Market Research Blog – Page 3641 – New Product Development

PD-L1 Biomarker Testing Market Poised to Reach New Heights, Projected at US$ 1.58 Billion by 2033

The PD-L1 biomarker testing market sale is expanding rapidly and is becoming increasingly important in the context of cancer diagnosis and treatment. PD-L1 biomarker testing is an essential component of immuno-oncology that guides the selection of immune checkpoint inhibitors as a treatment approach by determining the expression levels of PD-L1 in tumour cells. By the end of 2022, the market for PD-L1 biomarker testing is expected to be worth US$ 597.9 million. The market is expected to expand at a compound annual growth rate (CAGR) of 9.14% between 2023 and 2033, reaching a market size of over US$ 1.58 billion by that time.

The PD-L1 biomarker testing market is experiencing significant growth due to its crucial role in guiding cancer treatment decisions. PD-L1 biomarker testing helps identify patients who are likely to respond to immunotherapy, allowing for more personalized and effective treatment strategies. As the importance of immunotherapy continues to rise in oncology, the demand for PD-L1 testing is expected to increase. Additionally, ongoing advancements in technology and the development of novel biomarkers are further driving market expansion.

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Rising technological advancements in immunotherapy are propelling the adoption PD-L1 biomarker testing for non-small cell lung cancer as an effective means for therapeutic usage of PD-L1 proteins for benign lesions or tumor identification. Moreover, the unmet needs of cancer treatments are addressed by the growing availability of high-quality immunotherapy products worldwide. Lifestyle changes, such as physical inactivity, tobacco consumption and smoking, as well as unhealthy diet are prime factors responsible for the growing burden of cancerous indications in the current scenario.

The emergence of cancer immunotherapy has advanced the diagnostic approach to cancer detection and management, thus propelling the growth in the PD-L1 biomarker testing market. Key players operating in the market space are focusing on the development or extension of novel biologics using existing biologic resources for innovative product identification and provision of patented therapies.

Furthermore, the occurrence of adverse conditions such as organ failure and relapse into cancer through the process of chemotherapy is anticipated to fuel the adoption of PD-L1 biomarker testing among major healthcare facilities worldwide.

“Growing advancements in the field of oncology, along with accurate prediction insights offered by automated systems for biomarker testing will boost the sales of PD-L1 biomarker testing in the forthcoming years” says an Sabyasachi Ghosh.

Key Takeaways:

Based on product, PD-L1 22C3 assay kits segment is projected to account for over 53% of the market share by 2032, with sales increasing at a 10.2% CAGR over the forecast period.
In terms of indication, the NSCLS segment held 61.9% of the total market share in 2021, and the trend is expected to continue over the assessment period.
By end user, sales in the cancer research institutes segment accounted for 43.2% of the total market share in 2021.
North America is slated to be the largest leading region with a value share of over 61%, spearheaded by the U.S.
Sales in the U.K. will increase at a 10% CAGR over the assessment period.
China will emerge as a lucrative market, with demand growing at a 10.9% CAGR over the forecast period.

Competition Landscape

Leading players operating in the market are actively working in coherence with researchers to be able to acquire enhanced and innovative concepts to widen the therapeutic actions of the product. For instance:

In May 2020, F. Hoffman-La Roche AG acquired Stratos Genomics to develop DNA-based sequencing for diagnostic use.
In July 2020, Abcam plc. And Cancer Research UK partnered for the development and commercialization of novel antibodies to accelerate cancer research.

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032. The global PD-L1 biomarker testing market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

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The study provides compelling insights on PD-L1 biomarker testing market segment based on product (PD-L1 22C3 assay kit, PD-L1 28-8 assay kit, PD-L1 SP142 assay kit and PD-L1 263 assay kit), indication (NSCLS, melanoma, renal cell carcinoma, gastrointestinal tract malignancy, haematological malignancies, ovarian cancer and others), end user (hospitals, diagnostic laboratories and cancer research institutes) across seven major regions.

Key Market Segments Covered In PD-L1 Biomarker Testing Industry Research

By Product:

PD-L1 22C3 Assay Kit
PD-L1 28-8 Assay Kit
PD-L1 SP142 Assay Kit
PD-L1 263 Assay Kit

By Indication:

NSCLS
Melanoma
Renal Cell Carcinoma
Gastrointestinal tract Malignancy
Haematological Malignancies
Ovarian Cancer
Other

By End User:

Hospitals
Diagnostic Laboratories
Cancer Research Institutes

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

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Driving Business Growth in the Pharmaceutical Lactose Market to Be Worth US$ 392.3 million by 2033

According to Future Market Insights’ latest analysis, the global pharmaceutical lactose market size is expected to reach US$ 222.6 million in 2023 and further expand at 5.8% CAGR throughout the forecast period (2023 to 2033). Overall sales of pharmaceutical lactose are projected to total a valuation of US$ 392.3 million in 2033.

Rising application of lactose as an ideal excipient across thriving pharmaceutical sector is a prominent factor driving the global market forward. Similarly, increasing prevalence of chronic diseases, development of new medicines, and increased investment in research & development are expected to facilitate expansion of the worldwide pharmaceutical lactose industry.

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Over the years, lactose has become one of the most commonly used excipients in the pharmaceutical sector for producing a wide range of solid dosage forms. It finds application as a binder, carrier, or diluent and helps pharmaceutical companies to produce tablets of sufficient hardness.

Rising production and consumption of solid dosage forms such as capsules and tablets is expected to boost pharmaceutical lactose demand during the forecast period. Subsequently, growing demand for dry powder inhalation products will create growth opportunities for pharmaceutical lactose manufacturers.

Various forms of lactose i.e., α-lactose monohydrate, β-lactose, amorphous lactose, and spray dried lactose are being employed for manufacturing drugs.

