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The Unified Communication as a Service (UCaaS) market income totalled US$ 19.6 Bn in 2020, as indicated by Future Market Insights (FMI) examination. Ascending at a CAGR of 14.5% somewhere in the range of 2021 and 2031, the general market is relied upon to arrive at US$ 85.7 Bn by 2031.

The interest for UCaaS arrangements will speed up with top 5 suppliers holding around 36.5% of absolute market in 2020.

Recently delivered information on the UCaaS request standpoint shows 12.8% y-o-y development in 2021. Among industry vertical, share held by BFSI area will stay most noteworthy among all. Be that as it may, the IT and telecom section will develop at 18.1% CAGR through the evaluation time frame.

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Expanding interest for UCaaS from enormous just as little and medium ventures (SMEs) can be ascribed to expansion of portability and Bring Your Own Device (BYOD) patterns. The UCaaS request is assessed to ascend at 14.5% CAGR somewhere in the range of 2021 and 2031 in correlation above 10.7% CAGR enrolled during 2016-2020.

Coronavirus Impact Analysis on Unified Communication as a Service Market

The episode of (COVID-19) has made the requirement for associations to adjust the present quick moving reality where the business coherence is an absolute necessity. The episode of COVID-19 pandemic is denoting an uncommon event where business pioneers around the world need to rapidly empower their labor forces to turn out from a distance for a broad timeframe.

As indicated by Future Market Insights, the COVID-19 pandemic is relied upon to speed up the reception of distributed computing as a mechanical shift, yet additionally as a working model as ventures across the globe recognize limits of their present circumstance.

Key Takeaways: Unified Communication as a Service Market

• By arrangement fragment, the incorporated UCaaS stage/suite is expected to represent the main offer in the worldwide UCaaS market during the estimate time frame. The fragment assessed to develop at a vigorous CAGR of 17.3% through 2031.
• The interest for UCaaS in little and medium endeavors (SMEs) is relied upon to ascend at greatest speed as these associations keep embracing UCaaS and cloud based answers for better ROI.
• Interest for UCaaS in IT and Telecom and BFSI area is assessed to develop at an amazing CAGR. Of these, BFSI industry is relied upon to represent driving offer in UCaaS market during the figure time frame.
• North America is relied upon to lead the market followed by Europe in 2021. South Asia and Pacific is expected to arise as the quickest developing locale between 2021 and 2031.
• The market in Japan is relied upon to advance at a CAGR of over 17% through 2031.
• In the U.K., deals are relied upon to increment at a CAGR of near 18% over the course of the following ten years.

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Competitive Landscape

Some of the leading companies operating in the market are: 8×8 Inc., Cisco Systems,  Inc., Google LLC, Microsoft Corporation, LogMeIn Inc., RingCentral,  Inc., Mitel Networks Corporation, Fuze Inc., Windstream Holdings,  Inc., ALE International, DIALPAD,  INC., Verizon Communications Inc., NTT Communications Corporation, Vonage, Masergy Communications,  Inc., Avaya Inc.

The global vegan dog food market is primarily driven by the increasing demographics for vegan population. The growing opportunity for vegan dog food due to rising pet ownership, along with increasing demand for healthy pet food products will spur the overall market growth around the world.

According to a new report by Future Market Insights (FMI), the market is set to rise at a CAGR of 6.9% through the end of the forecast period in 2031 with a valuation of over US$ 12.22 Bn. 

The increasing focus on the health of dogs has augmented the market demand for vegan dog food.

Dog owners are looking for food products with higher nutritional value. The growing awareness regarding healthy dog food is propelling the demand of vegan dog food in the market. These aspects are encouraging product launches, subsequently driving overall growth.

• In May 2020, Bond Pet Foods, Inc., has introduced its first consumer product – animal-free, a high-protein dog treat bar. The company is headquartered in the U.S. and work with biotechnology to produce the convenient Protein-Packed treat bar for dogs that has been accepted by veterinary nutritionists for high palatability and digestibility.

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Key Takeaways from the Vegan Dog Food Market Study

• In terms of nature, conventional vegan dog food is most preferred and will hold a dominant share of more than 81.2% in 2021. It is expected to grow at a CAGR of 6.0% over the forecast period.
• Kibbles or dry vegan dog food will hold the maximum share of 24.3% in 2021 exhibiting a CAGR of 5.8% in the forecast period.
• Puppies are dominating the global vegan dog food industry in terms of age group with the market share of 53.6% in 2021.
• Among the sales channel, store based retailing is the most preferred and holds a dominant share of more than 86.4% in 2021 and is expected to grow at a CAGR of 6.1% over the forecast period.
• Bags will hold the maximum share of 36.8% in 2021. The use of stand-up bags in the pet food packaging business is the newest trend.

“The expansion of the vegan industry has evidently created opportunities vegan dog food sales. Besides this, awareness regarding their pet’s health and wellbeing has attracted pet owners to shift towards vegan diet for their dogs.” said a lead analyst at FMI

Who is winning?

To meet the rising demand from customers, manufacturers are investing extensively to refresh their stocks with vegan dog food products. For instance:

• In May 2020, Nestlé Purina PetCare, has announced about the series of investments (CHF 100 million) in plants, such as plant-based pet food products, this will further build up the company’s footprint in the Chinese market.
• In November 2019, Nestlé Purina PetCare authoritatively opened its 21st U.S.-based pet care product production unit in the Hartwell. Purina will manufacture its wet pet food brands, including Purina ONE, Pro Plan, and Fancy Feast at its new plant (Hartwell) and mainly serve the south-eastern pet food market.

Some of the key players in vegan dog food market are Mars Incorporated, Hill’s Pet Nutrition, Lafeber Co., Fromm Family Foods LLC., Dave’s Pet Food, Boulder Dog Food Company, L.L.C., Champion Petfoods, Nutro Products Inc., Evanger’s Dog & Dog Food Company, Inc.

Get Valuable Insights into Vegan Dog Food Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the Vegan Dog Food market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the vegan dog food market based on product type (kibble/dry, dehydrated food, treats and chews,   freeze-dried raw, wet food, frozen, powder and freeze-dried food), nature (organic and conventional), by age group (adult, senior, puppy), by packaging (pouches, bags, folding cartons, tubs & cups, can, bottles & jars) (by distribution channel (direct sales/B2B, HoReCa, and indirect sales) across ten major regions North America, Latin America, Europe, APEJ, Japan, Oceania, and MEA.

Key Points Covered in Vegan Dog Food Market Survey

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Vegan Dog Food and How to Navigate
• Recommendation on Key Winning Strategies

For Complete TOC @ https://www.futuremarketinsights.com/reports/vegan-dog-food-market/table-of-content

Key Questions Answered in the Report

• What is the overall global Vegan Dog Food market value?

The global vegan dog food market is expected to surpass a valuation of US$ 10,560.40 Mn by 2021.

• What is the demand outlook for Vegan Dog Food market?

The vegan dog food market will register a steady rise in demand through 2021. As per FMI, the market is expected to register a CAGR of 6.9% in the forecast period.

• What are the key trends dominant in the Vegan Dog Food market?

The main determining variables are the growing vegan preferences in pet food and manufacturers’ focus on meeting regulatory criteria.

• What are the key factors propelling the sales of Vegan Dog Food?

Increasing health concerns among pet dogs have resulted in a demand for meat-free dog food, as dog owners have become more concerned about their dogs’ health and well-being, are significant reasons driving vegan dog food sales.

• What is the North America Vegan Dog Food market outlook?

North America is a major market for vegan dog food. It will register 4.8% CAGR through the end of 2031.

• What is the cumulative share of the top ten companies in the Vegan Dog Food market?

The top five companies operating in the Vegan dog food market are Nestlé Purina PetCare, Mars Incorporated, Hill’s Pet, Evanger’s Dog & Cat Food Company, Inc., and Rollover Premium Pet Food Ltd.  These companies hold a market share of 30 to 40% of the global vegan dog food market.

• At what rate will the Vegan Dog Food market grow in Europe?

Future Market Insights has forecast the European vegan dog food market to exhibit a CAGR of 6.6% between 2021 and 2031.

• Which are the top 5 countries exhibiting high demand for Vegan Dog Food?

The U.S., Canada, U.K., Japan, Germany and France are among the leading markets for vegan dog food, exhibiting consistently high demand.

• What is the share of the Germany and China Vegan Dog Food markets?

As per Future Market Insights, Germany vegan dog food market accounts for 14.7% in Europe, while China accounts for 37.3% of the East Asia market.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The demand for microalgae in the animal feed sector totaled US$ 57.54 Mn in 2021, according to latest insights by Future Market Insights (FMI). Exhibiting a CAGR of 3.5% for 2021-31, the market is expected to reach US$ 80.96 Mn by 2031.

Rising demand from the aquaculture sector and consumption of natural antibiotics over synthetic ingredients have positively influenced market growth. As per FMI, fresh-water microalgae accounted for 82% of global demand for microalgae in animal feed sector in 2021.
Livestock owners are becoming conscious about feed intake by their livestock and are opting for clean label, natural, organic, and vegan ingredients. There is a growing demand for feed manufactured without using preservatives, artificial flavor, artificial colors, synthetic ingredients, antibiotics, or toxic pesticides.

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Consequently, the demand for microalgae in animal feed sector will total US$ 57.54 Mn in 2021 and reach US$ 80.96 Mn in 2031, rising at a CAGR of 3.5%, finds Future Market Insights (FMI) in its latest study.

Microalgae are widely used as a natural colorant and flavor enhancer in animal feed applications. To replace synthetic nutritional ingredients, key players in the animal feed industry are shifting towards a number of microalgae species.

Rapid urbanization and higher disposable incomes are playing key role in expanding the demand for microalgae in the animal feed sector in emerging countries. Emerging markets are key to producers owing to the significant rise in animal husbandry and pet ownership.

Rapeseed and soybean meal are high protein foods that are commonly used for livestock and poultry. Spirulina platensis microalgae are used as a partial substitute with rapeseed and soybean meal. This formula increases milk and milk protein yield.

Key Takeaways from Demand for Microalgae in Animal Feeds Sector Market StudyAs feed intake is the most important element influencing milk production, improving the digestibility of microalgae to dairy cows has the potential to improve milk production. Therefore, animal feed manufacturers are utilizing spirulina microalgae as a substitute for rapeseed and soybean, pushing the growth of microalgae sales in animal feed formulations.

• Spirulina accounts for around 39.0% of the total market share in 2021 and is expected to be dominant owing to a very high protein concentration.
• Freshwater microalgae in the animal feed sector accounted market value share of more than 80% in the year 2021 and will grow at a CAGR of 3.2%, owing to easier access.
• Poultry feed and swine feed applications hold more than 65% of the market share in the year 2021. Aquaculture feed will show lucrative growth with a CAGR of 5.1%.
• The U.S. will account for over 90% of sales in North America through 2031 aided by favourable government policy.
• Brazil holds more than 50% value share in Latin America, driven by demand from a massive animal husbandry industry.

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“Steady increase in livestock population and the rising demand for meat and dairy products, and concerns pertaining to healthier feed ingredients obtained from natural resources will fuel the demand for microalgae in feed formulations,” said a lead analyst at FMI.

Demand for Microalgae in Animal Feeds Sector by Category

By Species Type:

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

By Source:

• Marine Water
• Fresh Water

By End Use Applications:

• Poultry Feed
• Swine Feed
• Cattle Feed
• Aquaculture Feed
• Equine Feed

By Region:

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

Who is winning in Demand for Microalgae in Animal Feeds Sector?

Key players who are engaging in producing and supplying microalgae for animal feed applications are actively involved in changing market strategy, production capacity, and other developments for microalgae in the animal feed sector.

Some of the key players driving demand for microalgae in the animal feed sector are DIC Corporation Cyanotech Corporation, Koninkliijke DSM NV, Roquette Frères, BASF SE, Fuji Chemical Industries Co., Ltd, Parry Nutraceuticals, BGG (Beijing Gingko Group), KDI Ingredients, Sinoway Industrial Co., ltd., INNOBIO Corporation Limited, Yunnan Alphy Biotech Co., Ltd, Algaecan Biotech Ltd., Algatechnologies Ltd., Cardax, Inc., Igene Biotechnology, Inc., Fenchem Biotek Ltd., AstaReal Inc., Valensa International, and Kunming Biogenic Co., Ltd.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-13683 

Get Valuable Insights into Demand for Microalgae in Animal Feed Sector

Future Market Insights, in its new report, presents an unbiased analysis of the global demand for microalgae in animal feed sector, covering historical demand data and forecast figures for the period between 2021 and 2031. The study reveals compelling insights into the growth witnessed in the market. Based on the demand for microalgae in animal feed sector on basis of species type, has been classified as spirulina, chlorella, dunaliella, haematococcus, crypthecodinium, schizochytrium, euglena, nannochloropsis, phaedactylum and others. Based on sources, demand for microalgae in animal feed sector are classified as marine water and fresh water. Based on end use applications, demand for microalgae in animal feed sector is classified as poultry feed, swine feed, cattle feed, aquaculture feed, and equine feed. Regionally, demand for microalgae in animal feed sector covers North America, Latin America, Europe, Asia Pacific and the Middle East and Africa (MEA).

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Automotive Oxygen Sensor Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focusing on research and market study to produce different automotive oxygen sensor market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the automotive oxygen sensor market.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-12640

Automotive Oxygen Sensor Market: Key Participants

Some of the market participants in the Automotive Oxygen Sensor market identified across the value chain:

• Fujikura Ltd.
• Bosch Auto Parts
• NGK SPARK PLUG CO., LTD.
• Pricol Limited
• RAE
• Continental AG
• Hella KGaA Hueck & Co.
• SJ AUTOMOTIVE CO. LTD.
• Federal-Mogul
• DENSO EUROPE
• Wells Vehicle Electronics
• Sensirion AG Switzerland

The research report on the Automotive Oxygen Sensor market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Automotive Oxygen Sensor market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to mentioned market segments.

Automotive Oxygen Sensor Market: Segmentation

Product Type :

• Binary Exhaust Gas Oxygen Sensor
• Universal Exhaust Gas

Design Type :

• Ginger Type
• Planar Type

Sales Channel :

• OEM (Original Equipment Manufacturer)
• OES (Original Equipment Supplier)
• IAS (Independent Automotive Supplier)

Vehicle Type :

• Passenger Car
  • Compact
  • Mid-size
  • Luxury
  • SUV
• Light Commercial Vehicle
• Heavy Commercial Vehicle

 Location :

• Catalytic converter
• Exhaust manifold

Distribution Channel :

• Online
• Offline

Application :

• Gasoline fueled vehicle
• Diesel fueled vehicle

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-12640

Queries Solved

What is the size of the overall Automotive Oxygen Sensor Market in the Automotive Market and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Automotive Oxygen Sensor Market in the Automotive Market, and how they are expected to impact the market?

What are the attractive investment opportunities within the Automotive Oxygen Sensor Market in the Automotive Market?

What is the Automotive Oxygen Sensor Market in the Automotive Market size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Automotive Oxygen Sensor Market in the Automotive Market?

What are the recent trends in Automotive Oxygen Sensor Market in the Automotive Market? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Automotive Oxygen Sensor Market in the growth of the Automotive Market?

What are the key market trends impacting the growth of the Automotive Oxygen Sensor Market in the Automotive Market?

Market Background        

Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.