Market Research Blog – Page 15724 – New Product Development

A2 Milk Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

A2 milk has become increasingly popular in the last few years and their demand is expected to rise considerably in the coming years. According to a study by Future Market Insights (FMI), launch of advertising campaigns and focus on attractive packing will boost A2 milk sales between 2021 and 2031. According to the report, the market is expected to reach US$ 1.9 Bn by 2021.

Increasing consumption of natural food and focus on clean label will drive A2 milk market in the coming years. The A2 milk is more nutritious than regular dairy milk as it contains calcium which is good for bones, potassium, and high level of protein. A2 Milk is free from a1 beta casein and is easier to digestion. Furthermore, it has various health benefits that help in the prevention of heart related diseases.

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Dairy products such as cheese, butter, cream are gaining popularity due to their application in the preparation of bakery and confectionary items. Besides this, launch of A2 milk in infant formula will pave the way for the consistent expansion of the market through the course of the forecast period. The study reveals that the demand for A2 milk in bakery and confectionery segment will rise at 11% CAGR between 2021 and 2031.

global a2 milk market regional plc positions and notable trends

Key Takeaways from the A2 Milk Market Study

Increasing focus on healthy eating will drive A2 milk sales at 9.6% CAGR between 2021 and 2031
The U.S. will account for over 80% of A2 milk sold in North America. Rising focus on health and wellness will remain a chief growth driver in the U.S.
Increasing focus on heart health will drive sales in the U.K. at 7.4% in 2021
Expansion of the sports nutrition market in Germany and France will emerge as a key growth enabler for A2 milk market
Abundant supply of A2 milk and its use in staple diet will continue supporting growth in India and China

The growing number of dairy companies is significantly influencing the demand for A2 milk. Also, launch of new products and formulations by dairy companies will have a positive impact on the demand for A2 milk. A2 milk is used to make dairy products such as cheese, butter, yoghurt, ghee, ice cream, milk powder, and other items. Besides these, the rising demand for ice cream and other desserts will give tailwinds to A2 milk sales, said a lead analyst at FMI

Application of A2 Milk in Infant Nutrition Creating Growth Opportunities

An increasing number of mothers facing problems during feeding milk, which has escalated the demand for infant formulae. A2 milk is considered to be healthier dairy milk as it has high milk fat content, which is very helpful for cell growth in the human body. Hence, leading players are gradually expanding their portfolio by launching infant formulas containing A2 milk.

The powder form of A2 milk as an ingredient is used in infant formulas. Furthermore, buyers are ready to pay more if the products have clean label certification, contain no preservatives, and are low in fat and offers full disclosure of ingredients used. Including A2 milk as a key ingredient can help producers achieve the aforementioned parameters. This has been aiding the use of A2 milk in infant formula.

Who is winning?

A few of the leading players in the A2 milk market are The a2 Milk Company Limited, Erden Creamery Private Limited, Fonterra Co-operative Group Limited, Freedom Foods Group Limited, Provilac Dairy Farms Private Limited, Vietnam Dairy Products Joint Stock Company,Vedaaz Organics Pvt. Ltd, Ratnawali Dairy Products LLP, and. Gujarat Cooperative Milk Marketing Federation Ltd.

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Companies operating in the market have been focusing on product launches to gain competitive edge. For instance: Fonterra Co-operative Group Limited announced its joint venture with Future Consumer Ltd., to enhance its product portfolio and expand its business in India.

Vietnam Dairy Products Joint Stock Company in April 2018, launched soy milk walnut drink. This product is a plant-based drink. The company is enhancing its product portfolio by launching new products. Gujarat Cooperative Milk Marketing Federation Ltd. in February 2015, launched its new product, Amul EPIC ice cream and in March 2017, launched a new product, ‘Memory Milk’ targeting students. The product is considered a brain power booster, and stress and anxiety reducer.

Get Valuable Insights into A2 Milk Market

Future Market Insights, in its new offering, provides an unbiased analysis of the A2 milk market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the A2 milk market based on Nature (Organic and Conventional), By (Powder and Liquid), By Application (Infant Formula, Dairy Product, Bakery & Confectionery, Milk & Milk-based Beverages), By Packaging (Glass Bottles, Plastic Bottles & Pouches, Carton Packaging, Cans) and By Distribution Channel (B2B, and B2C) across seven major regions.

Key Questions Answered in the Report

Which is the leading A2 milk market?

Which form of A2 milk is more in demand?

Which is the key application of A2 milk?

Why is Organic A2 Milk Preferred More?

Who are the key players in A2 milk market?

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Fish Protein Market 2022 Key Players, End User, Demand and Consumption by 2031

Increasing awareness among consumers regarding applications of fish protein in dietary supplements, cosmetics, personal care segment, pharmaceuticals, sports nutrition, and other industries is driving the fish protein market growth. Its use in preventing various health concerns and ensuring good heart and brain function will fuel consumption of fish protein among various age groups. According to a study by Future Market Insights (FMI), increasing focus on health and wellness and demand for natural ingredients in food products will push fish protein sales between 2021 and 2031.