Increasing healthcare awareness, especially across developing regions, growing popularity of preventive healthcare, and rising healthcare spending are expected to further expand the pharmaceutical lactose market size over the next ten years.

Key Takeaways from the Pharmaceutical Lactose Market Study:

Pharmaceutical lactose market is projected to surge at a CAGR of about 5.8% over the next ten years in Mexico.
By product type, α-lactose monohydrate segment will continue to lead the global pharmaceutical lactose market during the forecast period.
The United Kingdom pharmaceutical lactose market is anticipated to exceed a valuation of US$ 184.8 million by 2033.
The USA is anticipated to hold around 78.3% share of North America pharmaceutical lactose market in 2023.
Mexico is poised to hold around 5.3% of the global pharmaceutical lactose market by 2033.

Who is Winning?

DFE Pharma, Ba’emek Advanced Technologies Ltd (Tnuva Group), Avantor, Inc., Alpavit Käserei Champignon Hofmeister GmbH & Co. KG, Lactose (India) Limited, Hoogwegt Groep B.V., Hilmar Ingredients, Armor Pharma, Merck KgaA, Kerry plc, Milei GmbH, BASF SE, MEGGLE Excipients & Technology are few of the leading companies present in the global pharmaceutical lactose market.

Key pharmaceutical lactose companies are focusing on partnerships and joint ventures to expand their product portfolio and strengthen their supply chain.

Get Valuable Insights into Pharmaceutical Lactose Market

Future Market Insights, in its new offering, provides an unbiased analysis of the pharmaceutical lactose market presenting historical demand data (2018 to 2022) and forecast statistics for the period from (2023 to 2033). The study divulges compelling insights on the demand based on product type (β-Lactose, α-Lactose monohydrate, Amorphous lactose, Spray dried lactose) and region.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations- the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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Pharmaceutical Lactose Market by Category

Product Type:

β-lactose
α-Lactose monohydrate
Amorphous Lactose
Spray Dried Lactose

Region:

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

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Projecting the Radiant Rise of India’s Residential Inverter Market (2023 to 2033)

The India residential solar inverter market size is anticipated to expand with a year-on-year growth of 7.9% in 2023. It is projected to reach a valuation of about US$ 148.2 million by 2023.

By 2033, the market is expected to be worth US$ 330.2 million. It is expected to grow significantly between 2023 and 2033, at an 8.3% CAGR. The market was worth US$ 137.3 million in 2022.
As part of the push toward renewable energies, both the federal and state governments have been providing subsidies for those who choose solar power. These consist of grants and cash awards that can be used to lower consumers’ electricity bills.

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In addition to subsidies, there has been an increase in power demand in India. Several people have shifted to renewable energy options as technology has advanced at an accelerating rate. India’s market for solar energy systems has expanded significantly in recent years.

Due to a number of factors, the market has also seen a notable price drop in solar inverters. On-grid solar power systems help consumers lower their monthly electricity bills, as well as their long-term operating costs and maintenance expenses.

Most of the Indian clients choose medium-capacity solar inverters with a 6 kW maximum output. They are doing this in an effort to equip their homes with high-performance and energy-efficient items.

On average, homes in the country use less than 100 energy units each month. Solar energy systems with inverters of around 6 kW are adequate for single-family homes as they often only require a small quantity of electricity.

Future Market Insights (FMI) projects that West India would account for a sizable portion of the market. On the other hand, South and North India are predicted to produce futuristic opportunities with strong growth rates. According to projections, West India will produce around 7/10ths of the market value for household solar inverters in India.

Key Takeaways from India Residential Solar Inverter Market Study

· Demand for residential solar inverters in India witnessed moderate growth at a CAGR of about 2.0% between 2018 and 2022.

West India is projected to contribute to about 3/5th of the total market value share by 2033.

· By product type, the on-grid inverter segment is expected to create an absolute dollar opportunity of US$ 135.7 million between 2023 and 2033.

· In terms of capacity, the 2 to 5 kW and 5 to 7 kW segments are set to generate more than 85% of the India market share in 2033.

· Based on phase, single-phase solar inverters are predicted to contribute to about 87% of the India residential solar inverter market share by 2033.

Competitive Landscape: India Residential Solar Inverter Market

Leading players are competing on price to attract customers who are looking for affordable solar solutions. This includes offering discounts, promotions, and financing options. Price competitiveness can also be an effective strategy for reaching new customers and increasing sales volume.

A few local firms are investing in customer service and support to provide a high-quality experience for customers. This includes providing technical support, training, and installation assistance. Good customer service can help them to build loyalty and lead to positive word-of-mouth referrals, which can drive future sales.

For instance,

· In March 2021, Fuji Electric India declared that it is planning to unveil two new segments, namely, solar inverters to operate large projects and uninterrupted power supply systems for data centers. Both these products are expected to be manufactured at the company’s factory located in Pune, Maharashtra.

Key Companies Profiled:

Lento Industries Pvt. Ltd
Delta Electronics Inc.
Sungrow Power Supply Co. Ltd.
Luminous Power Technologies Private Limited
Kehua Data Co., Ltd.
Sineng Electric Co. Ltd.
Polycab India Ltd
Ginlong Technologies Co., Ltd.
Hitachi Hi-Rel Power Electronics Private Limited
GOODWE
SMA Solar Technology AG
Huawei Technologies Co., Ltd.
Others

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Find More Valuable Insights into India Residential Solar Inverter Market

The research report analyzes the demand for residential solar inverters in India. The India residential solar inverter market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights (FMI), the market has been analyzed based on product type (on grid, off-grid, hybrid), capacity (up to 2 kW, 2 to 5 kW, 5 to 7 kW, 7 to 10 kW), phase (single phase, multi-phase), and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

Indian Residential Solar Inverter Market Outlook by Category

By Product Type:

On Grid
Off-grid
Hybrid

By Capacity:

Up to 2 kW
2 to 5 kW
5 to 7 kW
7 to 10 kW

By Phase:

Single-Phase
Multi-phase

By Region:

North India
West India
South India
East Indi

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 is 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 5,000 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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Navigating Business Opportunities in the Tilapia Market to Hit USD 21.6 Billion by 2033

The tilapia market is valued at USD 13.9 billion in 2023 and is projected to reach USD 21.6 billion by 2033, recording a CAGR of 4.5%, during the forecast period.

In tandem with the soaring heights reached by the global aquaculture market, the tilapia market is carving its own trajectory, showcasing a promising outlook. Tilapia, hailed for its nutrient density and affordability, is swiftly becoming a consumer favorite. Key players are at the forefront, introducing “ready-to-eat” tilapia variants, establishing a market niche as a wholesome snack option.

Tilapia boasts an impressive nutritional profile, being rich in Vitamin D, iron, omega-3 fatty acids, and Vitamin B. Noteworthy is its disease resistance compared to other species, making it an increasingly preferred choice for small and medium farmers. The market is witnessing a shift as government initiatives align to propel production and meet growing demand. Subsidies and farmer-centric initiatives are becoming catalysts for market growth, empowering even small and medium farmers to enhance production through the adoption of advanced technologies like selective breeding.

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Key Takeaways:

Tilapia emerges as a consumer favorite, celebrated for its nutrient density and cost-effectiveness.
“Ready-to-eat” tilapia variants introduced by key players create a market niche as a healthy snack.
Tilapia stands out for its nutritional richness, encompassing Vitamin D, iron, omega-3 fatty acids, and Vitamin B.
Government initiatives, including subsidies and technology adoption support, fuel market growth.

Critical Virus Outbreaks, Major Market Restraint

Virus diseases such as the Tilapia lake virus continue to be a major threat to steady market growth. A massive viral outbreak could wobble market stability immensely. The Tilapia lake virus currently has no known vaccine. Hence, government initiatives and awareness campaigns are indispensable to raising preventive measures.

Key Takeaways from the Report:

During the forecast period, the US market is expected to grow at a CAGR of 9.8% to reach a value of US$ 1.5 Bn by 2033.
The Chinese market is expected to reach a valuation of USD 6.4 Bn by 2033, growing by a CAGR of 3.9% between 2023 and 2033
During the forecast period, the conventionally sourced segment is expected to dominate the market at a CAGR of 3.9%
Between 2023 and 2033, the Nile Tilapia species segment is projected to grow at a CAGR of 4.2%, emerging as the most popular segment by species
Between 2017 and 2022, the tilapia market registered a CAGR of 3.4%
During the forecast period, the UK market is expected to grow at a CAGR of 8.4% to reach a valuation of USD 23.7 Mn by 2033

Key Market Players Focus on Diversification to Capture Consumer Interest

Currently, key players are keen on launching innovative product lines to carve out a wider consumer base. This includes ready-to-eat as well as pre-prepared meals such as soups, filleted, and frozen variants. Thus, producers have transformed the image of tilapia from a healthy, recipe-only food to an easy yet healthy snack.

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Key Market Developments:

In 2020, an exciting range of tilapia products was launched by North Atlantic Fish Co., Inc. This included the North Atlantic Frozen Tilapia Fillets, and North Atlantic Frozen Whole Tilapia. The line is focused on sustainability, keeping up with recent market trends.
Recently, Hainan Xiangtai Fishery Co., Ltd. launched its new line of tilapia variants. This included the Gutted and Scaled Tilapia, Whole Round Tilapia, and Tilapia Fillet. The line aims to facilitate ease of cooking tilapia, targetting middle-income households.
Recently, Blue Ridge Aquaculture (BRA) was in the news for investing US$ 2.5 Mn in a nursery facility. The aim was to expand ongoing production capabilities. Further, it is expected to promote robust quality production and a seamless supply chain process.

Key Market Players:

Baiyang Aquatic Group
A.O.Kingdom International Co., Ltd
Nova Sea Foods
Hainan Sky-Blue Ocean Foods Co
Guangdong Evergreen Conglomerate Co., Ltd.
Hebei Zhongjie Tilapia Breeding Co. Ltd
Amyco Group Limited.
Regal Springs

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Tilapia Market by Category

Source:

Organic Tilapia
Conventional Tilapia

Species:

Nile Tilapia (OREOCHROMIS NILOTICUS)
Blue Tilapia (OREOCHROMIS AUREUS)
Mozambique Tilapia (OREOCHROMIS MOSSAMBICUS)
Wami Tilapia (OREOCHROMIS UROLEPIS HORNORIUM)

Form:

Fresh Tilapia
- Whole Tilapia
- Fillet Tilapia
Processed Tilapia
- Canned Tilapia
  - Frozen Tilapia
  - Whole Fillet Tilapia

By Sales Channel:

Direct Sales
Retail Sales
- Modern Trade
- Convenience Stores
- Specialty Food Stores
- Wholesale Stores
- Discount Stores
- Online Retail
- Other Retail Stores

By Application:

Food Industry
Pharmaceutical Industry
Animal Feed
Pet Food
Food Service
Retail

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Knee Hyaluronic Acid Injections Market Revenue to Reach US$ 3.40 Billion by 2033, Reports Future Market Insights

According to the latest insights from Future Market Insights survey, the knee hyaluronic acid injections market size saw revenue totaling US$ 2.09 billion in 2023. Projections indicate a significant growth trajectory, with overall sales expected to reach US$ 3.40 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5%.

The demand for knee hyaluronic acid injections is being propelled by increasing awareness of healthcare management programs and the availability of minimally invasive treatment options. Furthermore, investments in technological advancements and the introduction of novel product lines are anticipated to further drive market growth.

The adoption of knee hyaluronic acid injections is particularly beneficial for individuals facing health issues associated with obesity and aging, such as joint injury and knee osteoarthritis. Knee osteoarthritis, a condition that often causes debilitating pain and can lead to disability if left untreated, affects a significant portion of the population.

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The availability of various alternatives for high-quality knee osteoarthritis surgery with low-cost yet affordable options is driving current sales figures. Expansion and product launches in emerging markets are other key factors promoting the market growth. Rapid commercialization of highly superior and efficacious knee hyaluronic acid injections for knee osteoarthritis and the shifting trend of preferring single-injection-based knee hyaluronic acid injections over repeated injection regimes has shown a positive pattern.

Key Takeaways

Surging health-related issues associated with aging and obesity including joint injury and knee osteoarthritis have been vital concerns. Being a degenerative musculoskeletal disorder, knee osteoarthritis can bring immense pain to patients as they grow old and can result in causing further disability if left untreated. Thus, the need for increased medical care and improved healthcare services has also grown.
According to the study conducted by NCBI, obesity is considered one of the major risk factors for osteoarthritis. It also revealed a prevalence of 22.9% of osteoarthritis in obesity surgery patients. Around 39.5 million U.S. adults were affected by osteoarthritis in 2019, as per Centers for Disease Control and Prevention (CDC) statistics.
An alternative to knee arthroplasty surgery, the prevalence of knee hyaluronic acid injections market is playing a huge role because the surgery is both expensive and has certain post-operation complications. The rapid development and commercialization of knee hyaluronic acid injections owing to the factors like superior efficacy, lesser side effects, and minimum patient discomfort give a great opportunity for this market, as the increasing number of osteoarthritic-affected patients will be seeking a safe procedure that is affordable yet effective.
Since there is a significant surge in the number of osteoarthritic patients globally, so is the demand for solutions that can relieve the patients of the pain caused by the disease. Knee hyaluronic acid injection, also called Viscosupplementation, is proving to be a successful procedure that helps in improving the lubrication in synovial fluid. Thereby relieving pain and providing a comfortable level of activity due to improved mobility.
FDA approvals for Knee hyaluronic acid injections and ongoing trials for new novel products in this segment are anticipated to offer great opportunities for the market players in the near future. In addition to that, the key players in the market are actively participating in acquisitions, new product developments, and exclusive marketing agreements to expand their market presence.

Knee Hyaluronic Acid Injections Market: Historical Sales (2018 to 2022) and Future Outlook (2023 to 2033)

According to data from Future Market Insights (FMI), the global knee hyaluronic acid injections market exhibited steady growth at a compound annual growth rate (CAGR) of 5% between 2018 and 2022. The market witnessed incremental progress during this period, with a valuation of US$ 1.64 billion in 2018, rising to US$ 1.99 billion in 2022.

The positive trajectory of the knee hyaluronic acid injection market is expected to persist, driven by several factors. There is a growing preference for self-care and at-home healthcare practices, particularly among the aging population, which contributes to increased demand for these injections.

Furthermore, the availability of cost-effective alternatives to knee osteoarthritis surgery is fueling current sales figures. Market growth is further propelled by expansions and product launches in emerging markets, expanding access to these treatments.

A notable trend is the commercialization of highly effective knee hyaluronic acid injections tailored for knee osteoarthritis treatment. Additionally, there is a shift towards single-injection-based treatments over repeated injection regimes, reflecting a positive consumer preference pattern.

Competitive Landscape

Prominent manufacturers of the knee hyaluronic acid injections market are primarily aiming to carry out strategic expansions through mergers and acquisitions along with an exclusive distribution to consolidate growth in a competitive market.

Key Companies Profiled:

Sanofi
Anika Therapeutics Inc. (DePuy Synthes Inc.)
Seikagaku Corporation
Zimmer Biomet
Institut Biochimique SA (Bioventus LLC)
Fidia Farmaceutici S.p.A
Meiji Seika Pharma Co. Ltd. (OrthogenRx)
Ferring B.V.
Viatrus Inc.
Hanmi Pharm Co. Ltd. (Teva Pharmaceuticals Industries ltd.)
Chugai Pharmaceuticals Co. Ltd.
Haohai Biological Technology
Hunan Jingfeng Pharmaceutical Co. Ltd.
SciViscion Biotech Inc. (MACO PHARMA S.A.S)
BioPolymer GmbH & Co. KG
TRB Chemedica International SA
MDT Int’l S. A.

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Knee Hyaluronic Acid Injections Market by Category

Product:

Single Injection Knee Hyaluronic Acid Injections
Three Injection Knee Hyaluronic Acid Injections
Five Injection Knee Hyaluronic Acid Injections
Next Generation (Steroid Combination)

End User:

Hospitals
Ambulatory Surgical Centers
Orthopaedics Clinics
Retail Pharmacies
Online Sales

Author By:

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)

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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Vegan Supplements Market Thriving in the Business Sphere to Reach US$ 14,089.6 Million by 2032

The global vegan supplements market is expected to develop at a CAGR of 11.3% from 2022-2032. It is anticipated to reach a valuation of approximately US$ 14,089.6 Mn by the end of 2032.

The market for vegan supplements is expected to grow at a fast pace from 2022 to 2032 as a result of rising concerns regarding animal health and protection on one side, and rising veganism on the other side. A strict vegetarian diet that forgoes all animal products, including milk, eggs, and meat, is known as a vegan diet. The global acceptance of vegan supplements, which have a high nutritional content, is a consequence of the beverages and food industry’s ongoing transformation.

Vitamins for vegetable lovers are nowadays much more necessary than ever. Consumers’ rising levels of healthy lifestyle consciousness and the rapidly expanding vegetarian population continue to be key drivers. It is founded on component labeling and the promotion of contributions that are high in energy.

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Key Takeaways from the Vegan Supplements Market Study

Approximately 40% of consumers in the U.S. bought vegan products because they believe these products are nutritious.
By form, the powder segment is expected to remain at the forefront by generating the largest vegan supplements market share.
Nearly 75% of German households would want to see more vegetarian goods at supermarkets.
Europe is estimated to drive demand in the vegan supplements market during the forecast period of 2022 to 2032.
The vegan supplements market is expected to reach nearly US$ 4,803.6 Mn by 2022.

“Rising adoption of preventive healthcare practices and increasing prevalence of vitamin deficiencies are expected to bode well for the global vegan supplements market. Manufacturers and retailers are beginning to provide free access to “wellness tools” that would create a user-specific antioxidants list based on their specific requirements and conditions,” says a Future Market Insights analyst.

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Competitive Landscape: Vegan Supplements Market

Some of the key players are General Mills Inc., Garden of Life, Danone S.A., PepsiCo Inc. , Blue Diamond Growers Inc, ALOHA, NuGo Nutrition, One Brands, BHU Foods , G&G Foods, Country Life LLC, Wonder Laboratories, Now Health Group Inc., Jarrow Formulas, Kerry Group PLC, Nutritional Growth Solution, and others.

The global vegan supplements industry is moderately competitive and fragmented, with several mid and small-scale businesses. Key players operating in the global market are focusing on continuous product launches and new product developments to stay ahead in competition.

Explore More Valuable Insights on the Vegan Supplements Market

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

The study offers compelling insights based on the form (powder, liquid, capsules & soft gels, tablets, pills, gummies, and bars), based on ingredients (vitamins & minerals, amino acids & proteins, herbal & botanical ingredients, and others), based on health needs (weight loss, sports nutrition, general well-being, immune & digestive health, bone & joint health, heart health, and other specific requirements), based on customer orientation (men, women, senior citizen, and others), and based on sales channel (hypermarkets/supermarkets, pharmacies & drug stores, convenience stores, departmental stores, online retail stores and other sales channel), across seven major regions of the world.

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Vegan Supplements Market Outlook by Category

By Form:

Powder
Liquid
Capsules & Soft Gels
Tablet
Pills
Gummies
Bars

By Ingredients:

Vitamins & Minerals
Amino Acids & Proteins
Herbals & Botanicals
Others

By Health Needs:

Weight Loss
Sports Nutrition
General Well-being
Immune & Digestive Health
Bone & Joint Health
Heart Health
Other Specific Requirements

By Customer Orientation:

Men
Women
Senior Citizen
Others (Kids & Toddlers)

By Sales Channel:

Hypermarkets/Supermarkets
Pharmacies & Drug Stores
Convenience Stores
Departmental Stores
Online Retail Stores
Other Sales Channel

Author by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

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Liquid Carton Packaging Set to Reach Volume of US$ 34.93 Billion by 2032: A Promising Growth Projection

Expected to demonstrate strong growth, the liquid carton packaging is projected to achieve a compound annual growth rate (CAGR) of 5.8% throughout the forecast period, increasing from US$ 20.42 billion in 2022 to a valuation of US$ 34.93 billion by 2032. This upward trajectory indicates significant opportunities for market expansion, driven by factors such as increasing demand for sustainable packaging solutions and advancements in packaging technology. The surge in valuation reflects the industry’s response to evolving consumer preferences and regulatory requirements, emphasizing the importance of eco-friendly packaging materials and innovative packaging designs in meeting market demands.

The surging consumer inclination towards ready-to-drink beverages and packaged goods is driving a heightened demand for liquid carton packaging products. Additionally, the increasing awareness and concerns regarding sustainability issues associated with plastic usage are acting as a catalyst for the growing popularity of brick liquid cartons in the market.

According to Future Market Insights, the forecast indicates that Asia Pacific is poised to command a substantial 53.8% share in the total sales of liquid carton packaging. This dominance is attributed to a rising trend favoring sustainable packaging solutions, notably in India, China, and various other South and East Asian nations, contributing significantly to the growth of the liquid carton packaging market in the region.

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Business Growth Drivers:

Sustainability Concerns: With increasing environmental consciousness, there’s a growing demand for sustainable packaging solutions. Liquid cartons, typically made from renewable resources like paperboard, are seen as eco-friendly alternatives to plastic.
Consumer Preference for Convenience: Liquid cartons offer convenience in terms of storage, handling, and transportation. As consumers prioritize convenience in their busy lifestyles, the demand for easy-to-use packaging solutions rises.
Product Innovation: Continuous innovation in liquid carton packaging, such as improved barrier properties and shelf-life extension, attracts both manufacturers and consumers. Packaging innovations often lead to enhanced product quality and differentiation, stimulating market growth.
Health and Wellness Trends: As health and wellness trends continue to influence consumer behavior, there’s a shift towards natural and organic products. Liquid cartons are perceived as a healthier option compared to plastic bottles or aluminum cans, driving their adoption.
Economic Factors: Liquid carton packaging often offers cost advantages over alternatives like glass or PET bottles, especially in terms of production and transportation costs. This cost-effectiveness can stimulate market growth, especially in price-sensitive markets.
Expansion of Beverage Industry: The growth of the beverage industry, particularly in emerging markets, creates opportunities for liquid carton packaging. As consumption patterns change and new products enter the market, the demand for suitable packaging solutions increases.

Industry Restraints:

Limited Recycling Infrastructure: While liquid cartons are recyclable, the lack of widespread recycling infrastructure poses a challenge. In many regions, recycling facilities capable of processing liquid cartons are limited, leading to lower recycling rates and environmental concerns.
Competition from Alternative Materials: Liquid carton packaging faces stiff competition from alternative materials such as plastic bottles, aluminum cans, and glass containers. Each material has its unique advantages and disadvantages, and liquid cartons must compete effectively in terms of cost, performance, and sustainability.
Regulatory Challenges: Evolving regulatory landscapes, including changes in packaging regulations, recycling mandates, and environmental policies, can impact the liquid carton packaging industry. Compliance with diverse regulations adds complexity and may increase operational costs for manufacturers.
Perception and Branding: Despite efforts to improve, some consumers still perceive liquid cartons as less premium or durable compared to other packaging formats like glass or aluminum. Overcoming these perceptions and effectively branding liquid carton packaging as a desirable option can be a challenge for manufacturers.
Supply Chain Disruptions: The liquid carton packaging industry is susceptible to supply chain disruptions, including fluctuations in raw material prices, transportation challenges, and geopolitical factors. Such disruptions can impact production costs and lead times, affecting market stability.

Sustainability Driving Innovation

The Liquid Carton Packaging stands out as a beacon of sustainability in the packaging industry. With consumers becoming more environmentally conscious, businesses are under pressure to adopt greener practices. Liquid carton packaging addresses this concern admirably by being fully recyclable and having a significantly lower carbon footprint compared to traditional plastic bottles or glass containers.

Who are the Key Players in the Liquid Carton Packaging?

Some of the key participants in the liquid carton packaging include

Tetra Laval,
Comar, Inc.,
Liqui-Box Corp. and
Tri-Wall, and
Wayerhaeuser.

Companies in the market are using strategies for growing the sales of liquid carton packaging, such as product development, facility expansions, and mergers and acquisitions to extend their global presence, catering to the growing demand for liquid carton packaging and expanding their product portfolio.

Key Advantages of Liquid Carton Packaging

Liquid carton packaging offers a plethora of advantages, making it a preferred choice for both manufacturers and consumers:

Lightweight and Efficient: These packages are lightweight, reducing transportation costs and energy consumption during transit.
Extended Shelf Life: The aseptic technology ensures a longer shelf life for products without the need for refrigeration or additives.
Minimalistic Design: The packaging boasts a sleek and modern design, attracting eco-conscious consumers seeking aesthetically pleasing options.
Reduced Environmental Impact: The use of renewable materials and lower energy requirements contribute to a reduced environmental footprint.
Convenience and Portability: The packages are easy to handle, store, and pour from, making them convenient for on-the-go consumers.

Trends Shaping the Liquid Carton Packaging

The Liquid Carton Packaging Market is influenced by several noteworthy trends:

1. Sustainability in Focus

Consumers are increasingly demanding sustainable packaging solutions. Liquid cartons, being biodegradable and recyclable, align with this demand and contribute to reducing plastic waste.

2. Plant-Based Revolution

As plant-based diets gain popularity, the demand for plant-based beverages has surged. Liquid carton packaging provides a suitable container for a wide range of plant-based liquids, including nut milks and fruit juices.

3. Convenience and Portability

Liquid carton packaging offers convenient features such as resealable caps and ergonomic shapes, making it easy for consumers to enjoy beverages on the go.

4. Technological Advancements

Incorporation of smart packaging technology, such as QR codes for product information and traceability, is enhancing the consumer experience and supply chain transparency.

Which is the Leading Region in the Liquid Carton Packaging Market?

The growth of the liquid carton packaging in the region is underpinned by a surging preference for sustainable packaging across India, China, and several other countries in South and East Asia.

The advent of leading beverages companies in the India and China market provides a solid thrust to the sales in the Asia Pacific liquid carton packaging. Besides this, millennials’ burgeoning consumption of packaged beverages such as juices, soft drinks, and dairy products is another factor propelling the demand for liquid carton packaging.

Moreover, favourable government initiatives to reduce carbon footprints and develop sustainable packaging boost the demand for liquid carton packaging in the Asia Pacific. For instance, according to the India Brand Equity Foundation, India is considered to be the 4th largest fast-moving consumer goods market.

This is anticipated to provide lucrative growth opportunities for Key players, creating a conducive environment for the growth in the Asia Pacific.

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Benefits of Liquid Carton Packaging

The Liquid Carton Packaging presents a range of benefits:

– Environmental Friendliness

Liquid cartons are sourced from renewable materials and are biodegradable, reducing the carbon footprint and contributing to a circular economy.

– Extended Shelf Life

Aseptic packaging techniques ensure that liquids remain fresh without the need for preservatives, thus extending shelf life and reducing food waste.

– Convenient Storage and Transport

Liquid cartons are lightweight and stackable, optimizing storage and transportation efficiency.

– Consumer Preference

The sustainable and innovative nature of liquid cartons resonates with environmentally conscious consumers, giving brands a competitive edge.

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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Fruitful Ventures: Freeze Dried Fruits Market’s Path to Business Expansion to Be Worth US$ 17.82 billion by 2033 | FMI

According to Future Market Insights, the global freeze dried fruits market is expected to record a CAGR of 7.5% from 2023 to 2033 and reach a valuation of US$ 8.63 billion in 2023. In 2033, it is likely to reach a valuation of US$ 17.82 billion.

Food products continue to remain an essential commodity since the outbreak of the pandemic. According to FMI, the food and beverages in all will register above 3% CAGR in the forecast period. With consumers’ preferences changed, the demand for cost-effective yet healthy and sustainable food solutions is surging, hence, pushing sales of freeze-dried fruits and vegetables in the near future.

Various types of freeze-dried products such as freeze-dried blackberry, freeze-dried raspberry, freeze-dried pineapple, freeze-dried strawberries, freeze-dried cranberry, and others are increasingly used in confectionery, smoothies, juices, ice creams, bakeries, and other ready to eat food products.

A key factor driving the market is the prolonged shelf-life of freeze-dried fruits without any synthetic ingredients or preservatives. The rising number of confectionaries has been fuelling the demand for dehydrated forms of food like freeze-dried fruits due to their long shelf lives and diverse array of applications in healthy diets.

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Key Takeaways from the Market Report

Increasing awareness about numerous health benefits of nutritional, natural, and low carb diet, is boosting the demand for freeze-dried fruits and vegetables.
Conventional freeze-dried fruits are presently leading in the market in terms of nature as they are more enriched with natural flavor, color, and nutrient values.
Among products available in the market, whole freeze-dried fruits and vegetables are highly favored over dried or granulated.
The enhancing packaging industry along with the improving lifestyle of consumers is boosting the freeze-dried fruits industry share.
The European region will account for the majority share in the freeze-dried fruits market and is projected to grow at a CAGR of over 7.5% over the forecast period due to the presence of major manufacturers here.
North America is another dominant market region for freeze-dried fruits, with a market share of over 25%, and is set to exhibit a similar market share throughout the forecast period.
B2B is a more volume-heavy sales channel than B2C in the freeze-dried fruits market. With the expansion of markets for snacks, breakfast cereals, powdered beverages, retail (household), and others, the B2B sales channel is gaining traction. It is anticipated to continue exhibiting high growth through the assessment period.

“Manufacturers of freeze-dried fruits would gain significant profits by extensive marketing and increasing their geographic reach among end-users. The ready-to-eat, convenient food and beverage industry would also serve as a major market for freeze-dried fruits,” says a Future Market Insights analyst.

Competitive Outlook

The market is fragmented and highly competitive without any major dominant players. Freeze-dried fruits manufacturers are singling on launching a wide variety of products in order to increase their consumer base and end-user industries and gain a competitive advantage.

Top freeze-dried fruits manufacturers are The Kraft Heinz Company, Mercer Foods, European Freeze Dry Ltd., Chaucer freeze-dried, Molda AG, SARAF Foods Ltd., Watershed Foods LLC, Freeze-Dry Foods, Nestle S.A., Mondelez International, The J M Smucker Company, Olam International, OFD Foods, Ajinomoto Co., Asahi Group, and Van Drunen Farms, among others. and others.

Some of them are focusing on marketing upon various health benefits of freeze-dried fruits that are highly sought-after among consumers. For instance, European Freeze Dry has launched their new complete meal solutions for special dietary meals, weight control meals, and others with an emphasis on sport nutrition, food intolerance, emergency preparedness, and others in the recent year.

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Market Segmentation Of Freeze-Dried Fruits Market

Nature:

Organic
Conventional

Product Type:

Whole
Diced
Powdered/Granulated

End use:

Food & Beverages Products
- Breakfast Cereals
- Dairy Products
- Bakery & Confectionery
- Nutritional Bars & Supplements
- Powdered Beverages
- Snacks
Retail (household)

Fruit Type:

Berries
- Strawberry
- Raspberry
- Blueberry
- Cranberry
- Others

Exotic & Tropical Fruits
- Mango
- Papaya
- Apple
- Guava
- Banana
- Cantaloupe

Orchard & Citrus Fruits
- Kiwi
- Pear
- Peach
- Lemon
- Orange
- Grapefruits
- Others

Sales Channel:

B2B
B2C
- Hypermarkets/Supermarkets
- Convenience Store
- Specialty Store
- Food & Drinks Specialty Store
- Independent Small Grocery Store
- Online Retail

Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Middle East & Africa
Japan

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Author by:

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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Unlocking the Lucrative Landscape of Chicken Feeders and Drinkers Market Post-2033

The CAGR for the global market for Chicken feeders and drinkers is predicted to remain steady at 4% from 2023 to 2033. By 2033, the global market is anticipated to have increased from US$ 3,573 million to US$ 5,289 million. Business for poultry feeders and drinkers is anticipated to increase 1.48 times between 2023 and 2033.

Future Market Insights’ historical data shows that between 2016 and 2022, the chicken feeder and drinker market experienced a stagnant CAGR of 3.6%. Between 2022 and 2033, market growth is predicted to be over 53% for the current evaluation period.

The rising desire of farm owners to systematize processes is considered one of the key factors that are predicted to support the demand for chicken feeders and drinkers. To provide better feed management and quality, poultry farmers are choosing feeders and drinkers that are affordable and efficient.

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In addition to that, the possibility of making the automation of chicken feeders and drinkers a success is attributed to numerous technical developments in the poultry sector. The market share for chicken feeders and drinkers is anticipated to rise due to the increasing attention being paid to animal welfare.

The global market for poultry feeders and drinkers is rapidly moving towards automation. Attributing to its capacity to increase productivity and save costs, automated feeders and drinkers are becoming popular. Since this equipment assists in improving feed delivery accuracy, and lower labor costs, sales of chicken feeders and drinkers are skyrocketing.

Furthermore, the system can collect data on feed intake that can be used by farmers to spot possible flock health issues. The surging adoption of automated feeders and drinkers is anticipated to enable the market to reach new heights as they offer feed with greater consistency, enhancing animal health and development efficiency.

Key Takeaways From the Market Study:

The industry opportunities are being pushed more day by day owing to the rising demand for both standard and specialty poultry products. Large poultry farms by key players in the chicken feeders and drinkers market are creating a global demand for automated equipment.
The optimal growth factor for chicken feeders and drinkers is accelerating demand for poultry products owing to their several nutritional benefits. In addition. The market is anticipated to receive additional impetus from the rising demand for organic poultry products.
Prominent chicken feeders and drinker’s companies are rapidly expanding in the residential sector. This significant growth in the residential sector is because people are raising chickens in their backyards, and also urban farming is becoming more popular.
Businesses are creating goods that are specially made for the household market such as feeders and drinkers. These goods range from straightforward designs to complex systems with features like timers and light sensors.
Key companies in the global chicken feeder and drinkers market are offering a wide range of sizes and styles to efficiently accommodate the needs of every backyard chicken keeper. Furthermore, automated feeders and drinkers’ employment can further help in decreasing the chances of cross-contamination, which lowers the possibility of diseases spreading through contaminated feed.
The majority of the chicken feeders and drinkers market is taken by the feeding equipment segment. The surging demand for feeding systems paired with rising customer preferences for hardware solutions has resulted in this accountability. The number of chickens is expected to rise, and key companies are predicted to make technological breakthroughs that result in the launch of novel feeders.

Competitive Landscape

The key players in the global chicken feeders and drinker’s businesses are working on enhancing their current products. In addition to creating cutting-edge technologies and methods for poultry feeding equipment. Besides their good establishment in the market, prominent companies are also fostering beneficial ties with other companies in the poultry industry, particularly those that produce feed.

In order to boost their access to lucrative markets, businesses are working on making various types of agreements. Farmers are now able to regulate the feed and water requirements of their chickens due to the mechanical feeders and drinkers.

Key Players

SKA Poultry Equipment
Kenpoly Manufacturers Limited
INDIV USA
Browser
AZA International SRL
Big Dutchman
Chore Time

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More Insights into the Chicken Feeder and Drinkers Market

The North American region is anticipated to dominate the global chicken feeder and drinkers market. In the U.S. backyard poultry industry contributes to the sales of chicken feeders and drinkers, and the majority of the goods are sold in agricultural stores.

Key Segments

By Capacity:

Less Than 1 Kg
1-5 Kg
6-10 Kg
More Than 10 Kg

By Product Type:

Feeding Equipment
Drinking Equipment

By Bird Capacity:

1-5 Birds
6-10 Birds
More Than 10 Birds

By Region:

North America
Latin America
Europe
East Asia
South Asia Pacific
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 is 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 5,000 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

Navigating the Business Landscape of Dairy Ingredients Market to US$ 118 Billion by 2033 | FMI

The global dairy ingredients market is estimated to total US$ 66 Billion in 2023. The overall market value is expected to reach US$ 118 Billion by 2033, rising at a CAGR of 6% between 2023 and 2033.

The rise in consumption of ready-to-eat foods, cheese, yogurt, curd, and other functional food ingredients has climbed due to the presence of protein. The versatile application of dairy ingredients for food processing as well as the application of dairy ingredients in cosmetics is driving the market.

Dairy products are very rich in protein and essential amino acids due to the presence of casein and caseinates in milk. Lactose derivatives of milk find application in pharmaceutical procedures as prebiotics to promote gut health. Conventionally, milk and dairy consumption are linked with holistic diet quality.

According to the United Nations, the world population is expected to reach 9.7 billion by 2050 providing the nudge for dairy ingredients consumption. Convenient sales channels of discount retail chains, e-commerce, and supermarket retailing are benefitting the dairy ingredients market.

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Key Takeaways from the Market Report

The global dairy ingredients market totaled sales of USD ~60 Bn in 2022.
Milk powder is easy to store and has a greater shelf life as compared to pure milk and is projected to grow at a rate of ~4%. Milk powder is expected to remain the dominant market segment by product type, attributed to extensive applications across infant foods and growing consumption of ready-to-eat bakery and confectionery and ready-to-drink tea, coffee, and other milky beverages.
Dairy ingredients precipitated from milk like casein and caseinates, and whey is a crucial raw material in the development of supplements and in other food processing applications.
There is the application of dairy ingredients in cosmetics and personal care products in form of an aqueous solution of casein and milk as a natural moisturizer.
Asia Pacific dairy ingredients market is expected to grow at 4.3%. India and China spearheading the Asia-Pacific dairy ingredients industry growth which is expected to pivot global growth given the rapid urbanization, rising number of convenience stores, and tech advancements in dairy processing.
The components of dairy ingredients on the label are expanding for the sake of making food and beverage products more nutritional, proliferating demand for various dairy ingredients.

Competitive Outlook

Strategic alliances will aid the growth of the dairy ingredients market, like, the collaboration between India’s Future Group and New Zealand’s Fonterra co-operative dairy to develop and provide high-value consumer dairy products.
Major dairy ingredient companies include Fonterra Co-operative Group, Lactalis Group, AMCO Proteins, Arla Foods, Cayuga Dairy Ingredients, Dairy Farmers of America, Epi Ingredients, Friesland Campina, Glanbia Plc, Gujarat Co-operative Milk Marketing Federation Ltd. , Ingredia SA, Kerry Group, Megmilk Snow Brand Co., Meiji Holdings Co., China Mengniu Dairy Company Limited, Yili Group, Nestle S.A., Saputo, Schreiber Foods Inc., Sodiaal Group and Volac International Ltd. and others.
Product launches, collaborations with ministries and dairy councils, mergers, acquisitions, collaborations with tech companies, and advanced research and development are the primary strategies used by the aforementioned dairy ingredients companies.
Furthermore, certain players also participate in organizing exhibitions and trade fairs to extend product outreach to newer customers and industry end-users.

“The dairy ingredients market is driven by their taste, flavor, and health benefits. Rising awareness about the dairy products along with increased use in the food and beverage industry in the form of spreadable, enhancers, and emulsifiers are key factors for market expansion,” says a lead analyst at Future Market Insights.

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Key Segments

By Product Type:

Proteins
Milk Powder
Milk Fat Concentrates
Casein and Caseinates
Lactose & Its Derivatives
Whey
Other Types

By Form Type:

Powder
Liquid

By Application:

Bakery & Confectionery
Dairy Products
Sports Nutrition Products
Infant Formulas
Cosmetics
Pharmaceuticals
Other Applications

By Distribution Channel:

E-Commerce
Specialty Retailers
Supermarket & Hypermarket
Others

By Region:

North America (U.S & Canada)
Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
Europe (Germany, Italy, France, U.K., Spain & Rest of Europe)
South Asia & Pacific (India, Thailand, Indonesia, Malaysia, Australia & New Zealand and Rest of South Asia & Pacific)
East Asia (China, Japan & South Korea)
Middle East & Africa (GCC, South Africa, Israel & Rest of MEA)

Author by:

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Contact Us: