Lactoferrin Market Poised to Reach US$ 711.0 Million by 2033

According to Future Market Insights’ new analysis, the global lactoferrin market size is estimated to reach US$ 247.0 million in 2023. Total lactoferrin sales are anticipated to increase at 4.7% CAGR between 2023 and 2033, totaling a revenue of US$ 711.0 million by 2033.

The growing use of lactoferrin in infant formulas, therapeutic nutrition, and dietary supplements is expected to boost the global lactoferrin market forward.

Lactoferrin is a multifunctional protein found in mammalian milk. It is popular all over the world due to its antioxidant, antiviral, antibacterial, and anti-inflammatory properties.

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Lactoferrin is being used more and more in newborn feeding, nutritional supplements, and a range of other healthy meals. As a result of increased production and consumption of these commodities, lactoferrin sales will increase over the projection period.

Over the next ten years, the rising prevalence of disorders such as anaemia, diarrhoea, blood infection, and a variety of other conditions is predicted to drive a significant need for supplements such as lactoferrin.

Lactoferrin has become an excellent iron supplement for pregnant women with low iron levels. In addition, it is used to treat diarrhoea, ulcers, hepatitis, and blood infections. Over the assessment period, increasing awareness of the potential benefits of lactoferrin is likely to provide profitable revenue-generation prospects for lactoferrin manufacturers.

Lactoferrin, a nutraceutical protein that plays an important role in neurodevelopment and neuropathic processes, is in high demand among therapeutic nutrition product makers.

Clinical nutrition application of lactoferrin is gaining traction with FMI estimating this segment to accelerate at 7.3% CAGR between 2023 and 2033.

Lactoferrin is also considered a cationic glycoprotein, being used as a nutritional ingredient in different food & beverage products, such as food supplements, non-alcoholic beverages, and sports nutrition products.

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The future of lactoferrin adoption depends on the food & beverage companies, especially brands making baby foods and dietary supplements, who are motivated to comply with the food safety certification requirements and necessary environmental standards.

As a result, more innovation across the value chain is required to increase the adoption rate of the product, driven by a new food revolution generated through consumer tastes and preferences while leveraging automation effectively.

Key Takeaways from the Lactoferrin Market Study:

  • Global sales of lactoferrin are forecast to rise at 4.7% CAGR throughout the assessment period.
  • By form, powdered lactoferrin segment accounts for a market share of 88.9%.
  • Based on application, infant formulas segment currently holds a prominent share of 35.9% while the clinical nutrition segment is anticipated to witness a lucrative growth rate of 7.3% CAGR between 2023 and 2033.
  • Europe remains the leading producer of lactoferrin and it held around 31.1% of the global lactoferrin market in 2022.
  • Demand for lactoferrin across South Asia is expected to increase at 7.7% CAGR during the projection period.

“Growing inclination towards high nutritional and healthy food products across the world is expected to create lucrative growth prospects for lactoferrin market during the forecast period. Hence, key lactoferrin manufacturers are introducing lactoferrin-based products with exotic flavors and innovative packaging to attract more consumers,” says a lead analyst at FMI.

Who is Winning?

Leading companies offering lactoferrin are Fonterra Co-operative Group, Glanbia plc, Milei Gmbh, Nestle SA, Pharming Group NV, Farbest Brands, NutriScience, Bega Cheese Group, Ltd, InVitria, Vitalus Nutrition Inc., and others.

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Get Valuable Insights into Lactoferrin Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the lactoferrin market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling and detailed insights on the lactoferrin market based on form (powder and liquid), and application (sports nutrition, infant formulas, clinical nutrition, veterinary nutrition, personal care, food nutrition, and others) across seven key regions.

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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Global Orthopedic Trauma Device Industry’s Impressive 7.1% CAGR Leading to US$21.2 Billion by 2033 | FMI Insights

The Global Orthopedic Trauma Device Industry is on a remarkable growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 7.1% from 2023 to 2033. According to the latest report by Future Market Insights titled “Orthopedic Trauma Devices Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028,” the market value is set to surge from $10.7 billion in 2023 to $21.2 billion or more by 2033.

This substantial expansion in the orthopedic trauma device market is primarily attributed to the rising incidence of fractures resulting from road accidents and sports-related injuries. The market is expected to achieve a promising CAGR of 6.8% over the next decade. By the close of 2028, the orthopedic trauma devices market is estimated to surpass global revenues exceeding $14 billion.

Local players within regional markets continue to wield significant influence, as highlighted by the report. The orthopedic trauma device market’s growth is fueled by advancements in medical technology, an aging population, and increasing awareness regarding orthopedic healthcare.

A bright future for the market is foreseen, with the advent of 3D printing technology offering a multitude of growth opportunities, particularly in the realm of 3D-printed orthopedic implants. Furthermore, the rising trend of reverse shoulder arthroplasty is set to create significant prospects. The emergence of digital orthopedics will continue to be a driving force behind market growth up to 2028, as stated by a research analyst at Future Market Insights.

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Based on the regional analysis, the global orthopedic trauma devices industry will continue to witness dominance in North America, which currently accounts for a major portion of the total revenues. With around 48% value share observed in 2021, North America’s orthopedic trauma devices industry is estimated to attain a value of over US$ 6 Bn by the end of 2028. Western Europe is also identified to be a key market, holding the second-largest position in terms of value.

Manufacturers will however discover attractive opportunities in developing economies, including Asia Pacific, Latin America, and Middle East, and Africa. Among the emerging regional markets, Asia Pacific excluding China and Japan (APECJ) is likely to emerge at a relatively higher pace, followed by MEA. China is expected to be the most lucrative market owing to the highest estimated CAGR value over 2022-2028. The strong presence of key companies will reportedly uplift the markets in North America and China.

A majority of the key companies operating in the global orthopedic trauma market are opting for strategic mergers and acquisitions, in addition to new product launches. According to the report, the tier 1 companies, followed by the tier 3 players, contribute most of the revenue. Tier 1 includes DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., and Smith & Nephew Plc., which collectively represent nearly 70% share of the total market revenues. Among these, DePuy and Stryker will continue to remain the top players worldwide over the next decade. Tier 3 accounts for a relatively decent revenue share and includes brands such as Arthrex, Inc., RTISurgical, Medartis, Integra LifeSciences Corporation, Japan MDM, S. H. Pitkar Orthotools Pvt Ltd, Weigao Group Co Ltd, and Invibio Ltd.

Others operating in the global orthopedic trauma devices industry include Johnson & Johnson Services, Inc., Wright Medical Group NV, B. Braun Melsungen AG, Orthofix International, and OsteoMed. Growing outpatient surgical procedure demand and boosting funds for delivery of the top-notch trauma care are foreseen to collectively create a lucrative pool of opportunities for the leading bunch of companies in the global marketplace. The market is also witnessing the development of novel and effective products for use in trauma care, which stands to be another important opportunity.

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Key Companies Profiled:

  • Medtronic, Inc.
  • Invibio Ltd.
  • OsteoMed
  • Weigao Group Co Ltd.
  • Arthrex, Inc.
  • Johnson & Johnson Company
  • CONMED, Tornier, Inc.
  • Stryker Corporation
  • Zimmer Holding Inc.
  • NuVasive
  • Medartis
  • Olympus Corporation

Key Segments Covered in Orthopedic Trauma Devices Industry Research

Orthopedic Trauma Devices Market by Product Type:

  • Internal Fixators
    • Screws
    • Intramedullary Nails
    • Plates
    • Others (Wires, Pins, Staples)
  • External Fixators
    • Unilateral Fixators
    • Circular Fixators
    • Hybrid Fixators

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Orthopedic Trauma Devices Market by Product Type by End User:

  • Hospitals
  • Orthopedic and Trauma Centers
  • Ambulatory Surgical Centers

Orthopedic Trauma Devices Market by Region:

  • North America Orthopedic Trauma Devices Market
  • Latin America Orthopedic Trauma Devices Market
  • Europe Orthopedic Trauma Devices Market
  • East Asia Orthopedic Trauma Devices Market
  • South Asia & Pacific Orthopedic Trauma Devices Market
  • Middle East & Africa (MEA) Orthopedic Trauma Devices Market

Author

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 5,000 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.
Christiana Corporate, 200 Continental Drive,
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The Glucuronolactone Market: Projected to Reach US$ 256.2 Million by 2033, Sustaining an 8.0% | Future Market Insights

The glucuronolactone market is predicted to be worth US$ 120 million in 2023, rising to US$ 256.2 million by 2033. Glucuronolactone sales are predicted to grow at a considerable CAGR of 8.0% during the forecast period.

The chemical is used as a precursor in the manufacture of vitamin C, which drives industrial growth. In the human body, glucuronolactone is quickly converted and metabolised.

Because of its varied applications in the food and beverage, pharmaceutical, and cosmetic industries, the Glucuronolactone Market is steadily developing. Glucuronolactone, a natural chemical produced in the body, is known for its energising and detoxifying properties. Demand is being driven by the increased emphasis on health and well-being, which is contributing to market expansion.

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The market will be driven by increased demand for instant energy-releasing goods such as Monster, Rockstar, and Red Bull over the projected period. Continuing research and development, together with innovation, is likely to provide new market opportunities over the forecast period.

Key Takeaways from Market Study

  • The market is segmented based on form, wherein powder segmented is anticipated to account for a significant share in the global market in 2022, but tablet & capsule is expected to witness a lucrative growth rate of 7.8% during the forecast period.
  • The North American glucuronolactone market is anticipated to dominate the global market with a market share of around 34.8% in 2022, but East Asia is expected to witness a lucrative growth rate during the forecast period.
  • On the basis of end-use, dietary supplements and energy drinks combinedly dominate the global market in 2022, but cosmetics are expected to witness a lucrative growth rate over the forecast period.

 “The manufacturers in the global market have obtained high-quality technical know-how, broad geographic reach with localized teams, additional service portfolios, and industry expertise. These assets have allowed the manufacturers to quickly grow into a truly global provider offering end-to-end capabilities and leveraging best-in-class solutions, with a brand for high-quality service delivery.” says a Future Market Insights analyst.

Competitive Landscape

Global players anticipate an increase in demand for gluconolactone, primarily from consumers of energy drinks and dietary supplements. Key players are expected to continue expanding their production capacities and improving capabilities by incorporating cutting-edge technologies. The gluconolactone market has grown significantly, owing to increased awareness about the role of gluconolactone in various metabolic activities and the health risks associated with gluconolactone deficiency.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global glucuronolactone market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on the form (powder, liquid, and tablet & capsule), and by end-use (dietary supplement, energy drinks, pharmaceuticals, cosmetics, functional food), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Sorbitan Esters Market Projected to Exceed US$ 1,703.1 Million by 2033 | Future Market Insights

As per the latest market research conducted by FMI, the global sorbitan esters market is expected to record a CAGR of 5.6% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 986.40 millionBy 2033, the valuation is anticipated to reach US$ 1,703.1 million.

Sorbitan esters are artificial sweeteners made by combining sorbitol with common fatty acids such as palmitic, stearic, lauric, and oleic acids. Sorbitan esters are used as emulsifying agents in the production of emulsions, creams, and ointments for use in cosmetic and pharmaceutical applications. They are available in a variety of forms, including paste, liquid, semi-solid, and solid.

The population’s apparent predilection for vegan items has increased demand for sorbitan esters gradually. While the cosmetics industry has a smaller market share than the food industry, it is expected to contribute significantly to market growth.

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The prevalence of numerous bakeries that emphasize the importance of homemade and organic methods of preparation has fueled market growth. Besides that, bread’s popular appeal across numerous nations has promoted commercial expansion.

Competitive Background:

The key players operating in the sorbitan esters market are investing in mergers and acquisitions to gain a significant market share. The manufacturers are also investing in research and development and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the sorbitan esters market. As a result, market participants are likely to have a better overall revenue share in the global sorbitan esters market.

Key Takeaways:

  • The sorbitan esters market is predicted to record a CAGR of 5.6% through 2033.
  • The FMI predicts that the United States sorbitan esters market is expected to reach a valuation of US$ 346.67 million by 2033.
  • The sorbitan esters market is expected to surpass US$ 1,703.1 million by 2033.
  • The increasing research and development spending by major firms to create new products is likely to drive the growth of the market.
  • The FMI predicts that the United Kingdom sorbitan esters market is expected to reach a valuation of US$ 65.52 million by 2033.
  • The sorbitan tristearate segment is expected to hold a dominant share of 4.8% of the total sorbitan esters market by 2033.
  • The sorbitan esters market is anticipated to reach a valuation of US$ 986.40 million in 2023.
  • The sorbitan esters market recorded a CAGR of 4.2% from 2018 to 2022.
  • The FMI predicts that the sorbitan esters market in China is expected to reach a valuation of US$ 146.64 million by 2033.
  • The food grade segment is expected to record a CAGR of 5.3% CAGR in 2023

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Significant Players in the Market:

  • Danisco
  • Merck KGaA
  • Oleon N.V.
  • Ivanhoe industries, Inc.
  • Vantage Specialty Chemicals, Inc.
  • LEUNA-Tenside GmbH
  • Union Derivan
  • S.A., Sabo S.p.A.
  • SEPPIC
  • Ethox Chemicals, LLC
  • Mosselman s.a.
  • Lonza AG
  • Penta Manufacturing Company
  • Lasenor Emul, S.L

Sorbitan Esters Market by Category

By Product Type:

  • Sorbitan Tristearate
  • Sorbitan Monostearate
  • Sorbitan Monooleate
  • Sorbitan Trioleate
  • Sorbitan Monopalmitate
  • Sorbitan Monolaurate
  • Sorbitan Sesquioleate

By Application:

  • Cosmetics and Personal Care Products
    • Facial Care
    • Body Care
    • Others
  • Food and Beverage Processing
    • Confectionery
    • Bakery
    • Oil and Fats
    • Non-alcoholic Beverages
    • Alcoholic Beverages
    • Soups, Sauces, and Gravies
  • Pharmaceuticals
  • lubricants and Waxes
  • Animal Nutrition and Pet Food
  • Industrial
  • Textiles

By Form:

  • Liquid
  • Solid/Powder
  • Semisolid/Paste

By Grade:

  • Food Grade
  • Industrial Grade
  • Pharmaceutical Grade

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Global Cellulite Treatment Industry Surges towards US$5.2 Billion Valuation with a Striking 7.8% CAGR | FMI Analysis

Future Industry Insights, a leading research authority, has unveiled a groundbreaking report delving into the present landscape and future prospects of the Global Cellulite Treatment Industry. The report, aptly titled “Cellulite Treatment,” foresees an unprecedented surge in the Cellulite Treatment Industry, poised for remarkable growth with an impressive Compound Annual Growth Rate (CAGR) of 7.8%. By 2028, it is anticipated to achieve a remarkable market valuation of US$ 5.2 billion.

Cellulite, a predominantly women’s health concern, is experiencing a surge in prevalence. The increasing prevalence of this medical condition aligns with the growing complexity of health-related issues observed among women. Our report highlights this demographic disparity, where women are disproportionately affected by cellulite compared to men.

The “Cellulite Treatment” report provides a comprehensive and in-depth analysis, making it an invaluable resource for stakeholders, industry experts, and healthcare professionals. This research report offers insights that not only anticipate the industry’s significant growth but also shed light on the evolving dynamics of cellulite treatment on a global scale.

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Hard Cellulite Predicted to Hold an Attractive Market Share in the Near Future

One major driver behind the growth of the cellulite treatment Industry is the increasing number of obese population. There is also an increased number of cases of fat deposition. The people who are comparatively overweight mostly face this problem, in turn triggering the demand for cellulite treatment. These cases have helped people grow aware of cosmetic surgeries and have also broadened the scope of these surgeries in the market. There’s a significant rise in aesthetic procedures taking place worldwide.

Especially in Brazil, where there were around 5,500 cosmetic surgeons performing the second highest number of aesthetic procedures after the U.S. Around 1,450,020 minimally invasive and non-surgical procedures were performed in Brazil in 2016. Among different types of cellulite, hard cellulite is expected to register a growth rate of around 7.8% during 2022-2028, which is higher than other cellulite types.

North America Slated for Strongest Projections in the Global Cellulite Treatment Industry

Among the major regional divisions made for the research conducted on the global cellulite treatment Industry, North America shows the strongest prospects with an expected market value of over US$ 2,100 Mn by the end of 2028, growing at an impressive CAGR of 8.1% during the forecast period. The growth is helped by North America’s moderate economy and healthcare market.

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Also, in the U.S., a large base of the population, especially youngsters, suffer from fat deposition-related disorders. The region is also ahead of other regions due to its developed economy and advanced facilities. The cellulite treatment involves advanced techniques which are also costly for people to afford. This makes the market more prominent in developed regions like North America.

Key Segments of Cellulite Treatment Industry Survey

Cellulite Treatment Industry by Treatment Procedure:

  • Non-Invasive Cellulite Treatment
  • Minimally Invasive Cellulite Treatment
  • Topical Cellulite Treatment

Cellulite Treatment Industry by Cellulite:

  • Soft Cellulite
  • Hard Cellulite
  • Edematous Cellulite

Cellulite Treatment Industry by End User:

  • Cellulite Treatment in Hospitals
  • Cellulite Treatment in Ambulatory Surgical Centres
  • Cellulite Treatment in Specialized Dermatology Clinics

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Cellulite Treatment Industry by Region:

  • North America Cellulite Treatment Market
  • Latin America Cellulite Treatment Industry
  • Europe Cellulite Treatment Market
  • East Asia Cellulite Treatment Industry
  • South Asia & Pacific Cellulite Treatment Market
  • Middle East & Africa (MEA) Cellulite Treatment Industry

Author

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 5,000 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 Flavor Enhancer Market Set to Surpass US$ 16,251.1 Million by 2033 | Future Market Insights

Limited-edition flavours and seasonal flavours have the potential to revitalise businesses and provide a great approach to introducing new products to customers. Fruits and vegetables are becoming more and more well-liked, particularly in powder form. The use of food flavour enhancers market is likely to be pushed in the future by the market’s increasing savoury tastes and desire for vegan foods.

According to forecasts, the food flavor enhancer market will be worth US$ 8,736 million in 2023 and US$ 16,251.1 million by 2033. Initially, from 2018 to 2022, the global market was growing at a CAGR of 2.4%.

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As people become increasingly concerned about eating nutritious foods and living healthy lifestyles, the demand for natural and organic food flavour enhancers has risen dramatically. The Food Safety and Standards Authority of India (FSSAI) and the Food and Drug Administration (FDA) of the United States have both implemented severe standards, which has increased demand for safe flavour enhancers.

Customers in rising economies have greater disposable income, making pet adoption easier. As a result, the need for dog and cat food flavor enhancers has soared.

Challenges Reducing Market Profitability

Artificial food flavour enhancer production needs a significant investment in R&D as well as premium raw ingredients. The fluctuating cost of these components may have an impact on the profitability of enterprises who manufacture flavour enhancers.

Governments and health organizations have tight regulations governing the use of some artificial taste enhancers, and these regulations must be adhered to. Any modifications to these rules may alter the availability and application of specific food flavor enhancers, which could impact the market.

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Key Takeaways

  • In 2022, the United States accounted for 7.1% share in the food flavor enhancer market.
  • The food flavor enhancer market was significantly expanding, with a size of US$ 8,400 million in 2022.
  • Market shows amazing opportunities due to the diversity in flavors, and expects a growth rate of 1.04x between 2022 and 2023.
  • The market in China is anticipated to expand at an adequate CAGR of 4.8% by 2033.
  • In 2022, Germany accounted for 4.8% CAGR in the food flavor enhancer market.
  • In 2022, Australia accounted for 2.9% CAGR in the food flavor enhancer market.
  • By 2033, it is expected that the United Kingdom market expansion is likely to expand at a respectable CAGR of 6%.
  • Based on the end use, the food service/HoReCa is likely to lead the market and continue to lead the market.
  • Based on source, the plant-based segment continues to dominate the sector during the forecast period.

Critical Approaches Increasing Top Players’ Wealth

Companies are creating unique flavors, preferably manufactured from ingredients with clean labels that come from natural sources. To keep up with changing consumer preferences and needs, these businesses continually spend in research and development initiatives to create novel flavor enhancers.

Recent Developments

  • 2020 saw the arrival of Givaudan’s new Tastepoint line of natural flavors, which features a range of flavors such as fruit, dairy, savory, sweet, and beverage flavors.
  • Firmenich purchased Senomyx, a US-based business that specializes in creating and marketing flavor compounds, in 2019.
  • Tate & Lyle PLC expanded its operations in Thailand’s tapioca-based industry in February 2021, when it fully bought 85% of Chaodee Modified Starch Co. Ltd. The program gives the business the ability to meet consumer demand for clean-label foods. This also denotes the company’s growth in the Asia Pacific region.

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Key Segment

By Form:

  • Powder
  • Liquid

By Product Type:

  • Glutamates
  • Hydrolyzed Vegetable Protein
  • Yeast Extract
  • Others (Meat Extract, Plant Extract)

By Source:

  • Plant-based
  • Yeast
  • Seaweed
  • Synthetic

By End Use:

  • Soups and Sauces
  • Meat and Seafood
  • Ready Meals/Prepared Foods
  • Dairy Products
  • Snacks, Savouries, and Seasonings
  • Beverages
  • Bakery and Confectionery
  • Foodservice/HoReCa
  • Household/Retail
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • Southeast Asia & Rest of APAC
  • The Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:        

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Decorations and Inclusions Market to Reach US$ 18.8 Billion by 2033

The global decoration and inclusions market is anticipated to exceed US$ 17.1 billion by 2033 from US$ 7.3 billion in 2023. Demand for decorations and inclusions is projected to escalate at a CAGR of 8.1% throughout the forecast period (2023 to 2033).

In the food sector, additions and decorations are used to boost the appeal of meals. They employ a wide range of ornamental approaches. Homemade sweets, fried haywire, chocolate shapes, sprinkles and inclusions are among of the most popular embellishments and additions. Fruit puree, moulded candies, sauces, natural and processed nuts, and pralines add to the visual appeal of bread, cakes, and sweets.

A wide range of sectors have recently seen significant growth on the worldwide market as a result of digitalization. Because of increased internet usage and the ease of online transactions, many manufacturers of decorations and additions are opting to market and sell their items online.

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Numerous consumers prefer to make purchases through online merchants, which encourages businesses to have a presence there. Other locations such as specialty stores and meal delivery services, have also emerged recently.

The increasing usage of autonomous robots for professional services is the primary element driving growth. The food service industry’s demand is predicted to rise, as will the appeal of home bakeries and do-it-yourself cakes. Growing consumer desire for chocolate decorations and inclusions, as well as increased awareness of the nutritional benefits of fruit and nut-based decorations and inclusions, would drive sales.

Key Takeaways from the Decoration and Inclusions Market Study

  • By product type, the chocolate sprinkles and inclusions segment is projected to garner a significant value share by 2023.
  • Based on sales channel, the online retailers segment is anticipated to lead the decoration and inclusions industry during the forecast period.
  • The global decoration and inclusions market is estimated to witness a CAGR of 1% from 2023 to 2033.
  • Top 3 countries in the global decoration and inclusions market are expected to generate a share of around 20% to 25% in the next ten years.
  • In North America, the USA is estimated to dominate the decoration and inclusions market by holding the lion’s share in 2033.

“As consumers are inclining toward how their food looks, the Decoration and Inclusions Market is on a rise. Hotels, restaurants, bakeries, and cafes are using these to garnish their products, which is ultimately making their end product look more appetizing,” says a lead analyst at Future Market Insights.

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Competitive Landscape: Decoration and Inclusions Market

Rising demand from the food processing industry, as well as increasing familiarity with decorations and inclusions would augment sales in the market. Due to rising demand for baked goods, value-added goods, decorations, and inclusions from the confectionery sector, the market is expanding worldwide.

Owing to improvements in production and processing technologies, application areas for decorations and inclusions have expanded during the last few years. Numerous factors, including thermal stability, freeze/thaw, moisture content, and shelf stability may limit the use of decorations and inclusions in niche application areas.

A few of the leading players operating in the Decoration and Inclusions Market are Barry Callebaut, Cargill, Inc., Carroll Industries NZ Ltd., Dawn Food Products, Inc., Delicia B.V., Dobla Chocolate, Dr. Oetker AG, HLR praline, ICAM S.p.A., Kanegrade Ltd., and other players.

Get Valuable Insights into Decoration and Inclusions Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Decoration and Inclusions Market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the Decoration and Inclusions Market based on product type (chocolate sprinkles & inclusions, chocolate shapes, chocolate cups & shells, sugar sprinkles & inclusions, sugar shapes, preserved/dried fruit pieces, sweetened/caramelized nuts, roasted nuts, baked pieces, sugar pastes & icings), end use (industrial/food & beverage processing, bakeries & pastry shops, confectionery shops, restaurants & hotels, household), sales channel (direct sales/business-to-business, indirect sales/business-to-consumers, intermediate/bulk distributors, brick & mortar retailers, online retailers), and regions.

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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 Varicella Zoster Infection Treatment Industry to Soar at 4.1% CAGR, Reaching US$ 2.0 Billion by 2028

The Global Varicella Zoster Infection Treatment Industry is poised for remarkable growth, with a predicted value of over US$ 1.5 billion in 2020 and an expected Compound Annual Growth Rate (CAGR) of 4.1% that is projected to reach US$ 2.0 billion by 2028, as reported by Future Market Insights.

Acyclovir Leads the Way: In 2022, acyclovir is set to dominate the global varicella zoster infection treatment market, accounting for more than 55.7% of the market share, according to the latest data from Future Market Insights.

Understanding Varicella: Varicella, commonly known as chickenpox, can lead to complications such as secondary bacterial skin infections, cerebellitis, encephalitis, hemorrhagic complications, and viral and bacterial pneumonia when it manifests acutely. The epidemiology of varicella is influenced by climate, with 90% of people in temperate climatic regions becoming infected before adolescence. In tropical climates, Varicella Zoster Virus (VZV) infection occurs later in life, and adults are more susceptible to it than children.

The Challenge of Herpes Zoster: Herpes zoster, or shingles, is a sporadic disease caused by the reactivation of latent VZV in the sensory nerve ganglia. It is characterized by severe pain with a dermatomal distribution and, at times, followed by post-herpetic neuralgia, which can be chronic and debilitating among the geriatric population.

As the Varicella Zoster Infection Treatment Industry continues to evolve, these insights provide valuable information for stakeholders, healthcare professionals, and researchers. The market’s upward trajectory highlights the importance of continued research and development in this critical healthcare segment.

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Though herpes zoster can occur at any age, most of the cases are reported after the age of 50 along with increasing risks of complications.

In order to cater to the needs of the patients and provide a potential treatment for this infection, companies are entering into strategic partnerships in order to make use of the technology of the other leading companies and are also focussing on research and development.

Risk of Varicella in Pregnancy and the Need to Adhere to the Guidelines of Chickenpox Treatment to Bode Well for the Market

Primary infection with varicella zoster in pregnancy may cause maternal mortality or serious morbidity issues. A particular guideline issued in 2015 assesses the evidence regarding maternal and fetal risks of varicella-zoster virus infection in pregnancy. The U.K. Advisory Group and Swiss and Canadian national guidelines prescribe procedures for the use of antiviral drugs in pregnancy. The U.K. Advisory Group provides guidelines for chickenpox as well.

These guidelines recommend oral acyclovir, which should be prescribed for pregnant women within 24 hours once they present the onset of the rash and if they have 20+0 weeks of gestation or beyond. Guidelines are unanimous nevertheless, in recommending that intravenous acyclovir be administered in cases of severe maternal infection. This factor along with the fact that the rate of exposure and transmission is extremely high in this infection and is a threat for pregnant women and kids, is expected to boost the growth of the varicella zoster infection treatment industry.

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Natural Products to Challenge Market Growth

Several people opt for other treatment options for herpes zoster and varicella. These alternative treatment options are expected to hamper the growth of the antiviral drugs market for varicella zoster infection treatment. Homeopathy, supplements, and other natural herbal medicines are used to treat herpes zoster and varicella.

Key Players:

  • Novartis AG,
  • Pfizer Inc.,
  • Abbott Laboratories,
  • Sun Pharmaceuticals Industries Ltd.,
  • Valeant Pharmaceuticals International Inc.,
  • Teva Pharmaceutical Industries Ltd.,
  • Dr. Reddy’s Laboratories, ltd.,
  • Mylan N.V.  and
  • GlaxoSmithKline

Varicella Zoster Infection Treatment – Market Segmentation – by Category

By Drug Type:

  • Acyclovir
  • Valacyclovir
  • Famciclovir

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By Route of Administration:

  • Oral
  • Injectable
  • Topical

By Distribution Channel:

  • Hospital pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Drug Stores

Author

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 5,000 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 Swine Respiratory Diseases Treatment Industry Soars to a US$3.6 Billion Valuation with 6.3% CAGR, | According to FMI

The Global Swine Respiratory Diseases Treatment Industry is on an impressive trajectory, projected to reach a valuation of US$ 2.0 billion by the end of 2022, with an impressive Compound Annual Growth Rate (CAGR) of 6.3% anticipated from 2022 to 2032. By the conclusion of this decade, the market is estimated to be worth an impressive US$ 3.6 billion.

In a significant development, Mycoplasma has emerged as the market leader in the causative agent section, commanding a substantial 35.2% share of the Swine Respiratory Diseases Treatment industry in 2021.

Swine respiratory infections fall into two distinct categories, classified by the scale and duration of the observed conditions. The first category encompasses infections that affect a substantial number of pigs, posing a potential threat, yet exhibiting a brief duration. On the other hand, the second category comprises diseases that affect a large swine population over an extended period.

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PRRS (porcine reproductive and respiratory syndrome), the most common respiratory disease in pigs, is treated with drugs and immunizations that aid in the treatment or prevention of swine respiratory infections. Medication is used to treat swine respiratory disorders in a variety of ways, including injections and in-feed inclusions. Vaccination is a biological tool used to boost disease immunity. Live, attenuated vaccines and dead, inactivated vaccines are the two major types of immunizations used to prevent swine respiratory diseases.

Global Swine Respiratory Diseases Treatment Industry: Segmental Highlights

The market is segmented on the basis of the causative agent, treatment type, route of administration, distribution channel, and region.

  • The United States dominates the North American swine respiratory disease treatment market, with a total share of around 52.9% in 2021. It is predicted to continue growing at the same rate during the projection period.
  • In 2021, Canada owned around 47.1% of the North American Swine Respiratory Diseases Treatment industry, and it is predicted to develop at a profitable CAGR of 6.7% during the forecast period.
  • During the projected period, Germany is expected to demonstrate a CAGR of roughly 5.8% in the European swine Respiratory Diseases Treatment market.
  • Causative agents based on Mycoplasma are predicted to expand rapidly, with a CAGR of 6.1% by the end of the projection period.
  • By the end of the projection period, the pharmaceuticals segment is predicted to rise rapidly at a CAGR of 6.1%.
  • By the end of the forecast period, the oral route of administration is predicted to rise at a CAGR of 6.3%.

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Global Swine Respiratory Diseases Treatment Industry: Dynamics

The market forecast for various segments is based on the factors that are impacting the global market. According to Future Market Insights analysis, the market is driven by an increase in the rate of diseases such as PRRS (Porcine reproductive and respiratory syndrome), the high demand of pork, and increase in the use of vaccines that are given to pigs in order to produce disease free pork.

However, there are a few factors prevailing in the market that may have a negative impact on the market such as stringent regulation by FDA to limit the use of antibiotics for farm animals and also lack of awareness in many countries where the pig farm owners are unaware of the diseases and treatment processes.

Global Swine Respiratory Diseases Treatment Industry: Competitive Analysis

This comprehensive research report includes brief profiles of various major companies operating in the global market such as Zoetis, Bayer AG, Boehringer Ingelheim GmbH, Elanco Animal Health (Sub. Eli Lilly), Virbac, Norbrook, Ceva Santé Animale, Intervet Inc., (Sub. Merck & Co. Inc.), Vetoquin.

Segmentation of the Global Swine Respiratory Diseases Treatment Industry

The segmentation of the global Swine Respiratory Diseases Treatment industry helps readers simplify the market study and understanding, by dividing the market into different segments on the basis of various parameters. The report provides an individual analysis of each and every segment, thus covering every part of the market.

By Causative Agent

  • Virus
  • Mycoplasma
  • Bacteria
  • Others

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By Treatment Type

  • Drugs
    • Antibiotic
    • Others
  • Vaccines

By Route of Administration

  • Oral
  • Parenteral

By Distribution Channel

  • Veterinary Hospitals
  • Veterinary Clinics
  • Pharmacies
  • Others

Author

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 5,000 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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Chemistry 4.0 Market Poised for Remarkable Growth: Projected CAGR of 9.7% from 2023 to 2033

The chemistry 4.0 market is poised for remarkable growth, with a projected surge from US$ 70.82 billion in 2023 to an impressive US$ 178.73 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 9.7% over the forecast period. This substantial expansion underscores the increasing importance and adoption of cutting-edge technologies and innovations in the field of chemistry, as industries and researchers harness the potential of Chemistry 4.0 to drive advancements and enhance productivity in various sectors.

The primary drivers of chemistry 4.0 market growths are the manufacturing sector’s rapid adoption of artificial intelligence (AI) and the Internet of Things (IoT), as well as rising consumer demand for industrial robots used in the production of pharmaceuticals and medical devices, increasing government investments in additive manufacturing and 3D printing, and expanding use of blockchain technology.

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The need for robots has increased. Additionally, robots, which were formerly more expensive and had fewer possibilities, are now accessible tools that can do a range of tasks. Industrial robots, in particular, are commonly used by people all around the world.

According to a report on the most recent trends in the robotics industry, industrial robots are being used more frequently in production hubs, which has sped up their development, evolution, and improvement. This will probably encourage the growth of the chemistry 4.0 market.

Corporations in North America are adopting the idea of smart manufacturing more and more, and the area is predicted to rule the chemistry 4.0 markets. Europe had the second-largest market share for industry 4.0. To maintain its position in the international market, the European chemistry 4.0 markets have made enormous investments in technologies and expertise.

Japan, China, and South Korea are navigating the Asia Pacific chemistry 4.0 market expansions thanks to their thorough approaches to adopting industrial automation and implementing new technologies in their production system value chain.

Key Takeaways

  • An estimated USD 3,571 billion was spent on sales of chemistry 4.0.
  • From USD 3,826 billion in 2021, sales decreased by 4.5% in 2021.
  • Sales of chemistry 4.0 were accounted for by the BRICS (Brazil, Russia, India, China, and South Africa) countries at 50.5%.
  • Rising Asian economies, particularly those in the Middle East, produced the majority of the sales of chemistry 4.0 in the fourth quarter.
  • With USD 1,731 billion in sales of chemistry 4.0, China is the largest chemical manufacturer in the world.
  • From 16.5% in 2010 to 12.3% in 2020, the United States’ share of global sales decreased.
  • Over the same period, Japan’s chemistry 4.0 market share dropped from 6.8% to 4.1%.
  • China now accounts for 44.7% of chemistry 4.0 market sales, up from 25.9% in 2010.

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Competitive Landscape

The key companies of the chemistry 4.0 market are constantly on the lookout for effective ways to market their goods and consolidate their positions. One such tactic is to partner with other businesses to introduce new products in order to reach more end users.

Key Players

  • BASF
  • Dow
  • Sinopec
  • Sabic
  • Ineos
  • Formosa Plastics[B]
  • ExxonMobil Chemical
  • LyondellBasell Industries
  • Mitsubishi Chemical
  • DuPont
  • LG Chem
  • Reliance Industries
  • PetroChina
  • Air Liquide
  • Toray Industries

Recent Development

  • Merger –

After merging with DuPont in 2017, Dow Chemical became the largest chemical company in the world in 2018, dethroning BASF’s 12-year reign. But in April 2019, DowDuPont split into three separate businesses: Dow, DuPont, and Corteva Agriscience. In 2018, 18 different countries were represented, with more than half of the companies on the list having their headquarters in the United States, Japan, or Germany.

ABB, Inc. and Nestle, Inc. joined forces in March 2021 to put monitoring software in candy factories. By working with leaders in the sector, the company is concentrating on growing its product offering.

  • Agreement

Ansys, Inc. announced a technology agreement with LG Electronics, Inc. in November 2020 to develop a virtual learning portal that Ansys, Inc. has developed.

  • Purchase

HMS Networks AB announced the purchase of WEBFactory GmbH in October 2020 to offer web-based software solutions for the Industrial Internet of Things.

  • Acquisition:

The acquisition of BabbleLabs Technology, Inc. by Cisco Systems, Inc. was announced for October 2020 with the goal of enhancing video meetings through the use of noise-reduction and speech-enhancement technology.

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Key Segments

By Technology:

  • IOT
  • AI
  • Automation

By Application:

  • Consumer
  • Enterprise
  • Industry
  • Construction
  • Manufacturing

By Geography:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • 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:       

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