Healthy Takeout Market Projected to Surge to US$49.4474 Billion by 2033, Reflecting a Flourishing Trend Towards Nutritious Dining Options

According to FMI, the healthy takeout market worth would rise from US$ 19.836 billion in 2023 to US$ 49.4474 billion in 2033. Through 2033, the healthy takeaway market is predicted to grow at a CAGR of 10.4%.

As health-conscious consumers seek accessible yet nutritious food options, the Healthy Takeaway Market is rapidly expanding. The market caters to the changing expectations of people who lead busy lives by emphasising fresh ingredients, balanced meals, and dietary choices. The rise of online ordering platforms and growing awareness of healthy eating help to drive market growth.

The growing popularity of online platforms among consumers who prefer to eat at home but still want restaurant-quality food has hastened the development of important trends and possibilities in the healthy takeout sector. Because of the increase in demand for healthy takeaway, the market for healthy takeaway is expected to expand and undergo a spike in future trends.

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Consumer demographics, eating habits, and busy schedules, as well as technology and labour availability changes, are driving the demand for healthy takeaway and the potential in the healthy takeaway industry in the near future.

In today’s competitive company environment, numerous healthy takeaway market firms are employing various marketing and sales healthy takeaway market tactics to build their consumer base. These techniques include providing customers with a healthy takeaway option or directly delivering restaurant meals.

The healthy takeaway market is expected to rise rapidly due to increased demand for healthy takeaway. Consumer preferences for online ordering, expanding online marketing tactics used by businesses to reach customers, and consumers’ preference for clean eating over fast food when placing orders are expected to drive future trends in the healthy takeaway sector.

Furthermore, demand for healthy takeout, fresh food, quick home delivery, and easy accessibility are some of the factors that could propel the healthy takeout market growth during the forecast period.

Due to high presence of healthy takeout service companies, rising demand for healthy takeout’s customization in food offerings, high acceptance of healthy takeout, intensive advertising by key players for hygienic healthy takeout services, presence of restaurant chains that offer healthy takeout market services, and growing demand for healthy takeout and ready-to-eat products, North America dominates the healthy takeout market and healthy takeout key trends and opportunities.

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Key Takeaways:

  • The healthy takeout market’s breakfast segment from the meal type category is predicted to develop at an accelerated CAGR through 2032.
  • Based on nature, healthy takeout market’s vegan segment contributed a noteworthy healthy takeout market share. As veganism is now more popular than vegetarianism
  • The Greek segment of the healthy takeout market is expected to grow at a faster rate than the rest of the cuisine type category through 2032.
  • Through 2032, the healthy takeout market’s digital wallets segment is expected to outperform in the payment type category.
  • North America had a sizable healthy takeout market share of the healthy takeout market.

Competitive Landscape:

New market research report on healthy takeout shows that the legacy players in the healthy takeout market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the healthy takeout market key trends & opportunities.

The Healthy Takeout Market is Dominated by:

  • Taco Bell
  • Applebee’s, Arby’s
  • Au Bon Pain
  • Burger King
  • Carrabba’s Italian Grill
  • Chick-Fil-A
  • Chipotle
  • Dairy Queen
  • Denny’s, Hardee’s Saladworks
  • Panera Pret A Manger
  • Wendy’s
  • KFC
  • Carl’s Jr and Panda Express.

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Recent Development in the Healthy Takeout Market:

Acquisition:

  • Hungryhouse Holdings Limited was acquired by Just Eat plc in 2017 from Delivery Hero SE, a multinational healthy takeout service based in Europe. Just Eat plc. Aimed to become the healthy takeout market leader in Europe’s healthy takeout market with this acquisition. In the United Kingdom, Hungryhouse also provides a healthy takeout marketplace. The company is focused on growing its business.
  • In order to expand its business in Brazil, the company purchased iFood.com Agência de Online S.A. in January 2018. In Brazil, iFood.com Agência de Restaurantes Online S.A. runs a healthy takeout service. Just Eat plc was able to strengthen its healthy takeout market position as a result of this acquisition.

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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Coffee Roaster Machine Market Forecasted to Reach US$ 2.05 Billion by 2032, Unveiling Lucrative Growth Potential

The global coffee roaster machine market is set to witness growth at a CAGR of 6.4% over the forecast period (2022 to 2032) and top a valuation of USD 2.05 Billion by 2032.

One of the most popular beverages in the world is coffee. Customers enjoy the scent, taste, and flavour that the roasting process adds to the coffee. As a result, over the past few years, coffee consumption has increased.

Innovative technology was used by the creators to satisfy the demands of a variety of customers seeking a distinctive coffee flavour. Coffee beans are currently roasted using an automatic coffee roaster. They have ‘Arduino Uno’ microcontrollers that an Android smartphone can operate over Bluetooth. Roasting intensity may be managed with a smartphone. This raises the need for self-service coffee roaster machines by hastening the preparation of coffee beans.

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The demand for coffee roaster machines is gradually increasing, not only in the commercial sector but also in the household sector. In today’s era consumers are adapted to the taste of coffee and so it has become essential to start a day.

Everyone has their own preference when it comes to drinking coffee of different varieties such as traditional espresso, filter coffee, coffee latte, mocha, cappuccino and others. Owing to this, the market for coffee roaster machine is prophesied to grow at an impressive rate due to an increased installation of such machines in the household sector.

Key Takeaways from Market Study

  • Europe is expected to account for the maximum value share of the global market of about 30% by 2022 end
  • Rising consumption of coffee in different regions across the globe is predicted to drive the sales of coffee roaster machine during the assessment period (2022-2032)
  • By product type, hot air roasters are expected to account for the maximum market value share of the global market by 2022 end, followed by drum roasters
  • In case of control segment, automatic coffee roaster machines are being preferred over manual machines
  • Electric roasters are expected to show a higher demand than the gas roasters in the coming decade

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Competitive Landscape

Manufacturers are shifting their focus towards developing coffee roaster machines in order to address the growing consumption of coffee. The market participants are offering a varied range of coffee making equipment and solutions owing to increasing consumer’s demand for personalized products based on its usage in different locations around the world.

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Future Market Insights, in its new report, offers an impartial analysis of the global coffee roaster machine market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (classic drum roasters, hot air roasters, centrifugal roasters, and others), capacity (up to 10 kg, 10 kg to 30 kg, 30 kg to 50 kg, and above 50 kg), control (automatic and manual), heat source (electric and gas), application (residential, commercial and industrial)  across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.

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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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Protein Powder Market Surges to US$ 36.6 Billion by 2032, Signaling Substantial Growth Opportunities

The Protein Powder Market is poised for substantial growth, with a projected size of US$ 36.6 billion by 2032, fueled by an impressive 7.3% value CAGR from 2022 to 2032. This upward trajectory highlights the increasing demand for protein-rich supplements, driven by health-conscious consumers and athletes seeking nutrition and fitness solutions.

Protein powder products are aggressively marketed as aiding athletes and other physically active consumers in gaining muscle and improving performance, resulting in a worldwide sales increase.

Athletes require more physiological protein in multi-stress contexts, such as goal-directed, repeated, rigorous, and/or protracted training programmes, to maintain optimal amounts of protein synthesis and energy generation, as well as good immune function and gut integrity.

As more athletes, fitness enthusiasts, and health-conscious consumers continue to take protein supplements, the Protein Powder Market is rapidly rising. Market expansion is being driven by a rising understanding of the importance of protein for muscle gain, weight control, and overall health. Organic and plant-based protein powders are also driving the industry forward.

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Protein requirements rise in tandem with the intensity and duration of athletic performance, leading to an increase in protein consumption in meals before and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable amino acids.

Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.

Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.

Key Takeaways from the Protein Powder Market Study:

  • The North American region currently holds the largest market share and is expected to continue to do so due to the widespread appeal of protein powder products among health-conscious consumers and rising demand for functional foods.
  • According to FMI analysis, The European protein powder market is expected to grow at a rate of more than 5% per year through 2027, owing to the growing use of edible insects as protein supplements in meals and the growing demand for functional foods and drinks.
  • Germany is dominating the European protein powder market with due to the increased demand for plant protein in powder form.
  • Due to the growing livestock sector and increased awareness about animal health and nutrition, the protein powder industry from animal nutrition supplement application is expected to grow at a CAGR of over 6% through 2027.
  • The market for protein powder is growing due to rising obesity rates among children and adults, as well as increased usage of protein powder for weight loss.

Who is winning?

Key players operating in the global Protein Powder market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.

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FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

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Protein Powder Market by Category

By Product Type:

  • Animal Protein
    • Dairy Protein
  • Milk Protein (Concentrate/ Isolate)
  • Whey (Concentrate/ Isolate/ Hydrolysates)
  • Casein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Pea Protein
    • Wheat Protein
    • Others

By Nature, Protein Powder Market is Segmented as:

  • Organic
  • Conventional

By Flavor, Protein Powder Market is Segmented as:

  • Plain Flavor
  • Classic Flavor
    • Vanilla
    • Chocolate & Coffee
  • Cookies and Cream
  • Fusion Flavor
  • Nut Flavor
  • Fruity Flavors
    • Strawberry
    • Blueberry
    • Banana
    • Others
  • Others

By End Use, Protein Powder Market is Segmented as:

  • Dietary Supplements
  • Food and Beverage
    • Ready to Beverage Drinks
    • Functional Foods
    • Infant Food Formula
    • Others
  • Pharmaceuticals
  • Others

By Distribution Channels, Protein Powder Market is Segmented as:

  • Direct
  • Indirect
    • Store based Retailing
      • Modern Grocery Retailers
        • Hypermarkets/ Supermarkets
        • Convenience Stores
        • Specialty Sports Store
        • Drug Store
      • Online Retailing
      • Others

By Region, Protein Powder Market is Segmented as:

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

Frequently Asked Questions:

  • How Big is the Protein Powder Market?
  • At what Growth Rate is Plant Protein Powder Market Growing?
  • What is the North America Protein Powder Market Outlook?
  • At What Rate will Protein Powder Demand Grow in Europe?
  • What Are the Key Trends Shaping the Protein Powder Market?

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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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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: 
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Europe Leads the Charge: Molded Fiber Trays Market Surges to US$ 4.3 Billion by 2032, Fueled by Bans on Single-Use Plastics

The global Molded Fiber Trays Market is on a trajectory of significant growth, estimated at US$ 2.6 billion in 2022 and projected to reach an impressive US$ 4.3 billion by 2032, boasting a robust CAGR of 5.0%. This expansion is primarily driven by increasing consumer awareness of sustainable packaging practices and the growing preference for molded fiber solutions.

Sustainable packaging trends are a key catalyst for this growth, with a 5% annual increase expected between 2021 and 2032. The analysis suggests that molded fiber trays will continually generate rising revenue, offering an incremental opportunity of US$ 1.7 billion during this period.

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Growth Opportunities in the Molded Fiber Trays Industry:

  1. Sustainable Packaging Demand: Growing environmental concerns and increasing emphasis on sustainable packaging solutions present a significant opportunity for molded fiber trays, as they are eco-friendly and biodegradable.
  2. E-Commerce Packaging: The rise of e-commerce activities globally creates a demand for efficient and protective packaging solutions. Molded fiber trays are lightweight, durable, and suitable for protecting fragile goods during shipping.
  3. Food and Beverage Industry: The expanding food and beverage industry, particularly the demand for convenient and sustainable packaging for food products, offers a substantial growth avenue for molded fiber trays.
  4. Customization and Design Innovation: Consumer preferences for unique and aesthetically pleasing packaging solutions provide an opportunity for companies to invest in innovative designs and customization options for molded fiber trays.
  5. Global Expansion: As awareness of sustainable packaging practices increases globally, there is a potential for companies in the molded fiber trays market to expand their presence into new geographic regions, tapping into emerging markets.

Industry Trends:

  1. Circular Economy Practices: The adoption of circular economy principles, including recycling and reuse of packaging materials, is a key trend in the molded fiber trays market, aligning with the broader sustainability goals of many industries.
  2. Technological Advancements: Ongoing technological innovations in manufacturing processes, such as advanced molding techniques and material formulations, contribute to improving the performance and versatility of molded fiber trays.
  3. Regulatory Compliance: Increasing regulations and standards related to packaging materials and environmental impact drive industry trends, pushing companies to adhere to stricter norms and invest in compliant solutions.
  4. Collaborations and Partnerships: Collaboration between companies within the molded fiber trays supply chain, as well as partnerships with technology providers and research institutions, is a trend facilitating knowledge exchange and fostering innovation.
  5. Shift towards Plant-based Raw Materials: A noticeable trend involves the shift towards using plant-based raw materials for molded fiber trays, reducing dependency on traditional pulp sources and aligning with the demand for sustainable and renewable resources.

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Market Innovation: 

Innovation in the Molded Fiber Trays Market has become a focal point, driven by the increasing consumer demand for sustainable packaging solutions. Manufacturers are leveraging advanced technologies and materials to enhance the functionality, versatility, and eco-friendliness of molded fiber trays. The industry is witnessing breakthroughs in the development of new formulations and production processes, allowing for greater customization and adaptability to diverse product requirements.

Innovations focus on optimizing the environmental footprint by incorporating recycled or alternative fibers and exploring bio-based materials. Additionally, advancements in mold design and manufacturing techniques aim to improve the overall performance and structural integrity of molded fiber trays. The integration of multi-cavity designs enhances efficiency, offering protection and storage for various contents simultaneously. As sustainability takes center stage, ongoing innovation in the molded fiber trays market reflects a commitment to eco-conscious packaging solutions, meeting both consumer expectations and environmental imperatives.

Key Companies Profiled              

  1. UFP Technologies, Inc.
  2. Huhtamaki Oyj
  3. International Paper Company
  4. TRIDAS
  5. PAPACKS SALES GmbH
  6. Pulp-Tec Limited
  7. FiberCel Packaging LLC
  8. Denta? Paper Industry Inc
  9. Pactiv LLC
  10. Zume Inc.
  11. buhl-paperform GmbH
  12. EnviroPAK Corporation
  13. Atlantic Pulp
  14. Pacific Pulp Molding, Inc.
  15. Primapack SAE

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Market by Category

By Molded Pulp Type:

  • Thick Wall
  • Transfer Molded
  • Thermoformed Fiber
  • Processed Pulp

By Product Type:

  • Single Cavity Molded Fiber Trays
  • Multi Cavity Molded Fiber Trays

By End Use:

  • Consumer Durables
  • Food & Beverage
  • Healthcare
  • Automotive
  • Foodservice
  • Others

By Region:

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

Author:   

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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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Plant Based Collagen Market Expected to Reach US$12.3 Billion by 2032, Unveiling a Flourishing Industry Landscape

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of plant-based Collagen are estimated to reach a value of US$ 12.3 Billion by 2032, surging at an 8% CAGR through the decade.

Plant-based collagen is made using plant-based ingredients. Collagen production with yeast or bacteria is both cost-effective and scalable in a lab environment. Plant-based collagen provides several advantages in comparison to animal collagen, including a decreased risk of allergies due to its regulated manufacturing process.

The market is expected to grow as a result of the numerous health advantages associated with the use of plant-based collagen. Other factors impacting the market are the increase of “vegan” lifestyles, in addition to lactose intolerance and dairy product allergies. Several regulatory bodies strongly encourage consumers to use plant-based collagen.

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Key Takeaways from Market Study

  • North America is expected to have 38% plant based collagen market share.
  • US is anticipated to holds 65% plant based collagen market share in North American market.
  • Europe is expected to have 31% plant based collagen market share.
  • Germany is likely to holds 22% plant based collagen market share in European market.
  • Asia is expected to have 20% plant based collagen market share.
  • China holds 32% plant based collagen market share in Asian market.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

 The growing focus on the consumption of plant based collagen in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Plant-based collagen has a strongly competitive global market. Key companies are contributing to the worldwide market through product releases, collaborations, mergers and acquisitions, and another important organic as well as inorganic strategies.

Some of the leading companies offering plant based collagen are Unived, SMPNutra, Olena Health, OZiva, Seniority.IN, Rejuvenated, Raw Beauty Lab, Nutricore Biosciences PVT. LTD, HealthKart, Your Super, PlantFusion, Nutricore Biosciences Private Limited among others.

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Plant Based Collagen Market by Category

By Source, Plant Based Collagen Market is Segmented as:

  • Black Beans
  • Soy
  • Kidney Beans
  • Pumpkin Seed
  • Squash Seed
  • Sunflower Seed
  • Chia Seed
  • Pistachio
  • Peanut
  • Cashew
  • Others

By Form, Plant Based Collagen Market is Segmented as:

  • Drink
  • Powder
  • Gummies
  • Others

By End Use Industry, Plant Based Collagen Market is Segmented as:

  • Food and Beverage
  • Pharmaceutical
  • Healthcare
  • Others

By Region, Plant Based Probiotics Market is Segmented as:

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

Frequently Asked Questions

  • How much is the Plant Based Collagen Market worth?
  • What is the North America Plant Based Collagen Market Outlook?
  • At What Rate will Plant Based Collagen Demand Grow in Europe?
  • What Are the Key Trends Shaping the Plant Based Collagen Market?
  • What share of Plant Based Collagen Demand comes from China?

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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Thermal Labels Market Set to Surpass US$ 1,494.64 Million by 2033: Logistics and Warehousing Drive Demand Amid E-commerce Boom

The future of the thermal labels market appears promising, driven by several key trends and technological advancements. With an estimated CAGR of 4.8%, reaching US$ 1,494.64 million by 2033, the market is poised for significant growth and innovation.

One of the primary drivers of growth is the increasing adoption of thermal labels in the logistics and warehousing sector. As e-commerce and online services continue to expand globally, the demand for thermal labels for packaging, supply chain management, and international trade is expected to rise substantially.

Furthermore, advancements in printing technologies have led to improved durability and print quality of thermal labels, making them more attractive to end-users across various industries. These technologies enable businesses to effectively promote their products and enhance consumer engagement.

Moreover, the emphasis on sustainability and eco-friendliness is expected to shape the future of the thermal labels market. The development of recyclable thermal labels addresses environmental concerns and aligns with consumer preferences for sustainable packaging solutions, driving further growth and adoption in the market.

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Why are End User Industries Increasing the Adoption of Thermal Labels?

Several end-use industries are increasing the demand for thermal labels due to various factors such as:

  • Cost-effectiveness:Thermal labels are -effective compared to alternative labels such as laser and inkjet printing. These labels reduce the cost and don’t require toner. Several end-use industries attract high-quality labeling to secure their products, such as warehousing, food & beverages, and retail.
  • Efficiency and Speed:The adoption of thermal labels is known for its fast and efficient printing. It allows consumers to improve labeling processes and meet production demands. Thermal label printing provides product identification, barcode printing, and shipping labels.
  • Durability and Readability:Thermal labels are highly durable and protect against environmental factors, including chemicals, UV rays, water, dust, and carbon emissions. Manufacturers offer advanced thermal labels to ensure efficient data and accurate information for several end-use industries.
  • Versatile:Thermal labels are developed with high-quality materials, including synthetic materials, specialty labels, and paper, to attract consumers. These labels are widely used in pharmaceuticals, medical, and food & beverages due to their excellent and versatile adaptability.
  • Easy to Use and Convenience: The demand for thermal labels is widely adopted due to their easy-to-use and convenient uses. These labels are user-friendly and do not require any experts to operate them. These labels are widely adopted by various small, medium, and large-scale businesses for packaging.

These are a few factors that may increase the adoption of thermal labels by end-user industries.

Key Takeaways:

  • The thermal labels market is estimated to secure a valuation of US$ 1,494.64 million with a CAGR of 4.8% during the forecast period.
  • The United States is registering a maximum share in the global market by 2033.
  • The food & beverages sector is anticipated to dominate the global market by collecting huge revenue.

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Growth Opportunities in the Thermal Labels Industry:

  1. E-commerce Expansion: The booming e-commerce industry is driving demand for efficient labeling solutions, creating growth opportunities for thermal labels to streamline packaging and shipping processes.
  2. Increasing Adoption in Healthcare: The healthcare sector is increasingly relying on thermal labels for accurate and durable labeling of pharmaceuticals, medical devices, and specimens, presenting a significant growth avenue.
  3. Global Supply Chain Modernization: The ongoing trend of supply chain digitization and modernization is fueling the demand for advanced labeling technologies, positioning thermal labels as a vital component for real-time tracking and traceability.
  4. Sustainability Focus: With a growing emphasis on eco-friendly practices, there is a rising demand for sustainable labeling solutions. Thermal labels, especially those compatible with linerless technology, are emerging as a more environmentally friendly option, contributing to market growth.
  5. Retail Shelf Optimization: Retailers are increasingly adopting innovative labeling solutions to enhance product visibility and consumer engagement. Thermal labels play a crucial role in improving shelf appeal and information dissemination, creating opportunities for market growth.

Industry Trends:

  1. Rise of RFID Integration: The integration of Radio-Frequency Identification (RFID) technology with thermal labels is a notable trend, offering enhanced tracking and data management capabilities, improving efficiency in various industries.
  2. Demand for High-Quality Color Printing: The market is witnessing a trend towards high-quality color printing in thermal labels, driven by the need for attractive packaging and improved brand recognition, especially in industries such as food and beverages.
  3. Linerless Labeling Solutions: Linerless thermal labels are gaining popularity due to their eco-friendly nature and reduced waste generation. This trend aligns with the broader industry shift toward sustainability and waste reduction.
  4. Smart Labels and IoT Integration: The incorporation of smart label technologies and Internet of Things (IoT) connectivity is a growing trend, enabling real-time data capture and communication for improved supply chain visibility and consumer interaction.
  5. Customization and Personalization: The market is witnessing a trend towards customized and personalized thermal labels to meet specific branding and product identification requirements. This trend is prominent in industries where individualized packaging is crucial for consumer engagement.

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Thermal Labels Market by Category

By Material:

  • Paper
  • Plastic

By Label:

  • Direct thermal labels
  • Thermal transfer labels

By Application:

  • Food & beverages
  • Healthcare
  • Semiconductor & Electronics
  • Others (Industrial)

By Region:

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

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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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Mycoprotein Market Set to Expand by 12.6% by 2032, Indicating Robust Growth Opportunities

According to a new report by Future Market Insights, a market research and competitive intelligence firm, Mycoprotein Market are expected to reach US$ 976 million by 2032, growing at a CAGR of 12.6 % over the decade.

The prevalence of sickness, as well as increased consumer awareness of health and fitness, are expected to drive the market for mycoprotein products. The global economy has grown as a result of the booming foodservice industry and the tempting marketing and advertising methods employed by vegetarian enterprises.

The advent of new, low-cholesterol meat product lines such as lean beef in industrialised nations is limiting the growth of the mycoprotein products sector.

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Plant-based proteins and mycoprotein products, for example, have grown in popularity in both developed and developing countries over the years.

Key Takeaways from Market Study

  • North America is expected to have 38% Mycoprotein market share.
  • US holds 65 % Mycoprotein market share in North American Market.
  • Europe is expected to have 31 % Mycoprotein market share.
  • Germany holds 22 % Mycoprotein market share in European Market.
  • Asia is expected to have 20 % Mycoprotein market share.
  • China holds 32 % Mycoprotein market share in Asian Market.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

Competitive Landscape

Mycoprotein have a strongly competitive global market. The most challenging aspect of producing mycoprotein products is the reliance on a single carbon source, wheat-derived glucose, which requires particular processing before use.

Competitors seek to boost the nutritional value of mycoprotein products as well as the variety of carbon sources available.

Some of the leading companies offering Marlow Foods Ltd, 3F Bio Ltd, Myco Technology, Inc., Tyson Ventures, Temasek Holdings and General Mills are the major players in the market.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Mycoprotein presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

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Mycoprotein Market by Category

By Form, the Mycoprotein Market is Segmented as:

  • Minced
  • Slices

By Sales Channel, the Mycoprotein Market is Segmented as:

  • Supermarkets / Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores

By Region, the Mycoprotein Market is Segmented as:

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

The report covers exhaustive analysis on:

  • How Big is the Mycoprotein Product Market?
  • What is the North America Mycoprotein Product Market Outlook?
  • At What Rate will Mycoprotein Product Demand Grow in Europe?
  • What Are the Key Trends Shaping the Mycoprotein Product Market?
  • What share of Mycoprotein Product Demand comes from China?

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Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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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Macadamia Milk Market Poised to Achieve US$51.3 Million by 2032, Reflecting a Promising Growth Trajectory

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of macadamia milk are estimated to reach a value of US$ 51.3 Million by 2032, surging at 5.4% CAGR through the decade.

The increased public awareness of the health advantages of nuts and dried fruits has fueled industry expansion. In recent years, there has been a considerable increase in global demand for healthy and nutritious snacks, particularly among the younger generation and the working-class population. People are also switching from animal protein to plant protein.

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Macadamia nuts are the fruit of the macadamia tree, which belongs to the Proteaceae family and the genus macadamia. Only three species are commercially important: Macadamia ternifolia, Macadamia integrifolia, and Macadamia tetraphylla. Although macadamia nuts are indigenous to Australia, they are now grown all over the world.

Fresh kernels of macadamia can be consumed, prepared with, or processed into a wide range of products. Salted, Roasted, honey-roasted, chocolate coated, and wasabi-flavored are all popular flavors. They are also ground into a paste to make macadamia milk and cold-pressed to produce oil, which is used in baked goods, pastries, and ice cream.

Key Takeaways from Market Study

  • Australia is the largest producer of macadamia nuts in the world. The macadamia milk market in Australia is expected to grow at a CAGR of 7.9% for the forecasted period.
  • The macadamia milk market in Germany is expected to grow at a CAGR of 4% for the forecasted period.
  • The global macadamia milk market can be classified into four distribution channels, supermarkets, online stores, convenience stores, and others.
  • The processed segment is expected to account for more than 36% of the total global Macadamia milk market in terms of value.
  • The Macadamia milk market also suffered some setbacks, as all shops, stalls, and restaurants were forced to close due to Covid-19 restrictions, where either food made from Macadamia milk or other non-dairy products were available for consumption.

“Global consumption of macadamia milk has increased in the last decade, owing primarily to an increase in the consumption of milk extracted from nuts and dried fruits,” says a lead analyst at Future Market Insights.

Competitive Landscape

Companies have gained a competitive advantage through numerous growth strategies that include capacity expansions, mergers and acquisitions, internet presence strengthening, and new product introductions.

  • Health and Plant Protein Group Limited have announced plans to enter the rapidly growing market for plant-based food alternatives.

Some of the key players in the Macadamia Milk Market include Marquis Macadamias, Golden Macadamias, Mauna Loa Macadamia Nut Corp, Buderim Group, Kenya Nut Company, Nambucca Macnuts, Ivory Macadamias, Eastern Produce, Hamakua Macadamia Nut Company.

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Macadamia Milk Market by Category

By Nature, Macadamia Milk Market is Segmented as:

  • Organic
  • Conventional

By Form, Macadamia Milk Market is Segmented as:

  • Raw
  • Processed
  • Oil

By End-Use, Macadamia Milk Market is Segmented as:

  • Residential
  • Commercial
  • Industrial
  • Food Industry
  • Confectionery
  • Bakery
  • Dairy
  • Snacks
  • Others

By Distribution Channel, Macadamia Milk Market is Segmented as:

  • Direct
  • Indirect

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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Food Grade Carrageenan Market Expected to Reach US$2.3 Billion by 2032, Growing at a Steady CAGR of 7.1%

The global food grade carrageenan market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 2.3 Billion by 2032.

Hydrocolloids perform a number of functions in food, including gelling, thickening, emulsifying, coating, and stability. Hydrocolloids are found in a wide variety of foods, from dairy to sweets.

Carrageenan is a hydrocolloid that is widely used in the food and beverage sectors. It is a flexible ingredient that has different effects in milk and water. It is a thickening and gelling hydrocolloid commonly used in the beverage industry. It can also interact with and stabilise dairy protein.

As the market for processed meals grows, food manufacturers are looking for additives that will improve the quality of their goods, such as mouthfeel. Customers will not accept bad-tasting manufactured foods, thus food manufacturers are looking for additives that will improve the quality of their dishes, such as texture. Carrageenan’s adaptability and beneficial characteristics are expected to drive market demand.

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“Growing applications of food grade carrageenan such as iota carrageenan in the pharmaceutical sector will drive growth. In addition to this, increasing sales of processed food products across emerging economies will augment the demand for food grade carrageenan over the forecast period,” says an FMI analyst.

Key Takeaway:

  • The global food grade carrageenan market is expected to reach a valuation of around US$ 1.2 Bn in 2022.
  • In terms of product type, iota food grade carrageenan segment is anticipated to account for a dominant share of the market over the forecast period.
  • Applications of food grade carrageenan in the food processing industry will remain high.
  • The U.S. will continue dominating the North America food grade carrageenan market through 2032 owing to surging applications in the pharmaceutical sector.
  • The Europe food grade carrageenan market is expected to witness a lucrative growth rate of 6.9% during the forecast period.
  • East Asia is expected to emerge as a prominent market for food grade carrageenan market over the forecast period.

Competitive Landscape

Due to their extensive geographical presence, prominent carrageenan manufacturers such as DuPont and Cargill have a global reach with many manufacturing sites and sales offices scattered across the major continents. Furthermore, market players are focusing on forming relationships with small businesses that have a strong presence in local marketplaces. For instance:

  • Biesterfeld and CP Kelco announced the expansion of their collaboration in the food and nutrition sector across Europe in August 2020. Biesterfeld made this strategic move to distribute the former’s carrageenan goods in European countries as part of this partnership

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global food grade carrageenan market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Food Grade Carrageenan Market by Category

By Product Type:

  • Iota
  • Kappa
  • Lambda

By Function:

  • Gelling Agent
  • Thickening Agent
  • Stabilizer
  • Other Functions

By Application:

  • Pharmaceutical
  • Beauty and Personal Care
  • Food Processing
  • Other Applications

By Region:

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

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The report covers exhaustive analysis on:

  • How much is the food grade carrageenan market currently worth?
  • What is the growth rate of the food grade carrageenan market over the forecast period?
  • What is the anticipated market value of the food grade carrageenan market by 2032?
  • Which region is expected to drive the food grade carrageenan market?
  • Who are the key players in the food grade carrageenan market?

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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Global Dough Processing System Market Aims for US$ 8,152.3 Million Valuation by 2032, Sustaining a Steady 4.4% CAGR, Notes FMI Report

The dough processing system market is poised for significant expansion, with an impressive Compound Annual Growth Rate (CAGR) of 4.4% anticipated from 2022 to 2032. This trajectory aims to elevate the global market from its 2022 valuation of US$ 5,300.0 million to a substantial US$ 8,152.3 million by 2032.

The escalating demand for dough processing systems stems from an increasing consumer preference for processed food items. In today’s fast-paced world, these systems play a crucial role in efficiently producing delightful baked goods, aligning seamlessly with modern consumer preferences. Moreover, as the global workforce expands and lifestyles undergo transformation, the steady growth of such systems is projected throughout the evaluation period, effectively addressing the evolving needs of consumers and industries. This growth trajectory underscores the market’s responsiveness to the dynamic demands of the contemporary culinary landscape and highlights its vital role in meeting the evolving preferences of consumers and industries alike.

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Dough processing systems find application in producing breads, pastries, pizzas, and similar food products. These systems encompass a range of equipment, including mixers, sheeters, laminators, and divider-rounders. By streamlining dough preparation processes, dough processing systems contribute to efficiency gains, leading to reduced time and labor requirements.

The growth of the dough processing system market is primarily propelled by the escalating demand for processed food products. Additionally, the changing consumer landscape, marked by a growing number of working women and evolving lifestyles, is further contributing to the increasing adoption of these systems.

Key Insights from the Dough Processing System Market:

  • North America currently leads the dough processing system market, attributed to factors like substantial wheat production and a strong demand for processed foods in the region.
  • Europe presents an appealing market for dough processing systems due to its sizable population and high consumption of baked goods.
  • According to Future Market Insights, the dough processing system market is projected to grow at a CAGR of 4.4% throughout the forecast period.
  • The Asia Pacific region is emerging as a promising market for dough processing systems, driven by the expanding food and beverage industry.
  • The food industry, a major end-user, is expected to be a key driver of market growth during the forecast period.
  • Applications like bread and pizza crusts stand out as the most popular uses for dough processing systems.

Leading the Competition:

In the highly fragmented dough processing system market, a multitude of players are vying for prominence. Key market contenders encompass Buhler, Brabender, Allied Bakery Equipment, and Euro-Machines.

Anticipated to experience robust expansion, the dough processing system market is poised for growth, fueled by the escalating demand for bakery products and confectioneries. As disposable incomes rise and lifestyles evolve, the market’s trajectory is set to ascend.

Heading the forefront of market growth are anticipated leaders such as Middleby Corporation, Welbilt, Markel Food Group, JBT Corporation, ITW Food Equipment Group, Sinmag, and Wiesheu.

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Shaping the Competition:

The dough processing system industry is primed for substantial growth in the next decade, fueled by the escalating global demand for bakery products and confectioneries. With rising disposable incomes and evolving lifestyles, key industry players are poised to introduce advanced systems to cater to this burgeoning market.

In September 2022, König Maschinen GmbH, an Austrian bakery equipment manufacturer, unveiled its cutting-edge dough divider, the Ceres 2.2. This innovative solution addresses the unmet demand for exceptional weight accuracy, gentle dough handling, and optimal dough yield. The machine’s design prioritizes ease of maintenance and cleaning, incorporating sensor technology, an electronic weighing system, and an expanded dividing range.

Key Segments:

By Product Type:

  • Dough sheeters
  • Dividers
  • Mixers
  • Moulders

By Application:

  • Breads
  • Pizza crusts
  • Cakes & Pastries
  • Cookies & biscuits

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
  • Latin America
  • Asia pacific
  • Eastern Europe
  • Western Europe
  • Japan

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Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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
LinkedInTwitterBlogs | YouTube