Analgesics Market is projected to reach a valuation of US$ 132.0 Billion by 2033 at approximately a CAGR of 4.2%

The global Analgesics Market is expected to grow at a CAGR of 4.2% between 2023 and 2033, according to FMI estimates. The net worth of the analgesics market share is expected to increase from US$ 87.3 million in 2023 to more than US$ 132.0 million by 2033.

Acute and chronic illnesses like heart disease, cancer, diabetes, stroke, and arthritis are becoming more widespread, as are infectious diseases like gastrointestinal, respiratory, and neurological conditions. Demand for painkillers is increasing as these diseases spread more widely.

Major pharmaceutical corporations produce and distribute analgesics, consumer healthcare spending is rising, and the ageing population is a significant contributor to the rise in analgesic demand.

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Clinical trials will continue to be conducted to evaluate the safety and efficacy of a wide range of therapeutic drugs, increasing the analgesics market. Furthermore, analgesics market trends are primarily driven by the growing number of elderly people, cardiovascular diseases, cancer, and arthritis.

This is driven by technological advancements in the pharmaceutical industry that allow advanced analgesic drugs to be manufactured, which will create remunerative opportunities for the analgesics market forecast period.

Key Takeaways from the Analgesics Market Study

  • The global analgesics market expanded at 6%CAGR over 2017-2022.
  • The U.S. dominates the North American analgesics market with a total share of 5%in 2022 and is projected to continue exhibiting high demand registering a CAGR of 3.5%.
  • Surgical pain holds a revenue share of 3%in 2023 and is projected to continue accounting for over half of sales in the market by 2033.
  • By drug type, the demand for opioids is projected to increase at a CAGR of8%during the forecast period.
  • Based on distribution channels, hospital pharmacies led the analgesics market with more than 1%market share with a CAGR of 5.4% in 2023.
  • The analgesics market is expected to increase at a notable CAGR of 4.2%.

Competitive Landscape for the Analgesics Market

In the development of non-opioid or non-addictive pain management formulations, key players are focusing on novel and innovative approaches. Manufacturers are expanding their markets, launching new products, and receiving approvals to further strengthen their position in the market.

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Pfizer Inc., Sun Pharmaceutical Industries, Inc., Sanofi SA, AbbVie Inc. (Allergan plc), Teva Pharmaceuticals, Boehringer Ingelheim International GmbH, Janssen Pharmaceuticals, Inc. [Johnson & Johnson], Endo Pharmaceuticals Inc., Purdue Pharmaceuticals L.P., Assertio Therapeutics, Inc., Mallinckrodt Pharmaceuticals, Bayer AG, GlaxoSmithKline plc., Bausch Health Companies Inc., Novartis AG, and others, the market is growing and establishing a strong global presence.

Recent Developments in the Analgesics Market

  • ZYNRELEF was launched by Heron Therapeutics Inc. in July 2021. It is an extended-release product designed for soft tissue or periarticular application and provides analgesia for up to 72 hours following a bunionectomy, inguinal herniorrhaphy, or total knee replacement.
  • In January 2020, Novartis AG completed its acquisition of The Medical Company. This acquisition provided Novartis AG with new opportunities to treat disability and prevent death.
  • It was announced in May 2020 that Assertio Therapeutics, Inc. merged with Zyla Life Sciences. This merger created a growing pharmaceutical company with neurology, inflammation, and pain products.
  • By expanding safe medication disposal kiosks to an additional 900 Walgreens stores in October 2017, Pfizer Inc., AmerisourceBergen, Blue Cross Blue Shield Association, and Prime Therapeutics will join Walgreens (one of the nation’s largest drugstore chains) to fight the national opioid abuse crisis.
  • A pain relief spray called Volini Maxx was launched by Sun Pharma in August 2018.

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Analgesics Market Segmentation by Category

By Drug Class:

  • Opioids
  • NSAIDs
  • Local Anesthetics
  • Acetaminophen

By Indication:

  • Surgical Pain
  • Cancer Pain
  • Neuropathic Pain

By Route of Administration:

  • Oral
  • Parenteral
  • Transdermal

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Store
  • Clinics
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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Pesticide Detection Market is likely to reach a valuation of US$ 3,763.3 Million by 2032 | FMI

Due to the rising demand over the course of the projection period, the worldwide pesticide detection market anticipates a CAGR of 7.4%. It is projected to increase in value from US$ 1,843 Mn in 2022 to US$ 3,763.3 Mn by 2032.

Pesticides are natural or synthetic substances or combinations of one or more substances used for the suppression or alteration of the life cycle of a pest or to modify plant physiology so as to alter its natural development, productivity, etc. Pesticides can be naturally derived or synthetic or a microorganism such as the bacterium Bacillus Thuringiensis. Types of pesticides include bactericides, herbicides, baits, fungicides, rodenticides, insecticides, lures, and repellents.

