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The global Thioglycolate market size is expected to reach US$ 137.7 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2019 and 2029. According to the report, rising demand for bakery products and also application of thioglycolate in cosmetic industry globally are adding positive points towards the growth of the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

• The estimated value of the market was at US$ 98.6 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, North America has emerged as a key market for thioglycolate holding the largest share in the market.
• Europe and Asia will remain steady as key markets for thioglycolate.
• Coronavirus has emerged as the biggest hinderance restricting the demand of thioglycolate worldwide.
• Countries in Europe such as France and Germany are affected the most by the virus, this could have a huge impact on the demand of the product.
• Key players are likely to focus on product innovations and business collaborations to stay relevant in developed markets.

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“Growing cosmetics industry in emerging markets of Asia Pacific and Latin America is expected to provide companies with opportunities to increase their global presence.,” said a lead analyst at FMI.

Increasing Consumption of Bakery Products will Propel Growth

Thioglycolate have their application in chocolate ingredients, sodium reducing agents, frozen foods & beverages additives and also in the cosmetics industry. Among which frozen food industry will show brisk growth during the forecast period owing to the expansion of the bakery industry. It has been identified as a major end use industry for thioglycolate. Consumer shift towards ready to eat food products as that is suitable for their busy lifestyle is majorly impacting the bakery products demand in most of the countries like China, India, Japan, Russia, Malaysia, Brazil and many more emerging countries in different regions.

Who is Winning?

Some of the leading players operating in the Thioglycolate market are Haihang Industry Co. Ltd., Triveni Chemicals, Alpha Chemika, Neostar United Industrial Co. Ltd., ICC Chemical Corporation, American International Chemical Inc., CellMark Chemicals, Alfa Aesar, AN Pharma Tech Co. Ltd, and Advanced Technology & Industrial Co. Ltd.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11223

Emerging regions such as Asia Pacific and Latin America are expected to witness significant market growth owing to rising disposable income and rapid urbanization. Growing cosmetics industry in emerging markets of Asia Pacific and Latin America is expected to provide companies with opportunities to increase their global presence.

In order to capture a larger market share, key market incumbents are undertaking initiatives and adopting strategies such as entering into partnerships, engaging in mergers and acquisitions and maintaining competitive pricing.

Get Valuable Insights into Thioglycolate Market

Future Market Insights, in its new report, presents an unbiased analysis of the global Thioglycolate market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. Based on key product segments, market can be segmented into sodium thioglycolate, ammonium thioglycolate, potassium thioglycolate, and calcium thioglycolate. Based on application the market is segmented into cosmetics, frozen products, and stabilizer for PVC production. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

The global functional proteins market size is expected to reach US$ 10.9 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.3% CAGR between 2019 and 2029. According to the report, the global functional protein market is driven by increased consumer awareness of the benefits of a balanced diet, increased incidence of chronic diseases and technological advancements in the functional protein manufacturing process. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

• The estimated value of the market was at US$ 10.9 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• The Asia Pacific region emerged as the largest market for the functional proteins.
• The North America region is expected to grow at a robust pace owing to its rising awareness pertaining to functional foods and increasing demand for the products with reduced calorie level and high nutritional content.
• Gaining popularity of sports nutrition functional foods and dietary supplements among working professionals is expected to increase the consumption of protein-enriched foods.
• Investments and expansions in the region have driven the growth of the Asia Pacific functional proteins market.

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“Growing demand for nutraceuticals due to increased understanding of maintaining a balanced diet and improving human body nutritional value is expected to remain a key driving force in the near future,” said a lead analyst at FMI.

Demand for Functional Proteins in Dietary Supplements to Rise Amidst Coronavirus Outbreak

As a result of the spread of coronavirus, consumers are likely to become more careful about their health and wellness. The spread of various lifestyle disease and improving public perception of wellness will aid the expansion of functional proteins market.

Dietary supplements such as whey protein concentrate provide added benefits such as fat loss, stress reduction, and reduced cravings, thereby boosting the functional protein market development. It is anticipated that the production by manufacturers of various types of protein ingredients such as concentrates and isolates for food products such as meat, beverages, dietary supplements, infant formula, bakery, confectionery and other food products will drive the growth of the functional protein market. Also, the shifting trend of consumers toward health and wellness is another significant driver for the global functional proteins market.

Who is Winning?

Some of the leading players operating in the functional proteins market are Kerry Group PLC, Glanbia PLC, Arla Foods, Fonterra Co-Operative Group, Koninkijke DSM N.V., Archer Daniel Midland Company, Frieslandcampina, Saputo Ingredients, APC Inc., AMCO Proteins, Abbott Nutrition, Real Dairy Australia Pty Ltd, Cargill, Inc., Hilmar Ingredients, Gelita AG, Axiom Foods, Inc., Beneo GmbH, Sachsenmilch Leppersdorf GmbH, Devansoy Inc., World Food Processing, Milk Specialties Global, Havero Hoogwegt, Barentz, Armor Proteines, Carbery Group among others.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11243

The global market for functional proteins is driven by various active players. The major players have used several strategies such as new product launches, expansions, joint ventures, partnerships, acquisitions, and others to increase the market growth.

Get Valuable Insights into Functional Proteins Market

Future Market Insights, in its new report, presents an unbiased analysis of the global functional proteins market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. The global functional protein market has been segmented by product type which includes protein hydrolysates, protein concentrates, protein isolates and casein and caseinates. Based on the source, the market is segmented into animal and plant. Based on the application, the market is segmented into food and beverages, dietary supplements and others. The food and beverage sector is further divided into bakery and confectionery, infant formula, beverage, and dairy. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Expanding application base of the Internet of Things (IoT) is translating into rapid technological advancement and miniaturisation of devices that entails stronger connection peripherals. This, in turn, is resulting in higher demand for CMOS power amplifier. Future Market Insights has recently conducted an analytical study on the global CMOS power amplifier market that projects a stout growth in terms of revenue between 2016 and 2026. The arrival of superior wireless communication networks and extended benefits of CMOS technology is expected to provide an impetus to the overall development of the market. Network challenges introduced by news wireless standards is an additional factor expected to sustain the demand for CMOS power amplifier over the next couple of years. The US$ 1,017.9 Million CMOS power amplifier market is estimated to surpass US$ 4,714 Million by 2026-end, riding on a CAGR of 16.6% during the forecast period. Robust usage of CMOS power amplifier in GSM/EDGE, LTE, CDMA 2000, and other wireless communication technology is anticipated to create lucrative market opportunities for leading manufacturers and suppliers of CMOS power amplifiers.

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Market Restraints  

Future Market Insights’ report titled “CMOS Power Amplifier Market: Global Industry Analysis and Opportunity Assessment, 2016–2026” also reveals that technical complexities in CMOS power amplifier design may dampen the surging spirit of the market to a certain extent during the assessment period. Moreover, the inherently poor linearity of CMOS power amplifiers can often lead to distortion, thus, limiting its application to low-PAR (peak-to-average ratio) modulation systems.

Usage of CMOS Power Amplifier in LTE Technology to Grow Higher  

Based on modules, GSM/EDGE segment commanded nearly 31% revenue share of the market in 2015. However, swift adoption and rapid development of 4G and 5G wireless communication are leading towards higher consumption of CMOS power amplifier in LTE technology. In addition, the LTE module segment is anticipated to expand at the fastest CAGR of 20.2% over the assessment period.  Manufacturers are focussing on developing high-performance CMOS power amplifier in order to meet the growing need for wider bandwidth and faster data speeds.

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Application of CMOS Power Amplifier in Smartphones to Remain Dominant

In 2015, the smartphone segment registered the largest market share, reaching a market valuation of US$ 423.4 Million. The segment is expected to hold its top position throughout the forecast period, expanding at 17.9% CAGR over 2026.

Global CMOS Power Amplifier Market: Regional Outlook

Future Market Insights’ report delivers key insights and offers analysis on the potential of the CMOS power amplifier market through a regional overview. In 2015, Asia Pacific excluding Japan (APEJ) commanded a dominant share of the market attributed to the healthy existence of consumer electronics manufacturers across the region. The market in Asia Pacific is projected to remain dominant and expand at a staggering 19.4% CAGR over the forecast period.

Competitive Dashboard

Key stakeholders in the global market for CMOS power amplifier include Skyworks Solutions, Inc., Toshiba Corporation, Broadcom Ltd., ACCO Semiconductor, Inc., DSP Group, Qorvo, Inc., Qualcomm Technologies, Inc., Texas Instruments Inc., and Murata Manufacturing Co., Ltd. Most of these companies are concentrating on further product innovation to increase their market presence at a global level. For instance, in October 2015, ACCO Semiconductor Inc., a leading provider of fabless semiconductors headquartered in the U.S. launched a range of CMOS power amplifier technologies designed to support quad-band GSM/EDGE and 12-band 3G/LTE smartphones as well as Internet of Things applications.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Future Market Insights analyses the global video event data recorder market for a 10-year forecast period, 2016-2026. According to a recent market outlook report, “Video Event Data Recorder (VEDR) Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” the US$ 1.64 Bn market is likely to reach beyond US$ 3.2 Bn by the end of 2026.

In the global VEDR market report, Future Market Insights provides detailed information on market definition and segmentation analysis, market dynamics and key insights, and competition assessment and key company profiles. The overall market outlook remains positive and the compound annual growth rate is estimated at 6.9% over the decade. Although market growth will be healthy by 2021 end, it will experience a slight decline in terms of CAGR in the second half of the assessed period.

“Massive automobile sales will remain the most prominent driver to VEDR market over the next decade.”

– Market Research Analyst (Electronic, Semiconductors, & ICT), Future Market Insights

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Key research findings:

• Motor vehicle safety standards will continue to fuel the sales of technologies pertaining to vehicle safety
• In addition to growing cognisance and adoption of vehicle safety measures, burgeoning automotive investments are also anticipated to favour VEDR market growth
• Growing inclination of OEMs and drivers toward digitisation will push the market further
• With technological advancements, various cost-effective products are being developed. Several manufacturers are also emphasising integration of smart software
• An increasing number of VEDR manufacturers are strategically investing in order to capitalise on opportunities offered by commercial fleets such as cabs/rental fleets/taxis globally

Vehicle type segmentation:

• Passenger cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)

Among these, LCVs segment will retain dominance throughout the period of forecast, however, with a decline of around 190 BPS. This segment will capture over 48% share of the market value in 2026. Passenger cars, the second largest and fastest growing segment, will witness a boost by 420 BPS, accounting for nearly 29% share in 2026.

Segmentation based on the type of data storage:

• Flash card
• Cloud storage

Flash card segment, despite a heavy drop of 780 BPS over the assessment period, will continue to dominate. On the other hand, growing popularity and adoption of cloud technology will contribute to an amplified market share for cloud data storage segment in 2026 i.e. more than 42%. This segment will possibly witness the fastest growth at an estimated CAGR of over 9%.

End-user segmentation:

• Commercial fleet
• Law & enforcement agencies (LEAs)

Commercial fleet segment is anticipated to record a relatively high CAGR of 8.7% during the assessment period. However, LEAs segment will remain dominant, accounting for over 73% revenue share in 2026.

Segmentation on the basis of sales channel:

• Auto OEM
• Aftermarket

While auto OEM will remain the leading segment, aftermarket segment is likely to witness faster growth over the assessed period. The latter will bag around 45% share of the total market value in 2026.

Regional segmentation:

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

North America is expected to remain dominant over the forecasted period, despite a loss of around 450 BPS. On the other hand, Eastern Europe will gain around 420 BPS and exhibit substantial growth during the 10-year period. This region, primarily driven by the Russian VEDR market, will be the fastest growing region globally. The by the collective revenue share of North America and Eastern Europe is likely to be more than 81% by the end of 2026. APEJ is also expected to exhibit significant growth, accounting for over 10% share of the total 2026 revenues.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-1735

Key player insights:

The global market for video event data recorder is predominantly governed by the top five players in the competitive landscape. Digital Ally Inc., WatchGuard Video, Omnitracs LLC, Rosco Inc., and Safety Vision LLC collectively account for roughly 85% market revenues. A few other notable players include Convoy Technologies, OCTOCAM Srl, and L-3 Mobile-Vision, Inc.

While Digital Ally is in the news for its recent launches of advanced technology video event recording systems, the company is also focusing on cloud-based video evidence solution. Digital Ally’s current plans of operation expansion in South America are likely to contribute to its growth in near future. WatchGuard is focusing more on development of integrated evidence management solutions and workforce expansion, whereas Omnitracs is strategising tailor-made services and solutions to gain a competitive edge.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

The global cognitive systems spending market is experiencing numerous technological advancements permitted with exceptional features for several industries especially in the banking sector. Cognitive systems with high-definition technology can help in determining the world’s most composite data analysis difficulties by entering into the complexity of exploiting the power of big data, machine learning, natural language processing, and automated reasoning technology. Some advances in technology would further benefit the diffusion of big data, thereby booming the growth of the global cognitive systems spending market in the forecast period. Another factor that is driving the growth of the global cognitive systems spending market is the challenge that most banks and financial institutions are facing in the present scenario.

The value of the global cognitive systems spending market is anticipated to witness a CAGR of 14.6% during the forecast period of 2020-2030.

“Growing demand for cognitive systems in different application industries and increasing awareness of technological advancements such as natural language processing technology among others, which are prominent factors driving the growth of the global cognitive systems spending market,” Says the FMI Analyst

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Key Takeaways of Cognitive Systems Spending Market Study

• Among the verticals segment, banking segment expected to expand at a higher CAGR over the forecast period, owing to recognition and widespread acceptance of consumer-based intelligent assistant applications.
• East Asia is expected to create lucrative growth opportunities for players in the cognitive systems spending market, owing to the increasing challenge that most banks and financial institutions in the countries of this region.

Increasing Adoption of Cognitive Systems Spending Market amid the COVID-19 Pandemic outbreak

Cognitive collaboration harnesses the benefits of machine learning and artificial intelligence to increase distributed and in-person collaboration experiences. A team of computer science research at the Carnegie Mellon University has developed a tool using Artificial Intelligence (AI) that determines whether an individual is infected with coronavirus by analyzing the sound of their cough, the way they speak or even breathe. The voice production mechanism is so complex and dependent on cognitive abilities, such factors drives the cognitive systems spending market.

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More Valuable Insights on Cognitive Systems Spending Market

FMI’s report on the cognitive systems spending market is segmented into three major sections such as component (GPS & radar systems, multi-function navigation, fish finders/SONAR modules, thermal & visible cameras, marine VHF communication devices, audio/video equipment, marine autopilots, autonomous identification systems, analogue & digital communication display, satellite TV), and software), applications (merchant marine, fishing vessel, yachts/recreation, military naval autonomous shipping, smart boat, underwater drones), and region to help readers understand and lucrative evaluate opportunities in the Cognitive Systems Spending market.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Fiber Channel over Ethernet (FCoE) is anticipated to remain at the forefront, offering significant growth opportunities for players in the storage area network market. SAN technology enables fiber channel SAN traffic to be transmitted natively through Ethernet networks, and provides a reduction in capital and operating costs, as well as reducing cooling and power demand. FCoE links connect seamlessly to existing fiber channel SANs, support existing SAN functions such as logical partitioning and security features through existing management software.

The global SAN market is anticipated to exhibit a CAGR of 4% during the forecast period of 2019-2029.

“SANs provide an opportunity to work directly with end users to customize and design a storage strategy, allowing a system integrator to either expand its consulting services or move beyond a traditional application, server, or hardware solution provider.”

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Key Takeaways of Storage Area Network Market Study

• North America is expected to hold a significant share in the global storage area network market during the forecast period.
• Fiber Channel (FC) is expected to hold a significant share in the global SAN market among all technologies during the forecast period.
• By component, the hardware segment is anticipated to retain its significant share in the global storage area network market during the forecast period. This due to the fact that, SANs leverage the high-performance Fiber Channel I/O and consist of a series of hardware components.
• The demand for hypercscale server SAN is estimated to grow at an impressive CAGR. However, enterprise server SAN is estimated to continue to hold significant market share in the global storage area network market during the forecast period.

Increasing Demand for Efficient Data Backup Management to Propel Sales

In the traditional approach of data backup, various backup and restore functions occur over the LAN, which are typically slow and severely impact the efficiency of the whole operation. In contrast, in a server-less data backup solution (SAN approach), data moves seamlessly across the SAN to tape devices, as it does not utilize critical server I/O or CPU resources. This factor is expected to drive the growth of the global storage area network market over the coming years.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-802

More Valuable Insights on Storage Area Network Market

Future Market Insights offers an unbiased analysis of the global storage area network market, providing historical data of 2014-2018 and forecast statistics for the period of 2019-2029. To understand the opportunities in the SAN market, the market has been segmented on the basis of component (Hardware, Software, and Services), SAN type (Hypercscale Server SAN and Enterprise Server SAN), technology (Fibre Channel (FC), Fibre Channel Over Ethernet (FCOE), InfiniBand, and iSCSI Protocol), and vertical (BFSI, IT & Telecom, Energy & Utility, Government, Military & Defense, Healthcare, Manufacturing, Retail & e-Commerce, and Others), across seven major regions.

About Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

The global extruded snacks market size is expected to reach US$ 71.7 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.20% CAGR between 2019 and 2029. According to the report, changing lifestyles & eating habits, growing preference for prepared ready-to-eat food, lower commodity prices and a booming retail industry are key market drivers. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Request a report sample to gain comprehensive market insights @  https://www.futuremarketinsights.com/reports/sample/rep-gb-11239

• The estimated value of the market was at US$ 47.5 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Currently, Europe represents the largest consumer.
• Asia Pacific is projected to grow at the highest CAGR.
• The expanded snacks segment in the market is projected to grow at a significant rate.
• The global economy is facing a slowdown gradually leading towards a recession due to corona outbreak.
• Wheat is gaining popularity as a healthy snack option, and manufacturers have been developing products in a wide range of flavors.

“Growing number of young population and increasing disposable incomes in the emerging regions are also expected to drive the demand for extruded snack foods,” said a lead analyst at FMI.

Rise in Health Awareness As Consumers Choose Cautious Living Amidst Coronavirus Outbreak to Support Growth

As a result of the spread of coronavirus, consumers have become more vigilant about their snacking habits. They are slowly inclining towards healthier snacking foods such as extruded snacks because of the metabolism-related benefits they offer. Good snacking is often well-thought-of as a weight-loss accompaniment, as these snacks have the necessary vitamins and nutrients the body requires. The nutritional substances in extruded snacks can be transformed by altering protein and starch’s digestion competence. The rising demand for weight control and healthy snacking are likely to drive the global market for extruded snacks over the forecast period. Rising demand for healthy snacking and weight control should fuel the market for the drug worldwide over the period forecast timespan.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11239

Who is Winning?

Some of the leading players operating in the extruded snacks market are PepsiCo, Inc., Calbee, Inc., Campbell Soup Company, ITC Limited, Old Dutch Foods Inc., Grupo Bimbo, Kellogg Company, S.A.B. de C.V., General Mills, Inc., Lorenz Snack-World, Amica Chips S.p.A., Universal Robina Corporation, ICA Foods International, JFC International, Ballreich Snack Food Company, Balance Foods, Inc., Tropical Heat, Chipita S.A., Griffin’s Foods Limited, Barrel O’ Fun Snack Foods Co., Inc., and San Carlo.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Get Valuable Insights into Clean Label Ingredients Market

Future Market Insights, in its new report, presents an unbiased analysis of the global clean label ingredients market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. Based on product type, the market bifurcated into potato, corn, rice, tapioca, mixed grains, and others. Based on types, the market is categorized into potato, corn, rice, tapioca, mixed grains and others. On the basis of distribution channel, the market is segmented into hypermarkets, supermarkets, independent retailers, and convenience stores. The geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

The global food glazing agents market size is expected to reach US$ 3.4 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.5% CAGR between 2020 and 2030. According to the report, change in lifestyle and change in eating preferences have influenced the food glazing agents market to a large extent. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-1611

It includes in-depth insights into the food glazing agents market. Some of these are:

• The estimated value of the market was at US$ 2.1 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• The Asia Pacific food glazing agents market is largely driven by the processed meat industry in China and India.
• Focus on Organic and Vegan ingredient types will set the competition apart for the market players involved in the supply chain of food glazing agents market.
• Europe emerged as a leader in the food glazing agents industry.
• Confectionery segment has emerged as a dominant application.
• Key players are likely to focus on product innovations to stay relevant in developed markets.

Rising consumer interest towards the texture and appearance of foods and increasing demand for glazing agents in the food industry are likely to boost market demand in the forecast period,” said a lead analyst at FMI. 

Increased Consumption of Processed Food Will Boost Growth

Combined with increased consumption of processed food, the growth of the food additives industry primarily drives the global demand for food glazing agents. In addition, rising demand for organic and vegan products is expected to drive demand for food additives, which, in turn, would fuel the growth of the market for food glazing agents. Rising consumer preference towards texture and appearance owing to confectionery and bakery consumption particularly in China, India, and Brazil may drive the food glazing agents market in the mentioned countries.

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Who is Winning?

Some of the major players in the food glazing agents market, globally include Freudenberg Chemical Specialities SE & Co. KG, Mantrose-Haeuser Co., Inc., STEARINERIE DUBOIS, Royal Zeelandia Group BV, Masterol Foods, and Colorcon among others.

The players are expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. Expansion is the most preferred growth strategy followed by new product developments in the global food glazing market. Additionally, acquisitions and partnerships are the two other strategies, followed by the companies to strengthen their market dominance.

Get Valuable Insights into Food Glazing Agents Market

Future Market Insights, in its new report, presents an unbiased analysis of the global food glazing agents market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of basis of ingredient type, the market can be segmented into stearic acid, beeswax, carnauba wax, candelilla wax, shellac, paraffin wax, and others. On the basis of ingredient function, the market is segmented into coating agents, surface-finishing agents, firming agents, film-formers, and others. On the basis of application, it is segmented into bakery, confectionery, processed meat, poultry & fish, fruits & vegetables, functional foods, and others. The market is also segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.