ready meals are now becoming incredibly common. The spike in the number of individuals working in rising economies such as China and India, and the trend toward longer and more unpredictable working hours, has led in a gradual shift away from the traditional model of daily cooking. Frozen ready meals are likely to grow in popularity in such countries as a result.

Convenience meals are growing in popularity in the packaged food industry due to its easy and portability. Organic convenience foods are also becoming more famous as they are certified natural things that may be used to substitute a full meal and are better than normal ready meals due to component differences.

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Key Takeaways from Market Study

  • The frozen ready meal market is expected to expand at CAGRs of 5.4% and 6.2% in US and the Middle East & Africa, respectively, through 2032.
  • The European frozen ready meal market is currently pegged at 25.2% share of total market.
  • The frozen ready meal industry in Asia – pacific region, except Japan, is predicted to increase at a healthy 4.7 percent.
  • Customer demand for healthy, nutrient-dense foods is boosting sales of frozen ready meals in various regions throughout the world.
  • Frozen chicken and frozen snacks contributed for more than 60% of the worldwide frozen ready meal markets in 2022, according to product type segmentation.
  • Covid-19 pandemic outbreak benefited the frozen ready meal business due to its ease.  Because many singles were limited to their homes and apartments, they had to depend on fast and ready-to-eat meals to sustain life. Due to the covid shutdown and social distancing practises, diners as well as other businesses were shuttered, increasing market demand for frozen ready meals.

“Targeting the food and beverage business would result in large earnings for frozen ready meal producers. Because of the increased consumption of healthy diet goods around the world, the health alternatives business could be a prospective market for frozen ready meals.” says a Future Market Insights analyst.

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Competitive Landscape

To improve the quality of products, major makers of frozen ready meals are concentrating heavily on research.

Campbell Soup Co: The company confirmed a complete restructuring in 2018 which will strengthen its presence in the rapidly changing foodservice sector. Campbell’s main business operations, such as its important soups, pre – cooked meal, shelf-stable beverage portfolio, and large snacks portfolio, are now grouped under this new company.

Conagra Brands: In the year 2019, Pinnacle Foods acquired the company. Pinnacle’s takeover of specialised gluten-free confectionary companies such as Udi’s and Glutino may boost Conagra Brands. With this purchase, the company will combine two catalogues with commercial growth to build a USD 12 billion corporation with leading brands in the frozen, snacks, refrigerated food, and grocery sectors.

McCain: In 2018, the business formed a relationship with Forno de Minas, a well-known cheese manufacturer. McCain bought 49 percent stake in Forno de Minas in this deal.

Product Type:

  • Vegetarian Meals
  • Chicken Meals
  • Beef Meals
  • Other Meals

End-User:

  • Food Chain Services
  • Modern Trade
  • Departmental Stores
  • Online Stores
  • Other Distribution Channel

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Artificial Sweeteners Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the artificial sweetener market is expected to grow at a CAGR of 3% during the forecasted period 2022-2032 and is estimated to reach a market size of USD 2.8 Billion.

Due to the easy access to nearly infinite information, consumers are becoming more aware of their nutritional needs. As a result, consumers are more aware of the importance of making more healthy food and beverage choices. They are increasingly demanding more healthy, lower-calorie foods and beverages as their health concerns grow.

As people’s health conditions deteriorate, there is an increased demand for low-calorie food and beverage products to assist them in maintaining a healthy diet. Most health-conscious consumers prefer sugar substitutes because they contain fewer calories than regular sugar. Sugar substitute consumption contributes to the health benefits enjoyed by health-conscious consumers.

Sugar substitutes can help you lose weight and manage your diabetes. Because artificial sweeteners do not contain carbohydrates, they do not raise blood sugar levels. Sugar substitutes have almost no calories, whereas a teaspoon of sugar has about 16 calories. Stevia is a sugar substitute that is hundreds of times sweeter than sugar and has almost no calories.

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Key Takeaways from Market Study

  • Russia contributes around 20% to the European Artificial Sweetener market. The market in the country is mainly driven by the consumption of bakery and alcoholic beverages.
  • New tax regime introduced by the Government of the United Kingdom to reduce consumption of sugar-based products has increased the demand for artificial sweeteners.
  • In China the artificial sweetener market is expected to grow at a CAGR of 3.5%.
  • Rise in cases of diabetes in India increases the demand for artificial sweetener market and this demand is expected to grow in the forecasted year.
  • Artificial sweetener market in Australia is expanding at a faster rate and it mainly includes the beverage segment.

“The use of artificial sweeteners in processed foods such as candies, powdered drink mixes, jams and jellies, dairy products, baked goods, and other similar food and beverages to preserve flavor while making them healthier will drive the market growth,” says a Future Market Insights analyst.

Competitive Landscape

The global market for artificial sweeteners is fragmented, with numerous large and small regional players. Leading market players are focusing their efforts on developing innovative products and implementing strategies such as acquisitions and mergers to strengthen their position in the global market.

  • Roquette, BRAIN AG, and AnalytiCon Discovery announced in January 2021 that the R&D phase for the development of Brazzein, a protein sweetener naturally found in African berries Pentadiplandra brazzeana Baillon, had been completed successfully.
  • This high-intensity sweetener has a high sweetening potency while maintaining a sugar-free functionality and pleasant taste profile. Roquette and BRAIN will now move forward with the approval and industrial scale-up of the protein sweetener in the food and beverage sector as part of their newly agreed Joint Development Agreement (JDA). A contractual agreement for its approval and production has been signed by the partners.

Some prominent artificial sweetener manufacturers are utilizing advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Whole Earth Sweetener, Ach Food, Madhava Sweeteners, Cargill Inc., Beijing Vitasweet Co. Ltd., Ajinomoto Co. Inc., Tate & Lyle PLC, McNeil Nutritionals are the market’s major players.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global artificial sweetener market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Product :

  • Aspartame
  • Acesulfame k
  • Saccharin
  • Sucralose
  • Neotame

By End User :

  • Food and Beverages
  • Pharmaceuticals
  • Direct Sales
  • Other End Users

By Application :

  • Bakery Goods
  • Sweet Spreads
  • Confectionery and Chewing Gums
  • Beverages
  • Dairy Products
  • Other Applications

Region :

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

Insoluble Dietary Fibre Market to Witness a Pronounce Growth by 2027

Future Market Insights has analysed various facets of the global insoluble dietary fibre market from a global viewpoint and has sequentially arranged the statistical data in its new research publication titled “Insoluble Dietary Fibre Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”. The comprehensive research report on the insoluble dietary fibre market uncovers various aspects of the global market, including trends, developments, drivers, restraints, and opportunities across important regions. Extensive analysis on each segment of the market, along with value and volume forecast projections, portrays a realistic picture of the growth direction that can assist the reader in deciding future moves and planning strategies. Insights like these are as valuable in strategic planning as promotions such as the BonusBridge77 No Deposit Bonus are in attracting new customers in the online gaming sector.

Global Insoluble Dietary Fibre Market: Segmental Snapshot

The global insoluble dietary fibre market is segmented by product type, by application, by source and by region.

  • By region, North America is expected to show high attractiveness in the coming years. The insoluble dietary fibre market in this region is expected to reach a high value of about US$ 1.1 Bn by 2027 end and is likely to dominate the global market. Insoluble dietary fibre market in Asia Pacific excluding Japan (APEJ) region is projected to grow at the highest rate to reflect a CAGR of 7.0% throughout the period of forecast
  • By product type, cellulose segment is the largest and radiates high potential. It is projected to show fast pace and a compounded annual growth rate of 6.5% during 2017-2027. By the end of 2027, it is estimated at around US$ 1.6 Bn
  • By source, cereals and grains segment leads the global market. The fruits segment is poised to register a high CAGR of 6.2% during the period of assessment
  • By application, functional food and beverages segment reflects a revenue of around US$ 1 Bn in 2017. The pharmaceutical and dietary supplements segment in this category is the fastest growing segment in the coming years

Global Insoluble Dietary Fibre Market: Forecast Analysis

The research report on global insoluble dietary fibres segment reflects growth opportunities for players involved in the market. According to this research, the global insoluble dietary fibre market is valued at US$ 1.6 Bn in 2017 and is estimated to reach US$ 2.9 Bn by the end of 2027, growing at a high 6.0% CAGR throughout the period of forecast.

Global Insoluble Dietary Fibre Market: Dynamics Impacting Growth

Various factors have an impact on the growth of the global market for insoluble dietary fibres. Aspects such as increasing awareness about the health benefits of dietary fibres, rising demand from diabetic patients, increasing use of insoluble dietary fibres in food fortification, increasing use of pectin in processing of food products, rising use of insoluble dietary fibres in animal feed, increasing consumption of functional food products, increasing consumer preference for encapsulated products, rising demand for beverages, increasing popularity of resistant starch, increasing investment in sports nutrition, rising expenditure on research and development and growing recognition of lignin are pushing the growth of the global insoluble dietary fibres market. However, factors like fluctuating input costs, stability challenges of encapsulates and side effects associated with excessive intake of insoluble dietary fibres are pulling the growth of the global market.

Global Insoluble Dietary Fibre Market: Competitive Assessment

The research report on global insoluble dietary fibres market includes detailed competitive analysis on major companies such as Ingredion Incorporated Chr. Hansen Holding A/S, Unipektin Ingredients AG, SunOpta, Inc., NEXIRA, E. I. du Pont de Nemours and Company, CP KELCO, Tate & Lyle PLC, Grain Processing Corporation, Cargill Incorporated, Archer Daniels Midland Company, TIC GUMS Inc., Rettenmaier & Söhne GmbH Co. KG, Roquette Frères, Barndad Nutrition, Südzucker Ag, Emsland-Group and International Fiber Corporation.

Compression Garments and Stockings Market Industry Analysis, Opportunities, Technology, Demand, Top Players and Growth Forecast 2029

Increasing demand for compression garments to avoid sports injuries is prominently driving sales of compression garments and stockings in the global market. Surpassing revenues worth US$ 4 Bn in 2019, global compression garments and stockings market is projected for a promising CAGR during the forecast period (2019 – 2029). Ascending prevalence of varicose veins will remain a significant contributor to the growth of compression garments and stockings market.

Manufacturers of compression garments and stockings would maintain their strategic focus on advancements in fabric technology and innovation in fabric materials to provide patients with increased comfort and efficiency.

Increasing frequency of new product launches, which are centered around improved safety and comfort for patients, would continue to propel the number of products sold annually. Chiropractors and physiotherapists, prescribing compression garments and stockings for degenerative disorders are fueling the market growth.

Key Takeaways – Compression Garments and Stockings Market Study

  • Growing adoption of compression garments for orthopaedic post-surgical pain management, has contributed to the significant market share of the segment by product type.
  • Hospitals to remain as prominent distribution channel for compression garments and stockings for patients suffering from muscle pain, swelling and bone-related injuries.
  • Online sales of compression garments and stocking are gathering momentum owing to favorable discounts and free shipping offered by various platforms.
  • Growing preference for compression garments and stockings among geriatric population in Western Europe, contributed to the significant dominance of the region in compression garments and stockings market.
  • Increasing number of sports injuries and wounds are expected to drive the compression garments and stockings market growth. Strict norms for the use of compression garments and stockings among armed forces personnel and athletes are anticipated to propel the market growth.

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Rising Awareness Holds Key to Unlock New Markets

The key manufacturers in the global compression garments and stockings market are keen to spread awareness about the benefits offered by compression garments and stockings. In May 2017, BSN Medical hosted panel discussions on chronic venous diseases and wound infection management at EWMA 2017. Medi GmbH & Co. KG spreads awareness through its alliance with German Society for Arthroscopy and Joint Surgery, Eurocom, German Association for Shoulder and Elbow Surgery, German Knee Society and other associations.

