Market Research Blog – Page 3707 – New Product Development

Aloe Vera Extracts Market In-depth Insights, Revenue Details, Regional Analysis by 2033

The global aloe vera extracts market is estimated to register a CAGR of 6.5% during the forecast period. The market is predicted to secure a valuation of US$ 3.5 billion in 2023 and US$ 7.3 billion by 2033

Key Opportunities Upsurge the Global Market

Increasing Demand for Organic and Natural Products:Consumers’ growing demand for organic ingredients products in cosmetics, healthcare, and personal care. The demand for aloe vera extracts is widely used for healing and soothing properties in these industries.
Health and Wellness Trends:Rising demand for health benefits such as skin care, immune system, and digestive health increase the adoption of aloe vera extracts. By focusing on wellness and health, the end-use industries such as food & beverages and dietary supplements increased demand.
Cosmetic and Skincare Sector:The cosmetic and skincare industry is increasing the demand for aloe vera extracts due to their anti-aging properties, anti-inflammatory, and moisturizing properties. Consumers are growing their awareness to maintain their daily skin routine by adopting organic ingredients products based on aloe vera extracts.
Pharmaceuticals Applications:Aloe vera extracts are widely used for medicinal properties such as wound healing. Pharmaceutical companies are adopting aloe vera extracts to develop new products and formulations to drive global market opportunities.
Agriculture and Horticulture:Aloe vera is utilized in agriculture and horticulture practices to enhance soil health and crop yield. Aloe vera extracts find more acceptance to resist crop diseases fueling the market growth.
Global Expansion: Key companies are more concerned about healthy lifestyles and are increasing the global market opportunities to expand their business portfolio. Their geographical reach through natural and organic aloe vera extract products fuel the market revenue.
Research and Development Advancements:Key companies invest in research and development for better extraction techniques, formulations, and potentially lower costs.

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Key Takeaways

The aloe vera extracts market is estimated to secure a CAGR of 6.5% with a valuation of US$ 7.3 billion during the forecast period.
In the historical period, the market registered a CAGR of 2.4% with a valuation of US$ 3.3 billion in 2022.
The United States is predicted to capture a share of 25.6% of the global market by 2033.
With a share of 3.7%, Germany is significantly driving the global market during the forecast period.
Japan is estimated to capture a share of 5.2% in the global market by 2033.

How Key Players Are Innovating Products to Drive the Global Market?

The market is highly fragmented by the present players that heavily invest in research and development activities to carry out ideas to develop innovative products. These players are developing cost-effective, high-quality organic products by adopting the latest technologies. Manufacturers and suppliers also focus on expanding the global market by investing in organic and herbal products.

Key players try to offer sustainable and wellness products by following government regulations. These players are adopting several marketing methodologies to drive the market size. These marketing tactics are mergers, acquisitions, collaborations, and product launches.

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Recent Developments in the Global Market are:

In 2019, Aloe Farms announced implementing advanced technologies for aloe vera for better cultivation and processing. It allows them to maintain consistency and high-quality aloe vera products.

Aloe Vera Extracts Market by Category

By Product:

Aloe Vera Gel Extracts
Aloe Vera Whole Leaf Extracts
Others

By Form:

Gels
Powders
Capsules
Drinks
Concentrates

By End Use Industry:

Pharmaceutical
Food
Cosmetics

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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.
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Suite 401, Newark, Delaware – 19713, USA
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Animal Feed Additives Market – Notable Developments, Potential Players and Worldwide Opportunities 2034

The animal feed additives market is projected to increase from US$ 55,842.2 million in 2024 to US$ 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034.

The increased production of livestock has raised concerns about public health issues related to the use of antibiotics and the spread of foodborne diseases. As a result, probiotics or direct-fed microbials are gaining popularity in the animal feed market, as they promote gut health, overall productivity, and well-being in animals.

Probiotics also help control enteric pathogens and improve digestion and immune systems in animals such as cattle, ruminants, and poultry. Yeast-based probiotics are commonly used in swine, poultry, and ruminants.

Commercial probiotic-based animal feed additives usually contain microorganisms such as lactobacillus, streptococcus, bacillus, Pedi coccus, and Bifidobacterium. The demand for probiotics is expected to increase as the market shifts toward antibiotic-free meat. Adequate labeling of animal feed products is important to ensure safety and enable buyers to make informed choices.

Government regulations require proper labeling of feed ingredients, including complete lists of ingredients and nutrient levels. Balanced animal diets are crucial for livestock growth, development, and reproduction.

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Animals have varying dietary requirements, and the inclusion of proper animal feed additives is necessary to enhance nutritional content. Insufficient nutrients can lead to malnutrition and health issues in animals.

Farmers are increasingly incorporating sustainable methods and investing in research and development to produce high-quality animal feed additives that improve livestock yield and the quality of end products such as eggs and milk.

Key Takeaways:

The animal feed additives market in the United States held a significant value share of 5.2% in 2034. The market is driven by increasing livestock production in the United States and Mexico, and strict government regulations on meat quality and animal feed additives.
In China, the demand for animal feed additives is estimated to thrive with a CAGR of 2.5%, fueled by rising per capita expenditure on high-quality food products and increased disposable income.
Germany is expected to lead the animal feed additives market in Europe, with a CAGR of 2.8%, driven by the sales of ready-to-eat and packaged meat products and stringent food regulations.
India is a promising market with a transforming CAGR of 4.9%, driven by the increasing consumption of animal protein and rising disposable income.
Amino acids are the most preferred product type, accounting for a significant share of 33.1% in 2024, as they play a crucial role in muscle and tissue development, reproduction, and overall animal health.
Plant-based animal feed additives are gaining traction due to their medicinal, antimicrobial effects, and their ability to improve growth performance and enhance the flavor and odor of feed.

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Competitive Landscape

The animal feed additives industry is highly concentrated, with large global and regional companies present. In the face of fierce rivalry, the top five competitors, which include BASF SE, EVONIK INDUSTRIES AG, Cargill, Inc., Koninklijke DSM N.V., and Nutreco N.V., are expected to account for 30-40% of the overall market share.

In March 2021 Ajinomoto Co. joined forces with Pegasus Tech Ventures, a worldwide venture capital firm, to invest in Silicon Valley-based start-ups to capitalize on growing trends in the food and healthcare sectors. The collaboration is going to allow the organization to expand its geographical footprint to 16 sites worldwide.

Animal Feed Additives Market by Category

By Additive Type:

Antibiotics
Vitamins
Antioxidants
Amino Acids
Feed Enzymes
Feed Additives
Minerals

By Application Type:

Ruminants
Poultry
Swine
Aquatic

By Source Type:

Plant
Animal
Micro-organisms

By Region:

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

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Alternative Tourism Market to Reach US$ 133 Billion by 2032 | FMI

The alternative tourism market is estimated to reach US$ 98 Billion in 2022. As per the report, sales are forecast to increase at a robust 3% CAGR, with the market valuation reaching US$ 113 Billion by 2032.

People want to stand out, to do something different from what everyone else is doing, and to be recognised as unique individuals. Every year, the tourism sector promotes the same destinations to the travellers. People have done a lot of it already. A change from mass tourism to alternative tourism is occurring as a result of traveller’s constant search for novel experiences. This entails travelling to lesser-known destinations or undertaking activities that are uncommon for tourists, such as volunteering abroad or taking an unusual road trip. Alternative tourists have the perfect playground in cities that are now unspoiled by tourism.

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Alternative tourists frequently make more thoughtful decisions while making their vacation plans. They gain unique experiences, create priceless memories, and accomplish all of this in a way that is significantly more sustainable than when they participate in mass tourism. This has caused upsurge in the alternative tourism market as more and more travellers are searching more different but exciting options of travel. This trend is expected to continue in future times and hence, aid the growth of alternative tourism market.

“Government bodies taking constant efforts for uplifting the distinct types of tourism in their region while travellers wanting to explore new forms of tourism will help the sector’s growth” Says an FMI analyst.

Key Takeaways:

Based on Tourism type, Ecotourism is predicted to account for a dominant share of Travelers in the market through 2032.
By booking channel, the online booking segment is anticipated to hold a noteworthy share of nearly ~75%.
Based on packages, Alternative tourism will experience an upsurge in independent travelers.
In terms of age group, 36-45 years and 46-55 years will be the major participants of Social Tourism.
Based on packages, Alternative tourism travelers will continue to opt packaged deals over the normal travel deals.

Leading players in Alternative Tourism Market:

Eurostar
SNCF
Deutsch Bahn
FlixTrain
Trenitalia
Renfe
Bouteco
Kind Traveler
Responsible Travel
Wild Frontiers Adventures Travel
Wilderness Holding Limited
Beyonder Experiences
Intrepid
Explore Tours
Exodus Travels
G. adventures
On-the-go Tours
Maharashtra Tourism
Lupine Travel Company
Chornobyl Tours
Dark tourism
Young pioneer tours
Aero travels

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Alternative Tourism Market by Category

By Type, Alternative Tourism Market is segmented as:

Ecotourism
Dark tourism
Volunteer tourism
Rural tourism
Others

By Booking Channel, Alternative Tourism Market is segmented as:

Phone Booking
Online Booking
In Person Booking

By Tourist Type, Alternative Tourism Market is segmented as:

Domestic
International

By Tour Type, Alternative Tourism Market is segmented as:

Independent Traveler
Tour Group
Package Traveller

By Age Group, Alternative Tourism Market is segmented as:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

By Region, Alternative Tourism Market is segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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:

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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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Marine Electronics Market Gains Momentum with 5.3% CAGR, Eyes US$ 7.5 Billion by 2029

The marine electronics market was valued at US$ 5.2 billion in 2022 and is expected to reach US$ 7.5 billion by 2029, growing at a CAGR of 5.3% throughout that time. Increased demand for ships and boats as a result of increased industrialization and globalization is driving the expansion of the marine electronics industry.

The usage of marine electronics equipment has expanded as worries about search and rescue, safety and security, and help for the monitoring and navigation of maritime traffic have grown, governments in various countries are enacting various legislation mandating the installation of AIS in ships and boats, which is fueling the marine electronics market’s development.

The Defense Industry Continues to Be a Major Source of Revenue. The growing demand for marine electronics solutions in the defense industry is creating significant development prospects in the marine electronics market.

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The Coast Guard Office of Navigation Systems and the Coast Guard Research and Development Center are trying to enhance communication and navigation for continuous broadcast and autonomous systems to boost coastal safety and security. Furthermore, one of the primary reasons contributing to the growth of the marine electronics market is the defense sector’s continual research and development for the advancement of maritime navigation and communication.

Ocean carriage has seen tremendous popularity in European and Asian nations in recent years. India, China, Japan, France, and Germany are among the countries in these areas.

Key Takeaways from the Marine Electronics Market Report:

North America is expected to lead the global marine electronics market due to the increasing demand for recreational boating and fishing.
The U.S. is a prominent player in the marine electronics market, with product offerings that cater to both commercial and recreational segments.
China is considered to be a major growth market for marine electronics, as it has the world’s largest fishing fleet and a rising number of leisure boats.
Among different types of marine electronic devices, GPS navigation systems are expected to witness the highest adoption rate in the coming years.

SEA&P Likely to Soon Outpace Europe:
Based on application, the global marine electronics market is sub-segmented into merchant marine, fishing vessel, yachts/recreation, military naval, autonomous shipping, smart boats, and underwater drones. Among these, the underwater drones sub-segment is expected to witness a high growth rate during the forecast period, owing to the increasing adoption of underwater drones for a wide range of underwater operations and inspection activities.

In addition, based on geography, Europe is expected to dominate the global marine electronics market. However, in the next few years, the SEA and others of the APAC region are expected to surpass Europe to become the leading region in the global marine electronics market owing to the increasing marine activities and growing demand for advanced ships & boats in the countries of this region.

Impact of COVID-19:
The COVID-19 pandemic had a major influence on the marine industry as well as on seafarers. Companies manufacturing marine electronics were severely affected by the pandemic, with logistics management posing the most significant challenge.

Automated vehicles, which are on the verge of becoming mainstream, are presenting tremendous prospects in the industry, owing to rapid expansion in AI processing capabilities and better technology.

New-generation marine electronics with easy integration into systems are expected to facilitate companies to regain their market share over the coming years.

Competitive Landscape:
Companies producing marine electronics are continually focusing on providing advanced marine electronics products and solutions by leveraging the latest technologies to enhance and expand their product portfolio with innovations and technological advancements.

This continuous research & development by the defense sector is creating high competition among vendors for technological advancements in communication systems, thus contributing to the growth of the marine electronics market.

Navico
Furuno Electric
FLIR Systems
Raytheon Company
Wärtsilä SAM Electronics
SRT Marine Systems
Icom Inc.
Ultra Electronics
Thales Group
Northrop Grumman Corporation
Kongsberg Gruppen ASA

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Marine Electronics Market Segmentation:

By Component:

Hardware
- GPS & Radar Systems
- Multi-function Navigation
- Fish Finders/SONAR Modules
- Thermal & Visible Cameras
- Marine Electrical Screeners
- Marine VHF Communication Devices
- Audio/Video Equipment
- Marine Autopilots
- Autonomous Identification Systems
- Analogue & Digital Communication Displays
- Satellite TVs
Software

By Application:

Merchant Marine Electronics
Fishing Vessel Electronics
Yacht/Recreation Boat Electronics
Military Naval Electronics
Autonomous Shipping Electronics
Smart Boat Electronics
Underwater Drone Electronics

By Region:

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

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Bicycle Tourism Market Pedals Towards a 14% Annual Growth, Aiming for a Valuation of US$ 1291.3 Million by 2032 | FMI

As per a recent market analysis by Future Market Insights (FMI), bicycle tourism market is poised to reach a valuation of US$ 345.1 Million in 2022. Sales are projected to increase at a 14% CAGR, with the market size reaching US$ 1291.3 Million by 2032.

People around the world are getting more and more aware about the environment and looking for various ways to reduce the carbon footprint in order to save the degradation of environment. This has diverted people towards the use of bicycles, more sustainable mode of transport.

Bicycle tour is an efficient way of tourism which involves exercising while being fun and adventurous. After the pandemic era, people are also getting more health conscious and looking for options to be in shape along with feeding their desire to explore different parts of world.

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People want a break from their monotonous schedule after staying at their homes for a considerably high amount of time. The tour companies are coming up with new tour packages which include extra activities to satisfy the customer’s needs.

These packages are often preferred by tour groups wanting to utilize every bit of their energy to fulfil their hunger of tourism which include camping events, hiking events, yoga, meditation and many other activities. Furthermore, there has been a hike in the inflation after the pandemic and war which caused the increase in fuel prices and made the travellers choose bicycles as the primary mode of transport.

These factors has caused a tremendous impact on the bicycle tourism market by drawing traveller’s attention towards the benefits of utilizing bicycles as a mode of tourism. This trend is expected to grow in coming years as the need of sustainable travel and scarcity of fossil fuels will keep on rising.

“Rising awareness about sustainability and travellers getting more health conscious expected to boon the Bicycle tourism Market.“Says an FMI analyst.

Key Takeaways:

Based on type of tourism, Touring/ Expedition predicted to account for a dominant share of Travelers in the market through 2032.
By booking channel, the online booking segment is anticipated to hold a noteworthy share of nearly ~60%.
In terms of age group, demand in the youngsters in the age group 15-25 years and 26-35 years will continue gaining traction through 2032.
Based on packages, Bicycle tourism travelers will continue to opt tour group deals over the normal travel deals.

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Leading players in the Bicycle Tourism Market

Backroads
EcoBike
Escape Adventures
DuVine Adventures
Butterfield and Robinson
World Expeditions
Spice Roads
Exodus
Intrepid
G Adventures
Himalayan Glacier Adventure and Travel Company
Sarracini Travel
Arbutus Routes
Austin Adventures

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Bicycle Tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Bicycle Tourism by Type (Road Cycling, Mountain Biking, Family Cycling and Touring/Expedition) Booking Channel (Phone Booking, Online Booking & In Person Booking) Tourist Type (Domestic & International) Tour Type (Independent Traveller, Packaged travellers, Tour Group) Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, 56-65 Years, 66-75 Years) & Region – Forecast to 2017 – 2032.

Bicycle Tourism Market by Category

By Type, the Bicycle Tourism Market is segmented as:

Road Cycling
Mountain Biking
Family Cycling
Touring/Expedition

By Booking Channel, Bicycle Tourism Market is segmented as:

Phone Booking
Online Booking
In Person Booking

By Tourist Type, Bicycle Tourism Market is segmented as:

Domestic
International

By Tour Type, Bicycle Tourism Market is segmented as:

Independent Traveler
Tour Group
Package Traveller

By Age Group, Bicycle Tourism Market is segmented as:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
56-65 Years
66-75 Years

By Region, Bicycle Tourism Market is segmented as:

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

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Digital Writing Instruments Market Gear Eyes US$ 2,288.5 Million Revenue, 9.4% CAGR by 2027

The digital writing instruments market is predicted to reach US$ 2,288.5 Million in value by 2027, with a CAGR of 9.4% from 2017 to 2027.

The report covers the demand analysis for various products in the digital writing instruments market along with an analysis of different segments associated with the market. According to the key outcomes of this market research, the global digital writing instruments market is expected to witness exponential growth in the coming years.

The growth is primarily driven by the preference of individuals toward advanced technologies and their dependency on them. The mobile and tablet market is also at its all-time high, which has in turn influenced the demand for digital writing instruments in the global market. The manufacturers are expected to make full use of the current trends and come up with innovative writing instruments, to attract more buyers.

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Digital Writing Instruments Market: Segmental Analysis:

Based on region, North America dominates the market with its expected market value of over US$ 850 Million by the end of 2027. However, in terms of growth rate, Western Europe has emerged as the leading region with a 10.2% CAGR during the forecast period.
Based on product type, digital pens and pencils are expected to remain a dominating segment throughout the forecast period, leaving behind digital stylus. However, the digital stylus segment is also expected to witness a relatively slow yet growing demand.
Based on device compatibility, tablets are the current leaders with a market size of over US$ 1,400 Million by the end of 2027. But in the coming years, smartphones and PCs/laptops are the segments that will increase the demand for digital writing instruments. Smartphones are expected to grow at a CAGR of 10.9% during the forecast period.
Among various types of applications in the global digital writing instruments market, the digital learning market has the highest market value of over US$ 800 Mn by the end of 2027. Whereas, digital scanning and art & design are expected to register a high growth rate during the forecast period.
The segmentation based on distribution channels shows that e-commerce will hold the highest market size by 2027, and retail stores are way ahead in terms of growth rate.

Digital Writing Instruments Market: Competitive Landscape

The report gives the strategic as well as development details of many key players in the global digital writing instruments market. Some of these companies, mentioned in the report are Dell Technologies, Moleskine Srl, Neo Smartpen Inc., FiftyThree, Inc., Luidia, Inc., Hewlett Packard, Lenovo Group, Acer Inc., Adonit, AsusTek Computer Inc., Apple Inc., Microsoft Corporation, Anoto Group AB, Wacom Co., Ltd., etc.

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Digital Writing Instruments Market Segmentation:

By Country:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

By Product Type:

Digital Pens/Pencils
Digital Styli

By Device Compatibility:

PCs/Laptops
Tablets
Smartphones

By Application:

Digital Scanning
Digital Learning
Art & Design
Gesture Recognition
Others

By Distribution Channel:

e-Commerce
Retail Stores

About Future Market Insights (FMI):

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Nandini Singh Sawlani

Ornithology Tourism Market Projected to Reach Over US$ 100.2 Billion by 2032 | FMI

As per a recent market analysis by Future Market Insights (FMI), Ornithology tourism market is poised to reach a valuation of US$ 59.7 Billion in 2022. Sales are projected to increase at a 5.2% CAGR, with the market size reaching US$ 100.2 Billion by 2032.

Initially regarded as a hobby, “bird watching” has grown significantly in significance today. The ornithology tourism industry is expanding due to a variety of factors. The number of bird watchers and their increasing interest in the field are the main drivers of the industry.

Additionally, a decline in the cost of bird watching tools like telescopes and binoculars and an increase in the quantity of documentaries about bird life are raising awareness, adding to birders’ interest, and boosting the number of effective methods for filming birds at a closer distance both when they are stationary and in flight. These elements further fuel the sector’s expansion.

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Additionally, wildlife photography contributes to the growth of ornithology tourism in many nations by highlighting the significance of bird watching. The growing awareness of the advantages of the indirect economy in many communities and nations, especially in the developing countries, is another factor promoting the growth of this sector. This industry is also impacted by the growing number of knowledgeable guides who mentor and stoke the passion of new birders. The ornithology tourism industry is also driven by government initiatives to draw birdwatchers and wildlife enthusiasts from various places.

Key Trends in Ornithology Tourism Market

As the world embraces sustainable and niche tourism experiences, one sector soaring to new heights is Ornithology Tourism. This specialized branch of ecotourism, centered around birdwatching, has witnessed a remarkable surge in popularity. Here are the key trends shaping the Ornithology Tourism Market:

1. Technological Integration: Advancements in technology have revolutionized birdwatching. Smartphones with high-quality cameras, bird identification apps, and GPS tracking have made it easier for enthusiasts to spot and document diverse bird species. Tour operators now leverage these tools to enhance the overall birdwatching experience.
2. Sustainable Practices: In the era of responsible tourism, sustainability is at the forefront. Ornithology Tourism is no exception, with a growing emphasis on conservation and ethical practices. Tour operators are increasingly collaborating with local communities and conservation organizations, contributing to habitat protection and supporting avian research.
3. Rise of Specialist Tours: Demand for specialized birdwatching tours is on the rise. Tour operators are curating experiences focused on specific bird species or unique ecosystems, catering to enthusiasts with specific interests. This trend reflects a shift from generic ecotourism to more targeted, immersive experiences.
4. Growing Popularity of Twitching: Twitching, the pursuit of actively seeking out rare bird species, is gaining traction. Ornithology Tourism now includes dedicated tours for twitchers, who are willing to travel great distances for the chance to add a rare bird to their life list. This trend has led to the creation of exclusive twitching tours and events.

“Increased Interest about bird watching along with wildlife photographers joining in as Ornithology tourists is expected aid the markets growth.” Says an FMI analyst.

Key Takeaways:

Based on age of tourists, 35-45 years and 46-55 years segment are predicted to account for a dominant share of Travelers in the market through 2032.
By booking channel, the online booking segment is anticipated to hold a noteworthy share of nearly ~75%.
Based on packages, Ornithology tourism travelers will continue to opt packaged deals over the normal travel deals.

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The leading players in Ornithology Tourism Market “

India Bird Watching
Junglelore Pvt Ltd
Yatra.com
Travel Tour World
National Geographic Partners
Shikhar Travels
Ranthambore natoinal park.com
Toehold Travel
Himalaya Birding
Nature trip
Tropical Birding
Rockjumper Birding Tours
Adventures by Disney
Victor Emanuel Nature Tours
WINGS Birding Tours
Eagle-Eye Tours
Naturalist Journeys
Field Guides Birding Tours
Road Scholar
G Adventures

Ornithology Tourism Market by Category

By Booking Channel, Ornithology Tourism Market is segmented as:

Phone Booking
Online Booking
In Person Booking

By Tourist Type, Ornithology Tourism Market is segmented as:

Domestic
International

By Tour Type, Ornithology Tourism Market is segmented as:

Independent Traveler
Tour Group
Package Traveller

By Age Group, Ornithology Tourism Market is segmented as:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
56-65 Years
66-75 Years

By Region, Ornithology Tourism Market is segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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

Video on Demand (VOD) Service Market Set to Reach US$ 183.93 Billion by 2031 with 8.5% CAGR

The video on demand (VOD) service market is poised for remarkable growth, with projections indicating a staggering valuation of US$ 183.93 Billion by 2031. This surge is anticipated to be driven by a robust CAGR of 8.5% from 2021 to 2031.

As technology continues to reshape the way we consume content, the demand for VOD services is experiencing an unprecedented upswing. Consumers are increasingly gravitating towards the flexibility and convenience offered by on-demand streaming platforms, empowering them to access a vast array of movies, TV shows, and original content at their fingertips. This forecast underscores the evolving landscape of the entertainment industry, emphasizing the pivotal role that VOD services play in shaping the future of global media consumption.

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Key Takeaways from the Video on Demand (VOD) Service Market Report:

The global video on demand (VOD) service market is estimated to register a CAGR of 8.5% during the forecast period of 2021-2031
Backed by the presence of leading service providers, the U.S. accounts for nearly 88% of revenue generated in North America
Rising streaming spending, enabling the U.K. to register a massive 17.9% y-o-y growth in 2021
Increasing user penetration supporting expansion in Germany and France
Spurred by rising smartphone penetration, Japan and South Korea will emerge as lucrative markets in East Asia

COVID-19 Impact Analysis on Video on Demand (VOD) Service Market:
The novel coronavirus (COVID-19) pandemic had a positive effect on the entertainment industry. A large number of consumers across the globe have increased their spending on the over-the-top (OTT) platform, which increased the number of subscribers for video streaming providers.

During the pandemic, the increased adoption of smartphones in developed economies presented significant prospects for video-streaming service providers. Subscribers can access video material from anywhere and at any time as a result of this. The fact that mobile network operators (MNOs) have hastened the rollout of mobile broadband and LTE, particularly in growing countries in the APAC and MENA regions, supports this.

Who is winning?
To ensure flawless streaming, VOD service providers have been experimenting with content concepts and technology. Amazon, for example, launched a live-streaming service for mobile and online applications in July 2020. Customers may edit and view videos live from their website or mobile app with this new interactive video service (IVS). This enables content creators and developers to provide a stable, low-latency live streaming experience across numerous watching channels and devices while maintaining video quality.

Leading Key Players:

Amazon.Com, Inc.
Apple, Inc.
Google, LLC.
Comcast Network
Dish Network
Sky UK Limited
Vudu
Intellian Technologies
Vudu
Hulu, LLC.
HBO Max (AT&T)
The Walt Disney Company
Viaplay (Nordic Entertainment Group)

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More Valuable Insights on Video on Demand (VOD) Service Market:
FMI’s report on the video on demand (VOD) service market is segmented into three major sections such as type (subscription video on demand (SVOD), advertising video on demand (AVOD), transactional video on demand (TVOD), and others), platform (smartphones/tablets, smart TVs, and laptops/PCs), and content type (videos/movies, sports, music, and kids), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the video on demand(VOD)service market.

Video on Demand (VOD) Service Market Segmentation:

By Content Type:

Subscription Video On Demand (SVOD)
Advertising Video On Demand (AVOD)
Transactional Video On Demand (TVOD)
Others

By Type:

Music
Video/Movie
Sports
Kids Content
Others

By Platform:

Smartphones/Tablets
Smart T.V
Laptops/PCs

By Region:

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

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Nandini Singh Sawlani

Glass Cosmetic Bottle Market Analysis: Industry Anticipated US$ 5.4 billion by 2032

Glass cosmetic bottles are containers typically made from glass and used for storing various cosmetic products such as lotions, serums, oils, perfumes, and more.

The global Glass Cosmetic Bottle Market is poised for a moderate but steady growth with a projected CAGR of 4.4% during the forecast period. As of 2022, the market is valued at a substantial US$ 3.5 billion. Looking forward, the global combined heat and power plant market is set to soar to a significant high, reaching an impressive market value of US$ 5.4 billion by 2032. This growth trajectory follows a historical CAGR of 3.6%, with the market starting at a solid valuation of US$ 3.4 billion in the base year.

The heightened desire for premium and opulent packaging solutions to elevate customer satisfaction has emerged as a compelling driver of increased product sales. As a result, this shift in consumer preferences is playing a pivotal role in reshaping the demand for cosmetic glass bottles within the cosmetic manufacturing industry.

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Growth Factors

The evolving lifestyles of the global population, coupled with an improvement in living standards and an increase in disposable income, are contributing significantly to the growing demand for cosmetics. This surge in demand is directly influencing the sales of cosmetic glass bottles.

A prime driver of the demand for cosmetic glass bottles is the desire for an enhanced personality, particularly in the context of the rising demand for perfume and cosmetic products. This trend is expected to have a favorable impact on the overall market for glass cosmetic bottles.

The heightened demand for premium and luxurious packaging, aimed at enhancing customer satisfaction, is identified as a key factor driving increased purchases of cosmetic products. This, in turn, is reshaping the demand dynamics for cosmetic glass bottles within the cosmetic manufacturing industry.

Key Players:

Heinz-Glas
Piramal Glass
Pochet
SGD-Pharma
Zignago Vetro
La Glass Vallee
Bormioli Luigi
Gerresheimer Group
Pragati Glass
Saver Glass
SGB Packaging Group
Stoelzle Glass Group
Vidraria Anchieta
Roma International Plc

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Competitive Landscape:

Leading manufacturers in the glass cosmetic bottle market are primarily focusing on expanding their product portfolios by launching innovative glass designs to attract more customers. They are offering glass bottles in a variety of shapes and capacities to meet consumer requirements. Some of the other market players are striving to join hands with a wide range of end-use industries to expand their presence worldwide.

Some of the recent developments in the glass cosmetic bottle market are –

In September 2020, Lumson, a prominent manufacturer of primary packaging for make-up and skincare based in Italy, launched two new glass bottles for foundations. Named Marylin and I-Conic, the new glass bottles have contemporary and sophisticated designs.
In January 2020, Verescence, a leading provider of eco-solutions for luxury bottles, declared the development of its first-ever safety glass bottles for What Matters, a French start-up that offers a novel way of consuming cleaning and personal hygiene, as well as skincare products. The company is aiming to reduce plastic consumption with this launch.

Key Segments Covered:

Closure Type

Capacity

Application

Region

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Telecom API Platform Market Targets US$ 28,201.2 Million Valuation by 2033, Driven by 16.7% CAGR Surge

The telecom API platform market is rapidly expanding, with a predicted CAGR of 16.7% from 2023 to 2033. This significant rise in CAGR above the 14.6% recorded between 2018 and 2022 highlights the growing trend of API-based communication solutions adoption. The considerable increase in market value, from US$ 6,002.3 million in 2023 to US$ 28,201.2 million in 2033, demonstrates increased demand for telecom API platforms as organizations seek to utilize seamless integration and communication capabilities to improve their services and customer experiences.

The market is critical to the telecoms sector because it serves as a basis for integrating and interacting with numerous services and applications. Telecom Application Programming Interfaces (APIs) facilitate the creation, of innovative services and solutions for service providers and users by allowing smooth connection across diverse software systems. The Telecom API platform market has grown significantly as demand for greater connectivity and digital services has increased, owing to the growing adoption of IoT, 5G technology, and the rising need for cloud-based communication services.

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The increased popularity of IoT devices and applications drives the Telecom API Platform market’s development. As the connected devices grow, APIs that enable communication and data exchange between these devices become increasingly important. Telecom APIs allow IoT devices to communicate with one another and with cloud platforms, opening up new opportunities for smart homes, industrial automation, and smart cities.

The industry has several constraints, such as security and privacy issues. The growing reliance on APIs for communication and data exchange raises the danger of cybersecurity risks and data breaches. Service providers must prioritize rigorous security measures to secure sensitive information and retain customer confidence.

Despite these obstacles, the telecom API platform market offers potential for growth and innovation. The introduction of 5G technology allows for quicker and more reliable connectivity, generating a desire for APIs that can use the capabilities of 5G networks to provide consumers with seamless experiences. Furthermore, there is potential to leverage APIs to create value-added services and personalized customer experiences, such as mobile payments, video streaming, and location-based services. Telecom API Platform vendors who can provide safe, scalable, and feature-rich solutions may benefit from the increasing need for increased connection and communication services in the ever-changing telecoms landscape.

Key Takeaways from the Telecom API Platform Market Report:

In the United States, the market is capturing a CAGR of 20.2% in 2022 during the forecast of 2022 in the global market.
United Kingdom is expected to record a substantial CAGR of 15.8% by 2033, owing to the rising usage of cloud-based communication services and the requirement for seamless interaction across software systems.
India’s CAGR of 17.5% demonstrates the country’s fast digital transformation as well as the rising popularity of Telecom API platforms for allowing enhanced communication solutions.
China’s CAGR of 19.1% demonstrates significant development, which may be ascribed to the country’s developing telecom infrastructure and increased demand for API-based services to support the country’s burgeoning digital economy.
Japan’s market has a compound annual growth rate of 1% as per the forecast for 2023 in the global market.

Competitive landscape:
The telecom API platform industry is hugely competitive, with several competitors contending for market share. Twilio, Nexmo (acquired by Vonage), Apigee (developed by Google Cloud), Tropo (acquired by Cisco), and Plivo are among the market’s leading players.

These businesses provide extensive API platforms that enable easy integration and communication across various software systems, hence meeting the diversified demands of service providers and developers. Each rival has distinct advantages, such as excellent developer tools, worldwide access, and a diverse set of APIs for phone, messaging, video, and IoT applications. The intense competition fosters continuous innovation and advancements, benefitting the telecom industry with robust and scalable API solutions.

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Recent Developments:

Twilio is a global leader in telecom API platforms, providing a powerful platform that enables developers to incorporate phone, message, video, and authentication features into their apps. Twilio has steadily grown its global reach and developer-friendly solutions, enabling organizations to improve customer engagement and communication globally.
Nexmo, now a subsidiary of Vonage, offers a complete API platform for SMS, phone, and authentication services. Enhancing API capability with AI-powered capabilities, allowing chatbot integrations, and boosting security measures to secure sensitive client data and conversations are among their recent improvements.
Apigee, now part of Google Cloud, provides a full-stack API management platform. Their research focuses on API analytics, monetization, and the seamless integration of API platforms with Google Cloud’s vast range of services.

Telecom API Platform Market Segmentation:

By Telecom Operator:

T1 Player
T2 Player
T3 Player

By Module:

Set-up
Monetization and Pricing Model
- Operator Share
- Vendor Share

By Region:

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

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