Market Research Blog – Page 3770 – New Product Development

Global High-End Cellomics Market will achieve a valuation of US$ 639.2 Million by 2033 | FMI

According to projections, the global high-end cellomics market demand would generate US$ 639.2 million in revenue in 2033, up from US$ 325.1 million in 2023, growing at a pace of 7% between 2023 and 2033.

The rapid development of cutting-edge cellomics technology has had a tremendous impact on the study of cell biology. High-end cellomics is revolutionising how scientists investigate and comprehend cellular behaviour. It includes a variety of analytical techniques, such as automated microscopy, image processing, and visualisation tools.

A rise in sophisticated imaging capabilities, the incorporation of automation and artificial intelligence (AI), and a growing emphasis on precision medicine are characteristics of the high-end cellomics market. Researchers now have access to unmatched insights into cellular processes and disease mechanisms thanks to these changes, which are transforming the fields of cell biology research, drug discovery, and personalised medicine.

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High-end cellomics instruments and technologies can be expensive to acquire and maintain, which poses a challenge for small research institutions and organizations with limited budgets. The high cost of entry can hinder the widespread adoption of these advanced systems.

Looking ahead, the high-end cellomics industry holds tremendous potential for further growth and advancement. The integration of advanced imaging techniques, AI, and automation continues to enhance the capabilities of high-end cellomics systems.

The expanding adoption of high-end cellomics in drug discovery, clinical diagnostics, and personalized medicine is projected to drive the demand for more sophisticated and user-friendly solutions.

The increasing collaboration between industry and academia significantly contributes to the development of novel applications and the translation of research findings into clinical practice.

The market for high-end cellomics is also witnessing a growing emphasis on precision medicine and the same has opened new avenues for personalized diagnosis, treatment, and therapeutics development.

High-end cellomics technologies enable the characterization of individual cells within a heterogeneous population, facilitating the identification of unique cellular profiles associated with diseases. This knowledge allows for the development of targeted therapies and the customization of treatment plans based on individual patient needs.

Key Takeaways:

The market for high-end cellomics in the United States of America accounted for a 28.5% share in 2022.
The high-end cellomics industry in India is likely to secure 9.2% from 2023 to 2033.
In 2022, the value share of the market for high-end cellomics was 29.6% in Europe.
Based on application, drug discovery is anticipated to be leading with a share of 55.42% in 2022.
In 2022, pharmaceutical & biotechnology companies sub-segment seized 52.03% by end-use.

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How is the Competition Landscape of the High-end Cellomics Industry Structured?

The high-end cellomics market is marked by intense competition among players striving to gain a significant market share. Several prominent companies are at the forefront of driving innovation in the high-end cellomics market. These companies are continuously investing in research and development to introduce cutting-edge technologies and expand their product portfolios.

Collaborations between industry players and academic research institutions further foster advancements by combining expertise and resources. This collaborative approach ensures that the market remains at the forefront of technological innovation, addressing the evolving needs of researchers and clinicians.

Building and maintaining strong customer relationships is critical in the market for high-end cellomics. Companies that provide excellent customer support, technical assistance, and training programs tend to have an edge over their competitors.

Staying at the forefront of technological innovation is essential for companies to remain competitive. Further, continuous improvements in imaging capabilities, data analysis algorithms, automation, and integration with AI are key areas of focus for market players.

Key Players Working in the Market:

PerkinElmer, Inc.
ThermoFisher Scientific, Inc.
Molecular Devices LLC (part of Danaher Corporation)
Yokogawa Electric Corporation

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Market by Category:

By Application:

Academic Research/Basic Research
Drug Discovery
- Primary & Secondary Screening
- Target Identification & Validation
- Invitro Toxicity Studies
- Compound Profiling

By End-User:

Pharmaceutical & Biotechnology Companies
Academic & Research Institutes
Independent Contract Research Organizations (CROs)

By Region:

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

About Future Market Insights (FMI)

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

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Organic Cheese Market Independent Variable Examine, Future Opportunities & Challenges by 2032

The global organic cheese market is expected to grow at a CAGR of 7.2% during the projected period. As a result, the market value is projected to increase from US$ 8.1 Bn in 2022 to US$ 16.2 Bn by 2032.

As per the analysis of FMI, the main factors boosting the growth of the global organic cheese market are the high consumer demand for dairy and dairy-based products over the anticipated period, combined with the rapidly rising consumption of organic cheese worldwide. Organic cheese is very well-liked since it has a high nutritional content. To accommodate a wide range of consumer tastes and preferences, raw cheese is also made in a variety of flavors, textures, and shapes.

The experts at FMI have revealed that there is an unprecedented surge in the demand for organic cheese owing to its diversity of taste and health benefits, coupled with benefits like strengthening bones and teeth. Additionally, the manufacturers in the organic cheese market are keeping a tap on consumer preferences and innovating the product range as per the need of the consumers, and further expanding the market.

FMI has analyzed that natural cheeses are not permitted to contain certain ingredients, even if organic cheese is prepared using the same methods as regular cheese. Organic cheese is produced using the same techniques as regular cheese. It is challenging because of the use of things like genetically modified organisms (GMO) or chemicals like colorants, flavor enhancers, or stabilizers.

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Key Takeaways from the Market Study

Concerns about the use of antibiotics and hormones, animal health, and the environmental implications of farming are causing consumers in the United States to switch from conventional to organic cheese.
The growing socioeconomic level and altered consumer behavior in China are the main causes of the increase in the consumption of organic cheese.
Australian processed cheese sales are predicted to decline by 4%, while organic unprocessed cheese sales will increase by 2%. Within the cheese sector
The market for continental organic cheese is anticipated to be impacted by increased exposure to novel and foreign dietary options.
Online firms are concentrating on millennial consumers while modern commerce works on stocking more varieties of organic cheese in order to keep a solid market share.

“Demand for organic cheese will rise as a result of the growing desire of a sizable portion of the population to follow a healthy diet coupled with tremendous growth opportunities for manufacturers due to the rising plethora of applications in the coming years.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

A number of organic cheese firms are concentrating on enhancing and expanding their core business through the launch of additional products in order to keep up with conventional cheese sales. Two other areas in which producers are concentrating their efforts are the addition of new flavors to cream cheese and the creation of organic cheese snack packs.

Customers are increasingly favoring organic items, especially among millennials who are concerned about their health and the environment. They make moral choices regarding what they eat and drink as well as other matters like waste, packaging, and energy.

White Wave Foods Company, Eden Foods, Inc., The Lactalis Group, The Kroger Co., Organic Vallet, and Purity Foods Inc. are some of the key players in the organic cheese market.

Recent Developments

In August 2020, Glanbia finished obtaining Foodarom (Germany). The obtaining reinforced Glanbia’s capacity in the space of flavors and nourishing arrangements.
In 2020, Land O’Lakes fostered a natural cheese powder formed utilizing various sorts of cheeses like American, Parmesan, Blue, and Swiss cheese.

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Organic Cheese Market by Segments

By Product Type, the Organic Cheese Market is Segmented as:

Cheddar
Hard Continental
Soft Continental
Territorials Ex.Blue
Others

By Distribution Channel, Organic Cheese Market is Segmented as:

Speciality Stores
Modern Trade
Convenience Stores
Traditional Grocery Stores
Online store
Other Distribution Channel

By Form, Organic Cheese Market is Segmented as:

Cubes & Blocks
Slices
Spreadable
Other Forms

By Region, Organic Cheese Market is Segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Unveiling the Zest Citrus Fibre Market Growth Trends, Health Benefits, and Industrial Applications | FMI

Between 2023 and 2033, the citrus fibre market is anticipated to expand gradually at a 5.7% CAGR. The market is expected to grow from its 2023 sales of US$ 120.8 million to a predicted US$ 211.3 million market share by 2033.

Thanks to new fibre enrichment technologies, citrus fibre can now be used in an industrial setting. Customers are also encouraged to utilise citrus fibre because its goods are chemically unmodified. Natural citrus fibre is highly sought after by beverage production companies who desire to use no chemicals.

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Better skin and clearer blood are other merits of citrus fiber, along with its application in pharmaceuticals. Vendors process the citrus with advanced technologies that involve mixing, milling, heating, and drying. The advanced procedure also works in the direction of limiting the waste to the minimum while creating opportunities for other industries to use pure citrus fiber. From soluble to insoluble, citrus fiber provides clean label ad nutritive properties to baked goods.

The major application of citrus fiber in creating beverage ingredient solutions as it provides high water-holding capacity and emulsification properties to deliver a sustainable process and composition also helps the market growth.

Key Points

The US market is the biggest space for the pet care industry and is anticipated to cross a value of US$ 40.8 Mn by 2033. The regional market is expected to thrive at an elevated 5.9% between 2023 and 2033.
The South Korean market thrives at the highest CAGR of 6% during the forecast period. The market is likely to reach a value of US$ 5.5 Mn by 2033.
The food grade segment is likely to thrive in the grade category because of the higher consumption of citrus fiber in various food cuisines and packaged items. It is expected to thrive at a CAGR of 4.8% during the forecast period.
The orange segment thrives the highest in the source type segments, with a CAGR of 5.5% between 2023 and 2033, while it thrived at a lower CAGR of 4.3% during the historical period.

Competitive Landscape

Key competitors focus on delivering the most organic citrus fiber to industrial end users. The wide range of applications pushes vendors to adopt techniques to deliver a better and dimension-specific proportion of citrus fiber solutions. Key players in the market are Fiberstar, Inc, CEAMSA, CP Kelco, Inc, Herbafoods Ingredients GmbH, Florida Food Products, Inc, Lemont, Golden Health, FUYAN PHARM (Henan), Inc, Nans Products, and Cifal Herbal Private Ltd.

For instance:

Herbafoods Ingredients GmbH has extended its product chain by introducing 100% citrus fiber that is textured, stabilized, and emulsified. The product comes with fruit-specific flavour and aroma and moderate water-binding capacity.
CP Kelco, Inc has introduced its nature-based raw citrus fiber named NUTRAVA, which is clean label-friendly citrus for multi-industrial usage.

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Key Segments

By Grade:

Food Grade
Pharmaceutical Grade
Cosmetic Grade

By Source:

Orange
Tangerine/Mandarins
Grapefruit
Lemons and Lime

By Application:

Bakery
Desserts and Ice-cream
Sauces & Seasonings
Meat & Egg Replacement
Beverages
Flavorings & Coatings
Snacks & Meals
Personal Care
Pharmaceutical
Other Application

By Function:

Water Binder & Fat Replacer
Thickening Gums
Gelling Gums
Others

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Herb Oil Market to Reach US$ 3,255.8 million by 2033| Future Market Insights Inc.

The herb oil market is predicted to be valued at US$ 1,449.1 million in 2023 and US$ 3,255.8 million by 2033. Over the projection period, the herb oil market is expected to surge at a CAGR of 8.4%.

The market is witnessing a surge in demand for herb oil blends tailored for specific purposes, such as stress relief, immune support, and relaxation. As consumers increasingly seek holistic wellness, creating purpose driven combinations can tap into these emerging needs. With the growing popularity of CBD and its potential health benefits, combining CBD with herb oils is a promising avenue. This synergy can offer consumers a more comprehensive approach to well being.

Eco conscious consumers are prioritizing sustainably sourced ingredients. Companies investing in responsible sourcing, organic farming, and transparent supply chains can capitalize on this trend. The rise of customization and personalization is reshaping the herb oil market. Tailoring herb oils to individual preferences or health requirements can set a brand apart.

Exploring unconventional uses for herb oils, such as in cosmetics, aromatherapy, or culinary applications, can unlock new markets and customer segments. Leveraging digital platforms for education, marketing, and sales is crucial. Brands can connect with tech savvy consumers by providing information and guidance on the benefits and usage of herb oils.

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Key Takeaways from the Herb Oil Market

In 2022, the United States took the lead in the herb oil market, commanding a market share of 23.0%.
The United Kingdom is poised for an 8.0% CAGR by 2033.
China is at the forefront, anticipating a 10.0% CAGR surge through 2033.
The basil segment is dominated the market with a market share of 24.60% in 2022.
The personal care and cosmetic segment held a market share of 35.50% in 2022.

“In the herb oil market, continuous growth is expected as consumer demand for natural and holistic products rises. Quality and transparency will be key drivers in this evolving landscape,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

How Key Players are revolutionizing the Herb Oil market?

The herb oil market is transforming, driven by critical players revolutionizing the industry. These market leaders are reshaping how we perceive and utilize herb oils, bringing innovation, quality, and sustainability to the forefront.

These key players focus on sourcing high-quality herbs and employing state of the art extraction techniques. They understand the importance of preserving herb oils’ purity and therapeutic properties, making them more potent and beneficial for consumers. These players often commit to sustainable organic farming practices, ensuring a responsible and eco friendly supply chain.

They are expanding their product portfolios by introducing unique blends and applications for herb oils, catering to a broader range of consumer needs. By embracing technology, they offer convenient packaging and distribution channels, making these oils more accessible to consumers worldwide. Education and transparency are becoming paramount. Key players provide valuable information about benefits, uses, and potential side effects of herb oils, helping consumers make informed choices.

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Product Portfolio

Symrise AG is a global leader in creating and producing fragrances, flavors, and cosmetic ingredients. With a rich history of over 220 years, Symrise specializes in crafting unique sensory experiences that enrich products and captivate consumers worldwide.
Young Living Essential Oils LC is a premier provider of pure, authentic essential oils and wellness products. Their commitment to quality and sustainability sets them apart, ensuring that customers enjoy the benefits of natural, therapeutic grade oils and holistic well being.
Givaudan SA is a renowned global company dedicated to the art and science of flavor and fragrance creation. With a legacy of innovation spanning centuries, Givaudan combines creativity and precision to delight the senses, enhancing various products across various industries.

More Insights Available

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

To understand opportunities in the herb oil market, the report is segmented on the basis of Product Type (Basil, Mint, Thyme, Dill and Other Herbs), Application (Personal Care and Cosmetic, Food & Beverage, Pharmaceutical, Aromatherapy, Industrial and Other Application), Extraction (Distillation, Solvent Extraction, Cold Pressing and Other Extraction Method), across 7 major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

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Lupus Nephritis Treatment Market Charts Course for Significant US$5.67 Billion Valuation by 2033

The lupus nephritis treatment market is anticipated to develop at a compound annual growth rate (CAGR) of 11% from 2023 to 2033, from its present value of US$ 1.8 billion in 2022 to US$ 5.67 billion by 2033. The rise in the market can be attributed to several factors, including the rising incidence of the condition, more public awareness, and the introduction of novel, state-of-the-art treatments. The market for lupus nephritis treatments grew historically at a CAGR of 6.5% between 2018 and 2022.

One of the key drivers of this growth is the increasing prevalence of lupus nephritis. According to the Lupus Foundation of America, approximately 1.5 million people in the United States have lupus, and up to 60% of them will develop lupus nephritis. In addition, the prevalence of lupus nephritis is also increasing in other parts of the world, particularly in developing countries.

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Another factor driving the growth of the lupus nephritis treatment market is the development of new and innovative therapies. Over the past few years, there have been several promising advancements in the treatment of lupus nephritis, including the development of new medications and the use of biologic therapies.

Key Takeaways:

The Lupus nephritis treatment market is expected to grow at a value of 11% CAGR in the foreast period 2023 to 2033
Hospital pharmacies are expected to hold 45% of the market share in 2023 for Lupus nephritis treatment market.
North America is expected to possess 44% market share for Lupus nephritis treatment market in 2023.
Europe Lupus nephritis treatment market size is expected to possess 40% market share in 2023.

“Researchers and pharmaceutical companies are continuing to develop new and innovative therapies for lupus nephritis. This, in turn, is contributing to growth of the market.” states an FMI analyst

Competitive Landscape

Key players in the lupus nephritis treatment are Roche, Bristol-Myers Squibb, Eli Lilly and Company, GlaxoSmithKline, AstraZeneca, Aurinia Pharmaceuticals Inc., Johnson & Johnson Private Limited, Bayer AG, Sanofi, Sun Pharmaceutical Industries Ltd and Abbott

BMS has sponsored several clinical trials focused on developing treatments for lupus nephritis. For example, the company is currently sponsoring a Phase III clinical trial to investigate the efficacy and safety of abatacept in combination with mycophenolate mofetil (MMF) in patients with lupus nephritis.
In 2021, Eli Lilly announced positive results from a Phase 3 clinical trial of Olumiant in patients with lupus nephritis. The trial showed that Olumiant, in combination with standard-of-care treatment, significantly improved kidney function compared to standard-of-care treatment alone. Based on these results, Eli Lilly has submitted an application for regulatory approval of Olumiant as a treatment for lupus nephritis.

Key Segments:

Drug Class:

Corticosteroids
Immunosuppressive
- Azathioprine
- Cyclophosphamide
- Mycophenolate
Belimumab

Route of Administration:

Oral
Parenteral

Distribution Channel:

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy

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Author By:

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

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

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

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Mezcal Market Set For Notable Growth to 2033 | Future Market Insights Inc.

The mezcal market is expected to be valued at US$ 557 million in 2023. In 2022, the mezcal market’s valuation was US$ 430.3 million. The market is forecasted to capture an exceptional CAGR of 14.2% during the forecast period. By the end of 2033, the market is expected to reach a valuation of US$ 1,347.9 million.

A change in lifestyle for many people means frequent trips to bars, pubs, and the like. As the spending power of the people increases, their preferences also change. In the case of alcoholic drinks, there is now a growing demand for premium and luxury drinks. Several consumers are veering away from traditional drinks towards drinks like mezcal. Shifting consumer preferences are therefore driving the demand in the mezcal market.

Production of agave, the source ingredient of mezcal, is confined to Mexico. Nonetheless, there is a drive from mezcal suppliers to expand their market. Due to its closeness to Mexico, the United States has been the dominant force in the mezcal market. However, companies in the mezcal market are intending to have their products reach far and wide. The Asia Pacific is seen as a region with potential in the mezcal market.

Compared to other alcoholic beverages, mezcals are seen as more sustainable and organic. Made from agave, mezcals are sourced from natural ingredients. Mezcals are also termed to be healthier. Most mezcals are gluten-free and untampered mezcals contain very low sugar and calories. Thus, mezcal is quickly becoming the favored drink of the environment-conscious and the enthusiasts.

Mezcal offers consumers a unique smoky taste. This taste has made the drink popular among the bar-going crowd. The taste of mezcal is also being increasingly used to enliven cocktails. Nonetheless, mezcal manufacturers are becoming aware of the value of innovation.

“Mezcal drinks with different flavors diversify the portfolio of mezcal suppliers. Moreover, non-alcoholic mezcals are another innovation that is set to drive the market in the coming years,”– Nandini Roy Choudhury, Client Partner at Future Market Insights

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Key Takeaways from the Mezcal Market

The mezcal market is predicted to be valued at US$ 1,347.9 million in 2033.
Mezcal Joven resoundingly leads in the product type segment, estimated to account for 63.3% of the market share.
100% tequila leads the concentration segment, predicted to make up 54.7% of the market share in 2023.
The United States is the key force in the mezcal market growth, it is expected to account for 33.1% of the market share in 2023.
The Asia Pacific region is tipped to experience growth in the coming years, with Japan forecasted to make up 2.2% of the mezcal market share in 2023.
China is also on an upward trajectory in terms of growth and is expected to account for 5.2% of the market share in 2023.

Competition Analysis of the Mezcal Market

The mezcal market is highly fragmented, but the established players are trying to gain control of a huge share of the market. Acquisitions and mergers are common strategies in the mezcal market. The mezcal manufacturers are also relying on a diverse portfolio to appeal to consumers. A few of the established players in the mezcal market are Bacardi Limited, Familia Camarena Tequila, Craft Distiller, and Destileria Tlacolula.

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Recent Developments in the Mezcal Market

In September 2023, Ilegal Mezcal was acquired by Bacardi Limited. Ilegal Mezcal is a specialty mezcal brand. With the acquisition, Bacardi is aiming to increase its foothold in the mezcal market.

In August 2023, American brand Desolas Mezcal formed a partnership with Canadian distributors Renaissance Wine Merchants. With the help of this partnership, the American brand is expanding into Canada.
In April 2022, Drink Monday Inc. introduced a non-alcoholic mezcal in the market. Named Monday Mezcal, the drink was an extension of the company’s already extensive non-alcoholic drinks catalog.

Key Segments

By Product Type:

Joven
Reposado
Anejo

By Concentration:

100% Tequila
Mixed Tequila

By Region:

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

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Author by:

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.

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Global Opioid Analgesics Market is on track for significant growth, with forecasting an upswing to US$ 72.0 Billion by 2033 | FMI Analysts

The global opioid analgesics market is set to witness remarkable expansion, according to recent market analyses. Projections indicate that by 2033, the market size is expected to soar to an impressive US$ 72.0 billion, up from US$ 43.3 billion in 2023. This forecast is accompanied by a predicted Compound Annual Growth Rate (CAGR) of 5.2% during the projection period, showcasing significant potential for growth and innovation within the sector.

Opioid analgesics, derived from opium poppies, have long been instrumental in pain management worldwide. However, the industry has faced escalating concerns regarding the risks of abuse and addiction associated with these powerful drugs. Despite these challenges, the industry continues to be a crucial component of global healthcare, addressing the needs of patients suffering from acute and chronic pain.

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The market’s anticipated expansion is driven by factors such as an aging population, rising prevalence of chronic pain conditions, and advancements in healthcare infrastructure. As pain management becomes a critical aspect of patient care, the demand for opioid analgesics is expected to witness sustained growth.

While the industry looks towards significant growth, stakeholders and regulatory bodies are increasingly acknowledging the need for a balanced approach to ensure responsible use and mitigate the risks associated with opioid analgesics. Public health concerns surrounding abuse and addiction have prompted the implementation of stringent regulations, emphasizing the importance of responsible prescribing practices and patient education.

Industry leaders and healthcare professionals are urged to collaborate on initiatives that promote safe and effective pain management strategies, fostering a responsible and sustainable approach to the use of opioid analgesics. The industry’s growth trajectory presents an opportunity for innovation, research, and collaboration to address the challenges associated with these potent medications.

As the global opioid analgesics market evolves, stakeholders are encouraged to stay informed about the latest developments, regulations, and best practices. By working together, the industry can ensure that the benefits of opioid analgesics are maximized while minimizing the potential risks, contributing to improved patient outcomes and overall public health.

Opportunities in the Opioid Analgesics Market:

The global market is experiencing several opportunities for healthcare providers. Some key opportunities in the global market are as follows:

Pain Management: The increasing demand for opioid analgesics is growing among patients due to the relief of several pain and medical conditions. The rising aging population and increasing chronic pain conditions are upsurging the adoption of opioid analgesics.

Cancer Pain Treatment: Opioid analgesics reduce cancer-related pain among patients, enhancing their treatment experiences.
Postoperative Pain: Opioid analgesics are adopted by patients after surgical procedures to relieve strong pain. Pharmaceuticals and healthcare companies are focusing on developing pain management solutions for targeted patients.
Chronic Pain Management: Chronic pain conditions, including neuropathic pain, back pain, and osteoarthritis, are managed by adopting opioid analgesics. Pain management therapies and better delivery methods address these conditions.
Abuse-deterrent Formulations: The growing interest in developing abuse-deterrent formulations is increasing the demand for opioid analgesics. The key companies are investing in research and development to offer safe alternatives.
Personalized Medicine: The growing advancement in personalized medicine is widely used in opioid treatment for genetic makeup. It improves efficacy, manages pain, and minimizes side effects.
Market Expansion: Surging healthcare infrastructure in developing countries such as China and India, increasing the adoption of pain management medications. The expanding market in these countries is fueling the opportunities for pharmaceutical companies.
Opioid Overdose Reversal Agents: The increasing need for opioid overdose drug agents promotes and develops opportunities in the global market for addressing public health issues.

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Key Takeaways:

The global opioid analgesics market is estimated to secure a valuation of US$ 72.0 billion with a CAGR of 5.3% by 2033.
The United States is estimated to dominate the global market by securing a maximum share of 41.9% during the forecast period.
With a share of 5.7%, Germany is significantly driving the global market by 2033.
Japan is estimated to capture a share of 4.2% in the global market during the forecast period.

How are the Key Players Adopting Marketing Strategies?

The global market is highly competitive by the essential players. These players are investing millions of dollars in research and development activities to carry out unique ideas to expand the global market. Key players are developing innovative and high-quality products that satisfy consumers’ needs. They are adopting various marketing tactics such as mergers, collaborations, acquisitions, and agreements to upsurge the global market.

Recent Developments in the Global Market are:

In 2020, Daiichi Sankyo announced its collaboration with Ultragenyx. This collaboration took place to enhance research activities in gene therapy manufacturing technology.

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Key Companies Profiled:

Pfizer Inc.
Abbott Laboratories
Janssen Pharmaceuticals, Inc. [Johnson & Johnson]
Novartis AG
Bayer AG
GlaxoSmithKline plc
Hoffmann-La Roche AG,
Boehringer Ingelheim International GmbH
Bausch Health Companies Inc.
Sanofi S.A.
Teva Pharmaceuticals
AbbVie Inc. (Allergan plc)
Purdue Pharmaceuticals L.P.

Opioid Analgesics Market by Segmentation:

By Drug Class:

Morphine
Codeine
Fentanyl
Meperidine
Methadone
Tramadol
Oxycodone
Dextromethorphan
Buprenorphine
Others

By Indication:

Surgical Pain
Cancer Pain
Neuropathic Pain
Other

By Route of Administration:

Oral
Parenteral
Transdermal
Other

By End User:

Hospitals
Retail Pharmacies
Drug Stores
Online Pharmacies

By Region:

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

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Nandini Singh Sawlani

Fortified Foods Market to Be Worth US$ 257,715 million by 2033| Future Market Insights Inc.

The global fortified food market is projected to reach a value of US$ 257,715 million by 2033, growing at a positive CAGR of 6.2% for the forecast period. Consumers in industrialized economies are increasingly aware of the health benefits of fortified foods, which is a driving force behind the market for these products.

A significant amount of progress has been achieved in the area of food fortification across Africa. In order to prevent and control micronutrient deficiencies, more countries are supporting staple food fortification, in addition to capacity building and system strengthening.

A fortified food or condiment is that which contains one or more micronutrients intentionally added to improve health and nutritional quality, while posing minimal health risks. The addition of micronutrients can increase the nutritional value of staple foods as well as help restore micronutrients lost during processing.

The World Health Organization (WHO) and the Food and Agriculture Organization (FAO) define food fortification as the deliberate addition of necessary micronutrients and vitamins to food to make it more nutritious. Business owners, however, have the opportunity to tap into the growing economies of Asia and the Pacific. North America and other developed regions are also predicted to continue to drive demand for these products.

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With the prevalence of chronic diseases and nutrient deficiencies, consumers are increasingly seeking foods that contain essential nutrients and support specific health goals. As fortified foods are highly convenient, marketable, and strategically positioned, modern trade outlets are valuable drivers of growth.

A variety of fortified foods are being developed by manufacturers that meet the various preferences and dietary restrictions of consumers, such as vegan, gluten-free, and dairy-free diets. Fortified foods are increasingly containing functional ingredients such as probiotics, prebiotics, antioxidants, and botanical extracts to make them more nutritious, functional, and tasty. A number of health benefits have been linked to these ingredients, including improving gut health, boosting immunity, and preventing disease.

With the continual advancements in drying technology, including freeze-drying, spray drying, and vacuum drying, it is anticipated that these advances will lead to improving efficiency, cost-effectiveness, and better retention of the nutrient content of the crops. There is a possibility that consumers will find it more appealing to consume fortified foods produced through these methods.

Key Takeaways from the Market Study

The fortified foods market is estimated to reach US$ 207,352.6 million by 2032.
A CAGR of 2.5% was recorded between 2018 and 2022 for fortified foods.
Japanese sales accounted for 5% of the global market in 2022.
According to analysts, the market for fortified foods in the United Kingdom grew by 2.5% in 2022.
The micronutrient market for vitamin D is forecast to dominate during the forecast period.
Yogurt with added vitamins is expected to gain popularity in the coming years.

“Innovation and the development of new products will fuel fortified food market growth. A rising number of government initiatives and research and development activities are expected to drive growth in the market,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

More companies are collaborating and establishing strategic partnerships in the fortified foods industry.

Fortified food companies conduct research and development, innovate, develop products, expand geographically, and establish strategic partnerships.

In July 2023, Big G breakfast cereals will contain double the amount of vitamin D as they currently do, providing 20% of the daily dose of vitamin D. The first cereals to include the vitamin boost are Cinnamon Toast Crunch and Cheerios; later this summer, Cocoa Puffs, Lucky Charms, Trix, and Cookie Crisp will follow. By the end of this year, the company plans to offer a full line of vitamin D-fortified cereals nationwide.
In August 2023, the Directorate of Food and Civil Supplies will collaborate with PATH, its technical partner, to raise awareness about plastic rice circulating on social media.

Know More about What the Fortified Foods Market Report Covers

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

To understand opportunities in the fortified foods market, the market is segmented based on raw material, micronutrients, application, technology, and sales channel industry type across six major regions.

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Fortified Foods Market by Category

By Raw Material:

Flours
- Rice Flour
- Wheat Flour
- Corn Flour
Rice
Salt
Milk
Oil
Sugar

By Micronutrients:

Vitamins
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Other Vitamins
Minerals
- Calcium
- Iron
- Zinc
- Iodine
- Other Minerals
Ther Fortifying Nutrients

By Application:

Basic Food
- Cheese
- Butter
- Yoghurt
- Others
Processed Food
- Extruded Products
- Powdered Products
Value added Food
Condiments
Juice

By Technology:

Drying
- Oven Drying
- Drum Drying
- Spray Drying
Extrusion
Coating & Encapsulation
Others

By Sales Channel:

Modern Trade
Online Sales
Neighborhood Stores
Other Retail Format

By Region:

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

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Empowering Mothers: The Surging Demand and Growth Trends in the Global Postnatal Health Supplements Market

Global sales of postnatal health supplements market are projected to grow at a 7.2% annual pace and reach $2.79 billion by 2023 as a result of major rivals introducing new medicines and increasing awareness of postpartum depression. Mothers are looking for these supplements for health protection in the middle of a growing pharmaceutical sector, which is fueling the market’s rapid growth.

The global postnatal health supplements market is expected to reach US$ 1.2 billion in 2022 and is projected to grow to $2.79 billion by 2023, with a 7.2% CAGR from 2023 to 2033. This growth is driven by increasing awareness of postnatal depression and the introduction of new products by leading competitors. Expecting and new mothers are increasingly turning to maternity health supplements to protect themselves and their unborn children from health risks. The pharmaceutical sector, in general, has shown rapid growth over the past two decades, with global sales reaching $1.25 trillion in 2019.

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The global postnatal health supplements market is anticipated to reach US$ 1.2 billion worldwide in 2022. The increased prevalence of postnatal depression along with the introduction of new products by the leading competitors are two key factors predicted to fuel the market’s growth during the forecast timeframe. By 2023, it is anticipated to have made US$ 2.79 billion, with a CAGR of 7.2% from 2023 to 2033.

More people are becoming aware of the dangers and illnesses that poor dietary habits can expose new mothers and expectant mothers to. As more women pick maternity health supplements to protect both themselves and their unborn children from challenges and illnesses, the market for these products is expanding. The 1.25 trillion dollars in reported global sales for the year 2019 show the pharmaceutical industry’s rapid growth over the past 20 years.

Major market participants are expanding their marketing budgets for postpartum health supplements. Pills for postpartum wellness are currently selling significantly better. Several governments are also highlighting the need of postnatal health education among their citizens. Globally, the need for postnatal health supplements has increased as a result of all of these issues.

Key Takeaways from this Market:

Sales of postnatal health supplements increased at a 5.6% CAGR from 2018 to 2022.
In 2022, the market for postnatal health supplements will be 38.2% made up of protein and amino acid supplements.
In 2022, the capsule sector had a maximum market share of 41.5%.
The market for postnatal health supplements in North America is anticipated to increase considerably in value during the projected period, with a market share of 34.2% in 2022. In terms of distribution channels, the pharmacy store-based retail segment held 76.5% of the market share in 2022.
Germany will continue to be one of the most lucrative markets for postnatal health supplements in Europe in 2022, with a market share of 20.3%.

“Both governmental and private organizations throughout the world have launched a number of projects to address postnatal depression. This is predicted to raise women’s awareness, which would have a favorable effect on the market’s growth throughout the course of the forecast year,” – remarks an analyst at FMI.

Competitive Landscape:

Businesses are concentrating on promotional as well as advertising techniques to raise awareness among women and to build a solid customer base for their business. Church & Dwight Co. Inc., a significant maker of postnatal health supplements, provides its clients with high-value services in addition to the sale of postnatal health supplements. To increase their product portfolios, well-known businesses are putting more emphasis on new product development.

Prominent players in this market are:

Church & Dwight Co. Inc.
The Honest Company Inc.
DuPont De Nemours Inc.
New Chapter Inc.
Nordic Naturals Inc.
Pharmavite LLC
Actif USA
Eu Natural
Naturelo Premium Supplements LLC
Theralogix – Nutritional Science
Pure Essence Labs
Fairhaven Health – Milkies
Pink Stork
Vitabiotics Ltd.
Others

Some key developments by leading companies in this market are:

A brand-new, cutting-edge collection of prenatal and postnatal multivitamins as well as supplements designed specifically for the transition to parenthood was introduced by Mommy’s Bliss in 2020.
The Mommy’s Bliss New Mom Line debuted with four essential items. Mommy’s Bliss Prenatal Regularity Support Gummies, Mommy’s Bliss Prenatal Omega + DHA Gummies, Mommy’s Bliss Prenatal Multivitamin + Iron, Mommy’s Bliss Prenatal Multivitamin + Probiotics, along with Mommy’s Bliss Prenatal Multivitamin + Iron are among the first products offered.

More Valuable Insights Available:

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

To understand opportunities in the postnatal health supplements market, the market is segmented on the basis of postnatal health supplements by ingredient (vitamins & minerals supplements, herbal supplements, prebiotic supplements, probiotic supplements), form (soft gels/pills), application (general well-being and lactation support, weight management) and across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Profiled in this Market:

By Ingredient:

Vitamins & Minerals Supplements
Herbal Supplements
- Ayurvedic Extracts
- Algal Extracts
- Phyto-Chemicals
Protein and Amino Acid Supplements
Prebiotic Supplements
Probiotic Supplements

By Form:

Soft Gels
- Confectionery Products
- Pharmaceutical Products
Tablet
Capsule
Liquid

By Distribution Channel:

Store-Based Retailing
- Hypermarkets/Supermarkets
- Convenience Stores
- Drug Stores and Pharmacies
- Health & Wellness Stores
- Other Retailers
Online Retailing

By Application:

General Well-being and Lactation Support
Weight Management
Immune & Digestive Health
Bone and Joint Health
Heart Health
Eye Health
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Topical Applicators Market: Forecasted Growth at a CAGR of 5.57% by 2032

The demand for topical applicators in the global market is expected to reach a valuation of US$ 3.2 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 5.57% poised to elevate its value to US$ 5.5 billion between 2022 and 2032. This growth trajectory highlights a steady increase in demand for innovative healthcare solutions and advancements in topical application technologies. As consumers seek convenient and efficient ways to administer medications and skincare products, the topical applicators market is positioned to expand, driven by evolving healthcare trends and the growing emphasis on self-care and wellness practices.

North America is emerging as an opportunistic market for topical applicators, primarily due to its well-developed pharmaceutical industry and the increasing prevalence of skin infections and diseases. The region’s growing population and rising healthcare needs are driving the demand for topical applicators. Furthermore, the increase in disposable income among the middle-class population indirectly contributes to market growth in North America. Currently, this region accounts for a substantial 70% share of the global topical applicators market.

In Asia Pacific, the topical applicators market is witnessing significant growth opportunities. The region is expected to experience a lucrative growth rate during the forecast period, primarily attributed to the surge in topical treatments, especially for skin-related conditions. The developing pharmaceutical industry in countries like India and China is a key driver of the topical applicator market’s growth in the region. As healthcare needs and consumer preferences evolve, Asia Pacific is set to play a vital role in shaping the future of the topical applicators market.

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The increasing use of topical applicators in home healthcare settings is also fuelling the growth of the market. The increasing aging population and the growing awareness about the benefits of self-care are expected to drive the demand for topical applicators in home healthcare settings. Additionally, the growing popularity of online retail channels, such as e-commerce websites and mobile applications, is also expected to drive the growth of the market.

The market is segmented on the basis of product, application, and region. On the basis of product, the market is segmented into sprays, creams, ointments, and gels. The creams segment is expected to hold the largest share of the market, owing to the wide range of applications of creams and the increasing prevalence of skin diseases. On the basis of application, the market is segmented into dermatology, cosmetics, and others. The dermatology segment is expected to dominate the market, owing to the increasing prevalence of skin diseases.

The Key Players Are-

Simcro
Uno Dose
Fagron Inc.
Super Brush LLC
DoseLogix
SpecializedRx Products LLC

Market Drivers:

Increasing Prevalence of Chronic Diseases: With a rise in chronic conditions such as arthritis, diabetes, and skin disorders, there’s a growing need for topical medications. This drives the demand for efficient applicators.
Advancements in Drug Delivery Technologies: Continuous advancements in drug delivery technologies, such as transdermal patches and topical gels, are expanding the range of medications suitable for topical application. This broadens the market scope for topical applicators.
Growing Geriatric Population: The aging population requires more accessible and user-friendly drug delivery methods. Topical applicators offer convenience and ease of use, making them preferred among the elderly demographic.
Preference for Non-Invasive Treatments: Patients often prefer non-invasive or minimally invasive treatment options. Topical medications provide a non-invasive route for drug administration, enhancing patient compliance and satisfaction.
Rising Consumer Awareness and Demand for Cosmeceuticals: Increasing consumer awareness regarding skincare and cosmeceutical products fuels the demand for topical applicators, particularly in the beauty and skincare segment.
Technological Innovations in Applicator Design: Ongoing advancements in applicator design, such as precision dosing mechanisms and ergonomic features, improve the accuracy and efficiency of drug application, driving market growth.

Market Restraints:

Regulatory Challenges and Compliance: Stringent regulatory requirements, especially concerning product safety and efficacy, pose challenges for market players in terms of compliance and approval processes, which can hinder market growth.
Potential Side Effects and Allergic Reactions: Topical medications may cause adverse effects or allergic reactions in some individuals. Concerns regarding these side effects may deter some consumers from using topical applicators, impacting market growth.
Limited Penetration in Developing Regions: The adoption of advanced topical applicators may be limited in developing regions due to factors such as inadequate healthcare infrastructure, low awareness, and affordability issues, restraining market expansion.
Competition from Alternative Delivery Methods: Topical applicators face competition from alternative drug delivery methods such as oral medications, injections, and implantable devices. The availability of multiple options may impact the market share of topical applicators.
Complexity in Formulation Development: Formulating drugs for topical delivery can be complex, requiring specific formulations to ensure stability, skin penetration, and efficacy. This complexity can hinder the development and commercialization of topical medications, affecting the demand for applicators.
Price Sensitivity: Price sensitivity among consumers, particularly in emerging markets, may limit the adoption of topical applicators, especially if more affordable alternatives are available.

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Key Segments Profiled in the Topical Applicators Industry Survey

By Product Type:

Metered Topical Applicator
Swab Topical Applicator

By Capacity:

Up to 10 ml
From 11 ml to 30 ml
From 31 ml to 50 ml
Above 50 ml

By Application:

Topical Creams
Topical Gels
Topical Foams
Topical Masks & Peels
Topical Skin Protectants
Other Topical Applicators

In conclusion, the global Topical Applicators Market is expected to grow at significant rate during the forecast period due to the increasing prevalence of skin diseases and the growing demand for advanced drug delivery systems. The increasing use of topical applicators in home healthcare settings and rising popularity of cosmetic dermatology are also driving the growth of the market. The presence of major players and their strategic initiatives is expected to create more opportunities in the market during the forecast period.

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