Market Research Blog – Page 1528 – New Product Development

Industrial & Institutional Cleaning Chemicals Market Poised for Significant Growth Through 2033

The global market for industrial and institutional cleaning chemicals is projected to reach a value of USD 76.7 billion in 2023, driven by increasing demand for effective cleaning and sanitation solutions across various industries. With a compound annual growth rate (CAGR) of 7.5% from 2023 to 2033, the market is expected to nearly double, reaching an estimated value of USD 158.1 billion by the end of 2033. This growth is fueled by heightened awareness of hygiene standards, stringent regulatory requirements, and the ongoing need for specialized cleaning products in healthcare, hospitality, and manufacturing sectors.

Key Takeaways:

The global industrial & institutional cleaning chemicals market is estimated to register a CAGR of 5% with a valuation of US$ 158.1 billion by 2033.
The United States is anticipated to dominate the global market by capturing a share of 1% by 2033.
Germany is estimated to secure a share of 2% in the global market during the forecast period.
With a share of 5%, Japan is significantly driving the global market.
Australia is estimated to register a CAGR of 1.2% in the global market by 2033.

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Top Trends and Opportunities in the Global Market

Various trends and opportunities influence the global market. Here are some trends and opportunities to consider:

Eco-friendly and Sustainable solutions: The industry has been witnessing a growing demand for environmentally friendly and sustainable cleaning chemicals. Consumers, corporations, and governments have been increasingly concerned about the environmental impact of cleaning products, leading to a shift towards greener alternatives.
Automation and Robotics: The adoption of automation and robotics in cleaning processes has increased. Industrial and institutional cleaning companies are exploring ways to improve efficiency and reduce labor costs by incorporating automated cleaning systems.
Green Certifications and Standards: Many cleaning chemical manufacturers have sought green certifications and labels to cater to the demand for eco-friendly products. These certifications assure customers that the products meet specific environmental standards.
Customization and Specialization: Clients in various industries seek cleaning solutions tailored to their specific needs. Industrial and institutional cleaning chemical companies are adapting by offering specialized products and services for different applications, such as healthcare, food processing, and hospitality.
Digitalization and Data-Driven Solutions: The industry has been exploring ways to leverage technology to enhance efficiency and optimize cleaning processes. Data-driven solutions, IoT devices, and predictive analytics are integrated into cleaning operations to monitor performance and schedule maintenance.

Opportunities in the Industrial & Institutional Cleaning Chemicals Market:

Developing Markets: Emerging economies and regions with rapid industrialization and urbanization present significant industrial and institutional cleaning chemical market opportunities. As more businesses and institutions are established, the demand for cleaning solutions is likely to increase.
Biodegradable and Non-toxic Formulations: There is a growing market for biodegradable and non-toxic cleaning chemicals. Companies that can develop effective and safe formulations may find substantial opportunities in this segment.
Collaboration and Partnerships: Collaborating with industrial and institutional clients to understand their specific cleaning needs can lead to opportunities for custom solutions and long-term partnerships.
Integration of the Internet of Things and Artificial Intelligence: Integrating the Internet of Things devices and artificial intelligence can lead to advanced monitoring and optimization of cleaning processes, providing opportunities for companies to offer cutting-edge solutions.
Value-added Services: Additional services like training, consulting, and maintenance of cleaning equipment can help cleaning chemical companies differentiate themselves and add value for their clients.

Global Industrial & Institutional Cleaning Chemicals Market Key Players

Procter & Gamble
BASF SE
Clariant
The Clorox Company, Inc.
Henkel AG & Co. KGaA
3M
Kimberly-Clark Corporation
Reckitt Benckiser Group plc
Croda International PLC
Albemarle Corporation
Eastman Chemical Corporation
Huntsman International LLC
STEPAN Company
Westlake Chemicals Corporation

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Industrial & Institutional Cleaning Chemicals Market by Segmentation

By Raw Material:

Chlor-alkali
Surfactant
Solvents
Phosphates
Biocides
Others

By Product Type:

General Purpose Cleaners
Disinfectants and Sanitizers
Laundry Care Products
Vehicle Wash Products
Others

By End Use Verticals:

Commercial
Manufacturing

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Global Multigrain Premix Market is Expected to Hit USD 483.3 Million with a 7.8% CAGR by 2032

According to a recent report by Future Market Insights, multigrain premix market are estimated to reach a valuation of US$ 483.3 Mn by 2032, surging at a 7.8% CAGR through the assessment period.

Due to changing consumer preferences, multi-grain premixes are gaining popularity for use in bakery applications as the bakery industry has been flooded with new products such as gluten-free bakery premix and egg-free premix.

The global food and beverage market is undergoing significant transformations, with snacking, natural ingredients, wellness, and health at the forefront of consumer food preferences. With a strong emphasis on lowering the burden of lifestyle diseases such as diabetes, obesity, and high levels of cholesterol, demand for multi-grain premixes is expected to skyrocket in the near future.

Growing bread and bakery product consumption, particularly in Asian countries, is expected to boost demand for bakery ingredients such as multi-grain premixes. Increasing number of cafés and coffee culture, as well as rising per capita bread consumption in the region, will create opportunities for growth in the market.

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Key Takeaways:

· The multigrain premix market in the U.S is estimated to grow at a CAGR of 7.5% during the forecast period.

· Europe is expected to emerge as one of the most lucrative regions, with sales growing at a 6.1% CAGR over the assessment period.

· Based on source, wheat is estimated to have a larger share in terms of value. After wheat, maize or corn segment shares the second largest share in terms of value.

· By end use applications, bread holds the largest share in terms of value followed by biscuits and cookies.

· Sales of conventional multigrain premix will increase at a 7.5% CAGR though 2032.

“Given the growing prevalence of gluten intolerance among consumers, manufacturers are introducing gluten-free variants of multigrain premixes to improve sales,” says an FMI analyst.

Competition Landscape

Some of the key multigrain premix manufacturers include DSM, Midas Foods Pvt. Ltd., Puratos Group, Suntrails Foods, KOMPLET International, Swiss Bake Ingredients Private Limited, AB Mauri, and Sonnenveld.

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Future Market Insights, in its new offering, provides an unbiased analysis of multigrain premix presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the multigrain premix based on Nature (Organic, Conventional), By Source (Wheat, Sorghum, Oats, Quinoa, Rye, Barley, Maize/Corn, Pulses) By Distribution Channel (Direct Sales, Indirect Sales) by End-User (Bars and Crackers, Bread, Biscuits and Cookies, Brownies and Cakes, Sweet goods) and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Extensive Market Research: Complete Report and Findings

Segments:

By Nature:

Organic
Conventional

By Source:

Wheat
Sorghum
Oats
Quinoa
Rye
Barley
Maize/Corn
Pulses

By Distribution Channel:

Direct Sales
Indirect Sales

By End-User:

Bars and Crackers
Bread
Biscuits and Cookies
Brownies and Cakes
Sweet goods

By Region:

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

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Robust Growth Forecast in Refrigeration Oil Market, Projected to Hit USD 2.3 Billion by 2033

The global refrigeration oil market is projected to reach a valuation of USD 2,332.9 million by 2033, driven by robust growth in demand across various industries. With a compound annual growth rate (CAGR) of 4.9% during the forecast period, this expansion is fueled by the increasing adoption of refrigeration systems in sectors like food and beverage, pharmaceuticals, and chemicals, where efficient cooling solutions are critical. The rise in demand for energy-efficient and environmentally friendly refrigeration technologies also contributes to the growth, as manufacturers focus on enhancing the performance and longevity of refrigeration systems through advanced oil formulations.

The refrigeration oil market plays a crucial role in supporting the efficient and reliable operation of refrigeration systems across various industries. Refrigeration oil is a specialized lubricant specifically formulated for use in refrigeration compressors and other components of refrigeration systems.

The increasing demand for refrigeration and cooling solutions in industries such as food and beverage, pharmaceuticals, chemicals, and HVAC (heating, ventilation, and air conditioning) has propelled the growth of the market. Refrigeration systems are essential for preserving and transporting temperature-sensitive products, and the proper lubrication of compressors is crucial for their optimal performance.

The growing focus on energy efficiency and environmental sustainability has influenced the refrigeration oil market. Manufacturers are developing refrigeration oils that offer excellent lubrication properties, thermal stability, and compatibility with modern refrigerants.

Additionally, the increasing demand for frozen and packaged food products has driven the growth of the refrigeration oil market. The global food trade has expanded, and perishable food products need to be transported and stored under controlled temperature conditions.

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HFCs (hydro-fluorocarbons) hold a significant share of 36.3% in the refrigeration oil market, reflecting their widespread use as refrigerants in various cooling and refrigeration systems. Refrigeration oils specifically formulated for HFC-based systems offer excellent lubrication properties, thermal stability, and compatibility with HFC refrigerants. The demand for refrigeration oil is closely linked to the adoption of HFCs, driven by increasing environmental regulations and the focus on sustainable refrigeration solutions.

Refrigerators and freezers hold a substantial share of 31.5% in the application of refrigeration oil market, reflecting their extensive usage in both residential and commercial sectors. Proper lubrication with refrigeration oil is essential for the efficient and reliable operation of refrigeration systems in these appliances.

The USA is expected to hold a prominent value share of 15.3% in the refrigeration oil market in 2022. Ongoing investments and development in industries such as automotive, oil and gas, pharmaceuticals, and infrastructure contribute to the demand for refrigeration systems and refrigeration oil in the country.

Germany is projected to hold around 6.1% of the demand share in the Europe refrigeration oil market. The country’s extensive spending on drug development and the expansion of the healthcare system and pharmaceutical industry contribute to the demand for refrigeration systems and refrigeration oil.

Recent Developments

ExxonMobil, an oil and gas company, and Qatar Energy, a petroleum company, announced in June 2022 that they had signed an agreement to further develop Qatar’s North Field East project, which will increase the country’s annual LNG capacity from 77 million tonnes to 110 million tonnes by 2026.

Shell plc, an oil and gas company, agreed to sell IKAV its 100% stake in Shell Onshore Ventures LLC, which owns a 51.8% stake in Aera Energy LLC, a natural gas and oil exploration and production company, for approximately US$ 2 billion in cash and additional contingent payments based on future oil prices, in September 2022.

Key Companies Profiled

ExxonMobil Corporation
Shell Plc
Idemitsu Kosan Co., Ltd.
MEIWA CORPORATION
CPI Fluid Engineering (Part of The Lubrizol Corporation)
FUCHS Lubricants (Part of FUCHS Petrolub SE)
Chevron Phillips Chemical Company LLC
Performance Chemicals (Division of BASF SE)

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Key Segments Covered in the Refrigeration Oil Market Report

By Product Type:

Mineral Oil
Synthetic Oil
- Polyol Ester
- Poly Alpha Olefin
- Alkyl Benzene
- Polyethylene Glycol
- Polyvinyl ether
- Others (Phenol Propoxylate oil)

By Refrigerant Type:

Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others

By End User:

Industrial
Commercial
Residential
By Application:
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others (Ice Machines etc)

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

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India Online Grocery Market Globally to Achieve USD 6.8 billion Valuation with a 7.8% CAGR by 2033

The India online grocery market size is projected to surpass US$ 3.2 billion in 2023 and is estimated to reach a valuation of US$ 6.8 billion by 2033. The India online grocery market share is projected to thrive at a CAGR of 7.8% from 2023 to 2033.

In Indian cities, the trend toward urbanization has produced more stressful lives. The need for quick shopping options has increased as more individuals move to cities in search of employment. Online grocery shopping is a great fit for the urban lifestyle since it eliminates the time and effort required for commuting and traversing busy stores.

The use of smartphones and internet penetration have significantly increased in India. They are more at ease with online transactions as more individuals have access to digital devices and steady internet connections. A wider demographic now has access to grocery shopping due to the advent of mobile apps and user-friendly websites.

Businesses in the Indian online grocery market have made significant investments in supply chain management, logistics, and technology. Improvements in the entire shopping experience as a result of these efforts include quicker delivery times, improved user interfaces, and the application of artificial intelligence for tailored product recommendations.

“Some businesses in the online grocery industry have embraced omnichannel tactics, fusing their online and offline presences. Customers can pick between online and in-store purchasing using this strategy, providing flexibility and accommodating a range of tastes. With choices like click-and-collect services, it also contribute to the maintenance of a seamless shopping experience.”—opines our key market analyst.

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Key Takeaways from the India Online Grocery Market Report:

In 2018, the market stood at US$ 1.48 billion.
In 2022, the market stood at US$ 2.0 billion.
The snacks & beverages segment occupies nearly 28.90% of the market shares in 2023.
Online payment method is highly preferred, occupying 67.9% of the market shares in 2023.
North India leads the market in terms of sales and growth.

Recent Developments Observed by FMI:

High-end grocery retailer Namdhari’s Agro Fresh Pvt. Ltd. announced in July 2023 that it is looking to raise between US$ 20 million and US$ 30 million as it attempts to grow beyond South India.
In December 2022, BigBasket raised an extra US$ 200 million through financing, bringing its total value as a Tata Digital-owned online supermarket to US$ 3.2 billion. Tata Digital, which owns 64% of the Bengaluru-based company, was joined by additional investors in the financing round.

Note from the Leading Analysts:

“The Indian online grocery market is expected to experience growth in the next years due to changing customer preferences, technical developments, and a commitment to satisfying the needs of an expanding urban population. Online grocery platforms’ convenience, a wide range of products, and affordable prices correspond to Indian consumers’ shifting expectations. To take advantage of the growing prospects within this dynamic industry, market stakeholders are encouraged to keep investing in innovation and customer-centric solutions,” says an FMI analyst.

India Online Grocery Market Segmentation

By Product Type:

Fresh Produce
Breakfast & Dairy
Snacks & Beverages
Meat & Seafood
Staples & Cooking Essentials
Others

By Payment Method:

Online
Offline (Cash on Delivery)

By Region:

South India
North India
East India
West India

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Rising Demand for Electricity Fuels Growth in Electrical Steel Market: Reach USD 44.3 Billion by 2033

The global electrical steel market, valued at USD 42,135.7 million in 2023, is projected to reach USD 44,326.7 million by 2033, growing at a CAGR of 6.5% over the decade. This growth is driven by the rising demand for electricity across key sectors such as energy, automotive, and manufacturing. As these industries continue to expand and modernize, the need for efficient and high-performance electrical steel, which plays a critical role in transformers, motors, and generators, is expected to increase significantly, fueling the market’s steady growth.

The emphasis on energy efficiency and the rapid expansion of the renewable energy sector contribute to the heightened demand for electrical steel products. Moreover, the ongoing advancements in electrical infrastructure, such as the modernization of power grids and the development of smart cities, bolstered the need for high-quality electrical steel.

The industry faces several challenges, including fluctuating raw material prices, which can significantly impact the production costs of electrical steel. Additionally, the emergence of alternative materials, such as aluminum and plastics, threatens the demand for electrical steel. Stringent environmental regulations and compliance requirements also hinder the industry’s growth, as adherence to these standards can increase manufacturers’ operational costs.

With the increasing emphasis on sustainable energy solutions, investing in new technologies for the production of eco-friendly electrical steel presents a promising avenue for growth. Expanding into emerging markets, particularly in regions witnessing rapid industrialization and infrastructural development, offers significant market penetration and expansion potential.

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Focusing on niche markets, such as high-performance electrical steel applications, could provide a competitive edge for industry players. The industry is witnessing a shift toward the development of high-performance electrical steel products that offer enhanced magnetic properties and energy efficiency. This trend is largely driven by the increasing demand for advanced electrical steel to produce transformers and motors.

“There is a growing emphasis on the adoption of sustainable manufacturing practices, encouraging the integration of eco-friendly processes and materials in the production of electrical steel.” – Says Lead Analyst.

Key Takeaways from the Electrical Steel Market:

Grain-oriented electrical steel dominates the industry, with a significant market share of 51.7% in 2023.
Motors emerged as the top application type, capturing a substantial market share of 45.6% in 2023.
The United States maintains a resilient position in the electrical steel market with a projected CAGR of 5.40% through 2033.
Canada’s electrical steel market is expected to witness a steady CAGR of 6.10% through 2033.
Germany sustains its growth momentum with a robust CAGR of 6.00% through 2033 in the electrical steel market.
Italy exhibits a steady CAGR of 5.10% through 2033 in the electrical steel industry.
France showcases a notable CAGR of 7.00% through 2033 in the electrical steel market.
The United Kingdom maintains a robust CAGR of 6.50% through 2033 in the electrical steel industry.
Spain sustains its growth trajectory with a stable CAGR of 5.60% through 2033 in the electrical steel market.
China’s demand for electrical steel is rising, with a projected CAGR of 7.20% through 2033.
India’s adoption of electrical steel is expected to rise at a CAGR of 8.20% through 2033.
Japan’s electrical steel industry projects a CAGR of 6.30% through 2033.
The demand for electrical steel in ASEAN is projected to rise at a CAGR of 7.40% through 2033.
Australia and New Zealand (ANZ) demonstrate an expected CAGR of 6.20% in the electrical steel market through 2033.

Competition Outlook of the Electrical Steel Market

The electrical steel market is marked by intense competition among key players striving to secure their positions and expand their market share. Key market players, including ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, JFE Steel, POSCO, ThyssenKrupp, NSSMC, AK Steel, Baosteel, TATA Steel, and Masteel are actively engaged in various strategic initiatives to maintain their competitive edge and meet the evolving demands of the industry.

These companies are focusing on crucial strategies such as investing in research and development to develop innovative electrical steel products, expanding their global presence to tap into new markets and broaden their customer base, and emphasizing superior customer service to build and maintain strong relationships with their clientele.

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Key Segmentation in the Electrical Steel Market

By Product Type:

Grain-oriented Electrical Steel
Non-grain Oriented Electrical Steel
- Fully-processed
- Semi-processed

By Application:

Inductors
Motors
- 1 HP to 100 HP
- 101 HP to 200 HP
- 201 HP to 500 HP
- 501 HP to 1000 HP
- Above 1000 HP
Transformers
- Transmission
- Portable
- Distribution

By End Use:

Automobile
Manufacturing
Energy
Household Appliance
Others (Construction, Fabrication)

By Region:

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

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Confectionary Fillings Market Worldwide Projected to Grow to USD 1.92 Billion with a CAGR of 4.8% by 2032

Holding a worth USD 1,200 Million in 2022, the worldwide market for confectionery fillings market is supposed to show a CAGR of 4.8% while gathering USD 1,917.8 Million by 2032. The development of the market can be credited to the developing prominence of sweet shops and evolving ways of life.

Confectionery fillings are a valuable product of various sweets. Due to the hectic schedule, consumers are more dependent on confectionery products, as it takes less time to prepare. Confectionery fillings are used in various types of applications including cookie, cake & muffins, chocolates, etc. which provide the product texture, sweetness, and flavor.

Major confectionery fillings companies offer various filling ranges such as fast-melting fillings, organic fillings, caramel fillings and many other fillings. The confectionery fillings are often liquid, semi-liquid or in solid form, and the viscosity of fillings is controlled by the texturizing agents, crystal, and dry substances in the products.

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Global Confectionery Fillings Market: Market Dynamics

The key factors which drive primarily the growth of the global confectionery fillings market are the significantly growing demand for flavored food and quickly prepared healthy food across the globe. The macroeconomic factors which drive the confectionery fillings market are the rapid rate of urbanization globally along with emerging countries such as China, Brazil, and India. Moreover, robust growth in working women is one of the major factors which drive the global confectionery fillings market over the forecast period.

Another factor that drives the global confectionery fillings market is the rapidly growing chocolate industries across the globe. The key restraining factor of the global confectionery filling market is to gain high fat, and more calories along with increasing chances of obesity and diabetes which hinders the market to grow in the forecast period. Moreover, high innovation in flavor and blends along with the high demand for organic and specialty in fillings will create opportunities in the forecast period.

Global Confectionery Fillings Market: Regional Outlook

Based on geographies, the global confectionery fillings market is classified into seven regions such as North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Latin America, Japan and the Middle East and Africa. Among above-mentioned regions, North America captures the high market share in the global confectionery fillings market over the forecast period, owing to the high popularity of nut-based confectionery fillings along with the mixture of candy with nuts across the region. Western Europe accounts the second highest market share followed by Asia-Pacific market.

USA accounts highest market share followed by U.K. and China. The Asia Pacific region is estimated to witness the highest growth rate, owing to rapidly growing population as well as significant demand across this region over the forecast period. India is estimated to see high growth rate after China due to popularity for the vegetable flavors among young demographics across the country. Japan is predicted to showcase high growth rate, attributed to growing demand for chocolates based fillings along with bakery products among young consumers across the region over the forecast period.

MEA is estimated to showcase the moderate growth rate across the region, owing to growing chocolate industries majorly in GCC countries such as UAE, Saudi Arabia. Brazil is predicted to witness high growth rate across Latin America region due to high demand for fruit-based confectionery fillings along with ice cream fillings across the region.

Global Confectionery Fillings Market: Key players

Few key players of the global Confectionery Fillings market are Parker Products, Prosto Petro Group., Fuji Oil Europe, BARRY CALLEBAUT, Domson, Belgo Star, Clasen Quality Coating, Toje, Sirmulis, AAK, Alsino, Zentis, Cargill and many other key market players.

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

The report covers exhaust analysis on:

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

Global Confectionery Fillings Market: Market Segmentation

The global confectionery fillings market can be segmented by form type, product type, application type, distribution channel type and region type.

Based on the product type, the global Confectionery Fillings market is classified into the followings:

Fruit Fillings
Non-fruit fillings
Nut-based fillings

Based on the application type, the global Confectionery Fillings market is classified into the followings:

Adding texture
Flavoring
Decorating
For Baking
others

Based on the Form type, the global Confectionery Fillings market is classified into the followings:

Liquid
Semi-liquid
Solid

Based on the distribution channel type, global Confectionery Fillings market is classified into the followings:

Wholesaler/Distributor
Modern Trade
Convenience Stores
Online Sales
Other Sales Channel

Thorough Market Evaluation: Full Report

Report Highlights:

Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Global Antimicrobial Additives Market to Reach USD 20.8 Billion by 2033, Driven by 8.0% CAGR

Between 2023 and 2033, the global antimicrobial additives market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 8.0%. This surge is expected to bring the market to an estimated value of USD 20,809.5 million by the end of the forecast period. The increasing demand for antimicrobial additives is driven by their extensive use across diverse industries such as healthcare, packaging, and construction, where they are essential in preventing the growth of harmful microorganisms and extending the lifespan of products. This broadening application underscores the critical role these additives play in enhancing both product safety and durability.

Increasing consumption of antimicrobial additives in food and beverage sector is a key factor driving the global market. Subsequently, rising adoption of antimicrobial-protected products for reducing the risk of infections and improving safety will boost the market.

Antimicrobial additives have become essential solutions for inhibiting growth of microbes. They extend the shelf life of products and reduce the risk of disease spread. As a result, they are being increasingly used in consumer products such as clothing, packed food items, etc.

Growing usage across sectors such as healthcare, food & beverages, automotive, electronics, etc. is expected to fuel antimicrobial demand during the assessment period.

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Antimicrobial additives find application in the healthcare sector to create a sterile environment in hospitals. They are used in numerous medical products including ventilators, examination tables, and hospital beds to reduce the spread of infections.

Rising demand for medical devices containing antimicrobial substances will bolster sales in the global market through 2033.

Regionally, North America remains the leading consumer of antimicrobial additives owing to the high demand for safe consumer items and rising awareness & consumer preference for antimicrobial products.

Prominent manufacturers of antimicrobial additives are focusing on expanding their customer based and footprints by acquired local players and launching new innovative products. They are investing rigorously in research and development to meet the regulatory standards and find newer applications for the same.

Key Takeaways from the Antimicrobial Additives Market Report:

The global market of antimicrobial additives is projected to expand at 0% CAGR between 2023 and 2033.
By product type, the inorganic segment is expected to remain a prominent segment accounting for over 60% of the overall market.
By application, hygiene chemicals segment is expected to account for around one-fourth of the global antimicrobial additives consumption.
The United States antimicrobial additives market is poised to thrive at 4% CAGR through 2033.
Antimicrobial additive demand in China is forecast to increase at 6% CAGR from 2023 to 2033.

“The market for antimicrobial additives has the potential for significant growth because there is an increasing demand for products that are capable of self-cleaning and can prevent the spread of harmful microorganisms. This in turn will create a plethora of opportunities for antimicrobial additive manufacturers.” – says a lead analyst at FMI

Competitive Landscape

The global antimicrobial additives market is moderately consolidated with key players holding around 33% to 38% of the market share. BASF SE, Lanxess AG, DuPont de Nemours, Inc., Ecolab, Inc., Solvay S.A., and others are the leading antimicrobial additive manufacturers profiled in the comprehensive version of the report.

Key players are certainly focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. They are also investing significantly in acquisitions to curb their competition. For instance,

In 2022, to strengthen its antimicrobial additives portfolio, Polygiene acquired the SteriTouch business of Radical Materials.

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Leading Players in the Antimicrobial Additives Market

BASF SE
Solvay S.A.
Ecolab Inc.
Lanxess AG
Clariant AG
Evonik Industries AG
Huntsmann Corporation
DuPont de Nemours, Inc.
Ashland Inc.
Aviant Corporation
Sanitized AG
Croda International Plc.
Addmaster Limited
Microban International
RTP Company
Novapura AG
Blend Colours Pvt. Ltd.
Miliken

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On-The-Go Yoghurt Market Trends: Growth Potential and Industry Forecasts to 2032

On-The-Go Yoghurt Market is anticipated to increase a CAGR of 6.4% (2022-2032), reaching a value of about US$ 82,702.4 Mn by 2032.

An increasingly busy and hectic lifestyle is a major factor driving demand for healthy on-the-go products including on-the-go yogurt which offers nutrients, vitamins, and calcium for a healthy lifestyle. On-the-go yogurt is available in various packaging such as pouches, bottles, cups, etc. which makes it popular amongst children as well as working professionals.

Growing demand for on-the-go yogurt is also responsible for the growing packaging industry which manufactures novel packaging for yogurts and makes it easy for consumers to take it on the go. An increasing number of working women is also becoming a major market driver for increasing demand of on-the-go yogurt for fulfilling the requirement of vitamins and other nutrients.

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Market Segmentation:

On-the-go yogurt market is segmented on the basis of packaging type such as pouch, bottle, cups, etc. According to the convenience of consumers on-the-go yogurt is packed in variety of packaging which makes it easy for consume. On-the-go yogurt is available for kids mainly in pouch in number of retail shops and supermarket/ hypermarkets. Bottle and cup packaging for on-the-go yogurt is mainly used by working professionals or in the house for daily consumption.

On-the-go yogurt market is further segmented on the basis of its type as flavored and non-flavored. Consumption trend for on-the-go yogurt in flavored form is more as compared to non-flavored on-the-go yogurt as a result of improved taste and flavor. Thus market demand for flavored on-the –go yogurt segment is higher. Manufacturers are increasing production of flavored on-the-go yogurt to cater with growing demand in global market.

On-the-go yogurt market is segmented on the basis of distribution channel as supermarket/ hypermarket, retail shops, online shops and others. Due to increasing busy and hectic lifestyles consumers are preferring online shopping to save time and hence mans are making product available through various online channels. Supermarkets/ hypermarkets and retail shops are distribution segments growing rapidly as compared to online stores for on-the-go yogurt market as a result of easy availability and convenient buying options.

Market Regional Outlook:

On the basis of regions, the On-the-go yoghurt market has been segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan, Japan, Middle East and Africa. As a result of increasing number of health conscious consumers in the regions North America and Europe on-the-go yogurt market is gaining traction. Europe is leading consumer of on-the-go yogurt followed by North America. Increasing number of milk-based product factories and investments by global players in growing their production base in Asia Pacific region, is factor expected to drive significant growth of on-the-go yogurt market over the forecast period. China and India are leading countries in Asia Pacific for the consumption of on-the-go yogurt.

Market Drivers and Trends:

Increasing awareness of health benefits associated with it on-the-go yoghurt is trending in global market. On-the-go yogurt contains calcium, vitamins and other beneficial nutrients which makes it popular in health conscious consumers. Easy availability of on-the-go yogurt in retail shops, supermarket/ hypermarkets is also one of the factor driving market demand. Increasing number of consumers with busy and hectic lifestyles is factor driving market demand for on-the-go yogurt in working professionals.

On-the-go yogurt is available in different flavours which makes it popular in children for healthy consumption in turn fueling growth of global market. Increasing number of working women and various health benefits associated with yogurt products are other factors expected to contribute to significant growth of the market over the forecast period.

On-the-go yoghurt Market Key Players:

Some of the key players in the on-the-go yoghurt market include Origin Food Group, LLC, The Nemours Foundation, Materne North America Corp., B&G Foods, Inc., Chobani, LLC, Alpro UK (Ltd.), Go Greek Yogurt, Sprout Organic Foods etc.

The report covers exhaustive analysis on:

On-the-go yoghurt Market Segments
On-the-go yoghurt Market Dynamics
Historical Actual Market Size, 2015 – 2016
On-the-go yoghurt Market Size & Forecast 2017 to 2027
On-the-go yoghurt Market Supply & Demand Value Chain
On-the-go yoghurt Market Current Trends/Issues/Challenges
On-the-go yoghurt Players Competition & Companies involved
On-the-go yoghurt Market Technology
On-the-go yoghurt Market Value Chain
On-the-go yoghurt Market Drivers and Restraints

Exhaustive Market Report: A Complete Study

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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Global Data Center Liquid Cooling Market to be Worth USD 15,974.3 Million by 2033: Future Market Insights, Inc.

The global data center liquid cooling market size is likely to exceed a valuation of USD 2,660.1 million in 2023. It is foreseen to attain a valuation of USD 15,974.3 million by 2033. The market is predicted to flourish at a monumental CAGR of 19.6% from 2023 to 2033.

The reliability and performance of IT equipment are significantly impacted by heat. Inadequate cooling may result in system shutdowns, component failures, and performance deterioration. Since liquid cooling systems efficiently disperse heat, the hardware operates at its peak performance and there is a lower chance of thermal-related problems. As a consequence, data center operations have better performance, more dependability, and less downtime.

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Compared to conventional air-cooling techniques, liquid cooling offers several energy efficiency benefits. Liquid cooling reduces energy consumption and allows precise temperature control by directly cooling hot components like CPUs and GPUs. Reduced energy usage, decreased cooling expenses, and eventually cost savings for data center operators are the results of this greater efficiency.

With the addition of high-performance computer hardware and the handling of massive data processing activities, modern data centers are becoming increasingly power-hungry. Due to the increased heat generation as a result, conventional air conditioning techniques find it difficult to properly remove the heat. For more effective heat removal from tightly packed server racks, use liquid cooling.

Data center operators can readily adjust to changing cooling requirements and expand their infrastructure due to the scalability and flexibility that liquid cooling technologies provide. This is crucial since the need for data processing and storage is expanding quickly.

Key Takeaways from Data Center Liquid Cooling Market:

The global data center liquid cooling industry size expanded at a CAGR of 17.5% from 2018 to 2022.
In 2018, the global market size stood at USD 1,180.7 million.
The market size stood at USD 2,254.3 million in 2022.
In 2022, the solution segment by component captured 55.4% shares in the global market.
In 2022, the large data center type segment captured 61.2% shares in the global market.
In 2022, the United States garnered 24.3% of global market shares.
In 2022, the United Kingdom captured 16.5% shares in the global market.

Leading Key Players:

Midas Green Technologies
Rittal
Vertive Holdings
Green Revolution Cooling (GRC)
Schneider Electric

Recent Developments Observed by FMI:

To build East Asia’s premier data center, Nxtra Data Limited, a Bharti Airtel (Airtel) subsidiary, invested INR 600 crores in November 2022.
In Dongguan, China, in May 2022, Huawei released details on the Next-generation Data Center Facility and PowerPOD 3.0, an entirely new power supply system. The most recent rollouts, which are the outcome of the Huawei Data Center Facility Team’s cumulative experience and collaborative efforts with industry experts, attest to Huawei’s commitment to creating intelligent, low-carbon data centers.
Liquid Stack revealed its first two-phase liquid immersion-cooled OCP open accelerator infrastructure (OAI) servers in November 2021 at the Supercomputing Conference in St. Louis. With Liquid Stack’s two-phase immersion cooling technique and Wiwynn’s advanced hardware, processing power, efficiency, and space reductions are at previously unheard-of levels.

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Data Center Liquid Cooling Market Segmentation

By Component:

Services
Solutions

By Data Center Type:

Small & Medium Sized Center
Large Center

By End Use:

Cloud Providers
Colocation Providers
Enterprise
Hyperscale Data Centers

By Region:

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

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Aerial Imaging Market is Projected to Grow at a Strong CAGR of 13.3% through 2032 | Future Market Insights, Inc.

The aerial imaging market is expected to reach USD 10.5 Billion by 2032, up from USD 3.0 Billion in 2022, expanding at a high CAGR of 13.3%. This study explains that Aerial Imaging companies are consistently focusing on developing advanced camera systems for a wide range of imaging applications. This factor is expected to fuel market growth during the forecast period.

Major factors expected to accelerate the growth of the Aerial Imaging Market during the forecast period include a rise in demand for aerial imaging in disaster risk reduction and prevention, the surge in demand for varied commercial applications, and the use of aerial imaging technology in setting up 5G infrastructure.

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Additionally, the adoption of aerial imagery services has increased owing to their various applications such as photogrammetric surveys, development of topographic maps, environmental studies, surveillance, and others. Increased application areas among various verticals, such as agriculture, forestry, energy & resource, and civil engineering. These are some other factors that will propel the market growth over the analysis period.

Key Takeaways from the Aerial Imaging Market Report:

The global aerial imaging market was valued at USD 3.0 Billion by 2022-end
The US to account for the highest value share of USD 3.9 Billion of global market demand for Aerial Imaging Market in 2032
From 2015 to 2021, Aerial Imaging demand expanded at a CAGR of 13.9%
By Application, Geospatial Technology constitutes the bulk of the Aerial Imaging market with a CAGR of 14.2%.

Competitive Landscape:

Players in the global Aerial Imaging Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In January 2022, Iris Automation, Doosan Mobility Innovation (DMI), and Drone America agreed to use Doosan’s hydrogen fuel cell technology to explore the feasibility and opportunities for long-range autonomous unmanned aerial vehicles (UAV).
In December 2021, the US Navy and Boeing initiated the testing phase of the MQ-25 T1 test asset, an unmanned aerial refueler. The first test successfully ensured the possible future integration of unmanned vehicles for refueling purposes in military operations.
In July 2021, senseFly, a leading provider of fixed-wing mapping drones announced the launch of eBee TAC, an advanced fixed-wing Unmanned Aircraft System (UAS) designed for covert tactical mapping operations in security defense and governmental sectors. The eBee TAC provides active field personnel access to reliable and accurate location data and maps, offering field intelligence and situational awareness required to act with confidence and precision across rapidly changing environments.

Leading Key Players:

Terra Flight Aerial Imaging Inc.
Fugro Ltd
Nearmap Ltd.
Eagle View Technologies, Inc.
Digital Aerial Solutions, LLC
Aerial Imaging Productions, LLC

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Know More About What the Aerial Imaging Market Report Covers:

Future Market Insights offers an unbiased analysis of the global Aerial Imaging Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

To understand opportunities in the Aerial Imaging Market, the market is segmented on the basis of application, and end-use industry across five major regions.

Key Segments Covered in the Aerial Imaging Market Study

By Application:

Energy Extraction
Geospatial Technology
Natural Resources Management
Construction & Development
Disaster Response Management
Defense & Intelligence
Conservation & Research
Media & Entertainment

By End Use Industry:

Government
Commercial Enterprises
Civil Engineering Industry
Military
Forestry & Agriculture
Energy Sectors
Insurance

By Region:

North America
South America
Europe
Asia Pacific
Middle East & Africa

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