Yeast Beta Glucan Market Noteworthy Developments and Global Dynamics 2034 | FMI

Yeast Beta Glucan Market
Yeast Beta Glucan Market

The yeast beta glucan market is expected to surge at 5.1% CAGR, reaching US$ 991.5 million by 2034. This growth is propelled by a heightened awareness of overall well-being, underscored by the harmonious integration of natural ingredients and sustainable practices.

The yeast beta glucan market is witnessing dynamic growth fueled by the escalating demand for natural, functional, and sustainable ingredients across diverse industries. Rising product demand in applications such as animal feed and functional food is anticipated to be a key market driver over the projected period.

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The need for functional foods is growing worldwide due to several variables, including the surging elderly population and increasing prevalence of chronic diseases. Women and children are most likely to have low immunity, particularly in developing nations. The market for products that help increase immunity is predicted to rise due to growing consumer knowledge of health issues.

Preventive regimens are becoming increasingly popular among consumers, as opposed to post-treatment drugs. By 2034, product innovations, especially in the nutrition sector, are expected to fuel demand for medications and nutraceuticals containing yeast beta glucan.

Robust research & development activities and collaborations among key players underscore a commitment to unlocking new applications and formulations. With a focus on sustainability and clean-label preferences, yeast beta glucan is poised to play a pivotal role in shaping the future of health-centric and eco-conscious industries.

“Despite the product’s excellent nutritional value, its compatibility with other culinary ingredients is difficult for manufacturers. Furthermore, it is challenging for manufacturers to reduce the chance of deterioration and maintain the nutritious composition during processing.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Yeast Beta Glucan Market Report:

  • The yeast beta glucan market is projected to grow at a CAGR of 5.1% during the forecast period.
  • The United States yeast beta glucan market is expected to reach US$ 166.1 million by 2034.
  • Based on type, the 1,3-glucan segment is expected to hold a market share of 51.2% in 2024. 
  • China is expected to surge at a CAGR of 8.1% from 2024 to 2034.
  • The United Kingdom is projected to rise at 5.1% CAGR through the forecast period.

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Competitive Landscape

Key Companies Profiled

  • Cargill, Incorporated
  • EMD Millipore
  • Lallemand, Inc.
  • Van Wankum Ingredients
  • Biorigin
  • Angel Yeast Co., Ltd.
  • Kerry Group plc
  • Leiber
  • Lesaffre Human Care
  • Specialty Biotech Co., Ltd.

Key companies are expanding their product portfolios and employing advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the yeast beta glucan market.

 For instance,

  • In 2020, Angel Yeast expanded its yeast beta glucan production capacity, responding to escalating product demand.
  • In December 2020, Lallemand Bio-Ingredients expanded its beta glucans portfolio by acquiring Biotec BetaGlucans (BBG), a subsidiary of ArticZymes Technologies.

Yeast Beta Glucan Market Segmentation by Category

By Type:

  • 1,3-glucan
  • 1,6-glucan

By Form:

  • Soluble
  • Insoluble

By End-use Application:

  • Food and Beverage Industry
  • Cosmetics and Skincare Industry
  • Animal Feed Industry
  • Agriculture Industry
  • Pharmaceutical

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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.

 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
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Unveiling Developments in the Soybean Meal Market and Global Prospects 2034 | FMI

Soybean Meal Market
Soybean Meal Market

Global soybean meal market sales are expected to reach US$ 98.6 billion by 2024. The market is projected to register a 4.8% CAGR and reach a valuation of US$ 157.8 billion by 2034.

Regular soybean meal feed to dairy animals such as cattle and buffalo is the key factor driving the market’s growth. Regular consumption of soybean meal helps dairy farm animals to produce milk that is more nutritious.

Soybean meal is given to ruminants and poultry for weight gain to meet the increasing demand for meat worldwide. Furthermore, soybean meal is being used as an ingredient in several goods by pharmaceutical companies, which is expected to push the market for soybean meal.

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The market is expected to witness high growth during the forecast period, with Asia Pacific being a significantly flourishing region. The increasing demand for soybean meal, especially in the animal feed and food industries, is a key factor driving the market’s growth.

Key Takeaways from the Report: 

  • The global soybean meal market is expected to reach a valuation of US$ 157.8 billion by 2034.
  • The market is projected to surge at a CAGR of 4.8% over the forecast period.
  • The United States is projected to attain a market valuation of US$ 22.7 billion by 2024.
  • The feed application segment is estimated to hold a market share of 48.0% in 2024.
  • India is estimated to surge at a CAGR of 5.5% during the forecast period.