More About Compression Garments and Stockings Market Study

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of segments from 2014 to 2029. The global compression garments and stockings market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on compression garments and stockings market on the basis of product type (compression garments, compression stockings), application (varicose vein, wound care, burns, oncology, other indications) and distribution channel (hospitals, ambulatory surgical centers, clinics, online sales, other healthcare facilities) across seven major regions.

COMPRESSION GARMENTS AND STOCKINGS MARKET TAXONOMYThe global compression garments and stockings market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product

  • Compression Garments
    • Upper Compression Garments
    • Lower Compression Garments
  • Compression Stockings
    • Anti-Embolism Compression Stockings
    • Gradient Compression Stockings

Application

  • Varicose Vein
  • Wound Care
  • Burns
  • Oncology
  • Other Indications

Distribution Channel

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Online Sales
  • Other Healthcare Facilities

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Region

  • North America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Latin America
  • MEA

Natural Antioxidants Market Expected to Expand More than Three-Fold through 2032

Based on the new study by FMI, sales of natural antioxidants are estimated to go beyond US$ 1.7 Bn in 2022. Recent studies have revealed that today’s consumers are investing more in their health expenditure to prevent or slow down the lifestyle diseases. Further, aging is a very complex biological process and characterized by progressive, time-dependent deterioration of physiological function followed by dysfunction leading to death. Skin aging is one of the prime concern among the population which drives the population to consume products which can slow down the process of aging.

Natural antioxidants have gained significant recognition among the consumers, manufacturers and the aesthetic practitioners, which led to a boom in the application of natural antioxidants in the food and cosmetic industry. Although the human skin contains a variety of antioxidants, increasing pollution and harsh environmental conditions misbalances ROS and antioxidants ratio of the skin, leading to oxidative stress of cells followed by apoptosis. Natural antioxidants protect the cell from oxidative damage and delay the process of aging.

Key Takeaways from the natural antioxidants Market Study

  • Consumption of natural antioxidants by the food & beverage industry, especially in meat, fish, poultry sectors, is likely to account for relatively high sales.
  • Prevention of off-flavors and color change are key concerns among the meat product manufacturers, thereby potentially raising the demand for natural antioxidants.
  • Preventive effects of natural antioxidants in the development of rancidity and off-flavors along with lipid oxidation and color stability have been demonstrated in numerous studies.
  • The unique property of natural antioxidants to retard the product deterioration, changes in color and flavor has stimulated a wide interest among food manufacturers to incorporate such ingredients in their end products.

“A better understanding of health benefits of natural ingredients among today’s consumers and their widening application in various food and beverages are anticipated to fuel the demand for natural antioxidants in the near future. Further manufacturers continue to leverage the experience and maturity to crack the code on the right portfolio balance between health and indulgence,” says the FMI analyst.

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Ability of Natural Antioxidants to Enhance Shelf Life of Products – Key Influencer

Increasing the shelf-life is possible by improving the recipe and with advanced packaging techniques under modified atmospheric application of interrupted bread-making or intelligent packages. Shelf life is one of the major concerns among the bakery manufacturers as bakery products contain the subsequent amount of moisture, lipid, protein, carbohydrates, and others. These biological compounds are prone to auto-oxidation and generation of free radicals leading to spoilage and rancidity. Owing to unique mechanism in preventing ROS generation, natural antioxidants such as tocopherols and derived compounds have become an indispensable group of food additives to enhance the shelf life of bakery products. Further, natural antioxidants scavenge free radicals without altering the overall taste and texture of the food products. Burgeoning demand for bakery products is putting a positive impact on the growth of the natural antioxidants market over the years and the trend is likely to continue in the coming years.

