Market Research Blog – Page 15164 – New Product Development

Eggshell Membrane Powder Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2029

Future Market Insights (FMI), in its latest study, analyzes the global market for eggshell membrane powder for the upcoming decade-old period of assessment. The report opines that the eggshell membrane powder consumption volume in 2018 was ~ 8,657 MT, which is highly likely to witness a healthy increase by 2019 end, at a 6% Y-o-Y rate. FMI’s analysis suggests that the trend of ‘biowaste repurposing’ is gathering considerable pace at a global level, and will contribute to the growing acceptance for eggshell membrane powder across various end-use sectors.

The umpteen benefits associated with powdered eggshell membrane as a biowaste, use of this natural waste appears to be a promising proposition for multiple industrial domains. Therapeutic effects of eggshell membrane powder on bowel diseases, which constitute the youngest research findings on eggshell membrane, are further greasing the wheels of adoption. It is now emerging as a viable ‘add-on’ in supplements that nourish the bowel health.

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According to the report, research studies attesting the nutritional value of eggshell membrane are strongly complementing the growth of eggshell membrane powder market. With the health & wellness trend spreading its roots across the food & beverages industry, eggshell membrane powder is being embraced as a novel ingredient enhancing the nutritive value of products. However, the evident rise of trends, such as veganism and vegetarianism, is likely to arrest the adoption of eggshell membrane derivatives to a certain extent, leading to a see-saw market scenario over the forthcoming years.

Recent studies indicate that ~600 thousand tons of eggshells are ending up in the landfills, in the U.S. alone, whereas the eggshell waste in European countries is also reaching the massive volume of a million tons. While these numbers critically call for a growing focus of governments on sustainability, ‘reusing’ the biowaste is rapidly emerging as the potential solution, of late. As indicated by the report, the trend of reusing has been a key factor uplifting the growth potential of eggshell membrane powder market in the years to come.

FMI’s conclusive analysis says that although the conventional eggshell membrane powder will continue to remain highly preferred among consumers owing to its fair and reasonable price point, a relatively recent trend that involves growing consumer proclivity for ‘organic’ is likely to gain momentum in the long run. Organic has been quite a buzzword in the global consumer marketplace over the recent past, and consequently a massive inflow of organic variants is likely to be spectated in years to come. However, the ‘conventional Vs organic’ war continues to shape the eggshell membrane powder market, particularly in price-sensitive markets.

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Price Benchmarking – An Addition to Manufacturers’ Arsenal for Retaining their Sphere of Influence

The cosmetics and personal care industry is on the verge of disruption, with natural ingredients infiltrating the space, promising superior outcome. Opportunities are imminent for the companies operating in eggshell membrane powder market, as key cosmetic and personal care brands rely on eggshell membrane derivatives to enhance their product value. The F&B industry is estimated to emerge as a gold mine of opportunities for key market stakeholders through 2029, finds the report. With ‘food fortification’ taking over all other trends in the food & beverages space, the penetration of eggshell membrane powder as an effective ingredient is likely to see a major upturn.

As per the report, the leading manufacturers remain highly focused on commercializing high-quality products at reasonable prices. While the market players continue to stress on regular R&D processes for product innovations, they also invest in comprehensive ‘price benchmarking’ to understand patterns of customer cost sensitivity across different regions. Business expansion also remains a strategic priority of the companies operating in this market, wherein market players are targeting specific regions with high growth potential to expand their operational bases.

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.

Egg White Powder Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

The global egg white powder market is likely to be valued at US$ 1.7 Bn in 2022, and will witness strong growth in revenues in the near future, as indicated by a new Future Market Insights (FMI) study. The demand for egg white powder is increasing rapidly in line with growing applicability in multiple verticals, including food processing, pharmaceuticals, cosmetics & personal care, beverage processing, and dietary supplements.

FMI’s report opines that while North America and Europe will remain prominent markets for egg white powder sales, the attractiveness of East Asian market is rising at a brisk pace. The study anticipates the growth of this market to be propelled by the expansion of food processing sector, coupled with the widening applicability of egg white powder in cosmetic and personal care industry, across East Asia, particularly China, South Korea, and Japan.