“The food industry uses soybean meal for both human and animal feed. The growing number of livestock that are fed soybean meal, as well as the health advantages of this food that is high in protein, are the primary factors of the surging demand for soybean meal,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

Key players with a wide range of expertise are directed toward research & development, environmentally friendly sourcing, and novel formulations. Leading players are prioritizing ecologically conscious methodologies, product certifications, and meeting the growing need for natural & sustainable feed ingredients. They are also focusing on quality, innovation, and catering to customer preferences to maintain their market position and take advantage of the rising demand.

Key Companies Profiled

  • UFAC-UK
  • The United Soybean Board (USB)
  • Satavie
  • SoyKitty
  • Afrizon Pte Ltd.
  • Mamta Hygiene Products Pvt Ltd
  • Guru Soya Foods Pvt. Ltd.
  • Delta Equities LLC
  • Prorich Agro Private Limited
  • The Delong Co., Inc.

For instance,

  • In 2023, UFAC-UK launched a new partial soybean meal replacement for dairy diets. This meal aims to increase yields, solids, and feed conversion efficiency (FCE) while lowering dependency on imported soy.
  • In 2022, The United Soybean Board (USB) and The Yield Lab Institute launched the Soy Innovation Challenge to increase the value of soybean meal and explore new uses.

Get More Valuable Insights

Future Market Insights (FMI) has released an objective assessment of the global market, presenting past demand data from 2019 to 2023 and projecting forecast statistics for the 2024 to 2034 period.

The study provides compelling insights into the soybean meal market segment based on product type (full-fat soybean meal, defatted soybean meal, and high-protein types), application (feed, fertilizers, food additives, and others), nature (organic and conventional), and region.

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Soybean Meal Market Segmentation by Category

By Product Type:

  • Full-fat Soybean Meal
  • Defatted Soybean Meal
  • High-protein Types

By Nature:

  • Organic
  • Conventional

By Application:

  • Feed
    • Aquaculture
    • Livestock
    • Pet Food
  • Fertilizer
  • Food Additive
  • Others

By Region:

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

About Future Market Insights (FMI)

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

 Contact Us:

Nandini Singh Sawlani
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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Pre-mixed/RTD Alcoholic Drink Market Developments, Players, and Global Ventures 2034 | FMI

Pre-mixed RTD Alcoholic Drink Market
Pre-mixed RTD Alcoholic Drink Market

The pre-mixed/RTD alcohol drink market is expected to be valued at US$ 35,321.40 million in 2024. The market is expected to progress at a moderate rate over the forecast period, with a CAGR of 4.8%. By 2034, the value of the market is forecast to be worth US$ 56,652.70 million.

A significant shift in consumer lifestyle and growing demand for beverage options are moving manufacturers toward an innovative approach. In addition to the taste, the effort required to mix and make traditional drinks to one’s liking is also influencing the consumers’ decision. In steps, pre-mixed/RTD alcoholic drinks reduce the burden of making drinks on the part of consumers and afford a more convenient drinking experience.

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Ready-to-drink alcoholic beverages make available to consumers a bevy of options. Variants like low-calorie and low-alcohol concentration drinks make sure the market’s consumer base is wide. Experimentation with varied flavors and textures is also helping premixed alcoholic drinks expand their consumer base. However, a rigid bias for traditional drinks among consumers is likely to hinder market growth.

“The rise in socializing and weekend drinking culture, cocktail culture has also emerged as people are looking to mix it up when it comes to their alcohol intake. Pre-mixed cocktails provide a readymade solution to consumers, not having to head out to bars or make the cocktail at home. Thus, pre-mixed popular cocktails like margaritas represent a significant opportunity for the market,”– Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Pre-mixed/RTD Alcohol Drink Market

  • The pre-mixed/RTD alcohol drink market is anticipated to be US$ 35,321.40 million in value in 2024.
  • Spirit-based beverages are the popular form of pre-mixed alcoholic drinks. For 2024, spirit-based premixed drinks are expected to contribute to 42.0% of the market share.
  • Pre-mixed/RTD alcohol drinks are predominantly sold through stores. Store-based selling is expected to account for a 67.8% share of the market in 2024.
  • Germany is one of the promising countries in the market. The CAGR for Germany over the forecast period is anticipated to be 11.8%.
  • India is poised to be a lucrative Asian country for the pre-mixed drinks market. For the 2024 to 2034 period, the CAGR for India is pegged at 9.8%.
  • The market is expected to register a CAGR of 8.3% in the United States over the forecast period.

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Competition Analysis of the Pre-mixed/RTD Alcohol Drink Market

Players in the non-alcoholic ready-to-drink beverages sector are vying for market share, often through partnering with reputable alcohol brands. Extensive testing and research are being conducted to develop innovative products that ensure the market players stay caught up in the dynamic industry landscape. Some of the prominent companies in the market include Diageo plc., Asahi Breweries, Ltd., Suntory Holdings Limited, and Halewood International Limited.

Recent Developments in the Pre-mixed/RTD Alcohol Drink Market

  • In December 2023, Coca-Cola made its entry into the Indian pre-mixed/RTD alcoholic drinks market with the launch of Lemon-Dou.
  • In October 2023, Diageo added the Ketel One vodka espresso martini, the Ketel One vodka cosmopolitan, and the Tanqueray gin negroni to its range of premixed cocktails.

Key Companies in the Pre-mixed/RTD Alcoholic Drink Market

  • Diageo plc.
  • Asahi Breweries, Ltd.
  • Suntory Holdings Limited
  • Halewood International Limited
  • The Brown-Forman Corporation
  • Bacardi Limited
  • Mike’s Hard Lemonade Co.
  • Pernod Ricard SA.
  • Anheuser-Busch InBev SA/NV

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Key Segmentations For Pre-mixed/RTD Alcoholic Drink Market:

By Product Type:

  • High Strength Premix
  • Malt Based
  • Spirit Based
  • Wine Based
  • Hard seltzer
  • Other Alcoholic RTDs

By Distribution Channel:

  • Store Based
  • Mass Merchandisers
  • Online Retail
  • Bars, Pubs, and Clubs
  • Fine Dining Restaurants
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa (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
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Navigating Notable Developments in the Oats Market and Global Growth 2034 | FMI

Oats Market
Oats Market

The oats market size is poised to cross US$ 9,181.7 million in 2024 and is likely to attain a valuation of US$ 17,332.1 million by 2034. The oats industry is projected to develop at a CAGR of 6.6% from 2024 to 2034.

The players in the market are cognizant of how consumers are beginning to weigh sustainability more heavily when making decisions. Oats have emerged as a strategic asset for brands prioritizing sustainable sourcing and production practices, owing to their acknowledged low environmental impact. Conscious customers respond favorably to items that support the environment, which helps to promote oat-based products as ethical options.

Growing knowledge of celiac illness and gluten sensitivity is propelling the oats market’s explosive rise. Oats are a great option for people actively looking for gluten-free alternatives to traditional grains because of their natural gluten-free status. Product portfolios are being restructured by this trend, which is an adaptation to changing dietary preferences. Oat-based and gluten-free goods are becoming increasingly popular.

The rising trend of healthy snacking presents opportunities to innovate oat-based snacks. Granola bites, energy bars, and other savory oat-based snacks are handy, nutrient-dense oat snacks that can capitalize on the market for on-the-go snacking by offering customers healthier options without sacrificing flavor.

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Key Takeaways from the Oats Market Report:

  • The rolled oats product type segment occupied 35.1% of the market shares in 2024.
  • The conventional nature segment captured 87.5% of the market share in 2024.
  • The market size in the United States is projected to rise at a 4.9% CAGR through 2034.
  • The market size in Germany is anticipated to develop at a 1.4% CAGR through 2034.
  • The market size in the United Kingdom is estimated to surge at a 2.6% CAGR through 2034.
  • The market size in France is expected to thrive at a 7.2% CAGR through 2034.

“Success in the dynamic oats market requires a sophisticated grasp of the wide range of customer tastes, constant innovation, adherence to regulations, and tactical alliances in line with health trends. To successfully cruise this changing environment, it is important to stress the necessity for a holistic strategy that incorporates flexibility, inventiveness, and a commitment to sustainability.”-Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

The oats market is fiercely competitive. Industry titans like Quaker, General Mills, and Kellogg lead the competitive oats market, which is attributable to their wide distribution and well-known brands. Swift firms that focus on trends like organic and gluten-free oats simultaneously disrupt the market with innovation. The competitive dynamics are defined by diversification into beverages and snacks, strategic partnerships, and an increasing focus on sustainability.

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Recent Developments

  • In October 2023, Post Consumer Brands’ Honey Bunches of Oats launched a fresh, imaginative campaign to remind customers that if they enjoy oats, they’ll love them even more in bunches. Produced by Carmichael Lynch, the brand’s creative AOR, the fully integrated campaign, which runs through 2024, features national TV, social media, and digital content and elevates Bunches of Oats with a healthy dose of sardonic comedy.
  • In August 2023, Quaker Oats, owned by PepsiCo, expanded its Oat So Simple line with the new Caramelised Biscuit flavor. The latest addition makes breakfast more convenient by being offered in both sachet and on-the-go pot styles.

Global Oats Market Segmentation

By Product Type:

  • Oat Groats
  • Whole Oats
  • Steel Cut Oats
  • Rolled Oats
  • Oats Flour

By End Use:

  • Breakfast Cereals
  • Bakery Products
  • Snacks & Savories
  • Others

By Distribution Channel:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Retail
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Cream of the Crop A2 Ice Cream Market’s Leading Developments, Players, and Worldwide Impact 2034 | FMI

A2 Ice Cream Market
A2 Ice Cream Market

Future Market Insights (FMI) thorough analysis of the global market for A2 ice cream shows that it is set to reach a valuation of US$ 180.0 million in 2024. The market is projected to expand at a CAGR of 7.2%, attaining a valuation of US$ 360.0 million by 2034.

Demand for A2 Ice Cream Market

Factors, including rising demand for healthier ice cream, are set to influence the A2 ice cream market. As more individuals become conscious of lactose intolerance, a common condition where they have difficulty digesting lactose, they seek alternatives. Consequently, A2 ice cream is considered a suitable option for individuals with lactose intolerance, thereby driving demand.

Consumers are seeking unique and indulgent flavor experiences, and A2 ice cream manufacturers are responding by offering a wide range of innovative flavors and combinations. This includes exotic fruit flavors, gourmet ingredients, and collaborations with renowned chefs & brands.

Advancements in distribution and delivery play a vital role in shaping the A2 ice cream market, with online ordering and delivery services becoming integral. Consumers can now access a variety of A2 ice cream products more conveniently. Sustainability is another key focus as companies strive to adopt eco-friendly packaging solutions to reduce their environmental impact.

The A2 ice cream market is expected to rise through the forecast period due to increasing consumer demand for healthier and easier-to-digest dairy alternatives. The market is further driven by factors such as rising health consciousness, growing lactose intolerance, and product advancements in the industry.

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“The market is growing as a result of increasing consumer demand for organic goods and rising awareness of animal welfare. The dairy market’s continuous research & development efforts are expected to propel the A2 ice cream market’s growth trajectory and present profitable prospects for industry participants in the forecast period,”- Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Report

  • The global A2 ice cream market is expected to reach a valuation of US$ 360.0 million in 2034.
  • The global market is projected to surge at a CAGR of 7.2% over the forecast period.
  • The United States is projected to attain a market valuation of US$ 138.6 million by 2034.
  • The chocolate flavor segment is estimated to hold a market share of 38.0% in 2024.
  • Japan is estimated to rise at a CAGR of 7.0% during the forecast period.

Competitive Landscape

The a2 Milk Company, Braum’s Inc., Alec’s Ice Cream, GoDesi Milk, Re: THINK, and Miller’s Bio Farm are the leading players operating in the market. Companies are improving the quality of their products to access a wider market by pursuing acquisitions and mergers. This is because pooling resources, experience, and clientele can open doors to fresh talent, manufacturing sites, distribution channels, and technology. Key players are introducing new products in the market to remain competitive and adapt to the shifting needs of their clientele.

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Leading Manufacturer of A2 Ice Cream:

  • The a2 Milk Company
  • Braum’s Inc.
  • Alec’s Ice Cream
  • GoDesi Milk
  • Re:THINK
  • Miller’s Bio Farm
  • UNITED FARMERS CREAMERY
  • APPLEBY FARMS ICE CREAM
  • MOO-ville Creamery
  • THAYUMANAVAR A2 DAIRY FARMS PVT LTD
  • Amos Miller Organic Farm
  • Highland Farms
  • PEI ORGANIC FOODS LLP

For instance, 

  • In 2023, Alec’s Ice Cream extended its distribution reach to more retailers, including Sprouts Farmers Markets and Natural Grocers, giving the company a place in the freezer aisle at more than 1,000 retailers.
  • In 2020, Re: THINK Ice Cream launched lactose-free ice cream with A2 dairy and collagen, catering to consumers who are averse to dairy but still want the traditional dairy ice cream experience.

