Market Research Blog – Page 3369 – New Product Development

Polycoated Paper Packaging Market Set for Robust Growth; Global Demand Projected to Increase Significantly During 2021-2031

The global poly-coated paper packaging market is forecasted to experience substantial growth from 2021 to 2031, propelled by increasing demand across various industries such as food and beverages, building and construction, chemicals, cosmetics, and automotive. This growth is not only evident in developed regions but also in developing countries, with the Asia Pacific region emerging as a particularly opportunistic market due to ongoing industrial developments and rising consumer consumption.

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Key Drivers of Market Growth:

Versatile Properties of Polycoated Paper Packaging: The surge in demand for polycoated paper packaging can be attributed to its myriad properties, including hygiene enhancement, extended preservation times, and heat sealing capability. Additionally, the material offers grease, aroma, gas, and moisture barrier properties, making it suitable for diverse applications across industries.
Specialized Design and Durability: Polycoated paper packaging features a unique design, often characterized by a shiny or waxy coating on one or both sides, enhancing its durability and versatility. This makes it a preferred choice for industries such as food service, packaging, steel production, and shipping.
Environmental Considerations: In response to growing concerns about the environmental impact of plastic packaging, there is increasing demand for environmentally friendly alternatives such as polycoated paper packaging. As awareness of environmental issues and waste management grows, the demand for sustainable packaging materials continues to rise worldwide.

Market Outlook for North America:

United States: The North American market, particularly in the United States, presents significant growth opportunities for polycoated paper packaging, driven by the culture of packaged food consumption and the growth of the paper and packaging industry. The food and beverages sector in the US is a major consumer of polycoated paper packaging, further boosting market demand.

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Future Growth Opportunites:

Sustainable Packaging Solutions: With growing environmental concerns, there’s a rising demand for polycoated paper packaging solutions that are eco-friendly and biodegradable, presenting an opportunity for manufacturers to develop innovative sustainable options.
Food Delivery and Takeout Services: The surge in food delivery and takeout services, especially due to the COVID-19 pandemic, has led to an increased need for convenient and durable packaging solutions. Polycoated paper packaging offers a lightweight yet sturdy option for these purposes.
E-commerce Packaging: The rapid expansion of e-commerce has boosted the demand for packaging materials that can withstand shipping and handling while maintaining product integrity. Polycoated paper packaging provides a cost-effective and protective solution for online retailers.
Customization and Branding: Companies are increasingly investing in customized packaging solutions to enhance brand visibility and create a memorable unboxing experience for customers. Polycoated paper packaging offers versatility in design and printing, allowing for unique branding opportunities.
Regulatory Compliance: Stringent regulations regarding single-use plastics and packaging waste management are driving businesses to adopt more sustainable packaging alternatives. Polycoated paper packaging aligns with these regulations and offers a viable solution for compliance while meeting consumer expectations.

Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Polycoated Paper Packaging Market market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

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Market Segmentation

Based on Product Type:

Bleached
Unbleached

Based on Product Form:

Printed polycoated paper
Unprinted polycoated paper

Based on Application:

Food and Beverages
Cosmetics and personal care
Automotive
Building and Construction
Electrical and Electronics
Chemical
Others(Animal Feed,etc.)

Based on the Region:

North America
- U.S. and Canada
Latin America
- Mexico, Brazil, Peru, Chile, and others
Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
Eastern Europe
- Poland and Russia
Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
The Middle East and Africa
- GCC, Southern Africa, and North Africa

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Speech and Voice Analytics Market is Expected to Expand at a CAGR of 22.3% from 2022 to 2032

The Speech and Voice Analytics Market incomes were assessed at US$ 1.8 Bn in 2021 and is expected to develop at a CAGR of 22.3% from 2022-2032, as per an as of late distributed Future Market Insights report. Toward the finish of 2032, the market is supposed to arrive at a valuation of US$ 16.2 Bn.

Banks can offer normal, human-like conversations and satisfying commitment with clients by coordinating speech innovation with telephone banking. Banking firms focus on development to further develop their web banking offices. Beforehand, they depended on tedious and badly arranged techniques, for example, secret word verification, security questions, and One-Time Passwords (OTPs).

This situation, however, is evolving. Banks have perceived the need of supporting client experience and reinforcing security by integrating speech acknowledgment innovation into portable applications. Monetary help organizations, for example, Barclays Bank, United Services Automobile Association (USAA), and ING Bank have proactively started offering voice confirmation administrations to their clients to further develop the client experience, and they have gotten an ideal response.

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As per a FICO survey acted in the United States and Canada, 65% of Americans and 64% of Canadians were happy with uncovering their biometric data in 2020, demonstrating trust in biometric security. Barclays Bank participated close by Nuance Communications (US) in April 2020 to carry out a voice-biometric framework connected with regular language handling (NLP) to check clients via telephone.

The bank says that customer complaints about security have been decreased by 90%, and that average contact time has been lowered by 15%. HSBC has become the first bank to employ speech recognition for banking clients in February 2019. It has made a fundamental step toward the establishment of biometric banking.

Korean bank IBK also implements a biometric speech identification system that is dependent on speech recognition technology, allowing customer service centers to authenticate IDs in 15 seconds. Such advancements are likely to increase the need for speech analytics.

Key Takeaways from the Market Study

Global Speech and Voice Analytics Market is expected to reach a market size of US$ 2.2 Bn by 2022.
In terms of Component, the Solutions segment is expected to have the highest CAGR rate of 20.9% during the forecast period.
In terms of Deployment Mode, the Cloud segment is expected to have the highest CAGR rate of 19.9% during the forecast period.
United States is likely to remain the most dominant market with an absolute dollar growth opportunity of US$ 4.5 Bn during 2022 – 2032.
The market in U.S. is set to experience the highest CAGR of 21.6% during the forecast period.

“During the projected period, the rise of Solutions in terms of the component can become a key driver in raising the Speech and Voice Analytics Market revenue.” comments a Future Market Insights analyst.

Competitive Landscape

The Speech and Voice Analytics Market is highly concentrated, with only a few competitors accounting for the vast majority of the market share. The established firms are attempting to obtain supremacy in this sector. These firms are increasing their profits and market shares through smart joint projects. Some development in the Speech and Voice Analytics Market include:

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In August 2021, Avaya, a leading company in solutions to improve and enhance communications and collaboration, declared the acquisition of CTIntegrations, a U.S.-based specialist contact center system integration, and software development firm. CTIntegrations also announced to expand Avaya’s digital capabilities for its large contact center client base and enhanced the Avaya OneCloud AI-powered experience platform.
In December 2021, Genesys Telecommunications, a provider of customer experience management, announced that it has completed the takeover of Pointillist and Exceed.ai. Exceed.ai, renowned for its established intelligence lead activation and discussion processor, and Pointillist, known for its award-winning experience management platform, will fast-track how organizations communicate with consumers across the sales, marketing, and service lifecycle.

More Insights Available

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

The study reveals extensive growth in the Speech and Voice Analytics Market in terms of Components (Solutions (Speech Engine, Indexing and Query Tools, Reporting and Visualization Tools, Quality Management, Root Cause Analysis, Other Solutions (Emotion Detection and Workforce Optimization)), Services (Managed Services, Professional Services)), Application (Customer Experience Management, Call Monitoring and Summarization, Agent Performance Monitoring, Sales and Marketing Management, Risk and Compliance Management, Sentiment Analysis, Other Applications), Deployment Mode (On-premises, Cloud), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Vertical (Banking Finance Services and Insurance (BFSI), IT and Telecom, Media and Entertainment, Healthcare and Life Sciences, Retail and E-Commerce, Travel and Hospitality, Government and Defence, Other Verticals), and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa (MEA)).

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Market Segments Covered in Speech and Voice Analytics Market Analysis

By Component:

Solutions
- Speech Engine
- Indexing and Query Tools
- Reporting and Visualization Tools
- Quality Management
- Root Cause Analysis
- Other Solutions
Services
- Professional Services
- Managed Services

By Application:

Customer Experience Management
Call Monitoring and Summarization
Agent Performance Monitoring
Sales and Marketing Management
Risk and Compliance Management
Sentiment Analysis
Other Applications

By Deployment Mode:

On-premises
Cloud

By Organization Size:

Large enterprises
Small and Medium-sized Enterprises (SMEs)

By Vertical:

Banking Finance Services and Insurance (BFSI)
IT and Telecom
Media and Entertainment
Healthcare and Life Sciences
Retail and E-Commerce
Travel and Hospitality
Government and Defence
Other Verticals

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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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Social Media Content Creation Market Thrives: Valuation Surges to US$ 5.07 Bn in 2022, Projected CAGR of 14.5% by 2032

According to a recent study, Social Media Content Creation Market reached a valuation of US$ 5.7 Bn in 2022 and is expected to reach US$ 19.64 Bn in 2032, at a 14.5% CAGR from 2022 to 2032. As marketing professionals seek to reach a bigger consumer base, there is a growing demand for content development tools across many business sectors. A rapid rise in the adoption of social media content creation tools is expected owing to:

increased IT expenditure
AI usage
cloud computing implementation

decreased data storage costs
rise of e-commerce business platforms.

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Marketing and sales tactics are increasingly heavily reliant on social media content creation software tools and service platforms. And, in almost every industry, digital marketing is becoming a critical—if not essential—part of any marketing department.

Digital content development for social media platforms like Twitter, Facebook, and YouTube is exploding, propelling the social media content creation market forward. HubSpot, Moovly Media, Shopify, Zoom Video Communications, and Atlassian Corporation are all active IT businesses in the field, and they all control the social media content creation market share.

Manufacturers and software developers are offering new prospects as a result of technology developments and product innovations that merge hardware and software to generate social media content. Not only are the market’s major players stepping up their game, but start-ups and newcomers are carving out a position for themselves in an increasingly global social media content creation marketplace.

SME growth is accelerating in high-growing areas such as Asia-Pacific (APAC) and the Middle East, contributing considerably to the expanding social media content creation market. In this demographic, social media creation and management solutions are perfect since they allow marketers to communicate directly with their audiences across several social media platforms at a cheap cost.

The social media content creation market is segmented into content type, enterprise size, end-user industries and region. The YouTube content creation segment of the social media content creation market is expected to lead the market with a share of 40.3% in the global industry. The large enterprises segmented is also driving the social media content creation market forward with a share of 73.2%. The share of SMEs in the social media content creation market is less but it is picking up at a rapid pace owing to the changing market outlook and global scenario.

US Social Media Content Creation Demand to Grow Nearly 11.9% Annually Through 2032

The demand for social media content creation in USA is projected to have a share of 72.4% in 2022 and is expected to lead the social media content creation market at a high pace.

APAC region is anticipated to lead the social media content creation market throughout the forecast period owing to growing customer base and changing consumer preferences. Growth in the APAC region could be attributed to the following factors:

The Indian social media content creation market is projected to have a share of 39.8% in the global market and is also expected to grow at a high rate of 14.2% throughout the forecast period.
The Chinese social media content creation market is growing at a CAGR of 15.9% from 2022 to 2032.
The demand for social media content creation in Japan is expected to grow at a rate of 12.2% throughout the forecast period and it is also holding a market share of 32.9% globally.
The China social media content creation market is holding the highest share of the market in the APAC region of 47.1%.

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The report provides a thorough analysis of the social media content creation market. In-depth qualitative research, verifiable data from reliable sources, and market size predictions are all included in the report. The estimates are based on well-established research methodology.

Key segments

By Content Type:

Instagram Content Creation
Facebook Content Creation
Tiktok Content Creation
YouTube Content Creation
Others

By Enterprise Size:

Small & Medium Sized Enterprise
Large Enterprise

By End Use:

Travel & Hospitality
Retail
Education
Healthcare
Media & Entertainment
Telecom & IT
Others

By Region:

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

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Author:

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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Nandini Singh Sawlani

Currency Exchange Bureau Software Market Thrives with a 7.2% Y-o-Y Surge, Anticipates Reaching US$ 1.2 Billion by 2032

By 2032, sales of currency exchange bureau software market are projected to reach US$ 1.2 billion, growing at a compound annual growth rate of 6.4%. More support from the government to encourage market expansion is anticipated in the upcoming years. In 2022, the industry is projected to generate US$ 654.4 million.

The industry is growing as a consequence of the accessibility of several online platforms that guarantee the delivery of goods and services in a centralised, secure setting and streamline international currency conversion. Because of easy options, money availability, and technological developments, the currency exchange bureau industry is predicted to increase.

As per the analysis, the software segment is anticipated to hold remunerative opportunities for the global currency exchange bureau software market. Various developing countries are making significant developments in their budgets, thereby, offering lucrative opportunities to players in the market.

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Key Takeaways:

By component, the software segment is expected to record a 6.5% CAGR by 2032
By enterprise size, the large enterprise segment to expand at a 6.6% growth rate during the forecast period
The U.S market to garner US$ 432.6 Million and record a 6.1% CAGR from 2022-2032
Market in China to procure US$ 86.8Million, expanding at a 5.7% growth rate during the assessment period

“Increasing use of currency exchange bureau software by various industry verticals such as travel agencies, BFSI, healthcare, resorts, hotels, and retail is expected to fuel the demand of currency exchange bureau software market over the forecast period” says an analyst at Future Market Insights

Competitive Landscape

Eminent players of the global currency exchange bureau software market include Currenex, OANDA, Currency Exchange International, Merkeleon, and Biz4x among others. Recent key developments among players include:

In November 2021-OANDA partners with CONVRS to enhance the account opening process and better engage with clients. The partnership will allow prospective traders in the emerging markets to open a demo account directly from a wide range of messaging apps, making the process simpler than ever. The new integration also enables OANDA to converse with prospects and clients through Facebook Messenger, WhatsApp, LINE, Telegram, and SMS in 53 languages.
In November 2021 – State Street Corporation announced its GlobalLink Division that will combine its Currenex and TradeNeXus into a single platform called GlobalLink FX. Bringing the three businesses together will result in significant benefits for clients including FXConnect Market Monitor, an improved price discovery tool for FXConnect buy-side clients. This enhancement will utilize Currenex streaming price feeds and market data in order to provide clients with a curated view of their liquidity providers, driving better decision-making and execution outcomes.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global currency exchange bureau software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of component (Software, Services) by enterprise size (Small and Medium Enterprise (SMEs), Large enterprises) by Application (Personal, business), and Region (North America, Europe, APAC, Middle East & Africa, and Latin America)

Key Segments Covered in the Currency Exchange Bureau Software Industry Survey

Currency Exchange Bureau Software Market by Component:

Currency Exchange Bureau Software
- On-Premises
- Cloud
Currency Exchange Bureau Services
- Managed Services
- Professional Services

Currency Exchange Bureau Software Market by Enterprise Size:

Currency Exchange Bureau Software for Small and Medium Enterprise (SMEs)
Currency Exchange Bureau Software for Large Enterprises

Currency Exchange Bureau Software Market by Application:

Currency Exchange Bureau Software for Personal Applications
Currency Exchange Bureau Software for Business Applications

Currency Exchange Bureau Software Market by Region:

North America Currency Exchange Bureau Software Market
Europe Currency Exchange Bureau Software Market
APAC Currency Exchange Bureau Software Market
The Middle East & Africa Currency Exchange Bureau Software Market
Latin America Currency Exchange Bureau Software Market

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Author:

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

Demand for Microalgae in Fertilizers Sector Soars to US$ 28.7 million by 2033: Exploring Growth | Future Market Insights

According to Future Market Insights (FMI), the demand for microalgae in the fertilisers sector is expected to expand steadily. Its total market value is predicted to exceed US$ 28.7 million by 2033, up from US$ 11 million in 2023. The demand for microalgae in the fertilisers sector is expected to increase at a 10% CAGR from 2023 to 2033.

Microalgae is an organic, natural material that produces renewable energy from seawater or freshwater. Various species are discovering water retention and nutrition roles for various soil profiles.

For many years, they have been employed as a soil conditioner in several trials, where liquid preparation and powdered extracts have been used successfully on cereal crops, resulting in greater crop production, higher nutrient uptake, and improved herbicide tolerance.

Dry algae is also gaining traction as compost, assisting in soil binding, making it ideal for use as a bio-fertilizer. As dry algae is an organic material, it may store nutrients and provide them to plants via capillary action for a longer period.

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Conventional chemical fertilizers dissolve in water and settle deep in the ground. Consequently, nutrients in fertilizers become unavailable over time. Microalgae fertilizers are used to resolve this problem. It also increases the soil’s water-holding capacity and the intermolecular space between soil molecules, allowing sufficient aeration to reach the root system.

Consumer preference for organic and environment-friendly fertilizers to enhance crop yield along with increasing concerns about sustainability drive the demand for microalgae in the fertilizers industry. Rising concerns pertaining to reduced soil salinization, greenhouse emissions, and abiotic stress in agriculture are driving the demand for natural ingredient-based fertilizers, supporting the incorporation of microalgae.

Growing Applications of Microalgae Residue

Cyanobacteria and microalgae have numerous applications and are a significant source of bioactive compounds. Generally, microalga is a rich source of essential macro and micro-elements, which can be used as a protein source in food, feed, and fertilizer applications.

Microalgae contain lipids, carbohydrates, and proteins. Lipids extracted from algae are rich in oxygen (O) (26.3%), C (49.0%), N (5.76%) and hydrogen (H) (6.96%).

Untreated microalgae and microalgae biomass are rich in organic matter and macronutrient contents. This supports soil fertility, which in turn helps consumers to gain higher crop yield. Moreover, the cost of microalgae is comparatively low. Therefore, several fertilizer manufacturers utilize algae waste in their products.

Who is Winning?

Key players who are engaging in producing and supplying microalgae in fertilizers sector are actively involved in changing market strategies and expanding production capacities to keep up with the demand for microalgae in the fertilizers sector.

Some of the key players operating in microalgae demand analysis in the animal feed sector include DIC Corporation, Cyanotech Corporation, Koninkliijke DSM NV, Roquette Frères, BASF SE, Fuji Chemical Industries Co., Ltd., Parry Nutraceuticals, BGG (Beijing Gingko Group), KDI Ingredients, Sinoway Industrial Co., ltd., INNOBIO Corporation Limited, Yunnan Alphy Biotech Co., Ltd, Algaecan Biotech Ltd., Algatechnologies Ltd., Cardax, Inc, Igene Biotechnology, Inc., Fenchem Biotek Ltd., AstaReal Inc., Valensa International, Kunming Biogenic Co., Ltd., and many others.

Demand for Microalgae in Fertilizers Sector by Category

By Species Type:

Spirulina
Chlorella
Dunaliella
Schizochytrium
Euglena
Nannochloropsis
Nostoc
Others

By Source:

Marine water
Fresh Water

By End Use Application:

Biofertilizers
Biocontrole
Soil microalgae
Biostimulants
Fungicide & Insecticide
Pesticide
Soil Conditioner
Agriculture Herbicide
Animal Repellent
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Key Questions Answered in the Report

What is demand for microalgae in fertilizers sector market size?

Propelled by improvements in research and development and emerging technologies in the fertilizers sector, the global demand for microalgae in fertilizers sector will surpass US$ 9,479.4 Thousand in 2021 and it is also expected to surpass US$ 21,747.6 Thousand by 2031.

At what rate did the demand for microalgae in fertilizers sector expand in the last five years?

According to FMI’s analysis, demand for microalgae in fertilizers sector sales have grown at 6.6% CAGR between 2016 and 2020. The market’s valuation stood at over US$ 8,805.2 Thousand in 2020.

What are the key trends shaping the demand for microalgae in fertilizers sector?

Key trends shaping the market include growing environment-friendly and sustainable agricultural practices. Organic farming will continue fuelling the demand for microalgae in the fertilizers sector across the forecast period. High biotechnology potential for soil research is driving consumer attention.

What are the key factors driving demand for microalgae in fertilizers sectors?

Growing requirements of soil conditioners, efforts to improve abiotic stress tolerance to improve crop yield and stability of soil drive the demand for microalgae in fertilizers sector over forecast period.

What are the statistics of microalgae demand in the North America fertilizer sector?

Demand for microalgae in the fertilizer sector in North America is set to rise, aided by the demand for bio-fertilizers across the U.S. and Canada. As per FMI research, North America will hold 34.3% of the global demand in 2021.

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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
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Nurturing Health Trends: Cold-Pressed Oil Market Poised to Reach US$ 37.3 Billion by 2033

The global cold-pressed oil market share is projected to reach a valuation of US$ 37.3 Billion by 2032 with a CAGR of 4.8% during 2022-2032. Due to a greater understanding of health and well-being, consumers’ eating habits and nutritional patterns have changed. The demand for cold-pressed oil is rising, as a result, it is anticipated to lead to an increase in sales of cold-pressed oil in the market throughout the forecasted period.

Furthermore, consumers are willing to pay a greater premium for nutritious components and products. The cold-pressed oil market size is being positively impacted by the healthy eating categories’ rapid expansion relative to the decadent ones.

The Cold-Pressed Oil market is experiencing remarkable growth as consumers increasingly prioritize natural and healthy oils in their diets. With the cold-pressing process retaining the nutritional integrity of oils, such as olive, coconut, and sunflower, their popularity is surging. Rising awareness of the benefits of cold-pressed oils fuels the market’s expansion in the food and cosmetic industries.

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Consumers are urging food companies to increase the transparency of their products, going past ingredients, free-from status, and nutritional levels. Due to this, the sales of cold-pressed oil are likely to rise by end-users.

Thus, with increasing demand for cold-pressed oil, several food product manufacturers are using ingredients to increase the overall quality and nutritional level of their final product which is anticipated to boost the cold-pressed oil market size.

In addition to this, demand for cold-pressed oil along with demand for functional food products is also significantly increasing around the globe. This growing demand is leveraging the growth of cold-pressed oil, fortified edible oil and seed oils over the forecast period.

Key Takeaways from Market Study

The cold-pressed oil market growth is expected to expand at a CAGR of 5.2% and 7.4% in Latin America and the Middle East & Africa, respectively through 2032.
Among the type segment, palm oil is dominating the cold-pressed oil market trends holding more than 18% share in 2022 and it is expected to grow with a CAGR of 2.8% over the forecast period.
Among the application segment, the food industry is dominating the cold-pressed oil market size holding more than 50% share in 2022 and it is expected to grow with significant CAGR of 3.6% over the forecast period.
The B2B is dominating the distribution channel segment holding around 70% share in 2022 and it is expected to grow with CAGR of 3.6% which is likely to rise the sales of cold-pressed oil during the forecast period.

Competitive Landscape

The key players involved in the cold–pressed oil market statistics to strengthen their research and development activities to increase the yield and improve extraction technology which is offering significant growth opportunities for the overall cold–pressed oil market trends.

In addition to this, understanding the growing demand for cold–pressed oil several key players in the oil market are entering the cold – pressed oil market by introducing their cold-pressed oil range of products.

For Instance –

In September 2020, Dabur which is one of India’s prominent natural health care companies entered the edible oil segment by introducing their cold-pressed mustard oil.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global cold-pressed oils market key trends & opportunities, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on application (food industry, agriculture, cosmetics and personal care industry), type (cottonseed oil, rapeseed oil, palm oil, peanut oil, coconut oil, olive oil, palm kernel oil, soybean oil, sunflower seed oil) and sales channel (B2B, B2C (hypermarkets/supermarkets, convenience stores, speciality stores, retail store, online retail) across seven major regions of the world.

Cold-Pressed Oil Market by Category

By Application :

Food Industry
Cosmetics and Personal Care Industry
Agriculture

By Type :

Peanut Oil
Coconut Oil
Rapeseed Oil
Cottonseed Oil
Soybean Oil
Olive Oil
Palm Oil
Sunflower Seed Oil
Palm Kernel Oil

By Distribution Channel :

B2B
B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Retail Stores
- Online Retail

By Region :

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

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Thriving Growth Prospects: Take Out Coffee Market Expected to Surge at 4.4% by 2033 | Future Market Insights

The global take out coffee market is expected to be valued at US$ 39,630.0 million in 2023, with a compound annual growth rate (CAGR) of 4.4% from 2023 to 2033.

The market for takeaway coffee is changing as more young people start drinking coffee. The proportion of millennial coffee drinkers is growing. Increased consumption would improve helpful items like coffee on the go. The elderly, who are increasingly addicted to the taste of coffee and the energy benefits it provides, are propelling the takeout coffee business.

Takeout coffee consumption has increased, whereas energy drinks and carbonated soft drinks (CSDs) consumption has fallen. As individuals become more health-conscious, CSD and energy drinks are being substituted by take-out coffee. CSD and energy drink consumption has also been connected to obesity and hypertension. As a result, individuals are increasingly interested in obtaining coffee to go, which is usually healthier.

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Takeaway coffee demand is increasing globally as a result of reasons such as emerging café cultures among today’s youth, urbanisation, food service outlets, white-collar demography, and more discretionary income. Improvements in living circumstances and shifts in work culture, particularly in the business sector, are expected to enhance takeaway coffee sales internationally.

Businesses are strengthening their service methods and enhancing their existing brands in order to increase consumer pleasure and, as a result, promote loyalty, which are additional drivers pushing the global take-out coffee market share. Demand for organic coffee is expected to rise in the near future as more people become aware of the health benefits of drinking coffee. Several options, including Barista, CCD, and Starbucks, have improved the consumer experience and changed the outlook for the take-out coffee market.+

The need for certified coffee products, consumer adoption of single-serve coffee brew systems, and constant innovation driven by the leading companies in the industry are all factors contributing to the growth of the takeaway coffee market. Some consumers in wealthy economies may switch from cheaper instant coffee to more costly brands due to concerns about flavour and quality. Previously seen as a luxury good, instant coffee’s market dynamics have changed as its younger user base has started to dwindle. Takeaway coffee consumption has increased, and the long-term trends seem to be favourable.

The number of people who consume take out coffee is predicted to rise in the future years in many countries. This is expected to increase the take out coffee market’s growth by broadening the total consumer base.

Key Takeaways:

The take out Coffee market is projected to have a CAGR of 8.8% in 2032.
In 2021, North America dominated the take out coffee market, accounting for 27.1 percent of total revenue.
The plant-based segment dominated the take out coffee market and held the largest revenue share of 84.0% in 2021.
With 33.2 percent of total revenue, the United States, Japan, and Germany dominate the take out Coffee market share.

Competitive Landscape:

The key players operating in the take out coffee market are LotteChilsung Beverage Co Ltd., PepsiCo, Asahi Group Holdings, Ltd., Suntory Beverage & Food, McDonald’s Corporation, Danone S.A., JAB Holding Company, and Dunkin Brands Group, Inc.

Recent Development:

Starbucks® Cold & Crafted, a Ready to Drink (RTD) coffee category that contains three flavours: Coffee with a Splash of Milk & Vanilla, Coffee with a Splash of Milk & Mocha, and Coffee Sweetened Black, will be available in 2021.
Tchibo released ground and whole bean coffee products in the United States in 2020, with dark, medium, and light roasts. In Illinois, Indiana, Iowa, Ohio, Michigan, Minnesota, Missouri, and Wisconsin, the products would be available at Jewel, Hy-Vee, and other merchants.

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Key Segments

By Distribution Channel:

On-trade
Off-trade

By Product Type:

Whole-Bean
Ground Coffee
Instant Coffee
Coffee Pods
Others

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Frequently Asked Questions

What is the CAGR of the Take Out Coffee Market?
Which is the Leading Region in the Take Out Coffee Market?
Which Segment Leads in the Take Out Coffee Market by Country?
Which Segment Leads in the Take Out Coffee Market by Milk Type

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Protein Powder Market with Revenue Projected to Reach US$ 36.6 Billion by 2032 | Future Market Insights

The Protein Powder Market is poised for substantial growth, with a projected size of US$ 36.6 billion by 2032, fueled by an impressive 7.3% value CAGR from 2022 to 2032. This upward trajectory highlights the increasing demand for protein-rich supplements, driven by health-conscious consumers and athletes seeking nutrition and fitness solutions.

Protein powder products are aggressively marketed as helping athletes and other physically active consumers grow muscle and improve performance, resulting in a global sales increase.

Athletes need more physiological protein under multi-stress situations, such as goal-directed, frequent, intense, and/or prolonged training programmes, to maintain optimal protein synthesis and energy generation, as well as adequate immunological function and gut integrity.

As more athletes, fitness enthusiasts, and health-conscious consumers use protein supplements, the Protein Powder Market is quickly expanding. The market is expanding because to a growing awareness of the need of protein for muscle gain, weight control, and overall health. Organic and plant-based protein powders are also propelling the sector ahead.

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Protein requirements rise in tandem with the intensity and duration of athletic performance, leading to an increase in protein consumption in meals before and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable amino acids.

Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.

Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.

Key Takeaways from the Protein Powder Market Study:

The North American region currently holds the largest market share and is expected to continue to do so due to the widespread appeal of protein powder products among health-conscious consumers and rising demand for functional foods.
According to FMI analysis, The European protein powder market is expected to grow at a rate of more than 5% per year through 2027, owing to the growing use of edible insects as protein supplements in meals and the growing demand for functional foods and drinks.
Germany is dominating the European protein powder market with due to the increased demand for plant protein in powder form.
Due to the growing livestock sector and increased awareness about animal health and nutrition, the protein powder industry from animal nutrition supplement application is expected to grow at a CAGR of over 6% through 2027.
The market for protein powder is growing due to rising obesity rates among children and adults, as well as increased usage of protein powder for weight loss.

Who is winning?

Key players operating in the global Protein Powder market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.

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FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

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Protein Powder Market by Category

By Product Type:

Animal Protein
- Dairy Protein
Milk Protein (Concentrate/ Isolate)
Whey (Concentrate/ Isolate/ Hydrolysates)
Casein
- Egg Protein
- Gelatin
Plant Protein
- Soy Protein
- Pea Protein
- Wheat Protein
- Others

By Nature, Protein Powder Market is Segmented as:

Organic
Conventional

By Flavor, Protein Powder Market is Segmented as:

Plain Flavor
Classic Flavor
- Vanilla
- Chocolate & Coffee
Cookies and Cream
Fusion Flavor
Nut Flavor
Fruity Flavors
- Strawberry
- Blueberry
- Banana
- Others
Others

By End Use, Protein Powder Market is Segmented as:

Dietary Supplements
Food and Beverage
- Ready to Beverage Drinks
- Functional Foods
- Infant Food Formula
- Others
Pharmaceuticals
Others

By Distribution Channels, Protein Powder Market is Segmented as:

Direct
Indirect
- Store based Retailing
  - Modern Grocery Retailers
    - Hypermarkets/ Supermarkets
    - Convenience Stores
    - Specialty Sports Store
    - Drug Store
  - Online Retailing
  - Others

By Region, Protein Powder Market is Segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

Frequently Asked Questions:

How Big is the Protein Powder Market?
At what Growth Rate is Plant Protein Powder Market Growing?
What is the North America Protein Powder Market Outlook?
At What Rate will Protein Powder Demand Grow in Europe?
What Are the Key Trends Shaping the Protein Powder Market?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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AI Revolutionizes Media & Entertainment: Market Surges to $132.16 Billion by 2032

The AI in Media & Entertainment Market, a dynamic and innovative sector, exhibited remarkable growth in 2021, with a market size of US$ 10.4 Billion. As we move forward into the digital age, the AI in Media & Entertainment sector is poised for exponential expansion.

Forecasts indicate a striking compound annual growth rate (CAGR) of 26% from 2022 to 2032, eventually reaching a staggering US$ 132.16 Billion. In 2022 alone, the market is expected to reach US$ 13.1 Billion, signifying a year-on-year (Y-o-Y) growth of 26% compared to 2021.

On the contrary, owing to the vast array of benefits and increasing trends, this industry brings along a few shortcomings as well which restrains the market growth. These aspects include the risk of customer privacy and a dearth of skilled professionals in the AI industry. Moreover, the cost of maintenance and complicity of the process acts as the prominent growth restraining factors.

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Key Takeaways from the Market Study?

By solution, AI in media & entertainment services to capture 59.2% revenue in 2022
By application, sales & marketing segment to accumulate a revenue share of 21.7%

The North American market is expected to secure US$ 65 Billion while expanding at a CAGR of 24.2%??
Asia Pacific to record a CAGR of 26.8% during the forecast period?ranging from 2022-2032
Global AI in media & entertainment market worth to expand 10x from 2022 to 2032

“The global AI in Media & Entertainment market is expected to show a remarkable growth in the forecast period owing to the increasing popularity of OTT platforms and enhanced online gaming experience,”?says an FMI analyst.

Competitive Landscape??

Key players in the global AI in Media & Entertainment market include

Amazon Web Services, Inc.,
EMG,
Gearhouse South Africa Pty. Ltd.,
Gravity Media,
GrayMeta,
International Business Machines Corp.,
LMG, LLC,
Matchroom Sport Ltd.,
Production Resource Group, L.L.C.,
Synthesia Ltd.,
TAIT,
Valossa Labs Ltd.,
Veritone, Inc.,

Pixellot, PlaySight Interactive Ltd., AISportsWatch GmbH, Spiideo, Sport way AB, EVS Broadcast Equipment S.A., Hudl, Move.ai, AutomaticTV, among others.

Some of the recent developments among the players are:?

In May 2022, Amazon Web Services, Inc.?(AWS), an?Amazon.com, Inc.?company, announced the general availability of?Amazon?Elastic Compute Cloud (Amazon?EC2) C7g instances, the next generation of compute-optimized instances powered by AWS-designed Graviton3 processors.?
In May 2022, Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has entered into a definitive agreement to acquire?Gravity R&D, a leading personalization technology company founded in data science.

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Key Segments Covered in the AI in Media & Entertainment Industry Survey

AI in Media & Entertainment Market by Solution:

AI in Media & Entertainment Hardware/Equipment
AI in Media & Entertainment AI in Media & Entertainment Services

AI in Media & Entertainment Market by Application:

AI in Media & Entertainment in Fake Story Detection
AI in Media & Entertainment in Plagiarism Detection
AI in Media & Entertainment in Personalization
AI in Media & Entertainment in Production Planning & Management
AI in Media & Entertainment in Sales & Marketing
AI in Media & Entertainment in Talent Identification
AI in Media & Entertainment in Content Capture
AI in Media & Entertainment in Sports Automatic Productions
- Video Production
- Broadcasting & Live Streaming
- Analytics

AI in Media & Entertainment Market by Region:

North America AI in Media & Entertainment Market
Latin America AI in Media & Entertainment Market
Europe AI in Media & Entertainment Market
Asia Pacific AI in Media & Entertainment Market
Middle East & Africa AI in Media & Entertainment Market

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Author:

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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Nandini Singh Sawlani

Building-Integrated Photovoltaics Market Surges with 21% CAGR, Projected to Reach US$ 134.31 Billion by 2032

The building-integrated photovoltaics market is anticipated to expand at a 21% value CAGR between 2022 and 2032. This market is predicted to have grown significantly from its projected $16.5 billion global market size in 2021 to a total of $134.31 billion by 2032.

Integrated with structure Since PV (photovoltaic) capacity is increasing quickly in many countries and demand for renewable energy is rising, the photovoltaics industry is predicted to grow dramatically.

Among the countries that have voluntarily accepted the Kyoto Protocol, a plan to reduce greenhouse gas emissions, are Italy, Germany, France, the United States, China, Japan, and India. Important contributing factors include self-sufficiency, improved public understanding of energy security, and sound public policy.

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Key Takeaways from the Market Study

In 2021, the market was estimated to have a global valuation of US$ 16.5 Billion.
In 2022, the market is estimated to have a global market size of US$ 19.97 Billion
The building-integrated photovoltaics market in Europe occupied a market share of 37.68% in 2021.
The crystalline silicon segment took over 72% of the global building-integrated photovoltaics market share.
Nearly 62% of building-integrated photovoltaics sales to be for roof applications
As of 2021, the industrial segment accounted for 40.5% of the global market.

“With strict regulations towards the green building movement and the increasing demand from eco-conscious consumers, the demand for Building-integrated Photovoltaics is increasing globally at a rapid pace. This is also being supported by various government regulations to promote the use for enhanced sustainability and better energy efficiency. New technological development in this field is sure to open up new avenues for the manufacturers in the future,”

Competitive Landscape

As a way to gain more market penetration and meet the changing needs of architects and construction contractors, Building-integrated Photovoltaics manufacturers have developed multiple joint ventures, partnerships, agreements, and collaborations.

In October 2021, Meyer Burger, a Swiss manufacturer of PV modules, began offering BIPV systems. Meyer Burger will offer rooftop solar power systems.

In 2021, Onyx Solar, a Spanish producer of BIPV solar systems, installed approximately 3,250 crystalline solar modules on the facade of Sterling Bank’s Nigerian headquarters.
In September 2021, China Southeast Space Frame Group (SSFG) and First PV formed a joint venture to install 950 MW of solar PV in China over the next five years.

Key Players

SolarWindow Technologies, Inc.
Hanergy Mobile
AGC Inc.
Energy Holding Group Limited
The Solaria Corporation
Carmanah Technologies Corp.
Heliatek GmbH,
Greatcell
BELECTRIC
Tesla
ertex solartechnik GmbH

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Key Segments Covered In The Building-Integrated Photovoltaics Market Report

Building-integrated Photovoltaics Market by Technology:

Thin Film Building-integrated Photovoltaics
Crystalline Silicon Building-integrated Photovoltaics
Other Building-integrated Photovoltaics Technology

Building-integrated Photovoltaics Market by Application Type:

Building-integrated Photovoltaics for Roofs
Building-integrated Photovoltaics for Walls
Building-integrated Photovoltaics for Façades
Building-integrated Photovoltaics for Glass
Building-integrated Photovoltaics for Other Applications

Building-integrated Photovoltaics Market by End-User:

Industrial Building-integrated Photovoltaics
Residential Building-integrated Photovoltaics
Commercial Building-integrated Photovoltaics

Building-integrated Photovoltaics Market by Region:

North American Building-integrated Photovoltaics Market
Europe Building-integrated Photovoltaics Market
Asia Pacific Building-integrated Photovoltaics Market
Middle East & African Building-integrated Photovoltaics Market
Latin America Building-integrated Photovoltaics Market

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Future Market Insights (FMI), an ESCOMAR certified market research and consulting firm, has published an in-depth report on the Building-Integrated Photovoltaics (BIPV) Market. The report predicts a promising future for the BIPV market, with a surge in global revenue in the coming years. It explores the top regions contributing to market growth, key players and their market share, driving factors, and challenges faced by the industry. The study emphasizes the significant role of BIPV in sustainable energy solutions and highlights opportunities for businesses seeking to invest in this dynamic sector.

Author:

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