Global Calprotectin Testing Devices Market is expected to see a valuation of US$ 360.2 Billion by 2033 | FMI

Calprotectin Testing Devices Market
Calprotectin Testing Devices Market

The global calprotectin testing market demand is set to experience remarkable growth, with anticipated demand reaching a valuation of US$ 201.1 billion in 2023 and projected to surge to US$ 360.2 billion by 2033. This substantial growth is attributed to a robust compound annual growth rate (CAGR) of 6% during the forecast period.

Calprotectin testing has emerged as a critical diagnostic tool, gaining significant traction in the healthcare sector. The increasing prevalence of gastrointestinal disorders, coupled with a rising awareness of the importance of early detection, has fueled the demand for calprotectin testing worldwide.

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The robust growth in the calprotectin testing market can be attributed to advancements in diagnostic technologies, increased research and development activities, and a growing emphasis on preventive healthcare measures. As healthcare providers and consumers alike recognize the value of early detection and diagnosis, calprotectin testing is poised to play a pivotal role in shaping the future of diagnostic healthcare.

Commenting on this trend, Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) stated, “The substantial growth projections for the global calprotectin testing industry underscore the importance of innovative diagnostic solutions in the healthcare landscape. As we witness an increased focus on preventive healthcare, calprotectin testing is positioned to be a key player in early detection and monitoring of gastrointestinal disorders. Our commitment to advancing healthcare technologies aligns with the growing demand for reliable and efficient diagnostic tools, and we are excited to contribute to the transformative journey of the calprotectin testing industry.”

As a leading player in the healthcare industry, FMI remains at the forefront of innovation, continually striving to meet the evolving needs of healthcare professionals and patients. The company’s dedication to research and development, coupled with a commitment to quality, positions it as a key contributor to the remarkable growth anticipated in the global calprotectin testing market.

Recent Trends in the Global Calprotectin Testing Market:

The several notable trends in the global market are as follows:

  • There is rising demand for non-invasive diagnostic devices by healthcare providers and patients to produce quick and accurate results.
  • The prevalence of inflammatory bowel disease is growing rapidly. Therefore, the demand for calprotectin testing is increasing to monitor patients’ chronic health.
  • The innovation of advanced technology devices is more reliable and tract patients’ health accurately.
  • Adopting automation in calprotectin testing reduces error risk, detects efficiently, and increases productivity.

Key Takeaways:

  • The calprotectin testing market is securing a valuation of US$ 360.2 billion with a CAGR of 6% by 2033.
  • The United States is anticipated to lead the global market by registering a share of 25.7% by 2033.
  • Japan is anticipated to register a share of 3.1% in the global market during the forecast period.
  • In the historic period, the market captured a CAGR of 5.3% between 2018 and 2022.

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Key Players are Executing Plans to Rise the Market Size:

The key players are executing various plans to upsurge the global market are:

  • New Product Launches: key players are developing user-friendly, sustainable, and accurate testing devices in the market. They are launching these testing tools to satisfy patients’ requirements.
  • Collaboration:Key companies collaborate with stakeholders, research organizations, and hospitals to enhance product quality. These collaborations help them to reach relevant customers and increase sales.
  • Promotions and Marketing:Key players invest in promotional and marketing to expand their business and brand value. They promote their products on social media and educate patients about the benefits of their products.

These are a few strategies key players adopt to increase the market size:

  • Actim Oy
  • Calpro AS
  • BÜHLMANN Laboratories AG
  • EagleBio
  • CerTest Biotec S.L.
  • EUROIMMUN Medizinische Labordiagnostika AG
  • Boditech Med Inc.
  • Biohit Oyj
  • American Laboratory Products Company, Ltd.
  • DIAsource ImmunoAssays S.A
  • R-Biopharm AG.

Recent Developments in the Global Market are:

  • In 2020, Biohit Oyj launched its new product Calprotectin ELISA kit. It is designed to collect human samples to monitor inflammatory bowel disease.
  • In 2021, Techlab Inc launched Enteric BioFire FilmArray Panel to detect gastrointestinal infections.
  • In 2021, EKF Diagnostics launched its point-of-care device to measure calprotectin. This device provides accurate and fast results to monitor patients’ diseases.

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Calprotectin Testing Market by Category:

By Test Kits:

  • Calprotectin ELISA Test Kits
  • Calprotectin Rapid Testing Kits

By Sample:

  • Stool, Blood Serum/Plasma
  • Other Biological Samples

By Indication:

  • Irritable Bowel Syndrome
  • Ulcerative Colitis
  • Crohn’s Disease
  • Colorectal Cancer

By End User:

  • Hospitals
  • Diagnostic Laboratories
  • Specialty Clinics

Region:

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • 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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Global Healthcare Business Intelligence Market is expected to climb to US$ 7.4 Billion by 2032, as per FMI

Healthcare Business Intelligence Market
Healthcare Business Intelligence Market

The global healthcare business intelligence market demand is on an upward trajectory, with an anticipated steady Compound Annual Growth Rate (CAGR) of 8.1% between 2022 and 2032, projecting substantial expansion from a valuation of US$ 3.4 Billion in 2022 to a striking US$ 7.4 Billion by 2032.

The healthcare business intelligence market, which encompasses sophisticated data analytics solutions tailored for the healthcare industry, is witnessing substantial growth due to its pivotal role in streamlining operations, enhancing patient care, and optimizing decision-making processes within healthcare organizations.

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In the constantly evolving healthcare industry, data has become a vital resource for enterprises attempting to deliver high-quality patient care while optimising operational effectiveness. With the help of data, the global healthcare business intelligence market has developed into a formidable tool that may alter the way healthcare businesses operate. By leveraging robust analytics and reporting capabilities, healthcare business intelligence (BI) enables stakeholders to uncover priceless insights, streamline processes, and improve outcomes.

Organisations may gather, analyse, and visualise huge volumes of data from various sources, such as financial systems, operational databases, and electronic health records, using healthcare business intelligence (BI). By merging and integrating this data, healthcare professionals can get a complete picture of patient demographics, resource usage, and financial performance. Decision-makers can see trends, patterns, and potential improvement areas thanks to the abundance of data at their disposal.

The volume of business data that various healthcare institutions have gathered has expanded as a result of the deeper integration of numerous technological platforms and devices into the healthcare sector. The information gathered from a variety of healthcare facilities must be managed in order to obtain the most essential facts.

The healthcare sector is expected to greatly profit from the widespread adoption trends in the market for business intelligence in healthcare. Healthcare business intelligence is anticipated to grow rapidly as a result of government initiatives to encourage EHR use and the growing patient population. The implementation of government programmes to encourage the adoption of EHRs, the rise of big data in the healthcare sector, and the expanding number of patient registries are all expected to cause the healthcare business intelligence market to expand quickly.

Key Takeaways:

  • In 2021, the cloud-based delivery mode segment had the biggest healthcare business intelligence market share, accounting for 47.5 percent.
  • In 2021, healthcare payers contributed 39.0 percent of total revenue. The market is expected to grow due to a rising requirement for provider network optimization, as well as the adoption of various healthcare business intelligence solutions to efficiently reduce operating costs and increased competition among payers.
  • Over the projection period, the healthcare manufacturers category is expected to increase at a significant rate. The existence of a significant number of pharmaceutical and medical device producers in both developed and emerging nations is one of the main reasons for the segment’s strong revenue growth.
  • The Indian market size is expected to grow at a CAGR of 12.8%, with the global healthcare business market valuation likely to reach US$ 684 Million by 2032.
  • As per the global industry analysis, due to increased policy measures, Asia Pacific is expected to be the most lucrative regional market throughout the projected period, as healthcare providers and businesses become more aware of business intelligence tools.

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Competitive Landscape:

The healthcare business intelligence market is moderately competitive, with a number of large and growing firms. The market’s expansion has been aided by product innovation and continuous R&D activities to produce improved technologies.

Due to their strong global footprints, large product portfolios, and a greater focus on innovations in healthcare business intelligence solutions, Oracle Corporation, Microsoft, and Sisense Inc. are among the few main competitors accounting for the majority of the market share.

Key Players:

  • IBM Corporation
  • Microsoft
  • Oracle Corporation
  • OpenText Corporation

Key Segments:

By Function:

  • Clinical Analytics
  • Financial Analytics
  • Operational Analytics

By Deployment:

  • On-Premise
  • Cloud-Based

By Deployment:

  • Self-service BI
  • Corporate BI

By Region:

  • USA
  • Brazil
  • India
  • China
  • Japan

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About Future Market Insights (FMI)

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

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Future Market Insights Inc.
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Global Healthcare API Market is expected to witness remarkable expansion, potentially reaching US$ 316.2 Million by 2033, driven mainly by the surge in telemedicine demand | FMI

Healthcare API Market
Healthcare API Market

By 2033, the global healthcare API market demand is expected to have grown from an estimated US$ 222.6 million to US$ 316.2 million. From 2023 to 2033, the market is anticipated to expand at a moderate CAGR of 3.6%. In the past, the healthcare API market had a CAGR of 2.98% from 2017 to 2022, reaching a value of US$ 215.5 million. The increasing need for telemedicine and digital health solutions, as well as rising investment and expanding activities by industry participants and government organisations to improve the prospects for the healthcare API market, are all contributing factors to this expansion.

The healthcare sector is one of the leaders in the early adoption of technology. With the ongoing evolution of technology, the healthcare industry is also registering greater demand for advancing technology. Thus, healthcare API solutions have observed progressive acceptance and increasing demand from physicians, patients, and other involved parties. The convenience and flexibility offered by healthcare API solutions in terms of scheduling doctor visits via healthcare application programming interface make the appointments segment the most in-demand healthcare API service which, in turn, fosters growth for the overall market in the upcoming years.

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Healthcare API solutions enable faster decision-making and increase life expectancy and better population health. The improvement in data quality and the development of a transparent, patient-centered healthcare business is also ensured by healthcare API solutions. With the rapid rise in data, these aforementioned features play a vital role in the expansion of the healthcare API market size.

Favorable government policies and initiatives, deep penetration of electronic medical record (EMR) platforms, direct digitization of patient records such as MRI, X-ray, CT, and others, and the greater availability of personal health/ fitness monitors are factors that underpin the growth of the healthcare API market. Moreover, better treatment outcomes that increase patient satisfaction, the rising need for the integration of technology and healthcare, and improvements in quality of care also spur the demand for the healthcare API market. Additionally, aspects like the development of new processes between providers and payers, the availability of apps that can extract data from wearables, EHRs, and related services, as well as a seamless transition of care, are also responsible for the steady growth of the healthcare API market during the forecast period.

Key Takeaways:

  • Inconsistencies and technology gaps along with concerns regarding the security of patient data are factors that may stymie the growth of the healthcare API market.
  • The healthcare API market in the US will account for a market share of 31.8% in 2023 and will present strong growth throughout the assessment period.
  • China’s healthcare API market will grow at a CAGR of 3.5% due to rising awareness of the advantages of healthcare API.
  • By deployment, the cloud-based segment will hold about 77.3% of the market share in 2023.
  • Based on service, the electronic health record (EHR) category will account for 31.6% of the market share in 2023.

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Competitive Landscape: 

Microsoft Corporation, Apple Inc., Greenway Health, Epic Systems Corporation, Practo Technologies Pvt. Ltd., Mulesoft, Inc., and General Electric Company, among others, are some of the key players in the healthcare API market profiled in the full version of the report.

Leading market players are concentrating on increasing investments to establish a fully standard API. These enterprises also employ various organic and inorganic business strategies to enhance their market footprints.

More Insights into Healthcare API Market:

FMI offers the latest, detailed, and unbiased analysis of the global healthcare API market, providing historical data from 2017 to 2022 and forecast statistics for 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented on the basis of deployment, services, end users, and region.

According to the reports, based on segmentation, the cloud-based deployment model will dominate the global market due to numerous benefits associated with the segment such as better storage and access to healthcare data. In terms of service, the EHR category will remain popular during the forecast period.

Based on region, the healthcare API market in North America will demonstrate impressive growth during 2023 and 2033. The target market in this region will be shaped by the increasing demand for patient-centric healthcare systems, easier adoption of advanced technology, and well-established healthcare infrastructure. Besides, Germany, China, and Japan will also make notable contributions to the global growth of the healthcare API market during the assessment period.

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Key Market Segments Covered in Healthcare API Industry Research:

Deployment:

  • Cloud-Based
  • On-Premise Based

Services:

  • Remote Patient Monitoring Services
  • Appointment Services
  • Electronic Health Record Access Services
  • Wearable Medical Device Services
  • Payment Services

End User:

  • Healthcare Providers
  • Healthcare Payers
  • Vendors
  • Patients

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
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Nutritional Ingredients in Animal Feed Market to Be Worth USD 184.3 Billion by 2032| Future Market Insights Inc.

As indicated by a new study by Future Market Insights (FMI), the market is receiving impetus from the rising per capita consumption of meat products in developing regions, and the consequent expansion of the livestock industry. The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, accelerating with a CAGR of 7.1% by 2022-2032.

“North America is set to emerge as a lucrative market for nutritional ingredients in animal feed. The growth of consumer awareness, and a higher per-capita income, supports the rise of the market,” Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Research Findings of FMI’s Nutritional Ingredients in Animal Feeds Market Study

  • Soybean meal in animal feeds will continue to account for a majority of the market revenue.
  • Key players are expected to invest in the development of new microbial strains to bolster immune function in animals and attain an edge on the competition.
  • North America continues to lead the global market, owing to a major livestock industry.
  • Europe and Latin America will display steady growth with rising demand for animal products.

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Key Growth Drivers – Nutritional Ingredients in Animal Feeds Market

  • Expansion of the livestock feed industry and aquaculture in developing countries is driving the growth of nutritional ingredients in the animal feeds market.
  • Rising per capita meat consumption figures is a key factor shaping popularity of nutritional ingredients in animal feeds market.
  • Restrictions on the use of antibiotics and growing awareness about animal health among pet owners broadens their scope of adoption.

Key Impediments – Nutritional ingredients in animal feeds Market

  • High costs related to the production and sale of animal feeds in different countries continues to be a major restraint for the growth of the nutritional ingredients in animal feeds market.
  • Lack of awareness among a large number of potential end users will remain a key impediment facing manufacturers of nutritional ingredients in animal feeds.

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Competition Structure Analysis – Nutritional Ingredients in Animal Feeds Market

Competition landscape of the global nutritional ingredients in animal feeds market will primarily remain influenced by investments in vertical integration of businesses to fend off competition. Chinese companies in particular have been displaying high levels of competitiveness. Smaller companies and venture capitalists will be seen as one stop solutions for consumers to gain an edge over the competition. The development of novel microbial strains and a widening product portfolio marks a significant trend that would shape up the competition in the near future.

Some of the key participants in global nutritional ingredients in animal feeds market that are profiled in this Future Market Insights’ report, which include but are not limited to, Altech Corp., BASF SE, Barentz, and Ingredion Inc.

Nutritional Ingredients in Animal Feed Market by Category

By Source, Nutritional Ingredients in Animal Feed Market is segmented as:

  • Corn
  • Wheat
  • Soyabean Meal
  • Fish
  • Oats
  • Alfalfa
  • Others

By Nutrition Type, Nutritional Ingredients in Animal Feed Market is segmented as:

  • protein
  • vitamins
  • Amino Acid
  • Enzymes
  • Acidifiers
  • Antibiotics
  • Antioxidants

By Animal Type, Nutritional Ingredients in Animal Feed Market is segmented as:

  • Poultry
    • Chicken
    • Turkey
    • Ducks
    • Others
  • Cattles
    • Cow
    • Sheep
    • Hoarse
    • Goat
    • Pig
    • Others
  • Fish
  • Others

By Region, Nutritional Ingredients in Animal Feed Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The 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:

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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CBD Snacks Market Set For Notable Growth to 2032 | Future Market Insights Inc.

CBD Snacks Market
CBD Snacks Market

The Global CBD Snacks Market Set to Reach USD 712.5 Million by 2022 with a Projected CAGR of 13.2% from 2022 to 2032. North America Leads, Contributes Over 30% of Revenue in 2021.

An increase in industrialization and urbanization has led to stressful and busy lifestyles. Modern eating patterns have emerged in response to these fast-paced lifestyles, departing from the traditional three-square meals shared at the family table. Customers return to the 24-hour snacks when they’re hungry. Frequently choose wholesome snacks with labels that promote their health, natural ingredients that are nutrient-dense, and free-from claims. More and more consumers are gravitating for snacks with labeling that are cleaner and more readable. The market demand for snacks infused with CBD has surged as a result of the medicinal advantages of cannabidiol (CBD).

More emphasis is placed on maintaining health and bolstering immune systems during COVID-19, which directs customers toward a range of wellness and health-focused products, including CBD. Following a nationwide lockout, a few brick-and-mortar merchants selling CBD products in the UK have been permitted to continue operating. While some consumers buy their usual products, others use their delivery services and become online retailers.

 “CBD, with its many interconnected products and services, is growing to unprecedented levels. Touched for its wide-ranging health benefits without any of the psychoactive impacts of the THC, CBD infused food is attaining strong global market acceptance.,” Nandini Roy Choudhury, Client Partner at Future Market Insights

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List Of Key Players Covered in CBD Snacks Market are:

  • ZBD
  • LivityFoods LLC
  • VELOBAR
  • Naturebox
  • Weller
  • Evo Hemp
  • CBD American Shaman
  • Dixie Brands Inc.
  • Premium Jane
  • Pure Kana
  • Just CBD.

Key Takeaways from the CBD Snacks Market Study

  • Consumers are likely to adopt healthier lifestyles which have resulted in higher food and beverage intake with potential health benefits. Consumers are now becoming more aware of their diets, owing to which they invest on a holistic approach to health and wellbeing that covers almost every aspect of life. In addition, consumers are increasingly taking part in fitness activities that improve their well-being. As a result, the demand for CBD-infused snacks is steadily gaining momentum globally due to an rise in population awareness of health and fitness, along with an growing number of highly upscale consumers interested in eating safe and nutritious foods.
  • According to Go Clean Label, Clean label refers to food products that contain natural, and simple ingredients that are easy to identify, with no artificial additives, according to Go Clean Label. Consumers looking for simpler foods with fewer ingredients have made the food manufacturers to exclude artificial ingredients and chemical modifiers from the food products. Most of the consumers believe that food products with natural ingredients offering better nutrition, environment sustainability, and are ethically sourced can be qualified as clean label. Clearly, the trend of clean label with the content of THC free or THC less than 0.3% is playing an important role in the promotion of CBD Snacks Market.

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E-commerce sales gain rapid momentum

As more customers use mobile devices to order foodstuffs and groceries, e-commerce continues to gain rapid momentum around the world. Rapid digitization has resulted in heavy e-commerce penetration in APEJ countries, with China leading with a high market share. CBD snacks have a long shelf-life and can be conveniently packed as desired, attracting high customer base. Various e-commerce companies compete in the region by introducing their own food labels to expand their reach on the market. The sales of CBD products processed via e-commerce are expected to gain rapid traction over the coming years and are expected to drive market growth over the forecast period.

Who is winning?

Multiple leading manufacturers of CBD snacks are focusing on mergers and acquisition to expand its business footprints and to increase their production capacity. Leading players of CBD snacks are investing in research and development to produce innovative products using CBD snacks.

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CBD Snacks Market by Category

By Type, CBD Snacks Market is Segmented as:

  • Gummies
  • Bars
  • Cookies

By Distribution Channel, CBD Snacks Market is Segmented as:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Discount Stores
  • Pharmacy/Drug Stores
  • Food and Drink Specialty Stores
  • Independent Small Groceries
  • E Retailers

By Region, CBD Snacks Market is Segmented as:

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

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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Fish Feed Market Forecasted to Reach New Heights at US$ 163,530 million by 2033

Fish Feed Market

According to FMI, fish feed market is expected to reach US$ 116,480 million by 2023. It is estimated that the market is poised to reach US$ 163,530 million between 2023 and 2033, representing a CAGR of 3.5%.

Demand for fish feed may differ based on consumer preferences for seafood that is healthy and sustainable. As consumers grow increasingly conscious of the effects aquaculture practices have on the environment and human health, producers may need to modify the feed compositions and production techniques used.
Technological developments in aquaculture, including as data-driven management, automated feeding systems, and precision feeding, may have an impact on the market’s need for specialized fish feed products. The kind of fish raised might have an impact on the market for particular kinds of fish feed. The mix and formulation of fish feed can be influenced by the dietary requirements of various species.

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Continuous research and development in fish nutrition and feed technology has led to the creation of feed compositions that are more economical and efficient. Demand is expected to rise as farmers seek for cost-saving strategies and better production results.
In order to reduce the impact on the environment, sustainable aquaculture methods are becoming more and more crucial. By utilizing properly sourced feed ingredients, fish farming operations can lessen their ecological imprint.
Fish of different species have varying nutritional needs. The need for fish feed is being driven by the development of specialized feeds to fulfill the dietary requirements of farmed fish, such as carp, shrimp, catfish, tilapia, and salmon.

Key Takeaways from the Market Study

  • By 2032, the global market for fish feed is predicted to reach US$ 1,58,000 million.
  • In 2022, the United States held 25.8% of the global fish feed market.
  • According to industry estimates, fish feed demand is expected to rise at an average CAGR of 8% between 2022 and 2032.
  • In 2022, the market for fish feed grew by 6.7% in China.
  • Towards the end of 2022, Japan was responsible for 4.4% of the global market.
  • Germany accounted for 13.1% of the global fish feed market in 2022.
  • The fish feed market recorded a CAGR of 1.6% between 2018 and 2022.

“Plant-based fish feed will continue to be popular as the market for sustainable and organic fish feed grows in the market. Intensified fish farming practices and growing awareness of health and nourishing foods to grow the market.” Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

A growing number of companies are collaborating with other companies and forming strategic partnerships in order to grow their fish feed businesses. A growing number of fish feed market players are investing heavily in research and development, developing new products, expanding their geographical reach, and forming strategic partnerships.

  • On April 2023, ICAR-Central Inland Fisheries Research Institute, Barrackpore signed an agreement with Glaucus Agrochem Pvt Ltd for the usage of the floating fish feed “CIFRI Cagegrow”. For a period of five years, ICAR-CIFRI has granted a nonexclusive license for manufacturing and selling its floating fish feed Cagegrow in India. ICAR’s commercial arm, Agrinnovate India Ltd, completed the commercialization process.
  • On August 2023, Kerala varsity produced fish feed from organic waste. As part of its experimental fish meal production project, Kerala Fisheries and Ocean Studies University (KUFOS) is using organic waste to produce fish meals. A black soldier fly larvae-based project is being developed to produce the organic waste protein needed for fish feed production.

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Know More about What the Fish Feed Market Report Covers

Future Market Insights offers an unbiased analysis of the global fish feed market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the fish feed market, the market is segmented based on product type, form, end-use application, and distribution channel industry type across six major regions.

Market Segmentation

Product Type:

  • Plant Based
  • Fish & Fish Products
  • Microorganism

Form:

  • Pellet
  • Granules
  • Flakes
  • Sticks
  • Powder

End Use Application:

  • Commercial
  • Household

Distribution Channel:

  • B2B
  • B2C
    • Store based
    • Online retail

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East 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.

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Industrial Agitators Market Poised for Remarkable Growth, Anticipates US$ 5.6 Billion Valuation by 2033 with 9% CAGR Surge

The global industrial agitators market is expected to be worth US$ 2.3 billion in 2023 and to grow at a CAGR of 9% to reach a net worth of US$ 5.6 billion by the end of 2033. Industrial mixers and agitators are primarily employed in the chemical industry to stimulate chemical reactions via heat transfer via the motion that they generate.

A surge in demand for wastewater treatment is also predicted to benefit industrial agitator sales. As the world’s population grows, so does the demand for clean water, which is predicted to fuel the increasing demand for wastewater treatment services and solutions. In the future years, there will be a significant increase in demand for reliable and customized industrial agitators.

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The North American industrial agitators market dominates the worldwide market. Aspects including high product penetration, rising need and the extent of usage for advanced technologies, the creation of chemical manufacturing facilities, and so on may all be attributable to the increase in demand.

Over the projection period, East Asia, South Asia, and the Pacific are likely to offer profitable potential for industrial agitator sales. High industrial activity, the creation of new industrial facilities, a thriving manufacturing sector supported by supporting government measures, and other factors are projected to promote industrial agitator use in these regions. India and China are important countries to keep an eye on in these regions.

Key Takeaways from the Market Study

  • The market has grown at an 8% CAGR over the last five years.
  • The United States Global Industrial Agitators Market is anticipated to increase by 8.5% year on year in 2023.
  • The Indian market is expected to increase at a CAGR of 9% between 2023 and 2033.
  • The North American industrial agitators market leads the worldwide landscape with a 32% market share.
  • Sales of industrial agitators are estimated to account for 2% of worldwide industrial equipment market revenue.

Leading Key Players:

  • Xylem Inc.
  • Silverson Machines Ltd.
  • Dynamix Agitators Inc.
  • EKATO HOLDING GmbH
  • Philadelphia Mixing Solutions Ltd.
  • Tacmina Corporation
  • SPX FLOW Inc.
  • Sulzer Ltd
  • Statiflo International Ltd.
  • MIXEL Agitators
  • Mixer Direct Inc.
  • Alfa Laval AB.

Competitive Landscape

Key industrial agitator manufacturers are working on creating long-lasting and creative solutions to fulfil the changing needs of end-use industries.

  • SPX Flow announced the September 2022 introduction of their new APV Flex-Mix™ Pilot Mixer, which will enable food and beverage industries to test small-scale pilot batches of low to elevated viscosity item samples with a single unit.
  • On December 8, 2022, GMM Pfaudler Ltd planned to purchase Mixel France SAS and an entirely-owned affiliate Mixel Agitator Co. Ltd. (collectively “Mixel”) through its completely an owned division Pfaudler GmbH.

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Valuable Insights:

Future Market Insights, in its new offering, presents an unbiased analysis of the global Industrial Agitators market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.

The study reveals essential insights By Type (Top Entry Industrial Agitators, Side Entry Industrial Agitators, Bottom Entry Industrial Agitators), Model (Large Tank Agitators, Drum Agitators, Portable Agitators, Tote Agitators), End User (Chemicals, Pharmaceuticals, Food and Beverages, Paper and Pulp, Waste and Wastewater Treatment, Oil, Gas and Petrochemicals) & Region.

Key Segments of Industrial Agitators Industry Survey

By Type:

  • Top Entry Industrial Agitators
  • Side Entry Industrial Agitators
  • Bottom Entry Industrial Agitators

By Model:

  • Large Tank Agitators
  • Drum Agitators
  • Portable Agitators
  • Tote Agitators

By End-User:

  • Chemicals
  • Pharmaceuticals
  • Food and Beverages
  • Paper and Pulp
  • Waste and Wastewater Treatment
  • Oil, Gas, and Petrochemicals

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia
  • 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
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Global Microplate Instrumentation and Systems Market, estimating a 4.9% CAGR over the period spanning 2023 to 2033

Microplate Instrumentation and Systems Market
Microplate Instrumentation and Systems Market

The global microplate instrumentation and systems market size is projected to expand at an average CAGR of 4.9% from 2023 to 2033. The target market will accrue a value of US$ 1.6 billion by 2033, scaling up from US$ 1.0 billion in 2023, respectively. It is estimated that the leading five countries will account for 60.7% of the microplate instrumentation and systems market share during the forecast period. Factors such as the growing demand for the miniaturization of devices and the adoption of advanced technology are likely to drive the growth of the microplate instrumentation and systems market.

Increasing research and development efforts and spending by the pharmaceutical industry, heightened emphasis on miniaturization, and the growing cases of various diseases foster an environment of growth for the microplate instrumentation and systems market. An upsurge in demand for accurate diagnosis and detection of various microorganism-related infections, the need to control and prevent severe infections, and the increasing cases of chronic illnesses like cancer and autoimmune disorders also stimulate the growth of the target market in the forthcoming years.

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The market for microplate instrumentation and systems is positively influenced by growing research and innovation activities in the field of virology and serology. Further, the target market is not restricted to applications in pharmaceutical or the healthcare sectors. Microplate instrumentation and systems also find usage in the food and cosmetic sectors. All of these industries make use of superior-quality microplate readers which are specifically designed for the respective industry. This factor is expected to strengthen market prospects for microplate instrumentation and systems during 2023 and 2033.

A microplate reader is a handy tool for high-throughput measurements. The device and ELISA are used in medical tests as a high-throughput diagnostic tool for detecting biomarkers in urine or blood. A microplate reader is also used in environmental monitoring to identify and analyze the contaminants in a liquid environmental sample to determine the water quality. Thus, microplate readers are a vital part of high-throughput biochemical assays across sectors like medical testing, environmental control, food analysis, and others. All of these considerations propel the microplate instrumentation and systems market forward during the projection period.

Key Takeaways:

  • The need for expensive machinery and highly skilled workers may stunt the growth of the microplate instrumentation and systems market.
  • By product, the microplate readers segment is dominating the international market space with the ownership of a 33.7% share in 2023.
  • Based on application, the drug discovery category will lead the market with a share of 37.8%.
  • The microplate instrumentation and systems market in the US will account for 37.4% of the market share in 2023 and will continue to exhibit strong growth throughout the assessment period.
  • Germany’s microplate instrumentation and systems market will hold 7.9% of the overall market share during 2023.

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Competitive Landscape: 

AESKU, Accuris Instruments, Diagnostics GmbH & Co. KG, Agilent Technologies, Inc., A&D Company Limited., Andrew Alliance SA, and Apricot Designs, Inc., among others, are some of the prominent players in the microplate instrumentation and systems market profiled in the full version of the report.

More Insights into Microplate Instrumentation and Systems Market: 

FMI offers the latest, unbiased, and detailed analysis of the global microplate instrumentation and systems market, providing historical data from 2017 to 2022 and forecast statistics for 2023 to 2033. For a comprehensive understanding of the global market potential, growth, and scope, the market is segmented on the basis of product, application, end users, and region.

According to the reports, based on segmentation, the pharmaceutical and biotechnology companies will likely be the leading category on the basis of end-use. This category will hold about 46.9% of the market share in 2023. Significant research and development activities from these pharmaceutical and biotechnology companies will contribute to the growth of the overall market.

Based on region, the microplate instrumentation and systems market in the US will display impressive growth. The target market in this region will account for a market share of 37.4%. Factors like increasing government initiatives, the popularity of personalized medicines, and the expansion of public and private funding for diagnostic research are accountable for this growth. Other countries like Germany, Japan, and China also aid the growth of the microplate instrumentation and systems market during this period of observation.

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Key Market Segments Covered in Microplate Instrumentation and Systems Industry Research:

Product:

  • Microplate Readers
    • Single-Mode microplate reader
    • Multi-Mode microplate reader
  • Microplate Pipetting Systems and Dispensers
  • Microplate Washers
  • Other

Application:

  • Drug Discovery
  • Clinical Diagnostics
  • Genomics & Proteomics Research
  • Others

End User:

  • Pharmaceutical and Biotechnology Companies
  • Hospitals
  • Research & Academic Institutes
  • Diagnostic Centers

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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Frozen Mackerel Market In-depth Insights, Revenue Details, Regional Analysis by 2032

Frozen Mackerel Market
Frozen Mackerel Market

The predicted value of the worldwide market for frozen mackerel in 2022 was close to US$ 1.11 billion. Mackerel is expected to grow and be devoured across the world for some time due to advancements in refrigeration, conservation, and other types of storage. A CAGR of 6.1% from 2023 to 2033 and a revenue of US$ 2.14 billion is expected to be generated by 2033.

More than 30 different species of mackerel fish exist, and they are rich in various nutrients. It could be found in arctic and tropical waters. These fish are often consumed within a day after being fresh. These items are widely sold as human food since they have a one-day shelf life and are pickled or even cured using vinegar and salt in many different countries.

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The development of canning, refrigeration, and other forms of preservation has made mackerel more resilient and accessible all over the world. In comparison to other fish, the frozen mackerel is more affordable. These variables are anticipated to accelerate market for frozen mackerel during the forecast period.

The primary driver of this market’s growth is consumers’ growing knowledge of the associated health benefits. Because these products are rich in protein, fatty acids, and vitamin B-12, there has also been a rise in consumer demand for them during the course of the forecast period. As consumers become more aware of the health benefits of fish, including immune system boosters and increases in bone strength, cardiovascular wellness, and cognitive health, it is projected that the frozen mackerel market will grow in the coming years.

Key Takeaways from the Market Study

  • Sales of frozen mackerel increased at a CAGR of 4.8% from 2018 to 2022.
  • Horse mackerel is the most popular variety among the species, with a decisive share of more than 57% in 2023.
  • From 2023 to 2033, the demand for aquaculture-derived frozen mackerel is anticipated to grow at a 6.5% annual rate.
  • The most popular variety of frozen mackerel, with a commanding share of more than 42.7% in 2022, is entire round.
  • Through 2033, it is expected that the United States would hold more than 65% of the market in North America.
  • In 2023, the frozen mackerel market in the GCC nations is projected to be worth US$78.2 Mn.
  • Through 2023, Russia is expected to represent about 21.2% of the European market.

“Mackerel consumption rises as a result of a growing population’s preference for protein-rich, nutritious meals, which is anticipated to fuel market expansion throughout the course of the projected period.” Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

In the fields of medicine, food, and feed, frozen mackerel is widely employed. Major producers are working on expanding their network of dealers to reach a larger consumer base due to the strong demand and variety of uses for frozen mackerel.

They are focusing on purchasing smaller businesses to increase their manufacturing and distribution networks. Prominent players in the frozen mackerel market are:

  • Ocean Treasure
  • Kihada Fisheries Co., Ltd
  • Seven Star Ocean Fisheries Limited
  • Pinetree Vietnam Company Limited
  • Subo International Holland
  • Oman Fisheries Co.S.A.O.G
  • LONGSHENG AQUATIC PRODUCTS CO., LTD
  • Lotana LV LTD
  • DAISUI CO.,LTD
  • SARMA FISH S.A.R.

Some key developments of the leading companies in this market are:

  • In Taizhou, Zhejiang, China, Longsheng Aquatic Products Co., Ltd. is a well-known supplier of frozen seafood. They have advanced greatly as a result of the advantages of abundant marine resources and superior product quality. Their primary offerings are Spanish mackerel full round and filets, entirety round and HGT of bonito, whole round and HGT of frozen mackerel, and filets of horse mackerel.

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Key Segments Profiled in the Global Frozen Mackerel Market

By Species:

  • Horse
  • Pacific

By Source:

  • Wild Catch
  • Aquaculture

By Type:

  • Whole Round
  • HGT
  • Fillet
  • Others (flap, etc.)

By Sales Channel:

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

By Application:

  • Food Industry
  • Pharmaceutical Industry
  • Animal Feed
  • Pet Food
  • Food Service
  • Retail

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI 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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Pea Protein Ingredients Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2033

Pea Protein Ingredients Market
Pea Protein Ingredients Market

The pea protein ingredients market is estimated to be valued at US$ 1.6 Billion in 2023 and is rising to US$ 3.4 Billion by 2033. The sales of pea protein ingredients grow at a CAGR of 7.9% during the forecast period.

Throughout the projection period, there will be a rise in demand for pea protein components due to the growing desire for natural and organic plant-based foods. Market prospects are being driven by consumers’ increasing use of pea protein ingredients as healthier lifestyle choices and superior replacements.
The market is expanding due to the growing demand for pea protein components in end-use industries including nutritional supplements and baked goods and snacks. By improving the quality of food and drink, these sectors increase market shares related to chronic illness, iron deficiency, and other health-related issues.

Trainers and athletes’ growing need for pea protein components to support healthy diets and increased muscle development is driving market share. The need for pea protein components is rising as healthcare producers create protein supplements to enhance weight control, calcium absorption, and blood circulation. Expanding consumer awareness of organic food and clean-label products is also propelling the demand for pea protein components.

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Why are Consumers Shifting Demand Towards Pea Protein Ingredients?

People need to remember their healthy lifestyle routines. Therefore, adopting pea protein ingredients in a meal for a wholesome lifestyle is a beneficial solution. The top manufacturers are providing pea protein ingredients as a beneficial substitute and maintaining nutrients among consumers.

Moreover, consumers are shifting towards pea protein ingredients due to rising allergies to animal-based products during the forecast period. Therefore, the end-user companies are innovating different types of food items such as pasta, cookies, cakes, and others with the adoption of pea protein ingredients.

These hypoallergenic food items are driving the demand for pea protein ingredients in their daily meal and are surging market opportunities. The natural property and growing awareness related to a healthy heart are driving the demand for pea protein ingredients among consumers in recent times.

Key Takeaways:

  • The pea protein ingredients market is expected to have a valuation of US$ 3.4 Billion by 2033.
  • With a CAGR of 7.9%, the global market is increasing during the forecast period.
  • The market in the United States is anticipated to grow at a CAGR of 7.7% through 2033.
  • With a CAGR of 7.2%, the U.K. market significantly uplifts during the forecast period.
  • The China market is expected to grow at a CAGR of 7.3% over the forecast period.

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Who is Winning?

The key manufacturers and prominent vendors are driving the market expansion by launching excellent products as per consumers’ requirements. These players focus on consumer expectations and develop better substitute products that complete their satisfaction.

Therefore, these players are making various marketing tactics to uplift market growth. These marketing tactics are mergers, agreements, partnerships, and collaborations.

Some of the prominent players in the pea protein ingredients market are:

  • A&B Ingredients Inc.
  • Nutri Pea Ltd.
  • Archer Daniels Midland Company
  • Kerry Group P.L.C.
  • Cargill Incorporated
  • The Scoular Company
  • Axiom Foods, Inc.
  • Batory Foods
  • L.T. Health Solutions
  • Prinova Group L.L.C.
  • Burcon Nutrascience
  • Cosucra Groupe Warcoing
  • Glanbia Plc.
  • Roquette Frerès SA
  • A.G.T. Food & Ingredients, Inc.
  • World Food Processing L.L.C.
  • Yantai T. Full Biotech Co. Ltd.
  • Suzhou Wanshen Flour Products Co. Ltd.
  • Shandong Jindu Talin Foods Co. Ltd.
  • Others

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Recent Development in the Global Pea Protein Ingredients Market:

In 2020, Beyond Meat announced its partnership with fast food company Starbucks to introduce a new menu in China. Beyond Meat spreads its new food products across all Starbucks locations in China. Their main menus are Beyond Beef Spicy & Sour Wrap, Classic Lasagna and others.

Pea Protein Ingredients Market by Category

By Product Type:

  • Isolates
  • Concentrates
  • Textured

By Application:

  • Bakery and Snacks
  • Dietary Supplements
  • Beverages
  • Meat Analog/Substitutes
  • Others

By Foam:

  • Powder
  • Liquid
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & 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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