Europe Radiotherapy Patient Positioning Market Embarks on Thriving Path with 4.1% CAGR from 2022 to 2032

Radiotherapy Patient Positioning Accessories Market
Radiotherapy Patient Positioning Accessories Market

Radiation patient positioning in Europe is a leading indicator of advancement in cancer treatment, as it is situated at the nexus of technological innovation and precision in healthcare. A crucial aspect of radiotherapy that greatly affects treatment accuracy, patient positioning is a vibrant market dedicated to improving both the art and science of the technique. The market is essential to ensuring that patients receive optimal radiation therapy with little collateral damage to healthy tissues, even as medical innovations continue to unfold. The Europe radiotherapy patient positioning market  is a prime example of the continuous efforts to improve the quality of life for cancer patients by being precise and flexible. This will help to create a future in which medical care is not only efficient but also customised to meet the individual needs of every patient.

The market for radiation patient positioning in Europe is expected to develop significantly, with a 4.1% compound annual growth rate (CAGR) from 2022 to 2032, and reach US$ 124.9 million in 2022. By product category, the markers section accounts for approximately 30.0% of the European market for radiotherapy patient placement in 2022.

Cancer is the second largest cause of mortality followed by cardiovascular diseases in Europe. Approximately 2.9 million people are diagnosed with cancer, of which about 1.2 million cases account for mortality. The high rate of mortality associated with the increasing prevalence of cancer within the region has an impact on both social and economic levels.

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On average, around 40% of cancers are preventable after proper treatment assessment. This increase in the number of cases can boost the market by demining more radiotherapy patient positioning devices. Hence Euro commission focuses on prevention, early detection, diagnosis and treatment, and improving the quality of life of cancer patients and survivors.

Also, emergence of the immobilization system has made cancer detection easy and cancer management is done in an appropriate manner. This is propelling the growth of the Europe radiotherapy patient positioning market.

Europe patient positioning market is highly fragmented. New products are continually being introduced into the market by companies. Furthermore, key players are working hard to create innovative treatments and therapies and obtain regulatory clearances in order to enhance patient outcomes in the region.

Key Takeaways:

  • Markers as products are expected to hold over 27.0%market value share by the end of 2032 and are expected to display a CAGR growth of 3.1% over the forecast period.
  • Radiation/proton therapy centers hold a higher end-user segment share in terms of the market share value of 45.1% in 2021.
  • DACH is slated to be the largest leading region with a value share of 18.5% in 2021, owing to the high prevalence of lung cancer within the country.

“Rising incidences of cancer and growing awareness in cancer management are set to boost the sales of radiotherapy patient positioning market,” says an analyst of Future Market Insights.

Market Competition

Key manufacturers are actively working in coherence with researchers in order to be able to acquire enhanced and innovative concepts to widen the therapeutic actions of the product that drive their research capabilities and strengthen their product portfolio.

Further, these players are also focusing on activities related to acquisitions and agreements in order to expand the product reach.

  • In Jan 2022, Eckert & Ziegler acquired 100% of the shares of Argentinian nuclear medicine specialist Tecnonuclear S. A., a manufacturer of Technetium-99 generators and a portfolio of related biomolecules.
  • In Oct 2021, Roper Technologies, Inc., did an agreement to sell its CIVCO Radiotherapy business to an affiliate of Blue Wolf Capital Partners LLC, a private equity firm, in an all-cash transaction valued at $120 million. Roper will retain its CIVCO Medical Solutions business, which will continue to operate independently.

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Key Companies:

  • Orfit Industries
  • Qfix
  • Elekta
  • Eckert & Ziegler BEBIG
  • CDR Systems
  • Roper Technologies-CIVCO
  • Best Medical Canada
  • Blessing Cathay Corporation
  • Candor ApS
  • IZI Medical Products
  • Klarity Medical Products
  • MacroMedics BV
  • OSL Oncology Systems Limited.
  • T-Tape Company B.V.

Key Segments :

By Product Type:

  • Thermoplastic Masks & Sheets
    • Head Masks
    • Head & Shoulder Masks
    • Torso & Extremities
  • Markers
    • Fiducial Markers
    • Vaginal Markers
    • Rectal Marker
  • Immobilization System
  • Head Rest
  • Cushions
  • Spacers & Wedges
  • Arm & Wrist Support
  • Locating & Indexing Bar
  • Bite Positioners

By End User:

  • Hospitals
  • Cancer Research Institutes
  • Radiation/Proton Therapy Centres

By Region:

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

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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Interventional Cardiology Devices Market Sets Sights on Astounding US$ 36.9 Billion Valuation by 2032

Interventional Cardiology Devices Market
Interventional Cardiology Devices Market

Pioneering medical innovations that transform the field of heart health is the mission of the interventional cardiology devices market share, which is at the forefront of cardiovascular care. In order to detect and treat cardiovascular diseases with minimally invasive therapies, this industry focuses on state-of-the-art devices and methods such as stents, catheters, and imaging equipment. An important part of the industry’s revolution in cardiac care is its dedication to enhancing patient outcomes and shortening recovery periods. The interventional cardiology devices industry is a driving force behind the advancement of cardiovascular medicine through continuous research, innovation, and a commitment to precision. It provides hope and enhanced quality of life to those dealing with heart-related issues.

It is projected that the global market for interventional cardiology devices will grow at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2032. It is anticipated that the market for interventional cardiology devices would be worth US$ 16.4 billion in 2022 and US$ 36.9 billion by 2032.

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Factors driving market growth include the increasing elderly population leading to a rise in coronary artery disease prevalence, as well as the introduction of new and advanced products, and a rising incidence of diabetes.

However, the availability of alternative therapies, as well as product failures and recalls, may limit market growth during the forecast period. Additionally, hospital visits have decreased due to lockdowns and social distancing, leading to lower sales for interventional cardiology products.

Leading companies in the Interventional Cardiology Devices market, including Boston Scientific, Medtronic, and Abbott, have reported revenue reductions in recent quarters. Despite this, the demand for interventional cardiology devices is expected to rise due to the high incidence of heart and circulation diseases, particularly in the United Kingdom.

Risk factors such as diabetes and hypertension also contribute to the demand for interventional cardiology equipment, with a rising prevalence of these conditions expected in major markets as the world’s population ages. Emerging markets such as India, China, and Brazil offer significant potential opportunities for the industry due to a large geriatric population and high diabetes incidence.

Of all interventional cardiology devices, angiography catheters hold the largest market share due to the high prevalence of coronary artery disease and growing awareness of early identification.

North America currently dominates the market due to factors such as growing diabetes prevalence, an aging population, reimbursement availability, and the presence of major corporations.

KEY TAKEAWAYS:

  • In the product sector, Angioplasty Stents from the marketing attribution software market is anticipated to flourish at the quickest CAGR of 8% through 2032.
  • With a CAGR of 7.9% through 2032, North America is predicted to grow significantly in the region segment of the marketing attribution software market.
  • The market size for marketing attribution software market in the United States is expected to reach US$ 12.9 Billion by 2032, growing at a CAGR of 8.2% through 2032.
  • China is anticipated to reach a market size of US$ 2.7 Billion in marketing attribution software by 2032, with a CAGR of 7.8% through 2032.
  • UK’s marketing attribution software market is anticipated to be worth US$ 1.5 Billion by 2032, with a CAGR of 7.5% through 2032.
  • Japan is expected to have a market size for marketing attribution software of US$ 2.1 Billion by 2032, with a CAGR of 6.7% through 2032.
  • By 2032, South Korea is expected to reach a market size of US$ 1.3 Billion in marketing attribution software, with a CAGR of 6.2% through 2032.

COMPETITIVE LANDSCAPE:

Medtronic (US), Boston Scientific Corporation (US), Abbott (US), Edward Lifesciences Corporation (US), Cardinal Health (US), iVascular (Spain), Becton, Dickinson, and Company (US), B. Braun Melsungen (Germany), Terumo Corporation (Japan), Biosensors International Group (Singapore), and BIOTRONIK SE & Co. KGaA are prominent Interventional Cardiology Devices market players (Germany).

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Key Segments

By Product:

  • Angioplasty Balloons
    • Old/Normal Balloons
    • Drug-eluting Balloons
    • Cutting and Scoring Balloons
  • Angioplasty Stents
    • Drug-eluting Stents
    • Bare-mental Stents
    • Bioabsorbable Stents
  • Structural Heart Devices
    • Aortic Valve Therapy Devices
    • Other Therapy Devices
  • Catheters
    • Angiography Catheters
    • Guiding Catheters
    • IVUS/OCT Catheters
  • Plaque Modification Devices
    • Atherectomy Devices
    • Thrombectomy Devices
  • Hemodynamic Flow Alteration Devices
    • Embolic Protection Devices
    • Chronic Total Occlusion Devices
  • Other Devices
    • Guidewires
    • Vascular Closure Devices

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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Calcium Propionate Market on the Upswing: Anticipating Growth to US$ 998 Million by 2032 | FMI

Calcium Propionate Market
Calcium Propionate Market
The global calcium propionate market is set to witness growth at a CAGR of 5.6% and top a valuation of USD 498 Mn by 2032.

In terms of product type, dry calcium propionate for confectionery and liquid calcium propionate together accounts for over 40 % of the Calcium Propionate market in 2022.

Due to the calcium propionate capabilities, the bakery goods category is expected to dominate the market in lowering chemical agents in yeast and bacteria, which is a prominent element in bread products. Furthermore, the dry calcium propionate segment is expected to dominate the market.

The demand for the product is rising owing to its cost-effectiveness as compared to other preservatives. Implementation of strict rules and regulations concerning food safety and shelf life is likely to be a major restraint to the market growth in the forthcoming period. However, growing health concerns along with changing lifestyles have increased the application of calcium propionate over the last few years, which will counter hampering factors and favor the market growth during the forecast period.

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The calcium propionate market is the world’s biggest preservative category. Despite the high cost of raw resources, this industry is confronted with difficulties. This component of the study is treated strategically, with a stronger emphasis on its commercial uses and potential business prospects. Increased R&D expenditure, particularly in developed economies like North America and Europe, is likely to provide market participants with growth prospects.

Key Takeaways from Market Study

  • The calcium propionate market is expected to expand at CAGRs of 9.8% and 15% in the US and Europe respectively, through 2032.
  • The European calcium propionate market is currently pegged at USD 106 Mn.
  • In comparison to the liquid form, the dry form of Calcium propionate will have a larger demand. The convenience with which the ingredient may be mixed into meals is one of the advantages of the dry form.
  • By application, the bakery section holds the highest market share and is set to expand at a CAGR of 11%.
  • The outbreak of COVID-19 disrupted the supply chain of calcium propionate, causing a trade slump. However, with nations giving possibilities and rising consumer demand for bakery items, the industry is likely to rise significantly.

“Producers of calcium propionate would gain significant profits by targeting the food & beverage industry. The bakery industry would also serve as a potential market for calcium propionate across the globe,” says a Future Market Insights analyst.

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Competitive Landscape

Calcium propionate producers are concentrating their efforts on research and development in order to improve the quality of their goods.

Kemin Industries: In 2018, the firm was bought by Agri-Marketing Corp., which is a Canadian corporation, in 2018. The firm was able to expand and open a new facility in Quebec as a result of this takeover.

Bio-Vet Inc: In the year 2019, the firm created a new section devoted to the mining and production of Calcium Propionate.

ADDCON: The firm extended its production facilities in Germany in 2019. This has been done in order to keep up with rising customer demand. The firm also updated its chemical park location and relocated its operations to a new management building in Germany in the same year.

Key Segments Covered in Calcium Propionate Market Analysis

By Form:

  • Dry
  • Liquid

By Application:

  • Bakery
  • Dairy
  • Meat processing
  • Animal feed
  • Beverages
  • Packaged food products
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • 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 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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Animal Feed Ingredients Market Thriving: Forecasts Signal US$ 60.65 Billion Valuation by 2033 | FMI

Animal Feed Ingredients Market
Animal Feed Ingredients Market

The animal feed ingredients market is projected to expand its roots at an average CAGR of 4.0% during the forecast period. The market is likely to hold a revenue of US$ 39.51 billion in 2023 while it is anticipated to cross a value of US$ 60.65 billion by 2033.

Animal feed protein ingredients constitute amino acids that promote hormone and enzyme secretion, necessary for normal body function. The deficiency of these amino acids leads to health issues, declining efficiency, and output in animals and livestock. There is an increased awareness about the benefits of high-quality feed ingredients among cattle farmers.

Augmenting demand for proper feed in cattle, poultry, swine, and aquaculture segments is driving the animal feed ingredients market. For animal productivity and ranch profitability, it is crucial to feed adequate protein and proper food ingredients to animals. The urgent need to differentiate products based on superior quality grades, regulated by the robust product quality and safety measures is propelling the growth of the feed ingredient market.

The animal feed ingredient business is trending over the advent of plant-based protein that delivers high nutritional value to the animals for better performance. The different types of feed ingredients are helping the end users while launching these products at an affordable price is also increasing the competition among the key players.

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Key Takeaways from Market Study

  • The poultry livestock feed ingredients segment cut across USD 80 billion in the year 2020. The chickens have dominated the poultry animal feed ingredients market.
  • Broilers have a huge requirement of dietary protein sources, driving the animal feed protein ingredients market for enhancement of broiler performances and ranch profitability.
  • The animal feed protein ingredients market from oilseed meals (plant-based animal protein feed) was about USD 125 billion in 2020 and is expected to witness significant gains over the forecast period.
  • Soybean meals may witness strong gains in animal feed ingredients. Around 70% of the total soybean animal feed ingredients are employed in livestock feeding. The amino acid profile of a soybean meal is on par with a fish meal and hence is an effective substitute with high protein.
  • Global meat consumption has increased by ~60% in the last 20 years, propelling the overall demand for animal feed.
  • North America followed by Europe currently holds the majority of share in the consumption as well as production of animal feed ingredients, thanks to the presence of major cattle farms in the region.
  • In the Asia-Pacific region, the animal feed ingredients market is anticipated to expand and is poised to surpass USD 90 billion by 2027 owing to high investments in livestock farming assisted by government subsidies, price support, and schemes.
  • The growth in the production of poultry products in India, Brazil, Taiwan, and Vietnam, is due to the transformation of poultry production and livestock farming from a backyard activity into a major commercial activity in the recent past.
  • The outbreak of diseases in animal wet markets, increasing cases of zoonotic and food-borne diseases is expected to fuel the demand for feed ingredients over the forecast period.

“Manufacturers of animal feed ingredients would gain significantly by having strategic alliances with corporations and governments. The poultry and aquafeed realms would serve as a potential market for animal feed ingredients in the forecast period, which is attributable to the growing demand for seafood, aquaculture, fish oil supplements, and poultry protein sources across the globe,” says a Future Market Insights analyst.

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Competitive Landscape

The animal feed protein ingredients industry is competitive with major players such as Dupont, DSM, Burcon Nutrascience Corporation, Mosaic Co., Alltech, Hamlet Proteins, CropEnergies AG, Imcopa Food Ingredients B.V, CHS, BRF, Catalysta, Titan Biotech, GRF Ingredients, Green Labs LLC., Sojaprotein, Evershining Ingredients Company, Sojaprotein, CJ Cheiljedang Corporation, Grain Millers, and Cargill among others.

Key Segments Covered

Product Type:

  • Compound feed
  • Fodder
  • Forage
  • Oilseed meals
  • Animal-by-product meals

Source:

  • Animal-based Protein
  • Plant-based Protein

Application:

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Other Animals (Pet Animals, Birds, and Reptiles)
  • Research and biotech
  • Biocatalysts

Key Regions Covered:

  • North America
    • The United States
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • The United Kingdom
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Japan
  • Asia Pacific Excluding Japan
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of Asia Pacific Excluding Japan (APEJ)
  • Middle East and Africa
    • GCC Countries
    • Israel
    • South Africa
    • The Middle East and Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Pulse Ingredients Market Positioned for Progress: Predictions Point to USD 27 Billion by 2032 | FMI

Pulse Ingredient Market
Pulse Ingredients Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the pulse ingredient market is estimated to reach a value of USD 19 Bn by 2032, surging at 4.5% CAGR through the decade.

Because of the rising demand for natural ingredients and clean-labeled food products, the Pulse Ingredients Market is expanding. Consumers are shifting their diets to include more natural and organic ingredients because pulse ingredients are high in vitamins and minerals.

The main drivers of market expansion are the rising demand for products that are plant-based and gluten-free as well as the rising popularity of foods that are high in protein. A change in people’s lifestyles towards protein-based food along with an increase in disposable income is anticipated to accelerate the global development of the pulse ingredients market.

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Key Takeaways from Market Study

  • India’s economy is still in its early stages. The country has an abundance of raw material for pulse ingredients, which is primarily used by pulse ingredient manufacturers.
  • For the forecast period of 2022-2032, the pulse ingredient market in Japan is expected to grow at a CAGR of 3%.
  • Australia is the third-largest producer and exporter of faba bean, a pulse ingredient. Aside from that, the country is the seventh largest producer and exporter of field peas.
  • The United States of America is a developing market for pulse ingredients, with the largest share expected during the forecast years.
  • China is regarded as a major contributor to total pulse production. It is expected to reach a market size of USD 5.2 billion by 2032, with a CAGR of 7.1% from 2022 to 2032.

“The increasing demand for plant-based and gluten-free products, as well as the growing acceptance of protein-rich food products, are the primary factors driving market growth. Increasing disposable income, combined with a shift in people’s lifestyles, is expected to drive the overall market development of the Pulse Ingredients Market between 2022 and 2032,” says a Future Market Insights analyst.

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Competitive Landscape

As a result of current trends, some key market players are focusing on various expansion strategies in order to sustain future growth. Product innovation, acquisition, collaboration, and expansion will remain popular strategies for market participants looking for a competitive advantage.

Among the prominent players and regional players in the global pulse ingredients market are Ingredion Incorporated, Roquette Frères S.A., Emsland-Starke GmbH, The Scoular Company, AGT Food and Ingredients Inc., Cosucra Groupe Warcoing S.A., Vestkorn Milling A.S., and Dakota Dry Bean, Inc.

Explore More Valuable Insights

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

The study offers compelling insights based on form (Hard, Soft) type (Spreadable, All-Purpose, Butter Blend) application (Bakery, Confectionery, Sauces, Dairy and Ice-cream, Spreads & Toppings, Others (Ready to Eat Meals, Baby Food, and Snacks)) region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Almond Ingredients Market Flourishing: Anticipating Growth to US$ 22.1 billion by 2033 | FMI

Almond Ingredients Market
Almond Ingredients Market

The market for almond ingredients was projected to reach close to US$ 9 billion in 2022. The demand for almond ingredients is rising as more people adopt healthy lifestyles and search for organic suppliers. By 2033, it’s expected to have generated US$ 22.1 billion, with a CAGR of 9.3% from 2023 to 2033.

Almond ingredients are in high demand across the world due to their vast range of applications. Almonds have been widely used in cereals, baked goods, and snacks in recent times. Almond ingredients are becoming more and more well-liked among customers due to their numerous health advantages. Almond satisfies the various criteria for tastes and flavors admirably, which motivates producers to include almond components in their goods. Commercial almond components can be found in spreads, yogurt, gluten-free baked goods, and drinks.

The rising health consciousness among consumers, increasing awareness about lipid transfer proteins in almond ingredients, surging demand for almond and indehiscent fruit snack bars, and increasing investment by key players in the development of high-quality ingredients are some of the factors that are expected to drive the almond ingredients market growth between 2023 and 2033.

The rising number of almond-based product launches in the food and beverage industry by several key players is pushing the growth of the nut-based products market. The demand for almond ingredients is expected to surge at a rapid pace owing to the rising consumer preference for gluten-free products, such as almond flour and plant-based ingredients.

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Key Takeaways from the Market Study

  • The overall market size for almond ingredients worldwide increased to US$ 9000 million in 2022.
  • The market for almond ingredients expanded at a CAGR of 11.2% from 2018 to 1022.
  • From 2023 to 2033, the bars segment is anticipated to expand at a CAGR of 8.2%.
  • In 2022, the snacks market share was greater than 50%.
  • The market for almond ingredients in China is anticipated to expand at a strong CAGR of 11.2% between 2023 and 2033.
  • In 2022, a 7.2% market share for the German market was predicted.

“Almond components provide customers a high level of nutritional value. Almonds are adaptable and healthful components that are incorporated into all sorts of culinary applications due to their high mineral and vitamin content. The consumer’s adoption of a healthy lifestyle and search for sources of wholesome food is further boosting the market for almond ingredients worldwide.”  remarks an FMI analyst.

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Competitive Landscape

The majority of the major competitors in the worldwide industry are concentrating more and more on acquisitions and mergers in order to broaden their product lines. Some of the other firms plan to invest in novel product development and production capacity expansion to meet the growing global demand for almond ingredients.

Prominent players in the almond ingredients market  are ADM, Olam International Limited, Barry Callebaut,  Blue Diamond Growers, John B. Sanfilippo & Son, Kanegrade, Borges Agricultural & Industrial Nuts, Savencia SA, The Wonderful Company, Harris Woolf California Almonds, Treehouse California Almonds, Döhler GmbH, Royal Nut Company, Repute Foods Pvt. Ltd, Deep Nuts N Flavors LLP, Shivam Cashew Industry, Modern Ingredients, ConnOils LLC, Valley Harvest Nut Company, and ETChem.

Some key developments of the leading companies in this market are:

  • The world’s largest producer of premium cocoa and chocolate products, Barry Callebaut Group, and Maersk have formed a long-term agreement to construct and run a new Built-To-Suit cocoa bean warehouse and dispatching plant in Malaysia. In 2023, a groundbreaking ceremony for this special facility took place in Pasir Gudang, Malaysia.
  • The construction of the processing factory by the Blue Diamond growers is scheduled to begin in California in 2021. The development of several product lines and the international marketing of the new almond products are both made possible by this ground-breaking expansion. Blue Diamond is dedicated to provide the healthiest almond products and support internationally with this market progress.

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More Valuable Insights Available

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

To understand opportunities in the almond ingredients market, the market is segmented on the basis of type (whole almonds, almond pieces, almond flour, almond paste, and almond milk), application (snacks, bars, bakery, confectionery, milk substitutes & ice creams, nut & seed butters, RTE cereals),  and across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and 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.
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T: +1-845-579-5705
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Pet Food Processing Market Set for Surge: Forecasts Suggest US$ 9,112.7 million by 2034 | FMI

Pet Food Processing Market

The Pet Food Processing Marketis expected to be valued at US$ 6,684.4 million in 2024. In contrast, the 2023 value was marked at US$ 6,348.0 million. The market is expected to progress at a modest rate over the forecast period, with a CAGR of 4.0%. By 2034, the value of the market is forecasted to have inflated to US$ 9,112.7 million.

The need for pet food processing is growing along with rising adoption rates of pets and the subsequent demand for pet food. A growing number of pet owners are becoming knowledgeable about the benefits of specialized pet food and thus the demand is being churned for pet food processing. Further, the variety of pet food desired by pet owners is being fulfilled by pet food processing.

With rising pet adoption worldwide, markets related to pet food, including pet food processing, are set to be bolstered. With pet food acquiring new dimensions due to the inclusion of added flavors and non-meat ingredients, pet food processing is set to play a key role in ensuring there is enough diversity in pet food available. The market value for pet food processing is expected to reach US$ 9,112.7 million by 2034.

 “The trend among pet owners is to treat the pet as a member of the family. Thus, the focus of pet owners is not just on nutrient-rich essential food. Pet owners are also buying bite-sized treats in the form of kibbles or biscuits for their pets. The manufacturing of pet treats represents a significant opportunity for pet food processing,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

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Key Takeaways from the Pet Food Processing Market

  • The pet food processing market is anticipated to be US$ 6,684.4 million in value in 2024.
  • Dry food is the most manufactured form in pet food processing. For 2024, dry pet food is expected to contribute to 65% of the market share.
  • Pet food processing predominantly produces dog food. Dog food is anticipated to account for 45% of the market share.
  • Japan is one of the most promising countries in the market. The CAGR for Japan over the forecast period is anticipated to be 6.0%.
  • China is another Asian country where significant growth is predicted. For the 2024 to 2034 period, the CAGR for China is pegged at 5.0%.
  • The market is expected to register a CAGR of 5.6% in Germany over the forecast period.

Competition Analysis of the Pet Food Processing Market

Improvement in processing facilities by establishing new plants or making improvements to existing ones is a key concern for many market players. Start-up culture is evident in the market. Many small-scale companies are being taken over by multinational giants, while others are looking for investments.

Following are the prominent companies in the market:

  • Buhler Holding AG
  • GEA Group
  • The Middleby Corporation
  • Andritz Group
  • Selo
  • Baker Perkins Ltd.
  • Purina

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Recent Developments in the Pet Food Processing Market

  • In December 2023, Nugape Pet Food was the recipient of a certificate from the International Featured Standards (IFS) highlighting the company’s commitment to safety and sustainability.
  • In November 2023, Bioriginal Food & Science Corp. acquired Softgel Co.
  • In August 2023, Chinese market player Gambol Pet Group raised funding to the tune of US$ 219.7 million after going public.

Key Segments

By Product Type:

  • Mixing & Blending Equipment
  • Forming Equipment
  • Baking & Drying Equipment
  • Cooling Equipment
  • Others

By Form:

  • Wet Food
  • Dry Food

By Application:

  • Dog Food
  • Cat Food
  • Fish Food

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Food Grade Gases Market Gaining Traction: Projections Forecast US$ 14.2 Billion Valuation by 2034 | FMI

Food Grade Gas Market
Food Grade Gas Market

The food grade gas market is estimated to be valued at US$ 7.8 billion in 2024 and is projected to capture a CAGR of 7.0% during the forecast period. The global food grade gas industry analysis reports further predict the overall valuation to reach US$ 14.2 billion by 2034.

The newly released data from Future Market Insights shows the exponential growth of the food grade gases market over the projection period. Within the food & beverage industry, gases are also utilized across the entire value chain, from production and packaging to storage and transportation.

The growth of the market is attributed to the surging human population that has led to a desire for increased food production across several industries like vegetable & Fruits, animal, aquaculture, and food processing.

Food Grade Gas Market Trends and Analysis

  • In the food and beverage business, gases are utilized across the entire value chain, from production and packaging to storage and transportation.
  • Food-grade industrial gases market size is getting boosted by the increased usage of modified air packaging (MAP) solutions.
  • Food-grade gases used in cryogenic freezing and modified environment packaging have become critical for ongoing technical improvements in food processing industries.

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Key Takeaways

The production of beverages necessitates the use of food-grade gases as it protects wine from microorganisms and oxidation. These gases are crucial for the manufacture of wine. It is added as a dissolvent, as an antioxidant to inhibit polyphenol oxidases (laccase and tyrosinase), and to stop the growth of microbes that aren’t wanted.

In addition to its major use in wine science, SO2 is also found in meats, dried fruits, candied fruits, fermented beverages, beer, and jellies. Food products that are natural, healthful, convenient, and sustainable are becoming more and more in demand from consumers.

Prominent food and beverage producers have been compelled to create new, cutting-edge goods as a result. These factors are expected to bolster growth in the food grade gases market.

The attractive marketing methods used by food and beverage producers incorporate new products including a variety of line extensions, new packaging, and the latest formulas. The requirement for packaging and storage of new products grows as they are introduced more frequently. Manufacturers will have a sizable window of opportunity with the usage of food-grade gases.

Food-grade gases are widely utilized to extend the shelf life of cheeses and pasta without the use of synthetic chemicals and to maintain the freshness of packed food, particularly organic fruits, vegetables, and meat products. The rising demand for packed and convenience food in all is driving the food grade gases market.

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Competitive Landscape

In order to guarantee system compatibility and secure transit, manufacturers are ensuring food-grade gases are controlled and they are easily accessible at the specific point of application. Attributing to this reason, a variety of storage containers are being utilized including glass bottles, cryogenic cylinders, gas cylinders, and bulk containers.

Safe and effective handling of the stored gases is crucial for all storage containers as for manufacturers of food-grade gases, preventing environmental and safety issues from these gases is a significant task.

Recent Developments in the Global Food Grade Gas Market

  • In July 2020, Linde and CNOOC Energy Technology & Services inked a MoU to advance the hydrogen energy sector in China collaboratively. The two businesses have plans to investigate the possibility of making investments in producing and filling hydrogen as well as increasing the food grade gas sector.
  • In November 2020, Strandmøllen A/S established Denmark’s first biogas-based CO2 plant near Korskro. A specifically constructed unit was created to capture and recycle all of the CO2 to make it suitable for food processing and packaging industries.

Food Grade Gases Market by Category

By Product type:

  • Carbon Di Oxide
  • Nitrogen
  • Oxygen
  • Sulfur dioxide
  • Others

By Application:

  • Freezing & Chilling
  • Packaging
  • Carbonation
  • Others

By End-Use:

  • Dairy & Frozen Products
  • Fish & Sea Food
  • Meat
  • Beverages
  • Fruit & Vegetables
  • Bakery & Confectionery
  • Others

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Extruded Snacks Market in the Limelight: Anticipating Growth to US$ 150.4 Billion by 2033 | FMI

Extruded Snacks Market
Extruded Snacks Market

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.

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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.

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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)

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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Food Glazing Agents Market Ready for Rise: Predictions Signal US$ 7,533.2 million by 2034 | FMI

Food Glazing Agent Market
Food Glazing Agent Market

The food glazing agents market size is poised to cross US$ 4,353.1 million in 2024 and is likely to attain a valuation of US$ 7,533.2 million by 2034. The food glazing agent market share is projected to develop at a CAGR of 6% from 2024 to 2034.

The food glazing agents industry is experiencing a boom in demand for clean-label ingredients in response to increased customer demand for transparency and health-conscious options. Glazing agents originating from natural sources are increasingly used by manufacturers, who promote goods with reduced and accessible ingredient lists. This strategy is consistent with an industry trend in which clean and unambiguous labeling has become a differentiating element, appealing to a customer base that values authenticity and considers natural components healthier and more attractive.

Glazing agents are among the food additives that are in more demand as more processed foods hit the market. Convenience food sales have increased due to people’s busy lives and growing preferences for quick and ready-to-eat meals. These items are more popular since edible coatings help to prolong their shelf life and improve their look.

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Incorporating functional ingredients is an apparent trend in the food glazing agents industry, correlating with the more significant consumer shift toward health and well-being. Manufacturers are including health-promoting features by utilizing the multifunctional capabilities of glazing agents. This method improves product attractiveness and portrays glazing agents as contributors to overall health, leveraging on today’s consumer preference for functional foods that provide actual health advantages.

Food technology advancements are transforming every aspect of the food glazing agents market, focusing on producing solutions with better functions. Companies are investing in R&D to create glazing agents with increased heat resistance, stability, and compatibility with various food matrices. This technology-driven strategy improves glazing agents’ performance. It places businesses at the forefront of innovation, allowing them to remain ahead of market competition and satisfy the increasing expectations of both customers and industry standards.

“Thriving in the dynamic food glazing agent market necessitates a nuanced understanding of regional intricacies and an agile approach to industry shifts. The landscape requires more than simply functional solutions; it calls for creativity, sustainability, and the capacity to adapt to different customer preferences and regulatory landscapes quickly.” says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)

Key Takeaways from the Food Glazing Agent Market Report:

  • In 2023, the global market size stood at US$ 4,134 million.
  • The beeswax ingredient type segment occupied 21% of the market shares in 2024.
  • The confectionery application segment captured 26% of the market share in 2024.
  • The market size in the United States is projected to rise at a 5.7% CAGR through 2034.
  • The market in Germany is anticipated to develop at an 8.0% CAGR through 2034.
  • The market in China is estimated to surge at a 4.3% CAGR through 2034.
  • Australia is expected to thrive at a 12.0% CAGR through 2034.

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Competitive Landscape

A dynamic interaction of innovation, regulatory compliance, and strategic partnerships defines the food glazing market’s competitive environment. The market’s key competitors always compete to distinguish their offers, resulting in a vibrant environment characterized by a mix of established industry giants and nimble, niche-specific businesses.

Recent Developments Observed by FMI:

  • In December 2023, top performance nutrition firm Dymatize launched an extraordinary new product that blends the famed flavor of Dunkin’s Glazed Donut with the brand’s award-winning, scientifically validated hydrolyzed whey protein isolate.
  • In November 2023, Flagstone Foods, one of North America’s top producers and distributors of private-label snack nuts, added two new items to its small-batch kettle glazed nut collection: Cinnamon Churro Peanuts and Salted Caramel Macadamia Nuts. These flavor extensions were displayed at the 2023 Private Label Trade Show in Chicago, hosted by the Private Label Manufacturers Association.

Key Players in the Food Glazing Agent Market

  • Mantrose-Haeuser Co., Inc.
  • Capol GmbH
  • Strahl & Pitsch, Inc.
  • British Wax Refining Company Limited
  • Kerry Group
  • Masterol Foods Pty Ltd
  • ADM Corn Processing
  • DuPont de Nemours, Inc.
  • Wuhu Deli Foods Co., Ltd.
  • Ningbo J&S Botanics Inc.
  • Arla Foods Ingredients Group P/S
  • Macphie of Glenbervie Ltd.
  • Mantrose UK Ltd.
  • Poth Hille & Co Ltd.
  • Ningbo J&S Botanics Inc.
  • Zeelandia International B.V.
  • Flo Chemical Corporation
  • Ningbo Wanglong Technology Co., Ltd.
  • AVATAR CORPORATION

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Food Glazing Agent Market Segmentation

By Ingredient Type:

  • Stearic Acid
  • Beeswax
  • Carnauba Wax
  • Candelilla Wax
  • Shellac
  • Paraffin Wax
  • Others (Montan and Lanolin Wax)

By Application:

  • Bakery
  • Confectionery
  • Processed Meat
  • Poultry & Fish
  • Fruits & Vegetables
  • Functional Foods
  • Others (Dairy Products & Convenience Foods)

By Ingredient Function:

  • Coating Agents
  • Surface Finishing Agents
  • Firming Agents
  • Film Agents
  • Others (Binding Agents and Stabilizing Agents)

By Region:

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

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