Bedless Hospitals Market: A Ten-Year Projection of Remarkable Value from 2023 to 2033 | Future Market Insights,Inc.

A region’s hospital count is indicative of its healthcare system. Nowadays, patients are arriving in shorter amounts of time, and the need for bedless hospitals market is growing along with the population. Modern, effective, and reasonably priced therapies and treatments are becoming more and more common as a result of the rising incidence of different diseases. inpatient volume shift to a more economical level.

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Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Bedless Hospitals Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Bedless Hospitals Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Bedless Hospitals Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Healthway Medical Group, AmSurg Corp., Medical Facilities Corporation, HCA Holdings Inc., Tenet Healthcare, Surgical Care Affiliates Inc., Surgery Partners, Community Health Systems, Inc. and Vision Group Holdings

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Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Bedless Hospitals based on Centers Type

  • Single Specialty Centers
  • MultiSpecialty Centers

Bedless Hospitals based on Services

  • Diagnostic Services
  • Surgical Services

Bedless Hospitals based on Specialty Area

  • Gastroenterology
  • Ophthalmology
  • Orthopedics
  • Pain/Neurology
  • Urology
  • Dermatology
  • Others

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

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By Regional Analysis Covered

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

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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Rising Flexitarianism and Health-Conscious Choices Drive Texturized Vegetable Protein Demand: An Insight into Preventive Diets and High-Protein Trends

The Texturized Vegetable Protein (TVP) market is a fast-growing segment of the food industry, providing a plant-based alternative to meat-based proteins. Derived from soybeans and other plant sources, TVP is known for its high protein content, texture, and versatility. Its growth is driven by increasing consumer demand for plant-based and vegan diets, as people seek eco-friendly and health-conscious alternatives to traditional meat products. TVP’s sustainable and ethical attributes make it a popular choice for those looking to reduce their reliance on animal protein.

A rapidly growing segment of the food industry is “texturized vegetable protein,” a plant-based alternative to meat-based protein sources. Textured vegetable protein, also referred to as textured soy protein or textured plant protein, is made from soybeans and other plant-based ingredients. Its high protein content, texture, and versatility in culinary applications make it a popular choice for meat replacements.

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Multiple factors have contributed to the tremendous rise of the worldwide TVP market in recent years. First, the market has advanced due to rising consumer demand for plant-based and vegetarian/vegan diets. People are looking for alternatives to traditional meat products as they grow more ecologically conscious and health conscious. By lowering dependency on animal protein, TVP offers a sustainable and moral choice.

The rising awareness among consumers about a multitude of health benefits of plant-based sources of protein has been aiding the market for texturized vegetable protein. Future Market Insights (FMI) in a new study has forecast the market to exhibit 6.5% CAGR by 2031. Growth forecasts continue to remain positive for the market, thanks to increasing number of vegetarian population worldwide.

Continuously increasing demand for food & beverage products which provide nutritional benefits with sensory taste is one of the major factor driving the demand for texturized vegetable protein. Due to increasing awareness regarding animal cruelty and environmental damages caused by excessive consumption of might the demand for texturized vegetable protein is expected to increase.

These protein sources also contain lower amount of saturated fat and cholesterol as compared to meat products hence are considered to have more health benefits. Among products available, the demand for soy protein is expected to be the highest. As per FMI, the soy protein segment is forecast to account for over 80% of the market through 2031.

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Key Takeaways from the Texturized Vegetable Protein Market Study

The North American texturized vegetable protein industry leads in terms of market size and accounts for 30.1% of the global texturized vegetable protein industry in 2021. The Soy Protein texturized vegetable protein industry is expected to have a market share of 70.0% of the global texturized vegetable protein industry in 2031. In the nature segment, Conventional holds 97.9 % of the texturized vegetable protein market.

In the end-user segment, Industry holds the maximum market share of 76.1% in 2021 of texturized vegetable protein industry where Meat Analogues holds 42.8% globally in 2021. Soy protein has a major share by product type and is anticipated to grow significantly over the forecast period. North America have a large number of companies and thus, majority of companies are emphasizing on offering non-GMO products, which are processed through extrusion-based technology, with enhanced functional properties so that their product can comply with strict requirements of clean label products.

“Benefits of opting vegan proteins are now gaining popularity due to which many big companies are investing in the production and innovation of texturized vegetable protein. Several manufacturers are acquiring or merging with key companies to expand their product portfolio and increase their market share. E-commerce and online stores are easing entry barriers and distribution costs. These factors are expected to make competition fiercer within the market” said a lead analyst at FMI

Who is Winning?

The global population is increasing at a rapid rate and it is expected that the population will be around 9.5 Bn by 2050 from 7 Bn in 2017. The situation is set to put quite a strain on the food and supply of raw material, resulting in the need for alternate protein sources. Key players operating in the market are adopting various strategies, which include expansion of production capacity and launch of various products.

A few of the leading players operating in the texturized vegetable protein market are Archer Daniels Midland Company, CHS Inc., Roquette Frères, Beneo GmbH, Danisco A/S, Vestkron A/S, Cargill Inc., FUJI OIL CO., LTD., Puris Proteins, LLC., MGP Ingredients, Inc., Crown Soya Protein Group, Sotexpro SA, Wilmar International Ltd., Gushen Biotechnology Group Co., Ltd., Ingredion Inc.

Texturized Vegetable Protein Market Key Segments

Product Type

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Rice Protein

Nature

  • Organic
  • Conventional

Form

  • Chunks
  • Slice
  • Flakes
  • Granules

End Users

  • Household
  • Commercial
  • Industry
    • Food Industry
      • Bakery
      • Snacks
      • Ready Meals
      • Sports Nutrition
      • Clinical Nutrition
      • Baby Food
      • Meat Analogues
      • Others
    • 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.

 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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Antimicrobial Nanocoatings Industry Set for Remarkable Growth: Projected to Reach US$ 5,893.7 Million by 2032

The global antimicrobial nanocoatings industry is set to achieve a valuation of US$ 930.5 million in 2022, with a projected steady growth rate of 20.3% from 2022 to 2032. Anticipated to reach a substantial valuation of US$ 5,893.7 million by the conclusion of 2032, this market’s remarkable expansion is driven by increasing demand for advanced antimicrobial solutions across various industries.

Antimicrobial nano-coatings are known to be nanotechnology-based coating techniques that are used to kill both gram-positive and gram-negative bacteria. They can bind to bacterial cell membranes and interfere with bacterial metabolism to create a pathogen-free surface. The demand for antimicrobial nano-coatings is expected to be influenced by certain industrial and innovative factors, including their surging utilization in the healthcare, automotive, food & beverage, and packaging sectors. In addition to that, surging investments in research and development activities and the rising focus of companies toward sustainability are also projected to bode well for the market. As per the estimations, the antimicrobial nano-coatings market is expected to account for around 15%-18% of the global nano-coatings industry.

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Antimicrobial nano-coatings are predicted to gain immense popularity, especially within the healthcare sector owing to their ability to reduce the risk of microbes such as E. coli and legionella. They play a crucial role in maintaining infection control protocols. Furthermore, antimicrobial nano-coatings are also expected to find several drop-in centers, surgical rooms, home care, and hospitals with various products including pull cords, floors, beds, nurse call systems, cubicle curtains, handles, case note holders, paints, and walls. They are known to be effective against viruses, fungi, and certain microorganisms such as methicillin-resistant Staphylococcus aureus (MRSA) and vancomycin-resistant enterococci (VRE), depending on the type of antimicrobial agent used.

Key Takeaways

  • Emerging economies such as India, China, and others have a higher growth potential in the antimicrobial nano-coatings market owing to the rapid growth in the industrial sector. These countries are presenting significant demand for antimicrobial nano-coatings on the back of rapid expansion of the medical & healthcare, food, packaging, as well as building and construction industries.
  • Antimicrobial nano-coatings are actively looking for applications in the healthcare sector in order to create a sterile environment in hospitals. In addition to that, surging investments by key players within the manufacturing industries via domestic and foreign direct investment (FDI) flows are expected to propel the antimicrobial nano-coatings market.
  • All the aforementioned factors are anticipated to create considerable growth opportunities for various companies along with paving way for the antimicrobial nano-coatings market within the global landscape in the assessment period. Furthermore, manufacturers in the automotive, building & construction, medical & healthcare, and food & beverages industries are likely to find a wide variety of applications for antimicrobial nano-coatings in emerging nations.
  • The widespread expansion of the construction industry in numerous countries including Ireland, the U.S., the U.K., Sweden, the Netherlands, Germany, Poland, and Hungary is further projected to drive the global antimicrobial nano-coatings market in the next ten years. Moreover, hefty government funding especially in Europe combined with the presence of supportive measures like incentives, tax breaks, and subsidies, is likely to aid growth.

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Competitive Landscape

Prominent key manufacturers in the global antimicrobial nano-coatings are shifting towards the adoption of plenty of business models, including backward integration and forward integration models. The rising adoption of different business models has aided companies to improve their manufacturing capabilities and avoid disruptions in the supply chain.

Top Key Players in the Antimicrobial Nanocoatings Industry

  • Bio-Gate AG
  • Nilima Nanotechnologies
  • Nano-Care Deutschland AG
  • NANOSONO LTD.
  • GBneuhaus GmbH
  • NANOPOOL GmbH
  • NANOPOOL GmbH
  • NANO4LIFE EUROPE L.P.
  • Vetro Sol
  • Inframat Corporation
  • P2i Ltd.
  • Nanofilm Ltd.

More Insights into the Antimicrobial Nanocoatings Industry

The U.S. is anticipated to dominate the global antimicrobial nano-coatings market by being the key producer and consumer all over the world. The U.S. antimicrobial nano-coatings market was valued at US$ 240.4 Mn in 2021. Growth in the country is attributed to the technological advancements in the medical & healthcare industry, the presence of well-developed healthcare facilities, and the high demand for microbes-free coatings are some of the key driving factors for the antimicrobial nano-coatings market in the U.S.

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Antimicrobial Nanocoatings Industry Outlook by Category

By Substrate:

  • Plastics
  • Glass
  • Metal & Alloys
  • Others

By Material Type:

  • Nano-silver
  • Nano-gold
  • Metal Halides
  • Organic Nanoparticles
  • Nanocomposites
  • Metal Nanohybrids
  • Others

By End-Use Industry:

  • Automotive
  • Building & Construction
  • Consumer Goods
  • Food & Beverages
  • Medical & Healthcare
  • Packaging
  • Textiles
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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North America’s Cold Chain Boosts Durable Insulated Container Industry, Estimated US$ 24 Billion By The Year 2032 Globally

Anticipating substantial growth, the durable insulated containers market is expected to achieve a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period, elevating its value from US$ 12.1 billion in 2021 to an estimated US$ 24 billion by the year 2032.

During the forecast period, North America is poised to take the lead in the sales of durable insulated containers, primarily driven by the region’s burgeoning cold chain logistics industry. This growth in North America is a key factor fueling the demand for durable insulated containers.

Within North America, the United States is expected to maintain a substantial market share in the durable insulated containers segment. Meanwhile, Canada is also anticipated to contribute significantly to the growth of durable insulated container sales.

In Europe, the market for durable insulated containers is expected to trail behind North America in terms of sales but exhibit a noteworthy growth rate during the forecast period. Among European nations, Germany is expected to be the most attractive market, accounting for a significant share of the durable insulated containers market.

Looking further east, the rapid growth of end-user industries and the increased transportation of perishable goods in East and South Asia are projected to drive demand for durable insulated containers. China in East Asia and India in South Asia are likely to maintain their leadership in terms of market share and growth rate within the durable insulated containers market throughout the forecast period.

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Competitive Landscape in the Durable Insulated Containers Market-

  • Cold Chain Technologies,
  • Polar Thermal Packaging Ltd.,
  • Cryopak A TCP Company,
  • Sonoco Product Company (ThermoSafe),
  • SAEPLAST AMERICAS INC.,
  • Snyder Industries, Inc. and
  • Alps Synergy Sdn Bhd

are some of the leading participants in the durable insulated containers market.

Key Propellers to the Durable Insulated Containers Market Share

  1. Cold Chain Logistics Expansion: The growth of the cold chain logistics industry in various regions is a significant driver of the durable insulated containers market. The need to transport temperature-sensitive goods, such as perishable foods and pharmaceuticals, has fueled demand for these containers.
  2. Regional Leadership: North America, especially the United States, and regions like East and South Asia, including China and India, are taking the lead in the durable insulated containers market. Their dominance in market share is due to the growing importance of temperature-controlled transportation.
  3. End-User Industry Growth: The rise of end-user industries that rely on durable insulated containers, such as food and pharmaceuticals, is a key factor propelling market share. These industries depend on maintaining product quality and integrity during transportation.
  4. Perishable Commodity Transport: The increased movement of perishable commodities, both regionally and globally, is contributing to the growing demand for durable insulated containers. These containers are essential for preserving the freshness and safety of such goods.

Recent developments of the Durable Insulated Containers Market:

  • Amcor bought Bemis Company Inc. in June 2019. The merged firm will now trade as Amcor plc (Amcor), with the ticker code AMCR on the New York Stock Exchange and AMC on the Australian Securities Exchange.
  • Sonoco bought Can Packaging, a privately held designer and manufacturer of sustainable paper packaging and associated production equipment headquartered in Habsheim, France, in August 2020 for roughly USD 49 million.
  • Huhtamaki acquired 100% control of its joint venture firm Laminor S.A. in Brazil in March 2020. Laminor, which specialises in high-quality tube laminates for oral care applications, was founded in 2002 as a 50–50 joint venture with Bemis Company, which is now a part of Amcor.

Leading Region in the Durable Insulated Containers Market

The forecast period is expected to witness North America taking the helm in durable insulated container sales, thanks in large part to the region’s burgeoning cold chain logistics sector, which serves as a pivotal driver for these container sales.

The durable insulated containers market is poised to see the United States maintaining a substantial market share, while Canada is anticipated to experience robust growth in durable insulated container sales. Meanwhile, Europe is projected to follow North America in durable insulated container sales and is forecasted to display significant growth throughout the forecast period.

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Key Segments For Durable Insulated Containers Market

By Material Type:

  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
  • Polyurethane (PU)
  • Nylon

By Size:

  • Up to 20 Litre
  • 21 to 50 Litre
  • 51-100 Litre
  • 101-200 Litre
  • Above 200 Litre

By End User:

  • Food
    • Meat, Poultry & Seafood
    • Dairy Products
    • Others
  • Beverages
  • Healthcare & Pharmaceuticals
    • Drugs
    • Vaccines
    • Biological Product
    • Others
  • Specialty Chemicals
  • Others

By Region:

  • 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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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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Essential Fatty Acids Market Expected Growth to Reach US$13.87 Billion by 2033, at a CAGR of 9.9% | FMI

Future Market Insight projects that the global essential fatty acids market could achieve considerable growth, with an estimated value of US$ 13.87 billion by 2033. This remarkable growth is anticipated to be driven by a CAGR of 9.9%. It signifies a substantial rise from the projected value of US$ 5.37 billion in 2023.

Essential fatty acids, such as omega-3 and omega-6, are pivotal in maintaining overall health. They are necessary for brain development, cardiovascular health, inflammation reduction, and immune system support. The heightened awareness of these health benefits among consumers is fostering a strong demand for essential fatty acids.

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As individuals strive to lead healthier lifestyles, there is a growing emphasis on nutritional supplements and functional foods enriched with essential fatty acids. People are increasingly recognizing the significance of a balanced diet and engaging in proactive healthcare measures. This surge in health consciousness is fueling the demand for essential fatty acids across various product forms.

The nutraceutical industry, encompassing dietary supplements and functional foods, has grown substantially in recent years. Essential fatty acids are pivotal in this industry, serving as key ingredients in various health products. The expanding nutraceutical market presents a significant opportunity for the essential fatty acids market players.

The global prevalence of chronic diseases, such as heart disease, obesity, diabetes, and cognitive disorders, is on the rise. Essential fatty acids have demonstrated their potential in reducing the risk and managing the progression of these ailments. Consequently, consumers are increasingly turning to essential fatty acid supplements and functional foods as part of their disease management and prevention strategies.

The pharmaceutical industry has recognized the therapeutic potential of essential fatty acids. Numerous studies have shown that these fatty acids are crucial in maintaining proper brain function, reducing inflammation, improving cardiovascular health, and supporting overall well-being. Hence, it has been actively exploring their use in the development of new drugs for the treatment of chronic diseases.

The food and beverage industry is experiencing substantial growth, with a notable focus on functional and fortified products. Essential fatty acids are incorporated into various food and beverage offerings to enhance their nutritional value and health benefits. This encompasses fortified dairy products, functional beverages, infant formulas, and bakery and confectionery items. The thriving food and beverage industry is driving essential fatty acids market expansion.

Plant-based sources of essential fatty acids, such as flaxseed, chia seeds, hemp seeds, walnuts, and algae, are gaining traction due to their sustainability and potential health advantages. Increasingly, individuals are becoming aware of the environmental impact of animal-based sources and embracing vegetarian and vegan diets. This shift in consumer preferences is fueling the demand for plant-based essential fatty acids.

Essential fatty acids are gaining popularity in the cosmetics and personal care industry due to their potential benefits for skin health and beauty. Omega-3 and omega-6 essential fatty acids, renowned for their moisturizing and anti-inflammatory properties, are sought-after ingredients in skincare products.

To ensure that essential fatty acids are effectively absorbed and utilized by the body, manufacturers are continuously seeking to improve their bioavailability. To enhance the bioavailability of essential fatty acids, manufacturers are developing new delivery systems, such as soft gels, capsules, and powders. These delivery systems aim to improve the stability and release characteristics of essential fatty acids.

Key Takeaways from the Essential Fatty Acids Market

  • The essential fatty acids industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 9.2% through 2033.
  • The United States held a 29.4% share of the global essential fatty acids industry in 2022.
  • With a CAGR of 12.3% over the forecast period, India is predicted to develop rapidly in the essential fatty acids industry.
  • In 2022, Japan had a 4.5% share of the essential fatty acids industry globally.
  • The essential fatty acids industry in China is expected to flourish speedily, registering a CAGR of 10.6% over the forecast period.
  • Germany accounted for 7.9% of the global essential fatty acids industry in 2022.

Competitive Landscape in the Essential Fatty Acids Market

Key players are actively engaged in various strategic initiatives to maintain their market position and drive growth. These initiatives typically include

  • product development and innovation
  • partnerships and collaborations
  • mergers and acquisitions
  • geographical expansion

Companies are investing in research and development to introduce new and advanced essential fatty acid products with enhanced functionalities and health benefits. Additionally, they are forming strategic partnerships and collaborations with suppliers, distributors, and healthcare organizations to expand their market reach and distribution network. Moreover, mergers and acquisitions are also witnessed as key players aim to consolidate their market presence and gain a competitive edge.

Recent Developments by Key Players

Neptune Wellness Solutions Inc. launched Forest Remedies’ Multi Omega 3-6-9 gummies and soft gels in July 2021. These innovative products feature Ahiflower as a prominent ingredient and offer a natural solution for meeting the body’s nutritional needs.

OZiva, a start-up company headquartered in India, revealed in February 2021 their latest introduction of vegan Omega-3 multivitamins. This strategic move aimed to address the evolving needs of health-conscious individuals who prefer plant-based options for their nutritional requirements.

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Essential Fatty Acids Market by Category

By Product:

  • Omega-3 Fatty Acid
    • ALA
    • DHA
    • EPA
  • Omega-6 Fatty Acid
    • LA
    • ARA
  • Omega-7 Fatty Acid
  • Omega-9 Fatty Acid

By Application:

  • Dietary Supplement
  • Infant Formula
  • Pharmaceutical
  • Food and Beverages
  • Animal Food and Feed
  • Cosmetics

By Source:

  • Marine
    • Algal and Fungus Oil
    • Fish Oil
    • Krill Oil
  • Plant
    • Chia Seed Oil
    • Flax Seed Oil
    • Others
  • Dairy Products

By Form:

  • Oil
  • Syrup
  • Powder
  • Others

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Europe Malt Extract Market to Grow Steadily at a 5.6% CAGR through 2026, Predicts Future Market Insights Inc.

The Europe malt extract market is valued at US$ 9.8 Bn in 2021. The market is likely to grow at a CAGR of 5.6% through 2026, reaching US$ 12.9 Bn by 2026.

Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of the Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, the non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are according to a new research report by Future Market Insights.

In 2017, the Europe malt extract market is estimated to be valued at a little over US$ 7,900 Mn and is expected to reach more than US$ 12,900 Mn by the end of 2026, registering a CAGR of 5.6% over the forecast period. The market is estimated to represent an incremental dollar opportunity of US$ 5,411.5 Mn between 2016 and 2026.

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Diastatic malt extract is derived from sprouted grains and is used as a substitute product replacing sugar and honey needed to feed yeast in bakery products. Another important feature of diastatic malt is that it can also reduce the need for additional artificial sugar in bakery products and thus can be labelled as sugar-free. Also, as diastatic malt is rich in vitamins and enzymes, it increases the nutritional value of baked products and also helps in extending the shelf life of baked products.

The key trends influencing the Europe malt extract market include,

  • Increasing preference for gluten-free bakery products: Concerns about rising obesity levels is prompting consumers in Europe to opt for gluten-free bakery products. Gluten-free malt extract is used as a colouring and sweetening agent in a variety of products. Owing to this, it is expected that demand for malt extracts will witness steady growth during the period 2016-2026.
  • Government regulation on additive-free products: The industry-wide focus on additive-free products has led to increased demand for malt extracts, as these reduce the need of adding synthetic flavours, resulting in extended shelf life of products.
  • Marketing aligned with ‘health and wellness’: Manufacturers are focusing on selling the ‘health and wellness’ attributes of malt extracts, by creating relevant marketing campaigns.
  • Preference for sugar-free label products: Non-diastatic malt extracts naturally convert to sugar, reducing the need for addition of sugar. Owing to these factors, demand for malt extracts is expected to witness an increase during 2016-2026.

A Highly Fragmented Market 

Top three players – Group Soufflet, VIVESCIA Industries, and Cargill Incorporated – account for over 28% volume share of the Europe malt extract market. The Europe malt extract market remains quite fragmented fifteen players accounting for nearly 72% volume share. Both established and emerging players are focusing on increasing their production capacity and acquisition of niche players to boost their market position.

The Europe malt extract market was valued at US$ 7.53 billion in 2016. Future Market Insights projects it to grow at 5.6% CAGR during the forecast period 2016-2026, reaching US$ 12.94 billion in revenues.

Barley Remains the Largest Source 

Barley remains the largest source for malt extracts, accounting for nearly 75% revenue share of the market in 2016. In 2016, this segment was valued at US$ 5.63 billion; in terms of volume, demand for barley was worth nearly 9 million tonnes in 2016. Wheat remained the second largest source, followed by rice and rye.

Dry Malt Extracts Continue to Witness Higher Demand

Malt extracts are available in dry and liquid form, with the former accounting for bulk of demand. Demand for dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry malt extract volume is projected to grow at 4.6% CAGR, demand for liquid malt extracts will grow at 3.9% CAGR.

Standard Outsells Speciality 

Future Market Insights has also segmented the Europe malt extract market on the basis of product type into standard and specialty. The standard segment accounted for over 77% revenue share of the market in 2016; this is expected to decrease to 76% by the end of forecast period.

Beverages Largest Application Segment 

Beverages continue to remain the largest application segment of malt extracts. This segment held 48% revenue share of the market in 2016. Bakery and confectionary remain the other key application segments.

Western Europe Accounts for Bulk of the Demand 

Demand for malt extracts is concentrated in Western Europe, owing to the presence of a large number of manufacturers. Future Market Insights projects Western Europe to remain the dominant region for malt extracts during the forecast period.

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Market Taxonomy

By Application:

  • Bakery
  • Confectionary
  • Beverages
    • Alcoholic
    • Non-Alcoholic
  • Animal Feed
  • Pharmaceuticals

By Source:

  • Barley
  • Wheat
  •  Rice
  • Rye

By Product Form:

  • Dry
  • Liquid

By Product Type:

  • Standard
  • Speciality

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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IQF Vegetables Market Poised for a 4.8% CAGR Growth Until 2033, Driven by Increasing Consumer Demand for Convenience and Freshness

The worldwide IQF vegetables market is expected to reach up to US$ 1.68 billion in 2022. The IQF vegetable sector is rapidly expanding as a result of changes in lifestyle and eating habits, as well as the expansion of several big retail chains. It is expected to produce US$ 2.81 billion by 2033, with a CAGR of 4.8% from 2023 to 2033. Convenience foods have displaced other fruits and vegetables due to the high speed of urbanization, particularly in developing nations, as well as expanding disposable income and influence.

IQF (Individual Quick Freezing) vegetables refer to vegetables that are rapidly frozen at extremely low temperatures to preserve their freshness, flavor, and nutritional value. This freezing technique involves individually freezing each piece of vegetable, preventing the formation of ice crystals and maintaining the integrity of the product.

The market for IQF vegetables is increasing as a result of evolving technological developments, attractive packaging, simple storage, and general availability. Market sales have increased dramatically as a result of the availability of balanced refrigeration solutions and linked retail locations. Local mid and small-sized farms provide the majority of the product portfolios in this market.

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Younger people are increasingly searching for foods that can be kept, and consumed right away, and also have a longer shelf life since they are actively involved in numerous professional responsibilities across the world, especially in emerging nations like China and India. In order to save time on a daily basis chopping and buying vegetables, working millennials opt to purchase IQF vegetables. The increase in demand for IQF vegetables appears to be more beneficial for goods that are easy to prepare and consume. Imports of frozen sweet potatoes, mainly from the United States, have risen in the European Union over the past four years, indicating a degree of consumer partiality.

Key Takeaways from the Market Study

  • From 2018 and 2022, the worldwide IQF vegetable industry grew at a CAGR of 3.1%.
  • In the IQF industry, potato is the most popular vegetable type, with a controlling share of more than 26.2% in 2023.
  • Food items containing IQF veggies are predicted to account for more than 76.4% of the market in 2033.
  • In 2022, the US market for IQF vegetables will be worth $479.5 million.
  • With an estimated volume of roughly 878 MT in 2022, the United Kingdom is one of Europe’s top markets for IQF vegetables.

“The main factors driving the market for IQF vegetables are consumers’ rising preferences for frozen goods, their curiosity about novel concepts, and their enthusiasm to sample foods with various nutritional profiles,” remarks an FMI analyst.

Competitive Landscape

Technologies are being developed by businesses to enable the introduction of undiscovered fruits and vegetables that can maintain their nutritional content while lowering manufacturing costs. A growing number of businesses, including Capricorn Food Products India Ltd., Dole Food Co., and J.R. Simplot Co., are making investments in developing innovative IQF vegetable products.

Prominent players in the IQF vegetable industry are:

  • B&G Foods Holdings Corp.
  • Capricorn Food Products India Ltd
  • ConAgra Foods Inc.
  • Dole Food Co.
  • Greenyard NV
  • J.R. Simplot Co.
  • Kerry Group Plc.
  • Pinnacle Foods, Inc.
  • SunOpta Inc.
  • Uren Food Group Limited

Some key developments of the leading companies in this market are:

  • In 2022, TOMRA, a supplier of technology-driven solutions for sophisticated collecting and sorting technologies and food processing with headquarters in Norway, introduced TOMRA 5C, a high-end produce sorting machine using BSI technology. Precision frozen vegetable sorting is made possible by the machine’s innovative design, which features one-of-a-kind high-resolution lasers combined with biometric signature identification (BSI) technology. The system compares good and poor materials using BSI technology and even detects minor flaws.
  • In May 2022, Growers Express, LLC’s frozen vegetable production activities were purchased by B&G Foods, Inc., a US-based manufacturer of premium, branded easily stored and frozen foods, for an undisclosed sum. B&G Foods and Growers’ combined resources should improve innovation initiatives and speed to market through this transaction. Revolutionary frozen vegetable product maker, producer, and retailer Growers Express, LLC is situated in the United States.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global IQF vegetable market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the IQF vegetables market, the market is segmented on the basis of IQF vegetables by type (potato, onion, tomato, carrot), application (food, beverage, concentrate) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Key Segments Profiled in the Global IQF Vegetables Market Survey

By Type:

  • Beans
  • Peas
  • Corn and Baby Corn
  • Broccoli and Cauliflower
  • Potato
  • Onion
  • Tomato
  • Carrot

By Application:

  • Food
    • Bakery, Confectionary & Snack Food
    • Dairy & Dessert
    • Cooking food
    • Ready-to-Eat Food
  • Beverage
    • Juice
    • Other Non-alcoholic Beverages
    • Concentrate

By Region:

  • North America
  • Latin America
  • Europe
  • 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.

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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Toxicology Drug Screening Market is on the Cusp of a Major Overhaul, With a Projected worth of US$ 70.80 Billion by 2033 | FMI

According to Future Market Insight, the global toxicology drug screening market is poised to achieve a remarkable valuation of US$ 70.80 billion by 2033, exhibiting a CAGR of 10.5%. This projection signifies a substantial surge compared to the anticipated value of US$ 25.99 billion in 2023.

The alarming rise in drug abuse and addiction cases has been a driving force behind the growing demand for toxicology drug screening. Governments and organizations worldwide are increasingly recognizing the importance of implementing comprehensive testing programs to tackle this pressing issue effectively. As a result, the toxicology drug screening market is experiencing an upsurge in demand for testing services.

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On a global scale, cancer and heart diseases are the primary contributors to the healthcare burden, posing significant challenges. The rising number of cancer cases has spurred leading companies to prioritize the development of new drugs and therapies, aiming to combat this growing health crisis. Consequently, there is a heightened demand for toxicology drug screenings to ensure the safety and efficacy of these novel treatments, leading to market growth.

The prevalence of occupational drug testing is rapidly increasing across diverse sectors, such as transportation, manufacturing, and healthcare. Employers are keen on ensuring a safe work environment, reducing accidents, and maintaining productivity. Consequently, the demand for toxicology drug screening services has surged significantly.

There is growing recognition among individuals and organizations regarding the significance of drug screening in maintaining public health and safety. Drug testing is increasingly viewed as a preventive measure and an essential tool for identifying substance abuse problems. This heightened awareness and acceptance contribute to the expansion of the toxicology drug screening market.

Governments and regulatory authorities in many countries have implemented strict guidelines and regulations for drug testing. This has led to a rise in mandatory drug testing in safety-sensitive industries like transportation and aviation, further fueling the demand for toxicology drug screening services. Governments and healthcare providers are prioritizing preventive healthcare, including drug screening programs, which further bolsters market expansion.

The pharmaceutical industry and scientific community are working diligently to tackle these formidable challenges by investing in research and development and leveraging technological advancements. The development of cutting-edge drugs and therapies holds the potential to alleviate the burden imposed by chronic diseases, providing hope for millions of individuals affected worldwide.

The demand for toxicity testing is poised to experience significant growth, fueled by remarkable advancements in biotechnology and pharmaceuticals. Exciting developments in emerging fields and innovative techniques are providing invaluable insights into how human tissues react to various chemicals. Moreover, there has been a substantial surge in global spending on pharmaceutical research and development. These are fueling the demand for toxicology screening of drug products. As a result, the toxicology drug screening market is anticipated to experience substantial growth during the forecast period.

Immunoassay-based techniques, as well as chromatographic techniques like GC-MS and LC-MS/MS, have significantly enhanced the accuracy and efficiency of drug screening.

Additionally, the introduction of point-of-care testing devices has further improved accessibility and convenience. These advancements drive the growth of the toxicology drug screening market.

The widespread adoption of point-of-care testing (POCT) has transformed the drug screening landscape, with convenience, rapid results, and cost-effectiveness driving its popularity. The increasing demand for POCT devices and services is likely to open up market growth opportunities.

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Key Takeaways from the Toxicology Drug Screening Market:

  • The toxicology drug screening industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 8.2% through 2033.
  • The United States held a 41.2% share of the global toxicology drug screening industry in 2022.
  • With a CAGR of 10.8% over the forecast period, India is predicted to develop rapidly in the toxicology drug screening industry.
  • In 2022, Japan had a 3.5% share of the toxicology drug screening industry globally.
  • China’s toxicology drug screening industry is expected to flourish speedily, registering a CAGR of 12.8% over the forecast period.
  • Germany accounted for 6.8% of the global toxicology drug screening industry in 2022.

Competitive Landscape in the Toxicology Drug Screening Market:

Key players are at the forefront of driving advancements and innovations in drug screening technologies. These companies are heavily investing in research and development to enhance the accuracy, sensitivity, and efficiency of toxicology screening tests. By leveraging cutting-edge technologies and methodologies, they are striving to deliver comprehensive and reliable toxicology screening solutions that cater to the evolving needs of pharmaceutical companies, healthcare institutions, and government agencies. To solidify their market position and expand their reach, these key players are actively pursuing strategic partnerships, mergers, and acquisitions, thereby strengthening their global presence and broadening their customer base.

Recent Developments by Key Players:

In June 2022, Thermo Fisher unveiled a new liquid chromatography-mass spectrometry (LC-MS) system. The system was developed for forensic toxicology purposes. Its primary objective is to support forensic toxicologists, clinical research toxicologists, employee drug testing facilities, and wellness organizations. The system is designed to keep pace with emerging and illicit drugs.

In April 2022, an OOC company called CN Bio introduced the PhysioMimix “in-a-box” reagent kit. This kit is specifically designed for non-alcoholic steatohepatitis (NASH), a disease that currently lacks regulatory-approved therapeutics for treatment. The PhysioMimix micro-physiological systems (MPS) from CN Bio are used alongside with the NASH-in-a-box (NIAB) kit.

  • Agilent Technologies, Inc.
  • Covance, Inc.
  • Bio-Rad Laboratories, Inc.
  • General Electric Company
  • BioReliance, Inc.
  • Thermo Fisher Scientific, Inc.
  • Eurofins Scientific SE
  • GE Healthcare
  • Quest Diagnostics
  • Alere, Inc.
  • Enzo Life Sciences, Inc.

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Key Segments Profiled in the Toxicology Drug Screening Market Survey

By Product Type:

  • Monitoring and logging
  • Security
  • Storage and continuous integration/continuous deployment
  • Management and orchestration
  • Networking and data management services
  • Others

By Test Type:

  • Acute Systemic Toxicity
  • Dermal Toxicity
  • Carcinogenicity
  • Ocular Toxicity
  • Genotoxicity
  • Neurotoxicity
  • Organ-Specific Toxicity

By Technology Type:

  • High-Throughput Screening
  • Genomics
  • Transcriptomics
  • Toxicogenomics
  • Molecular Screening

By End Use:

  • Hospitals and Trauma Centers
  • Forensic Laboratories
  • Diagnostic Laboratories
  • Rehabilitation Centers
  • Pharmaceutical & Biotechnology Companies

By Region:

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

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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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Aquaponics Market Set to Reach US$ 3,415.5 Million by 2033 Fueled by Global Demand Advantages in Europe, USA, and Worldwide

The global aquaponics market is anticipated to rise significantly, rising from US$ 1,560 million in 2023 to US$ 3,415.5 million by 2033, per FMI study. Aquaponics, a sustainable farming technique that combines aquaculture and hydroponics, has a number of advantages over traditional crop cultivation, including significant water savings and a decreased need for pesticides and synthetic fertilisers due to effective resource management.

As per FMI’s analysis, the global aquaponics market is predicted to surge from US$ 1,560 million in 2023 to US$ 3,415.5 Million by 2033. The aquaponics industry is set to observe significant growth in the assessment period. Aquaponics proponents frequently quote plenty of advantages that result from this form of farming.

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It has a lot going for it, including environmental awareness. Only 10% of the water required for conventional crop cultivation is used in aquaponics systems. The usage of pesticides, herbicides, and synthetic fertilisers can be drastically decreased or perhaps totally eliminated with effective resource management.

Due to the growing global warming, consumers are undoubtedly being more careful when making daily decisions. As a result, people all across the world are getting pickier and more interested in sustainable practises.

The aquaponics systems can be readily scaled to suit market demands if there is enough room. Producers and farmers are in a stronger position as a result. Business prospects are expected to rise as a result of all of the aforementioned advantages in the years to come.

However, a few restrictions associated to aquaponics could prevent the growth of the sector. Most people would classify aquaponics as a labour- and management-intensive discipline. This is due to ongoing research on fish health, water quality, and plant infections.

Aside from this, controlling temperature can be expensive and time-consuming. This is particularly true when operations last all year long and into the winter. Costly system components can be either built or purchased. In the aquaponics system, some fish species can be difficult to grow to market size. Additionally, toxicity problems and delayed harvests might result from the treatment of pests and diseases.

These are just a few of the difficulties that farmers and connected businesses must overcome. It is anticipated that a wide range of opportunities for aquaponics would spur market expansion.

Top Highlights from the FMI’s Analysis of the Aquaponics Market:

  • The United States market is projected to attain a lion’s share over the forecast period. The country has been estimated for a 26.8% market share in 2022.
  • In Europe, Germany grabbed a 5.5% market share. Alongside this, the United Kingdom is projected to register a CAGR of 5.1%.
  • The intensely growing market for aquaponics is assessed to be India in the forecast period. The country is anticipated to assume a pace of 16% CAGR.
  • Based on application, the fish segment is projected to be at the forefront.
  • Based on application, fruits, and vegetables are expected to be the top segments in the coming years.

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Competitive Landscape of Aquaponics Market: A Closer Look at Market Whereabouts:

Key players in the market are working on promotional activities to capture users at a wider scale and increase their revenue. Manufacturers are also providing and practising quality certifications to raise their market presence. This also creates awareness among people and unfolds substantial opportunities for key companies.

Presently, Nelson & Pade Aquaponics provides a patented Clear Flow Aquaponics System, equipped with ZDEP from Nelson Pade. These are fully-developed comprehensive system packages that are suitable for those planning to produce aquaponics food on a substantial scale.

Key Companies Profiled:

Nelson & Pade Aquaponics, Practical Aquaponics, Aquaponics USA, The Aquaponic Source, Pentair Aquatic Eco-System, Inc.

Key Segments

By Type:

  • Media Filled Grow Beds (MFG)
  • Nutrient Film Technique (NFT)
  • Deep Water Culture (DWC)
  • Others

By Component:

  • Bio Filter
  • Settling Basins
  • Fish tanks
  • Soil-free plant bed
  • Rearing Tanks
  • Aquaponics Produce
  • Others

By Equipment:

  • Pumps and Valves
  • Water Heaters
  • Fish Purge Systems
  • Aeration Systems
  • Water Quality Testing
  • Others

By Applications:

  • Fish
  • Herbs
  • Fruits
  • Vegetables

By End User:

  • Commercial
  • Home Production
  • Research

By Regions:

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

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About Future Market Insights (FMI)

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

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Anticipated Yogurt Market Growth: Expected CAGR of 5.9% from 2023 to 2033, According to Future Market Insights Inc.

The yogurt market is a significant segment of the global dairy industry. Yogurt, also known as curd, is a fermented milk product produced by the bacterial fermentation of milk. It has been consumed for centuries and is known for its numerous health benefits.

In recent years, the yogurt market has experienced substantial growth worldwide. This growth can be attributed to several factors. Firstly, there has been an increasing awareness among consumers regarding the health benefits of yogurt. Yogurt is rich in probiotics, which promote a healthy digestive system and boost the immune system. It is also a good source of protein, calcium, and other essential nutrients.

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The global yogurt industry is anticipated to surge from US$ 44,808.5 million in 2023 to US$ 79,147.2 million in 2033. It is anticipated to expand rapidly between 2023 and 2033, with a CAGR of 5.9%.

Yogurt’s nutritional benefits, which include the reduction of type 2 diabetes, colon cancer, and osteoporosis risk, are expected to drive growth on a global scale. It can also help promote good digestion and strengthen the immune system.

Sales are expected to be boosted in the medium term by elements including accessibility of a wide range of tastes, awareness of yogurt’s nutritional content, and surging public awareness of the significance of a healthy diet. This is further motivating producers to focus on creating goods with unique flavors and health advantages.

Yogurt can also be found fortified with extra vitamins and minerals, making it a nutritious snack option. Recipes frequently incorporate yogurt to add taste and texture. It can be used as a taco or salad topping, as well as a substitute for sour cream or mayonnaise in dips.

Protein shakes and cereal bowls both frequently contain yogurt. Yogurt comes in a wide range of tastes, including savory flavors such as ranch and buffalo, as well as fruity and sweet ones. Yogurt sales will increase during the projected period, according to Future Market Insights, as online platforms quickly supplement in-store purchases.

Demand for yogurt is rising along with the desire for portable snacks. Yogurt manufacturers strive to advance their industries and make goods with consistent, superior potencies at affordable prices by developing new technology.

Key Takeaways from Yogurt Market Study

  • The USA yogurt market is anticipated to remain dominant with 4% of the global market share during the estimated time frame.
  • The global yogurt industry witnessed growth at a CAGR of 4% between 2018 and 2022.
  • China yogurt market is predicted to reach a valuation of US$ 2,643.7 million by 2033.
  • India yogurt industry is anticipated to expand at a significant CAGR of 9% over the forecast period.
  • The United Kingdom yogurt market is set to register a lucrative CAGR of 1% in the next ten years.

“Due to significant demand for low-fat, low-sugar desserts, the yogurt market is anticipated to surge during the forecast period. Macroeconomic factors such as rising need for ice cream alternatives among kids and high health consciousness might have a positive impact on the market,” says a lead analyst at Future Market Insights.

Competitive Landscape: Yogurt Market

Due to the presence of several local and regional competitors, the yogurt industry is extremely fragmented and competitive on a global level. Key companies are using a variety of marketing tactics such as partnerships, purchases, mergers, and collaborations to stay on top. Stakeholders in the yogurt sector are more interested than ever in sustainability and certification.

For instance,

  • The new Silk Greek yogurt was presented by Danone, a French multinational food products company in August 2021. There are four flavors to choose from: lemon, vanilla, blueberry, and strawberry. The business hopes to provide its clients with plant-based yogurt options with this launch.

Get More Valuable Insights into Yogurt Market

In its latest offering, Future Market Insights offers a thorough study of the yogurt market, covering historical demand data (2018 to 2022) and forecast data from 2023 to 2033.

The study provides compelling insights into the global yogurt market based on product type (yogurt drinks, Greek yogurt, set yogurt, frozen yogurt), distribution channel (hypermarkets, retailers, convenience stores, specialist retailers), and region.

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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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