Market Research Blog – Page 3634 – New Product Development

Warehouse Robotics Market Set to Soar, Expected to Reach US$ 5.61 Billion by 2034 with 13.8% CAGR Growth

The warehouse robotics market is anticipated to witness substantial growth, transitioning from US$ 1,540.57 million in 2024 to US$ 5,609.75 million by 2034. Over the period from 2024 to 2034, the demand for warehouse robotics is expected to advance at a Compound Annual Growth Rate (CAGR) of 13.8%.

This expansion is primarily driven by the escalating demand for consumables and perishable goods, particularly prominent in sectors such as electronics, automotive, and e-commerce. These industries have experienced remarkable growth, resulting in an increased need for efficient and timely warehousing solutions. Amidst this evolving landscape, the warehouse robotics market emerges as a pivotal player, facilitating advanced goods storage, handling, and delivery processes.

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Shifting demographics and widespread internet accessibility have led to an increased demand for goods through online sales channels. This surge in demand has fueled the construction of new e-commerce warehouses on a global scale, presenting numerous opportunities for automation solutions. The industrial robotics sector accounted for approximately 3% to 5% of the global market in 2022.

The industrial robotics market witnessed significant growth in 2021, and this upward trend is expected to persist throughout the projected period. According to the International Federation of Robotics, the annual installation of industrial robots surged from 394,000 units in 2020 to 517,000 units in 2021, indicating a remarkable growth of around 30%.

Within the Asia Pacific region, China, Japan, South Korea, and the Association of Southeast Asian States remain the leading markets for industrial robot sales. With the increasing adoption of robots across various industries, there is a promising potential for robots to play a profitable role in warehouse tasks.

Competitive Landscape: Warehouse Robotics Market

To enhance efficiency, numerous established companies and emerging robot startups are focusing on innovative and cutting-edge warehouse solutions. Well-established players are pursuing strategies involving acquisitions.

These companies are also working on developing new and integrated robotic solutions to meet the evolving needs of end-users. Launching new warehouse projects, especially in developing nations, is a priority for many businesses, driven by the rising demand for third-party logistics.

For example,

In February 2022, Hai Robotics announced its collaboration with the world’s largest sportswear company, Anta, for a new autonomous warehouse project. Hai Robotics, with its involvement in projects like the Anta collaboration, is gaining recognition as a leading supplier in the industry, particularly in the apparel and footwear market. This success is attributed to its active participation in multiple projects.

Key Players in the industry:

ABB Ltd.
Addverb Technologies
Daifuku
FANUC Corporation
Geekplus Technology
Hikrobot
IAM Robotics
InVia Robotics Inc.
JBT
KION Group AG, among others

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Warehouse Robotics Market Outlook by Category:

By Product Type:

Autonomous Mobile Robots
Automated Guided Vehicle
Articulated Robots
Cylindrical and SCARA Robots
Collaborative Robots
Others

By Function:

Picking & Placing
Palletizing & De-Palletizing
Transportation
Packing

By Payload Capacity:

Below 100 Kg
100 to 200 Kg
200 to 300 Kg
300 to 400 Kg
400 to 600 Kg
600 to 900 Kg
900 to 1200 Kg
Above 1200 Kg

By End-use Industry:

Food & Beverage
Electronics & Electrical
Metal & Machinery
Automotive
Pharmaceuticals
Independent Warehouse
- Cold Storage
- Dry Storage
E-commerce
Chemical, Rubber and Plastics
Others

By Region:

North America
Latin America
East Asia
South Asia Pacific
Western Europe
Eastern Europe
Central Asia
Russia & Belarus
Balkan & Baltic Countries
Middle East & Africa

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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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Global Air Filters Market Positioned for Impressive Expansion, Targets US$ 30.33 Billion by 2033 with Strong 6.26% CAGR

The global air filters market is poised for significant growth, aiming to achieve a valuation of US$ 30.33 billion by 2033, representing a notable increase from its 2023 valuation of US$ 16.53 billion. This remarkable trajectory is driven by a robust Compound Annual Growth Rate (CAGR) of 6.26%, highlighting the persistent demand for efficient air filtration solutions.

The once underappreciated role of air filters has undergone a profound transformation, emerging as an indispensable component essential for daily life. Quietly enhancing overall well-being, these filters play a pivotal role in elevating indoor air quality, thereby mitigating health risks associated with air pollution. This evolution holds heightened significance amidst escalating urbanization and industrial activities, emphasizing the challenges of maintaining air quality both indoors and outdoors.

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The Role of Air Purifiers in Commercial Settings and Overcoming Challenges:

Air purifiers are used in schools, malls, conference centers, workplaces, hospitals, hotels, theaters, and other commercial settings such as recreation centers and amusement parks.

Rising urban air pollution levels pose challenges for local governments. As more than 70% of the millennial population works indoors, an increase in cases of fine dust and infectious disease has been noticed.

This growth is due to increasing pollution levels and rising demand for air filters in residential and commercial areas, with further expansion expected as public awareness of the health risks associated with air pollution increases.

However, technological limitations to the air filters combined with low awareness among the population may act as a barrier to market expansion. Nevertheless, rigorous research and development activities with constant support from regulatory authorities are more likely to liquidate these challenges.

Key Takeaways:

Dust collectors are gaining ground and are anticipated to account for more than 28% of revenue in 2022 due to their ability to control air quality.
MIS collectors, baghouse filters, and cartridge filters are expected to support market expansion in addition to having a sizable air filter market share.
In 2022, the commercial segment took control of the sector, accounting for 57.0% of global revenue.
The North American air filter market is expected to be worth US$ 9.63 billion by 2033, at a CAGR of 6.3% during the forecast period.
The European market is expected to record a consistent revenue CAGR of 6.4%.
FMI predicts that the India air filter market is likely to record a CAGR of 11.97% during the forecast period and is likely to reach a market valuation of US$ 1,966.71 million by 2033.

Competitive Landscape:

Prominent key players are focusing on acquiring mid-sized companies to expand their global presence. For example, Daikin Industries, Ltd. subsidiaries AAF and Nippon Muki Co. Ltd. are focusing on developing product portfolios for applications in engineering fields, factories, and buildings, among others. Furthermore, market participants are focused on producing effective filters at low manufacturing costs.

Recent Developments:

PURAFIL, INC. installed ‘PuraShield Smart 1000 portable filtration systems’ in September 2020 to improve indoor air hygiene at Northwestern University Athletics & Recreation. It is a multi-stage original filtration solution that removes nearly 99.99% of aerosols from the air, including bacteria and viruses.
MANN+HUMMEL and its subsidiary Tri-Dim Filter Corporation began supplying HEPA Filters in Ford respirators in April 2020. Germs, microbiological contamination, and viruses are reliably removed from the supply air by these H13 HEPA Filters.

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Key Players:

3M Company
Parker Hannifin Corporation
MANN+HUMMEL Holding GmbH
Donaldson Company, Inc.
Ahlstrom-Munksjö Oyj
Freudenberg Filtration Technologies SE & Co. KG
Camfil AB
Clarcor Inc.
Cummins Inc.
American Air Filter Company, Inc.

Key Segments Covered in the Market Report:

By Type:

Cartridge filters
Dust collector
HEPA filters
Baghouse filters
Others (Mist filters)

By End User:

Residential
Commercial
Industrial

By Region:

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

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Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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Global Aseptic Processing Market Set to Surge, Targeting US$ 158,571 Million by 2033 with a Strong 6.7% CAGR

The aseptic processing market is on track to achieve a remarkable valuation of US$ 158,571 million by 2033. Beginning its journey towards exponential growth in 2023, the market is poised to surpass a significant milestone, reaching US$ 83,124 million. This impressive surge is underpinned by a robust Compound Annual Growth Rate (CAGR) of approximately 6.7% from 2023 to 2033.

At the heart of this narrative of success lies the aseptic processing facility—a pivotal element ensuring the quality and longevity of a diverse array of products. These specialized facilities serve as guardians of impeccable hygiene and product integrity, meticulously engineered to maintain environments with the utmost cleanliness standards. Within these controlled settings, air quality and equipment conditions are closely monitored to eliminate any potential sources of microbial contamination. The term ‘aseptic’ emphasizes an environment entirely devoid of harmful microorganisms, reflecting an unwavering commitment to preserving product purity and safety.

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Global Aseptic Processing Market: Driving Forces and Growth Prospects

The global aseptic processing market is experiencing robust growth, driven by the expanding food and beverage sector’s demand for dairy products and ready-to-drink beverages worldwide.

Urbanization, increasing disposable income, and the rise of new economies are key factors contributing to the anticipated growth of the global aseptic processing market during the forecast period.

The pharmaceutical industry’s rapid growth, particularly in innovative biotechnology-based injectable pharmaceuticals, is creating opportunities for the aseptic processing hardware market. Technological advancements in sterile pharmaceutical production further boost the demand for aseptic processing equipment.

Key Insights:

The Bottles & Cans market is expected to achieve a 4.2% CAGR globally, with significant contributions from the United States, Canada, Japan, China, and Europe.
The combined market size of these regions is projected to increase from US$ 5.9 billion in 2022 to around US$ 7.9 billion by the forecast period’s end.
China’s market is poised for rapid expansion, maintaining its status as one of the fastest-growing economies.
Asia-Pacific, driven by countries like Australia, India, and South Korea, is forecasted to reach a market size of US$ 15.1 billion by 2033.
Latin America is projected to grow at a 5.6% CAGR from 2018 to 2033. Competitive Landscape

The aseptic processing industry is marked by strong competition among key players. In 2023, a select group of companies is expected to dominate aseptic processing sales, focusing on expanding their global customer base.

Strategic collaborations and acquisitions of aseptic processing startups are being pursued to enhance research and development capabilities and increase profits.

Key Players Profiled:

Schott AG
Robert Bosch GmbH
Du Pont De Nemours and Company
Tetra Laval International S.A
SPX FLOW, Inc.
IMA S.p.A
Mondi Group
SIG Combibloc Group AG
Amcor Limited
GEA Group
Elopak ASA
Greatview Aseptic Packaging Co.
JBT Corporation
Sealed Air Corporation

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Recent Developments:

Tetra Pak partnered with worker platform provider Poka in October 2021 to empower factory workers with knowledge to accelerate waste reduction in the food production industry.

Saputo, Inc. acquired Carolina Aseptic and Carolina Dairy in September 2021 to meet the rising demand for aseptic dairy-based nutritional products.

Nestle collaborated with SIG in May 2020 to explore environmentally friendly packaging alternatives, aligning with Nestle’s commitment to reducing plastic waste. This initiative received funding from industry partners for sustainable packaging materials research.

Key Segments in the Aseptic Processing Market:

By Type:

Processing
Packaging

By Application:

Food & Beverages
Industrial

By Material:

Paper & Paperboard
Plastics
Metal
Glass

Region:

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

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Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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Nandini Singh Sawlani

United Kingdom Photovoltaic Mounting System Market Poised for Remarkable Growth, Expected to Reach US$ 1,643.8 Million by 2033, Propelled by Strong 8.4% CAGR

The United Kingdom photovoltaic mounting system market has demonstrated significant growth, reaching a valuation of US$ 678.0 million in 2022. Projections indicate a robust compound annual growth rate (CAGR) of 8.4% from 2023 to 2033, with the market anticipated to soar to US$ 1,643.8 million by 2033. This trajectory reflects the nation’s steadfast dedication to sustainable energy solutions.

In this thriving market, ground-mounted PV systems take center stage, with forecasts suggesting they will contribute over 40% of the market’s value share in 2023. This trend highlights the widespread adoption of ground-mounted systems, showcasing their effectiveness and efficiency in harnessing solar power across the United Kingdom.

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Key Insights from the Study on the United Kingdom Photovoltaic Mounting System Market:

The photovoltaic mounting system sector in the United Kingdom is poised to experience robust growth, projected at an impressive 8.4% CAGR until 2033.
Anticipated to surpass US$ 1,643.8 million by 2033, the market’s value in the United Kingdom is on a significant upward trajectory.
Segmented by product type, the ground mounted photovoltaic system is expected to dominate, capturing approximately 59% of the market share throughout the projected period.
In terms of sales channels, the B2C segment is predicted to hold a substantial share, accounting for over 37% of the United Kingdom’s market.
Across end-use categories, the residential segment is set to thrive with a noteworthy 9.3% CAGR over the coming decade.

Expanding Opportunities in the United Kingdom Photovoltaic Mounting System Market:

In recent times, the United Kingdom has emerged as a highly promising market for manufacturers of photovoltaic mounting systems. This growing trend can be attributed to the increasing embrace of renewable energy sources and the presence of favorable government initiatives.

Government-driven programs, such as the Feed-In Tariff (FIT) scheme, have significantly contributed to this positive momentum. The FIT scheme offers attractive financial incentives to both homeowners and businesses for adopting renewable energy systems, including photovoltaic mounting solutions.

Playing a pivotal role in advancing renewable energy utilization, the Renewable Energy Association (REA) is actively promoting the adoption of such technologies across the United Kingdom.

The synergy between government incentives and the proactive efforts of industry bodies like the REA is set to fuel the continued adoption of photovoltaic systems throughout the United Kingdom. This collective drive will further facilitate the expansion of the United Kingdom’s photovoltaic mounting system market.

Moreover, the ongoing innovation in photovoltaic mounting systems is expected to inject fresh momentum into the market’s growth trajectory, projecting positive outcomes well into 2033.

Competitive Landscape:

Leading manufacturers and providers of photovoltaic mounting systems include Unirac Inc., Schletter Inc., SunPower Corporation, Mounting Systems GmbH, and Renusol GmbH.

These companies offer a wide range of PV mounting systems, including rooftop, ground-mounted, and floating systems, and are continuously innovating their products to stay ahead in the market.

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United Kingdom Photovoltaic Mounting System Market Segmentation:

By Product Type:

Rooftop
Ground Mounted
Carport Mounting Structure

By Sales Channel:

Business to business(B2B)
Business to Customer(B2C)

By Material Type:

Aluminum
Steel
Others

By Technology:

Fixed
Tracking

By End Use:

Residential
Commercial
- Offices
- Recreational Areas
- Educational Institution
- Hospitality
- Healthcare Facilities
- Others
Industrial
Municipal and Government Facilities
Others

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Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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Human Milk Oligosaccharides Market Projected to Witness Robust 22.7% CAGR by 2032: Analysis of Growth Drivers, Applications, and Future Trends

The human milk oligosaccharides market is anticipated to expand at a CAGR of 22.7% during the anticipated time frame. According to projections, the market would be worth US$ 1,539.21 Million by 2032, up from US$ 199.0 Million in 2022.

Human milk oligosaccharides (HMOs) are gaining popularity as people become more aware of their health benefits. Breast milk contains complex carbohydrates that are necessary for the immune system and digestive function of a baby. Increased research, technological advancements, and growing demand for functional additives are propelling the sector forward.

According to the World Health Organisation, the global population will increase by one billion people over the next ten years, reaching 9.5 billion by 2050. In actuality, supply greatly outstrips demand for baby feeding items. Meanwhile, infant formula sales are expanding in some Asian countries, including China and India, supporting the use of HMOs. According to Future Market Insights, the global human milk oligosaccharides market will reach US$ 76 million by 2022, increasing at a 22.7% CAGR between 2022 and 2032. This growth will be primarily driven by the increasing usage of HMO in infant nutrition products.

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The European human milk oligosaccharides market is predicted to grow significantly in 2017 and beyond. Europe is predicted to account for more than 49% of the global market in terms of value by the end of 2027. In Europe, manufacturers are requesting for regulatory permits and product safety certificates to utilise HMO in the formulation of baby formulas. The North American HMO market is currently valued at approximately US$ 6 Mn, ranking second only to Europe in terms of market size.

FMI’s report, titled “Human Milk Oligosaccharides Market Global Industry Analysis and Opportunity Assessment, 2017 – 2027” also cites that demand for HMO is gaining traction due to a positive perception of its prebiotic properties that help maintain a healthy immune system in infants. In addition, manufacturers are focusing on increasing their production capacities in order to enhance production of HMOs such as 2’-FL (2-fucosyllactose) that can be potentially used as an ingredient in functional food and beverages. zuChem Inc., Glycosyn LLC, Elicityl SA, Jennewein Biotechnologie GmbH, Glycom A/S, Dextra Laboratories Limited, Carbosynth Limited, Inbiose NV, ProZyme, Inc. are the leading companies operating in the global human milk oligosaccharides market.

Key Excerpts of the Report Include:

Among product type, fucosyllactose HMO currently accounts for the largest value share of the market followed by sialyllactose HMO. However, the latter is expected to register a faster growth rate in terms of the market value over the forecast period.
By 2017-end, US$ 5.5 Mn worth sialyllactose HMO is expected to be consumed globally.
Increasing demand for functional food and beverage products is projected to further facilitate the growth of global human milk oligosaccharides market over the next couple of years.

Market Segmentation

By Product Type

Fucosyllactose
LNT & LNnT
Sialyllactose

By Region

North America
Europe
Asia Pacific

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Frequently Asked Questions

How big is the Human Milk Oligosaccharides Market?
At What Rate is Human Milk Oligosaccharides Market expected to rise?
What is the North America, Human Milk Oligosaccharides Market Outlook?
Which are the major countries driving demand for Human Milk Oligosaccharides Market?
At what rate will the China Human Milk Oligosaccharides Market grow?
At what rate will the Germany Human Milk Oligosaccharides Market grow?
At What Rate will, Human Milk Oligosaccharides Market Demand Grow in Europe?
Who are the top 5 players operating in the market?
At what rate will the Mexico Human Milk Oligosaccharides Market grow?
What is the outlook forecast for the Human Milk Oligosaccharides Market?

Human Milk Oligosaccharides Market by Category

By Product Type, Human Milk Oligosaccharides Market is Segmented as:

Fucosyllactose
LNT & LNnT
Sialyllactose

By Region Human Milk Oligosaccharides Market is Segmented as:

North America
Europe
Asia Pacific

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Acai Berry Market Reaches US$ 4.27 Billion Valuation by 2034: Insights into Emerging Trends, Health Benefits, and Market Dynamics

The acai berry market is estimated to be worth US$ 1.89 billion in 2024. By 2034, the demand for acai berries is anticipated to reach a value of US$ 4.27 billion. The market is expected to increase at a CAGR of 8.5% through 2034.

The acai berry, a reddish-purple fruit grown on the acai palm tree, is primarily found in Central and South America. It’s a delicious dark berry high in phytonutrients including anthocyanin, a type of antioxidant, and vitamins C and E. According to studies, acai has significantly more antioxidants than popular fruits such as blueberries, oranges, and even red wine.

Because of its potency, this fruit is often referred to as the “Amazon Viagra.” Acai is high in fibre, vitamins B1, B2, B3, vitamin E, vitamin C, calcium, potassium, protein, and the omega-6 and omega-9 fatty acids. It also has a lot of fibre. It contains fibre in addition to the antioxidants listed above. As a result, acai berry market demand may increase.

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Acai Berry Market: Drivers & Restraints

Consumers are shifting their tastes towards nutritious fruits, vegetables, and beverages as the occurrence of health issues rises. As a result, the market for acai berries is expanding rapidly. Consumers are becoming more aware of the numerous advantages of acai berries and are gravitating towards acai berry-based goods. Acai berry fruits have significant antioxidant capabilities that improve overall health and aid in weight loss.

Another key driver for the acai berry market is the expansion of the organic cosmetic business, which is also contributing to the increase in demand for acai berries.

However, there are many threats for the acai berry market in the form of conventional allopathic medicines and chemical based cosmetics. Growth of nutraceutical industry might prove detrimental for the acai berry market.

Acai Berry Market: Segmentation
The acai berry market can be segmented on the basis of application. This can be further segmented into Functional Food and Beverages, Pharmaceuticals, Dietary Supplements, Personal Care/ Cosmetics and Others. The market can also be segmented on the basis of form of availability, viz; pulp, juice and powder.

Acai Berry Market: Region Wise Outlook
Geographically, the acai berrymarket is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA) and Japan. Among all the countries, Brazil and America is leading in terms of volume in the global acai berrymarket followed by Asia Pacific, North America & it is expected that in near future, Asia Pacific is going to lead this market.

Acai Berry Market: Key Players
Some of the key players across the value chain dominating this market are The Berry Company Llc, Phyto Nutraceutical Inc., Jinan Felicity Biotechnology Co., Ltd, and Pharma Nutra USA. These companies are developing market strategies such as mergers and acquisitions, Joint Venture, New product development and Expansion to increase their market share in Global Functional Beverages Market.

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Key Companies in the Acai Berry Market

Sambazon, Inc
Acai Roots, inc.
Acai Frooty
Nativo Acai
Acai Exotic LLC
Jamba Juice Inc
Sunfood
Phyto Nutraceutical’s
Naked Juice Company
The Coca-Cola Company

Key Segments

By Form:

Pulp
Dried

By Application:

Food and Beverage
Nutraceuticals
Cosmetics and Personal Care
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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Guarana Market: Exploring Growth Drivers, Regional Analysis, Product Innovation, and Market Opportunities | Future Market Insights

Future Market Insights delivers key insights on the Guarana market in its upcoming outlook titled “Guarana Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. In terms of value, the global Guarana market is projected to register a healthy CAGR of 7.3% during the forecast period (2016–2026).

This is attributable to a variety of variables, which Future Market Insights elaborates on. Guarana is predicted to generate enormous demand throughout the forecast period due to its health benefits over caffeine, fueling demand for the energy drinks application category in the global Guarana market.

Globally, the urban population outnumbers the rural population. The urban population is more health conscious, which leads to a desire for natural energy drinks and fruit juices. Guarana demand is likely to expand in the near future as consumers’ health worries grow, as does their choice for more nutritious nutritional supplements.

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The rise of organised retail in Brazil has resulted in broad supply of Guarana via an extensive distribution network. These factors are projected to boost Guarana market growth in the near future. The global Guarana market is predicted to grow significantly during the forecast period as the country’s per capita energy drink consumption rises. The health and wellness trend is also projected to assist the global Guarana market and encourage enterprises to innovate throughout the supply chain in order to improve Guarana’s nutritional profile.

The Guarana market is also predicted to expand significantly because to rising global consumer demand for natural and herbal cosmetic products such as Guarana in sensitizers, conditioners, shampoo, and so on. The promotion of dietary supplements by various government organisations and institutions to treat and prevent diseases like as obesity, high blood pressure, and high cholesterol is predicted to stimulate demand for Guarana.

One of the primary constraints is that the price of guarana is expensive, because the majority of guarana is produced in Brazil, where producers have complete control over its prices. As a result, high Guarana prices are likely to stymie the expansion of the Guarana market over the projection period.

Major factors restraining the growth of the global Guarana market include a high volume use of Guarana in beverages, which leaves other industries such as dietary supplements, confectioneries and cosmetics with moderate volumes of Guarana.

Segmentation analysis

Quick absorption effect of Guarana liquid form as compared to powder form is likely to increase the share of liquid product form in the global Guarana market
Powder product form segment is estimated to account for 6% value share by 2016 end
Increasing demand for sweetened and carbonated soft drinks such as cold drinks and other sports drinks for energy enhancement by athletes and sports persons is expected to fuel the growth of the energy drinks segment over the forecast period
The Confectionery products segment is estimated to account for 12.8% value share by 2016 end. Emphasis on health consciousness by consumers has raised the demand for healthier confectionery products, which in turn is expected to boost the growth of this segment over the forecast period

Market segmentation

To understand and assess opportunities in the global Guarana market, we have divided the report into three sections bases on market segmentation as under:

By Application

Confectionery Products
Fruit-juice based drinks
Energy drinks
Dietary supplements
Cosmetics
Others

By Product Form

Liquid
Powder

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & Africa

Regional analysis

On the basis of region, the global Guarana market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. The Latin America Guarana market is projected to grow with the highest CAGR over the forecast period due to a growing production of Guarana in Brazil. North America is anticipated to witness the highest share in the global Guarana market owing to increase in per capita consumption coupled with growing awareness related to the benefits of Guarana.

Vendor insights

The global Guarana market report analyses business performance of top market players. Long-term strategies and other key developments of some of the leading market players operating in the global Guarana market are also analysed.

Key players profiled in the global Guarana market report include Vitaspice, Prover Brasil, Herboflora, Duas Rodas Industrial, Ambev, AR De Sousa Ribeiro, Iris Trade Inc. Some of the local players profiled in the report include The Green Labs LLC, Natural Amazon Herbs Producao De Extratos Ltda, and Nutra Green Biotechnology Co., Ltd.

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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 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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BRIC Organic Baby Food Market Witnesses Impressive CAGR of 16.1% Growth by 2033: Exploring Market Expansion Strategies, Consumer Preferences, and Regulatory Landscape

In 2023, the BRIC organic baby food market is expected to be worth US$ 5.5 billion in revenue. The market is expected to grow at a CAGR of 16.1% to reach US$ 24.5 billion by 2033.

Parents’ worries about the risks of chemical additives in baby food have prompted consumers to look for organic substitutes. Growing interest in clean label trends is anticipated to increase demand for plant-based goods. According to a survey conducted by Future Market Insights (FMI), sales of organic infant foods from BRIC countries are expected to rise in the next years. Through 2021 and beyond, the market is anticipated to expand at a double-digit CAGR.

As parents prioritise providing their children with healthy and natural food options, the BRIC organic baby food market is rapidly expanding. Growing consumer awareness of the benefits of using organic ingredients, as well as increased demand for chemical-free goods, have propelled market growth. Manufacturers are producing unique solutions to meet a wide range of nutritional needs, which is aiding the sector’s growth.

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Organic baby food producers aim for nutrients rich profiles in formulations, in a growing range of flavors and targeted age group demographics. Following the covid-19 pandemic sales through online channels have witnessed an upsurge, which is unlikely to change through 2031.

Major investments by governments towards urbanization and the rapid transition of rural populations to urban centers is creating increased potential for organic baby food sales. Consumer health and environment consciousness will contribute to greater demand for the foreseeable future.

Key Takeaways from BRIC Organic Baby Food Market Report

The demand for milk formula products is expected to witness a consistent rise, enabling the market register an exponential double digit growth rate between 2021 and 2031.
Sales through retail supermarkets will drive revenues in the industry, supported by robust supply chains.
The Chinese and Indian markets for organic baby foods is a key contributor to revenues on the back of large infant populations.
Increasing demand for vegan products will bolster growth in Brazil
Government initiatives undertaken to aid infant health will support growth in India and South Africa.

Brand Positioning in Terms of Health Claims Creates Opportunities

Sales of baby food products are largely reliant on health claims made by brands, with information about the pros and cons of breast feeding clearly stated and available through the internet. Some of the more prominent structural and health claims used by brands include information on digestibility and characteristics associated with immune systems and growth.

Many products also come with recommendations to seek the advice of healthcare professionals prior to feeding baby foods to children below the age of 1 year, which also clearly stating the advantages of breast feeding. Also high levels of concern among parents about obesity, and added sugar and salt are key to labelling practices in the industry. While TV and radio are not given much importance, social media channels are gaining ground for promotional activities.

Warnings and recommendation labels are more common on milk supplement products over the adequate and correct use of these products, especially for toddlers transitioning to solid foods. These trends are expected to have a significant impact on developments within the industry.

Who is Winning?

Leading players in the BRIC organic baby food market include but are not limited to H.J. Heinz Company, Nestle S.A, British Biologicals, Groupe Danone, Bellamy’s Australia Limited, Abbott Laboratories, Campbell Soup Company, Otsuka Holdings Co., Ltd. Major players are seeking to expand production capacities, widen product portfolios and geographical reach in a bid to edge out conventional baby food product manufacturers.

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BRIC Organic Baby Food Market Segmentation by Category

Product Type:

Ready To Feed
Prepared
Milk Formula
Dried
Other Product Types

Distribution Channel:

Chemists/Pharmacies/Drugstores
Internet
Specialty Outlet
Super Market
Other Channels

Region:

India
Brazil
China
Russia

For example, Serenity Kids announced a US$ 3 million investment round in December 2020, aimed towards the expansion of organic baby food portfolio. Nestle, in September 2020, announced plans to expand its infant formula production operations in Russia with an investment of US$ 45.8 million including a full cycle factory in Vologda. In January 2021, Timios, based in India announced the launch of its organic baby porridge product to add to its portfolio of toddler snacks including energy bars, pre-probiotic bites, and melts.

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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Nandini Singh Sawlani

Dehydrated Onions Market Flourishes with a 19% CAGR by 2033: Comprehensive Analysis of Growth Factors, Market Trends, and Competitive Landscape

The Dehydrated Onions Market is on a remarkable growth trajectory, with substantial increases in estimated market value from US$1.1 billion in 2022 to an expected US$1.6 billion in 2023. Looking ahead, the market is projected to reach an impressive US$ 3.6 billion by 2033, reflecting a significant growth rate from 2023 to 2033. This growth is driven by the rising demand for convenient and flavor-enhancing food ingredients, highlighting the market’s promising future.

The growth of fast-food restaurants, hotels, and food processing industries has raised demand for dried onions, which are used as important ingredients in a variety of cuisines. In addition, direct consumption via family recipes will drive market growth at a CAGR of more than 5.1% between 2021 and 2031.

The Dehydrated Onions Market is growing fast due to its several benefits, including increased shelf life, ease of use, and preservation of flavour and nutritional value. Dehydrated onions have a wide range of applications in a variety of culinary preparations, thanks to the rising demand for processed and convenience items that is driving market expansion.

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FMI predicts that the United States, Germany, the United Kingdom, China, and India will dominate the worldwide infant formula market between 2023 and 2033. Across these countries, corporate and public players are stepping up to encourage the use of infant formula to aid in the growth of babies.

The demand for onions is growing as a result of improvements in the technology used to create dehydrated food. The adoption of hoover and air-dried technologies in manufacture and distribution is encouraging for the sector. Additionally, producers of dehydrated onions have noticed opportunities for growth thanks to regulatory licences.

Key Takeaways from the Dehydrated Onions Market Study

The U.S. dehydrated onions market will grow from US$ 319 Mn in 2021 to US$ 478.2 Mn in 2031. This represents an absolute $ opportunity of US$ 159.2 Mn in the forecast period.
Conventional dehydrated onions account for 87% of the market in 2021, supported by lower costs and easier access to required volumes of raw materials.
White dehydrated onions will grow at a CAGR of 4.9% from 2021 to 2031, driven by higher crop and processing yields.
The U.K. will emerge as a leading market in Europe, accounting for more than US$ 44 million in 2021, aided by strong demand from the food processing sector of the country.
GCC countries will remain major contributors to the MEA market with a share of 39.3% in 2021, supported by relatively high export levels.

Robust Supply Chains to Increase Market Penetration

Global supply chains for dehydrated onions are largely mature, with adequate transportation infrastructure available to facilitate product movement. Dehydrated onions have benefited from existing supply methods since they may reach clients directly without barriers. Most dried onions come in specialized packaging, which makes storing and transportation easier.

For dehydrated products, companies are using the similar supply chain and transportation modes that find use in frozen food. With minor modifications in storage units, transportation can be made easy and hurdle-free, which improves the trade of dehydrated vegetables.

Almost all developed countries (excluding the Middle East) have an established supply chain, due to which, they are able to supply products directly to retail stores and customers on time.

Who is Winning?

Leading manufacturers in the moderately fragmented dehydrated onions market are focusing on capacity expansion, investments into strategic geographic expansion and infrastructure developments for product processing applications.

Some of the leading companies offering dehydrated onions are Olam International, Jain Farm Fresh Foods Ltd, Daksh Foods Pvt. Ltd., Jiyan Food Ingredients, Natural Dehydrated Vegetables Pvt. Ltd., Real Dehydrates Pvt. Ltd., Earth Expo Company, Kisan Foods, Harmony House Foods, Inc. Company, Silva International Inc. Company, Green Rootz, BC Foods Inc., Suszarnia Warzyw Jaworski Sp. J., Pardes Dehydration Company, Murtuza Foods Pvt. Ltd., Darshan Foods Pvt. Ltd., Garon Dehydrates Private Limited, Rocky Mountain Spice Company, R. J. Van Drunen & Sons, Inc., German Foods and other.

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Dehydrated Onions Market by Category

By Nature:

Organic
Conventional

By Variety:

White Onion
Red Onion
Pink Onion
Hybrid

By Form:

Chopped
Minced
Granules
Powder
Flakes
Kibbled
Sliced

By End Use:

Food Proccessing
- Dressing & Sauces
- Ready Meals
- Snacks & Savory
- Infant Food
- Soups
- Others
Food Service Providers
Retail/Household

By Technology:

Air Drying
Vaccum Drying
Freeze Drying
Microwave Drying
Spray Drying
Others

By Distribution Channel:

B2B
B2C
- Hyper/Super Markets
- Convenience Stores
- Specialty Stores
- Traditional Grocery Retailers
- Online Retailers

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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Nandini Singh Sawlani

Potato Flakes Market Soars to US$ 11,824.1 Million by 2032: Unveiling Growth Catalysts, Market Dynamics, and Future Projections

The Potato Flakes Market is expected to see steady growth, with a projected size of US$ 11,824.1 million by 2032, reflecting a healthy Value CAGR of 5.3% from 2022 to 2032. This growth is driven by the increasing demand for convenient and versatile potato-based products, appealing to diverse consumer preferences.

The potato flakes market is expected to grow due to increased product releases and brand building by major potato flakes producers. Leading manufacturers seek to broaden their global reach. The growing participation of established manufacturers has resulted in a more competitive market environment, leading to the manufacturing of a diverse range of potato products that are likely to drive the industry’s growth.

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The expanded releases and brand building of the major potato flakes companies are projected to propel the potato flakes industry’s overall growth. Leading firms aspire to expand their market footprint outside of the US. As more experienced producers enter the market, a competitive environment develops, promoting the development of a varied range of potato products that will fuel market expansion.

Key Takeaways from Potato Flakes Market Study

According to FMI study’s on the potato fakes market, a large consumer base is looking for products that are naturally sourced. Potato flakes are generally used in dishes that require mashed potatoes. Potato flakes are used as a thickener or base for the preparation of ready-to-eat vegetable gravies and soups. They are also used as an ingredient for potato chips, texturized potato products, snack pellets, etc. Thus, the demand for Potato Flakes is surging.
The global potato flakes market has been segmented based on end-use, where the buyer to consumer segment holds the major share. However, in the upcoming period, the buyer to buyer segment is estimated to show a positive growth due to its increasing applications in different food products.
Based on nature, the global potato flakes market is segmented into organic and conventional types. Due to growing health concern, consumers are looking for products that are grown naturally and are free from chemicals and are not genetically modified.
Eastern Europe and APEJ are expected to lead the global potato flakes market in terms of value. The demand for potato flakes is considerably high in North America. Western Europe is predicted to show a high growth rate in the forecast years. The Latin America market, dominated by Brazil, is also exhibiting high demand for potato flakes.

Who is winning?

Idahoan Foods, McCain Foods Limited, Nestle S.A., Inc., Clarebout Potatoes NV, Goodrich Cereals, Lamb Weston Holdings, Inc., Iscon Balaji Foods Pvt Limited, Lutosa SA, Patwary Potato Flakes Ltd., Bem Brasil Alimentos LTDA, Rixona B.V., Agrarfrost GmbH & Co. KG, Nahr-Engel GmbH, Basic American Foods, Inc., Bob’s Red Mill Natural Foods are some of the key market players.

Leading companies operating in the potato flakes market are aiming at regional expansion via targeting the local distributers to upscale their potato flakes sales and to provide high-quality products to the customers.

In March 2018, Nestle S.A. opened a new quality assurance lab in Araras, Brazil. The move was intended to enhance the company’s organic product portfolio in the region. The company invested around US$ 6.9 Mn to construct the new facility. The quality assurance facility will ensure that its organic products are free from pesticides and genetically-modified organisms.
In April 2018, McCain Foods Limited completed a strategic investment with a highly innovative agriculture company, TruLeaf Sustainable Agriculture. With this partnership, the company is expected to set new standards for efficient crop production and environmental care.
In 2017, Lamb Weston Holdings, Inc. expanded its Richald Washington plant by 2, 90,000 square feet, increasing its production capacity by approximately 300 million pounds annually.

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Potato Flakes Market by Category

By Product Type, Potato Flakes Market is Segmented as:

Business to Consumers
- Hypermarket/Supermarket
- Convenience Store
- Specialty Store
- Traditional Grocery
- Online Retailers
Business to Business
- Food Service Industry
- Food Industry
  - Soups & Premixes
  - Bakery
  - Snacks
  - Frozen Food
  - Baby Food
  - Meat Processing
  - Animal Feed

By Region, Potato Flakes Market is Segmented as:

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani