Market Research Blog – Page 3395 – New Product Development

Global Moderate-to-Severe Acne Treatment Market is poised for significant expansion, expected to reach US$ 2.4 billion by 2033, at a CAGR of 6.2%

In 2023, the global moderate-to-severe acne treatment market demand was estimated at US$ 1.3 billion, and by 2033, it is anticipated to grow to US$ 2.4 billion. With a value share of around 25.6%, retinoid therapy led the global market in the treatment category in 2022. From 2023 to 2033, it is anticipated to rise at a CAGR of nearly 6.2%.

The moderate-to-severe acne treatment market has witnessed significant growth in recent years, driven by the increasing prevalence of acne and the growing demand for effective solutions. Acne, a common dermatological condition, can have a profound impact on an individual’s self-esteem and quality of life, particularly when it reaches moderate-to-severe stages. This has led to a surge in research and development activities aimed at creating advanced treatment options that target not only the visible symptoms of acne but also its underlying causes.

Get your Sample Report with Latest Market Information! https://www.futuremarketinsights.com/reports/sample/rep-gb-8095

Several factors have contributed to the expansion of this market. One of the primary drivers is the rising awareness among the global population about skincare and the availability of various treatment alternatives. Technological advancements have led to the development of innovative therapies, including topical and oral medications, phototherapy, chemical peels, and laser treatments, tailored specifically for moderate-to-severe acne cases. These treatments offer faster and more comprehensive results, addressing both inflammatory lesions and potential scarring.

Furthermore, the influence of social media and the beauty industry has played a role in boosting the demand for acne treatment products and services. The increasing emphasis on clear, blemish-free skin has prompted individuals to seek out medical interventions to tackle their skin concerns more effectively. As a result, dermatology clinics, aesthetic centers, and even traditional healthcare providers have witnessed a growing number of patients seeking professional assistance for their moderate-to-severe acne issues.

However, challenges persist within the market. The diversity of patient needs, varying skin types, and potential side effects associated with certain treatments require a cautious and personalized approach. Additionally, regulatory hurdles and reimbursement issues can affect the accessibility of advanced treatments, particularly in some regions. Despite these challenges, the moderate-to-severe acne treatment market remains dynamic and competitive, driven by continuous research, collaboration between dermatologists and pharmaceutical companies, and the increasing demand for improved quality of life among acne sufferers.

Key Takeaways from Market Study:

By treatment, retinoid therapy accounts for US$ 318.9 Million in 2022 owed to the benefits provided which includes novel formulations, combination therapies, and improved delivery systems, providing patients and healthcare professionals with a wider range of options.
By route of administration, topical accounts for more than 45% in 2022 globally. Topical acne treatments are available both over-the-counter (OTC) and by prescription. While milder acne may be managed with OTC options, moderate-to-severe acne often requires prescription-strength topical treatments.
Hospitals holds about 9% of the global market share in 2022. Hospitals may conduct clinical trials and research studies related to acne treatment, including moderate-to-severe cases. These studies contribute to the development of new therapies and advancements in the field of acne treatment, helping to shape the market landscape.
By region, North America held dominant share in world in 2022. North America has a strong emphasis on aesthetic dermatology, including the management of acne and acne scarring. There is a demand for treatments that not only address acne but also improve the appearance and texture of the skin. This drives the availability of cosmetic procedures and innovative technologies for acne treatment.

“The rising cases of skin & acne disorders and increased in adoption rate of therapies contribute to its higher demand and global expansion.” says an analyst of Future Market Insights.

Unveil New Perspectives Through Our Innovative Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-8095

Market Competition:

The leading companies are increasing their research & development investments in an effort to create innovative and inventive care with enhanced effectiveness, and affordability. With key focus on expanding their products, companies are strengthening their sales channels in emerging countries.

In January 2023, the manufacturing plant owned by Abzena in Sanford, North Carolina, was announced to be purchased by Pfizer, according to an agreement the two firms announced.
In May 2023, Roche’s India division purchased more than 200,000 square feet of office space with Brookfield Properties in the company’s commercial project in Pune’s Baner area.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the moderate-to-severe acne treatment market in its latest study, presenting a historical demand assessment of 2017 – 2022 and projections for 2023 – 2033. The global moderate-to-severe acne treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader

The analysis is based on treatment (antibiotics, retinoid therapy, hormonal drugs, anti-inflammatory drugs, chemical peels, laser devices and radiofrequency devices), route of administration (oral, topical and Injectables), and distribution channel (hospitals, clinics, pharmacies & drug stores, e-Commerce and others), across seven key regions around the world.

Key Companies Profiled:

Johnson & Johnson
Bayer AG
Galderma
Allergan
Roche
Valeant Pharmaceuticals
Stiefel Laboratories
Pfizer
Foamix Pharmaceuticals
La Roche-Posay
Proactiv
Cipla Limited
GlaxoSmithKline Inc.
Janssen Pharmaceuticals Inc.
Sanofi

Excited: This Is Your Chance To Dive Into A Treasure Trove Of Market Insights. Purchase Now And Unleash The Potential Of Your Business! https://www.futuremarketinsights.com/checkout/8095

Key Market Segments Covered in the Moderate-to-Severe Acne Treatment Industry Research:

By Treatment:

Antibiotics
Retinoid Therapy
Hormonal Drugs
Anti-Inflammatory Drugs
Chemical Peels
Laser Devices
Radiofrequency devices

By Route of Administration:

Oral
Topical
Injectables

By Distribution Channel:

Hospitals
Clinics
Pharmacies & Drug Stores
e-Commerce
Others

By Region:

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

About Future Market Insights (FMI)

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

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

Eggshell Membrane Powder Market Surging to US$ 5.3 Billion by 2033 with 13.1% CAGR, Fueled by Rising Demand for Natural Ingredients and Health Benefits

The eggshell membrane powder market is likely to capture a valuation of US$ 1.4 billion in 2023. The market is estimated to rise to US$ 5.3 billion by 2033. The market is expected to register a CAGR of 13.1% during the forecast period.

How Manufacturers Bring Opportunities in the Market?

Manufacturers are bringing opportunities by developing innovative products and expanding their distribution channels to reach more consumers. Here are a few ways in which manufacturers are contributing to the growth of the market:
Developing new products:Manufacturers invest in research and development to create new eggshell membrane powder formulations. These formulations can target specific health conditions, such as joint pain, skin aging, and digestive issues.
Enhancing production processes:Manufacturers are improving their production processes to increase efficiency and reduce costs. It allows them to offer their products at competitive prices while maintaining quality. Additionally, manufacturers are investing in sustainable and eco-friendly production methods, which appeal to environmentally conscious consumers.
Expanding distribution channels:Manufacturers are expanding their distribution channels to reach more consumers. It includes selling their products online, through retailers, and partnerships with other companies. By increasing their reach, manufacturers can tap into new markets and attract a more extensive customer base.
Providing education and awareness:Manufacturers are educating consumers about the health benefits of eggshell membrane powder. It helps to increase demand for the product and encourages consumers to make informed choices about their health and wellness.

Overall, manufacturers are bringing opportunities by creating new and innovative products, improving production processes, expanding distribution channels, and awareness to consumers.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-10068

Key Takeaways:

The eggshell membrane powder market is expected to achieve a valuation of US$ 5.3 billion by 2033.
The global market exhibits a commendable CAGR of 13.1% during the forecast period.
The United States market anticipates a CAGR of 7.6% through 2033.
Historically, the market secured a CAGR of 7.6% between 2018 and 2022.

Other Essential Players in the Global Market are:

Biova LLC
Ecovatec Solutions
Microcore Research Laboratories
Eggnovo SL
Eggbrane
Stratum Nutrition
Certified Nutraceuticals Inc
Bolise Co Limited
Mitushi Biopharma
Kewpie Corporation

Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/10068

Recent Developments in the Market are:

Companies offer innovative products, leverage partnerships and collaborations, and expand their distribution networks. Manufacturers with an intense research and development focus may have an advantage in creating new formulations and identifying new applications. Additionally, companies offering high-quality products at competitive prices and with efficient production processes can capture a huge market share.

New product launches:Several companies have recently launched new eggshell membrane powder products, including products for joint health, skin health, and digestive health. For example, in 2021, Biova LLC launched a new joint health product called BiovaFlex® Aqua, formulated for beverage use.
Partnerships and collaborations:Companies in the eggshell membrane powder market have been forming partnerships and collaborations to expand their reach and offer new products. For example, in 2020, Eggnovo SL and Rousselot, a global collagen company, announced a collaboration to develop new products for the nutraceutical and cosmetic markets.
Investments in research and development:Companies are investing in research and development to discover new eggshell membrane powder applications and improve production processes. For example, in 2021, Kewpie Corporation announced a joint research project with Osaka University to investigate the anti-inflammatory effects of eggshell membrane powder.
Expansion of manufacturing facilities:Companies are expanding their manufacturing facilities to increase production capacity and meet the growing demand for eggshell membrane powder. For example, in 2021, Microcore Research Laboratories announced an expansion of its manufacturing facility in California to increase the production of eggshell membrane powder.

Eggshell Membrane Powder Market by Category

By Nature:

Organic
Conventional

By Application:

Nutraceutical
- Dietary Supplements for Humans
- Dietary Supplements for Pets
Pharmaceutical
Cosmetics & Personal Care
Food & Beverages
- Bakery & Confectionery
- Snacks & Savory

By Region:

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

Request for our Comprehensive Research Methodology to Understand the Market: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-10068

About Future Market Insights (FMI)

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

The North American mango puree market is flourishing, driven by a surge in demand for natural, healthy fruit products

The North American mango puree market is experiencing steady growth due to increasing demand for natural and healthy fruit-centered goods. With It is anticipated to rise from US$ 1,493.2 million in 2022 to US$ 3,020.75 million by 2032 at a compound yearly growth rate of 7.3%. Mango puree is made by processing mango pulp into a creamy paste or liquid, typically with a brix range of 14.0 to 18.0. Higher brix levels—up to 28 degrees—are also used for making mango purees for dairy products such yoghurts, ice cream, biscuits, and cookies, including chocolate and cereal bars.

Mango puree was becoming increasingly popular in North America as a result of consumers’ growing desire for natural, wholesome fruit-based products. Over the forecast period, the market for mango puree is expected to expand at a compound annual growth rate (CAGR) of 7.3%. From US$ 1,493.2 million in 2022 to US$ 3,020.75 million in 2032, the market is predicted to grow in value.

Discover more about the booming mango puree market: Request a Free Report Sample right now :
https://www.futuremarketinsights.com/reports/sample/rep-gb-5695

Mango pulp is turned into a thick, creamy paste or liquid to make mango puree. Mango puree’s acceptable b rix range is 14.0 to 18.0. In order to prepare dairy products (like yoghurts, ice cream, and biscuits) as well as cookies (like chocolate and cereal bars), mango purees with a natural brix of up to 28 degrees have been produced.

There are two types of mango puree: standard and organic. Organic mango puree is free of pesticides, artificial fertilisers, and artificial colours. For a product that is created in accordance with good manufacturing practises, traditional mango puree is processed with extra components or combined with other lawful mixes.

Global Mango Puree Market: Dynamics

The overall consumption of mangoes has increased, which has led to an outstanding expansion in the global market for mango puree. Since the flavour is popular all over the world, it is used to make a variety of goods from various industries, including baby food, ice cream, yoghurt, bakery snacks, etc. The market is still constrained, nevertheless, by low production and severe import regulations, particularly in the United States, where mango imports are the only source of supply. A rapid rise in health consciousness among consumers may potentially have a negative impact on the industry.

Global Mango Puree Market: Segmental Highlights

This research bifurcates the global mango puree market into different segments that helps in easy understanding and analysis of the complete market. The segmentation is done on the basis of source, end use and region.

Global Mango Puree Market: Competitive Landscape

The report consists of a section dedicated to the competitive scenario of the global mango puree market. It profiles the major players leading the global mango puree market. Some of the top companies included in the report are Symrise AG, Döhler GmbH, Kiril Mischeff, Riviana Foods Pty Ltd, Nestlé S.A., The Hain Celestial Group, Inc, Newberry International Produce Limited etc.

Expand Your Business by Using the Global Mango Puree Market as a Resource Make Your Purchase Right Away:
https://www.futuremarketinsights.com/checkout/5695

Segmentation of the global mango puree market

By Source

Organic Mango Puree
Conventional Mango Puree

By End Use

Infant Food
Beverage
Bakery and Snacks
Ice Cream and Yoghurt
Dressings and Sauces

By Region

North America
Western Europe
Eastern Europe
Latin America
APEJ
Japan
Middle East and Asia

Ready to Dive into Market Insights? Ask an Analyst for Expert Analysis on End Use and Regional Trends :
https://www.futuremarketinsights.com/ask-question/rep-gb-5695

About Future Market Insights (FMI)

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

Magnesium Chloride Market Poised for Steady Growth at 4.3% CAGR Driven by De-icing and Construction

The global magnesium chloride market is anticipated to expand at a steady 4.3% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Growing demand for deicing services is boosting demand for magnesium chloride. Owing to the increasing demand from deicing and chemicals & derivatives sector is expected to remarkably contribute towards the expansion of the magnesium chloride market.

Surging demand for magnesium chloride from the specific regions with extreme cold weather conditions is driving the market. Magnesium chloride is hygroscopic in nature and quickly absorbs the moisture from the environment which makes it suitable for the various industries such as construction, dust suppressants.

Growing construction and mining industry is expected to boost the demand for the magnesium chloride owing to its extensive usage to minimize the dust at industrial area.

Propel Your Success: Secure Your Sample of Our Insightful Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-3996

Magnesium chloride is widely used across various industries for diverse applications, including deicing, dust suppressants, chemicals & derivatives, building materials, pharmaceuticals, food & feed & others. Magnesium chloride is widely used in the construction industry along with the pharmaceutical sector which is expected to boost the market in the forecast period.

According to the report, the global magnesium chloride market is expected to reach more than US$ 580.3 Mn by the end of 2031, at a compound annual growth rate of 4.3% during the assessment period.

Geographically, the market is predicted to be dominated by East Asia, which is expected to continue in the future evaluation period. Backed by the aforementioned factors, the global magnesium chloride market is projected to top US$ 580.3 Mn by 2031.

Key Takeaways:

By grade, demand for industrial Magnesium Chloride is expected to surge at a 4.1 % CAGR over the forecast period.
The food & pharmaceutical grade Magnesium Chloride segment is projected to hold approximately 27% of the total market share in 2021.
Deicing segment of Magnesium Chloride market is anticipated to grow at 4.5 % CAGR through 2031.
Magnesium Chloride Market in the U.S. is anticipated to reach US$ 105.8 Mn by year in 2031.
China will emerge as an attractive Magnesium Chloride market, with sales growing at a 6.1 % CAGR in 2021.
Liquid form of Magnesium Chloride is expected to account for over 26.9% of the East Asia Magnesium Chloride market share in 2021.
Japan and South Korea will collectively account for 7% of the total Magnesium Chloride market share through 2021.

“Over the assessment period, sales of magnesium chlorides are expected to be driven by the growing application in deicing and chemicals industries. Besides this, the demand in the followed by construction and pharmaceuticals sectors also will create attractive sales prospects” says an FMI analyst.

Competitive Landscape

Key participants in the global magnesium chloride market elaborated in the report includes Israel Chemicals Ltd., K+S Aktiengesellschaft, Compass Minerals International, Inc., Shandong Haihua Group Co. Ltd., Huitai Investment Group Co., Ltd, Intrepid Potash, Inc., Tianjin Changlu Haijing Group Co., Ltd, DEUSA international GmbH, Nedmag B.V, Nikomag OJSC and others.

Leading players are focusing on collaborations, mergers, and acquisitions to expand their production facilities and distribution channels. For instance:

K+S Aktiengesellschaft decided to provide heavy investment to a new salt brine field in the Netherlands. The new brine field is expected to be developed for directional drilling by 2019 and operational by 2021 end. It will further improve the company’s production capacity by 25% and bring the production level to 1.2 million tpa.

Unlock Insights through Detailed Analysis – Get the Complete Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-3996

Magnesium Chloride Market by Category

By Product Form:

Liquid
Solid
- Flakes
- Prills/Pellets

By Grade:

Industrial
Food & Pharmaceuticals

By Application:

Deicing Agent
Dust Suppressants
Chemicals & Derivatives
Building Materials
Pharmaceuticals
Food & Feed
Others

By Region:

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

About Future Market Insights (FMI)

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

Global Clinical Chemistry Enzymes Market is forecasted to hit a noteworthy US$ 5.7 Billion by 2033, as per Future Market Insights

According to study by Future Market Insights, the global clinical chemistry enzymes market growth is anticipated to expand at a CAGR of 5.9% over the forecasted time period. The market value is expected to have grown from US$ 3.2 billion in 2023 to US$ 5.7 billion by 2033. At the end of 2022, the market for clinical chemistry enzymes was valued at US$ 3.1 billion, and in 2023, it is expected to rise by 5.3% year over year.

The clinical chemistry enzymes market plays a vital role in the field of clinical diagnostics, facilitating the measurement of various analytes for disease diagnosis, monitoring, and research purposes.

The rising global burden of chronic diseases such as diabetes, cardiovascular diseases, and cancer has led to an increased demand for clinical chemistry testing. Enzymes are crucial components in diagnostic assays for measuring biomarkers associated with these diseases, contributing to market growth.

Request a Sample copy of this Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-17807

The shift toward personalized medicine has increased the need for precise and reliable diagnostic tests. Clinical chemistry enzymes play a crucial role in measuring specific biomarkers for personalized treatment decisions. The demand for personalized medicine and targeted therapies has contributed to the growth of the clinical chemistry enzymes market.

Key players in the clinical chemistry enzymes market often engage in strategic collaborations, partnerships, and acquisitions to enhance their product portfolios, expand their market presence, and develop innovative enzyme solutions. These collaborations contribute to the overall market growth.

Key Takeaways:

By enzyme type, acid phosphatase – ACP accounts for US$ 411.8 million in 2022. Acid phosphatase is commonly used as a biomarker to assess prostate health.
By application, diagnostics purpose accounts for US$ 2.0 Billion in 2022. Clinical chemistry enzymes are essential biomarkers used for the early detection and diagnosis of various diseases and medical conditions
Hospitals held more than 35.6% of the global market share in 2022. Hospitals handle a large volume of patients for diagnostic testing on a daily basis
By region, North America held dominant share in world in 2022. The increasing frequency of various liver illnesses will drive market expansion in North America.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-17807

Market Competition:

The clinical chemistry enzymes market is highly competitive, with key players including Thermo Fisher Scientific. These companies are constantly participating conferences, award competition with their products and launching new products to gain a larger market share, with a focus on affordability, convenience, and effectiveness.

In September 2021, Thermo Fisher Scientific has announced the availability of their fully automated analyzers, which are intended primarily for applications involving enzyme assays.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the clinical chemistry enzymes market in its latest study, presenting a historical demand assessment of 2017 – 2022 and projections for 2023 – 2033. The global clinical chemistry enzymes market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader

Key Companies Profiled:

Takara Bio, Inc.
Promega Corporation
Enzo Life Sciences, Inc.
Merck KGaA
Thermo Fisher Scientific, Inc.
Creative Enzyme
F. Hoffmann-La Roche Ltd.
Solis BioDyne.
Ambliqon A/S.
ekf Diagnostics
Abbot
Sekisui Diagnostics
Aldevron
Codexis Inc.

Clinical Chemistry Enzymes Market Segmentation:

By Enzyme Type:

Acid Phosphatase – ACP
Alanine Amino-Transferase – ALT/GPT
Alkaline Phosphatase – ALP
Aspartate Amino-Transferase – AST/GOT
Cholinesterase – CHE
Creatine Kinase – CK
Creatine Kinase MB – CK-MB
Gamma Glutamyltransferase – GGT
Glutamate Dehydrogenase – GLDH
Hydroxybutyrate Dehydrogenase – HBDH
Lactate Dehydrogenase – LDH
Lipase – LIP

By Application:

Diagnostics Purpose
Therapeutic Purpose
Analytical purpose

By End User:

Hospitals
Diagnostics/Pathology Labs
Ambulatory Surgical Centers
Others

By Region:

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

Direct Purchase of this Report: https://www.futuremarketinsights.com/checkout/17807

About Future Market Insights (FMI)

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

Africa Automotive Refinish Coatings Market: A Look at the Projected Surge by 2033 with 4.3% CAGR

According to Future Market Insights (FMI), africa automotive refinish coatings market size is forecast to reach US$ 108.9 million in 2023. Total sales of automotive refinish coatings across Africa are slated to rise at 4.3% CAGR from 2023 and 2033, generating a market valuation of US$ 165.5 million by the end of 2033.

Booming automotive industry and increasing spending on maintaining the aesthetic appearance of vehicles are key factors driving the Africa automotive refinish coatings market. In recent years, increase in per capita income of people has led to a surge in the sales of passenger cars, especially luxury and executive cars.

Unlock growth potential with industry expertise. Request our market sample report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-16665

Vehicle owners, today, focus on the maintenance of their vehicles, which has led to increased investments in the insurance of vehicles covering refinish coatings and repair costs, etc. People are refurbishing their old cars, which is creating enormous demand for automotive refinish coatings across African countries and the trend is expected to continue during the projection period.

Government initiatives to encourage the adoption of electric vehicles is also contributing to the expansion of the automotive refinish coatings market in Africa. FMI predicts electric vehicle sales to increase rapidly across African countries such as South Africa and Egypt due to growing pollution levels and rising fuel prices. This in turn will create lucrative growth opportunities for automotive refinish coating manufacturers.

Further, increasing number of commercial and passenger vehicles, increased awareness regarding the maintenance of cars, and development of sustainable and eco-friendly coatings will bode well for the Africa refinish coatings industry.

“Consistently growing demand from the automotive industry, particularly in countries such as Egypt and South Africa, will continue to boost Africa’s automotive refinish coating market during the next ten years,” – said an analyst at FMI.

Key Takeaways from Africa Automotive Refinish Coatings Market Study

Automotive refinish coating demand across Africa is estimated to surge at 3% CAGR through 2033.
By technology, water borne segment is likely to create an incremental $ opportunity of about US$ 21.6 million during the forecast period of 2023 and 2033.
Based on material type, acrylic segment is expected to witness steady growth during the next ten years.
South Africa and Egypt are expected to collectively hold around 5% of the overall market share.
South Africa is a prominent consumer of automotive refinish coatings with an estimated volume of 18,603.1 tons of automotive refinish coatings.

Who is Winning?

New product launches, facility expansions, partnerships, acquisitions, and collaborations are few of the key strategies adopted by automotive refinish coating manufacturers across Africa.

Top companies listed in the report include Nippon Paint Holdings Co., Guangzhou Zhenroumei Chemical Coating Limited, AkzoNobel N.V., James Briggs Limited, Axalta Coating Systems TOA Performance Coating Corporation CO., Ltd., Kansai Paint Co., Ltd., The Sherwin-Williams Company, The Lubrizol Corporation, HMG Paints Ltd., The Dow Chemical Company, Ltd., PPG Industries, Inc., KAPCI Coatings, 3M Company, NOVOL Sp. Z o.o., Sheboygan Paint Company, Cresta Paint Industries Ltd., NOROO Paint, and Coatings Co., Ltd., Reichhold LLC, Yashm Paint and Resin Industries, Allnex Group, and Covestro AG among others.

More Insights into the Africa Automotive Refinish Coatings Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the Africa Automotive Refinish Coatings market, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the African market potential, growth, and scope, the market is segmented based on material type, product type, technology, end use, and countries.

Chart a Course for Success: Purchase Our Report for Market Insights:
https://www.futuremarketinsights.com/checkout/16665

Africa Automotive Refinish Coatings Market Segmentation

By Material Type:

Polyurethane
Acrylics
Alkyd
Nitrocellulose

By Product Type:

Commercial Tents
Primer
Base Coat
Top Coat
Clear Coat
Fillers

By Technology:

Solvent Borne
Water Borne
UV Care

By Vehicle Type:

Passenger Cars
Commercial Vehicles

End Use:

OEM
Aftermarket

By Countries:

Egypt
South Africa
Algeria
Morocco
Kenya
Ethiopia
Ghana
Nigeria
Tunisia
Democratic Republic of Congo
Uganda
Liberia
Rest of 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 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

Tempeh Market Growth: Sales Expected to Reach US$ 6.8 Billion by 2033 with 5% CAGR, Fueled by Rising Demand for Meat Analogues and Plant-Based Foods

From 2023 to 2033, the global tempeh market is predicted to rise at a 5% CAGR and are predicted to reach around US$ 6.8 billion by 2033.

A sizable portion of the population wishes to either avoid or reduce their meat consumption by becoming vegan or vegetarian or by becoming flexitarians or meat reducers. As a result, high-quality protein sources that also contain other nutritional elements like vitamins and minerals, particularly vitamin B12, are in demand.

Consumers believe that a plant-based diet and tempeh use to promote good health while also being environmentally beneficial, therefore, interest in these products is fast expanding. Plant-based and plant-based proteins unquestionably represent a significant trend that will play out in research, politics, and food systems over the next decade, at the very least. As a result, the demand for plant-based meals like tempeh is not only growing but is also being viewed as a permanent shift in diet, driven by a number of variables and consumer types.

Because tofu is the most similar analog for a meat substitute, additional soy food items such as tempeh are gaining popularity. Foods made from soy, such as tempeh and tofu, provide a wide range of economic benefits, from agricultural to commercial.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-3283

Key Takeaways

Germany Leads with Strong Growth: Germany establishes itself as a significant player in the international market, with a strong 5.9% value share in 2022.
India Advances: The Indian tempeh market has shown extraordinary growth, and in 2022 it will hold a sizeable 14.1% value share, indicating enormous potential and opportunity.
Stable Performance in the United Kingdom: With a respectable 5.4% value share in 2022, the U.K. retains a strong presence in the tempeh market, demonstrating stability and continuous development.
China’s potential Position: Thanks to its substantial customer base, China is likely to hold a 4.4% value share of the worldwide tempeh market in 2022, indicating potential growth prospects.
Australia and Japan Display Resilience: The market for tempeh in Australia (2.6%) and Japan (3.6%) is expanding steadily, demonstrating the countries’ resilience.

Competitive Landscape

Many small and major businesses are vying for market share in the fiercely competitive tempeh market. In the upcoming years, there will still be fierce rivalry in the tempeh industry. The rising demand for tempeh and the rising number of businesses joining the market are to blame for this. Businesses with distinct product offerings and excellent customer support are more likely to succeed in the marketplace.

Tempeh Queen:

Tempeh Queen: Based in Portland, Oregon, Tempeh Queen is a small, independent tempeh manufacturer. In 2009, two friends who were passionate about producing tasty and environmentally friendly tempeh launched the business. To make its tempeh, Tempeh Queen employs organic soybeans and a conventional fermenting method. Additionally, the business sells a range of tempeh items, such as burgers, crumbles, and skewers.

Noble Bean:

Since 1994, Noble Bean, a Canadian business, has been making tempeh. The business offers its goods in both the US and Canada. Noble Bean is renowned for producing premium tempeh using organic soybeans and a time-honored fermentation method. Additionally, the business sells a range of tempeh items, such as burgers, crumbles, and strips.

Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/3283

Small World Foods:

A company called Small World meals makes a range of vegan meals, including tempeh. Two friends who were passionate about creating wholesome and sustainable food launched the business in 1989. To make its tempeh, Small World Foods uses organic soybeans and a conventional fermentation procedure. Additionally, the business sells a range of tempeh items, like as burgers, crumbles, and dogs.

Gardein:

Tempeh is one of the many plant-based foods produced by the firm Gardein. Two friends who were passionate about creating wholesome and sustainable food launched the business in 1995. To make its tempeh, Gardein employs organic soybeans and a conventional fermentation procedure. The business also sells a range of tempeh items, such as meatballs, nuggets, and breakfast burgers.

Recent Developments

Several new tempeh products have been introduced in recent years by well-known food manufacturers like Lightlife, Tofurky, and Amy’s Kitchen. This is a sign that the tempeh market is maturing and that consumer interest in tempeh products is rising.
The popularity of recipes and foods made using tempeh has increased recently. This is a result of tempeh’s rising popularity and the expanding selection of tempeh recipes available online and in cookbooks.

Request for our Comprehensive Research Methodology to Understand the Market: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-3283

About Future Market Insights (FMI)

Contact Us:

Exploring Growth Prospects: The Pet Lodging Market Poised for Advancement at a 5.7% Compound Annual Growth Rate (CAGR) by 2033

In 2023, the pet lodging market is estimated to be worth US$ 4 billion. By 2033, it is projected to reach a total of US$ 7 billion. The adoption of pet lodging is expected to advance at a Compound Annual Growth Rate (CAGR) of 5.7% throughout the forecast period.

The rise in dual-income households has resulted in an increased need for pet lodging services. As more individuals juggle busy work schedules and travel obligations, there is a growing demand for dependable and trustworthy accommodations to ensure the welfare of their pets while they are away. This trend has stimulated the expansion of professional pet lodging facilities, offering a secure and nurturing environment for pets in the absence of their owners.

The increasing number of pet owners across the world makes for a big chance for businesses that provide places to stay for pets. As more people bring pets into their families, the need for safe and comfy places to stay while traveling or working is growing.

Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15354

Health and wellness services are gaining traction in the pet lodging market. This includes offering grooming, spa treatments, exercise programs, and even holistic therapies to promote the overall well-being of pets. With increasing awareness about environmental sustainability, the adoption of eco-friendly practices is becoming a trend in the pet lodging market. This includes using sustainable materials, implementing energy-efficient systems, and incorporating green initiatives in day-to-day operations.

Franchise and chain operations are expanding in the pet lodging industry, offering standardized services and a recognizable brand. This trend allows for broader market reach and greater convenience for pet owners.

Key Takeaways from the Pet Lodging Market:

As per FMI, the United States is spearheading the growth across North America, accounting for nearly 5.9% of the market share in 2022.
United Kingdom is expected to account for 5.1% of the total market share in Europe.
As per Future Market Insights, the premium segment is expected to dominate the product type with a market share of 5.3%.
As per FMI, the online booking segment is poised to expand at over 5.5% CAGR in 2023.

Request the Full Report Methodology Now! https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15354

“The pet lodging market is witnessing notable expansion as pet owners increasingly seek trustworthy and high-grade accommodations for their beloved pets”, remarks an analyst at FMI.

Market Competition

Key players in the pet lodging market are innovatively transforming the manufacturing process to cater to the changing demands and desires of pet owners in a distinctive manner. These players are adopting innovative design concepts and advanced technologies to create state-of-the-art pet lodging facilities.

Modern manufacturing techniques, such as modular construction and prefabrication, enable faster and more efficient construction of pet lodging facilities. This approach ensures high-quality structures that are durable, customizable, and easily scalable.

Key players are incorporating eco-friendly materials and sustainable practices to minimize environmental impact. By embracing these manufacturing advancements, key players are transforming the pet lodging market, providing safe, comfortable, and attractive accommodations for pets while offering convenience and peace of mind to their owners.

Key Players in the Market:

Oupet Co.
PetBacker Co.
PaCo Pet Care LLC
PetSmart Inc.
Paradise 4 Paws LLC
Puss ‘n’ Boots Boarding Cattery
Dogtopia Enterprises LLC
Pet Station Kennels & Cattery
Preppy Pet Co.
Barkefellers
Urban Tails Pet Resort
Royvon Dog Training & Hotels
Country comfort kennels
Camp Bow Wow Co.
Best Friends Pet Care
Carey Pet and Home Care

Product Portfolio:

PaCo Pet Care LLC offers a comprehensive product portfolio in the pet lodging industry. Their offerings include spacious and comfortable pet suites, personalized care plans, grooming services, indoor and outdoor play areas, and 24/7 monitoring for the well-being of pets. Additionally, they provide additional amenities such as interactive toys, specialized diets, and socialization activities to ensure a pleasant stay for every pet. PaCo Pet Care LLC focuses on delivering exceptional customer service, ensuring a stress-free experience for both pets and their owners.

More Insights Available

Future Market Insights offers an unbiased analysis of the pet lodging market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the pet lodging market, the report is segmented on the basis of Pet Type (Dogs, Cats and Other), Lodging Period (Overnight Stay and Extended Stay), Price Range (Mass and Premium), Booking Type (Physical and Online), across 7 major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

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

Extruded Snacks Market Set to US$ 150.4 Billion by 2033 with 6.6% CAGR, Fueled by Rising Demand for Nutrient-Rich Snacks

The extruded snacks market is projected to be valued at US$ 79.1 billion in 2023 and is estimated to grow at US$ 150.4 billion by 2033. The sales of extruded snacks are likely to secure a CAGR of 6.6% during the forecast period.

The significantly growing population, urbanization, and consumption of savory food are the factors likely to boost the market share during the forecast period. The rising craving for eating various ingredients, spicy and tangy snacks, is flourishing the market growth. The top companies are launching innovative products to seek consumers’ attention and increase the sales of extruded snacks.

The growing curiosity to taste different exotic flavor and texture are promoting market opportunities. The food industry is maintaining the balance by experimenting with the unique flavor of food for every age group, which consequently drive the market size. Growing awareness by the food industries towards health and providing nutritious food to their consumers are increasing the market opportunities.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-11239

The changing consumer’s ready-to-eat habits and growing consumption of fiber foods are boosting the demand for extruded snacks during the forecast period. Manufacturers are growing the food and beverages sector by innovating healthy diet snacks, which in turn, increasing market opportunities.

How Manufacturers are Increasing Sales of Extruded Snack

Extruded snack machine are utilized to heat up the products and give it a required or near-identical shape. For instance, breakfast cereals, pet foods, other pre-formed snacks are made using extruded machines as they can create a top-level of consistency in snack which are consumed every morning. Therefore, manufacturers use these machine for a variety of purpose, which is driving the market growth.

Growing consumer awareness and experimenting with new food items drive the market expansion. The food and beverage sector continues to experiment to provide extruded snacks for every age group people, which consequently increase the market share. The food industries providing health-conscious dietary snacks to fitness freak trainers are further booming the market opportunities. Furthermore, the adoption of easy-to-digest and light raw materials found in snacks, estimated to boost the market revenue.

Key Takeaways:

The extruded snacks market is expected to have a valuation of US$ 150.4 billion by 2033.
With a CAGR of 6.6%, the global market increasing from 2022 to 2033.
The United States extruded snacks market is anticipated to record a CAGR of 4.5% through 2033.
With a CAGR of 7.7%, the United Kingdom market is likely to uplift during the forecast period significantly.
The China market is expected to capture a CAGR of 5.4% over the forecast period.
Japan market is expected to register a CAGR of 7.7% from 2023 to 2033.

Competitive Landscape:

The prominent players are present all around the globe, consolidating the market during the forecast period. The key vendor’s innovative new technologies to develop unique snack food items propel the market growth. Manufacturers use extruded snack machines to boost production and provide multiple extruded snacks.

These players further aim at adopting various marketing tactics to increase the market growth. These marketing tactics are acquisitions, mergers, partnerships, product launches, and agreements. The innovation of new ancillary equipment is maintaining the proper texture and flavor, which in turn, booming market opportunities.

Other Prominent Players in the Market are:

Frito Lay Inc.
PepsiCo, Inc.
ITC,
Kellogg’s
Calbee
Old Dutch Foods
Modalez International Inc
Robina Corporation
JFC International
Others

Recent Developments in the Extruded Snacks Market:

In Mar 2018, the United States-based Campbell Soup acquired Snyder to grow its product portfolio.
In Oct 2019, Calbee, a United state based company acquired Warnock Food Products, a Japan-based food company to boost its snack business in the country.

Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/11239

Key Segments

By Product Type:

Potato
Corn
Wheat
Rice
Oats
Multi-grains
Others

By Type:

Simply Extruded
Expanded
Co-extruded

By Distribution Channel:

Hypermarkets & Supermarkets
Convenience Stores
- commerce Platform
Specialty Stores
Retail Stores
Others

About Future Market Insights (FMI)

Contact Us:

Global Foot and Ankle Devices Market to grow at a 5.9% CAGR, potentially reaching US$ 7.8 Billion by 2032

Recent projections indicate a robust growth trajectory for the global foot and ankle devices market, and FMI is well-positioned to capitalize on this expanding market. The industry is expected to experience a remarkable Compound Annual Growth Rate (CAGR) of 5.9% between 2022 and 2032, propelling the market value from US$ 4.4 billion in 2022 to an estimated US$ 7.8 billion by 2032.

FMI commitment to innovation and excellence in the field has enabled us to stay ahead of the curve, ensuring that our products align with the latest industry trends and advancements. We are confident that our dedication to quality and customer satisfaction will contribute significantly to our success as the foot and ankle devices market continues to grow.

Get your Sample Report with Latest Market Information! https://www.futuremarketinsights.com/reports/sample/rep-gb-14851

With a focus on enhancing patient outcomes and improving the quality of life, FMI is poised to play a pivotal role in shaping the future landscape of the foot and ankle devices industry. We look forward to not only meeting but exceeding the expectations of our customers as we navigate this period of unprecedented growth.

As a leading player in the Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) is prepared to take advantage of this surge in demand for foot and ankle devices. The company has strategically positioned itself to meet the evolving needs of the market.

Foot and Ankle Devices Market Outlook:

The foot and ankle devices market is a segment of the global medical devices industry that focuses on the diagnosis, treatment, and rehabilitation of foot and ankle disorders. This market includes a wide range of products designed to address various conditions, such as fractures, arthritis, sports injuries, diabetic foot ulcers, and deformities.

Increasing Incidence of Foot and Ankle Disorders: The prevalence of foot and ankle disorders, including conditions like osteoarthritis, plantar fasciitis, Achilles tendinitis, and bunions, is on the rise. Factors such as sedentary lifestyles, obesity, sports-related injuries, and the aging population contribute to the increasing incidence of these conditions, thereby driving the demand for foot and ankle devices.
Technological Advancements: The foot and ankle devices market is witnessing significant technological advancements, leading to the development of more effective and patient-friendly devices. Advanced materials, such as titanium and biocompatible polymers, are being used to create implants with improved durability and compatibility. Additionally, the integration of robotics, computer-assisted navigation systems, and minimally invasive surgical techniques is enhancing the precision and outcomes of foot and ankle procedures.
Rising Demand for Non-Surgical Treatment Options: There is a growing demand for non-surgical treatment options in the foot and ankle devices market. Patients are increasingly seeking conservative treatment methods, such as orthotic devices, braces, and physiotherapy, to manage their foot and ankle conditions. This trend is driven by a desire to avoid surgery, minimize recovery time, and reduce healthcare costs.

Choose Wisdom Through Our Methodology-Driven Insights Now: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14851

Key Takeaways:

The foot and ankle devices market is a segment of the medical device industry that focuses on products designed to diagnose, treat, and provide support for foot and ankle conditions and injuries. Here are some key takeaways regarding the foot and ankle devices market:

Market Growth: The foot and ankle devices market has been experiencing steady growth in recent years. This can be attributed to various factors such as an increase in the prevalence of foot and ankle disorders, a growing aging population, and advancements in technology and treatment options.
Product Categories: The market encompasses a wide range of products, including orthopedic implants, braces and supports, prosthetics, and orthotics. These devices are designed to address conditions like fractures, arthritis, bunions, plantar fasciitis, and sports injuries.
Orthopedic Implants: Orthopedic implants, such as plates, screws, and joint replacements, are commonly used in foot and ankle surgeries to stabilize fractures, correct deformities, and replace damaged joints. These implants are usually made from materials like titanium or stainless steel.
Braces and Supports: Braces and supports provide external stabilization and help in the healing process of various foot and ankle conditions. They can range from simple splints and braces to more advanced devices that offer adjustable support and protection.

Competitive Landscape:

Key Players

Stryker Corporation
Zimmer Biomet Holdings, Inc.
Smith & Nephew plc
Arthrex Inc
Integra LifeSciences Holdings Corporation

Key Segments:

By Product:

Orthopedic Implants and Devices
- Joint Implants
  - Ankle Implants
  - Subtalar Joint Implants
  - Phalangeal Implants
- Fixation Devices
  - Internal Fixation Devices
  - External Fixation Devices
- Soft Tissue Orthopedic Devices
  - Musculoskeletal Reinforcement Devices
  - Artificial Tendons & Ligaments
Bracing and Support Devices
- Soft Bracing & Support Devices
- Hinged Braces & Support Devices
- Hard Braces & Support Devices
Prostheses
- Solid Ankle Cushion Heel Prostheses
- Single-Axial Prostheses
- Multiaxial Prostheses
- Dynamic Response
- Microprocessor-Controlled Prostheses

By Application:

Trauma & Hairline Fractures
Rheumatoid Arthritis & Osteoarthritis
Diabetic Foot Diseases
Ligament Injuries
Neurological Disorders
Hammertoe
Others

By End User:

Hospitals
Ambulatory Surgery Centers
Orthopedic Clinics
Rehabilitation Centers

By Region:

North America
Latin America
Europe
Middle East & Africa
Asia Pacific

Get Ahead with Detailed Market Intelligence: Purchase Now to Access! https://www.futuremarketinsights.com/checkout/14851

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani