Market Research Blog

Businesses Embracing Cloud Computing for Increased Efficiency & Scalability

Demand for energy efficient solutions can never lower down. Energy is used in every sector, either in the form of conventional or non-conventional sources. However, the rising needs of electricity has inclined the industries more towards the use of electricity in every way possible, to meet the demand for highly advanced technologies.

This creates scope for energy efficient systems that are necessary for the effective utilization of energy as well as to reduce costs and improve profitability, adhering to environmental regulations. Green initiatives proposed by various governments have introduced new policies for energy conservation and reduced carbon footprint. The real-time monitoring of energy consumption patterns is expected to play an important role in market growth over the forecast period.

Furthermore, as the technology and systems advances, cloud computing also marks its presence in the global industrial energy management systems market. Its offers benefits like updating and upgrading software in real time, facilitating users to utilize the data more efficiently.

In the energy management space, industries are increasingly adopting cloud-based software to gain significant benefits such as scalability, robustness, user-friendly access, low cost, reduced complexity, and a granular level of visibility of energy consumption information. Adoption of cloud computing is anticipated to be on the rise among businesses, to improve overall efficiency.

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Adoption of Smart Meters Will be the Key to Reduced Energy Consumption

The new advanced metering technology has eased the process of gathering detailed electricity consumption data, analytical power of facility energy management systems. It is intended to simplify the complex issues encountered by industrial energy users, and can identify energy waste in a number of categories.

This technology addresses basic errors in control system programming, and errors in maintenance and servicing procedures, thereby fueling the growth of industrial energy management systems market.

Intense competition among the participants in the global industrial energy management systems market will continue to compel companies to offer a wide range of competitive services, to sustain and strengthen their market share.

DARPA’s newly announced program is supposed to create a multi-beam to operate at 18-50 GHz for optimum security in communications among multiple military platforms. Recent findings highlight growing interest in the broader use of the Mm wave frequency band to achieve enhanced security in communications occurring on small mobile platforms.

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Advances in Mm wave, multi-beam phased arrays, and other technologies such as digital radio are foreseen to drive transformation of networked mobile platforms, which will eventually impact communication.

Demand in Command & Control to Persist; Land Force to Register Maximum Use

Growing demand for multi-intelligence ground systems, and large-scale, high-performance data and signal processing is anticipated to drive applications of military communications in Command & Control, followed by in Intelligence, Surveillance, and Reconnaissance (ISR). In terms of end use, the adoption of military communications solutions by Land Force will remain the maximum, compared to Air Force and Naval Force. Military communications will continue to play a pivotal role in warfare, with numerous technological advancements and potential applications.

2.5X Growth Predicted for Satellite Communication Systems, Strongly Backed by Rapidly Improving Satellite Communication Infrastructure

For more than four decades, satellite systems continue to be on the leading edge of military communications. However, it is most likely that a range of cutting-edge terrestrial communication technologies such as smart phone will outweigh the capabilities of satellite communication technology in upcoming years. Researchers and technology experts are currently exploring various ways of introducing the satellite coverage technology to terrestrial communication systems used commercially.

Fixed satellite service and mobile satellite service providers can create abundant opportunities for the development of advanced military communication equipment. Furthermore, collaborations involving satellite communication service providers can potentially create a heap of new revenue generation channels for advanced and connected military communication solution providers.

The revenue through adoption of SCS (satellite communication systems) is predicted to grow 2.5X during 2018-2028.

The military is rapidly going ‘wireless’, specifically for sensor-driven security, environmental control, tactical applications, and yard management. Military wireless communication systems are often designed to operate in harsh environments, where the equipment is exposed to stringent environmental factors.

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Furthermore, these systems also provide high-level security to protect sensitive data critical for national security and tactical operations. Swift development of commercial wireless communication technology has surged the interest of the military community in leveraging commercial technologies for addressing incessant communication needs.

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

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

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

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

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

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

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

Single Cell WGA Continues to Bring in New Applications

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

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

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

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

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New Technology Assessment in Branded WGA Products

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

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

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

Companies Focusing on Better Product Quality through Life Science Research

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

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

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

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

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

Key Questions Answered in the Report

FMI has identified Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, Friesl and Campina N.V., and Hilmar Ingredients as key players in the protein hydrolysate ingredients market. They collectively account for more than 25% market share in 2021.

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Increasing awareness among consumers about the health benefits of high protein content diets and supplements will create growth opportunities for the market. It also is expected to gain from growing emphasis on deriving protein hydrolysate ingredients from best protein source.

Increasing demand for versatile clinical nutrition with great taste will drive the market during the forecast period. Application in infant formula also will increase, especially in emerging economies and is predicted to boost the consumption of protein hydrolysate ingredients in coming years.

Protein hydrolysate ingredients infused infant formula products are increasingly occupying shelves spaces in convenient stores and supermarkets across the globe. With launch of a large number of new infant and toddler formula products, rising awareness regarding the early nutritional value in infant, and increasing consumer spending on baby’s health care products, the market is expected to grow at an accelerated pace in the coming years.

Key Takeaways from FMI’s Protein Hydrolysate Ingredients Market Study

• North America protein hydrolysate ingredients market is forecast to grow at 7.90% CAGR during the assessment period. Sales uptick can be attributed to high consumption of whey proteins and other protein ingredients and expansion of specialty food ingredient processing industries in the U.S.
• With increasing production of whey powder and growing demand for plant based protein alternatives in U.K and Germany, Europe protein hydrolysate ingredients market is predicted to expand at more than 6.90% CAGR through 2031.
• Asia Pacific is expected to offer lucrative opportunities for market growth, backed by rising penetration of large number of infant and toddler formula products in China and Vietnam.
• Japan and South Korea account for 5.3% and 5.1% of the global market share respectively in 2021. Growing consumer inclination towards healthy lifestyle and rise in number of health centers and gymnasiums are the key growth drivers in these countries.

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“Introduction of snack bars and protein gels with enhanced functionality and taste shape up the protein hydrolysate ingredients market in the future. Rise in health conscious population will fuel the demand for organic labels, protein bars, complete whey milky beverages and powder shakes across the globe,” says the FMI analyst.

Competitive Landscape

Prominent players in the international protein hydrolysate ingredients market are Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, FrieslandCampina N.V., and Hilmar Ingredients. These accounted for a cumulative share of approximately ~25-30%.

Leading market players are focusing towards expanding their product portfolio to consolidate their market position. For instance, Arla Foods announced its first organic ingredient MicelPure in August 2020, to cater the ever growing demand for natural protein ingredients. MicelPure is 87% native protein suitable for functional ingredient-based health foods. It is heat stable, contains minimum fat and lactose content.

In 2016, Arla Foods launched new whey protein hydrolysate specially designed for applications in gel, powder, milky beverage, and clear beverage. The enzymes will break down the whey protein and the ingredient will be absorbed by the body at a faster rate.

Emergences of new players have positively influenced the market growth through new product launches. In 2021, A new infant formula U.S. based start-up company, ByHeart reported the completion of its infant formula clinical trials and is on the way to become 4^th fully integrated FDA-registered, U.S. based infant formula brand in the country.

Prominent players operating in the protein hydrolysate ingredients market are:-

• Arla Food Ingredients
• Glanbia PLC
• FrieslandCampina N.V.
• Kerry Group Plc
• Hilmar Ingredients
• Armor Proteines
• Davisco Foods International, Inc. (Agropur Inc.)
• Fonterra Co-operative Group Limited
• Carbery Group Limited
• Costantino & C. spa

 More Insights on the Protein Hydrolysate Ingredients Market

In its latest report, FMI offers an unbiased analysis of the global protein hydrolysate ingredients market, providing historical data for the period of 2018-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of ingredient type (milk protein hydrolysate ingredients, whey protein hydrolysate ingredients, casein hydrolysate ingredients, plant protein hydrolysate ingredients, and meat protein hydrolysate ingredients), product form (powder and liquid), end use (infant formula, clinical nutrition, sports nutrition, bakery & confectionery, sauces & spreads, and others), across seven major regions of (North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan, and Middle East and Africa.)