Convenient storage, affordability, and lasting shelf life of egg white powder continue to solidify its growing popularity over fresh eggs, among end users. While this remains a strong factor pushing demand for egg white powder, the stakeholders stand still staring at the potential impact of the ‘vegan’ trend, thriving all over the globe. The trend of veganism is observing its second wave of growth in developing countries, which further poses a threat to the egg white powder market, in both, developed and developing regional markets.

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‘Protein Supplements’ – Key Category Pushing Sales

The analysis of egg white powder market on the basis of end use reveals that dietary supplements will continue to account for a prominent value share in the global egg white powder market. While the prevalence of chronic ailments is rising at an alarming rate, nutritional supplements have become an integral part of the lifestyle of a sizeable consumer pool. Moreover, the growing criticality of consuming protein-rich foods as a part of routine diet necessitates the adoption of wholesome protein sources, such as egg white powder.

The FMI study offers deep-dive analysis of the egg white powder market, which suggests that sales in B2B category will remain prominent in the long run, whereas that in B2C category will be modest. Revenue contribution from B2C sales of egg white powder is primarily sustained by hypermarkets and supermarkets, as the availability of protein-rich ingredients at retail and convenience stores is improving rapidly.

Egg White Powder Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global egg white powder market. Some of the examples of key players in the global egg white powder market are Merck KGaA, HiMedia Laboratories Pvt. Ltd., Kewpie Corporation, NOW Health Group, Inc., Taiyo Kagaku Co. Ltd, AvangardCo Investments Public Limited, SANOVO TECHNOLOGY GROUP, IGRECA, JW Nutritional, LLC, Rembrandt Foods, and Rose Acre Farms., Caneggs.com, Ovostar, Deps, and others.

The global market for egg white powder is expected to expand at a CAGR of ~10.9% between the forecast period 2022-2032. For exclusive insights on how the growth of ‘vegan’ trend will influence the market for the egg white powder landscape.

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Key Segments

By End Use:

Food Processing
Cosmetics & Personal Care
Pharmaceuticals
Dietary Supplements
Beverage Processing
Retail

By Grade:

Food Grade
Technical Grade

By Sales Channel:

B2B
B2C
- Store-based Retail
  - Modern Trade
  - Convenience Stores
  - Specialty Sports Stores
  - Online Retail
  - Other Sales Channels
- Online Retail

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

About Food Market Division at FMI

Fusion Beverages Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

Future Market Insights (FMI), in its new research study, outlines the uncharted corners and looming challenges prevalent in the global fusion beverages market in the next 5 years. According to the research study, the fusion beverages market is estimated to reach a valuation of ~ US$ 5.7 Bn in 2019, and is set to exhibit growth at ~ 6% CAGR during 2022-2032.

Rising trend of dietary assessments and consumer appetite for artful combinations of ‘taste’ and ‘wholesomeness’ are two prominent factors setting the stage for fusion beverages consumption in future.

The new-age consumers crave flavor experimentation in the food & beverage products they savor while being utmost mindful of the nutritional aspects. In this regard, fusion beverages have successfully carved out their spaces in the consumer wish lists and increasing affinity for functional beverages is further warranting their consumption over the years to come. However, overwhelming demands are likely to pressurize fusion beverage manufacturers to create a culture of consistent innovations and keep up with the changing consumer dynamics.

With consumers putting forth their demands for beverages offering ‘multi-sensory’ experiences, fusion beverages are likely to see new opportunities coming their way in 2022 and beyond.

Tea & coffee and alcohol will continue commanding over ½ of the total market revenues, whereas demand for energy sports & drinks is buckling in the fusion drinks landscape, finds the FMI analyst. Off-trade sales currently account for a significant pie of overall market value, wherein non-alcoholic fusion beverages accounted for over 90% of the off-trade sales in 2021.

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Product Innovation: The Elixir of Growth in Fusion Beverages Market

Manufacturers of fusion beverages will continue to draw upon the growing affinity for natural ingredients, which would further solidify their brand positioning by a wide margin. The transition toward beverages infused with natural ingredients and move away from the ones with added antioxidants is heading towards its peak, placing the onus on manufacturers to use high-quality natural ingredients in their offerings.

With online channels emerging as the ‘one-stop’ platforms for consumers to shop from a wide range of products at favorable prices, manufacturers are strengthening their online presence and focusing on competitive pricing to gain maximum ROI. Product innovation remains the elixir of growth in the market space, given that distinctive offerings will continue to underpin the relevance of manufacturers amid the competitive market space.

For instance, in 2019, The Coca-Cola Company announced the launch of a ‘coffee-infused’ cola drink – ‘Coca-Cola plus Coffee’ – in South Africa. This beverage is likely to be ‘one-of-its-kind’ offering the fusion of rich bold coffee aroma and mild sweetness with subtle caramel flavor, thereby adding to the well-regarded product portfolio of the company.

According to the report, packaging will continue to be a crucial aspect for manufacturers to revitalize their brand personality. Companies active in the fusion beverages space will continue placing emphasis on ‘functional packaging’ – a win-win concept for manufacturers and consumers alike – wherein product transparency, clean label, and brand storytelling are the key considerations.

‘Smart packaging’ is anticipated as a big trend making its way into the global beverage packaging scene, and is likely to unfold in multiple fronts over the years to come. This trend is also likely to spread its roots into the fusion beverages market and bring new implications for the manufacturers to draw inferences from.

This study puts spotlight on the untapped opportunities in the fusion beverages market and finds that the market will grow at a value CAGR of ~ 6% during the assessment timeline.

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By Product Type :

Fused coffee and tea
Carbonated Drinks
Fusion alcoholic Beverage
Fruit Juice
Energy and Sports Drinks
Others

By Distribution Channel :

Off-Trade
- Grocers
- Hypermarkets
- Discounters
- Online stores
- Highly specialized retailers
- Alcohol, confectionery and Off-license stores
- Supermarkets
- Petrol stations
On-Trade
- Bars, Pubs and cafeterias
- Restaurants
- Hotels and resorts
- Temporary retail points, mass events
- Clubs, discos

By Regions :

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

About Food Market Division at FMI

Plant Based Fish Feed Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

As per the recent report published by Future Market Insights (FMI), the global plant-based fish feed market revenues roughly equated US$ 6.8 Bn in 2021, which are likely to see a robust CAGR over the course of next decade. The market growth is likely to be driven by factors including, growing consumption of seafood worldwide, concerns over depleting aquatic species, sustainability, and rising prices of fishmeal and fish oil among others.

The report also opines that the innovative and cost-effective plant-based feeds derived from canola oil, soybean, corn, and wheat bran among others, will replace conventional feed such as fish meal and fish oil in the coming years.

The growing global demand for seafood in recent years has directly impacted the demand for plant-based fish feed. Further, as per the Food and Agriculture Association of the United Nations, the aquaculture industry accounts for more than 50% of the global edible seafood supply. Hence, the market players operating in the aquaculture sector need to find alternative feeds to meet the rising demand for seafood worldwide.

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Ever-rising Seafood Consumption Points to New Opportunities

The global seafood consumption has witnessed a remarkable growth in recent years. High seafood consumption in recent years has created lucrative opportunities in the plant-based fish feed market as aquaculture farmers pin their hopes on alternative feeds. In the current scenario, soybean and corn meals dominate the plant-based fish feed market in terms of market share and value and the trend is expected to continue through the forecast period.

Soybean and corn meals have illustrated strong potential in the last couple of years and are gaining tremendous popularity owing to enhanced digestibility, optimum protein content and omega-3 levels. According to the analyst, state-of-the-art soy products such as soybean protein concentrate (SPC) and fermented soy are likely to emerge as excellent fish feed alternatives in the coming years. Other crucial factor shaping the growing adoption of soybean and corn meals is its price. The aforementioned plant-based fish feed is cost-effective and also replicate the desired nutritional values required for fish.

Technological Advances Merging with Innovations

As the demand for plant-based fish feed is expected to surge in the next decade, existing players pin their hopes on innovation and R&D to consolidate a strong position in the market. Several companies worldwide are increasing investment in the adoption of new technologies to find cost-effective plant-based fish feed alternatives to meet the global edible seafood demand.

Currently, although the production of alternative feeds is at a nascent stage, major companies are relying on sourcing ingredients from these substitutes to develop customized aqua feed for different species based on their nutritional requirement. Investments for developing novel plant-based aqua feed are expected to rise as investors and stakeholders are eyeing the lucrative opportunities and high potential within the plant-based fish market especially in North America and Europe.

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Key Segment

By Product Type:

Soybean Meal
Cottonseed Meal
Corn Meal
Distillers Dried Grains with Soluble
Wheat Bran
Rice Bran
Other Product Types (Canola Meal, Sunflower Meal, etc.)

By Nature:

Organic
Conventional

By End-Use Application:

Commercial
Household

By Form:

Pellet
Powder
Granule
Flake

By Sales Channel:

Direct Sales
Indirect Sales
- Modern Trade
- Convenience Stores
- Specialty Stores
- Online Retailers
- Other Sales Channels

By Region:

North America
Latin America
Europe
Middle East and Africa
East Asia
South Asia
Oceania

North America and East Asia to Witness Significant Growth

While North America, Europe, and East Asia currently represent the key regional markets for stakeholders in the plant-based fish feed market, the trend will further continue throughout the next decade. The report attributes this trend to growing investments in R&D activities in these regions.

FMI’s report suggests that the changing investment patterns in North America will influence market growth in the region during the forecast period. Further, apart from innovation, companies are eyeing inorganic growth strategies such as mergers and acquisitions to gain a stronger foothold in the market. However, East Asia has emerged as one of the most lucrative markets owing to the growing middle-class population and increasing disposable income in nations such as China, South Korea, Vietnam, and Japan.

About Food Market Division at FMI

Pulse Flour Market to Witness a Pronounce Growth During 2021-2031

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.

In-Vehicle Ethernet System Market Size, Share, Growth Trends, and Forecast Analysis to 2026

The automotive industry has evolved considerably since the advent of the first motor car (Benz Patent Motor Car, which made its first run on New Year’s Eve -1879). Vehicles with simple combustion engines are a thing of the past, and have made way for far more technologically superior vehicles that are capable of self-driving and interacting with exterior components such as traffic signals and other vehicles on the road, and also with the driver and occupants. Adoption of new and innovative technologies in vehicles globally is rapidly increasing and automotive manufacturers are increasingly offering vehicles with control systems, smartphone connectivity, navigation systems, entertainment components, driver safety systems, Internet access etc., and the list goes on. Vehicles are steadily becoming increasingly high-tech as technology continues to witness rapid evolution. However, in order to enable efficient and fluid interconnectivity of the various complex systems in vehicles such as electronics, hardware & software, and application & mechanical systems, there is need for reliable and fast signal transmission technology. To fulfil these requirements, in-vehicle Ethernet has emerged as the ideal solution to physically network systems that connect the various components within a vehicle. This wired network system is designed to meet electrical, bandwidth, latency, synchronization and network management requirements. Ethernet meets all requirements than other technologies or network systems cannot fulfill and the in-vehicle Ethernet system market is expected to witness significant and rapid growth in the near future.

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Global In-Vehicle Ethernet System Market: Dynamics

Drivers: High complexity & increasing number of applications in vehicles are prime factors driving growth of the global in-vehicle Ethernet system market. Growing investment in smart vehicles and adoption of intelligent transportation systems are other factors expected to drive robust growth of the global in-vehicle Ethernet system market over the forecast period. Increasing investment in autonomous vehicle systems is also working as a catalyst for growth of the global in-vehicle Ethernet system market. Growth of the automotive electronics market is attributed to increasing need for higher bandwidth, latency and synchronization of wired networks, which can be fulfilled by Ethernet. Availability of a standard in-vehicle Ethernet solution for 100Mbps & 1Gbsp speed is pushing growth of the global in-vehicle Ethernet system market. Ethernet can bring standardization in the automotive service industry by providing strong data transfer mode.

Opportunity: Ethernet deployment is creating major opportunities in the global in-vehicle Ethernet system market. Increasing demand for smart cars globally is expected to create major opportunity for various players in the global in-vehicle Ethernet system market in the near future. Moreover, rising adoption of ADA systems in vehicles and increasing use of complex circuitry is expected to create a significant opportunity in the global in-vehicle Ethernet system market.

Trends: Increasing adoption of smartphones, tables and smart watches with vehicle apps is the latest trend in the global in-vehicle Ethernet system market.

Global In-vehicle Ethernet System Market: Segmentation

Global In-vehicle Ethernet system market is segmented on the basis of automotive Ethernet type, vehicle type & region. On the basis of automotive Ethernet type, the global in-vehicle Ethernet system market is segmented into one pair Ethernet –OPEN, energy efficient Ethernet, power over Ethernet-PoW and gigabit Ethernet –GIG-E. On the basis of vehicle type, the global in-vehicle Ethernet system market is sub-segmented into passenger car, light commercial vehicle and heavy commercial vehicle. On the basis of region, the global In-vehicle Ethernet System market is segmented into the Asia Pacific, Western Europe, Eastern Europe, Middle East & Africa, North America, Latin America and Japan.

Global In-vehicle Ethernet System Market: Region-wise Outlook

North America is currently leading in terms of market share contribution to the global in-vehicle Ethernet system market revenue, with increasing deployment of smart infotainment application systems in vehicles. Asia pacific market is expected to witness significantly fast revenue growth in future, primarily due to low penetration levels of electronic assist vehicle and developing consumer’s interest towards adoption of smart featured vehicles. In Western Europe, the in-vehicle Ethernet system market in Germany is expected to exhibit relatively higher growth as compared to markets in other countries in the region owing to the government electric mobility initiative in the region.

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Global In-vehicle Ethernet System Market: Key Players

Vector Informatik GmbH,
Broadcom Limited,
DASAN Network Solutions,
Bosch Rexroth
B&R Automation
Ruetz system solutions gmbh

Chickpea Flour Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

About Food Market Division at FMI

Cultures Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

As per the report by Future Market Insights (FMI), the global cultures market is expected to witness moderate growth, registering a CAGR of 4.1% during the forecast period 2016-2026. By the end of 2026, the global Cultures Market generated sales of nearly USD 1.3 billion in 2022.

A substantial increase in the food-borne diseases worldwide is driving the demand for microbial food cultures. Microbial food cultures such as fungi, bacteria, and mould are largely used by food processing companies. They help in preserving food, remove toxic compounds, thereby ensuring food safety. The organisms used in food cultures also offer health benefits to fermented food products. Also, with the increasing population of health conscious customers, the demand for probiotic and functional food is also increasing. Moreover, increasing demand for antibiotics to fight various microbial infections is fueling the growth of the global cultures market.

Advanced technologies are used by companies for the production of microbial food cultures under strict controlled conditions. Governments of various countries have also introduced regulations based on the characteristics and use of the microbial food cultures. The freeze-dried microbial food culture is also gaining traction in the global cultures market. Freeze-drying produces superior quality culture by providing long-term storage and also helps in retaining the intact structure of the food cultures. This also helps in supply-chain of food products as it increases shelf-life of the product.

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Key Highlights In The Global Cultures Market

The global cultures market is segmented on the basis of application, product type, and region. The product type is further segmented into starter, adjunct, probiotic, and other product types. Among the give product types, a starter is expected to see the highest growth during the forecast period. The starter segment is estimated to bring in more than US$ 455,900 million revenue by the end of 2026.

Based on the application, the global cultures market is segmented into beverages, Sauces, dressings, and condiments, bakery & confectionery, dried processed food, sweet & savoury snacks, frozen and chilled processed food, and other applications. Among these, bakery & confectionery segment is expected to be the fastest growing segment in terms of the application during the forecast period 2017-2026. By the end of 2026, bakery & confectionery is estimated to surpass US$ 366,600 million revenue.

Geographically, the global cultures market is segmented into Japan, Europe, Latin America, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA), and North America. Europe is expected to witness significant growth during the forecast period. Germany, France, Russia, and the U.K., are anticipated to witness the highest growth in the region. Increasing demand for fermented and probiotic foods, the resulting in the use of microbial food cultures to preserve the food for a long time. Availability of advanced technology and infrastructure is also helping in the research and development of food cultures.

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Competition Tracking

Some of the key companies in the global cultures market include Cargill, Chr. Hansen, DuPont, Royal DSM, Tate & Lyle, Kerry Group, Ashland Inc, Ingredion, Naturex, KF Specialty Ingredients, and Evonik.

Region:

North America
Latin America
Europe
Japan
APEJ
MEA

Product Type:

Starter
Adjunct
Probiotic
Other types

Application:

Beverages
Sauces, dressings, and condiments
Bakery & Confectionery
Dried Processed Food
Sweet & Savoury Snacks
Frozen and Chilled processed food
Other Applications

Infection Prevention Market is projected to rise at a CAGR of 4.2% during 2021 – 2031

[250 Pages] According to a recent study by Future Market Insights (FMI), sales of infection prevention products are expected to top US$ 37.4 Bn in 2021, at a CAGR of over 4.2% during the forecast period (2021-2031).

Rising cases of infectious diseases caused due to the pathogenic organisms such as bacteria, fungi, viruses and other parasitic organism are improving the adoption of infection preventing products.

As reported by the Centre for Disease Control and Prevention (CDC) in 2018, infectious disease is the third most leading cause of death in the U.S. followed by other infectious diseases such as tuberculosis (9,025 cases), salmonella (60,99 cases), Lyme disease (33,666 cases), meningococcal disease (327 cases) and parasitic diseases (15.5 Mn cases).

Several other factors such as rising incidence of infections acquired while in hospital (often called as Hospital Acquired Infections or HAI), large number of surgical procedures, and increasing cases of chronic diseases among geriatric population have led to higher emphasis on maintaining proper hygiene and cleanliness.

Sudden outbreak of pandemic increased the number of patients in hospital during the FQ-20, elevating the risk of viral transmission amongst them. This in turn has created the demand for infection preventing and controlling options such as the use of hand sanitizers, disinfectants and other such products.

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Increase in sales of these infection prevention products is expected to boost the infection prevention market growth in near future. The market registered spike in demand for infection preventive products, especially in emerging economies such as India.

As per Future Market Insights, the India infection prevention market registered highest growth across South Asia, reaching US$ 17.29 Bn in 2021.

Additionally, companies manufacturing infection prevention products have been focusing on developing eco- friendly and sustainable bio-based products with superior efficacy. Drive towards sustainability is expected to strengthen infection prevention market, creating worthwhile opportunities for growth.

Increasing ageing population worldwide has resulted in higher focus on proper hygiene and self-care solutions due to the rise in chronic diseases and onset of COVID-19. Furthermore, increase in consumer spending, improved healthcare infrastructure, rising government and industry investments in research and development activities will create demand for infection prevention product.

Based on the aforementioned factors, Future Market Insights (FMI) estimates that the market is expected to create absolute $ opportunity, exceeding more than US$ 56.39 Bn by 2031-end.

Key Takeaways from Infection Prevention Market Study

By product, sterilization equipment is the most lucrative segment in terms of revenue and is anticipated to grow at a CAGR of more than 4.9% during 2021-2031.
Based on end-user, hospitals and clinics segment is leading the market and expected to gain more than 42% of revenue share through 2031.
The U.S. is expected to dominate the global infection prevention market in terms of revenue in 2021, followed by the U.K. and Germany.
India is expected to be the most lucrative market in terms of revenue across South Asia, accounting for over 50% of market value share in 2021.
China holds leading position in East Asia and is expected to account for nearly 48% of market share.

“Backed by the unprecedented outbreak of COVID-19, demand for infection preventing products is increasing. Key players are introducing products made from sustainable and eco-friendly materials to gain competitive edge,” says the FMI Analyst.

Who is Winning?

Some of the leading manufacturers of infection prevention products are focusing on new product development, clinical trials, speedy regulatory approvals, exclusive marketing and distribution licensing agreement strategies, thereby enhancing their market presence.

In 2021, a new 3M™ Clean & Protect Certified Badge Program was launched by 3M company. A new comprehensive system designed for effective cleaning and disinfecting solution that cleans, monitors and protects the facilities.
In July 2020, Reckitt Benckiser Group PLC in partnership with water.org made provisions for improved access to safe, clean water in Kenya. In the same month, the company received the EPA approval for the first surface disinfectant products tested on the SARS-COV-2 virus.
In 2021, Metrex collaborated with Solvay for chemical resistance testing of widely-used disinfectants in healthcare settings.

The key market players covered by FMI include Cantel Medical, Getinge AB, STERIS, ASP (Advanced sterilization Products), Sotera Health, 3M, Ecolab, Halyard Worldwide, Inc. (Halyard health), Matachana Group, Belimed, Inc., Pal International, Reckitt Benckiser Group PLC., Metrex Research, LLC., Terumo Corporation, Ahlstrom Munksjo and Ansell Ltd.

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-13950

Infection Prevention Market by Category

By Product:

Sterilization Equipment
- Low Temperature Equipment
  - Ozone Sterilizers
  - Hydrogen Peroxide Sterilizers
  - Formaldehyde Sterilizers

Disinfectors
- Washer Disinfectors
- Endoscope Repressors
- Flusher Disinfectors
- Surface Disinfectants
- Hand Sanitizers
Consumables
- Sterilization Supplies
  - Sterile Containers
  - Sterilization Wrap
  - Sterilization Indicators

Plug-in Hybrid Electric Vehicles (PHEV) Market Focusing on Current Trends, Leading with Top Key Players

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Plug-in Hybrid Electric Vehicles (PHEV) Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2015 along with the key takeaways over the forecast period 2016 to 2026.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-1537

Global Plug-in Hybrid Electric Vehicle Market Players:

The major players identified for the global Plug-in Hybrid Electric Vehiclemarket include Daimler AG, General Motors Corporation, Toyota Motor Corporation, Mitsubishi Motors Corporation, BYD Auto Co. Ltd., Volkswagen AG, BMW AG, Honda Motor Co. Ltd., and Hyundai Motor Company among others. The companies are emphasizing on research & development and new product development in order to cater the growing demand for plug-in hybrid electric vehicles. Many automotive OEMs are launching their new plug-in hybrid electric vehicles in the market. For example, BMW launched its new plug-in hybrid electric vehicle BMW X5 in 2016. Other plug-in hybrid electric vehicles available in the market are Toyota Prius, Cadillac ELR, Chevrolet Volt, Porsche Panamera, Porsche 918 Spyder, Ford C-Max, Ford Fusion, Mercedes-Benz S-Class, BMW i8, Opel Ampera, Volkswagen Golf, and others

Global Plug-in Hybrid Electric Vehicle Market Segmentation:

The global Plug-in Hybrid Electric Vehicle market is segmented on the basis of vehicle type, technology, and region.

The global Plug-in Hybrid Electric Vehicle Market is segmented on the basis of Vehicle Type

passenger car
light commercial vehicle.

The PHEV market is also segmented on the basis of Technology:

series
parallel
series-parallel

The global Plug-in Hybrid Electric Vehicle market is segmented on the basis of region as

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan (APEJ)
Japan
The Middle East and Africa (MEA)

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-1537

Queries Solved

What is the size of the overall Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market and its segments?
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What are the key drivers, restraints, opportunities, and challenges of the Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market, and how they are expected to impact the market?
What are the attractive investment opportunities within the Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market?
What is the Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market?
What are the recent trends in Plug-in Hybrid Electric Vehicles (PHEV) Market in the Automotive Market? (M&A, partnerships, new product developments, expansions)?
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Market Background

Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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