Market Research Blog – Page 377 – New Product Development

Global Angiography Imaging Systems Market Poised for Significant Growth, Projected to Reach over USD 9.5 Billion by 2032 growth at a CAGR of around 6% to 7%

The global angiography imaging systems market is on the cusp of remarkable growth, with its market size reaching approximately USD 5.5 billion in 2021. Driven by technological advancements and an increasing prevalence of cardiovascular diseases, the demand for angiography imaging systems is expected to rise to USD 5.8 billion by 2022, marking a compound annual growth rate (CAGR) of 6% to 7% throughout the forecast period of 2022 to 2032. By the end of 2032, sales are projected to surpass USD 9.5 billion.

Key Market Drivers:

Rising Incidence of Cardiovascular Diseases: The escalating rates of heart-related conditions and vascular diseases are significantly boosting the demand for angiography imaging systems. Early and accurate diagnosis plays a critical role in managing these diseases effectively.
Technological Advancements: Continuous innovations in imaging technologies, including 3D angiography and enhanced imaging software, are driving the adoption of angiography systems in both hospitals and outpatient settings. These advancements improve diagnostic accuracy and patient outcomes.
Growing Aging Population: As the global population ages, the prevalence of age-related health issues, including cardiovascular diseases, increases. This demographic shift is expected to elevate the demand for diagnostic imaging solutions, particularly angiography systems.
Increased Healthcare Expenditure: The rise in healthcare spending across various regions is contributing to the procurement of advanced medical imaging equipment. Governments and private sectors are investing in healthcare infrastructure, enhancing the availability of angiography systems.
Expansion of Healthcare Facilities: The establishment and expansion of hospitals, diagnostic centers, and outpatient facilities are facilitating greater access to angiography imaging systems. This trend is particularly notable in emerging economies where healthcare services are rapidly developing.

With these drivers, the angiography imaging systems market is set for a robust trajectory, addressing the growing need for effective diagnostic solutions. Stakeholders in the healthcare sector are encouraged to invest in this dynamic market to capitalize on the anticipated growth.

Increased Market Attention: Delve into Detailed Trends and Analysis with Our Report!

Regional Insights:

North America: Dominates the market due to advanced healthcare infrastructure, high adoption rates of angiography systems, and significant investments in medical imaging technologies.
Europe: Also holds a significant share, supported by robust healthcare systems and an aging population.
Asia-Pacific: Expected to witness the fastest growth rate, driven by increasing healthcare expenditures, rising awareness of cardiovascular health, and expanding access to advanced medical technologies.

Future Trends:

Integration of AI and Machine Learning: The incorporation of AI and machine learning technologies into angiography systems is expected to enhance diagnostic accuracy and efficiency.
Telemedicine and Remote Monitoring: The rise of telemedicine is likely to influence the way angiographic procedures are conducted, with an increasing emphasis on remote diagnostics and patient monitoring.

Key Companies Profiled:

Omega Medical Imaging LLC; Siemens AG; Shimadzu Corporation; Koninklijke Philips N.V.; Canon Inc; Others

Key Segments Profiled in the Angiography Imaging Systems Market Survey:

By Technology:

X-Ray Angiography
CT Angiography
MRI Angiography
MR-CT Angiography

By Application:

Cardiology
Oncology
Neurology
Peripheral and Vascular Intervention
Others

By End User:

Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Cath Labs
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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Global Long-Term Post-Acute Care Software Market Set to Surge, Projected to Reach USD 12,647.85 Million by 2032 grow at a CAGR 11.3% | FMI

The global long-term post-acute care software market, valued at approximately USD 3,895.56 Million at the end of 2021, is on track for substantial growth, projected to reach USD 12,647.85 Million by 2032, registering a remarkable 11.3% CAGR during this period. This growth is fueled by the rising prevalence of chronic disorders and significant governmental healthcare reform initiatives aimed at enhancing patient care.

As the population ages, the need for efficient and comprehensive monitoring of long-term care (LTC) patients—primarily the elderly—has never been more critical. Long-term post-acute care software is specifically designed to support healthcare providers in managing patient health information effectively. This software plays a crucial role in post-acute care monitoring, ensuring that essential health data is easily accessible and maintained throughout various healthcare settings.

The functionality of long-term post-acute care software encompasses the maintenance of extensive patient data, including demographics, medical history, previous health issues, current prescriptions, progress notes, vital signs, immunization history, laboratory results, and radiology reports. By automating the workflow of healthcare professionals, this software enhances efficiency and streamlines operations, allowing providers to focus on delivering quality care.

Moreover, long-term post-acute care software supports critical tasks such as evidence-based decision-making, quality management, and outcomes reporting. By generating comprehensive records of patients’ treatment journeys, it empowers clinicians to make informed decisions, ultimately leading to improved patient outcomes.

“The rising incidence of chronic diseases necessitates a robust solution for managing patient data and enhancing the quality of care provided to LTC patients,” said FMI. “Our long-term post-acute care software is designed to meet these challenges head-on, facilitating improved monitoring and comprehensive care for patients in need.”

As the long-term post-acute care software market evolves, it promises to revolutionize patient care, ensuring that healthcare providers are equipped with the tools necessary to meet the demands of an aging population and the complexities of chronic disease management.

The Demand for Long-Term Post-Acute Care Software is Being Driven by Several Key Factors:

Aging Population: The increasing number of elderly individuals requiring ongoing care fuels the need for efficient management systems in post-acute settings.
Chronic Disease Management: Rising incidences of chronic diseases necessitate long-term care solutions, prompting healthcare facilities to adopt software that aids in patient management and monitoring.
Regulatory Compliance: Stricter regulations in healthcare require facilities to implement software solutions that ensure compliance with standards, improve reporting capabilities, and enhance patient safety.
Technological Advancements: Innovations in technology, including telehealth and data analytics, are enhancing the functionality of long-term care software, making it more attractive to providers.
Integration of Healthcare Systems: The push for integrated care across healthcare settings encourages the adoption of software that can streamline communication and data sharing among different healthcare providers.
Increased Focus on Quality of Care: Healthcare providers are increasingly prioritizing quality improvement, leading to investments in software that facilitates better patient outcomes and satisfaction.
Cost Efficiency: Long-term care software can improve operational efficiencies, reducing costs associated with staffing, paperwork, and billing, making it a valuable investment for facilities.

These drivers collectively contribute to the growing demand for long-term post-acute care software, making it essential for healthcare providers to adopt these solutions to enhance care delivery.

Soaring Demand for Market Information: Uncover Detailed Trends and Insights in Our Report!

Key Players:

Allscripts Healthcare Solutions, Inc.; Epic Systems Corporation; Cerner Corporation; McKesson Corporation; Omnicare; Omnicell, Inc.; MatrixCare; Optimus EMR; Netsmart Technologies; PointClickCare.; CVS Health; ResMed

Key Segments Covered in the Long Term Post-Acute Care Software Market Survey:

By Product Type:

Clinical Software
Non-clinical Software

By Application:

Financial Data Management and Billing
Electronic Health Record Management
Home Healthcare Management
ALF &ILF
Other

By End-user:

Hospitals
Clinics and Nursing Homes
Managed Care Organizations
Assisted Living Facilities
Home Healthcare
Others

By Region:

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

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Plastic-Rubber Composite Industry: Projected to Reach USD 3,638.5 Million by 2033, Driven by Versatile Applications Across Key Industries

By 2033, the plastic-rubber composites industry is projected to reach USD 3,638.5 million, growing at a steady CAGR of 5.3%. These innovative composites combine the best qualities of both plastic and rubber, delivering enhanced performance characteristics like superior impact resistance, durability, noise reduction, and vibration dampening. These properties make them especially valuable in automotive applications, where they contribute to improved safety, comfort, and overall vehicle performance. The rising demand for lightweight, high-performance materials in the automotive sector is driving the growth of this industry, as manufacturers seek to enhance vehicle efficiency and consumer satisfaction.

Compared to conventional materials, plastic-rubber composites offer more design and flexibility. Manufacturers focus on creating unique and aerodynamic designs which can be molded into intricate shapes and integrated with other parts. This adaptability makes it possible to create vehicles with interiors and exteriors that are both sleek and aesthetically pleasing.

In order to increase fuel efficiency and meet strict emission requirements, manufacturers are putting more and more effort into making their vehicles lighter. These composite blends provide a lightweight substitute for conventional materials like metal, assisting in total vehicle weight reduction and fuel efficiency improvement and offering cost advantages over traditional materials. They often require less energy and lower production costs during manufacturing processes like injection molding. The ability to produce complex shapes in a single operation reduces assembly costs, making plastic rubber composites an economically viable option for automobile manufacturers.

Key Takeaways from the Plastic-Rubber Composite Market:

The Plastic-Rubber Composite industry in the United States is predicted to reach US$ 531.9 million by 2033, increasing at a 4.7 % CAGR.
The Plastic-Rubber Composite industry in India is estimated to reach a market share of US$ 163.0 million, expanding at a CAGR of 5.2% by 2033.
During the forecast period, the Plastic-Rubber Composite industry in China is expected to reach a market share of US$ 995.5 million, securing a 5.5 % CAGR.
The Plastic-Rubber Composite industry in Japan is predicted to reach US$ 193.6 million by 2033, increasing at a 5.2 % CAGR.
With a CAGR of 5.1% from 2022 to 2033, the Automotive industry is expected to dominate the Plastic-Rubber Composite industry.
With a CAGR of 4.3% from 2022 to 2033, the Industrial Equipment industry is expected to dominate the Plastic-Rubber Composite industry.

Access the Complete Plastic-Rubber Composite Market Report for Detailed Insights!

How Does the Competition Look in the Plastic-Rubber Composite Market?

The market is Consolidated, with key players vying for market share. Key players in the industry are focusing on innovative applications, such as aerospace. They are also expanding their product portfolio to include new and emerging applications, such as sealing, resistance to UV radiation, and long-term durability. This helps them to reach a wider range of customers and grow their business. Several significant participants in this industry comprise BASF SE, Dow Inc., DuPont de, Nemours, Inc, Solvay S.A., Arkema S.A., Covestro AG, Mitsui Chemicals, Inc., LG Chem Ltd., SABIC, Sumitomo Chemical Co., Ltd., LANXESS AG, Evonik Industries AG, Celanese Corporation, Toray Industries, Inc., Teijin Limited, PolyOne Corporation, LyondellBasell Industries N.V., Kraton Corporation, Trinseo S.A., Mitsubishi Chemical Holdings Corporation, among other companies.

Market participants engaging in the production of plastic-rubber composites are moving towards the use of additive manufacturing processes, particularly 3D printing. Rapid prototyping, complex geometry, and customization made possible by 3D printing open up new design opportunities and shorten the time it takes to develop new products.

Automation technologies are being invested in by manufacturers of plastic and rubber composites to lower production costs, boost productivity, and improve product quality. Sensors and wireless technology help collect important data that is utilized to increase productivity and decrease errors.

Segmentation Analysis of the Market

By Product Type:

Thermoplastic Elastomers (TPE)
Ethylene Propylene Diene Monomer (EPDM) Thermoplastics
Rubber-Modified Plastics
Over-molded or Insert-Molded Composites
Others

By Application:

Automotive Industry
Consumer Goods
Construction and Infrastructure
Electrical and Electronics
Healthcare and Medical Devices
Industrial Equipment
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia and Pacific
The Middle East and Africa

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T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Fluorescence Cell Market Set to Reach Over USD 1,255.7 Million by 2032 register a 6.30% CAGR | FMI

The global fluorescence cell market, valued at approximately USD 641.29 million in 2021, is poised for substantial growth, with projections indicating a Compound Annual Growth Rate (CAGR) of 6.30%. By 2032, the market is expected to exceed USD 1,255.7 million, reflecting a burgeoning demand for fluorescence cell technology across various sectors.

The increasing reliance on fluorescence cells can be attributed to their numerous advantages, including ease of operation, cost-effectiveness, and their capacity to handle large volumes of data. These attributes are driving market expansion in critical industries such as healthcare, pharmaceuticals, government, and education.

In today’s fast-paced environment, the demand for scalable production of stem cells and differentiated progeny is paramount, making traditional manual procedures impractical. Hospitals and biotechnology firms are increasingly depending on fluorescence equipment for UV/visible examination in routine molecular spectroscopy operations. This technology plays a vital role in scientific research by enabling qualitative and quantitative analyses of atoms and molecules through the absorption, emission, or scattering of electromagnetic radiation.

Fluorescence cell technology employs sophisticated absorption, emission, and scattering techniques to deliver precise and reliable results. Its versatility is evident in its application across diverse sectors, including healthcare diagnostics and biotechnological research. Additionally, fluorescence cell equipment enhances efficiency by allowing for the plating or embedding of cultures in wells, thereby minimizing sample usage while supporting the growth of cultures in liquid under continuous agitation.

Recognizing the immense potential within this market, companies are actively pursuing collaborative initiatives aimed at developing innovative solutions. The introduction of robotic cell culture workstations and advanced cell detection equipment tailored specifically for fluorescence cells is paving the way for enhanced productivity and accuracy in research and diagnostics.

The projected growth of the fluorescence cell market highlights its critical role in advancing scientific research, healthcare diagnostics, and biotechnological innovations. As stakeholders and industry players worldwide seek to capitalize on this promising market, the future of fluorescence cell technology appears bright.

The Major Drivers Boosting the Demand for the Fluorescence Cell Market:

Increased Sensitivity and Applicability:

Biotech applications: Fluorescence cell technology is finding favor in biotech companies due to its ease of use and ability to handle low concentration samples. The longer route lengths offered by large-sized fluorescent cells allow for increased sensitivity, making them ideal for applications where detecting faint signals is crucial.

Industrial Suitability and Affordability:

Diverse applications: Beyond biotech, fluorescence cells are valuable in various industrial settings due to their ability to handle highly corrosive samples. This expands their utility across a wider range of industries.
Cost-effectiveness and data handling: The affordability and user-friendliness of fluorescence cells make them attractive options for laboratories. The growing development of advanced fluorescence cells further enhances their appeal by offering improved safety for handling chemicals and other substances.

Growing Need for Market Insights: Access Our Full Report for Thorough Analysis and Trends!

Key Players:

PerkinElmer; Mirus Bio; Praxor Instruments and Scientific; Hellma; Science Outlet; Shimadzu; Starna Scientific; FIREFLYSCI CUVETTE; Thermo Fisher Scientific

Key Segments Covered in the Fluorescence Cell Market Survey:

By Material Type:

Optical Glass
Ultraviolet Quartz
Infrared Quartz

By Path Length:

1mm-2mm
5mm-10mm
10mm-20mm
50mm and above

By End-user:

Biotechnology Companies
Research Organizations
Academic Institutes

By Region:

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

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Global Dental Orthotic Devices Market Set for Exponential Growth, Valued at USD 21,152.2 Million by 2032 register a CAGR of 14.4%

The global dental orthotic devices market is experiencing a remarkable transformation, having reached an impressive valuation of approximately USD 4,811.2 million in 2021. Recent projections indicate that this dynamic market is set to expand at a robust Compound Annual Growth Rate (CAGR) of 14.4%, ultimately achieving a staggering valuation of USD 21,152.2 million by the end of 2032.

Driving this remarkable growth is the increasing recognition of the numerous benefits associated with dental orthotic devices, also known as occlusal splints. These devices are gaining traction among consumers due to their reversibility and non-invasive nature, significantly enhancing their demand in the market.

Designed as custom mouth guards, dental orthotic devices are specifically tailored for individuals dealing with temporomandibular joint (TMJ) disorders, teeth grinding habits, or those requiring full mouth reconstruction. Each device is meticulously crafted to meet the unique specifications of the individual, varying in size and shape to ensure maximum effectiveness.

Patients suffering from TMJ disorders often experience discomfort, pain, and partial jaw dysfunction, which can hinder their ability to chew and lead to complications such as joint locking. In these instances, dental orthotic devices play a vital role in stabilizing the jaw, improving muscle function, and protecting teeth from excessive wear and tear.

Furthermore, for individuals prone to teeth grinding, these devices facilitate rhythmic chewing motions, minimizing potential damage to the dental structure. For patients in need of comprehensive mouth reconstruction due to decay or damaged teeth, dental orthotic devices are instrumental in maintaining alignment and safeguarding against harm caused by irregular muscle activity.

The growing awareness surrounding oral health and the increasing prevalence of dental disorders globally are additional factors driving the demand for dental orthotic devices. Coupled with technological advancements and a shift towards personalized healthcare solutions, the market is poised for significant expansion in the coming years.

As the dental orthotic devices market continues to evolve, stakeholders are encouraged to leverage these growth opportunities, focusing on innovative solutions that meet the diverse needs of consumers.

The Major Drivers Boosting The Demand For Dental Orthotic Devices Market Are:

Increasing prevalence of TMJ and teeth grinding: TMJ and teeth grinding are becoming more common, due to factors like stress and sleep disorders. Dental orthotic devices can help alleviate the symptoms of these conditions.
Rising awareness of TMJ and teeth grinding: More people are becoming aware of TMJ and teeth grinding, and the treatment options available. This is leading to an increase in the demand for dental orthotic devices.
Growing demand for cosmetic dentistry: There is a growing demand for cosmetic dentistry procedures, which can sometimes require the use of dental orthotic devices.

Soaring Demand for Market Information: Uncover Detailed Trends and Insights in Our Report!

Key Players:

Southern Cross Dental; First Lab Direct Ltd; Dentaurum Group; Glidewell Laboratories; Sentinel Mouth Guards; Hizart Dental Laboratory; The Dental Solution Australia; Fotis Dental Laboratory; Space Maintainers Dental Labs; S4S Dental Laboratory

Key Segments Covered in the Dental Orthotic Devices Market Survey:

By Product Type:

Stabilization Dental Orthotic Devices
Anterior Repositioning Dental Orthotic Devices
Anterior Bite Plane Dental Orthotic Devices
Posterior Bite Dental Orthotic Devices
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Dental Pharmacies
Online Pharmacies

By Region:

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

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Polymeric Membrane Market Set for Strong Growth, Driven by Rising Demand in Water Treatment and Advancements in Membrane Technology

The global polymeric membranes market is poised for significant growth, projected to reach approximately USD 11,153.9 million by 2033, up from USD 7,251.4 million in 2023, reflecting a compound annual growth rate (CAGR) of 4.4% throughout the forecast period. This growth is primarily driven by the increasing demand for polymeric membranes across various end-use industries, including chemical processing, food and beverage production, industrial processing, and water treatment. As these sectors continue to expand and innovate, the reliance on advanced membrane technologies for separation, filtration, and purification processes is expected to create substantial market opportunities, further propelling the polymeric membranes market forward during the assessment period.

Polymeric Membranes are becoming necessary due to their unique properties such as high selectivity, permeability, and chemical resistance, these membranes are widely used in various industries such as the augmenting healthcare sector use these membranes for utilization in virus removal, sterile filtration, and protein purification Techniques. Technology like Nano-filtration and pervaporation are frequently used in the pharmaceutical industry to remove dangerous components from the effluent stream. The growth of the market is also driven by the thriving demand for clean water and effective wastewater treatment as the world’s water challenges are getting worse as population growth continues, and it is clear from the growing number of desalination projects that this technology is growing as the game-changer.

Opportunities in the Polymeric Membrane Industry

Emphasis on Sustainable Energy Sources: The growing focus on sustainable energy solutions, particularly natural gas and hydrogen, is expected to drive substantial demand for polymeric membranes. As industries shift toward greener technologies, the need for effective separation processes will increase, creating a lucrative opportunity for manufacturers in this space.
Adoption of Medical Devices: The rising use of medical devices such as blood oxygenators, IV filters, and dialyzers presents another significant opportunity for the polymeric membrane market. As the healthcare sector continues to expand, the demand for high-performance membranes for various applications will rise, providing ample growth potential.

Latest Trends in the Polymeric Membrane Market

Innovative Materials and Processes: The market is witnessing significant traction for new and improved polymeric membrane materials and manufacturing processes. Innovations in membrane technology enhance performance, efficiency, and durability, attracting interest from various industries and contributing to market growth.
Expansion of Manufacturing Facilities: A key trend in the polymeric membrane market is the expansion of manufacturing facilities. As demand increases, companies are investing in new production lines and facilities to scale up their output and meet market needs. This trend underscores the industry’s growth potential and the increasing importance of polymeric membranes in various applications.

Dive Deep into Polymeric Membrane Market Trends with Our Full Report!

Key Players in the Industry

Toray Industries, Inc.
Danaher Corporation (Pall Corporation)
Hyflux Ltd.
Parker-Hannifin Corporation
Air Liquide S.A.
Evonik Industries AG (Evonik)
Air Products and Chemicals, Inc.
Veolia Environment SA
Nanostone Water
Nitto Denko Corporation (Hydranautics)
Koch Separation Solutions
Pentair Plc
Alsys Group
Honeywell International Inc.
LG Chem Ltd.
Daikin Industries, Ltd

Segmentation Analysis of the Market

By Technology:

Ultrafiltration
Microfiltration
Nano-filtration
Reverse Osmosis

By End Use:

Chemical
Food and Beverage
Water Treatment
Industrial Processing
Medicine
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia
The Middle East and Africa

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Purified Phosphoric Acid Industry Set for Significant Growth with Rising Demand in Pharmaceutical and Food & Beverage Sectors

The global purified phosphoric acid industry is expected to experience significant growth from 2023 to 2033, with sales projected to increase at a compound annual growth rate (CAGR) of 4.7%. This robust growth will drive the market size to reach an impressive USD 13,782.4 million by 2033. The rising demand for purified phosphoric acid across various industries, including fertilizers, food and beverages, and water treatment, is fueling this expansion. The versatile applications of purified phosphoric acid in enhancing crop yields, ensuring food quality, and improving water purification processes are key factors contributing to its increasing global consumption.

Demand remains particularly high for food-grade purified phosphoric acid due to rising usage in the thriving food & beverage sector. As per the latest analysis, food grade phosphoric acid segment holds around 37% share of the global market.

The purified phosphoric acid industry is witnessing significant growth, driven by rising demand from the pharmaceutical, and food and beverage sectors.

The focus in the market is on producing and distributing high-quality purified phosphoric acid to meet the specific requirements of diverse sectors. Manufacturers are actively expanding their production capacities, with a particular emphasis on pharmaceutical-grade products, which offer greater profit margins.

Growing usage of purified phosphoric acid for making a wide range of pharmaceutical formulations are expected to boost the target market during the assessment period.

Purified phosphoric acid is being widely used as an API, excipient, acidulant, and buffering agent in the pharmaceutical sector. It enhances therapeutic properties and improves drug stability, solubility, and bioavailability.

Increasing spending on pharmaceutical products due to rising prevalence of chronic diseases and growing health awareness will positively impact purified phosphoric acid sales.

Rising popularity of purified phosphoric acid as an ideal preservative and acidulant in the food & beverage sector will further boost the market.

The growing demand for purified phosphoric acid in the electronic sector is driven by its vital role in producing semiconductors, PCBs, and electronic displays. Overall, the purified phosphoric acid market is poised for continued growth in the future

Key Takeaways from the Market Report:

The global market of purified phosphoric acid is projected to witness a CAGR of 7% through 2033.
By application, pharmaceutical segment dominates the global market with a share of around 28%.
By product type, food grade segment is anticipated to thrive at 8% CAGR during the forecast period.
East Asia and North America together hold around 60% of the global purified phosphoric acid industry.
The United States purified phosphoric acid industry is likely to witness steady growth during the projection period.
Purified phosphoric acid demand in China is likely to rise at a significant pace through 2033.

“Rising demand from pharmaceutical and food & beverage sectors, with a focus on producing high-quality products directly increases the consumption of purified phosphoric acid in the global market. Prominent manufacturers are expanding production capacity and updating product portfolio, with pharmaceutical grade products offering higher profit margins.” – says a lead analyst at FMI

Unlock Comprehensive Knowledge with the Complete Purified phosphoric Acid Market Analysis!

Who is Winning?

The market is controlled by prominent manufacturers, with a market share ranging from 40% to 45% globally. These manufacturers of purified phosphoric acid are persistently investing in production capacity and updating their product portfolios. They also implement strategies such as agreements, partnerships, mergers, collaborations, and acquisitions to strengthen their market presence. For instance,

In 2022, Nutrien Ltd. and Innophos Holdings, Inc. entered into a three-year agreement for the supply of Purified Phosphoric Acid (PPA).

Leading players in the Purified phosphoric Acid Market

Nutrien Ltd.
The Mosaic Company
Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC)
ICL Group Ltd.
Hubei Xingfa Chemicals Group Co., Ltd
Yara International ASA
OCP Group
Jordan Phosphates Mines Company
The Mosaic Company
OCI Co. Ltd.

Global Purified Phosphoric Acid Market Segmentation

By Product Type:

Food Grade
Pharmaceutical Grade
Technical Grade

By Application:

Agrochemical
Animal Nutrition
Food & Beverage
Pharmaceutical
Chemical
Water Treatment
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Central Asia
Russia & Belarus
Balkan & Baltics
East Asia
South Asia Pacific
Middle East Africa

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Growth of the GCC Calcium Oxide Industry: Projected to Reach USD 245.4 Million by 2033

The Gulf Cooperation Council or, GCC calcium oxide industry is projected to reach a market capitalization of USD 245.4 million at a CAGR of 4.9% by the end of the forecast period 2023 to 2033. The growth of the building and construction sector in the region is projected to drive the market in the forecast period.

The market is expected to benefit from the expanding building and construction sectors in these countries that are heavily investing in large-scale infrastructure projects. These include construction, transportation, and urbanization initiatives. Calcium oxide plays an indispensable role in these sectors owing to its diverse applications.

GCC region has seen an increase in infrastructure projects such as skyscrapers, airports, motorways, and residential complexes. All of these are predicted to significantly boost demand for calcium oxide. Likewise, calcium oxide is used for soil stabilization, which improves the engineering features of the soil and makes it acceptable for construction.

Calcium oxide demand for soil stabilization applications is expected to expand as the GCC countries continue to focus on developing their transportation networks and creating solid foundations for infrastructure projects.

The market is highly competitive and dominated by domestic manufacturers of calcium oxide. Though, the distributors of calcium oxide seek contracts with these manufacturers to provide a consistent supply of chemicals in the region. These strategies are expected to benefit the growth of the calcium oxide market.

Besides the above-mentioned industry trends, the calcium oxide market is also heavily influenced by demographic, macroeconomic, innovation, and sustainability factors. Based on these factors, significant investments have been made in the calcium oxide market, which is expected to drive demand for calcium oxide in the forecast period.

“Calcium oxide’s rising demand is fuelled by its versatile applications in construction, manufacturing, agriculture, and environmental sectors. Vendors are likely to find growth opportunities through governmental contracts considering the significant investments the countries have made in their infrastructural projects.” – says an FMI analyst.

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Key Takeaways:

The GCC calcium oxide market is projected to witness a CAGR of 9% during 2023 and 2033.
The commercial grade segment is estimated to dominate the GCC calcium oxide market at 9% CAGR through 2033.
Based on end-use industry, building and construction segment is expected to reach a valuation of US$ 130.7 million by the end of the forecast period.
In the GCC region, the majority of the demand is met through domestic production, which accounts for 95% of the total market demand.

Competitive Landscape

According to FMI Analysis Graymont, Saint Hilaire Industries, Lhoist, Carmeuse, Austin White Lime, Ube Material Industries Ltd, Saudi Lime Industries Co, Astra Mining, United Mining Investments Co., Mississippi Lime, Emirates Lime Factory, Super Cement Manufacturing Company LLC, Ras Al Khaimah Lime, SATHI International FZE, GULF LIME CO LLC, and several others are the market players, which are identified as key players.

Key players are engaged in the expansion of production capacities along with research and development.

Companies are also involved in the long-term supply of the products with the end users to maintain the proper supply chain and uninterrupted supply of final products.

Market Segmentation

By Grade:

Food grade
Commercial grade

By End-use Industries:

Building and Construction
Iron and Steel Industries
Water and Wastewater Treatment
Food Industry
Glass Manufacturing
Agriculture
Others

By Country:

United Arab Emirates
Kingdom of Saudi Arabia
Qatar
Kuwait
Bahrain
Oman

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The Future of Nutrition: Insights into the High Protein Yogurt Market Growth

The global sales of high protein yogurt is expected to reach a market valuation of US$ 36.6 billion in the year 2023. Based on the survey reports, the global market value progressed at a CAGR of roughly 2.6% over the last half-decade from 2018 to 2022. According to a new analysis report by FMI, the overall market is projected to accelerate with a CAGR of 7% between 2023 and 2033. By following this impressive growth rate, the overall market valuation is forecasted to reach US$ 70.1 billion by end of this projected period.

Currently, high protein food items and beverages, including yogurt, are becoming more and more popular among health-conscious people all across the world. So, the overall market is anticipated to make a pleasant leap ahead, with a yearly growth rate of 7% anticipated between 2023 and 2033. By maintaining this remarkable rate of growth, the market’s total worth is anticipated to soar to a staggering US$ 70.1 billion by 2033 end.

High protein yogurt has become a practical and delectable way to fulfill protein demands as people are shifting away from non-veg food items. The growing acceptance of yogurt intake as a dietary intervention for controlling protein shortage is also driving their demand in recent years.

The growing popularity of live probiotic cultures is another reason behind the increase in sales of high protein yogurt globally. Additionally, the industry has seen a surge in demand as more people who are lactose intolerant look for alternatives or substitutes to conventional dairy products.

Consumers across the countries are growing more health conscious and are looking for nutritive solutions without compromising flavor. Yogurt with a high protein content meets this criterion as it combines the creamy delight of regular yogurt with protein ingredients. So, the market is expanding beyond merely the health and fitness segment as it has become widely popular among a variety of regular customers.

Key Takeaways from the High Protein Yogurt Market Study Report

With a substantial market share of 23%, the United States took the lead in sales of high protein yogurt in the year 2022. The higher market share in this region is mostly due to the acceptance of high-protein diets and the focus on healthy eating practices.
Germany continues to have a prominent position in the high protein yogurt industry and it held 10% of the global revenue in 2022. Meanwhile, the demand for high-protein yogurt in the United Kingdom is expected to advance at a surprising growth rate of 7.1% through 2033.
The market in India is expected to grow at a faster rate, following a year-on-year growth rate of 6% during the anticipated period.

Competitive Landscape for the High Protein Yogurt Market Players

Chobani, Danone, Epi Ingredients, Epigamia, General Mills, Koninklijke DSM, Oikos, Pow-Cow, Yeo Valley, and Yoplait Light are some top players in this market. This market’s expanding customer base has been a major factor in the expansion and globalization of industries in recent years.

With numerous crucial discoveries, the high protein yogurt business is currently going through a flavor-packed revolution. Prominent market players are offering a balanced blend of protein and gut-friendly bacteria to entice more consumers and grow their market share.

Recent Developments by the High Protein Yogurt Manufacturing Industries

Chobani LLC announced the introduction of their new Chobani Protein brand of high protein yogurts in January 2023. This new product line comes in a number of flavors, including strawberry, blueberry, and vanilla, and each serving has 20 grams of protein.

General Mills, a leading layer in the high protein yogurt and snacks market, announced in February 2023 that it would buy Epic Provisions. With this purchase, General Mills is now having access to the expanding high protein yogurt industry.

High Protein Yogurt Market by Category

By Nature:

Organic
Conventional

By Product Type:

Spoonful
Drinkable

By Source:

Dairy-Based,
Plant-Based

By Flavor:

Regular
Flavored
Berries
Vanilla
Chocolate
Peach
Mango
Other Flavors

By Sales Channel:

Food Service
Store-Based Retailing
Hypermarkets/Supermarkets

By Region:

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

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Exploring Growth Potential in the Dry Yeast Market: Key Drivers and Forecasts

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

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

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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