Autoclaves Market Set to Reach US$3.17 Billion Valuation by 2030

Autoclaves Market
Autoclaves Market

According to Future industry Insights (FMI) and a recent industry assessment, the worldwide autoclaves market size is predicted to reach US$ 3.17 billion by 2030, from its estimated US$ 2.09 billion in 2022. In 2021, gravity autoclaves will hold around 54.0% of the market value share in this product category.

In today’s healthcare landscape, the Autoclave Market stands at the forefront of ensuring the safety and integrity of medical instruments. With a diverse range of advanced sterilization solutions, this market segment is dedicated to meeting the stringent standards required for infection control in healthcare facilities worldwide.

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Key Features:

  1. Advanced Technology: The Autoclave Market leverages state-of-the-art technologies to deliver efficient and reliable sterilization processes. From steam sterilization to advanced vaporized hydrogen peroxide systems, these autoclaves offer a comprehensive range of sterilization options tailored to the specific needs of healthcare settings.
  2. Enhanced Safety: With a focus on patient and staff safety, autoclaves in the market are equipped with advanced safety features and protocols to ensure the effective sterilization of medical instruments while minimizing the risk of cross-contamination.
  3. Eco-Friendly Solutions: The Autoclave Market also prioritizes sustainability, offering eco-friendly sterilization solutions that minimize water and energy consumption, reduce waste, and promote environmentally responsible practices.
  4. Customized Solutions: Recognizing the diverse requirements of healthcare facilities, the Autoclave Market offers a range of customizable solutions, including various sizes, configurations, and automation options to suit the specific needs of different settings.
  5. Compliance and Validation: Autoclaves in the market adhere to stringent regulatory standards and undergo rigorous testing and validation processes to ensure compliance with industry regulations and guidelines, providing healthcare professionals with confidence in the sterilization process.

Competitive Landscape:

The key differential strategies followed by manufacturers are focusing on the introduction of new technologies, upgrading existing products, and strategic alliances, for the sale and promotion of their products globally. The companies are also entering into mergers and acquisitions with global players to expand their sales footprint and enhanced service to our customers and create additional value for the shareholders.

For instance:

  • In November 2020, Steris Corporation completed the acquisition of key surgical. The acquisition was carried out to strengthen, complement and expand STERIS’s product offering and global reach.
  • In October 2020, Steelco S.p.A. added a new compact model Steelco PL40 to its low-temperature sterilizer line, which is targeted at small clinics searching for an efficient system for reprocessing a wide variety of sensitive devices that cannot be sterilized with steam.

Key Companies:

  • Steris healthcare
  • Getinge AB
  • PHC Corporation
  • Shinva Medical Instruments Co. Ltd.
  • MELAG Medizintechnik GmbH & Co. KG
  • Astell Scientific
  • Consolidated Sterilizer Systems
  • Tuttnauer
  • Labtron Equipment
  • BMT Medical Technology S.R.O.
  • LTE Scientific
  • Belimed AG (Metall Zug)
  • Steelco S.p.A.
  • Priorclave
  • ZIRBUS technology GmbH
  • Rodwell Autoclave Company
  • Systec GmbH
  • Matachana
  • R. Espinar, S.L.
  • Benchmark Scientific
  • MMM Group
  • ERYIGIT Medical Devices
  • Hanshin Medical
  • Narang Medical Limited
  • Celitron Medical Technologies
  • Amerex Instruments, Inc.
  • Ningbo Ican Machines

Autoclaves Market by Category

By Product Type:

  • Gravity Autoclave
  • Vacuum-induced Autoclave

By Modality:

  • Floor standing
  • Bench Top
  • Wall Mounted
  • Portable

By Loading Type:

  • Top Loading
  • Front Loading
  • Pass-Through

By Chamber Type:

  • Cylindrical
  • Rectangular

By End-User:

  • Hospitals
  • Office-Based Clinics
  • Academic and Research Institutes
  • Research Laboratories
  • Pathology Laboratories
  • Biopharmaceutical Companies
  • Food and Beverages Companies

By Region:

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

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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

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

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Burma Tourism Market Anticipates a US$ 1.52 Million Upturn by 2032 | FMI

The Burma tourism market is poised to reach a valuation of US$ 1.02 Million in 2022. Sales are projected to increase at a 2% CAGR, with the market size reaching US$ 1.52 Million by 2032.

The Myanmar’s government has stated that it will invest 500 million USD to modernize its tourism infrastructure. The Asian Development Bank and the Norwegian government will work together to carry out the strategy.

Creating a Tourism Executive Coordination Board to house numerous tourism-related agencies is the cornerstone of the growth plan. New police infrastructure for tourists is also described in the plan. The 38 projects in Myanmar’s development plan are aimed at all forms of transportation. The Mandalay and Nay Pyi Taw airports’ capacities will be emphasized in order to promote greater air travel by tourists.

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The Bagan river port will have upgrades in order to attract more cruises. Of course, plans also call for adding extra highways in places with a high tourist density.

The Myanmar Tourism Master Plan has six strategy programs. The strategies include enhancing destination planning and management safeguards and procedures, enhancing human resource capacity and promoting service quality, developing high-quality goods and services, enhancing connectivity and infrastructure related to tourism, and enhancing the image, position, and brand of Tourism Myanmar.

There are a number of beneficial social effects of tourism. Tourism may have an impact on local residents’ life objectives and open up options for business ownership. Additionally, a brand-new tourism facility could boost the people’ capacity to impact various political issues. If the community is taken into account throughout the design process a more sustainable solution might be devised where customs and It is possible to incorporate customs and foster cultural pride. The inhabitants of the host country may feel more confident and proud of its inter cultural interactions.

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Key Takeaways:

  • The Covid-19 pandemic had a 100% impact on the value of the Burma Tourism market.
  • Cities like Mandalay and Yangon, religious sites in Bago, Pindaya, and Mon State, and nature trails in Putao, Kengtung, and Inle Lake are among the most visited places in Burma.
  • Leading players in the Burma Tourism market are estimated to account for approximately 1%-4% of the total market share.
  • By booking channel, the online booking segment is anticipated to hold a noteworthy share of 51%.
  • In terms of age group, demand in the 26-35 segment will continue gaining traction through 2032.
  • Based on tourist type, domestic tourist segment will remain high over the forecast period.

Who is winning?

Leading players of Burma Tourism are focusing on promotional strategies and advertising popular tourist destinations in Burma Tourism to improve sales in the market.

Major players present in the Burma Tourism market

  • EMH Tours & Travel group
  • Aitken Spence Travel
  • Intrepid Travel
  • Legend Travel
  • Asia Focus Travel and among others

Burma Tourism Market by Category

By Tourism Type:

  • Cultural & Heritage Tourism
  • Medical Tourism
  • Eco/Sustainable Tourism
  • Sports Tourism
  • Wellness Tourism
  • Others

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tourist Type:

  • Domestic
  • International

By Age Group:

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

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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Robotic Lung Biopsy Market Envisions a Milestone at US$1,023.05 Million by 2033

Robotic Lung Biopsy Market
Robotic Lung Biopsy Market

It is anticipated that the value of the global robotic lung biopsy market sales will rise from US$ 408.0 million in 2023 to US$ 1,023.05 million in 2033. The need for robotic lung biopsies is expected to rise at a 9.6% CAGR over the next ten years, from 2023 to 2033.

The Robotic Lung Biopsy industry is driven by several factors. This includes the minimally invasive nature of robotic lung biopsies, the growing demand for personalized medicine, and the increasing prevalence of lung cancer.

Robotic Lung Biopsy refers to a minimally invasive procedure performed using robotic-assisted technology to obtain tissue samples from the lungs for diagnostic purposes. It involves the use of a robotic system, typically controlled by a surgeon, to guide the biopsy needle to the targeted lung lesion.

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During a Robotic Lung Biopsy, the patient is placed under general anesthesia. The surgeon makes small incisions in the chest, through which robotic arms with specialized instruments and a camera are inserted. The surgeon controls the robotic system from a console, manipulating the instruments with precision and accuracy.

Lung cancer is one of the leading causes of cancer-related deaths worldwide. As the incidence of lung cancer continues to rise, there is a growing demand for advanced diagnostic and treatment methods. This includes Robotic Lung Biopsy, which can accurately diagnose lung tumors and guide treatment decisions.

Robotic Lung Biopsy procedures are minimally invasive compared to open surgical biopsies. They involve smaller incisions, reduced trauma to the patient, and faster recovery times. This less invasive approach appeals to both patients and healthcare providers, leading to increased adoption of Robotic Lung Biopsy techniques.

There is also a growing focus on personalized medicine, which aims to provide tailored treatment options based on individual patient characteristics. Robotic Lung Biopsy plays a crucial role in obtaining tissue samples for molecular testing, which helps identify specific genetic mutations or biomarkers that can guide targeted therapies.

The increasing demand for personalized medicine is expected to drive the growth of the Robotic Lung Biopsy industry during the assessment period.

Robotics is being increasingly integrated into various aspects of healthcare, including surgery and diagnostics. As the adoption of robotic systems in healthcare continues to expand, the global Robotic Lung Biopsy industry is set to expand at a robust pace.

Key Takeaways:

  • Global demand for robotic lung biopsies is projected to increase at 9.6% CAGR from 2023 to 2033.
  • The instruments and accessories segment is expected to progress at 10.9% CAGR through 2033.
  • Based on navigation technology, the fiber optic realshape navigation segment is expected to thrive at 10.4% CAGR.
  • The United States Robotic Lung Biopsy industry in the United States is predicted to reach US$ 648.1 million by 2033.
  • Robotic Lung Biopsy demand in the United Kingdom is forecast to expand at a CAGR of 8.2% through 2033.
  • The Robotic Lung Biopsy industry in China is expected to reach US$ 23.4 million by 2033.
  • Sales in Japan market are likely to soar at 9.7% CAGR from 2023 to 2033.
  • South Korea’s Robotic Lung Biopsy industry is projected to thrive at 5.5% CAGR during the forecast period.

