Rice Bran Oil Market to Reach US$ 18.95 Billion by 2033, Propelled by Demand for Nutrient-Dense Foods, Despite Health Advisory

The rice bran oil market is likely to be valued at US$ 7.94 billion in 2023 and is expected to be worth US$ 18.95 billion by 2033. The sales of rice bran oil are expected to register a CAGR of 9.09% during the forecast period.

The use of rice bran oil has increased dramatically due to its numerous health advantages. This is accelerating the market’s expansion along with the growing demand for nutrient-dense, low-fat foods and beverages.

Since rice bran oil contains more monounsaturated, polyunsaturated, and saturated fats than other vegetable oils, it is not recommended for use by the American Heart Association or the World Health Organisation (WHO).

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This oil has become a crucial ingredient in the cosmetics and pharmaceutical sectors because it includes oryzanol, which promotes hair development, shields the skin from UV radiation, and delays the signs of aging.

Rapid urbanization, rising disposable incomes, shifting lifestyles, active marketing campaigns by manufacturers, and expanding penetration in both established and emerging economies are further important drivers driving the market’s expansion.

Key Takeaways

  • Due to several emerging rice-producing nations including Japan, India, and China, the Asia Pacific region is predicted to hold a significant share of the global rice bran oil market. In 2020, the market in Asia Pacific was valued at US$ 4.68 billion, and in the years to come, it is anticipated to take a commanding share of the market.
  • North America is anticipated to experience rapid growth during the forecast period. Key manufacturers are also increasing their investments in expanding areas like Europe and North America by releasing new products, which may fuel the industry’s expansion.
  • Over the projection period, the online segment is anticipated to register a CAGR of 5.59%. The expansion of this market is being driven by the popularity of e-commerce websites and surging manufacturers creating their websites. Additionally, higher consumer disposable income and higher living standards, particularly in developing regions, are likely to increase product sales via online channels.
  • Market growth is anticipated to be aided by the increased demand for nutrient-dense food components and changing dietary habits, driving the market share of the food and beverage segment.

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Competitive Landscape

The market for rice bran oil has a highly fragmented competitive environment, with numerous regional and local competitors vying to gain market share. The top producers in the international market are Adani Wilmar and Cargill, Inc. To expand their market position, top corporations are forming joint ventures. For instance, to expand their footprint in other nations like Singapore and promote their products to a wider client base, Adani Group formed a 50-50 joint venture with Wilmar International. As a result, the market share of these oil producers has grown recently in both developed and emerging nations.

Latest Developments

N.K. Proteins Pvt Ltd., an Indian business, announced in June 2021 to introduce the brand ‘Tirupati’ to the market to appeal to health-conscious consumers.

August 2019 – The United States-based corporation Cargill, Incorporated announced the expansion of Gemini’s current rice bran oil product line. Gamma oryzanol is claimed to be 40% more abundant in the product than in other standard oils.

Key Players

  • Adani Wilmar
  • Modi Naturals
  • Marico
  • Conagra Foods
  • BCL Industries Limited
  • King Rice Oil Group
  • California Rice Oil Company

Given Below are the Rice Bran Oil Market Segments

By Type:

  • Organic
  • Non-organic

End User:

  • Food and Beverages
  • Industrial Application

By Region:

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

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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 over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Full-Service Restaurants Projected to Hit US$ 1.93 Trillion by 2033, Riding on Rising Demand for Dining Experiences in Europe, USA, and Globally

The full-service restaurant market is predicted to be worth US$ 1.51 trillion in 2023, rising to US$ 1.93 trillion by 2033. The demand for full-service restaurants is anticipated to mark a CAGR of 2.5% during the projected period.

Full-service restaurants have become more and more popular because of their wide menu options, relaxed atmosphere, and attentive service. An increasing number of people are looking for quick and easy dinner options as a result of urbanization. Customers can enjoy a stress-free dining experience at full-service restaurants, which provides a respite from their hectic lives. These factors are what propel full-service restaurants’ widespread adoption over the anticipated period.

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Consumer food preferences are shifting as they seek new and unique dining experiences. Full-service restaurants have responded to this trend by offering various gourmet and ethnic cuisine options, attracting food lovers and adventurous diners. In addition, an increasing number of women entering the workforce has led to a shift in traditional gender roles, with more disposable income and dining out more often. Full-service restaurants cater to this demographic by offering a range of menu options and a relaxed atmosphere.

The expansion of the full-service restaurant market share has also been aided by the expanding travel and tourism sector. Tourists frequently look for distinctive dining experiences, and full-service restaurants provide a wide range of menu options and a welcoming ambience that appeals to both domestic and foreign visitors.