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With the growing need of increased global food consumption as well as environmental changes are increasing pressure on farmers and food growers to grow more crops with high profitability. As a result use of pesticides, herbicides and fungicides has increased tremendously. Unfortunately, the pesticide compounds, and their by-products and metabolites, enter the foods and processed food products and are consumed by the general public, causing hazardous health effects.

However with increased health conscious consumers, rising health problems from consumption of food, and government regulations on food safety, pesticide detection has become need of the hour. Among chemical hazards of food contamination, the pesticides contamination has been characterized as a significant source of many serious diseases.Apart from the availability of number of pesticide detection techniques scientists are working on development of new and efficient pesticide testing technologies.

Pesticides Detection Market in Food & Beverages Global Market Trends and market drivers:

Concern related to increased disease and illness related to food and beverage consumption is major market driver for pesticides detection. As well as health conscious consumers, environmental concerns, consumer emphasis on natural and organic food trends are other major factors driving pesticide detection market. Globally increasing stringent food safety regulations are fueling demand for pesticide detection market.  The food and beverage testing market is expected to see continued growth because government regulations also continue to evolve in developed as well as developing economies. However export and import testing, labeling restrictions, and residue limits, all necessitate food laboratories to come up with innovative, cost-effective new and improved pesticide detection testing techniques to keep up with ever-changing laws and regulations.

In region wise outlook North America leads the food and beverage testing market, followed by Europe. In both the regions food safety is highly regulated by government. Asia Pacific and Middle East and Africa are becoming more involved in international tread in food as well as making population more aware about food contamination, foodborn illness etc. And hence these regions possess high future market potential for pesticide detection in food and beverages.

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Pesticides Detection Market in Food & Beverages Key Players:

Key market players of  service providers for  pesticides detection in food and beverages includes, Agilent Technologies Inc ,SGS S.A , Bureau Veritas S.A., Intertek Group PLC  Renka bio etc. The key market players of technology providers for pesticide detection in food and beverages includes Sciex, Merk, Thermo Fisher Scientific, Spensa Karlabs, etc.

Key Segments Profiled in the Pesticide Detection Market Survey

By Methods:

  • Multi-residue Types (MRMs)
  • Selective or Single Residue (SRMs)
  • Detect Multiple Pesticide Residues

By Technology:

  • Traditional Technologies
  • Rapid Detection Technologies
  • Gas Chromatography (GC)
  • Liquid Chromatography (LC)
  • High Performance Liquid Chromatography (HPLC)
  • Mass Spectrometer (MS)
  • Thin Layer Chromatography (TLC)
  • High Performance Thin Layer Chromatography (HPTLC)
  • Electro Analytical Technique
  • Electrochemical Sensors Chemicals & Biosensors
  • Spectroscopic Techniques
  • Flow Injection Analysis
  • Spectrophotometry
  • Capillary Electrophoresis
  • Bioassay for Pesticide Detection
  • ELISA Enzyme linked Immune Absorbent Assay

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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Ready To Use Supplementary Food Market anticipated to total a valuation of US$ 1646.1 Million by 2032

In 2022, the Sales of ready-to-use supplemental food are projected to be worth US$ 643.2 million. The rising prevalence of undernourished children in developing nations, increased awareness of malnutrition and its preventative measures, and the continued expansion of RUSF products from UN agencies, charitable organizations, hospitals, pharmacies, and others are all factors in the market’s expansion. By the end of 2032, the market for ready-to-use supplementary food items is expected to be worth over US$ 1,646.1 Million, expanding at a strong CAGR of 9.9% between 2022 and 2032.

The ready-to-use supplementary food has transformed the treatment of moderate malnutrition by providing essential nutrients, vitamins, and minerals-rich foods. These foods are safe and secure for direct consumption at home and support rapid weight gain in malnourished children. As per WFP and UNICEF estimations, 51 million children under five suffer from acute malnutrition globally. Malnutrition contributes to one million children’s mortality annually. Deficiency and access to essential nutrition required for growth is one of the major causes of malnutrition. Insufficient breastfeeding along with the practices of poor feeding, contributes to malnutrition.

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Ready-to-use supplementary food is required to be eaten during a two to three months period, as part of a nutritional treatment program and is ideal for treating children above 6 months and older. The ready-to-use supplementary food is made with nutritious oil seeds/cereals /pulses, vegetable oils, milk powder, sugar, vitamins and minerals. This can be consumed directly by child and thus provides significant consumption for complete recovery from moderate malnutrition.

Global Ready to Use Supplementary Food: Market Segmentation

The global ready to use supplementary food market is segmented on the basis of raw materials, as sugar, milk powder/whey milk, vitamins and minerals, peanut/rice/legumes etc.

Raw materials composition for ready to use supplementary food are same however, the substitute ingredients can be used as per the availability and cost effectiveness of raw material. Also, the WFP guidelines for preparation/manufacturing of ready to use supplementary food needs to be strictly followed by the manufacturers.