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Get More Valuable Insights

Future Market Insights (FMI) brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2019 to 2034. The global A2 ice cream market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights into the A2 ice cream market segment based on flavor (vanilla, fruit flavor [strawberry, mango, orange], chocolate, maple, latte), packaging (cups, cones, tubs, and others), distribution channel (hypermarket/supermarket, convenience stores, departmental stores, wholesale stores, specialty health and wellness stores, independent retailers, specialty stores, pharmacies and drugstores and online retailers), and region

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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Revolutionizing Beauty of Vegan Collagen Market’s Innovations, Key Players, and Global Opportunities 2034 | FMI

Vegan Collagen Market
Vegan Collagen Market

According to Future Market Insights (FMI) analysis, the Global Vegan Collagen Market is expected to reach US$ 150.1 million in 2024. The market is projected to expand at a CAGR of 9.1%, reaching US$ 357.7 million by 2034.

A primary driver of the vegan collagen market is the growing inclination of consumers toward functional and naturally produced components. Vegan collagen is becoming increasingly popular as people seek ethical and ecological options. This is especially applicable in the health and cosmetic market.

The development of several forms of vegan collagen, including plant-based collagen peptides and fermentation techniques, has further propelled the market’s expansion. Multiple industries are incorporating vegan collagen into their products and services to gain traction.

Vegan collagen products are becoming popular as consumers seek plant-based collagen substitutes rather than animal collagen. The market also benefits from the increased awareness and adoption of vegan & cruelty-free lifestyles.

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Applications of vegan collagen have grown over time in several industries, including food, pharmaceuticals, nutraceuticals, cosmetics, personal care, and more. In the food sector, it is used in functional food and dietary supplements to enhance the body’s nutritional deficiency and skin health.

With the increasing demand for vegan collagen in cosmetic goods, the cosmetic market makes a substantial contribution to the market’s growth. The market provides a range of product types to meet the needs of different industries and consumers, such as liquid solutions, serums, gummies, capsules, and powders. The market offers growth opportunities for international expansion in unexplored markets and the development of innovative plant-based collagen sources.

Key Takeaways from the Report-

  • The global vegan collagen market is expected to reach a valuation of US$ 357.7 million by 2034.
  • The market is expected to surge at a CAGR of 9.1% over the forecast period.
  • The powder form is estimated to hold a market share of 75.4% in 2024.
  • Germany is estimated to have a value CAGR of 10.2% during the forecast period.
  • Japan is projected to surge at a CAGR of 7.5% through 2034.

“The global vegan collagen market is driven by increasing consumer preference for functional and naturally sourced ingredients in cosmetic & health supplement products. Developing several forms of vegan collagen and growing awareness & adoption of vegan and cruelty-free lifestyles are set to further fuel the market.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape: Leading Players and Recent Developments in Vegan Collagen Market

Following are the leading players operating in the market. Companies are improving the quality of their products and access to wider market by pursuing acquisitions and mergers. This is because pooling resources, experience, and clientele can open doors to fresh talent, manufacturing sites, distribution channels, and technology.

  • Revive Collagen
  • Golde
  • Pai Skincare
  • Unived
  • SMPNutra
  • Olena Health
  • OZiva
  • SENIORITY.IN
  • Rejuvenated
  • Raw Beauty Lab
  • NUTRICORE BIOSCIENCES PVT. LTD
  • HealthKart
  • Your Super
  • PlantFusion
  • Nutricore Biosciences Private Limited
  • Other Players

Launching new products can assist market players in staying competitive and accommodating the changing demands of their customer base. This allows leading companies to increase their market share while attracting new customers and retaining their existing base.

For instance, 

  • In 2022, Revive Collagen launched the world’s first clinically proven liquid vegan collagen supplement, which is claimed to mimic human type 1 collagen.
  • In 2023, Geltor introduced NuColl™, a new vegan alternative to animal-derived collagen for global hair care applications designed to improve hair smoothness, frizz, and volume control.

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Get More Valuable Insights

Future Market Insights (FMI) has released an objective assessment of the global market, presenting past demand data from 2019 to 2022 and projecting forecast statistics for the 2024 to 2034 period.

The study provides compelling insights into based vegan collagen market segment based on source (fruits, vegetables, algae and others), form (powder and liquid), application (nutraceuticals, pharmaceuticals, food industry and cosmetics), and region

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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Unwrapping the Chocolate Couverture Market’s Notable Developments and Global Prospects 2032 | FMI

Chocolate Couverture Market
Chocolate Couverture Market

The Chocolate Couverture Market is witnessing significant growth as the demand for premium chocolate products continues to surge worldwide. Couverture refers to high-quality chocolate with a high cocoa butter content, making it ideal for professional chocolatiers and confectioners. The market is driven by the increasing consumer inclination towards luxury and indulgence, coupled with the rising popularity of artisanal chocolates.

The global market for chocolate couverture is estimated to be close to $7.5 billion by the end of 2022. Chocolate Couverture sales are projected to increase at a CAGR of 4% to 5% during the forecast period 2022-2032. It is estimated that the increasing use of chocolate coatings in hotels, cafes and restaurants for the production of desserts, chocolate-based beverages, ice cream and others will boost demand in the world market.

Chocolate couverture is processed from the cocoa beans which contains an exceptionally high amount of cocoa butter. The specialty of chocolate couverture is attributed to the crystallization characteristics of cocoa butter. Basically, the processing or tempering of chocolate couverture involves a careful selection of crystals of cocoa butter which are inherently in the stable form and preserving them in the chocolate.

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Purists Trend Remolding Chocolate Couverture Market

Lately, a lot of focus is being laid on the provenance of the chocolate products. Hence, chocolate couverture from single-origin such as Ghana and Côte d’Ivoire have gained traction in the chocolate couverture market. Industrial chocolate couverture manufacturers are focusing on strengthening their trade relations with major cocoa producing countries.

The demand from the foodservice sector who are increasingly featuring gourmet and pure chocolate based cuisines is also expected to drive the demand for chocolate couverture. Chocolate couverture decorations have become an essential part of the chefs’ aisle to attract consumers. Chocolate and confection manufacturers are increasingly emboldening the purity of dark chocolate as a part of their branding strategy which has led to a rise in demand for chocolate couverture as opposed to traditional chocolates.

The rise in personalized and theme-based chocolate confection has also paved a way for the growth of the chocolate couverture market. For instance, there has been an increase in demand for 3D printed chocolates which requires a very highs quality chocolate couverture. On the other hand, consumer pull towards health consciousness has caused many consumers to cut down chocolate confection products which may hinder the growth of the chocolate couverture market. This trend has also led to stagnancy in the overall chocolate market.

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Chocolate Couverture Market: Regional Analysis

Chocolate couverture manufacturers are focusing on expanding their presence in Asia, especially in regions such as ASEAN and India. Asian consumers’ growing focus on premium and high-quality chocolate coupled with their rising disposable income pave way for Asia to become the next powerhouse in the chocolate couverture market. In Eastern Europe, the chocolate couverture consumption is on the rise in regions such as Turkey and Poland. Turkish confectionery products have witnessed a significant growth in the confectionery market. Asia and Eastern Europe have also witnessed a rise in the number of artisanal chocolatiers, leading to an increase in demand for chocolate couverture.

Chocolate Couverture Market: Key Participants

Some of the market participants in the chocolate couverture market are:

  • Barry Calbaut AG
  • The Margaret River Fudge Factory
  • Struben Couverture Chocolate Factory
  • Cocoa Processing Company Limited (CPC)
  • Von Geusau
  • Chocolats Marionnettes
  • Fardoulis Chocolates
  • Max Felchlin AG
  • ICAM
  • Chocolate Trading Company Ltd

The research report presents a comprehensive assessment of the Chocolate Couverture market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

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Chocolate Couverture Market Segmentation

The chocolate couverture market is segmented into type, nature, and end use and sales channel.

On the basis of form, the chocolate couverture market is segmented into-

  • Buttons/discs
  • Slabs
  • Blocks

On the basis of type, the chocolate couverture market is segmented into-

  • Dark
  • Milk

On the basis of nature, the chocolate couverture market is segmented into-

  • Organic
  • Conventional

On the basis of end use, the chocolate couverture market is segmented into-

  • Industrial/Food and Beverage Processing
  • Baked Goods
  • Confectioneries
  • Chocolate Confectioneries
  • Sugar Confectioneries
  • Ice Cream and Frozen Desserts
  • Beverages
  • Bakeries and Pastry Shops
  • Confectionery Shops
  • Restaurants and Hotels
  • Household (Retail)

On the basis of sales channel, the chocolate couverture market is segmented into-

  • Direct Sales/B2B
  • Indirect Sales/B2C
  • Intermediate/Bulk Distributors
  • Brick & Mortar Retailers
  • Online Retailers

About Future Market Insights (FMI)

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

 Contact Us:

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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HVDC Transmission System Market Forecasted to Hit US$ 27.4 Billion by 2034 at 9.2% CAGR

The HVDC transmission system market is expected to be valued at US$ 11.3 billion in 2024. The market registered a growth of 8.1% during the historical period and is projected to be invigorating from 2024 to 2034, with a CAGR of 9.2%. By 2034, the market value is forecast to hit US$ 27.4 Billion.

The market for HVDC transmission systems is expected to grow in the upcoming period due to the increasing demand for reliable and efficient transmission of electricity over long distances. HVDC transmission systems have proven to be an ideal solution for areas with high power demand but limited infrastructure, as they can transmit electricity with minimal losses over long distances.

The rising demand for renewable energy sources, such as wind and solar power, has resulted in the need for efficient transmission systems to deliver electricity from remote areas to population centers. HVDC transmission systems are well-suited for this task, as they can transmit large amounts of electricity over long distances with minimal losses.

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The increasing demand for electric vehicles and other forms of electric transportation drives the growth of the HVDC transmission systems market. As more and more vehicles become electric, there is a need for more efficient and reliable charging infrastructure, which requires the installation of HVDC transmission systems.

Key Takeaways from the HVDC Transmission System Market Report:

  • The global HVDC transmission system market is estimated to register a CAGR of 9.2% with a valuation of US$ 27.4 billion by 2034.
  • The HVDC transmission system solution segment is anticipated to dominate the market by registering a 63.4% share in 2024.
  • With a 43.2% market share, the LCC segment is likely to lead in the technology category in 2024.
  • The HVDC transmission systems market in the United States is estimated to register a growth of 6.1% through 2034.
  • Australia HVDC transmission systems market is leading with a promising growth of 12.7% from 2024 to 2034.

Competitive Landscape:
The HVDC transmission systems industry is highly competitive, with multiple competitors striving for greater market share. Companies are working to create sophisticated and creative technologies to increase the efficiency and reliability of HVDC networks. They are also investing in research and development to create environmentally friendly and energy-efficient HVDC transmission systems to meet the growing need for sustainable energy solutions. Some prominent companies in the market include ABB Ltd., Siemens AG, Toshiba Corporation, General Electric Co., Mitsubishi Electric Corporation, and ATCO LTD.

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Recent Development:
In 2021, Hitachi ABB signed a deal to build an interconnection enabling Saudi Arabia and Egypt to exchange up to 3000 MW of power. This project allows the 1350-kilometer-long connecting line to transport electricity across the Red Sea using overhead power lines and a subsea cable.

HVDC Transmission System Market Segmentation:

By System Component:

  • HVDC Transmission System Solution
    • AC & DC Harmonic Filters
    • Converters
    • DC Lines
    • Circuit Breakers
    • Others
  • HVDC Transmission System Services

By Technology:

  • LCC
  • VSC
  • Others

By Deployment:

  • Overhead
  • Underground
  • Subsea
  • Combination

By Power Rating:

  • Below 1000 MW
  • 1000 to 2000 MW
  • 2000 MW & above

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

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
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Product Information Management Market Eyes 21.20% CAGR, US$ 45,034.70 Million by 2034

The product information management market is poised for substantial growth, with a projected value surpassing US$ 45,034.70 million by the year 2034. This impressive expansion is anticipated to unfold at a commendable CAGR of 21.20% over the forecast period spanning from 2024 to 2034. The escalating demand for efficient management and dissemination of product information across diverse channels is identified as a key driver propelling the PIM market’s ascent.

As businesses increasingly recognize the importance of maintaining accurate and consistent product data for enhanced customer experience and streamlined operations, the PIM market is positioned as a critical solution. This forecasted growth underscores the market’s pivotal role in helping enterprises navigate the complexities of product information across their ecosystems, making it an integral component of modern business strategies.

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Global Product Information Management Market: Growth Influencing Factors

Several aspects influencing the growth of the global product information management market are studied and included in this research report. Various aspects such as the rising number of products coupled with the growing importance of reducing errors associated with product information, increasing focus on reducing time to market and improving sales efficiency, increasing demand for centralized data, rising adoption of product information management solutions in the retail sector, the emergence of digital asset management, rising requirements for data verification and authenticity, increasing consumer demand for advanced technology and increasing traction of digital transformation in the manufacturing, wholesale and retail sectors are pushing the growth of the global market. Moreover, benefits such as support in keeping track of customers and managing complex product data are also contributing to the growth of the global product information management market. However, certain aspects like lack of awareness, interoperability issues, high operating costs associated with deployment, long implementation time, and challenges associated with data integration are posing restraints to global market revenue growth.

Global Product Information Management Market: Competitive Scenario:
The report covers a competition analysis and has profiled companies such as SAP AG, IBM Corporation, Informatica, Riversand Technologies, Inc., Stibo Systems, ADAM Software, Agility Multichannel, Inriver, Inc., Pimcore, Salsify, Edgenet, CATSY, Censhare AG, Shotfarm, Akeneo and NetCracker.

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Product Information Management Market Segmentation:
The research report on the global product information management market covers an in-depth market segmentation that focuses on components, deployment, industry, enterprise type, and region.

By Component:

  • Software
  • Multi-Domain Product Information
  • Single-Domain Product Information
  • Services

By Deployment:

  • On-Premise
  • Software-as-a-Service (SaaS)

By Industry:

  • BFSI
  • Healthcare
  • Telecommunication and IT
  • Government
  • Retail
  • Transportation and Logistics
  • Manufacturing
  • Energy and Utility
  • Media and Entertainment
  • Others

By Enterprise Type:

  • Large Enterprise
  • Small and Medium Enterprise

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (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   

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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Core Banking Solution Market Eyes Robust 4.6% CAGR till 2027

The core banking solution market is poised for significant growth, with a projected steady CAGR of 4.6% from 2017 to 2027. This surge is indicative of the increasing reliance on advanced technology and digitization within the banking sector. Core banking solutions play a pivotal role in transforming traditional banking processes, offering a comprehensive suite of services that enhance operational efficiency, customer experience, and overall competitiveness for financial institutions.

As the global financial landscape continues to evolve, the demand for robust and integrated core banking solutions is expected to rise, driven by the imperative for streamlined operations, enhanced customer engagement, and compliance with regulatory standards. This positive trajectory underscores the pivotal role that technology plays in shaping the future of banking, positioning the core banking solution market as a key player in driving innovation and resilience within the financial services industry.

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Key Takeaways from the Core Banking Solution Market Report:
Key stakeholders in the core banking solution market would do well to focus their attention on emerging economies such as India whose governments are aggressively courting foreign direct investment and offering ample untapped opportunities. Increasing the footprint by expanding in emerging economies is naturally increasing the bank’s customer base and core banking solution vendors must provide accurate and fully featured products that enable banks to handle skyrocketing customer data coupled with banking operations.

Furthermore, financial institutions and large banks have flown the globalization wave and now offer 24/7 availability to their customers. Core banking solution providers can be beneficiaries of this by delivering one-stop centralized solutions that monitor the bank’s global network along with ensuring anytime, anywhere customer accessibility.

End Users – Banks Have Maximum Need of Core Banking Solutions:
Banks have the largest share in the core banking solution market and are likely to remain so for some time. Banks have a market attractiveness index of 5.0 by end-users, substantially more than that of financial institutions in the core banking solution market. The bank segment is predicted to grow with the highest CAGR of 5.6% from 2017 to 2027. Branchless banking is a new trend that should benefit the core banking solution market as it allows banks to cater to the requirements of their customers in far-off rural areas who are unable to access physical banks. This is particularly relevant in underserved emerging economies such as APEJ and Latin America.

Competition Dashboard in the Core Banking Solution Market:
The companies are SAP SE, Oracle Corporation, Infosys Limited, FIS (Fidelity Information Services), Tata Consultancy Services Private Limited, Misys, HCL Technologies Limited, Temenos Group AG, Capgemini, Infrasoft Technologies Ltd., IBM Corporation, Nelito Systems Ltd., COBISCORP, and Wipro Limited.

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Core Banking Solution Market Segmentation:

By End User:

  • Banks
  • Financial Institution
  • Others

By Component:

  • Software
  • Services

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • APEJ
  • Japan
  • 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   

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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