Quick-service and casual dining establishments, which provide more economical menu options and quicker service, compete with full-service eateries. Due to this, it has become more challenging for full-service restaurants to draw in budget-conscious clientele. Additionally, the profitability of full-service restaurants has been impacted by the rising cost of food and labour. Restaurant businesses are under pressure to maintain profit margins due to rising food costs and higher minimum wages.

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Key Takeaways from the Full-Service Restaurants Market:

  • The chained consumer food service segment dominates the full-service restaurant industry, accounting for more than 56% of the market in 2022.
  • Casual dining restaurants are the market leader in the full-service restaurant industry, accounting for 62% share in 2022.
  • The full-service restaurant business in the United States accounts for a sizable portion of the global market, with a share of over 45% expected in 2022.
  • A sizable market share, approximately 30% in 2022, is held by the full-service restaurant industry in China.
  • Germany’s market share in the full-service restaurant sector was approximately 25% in 2022, according to FMI.
  • In 2022, the Japanese full-service restaurant industry accounted to hold a market share of roughly 20%.

Who is Winning?

The full-service restaurants market is highly competitive, with several well-established players in the market. The leading players in the market include Applebee’s, Red Lobster, Olive Garden, and others. These players are focusing on expanding their market presence through new restaurant openings, menu innovation, and strategic partnerships.

Recent Developments in the Full-Service Restaurants Market

  • In August 2019, Applebee’s introduced its new nationwide delivery network, in which the company will deliver its food and other products to the doorstep, anywhere in the United States.
  • In 2019, Red Lobster inaugurated its new restaurant in Deer Park, New York, focusing on increasing its market presence and market share in the regional, full-service restaurants market.
  • Olive Garden has recently launched its new menu items, including gluten-free options and vegetarian dishes, to cater to the growing demand for healthier and more diverse food options. This move is aimed at attracting health-conscious customers and maintaining its market share

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Key Segments

By Model:

  • Independent Consumer Foodservice
  • Chained Consumer Foodservice

By Service:

  • Casual Dining Restaurants
  • Fine Dining Restaurants

By Location:

  • Standalone
  • Retail
  • Travel
  • Leisure
  • Hotels

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The 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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

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Future Market Insights Inc.
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T: +1-845-579-5705
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Cutting Edge Growth: Anticipating Revenue Surge and Technological Leaps in the Automatic Dicing Saw Market by 2033

According to latest research by Future Market Insights, automatic dicing saw market is set to witness steady growth during 2023 to 2033. The demand will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Growing semiconductor industry will amplify the opportunities in near future, and the application of automatic dicing saw in military & defense sector will provide momentum.
What is Driving Demand for Automatic Dicing Saw?Automatic dicing saws are involved in cutting process controlled automatically through software programming. Various applications of the product include cutting semiconductor and ceramic materials into almost any shapes with straight edges.

The significant demand for dicing saw comes from electronics and semiconductor industry where gradual increase in mass production and sales of various wafer dicing saw products and chiller for semiconductor production per year across the world.

In addition to traditional applications in semiconductor industry, the adoption is growing in the automotive and defense sector. The product has significant application in power modules, MEMS & Sensors for the automotive, industrial, mobile and medical market.

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Semiconductor Industry Growth to be the Torch Bearer for Automatic Dicing Saw Sales

Rising demand for number of semiconductor devices required for data centers and IoT and along with increasing self-driving cars, component manufacturing sector are some of the major factors to drive the automatic dicing saws sales.

With penetration of semiconductors in almost all industry verticals the market is anticipated to witness growth. Manufacturers are focused on reducing footprints while improving production capacities at the same time, hence sales are likely to improve over the course of the assessment period.

Asia Pacific Market Outlook

Asia-Pacific being the major semiconductor components production hub in the world and is anticipated to remain so for the coming years. Growing initiatives by the Chinese government such as Vision 2020 have strongly drawn attention from the international players to set up local production establishments. China remains worlds’ leading semiconductor manufacturer and hence significant demand for dicing saws.

Another emerging country in the region, Vietnam, has witnessed the recent rise in customs duties on imported electronics is creating a critical role in attracting tier one players like Apple to set up local plants.  Again, study by SEMI, a prominent global association serving the manufacturing supply chain of the electronics industry, suggested that more than 90% of the foundries constructed in the world during 2017 were situated in the Asia Pacific.

It is anticipated that most of these foundries are focused in Japan & China which is expected to open up better opportunities for the automatic dicing equipment in the long term.

Europe Demand Outlook for Automatic Dicing Saw

Some of the leading product manufacturers in Europe are focused on supplying the smallest fully automatic Blade Dicers in the world, setting new standards with their small footprint and high-efficiency which is further creating opportunities for growth in the region.

Who are the Key Manufacturers and Suppliers of Automatic Dicing Saw?

Some of the leading manufacturers and suppliers of Automatic Dicing Saw include

  • DISCO Corporation
  • Dynatex International
  • TOKYO SEIMITSU
  • Loadpoint Micross Components
  • SR Co., Ltd
  • Advanced Dicing Technologies Ltd. (ADT)
  • Shenyang Heyan Technology Co., Ltd.
  • Accretech.

Major OEM companies dealing in automatic dicing saw business are providing semi as well as fully automatic dicing saws to suit a wide range of application requirements, from semiconductor research and development, through to medium and high volume production applications. Suppliers offers the equipment with a variety of capabilities, configurations as well as levels of automation, as well as peripheral accessories and instrumentation, to cater to an ever-growing range of buyer requirements.

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

Automatic Dicing Saw Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Key Segments of Automatic Dicing Saw MarketBy Type:

  • Semi – Automatic
  • Full – Automatic

By Application:

  • Silicon wafers Dicing
  • Semiconductors Dicing
  • Glass sheets Dicing
  • Ceramic Dicing
  • Others

By Dicing Blade:

  • Nickel-Bond Dicing Blades
  • Resin-Bond Dicing Blades
  • Metal Sintered Dicing Blades

By End-use Industry:

  • Electronics & Semiconductor
  • Military & Aerospace
  • Telecommunications
  • Universities
  • Passive Component Manufacturing

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Fish Collagen Peptides Market Set to Reach US$ 1.2 Billion by 2033 Fueled by Rising Demand for Nutritional Supplements and Health-Conscious Lifestyles

The fish collagen peptides market is predicted to capture a valuation of US$ 783.75 million in 2023 and is projected to rise to US$ 1,217.14 million by 2033. The market is estimated at a CAGR of 4.5% during the forecast period.

The increasing need for fish collagen peptides is being driven by the growing prevalence of nutritional inadequacies, frailty, and bone loss. Companies are adding more fish collagen peptides to their foods and drinks in an attempt to preserve adequate nutrition and enhance health. The market potential is being driven by the increasing demand for healthy lifestyles and the attractiveness of high-protein supplements.

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The pharmaceutical sector is increasingly adopting fish collagen peptides to fix patients’ pain and fasten the healing process. Innovative products with cutting-edge technologies fuel market opportunities during the forecast period. Consumers’ growing awareness of improving digestion, promoting a healthy heart, and reducing skin-related issues are driving the market expansion. The cosmetic industry is raising the demand for fish collagen peptides to promote healthy skin and hair.

Innovation of Beauty Products in the Cosmetic Industry Upsurge the Market Growth

The cosmetic industry innovates products related to hair, nails, skin, and others. Adopting fish collagen peptides in these beauty products to remove dull skin, wrinkles, aging, and dark spots are flourishing the market size. The top beauty industries are increasing the demand for fish collagen peptides to make serums, shampoo, lotion, nail paints, creams, and concealers.

Manufacturers focus on consumers’ expectations and develop organic and non-toxic beauty products that expand market opportunities. The growing popularity of make-up to look beautiful among millennials fuels market opportunities. Due to changing lifestyles and busy schedules, consumers need to care more about their skin and hair routines. The innovation of these beauty products is genuinely a key solution to maintaining their look stylish with personal care.

Key Takeaways:

  • The fish collagen peptidesmarket is expected to have a valuation of US$ 1,217.14 million by 2033.
  • With a CAGR of 4.5%, the global market is increasing from 2023 to 2033.
  • The United States fish collagen peptides marketis anticipated to secure a maximum share through 2033.
  • In the historical period, the market secured a CAGR of 4.1% between 2017 and 2022.
  • In the historical period, the market captured US$ 752.88 million between 2017 and 2022.

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Who is Winning?

The key players are making efforts by investing huge amounts in the global market to acquire maximum profits. The essential players are doing deep research on the market and developing innovative products that satisfy consumers’ requirements. These players adopt marketing tactics, including mergers, product launches, agreements, acquisitions, and partnerships.

Other Key Players in the Market are:

  • A. Gelatin Inc
  • GELITA AG
  • Hangzhou Nutrition Biotechnology Co. Ltd
  • Norland Products
  • Amicogen
  • Nitta Gelatin India Limited
  • BHN Co., Ltd
  • Lapi Gelatine
  • Rousselot
  • Nippi Collagen NA Inc
  • Tessenderlo Group
  • HealthyHey Nutrition
  • Vivesa Holding S.R.O.
  • Hainan Huayan Collagen Biotech Co. Ltd
  • Connoils

Recent Developments in the Fish Collagen Peptides Market are:

  • In February 2019, Capsugel, a healthcare company, announced a new agreement with Quadra Chemical Ltd to upsurge its business in Canada. This agreement was held to increase the sales of healthy nutrients and ingredients.
  • In 2018, Amicogen, a biotechnology company, signed a deal with Kang Maislin to establish a fish collagen peptides facility in South Korea.