Ready to use supplementary food market is later segmented on the basis of product type as, paste, compressed bar, and biscuits. Ready to use supplementary food market is lastly segmented on basis of regions as Latin America, North America, Middle East and Africa, Asia Pacific excluding Japan, Japan, Eastern Europe, and Western Europe.

Global Ready-to-Use Supplementary Food Market: Growth Drivers and Trends

Globally rising malnutrition and emergency situations are the major market drivers of ready to use supplementary food products in near future. Increasing various government such as UNICEF, WFP, UNCHR etc. focus on treatment and management of malnutrition is driving market growth for ready to use supplementary food.

Not only global but also the local governments in the developing countries, where malnutrition is major issue are also focusing on allocation of more budget to purchase and distribution of ready to use supplementary food products.

As local governments and NGOs are focusing on local production of ready to use supplementary food products, entry of various global as well as local market players is expected to intensify market growth of ready to use supplementary food products.Besides all this, rising awareness about the ready to use supplementary food products, across the globe is also one of the factor expected to fuel the growth of ready to use supplementary food market over the forecast period.

New trend in the market is procure and use locally manufactured ready to use supplementary food products with the use of locally available raw materials, without compromising quality and nutrient value.

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Key Segments profiled in the Ready-to-Use Supplementary Food Industry Report

Ready-to-Use Supplementary Food Market by Type:

  • Solid
  • Paste

Ready-to-Use Supplementary Food Market by End Use:

  • Hospitals & Clinics
  • Charities
  • NGOs
  • Others

Ready-to-Use Supplementary Food Market by Sales Channel

  • Direct Sales
  • Retail Sales

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Frequently Asked Questions

  • What is the current valuation of ready to use supplementary food market?
  • What is the anticipated growth rate for ready to use supplementary food during the projected period?
  • What is the projected valuation for ready to use supplementary food market by 2032?
  • Who are the prominent ready to use supplementary food providers?

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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:

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Pneumococcal Vaccines Market is likely to hold a valuation of US$ 13.3 Billion at a CAGR of 4.1% from 2023 to 2033

As per the reports published by FMI, the global Pneumococcal Vaccines Market is projected to have an average-paced CAGR of 4.1% during the forecast period. The current valuation of the market is US$ 8.9 Billion in 2023. The pneumococcal vaccines market is expected to exceed a market valuation of US$ 13.3 billion by 2033. Future Market Insights analysts recorded a historical market valuation of US$ 8.5 Billion for the concerned market during the base year.

FMI has analyzed that due to the growth of the geriatric population the prevalence of pneumococcal disease is surging at a robust pace. This factor is the key stimulant behind the growth of the pneumococcal vaccine market. A major section of the urban population is inclined towards consuming tobacco and alcohol, which is leading to pneumococcal disorders like bloodstream infections, meningitis, bacteremic pneumonia, and more. Therefore, the pneumococcal vaccines market is estimated to propel at a robust pace through 2033.

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Additionally, the government across the developing regions is taking initiative to create awareness about bacterial pneumonia and is extending grants to the public authorities for the treatment of the same. This element prevailing in the market is likely to stir up the market landscape of pneumococcal vaccines in the long run.

Key Takeaways from the Pneumococcal Vaccines Market

  • The pneumococcal vaccines market has witnessed an unprecedented surge of US$ 0.4 Bn from the base year to the current.
  • The pneumococcal vaccines market is estimated to advance forward at a moderate pace, registering a CAGR of 4.1% through the forecast period.
  • The Prevenar-13 segment by product type category has accounted for the highest share of the pneumococcal market with US$ 9,500 Mn in 2023.
  • The public authorities segment by distribution channel category is estimated to hold dominant shares, trailing at a CAGR of 6.8% through the projection period.

“Rising disposable income and a growing population of patients, coupled with initial investments received from the government is likely to curate lucrative growth prospects for the pneumococcal vaccine manufacturers.” – Says an FMI Analyst.

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Competitive Landscape in the Pneumococcal Vaccines Market

The manufacturers in the pneumococcal vaccines market are indulging in activities that would fuel the rapid advancement of the industry through the forecast period. They are collaborating and entering into strategic partnerships with other prominent players proliferating in the market. Additionally, they are making significant investments in research and development activities to further launch products with advanced curing rates. They are entering into mergers and acquisitions to further strengthen their foothold in the market.

Panacea Biotech Ltd, Pfizer Inc, Sanofi S.A, Walvax Biotechnology Co. Ltd, and CSL Ltd are some of the key players in the market.

Recent Developments

  • In September 2020, a Japanese pharmaceutical company, Shinogi, made an announcement to enter into a license agreement with Hanavax, a next-generation nasal vaccine manufacturer. The agreement was likely to assist the company in research and development activities, commercialization, manufacturing, and distribution of Streptococcus pneumonia vaccines developed by Hanavax.
  • In December 2019, China-based biotechnology company, Walvax Biotechnology Co., Ltd. received approval from the regulatory body of China, the National Medical Products Administration for its pneumococcal-13 valent conjugate vaccine. This vaccine is also estimated to act as an alternative to Prevnar-13 for immunizing children in the age group of 6 months to 5 years.
  • In January 2018, Pfizer, one of the global leaders in the pharmaceutical industry made an announcement to reduce the price of the PCV-13 4-dose vial vaccine from US$ 3.05 to US$ 2.95 per dosage in the Gavi-supported countries.

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Some of the key players proliferating in the market are:

  • Astellas Pharma Inc
  • GlaxoSmithKline Plc
  • Merck & Co. Inc
  • Panacea Biotech Ltd
  • Pfizer Inc
  • Sanofi S.A
  • Walvax Biotechnology Co. Ltd
  • CSL Ltd
  • Serum Institute of India Pvt. Ltd
  • Talley Group Ltd

Key Segments in the Pneumococcal Vaccines Market

By Product Type:

  • Pneumococcal Polysaccharide Vaccines
  • Pneumococcal Conjugate Vaccines

By Distribution Channel:

  • Pharmacies
  • Community Clinics
  • Public Health Agencies
  • Others

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By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Premixed Cocktail Shots Market to expand at a 6.1% value CAGR by 2032 | Future Market Insights Inc.

Demand for pre-mixed cocktail shots is expected to reach US$ 3,708 million in 2022, rising at a 6.1% CAGR to US$ 6,716 million from 2022 to 2032. Growth is linked to cocktail beverages’ rising popularity. A CAGR of 5.6% was recorded for the market for premixed cocktail shots from 2016 to 2021. Cocktails that have been pre-mixed and packed for immediate consumption are known as premixed cocktail shots. Pre-mixed cocktail shots are a subset of the relatively new genre of confecting wine.

Premixed cocktail shots are premade shots that come in durable plastic glasses with peel away foil toppers. These premixed cocktail shots are available in the pack of 2, 4, 6, or 15 with an ABV (alcohol by volume) of more than 20%. This is a fresh concept that took off in the year 2013 with only two companies manufacturing it – LIQS and Twisted Shotz – both of which have received a great response in the North American Market.

Both these market players operate in the U.S. and Canada selling their products through retail stores, events, and on online platforms. Over the years, LIQS has developed 100% natural, low calorie, and gluten-free flavours blended with either spirits or wine while Twisted Shotz has focused on fun fruity flavours with catchy cocktail names.

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According to FMI, the overall premixed cocktail market has recorded great success in the past two years and is projected to record striking growth rate over the forecast period. Similarly the market for cocktail premixed shots is expected to follow the footsteps with more number of market players entering the market in the near future.

Effective Target Marketing is Carrying the Market to Souring Heights

Premixed cocktail shots market players are changing the game with their portable ready-made mixtures of premium spirits, real fruit juice, and natural flavours. Over the years, the market players promoted their products through celebrity endorsements, collaboration with social media influencers, and by sponsoring in top music festivals, major arenas and high profile events.

With active number of youngsters present on social media and their huge attendance at music festivals and other such major events, the market players were able to penetrate the cocktail market recording growing popularity, increased sales figures, and great response from the customers.

Youngsters these days have tendency to try out new things and develop liking towards them instantly, making them the most vulnerable target market for premixed cocktail shorts market players.

They also happen to be the ones that drive market trends pertaining to natural foods, low calorie foods, and foods free from allergens, to which the market players such as LIQS has the requisite product. Premixed cocktail shots are sold in bars, liquor stores, nightclubs, golf courses, hotels, festivals, music venues, and many other venues across North America.

Global Premixed Cocktail Shots: Key Players

Some of the key players manufacturing Premixed cocktail shots are as follows –

  • Bacardi & Company Limited
  • Diageo Plc
  • Heineken NV
  • Altia Oyj
  • Carlsberg A/S
  • Belvedere SA
  • Ball Corporation
  • The Whisky Exchange
  • Suntory Holdings
  • Mark Anthony Brands LIQS
  • Twisted Shotz.

Opportunities for Global Premixed Cocktail Shots Market Participants

The product is only available in the North American market at present and is expected to drive sales once introduced in the European market. Designed for home, boat, beach, tailgating, weddings, bbq’s, and parties the product has developed quite a liking among the North American consumers.

The premixed cocktail shots are ideal solutions to the problem of long bar lines at high volume venues such as concerts, music festivals, casinos, night clubs, hotel pool party’s and many other venues, that is, buying a convenient and premium mixed shot that can be enjoyed without the hassle of mixing or waiting in long lines.

The market is expected to overshoot with the end of the COVID-19 pandemic and with the resumption of large scale gatherings and festivals.

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COVID-19 Impact

The COVID-19 pandemic had a negative impact on the premixed cocktail shots market’s growth. The nationwide lockdowns imposed by the governments of the U.S. and Canada to fend from threat of corona virus left the event organizers, restaurants, hotels, bars, nightclubs, and other establishments helpless, registering huge losses.

This directly affected the sales of premixed cocktail shots, however, the market players were able to sustain on the business form online sales. The market is expected to shot up once everything goes back to normal.

The premixed cocktail shots market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Global Premixed Cocktail Shots: Market Segmentation

Based on Primary Ingredient :

  • Malt-based
  • Wine-based
  • Spirit-based
  • Others

Based on Additive Ingredient :

  • Alcoholic
  • Non-alcoholic

Based on Sales Channel :

  • Liquor Store
  • Hypermarket/Supermarket
  • Convenience Store
  • Online Retail
  • HoReCa
  • Others

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Frequently Asked Questions

  • What is the anticipated growth of the premixed cocktail shots market until 2032?
  • Which country is forecast to be the most lucrative for premixed cocktail shots market growth?
  • Which are some prominent premixed cocktail shots market manufacturers?

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 Inc.
Christiana Corporate, 200 Continental Drive,
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Vegan Drink Mixes Market is expected to register a 6.1% CAGR between 2022 and 2032 | Future Market Insights Inc.

The vegan drink mixes market size is expected to grow at a CAGR of 6.1%. The market is projected to be valued at US$ 12,145.5 Mn in 2022 and reach a valuation of US$ 21,956.8 Mn by the end of 2032.

Plant-based products are both healthier and safer than animal-based products. The vegan drink mixes market is being driven by growing popularity of veganism around the world. Increased adoption of vegan drink mixes is primarily due to its growing consumer popularity, as well as the product’s versatility in various applications.

Vegan drink mixes are linked to lower the risk of heart disease. A study, which was conducted by the Harvard School of Public Health, found that people who drank one or more servings of plant-based beverages per day were 32% less likely to develop heart disease than those who didn’t drink any.

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Researchers believe that antioxidants in plant-based drinks may be responsible for their protective effect on the heart. Antioxidants help to neutralize harmful molecules called free radicals, which can damage cells and lead to inflammation., which has led to growing consumer preference for it and, in turn, accelerated the vegan drink mixes market in the forecast period.

Another factor driving the high sales of vegan drink mixes is that more people are nowadays becoming vegan or vegetarian. It means that there is a larger market for vegan products. Another reason for growth is that more people are interested in health and wellness. They want to avoid processed foods and ingredients. They are mainly looking for ways to get more nutrients into their diet. Vegan drink mixes can be a great way to do this, as they are primarily made with whole fruits and vegetables.

Key Takeaways: Vegan Drink Mixes Market

  • India currently holds a vegan drink mixes market share of around 5.4% in South Asia.
  • Based on application, the sports nutrition segment is expected to generate a vegan drink mixes market share of 7.4% in 2022.
  • In terms of type, vegan juices are projected to account for a vegan drink mixes market share of nearly 5.3% in 2022.
  • During the forecast period, the Germany vegan drink mixes market is expected to grow at a high CAGR of 27.0%.
  • The U.K. vegan drink mixes market is anticipated to generate a share of about 5.2% in the forecast period.

“As the vegan movement continues to grow, the world can expect to see more products on the market that cater to this growing demographic. Vegan drink mixes offer a convenient way to get all of the nutrients a person needs without any animal products,” says a lead analyst at Future Market Insights.

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Competitive Landscape: Vegan Drink Mixes Market

Top 5 manufacturers of vegan drink mixes are Danone SA , Coca-Cola Company , PepsiCo Inc., Hain Celestial Group, and SunOpta Inc. Together, these companies are currently holding nearly 20% to 30% of the vegan drink mixes market share.

Companies are using vegan drink mixes in their products. The swift move to plant-based ingredients is mainly driven by high consumer demand for healthier, more sustainable options. Vegan drink mixes offer a wide variety of benefits, including lower calories and sugar content, as well as being free of dairy and gluten. With increasing research & development and technological advancements, numerous companies are finding new techniques to effectively use vegan drink mixes to their maximum potential.

Vegan drink mixes are used by companies like Danone SA as they are considered to be dairy free. The company uses these products in order to make their in-house items more accessible to vegans and those who are lactose intolerant. These products are also used by other companies in order to target the vegan market.

Vegan Drink Mixes Market Outlook by Category

By Type:

  • Vegan Hot Drinks
  • Vegan Cold Drinks
  • Vegan Juices

By Source:

  • Soy-base
  • Coconut-based
  • Rice-based
  • Almond-based
  • Oats-based
  • Fruits-based
  • Hazelnut-based
  • Cashew-based
  • Flax-based
  • Others

By Packaging:

  • Cans
  • Bottles
  • Pouches
  • Others

By Sale Channel:

  • B2B
  • B2C

By Distribution Channel:

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

By Flavor:

  • Plain
  • Flavored

By Application:

  • Sports Nutrition
  • Functional Beverages
  • Meal Replacement Drinks

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Pulse Products Market Forecast on Value, Growth, Future Opportunities & Challenges by 2032

As per FMI, the global pulse products market size is valued at US$ 1,28,023.8 Mn in 2022 and is expected to grow to US$ 1,95,044.6 Mn by 2032, with overall sales likely to rise at 4.3% CAGR throughout the forecast period.

Growing health awareness among people and growing demand for nutritious plant-based products are driving the global pulse products market.

Plant-based products are both healthier and safer than animal-based products. The pulse products market is being driven by the growing popularity of veganism around the world and increasing applications of pulse products in bakeries, snacks, beverages, and pet food.

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 Pulse products are linked to a number of health benefits. Some of these health benefits include improved heart health, lower blood pressure, and reduced cholesterol levels. Additionally, pulse products have also been linked to a decreased risk of developing certain types of cancer, which has led to a growing consumer preference for these products. This will continue to boost pulse products market during the forecast period.

Another factor driving the sales of pulse products is the growing demand for vegan and gluten-free foods. Pulse products have become great choices for people with dietary restrictions or allergies as they are low in carbs and calories. Pulse products are also non-GMO and made with organic ingredients. This appeals to consumers who are looking for healthy, natural products.

Key Takeaways:

  • Based on product, dry peas segment is expected to account for a significant value share of over 13% in the global pulse products market in 2022.
  • By type, the pulse protein segment is likely to grow at a higher pace during the forecast period.
  • North America is projected to hold a revenue share of around 34.4% in the global pulse products market during the forecast period.
  • The India pulse products market is anticipated to expand at around 5.4% CAGR between 2022 and 2032.
  • The pulse products market in the U.K. is expected to grow at a steady CAGR of 4.6% during the projected period.
  • The U.S. pulse products market is expected to reach a valuation of US$ 34 Bn in 2022.

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“Rising demand for healthy and nutritional products by consumers is projected to boost the pulse products market during the projected period. Besides this, growing applications in pet food will further propel the demand for pulse products over the next ten years,” says a lead analyst at Future Market Insights.

Rising Usage in Food Products Boosting Pulse Products Market

Companies are using pulse products in their food products because they are a healthier option than some other types of food. For example, pulse flour is lower in calories and has more nutrients than other types of flour.

Pulse products are used by companies like Avena Foods to create functional foods and supplements. The products come in many forms, including powders, granules, and tablets. They can be used to create healthy snacks or meals, and they are also popular among athletes and those looking to maintain a healthy weight.

Competitive landscape:

Top 5 manufacturers of pulse products include Roquette, Vestkorn, Purisfoods, Avena Foods and  ADM, together holding around 20% to 30%  Pulse products market share. These companies are adopting various organic and inorganic strategies such as new product launches, mergers, acquisitions, collaborations, partnerships, price reduction, and strengthening of distribution channels to improve their revenue share as well as expand their global footprint.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of Pulse products presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study provides valuable insight on the pulse products market based on by Product (Chick Peas, Kaspa Peas, Lentils, Pigeon Peas, Fava Beans, Black Gram, Beans, Lentils, Dry Peas, Mung Beans, Other), By Type (Pulse Fiber, Pulse Grits Pulse Starches, Pulse Protein, Pulse Flour), By Application (Bakery, Beverages, Extruded Snacks, Pet Food, Others), By End Use (Home use, Snack Food Industry, Flour Industry, Others)

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
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Biologic Excipients Market is expected to grow to US$ 1.7 Billion by 2028 at a CAGR of 3.4 %

According to a Future Market Insights (FMI) report, the global Biologic Excipients Market had a value of USD 1.4 billion in 2022 and is projected to grow to US$ 1.7 billion by 2028, exhibiting a cumulative CAGR of 3.4% over the forecast period (2022-2028).

Future Market Insights (FMI) delivers key insights on the Global Biologic Excipients Market in its upcoming report titled “Biologic Excipients Market: Global Industry Analysis 2013–2017. In terms of revenue, the global biologic excipients market is projected to register a CAGR of 3.6% over the forecast period owing to various factors, regarding which FMI offers detailed insights and forecasts in this report.

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Global Biologic Excipients Market: Segmental Analysis & Forecast

The global market is segmented based on excipient type, end user and region. Based on excipient type the market is segmented into polymers, sugar alcohols, polysorbates, inorganic salts, amino acids, surfactants and others. Polymers biologic excipients are anticipated to lead the biologic excipients market over the forecast period. Polymer biologic excipients account for the highest revenue share and are anticipated to witness a growth rate of 3.7% over the forecast period.

By end user, the market is segmented into biopharmaceutical manufacturers, contract research organisations/contract manufacturing organisations, and research organisations. Biopharmaceutical manufacturers is the leading segment in the global biologic excipients market over the forecast period. This segment accounts for a relatively higher revenue share, which is expected to register a CAGR of 6.0% over the forecast period.

Global Biologic Excipients Market: Dynamics

Growth of the global biologic excipients market is primarily driven by rising global demand for medicines, greater uptake of biologics driving demand for parenteral formulations, increasing acquisition of contract research organisations, patent expiration of major blockbuster drugs, growing adoption of advanced drug delivery technologies, increasing research in pediatric formulations, growing demand for extended-release or sustained release formulations, increasing demand for oral solid drug formulations, rising demand from emerging economies pushing local drug production, and increasing per capita healthcare expenditure.

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However, lack of proper data documentation on gras status of excipients, regulatory audits restricting supply capacity, regulatory hurdles detering novel excipient development, and stability testing of excipients imposing cost liabilities on drug manufacturers are some factors expected to hamper the growth of the global biologic excipients market over the forecast period.

A key trend witnessed in the biologic excipients market is increasing adoption of continuous processing of biologic excipients, dependence of large drug manufacturers on in-house biologic excipients production, vast proportion of imported excipients leading to production delays, and regulatory harmonisation with respect to gradation of excipients. Furthermore, the growing importance of developing biologic excipients by big players in order to enhance their product portfolio, growing importance for manufacturing authorisation, growing market for topical and parenteral applications and compulsory licensing promoting demand for biologic excipients are the key trends likely to be witnessed in the global biologic excipients market.

Global Biologic Excipients Market: Regional Analysis

The North America regional market is projected to dominate the global biologic excipients market, accounting for a maximum revenue share of the global market by 2017 end. The North America, Western Europe, and Asia Pacific markets accounted for 77.3% of the total biologic excipients market share in terms of value in 2017. Revenue from the market in APEJ is estimated to expand at a CAGR of 4.2% over the forecast period.

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Some of the key players featured in this report on the global biologic excipients market include BASF Corporation, FMC Corporation, Wacker Chemie AG, Evonik Industries AG, Ashland Global Holdings Inc., Archer-Daniels-Midland Co., Roquette Freres S.A., The Dow Chemical Company, Colorcon Inc., Signet Chemical Co. Pvt. Ltd. This report discusses the individual strategies followed by these companies regarding bringing improvements in their products, creating new manufacturing facilities, market consolidation and advanced R&D initiatives. The report concludes with key takeaways for players already present in the market and new players planning to enter the market.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 07-years.

Contact Us:

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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Increasing Bone Injuries to drive the Bone Screw System Market reaching US$ 1.96 Billion by 2032 at a CAGR of 6.4%

The global Bone Screw System Market stands at US$ 1.35 Billion as of now and is expected to reach US$ 1.96 Billion by the year 2032 at a CAGR of 6.4% between 2022 and 2032.

With growing occurrences of orthopedic diseases, fractures, and soft-tissue injuries, the bone screw market is expected to grow manifold in the upcoming period. These screw systems are used to attach implants to the bones and also for soft-tissue fixation. As such, enhancement in bone structure is ascertained.

The developed and developing nations are also asking for technologically advanced procedures. Apart from orthopedic disorders, 20-50 Mn mishaps and the disabilities are witnessed every year. This has been confirmed by the WHO.

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Out of locking screws, conventional screws, cannulated screws, headless screws, special screws, threaded screws, cannulated screws, which comprise hollow central shaft, are increasingly preferred for metaphyseal fractures. This screw is small in size and that’s why, could be used over guide pin or guide wire (using fluoroscopy). This small size lets re-insertion, that too, not just once but multiple times. Knowles pin (a kind of cannulated screw) is used for fixing slipped capital femoral epiphysis in kids. Overall, bone screw system is able to put a cap on the post-surgery complications, thereby increasing procedural outcomes. This factor is expected to help the bone screw system on an unstoppable note going forward.

Coming to materials, out of stainless steel, titanium, and bio-absorbable materials, the third ones are expected to account for maximum contribution to market revenue.

The WHO has also confirmed that around 1.71 Bn people do suffer from musculoskeletal disorders across the globe, out of which lower back pain is witnessed by 568 Mn people. Dexterity and mobility are likely to get adversely affected herein. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Bone Screw System Market’. It has its team of analysts and consultants to execute through bottom-up approach.

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Key Takeaways from Bone Screw System Market

  • North America holds the largest market share due to growing frequency of road accidents and sports injuries. The Center for Medicare and Medicaid Services (CMS) dated 2019, every seventh American does suffer from orthopedic disorder. Also, the National Highway Traffic Administration has mentioned that nearly 5.25 Mn road accidents take place in the US every single year.
  • Europe is expected to hold more than 26% of the market share. This could be attributed to increase in surgeries related to orthopedic trauma. Osteoporosis is also growing at an alarming rate. It needs to be noted that surgeons are using the hip IM nails in the form of substitutes to compression hip screws for treating proximal femoral fractures.

Competitive Landscape

  • DePuy Synthes (a Johnson & Johnson Medical Devices Company), in December 2021, completed acquisition of OrthoSpin, Ltd., with the objective of manufacturing and developing an automated strut system. This was done in association with ‘DePuy Synthes MAXFRAMETM Multi-Axial Correction System (an external ring fixation system).
  • Silver Bullet Therapeutics, Inc., in October 2021, formally launched OrthoFuzlon Bone Screw System at DKOU German Congress of Orthopedics and Traumatology (Berlin – October 2-28). The company showcased its product line of OrthoFuzlon at Argomedical’s booth number 61 in Hall 4.2.

“The fact that bone screw system is increasingly used to have surgical internal fixation of bones is expected to take the bone screw system by storm in the near future”, says an analyst from Future Market Insights.

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How does the Report go about?

  • The research study is based on material type (stainless-steel bone screw system, titanium screw bone screw system, and bio-absorbable screw bone screw system), by application (lower extremity bone screw system, upper extremity bone screw system, spinal bone screw system, and other bone screw system), and by end-user (bone screw system for hospitals, bone screw system for clinics, and bone screw system for Ambulatory Surgical Centers).
  • Bone screw system is being increasingly used to enable internal fixation for holding bone fragments altogether or for affixing an implant, like plate to bone. This factor is expected to help the bone screw system market flourish in the upcoming period.

Key Segments Covered in Bone Screw System Industry Survey

  • Bone Screw System by Material Type:
  • Stainless-Steel Bone Screw System
  • Titanium Screw Bone Screw System
  • Bio-absorbable Screw Bone Screw System
  • Bone Screw System by Application:
  • Lower Extremity Bone Screw System
  • Upper Extremity Bone Screw System
  • Spinal Bone Screw System
  • Other Bone Screw Systems

Bone Screw System by End User:

  • Bone Screw System for Hospitals
  • Bone Screw System for Clinics
  • Bone Screw System for Ambulatory Surgical Centers

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 07-years.

Contact Us:

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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Flour Substitutes Market Growth, Demand and Supply with Consumer Insights from 2022 to 2032

As per FMI, the global flour substitutes market size is expected to grow from 26,322.3 Mn in 2022 to US$ 42,066.5 Mn by 2032, with overall sales accelerating at 4.8% CAGR throughout the forecast period.

Rising demand for gluten-free products along with increasing prevalence of allergies and celiac disease is a key factor driving growth in the global flour substitutes market.

Flour substitutes are linked to a number of health benefits. Studies have shown that flour substitutes can help lower cholesterol levels and improve blood sugar control. They can also help reduce the risk of heart disease and stroke., which has led to a growing consumer preference for these and in turn is accelerating the flour substitutes market.

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Another factor driving the increased sales of flour substitutes is the health benefits that they offer. Many of these substitutes are made with whole grains and other healthy ingredients, which means that they can be a great way to get your daily dose of fiber and other nutrients. And since they’re often lower in calories than traditional flour, they’re also a good option for people who are watching their weight.

Similarly, widening applications of flour substitutes across food processing and bakery industries will bode well for the market during the forecast period.

Flour substitute market manufacturers are developing novel ways to incorporate these products into various processed foods. They are investing in research and development to introduce novel flour substitutes that are rich in healthy nutrients.

Key Takeaways:

  • Based on product, the chickpea flour segment is expected to grow at the highest CAGR of 5.4% during the forecast period.
  • North America holds around 30.5% share of the global flour substitutes market and it is likely to retain its dominance during the projected period.
  • The flour substitutes market in India is likely to grow at around 4.5% CAGR between 2022 and 2032.
  • The U.K. flour substitutes market is expected to grow at a steady CAGR of 3.6% throughout the forecast period.
  • The U.S. flour substitutes market is expected to reach a total valuation of US$ 346 Bn in 2022.

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“With rising health awareness and surge in cases of lactose intolerance, consumers are shifting towards flour substitutes as they are low in carbs and calories yet richer in protein and fiber. This will boost the overall flour substitutes market over the next ten years,” says a lead analyst at Future Market Insights.

Competitive landscape:

Top 5 manufacturers of flour substitutes are Bob’s Red Mill, King Arthur Flour, Hodgson Mill, Pillsbury, Arrowhead Mills, holding 20% to 30% of the flour substitutes market share.

Companies are using flour substitutes in their products. This is because flour substitutes are cheaper and easier to obtain than wheat flour. Additionally, flour substitutes can be used to create a variety of textures and flavors. With increasing research and development and technological advancements, companies are finding new techniques to effectively use flour substitutes to their maximum potential.

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Future Market Insights, in its new offering, provides an unbiased analysis of Flour Substitutes presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study provides valuable insight on the Flour Substitutes market based on By Product (Corn Flour, Rice Flour, Sweet Potato Flour, Spelt flour, Buckwheat flour, Quinoa Flour, Oat flour , Coconut flour , Chickpea flour, Brown rice flour, Rye flour, Amaranth flour, Teff flour, Millet flour, Almond Flour),By Application(Baked Goods, Noodles, Pastry, Fried Food), By Type(Gluten-containing flours, Gluten-free flours)

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About Food & Beverage Division at Future Market Insights

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs