Aluminum-free Natural Food Color Market Future Trends, Dynamic Growth & Forecast To 2032

The global aluminum-free natural food color market is forecasted to be appraised at US$ 4.08 billion by 2032, up from US$ 2.17 billion in 2022, advancing at a CAGR of 6.88% during the forecast period.

Dyes, pigments, and substances which impart color to food and beverages are known as coloring additive or food colors. Available as liquid, gels, and powder food coloring is used in both commercial and domestic production of eatables and beverages.

Consumers continue to associate the taste of food products with its color which is a vital factor F&B companies are increasingly using food coloring to make their products more presentable and marketable. Aluminum lakes are being increasingly used in the production of food coloring owing to their dispersible nature enabling them to mix with oil, fat, propylene glycol, and glycerin and water. However, concerns regarding the adverse impact of aluminum consumption on human health are creating a demand for natural food colors.

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Aluminum-free Natural Food Color Market Dynamics

Health Concerns Surrounding Prolonged Aluminum Consumption to Uphold Market Growth

Although aluminum has been approved for use in food coloring, it is widely identified as a neurotoxin proven to impact over 200 biological functions of the body. The metal accumulates in the human system over periods of time and can have adverse consequences on human health. Numerous studies suggest that prolonged accumulation of aluminum in the body can potentially cause neurodegenerative diseases such as dementia, Alzheimer’s disease, Parkinson’s, and amyotrophic lateral sclerosis (ALS).

In addition, aluminum competes with other minerals for absorption into the bloodstream. This can significantly deter calcium absorption in bones and impact skeletal mineralization. Further, studies have linked the accumulation of metal in the body to the development of autism and slowdown of growth in kids. Growing awareness about the adverse impact of aluminum on human health is prompting food and beverage companies to seek alternatives to food color containing aluminum.

A recent development complementing the trend was the release of a survey conducted Federal Institute of Risk Assessment, Germany which revealed that approximately half of the German population avoids the use of aluminum-based products. The factor is estimated to play a vital role in aluminum-free natural food color market growth during the forecast period.

Coupled with the growing awareness about the adverse impact of aluminum on human health, the trends are expected to drive food processing companies to replace artificial and synthetic coloring with their natural alternatives.

Additionally, the burgeoning demand for naturally sourced ingredients for food products and the widespread consumer perception associating natural with healthy is driving manufacturers to increasingly replace aluminum-based food coloring in their products.

The factor is expected to contribute significantly to the aluminum-free natural food color market growth with consumers increasingly preferring brands which provide detailed insights into their supply chain management.

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Innovations in Natural Food Color Development to Drive Adoption

Aluminum lakes find widespread usage in the production of blue pigment for food coloring. Intensifying research and development towards finding natural sources for blue color is likely to accelerate adoption of aluminum-free natural food color.

For instance, recent research in the area is studying the potential of deriving blue color from fungal, animal, and microbial sources. In addition, the aluminum-free natural food colors are also finding widespread adoption in the food and beverages industry owing to the nutritional benefits offered by them which are central to marketing campaigns of companies vying to capitalize on the burgeoning demand for natural products. Technical breakthroughs in the production of natural food colors are further expected to underpin aluminum-free natural food color market growth.

For instance, Phytolon, an emerging company in the food color market, obtained the license for using plant-based genes known as betalains for the production of a variety of natural colors. The company revealed that they will be leveraging a novel technique employing the use of yeast for the commercial production of natural food color. Burgeoning investments in natural food color production and accelerated sophistication of production processes is estimated to fuel aluminum-free natural food color market growth.

Inefficient Functionality and Lower Shelf-life of Natural Colors to Dent Sales

Natural food colorings are unstable and exhibit low heat resistance. In addition, the coloring can fade easily and undergo a change in properties when subjected to light and different pH levels. Being derived from natural sources, natural food coloring can cause allergic reactions.

Furthermore, the overall cost of production of natural food colors is substantially higher than its synthetic counterparts. The requirement of a vast amount of raw materials in plants, fruits, and other natural sources makes the production of natural colors both expensive and non-sustainable.

These factors are restraining the widespread adoption of natural colors in commercial food processing and continue to pose a daunting challenge to manufacturers operating in the aluminum-free natural food color market.

Aluminum-free natural food color market – Notable Highlights

  • Naturex, a key player in the aluminum-free natural food color market, launched a new line of natural food colors named “Vegebite Ultimate Spirulina”. The product line features blue and green colors sourced from spirulina for confectionary and beverages with the colors being available in liquid and powder form.
  • Increasing collaborations in the aluminum-free natural food color market received a huge boost when Exberry and GNT group launched the Sunshine Shades range of natural food coloring. Under the product line, the company will be launching natural colors ranging from bright yellow to dark orange which can potentially replace yellow food coloring manufactured using aluminum lakes.
  • The trend for significantly reducing the use of aluminum lakes in food color manufacturing saw another key development when Roha announced the launch of its Natracol Vibra Yellow color for use in the food products such as gummies, candies, and dairy products.

Aluminum-free Natural Food Color Market Segmentation

On the basis of type, the aluminum-free natural food color market can be segmented into:

  • Beta Carotene
  • Astaxanthin
  • Annatto
  • Curcumin
  • Spirulina
  • Carmine

Based on the end-use application, the aluminum-free natural food color market can be segmented into:

  • Processed/Frozen food products
  • Beverages
  • Dairy Products
  • Bakery and Confectionary Products
  • Others

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Frequently Asked Questions

  • What is the Growth Outlook for the Aluminum-free Natural Food Color Market?
  • What is the major driver contributing to the Aluminum-free Natural Food Color market share of the European and North American countries?
  • Who are a few key players in the Aluminum0free Natural Food Color Market?

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Multistrain Probiotics Market 2022: Qualitative and Quantitative Research By Industry Experts 2032

The global multistrain probiotics market is forecasted to be valuated at US$ 156.25 billion by 2032, up from US$ 66 billion in 2022, advancing at a CAGR of 9% from 2022 to 2032.

A burgeoning number of consumers are amassing healthy eating habits, and thereby, health-conscious consumers are more inclined towards nutritional and functional food products. With the growing preference for nutrient-rich food products, probiotics have gained immense popularity among health-conscious consumers around the world. While probiotics are available in both monostrain and multistrain probiotic forms, the tendency to work with multistrain probiotics has always remained high.

As multistrain probiotics imply a broader spectrum of efficacy and synergistic effects, the market for multistrain probiotics is likely to maintain its momentum in the upcoming years. In addition, growing awareness about the influence of multistrain probiotics of the immunity, digestion system, and overall health is triggering demand for multistrain probiotics. Leading players in the multistrain probiotics market are aiming to capitalize on increasing disposable income of consumer and growing awareness about their dietary habits to improve profitable sales of their diverse portfolio of multistrain probiotics.

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Multistrain Probiotics Market – Notable Developments

Yakult Honsha Co., Ltd., DuPont Nutrition & Health, Deerland Enzymes, Inc., Protexin, Hansen Holding A/S, Arla Foods, MORINAGA & CO., LTD., LALLEMAND Inc., Danisco, PROBI, Biogaia, Attune Foods, bifodan, Daflorn Ltd., Biocare Copenhagen, ecologicinside, Hansen Holding A/S, danone, Société des Produits Nestlé, and Nebraska Cultures are among the leading players in the multistrain probiotics market.

  • In June 2018, DuPont Nutrition & Health – a business unit of DowDuPont Specialty Products Division – announced its partnership with INRA (French National Institute for Agricultural Research) through MetaGenoPolis (MGP) and Micalis Institute to strengthen DuPont’s probiotic strains capabilities with a functional metagenomics approach. The company aims to define DuPont™ Danisco® probiotic strains’ molecular mechanisms of action to consolidate its position in the multistrain probiotics market, with the new collaboration with INRA Micalis-MGP.
  • In January 2018, BioGaia – a Swedish biotechnology company that primarily focuses on probiotic products – announced that it has entered an agreement with Abbott Laboratories – an American healthcare company – to commercialize its BioGaia Protectis probiotic supplements in China. The company announced that this collaboration was in line with its strategies to grow its probiotics business in Asian markets.
  • In July 2018, Deerland Enzymes & Probiotics – a global leader in enzymes and multistrain probiotics market, announced that it has acquired National Enzyme Company – a leading manufacturer of enzyme-based dietary supplements – to gain momentum in the multistrain probiotics market. The company announced its aim to add National Enzyme Company’s SORA and BioCore® capabilities to its production facility and strengthen the presence in the market with its branded technologies and probiotics expertise.

Ongoing Research and Studies Spread Awareness about Health Benefits of Multistrain Probiotics

As consumers are becoming highly critical about food ingredients and their benefits before making a purchasing decision, food manufacturers are investing heavily in research on health-benefitting ingredients to attract a large base of health-conscious consumers. The multistrain probiotics market is witnessing healthy growth as recent studies find diverse health benefits of multistrain probiotics.

Researchers find that multistrain probiotics are not only beneficial in treating physical illnesses, such as diarrhea and irritable bowel syndrome (IBS), but can also contribute to improving psychological health. Increasing awareness about the health-boosting properties of multistrain probiotics is expected to contribute to the increasing growth of the multistrain probiotics market in the upcoming years.

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Applications of Multistrain Probiotics in Dairy Products to Remain Highest

Increasing growth of the multistrain market is mainly attributed to its applications in pharmaceuticals, animal feed, and food & beverages, however, food & beverage industry remains the linchpin for the multistrain probiotics market.

Consumers are becoming critical about their dietary choices and thereby, are more inclined towards food products with high nutritional contents. Dairy products are likely to remain the leading segment in the multistrain probiotics market, and leading market players are shifting their focus on the dairy industry to capitalize on this trend.

Some examples include

  • In October 2018, Hansen Holding A/S – a leading bioscience company – announced that it has acquired all the assets of Österreichische Laberzeugung Hundsbichler GmbH – an Austria-based ingredient supplier. With this acquisition, the company aims to expand its enzymes business in the traditional processed cheese segments of the dairy industry.
  • In December 2018, Arla Foods, Inc. – a leading dairy company in the multistrain probiotics market – announced that it has acquired the Middle East and Africa Kraft branded processed cheese business of Mondeléz International – an American food company.

Asia Pacific to Emerge as a Leading Market for Multistrain Probiotics

Though the wave of health & fitness have spread across the world, rapidly-growing end-user industries in the Asia Pacific have a major contribution in growth of the multistrain probiotics market. Leading players in the multistrain probiotics market are shifting focus on their businesses in developing countries in the Asia Pacific region to leverage increasing disposable income of consumers and growing demand for healthy and nutritional food products.

