Market Research Blog – Page 1688 – New Product Development

Dry Ice Market Projected to Reach USD 4.46 Billion by 2034, Growing at a Robust CAGR of 7.8%

The dry ice market growth likelihood is forecasted to encompass a path of progress at an impressive CAGR of 7.8%. It will elevate the dry ice market size to USD 4.46 billion by 2034, lifting it from USD 2.09 billion in 2024.

The healthcare sector and the biomedical field are growing, which requires efficient storage and transportation of surgical instruments, medical apparatus, and biomedical specimens. This generates demand-side trends for dry ice, driving the market growth.

Machinery cleaning processes are revolutionized, where organizations use dry ice blast techniques rather than traditional water and chemical cleaning. This helps businesses achieve their sustainability goals, driving the subject market.

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The awareness about dry ice use and its benefits is increasing, supporting market growth. Moreover, the food and beverage industry excessively uses dry ice to increase the shelf life of food items. Hence, this is another growth driver for expanding the market size.

Technological innovation and upgradation help the subject market to meet supply-side trends more effectively. The production of CO₂ becomes convenient and effective, which drives the subject market.

Key Takeaways from the Market Study

The food and beverage industry uses dry ice the maximum, capping the market space of the segment to 38.4%.
The Indian dry ice market growth is estimated to be the highest during the forecasted period, with a forecasted CAGR of 12.8%.
The United States of America will lead North America at a CAGR of 4.8%, creating numerous growth prospects for leading dry ice manufacturers.
Based on the type, dry ice pallets find a wide range of applications, which will help the segment occupy 54.5% of the market space in 2024.

“Handling dry ice might be a critical market challenge as it can damage the operator’s physical health,” says an FMI analyst.

Competitive Landscape

The demand-side trends suggest that the dry ice market growth is attributed to the expanding key players meeting consumer demands. Moreover, various key competitors innovate to bolster their presence in the market. They also use mergers, partnerships, acquisitions, and collaborations to gain a niche in the market.

Some recent key market developments are as follows:-

In November 2021, Central McGowan acquired Preferred Welder Sales. Before this, the organization acquired Fessler Carbonic Gas in Des Moines in March, followed by Metro Welding Supply in April of the same year. These three acquisitions helped the organization bolster its competitive position in the market.
In December 2022, ASCO CARBON DIOXIDE LTD. launched a refilling system for dry ice pellets. Dosing dry ice pallets into small containers by maintaining high precision and accuracy was possible due to this system. Hence, this gave a competitive niche to the organization.

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Future Market Insights offers an unbiased dry ice market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

The subject market is segmented by Type (Dry Ice Pellets, Dry Ice Blocks, and Other Dry Ice Types) and Application (Dry Ice for Food & Beverages, Dry Ice for Storage & Transportation, Dry Ice for Healthcare, Dry Ice for Industrial Cleaning, and Dry Ice for Other Applications).

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 ~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
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Positive Displacement Sanitary Pumps Market is Expected to Reach a Strong Valuation of USD 20.2 Billion by 2032 | FMI

The positive displacement sanitary pumps market revenues were estimated at USD 8.7 Billion in 2022 and is anticipated to grow at a CAGR of 8.9% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of USD 20.2 Billion.

India is projected to account for nearly 20% of the APAC positive displacement sanitary pumps market share by the end of 2032. Increasing activities in sectors like agriculture, wastewater management, and pharmaceutical industries post-COVID will have a huge impact on the overall GDP of the country.

For this reason, the demand for industrial equipment like Positive Displacement Sanitary Pumps is projected to increase soon. India’s food and grocery business has been the world’s sixth largest, with retail accounting for 70% of total sales. Furthermore, food processing accounts for 32% of the whole food market.

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Governments across India have established stringent legislation and regulations to address wastewater treatment in urban and industrial regions. Under the regulations, operators must implement water treatment systems in their operations to manage water scarcity issues. As a result, sewage treatment is likely to benefit the positive displacement sanitary pump sector significantly shortly.

The value of wastewater treatment plants in India was USD 2.4 Bn in 2019 which is predicted to climb to USD 4.3 Bn by 2025, as the demand for municipal and sewage water treatment facilities increases across the country. The industry will have a high need for investment, which the private sector may be able to fulfil through technology selection, fund rotation, and execution.

Key Takeaways from the Market Study

Global Positive Displacement Sanitary Pumps Market is estimated to account for a market size of USD 8.7 Bn by 2022.
The Rotary segment, is expected to account for the highest CAGR of 8.2% during the forecast period.
China is projected to remain the most dominant market with an absolute dollar growth opportunity of USD 1.6 Bn during 2022 – 2032.
The market in India is set to experience the highest CAGR of 12.7% during the 2022-2032 forecast period.

“During the projected period, the rising consumer and food industry demand for processed foods in both developed and developing countries can become a key driver in raising the Positive Displacement Sanitary Pumps market revenue.” comments a Future Market Insights analyst.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Positive Displacement Sanitary Pumps Market are focused on R&D to produce innovative technological solutions.

In June 2021, Quantex Arc Ltd., a provider of single-use precision pumping technology, was acquired by PSG, a Dover Corporation subsidiary. When the acquisition finalized, Quantex will be combined into Dover’s Pumps & Process Solutions segment’s PSG business unit. PSG’s presence in biopharma and other sanitary applications has expanded with the purchase of Quantex. Quantex’s recyclable product line will allow the business to broaden its single-use application reach in the biopharma, sanitary, food and beverage, and industrial sectors.
In May 2021, Xylem Inc. announced that it has sold the Jabsco rotary lobe pump product line to the Verder Group. Verder’s position in sanitary pumps for pharmaceutical and food and beverage applications is strengthened by the purchase. The items will be offered under the “Jabsco by Packo” brand throughout the changeover phase. Packo is the Verder Liquids pumps division’s principal sanitary brand, and it comprises centrifugal, twin-screw, and lobe pumps.

Key Players

IDEX Corporation
SPX Corporation
Fristam Pumps
Xylem, Inc.
PSG Dover
Alfa Laval AB
ITT Corporation
Ampco Pumps GmbH
KSB AG
Axiflow Technologies, Inc.
Sulzer Ltd.
Nakakin Co., Ltd.

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Future Market Insights, in its new offering, presents an unbiased analysis of the Positive Displacement Sanitary Pumps Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Positive Displacement Sanitary Pumps Market across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Market Segments Covered in Positive Displacement Sanitary Pumps Analysis

By Pump Type:

Rotary Positive Displacement Sanitary Pumps
- Rotary Lobe
- Twin Screw
- Progressive Cavity
- Eccentric Disc
- Gear
- Sinusoidal
- Hose
Reciprocating Positive Displacement Sanitary Pumps
- Piston/Plunger
- Diaphragm

By End-Use:

Food & Beverage
Pharmaceutical
Cosmetics
Biotechnology
Water Treatment Systems
Textile
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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.

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Isoflavones Market Projected to Grow at 5.5% CAGR, Reaching USD 2.3 Billion by 2032

The global isoflavones market demand is on a promising trajectory, valued at USD 1.4 billion in 2022 and anticipated to reach USD 2.3 billion by 2032, according to the latest analysis by Future Market Insights. With a robust compound annual growth rate (CAGR) of 5.5% projected for the forecast period, the market is poised for significant expansion, fueled by increasing consumer awareness and demand for plant-based health solutions.

Isoflavones, phytoestrogens derived from natural sources such as soybeans, chickpeas, and peanuts, are gaining traction for their numerous health benefits. These naturally occurring phenolic compounds exhibit estrogen-like properties due to their molecular resemblance to vertebrate estrogens, making them valuable in various therapeutic applications.

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Market Dynamics and Growth Drivers

The growing prevalence of hormonal disorders, cardiovascular diseases, and menopausal symptoms is driving the demand for isoflavones. The dietary sources of isoflavones, particularly soy-based products like tempeh, edamame, miso, tofu, and soymilk, are popular for their high content of genistein and daidzein. These compounds are known for their estrogenic and anti-estrogenic effects, contributing to their therapeutic potential.

The market has evolved significantly from 2017 to 2021, with a growth rate of 4.6% CAGR. The forecast period from 2022 to 2032 is expected to witness an acceleration in growth, attributed to rising consumer inclination towards natural and organic supplements, increasing health awareness, and a growing preference for plant-based diets.

Regional Insights

In the U.S., the demand for plant-based isoflavones is being driven by the high incidence of menopause among women, with over one million women reaching menopause annually. Brands like ADM are capitalizing on this demand by offering naturally sourced soy isoflavones to alleviate menopausal symptoms and improve overall well-being.

Japan’s dietary practices, which include regular consumption of soybeans, are contributing to the country’s significant demand for isoflavones. Epidemiological studies in Japan highlight the reduced risk of breast cancer associated with high isoflavones intake, reinforcing the value of these compounds in preventive health.

In Brazil, the development of biotransformed soymilk with probiotic strains has enhanced the efficacy of isoflavones, boosting product sales. The country’s focus on improving the anti-inflammatory and antioxidative properties of soymilk is driving growth in the isoflavones market.

Segment Analysis

Organic vs. Conventional Isoflavones: The organic isoflavones segment is witnessing increased demand due to the growing preference for ethically produced and environmentally friendly products. Organic isoflavones are valued for their superior nutritional profile and their role in addressing health issues such as menopausal symptoms and cardiovascular health.

Form and Application: The liquid form of isoflavones is gaining popularity among consumers for its higher potency and ease of absorption compared to powder supplements. Isoflavones are increasingly being used in nutraceuticals and dietary supplements, pharmaceuticals, and cosmetics, reflecting their diverse applications and benefits.

Source: Soybean-sourced isoflavones continue to dominate the market due to their high concentration of beneficial compounds. Products like Novasoy® offer varying concentrations of soybean-derived isoflavones, catering to different consumer needs and applications.

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Competitive Landscape

Key players in the isoflavones market, including Cargill, Inc., Archer Daniels Midland Company, and International Flavors and Fragrances, are focusing on innovation and product development to capture market share. For instance, Frutarom Health’s launch of the Organic SoyLife Complex, a certified organic soy ingredient, highlights the industry’s shift towards sustainable and health-focused solutions

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
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Global Prinzmetal Angina Therapeutics Market Set for Robust Growth: Expected to Reach USD 17.2 Billion by 2033

The global Prinzmetal angina therapeutics market is on an impressive growth trajectory, with forecasts indicating a market valuation surpassing USD 10.7 billion by 2023 and soaring to an anticipated USD 17.2 billion by 2033. This substantial expansion represents a robust Compound Annual Growth Rate (CAGR) of 4.85%, reflecting the dynamic advancements and growing demand within the sector.

Key drivers behind this remarkable growth include the innovative development of biosimilars and biobetters, which are significantly enhancing treatment options for Prinzmetal angina. Additionally, the rising prevalence of diabetes and hypertension, largely attributed to unhealthy lifestyle choices, is contributing to the increased demand for effective therapeutics. Lifestyle factors such as heightened alcohol consumption and smoking further exacerbate angina cases, driving market expansion and creating a substantial opportunity for growth within the sector.

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However, the downward pricing pressure owing to its commodity nature restrains the market’s growth. The high cost for surgical procedures like coronary bypass surgery is also anticipated to hamper the overall growth of the market. The various technological advances in personalized cardiovascular medicine as well as the enhancement of innovative drug delivery systems are anticipated to generate lucrative opportunities for the market. On the other hand, the increased use of minimally invasive surgeries and shortage of skilled professional have the potential to challenge the market’s growth.

Key Takeaways from the Market Study:

North America is expected to dominate the market of Prinzmetal Angina therapeutics with a market share of 42% during the forecast period.
The product demand in South Asia is expected to move ahead with a CAGR of 4%.
China is anticipated to dominate the Prinzmetal angina drug market in South Asia
By drug class, Beta Blockers are projected to lead market with highest market share.
Hospital Pharmacies is estimated to dominate the market with a segment share of 55% during the forecast period.
US dominated the market in North America with a market share of around 40% in 2022.
One gene-based therapy, Generx (Ad5FGF-4), and two cell-therapy treatments, CLBS16 and CLBS14 anticipated to launch in the US will bolster the market during the forecast period.

“Advancements in medical therapeutics, extensive use of beta blockers and adoption of innovative drug delivery systems will bolster market growth,” comments an FMI analyst.

Competitive Landscape:

Key players in the Prinzmetal Angina Market are:

Sanofi S.A.
Gilead Sciences Inc.
AstraZeneca Plc
Pfizer Inc.
Eli Lilly and Company
Amgen Inc.
GlaxoSmithKline Plc
Tasly Pharmaceuticals Inc.
Novartis AG
XyloCor Therapeutics

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Some recent developments in this industry are:

In March 2022, Zydus Lifesciences received approval from the United States Food and Drug Administration (FDA) to market its Nitroglycerin Sublingual Tablets in the strengths of 0.3 mg, 0.4mg, and 0.6mg (US RLD: Nitrostat Sublingual Tablets) for angina.
In October 2021, BioCardia, Inc. announced the treatment of the patient in their CardiAMP Cell Therapy Chronic Myocardial Ischemia Trial for patients with refractory angina.

Key Segments Profiled in the Prinzmetal Angina Therapeutics Market Survey:

By Drug Class:

Beta Blockers
Calcium Antagonists
Anti-coagulants
Anti-Platelets
Anti-Anginal
ACE Inhibitors
Nitrates

By Disease Type:

Stable or Chronic Angina
Unstable Angina
Variant and Microvascular Angina

By Distribution Channel:

Online Pharmacies
Retail Pharmacies
Hospital Pharmacies

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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
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Online Catering Marketplace Set for Significant Growth with Projected Value of USD 119.9 Billion by 2032

The online catering marketplace is on track to witness substantial growth, with a projected valuation reaching USD 119.9 billion by 2032, up from USD 76.3 billion in 2022. This impressive growth reflects a robust compound annual growth rate (CAGR) of 4.6% over the forecast period. The surge in online catering adoption is driven by several factors including rising disposable incomes, increased food consumption, enhanced internet penetration, and a growing inclination towards online meal ordering.

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Key Drivers of Market Expansion

The expansion of the online catering marketplace is being fueled by a combination of economic and technological factors. Financial growth and increased disposable income are enabling consumers to spend more on food, particularly meals consumed outside the home. Additionally, advancements in internet technology have made online ordering more accessible and convenient.

The market is experiencing a shift as consumers increasingly prefer the convenience of online ordering, driven by lifestyle changes and greater access to digital payment systems. This shift has been accelerated by the COVID-19 pandemic, which highlighted the need for efficient and contactless food delivery solutions.

Technological Advancements and Consumer Trends

The rise of digital technologies has revolutionized the online catering sector. The proliferation of smartphones and internet-enabled devices has facilitated easier access to online catering services. Technological advancements have also improved the efficiency and safety of food delivery operations, making them more appealing to both consumers and providers.

Increased urbanization, globalization, and exposure to diverse cuisines have further fueled the demand for online catering services. The growing interest in exotic and high-quality food offerings is encouraging the expansion of online catering services globally. As people seek convenience and quality, online catering platforms are increasingly incorporating healthier and organic food options, aligning with the rising health consciousness among consumers.

Regional Insights and Market Opportunities

North America remains the largest market for online catering, driven by high disposable incomes, a strong presence of fast-food chains, and the prevalence of dual-income households. The United States leads the region, reflecting a strong preference for eating out and a rapidly expanding online catering market. Mexico is also emerging as a significant player in the region due to a growing millennial population and an increasing number of tourists.

In contrast, the Asia Pacific region is anticipated to experience the fastest growth. The rapid urbanization and expanding middle class in this region are major growth drivers. Countries like China are witnessing significant increases in online food orders, further boosting the market’s growth. The diverse and dynamic culinary landscape in Asia also presents ample opportunities for online catering services.

Europe, while growing steadily, faces challenges such as the impact of Brexit and the COVID-19 pandemic on the food and hospitality industries. Nevertheless, the region is expected to maintain a stable growth trajectory.

Competitive Landscape and Future Outlook

The competitive landscape of the online catering marketplace is fragmented, with numerous players vying for market share. Major companies are focusing on product innovation and strategic partnerships to enhance their market presence. For instance, Krispy Kreme’s partnership with Americana Group to open new outlets in Egypt, and Pizza Hut’s collaborations with Beyond Meat and ITC Foods, demonstrate the industry’s trend towards diversification and adaptation to consumer preferences.

The future of the online catering marketplace is bright, with numerous opportunities for growth. The ongoing development of new catering services, technological advancements, and increasing consumer demand for convenient and diverse food options are expected to drive the market forward.

Key Players

CMARKETPLACE CATERING
ezCater, Inc.
SmartBite
Yummy Corp
Smunch . Co
Sodexo
Mitie Group plc
Olive Catering Services Ltd
Forkable

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Key Segments:

By Service Type:

Wedding Catering
Social Event Catering
Restaurant Catering
Others

By Application:

Corporate
Educational Institutions
Healthcare
Industrial
Hospitality Services
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
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.

Helium Gas Market to Experience Steady Growth at a CAGR of 4.4% Through 2034

With the support of various growth drivers for the helium gas market, the sector will encompass a sluggish advancement, reaching a stage of maturity. The said industry will follow a CAGR of 4.4% through 2034. The helium gas market size will attain USD 46.8 billion by 2034, elevating the size from USD 30.4 billion, measured in 2024.

The rising dependency on nuclear power generation has forced people to seek the effective functioning of atomic systems. Nuclear reactor cooling systems are gaining traction in the industry. This can be fulfilled with the help of Helium, as the gas possesses a significantly lower boiling point. This explains the increasing helium gas market size.

Similar to the nuclear industry, the healthcare industry is fueling growth drivers for the helium gas market. The medical sector is evolving, using innovative and cutting-edge techniques for medical inspection. Helium finds wide applications in the medical field, including MRI machine cooling for repetitive use, which drives the demand for the gas.

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Key players in the helium industry gain traction due to the growing electronics and semiconductor industry. Helium can effectively be used in the construction of LCDs, which is the reason for the growing sector of such players. As a result, the industry is fueled to grow.

With the ability of the gas to meet sustainability, governments are mandating the use of Helium as an alternative source of energy. Such factors increase the helium gas market size.

Key Takeaways from the Market Study

The helium gas market in the United States of America will advance at a CAGR of 4% through 2034.
India will lead the industry by registering the advancement at a CAGR of 5% from 2024 to 2034.
The United Kingdom will likely traverse a sluggish progress path in the sector at a CAGR of 7% through 2034.
The healthcare industry will demand helium the most, justifying the share of 7% in the competitive landscape.

“With the overuse of helium, the reserves of the gas might become obsolete, which is a key challenge, affecting the growth drivers for the helium gas market,” says an FMI analyst.

Competition Outlook

Key players in the helium industry have substantial market share, which might affect new entrants. The saturation in the industry explains the competitive force within the landscape.

Key competitors expand using partnerships, mergers, and acquisitions, whereas new entrants can choose strategic alliances and innovation to gain a substantial position in the industry.

The following recent developments enhance the helium gas market share:-

In March 2023, Linde PLC expanded in Penneselvia with the help of a corporate office. This will expand the functioning of the organization in new sectors.
In April 2024, Air Liquide strengthens its global presence by acquiring Homecare Activities in the Netherlands and Belgium. The move also expands the reach of the organization.

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Future Market Insights offers an unbiased global helium gas market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

The market is segmented by Supply Mode (Cylinders, Bulk and Micro tanks, Drum tank, and On-site), By Application (Healthcare, Manufacturing, Electronics, Leak Detection, Fibre Optics, Lifting Gas, Heat Transfer, Breathing Mixtures, and Others), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and The Middle East and Africa).

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Global Pituitary Stalk Interruption Syndrome Treatment Market Set for Significant Growth, Reaching USD 159.14 Million by 2033

The global pituitary stalk interruption syndrome treatment market is on an upward trajectory, with substantial growth expected over the next decade. According to a recent report by Future Market Insights, the market is forecasted to expand at a Compound Annual Growth Rate (CAGR) of 3.5% from 2023 to 2033. In 2023, the market is projected to reach a notable valuation of USD 112.82 million. This figure marks a significant milestone for the specialized medical field. Looking forward, the market is anticipated to surge to an impressive USD 159.14 million by 2033, reflecting a robust growth trend.

This optimistic outlook is driven by several critical factors. The increasing global population has heightened the demand for medical attention and treatment options for conditions like pituitary stalk interruption syndrome. Furthermore, rapid advancements in medical technology have paved the way for innovative medications and treatment solutions, providing new avenues of hope for patients affected by this complex condition.

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The promising growth forecast underscores the importance of continued investment and research in this area. As medical technologies advance and the global population grows, the demand for effective treatments for pituitary stalk interruption syndrome is expected to rise, driving market expansion.

Key findings from the report highlight that research and development activities spearheaded by key players in the pituitary stalk interruption syndrome treatment market will play a pivotal role in steering the industry’s growth trajectory. As industry leaders invest in cutting-edge solutions and therapeutic approaches, the market is expected to witness a surge in treatment options and enhanced outcomes for patients grappling with this syndrome.

Moreover, the growth is further propelled by the ongoing development of healthcare infrastructure on a global scale. The integration of state-of-the-art technology for accurate diagnosis is becoming a key driver for the overall expansion of the market. This synergy between healthcare infrastructure and technology is anticipated to provide a conducive environment for the pituitary stalk interruption syndrome treatment market to thrive.

The comprehensive report from Future Market Insights sheds light on the dynamic landscape of the global pituitary stalk interruption syndrome treatment industry, offering insights that are invaluable for stakeholders, investors, and industry participants. As the market continues to evolve, this growth trend signifies promising opportunities for both established players and emerging entrants in the field.

Key Takeaways from the Market Study:

The pituitary stalk interruption syndrome treatment market is expected to grow at a value of 3.5% CAGR in the forecast period 2023-2033.
The hospitals and clinics segment is expected to hold 45% of the market share in 2023 for Pituitary stalk interruption syndrome treatment market.
North America is expected to possess 40% market share for pituitary stalk interruption syndrome treatment market in 2023.
Asia Pacific is expected to possess 35% market share for pituitary stalk interruption syndrome treatment

“Continuous research and development activities to treat the ailment at the earliest along with efforts from key players to innovate medication is expected to influence the growth of the market positively.” Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

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Competitive Landscape:

Key players in the pituitary stalk interruption syndrome treatment market are

JenaValve Technology Inc.
TTK Healthcare Ltd
Lepu Medical Technology Co. Ltd
Abbott Laboratories
Medtronic Plc.
Sorin Group
Micro Interventional Devices Inc.
Boston Scientific Corporation
CryoLife Inc.
Edward Lifesciences Corporation
Pfizer Inc.

Recent Development:

JenaValve Technology Inc, a key player in the pituitary stalk interruption syndrome treatment market is focusing on investing in research and development for treating pituitary stalk interruption syndrome treatment.
Boston Scientific Corporation, another key player in the pituitary stalk interruption syndrome treatment market is focusing on launching different types of medication for treating pituitary stalk interruption syndrome treatment.

Key Segments Profiled in the Pituitary Stalk Interruption Syndrome Treatment Market Survey:

By Symptoms:

Hypoglycemia
Jaundice
Micropenis
Cryptorchidism
Others

By Treatment:

Hormone Replacement
MRI Scan
Others

By End Users:

Specialty Clinics
Hospitals & Surgical Centers
Research Institutes

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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.

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Proline Market Set for Robust Expansion, Projected to Hit USD 559.30 Million by 2032

The global proline market is on a trajectory of substantial growth, with projections indicating it will reach a market size of USD 559.30 million by 2032. The market is anticipated to grow at a compound annual growth rate (CAGR) of 6.54% from 2022 to 2032, up from an estimated USD 462.50 million in 2022.

Driving Factors and Market Dynamics

The proline market’s rapid growth is primarily driven by its increasing application in pharmaceutical and health sectors. Proline, an amino acid crucial for collagen synthesis, has seen heightened interest due to its benefits in supporting skin health and its role in heart disease management. The pharmaceutical segment is anticipated to witness the fastest growth over the forecast period, driven by innovations and advancements in therapeutic applications.

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Technological advancements in production processes have led to large-scale production of proline, significantly reducing costs and enhancing affordability. This shift has made proline more accessible and has expanded its use across various industries, including health supplements and animal feed. Additionally, rising consumer health consciousness and an increasing inclination towards dietary supplements have spurred demand for proline-based products.

However, the market does face challenges, including price volatility of raw materials and fluctuating regulatory landscapes across different regions. These factors could impact growth rates to some extent. Despite these challenges, the proline market is poised for growth, supported by ongoing research and development, particularly in North America and Asia-Pacific regions.

Regional Insights

The proline market’s growth is particularly pronounced in Asia-Pacific, driven by increased production of amino acids and the rising demand for high-quality feed additives. Key countries such as China and Japan are leading the charge, with substantial growth in the feed industry contributing to the market’s expansion. In North America, the popularity of proline-based health supplements continues to rise, presenting lucrative opportunities for market players.

Europe is also expected to see steady growth, fueled by the demand for high-quality meat products and advancements in feed additives. The region’s market is bolstered by the use of proline in improving animal growth performance, which aligns with the increasing emphasis on quality in the food industry.

Competitive Landscape

The proline market is characterized by a competitive and fragmented landscape with several key players dominating the industry. Major companies such as Ajinomoto Co. Inc., PepTech Corporation, and Anaspec, Inc. are at the forefront, driving market innovation and expansion. For instance, Ajinomoto’s collaboration with Chinese company Meihua Holdings Group for amino acid production underlines the strategic moves companies are making to enhance market presence and meet growing demand.

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Key Segments Profiled in the Proline Market

By Product Type:

Plant-based
Animal-based

By Grade:

Food Grade
Pharmaceutical Grade

By End User:

Health and Dietary Supplements
Animal Feed
Pharmaceuticals
Biotechnology
On the basis of packaging, the market can be segmented as:
Drums
Cartons
Boxes
Others

By Region:

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

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.

Recycled Scrap Metal Market Set for Robust Growth: Projected to Reach USD 103.97 Billion by 2032

The global recycled scrap metal market is anticipated to expand at a steady 7.1% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis. Increasing production of iron and steel is boosting demand for recycled scrap metals. The growing utilization of scrap metals in steel production and in non-ferrous metals processing is further expected to boost the consumption rate of recycled scrap metals.

Rapid development of the building and construction sector also is propelling sales of recycled scrap metals. Increments in the production of automotive, shipbuilding aero plane manufacturing are also bolstering the consumption rate of recycled scrap metal.

Production and processing of ferrous as well as non-ferrous metals produces scrap. These scraps are further utilized in the processing of various products to reduce waste generation. Growing demand for waste management and initiatives taken by regional government bodies to minimize waste is expected to bolster sales of recycled scrap metals over the forecast period. ‘

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Increasing Iron and Steel Production Boosting Recycled Scrap Metal Sales

Rapid expansion of the construction sector, automotive production, industrial machinery, tools and equipment sector, and ship building is spurring the demand for iron and steel. Investment towards infrastructure, especially in developing nations is also boosting demand for iron and steel in civil construction. This is resulting in increasing sales of recycled scrap metals, and the trend is expected to continue over the forecast period.

Significant growth in the construction and infrastructure sector in China in the past few years has boosted the consumption of iron and steel, resulting in high demand for scrap metals for the production. As scrap metal utilization helps in reducing carbon emission and waste generation, key players are preferring scrap metals to produce iron and steel. This reduces overall production cost and helps companies in achieving their sustainability goals.

China also has significantly increased its steel production in the last decade, which has boosted the demand for recycled scrap metals. Overall increase in iron and steel production is anticipated to propel the consumption rate of scrap metals in the coming years.

“Increasing production of electric vehicles in the automotive sector, along with rising sales of consumer electronics and wearables are anticipated to continue driving sales of recycled metal scraps over the assessment period,” says an FMI analyst.

Competitive Landscape

American Iron & Metal (AIM)
ArcelorMittal
Aurubis AG
DBW Metals Recycling
Kuusakoski
Metallon Recycling Pte Ltd.
Nucor Corporation
OmniSource, LLC
Sims Limited
TKC Metal Recycling Inc.
K-Swiss Inc.

Key players operating in the global recycled scrap metal market are focusing on increasing utilization of scrap metals to produce iron and steel to decrease waste generation and operating expenditure. Further, leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels. For instance:

In Oct 2021, Nucor launched Econiq, a series of net-zero carbon steel products. By Econiq, Nucor is providing the lowest greenhouse emission gas steel products to steel consumers.

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More Insights into the Recycled Scrap Metals Market Report

In its latest report, FMI offers an unbiased analysis of the global recycled scrap metal market, providing historical data for the period of 2016-2021 and forecast statistics for the period of 2022-2032. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of metal type (ferrous and non-ferrous), source (production scrap and post-consumer scrap) and end-use (transportation, building & construction, consumer electronics, packaging, equipment & tools, art, décor and home furnishing and jewelry) across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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Hydrolyzed Starch Market Forecasts Robust Expansion, Expected to Reach USD 24,180.1 Million by 2034

The global hydrolyzed starch market demand, is poised to reach a value of USD 13,890.2 million by 2024 and is projected to reach a value of USD 24,180.1 million by 2034, reflecting a compound annual growth rate of 5.7% over the assessment period 2024 to 2034.

Hydrolyzed starch, a sugar alcohol derived from starch sources such as cornstarch, rice, wheat, and potatoes, is gaining traction due to its multifunctional properties. It serves as a crucial ingredient in numerous food products, enhancing texture, bulk, and moisture retention. The versatility of hydrolyzed starch makes it an attractive component for low-calorie foods, sugar-free candies, chewing gum, ice cream, baked goods, jams, and spreads.

The increasing consumer preference for low-calorie and sugar-free products has significantly boosted the demand for hydrolyzed starch. Its role as a sweetener and moisture retainer is particularly valued in the food industry, where artificial sweeteners are becoming more prevalent. The regulatory approval of hydrolyzed starch by bodies such as the FDA and EFSA has further supported its adoption in various applications, contributing to market growth.

Regional Insights

The Asia-Pacific region is emerging as a key growth area for the hydrolyzed starch market. With large populations in India and China, there is a growing demand for food and beverage products. The region’s cost-effective labor and raw materials make it an attractive hub for pharmaceutical manufacturing. India’s favorable regulatory environment, including 100% foreign direct investment (FDI) in food processing, is expected to spur significant investments and further drive market growth. The Confederation of Indian Industry (CII) projects substantial investment in the Indian food processing sector, which will positively impact the hydrolyzed starch market.

In Europe, the hydrolyzed starch market is projected to grow at a CAGR of 4.1%. The demand for hydrolyzed starches, particularly in bakery and confectionery products, is driving this growth. Europe has a strong preference for wheat-based hydrolyzed starch products such as maltodextrins and glucose syrup, which are widely used in processed foods. The robust foodservice sector and high consumption of processed foods continue to support the market’s expansion in this region.

The North American market is expected to see steady growth, driven by the increasing popularity of hydrolyzed starch-based health supplements and low-calorie foods. The region’s advanced food processing industry and significant consumer focus on health and wellness contribute to the growing demand for hydrolyzed starch.

Market Competition and Key Players

The hydrolyzed starch market is highly competitive, with several prominent players shaping the industry landscape. Key companies include Lyckeby, Cargill Inc., BASF, DowDuPont, Lanxess Aktiengesellschaft, Mitsui Chemicals, Shell International, Covestro, Stepan Company, Sweetener Products Company, SPI Polyols, Inc., Roquette America Inc., Tereos Starch & Sweeteners, Archer Daniels Midland, Tongaat Hulett Starch, and Ingredion.

These companies are actively involved in product development, technological advancements, and strategic partnerships to enhance their market position. For example, recent product innovations and expansions by these industry leaders reflect the dynamic nature of the hydrolyzed starch market.

Hydrolyzed Starch Market – Market Segmentation

By Nature, the Hydrolyzed Starch market is segmented into:

Organic
Conventional

By Functionality, the Hydrolyzed Starch market is segmented into:

Sweetening
Moisture Retainer
Texturizing

By End-use, the Hydrolyzed Starch market is segmented into:

Bakery
Confectionary
Dairy
Jams and Spreads
Beverages
Pharmaceuticals
Others

By Source, the Hydrolyzed Starch market is segmented into:

Rice
Wheat
Potato
Others

By Form, the Hydrolyzed Starch market is segmented into:

Powder
Coarse-Grain
Granulated

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.