2K Coatings Industry Anticipates Strong Growth with a 5.2% CAGR, Reaching US$ 15 Billion by 2033

According to Future Market Insights, the 2K coatings industry is projected to reach a market value of approximately US$ 9 billion by the end of 2023, with a forecasted global demand growth at a compound annual growth rate (CAGR) of 5.2%. This growth trajectory is expected to propel the industry to a market worth US$ 15 billion by the year 2033, reflecting the increasing demand for 2K coatings worldwide.

The 2K coatings industry is witnessing remarkable growth and innovation, driven by an increasing demand for high-performance coatings across various industries. These coatings, known for their durability and versatility, have become an essential component in protecting and enhancing the appearance of a wide range of substrates.

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Market Dynamics

The 2K coatings industry is experiencing significant growth and transformation for several reasons:

  1. Increased Industrialization: As industries continue to expand and modernize, the need for high-performance coatings in manufacturing, automotive, aerospace, and construction has surged. 2K coatings provide durable solutions for protecting and preserving equipment and structures.
  2. Stringent Regulations: Stringent environmental and safety regulations have prompted the adoption of eco-friendly and low-VOC (volatile organic compounds) coatings. 2K coatings have proven effective in meeting these regulatory requirements without compromising performance.
  3. Growing Automotive Industry: The automotive sector is a major driver of the 2K coatings industry. These coatings are widely used for both OEM (original equipment manufacturer) and refinishing applications, contributing to enhanced vehicle aesthetics and longevity.
  4. Technological Advancements: Continuous research and development have led to innovative 2K coating formulations that offer enhanced performance, such as increased scratch resistance, better color stability, and improved durability.

Key Manufacturers of 2K Coatings Industry

  • Akzonobel N.V.
  • PPG Industries
  • The Sherwin Williams Company
  • Jotun A/S
  • Hempel A/S
  • Chukogu Marine Paints Ltd
  • Nippon Paints Holdings Co. Ltd
  • Kansai Paint Co. Ltd.
  • Sika AG
  • RPM International Inc.
  • Axalta Coating Systems LLC
  • Dulux Group
  • BASF SE

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Key Segmentation of the 2K Coatings Industry

By Region Type:

  • Epoxy
  • Polyurethane
  • Alkyd
  • Acrylic
  • Others

By End User:

  • Oil & Gas Exploration
  • Petrochemicals
  • Marine
  • Cargo Containers
  • Power Generation
  • Water Treatment
  • Building and Infrastructure
  • Food and Beverage Production Units

By Region:

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

About Future Market Insights (FMI)

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

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Flavonoids Market Thrives with 5.6% CAGR, Surpassing US$ 2.2 Billion Sales by 2032, Meeting the Rising Demand for Nutraceuticals in Europe, USA, and Worldwide

The flavonoids market is anticipated to expand at a CAGR of 5.6% by 2032 when sales are projected to reach US$ 2.2 billion. It is frequently incorporated into supplements, tablets, and capsules in the pharmacy and nutraceutical industries. Nearly 80%.3% of the market for polyphenols is expected to be made up of flavonoid sales.

Excellent sources of flavonoids include carrots, broccoli, berries, citrus fruits, pepper, tomatoes, and many other foods. Flavonoids are also present in vegetables. Flavonoids contain antioxidant properties in addition to anti-inflammatory and immune-boosting properties.

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Food products rich in dietary flavonoids are now being produced as a result of the increased interest in these compounds brought on by the health advantages associated with eating fruits and vegetables.

Flavonoids are often applied in food processing to help prolong the shelf-life of food items due to their antioxidant property. Apart from its ability to increase the shelf life of food items, the antioxidant property also helps in the prevention of chronic illnesses like cancer, which is often caused by the oxidation of free radical-prone compounds.

Growing demand for health-enhancing products is a strong driving force fueling the growth of the flavonoid market. Besides, the rise in the aging population, coupled with increasing demand for cancer-fighting products is anticipated to aid the industry’s growth.

Flavonoids Market Driven by Increasing Application in End User Sectors

Flavonoids are often used in several industries, such as the food and beverage industry, the pharmaceutical industry, the cosmetics industry, and many others. However, the food and beverage industry has the highest demand for flavonoids due to their diversity in application.

Flavonoids are used as coloring and sweetening agents in the food and beverage industry. They are also used in the processing of foods manufactured primarily for diabetic patients.

In the pharmaceutical industry, flavonoids are used for various health-enhancing purposes, such as preventing cardiovascular diseases, curing stomach ulcers, and preventing cancer.

Their anti-inflammatory properties help in the prevention of allergies, which cause inflammation. Flavonoids are very effective in the prevention of infectious diseases. These properties are projected to drive the market forward over the forecast period.

Growing Awareness of the Health Benefits

Flavonoids have many health benefits associated with the consumption of items containing them. Consumers are health conscious and are always in demand for healthy food products. Growing awareness regarding the health benefits of flavonoids has facilitated the increase in need, and this has, in turn, fostered the growth of the market globally.

Also, the rise in demand for anti-inflammatory products coupled with cholesterol-lowering and pain-relief products are the driving factors expected to fuel the growth of the flavonoid market in the next six to seven years. The market growth is also supported by the increasing population size of unhealthy people globally.

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Flavonoids Market: Region-wise Analysis

North America and Europe are slated to fuel the growth of the global flavonoid markets due to the rise in health consciousness and increasing demand for dietary and nutritional supplements among people within the regions. Countries like the US, UK, Canada, Germany, and France are the drivers of the market within these regions.

The Asia Pacific has been projected to register a double-digit CAGR with China acting as a driver within the region. The growing aging population and growing awareness among consumers for a healthy lifestyle are factors supporting the growth of the flavonoid market. And this is expected to continue over the forecast period.

Flavonoids Market: Competitive Landscape

  • EXTRA SYNTHE SE
  • Kemin Industries
  • Indofine Chemical Company Inc
  • Foodchem International Corporation
  • Meherrin Agricultural & Chemical Company
  • Quercegen Pharmaceuticals
  • Cayman Chemical Company,
  • Aquapharm Bio-Discovery Limited

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Global Flavonoid Market Segment Analysis

The global flavonoids market can be segmented on the following basis:

By Type

  • Flavones
  • Anthocyanins
  • Flavanols
  • Flavan-3-ols
  • Anthoxanthin
  • Isoflavones

By Application

  • Nutraceutical
  • Cosmetics
  • Pharmaceutical
  • Animal Feed

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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.

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ESR1 Mutated Metastatic Breast Cancer Diagnostics Market Targeting US$ 185 Million by 2033| Future Market Insights,Inc.

The market for ESR1 Mutated Metastatic Breast Cancer Diagnostics was valued at US$ 58.70 million in 2022 and is projected to grow at a CAGR of 11% to reach US$ 185 million from 2023 to 2033. The market for ESR1 mutated metastatic breast cancer diagnostics is expanding as a result of rising breast cancer incidence and the growing demand for individualised treatment options for patients with particular genetic mutations. The market for ESR1 mutated metastatic breast cancer diagnostics expanded at a compound annual growth rate (CAGR) of 6.9% from 2018 to 2022.

One of the key drivers of growth in the ESR1 mutated metastatic breast cancer diagnostics market is the increasing prevalence of breast cancer. Breast cancer is one of the most common types of cancer, affecting millions of people worldwide. According to the World Health Organization (WHO), breast cancer is the most common cancer among women globally, with an estimated 2.3 million new cases diagnosed in 2020 alone. As breast cancer continues to be a major public health concern, the demand for advanced diagnostic tools like ESR1 mutated metastatic breast cancer diagnostics is expected to rise.

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Advancements in diagnostic technology have also contributed to the growth of the ESR1 mutated metastatic breast cancer diagnostics market. In recent years, there have been significant advances in the field of cancer diagnostics, including the development of advanced imaging techniques and molecular diagnostic tests. These advancements have made it possible for medical professionals to identify ESR1 mutations more accurately and efficiently, allowing for earlier diagnosis and more personalized treatment options.

Another factor driving growth in the ESR1 mutated metastatic breast cancer diagnostics market is the increasing awareness of ESR1 mutations among medical professionals and patients. As medical research continues to uncover new information about breast cancer mutations, more healthcare providers are becoming aware of the importance of ESR1 testing. This increased awareness has led to greater demand for ESR1 mutated metastatic breast cancer diagnostics, as well as increased funding for research and development in this area.

Key Takeaways:

  • The global ESR1 mutated metastatic breast cancer diagnostics market is expected to grow with an 11% CAGR from 2023 to 2033.
  • By end user, diagnostic centres are expected to hold 47% of the market share in 2023 for ESR1 mutated metastatic breast cancer diagnostics market.
  • North America is expected to possess a 45% market share for ESR1 mutated metastatic breast cancer diagnostics market in 2023.
  • Europe ESR1 mutated metastatic breast cancer diagnostics market size is expected to possess a 40% market share in 2023.

Competitive Landscape:

Key players in the ESR1 mutated metastatic breast cancer diagnostics are Berlin-Chemie, Pfizer, Sanofi, G1 Therapeutics, Inc., Sun Pharma Advanced Research Company, Zenopharm, Arvinas, Sermonix Pharmaceuticals, Roche, AstraZeneca, Novartis, Zentalis Pharmaceuticals, Olema Pharmaceuticals

  • Sanofi has developed a targeted therapy called SAR439859, which is currently being evaluated in clinical trials for the treatment of advanced breast cancer, including ESR1 mutated metastatic breast cancer. SAR439859 is an oral selective estrogen receptor degrader (SERD) that works by blocking the activity of the estrogen receptor (ER) protein, which is often overexpressed in breast cancer cells. The drug has shown promising results in preclinical studies, and it is currently being evaluated in several clinical trials to assess its safety and efficacy in breast cancer patients.
  • G1 Therapeutics has been involved in the development of diagnostic tools to identify ESR1 mutations in breast cancer patients. In 2021, the company announced that it had entered into a collaboration with Guardant Health, a leading precision oncology company, to develop a liquid biopsy test for the detection of ESR1 mutations in circulating tumor DNA (ctDNA) from breast cancer patients.

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Key Segments Profiled:

By Hormonal Therapy:

  • Tamoxifen
  • Aromatase inhibitors
  • Ovarian suppression
  • Fulvestrant
  • Elacestrant

By Chemotherapy:

  • Capecitabine
  • Carboplatin
  • Cisplatin
  • Cyclophosphamide
  • Docetaxel
  • Others

By Targeted Therapy:

  • Monoclonal antibodies
  • Small molecule inhibitors
  • Tumor-agnostic treatments
  • Immunotherapy
  • Pembrolizumab
  • Dostarlimab

By End User:

  • Hospitals
  • Clinics
  • Research and Academic Institutes
  • Diagnostic Centres

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East 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

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Self-Ligating Bracket Sales Market is projected to hit a staggering US$ 717.1 Million by 2033 | FMI

The self-ligating bracket sales market is expected to grow from US$ 355.4 Million in 2022, the global market is estimated to reach US$ 377.9 Million in 2023, and to US$ 717.1 Million by 2033, at a CAGR of 6.6% over the forecast period. Self-ligating brackets are a type of orthodontic bracket that uses a built-in mechanism to secure the archwire, eliminating the need for elastic ligatures (rubber bands).

Self-ligating brackets are a type of orthodontic braces that are designed to be more comfortable and efficient than traditional braces. Unlike traditional braces, which use elastic bands (or “ligatures”) to secure the archwire to the brackets, self-ligating brackets have a built-in mechanism that holds the wire in place. This makes self-ligating braces easier to clean and maintain, and it also reduces friction between the wire and the brackets. As a result, self-ligating braces can lead to shorter treatment times and better results.

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This offers a number of advantages over traditional braces, including:

  • Reduced treatment time: Self-ligating brackets can reduce treatment time by up to 25% compared to traditional braces. This is because they create less friction between the archwire and the bracket, allowing teeth to move more freely.
  • Improved comfort: Self-ligating brackets are more comfortable than traditional braces because they do not require elastic ligatures, which can put pressure on the gums and teeth.
  • Better aesthetics: Self-ligating brackets are less noticeable than traditional braces because they do not have elastic ligatures. This is especially beneficial for adults who may be self-conscious about wearing braces.

The growing demand for cosmetic dentistry is one of the key drivers of the self-ligating bracket sales market. As more and more people are looking for ways to improve their appearance, they are turning to orthodontic treatment to straighten their teeth. Self-ligating brackets are a popular choice for cosmetic dentistry because they offer a number of advantages over traditional braces, including reduced treatment time, improved comfort, and better aesthetics.

Another key driver of the self-ligating bracket sales market is the increasing prevalence of malocclusion (misaligned teeth or jaws). Malocclusion is a common condition that can affect people of all ages. It can be caused by a number of factors, including genetics, environmental factors, and thumb sucking. Self-ligating brackets are an effective treatment for malocclusion, and they are becoming increasingly popular among orthodontists.

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Key Takeaways:

  • The self-ligating bracket sales market is expected to grow at a CAGR of 6.6% over the forecast period, from US$ 377.9 Million in 2023 to US$ 717.1 Million by 2033.
  • The growing demand for cosmetic dentistry and the increasing prevalence of malocclusion are the key drivers of the market.
  • Active self-ligating brackets are the most popular type of self-ligating bracket, and they are expected to remain the dominant segment over the forecast period.
  • Dental clinics are the largest application segment, and they are expected to remain the dominant segment over the forecast period.
  • North America is the largest regional market, and it is expected to remain the dominant segment over the forecast period.

The self-ligating bracket sales market is poised for significant growth in the coming years. The growing demand for cosmetic dentistry and the increasing prevalence of malocclusion are the key drivers of the market. The key players in the market are focusing on developing new products and technologies to meet the growing demand for self-ligating brackets.

Key Companies Profiled:

  • 3M
  • Dentsply Sirona
  • Great Lakes Orthodontics
  • Ormco Corporation
  • Rocky Mountain Orthodontics
  • BioMers Pte Ltd
  • American Orthodontics
  • G&H(r) Orthodontics
  • All-Star Orthodontics
  • Biocetec Co., Ltd.
  • Forestadent Bernhard Forster GmbH
  • Biomaterials Korea, Inc.

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Key Market Segments Covered in the Industry Research:

Product:

  • Active Self-Ligating Brackets
  • Passive Self-Ligating Brackets

Indication:

  • Metal
  • Ceramic

End User:

  • Hospitals
  • Dental Clinics
  • Group Dental Practices
  • Academic & Research Institutions

Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Kraft Paper Shopping Bag Market Report: Industry Size to Reach US$ 7.47 Billion by 2032

The kraft paper shopping bag market is poised to demonstrate a favourable Compound Annual Growth Rate (CAGR) of 3.9% throughout the forecast period. At present, the market holds a valuation of US$ 5.2 billion and is anticipated to attain a market size of approximately US$ 7.47 billion by the year 2032.

The Kraft Paper Shopping Bag Market is influenced by several key drivers that contribute to its growth and adoption across various industries. These drivers shape market dynamics and impact the demand for kraft paper shopping bags.

The Kraft paper shopping bags market is experiencing growth driven by escalating concerns about climate change and a surging demand for biodegradable paper shopping bags. Consumers are increasingly conscious of the environmental impact of their choices and are favoring biodegradable products. This heightened awareness is contributing to a significant uptick in the sales of kraft paper shopping bags.

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Key Drivers and Restraints to the Kraft Paper Shopping Bag Market

“In recent times, there has been a notable surge in the popularity of paper-based packaging, with a particular focus on kraft paper shopping bags. This growing trend reflects a heightened emphasis on enhancing packaging aesthetics and prolonging product shelf life to attain the pinnacle of quality.

Kraft paper shopping bags are favored for their unmatched convenience and durability when compared to other types of paper bags. As a cost-effective packaging solution, these bags are expected to open up significant growth avenues for the kraft paper shopping bag market in the foreseeable future, driving increased sales.

The versatility of kraft paper shopping bags extends across multiple industries, including food & beverages, personal care & cosmetics, electrical & electronics, textiles, and more. Additionally, the inherent printability of these bags not only enhances the visual appeal of the packaged products but also contributes to increased brand awareness.

However, it’s essential to address the growing concerns surrounding deforestation, which presents a formidable challenge to paper production. This issue, while posing difficulties, underscores the urgent need to strike a balance between the surging demand for kraft paper shopping bags and the imperative sustainability of the paper industry. In this paper, we delve into the dynamics of the kraft paper shopping bag market, shedding light on its eco-friendly qualities, market potential, and the hurdles it faces on the path to sustainable growth.”

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Kraft Paper Shopping Bag Market opportunities

The Kraft Paper Shopping Bag market is on the brink of transformative growth, presenting a plethora of exciting opportunities. As the demand for sustainable, durable, and visually appealing packaging solutions continues to rise, this paper explores the key avenues for expansion within the Kraft Paper Shopping Bag market. It highlights the market’s potential for innovation, diversification across industries, and the pivotal role it plays in the evolving landscape of eco-conscious consumer preferences. This paper provides valuable insights into the opportunities that await businesses in this dynamic and promising market.

Recent Market Development:

  • The Mondi group introduced its new series of eco-friendly paper bags that can be used for small, medium and large sizes, pushing the sales of Kraft paper shopping bags.
  • Smurfit Kappa Group has launched its fresh share of packaging like industrial and retail type of paper bags, increasing the sales of kraft paper shopping bags.

Key Players:

Key players in kraft paper shopping bag market include Smurfit Kappa Group, The Mondi Group, International Paper Company, Novolex Holdings Inc, BillerudKorsnas AB and WestRock Company

Segments covered

Material Type

Product Type

Thickness

End Use

Region

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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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Vegan Chocolate Market Surges with 11.9% CAGR Expected to Reach US$ 3,814.2 Million by 2033, Catering to Europe, USA

 The vegan chocolate market stands at US$ 1,233.9 million in 2023. The market is predicted to show phenomenal growth from 2023 to 2033, growing at a CAGR of 11.9%. By the end of 2033, the market is expected to reach US$ 3,814.2 million.

The creation of vegan chocolate has accelerated due to the expanding vegan population. Vegan chocolates are available in a similar assortment to traditional chocolates. Vegan chocolates are popular among consumers and come in a range of varieties, such as dark chocolate, vegan milk chocolate, and confections with nut and vanilla flavours. All of the standard chocolate product variants, such as bars, biscuits, and powder, are also available in vegan chocolate. Technological innovations should lead to more diversity in the market.

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Suppliers of vegan chocolates are appealing to consumers with the ethical nature of the chocolates. Marketing campaigns heavily boast of the animal and dairy-free nature of the products. The plant-based ingredients are given importance in promotional campaigns. Further, producers are also moving along with sustainability trends, making eco-friendly products with sustainable packaging. The rising demand for sugar-free and gluten-free vegan chocolates is also stimulating the market’s growth.

Key Takeaways from the Vegan Chocolate Market Report

  • The vegan chocolate market valuation is US$ 1,233.9 million in 2023.
  • Dark chocolate is winning over consumers. Dark chocolate holds an impressive 68.4% market share by product type.
  • Bars are the most popular form of vegan chocolates. In 2023, bars hold 74.4% of the market share by form.
  • The United States is a lucrative region for the vegan chocolate market. In 2023, the United States accounts for 31.5% of the market revenue.
  • China contributes 13.6% to the market in 2023.
  • Germany is another country where the vegan chocolate industry flourishes. The German market accounts for a share of 9.4% of the market.

“The intersection of vegans and the young crowd represents a significant customer base for the vegan market. The younger generation is willing to spend money on premium products. Brands in the market are packaging chocolates with toys and games to make them appealing to children. The popularity of artisanal and hand-made chocolates is also rising, driving the overall market growth,” remarks Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competition Analysis of the Vegan Chocolate Market

Established players in the chocolate industry are trying to gain a stronghold in the market. However, the field remains open for small-scale vendors. Technology remains an area of concentration for the players in the market as it allows the introduction of new products. Some prominent companies in the market are Mondelez International, The Hershey Company, Schmilk Chocolate (Chocolate Hollow, LLC), Lindt & Sprüngli, Ritter Sport, Hu Chocolate, and Alter Eco.

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Vegan Chocolate Market Key Players

  • Mondelez International
  • The Hershey Company
  • Schmilk Chocolate (Chocolate Hollow, LLC)
  • Lindt & Sprüngli
  • Ritter Sport
  • Hu Chocolate
  • Alter Eco
  • TCHO
  • Endorfin Foods
  • Sjaak’s VGAN Chocolates
  • Divine Treasures LLC
  • Equal Exchange COOP
  • No Whey Chocolate
  • Others

Recent Developments in the Vegan Chocolate Market

  • In October 2023, Smoothie King introduced smoothie bowls with vegan chocolate. Both Açai Cocoa Haze and Coco Pitaya-Yah smoothie bowls contain dairy-free vegan chocolate.
  • In September 2023, Mummy Meegz innovated with the packaging of its oat milk and white chocolate product lines. In collaboration with Parkside, the packaging for the product lines was made sustainable.
  • In January 2020, German brand Vego teamed with Frederick Export to make its products available in the United States.

Key Segments

By Product Type:

  • Raw Chocolate
  • White Chocolate
  • Dark Chocolate
  • Others

By Form:

  • Blended
  • Cookies
  • Bars
  • Granules
  • Liquid
  • Powder
  • Whole
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Photoresist Stripper Market Forecasted to Achieve 5% CAGR, Reaching US$ 757.44 Million by 2033

The global photoresist stripper market is projected to achieve a 5% compound annual growth rate (CAGR), reaching a market value of approximately US$ 757.44 million by 2033. This growth is primarily fueled by the increasing demand for semiconductor devices and electronics in diverse industries. Photoresist strippers play a pivotal role in the semiconductor fabrication process by efficiently removing photoresist coatings from wafers, thereby contributing to the production of top-quality semiconductor devices.

The global photoresist stripper market is a dynamic and integral component of the semiconductor industry. Photoresist strippers play a crucial role in semiconductor manufacturing, aiding in the removal of photoresist materials from wafers after the photolithography process. As technology continues to advance, the demand for smaller, more efficient, and high-performance electronic devices rises, propelling the growth of the photoresist stripper market.

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Market Growth Drivers:

  1. Rapid Advancements in Semiconductor Technology: With each passing year, the semiconductor industry is continually pushing the boundaries of what’s possible. This drive for innovation necessitates advanced photoresist strippers that can handle the requirements of next-generation chips.
  2. Miniaturization of Electronic Devices: The demand for smaller, more powerful electronic devices, such as smartphones, IoT devices, and wearables, is driving the need for improved photoresist stripping technologies to enable finer circuitry.
  3. Emerging Technologies: The growth of emerging technologies like 5G, IoT, and artificial intelligence is creating a surge in demand for semiconductor components, spurring the growth of the Photoresist Stripper Market.
  4. Environmental Concerns: Increasing environmental awareness has led to a shift towards more environmentally friendly photoresist stripper formulations. Companies are developing eco-friendly solutions to meet the changing regulatory landscape.
  5. Asia-Pacific Dominance: The Asia-Pacific region, particularly Taiwan, South Korea, and China, is the epicenter of semiconductor manufacturing. The concentration of fabrication facilities in this region drives significant demand for photoresist strippers.
  6. Research and Development: Ongoing research in material science and chemistry is resulting in novel photoresist stripper formulations with enhanced performance characteristics.

Top Key Players in the Photoresist Stripper Market

  • Lam Research
  • Mattson Technology
  • PSK
  • S3 Alliance
  • Surplus Global
  • Nagase Chemtex Corporation
  • Daxin
  • Technic Inc
  • Solexir
  • Anji Microelectronics
  • Others

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Key Segments

By Product Type:

  • Aqueous
  • Semi-aqueous

By Process:

  • Positive Photoresist Stripping
  • Negative Photoresist Stripping

By Application

  • Via Etch
  • Poly Etch
  • Metal Etch

By End Use:

  • Memory
  • Foundries
  • IDM (Integrated Device Manufacturers)

By Region:

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

About Future Market Insights (FMI)

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

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Future Market Insights Inc.
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T: +1-845-579-5705
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Biliary Tract Cancer (BTCs) Treatment Market will witness a 4% CAGR, bringing it to a value of US$ 4.74 billion by 2033

The global Biliary Tract Cancers (BTCs) Treatment Market is anticipated to reach a market size of US$ 3.2 billion in 2023 and US$ 4.74 billion by exhibiting a CAGR of 4% from 2023 to 2033. From 2018 to 2022, the market for biliary tract cancers (BTCs) treatment experienced a 3% CAGR.

BTCs are a group of rare and aggressive cancers that affect the biliary system, which includes the bile ducts, gallbladder, and liver. These cancers are often diagnosed at an advanced stage, making treatment challenging. However, recent advancements in diagnosis and treatment have improved the survival rates of patients with BTCs.

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According to the American Cancer Society, there were an estimated 12,000 new cases of BTCs in the United States in 2020. Additionally, the increasing adoption of minimally invasive procedures for the treatment of BTCs is also expected to drive market growth. The high cost of treatment and the lack of awareness among patients and healthcare providers about BTCs are some of the major challenges. However, the report suggests that government initiatives to raise awareness about BTCs and provide funding for research and development are expected to overcome these challenges in the coming years.

Key Takeaways from the Market Study:

  • The market for treatments for biliary tract cancers (BTCs) expanded at a CAGR of 3% from 2018 to 2022.
  • Between 2023 and 2033, the market for biliary tract cancers (BTCs) treatment is anticipated to expand at a 4% CAGR.
  • The market for treating biliary tract cancers (BTCs) is anticipated to reach US$ 4.74 billion by 2033.
  • The injectable market share is the greatest, according to the Future Market Insights research.
  • In the market for biliary tract cancers (BTCs) treatments, North America is anticipated to hold a 40% market share.
  • The East & South Asia market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.

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“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Biliary Tract Cancers (BTCs) Treatment.” says an FMI analyst

Market Competition:

Key players in the market include companies such as Incyte Corporation, Loxo Oncology, Bayer, Roche, Genentech, Agios Pharmaceuticals, Servier Pharmaceuticals, Merck Sharp & Dohme, AstraZeneca, Taiho Oncology, Delcath Systems, Eisai, TransThera Sciences (Nanjing), Basilea Pharmaceutica, Zymeworks, and BeiGene, along with healthcare providers and technology companies among other global players.

  • In September 2022, Durvalumab (Imfinzi, AstraZeneca UK Limited) was granted approval by the Food and Drug Administration on September 2, 2022 for treating adult patients with locally advanced or metastatic biliary tract cancer (BTC) in combination with gemcitabine and cisplatin. In the TOPAZ-1 (NCT03875235) trial, which was a randomized, double-blind, placebo-controlled, multiregional study, the efficacy of the treatment was evaluated. The trial enrolled 685 patients who had histologically confirmed locally advanced unresectable or metastatic BTC and who had not previously undergone systemic therapy for advanced disease.

The demographics of the trial showed that 56% were Asian, 37% were White, 2% were Black, and 4% were of other races, while 7% were Hispanic or Latino. In terms of gender, 50% were male and 50% were female, with a median age of 64 years (ranging from 20-85). 47% of the participants were 65 years or older. In the trial, 56% of patients had intrahepatic cholangiocarcinoma, 25% had gallbladder cancer, and 19% had extrahepatic cholangiocarcinoma.

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global Biliary Tract Cancers (BTCs) Treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis of Product Type, Molecule Type, Route of Administration, Drug Class & Region.

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Key Segments Profiled in the Biliary Tract Cancers (BTCs) Treatment Industry Survey

Drug Class:

  • Durvalumab
  • Zanidatamab
  • Ramucirumab

Route of Administration:

  • Inhalation
  • Intravenous
  • Intranasal
  • Subcutaneous
  • Oral
  • Parenteral

Molecule type:

  • Antibody
  • Antisense oligonucleotides
  • Immunotherapy
  • Monoclonal antibody
  • Peptides
  • Protein
  • Small molecule
  • Stem Cell

Product Type:

  • Mono
  • Combination
  • Mono/Combination

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
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Small-Scale Bioreactors Market Aims for US$7.71 Billion by 2033| Future Market Insights,Inc.

The Small-scale Bioreactors Market By 2033, the market is expected to be worth US$ 7.71 billion. The market is expected to grow at a CAGR of 14.8% over the forecast period. FMI estimates the market to be worth US$ 1.94 billion in 2023.

New therapies are expected to be increasingly developed in the coming years due to the increased likelihood demand for dedicated manufacturing processes. These processes can be successfully achieved by the use of small-scale bioreactors, consequently leading to their high demand.

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As the years go by, automation and control systems are constantly improving alongside. As a result, it is expected to become easier to optimize and regulate small-scale bioreactors, making them more cost-friendly and efficient.

Moreover, heightened adoption of ceaseless manufacturing processes has been witnessed. Thus, gaining popularity in the pharmaceutical industry is aptly suited for the use of small-scale bioreactors. The booming pharmaceutical industry is expected to be favorable for these bioreactors in the years to come.

Advances in gene and cell therapies and their consequent approval by relevant authorities are expected to enhance the market scope for small-scale bioreactors. This can be ascribed to the increasing demand for scalable and versatile manufacturing processes. Thus leading to successful recognition by the use of small-scale bioreactors.

Immunization campaigns throughout the world over are expected to enhance product sales in the stipulated time frame. Moreover, government bodies across the world are financially supporting biopharmaceutical research. For instance, in April 2020, the government of South Korea allocated US$ 250 million to introduce the Vaccine Innovative Technology Alliance (VITAL). This is expected to help with vaccine production, research, and use.

Going forward, the demand for personalized medicine is anticipated to grow. As a result, the demand for small-scale bioreactors to develop small batches of customized therapies is expected to bolster market growth. In addition to this, the market is also observing an upsurge in the trend of patient-centric healthcare.

Top Highlights from the FMI’s Analysis of the Small-scale Bioreactors Market:

  • The 1L–3L capacity segment led the market, by acquiring more than 31% of the total market revenue in 2022.
  • The reusable bioreactors segment held more than 80.05% in 2022 and is predicted to maintain its dominance in the years to come.
  • The single-use bioreactors segment is anticipated to expand at a robust pace over the forecast period.
  • The North America market is expected to lead the market over the stipulated time frame.
  • The Asia Pacific market is projected to expand at a robust pace in the assessment period.

Key Updates from the Small-scale Bioreactors Market Regarding its Competitive Side:

  • In December 2022, Inceptor Bio and Ori Biotech came together to support the nascent level process development. To upscale the growth of Inceptor’s distinct CAR-M, CAR-NK, and CAR-T programs. Inceptor Bio is a third partner to sign up for LightSpeed Early Access Program (LEAP) by Ori. The company can now deploy the fully automated CGT manufacturing platform and digital capabilities before its commercial availability.
  • In April 2022, Lonza and Luzhu Biotech entered a commercial and research license agreement. The agreement aims to utilize GS piggyBac transposon technology and Gene Expression System by Lonza.

Small-scale Bioreactors Market by Category

By Product, the Small-scale Bioreactors Industry is segmented as:

  • Small-scale Reusable Bioreactors
    • Small-scale Stainless Steel Bioreactors
    • Small-scale Glass Bioreactors
  • Small-scale Single-use Bioreactors

By Capacity, the Small-scale Bioreactors Industry is categorized as:

  • Small-scale Bioreactors of 5 ML -100 ML Capacity
  • Small-scale Bioreactors of 100 ML-250 ML Capacity
  • Small-scale Bioreactors of 250 ML -500 ML Capacity
  • Small-scale Bioreactors of 500 ML-1 L Capacity
  • Small-scale Bioreactors of 1L-3L Capacity
  • Small-scale Bioreactors of 3L-5L Capacity

By End User, the Small-scale bioreactors Market is segregated as:

  • Small-scale Bioreactors for Pharmaceutical & Biopharmaceutical Companies
  • Small-scale Bioreactors for CROs & CMOs
  • Small-scale Bioreactors for Academic & Research Institutes

By Region, the Industry of Small-scale Bioreactors is segmented as:

  • Small-scale Bioreactors in North America Market
  • Small-scale Bioreactors in Europe Market
  • Small-scale Bioreactors in Asia Pacific Market
  • Small-scale Bioreactors in Latin America Market
  • Small-scale Bioreactors in the Middle East and Africa Market

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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
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Kidney Transplant Market is surging due to the increasing cases of CKD and ESRD, positioning it to reach US$ 9.1 billion by 2033, according to FMI

The global kidney transplant market is expected to grow from US$ 5.80 billion in 2023 to US$ 9.1 billion by 2033, at a CAGR of 4.2% during the forecast period. The growth of the market is attributed to the increasing prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.

CKD is a long-term condition that damages the kidneys and prevents them from working properly. ESRD is the final stage of CKD, in which the kidneys fail completely and the person needs dialysis or a kidney transplant to survive. According to the World Health Organization (WHO), CKD affects approximately 700 million people worldwide. The prevalence of CKD is expected to increase further in the coming years due to the rising prevalence of risk factors such as diabetes, hypertension, and obesity.

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Kidney transplantation is the most effective treatment for ESRD. It offers patients a better quality of life and increased longevity compared to dialysis. However, the demand for kidney transplants is far greater than the supply of donor kidneys. According to the United Network for Organ Sharing (UNOS), over 100,000 people in the United States are waiting for a kidney transplant.

Technological advancements in the field of kidney transplantation are also driving the growth of the market. For example, the development of new immunosuppressive drugs has helped to improve the success rates of kidney transplants and reduce the risk of organ rejection. Additionally, the development of minimally invasive kidney transplant procedures has made the surgery safer and less painful for patients.

Key Drivers of the Kidney Transplant Market:

  • Increasing prevalence of CKD and ESRD
  • Rising demand for kidney transplants
  • Technological advancements in the field of kidney transplantation

Key Restraints of the Kidney Transplant Market:

  • Shortage of donor kidneys
  • High cost of kidney transplants

Key Market Trends:

  • Increasing use of living donors
  • Growing demand for minimally invasive kidney transplant procedures
  • Development of new immunosuppressive drugs

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Key Takeaways:

  • The global kidney transplant market is expected to grow at a CAGR of 4.2% during the forecast period.
  • The growth of the market is attributed to the increasing prevalence of CKD and ESRD, rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.
  • The key drivers of the market include increasing prevalence of CKD and ESRD, rising demand for kidney transplants, and technological advancements in the field of kidney transplantation.
  • The key restraints of the market include shortage of donor kidneys and high cost of kidney transplants.
  • The key market trends include increasing use of living donors, growing demand for minimally invasive kidney transplant procedures, and development of new immunosuppressive drugs.

Key Market Players:

  • Fresenius Medical Care AG & Co. KGaA
  • B. Braun Melsungen AG
  • Baxter International Inc.
  • Medtronic plc
  • Johnson & Johnson
  • Astellas Pharma Inc.
  • Pfizer Inc.
  • Novartis AG
  • Immucor Inc.

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Key Market Segments Covered in the Kidney Transplant Market Industry Research:

Transplant:

  • Deceased-Donor Kidney Transplant
  • Living-Donor Kidney Transplant
    • Direct Donation Kidney Transplant
    • Non-directed Donation Kidney Transplant
    • Paired exchange Kidney Transplant

Age Group:

  • Adult
  • Pediatric

End User:

  • Transplant Centres
  • Hospitals
  • Academic and Research Institutes

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
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube