Internet of Robotics Things Market Skyrockets: US$210 Billion Growth Predicted by 2032, Driven by 25.6% CAGR

The internet of robotic things (IoRT)  market revenue was estimated at US$ 21.4 billion in 2022 and is anticipated to grow at a CAGR of 25.6 % from 2022 to 2032. By the end of 2032, the IoRT market is expected to reach a valuation of US$ 210 billion. The service sector segment will dominate the market at a projected CAGR of 25.4 % from 2022 to 2032.

The rise in the adoption of the IoRT in industrial automation around the world is projected to expand the market.

The market for the Internet of Robotic Things (IoRT) is expected to grow rapidly for a variety of causes. It includes technological developments, rising demand for automation across a number of industries, and the expanding popularity of connected devices.

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The capabilities of robots have been greatly enhanced by the development of sophisticated sensors, artificial intelligence (AI), machine learning, and computer vision technologies. These developments have resulted in efficiency, accuracy, and environment adaptability of IoRT solutions.

These solutions are becoming more popular as automation requirements rise in sectors like manufacturing, logistics, and healthcare. Robots are being used more frequently to complete tasks like material handling, inspection, and assembly, increasing productivity and lowering costs.

The emergence of connected devices, including robots, has resulted from the rise of the Internet of Things (IoT). This has increased productivity and enhanced automation across various industries.

The demand for IoRT solutions is being fueled by recent innovations and developments in autonomous vehicles, such as drones and self-driving cars. These vehicles need sophisticated sensors, Artificial Intelligence (AI), and machine learning (ML) algorithms to navigate and carry out advanced tasks. The demand for IoRT solutions have been rising in demand as a result of these developments.

Key Takeaways from the Internet of Robotic Things Market

  • The global internet of robotic things market exhibited a high CAGR of around 25.6% during the historical period.
  • North America internet of robotic things market is projected to be worth US$ 41.4 billion in 2032.
  • The USA internet of things market is set to create an absolute dollar growth of US$ 67.81 billion through 2032.
  • Based on top platform, the device management platform segment is anticipated to accelerate at a CAGR of 25.5% from 2022 to 2032.
  • Based on application, the service sector segment witnessed prominent growth at a CAGR of 25.4% from 2017 to 2021.

Leading key players:

  • ABB Ltd.,
  • Kuka AG.,
  • Irobot Corporation,
  • Fanuc Corporation,
  • Amazon.com Inc.,
  • Google Inc,
  • Cisco Systems Inc,
  • Intel Corporation,
  • Honda MotorsCo., Ltd.,
  • Yaskawa Electric Corporation,
  • Northrop Grumman Corporation,
  • Aethon Inc,
  • Robert Bosch GmbH,
  • Samsung Electronics Co., Ltd.

For instance,

In January 2022 – The high-speed, 4-axis, compact IRB 460 robot with artificial was developed by ABB for industrial use. It is made specifically for applications involving palletizing, depalletizing, and material handling and has smart wireless sensors.

In February 2019 – FedEx announced the deployment of a robotic delivery system that can help retailers distribute same-day orders to their customers. It is also equipped with pedestrian-safe technology that makes use of LIDAR and multiple cameras to detect its surroundings.

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Internet of Robotic Things Market Segmentation:

By Component:

  • Sensors
  • Actuators
  • Power Sources
  • Control Systems

By Software:

  • Real-time Streaming Analytics
  • Security Solutions
  • Data Management
  • Remote Monitoring Systems
  • Network Bandwidth Management

By Platform:

  • Device Management Platform
  • Application Management Platform
  • Network Management Platform

By Service:

  • Professional Services
  • Managed Services

By Application:

  • Collaborative Industrial Robots
  • Service Robots

By Region:

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

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

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Global Oral Solid Dosage Pharmaceutical Formulation Industry Set to Surge with a Robust 6.4% CAGR by 2032, according to FMI

The global oral solid dosage pharmaceutical formulation industry is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 6.4% from 2022 to 2032. According to the latest industry assessments, the estimated market value is expected to reach US$ 1.0 billion by 2032, compared to US$ 555.3 million in 2022.

A recent survey highlighted that the tablets market sector, a vital component of the oral solid dosage pharmaceutical formulation industry, held a dominant market share of over 53.1% in 2021. This statistic underlines the significant role that oral solid dosages play in the pharmaceutical landscape.

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Furthermore, insights from a Future Market Insights report revealed that approximately 1.4% of the total US$ 40.0 billion worldwide pharmaceutical drug delivery market in 2021 was attributed to oral solid dose pharmaceutical formulations. The report suggests a robust growth trajectory for solid dose pharmaceutical formulations sales, projecting an 8.1% increase from 2012 to 2021. This growth can be attributed to the rising adoption of these formulations and improved patient compliance.

Oral solid dosages have emerged as a cornerstone in the treatment of various chronic diseases, contributing to their widespread popularity. Their cost-effectiveness, coupled with easy availability in both retail and hospital pharmacies globally, has fueled their high sales. These dosage forms are easily manufactured and boast an affordable price point, particularly in underdeveloped nations, creating lucrative growth prospects for key players in the industry.

Key Takeaways:

  • Since several research institutions and organizations are engaged in the drug discovery process, there is a massive amount of oral solid drugs in the process of approval with improved efficacy. Once these products are approved, the manufacturers are expected to be benefitted from generating profitable sales. Therefore, a positive impact due to the surging number of drug pipelines can be witnessed in the oral solid dosage pharmaceutical formulation market during the forecast period.
  • There is an overall surge witnessed in the demand for oral solid dosage drugs and vaccines for the treatment of various diseases and infections has also increased worldwide. Hence, prominent players in the market are working on developing drug manufacturing capacities of their own in low and medium-economy regions to capitalize on low production costs and availability of cost-effective raw materials.
  • Various firms practice the primary process of oral solid dosage pharmaceutical formulation. This is because the solid form of the drug is known to be the easiest and simplest way of administering a drug in order to have just the appropriate dose for various acute and chronic infections.
  • Such dosage forms offer advantages including chemical durability, stable transport, and safe packaging with low production costs. On the basis of region, Asia Pacific is expected to dominate the growth in the oral solid dosage pharmaceutical formulation market.
  • Tablets and capsules are utilized in pharmaceuticals to efficiently treat several disease conditions. In comparison to other pharmacological forms, these are cost-efficient and easy to manufacture. They offer several advantages such as easy transport and packaging and superior chemical and physical stability. Dominant market players are partnering with small and medium-sized manufacturers to produce low-cost and top-notch generic drugs maintained at a low cost of production in developing nations.

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Competitive Landscape:

In the oral solid dosage pharmaceutical formulation market, dominant market players are adopting strategies such as mergers & acquisitions, and advanced product launches by gaining approvals. They are also collaborating with hospital and retail pharmacies to gain a competitive edge in the market.

Key Companies are AstraZeneca Plc., Bristol-Myers Squibb Company, Eli Lilly and Company, Gilead Sciences, Merck & Co. Inc, Novartis AG, Pfizer Inc., AbbVie Inc., Boehringer Ingelheim GmbH, F. Hoffman-La-Roche Ltd., Johnson & Johnson, Biogen Inc., Bayer AG, Teva Pharmaceuticals, Amgen Inc., Takeda Pharmaceutical Company Ltd., Otsuka Pharmaceutical Co., Ltd., Shire Plc., Celgene Corporation, Astellas Pharma Inc.

More Insights into the Oral Solid Dosage Pharmaceutical Formulation Market:

The U.S. is expected to dominate the North American oral solid dosage pharmaceutical formulation market by accounting for a total market share of about 93.6% in 2021. Demand in the market is anticipated to grow due to the rising number of oral solid drug approvals in the country.

China is the second largest market in the East Asian region, as it accounted for around 51.4% of the total oral solid dosage pharmaceutical formulation market in 2021. Due to efficient drug production, key companies in China are offering medicines at cost-effective prices.

Germany is yet another market leading the European region as it is expected to grow at a CAGR of 6.7% during the forecast period. The growth of the oral solid dosage pharmaceutical formulation market is rising due to the prevalence of chronic diseases and heart diseases in Germany is aiding the demand for oral solid dosage forms.

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Key Market Segments:

By Dosage Form:

  • Tablets
    • Conventional/Immediate Release
    • Modified Release
    • Chewable Tablets
    • Effervescent Tablets
  • Capsules
    • Hard Gelatin Capsules
    • Soft Gelatin Capsules
    • Others
  • Powders & Granules
  • Lozenges & Pastilles
  • Gummies

By Drug Release Mechanism:

  • Immediate Release
  • Delayed Release
  • Controlled Release

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies
  • Hypermarkets/Supermarkets

By Region:

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

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

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Global Medical Bionic Implant and Exoskeleton Market Projected to Reach US$ 1,361.90 Million by 2033 | FMI

The global medical bionic implant and exoskeleton market is poised for substantial growth, with estimates indicating a valuation of US$ 742.0 million by 2023, reflecting a significant increase from the recorded US$ 690.2 million in 2022. The market is projected to witness a robust 6.3% Compound Annual Growth Rate (CAGR) from 2023 to 2033, reaching an impressive US$ 1,361.90 million by the end of the forecast period.

The medical bionic implant and exoskeleton market play a vital role in enhancing the lives of individuals who have lost bodily parts due to serious illnesses, injuries, or inherited deformities. Bionic accessories offer a transformative solution, providing hope and improved mobility for those facing physical challenges.

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One notable application is in the realm of spinal cord injuries (SCI), where wearable therapeutic automated exoskeletons serve as game-changing tools. These exoskeletons facilitate powered hip and knee movement, enabling individuals to stand up straight, turn, walk, and navigate stairs with increased ease. This technology brings about a paradigm shift in rehabilitation and mobility support for individuals with SCI.

As of 2021, the bionic forelimbs/hand bionics segment dominated the market, capturing approximately 58.7% of the total market share for medical bionic implants and exoskeletons. This segment’s dominance underscores the significance of hand bionics in meeting the evolving needs of users and addressing a wide range of applications.

“The growth projections for the medical bionic implant and exoskeleton market highlight the increasing acceptance and demand for advanced technologies that enhance the quality of life for individuals facing physical challenges,” said Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.). “The innovation and development in bionic accessories, particularly in the bionic forelimbs/hand bionics segment, showcase the industry’s commitment to addressing diverse needs and improving overall patient outcomes.”

The anticipated market expansion not only signifies the technological advancements in the field of medical bionics but also emphasizes the growing awareness and adoption of these solutions across various healthcare settings globally.

Key Takeaways:

  • Manufacturers of bionic devices comprise several opportunities as the geriatric population surges. Diseases associated with aging, including osteoarthritis, arthritis, and diabetes, are a primary cause of amputations. A significant hike in road accidents all over the world has fueled the growth of the global medical bionic implants and exoskeletons market.
  • Manufacturers are introducing advanced 3D printing technology and microprocessor systems combined with user-friendly biomaterial. Key manufacturers in the market are focusing on technological innovations in robotics and exoskeletons to leverage untapped market opportunities. They are also expanding the value chain to forward integrate the market in developing economies.
  • Medical staff must be properly trained and guided in order to make their patients feel safe and comfortable which will aid in increasing the adoption rate of these products. In addition to that, surging patient awareness about these products and their attractive advantages is anticipated to bolster the growth of the medical bionic implants and exoskeletons market across developing regions.
  • It has been estimated that there is a total of 1.9 million amputees present in the U.S., and around 200 amputee-clinic teams are in operation throughout the country to provide extreme benefits to patients. The bionics expansion rate is also getting more grip in countries like India, China, Japan, and some European countries.
  • Attributing the rising incidents of spinal cord injuries are spurring as a major factor propelling the growth of the medical bionic implants and exoskeletons market. According to the World Health Organization (WHO), around 250000 to 500000 people suffer from spinal cord injury due to road crashes, diseases, falls, and violence.

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Competitive Landscape:

The global medical bionic implants and exoskeletons market is fragmented due to the presence of several competitors in the global landscape. In order to meet consumer demands and expand their customer base, these companies are implementing effective strategies such as mergers and acquisitions, partnerships and collaborations, and new product launches.

More Insights into the Medical Bionic Implants and Exoskeletons Market:

According to the estimations done by Future Market Insights, the U.S. is anticipated to account for the largest market share of around 37.3% in 2022 and is anticipated to exhibit a lucrative CAGR of 8.1% throughout the forecast period.

China accounted for a market share of about 4.0% in the global medical bionic implants and exoskeletons market and it is anticipated to grow at a strong pace during the forecast period.

Key Companies Profiled:

  • Otto Bock Inc.
  • DJO Global Inc.
  • Ossur Corporate
  • Ekso Bionics
  • Rex Bionics Ltd.
  • Alter G
  • ReWalk Robotics
  • Invacare
  • Hill-Rom Services
  • Medtronic PLC.
  • Mobius Bionics.
  • Boston Scientific Corporation

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Key Market Segments Covered in Medical Bionic Implants and Exoskeletons Industry Research:

By Product:

  • Bionic Forelimbs/Hand Bionics
    • Wrist Bionics
    • Bionic Elbow Braces
    • Bionic Limbs
    • Bionic Fingers
  • Bionic Legs/Lower Limbs
    • Bionic Knee Braces
    • Ankle Bionics
    • Bionic Foot Below Knee
  • Exoskeletons & Suits

By Mode:

  • Prosthetic Bionics
  • External Bionics

By Region:

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

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About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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A Comprehensive Guide to the Tinplate Packaging Market Worth US$ 1,143.2 million

Tinplate packaging refers to the use of tin-coated steel sheets or tinplate for manufacturing various types of packaging containers. This type of packaging material is known for its durability, corrosion resistance, and ability to protect the contents from external factors such as light, air, and moisture. Tinplate is widely utilized in the packaging industry for items ranging from food and beverages to industrial products. The versatility of tinplate allows for the creation of diverse packaging solutions, including cans, containers, and closures.

As an enduring contender in the packaging landscape, the Tinplate Packaging Market boasts a history that spans decades, evolving in tandem with technological advancements and consumer preferences. Its timeless appeal lies not only in its protective qualities but also in its aesthetic allure. The gleam of tinplate lends a touch of sophistication to products, making it a preferred choice for a diverse range of goods.

The global Tinplate Packaging Market is poised to be worth around US$ 743.1 million in 2024. The market is projected to expand at a 4.40% CAGR between 2024 and 2034, reaching a value of US$ 1,143.2 million by that year.

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The demand for tinplate packaging is closely linked to the rising consumption of packaged tinned foods and beverages, aligning with the simultaneous growth in the need for aerosol packaging solutions. This dual demand is propelling the prominence and expansion of the tinplate packaging market on a global scale.

Industry Dynamics

Aerosol cans play a vital role in driving the tinplate packaging market, as they find widespread acceptance in a variety of industries, including cosmetics, industrial, automotive, and health and household care sectors. Furthermore, the continuous evolution of new packaging technologies for aerosol products is a dynamic force that is constantly reshaping the landscape of the tinplate packaging market, ensuring its continued growth and adaptability to changing market dynamics.

A primary driver of the tinplate packaging market is its inherent recyclability and reusability, which aligns with the growing global emphasis on eco-friendly packaging solutions. The surge in food and beverage consumption is leading to an increased demand for packaging, and tinplate packaging is emerging as a favored choice to meet this demand, contributing positively to the market’s growth. Innovation is a key catalyst in the creation of modern tinplate cans, as advanced technology and manufacturing processes are leveraged to enhance the quality and efficiency of tinplate packaging.

Drivers

  1. Recyclability and Sustainability: Tinplate packaging is highly recyclable, making it an eco-friendly choice that aligns with the growing global focus on sustainability and reduced environmental impact.
  2. Innovative Packaging Solutions: Innovations in tinplate packaging, such as easy-open lids, resealable options, and creative designs, cater to consumer preferences and foster market growth.
  3. Food and Beverage Industry: The increasing consumption of packaged food and beverages, along with the need for effective preservation and protection of products, drives the demand for tinplate packaging.
  4. Technology Advancements: The use of modern technology and manufacturing processes enhances the quality and efficiency of tinplate packaging, making it a preferred choice for many companies.
  5. Aerosol Packaging: Tinplate is commonly used in the production of aerosol cans, which are widely accepted in various industries, including cosmetics, industrial, automotive, and health and household care sectors, driving market growth.

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Key Players

  • Amcor Limited
  • Ardagh Group S.A.
  • Alcoa Corporation
  • CPMC Holdings Limited
  • Rexam plc, Greif
  • Toyo Seikan Group Holdings, Ltd.
  • Tata Tinplate
  • AJ Packaging Limited
  • Ball Corporation
  • Thyssenkrupp AG
  • Zenith Tins Pvt. Ltd.
  • Ardagh Group S.A., Guangnan (Holdings) Limited
  • JFE Steel Corporation
  • Colep United Kingdom Ltd
  • ArcelorMittal;

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Market Segmentation

  • Beverage Cans
  • Food Cans
  • Aerosol Cans
  • Artistic Cans

Tinplate Packaging Market Segmentation on the basis of Type:

  • Prime Grade Tinplate
  • Secondary Grade Tinplate
  • Others

Tinplate Packaging Market Segmentation on the basis of Application

  • Food & Beverages
  • Electrical & Electronics
  • Engineering
  • Construction
  • Others

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
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Kosher Foods Market Surges: A Global Perspective on Growth Driven by Health Trends and Lactose-Free Options

The  kosher foods market is expected to grow at a 6.3% CAGR to reach $78.55 billion by 2033. Increased demand from non-Jewish consumers looking for lactose-free and specialty diet options is driving this rise, leading food manufacturers to add kosher ingredients to a range of goods.

The kosher food market is expected to grow from an estimated US$ 42.64 billion in 2023 to US$ 78.55 billion by 2033. The forecast timeframe indicates that kosher food sales would rise at a noteworthy compound annual growth rate (CAGR) of 6.3%.

The rising incidence of lactose intolerance in the general population is one of the main factors driving the market’s expansion. For individuals who are intolerant to dairy, gluten, or other ingredients, a kosher diet may be quite advantageous.

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The growing demand for kosher food goods from non-Jewish consumers is the main reason for the sector’s expansion. A growing number of food producers are using kosher ingredients in their baked goods, confections, and savoury snacks.

To give their clientele a special and genuine experience, quick service restaurants (QSRs), motels, and cafes are also experimenting with premium kosher-certified products.

The market is expected to develop as a result of a number of other reasons, such as increasing health consciousness among the general population and rising demand for vegan food items.

Key Takeaways from the Kosher Foods

  • Asia Pacific will emerge as the most lucrative region and would be contributing a share of USD 7.4Bn by 2027 due to the rising demand for various types of kosher food and food products manufactured in accordance with kashrut legislation.
  • The pareve market is predominantly driven by concentrations of Jews in particular regions of the world along with growing demand for vegan food. All these factors would lead to a revenue share of USD 35.3Bn by 2033.
  • The kosher community is growing favorably in Germany, with a growth rate of over 4.0%. Due to the historical presence of the Jewish population and the emerging gastronomic preferences
  • U.S. kosher food market would generate around USD 9.6 Bn in 2020 due to a rise in per-capita income and the high penetration rate of the internet across the region.
  • China Witnessed the highest growth rate of 9.7% among all regions due to rising demand for various types of kosher food and food products manufactured in accordance with kashrut legislation.
  • Online would concurrently experience the fastest CAGR of 6.1% over the course of the predicted period. This is due to a growth in Internet usage around the world.

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Competitive Landscape

The kosher food business is fragmented due to the existence of numerous little players on a global scale. To meet consumer demand, businesses are expanding their product lines and product mix. To entice more customers, Nestle SA has introduced a variety of flavors for its breakfast cereals, including chocolate and honey. For food service operators, Cargill has introduced Diamond Crystal Fine Kosher Salt to enhance the flavor of fried dishes and seasonings. Year after year, elite players have been profitably utilising the popularity of kosher food. They are promoting the significance of religious perspectives on food packaging as a crucial trend. Companies in the food industry who want to keep on top of developments are concentrating on nanotechnology.

For instance, the acquisition of Global Trust Certification Limited, a seafood certification business with its headquarters in Ireland, was announced by NSF Certification Ireland Limited in January 2021, an NSF subsidiary. Global Trust offers certification, auditing, and inspection services to clients all around the world.

Key Segments Covered in the Kosher Foods Industry Report

By Product:

  • Kosher Pareve
  • Kosher Meat
  • Kosher Dairy

By Distribution Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Sales
  • Others

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Frequently Asked Questions

  • What is the Estimated Kosher Foods Industry Value in 2023?
  • What is the Growth Outlook of Global Kosher Foods Industry?
  • What is the Projected Value of Kosher Foods Market by 2033?
  • Which Region Dominates the Global Kosher Foods Market?

About Future Market Insights (FMI)

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

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Vegan Desserts A Billion-Dollar Market Fueled by Health Awareness and Eco-Conscious Consumers

Vegan Desserts Market
Vegan Desserts Market

The  Vegan Desserts Market has had remarkable growth as a result of growing consumer knowledge of environmental issues and health benefits, which has increased demand for dessert options free of cruelty. With growth expected to reach $6.7 billion by 2033, major worldwide contributors like the US, UK, Germany, and Japan, as well as growing veganism and continued market research, are the main drivers of this expansion.

The market for vegan desserts has grown significantly in recent years, primarily due to consumer awareness of the benefits for the environment and their personal health. The demand for delicious dessert options free of cruelty has surged as more and more individuals transition to plant-based diets. Better ingredient substitutes and innovative goods have propelled the market’s expansion, presenting a promising future.

The market for vegan desserts is expected to increase from $3205.07 million in 2023 to $6698.1 million in 2033. Demand for vegan desserts is rising as a result of ongoing market research and the expanding appeal of veganism. As a result, the market for vegan desserts is projected to grow at a compound annual growth rate (CAGR) of 8.5%, with the US, UK, Germany, and Japan emerging as the top producers.

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Both the acceptance of veganism and the variety of products that are suitable for vegans have exploded in recent years. Thanks to the efforts of creative chefs, the market is saturated with plant-based sweet dinners that are visually and gastronomically comparable to their more traditional counterparts.

More and more chefs from around the world are experimenting with vegan desserts and developing innovative new dishes. For instance, Chef Fran Costigan, who is well-known as a pioneer in the vegan desserts business, provides consultations, cooking schools, and classes in addition to vegan dessert recipes and publications.

The number of people using these services has increased, which has been good for business. Restaurants and cafés are adding vegan desserts to their menus to accommodate the growing number of customers who have food allergies or intolerances, such as egg, dairy, or cholesterol. And the widespread accessibility of plant-based milks and fats has only served to increase the availability and sales of vegan desserts.

In addition, businesses have been prompted to include healthier components in their products due to a growing concern for customer health. Examples include the widespread avoidance of items containing white sugar as people become more informed about the health risks associated with this refined sweetener. As a result, manufacturers have begun to substitute sugar alternatives like sweet potato.

Innovative vegan food packaging is expected to see rising adoption, which is expected to boost the development of the industry.

Sustainable food packaging materials for meat-free items are in high demand because vegan dietary groups are generally concerned with environmental issues. More and more shoppers are placing a premium on accurate product labelling; as a result, vegan food producers like Oatly now include carbon labelling information on their tins and jars. As an added bonus, the American Firm No Evil Foods Sacred Serve is spending money to create cutting-edge sustainable packaging for its goods.

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Key Takeaways

  • Given the robust increase in demand for bakery items and the expanding vegan trend, it’s likely that European customers are likely to make up the greatest share of the target audience for vegan desserts. Due to the high volume of tourists passing through Germany, Italy, and France, there is a growing vegan desserts industry
  • Due to rising demand from customers with dietary restrictions (such as egg allergies, lactose intolerance, or excessive cholesterol), vegan desserts are increasingly appearing on the menus of restaurants and cafes.
  • Companies like Nestle are responding to the rising demand for vegan products by introducing non-dairy lines, such as Haggen-Dazs ice cream, to markets like the United States.
  • Increased demand from consumers has led to healthy expansion for vegan milk.

Massive production and the introduction of vegan bakery chains have coincided with a rise in demand.

Because of the dramatic development in veganism’s adherent base and the increasing demand for vegan bakery goods, manufacturers have begun producing vegan baked goods on a massive scale.

Greggs, a major British bakery brand, recently reported a shortage of its new vegan sausage roll offering, indicating a rise in demand for such goods.

Vegan baked goods have seen a dramatic surge in popularity, leading to the opening of vegan bakeries all over the world. When online retailers saw the huge demand for vegan baking supplies during Great British Bake-Off Week, they revealed plans to open a dedicated vegan online baking store in 2018.

New vegan product lines are being introduced by many existing bakeries in response to the rising demand for vegan desserts. Large-scale investments in vegan baking establishments are predicted to increase demand for vegan desserts.

Businesses have been diversifying their offerings to attract a wider range of customers. So, Unilever introduced its Magnum brand of plant-based ice cream to the Swedish and Finnish markets in August of 2018. Currently, the brand is known as Magnum Dairy Free. Another Unilever-owned brand, Cornetto, also offers a dairy-free ice cream option.

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Some of the most well-known names in vegan desserts industry are:

  • Unilever
  • Danone, S.A.
  • Cado
  • Ben & Jerry’s Homemade, Inc.
  • BOSH!
  • Grupo Bimbo
  • OGGS
  • Daiya Foods Inc.
  • Alternative Foods

Key Segments

By Product:

  • Biscuits/Cookies
  • Cakes & Pastries
  • Custard & Puddings
  • Frozen Desserts (Ice-creams, Yogurts, etc.)
  • Others

By Flavor:

  • Unflavored
  • Vanilla
  • Chocolate
  • Others (banana, strawberry, etc.)

By Form:

  • Liquid
  • Solid

By Distribution Channel:

  • E-commerce
  • Offline
    • Vitamins & Supplements Stores
    • Retail and Departmental Stores
    • Supermarkets
    • Vegan Fairs
    • Others

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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Mineral Fortification Market Analysis by Regions, Types, Applications and Key Companies Contribution

According to Future Market Insights (FMI), the global mineral fortification market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 137.2 Bn by 2032.

The technique of adding minerals to regularly consumed foods to boost their nutritional value is known as mineral fortification. It’s a tried-and-true, safe, and cost-effective strategy for improving diets and avoiding and treating micronutrient deficiencies.

The global mineral fortification sector has seen significant growth in recent years as a result of the growing consumption of mineral-enriched meals. Rising health concerns and an increase in illness rates are the key drivers of the mineral fortification market throughout the forecast period. According to FMI, between 2017 and 2021, the market grew at a CAGR of 6.7%.

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In response to the rising prevalence of nutritional deficiencies, particularly in developing countries, food fortification programs have evolved as public health initiatives. In statistical investigations, iodine fortification has been demonstrated to reduce the incidence of goiter by approximately 90%.

Mineral fortification is a cost-effective technique for improving population nutrition, and it has significant economic benefits. Micronutrients are repeatedly scored as the most cost-effective development intervention, with huge returns for a modest cost, according to reviews such as the Copenhagen Consensus.

Key Takeaways from the Market Study

  • Based on mineral type, the calcium mineral fortification is anticipated to account for around 28.9% of the market share over the forecast period.
  • North America mineral fortification market is expected to witness a lucrative growth rate of 6.8% CAGR during the forecast period.
  • East Asia is projected to account for 19.3% of the global mineral fortification consumption through 2032.
  • Based on end-use, the food segment is anticipated to account for around 39.8% of the market share over the forecast period.

 “Key manufacturers are adopting strategies such as product branding and positioning to gain revenue. They are capitalizing on growing preference for healthy and staple food products. This is expected to create remunerative growth opportunities for the mineral fortification market.” says a Future Market Insights analyst.

Competitive Landscape

Some of the leading players operating in the global mineral fortification market include, Koninklijke DSM NV, The Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Merck & Co. Inc., DuPont de Nemours Inc., DSM Nutritional Products, ABBOTT LABORATORIES, General Mills, Albion Minerals., The Proctor and Gamble Company, Specialty Minerals Inc., Heinz, Kellogg’s., Pestell Nutrition Inc, Wright Group, And Fortitech Inc., among others.

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Mineral Fortification Market by Category

By Mineral Type:

  • Calcium
  • Iron
  • Zinc
  • Iodine
  • Other Minerals

By End-use Application:

  • Food
  • Beverage
  • Dietary Supplement
  • Animal Feed

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The 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:

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Ribbon Blenders Market Set for Huge Expansion during 2022-2032

The Ribbon Blenders market has witnessed remarkable growth in recent years, driven by the rising demand for efficient and versatile mixing solutions in various industries. These blenders are widely used in food processing, pharmaceuticals, chemicals, and cosmetics sectors due to their ability to blend powders, granules, and liquids homogeneously. The growing awareness about product quality and stringent regulations on product consistency have fueled the adoption of Ribbon Blenders.

During the projection period from 2022 to 2032, the market for ribbon blenders is expected to develop at a CAGR of 9.7%, reaching an estimated value of US$ 21.3 billion. In the coming years, sales of ribbon blenders are expected to increase because to the high demand for high-quality blenders in the food and beverage industry.

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The market for ribbon blenders will probably reach US$17.8 billion worldwide in 2022, according to a forecast by FMI. Growth is predicted to be supported by a rapid uptake of specialized equipment designs to boost overall performance and operational effectiveness.

Ribbon blenders are large, specialized blenders designed for mixing materials in bulk. As ribbon blender can mix almost any bulk solids together, it has gained increased traction as the workhorse of solids-solids blending in recent years. Although dry blending is the primary function of ribbon blenders, they are also being used for preparing pasta or flowable slurries, and are also witnessing adoption for mixing small amounts of liquids into a solid. With an ability to operate in batches as well as continuously, and with one or more mixer shafts, ribbon blenders make a viable option for blending across diverse processing industries.

Ribbon Blenders Market – Notable Developments

Some of the leading players operating in the global ribbon blenders industry are KHS GmbH, Krones AG, Bulkmatic, Marel hf., Tetra Laval International S.A., John Bean Technologies Corporation, Munson Machinery, Buhler Holding AG, Highland Equipment, GEA Group AG, Hosokawa Micron Corporation, SPX Corporation, Charles Ross & Son, Sulzer Ltd., Lee Industries, and Morton Mixers & Blenders

Notable developments in the competitive landscape of the ribbon blenders market include:

  • In 2018, GEA Group turned the Pfizer plant into a smart facility. The recent inclusion of a GEA Group’s suite of automatic, highly efficient production equipment to Pfizer’s Freiburg plant to manufacture capsules and tablets, has transformed the facility into a smart factory.
  • In 2018, a leading powder mixer manufacturer Vortex announced the launch of a new consumer-centric website that covers all the services provided by the company. The new website carries all information related to industrial powder mixers and blenders to help customers make a well-informed decision. Through this website, the company aims to expand its virtual reach to grow its product sales.
  • In 2016, a leading player in the ribbon blender market, Munson Machinery, introduced HIM124-S316 high-intensity continuous blender. Munson Machinery’s new blender provides low to high shear as desired for quick blending or homogenizing of dry solids, pastes, slurries or agglomerates when processing food, pharmaceuticals, chemicals, or any other contamination-sensitive materials.

Ribbon Blenders Market Dynamics

Burgeoning Applications of Ribbon Blenders in the F&B Industry Auguring Market Growth

With the manufacturers in the F&B industry eying at uniformly blended ingredients to appeal to rapidly altering consumer preferences, demand for ribbon blenders is growing significantly. As ribbon blenders are ideal for blending and mixing most solids as well as light pastes, and provide efficient and economical blending, they are witnessing an increased adoption.

Moreover, industrial ribbon blenders comply with high standards as well as sanitary designs and customizable features. As blending is a key process in the production of food products that need ideal mixing to produce high-quality final products, the demand for ribbon blenders has been increasing significantly in the F&B industry. This growing adoption will further provide impetus to growth in the ribbon blender market.

Competitive Market Landscape Prompting Stakeholders to Invest in Superior Fabrication of Ribbon Blenders

With industrial end-users increasingly demanding premium-quality blenders, companies have shifted their focus on high-quality fabrication of ribbon blenders. Amid the rigorous competition in ribbon blenders industry, stakeholders have adopted customized equipment designs to enhance overall operational efficiency and performance. As tailored ribbon blenders with shorter blending cycles reduce the occurrence of dead spots during operation, they are witnessing rapid adoption across industries. This growing adoption is further fueling growth in the ribbon blender market.

Upward Adoption of Used & Reconditioned Equipment to Impede OEM Growth in Ribbon Blenders Market

The growing cost of various food processing equipment has paved the way for the adoption of used and reconditioned ribbon blenders. Manufacturers in the F&B industry have been eying at cost-effective means and equipment for blending and mixing purposes. This in turn has led to a growing adoption of used and reconditioned equipment, which is limiting the growth in the ribbon blenders industry. Additionally, many food processing companies are investing in outsourcing their blending needs to contract blending services providers to accelerate overall production, while cutting overall operational costs.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain of the global ribbon blenders market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with ribbon blenders market attractiveness as per segments. The report also maps the qualitative impact of various factors on ribbon blenders industry segments and geographies.

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Ribbon Blenders Market – Segmentation

Based on end-user:

  • Food and beverage industry
  • Chemical and petrochemical industry
  • Pharmaceutical industry

Based on types:

  • Vertical Ribbon Blenders
  • Horizontal Ribbon Mixers

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan

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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Microencapsulated Omega-3 Powders Market Overview with Geographical Segmentation by Revenue with Forecast by 2032

The global microencapsulated omega-3 powders market size is likely to exceed US$ 17.4 Bn in 2032 and exhibit steady growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing product consumption on the back of changing dietary habits and the rising prevalence of cardiovascular diseases is set to push growth. 

As per a report by FMI, demand for microencapsulated omega-3 powders is projected to reach US$ 10.5 Bn in 2022. Surging investment by consumers in products associated with their healthcare and well-being is anticipated to bode well for the market. 

A rise in the hectic schedules of consumers has contributed to a notable shift towards junk food and packaged food, which is devoid of the required quantity of nutrients. With the bridging of the information gap apropos of the importance of nutrition for bodily functions, high trends of consuming dietary supplements have been witnessed, which is projected to hold sustained growth opportunities for the microencapsulated omega-3 powders market in the upcoming years. 

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Microencapsulated Omega-3 Powders Market – Novel Developments 

Significant players functioning in the microencapsulated omega-3 powders market have been striving to create strong brand recall value by strategically positioning their products in the storefronts and streamlining their distribution channels. Diversification of their product portfolio by enriching the product is yet another strategy observed in the microencapsulated omega-3 powders market. A large number of promotional activities are undertaken by the companies to create awareness pertaining to the novel product launches and their unique selling propositions. 

Some of the key players operating in the microencapsulated omega-3 powders market include KD Pharma Group, Venketesh Biosciences LLP, Wincobel, Stepan Company, Socius Ingredients, Benexia, Biosearch, SA, Glanbia Nutritionals, Clover Corporation, Skuny Bioscience Co., Ltd., BASF SE, Novotech Nutrition, and Koninklijke DSM N.V. 

In September 2017, Benexia – a significant player functioning in the microencapsulated omega-3 powders market announced the launch of ALA Powder, which contains ALA fatty acid in rich quantities and boasts the same stable nature as that of Chia oil. The powder can be used as a nutritional supplement for instant soup, baby food, chocolate, infant formula, and cocoa powder. 

In February 2019, Glanbia Nutritionals completed the acquisition of Watson with the sole objective to cement its current position as a market leader in the nutritional sector. The transaction will help in expanding the competency set of Glanbia such as edible film technologies, microencapsulation, agglomeration, spray drying, and micronizing capabilities. 

Ease of Product Distribution with E-commerce to Lend Promising Sales Probabilities 

With the rising competition in the microencapsulated omega-3 powders market, manufacturers have been rethinking their distribution and product projecting strategies. This has resulted in the use of supermarkets/hypermarkets for the showcasing of their products and increasing their sales prospects. The advent of e-commerce has further offered lucrative sales opportunities to the microencapsulated omega-3 powders with its capability to map geographical footprints. This has offered consumers with the ease to the accessibility of these dietary supplements irrespective of their location, which is anticipated to intensify the sale probabilities of these supplements and in turn, create favorable growth scenarios for the microencapsulated omega-3 powders market. 

Food and Beverage Industry to Remain a Key Contributor to the Growth of the Microencapsulated Omega-3 Powders Market 

Growing cognizance apropos of maintaining well-being has shifted the preference of consumers toward healthy food products. Observing this affinity of consumers towards nutritional diets, manufacturers operating in the food and beverage industry have been leveraging these dietary supplements to enhance the desirability of their products. As a result, the food and beverage industry has been acting as a significant growth driver for the dietary supplements market in general and the microencapsulated omega-3 powders market in particular. 

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Microencapsulated Omega-3 Powders Market – Segmentation 

The microencapsulated omega-3 powders market can be bifurcated on the basis of: 

  • Nature 
  • Distribution Channel 
  • Type 

Depending on the nature, the microencapsulated omega-3 powders market can be bifurcated into: 

  • Organic 
  • Conventional 

Based on the distribution channel, the microencapsulated omega-3 powders market can be classified into: 

  • Direct 
  • Indirect 
  • Store-based 
  • Supermarket/Hypermarket 
  • Convenience Stores 
  • Discount Stores 
  • Food and Drink Health Stores 
  • Online 

On the basis of type, the microencapsulated omega-3 powders market can be segmented into: 

  • Alpha-linolenic acid (ALA) 
  • Eicosapentaenoic acid (EPA) 
  • Docosahexaenoic acid (DHA) 

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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The Veggie Burger Market: A Plant-Based Revolution in Response to Environmental and Health Concerns | FMI

Veggie Burger market
Veggie Burger market

The Veggie Burger market is expanding as a result of growing interest in plant-based diets, environmental concerns, and health awareness. From 2023 to 2033, the market is predicted to increase at a compound annual growth rate (CAGR) of 8.1%, nearly doubling to reach $8.46 billion.

The market for veggie burgers is expanding quickly due to customer desire for plant-based substitutes and growing environmental consciousness. The market for veggie burgers is expanding due to rising consumer knowledge of the advantages of plant-based diets and the availability of creative, tasty options.

The global market for vegetarian burgers is predicted by FMI to grow at a compound annual growth rate (CAGR) of 8.1% between 2023 and 2033. The market share of veggie burgers is predicted to increase from US$ 4164.44 million in 2023 to roughly US$ 8460.93 million by 2033. The increased demand for vegan and vegetarian products due to their health benefits has led to a burgeoning market for veggie burgers. The demand for vegetarian burgers has also soared as worries about animal cruelty have grown.

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There is a shift in eating patterns of consumers due to concerns regarding unhealthy junk food consumption which leads to chronic ailments. Though the irresistible taste, low nutritional value junk foods such as pizza and burgers also have little nutritional value, creating a substantial customer base.

Plant-based burgers are highly nutritious and delicious, and manufacturers are now able to make them using advanced technology. Veggie burgers are much healthier than meat burgers for a variety of reasons.

In addition to having similar flavors, textures, like meat burgers, vegetarian burgers also contribute to reducing global warming and negative impact on biodiversity and ecosystems. In response to environmental concerns and animal welfare concerns, consumers are turning to vegan and flexitarian diets, creating market opportunities for veggie burger manufacturers.

Key Takeaways from the Market Study

  • The US market for Veggie Burgers is expected to reach US$ 1028.1 Mnby 2022 registering a market share of 26.6%.
  • The market is expected to increase at a notable CAGR of 8.1%.
  • Soy-based protein captures 43.4% of the market share while the plant-based chicken segment holds 36.5% of the total market share.
  • Europe’s veggie burger industry is expected to dominate the market and grow at the fastest rate with an increased revenue share.

Competitive Landscape for the Market

KFC and Subway, two of the leading restaurant chains in the plant-based industry, are planning high-profile deals. Vegetarian burgers are showing promising signs, particularly from the fact that not only the biggest players are investing in the market but also consumer goods brands are betting on the future of animal-free products.

Several meat alternative companies are ramping up their production of plant-based products, including Impossible Foods and Beyond Meat. Companies are leaving no stone unturned to gain a competitive edge and boost vegetarian burger market prospects.

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Engine 2, Trader Joe’s, Sunshine Burgers, Morningstar Farms, Lightlife, Hilary’s, Gardenburger, Gardein, Dr. Praeger’s, Beyond Burger, Field Roast, Beyond Meat, Amy’s California, Boca, Beneo GmbH, Glanbia plc, Fuji Oil Co., Ltd., Archer Daniels Midland Company, Symrise, Roquette Frères S.A., Kellogg’s, Tyson Foods, Inc. and others, the market is growing and establishing a strong global presence.

Recent Developments in the Veggie Burger Industry

  • In September 2020, Nestle SA launched its flagship plant-based burger.
  • In 2021, McDonald’s, known for its fast food, launched a vegan product called “McPlant”, which substituted meat burgers for vegan alternatives.
  • Beyond Meat, the Canadian company is also launching two innovative and brand-new versions of burgers. It will be the juiciest burger any company has ever released. Beyond Meat has partnered with McDonald’s to offer plant-based burgers in the fast-food industry.
  • In November 2021, from BAUM Unternehmensgruppe, The McWin Food Ecosystem Fund, led by Henry McGovern and Steve K. Winegar, acquired Burger King Deutschland GmbH. In addition to strengthening the German Burger King expansion strategy, the new majority shareholder plans to focus on their premium and plant-based product portfolio, as well as the development of digital sales channels.

Market Segmentation by Category

By Product Type:

  • Plant-based Chicken
  • Plant-based Beef
  • Plant-based Pork
  • Plant-based Fish

By Source:

  • Soy-Based Protein
  • Wheat-Based Protein
  • Pea-Based Protein
  • Canola-Based Protein
  • Fava-Bean Based Protein
  • Potato-Based Protein
  • Rice-Based Protein
  • Lentil-Based Protein
  • Flax-Based Protein
  • Chia-Based Protein
  • Corn-Based Protein

By Distribution Channel:

  • Retail
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • HoReCA (Food Service Sector)

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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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