Market Research Blog – Page 1574 – New Product Development

Dental Floss Market is anticipated to expand at an 8% annual pace and reach USD 1.35 Billion by 2032 | FMI Study

The humble dental floss is proving to be a powerful tool in oral hygiene. The global Dental Floss Market is experiencing a surge in popularity, driven by increasing awareness of its importance in maintaining oral health. According to recent analysis, the market is set to reach a value of USD 1.35 billion by 2032, a significant increase from the current valuation of USD 626.41 million in 2022. This growth is attributed to a steady Compound Annual Growth Rate (CAGR) of 8% over the next decade.

This unparalleled expansion is largely attributed to the escalating awareness surrounding dental hygiene and oral health on a global scale. Dental floss, a fundamental tool in maintaining pristine oral health, is emerging as a vital component in the daily dental care routine of individuals worldwide.

In today’s dynamic landscape, disposable floss is garnering widespread popularity, particularly among young children who find it more convenient and user-friendly. The growing interest in adopting preventive healthcare measures is expected to further fuel the demand for dental floss. Moreover, the rising adoption of oral care products is set to underpin the expansion of the Global Dental Floss Industry.

Request a Sample of this Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-8442

Dental Floss Market: Drivers and Restraints- Growing spending on dental and oral products to avoid dental surgeries will drive the growth of the dental floss market. Increasing interest in preventive health care across the world will increase the demand for dental care products such as dental floss. Growing disposable income and healthcare expenditure favor the growth of the dental floss market. The increasing demand for dental care products to prevent dental diseases such as periodontal disease, dental plaque, and oral infection.

Increasing adoption of new treatment and care options impels the growth of the dental floss market. The availability of new preventive dental care products is another major factor expected to propel the growth of the dental floss market. Increasing dentist recommendations to include flossing in daily routine propel the growth of the Global Dental Floss Industry over the forecast period. Moreover, dental care regulatory organizations such as the European Federation of Periodontology, the American Dental Association, and the National Health Service recommended the use of dental floss in health policies. High awareness regarding dental care and the availability of flavored dental floss will drive the growth of the Global Dental Floss Industry in near the future. Increasing sales of dental floss by e-commerce channel is another major trend in the Global Dental Floss Industry.

Global Dental Floss Industry: Overview

Flossing is a key part of oral hygiene which helps to prevent various dental problems. Dental floss is generally available as un-waxed floss, waxed floss, dental tape, polytetrafluoroethylene (PTFE) floss, and super floss. Waxed dental floss is available with an additional coating of wax on the tread or ribbon. Waxed dental flosses compared to un-waxed dental floss a lesser chance of gum injury compared to un-waxed dental flosses. Moreover, dental floss is easily available at online and retail stores which will turn to faster market growth in near the future.

Dental Floss Industry: Region-wise Outlook

In terms of geography, the dental floss market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia-Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America. North America is the most dominating market for the Global Dental Floss Industry due to the high consumption of dental floss in the U.S. market around 50% of demand comes from the U.S. market. North contributes a high revenue share as high awareness regarding oral hygiene and increasing dentist recommendations. Western Europe is expected to contribute the second largest revenue share in the dental floss market due to the rise in disposable income and high demand for new dental care products. The Asia Pacific excluding Japan dental floss market is expected to gain a high growth rate over the forecast period due to changing lifestyles, increasing healthcare spending, and dental care awareness.

Dental Floss Market: Key Market Participants

Examples of some market players participants in the Global Dental Floss Industry identified across the value chain are Procter & Gamble Company, Colgate-Palmolive, Johnson & Johnson, Sunstar Suisse SA, Prestige Consumer (DenTek Oral Care Inc.), DR. Fresh Inc., Lion Corporation (Japan), Church & Dwight Co., Inc., Shantou Oral Health Co. Ltd., and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information for market segments such as geographies, applications, and industries.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition and companies involved
Technology
Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, UK, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (India, China ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Click Here To Buy Your Full Report
https://www.futuremarketinsights.com/checkout/8442

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Dental Floss Market: Segmentation

Based on product type

Waxed Floss
Unwaxed Floss
Others

Based on the end-user

Hospitals
Dental Clinics
Home Care

Report Highlights:

Detailed overview of the 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

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Allergy Diagnostics Market to Reach USD 13060.1 Million by 2034 at a 7.7% of CAGR

The global allergy diagnostics market is set for substantial growth, with sales estimated at approximately USD 6220 million in 2024. According to recent projections, the market is expected to thrive at a Compound Annual Growth Rate (CAGR) of 7.7% through 2034. By the end of the forecast period, the market for allergy diagnostics is anticipated to attain a valuation of USD 13060.1 million.

The growth of the allergy diagnostics market is driven by increasing awareness of allergy-related conditions, advancements in diagnostic technologies, and a growing prevalence of allergic diseases worldwide. The rising demand for accurate and efficient diagnostic solutions is fueling this upward trend.

Request Your Detailed – Report Sample

The study also asserts that growing air pollution and a lack of awareness regarding food and medication allergies in emerging and impoverished countries are pushing industry players to produce cheaply priced allergy diagnostic kits. According to a World Health Organization report, 461,000 people worldwide die from asthma-related causes each year, while over 262 million people suffer from asthma.

The market for allergy diagnostics will rise overall because of the necessity for effective treatment and treating the underlying causes of asthma. During COVID-19, the market for allergy diagnostics expanded moderately. This is the outcome of medical practitioners treating COVID patients instead of immunological therapy due to the epidemic.

Virtual care and restricted visitation approaches were used in cases of patients with severe asthma or other allergic reactions in order to limit human contact and prevent the spread of viruses.

The development of affordable at-home diagnostic tools for food sensitivities and allergies is expected to accelerate market expansion in the years to come. These applications will lighten the workload for hospitals and labs, which will lower the expense of allergy diagnostics and treatment. Given that automated allergy diagnostics is becoming more and more popular in diagnostic laboratories and hospitals due to its high efficacy, it is projected that the market will expand rapidly in the next years. The United States and Canada are anticipated to produce extremely promising chances that would aid in the market’s overall growth.

Customization Available: Here

“Surge in food allergies cases along with increasing incidence of asthma in children will catapult the demand of allergy diagnostics during the forecast period,” says the FMI analyst.

Competitive Landscape

Allergy diagnostics market is highly competitive market owing to presence of global market players. Market players are employing multiple marketing techniques to expand their global outreach.

Allergy diagnostics market players are focusing towards employing organic and inorganic strategies to expand their global foothold.

Inorganic strategies include strategic merger and acquisition and forming an alliance with regional distributors to strengthen their supply chain channels.

They are also emphasizing towards faster product approvals, product development and patenting.

Prominent players operating in the allergy diagnostics market are:

Hitachi Chemical Co. Ltd
Thermo Fisher Scientific Inc.
Siemens Healthineers
Danaher Corporation
HOB Biotech Group Co
bioMérieux
Hycor Biomedical Inc.
Stallergenes Greer
R-Biopharm AG
Lincoln Diagnostics Inc.

Key Segments of Allergy Diagnostic Market Report:

By Product Type:

The market is bifurcated into fungal allergy diagnostic, and neutral lactase enzymes.

By Allergen Type:

Key allergen type present in the industry include inhaled allergens, food allergens, drug allergens, and other allergens.

By Test Type:

The report consists of key test types like in-vivo allergy tests and in-vitro allergy tests.

By End User:

Key end users present in the industry include diagnostic laboratories, hospitals, academic research institutes, and other end users.

By Region:

Analysis of the market has been carried out in key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, and the Middle East and Africa.

Get Full Market Analysis Now: Purchase The Report

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Skin Replacement Market is expected to expand at a compound annual growth rate of 6.4% from 2022 to 2032 | FMI

The global Skin Replacement Market is undergoing a remarkable transformation, fueled by advancements in medical technology and the growing need for effective wound care solutions. According to a recent report by Future Market Insights (FMI), the market is poised to reach a substantial USD 1,202.2 million by 2024, marking a significant increase from the USD 838.0 million valuation in 2018.

In a highly anticipated business report, FMI delves deep into the dynamics of the Global Skin Replacement sector, offering stakeholders an illuminating journey through both historical milestones and contemporary trends. Far surpassing surface-level analysis, the report meticulously dissects crucial factors including production, consumption, volume, and value, providing a comprehensive view of the market’s trajectory.

Request a Sample of this Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-588

Skin Replacement Market: Segmentation

Valuable information covered in FMI’s Global Skin Replacement Industry report has been segregated into key segments and sub-segments.

By Product type

Epicel
Integra

By End use

Chemical
Cosmetic
Pharmaceutical

Skin Replacement Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Skin Replacement market. Competitive information detailed in the Skin Replacement market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Skin Replacement Industry report.

Key players covered in the report include:

Cellular Dynamics International,
Cynata Therapeutics Limited,
Platelet BioGenesis,
Tengion,
TissueGene, Inc.

Request Your Customized Report Now!
https://www.futuremarketinsights.com/customization-available/rep-gb-588

Important Questions Answered in the Skin Replacement Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the Global Skin Replacement Industry been expanding during the forecast period?
How will the Global Skin Replacement Industry look like by the end of the forecast period?
What innovative strategies are Global Skin Replacement Industry players adopting to stay ahead of the pack?
What are the restraints affecting the growth of the Global Skin Replacement Industry?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Skin Replacement market

Buy this Report Now:
https://www.futuremarketinsights.com/checkout/588

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Contact Us:

Injectable Drugs Market is expected to grow at a 5.8% CAGR and reach USD 9,91,631.3 Million by 2034 | FMI Study

The global Injectable Drugs Market is experiencing a rapid ascent, driven by the growing demand for targeted and effective therapies. A recent market analysis projects a significant surge, with the market reaching a staggering USD 991.6 billion by 2034. This marks a substantial increase from the current market value of USD 597.9 billion in 2024. The market is poised for steady growth, with a projected Compound Annual Growth Rate (CAGR) of 5.8% throughout this period.

Advancements in technologies that involve optimization of the devices used for clinical conditions, be it chronic or acute, clinical innovations, bringing in minimally invasive treatments, and evolvement in clinical diagnostics and management in treating high-risk patients, are the key developments within the general healthcare industry.

Click Here to Access Your Visuals-Packed Report!
https://www.futuremarketinsights.com/reports/sample/rep-gb-15073

Demand for related treatments is increasing, as people are now more aware of the right treatment options, doctor-guided plans, and precautionary measures to consider for serious clinical conditions.

Key players in the injectable drugs market are actively seeking to gain approvals from regulatory bodies, and develop products across the continuum of care in severe case recovery. Furthermore, the FDA is expected to approve new devices related to advanced injectable drugs and their administration, over the coming years.

“Increasing incidence of infectious diseases, oncological diseases, cardiac disorders and device innovation are prompting healthcare providers to incorporate new treatment regimens for improved patient outcome,” says an FMI analyst.

Injectable Drugs Market Key Takeaways:

By product, monoclonal antibodies held the largest share of 5% in the global market in 2021.
Based on application, infectious diseases segment held the largest share of 4% in the global market in 2021, with the segment expected to expand at 5.7% CAGR over the forecast period.
In terms of molecule, large molecule segment held the largest share of 8% in the global market in 2021.
By route of administration, sales in the intravenous (IV) segment are expected to increase at a 3% CAGR over the assessment period.
Based on distribution channel, the hospital pharmacies segment was valued at US$ 231.0 Bn in 2021.
North America held the largest share of 5% in the global injectable drugs treatment market in 2021, owing to the growing government investments in healthcare and R&D activities.

Injectable Drugs Market Competitive Landscape

Product launches and collaborations with suppliers that have a strong position and are popular in the market are some of the key strategies of the market players operating in the global injectable drugs market. For instance:

Merck and Gilead Sciences, Inc. (Gilead) signed an agreement in March 2021 to collaborate on the development and commercialization of long-acting HIV treatments that combine Merck’s investigational nucleoside reverse transcriptase translocation inhibitor islatravir and Gilead’s investigational capsid inhibitor lenacapavir.
In March 2022, Sanofi IGM Biosciences, Inc. today announced the signing of an exclusive worldwide collaboration agreement to create, develop, manufacture, and commercialize IgM antibody agonists against three oncology targets and three immunology/inflammation targets. Engineered IgM antibodies represent a new class of potential therapeutics that combine the multi-valency of IgM antibodies possessing 10 binding sites compared to conventional IgG antibodies having only 2 target binding sites.
In February 2022, Novartis India Limited extends access to its medicines in India by signing exclusive sales and distribution agreement with Dr. Reddy’s Laboratories

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the injectable drugs market in its latest study, presenting a historical demand assessment of 2014 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (monoclonal antibodies, immunoglobulin, cytokines, insulin, peptide hormones, blood factors, peptide antibiotics, vaccines, small molecule antibiotics, chemotherapy agents, and others), by application (oncology, infectious diseases, diabetes, blood disorders, hormonal disorders, musculoskeletal disorders, CNS diseases, pain management, and cardiovascular diseases), by molecule type (small molecules and large molecules), by route of administration (intravenous (IV), intramuscular (IM), and subcutaneous (SC)), by distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven key regions of the world.

Injectable Drugs Market Key Players :

Pfizer Inc.
Teva Pharmaceutical Industries Ltd.
Sanofi S.A.
Sun Pharmaceutical Industries Ltd.
AstraZeneca Plc
Merck & Co., Inc.
Viatris + Mylan N.V
Cipla Inc.
Dr. Reddy’s Laboratories Ltd.
Samsung Biologics
Abbott Laboratories
Amgen Incorporated
Baxter International Incorporated
Becton Dickinson and Company
Bristol-Myers Squibb Company
GlaxoSmithKline Plc
Roche Holding Limited

Access Exclusive Market Insights – Purchase Now!
https://www.futuremarketinsights.com/checkout/15073

Key Segments Covered in Injectable Drugs Market Research

By Product:

Monoclonal Antibodies
Immunoglobulin
Cytokines
Insulin
Peptide Hormones
Blood Factors
Peptide Antibiotics
Vaccines
Small Molecule Antibiotics
Chemotherapy Agents
Others

By Application:

Oncology
Infectious Diseases
Diabetes
Blood disorders
Hormonal Disorders
Musculoskeletal Disorders
CNS Diseases
Pain Management
Cardiovascular Diseases

By Molecule Type:

Small Molecules
Large Molecules

By Route of Administration:

Intravenous (IV)
Intramuscular (IM)
Subcutaneous (SC)

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

GCC Medical Glove industry Market Expected to Reach USD 213.7 Million by 2034 at a 2.3% of CAGR

The medical GCC medical glove industry region is set for steady growth, with its value estimated to be approximately USD 170.3 million in 2024, according to the latest industry analysis report. The market is expected to benefit from a growing emphasis on hygiene practices within the healthcare sector, which continues to drive the demand for medical gloves.

The GCC medical glove industry is projected to expand at a moderate Compound Annual Growth Rate (CAGR) of 2.3% over the forecast period. By 2034, the industry’s value is anticipated to reach nearly USD 213.7 million.

Request Your Detailed – Report Sample

This increase is mostly being caused by the GCC healthcare sector’s rising emphasis on maintaining high standards of cleanliness. Medical gloves are necessary to ensure the safety of patients and healthcare providers as well as to halt the spread of infections. Medical gloves are expected to be in demand in the future years due to rising awareness of hygiene standards, which will fuel the market’s growth

The GCC medical glove market is expected to benefit from several factors over the coming years, including:

Growing awareness of hygiene protocols within the healthcare sector
Increasing focus on patient safety
Rise in medical procedures requiring glove use

While the projected growth rate is moderate, the overall market size is expected to expand steadily, reflecting the ongoing importance of medical gloves in the GCC healthcare landscape.

Key Takeaways:

By raw material, the latex material segment is expected to hold 80.2% of the total market share in 2021, expanding at 7.9% CAGR during the forecast period.
Based on product type, the examination gloves segment is projected to command 55.6% of total sales in 2021, expanding at 8.1% CAGR.
By form, the powdered form segment is expected to hold 63.7% of the total market share in 2021, expanding at 8.0% CAGR.
By type of use, sales of disposable gloves are anticipated to hold 90.5% of the total market share 2021, and are to projected to increase at a robust 8.0% CAGR over the forecast period.
By end use, hospitals will account for 67.2% of total sales in 2021.
By distribution channel, the direct selling channel will account for 55.1% of the total market share in 2021.
Kingdom of Saudi Arabia (KSA) is anticipated to hold the largest share of 76.2% of the GCC medical gloves market in 2021.

Competitive Landscape for GCC Medical Glove Industry

The overall industry is currently moderately competitive as there are a few manufacturers operating at scale in different Gulf countries.

Companies operating in the medical gloves industry are aiming to strengthen their position through partnerships, collaborations, mergers & acquisitions, and agreements with established players, and other healthcare institutions. In addition to this, governments in GCC countries are increasing their investments in the expansion of the healthcare sector, which in turn is encouraging the emergence of new regional players.

Customization Available: Here

Recent Developments in the GCC Medical Glove Industry

In January 2021, Medline Industries announced a strategic partnership with the University of California, Davis / UC Davis. Students returning to the campus were provided custom PPE kits to be worn to avoid the spread of the COVID-19 virus. This way awareness and education among the peers were spread to reduce the strain on healthcare professionals.

Kimberly-Clark Corporation introduced the Kimtech Opal Nitrile Gloves in February 2022, with the purpose of guarding against microbiological and chemical splash dangers. These innovative gloves don’t include latex or vulcanizing chemicals, which reduces the possibility of skin responses related to Type I and Type IV allergies

Key Companies Profiled:

Paul Hartmann AG
Hotpack Packaging Industries LLC
Falcon (Falcon Pack)
Deeko Bahrain
Salalah Medical Supplies Mfg. Co. LLC
United Medical Industries
NAFA Enterprises Ltd.
Liberty Industries, Inc.
Ansell Healthcare
Mckesson Corporation
Cardinal Health, Inc.
Medline Indsutries, Inc.
Dynarex Corporation
Top Glove Corporation Berhad
Kimberly-Clark Corporation
Semperit AG Holding

Key Segments Covered by GCC Medical Glove Industry Survey Report:

By Raw Material:

Latex
Nitrile Rubber
Vinyl Rubber
Polyisoprene
Other Materials

By Product Type:

Examination
Surgical
Chemotherapy

By Form:

Powdered form Gloves
Powder-free form Gloves

By Type of Use:

Disposable Gloves
Re-usable Gloves

By End User:

Hospital Use
Clinic Use
Ambulatory Surgery Centre Use
Diagnostic Imaging Centre Use
Rehabilitation Centre Use

By Distribution Channel:

Direct Selling Channel
Medical Store Channel
E-Commerce Channel
Other (Retail Store or Hypermarket) Channel

By Countries:

Kingdom of Saudi Arabia (KSA)
United Arab Emirates (UAE)
Qatar
Bahrain
Oman
Kuwait

Secure Your Market Analysis Now: Purchase Now to Access

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Digital Barometer Market is anticipated to develop at a 3.5% CAGR and reach USD 1.46 Billion by 2032 | FMI Study

The Digital Barometer Market is experiencing a significant upswing, driven by a growing demand for precise weather monitoring and the increasing popularity of outdoor activities. According to recent data, the global market for digital barometers was valued at USD 1.03 billion in 2022 and is projected to reach USD 1.46 billion by 2032, growing at a steady Compound Annual Growth Rate (CAGR) of 3.5%.

Digital Barometers, essential tools for measuring atmospheric pressure, have evolved significantly over the centuries. The contemporary digital barometers, equipped with advanced features, heightened accuracy, and compact designs, represent a technological leap in this age-old instrument.

The versatility and appeal of digital barometers are on the rise, driven by their modern styling, advanced features, precision, durability, and cost-effectiveness. These qualities make digital barometers the preferred choice across various industries, including pharmaceuticals, research laboratories, academic institutions, and more.

Request a Sample of this Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-8520

Apart from laboratories, digital barometers find application in meteorological departments for weather forecasts. Digital barometers can efficiently tell the short-term expected changes in the climate. Modern-day digital barometers are wall-mounted tablet form digital barometers which come with multi-specialties such as temperature, future forecast, time, etc.

Digital barometer display enables easy interpretation of measurements and allows computer storage of the analysis. The electronic format of digital barometers allow multiple scales for precision and sensitivity. Moreover, the digital barometers tracks the atmospheric pressure for every minute.

Global Digital Barometer Industry: Market Dynamics

Maintenance of specific atmospheric conditions are very important in research laboratories and pharmaceutical manufacturing as well as research and laboratory sites. Increasing demand for biotechnology and drug designing propel the growth of research institutes and pharmaceutical companies.

This is considered as an important driver of market. The advancements in technologies fuel the growth of digital barometers in market to develop new innovative product types with additional features and greater sensitivity in compact size with affordability. However, cheaper cost of normal barometers with same functionality make end users to not opt for digital barometers creating a restraint in global expansion of digital barometer markets.

Digital Barometer Market: Overview

Advancement in the technology in digital barometer significantly spur the market of digital barometer. Based on modality, the digital barometer markets is fragmented into hand-held digital barometers, table-top digital barometers and wall-mounted digital barometers.

The hand-held digital barometers are expected to account for the largest revenue share owing to maximum adoption by research laboratories and meteorological departments. However, wall-mounted digital barometers are expected to grow with highest CAGR over the forecast period due to the incorporation of various advance features.

Based on end user, the digital barometer Industry is segmented into pharmaceutical companies, research laboratories, academic research institutes, winery and breweries, oil & gas industries, CMOs, and meteorological department.

Meteorological department and research laboratories are estimated to account for the largest market share in the terms of revenue owing to increasing number of research laboratories and higher adoption by them in the forecast period.

Digital Barometer Market: Region-wise Outlook

In terms of geography, the digital barometer Industry has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America.

North America is the most dominating market and holds the largest revenue share, due to higher presence of research and academic laboratories. Increasing expenditure and funding on biotechnology and research and developmental programs are also a contributor for domination of North America in digital barometer Industry

Europe accounts for the second large revenue share in the global digital barometer Industry, owing to increasing adoption of digital barometers by end users and higher expenditure on research and development. Asia Pacific is expected to witness rapid growth in the Global Digital Barometer Industry, due to advances in technology and establishments of science research groups and laboratories.

China is expected to register significant growth, owing to presence of several local manufacturers. Latin America and Middle East & Africa are projected to exhibit slow growth in the digital barometer Industry owing to limited demand from end users over the forecast years.

Click Here To Buy Your Full Report
https://www.futuremarketinsights.com/checkout/8520

Key Segments Profiled in the Digital Barometer Market Survey

by Modality:

Hand-held Digital Barometer
Table-top Digital Barometer
Wall-mounted Digital Barometer

by End Users:

Digital Barometers for Pharmaceutical Companies
Digital Barometers for Research Laboratories
Digital Barometers for Academic Research Institutes
Digital Barometers for Winery and Breweries
Digital Barometers for Oil & Gas Industries
Digital Barometers for CMOs
Digital Barometers for Meteorological Departments

by Region:

North America Digital Barometer Market
Latin America Digital Barometer Market
Europe Digital Barometer Market
East Asia Digital Barometer Market
South Asia and Pacific Digital Barometer Market
Middle East and Africa Digital Barometer Market

Author

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

FMI Report States Global Portable Buffet and Drop-in Ranges Market Revenue to Exceed USD 1,629.7 Million by 2033, Driving 6.5% CAGR

The global portable buffet and drop-in ranges market is on a growth trajectory, having reached a valuation of USD 868.2 million in 2023. Forecasts suggest a steady CAGR of 6.5% from 2023 to 2033, with an anticipated valuation of USD 1,629.7 million by the end of the forecast period.

The increasing popularity of food preparation and serving machines that offer mobility is driving market growth. These portable solutions provide convenience and flexibility, catering to the evolving needs of customers. Cuisine diversity remains a defining aspect of restaurants worldwide, further contributing to the demand for versatile buffet and drop-in ranges.

Adherence to regulations and standards is paramount in the commercial kitchen equipment industry. Certification from recognized bodies such as Underwriters Laboratories (UL) and the National Sanitation Foundation (NSF) ensures compliance with sanitation and safety requirements. Hence, selecting equipment with proper certification is crucial for maintaining operational integrity in commercial kitchens.

Get Exclusive Sample Copy of the Report:

Growth Drivers:

The market for kitchen appliances is experiencing a surge in demand driven by the growing preference for custom-built kitchens and minimalist designs. Modular layouts and open kitchen concepts, particularly in smart cities, are propelling market growth. Drop-in ranges, integrated seamlessly into kitchen islands and cabinetry, are becoming increasingly popular for their space-saving and aesthetic appeal.

Portable buffet warmers are anticipated to witness heightened demand in the coming years, driven by the need to maintain food quality and temperature. Interactive food stations are emerging as a trend among food enthusiasts, offering diverse culinary experiences. Modern buffets are equipped with portable heating units, providing a wide array of food options while maintaining optimal serving temperatures.

The versatility of portable warmers is a key factor contributing to market expansion. Operators can set up separate warming areas for different types of food, catering to diverse dietary preferences and allergy considerations. As a result, sales in the market are expected to continue rising in response to evolving consumer needs and preferences.

Key Companies

Avantco Equipment
Vollrath
Cadco, Ltd.
Globe Food Equipment Company
APW Wyott
Hatco Corporation
Nemco Food Equipment
Warning Commercial
Adcraft
Fagor Commercial

Buy this Exclusive Report:

Market Segmentation:

Portable Buffet and Drop-in Ranges Market by Type:

Portable Gas Ranges
Electric Buffet Ranges
Drop-In Ranges

Portable Buffet and Drop-in Ranges Market by Distribution Channel:

Commercial
Residential

Portable Buffet and Drop-in Ranges Market by Application:

Online Retailers
Specialty Stores

Portable Buffet and Drop-in Ranges Market by Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Author:

Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

In-Mold Label Market to Reach US$1.5 Billion by 2034, Driven by Growth in Food Industry and Innovative Printing Technologies

The global in-mold label (IML) market is projected to experience steady growth over the next decade, with its value expected to climb from USD 1,133.9 million in 2024 to USD 1,501.8 million by 2034, growing at a compound annual growth rate (CAGR) of 2.8%. According to the latest industry analysis, the revenue generated by in-mold labels in 2023 was USD 1,097.1 million, indicating a year-over-year (Y-o-Y) growth of 3.2% in 2024.

Core Concepts in the In-Mold Labels Industry

Future Growth: The global in-mold labels industry is expected to grow at a CAGR of 2.8% between 2024 and 2034.
2023 Market Value: In 2023, the global in-mold labels industry was valued at USD 1,097.1 million.
2034 Market Projection: By the end of 2034, the industry’s worth is anticipated to reach USD 1,501.8 million.
Highest Growth Region: The Asia Pacific region, excluding Japan, is projected to showcase the highest CAGR of 4.3% during the forecast period.
Key Manufacturers: Leading manufacturers in the global in-mold labels industry include CCL Industries Inc., Multicolor Corporation, and Constantia Flexibles Group GmbH.
Regional Demand Surge: The increasing demand for in-mold labels in emerging markets of the Asia Pacific region is driving the industry’s growth.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-2621

Key Market Insights:

Dominance of Injection Molding: Injection molding holds a significant share of the IML industry, commanding 70% of the market. This segment is expected to expand at a CAGR of 3.0% throughout the forecast period.
Material Preference: Polypropylene is widely used in the manufacturing of in-mold labels, anticipated to generate revenue worth USD 1,185.9 million by 2034.
Printing Techniques: Offset printing leads the market in the IML sector, projected to create an incremental opportunity of USD 190.7 million during the assessment period. Digital printing, however, is emerging as a popular choice due to its suitability for low-volume label printing and the capability of variable data printing.
Sectoral Demand: The food industry remains a prominent consumer of in-mold labels, capturing half of the value share. This segment is set to expand by 1.3 times its current market value by 2034, creating an incremental opportunity of USD 404.7 million

“Surging demand for product identification labels and attractive packaging is estimated to drive the demand for in-mold labels over the forecast period,” says an analyst at FMI.

Growth Drivers:

Visually Appealing Packaging: The growing demand for visually appealing packaging is significantly contributing to the growth of in-mold labels. The “no-label” look and multi-colored prints on consumer products make IML an attractive branding tool for businesses.
Digitalization in Label Printing: The rise of digitalization in the label printing process allows for faster product turnaround rates, shorter print runs, and better flexibility in label design. This trend is driving market growth as businesses seek to optimize their label printing processes and improve efficiency.
Digital Printing: Digital printing for in-mold labels is being widely accepted by label printing companies. While offset printing holds a significant share due to its low cost for high-volume labels, digital printing is most suitable for small-volume label printers, providing economic printing even for very low volumes.

Request For Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-2621

Regional Insights:

The in-mold label industry analysis highlights significant growth prospects across various global regions. In North America, the United States is poised to dominate with an 87.6% market share by 2034, emphasizing robust demand. Meanwhile, Asia Pacific, led by China, anticipates a steady 3.7% CAGR, reflecting expanding market opportunities. Key countries like Canada, Brazil, Germany, Poland, India, Japan, and GCC nations also show promising growth rates, ranging from 1.4% to 4.9% CAGR through 2034. Notably, Mexico’s pharmaceutical sector emerges as a key driver, with projections indicating substantial market expansion, supported by rising healthcare expenditures and pharmaceutical sales expected to reach USD 13 billion by 2028.

Europe is expected to dominate the market while growing with a CAGR of 3.4% during the forecast period.
The market in India is projected to witness a promising CAGR of 6.1% during the forecast period.
China is expected to grow at a 5.4% CAGR during the forecast period.
By material, polypropylene is projected to lead the segment and is estimated to grow with a CAGR of 6.8% during the forecast period.
By end-use, the food segment is expected to lead the market. It is expected to grow with a CAGR of 6.4% throughout the forecast period.

Competitive Landscape:

The in-mold labels market is extremely competitive and consists of various key industry players. These players are heavily investing in manufacturing in-mold labels.

The key industry players are CCL Industries Inc., Constantia Flexibles Group GmbH, Coveris Holding S.A, Avery Dennison Corp., Multicolor Corporation, Fuji Seal International Inc., Tasus Corporation, Canyon Graphics Inc., Huhtamaki Oyj, Korsini Ambalaj San. Tic. A.S., Walle Corporation, Duratech Industries Inc., Admark Visual Imaging Limited, Aspasie Inc., General Press Corporation.

In-mold Labels Market Landscape

CCL Industries Inc.,
Constantia Flexibles Group GmbH,
Coveris Holdings S.A.,
Avery Dennison Corp.,
Multicolor Corporation,
Fuji Seal International Inc.,
Huhtamaki Oyj,
Korsini Ambalaj San Tic. A.S.,
Walle Corporation,
Duratech Industries Inc.,
Tasus Corporation, Canyon Graphics Inc.,
Admark Visual Imaging Limited,
Aspasie Inc.,
General Press Corporation,
John Herrod & Associates Pty Ltd.,
Serigraph Inc.,

Purchase Now to Access Segment-specific Information and uncover Key Trends, Drivers, and Challenges: https://www.futuremarketinsights.com/checkout/2621

In-mold Labels Market by Category

By Process:

Blow Molding
Injection Molding
Thermoforming

By Material:

Polypropylene (PP)
Polyethylene terephthalate (PET)
Polystyrene (PS)
Polyethylene (PE)
Barrier
Paper & Others

By Printing Method:

Gravure
Flexo
Offset
Screen
Digital
Others

By End-use:

Food
Beverage
Pharmaceuticals
Domestic Care
Personal Care & Cosmetics
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Small Bowel Enteroscopes Market is anticipated to reach USD 500 Million by 2032 at a CAGR of 8–9% | FMI Study

The field of minimally invasive procedures is seeing a major boost with the growth of the Small Bowel Enteroscopes Market. A recent report predicts a robust Compound Annual Growth Rate (CAGR) of 8% to 9% from 2022 to 2032, with the market projected to reach a substantial USD 500 million by 2032.

Future Market Insights’ in-depth research of the business models and crucial tactics market players use provides a deep dive into the dynamics of the Small Bowel Enteroscopes Industry. Moreover, the report provides a holistic overview of market shares held by prominent players, offering valuable insights for industry professionals, investors, and stakeholders.

Request a Sample Copy of This Report Now Use Work Email To Get Quick Reply.
https://www.futuremarketinsights.com/reports/sample/rep-gb-9579

Small Bowel Enteroscopes Market Insights

Enteroscopy is an endoscopic examination of the small intestine. Enteroscopy is a widely used procedure for the examination of small bowel. Double-balloon enteroscopy is the first kind of balloon-assisted endoscopy used for the examination of small bowel. After that, single-balloon enteroscopy was introduced as an alternative to the balloon-assisted method. With technological advancement, small bowel enteroscopes are being introduced into the market.

Small bowel enteroscopes help the physician to navigate the entire small bowel from either a rectal or oral approach and enable the physicians to perform both therapeutic and diagnostic techniques within the small bowel. A small bowel enteroscope uses an endoscope which when inflated by air expands the small intestine to help the camera get a close view of the sections. With the help of small bowel enteroscopes, gastrointestinal bleeding can be identified. According to one journal, more than 250,000 hospitalizations were recorded annually in the US in 2018 due to gastrointestinal haemorrhage. With an increasing number of cases, small bowel enteroscopes are likely to spur the market.

Small Bowel Enteroscopes Market Dynamics

Small bowel enteroscopes have increased market potential because, unlike other procedures, they can produce high-quality images of the whole gut. Small intestine enteroscopy delivers interventional and visualization therapy throughout the small bowel, and as a result, the adoption rate is projected to rise in the coming years, increasing the market for small bowel enteroscopy.

In addition to this, the increasing prevalence of gastrointestinal bleeding in patients also contributes to the high adoption of small bowel enteroscopes in diagnostics laboratories and hospitals which will spur the growth of the market. Moreover increasing disposable income in developing economies will also contribute to increasing the market of small bowel enteroscopes. However, certain limitations may restrain the growth of the market. The small bowel enteroscopes require skilled professionals to perform the examination so lack of professionals may hamper the growth of the market. In addition to this, small bowel enteroscopes require prolonged time to perform the examination so medical professionals may choose to opt for other examinations. Moreover, the cost is another important factor which again may hinder the growth of the market.

Small Bowel Enteroscopes Market Overview

The small bowel endoscopes market is expected to register significant growth in the market. Small bowel enteroscopy has become a key component in the evaluation and examination of the gastrointestinal tract. Small bowel enteroscopes have been accepted for a wide variety of indications. Manufacturers are currently conducting multiple clinical trials related to other indications with the help of small bowel enteroscopes. Some of the indications that are currently under investigation are Crohn’s disease, Refractory celiac disease, Small bowel obstruction etc. Thus with the advancement in technologies, the global small bowel enteroscopes is likely to anticipate growth in the market.

Small Bowel Enteroscopes Market: Region-wise Outlook

Based on geography, the global small bowel endoscopes market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan, Japan and the Middle East & Africa.

North America is likely to manifest significant growth in the small bowel endoscopes market due to advanced healthcare infrastructure and increase in healthcare expenditure is having a high impact in the overall market.

Global Growth Prospects of Small Bowel Enteroscopes Market:

Europe market protrudes to have high growth in the market due to the increasing burden of gastrointestinal bleeding and rising costs in healthcare Asia Pacific is also has the potential to stimulate the growth of the small bowel endoscopes market due to high demand for new treatment options and increasing awareness in new technologies seems to drive the small bowel enteroscopy market.

Japan has the potential to grow the overall small bowel enteroscopes market due to advancements in technology and an increase in gastrointestinal diseases. Middle East & Africa have less impact on the overall small bowel endoscopes market due to lack of healthcare infrastructure and low healthcare expenditure may thrive the market.

Small Bowel Enteroscopes Market Key Players

Some of the key players present across the value chain of the global small bowel endoscopes market are Pentax Medical, Olympus Corporation, FUJIFILM Holdings America Corporation.

The report covers an exhaustive analysis on:

Segments
Markets Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain

The regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The reports provide an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. This also maps the qualitative impact of various market factors on market segments and geographies.

Access Exclusive Market Insights – Purchase Now!
https://www.futuremarketinsights.com/checkout/9579

Small Bowel Enteroscopes Market: Segmentation

Indication and end-user segment the global small bowel endoscopes market.

The segmentation by indication includes:

Obscure gastrointestinal bleeding
Small bowel tumours
Polyposis syndromes
Dilation of small bowel stenosis

Segmentation by End User

Similarly, the segmentation by end-user comprises:

Hospitals
Clinics
Diagnostics Laboratories
Others

Report Highlights:

In light of the comprehensive analysis, the report showcases:

Detailed overview of the 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, along with geographical regions exhibiting promising growth
A neutral perspective on market performance

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Contact Us:

Global Commercial Electric Restaurant Ranges Market Revenue Share to Cross USD 76.8 Billion by 2033, Driven by 5.6% CAGR Growth

The commercial electric restaurant ranges market is witnessing significant momentum, with an anticipated valuation of USD 44.5 billion in 2023. Fueled by ongoing economic expansion and a surge in disposable incomes globally, the market is poised to maintain a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033, ultimately reaching an impressive USD 76.8 billion by 2033.

A key catalyst for this growth within the commercial electric restaurant ranges market is the heightened emphasis on energy efficiency. With rising energy costs and growing concerns regarding environmental sustainability, there is a notable demand for energy-efficient solutions, positioning electric ranges as standout performers across various fronts compared to their gas counterparts. In the dynamic culinary landscape, the commercial electric restaurant ranges market emerges as a beacon of both culinary excellence and sustainability, shaping a compelling narrative for success in the evolving realm of food-service innovation.

Discover Actionable Insights – Request Your Sample Report Now!

The increasing demand for energy-efficient and eco-friendly kitchen appliances is one of the primary factors driving the growth of the commercial electric restaurant ranges market. Commercial kitchens are looking for appliances that can help them reduce their energy consumption and environmental footprint as energy costs rise and there is a growing awareness of the need to reduce carbon emissions. Electric ranges are an excellent choice because they use less energy than gas ranges and do not emit harmful pollutants.

Another factor driving market growth is the growing popularity of electric cooking. As more people adopt plant-based and healthier diets, they are looking for cooking methods that are both healthy and sustainable. Cooking vegetables and other plant-based foods requires precise temperature control, which electric cooking provides. Furthermore, electric ranges do not emit the same amount of heat and smoke as gas ranges, making them a safer and more comfortable option for the kitchen.

Additionally, the rise of the foodservice industry is also driving the growth of the commercial electric restaurant ranges market. As more restaurants, cafes, and other foodservice businesses open up, the demand for commercial kitchen appliances is increasing. Commercial electric ranges are becoming more popular as they offer better control over temperature and provide consistent cooking results. Additionally, electric ranges are easier to clean and maintain, which is essential in a busy commercial kitchen.

Key Takeaways from the Market Study:

Global commercial electric restaurant ranges market was valued at USD 42.1 Billion by 2022-end
From 2017 to 2022, the market demand expanded at a CAGR of 3.3%
The United States is expected to hold the highest market share of 33.4% during the forecast period.
The Indian market is anticipated to witness a market share of 6.3%
From 2023 to 2033, commercial electric restaurant ranges services are expected to flourish at a CAGR of 5.6%.
By 2033, the market value of commercial electric restaurant ranges is expected to reach USD 76.8 Billion.
By Type, the Commercial Electric Ranges with Standard Oven segment is expected to constitute a CAGR of 5.4% in 2033.
On the basis of Application, the Full-Service Restaurants segment is expected to dominate the market with a CAGR of 5.3% in 2033.

“The increasing focus on food safety & hygiene, as well as surging technological advancements in the commercial electric restaurant ranges are the major factors that are anticipated to boost the market growth in the near future,” remarks an FMI analyst.

Invest In Premium Knowledge – Purchase Your Report Now!

Key Players:

Alto-Shaam, Inc.
Vulcan
Garland Group
Blue Seal Limited
Lang World
Rational AG
Blodgett
Electrolux AB
MKN Maschinenfabrik Kurt Neubauer GmbH & Co. KG
Falcon Foodservice Equipment
Stove Systems Pty Ltd
G.S. BLODGETT CORPORATION
Moffat Group Pty Ltd
American Range Corporation
Garland Commercial Industries LLC
Southbend
Montague Company

Key Segments Covered:

Commercial Electric Restaurant Ranges Market by Type:

Commercial Electric Ranges with Standard Oven
Commercial Electric Ranges without Standard Oven

Commercial Electric Restaurant Ranges Market by Power Rating:

208V
240V
480V

Commercial Electric Restaurant Ranges Market by Application:

Quick Service Restaurants
Full-Service Restaurants
Hotels
Other Food Services

Commercial Electric Restaurant Ranges Market by Region:

North America
Europe
Europe
Latin America
Middle East & Africa

Author:

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube