Market Research Blog – Page 3760 – New Product Development

Itinerary Aggregators Market Accelerates Towards a US$ 55.6 Million Adventure, Propelled by a 7.5% CAGR Surge by 2033 | FMI

The itinerary aggregators market is estimated at US$ 27 million in 2023 and is projected to reach US$ 55.6 million by 2033, at a CAGR of 7.5% from 2023 to 2033. Itinerary Aggregators market in its parent market (tourism market) is approximate 10% to 15%.

Social and political unrest impacts the travel and tourist sector in some areas. Even if they get travel services at low costs, customers choose to stay away from locations prone to conflict.

The governments of various countries have also warned tourists to stay away from places with diseases or social/political instability. This restricts the availability of Internet travel reservations to certain nations, which impacts the market’s sales.

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The travel industry, in particular, has taken considerable pains to develop its online presence, and it is still evolving quickly, as seen by the recent use of artificial intelligence (AI) in the travel and tourist industries.

In general, travel e-commerce and review websites make up most of the online travel sector. Travel-related e-commerce websites are focused on selling travel-related goods, including flights, lodging, and rental vehicles. This opens up new and favorable opportunities for the key players in the market.

Key Trends in the Itinerary Aggregators Market

Personalization Revolution: Consumers now demand personalized travel experiences, and Itinerary Aggregators are responding with AI-driven customization. These platforms analyze user preferences, offering tailored recommendations for accommodations, activities, and transportation. This personal touch enhances user satisfaction and loyalty.
Integration of Multi-Modal Transport: Seamless connectivity is crucial for modern travelers. Itinerary Aggregators are integrating multi-modal transport options, providing users with a single platform to plan and book flights, trains, buses, and rideshares. This consolidation simplifies travel planning, making it more efficient and convenient.
Blockchain for Transparent Transactions: With the rising concerns about data security and transparent transactions, Blockchain technology is making its mark in the Itinerary Aggregators Market. By leveraging blockchain, these platforms ensure secure transactions, protect user data, and enhance trust between service providers and consumers.
Real-time Collaboration with Service Providers: Itinerary Aggregators are moving towards real-time collaboration with hotels, airlines, and local service providers. This not only ensures up-to-date information for users but also facilitates dynamic pricing models, optimizing cost-efficiency for both consumers and service providers.
Sustainability Integration: As eco-consciousness grows, Itinerary Aggregators are incorporating sustainable travel options. Users can now choose environmentally friendly accommodations, transportation, and activities, aligning with their values. This trend reflects the industry’s commitment to responsible tourism.

Key Takeaways

By 2033, the itinerary aggregators market in the United Kingdom is likely to expand, with a CAGR of 4.2%.
In 2022, the United States developed the itinerary aggregators business with a share of 3%.
The itinerary aggregators market grew considerably to US$ 21 million in 2022.
The itinerary aggregators sector expanded at a CAGR of 5.4% from 2018 to 2022.
By 2033, China’s itinerary aggregators market is projected to develop with a CAGR of 5.8%.
By 2033, India’s itinerary aggregators industry is projected to expand with a CAGR of 6%.
Japan’s itinerary aggregators industry grew significantly, with a 4% share in 2022.
Australia’s itinerary aggregators sector expanded with a share of 5% in 2022.
Germany’s itinerary aggregators business has grown, with a share of 5.8% in 2022.
In 2022, tour aggregators dominated the market, with a share of 27%, based on the aggregator type.
In 2022, package travel dominated the market, with a share of 26%, based on tour type.
The number of tourists between the ages of 15 and 25 as well as between 26 and 35 and 36 to 45 are expected to rise dramatically.

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Competitors Winning Strategies

The ability to evaluate a wide range of available travel options and quick and simple flight and hotel reservations drive growth in the itinerary aggregators business. Being one of the most popular methods for booking travel, particularly among young professionals, market participants are heavily promoting their travel services through mobile websites and applications.

Recent Development:

To facilitate travel in 2019, Booking Holdings Inc. launched a new flying product area in Agoda. They also added flight bundles to the list of flying items to offer their customers tempting discounts.
Many additional international firms, like Expedia (America), Trivago (Germany), Agoda (Singapore), Airbnb (United States), and TripAdvisor (USA), among others, have targeted the Indian tourism and travel sector. Some players are connecting to India under the pretense of rapid expansion.

Key players

Omio
AndesTransit
Skyscanner
Hopper
Kiwi.com
Plum Guide
VagabondBase
Amadeus
TripAdvisor
RedBus
Rome2Rio
Trainline
Travoline
Booking Holdings Inc.
Tictactrip
Airbnb
Expedia
Tongcheng Travel Holdings ltd
Hilton Worldwide Holdings, Inc.
EF Go Ahead Tours

Key Segmentation

By Aggregators Type:

Flight Aggregators
Hotel Aggregators
Tour Aggregators
Intermodal / Multimodal Aggregators
Others

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveler
Tour Group
Package Traveler

By Consumer Orientation:

Men
Women
Children

By Age Group:

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

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

About Future Market Insights (FMI)

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

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Future Market Insights Inc.
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T: +1-845-579-5705
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Global Veterinary Disinfectants for Pets and Farms Market is on track to exceed $7.3 Billion in valuation by 2033

As per the latest study by Future Market Insights, the global veterinary disinfectant for pets and farms market is set to surge, reaching a staggering valuation of approximately US$ 7.3 Billion by the year 2033, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 7.7%. The market is slated to witness an upward trajectory, building upon a valuation of US$ 3.5 Billion by the end of 2023.

This significant growth is underlined by a recent report indicating the dominance of iodine-based disinfectants, projected to capture an estimated share of around 52.4% within the global market by the end of 2023. The escalating adoption of these disinfectants underscores their efficacy and reliability in maintaining a safe and hygienic environment for pets and farms, thus propelling the market growth substantially.

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The anticipated expansion of the Veterinary Disinfectant market is attributed to the heightened awareness among pet owners and farm managers regarding the importance of stringent hygiene practices. This trend is coupled with the increasing emphasis on animal welfare and biosecurity measures across veterinary practices and agricultural settings.

Key participants within the industry are working on developing unique methods of cleaning and disinfecting animals along with animal facilities. This is predicted to lead to faster growth within the market for veterinary disinfectants for pets and farms in the coming years. Furthermore, various governments are now actively focusing on raising awareness about veterinary products, which is projected to drive the animal disinfectant market’s growth throughout the forecast period. The World Veterinary Association recently published the first-ever worldwide list of necessary veterinary drugs for cattle on January 25, 2021. The list includes efficient and cost-effective basic medications and immunizations that should be accessible in every country and from every veterinarian.

Key Takeaways:

Animal disinfection products are actively being released by dominant market participants. This factor is anticipated to fuel the market expansion over the projection period. In order to prevent the widespread of diseases to both people and animals, key market players are using disinfecting veterinary equipment, the hands of the medical staff at veterinary clinics, and other surfaces.

The global expansion of the veterinary industry is attributed to the increase in pet ownership, accelerated adoption of pet insurance, pet humanization among the expanding urban populations around the world, and increased social media awareness of the need for animal welfare.

Two crucial advances within the treatment center market comprise the usage of big data in veterinary care to efficiently identify and analyze potential illnesses along with wearables to monitor pet health. Wearables give data to owners, farmers, and veterinarians about body temperature, heart rate, respiration rate, pH levels, and other vital signs.

Across various veterinary testing facilities, few tests are carried out efficiently in chemistry, pathology, endocrinology, serology, hematology, and microbiology. Two of the newest diagnostic techniques used in veterinary laboratories are DNA testing and protein tests.

The number of livestock is on a rise globally. The population of livestock and poultry witnessed a significant rise over the years preceding 2021. This trend is common specifically in developing countries like China, India, and Brazil.

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Competitive Landscape:

Attributing to significant advancements in biotech, artificial intelligence, genomics, cloud computing, and big data technology, the veterinary healthcare market in the United Kingdom has been rapidly changing in recent years. This has led to competition between major animal health companies and partnerships with cutting-edge start-ups.

Over recent years, there have been numerous mergers and acquisitions in the industry due to which the market is expected to be competitive. The powerful CEOs of prominent companies prioritize commercialization, new product launches, and strategic alliances for company growth. Furthermore, in order to develop unique products and increase revenue, many businesses invest heavily in research.

More Insights into the Veterinary Disinfectant for Pets and Farms Market:

The North American region is anticipated to dominate the global veterinary disinfectant for pets and farms market. The United States is set to account for about 23.5% of the total market share by 2023 and is expected to continue to experience the same growth throughout the forecast period.

Key Market Players:

Neogen Corporation,
GEA,
Lanxess AG,
Zoetis,
Kersia Group,
CID Lines,
Albert Kerbl GmbH,
PCC Group,
Laboratoires Ceetel- CMPC,
G Sheperd Animal Health,
Sanosil AG

Key Market Segments Covered in Veterinary Disinfectant for Pets and Farms Industry Research:

Product:

Iodine
Lactic Acid
Hydrogen Peroxide
Phenolic Acid
Peracetic Acid
Quaternary Compounds
Chlorine
Chlorine Dioxide
Chlorohexidine
Glut-Quat Mixes
Glycolic Acid
Others

Application:

Dairy Cleaning
Swine
Poultry
Equine
Dairy Ruminant
Aquaculture

Form:

Liquid
Powder

Region:

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

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About Future Market Insights (FMI)

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

Contact Us:

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Egg Powder Market to Surge at 4.9% CAGR, Reaching US$ 2.6 Billion by 2032 | FMI

The global egg powder market is set to witness growth at a CAGR of 4.9% and is anticipated to reach a valuation of around USD 2.6 Bn by 2032.

Because egg powder is a complete protein that is diet-friendly, lactose-free, and helps with muscle regeneration, its prospects are being strengthened by the expanding health and wellness trend. The lactose-free nature of egg powder has recently aroused interest as a possible substitute for whey substitutes derived from dairy.
The increasing popularity of protein powders can be linked to the growing trend of health and wellness, as leading companies in the industry have benefited from the quick growth of foods that are naturally high in protein. Top businesses in the sector are vying with one another to expand their sources of income by taking advantage of egg powder’s clean label reputation.
Further obscuring the boundaries of appropriate use for complete protein powders are pharmaceuticals and dietary supplements. As a result, the market participants now have additional opportunities for food processing and pharmaceuticals.

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Key Takeaways from Market Study

The market is segmented based on type, wherein whole egg powder is anticipated to account for around 40% of the market share over the forecast period.
The North American egg powder market is expected to witness a lucrative growth rate of 5.0% during the forecast period.
North America is inferred to account for 2/5th of the global egg powder consumption through 2032
Use of egg powder sold in food and beverages is expected to hold a market share of over 30% in the forecast period

The supply chain for the egg powder market was severely hindered by the pandemic, resulting in a sales slowdown. However, with the recovery of the economy and rising consumer demand for healthy and nutritious foods, the business is expected to grow significantly.

“Considering the ongoing trend of consuming innovative clean label products, the egg powder market is extremely likely to see a new wave of application possibilities emerge in the future years,” Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

Consumers’ preferences appear to be shifting towards classic and unique flavors and tastes in recent years, as a result egg powder manufacturers have adjusted their focus towards customer-centric product offerings.

This has creates a window of opportunity for producers who are wagered to try out new varieties and develop unique products. Companies have established a roadmap to manufacture products that address consumer needs and regularly launch new in-trend products owing to innovation-driven methods. The lucrativeness of the industry is expected to steadily rise in years to come as innovation adds new dimensions to egg powder manufacturers’ capabilities.

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Egg Powder Market By Category

By Type, Egg Powder Market is Segmented as:

Whole Egg
Egg White
Egg Yolk

By End Use, Egg Powder Market is Segmented as:

Food & Beverages
- Bakery
- Confectionery
- Sauces & Dressing
- Others
Personal Care & Cosmetics
Pharma
Dietary Supplements
Animal Feed & Pet Food
HoReCa
Others

By Sales Channel, Egg Powder Market is Segmented as:

Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
Online Sales Channel
- Company Website
- E-commerce Platform

By Region, Egg Powder Market is Segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
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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Treasury and Risk Management Application Market Expected to Reach US$ 7.1 Billion by 2028, Driven by 8% CAGR Growth

The global treasury and risk management application market is expected to register a global CAGR of 7.6% during the forecast period of 2022 – 2028. The SEA & others of APAC and Eastern Europe regions are expected to account for an approximate market share of 40% by the end of the forecast period.

Among the components of the treasury and risk management applications market, software components are expected to register the highest growth in the global treasury and risk management application market. Under the treasury and risk management application service components, consulting services are expected to dominate the global treasury and risk management application market throughout the forecast period.

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On the basis of application, financial resource management applications are expected to register the highest market share in the global treasury and risk management application market by the end of the forecast period. On the basis of the deployment type of treasury and risk management applications, cloud-integrated treasury and risk management applications are expected to witness a higher growth rate as compared to the on-premise deployment type.

Treasury and Risk Management Application Market: Analysis & Overview

The global annual revenue from the deployment of treasury and risk management applications is expected to be valued at US$ 3,896.6 Mn by the end of 2020. The dominant regions, i.e., North America, Eastern Europe, SEA & others of APAC and Western Europe, are expected to collectively account for a majority share of the global treasury and risk management application market. The treasury and risk management application markets in Southeast Asia & other Asia Pacific and Eastern Europe are likely to dominate the global treasury and risk management application market over the forecast period.

In the coming years, small and medium enterprises are expected to be the top adopters of treasury and risk management applications. Treasury and risk management applications help enterprises improve their business functionality by minimising operating costs and improving productivity, due to which investments in treasury and risk management applications are witnessing significant growth. These factors are expected to boost the treasury and risk management application market across the globe. Moreover, treasury and risk management applications have also been adopted by various governments for storing the data as a backup to deal with expected as well as unexpected financial emergencies.

On the basis of FMI analysis, a noteworthy traction of professional and consulting services is expected with the increasing deployment and integration of treasury and risk management application software globally. One of the major factors driving the global treasury and risk management application market is the growing digital transformation in the manufacturing, retail and wholesale sectors.

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Treasury and Risk Management Application Market: Regional Overview

The market in Southeast Asia and others of Asia Pacific region is expected to present the most attractive opportunities for treasury and risk management application providers, followed by the Latin America market. The treasury and risk management application market in SEA and others of APAC is estimated to expand at a significant CAGR in terms of value over the forecast period. Furthermore, the treasury and risk management application market in Latin America is also expected to witness significantly high growth.

The market value of treasury and risk management applications in Eastern Europe is projected to register a total incremental opportunity of US$ 744.0 Million. However, by the end of 2020, the North American treasury and risk management application market is expected to continue to dominate the global treasury and risk management application market due to the large presence of treasury and risk management application providers as well as a strong platform for the growth of the IT finance industry in the region.

Major Key Players in the Market:

SAP SE
Oracle Corporation
FIS
Sage Group PLC
Kyriba Corporation
PREFIS JSC
Openlink
ION
MORS Software
Wolters Kluwer
Fiserv Inc.
PwC
Reval
Broadridge Financial Solutions Inc.
Calypso

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Treasury and Risk Management Application Industry Segmentation:

By Component :

Software
Services
Professional Services
Consulting Services

By Application :

Account Management
Cash and Liquidity Management
Compliance and Risk Management
Financial Resource Management

By Deployment Type :

On-premise
Cloud

By Region :

North America
Latin America
Europe
East Asia
South Asia & Pacific
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

Traffic Management System Market Sees Momentum, Anticipates Remarkable 12% CAGR, Forecasting US$ 74.09 Billion by 2033

The global traffic management system market is anticipated to be valued US$ 26.72 billion by 2023. During the forecast period, the market is expected to grow at a CAGR of around 12%, reaching US$ 74.09 billion by 2033.

The market has been steadily growing in recent years, owing to rising urbanisation and population increase. As a result, traffic congestion has increased, as has the demand for efficient traffic control solutions. The advent of smart cities, as well as the adoption of connected devices and IoT technologies, are all contributing to the market’s expansion.

The market offers numerous chances for expansion and growth. The rise of big data analytics, artificial intelligence, and machine learning technologies is creating new opportunities for building innovative and efficient traffic management solutions. Furthermore, as the demand for sustainable and eco-friendly transportation solutions grows, manufacturers will have more opportunities to develop green traffic management systems.

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There is a growing emphasis on providing integrated and multimodal solutions that can meet consumers’ different needs. In addition, there is a growing trend towards the use of cloud-based traffic management solutions, which provide scalability, flexibility, and cost-efficiency. Furthermore, the use of real-time traffic data and predictive analytics is becoming more common, allowing traffic management systems to manage traffic flows and optimise routes more proactively.

Key Takeaways from the Traffic Management System Market Report:

By 2033, the United States is predicted to have the notable market share of 25%.
By 2033, India is estimated to account for about 41.5% of South Asia Pacific market share.
Demand for traffic management systems in Japan is anticipated to expand at a CAGR of 16% over the forecast period.
Russia’s traffic management system market is expected to develop at a 12% CAGR during the assessment period.
The Automatic Number Plate Recognition (ANPR) system segment is predicted to increase at a 9.4% CAGR throughout the forecast period.
The urban traffic management and control application category is projected to expand by 14.2% throughout the projection period.

Players Opting for Advanced Manufacturing Techniques to Develop Cost-efficient Traffic Management Systems

The traffic management system industry is highly competitive, with several players operating in the market. The industry is dominated by a few large players, including Siemens AG, IBM Corporation, Thales Group, Cisco Systems, Inc., and Kapsch TrafficCom AG, who hold significant market shares.

Key players in the market have been focusing on expanding their market presence through strategic partnerships, collaborations, and acquisitions. For instance, in 2020, Siemens AG acquired HaCon, a leading provider of software solutions for public transportation, to expand its portfolio of intelligent traffic management solutions.

In addition to the established players, there are also several emerging players and start-ups in the market, that are introducing innovative and disruptive traffic management solutions. These new entrants are leveraging advanced technologies such as AI, machine learning, and big data analytics to develop efficient and cost-effective traffic management systems.

The traffic management system industry also faces several challenges, including high entry barriers and the lack of standardization and interoperability among systems. These challenges can make it difficult for new players to enter the market and compete with established players.

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Recent Developments in the Traffic Management System Market:

Efftronics joined forces with WAGO, a producer of electrical connections and automation solutions used in traffic control, in November 2021. The agreement was announced to develop goods and solutions to enhance corporate processes.
Siemens introduced Sitraffic Symphony, a platform for traffic management, in October 2021. It is a sophisticated system that solves several difficulties at the same time by coordinating response plans and activities from numerous organizations.

Key Players:

IBM Corporation
Metro Infrasys Pvt.Ltd
Cisco Systems, Inc.
Kapsch TrafficCom
Blue Star Limited
Cubic Corporation
Siemens
Omnitec Group
Swarco
MAV Systems Limited
Atkins
PTV Group
Efftronics Systems Pvt. Ltd
Aesys S.p.A
Jenoptik Group
All Traffic Solutions
FLIR Systems
BioEnable
Iteris, Inc.

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Traffic Management System Market Outlook by Category

By System:

Speed Enforcement Systems
Video Surveillance Systems
Congestion Management Systems
Variable Message Signs (VMS)
Traffic Counters and Classifiers
Incident Detection Systems
Automatic Number Plate Recognition (ANPR)
Others

By Component:

Hardware
Software
Services

By Application:

Urban Traffic Management & Control
Adaptive Traffic Control
Dynamic Traffic Control & Management
Others

By Region:

North America
Latin America
Europe
East Asia
South 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.

Contact Us:

Nandini Singh Sawlani

Video Walls Market on the Rise: Forecasted to Reach US$ 22,767.9 Million by 2033, Driven by a Striking 10.5% CAGR

The video walls market is expected to reach a value of approximately US$ 8.39 billion in 2023. Over the next decade, it is projected to grow significantly, reaching a market valuation of around US$ 22.77 billion by 2033. This growth is anticipated to occur at a steady annual rate of 10.5% throughout the forecast period.

North America is expected to be a major player in the video walls market over the next decade. The U.S., particularly, is anticipated to drive sales revenue growth through 2033 as it’s an ideal destination for digital advertising opportunities and investments.

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The utility for desirable features such as high resolution, enhanced brightness, powerful processing/computing systems, and low maintenance requirements have made video walls a reliable channel for interactive presentations, broadcasting, and security surveillance. In recent times, the media & broadcasting industry has flourished, increasing video walls application in sports stadiums, open theatres, and concerts. Video walls are in demand for their superior user experience, propelled by the integration of the latest technologies, such as Artificial Intelligence (AI) and the Internet of Things (IoT).

Video walls are finding extensive application in smart cities, across airports, railways, bus stations, and so on. There is a rise in demand for digital content channels targeting travelers. Video walls also tend to find essential applications in the research industry for seamless data sharing.

Factors such as the high cost of installations, competition from adjacent market segments, and consumer dissatisfaction due to irregular display experiences between multiple screens hamper the market growth. As a result, the CAGR has depreciated to 13.2% from the previously recorded CAGR of 18.1% between 2017 and 2022.

Key Takeaways from the Video Walls Market Report:

The United States currently dominates the regional market with a global video walls market share of 37.7% US$ 3.4 Billion in 2023.
United States is expected to record the highest CAGR during the forecast period at 13.1%
LED video walls are expected to register a CAGR of 12.8% during the forecast period
The China market is expected to reach a valuation of US$ 2.2 Billion by 2033
The United States market is projected to achieve a revenue of US$ 11.8 Billion by 2033, with the highest growth of US$ 8.4 Billion over the forecast period
The UK market is expected to reach a value of US$ 1.3 Billion by 2033 at a CAGR of 12.5% between 2023 and 2033.

Important Market Developments:

In January 2020, LG Business Solutions USA launched two new 55-inch LCD video wall panels with 0.44mm bezels. This aids in enhanced video wall installations. The product also features a new embedded Smart Calibration tool that helps cut down on both installation and maintenance, for significant time and cost savings.
In August 2020, Primeview introduced FusionMAX LED Video Walls. This enhanced product variant features a 32:9 Aspect Ratio. It also comes with the world’s first 38401080-pixel resolution, bezel-free panel display. It aids in eliminating the most common custom video wall issues.
In 2022, Planar announced that it aims to launch a diverse portfolio of emerging broadcast technologies at NAB 2022. This encompasses diverse technologies such as cutting-edge fine-pitch LED display solutions for in-camera virtual production and advanced motion capture (Mocap) solutions for fine camera tracking.

Major Key Players:

Samsung Electronics Co., Ltd.
NEC Display Solutions
Koninklijke Philips N.V.
Barco
Leyard
Panasonic Corporation
Christie Digital Systems USA, Inc.
Delta Electronics, Inc.
AU Optronics Corp.
Navori SA
Prysm, Inc.
Unilumin
Shenzhen CLT LED Technology Co., Ltd

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Video Walls Market Segmentation:

By Component:

Video Walls Hardware
Video Walls Software
Video Walls Services

By Display Technology:

LED Video Walls
LCD Video Walls
Others

By Industry:

Government & Public
Retail & Consumer Goods
Travel & Hospitality
Education
Healthcare
Media & Entertainment
Others

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East and Africa

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Nandini Singh Sawlani

Tower Mounted Amplifier (TMA) Market Surges: Projected Growth to US$ 8.54 Billion by 2027, Propelled by 7.8% CAGR

The Tower Mounted Amplifiers Market, Future Market Insights’ market research analysis offers a thorough examination of the global market. The research analysis covers significant product innovations, market growth drivers, market growth inhibitors, and growth-promoting variables for tower mounted amplifiers globally. The paper also includes historical information, analysis, and scenarios for the current and upcoming markets (2022–2027).

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Emerging IoT and M2M technologies and other technological advances are driving the growth of the global tower mounted amplifier market

Due to the rise in connected devices over the past few years, Internet of Things (IoT) technology has attracted a lot of attention. IoT-based services are offered to large corporations as well as small and medium-sized businesses (SMEs) by a range of telecom operators. Machine-to-machine (M2M) communication and wireless transactions are just a couple of the advantages that consumers may get from IoT-based services, which are also reasonably priced. To expand coverage and use less battery power, these devices need a power amplifier. Due of this, network service providers now favour tower-mounted amplifiers, which has in turn helped the market for tower-mounted amplifiers grow globally.

Additionally, many parts of the world are experiencing a faster rate of improvement in communications technologies due to the growing use of contemporary technologies like fibre optics, 4G and 5G upgrades, and numerous other networking technologies. Additionally, virtualization advances the telecom industry and gives users the opportunity to take use of cloud-delivered software solutions. In order to easily access data at any time, smartphone users can now save their data in the cloud, which raises the need for a strong network connection. As a result, tower-mounted amplifier use, which dominates the global market, increased.

Leading Key Players:

CommScope Inc.
Filtronic plc.
Westell Technologies
Tessco Technologies Inc.
Amphenol Antenna Solutions
Comba Telecom Systems Holdings Ltd.
Molex, Inc.
Kaelus, Inc.
NXP Semiconductors N.V.
Combilent A/S
Eyecom Telecommunications Group
Communication Components Inc.
Radio Design Ltd.

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Key Segments of Tower Mounted Amplifier Industry Segmentation:

Tower Mounted Amplifier by Product:

· Single Band

· Dual Band

· Triple Band

· Multi Band

Tower Mounted Amplifier by Modularity:

· 1-Single

· 2-Twin

· 4-Quad

Tower Mounted Amplifier Market by Region:

· North America

· Latin America

· Europe

· East Asia

· South Asia & Pacific

· 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.

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Spirulina Extracts Market – Notable Developments Encouraged to Reach USD 234.8 million by 2034

The global Spirulina Extract market is estimated at USD 58.9 million in 2024, set to burgeon at a remarkable CAGR of 14.8% from 2024 to 2034. Rich in peptides and phytonutrients, spirulina extracts have become a versatile element in skincare products, surpassing the limitations of traditional diets. Due to the many uses of spirulina extracts, such as in beauty and nutritional supplements, the market is expected to reach a valuation of USD 234.8 million by 2034.
The market for spirulina extracts has grown significantly in recent years due to the rising demand for dietary supplements that are sustainable and natural. Rich in nutrients, spirulina is a blue-green algae that has a high protein content as well as antioxidants, vitamins, and minerals. Spirulina has become a popular superfood as people turn more and more towards plant-based diets and environmentally friendly substitutes.

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Spirulina Extract Market Trend Analysis:

Functional Foods Surge: The market capitalizes on the growing consumer interest in functional foods, with Spirulina finding its way into snacks, beverages, and supplements.
Plant-Based Diet Influence: Spirulina Extracts, being a rich source of plant-based protein, align with the rising demand for vegetarian and vegan alternatives, influencing market growth.
Clean Label Demand: Increasing preference for natural food colors, coupled with clean label trends, propels Spirulina Extracts into the limelight.

Key Developments

Germany leads the pack: With a sizeable 33.0% share, Germany has the greatest market share among the listed nations in the spirulina extracts industry. This shows that there is a significant market for spirulina-based goods in the nation, driven by things like health consciousness and a preference for natural and sustainable options.
Increasing stature in the US: With a market share of 32.0%, the US ranks second to Germany. This demonstrates how spirulina extracts are becoming more and more popular in the United States as people become more aware of the health advantages of consuming it. The convenience and ready-to-eat food trend also helps the nation’s market expand.
Emerging market prospects in China and India: With respective market shares of 8.7% and 6.4%, China and India both have sizable market shares. These developing nations’ disposable incomes are rising quickly, and their populations are becoming more health concerned. Manufacturers of spirulina extracts now have excellent growth potential to enter these enormous consumer markets.
Limited market presence in Japan and Australia: With market shares of 6.6% and 1.5%, respectively, Japan and Australia currently have lower market penetration. The rising demand for natural and useful food products, however, means that these nations still have opportunity for growth. There is potential for the spirulina extracts market to grow in these areas as consumer awareness rises.
Promising growth in the UK: The UK’s 7.0% market share suggests that there is a steady demand for spirulina extracts. Consumers are actively looking for novel and sustainable dietary options as the health and wellness movement continues to take hold in the nation, creating potential growth prospects in the market.

Competitive Landscape

The market for spirulina extracts is characterized by intense rivalry, with a few key manufacturers controlling a sizeable portion of the industry and enjoying great brand awareness. These established firms have strong distribution networks, which ratchets up the market’s rivalry. Although there is competition, the market is nonetheless profitable and continues to draw new players and investment. It is important to note that enterprises trying to get a footing in the industry have difficulties due to the high cost of marketing.

Cyanotech Corporation

Spirulina extracts are produced in large quantities by Cyanotech Corporation, one of the industry leaders. The business has been operating for more than 30 years and has a well-known brand in the marketplace. Spirulina extracts are available from Cyanotech Corporation in a variety of forms, including powder, liquid, and capsules.

Earthrise Nutritionals

This esteemed manufacturer of spirulina extracts is another. The business, which was established in 1990, places a big emphasis on sustainability. Spirulina extracts are available from Earthrise Nutritionals in a variety of forms, including powder, liquid, and capsules.

Phycom

In Europe, Phycom is a top manufacturer of spirulina extracts. The business was established in 1995 and places a big emphasis on research and development. Spirulina extracts are available from Phycom in a variety of forms, including powder, liquid, and capsules.

Algaetech International

The business was established in 2000 and places a big emphasis on quality control. Spirulina extracts are available from Algaetech International in a variety of forms, including powder, liquid, and capsules.

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Key Developments

Growing popularity of vegan and sustainable diets: The market for spirulina extracts is expanding as people place more emphasis on healthy, plant-based diets. Being a plant-based protein source, spirulina fits the criteria of consumers looking for environmentally beneficial and sustainable food solutions. Younger generations, who place a higher priority on food choices that promote health, sustainability, and ethics, are particularly affected by this trend.
Technology developments in extraction and processing: The market for spirulina extracts is expanding as a result of ongoing technological advancements in extraction and processing. Higher yields and better product formulations are the outcome of these improvements, which improve the effectiveness and calibre of spirulina extraction. These technological advancements make it possible for producers to fulfil the increasing demand for spirulina extracts while preserving the nutritional content, purity, and integrity of their products.

Key Segments in the Spirulina Extracts Market

By Nature:

Organic
Conventional

By Application:

Beverage
- Milk Drinks & Milk Alternatives
- Alcoholic Beverages
- Carbonates (Carbonated Soft Drinks)
- Sports Drinks
- Coffee & Cocoa
- Tea
- Energy Drink
- Juice Based Drinks
- Flavored water
- Enhanced Water
- Sparkling Waters
Bakery, Snacks, & Cereal
- Breakfast Cereal
- Bread
- Cakes & Pastries
- Cookies
- Biscuits & Cones
- Frosting / Icing
- Crackers & Savory Snacks
Candy / Confectionery
- Panned Candy
- Chocolate & Compound Coating
- Gummies
- Chewing Gum
- Jellies & Licorice
- Sprinkles & Sugar
- Hard Candies / Boiled Sweets
Dairy
- Cheese
- Ice Cream
- Milk Drinks & Milk Alternatives
- Pudding / Custard
- Dips & Spreads
- Yogurt
Fruit Preparations / Fillings
Meat, Poultry, Fish, & Eggs
- Casings
- Egg & Egg Substitute
- Fish / Seafood
- Jerky
- Meat Substitute
- Processed Meat & Poultry
Potatoes, Pasta, & Rice
- Pasta
- Potato Chips / Crisps
- Processed Potatoes
- Rice
Sauces, Soups, & Dressings
- Asian Sauces
- Barbecue & Steak Sauce
- Condiments
- Gravy / Dry Sauce Mix
- Marinade
- Oils & Dressings
Seasonings
- Batter
- Breading and Coating
- Bouillon / Soup Base / Stock
- Liquid Smoke
- Spice Blends / Dry Seasonings
Pet Food
- Extruded / Dry Pet Food
- Snacks / Treats
- Wet Food

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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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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Fluorinated Bottle Market Trends: Industry Reaching US$ 55.7 Billion by 2033

According to Future Market Insights (FMI), the global Fluorinated Bottle market is estimated to reach US$ 36.9 Bn in 2023. Total fluorinated bottle sales are projected to rise at 4.2% CAGR between 2023 and 2033, totaling US$ 55.7 Bn by 2033.

Fluorinated Bottle are made of chemical, heat, and cold-resistant material. As a result, they are ideal for storing automotive fluids like oil, gasoline, and brake fluid. These bottles are also transparent, allowing users to see the level of fluid inside. The screw-on cap on Fluorinated Bottle seals tightly. This eliminates leaks and spills.

Fluorinated Bottle contribute to the automotive industry by providing a long-lasting, heat-resistant container for automotive fluids. Brake fluid, engine oil, and other automotive fluids are frequently stored and transported in Fluorinated Bottle.

Demand remains particularly high for polyethylene-based Fluorinated Bottle owing to their various attractive advantages. Polyethylene is a versatile material that can be used for a variety of applications. It is strong and durable, making it an ideal material for Fluorinated Bottle.

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Rising applications of Fluorinated Bottle in industries like automotive, chemical, and cosmetics & personal care is a key factor driving the global Fluorinated Bottle market forward. Similarly, surging demand for leakage-free and non-toxic packaging along with growing environmental concerns is expected to propel fluorinated bottle sales during the forecast period.

Growth Opportunities

Fluorinated Bottle, unlike other materials, are highly resistant to mildew, mold, and rot, making them the best material for large-scale bottle consumption. Furthermore, because these bottles can be sterilized by heat, they are ideal for storing products.

Fluorinated Bottle are a great barrier against oxygen and moisture. This helps to keep the lubricants fresher for longer. These bottles are also chemically resistant. This means they will not react with lubricants or oil, and they will not leach any chemicals into the product. They are also very strong and durable.

They are resistant to wear and tear and are not easily damaged. High-density polyethylene (HDPE) bottles are expected to grow in popularity as a result of these properties. Thus, the distinctive properties of Fluorinated Bottle will continue to generate growth prospects for the market.

Key Players

Key players operating in the global Fluorinated Bottle market are MJS PACKAGING, CL SMITH, Cole Parmer, Thermo Fisher Scientific, and VWR International. Other noticeable players in the market include Semadeni AG, Savillex, Fidel Fillaud, IPACKCHEM Group, Sanplatec Group, and others.

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Key Takeaways from Fluorinated Bottle Market

Based on material, polyethylene segment is expected to account for around 82% of the Fluorinated Bottle market by the end of 2023.
By capacity, the 5 Oz to 15 Oz segment is projected to grow 1.5 times the current market value over the forecast period.
In terms of end use, chemical segment is anticipated to expand at a CAGR of 4.6% during the assessment period.
North America and Europe together hold the largest share of the global Fluorinated Bottle market during the forecast period
India’s Fluorinated Bottle market is anticipated to grow at 5.1% CAGR between 2023 and 2033.
Germany is projected to account for around 26% of Europe Fluorinated Bottle market by the end of 2023

Fluorinated Bottle Industry by Category

By Material:

Polyethylene
Polypropylene

By Capacity:

Below 5 Oz
5 Oz to 15 Oz
More than 15 Oz

By End Use:

Chemical
Automotive
Cosmetics & Personal Care

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Dry Yeast Market Poised for Remarkable Growth at Nearly US$ 102.7 billion by 2034 | FMI

The dry yeast market is estimated to be valued at US$ 50.36 billion in 2024. The dry yeast is predicted to rise at a moderate CAGR of 7.4% from 2024 to 2034. The global market is anticipated to reach US$ 102.7 billion by 2034.

Growth is underpinned by rising awareness about the importance of nutrition-enhanced animal foods. As pet ownership rises, consumers are looking for healthier food options. Dry yeast helps achieve this objective. They assist in improving digestion and reduce the risk of diseases.

More recently, veganism has dictated dietary preferences, owing to growing environmental degradation concerns posed due to production of animal-based foods. Additionally, vegan feeds are richer in nutritional content and improve feed quality. This shifting consumer trend is compelling manufacturers to incorporate dry yeast in animal feed production.

Palatability is an important factor while selecting animal feeds. Dry yeast helps in this regard by imparting an umami taste, thereby indulging the sensory experience of animals. Based on these trend, the dry yeast market will experience a major uptick across the aforementioned forecast period.

“Surging popularity of yeast-derived products is compelling manufacturing to diversify existing portfolios by introducing new products in collaboration with other players and expansion of their production capabilities,” Nandini Roy Choudhury, Client Partner at Future Market Insights

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Key Takeaways from FMI’s Dry Yeast Market Report

Active dry yeast shall be the most extensively used culture to enhance pet feeds in the forecast period
Rising veganism trends are accelerating organic dry yeast usage
Global dry yeast market shall surpass US$ 103.7 billion by 2034
Dry yeast market has transitioned from being a niche market to a mainstream market
Europe shall emerge as a revenue powerhouse of the dry yeast market, attributed to surging awareness about healthy foods

Dry Yeast Market- Key Trends

Rising preference for clean label ingredients by consumers shall underpin dry yeast market growth in the forecast period
Humanization of pets is bolstering appetite for high quality and premium pet food options, providing traction to the dry yeast market
Blanket ban on antibiotics usage in animal feeds is auguring demand for dry yeast as an effective substitute
High prices of yeast-based feeds renders them unaffordable to low and middle-income consumers, restricting growth prospects

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Dry Yeast Market- Competitive Landscape

Prominent players in the dry yeast market include Bellarise, SAF Instant Yeast, ADY, Kerry Group, ADM, Sensient Technologies Corporation, Associated British Foods, Red Star Active Dry Yeast and Titan Biotech Ltd., to name a few. These players are concentrating on introducing new products to enhance their product portfolio.

Titan Biotech, for instance, manufactures the Yeast Extract Powder Type 1 for usage in non-alcohol based foodstuffs. Likewise, ADM Animal Nutrition introduced yeast protein for animals in 2018. Recently, in 2020, it also launched the NutriPass L encapsulated lysine supplement for bovine animals, especially for lactating cows and growing cattle.

Dry Yeast Market Taxonomy

Product Type

Active Dry Yeast
Inactive Dry Yeast

Form

Powder
Flakes
Tablet Capsule

Base

Fortified
Unfortified

Nature

Organic
Conventional

Sales Channel

B2B
B2C
Modern Trade
Specialty Stores
Convenience Store
Online Retail
Other Sales Channel

Region/Country

North America

U.S
Canada

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Europe

EU-5
BENELUX
Russia
Poland
Rest of Europe

South Asia

India
Pakistan
Sri Lanka

East Asia

China
Japan
South Korea

Oceania

Australia
New Zealand

Middle East & Africa

GCC
Turkey
South Africa
Rest of MEA

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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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