Who is Winning?

There are several players competing for market share in the fiercely competitive Robotic Lung Biopsy market. Among other firms, important players in this market are Ethicon, Inc. (Johnson & Johnson) and Intuitive Surgical.

Key businesses are particularly spending money on research and development projects to develop innovative goods with increased effectiveness, dependability, and affordability. To fulfill evolving customer demands, they are also focusing on expanding their product line and supporting their end users.

Strategic partnerships and affiliations with other businesses are becoming more common in the industry, allowing firms to capitalize on one another’s strengths and increase their market share.

Leading firms also use consolidation and mergers to strengthen their position in the market and get access to new markets. In emerging markets, particularly in countries like China and India, the sector is notably expanding. To achieve a competitive advantage, they are concentrating on providing clients in these markets with cost-effective solutions.

Robotic Lung Biopsy Market Recent developments:

  • In February 2023, to quickly detect lung cancer, a new robotic platform was unveiled by Lee Health.

Key Players:

  1. Ethicon, Inc. (Johnson & Johnson)
  2. Intuitive Surgical

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More Insights Available:

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the Robotic Lung Biopsy market presenting historical data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

Robotic Lung Biopsy Market Segmentation:

By Product and Services:

  • System
  • Instruments and Accessories
  • Service

By Navigation Technology:

  • Electromagnetic and Optical Navigation
  • Fiber Optic RealShape Navigation

By End User:

  • Hospitals
  • Ambulatory Surgical Centers

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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

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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Advanced Packaging Market Demand: Industry Reaching US$ 61.3 Billion by 2033

Advanced packaging refers to innovative packaging technologies and techniques that go beyond traditional methods to enhance performance, functionality, and efficiency in various industries. These advanced packaging solutions often incorporate cutting-edge materials, processes, and designs to address specific challenges and requirements.

The advanced packaging market is poised for substantial expansion, with a projected compound annual growth rate (CAGR) of 7.2% expected between 2023 and 2033. In 2023, the market is anticipated to reach a valuation of US$ 30.5 billion, and it is projected to surge to a remarkable US$ 61.3 billion by the year 2033. This robust growth trajectory underscores the increasing significance of advanced packaging technologies in meeting the demands of ever-evolving semiconductor and electronics markets.

The semiconductor sector has experienced a constant evolution in integrated circuit packaging, driven by substantial demand from diverse industries. This evolution encompasses ongoing changes in product attributes, integration capabilities, and energy efficiency measures.

The redistribution method initially aimed at facilitating fan-in area array packaging when a limited number of chips were needed for the array. Over time, this methodology has played a pivotal role in advancing various innovative packaging technologies, including through-silicon via (TSV)-based interposers, wafer-level packaging, chip stacks, and fan-out packaging.

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Top Trends

In contrast to conventional semiconductor packaging methods, advanced packaging is experiencing a surge in global popularity. The ongoing miniaturization of electronic devices is a key factor propelling the worldwide escalation in advanced packaging sales.

The substantial adoption of micro-electromechanical systems (MEMS) is anticipated to further drive the demand for embedded die packaging solutions. While this technology isn’t new, its application has historically been specialized for niche uses due to its high cost and limited yield. Nevertheless, the forecast period holds significant potential for growth, with increased investments likely, spurred by advancements in Bluetooth and radio frequency modules, along with the emergence of WiFi-6 technologies.

Drivers:

  1. Increased Demand for Miniaturization:The demand for smaller, lighter, and more compact electronic devices is driving the need for advanced packaging technologies that can accommodate more functionality in a smaller footprint.
  2. Rising Need for Higher Performance:Advanced packaging allows for better thermal management and electrical performance, making it essential for high-performance applications like 5G, AI, and high-end computing.
  3. Consumer Electronics Boom:The proliferation of smartphones, wearables, and IoT devices has fueled the demand for advanced packaging solutions that offer improved power efficiency and compact form factors.
  4. Energy Efficiency:Advanced packaging methods can improve energy efficiency in electronic devices, which is a crucial consideration in applications like electric vehicles and renewable energy systems.
  5. Environmental Concerns:Eco-friendly packaging solutions, such as 3D packaging and chip stacking, are gaining prominence due to their reduced environmental impact.

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Key Players:

  • Amkor Technology Inc.
  • ASE Technology Holding Co. Ltd.
  • China Wafer Level CSP Co. Ltd.
  • ChipMOS Technologies Inc.
  • FlipChip International LLC
  • HANA Micron Inc.
  • Jiangsu Changjiang Electronics Technology Co. Ltd.
  • King Yuan Electronics Corp.
  • Nepes Corporation
  • Powertech Technology Inc.

Few of the recent developments

  • In October 2022, Amkor Technology declared their dedication to supporting initiatives in the Europe automotive sector. They are predicted to engage in enhanced semiconductor manufacturing in order to speed up the creation of technologies such as advanced driver assistance systems and infotainment for the automobile industry.
  • In August 2022, Intel Corporation, a USA-based maker of integrated circuits, announced that the Meteor Lake, Arrow Lake, and Lunar Lake processors were produced by utilizing Foveros technology. The latest high-end graphics processing units 9GPUs) were built using embedded multi-die interconnect bridge (EMIB) and cutting-edge Foveros technology.

Advanced Packaging Market Outlook by Category

By Type:

  • Flip Chip Scale Package
  • Flip Chip Ball Grid Array
  • Wafer Level Chip Scale Packaging
  • 5D/3D
  • Fan Out Wafer-level Packaging
  • Others

By End User:

  • Consumer Electronics
  • Healthcare
  • Industrial
  • Aerospace and Defense
  • Automotive
  • Other

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & 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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Single-Use Gastroscopes Market Charts a Path to a Projected US$ 807.8 Million Valuation by 2033

Single-use Gastroscopes market
Single-use Gastroscopes market

A recent market analysis by Future Market Insights (FMI) projects that the global single-use gastroscopes market sales will reach US$ 807.8 million by 2033 from an estimated US$ 167.2 million in 2022.

Gastroscopes are medical instruments used to examine the inside of a person’s digestive tract, specifically the esophagus, stomach, and duodenum. They consist of a long, flexible tube with a camera and light source at the end, allowing doctors to see the inside of the digestive tract and potentially identify any issues or abnormalities. Gastroscopes are typically used during a procedure called an esophagogastroduodenoscopy (EGD) which involves inserting the scope through the mouth and down into the digestive tract.

Disposable gastroscopes eliminate the risk of cross-contamination and reduce the need for sterilization, making them more convenient and cost-effective for healthcare providers. Some manufacturers have also introduced single-use disposable gastroscopes that are lightweight, portable, and easy to use.

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  • Gastroscopy device that is lightweight, portable, and easy to use is the ‘SlimView Gastrocam’. The SlimView Gastrocam is a cutting-edge gastroscopy system designed to provide efficient and comfortable examination of the gastrointestinal tract.

Manufacturers are investing heavily in research and development to create advanced gastroscopes that are more efficient, accurate, and patient-friendly.

  • For instance, In May 2023, FDA has approved the new EVIS X1 endoscopy system from Olympus Corporation, along with two gastrointestinal endoscopes that are compatible with it: the GIF-1100 gastrointestinal videoscope, which is intended for use in the upper digestive tract, which includes the oesophagus, stomach, and duodenum.

The global Single-Use Gastroscopes market has been experiencing steady growth in recent years due to several factors, including the rising prevalence of gastrointestinal disorders, an aging population, and advancements in endoscopic technologies

Overall, these factors are contributing to the growth of the Single-Use Gastroscopes market, and are expected to continue to drive demand for effective and innovative applications options in the coming years.

Key Takeaways:

  • GERD is the leading segment as application among patients and professionals, and held about 34.5% market share in 2022, gastroscopes allow doctors to directly visualize the inside of the esophagus and stomach, and to take biopsies or remove small tissue samples for further testing.
  • By end user, the hospitals dominated the global Single-Use Gastroscopes market withholding the total market share of about 46.4% by the end of 2022, owing to the convenience and ease of accessibility to new technological advanced applications.
  • By region, North America is leading in the global Single-Use Gastroscopes market with U.S. contributing around 94.5% value share to the regional market in 2022

“Increasing adoption of Single-Use Gastroscopes and growing awareness and diagnosis of the gastrointestinal diseases to create lucrative potential for the market to grow,” says an analyst at Future Market Insights (FMI).

Market Competition:

Major players in the single-use gastroscope market use partnerships, acquisitions, mergers, and other corporate growth strategies to expand their businesses. The focus of major players is on tactics like increasing sales and applying new technologies for the development of novel products.

  • In January 2022, Two of PENTAX Medical’s most recent inventions, the i20c video endoscope series and PENTAX Medical INSPIRA, have received CE certification. The new video processor, which was created with the needs of healthcare providers in mind, retains compatibility with current endoscope models from PENTAX Medical while also setting new benchmarks when used with the i20c video endoscope generation.
  • In April 2023, Boston Scientific acquired Apollo Endo-surgery. Apollo is involved in designing, development, and marketing of next-generation, less invasive medical devices. This acquisition will enhance Boston’s gastrointestinal therapeutic endoscopy and endobariatrics portfolio.

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Key Players:

  • Ambu A/S
  • Boston Scientific Corporation
  • Fujifilm Holdings Corporation
  • HOYA Corporation
  • Olympus Corporation
  • Pentax Medical
  • KARL STORZ SE & Co. KG
  • Medtronic
  • Others

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the Single-Use Gastroscopes market in its latest study, presenting a historical demand assessment of 2017 to 2022 and projections for 2023 to 2033. The global Single-Use Gastroscopes market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The research study is based on applications – (GERD, chronic gastritis, gastric ulcers, Barrett’s esophagus, others), end users — (hospitals, ambulatory surgical centers, specialty clinics, diagnostic centers) & across ten regions of the world.

Key Segments Covered:

By Application:

  • GERD
  • Chronic Gastritis
  • Gastric Ulcers
  • Barrett’s Esophagus
  • Others

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Diagnostic Centers

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Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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

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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Medical Devices Secondary Packaging Market Growth: Industry worth US$ 20,914 Million by 2033

Medical devices secondary packaging refers to the outer packaging used to protect and contain medical devices, such as implants, instruments, diagnostic equipment, and disposables, during storage, transportation, and distribution. While primary packaging directly contacts the device itself, secondary packaging provides an additional layer of protection, identification, and handling convenience.

The global medical device secondary packaging market is expected to be worth US$ 12,409.8 million in 2023, rising to US$ 20,914 million by 2033. The adoption of medical device secondary packaging is expected to surge at a stable CAGR of 6.1% over the forecast period.

Rising awareness about the importance of proper packaging in extending the shelf life of medical devices is also driving demand.

While the adoption of medical device secondary packaging is expected to experience significant growth, manufacturers are also facing several challenges. One of the prominent challenges is meeting stringent regulations and compliance requirements to ensure the safety and integrity of medical devices.

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Growth Factors

The demographic shift toward an increasingly aging population has brought about a concomitant surge in chronic diseases. This demographic trend is spurring a heightened demand for medical devices, including pacemakers, stents, and artificial joints. Consequently, there is a growing need for sophisticated packaging solutions to guarantee the safety and integrity of these critical devices.

Continual advancements in medical technology have given rise to a slew of new medical devices. With each introduction, manufacturers are compelled to invest in advanced Medical Devices Secondary Packaging solutions. This investment becomes crucial to safeguard these cutting-edge devices during transportation and storage, ensuring they reach end-users in optimal condition.

Moreover, the rising preference for minimally invasive surgical procedures is another factor propelling the demand for effective Medical Devices Secondary Packaging. As these procedures become more prevalent, the packaging industry plays a pivotal role in meeting the specific requirements for protecting and preserving the integrity of minimally invasive medical devices.

Key Takeaways from the Medical Device Secondary Packaging Market:

  • The paper and paperboard market is predicted to account for US$ 14,293.2 million by 2032 and to grow at a 5.5% CAGR throughout the projection period.
  • During the projection period, the plastic segment is expected to offer a growth potential of US$ 6,620.8 million. In 2022, the boxes sector accounted for about 30% of the market. This category is also predicted to rise at a healthy 5.5% CAGR throughout the projection period.
  • Folding cartons are expected to represent an incremental potential of US$ 1.9 billion over the projection period and to account for more than 21% of the market by 2032.
  • During the projection period, the medical device secondary packaging sector in the United States is expected to exceed US$ 5,067.6 million.
  • This German market is predicted to provide a startling additional opportunity of US$ 1,030.4 million, making it an appealing location for both investors and producers.
  • By 2032, China’s medical device secondary packaging industry is expected to be worth US$ $1,270.1 million.

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Key Players

  • Sonoco Products Company
  • Smurfit Kappa
  • Berry Global Group, Inc.
  • Constantia Flexibles Group GmbH
  • UFP Technologies
  • Placon Incorporated
  • Steripack Group
  • Nelipak Group
  • Stora Enso Oyj
  • Winpak Ltd
  • Graphic Packaging International, LLC
  • Atlantic Packaging
  • Pro-tech Design & Manufacturing Inc.
  • Scan Modul B.V.
  • Körber AG
  • The BoxMaker

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Medical Devices Secondary Packaging Market by Category

By Material:

  • Paper and Paperboard
  • Plastics

By Packaging Format:

  • Boxes
  • Folding Cartons
  • Bags and Pouch
  • Trays
  • Inserts and Dividers
  • Wrapping Films

By End Use:

  • Surgical
  • Therapeutic
  • Diagnostic

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia and the Pacific
  • East Asia
  • 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.

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Future Market Insights Inc.
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Nasal Allergy Treatment Market Projected to Surpass US$13.3 Billion, Riding a 6.7% CAGR Wave

Nasal Allergy Treatment Market
Nasal Allergy Treatment Market

The most recent industry report from Future Market Insights estimates that the global nasal allergy treatments market sales will grow at a compound annual growth rate (CAGR) of 6.7% to reach an estimated valuation of US$ 13.3 billion in 2033. In 2022, the market was estimated to be worth US$ 6.6 billion.

Although allergies are frequent, their causes might differ from person to person. The allergen can be easily found with a diagnostic test. The incidence of nasal allergies among patients is high, and there is a low degree of awareness and information about them, according to the Journal of Family Medicine and Primary Care in 2020. The patient has a limited understanding of the causes, symptoms, effects, and management of nasal allergies. Patients’ knowledge of nasal allergies may be influenced by health education programs on the topic.

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In such circumstances, awareness is crucial, therefore webinars and campaigns aid in spreading the message. One such example is a health-focused week called allergy awareness week, which was established by the charity Allergy UK and is observed every year during a week chosen by the organization. It occurs in the year 2023 from April 24 to April 30. This week is dedicated to educating people about allergies and providing assistance and support to those who suffer from allergic disorders.

Key Takeaways:

  • Allergic Rhinitis is the leading segment among other diseases, and holds around 65.8% market value share in 2022, owing to higher rates of identified cases.
  • The tablets/Capsules segment is set to lead in terms of the form of nasal allergy treatment with a projected market value share of around 33.6% by 2033, with respect to the physical and chemical attributes.
  • By prescription type, the widely adopted is OTC drugs as they are easily available without prescription and also the commonly prescribed drugs for allergy can be easily availed from drug stores. OTC by prescription type held a market share of 76.3% in the year 2022.
  • Multiple treatments are available but Antihistamines hold a significant share of 46.0% in the treatment segment as they can successfully treat a wide range of allergic reaction symptoms.
  • By distribution channel, hospital pharmacies held a share of around 35.9% in 2022 due to the easy accessibility of licensed and approved medications.
  • North American region dominated the global market with the U.S. contributing 92.4%value share to the North American market, owing to the prevalence of nasal allergies in the region.

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“In light of the increasing demand for nasal allergy treatment and the increasing prevalence of allergies, the market for nasal allergy treatment is predicted to expand globally,“says an analyst at Future Market Insights (FMI).

Market Competition:

The market for nasal allergy treatment represents a fragmented market. The market players are focused on developing and launching drugs and attaining approvals in order to improve treatment outcomes. Manufacturers are also looking ahead to acquisition and collaborations.

  • GlaxoSmithKline plc’s (GSK) Nucala (mepolizumab) received US Food and Drug Administration (FDA) on 29 July 2021. Nucala (mepolizumab) is a monoclonal antibody targeting interleukin-5 (IL-5). Patients with chronic rhinosinusitis with nasal polyps (CRSwNP) can be treated using this drug.
  • In April 2020, ALK Abello was pleased to share that Health Canada has approved once-daily ITULATEK, a sublingual tablet for the treatment of tree pollen allergy.

Key Players:

  • Merck KGaA
  • Johnson & Johnson
  • Allergopharma
  • Sanofi SA
  • McNeil Consumer Healthcare,
  • Genentech Inc.
  • GlaxoSmithKline PLC
  • Leti Pharma,
  • Alerpharma S.A
  • Allergan, Inc.
  • Meda Pharmaceuticals, Inc
  • Novartis International AG
  • Bausch Health Companies Inc.
  • Allergopharma
  • ALK Abello
  • Stallergenes Greer
  • Allergy Therapeutics
  • Aimmune Therapeutics
  • Biomay AG
  • HAL Allergy Group
  • Bayer
  • AstraZeneca

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the nasal allergy treatment market in its latest study, presenting a historical demand assessment of 2018 to 2022 and projections for 2023 to 2033. The global nasal allergy treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

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The research study is based on the by disease – (allergic rhinitis, seasonal allergic rhinitis, perennial allergic rhinitis, non-allergic rhinitis, and infectious rhinitis), by form- (tablets/capsules, liquid, creams & lotions, drops, and spray) by prescription (OTC and prescription based), by route of administration- (oral, intranasal, sublingual, subcutaneous, and intravenous), by treatment (antihistamines, decongestants, nasal corticosteroids, allergen immunotherapy, and leukotriene receptor antagonists), by distribution channel- (hospital pharmacies, supermarkets/hypermarkets, online pharmacies, retail pharmacies, speciality clinics, others), and across seven key regions of the world.

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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

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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Ponceau 4R Colors Market Paints a Picture of Success, Predicted at US$ 8.2 Million by 2032

Ponceau 4R Color Market
Ponceau 4R Color Market

The global ponceau 4R food colors market is set to witness growth at a CAGR of 2.7% and top a market valuation of US$ 8.2 Mn by 2032. Currently, the market stands at US$ 6.1 Mn by value. Ponceau 4R is a strawberry red azo dye which is used in a variety of food and beverage products.

Ponceau 4R, a synthetic food coloring, has gained significant traction in the global food industry due to its vibrant red shade and wide applications. The Ponceau 4R Colors Market has witnessed remarkable growth as food and beverage manufacturers increasingly seek visually appealing products to attract consumers. This water-soluble dye is commonly used in confectioneries, beverages, sauces, and various processed foods. Its approval by regulatory authorities like the FDA and EFSA has further boosted its demand.

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FMI study indicates that synthetic food colors will account for nearly US$ 1.06 Bn of sales in the global market by the end of 2032. Out of this, the ponceau 4R colors market will have a market share of 0.9% by 2032. By volume, the market had a consumption of 1300 metric tonnes globally in 2021.

The global azo dyes market of which the ponceau 4R colors are a part, is influenced by growing demand for innovative, unique-looking food dishes, and changing taste and food preferences. This trend has been complemented further due to the increasing use of photo-sharing social media worldwide.

The synthetic food colors market is for the masses and is widely used by the food processing industry across the world, unlike natural food colors which is a niche market. Ponceau 4R, also called new coccine, cochineal red A, and brilliant scarlet 4R is a synthetic black diazo that is highly effective and easily imparts intense uniform color in food and beverage products at a faster pace.

The global ponceau 4R food colors market is dominated by the Indo-China region and Brazil. An increase in consumer discretionary income in regions such as the Middle East, South America, Asia Pacific, and Africa has made it easier for customers to consume more ready-to-eat processed food products augmenting the demand for ponceau 4R.

Ponceau 4R is banned in the U.S. while the European acceptable daily intake (ADI) is 0.7 mg/kg. Such regulations across developed countries and potential side effects remain a key restraint to the ponceau 4R colors market.

“Companies producing ponceau 4R would gain significantly by targeting the confectionery and baked foods sectors. Establishing strategic alliances with global candy, confectioneries, savory snacks, viennoiseries, and bakery food brands would immensely help these artificial food colorant brands,” Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways:

  • The Asia-Pacific Ponceau 4R market exhibited sales of 342 metric tons by volume in 2021 and is expected to grow at 2.37% CAGR, one of the highest among regions, between 2022 and 2032.
  • In Europe, the Middle East, Africa, and India profiled as the EMEAI region, the demand for Ponceau 4R food colors is expected to grow at 1.8% CAGR between 2022 and 2032, while the Indian Subcontinent is poised to have a revenue of USD 450,000 by 2032.
  • The North America ponceau 4R food colors market is upheld only by Canada and Mexico as the food colorant is banned in the U.S. The North America market totaled US$ 371,200 in 2021.
  • By application, the candy and confectionery industry holds the highest market share of roughly 22%.
  • The meat and poultry industry’s consumption of ponceau 4R was US$ 237,000 in 2021.

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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:

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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Medium-Chain Triglycerides Market Set to Cross US$ 1,570.42 million by 2033

Medium-chain Triglycerides Market
Medium-chain Triglycerides Market

The medium-chain triglycerides market is predicted to be worth US$ 860.54 million in 2023 and rise to US$ 1,570.42 million by 2033. Initially, the global market was expanding at a 6.2% CAGR during the forecast period.

Using medium-chain triglycerides oil in addition to a ketogenic diet helps the liver’s ability to convert ketones. Customers thus employ ketogenic medium-chain triglycerides to improve people’s health. The growing need for supplements for weight management and the expanding use of MCTs in the food and beverage industries are driving the demand for MCT supplements.

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Growing consumer interest in natural and organic beauty products presents an opportunity for the market under investigation. Due to worries about the potential health dangers linked with using synthetic components in cosmetic products, consumers are becoming more interested in natural and organic alternatives.

MCTs are a sought-after component for natural and organic cosmetic products, as they are obtained from natural sources like coconut oil and palm kernel oil. MCTs are also a sustainable and environmentally beneficial element, which is something that customers are emphasizing continuously. Since MCTs are made from renewable materials, they satisfy the needs of many customers who seek out products with minimal environmental impact.

Key Takeaways

  • In 2022, the United States was expanding at a market share of 82.6% in the medium-chain triglycerides market and continues to expand at a CAGR of 5.8% by 2033.
  • The medium-chain triglycerides market was significantly expanding, with a size of US$ 810.3 million in 2022.
  • The market is anticipated to expand at a valuation of US$ 1,030.73 million by 2026, as a result of adapting to a healthy diet.
  • Due to the market’s excellent potential and rising utilization among athletes, analysts expect it is likely to rise 1.06 times between 2022 and 2023.
  • As demand increases among millennials and Gen-Z, the market in Germany is expected to develop at a significant CAGR of 5.5% by 2033.
  • Based on form, the liquid segment dominated the market in 2022 and continued to lead the market with a CAGR of 4.2% during the forecast period.
  • Based on the source, coconut led the market in 2022 and continues to lead the market with a CAGR of 3.7% during the forecast period.
  • The food and beverage industry dominated the market in 2022 and is likely to hold the top spot with a CAGR of 4.5% throughout the projected period.

Critical Approaches Increasing Top Players’ Wealth

Manufacturers are spending more on marketing and promotion initiatives to raise customer awareness and spur demand for their products. As people become more aware of the health benefits of MCTs. This entails social media campaigns, targeted advertising, or sponsorships of sporting events and conferences focused on health.

Recent Developments

  • In September 2021, ABITEC and DKSH updated their agreement to increase the distribution of specialty lipids across Europe. The deal attempts to extend and expand the two companies’ presence in these developing nations. Whereas, strengthening their already solid collaboration.
  • Nexe Innovations, a producer of plant-based materials, debuted a micro-ground soluble coffee in a fully compostable coffee pod in February 2021. This micro-ground coffee contains organic medium-chain triglycerides.

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Key Segments

Medium-chain Triglycerides By Form:

  • Medium-chain Triglycerides in Dry Form
  • Medium-chain Triglycerides in Liquid Form

Medium-chain Triglycerides By Source:

  • Medium-chain Triglycerides from Palm
  • Medium-chain Triglycerides from Coconut
  • Medium-chain Triglycerides from Others

Medium-chain Triglycerides By Application:

  • Medium-chain Triglycerides for Personal Care
  • Medium-chain Triglycerides for Food & Beverages
  • Medium-chain Triglycerides for Pharmaceuticals

Medium-chain Triglycerides By Product Type:

  • Medium-chain Triglycerides as Caproic Acid
  • Medium-chain Triglycerides as Capric Acid
  • Medium-chain Triglycerides as Caprylic Acid
  • Medium-chain Triglycerides as Lauric Acid

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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Barley Flake Market Foreseen to Flourish, Aiming at US$ 13 Billion by 2032

Barley Flake Market
Barley Flake Market

Global barley flake demand is anticipated to be valued at US$ 7.35 Billion in 2022, forecast to grow at a CAGR of 5.87% to be valued at US$ 13 Billion from 2022 to 2032.

Barley flakes are prepared by husking the kernels of barley grain which are steamed. The steamed grains are further flattened, rolled and then dried to obtain barley flakes. The barley flakes are rich in fiber, proteins, etc., and also contains many essential minerals such as copper, manganese, potassium, selenium, etc. The barley flakes can be cooked in a similar manner like the oat flakes. Barley flakes have a low glycemic index when compared with the other grains and thus might be a suitable food option for the consumers having diabetes. The barley flakes can be mixed with the bakery products such as cookies, bread, etc., muesli, and can be also served as a hot cereal. Barley flakes have high nutritional value, nutty flavor and can be used in various food recipes which might increase its demand in the food industry.

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Barley Flake Demand in Food Processing Industry
The increase in health trends and consumer awareness are some of the important drivers that might increase the market for barley flakes. Due to the busy lifestyle, the consumers are focusing on the use of food products that have high nutritional value and can be easily prepared and thus barley flakes might be a suitable choice as it is rich in nutrients and requires less cooking time. Therefore, as barley flakes are aligned with the consumer requirements, there might be an increase in the barley flake market.

The trend for the use of clean label products might serve as an important driver for the increase in the market of barley flakes. Barley flakes can be incorporated into various food products such as cookies, bread, biscuits, breakfast cereals, etc., and thus can be used as a food ingredient by the manufacturers of the food products to develop innovative and healthy food products and therefore might attract the health-conscious consumers that prefer the use of clean-label food products.

The presence of similar products such as oat flakes and the lack of awareness about barley flakes can serve as a major restraint for the barley flakes market. Oat flakes are very popular among the consumers due to its high nutritional value, a variety of flavors, and can be used in the preparation of beverages, muffins, bars, cookies, etc., and thus can serve as a major restraint for the barley flakes market.

Global Barley Flake: The key market players are King Arthur Flour, Shiloh Farms, Bob’s Red Mill, Honeyville, Inc., Naturally Yours, Vee Green Organic Life Care Private Limited, Helsinki Mylly Oy, Briess Malt & Ingredients Co., Rude Health, etc., are among the others.

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Global Barley Flake: Key Developments
In 2018, Rude Health had launched a new product named Naked Barley Porridge which is wheat-free, organic and is made up of 100% naked barley flakes.
In 2014, Kellogg had launched a new cereal, Kashi® Organic Sprouted Grains Cereal which is made up of 100% sprouted grains such as barley, amaranth, wheat, oats, spelt and brown rice in the form of whole grain flakes.

Opportunities for Barley Flake Participants:

The improvement in the pre-treatment process might increase the nutritional value of the barley grains which can be further used for the preparation of the barley flakes. The improvement in processes such as steaming, rolling, etc. might help in developing barley flakes at a reasonable price and thus might attract the manufacturers of the food products to develop innovative products using barley flakes and therefore there might be an increase in the market of barley flakes.

Brief Approach to Research

The analysis will be done a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed Barley Flake understanding and assessment of the flavor, application and encapsulation process of the segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Barley Flake sizes.

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Key Segments Profiled in the Barley Flake Industry Survey
By Nature:
Organic Barley Flake
Conventional Barley Flake

By Product Type:
Hulled Barley Flakes
Dried Barley Flakes
Toasted Barley Flakes
Other Barley Flakes (e.g. pearled, etc.)

By End Use:
Barley Flakes for the Food Industry
Barley Flakes for Beverages
Barley Flakes for Other End Uses (e.g. Animal feed, etc.)

By Distribution Channel:
Barley Flakes Sales via Online Retail
Barley Flakes Sales via Supermarkets
Barley Flakes Sales via Other Distribution Channels (e.g. Specialty Stores, etc.)

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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