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Fish Collagen Peptides Market by Category

By Source:

  • Fins
  • Skin
  • Scales
  • Bones

By Application:

  • Nutraceuticals
  • Food & Beverages
  • Agriculture
  • Cosmetics
  • Animal Nutrition
  • Pharmaceuticals

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
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Northern Europe’s Calcium Sulphate Market Set to Flourish: Anticipated Valuation of US$ 7,234.3 Million by 2032

The Northern Europe calcium sulphate market is anticipated to witness significant growth, projecting a robust 5.3% Compound Annual Growth Rate (CAGR) from 2022 to 2032, according to Future Market Insights (FMI). With calcium sulphate being naturally occurring and synthesizable through chemical processes, its increasing consumption across diverse industries is set to drive market demand. Fueled by this trend, FMI predicts the market to achieve a valuation of US$ 7,234.3 Million by the year 2032. The versatile applications of calcium sulphate underscore its importance in various sectors, contributing to the optimistic outlook for the market in the coming years.

Calcium sulphate has a wide range of commercial and industrial applications due to its excellent physicochemical properties. Calcium sulphate can be used as a soil conditioner for agriculture, as a coating agent for the paper industry, to make paper very shiny, as a desiccant in chemical laboratories, as a coagulant for foods and beverages, and for coloring paints used as a pigment.

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Gypsum, the dihydrate form of calcium sulphate, is the most commonly used form and important raw material in the construction industry. It is used to make Portland cement, highly specialized plasters (also known as gypsum plasters) for wall surfaces, wallboard, cement blocks, and mortars. Growing government infrastructure development initiatives in a number of countries are creating new opportunities for gypsum producers to profit from the construction industry.

Agrochemical demand is increasing to maximize production from available land. The agricultural industry relies heavily on calcium sulphate dihydrate, also known as gypsum. It is a calcium and sulphur source for plant nutrition. Calcium is required for plants to absorb the majority of their nutrients. It also helps to improve the soil structure. It aids in the improvement of flocculation or aggregation. It also increases the water infiltration & prevents waterlogging in soil. Growing demand from the agriculture industry is expected to drive the demand in the forecast period.

Over the assessment period, sales of calcium sulphate are expected to be driven by the growing construction industry across Northern Europe followed by agrochemicals and paints & coatings,” says an FMI analyst.

Key Takeaways:

  • The additive segment is projected to hold approximately 58% of the total market share in 2022.
  • The cement & plaster segment is anticipated to grow at 5.6% CAGR through 2032.
  • The calcium sulphate market in the U.K. is expected to create an incremental dollar opportunity of US$ 453.9 Million in the forecast period.
  • The technical grade segment is expected to reach about US$ 5,862.3 Million by end of the forecast period.

Competitive Landscape         

Key market participants of the calcium sulphate market elaborated in the report include Saint-Gobain, Solvay SA, Honeywell International Inc., Penta Manufacturing Company, Celtic Chemicals Limited, Miber Mineral Roset, Glentham Life Sciences Limited, Fluorsid, AKO KASEI CO., LTD, JRS Pharma, Macco Organiques, s.r.o., Spectrum Chemical MFG Corp., GFS Chemicals Inc., and others.

Key players are focused on high-growth end-use industries such as construction and infrastructure where calcium sulphate is widely used. These benefits manufacturers in terms of revenue and product portfolio. Leading manufacturers in the market are focusing on high-growth end-use industries to increase annual sales. Great market opportunities are expected from the growth of certain end-use industries such as construction, paints, coatings, and the expansion of infrastructure projects.

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More Insights into the Northern Europe Calcium Sulphate Market Report

In its latest report, FMI offers an unbiased analysis of the Northern Europe calcium sulphate market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on product type (anhydrous & hydrated), by grade (technical, food & pharma), by function (coagulant, thickening agent, excipient, desiccant & additive), by end use (cement & plasters, agrochemicals, paints & coatings, paper, mining, food & beverages, cosmetics & personal care, pharmaceuticals) & by country (Germany, United Kingdom, Ireland, France, Netherlands, Belgium & Rest of Northern Europe).

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:       

Nandini Singh Sawlani  

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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Drug Eruptions Treatment Market Anticipates a Striking US$ 7.1 Billion Projection by 2033-FMI Study

Drug Eruptions Treatment Market
Drug Eruptions Treatment Market

In fiscal year 2023, the global Drug Eruptions Treatment Market revenue is expected to be worth US$ 3.89 billion, up from US$ 3.66 billion in fiscal year 2022. The global market is expected to grow at a 6.2% CAGR from 2023 to 2033, reaching US$ 7.1 billion by the end of that year. A drug rash is caused by skin sensitivity to a medication’s component. A rash is the most common drug-induced disease. They affect 5 to 15% of pharmacological regimens. There are both prescription and over-the-counter pharmaceutical regimens available. Drug reactions might be either allergic or nonallergic.

Any medication can cause a rash, but several are especially well-known for doing so. Nonsteroidal anti-inflammatory drugs (NSAIDs), seizure medications, and antibiotics (especially penicillins and sulfa pharmaceuticals) are examples. These reasons will boost revenue in the global market for medication eruptions from 2023 to 2033. One of the most significant challenges for the worldwide market for these things in the coming years may be the high cost of pharmaceutical epidemics. Increasing pharmacovigilance at the same time might help reduce adverse medication interactions, hence averting any potential drug-related eruptions. As a result of these issues, market expansion and, consequently, demand for medication for eruption treatment may be restricted.

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North America is regarded as the most volatile market for the treatment of drug eruptions. According to a national survey, penicillin and associated drugs will account for 18% of drug eruption reports in the United States in 2021. Furthermore, one out of every ten people developed an allergy to antibiotics containing sulfonamides. As a result, throughout the projection period, North American manufacturers will have numerous potential to expand in this regional market.

Key Takeaways :

  • Between 2018 and 2022, the market for medication eruptions grew at a 5.2% CAGR.
  • The market for drug eruptions is predicted to increase at a 6.2% CAGR between 2023 and 2033.
  • Antihistamines are expected to dominate the market, accounting for 41% of total revenue in 2023.
  • The intravenous method of administration category will be the second-largest in 2023, with a 21% market share.
  • The North American region is predicted to grow at a 7.3% CAGR from 2023 to 2033.
  • The European market for drug eruptions is expected to grow at a CAGR of 6.2%.

“The emergence of novel treatment modalities, growing awareness of various drug allergies, and a rise in demand in developing markets are the main factors driving the global market for drug eruptions during the forecast period.” comments a Future Market Insights analyst.

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Competitive Landscape

Some of the prominent developments of the key players in the market are:

  • Anuh Pharma Ltd.
  • Avik Pharma
  • Pfizer CentreOne
  • Hovione
  • Bausch Health Companies Inc.
  • APOTEX
  • Astellas Pharma, Inc.
  • Sanofi
  • Novartis AG
  • SBH Sciences

Some of the recent developments in this domain are:

  • In 2020, Sanofi India launched ‘Allergy Free’ initiative, a multi-channel educational campaign to promote awareness regarding allergies as well as their impact on one’s quality of life. Given the worldwide pandemic’s sensitivity, there is a lingering sense of panic that has captivated everyone. Allergy free educates individuals on the common symptoms of allergies, medication allergies, flu and cold symptoms, and the primary warning indications of COVID-19.

Author By:

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a 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:        

Nandini Singh Sawlani   

Future Market Insights Inc.
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The Rum Market: Forecasts Reveal a US$ 24.5 Billion Valuation by 2033 Driven by Global Growth and Heightened Demand in Europe and the USA

The net worth of the total rum sold in the market worldwide in the year 2022, was valued at US$ 16.8 billion. In the year 2023, the market is estimated to generate a revenue of US$ 17.4 billion and register a CAGR of 3.5% from 2023 to 2033. Furthermore, the global rum market analysis report of FMI predicts the overall valuation of the market to reach US$ 24.5 billion by 2033.

increased per capita income and increased use of alcoholic beverages in emerging economies have led to a spike in rum sales. The spread of chain bars and the increase in urban population are two further indirect factors that are projected to have an impact on the expansion of the worldwide rum industry.

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Additionally, during the past several years, a shift in consumer tastes and culture has increased the attractiveness of premium rums with distinctive characteristics. This tendency is predicted to continue for the projected amount of time and will help fuel new trends in the international rum market. Between 2023 and 2033, it is predicted that the flavoured and spiced rum industries would grow faster than those of its rivals.

Key Takeaways

  • The total sales of rum in the United States market are estimated to be worth US$ 4.7 billion in the year 2023.
  • In the Asia Pacific region, the China rum market is anticipated to grow at a 6.1% annual rate through 2033.
  • Japan and Canada are two significant regional markets, with growth rates of 1.8% and 2.7%, respectively, expected between 2023 and 2033.
  • Based on different rum types, the Light or Gold Rum segment is anticipated to record a 4% CAGR through 2033. By following this higher growth rate, the net revenue generated by the segment is expected to reach US$ 8.6 billion by the end of 2033.
  • Meanwhile, the progress in the Dark Rum type segment is recalibrated to an updated 2.8% CAGR for the forecast years until 2033.

Competitive Landscape for the Rum Market

Asahi Group Holdings Ltd., Bacardi Global Brands Ltd., Davide Campari-Milano Spa; Demerara Distillers Ltd., Diageo Plc; LT Group Inc., Nova Scotia Spirit Co., Pernod Ricard SA, Suntory Holdings Ltd., William Grant & Sons Ltd., Remy Cointreau Group, Westerhall Estate Ltd., Cayman Spirits Co., Mohan Meakin Ltd., Halewood International Holdings PLC, Arehucas Private Ltd., Elements Eight Rum Company Ltd, and Edrington Holdings Ltd, Radico Khaitan Limited are some of the prominent players in the global rum market. Focused marketing and new flavor development are considered to be the key strategies for the market players.

Recent Developments

  • New Panela and Solera Rum product types at the distillery and retail sites around South Carolina were declared by Hilton Head Distillery in August 2022. The company introduced a range of each distinct copper pot-distilled rum in small batches for the consumers visiting the beach.
  • The Bush Rum Co., which is a British company, introduced its eco-friendly beverage for the Indian market in July 2022 with Mumbai-based Monika Alcobev Limited. Additionally, the corporation introduced a range of products in the nation like Jose Cuervo, Templeton Rye whiskey, and Rutini wines.

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Key segments

By Rum Type:

  • White Rum
  • Light or Gold Rum
  • Dark Rum
  • Spiced Rum
  • Other Rums

By Nature:

  • Plain Rum
  • Flavored Rum
  • Organic Rum
  • Conventional Rum
  • Other Categories

By Business Channel:

  • Business to Business
  • Hypermarkets or Supermarkets
  • Specialty Stores
  • Online Retails
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and the Pacific
  • The Middle East and Africa

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Donohue Syndrome Treatment Market Achieves a Pinnacle US$ 25 Billion Milestone by 2033-FMI Study

Donohue Syndrome Treatment Market
Donohue Syndrome Treatment Market

According to a recent FMI analysis, the global Donohue Syndrome Treatment Market Demand is expected to grow at a 4% CAGR from 2023 to 2033. The market is anticipated to be valued at US$ 25 billion by the end of the assessment period.

Donohue syndrome, also known as leprechaunism, is an extremely rare and severe genetic disorder that affects the insulin receptor. It is characterized by severe insulin resistance, which leads to uncontrolled diabetes mellitus and various physical abnormalities. Unfortunately, there is currently no cure for Donohue syndrome, and treatment focuses on managing the symptoms and complications associated with the condition.

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The treatment approach for Donohue syndrome is multidisciplinary and typically involves a combination of strategies. One of the primary goals is to maintain adequate blood glucose levels through frequent monitoring and the use of insulin therapy. In some cases, high doses of insulin may be required to overcome the resistance. Additionally, other measures such as nutritional support, including a specialized diet, may be implemented to ensure adequate growth and development. Management of the associated physical abnormalities and complications, such as respiratory difficulties or cardiovascular issues, may also be necessary. Given the complexity and severity of Donohue syndrome, early intervention and ongoing medical care are crucial to optimize the quality of life for affected individuals.

Key Takeaways:

  • FMI projects the global Donohue Syndrome Treatment market to expand at a 4% value CAGR by 2033
  • The global Donohue Syndrome Treatment market is estimated at a market value of US$ 17 Billion
  • The global Donohue Syndrome Treatment market is expected to garner a market value of US$ 25 Billion
  • North America is expected to grow at a CAGR of 3.9% in the assessment period 2023 to 2033.
  • Asia Pacific is expected to grow at a CAGR of 3.5% in the assessment period 2023 to 2033.
  • Europe is expected to grow at a CAGR of 3.6% in the assessment period 2023 to 2033.
  • The hospitals segment is expected to hold the largest market share for Donohue Syndrome Treatment in the forecast period 2023 to 2033

 “R&D activities in the Donohue Syndrome Treatment industry are expanding as scientists across the world attempt to develop an improved insulin molecule for diabetes patients that improves efficacy while minimising side effects,” says an analyst at FMI

Market Competition

Key players in the Donohue Syndrome Treatment market are Medtronic plc, Hoffmann-La Roche Ltd, Tandem Diabetic Care, Inc., Insulet Corporation, Ypsomed, Sooil Development, JingasuDelfu Co., Ltd., Becton Dickinson and Company, Braun Melsungen AG and Sanofi.

Recent Development:

  • In November 2022, Medtronic plc, a worldwide pioneer in healthcare technology, announced the launch of the Medtronic Extended infusion set in the United States, the first and only infusion set marked for up to 7-day wear. An infusion set is a piece of tubing that administers insulin from an insulin pump to the body and must be changed every two to three days.
  • In December 2022Tandem Diabetes Care, Inc., a worldwide insulin delivery and diabetes technology business, said that it has reached an agreement to acquire AMF Medical SA, the privately owned Swiss creator of the SigiTM Patch Pump. The Sigi Patch Pump is still under development and is not yet available for purchase. It is intended to be an ergonomic, rechargeable patch pump that, by using pre-filled insulin cartridges and being compatible with automated insulin administration technologies, decreases the strain of diabetes management.

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Author By:

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a 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:        

Nandini Singh Sawlani   

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

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Revolutionizing Diets The US$ 8.24 Billion Frozen Fruits and Vegetables Market Leading the Nutritional Wave Globally

The  Frozen Fruits and Vegetables Market is surging, driven by health-conscious consumers seeking convenient, nutritious options. With a projected 6.7% CAGR, it’s set to reach $8.24 billion by 2033, thanks to modern freezing tech offering freshness and expanding meal choices. Globally, demand is rising for these nutritious, unseasonal options.

The Frozen Fruits and Vegetables Market is growing dramatically as people seek out seasonal, nutritious, and easily accessible products. Customers who are concerned about their health are drawn in by the freshness and nutritional value of foods preserved by modern advancements in freezing technology. The growing demand for ready-to-eat meals and smoothies is driving the market’s expansion, bringing in new rivals and expanding the selection of products.

The market for frozen fruits and vegetables was predicted to grow at a compound annual growth rate (CAGR) of 6.7% and be valued US$ 4.31 billion in 2023. The market for frozen fruits and vegetables is projected to be valued US$ 8.24 billion in 2033. Globally, unseasonal fruits are becoming more and more popular due to their exceptional freshness and nutritional worth.

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Frozen Fruits and Vegetables are Difficult to Degrade when Exposed to Light, Heat, and Dust

Due to the numerous advantages of frozen produce, consumer demand for frozen fruits and vegetables is rapidly increasing. The process of freezing fruits and vegetables preserves their color, flavor, and nutritional value. It suppresses bacterial growth and delays decay by freezing the liquid that is left over.

Having been freezer fruits and vegetables are also more resistant to deterioration brought on by difficult transport and exposure to light, heat, and dust. They have a lot to offer, including low cost, ease of preparation, and availability throughout the year.

Preparation-free Food that Saves a Ton of Time Drives the Market Growth

Consumers are switching to frozen fruits and vegetables since they don’t need to be cleaned, peeled, or chopped, because of extended work hours, growing health consciousness, and the incidence of lifestyle diseases.

While maintaining a high level of nutrition, they assist in cutting down on overall cooking time. As a result, producers are introducing distinctive product versions that use herbs and spices from regional produce to diversify their product lines and draw in a wide customer base.

Growing middle-class populations, particularly in Asian nations, with rising income levels, are positively influencing the frozen fruits and vegetables market expansion. In addition, consumers now favor using their credit or debit cards to pay for their online purchases to get over regional restrictions. This is giving the market’s expansion a boost, working in tandem with the booming e-commerce sector.

Regional outlook

While the global frozen fruits and vegetables market is divided into five distinct geographical areas, including Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America.

The North American region has recently led the industry in terms of the industry share. North America’s dominant position in the global market can be ascribed to the availability of strong and well-trained cold chain logistics facilities, as well as related infrastructure, in the region.

The market in Asia Pacific, on the other hand, is expected to increase at a considerable rate in future years, owing to the changing lifestyle and food preferences of the region’s consumers.

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Key Takeaways

  • During the projected period, the United States frozen fruits and vegetables market is expected to be worth US$ 6.9 billion.
  • China is expected to reach a market size of US$ 5.6 billion over the forecast timeline, with a CAGR of 4%.
  • Japan and Canada are expected to increase at 1.4% and 2%, respectively, throughout the predicted period.
  • Germany’s frozen fruits and vegetables market is expected to register a 1.8% CAGR through 2033.
  • During the projection period, frozen tropical fruits accounted for more than 40.0% of the market.
  • Frozen berries are predicted to record a CAGR of 7.5% between 2023 and 2033.
  • During the forecast period, the offline segment I expected to dominate the market with a share of more than 80.0%.
  • The online distribution channel is predicted to expand with a CAGR of 7.7% until 2033.

Competitive Landscape

The research report thoroughly examines one of the most significant producers and businesses functioning in the global frozen fruits and vegetables market, as well as their present market positioning and market share.

Some of the top companies operating in the landscape of the global frozen fruits and vegetables market include Findus Sverige AB, Simplot Australia PTY Ltd., Pinnacle Foods Corp, Bondeulle Group, SunOpta, Inc., Fruktana Ltd., Breukers Schamp Foods, HJ Heinz, Ardo N. V., Dole, General Mills, Capricorn Food Products India, Ltd., Alasko Foods Inc.

According to recent studies, there is anticipated to be intense competition in the global market during the next few years.

Recent Developments

  • In November 2021, Nestle released ‘Wildspace.’, which comprises a wide choice of healthy frozen meals packaged in reusable and recyclable containers. It provides at least six distinct types of meals.
  • In September 2021, Grupo Bimbo added four frozen bakeries to its lines in the Argentina factory. This has proven to be a beneficial move as the company expands its export business in adjacent countries.

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Key Segments

By Product Type:

  • Frozen Vegetables
  • Frozen Fruits

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East Asia

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:

Nandini Singh Sawlani
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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Coxsackievirus Treatment Market Commands a Noteworthy US$ 5.5 Billion Valuation in 2023-FMI Study

Coxsackievirus Treatment Market
Coxsackievirus Treatment Market

The global coxsackievirus infections treatment market is currently valued at US$ 5.5 Billion in 2023 and is anticipated to expand at a CAGR of 8.2%. Owing to the technological advances in healthcare the market is likely to propel to US$ 12.1 Billion by 2033.

Major factors driving the global coxsackievirus diagnostics market are increase in incidence of coxsackievirus infections, surge in awareness among the people, and rigorous government initiatives to reduce the incidence of these infections.

The increasing awareness regarding hand, foot and mouth disease treatment among people, availability of cost effective drugs in the market, and high prevalence of viral infection causing HFMD in children across the globe is expected to be the key factor driving growth of coxsackievirus infections treatment market.

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The manufacturers are involved in the production of coxsackievirus infection treatment market in a larger capacity. Research and innovation are also conducted to launch innovative products for coxsackievirus infection therapeutics.

North America dominates the coxsackievirus infections treatment market due to the presence of key market players’ presence, along with recent product launches and established healthcare infrastructure, which will accelerate the market’s growth in the region. The significant R&D investments in Europe abode well for market growth.

Asia Pacific is projected to hold largest shares in the global coxsackievirus infection treatment market primarily due to growing prevalence of HFMD in children in APAC region coupled with Asia Pacific being the most vulnerable area for a number of outbreaks of EV71 HFMD.

Key Takeaways:

  • As of 2023, thecoxsackievirus infection treatment market was valued at US$ 5.5 Billion
  • From 2023 to 2033, thecoxsackievirus infection treatment industry is poised to grow at an 8.2% CAGR
  • By 2033, thecoxsackievirus infection treatment market is slated to reach a valuation of US$ 12.1 Billion
  • Based on the distribution channel, hospital pharmacy segment accounts for market share of 55% during the forecast period.
  • China is poised to yield a CAGR of 7.6% with respect tocoxsackievirus infection treatment in 2033

“Growing healthcare spending and growing focus on fast-track approvals for new and upcoming therapies to treat such infections are expected to radically transform the market in the coming years,” comments an analyst at FMI.

Competitive Landscape

Some of the key players present in the global coxsackievirus infections treatment markets are Adimmune Corp., CJ HealthCare Corp., Takeda Pharmaceutical Co Ltd., Shanghai Zerun Biotechnology Co Ltd., Chongqing Zhifei Biological Products Co Ltd., Johnson & Johnson Consumer Inc., GlaxoSmithKline plc., Emergex Vaccines Holdings Ltd, CJ HealthCare Corp., Thermo Fisher Scientific Inc., and others.

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

  • In January 2023, Thermo Fisher Scientific Inc. announced that it has completed its acquisition of The Binding Site Group a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital.
  • In October 2022, Emergex Vaccines Holding Limited a clinical stage biotechnology company addressing major global infectious diseases through the development of fully synthetic CD8+ T cell Adaptive Vaccines, announces that it has acquired the assets of Zosano Pharma Corporation.

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More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the market, presenting historical demand data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study divulges essential insight into coxsackievirus infections treatment market by drug type (acetaminophen, ibuprofen, anti-inflammatory, nucleoside analog antivirals, others) by route of administration (topical, oral, intravenous) by distribution channel (hospital pharmacies, retail pharmacies, online pharmacies) by Region – Global Forecast 2023 to 2033

Key Segments:

Coxsackievirus Infections Treatment Market by Drug Type:

  • Acetaminophen
  • Ibuprofen
  • Anti-inflammatory
  • Nucleoside Analogue Antivirals
  • Others

Coxsackievirus Infections Treatment Market by Route of Administration:

  • Topical
  • Oral
  • Intravenous

Coxsackievirus Infections Treatment Market by Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Author By:

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

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

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a 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:        

Nandini Singh Sawlani   

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
LinkedInTwitterBlogs | YouTube