Educational Tourism Market Expected to Grow at a CAGR of 16.5% During 2021-2031

Future Market Insights (FMI) in its latest analysis has projected the global educational tourism market to exhibit a year-on-year (YoY) growth of 16.5% in 2021, surpassing a valuation of around US$ 399.8 Bn by 2021 end.

With rapid growth of educational tourism across the globe, the market is set to register an impressive compound annual growth rate (CAGR) of 17.2% between 2021 and 2031, reaching a valuation of around US$ 1,947.0 Bn by 2031 end.

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Growing awareness among people, rising disposable income, supportive governmental policies, and development of efficient teaching aids, and improving accessibility to various educational courses with scholarships are some of the factors driving the educational tourism market?

Various countries across the world are promoting educational tourism as a part of their strategy to boost the local economy. These host countries benefit from international student expenditures on accommodation, food and beverages, tuition fees, taxes and other leisure activities.

Latest technologies such as artificial intelligence (AI) and virtual reality (AR) are being implemented in teaching and learning processes, which will eventually attract students from around the world.

Educational tourism will not only benefit the host country but will foster personal and professional growth for students allowing them to take advantage of cultural exchange. Key players in the market are introducing attractive packages to woo students. Digital marketing plays a vital role in promoting the services and packages offered by various educational institutions and other companies.

According to FMI, the post graduate segment with over 71% market share will remain the most preferred education type among students. Regionally, North America leads the educational tourism market. The region is expected to account for over 31% of the global market share during the forecast period.

“Growing interest among students to opt for higher education in foreign countries and implementation of favorable policies inviting students from around the world will drive the market swiftly during the forecast period,” says the FMI analyst.

Key Takeaways from Educational Tourism Market Survey

  • The U.S. dominates the educational tourism market in North America. This can be attributed to the presence of leading educational institutions and the excellent educational facilities available in the country.
  • Owing to the availability of flexible education system, the U.K is emerging as an attractive destination for students.
  • Growing interest of foreigners to study Indian culture and the availability of various post-graduation courses with special scholarship programs for foreigners are some of the factors driving the market in India.
  • In terms of course type, master’s degree (M.A) remains the most preferred, accounting for around 71% of the global market share.
  • Based on age group, 19-25 segment leads the educational tourism market. As per FMI, the segment generates around 73% revenue for global educational tourism market.

Key Drivers

  • Government initiatives undertaken to boost country as a destination for educational tourism will positively impact the market growth.
  • Introduction of advanced teaching aids and various scholarship programs to attract international students will drive the market swiftly in the future.

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Key Restraints

  • High cost associated with educational tourism is hampering the growth of the market.
  • COVID-19 pandemic negatively impacted the educational tourism market as a majority of educational institutions remained closed during extended period of lockdown.

Competitive Landscape

Key players operating in the educational tourism market are adopting various growth strategies to stay relevant in the market. They are adopting virtual and online approach to connect with potential pupil.

  • In September 2020, Road Scholar launched virtual world of learning. Using a videoconferencing tool, Road Scholar’s day-long and multi-day online programs reflect a typical Road Scholar experience with expert-led lecturers, virtual field trips, discussions and even social time, so participants can connect with their peers throughout the U.S. and beyond.
  • Similarly, GVI Company offers virtual internship program and online classes.

More Insights on the Global Educational Tourism Sales Outlook

FMI provides an unbiased analysis of educational tourism 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 educational tourism with a detailed segmentation on the basis of:

Age Group (% of Demand):

  • Less Than 12 Years
  • 13-18 Years
  • 19-25 Years
  • 26-40 Years
  • 41-55 Years

 Education Type (% of Demand):

  • Primary
  • Secondary
  • College
  • Post Graduate

Type of Occupation (% of Demand):

  • Students
  • Scholar
  • Teachers
  • Government Officials
  • Corporation Managers
  • Enterprise Owners
  • Workers
  • Others

Course Type (% of Demand):

  • Master Degree
  • Secondary Education
  • Primary Education

 Region (% of Demand):

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

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Key Questions Covered in the Educational Tourism Sales Outlook Report

  • The report offers insight into educational tourism demand outlook for 2021-2031
  • The market study also highlights projected sales growth for Educational Tourism market between 2021 and 2031
  • Educational tourism 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
  • Educational tourism 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

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Medical Tourism Market : Future Market Insights (FMI), an ESOMAR-certified market research and consulting firm offers executive-level blueprint of the market. The report carefully examines growth opportunities for medical tourism around the world. In also evaluates the impact of strategies adopted by the leading players on the market.

Agritourism Market : During a coronavirus pandemic outbreak, Travel and tourism industry is completely shut and as a result the agritourism industry is facing a decline. The COVID-19 Outbreak resulted in lockdown situation in various countries across the globe which has impacted every industry in the market. As the COVID-19 protocols include social distancing and the farms that features agritourism need to follow certain guidelines.

Nutmeg Oil Market is Estimated Drive the Industry Growth Across World in Coming Year

The global sales of nutmeg oil are expected to witness progressive growth over the forecast period. There is persistent rising demand for nutmeg oil in cosmetics and pharmaceuticals industry globally which is likely to boost the nutmeg oil market in the assessment period.

Demand for Nutmeg Oils

Nutmeg oil is widely used in aromatherapy, traditional medicine, and the perfume industry. Nutmeg contains rich in antioxidants due to the presence of phenolic compounds.

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These antioxidants can protect your cells from damage caused by the free radicals. Nutmeg oil can reduce inflammation compounds in your body due to the presence of myristicin compounds, terpene hydrocarbons, phenylpropane.

Due to the properties of the plethora of therapeutic nutmeg is used in traditional medicine.

It also aids in the regulation of menstrual cycles, female hormones, lung issues, and the common cold. Nutmeg oil improves sexual performances in both women and men.

Nutmeg oil is used to prevent dark spots, skin woes, uneven skin tone. The health benefits are the key driving factors for the driving demand for nutmeg oil.

Europe Demand Outlook for Nutmeg Oil Market

Because nutmeg oil contains antibacterial, fungicidal, and insecticidal properties, it is commonly used to preserve food in Europe.

Nutmeg oil is incorporated into the European lifestyle by adding in wine and used as a fragrance. Nutmeg oil is used as an ingredient in cough syrup and toothpaste in European countries.

These are the key factors for the driving demand for nutmeg oil in the European region.

Nutmeg Oil Market: Key Players

Some key manufacturers functioning in business in nutmeg oil market includes

  • Green Health
  • Sun Essential Oils
  • Pure Body Naturals
  • Healing Solutions
  • LorAnn Oils
  • Now, Plant Therapy
  • Guru Nanda
  • Artizen
  • Young Living, and many others.

Nutmeg Oil Market 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

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Nutmeg Oil Market: Market Segmentation

Based on Application:

  • Pharmaceuticals
  • Cosmetics
  • Personal Care
  • Food Products
  • Chemical Industry

Based on Distribution Channel:

  • Supermarket
  • Convivence Stores
  • Online Retail
  • Pharmaceutical stores

Based on Type:

  • Liquid
  • Capsules

Based on the Region:

  • North America
    •  U.S. and Canada
  • Latin America
    • Mexico, Brazil, Peru, Chile, and others
  • Western Europe
    • Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
  • Eastern Europe
    • Poland and Russia
  • Asia Pacific
    • China, India, Japan, ASEAN, Australia, and New Zealand
  • The Middle East and Africa
    •  GCC, Southern Africa, and North Africa

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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.

Multi Nutritional Supplement Market Exhibits a Stunning Growth Potentials

With the increasing growth of the health & wellness trend and consumers’ awareness about the necessity of adding diverse nutrients in diets, the demand for multi-nutritional supplements as well as dietary supplements has increased significantly in the past few years. Over-the-counter dietary supplements and multi-nutritional supplements are becoming a big business with a mounting number of consumers relying on these nutraceuticals for satisfying their daily dietary needs.To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-969

Consumers are becoming aware about the importance of antioxidants, vitamins, and other nutrients, and it is directly influencing the sales of multi-nutritional supplements. In addition, with the increasing global prevalence of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes, consumers are likely to depend on external nutritional supply to meet their dietary needs. Increasing dependency of consumers on multi-nutritional supplements for weight loss and obesity management will further bolster their demand in the coming years.

Consumers are preferring to consume multi-nutritional supplements instead of resorting to two or more than two dietary supplements to get the essential nutrients. This is expected to support the growth of the multi-nutritional supplements market in the coming years. Leading players in the multi-nutritional supplements are introducing products with health benefiting ingredients such as vitamin D ingredientsvitamin C ingredients, and natural antioxidants. By boosting research & development in the discovery of innovative and more health-benefitting ingredients, stakeholders are aiming to gain a competitive edge in the multi-nutritional supplements market.

Multi-nutritional Supplements Market – Competitive Landscape

Key stakeholders in the multi-nutritional supplements market Amway, Nature’s Bounty, Inc., Rexall Sundown, Inc., Puritan’s Pride, Inc., Osteo Bi-Flex, among the many others. Some of the notable developments in the competitive landscape of the multi-nutritional supplements market include:

  • In April 2019, Healthycell – a leading innovator of nutritional microgels – announced the launch of the next generation of its multi-nutritional supplements – BIOACTIVE GEL™ supplements, which are manufactured using its patent-pending microgel technology to maximize the absorption of micronutrients in a pill-free delivery system. The company also announced that its new product includes a broad spectrum of essential micronutrients such as vitamins and minerals in a pill-free, efficient, and a great-tasting format.
  • In March 2019, Persona™ nutrition – a leading personalized vitamin program – announced that its personalized nutrition subscription system will now make available its 11 new multi-nutritional supplements along with its other 80 vitamin supplements. The latest supplements were announced to include an innovative combination of products that can help consumers to cut down on the number of capsules they consume each day, along with new vegan multi-nutritional supplements in the form of softgels, as well as a specialized nutrition program for bariatric patients.
  • In December 2018, Pillsy – a startup and a smart pill bottle cap manufacturing company – announced that it is launching its subsidiary that can offer multi-nutritional supplement subscription services by pairing the adherence technology. At this stage, the company is offering three different combinations of multi-nutritional supplements viz. an Omega 3 blend, a multivitamin blend, and a probiotic blend, while offering a technology-enabled service to assist consumers in managing their nutritional intake.

Factors Influencing Growth of the Multi-nutritional Supplements Market

Ever-growing Demand for Nutrition Supplements among Elderly Consumers

The consumption of multi-nutritional supplements is expected to remain significantly high across the geriatric population. A 2017 survey including 3,500 American adults aged 60 and older was published in The Journal of Nutrition, and it found that almost three-fourth of the participants consumed a daily multi-nutritional supplement (either individual vitamin or mineral or a multivitamin supplement), more than half of the participants said that they take one or two supplements, and more than one-fourth of the participants take four or more supplements. Taking into consideration this trend, leading players in the multi-nutritional supplements market are expected to focus on introducing older adults health supplements in the coming years, to improve their sales.

Studies Creating Ambiguity about the Health Benefits of Multi-nutritional Supplements

While the number of consumers relying on dietary, probiotic supplements, as well as multi-nutritional supplements is increasing at a rapid pace, some recent studies suggest that these supplements may not be entirely effective in improving health. A survey included over 27,000 American adults aged 20 or older suggests that dietary supplements or multi-nutritional supplements fail to offer the same health benefits as natural fruits and vegetables ingredients do.

Another study performed on over 30,000 American adults finds that multi-nutritional supplement are not only ineffective in improving health of consumers but also carry the risk of posing harm to their health. Such studies are creating an ambiguity about the effectiveness of multi-nutritional supplements on consumer health and potentially hazards of consuming them. This may negatively impact the growth of the multi-nutritional supplements market.

Multi-nutritional Supplements witness High Demand in Sports Nutrition Industry

High consumption of food supplements and multi-nutritional supplements among consumers aged 60 or more is expected to make them the primary target consumer base for stakeholders in the multi-nutritional supplements market. However, leading market players are also entering the sports food market and fitness nutrition industry, by introducing product with innovative ingredients for muscle building, to explore the profitable sales opportunities for multi-nutritional supplements in this industrial scenario.

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Health- and fitness-conscious consumers are showing proclivity towards relying on multi-nutritional supplements for improving strength, endurance, and athletic performance. In the sports nutrition industry, multi-nutritional supplements in the form of tablets, capsules, powders, bars, and liquids are gaining immense popularity. Thereby, leading players are expected to introduce multi-nutritional supplements for professional sportspersons and athletes to further boost their product sales in the coming years.

The Rise of Multi-nutritional Supplement Subscription Services Bring in New Trends

While the multi-nutritional supplements market is witnessing incremental growth worldwide, consumers’ need to maintain adherence to their nutritional program is triggering the rise of new market trends. A mounting number of leading players as well as new entrants in the multi-nutritional supplements market are introducing supplement subscription services integrated with advanced technologies to offer consumers more convenience at maintaining their daily nutritional intake. Introducing subscription services that can offer more personalised recommendations about sustainable and high-quality multi-nutritional supplements is expected to emerge as a winning strategy for stakeholders in the coming future.

The research report presents a comprehensive assessment of the multi-nutritional supplements 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 multi-nutritional supplements market is broadly segmented according to the ingredient type, application, and region.

The report covers exhaustive analysis on:

  • Multi-nutritional Supplements Market Segments
  • Multi-nutritional Supplements Market Dynamics
  • Multi-nutritional Supplements Market Size
  • Multi-nutritional Supplements Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Multi-nutritional Supplements Market
  • Competition Landscape and Emerging Market Participants in Multi-nutritional Supplements Market
  • Technology related to Production/Processing of Multi-nutritional Supplements
  • Value Chain Analysis of the Multi-nutritional Supplements Market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic 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.

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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments for yorker spouts market
  • Competitive landscape for yorker spouts market
  • Strategies for 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

Global HDPE Bottles Market Is Valued At USD 55.8 Billion In 2022 And Is Expected To Reach USD 67.2 Billion By 2028

High density polyethylene (HDPE), one of the most durable and versatile forms of thermoplastics, is gradually gaining the title of a preferred packaging material at a sluggish pace. While the top sought attributes of HDPE include high strength-to-density ratio, weatherproof nature, chemical resistance, lightweight characteristics, and economical price point, it more importantly meets the FDA and USDA standards that are mandatory especially in case of the use of HDPE bottles in food and beverages sector.

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Projected to cross the US$ 50 billion mark in 2019, the global revenue of HDPE bottles landscape is likely to expand gradually year on year. As explained in a new research study presented by Future Market Insights, the global HDPE bottles market will demonstrate passive growth over the next few years; however, increasing inclination towards adoption of HDPE as a raw material over conventional thermoplastics is likely to be witnessed.

High Recyclability Accounts for Growing Popularity of HDPE Bottles

Low quantity chemicals as well as drugs used for household or OTC applications are generally packaged in HDPE bottles. A widely preferred container for chemical products, HDPE bottles are highly recyclable. As the recycling process is relatively less complicated and more efficient, packaging manufacturers are gradually inclining towards HDPE as a raw material for packaging a range of products. Being one of the most considerate and least permeable packaging formats, HDPE bottles are likely to find widening applicability in packaging.

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Asia Pacific Secures the HDPE Production Hub Title for Manufacturers of HDPE Bottles

Asia Pacific, especially China, has been contributing significantly to the global HDPE production capacity over the years and according to FMI’s study, APAC remains a significant HDPE producer in the near future. North America and Europe also stand important in sustaining the HDPE production scenario, whereas the report indicates promising performance of the Middle Eastern & African region.

HDPE Bottles Find Growing Applications in Personal & Home Care Products and Cosmetics

HDPE bottles are prominently used in the F&B, automotive, personal care & hygiene, and household care segments. Besides F&B, pharmaceuticals also register a decent rate of adoption of HDPE bottles owing to being reliable in terms of safety of packaged food and beverage products. The study points to dramatically growing per capita expenditure on personal care and beauty products worldwide, especially in developing economies. Escalating sales of bath and shower products, dermatological products, and essential toiletries are translating into increasing volume sales of HDPE bottles.

Globally, over 100,000 HDPE bottles are expected to be sold by this year’s end. Growing consumer spending power is playing a vital role in popularizing the usage of HDPE bottles among packaging companies serving the personal care and cosmetics industry. Moreover, the widening expanse of Ecommerce is encouraging demand for HDPE bottles for a plethora of products across industries.

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Is Recycled HDPE the Sustainable Solution to Cost Optimization?

With an emerging alternative of recycled HDPE bottles, manufacturers are striving to reduce dependency on the prices of raw materials. While high raw material cost has been a longstanding factor suppressing wide adoption of HDPE bottles for packaging, manufacturers are gradually opting for the usage of recycled HDPE material for manufacturing HDPE bottles. Unilever recently launched recycled HDPE bottles of a few recognized Australian brands selling personal and home care products, in ANZ. The brands involved are Dove, Sunsilk, Surf, OMO, and TRESemmé.

Uncoated Fine Paper Market Huge Growth Opportunity between 2021-2031

Uncoated fine paper is commonly known as wood-free paper. Uncoated fine paper is office paper or professional printing paper that is manufactured from chemical pulp. The content of mechanical pulp in uncoated fine paper is below 10%. Uncoated fine paper has a non-glare surface which is much appropriate for reading and writing. The increase in demand for printing paper due to the expansion of businesses across the world is boosting the uncoated fine paper market. Uncoated fine paper is light in weight and is used in books and dictionaries.

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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Uncoated Fine Paper market is expected to grow at a healthy CAGR during the forecast period . The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Uncoated Fine Paper Market in the coming 10-years.

Key players covered in the report include:
• Valentis Nanotech
• DuPont USA
• Nanocor, (AMCOL International)
• Inmat
• Bayer AG
• Ecosysthetix
• Mitsubishi Gas Chemical Company, Inc.
• Honeywell International Inc.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Food Packaging Equipment

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Uncoated Fine Paper market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Uncoated Fine Paper Demand Analysis by Category
On the basis of packaging type, the Uncoated Fine Paper market has been segmented as:
• Active
• Improved
• Smart/Intelligent

On the basis of material type used, the Uncoated Fine Paper market has been segmented as:
• Titanium Nitride Nanoparticle
• Silver Nanoparticle
• Nano-Zinc Oxide

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Key Uncoated Fine Paper Market Takeaways and Projections :
• The U.S. is expected to lead the North America Uncoated Fine Paper market, projecting the fastest growth in the region in forecasting period
• Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
• India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

Report Benefits & Key Questions Answered :
• Uncoated Fine Paper Historical Market Analysis: The detailed survey by FMI, examines key factors in the Uncoated Fine Paper market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Uncoated Fine Paper market for the forecast period
• Uncoated Fine Paper Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Uncoated Fine Paper market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
• Uncoated Fine Paper Market Trend Analysis: The latest study by FMI on the Uncoated Fine Paper market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

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Uncoated Fine Paper Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Uncoated Fine Paper market. Competitive information detailed in the Uncoated Fine Paper 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 Uncoated Fine Paper market report.

Dairy Flavors Market Competitive Growth Strategies Based on Type, Applications, End User and Region

As consumer preference for flavors has amplified over past half a decade, manufacturer and suppliers of dairy products to optimize their product offerings in sync with the consumer demand. Flavour is one of the high growth segment in overall food ingredients market, and preference for dairy flavours by consumers coupled with willingness of manufacturers to capitalize the opportunity in this niche business translated into the increased demand dairy flavours across the globe.

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The phenomenon is very prominent in developed markets, particularly in Europe, where in 2019 out of every seven new beverage product launch – one was labelled as dairy.

Manufacturers experienced increased sales of existing product, labelled as natural or organic, and consequently introduced new product ranges with natural or organic ingredients including flavours to respective markets.

Since, applications of dairy flavours has been creating value for manufacturers, plus number of companies engaged in dairy business are anticipated to launch products with similar ingredient over the next five years.

In addition, manufacturers are likely to market their products with lactose-free and cholesterol-free labels, thus attracting existing and targeting new customers. This will result into an increased demand for dairy food products, which in turn is likely to create the positive market conditions for dairy flavours.

Mounting Attractiveness of Dairy Flavors in Snacks Industry Propelling Market Growth

Dairy flavours have significant raw material in demand for products in the U.S. market. U.S. snacks market is expected to grow at a substantial growth rate over the forecast period.

The United States have relatively high opportunity for dairy flavours market, attributed high demand for dairy flavours in snacks, bakery, and dairy products as well as in alcoholic beverages.

Consumers in U.S., eat snacks four to five times a day at an average, whereas consumers in global market eat snacks three times a day. This creates a potential segment for the dairy flavour in snacks segment in the North America. Owing to increased adoption of Japanese trend to use dairy flavours in the various food products as well as in beverages along with other flavours such as fruit flavours and caramel flavours.

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New Products Development through Research and Development Boosting Dairy Flavours Demand

Consumer taste and preferences changes by the time, hence leading companies are driving the dairy flavors market growth by introducing innovative flavors. These manufacturers have been continuously investing huge amounts in research and development activities in order to cater to the evolving needs of customers seeking authentic flavoured food.

  • In 2016, Givaudan S.A. made an investment of US$ 126 Mn to open an innovation centre in Switzerland.
  • Firmenich SA invested 10% of its annual revenue in research and development and filed 30 new patent applications.

Global Dairy Flavors: Key Players

Some of the key players operating their business in the global Dairy Flavors market are

  • International Flavors & Fragrances Inc.
  • Synergy Flavors Inc.
  • Butter Buds Inc.
  • Kerry Group
  • Edlong Dairy Technologies
  • CP Ingredients
  • FONA International Inc.
  • Dairy Chem Inc.
  • Stringer Flavours Limited
  • Ornua Ingredients
  • Bluegrass Dairy & Food Inc.
  • Advanced Biotech. Inc.
  • Glanbia PLC
  • Blends Limited
  • Jeneil Biotech Inc.

Dairy Flavors Market Opportunities   

Multitasking flavors are being used across the end user industry, which is also a current trend for dairy flavors market worldwide. Lactose intolerance is the major issue for many consumers, lactose-free alternative milk made from nuts is an opportunity to increase the revenue of global dairy flavors market.

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Fresh nut milks are highly nutritious and rich in fiber, protein, vitamin B, monounsaturated fats, magnesium, and iron.The Dairy Flavors market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Dairy Flavors market, including but not limited to: regional markets, nature, flavor type, form, and application.

The study is a source of reliable data on:

  • Dairy Flavors market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and Rest of Latin America)
  • Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Poland, Russia, Luxembourg, and Rest of Europe)
  • East Asia (China, Japan, and South Korea)
  • South Asia (India, Singapore, Thailand, Malaysia, Philippines, and Rest of South Asia)
  • Oceania (Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa, and Rest of MEA)

The Dairy Flavors market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

Cotton Bags Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Eco-friendly cotton bags are expected to overtake plastic bags in the retail sector during the forecast period. With the increasing availability of embellished cotton bags, people are increasingly adopting cotton bags. Cotton bags have higher printability and shelf appeal compared to plastic bags.import | Download Sample Copy with List of Graphs and Figures:
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Plastic bag ban is expected to boost demand for cotton bags 

According to the Wall Street Journal, only about 1% of all plastic bags are recycled each year and the rest goes to landfills. As intolerance to plastic bags grows, governments around the world have imposed regulations restricting the use of plastic bags. This, in turn, has been a key factor driving the growth of the global cotton bag market. Plastic bags are banned in Washington, San Francisco, Seattle and Boston. 

This particular factor is expected to increase the demand for cotton bags in the US over the forecast period. China, India and Australia have imposed high taxes on the use of plastic bags, which in turn will create great opportunities for key players operating in the Asia Pacific cotton bag market. In 2017, Kenya pushed for a national ban on plastic bags. This has had a direct impact on distributors and producers of single-use plastic bags. The plastic bag ban has helped create a margin for new entrants to the cotton bag market. Growing developments driving research in the field of automatic bag making machines are also expected to have a positive impact on cotton bag production.

Jute bags are expected to hinder the growth of the cotton bags market

End users are attracted to jute bags because they are an economical and functional alternative to cotton bags. Jute bags provide moisture and chemical resistance, providing a suitable solution for packaging food and chemical products. Manufacturers of biodegradable bags are focusing on making jute bags because of their low cost. Jute bags are also lighter in weight and relatively inexpensive, so end-users are expected to adopt jute and hemp bags instead of cotton bags. Beyond that, retail paper bags are increasingly being used because they are recyclable, lightweight and inexpensive. This factor is also expected to negatively impact the Cotton Bags market during the forecast period

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According to the UN Comtrade Database 2015, China, France, Italy and Hong Kong are the world’s largest exporters of cotton bags. China leads the way in exporting cotton bags. North America and Europe are the two main export destinations for cotton bags, which can be directly attributed to the high demand for cotton bags in the region’s supermarkets and food industries. In terms of tax and resources, government subsidiaries will act as an important driver for the development of the cotton bag market in India and ASEAN countries.

Global Cotton Bags Market: Key Players

The key players operating in the global Cotton Bags market are:

  • Bag Maker, Inc.
  • Herbco Co., Ltd.
  • Central Bag Company
  • Johnpack, LLC
  • Altex International
  • Pearl Bag Factory LLP
  • Richie Bags Fashion Pvt. Corporation
  • Green Packaging Industries Private Limited
  • Goda Co., Ltd.
  • direct trade back company

The Cotton Bags Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The market report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.

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The global cotton bag market is segmented into 7 regions.

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

Global Laboratory Information Systems Market shall surge at a CAGR of 10.1% from 2020-2030

Global laboratory information system (LIS) market revenues are set to grow at 10.1% CAGR through 2030, according to an updated edition by Future Market Insights (FMI). The 2020-2030 version of the report builds upon the widely cited previous version, and incorporates the latest developments, notably, the impact of COVID-19 pandemic on this market.

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Over the years, the healthcare industry has witnessed massive technological advancements in the form of automation, big data analytics and cloud computing. The most important aspect in the industry is the need to reconcile administrative operations with caregiving operations. This has become possible through the introduction of advanced laboratory testing systems.

Laboratories are the foundational stone for primary healthcare administration. It is the laboratories which are the site for drug development and API formulations. To accelerate the effectiveness of these functions, there is a need to streamline mundane operations such as data collation, assimilation and record maintenance.

The need for systematic data documentation to reduce paperwork is primarily driving the laboratory information systems market. Significant adoption has been witnessed since the COVID-19 pandemic’s onset, enabling healthcare providers to concentrate on drug and vaccine development by smoothening data collection procedures.

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Key Findings

  • Europe & North America will remain lucrative, accounting for 4/5th of the revenue pie
  • Cloud-based laboratory information systems to register maximum increase during the forecast period
  • Vendors are increasingly capitalizing on developing LIS software for various healthcare verticals
  • Hospital-grade laboratory information systems are gaining significant momentum

COVID-19 Impact Analysis

Clinical laboratories are finding it unnerving to cope with the rapid influx of COVID-19 testing samples, impacting their ability to provide accurate testing. Incorporation of automated solutions is therefore anticipated to relieve these clinics of this uncertainty by promoting efficient testing of voluminous samples.

Prominent players in the laboratory information systems landscape are collaborating with public and private sector organizations to employ advanced technologies for implementing COVID-19 testing capabilities. For instance, LabWare Technologies has collaborated with the National Health Service to provide laboratory management software to healthcare settings across the United Kingdom.

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Thus, the market shall witness a significant upsurge during the short-term forecast period, with an increasing number of healthcare providers accelerating the uptake of technologically advanced laboratory information systems.

“Manufacturers are increasing their presence across emerging markets and forging effective distribution networks with regional players. This is helping them expand their outreach and broaden their customer base,” opines the FMI analyst.

Competitive Intelligence

The global laboratory information systems market is highly fragmented, characterized by the presence of over 50 vendors. Prominent players include: Cerner Corp., Evident, McKesson, Medical Information Technology (MEDITECH), Epic Systems Corporation, SCC Soft Computer, Roper Technologies Inc., CompuGroup Medical and LabWare.

With regard to product launches, Cerner Corporation launched CommunityWorks Foundations, a tailor-made cloud-based technology platform for rural and critical access hospitals in July 2020. This technology shall prove instrumental in reducing overhead costs and reducing lengthy implementation procedures. The platform enables hospitals to maintain electronic health records, reducing immense amount of paperwork.

Recently, in August 2020, Medical Information Technology (MEDITECH) partnered with TECHNATION Health in Canada. This collaboration is aimed at enhancing the privacy and security framework of healthcare providers across the nation, ensuring better patient data security. The solution involves provision of cybersecurity and data sovereignty among other objectives.

Pre-mature Baby Monitoring Equipment Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Premature births have become very common. Premature babies also called preemies require extra care than the full-term babies. Premature birth occurs due to infections, stress, chromosomal abnormalities, maternal age, and chromosomal abnormalities. Premature babies have weak immune system and underdeveloped parts that include the skin, lungs and digestive system. Technology advanced devices have been developed, which monitor the heart rate, respiratory rate, blood pressure, and temperature of the premature baby.

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More efforts are being put up by the manufacturers in order to develop equipment that function efficiently. Also, equipment such as wireless camera system has been developed by the manufacturers, which remains contactless with the premature babies and detects their movement nonstop. It detects even the slight changes in the skin colour, heart beats, and movements of its shoulders. Moreover if the baby does not suffer from any problem and has a normal heart & breathing rate the baby is given Kangaroo care.

This is a technique where the baby is held skin to skin contact with the mother for an extended time which provides the baby the apt temperature (warmth if the baby is cold and vice versa), protects from infection, increase weight gain and provides safety and affection. These equipment and techniques can save a lot of pre-mature babies from dying.

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Factors Driving the Growth of Premature Baby Monitoring Equipment Market

The demand for premature baby monitoring equipment has increased due to increasing number of deaths of premature babies. According to GE health care, over 15 million pre-mature babies are born worldwide every year and more than 1 million children die. Rise in the demand for the equipment and cases of premature occurrences are driving the growth of the market. Moreover, enhancement in the healthcare infrastructure is also playing a vital role in the growth of the market. The companies are providing technically advanced and efficient products which provide oxygen, maintain temperature, monitor the heartbeats and protects from cold temperatures.

Increasing birth rate in developing countries such as Asia pacific is driving the demand for premature baby monitoring equipment with the rising awareness. Moreover, the demand for premature baby monitoring equipment is going to rise globally with the rise in the population in countries such as India and China, which account for highest birth rates. Also, increasing prevalence of infections acquired in the hospitals in premature babies is further challenging the growth of the market. However, decreasing birth-rates in developed countries and poor approach towards the premature babies in the developing countries can restrict the growth of the market. Increasing investment and R&D will overcome the deficiencies for better alternatives for the growth for the premature baby monitoring equipment market.

Regional Market Outlook

Geographically, the global premature baby monitoring equipment market is segmented into seven key regions, namely North America, South America, Eastern Europe, Western Europe, and Asia Pacific excluding Japan, Japan and Middle East & Africa. North America followed by Europe is the dominant market of premature baby monitoring equipment due to technological advancement, infrastructure and better health care facilities. On the other hand, Asia pacific is expected to grow during the forecast period due to the rise in the birth rates and increasing government initiatives. The government is creating awareness programs for providing better healthcare facilities for the children by increasing public expenditures. Moreover the manufacturers are investing on the premature baby monitoring equipment due to huge demand by the end users.

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Key Participants

Examples of some of the key players in the global premature baby monitoring equipment market are Analogic Corporation, GE Healthcare, Koninklijke Philips N.V.; Medtronic plc; CooperSurgical, Inc.; Stryker, Olympus Corporation, Drägerwerk AG & Co. KGaA,, Novamed USA, Weyer, Fisher & Paykel Healthcare, BabyBloom Healthcare, Novos Medical Systems, etc.

Key Data Points Covered in Report

The report covers exhaustive analysis on:

  • The Premature baby monitoring equipment market by composition, product type, end user and region
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end-use segments and country
  • Premature baby monitoring equipment market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Premature baby monitoring equipment market Size & Forecast 2018 – 2026
  • Premature baby monitoring equipment market Current Trends/Issues/Challenges
  • Competition & Companies involved

Global Orthopaedic Prosthetics Market Will Be Worth US$ 3.22 Bn By 2030

Orthopaedic prosthetics have been witnessing personalized breakthrough innovations since the last few years. The market is witnessing customized prosthetics that enable modifications on the basis of functionality and anatomy of the respective patient.

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According to FMI, tailored orthopaedic prosthetics, an outcome of 3D imaging software, is available in various lengths and sizes. This innovation is likely to drive the orthopaedic prosthetics market during the forecast period.

The market is expected to witness a paradigm shift. Emphasis is being laid on consumer-friendly products, so as to simplify the lives of amputees”, says an FMI analyst.

Reconstructing or amputating of lower limb proves to be challenging for both – practitioners as well as patients as it largely depends on the affected limb’s viability and characteristics.

However, advances with respect to orthopaedic prostheses have paved the way for loads of options to be considered while choosing between limb amputation and reconstruction.

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As such, the well-fitting prostheses avert the rest of the soft tissue’s breakdown by redistribution of compressive force at the time of weight bearing, thereby minimizing force on skin. This convenience holds the flag for lower extremity orthopaedic prosthetics high in the forecast period.

As far as technology is concerned, digitally empowered devices are the future of orthopaedic prosthetics market. Along with anticipating patients’ actions (through the use of AI), these devices enable remote monitoring.

Digitally powered orthopaedic prosthetics are all set to revolutionize the market at present and also in the forecast period.

Also, as mentioned above, personalization of products gets a simplified approach with digitization, as traceability becomes easy. Also, 3D imaging helps the patient visualize the placement of limbs well in advance, thereby voicing his/her choice with regards to implants.

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Though North America and Europe account for leading revenue share, opportunities in Asia Pacific are growing. The countries like India, China, Thailand, Saudi Arabia are on the verge of increasing the contribution of their GDP towards healthcare.

As Asia Pacific is home to majority of those suffering from diabetic ailments, the orthopaedic prosthetics market set to catch up herein. On the other hand, the consistency shown by North America and Europe could be attributed to increasing incidences of peripheral vascular diseases concerned with limbs coupled with injuries related to sports.