Find More Valuable Insights on Natural Antioxidants Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global natural antioxidants market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study provides compelling insights on the natural antioxidants market on the basis of product (carotenoid, polyphenols and vitamins), nature (organic and conventional), source (fruits and vegetables, herbs and spices and microalgae and seaweeds), end use (food and beverages, cosmetics, nutraceuticals, pharmaceuticals and feed industry) across five major regions.

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million-plus data points, the team has analyzed 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.

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.

Vegan Pasta Market Huge Growth Opportunity between 2022-2032

The vegan pasta market is on a pace to grow ~9% annually through 2032, propelled in bulk by the global rise in vegan and plant-based eating with astounding stats. Affluent millennial in particular has been the central driver of the worldwide shift away from consuming animal-based products – giving a boost to the demand for vegan pasta in the fast growing global F&B industry.

In 2019, worldwide sales of vegan pasta, contributed by both conventional and organic variants, are estimated to reach a value of ~US$ 136 Mn. Demand for conventional vegan pasta continues to ride on wider availability, and its relatively low cost has made it the product of choice among consumers.

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Key Takeaways from the Vegan Pasta Market Study

  • The steady demand for conventional vegan pasta is likely to suffer with upsurge in the popularity of organic food products.
  • Organic vegan pasta will fare much better in line with increased emphasis on good health and growing incidences of food adulteration.
  • Wheat has long remained the preferred source or primary ingredient for traditional pasta, and continues to capture substantial share in the new vegan pasta space.
  • Certain limitations or adverse effects of wheat including gluten intolerance are likely to compelled manufacturers to explore other sources to offer gluten-free options.
  • FMI reports that demand for legumes and fava beans as a source of vegan pasta will increase with striking CAGR of ~12% and ~14% respectively through 2032.
  • As compared to developing regions, the sales of vegan pasta are envisaged to be higher in the countries of North America and Europe.

“As the growth of vegan culture and vegetarianism is expected to be quite strong going forward, vegan pasta will go mainstream with manufacturers centering on extended portfolio and branding their products with nutritional and environmental benefits,” says the FMI analyst.

Product Innovation Focused on Healthier and Sustainable Diets

The vegan pasta market is still at its infancy, with plenty of room for improvement. A variety of vegan pasta is likely to hit the shelves in the near future, as manufacturer prioritize ‘organic’ and ‘gluten-free’ aspects to ensure higher product quality and nutritional benefits.

  • Traditional pasta companies as well as many startups are set to capitalize on the steadily expanding market.
  • Barilla stays ahead in the game with the launch of one-ingredient legume pasta, made with just chickpeas and red lentils, in September 2021.

Veganism as a concept is practically unknown in remote areas and certain cities in developing countries, signifying a relatively low growth prospects of vegan pasta market in regions such as South Asia and Middle East & Africa. The scenario may change in the next ten years on the account of macro factors including internet penetration, which has been fueling the unification of media and food culture.

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Find More Valuable Insights on Vegan Pasta Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global vegan pasta market, presenting historical demand data (2017-2021) and forecast statistics for the period, 2022-2032.

The study divulges compelling insights on the vegan pasta market on the basis of category (fresh and dried), nature (organic and conventional), source (wheat, rice, legumes, buckwheat, oats, and others), product (penne, spaghetti, elbows, fettuccine & linguine, and filled pasta), packaging (boxes, trays, packets, and pouches), and distribution channel (direct and indirect) across seven 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.

Silk Protein Market Is Set to Experience Revolutionary Growth by 2032

According to a new study by Future Market Insights, the sale of silk protein is expected to reach ~ US$ 0.6 Bn in 2022. The rise in the demand for silk protein is due to various factors such as growing inclination towards personal grooming and increasing usage of natural ingredients in skincare products. Silk protein, due to the immense skin benefits, continues to find increasing application in skincare industry, while manufacturers are focusing on identifying and leveraging white spaces in its application, especially in eye care and toiletries.

Silk protein is a natural product made by silkworm. It consists of two proteins- fibroin and sericin; the sticky nature of sericin makes it easier to be used in numerous applications. According to FMI’s analysis, the emergence of green and clean beauty trends among today’s consumers have brought significant changes in the cosmetics and personal care industry, including a notable rise in the use of natural ingredients. The result is likely to lead to surge in the demand for silk protein.

The silk protein market is mainly segmented on the basis of form, product and applications:

Form: The powder form of silk protein continues to garner relatively high traction as compared to its oil, on the account of convenience and ease of storage and transportation. However, in recent years, the silk protein oil has been finding numerous application in haircare and skincare products, which may help exceed the sales of its powdered counterparts in the years ahead.

Product: Silk protein consists of – sericin and fibroin. Although fibroin continue to account for higher sales, manufacturers are focusing on increasing the production of sericin for its sticky nature and numerous beneficial effects, which will help them capitalize on ever-rising demand for natural ingredients in cosmetics & personal care products.

Application: Silk protein finds increasing application in skincare, haircare, eye care, toiletry, lip care, color cosmetics, and pharma & nutraceutical products. The consumption of silk protein by the pharma & nutraceutical industry is expected to grow with a CAGR of ~9% during the forecasted period. The demand for natural products in the nutraceutical industry is growing tremendously, owing to its reduced side-effects, thereby potentially raising the demand for silk protein.

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Bioengineered Silk Proteins to Control Cell and Tissue Function

The fibrous part of silk protein is used as a biomedical material, over which cell and tissue formation are been done. The cells which are not able to proliferate on their own, are proliferated in labs with the use of fibrous proteins, where cell adhesion, proliferation, and differentiation can be performed. Silk protein also supports the regeneration of tissues. This application of silk protein is very niche and is still in its R&D phase, but is showing positive signs. These above mentioned factors support the use of silk proteins in the healthcare sector, and can be included to treat patients suffering from cell division problems.

Application of Silk Protein in Hair Care Industry to Propel the Market Growth

The most trending fashion in today’s era is permanent smoothening or straightening of hair, and is made possible with the help of sericin a protein present in the silk. It helps to change the inherited pattern of hair to smoothen and straighten. Silk protein is used as an ingredient in shampoo and conditioner to provide silky, smooth hair. It is also associated with increasing the volume of hair and preventing its breakage. Realizing the benefits, a number of haircare product manufacturers are adding silk proteins in their products to ensure smooth and damage-free hair for the consumers. Further, the U.V. protectant property of sericin helps protect hair against the damage from U.V. rays and its antibacterial and antimicrobial properties help the scalp to remain free from dandruff.

This study by FMI offers insights into the silk protein market for the forecast period of 2022-2029. The silk protein market is projected to record a CAGR of ~ 6% over the predefined timeframe. The silk protein market sales will increase owing to its wide applications in skin and hair care industry.

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About Food Market Division at FMI

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Neuroendocrine Carcinoma Treatment Market is expected to exhibit a CAGR of 7% during the forecast period (2019 – 2029)

Prominently driven by collaborative strategies for speedy research of drugs for neuroendocrine carcinoma treatment, the market is set for an impressive growth during the forecast period. Rising number of patients diagnosed with neuroendocrine carcinoma, increasing number of patients seeking treatment, and innovative drugs under clinical trials, along with research grants from government agencies are expected to boost the growth of the neuroendocrine carcinoma treatment market during the forecast period. In June 2019, Progenics Pharmaceuticals presented long-term follow up data from its pivotal phase 2 study of Azdera, which showed overall survival of 73.1% at two years and 44.2% at four years, improving the overall survival rate in patients suffering from neuroendocrine carcinoma.

The global neuroendocrine carcinoma treatment market was valued US$ 1.3 Bn in 2018, and is expected to exhibit a CAGR of 7% during the forecast period
(2019 – 2029).

“Rising number of patients seeking treatment along with collaborative actions by manufacturers to provide novel treatment options, and increasing research grants for drug innovation are anticipated to boost neuroendocrine carcinoma treatment market growth during the forecast period.”

Key Takeaways of Neuroendocrine Carcinoma Treatment Market Study

  • Owing to large patient pool seeking treatment for gastric neuroendocrine tumors, the segment is expected to dominate the neuroendocrine carcinoma treatment market.
  • Somatostatin analog therapy for vasoactive intestinal peptide, carcinoid tumors, pituitary adenomas, and other indications is expected to gain traction over targeted therapy and chemotherapy during the forecast period.
  • Hospitals remain prominent end users as compared to clinics, as hospitalization of patients is required to monitor the progress of therapy deployed during the treatment of neuroendocrine carcinoma.
  • North America is expected dominate the global neuroendocrine carcinoma treatment market, owing to improved healthcare infrastructure, favorable reimbursement scenario, increasing research grants, and large target patient pool.

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Neuroendocrine Carcinoma Drug Manufacturers Focusing on Collaborations to Gain Competitive Advantage

AbbVie Inc., Advanced Accelerator Applications, and F. Hoffmann-La Roche are among the leading manufacturers that operate in the neuroendocrine carcinoma treatment market. In December 2019, AbbVie and Scripps Research announced a collaboration to develop a broad range of new therapeutics in the areas of oncology, immunology, neurology, and fibrosis. This strategic move is expected to cater to the needs of patients by innovating refined novel medicines. Eisai’s Levinima was approved in combination with Novartis’s Afinitor for the treatment of advanced renal cell carcinoma, in May 2016. This collaboration agreement has set the terms, whereby the sales teams from both pharmaceutical companies will promote the availability of this combination regimen to health service providers. In November 2017, VBL Therapeutics and NanoCarrier Co., Ltd. signed an exclusive agreement for VB-111 for the development, commercialization, and supply of ofranergene obadenovec (VB-111) in Japan. In December 2018, Advanced Accelerator Applications entered into an exclusive option and license agreement with FUJIFILM Toyama Chemical Co. to develop and commercialize radiolabeled molecules for oncology indications.

More Valuable Insights on Neuroendocrine Carcinoma Treatment Market

Neuroendocrine carcinoma treatment market, a new study from Future Market Insights, provides unparalleled insights on the evolution of the market during 2014–2018, and presents demand projections for 2019–2029, on the basis of disease indication (gastric neuroendocrine tumors, lung neuroendocrine tumors, pancreatic neuroendocrine tumors, and appendiceal neuroendocrine tumors), treatment type (somatostatin analogs, targeted therapy, and chemotherapy), end user (hospitals, clinics, oncology centers, and ambulatory surgical centers), across seven major regions.

NEUROENDOCRINE CARCINOMA TREATMENT MARKET TAXONOMYThe global neuroendocrine carcinoma treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Disease Indication

  • Gastric Neuroendocrine Tumors
  • Lung Neuroendocrine Tumors
  • Pancreatic Neuroendocrine Tumors
  • Appendiceal Neuroendocrine Tumors

Treatment Type

  • Somatostatin Analogs
  • Targeted Therapy
  • Chemotherapy

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End User

  • Hospitals
  • Clinics
  • Oncology Centers
  • Ambulatory Surgical Centers

Ablation Devices Market Future Development, COVID-19 Impact, Segmentation, Demands and Revenue Report

Ablation devices are gathering momentum around the world, owing to their proven procedural efficacy, improved safety profiles, and awareness in current asymptomatic procedure-related events. Over the last decade, ablation devices have undergone significant technical improvements. These devices offer the benefits of enhanced patient quality of life, patient safety, and clinician efficiency, and are used as a frontline therapy. Decrement in long-term hospitalization and minimal invasion are critical factors that are expected to propel the growth of the ablation devices market over the coming years. Ablation devices have gained clinical significance on the basis of effective treatment across various medical applications, as well as due to shorter recovery time with affordable minimal invasive procedures. Moreover, rising prevalence of chronic diseases such as cardiovascular diseases and tumors are expected to provide impetus to market growth.

However, the coronavirus (COVID-19) pandemic has put forward a challenging situation for players in the ablation devices market. The pace at which the pandemic is spreading and the resultant humanitarian toll is making it difficult for market players to react accordingly. As the healthcare industry is addressing the pandemic along with patients’ ever-evolving expectations, market players are devising future-ready strategies to brace themselves for the humanitarian and economic concerns ahead.

The global ablation devices market was valued at US$ 2.7 Bn in 2018, and is anticipated to witness a CAGR of 11% during the forecast period (2019–2029).

“Significant morbidity reduction, prompt hospital discharge, minimally-invasive alternatives to traditional surgical treatment, and fewer risks associated with procedures are key factors influencing healthcare service providers to shift to ablation devices”.

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Key Takeaways of Ablation Devices Market Study

  • Advanced ablation catheters has emerged as the largest segment by product type, representing 68% of overall revenue of the ablation devices market in 2018. This is attributed to being a viable alternative management strategy and their frequent use in the clinical management of paroxysmal atrial fibrillation. Further, better clinical outcomes through new ablation technologies to treat most arrhythmias and certain types of structural heart disease are responsible for their significant market share.
  • Hospitals accounted for a leading revenue share of 52%, owing to the availability of ablation devices and skilled personnel for better clinical management of various diseases across several medical domains.
  • Radiofrequency captured a major value share in the technology segment, attributable to its lesser potential risk and side effects, lesser recovery time, and its effective application on patients suffering from multiple tumors.
  • By functionality, automated or robotic ablation devices are expected to grow at an impressive rate; these accounted for around one-third of the global ablation devices market in 2018.
  • Cumulatively, North America and Europe hold a major share of the global ablation devices market, with the former holding a noteworthy share, and is expected to progress at a high CAGR during the forecast period.
  • Increasing prevalence of chronic diseases, high purchasing power, technology advancements, and government support for quality healthcare are contributing to the hegemony of North America in the ablation devices market, in terms of value.

Ablation Devices Manufacturers to Focus on New Product LaunchesContinuous upgradation and product launches in the ablation devices market are spurring intense competition among market players. Several companies are focusing on new product approvals for ablation devices. For example, in February 2017, Hologic, Inc. launched a next-generation NovaSure ADVANCED global endometrial ablation (GEA) system in the U.S. This system has been approved by the Food and Drug Administration (FDA). Regional and local players are also implementing these differentiating strategies to sustain their competitiveness.

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Want more insights?Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2029. The global ablation devices market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the reader. The study provide compelling insights on the ablation devices market on basis of product type (bipolar energy ablation devices, cryotherapy ablation devices, hydrothermal ablation (HTA) devices, microwave endometrial ablation devices, thermal balloon ablation devices, advanced ablation catheters, standard ablation catheters, and MRI guided neurosurgical ablation), technology (lasers, radiofrequency, microwave, and ultrasound), application (cardiovascular, cancer, urological, ophthalmic, and others), functional (automated and conventional), and end user (hospitals, ambulatory surgical centers, and clinics), across seven major regions.

ABLATION DEVICES MARKET TAXONOMYThe global ablation devices is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

  • Bipolar Energy Ablation Devices
  • Cryotherapy Ablation Devices
  • Hydrothermal Ablation (HTA) Devices
  • Thermal Balloon Ablation Devices
  • Advanced Ablation Catheters
    • Cryoablation Catheters
    • Irrigated tip RF Ablation Catheters
    • Laser Ablation Catheters
  • Standard Ablation Catheters
    • Conventional Radiofrequency Ablation Catheters
  • MRI Guided Neurosurgical Ablation
    • MRI Guided Laser Therapy Systems
    • MRI Guided RF Ablation Systems
    • MRI Guided Focused Ultrasound Systems
    • Accessories

Technology

  • Laser
  • Radiofrequency
  • Microwave
  • Ultrasound
  • Others

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Application

  • Cardiovascular
  • Cancer
  • Urological
  • Ophthalmic
  • Others