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Meat Shrink Bag Market Surges: Expected to Exceed US$ 1.7 Billion by 2034 | FMI

The meat shrink bag market is expected to be US$ 990.3 million in size in 2024. The market size in 2023 was US$ 937.8 million. Over the forecast period, the CAGR for the market is projected to be 5.6%. By the end of the forecast period in 2034, the market value is anticipated to reach US$ 1,707.7 million.

Meat consumption is reaching new heights boosting the meat packaging industry. The meat shrink bag market is growing due to the positive trend of the meat packaging industry. The popularity of processed and ready-to-eat meat is further augmenting the market’s expansion.

Meat shrink bags are being increasingly adopted due to the convenience provided by the product. Meat shrink bags provide suitable protection, eliminating the chances of meat spoilage. Meat shrink bags are also lauded for being convenient to use and easy to unpack.

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Meat shrink bags prominently use plastic as a material. With an aversion toward growing concerns related to plastic among consumers, the meat shrink bag market has an obstacle in the path of growth. The tendency of a large amount of the population towards vegetarianism and veganism is further predicted to hamper the market.

Key Takeaways from the Meat Shrink Bag Market Report

The meat shrink bag market is anticipated to be US$ 990.3 million in value in 2024.

Polyethylene is the most common type of material used in meat shrink bags. For 2024, polyethylene is predicted to account for 70.9% of the market value.

Side-sealed bags are the most popular in the market. For 2024, side-sealed bags are expected to contribute to 48.4% of the market share.
The progress rate of the market in China is predicted to be encouraging. The CAGR for China over the forecast period is pegged at 6.8%.
India and Japan are the other Asian countries with potential for the market. For the 2024 to 2034 period, the CAGR for India and Japan is projected to be 6.0% and 5.2%, respectively.
Germany is slated to be at the forefront of market growth in Europe. For the forecast period, the CAGR for Germany is predicted to be 5.5%.

Growth Opportunities in Meat Shrink Bag Industry:

Increasing Demand for Convenience Packaging: The rise in consumer demand for convenient and easy-to-use packaging solutions is driving the growth of meat shrink bags, as they offer efficient packaging for various meat products.
Advancements in Packaging Technology: Technological innovations in packaging materials and processes are creating opportunities for enhanced product performance, shelf life extension, and cost-effectiveness in the meat shrink bag market.
Global Expansion of Meat Processing Industry: The expanding meat processing industry worldwide, driven by population growth and changing dietary habits, presents significant growth prospects for the meat shrink bag market as a key packaging solution.
Focus on Sustainable Packaging: With growing environmental concerns, there is an increasing focus on sustainable packaging solutions. Meat shrink bags that offer eco-friendly and recyclable options have a competitive edge and cater to the demand for environmentally conscious packaging.
E-commerce Boom in Food Industry: The surge in online food retailing and e-commerce platforms is creating new avenues for the meat shrink bag market. These bags cater to the specific needs of online packaging, ensuring product safety and quality during transportation.

Recent Developments in the Meat Shrink Bag Market

In July 2023, Amcor opened a new production facility in Swansea, the United Kingdom, to increase the production of its PrimeSeal meat packaging range.
At the Interpack event held in May 2023, the recyclable shrink bag made by Adapa Group called Vacushrink (RE) Max 55 Shrink Bag won a prize for sustainability.
In December 2022, the PVDC-free and recyclable Eco-Tite R shrink bag was launched by Amcor.

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Key Segmentations:

By Material Type:

Polyethylene
High-density polyethylene
Low-density polyethylene
Linear low-density polyethylene
Polypropylene
Polyethylene terephthalate
Ethylene vinyl alcohol
Polyvinyl chloride
Polyvinylidene chloride
Polyamide

By Product Type:

Side Sealed
Bottom Sealed
Others

By Region:

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

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

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 400 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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Website: https://www.futuremarketinsights.com
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Global Medical Spa Industry is projected to reach US$ 70.6 Billion in valuation by 2034, growing at an astounding 6.80% CAGR | FMI

The Global Medical Spa Industry is experiencing a surge in popularity, fueled by a growing consumer focus on health and wellness. In 2024, the market is estimated to be valued at a significant US$36.6 billion. Looking ahead, the market is projected to reach a staggering US$70.6 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 6.80%.

Embracing Aging with Grace: The World Health Organization (WHO) anticipates the geriatric population to reach 1.4 Billion by 2030. This demographic shift is driving a surge in the desire to look and feel appealing even as individuals age. As a result, the medical spa industry is expected to experience a significant upswing in the forecast period.

Pioneering Technological Advancements: Technological innovations are at the forefront of the medical spa market’s major trends. These advancements include state-of-the-art treatments such as radiofrequency body contouring, BTL aesthetics sculpt, microneedling, dermal or hydrafacial infusion toning, and muscle-sculpting treatments. Notably, in January 2022, Renew Medical Aesthetics launched a groundbreaking line of lip filler aesthetic treatments, available in two sizes: full syringe and half (mini) syringe.

The global medical spa industry is not only witnessing unprecedented growth but also evolving to meet the ever-growing demands of a diverse clientele. As individuals seek to maintain their youthful appearance and well-being, the medical spa market is expected to play a pivotal role in helping them achieve their goals.

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With consumers turning out to be all the more tech-savvy, the awareness regarding anti-aging solutions is on an exponential rise. Thus, the growing demand for anti-aging skincare solutions remains the key driver for the medical spa industry.

Skincare products are in great demand due to higher levels of pollution, adulteration in food products, use of biological substrates and hormones in dairy products, and exposure to harmful chemicals. Medical spas help in addressing early aging, premature hair loss, obesity, skin problems, and emotional ordeals caused due to them.

At the same time, higher monetary stakes involved in spa equipment are expected to restrain the medical spa industry going forward. The American Med Spa Association’s Supplement to Modern Aesthetics states that the price of laser hair removal in the US increased by more than 50% between 2011 and 2016 alone. The post-Covid era has resulted in an upsurge in these prices; specially to cover up the losses caused during lockdown.

Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Medical Spa Market’. It has a team of analysts and consultants to execute using a bottom-up approach in its primary, secondary, and tertiary modes of research.

“With the geriatric population on the rise, the global medical spa industry is slated to grow on an impertinent note going forward”, says an analyst from Future Market Insights.

Key Takeaways from the Global Medical Spa Industry

North America holds the largest market share with the US witnessing higher spending on wellness tourism (international as well as domestic). The current scenario is such that merely 206 medical spas are listed by the SIC in American Yellow Pages. 10K are expected to open shortly.
Europe holds the second-largest market share with The Netherlands, the UK, France, Germany, Belgium, Switzerland, Spain, Italy, Russia, and Turkey leading from the front.
The Asia-Pacific is expected to grow at the fastest rate in the medical spa market and the scenario is expected to remain unchanged even going forward with India, China, Singapore, Malaysia, and Thailand dominating.

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Global Medical Spa Industry Competitive Analysis

Longevity Health & Wellness Hotel, in August 2019, expanded its service unit all across Portugal. The spa center is abreast with preventive diagnostics, programs, and therapies, advanced wellness programs, and regenerative and modern integrative medicine.
Chic La Vie, in November 2021, tabled a Botox skin rejuvenating procedure wherein males could also try their hands at.
Bliss, in September 2018, floored medical spa services in New York. The company also entered into collaboration with Ideal Image (a provider of aesthetic and laser hair removal services, to incorporate aesthetic services all across Manhattan.
Laser MD Medspa, in 2021, completed the acquisition of Young Medical Spa for an undisclosed sum. The basic objective was to expand the operations in 4 locations in Pennsylvania. The company further aims to expand its footprint in over 15 locations across the Mid-Atlantic and northeastern regions.

What does the Report say?

The research study is based on services (body shaping & contouring, facial treatment, hair removal, scar revision, tattoo removal, and other services).
With rising demand for minimally invasive treatments like non-surgical skin tightening, chemical peels, removal of tattoos, and body sculpting, the global medical spa industry is expected to grow on a grand note in the forecast period.

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Key Companies Covered:

Chic La Vie
Clinique La Prairie
Kurotel – Longevity Medical Center and Spa
Lanserhof Lans
The Orchard Wellness Resort
Biovital Medspa
Allure Medspa
Longevity Wellness Worldwide
Serenity Medspa
Bijoux Medi-Spa
Vichy Celestins Spa Hotel
Brenners Park-Hotel & Spa
Sha Wellness Clinic
Cocoona Centre of Aesthetic Transformation
Mezzatorre Resort & Spa
Aesthetics Medispa
Lily’s Medi Spa
Lisse

Global Key Segments Covered in Medical Spa Industry Survey:

Global Medical Spa Industry by Service:

Body Shaping & Contouring
Facial Treatment
Hair Removal
Scar Revision
Tattoo Removal
Other services

Global Medical Spa Industry by Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 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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Burger Wrap Paper Market Set to Reach US$1,442.5 Million by 2034 | FMI

The Burger wrap paper market was estimated to be valued at US$ 993.5 million globally in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 3.80% from 2024 to 2034, or US$ 1,442.5 million. The demand for burger packaging papers is expected to rise due to the growth of the protective wrapping papers and packaging industries. The burger wrapping paper industry has a potential for growth due to the increasing marketing trends and supportive development programs.

During the forecast period, the global burger wrap paper market will experience growth fueled by various factors. Developed countries’ customers’ significant expenditure on fast food, for instance, will lead to an increase in demand for food wraps. Additionally, the market for burgers in developing countries is expected to grow considerably shortly, with consumers and businesses in these countries willing to embrace eco-friendly packaging solutions. This trend not only enhances the image of food-service companies but also attracts more customers in the long run. To meet their needs, many major multinational food-service businesses have switched to paper-based packaging and eliminated plastic packaging, using millions of tonnes of packaging daily.

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Takeout food packaging has become a popular choice for major fast-food restaurants. The burger industry is the most significant contributor to the global market, accounting for over one-third of fast food wrapping paper usage. Millions of burgers are packaged in Takeout food packaging papers and sold globally every day. However, these fast-food chains are now taking measures to curb packaging waste and pollution caused by Takeout food packaging products.

The market for burger wrap paper at a global level is characterized by a high degree of competition due to the proliferation of fast-food wrapping paper offered by an increasing number of manufacturers in each location. Fast food outlets have been taking measures to adopt eco-friendly practices to curtail pollution and waste that are associated with the use of plastic for packaging. Various nations are experiencing a surge in fast food consumption, which could provide vast growth opportunities for both domestic and international companies.

Food service disposables, such as polystyrene and polypropylene food wrappers, are notable for their slow decomposition, leading to environmental pollution. To tackle this issue, vendors have developed food packaging solutions made from recyclable materials and eco-friendly products like food packaging paper. This type of packaging has become a popular choice for edibles due to its cost-effectiveness and eco-friendliness, as it is simpler to recycle than other materials such as metals and plastics. The increasing restrictions on plastic products and the ban on single-use plastics are expected to drive the growth of the burger wrap paper market in the years ahead, as there is a growing demand for sustainable food packaging solutions.

The demand for reusable packaging is rising, including burger wrap paper that can be reused multiple times. This can be attributed to various factors, such as an increasing need for eco-friendly packaging and a reduction in the use of plastic packaging. Reusable packaging is typically made from sturdy materials. Hence, the growing popularity of reusable burger wrap paper is a significant development in the burger wrapping paper industry. This trend is expected to have a positive impact on the growth of the market.

Key Takeaways from the Burger Wrap Paper Market

The global burger wrap paper market is estimated to register a CAGR of 3.80% with a valuation of US$ 1,442.5 million by 2034.
The market captured a CAGR of 3.00% in the historical period between 2019 and 2023.
India is anticipated to dominate the global market by registering a 5.90% CAGR during the forecast period.
With a 4.80% CAGR, China is driving the global market by 2034.
The United Kingdom is anticipated to secure a CAGR of 2.70% in the global market during the forecast period.

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Key Strategies

In the highly competitive global market of burger wrap paper, major industry participants are implementing various growth strategies such as innovations, mergers, acquisitions, collaborations, and partnerships to maintain a competitive edge. To provide industries with the most effective and economical solutions, these players are also dedicating significant resources to research and development. By adopting these measures, the market players aim to enhance the cohesiveness of the industry and offer superior quality products to meet the ever-evolving needs of the customers.

Key Players:

Berry Global, Inc.
Delfort Group
Georgia-Pacific LLC
Twin Rivers Paper Company
Hindalco Industries Limited
Huhtamaki Oyj
Mitsubishi Chemical Holdings Corporation
Amcor plc
C. Johnson & Son Inc.
Nordic Paper AS
Advanced Coated Products Ltd.
Pudumjee Paper Products Ltd.
Seaman Paper Company
Schweitzer-Mauduit International Inc.

Recent Developments in the Burger Wrap Papers Market

In October 2023, major fast-food chains, including McDonald’s, Burger King, and Wendy’s, announced they will use 100% recycled or renewable packaging for their burger wraps by 2025.
In October 2023, Madison Square Garden taps new restaurant partners and menu items for the 2023-24 season, which will be served in the Biodegradable burger wrap materials.
In September 2023, Smurfit Kappa launched a new line of burger wrap paper that is compostable in both home and commercial composting facilities. The company has announced this as their way of helping out the environment.

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Key Segmentations:

By Basis Weight:

Up to 30 GSM
30 to 50 GSM
Above 50 GSM

By Material:

Aluminum Foil
Polyphane paper
Greaseproof sheets
Wax Paper
Kraft Paper

By End User:

Hotels
Restaurants
Cafes
Fast Food Outlets
Airline and Railway Catering
Others

By Region:

North America
Europe
Asia Pacific
Latin America
The Middle East & Africa

About Future Market Insights (FMI)

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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Fast Food Bag Market Surges: Projected to Reach $830.2 Million by 2034 | FMI

A fast food bag is a type of disposable packaging used by fast food restaurants and eateries to package and serve takeaway meals to customers. These bags are designed to hold a variety of food items such as burgers, fries, sandwiches, wraps, and other fast food items, providing convenience for customers to carry their meals on-the-go.

The fast food bag market, valued at US$ 486.0 million in 2024, exhibits growth from its 2023 valuation of US$ 460.7 million. Forecasts indicate a robust Compound Annual Growth Rate (CAGR) of 5.5% from 2024 to 2034, projecting the market to reach US$ 830.2 million by 2034.

The rising trend of online food ordering is also contributing to the growth of the market. Fast food bags provide a safe and practical option for the delivery of food.

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Key Takeaways

India’s market exhibits significant promise, poised for a robust growth with an anticipated 7.5% CAGR from 2024 to 2034.
The growing appetite for fast food among the Chinese population propels the fast food bag market, projected to achieve a 6.7% CAGR during the forecast period.
Japan’s market experiences rapid advancement, with a predicted 5.0% CAGR for the upcoming forecast period.
Australia embraces eco-friendly practices in fast food packaging, with vendors adopting biodegradable materials. The Australian market anticipates a steady 4.1% CAGR for the forecast period.

Key Trends

The proliferation of fast food establishments has led to a corresponding increase in the demand for fast food bags.

Fast food consumers are increasingly opting for eco-friendly packaging solutions, with biodegradable paper bags gaining popularity among both consumers and fast-food establishments. The rise of environmental consciousness has positioned biodegradable options as a preferred choice in the market.

Conversely, non-biodegradable bags, particularly plastic fast food bags, are facing scrutiny from consumers. The market for plastic bags is limited due to growing environmental concerns and the preference for sustainable alternatives like paper bags.

While the fast food culture remains prominent, a substantial portion of the population is shifting away from fast food. Health-conscious trends have led individuals to prioritize healthier eating habits, impacting the fast food bag market as a significant consumer base distances itself from traditional fast food options.

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Recent Developments in the Fast Food Bag Market:

In April 2023, the TempSmart bag was launched by Novolex Holdings LLC, which has the ability to display whether the food inside is hot or not.
In January 2023, single-use packaging was banned in French fast-food restaurants.
In December 2022, Mondi Plc. launched an eco-friendly, large-scale paper bag manufacturing facility in Morocco.

Market Players

Smurfit Kappa Group
WestRock Company
Mondi Group
Amcor Limited
Sonoco Products Company
Huhtamaki Oyj
Novolex Holdings LLC
Ronpak Inc.
International Paper Company
Berry Global Group, Inc.

Market Segmentation

By Material Type:

Brown Kraft
Disposable Foam
Polypropylene
Plant Fiber
White Kraft
Pulp Molding
Others

By Application:

Hotels, Restaurants and Cafes
Grocery Stores
Bakeries
Candy Stores
Gift Shops

By Region:

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

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About Future Market Insights (FMI)

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Nandini Singh Sawlani

Global Insulin Pumps industry is predicted to grow at a 10.3% CAGR and reach a staggering US$ 14.8 Billion By 2032 |FMI Analysis

The Global Insulin Pumps industry is poised for significant growth, fueled by a rise in diabetes diagnoses and advancements in pump technology, according to a recent analysis by Future Market Insights (FMI). The market, valued at US$5.5 billion in 2022, is expected to climb at an impressive Compound Annual Growth Rate (CAGR) of 10.3% through 2032. This translates to a projected market size of a staggering US$14.8 billion by the end of the forecast period, signifying a major expansion in the sector.

A major driver behind this surge is the alarming increase in the incidence of diabetes, attributed to factors such as age, obesity, and an unhealthy lifestyle. The report highlights that obesity, a primary cause of diabetes, is leading to a rise in the prevalence of diabetes-related ocular illnesses. Shockingly, in 2017, global estimates revealed approximately 22.9 million new cases of diabetes, with a reported prevalence of around 476 million individuals. Tragically, 1.37 million fatalities were recorded due to diabetes, and 1.37 million disability-adjusted life-years (DALYs) were associated with this health challenge.

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Obesity and being overweight are risk factors that are increasing the occurrence of type II diabetes. As a result, risk factors such as smoking, being overweight, being obese, and having high cholesterol are likely to increase the prevalence of type II diabetes.

Global Insulin Pumps Industry Competitive Landscape

Over the projected period, rising emphasis on innovations and investments among public and private entities is expected to strengthen competition in the market. In addition, product commercialization and partnership tactics are expected to be profitable in the upcoming years.

The key vendors in the Global Insulin Pumps Industry are Cellenovo, Sooil Development, Valeritas, Inc., JingasuDelfu Co., Ltd., Medtronic plc, Hoffmann-La Roche Ltd, Tandem Diabetic Care, Inc., Insulet Corporation, and Ypsomed.

Some of the recent developments in the Global Insulin Pumps industry:

In June 2019, Medtronic announced a partnership with Tidepool to develop an interoperable automated insulin pump system. The Medtronic MiniMed pump will serve as one of Tidepool Loop’s accessories, designed to communicate with Apple devices.
In September 2020, Insulet Corporation stated that its Omnipod DASH Insulin Management System would be widely available in Israel, Switzerland, Austria, Germany, Belgium, and France in the coming weeks. Denmark, Norway, Finland, and Sweden have already been exposed to this product.

In June 2020, Tandem Diabetes Care and Abbott announced a collaboration to develop and commercialize integrated diabetes care solutions. These products will combine Abbott’s continuous glucose monitoring technology with Tandem’s ground-breaking insulin delivery devices to better diabetic blood sugar control.
In September 2020, Medtronic announced that their MiniMedTM 770G hybrid closed loop system has received FDA clearance in the United States. This unique insulin administration system, which is equipped with the company’s SmartGuard technology, can be connected to a smartphone and can be modified for youngsters as young as two years old.

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Top 9 Key Companies Profiled in the Global Insulin Pumps Industry

Medtronic plc
Hoffmann-La Roche Ltd
Tandem Diabetic Care, Inc.
Insulet Corporation
Ypsomed
Cellenovo
Sooil Development
Valeritas, Inc
JingasuDelfu Co., Ltd.

Market Segments Covered in Global Insulin Pumps Industry Analysis

By Type:

Patch Pumps
Tethered Pumps

By Product Type:

Tandem
Accu-Chek
MiniMed
Omnipod
My Life Omnipod
Other Product Types

By Accessories:

Insulin reservoir or cartridges
Insulin set insertion devices
Battery

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Author

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

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

Dried Eggs Market Valued at US$ 4,719.6 Million with a 9% Projected CAGR by 2033

Explore the lucrative trajectory of the global dried eggs market, set to surpass US$ 4.7 billion by 2033 with a remarkable CAGR of 9%. Discover key factors driving growth, from increasing demand for packaged foods to innovative egg-based food ideas. Dive into category-wise insights, including the rise of dried egg whites and their dominance in the food processing industry.

Uncover strategic investment opportunities in regions like China, where companies are revolutionizing the dried egg market. Delve into the impact of factors like egg allergies and high tariffs on imported goods, influencing market dynamics. Gain insights into Germany’s growing market for dry egg products and Japan’s evolving preferences post-H5N1 outbreak.

For investors seeking a comprehensive guide to the dried eggs market’s potential and strategic insights, this article provides a concise overview, making it a must-read for those eyeing opportunities in the booming egg industry.

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Food production, baking, and other culinary activities all benefit from the usage of dried eggs. Without the need to break and separate fresh eggs, they offer a regular and dependable source of egg products and are simple to include in recipes. Since they may be used in so many different ways, dried eggs are a common ingredient in both commercial and domestic food preparation.

The growing global population is resulting in increased egg and egg-based product consumption, which is driving the market’s growth. In the coming years, the increasing applications of dried eggs across food, cosmetics, and personal care industries are likely to bolster the market’s expansion.

Dried eggs can be less expensive than fresh eggs since they are frequently offered in large quantities. Their usage depends upon requirement, which further adds to the cost-effectivity and wastage reduction caused by fresh eggs. Because of this, they are an excellent choice for people who wish to reduce their food expenses.

Compared to fresh eggs, dried eggs may be affordable, depending on the location and particular conditions. Dried eggs might be a cost-effective alternative, for instance, in regions with high transportation costs or if fresh eggs are pricey or in short supply. Such factors are expected to spike dried egg demand and aid market growth.

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Key Takeaways from Dried Eggs Market:

In 2018, the global dried eggs market size stood at US$ 1,922.5 million.
The market stood at US$ 2,000 million in 2022.
The market progressed at a slow-paced CAGR of 2.4% from 2018 to 2022.
Egg whites are expected to witness a high growth rate of 10.9% on average over the forecast period.
Ice cream and frozen desserts are anticipated to expand at a CAGR of 8.8% during the forecast period.
In 2022, Germany captured a 5.6% share of the global market.
In 2022, China garnered a 5.4% share of the global market.
In 2022, Japan occupied a 7.7% share of the global market.

Recent Developments Observed by FMI:

Eggsentials, a new shelf-stable dried whole-egg bead from Ovation Foods, was introduced in February 2022. The new product was introduced to enhance nutritional intake.
Ise-Suzuki Egg, the fifth-large producer of eggs in Japan, joined India’s market in February 2022. The firm began operations by producing one lakh eggs per month, increasing production every six months.

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Dried Eggs Market Segmentation

By Product Type:

Whole Eggs
Egg Whites
Egg Yolk

By End-use Application:

Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice cream and Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
Food Service Providers
Retail/Households
- Convenience Stores
- Discount Stores
- Modern Trade
- Grocery Stores
- Online Retail
- Specialty Food/Sports Stores
- Wholesalers
- Other Sales Channels

By Region:

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

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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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Artificial Ventilation and Anaesthesia Masks Industry Booming: Projected to Reach US$3.9 Billion by 2032 at a 5% CAGR | FMI

The Global Artificial Ventilation and Anaesthesia Masks Industry is poised for a remarkable expansion, with a projected market value of US$3.9 billion by 2032. This significant growth represents a substantial leap from the US$2.3 billion valuation recorded in 2021. Fueling this upward trajectory is a robust Compound Annual Growth Rate (CAGR) of 5.0% anticipated between 2022 and 2032, reflecting a consistent and positive market trend.

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Over the past decade, the healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancements in technology have created impressive scope within the medical sector for diagnostics and therapeutics.

The Artificial Ventilation and Anaesthesia Masks Industry research provides substantial data sets supporting major trends influencing market growth. It provides information on the tactics used by the major players to allay worries and handle issues that would hinder the market’s expansion for artificial ventilation and anaesthesia masks. The Global Artificial Ventilation and Anaesthesia Masks Industry report will help and identify the worries, for a smooth-sailing of the small & medium as well as large organisations, with the help of our deep research and information about the past, current, and future Market situation.

Critical Questions Answered in the Report

What are ongoing trends that will shape Market growth curve for global Artificial Ventilation and Anaesthesia MasksIndustry?
What are the drivers and challenges affecting the Artificial Ventilation and Anaesthesia Masks Market demand?
What are the recent technological advancement in the Artificial Ventilation and Anaesthesia Masks Industry?
What are key trends and opportunities that will prevail the revenue growth of Artificial Ventilation and Anaesthesia Masks Industry players?
How will evolving regulatory policies impact the Market growth?
What is the impact of Covid-19 on the Artificial Ventilation and Anaesthesia Masks Market?

A treatment comprising artificial ventilation and anaesthesia masks is given to more than 50% of patients who are hospitalised to an intensive care unit (ICU). One of the main drivers of the artificial ventilation and anaesthesia masks industry is the growing elderly population. By 2050, the United Nations predicted that there will be over 2 billion people who are elderly. An ageing population frequently makes chronic disorders like sleep apnea, cancer, COPD, kidney failure, and coronary artery disease worse. This increases the need for surgical procedures, which in turn raises the demand for anaesthesia masks and artificial ventilation.

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Global Artificial Ventilation and Anaesthesia Masks Industry: Segmentation

Detailed analysis of the geographical region and country-wise insights are offered in the latest Global Artificial Ventilation and Anaesthesia Masks Industry report with established market players as well as incumbents in the region.

The rising number of COPD patients also supports the market for anaesthesia masks and artificial ventilation systems. According to WHO estimates, the illness will likely rank as the third most common cause of death worldwide. According to reports, 12.7 million persons in the USA alone have COPD. The need for artificial ventilation and anaesthesia masks is anticipated to increase shortly due to the rising need for long-term home care and emergency treatment for lung disorders in both adults and children.

By Segment:

Global Artificial Ventilation and Anaesthesia Masks Industry by Application:

Operation Room
Intensive Care Unit
Emergency Room
Dental
Home Care

Global Artificial Ventilation and Anaesthesia Masks Industry by Risk of the Procedure:

High Risk Patients
Moderate Risk
Standard Patients

Global Artificial Ventilation and Anaesthesia Masks Industry by Region:

North America
Europe
APAC
Middle East and Africa (MEA)
Latin America

Comprehensive analysis of the regional Markets offers exclusive insights on the Market performance across geographies along with relevant graphs, figures, and list of tables.

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Competitive Analysis

By Prominent Global Artificial Ventilation and Anaesthesia Masks Industry Players

CareFusion Corporation
Air Liquide Healthcare
Koninklijke Philips N.V.
Fisher and Paykel Healthcare
ResMed
Ambu A/S
Hamilton Medical
Acutronic Medical Systems
GaleMed
HOFFRICHTER GmbH
Dragerwerk SA

The FMI study presents the strengths, weaknesses, growth opportunities, and obstacles of each participant using a thorough SWOT analysis. Important information is also provided in the study, such as the manufacturers’ sales, price, and marketing strategies for the market for artificial ventilation and anaesthesia masks.

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Cupcake Liner Market Set to Reach US$149.2 Million by 2034, Driven by Global Baking Trends

The global cupcake liner market is poised for substantial growth, projected to reach a revenue of US$ 149.2 million by 2034, driven by key trends shaping consumer preferences and industry dynamics. The increasing use of cupcake liners in various celebratory occasions, the popularity of bite-sized cupcakes over traditional wedding cakes, and the influence of innovative products like Moreish Cakes’ ‘Ripple Cupcake Liners’ underscore the market’s evolution. Environmental sustainability is emerging as a crucial factor, prompting competitors to adopt eco-friendly processing methods and materials.

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The demand for affordable indulgence amid unpredictable consumer spending patterns, coupled with supermarkets embracing upscale cupcake bakeries, further fuels the market’s positive trajectory. Investors eye promising economies like India and China, where the adoption of Western food and convenience products is on the rise due to busy work schedules.

The demand for cupcakes is expected to take an upswing in emerging economies owing to increasing discretionary incomes and popularity on social media platforms. Thus spurring the sales of cupcake liners in these geographies.

New cupcake trends, changing consumption patterns, increasing food establishments, and rising consumers’ appetites are the leading forces that are expected to fuel the sales of cupcake liners.

Key Takeaways from the Cupcake Liner Market Report

The market grew at a rate of 3.2% CAGR in the historical period, as opposed to the 4% CAGR expected for the forecast period.
The North America cupcake liner market is expected to account for a value share of 19.70% in 2024. Within the region, the United States is predicted to expand at a CAGR of 3.70% throughout the forecast period.
The Europe cupcake liner market is anticipated to account for a value share of 23.60% in 2024. The United Kingdom and Germany are expected to expand at a similar CAGR of 3% each.
In the Asia Pacific, India and China are the most promising markets for cupcake liners, registering CAGRs of 7.2% and 6.2% through 2034.
The paper material type is predicted to rule the global cupcake liner market by grabbing a market share of 70.30% in 2024.
Based on print type, the flexographic segment is anticipated to account for a market share of 47% in 2024.

Key Trends:

Several key trends are influencing the sales of cupcake liners on a global scale. Firstly, bakers’ increasing utilization of cupcake liners to dress their offerings of muffins and cupcakes is driven by the rise in celebratory occasions such as baby showers, holiday parties, birthdays, and themed celebrations. Additionally, the trend of individual bite-sized cupcakes gaining popularity, especially in weddings alongside elaborate cake creations, is further propelling the demand for cupcake liners.

The introduction of innovative products like Moreish Cakes’ ‘Ripple Cupcake Liners’ is also making waves in the industry, with their higher-quality thicker paper composition setting a new standard. Moreover, the growing environmental concerns are prompting competitors to seek eco-friendly processing methods and materials, reshaping the landscape of cupcake liners.

Furthermore, the rising demand for affordable indulgence is driving higher sales of cupcakes, with consumers increasingly opting for them as pick-me-up options. Supermarkets are also capitalizing on this trend by adding cupcakes to their in-store bakeries, further boosting the sales of cupcake liners. Lastly, stakeholders and investors are eyeing economies like India and China for higher returns, as consumers in these countries embrace Western food and convenience products amid busy work schedules, presenting significant market potential for cupcake liners.

Key Companies Profiled

Nordic Paper
Acorn Paper Products
Larsen Packaging Products
Rockline Industries
Paterson Pacific Parchment Company
PaperTech
AmerCareRoyal
Reynolds Consumer Products
Tielman Sweden AB
Hay Nien
McNairn Packaging

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Key Segmentations:

By Material Type:

Silicone
Aluminum Foil
Paper
Others
By Application:

Home Use
Commercial Use
By Distribution Channel:

Online
Offline
By Print Type:

Flexographic Printing
Offset Printing
Digital Printing
By Region:

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

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Frozen Egg Market Valued at US$ 6,245.8 Million with a CAGR of 6%

As per the FMI market analysis report, the frozen egg market is estimated to be worth around US$ 3,710 million in 2023. Further, the sales of frozen eggs are expected to register a CAGR of 6.2% between the years between 2023 and 2033.

It is anticipated that over the forecast period, premium frozen eggs could see an increase in demand due to an increase in consumer spending power around the world. To accommodate shifting consumers’ demand for healthier and more convenient ways to cook, many frozen egg suppliers are developing eggs with higher quality and additives.

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Key Takeaways from the Frozen Egg Market Study Report

The global market is likely to capture a CAGR of 6% during the forecast period.
The sales of frozen eggs in the United States accounted for nearly 24.5% of the overall revenue share in 2022.
Germany is the leading producer and supplier of frozen eggs in Europe and contributed a global revenue share of 14.3% in 2022. France, Italy, Spain, and the United Kingdom are the other leading consumers of frozen eggs in Europe followed by Germany.
Currently, China holds over 55% of the East Asia market share and is further expected to follow a CAGR of 5.4% over the forecast period.
Among the different product types, the whole eggs segment accounted for about 31% market share, followed by egg whites.
Based on sources, the conventional segment accounted for 63% of the overall sales and dominated the market in 2022.

Competitive Landscape for the Frozen Egg Market Players

Ballas Egg, Cargill, Sonstegard, Ovobel, Rembrandt, Willamette, Nature-Egg, NestFresh, and Bumble are some key players in the global market. Frozen egg product makers are poised to see intense growth by targeting the functional and packaged food and beverage industries.

Leading market players are shifting toward recyclable packaging methods to meet green regulations and attract consumer attention. So, technological innovations in packaging solutions can significantly improve product quality and significantly increase sales.

Recent Developments by the Frozen Egg Industries

Eurovo Group, which is a leading company in Europe for egg products purchased James A. Smith & Sons Ltd., which is a manufacturer and supplier of egg products based in the United Kingdom in Sept 2020. This expansion was intended to boost Eurovo Group’s position in the United Kingdom egg products industry and to broaden its product offering.

Egg Innovations brand, which produces cage-free and organic eggs was acquired by Hormel Foods in May 2019. This expansion by Hormel was seen as a part of its strategy to expand its product lines in natural and organic food products.

Rembrandt Enterprises Inc. is one of the leading egg supplier companies for North America which is based in the United States. In March 2022, it announced the acquisition of Hi-Tech Foods, which is a maker of precooked egg products and is situated in Georgia. The transaction sought to extend Rembrandt Foods’ product line and enhance its market position in the United States market.

In November 2021, Hilltop Holdings decided to acquire EggLife Foods, which is a producer of frozen egg wraps using cage-free eggs. The purchase was a part of Hilltop’s long-term strategy to expand its product line and expansion of supply chains.

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Frozen Egg Market by Category

By Product Type:

Whole Eggs
Egg Whites
Egg Yolk

By End Use:

Food Processing Industry
Bakery & Confectionery
Creamy Sauces
Ice cream & Frozen Desserts
Mayonnaise
Noodles & Pasta
Salad Dressings
Others
Food Service Providers
Retail/Household
Convenience Stores
Discount Stores
Modern Trade
Grocery Stores
Online Retail
Specialty Stores
Wholesalers
Other Sales Channel

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

Nandini Singh Sawlani

Global Scleral Lenses Industry Booming: Projected to Reach US$323.5 Million by 2032 at 6.3% CAGR | FMI

The Global Scleral Lenses Industry is poised for a remarkable trajectory, according to Future Market Insights (FMI) latest report. The market, currently valued at US$175.5 million in 2022, is expected to witness a significant leap, reaching an impressive US$323.5 million by 2032. Fueling this growth is a robust Compound Annual Growth Rate (CAGR) of 6.3%.

This surge aligns with the advancements witnessed in pharmaceuticals, medical devices, and the broader healthcare landscape. Scleral lenses offer distinct advantages over traditional contact lenses, making them a preferred choice for patients with complex eye conditions or those seeking improved comfort and long-term wear.

A key player in providing thorough insights to industry stakeholders is Future Market Insights, a top market intelligence supplier recognized for its 1000+ market research publications and database that has more than 1 billion data points. Modern digital intelligence tools help the company fulfill its mission of providing report purchasers with vital information, especially in times of market uncertainty and crisis.

The forthcoming business report from FMI meticulously scrutinizes the historical and current scenario of the Global Scleral Lenses Industry. It delves deep into production, consumption, volume, and value aspects, offering a profound understanding of market dynamics. The report further dissects the market into various segments, regions, and players, based on demand patterns and growth prospects.

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COVID-19 Impact Analysis on Global Scleral Lenses Industry

The recent outbreak of COVID-19 has turned the spotlight on the healthcare industry and subsequently impacted the Scleral Lenses market. Severe shortages of critical medical supplies and a rapid rise in several COVID-19 cases have resulted in a revolution rather than an evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Scleral Lenses market.

Following government measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the Global Scleral Lenses Industry. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Global Scleral Lenses Industry: Segmentation

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

Based on product type, the Global Scleral Lenses Industry can be segmented as:

Corneo-Scleral Lenses and Semi-Scleral Lenses
Mini-Scleral Lenses
Full Scleral Lenses

Based on application, the Global Scleral Lenses Industry can be segmented as:

Irregular Cornea
Ocular Surface Disease
Refractive Error
GP burnout
Astigmatism
Dry Eye
Others

Global Scleral Lenses Industry: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Scleral Lenses market. Competitive information detailed in the Scleral Lenses market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Scleral Lenses Industry report.

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Key players covered in the report include:

Bausch & Lomb Incorporated, Novartis AG, CooperVision and Johnson & Johnson, LUXOTTICA GROUP, Essilor, ZEISS International, Safilo Group, Rodenstock and others

Important Questions Answered in the Global Scleral Lenses Industry Report

Which end-user remains the top revenue contributor in different regional markets?
At what rate has the Global Scleral Lenses Industry been expanding during the forecast period?
How will the Global Scleral Lenses Industry look like by the end of the forecast period?
What innovative strategies are adopted by Scleral Lenses market players to stay ahead of the pack?
What are the restraints affecting the growth of the Global Scleral Lenses Industry?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis of growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment of the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis of each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with the necessary information to make critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Global Scleral Lenses Industry

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

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