Spine Pain Market Ramps Up for Notable US$ 12.47 Billion Valuation by 2033

According to a recent report by Future Market Insights, the spine pain market is predicted to develop at a compound annual growth rate (CAGR) of 5% between 2023 and 2033, reaching a valuation of US$ 12.47 billion. Anti-inflammatory medications are being used by more people to reduce pain due to their minimal negative effects. The effectiveness of drugs like diclofenac, ibuprofen, and naproxen as nonsteroidal anti-inflammatory medicines is helping the market grow.

The vast majority of individuals in the region who suffer from chronic spine pain contribute to the market’s expansion. Because of rising healthcare costs for the general public and the availability of cutting-edge healthcare systems, the industry for spine pain treatment in North America is gaining momentum. People are becoming more conscious of spine pain, which is expected to increase demand for this treatment in the region.

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The APAC market, on the other hand, is expected to grow at the fastest rate in the coming years, owing to the region’s improving healthcare system, rising per-capita income levels, aging population, and burgeoning prevalence of chronic pain. According to a United Nations (UN) Department of Economic and Social Affairs report on global population aging, Asia’s elderly population will more than double, from 395 million in 2019 to 587 Million by 2030.

Key Takeaways:

  • Nearly 65 million Americans have recently suffered spine pain.
  • Some 16 million adults, or 8% of all adults, suffer from persistent or chronic spine pain, limiting their ability to perform daily tasks.
  • The number of elderly population people in Asia is forecast to double, from 395 million in 2019 to 587 million by 2030.
  • The global Spine Pain market is expected to garner a market value of US$ 12.47 Billion.
  • The global Spine Pain market is estimated at a market value of US$ 7.65 Billion.

“As lifestyle changes become apparent, incidences of spinal anomalies and related disorders is becoming more prevalent. Consequently, healthcare practitioners are introducing new approaches to treat spinal problems, providing scope for expansion,” says an FMI analyst.

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Market Competition

Key players in the Spine Pain market are Medtronic plc., DePuy Synthes, Inc, Stryker Corporation, NuVasive, Inc, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Alphatec Spine, Inc, Orthofix International N.V., Difusion Technologies, Inc., ZimVie Inc.

  • In July 2020 – Zavation Medical announced the release of the versatile anterior lumbar plate and Lateral Lumbar Plate, which are intended to be used as supplemental fixation devices for the lumbar spine. These plates are new additions to the company’s inventory.
  • In August 2020, WishBone Medical Inc. declared the acquisition of all assets from Back 2 Basics Direct (B2B) and Orbbo Surgical, two confidentially medical device manufacturers specialized in spinal fusion research, advancement, and surgical tools.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Embolization Coils market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis Product (Fusion Devices, Non-Fusion Devices, Stimulation Devices), By Treatment (Open Surgery, Minimally Invasive Surgery, Others), By Procedure (Discectomy, Laminotomy, Foraminotomy, Corpectomy, Facetectom) & Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Key Segments Profiled in the Spine Pain Market Industry Survey

By Product:

  • Fusion Devices
  • Non-Fusion Devices
  • Stimulation Devices

By Treatment:

  • Open Surgery
  • Minimally Invasive Surgery
  • Others

By Procedure:

  • Discectomy
  • Laminotomy
  • Foraminotomy
  • Corpectomy
  • Facetectomy

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.

About Future Market Insights (FMI)

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

Contact Us:        

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Cystic Fibrosis Therapeutics Market Targets Remarkable US$ 116.42 Billion Valuation by 2033

By 2023, it is anticipated that the worldwide cystic fibrosis therapeutics market would be worth US$ 12.5 billion. The market for cystic fibrosis is expected to rise globally at a CAGR of 25.0% between 2023 and 2033, reaching about US$ 116.42 billion by that time, thanks to the advent of cutting-edge treatment options for early detection.

The rising prevalence of CF indicates an increase in demand for treatment options, which will drive the Cystic Fibrosis Therapeutics Market in the near future. The key players in this market focus on the development of novel therapeutics for treatment in collaboration with nonprofit organisations. VX-445 + tezacaftor + ivacaftor, PTI-428, QR-010, AZD5634, and POL6014 are among the drugs in clinical trials.

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The rising prevalence of cystic fibrosis, advancements in screening and treatment, and the availability of modified drug therapy and molecular prosthetics to cure cystic fibrosis are the major factors driving the revenue share of the cystic fibrosis therapeutics market during the forecast period. Furthermore, rising awareness about this progressive genetic disease, as well as the increasing adoption of drug therapies, are important factors that are expected to accelerate market growth over the forecast period.

Key Companies Profiled :

•Novartis AG
•Vertex Pharmaceuticals Incorporated
•AbbVie Inc.
•Gilead Sciences, Inc.
•Mylan N.V.
•Pfizer Inc.
•Bayer AG
•Genentech, Inc.
•AstraZeneca

Recent Developments:
•In April 2018, Novartis Venture Fund along with Versant Ventures invested US$ 41 million for series B round in cystic fibrosis disease startup Enterprise Therapeutics. The financing will allow Enterprise Therapeutics to push three projects into clinical phase.

•In March 2018, US FDA approved product named Symdeko manufactured by Vertex Pharmaceuticals Incorporated. The product is a combination of Tezacaftor and Ivacaftor majorly used in the treatment of CF.

Key Segments Covered in the Cystic Fibrosis Industry Analysis:
Cystic Fibrosis Therapeutics Market by Drug Class:
•Cystic Fibrosis Transmembrane Conductance Regulator (CFTR)
•Bronchodilators
•Mucolytic
•Pancreatic Enzyme Supplement
•Others

Cystic Fibrosis Therapeutics Market by Route of Administration:
•Oral
•Parenteral

Cystic Fibrosis Therapeutics Market by Distribution Channel:
•Retail Pharmacies & Drug Stores
•Online Pharmacies
•Hospital Pharmacies

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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.

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
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Media Processing Solutions Market Set to Hit US$ 52.1 Billion with 12.7% CAGR

The media processing solutions market was valued at US$ 15.8 Billion in 2022 and is predicted to reach US$ 52.1 Billion by 2032, growing at a 12.7% CAGR. The demand for media processing solutions is predicted to grow during the forecast period due to technical improvements and funds for research & development increase.

The sales of media processing solutions are rising as the media processing solutions market’s players and vendors use their solutions to publish video and relevant media material so that it can be accessed by consumers on multiple platforms and from numerous sources. In the global media processing solutions market, the demand for media processing solutions is growing as they are utilized to ensure that consumers can watch videos without latency, even if their viewing devices change.

Other important drivers for the sales of media processing solutions are the expanding demand for multi-device accessibility, increased internet connectivity in emerging economies, rising preference for live-streaming content, and rising digital advertising spending through videos.

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The demand for media processing solutions is rising due to increased access to improved internet services in many nations.

The global media processing solutions market is expected to grow in the approaching years due to increased technological developments and the modernization of digital solutions. On the other hand, one of the major challenges to the global media processing solutions market’s growth is the growing complexity of processing media content from multiple sources.

However, the rising adoption of cloud platforms that reduce resource waste and provide effective solutions to end users is likely to boost demand for media processing solutions. Attaching watermarks, terminal device adaption, and video identification capabilities are all features of solutions in the media processing solutions market.

Over the years, numerous prospects for growing revenue from media (video) processing solutions have emerged, such as the expansion of live video streaming with an increasing number of users.

One of the key factors driving viewers to multi-screen or cross-screen services is the increasing acceptance of online multimedia content. Live video services with high-speed network connectivity and various connected devices, such as tablets and smartphones, are attracting consumers’ attention.

Key Takeaways from the Media Processing Solutions Market Report:

  • During the forecast period, the dynamic ad insertion(real-time) segment is projected to dominate the media processing solutions market with a CAGR of 12.9%.
  • Based on solutions, the platform segment is anticipated to lead the media processing solutions market with a CAGR of 12.9%.
  • The United States is forecasted to dominate the media processing solutions market with a market size of US$ 12.1 Billion.
  • Due to rising demand for ultra 4K video-on-demand streaming and increased video surveillance in countries such as India, Australia, China, and Japan, Asia-Pacific is expected to develop at the fastest rate in the global media processing solutions market. Only India and China, with over 1.2 billion internet users, are likely to provide a huge potential for video processing solution vendors in the region. India, in particular, has tremendous growth potential in the next years, with only 27% of its people using the internet.

Competitive Landscape:
According to the market analysis, all of these companies will be involved in competitive strategy developments such as alliances, new product inventions, and market growth in the next years to attain leadership positions in the worldwide video-processing solutions market.

Recent Developments:
The US Army has awarded SRI International a contract to supply a sensor-integrated bespoke camera module for enhanced night vision video delivery in April 2019. SRI’s expertise in image and video processing solutions for defense applications is expected to be highlighted through this contract.

Morpho, Inc. announced a partnership with Nekojarashi Inc., a major cloud service provider for creative purposes, to develop a sophisticated video processing tool on the cloud platform in January 2019. Morpho’s cloud-based video processing capabilities will be enhanced as a result of this agreement.

Leading Key Players:

  • Kaltura
  • Telefonaktiebolaget LM Ericsson
  • Pixel Power Ltd
  • Vantrix Corporation
  • Synaptics Incorporated
  • Blazeclan Technologies
  • Akamai Technologies
  • Synamedia
  • Amagi
  • Apriorit
  • Ateme
  • Dalet
  • BASE Media Cloud Limited
  • Imagine Communications Corp
  • SeaChange International
  • Equilibrium
  • Hewlett Packard Enterprise Development LP
  • Harmonic Inc
  • iStreamPlanet Co
  • Telestream LLC
  • Intel Corporation

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Media Processing Solutions Market Segmentation:

By Solution:

  • Platform
  • Services

By Component:

  • Video Upload and Ingestion
  • Dynamic Ad Insertion
  • Video Transcoding and Processing
  • Video Hosting
  • Content Rendering

By Content-Type:

  • Real-Time/Live
  • On-Demand

By Enterprise Size:

  • Small and Medium Enterprise
  • Large Enterprise

By End-User:

  • TV Broadcasters
  • Content Providers
  • Network Operators

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Innovation Management Market Predicted 10.7% CAGR to Reach US$ 3.1 Billion

The innovation management market is forecasted to reach a net worth of US$ 3.1 Billion in 2032, increasing from US$ 1 Billion in 2021. It is estimated to witness an impressive CAGR of 10.7% over the forecast years.

Over the last decade, most global companies have transformed into digital modes requiring a higher degree of innovation in inventory management with agile data processing technologies. Product idea management has also surfaced to be an important business operation that has further boosted the demand for strategic management of technology and innovation solutions in the global market.

Continuous innovation for developing new products according to the demand of targeted customers is turning out to be the most effective business model for large and small enterprises to remain competitive in the present market. Performing the task of exchanging ideas and knowledge seamlessly among several stakeholders has been greatly supported by the deployment of the Idea management framework in the digital space of enterprises.

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Integration of Cloud-based technologies and AI-assisted idea generation methods have also increased the popularity of innovation management processes for managing technology and innovation in business.

The growing focus of start-ups and established business entities on penetrating different regions by launching innovative and new products has created a huge opportunity for the adoption of effective innovation management solutions. It also involves any activity for improving the available products or services through  innovation in inventory management for a more open business model.

Key Takeaways from the Innovation Management Market Report:

  • Over the forecast period of 2022 to 2032, the innovation management market is predicted to witness an absolute growth of US$ 2 Billion from the present value of US$ 1.1. Billion in 2022.
  • Based on the deployment model, cloud services are becoming highly popular among end-users because of their dynamic and effective innovation management. This segment is expected to witness a growth rate of 10.3% over the forecast timeframe.
  • Among the different components essential for setting up an Idea management framework, services are the major segment of the innovation management market in the present times. This segment is predicted to record a CAGR of 10.6% during the forecast period.
  • The US is the leading market in terms of total revenue generated through innovation project portfolio management, occupying a share of nearly 35% of the global market. This region is anticipated to grow at the highest rate of 10.6% and is expected to be worth around US$ 1.1 Billion in 2032.
  • Asia Pacific geographic region follows North America in terms of growth rate for the innovation management market. The three top-performing countries, namely China, Japan, and South Korea are expected to contribute about US$ 500 Million together by the year 2032.

Competitive Landscape:
With the growth in the number of third-party companies for managing technology and innovation in business, the global innovation management market has become highly competitive at present days. Most of the emerging players are getting specialized by targeting particular niche sectors for higher market demand. Health policy innovation and management is one of such popular segments getting increasingly targeted by the prominent players in the innovation management market.

Planview Company acquired the rights of Apatage in July 2020. Apatage is a first-of-its-kind system for the application of artificial intelligence (Al) and machine learning (ML) for the working and management of portfolios that will offer greater acceptability for Planview in the global market.

Leading Key Players:

  • Accenture
  • SAP SE
  • Sopheon
  • Planview
  • Qmarkets

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Innovation Management Market Segmentation:

By Component:

  • Solution
  • Services

By Deployment Type:

  • On-Premises
  • Cloud

By Function:

  • Product Development
  • Business Process

By Organizational Size:

  • Large Enterprise
  • Small & Medium Enterprise

By Vertical:

  • BSFI
  • Aerospace and Defense
  • Healthcare and Pharmaceuticals
  • Retail and eCommerce
  • Information Technology and Telecommunications
  • Government
  • Manufacturing
  • Transportation and Logistics
  • Others

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Microparticulated Whey Protein Market Surges Fueled by Consumer Demand and Technological Advances | FMI

Microparticulated Whey Protein market
Microparticulated Whey Protein market

The Microparticulated Whey Protein market estimated to be worth $165 million in 2023, it is projected to increase impressively at an 8.3% CAGR to reach US$ 376.7 million by 2033. Demand from consumers for practical, healthful products and technical developments—especially in the ready-to-drink beverage category, which is expected to account for 34.4% of the market by 2033—are the main drivers of this upsurge.

Because microparticulated whey protein has so many uses in the food and beverage sector, the market for it is expanding quickly. Microparticulated whey protein is being used in an increasing variety of formulations in response to consumer demand for products that are both nourishing and functional. The market is growing as a result of advances in processing technology and growing health consciousness.

The growing consumer demand for useful and healthful products, coupled with technological advancements, is driving rapid growth in the microparticulated whey protein market. Valued at around US$ 165.0 million in 2023, it is expected to increase at a notable 8.3% annual growth rate to US$ 376.7 million by 2033. Drinks that are ready to drink are important; by 2033, they are expected to account for 34.4% of the market.

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According to Future Market Insights (FMI), the global Microparticulated Whey Protein Market is valued at US$ 165.0 million in 2023. It is estimated to reach US$ 376.7 million by 2033. Sales are likely to grow at a CAGR of 8.3% from 2023 to 2033.

The fact that ready-to-drink beverages account for a sizable share of the worldwide industry is remarkable. By 2033, it is projected to have a 34.4% market share.

Ready-to-drink beverages have become more and more popular in the current era as people lead busier lifestyles because of its portability and convenience. Customers can try out cutting-edge flavourings, such carbonation, and package designs when they buy these beverages.

Within the category of ready-to-drink beverages, both refrigerated and shelf-stable beverages are included. The demand for shelf-stable products is high as they are easy to store and distribute.

Growing demand for sports nutritional supplements is expected to provide favorable opportunities for manufacturers. This is due to microparticulated whey protein’s availability, amino profile, and digestibility.

Increasing demand for healthy and functional food products is also likely to stimulate market demand. Consumers are becoming health conscious and are actively seeking products that offer nutritional benefits. As it contains amino acids and high protein content, it also enhances texture and sensory attributes.

Changing consumer behavior, with a significant percentage seeking low-fat and high-protein food options, is driving the demand for microparticulated whey protein as a replacement for high-fat ingredients.

Increasing adoption of microparticulated whey protein as a texturizing and emulsifying agent in various food formations will drive demand. It provides excellent water-binding capabilities and can contribute to improving texture, velocity, and stability. These properties make it highly valuable for applications such as meat products, sauces, dressings, and desserts.

This trend is also prompting packaged food companies to incorporate functional ingredients to enhance their product labels and maintain their competitive edge.

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Key Takeaways from the Microparticulated Whey Protein Market Report:

  • The global market for microparticulated whey protein is anticipated to reach US$ 376.7 million by 2033.
  • The United States is likely to expand at 0% CAGR between 2023 and 2033.
  • Germany is likely to dominate Europe market for microparticulated whey protein and hold a valuation of US$ 38.2 million by 2033.
  • In terms of application, the ready-to-drink beverages segment accounts for a dominant share of 0% of the total market by 2033.
  • By form, powder segment is expected to hold a significant market share of 6% of the total microparticulated whey protein industry in 2023.

“Rising demand for sports nutrition and healthy food products globally will fuel sales. Therefore, manufacturers need to need to develop products with novel features to stay competitive. Advent of processes like microencapsulation will likely reduce operating costs and increase efficiency for manufacturers.” – says a lead analyst at Future Market Insights (FMI)

Who is Winning?

CPKelco- SIMPLESSE®, Arla Foods Ingredients, Sure Protein WPC550 (NZMP), MILEI GmbH, Carbery, Leprino Foods, Makers Nutrition, LLC, Fonterra, Nutra Solutions and Others are key players in the microparticulated whey protein industry

Key players are developing microparticulated whey protein products with unique properties, enhanced functionalities and improved technologies. They are also investing in research and development to create new formulation and explore novel applications.

Key manufacturers are also implementing quality control measures, conduct regular testing and analysis to obtain necessary certifications.

For instance,

  • In May 2021, Arla Foods Ingredients launched a new range of microparticulate whey protein ingredients. These are designed to use in low-pH beverages, such as energy drinks and fruit juices.
  • In February 2021, Glanbia plc announced a partnership with a German start-up, Ingredient Insights GmbH, to develop new plant-based protein ingredients. It includes microparticulate whey protein, for use in food and beverage products.
  • In November 2020, Hilmar Ingredients announced the launch of its new microparticulate whey protein concentrate. It is designed to provide enhanced texture and stability in a variety of food and beverage products.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global microparticulated whey protein industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

Microparticulated whey protein industry is segmented by application (ready-to-drink beverages, functional beverages, baked goods, confectionery, snacks and cereals, dairy (cheese/processed cheese and yogurt), coffee creamer, nutritional products, sports nutrition, medical nutrition (infant nutrition and frozen desserts), margarine, fat based condiments), by form (powder and liquid) and by region for 2023 to 2033

Microparticulated Whey Protein Market by Category

By Application:

  • Ready-to-drink Beverages
  • Functional Beverages
  • Baked Goods
  • Confectionery
  • Snacks and Cereals
  • Dairy
    • Cheese/Processed Cheese
    • Yogurt
  • Coffee Creamer
  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Frozen Desserts
  • Spreads
  • Margarine
  • Fat Based Condiments

By Form:

  • Powder
  • Liquid

By Region:

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

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About the Food & Beverage Division at Future Market Insights (FMI)

FMI’s Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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PD1 Resistant Head and Neck Cancer Market Eyes Striking US$ 5 Billion Horizon by 2033

The PD1-resistant head and neck cancer market sales is predicted to increase at a compound annual growth rate (CAGR) of 12.5%, reaching a valuation of US$ 1.54 billion in 2023 and US$ 5 billion by 2033. The ageing population and initiatives from governmental and non-governmental groups like Support for People with Oral and PD1 Resistant Head and Neck Cancer (SPOHNC) are likely to drive the market’s growth at a favourable rate.

Immunotherapy is an innovative cancer treatment method that can be used to treat various types of cancers, including head and neck, lymphoma, melanoma, and non-small cell lung cancer. While some tumors respond well to traditional chemotherapy, in other cases, immunotherapy is combined with conventional cancer treatments to boost the body’s natural defenses against cancer. The immune system functions by detecting and eliminating abnormal cells, thereby preventing or hindering the development of various malignancies. Immune cells are sometimes found in and around tumors. The consumption of alcohol and cigarettes accounts for an estimated 75% of head and neck cancers.

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However, standard head and neck cancer treatments frequently involve a combination of radiation and chemotherapy, which can cause several adverse effects such as hair loss, speech difficulties, and the loss of the natural voice. After undergoing cancer surgery, patients may also experience difficulty eating. These factors are likely to restrict market growth.

Key Takeaways

  • North America is expected to dominate the Head and Neck cancer market with a CAGR of 11.1% during the forecast period.
  • APAC is projected to grow with a fastest CAGR of 11.5% during the forecast period.
  • PDL1 Inhibitors is anticipated to lead the market by product type.
  • Advancements in biochemistry and Genomics like Immunotherapy will lead to market expansion.
  • North America is projected to dominate PDL1 segment market by 2033.
  • In APAC, China will dominate the market with market value of USD 250 Million in 2023.

“With rapid advancements in oncology, healthcare practitioners are discovering novel approaches to diagnose and treat the most debilitating cancers, including PD1 resistant HNC. This is paving way for various avenues for developing treatment approaches,” remarks an FMI analyst.

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Competitive Landscape

Key players in the Head and Neck Cancer market are: Advaxis, Inc, Amgen, Inc., AstraZeneca plc, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Cel-Sci Corporation, GlaxoSmithKline plc, Incyte Corporation, Merck KGaA, Novartis AG.

  • In February 2020, Galera Therapeutics, Inc., announced that Avasopasem manganese (GC4419), a novel drug molecule is in their pipeline. Avasopasem manganese (GC4419), the candidate drug molecule is being developed for reducing the severe oral mucositis (SOD) which is normally induced due to radiotherapy. Avasopasem manganese (GC4419) selectively and rapidly convert superoxide into hydrogen peroxide and oxygen, which in turn protect the normal tissues from the ill-effects of superoxide. If the condition is left untreated, the superoxide can attack and damage the non-cancerous tissue, leading to many side-effects, which can limit the efficiency of radiotherapy in the patients.
  • In July 2022, Bristol Myers Squibb received positive Committee for Medicinal Products for Human Use (CHMP) opinion recommending approval for LAG-3-blocking antibody combination Opdualag (nivolumab and relatlimab) for the treatment of patients with unresectable or metastatic melanoma.
  • In October 2021, Merck received the United States Food and Drug Administration (FDA) approval for KEYTRUDA, Merck’s anti-PD-1 therapy, in combination with chemotherapy, with or without bevacizumab, for the treatment of patients with persistent, recurrent, or metastatic cervical cancer whose tumors express PD-L1, as determined by an FDA-approved test.

Key Segments:

PD1 Resistant Head and Neck Cancer Market by Product:

Cytotoxic Agents

  • Antimetabolites
  • Antitubulins
  • Others – Platinum Agents, Fluoropyrimidines

EGFR Inhibitors

  • Erbitux
  • Vectibix
  • Theracim/Theraloc

EGFR Inhibitors

  • Tarceva
  • Tykerb/Tyverb

PD1 Inhibitors

  • Keytruda
  • Opdivo

Pipeline Drugs

  • EGFR Inhibitors
  • PDL1 Inhibitors
  • CTLA4 Inhibitors

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.

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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Glycine Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2032

Glycine Market
Glycine Market

The global glycine market is witnessing substantial growth owing to its wide-ranging applications across various industries. As a non-essential amino acid, glycine finds extensive use in the food and beverage sector as a flavor enhancer, ensuring a steady demand for the product. Additionally, the pharmaceutical industry utilizes glycine in the production of drugs and supplements due to its role in promoting collagen synthesis and supporting healthy brain function.

The demand for glycine industry is expected to reach US$ 1050 Mn by the end of 2032, rising at a CAGR of around 4% to 5% during the forecast period 2022-2032.

Glycine is also known as Gly. Glycine is an amino acid that has a single hydrogen atom, it is the simplest amino acid. It is an uncolored, sweet sugared flavored transparent solid.  Glycine is building a block of protein. Glycine is available naturally in large quantities.

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Glycine is used in the food industry as well as the pharmaceutical industry. It is used in the personal care industry and animal feed industry. It is used as a sweetener or ingredient in food supplements, protein shakes, and energy drinks.

It is used in treating many health issues and disorders like sleep problems, metabolic syndrome, etc. As demand for the food industry and pharmaceutical industries is growing rapidly which will boost the demand for the glycine market in the forecasted period and a large number of players are participating in this industry.

With surging demand and a growing number of manufacturers across the globe, glycine industry is heading towards a more competitive level. To sustain in the glycine industry major manufacturers are introducing new products on a regular basis with competitive price against their competitors.

The Wide Variety of Applications of Glycine in Varied Industries

Glycine plays an important role in the pharmaceutical industry. It is used to support proper functioning of kidney, liver and prevent harmful effects of drugs and alcohol. It is also used in cancer prevention and memory enrichment.

Glycine is used in treating many health issues and disorders like stroke, benign prostatic hyperplasia, sleep problems and metabolic syndrome. It is useful in the prevention of side effects of any drugs after organ transplantation.

The demand for pharmaceuticals industry is growing rapidly which will grow the demand of glycine industry. Glycine is used as taste enhancer and ingredient in food supplements, protein shakes, and energy drinks. An increasing number of health-conscious people require healthy supplemented food as well as proteins shakes on a daily basis.

Glycine is a rich source of proteins. As demand for healthy food supplements and protein shakes is increasing which will increase the demand of glycine as it is the primary ingredient in it. It is used in packed food and ready to eat food.

Many students and employees live away from their houses for education and jobs who consume ready to eat and packed food which makes their life easier and also save the time of cooking. As a rising demand for ready to eat food, packed food, and fast food will increase the demand for glycine in the near future.

Due to the increase in meat consumption, high livestock production which increases the demand for animal feeds in which glycine is an important component. Glycine is used in the personal care industry in the production of cosmetics and antiperspirant.

It is used to reduce the poignancy of other elements.  The use of glycine in the personal care industry is increasing rapidly which will boost the growth of glycine market. The cosmetic industry is one of the top end users of glycine.  Increasing pesticide industry driven by increasing adoption of genetically changed and herbicides tolerant crops are important factors of driving glycine market.

Glycine Market: Regional Analysis

In Asia-Pacific, increasing population and improving financial condition is boosting the use of cosmetics and skin products which will automatically increase the demand for glycine market. India and China are the main shareholder in glycine market in Asia-Pacific.

The increasing demand for the food industry is an important factor for the growth of glycine industry. North America is expected to be leading the glycine market in the forecasted period. The increasing number of health-conscious people and demand for healthy supplemented food and protein shakes will be beneficial for glycine market growth.

The rapidly growing pharmaceuticals industry will increase the demand of glycine industry. In Europe, glycine market growth is forecasted to be moderate.

Glycine Market: Key Participants

  • Ajinomoto
  • GEO Specialty Chemicals
  • Yuki Gosei Kogyo
  • Guangrong Chemical,
  • Showa Denko KK
  • Chattem Chemicals
  • Evonik
  • Paras Intermediates Private Limited
  • Linxi Hongtai
  • Shijiazhuang Donghua Jinlong Chemical
  • Zhenxing Chemical
  • Hebei Donghua Jiheng Chemical
  • Hubei Xingfa Chemicals Group

Glycine Market Segmentation

On the basis of grade, the glycine market has been segmented as:

  • Food Grade
  • Tech Grade
  • Pharma Grade

On the basis of end-use, the glycine market has been segmented as:

  • Food Industry
  • Pesticides Industry
  • Pharmaceuticals Industry
  • Feed Industry
  • Cosmetics Industry
  • Dietary Supplements Industry

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Ursolic Acid Market Growth, Statistics, By Application, Production, Revenue & Forecast To 2032

Ursolic Acid Market
Ursolic Acid Market

The Ursolic Acid market is experiencing steady growth, driven by its diverse applications across various industries. This naturally occurring compound, found in apple peels, rosemary, and other plants, holds immense potential in pharmaceuticals, cosmetics, and food supplements. Its proven anti-inflammatory, antioxidant, and anticancer properties have sparked interest in the healthcare sector.

Ursolic Acid Market is expected to reach US$ 13.2 Million in 2032, to surge at CAGR of 5.4% during forecast period of 2022-2032.

Ursolic acid is a phytochemical (biologically active compound) which is present in variety of plants. Ursolic acid is a chemical known as pentacyclic triterpenes. Ursolic acid is chemically nontoxic and has unique properties like anti-inflammatory, anti-fungal, and anti-bacterial. Ursolic acid helps in relieving pain and prevent dental carries.

Researchers have stated that ursolic acid can boost muscle growth and also increases activity of bone formation. Ursolic acid has chemo preventative properties as well, it suppresses the formation of tumor, has property of tumor growth inhibition, inhibit apoptosis of cell, inhibits the development of new blood vessels, inhibits activation of pathways by stopping signaling, suppresses growth factor expression and induces tumor cell differentiation.

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Market Regional Outlook:

Regional segment for the market of ursolic acid is divided into five different regions: Latin America, North America, Europe, Middle East and Africa and Asia Pacific. In regional market North America has the biggest market for ursolic acid followed by Asia Pacific. China, Japan and India are growing at a constant pace in terms of production and demand.

Market Drivers:

Ursolic acid industryis primarily driven by its versatile properties. Increasing awareness regarding the benefits of ursolic acid among the consumers is going to make the market drive more in the coming future. Properties like muscle growth and bone formation has gained interest from the fitness community to a great extant. However, the benefits are not just limited to chemo preventative properties, ursolic acid also shows decreased radio resistance in patients those who are undergoing through cancer treatment. So the demand for ursolic acid is expected to grow enormously in the coming future.

Market Key Players:

Some of the key player in ursolic acid industry are Sabinsa, Sami Labs, Changsha Staherb Natural Ingredients, Changsha Luyuan Bio-Tech, Run Shaanxi Days of Bio-tech, Shaanxi Hopeland Chem-Tech, Shaanxi Huike Botanical Development, , Xuancheng Baicao Pharmaceutical, Acetar Bio-Tech, Changsha E.K HERB, Shaanxi Jintai Biological Engineering, Hunan NutraMax, Xi’an TonKing, Zhangjiajie Hengxing Biological Technology, MicroHerb, Geneham Pharmaceutical.

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Protein Snacks Market Insight Growth Analysis On Volume, Revenue, Share And Size Forecast To 2032

Protein Snacks Market

The worldwide protein snacks market is supposed to follow an expected CAGR of 9.3% in the worldwide market, during the gauge time frame. The absolute income of the worldwide protein snacks piece of the pie is esteemed at US$ 4.1 Billion in 2022 and is supposed to cross US$ 10 Billion by 2032.

Value-added snacks that are fortified with protein and claim to offer added protein which is sourced either from animal-based sources such as meat, fish, and poultry or through plant-based sources such as lentils and protein-enriched seeds are classified as protein snacks.

The market demand for such fortified or functional snacking options is trending among consumers globally, especially among urban dwellers owing to their busy lifestyle which does not offer scope for adequate nutritional intake through conventional food habits. As food fortification is considered as a strategic measure to counter the issue of malnutrition prevailing in underdeveloped geographies by the World Health Organization (WHO) resulting in demand for fortified food products along with the protein snacks market.

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The protein Snacks market is segmented on the basis of nature, product type, distribution channel, and region. On the basis of nature, it is segmented as organic and conventional. The demand for food & beverage products made with organic ingredients is trending especially in the North America and Europe.

This is attributed to a higher penetration of protein snacks with organic origin especially the urban consumers belonging to the developed geographies and can afford premium protein snack products.

On the basis of product type, the protein snacks market is segmented as protein bars & jerky, chips & pretzels, protein flakes & granola, protein drinks & yogurt, protein cookies, and others. Protein-based diet is considered healthy for morning breakfast occasions.

This compelled manufacturers to offer more protein snack products within the breakfast & beverage range. Owing to this the market availability and share in the market for bars & Jerky, protein flakes & granola products is anticipated to remain high.

On the basis of the distribution channel, the Protein Snacks market is segmented into modern trade, retail stores, specialty store, wholesalers & distributors and online retailers. The market of modern trade retailers dominates the protein snacks sale globally followed by retail stores.

However, the market is witnessing development for online retailers in the fortified food sector owing to the fact that many functional food manufacturers are adopting the trend to offer their products on the e-retail platform. Thus the online retailers are likely to grow in terms of market sales of protein snacks and other functional food & beverages in the near future.

On the basis of the region, the protein snacks market is segmented into Asia Pacific, North America, Latin America, Europe, Middle East and Africa and Japan. Among there North America, Europe, and Japan offer well established and growing market for premium protein snacks products. However, demand for protein snacks product range is also growing in Asia Pacific and Latin America region.

Protein Snacks market Global Market Trends and Market Drivers 

The rising health-issues and long-existence of malnutrition issues in underdeveloped countries compelled the consumer to become health conscious and take actions to counter these problems on the individual level. This resulted in the rising health-awareness among consumers and leading a complete change in the snacking habits of people worldwide.

Moreover, the protein-based food & beverages market encountered a rise in demand owing to the growing consumer awareness of the benefits of plant-based protein snacks. All these factors are driving the demand for protein-based food product including the protein snacks. Furthermore, the increasing demand for naturally sourced and organically produced food products offers strong growth opportunities for players active in the field of protein snacks market to offer multiple ranges of organic protein snacks.

On the flip side, the high cost incurred in snack fortification and retail-based dependency of global snacks market coupled with high-level cost-competition among manufacturers is restraining the full-fledged growth of the protein snack market.

Protein Snacks Market Key Players 

Variety of Protein Snacks products with multiple formulations have been introduced by the manufacturers and some of the global market players manufacturing Protein Snacks in the market include; Vitaco health Australia, Powerful Men LLC, Quest Nutrition LLC, General Mills (Natures Valley), Clif Bar & Company, Kellogg Co., Buff Bake are among others.

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About Future Market Insights (FMI)

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

 Contact Us:

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Future Market Insights Inc.
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Post-Harvest Treatment Market Detailed Account Of Growth Drivers, Trends, Opportunities, And Challenges Impacting By 2032

Post-Harvest Treatment Market
Post-Harvest Treatment Market

The Post-Harvest Treatment Market is a critical segment of the agriculture industry that addresses the preservation and enhancement of harvested crops. With a growing global population and increasing demand for fresh produce year-round, post-harvest treatments play a vital role in minimizing losses due to spoilage, pests, and diseases. This market encompasses a wide range of technologies, including cold storage, controlled atmosphere, ethylene inhibitors, and bio-based solutions.

According to the latest report by Future Market Insights (FMI), the global post-harvest treatment industry is expected to grow at a CAGR of 4.7% during the assessment period (2022-2032), surpassing US$ 2.2 Bn by 2032.

Increasing trade of fresh vegetables and fruits as compared to the other commodities is the primary factor underpinning the growth in the post-harvest treatment industry. This growing trade of exotic vegetables and fruits is increasing the usage of post-harvest treatment to keep the inventory of exotic vegetables and fruits fresh for longer periods of time.

Further, with the increasing popularity of continental dishes, the consumption of exotic vegetables and fruits in the hospitality industry is surging. Moreover, exotic fruit-based flavors are gaining popularity in countries such as India and China. Hence, the flavor ingredient manufacturers are investing extensively in food products such as ViDA Juice dragon fruit with tonic and flavored frozen pops and Ruby Rockets with grape and acai.

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Key Takeaways from Market Study

  • The post-harvest treatment industry is expected to expand at a CAGR’s of 8.7% and 7.9% in Latin America and Middle East & Africa, respectively through 2032.
  • East Asia and South Asia are expected to hold market share of 18.5% and 13.7% respectively in 2022.
  • Based on category, the fruits segment is expected to dominate the market holding around 67.4% share in 2022
  • Among the product type, coatings will account for around 43.6% share in 2022 and it is expected to grow at a CAGR of 2.9% over the forecast period.
  • Regionally, North America is dominating the post-harvest treatment market with a demand share of around 23.9% share in 2022.

“Increasing adoption of innovative technologies such as chemical-free fumigation techniques for post-harvest treatment of vegetables and fruits is offering significant growth opportunities for the post-harvest treatment market players”, says a Future Market Insights analyst.

 Competitive Landscape

Key players operating in the post-harvest treatment industry are focusing on developing new products in order to improve their existing product portfolio. For Instance –

  • In September 2021, Pace International LLC (US) announced PrimaFresh 60 OR, which was created specifically to improve dehydration control in stone fruit and increase its fresh attractiveness.
  • In March 2021, Citrosol (Spain) released Citrocide Fresh Cut, which helps to prevent the decay of peppers, tomatoes, and avocados.

Post-harvest Treatment Market by Category

By Category:

  • Fruits
  • Vegetables

By Product Type:

  • Coatings
  • Cleaners
  • Sanitizers
  • Fungicides
  • Sprout Inhibitors
  • Ethylene Blockers

By Region:

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

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About Future Market Insights (FMI)

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

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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