Employee Advocacy Software Market Set for 8.5% CAGR Growth to Reach US$ 930.7 Million by 2032

The employee advocacy software market is expected to reach US$ 930.7 Million by 2032, up from US$ 410 million in 2022, expanding at a high CAGR of 8.5%. Demand for quick and simple communication of new information, without sending loads of emails, and increased employee engagement relative to sharing the company’s original and curated content by allowing them to share easily are expected to accelerate the growth of the employee advocacy software market over the analysis period.

Employee advocacy software enables companies to engage their workforce to share branded content and information via social channels. With these tools, brands can build pre-approved content libraries for their employees to access to share via mobile, email, or social media. These tools not only help broaden a company’s social presence by engaging its employees, but they also allow social media managers to have more control over company voice and messaging on social channels.

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There has been a massive adoption of advanced employee advocacy software tools among organizations, which provide helpful as well as knowledgeable customer support. Companies’ employees are using these tools to share relevant stories and content to share with their followers. The advocacy software provides a simple and intuitive interface, which is easy to use for users and admins. The advocacy tools streamline and simplify managing the social sharing of employee advocates and allow for posts to be set up in advance with the help of features including scheduling functionality.

Key Takeaways from the Employee Advocacy Software Market Report:

  • The global employee advocacy software market was valued at US$ 410 Million by 2022-end
  • The U.S to account for the highest value share of US$ 322.5 Million of global market demand for employee advocacy software market in 2032
  • From 2017 to 2021, employee advocacy software demand expanded at a CAGR of 9.4%
  • By type, the cloud-based category constitutes the bulk of the employee advocacy software market with a CAGR of 8.3%.

Competitive Landscape:
Players in the global employee advocacy software market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In February 2022, COYO (Social Intranet Software), Smarp (Employee Communications & Advocacy), and Jubiwee (Employee Engagement & Analytics) announced the expansion of their three brands in Western labor markets with the renaming as Haiilo. The merger will allow for the most complete and consistent approach to attracting and engaging knowledge workers which is one of the most dramatic growth inhibitors companies have faced since the pandemic started.
  • In January 2022, EveryoneSocial launched a free forever plan to spread employee advocacy, through which the marketers can activate their company’s employees as influencers who can authentically share their most important content.

Leading Key Players:

  • DrumUp
  • Hootsuite
  • COYO
  • Jubiwee
  • Sprout Social
  • GaggleAMP
  • Influitive
  • EveryoneSocial
  • Sociabble
  • PostBeyond
  • Dynamic Signal
  • Smarp
  • ClearView
  • MarketBeam
  • SocioAdvocacy
  • Ambassify
  • RFactr

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Employee Advocacy Software Market Segmentation:

By Type:

  • On-Premises
  • Cloud-based

By Application:

  • SMEs
  • Large Enterprises

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Revolutionizing Dental Care: Global Dental Implantology Software Market Set to Flourish, Valued at US$ 278.2 million by 2032

Dental Implantology Software Market
Dental Implantology Software Market

The global dental implantology software market is poised for remarkable growth, projected to reach a valuation of US$ 214.2 million by the conclusion of 2022, and is anticipated to expand at a steady CAGR of 2.7% from 2022 to 2032. According to recent market insights, sales in the dental implantology software sector are anticipated to soar, reaching approximately US$ 278.2 million by 2032.

In the evolving landscape of dental care, dental implantology software stands out as a pivotal tool empowering dental professionals worldwide. Facilitating crucial imaging procedures, including scan surfaces and cone-beam computed tomography (CBCT) images, alongside virtual crown designing, this software streamlines and enhances dental implant procedures.

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The ascendancy of the design software segment underscores the market’s growth trajectory, capturing an impressive 75.0% market share in 2021. This segment’s dominance signifies the pivotal role of design functionalities in optimizing dental implant procedures, further boosting the market’s overall growth.

Driving this surge in demand is the escalating adoption of dental implants worldwide. Dental implants have emerged as a preferred solution for addressing tooth loss, offering not only aesthetic benefits but also mitigating risks associated with caries, sensitivity, and promoting bone maintenance in edentulous sites. Consequently, this burgeoning demand for dental implants fuels the uptake of dental implantology software on a global scale.

As the market continues to evolve, innovators and stakeholders are poised to capitalize on this burgeoning opportunity, leveraging advanced technologies to further enhance dental care outcomes. The synergy between technological innovation and dental expertise promises a future where dental implantology software plays an increasingly integral role in revolutionizing oral healthcare worldwide.

