Market Research Blog – Page 3681 – New Product Development

Global Meningococcal Vaccines Industry Propels at 8.6% CAGR, Aspires for US$ 7.7 Billion Benchmark in 2032 | FMI Analysis Unveils

The Global Meningococcal Vaccines Industry is on the brink of a transformative growth journey, projected to achieve an impressive Compound Annual Growth Rate (CAGR) of 8.6% over the forecast period. Future Market Insights (FMI), a pioneering market research firm, forecasts that the industry will hit a substantial milestone of US$ 3.4 billion in 2022.

In a recent report, FMI unveils groundbreaking insights, positioning the conjugate vaccines segment as the industry frontrunner, commanding an impressive 62.6% revenue share in 2021. This highlights the pivotal role of conjugate vaccines in shaping the market landscape and steering its overall success.

The anticipated growth in the Global Meningococcal Vaccines Industry reflects a collective effort towards enhancing global healthcare and preventing the spread of meningococcal diseases. With advancements in vaccine technologies and increasing awareness about the importance of immunization, the industry is set to play a pivotal role in safeguarding public health.

Partnerships between the private sector and public institutions have been the chief agenda of global public health initiatives.

The last few years have witnessed an increase in several private-public partnerships specifically focussing on vaccine provision in developing countries. Partnerships like the International Coordinating Group on Vaccine Provision for Epidemic Meningitis Control (ICG) help magnify the vaccine outreach to remote areas of the world with the maximum need.

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The governments of several countries across the globe initiate immunisation programmes periodically and these programmes are backed by global organisations such as UNICEF and WHO and private not-for-profits like the Global Alliance for Vaccines and Immunization (GAVI).

A classic example of how private-public partnerships are helping boost vaccination programmes across deep regional pockets is Brazil.

In 2010, Ezequiel Dias Foundation, Brazil formed a strategic alliance with Novartis Vaccines & Diagnostics for the sustainable supply of Menjugate MenC vaccines for Brazil’s National Immunization Program. By 2015, Brazil became self-sufficient in the production of the meningococcal C conjugated vaccine for the country’s public vaccination programmes. Such initiatives at the global level are anticipated to support global immunisation goals and at the same time boost the growth of the Global Meningococcal Vaccines Industry

Key Companies Profiled in the Global Meningococcal Vaccines Industry:

Sanofi Pasteur Inc.
GlaxoSmithKline Plc
Wyeth Pharmaceuticals
Bio-Manguinhos
Bio-Med Pvt. Limited
Chongqing Zhifei Biological Products Co., Ltd.
Hualan Biological Engineering Inc.
Incepta Pharmaceuticals Ltd.
Pfizer INC
Serum Institute of India Pvt. Ltd
Walvax Biotechnology Co., Ltd.

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Factors Leading to Worldwide Adoption of Meningococcal Vaccination Programmes

The Global Meningococcal Vaccines Industry is expected to be driven by enhanced access to vaccines in low and middle-income countries, growing investments by manufacturers and governments to cope with pandemic meningitis outbreaks, and rapidly growing consumption of meningococcal vaccines bolstered by immunisation alliances and mass vaccination campaigns among others.

Partnerships and alliances between manufacturers and governmental healthcare organisations are facilitating the speedy introduction of vaccines in some of the economically challenged countries of the Middle East and Africa region. Enhanced access to vaccines in under-penetrated global markets is expected to accelerate revenue growth of the global meningococcal vaccines market.

Approval of new vaccines in the U.S and Europe in 2015 and 2017 to treat meningococcal meningitis has revolutionised the global immunisation landscape. This is further boosting the growth trajectory of the global market for meningococcal vaccines.

GlaxoSmithKline to Lead the Global Meningococcal Vaccines Industry with About 50% Market Share Recorded in 2017

The Global Meningococcal Vaccines Industry is highly consolidated, with GlaxoSmithKline and Sanofi together holding about 80% of the global market share in 2017. Pfizer is the third largest company in this market with just under 12% market share in 2017.

Companies are expanding their production capacities through the acquisition of established vaccines production units of other global or local companies.

Sanofi has a huge pipeline of 17 active meningococcal vaccines programmes and is targeting emerging markets; while GlaxoSmithKline has 5 active pipeline programmes for meningococcal vaccines, all of which are in the phase II clinical stage. Addition of the vaccine Bexsero has enabled GlaxoSmithKline to defend its brand against Sanofi’s aggressive portfolio in the paediatric vaccines space.

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Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Key Market Segments Covered in Meningococcal Vaccines Industry Research

By Product:

Polysaccharide
Conjugate

By Age Group:

Infants
Children
Adolescents and Young Adults
Adults

By Distribution Channel:

Pharmacies
Community Clinics
Public Health Agencies
Others (hospital pharmacy, private market etc.)

Author

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 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 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.

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Future Market Insights Inc.
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Global Veterinary Molecular Diagnostics Industry Accelerates with a 6.84% CAGR, Envisaging a Substantial US$377.22 Million Market by 2033 | FMI

Global Veterinary Molecular Diagnostics Market

The Global Veterinary Molecular Diagnostics Industry is poised for remarkable growth, with projections indicating a surge from US$182.1 million in 2022 to a staggering US$377.22 million by 2033. This substantial expansion is expected to unfold at a compelling Compound Annual Growth Rate (CAGR) of 6.84% between 2023 and 2033, as revealed by the latest market report from Future Market Insights.

In 2023, the industry is anticipated to be valued at US$194.47 million, setting the stage for a decade of consistent growth. The market’s upward trajectory is further underscored by the robust CAGR of 6.84%, emphasizing sustained market expansion over the next decade.

The rising demand for veterinary molecular diagnostics is a key driver behind this growth, with the adoption of multiple testing panels and the increasing consolidation within the veterinary diagnostics industry playing pivotal roles. The market is expected to witness an overall demand surge, culminating in a projected total value of approximately US$352.8 million by 2032.

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The market is segmented based on product type, disease type, species type, end-user, and region. Based on product type, the market has been segmented into four segments such as PCR kits, INAAT kits, microarray kits, and DNA sequencing kits.

The PCR kits segment is expected to be the fastest-growing segment over the forecast period, registering a significant CAGR of 7.8% in terms of revenue, over the forecast period. The increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals worldwide is expected to boost the growth over the forecast period.

The PCR kits segment dominates the market with a market value of US$ 63.4 Mn in 2017. Also, the segment is expected to maintain its dominance over the forecast period with a market value of US$ 124.0 by 2026 end and expand at a significant CAGR.

Based on disease type, the market has been segmented into Anaplasma spp., Ehrlichia spp., New Castle Disease, Influenza, Porcine Reproductive & Respiratory Syndrome (PRRS), and others.

Based on species type, the market has been segmented into livestock animals including Aquatic, Bovine, Porcine, Ovine, Poultry, and Equine.

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Based on end-users, the market has been segmented into veterinary hospitals, clinical laboratories, and veterinary research institutes.

Based on region, the market has been segmented into North America, Latin America, Europe, the Asia Pacific Excluding China (APEC), China, and the Middle East and Africa (MEA).

The increasing set up of new production facilities by the key manufacturers in growing economies coupled with increasing adoption of molecular diagnostic techniques in animals is anticipated to boost the production of molecular diagnostic kits and drive the growth of the Global Veterinary Molecular Diagnostics Industry over a forecast period.

This report assesses trends driving the growth of segmental markets and offers analysis and insights into regional North America is estimated to dominate the Global Veterinary Molecular Diagnostics Industry with a maximum value share by the end of 2017. By 2026, North American and European markets cumulatively are expected to account for over 67.8% revenue share of the global Global Veterinary Molecular Diagnostics Industry by the end of 2026.

Some key companies covered in this report include bioMérieux SA, IDEXX Laboratories, Inc., Thermo Fisher Scientific Inc., Qiagen N.V., Neogen Corporation, ID.Vet, INDICAL BIOSCIENCE GmbH, and Veterinary Molecular Diagnostics, Inc. These leading players focus on consolidating their position in the Global Veterinary Molecular Diagnostics Industry by actively participating in activities such as partnerships, mergers, acquisitions, and collaborations. Companies focus on extending their product line and expanding production capacities to meet the growing demands for veterinary molecular diagnostics kits worldwide.

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The Global Veterinary Molecular Diagnostics Industry is segmented as follows:

By Product Type

PCR kits
INAAT kits
Microarray kits
DNA sequencing kits

By Disease Type

Anaplasma spp.
Ehrlichia spp.
New Castle Disease
Influenza
Porcine Reproductive & Respiratory Syndrome (PRRS)
Others

By Species

Livestock Animals
- Aquatic
- Bovine
- Porcine
- Ovine
- Poultry
- Equine
Companion Animals
- Canine
- Feline
- Avian

By End User

Veterinary Hospitals
Clinical Laboratories
Veterinary Research Institutes

Author

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 5,000 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 Gait Trainer Industry Surges, Anticipated to Hit US$456.3 Million with a 4.9% CAGR by 2028 | Forecasts FMI

The Global Gait Trainer Industry is on a trajectory of steady advancement, poised for gradual expansion with a projected Compound Annual Growth Rate (CAGR) of 4.9% over the designated period. These findings come from the latest industry analysis conducted by Future Market Insights, revealing a current market worth of US$342.7 million as of 2022. The market is anticipated to ascend to an estimated value of US$456.3 million by the conclusion of 2028.

In the year 2021, the exoskeleton market exhibited an impressive cumulative value of US$4.1 billion, with gait trainer sales contributing 8% to this remarkable figure. Particularly noteworthy is the increasing prominence of gait trainer walkers designed for individuals with cerebral palsy, which have gained significant traction in recent years. This surge is attributed to a notable increase in the incidence of cerebral palsy.

The gradual yet consistent growth of the Global Gait Trainer Industry, coupled with its pivotal role in addressing the needs of individuals with cerebral palsy, underscores its increasing importance in the broader context of the healthcare industry. As the market continues to evolve, it not only represents a lucrative avenue for industry stakeholders but also signifies a positive impact on the lives of those with mobility challenges.

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Research Methodology

FMI adopts a triangulation methodology to provide accurate and precise market estimations and insights for various medical devices and technologies. This approach primarily relies on patient-level data, the number of procedures, and the capital equipment installation base obtained through experimental techniques. The bottom-up approach is always used to obtain country-specific data and then analyze it to generate global data. This ensures the data’s high quality and accuracy.

In the initial stage, secondary research is conducted to determine the feasibility of the target products/technology categories, segments, product offerings, usage patterns, device lifespan, reimbursement scenarios, adoption rates, and future impact of new technologies. Each piece of information is meticulously analyzed to create a solid foundation for primary research.

Primary research involves the participation of demand-side users, including key opinion leaders, physicians, and surgeons, and supply-side providers of medical devices. These stakeholders provide valuable insights on trends, key treatment patterns, adoption rates, purchasing patterns, technological advancements, patient education, manufacturer effectiveness, pricing, and competitive dynamics. This information is further analyzed throughout the research project to ensure comprehensive and accurate market insights.

To project Year-on-Year (Y-o-Y) growth rates for the market, we conduct a quantitative and qualitative assessment of the fundamental factors driving demand, economic factors and cycles, and growth rates, as well as the strategies used by key players. These Y-o-Y growth projections are adjusted and aligned according to the industry/product lifecycle and utilized to develop holistic market numbers.

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Additionally, we analyze the annual reports, investor presentations, SEC filings, 10k reports, and press releases of various companies operating in this market segment to obtain detailed information on market size, trends, opportunities, drivers, restraints, key players, and their market shares. These key companies are classified into tiers based on their revenue, product portfolio, and market presence.

It’s important to note that these are only the initial steps in developing the market size. In addition to disease-related factors, we use our internal proprietary model for forecasting, which takes into account various macroeconomic factors such as per capita healthcare expenditure, disposable income, industry-based demand driving factors, and their impact on the market forecast trends.

Global Gait Trainer Industry Taxonomy

The Global Gait Trainer Industry has been segmented on the following basis:

End User

Hospitals
Rehabilitation Center
Homecare Setting

Product Type

Gait Trainer Walker
Adult
Pediatric
Treadmill System
Exoskeleton

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Author

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 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

Jerry Cans Market Projected to Reach US$ 3.5 Billion by 2033, Driven by Demand for Durable and Lightweight Plastic Containers Across Chemical, Food & Beverage Industries

The future of the jerry cans market appears promising, driven by several key factors shaping its trajectory. With a projected compound annual growth rate (CAGR) of 4.6% between 2023 and 2033, the market is set to expand significantly, reaching a valuation of US$ 3.5 billion by 2033.

The dominance of the plastic jerry cans segment is expected to persist, fueled by increasing demand for durable, lightweight, and cost-effective packaging solutions across various industries. Plastic jerry cans are anticipated to hold approximately 85% of the market value share by the end of 2023, underscoring their significance in the market landscape.

Rising demand for rigid bulk packaging, particularly from the chemical industry, is poised to drive substantial growth opportunities, estimated to reach an incremental US$ 1.3 billion over the next decade. The need for safe and efficient bulk packaging solutions in industries such as chemicals, food & beverage, and others is a primary driver of jerry cans demand, while their reusability and recyclability are expected to further enhance global adoption rates.

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Jerry cans are also used to pack household products, agricultural chemicals, sanitary supplies, etc. To fulfil the needs of these large end users, the producers of jerry cans and industrial packaging containers are aiming for bulk production. Hence, jerry can manufacturers are also investing extensively in the research and development to develop an innovative designs to gain revenue.

Key Takeaways

The plastic segment is estimated to hold around 85% of the value share by the end of 2023 due to its lightweight, cost-effectiveness, and reusability.
In terms of capacity, the above 25 liters segment is estimated to offer a growth opportunity of US$ 450 million between 2023 and 2033.
Based on end use, the food & beverages segment is expected to register growth at a CAGR of 5.0% during the forecast period.
South Asia is expected to be the most lucrative market for jerry cans market. It is anticipated to grow 7 times the current market value between 2022 and 2032.
The USA is expected to dominate the North American jerry cans market over the assessment period

Growth Drivers:

Rising Industrialization and Manufacturing Activities: Increasing industrialization globally fuels the demand for jerry cans as essential containers for storing and transporting liquids used in various manufacturing processes.
Growing Chemical and Petroleum Industries: The expanding chemical and petroleum sectors drive the demand for jerry cans as they provide secure and efficient storage solutions for hazardous liquids.
Emphasis on Sustainable Packaging: The push towards sustainable practices and eco-friendly packaging options boosts the adoption of jerry cans made from recyclable materials, aligning with environmental consciousness.
Increasing International Trade: The growth of international trade and logistics amplifies the need for reliable and durable packaging solutions like jerry cans, ensuring safe transportation of liquids across borders.
Stricter Regulations for Safe Transportation: Stringent regulations governing the safe transportation of liquids, especially in the chemical and food industries, propel the demand for jerry cans that comply with safety standards.

Industry Trends:

Customization and Branding: Companies in the jerry cans market are increasingly offering customizable solutions to cater to the specific branding and packaging needs of diverse industries, enhancing market competitiveness.
Advancements in Material Technologies: Ongoing innovations in materials, such as the development of lightweight yet robust materials, are influencing the jerry cans market, offering improved efficiency and reducing environmental impact.
Focus on Smart Packaging Solutions: Integration of smart technologies, such as IoT-enabled tracking and monitoring features, is emerging as a trend in the jerry cans market, providing enhanced visibility and control over the supply chain.
E-commerce Expansion: The proliferation of e-commerce channels prompts jerry can manufacturers to adapt their packaging solutions for online retail, ensuring secure and cost-effective transportation of liquids ordered online.
Global Supply Chain Resilience: Events such as the COVID-19 pandemic have highlighted the importance of a resilient global supply chain, leading businesses in the jerry cans market to reevaluate and reinforce supply chain strategies for enhanced reliability.

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Jerry Cans Market By Category

By Material Type:

Plastic
Metal

By Capacity:

Below 10 Liters
10 Lt to 25 Liters
Above 25 Liters

By End Use:

Food & Beverage
- Vegetable Oil
- Juices & Milk
- Others
Agrochemicals
- Fertilizers
- Pesticides
Industrial Chemicals
- Hazardous
- Non-hazardous
Petroleum & Lubricants
Others (Paints/Inks/Dyes, etc.)

By Region:

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

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Powdered Cellulose Market Set to Achieve US$ 297.4 Million by 2033: Analysis of Applications, Technological Advancements

In 2023, the global powdered cellulose market is expected to be worth US$ 183.8 million. The market is expected to grow at a sluggish but consistent CAGR of 4.9% between 2023 and 2033. The market’s worth is expected to reach US$ 297.4 million in 2033.

Powdered cellulose is generated from a variety of natural sources, including softwood/hardwood pulp, cotton linter, bamboo, and many others on the list, all of which are high in dietary fibre. Powdered cellulose is widely utilised in bread items, frozen desserts, beverages, dairy products, and other products due to its unique capabilities as an emulsifier, stabiliser, thickener, and many others.

According to FMI, the food and beverage industry will emerge as the primary end consumer, accounting for little less than 22% of total sales in 2031. Aside from that, increased demand from the construction, pharmaceutical, and other industries will continue to boost market growth.

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The FMI studies deeply into the dynamics to offer remarkable insights into powdered cellulose market. Some of these are:

Powdered cellulose market will register above 6% CAGR between 2021 and 2031
The U.S. has emerged as a key market, accounting for over 60% sales in North America
The increasing demand from various industries will enable the U.K. market exhibit a little below 4% y-o-y growth in 2021
The expansion of food and construction sectors will support growth in Germany and France
China will lead East Asia, thanks to the rising demand from the food industry

“Higher focus on healthy eating have attracted attention towards ingredient list of food products. In general there is higher demand for food products containing ingredients derived from natural sources. This has resulted in increasing use of powdered cellulose as emulsifier and gelling agents in sauces and mixes. The demand for powdered cellulose will therefore continue increasing through the forecast period.” said a lead analyst at FMI

Application of Powdered Cellulose in the Construction Industry to Surge

Fine fibrous structure powdered cellulose consisting minerals and metallic oxides is finding increasing application in the construction sector. During the welding function powdered cellulose protect from oxidation. Therefore it helps to improve the stability and welding function.

Furthermore, owing the functionality as coating and gelling agent, powdered cellulose is used in tile adhesives, cement renders, putty powder, and others. Manufacturers are using powdered cellulose in various construction and welding materials because it improves the operation time. Increasing use in the construction sector will continue supporting expansion of the market.

Who is winning?

Some of the key players operating in powdered cellulose market Jelu-Werk J. Ehrler GmbH & Co. KG, J. Rettenmaier & Söhne GmbH + Co KG, CFF GmbH & Co. KG, Mikro-Technik GmbH & Co KG, InterFiber Sp. Z.O.O, Ankit Pulps and Boards PVT. LTD., Accent Microcell Pvt. Ltd., Central Drug House (P) Ltd, NB Entrepreneurs, Natural Fiber Solutions and many others. These players are actively involving in changing market strategy, production capacity and other developments to gain competitive advantage.

For instance:

J. Rettenmaier & Söhne Company, installed its production and business plant in China in 2017.
In 2016, InterFiber expand its supplier network in Chicago and Philippines to expand its business operations

Get Valuable Insights into Powdered Cellulose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global powdered cellulose market, covering historical demand data and forecast figures for the period between 2021 and 2031.

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Powdered Cellulose market by category

Grade

Food Grade
Pharmaceutical Grade
Industrial Grade

Functionality

Thickener
Stabilizer
Emulsifier
Gelling
Coating Agent
Others

Source

Soft and Hard Wood Pulp
Cotton Linter Pulp
Bamboo
Wheat Straw Pulp
Other Sources (oats, etc.)

End Use

Food & Beverage Industry
- Bakery & Confectionery
- Meat & Poultry Product
- Sauces & Dressings
- Beverages
- Processed Food
- Dairy Products
- Others
Pharmaceuticals
Cosmetics
Construction Industry
Chemical Industry
Leather Industry
Textile Industry
Paper Industry
Others

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania

Frequently Asked Questions

Which is most lucrative market for powdered cellulose market?
Which grade of powdered cellulose is used widely?
Which is the key function of powdered cellulose?
Which are some of the top companies offering powdered cellulose market?
Who is the leading end user of powdered cellulose?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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

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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Green Banana Flour Market Estimated to Reach US$ 1026.1 Million by 2033: Examining Growth Drivers

The global green banana flour market was estimated to have acquired US$ 623 million 2022. Changing consumer preferences towards organic and gluten-free flour will propel the market to reach a sum of US$ 1,026.1 million by 2033.

Green banana flour is trending as a gluten-free ingredient for the food industry, which in turn is creating opportunities for key players to capitalize on. Changing buyers values have led to seek more nutrition from natural and high-quality food sources with clean labels. With consumers seeking healthier options, it is seen that these products have appeal across a broad spectrum of potential buyers.

Driven by consumers’ piqued interest, green banana flour is now being made available in a particular flavor or a combination of other fruit flavors. According to FMI, the demand for conventional green banana flour is remarkably high and it is expected to account for over 95% sales in 2021.

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Key Takeaways from the Green Banana Flour Market Study

Green banana flour market is expected to register 4.6% Y-o-Y growth in 2021
The U.S. will emerge as a highly attractive market, accounting for over 85% of sales in North America in 2021
Exhibiting above 6% Y-o-Y growth in 2021, the U.K. will emerge as an attractive market for green banana flour within Europe
The demand from Germany and France too is forecast to rise at an impressive pace
Within East Asia, China will exhibit strong growth, followed by Japan and South Korea

Quality Concerns Pertaining to Food Enabling Green Banana Flour Sales

Rising concerns regarding quality of food products, along with growing awareness about health & wellbeing, are pushing consumers to increasingly opt for healthy and organic products Green banana powder is being sold in its retail format for household purposes in large quantities. Growing purchasing power and increased opportunities for women in the workforce have resulted in less time for home cooking, and higher demand for processed or prepared foods. As a result, there is a rise in consumer expenditure on grocery retail and food.

Not only is it a must for those with gluten allergies to use substitute flours, but it’s also a perfect choice for many recipes to add nutrients. Green banana flour is lower in calories than all-purpose flour at only 100 calories per 1⁄4 cup, which essentially helps minimize the total calorie count without losing flavour or texture.

Who is winning?

Rising inclination towards vegetable and fruit flours across various regions is fuelling the demand for green banana flour. Manufacturers across the globe are are investing heavily to update their inventories with green banana flour products to cater to the growing demand.

For instance, Zuvii specializes in the production and marketing of gluten-free food ingredients for both retail and commercial sectors. The company offers products such as gluten-free banana flour, pancake and waffle mix, brownie mix, chocolate cake mix, vanilla cake mix, and bundles. The green banana flour produced by the company is claimed to be starch free, and good for the gut due to its probiotic nature.

Some of the key players in green banana flour market are are International Agriculture Group, Made’s Green Banana Flour Co., Kanegrade Ltd., Natural Evolution Limited, Slingan Pty Ltd., NOW Health Group, Inc, NuNatural Inc, Zuvii, Pereg Gourmet Natural Foods, M-Pak, Banatone Food Industries, Stawi Foods and Fruits Limited, Vinayak Ingredients (INDIA) Pvt. Ltd., Hearthy Foods, Saipro Biotech Private Limited, Paradise Fruits, Royal Nut Company, Absolute Organic, KADAC Pty Ltd.

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Green Banana Flour Market by Category

Product Type

Organic Green Banana Flour
Conventional Green Banana Flour

Process

Spray Dried Process
Sun Dried Process
Freeze Dried Process
Others

Sales Channel

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

Application

Household
Food Industry
- Bakery & Snacks
- Confectionery
- Infant Food
- Filling & Dressings
- Soup & Sauces
- Others
Beverages
Pet Food & Feed Industry

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Author

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)

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

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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Plant-based Tuna Market Expected to Reach US$1,320.6 Million by 2033 with a 17% CAGR: Exploring Innovations

As per the latest market research conducted by FMI, the global plant-based tuna market is expected to record a CAGR of 17% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 284 million. By 2033, the valuation is anticipated to reach US$ 1,320.6 million.

Increasing public awareness of the negative health effects of eating animal products, as well as ethical concerns about animal agriculture, is contributing to the progressive mainstreaming of veganism and plant-based diets. As a result, the market is expanding faster than expected over the forecast period. Furthermore, industry players are offering novel items to meet the wants of customers worldwide. These products have a tuna-like flavour and texture and contain additives with numerous health advantages.

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Competitive Background:

The key players operating in the plant-based tuna market are investing in mergers and acquisitions to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the plant-based tuna market. As a result, market participants are likely to have a better overall revenue share in the global plant-based tuna market.

Key Takeaways:

The plant-based tuna market is anticipated to reach a valuation of US$ 284 million in 2023.
The plant-based tuna market is predicted to record a CAGR of 17% through 2033.
The plant-based tuna market is expected to expand, particularly as the flexitarian population increases.
The plant-based tuna market is expected to surpass 1,320.6 million by 2033.
The plant-based tuna market recorded a CAGR of 4% from 2018 to 2022.
The United States plant-based tuna market recorded a CAGR of 27.1% in 2022
The plant-based tuna market in China recorded a CAGR of 16.7% in 2022
The plant-based tuna market in India recorded a CAGR of 14.3% in 2022
The plant-based tuna market in Japan recorded a CAGR of 1.1% in 2022

Developments in the Market:

Atlantic Natural Foods, a leading brand, offers a unique combination of flavor and texture in its products which is the outcome of the company’s growing research and development investments.
Nestlé declared the launching of Vuna, a plant-based tuna, in August 2020 as its most inventive product to date. The company’s first product which isn’t seafood was initially intended to launch in Switzerland.
Gathered Foods, one of the well-known manufacturers of plant-based seafood, entered the restaurant industry by collaborating with Vegetarian Grill. Then Vegetarian Grill announced that a special and limited-edition tuna melt available from October 2020 menu list.

Significant Players in the Market:

Good Catch
Ocean Hugger Foods
Sophie’s Kitchen
New Wave Foods
Gardein, Beyond Meat
Prime Roots
Atlantic Natural Foods
Nestlé S.A
Avant Meats

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Key Segments

Format:

Refrigerated
Frozen
Others

Source:

Soy-based Protein
Wheat-based Protein
Pea-based Protein
Canola-based Protein
Fava Bean-based Protein
Potato-based Protein
Rice-based Protein
Lentil-based Protein
Flax-based Protein
Chia-based Protein
Corn-based Protein

Distribution Channel:

Retail
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Food Stores
Online Retail
HoReCa (Food Service Sector)

Regional Outlook:

North America – United States, Canada
Latin America – Mexico, Brazil, Rest of Latin America
Europe – EU-4, United Kingdom., BENELUX, Nordics, Russia, Poland Rest of Europe
The Middle East and Africa – GCC Countries, Türkiye, Northern Africa, South Africa, Rest of MEA
East Asia – China, Japan, South Korea
South Asia – India, Thailand, Malaysia, Indonesia, Singapore, Rest of South
Oceania – Australia, New Zealand

Author

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)

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

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Pulses Market Projected to Surpass US$ 122,891.9 Million by 2033: Analysis of Global Consumption Patterns

FMI finds the overall demand for pulses around the world growing at a promising 4.9% annually which is anticipated to continue till 2033. The global pulses market valuation is projected to reach US$ 122,891.9 million by the end of the year 2033.

Governments are offering financial aid and other incentives to increase output of pulses because they are a staple crop in many disadvantaged nations. Countries have created a range of food schemes aimed at expanding pulse production in recent years.

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Growing urbanisation, higher disposable incomes, and a strong desire for nutritious ready-to-eat and processed meals are driving growth. Furthermore, the concentration of a huge population base in India and China is increasing demand for nutritious food, leading to an increase in overall pulse production.

Pulses help to lower cholesterol and triglyceride levels in the human body. As a result, they are frequently consumed worldwide. In the short term, the coronavirus pandemic was predicted to create a minor delay. Despite a little slowdown caused by COVID-19, economic expectations remain generally optimistic.

As concerns over excessive meat consumption on human health dawn on consumers, they are seeking healthier alternatives. Resultantly, the market for pulses is witnessing a notable upsurge nowadays. Furthermore, the trend of healthy eating has augmented, with consumers hoping to strengthen their immunity by eating fiber, nutrient, and vitamin-rich foodstuffs. Therefore, growth prospects of the global pulses market appear largely optimistic throughout the 2020-2030 assessment period.

Key Takeaways from the Pulses Market Study Report

The United States pulses market is projected to grow at an annual rate of 3.7% over the next ten years. By following this growth rate it is expected to reach an overall valuation of US$ 4,473.2 million by the end of the year 2033.
In the European region, Germany is the leading region for business in pulses that is projected to grow at a 2.7% rate throw 2033. Meanwhile, the United Kingdom and Spain are expected to witness a higher rate of 3.1% and 4.1% respectively, over these years.
On the other hand, China is a very lucrative region nowadays for sales of pulses, which may register a CAGR of 6.4% until 2033.
Based on different forms of pulses, the pulse flour segment holds a higher potential for growth in the coming days. This segment is further projected to progress at an annual rate of 4% during the forecast years.
High consumption of pulses is likely to be in the whole form, given the higher need for good quality nutrition in countries suffering from severe hunger and malnutrition. This is largely expected to occur throughout the Middle East and Africa.

Landscape for the Pulses Market

Nestle SA, Groupe Danone, Reckitt Benckiser Group Plc (RB), Abbott Laboratories Inc., Vitasoy International Holdings Ltd, Inner Mongolia Yili Industrial Group Co Ltd., Coca-Cola Co, General Mills Inc., Blue Diamond Growers, Kikkoman Corporation, Dr. Schär AG/SpA, Lactalis Groupe, Valio Oy, Post Holdings Inc., and Monde Nissin Corp. among others are some of the major players in the global pulses market.

Market players can face stiff competition from alternative protein sources such as soybeans, hemp, flax, nuts, and oilseed. In most countries, the price of pulses is also phenomenally high limiting their consumption, particularly in developing economies.

This is generally attributed to the presence of interim entities who seek to profit from the pulses trade and commerce. However, nowadays, consumers rely on platforms such as Big Basket, Amazon, and Grofers to purchase pulses. Moreover, growth is largely being sustained by e-commerce channels, despite the significant presence of conventional retail outlets.

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Key Segments in the Pulses Industry Report

By Product Type:

Dry Beans
Lentils
Faba Beans
Dry Peas
Chickpeas
Cowpeas
Bambara Beans
Pigeon Peas
Vetches
Others

By Nature:

Organic
Conventional

By Form:

Whole Pulses
Flour Pulses
Split Pulses

By End Use Application:

Business to Business
- Food & Beverage Industry
- Pharmaceutical Industry
- Cosmetic Industry
- Nutraceutical Industry
- Animal Feed Industry
Household Retail
- Store-based Retail
Hypermarkets or Supermarkets
Convenience Stores
Mass Grocery Retailers
Wholesale Stores
Departmental Stores
Food & Drink Specialty Stores
Other Retail Forums
- Online (e-commerce)
Food Service (HoReCa)
Institutional (Schools, Universities, etc.)
Others

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Author

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)

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

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Food Irradiation Market to Reach US$ 540.9 Million by 2033, with a 6% CAGR: Examining Technological Advancements

The global market for food authenticity testing services is predicted to reach US$ 10112.8 million by 2033, surpassing US$ 5893 million in 2023.

According to the report, access to pure and adulterant-free meals has been jeopardised in recent years. Both health-conscious customers and healthcare practitioners have been incensed by the prevalence of food adulteration, mislabeling, and hidden ingredient data.

Morbidities caused by the usage of substandard and contaminated products affect 57% of the world’s population on average. Furthermore, each year, roughly a fifth of the world’s food supply is polluted. Recognising this, governments have taken aggressive steps to mitigate the detrimental effects of food adulteration.

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Increasing consciousness among consumers has elevated the need for introducing clean-label, organic-based and naturally derived foods. Based on these developments, the global Food Authenticity Testing Services market is all set to experience an impressive upsurge in the coming years.

Key Takeaways from FMI’s Food Authenticity Testing Services Market Report

Global Food Authenticity Testing Services market is likely to expand at a noteworthy CAGR in the forthcoming decade
Asia-Pacific to emerge as the fastest expanding region for Food Authenticity Testing Services attributed to a large population base
High incidence of meat consumption to provide traction to meat speciation authenticity tests
Economically Motivated Adulterations (EMA) compelling governments to impose tough legislations to keep food adulteration in check
PCR-based tests are expected to retain their popularity due to quick delivery of test results
Processed foods testing is expected to acquire surging popularity due to high demand

COVID-19 Impact Insights

The COVID-19 pandemic presents an exceptional and unprecedented challenge for competent authorities with responsibilities for national food safety control systems. As consumers resort to consuming health and immunity boosting foods, demand for clean-label products is rising exponentially.

While nationwide lockdowns and social distancing measures have limited laboratory testing capacities, it has not fully ceased as chances of food adulteration are maximum during this time period. Unscrupulous traders are prowling the market with the objective of flooding it with adulterated food products.

Thus, leading players have revised growth forecasts to demonstrate that the market is expected to remain afloat albeit at lower projections and reduced revenue margins. Growth is expected to be restored to normal levels in the post-pandemic scenario, once lockdowns are eased following a decline in infection rates.

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Leading Food Authenticity Testing Services Market Players

Some leading players in the global Food Authenticity Testing Services market include ALS Ltd., EMSL Analytical Inc, Genetic ID NA Inc., Eurofins Scientific SE, Merieux NutriSciences Corporation, Intertek Group PLC, Microbac Laboratories Inc., SGS SA and Romer Labs to name a few.

The aforementioned players employ a combination of tactics such as product launches, technological advancements, strategic acquisitions and expansion of research facilities in untapped markets.

ALS Ltd., for instance, offers a wide range of testing and analysis with respect to ascertaining food quality. Its Food Authenticity Testing Services tests incorporate meat speciation through the ELISA/PCR testing techniques, halal verification and genetically modified foods. It also offers testing for detecting contaminants and allergens.

In May 2016, Intertek established its AgriTech laboratory in Hyderabad, India to perform DNA-based testing of various agricultural products. Simultaneously, the company unveiled its advanced ScanBi DNA technology.

Key Segments

Food Tested

Meat & Meat Products
Dairy & Dairy Products
Processed Foods
Other Food Tested

Target Testing

Meat Speciation
Country of Origin & Ageing
Adulteration
False Labelling

Technology

PCR-Based
Liquid Chromatography-Mass Spectrometry (LC-MS)
Isotope
Immunoassay Based/ELISA
Other Technologies

Region

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

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Key Questions Answered in the Report

What are the growth prospects of Food Authenticity Testing Services market?

The global Food Authenticity Testing Services market is slated to record largely positive growth, experiencing a healthy CAGR throughout 2020-2030. Growth is primarily being underpinned by surging demand for clean-label and adulterant free foods across lucrative markets.

Which is the largest market for Food Authenticity Testing Services players?

Asia-Pacific is slated to emerge as the most lucrative revenue generator, attributed to a large population base. Majority of food testing demand is likely to be stimulated from China and India, the world’s most densely populated countries. This is because the prevalence of food adulteration is maximum across these countries.

Who are the leading Food Authenticity Testing Services market players?

Presently, the global Food Authenticity Testing Services market is interspersed with the presence of the following market players: EMSL Analytical Inc, Genetic ID NA Inc., Eurofins Scientific SE, Merieux NutriSciences Corporation, Intertek Group PLC, Microbac Laboratories Inc., SGS SA and Romer Labs. The aforementioned players employ a combination of tactics such as product launches, technological advancements, strategic acquisitions and expansion of research facilities in untapped markets.

Author

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)

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

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Coconut Water Market Poised for Steady Growth with a CAGR of 10.5% by 2030: Insights into Market Dynamics

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Coconut Water Market. The report features insights into the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2020 to 2030.

Future Business Insights’ research team is gathering data and conducting market studies in order to generate various Coconut Water Market estimates and predictions on a regional, national, and international scale. They investigated the Coconut Water Market and produced trustworthy and relevant insights by applying a number of business information sources, such as market statistics and merger estimates.

Because health-conscious clients choose natural, hydrating beverages, the market for coconut water is expanding rapidly. Coconut water is particularly popular due to its revitalising flavour, electrolyte content, and potential health advantages. As consumers become more aware of the nutritional benefits of the beverage, manufacturers are developing novel variations, propelling market growth in a number of countries throughout the world.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

Tropicana Products, Inc., a Bradenton, Fla.-based division of PepsiCo, introduced Tropicana Coco Blends.

Segmentation

Nature

Conventional
Organic

Application

Food
Bakery & Confectionery
Breakfast Cereal
Dairy Products
Sauces and Salads
Other Food Products
Beverages
Alcoholic Beverages
Tea & Coffee
Other Beverages
Cosmetics & Personal Care
Skin Care
Hair Care
Nutraceutical
Animal Feed & Pet Food
Retail

Flavour

Unflavored/Original
Flavored

Sales Channel

B2B/Direct
B2C/Indirect

Global

North America
Latin America
Europe
East Asia
Southeast Asia and Pacific
Middle East and Africa

Frequently Asked Questions

What is the size of the overall Coconut Water Market in the Food and Beverage Market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Coconut Water Market in the Food and Beverage Market, and how they are expected to impact the market?
What are the attractive investment opportunities within the Coconut Water Market in the Food and Beverage Market?
What is the Coconut Water Market in the Food and Beverage Market size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Coconut Water Market in the Food and Beverage Market?
What are the recent trends in Coconut Water Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Coconut Water Market in the growth of the Food and Beverage Market?
What are the key market trends impacting the growth of the Coconut Water Market in the Food and Beverage Market?

Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources. We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players. Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Coconut Water Market Outlook & Key Findings

Future Market Insights (FMI) forecasts positive growth for global coconut water market at a CAGR of 10.5% between 2020 and 2030
Consumer preferences are shifting towards natural beverages hence big manufacturers are offering packaged coconut water drinks and beverages to gain traction
Over 70% of coconut water accounts for original/ unflavored. Despite availability in various flavors, regular coconut water will remain consumer favorite, accounting for nearly one-fourth of the market, finds FMI

Author

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)

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

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube