Behavioural Health Market Is Expected To Expand At 3.4% CAGR Over The Forecast Period 2022-2028

North America is expected to hold the highest revenue share in the global behavioural health market over the forecast period. Currently, over 43.8 million adults in the U.S. are suffering from mental illness, which is fuelling demand for behavioral health services. Developing economies are witnessing large demand for home care services, day care services, and internet-counselling services, which is further expected to boost revenue growth of the behavioural health market in emerging markets.

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Segmental Analysis & Forecast

The global behavioural health market is segmented based on service type, disorder type, and region. Based on service type the market is segmented into outpatient counselling, intensive case management, home-based treatment services, inpatient hospital treatment, emergency mental health service and others. The inpatient hospital treatment services type segment is expected to represent highest revenue share in the global behavioural health market. Home-based treatment services are expected to gain popularity among people in the coming years and this segment is expected to expand at a CAGR of 4.0% over the forecast period.

Based on disorder type the market is segmented into the anxiety disorder, bipolar disorder, depression, eating disorder, post-traumatic stress disorder (PSTD), substance abuse disorder and others. Among all disorder types, the anxiety disorder segment is anticipated to continue to lead the global behavioural health market due to a high patient pool globally and high adoption of behavioural health therapy among patients suffering from anxiety issues. According to the WHO, globally 260 million people are suffering from anxiety disorder.

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Increased exposure to drugs and alcohol among young adults and strengthening insurance coverage policies for mental health are identified as key trends among end users in the global behavioural health market. Furthermore, rehabilitation programs for substance abuse disorder patients, outpatient counselling for ADHD affected children, and campaigns to spread awareness regarding mental disorders and drug addiction, etc. are some of the major factors that are driving the growth of the global behavioural health market. Government initiatives to reduce the burden of mental illness and rehabilitation services by non-government organizations (NGO) are further expected to positively impact revenue growth of the global behavioural health market.

Competition Analysis

The global market for behavioural health is fragmented with many local and regional level players operating in the worldwide market. Some of the key players featured in the global behavioural health market report include Acadia Healthcare Co., Inc., Universal Health Services Inc., Magellan Health Inc., National Mentor Holdings Inc., Behavioral Health Services Inc., Behavioral Health Network Inc., North Range Behavioral Health, Strategic Behavioral Health LLC, Seton Healthcare Family (Ascension Health) and Ocean Mental Health Services Inc. etc. among others.

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From 2013 to 2021, the behavioural health market registered a CAGR of 3.0%. Behavioural health includes non-pharmacological therapies for conditions such as mental health, substance abuse disorder, anxiety issues etc. A considerable chunk of population struggle throughout their lives to cope with mental illnesses, such as personality disorders or depression, substance abuse disorders or other addictive behaviours.

Global Veterinary Biologics Market Driven by Robust Sales of Vaccines, Set to Reach US$ 18 Bn by 2029

Rising trend of pet ownership across the world has increased concerns related to pet health, resulting in rising demand for veterinary biologics. According to the American Pet Products Association (APPA), around 67% of U.S. households own a pet, which is a significant rise of 56% since 1988. Preventive veterinary biologics such as vaccines are most widely used as prophylactic treatment.

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Increase in usage of prophylactic veterinary biologics is primarily attributed to growing awareness about better pet health management and risk of various diseases such as rabies. Recently, the World Health Organization (WHO) endorsed the use of veterinary biologics such as monoclonal antibodies over blood-derived rabies immunoglobulin. Such endorsements and quest for more safe & effective veterinary biologics have resulted in increased R&D spending.

The global veterinary biologics market is expected to exhibit a CAGR of 7% during the forecast period (2019–2029).

“Increasing pet ownership across the globe and rising demand for animal origin processed food items are prominent factors augmenting the growth prospects of the veterinary biologics market.”

Key Takeaways of Veterinary Biologics Market Study

Owing to rapid adoption of vaccines as a prophylactic treatment for better herd immunity, the segment is expected to be a significant revenue generator. Growing adoption of monoclonal antibodies for dermal disorder treatment in companion animals is anticipated to contribute to the dominance of the segment during the forecast period. Rising prevalence of infectious diseases in livestock has boosted the demand for veterinary biologics. Livestock is expected to be a significant revenue generating segment by animal type, during the forecast period. By distribution channel, the veterinary biologics market is dominated by veterinary clinics in terms of revenue, owing to direct customer contact for bulk orders. Europe is anticipated to be the most lucrative region in terms of revenue, due to growing adoption of animals for commercial use. East Asia is expected to witness notable growth during the forecast period.

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Mergers & Acquisitions Key Strategy of Veterinary Biologic Manufacturers

Manufacturers such as Boehringer Ingelheim International GmbH, Zoetis Inc., etc., are engaging in mergers & acquisitions with small and medium regional players in the veterinary biologics market in order to streamline their product offerings in respective regions with diverse product portfolios.

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More Valuable Insights on Veterinary Biologics Market

Future Market Insights brings a comprehensive research report on forecast revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global veterinary biologics 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 the veterinary biologics market on the basis of product type (vaccines, monoclonal antibodies, bacterial extracts, immunomodulators, and allergenic extracts), animal type (companion animals, livestock, and equine), and distribution channel (veterinary clinics, veterinary hospitals, veterinary research institutes, and retail pharmacies), across seven major regions

Men’s Skincare Products Market 2021 Outlook, Current and Future Industry Landscape Analysis 2029

Fueled by rising demand for personal care products, aggressive marketing strategies of companies, and the rise of indie brands, the men’s skincare products market is expected to grow at an unprecedented rate. A new research study of Future Market Insights (FMI) projects that the global men’s skincare products market will reach ~US$ 10 Bn by 2019 end, witnessing exceptional growth at a double-digit CAGR through 2029.

Sales of men’s skincare products are mostly concentrated at shaving products, moisturizers, creams, sunscreen, and cleansers, and face wash. Side effects associated with the use of personal care products will however remain the key factors limiting sales of men’s grooming products in the near future.

Manufacturers are focusing on developing novel products to ride on the new trend wave of natural and organic skincare. Manufacturers have also intensified their focus on sophisticated product ingredients and packaging for sharper profit margins. The growing demand for anti-aging products and moisturizers will be an important factor driving the market growth.

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Key Takeaways – Men’s Skincare Products Market

In 2018, ~37% of the world’s skincare products were launched in the U.K., followed by the U.S. with ~25%, and France, close to ~15%.Europe will hold significant shares in the men’s skincare products market owing to the exceedingly high concentration of beauty & skincare manufacturers in the region.East Asia will be a lucrative investment pocket for companies in the men’s skincare products landscape, as the J-beauty and K-beauty cosmetic trends are proliferating in this region at a pace.High demand for organic products will be one of the key attributes complementing global men’s skincare products market growth.Oily skin issues in men remain the top revenue generator, whereas issues with sensitive skin are hinting at a rapidly emerging category to invest in.Online retail would be a significantly profitable sales channel.Premiumization – The New Trendsetter in Market

Product premiumization has been observed as the latest trend in the men’s skincare products market. Now companies offer natural and organic skincare products with natural extracts in an attractive packaging that comes under the premium category. Globalization and economic growth, especially in developing countries, offer lucrative opportunities for various companies to capitalize on. These companies are resorting to the premiumization of their personal care product portfolios to strengthen their market position.

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The report highlights some prominent players in the global men’s skincare products market are Procter & Gamble plc, Beiersdorf AG, Johnson & Johnson Services, Inc., Estee Lauder Companies, L’Oreal S.A, Unilever PLC, Clarins Group, Chattem Inc., Clinique Laboratories, Kiehl’s LLC, Susanne Kaufmann Company, Lancome Company, Galderma Laboratories, L.P., and Aveda Corporation. Key players are targeting millennials with high spending capability, and are developing premium product ranges endorsed by celebrities.

The global men’s skincare products market is significantly consolidated. These players offer men’s skincare under various brands targeting different demographic groups.

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Future Market Insights, in its new offering, provides an analysis of the global men’s skincare products market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The men’s skincare products study reveals compelling insights on the men’s skincare products market on the basis of product (cleansers & face wash, moisturizers & creams, serums, oils, & treatment, shave care, sunscreen, facial scrubs & polishes, and others), skin (oily, dry, sensitive, combination, and normal skin), price range (economy, mid-range, and premium), source (organic, conventional), and sales channel (supermarkets/hypermarkets, specialty stores, multi-brand stores, discount stores, salon/grooming clubs, drug stores & pharmacies, online retailers, other sales channel), across seven major regions.

Key Segment

Product

Cleansers & Face WashMoisturizers & CreamsSerums, Oils, & TreatmentShave CareShaving CreamShaving Foam/GelAfter Shave LotionAfter Shave Splash/GelAfter Shave BalmOthers Shaving ProductsFacial Scrubs & PolishesOthersSkin

Oily SkinDry SkinSensitive SkinCombination SkinNormal SkinPrice Range

EconomyMid-RangePremiumSource

OrganicConventionalSales Channel

Specialty StoresMulti-brand StoresDiscount StoresSalon/Grooming ClubsDrug Stores & PharmaciesOnline RetailersOther Sales ChannelRegion

North AmericaLatin AmericaSouth AsiaEast AsiaMEABuy Now@ https://www.futuremarketinsights.com/checkout/8283

Whole Genome Amplification Market Valuation Is Expected Surpass US$ 5087.40 Mn By The End Of 2031

The global whole genome amplification market is estimated at around US$ 5.08 Bn by the end of 2031, as indicated by a recent report released by Future Market Insights. The global market for whole genome amplification will possibly expand at a CAGR of 7.9% during the forecast period, 2021-2031

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A US-based team of researchers has recently developed a microfluidic device for isolating a genomic DNA, which is to be purified later. This DNA is sourced from individual cells and the device physically catches single cells using a micropillar array.

It also captures chromosomal DNA of these single cells post-extraction, which is later immobilized in the micropillar array so as to enable the process of isothermal amplification. The entire methodology is referred to as ‘on-chip cell capture and DNA extraction’.

As conventional single cell WGA is often prone to amplification biases, which may hold a significant influence on the accuracy of the data of single cell sequencing.

This drawback is foreseen to be overcome with the introduction of single cell on-chip WGA, resulting in reduced biases regarding amplification, offering an improved coverage of the genome. The team has used individual cancer cell genomes (human), sourced from the HeLa Cell Line.

WGA has been a crucial procedure that helps in DNA analysis from limited quantities of genomic DNA. The ease provided by various WGA kits available for the entire process has been driving the market over the years.

Increasing research activities will remain the key factor pushing the growth of whole genome amplification market over the next decade. Adoption of this process is expected to witness robust growth, predominantly among research institutes, hospitals, diagnostic centers, and forensic labs, as it offers an improved and advanced means of genome amplification and sequencing.

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To increase the revenue share, molecular testing companies are focusing more on the development of advanced devices and kits such as WGA kits and complete WGA kits with advanced capabilities.

The global whole genome amplification market is estimated at around US$ 5.08 Bn by the end of 2031, as indicated by a recent report released by Future Market Insights. The global market for whole genome amplification will possibly expand at a CAGR of 7.9% during the forecast period, 2021-2031.

Single Cell WGA Continues to Bring in New Applications

Introduction of massively parallel single-cell genome sequencing is anticipated to offer a new dimension to the understanding of genetic diversities in complex biological systems.

Single cell WGA is a method used to examine the sequence information with the optimized next generation sequencing technologies, only from a single cell. This method is considered to be a powerful tool that helps to understand the ins and outs of genetics by bringing the entire genome structure to a cellular level.

Since this method offers a high-resolution view of the genomic sample, its adoption will continue to be on the rise in diverse biological fields such as microbiology, immunology, neurobiology, cancer research, and tissue mosaicism.

Single cell WGA also plays a crucial role in conveying new applications to the market, eventually pushing the market growth further through 2031.

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New Technology Assessment in Branded WGA Products

As a move towards better results and implementation of advanced technology, novel techniques are being introduced in the new WGA products.

The TruePrime Single Cell WGA Kit (Expedeon Ltd.), utilizes a unique and reliable method to achieve accurate genome amplification from single cells. TruePrime technology uses a revolutionary novel multiple displacement amplification (MDA) method based on the combination of the recently discovered DNA primase “TthPrimPol” and the extremely processive and high-fidelity Phi29 DNA polymerase to amplify uniformly total genomic DNA either a single or a few cells.

Similarly MALBAC Multiple annealing and Looping Based Amplification Cycles) technology and PicoPLEX® WGA kit (Rubicon Genomics), with patented technology are the other options that have been unveiled as the latest and advanced technologies which are more efficient and optimized in the results and analysis outcomes.

Companies Focusing on Better Product Quality through Life Science Research

Increasing prevalence of infectious diseases and oncology disorders has increased the demand for WGA devices and kits, fueling the growth of companies dealing in WGA kits.

Despite the market having several large players as well as multiple smaller companies, there are limited companies that have a complete focus on being a provider of life science products and reagents.

Vendors have different specializations and product offerings, with most of the large companies combining research products and reagents with equipment, in-vitro diagnostics tools etc.

However, the companies that have a sole focus on this market can have better growth prospects in the coming future.

They can ensure better quality of products, customer loyalty and an established distribution network that can cater to product availability around the globe.

The key players of the market, including GE Healthcare, Sygnis AG, Illumina, Inc., Merck KGaA, Thermo Fisher Scientific Inc., and Active Motif are inclined more towards strategic acquisitions and mergers.

They are also looking for distribution and collaboration agreements to help improve their product reach. It will also help them serve end users better, with diagnostic consulting and good laboratory practices. High price point may remain a major challenge for companies.

Grab and Go Bottles Market to Top US$ 75 Bn as Growing Sustainability Concerns Pushes the Adoption by 5% CAGR

Future Market Insights (FMI), Dubai: As per a newly released data by FMI, the global grab and go bottles market is projected to total US$ 75 Bn by the end of 2021. Increasing use of grab and go bottles for packaging syrups, soups, sauces, and others across the food industry is facilitating the demand in the market.

Grab and go bottles are increasingly being used as packaging solutions for ready-to-drink beverages, owing to the convenience associated with it, suitable for the on-the-go millennial and Gen-Z’s. On account of this, the market is estimated to expand at a 5% CAGR over the forecast period 2021-2031.

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Hence, increasing consumption of soft drinks, juices, and others and growing availability of aforementioned beverages in supermarkets, convenience stores, and many retail outlets are creating high revenue generation opportunities in the market.

With rising concern regarding the environment, leading beverage manufacturers are aiming at introducing sustainable liquid packaging solutions. For instance, Coca-Cola Co. announced launching sustainable grab and go bottles made of 100% recycled polyethylene terephthalate (PET) for its soft drink in February 2021.

A multiplicity of new products launches is expected to aid the market. Against this backdrop, the global grab and go bottles market is set to register 4.4% year-on-year growth between 2020 and 2021.

Based on material type, plastic is anticipated to remain the most preferred material in the market, accounting for nearly 3/4th of the sales in 2021. Attributes favoring the growth in the segment are low cost, lightweight, high durability, and versatility as compared to glass bottles.

“Growing preference of personal care and cosmetic product manufacturers towards adopting sustainable grab and go packaging solutions for serums, liquid foundations, body lotions, shampoos, and others is accelerating the growth in the market,” says a FMI analyst.

Key Takeaways from Grab and Go Bottles Market Study

  • The U.S. is forecast to dominate the market in North America, owing to the increasing consumption of ready-to-drink beverages in the country.
  • Europe is anticipated to account for around 32.5% of overall sales in 2021, favored by the growing adoption of sustainable packaging solutions in the U.K. and Germany.
  • China is projected to emerge as the most lucrative grab and go bottles market, exhibiting sales at 5.6% CAGR between 2021 and 2031.
  • In terms of capacity, up to 250 ml bottle capacity segment is estimated to register swift growth, gaining around 150 BPS of the current market share through 2031.
  • On the basis of end use, the beverage segment is expected to account for the largest share, expanding at 5.1% CAGR over the assessment period.

Key Drivers

  • Increasing consumption of bottled water as an alternative to tap water, owing to the rising prevalence of water-borne diseases due to consumption of contaminated water is propelling the demand for grab and go bottles.
  • Rising trend of single households across the U.S., Japan, China, Germany, and others is fueling the demand for ready-to-eat food and beverages, which is in turn, boosting the sales of grab and go bottles.

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Key Restraints

  • High cost, less durability, and low shock withstanding characteristics of glass compared to plastic are hindering the sales of grab and go bottles across the glass segment.

Competitive Landscape

Top five companies operating in the global grab and go bottles market are Amcor Plc., Nampak Limited, Ardagh Group S.A., Owens-Illinois, Inc., and Graham Packaging Company, Inc. These players are anticipated to collectively to hold around 10% to 15% of the sales in 2021, as per FMI.

Prominent manufacturers are emphasizing on increasing their production capacity to meet the growing demand for bottles among various end use industries. Moreover, some of the companies are aiming at collaboration, zero waste packaging, to meet the sustainability goals and strengthen their gobal foot print. For instance,

  • In October 2021, Alianza Team a high food-tech solutions provider, announced entering into a collaboration with a leading packaging company Amcor plc to launch a sustainable cooking oil bottle made 100% recycled content in Columbia. The product launch will assist companies to strengthen its sustainable packaging portfolio.
  • In January 2021, Amcor plc announced introducing its single-serve plastic bottles equipped with advanced barrier technology for dairy products to keep the content fresh for up to 90 days, protect the product from harmful ultraviolet (UV) rays, and maintain its original flavors.

Some of the key players operating in the market profiled by FMI are:

  • Amcor Plc.
  • Nampak Limited
  • Ardagh Group S.A.
  • Gerresheimer AG
  • Owens-Illinois, Inc.
  • Berry Global Group, Inc.
  • KanPak LLC
  • Graham Packaging Company, Inc.
  • ALPLA Werke Alwin Lehner GmbH & Co KG
  • Vidrala SA
  • Intrapac International Corporation

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More Valuable Insights on Grab and Go Bottles Market

The latest report by FMI provides a detailed analysis of the global grab and go bottles market, providing credible insights into key factor driving the market through 2021 and beyond. The study also disclosed growth projections on in grab and go bottles market with detailed segmentation:

By Material Type:

  • ·  Plastic
  • o  Polyethylene (PE)
  • o  PET
  • o  Polypropylene (PP)
  • o  Others
  • ·  Glass

By Capacity:

  • Up to 250 ml
  • 251-500 ml
  • 501-1000 ml
  • Above 1000 ml

By End Use:

  • Food
    • Sauces & Condiments
    • Soups & Syrups
    • Dairy Products
    • Others
  • Beverages
    • Alcoholic
    • Non-alcoholic
      • Tea & Coffee
      • Juices
      • Soft Drinks
      • Bottled Water
      • Others
  • Cosmetics & Personal Care
  • Others

By Region:

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

Key Questions Covered in the Report

  • The report offers insight into grab and go bottles market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for grab and go bottles market between 2021 and 2031
  • Grab and go bottles market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Grab and go bottles market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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Explore FMI’s Extensive Coverage on the Packaging Domain

Cosmetic Tubes Market: Cosmetic Tubes Market to Register Growth at 4.6% amid Demand for Sustainable Beauty Packaging Solutions.

Security Bags Market: Security Bags Sales to Rise at 8% CAGR Driven by Rising Demand for Sustainable Packaging Solutions in the Pharmaceutical Sector. 

Foamer Pump Market: Foamer Pump Market will grow by 4.2% CAGR as Demand Increases in Cosmetics and Personal Care Industries.

Paper Pallet Market Latest Advancements and Business Opportunities 2029

Paper pallet is available in various sizes in the market. Manufacturers have to design and maintain this product as per regulations of Grocery Manufacturers Association (GMA). Maximum preference for 48inch x 40inch paper pallet is witnessed in several end-use industries which provides safe and easy shifting of goods. On the other hand, the size of paper pallet is customized as per the requirement of end users.

Retail and supermarkets show major preference for small-sized paper pallet which is available in multiple shelf-ready formats. Particularly in electrical and electronics shops, gadgets such as mobile phones, tabs, and cables are displayed directly with the help of paper pallet. Paper pallets have also been in use for displaying confectionery and other food products.

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In future business reports, FMI details historical and current scenarios of the global paper pallet market in terms of production, consumption, quantity, and value. The report scrutinizes the market to different segments, regions and players based on demand patterns and growth prospects.

Key information and forecast statistics covered in the Paper Palette Market Report provide existing and emerging market players with the insights needed to develop long-term strategies and during crises such as the ongoing COVID-19 pandemic. Also maintain business continuity.

COVID-19 Impact Analysis on Paper Pallet Market:
The recent outbreak of COVID-19 has adversely affected various markets in the packaging industry, and the paper pallet market is no exception. Products considered “essential” continued to record significant sales, while non-essential products faced a sharp decline in demand.

Following government measures, especially social distance norms and home orders, companies operating in the paper pallet market have ceased production. In addition, mobility restrictions and supply chain disruptions have created logistic nightmares for market players, creating a serious product shortage in the global market. Some market players are further planning to relocate the supply chain from China, the first epicenter of COVID-19.

The FMI report contains an interesting chapter on the preliminary impact of COVID-19 on the paper pallet market. This helps both key market players and emerging market players understand market scenarios during a crisis and make the right decisions to gain a clear competitive edge.

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Paper Pallet Market: Segmentation

The valuable information covered in the FMI Paper Palette Market Report is divided into major segments and sub-segments.

size:
42 inches x 42 inches
44 inches x 44 inches
48 inches x 40 inches
48 inches x 45 inches

product:
Bidirectional
Four roads

Pallet structure:
Honeycomb
Folded
hybrid

Paper Pallet Market: Competitive Analysis
The FMI survey provides a comprehensive analysis of global, regional and national players active in the paper pallet market. The competitive information detailed in the Paper Pallet Market Report is based on innovative product launches, distribution channels, local networks, industry penetration, production methods, and revenue generation for each market player. In addition, player-related growth strategies and merger acquisition (M & A) activities are included in the Paper Palette Market Report.

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Key Questions Answered in Paper Pallet Market Report:
Which end users will continue to be the top revenue contributors in different regional markets?
How fast is the global paper pallet market expanding during the forecast period?
What will the global paper pallet market look like by the end of the forecast period?
What are the innovative strategies that players in the paper pallet market are adopting to stand out?
What are the constraints that affect the growth of the global paper pallet market?
Main offerings of the report

Growth Drives and Opportunities: Comprehensive analysis of factors and opportunities that drive the growth of market players in different regional markets
Recent Trends and Forecasts: A detailed assessment of the latest trends, technological developments, and forecasts for 5 or 10 years.
Segment analysis: Extensive analysis of each segment and differentiating factors for the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecasting: A thorough analysis of each regional market to provide stakeholders with the information they need to make important decisions.
Competitive landscape: Comprehensive insights into both major and start-ups competing for part of the paper pallet market

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Natural Insect Repellent Market is poised for a healthy CAGR of over 6% during the forecast period 2019 – 2029

Adoption of natural insect repellents continues to see an upward trend, against the toxic chemical content such as diethyltoluamide (DEET), of conventional insect repellents. During the forecast period (2019 – 2029), global natural insect repellent market is poised for a healthy CAGR of over 6%.

The World Health Organization estimates that an average of 200 million cases of malaria are reported each year across the globe. Increasing temperature and unseasonal weather conditions inadvertently create favorable breeding grounds for insects. Vector-borne diseases lead to a large number of fatalities each year, especially in underdeveloped regions of Africa and Asia.

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Key Takeaways – Natural Insect Repellent Market Study

  • Key players are collaborating with governments to spread awareness about prevention of vector-borne diseases. It is anticipated to be a primary factor boosting the natural insect repellent market.
  • Manufacturers of natural insect repellent products are focusing on integrated marketing communications to reach out to the masses via the internet, radios, hoardings, newspapers, billboards, and televisions for generating awareness about these diseases while promoting their products.
  • Growing camping and recreational activities is fuelling the growth of sprays/aerosols segment due to its ease of use and compactness.
  • Natural insect repellent market is estimated to boom in tropical regions, characterized by climatic conditions that highly favor insect breeding activities

Companies are anticipated to invest in extensive research and development activities to develop safer products. Many other ingredients such as fennel, clove oil, thyme, and celery extract are currently being studied to include in insect repellent products. Usage of naturally sourced active ingredients would create new opportunities in the natural insect repellent market space.

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MEA Emerging Highly Lucrative

According to WHO, Middle East & Africa (MEA) reports the highest number of vector-borne diseases. The region is characterized by limited medical facilities, and awareness about vector-borne diseases among consumers is poor. The government in this region is focused on improving health index of the population, inadvertently creating high growth opportunities for market players. Major players in the market are looking to cash in on first mover advantage in this highly lucrative, yet largely untapped market.

  • Natural or herb-based insect repellants are estimated to surge product penetration in tropical and sub-tropical regions.
  • Strengthening of supply chain will be an effective way to boost the Natural Insect Repellent market.

However, these leading natural insect repellent market players are profoundly impacted by a surge in illegal and unsafe products available in the market that are claimed to be natural.

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More About the Report

Future Market Insights, in its new research study, brings forward a detailed analysis of the global natural insect repellent market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study elaborates the insights on the natural insect repellent market on the basis of product type (sprays/aerosol, liquid vaporizers, cream, essential oils, and other products), ingredient (oil of lemon eucalyptus, citronella oil, catnip oil, soybean oil, and other ingredients), distribution channel (online and offline) across seven significant regions. The study focuses on product innovations, key developments, and various opportunities and trends in the Natural Insect Repellent market.

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Sea Bream Market will grow gradually at 6% CAGR during the forecast period 2019 – 2029

Still in its infancy, the global sea bream market is poised for a healthy growth outlook during the period of projection, 2019 – 2029. With notable growth observed in demand for sea bream from the foodservice industry, global sea bream market would witness nearly 6% CAGR during the forecast period. As consumers continue to seek healthy food products derived from natural and organic resources, demand for sea bream has been on an upward trend over the recent past.

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Key Takeaways – Sea Bream Market Study

  • Sea bream is a healthy seafood, which matches the growing consumer interests supporting their healthy lifestyle and healthy food consumption.
  • Conventional sea bream is also facing lower sales prices, where many manufacturers not even able to recover the production costs.
  • The sea bream market has been segmented on the basis of form, where the processed sea bream holds the major share. Over the course of forthcoming years, fresh sea bream segment is expected to show positive growth due to multiple benefits fresh sea breams offer to consumers.
  • The end use of sea bream in the foodservice provider segment contributes around 35% share in the overall sea bream market. Sea bream is used in snacks and daily food and is witnessing significant demand.
  • The market is also witnessing impetus demand from the food processing, animal feed, and pet food industries, in addition to retail and household sectors.
  • Europe and North America are anticipated to dominate the global sea bream in terms of value share in the current scenario.
  • Oceania, predominated by Australia, is also generating high demand for sea bream owing to the increasing consumer demand for premium food products, such as organic sea bream and sea bass.

Large number of consumers are gradually looking for healthier and authentic food in their daily diet. A sizeable consumer chunk is gradually shifting towards seafood. Seafood manufacturers are thus emphasizing authentication of their products to meet evolving consumer demand.

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Profitable Investment Areas in Market

Manufacturers operating in the sea bream industry are investing more in merger and acquisition activities to upscale their sea bream sales footprint and to serve consumers around the world. Sea bream manufacturers are increasing their supply chain to meet the demand from end users such as food service providers, food processing industry, retail/ household and animal feed, and pet food industry.

Sea bream is witnessing a growing demand in the food and beverage industry. Food and beverage manufacturers are experimenting to find new technologies by advancing their production processes. This increase in demand and technological advances are collectively fueling the growth of sea bream market. The trend will continue through 2029, especially in developing regions. However, Europe remains the largest producer of sea bream in the global market.

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Know More About Sea Bream Market Report

Future Market Insights, in its new offering, provides an unbiased analysis of the global sea bream market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the sea bream market based on the Nature (organic and conventional) product type (black bream, white bream, red bream (red porgy), gilt-head bream, pandora bream and others), end-use (food processing services, food service provider, retail/household, and animal feed and pet food industry), distribution channel (B2B and B2C) and Form (fresh, and processed) across seven major regions.

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Soft Magnetic Composites Market is projected to exhibit a robust CAGR during the forecast period of 2019-2029, reaching a value of US$ 80 Bn in 2029

Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2019-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, is optimally efficient, and capable of use in extreme frequencies and temperatures.

High demand is witnessed from the automotive industry for electronic components such as motors, inductors, and other electronic machines that enhance reliability and efficiency. Moreover, the industry demands space reductions of components such as inductors that capture a lot of space. As a result, efforts to attain balance between working efficiency and smaller dimensions, have propelled the use of soft magnetic materials such as soft magnetic composites.

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Key Takeaways

  • Demand for electrical steel segment is expected to grow at a healthier rate. Its market share is anticipated to increase owing to application in different end-use industries, along with cost-effective nature of the material.
  • 5P type, though most expensive, is prominently used in the power generation industry. As the demand for this segment is increasing, SMC manufacturers are under high pressure to reduce its price.
  • The Asia Pacific region holds a prominent share of soft magnetic composites market owing to the constantly increasing presence of strong electronic and automotive sector in countries such as China, India, ASEAN Countries, and Japan.
  • East Asia is projected to be a hub for electronic industry, countries such as China, are anticipated to be at the epicenter of opportunities in the electronic industry.
  • Soft magnetic composites are increasingly gaining traction within the 3D-printing technology space.

SMC are advantageous as they offer the possibility of developing three dimensional shapes with complex geometry in extreme conditions, along with being cost effective and energy efficient. Moreover, acceptance of new technologies in automotive and consumer (electronics) goods industry such as 3D printing has paved a path of new opportunities for soft magnetic composites market.

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Market Landscape Moving towards Consolidation

The soft magnetic composites market is highly consolidated owing to the prominence of handful of players with extensive R&D capabilities. Key manufacturers in the tier I such as GKN Powder Metallurgy (Melrose PLC) and Hitachi Metals Ltd. are pushing towards consolidation by opting for growth strategies such as acquisitions, joint ventures, and others.

What Does Future Hold?

In the coming years, as purchasing power of customers in developing regions grows, demand for soft magnetic composites is also anticipated to increase. Demand for cost-effective and energy-efficient materials from automotive and power generation industry is going to be the major driving force for the SMC markets. Introduction of new technologies such as 3D printing is will open an opportunity door for the SMC market.

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Know More About Report Inclusions

Future Market Insights has published a market research report on the soft magnetic composites market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the Soft magnetic composites market through three different segments, namely material, type, application, end-use industry, and region. The soft magnetic composites market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world along with a detailed overview of the parent market.

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Milk Tank Cooling System Market will reach revenues in excess of US$ 820 Mn by the end of 2029

Projected to grow at a moderate CAGR between 2019 and 2029, demand for milk tank cooling systems will reach revenues in excess of US$ 820 Mn by the end of 2029. Growing necessity of raw milk storage for longer continues to push milk tank cooling system sales at a global level. The thriving trend of automated milk tank cooling systems will particularly shape the global milk tank cooling system market, as suggested by a new Future Market Insights (FMI) study.

Consistently increase in demand for continuous refrigeration systems during the perishable food chain transport would remain the key factor bolstering demand for milk tank cooling systems over the following years.

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Key Takeaways – Milk Tank Cooling System Market Study

  • Milk tank cooling systems play a vital role in the transportation of milk as the time lapse between milk collection and reaching the designated centre could result in milk spoilage.
  • As a result of the flourishing dairy business, small- and medium-sized milk farms have been incorporated into the business structure of dairy cooperatives and other big farms. This led to fluctuations in milk tank cooling system market, as small- and medium-sized players have slowly been wiped out.
  • Closed type in milk tank cooling systems is given preference, as these systems are integrated with self-cleaning and automatic temperature maintenance provisions as per the cooling stage. This has slowly led to decline in demand for open end type of milk tank cooling systems, which require manual labour for cleaning and constant supervision.
  • In terms of capacity, milk tank cooling systems within 1,000 litre capacity are widely used owing to the ease of usage and operation. As compared to the higher capacity tanks, there are less indoor/outdoor placement issues as these require reduced space.

The demand for milk tank cooling systems is defined by the incorporation of automation into milk storage facilities. Product customization according to capacity, cleaning process, and temperature maintenance will contribute to the growth of the milk tank cooling systems market.

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Milk Tank Cooling System Market: Competition Overview

The global milk tank cooling system market is highly competitive, with the presence of large number of small- and medium-sized players actively operating in the global market. Danfoss, GEA Group AG, Paul Mueller, Denso, and Packo Cooling are identified as prominent players in the global milk tank cooling system market. Adoption of automated milk tank cooling systems and association of local milk farms with dairy co-operatives are key growth strategies adopted by market participants.

Highly Lucrative Opportunities in South Asia Market

The demand for milk tank cooling systems is expected to gain significant traction in the coming years, owing increasing number of milk farms and processing plants. Milk tank cooling systems are a vital part of the milk transfer chain as the milk produced needs to be stored with efficient cooling transported to and fro between remote and urban areas. The market is anticipated to witness growth opportunities in the coming years with milk consumption being high in countries such as India, Thailand, Indonesia, and Malaysia.

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What Is Covered in the Report?

The research scope of the global milk tank cooling system market has been primarily bifurcated into three segments: application, configuration and capacity. The study provides an in-depth analysis of market sizing, forecasting, and market share analysis for milk tank cooling system. The report delivers a comprehensive assessment of the important dynamics of the milk tank cooling system market. The scope of the research includes milk tank cooling systems installed in milk farms and milk processing plants.

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