Dental Implantology Software Market Poised for Growth Despite Challenges:

The dental implantology software market is expected to experience significant growth in the coming decade, driven by rising awareness of its benefits and technological advancements. This software provides dental professionals with crucial surgical information about hard tissue structures, enabling them to deliver superior patient care.

Promising Opportunities:

  • Growing Demand for Advanced Dental Care: Developed nations are witnessing widespread adoption of computer-aided design (CAD) and computer-aided manufacturing (CAM) technologies in dentistry. This trend is expected to extend to developing regions like India and China, creating a fertile ground for dental implantology software providers.
  • Technological Advancements: Continuous advancements in dental technology will further propel the market forward. These advancements will not only improve software functionality but also enhance its accessibility to a wider range of dental professionals.

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Market Challenges:

  • Limited Reimbursement Policies: A significant hurdle to market growth lies in the lack of robust reimbursement policies, particularly in underdeveloped regions. This scarcity hinders access to advanced dental treatments for individuals with limited financial resources.
  • Software Imperfections: The presence of bugs or glitches in dental implantology software can lead to inaccurate dental imaging, potentially compromising patient outcomes. Software providers must prioritize rigorous testing and quality control measures to address this concern.
  • Knowledge Gap Among Dental Professionals: Limited awareness about the capabilities and benefits of dental implantology software among dentists can hinder its adoption. Educational initiatives and training programs are crucial to bridge this knowledge gap and encourage the use of advanced technology in dental practices.

By addressing these challenges and capitalizing on the promising opportunities, dental implantology software providers can ensure the continued growth and success of this market.

Key Companies Profiled:

  • Dentsply Sirona
  • Dental Wings Inc.
  • Blue Sky Bio
  • PLANMECA OY
  • exocad GmbH
  • Institut Straumann AG
  • ImplaStation
  • Materialise
  • Reconstruction 3D
  • DTX Studio suite (Envista)
  • GuideMia Technologies Inc
  • Zuub Inc.

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Key Market Segments Covered in Dental Implantology Software Industry Research:

By Product:

  • Planning Software
  • Design Software

By End User:

  • Hospitals
  • Dental Clinics
  • Ambulatory Surgical Centers
  • Academic & Research Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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T: +1-845-579-5705
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The rising consumer demand for fortified foods and supplements is driving manufacturers to incorporate hyaluronic acid for a competitive edge

hyaluronic acid market
hyaluronic acid market

The hyaluronic acid market is projected to reach approximately $16.4 billion by 2032, driven by a rise in the market for nutrient-dense goods, which has forced major manufacturers to use hyaluronic acid to gain a competitive edge.

Over the course of the forecast period, the market for digestive health drinks is anticipated to rise at a CAGR of 6.09%, reaching a valuation of US$ 47 billion by 2032.
Future Market Insights (FMI) projects that the global hyaluronic acid market will expand at a compound yearly growth rate (CAGR) of 6.4% and reach a value of around US$ 16.4 billion by 2032.

Expanding consumer demand for nutrient-dense meals and supplements is thought to be the primary driver of market growth. Large producers are gradually including fortified components, such hyaluronic acid, into their products in order to meet the increasing demand.

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Application in dietary supplements with fortified nutrients for general human body development is projected to fuel the increase as customers become more aware of hyaluronic acid’s advantages.

The cells of the human body contain the naturally occurring molecule hyaluronic acid. The fluids of the eyes and joints have the highest levels of hyaluronic acid.

Hyaluronic acid demand is therefore anticipated to increase throughout the course of the assessment period in the pharmaceutical and cosmetics industries. This is as a result of its nutrition and moisturising properties, which moisturise and plump the skin.

Key Takeaways from Market Study

  • Based on grade, the pharmaceuticals segment is anticipated to account for around 33.2% of the market share over the forecast period.
  • North America hyaluronic acid market is expected to witness a lucrative growth rate of 7.0% CAGR during the forecast period.
  • East Asia is expected to account for 25.6% in the global hyaluronic acid market through 2032.
  • In terms of end-use, the food industry is expected to hold a market share of over 15.2% over the forecast period

“Manufacturers are developing hyaluronic acid-based supplements and injectable in response to the rising incidence of osteoporosis and rheumatoid arthritis. As a result of growing prevalence of bone and joint problems, the market for hyaluronic acid is expected to increase significantly during the forecast period.” says a Future Market Insights analyst.

Competitive Landscape

Market participants are always pursuing joint ventures, mergers and acquisitions, and other strategic efforts. Archer Daniels Midland Company and Royal DSM are two significant companies attempting to expand their global footprints and capacities.

Leading corporations in fast-growing regions such as East Asia and South Asia are also striving to broaden their product lines in order to get a competitive advantage.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global hyaluronic acid market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on grade (cosmetics industry, pharmaceutical industry, dietary supplements), end-use (pharmaceutical industry, dermatology clinics & cosmetic surgery centers, food industry, personal care) across seven major regions of the world.

Hyaluronic Acid Market by Category

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Dietary Grade

By End-Use:

  • Pharmaceutical Industry
  • Dermatology Clinics & Cosmetic Surgery Centers
  • Food Industry
  • Personal Care

By Region:

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

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports about the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

About Future Market Insights, Inc.

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 favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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ASEAN Conveyor System Market Surges to US$ 3.7 Billion by 2032

The ASEAN (Association of Southeast Asian Nations) conveyor system market is experiencing a surge in growth, driven by several factors:

Current Scenario:

  • The market is dominated by countries like Thailand, Malaysia, Indonesia, and Vietnam, which boast flourishing manufacturing sectors.
  • Demand is primarily driven by industries like:
    • Automotive (assembly lines)
    • Electronics (production lines)
    • Food & Beverage (bottling, packaging)
    • E-commerce (fulfillment centers)

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Growth Factors:

  • Rapid Industrialization: The ongoing industrialization across ASEAN nations, particularly in Vietnam and Indonesia, is a key driver. As these countries become manufacturing hubs, the need for efficient material handling solutions like conveyor systems grows.
  • Rise of E-commerce: The booming e-commerce sector in Southeast Asia is driving demand for automated warehouse and fulfillment systems, which heavily rely on conveyor belts for efficient product movement.
  • Government Initiatives: Many ASEAN governments are actively promoting infrastructure development and foreign investment in manufacturing. This creates a favorable environment for the conveyor system market.
  • Growing Focus on Automation: Labor cost increases and a growing need for operational efficiency are pushing companies in ASEAN to automate their processes. Conveyor systems play a crucial role in automated production lines.

Future Trends:

    • Demand for Specialized Conveyors: The market is expected to see a rise in demand for specialized conveyor systems like modular conveyors, which offer greater flexibility and easier customization for specific applications.
    • Technological Advancements: Integration of technologies like sensors and AI for real-time monitoring and control of conveyor systems is anticipated. This will optimize performance and enable predictive maintenance.
    • Growing Adoption of Sustainable Solutions: There might be a growing focus on energy-efficient conveyor systems and those made from recycled materials, aligning with increasing sustainability concerns.
    • Rise of Local Manufacturers: The ASEAN conveyor system market might see a rise in local players alongside established international brands. This could lead to more competitive pricing and cater to specific regional needs.

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Increasing legalization and shifting consumer views on cannabis are opening doors for the cannabis drinks market | FMI

cannabis drinks market
cannabis drinks market

The cannabis drinks market is Over the course of the forecast period, the market for digestive health drinks is anticipated to rise at a CAGR of 6.09%, reaching a valuation of US$ 47 billion by 2032.
growing as a result of more legalization and changing consumer perceptions. Novel goods like THC-laced beers and waters enhanced with CBD are appealing to a wide range of palates. Among the health benefits driving the estimated 37.3% CAGR growth to reach a US$ 8.3 billion valuation by 2032 are better sleep, weight loss, and less anxiety.

Over the course of the forecast period, the market for digestive health drinks is anticipated to rise at a CAGR of 6.09%, reaching a valuation of US$ 47 billion by 2032. The market for cannabis drinks is expanding at a rate never seen before thanks to the increasing legalization of cannabis and changing consumer attitudes. The market provides a wide range of products to suit different tastes and moods, including THC-infused craft beers and effervescent waters flavored with CBD. A growing number of people, more distribution channels, and health benefits are the main drivers of this rapidly growing industry.

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The global cannabis drinks market is set to witness growth at a CAGR of 37.3%and top a valuation of US$ 8.3 Billion by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression, and anxiety reduction, blood pressure regulation, and others, are predicted to fuel global cannabis drinks growth over the forecast period (2022-2032).

Additionally, it is anticipated that as the usage of cannabis for the treatment of cancer, epilepsy, cancer, and pain will increase, so will the demand for cannabis drinks. Similar to this, the sector benefited from the legalisation of cannabis for medical or recreational purposes.

As a result, a number of top cannabis beverage companies have significantly increased their product offerings, increasing both the diversity and quantity of options for consumers. Through 2022 and beyond, this is predicted to more than 20x the demand for cannabis drinks.

Key Takeaways from Market Study

  • The cannabis drinks market is worth of US$ 0.4 Bn sales in 2022 and expand at CAGR of 3% between 2022 and 2032.
  • Global cannabis drinks demand is projected to grow year-on-year (Y-o-Y) growth of 2% in 2022.
  • India is expected to be the most lucrative cannabis market in South Asia over the assessment period.
  • In terms of product type, the alcoholic cannabis infused drinks segment is expected to record the highest CAGR during the forecast period.

“Cannabis drinks sales are increasing from regulated dispensaries, creating a multitude of options for specialized retailers to present appetizing and creative drinks, which are infused with active cannabis. In addition to that, distribution channels, which are allowed to serve cannabis drinks as the go-to-place for cannabis-based edibles, are likely to gain momentum in the upcoming decade,” says a Future Market Insights analyst.

Competitive Landscape

Key cannabis drinks brands are conducting several researches and looking for new strategic partnerships, while key business brands are focusing on developing the applications in food industry to generate high quality food and beverage solutions. Top players are focusing on new formulations and product innovations to gain market share and attract more customers towards the product.

  • In December 2018, Ceria Grainwave, a THC infused non-alcoholic beer made its debut on dispensary shelves.
  • In 2017, the 3rd largest beer manufacturer in the US, Constellation Brands, announced to a partnership with the largest marijuana grower in the world, Canopy Growth to develop cannabis drinks.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global cannabis drinks market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (alcoholic cannabis infused drinks and non-alcoholic cannabis infused drinks), component (tetrahydrocannabinol or THC infused drinks and cannabidiol or CBD infused drinks), flavor (unflavoured and flavoured), and sales channel (B2B / HoReCa and B2C), across seven major regions of the world.

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Cannabis Drinks Market by Category

By Product Type, Cannabis Drinks Market is Segmented as:

  • Alcoholic Cannabis Infused Drinks
    • Cannabis Infused Wine
    • Cannabis Infused Beer
    • Other Cannabis Infused Spirits
  • Non-Alcoholic Cannabis Infused Drinks
    • Cannabis Infused Water
    • Cannabis Infused Coffee
    • Cannabis Infused Tea
    • Cannabis Infused Juice
    • Other Cannabis Infused Functional Drinks

By Component, Cannabis Drinks Market is Segmented as:

  • Tetrahydrocannabinol (THC) Infused Drinks
  • Cannabidiol (CBD) Infused Drinks

By Flavor, Cannabis Drinks Market is Segmented as:

  • Unflavoured
  • Flavoured
    • Fruit
    • Apple Cider
    • Black Tea
    • Butter
    • Cappuccino
    • Caramel
    • Cheese
    • Lemon
    • Others

By Sales Channel, Cannabis Drinks Market is Segmented as:

  • B2B / HoReCa
  • B2C
    • Hypermarkets /Supermarkets
    • Food Specialty Stores
    • Online Retail
    • Others Retail Formats

By Region, Cannabis Drinks Market is Segmented as:

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

Frequently Asked Questions

  • How much worth is the cannabis drinks industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of cannabis drinks over the past half-decade?
  • What will be the market for cannabis drinks worth in 2032?
  • Who are the key players operating in the market?
  • What are the key factors affecting the cannabis drinks market growth

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact:

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Global Pipette Tips Market is anticipated to achieve US$ 1.47 billion by 2032, showcasing an exceptional growth trajectory, as per FMI

Pipette Tips Market
Pipette Tips Market

The global pipette tips market is gearing up for unprecedented growth, as recent market analyses project an impressive Compound Annual Growth Rate (CAGR) of 8% from 2022 to 2032. In 2022, the market boasted a revenue of US$ 680.40 million, and industry experts foresee a substantial surge, catapulting the market to an estimated valuation of US$ 1.47 billion by 2032.

Pipette tips, the indispensable components in laboratory workflows across diverse industries such as pharmaceuticals, biotechnology, and research, are experiencing a consistent rise in demand. This surge is attributed to advancements in life sciences and research activities, driving the need for precise and efficient liquid handling solutions. This increasing demand stands as a pivotal force behind the remarkable growth trajectory of the global pipette tips market.

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The exponential growth of the pipette tips industry is a testament to the crucial role it plays in facilitating laboratory operations worldwide. As laboratories in pharmaceuticals, biotechnology, and research intensify their focus on precision and efficiency, the demand for high-quality pipette tips is poised to soar.

Notable industry analysts are optimistic about the sustained growth, citing the expanding applications of pipette tips in various sectors. The versatility of these essential components in catering to evolving research needs is expected to further propel the market forward.

This growth trajectory signifies not only the market’s potential but also the industry’s commitment to providing cutting-edge solutions that meet the evolving demands of the scientific community. The global pipette tips industry is poised to shape the future of laboratory operations, contributing significantly to advancements in life sciences and research.

Pipette Tips Market Overview:

The pipette tips market has experienced steady growth in recent years due to the increasing demand for advanced laboratory equipment and the rising focus on research and development activities. The market is driven by factors such as technological advancements, automation in laboratories, and the need for accurate and precise liquid handling.

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Key Factors Driving the Market:

  • Growing Research and Development: The expanding research and development activities in life sciences, biotechnology, and pharmaceutical industries have created a demand for pipette tips. These tips are used for precise liquid handling, ensuring accurate and reproducible results.
  • Advancements in Laboratory Automation: The increasing adoption of laboratory automation systems, including automated liquid handling systems, has significantly boosted the demand for pipette tips. These systems require disposable tips for contamination control and efficient workflow management.
  • Increased Focus on Quality and Productivity: Laboratories are increasingly focusing on enhancing productivity and ensuring quality control in their operations. Pipette tips play a crucial role in achieving these objectives by minimizing the risk of cross-contamination and offering reliable performance.

Key Takeaways:

  • The standard product segment dominates the pipette tips market in product insight. It accounts for 32.5% of total revenue and is expected to grow at a healthy rate in the future.
  • In terms of technology insight, the non-robotic pipette tip segment is anticipated to have highest revenue in the pipette tips market share of 56.4% through 2032 and is expected to grow significantly during the forecast period.
  • In terms of application insight, the pharma and biotech segment dominates the pipette tips market, accounting for 32.3% of total revenue. The segment is expected to grow at the fastest CAGR during the forecast period, maintaining its leading position in the pipette tips market.
  • North America dominates the pipette tips market, accounting for 37.5% of the total revenue.

Competitive Landscape:

New market research report on pipette tips will offer valuable insight into the market, with a focus on some of the major players such as Thermo Fisher Scientific, Sartorius AG, CORNING INC., Mettler Toledo, Tecan Trading AG, Hamilton Company, Eppendorf AG, and others.

Pipette tips market participants’ key strategic initiatives include new product development, collaborations, regional expansions, and mergers.

Recent Development:

Collaboration:

  • Moderna, Inc., a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Thermo Fisher Scientific Inc. announced a 15-year strategic collaboration agreement in 2022 to enable dedicated large-scale manufacturing in the United States of Spikevax, Moderna’s COVID-19 vaccine, and other investigational mRNA medicines in its pipeline, resulting in increased use of essential lab supplies such as pipette tips.

Expansion:

  • Thermo Fisher Scientific announced a $140 million investment to expand its laboratory plastics disposables production in order to meet global demand for pipette tips during COVID-19 testing, as well as for the development and manufacturing of therapies and vaccines.

Acquisition:

  • Sartorius has acquired Biological Industries Ltd., a manufacturer of cell culture and molecular biology research products.

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Key Segments:

By Product:

  • Standard
  • Filtered
  • Low-retention
  • Others

By Technology:

  • Robotic
  • Non-robotic

By Applications:

  • Diagnostics and Healthcare
  • Pharma and Biotech
  • Academia and Education
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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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Body Blurring Cosmetics Market Projected to Exceed US$ 17,500 Million by 2032: Growth Trends and Forecasts

Body Blurring Cosmetics Market
Body Blurring Cosmetics Market

The global body blurring cosmetics market size is expected to reach ~US$ 8,500 million in 2022 and further grow at ~7.4% CAGR during the forecast period (2022 to 2023), with overall sales of body-blurring cosmetics expected to surpass a total market valuation of ~US$ 17,500 million by 2032.

Rising skin concerns, particularly among the younger demographic, are poised to drive growth in the global blurring cosmetics market in the forecast period. These cosmetic products offer consumers the ability to address skin imperfections, minimize the appearance of large pores, achieve an airbrushed finish, and enhance overall facial and body aesthetics.

In addition, companies are focused on developing body-blurring products laced with natural ingredients that appeal to eco-friendly and health conscious beauty enthusiasts. Being innovative and continuously developing new products, they have managed to introduce a variety of limited edition blurring cosmetics that meet the sophisticated demands of premium customers throughout the country.

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Increasing popularity of natural blurring cosmetics, change in focus to enhancing one’s facial aesthetics and innovations related with new buringing the entire body forward.

Body blurring cosmetics are skin care solutions that instantly blur all imperfections, blemishes, spider veins, aging marks, and pores, and smooths skin. These products are being increasingly used by people to improve their body and facial aesthetics.

The importance of beautification to mankind is considered the primary driver for the growth of body blurring cosmetics market across the globe. Similarly, growing product awareness among consumers has propelled the demand for body care products including body blurring cosmetics and the trend is expected to continue during the projection period.

The body blurring cosmetics market is dominated by natural segment which accounts for around 54.3% market share. Rising concern about the side effects of organic blurring cosmetics products have shifted the consumer’s attention towards natural ingredient products which will accelerate the natural type of blurring cosmetics products market.

Key market players are likely to focus on product penetration across regions like Latin America and South Asia. They are developing blurring cosmetics products with natural ingredients, which in turn is expected to boost the demand for blurring cosmetics in the near future. Moreover, product advertisement related to customer sentiments is a key strategy adopted by body blurring cosmetics manufacturers.

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Key Takeaways from the Body Blurring Cosmetics Market Study

  • By product type, the natural type segment currently holds the largest share of around 54.3% in the global body blurring cosmetics market.
  • Based on form, the cream segment holds a significant market share of ~35.9% and it is anticipated to grow at a CAGR of ~6.5% during the forecast period.
  • North America and Europe together hold the major share of around 46.5% and the trend is likely to continue during the assessment period.
  • The U.S. body blurring cosmetics market is likely to grow at a robust pace during the next ten years.
  • Demand for body blurring cosmetics across the U.S. is poised to surge at a healthy CAGR through 2032.

“Body blurring cosmetics providers are expanding their product lines to cater to all types of body care requirements. They are also focusing on new ways of marketing by partnering with local and global players in the market to spread their reach in the international market,” says an FMI analyst.

Who is Winning?

Leading manufacturers of body blurring cosmetics are focused on aggressive promotional strategies, advertisements, and new product launches to gain a competitive edge in the market.

  • Loreal SA
  • Amway Corporation
  • Beiersdorf
  • Benefit Cosmetics LLC
  • Chanel S.A.
  • Clarins Group
  • Coty Inc.
  • Estee Lauder Companies Inc.
  • Kao Corporation
  • Laverana GmbH & Co. KG
  • LVMH (Moët Hennessy -Louis Vuitton)
  • MAC cosmetics
  • Mary Kay Cosmetics
  • Procter & Gamble Co.
  • Revlon Inc.
  • Shiseido Co., Ltd.
  • Other Key Manufacturers (As per requirement)

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global body blurring cosmetics market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the body blurring cosmetics market based on Product Type (Natural and Organic), form (Gel, Cream and Liquid), Price Range (Premium, and Mass), and Sales Channel (Hypermarket/Supermarket, Departmental Stores, Convenience Stores, Mono Brand Stores, Specialist Retailers, Drug Stores, Online Retailing, and Direct Selling) across seven major regions.

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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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Customer-To-Customer (C2C) Community Marketing Software Market Set to Exceed US$ 2.8 Billion with 6.2% CAGR by 2032

The global customer-to-customer (C2C) community marketing software market is expected to garner a market value of US$ 2.8 Billion by 2032 while recording a CAGR of 6.2%. The growth of the market can be attributed to the increasing public engagement and the surging importance of community engagement platforms across the globe. Also, with the rising ownership of smartphones, the industry is likely to benefit.  

Furthermore, the surged popularity of online auctions has enhanced the market size. Benefits offered such as; larger reach, more buyers, and cost-effectiveness, among others, are likely to support the market expansion. Integration of artificial intelligence in the C2C community marketing software is expected to offer various opportunities to the market. Also, with the presence of various startups, the market is likely to flourish in the assessment period.

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For instance, in April 2022, a Nashville-based firm, known as Crank Farm, rolled out a social auction platform that focuses on cyclists who want to sell or buy performance bicycles. On the contrary, risks associated with fraudulent activities in C2C marketing platforms are likely to hamper the market in the forecast period. However, the implementation of stringent laws in several countries, such as Australia, is expected to act as a significant counter, which can benefit the industry in the coming time.  

Key Takeaways from the Customer-To-Customer (C2C) Community Marketing Software Market Report: 

  • The cloud-based segment to expand at a CAGR of 6.1% during the forecast period  
  • The U.S market size is to reach US$ 1 Billion by the end of the 2022-2032 forecast period 
  • Market in the UK to expand at a CAGR of 4.8% from 2022 to 2032  
  • Japanese market to record a CAGR of 4.5% in the assessment period  
  • Market in South Korea to exhibit a CAGR of 4% from 2022- to 2032
  • The retail and e-commerce segment exhibited a growth rate of 5.7% during the assessment period 

Competitive Landscape:
Players in the market are focusing on expanding their reach across the globe through various strategies such as; acquisitions, partnerships, and product launches, among others. Some of the key players in the market include Meta, Bevy, LinkedIn Corporation, Tribe Technologies Inc., and Meetup Pro. Key developments in the sector are: 

  • In July 2021, Bevy, a US-based firm that focuses on enabling businesses to build community, acquired Eventtus. Eventtus is an Egyptian startup, which creates even apps that enable organizers to engage attendees. Customers will experience benefits such as a white-labeled community event engine, ticketing, and registration that is fully integrated and powered by a matchmaking algorithm, and interactive sessions that offer Q&A, polls, and reactions.  
  • In February 2022, LinkedIn acquired Oribi, a Tel-Aviv-based marketing analytics company. The initiative was taken to offer a more comprehensive suite of marketing solutions to businesses. It was LinkedIn’s first-ever Israeli acquisition.

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Customer-To-Customer (C2C) Community Marketing Software Market Segmentation:

By Type:

  • On-Premises
  • Cloud-based

By Application:

  • Retail and e-Commerce
  • Health and Life Sciences
  • BFSI
  • Transport and Logistics

By Enterprise Size:

  • Small and Medium Enterprises
  • Large Enterprises

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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Black Friday Sale Market Poised for Growth: Predicted to Reach Nearly US$ 1,123.9 Billion by 2032 with a CAGR of 15.2%

Black Friday Sale Market
Black Friday Sale Market

During the forecast period, the Black Friday sale market is predicted to grow at a CAGR of 15.2%, with the overall market share estimated to reach nearly US$ 1,123.9 Billion by 2032, expanding from a total worth of US$ 273.1 Billion in 2022.

Black Friday, once a single day of chaotic shopping, has evolved into the opening day of a sale marathon that lasts until Cyber Monday. This shift is credited to its prominence on the global retail agenda, sparking a massive shopping spree leading up to Christmas and New Year parties.

Global retailers targeting Black Friday sales must now more than ever provide customers with delightful online experiences in view of the post-pandemic adjustments in consumer preferences. So, bounce rate, time on site, and other factors may change when you recognize the digital tools and resources that encourage customers to take action.

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The overall sales fell just short of the previous record in 2020 at US$ 8.9 billion. Some speculate that this was due to the pandemic’s lasting effects of out-of-stock products, extended shipping times, etc., as well as earlier online sales that may have taken some of the steam. Global, as well as regional retailers aiming to make a fortune out of Black Friday sale events, must deal with these quick-changing adjustments if they want to fully benefit from the shopping season.

Key Takeaways from the Black Friday Sale Market Study

  • Based on product type, clothing goods are figured out to be the dominating segment contributing to almost 51% of the sales, followed by consumer appliances contributing nearly 24%.
  • According to consumer orientation, market players mostly target the Gen-Z buyer segment, which is responsible for approximately 48% of the overall sales achieved globally. While millennial buyers also make up a substantial part of the market by contributing a market share of 28%.
  • In the end-user category of the market report, men were found to be the major buyers during the Black Friday sale event, with overall sales of this segment amounting up to 48% of the overall sales.
  • On the basis of sales channels, online sales are presently the prominent mode for Black Friday deals. This segment has exhibited constant growth over the past few years against in-store distribution channels and will capture almost 69% of the market share in 2022.

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Competitive Landscape for the Black Friday Sale Market

  • Amazon
  • Walmart
  • Target
  • Macy’s
  • Best Buy
  • Puma
  • John Lewis
  • Luxe Strap
  • New Egg
  • Ebay
  • Apple
  • H&M
  • Zara
  • GoDaddy
  • Adidas
  • Big Rock
  • Others

Key Segments

By Product Type:

  • Clothing
  • Footwear
  • Beauty & Personal Care
  • Consumer Electronics
  • Consumer Appliances
  • Accessories
  • Books
  • Toys & Games
  • Jewellery
  • Gift Cards
  • Others

By Consumer Orientation:

  • Baby Boomers
  • Millennials
  • Gen-Z
  • Gen-X
  • Others

By End User:

  • Men
  • Women
  • Kids

By Sales Channel:

  • In-store
  • Online Sales

By Region:

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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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The increasing demand for quick, convenient, and nutritious meal solutions due to busy lifestyles is fueling market growth | FMI

 meal replacement products market
 meal replacement products market

The  meal replacement products market  is poised to hit $23.2 billion by 2032, driven by rising health consciousness amid escalating chronic Over the course of the forecast period, the market for digestive health drinks is anticipated to rise at a CAGR of 6.09%, reaching a valuation of US$ 47 billion by 2032.
illnesses, increasing the need for better food options across the globe.

The market for meal replacement products is anticipated to grow from US$ 12.5 billion in 2022 to US$ 23.2 billion in 2032. Over the forecast period of 2022 to 2032, the market is anticipated to develop at a compound annual growth rate of 6.4%.

Over the course of the forecast period, the market for digestive health drinks is anticipated to rise at a CAGR of 6.09%, reaching a valuation of US$ 47 billion by 2032.
Consumer knowledge of healthy eating and weight control has grown as chronic diseases including diabetes, obesity, cardiovascular disease, and high cholesterol become more common. This aspect is anticipated to significantly increase the market for meal replacement products over the estimated timeframe (2022–2032).

Meal replacement products are rich in protein and fiber and include 200–400 calories per serving. Shakes and bars are a quick, satiating, and nutrient-dense way to replace meals. Given that meal replacement products provide essential nutrients, the market is expected to grow during the study period.

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2017-2021 Meal Replacement Products Demand Outlook Compared to 2022-2032 Forecast

The busy lifestyles and hectic schedules of consumers, along with the rising consumer demand for healthful, delicious, and high-quality food products, are expected to drive market growth. Due to their longer workdays and more sedentary lifestyles, consumers are driving the demand for quick meals that can sate their appetites. Since they provide extra nutrients and energy, ready-to-eat meal replacement products are therefore quite popular among those who work.

Ready-to-eat foods can be prepared fast and provide a balanced meal with all the essential nutrients, including calories, proteins, and fats. Over the past few years, there has been an increase in demand for organic and natural meal replacement products as a result of consumers’ rising awareness of the ingredient list and nutritional content, as reported by the clean label movement.

The most practical meal replacement options are protein bars and shakes that are ready to consume. Additionally, this increases their shelf life and makes them portable, enabling consumption while on the road. The aforementioned reasons (2022-2032) are expected to significantly boost meal replacement product sales over the evaluation period.

The global market for meal replacement products is expected to grow at a CAGR of 6.4 percent between 2022 and 2032, up from the 4.1 percent seen between 2017 and 2021, according to Future Market Insights.

Competition Landscape

The global meal replacement products market consists of a large number of competitors. Some of the top meal replacement products market participants such as Abbott Laboratories, Amway, Kellogg Co., Nestle S.A., Atkins, Glanbia plc, and Herbalife Nutrition among others are focusing on introducing and innovating their product portfolios to attract a large consumer base and enhance brand loyalty.

Some of the leading manufacturers of meal replacement products are simultaneously attempting to work with and collaborate with start-up businesses in order to co-create distinctive flavours and increase market share.

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Meal Replacement Products Market Outlook by Category

By Product Type:

  • Ready-to-eat Food
  • Ready-to-drink Beverages
  • Powder
  • Fruits
  • Plant Protein Shakes
  • Protein Bars
  • Others

By Source:

  • Plant-based
  • Synthetic

By Distribution Channel:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region:

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

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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
LinkedIn| Twitter| Blogs | YouTube