Nicotinic Acid Market Insights, Deep Analysis of Key Vendor in the Industry Forecast to 2029

Nicotinic acid, also known as vitamin B3 or niacin, is a colorless, water-soluble derivative of pyridine. The natural foods such as peanuts, avocado, green peas, mushrooms, potatoes, whole grains, meat, poultry, and fish are rich in nicotinic acid. Nicotinic acid helps to regulate metabolism. As nicotinic acid is a water-soluble vitamin, it cannot be stored in the body, and thus, should be consumed to fulfill the daily requirements of the body. Nicotinic acid provides various benefits such as it protects skin from sun damage, boosts brain function, lower triglycerides and decreases bad cholesterol levels. Nicotinic acid is used in industries such as food, pharmaceutical, cosmetic, animal nutrition, dietary supplements, and functional foods.

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Increase in Health-concerns Drives the Nicotinic Acid Market

The increasing prevalence of cardiovascular diseases is estimated to serve as one of the major drivers for the nicotinic acid market. According to the World Health Organization, in 2017, cardiovascular diseases are the number one cause of death all across the world. In 2017, around 31% of global deaths were due to cardiovascular diseases. The increase in the occurrence of cardiovascular diseases has increased awareness among consumers. The consumers are taking appropriate measures to maintain a healthy lifestyle. Thus, the demand for cholesterol-reducing ingredients is anticipated to increase in the food and dietary supplement industry. Thus, nicotinic acid serves as a suitable option as it helps to reduce bad cholesterol, which further reduces the risk of cardiovascular diseases. Also, nicotinic acid is available in liquid as well as powder form which makes it easy for the manufacturers to develop healthy products according to their requirements.

The increase in health-awareness among the consumers is anticipated to have a positive impact on the nicotinic acid market. Consumers are adopting new habits to improve their health. The demand for dietary supplements is increasing among consumers. The consumer prefers the consumption of dietary supplements to fulfill the daily nutritional requirements of the body. Nicotinic acid offers many beneficial properties such as it might prevent help to treat Type 1 Diabetes, increases HDL levels, treats pellagra, etc. The demand for vitamin supplements is increasing. According to NIH Office of Dietary Supplements (ODS), multivitamin/mineral supplements accounted for almost one-sixth of the total dietary supplement purchased, while vitamin and mineral containing supplements accounted around 40% of the total dietary supplement sales. Thus, the rising demand for dietary supplements is expected to propel the nicotinic acid market.

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Nicotinic Acid Market: Regional Analysis

The increase in health and fitness trends in the Asia Pacific region is estimated to boosts the sales of nicotinic acid. The impact of western culture, increase in disposable income, hectic lifestyle, and high youth population is some of the drivers for the increase in the demand for nicotinic acid. The high youth population and their inclination towards the gym and other fitness activities enhance the requirements of vitamins and proteins. Thus, the manufacturers of the dietary supplement industry are anticipated to develop dietary supplements which contain multivitamins and other essential nutrients that are required by the youth population. Therefore, the demand for nicotinic acid is anticipated to increase in the Asia Pacific region.

Nicotinic Acid Market: Key Participants

Few of the key market players in the nicotinic acid market are:

  • Koninklijke DSM N.V.
  • Jubilant Life Science Ingredients
  • Lonza Group AG
  • Aarti Drugs Ltd.
  • Vertellus
  • Lasons India Pvt. Ltd.
  • Resonance Specialities Limited
  • Brother Enterprises Holding Co., Ltd.
  • Triveni Chemicals

The research report presents a comprehensive assessment of the nicotinic acid 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 form, grade, end-use, and distribution channel.

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Nicotinic Acid Market Segmentation

The nicotinic acid market can be segmented on the basis of form, grade, end-use, and distribution channel –

The nicotinic acid market can be segmented on the basis of the form as:

  • Liquid
  • Powder

The nicotinic acid market can be segmented on the basis of the grade as:

  • Food Grade
  • Feed Grade
  • Pharmaceutical Grade
  • Cosmetic Grade

The nicotinic acid market can be segmented on the basis of the end-use as:

  • Food and Beverage
  • Dietary Supplements and Functional Foods
  • Pharmaceutical Industry
  • Cosmetic and Personal Care
  • Animal Nutrition

The nicotinic acid market can be segmented on the basis of the distribution channel as:

  • Direct Sales/ B2B
  • Indirect Sales/B2C
  • Hypermarkets/Supermarkets
  • Wholesalers
  • Convenience Stores
  • Specialty Stores
  • Online Retailers

Energy & Power Quality Meters Market is expected to grow at a CAGR of ~7% during the forecast period of 2019-2029

A new market research report by Future Market Insights on the energy & power quality meters market investigates and provides critical insights on energy & power quality meters market for the forecast period of 2019-2029. As per the findings of the report, the worldwide sales of energy & power quality meters reached ~US$ 2 Bn in 2018. Moreover, the global energy & power quality meters market is projected to experience significant growth over the forecast period, due to multiple driving factors, such as growth in Industrial IoT, increasing rate of electrification, and rising demand for next-generation power quality meters.

According to the report, the industry 4.0 is rapidly changing industrial production capabilities and drastically changing industrial processes. This revolution is generating demand for energy & power quality meters to monitor the distortions in voltage and harmonics, which further is contributing towards the growth of the energy & power quality meters market through 2029. Moreover, the adoption of energy & power quality meters in the industrial sector helps in preventing damages to expensive and critical equipment. It is expected to boost the demand for energy & power quality meters in 2019 and beyond.

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As industrial sector continues to aggressively expand in both developed and developing countries around the globe, it is expected that multiple opportunities will be created for key players in energy & power quality meters market in the near future.

According to the FMI report, the industrial sector is expected to create an incremental opportunity of ~US$ 1.5 Bn for energy & power quality meters during the forecast period of 2019 to 2029. Furthermore, in the industrial sector, the energy and power segment is expected to witness high growth rates during the forecast period, owing to the growing demand for electrification in residential and commercial sectors. Furthermore, the world is witnessing rapid increase in generation, transmission, and distribution of energy, which, in turn, is creating potential growth opportunities for the energy & power quality meters market.

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Manufacturers Focusing on Expanding their Operations in Asia Pacific

Manufacturers of energy & power quality meters are focusing on expanding their businesses across countries in Asia Pacific such as China and India. The increasing investment by governments of these countries in industrial and digital infrastructure is attracting various manufacturers to expand their operations in these countries. Furthermore, the strong economic growth of countries in this region along with the continuous industrialization and increasing rate of urbanization and electrification is creating potential growth opportunities for the energy & power quality meters market players.

For instance, according to IEA (International Energy Agency), in 2000, more than 40% of global energy demand was in Europe & North America and some 20% in developing economies in Asia. However, by 2040, this situation will be completely reversed.

Increasing Competitive Product Profile Playing a Crucial Role in Market Growth

The increasing scope of applications related to power quality equipment and a competitive market has, in turn, resulted in product differentiation and expansion strategy by the advanced power quality meter manufacturers to provide a competitive edge and strengthen their market presence specifically to the desired end-use industry market.

For this, advanced power quality meter manufacturers are continuously increasing research & development and product development activities in order to improve their product awareness levels to the end-consumers and minimize the hazardous effects associated with surpassing the environmental regulations and norms in end-user industries.

According to FMI Analysis, during 2015-2018, the average spending by major manufacturers in R&D and new product development has been accounted for 3% – 3.5% of overall sales. Also, the average rate of product launches made by major advanced power quality meter manufacturers have been in the range of 2-3 products per year.

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This study highlights the key opportunities in the energy & power quality meters market and finds that the market will depict growth at a value CAGR of ~7% during forecast period. For in-depth information on Energy & power quality meters market, write in to the analyst at press@futuremarketinsights.com

Bed Sheets Market | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insights

Home décor is considered to reflect the status and taste of the owner who willingly spends money to decorate the house A good bed sheet matching with an aesthetic look is very vital as a part of the interior bedroom.

Thus, the demand for bed sheets is increasing in the domestic along with the export market over the forecast period. According to a report, the bedsheets are an estimated Rs 10,000 crore market which caters both upper and middle-class families settled in urban areas.

The bedsheets market has good scope across several nations. Moreover, there is a steady demand in Government departments such as Tourism, Railways, Police and Defence, etc.

Growing fabric technology and the availability of more manmade fabrics, brighter colors and wide range in the composition of the sheets is fostering sales of bed sheets worldwide.

Altering home decor trends and increased purchase frequency, along with shorter replacement cycles are also enhancing the market growth.

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Bed Sheets Market – Key Trends

Growing consumer awareness concerning good sleep and healthy body and mind will encourage the market players to introduce advanced fabric technology in bedsheets.

Players are focusing on the functional benefits of bedsheets prepared from plant-based materials for instance Tencel, bamboo, and organic cotton, to provide better moisture absorption and breathability in contrast to conventional cotton.

Players are also providing woolen duvets and comforters as they provide greater moisture control and temperature regulation and reduce the risk of dust mites.Manufacturers are furthermore focusing on the production process to prevent water scarcity.

As ordinary cotton bed sheets consume a higher amount of water. Sleep and giggles launched eco-friendly bed sheets prepared from eucalyptus trees which utilize around 95% less water as compared to ordinary cotton linen.

E-commerce platform boom concerning distribution is complementing in huge sales. Apart from the rise of third-party online distributors, the trend has additionally presented e-retailers providing quality products to gain a large consumer base.

Some of the e-retailers present in the bedsheets market are Boll & Branch, Saatva, and Casper.

COVID-19 Impact on Bed Sheets Market

A supply chain disruption across geographies has compelled bed sheets manufacturers to rethink their business strategies to transform their brand identities.

However, skyrocketing sales of bed sheets via online channels are anticipated to keep the market afloat as consumers are increasingly avoiding in-store purchases. As per a published report by Statista, websites selling home decor products online showed 1.7 Bn visits in March 2020, hiked from 1.56 Bn worldwide visits in January 2020.

Bed Sheets Market – Region-wise Analysis

Asian countries will be accounting for the highest market share due to expanding retail networks and increasing consumer preference for luxurious and superior quality bedding products to compliment the interiors.

Developing nations such as India and China are the biggest exporter of the bed sheet. Countries such as Pakistan, Bangladesh, and Vietnam, have emerged as export competitors to India and China.

North America and Europe regions will be witnessing rapid growth owing to increasing consumer awareness concerning good night’s sleep and proper bedding materials.

According to the consumer trends in the U.S., around 80% of individuals prefer cotton & cotton blend materials, trailed by 3% choosing satin fabric.

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Bed Sheets Market – Competitive Analysis

The global bed sheets market is dominated by a few leading market players in terms of market share. However, demand is primarily driven by consumer income.

While big players compete through the breadth of products, volume purchasing, and effective marketing and merchandising, small players focus on product superiority and customer service.

Brooklinen launched Luxe Core Sheet Set featuring clever tabs labeled long side and short side on the fitted sheet. The Easy-shopping platform made the bed sheet received the most positive reviews online.

Mellanni launched its affordable bed sheets set which is made from polyester microfiber. The sheets wrinkled less than most cotton fabrics, hardly shrunk in the wash, and are generously sized.

Slumbercloud launched Stratus Sheet Set, the fabric technology helps to maintain a comfortable body temperature all through the night.

Major companies operating in the global bed sheets market include Acton & Acton Ltd., Beaumont & Brown Ltd., American Textile Company, WestPoint, Boll & Branch LLC, Hollander, Pacific Coast Feather Company, Frette, Sferra, Bombay Dyeing, D’décor, Crane & Canopy, and Portico Inc.

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Bed Sheets Market – Segment Analysis

By Materials

  • Cotton
  • Polycotton
  • Polyester
  • Microfibre
  • Linen
  • Sateen
  • Satin
  • Flannel
  • Denim

By Size

  • Single
  • Double
  • Queen
  • King

By Pattern

  • Floral
  • Abstract
  • Geometric
  • Striped
  • Checkered
  • Modern
  • Paisley
  • Character
  • Solid
  • Ornament
  • Polka Dot

Rx to OTC Switch Market size is likely to surpass US$ 58 Bn by 2031, Says FMI Analyst

Rx-to-OTC switches refer to the transition from proven prescription drugs to nonprescription, OTC status. According to a report by Future Market Insights (FMI), the global Rx-to-OTC switches market was valued at US$ 33 Bn in 2020 and is predicted to expand at a CAGR of over 5% during the forecast period (2021–2031).

Scientifically, it is a rigorous and highly regulated process that allows consumers to purchase OTC access to a growing range of medicines. For a medicine to be granted under OTC status, it must comply with the regulatory standards associated with its efficacy, have a wide safety margin, and bolster labelling to ensure proper usage of the product.

The increasing prevalence of diseases with common self-treatable symptoms, such as cold and flu, headaches, allergies, and others has fuelled the demand for OTC drugs. Thus, growing sales of nonprescription drugs have pushed pharmaceutical companies to focus on Rx to OTC switches to meet customer needs thereby gaining high revenue in the market.

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It was observed in 2020, Rx-to-OTC activity was driven by growing regulatory approvals and increased OTC sales. The COVID-19 outbreak has restricted patients to visit hospitals and clinics suffering from common illnesses. Consequently, delays in prescribed medication have shifted the customer preference towards the OTC drug consumption. As a result, the COVID 19 outbreak bolstered the demand for OTC products, which in turn has supported the adoption of Rx-to-OTC switches.

The Food and Drug Administration (FDA) introduced the non-prescription safe use regulatory expansion (NSURE) panel in 2013 that has supported a new wave of Rx-to-OTC switches, with a focus on creating conditions for switches in new therapeutic classes.

The introduction of the panel aimed to promote switches which had gained consumer attention, which in turn has aided the demand for the OTC drugs in the market.

Key Takeaways from Rx-to-OTC Switches Market Study

  • Allergy and respiratory drugs are anticipated to gain a revenue share of more than 25% with a CAGR of 5.7% owing to the rising prevalence of lifestyle-based ailments.
  • Retail pharmacies are anticipated to grow at a CAGR of 5.1% over the forecast period owing to the rise of e-commerce and the procurement of cost-effective medicines.
  • The  U.K. holds the lead in Europe, holding a share of over 33% owing to the implementation of favorable government policies.
  • The U.S. will account for over 77% of the North America market by 2031, supported by a matured healthcare and pharmaceutical sector and favorable reimbursement policies.
  • China is the largest and fastest growing market in East Asia estimated to account for close to 49% of the global market, owing to the country’s large-scale pharmaceutical requirements.

 “Increasing global prevalence of allergies and common illnesses such as flu, coupled with rising awareness for self-medication practices, are driving the growth of the global Rx-to-OTC switches market,” says the FMI analyst.

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Who is Winning?

Rx to OTC switches have led the pharmaceutical companies to shift focus from patients to consumers in terms of end users. In addition to strategic collaborations, acquisitions, expansion, product launches, agreements and research sponsorships are the key strategies adopted by manufacturers to expand their research and development (R&D) capabilities increasing sales in wider geographical base to strengthen product portfolios in the Rx-to-OTC switches market.

For instance, in January 2021, Boehringer Ingelheim entered into a collaborative agreement with Google Quantum AI (Google), focusing on researching and implementing cutting-edge use cases for quantum computing in pharmaceutical research and development (R&D).

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Want More Insights?

Future Market Insights (FMI) brings the comprehensive research report on forecast revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Rx-to-OTC Switches market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Rx-to-OTC Switches market on basis of product type [allergy and respiratory, fungal infections & other infections, overactive bladder, oral contraceptives, gastrointestinal drugs, hair loss treatments, smoking cessation, analgesic, inflammation and pain management and others (lice, acne, weight loss, and laxative)]. Based on distribution channels [retail pharmacies, hospital pharmacies, drug stores and online pharmacies] across seven major regions.

Frozen Pizza Market value projected to reach US$ 32.89 Bn by 2031 at a CAGR of 6.0% during 2021 – 2031

Frozen pizzas are simple to prepare and time efficient. Their convenience quotient is driving frozen pizza sales among urban consumers with hectic lifestyles. Future Market Insights (FMI) presents optimistic growth outlook, projecting frozen pizza sales to surge at 6% CAGR between 2021 and 2031.

Frozen pizzas are prepared with a wide range of toppings including vegetables and meat covering both health and taste requirements. They are commonly sold as ready to cook food products.

The rising working population and craving for instant snacks are driving the frozen pizza market. Frozen pizza is sold via store-based retailing including convenience stores, discounters, forecourt retailers, hypermarkets, supermarkets, food specialist and online retail platforms.

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Additionally, consumers desire food items that are easier to transport while having a longer shelf life. Fast-paced lifestyles have influenced consumers to seek ready-to-eat foods. Consumers are willing to pay a premium price for products obtained from organic and authentic sources. Producers of frozen pizza are consequently pushed to provide detailed information through labels.

Consumers are hesitant to buy frozen products owing to concerns over processed ingredients. By providing accurate information about the additives used in FDA-approved frozen foods, manufacturers can gain consumer confidence and long-term brand loyalty.

Key Takeaways from the Frozen Pizza Market Study:

  • The U.S. is a leader in the frozen pizza market, accounting for 80.9% of the North America market in 2021, supported by favourable consumer purchase patterns.
  • Italy holds the lead in the Europe market with a share of nearly 16%, owing to growing consumption as a staple food.
  • Brazil accounts for over 32% of the Latin America market in 2021, aided by favorable changes in consumer cuisine preferences.
  • Thin crust pizza accounts for a market share of 63.3% in 2021, owing to the preference for low-calorie products.
  • Meat toppings are anticipated to witness lucrative growth with a CAGR of 6.8%, supported by a relatively large meat-eating consumer base.

“The top frozen pizza market players have a well-defined product classification system. Manufacturers are concentrating their research and development (R&D) efforts on generating products that mimic freshly prepared pizza with superior nutrition to boost their revenue streams, creating a conducive environment for growth through the end of 2031,” said a lead analyst at FMI.

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Who is winning?

Frozen pizza manufacturers are working on development of offerings that mimic freshly prepared pizza with lower calorie and fat content. In addition, manufacturers are focused on R&D to meet consumer demands in established and emerging markets.

While focusing on online retailing amid the pandemic, consumers are choosing from a wide range of products. Producers are promoting internet commerce to expand distribution in previously untapped markets.

Some of the leading companies offering frozen pizza include Frozen Specialties Inc., Nestle S.A., Jubilant Foodworks Limited, Oetker GmbH, Convenio, Foods Pvt. Ltd, Daiya Foods Inc., Giovanni’s frozen pizza, Monte Pizza Crust B.V, General Mills Inc, McCain Foods Ltd, Dr., Connies Pizza, Conagra Brands, Inc. and others.

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Get Valuable Insights into Frozen Pizza Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the frozen pizza market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the frozen pizza market based on crust type (thin crust, thick crust and stuffed crust), by toppings (cheese, meat, fruits & vegetables and others), by sales channel (store based retailing and online retail) and by size type (small, medium and large) across seven major regions.

SQL Server Transformation Market will witness a robust CAGR of more than 9% during the forecast period of 2019 to 2029

Increasing performance speed of SQL server transformation prominently contributes to the growth in demand for SQL server transformation. The global SQL server transformation market will witness a robust CAGR of more than 9% during the forecast period of 2019 – 2029, as projected by a new Future Market Insights (FMI) study.

SQL server transformation-based relational database management systems (RDBMS) add a layer of security to a database, while providing convenience for the database users. The combination of high capacity and economically feasible storage solutions made available to a user by integrating SQL server transformation solutions would remain a strong factor opening new avenues for database management system and service providers on a global scale.

Key Takeaways – SQL Server Transformation Market Study

  • IT and services is the key vertical contributing to the adoption of SQL server transformation solutions and services, and the segment is estimated to generate the highest incremental opportunity among all other verticals in the global marketplace owing to the high adoption rate.
  • Among all the use cases, adoption of SQL server transformation solutions for the purpose of enterprise data warehousing is estimated to dominate the global market throughout the forecast period.
  • The SQL server transformation market in the Asia Pacific excluding Japan region is estimated to offer the highest incremental opportunity among all the regional markets during the forecast period, owing to the high adoption rate showcased by the technologically evolving retail industry.
  • The SQL server transformation market in Western Europe is estimated to record the second highest incremental opportunity.

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SQL server transformation solution and service providers can gain significant profits by focusing on expanding their market presence in the Asia Pacific excluding Japan (APEJ) region, owing to high demand for efficient data monitoring, and management solutions and services in retail and IT industry verticals in this region.

sql server transformation market share by region pr

Emergence of NewSQL Databases to Boost Growth of Global SQL Server Transformation Market

NewSQL, a new class of databases, addresses some of the conventional shortcomings of SQL server transformation-based relational databases and relational database management systems including dynamic schema support, operational distribution, and horizontal scalability. This technology is especially well-suited for SQL server transformation applications that require fast response times (1-2 milliseconds, on an average), very high ingest rates, and transactional accuracy.

Some of these SQL server transformation applications are real-time fraud detection, real-time authorization, or customer billing. NewSQL solutions are best suited for enterprises working with huge volumes of structured data. Large enterprises operating in the retail and e-Commerce vertical are estimated to contribute the most to the adoption rate of NewSQL databases, thus contributing to growth of the global SQL server transformation market.

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What Does the SQL Server Transformation Market Report Cover?

Future Market Insights offers an unbiased analysis of the global SQL server transformation market, providing historical data for 2014-2018 and forecast statistics from 2019-2029. To understand opportunities in the SQL server transformation market, the market is segmented on the basis of enterprise size, function, use case and vertical, across seven major regions.

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

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Future Market Insights,
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Vapour Barrier Market will exhibit a CAGR of around 4% during the forecast period of 2019 to 2029

Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4% during the forecast period of 2019-2029.

Water condensation can damage the sturdiest of constructions, which is why vapour barriers hold significant importance, as they offer complete insulation from vapour and moisture to building structures. Use of vapour barriers also allows for optimum efficiency of a space conditioning system, thereby fueling their demand across the construction industry.

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Heavy usage of vapour barriers in commercial and residential buildings to prevent moisture damage to infrastructure is anticipated to be the primary growth driver. However, increasing utilization of vapour barriers in the packaging industry to prevent moisture damage and interstitial condensation in packed goods opens new growth avenues for industry players.

Key Takeaways – Vapour Barrier Market Study

  • Over the period of projection, building infrastructure, whether private/public or commercial/residential, will be based on green building concepts to strike a fine balance of environmental sustainability and modern amenities. As a result, the demand for vapour barriers is projected to significantly spur over the forecast period.
  • Polymer materials segment to retain its spot as a prominently preferred material followed by asphalt & bitumen, whereas drywall board lumber and gypsum board projected to observe growth at a swift pace in the market.
  • Membrane type vapour barriers are expected to register a dominating share due to their easy installation. However, the popularity of the coating segment is increasing across the globe in recent years due to its enhanced moisture resistance.
  • To meet stringent manufacturing rules and regulations, manufacturers are trying to increase the use of materials with high recyclability and decent biodegradability index. Also, due to new norms for VOC emissions, many manufacturers are looking to revamp their manufacturing process in order to minimize these emissions.

vapour barrier market share by region pr

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How is Vapour Barrier Market Structure Defined?

The market of vapour barrier is highly competitive due to decent presence of tier 1 players in the market. Though tier 1 market players have a considerable hold on market share, numerous small-scale and regional players exist in the market. Manufactures like The Dow Chemical Company and Saint Gobain, along with other organised and leading manufactures hold more than half of the market pie.

VAPOUR BARRIER MARKET TAXONOMY

Material

  • Glass
  • Sheet Metal
  • Polymer
  • Asphalt & Bitumen
  • Gypsum Board
  • Drywall/Board Lumber
  • Plywood
  • Concrete/Brick

Type

  • Membranes
  • Coatings
  • Cementitious Water Proofing
  • Stacking & Filling

Application

  • Corrosion Resistance
  • Insulation
  • Water Proofing
  • Material Packaging & Stacking
  • Microbial & Fungal Resistance

End Use

  • Construction
  • Packaging
  • Automotive

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More About What the Report Covers

Future Market Insights (FMI), published a thorough research analysis in its report for global vapour barrier market, offering information regarding historical developments from 2014-2018 and forecast projections and opportunity assessments on the basis of analysis for future scope and ongoing tends in the global market. The research study offers opportunity roadmap and market projections across the globe based on various categories such as material (glass, sheet metal, polymer, asphalt & bitumen, gypsum board, drywall/board lumber, plywood, concrete/brick), type (membranes, coatings, cementitious water proofing, and stacking & filling), site (external, internal), application (corrosion resistance, insulation, air insulation, sound insulation, thermal insulation, water proofing, material packaging & stacking, microbial & fungal resistance), end use (construction, packaging, automotive), and region (North America, Latin America, Europe, MEA, South Asia, East Asia, and Oceania).

About Future Market Insights (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, and has delivery centers in the UK, 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:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
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United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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Deodorant Stick Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2027

Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Such alcohol-free antiperspirants are highly in demand across the globe is creating a significant CAGR of 8.9% in the market over the forecast period. Moreover, over the last few years, there has been an increasing trend of including natural ingredients such as sweet jasmine, eucalyptus, Shea butter, coconut oil, and other natural ingredients in deodorant stick is also driving the demand for global deodorant stick across the globe.

Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

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“Prominent players in the global deodorant stick market are seeking for various natural and ecolabel certifications such as USDA Organic certification, vegan and cruelty free certification, non-GMO, Ecocert certification, and Green Seal certification to have a competitive edge in the market” says an FMI analyst.

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

  • In 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
  • In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

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The global deodorant stick market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • With-Alcohol
  • Alcohol-Free

Packaging Material

  • Glass
  • Metal
  • Plastic

Sales Channel

  • Store Based Retailing
  • Online Retailing

Key Takeaways from the Deodorant Stick Market Study

  • According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
  • The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
  • The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
  • Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

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Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.  Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

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.

Emulsion Explosive Market were US$ 2 Bn in 2018

Future Market Insights upcoming report on global Emulsion Explosive market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Emulsion Explosive market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Emulsion Explosive market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Emulsion Explosive market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Emulsion Explosive market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Emulsion Explosive market.

Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Emulsion Explosive market in upcoming years?
  2. What are the factors that will influence the Emulsion Explosive market demand?
  3. Which region will be the most lucrative for Emulsion Explosive market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the Emulsion Explosive market?

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Emulsion Explosive Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Emulsion Explosive market report with established market players as well as incumbents in the region.

Product

  • Bulk Emulsion
  • Cartridge Emulsion
  • Recycled Oil Emulsion

Application

  • Mining
    • Surface Mining
    • Underground Mining
    • Quarrying
  • Others
    • Hard Rock
    • Air Blasting
    • Colliery
    • Maritime Blasting/Seismic
    • General Blasting
    • Tunneling

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • Croda International Plc
  • Incitec Pivot Limited
  • Sasol Ltd
  • African Explosives Limited

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Emulsion Explosive market

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Emulsion Explosive market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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

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Citrus Pectin Market Top Scenario, SWOT Analysis, Business Overview, Forecast 2029

Against the backdrop of expanding food and pharmaceutical industries, the demand for citrus pectin is rapidly increasing. The globally rising prevalence of diabetes, obesity and cardiac issues has increased consumers’ focus on healthy, natural and fruit-based products, which in turn, is fueling the demand in the citrus pectin market. The market is anticipated to rise at a CAGR of ~4.6% between 2019 and 2029, Future Market Insights foresees stable growth for the market.

Key Takeaways from the Citrus Pectin Market Study

  • Advent of newer technologies and increased attention to clean label product development will enable growth in citrus pectin market. In addition, leading manufacturers are now focusing on strengthening their distribution and supply base in order to ensure that products are easily available to their target customers. This is expected to bode well for the market in the coming years.
  • Among product type segments, the High Methoxyl Pectin is currently leading the market. The segment is witnessing high demand in food and pharmaceutical industry since high methoxyl pectin acts as an emulsifier and has texturizing and stabilizing properties.
  • The key players are operating in this citrus pectin market are focusing to expand their presence globally through acquisition and collaboration with domestic and regional players.
  • Key players are also focusing on expanding their global footprint by launching new products related to citrus pectin. In addition, Tier -1 players are investing in research and development activities and continuously monitoring their product offering in order to offer an excellent quality of product.

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“Citrus Pectin market is gaining strength from increasing applications in diverse industries such as food and pharmaceutical industries. Increasing usage of hydrocolloids in food and beverages industry is fuelling the demand for citrus pectin. Moreover, developing clean label citrus pectin products is a major focus of market players. This is expected to create growth opportunities for the market in the near future” says an FMI analyst.

Citrus Pectin Market

Owing to their natural pectin content, citrus pectin enables formation of gels in high-brix, high-acid applications such as preparations for spreads, bakery and yogurt. Using citrus pectin as an alternative to pure pectin is cost-effective and offers a cleaner label. Different grind sizes of citrus pectin are available in the market which helps the formulator in selecting a pulpy or fine texture based on the target application requirements. In addition, citrus pectin enable syneresis control in cultured dairy products.

Along with the provision of increased yields, citrus pectin enables manufacturers to make the most of fat and water in the gel system. Hydration and dispersion are key to citrus pectin’s functionality. For most of the applications, citrus pectin is dispersed with dry ingredients, followed by adding liquids later. Manufacturers are observing such functionalities as opportunities for extending their product lines.

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During process of meat extension, the imperative need of retaining added water while maintaining its edibility and texture has fuelled the demand for citrus pectin. The structural perviousness of which aids in texturizing and binding water in meat processing systems. Moreover, citrus pectin is also capable for improving the quality of mechanically deboned meat (MDM). The manufactures operating in citrus pectin market are also focusing to invest in diversification of portfolio of citrus pectin, in order to meet multiple end uses like pet food.

Who is Winning

Some of the market players profiled in the report are Fiberstar, Ceamsa, Herbafood, Florida Food Products, Cargill Inc., Quadra Chemicals, Naturex, Compañía Española de Algas Marinas S.A. (CEAMSA), Herbstreith & Fox, Yantai Andre Pectin Co. Ltd., Lucid Colloids Ltd., DuPont, Silvateam S.p.A., and CP Kelco.Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

  • In 2018, Fiberstar launched new product Citri-Fi 150 to cater to pet food and strengthen its product portfolio.
  • In 2018, Cargill Inc. invested US$ 150 million for construction of an HM pectin production in South America.
  • In 2019, CP Kelco has increased its regional penetration through collaboration with Azelis. Also, the company doing capacity expansion in Wulian China to support its growth in Asia Pacifica region.

CITRUS PECTIN MARKET TAXONOMY

The global Citrus Pectin market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • High Methoxyl Pectin
  • Low Methoxyl Pectin

Source

  • Oranges
  • Tangerines/ Mandarins
  • Grapefruit
  • Lemon and Lime

Application

  • Jams & Jellies
  • Beverages
  • Bakery Fillings & Toppings
  • Dairy Products & Frozen Desserts
  • Confectionery
  • Meat & Poultry
  • Dietary Supplements
  • Functional Food
  • Pharmaceutical
  • Personal care & Cosmetics
  • Others

Region

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

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Get Valuable Insights into Citrus Pectin Markets

Future Market Insights, in its new offering, provides an unbiased analysis of the global citrus pectin  market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the citrus pectin market based on the product type (High Methoxyl pectin, Low Methoxyl Pectin), source (Oranges, Tangerines/ Mandarins, Grapefruit, Lemon and Lime) and application (Jams & Jellies, Beverages, Bakery Fillings & Toppings, Dairy Products & Frozen Desserts, Confectionery, Meat & Poultry, Dietary Supplements, Functional Food, Pharmaceutical, Personal care & Cosmetics and others) across seven region.