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Fish is a low-fat and high quality protein and a great source of vitamins, minerals, and omega 3 fatty acids. Therefore it is considered among the rich and most widely available source of protein. Leading players in the global fish protein market are incorporating latest technology such as steam treatment for maintaining safety, quality and organic standards for dried spices, with an aim to gain edge in the highly competitive market. However, inefficient logistics and uncertain climatic conditions are expected to inhibit production of fish protein market globally, thereby impeding growth. The food industry is expected to account for over 42% of fish protein market in 2021.

fish protein market key regions and product type segments mekko chart, 2021

The FMI researches deeply into the prevailing dynamics in order to offer interesting acumens into the Fish protein market. Some of these are:

Fish protein market is expected to rise at 7.2% CAGR between 2021 and 2031
Expansion of the sports nutrition industry is spurring growth in the U.S., which accounts for over 77% of sales in North America
Rising focus on health and wellness is driving the U.K. market. It is expected to register 8.2% y-o-y growth in 2021
Germany will remain the dominant market for fish protein in Europe. Increasing dietary supplements sales will drive growth
Expansion of the food sector will support growth in China. Meanwhile increasing fish consumption will create a conducive environment for growth in Japan and South Korea

Manufactures of fish protein are offering new, high-quality products. To offer better quality they are investing in research and development activities. As a result, the market has witnessed several new product launches in the last few years said a lead analyst at FMI

Fish Protein Gaining Traction from Youth

Trends in food consumption have changed dramatically over the years. Consumers are increasingly worried about their health and wellbeing which has also increased demand for healthy food items. People are looking for convenient multi-component goods that are readily available on the market and also help to balance consumers’ fast moving lifestyle. The age group of 16-28 are more attracted towards the fish protein for their more attractive flavors in the fish protein market. Fish protein helps in providing the required amount of proteins which is supported by the body and are digestible. This will create an opportunity to the manufacturers to penetrate their product in the market and gain traction in the fish protein market. Companies are coming up with various fish protein concentrate market based ingredient and derivatives for application in various segments.

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Snack Fortification Emerges as Key Trend

Consumers are expressing willingness to buy snacks that are fortified with nutrients. Not only does the fortification enhance the nutritional quality but it also transforms the odour, texture, and flavour of the snack. For instance, some corn snacks are fortified with 3-9% of fish protein powder. Snackification is nothing but snacking on fast served foods or ready to eat foods on frequent intervals during the day.

There has been a rising shift from traditional meals (breakfast, lunch, dinner) to all-day snacking, largely owing to the busy working lifestyles and especially the younger age groups not following strict mealtimes. Still, consumers would want to have healthier snacking options that would keep them fit in their “to-go” lifestyle. Thus, the snacking culture can expect more substance, taste, and nutrition in the form of fortified snacks with fish protein powder snacks.

Who is winning?

Some of the key players operating in fish protein market are, Omega Protein corporation, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Scanbio Marine Group, ,Peterlabs Holdings, Apelsa Guadalajara, Aroma NZ, Ingredients Inc., Siam Industries International, Bio Phoenix Formulations, Qingdao Future Group and others.

Get Valuable Insights into Fish Protein Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Fish Protein Market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the fish protein market based on Form (Powder and Liquid), By Product Type (Fish Protein Concentrate, Fish Protein Isolate, Fish Protein Hydrolysate, By Application (Food and beverages, Pharmaceuticals, Cosmetics and personal care Sports nutrition and dietary Supplements, and others) and across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa).

Fish Protein Market by Category

Form

Powder
Liquid

Product Type

Fish Protein Concentrate
Fish Protein Isolate
Fish Protein Hydrolysate

Application

Food & Beverages
Cosmetics and Personal Care
Sports Nutrition & Dietary Supplement
Pharmaceuticals
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MY

Key Questions Answered in the Report

Which is the most lucrative market for fish protein?

Which is the top-selling type of fish protein?

Who is the key end user of fish protein?

Who are some of the leading companies offering fish protein?

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Refurbished Printers Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

Global refurbished printers market is expected to grow at a healthy CAGR of over 9.2% 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 (FMI). The research study tracks refurbished printers sales in 20+ countries, offering an in-depth analysis on how growth trend will unfold.

In recent years, there has been a shift towards the adoption of more environmentally sustainable ways of working. Large-scale electronic giants have now become more conscious regarding the environment and their goals to achieve maximum sustainability. With the growing need to achieve sustainability in daily, routine operations and focus on reducing the carbon footprint, many electronic giants have now switched to recycling and refurbishment of electronic products. Such efforts by players are also aimed at reducing the global e-waste generation.

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Besides this, many industries are undertaking numerous efforts to reduce their carbon footprints. They are actively switching towards the adoption of sustainable office solutions like refurbished printers. According to the report, the commercial sector will account for over 63% of refurbished printers sales in 2021.

refurbished printers market characteristics and attributes with regional relevence

The rapidly growing e-waste concerns have further strengthened the concept of circular economy which is further expected to facilitate growth in the sales of refurbished printers. As per the statistics of United Nations, approximately 50 million tons of electronic waste is thrown each year. Such haunting statistics has encouraged a switch towards refurbished products in the market

Key Takeaways from the Refurbished Printers Market Study

The refurbished printers sales are set to rise at a CAGR of 9.2% between 2021 and 2031
The presence of several leading players will seal United States’ dominance in North America. It is expected to account for over 80% sales in the North America market
The U.K. will register 2.2% y-o-y growth in 2021, after a period of subdued sales
Germany and France will emerge as lucrative market for sales of refurbished printers in Europe
Increasing number of small scale businesses will enable double-digit growth in China

Direct-to-Consumer sales channel is reshaping consumer trend in the market. The market is also witnessing the emergence of special online retailers who are solely engaged in selling branded refurbished products. Besides this, to woo consumers, the players are offering extensive guarantees and warrantees says an FMI analyst.

Impact of COVID-19 on the Market:

The outbreak of novel coronavirus has impacted positively as well as negatively. In case of negative effects the players in the market has faced numerous disruptions in the supply chains. However, the outbreak of pandemic has encouraged work from home culture which is why the need for essential office devices while working remotely has surged in the past few months. In such cases, refurbished products are looked over as best solutions that help fulfill needs at reasonable prices.

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Who is Winning?

Some of the key players present in the refurbished printers Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., HP Development Company, Print Smart Office Solutions, Erie Ink Company, Refurbished Land, Metrofuser Company, Marathon Services, Athema Services Ltd., PTM Printer Solutions, Advanced Print Scan Solutions and among others.

Get Valuable Insights into Refurbished Printers Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global refurbished printers market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the refurbished printers market based on the product type (multifunctional refurbished printers, colored refurbished printers, black and white refurbished printers), application (paper printing, plastic pouch printing, product printing), end-use (household/individual and commercial), price range (below US$250, US$250-US$500, US$500-US$750, and above US$750), technology (inkjet, thermal, dye sublimation, laser and others) and sales channel (specialty stores, convenience stores, direct sales, online retailers, and others), across seven major regions.

Refurbished Printers Market by Category

Product Type

Multifunctional Refurbished Printers
Colored Refurbished Printers
Black and White Refurbished Printers

Application

Paper Printing
Plastic Pouch Printing
Product Printing

End-Use

Household/Individual
Commercial
- Manufacturing Sector
- Retailers
- Government/Defence
- Others

Price Range

Below US$250
US$250-US$500
US$500-US$750
Above US$750

Technology

Inkjet
Thermal
Dye Sublimation
Laser
Others

Sales Channel

Specialty Stores
Convenience Stores
Direct Sales
Online Retailers
Others

Region

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

Key Questions Answered in the Report

What is the Refurbished Printers Market Size?

Which is the most lucrative market for Refurbished Printers?

Which are some of the leading companies in the Refurbished Printers market?

Who is the leading end user of refurbished printers?

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Cold Waxed Paper Cups Market Research Report 2022 – Global Forecast till 2031

The global cold waxed paper cups market is expected to increase at a growth rate of ~6.5%, during the forecast period. Demand for the cold waxed paper cups will witness steady recovery in the short term, with an optimistic growth outlook in the long run after the pandemic. The market growth is set to gain substantial sales in the forecast period, owing to astonishing features of cold waxed paper cups such as biodegradable and availability of different sizes, shapes.

Cold Waxed Paper Cups Market: An Overview

Cold waxed paper cups have become the most prominent solution for drinking any kind of cold beverage. These cups are consumer-friendly and can be taken anywhere. The rising number of quick-service restaurants across the globe has led to strong sales and demand for cold waxed paper cups.

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Cold waxed paper cups are made from paper-based materials and to prevent the contents from soaking through the paper, cold waxed paper cups are commonly coated or lined with plastic or wax. Disposables are preferred over reusable cups as customers become more sanitation and hygiene awareness. Cold waxed paper cups come in a range of sizes, shapes, and textures which is favouring the growth of the cold waxed paper cups market.

What Drives the Growth of the Cold Waxed Paper Cups Market?

Cold waxed paper cups are widely used in the food & beverage sector due to their lightweight, cost-effectiveness, biodegradability, and ability to provide air resistance, internal strength, and stiffness. They also don’t need to be cleaned and can be easily tossed after usage.

Aside from that, there has been an increase in the influence of westernization in developing regions, as well as an increase in fast food consumption. Furthermore, as compared to plastic and foam competitors, cold waxed paper cups are substantially more biodegradable and require less time to degrade.

How the Various Technological Advancement for Paper Products will Create Opportunity for the Cold Waxed Paper Cups Market?

Producers or manufacturers in the market are developing new tactics, such as enhanced substrate technology, to minimise grease and oxygen contamination of packaged food items. This is expected to boost demand for cold waxed paper cups around the world.

What are the Key Trends Impacting Growth of the Cold Waxed Paper Cups Market?

The rising use of PET and PP based containers has increased the demand for cold waxed paper cups as these materials come under thermoplastic which is reversible and can be reshaped and reheated.

Paper cups are cost-effective, thermal resistance, durable and well-suited for dry and wet products and the key players in the market are using these materials more for the target market which is projected to bolster the sales in the forecasted period.

What are the Key Challenges that Might Restrain Growth of the Cold Waxed Paper Cups Market?

As the cold waxed paper cups are single-use and they are ultimately thrown after the use which is hindering the market. Additionally, other cups made of wood, aluminium and others are restricting the growth of the cold waxed paper cups market.

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Competitive Landscape

A few of the players actively participating in the cold waxed paper cups market consist of

BM Packaging
Sanpac
Hefei Hyde Environment Protection Technology Co. Ltd.
Jaya Enterprises
Meru Industries
Tidi Products
Ningbo Oolima Pack Co. Ltd.
Ningbo Rison Houseware Co. Ltd.
Guangxi Thebest Paper Products Co. Ltd.
Phoenix Tree (Hefei) Industrial Co. Ltd.
Xiamen Ebelee Industry & Trade Co. Ltd. and other major players.

Why is the U.S. a Big Market for Cold Waxed Paper Cups Market?

In consideration of the income and changing lifestyles of people in the U.S. the growth in the beverages and cosmetics end-use industries is anticipated to propel the demand for cold waxed paper cups in the market.

Manufacturers in the U.S. are shifting towards the production of cold waxed paper cups. Therefore, the country is expected to experience higher demand for cold waxed paper cups.

What is the Outcome of the Pandemic on the Growth of the Cold Waxed Paper Cups Market?

Due to COVID-19, consumers’ interest in health and safety, particularly in the immune system and overall health-enhancing products, has increased, which has brought the food & beverage industry to the focal point of attention.

Additionally, the increasing packaging needs in the food & beverage industry has led to a boost in the demand for cold waxed paper cups. Therefore, the packaging of beverages has increased the demand for cold waxed paper cups according to the consumers’ needs.

Market Segmentation of the Cold Waxed Paper Cups Market

By Wall Type:

Single Wall
Double Wall
Triple Wall

By Capacity:

Below 100 ml
101-150 ml
151-250 ml
Above 250 ml

By End-use Industry:

Food & beverages
Healthcare
Cosmetics & personal care
Chemical industries
Automotive industries

By Region:

North America
Latin America
Europe
South Asia
East Asia
The Middle East and Africa

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VCI Aerosol Market 2022 | Present Scenario and Growth Prospects 2031

Newly released data from VCI aerosol market analysis shows that global demand of the overall VCI aerosol market is anticipated to register a CAGR of ~5.0-6.0% during the forecasted period and reach thousands of units by 2031. The market in East Asia and South Asia regions is projected to expand at higher growth rates and capture a significant share in the global market during the forecast period.

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VCI Aerosol Market – Market Overview

Corrosion usually occurs when a metal is exposed to the environment and converts into a more chemically stable substance like oxide, sulfide, carbonate, or hydroxide. A VCI which is a volatile corrosion inhibitor helps to prevent a metal by delaying or stopping the process of corrosion. Liquid VCI aerosol can be used for cleaning, coating, and lubricating metal tanks, containers, engines, crankshaft, etc.

What are the Key Trends Impacting the Growth of VCI Aerosol in the Market?

The pulp and paper industry is constantly adopting VCI aerosol to prevent its machines from corroding since it involves high-cost, technologically advanced equipment that are prone to get rusty if exposed to chemicals like dioxins for a long time. Increasing usage of machinery and technological advancement in the field of automobile and metal processing are two of the key factors driving growth for VCI aerosol in the market.

How is Oil and Gas Segment Constantly iIproving the Demand for VCI Aerosol?

According to American Petroleum Institute, the oil and natural gas industry in the U.S. contributes almost 8% of the country’s GDP and also generates 10.3 million jobs in the country. Corrosion and oxidation in pipelines, refineries and generators are the primary cause of the decaying of machines and equipment in the oil and gas industry and this is driving the usage of VCI aerosol in the industry. To ensure efficiency and prevent machine breakdown, VCI aerosol is extensively used in the industry.

What are the Key Challenges that can hamper the Growth of VCI Aerosol Market?

Increasing costs to prevent corrosion and regulations by governments across the world to use toxin-free VCI aerosols are a few of the factors that can hamper the growth of the market. Problems like a faulty valve, puncture in spray, excessive pressure and temperature are some other issues that can restrain the growth of VCI in aerosol format.

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Competitive Landscape

The following are the key market players in the global VCI aerosol market are

Magna International Pte Ltd.
Adsil Corporation
Cortec Corporation
The Lubrizol Company
Northern Technologies International Corporation
Corpac Deutschland GmbH & Co. KG
Kpr Adcor Inc.
Safepack Industries Ltd.
Deva Preservation Services Pvt. Ltd.
Daubert Cromwell
Shenyang Rustproof Packaging Material Co. Ltd.
Toyo Aerosol Industry Co., Ltd.
NAMBANG CAN

among many others are involved in production of VCI aerosol in Asia Pacific region.

What Strategies are Key Players Adopting to Increase their Market Share in the Global VCI Aerosol Market?

Market players are manufacturing innovative and long-lasting VCI aerosol sprays that could be used on multiple surfaces and could work again any treatment and environmental consequences. Entry of new market players could be observed every month, this is giving rise to diversity in offerings and also lowering the price of the products present in the market.

In October 2021, Adsil Corporation designed a new VCI aerosol that surpassed 16,200 hours of testing with no salt corrosion.

Why is China a Big Market for VCI Aerosols?

The machinery and equipment industry in China is anticipated to expand consistently due to its favorable manufacturing industry infrastructure. The country offers ease in the procurement of raw materials, availability of cheaper labor and favorable national government policies for manufacturing processes.

Further, the flexible packaging industry in China is well developed as a result of the presence of many regional as well as global manufacturers of machinery and equipments. All these factors are anticipated to augment the demand for VCI aerosol market in the country.

How has COVID-19 Impacted the Growth of VCI Aerosol Market?

COVID-19 had a major impact on the growth of the VCI aerosol market. Due to pandemic situations across the globe, most of the manufacturing companies were shut down, which led to cutting the cost of corrosion inhibitors in 2020.

However, with cases of the virus depleting and industries opening up, VCI aerosol market is expected to boost during the forecast period and generate a value CAGR of 5.0% to 6.0%.

Key Segments of VCI Aerosol Market Covered in the Report

On the Basis of Type:

Oil-based
Water-based

On the Basis of Product:

Organic
Inorganic

On the Basis of End Use Industry:

Oil & Gas
Power Generation
Paper & Pulp
Metal Processing
Chemical Processing
Water Treatment
Others (Automotive)

On the Basis of Region:

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

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Drop Cloth Market 2022 Development Status, Competition Analysis, Type and Application 2031

The drop cloth market is set to witness a CAGR of 3.0% during 2021-2031. A drop cloth is a protective sheet (made of fabric or plastic) used to cover floors and furniture by painters. The growing popularity of home restorations is increasing demand for drop cloths, which are mostly used by painters while painting houses.

What is Driving Demand for Drop Cloth?

As a result of living a luxury lifestyle, consumer expenditure on home décor has soared. Furthermore, demand for drop cloth is increasing due to a rise in farmhouse style projects.

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More importantly, customers are becoming more health-conscious, and various viruses can be found on floor surfaces, such as hospital floors. Professional contractors, for example, can use Clean&Safe®Pro drop cloths to safeguard their surfaces. Clean&Safe®Pro has all of the benefits of the original Clean&Safe®, but adds an extra layer of fabric on top for improved durability and scratch and dent resistance. Clean&Safe®Pro can also be simply broom cleaned or vacuumed thanks to the extra layer of recycled fibers, which is vital when working on a jobsite where dust and cleanliness are a concern.

Trends in Drop Cloth Likely to Augment Sales

As the eco-friendly trend grows and customers are willing to buy more eco-friendly products, many market participants are producing eco-friendly, reusable drop cloths. For example, there are many different types of drop cloths, one of which is canvas, which comes in a variety of weights including 6 oz, 8 oz, and 10 oz. The heavier the drop cloth fabric is, the higher the number. Cotton duck fabric is used to make the canvas drop cloth.

Canvas drop cloths are washable and reusable, with double-stitched seams and heavy-duty rot-resistant thread. Canvas drop cloths have a very natural appearance, making them ideal for use in home decor projects, particularly farmhouse style projects.

Impact of Covid- 19 on Drop Cloth Market

The COVID-19 pandemic, which has rattled almost the entire globe, broke out at the start of the year 2020. Aside from the major threat to people’s lives, COVID-19 has wreaked havoc on the world’s social, political, administrative, religious, and economic status.

In addition, production units were halted, and the company has been hampered by a labor shortage.

US and Canada Drop Cloth Market Outlook

As a result of the covid-19 epidemic, the globe is facing an unprecedented health, economic, and environmental emergency. The government of the United States and Canada have taken a number of steps to disrupt the coronavirus’s transmission chain and prevent it from spreading, including imposing curfews and lockdowns, as well as restricting international trade.

Because the majority of Americans work from home and have free weekends, the majority of people are renovating their homes during the pandemic, allowing the players to earn more money. Demand for home decoration is increasing in the United States as a result of growing consumer interest, which is likely to enhance demand for drop cloth in the region.

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Europe Demand Outlook for Drop Cloth

The desire for home renovations varies from person to person, from state to state, and from country to country. People in countries such as Germany, the United Kingdom, Finland, Switzerland, and Sweden are more interested in modern and contemporary house renovations, and they have a strong desire to live a luxurious lifestyle. The expansion of the real estate industry is another element driving the rise of the drop cloth industry in Europe.

The majority of Europeans are using e-commerce platforms to get quick access to drop cloth because drop cloth is now more widely available online, which is predicted to stimulate trade growth.

Who are the Key Manufacturers and Suppliers of Drop Cloth?

Some of the leading manufacturers/suppliers include

KS International Inc.
taihongdropcloth
Homemaster Co.
Limited
Psb Exports
Han Sangsa
Jacksmith Industries Singapore Pte Ltd.
Razzaq Trading Company
M/s Nawab Fabrics
Clare Inc.
Premier Paint Roller Company LLC and among others.

Drop Cloth Market Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Key Segments

By Product Type:

Canvas Drop Cloth
Plastic Painter Drop Cloth
Others (Paper/poly drop cloth)

By End User:

Residential
Commercial
Industrial

By Sales Channel:

Wholesalers/Distributors
Online Retailers
Direct Sales
Specialty Stores
Multi-Brand Stores
Other Sales Channel

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
Japan
Middle East and Africa

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Home Infusion Therapy Devices Market valuation is expected to total US$ 3.8 Bn by the end of 2031

According to a recent study by Future Market Insights (FMI), sales of home infusion therapy devices are expected to top US$ 2.0 Bn in 2021, growing at a CAGR of over 6.5% during the forecast period (2021-2031).

Home infusion therapy devices are used for the intravenous administration of medicines. It is commonly prescribed for patients with serious infections and specialized diseases when orally administered medicines are not or comparatively less effective.

Application of home infusion therapy devices is increasing with the rising number of surgeries conducted across the globe. Post-surgery pain management at home can be done with the help of home infusion therapy devices.

Besides this, rising healthcare expenditure and growing awareness regarding the risk and infection amidst the outbreak of COVID-19 is driving the demand of home infusion therapy devices.

Key Takeaways from Home Infusion Therapy Devices Market Study

By product type, infusion system accessories will hold around 45% of value share globally.
Based on the application, antibiotic administration is leading with over 34% of the market share.
Home care settings sales will dominate the home infusion therapy devices, with a market share of 65% during the forecast period.
By region, the U.S. will dominate the global home infusion therapy devices market with a value share of around 37% during the forecast period.
Followed by North America, Europe will be the second-largest leading region, with a value share of 93.2% during the forecast period.
India is the dominant country in term of revenue for South Asia Home infusion therapy devices market, accounting for nearly 48% of market share in 2021.
China holds leading position in East Asia and is expected to account for nearly 52% of market share.

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“Growing prevalence of chronic diseases such as diabetes and cancer in the midst of COVID-19 pandemic and high risk of infection across hospitals encouraged key players to invest in new product launches. This is expected to enable growth in the market in the coming years” says a FMI Analyst.

Who is Winning?

Key players are focusing on new product launches and approvals. Other growth strategies adopted by leading players include, agreements, and collaborations among key manufacturers. By focusing on these strategies, key players are expanding their geographic presence and strengthening their existing product portfolio.

