Painting Robots Market is Projected to Surpass US$ 7.65 Billion by 2031: Analysis of Growth Drivers and Opportunities

The global painting robots market is expected to grow 8.3% year on year (YoY) to US$ 2.9 billion in 2021. According to the study, demand for robotic arms will rise at an 8.8% CAGR between 2021 and 2031, boosting the growth of the painting robots market.

Between 2021 and 2031, overall sales of painting robots will increase at a CAGR of 10.1%. Through 2031, East Asia and Europe are expected to account for more than half of global demand for painting robots.

The painting robots market is expected to account for nearly 7% of the global industrial robots industry in 2021, owing to high demand in the United States, Germany, and Japan.

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Painting Robots Market – Sales in 2016 to 2020 Vs Projections for 2021 to 2031

Between 2016 and 2020, the global painting robots market size expanded at a CAGR of over 2.4%. The robots market is complicated, with a wide range of possibilities. Organizations are providing value to the market by focusing on certain end applications, supplying various types of robots, modules, subsystems, tools, or providing services.

Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. An important step in analysing the potential for robotics and painting robot technology is to provide a consistent categorisation of the potential in each type of market.

In the coming years painting robots market will continue gaining from application across diverse industries, from transportation to construction. Steered by this, the market will register growth at 10.1% CAGR in 2021 to 2031.

Painting Robots Market – Competitive Landscape

Painting robots market is highly consolidated with the top players holding nearly 75-80% of the global market share. The market participants are vying to expand their geographical footprints and working closely with automotive OEMs.

  • In Aug 2021, Mexico, Dürr AG developed a high-tech paint facility for Ford Motor Company in order to handle a new car that Ford will be constructing. Dürr built the full paint shop, including low and high viscosity material supply systems, robotic paint and sealer application equipment, and other process automation technology.
  • In April 2021, Kuka AG signed a 100 year partnership with Daimler automotive group. The collaboration will enable the automotive company to use all of Kuka’s products and solutions at various locations.

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Key Market Segments Covered

By Type:

  • Pedestal Robots,
  • Robotic Arms,

By Payload:

  • Upto 5 Kg,
  • Upto 15 Kg,
  • Upto 45 Kg,

By Function:

  • Painting
    • Waterborne,
    • Solventborne,
    • UV Cured,
  • Painting, Spraying & Coating

By Reach:

  • Upto 1,000 mm
  • Upto 1,500 mm
  • Upto 2,000 mm
  • Upto 2,500 mm
  • Upto 3,000 mm

By Configuration:

  • 6 Axis
  • 7 Axis

By Application:

  • Atomizer
  • Air Gun

By End Use Sector:

  • Transportation
    • Automotive
    • Railways
    • 2 & 3 Wheelers
    • Aerospace
  • Consumer Appliances
  • Foundry & casting
  • Furniture
  • Textiles
  • Construction
  • Heavy Engineering Equipment
  • HVAC & Refrigeration
  • Sanitary ware
  • Others

By Region:

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

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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 favour 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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CDN Security Market is Anticipated to Grow at a CAGR of 19.7% from 2022 to 2032 | Future Market Insights, Inc.

The global CDN security market is anticipated to be worth US$ 42,887 million by 2032, up from US$ 7,110 million in 2022. The market is estimated to increase at a CAGR of 19.7% during the forecast period, owing to:

  • Due to the enormous increase in the volume of data created by media and entertainment enterprises, dependable CDN security solutions are necessary.
  • eCommerce websites and government institutions, among others, have a high demand for DNS protection to protect against emerging security dangers.
  • Early adoption of cutting-edge technology, as well as the growing dominance of popular social media and OTT platforms, have all contributed to a significant growth in demand for CDN security over the projection period.

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This growth is being driven by the increasing prevalence of connected devices and corporate mobility trends, as well as the need for enterprises to mitigate increased cyber-attacks such as DDoS. Another factor boosting the growth of the content delivery network (CDN) security market over the forecast period is the rise of mobile apps.

News, music, entertainment, and sports applications are used by two-thirds of the global smartphone audience. A CDN handles data delivery for various mobile applications. Customers are targeted by vendors based on the mobile applications they download. Because of the proliferation of mobile applications, OTT providers are looking for CDN security solutions.

The Asia Pacific CDN Security Market Will Exhibit Rapid Growth

Asia Pacific is expected to account for 39% of the CDN security market. In the APAC content delivery network (CDN) security business, China, Japan, and India hold the lion’s share of the market. The market in this region is expected to grow substantially.

China and India have among of the world’s fastest-growing economies in Asia Pacific. The key engine of this increase is the digitization of businesses such as healthcare, retail, and the BFSI industry. As a result of digitalization, SMEs in the region are the primary drivers of economic growth. In India, the SME sector has helped to build manufacturing capabilities, reduce regional imbalances, ensure income distribution, and generate 69% of the country’s jobs.

Although healthcare organisations operate in a variety of ways, all focus maximising patient care. Digital healthcare companies are increasingly hosting health records online. Clinicians collect information that necessitates the use of secure content delivery systems to ensure smooth operations, particularly during life-threatening emergencies.

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Market Vendor Digest and Competition Insights for CDN Security

With the rise of mobile engagement and the demand for better digital experience delivery, CDN providers are being forced to broaden their performance-enhancing techniques in order to address the challenges of dynamic content, mobile, and video, as well as serve as the first line of defence against security threats. Companies are investing heavily in establishing CDN security solutions in response to increased demand for cloud services, which is predicted to rise in the forecast year 2022-2032.

Because of the increased market rivalry, providers are using various growth strategies such as promotional activities and advertising spending to raise the exposure of their services. Certain suppliers are adopting inorganic expansion strategies such as mergers and acquisitions to remain competitive in the business.

CDN security industry actors make extensive use of technology launches, acquisitions, collaborations, and R&D initiatives. The CDN Security industry projection market in 2021 has been split by several companies. Among the top ten CDN security companies are Amazon Web Services, Arbor Networks, Cache Networks, CD Networks, Chinacache, Cloudflare, Distil Networks, Fastly, and Imperva Incapsula.

What Impact Will New Technologies Have On The CDN Security Market?

New technologies such as 4K and Ultra HD have been released, which has increased the popularity of online gaming but does not help with the pre-gaming experience because it slows down game downloads. As a result, the use of CDN security is expected to reduce negative feedback from gamers, as it addresses such issues by leveraging a global network of servers and content caching.

A gamer may continue to play a game even if the download size increases owing to high-quality graphics and other factors. Scalability is provided by CDN security to enable this capability. Furthermore, it is more likely to see an increase in demand due to the growing number of internet customers using smart devices as a result of the global digitization movement.

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Key Segments Profiled In The CDN Securitymarket Survey

By Application:

  • Web Application Firewall
  • Authentication Management
  • DNS
  • DDoS Protection
  • Bot Mitigation

By End User:

  • Large Enterprise
  • Medium Enterprise
  • Small Enterprise

By Industries:

  • BFSI
  • Healthcare
  • IT & Telecom
  • Retail
  • Media & Entertainment
  • Manufacturing

By Region:

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

About Us

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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Global Jobsite Management Software Market to be Worth US$ 13.1 Billion by 2032 | Future Market Insights, Inc.

The global jobsite management software market is estimated at US$ 13.1 Billion while exhibiting a CAGR of 8.6% during the forecast period from 2022 to 2032, reports a recently published Future Market Insights study. Expansion of the market can be attributed to the growing requirement for large-scale project management.

Rapid urbanization is estimated to be one of the key factors driving the market during the assessment period. As people migrate to cities, the construction market is likely to witness notable expansion in the forecast period. Also, smart cities and new housing trends supported by digital technologies is anticipated to augment the market size in the forthcoming period.

For instance, Building Information Modelling (BIM) software like AutoCAD and Revit enable the user to test the construction digitally. Such innovations are expected to provide a significant boost to the industry in the assessment period.

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Asia Pacific is anticipated to witness the fastest growth during the forecast period, attributed to the increasing focus on smart manufacturing. The region has been acknowledged as one of the most notable markets for construction and design software owing to the presence of evolving economies such as China, Japan and India.

As per Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, US$ 5 Billion of revenue was generated in 2020 in the construction equipment sector.

Key points from the Market Study

  • By end-user, the general contractors segment is anticipated to dominate the market while exhibiting a CAGR of 8.5% during the forecast period
  • By product type, the cloud-based segment is projected to record a CAGR of 8.6% from 2022-2032
  • Market in the U.K to garner a market value worth US$ 536.4 Million by 2032
  • Industry in China to record a CAGR of 7.9% during the forecast period
  • Market in South Korea is expected to hold a value of US$ 470.8 Million during the assessment period.

Competition Analysis 

Key players in the market include Heavy Construction Systems Specialists, Inc., Fieldwire, CoConstruct, esub construction software, and DataForma. Notable Developments in the Market are:

  • In February 2022, Trimble Inc., a California-based building & construction player, introduced the Trimble Roadworks Paving Control Platform for asphalt , to allow operators to monitor the compaction process appropriately.
  • In March 2021, Trimble Inc., launched the latest version of Tekla Structures 2021, a structural BIM software solution for structural engineering, steel fabrication management, and constructible BIM. The software offers updated features and offers better usability with in-product guidance.
  • In April 20compactors22, eSUB Construction Software, a cloud-based management solution, founded in San Diego, CA, announced the latest iteration of its unique construction software. eSUB Cloud 2.0 aims to increase profitability and productivity by strengthening communication between the office and field and offering an advanced user experience.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global job site management software market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled In The Jobsite Management Software Market

Jobsite Management Software Market by Product Type:

  • Installed PC Jobsite Management Software
  • Installed Mobile Jobsite Management Software
  • Cloud-based Jobsite Management Software

Jobsite Management Software Market by End-User:

  • Jobsite Management Software by General Contractors
  • Jobsite Management Software by Building Owners
  • Jobsite Management Software by Independent Construction Managers
  • Jobsite Management Software by Sub-Contractors
  • Jobsite Management Software by Others

Jobsite Management Software Market by Region:

  • Jobsite Management Software in North America
  • Jobsite Management Software in Europe
  • Jobsite Management Software in APAC
  • Jobsite Management Software in MEA
  • Jobsite Management Software in Latin America

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About Us

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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Chondroitin Market Outlook, Business Prospects & Key Insights with Absolute Opportunity Overview by 2032

Chondroitin is a component of the human body in the bones and cartilages. It is also popularly called as chondroitin sulfate. The use of chondroitin is mainly in the dietary supplements used for osteoarthritis. Chondroitin sold on a commercial basis is obtained from the cartilages of various sources such as marine, bovine, avian, chicken and cow. The shark cartilage is known to be the best chondroitin source and is also very expensive.

The use of chondroitin in households is mostly in the form of capsules. The powder form of the chondroitin is used in the pharmaceuticals and the industries that use chondroitin as an ingredient as a whole or in combination with other chemicals or drugs.

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Various Health Benefits of Chondroitin is Increasing its Demand in the Global Market

Chondroitin along with other ingredients such as glucosamine is being used in dietary supplements due to its various health benefits. The use of chondroitin in the treatment of osteoarthritis has been very popular but it is being used for the treatment of various other problems too.

Chondroitin is being used in the drugs for heart problems, breast cancer, interstitial cystitis, psoriasis, and many other diseases. It is also being used to treat anemia in complex with iron. These benefits have led to the increased use of chondroitin in dietary supplements. The use of chondroitin is not only limited to nutraceuticals but is also being used as a pharmaceutical drug along with others. It is being used as an eye drop and has been approved by the FDA for the same purpose. The use of chondroitin in the cosmetics industry is very less but it is expected to grow in the upcoming years.

Chondroitin Market: Key Developments

Many manufacturers sell the dietary supplements and their label indicates the presence of chondroitin in them. But the quantity of chondroitin is as little as 10% which results in low-quality products. But many manufacturers are trying to clean up the supply chain of chondroitin. Synutra Ingredients is using gel electrophoresis to stop adulteration of chondroitin and is one of the leading manufacturers of chondroitin in the United States.

Chondroitin Market: Regional Analysis

The production is mainly carried out in the Asia Pacific especially in China. The consumption of chondroitin is more in the U.S. and all the chondroitin that is consumed in the U.S. is imported from overseas. Chondroitin-containing supplements are one of the top five best-selling dietary supplements globally.

The use of chondroitin as a dietary supplement is expected to increase in South and East Asia in the upcoming years. It is being widely used in Europe and MEA in cosmetics and personal care products. The chondroitin is being sold by various different names one of them being chondroitin sulfate which is very popular.

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Chondroitin Market: Key Participants

The key participants in the chondroitin market are:

  • TSI Group Ltd.
  • Synutra Pure, Ltd.
  • Bioiberica S.A.U.
  • Kala Health Inc.
  • Shanghai Jbichem International Trading Co. Ltd.
  • Summit Nutritionals International, Inc.
  • Pacific Rainbow International, Inc.
  • Qingdao Kangyuan Pharmaceutical
  • Beloorbayir Biotech Ltd.
  • AdvaCare Pharma
  • Sichuan Biosyn Pharmaceutical Co., Ltd.
  • Inter Farma
  • Jiaxing Hengjie Bio-pharmaceutical LLC
  • Seikagaku Corporation

The research report presents a comprehensive assessment of the chondroitin market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

Regional analysis includes:

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

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Chondroitin Market: Segmentation

The chondroitin market is segmented on the basis of source, form, grade, application and distribution channel.

On the basis of source, the chondroitin market can be segmented as:

  • Marine
  • Bovine
  • Avian
  • Others (Chicken, Cow, etc.)

On the basis of form, the chondroitin market can be segmented as:

  • Powder
  • Capsules

On the basis of grade, the chondroitin market can be segmented as:

  • Pharmaceutical Grade
  • Industrial Grade

On the basis of application, the chondroitin market can be segmented as:

  • Sports Nutrition
  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics and Personal Care

On the basis of distribution channel, the chondroitin market can be segmented as:

  • Direct/B2B
  • Indirect/B2C
  • Drug Stores
  • Pharmacies
  • Online Retail

Report Highlights:

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

About FMI

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

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Fat Replacers Market Size Analysis, SWOT Analysis, Top Companies, Regional Outlook by 2032

The fat replacers market is expected to witness growth at a CAGR of 6.4% over the forecast period, reaching a valuation of US$ 4.5 Billion by 2032.

Though consumers are well versed with risks of consuming fats daily, people find it hard to cut down on their fat intake because fat makes meals flavourful and tempting. Under such circumstances, fat replacements are great options.

Fat substitutes are a safe and effective way to retain food palatability while improving overall calorie control. Fat replacers can be used to develop different food products rich in taste and low in fat content without adding on the pounds.

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Eating low-fat foods lessens overall calorie intake, resulting in weight loss. Fat substitutes can drastically improve the diet quality and aid in weight loss and maintenance. Salad dressings made with fat alternatives may encourage people to eat more vegetables and fruits which in turn will boost their immunity.

Obesity and its complications can be effectively tackled by combining a diet with fibre-based fat replacer and healthy lifestyle. Other benefits associated with consumption of fat replacer are enhanced glucose tolerance, higher HDL, lower lipid levels and systolic blood pressure, which would lower the risk of type 2 diabetes and cardiovascular disease

Surge in consumer spending capacity and easy availability of product variants across North America, Europe, and Asia has made it possible for customers to splurge on healthy and nutritious food products. On the back of the aforementioned factors, the fat replacers market is expected to expand at a considerable pace over the assessment period.

“Increasing adoption of fat replacers in the bakery and confectionery sector, along with rising demand for functional foods across the globe will augment the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

  • The fat replacers market is expected to increase at CAGRs of 6.3% and 6.5% in North America and the Europe, respectively, through 2032.
  • Market share of Latin America and Oceania is 4.9% and 4%, respectively, in 2022.
  • The European fat replacers market is expected to reach USD at 528 Mn
  • Growing customer preference for healthy and nourishing food and beverages to drive the sale of low-fat replacers across global markets.
  • By source, plant-based replacers the holds the highest market share and is expected to increase at a CAGR of 6.0%.

Competitive Landscape

Key manufacturers operating in the global fat replacers market are focusing on research & development to offer different varieties of low-fat content replacers. Leading players are also offering products that are organically sourced and non-GMO certified. For instance:

  • Global ingredient solutions company Ingredion has introduced NOVATION® Indulge 2920 starch a functional native starch to its range of clean and easy co-texturisers. The new offering is a corn-based starch that can help promote lower-fat and lower-calorie consumables as well as the production of healthy foods.

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

Reduced-Fat Replacers Market by Category

By Type:

  • Carbohydrate
  • Lipid
  • Protein
  • Others

By Source:

  • Plant
  • Animal

By Form:

  • Liquid
  • Powder

By Application:

  • Processed Meat
  • Bakery and Confectionery
  • Beverage
  • Convenience Food

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions

  • How much is the global fat replacers market currently worth?
  • What is the demand outlook for the fat replacers market?
  • At what rate did the demand for fat replacers grow between 2017 to 2021?
  • At what rate will sales of fat replacers grow in Europe?
  • At what rate will the fat replacer demand grow across North America?

About FMI

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

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Walnut Milk Market Research on Various Segments, Regional Analysis with Outlook– Global Forecast till 2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of walnut milk is estimated to reach a value of US$ 582.7 Million by 2032, surging at 8.9% CAGR through the decade.

According to the Future Market Insights walnut milk market study report, the market has risen substantially in recent years coupled with improving consumer demand for organic walnut milk and growing consumer attitude toward a healthier diet.

Walnuts are abundant in high – quality protein and essential fatty acids, which has led to an increase in sales of walnut milk as well as other walnut derivatives. Despite the fact that walnut milk is available in a range of flavours, people actually prefer the neutral flavour or unsweetened walnut milk the most.

Walnut milk protein is in high demand due to the fact that it is lactose-free and allergy-free. Secondly, a large walnut milk business potential has arisen as a result of the dynamic movement in consumption patterns toward pre-packaged foods and beverages.

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Almond and walnut milk protein is rich in Omega-3 fatty acids and has several qualities that help with weight loss, which has increased demand for walnut milk amongst health-conscious people. Besides, it aids in the reduction of stress, the prevention of cardiovascular diseases, and the reduction of obesity and type 2 diabetes, leading to rise of the walnut milk market share in a number of areas.

The COVID-19 crisis is caused a massive slowdown in the supply chain, drop-in business confidence, stock market uncertainty, and an increase in panic among customer segments negatively impacting the global walnut milk market. However with the rising consumer awareness and drop in walnut milk price is predicted to further strengthen the overall market in coming days.

Key Takeaways from Market Study

  • The net worth of the global walnut milk market size is estimated to be around US$ 247.7 Million in the current year 2022.
  • The walnut milk market share in China is expected to grow at a CAGR of 6.8% for the forecasted period 2022-2032.
  • The walnut milk market in the U.S is expected to grow at a CAGR of 6.5% during the forecasted period 2022-2032.
  • Walnut milk protein is in high demand because it is lactose-free and does not cause allergies. It is also popular due to the health benefits it provides.
  • The global walnut milk market is divided into flavours such as chocolate, vanilla, unsweetened, original, and other segments.

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“Changing lifestyles, rising consumption and production of walnut milk products, and rising disposable income are some of the factors expected to support global walnut milk market revenue growth,” says a lead analyst at Future Market Insights.

Who is winning?

Due to their vast diverse products and constant industry innovation, the top players dominate a significant piece of the global walnut milk market. As a business strategy, the walnut milk market key players have been seen focusing on product introduction, promotion, collaboration, integrations, and acquisitions to build their position in several marketplaces.

Some of the prominent walnut milk market players include Alpine Pacific Nut Co, Grower Direct Nut Co. Inc., Guerra Nut Shelling Co Inc., Poindexter Nut Company, Andersen Shelling Inc., Webster Limited, Mariani Nut Company Inc., Haleakala Walnut Shelling Inc., and Kashmir Walnut Group.

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Get More Valuable Insights

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

Walnut Milk Market by Category

By Flavor, Walnut Milk Market is Segmented as:

  • Original
  • Chocolate
  • Vanilla
  • Unsweetened
  • Others

By Distribution Channel, Walnut Milk Market is Segmented as:

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

By Region, Walnut Milk Market is Segmented as:

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

Key Questions Answered in the Report

  • At what rate will the Walnut Milk Market Grow?
  • What is the Expected Value of the Walnut Milk Market by 2032?
  • What is the Expected Value of the Walnut Milk Market by 2032?
  • What are the Key Factors Driving the Walnut Milk Market?
  • Which Region adds to the highest Walnut Milk Market Valuation?
  • What are the Key Strategies Adopted by the Walnut Milk Market Players?

About FMI

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

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DC Power Supply Module Market Set to Witness an US$ 700 Million by 2032 | Future Market Insights, Inc.

Global DC Power Supply Module demand is expected to be valued at US$ 457 million in 2022, rising at a CAGR of 4.35% to US$ 700 million between 2022 and 2032. The rising demand for renovation projects and development in residential and commercial construction is driving growth.

DC power supply modules are isolated, compact drop-in converters that generate a switch-mode constant voltage. DC power supply modules are typically stand-alone components that do not require any additional external circuitry. DC power supply modules feature plug-and-play capabilities that simplify and accelerate product development.

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DC Power Supply Module: Introduction

DC power supply modules are isolated, compact, drop-in converters that provide a switch-mode constant voltage generator. Usually, DC power supply modules act as standalone components and do not require extra external circuitry. DC power supply modules showcase plug-and-play features that simplify and speed up product development. DC power supply modules find applications in areas where compact and small form factor power supply components are required.

However, DC power supply modules are mainly incorporated for industrial control, in metering applications and in industrial appliances. Manufacturers offer DC power supply modules with a wide range of input voltage specifications.

Important changes in market dynamics

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

Market Competition

Some of the key participants present in the global demand of the DC Power Supply Module market include Franklin Electric Co., Asmo Co. Ltd., Ametek Inc., Sony Corporation, Bayer AG, Whirlpool Corporation, Toyota, Accurate Electric Motor & Pump Co., American Crane & Equipment Corp., Bruce Electric Equipment Corp, Tesla Motors, Hansen Motors, ATS Automation Tooling Systems, Inc. and other DC Power Supply Module manufacturers., among others

In January 2022, Franklin Electric Co., Inc. announced today that its wholly-owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut corporation, for $27.1 million in cash. Blake is a professional groundwater distributor operating in fourteen locations throughout the northeast United States. Blake has approximately $74 million of consolidated annual sales.

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Key Segments Profiled in the DC Power Supply Module Industry Survey

DC Power Supply Module Market by Application:

  • DC Power Supply Modules for HVAC Equipment
  • DC Power Supply Modules for Aerospace & Transportation
  • DC Power Supply Modules for Household Appliances
  • DC Power Supply Modules for Industrial Machinery
  • DC Power Supply Modules for Motor Vehicles
  • DC Power Supply Modules for Other Applications

DC Power Supply Module Market by Region:

  • North America DC Power Supply Module Market
  • Latin America DC Power Supply Module Market
  • Western Europe DC Power Supply Module Market
  • Eastern Europe DC Power Supply Module Market
  • SEA & Others of APAC DC Power Supply Module Market
  • China DC Power Supply Module Market
  • Japan DC Power Supply Module Market
  • Middle East and Africa DC Power Supply Module Market

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About Us

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
For Sales Enquiries: sales@futuremarketinsights.com
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Seitan Market Report on Predicted Valuation, Segments, Sales, Industry Size and Forecast to 2032

According to the recent seitan market analysis report by Future Market Insights, a market research and competitive intelligence provider, sales of Seitan is estimated to reach a value of nearly US$ 106.9 Million by 2032, by surging at 4.8% CAGR through the decade.

Seitan flour has a very neutral flavor, allowing it to absorb the essences of a variety of seasonings and integrate it seamlessly into any meal. Due to its high protein content and low carbohydrate content, demand for seitan has mostly been influenced by the growing consumer push toward vegetarian and vegan diets in recent years.

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Proliferation of e-commerce websites and the easy availability of seitan whole foods through an increasing number of online retail channels is anticipated to drive the globa seitan market. Other factors, such as extensive promotional events by athletes and celebrities to promote the consumption of vegetarian products in order to maintain a healthy lifestyle is expected to further fuel the seitan market opportunities in the coming days.

To compete in this business, seitan market key players are offering a variety of options based on service, pricing, goods, location, and quality. Sonic Drive-Throughout, Wendy’s, and Burger King, for example, have grown their vegan fast-food businesses in the Mexico, Thailand, China, South Korea, India, United States, Turkey, Brazil, and Australia.

Soy free seitan is also a popular vegan protein choice for those who are sensitive to or allergic to soy-based goods like tempeh and tofu. However, the global seitan market is predicted to grow in response to the growing demand for plant-based foods in various parts of the world.

Key Takeaways from Market Study

  • North America is expected to have 38% seitan market share.
  • Only US holds 65 % Seitan market share in North American Market.
  • Europe is expected to have 31 % Seitan market share.
  • Germany alone holds 22 % Seitan market share in European Market.
  • Asia is expected to have 20 % Seitan market share.
  • China leads with 32 % Seitan market share in Asian Market.
  • Seitan market manufacturers are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

The growing focus on the consumption of Seitans in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Seitan flour products have a strongly competitive global market. Industry giants such as Beyond Meat, Impossible Foods, and Oatly are supporting a spike in plant-based food alternatives as they partner with eateries and huge corporations.

Some of the leading seitan producing companies are LIMA, Upton’s Naturals, Vbites Foods Ltd., Snack Pellets Wheaty, Maya, Meatless B.V., The Nisshin MGP Ingredients, Inc., Sweet Earth Foods, Ollio Group Ltd., MGP Ingredients, Garden Protein International, Inc., Amy’s Kitchen, Inc., and Morningstar Farms, Inc. among others

About FMI

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

Contact Us:

Future Market Insights 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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Reduced Fat Butter Market Growth Study, Based on Applications, End User and Region by 2032

The global reduced fat butter market is expected to reach a market valuation of USD 1.3 Bn by the year 2022, accelerating with a CAGR of 6.2% by 2022-2032, to reach a value of 2.37 Bn by 2032.

Reduced fat butter is manufactured by lowering its fat content to 40% or lower. It has a similar texture and taste characteristics to regular butter. It is available in both spreadable and non-spreadable form. It is often modified with reduced sodium content and is more palatable for consumers with bone disorders.

The demand for reduced butter fat has grown due to the changing consumer lifestyles. Especially for the time-starved consumers, who find it hard maintaining an exercise regime, products like reduced fat butter are very useful. Many consumers are increasingly cutting down sodium and fats from their diets. The reduced fat butter market is also expected to grow over the forecast period due to the trend towards the consumption of modified butter blends.

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The ‘Burn Fats’ Trend amongst Consumers Fuels the Growth for Reduced Fat Butter Market

The consumption of reduced fat butter helps in regulating the bad cholesterol in the diet, which acts as a precursor of cardiovascular diseases. Due to the growing incidence of obesity and cardiac-arrests across the globe, reduced fat butter has become a very sought after product. Texture and flavour profiles of reduced fat butter play an important role because there is a certain class of health-conscious consumers which do not compromise on the taste and flavour of food.

Hence, reduced fat butter manufacturers have resorted to the product development of different forms in reduced fat butter such as the spreadable and non-spreadable formats, which can cater to the demands of a wider audience.

Many fast-food chains are also promoting and increasingly featuring reduced fat butter on their menus, which has heightened the awareness amongst the consumers, further propelling the growth of the reduced fat butter market. In recent times, scientific consensus behind the food product claims have gained importance for attracting consumers and hence, positive reviews from the medical community such as The Dietary Guidelines Committee is also enabling the growth of the reduced fat butter market.

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Reduced Fat Butter Market: Regional Analysis

The sales for reduced fat butter is growing at exorbitant rates in countries like U.K. Europe and North America and are expected to witness high growth over the forecast period. In fact, regular butter sales have slumped due to the outgrowth of the reduced fat butter market. In developing regions like Asia, the reduced fat butter market may face some barriers in market penetration due to high prices of reduced fat butter which only the high-end consumers can afford.

Availability of reduced fat butter in the sales channel is also low, which hinders the market growth in this region. But some Asian countries house a large consumer base which are traditional butter-eaters and these countries such as India, Vietnam, and Malaysia demonstrate the highest market potential in the reduced fat butter market.

Reduced Fat Butter Market: Key Participants

Some of the market participants in the reduced fat butter market are:

  • Palsgaard
  • Agral S.A.
  • Ornua Co-operative Limited
  • Upfield
  • Finlandia Cheese, Inc.
  • Saputo Dairy Australia Pty Ltd.

The report covers exhaustive analysis on:

  • Reduced Fat Butter Market Segments
  • Reduced Fat Butter Market Dynamics
  • Reduced Fat Butter Market Size
  • Reduced Fat Butter Supply and Demand
  • Current Trends/Issues/Challenges pertaining to reduced fat butter market
  • Competition Landscape and Emerging Market Participants in Reduced Fat Butter Market
  • Technology related to Production/Processing of Reduced Fat Butter
  • Value Chain Analysis of the Reduced Fat Butter Market

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Reduced Fat Butter Segmentation

The reduced fat butter market can be segmented on the basis of fat content, form, end use, packaging and sales channel.

On the basis of form, the reduced fat butter market is segmented into:

  • Spreadable
  • Non-spreadable

On the basis of fat content, the reduced fat butter market is segmented into:

  • 15-40% fat content
  • 41-60% fat content

On the basis of end use, the reduced fat butter market is segmented into:

  • Household
  • Foodservice
  • Food Industry

On the basis of packaging, the reduced fat butter market is segmented into:

  • Plastic Tubs
  • Carton Packs
  • Bulk

On the basis of sales channel, the reduced fat butter market is segmented into:

  • Direct Sales (B2B)
  • Indirect Sales (B2C)
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Discount Stores
  • Food & Drink Specialty Stores
  • Online Retail
  • Others

Report Highlights:

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

About FMI

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

Contact Us:

Future Market Insights 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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Mullein Leaf Market Opportunities, Challenges Forecast and Statistics Report with Production and Consumption Statistics by 2032

The global market demand for Mullein Leaf is estimated at US$3,285.5 million in 2022, which is forecast to grow at a CAGR of 3.5%, to reach US$4,781.6 million between 2022 and 2032 estimated. The growth is attributed to increased demand for herbal products, particularly in the pharmaceutical industry.

It is recorded that in ancient Roman times mullein leaf ash was used as a hair wash to darken the hairs. Currently, mullein leaf is consumed widely in the form of herbal tea or as an ointments and oils. Mullein is a biennial plant belonging to the Scrophulariaceae family producing hairy mullein leaf. There are over 200 varieties of mullein, native to northern Africa, central and western Asia, and Europe which have spread across the globe.

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Mullein leaf, a weed with plentiful benefits as an herb

Mullein leaf is available in loose as well as in powder format and further processed to produce leaf extract and also tincture. Mullein leaf works well in treating various problems like cough, earaches, cold, flu, fever, sore throat, allergies, asthma, diarrhea, migraines, and joint pain.

Mullein leaf tea is consumed to aid in sleep. Otherwise, mullein leaf can also be applied to the skin for burns, hemorrhoids, bruises, wounds, and skin infection. Mullein leaf is considered to be an effective demulcent, diuretic, antiviral, antifungal, antitumor, anti-inflammatory, anti-spasmodic, and antibacterial.

Mullein leaf has a bitter taste to it and has been used as a flavoring agent in alcoholic beverages. Other application of mullein leaf includes fertilizer industry due to a chemical called as rotenone it contains.

Common mullein, is proved to be invasive outside its native region and has found to be a noxious weed in Colorado and Hawaii. As the cattle and other animals avoid grazing on it can lead to widespread of the plant.

Global Mullein leaf market: Key players

Bio-Botanica Inc., Penn Herb Co. Ltd., Nature’s Answer, Starwest Botanicals Inc., Baar Products, Inc., Mountain Rose Herbs, Alvita, Solaray, Lucky Mojo Curio co., Payne Mountain Farms, Swanson Vitamins are some of the key players in the global Mullein leaf market.

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Global Mullein leaf market: Key developments

Aadvantics Pharmaceuticals Inc., a California-based company granted US patent in 2014 for the herbal product consisting of the combination of five different herbs that can be used to prevent or treat cough. The composition contains extracts of thyme leaf, mullein leaf, cocoa, wild cherry bark, and Boswellia Serrata.

Bio-Botanica Inc. introduced Mullein Leaf Zea Botanicals product line which is a liquid blend of mullein leaf extract and Zemea for the use as a personal care and cosmetic product. Zemea is a bio-based product by DuPont Tate & Lyle Bio Products.

Mullein leaf and leaf extract have GRAS status by the FDA as there are no serious side-effects recorded so far. However, many of the mullein leaf and leaf extract sold by the manufacturers under the category of herbal medicines lack FDA approval for the said treatment by the manufacturer.

Global Mullein leaf market: Opportunity

Mullein plant is considered as a noxious weed by some of the states of the US such as Colorado and Hawaii as these areas are not native region for the plant. This leads to stringent rules and regulation by the government on the cultivators and manufacturer of the mullein leaf.

This might affect the market of mullein leaf these regions. Since the plant is not noxious in Europe and Asia, the native region of the plant, there is opportunity for mullein leaf in these markets.

Key Data Points Covered in the Mullein leaf Report

  • An overview of the global Mullein leaf market, including background and advancement.
  • Macroeconomic factors affecting the Mullein leaf market and its potential.
  • Market dynamics, such as drivers, challenges, and trends.
  • Detailed value chain analysis of the Mullein leaf market.
  • The cost structure of and segments covered in the study.
  • In-depth pricing analysis, by crucial Mullein leaf segments, regions, and by major market participants.
  • Analysis of supply and demand the Mullein leaf, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
  • Analysis of the market structure, including a tier-wise categorization of key market participants of Mullein leaf market.
  • Competitive landscape of the market, including detailed profiles of the top players in the Mullein leaf market.

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Regional analysis of the Mullein leaf market includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
  • Eastern Europe (Poland, Russia, Ukraine, Rest of Eastern Europe)
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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

Mullein leaf market segmentation

Mullein leaf market segmentation on the basis of type:

  • Wild
  • Cultivated

Mullein leaf market segmentation on the basis of nature:

  • Organic
  • Conventional

Mullein leaf market segmentation on the basis of end use:

  • Beverages
  • Pharmaceutical
  • Herbal supplement
  • Dyeing
  • Cosmetics
  • Fertilizer

Mullein leaf market segmentation on the basis of packaging:

  • Bottle
  • Pouch

Mullein leaf starch market segmentation on the basis of distribution channel:

  • Wholesale
  • Online retailer
  • Supermarket
  • Specialty stores

About FMI

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

Contact Us:

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