European market for multistrain probiotics is also likely to create lucrative opportunities for market players in the upcoming years with growing health awareness among European consumers. In addition, governing bodies in Europe, such as the European Society for Clinical Nutrition and Metabolism (ESPEN), have developed regulations and directives to govern the use of multistrain probiotics in various food products, pharmaceuticals, and dietary supplements. This is likely to augur well for the multistrain probiotics market players in Europe.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Blackout Fabric Laminates market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Blackout Fabric Laminates market attractiveness as per segments. The report also maps the qualitative impact of various factors on Blackout Fabric Laminates market segments and geographies.

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Multistrain Probiotics Market Segmentation

The multistrain probiotics market can be bifurcated on the basis of:

  • Applications
  • End-users

Multistrain Probiotics Market Segmentation Based on Applications

  • Food & Beverages
  • Animal Feed
  • Dietary Supplements

Multistrain Probiotics Market Segmentation Based on End-users

  • Humans
  • Animal Feed

Frequently Asked Questions

  • What is the Growth Outlook for the Multistrain Probiotics Market?
  • Which Region is the Largest Market for Multistrain Probiotics?
  • Which is the Valuation of Multistrain Probiotics Market as of 2022?

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Soda Production Machine Market Is Expected To See a growth of 3.7% CAGR by 2033

The soda making machines market size was estimated at US$789.2 million in   2023   and is expected to grow to   US$ 1,134.9 million by   2033    , at a CAGR of   3.7  % during the forecast period.

It is estimated that the demand for soda making machine will increase due to its use of carbonation of water and addition of flavors to produce soft drinks. The machine consists of a carbonator, a syrup pump and a water pump. They have several advantages that make them an excellent choice for packaging soft drinks. Moreover, they are easy to operate, provide a high level of security, and are very versatile. In addition, it has been around for many years.

Production machines allow large quantities of soft drinks to be produced without the need for labour. The market opportunity for these machines is to provide an affordable, easy-to-use machine that can be used by small businesses and home users alike. There are many different models of soda making machines on the market, each with its own unique features. Soda production machines reduce packaging cost, and give higher profit margins to owners. Moreover, fine restaurants, bars, and small-town diners saw heavy reliance on the soda machine.

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Key players have manufactured unique stainless steel sparkling water making machines, with high-end glass bottle. It provides a great carbonation experience that is primarily achieved through great engineering. It is offered in eight stunning finishes, to match and upgrade any countertop. It is estimated that these factors will increase the demand for soda making machine.

Moreover, they design, develop and test all products in their own workshop so that everything from the first visual impression to the touch, feel and interactive feel of the product is of the highest quality. By deploying soda production machinery, the over-manufacturing of plastic and glass containers is curbed which generates environmental protection. In addition, consumers are attracted to the option of mixing different flavors into one drink. Moreover, the transportation cost for bottle container delivery is reduced by integrating these soda production machines as well.

Main sockets:

  • Germany currently has   a soda production machinery market share   of about 24.8% in   the global market. Germany is a lucrative market for soda making machines in Europe, due to the flexible and sophisticated robot technology used in developing these machines by major manufacturers.
  • The catering industry  is a widely used industry for this type of equipment. These machines typically use carbon dioxide and water to produce soda, and can be programmed to make a variety of different flavors.
  • During the forecast period, the soda making machine market is expected to grow    at a CAGR of 3.7%.
  • In the  North America  region  ,   the soda making machine market is dominated by the United States   with a  global  market  share of 34.4%. This is attributed to the growing number of health conscious consumers who want to reduce their soft drink intake while hydrating themselves. Moreover, most of these machines do not use sugar during processing which satisfies their needs.
  • In terms of   soda making machines market size  , the total market value of the United States is expected to reach  $271.5 million in 2023.
  • During the forecast period, the UK soda making machine market is expected to grow    at a CAGR of 6.3%. Due to the presence of large manufacturers in UK, key players can produce high quality soft drink production machinery at competitive prices.

Competitive scene:

The best players in   the soda making machine   are

  • Drink dead
  • arc
  • SodaStream Company
  • drink works
  • Paste drink systems
  • Butler
  • Novante
  • Misuda
  • Wild and kind
  • iSi GmbH

There are a number of companies that manufacture soda making machines. The competition between these companies is intense, with each company looking to gain market share and compete for the attention of potential customers. One of the main ways companies can differentiate themselves in the market is through their pricing strategy.

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The study provides insights into   the soda making machines market   based on product (rotary and linear), automation (automatic and manual), and application (hotels, restaurants, supermarkets, and convenience stores).

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Soda production machine market by category

By product, the soda making machine market is segmented as follows:

  • Rotary
    • single pressure
    • multi pressure
  • linear
    • single stage
    • two stages

By automation, the soda making machine market is segmented as follows:

  • automatic
  • manual

By application, the soda making machine market is segmented as follows:

  • hotels
  • Restaurants
  • supermarket
  • Shops

By region, the soda production machine market is segmented as follows:

  • north america
  • latin america
  • Europe
  • Asia Pacific
  • Oceania
  • something

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Chlorella Ingredients Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates by 2032

The global chlorella ingredients market is set to witness growth at a CAGR of 7.4% and reach a valuation of USD 287.7 Mn by 2032.

The global chlorella ingredients market is expanding as a result of the increased consumer demand for supplements made from algae. The demand for chlorella ingredients is also growing as a result of the surging demand in application sectors for natural functional ingredients.

Customers prefer brands that offer high-quality products. As a result, competition in the microalgae sector is increasing, and the customers are willing to pay a higher price for high-quality goods. Above all, customers are placing a high value on quality and service. As a result, businesses in the chlorella ingredients market are investing in research and development to establish dynamic and original high-quality product offerings, and also focusing on incorporating cutting-edge innovation to ensure high quality.

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The demand for chlorella ingredients is growing, but it is being constrained by the high cost of production. Chlorella requires carbonated water, artificial light, or shade for optimal growth, which increases the value. Additionally, using chlorella as a food source requires the correct pulverization of the cell walls using pricey technology. These expenses, which are represented in the price of the finished commodity, are predicted to restrict the growth of the chlorella ingredients market over the anticipated timeframe.

Asia Pacific is the region that produces and consumes the most chlorella in regional markets. The key markets for chlorella include those in China, Japan, Taiwan, and Korea. Globally, Japan is the country that consumes the most chlorella. The chlorella ingredients market is still expanding in the North American and European region.

Key Takeaways from Market Study

  • The chlorella ingredients market is expected to expand at CAGRs of 7.4% over the forecasted period.
  • Freshwater holds a dominant market share over marine water in the chlorella ingredients market.
  • Conventional nature holds around 75.1% market share of the total chlorella ingredients market in 2022, however organic type of chlorella ingredients is expected to grow with lucrative market growth over the forecast period
  • Chlorella ingredients mostly have its application its segments such as health and medical science, food and beverages
  • The US chlorella ingredients market stands at a market valuation of USD 33.1 Mn in 2022 and is expected to rise at a CAGR of 6.6% by 2032.

 “Manufacturers of chlorella ingredients would gain significant profits by targeting the on various labels and claims such as super-food. Consumers are experimenting with new cocktails without fear of wasting a specialty ingredient or liquor that too in a short period of time.”, says a Future Market Insights analyst.

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Competitive Landscape

In the years to come, the chlorella ingredients market is anticipated to benefit from distinctive cultivation techniques and forthcoming revolutionary uses. Due to growing industrialization, product extensions, technological advancements, and the excellent quality of the manufactured goods, the competition in this industry is anticipated to intensify further in the years to come.

Key producers of chlorella ingredients are majorly focusing on research & development to enhance the variety, quality, and innovation of their products.

The following companies are some of the major players in the chlorella ingredients market: Sun Chlorella Corp., Vedan Enterprise, FEMICO, International Chlorella, Taiwan Chlorella Manufacturing Company, Yaeyama Chlorella, Gong Bih Enterprise, Fuqing King Dnarmsa Spirulina, Like Chlorella Biotech, Jiangxi Mingjun, Guangzhou Jinqiu Chlorella, Dongtai City Spirulina Bio-engineering, The largest chlorella producer in the world is Taiwan Chlorella Manufacturing.

  • Unilever recently partnered with biotech startup Algenuity, that also develops microalgae, in August 2020 to investigate the use of such a single-cell organism as a component in the f&b industry.

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

Chlorella Ingredients Market by Category

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

  • Food and Beverages Sector
  • Health and Medical Sector
  • Animal Feed Sector
  • Pet Food Sector
  • Cosmetics and Personal Care Sector
  • Fertilizers Sector

By Source:

  • Marine water
  • Fresh Water

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Frequently Asked Questions

  • How big is the Chlorella Ingredients Market?
  • What is the North America Chlorella Ingredients Market Outlook?
  • At What Rate Will Chlorella Ingredients Demand Grow in Europe?
  • Which Are the Key Players in Chlorella Ingredients Market?

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Monoprotein Market Analysis by End User, By System Type, Industry Analysis and Forecast by 2032

The sales of monoprotein are projected to rise as it is a single protein-sourced product. It is a solution guaranteeing the uniqueness and purity of pet food products with fundamental nutrients, necessary for pet health. As a result, these factors are likely to increase the monoprotein market share during the forecast year from 2022 to 2032.

The global monoprotein market share is set to witness growth at a CAGR of 3.0% and top a valuation of US$ 4.3 Bn by 2032. Demand for monoprotein is likely to increase as pet owners need to deal with pet’s intolerance to a particular type of food protein, it is difficult to get away from the undesired components for customers.

Along with that, nowadays products labelled with salmon-based food or chicken-based food contains numerous harmful chemicals and preservatives. Furthermore, to avoid such products people are opting for monoprotein, which is boosting the monoprotein market growth during the forecast period.

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The adoption of monoprotein is anticipated to recover the gap in the pet food market where a certain type of food protein is necessary to build immunity and muscle mass for pet’s allergy.

There are many variants like pork, chicken, salmon, and others available as a protein source to those products. As a result, the sales of monoprotein are anticipated to rise. These factors are anticipated to boost the monoprotein market trends & forecast during the forecast period.

Key Takeaways from Market Study

  • The monoprotein market analysis is worth US$ 3.2 Bn sales in 2022.
  • The monoprotein market share is expected to expand at a CAGR of 3.0% through 2032.
  • Global monoprotein demand is projected to grow year-on-year (Y-o-Y) growth of 2.7% in 2022.
  • The monoprotein market statistics are growing with a notable boost towards the production to reach US$ 4.3 Bn by 2032.
  • High product demand from the pet food industry, and tasty and convenient product forms are the factors driving the monoprotein market growth.
  • These factors are some of the influencing factors among consumers, which is driving sales of monoprotein across global markets.
  • Demand for monoprotein grew at 2.4% CAGR between 2017 and 2021.
  • Monge SPA, Purina PetCare (Nestlé S.A.), Brit Mono Protein (Vafo Praha s.r.o.), Country Farms, and Stuzzy Monoprotein (Agras Delic S.P.A.) are expected to be the top players in the industry.
  • Monoprotein market key trends & opportunities rise along with the dog as pet type, adult pet life-stage, flavored monoprotein, raw packaging type, and online retail sales channel are in heavy demand from pet food industry carrying a notable market share.

“A single source of protein for pets with guaranteed tolerability among the animals with food intolerance or allergies is the principle behind monoprotein products. The products come without any added preservatives, or artificial colorants or flavorings, to ensure that there is no chance of harm to the pets and the pet get complete nutrition as well from the product, driving the market growth,” – Future Market Insights Analyst.

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Competitive Landscape

Key monoprotein brands are conducting several types of research and looking for new strategic partnerships, while key business brands are focusing on developing applications in the food industry to generate high-quality food and beverage solutions.

The top players are focusing on new formulations and product innovations to gain monoprotein market growth and attract more customers to the product.

  • In 2020, Monge launched the top-quality and natural super-premium product BWild, which is a Low Grain or Grain Free monoprotein, and launched to fulfil the demand for innovative products in the field of the pet food industry, which also supports the dietary needs of pets.

Monoprotein Market by Category

By Pet Type:

  • Dog
  • Cat
  • Others

By Pet Life-stage:

  • Adult
  • Kitten/ Puppy
  • Others

By Flavor:

  • Unflavoured
  • Flavoured

By Packaging Type:

  • Raw
  • Powdered
  • Dry & Dehydrated
  • Liquid & Gravy
  • Canned
  • Frozen & Freeze-Dried
  • Others

By Sales Channel:

  • Hypermarkets /Supermarkets
  • Convenience Stores
  • Discount Stores
  • Online Retail
  • Others Retail Formats

By Region:

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

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Endoscopy Visualization Systems Market growing at a CAGR of 7.2% from 2022 to 2028

[224 Page Document] The market for endoscopy visualisation systems is anticipated to grow from a value of US$ 1.3 billion in 2021 to US$ 2.2 billion by the end of 2028, at a CAGR of 7.2%.

Innovation of Endoscopy Visualization Systems Takes a Grand Leap beyond 3D Imaging

The 3D endoscope visualization system has been an impactful innovation in the endoscope visualization systems landscape. While 3D visualization technology offers a deeper view of the diagnostic area during endoscopic procedures, constant R&D efforts have directed the innovations to the latest – customized 3D visualization. The world’s first-ever endoscopy visualization system (by MedicalTek) has been recently launched that works on an easy-to-set and easy-to-alter imaging technique and offers an adjustable 3D perception to resultant endoscopic images.

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Around 3/4th share of the total revenue of endoscopy visualization systems landscape is accounted by Tier 1 players that are prominently focusing on cost effective product development

  • Leaders in endoscopy visualization systems landscape are also prioritizing innovative product launches, product portfolio extension, and strategic collaborations and mergers for an even stronger market footprint.
  • Tier 2 and Tier 3 companies, making up for the rest of market revenue, are particularly focusing on regional expansion – especially targeting developing Asian economies.

Prominently due to the paradigm shift to value based, sophisticated healthcare system and a mounting number of strategic mergers and acquisitions between leading medical device manufacturers, endoscopy visualization systems have been witnessing robust demand in recent years.

“With an ever growing demand for minimally invasive surgical procedures and growing availability of low-cost diagnostic procedures, we expect robust expansion of the global revenue through endoscopy visualization systems. While endoscopy visualization systems currently account for a billion dollar market globally, it is more likely that the endoscopy visualization systems landscape will observe over 7% year on year growth in 2019. Relatively undemanding FDA clearance guidelines is another strong factor pushing the prospects for endoscopy visualization systems in the near future,” says a senior research analyst at Future Market Insights.

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Product Type Assessment: Adapting to the Trend of Minimally Invasive Surgery Demand, High-range Endoscopy Visualization Systems Remain the Top Seller

The FMI analyst explains that ever-growing demand for minimally invasive surgical procedures worldwide, it is quite clear that high-range endoscopy visualization systems will continue to bring in maximum revenue to the marketplace. With a current market value share of around 50%, high-range endoscopy visualization systems will be the highest selling type of EVS owing to favorable reimbursement policies and availability of advanced technology systems in this segment. Mid-range endoscopy visualization systems are also identified to capture a considerable market value share in 2019, demonstrating the year-on-year expansion of over 7%.

Diagnostic Area-wise Analysis: Maximum Opportunities Exist for GI Tract Endoscopy Visualization Systems

Recent statistical data published by American Society of Gastrointestinal Endoscopy (ASGE) indicates that among roughly 75 million endoscopic procedures annually performed at a global level, more than 65% are performed on the gastrointestinal tract, followed by the female reproductive tract. A considerable number of endoscopies are also performed through a small-sized incision with an objective to achieve least invasion. According to FMI’s projection for 2019, the year on year revenue growth will be around 7% in case of gastrointestinal tract endoscopy visualization systems, whereas that in case of small-sized incision procedures will be more than 7%.

Regional Outlook: Asia Pacific Becomes an Attractive Growth Platform for Manufacturers of Endoscopy Visualization Systems

While developing economies are constructing a lucrative base for the growth of endoscopy visualization systems landscape through changing demographics and an expanding patient pool, Future Market Insights offers exclusive insights on the same. An elevating number of endoscopy visualization systems predominantly for disorders of GI tract, female reproductive system, urinary tract, and respiratory system is encouraging the sales of endoscopy visualization systems in emerging Asian economies.

The FMI analyst says while unfolding the key attributes driving expansion of market within emerging regional territories, “While APEJ is at present the second largest market for endoscopy visualization systems after North America, Japan is also witnessing significant growth. This growth can be attributed to both, a healthy rate adoption of endoscopy visualization systems at hospitals, and impressively growing sales at specialty clinics”.

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Endoscopy visualization systems market by Category By Product Type

  • High Range EVS
  • Mid-Range EVS
  • Low Range EVS

By Area

  • Gastrointestinal Tract
  • Respiratory Tract
  • Ear
  • Urinary Tract
  • Female Reproductive Tract
  • Through a small incision

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Diagnostic Imaging Centers

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Precocious Puberty Treatment Market trailing a CAGR of 7.8% from 2023 to 2033

The global precocious puberty treatment market is anticipated to attain an impressive valuation of US$ 1,716.43 million in 2023 and is projected to reach US$ 3,650.66 million by 2033, trailing a CAGR of 7.8% during the forecast period. The focus of key industry players on getting product approval from regulatory authorities such as United States Food and Drug Administration (FDA), which is expected to propel the market growth during the forecast period.

For example, in May 2020, Tolmar Pharmaceuticals, Inc., a pharmaceutical company, received authorization and approval for its New Drug Application from the Unites states FDA for FENSOLVI (leuprolide acetate) for injectable suspension for the treatment of pediatric patients aged two years and older with precocious puberty. This is projected to propel market growth during the forecast period.

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Likewise, these players are focusing on a number of inorganic strategies such as partnerships, mergers, and agreements, which is expected to drive the precocious puberty market growth during the forecast period. For example, in January 2016, Debiopharm International SA (Debiopharm) which is a part of Debiopharm Group, made an agreement for exclusive distribution agreement with Arbor Pharmaceuticals, a pharmaceutical company, for the commercialization and promotion of triptorelin 22.5 mg for Central precocious puberty treatment.

On the other hand, surging research and development activities in triptorelin for applications in several therapeutic indications, by private manufacturers and research organizations is fuelling growth of precocious puberty treatment market. Moreover, the higher efficacy and tolerability of triptorelin in the suppression of gonadotropin secretion in prostate cancer and precocious puberty is surging the adoption of triptorelin in the market which is anticipated to benefit the market of precocious puberty.

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Also, the engagement by key players in expanding their product portfolio in several geographical areas is expected to aid market growth. For example, in October 2017, Arbor Pharmaceuticals, LLC and Debiopharm International SA commercialized availability of Triptodur (triptorelin), in the United States for the treatment of pediatric patients two years and older diagnosed with Precocious Puberty. Furthermore, reimbursement for the treatment of precocious puberty is provided through Medicaid, which is estimated to offer lucrative growth prospects for the global precocious puberty market during the forecast period.

Key Takeaways from the Market Study

  • North America is expected to dominate the industry while reaching market share of around 46.7% by end of the forecast period.
  • The market in East Asia is projected to account for 25% market share by end of the projected period.
  • By drug class, ‘triptorelin’ is projected to account for 62% market share by end of the forecast period.
  • Hospitals are expected to dominate the market by distribution channel, with a market share of 58% by 2033.

“Increasing rate of product approvals, surging growth in mergers and acquisitions between companies, and development of new drugs will increase the product demand for treatment of precocious puberty,” comments an FMI analyst.

Competitive Landscape

The precocious puberty treatment market is extremely competitive and consists of various key market players. These players are developing novel delivery systems for treating precocious puberty. This is anticipated to fuel precocious puberty treatment market. The key players in this market are: Teva Pharmaceutical Industries Ltd, AbbVie Inc., Arbor Pharmaceuticals, LLC, Pfizer Inc, Tolmar Pharmaceuticals, Inc., Endo International plc, Ipsen Pharma, Debiopharm Group, Sun Pharmaceutical Industries Limited, Sanofi

Key industry players are inclined on adoption of inorganic growth strategies like acquisition, partnerships, and collaboration in order to bolster their product portfolio. This is expected to propel the global precocious puberty treatment market.

  • In June, 2020, Ipsen Pharma undergone strategic partnership with Debiopharm for Decapeptyl (triptorelin) for another 15 years. Decapeptyl (triptorelin) is used for treating central precocious puberty in children. This strategic merger helped the company to maintain a continuous product access to patients.
  • In March 2022, Accord BioPharma, the United States special division of Intas Pharmaceuticals, Ltd. declared the United States launch of CAMCEVI (leuprolide) 42mg injection emulsion for the treatment of progressive prostate cancer in adults.In February 2022, BDR Pharmaceuticals revealed its brand ENZALUTAMIDE, an antiandrogen in 160mg with brand name BDENZA for treatment of Prostate Cancer patients.
  • In January 2019, Debiopharm group informed about an agreement with Allergan to begin a transition process for Trelstar (Triptorelin pamoate) intended to lead to new licensees taking over the commercialization of Trelstar in the United States and Canada and the termination of Allergan’s partnership with Debiopharm for strategic reasons.

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More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global Precocious puberty treatment market, providing historical data for 2018-2022 and forecast statistics from 2023-2033.

To understand opportunities in the precocious puberty treatment market the market is segmented on the basis of drug class ( Leuprorelin, Histrelin, Triptorelin, Nafarelin) By distribution channel (Hospital pharmacies, retail pharmacies, online pharmacies (By region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa).

Key Segments Profiled in the Precocious Puberty Treatment Industry Survey

By Drug Class:

  • Leuprorelin
  • Histrein
  • Triptorelin
  • Nafarelin

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.

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Hand Eczema (HE) Treatment Market value of US$ 53 Million in 2023

The global Hand Eczema (HE) Treatment Market is expected to garner a market value of US$ 53 Million in 2023 and is expected to accumulate a market value of US$ 114.42 Million by registering a CAGR of 8% in the forecast period 2023 to 2033. The market for Hand Eczema (HE) Treatment registered a CAGR of 4% in the historical period 2018 to 2022.

According to Studies, 31.6 million people (10.1%) in the U.S. have some form of eczema, and prevalence peaks during early childhood. The incidence of hand eczema is increasing globally, due to factors such as increased exposure to irritants, genetics, and underlying skin conditions. Furthermore, the growing focus on personal hygiene and skin care is increasing the demand for hand eczema treatment products and services.

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As a result of positive growth, various startups are entering the market. One such startup is Derm-Biome Pharmaceuticals, a Canadian startup focused on developing natural product pharmaceuticals for skin health improvement. The pharmaceuticals are derived from betulinic acid sourced from birch barks. The company’s lead derivative has shown potential in treating conditions such as atopic dermatitis, psoriasis, acne, and neoplastic skin disease.

North America is anticipated to acquire a market share of about 40% in the forecast period. This growth is attributable to the rising prevalence of the condition in the region. Furthermore, government initiatives and increase in the number of research partnerships are boosting the market growth across North America. Asia Pacific is a growing market due to a shift towards point-of-care healthcare. The increasing number of hospitals in India and China presents a promising market opportunity globally.

Key Takeaways from the Market Study

  • From 2018 to 2022, the Hand Eczema (HE) Treatment Management market grew at a CAGR of 4%.
  • The global Hand Eczema (HE) Treatment Management market is expected to grow with a 8% CAGR during 2023 to 2033.
  • As of 2033, the Hand Eczema (HE) Treatment Management Market is expected to reach US$ 114.42 Million
  • According to the FMI analysis, hospitals account for the largest market share.
  • North America is expected to possess 40% market share for the Hand Eczema (HE) Treatment Management market.
  • The Asia Pacific market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.

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

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Market Competition

Key players in the market include pharmaceutical companies such as GlaxoSmithKline, Pfizer, Sanofi, Johnson & Johnson and Novartis along with the healthcare providers and technology companies among other global players.

  • In June 2022, FDA approved Dupixent (dupilumab) for children aged 6 months to 5 years with moderate-to-severe atopic dermatitis who are unable to control their condition with topical prescription therapies or when such treatments are not advisable. The approval was granted under Priority Review, which is reserved for treatments that show potential improvement in efficacy or safety in treating serious conditions. The approval is based on data from a Phase 3 trial comparing Dupixent (200 mg or 300 mg every four weeks based on body weight) with low-potency topical corticosteroids (TCS) or TCS alone (placebo).
  • In January 2022, Pfizer announced that the FDA has approved CIBINQO (abrocitinib), a once-daily oral Janus kinase 1 (JAK1) inhibitor, for the treatment of moderate-to-severe atopic dermatitis in adults who are not adequately controlling their condition with other systemic treatments, including biologics, or when those treatments are not advisable.

More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global Hand Eczema (HE) Treatment Management market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

The study reveals essential insights on the basis of type, end-users and Region.

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Key Segments Profiled in the Hand Eczema (HE) Treatment Industry Survey

Type:

  • Topical Corticosteroids
  • Topical Calcineurin Inhibitors
  • UV Therapy

End-User:

  • Retail Pharmacy
  • Hospital Pharmacy
  • Online Pharmacy

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Biodefense Market valued at US$ 16.31 billion in the year 2023

It is estimated that the market is anticipated to reach US$ 32.99 billion by 2033 after being valued at US$ 16.31 billion in 2023. This market is projected to expand at a CAGR of 7.3% during the analysis period. The growing demand for vaccines, drugs, and medical devices provides companies with opportunities to expand their business and penetrate new markets.

Countries must maintain a constant supply of vaccines and biothreat detection technology to ensure their citizens’ safety. Initiatives like these can accelerate the growth of the biodefense industry.

A combination of government initiatives, increased government attention, and funding for biodefense strategies help fuel the biodefense market. As a result, these agents can cause social and economic turmoil. To protect warfighters from novel biological agents, the Department of Defense is modernizing its medical countermeasures approach.

The scope of the biodefense market may be further expanded by increasing private investment. This is due to the occurrence of different viruses such as the flu, the Ebola virus, and the Zika virus. Says a lead analyst at Future Market Insights.

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Key Takeaways from Market Study:

  • The biodefense market is anticipated to expand at a CAGR of 7.3% over the forecast period.
  • According to estimates, the biodefense market in North America is going to remain strong and account for 79% of the market share throughout the length of the forecast period.
  • China is expected to secure a high rate of 8.8% due to surges in research and development.
  • The anthrax segment held a significant market share of 28.1% in 2023.

Competitive Landscape:

Several prominent companies dominate this market, including Xoma Corporation, Altimmune, Inc., Emergent BioSolutions, Inc., Dynavax Technologies Corporation, SIGA Technologies, Inc., Elusys Therapeutics, Inc., Ichor Holdings, Ltd., Cleveland BioLabs, Inc., Bavarian Nordic A/S and Alnylam Pharmaceuticals, Inc. and others.

Many players are collaborating with governments in emerging and economically advantageous regions to gain bulk orders and boost sales. Many companies are working together for developing drugs to bring their products to the market. Key manufacturers are strengthening their presence in the market and staying ahead of the competition through expansion, new product launches, and approvals.

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Recent Developments:

  • A biodefense vaccine candidate developed by Appili Therapeutics Inc., ATI-1701, is expected to prevent Francisella tularensis infection by the end of February 2022 for over US$ 10 million. This funding may boost the company’s market share and growth in the biodefense market.
  • In an announcement, Emergent BioSolutions Inc. (NYSE: EBS) announced that its Biologics License Application (BLA) for AV7909 (Anthrax Vaccine Adsorbed, Adjuvanted) had been approved by the United States Food and Drug Administration (FDA).
  • Ichor Medical Systems, Inc., a privately held company, announced in March 2019 that it had entered into a collaboration and research license agreement with AstraZeneca to develop plasmid DNA constructs (recombinant monoclonal antibodies) for clinical testing. The terms of the agreement also include development milestone payments in addition to upfront and annual payments for Ichor.
  • In August 2018, CEPI (Coalition for Epidemic Preparedness Innovations) announced a collaboration with Profectus BioSciences, Inc. A vaccine against the Lassa virus was manufactured by Emergent BioSolutions Inc. By collaborating, these companies were able to expand their product portfolios and increase sales.

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Biodefense Market Segmentation by Category

By Product:

  • Anthrax
  • Smallpox
  • Botulism
  • Radiation/Nuclear

By Region Outlook:

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

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Surgical Scissors Market is anticipated to reach US$ 501 Million by 2032

The global surgical scissors market size is projected to reach a value of US$ 501 Million by the end of 2032, with sales growing at a slow rate of CAGR 2.9% for the forecast period of 2022 to 2032. Surgical scissors market is predicted to reach an estimated US$ 367.3 Million in 2022. These scissors make for easy sterilization and can endure intense heat and radiation which bodes well for future market prospects of surgical scissors.

Surgical scissors are used in different surgical procedures and is used for precise cuts and incisions. The market for surgical scissors is witnessing steady growth due to an increasing number of people opting for surgical procedures. Rising incidences of chronic and lifestyle diseases like cancer and obesity also contribute to target market expansion. Besides, heightened road and traffic accidents, consequent hospitalization fuel the market.

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An upsurge in the demand for minimally invasive surgical procedures also propels the market growth. Advances in minimally invasive surgical techniques and sophisticated surgical methods are rising in popularity. Manufacturers are producing scissors with eye rings utilizing computer-aided modeling. This, too, aids market expansion. Additionally, emergence of enhanced surgical scissors with greater strength and adaptability also improve market possibilities.

Besides, demand for cost effective and robust surgical instruments, growing geriatric population who are in need of various surgical procedures are some other factors that positively influence the surgical scissors market. However, fear of infection due to contaminated scissor may impede market growth.

“Increasing surgical procedures coupled with introduction of enhanced surgical equipment will likely supplement market growth of surgical scissors over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Growing demand for minimally invasive surgical procedures and introduction of improved surgical scissors to boost market possibilities.
  • Fear of contamination might impede market growth.
  • Reusable surgical scissors is one of the best performing market segments.
  • North America accounts for about 33.6% of the global market.
  • Asia Pacific region holds 29.7% of the overall market.

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Competitive Landscape 

KLS Martin LP, B. Braun Melsungen AG, Erbe Elektromedizin GmbH, Scanlan International, Lamidey Noury Medical, DTR Medical Ltd, Purple Surgical International Ltd, Sklar Surgical Instruments, and Accurate Surgical & Scientific Instruments Corporation among others are some of the major players in the surgical scissors market that are profiled in the full version of the report.

Existence of both well-known established players and start-ups make up for a highly competitive market. These market players are focusing on upgrading their existing products as well as developing new and innovative products thereby expanding their product portfolios. Newer businesses in the market may engage in partnerships and collaborations with regional players to gain a competitive edge.

More Insights into the Surgical Scissors Market Report

In its latest report, FMI offers an unbiased analysis of the global surgical scissors market, providing historical data from 2016 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on material type (steel, ceramic, tungsten, titanium, others), product type (reusable surgical scissors, disposable surgical scissors), end-users (hospitals, ambulatory surgical centers, clinics, home care settings, others), and region.

According to the latest FMI reports, based on regional growth, North America surgical scissors market is expected to account for about 33.6% of the global market. Presence of a great number of medical centers and enhanced healthcare infrastructure is supplementing the growth of the regional market. A major force of growth is the U.S. market as this market records a rise in the demand of the target product in many states across the country. The U.S. market is predicted to present lucrative opportunities to established market players over the assessment period.

The surgical scissors market in the Asia Pacific region holds 29.7% of the overall market. This growth can be attributed to the existence of a large patient pool as well as the rising number of surgical operations. Additionally, favourable government regulations in countries like China and India are expected to make this region the fastest growing market in terms of sales of surgical scissors over the forecast period

As per the latest study by FMI, based on segmentation, reusable surgical scissors are expected to lead the market growth over the assessment period owing to the benefits of being sterilized and reused

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Key Segments in the Surgical Scissors Market

By Material Type:

  • Steel
  • Ceramic
  • Tungsten
  • Titanium
  • Others

By Product Type:

  • Reusable surgical scissors
  • Disposable surgical scissors

By End User:

  • Hospitals
  • Ambulatory surgical centres
  • Clinics
  • Home care settings
  • Others

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
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Dubai,
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