Market Research Blog – Page 3058 – New Product Development

Harvesting Potential: Hybrid Rice Seeds Market Poised to Surpass US$ 10.8 Billion by 2033, Cultivating Investor Interest with Bountiful Growth

The hybrid rice seeds market is predicted to be worth US$ 5.1 billion in 2023, and rise to US$ 10.8 billion by 2033. Initially, the global market was expanding at a CAGR of 7% between 2017 and 2022.

Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance has been included into high-yielding varieties, which has shown to be a very successful method for creating these varieties that can handle such circumstances. This is boosting the hybrid rice seeds market and reducing the losses brought on by stress-related issues.

The development of hybrid rice seeds that are resistant to microbial infestations and produce larger yields in a relatively short amount of time than inbred types is another focus for hybrid seed producers, which is expected to fuel expansion.

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Since rice is a staple food for around 60% of the world’s population, the demand for it is rising along with the worldwide population. In order to meet this rising demand and supply rice to various end users, rice yield per unit area has also increased.

To develop new hybrid rice seeds varieties and encourage farmers to use them, the government and numerous research institutions are working together.

Key Takeaways

By 2033, China is likely to dominate the hybrid rice seeds market, with a size of US$ 4.3 billion.
The hybrid rice seeds market was significantly expanding, with a size of US$ 4.8 billion in 2022.
There is a market opportunity of US$ 5.7 billion in absolute terms, which is driven by the change in consumption patterns.
The market in the United States is anticipated to expand at an adequate CAGR of 3.7% by 2033.
By 2033, Canada is likely to expand in the hybrid rice seeds market, with a size of US$ 75.6 million.
By 2033, the hybrid rice seeds sector is likely to increase in Japan, with a size of US$ 176.2 million.
The Indian market is anticipated to expand at an adequate CAGR of 8.8% by 2033.
Based on grain size, the long grains led the hybrid rice seeds market with a CAGR of 6.2% by 2033.
Based on duration, up to 110 days segment continues to dominate the sector during the forecast period, with a CAGR of 8.4%

Key Strategies in the Industry

Due to the rising need for bigger yields and better-quality produce, hybrid rice seed technology has experienced substantial expansion in the last few years. In order to gain market share in the fiercely competitive market for hybrid rice seeds, businesses must offer better variety, affordable prices, and aggressive marketing.

To remain ahead of the competition, businesses are developing new types and technologies. To reach more clients, they are also concentrating on marketing and advertising initiatives. In order to expand their reach, businesses are also concentrating on enhancing their distribution networks and opening new stores.

Recent Developments

Ricetec Inc. purchased the assets of Ganga Kaveri Seeds in 2019 to expand its product line and draw in more clients.
As of May 2019, Syngenta has released the SYN98 3-line hybrid rice variety in Vietnam. The Syngenta Nam Dinh Research Center has been given approval by the Ministry of Agriculture and Rural Development to start trial production of this variety in December 2017.

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Key Segments

By Grain Size:

Long Grains
Medium-sized Grains
Short Grains

By Durability:

Up to 110 Days
111 to 140 Days
140+ Days

By Region:

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

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Blooming Growth: Safflower Oil Market Forecasted to Reach US$ 359 Million by 2033, Catching Investor Interest with its Promising Expansion

The safflower oil market refers to the global trade and consumption of safflower oil, which is a type of vegetable oil extracted from the seeds of the safflower plant (Carthamus tinctorius). Safflower oil has gained popularity due to its various health benefits and versatility in cooking and cosmetic applications.

One of the key factors driving the safflower oil market is its nutritional profile. Safflower oil is low in saturated fats and rich in monounsaturated fats, particularly linoleic acid. It also contains vitamin E, which acts as an antioxidant. These qualities make safflower oil a popular choice for health-conscious consumers looking for a healthier alternative to traditional cooking oils.

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The safflower oil market is anticipated to achieve US$ 232.1 million by 2023, expanding at a CAGR of 4.5% from 2023 to 2033. By 2033, the market is forecast to reach US$ 359 million.

Safflower seeds are used to produce pure safflower seed oil.

The main factors propelling the market growth are the expanding list of safflower’s skin benefits and the rising demand for safflower seed oil in the food and beverage sector. During the forecast period of 2023 to 2033, the demand for organic and natural ingredients in processed foods is anticipated to boost the overall market demand for safflower oil.

Increasing Knowledge of Safflower Oil’s Nutritional Properties

In the upcoming years, the global safflower oil market has a significant chance of being driven by factors like rising health consciousness, rising income of consumers in developing regions like Asia Pacific, development and advancement in processing technologies, and increasing use of e-commerce in distribution networks.

Surging cases of heart disease, clotting, and strokes, all over the world have intensified the consumption of safflower, which is therefore supporting the safflower market growth. Increased elderly population disposable incomes brought on by certain nutrients are promoting market growth. The use of safflower oil as a lubricant is boosting safflower oil sales in the safflower seed oil market.

Market Constraints

Safflower, although, have multiple health benefits, it is discouraged by several medical authorities. As there aren’t enough claims and supporting data about safflower’s health advantages, this could potentially slow the market’s expansion of organic safflower oil. Safflower also contains a few negative effects that, when eaten in excess, might lead to allergies and other issues. Moreover, farmers in India are abandoning its cultivation due to unattractive prices and low market demand.

Regional Forecast for the Safflower Oil Market

Despite the dramatic drop in exports, the safflower market in Latin America and North America is now stable. One of the significant markets for organic safflower oil is in the Asia Pacific, where demand is expected to increase over the next few years.

The fact that regional consumption has increased without corresponding increases in local output is what accounts for the markets up to this point of growth. Organic safflower oil demand is being fueled by the rising occurrence of heart illnesses, which include artery hardening and stroke, across all geographical areas. The adoption of safflower seed oil as pure safflower oil capsules boosts the regional market.

Key Takeaways

From 2023 to 2033, the high linoleic safflower oil category in the market is expected to record a CAGR of 4.8% by product type.
The conventional category may expand at a CAGR of 5.4% between 2023 and 2033, according to the nature section of the market.
Between 2023 and 2033, the United States safflower oil market is expected to register a CAGR of 4.5%, reaching US$ 121.8 million.
Safflower oil sales in India are expected to register a CAGR of 5.0% by 2033, reaching US$ 88.9 million by 2033.
The Mexico safflower market is estimated to develop at a CAGR of 3.4% to US$ 27.2 million by 2033.
Russia’s market might expand at a CAGR of 4.9% by 2033, reaching US$ 17.8 million.
The China safflower oil market might thrive at 8.8% CAGR to US$ 28.0 million by 2033.

Competitive Landscape

Among the top safflower oil manufacturers competing in the international safflower oil market are Adams Group, Aktivv LLP, Oil Seeds International Inc., Los Charitos, Galp Distribuición Oil Espaa, S.A.U., and Ciaberia International Inc. By focusing on research and development initiatives for various breakthroughs, market players attempt to remain relevant in the industry.

Recent Developments

Acquisition

Louis Dreyfus Company, which owns and runs oilseeds crushing and refining facilities, was acquired by Oil Seeds International Inc. in April 2018.

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Key Segments

By Product Type:

High Linoleic
High Oleic

By Nature:

Conventional
Organic

By Sales Channel:

Direct Sales
Convenience Stores
Modern Trade
Online Stores
Specialty Stores
Other Channels

By End Use:

Cosmetics & Personal Care
Dietary Supplements
Food & Beverage Industry
Foodservice
Pharmaceuticals
Retail
Others

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Cryogenic Systems Market: Anticipating a Surge to US$ 25.5 Billion by 2032 with 6.5% CAGR Growth

The Cryogenic Systems Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Cryogenic Systems market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Cryogenic Systems. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2032. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Cryogenic Systems Market has experienced a remarkable surge in demand, spanning diverse industries such as electronics, healthcare, and power generation. This heightened interest can be attributed to the growing need for advanced cooling and freezing technologies. With the steady rise in LNG production and a substantial increase in gas demand from the healthcare sector, the adoption of cryogenic systems is projected to witness a further upswing in the forthcoming years.

Cryogenic Systems are expected to grow at a rate of 6.5% per year, reaching a peak in 2021. According to Future Market Insights, a market research and competitive intelligence provider, global consumption of cryogenic systems market will increase at a CAGR of about 7.8% between 2022 and 2032.

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The demand for Cryogenic Systems has increased significantly across a variety of industries, including electronics, healthcare, and power generation, which has led to a rapid growth in the market. Furthermore, due to increased LNG production and high gas demand in the healthcare industry, the use of cryogenic systems is expected to increase in the coming years.

The growing demand for cryogenic gases for medical applications will drive market expansion in the coming years. Oxygen gas, for example, is in high demand in the medical business owing to the diagnosis of respiratory illnesses. Growing medical infrastructure and extensive application across a variety of sectors are projected to drive market growth in the next years.

Key Takeaways from Market Study:

Cryogenic Systems market is estimated to reach a valuation of US$ 13.6 Bn in 2022
The market is projected to grow at a CAGR of 6.5% during 2022 to 2032
LNG being the highest revenue-generating cryogen, is expected to register a market growth of 7.8%
Cryogenic Systems revenue through Energy and Power is projected to expand at a CAGR of 5.7% during the period of projection
The U.S. is expected to account for nearly 30% of the global Cryogenic Systems demand by 2032

Industries such as aircraft, transportation, and railroads have a high demand for Cryogenic Systems, and this trend is expected to continue in the coming years. Improvements in Cryogenic Systems insulation methods are actively contributing to market growth.

Several governments throughout the world have planned to phase out coal-based electricity by 2020 in order to reduce greenhouse gas emissions. For the reasons stated above, several nations have begun to reduce their reliance on coal and increase their use on natural gas for energy and power generation. Liquefied natural gas (LNG), which contains various segments of Cryogenic Systems such as tanks, is more pleasant to transport and is expected to boost the market throughout the projection period.

Winning Strategy:

Natural gas utilization is expanding due to its availability, environmental friendliness, and an ever-increasing energy need. The power generation industry has the highest demand for natural gas. The public is becoming increasingly concerned about the carbon footprint of modern fossil-fuel power facilities, such as coal plants. Governments throughout the globe are implementing different policies and agreements to minimize their nations’ carbon footprints as part of their environmental protection and climate change obligations. As the need for electricity grows, so does the demand for clean energy production methods, and LNG is one of the likely victors in this race.

Industrial gas applications including the use of industrial gases in the aerospace, defense, food and beverage, electronics, medical storage, and pharmaceutical production industries, among others, are driving the use of Cryogenic Systems for industrial gas applications. In addition, increased worldwide demand for energy and natural gas, rising demands for respiratory healthcare, and higher usage of both biopharmaceuticals and genetically living tissue drug treatments are all driving the Cryogenic Systems market forward.

Competitive Environment

Cryofab Inc., Emerson, Beijing Tianhai Industry Co Ltd, Graham Partners, Herose GmbH, Air Liquide, Linde Group AG, Cryoquip LLC, and Chart Industries LLC are some of the key companies in the Cryogenic Systems industry. Some of the growth tactics highlighted include mergers and acquisitions, strategic cooperation, and partnership partnerships.

Some of the recent developments in Cryogenic Systems market include:

In June 2021, Dalian Shipbuilding Industry, a subsidiary of China State Shipbuilding Corporation, announced that it has delivered dual-fuel VLCC 2x3500m³ which is a C-type LNG cryogenic storage tank.
In October 2020, Chemie-Tech was awarded an EPCC contract from HPCL Rajasthan Refinery Ltd (HRRL) for Cryogenic Double Wall Storage Tanks (DWST) along with the associated facilities at HPCL Rajasthan Refinery Ltd in Rajasthan, India.

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Market Segments Covered in Cryogenic Systems Market Analysis:

By Cryogen:

Nitrogen
Oxygen
Argon
LNG
Other Cryogen

By End Use:

Energy & Power
Chemicals
Metallurgy
Electronics
Shipping
Other End-Use

By Region:

North America
Latin America
Europe
APAC
MEA

Author By:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us :

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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Hammer Mill Market Anticipated to Grow at 5.3% CAGR and Reach US$ 5,677.3 Million by 2033

The Hammer Mill Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Hammer Mill market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Hammer Mill. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Hammer Mill Market is currently experiencing robust growth, driven by its extensive applications across diverse sectors, including agriculture, mining, pharmaceuticals, and food processing. This versatile machinery plays a pivotal role in the size reduction of various materials, encompassing grains, minerals, and biomass, thereby rendering it indispensable in modern industrial processes. Within the agricultural sector, hammer mills are instrumental in efficiently crushing grains to produce animal feed.

According to Future Market Insights (FMI), the global hammer mill market is poised to reach a projected size of US$ 3,389.5 million in 2023. Over the ensuing decade, from 2023 to 2033, the global sales of hammer mills are anticipated to exhibit a notable compound annual growth rate (CAGR) of 5.3%. By the year 2033, it is projected that the total market value will reach an impressive US$ 5,677.3 million.

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The burgeoning demand for processed food products and the rapid expansion of critical end-use sectors, notably agriculture and food & beverages, are pivotal factors propelling the global market’s growth trajectory.

Hammer mills find indispensable utility in various sectors, contributing to the reduction in the size of materials such as grains, minerals, biomass, and more. They are particularly sought after in the agricultural, mining, pharmaceutical, and food processing industries, where their versatile capabilities are highly valued.

Hammer mills represent versatile equipment capable of effectively handling a wide array of materials and tasks. Their applications encompass crushing, pulverizing, and grinding a diverse range of substances, spanning from grains and minerals to biomass and beyond.

Available in various sizes, hammer mills find utility in numerous industries, contributing significantly to the enhancement of production efficiency by achieving uniform material size reduction.

The burgeoning agriculture and food & beverage sectors are experiencing a notable surge in the adoption of hammer mills, thereby propelling the global market forward. This trend is driven by the increasing demand for processed foods, a consequence of population expansion and economic growth.

To meet this escalating demand, hammer mill manufacturers are strategically investing in the development of efficient and scalable production facilities. These investments encompass optimizing production processes, ensuring stringent quality control measures, and augmenting production capacity to meet the diverse requirements of customers.

In addition to domestic markets, prominent companies are actively exploring opportunities for market expansion in high-potential regions such as India and Japan. They are further demonstrating their commitment to sustainability by introducing innovative, energy-efficient solutions and fostering partnerships with reputable distributors.

Key Takeaways of Global Hammer Mill Market Study

The global hammer mill industry is projected to exceed a valuation of US$ 5,677.3 million by 2033.
By mill type, lump breaker segment is expected to hold a market share of around 5% in 2023.
Based on application, coarse milling segment is likely to dominate the global market with a share of around 64% during the assessment period.
Tier-1 Players account for around 25% to 30% of the overall market.
Europe currently holds around 37% share of the global hammer mill industry.
East Asia holds about 4% share of the global market.
Hammer mill demand in the United States market is projected to rise at a steady pace through 2033.

“Growing popularity of solar-based hammer mills that harness the power of solar energy is expected to revolutionize the global hammer mill industry during the projection period. These mills offer a game-changing solution for processing grains, maize, rice, and other crops into essential commodities like flour and animal feed. Not only do they provide a sustainable alternative to diesel-powered mills, which rely on costly fuel imports and contribute to environmental pollution, but they also pave the way for affordable and accessible entrepreneurship in rural communities.” says a lead Future Market Analyst.

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Who is Winning?

Hosokawa Micron Powder System, Andritz, Buhler Group, Schenck Process Holding Ltd GmbH, Hosokawa Micron Corp, L.B. Bohle Maschinen & Verfahren GmbH, and others are few of the leading hammer mill manufacturers profiled in the report.

These key companies are focusing on introducing cost-effective and automated solutions to meet changing end user requirements. They are also utilizing strategies such as agreements, partnerships, mergers, acquisitions, and collaborations to strengthen their market presence. For instance,

In November 2022, Buhler launched a new hammer mill series with improved features that offer significant energy savings and flexibility while maintaining product quality & safety standard.

Find More Valuable Insights

The research report analyzes the market demand trends of the global hammer mill market. The market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and rate of Urbanization.

As per Future Market Insights’ (FMI) research scope, the hammer mill market has been studied and segmented on the basis of mill type, capacity, application, end use, & Region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the supply and demand sides of the market.

Global Hammer Mill Market by Category

By Mill Type:

Full Circle Screen
Gravity Discharge
Horizontal In-Feed
Lump Breaker
Pneumatic Discharge

By Capacity:

Upto 1 Ton/hr.
1–3 Ton/hr.
3–6 Ton/hr
6-10 Ton/hr
10–50 Units/hr.
50–150 Units/hr.
150–300 Units/hr.
Above 300 Units/hr.

By Application:

Fine Milling
Ultra Fine Milling
Coarse Milling

By End Use:

Agriculture
Food & Beverages
Metals & Mining
Energy and Power
Scrap Recycling
Chemicals
Pharmaceuticals

By Country:

Canada
Brazil
Mexico
Rest of Latin America
Germany
Italy
France
United Kingdom
Spain
BENELUX
Russia
Rest of Europe
China
Japan
South Korea
India
ASEAN
Australia and New Zealand
Rest of South Asia & Pacific
GCC Countries
Türkiye
Northern Africa
South Africa Rest of Middle East and Africa

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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

Construction Anchors Market with Projected Value Surpassing US$ 24.84 Billion by 2034, with a 6.0% CAGR

The global construction anchor market is anticipated to exhibit robust growth, expanding from US$13.87 billion in 2024 to a projected US$24.84 billion by 2034, representing a compound annual growth rate (CAGR) of 6.0% over the ensuing decade. This significant market expansion underscores the anticipated upsurge in demand for construction anchors.

Market players are upgrading their product lines with a structured strategy of raising their investments in research and development activities. The main focus of research and development efforts is anticipated to be the development of new products that meet market requirements.

The chemical anchor holds the majority of the share in the market. It is considered a key solution for applications in the construction sector. Several construction anchor companies are increasing the range of chemical anchors with enhanced capabilities and features. Growing demand for construction anchors with more strength in extreme situations is guiding the efforts of leading players. Additionally, the increasing requirement for chemical anchors that can effectively fulfill the dynamic loading requirements is anticipated to fuel market growth.

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Leading vendors are also introducing a green line of construction anchors, which are eco-friendly. Additionally, companies are focusing on enhancing the product resistance in their newly launched products.

“Industry players are introducing a green portfolio of construction anchors to promote sustainable construction practices. From the expansion point of view, key players are projected to find significant growth in emerging economies as investments in construction activities in these countries are rising,” says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.).

Key Takeaways from the Construction Anchor Market Report

The market value of construction anchor increased from US$ 10,087.70 million in 2019 to US$ 13,153.01 million in 2023.
By product type, the chemical segment is anticipated to acquire a market share of 91.15% in 2024.
Demand for construction anchors is projected to be significant in building and construction applications. In 2024, the application segment is likely to account for 41.83% market share.
In the United States and Germany, the construction anchor market is expected to rise at CAGRs of 5.1% and 6.8%, separately, over the forecast period.
In China and India, the sales of construction anchors are anticipated to surge at CAGRs of 6.8% and 7%, respectively, through 2034.
The Australia construction anchor industry is predicted to increase at a CAGR of 6.8% from 2024 to 2034.

Competitive Landscape

The market space is dynamic and competitive. To increase the market share, leading companies are developing new anchor to address certain requirements like high-temperature resistance, underwater fastening, etc. Additionally, players are presenting an extensive range of anchors to serve several multiple applications and materials. Furthermore, companies are constantly upgrading their existing products and creating innovative solutions to beat the market competition.

Key players are focusing on developing strong partnerships with retailers and distributors to expand their customer base. Moreover, leading companies are increasing their investments toward brand reputation, reliability, and quality via sponsorships and marketing campaigns. Industry leaders are also collaborating with complementary businesses to expand their expertise or offer integrated solutions. Additionally, they are also acquiring companies that have distinct technologies to enhance their market position.

Notable Construction Anchor Companies

Stanley Black & Decker, Inc
Hilti Corporation
Simpson Manufacturing Co., Inc
EJOT Holding GmbH & Co. KG
Misumi Corporation
Ancon Limited
Fosroc Chemicals (India) Private Limited
Unika Co. Ltd
UNIQUE FASTENERS P. LTD
Yuyao City Xintai Hardware Co. Ltd
FIXDEX Fastening Technology
EMC Fasteners and Tools
Ningbo Londex Industrial Co. Ltd
HASM Co. Ltd
Others

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Construction Anchor Market by Category

By Product Type:

Metal
– Wedge anchors
– Undercut anchors
– Concrete screws
– Drop-In Anchors
– Sleeve and Nail Anchors
– Cast-In Anchors

Chemical
– Injectable adhesive anchors
– Capsule adhesive anchors

Light Duty Anchors
– (Nylon) Plugs
– Drywall Plugs
– Drywall Screws
– Insulation Anchors
– Metal Screws

By Application:
Building Construction
Civil Engineering
Construction Installation
DIY

By Sales Channel:
Direct Sales
Distributor Sales
Retail Sales
Home Centers
Online Sales

By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa

About the Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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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Screw Air End Market Forecast: Rising at a 4.5% CAGR by 2032, Reaching US$ 6.2 Billion

The Screw Air End Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the screw air end market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for screw air end. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2032. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The global screw air end market is poised for a robust year-on-year expansion of 3.4% in 2022, soaring to a remarkable valuation of approximately US$ 4 billion. This surge is attributed to the relentless march of automation trends, with the conspicuous adoption of oil-free screw air compressors emerging as a pivotal catalyst driving sales in this dynamic marketplace. It is forecasted that the demand for screw air end solutions will continue to escalate at an impressive CAGR of 4.5% between 2022 and 2032.

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Driving Factors Accelerating Market Growth:

Automation Prowess: The inexorable ascent of automation is reshaping industries across the globe. In this era of heightened efficiency and productivity, businesses are increasingly turning to screw air end solutions to meet their compressed air demands. The integration of advanced control systems and digital technologies into screw air end units is unlocking unprecedented operational efficiencies, further propelling market growth.
Oil-Free Advantages: The global sustainability drive and heightened environmental consciousness have paved the way for oil-free screw air compressors to ascend to the forefront of market demand. The elimination of lubricating oils not only reduces maintenance complexities but also ensures a cleaner, eco-friendly compressed air output. As eco-regulations tighten their grip, the adoption of oil-free screw air compressors is poised for an upward trajectory.
Energy Efficiency Imperative: In an era of escalating energy costs and stringent carbon footprint targets, energy-efficient screw air end solutions have emerged as an imperative for businesses seeking operational excellence. With their cutting-edge designs and state-of-the-art technologies, modern screw air end units are minimizing energy consumption, offering substantial cost savings, and aligning seamlessly with sustainability goals.
Expanding Industrial Landscape: The global industrial landscape is undergoing a metamorphosis, marked by a burgeoning manufacturing sector, an upsurge in construction activities, and rapid industrialization in emerging economies. This industrial expansion is generating an insatiable appetite for reliable and high-performance compressed air systems, consequently bolstering the demand for screw air end solutions.

Market Restraints to Navigate:

Cost Implications: While the advantages of screw air end solutions are indisputable, the initial capital investment required for their acquisition and installation can pose a challenge for some businesses. However, it is essential to recognize that the long-term benefits in terms of efficiency, reliability, and reduced operational costs far outweigh the upfront expenses.
Maintenance Complexity: The sophistication of modern screw air end units, especially oil-free variants, can lead to increased maintenance complexities. Businesses must invest in adequate training and maintenance protocols to ensure seamless operation and longevity of these systems.
Market Competition: As the demand for screw air end solutions continues to grow, competition within the market is intensifying. Manufacturers and suppliers must focus on innovation, product differentiation, and robust after-sales support to maintain a competitive edge in this evolving landscape.

Key Takeaways:

Oil-free systems with improved accuracy, efficiency, and capacity are in high demand in the compressor market.
Cost savings from reduced ancillary equipment are driving sales of these advanced compressors.
Consumers are transitioning from conventional equipment to eco-friendly next-generation screw air end compressors due to their ease of installation and low maintenance.
Remote sensing technology is playing a significant role in monitoring and regulating compressor performance, contributing to market growth.
Screw air end compressors are widely adopted by major manufacturers in various industries, including automotive, pharmaceuticals, food and beverage, and oil and gas.
These compressors enable faster mass production of complex goods and equipment, serving as a safe, low-cost, and energy-efficient alternative to electrical power and labor for a range of operations.

Competitive Landscape:

In recent years, there has been a notable increase in acquisition and expansion activities within the screw air end supply chain. Concurrently, manufacturers of screw air ends have been diligently exploring and innovating in the realm of technology. These innovations encompass enhancing resistance to oil blockage in oil-lubricated compressors and transitioning towards electric compressors to align with environmental sustainability goals.

For instance,

Atlas Copco, a renowned industrial equipment manufacturer, has undertaken strategic acquisitions to bolster its market presence. Notably, they have agreed to acquire Geveke B.V. and its affiliated subsidiaries. Geveke specializes in the sale of compressors and the engineering and installation of cutting-edge process pump systems. Additionally, Atlas Copco is set to acquire LEWA GmbH and its subsidiary companies, which hold prominence in manufacturing diaphragm metering pumps, process pumps, and comprehensive metering systems.

Key Players:

IHI Rotating Machhinery
Anest IWATA
Fusheng
Eaton Compressor
ELGi
Howden
Rotorcomp Verdichter GmbH

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Global Screw Air End Market by Category

By Capacity:

Up to 5HP
5 to 25HP
25 to 50HP
50 to 150HP
150 to 300HP
300 to 500HP

By Technology:

Stationary
- Oil Lubricated
- Oil-Free
Portable
- Oil Lubricated
- Oil-Free

By Stage:

Single Stage
Two-Stage
Multi-Stage

By Driver Type:

Liquid Driven
Gas Driven
Electric

By Type:

Belt Drive
Gear Drive

By End-Use:

Oil and Gas Industry
Chemical Industry
Energy and Transmission
Automotive and Aerospace
Mining and Minerals
Other Manufacturing Industry

By Region:

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

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Test and Measurement Equipment Market: Anticipating a Steady 5.6% CAGR Growth from 2022 to 2032, with a Projected Value of US$ 54.9 Billion

The Test and Measurement Equipment Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Test and Measurement Equipment market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Test and Measurement Equipment. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2032. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Test and Measurement Equipment Market has experienced significant growth in recent times, driven by two key factors. Firstly, the market has been boosted by stringent governmental regulations that necessitate the use of reliable and accurate testing instruments across various industries. Compliance with these regulations has become paramount, leading to a surge in demand for high-quality test and measurement equipment.

The test and measurement equipment market is predicted by Future Market Insights to increase from US$ 30.9 billion in 2021 to US$ 54.9 billion in 2032, with a CAGR of 5.6%.

The demand for test and measurement equipment is boosted by strict governmental regulations and an increase in the need for high-quality maintenance. The COVID-19 outbreak led to an increase in the production of pharmaceuticals and other medical supplies.

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This has led to a rise in the demand for test and measurement equipment in the healthcare and pharmaceutical end-use industries, which has affected the adoption of test and measurement equipment as well as the demand for related products and solutions.

The primary reasons driving the growth of the test and measurement equipment market include an increase in end-user demand for test and measurement equipment solutions, technological innovation, and an increase in demand for electronic gadgets. This is regarded as a fantastic test and measurement equipment strategy.

List of Key Players Covered in Test and Measurement Equipment Market are:

Fortive Corporation
Rohde & Schwarz GmbH & Co. KG
Anritsu Corporation
Keysight Technologies
Yokogawa Electric Corporation
National Instruments Corporation
EXFO Inc.
Advantest Corporation
VIAVI Solutions Inc.
Texas Instruments Incorporated

The price sensitivity of test and measurement equipment, on the other hand, is projected to limit test and measurement equipment market growth. During the forecast period, each of these factors is expected to have a significant influence on the test and measurement equipment market.

The introduction of 5G technology and the implementation of LTE & LTE-Advanced (4G) Networks, as well as the rapid penetration of IoT Devices, are expected to give potential possibilities for test and measurement equipment market expansion.

North America has the greatest test and measurement equipment market share due to the presence of multiple significant companies.

Asia-Pacific is predicted to develop at the quickest rate, as governments in these areas implement numerous measures to support innovation and R&D in their respective countries. Given current advancements in connected and driverless vehicles, the automotive industry is likely to capture the test and measurement equipment market share.

The healthcare sector is likely to drive the test and measurement equipment market due to the development of new healthcare equipment, patient-monitoring systems, and personal emergency reporting systems, which are some of the other factors expected to positively influence the test and measurement equipment market trends.

KEY TAKEAWAYS:

In the United States, the test and measurement equipment market is estimated to reach US$ 1.3 Billion by 2032, increasing at a CAGR of 10.7% through 2032.
The test and measurement equipment market in the United Kingdom is expected to be worth US$ 154.2 million by 2032, with a CAGR of 9.8% through 2032.
The test and measurement equipment market’s services segment form the component category is predicted to develop at a CAGR of 10.4% through 2032.
Through 2032, Threat Intelligence in the test and measurement equipment market’s application sector will grow at a CAGR of 10.1% through 2032.
China’s test and measurement equipment market is expected to reach US$ 275.2 million by 2032, with a CAGR of 10.2% through 2032.
The market for test and measurement equipment in Japan is expected to be valued at US$ 221.9 million by 2032, expanding at a 9.2% annual rate through 2032.
South Korea is expected to reach a market size of US$ 136.7 million in test and measurement equipment by 2032, with a CAGR of 8.6% through 2032.

COMPETITIVE LANDSCAPE:

Fortive Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation, National Instruments Corporation, EXFO, Inc., Advantest Corporation, VIAVI Solutions Inc., and Texas Instruments Incorporated are among the major companies profiled in the test and measurement equipment market.

These companies provide test and measurement equipment solutions to meet test and measurement equipment market demands and needs.

To extend their influence in the test and measurement equipment market trends, these vendors have used a variety of organic and inorganic growth tactics.

RECENT DEVELOPMENT:

A couple of recent developments in test and measurement equipment market are as follows:

VIAVI Solutions released new fibre test and measurement equipment solutions in March 2021, enhancing the industry’s most comprehensive offering for fiber-optic testing. The company’s new optical power metres, fibre characterization modules, and an enhanced optical time-domain reflectometer (OTDR) solution enable service providers, colocation and hyperscale data centres, enterprises, and contractors to reduce manufacturing costs, improve service quality, minimise downtime, and generate more revenue.
Anritsu introduced the TRX Test module, MU887002A, in March 2021, to increase the efficiency of production-line inspections of 5G wireless communication equipment, as well as its space-saving universal wireless test set, MT8872A.
As part of its OpreX analyzer lineup for use in water treatment facilities, Yogokawa launched TB820D right-angle scattered light turbidity detectors, FC800D non-reagent type free available chlorine sensor units, RC800D reagent type residual chlorine sensor units, FLXA402T liquid analyzers for turbidity and chlorine, and PG400 pulse generators for clean units in February 2021.

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Key Segments By Services:

Calibration Services
Repair Service or After-sales Services

By Product Type:

General Purpose Test Equipment
Mechanical Test Equipment

By Verticals:

Healthcare
Electronics & Semiconductor
IT & Telecommunication
Aerospace & Defence
Automobile & Transportation
Education & Government

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

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Smooth as Cocoa: Market for Cocoa Butter Expected to Reach US$ 10,558.9 Million by 2033, Attracting Investor Attention with Sweet Growth Prospects

The cocoa butter market is expected to expand at a mild CAGR of 1.7% during the forecast period. The cocoa butter market was valued at US$ 8,890.5 million in 2022. The market is expected to be valued at US$ 10,558.9 million in 2033, and as on 2023 the market valuation is US$ 8548.6 million.

The increasing demand for chocolates with superior texture and look, in addition to flavour, will create a favourable atmosphere for growth. Some of the world’s largest cocoa butter manufacturers are focusing on improving trade relations with cocoa bean exporting countries.

“In terms of key market strategies, industrial manufacturers of cocoa butter are focusing on strengthening their trade relations with major cocoa producing countries. Other manufacturers are focusing on expanding their presence in the Asian regions, especially in regions such as ASEAN through facility and product portfolio expansion”- Principal Analyst, Food and Beverages, Future Market Insights

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Key Push Factors Driving Cocoa Butter Market Sales Growth Globally

Growing demand for chocolate in dairy, frozen desserts, and bakeries, is expected to pave lucrative opportunities. Novelty products in the confectionery segment have triggered the demand for cocoa butter. Premium and novel cocoa products are expected to tighten their grip over the food industry in developed regions.

Given the high competition in the cocoa market, demand for high-quality texturing agents is expected to flourish, thereby translating into the premiumization of cocoa butter, to suit consumer demands.

Emerging substitutes including cocoa butter equivalents (CBE) are not likely to replace cocoa butter, owing to its unfulfilling taste and texture compared to conventional cocoa butter.

Regional Outlook: New Opportunities Spotted in APEJ and Eastern Europe

Asian nations including Indonesia, Malaysia, India, and China are projected to offer lucrative growth opportunities for cocoa butter manufacturers. Falling cocoa butter prices have encouraged confectioners to develop new products due to affordability in Asia Pacific along with Easter Europe. One such key development includes, Cargill Inc expanding its cocoa products portfolio investment in India.

Countries like Indonesia, Viet Nam and Malaysia are embracing the growth in the processing activities of cocoa beans and have emerged as potential pockets of opportunities in the Asian region for the cocoa butter market.

In Eastern Europe, the cocoa butter consumption is on the rise in regions such as Turkey and Poland. These countries are expected to register significant growth over the forecast period. The confectionery segment is expected to register 1.9x growth in terms of value over the forecast period.
In North America, shift toward naturally aromatic ingredients and organic and clean-label products will translate into promising growth of natural cocoa butter—with highest adoption in the frozen desserts segment.
In Western Europe, Germany accounts for almost 30% market share in the cocoa butter market. On the other hand, Switzerland is expected to remain one of the major consumers of cocoa butter due to its large capacity of chocolate production.

Key Insights from the Segmentation Analysis of the Cocoa Butter Market

Deodorized cocoa butter is expected to witness significant demand in the cosmetic and personal care industries.

In terms of nature of cocoa butter, the clean-label trend will remain a key push factor for organic confectionery products- specifically in developed regions.
Blocks and powder, in short solid form, is an ideal choice of product form preferred by industrial manufacturers. Ease of transportation and storage, will work in the favor of block form cocoa butter—registering high growth in terms of value and volume. In APEJ, the powder segment is expected to register 2.2x growth in terms of value over the forecast period.

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Cocoa Butter Market by Category

By Product Type:

Natural
Deodorized
Semi-deodorized

By Nature:

Organic
Conventional

By Product Form:

Blocks
Powder
Liquid

By End Use:

Food & Beverage Industry
- Confectionery
- Bakery
- Frozen Desserts
- Nutritional Drinks
- Others
Pharmaceuticals
Personal Care & Cosmetics

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & Africa

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Frequently Asked Questions

What is the cocoa butter market size?
At what rate did the demand for cocoa butter grow between 2020 and 2021?
What is the sales outlook for cocoa butter?
Who are the top players in the cocoa butter market and what is their market share?
What is the growth outlook for North America cocoa butter market?
At what rate will sales of cocoa butter grow in Europe?
What are the key trends shaping the cocoa butter market?

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Nandini Singh Sawlani

Fueling Health: Whole Grain & High Fiber Foods Market Anticipated to Reach US$ 105,379.4 Million by 2032, Igniting Investor Interest in Nutritional Wellness

The global whole grain and high fibre market is set to witness growth at a CAGR of 7.6% and top a valuation of US$ 105,379.4 Billion by 2032.

People’s discretionary income has increased, encouraging them to improve their level of living. This also pertains to their dietary habits. Obesity affects more than half of the world’s population due to irregular sleeping and eating patterns. As a result, public awareness campaigns encouraging people to better their health and well-being are boosting the whole grain and high-fiber meal business overall. This is also due to the fact that they contain more micronutrients beneficial to the body.

Breakfast cereals are classified into three types in the whole grain and high fibre foods category: flakes, oats, and muesli. Among all of these product types, snack bars are predicted to rise at a substantial rate of 11% in sales over the projection period.

Whole grains and high-fiber diets may be found in corn flour, wheat, rice flour, oats, barley, and multi-grain dishes. Bulgur, millet, and chic, on the other hand, are expected to grow at a faster rate, increasing by 9% in terms of value sales during the forecast period in the whole grain & high fibre foods market.

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Vanilla, fruit, honey, walnuts, and chocolate are the five flavour categories in the global whole grain and high fibre foods business. Fruit flavours, for example, have a larger market worth, accounting for 42 percent of the whole grain and high fibre foods market in 2021.

The worldwide whole grain and high-fiber foods market is further divided into organic and conventional segments. However, while the traditional category has a greater market share, the natural segment is expected to grow at a quicker rate, with whole grain and high fibre foods growing at an annual rate of 11% during the estimated period.

Whole-grain meals are unlikely to be purchased by customers who wish to decrease carbohydrates and have gluten concerns. Consumers’ carbohydrate intake had already declined, resulting in a fall in wheat flour demand. As a result of this shift, consumers are opting for a high-protein, low-carbohydrate diet. The flour industry’s growth has lately slowed due to rising demand for gluten-free meals.

As people’s lives change, it becomes more difficult for them to prepare food and manage their demanding schedules. To address this problem, producers of whole grains and high-fiber foods are constantly developing and presenting new on-the-go options. Many companies are also focusing on developing solutions that shorten baking time. In addition, some whole grains and high-fiber food manufacturers have set production goals for the coming years in order to expand their market share in the healthier goods category in response to the market for meals with high nutritional value.

Key Takeaways from Market Study

The whole grain and high fibre foods market is expected to expand at CAGRs of 9.8% and 7.4% in Europe and America, respectively, through 2032.
Europe holds around 19% of the total whole grain and high fibre market share.
By 2032, Latin America, followed by North America, is predicted to dominate the total grain and high-fiber foods industry, accounting for the majority of sales. North and Latin America are expected to have a cumulative share of the revenue of 63 percent of the global whole grain and high fibre foods market in late of 2032.
Food supplement research has led to the creation of a variety of functional additions, such as prebiotic chemicals, that enhance dietary fibre levels without containing gluten.
The whole grain and high fibre products are selling well in worldwide marketplaces, because to rising consumer demand for healthy and nutritious foods.

“The whole grain and high fibre foods manufacturers could earn a profit if they targeted the foodservice industries. Due to the obvious increased need for nutritional goods throughout the world, the health nutrition sector might be a viable market for whole grain and high fibre foods.,” says a Future Market Insights analyst.

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Competitive Landscape

Prairie City Bakery has been acquired by McKee Foods. McKee is a popular snack cake brand in the United States, offering customers high-quality, low-cost items. McKee Foods will remain to use the Prairie City Bakery brand name as well as the company’s existing marketing routes. McKee Foods will also keep all of Prairie City Bakery’s workers and headquarters in Vernon Hills.
Miyoko’s Creamery, a plant-based dairy company, has announced their intention to cooperate with a farm worker in California to transform their dairy farm to plant farming for human utilization. The land that has been transformed will be used in the Company’s r&d to develop for new plant-based cheese and butter products, as well as in the company’s supply chain for existing goods.

Segments Covered in Whole Grain & High Fiber Foods Market Analysis

Bakery Products:

Breads
Cakes & Pastries
Baking Ingredients & Mixes
Frozen Products

Breakfast Cereals:

Flakes
Muesli & Granola

Crisps & Crackers:

Snack Bars:

Pastas & Noodles:

Flavour:

Fruit
Nuts
Honey
Chocolate
Vanilla
Others

Source:

Maize
Wheat
Brown Rice
Oats
Rye
Barley
Quinoa
Mult-grain
Others

Packaging Format:

Bags & Couches
Folding Cartons
Trays & Containers
Cans

Nature:

Organic
Conventional

Distribution Channel:

Direct
Indirect
- Hypermarket/Supermarket
- Discount Stores
- Convenience Store
- Specialty Stores
- Online Retailers
- Others

Region:

North America
Latin America
Europe
Japan
APEJ
MEA

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Rising Grain: Oats Market Poised to Reach US$ 17,332.1 Million by 2034, Garnering Investor Enthusiasm for Nutritious Growth Opportunities

The oats market size is poised to cross US$ 9,181.7 million in 2024 and is likely to attain a valuation of US$ 17,332.1 million by 2034. The oats industry is projected to develop at a CAGR of 6.6% from 2024 to 2034.

The players in the market are cognizant of how consumers are beginning to weigh sustainability more heavily when making decisions. Oats have emerged as a strategic asset for brands prioritizing sustainable sourcing and production practices, owing to their acknowledged low environmental impact. Conscious customers respond favorably to items that support the environment, which helps to promote oat-based products as ethical options.

Growing knowledge of celiac illness and gluten sensitivity is propelling the oats market’s explosive rise. Oats are a great option for people actively looking for gluten-free alternatives to traditional grains because of their natural gluten-free status. Product portfolios are being restructured by this trend, which is an adaptation to changing dietary preferences. Oat-based and gluten-free goods are becoming increasingly popular.

The rising trend of healthy snacking presents opportunities to innovate oat-based snacks. Granola bites, energy bars, and other savory oat-based snacks are handy, nutrient-dense oat snacks that can capitalize on the market for on-the-go snacking by offering customers healthier options without sacrificing flavor.

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Key Takeaways from the Oats Market Report:

The rolled oats product type segment occupied 35.1% of the market shares in 2024.
The conventional nature segment captured 87.5% of the market share in 2024.
The market size in the United States is projected to rise at a 4.9% CAGR through 2034.
The market size in Germany is anticipated to develop at a 1.4% CAGR through 2034.
The market size in the United Kingdom is estimated to surge at a 2.6% CAGR through 2034.
The market size in France is expected to thrive at a 7.2% CAGR through 2034.

“Success in the dynamic oats market requires a sophisticated grasp of the wide range of customer tastes, constant innovation, adherence to regulations, and tactical alliances in line with health trends. To successfully cruise this changing environment, it is important to stress the necessity for a holistic strategy that incorporates flexibility, inventiveness, and a commitment to sustainability.”-says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

The oats market is fiercely competitive. Industry titans like Quaker, General Mills, and Kellogg lead the competitive oats market, which is attributable to their wide distribution and well-known brands. Swift firms that focus on trends like organic and gluten-free oats simultaneously disrupt the market with innovation. The competitive dynamics are defined by diversification into beverages and snacks, strategic partnerships, and an increasing focus on sustainability.

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Recent Developments

In October 2023, Post Consumer Brands’ Honey Bunches of Oats launched a fresh, imaginative campaign to remind customers that if they enjoy oats, they’ll love them even more in bunches. Produced by Carmichael Lynch, the brand’s creative AOR, the fully integrated campaign, which runs through 2024, features national TV, social media, and digital content and elevates Bunches of Oats with a healthy dose of sardonic comedy.
In August 2023, Quaker Oats, owned by PepsiCo, expanded its Oat So Simple line with the new Caramelised Biscuit flavor. The latest addition makes breakfast more convenient by being offered in both sachet and on-the-go pot styles.

Global Oats Market Segmentation

By Product Type:

Oat Groats
Whole Oats
Steel Cut Oats
Rolled Oats
Oats Flour

By End Use:

Breakfast Cereals
Bakery Products
Snacks & Savories
Others

By Distribution Channel:

Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan

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