Grout Bags Market: Growing at a 2.57% CAGR by 2032 – Navigating Demand and Trends in Efficient Construction Solutions

Grout Bags Market

The anticipated demand for the global grout bags market is expected to reach a valuation of US$ 3.8 billion in 2022, with a projected growth forecast at a Compound Annual Growth Rate (CAGR) of 2.57%. This growth trajectory positions the market to be valued at US$ 4.9 billion from 2022 to 2032. The steady CAGR underlines the consistent requirement for grout bags in construction and related industries, reflecting the enduring need for efficient and durable solutions in the realm of material handling and infrastructure development over the forecasted period.

The anticipated growth of the Grout Bags Market in the forecast period is driven by the favorable properties of these bags, characterized by user-friendly features and minimal mess. Notably, the reusability and disposability aspects further contribute to the market’s upward trajectory.

North America is increasingly emerging as an opportunistic market for grout bags. It currently stands as the largest market for grout bags, and this trend is projected to persist into the forecast period. The growth in North America can be attributed to the rising number of individuals gravitating towards do-it-yourself (DIY) concepts for repairing household tile damage. The convenience and cost-effectiveness of using grout bags for such repairs have made them a popular choice among consumers. Moreover, the United States, in particular, showcases advanced levels of adoption compared to other countries in the region, further fueling the market’s expansion.

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On the other hand, Asia Pacific is making significant contributions to the growth of the grout bags market. As per Future Market Insights, this region is expected to experience substantial growth at a lucrative rate over the forecast period. The upsurge in the masonry industry in various Asian Pacific countries is a key driver for this growth. The construction and renovation activities in the region are on the rise, leading to an increased demand for grout bags to facilitate efficient and durable masonry work. This expanding market in Asia Pacific underscores the global relevance of grout bags as essential tools in the construction and repair sectors.

Crucial information and forecast statistics covered in the Grout Bags market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

Key players covered in the report include:

  • Marshaltown
  • E.P. Co., Inc.
  • Bon Tool Co.
  • Westco Tools Inc.
  • Kraft Tools Co.

Market Drivers:

  1. Construction Industry Growth: The grout bags market is often tied to the construction industry. Growth in construction activities, including residential, commercial, and infrastructure projects, can drive the demand for grout bags.
  2. Increasing Infrastructure Investments: Government initiatives and increased private investments in infrastructure projects can boost the demand for grout bags, which are commonly used in the construction and repair of structures like bridges, dams, and roads.
  3. Renovation and Restoration Projects: The need for grout bags in renovation and restoration projects, particularly in aging structures, can drive market growth. Grout bags are often used for repairing and strengthening foundations and masonry.
  4. Advancements in Construction Technologies: Innovations in construction materials and technologies may influence the grout bags market. For instance, if there are developments in grout formulations or bag designs that improve efficiency or performance, it can positively impact market demand.

Market Restraints:

  1. Fluctuating Raw Material Prices: The cost of raw materials used in manufacturing grout bags, such as polymers or fabrics, can impact the overall production cost. Fluctuations in these material prices may pose a challenge for market players.
  2. Environmental Concerns: Increasing awareness and regulations related to environmental sustainability may lead to a shift in construction practices and materials. If grout bags are perceived as environmentally unfriendly or non-biodegradable, it could create challenges for the market.
  3. Competition from Alternative Solutions: Other construction methods or materials that offer similar or improved properties may pose a competitive threat to the grout bags market. This could include alternative methods for repairing and reinforcing structures.
  4. Impact of Economic Downturns: Economic downturns or recessions can adversely affect the construction industry, leading to a decrease in demand for construction-related products, including grout bags.

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Key Segmentations:

Valuable information covered in the FMI’s Grout Bags market report has been segregated into key segments and sub-segments.

Product Type:

  • Blue-top Grout Bags
  • Black Seamless Grout Bags

Design:

  • Grout Bags With Metal Tip
  • Grout Bags Without Metal Tip

Grout Type:

  • Sanded Grout Bags
  • Non-Sanded Grout Bags

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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Future Market Insights Inc.
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Non-Alcoholic Steatohepatitis Clinical Trials Market Unveils Forecast from 2022 to 2032 in the Pursuit of Liver Health

The Future Market Insights medical fibre Optics Market industry study report projects that the size of the global medical fibre optics market will be US$ 988.3 million in 2021. The market is anticipated to reach US$ 2 billion in value by 2032, with a 6.9% compound annual growth rate from 2022 to 2032. Multimode optical fibre, which is expected to increase at a 7% CAGR between 2022 and 2032, is predicted to be the most profitable fibre type.

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Market for Non-Alcoholic Steatohepatitis Clinical Trials from 2017 to 2021 in terms of revenue In contrast to the Demand Forecast for 2022 to 2032

According to Future Market Insights, a market research and competitive intelligence provider, the market value of this disease increased at a compound annual growth rate (CAGR) of about 6.2% between 2017 and 2021, with the United States, the United Kingdom, China, and Japan accounting for a sizable portion of the global market.

Furthermore, technological advancements, an ageing population, an increase in the prevalence of chronic diseases, and an increase in surgical procedures are key drivers of the expansion. As a result, the market for clinical trials for non-alcoholic steatohepatitis is predicted to increase at a CAGR.

How did the market for Non-Alcohol Steatohepatitis Clinical Trials perform during the pandemic?

Trials were suspended due to decreased patient participation in clinical research and supply chain issues induced by the epidemic. In contrast, virtual participants and COVID-compliant screening permitted select organisations to complete the trials. Novartis, for example, conducted a phase two trial of a specific medication for non-alcoholic steatohepatitis after the drug was designated as a breakthrough treatment in the United States. In 2021, semaglutide will be started in patients with non-alcoholic steatohepatitis (NASH) in phase 3a. The results of a phase two proof-of-concept investigation in NASH were reported by Novo Nordisk and Gilead Sciences. In the United States, NASH is the second most common reason for a liver transplant. NASH has also been associated to hepatocellular carcinoma.

The results of a phase two proof-of-concept study in NASH were revealed by Nordisk and Gilead Sciences. The second most common reason for liver transplants in the US is NASH. Several studies have found a connection between NASH and hepatocellular cancer growth.

Analysis by country

The USA Clinical Trials for Non-Alcoholic Steatohepatitis: Market Research

NAFLD is one of the most common chronic liver diseases in the United States. In the United States, approximately 20% of adults are estimated to have NASH, while approximately 25% are thought to have NAFLD. Given these troubling statistics, the Non-Alcoholic Steatohepatitis Clinical Trials market in the United States is expected to grow at a 7.5% CAGR from 2022 to 2032, reaching a value of US$ 1.9 billion.

Because to pathologist bias, it can be difficult to divide patients into discrete fibrosis phases in NASH trials. Sagimet Biosciences is using digital histopathology in its Stage IIb non-alcoholic steatohepatitis (NASH) inquiry to achieve more accurate and consistent biopsy analysis. Histological imaging of biopsy samples is used in digital pathology for NASH, which is then analysed using artificial intelligence (AI) to detect fibrosis abnormalities. TVB-2640 is being studied in the Phase IIb FASCINATE-2 trial (NCT04906421) by Sagimet and HistoIndex, a Singapore-based diagnostic firm.

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Market Segments Covered in Non-Alcoholic Steatohepatitis Clinical Trials Market Analysis

By Study Design:

  • Interventional
  • Observational
  • Expanded Access

By Phase:

  • Phase 1
  • Phase 2
  • Phase 3
  • Phase 4

By Region:

  • North America
  • Latin America
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Europe

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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Wellness Tourism Market Set for an Astounding US$ 2,635.2 Billion Projection, Driven by a 10.2% Value-Based CAGR by 2033 | FMI

According to Future Market Insights’ most recent research, worldwide revenue from wellness tourism market is projected to reach US$ 999.5 billion by the end of 2023. Long-term estimates place the value of wellness tourism at US$ 2,635.2 billion in 2033.

Wellness Tourism involves individuals traveling to destinations with the primary goal of improving their physical, mental, and spiritual well-being. It goes beyond the typical tourist experience, focusing on activities that promote health and relaxation.

There are two categories of passengers in the wellness tourism business. While secondary wellness travelers look for wellness activities wherever possible throughout their vacation plans, primary wellness travelers choose their destination based on its wellness offers. Of these, 85% to 90% of wellness tourism visits are taken by secondary wellness travelers, who also incur significant costs. Among these, secondary wellness travelers make up the majority of the market for wellness tourism.

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The average cost of traveling abroad is significantly greater than that of domestic wellness travel, even though domestic wellness travel is growing and makes up 80% to 85% of all wellness holidays. Since it covers the entire trip, the average cost is usually greater while traveling abroad.

Key Components of Wellness Tourism

  • To truly understand Wellness Tourism, let’s delve into its key components and the diverse experiences it offers.
  • One of the cornerstones of Wellness Tourism is the indulgence in spa retreats. These tranquil havens offer a variety of rejuvenating treatments, from massages to hydrotherapy, providing a sanctuary for relaxation.
  • For those seeking a mental and spiritual retreat, wellness tourism often involves visits to yoga and meditation centers. These serene locations foster a connection between the mind and body, promoting inner peace
  • Wellness extends to nutrition, making healthy eating retreats a popular choice. These retreats focus on cultivating good eating habits and often include cooking classes and farm-to-table experiences.

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Popular Wellness Tourism Destinations

  • Bali has become synonymous with wellness retreats, offering a blend of cultural richness and serene landscapes. Visitors can immerse themselves in yoga, meditation, and holistic healing practices.
  • Switzerland’s alpine regions provide a picturesque backdrop for wellness retreats. The crisp mountain air and natural beauty contribute to a rejuvenating experience.
  • Costa Rica combines lush rainforests with wellness offerings, providing a unique blend of nature and rejuvenation. Wellness tourists can enjoy activities like eco-friendly hikes and spa treatments.

Impact of Technology on Wellness Tourism

  • Advancements in virtual reality have given rise to virtual wellness experiences, allowing individuals to access mindfulness practices and fitness classes from the comfort of their homes.
  • Smartphone apps and wearables play a significant role in wellness tourism. These tools help travelers track their fitness, monitor their sleep patterns, and access wellness resources on the go.
  • Despite its popularity, the wellness tourism industry faces certain challenges that need addressing.

Wellness Tourism Market by Category

By Direct Suppliers:

  • Airlines
  • Hotel Companies
  • Tour Operators

By Indirect Suppliers:

  • OTA (Online Travel Agency)
  • Traditional Travel Agencies
  • TMC’s (Travel Management Companies)
  • Corporate Buyers
  • Aggregators

By Age:

  • Under 15
  • 16-25
  • 26-35
  • 36-45
  • 46-55
  • Over 55

By Tourism Type:

  • Thermal Water or Hot Spring Therapy
  • Yoga and Pilates Retreats
  • Culinary Wellness Retreats
  • Meditation Retreats
  • Wellness Cruises
  • Eco-tourism Retreats

By Demographic:

  • Male
  • Female
  • Kid

By Nationality:

  • Domestic
  • International

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Country:

  • USA
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Russia
  • India
  • China
  • Japan
  • Malaysia
  • Singapore
  • Australia
  • United Arab Emirates(UAE)
  • KSA
  • Italy
  • Qatar
  • Oman
  • ROW

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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Organic Follow Up Formula Market is Expected to Grow at a Steady CAGR of 11.2% by 2032

Organic Follow Up Formula Market
Organic Follow Up Formula Market

Frozen Ready Meals Market to reach a valuation of US$ 122.4 billion by 2033 | FMI Study

Frozen Ready Meals Market
Frozen Ready Meals Market

According to Future Market Insights (FMI), the worldwide frozen ready meals market is valued at  US$ 51.5 billion in 2023 and is anticipated to reach US$ 122.4 billion by 2033. Total frozen ready meal sales are likely to accelerate at a robust CAGR of 9.0% from 2023 to 2033.

Growing preference towards convenience and ready-to-eat food products worldwide is a key factor driving the global frozen ready meals market forward.

While most of customers still view frozen food as a backup option, core consumers are increasingly inclined to purchase products with particular meals in mind. Buying frozen food is thought to be more economical and saves time at the grocery store.

Time can be saved by using frozen ready meals, which are a complete lunch or dinner option. People having busy schedules can use these products as they are easy to prepare than cooking from scratch. This is a primary factor that influence frozen ready meal sales.

Growing food insecurity concerns and need for reducing food wastage are also prompting people to choose frozen food products including frozen ready meals due to their higher shelf life and easy availabity.

Subsequently, availability of a wide range of frozen ready meals including frozen chicken meals and frozen vegetarian meals on online sales platforms will help the market to thrive rapidly over the next ten years.

However, growing concerns about side effects of frozen foods can limit market expansion duing the projection period. As frozen food products are meant to last for longer period, artificial additives are added to them in order to increase their shelf life.

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A high amount of sodium is added to frozen foods to maintain their qualitative characteristics for a substantial period of time. Excessive consumption of sodium and artificial food additives through frozen ready-meal products can have harmful effects on consumers’ health. Also, a variety of physical and chemical processes are performed on frozen ready meal products to improve their nutritive value.

Leading companies are constantly launching new products and delivery services to increase their sales and expand their customer base. Further, they are improving their production processes and packaging.

In the frozen food sector, packaging is essential since it improves the quality and appearance of the product. The shelf life of frozen food products can be increased by implementing suitable packaging methods during production.

Packaging that appeals to the eye can draw in lots of customers and increase demand for frozen food goods. To comply with environmental standards and draw in ecologically conscious customers, top manufacturers are creating biodegradable packaging options. Technological advances in packaging techniques can greatly increase product sales since they enhance product quality to a larger level.

Key Takeaways from the Report:

  • The global frozen ready meals market is set to reach a valuation of US$ 51.5 billion in 2023.
  • Global frozen ready meal sales are forecast to rise at 9.0% CAGR between 2023 and 2033.
  • By product type, demand for vegetarian meals is poised to increase at a considerable pace during the next ten years.
  • The United States frozen ready meals market is anticipated to expand at 8.6% CAGR over the next ten years, reaching a valuation of US$ 3,5607.4 million by 2033.
  • Frozen ready meals demand across India is set to surge at 11.9% CAGR through 2033.
  • The United Kingdom market is likely to touch a valuation of US$ 1,280.6 million in 2033.

“Rising food insecurity and increase in food wastage will have a profound influence on frozen food sales including frozen ready meals over the next ten years as these foods have extended shelf life and reduce wastage to a great level,” says a lead analyst at Future Market Insights.

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Who is Winning?

Leading frozen ready meal companies profiled in the report include  General Mills Inc., Pinnacle Foods, Inc., J.R. Simplot Co., Nestle S.A, California Pizza Kitchen, H.J.Heinz, Dr. Oetker GmbH, ConAgra Foods, Inc, Daiya Foods Inc., Atkins Nutritionals Inc., and FRoSTA AG.

Key Market Developments:

  • In 2018, Conagra Brands Inc. acquired Pinnacle Foods to strengthen its customer base and accelerate the next wave of change.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the frozen ready meals market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study provides compelling insights into the frozen ready meals market based on product type (vegetarian meals, chicken meals, beef meals), and distribution channel (modern trade, food chain services, convenience stores, departmental stores, online stores) across several regions.

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Global Frozen Ready Meals Industry Segmentation

By Product Type:

  • Vegetarian Meals
  • Chicken Meals
  • Beef Meals
  • Other Meals

By Distribution Channel:

  • Modern Trade
  • Food Chain Services
  • Convenience Stores
  • Departmental Stores
  • Online Stores

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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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Banana Flour Market Study Providing Information on Key Players, Growth Drivers and Industry opportunity by 2034

Banana Flour Market
Banana Flour Market

The banana flour market is set for significant expansion, with an anticipated valuation of US$ 628.7 million by 2024. The market displays a considerable trend, featuring a CAGR of 3.6%, expected to endure until 2034. The consistent growth forecasts indicate that the global market is poised to achieve an impressive valuation of US$ 892.8 million by 2034.

The growing awareness of the health advantages of banana flour is propelling the worldwide banana flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the banana flour market across the globe.

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Key Takeaways from Market Study

  • The banana flour market is expected to expand at CAGRs of 3.1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of Asia Pacific is 18.2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the banana flour business in the region.
  • The North American banana flour market is currently pegged at 50,883 Metric tons. Banana flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
  • In Africa, banana flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of banana flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from green banana flour as a dietary fiber.”, says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of banana flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the banana flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

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Key Segments of Banana Flour Industry Survey

By Process:

  • Sun-dried
  • Freeze-dried
  • Spray-dried
  • Others

By Application:

  • Beverages
  • Pet Food and Feed Industry
  • Household
  • Food Industry
  • Bakery & Snacks
  • Infant Foods
  • Filling and Dressings
  • Soups and Sauces
  • Others

By End-user:

  • Water Treatment
  • Food and Beverage Processing
  • Pharmaceutical and Medical
  • Automotive
  • Air Purification
  • Others

By Source:

  • Organic
  • Conventional

By Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Specialty Store
    • E-Retailers
    • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • 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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Food Encapsulation Market to Reach at US$ 14,547.9 million by 2033 | FMI Study

Food Encapsulation Market
Food Encapsulation Market

The global market for food encapsulation is forecast to increase rapidly, with a CAGR of 9.3% from 2023 to 2033. Because of this rising trend, the market value is expected to reach an incredible US$ 14,547.9 million by 2033. In 2023, the market is expected to exceed US$ 5,952.8 million. Several reasons, including rising demand for quick-to-prepare foods with improved flavor, texture, and preservation, are driving growth in the market.

The industry is also expanding as a result of the emerging trend of functional foods, which integrate encapsulated components for targeted nutrition. Additionally, a factor for market growth is the growing consumer knowledge of the health advantages of ingredients that have been capsuled. Food encapsulation is emerging as a crucial technology driving innovation and satisfying changing customer demands as the food industry continues to change.

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Key Takeaways from the Food Encapsulation Market Report:

  • United States Dominates: With a sizable market share of 31.4%, the United States emerges as the global leader for food encapsulation, demonstrating its leadership in this cutting-edge industry.
  • China’s Expanding Appetite: China is closely following with a sizeable market share of 10.3%, which reflects its expanding appetite for food encapsulation products and technology.
  • India’s Growing Influence: With a stunning market share of 11.5%, India shows how important it is becoming as a major player in the food encapsulation sector.
  • United Kingdom’s Encapsulation Evolution: With a 12.3% market share, the United Kingdom stands out for its active engagement and developing position in the food encapsulation industry.
  • Germany and Japan Maintain Their Positions as Established Markets for Food Encapsulation: Germany (7.8%) and Japan (4.5%) demonstrate consistent growth and continued interest in this specialized area.

Competitive Landscape

The market for food encapsulation Demand is characterized by fierce rivalry, which is influenced by many different factors. Encapsulated ingredient demand is on the rise, which has drawn a wave of new competitors looking to profit from this lucrative sector.

The complex nature of the food encapsulation process needs specialized knowledge and skills, which heightens the rivalry between businesses seeking to provide the best and most creative solutions. Smaller firms are prevented from entering the market because of the high costs involved in developing and commercializing novel food encapsulation technologies. This has led to market consolidation and increased competition among established industry giants.

A global leader in food, agricultural, and industrial products is Cargill. In addition to flavors, colors, and nutrients, they provide a wide variety of encapsulated components. Due to their large product portfolio, global presence, and dedication to innovation, Cargill is a formidable rival.

An extensive selection of components in capsule form is available from the international chemical corporation DuPont. Due to their outstanding research and development capabilities, global presence, and dedication to sustainability, DuPont is a formidable rival.

A global leader in flavor, aroma, and functional ingredients is Sensient Technologies Corporation. They provide a wide variety of nutrients and flavors that are encapsulated. Sensient Technologies is a formidable rival due to its well-known brand, wide range of products, and dedication to providing excellent customer service.

Royal DSM, a multinational corporation with a scientific foundation, offers cutting-edge solutions for food, nutrition, health, and personal care. In addition to flavors, colors, and nutrients, they provide a wide variety of encapsulated components. Due to its outstanding research and development capabilities, global presence, and dedication to sustainability, Royal DSM is a formidable rival.

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Top Key Players in Food Encapsulation Market and Their Marketing Strategy

  • TasteTech Ltd
  • Sensient Technologies Corporation
  • BASF SE
  • Appvion Inc.
  • Firmenich International SA
  • Givaudan SA
  • Balchem Corporation
  • International Flavors
  • Fragrances Inc.
  • Symrise AG

Key Developments

Expanded Applications in the Pharmaceutical Industry: Encapsulation technologies are finding broader applications beyond the food sector, particularly in the pharmaceutical industry. Encapsulated ingredients can protect sensitive pharmaceutical compounds, improve their stability, and enhance their targeted delivery within the body. This opens up new avenues for drug formulation, controlled release systems, and personalized medicine.

Sustainable Encapsulation Solutions: With increasing environmental concerns, there is a growing demand for sustainable encapsulation solutions. Manufacturers are exploring eco-friendly encapsulation materials and processes that minimize waste generation and reduce the overall environmental impact. The development of biodegradable and renewable encapsulation materials aligns with the rising consumer preference for sustainable products and contributes to a greener future.

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Market Segmentation For Food Encapsulation

By Raw Material:

  • Acids
  • Flavoring Agents
  • Lipids
  • Bases & Buffers
  • Amino Acids & Peptides
  • Enzymes & Microorganisms
  • Antioxidants
  • Vitamins & Minerals
  • Others

By Technology:

  • Chemical
  • Physical

By Application:

  • Dairy Products Animal Nutrition
  • Functional Food
  • Dietary Supplements
  • Confectionery Beverages
  • Bakery Products
  • Frozen Products and Others

By Wall Material:

Lipids & Waxes

  • Proteins
  • Carbohydrates

By Region:

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

About Future Market Insights (FMI)

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

 Contact Us:

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Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Food Preservatives Market to Hit US$ 5,725.70 million by 2033| Future Market Insights Inc.

Food Preservatives Market
Food Preservatives Market

The global food preservatives market is predicted to register a CAGR of 6.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 2,965.62 million in 2023 to US$ 5,725.70 million by 2033 end.

As the clean label movement is in full vigor, consumer curiosity and awareness about food ingredients have heightened. As a result, key manufacturers of food preservatives in the market are adopting a natural approach to keep food fresh for long periods. The continuous use of food preservatives in food production is a primary factor, which is positively influencing the market growth. Numerous benefits of food preservation are motivating market expansion.

Food preservation minimizes food wastage owing to less food spoilage, and warrants food safety via antimicrobial protection. The technique helps extend shelf-life while maintaining fresh taste and quality. Many companies in the market are offering an array of clean-label preservation solutions to provide significant advantages to customers. For instance, Kerry Group plc offers UpGrade, DuraFresh, and Accel.

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With the incorporation of clean-label preservatives, food manufacturers can differentiate their products, claim to have used no artificial preservatives, and overcome shelf-life obstacles. The market is teeming with new opportunities to expand as new-age customers are seeking natural ingredients in their meals, and less processed, natural foods.

Key Highlights:                

  • The United States is projected to lead the market arena over the forecast period. As consumers are avoiding traditional preservatives like nitrate and sodium nitrite, the scope of clean-label food preservatives is expanding in the country.
  • China is projected to be a significant player in the Asia-Pacific food preservatives market. The surging applications of food preservatives in meat, bakery and customized solutions are projected to augment the market growth.
  • The growth of the food preservatives industry in India is characterized by the increasing demand for clean-label preservation ingredients to replace traditional lactates, traditional sodium nitrite salts, and diacetates in meat.
  • Synthetic preservatives hold a large share of the market. However, natural preservatives are exhibiting increasing demand due to their acceptance by regulatory agencies for processing purposes.

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Latest Market Developments:

  • In November 2022, Kemin Industries, Inc. developed a nitrite substitute to be used in the first phase of emulsified cooked sausages. The label-friendly ingredient, Rubinite GC Dry, offers food safety and is available in Europe, the Middle East, and Africa region for food producers.
  • In April 2022, Kemin Industries, Inc. announced that it is researching how different ingredients have antimicrobial activity, which can attain a clean label, and maintain the freshness and safety of the product. With this research, the company aims to analyze the way certain ingredients impact the shelf life and pH of sauces and dressings.
  • In August 2021, Conagen, Inc. presented a new product in the market, i.e., ‘p-Coumaric Acid’ (PCA). This product is a clean-label and natural preservative that is developed by fermentation.
  • In July 2021, DSM declared that it is extending its portfolio of Dairy Safe cheese biopreservation, by selecting new phage-robust culture rotations.

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Key Market Segmentation

By Label:

  • Clean Label
  • Conventional

By Type:

  • Synthetic
  • Natural

By Function:

  • Antioxidants
  • Antimicrobial
  • Others

By Application:

  • Meat & Poultry Products
  • Bakery Products
  • Dairy Products
  • Beverages
  • Snacks
  • 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
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Revivable Yeast Market to Reach New Heights at USD ~100 Mn by 2032

Revivable Yeast Market
Revivable Yeast Market

During the assessment period, the global revivable yeast market would observe a CAGR of ~10% accounting for projected sales of USD ~100 Mn in 2032, according to the Future Market Insights report.

The availability of revivable yeast-bound products is rising in modern trade, convenience stores, and online retail. In view of the increasing availability of revivable yeast, the usage of revivable yeast as an ingredient is increasing. Due to high nutritional properties, consumption of revivable yeast is popular among health-conscious consumers.

Yeast is a natural nutritional ingredient and may enhance energy levels and strengthen the immune system. It is a rich source of chromium, selenium, protein, iron, zinc, and vitamins. Hence, it finds its application in pharmaceuticals and cosmetics.

Revivable yeast is a non-GMO, natural, and gluten-free ingredient due to which the market demand for revivable yeast is increasing rapidly. Consumers are also becoming more cautious about the nutrition of their pet animals and prefer organic, chemical-free, non-GMO, additive-free pet food products.

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Key Takeaways from the Market Study

  • The global consumption of revivable yeast enjoyed a year-on-year (YOY) growth of 9% between 2017 to 2021 to total sales of USD 36.3 million.
  • The use of revivable yeast is proliferating rapidly in the food and beverage industry. Revivable yeast is used as a flavor enhancer, salt replacer, and meat substitute in bakery, confectionery, dairy products, loaves of bread, and other food products.
  • Brewer’s yeast (Saccharomyces cerevisiae), a by-product of beer brewing and a popular kind of revivable yeast is a good source of B-vitamins and protein, it is widely utilized in drugs and medicines.
  • Brewer’s Yeast Market size is estimated to be $4.5 billion in 2022.
  • The revivable yeast powder form, largely used in the food and beverage industry will remain dominant over other forms of brewer’s yeast like tablet or capsule forms.
  • Along with natural and organic food products, the demand for natural and organic skin and personal care products using revivable yeast is rising rapidly.
  • Prominent manufacturers of revivable yeast in the market are located in developed countries from North America and Europe.

Competitive Landscape

Leading brands are sold via traditional stores and retail chains in developed countries, and are easily available to consumers online too. However, in developing countries, the yeast derivatives are mainly sold via online retail channels to a limited end-users aware of yeast utilization or are exported, increasing the cost of the final product for consumers in developing regions.

Now, major manufacturers are focusing on starting their production units in developing countries which is increasing the access to yeast derivatives in developing countries. Direct consumers buy revivable yeast predominantly for its nutritional and gastrointestinal benefits. The number of nutritional deficient patients is more in developing countries because of which the producers of yeast derivatives are focusing on launching products in revivable yeast.

Key players in the revivable yeast market are Alltech, Lallemand, Lesaffre, Cypress Ingredients, Bioforce Canada, Bob’s Red Mill Natural Foods, NOW Foods, Quantum Nutrition Lab, Angel Yeast Company among others.

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“Revivable yeast producers should focus on making the end-users and corresponding food and beverage market players more informed about the application of yeast and its advantages. They should opt for strategic alliances with firms in other industries of application like pharmaceutical and cosmetics. They should opt for technological advancement, new product developments, and production capacity expansion across all geographic locations,” says a Future Market Insights Analyst.

Revivable Yeast Market Taxonomy

The global revivable yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Nature :

  • Organic
  • Conventional

Form :

  • Powder
  • Tablet
  • Capsule

Sales Channel :

  • B2B
  • B2C
    • Modern Trade
    • Specialty Store
    • Convenience Store
    • Online Retail
    • Other Sales Channel

Region :

  • North America
  • Latin America
  • Western Europe
  • North & Eastern Europe
  • APEC
  • China
  • Middle East & 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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Fruit Pectin Market Surging Ahead with a Projected 5.6% CAGR – FMI Study

Fruit Pectin Market
Fruit Pectin Market

The global fruit pectin market was worth US$ 942.6 Million in the year 2022 and is expected to reach US$ 1,470.5 million in 2032 at a CAGR of 5.6% between 2022 and 2032.

Greenhouse gas emissions could be reduced by disposing off waste in landfills; but only after high-value compounds such as pectin along with the other bioactive chemicals are extracted from fruit processing waste. This extraction process ought to be environmentally-friendly, cost-effective, and long-lasting. In other words, just using waste does not suffice. Plus, it’s important to look through sustainability challenges of the existing process from life cycle perspective.

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With rising demand for dairy drinks abreast with fruit flavors, the fruit pectin market is all set to create wonders in the food and beverages vertical going forward. The customers looking out for new, cutting-edge items providing label-friendly and vegan choices could definitely expect a treat over here. The sectors primarily asking for fruit pectin include food supplements, beverages, pharmaceuticals, and baking. They are actually replacing traditionally employed materials with healthful and organic goods. Both – households and businesses are asking for home-made fruit pectin.

These days, pectin as well as pectin-derived oligosaccharides are used as vital ingredients in various functional foods. They are inclusive of fruit pectin as well. The fruit pectin generally in use is derived from apple. Research states that around 15-20% of the apple pulp contains this functional ingredient. The basic advantages of apple-based pectin include maintaining gut microbiome, weight loss, regulation of blood sugar levels, and maintenance of healthy heart. Those with 5-20 grams’ intake of apple pectin combined with orange juice have been reported to experience being ‘full’.

At the same time, the fact that processing costs of fruit pectin are high can’t be ignored.

Future Market Insights has entailed these findings with future prospects in its latest market study entitled ‘Fruit Pectin Market’. Its team of analysts and consultants is there to execute with its eagle’s eye view in its primary, secondary, and tertiary modes of research.

“With eco-friendliness on the anvil, the global fruit pectin market is expected to grow on a stupendous note in the near future”, says an analyst from Future Market Insights.

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Key Takeaways from Fruit Pectin Market

  • North America holds the largest market share due to the US being subject to higher intake of processed food along with growing demand for sugar-free products and diet carbonated drinks.
  • Europe stands second in line due to growing inclination toward organic, natural, and environmentally-friendly products. The other reason is the fact that hydrocolloids are being increasingly used to control aqueous foods’ thickening and gelling properties.
  • The Asia-Pacific is expected to grow at a rapid pace in the fruit pectin market in the forecast period due to higher demand for natural personal care items with cosmetics.

Competitive Fruit Pectin

  • Nestle Health Science, in August 2021, did announce acquiring the core brands of The Bountiful Company; inclusive of Nature’s Bounty, Osteo Bi-Flex, Solgar, Puritan’s Pride, Sundown, and Ester-C.
  • CP Kelco, in April 2021, did announce launching a novel multimedia resource to spotlight its capabilities into action. It helps the manufacturers in personal care, home, food and beverage verticals grasp market trends.
  • Cargill, in January 2022, did open the Cargill Innovation Center in Gurugram (Haryana, India) for developing innovative solutions that could address food & beverage market.
  • CP Kelco, in November 2021, did announce expansion of its manufacturing unit by 15% for enhancing pectin supply of low methyl ester; which is used as a gelling agent for jams, jellies, drinking yogurts, and fruit segments for preparation.

What does the Report say?

  • The research study is based on form (dry fruit pectin and liquid fruit pectin), by application (fruit pectin for bakery toppings and fillings, fruit pectin for beverages, fruit pectin for food supplements, fruit pectin for dairy & frozen products, fruit pectin for pharmaceuticals, and fruit pectin for other applications), by function (fruit pectin as thickeners, fruit pectin as fat replacers, fruit pectin as stabilizers, fruit pectin as gelling agents, fruit pectin as detoxification agents, fruit pectin as coatings, and fruit pectin as functions), and by end-user (fruit pectin for the food & beverage industry, fruit pectin for the personal care & cosmetics industry, fruit pectin for the healthcare industry, and fruit pectin for other end-users).
  • With growing trend toward reduced sugar and label-friendly formulations, the global fruit pectin market is bound to grow on a vigorous note in the forecast period.

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Key Segments Profiled in the Fruit Pectin Industry Survey

Fruit Pectin Market by Form:

  • Dry Fruit Pectin
  • Liquid Fruit Pectin

Fruit Pectin Market by Application:

  • Fruit Pectin for Bakery Toppings and Fillings
  • Fruit Pectin for Beverages
  • Fruit Pectin for Food Supplements
  • Fruit Pectin for Dairy & Frozen Products
  • Fruit Pectin for Pharmaceuticals
  • Fruit Pectin for Other Applications

Fruit Pectin Market by Function:

  • Fruit Pectin as Thickeners
  • Fruit Pectin as Fat Replacers
  • Fruit Pectin as Stabilizers
  • Fruit Pectin as Gelling Agents
  • Fruit Pectin as Detoxification Agents
  • Fruit Pectin as Coatings
  • Fruit Pectin for Other Functions

Fruit Pectin Market by End User:

  • Fruit Pectin for the Food & Beverage Industry
  • Fruit Pectin for the Personal Care & Cosmetics Industry
  • Fruit Pectin for the Healthcare Industry
  • Fruit Pectin for Other End Users

About Future Market Insights (FMI)

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

 Contact Us:

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