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RNA-Targeted Small Molecules Market is set to witness a 6.6% growth during the year 2021-2031

RNA-Targeted Small Molecules Market Overview

According to the latest research by Future Market Insights, RNA-Targeted Small Molecules market is set to witness a 6.6% growth during the year 2021-2031.

The market is a fragmented market growing at a slow rate and is anticipated to witness lucrative growth with the rising use of methodologies by major players; the market is projected to grow over the forecast period.

What is Driving Demand for RNA-Targeted Small Molecules

Factors such as development in genome mapping programs, the rising innovative developments, and increasing applications are anticipated to boost the market growth.

Moreover, technological advancements help in the market development. Technological developments has assisted analysts to collect vital information about public health and epidemiology studies, to sequence viruses and bacteria and help find causes that might add to the virulence.

Furthermore, the market is boosted by the advantages of rising number of mRNA-sequencing grants; mRNA-sequencing over traditional technologies; quick development in the precision medicine market; and increasing amount of research including RNA-seq.

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Growing Number of Cancer Cases, likely to Boost RNA-Targeted Small Molecules Sales

Cancer is one of the leading cause of death across the world. As per the American Cancer Society, around 1.8 million new cancer cases were diagnosed and around 606,520 cancer deaths occurred in 2020, in the United States. Hence, rising burden of a wide range of diseases among people, worldwide, is expected to boost the demand for the market.

There has been an increase in the utilization of advanced technologies, like combinatorial chemistry, bioinformatics, and high throughput for better drug candidate detection.

US and Canada RNA-Targeted Small Molecules Market Outlook

The US and Canada RNA-Targeted Small Molecules market is projected to observe a robust growth in the market due to the rise in presence of several cancer-relief organizations and campaigns in the US and Canada.

In addition, US has high opportunities for biosimilars, because biologics hold higher price. By 2021, the US market is expected to be one of the main competitors of biosimilars.

Moreover, beneficial government initiatives and upsurge in number of research partnerships are few of the factors projected to upsurge market growth.

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Europe Demand Outlook for RNA-Targeted Small Molecules

Europe is anticipated to be second most lucrative region for market due to various factors.

The growing patient pool results into a high rate of RNA-targeted small molecules adoption due to the growing number of cancer patients.

In addition, rise in cancer patients, focus on merger and acquisition and funding by the governmental bodies by several major manufacturers is anticipated to lead to RNA-targeted small molecules market growth.

Who are the Key Manufacturers and Suppliers of RNA-Targeted Small Molecules

Some of the leading manufacturers and suppliers of RNA-Targeted Small Molecules include

AstraZeneca,
Pfizer,
Bentham Science,
PharmTech,
Nymirum Inc.,
Accent Therapeutics,
Anima Biotech Inc.
Expansion Therapeutics
Bristol-Myers Squibb,
Novartis and others.

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The market is fragmented with presence of different major players. Technological collaborations and partnerships by the key players in the market with a vision to bridge the demand-supply gap is projected to play a major role in growth of the market.

Globally, they are involved in long term contracts with healthcare organizations, and are comprising into strategic alliances and partnerships with other players in several nations to expand their business.

In addition, key manufacturers are funding extensively in the research and development to produce advanced products.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

RNA-Targeted Small Molecules Market 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

For critical insights, request for PDF Brochure https://www.futuremarketinsights.com/reports/brochure/rep-gb-13901

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.

Contact Us:
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Patient Hygiene Aids Market Important Changes in Industry Dynamics during 2021-2031

Patient Hygiene Aids Market Overview

According to the latest research by Future Market Insights, Patient Hygiene Aids Market is set to experience 6.5% growth during the year 2021-2031. Patient hygiene refers to the practice of maintaining cleanliness of the patient. It includes of sanitizing, washing and cleaning.

The upliftment of maintance of patient hygiene is one of the primary factors leading towards the growth if the global patient hygiene aids market.

What is Driving Demand for Patient Hygiene Aids Market

Hygiene is a series of role performed to preserve health and prevent spread of diseases. Patient hygiene aids market includes of bathing regularly, handling foods, washing hands and sexual cleanliness. Some practices are gender specified. Furthermore, increasing opportunities in developing economies also form a lucrative opportunity for the market upliftment.

Moreover, growing patient hygiene aids health expenditure is also driving the demand for Patient Hygiene Aids Market sales.

Growth in disposable income is Likely to Augment Patient Hygiene Aids Market

Increment in the disposable income also with growing health expenditure in patient hygiene aids market is like to augment the market growth.

Furthermore, growing awareness among people in developed region for enhancement of quality and health of life is attributed to drive the demand for patient hygiene aids market.

For instance, according to National Health Expenditure there was 4.6 % increment in U.S. for patient hygiene aids.

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U.S. and Canada Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Patient Hygiene Aids Market. This region is showing momentous growth over the forecast period.

Growing technological advancements and increasing population base along with growing disposable income will further augment the market growth in patient hygiene aids market in this region.

For instance, growing population along with increasing acceptance of personal hygiene have further lead to the increased usage of hygienic products and therefore significantly drive the patient hygiene aid market.

Europe Demand Outlook for Patient Hygiene Aids Market

The European market for Patient Hygiene Aids Market is estimated to grow at a considerable rate during the forecast period.

This surge is due to economic development, expansion in healthcare infrastructure and also increasing initiatives by public and private organizations for awareness about the patient hygiene aids in this region is like to augment the Patient Hygiene Aids Market.

Moreover, increase in availability of hygienic products to proliferate the consumption of patient hygienic aids is the major of the major factor driving the Patient Hygiene Aids Market in this region.

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Who are the Key Manufacturers and Suppliers of Patient Hygiene Aids Market

Some of the key players operating in the Patient Hygiene Aids Market are

Syndy Pharma,
3M,
Johnson & Johnson,
HARTMANN,
Unilever,
P&G,
Colgate-Palmolive Company,
B. Braun Melsungen,
Kimberly-Clark Corporation,
and Reckitt Benckiser Group.

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc.

For instance, as pandemic fuelled up demand for hygienic products was uplifted at significant pace.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Patient Hygiene Aids Market 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

For critical insights, request for PDF Brochure https://www.futuremarketinsights.com/reports/brochure/rep-gb-13898

Wound Skin Care Market Focusing on Current Trends, Leading with Top Key Players

Wound Skin Care Market Overview

According to the latest research by Future Market Insights, Wound Skin Care market is set to witness a 6.2% growth during the year 2021-2031. The market has been a semi-consolidated market growing at a rapid rate and is expected to witness lucrative growth with the rising number of patients with acute and chronic wounds, favorable reimbursement policies in emerging countries and the introduction of advanced products are anticipated to drive the market’s growth in the forecast period.

What is Driving Demand for Wound Skin Care?

There are various factors that are help in driving the wound skin care market. Wound caused by minor and major accidents are constantly increasing since few years whereby depend on effective medications and treatment for rapid healing. Various chronic diseases moreover contribute to the rising concern of the wounds worldwide.

The high rate of SSI (surgical site infection) occurrences in surgeries for patients with cancer and diabetes likewise requires the negative pressure wound therapy. The market growth in the healthcare sector is proved with the fact that around SSIs holds for 38% of all the nosocomial infections in surgical patients. This indicates the need for wound skin care management and treatment thus boosting the demand for the market.

The launch of advanced products and rising investment in research & development by market players is anticipated to boost the demand for these products, especially in emerging countries. This is leading to the market growth.

Increasing prevalence of conditions & diseases affecting wound healing capabilities likely to drive the Wound Skin Care Sales

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Physical health conditions, like acute wounds, surgical wounds and chronic wounds have an adverse effect on the wound healing process. The pervasiveness of surgical, chronic, and acute wounds has shown considerably growth over the past decade, mainly because of the rising worldwide geriatric population, the increasing prevalence of conditions like diabetes and obesity, increasing number of surgeries, and rising traumatic wounds. Obesity and diabetes can lead to growth in overall incidence and complexity of wounds like infections, chronic wounds, and ulcerations (leg or foot ulcers), which require treatments (wound management) and incur excessive medical expenses.

US and Canada Wound Skin Care Market Outlook

North America, majorly United States and Canada dominated the Wound Skin Care market. U.S. Wound Skin Care market will forecast significant growth due to rising cases of road accidents, sports injuries, and the presence of various major companies in the country.

Also, increase in prevalence of people suffering from various chronic diseases is anticipated to have a positive impact on the market growth. In addition, rise in initiatives undertaken by governments and authorities to develop healthcare systems and spread awareness regarding advantages of wound care products are furthermore projected to drive the growth of the market.

Europe Demand Outlook for Wound Skin Care

Europe is second-biggest market and is anticipated to register a significant growth because of the well-established infrastructure in countries like the Germany, U.K, etc., and hence rise in the adoption of innovative products in such countries.

Rising prevalence of diabetes is anticipated to drive the market growth over the forecast period. For example, as per the report North West Coast Strategic Clinical Networks of National Health Services, there were around 4.5 million individuals with diabetes in 2017 alone in the U.K. As per the same source, in 2017, approximately 200,000 diabetes patients are suffering from diabetic foot ulcers in U.K. Over 64,000 diabetes patients in Wales and England are expected to have foot ulcers at any given time. These factors add to the market growth over the forecast period.

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Who are the Key Manufacturers and Suppliers of Wound Skin Care?

Some of the leading manufacturers and suppliers of Wound Skin Care include

Derma Sciences Inc. (Integra LifeSciences)
Medline Industries, Inc
Advancis Medical USA LLC
B. Braun Melsungen AG
Baxter International, Inc.
Coloplast Corp.
Medtronic PLC
The 3M Company Smith & Nephew PLC
Mölnlycke Health Care AB
Acelity (KCI Licensing, Inc.)
ConvaTec Group PLC
?Ethicon Inc. (Johnson & Johnson)

The Wound Skin Care market is semi-consolidated, with the existence of a many of large-scale players available in worldwide markets, and various small-scale participants in specific regional markets. Furthermore, a strong focus on the strategic growth of their product portfolio through partnerships & acquisitions is anticipated to provide a strong foothold to the players in the market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Wound Skin Care Market 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.

Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-13882

Demineralized Whey Powder Ingredient Market Present Scenario and Growth Prospects 2027

Irrespective of its use or application, milk remains to be the most essential source of adequate nutrition, enriching consumers’ lives with fats, protein, calcium and minerals. Contrary to its ever-growing demand, milk is not uniformly available in all parts of the world. The “dairy-deficit” parts of the world are compensating to this shortfall by shifting towards alternatives, wherein demineralized whey powder among the top non-dairy products imported in such regions. According to Future Market Insights’ recent report, the global market for demineralized whey powder ingredients is growing steadily, owing to high imports of demineralized whey powder ingredients in regions with short supply of milk & dairy products.

The report projects that the global market for demineralized whey powder ingredients, which is pegged to reach US$ 491.1 Mn value by 2017-end, will soar at a steady CAGR of 5.1% and bring in more than US$ 800 Mn in revenues towards the end of 2027. During this decadal forecast period, the global demand for demineralized whey powder ingredients will grow on the account of

increasing demand for healthy alternatives for infant foods with synthetic ingredients
rising adoption of additives in food industry
prevalence of complications related to lactation, and
growing need for specialty ingredients in high-performance sports drinks

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Rising use of high-added value dairy products in food & beverage end-users has also propelled the consumption of demineralized whey powder ingredients. Surging demand of high-protein bakery products is also instrumenting the market’s growth, while recent developments are anticipating a promising application of demineralized whey powder ingredients as drug carriers in production of pharmaceuticals. The report also anticipates that growth of global demineralized whey powder ingredient market will be restrained due to sheer lack of awareness. Dairy product manufacturers aren’t aware about reusability of by-products in cheese production. These products can be used in production of demineralized whey powder ingredients, which can extend the manufacturing purview of dairy companies.

The global demineralized whey powder ingredient market is also expected to witness hindrances in its growth due to a weak distribution network. Leading as well as emerging players in the global market are facing loses due to poor abilities of distributors. A comprehensive profiling of competitive landscape in the global demineralized whey powder ingredients market is included in this report, which includes companies namely Valio Oy, Eurosérum, Lactalis Ingredients, Dairy Crest Group Plc., Milkfood Limited, Ornua Co-op Limited, Prolactal GmBh, Kaskat Sp Z.o.o., Alimenta Srl, FrieslandCampina International B.v, Hoogwegt, Charotar Casein Company, Dairygold Co-Operative Society Limited, Senel & Co B.V., Kerry Inc, Roosevelt Dairy Trade, Inc., Mahaan Proteins Limited, Almira, Melkweg Holland B.V., Naarden Polska Sp. z o.o.

Key findings in the report project that demand for demineralized whey powder products with 40% demineralized whey will gain traction towards the end of 2027. In terms of revenue, products with 90% demineralized whey will record fastest growth at 5.6% CAGR. Infant food will be largest application of demineralized whey powder ingredients, accounting for nearly 40% of market revenues in 2017. With close to one-third share, North America will dominate global demineralized whey powder ingredient market in terms of value throughout the forecast period. Demand for demineralized whey powder ingredients is expected to witness considerable surge in Middle East & Africa and the Asia-Pacific excluding Japan (APEJ) region.

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Market Taxonomy

Product Type

40% Demineralised Whey
50% Demineralised Whey
70% Demineralised Whey
90% Demineralised Whey

Application

Dietary Supplements
Bakery & Confectionary
Infant Food
Pharmaceutical
Others

Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Middle East & Africa
Japan

Food Certification Market Outlook, Current and Future Industry Landscape Analysis 2031

The food certification market will register healthy growth in 2021 with worldwide revenues projected to increase by 10.30% year over year. Future Market Insights (FMI) has forecast the food certification market to reach US$ 8.4 billion in 2021 backed by the rising demand for food certified products.

Food certifications demand is on the rise due to the increasing consumption of meat based products. Increased consumption have compelled the governing bodies to impose stricter norms for security and quality of food products. This, in turn, have spurred the growth of food certification market.

Rising per capita income and rapid economic growth in developing countries like India and China are driving the food industry. This coupled with increasing penetration of retail food chains and services will positively influence the market growth over the forecast period.

Food producers are increasingly offering certified products to gain the consumers trust. With rising awareness for food transparency and clean-label movement gaining momentum, impressive growth is on the cards.

As per FMI, Asia Pacific food certification market is expected to expand at the highest level due to the ever increasing demand for certified and halal-certified food products, especially in India.

Alongside this, key player are adopting winning strategies such as mergers and acquisition to generate lucrative revenues. This will also positively affect the market. According to the report, rising awareness about certified food products will propel the market growth in the upcoming decade.

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Key Takeaways from FMI’s Food Certification Market Study

Increasing consumption of processed food across the globe has spurred growth in the market. In terms of application, the meat segment will hold lion’s share in the global food certification market.
ISO 22000 and free-from certification type, collectively, are anticipated to dominate the market.
India is likely to emerge as a lucrative market due to the advent of multi-domestic food services and growing demand for halal food products.
Growing cases of foodborne diseases in the U.S are likely to spur the growth, bolstering the demand of food certification in the country.
China, Japan, and South Korea are expected to witness positive growth backed by the rising need for meat processed food certification.
Muslim countries in the Middle East will spur the market growth owing to the increased demand of kosher and halal certified food products.

“Key players are capitalizing on increasing demand for clean-label certification and halal food. Strong distribution networks with food supply chain will create lucrative opportunities for the key players,” says the FMI analyst.

Who is Winning?

Major players include Intertek Group PLC, Llyod’s Register Group Limited, AsureQuality Limited, Bureau Veritas, DEKRA SE, DNV GL, Eurofins Scientific, SGS SA, TÜV SÜD, and Underwriters Laboratories Inc.

Mergers and acquisition remains popular strategy adopted by key players to maintain their strong foothold in the industry. Top players including Intertek Group, SGS SA, Bureau Veritas SA, Eurofins Scientific, and ALS Limited account for nearly 45% of global market share.

Strong manufacturing facilities coupled with strong distribution networks will aid the revenue generation for these market players.

For instance, in September 2020, leading player Intertek Group PLC announced the partnership with Roquette to launch a new audit program for safer food supply chain through their audit practices.

In the same month, ALS announced the expansion of its company’s testing and certification services through including its new food laboratory under the American Association for Laboratory Accreditation (A2LA) satellite program.

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Get Valuable Insights on the Food Certification Market

By Type:

BRC Food
IFS Food
ISO 22000
FSSC 22000
HACCP
Global GAP
Organic
Kosher
Halal
Others

By Application Type:

Bakery & Confectionery
Dairy Products
Processed & Packaged Food
Infant Food
Alcoholic & Non-alcoholic Beverages
Functional Food
Meat & Poultry Products
Seafood

Coconut Milk Market Outlook, Current and Future Industry Landscape Analysis 2027

Nutrition-rich foods are becoming top choice of consumers in developing markets, while developed economies are already viewing them as top-grossing products. High nutritional content of coconut milk is garnering the interests of consumers in countries such as the US and Canada. Future Market Insights’ recent report on the global coconut milk market reveals that North America will be a dominant consumer & producer of coconut milk in the years to come. The global market for coconut milk, which is expected to witness sales of over 430,000 MT by the end of 2017, will garner around 25% of these sales from North America.

According to the report, revenues from global coconut milk sales reached US$ 780.4 Mn in 2016, and are estimated to soar towards US$ 830 Mn by the end of 2017. Key findings in the report project that the global market for coconut milk will soar at a healthy 7.3% CAGR to bring in US$ 1,687.7 Mn in revenues during the assessment period, 2017-2027. In terms of volume, the market will exhibit a 6.4% CAGR and record an estimated sales of more than 800,000 MT towards the end of 2027.

Increasing demand for plant-based, organic beverages among consumers, in developed as well as developing countries, is being observed as the key attributor for growth of global coconut milk market. Besides the healthy content, consumers are also growing inclined towards new tastes, which is why savouring Asian cuisines enriched in coconut milk are gaining popularity across the globe. However, high price of procuring raw coconut meat (in some countries), and growing proliferation of organic substitutes for coconut milk, are likely to restrain the market’s growth to a considerable extent.

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Demand for Coconut Milk Powder Losing Traction

One of the vital findings compiled in the report indicate that in 2017, coconut milk in the form of powder is predicted to gain traction, reflecting a market share of 38%. However, towards the end of the forecast period, presence of coconut milk powder products on global market revenues is likely to incur a significant dip. Demand for coconut milk in form of fluids will grow steadily, and dominate with nearly 65% revenue share by 2027-end. Likewise, the demand for conventional coconut milk is expected to gain traction in 2017, but may witness a decline in its global revenue share by the end of forecast period. Organic coconut milk products, on the other hand, will reflect an uptick in global sales, registering a value CAGR of 8.2% through 2027.

Growing consumption of coconut milk is mainly attributed by effective end-use. Household, food services and food & beverage manufacturing are observed as three profitable end-uses of coconut milk. Collectively, revenues from these three end-use applications will collectively account for more than 80% of global coconut milk revenues by the end of 2027. The report also profiles leading producers and manufacturers of coconut milk in the world as key participants in the global coconut milk market, which include Mc Cormick & co., The Whitewave foods, Goya Foods, Charoen Pokphand Foods, Theppadungporn Agricultural Industry,Ducoco Ailmentos SA, Thai Agri Foods, Celebes Coconut Corporation, Pacific Foods of Oregon, GraceKennedy Group, Thai Coconut Public Company Limited, M&S Food Industries, The Sambu Group, Fresh Fruit Ingredients Inc., Chef’s Choice Food Manufacturer Company Limited.

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Form

Liquid Coconut Milk
Coconut Milk Powder

Nature

Organic Coconut Milk
Conventional Coconut Milk

End Use Application

Household
Food Services
Food & Beverage Manufacturing
Cosmetics & Personal Care
Other Applications

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
MEA

Plant Based Ice Creams Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2031

Future Market Insights’ recent report on the global market for plant-based ice-creams reveals that the rising prevalence of lactose intolerance in creating a vast consumer base for such non-dairy products. Increasing population of lactose intolerant consumers is observed to be driving force for growing consumption of plant-based ice-creams.

Moreover, higher protein content in plant-based ice-creams is making them healthier options among ice-creams. Producers of plant-based ice-creams are focusing towards improving the taste of these ice-creams as consumers are demanding a wide variety of flavours.

Following highlights from the report will elucidate the growth of global plant-based ice-creams market during the forecast period, 2021-2031. According to the report, towards the end of 2027, the global consumption of plant-based ice-creams will reach 500 thousand tonnes, reflecting an estimated value of US$ 2.45 Bn.

Growth of the global plant-based ice-creams market will be marginally lower than its revenue growth as the market is expected to reflect of a volume CAGR of 9.1% and a value CAGR of 9.3% over the forecast period.

Demand for cups or tubs of plant-based ice-creams, on the other hand, will rise as global sales recorded in this product segment will contribute to nearly 30% of global market value by the end of 2031.

In 2021 and beyond, the global demand for plant-based ice-creams in single-flavour form will be slightly lower than that of blends as the latter form of plant-based ice-cream will dominate with a global revenue share of 51% and above.

The report predicts that fruits, dry fruits (nuts) and beans will be prominent flavours of plant-based ice-creams. By 2031, nearly 140 thousand tonnes of plant-based ice-creams are expected to be consumed across the globe.

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Majority of plant-based ice-creams produced in the world will be sourced from soy milk. Through 2031, plant-based ice-creams sourced from soy milk are predicted to register above 10% CAGR in terms of revenue.

Global revenues accounted by direct sales of plant-based ice-creams will be gaining traction throughout the forecast period, registering a value CAGR of 10%. On the other hand, indirect sales channels for plant-based ice-creams are dominating the market with nearly 60% value share, albeit, their global revenue contribution is expected to incur a considerable decline by 2031-end.

By the end of 2031, North America and Western Europe are expected to dominate the global plant-based ice-creams market as these regions will individually attribute to an estimated 34% of global revenues.

The Asia-Pacific excluding Japan (APEJ) region is also accounting for a considerable share in global revenues, however, consumption of plant-based ice-creams is expected to lose traction in the APEJ market towards the latter half of the forecast period.

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The report also profiles prominent players in the global plant-based ice-cream market, which include Ben & Jerry’s Homemade Inc., Bliss Unlimited, LLC, LUV Ice Cream LLC, SO DELICIOUS DAIRY FREE (Danone), Oatly AB, Jollyum Co., The Booja-Booja Co., LITTLE BABYS ICE CREAM LLC, Klein’s Ice Cream Inc., and Frankie & Jo’s. Other key players in the market are observed to be Happy cow ltd., Tofutti, Breyers, Dream, Nadamoo, ARCTIC ZERO, Inc., Snowflake Luxury Gelato, Wink Frozen Desserts, Nobó ltd., Imuraya Group Co. Ltd.

Market Taxonomy

By Form

Singles
Blends

By Product Type

Bars
Cones
Cups/Tubs
Others

By Flavor

Fruits
- Strawberry
- Banana
- Orange
- Raspberry
- Pomegranate
- Lemon
- Others
Nuts
- Coconut
- Almond
- Hazelnut
- Others
Herbs
- Cinnamon
- Mint
- Peppermint
- Others
Beans
- Vanilla
- Chocolate
- Coffee
- Others

By Source

Soy Milk
Coconut Milk
Almond Milk
Cashew Milk
Others

By Sales Channel

Direct Sales
Indirect Sales
Hyper/Supermarket
Franchise Outlet
Online
Other Retail Formats

Chia Seed Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2031

Future Market Insights (FMI) has projected sales of chia seeds to accelerate at a 6.80% CAGR, reaching US$ 194.1 Mn in 2021. Increasing applications of chia seeds in nutrition and dietary supplements, along with growing demand for organic ingredients in food and beverages is expected to drive the market in the forthcoming years.

Sales of chia seeds were dampened to an extent due to the outbreak of COVID-19 pandemic. Chia seeds are exported to various countries, and the lockdown restrictions imposed to curb the virus affected trade and import/export activities across the globe, resulting in drop in sales of chia seeds.

However, the pandemic has resulted in higher awareness regarding the incorporation of healthier ingredients in packaged food products. This is expected to propel sales of chia seeds year-over-year by 5.50% between 2020 and 2021. As per FMI, the total consumption of chia seeds is expected to top 80,579.7 Million Tons by 2031.

Chia seeds are gaining popularity as ‘superfoods’ for their functional health benefits in improving heart health, supporting bone health, and managing blood sugar levels. Growing preference for healthy packaged food and drink products will continue propelling sales over the assessment period.

The U.S. is anticipated to emerge as a lucrative pocket in the North America chia seeds market, owing to the presence of robust food & beverages and personal care products industries. In addition to this, consumers are actively adopting vegan and gluten-free diets, which is compelling manufacturers to launch non-GMO and innovative chia seeds products. These developments are expected to bode well for the U.S. chia seeds market through 2031.

“Increasing applications of chia seeds in animal feed and pet food to improve the nutrient quality of pet food is expected to push sales in the market. Besides this, manufacturers are launching new variants of chia seeds such as chia milk, oils, and gels, which is expected to augment the growth in the forthcoming years,” says an FMI analyst.

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Key Takeaways:

Based on source, the organic chia seeds segment is expected to account for a dominant share in the global chia seeds market.
In terms of color, sales of black chia seeds are projected to remain high owing to their easy availability in supermarkets and convenience stores.
Demand for whole chia seeds is expected to increase at a steady pace due to increasing preference for natural and organically sourced ingredients for home baking.
Applications in the food and beverage segment will continue gaining traction in response to growing demand for superfoods in packaged food and beverages.
The U.S. is projected to dominate the North America market, with sales growing at a 6.70% CAGR through 2031.
The U.K. will emerge as an attractive market in Europe. As per FMI, demand for chia seeds across Europe is projected to grow at a 6.10% CAGR over the forecast period.
China is expected to command lion’s share in East Asia market, emerging as one of the leading exporters over the assessment period.

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Competition Landscape

Sesajal SA De CV, Bioglan (PHARM-A-CARE Laboratories Pty. Ltd.), Nutiva Inc., Navitas Naturals, Spectrum Naturals (Hain Celestial Group), Benexia (Functional Products Trading S A.), Chia Bia Slovakia, s.r.o., The Chia Co., Vega Produce LLC., CHOSEN FOODS INC, Mamma Chia, Now Health Group, Inc., Naturkost Übelhör GmbH & Co. KG, and AgroBolivia (Negocios Europa Ltd.) are among the leading players operating in the global chia seeds market.

As per FMI, The Chia Co., Benexia Europa S.A., Sesajal S.A, Bioglan, Nutiva Inc., Navitas Naturals, and Spectrum Naturals are estimated to account for 40-60% of the total chia seeds market share in 2021.

Key chia seed manufacturers are aiming to expand their product portfolio by launching organic and non-GMO products to gain a competitive edge. Further, players are investing in mergers, acquisitions, collaborations, and partnerships to strengthen their global presence and distribution networks. For instance:

In September 2019, Nutiva, a leading plant-based organic superfoods provider, launched a new product line of Organic Chia Seeds, which is glyphosate residue free, as certified by The Detox Project. The certification verifies that the new product line does not contain glyphosate, which is considered a probable human carcinogen by the International Agency for Research on Cancer (IARC).

Chia Seed Market by Category

Origin:

Organic
Conventional

Colour:

Black
White
Brown

Form:

Whole
Grounded
Oil

End-Use Application:

Food and Beverages
- Packed Chia
- Nutritional Bars
- Bakery and Snacks
- Breakfast Cereals
- Beverages
- Others
Personal Care Products and Cosmetics
Animal Feed and Pet Food
Nutritional and Dietary Supplements

Region

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

Licorice Root Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2032

The global licorice root market is set to witness growth at a CAGR of 5.3% and top a valuation of USD 1418.4 Mn by 2032.

Licorice root extract is an essential flavouring ingredient. It is now utilised as a flavour enhancer in the food business and as a de-bittering compound in the cigarette industry to mask the off-note flavor of stevia, that has been a popular component in the marketplace till now. In the tobacco and food sectors, stevia has long been a popular sweetener.

Licorice usage has increased in recent years in the pharmaceutical companies, as it is an important component of Traditional medicinal. The marketplace for Chinese herbal remedies is fast expanding in Europe and the United States as individuals convert to organic therapies, which include more than 75% licorice roots. The consumption for licorice in the medical business is mostly driven by the increasing demand for Chinese remedies.

Licorice root extracts are often used to cure lung issues, respiration and skin disorders, hepatitis B and C, bleeding ulcer, cirrhosis of the liver, and mouth ulcers, among other ailments. Additionally, during the projection period 2022–2032, the growing usage of licorice roots for strengthening immunity is expected to provide considerable demand possibilities throughout the world.

Glycyrrhizin, a compound found in licorice root extract, has anti-inflammatory and antibacterial properties. Eczema and pimples are two skin conditions that it can help with. Due to its high concentration of strong antioxidants, it possesses skin brightening and anti-aging benefits.

Trials have revealed that licorice root extract can help fight viruses that invade the body. Its antibacterial properties assist in the battle against Staphylococcus bacteria, which causes skin infections.

Because of the growing demand for licorice and the scarcity of availability, there is a lot of space for new licorice manufacturers in proven importing nations like Europe. France, Germany, the America, China, as well as the Netherlands are the leading consumers of Licorice Root. Licorice extracts are becoming more popular as a result of their various health benefits. Regulatory constraints at all levels of the sector continue to be a major issue, despite the fact that the worldwide market for licorice root is rather easy to reach.

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Key Takeaways from Market Study

The licorice root market is expected to expand at CAGRs of 11.6% and 4.8% in Europe and the Middle East & Africa, respectively, through 2032.
The European licorice root market currently holds 28.3% of the total market share.
Licorice Root extracts are selling well in worldwide marketplaces, because to rising consumer demand for good nutritional foods.
Increased sales of licorice compounds are being driven by a growth in the number of health-conscious buyers in the country, as well as a growing desire for fresh foods, especially among country’s millennial generation.
The breakout of coronavirus impacted the distribution network for licorice root, resulting in a trade slump. Regulatory constraints at all stages of the sector remain a major issue.

“Licorice root producers might generate revenue if they targeted the tobacco industries. The cigarette business might potentially be a viable model for licorice root, thanks to increased desire for alternate flavoring agent throughout the world.” says a Future Market Insights analyst.

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Competitive Landscape

Licorice root producers are devoting their efforts on design and technology in aims to enhance the quality of respective products.

Honeywell sold M & F Worldwide entire outstanding shares of Novar USA Inc. for USD 800 Mn cash consideration, subject to a post-closing cash flow adjustment. As a result of which Novar’s successor, Clarke American, was formed through a merger.
Clarke American increased its direct marketing skills to incorporate customised direct marketing initiatives after acquiring Alcott Routon. The direct marketing initiatives of Alcott Routon are focused on advanced data mining and predictive models that discover elevated direct marketing possibilities.

Segments Covered in Licorice Root Market Analysis

By Product Form:

Roots
Extracts
- Blocks
- Powder
- Paste
- Others

By End-Use:

Food & Beverage Industry
Tobacco Industry
Pharmaceutical Industry
Cosmetic Industry
Dietary Supplements

By Region:

North America
Latin America
Europe
Asia Pacific Excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

Human Milk Oligosaccharides Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2027

Human milk oligosaccharides (HMO) helps in maintaining infant’s gut microbiota as well as promotes the growth of healthy bacteria and reduce pathogens, preventing infections and others bacterial risks. In recent past, sales of infant nutrition products have increased to a significant extent owing to the continuously rising infant population across the globe. According to WHO, the total world population is estimated to increase by approximately one billion in the next 10 years and will reach 9.5 billion by 2050. Incidentally, demand has been relatively higher to the supply of infant nutrition products. Meanwhile, sales of infant formula are also surging in some of the Asian countries such as China and India, promoting the consumption of HMO alike. Future Market Insights’ latest report reveals that the global human milk oligosaccharides market is set to surpass a valuation of US$ 76 Mn, registering a CAGR of 14.6% between 2017 and 2027. This growth will be primarily orchestrated by the increasing application of HMO in infant nutrition products.

In 2017 and beyond, the human milk oligosaccharides market in Europe is anticipated to witness significant revenue growth. Towards the end of 2027, Europe is anticipated to account for over 49% value share of the global market. Manufacturers in Europe are filing claims for regulatory approvals and product safety certifications in order to use HMO for preparing infant formulas. In North America, the HMO market is currently valued at over US$ 6 Mn and holds the second spot in terms of market size after Europe.

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FMI’s report, titled “Human Milk Oligosaccharides Market Global Industry Analysis and Opportunity Assessment, 2017 – 2027” also cites that demand for HMO is gaining traction due to a positive perception of its prebiotic properties that help maintain a healthy immune system in infants. In addition, manufacturers are focusing on increasing their production capacities in order to enhance production of HMOs such as 2’-FL (2-fucosyllactose) that can be potentially used as an ingredient in functional food and beverages. zuChem Inc., Glycosyn LLC, Elicityl SA, Jennewein Biotechnologie GmbH, Glycom A/S, Dextra Laboratories Limited, Carbosynth Limited, Inbiose NV, ProZyme, Inc. are the leading companies operating in the global human milk oligosaccharides market.

Key Excerpts of the Report Include:

Among product type, fucosyllactose HMO currently accounts for the largest value share of the market followed by sialyllactose HMO. However, the latter is expected to register a faster growth rate in terms of the market value over the forecast period.
By 2017-end, US$ 5.5 Mn worth sialyllactose HMO is expected to be consumed globally.
Increasing demand for functional food and beverage products is projected to further facilitate the growth of global human milk oligosaccharides market over the next couple of years.

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Market Segmentation

By Product Type

Fucosyllactose
LNT & LNnT
Sialyllactose

By Region

North America
Europe
Asia Pacific