Market Research Blog – Page 1729 – New Product Development

Revivable Yeast Market Outlook: Trends and Growth Forecasts through 2032

The revivable yeast market is experiencing a resurgence as innovative applications emerge. These resilient microorganisms play a pivotal role in various industries. In biotechnology, revivable yeast strains are harnessed for biofuel production, reducing carbon emissions. The food and beverage sector benefits from their ability to enhance fermentation processes, leading to improved product consistency and taste.

Newly released data from revivable yeast market analysis by Future Market Insights shows that global consumption of revivable yeast enjoyed a year-on-year (YOY) growth of 9% in 2022 to total sales of US$ 36.3 Mn. During the forecast period, the global revivable yeast market would observe a CAGR of ~10% accounting for projected sales of US$ ~100 Mn in 2032.

Revivable yeast refers to yeast strains that have been dried or preserved in a dormant state, allowing them to be revived and activated when needed for fermentation, bioprocessing, or other applications. This method of preservation offers advantages in terms of longer shelf life, easy transportation, and reduced storage requirements compared to live yeast cultures.

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The revivable yeast market is expected to witness high growth in the forecast period. Consumer interest in product quality and safety is among key trends prevalent in developed countries, especially in Europe and North America. Consumers are curious about the accountability of providers of different raw materials used in food products.

Various chemicals and additives are used in the food products which can cause food poisoning and multiple allergies due to which consumers prefer natural, organic and gluten-free food products. Health awareness is increasing among consumers due to which they are inclining towards gluten-free, fat-free, sugar-free and salt-free but high energy food products.

The availability of the revivable yeast based products is increasing in the modern trade, convenience stores and online retail. Due to the increasing availability of revivable yeast the usage of revivable yeast as ingredient is rising globally. Due to high nutritional properties the consumption of revivable yeast is increasing by health-conscious consumers.

Some of the most renowned manufacturers of revivable yeast in the market are located in the developed countries from North America and Europe. Leading brands are sold via traditional store-based retailing in these countries, and are easily available to consumers.

Instagram and Twitter are among social media websites that are creating a positive perception about revivable yeast products. Food influencers are posting new recipes that use revivable yeast and promoting other products related to revivable yeast such as inactive dried yeast. As revivable yeast, which has an amazing revitalizing and rejuvenating effect on the skin and nail, it is gaining attention from consumers on social networking sites. Increasing usage of smart phones and other smart electronic gadgets influences the consumers in the developed regions and creates awareness of benefits of using revivable yeast for skin care and nail care.

Who is winning?

Few of the leading players operating in the revivable yeast market are Quantum Nutrition Labs, Alltech, Kadac Pty Ltd., Lallemand Inc., Bob’s Red Mill Natural Foods, Lesaffre, Bioforce Canada Inc., Angel Yeast Company Ltd., NOW Foods, Cypress Ingredients, and others.

Multiple leading manufacturers of revivable yeast are focusing on mergers and acquisition to expand its geographical presence. Leading players acquiring small size companies of revivable yeast to strengthen their product portfolio.

In 2016, acquired Lage y Cía acquired by Lallemand Inc. The objective of the acquisition was to improve the geographical reach and strengthen its research and development activities related to yeast products.
In 2018, Alltech’s yeast extract facility in Serbia is acquired by Lesaffre. Lesaffre acquired Alltech’s to increase its production capacity of nutritional and health products.

Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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REVIVABLE YEAST MARKET TAXONOMY

The global revivable yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Nature

Organic
Conventional

Form

Powder
Tablet
Capsule

Sales Channel

B2B
B2C
- Modern Trade
- Specialty Store
- Convenience Store
- Online Retail
- Other Sales Channel

Region

North America
Latin America
Western Europe
North & Eastern Europe
APEC
China
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 5000 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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Zero Calorie Chips Market Expected to Expand 6.9% Annually Until 2033, According to FMI

The global zero calorie chips market size is anticipated to be valued at US$ 2,102.0 in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2033, touching a valuation of US$ 3,946.8 million by 2033. Rising demand for health and nutritional foods is a key factor pushing sales of zero calorie chips globally, as per FMI.

Over the years, zero calorie chips have gained increasing popularity as they are considered healthier than normal chips. These chips are effective in weight management due to their very low-calorie content. Thus, consumer awareness of lifestyle-related diseases will continue to boost the demand for healthy products like zero calorie chips during the forecast period.

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Key Takeaways:

The United States market showed an immensely high CAGR of 6%. This could be due to the rising awareness of obesity within the consumer group.
FMI calculated that the market in Germany rose at a value share of 3% in 2022.
The Japanese market rose at a comparatively lower market value of 3% in 2022.
By 2033, the zero calorie chips market in Australia is likely to expand at a CAGR of 0%.
The market in China is likely to progress at a CAGR of 3% during 2033.
Indian zero calorie chips market is likely to rise at a steady CAGR of 3.3% through 2033.

Competitive Landscape:

With the heavy competition in the zero-calorie space, top companies proceed by transforming the space by introducing lesser calorie-intensive snacks, ensuring that the snacks are as satisfying and comparable as potato chips, and making consumers feel good about their choices. Many brands are also trying out newer advertising methods to promote themselves.

Popchips

Popchips is a snack brand that uses gluten-free, non-fried, vegan ingredients to manufacture snacks that are completely crave-able. They mainly manufacture rice chips and potato chips popped using heat and pressure. This ensures that the chips are deeply satisfying. They use oleic oils and ethically sourced spices. This ensures they have significantly lesser fat and calorie content than other fried chips.

The Kellogg Company

The Kellogg Company has released a line of pre-portioned, single-serve healthy snacks which help in controlling calories. Their website also offers tips and ideas for people who crave snacks to keep their calories under control. They have also released the Special K Cranberry bar, breakfast bars, cookies, and many more such items which are healthy and delicious.

Frito-Lay North America, Inc.

Frito-Lay has released a line of snacks called SMIPLY snacks, which boast of great taste, with no artificial flavoring, and have reduced fat content. The chips also have added nutrients, such as Vitamin D, Calcium, Iron, Potassium, and many more.

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Global Zero Calorie Chips Market by Category

By Source:

Potato
Tapioca
Tortilla

By Distribution Channel:

B2B
- Quick Service Restaurants
- Coffee Shops
B2C
- Online Stores
- Store based Retailing
- Convenience Stores
- Store based Retailing
- Convenience Stores
- Hypermarkets/Supermarkets
- Specialty Stores
- Discounters
- Small Grocers

By Price Range:

Economy
Midrange
Premium

By Packaging Type:

Pouches
Box
Combination pack

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.

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Contract Furniture Market is Set to Reach USD 268.86 Billion by 2033 | Says FMI

In 2023, the contract furniture market is anticipated to have a valuation of USD 148.72 billion. Future Market Insights predicts that the market is anticipated to expand at an adequate CAGR of 6.1% and reach a value of USD 268.86 billion by 2033.

The smart furniture market is experiencing rapid expansion, offering functionalities such as internet browsing, mobile device charging, listening to news or radio, and more.
This trend is considered to be the future direction of the furniture industry, catering to the evolving needs and preferences of consumers.
However, the growth of the contract furniture sector is being hindered by the increasing costs of raw materials, including springs, wood, textiles, mechanics, feathers, and packaging.

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Key Takeaways:

In 2022, the United States was expanding at a market value of US$ 13.89 billion in the contract furniture market, and continues to expand at an expected CAGR of 5% by 2033.
The contract furniture market was significantly expanding, with a size of US$ 140.17 billion in 2022.
The market in the United States is anticipated to expand at a valuation of US$ 23.76 billion by 2033, as a result of ongoing innovation by existing players.
Due to the market’s enormous potential and expanding e-commerce sector, analysts expect it is likely to rise 1.06 times between 2022 and 2023.
The United Kingdom market is expected to develop at a prodigious CAGR of 4.8% by 2033.
The Asia Pacific contract furniture market is likely to hold a 10 to 12% share in the global furniture industry.
Based on product type, chairs & stools dominated the market with a share of 34.15% in 2022 and continued to lead the market during the forecast period.
Based on end user, corporate offices dominated the market with a share of 42.4% in 2022, and continues to lead the market during the forecast period.
Based on distribution channels, the offline segment dominated the market with a share of 77.15% in 2022 and continues to lead the market during the forecast period.

Critical Approaches Increasing Top Players’ Wealth

The primary focus of businesses is on offering a variety of furniture solutions for commercial settings like offices, hotels, and restaurants. The introduction of various new entrepreneurs, who are using cutting-edge technologies and novel business models to disrupt the market, further defines the competitive landscape of the contract furniture market.

These businesses are primarily concerned with offering customers ergonomic and environmentally friendly furniture options, which are in high demand.

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Recent Developments

The home and workplace underwent transformation, with the merging of Herman Miller and Knoll in 2021, which produced the dominating leader in contemporary design.
In July 2022, Kokuyo paid US$ 75 million to purchase the Lamex Office Furniture division of HNI Company in China and Hong Kong.
On April 22, 2022, Fursys Inc. and Sidiz Inc. reached an agreement to sell FURSYS VN Ltd. to Fursys Inc. for KRW 50 billion. A transaction board decision was reached on April 22, 2022. The agreement was finalized on May 6, 2022.

Key Segments

Contract Furniture by Product Type:

Contract Furniture as Chairs & Stools
Contract Furniture as Tables & Desks
Contract Furniture as Storage Furniture
Contract Furniture as Sofa & Couch
Others

Contract Furniture by End Users:

Contract Furniture for Government
Contract Furniture for Corporate Offices
Contract Furniture for Institutional,
Contract Furniture for Healthcare/Medical Facilities,
Contract Furniture for Hospitality
Others

Contract Furniture by Distribution Channels:

Contract Furniture on Online Platform
Contract Furniture on Offline Platform

Contract Furniture by Region:

Contract Furniture in North America Market
Contract Furniture in Latin America Market
Contract Furniture in Europe Market
Contract Furniture in East Asia Market
Contract Furniture in South Asia & Pacific Market
Contract Furniture in Middle East and Africa (MEA) Market

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.

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North America Sporting Goods Market Estimated to Reach US$ 336.32 Billion by 2033

In 2023, the North America sporting goods market is registering a valuation of US$ 148.75 billion, projected to reach US$ 336.32 billion by 2033. Securing a CAGR of 8.5% during the forecast period.

Growth Factors:

Increasing Participation in Sports and Fitness Activities: The growing awareness of a healthy lifestyle has resulted in higher participation rates in sports and fitness activities, consequently driving the adoption of sporting goods.
Growing Popularity of Outdoor Recreation Activities: The rising preference for outdoor recreation has fueled demand for sporting goods such as camping equipment, bicycles, and hiking gear.
Rising Disposable Income: With an increase in disposable income, consumers are more inclined to invest in sports and fitness equipment, driving the growth of the sporting goods market.

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There has been a growing trend toward incorporating technology into sporting goods in recent years. It helps individuals to monitor and track their physical activity and progress toward their fitness goals.

This technology can help individuals stay motivated and engaged in their fitness routines. Healthcare professionals also help in tracking the progress of patients in rehabilitation or physical therapy programs. While the North America sporting goods market is not directly involved in helping patients, its products can promote physical activity.

Key Takeaways of Growth in the North American Sporting Goods Market:

Health and Wellness: Growing awareness of health benefits associated with physical activity fuels demand for fitness equipment, apparel, and footwear.
Rising Disposable Income: Increased discretionary spending in developing regions like Mexico contributes to market expansion.
Outdoor Activities: Increased participation in hiking, camping, and other outdoor pursuits drives demand for specialized equipment and apparel.
Athleisure Trend: Blending of athletic and casual wear creates a larger market for comfortable and stylish sportswear.
Technological Advancements: Integration of technology in sports equipment (e.g., smart fitness trackers) enhances performance and attracts tech-savvy

Innovation in Sporting Goods by Key Players Upsurge the Market Growth

Key players play a crucial role to innovate products in the North America sporting goods market. Manufacturers constantly look for ways to improve their products through new materials, designs, or technology.

In recent years, we have seen a significant increase in the use of technology in sporting goods. For example, wearable fitness trackers, smart sports equipment, and virtual reality (VR) training systems have become increasingly popular. These technologies have helped to monitor physical activity and track progress toward fitness goals.

Another area of innovation has been using sustainable materials and manufacturing processes. Consumers are increasingly concerned about the environmental impact of the products they use. Therefore, many sporting goods manufacturers have responded by developing products made from eco-friendly materials.

Innovations in design have also played a role in the growth of the sporting goods market. Manufacturers are developing products that are functional but also stylish. They have further helped to expand the market beyond traditional sports enthusiasts to a wide audience.

Overall, innovation in sporting goods by key players has helped to drive market growth by changing the preferences of consumers. Technology advances and consumers become more environmentally conscious are expanding the market size further.

North America Sporting Goods Market- Major Players

Nike Inc., Adidas AG Under, Armour Inc., Puma SE, New Balance Athletics Inc., Columbia Sportswear Company, VF Corporation, Skechers USA Inc., ASICS Corporation, The North Face Inc., YETI Holdings Inc., Callaway Golf Company, Dick’s Sporting Goods Inc., Hibbett Sports Inc., Academy Sports + Outdoors

Recent Developments in the North America Sporting Goods Market

Nike: Nike has been focused on expanding its digital capabilities, including investing in mobile apps and e-commerce platforms. They have also been prioritizing sustainability to use 100% renewable energy across their operations by 2025.
Adidas: Adidas has been focused on innovation and sustainability. They have developed new materials, such as recycled polyester and are exploring 3D printing technology to create sustainable products. They have also invested in e-commerce and digital marketing to reach young consumers.
Under Armour: Under Armour has been focused on streamlining its operations and cutting costs after struggling financially in recent years. They have also invested in new technology and products, such as connected fitness devices and breathable fabrics.
Puma: Puma has been expanding into new markets, particularly in Asia. They have also been investing in sustainability to reduce their carbon footprint and use sustainable materials in their products.
Columbia Sportswear: Columbia Sportswear has been focused on expanding its product offerings beyond outdoor apparel and footwear. They have been investing in new technologies, such as breathable and waterproof fabrics, and expanding their direct-to-consume

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North America Sporting Goods Market by Category

By Distribution Channel:

Online
Offline

By Sports Type:

Racquet Sports
Ball Sports

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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Non-GMO Food Products Market Forecasted to Reach USD 144.3 Billion by 2031: FMI Report

Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of US$ 144,322 Mn in 2031.

The worldwide non-GMO food products market will gain traction as consumer demand grows due to changes in dietary trends like healthy eating, opting for natural food products, etc. This change is driven by an increase in the number of health-related issues and raising awareness of the harmful consequences of eating genetically modified foods.

Rise of smart labels that facilitate instant access to product-specific information is another factor that is propelling the growth for transparent non-GMO food manufacturers globally. The market is anticipated to cross a market value of US$ 3.4 Bn by the end of 2031.

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Key Takeaways of non-GMO Food Product Market Study

Grains and Cereals will dominate market demand with a multiplying growth rate of 22% through the end of 2029.
Bakery & Confectionary products present gainful opportunities with a stupendous growth rate of 19% during the forecast period.
Dairy products is another segment that will register a CAGR of 16% from 2019 to 2029.
Indirect distribution channels will maintain share-wide and growth-wise dominance throughout the forecast period.
North America and Latin America collectively account for more than half of total market value. This can be attributed to the early adopting nature of North American countries and rising millennial population in Latin America.

Consumer Preferences Shape Growth Trajectory

Increase in purchase potential and decrease in production costs is creating remunerative synergy in the market. This is fueled by advancements in packaging and labelling along with proactive consumer participation. Major players are investing in developing consumer communities that support long-term revenue generation.

The non-GMO food products market is dependent on consumer awareness and prevalence of plant-based and vegan diets that require daily consumption of food products manufactured from non-genetically modified organisms.

Who’s Wining?

Competitive landscape in non-GMO food products market is fragmented with the presence of multinationals, niche-manufacturers, and SMEs. Major players that shape the global non-GMO food products market are Cargill, Inc., Associated British Foods Plc, General Mills Inc., Kraft Heinz, Archer Daniels Midland Company, Danone, Nestle S.A., The Hain Celestial Group Inc. Key players in the market are forging strategic partnerships that ensure sustained revenue prospects.

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Market Segments Covered in Non-GMO food products Industry Analysis

By Nature :

Organic
Conventional

By Product :

Grain and Cereals
- Wheat
- Soya
- Corn
- Others
Bakery and Confectionery
- Bread
- Pastry
- Candy
- Others
Beverages
- Alcoholic Beverages
- Non-Alcoholic Beverages
Dairy Products
- Yogurt
- Cheese
- Ice cream
- Others
Infant Food
Condiment, Dressing, & Oil
- Vegetable Oils
- Jam, Jellies
- Syrups
Others (Spices, soups, etc.)

By Distribution Channel :

Direct Sales/B2B
Indirect Sales/B2C
- Supermarket/Hypermarket
- Wholesaler
- Online Retail
- Specialty Stores
- Other Retail Format

Region :

North America
Latin America
Europe
East Asia
South 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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Diamond Jewelry Market to Surpass USD 552.74 Billion by 2033 | Says FMI

The global diamond jewelry market is projected to be valued at USD 355.93 billion in 2023, with an expected compound annual growth rate (CAGR) of 4.5%. By 2033, the market is forecasted to exceed USD 552.74 billion.

The diamond jewelry industry has experienced remarkable growth in recent years, primarily driven by the increasing demand for diamond jewelry across various regions globally. As a result of growing consumer spending, luxury diamond jewelry products have become more accessible to the public, thereby driving the market growth. In addition, technological advancements in diamond cutting and polishing techniques have led to the production of high-quality diamonds, boosting the market further.

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The industry also faces certain restraints, such as the increasing cost of raw materials, particularly diamonds, which may deter consumers from purchasing high-end diamond jewelry products. Furthermore, ethical concerns regarding the sourcing of diamonds and their potential links to conflict zones have also created challenges for the industry. Additionally, economic uncertainties and fluctuations in the global diamond market have impacted the industry’s growth.

Despite the challenges, the diamond jewelry industry presents significant opportunities for growth in the coming years. The industry can leverage the increasing adoption of e-commerce and online sales channels to reach a wide audience and expand its customer base. Moreover, the rise of sustainable and ethical diamond mining practices could further enhance the industry’s growth potential by attracting environmentally conscious consumers.

The latest trends in the diamond jewelry industry include a shift towards customization and personalization of jewelry, particularly engagement rings and wedding bands. The industry is also witnessing a growing trend of lab-grown diamonds, which are eco-friendly and ethically sourced, providing an alternative to mined diamonds. Additionally, colored diamonds are gaining popularity among consumers, particularly pink and yellow diamonds, which are often used in bespoke and high-end jewelry products.

Key Takeaways from the Diamond Jewelry Market:

With an estimated market share of 40% in 2022, the United States is the world’s significant market for diamond jewelry.
Germany’s diamond jewelry industry is well-established, with a market share of around 6% in 2022.
With a market share of 16% in 2022, China is the rapidly-growing market for diamond jewelry.
Japan has a rich history of diamond jewelry, with a market share of about 8% in 2022.
The round brilliant cut diamond dominates the diamond jewelry industry, accounting for more than 75% of all diamond sales
The VS2 clarity grade is the most popular in the diamond jewelry industry, recording roughly 30% of the market by 2033.
Near colorless diamonds dominate the color spectrum in the diamond jewelry industry, accounting for roughly 60% of the market.
The most popular carat weight in the diamond jewelry industry is 1.00 carat, holding nearly 30% share of all diamonds sold.

How Players Are Revolutionizing the Industry Landscape?

The diamond jewelry industry is fiercely competitive, with several key players vying for dominance in the market. The landscape of the industry is constantly evolving, with new entrants and technological advancements creating new challenges and opportunities for established players.

One of the leading players in the market is De Beers Group, a mining and trading company that has been involved in the diamond industry for over a century. De Beers controls a significant portion of the global diamond supply and has a strong presence in both the mining and retail sectors.

Another prominent player in the industry is Tiffany & Co., a luxury jewelry retailer that is known for its high-quality diamonds and iconic blue box packaging. In 2020, the company was acquired by LVMH, a multinational luxury goods conglomerate.

Online retailers like Blue Nile and James Allen have also emerged as significant competitors in the diamond jewelry industry, leveraging technology to offer customers a wide selection of diamonds at competitive prices. In addition to these established players, several small boutique jewelers specialize in custom or unique pieces of diamond jewelry. These small players often cater to a niche market and differentiate themselves by offering personalized customer service and one-of-a-kind designs.

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Key Players in the Diamond Jewelry Industry:

Tiffany & Co.
Bulgari S.p.A.
Cartier
Signet Jewelers
De Beers plc
Pandora Jewelry, LLC
Chow Tai Fook Jewellery Group Limited
Swarovski AG
Petra Diamonds Limited
Trans Hex Group

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.

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Gluten-free Bakery Premix Industry to Achieve USD 1,323.2 Million Market Value by 2033

The gluten-free bakery premix market is forecasted to garner revenue of US$ 1,323.2 million by 2033, up from US$ 505 million in 2023 advancing at a rate of 10% from 2023 to 2033.

The gluten-free bakery premix market is experiencing significant growth as it caters to the increasing demand for health-conscious and sustainable baking solutions.

Consumers are seeking gluten-free options due to medical concerns or dietary preferences, leading to a rising need for high-quality premixes that ensure both taste and nutritional value. Additionally, the market is driven by the growing trend of clean label and allergen-free products, as consumers prioritize transparency and natural ingredients.

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Manufacturers are innovating to meet these evolving demands, developing premixes that replicate the texture, flavor, and aroma of traditional bakery products.

With a focus on clean, allergen-free ingredients and sustainable practices, the market for gluten-free bakery premix is well-positioned to capitalize on these market trends and offer a diverse range of options to health-conscious consumers.

Another key driver of the market is the evolving preferences of consumers who demand baked goods that are not only gluten-free but also nutritious and delicious.

Gluten-free bakery premixes provide an essential solution by ensuring the texture, taste, and aroma of gluten-free products closely resemble their gluten-containing counterparts.

With advancements in formulation techniques, manufacturers are able to offer a wide range of premixes that produce bakery items with excellent taste, softness, and shelf-life, meeting the growing expectations of discerning consumers.

Developing gluten-free bakery premixes that replicate the taste, texture, and performance of gluten-containing products can be challenging. Gluten plays a crucial role in providing elasticity and structure to baked goods, so formulating substitutes requires careful consideration of various alternative flours and ingredients.

Despite the challenges that exist in the market, the market is anticipated to witness continued growth due to the rising prevalence of gluten-related disorders, increased consumer awareness of gluten-free diets, and the ongoing pursuit of healthier lifestyles.

Advancements in ingredient sourcing, manufacturing processes, and packaging technologies further drive the market’s growth and foster product innovation.

Key Takeaways:

The gluten-free bakery premix market value reached US$ 486 million in 2022 with a CAGR of 3.7% from 2018 to 2022.
The market in the United States of America is projected to account for a 20.7% share in 2022 on a global level.
The United Kingdom gluten-free bakery premix industry is projected to advance at 9.8% CAGR from 2023 to 2033.
The value share for the gluten-free bakery premix industry in Japan accounts for approximately 3.6% in 2022.
India’s market for gluten-free bakery premix is predicted to progress steadily with a CAGR of 13.0% during the projected period.

How Intense is the Competition in the Gluten-free Bakery Premix Industry?

The competition in the gluten-free bakery premix industry is intense as an increasing number of companies recognize the growing demand for gluten-free products and the potential of this market segment.

Key players in the industry are continuously expanding their product portfolios, investing in research and development, and seeking innovative formulations to differentiate themselves in a crowded market. Additionally, new entrants are emerging, further intensifying the competition.

With a focus on product quality, taste, nutritional value, and clean label ingredients, companies are striving to capture market share and gain a competitive edge in meeting the diverse needs and preferences of health-conscious consumers seeking gluten-free bakery solutions.

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Segmentation Analysis

By Application:

Bakery
Confectionery
Restaurant
Household

By Product Type:

Bread
Muffin
Cakes
Hamburgers
Pizza Bases
Other Product Types

By Distribution Channel:

Direct Sales
Indirect Sales

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.

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United States School Furniture Market are Likely to Surge at 5.5% CAGR During Forecast Period By 2033

In 2023, the global United States school furniture market is projected to hit US$ 2 billion, with overall sales expected to soar at a 5.5% compound annual growth rate (CAGR). By the end of 2033, the forecasted market valuation is anticipated to reach US$ 3.42 billion.

The United States school furniture market is experiencing notable shifts and influences, with one prominent trend being the increasing demand for flexible seating solutions within classrooms. This trend is propelled by a growing awareness of posture issues among children, prompting a need for more ergonomic furniture designed to facilitate movement and enhance comfort.

In response, schools are embracing various flexible seating arrangements, including school chairs, yoga balls, couches, and springy stools. These options offer students greater autonomy over their comfort levels while providing ample room for movement. Moreover, they offer versatility in space management, allowing for easy rearrangement to accommodate diverse classroom activities.

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A second key influencer of the United States school furniture market is government investment in programs to promote schools’ building and population. For instance, in 2019 the Obama Administration invested US$ 1 billion to give every child preschool education; this acted as a driving force that saw most states increase their investment on early learning. Both the present Joe Biden administration also intends to maintain these programs through universal pre-kindergarten education of a high level for all three and four years in the country.

The government’s investment in education has a significant impact on the classroom furniture market, as it leads to an increase in the number of schools being built and the number of students enrolled. This, in turn, drives the demand for classroom furniture, including school chairs, desks, and other essential classroom furniture.

Innovations in the classroom furniture market have also played a significant role in driving demand for advanced commercial furniture that is aesthetically appealing, multipurpose, and ergonomic. For instance, MiEN Company, which serves the education industry with innovative furniture products, introduced its DIY backless chair in November 2020. The product is designed for active learning environments that encourage students to strengthen their core in a ready-to-learn position. Its backless design allows the school chair to be easily stored away under tables when students prefer to stand, optimizing space in the classroom.

As the education sector continues to advance, traditional classroom furniture is being replaced by more innovative designs that prioritize comfort, versatility, and aesthetics. The new dynamic teaching styles such as blended learning and flipped classrooms require adjustable and portable furniture that can be reconfigured easily. Due to this, there is an increase in the ergonomic designs, improved aesthetics, and multipurpose nature of classroom furniture.

Key Takeaways

The classroom segment dominated the application type in 2022, accounting for about 76% of revenue.
The library and labs segment is projected to grow at a CAGR of 4.6% during the forecast period.
The growing emphasis on ergonomics, flexibility, and collaborative learning is driving demand for innovative classroom furniture.
The increasing student enrollment in schools across the country is contributing to the need for school chairs and tables in classrooms.
Rising raw material costs and supply chain disruptions are restraining market growth.
The market is highly competitive, and companies are adopting strategies like product innovation and strategic partnerships to gain a larger market share.
The increasing adoption of green initiatives and sustainable manufacturing practices is expected to create new opportunities in the market.

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Competitive Landscape

The competitive landscape in the United States school furniture market is highly fragmented, with numerous players vying for market share. Established players like Herman Miller, Steelcase, HON, and Knoll, who have a strong brand presence and extensive distribution networks, dominate the market. However, there are also many smaller regional players who focus on specific niches within the market.

To stay ahead of the competition, market players are also using mergers and acquisitions to expand their reach. For example, Steelcase, Inc. introduced Edvi, a colorful and functional personal storage solution supported by engineered jigs and fixtures that can also function as a mobile seating solution. Steelcase, Inc. also acquired HALCON, a Minnesota-based manufacturer of precision-tailored wood commercial furniture for the workplace, to complement its current portfolio of wood products and offer design and craftsmanship to professionals and customers.

Key Segments

Product Outlook:

Seating Furniture
Storage Units
Lab Furniture
Other School Furniture

Application Outlook:

Classroom
Library and Labs
Others

Region:

North America
Latin America
Asia Pacific
Middle East and Africa
Europe

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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.

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Activated Charcoal Supplements Market Growth Driven by Health and Beauty Trends by 2029

The global activated charcoal supplements market will grow at a robust 11% CAGR during the forecast period, 2019-2029. Stringent government norms to address industrial pollution is likely to propel the usage of activated charcoal supplements in applications such as water treatment, and air purification. Upsurge in preventative healthcare practices is also likely to fuel the growth engine of the market.

Activated charcoal will garner increasing consumer demand on the back of increasing end-use industry applications and awareness about its medical properties. The market is set for an astounding growth trajectory of more than 11% from 2019 to 2029. Major drivers of this growth are multiplying consumer traction from millennials as well as the geriatric population, and government regulations on industrial wastewater treatment. Activated charcoal supplements are effective in treating indigestion, diarrhea, and flatulence conditions. It is manufactured from eco-friendly raw materials such as coconut shells, olive stoners, peat, fruit pits, and sawdust.

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Activated Charcoal Supplements Market – Key Takeaways

Given its highly soluble nature, powder form will maintain leading revenue share; tablets to see demand from geriatric consumers.
Drug stores will account for maximum sales, followed by health & beauty stores that target the millennial population.
North America and Europe continue to stay at the forefront; East Asia exhibits staggering growth.
Adoption in wastewater treatment, automotive, and industrial applications to widen growth opportunities.

Activated Charcoal Supplements Market – Key Driving Factors

Expanding the patient pool of intestinal diseases will be a key factor driving the growth of activated charcoal supplements market.
Organic origin of activated charcoal supplements to bolster their consumption.
Health benefits associated with activated charcoal supplements to find use among health-conscious consumers.
Increasing application in various industrial end uses owing to the versatility of activated charcoal supplements.

Activated Charcoal Supplements Market – Key Restraints

The non-uniform availability of raw materials remains a hindrance in the activated charcoal supplements market
Strict regulatory framework poses a challenge for conventional producers of activated charcoal supplements

Competition Landscape of Activated Charcoal Supplements Market

Players in the activated charcoal supplements market are focusing on R&D activities, and adopting industry 4.0 technologies such as Industrial Internet of Things (IIoT), cloud computing, artificial intelligence (AI), and machine learning (ML). Prominent manufacturers in the activated charcoal supplements market include ADA-ES, Inc., Boyce Carbon, Jacobi Carbons AB, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, Evoqua Water Technologies LLC, Osaka Gas Chemicals Co, Oriental Trading Co., Ltd., and Kalpachar Products Pvt.

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Market Segmentation

The global activated charcoal supplement market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

Capsules
Tablets
Powder
Others (Granules, Gel, etc.)

By Sales Channel

Drug Stores
Health & Beauty Stores
Modern Trade
Third-Party Online Channels
Company Online Channels
Practitioner Channels

By Primary Function

Antidiarrheal
Detoxification
Anti-Bloating

Region

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

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Yeast Autolysates Market Projected to Reach USD 2708.6 Million by 2031

According to recently released data from Future Market Insights’ analysis of the yeast autolysates market, worldwide consumption of yeast autolysates increased by 5.2% year over year (YoY) in 2031, with total sales reaching US$ 1556.3 Mn.

The overall demand for yeast autolysates currently accounts for 37% of the worldwide yeast market and is anticipated to increase significantly at a 5.7%CAGR to reach US$ 2708.6 Mn in 2031.

The yeast autolysates market is emerging as a specialty yeast product as an inactive yeast rather than an active yeast product derived from natural yeast with yeast autolysis technology from both brewer’s yeast and baker’s yeast in yeast extract or yeast powder format and being used in feed yeast and yeast microbial nutrition contained with high yeast protein with other product categories, such as nutritional yeast, organic yeast, and dry yeast.

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Health is the main driving force for food and beverage consumption in today’s world, following price and taste, due to the rising occurrence of various disease outbreaks and health problems around the world. Consumers have become selective about the products are being consumed while taking all the preventive measures as a result of the current scenario of the Covid-19 pandemic.

This rising non-GMO product demand is expected to intensify the production of yeast autolysates, being rich in protein and nutritional contents with rapidly increasing research and development activities and using advanced technologies. Yeast autolysates come with the entire spectrum of nutrients and a lot of high-functional proteins, including peptides, free amino acids, valuable minerals, as well as vitamins, and trace elements.

As a result, the product can be used to any range of applications in both the food and feed industries from fermentative food production to different categories of animal feed products, such as poultry, aquaculture, and pet food. If the product is very pure in quality, being a clean label ingredient, it can easily be considered as a natural flavoring ingredient.

The unique features and being a natural ingredient, consumer preference for this healthy and nutritious food product is rising with each passing day. Further, the product can easily be GMO-free, Halal and Kosher certified, and does not contain any gluten. Even more, easy accessibility of resources, yeast being the most convenient fungi to produce in terms of price and affordability, the end product price comes under a reasonable range, which is boosting the market growth.

Who is winning?

Key players are focusing on having modern state-of-the-art centres to revamp the production of more quality based and flavourful yeast autolysates. As the consumption of the product is rising rapidly, manufacturers are more prone to focus on research and development to increase the product lines.

One of the leading players, Koninklijke DSM N.V., has taken a further step in the industry and set up a development site in Delft with a modern food and application centre. The company has invested together with other industry players as well in a biotech fermentation pilot plant, named as Rosalind Franklin Biotechnology Centre, on the site for industrial productions of Yeast autolysates flavor and antibiotic intermediates.

As more players are into innovation centres to ensure market position with R&D, a smooth and consistent supply of yeast autolysates is expected to maintain the production and consumption cycle of the product intact. Some of the leading companies offering yeast autolysates are Lallemand Inc., Koninklijke DSM N.V., Leiber GmBH, Kerry Group, KOHJIN Life Sciences Co., Ltd., Biospringer, Archer Daniels Midland Company, Angel Yeast Co., Ltd, Titan Biotech Ltd., Fuji Foods Corporation and others.

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Yeast Autolysates by Category

By protein concentration :

≥ 50%
< 50%

By end use :

Feed Industry
Poultry
Pet Food
Ruminants
Aquaculture
Fermentation
Microbial Nutrients
Others

By region :

North America
Latin America
Europe
Asia Pacific
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.

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Website: https://www.futuremarketinsights.com
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