For instance,

In June 2019, Baxter International Inc. announced that Myxredlin that is the first and only ready-to-use insulin for IV infusion get the US FDA approval.
In Jan 2019, Fresenius Kabi AG launched two colourful bags via white spiral cables to supply the nutrient solution for parenteral nutrition.
In April 2017, B. Braun Melsungen AG announced the launch of home infusion therapy App named Easypump® for healthcare professionals and patients.

The key market players profiled by FMI include Becton, Diciknson & Company, B.Braun Melsungen AG, Baxter International, Fresenius Kabi, Terumo Corporation, ICU Medical, Nipro Corporation, Smiths Medical, Micrel Medical Devices SA, Moog Inc., JMS Co.Ltd., Intera Oncology, and Others Top-up.

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Key Questions Answered in Report

How much is the home infusion therapy devices market worth?

The home infusion therapy devices market is expected to surpass US$ 2.0 Bn in 2021.

What is the demand outlook of the home infusion therapy devices market?

Home infusion therapy devices are projected to expand at a CAGR of 6.5% between 2021 and 2031.

What are the key trends shaping home infusion therapy devices market?

Technological advancement and launch of user-friendly devices from leading brands are some of the trends that will fuel the demand for home infusion therapy devices.

What is the market share of the top players in the home infusion therapy devices market?

Top players are expected to contribute nearly 85.5% of the overall global market share.

Which are the top 5 countries driving demand for home infusion therapy devices?

U.S., China, Germany, U.K., and Japan are the top 5 countries that are driving the demand for.

At what rate will the sales of home infusion therapy devices rise in Europe?

Europe home infusion therapy devices market is forecast to grow at a CAGR of 6.2% in 2021- 2031.

What is the outlook for home infusion therapy devices market in East Asia?

The East Asia market is set to exhibit robust growth at a CAGR of over 7.3% during the forecast period.

Which companies are key producers of home infusion therapy devices?

Becton, Diciknson & Conmpany, B.Braun Melsungen AG, Baxter International,

Fresenius Kabi, and Terumo Corporation are key producers in this market.

Needle-Free Injectors Market Set to Surpass US$ 36.3 Bn by 2031 amid Soaring Demand for Vaccines Worldwide: Future Market Insights

ESOMAR-certified market research firm Future Market Insights (FMI) has forecast the Needle-Free Injectors Market to exhibit a year-on-year (YoY) growth of 11.9% in 2021, reaching a valuation of around US$ 12.3 Bn by the end of the year.

Owing to the increasing healthcare expenditure and rising prevalence of chronic diseases, the demand for needle-free injectors is set to rise at a CAGR of around 11.4% between 2021 and 2031, surpassing a valuation of around US$ 36.3 Bn by the end of 2031.

Increasing cases of needle prick injuries, high prevalence of chronic diseases, growing demand for self-injection devices, and various advantages associated with needle-free injection technology are some of the factors driving the needle-free injectors market. Needle-free injectors also are ideal for people who suffer from needle phobia.

As per the Centers for Diseases Control and Prevention (CDC), hospital-based healthcare personnel experience around 385,000 needle-stick/sharps injuries each year (2015). Needle stick injuries can lead to serious or potentially fatal infections due to potential exposure to blood borne pathogens such as hepatitis B virus, hepatitis C virus, and Human immunodeficiency virus (HIV).

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Initiatives launched by organizations such as Occupational Safety and Health Administration (OSHA), National Institution for Occupational Safety and Health (NIOSH), and Food and Drug Administration (FDA) to reduce needle stick injuries and the subsequent risk of blood borne pathogen transmission are positively impacting the needle-free injectors market.

Sales of needle-free injectors skyrocketed during the COVID-19 pandemic. Many pharmaceutical companies started administrating SARS-CoV-2 vaccine by using needle-free injection systems. For instance, in September 2021, Pharmajet, announced that its partner, Scancell has selected its devices to administer two SARS-CoV-2 DNA vaccine candidate, SCOV1 and SCOV2. The vaccines will be exclusively administered using the Pharmajet Tropis and Pharmajet Stratis Needle-free injection systems.

Growing popularity of needle-free injectors in cosmetic industry will further accelerate growth in the market. As per FMI, the cosmetic segment is set to witness maximum growth at a CAGR of 12.6% during the forecast period.

North America will continue to dominate the needle-free injectors market with around 42% of total market share. This can be attributed to the increasing investment in research and development, presence of leading market players, rise in diseases like diabetes, and growing preference for noninvasive procedures.

“Rising demand for self-injection drugs and increasing health consciousness among people will accelerate the growth of needle-free injectors market during the assessment period. Besides this, new product launches and approvals will play a key role strengthening footprint of various market players,” says the FMI analyst.

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Key Takeaways from Needle-Free Injectors Market Survey

The U.S. will continue to dominate the North America needle-free injectors market with over 94% share in 2021. The robust growth can be attributed to the rising prevalence of chronic diseases and growing preferences for non-invasive procedures.
With increasing expenditure in healthcare, Germany is expected to account for 29.4% share in the European market during the forecast period.
Japan is projected to hold over 34% share in the East Asia market during the assessment period.
With around 46.8% share in the East Asia market, China will exhibit a CAGR of 12% between 2021 and 2031.
Based on load, the liquid injections segment will hold around 88% share of the global market.
In terms of technology, spring loaded jet injector is dominating the market with over 47.1% of the market share.
By application, drug delivery segment is expected to hold dominant share in the global market, accounting for around 65% of the revenue share in 2021.

Key Drivers

Rising demand for self-injection devices along with shifting preference for non-invasive procedures is positively impacting the market growth. These injectors not only reduce pain during drug delivery but also confine the drug more evenly in the dermis.
Technically superior needle-free injectors are able to administer highly viscous drug products which cannot be administered by traditional needle and syringes.
Needle-free injectors are ideal for mass vaccination and thus can help to counter pandemic situations like COVID-19.

Competitive Landscape

Key players operating in the needle-free injectors market are focusing on expanding their product portfolio by investing in research & development activities. They have adopted various organic and inorganic growth strategies such as mergers and acquisitions, new product launches, partnerships and collaborations to strengthen their global footprint.

In January 2020, Gerresheimer Medical systems and Portal Instruments developed an innovative primary drug container for use in needle-free automatic injection system. The cartridge like container, made of the high-performance polymer Cyclo olefin polymer (COP), serves as the primary packaging for the sensitive active agent and is equipped with a nozzle, with which the hair-thin jet of medication is generated for the injection.
In June 2021, Eton Pharmaceuticals, Inc announced that it has acquired the U.S. and Canadian rights to crossject’s ZENEO hydrocortisone needless auto injector, which is under development as a rescue treatment for adrenal crisis.
In October 2019, Antares Pharma, Inc. announced that it has received the final payment of $2.5 million from Ferring Pharmaceuticals in connection with the previously disclosed sales of Antares worldwide rights, including certain fixed assets for the ZOMAJET needle-free auto injector device to Ferring.
In August 2021, Zydus Cadila announced that the company has received the Emergency Use Authorization (EUA) from the Drug Controller General of India (DCGI) for the only needle-free COVID vaccine in the world.

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Some of the prominent players operating in the needle-free injectors market profiled by FMI are:

Gerresheimer AG
Pfizer Inc.
Antares Pharma
CSL Limited (Seqirus UK Limited)
Crossject
Portal Instruments
Ferring Pharmaceuticals
PharmaJet Inc.
PenJet Corporation

More Insights on the Global Needle-Free Injectors Sales Outlook

FMI provides an unbiased analysis of needle-free injectors market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global demand for needle-free injectors with a detailed segmentation on the basis of:

Load:

Liquid Injections
Powder Injections
Projectile Injections

Technology:

Spring-loaded jet injector
Battery-powered jet injector
Gas-powered jet injector

Delivery Site:

Intra dermal injectors
Intramuscular injectors
Subcutaneous injectors

Application:

Drug Delivery
Vaccines
Cosmetic
Others

End User:

Home Care Settings
Long Term Care Centers

Region:

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

Discover more about Needle-Free Injectors Market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/ask-question/rep-gb-13960

Key Questions Covered in the Needle-Free Injectors Sales Outlook Report

The report offers insight into needle-free injectors demand outlook for 2021-2031
The market study also highlights projected sales growth for needle-free injectors market between 2021 and 2031
Needle-free injectors 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
Needle-free injectors market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Explore FMI’s Extensive Coverage on Healthcare Domain

Safety Needles Market – The global safety needles market is estimated to be valued at nearly US$ 4,000 Mn in 2017 and is anticipated to touch almost US$ 8,000 Mn by 2027 end, registering a CAGR of 6.9 % over the forecast period. North America is the largest regional market, which is estimated to cross US$ 1,200 Mn, or 31.1% share of the total market share in 2017 and is estimated to reach a market valuation in excess of US$ 2,500 Mn by 2027, registering a CAGR of 7.3% over the forecast period.

Endoscopic Ultrasound Needles Market – Owing to advanced robotic devices, healthcare providers are able to perform minimally invasive and safe surgical procedures. Endoscopic surgery is gaining traction as it uses advanced technology to reach internal organs with help of small incision resulting in less pain, and quick recovery as compared to the traditional methods of surgery.

Vacuum Blood Collection Devices Market size, Insights, Prospects, Growth Trends, Key Trends, Opportunities and Forecast until 2031

According to a recent study by Future Market Insights (FMI), the global vacuum blood collection devices market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 2.2 Bn in 2020 to over US$ 2.3 Bn through 2021. It also is expected to register cumulative CAGR of around 6.3% over the forecast period (2021-2031).

Vacuum blood collection devices are closed tubes for blood collection and thus reduces the direct exposure of blood to the environment thus lowering risk of contamination. These tubes have improved sampling by allowing sample collection through single venipuncture. Ease in the process of blood collection, processing and the lowering risk of contamination to the patients are the major factor driving the market growth.

Global burden of chronic diseases such as, cardiovascular disorders, cancer, and diabetes has increased at a rapid pace. High prevalence of these diseases has enforced adherence to the regular health checkups and growing importance of markers for early diagnosis via blood tests.

As blood tests are primary mode of diagnosis for these diseases, the rise in number of chronic diseases will positively drive the demand for vacuum blood collection devices, augmenting the market growth.

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Rising advancements in the field of biotechnology have enabled the establishment of several non-invasive approaches for disease diagnosis. Amongst other favorable diagnostic tools, liquid biopsy has emerged as a promising and versatile non-invasive cancer diagnostic tool. Liquid biopsy analysis based on circulating cell-free nucleic acids, circulating tumor cells or other diseased cells from organs, and exosomes or other micro vesicles in blood offer new means for non-invasive diagnostic applications.

With growing number of stabilizing reagents and dedicated vacuum blood collection tubes available in the market, it has become possible to perform the post-collection preservation of circulating cell-free DNA (cfDNA) profiles in whole blood.

This has certainly increased the demand for non-invasive diagnostic procedures. Such advancements are expected to provide lucrative growth opportunities for the vacuum blood collection devices market.

Key Takeaways from Vacuum Blood Collection Devices Study

By product, serum separator tubes will account for the largest share of 23.2% in 2021, and is expected to remain dominant throughout the forecast period.
Based on material, plastic/PET material will hold mammoth’s share of 84.5% in 2021
In terms of application, routine chemistry is expected to account for the largest share of 34.2% in 2021 of vacuum blood collection devices market and is expected to continue to grow at the same trend during the forecast period.
Diagnostic laboratories are expected to be the primary end-user of vacuum blood collection devices, holding total market share of 46.6% in 2021
The U.S. is expected to emerge as the most lucrative market across North America, capturing 87.3% of market share.
India will lead the growth of South Asia’s vacuum blood collection devices market, contributing for over 74.6% of sales through 2031

Some of the leading manufacturers of vacuum blood collection devices market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

The key market players covered by FMI include Becton, Dickinson, & Company, Greiner Bio-One GmbH, Guangzhou Improve Medical Instruments Co.,Ltd, AB Medical, Inc., SARSTEDT AG & Co. KG, Cardinal Health, Poly Medicure Ltd, FL Medical , InterVac Technology, CHENGDU RICH SCIENCE INDUSTRY CO., LTD., Zhejiang Gongdong Medical Technology Co., Ltd., Aptaca Spa., Hindustan syringes & Medical Devices.

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Dog Float Market 2022 | Scope of Current and Future Industry 2031

The dog float market is set to witness a CAGR of 3.0% during 2021-2031. The dog float are made specifically for pets such as dogs and cats to allow them to enjoy the water alongside their owners.

What is Driving Demand for Dog Float?

The global pet accessories industry is expected to grow due to a number of factors. The rising popularity of pet adoption is driving up demand for pet accessories like dog float. Having a dog as a pet brings a lot of love and affection, as well as health benefits. Dogs are frequently used to alleviate loneliness in people’s lives. A pet at home encourages people to get out and socialize.

Going for a stroll with a pet, such as a dog, can help with health issues such as blood pressure and cholesterol levels. People consider a companion animal to be their best friend. The close bond that exists between a dog and a human being can frequently aid in the resolution of issues such as depression and other forms of mental stress. It also covers the issue of loneliness in one’s life.

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These advantages of pet adoption have led to a rise in pet adoption rates around the world. Furthermore, when participating in outdoor activities such as swimming, where some dogs are scared of water, a dog float allows them to enjoy the water alongside their guardians.

Trends in Dog Float Likely to Augment Sales

Customization is a popular trend in the dog float industry. In order to entice pet owners, the producers of dog float provide customized dog float. The SwimWays spring float paddle paws dog pool float, for example, is specifically developed for pets. The float is made of a claw-friendly, puncture-resistant plastic with a paw print pattern. This float folds up easily for storage and transit.

Furthermore, the pet floats are offered in various shapes and sizes according to the pets is the on-going trend. For example, the Midlee brand offers inflatable bone shaped dog float which is perfect for small as well large dogs.

Impact of Covid- 19 on Dog Float Market

The COVID-19 outbreak had a negative effect on dog float business. A major issue arose during the pandemic as a result of limits put on a range of activities, including the closure of pet stores and restrictions imposed on swimming pools and beaches where the product is commonly used. Furthermore, as a result of the epidemic’s government limitations and heavy lockdown, the manufacturing process had been suspended due to a manpower shortage.

US and Canada Dog Float Market Outlook

The United States is the most valuable market for dog float in the world. According to the statistics of National Pet Owners in 2019, around 67% of U.S. households owned a pet, among which 63.4 million are dogs owned by majority of the households. Furthermore, physical activities to keep the dogs active is rising. The consumers across the region are willing to pay more for premium products, thus augmenting the dog float market in US.

Furthermore, the manufacturers are concentrating on providing more environmentally friendly items. Pet Expertise, LLC, for example, sells Eco Fly-n-Tug floats, which include an exterior layer made of 100 percent natural, sustainable hemp canvas and an inner layer made of 100 percent eco-felt wool. The product is non-toxic, lead-free, and printed with eco-friendly ink.

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Europe Demand Outlook for Dog Float

Consumers in Europe have shown a desire to utilise more environmentally friendly items in order to reduce their environmental effect. This has prompted dog float producers to develop more environmentally friendly floats. Dog float firms are increasingly opting towards sustainability within the pet accessories sector, the notion of sustainability is on the rise. Kai Pet Pool Floats, for example, are unusual beanbag-style pet loungers that keep dogs buoyant above the water while also keeping them cool when soaked. They’re crafted of stain-, mold-, and mildew-resistant Sunbrella® fabric, have a simple drain for removing extra water, and double as outdoor pet beds when your dog gets bored of floating around the pool.

Who are the Key Manufacturers and Suppliers of Dog Float?

Some of the leading manufacturers and suppliers of dog float include

Pet Expertise
LLC.
Kai Pet Pool Floats
Spin Master Ltd.
Cinmar LLC
Hyper Pet
LLC
Ningbo Wonderful Plastic Industry and Trade Co.Ltd
Dog Pools .com
FUNBOY LLC
among others.

Dog Float Market Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Key Segments

By Shape:

Paw Shaped
Bone Shaped
Others

By Size:

Small
Medium
Large

By Sales Channel:

Wholesalers/Distributors
Online Retailers
Convenient Stores
Multi-Brand Stores
Pet Specialty Stores
Other Sales Channel

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

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