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The processed cheese market is anticipated to expand at a CAGR of 3.8% over the anticipated forecast period, according to data from Future Market Insights. From USD 15.9 billion in 2022 to USD 23.2 billion in 2032, market value is anticipated to rise. The market for processed cheese had a value of USD 15.5 billion at the end of 2021 and is projected to expand by 2.9% year over year in 2022.

Cream cheese spreads, for example, are available in various tastes, including Original, Aged Cheddar, Seriously Strawberry, and Very Veggie. Processed cheese is popular among children because of its smooth texture and mild flavour. Furthermore, some younger consumers avoid real cheese in favor of dairy-free alternatives.

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Consumers that identify as flexitarians are significantly responsible for the general growth of the plant-based movement. Such consumers attempt to consume fewer animal products rather than fully eliminate them. Processed nut-free cheese substitutes are now available in certain stores, made from cultured legumes and oats.

Key Takeaways from Market Study

• North America processed cheese market is expected to register 1.8% CAGR between 2022 and 2032
• The demand for processed cheese is expected to grow at 2.0% CAGR between 2022 and 2031.
• The Japan processed cheese market will grow at 1.6% CAGR between 2022 and 2032 The India processed cheese market will grow at 2.7% CAGR between 2022 and 2032
• Based on form, the spreadable cheese segment is expected to witness fastest growth over the forecast period

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 “The need to create new cheese snack products has resulted in a demand for more intriguing flavours. Today’s consumers want bolder flavours and more detailed brand names. Simultaneously, the cheeses utilized in specific goods are becoming increasingly specific and personalized. Hence, leading players are likely to capitalize on this existing trend to gain revenue” said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering Processed Cheese are Koninklijke FrieslandCampina N.V, Gilman Cheese Corporation, Arla Foods Amba, Almarai Company, Fonterra Co-operative Group Limited, Groupe Lactalis S.A., Associated Milk Producers, Rumiano Cheese Co, AMUL, Sargento Foods, Inc., Molkerei Ammerland Eg, Hilmar Cheese Company, Inc., Savencia SA, Le Groupe Bel, Kraft Heinz, Megmilk Snow Brand Co Ltd., Rokko Butter, Modern Mashrek, and Others.

Get Valuable Insights into Processed Cheese market 

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

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The study divulges compelling insights on the Processed Cheese market based on by Type (Blue Cheese, Brick Cheese, Camembert Cheese, Cheddar Cheese, Cottage Cheese, Cream Cheese, Mozzarella Cheese, Romano Cheese, Swiss Cheese, and Other Processed Cheese), by Form (Cheese Blocks, Traingle, Rectangle, Circle, Square, Cheese Slice, Cheese Spread, and Cheese Spray), by Milk Source (Cattle Milk, Goat Milk, and Sheep Milk), by End Use (Retail / Household, HoReCa, and F&B Industry), by Distribution Channel (B2B and B2C) and across seven major regions.

About the Food & Beverage Division at Future Market Insights

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

About FMI

Future Market Insights’ analysis predicts that over the upcoming years, the market for Nata de Coco will grow at a CAGR of 3.5%. The industry is expected to increase in value from US$ 793.3 Million in 2022 to US$ 1,434.1 Million in 2032. The Nata De Coco Market was worth US$ 767.2 Million by the end of 2021.

Its fiber content makes it very healthy for digestion. Nata de coco contains less sugar, thus, diabetes, and obesity patients coupled with consumers who are on the watch for the weight can add it to their regular diet.

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The presence of little cholesterol in Nata de coco makes it healthy for consumption by people with cardiovascular diseases.

The health attributes associated with the consumption of Nata de coco are the factors fueling the growth of the Nata de coco market globally.

Leading players in the industry are focusing on innovative products that will attract consumers to their market.

Nata De Coco Market Growth Drivers

Consumers have been conscious of their health time before now, and they are ready to spend a premium on any food product that offers high nutritive value and health benefits to them.

Nata de coco is rich in fiber, a nutrient that makes haste and eases digestion. It also contains unsaturated fatty acids, which makes it adequate for people with cardiovascular diseases.

The global Nata de coco market is expected to grow significantly during the forecast period.

Nata de coco has found applications in various ends user sectors such as the food and beverage industry, the pharmaceutical industry, and others. High revenue is expected in a few years in all regions of the world.

Key players in the industry have innovated new products expected to woo consumers to the global mark.

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Nata de coco is often mixed or blends with different essence products like banana, almond, strawberry, vanilla, and many others.

The presence of varieties in the global market is slated to create a global surge in demand for Nata de coco products.

Nata de coco is deemed safe for everyone, and due to this, the market with grow tremendously during the forecast period.

The market is estimated to record the highest CAGR over the forecast period.

Nata de coco is used in almost all confectionery products, and it’s expected to fuel the market’s growth as demand for these products is increasing annually.

Nata De Coco Market: Competitive Landscape

The global Nata de coco market is consolidated and highly competitive. Key players in the industry are innovating new products to fuel the growth of their industry.Some of the players in the industry are;

• F&N Magnolia
• Nata De Coco Manufacturing Sdn Bhd (NDC)
• The Prachuab Fruit Canning Co., Ltd. (Praft)
• Happy Alliance Sdn Bhd.
• Captain Dolphin Marketing (M) Sdn. Bhd.
• Jeram Coconut Sdn. Bhd.
• Choke Mahachai Beverage Co., Ltd.
• Mogu Mogu Manila

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Nata De Coco Market Segment Analysis

The global Nata de coco market can be segmented on the following basis:

By End Product

• Beverages & Syrups
• Ice Cream
• Confectionery
• Jellies
• Dessert

By Distribution Channel

• Convenience Store
• Retailer
• Online
• Supermarket/Hypermarket

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Between 2023 and 2033, the Market for Commercial Cheese Shredders is projected to grow at a 7.1% CAGR, reaching a value of US$ 23,094.7 million by that year.
The demand for commercial cheese shredders is being driven in part by rising usage in homes, hotels, and restaurants. Commercial cheese shredders are appliances that are used to grate cheese into tiny pieces or shreds, which are then used in recipes for egg salad and welsh rarebit. People can quickly and easily grate cheese with the aid of this equipment.

Rapid growth of fast food industry and increasing demand for processed food products across the globe is expected to boost the global commercial cheese shredder market during the forecast period.

Demand is particularly rising for automatic cheese shredders due to their increased popularity across HoReCa and food processing industries. These automatic cheese shredders are useful for saving costs and effort as well as improving overall productivity.

Leading commercial cheese shredder manufacturers are constantly innovating to develop novel cheese shredders and cheese graters with better efficiency and user-friendly nature. They are launching new automatic cheese shredders to meet changing end user demand. This will help the market to thrive during the next decade.

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Key Takeaways from the Commercial Cheese Shredder Market Study:

• During the projection period (2023 to 2033), the commercial cheese shredder market is projected to expand at a CAGR of 7.1%.
• By product type, sales of automatic commercial cheese shredders are expected to outpace the semi-automatic ones.
• Based on end user, commercial segment is anticipated to generate lucrative revenues through 2033.
• The Asia Pacific is expected to emerge as the most lucrative market for commercial cheese shredders during the forecast period.
• China holds around 35% of the Asia pacific commercial cheese shredder market.
• The United States commercial cheese shredder market is currently valued at US$ 1,344.5 million and it is poised to expand at a robust pace over the next ten years.

“Growing usage of shredded cheese for making a variety of processed food products and dishes will create lucrative growth prospects for the commercial cheese shredder market during the next ten years”, Says a lead FMI analyst.

Who is Winning?

Leading manufacturers of commercial cheese shredders are FAM, Urschel Laboratories, GEA Group, MIMASA, and Cavecchi.

New product launches, mergers, partnerships, acquisitions, and strengthening distribution channels are a few strategies employed by key commercial cheese shredder manufacturers to gain a competitive edge in the market.

Get Valuable Insights into Commercial Cheese Shredders Market

FMI, in its new offering, provides an unbiased analysis of the Commercial Cheese Shredders market presenting historical demand data (2018 to 2022) and forecast statistics for the period from (2023 to 2033). The study divulges compelling insights on the demand for Commercial Cheese Shredders Market is segmented into three major sections, as below:

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By Product Type:

• Semi-automatic Shredders
• Automatic Cheese Shredders

By End User:

• Commercial
• Household

By Region:

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

About Future Market Insights (FMI)

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

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The global boron trifluoride and complexes market is projected to reach a value of US$ 389.4 Million by 2029, with the market expanding at a moderate CAGR of 5.3% from 2022 to 2029. Valued at US$ 257.2 Million in 2021, the target market is expected to reach an estimated US$ 270.7 Million in 2022.

Owing to an escalation in the application of boron trifluoride as a catalyst in the chemical industry, the boron trifluoride and complexes market is expected to expand steadily during the forecast period. Predominantly used as a catalyst in the chemical, agricultural, petrochemical, and pharmaceutical industries, boron trifluoride (BF3) is a compressed, non-flammable gas.

The global market for boron trifluoride & complexes is likely to register impressive growth in the next few years due to its immense application in various end-use industries. The chemicals and petrochemical industries are projected to continue as one of the primary growth drivers of the target market.

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The chemical and pharmaceutical industries are the two other sectors that are massive contributors to the growth of the boron trifluoride and complexes market. In the chemical industry, the vast application of boron trifluoride as a catalyst is likely to boost the overall demand for the product.

In the pharmaceutical industry, BF3 is used in the production of various medicines. Thus, the boron trifluoride and complexes play a vital role in the chemicals and pharmaceutical industry, and with the expansion of these two industries, the target market is expected to continue to grow over the forecast period.

“Rising application in the pharmaceutical and transportation industry will likely drive the global sales of the boron trifluoride and complexes market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Expanding paints & coatings and the construction sector will strengthen future opportunities.
• The boron trifluoride & complexes market in the U.S. will hold about 66% of the market share in North America.
• South Korea accounts for about 18.4% of the global boron trifluoride market.
• Japan will offer several lucrative opportunities to the target market over the assessment period.
• China’s boron trifluoride market will reach an estimated US$ 810.1 Million in 2029.
• The technical grade segment will generate a growth opportunity of US$ 85.3 Million from 2022 to 2029.
• By application, the catalyst segment will reach US$ 279.8 Million by the end of 2029.

Competitive Landscape 

BASF SE, Voltaix LLC ( acquired by Air Liquide), NAVIN FLUORINE INTERNATIONAL LIMITED, Praxair Technology, Inc., Honeywell International Inc., Stella Chemifa Corporation, Matheson Tri-Gas Inc., Arkema, Gulbrandsen, Entegris, Inc., Tanfac Industries Ltd., Qingzhou Chenkai Chemical Co., Ltd., The Linde Group, Hunan Heaven Materials Development Co., Zibo Shuanglian Petroleum & Chemical Co., Ltd., and Wujiang City Fuhua Chemical Co., Ltd., among others, are some of the major players in the boron trifluoride and complexes market profiled in the full version of the report.

Key market players are concentrating on entering markets in emerging economies to cater to the growing demand for Boron Trifluoride & Complexes. These businesses are keen on improving their R&D activities, increasing their production capabilities, releasing more products, and adopting mergers and acquisition strategies to gain a competitive advantage.

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Boron Trifluoride & Complexes Market by Category

By Type:

• BF3 (Gas)
• BF3 Tetrahydrofuran Complex
• BF3 Methanol Complex
• BF3 Diethyl Etherate Complex
• BF3 acetonitrile Complex
• Others

By Application:

• Catalyst
• Chemical Intermediate
• Others

By End Use:

• Polymer and Petrochemicals
• Pharmaceuticals
• Electronics
• Agrochemicals
• Others

By Region:

• North America
• Latin America and Middle East and Africa (LAMEA)
• Eastern Europe
• Western Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan

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More Insights into Boron Trifluoride & Complexes Market Report

In its latest report, FMI offers an unbiased analysis of the global boron trifluoride and complexes market, providing historical data from 2014 to 2021 and forecast statistics for 2022 to 2029. To understand the global market potential, growth, and scope, the market is segmented based on type, application, end-user, and region.

According to the latest FMI reports, based on segmentation, the BF3 gas segment is predicted to perform well during the observation period. The segment will reach an estimated US$ 150.6 Million in the Asia Pacific (excluding Japan) by the end of 2029. While the technical grade segment will grow at a 5.5% CAGR, the catalyst application segment will reach US$ 279.8 Million by the end of 2029.

Based on region, North America’s boron trifluoride and complexes market is primarily driven by the growth of the same in the U.S. market. Boron trifluoride and complexes market in the U.S. accounts for 66% share of the market in North America.

Extensive utilization of the product in petroleum and petrochemical industries along with increasing shale gas drilling will fuel the market growth of the boron trifluoride and complexes market in this region. Other countries like China, South Korea, and Japan will also present notable growth in the boron trifluoride and complexes market during the forecast period.

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Pyrolytic Boron Nitride Market:  Sales prospects of Pyrolytic Boron Nitride are expected to witness a steady growth rate of 5.2% and are expected to top a valuation of US$ 333.9 Million by 2032.

Corrosion Protective Coatings and Acid Proof Lining Market: Corrosion protective coatings are used by industries worldwide to protect their products from degradation, most commonly caused by moisture, salt spray, oxidation, and some chemical-based occurrences that can prove harmful to metals and alloys.

About Future Market Insights, Inc.

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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The global styrene butadiene rubber market is anticipated to create an absolute dollar opportunity by exhibiting a healthy CAGR of 5.5% between 2022 and 2032. The market is expected to reach US$ 10,584.3 Million in 2022 and is anticipated to surpass US$ 18,079.6 Million by 2032.

As per the historic analysis of FMI, styrene-butadiene rubber sales grew at a CAGR of 5.2% between 2016 and 2021, owing to the use of rising applications including tires, footwear, and polyurethane adhesives among others. The rising demand for synthetic and processed rubber is predicted to improve the sales of styrene-butadiene.

End-use industries are rapidly inclining towards synthetic rubber over natural rubber in the automotive tire industry which is expected to bolster growth in the styrene butadiene rubber market. Over recent years, the use of synthetic rubbers such as styrene-butadiene has witnessed impressive growth due to technological advancements coupled with rising applications in the industrial and automotive sectors. Backed by these factors, Future Market Insights (FMI) expects styrene butadiene rubber sales to reach US$ 18,079.6 Mn in 2032.

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Key Factors

The styrene-butadiene rubber is becoming the consumer’s preferable choice because of its impeccable properties such as excellent heat resistance, low rolling resistance, wear resistance, and abrasion resistance. Therefore, end-users are inclined toward styrene butadiene rubber in the automotive industry. These above factors are expected to fuel the expansion of the global styrene butadiene rubber market in the coming years.

Due to the rise in sales of automobiles all over the world, the demand for styrene butadiene rubber is predicted to surge over the forecast period (2022-2032). As per the segmentations, the solution SBR segment is likely to witness the fastest growth during the forecast period.

Demand for solution SBR is predicted to increase in the footwear application, fueling the sales in the market. As per the studies, styrene-butadiene rubber is considered to be the most processed and synthetically manufactured rubber.

The production of products and parts of products including car tires, mechanical rubber equipment or machine parts, and shoe soles, among others, are all made of this product. One of the major key factors expected to drive its growth in the styrene butadiene rubber (SBR) market is rising demand from the tire manufacturing industry.

In addition to that, surging demand for new automobiles and replacement tires along with the rising interest for synthetic rubber over industrial rubber is expected to fuel market growth. Styrene butadiene rubber has inherent advantages in terms of stability and physical properties, driving growth in the market.

Key Companies Profiled

• Asahi Kasei
• LANXESS
• MICHELIN
• China Petroleum & Chemical
• ARLANXEO
• Zeon Corporation
• LG Chem
• Trinseo
• KUMHO PETROCHEMICAL
• Goodyear Rubber Company
• Versalis S.p.A.
• Chemtura
• JSR
• Bridgestone
• Polimeri Europa
• Lion Elastomers

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Competitive Landscape

Leading manufacturers of styrene butadiene rubber primarily focus on developing sustainable butadiene to avoid being impeded by stringent government rules that restrict the use of chemically manufactured butadiene in various regions. To efficiently fit into the increasingly popular circular economy trends, SBR manufacturers are focusing on achieving sustainability in their business models.

Styrene Butadiene Rubber Market by Category

By Type:

• Emulsion SBR (E-SBR)
• Solution SBR (S-SBR)

By Application:

• Tires
• Footwear
• Gaskets & Hoses
• Adhesives & Sealants
• Conveyor Belts
• Electric

By Region:

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

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More Insights into the Styrene Butadiene Rubber Market

The U.S. is considered to dominate the global styrene butadiene rubber market in the North American region. Due to the rising popularity of electric vehicles, the overall sales of automobiles in the U.S. are expected to spur over the estimation period. This will also surge the demand for tires, which will in return boost sales of styrene butadiene rubber and styrene butadiene rubber latex.

Styrene butadiene rubber suppliers in the U.S. will also be benefitted from lucrative business opportunities brought on by the presence of leading industry players in the country. These aforementioned factors are anticipated to boost the growth in the U.S. styrene butadiene rubber market during the forecast period.

Attributed to the strict government initiatives and thriving automotive industry has encouraged the growth of the manufacturing sector, opportunities for suppliers of styrene butadiene rubber are expected to boost the market. Styrene butadiene rubber (SBR) demand witnessed a noticeable increase in China registering a growth of 6.3% throughout the forecast period.

About Future Market Insights, Inc.

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
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The molybdenum market size is projected to be valued at US$ 316.0 billion in 2023 and is expected to rise to US$ 500 billion by 2033. The sales of molybdenum are expected to grow at a significant CAGR of 4.7% during the forecast period.

Given its high electrical conductivity, molybdenum is increasingly being used in electronics, electrical devices, and medical equipment, which is driving growth in the global molybdenum market. The rising adoption of molybdenum in thermal spray coatings and the aerospace and defense sector is expected to drive growth in the global molybdenum market from 2023 to 2033.

Molybdenum is also used in material processing equipment and high-temperature furnaces, which are expected to drive growth in the global molybdenum market. Molybdenum is not suitable for continuous service at temperatures above 500°C in an oxidizing atmosphere unless protected by an adequate coating, which is another factor that is expected to impede growth in the global molybdenum market over the forecast period.

The rising demand for molybdenum and its alloys in consumer devices is expected to create numerous market opportunities.

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Key Takeaways from Market Study

• The robust spending on defense budgets and various advancements in aviation technologies in the United States is leading the market towards a revenue contribution of US$ 177.1 billion by 2033.
• Japan is one of the most lucrative regions of all, witnessing a growth rate of over 12.5% due to various infrastructural development programs. Furthermore, Japan also exports a heft amount (9.9%) of molybdenum to the global market.
• Good trade relations with molybdenum-producing countries have made the U.K. a significant consumer of molybdenum. It is expected to grow at a CAGR of 3.8% and register a revenue share of US$ 21.0 billion by 2033.
• Stainless steel is the front runner in the application segment growing at a significant rate of 4.2% due to its various beneficial characteristics combined with surging high demand in various end-user industries.
• Molybdenum is widely used in the chemical and petrochemical industries as a catalyst. Molybdenum catalysts are most commonly used in the hydrodesulfurization (HDS) of petroleum, petrochemicals, and coal-derived liquids, leading the market to a growth trajectory of 4.0%.

Manufacturers are focusing on market expansion strategy

Manufacturers are concentrating on the production and supply of molybdenum for the consumer base to maintain market share. Key players are increasing their market penetration by expanding their global presence. To penetrate and sustain in a price-sensitive market, new entrants must thoroughly research the molybdenum market.

Many industries, including oil and gas, infrastructure, energy production, and automotive, are focusing on Steel Moly alloy products for consumers, thereby sustaining market growth and creating new opportunities for new entrants.

Cadila Healthcare’s (Zydus Cadila’s) wholly-owned material subsidiary Zydus Animal Health and Investments (ZAHL) sold its molybdenum business for nearly INR 3,000 crore to a consortium led by Multiples Alternate Asset Management in May 2021.

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Some of the Key Players Operating in the market include:

• BHP Billiton Group
• Jinduicheng Molybdenum Co.
• American CuMo Mining
• Thompson Creek metals
• Moly Metal LLP
• ENF Ltd.
• Compania Minera Dona Ines De Collahuasi S.C.M.
• Freeport McMoran

Molybdenum Market by Category

End-user Industry:

• Oil and Gas
• Chemicals and Petrochemicals
• Automotive
• Mechanical Engineering
• Building and Construction
• Power Generation
• Aerospace and Defence
• Electronics and Medical
• Process Industry
• Other Industries

Application:

• Full Alloy
• Stainless Steel
• HSLA
• Tools
• Carbon
• Cast Iron
• Catalysts
• MO Metal Alloy
• Super alloy
• Other Applications

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About Future Market Insights, Inc.

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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T: +1-845-579-5705
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The global precious metal plating chemicals market is currently witnessing steady growth and is expected to reflect a noteworthy valuation by the end of the assessment year in 2027.

Future Market Insights has covered a detailed analysis of the global precious metal plating chemicals market and presented the insights in a systematic and orderly fashion in its new research report titled “Precious Metal Plating Chemicals Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”.

This research includes insights into various market segments across key geographies. It also includes an in-depth analysis of various trends, drivers, restraints, and opportunities in the precious metal plating chemicals market that influence the growth of the global market.

The research study covers value and volume projections of the different market segments and presents future market projections based on historical data and the current market scenario. This analytical research report can assist upcoming businesses by showcasing key recommendations that can be used to gain stability given the changing market dynamics of the global precious metal plating chemicals market.

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Global Precious Metal Plating Chemicals Market: Segmental Highlights

The global precious metal plating chemicals market is segmented by chemical base metal, by end-use industry, by product form, and by region.

• By product form, the solution/concentrate segment is expected to be highly lucrative. This is the fastest growing segment in this category and is projected to register a CAGR of 4.0% during the period of forecast to reach a valuation of around US$ 1,950 Mn by 2027 end.
• By end-use industry, the electrical and electronics segment is the largest in terms of value and is expected to dominate the global market. By 2027 end, this segment is estimated to reach a value of more than US$ 900 Mn. The hardware and other industrial segment are projected to grow at a comparatively higher CAGR of 4.2% throughout the forecast period. However, the electrical and electronics segment reflects higher market attractiveness and high scope for growth in the coming years.
• By region, Asia Pacific excluding Japan (APEJ) is a high-growth regional market for precious metal plating chemicals during the forecast period. The precious metal plating chemicals market in this region is projected to grow at the highest pace compared to other regions and is expected to witness a market valuation of a bit under US$ 650 Mn by 2027 end.
• By chemical base metal, gold is the dominating segment and is expected to reflect a 1.5x increase in revenue during 2017-2027. This segment is projected to register a high CAGR of 4.3% during the forecast period.

Global Precious Metal Plating Chemicals Market: Forecast

The global precious metal plating chemicals market is expected to reach a valuation of more than US$ 2 Bn by the end of the assessment year from a value of below US$ 1,500 Mn in 2017. The global precious metal plating chemicals market is projected to grow at a CAGR of 3.9% throughout the assessment.

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Global Precious Metal Plating Chemicals Market: Company Profiles

The report includes key profiles of major companies dealing with precious metal plating chemicals. Company details such as company overview, key personnel, strategies, key financials, SWOT analysis, key developments, product portfolio analysis, and geographical spread are covered in the report.

Profiling of companies such as Heimerle + Meule GmbH, JAPAN PURE CHEMICAL CO. Ltd., American Elements, Shaanxi Kaida Chemical Engineering Co., Ltd., Metalor Technologies International SA, Heraeus Holding, MATSUDA SANGYO CO., LTD., Superchem Finishers, SAXONIA Edelmetalle GmbH, UMA CHEMICALS, LEGOR GROUP S.p.A., Johnson Matthey, Umicore, Robert Chemical Co., Inc., Technic Inc., Electrochemical Products, Grauer & Weil (India) Limited, Riko Chemicals Pvt. Ltd., Micron Platers, and Solar Applied Materials Technology Corporation has been done.

Market Segmentation

By Chemical Base Metal:

• Platinum
• Rhodium
• Gold
• Silver
• Palladium
• Others (Iridium, Etc.)

By End Use Industry:

• Aerospace
• Electrical and Electronics
• Medical Device
• Automotive
• Jewelry
• Hardware and Other Industrial

By Product Form:

• Solid/Powder
• Solution/Concentrate

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Global Precious Metal Plating Chemicals Market: Aspects Influencing Growth

Increasing demand for precious metal plating chemicals from the electrical and electronics sector, growing use of precious metal plating chemicals in the aerospace industry, and increasing government support in the electronics industry ultimately push the demand for precious metal plating chemicals.

The growing automotive industry aiding the demand for precious metal plating chemicals, expanding consumer electronics market supporting the growth of precious metal chemicals, and increasing demand from diverse end-use industries at a global level are pushing the growth of the global precious metal plating chemicals market.

Aspects restricting the growth of the market are challenges associated with raw material procurement and price fluctuations, strict regulations governing the manufacture and disposal of cyanide-based chemicals, and the use of alternatives such as the development of non-platinum group metal catalysts.

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The Algae Products Market size is projected to be worth US$ 5.41 Bn in 2023 and surpasses US$ 9.15 Bn by 2033. The sales of algae products are estimated to grow at a CAGR of 5.4% during the forecast period.

The rising adoption of algae in the pharmaceutical and nutraceutical industries has significantly influenced market growth. Furthermore, the increasing need for algae biomass for nutraceutical applications is expected to offer algae product manufacturers a lucrative source of revenue. The growing industrial application of algae is providing companies with opportunities, which has encouraged market expansion.

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Some businesses now provide algae-based CO2 collection and biofuel generation, giving them a new revenue stream. Wastewater remediation by algae products presents a substantial opportunity to lower wastewater treatment costs for organizations that manage home and industrial wastewater. Consumers’ shifting dietary tastes and a paradigm shift toward preventative health management strategies in response to rising healthcare expenses and the growing burden of lifestyle-related illnesses are predicted to boost the market for algal products.

Algae are a good source of protein as a result, they are likely to be used as both food and a feedstock. An increase in food industry investment is having an impact on the market for products manufactured from algae. Growing consumer health consciousness and their growing demand for healthy foods are having an influence on the overall market for algal products. The easy availability of low-cost alternatives, however, is a substantial barrier to the industry’s growth.

Key Takeaways from the Algae Products Market

• The United States dominates the market for algae products, with an expected value of US$ 2.64 billion over the projected period.
• China has the second highest market share, valued US$ 2.21 billion, and is expected to rise at a 7.9% CAGR during the projection period.
• Demand for algae products in Germany is expected to expand at a CAGR of 3.2% over the forecast period.
• The market for algae products is expected to profit considerably from an increase in protein supplement usage in Japan.
• Cosmetics applications are expected to generate more than US$ 165 million in revenue by 2032. Due to the growing number of personal care and cosmetics algae, the use of algae products in personal care goods is projected to expand.
• Through 2033, the green algae segment is expected to see the quickest CAGR of 5.5%.
• The brown algae category dominated the global market in 2033, accounting for 28% of the market, in terms of revenue share.

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What are the Players in the Algae Products Industry Doing?

The majority of manufacturers are focusing on boosting their current production capacity by increasing sales in a number of these locations because the market has not yet been consolidated by significant players. The companies are also focusing on developing novel techniques for manufacturing and storing nutritional supplements. In order to make the manufacturing of algae products profitable, a number of corporations and governmental bodies are working to cut both capital and operating expenses. Many stakeholders have selected algae production, which makes use of water and terrain unsuitable for other uses.

Major Players in the Algae Products Market

• Algatechnologies, Ltd.
• BASF SE
• ADM
• Cargill, Inc.
• Corbion NV
• Corteva Agriscience
• CP Kelco ApS
• Cyanotech Corporation
• I.D. Parry India Ltd.
• Fenchem Biotek Ltd.
• Ingredion, Inc.
• Kerry Group PLC
• Roquette
• Royal DSM NV

Recent Developments in the Algae Products Market

• The first seaweed powder product in the WavePure ADG family, WavePure ADG 8250, was available in February 2021. This “pleasant and adaptable” marine ingredient was developed to emphasize the silky and creamy dairy textures and to offer gelling and thickening properties from an organoleptic perspective.
• In October 2020, Cyanotech Corporation announced the launch of BioAstin Hawaiian Astaxanthin, a unique delivery form, water-dispersible powder, in both 1% and 2% concentrations.
• In April 2021, Yemoja released EPS-Revive, a topical external polysaccharide sulfate (EPS) beauty component derived from a red algae species, as a part of a new range of skincare products based on algae.

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Segmentation Analysis in the Algae Products Market

By Form:

• Solid
• Liquid

By Source:

• Brown Algae
• Blue-green Algae
• Red Algae
• Green Algae

By Application:

• Food & Beverage
• Nutraceuticals & Dietary Supplements
• Personal Care
• Pharmaceuticals
• Animal Feed
• Other Applications

By Region:

• North America
• Latin America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)

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

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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
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The global vegan desserts market is projected to grow from its 2023 estimate of US$ 3205.07 Mn to US$ 6698.4 Mn by 2033. Increases in veganism’s popularity, increased interest in vegan desserts, and continued market study all contribute to the growth of the vegan dessert industry. As a result, the forecast calls for an 8.5% CAGR in the vegan desserts market, with the United Kingdom, the United States, Germany, and Japan rising to prominence as producers.

Over the past few years, both veganism’s popularity and the availability of vegan-friendly items have skyrocketed. The market is flooded with plant-based sweet meals that are visually and flavorfully on par with their more conventional counterparts, thanks to the efforts of innovative chefs.

More and more, chefs from all over the world are venturing into the vegan desserts market and coming up with inventive new creations. For instance, Chef Fran Costigan offers not only vegan dessert recipes and publications, but also consultations, cooking schools, and classes, as she is widely regarded as a pioneer in the vegan desserts industry.

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The number of people using these services has increased, which has been good for business. Restaurants and cafés are adding vegan desserts to their menus to accommodate the growing number of customers who have food allergies or intolerances, such as egg, dairy, or cholesterol. And the widespread accessibility of plant-based milks and fats has only served to increase the availability and sales of vegan desserts.

In addition, businesses have been prompted to include healthier components in their products due to a growing concern for customer health. Examples include the widespread avoidance of items containing white sugar as people become more informed about the health risks associated with this refined sweetener. As a result, manufacturers have begun to substitute sugar alternatives like sweet potato.

Innovative vegan food packaging is expected to see rising adoption, which is expected to boost the development of the industry.

Sustainable food packaging materials for meat-free items are in high demand because vegan dietary groups are generally concerned with environmental issues. More and more shoppers are placing a premium on accurate product labelling; as a result, vegan food producers like Oatly now include carbon labelling information on their tins and jars. As an added bonus, the American Firm No Evil Foods Sacred Serve is spending money to create cutting-edge sustainable packaging for its goods.

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Key Takeaways

• Given the robust increase in demand for bakery items and the expanding vegan trend, it’s likely that European customers are likely to make up the greatest share of the target audience for vegan desserts. Due to the high volume of tourists passing through Germany, Italy, and France, there is a growing vegan desserts market.
• Due to rising demand from customers with dietary restrictions (such as egg allergies, lactose intolerance, or excessive cholesterol), vegan desserts are increasingly appearing on the menus of restaurants and cafes.
• Companies like Nestle are responding to the rising demand for vegan products by introducing non-dairy lines, such as Haggen-Dazs ice cream, to markets like the United States.
• Increased demand from consumers has led to healthy expansion for vegan milk.

Massive production and the introduction of vegan bakery chains have coincided with a rise in demand.

Because of the dramatic development in veganism’s adherent base and the increasing demand for vegan bakery goods, manufacturers have begun producing vegan baked goods on a massive scale.

Greggs, a major British bakery brand, recently reported a shortage of its new vegan sausage roll offering, indicating a rise in demand for such goods.

Vegan baked goods have seen a dramatic surge in popularity, leading to the opening of vegan bakeries all over the world. When online retailers saw the huge demand for vegan baking supplies during Great British Bake-Off Week, they revealed plans to open a dedicated vegan online baking store in 2018.

New vegan product lines are being introduced by many existing bakeries in response to the rising demand for vegan desserts. Large-scale investments in vegan baking establishments are predicted to increase demand for vegan desserts.

Businesses have been diversifying their offerings to attract a wider range of customers. So, Unilever introduced its Magnum brand of plant-based ice cream to the Swedish and Finnish markets in August of 2018. Currently, the brand is known as Magnum Dairy Free. Another Unilever-owned brand, Cornetto, also offers a dairy-free ice cream option.

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Some of the most well-known names in the vegan desserts market are:

• Unilever
• Danone, S.A.
• Cado
• Ben & Jerry’s Homemade, Inc.
• BOSH!
• Grupo Bimbo
• OGGS
• Daiya Foods Inc.
• Alternative Foods

Key Segments

By Product:

• Biscuits/Cookies
• Cakes & Pastries
• Custard & Puddings
• Frozen Desserts (Ice-creams, Yogurts, etc.)
• Others

By Flavor:

• Unflavored
• Vanilla
• Chocolate
• Others (banana, strawberry, etc.)

By Form:

• Liquid
• Solid

By Distribution Channel:

• E-commerce
• Offline
  • Vitamins & Supplements Stores
  • Retail and Departmental Stores
  • Supermarkets
  • Vegan Fairs
  • Others

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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

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
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According to Future Market Insights, the global sales of natural rosemarine extract are estimated to grow at 8.1% CAGR between 2022 and 2032, reaching a valuation of US$ 341.4 Mn by 2032. Currently, the worldwide natural rosemary extract market is valued at US$ 156.0 Mn.

The natural rosemary extract market has experienced a dramatic surge in recent years, with increasing demand from industries like food & beverage, pharmaceutical, cosmetic, and animal feed across the globe. This is due to a variety of factors, including growing consumer demand for natural and organic products and the rising popularity of this ingredient among health-conscious consumers.

Additionally, the increasing number of companies offering high-quality natural rosemarine extract is emerging as a crucial factor driving the market expansion. Natural rosemarine extract is derived from the flowers and leaves of the rosemary plant, which has been used in medicinal treatments for centuries. It is being utilized for making a wide range of products worldwide.

Recent trends in the natural rosemarine extract market have had a significant impact on product development, pricing, and sales. Consumers are increasingly looking for natural alternatives to traditional ingredients which have seen a huge shift in the way products are developed. Natural rosemarine extract is being used as an alternative to synthetic ingredients and preservatives, providing further evidence of its increasing popularity.

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Key Takeaways from Market Study

• By form, the powder segment is likely to continue to dominate the global natural rosemarine extract market during the forecast period.
• Based on application, the food & beverage segment holds a substantial share of the global market, and the trend is expected to continue during the forecast period.
• The U.S. holds approximately 89.7% share of North America natural rosemarine extract market.
• Europe is expected to account for 29.3% share of the worldwide natural rosemarine extract market during the forecast period.
• Germany holds around 21.5% share of the Europe natural rosemarine extract market.
• South Asia is expected to hold over 12.0% share of the global natural rosemarine extract market.

“The market for natural rosemarine extract has been steadily increasing in recent years due to widening application of this natural ingredient in health and beauty products to help promote healthy skin, hair, nails, and more”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Some of the leading companies offering Natural Rosemarine Extract include Monteloeder, Kemin Industries, Frutarom Industries Ltd., Geneham Pharmaceutical Co., Ltd., Foodchem International Corporation, KINGHERBS, and Flavex Naturextrakte GmbH.

These players are using a wide array of strategies such as new product launches, investments in research and development, partnerships, acquisitions, mergers, and collaborations to gain a competitive edge in the market.

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Get More Valuable Insights

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

The study offers compelling insights on the natural rosemarine extract market based on form (powder, and liquid), and application (food & beverage, pharmaceuticals, nutraceuticals, cosmetics & personal care, pet food, and animal food), across several regions.

About the Food & Beverage Division at Future Market Insights

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

Natural Rosemarine Extract Industry by Category

By Form:

• Powder
• Liquid

By Application:

• Food & Beverage
• Pharmaceuticals
• Nutraceuticals
• Cosmetics & Personal Care
• Pet Food
• Animal Food

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Frequently Asked Questions

• How big is the global market for natural rosemary extract?
• At what rate will natural rosemary extract demand grow between 2022 and 2032?
• What is the projected valuation for the natural rosemary extract industry by 2032?
• What is the demand outlook for North American market?
• At what rate is the demand for natural rosemary extract expected to grow in Europe?
• What are the key trends shaping the natural rosemary extract industry?
• What is the sales forecast for the China 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 10 years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Other Reports: https://www.futuremarketinsights.com/reports
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