Nutritional Yeast Market is projected to rise at a CAGR of ~14 between 2021 and 2029

A recent market study published by Future Market Insights on the nutritional yeast market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.

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

Nutritional Yeast Market By Product Type
  • Inactive Dry Yeast
  • Fortified Yeast
  • Revivable Yeast
Nutritional Yeast Market By Nature
  • Organic
  • Conventional
Nutritional Yeast Market By Form
  • Powder
  • Flakes
  • Tablet
  • Capsule
Nutritional Yeast Market By Application
  • Food & Beverage
    • Bakery & Confectionery
    • Beverages
    • Soups, Sauces & Seasonings
    • Functional Foods
  • Dietary Supplements
  • Personal Care
  • Animal Feed
  • Other Applications
Nutritional Yeast Market By Sales Channel
  • B2B
  • B2C
    • Modern Trade
    • Specialty Store
    • Convenience Store
    • Online Retail
    • Other Sales Channel

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Nutritional Yeast Market By Region
  • North America
  • Latin America
  • Western Europe
  • North & Eastern Europe
  • APEC
  • China
  • Middle East & Africa
Nutritional Yeast market Analysis By Application
Frequently asked questions about global Nutritional Yeast market
Which application segment witnesses highest growth opportunities?

The food & beverage segment accounts for the maximum share in the nutritional yeast market. It is used as vegan meat and natural food flavor in food and beverages.

What is the critical trend influencing strategies adopted by manufacturers of nutritional yeast?

Veganism will be the most critical trend influencing production decisions of manufacturers. Manufacturers and retailers of nutritional yeast are marketing their products as vegan and meat substitutes to attract vegan consumers and improve their revenues.

What is the degree of competition in the nutritional yeast market?

Globally nutritional yeast is still at an introductory phase, therefore, more promotions and advertisements are required to spread awareness about its applications and health benefits. The nutritional yeast is widely used in food and beverage and dietary supplements. The vegan food products and plant-based proteins and ingredients markets are witnessing high growth rates due to which the demand for nutritional yeast is growing across the globe.

Which region will lead the global sales of nutritional yeast?

Western Europe remains the largest shareholder in the nutritional yeast market. However, Asia Pacific is expected to show higher growth.

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Disposable Negative Pressure Wound Therapy Devices Market expected to reach US$ 461.3 Mn & ~ 10.7% CAGR through 2022-2028

In the report published by Future Market Insights titled “Disposable Negative Pressure Wound Therapy Devices Market: Global Industry Analysis (2017 – 2021) and Opportunity Assessment (2022 – 2028)”, it has been stated that the development around the globe in the last couple of years reflected certain complexities and fissures related to the political environment across many countries.

As protectionists are threatening to penetrate the notions of free-trade, globalization is likely to face its most difficult test ever. The threat of populist policies disrupting the decades-old trade agreements have grown bigger as the social and cultural rift between the bourgeoisie and proletariat is deepening with time.

While the preceding decades were marked by unison and formation of economic blocks, disintegration has been the story of the recent past. Although the business climate is far from favorable for organizations who have interest in multiple countries, the prevailing encounters have also obligated that corporate social responsibility becomes more than just a formality and companies actually demonstrate that they contribute to the societies they operate in.

There is a dire need for companies to participate in discussions and debates that will eventually lead to policy formulations. Owing to these circumstances the global disposable negative pressure wound therapy devices market is anticipated to witness a CAGR of 10.6% over the forecast period of 2022 and 2028.

2013-2021 Disposable Negative Pressure Wound Therapy Demand Outlook Compared to 2022-2028 Forecast

The Global disposable negative pressure wound therapy devices market is growing with the increasing prevalence of diabetes leading to diabetic ulcers & pressure sores. The continuously growing surgery numbers across the world leads to the consequential post-operative wounds, requiring negative pressure therapies and surgical site infections, becoming another reason for advanced usage of negative pressure wound therapy

The Global Disposable negative pressure wound therapy devices market constitutes nearly 9.2% of the ~2.47 Bn Negative Pressure Wound Therapy Market globally. Disposable negative pressure wound therapy allows clinicians for low exudating and small- to medium-sized wounds. The therapy is performed through a vacuum-assisted wound closure, which continuously or intermittently apply sub atmospheric pressure to the system, which in turn provides a positive pressure to the surface of a wound.

For instance, according to the American Diabetes Association (ADA), over 9–12 million Americans suffer from chronic ulcers, additionally, over 3% of the population older than 65 years have succumbed to some or other open wounds. It is been estimated that (US Government Estimates), by the year 2060, the elderly population will be over 77 million, signifying that chronic wounds will continue to be an increasingly persistent problem in this population. The consistent growth in burden of wound among population will enhance the interventions of negative pressure wound therapy

Hence, the demand outlook for disposable negative pressure wound therapy devices market is forecasted to grow at rapid rate during the forecast period owing to the growing demand for negative pressure wound therapy surgeries.

The disposable negative pressure wound therapy devices market is expected to expand at a considerable growth rate between 2022-2028 at a CAGR of around 10.7%, and observe an incremental $ opportunity of USD 210.6 Mn from 2022 to 2028. The hospitals segment will remain the most preferred option for surgeries conducted, during the forecast period.

disposable npwt devices market

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Cost Control Measures and Rising Healthcare Expenditure to Bode Well for the Market

The adoption rate of disposable NPWT devices is rising in developed nations such as the U.K., Germany, and the U.S., due to the obligation of healthcare burden across these countries owing to the growing prevalence of chronic wounds. According to an article on Wound Practice and Research, the healthcare expenditure for chronic wounds of 6.5 Mn patients accounts for over US$ 25 Bn per year in the U.S. Other research studies have also indicated that among chronic wounds, venous insufficiency ulcers constitute approximately 50% of the chronic leg ulcers. These wounds result due to venous etiology.

Annual prevalence of venous insufficiency ulcers in those aged 65 and above has been estimated to be near to 2 in every 100 persons per year. Prevalence of pressure ulcers varies between 0.31% and 0.70% per year in the United States.  Such cases are likely to boost the demand for disposable NPWT in the years to come.

Moreover, the growing focus on the expenditure pertaining to healthcare across developed as well as developing nations is expected to drive the adoption high quality patient care treatment options across the globe. This has also led to the rise in the per capita healthcare expenditure owing to the rising disposable income of people across the globe. This, is further expected to fuel the demand for wound care therapy and also increase the adoption of disposable NPWT devices in the course of the forecast period.

North America to Lead Among All Regions

North America is expected to stay on the vanguard during the forecast period in the global disposable NPWT devices market with a share of 51.1% in the overall market. The U.S. is expected to emerge as the most lucrative nation in North America closely trailed by Western Europe and Asia Pacific excluding Japan. Based on product type, the market has been bifurcated into disposable NPWT with canister and disposable NPWT without canister. On the basis of end user, the market has been segmented into hospitals, clinics, and homecare settings.

Market Players to Concentrate on Product Differentiation

The top players in the market are focusing on product differentiation and expansion of consumer base in order to retain their position in the market. The leading players accounted for over 77% of the global market share in 2016. The players are Acelity (Kinetic Concepts, Inc.), Cardinal Health Inc., Smith and Nephew PLC., ConvaTec Inc., and Medela.

Disposable Negative Pressure Wound Therapy- Market Segmentation – by Category

By Product:

  • Disposable NPWT with canister
  • Disposable NPWT without canister

By End user:

  • Hospitals
  • Clinics
  • Home care settings

Region:

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

Yeast Extract Market is estimated to be valued at US$ 4,318.0 Million in 2022

Diverse application of different types of yeast extracts is driving market growth, and, as such, the global yeast extract market is witnessing rising demand, as consumers seek healthy food products derived from natural sources. The global yeast extract market is anticipated to be valued at US$ 1.1 Bn in 2019. Future Market Insights, a reputed name in the market research industry, projects that, the yeast extract market is expected to experience a growth rate of more than 6% in terms of value during the forecast period of 2019-2029.

Yeast products are mostly process-resistant, i.e., their composition does not get affected by processes when acid is introduced or during heating or freezing. This makes them appropriate for use in various applications across numerous industries such as food, beverages, cosmetics and personal care, nutraceuticals, pharmaceutical, and others. In the food and beverage industry, yeast extract is mainly used in soups, broths, fish, meat, analogue products, and seasonings.

There is high demand around the world for natural food products over synthetic and chemical food products, to prevent increasing lifestyle diseases. Thus, many food manufacturers are changing their manufacturing patterns and including more natural ingredients in their final products. This is the main factor expected to lead to the positive growth of the yeast extract market over the coming years.

Key Takeaways from Yeast Extract Market Study
  • According to FMI study’s on the yeast extract market, consumers seek products that are healthy and derived from different natural sources. Yeast extract is a kind of healthy food additive, which matches the growing consumer interest supporting their healthy lifestyle and healthy food.
  • The yeast extract market has been segmented on the basis of grade, where food grade yeast extract holds a major share. However, over the course of the coming years, feed grade yeast extract is expected to experience high growth due to its increasing demand from the feed industry.
  • Among the end-use industries the food and beverage industry contributes around 36.4% share in the overall yeast extract market. Yeast extract is used in soups, processed food, dairy food, bakery products, sauces, savory flavors, non- alcoholic beverages, and alcoholic beverages. In addition to this, it finds application across various other industries, such as the cosmetic and personal care industry.
  • Asia Pacific dominates the global yeast extract market in terms of value share, with both, Latin America and Asia Pacific expected to experience a high growth rate over the forecast period. China, especially, is exhibiting rising demand for yeast extract, owing to increasing consumer demand for premium food products with high flavor and taste.

Yeast Extract Market

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Yeast Extract Manufacturers Focusing on Product Innovation and Launches to Establish Strong Footprint

Manufacturers operating in the yeast extract are investing more in research & development activities to upscale their product innovation and improve their product portfolio. They are also focusing on increasing their sales footprint to serve consumers around the globe. Yeast extract manufacturers are expanding their supply chain to meet the demand from various end-use industries such as food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries.

YEAST EXTRACT MARKET TAXONOMY

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

Grade

  • Food Grade
  • Feed Grade

End Use

  • Food and Beverages
    • Soups
    • Processed Food
    • Dairy Products
    • Bakery
    • Sauces & Savory Flavors
    • Non-alcoholic Beverages
    • Alcoholic Beverages
  • Animal Feed
  • Pharmaceuticals
  • Microbial Nutrients
  • Cosmetics & Personal Care
  • Others (Biofuel & Biomass Production)

Region

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • Asia Pacific

Find More Valuable Insights on Yeast Extract Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global yeast extract market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study divulges compelling insights on the yeast extract market based on grade (food and feed) end use (food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries), across five major regions.

Cardiac Assist Devices Market expected at a CAGR of ~ 5.64% & US$ 2,062.7 Bn during the forecast period 2021–2031

ESOMAR-certified consulting firm Future Market Insights (FMI) forecasts steady growth for global cardiac assist devices over the assessment period between 2021 and 2031. The market is poised to expand at 5.29% CAGR, surpassing valuation of US$ 1231.8 Bn in 2021.

Driven by increasing demand for ventricular assist devices, the market is expected to register healthy growth in the upcoming decade. Surging cases of heart failure across the globe have resulted in increased demand for ventricular assist devices.

Technological advancements in ventricular assist devices intended to curb the mortality rate have driven the adoption in the U.S., the U.K., and Germany. Due to the benefits such as minimal hospital stays and fast recovery, demand for minimally invasive devices have improved the adoption of ventricular assist devices.

With rising prevalence of coronary heart diseases, demand for left ventricular assist devices in countries including the U.S. and the U.K., market is anticipated to witness billion-dollar opportunity during the forecast period.

Favorable government initiatives and fast-track approval for ventricular assist devices have improved the market demand, registering year-on-year growth at 5.90% CAGR in 2021.

2016-2020 Global Cardiac Assist Devices Market Outlook in Comparison to 2021-2031 Forecast

Cardiac Assist Devices Market recorded steady growth at 5.64% CAGR during the historical period of 2016 and 2020. Rising prevalence of heart failure across the globe resulted in increased demand for cardiac assist devices.

With mounting cases of coronary heart diseases, technological development in the field of ventricular assist devices is recognized as a key driver for the growth of the Cardiac Assist Devices Market.

As per FMI’s analysis, growth in cardiac assist devices is attributed to the growing prevalence of lifestyle disorders that are the major cause for cardiovascular diseases.

Cardiovascular diseases such as coronary heart disease and others have led to increased cases of heart failure, especially across the U.S., the U.K., and India. Every year around 6.2 million Americans die from heart failure, as per the data of Centers for Disease Control and Prevention.

Demand for heart transplantation have significantly increased due to the rising cases of heart failure. However, due to the unavailability of heart donor and long waiting list result in increased mortality rates.

Hence, patients are opting for ventricular assist devices for the treatment of heart failure. Due to the increased demand of ventricular assist devices, leading companies are continuously developing advanced cardiac assist devices catering the demand.

Key companies are adopting cutting-edge technologies such as artificial intelligence and internet of thinking to facilitate the rising demand and curb the mortality rates.

Due to the unprecedented outbreak of COVID-19, healthcare companies witnessed sudden boost due to the high demand for cardiac assist devices from hospital pharmacies. As per FMI, market witnessed a year-on-year (Y-o-Y) growth at 5.90% CAGR, topping US$ 1,231.8 Bn in 2021.

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cardiac assist devices market snapsot characteristics and attributes with regional relevance 2021-2031

Key Takeaways from FMI’s Cardiac Assist Devices Market Study

  • In terms of product type, ventricular assist devices (VAD) accounted for over 62% of global market share
  • Implantable devices are anticipated to capture maximum share owing to the ability to control, monitor and screen erratic heart rhythms
  • Hospital pharmacies are anticipated to hold major revenue share although ambulatory surgical center segment is expected to gain traction in the upcoming decade
  • The U.S. is anticipated to lead the global market owing to the increasing cases of heart failure resulting in surging demand for VAD
  • The U.K. and Germany are expected to dominate the Europe’s cardiac assist devices backed by technological development in the field of VAD
  • India is expected to emerge as highly lucrative market backed by favorable government initiatives and rising demand for minimally invasive devices

Competitive Landscape

Some of the leading healthcare companies are focusing on new product launches and innovation to stay ahead in the competition. As per Future Market Insights, Terumo Corporation, Medtronic PLC., Abbott Laboratories, Maquet GmbH, and Teleflex Incorporated are leading the market.

Key players are increasing the supply of ventricular assist devices catering the burgeoning demand, creating lucrative revenues. Increasing demand for artificial heart devices have led to consolidation of market by these top players.

However, new emerging players are adopting strategies including new launches and collaborations to gain the lead in the industry.

In June 2021, Medtronic PLC took the decision to stop the global sales of Medtronic Heartware HVAD left ventricular assist device (LVAD), which paved the way for many emerging players and leading players such as Abbott to increase the supply and capacity of LVADs.

In October 2020, another leading player, Abiomed announced the approval for its Impella CP Heart Pumps in Japan from Ministry of Health, Labor, and Welfare.

Cardiac assist devices Market by CategoryBy Product Type:

  • Ventricular Assist Devices (VAD)
    • Left Ventricular Assist Device (LVAD)
    • Right Ventricular Assist Device (RVAD)
    • Biventricular Assist Device (BIVAD)
    • External Ventricular Assist Devices
  • Intra-Aortic Balloon Pump

By Modality Type:        

  • Transcutaneous
  • Implantable

By End-User:

  • Hospital
  • Ambulatory Surgical Centers

By Region:

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

Aluminum Cans Market is expected to witness growth at nearly 5% CAGR during the forecast period 2021-2031

The global sustainability driver of reducing the use of plastics is often discussed about  aluminum cans , especially by the beverage sector . Global sales of aluminum cans are projected to reach US $ 76 billion in 2029, as shown in a new Future Market Insights (FMI) study.

The global aluminum can market, characterized by an increasing demand for smaller pack sizes, observes promising growth prospects over the forecast period. The attractiveness and product differentiation at the point of sale that aluminum cans offer over other packaging formats such as plastic and glass bottles are food and beverages, paints and coatings, pharmaceuticals, and cosmetics & personal care.

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Aluminum Cans Market Competitive Landscape

Leading manufacturers in the aluminium cans market are focusing on increasing their production capacity to meet the increasing demand for aluminium cans across food, beverages, personal care & cosmetics, pharmaceuticals, and paints & lubricants industries.

Meanwhile, the other key players are expanding their product portfolio to cater to the growing demand in the aluminium cans market. For instance,

  • In February 2021, Ball Corporation (‘Ball’), the supplier of aluminium packaging, is offering spring water in aluminium beverage cans created by Responsible Whatr, a home-grown brand. This pure water, when packaged in aluminium cans, does not lose its freshness when exposed to light or heat.
  • In May 2021, VOLNAA, a beverage company, for making safer for its consumers the company introduced aluminium cans which contains packaged drinking water, to drink water on the go. With the relock revolution, the firm producing cans that are 100 percent recyclable in the hopes to contest the threat of plastic pollution.
  • In June 2021, The German Company has teamed up with Nussbaum, a Swiss packaging company, to create aerosol cans made entirely of post-consumer recycled aluminium. The revolutionary aerosol packaging took a year to develop because it was made completely of repurposed beverage cans. By the end of 2021, the first Beiersdorf products in aerosol cans made entirely of recycled aluminium will be available on the market.

In June 2019, a company named, PepsiCo plans to replace plastic bottles with aluminium cans of Aquafina at locations around the United States. In addition, the business declared that they will only sold 100% recycled polyethylene terephthalate for its LIFEWTR brand, and that its bubly product will no longer be packaged in plastic.

The outlook for the aluminum can market remains fairly integrated

Crown Holdings Inc., Ball Corporation, and Ardagh Group SA are leading companies operating in the global aluminum can market. The market remains fairly integrated, with these three players accounting for more than  40% of the global market . Toyo Seikan Co., Ltd., Silgan Containers LLC, Nampak Ltd. CPMC Holdings Limited, and CCL Industries Inc. are relatively small players in the global market. However, some regional and unorganized manufacturers may enter the aluminum can market by cooperating with each other to compete with global players in regional price trends.

The global aluminum can market is subdivided in detail to cover every aspect of the market and present readers with full market intelligence.

product

  • One piece can
  • 2 piece can
  • 3 piece can

capacity

  • Up to 200 ml
  • 201-450ml
  • 451-700ml
  • 700-1000ml
  • More than 1000ml

End-use industry

  • food
    • Fruits and vegetables
    • Ready to eat
    • Meat, chicken, seafood
    • Pet food
    • Bakery & confectionery
    • others
  • Drink
    • Alcoholism
    • Non-alcoholic
  • Personal care & cosmetics
  • Pharmaceuticals
  • Paints and lubricants

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201-450ml aluminum cans to maintain demand

Beverage giants such as Coca-Cola and PepsiCo are preparing to roll out aluminum-wrapped water, and market players are increasing the production of wide-capacity aluminum cans. Due to its advantages such as light weight, easy to carry and store, 201-450 ml aluminum cans are in relatively high demand amid the rise of “on the go” culture and the growing popularity of ready-to-drink (RTD). I’m still watching. Beverages.

Manufacturers prioritize lightweight cans and alternative coatings

Metal  packaging means reducing plastic waste in the ocean. However, it has its own eco-price. In addition to focusing on recycled aluminum, manufacturers focus on replacing bisphenol A (BPA) with a coating of low or zero chemicals to overcome the threat of the former chemicals and metal. Enjoy most of the environmental rewards of using.

Lightening has emerged as a major trend in  beverage packaging  that not only meets the demand for convenience, but also helps package makers and brand owners reduce their environmental footprint and overall costs .

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How growth unfolds

Demand for aluminum cans continues to rise due to the strong influence of “recyclability”. These cans dominate the beverage industry and can be recycled indefinitely without losing their properties during the process, compared to most food grade plastics that are downcycled.

Manufacturers are also focusing on capacities in the higher range of 700-1000ml and over 1000ml to take advantage of the rapidly growing demand from the  paints  and lubricants and personal care and cosmetics industries .

Motorcycle Lead Acid Battery Market is projected expand at a CAGR of 5.6% during the forecast period of 2021-2027

Primarily used in motorcycles, absorbent glass mat (AGM) batteries are gaining significant traction in the global market due to their properties such as swift recharge and high voltage capability.

Motorcycles are experiencing a significant surge in demand in regions such as North America and Europe, while Asia Pacific has always been a region with high demand. As such, the demand for motorcycle lead acid batteries such as AGM is expected to rapidly increase over the forecast period. The global motorcycle lead acid battery market is projected expand at a CAGR of 5.6% during the forecast period of 2019-2027.

Key Takeaways of Motorcycle Lead Acid Battery Study

  • Increasing electrification and modification in motorcycles has driven the requirement for more powerful batteries. This has led to increasing preference for AGM batteries in Europe and North America.
  • Increasing production of electric motorcycles and rising number of motorcycles are driving new orders and contracts related to lead acid batteries.
  • With improvements in the economy, automobile sales are booming, which is boding well for the SLI (starting, lighting, and ignition) lead acid batteries, since these are the preferred choice for powering internal combustion engine-based automobiles.
  • Since the motorcycle lead acid battery market is demand-driven, growth depends on customer preferences and sentiments across all regions. India, China, and South East Asian countries are expected to hold major market share in the coming years.
  • Lead acid battery technology is facing stiff competition from alternative technologies that are being inculcated in batteries, such as lithium ion (Li-ion), zinc-air, and nickel metal hydride (Ni-MH).

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The APAC motorcycle lead acid battery market is expected to offer the most opportunities, owing to increasing demand for motorcycles in countries such as China and India. Moreover, motorcycles are expected to be extensively utilized as a transport option across Africa, boosting the demand for motorcycle lead acid batteries at a rapid pace in the region.

Competitive Landscape

Key players involved in the motorcycle lead acid battery market include Bosch Limited, Banner Battery, Dynavolt Renewable Energy Technology Co., Ltd., Leoch International Technology Limited Inc., Chaowei Power, Deltran Battery Tender, Southern Batteries Pvt. Ltd., and Camel Group Co., Ltd. among others.

Most players are focusing on building alliances, expanding their global footprints, and making long-term contracts by investing in large-scale projects to remain dominant in the global market.

What Does the Future Hold?

The global motorcycle lead acid battery market is predicted to be an opportunistic market, as manufacturers are increasing investments towards the research & development of new products. The global motorcycle lead acid battery market is mainly propelled by the increasing preference towards E-mobility and introduction of technologically-advanced motorcycles, recycling benefit of lead-acid batteries, and increasing preference for AGM batteries.

Motorcycle Lead Acid Battery Report Analysis

Future Market Insights has published a market research report on the motorcycle lead acid battery market that contains global industry analysis for 2013–2018 and opportunity assessment for 2019–2027. The report provides insightful analysis of the motorcycle lead acid battery market through three different segments – vehicle type, sales channel, and region.

The motorcycle lead acid battery market report also provides market dynamics along with a comprehensive list of service providers in the market, and a detailed overview of the parent market.

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MOTORCYCLE LEAD ACID BATTERY MARKET TAXONOMY

Motorcycle Lead Acid Battery Market: Segmentation

Vehicle Type

  • Motorcycles
  • Scooters

Sales Channel

  • OEMs
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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Animal Model Market is estimated to be valued at US$ 1.7 Billion in 2022

According to a recently compiled study by Future Market Insights, the global animal model market will reflect an impressive CAGR through the forecast period, 2017 to 2026. Revenues from the global market for animal model are poised to surpass US$ 2,200 Mn by 2026-end.

Leveraging Animal Models offers Better Understanding of Different Diseases

Animals and human beings share a common biological as well as physiological structure. Animals possess shorter life cycle, however they have high genotype resemblance. It is simple and easy to control the animal environment as compared to the human beings.

The animal models are increasingly being used in the biomedical research that helps to develop new treatment methods for various diseases. Leveraging animal models offers a better understanding of different diseases, along with the efficacy of drugs with regard to the diseases.

Owing to these factors, demand for animal models has been witnessing a significant surge in the healthcare sector. Alternatives such as cell cultures, tissue cultures, and computer models are also available, however animal models are more preferred owing to the complexity of the living systems. This further makes animal models an effective choice for biomedical research.

Development of animal models, which are more predictive in being effective is an iterative process. However, progress is being made, with researchers applying new experimental approaches to elucidate the biology of specific diseases for the creating of new and efficient animal models.

During the development of new drugs dedicated to complex diseases, researchers are being well advised for testing drugs in multiple animal models as well as in mouse strains with different genetic backgrounds.

Researchers are also focusing on employing translational efficacy or pharmacodynamic biomarkers for linking efficacy observed in clinical results with pre-clinical analyses.

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Key Takeaways from FMI’s Report on Global Animal Model Market
  • North America is expected to remain the largest and fastest expanding market for animal model, with revenues estimated to surpass US$ 800 Mn by 2026-end. Between animal model markets in Asia-Pacific and Europe, the former will account for relatively larger revenue share, whereas the latter will expand at a comparatively higher CAGR through 2026. Although the market in South Korea will account for the lowest market revenue share, revenues are projected to expand at a relatively higher CAGR than those from the markets in Latin America and Middle East & Africa (MEA) through 2026.
  • On the basis of species, revenues from rats and mice are projected to account for over two-fifth share of the market by 2026-end. Revenues from use of rats in animal models will expand at the highest CAGR in the market through 2026. In addition, revenues from use of cats and monkeys in animal models will rise at a nearly equal CAGR through 2026. Dogs and pigs are expected to remain the least lucrative species used in animal models during the forecast period.
  • Contract research organizations (CROs) and biotechnology companies are anticipated to remain the fast expanding end-users of animal models. Revenues from these two end-users are collectively forecast to surpass US$ 850 Mn by 2026-end. In terms of revenues, academic & research institutions and pharmaceutical companies will continue to be dominant end-users in the global animal model market.
  • Basic and applied research application of animal model will continue to register the fastest expansion through 2026. However, drug discovery/development will remain the most lucrative application of animal model.
  • Key companies actively contributing to growth of the global animal model market include Transposagen Biopharmaceuticals, Inc., Envigo CRS SA, Crown Bioscience, Inc., Eurofins Scientific SE, Genoway SA, Taconic Biosciences, Inc., Trans Genic Inc, The Jackson Laboratory, Horizon Discovery Group plc, and Charles River Laboratories International, Inc.
Key Segments of Animal Model Industry Research

Animal Model Market by Species:

  • Rats
  • Mice
  • Guinea Pigs
  • Rabbits
  • Monkeys
  • Dogs
  • Pigs
  • Cats
  • Other Species

Animal Model Market by End User:

  • Academic & Research Institutions
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Contract Research Organizations (CROs)
  • Other End Users

Animal Model Market by Application:

  • Basic and Applied Research
  • Drug Discovery/Development

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Animal Model Market by Region:

  • North America Animal Model Market
  • Latin America Animal Model Market
  • Europe Animal Model Market
  • East Asia Animal Model Market
  • South Asia & Pacific Animal Model Market
  • Middle East & Africa (MEA) Animal Model Market

Toothpaste Tablets Market is expected to grow at a healthy CAGR of over 6.1% during the study forecast period 2021-2031

Global toothpaste tablets sales are expected to grow at a healthy CAGR of over 6.1% during the study forecast period 2021-2031, despite a period of less growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The research study tracks toothpaste tablets sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.

Many players in the retail sectors are now switching towards adopting subscription based retail model. A Subscription based business model is looked upon as a favourable strategy for expanding the existing line of product offerings or launching a new business. In light of this, many players operating in the toothpaste tablets market have resorted to subscription based sales model to promote sales and simultaneously retain customers.

Hello is one such oral care brand that follows subscription based model. The brand provides an opportunity to customers to start their subscription by selecting one of the bundle offerings from their portfolios. The consumers are free to select subscription duration as per their convenience.

Besides this, the brand also offers consumers to create their own customised subscription box of their favourite products. Simultaneously the brand also guarantees free products on every subscription. Such efforts has helped the brand create, develop and expand their business. Subscription based business model is also adopted with an aim to create a loyal consumer base.

In terms of product types, fluoride-free toothpastes tablets account for a significant share in the market. Many players are expanding their offerings also to include new flavoured toothpaste tablets that are more appealing to consumers especially kids.

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Key Takeaways from the Toothpaste Tablets Market Study
  • Toothpaste tablet market registers impressive recovery at over 5% y-o-y growth in 2021, following a period of lull in 2020
  • Presence of leading players steering sales in U.S., which accounts for over 88% of the North America market
  • Focus on dental and oral health will continue rising in the U.K., pushing toothpaste tablets sales at 4.7% in 2021
  • France and Germany emerge as strong markets as buyers demonstrate higher willingness to spend on fluoride-free toothpaste tablets
  • Increasing population and higher focus on personal care and hygiene will continue pushing toothpaste tablets sales in China

“Tailored marketing has significantly helped brands enhance their market reputation. Many of the toothpaste tablets brands currently operating in the market are using numerous connotations like eco-friendly, non-toxic, green, sustainable, gluten-free, paraben-free, fluoride-free, etc. to promote their products as healthy and safe in the eyes of consumers.” says an FMI analyst.

Impact of COVID-19 on the Market:

The outbreak of covid-19 has caused enormous disruptions in the retail sector in both demand side as well as supply side. Managing demand fluctuations was one of the major challenges encountered by the players in the retail industry. The covid-19 outbreak also drastically impacted consumer’s buying habits. A specular shift from store based retail to online retail was observed. Besides this, the pandemic outbreak also highlighted the importance of ethical living which increased awareness regarding penetration of small scale and local brands in the retail sector.

Who is winning?

Some of the key players present in the toothpaste tablets market are Johnson and Johnson Consumer Inc., Colgate Palmolive Company, Weldental, Inc., DENTABBS GmbH, Bite, Lush Cosmetics Company, Kaylaan LLC., Dental Lace, Inc., Archtek, Inc., Georganics,  Well Earth Goods, Pure Earth Essentials and among others.

Get Valuable Insights into Toothpaste Tablets Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global toothpaste tablets market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the toothpaste tablets market based on the product type (fluoride toothpaste tablets and fluoride-free toothpaste tablets), consumer orientation (adults and children), and sales channel (hypermarkets/supermarkets, multi-brand stores, convenient stores, online retailers, wholesalers and distributors and other sales channel), across seven major regions.

Toothpaste Tablets Market by Category

Product Type

  • Fluoride Toothpaste Tablets
  • Fluoride-free Toothpaste Tablets

Consumer Orientation

  • Adults Toothpaste Tablets
  • Children Toothpaste Tablets

Sales Channel

  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Convenience Stores
  • Online Retailers
  • Wholesalers and Distributors
  • Other Sales Channel

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-13107

Region

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

Microalgae Market will reach 63,864.60 DW tons by the end of 2021

Consumers prefer sustainable ingredients when it comes to food and beverage consumption. Thus businesses operating in the food industry are investing in research and development to produce exclusive and high quality goods, as well as embracing the newest expertise which will allow them to ascertain high-quality standards.

Customers predominantly favor brands that have the finest quality products. Hence, competition is growing in the microalgae sector. Coupled with this, they are willing to pay more for high-quality products since they desire food products that are produced using organic ingredients.

Key Takeaways from Microalgae Market
  • In terms of species, spirulina is leading with value share with 41.7% in 2021.
  • Phaedactylum is expected to grow with CAGR 7.9% over forecast period in microalgae food sector.
  • Among end users, health and medical segment is leading microalgae market in 2021, followed by food and beverage sector.

“Manufacturers operating in the microalgae market are aiming at manufacturing self-sustainable products and offer consumers a greater choice of new category products including microalgae as key ingredient,” said a lead analyst at FMI

Increasing Functionality of Microalgae to Propel Growth

The microalgae ingredients currently available in the market do not serve a single purpose. Each microalgae species could be used for a number of purposes. This raises the product’s market value. Its clean label nature also adds to its allure. Because of its range of functionality, researches are being conducted to discover new functionalities and to use microalgae products in these applications to achieve better results.

Despite the fact that different microalgae products have different applications, the function of all of them is essentially the same. The only difference between these products is their effect in these applications.

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Who is winning?

Customers are increasingly focusing on service and quality. As a result, companies are investing in research and development initiatives to create unique and innovative high-quality product lines, as well as concentrating on integrating cutting-edge technology to maintain a high standard.

Various manufacturers are focusing on providing microalgae products at the best possible price, due to their increasing demand among customers.

Companies such as Pondicherry Spirulina Farms, an India-based Spirulina producer is selling powder spirulina at a price as low as US$ 3.7-4.5 per Kg which is the lowest price for Powder Spirulina in the world. Global average of Powder Spirulina is US$ 6.5-12.5 per Kg

Some of the other leading microalgae producers are Parry Nutraceuticals, DIC Corporation, Roquette Frères, BASF SE, Fuji Chemical Industries Co., Ltd, BGG (Beijing Gingko Group), Lonza Group AG, Chlorella Industry Co., LTD. Koninkliijke DSM NV, Yunnan Green-A-Bio-engineering Co Ltd, and many more.

Microalgae Market by Category

By Species Type:

  • Spirulina
  • Chlorella
  • Dunaliella
  • Haematococcus
  • Crypthecodinium
  • Schizochytrium
  • Euglena
  • Nannochloropsis
  • Phaedactylum
  • Others

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

  • Food and Beverages Sector
  • Health and Medical Sector
  • Animal Feed Sector
  • Pet Food Sector
  • Cosmetics and Personal Care Sector
  • Fertilizers Sector

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-13748

By Region:

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

Acetone Market value of US$ 10,248.6 Million by the end of 2031

A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between 2021 and 2031. Rising application in solvents will continue creating growth opportunities across various industries.

Acetone market is segmented by grade as high purity grade (≥ 99.5%) and low purity grade (< 99.5%). Among these, low purity grade accounts for the dominant share. Low purity grade acetone is used in the production of agricultural chemicals, paints & coatings, adhesives, rubber processing, plastics & polymers and others while high purity grade acetone is preferred for pharmaceuticals and cosmetics & personal care products. The global Acetone market is estimated to reach a total market value of US$ 10,248.6 Mn by the end of 2031, growing at a rate of 4.9% during the forecast period.

The ongoing COVID-19 pandemic has impacted the global economy to a considerable extent causing severe loss to the industrial as well as to the commercial sector. This trend is observed to be true for the Acetone market growth, which is estimated to slightly dip down in the year 2020 and further is projected to get the desirable growth from first half of 2021.

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Key Takeaways of Acetone Market Study

  • Rising at 4.9% CAGR, acetone market will continue registering positive growth between 2021 and 2031
  • Expansion of chemicals sector supporting growth in the U.S. market, which accounts for over 84% share in North America
  • Recovering industrial applications will enable the U.K. market to register 1 y-o-y growth in 2021
  • Germany and France too will showcase positive growth rate as acetone markets within Europe
  • China is projected to hold a relatively larger share in East Asia owing to rising demand for coatings in the manufacturing sector

“Acetone manufacturers mostly have integrated plants with phenol and currently the market is oversupplied; however, increasing demand from various industries is anticipated to offset the surplus production during the forecast period” Said by a FMI analyst.

Solvent application accounts for the maximum share of acetone consumption followed by MMA and BPA. Increasing demand for solvents from industries such as paints & coatings adhesives, agricultural chemicals, pharmaceuticals and others is anticipated to drive the demand for acetone in upcoming future. According to the study, it will account for over 35% of sales in the market in 2021, with projections indicating steady increasing over the forecast period.

In terms of end user industries, chemicals segment dominate the global acetone market and same trend is followed by all regions except South Asia & Pacific, where pharmaceuticals dominate the global market. Furthermore, increasing demand for plastics from end user industries such as automotive and constructions is further anticipated to bolster the demand for acetone in upcoming future. Increasing demand for light weight vehicles is anticipated to increase the consumption of plastic per capita and thereby push the demand for acetone during the forecast period.

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Who is Winning?

The global Acetone market can be considered as fairly fragmented, large number of players account for a small share of the total Acetone market. In order to survive in the market, manufacturers are focusing on long-term contracts with raw material suppliers and end users for maximizing profits and ensuring continuous revenue flow.

Key market participants including Ineos Phenol, Altivia Chemicals, Royal Dutch Shell PLC, Sasol Ltd, The Dow Chemical Company, Domo Chemicals GmbH, Formosa Chemical and Fibre Corporation, Cepsa Quimica, SABIC, Honeywell Research Chemicals and Spectrum Chemical Mfg. Corp. amongst others are focusing on increasing their share in global market by entering into strategic acquisitions and collaboration with other market participants. Most of the acetone manufacturers have integrated plants with phenol.

Want to Know More?

Future Market Insights has published a market research report on the Acetone market that contains global, regional, and 20+ countries’ industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Acetone market through four different segments- grade, application, end use and region. The Acetone market report further provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market along with a detailed overview of the parent market.

Acetone Market by category

Grade

  • ≥ 99.5%
  • < 99.5%

Application

  • Solvent
  • MMA
  • BPA
  • MIBK
  • Others

End Use

  • Chemicals
    • Agricultural Chemicals
    • Paints & Coatings
    • Rubber Processing
    • Polymer & Resin Processing
    • Adhesives
    • Printing Ink
  • Pharmaceuticals
  • Cosmetics & Personal Care

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-276

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa