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Global Converted Flexible Packaging Market on Trajectory for Impressive Growth, Fueled by Food & Beverage and Pharmaceutical Industries

According to research conducted by Future Market Insights, the global converted flexible packaging market is poised for significant expansion, with a projected valuation of US$ 302.5 billion in 2023. Furthermore, the market is expected to achieve a robust Compound Annual Growth Rate (CAGR) of 4.7%, reaching US$ 478.9 billion by the year 2033.

One of the key drivers behind the soaring demand for converted flexible packaging is the upward surge of the food & beverage and pharmaceutical industries. As the food & beverages market experiences remarkable growth, packaging industry leaders are compelled to innovate and develop distinctive packaging solutions tailored to meet the evolving demands of modern consumers.

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Recent consumer studies have highlighted a preference for easy-to-carry packaging options for food & beverage products, with consumers seeking packaging that offers convenience and enhances their overall product experience. Consequently, consumers are increasingly willing to invest in the latest packaging solutions that address the limitations of traditional rigid packaging options.

Business Trends:

Sustainability Drive: Consumers are increasingly demanding eco-friendly packaging solutions. Converted flexible packaging companies are adopting sustainable materials, recyclable packaging, and reducing their carbon footprint to align with market demands.
Advanced Technology Integration: Automation, robotics, and digital printing are revolutionizing the converted flexible packaging industry. Companies are investing in state-of-the-art technologies to enhance efficiency, reduce costs, and improve product quality.
Customization and Personalization: With the rise of e-commerce and direct-to-consumer brands, there’s a growing need for customized packaging solutions. Converted flexible packaging companies are offering personalized designs, sizes, and features to meet the unique requirements of various brands and products.
Health and Safety Standards: Stringent regulations regarding food safety and hygiene are driving innovation in converted flexible packaging. Companies are developing packaging solutions with enhanced barrier properties, antimicrobial coatings, and tamper-evident features to ensure product integrity and consumer safety.
Supply Chain Resilience: The COVID-19 pandemic highlighted the importance of supply chain resilience. Converted flexible packaging companies are diversifying their supplier base, implementing robust contingency plans, and adopting agile manufacturing practices to mitigate risks and ensure continuity of operations.

Future Growth Opportunities in Converted Flexible Packaging Industry:

Biodegradable Materials: There’s a growing demand for biodegradable and compostable packaging solutions. Companies investing in research and development of biodegradable materials like bio-based plastics or cellulose-based films can capitalize on this emerging trend.
Smart Packaging Solutions: Integration of smart technologies like RFID tags, QR codes, and sensors into flexible packaging enables functionalities such as product tracking, authentication, and temperature monitoring. Investing in smart packaging solutions offers opportunities for enhanced product differentiation and consumer engagement.
E-commerce Packaging Solutions: The rapid growth of e-commerce is driving demand for packaging solutions optimized for online retail. Companies focusing on developing packaging designs that minimize shipping costs, reduce packaging waste, and enhance product presentation stand to benefit from this trend.
Convenience Features: Consumers are increasingly seeking convenience in packaging, such as resealable closures, easy-open features, and portion control options. Developing packaging solutions that prioritize convenience while maintaining product freshness and shelf life presents a significant growth opportunity.
Functional Packaging: There’s a rising demand for packaging that serves additional functions beyond containment and protection, such as microwaveability, oven-safe properties, or extended shelf life features. Investing in innovative functional packaging solutions can cater to evolving consumer preferences and market needs.

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Market by Category:

By Material,

Plastic
- Synthetic Polymers
- Bio-based Polymers
Paper
Metal(Foil)

By Product Type,

Bags & Sacks
Pouches
Sachets & Stick Packs
Tapes
Labels
Tubes
Liners

By End Use,

Food & Beverage
Healthcare
Cosmetics & Personal Care
Electronical & Electronics
Agriculture
Building & Construction
Other Consumer Goods

By Region,

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

Author:

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

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

About Future Market Insights (FMI)

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

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Innovative Wristwatch Packaging Solutions Propel Market Growth, Predicts Study

The global wristwatch packaging market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 5.2% through 2032. According to recent research, the market is expected to soar to an estimated valuation of US$ 4025.72 million by 2032, a significant increase from its current value of US$ 2424.86 million in 2022.

The surge in demand for wristwatch packaging can be attributed to several factors, with a notable emphasis on catering to the preferences of the millennial generation. This demographic cohort, known for its affinity towards brands, luxury, and innovation, has spurred manufacturers to reimagine traditional packaging methods. As a result, wristwatch packaging solutions have evolved, with manufacturers investing in sophisticated designs and creative concepts to appeal to consumer tastes.

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Business Growth Opportunites and Trends:

Sustainable Packaging Solutions: As environmental concerns continue to rise, consumers are increasingly demanding eco-friendly packaging options. Wristwatch brands are likely to invest in sustainable materials such as recycled paper, cardboard, or biodegradable plastics for their packaging, presenting a significant growth opportunity in the market.
Personalized Packaging Experience: With the growing trend of personalization, wristwatch brands can offer customized packaging options to enhance customer experience. Tailoring packaging designs, colors, and materials to match individual preferences can create a unique and memorable unboxing experience, driving customer loyalty and brand differentiation.
Integration of Technology: Incorporating technology into wristwatch packaging, such as NFC tags or QR codes, can provide customers with additional information about the product, brand story, or exclusive digital content. This trend not only adds value to the packaging but also opens up avenues for interactive marketing strategies and data analytics.
Luxury Packaging Innovations: High-end wristwatch brands are constantly seeking innovative packaging designs to reflect the luxury and exclusivity of their products. Future growth opportunities lie in the development of premium packaging materials, intricate detailing, and craftsmanship that complement the sophistication of luxury timepieces, thereby enhancing brand prestige and perceived value.
E-commerce Packaging Solutions: With the surge in online shopping, there is a growing need for packaging solutions tailored to the requirements of e-commerce distribution channels. Wristwatch brands can capitalize on this trend by designing packaging that ensures product protection during shipping, minimizes waste, and provides a seamless unboxing experience for customers purchasing online, thus tapping into the expanding e-commerce market segment.

Wrist Watch Packaging Market Overview

Branding is one of the key influencing tools for wrist watch sales which has strengthen the revenue of wrist watch market. One of the factors which helps in an impulse purchase of watches is due to sophisticated and stylish packaging boxes and cases of wrist watches.

Traditionally wooden and metal material used for packaging wrist watches accounted for significant percentage of share in wrist watch packaging, but currently with plastic material sharing similar properties, the use of plastic boxes has increased.

Besides, product innovation and technological development in machine have increased the overall production output at minimal cost. All such factors have led manufacturers to tap the untapped regions of the Middle-East and Asia Pacific excluding Japan.

The shapes of wrist watch packaging boxes and cases have evolved from traditional round and square shape to triangle and diamond shaped boxes and cases which helps to differentiate the packaging for wrist watch packaging manufacturers.

All such factors have contributed to increase consumption in the region of Asia Pacific which accounts for prominent use of wrist watch packaging and are further projected to remain dominant in global wrist watch packaging market over the forecast period.

Market Dynamics

Manufacturers of wrist watch are focusing on product innovation and development as watch manufacturers highly demand elegant box design. Organized retail stores act as a key influencing platform to display watch boxes and cases so as to cater the demand of luxury watch segment consumers. Also, easy availability of raw material such as HDPE and PET plastic have increased the supply capacity of wrist watch packaging manufacturers.

Moreover, technological development in wrist watches has led to innovation of smart watches such as Google, Apple, Samsung, etc., which has accounted for over 5% of overall wrist watch sales which has helped to improve the volume of the wrist watch.

All such factors have surged the demand for wrist watch packaging in the regions of North America and Europe. Rising purchasing power of young and consumerist population of emerging region has increased the sales of wrist watches wherein young population accounting for a greater share of purchase.

Regional Outlook

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

In term of production the global wrist watch packaging market highly fragmented across regions of Asia pacific excluding japan, japan, North America and Europe. On the basis of consumption the market is highly concentrated with three countries that is Hong Kong, United States, China, France and Germany accounting for large market share. Market in the countries of Asia Pacific excluding Japan is expected to witness a robust CAGR over the forecast period.

Key Players

Some of the key players operating in the global wrist watch packaging market include Interpak, Linkupak, Ch. Dahlinger GmbH & Co KG, National Pak Ltd, Studioabd, Kling Display & Packaging, Cyberpac, Delu Ltd., LOMB ART.

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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 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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Market Segmentation

Global wristwatch packaging market is segmented on the basis material type, product type, and shape type.

Based on material type,

wood
fabric
Cardboard & paperboard
metal which is further sub-segmented into aluminum and steel
plastic is sub-segmented into polyethylene terephthalate (PET), high- density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polystyrene (PS).

Based on product type,

box,
cases.

Based on shape type,

round
square
triangle
rectangle
oval
diamond shape.

Author:

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Fruit Powders Market Anticipated to Surpass US$ 36.4 Billion by 2033, Embracing a Robust CAGR of 7.6%

The fruit powder market is poised to witness at a 7.6% CAGR during the forecast period. The market for fruit powder is expected to expand from US$ 17.5 billion in 2023 to US$ 36.4 billion by 2033.

Increased consumer desire for year-round seasonal crops and food products with a long shelf life is driving the expansion of the fruit powder industry. The market is expanding due to increased demand for industrial fruit powders produced using a variety of processes such as vacuum drying, drum drying, spray drying, and freeze drying.

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Fruit Powder Market Growth Benefits a Growing Number of Health-Conscious Consumers.

Consumers are continuously striving to meet their nutritional needs with functional foods and beverages. The items’ popularity has grown as customers’ awareness of the importance of micronutrients such as vitamins, minerals, and amino acids has expanded.

As people’s lives change, so does their interest in ready-to-eat meals that fulfil their specific nutritional demands, contributing to the growth of the local market for fruit powders.

Factors Limiting the Fruit Powder Market Growth:

Making is included in the process. Fruit powder is made by dehydrating and drying fruits in various ways, such as freeze drying, drum drying, spray drying, and others. This method is expensive, which raises the price of fruit powder.

As fruit powder is concentrated, numerous fruits are utilised to make a little packet of the product, increasing the price even more. Fruit powder’s higher price point, along with the availability of alternatives, may limit the sales and slow down industry growth.

Regional Analysis:

The Asia Pacific region is expected to grow significantly in the market during forthcoming years. This is attributable to customers’ increasing need for convenient and healthy food products as a result of their growing health consciousness.

Due to changing consumption habits and rising demand for novel food products, China and India are among the greatest consumers of convenience food. Along with this, the acceptability, affordability, and availability of the fruit powder are important factors driving regional market expansion.

Key Takeaways

The US market for fruit powders is to exhibit a CAGR of 7.4% and reach US$ 12.9 Bn by 2033.
The South Korea market for fruit powders is predicted to develop at a 5.4% CAGR to hit US$ 1.3 Bn by 2033.
By 2033, the UK market for fruit powders is poised to increase at a 6.7% CAGR and hit US$ 1.5 Bn.
The China market is predicted to witness a 7% CAGR and grow at US$ 2.6 Bn by 2033.
By 2033, the Japan fruit powders market is anticipated to grow at a 6.1% CAGR to attain US$ 2.1 Bn.
By product type segment of the fruit powders market, the Strawberry sector to develop at a CAGR of 7.4% during the forecast period.
The Conventional sector may prosper at a CAGR of 6.9% over the forecast period, according to the nature segment.

Competitive Landscape:

Manufacturers in the fruit powder market should expect growing demand, mostly from the cosmetics and personal care industries.

The adaptability and growing demand for natural ingredients in cosmetics and personal care products are predicted to entice manufacturers to include fruit powder in their products. Companies are attempting to provide customised fruit powder to meet the diverse needs of cosmetics and personal care product producers.

NutraDry released Australian organic pumpkin powder in 2019. The powder is composed entirely of butternut pumpkins farmed organically in Australia, with no fillers or additions. Australian Certified Organics has certified it.

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Key Segments

Based on Product Type:

Strawberry
Blackberry
Black Currant
Raspberry
Blueberry
Peach
Apple
Pear
Apricot
Plum

Based on Nature:

Organic
Conventional

Based on End Use:

Fruit Processing
Beverage Processing
Dietary Supplements
Pharmaceuticals
Cosmetics and Personal Care

Based on Technology:

Freeze Dried
Spray Dried
Vacuum Dried
Drum Dried

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

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

Pectin Powder Market Projections: Surpassing US$ 652.1 Million by 2033 | Future Market Insights

The pectin powder market is anticipated to reach a value of US$ 429.5 million in 2023. From 2023 to 2033, demand is anticipated to grow at a CAGR of 4.3%, with a target value of US$ 652.1 million by 2033.

During the forecast period, the market is anticipated to maintain its upward trend owing to its current stable expansion. The food and beverage industry’s expanding demand for natural and clean label products, as well as the growing popularity of vegan and vegetarian diets, are the primary causes contributing to this rise.

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Rising awareness of the advantages of consuming pectin in terms of health is one of the key factors driving the pectin powder market. Pectin is a soluble fiber that has been proven to improve gut health by lowering cholesterol levels and assisting with digestion, and other factors. Food and beverage items with pectin as a main component are becoming increasingly popular as customers grow more health-conscious.

The growing demand for components with clean labels is another element fueling the market expansion. The components in their meals are a growing source of concern for consumers, who are actively looking for products made with solely natural and recognizable ingredients. Pectin powder, which comes from fruits like apples and citrus, is a popular ingredient since it is thought to have a clean label.

The market is also booming because of the inclination towards vegan and vegetarian diets. Given its capacity to serve as a gelling agent in the absence of gelatin produced from animals, pectin is a prominent component in vegan and vegetarian food products. Pectin powder is a common element in these diets, and demand for it is growing along with the number of individuals who follow them.

The market offers several prospects for expansion, particularly in emerging economies. There is a rising need for nutrient-dense, cost-effective food and beverage products as the world’s population continues to rise. Manufacturers in these areas are drawn to pectin power since it is a flexible ingredient that can be utilized in different food and beverage items.

One of the highly important developments is the rise in demand for organic and non-GMO ingredients. Customers are increasingly looking for products that are produced utilizing sustainable agricultural methods and are free of genetically modified organisms. Therefore, there is an increasing need for organic pectin powder that is free of synthetic pesticides and other dangerous chemicals.

The adoption of pectin powder as a component to substitute fat is a trend that is gaining popularity in the pectin powder industry. Manufacturers that want to lower the fat content of their goods without jeopardizing taste or texture find pectin to be an appealing substitute because of its exceptional capacity to replicate the texture and mouthfeel of fat.

Pectin powder is becoming a more popular functional component for nutraceuticals and nutritional supplements. The texture, stability, and bioavailability of these goods can all be enhanced with pectin which is a natural and potent substance. This makes pectin powder a desirable choice for producers in this industry.

Europe currently holds a significant share of the global pectin powder market and is anticipated to expand rapidly over the next ten years. Given the existence and expansion of the product’s end-use applications, there is a significant demand for the product in the region. Customers in the region are consuming less meat and switching to vegan and plant-based goods. As a result, there is an increase in demand for substances made from plants, including pectin powder, which is entirely made from plants.

KEY TAKEAWAYS

The market in the EU-4 is anticipated to rise, exhibiting a CAGR of 2.6% through 2033.
The United States is expected to develop at a 3.7% CAGR during the forecast period.
With a CAGR of 8.8% over the forecast period, India is predicted to develop promptly in the market.
The market in China is expected to proliferate, registering a CAGR of 4.7% over the forecast period.
The United Kingdom is estimated to grow decently registering a CAGR of 3.1% until 2033.

COMPETITIVE LANDSCAPE

Key players in the pectin powder market are E. I. DuPont De Nemours And Company, Cargill, Inc., Naturex S/A, CP Kelco, Herbstreith & Fox Group, Compania Espanola de Algas S.A., Silvateam s.p.a., DSM Andre Pectin Co. Ltd., Lucid Colloids Ltd., and others.

These market players are actively engaged in developing innovative formulations and expanding their product portfolios to cater to the diverse demands of the market. They are investing in research and development as well as establishing strategic partnerships and collaborations. They are also leveraging advanced technologies to enhance the quality and consistency of their offerings while adopting sustainable practices to minimize their environmental impact.

RECENT DEVELOPMENTS

In January 2023, The Herbstreith & Fox Group introduced improved fruit spreads without additional sugar called H&F Pectin.
In March 2022, a new set of ingredients was launched by CP Kelco. They were created especially for meat substitutes made from plants.

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Pectin Powder – Market Segmentation

On the basis of Product Type:

High methoxyl pectin
Low methoxyl pectin

On the basis of Application:

Food and beverage
Dietary supplements
Pharmaceuticals
Personal care and cosmetics
Others

On the basis of Region:

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

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Plant-Based Sausages Market Set to Reach US$ 12,936.9 Million by 2033 | Future Market Insights

In 2023, the plant-based sausages market is anticipated to be worth US$ 1,228.1 million. By 2033, the market is projected to be worth US$ 12,936.9 million. Throughout the forecast period, the market is anticipated to have a CAGR of 26.5%.

The market for plant-based sausages is expanding rapidly as more customers adopt plant-based diets and seek sustainable animal substitutes. With breakthroughs in plant-based protein sources, these sausages provide a tasty and environmentally sustainable option without sacrificing flavour or texture. The market’s expansion is being driven by rising health consciousness and ethical concerns, which are moving the plant-based food industry ahead.

How Does Popularity of Plant-based Sausages Propel the Market Size?

The popularity of plant-based sausages is growing due to several factors in the global market, including:

Increased consumer demand:More and more consumers are looking for plant-based alternatives to meat products due to health, environmental, and ethical concerns.
Product innovation:Plant-based sausage manufacturers have been developing new products that more closely mimic the taste and texture of traditional meat-based sausages. It has made plant-based sausages more appealing to consumers looking for alternatives to meat products.
Widening availability:Plant-based sausages are now available in various supermarkets, restaurants, and other food service establishments. This increased availability has made it easier for consumers to find and try plant-based sausages.
Support from retailers and food service providers:Many retailers and food service providers now offer plant-based sausages on their menus and stores. This support has helped to increase awareness of plant-based sausages and has made them more accessible to consumers.
Rising investments:Venture capitalists, food businesses, and other investors are increasingly investing in the plant-based meat sector. The industry’s growth and innovation are being fueled by this investment.

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Manufacturers Bring Lucrative Opportunities in the Global Market

There are Several Opportunities in the Plant-Based Sausages Market, Including:

Expansion in new markets: Manufacturers of plant-based sausages can expand their businesses by establishing new markets, such as new regions, retail channels, or food service industries.
Product innovation: There is a significant opportunity for innovation in the plant-based sausage market, including developing new flavors, textures, and formats. Manufacturers can also explore new ingredients and production methods to differentiate their products from competitors.
Partnership and collaboration: Plant-based sausage manufacturers can partner with other companies in the food industry, such as restaurants or food service providers, to expand their reach and increase sales.
Health and wellness trends: Consumers are increasingly interested in health and wellness, allowing plant-based sausage manufacturers to develop products that meet this demand, such as low-sodium or low-fat options.
Convenience and portability: Plant-based sausages can be convenient and portable for consumers looking for quick and easy meals. Manufacturers can explore new packaging formats or product configurations to appeal to this market.
Sustainability and environmental concerns: With the growing awareness of environmental issues, plant-based sausage manufacturers can highlight their products’ sustainable and environmentally-friendly aspects to attract consumers concerned about their food choice’s impact.

Key Takeaways:

The plant-based sausages market is expected to reach a valuation of US$ 12,936.9 million by 2033.
With a CAGR of 26.5%, the global market is increasing during the forecast period.
The United States plant-based sausages market is anticipated to record a CAGR of 3% through 2033.
Historically, the market secured a CAGR of 6% between 2018 and 2022.

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Competitive Background:

In the market, there are very limited key companies. The players innovate several unique and innovative products as per consumers’ requirements. However, these essential players upsurge the market by investing their capital in research & development activities. These players adopt a few marketing strategies: mergers, collaborations, partnerships, and acquisitions.

Other Prominent Players in the Market are:

Beyond Meat
Impossible Foods
Tofurky
Lightlife Foods
Field Roast
The Vegetarian Butcher
MorningStar Farms
Gardein
Amy’s Kitchen
Nestlé S.A.
Kellogg Company
Conagra Brands
Maple Leaf Foods
The Meatless Farm Co.
Moving Mountains
Quorn Foods
Fry’s Family Foods
Yves Veggie Cuisine
Alpha Foods
No Evil Foods

Recent Developments in the Market are:

Beyond Meat: Beyond Meat is a leading plant-based meat company offering various products, including plant-based sausages. In 2021, Beyond Meat launched its new Beyond Breakfast Sausage Links, designed to taste and look like traditional pork breakfast sausages.
Impossible Foods:Impossible Foods is another leading plant-based meat company that offers a range of products, including plant-based sausages. In 2021, Impossible Foods launched its new Impossible Sausage Made from Plants, designed to taste and look like traditional pork sausage.
Nestle: Nestle is a multinational food and beverage company offering plant-based meat products, including plant-based sausages. In 2021, Nestle announced that it was launching a new range of plant-based sausages under its Garden Gourmet brand in Europe.
Tofurky:Tofurky is a company that specializes in plant-based meat alternatives, including plant-based sausages. In 2021, Tofurky launched a new line of plant-based sausages called DIY Sausages, which allows consumers to create their sausages using the company’s plant-based sausage mix.
Field Roast:Field Roast is a company that specializes in plant-based meat alternatives, including plant-based sausages. In 2021, Field Roast launched a new line of plant-based sausages called Signature Stadium Dogs, designed to taste and look like traditional hot dogs.

Plant-based Sausages Market by Category

By Product Type:

Plant-based Chicken
Plant-based Beef
Plant-based Pork

By Source:

Soy-based Protein
Wheat-based Protein
Pea-based Protein
Canola-based Protein
Fava-bean Based Protein- {Potato-based Protein, Rice-based Protein}
Lentil-based Protein
Flax-based Protein
Chia-based Protein
Corn-based Protein

By Distribution Channel:

Retail- {Hypermarkets/Supermarkets, Convenience Stores, Specialty Food Stores, Online Retail}
HoReCA

By Region:

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

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Plant-based Nuggets Market Is Predicted To Advance At A CAGR Of 5.8% by US$ 708.6 million

The plant-based nuggets market is expected to reach a valuation of US$ 448.5 million in 2023 and is anticipated to reach a valuation of US$ 708.6 million by 2033. The demand for plant-based nuggets is estimated to record a steady CAGR of 5.8% CAGR.

However, the production cost of plant-based nuggets is significantly higher, resulting in a high price. This may limit the market’s total expansion. Nonetheless, the advent of their products in various textures and sizes has paved the door for expansion. FMI anticipates healthy market growth, particularly as awareness of animal abuse grows.

Key Takeaways from the Plant Based Nuggets Market Report The plant based nuggets industry is projected to grow at a CAGR of 26% during the forecast period of 2020-2030 Plant based chicken nuggets will remain under spotlight as best-selling product The EU Commission’s support for plant based meat products will help Europe continue to dominate the market Sales via HoReCa will continue to surge through the forecast period Surging adoption of vegetarian and flexitarian diet will open growth prospects for the market in South Asia

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“Behemoths in the food chain business are taking cue from changing consumer preference and altering their menus accordingly. Plant-based nuggets are making increasing appearances across menus of some of the leading names in HoReCa business. This is expected to bode well for the market in the coming years,” said a lead analyst at FMI.

Covid-19 Impact Analysis

The Covid-19 pandemic has had a huge effect on people’s lifestyle, reshaping their food preferences. Increasing awareness about the body and immune system has encouraged people to shift to a healthy diet. Rising caution regarding animal borne diseases has compelled consumers to adopt vegan lifestyles. This had caused manufacturers to include plant based meat products in their menus and stores.

The pandemic disrupted market sales but is expected to bounce back with the reopening of several hotel chains. The inclusion of plant based products is expected to attract customers looking for healthier options, ensuring a growth in market.

Who is Winning?

Leading manufacturers are now partnering with companies to introduce plant based meat products in their outlets. Giant manufacturers like Burger King have partnered with plant based meat manufacturers such as Vegetarian Butcher, to include plant based chicken nuggets in their menu.

In 2020, KFC teamed up with Beyond Meat to introduce plant based chicken nuggets in almost 100 stores in the United States. The success of plant based meat products has encouraged companies to invest in the market.

Manufacturers are focusing to develop ingredients that have zero gluten and are allergen free to create products that can be consumed by all. The leading players in the market are Burger King, KFC, McDonald’s Corporation, Alpha Foods, Urban Platter, Nestlé S.A., Heura Foods, The Vegetarian Butcher and Tyson Foods Inc. among others.

Valuable Insights into the Plant-Based Nuggets Market

Future Market Insights in a recent report has conducted a complete industry analysis of the years 2013-2019 with assessments for the forecast period of 2020-2030. The market is divided into various segments in order to give a detailed analysis.

Based on the product type, the market is divided into plant-based chicken, plant-based beef and plant-based pork. On the basis of the source, the market is segmented into soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based protein, flax-based protein, chia-based protein and corn-based protein. The market is also segregated based on the distribution channel into retail (hypermarkets/supermarkets, convenience stores or specialty food stores), online retail and HoReCa (Food Service Sector). Lastly, the market is divided based on the region into North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa.

Future Market Insights (FMI) in a new study has predicted the consumption of plant based nuggets to surge in the forthcoming years. Rising focus on health and wellness among consumers is underpinning growth in the market. Market players are looking to capitalizing on this opportunity by mimicking the taste and nutritional profile of meat-based products.

However, production cost of plant-based nuggets is comparatively higher, which results in their high price. This could hamper the overall expansion of the market to an extent. Nonetheless, launch of their products in diverse textures and nuggets has been paving way for growth. Especially with focus on animal cruelty surging, FMI foresees positive growth on cards for the market.

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Frequently Asked Questions

At what CAGR is the plant-based nugget market is expected to rise?
Which is the largest market for plant-based nuggets?
Which are the top companies in the plant-based nuggets market?
What is the outlook on the plant-based nuggets market?
Which key challenge is witnessed by companies in the plant-based nuggets market?
Which is most lucrative category in the plant-based nuggets market?

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Dinner Ready-to-Eat (RTE) Food Market: Projected to Reach US$ 25,184.3 Million by 2033

The adoption of dinner Ready-to-Eat (RTE) food is expected to increase at a CAGR of 6.00% during the forecast period. The dinner Ready-to-Eat (RTE) food market size is anticipated to rise from US$ 14,692 million in 2023 to US$ 25,184.3 million in 2033.

One of the primary elements driving market expansion is the rapidly urbanising food and beverage sector, which is also growing. The global consumption of RTE food products has also increased as the working population has grown and consumer lifestyles have improved.

As a result of hectic schedules, on-the-go convenience foods that require minimal preparation time and effort are becoming increasingly popular. Furthermore, the expansion of quick-service restaurants (QSRs) and the emergence of a café culture, as well as an increase in consumer purchasing power, are driving demand for supper RTE food products.

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To address nutritional needs, producers are creating creatively flavoured variations rich in useful ingredients, which is also boosting their enduring popularity among customers.

Other factors, such as the growth of online retailing networks and aggressive promotional activities by vendors, are expected to drive the market even further.

Key Takeaways from the Dinner Ready-to-Eat (RTE) Food market

The American ready-to-eat food market had the strongest dinner ready-to-eat food market share, accounting for 9.3% of the global market. The rising consumption of ready-to-eat foods, including frozen goods is to held responsible for the country’s growth. Given these foods’ low cost as well as their high quality and freshness, the dinner ready-to-eat food market in the United States is expanding.
3% of the market for dinner-ready food was accounted for by the Supermarkets & Hypermarkets category in 2022. The market for dinner ready-to-eat foods is expanding as a result of the convenience of finding various brands’ ready-to-eat foods in one place. Frozen food is offered at discount pricing by supermarkets in an effort to attract more customers.
Rising urbanization, increased middle-class disposable income, and changing Indian consumer food habits all contribute to the market’s phenomenal growth of 29.7%. Furthermore, the increased demand for quick food, as well as the freshness and nutritional value of these items, is aiding the growth of the Indian ready-to-eat food market.
The ready meals segment leads the global market with a 6.4% annual growth rate. Consumer demand for ready meals has boosted the growth of the dinner ready-to-eat food industry significantly. The rise in the working population, as well as the reduction in cooking time, has had a positive effect.

Competitive Landscape

The manufacturers’ strategies for staying afloat in the dinner ready-to-eat food market include new product launches, portfolio expansion, strategic collaborations, and mergers. As a result of high industrial profitability, dinner ready-to-eat food market manufacturers have developed powerful competitive strategies, increasing competition among existing market players. As a primary market consolidation strategy, major dinner ready-to-eat food market players are focusing heavily on product innovation.

Findus Group, Tyson Food Inc., JBS, General Mills Inc., Koninklijke Philips N.V., Greencore Group Plc, The Kraft Heinz Company, Unilever NV, Smithfield Food Inc., Schwan’s Shared Services, Nestle SA, ITC Limited, and Hormel Food Corporation are some of the key players in the Dinner Ready-to-Eat Food Market.

Latest Developments

The Kraft Heinz Company announced a secondary offering of shares of common stock (the “Offering”) in November 2021. Some affiliates of 3G Global Food Holdings LP (the “Selling Stockholder”) intend to sell 30,596,465 shares of common stock (“Common Stock”) in the Offering, which is subject to market and other conditions. The company will not accept any proceeds from the Offering.
Tyson Foods, Inc. will launch a novel line of plant-based products under the brand First PrideTM in select retail markets and e-Commerce across Asia Pacific in June 2021. This is the first time the company has launched plant-based products in Asia, with the goal of making protein more accessible and affordable to more people around the world.

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Key Segments Covered in the Market Report

By Product Type:

Instant Breakfast/Cereals
Instant Soups and Snacks
Ready Meals
Baked Goods
Meat Products

By Distribution Channel:

Hypermarkets/Supermarkets
Convenience Stores
Online Retailers

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Plant Based Pork Market: Expected to Grow by 24% by 2033 | Future Market Insights

With a spectacular CAGR of 24% from 2023 to 2033, FMI predicts that the global plant-based pork market could rocket to a value of US$ 1.88 billion in 2023. Additionally, by the year 2033, this industry is projected to reach a staggering US$ 16.72 billion.

The veganism movement is being fueled by the growing environmental and animal rights consciousness among a sizeable portion of the population. People are now looking for meat substitutes as a result of this trend. Many people love pork, thus it’s a popular food.

The negative impacts of pork slaughter have led to the introduction of innovative products as alternatives. Pork made from plants is one such substitute. As a result, the market is likely to have plenty of room to develop as the use of plant-based meats as an alternative grows in popularity.

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The market is anticipated to be driven by growing consumer interest in plant-based diets and increased awareness of animal rights owing to numerous welfare groups. Vegan diets, in which people live vegetarian lifestyles free of animal-based foods, increasingly include plant-based meat as an essential component.

Veganism is becoming more popular among consumers for ethical and health reasons, while vegetarianism is becoming increasingly popular among customers who want to avoid animal cruelty and consume sustainable food and beverage options.

Increasing mushroom production and consumption, including that of oyster and button mushrooms, among others, is expected to also fuel market expansion in the years to come. The market is projected to rise during the projected period as a result of rising demand for goods made of plant-based ingredients such as tofu, soy, seitan, jackfruit, and others.

Overindulging in pork can result in diet-related disorders such as obesity, type 2 diabetes, heart disease, and several other malignancies. On the other hand, eating meat made from plants doesn’t result in these illnesses. Moreover, they support stronger immunity. Consumer attention is being drawn to a variety of significant considerations, including the nutritional advantages of plant-based pork and its safety when compared to traditional hog meat.

Pork products made from plants are largely taking the place of traditionally processed pork items like burgers and sausages. Pork made from plants has lower amounts of saturated fat, cholesterol, and calories than meat made from animals. They frequently have greater concentrations of micronutrients like calcium, zinc, and press.

North America led the market and generated the leading revenue share in 2022, and it is anticipated that it could continue to do so for the duration of the forecast period. Increased usage of vegetarian meat products and growing consumer awareness of the dangers of ingesting tainted meat products are both credited with driving market growth in this region. In reaction to the higher demand for plant-based foods, including plant-based meat, consumer perceptions of food sustainability and safety are likely to change even further.

KEY TAKEAWAYS

The market in the United States has grown significantly in 2022 holding a 27.1% share of the global market.
The market in China is expected to grow at a CAGR of 16.7% over the forecast period.
The market in the United Kingdom is anticipated to grow at a CAGR of 19.7% through 2033.
With a CAGR of 14.3% over the forecast period, India is predicted to grow rapidly in the market.
Germany accounted for 11.2% of the global market in 2022.

COMPETITIVE LANDSCAPE

The top manufacturers of the plant-based pork market are Impossible Foods, Inc., Gardein by Conagra Brands, Cargill, Inc., Smithfield Foods, MorningStar Farms, Archer Daniels Midland Company, Symrise, Roquette Frères S.A., Tyson Foods, Inc., Sotexpro SA, Crown Soya Protein Group, Puris Proteins, LLC, Ingredion Inc, Beneo GmbH, Glanbia plc, Fuji Oil Co., Ltd., and others.

To fulfill rising customer demand for eco-friendly and meatless options, producers in the plant-based pork industry are creating new products. They are developing products that resemble the flavor, texture, and look of pork using a range of plant-based components, including soy, wheat, and pea protein. To accomplish the rising demand for sustainable and healthier food choices, they are investing in research and development to create novel plant-based pork products. In order to increase their distribution and increase customer access to their products, they are also collaborating with eateries and stores.

RECENT DEVELOPMENTS

In September 2021, Impossible Foods confirmed the commercial launch of their Impossible Pork Made From Plants, which is currently available at restaurants in Hong Kong.
In May 2021, Tyson Foods’ portfolio of plant protein products was expanded with three new products to meet the growing need for sources of plant-based protein. The company now sells Italian, ground, and Bratwurst sausages made from distinctive plant-based components.

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Plant-based Pork Market by Category

By Distribution Channel, Plant-based Pork Market is Segmented as:

Hypermarkets/Supermarkets
Convenience Stores
Specialty Food Services

By Source, Plant-based Pork Market is Segmented as:

Soy-based Protein
Wheat-based Protein
Pea-based Protein

By Product Type, Plant-based Pork Market is Segmented as:

Burger Patty
Crumbles & Grounds
Sausages

By Region, Plant-based Pork Market is Segmented as:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Bulk Food Ingredients Market Is Expected To Reach US$ 1,071.8 billion By 2033, At A CAGR 3.9%

The bulk food ingredients market is expected to be valued at US$ 736.90 billion in 2023 and to reach US$ 1,071.8 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 3.9%.

The Bulk Food Ingredients market is expanding rapidly as the food sector adopts more cost-effective and efficient sourcing practises. Bulk food components provide practical solutions for reducing waste and guaranteeing reliable supply chains. The global demand for processed foods and convenience items is driving the market’s rise.

As a result of increased urbanisation in emerging economies, the packaged food industry sees chances for innovation. This reason is prompting food makers to release new products that meet changing consumer expectations, which is increasing demand for premium bulk food components.

Customers’ growing preference for plant-based ingredients and cleaner labelling are also influencing demand for premium bulk food components. Veganism, keto, and glutton-free diets will drive up demand for luxury processed goods. As a result, during the review phase, demand for premium bulk food components is projected to increase.

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Besides this, high consumption of ready meals due to hectic schedules and increasing per capita expenditure are urging brands to expand production operations to meet the growing consumers’ demand, which in turn is augmenting the bulk food ingredients market growth.

“Convenience and longer shelf life associated with packaged food are propelling sales in the market. Apart from this, sales of bulk food ingredients through online channels, along with demand for gourmet and ready-to-eat meals will continue augmenting market growth,” says the FMI analyst.

Key Takeaways:

Processed herbs and spices will generate the most revenue throughout the projection period, according to product type. The use of bulk food items in prepared meals will keep gaining popularity. Due to the existence of important stakeholders, there will likely be a significant demand for bulk food ingredients in the United States. The high desire for upscale sauces and condiments in the U.K. is expected to boost growth opportunities. With rising sales of quick global cuisines, China is predicted to become a lucrative industry. The rising popularity of ready-to-eat meals is predicted to increase demand for bulk food ingredients in India. The market share for Japan and South Korea will be 6.2% and 4.8%, respectively.

Competitive Landscape

DuPont, Archer Daniels Midland Company, Cargill Foods Inc., Tate & Lyle PLC, Associated British Foods plc, Olam International, Ingredion Incorporated, EHL Ingredients, Wilmar International, Suntory, Koninklijke DSM N.V., Symrise AG, Kerry Group Plc, Bunge Limited, Ajinomoto, George Weston, Sysco Corporation, Conagra Brands and Kirin Holdings and CHS Ltd. are among the leading players operating in the bulk food ingredients market.

As a part of their growth strategies, key stakeholders in the bulk food ingredients market are enhancing their product portfolios to improve sales. Besides this, mergers, acquisitions, and production facility expansions will gain high significance during the forecast period. For instance:

In April 2021, Olam Food ingredients acquired Olde Thompson, a private label manufacturer of dry spices and seasonings, from private equity firm Kainos Capital for US$ 950 Mn. The acquisition marked a 15-yearlong partnership with Olde Thompson to supply premium retail spice solutions to major US retailers. In July 2021, Ingredion, Inc., unveiled a new textured protein at the Institute of Food Technologists’ FIRST virtual conference. The company added VITESSENSE TEX Crumbles 102 protein to its wide range of plant-based solution for the United States and Canada.

Bulk Food Ingredients Market by Category

By Product Type:

Vegetable Oil
Sea Salt
Sugar & Sweeteners
Tea, Coffee & Cocoa
Flours
Processed Grains, Pulses & Cereals
Dried Fruits & Processed Nuts
Processed Herbs & Spices

By Application Type:

Bakery & Confectionery
Beverages
Meat & Poultry
Sea Food
Ready Meals
Dairy Products
Snacks & Savory
Sauces & Dressings and Condiments
Frozen Foods

By Region:

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

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Key Questions Answered in the Report

What is the current bulk food ingredients market value?

The bulk food ingredients market reached a valuation of US$ 771.6 Bn in 2021.

At what rate did the bulk food ingredients market grow between 2016 and 2020?

The bulk food ingredients market experienced modest growth, exhibiting a 4.30% CAGR between 2016 and 2020.

What are the key trends driving bulk food ingredients sales?

Growing demand for instant food products and ready meals, coupled with longer shelf life and convenience offered by processed food is driving the bulk food ingredients market.

Who are the leading players in the Bulk food ingredients market?

Leading players operating in the bulk food ingredients market include DuPont, Cargill Foods Inc., Archer Daniels Midland Company, Associated British Foods plc and Koninklijke DSM N.V.

What is the current market share of Japan and South Korea in the global bulk food ingredients market?

Japan and South Korea will collectively account for 6.2% and 4.8% of the total market share respectively.

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global eClinical Solutions and Software Industry Aims for US$ 29.1 Billion Valuation by 2033, Powered by a Robust 12.1% CAGR | FMI

The Global eClinical Solutions and Software Industry is poised for an era of unprecedented growth, aiming to achieve a remarkable valuation of US$ 29.1 billion by the year 2033. This projection signifies a substantial surge from the estimated US$ 9.3 billion in 2023 and follows the industry’s robust growth, demonstrating a Compound Annual Growth Rate (CAGR) of 10.6% between 2017 and 2022, reaching a valuation of US$ 8.4 billion in 2022. The industry is now set for even greater heights, with an impressive CAGR of 12.1% expected from 2023 to 2033.

The driving force behind this extraordinary expansion is the substantial increase in funding for clinical research and life sciences. As financial resources dedicated to these critical sectors continue to grow, the adoption of eClinical solutions and software is expected to witness widespread usage, fueling overall market growth throughout the forecast period

A key catalyst for the industry’s growth is the expanding research and development activities undertaken by biopharmaceutical and pharmaceutical companies. This surge in R&D efforts is set to prompt the widespread utilization of eClinical solutions and software in various clinical trials. Businesses are recognizing the need for comprehensive eClinical platforms that can seamlessly adapt to evolving trial management requirements.

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With the surge in the amount of data produced via the clinical development process, the need for efficient tracking and evaluation of clinical data will also rise. As a result of this, the demand for eClinical solutions and software amplifies in clinical trials which, in turn, supplements the overall market growth. The eClinical solutions and software increase efficiency, and lessen the expenditure, and errors like duplicate entry are avoided due to the use of eClinical technologies. This factor bodes well for the expansion of the Global eClinical Solutions and Software Industry size. Other factors that will aid the market growth are the progress witnessed in the life sciences field and the outsourcing of clinical trials to contract research organizations (CROs). All of these factors propel the Global eClinical Solutions and Software Industry forward during the projection period.

Global eClinical Solutions and Software Industry Key Takeaways:

High costs and constant maintenance expenditure will prevent the growth of the eClinical solutions and software market during the assessment period.
Based on the service, the clinical data management systems (CDMS) category will dominate the global market with an estimated share of 22.6% for 2023 and 2033.
By delivery mode, the web-hosted (on-demand) will lead the market with a share of 67.3%.
The eClinical solutions and software market in the US will hold about 39.3% of the market share in 2023 due to increasing product launches by key players.
China’s eClinical solutions and software market will expand at a strong CAGR of 8.7% owing to greater medical needs.

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Global eClinical Solutions and Software Industry Competitive Landscape

Oracle, Datatrak International, Inc., CRF Health, eClinicalWorks, Parexel International Corporation, Bioclinica, IBM Watson Health, and Anju Life Sciences Software, among others, are some of the dominant players in the Global eClinical Solutions and Software Industry profiled in the full version of the report.

In an intensely competitive environment, leading market players are concentrating on the swift adoption of advancing technology. These businesses employ various expansion strategies including mergers, collaborations, partnerships, and acquisitions, while also engaging in product development to enhance their market positions.

More Insights Into Global eClinical Solutions and Software Industry

In its latest report, FMI offers an unbiased and detailed analysis of the Global eClinical Solutions and Software Industry, providing historical data from 2017 to 2022 and forecast statistics for 2023 to 2033. For a comprehensive understanding of the global market potential, growth, and scope, the market is segmented on the basis of solution, delivery mode, clinical trial, end-user, and region.

According to the same reports, based on segmentation, the CROs category will make substantial contributions to the overall market growth in terms of end-users. In terms of clinical trials, the phase III segment will account for 46.7% of the global market share in 2023.

Based on region, the Global eClinical Solutions and Software Industry will present strong growth in the US. The target market in this region will account for 39.3% of the market share in 2023 and will likely continue this growth during the forecast period. Favorable government policies and rising funds from the government as well as increasing product launches from key players will push the market forward in the US. Germany and China, too, will make notable contributions to the global growth of the eClinical solutions and software market during the forecast period.

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Global eClinical Solutions and Software Industry Key Players:

Oracle
Datatrak International, Inc.
Dassault Systemes
CRF Health
eClinicalWorks
Parexel International Corporation
Bioclinica
eClinical Solutions
IBM Watson Health
Anju Life Sciences Software
ERT Clinical

Key Market Segments Covered in Global eClinical Solutions and Software Industry Research

Solution:

Randomization & Trial Management (RTSM)
Clinical Data Management System (CDSM)
Clinical Trial Management System (CLMS)
Electronic Clinical Outcome Assessment (eCOA)
Electronic Trial Master File (eTMF)
Electronic Data Capture
Others

Delivery Mode:

Licensed Enterprise (On-premise) Solution
Cloud-based (SAAS) Solution
Web-hosted (on-demand) Solution

Clinical Trial:

Phase I
Phase II
Phase III
Phase IV

Author

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

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

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

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