Market Research Blog – Page 3605 – New Product Development

Waterless Cosmetics Market is Projected to Surpass US$ 33000 Million by 2033 | FMI

The market for waterless cosmetics is projected to be worth US$ 9700 million in 2023 and is anticipated to grow to US$ 33000 million by 2033. Throughout the projection period, the use of waterless cosmetics is anticipated to grow at a CAGR of 13%.

The waterless cosmetics market is a rapidly growing sector in the beauty industry, as more consumers become aware of the environmental impact of traditional water-based products. While the concept of waterless cosmetics is still relatively new, there are numerous opportunities and trends that are emerging in this market.

Among the significant trends is the use of innovative ingredients in waterless products. For example, some brands are using plant-based oils and butters, as well as natural clays and minerals, to create nourishing and effective skincare products without relying on water. These ingredients offer a variety of benefits, including moisturizing and anti-inflammatory properties, and can help reduce the need for preservatives in the products.

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An emerging trend in the waterless cosmetics market is the use of sustainable and eco-friendly packaging. Numerous brands are using recycled materials or biodegradable packaging to reduce waste and minimize their environmental impact. This includes using refillable containers and reducing the overall amount of packaging materials used.

There are also opportunities in the waterless cosmetics market for brands to focus on specific consumer needs, such as products for sensitive skin or those with specific skin concerns like acne or aging. By using innovative ingredients and packaging and targeting specific niches, brands can differentiate themselves in the market and build a loyal customer base.

Overall, the waterless cosmetics market is a promising sector with plenty of opportunities for growth and innovation. As consumers become more aware of the impact of their purchases on the environment, the demand for sustainable and eco-friendly beauty products is likely to continue to rise, making the waterless cosmetics market a lucrative area for brands to explore.

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Key Takeaways from the Phospholipid Market:

The U.S. has emerged as a key market for waterless cosmetics, accounting for nearly 80% of sales in North America.
The skincare category is expected to register a significant growth rate of 4 during the forecast period.
As per the analysis, in terms of consumer orientation, women are expected to hold a notable share of 38.4% during the forecast period.
India accounts for nearly One-fourth of waterless cosmetics sold in South Asia.
Brazil will emerge as an exceptionally lucrative market, exhibiting a CAGR of 13.5% between 2023 and 2033.

How Key Players are revolutionizing the Manufacturing of the Waterless Cosmetics market?

The key players in the waterless cosmetics market are on a mission to revolutionize the beauty industry by eliminating the need for water in their products. They are breaking the mold with innovative formulations that incorporate a range of ingredients that nourish and rejuvenate the skin without the use of water. From plant-based oils to natural clays, these ingredients are carefully selected to provide maximum benefits to the skin, while also reducing the need for preservatives and other harmful additives.

These brands are leading the charge on sustainable and eco-friendly packaging, offering refillable containers and other earth-friendly options that minimize waste and promote a healthier planet. With their commitment to innovation and sustainability, these key players are paving the way for a brighter, more beautiful future in the waterless cosmetics market.

Key Players in the Market:

Unilever Plc
The Waterless Beauty Company
L’Oreal SA
Kao Corporation
The Procter & Gamble Company
Loli
Clensta
Ruby’s Organics
Carter + Jane
Taiki USA
Ktein
Niconi
True Botanicals
Allies Group Pte. Ltd.
Lavedo Cosmetics
No Cosmetics
May Coop
Azafran Innovacion

Recent Developments in the Waterless Cosmetics Industry:

In September 2022, L’Oréal SA acquired Skinbetter Science, fusing indulgent textures with groundbreaking dermatological science for a unique skincare experience.

More Insights Available

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

To understand opportunities in the waterless cosmetics market, the report is segmented on the basis of Product Type (Skincare, Hair Care, Cosmetics and Others), Consumer Orientation (Men, Women and Unisex) Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Departmental Stores, Online Retail and Other Retail Formats), Price Range (Economy (Below US$30), Mid-Range (US$30 to US$60) and Premium (Above US$60)), across 7 major regions (North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa (MEA) and Oceania).

Market Segmentation

By Product Type:

Skincare
Hair Care
Cosmetics
Others

By Consumer Orientation:

Men
Women
Unisex

By Sales Channel:

Wholesalers/Distributors
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Departmental Stores
Online Retail
Other Retail Formats

By Price Range:

Economy (Below US$30)
Mid-Range (US$30 to US$60)
Premium (Above US$60)

By Region:

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

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.

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Organic Salad Dressing Market Set to Reach US$ 2.6 Billion by 2030 Health-Conscious Consumers Drive Growth at 5.4% CAGR

The global organic salad dressing market By 2030, the size is anticipated to reach US$ 2,638.42 million. A recent report by According to Future industry Insights (FMI), the industry is expected to expand at a compound annual growth rate (CAGR) of 5.4% between 2020 and 2030.

The research indicates that consumer demand for products made with natural and organic components is rising due to the health benefits of these foods. The primary objective of this study is to present a thorough analysis of the market while accounting for key growth factors, opportunities, constraints, and changes.

Global demand for organic salad dressings is rising as a result of the fast growing eating-out culture, which has sparked a boom in cafés and restaurants in both developed and developing nations. An increasing number of food product manufacturers are attempting to cater to consumers who are health-conscious by offering natural and organic salad dressing, which is driving the demand.

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The global organic salad dressing market is set for substantial expansion, with an anticipated size of US$ 2,638.42 million by 2030. According to a recent report by Future Industry Insights (FMI), the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.4% between 2020 and 2030, driven by increasing consumer demand for natural and organic foods.

Key Points and Takeaways:

Market Projection: The organic salad dressing market is forecasted to reach US$ 2,638.42 million by 2030, with a CAGR of 5.4%.
Driving Factors: The rising popularity of natural and organic foods due to their health benefits is a key driver for the market’s growth.
Distribution Channel: Hypermarkets and supermarkets lead the market based on the distribution channel, capturing a significant share.
Geographical Dominance: North America dominates the market with a 34% share, while Europe and Asia Pacific remain steady as key markets.

Market Dynamics:

Eating-Out Culture: The expanding eating-out culture globally, along with the growth of cafes and restaurants, contributes to the increasing demand for organic salad dressings.
Culinary Preferences: Consumer preference for continental cuisines, which often use organic salad dressings, further fuels market growth.

Impact of COVID-19: The COVID-19 pandemic has influenced a shift in consumer behavior, with lockdowns affecting eateries and restaurants. However, the demand for organic salad dressing is rising in households as consumers seek to replicate restaurant-like tastes at home.

Key Takeaways:

The market is witnessing a CAGR of 5.4%, fueled by health-conscious consumer preferences for natural and organic foods.
North America holds a dominant market share, driven by the popularity of organic salad dressings.
Hypermarkets and supermarkets are key distribution channels contributing to market growth.

Additionally, it is expected that as consumers continue to favour continental cuisines, which primarily rely on organic salad dressing, demand for organic salad dressing will increase throughout the course of the projected years.

It includes in-depth insights into the organic salad dressing industry Some of these are:

The estimated value of the organic salad dressing industry was at US$ 1436 Mn in 2020
Rising demand for organic food will aid the expansion of the market
North America dominates the market with a share of 34%
On the basis of distribution channel, hypermarkets and supermarkets lead the market
Consumption of food products, such as rice and pasta, with various condiments and sauces, dressing continues to remain in vogue, globally, enabling growth in the market

Lockdown Enforced and Willingness to Imitate Restaurant-like-taste at Home will Impact Growth

Due to the rising number of eateries serving international cuisine, the demand for organic salad dressings in the hospitality sector has grown significantly. However, because of the lockdown, the COVID-19 pandemic will severely affect eateries and restaurants. The demand for organic salad dressing will rise in households due to a growing consumer willingness to replicate restaurant-like tastes at home, along with an increase in demand for organic food and dressing items. On the other hand, the majority of consumers work from home and practise social distance to prevent the spread of the novel coronavirus.

Competitive Landscape:

Major players in the organic salad dressing industry include Dr. Oetker, Kraft Heinz, McCormick, Unilever, American Garden, Annie’s Homegrown, Cibona, Duke’s, Hidden Valley, Ken’s Foods, Kenko Mayonnaise, Mrs. Bector’s Cremica, Newman’s Own, Oasis Foods Company, Remia, Stokes Sauces, Tina, and Pinnacle Foods. Innovation in new product development and packaging remains a focus for global players in the salad dressing industry.

ORGANIC SALAD DRESSING INDUSTRY TAXONOMY

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By Type

Ranch dressing
Vinaigrettes
Caesar dressing
Blue cheese dressing
Thousand island dressing
Other creamy dressing

By Base

Cream-based salad dressings
Oil-based salad dressings
Reduced-fat salad dressings

By Application

Household
Industrial
Other

By Distribution Channel

Hypermarkets/Supermarkets
Convenience Stores
Specialty Retailers
Others

Region

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

ORGANIC SALAD DRESSING INDUSTRY– KEY RESEARCH FINDINGS

The organic salad dressing industry will exhibit a CAGR of 5.4% between 2020 and 2030
Regionally, North America emerged as a key market for organic salad dressing
Europe and Asia Pacific will remain steady as key markets for organic salad dressing
The increasing willingness to spend a little extra on healthy food and condiments among customers will boost growth
Foodservice category is expected to remain dominant in terms of application.

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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Future Market Insights Inc.
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T: +1-845-579-5705
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The US$ 1.7 Billion Non-Thermal Pasteurization Market by 2032 Riding a 3.2% CAGR till 2032 Amidst Consumer Demand for Safer

non-thermal Pasteurization market expects to reach US$ 1.7 billion by 2022 and grow at a 3.2% annual rate until 2032. This growth is driven by consumers’ desire for safer, additive-free food, as evidenced by extensive research that use cutting-edge methodology to analyse industry drivers, problems, and emerging trends.

The market for non-thermal pasteurisation is expected to reach US$ 1.7 billion by 2022 and increase at a compound annual growth rate (CAGR) of 3.2% from 2022 to 2032.

The report asserts that the primary drivers of demand for processed meals containing active ingredients are consumer preferences for healthier, additive-free food and growing worries about food safety. In-depth industry analysis is provided by the research, which also highlights the key growth-promoting elements, opportunities, difficulties, and current trends. It uses cutting-edge research methods to deliver the most accurate market analysis.

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Non-thermal pasteurisation techniques, such as high-pressure processing, pulse electric field, ultrasonic, and others, have helped businesses meet the growing demand from customers by increasing production capacity and reducing processing times. Since non-thermal methods inactivate germs and provide food preservation, freshness, and a longer shelf life, they are being utilised more frequently.

It includes in-depth insights into the non-thermal pasteurization market. Some of these are:

The estimated value of the market was at US$ 1.1 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth
North America region dominated the global non-thermal pasteurization market where as the Europe region held the second dominant position in the market
North America is dominates the non-thermal pasteurization market because of rising health consciousness among people related to food product
Europe has seen considerable growth as a result of increasing use of meat and beverage products in Spain, the U.K., and other nations, attracting numerous food companies to embrace non-thermal processing technology to manufacture safe and natural goods without added preservatives
Beverages segment to exhibit high demand

Lowered Production Due to COVID-19 Outbreak will Impact Growth

As demand decreases and the coronavirus spreads, supply-chain disruptions are making the companies suffer. The non-thermal pasteurization market is negatively affected by coronavirus due to the lockdown. Prices are declining due to less export activity. Lowered production and dwindling sales in non-thermal pasteurization companies are expected to have adverse impact on the overall market. With worsening business sentiment and the widespread shutdown of production sites in key markets, the  non-thermal pasteurization market is likely to experience a sharp decline in revenue.

Who is Winning?

Key players operating in the global non-thermal pasteurization market include Bosch, Emerson, Bühler, Hiperbaric España, Avure Technologies, Chic Freshertech, Elea Technology, Pulsemaster, Star, Dukane, Symbios Technologies, CHIC Foods Co. Ltd., Avure Technologies, Hormel Foods Corporation, Hain Celestial Group and American Pasteurization Company. In order to improve their market place on the global non-thermal pasteurization market, key players now concentrate on strategies such as product innovations, mergers & acquisitions, new technologies, joint ventures, collaborations and partnerships.

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NON-THERMAL PASTEURIZATION MARKET TAXONOMY

The global Non-Thermal Pasteurization Systems market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Technique

High Pressure Processing (HPP)
Pulse Electric Field (PEF)
Microwave Volumetric Heating (MVH)
Ultrasonic
Irradiation

Form

Solid
Liquid

Application

Food and Beverages
- Dairy Products
- Ready Meals
Pharmaceuticals
Cosmetics

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

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KEY RESEARCH FINDINGS

Non-thermal pasteurization is gaining popularity as a preferred technology for food processing for converting raw food items into products that are suitable for human consumption
Non-thermal pasteurization does not expose the food to high temperatures which helps to retain the taste, nutritional value of the food and appearance. The technology also helps to kill pathogens keeping the food safe
The increasing use of HPP in shellfish, sliced meat, vegetables, fruit, poultry, fish, juices & smoothies, ready-to-eat meals, sauces & salsas, and others is expected to drive the market
The non-thermal pasteurization food segment is expected to account for the largest share due to the growing use of HPP in meat products, fruits, cheese and ready-to-eat meals
High growth is expected in the North America non-thermal pasteurization 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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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Hydroponics Industry Cultivates a Robust Future with Projected Valuation of US$ 5.70 Billion by 2033

Hydroponics Market — Hydroponics Industry

The global Hydroponics Industry is set to witness a flourishing growth trajectory with a projected CAGR of 7% over the forecast period, according to a Future Market Insights analysis. Valued at US$ 2.78 billion in 2023, the hydroponics sector is poised to escalate to US$ 5.70 billion by 2033, demonstrating its transformative potential in modern agriculture.

Growing Factor:

Rising environmental concerns, the imperative for food security, and technological advancements in hydroponics position the market as a crucial player in global agriculture’s evolution.

Hydroponics Industry Blooms: Seeding Opportunities for Sustainable Agriculture and Lucrative Returns:
As the Hydroponics Industry charts an upward trajectory, investors are presented with a golden opportunity to capitalize on the transformative potential of resource-efficient and sustainable agriculture. With a projected valuation of US$ 5.70 billion by 2033, the Hydroponics Industry promises not only financial growth but also a significant contribution to the global shift towards innovative farming practices.

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The world’s population is growing quickly, raising the need for food by nearly 200,000 people per day. As crops are lost due to insect infestations, natural calamities like droughts and floods, and pest infestations, the amount of arable land is also reducing globally, and production costs are rising. As a result, commercial hydroponics systems are receiving significant financial investment around the globe.

Key Points:

Global Growth: The United States holds a significant 19.3% share of the global market in 2022, with robust growth anticipated through the forecast period.
Regional Trends: China, the United Kingdom, and India are poised for substantial growth, with CAGRs of 8%, 7.5%, and 13.4%, respectively.
Competitive Landscape: Top manufacturers include Emerald Harvest, Argus Control Systems Limited, Hydroponic Systems International, and others, employing innovative strategies for market dominance.

Key Takeaways:

Market Dynamics: The Hydroponics Industry exhibits a remarkable CAGR of 11.5% from 2018 to 2022, indicating swift adoption of hydroponic techniques to address challenges in traditional agriculture.
Vegetable Surge: Hydroponic vegetable cultivation experiences a surge, propelled by health-conscious consumers, contributing significantly to overall market growth.
Resource-Efficient Farming: Increased awareness among growers regarding resource-efficient farming drives the market’s expansion from US$ 7,227.3 million to US$ 11,466 million.
Long-Term Projections: The Hydroponics Industry is expected to reach an impressive US$ 45,623 million by 2033, underscoring its pivotal role in future agriculture.

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Competitive Landscape:

The top manufacturers of the Hydroponics Industry are Emerald Harvest, Argus Control Systems Limited, Hydroponic Systems International, Emirates Hydroponics Farms, Advanced Nutrients (Canada), Freight Farms, Inc., Green Sense Farms Holdings, Inc., Signify Holding B.V., Terra Tech Corp, and others.

These companies have used a variety of strategies to get a solid advantage over their rivals. They have grown their number of new clients and prosperity by putting both organic and inorganic operational strategies into practice, such as the introduction of innovative goods, acquisitions, mergers, corporate modernization, and collaborations.

Recent Developments:

In October 2022, GrowGeneration Corp. (GRWG) established its first hydroponic store in Virginia, a 9,000-square-foot location in Richmond. To take advantage of the growing Hydroponics Industry, GRWG intends to increase the number of its stores in the region.
In July 2022, with a $40 million investment, Bustanica unveiled the leading hydroponic farm in the world. Emirates Crop One, a partnership between Crop One, and Emirates Flight Catering (EKFC), opened its first vertical farm at the site.

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Hydroponics Industry Segmentation

By Product Type:

Aggregate Systems
Liquid Systems

By Equipment:

HVAC
Irrigation Systems
Control Systems
LED grow Lights
Material Handing
Others

By Input:

Nutrients
Rockwool

By Crop Type:

Tomato
Lettuce and Leafy Vegetables
Pepper
Cucumber
Microgreens
Herbs
Fruits
Others

By Region:

North America
Latin America
Europe
East Asia
South 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.

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Hydrogel-based Drug Delivery System Market Foresees Strong Growth, Targeting US$16.8 Billion Valuation by 2032

According to a recent industry study report by Future Market Insights, the hydrogel-based drug delivery systems market is expected to grow from its current valuation of US$ 7.2 billion in 2022 to a valuation of US$ 16.8 billion by 2032. Between 2022 and 2032, the hydrogel-based drug delivery systems market is projected to expand at a compound annual growth rate (CAGR) of about 8.8%.

Over the last ten years, the healthcare industry has grown tremendously due to the development of AI and connected medical equipment. Technology development has significantly increased the spectrum of medical diagnosis and treatments.

The research provides substantial data sets that validate major trends influencing market growth for hydrogel-based drug delivery systems. It provides insights into the tactics used by the major players to overcome issues that would limit the market’s expansion for hydrogel-based drug delivery systems. The Hydrogel-based Drug Delivery System Market report will help and identify the worries, for a smooth-sailing of the small & medium as well as large enterprises, with the aid of our deep research and information about the past, present, and future Market scenario.

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The landscape of hydrogel-based drug delivery systems is witnessing significant shifts, with Asia Pacific poised to emerge as a pivotal region offering substantial opportunities for market growth. A recent study highlights the region’s potential to drive the expansion of hydrogel-based drug delivery systems, fueled by several key factors.

While North America has historically held the largest share of the hydrogel-based drug delivery systems market, accounting for US$ 2.9 billion in 2021, Asia Pacific is projected to exhibit the fastest growth over the forecast period. This trend is attributed to several factors, including a large target population, improved access to healthcare, and a burgeoning demand for enhanced medical treatments across various therapeutic areas.

Furthermore, the Asia Pacific region is witnessing a surge in demand for innovative healthcare solutions aimed at improving patient outcomes while simultaneously reducing healthcare costs. This growing need for cost-effective and efficient medical interventions is expected to propel the adoption of hydrogel-based drug delivery systems in the region.

Dare Bioscience, a leading biopharmaceutical firm headquartered in the United States, recently announced promising findings from clinical trials evaluating the use of biocompatible hydrogel for medication delivery. The trials focused on assessing the efficacy of clindamycin phosphate 2% hydrogel in the management of infections such as vaginosis, underscoring the potential of hydrogel-based drug delivery systems to address critical healthcare challenges.

As Asia Pacific continues to witness rapid economic development and advancements in healthcare infrastructure, it is poised to become a significant market for hydrogel-based drug delivery systems. Market players are anticipated to leverage this growing opportunity by expanding their presence in the region and introducing innovative products tailored to meet the evolving healthcare needs of the Asian population.

Key Companies:

GALDERMA
Blairex Laboratories, Inc.
Johnson & Johnson
Bausch and Lomb
Medtronic
Ocular Therapeutix, Inc.
Ferring B.V.
Endo International plc
Akorn, Incorporated
Tolmar Pharmaceuticals, Inc.

Hydrogel-based Drug Delivery System Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Hydrogel-based Drug Delivery System Market report with established Market players as well as incumbents in the region.

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Key Segments:

By Polymer Type:

Natural
Synthetic
Hybrid

By Delivery Route:

Subcutaneous
Ocular
Oral Cavity
Topical
Other Delivery Routes

Comprehensive analysis of the regional Markets offers exclusive insights on the Market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

GALDERMA
Blairex Laboratories, Inc.
Johnson & Johnson
Bausch and Lomb
Medtronic
Ocular Therapeutix, Inc.
Ferring B.V.
Endo International plc
Akorn, Incorporated
Tolmar Pharmaceuticals, Inc.

Author By:

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

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

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

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

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

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Food Diagnostics Services Market Set to Reach US$ 21.6 Billion by 2032 with a Notable Growth Rate of 7.2% | FMI

Food Diagnostics Services Market

The Global Food Diagnostics Services Market By the end of 2032, it is expected to have grown from an estimated value of US$ 14.8 billion in 2022 to US$ 21.6 billion. Data from the recently released Global Food Diagnostics Services business analysis indicates that in 2021, there was an 11% YoY increase in the demand for food test kits worldwide. With 21 percent of the food diagnostic services market, it is predicted to increase at a notable rate of 7.2% by 2032.

The top brands in food diagnostics include Thermofisher Scientific Inc., Beckman Coulter Inc., Randox Laboratories Ltd., 3M Company, Neogen Corporation, Fermantes, Danaher Corporation, Biomérieux SA, and Merck Kgaa, according to a Future Market Insights research.

The income of the food diagnostic services segment climbed by 14% from 2017 to 2021. Food diagnostic services grew by 5.7% in 2021 as a result of a 19% increase in consumable demand between 2020 and 2021, according to the FMI research.

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It includes in-depth insights into the food diagnostics services industry Some of these are:

The estimated value of the food diagnostics market was at US$ 12.5 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
During the forecast period, the safety segment is expected to rise at the highest rate by type of test.
The rising prevalence of foodborne illness, food adulteration and an increase in food allergens has resulted in many food recall incidences.
Growing customer concerns about food safety can have a positive effect on the global market for food diagnostics services systems.
Food trade globalization also opens the door to new growth opportunities worldwide and is expected to improve the global demand for food diagnostics services in the coming years.
The market is further driven by the involvement of major food diagnostics services companies are continuously investing and collaborating for the development of better and faster testing technologies, to aid adherence to various food safety regulations.

Eating & Shopping Habits Will Alter Growth Due to COVID-19 Outbreak

This pandemic will lead to certain shifts in consumer behavior and eating habits. Increasing population along with rising economic standards has led to increase in food service spending. Contrary to the aforementioned forecasts, however, the market can head to tough waters.

Coronavirus outbreak greatly affected buyers’ consumption habits. They are unlikely to purchase goods imposed around various nations amid lockdowns. This would have an invariable effect on business growth forecasts.

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Who is Winning?

Major players in the global food diagnostics services systems market are Beckman Coulter Inc., Randox Laboratories Ltd., Biocontrol Systems Inc., E. I. Du Pont De Nemours and Company, Thermofisher Scientific Inc., Perkinelmer Inc., Thermo Electron Corporation, Fermantes, and 3M Company. Other key players include Omega Diagnostic Group Plc., VWR International, Bio-Rad Laboratories Inc., Merck Kgaa, Biomérieux SA, Danaher Corporation, Neogen Corporation, and Foss A/S.

Such players have wide market reach and high organizational and financial strength; in the recent past they have evolved organically and inorganically. Various businesses concentrate on methods for sustainable development, such as product launches, product approvals and others, such as patents and events. Activities observed in the market were inorganic growth approaches, acquisitions, and partnership & partnerships.

Such practices have paved the way for market players to grow their business presence and customer base. With the growing demand for food diagnostics services on the global premium, premium payers from the food diagnostics services industry are expected to see lucrative growth opportunities in the future.

Segments Covered in Food Diagnostics Services Market Analysis

Product Type:

Systems
Test Kits
Consumables

Testing Type:

Safety
Quality

Food Tested:

Meat, Poultry & Seafood
Salad Dressing
Processed Food
Dairy Products
Fruits & Vegetables
Cereals, Grains & Pulses
Nuts, Seeds & Spices
Others

Region:

North America
Latin America
Europe
Asia
Oceania
Middle East & Africa

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Frequently Asked Questions

How much is the current worth of the Food Diagnostics Services Industry
At what CAGR is the market expected to grow?
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How are market players reacting to the new developments in the market?
Which are the major countries driving demand for food diagnostics?
What outlook does Europe provide?
At what rate will the U.S. Food Diagnostics Services Industry grow?

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Brewer Yeast Powder Market: Brewing Nutritional Success, Forecasts Hint at US$ 4,554 million by 2033 | FMI

The global brewer yeast powder market is poised to attain a significant valuation of US$ 2,392 million in 2023, propelled by the burgeoning interest and insights into brewer yeast powder. This trend is expected to pave the way for fresh market opportunities, charting a projected CAGR of 6.7% from 2023 to 2033. By 2033, the market is anticipated to soar to an estimated total valuation of around US$ 4,554 million.

The surging popularity of veganism has emerged as a pivotal driver propelling the yeast extract market forward. With an increasing number of consumers adopting plant-based diets, there is a growing appetite for vegan-friendly alternatives that can faithfully replicate the savory tastes traditionally associated with animal-derived ingredients.

Key Market Trends and Highlights

Brewer yeast powder is gaining significant traction in the food industry due to its nutritional benefits, including high protein and dietary fiber content, along with essential vitamins and minerals like vitamin B12, iron, magnesium, and selenium.
Brewer yeast powder’s nutty flavor makes it a versatile ingredient in various culinary applications. It can be easily incorporated into smoothies, yogurt, cereal, and baked goods. It is also used as a breading for poultry and fish, making it a convenient way to enhance the nutritional profile of meals.
The transition to powdered brewer’s yeast offers advantages such as improved storage and shipping efficiency, consistent performance, and an extended shelf life compared to traditional yeast forms.

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The versatility of yeast extract allows it to meet the diverse needs and expectations of a significantly growing consumer base. As the global veganism movement continues to gain momentum, yeast extract is well-positioned to play a vital role in shaping the future of plant-based culinary experiences.

Contributions of yeast extract to enhancing taste, texture, and overall product quality are not only driving the yeast extract market’s growth but also revolutionizing the way we think about and enjoy vegan and vegetarian food options.

Key Takeaways from the Market Study

The market valuation in 2022 was US$ 2,300 million.
Japan expanded at a value share of 7.7% in 2022.
India’s market for brewer’s yeast is projected to develop at a CAGR of 13.8% in 2022.
The United Kingdom is estimated to expand at a CAGR of 4.2% by 2033.
Based on application, the feed segment is expected to dominate at a market share of 69% by 2033.
Based on type, the liquor dry yeast is likely to register a market share of 44% by 2033.
The brewer yeast powder market insights rose at a 2.4% CAGR between 2018 and 2022.

“The rising popularity of alcoholic beverages has increased the demand for brewer’s yeast and is considered one of the key drivers of the global brewer yeast powder market”, comments a Future Market Insights analyst.

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Competitive Scenario

The brewer yeast powder industry consists of a consequential number of market players. Research and development are one of them that is mainly used for the introduction of environment-friendly product lines from the core aspect of these manufacturers. Additionally, other expansion strategies, inclusive of collaborations, mergers and acquisitions, and exploration of regulatory approvals, are also relied upon.

Some of the new developments are-

Nutreco N.V., a global leader in animal nutrition and aquafeed, announced its investment in West Coast Salmon AS, a U.S.-based land-based salmon venture. The investment is part of West Coast Salmon’s initial round of equity financing, which will be used to establish a Recirculating Aquaculture System (RAS) Atlantic salmon farming facility in Nevada. This investment is a significant vote of confidence in the future of land-based salmon farming. It also demonstrates Nutreco’s commitment to sustainable aquaculture.
AB Mauri UK & Ireland has announced the appointment of four new professionals, a strategic move to extend the reach of its top-tier technical solutions across industries beyond the bakery sector. This expansion of technical solutions is part of AB Mauri UK & Ireland’s commitment to providing its customers with the best possible products and services. The company further believes that by expanding its reach, it can better serve the needs of its customers and help them grow their businesses.

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Brewer Yeast Powder Market By Category

By Type:

Alcohol Dry Yeast
Liquor Dry Yeast
Wine Dry Yeast
Rice Wine Dry Yeast
Beer Dry Yeast

By Application:

Brewing, Baking
Feed
Biological Research
Medicine

By Region:

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

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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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CBD Snacks Market: Infusing Goodness, Predictions Point to US$ 2.5 Billion by 2032 | FMI

The Global CBD Snacks Market Set to Reach USD 712.5 Million by 2022 with a Projected CAGR of 13.2% from 2022 to 2032. North America Leads, Contributes Over 30% of Revenue in 2021.

CBD snacks are a recent development in the CBD industry. CBD snacks are made with CBD oil, which is known for its therapeutic properties. People who use CBD oil to treat medical conditions say that it helps them feel better. CBD snacks are a great way to get the benefits of CBD oil without having to take a pill or swallow a liquid.

Consumers’ increasing preference for natural organic products over pharmaceuticals is one of the major factors driving the growth of the CBD-infused snacks market. The growing demand for cannabidiol (CBD) for the production of snacks and wellness products due to its healing properties is driving the CBD-infused snacks market growth.

The CBD-infused snacks market is being driven by the growing popularity of CBD-infused snacks due to their therapeutic properties, as well as changes in consumer food habits. Furthermore, a growing number of social media influencers promoting the product’s benefits, mergers and acquisitions among key players, R&D activities, a change in lifestyle, and an increase in disposable income all have a positive impact on the CBD-infused snacks market.

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List Of Key Players Covered in CBD Snacks Market are:

ZBD
LivityFoods LLC
VELOBAR
Naturebox
Weller
Evo Hemp
CBD American Shaman
Dixie Brands Inc.
Premium Jane
Pure Kana
Just CBD.

Key Takeaways from the CBD Snacks Market Study

Consumers are likely to adopt healthier lifestyles which have resulted in higher food and beverage intake with potential health benefits. Consumers are now becoming more aware of their diets, owing to which they invest on a holistic approach to health and wellbeing that covers almost every aspect of life. In addition, consumers are increasingly taking part in fitness activities that improve their well-being. As a result, the demand for CBD-infused snacks is steadily gaining momentum globally due to an rise in population awareness of health and fitness, along with an growing number of highly upscale consumers interested in eating safe and nutritious foods.
According to Go Clean Label, Clean label refers to food products that contain natural, and simple ingredients that are easy to identify, with no artificial additives, according to Go Clean Label. Consumers looking for simpler foods with fewer ingredients have made the food manufacturers to exclude artificial ingredients and chemical modifiers from the food products. Most of the consumers believe that food products with natural ingredients offering better nutrition, environment sustainability, and are ethically sourced can be qualified as clean label. Clearly, the trend of clean label with the content of THC free or THC less than 0.3% is playing an important role in the promotion of CBD Snacks Market.

“CBD, with its many interconnected products and services, is growing to unprecedented levels. Touched for its wide-ranging health benefits without any of the psychoactive impacts of the THC, CBD infused food is attaining strong global market acceptance.,” said an analyst at FMI.

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E-commerce sales gain rapid momentum

As more customers use mobile devices to order foodstuffs and groceries, e-commerce continues to gain rapid momentum around the world. Rapid digitization has resulted in heavy e-commerce penetration in APEJ countries, with China leading with a high market share. CBD snacks have a long shelf-life and can be conveniently packed as desired, attracting high customer base. Various e-commerce companies compete in the region by introducing their own food labels to expand their reach on the market. The sales of CBD products processed via e-commerce are expected to gain rapid traction over the coming years and are expected to drive market growth over the forecast period.

Who is winning?

Multiple leading manufacturers of CBD snacks are focusing on mergers and acquisition to expand its business footprints and to increase their production capacity. Leading players of CBD snacks are investing in research and development to produce innovative products using CBD snacks.

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CBD Snacks Market by Category

By Type, CBD Snacks Market is Segmented as:

Gummies
Bars
Cookies

By Distribution Channel, CBD Snacks Market is Segmented as:

Hypermarkets/Supermarkets
Convenience Stores
Discount Stores
Pharmacy/Drug Stores
Food and Drink Specialty Stores
Independent Small Groceries
E Retailers

By Region, CBD Snacks Market is Segmented as:

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

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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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Imitation Whipped Cream Market: Whipping Up Trends, Anticipating Growth to US$ 2.08 Billion by 2032 | FMI

By 2022, the market for imitation whipped cream will be valued at USD 1.1 billion, growing at a CAGR of 6.6% between 2022 and 2032. The imitation whipped cream market is anticipated to reach a value of USD 2.08 billion by 2032.

According to the report, the rising demand for imitation whipped cream in the food and beverage industry will fuel market growth. The report offers a comprehensive market overview, covering prevailing trends and opportunities. It also highlights key growth drivers and restraints to offer refined forecasts on growth opportunities.

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Imitation whipped cream is produced using either vegetable oils or plant-based milk and is then spray-dried to achieve change them into a powder form. Imitation whipped cream in the powdered form has the highest economic contribution due to its higher shelf life, which has an impact on the choice of consumers as well as the retailers that sell the product.

Imitation whipped cream is easily storable and does not require any additional efforts. Consisting imitation whipped cream in supermarkets is also easier and more cost-effective as these non-dairy creamers have an extended life. Thus, the value of imitation whipped cream is higher in the global market.

It includes in-depth insights into the imitation whipped cream market. Some of these are:

The estimated value of the market was at US$ 958.7 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Asia Pacific excluding Japan recorded high growth in the global imitation whipped cream market in the year 2020.
Imitation whipped cream markets Europe and North America will remain lucrative through the forecast period.
Conventional imitation whipped cream is expected to remain the dominant segment in terms of the nature of imitation whipped cream.
Players in the market are likely to focus on research and development to find new sources to make plant-based whipped cream and imitating whipped cream frosting.

“Rising popularity of plant-based ingredients in the food and beverage industry is anticipated to drive the imitation whipped cream market. It is also expected to benefit from increasing preference for coffee and ready to drink beverages among millennial. Changing consumption habits, coupled with focus on health and wellness will steer growth in favour of the market,” said a lead analyst at FMI.

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Shifting Consumers’ Preferences towards Plant-Based Dairy Alternatives

The dairy-usage among the consumers has persisted due unavailability of adequate options in dairy-alternatives and the need for nutrients that only dairy can fulfil. But the change of trend has been observed in recent as producers are coming with a wide range of products in dairy alternatives with variations in color, base and type of these products. Dairy products are preferred more traditionally and manufacturers cannot experiment much with them. With millennial and present-day consumers looking for more options in dairy products, imitation whipped cream market may gain impetus. The variety of imitation whipped cream recipe is plenty. It can be used in different food and beverage preparations, which is a key factor enabling growth in the market.

Dip in Demand Likely as Restaurants and Food Chains Remain Shuttered due to COVID-19

The global food industry is significantly affected by the COVID-19 outbreak, which has resulted in temporary closures of restaurants and food chains. Hence, HoReCa running out of businesses, it could be a major setback for imitation whipped cream market. Nonetheless, the market will pick up once operations in food service industry resumes. Until then, lockdown and preventive measures imposed across nations may curb growth prospects for the market.

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Who is winning?

Some of the key players operating in the imitation whipped cream s market are Kraft Heinz Company, Rich Products Corporation, Nestlé S.A, Danone, Trader Joe’s Company, Kerry Group, and more tier two players.

Due to the rising popularity of plant-based food, manufacturers of whipped cream are improving their product offerings. Along with this, they are focusing on technical developments in production technology. Besides these, they are adopting strategies such as merger and acquisitions and collaborating with local/ regional producers across the emerging market to expand their global footprint. These companies are mainly focusing on catering to meet the ongoing trend in the millennium.

The global imitation whipped cream market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Nature

Organic
Conventional

Form

Powder
Liquid

Product Type

Soy Creamer
Almond Creamer
Oat Creamer
Coconut Creamer
Rice Creamer
Cashew Creamer
Coffee Creamer
Vegetable Cooking Cream
Other Product Types

End-Use

HoReCa/Food Service
Food & Beverage Processing
- Food Premixes
- Soups and Sauces
- Beverage Mixes
- Coffee Mixes
- Tea Mixes
- Bakery Products and Ice Cream
- RTD Beverages
- Others
  - Infant Food
  - Prepared and Packaged Food
Household/Retail

Sales Channel

Direct Sales
Indirect Sales
- Modern Trade
- Convenience Store
- Departmental Store
- Online Retailers
- Specialty Store
- Other Sales Channel

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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Deodorization Systems Market: Clearing the Air, Projections Forecast US$ 5.2 Billion Valuation by 2030 | FMI

The global deodorization systems market size is expected to reach US$ 5.2 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2020 and 2030. According to the report, the market is anticipated to grow in the forecast period owing to improvements in the quality of the deodorization systems coupled with the increasing demand for deodorizers from the oil industries.

Deodorization systems play a crucial role in various industries, particularly in waste management, food processing, and wastewater treatment. These innovative systems are designed to eliminate or reduce unpleasant odors and volatile organic compounds (VOCs) from the air, ensuring a healthier and more pleasant environment for both workers and nearby communities.

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One of the key components of deodorization systems is the use of advanced technologies like activated carbon filters, biofiltration, and chemical scrubbers. Activated carbon filters are highly effective in adsorbing and removing odorous compounds, while biofiltration employs microorganisms to biodegrade organic pollutants, transforming them into harmless byproducts.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Some of the players operating in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on taking development and marketing strategy to boost this market’s growth.

During the forecast period, the chemical refining segment is expected to hold the largest share in the deodorization systems market as it is a fairly efficient method of reducing the fatty acid content in crude oil with higher boiling point.

This process is used to treat high free fatty acid content in the oil. Chemical refining is performed to extract the fatty acids from the crude oil that are then neutralized using caustic soda. It results in batch settling or centrifugal separators separating the sodium soaps. Then, the neutral oils are bleached and deodorised.

It includes in-depth insights into the deodorization systems market. Some of these are:

The estimated value of the market was at US$ 3.7 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Asia Pacific accounts for the largest share in the global deodorization systems market due to the high industrial growth potential and industry favorable policies.
The growth in manufacturing sector and upcoming demand for hybridization of algal oils with regular oils is likely to showcase growth opportunities for the deodorization system market during the forecast period.
In the near future, the continuous segment will account for maximum share in the global demand for deodorization systems.
Rising equipment exports and increased demand for edible oil are some of the main factors that will increase the growth of this market in the near future.

Variation in Consumption Pattern Due to COVID-19 Outbreak Will Impact Growth

As the coronavirus outbreak continues to develop, now is the time for food and beverage companies to consider response actions to help mitigate their risk and prepare for how they will deal with the fallout from the coronavirus. An effective plan should include establishing an interdisciplinary crisis response team to identify, assess and manage the risk presented. The team should include personnel from purchasing, operations, quality, regulatory, finance and legal. Coronavirus outbreak had a considerable impact on consumption pattern of buyers. This will invariably impact growth forecasts for the market.

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Who is Winning?

Some of the players functioning in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on implementing creation and marketing strategies to stimulate this market’s growth.

Besides that, mergers and acquisitions continue to be a common strategy among market players. With strategic partnerships, corporations plan to extend their regional footprint.

The global Deodorization Systems market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Component

Pumps
Towers
Coolers
Oil & Management Systems
Tanks

Technology

Thin Film
Packed Column

Refining Method

Physical Refining
Chemical Refining

Edible Oil

Soybean Oil
Olive Oil
Peanut Oil
Canola Oil
Sunflower Oil
Palm Kernel Oil
Cottonseed Oil
Coconut Oil
Palm Oil

Operation

Batch Deodorization Systems
Semi- Continuous System
Continuous Deodorization Systems

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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KEY RESEARCH FINDINGS

Deodorization systems help in refining edible oils and fats. It’s a multi-step process that includes oil desecration, heating and cooling, deodorization-de acidification, and vapour scrubbing systems
Coconut oil, palm oil, olive oil, mustard seed oil, peanut oil, soybean oil, and sunflower are some of the oil which can be refined by the deodorization process
Key factors contributing to the growth of the global deodorization systems market are growing environmental issues, rising industrialization, increasing market awareness and the inclination of producers towards cost-effectiveness
The chemical processing industry is expected to account for the leading share in the global deodorisation systems market
Among edible oil types, palm oil accounted for higher share the global deodorization systems market.
The Asia Pacific market is expected to rise at the highest CAGR due to the remarkable expansion of the food and beverage and industry in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia.

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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