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Disposable Hygiene Adhesives Market | Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

Today, disposable hygiene adhesives plays a very important role in the manufacture of user-friendly and environment-friendly hygiene products. The disposable hygiene adhesives are mainly used for the production of disposable hygienic products such as baby diapers (nappies), feminine care products, and adult care products.

Also these adhesives are used in other hygienic applications including medical dressings, hospital bed pads, and surgical drapes. Basic usage of disposable hygiene products is for the absorption of liquids or solids with no leakage and enough comfort.

Depending on their end-use, different kinds of disposable hygiene adhesives are employed for different applications. For example, spiral spray adhesive and elastic waistband attachment adhesives are the common adhesives used for diaper manufacture.

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Global Disposable Hygiene Adhesives Market: Dynamics

Disposable hygiene adhesives are used across various end-use industries such as packaging, healthcare, personal care, and pharmaceutical. Upsurge in demand for different end-use products is the crucial factor boosting the demand for disposable hygiene adhesives, in turn, propelling the overall growth of global disposable hygiene adhesives market.

Also, increasing use of disposable hygienic products due to better education, awareness through media, affordability & availability of disposable hygiene products, etc. are promoting the growth of global disposable adhesives market.

Also awareness and increasing adoption of female hygienic products in Asian countries such as India and China is an important driver for disposable hygiene adhesives market in the APAC region.

Currently, media makes people more aware about importance of disposable hygienic products and its environment-friendly nature. The government organizations also try to promote the use of these hygienic products to improve the health of infants, kids, and women. Consumers are looking for improved features of the products such as thinner cores, better absorption, improved softness, and changing substrates.

Global Disposable Hygiene Adhesives Market: Segmentation

The global disposable hygiene adhesives market can be segmented on the basis of origin, type, application, end-user, and end-use industry. On the basis of origin, global disposable hygiene adhesives market can be segmented into synthetic adhesives and natural adhesives.

On the basis of type, global disposable hygiene adhesives market can be segmented into hot melt adhesives, ethylene-vinyl acetate (EVA), pressure sensitive adhesive (PSA), amorphous poly-alpha-olefin (APAO) and polyurethane, and adhesives based on styrene block copolymers (styrene-butadiene-styrene (SBS), styrene-isoprene-styrene (SIS), styrene-ethylene-butadiene-styrene (SEBS), and others.

On the basis of application, global disposable hygiene adhesives market can be segmented into construction adhesive (or bonding adhesive), core adhesive (or fluff pad adhesive), positioning adhesive, elastic adhesive, frontal tape adhesive, side tape adhesive, and others.

On the basis of end-user, global disposable hygiene adhesives market can be segmented into baby & infant care, feminine care, adult care, specific or specialty care, and others. On the basis of end-use industries, global disposable hygiene adhesives market can be segmented into medical and healthcare, personal care, pharmaceutical, and other packaging applications.

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Global Disposable Hygiene Adhesives Market: Region-wise Outlook

North America and Asia Pacific are expected to be the key regions for disposable hygiene adhesives market in the upcoming years. China, Japan, and India are expected to remain key countries in the Asia Pacific disposable hygiene adhesives market throughout the forecast period.

The betterment in education sector and increasing awareness about the necessity of hygiene products in Asia Pacific propel the disposable hygiene adhesives market in the region.

Also, the disposable hygiene products demand in Europe is expected to increase in future with moderate growth rate followed by Middle East & Africa and Latin America.

Global Disposable Hygiene Adhesives Market: Market Participants

Examples of some of the market participants involved in the manufacture of disposable hygiene adhesives include Bostik SA, H.B. Fuller, Henkel AG & Co. KGaA, Nordson Corporation, The Dow Chemical Company, Foreverest Resources Ltd., GitAce, Guangdong Rurga New Material Technology Co., Ltd., TSRC Corporation, and Exxon Mobil Corporation among others.

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Eubiotics Market Size, Share Production & Consumption Analysis With Forecast To 2031

As per Future Market Insights (FMI) analysis, the global consumption of eubiotics increased by year-on-year (YoY) rate of 6.7% in 2021 to total sales of US$ 2.68 Bn in the year. The overall demand for eubiotics represents 16.4% of the global animal feed market in 2021 and is poised to increase at 7.4% CAGR to reach a value of US$ 5.47 Bn in 2031.

The eubiotics market is emerging as antibiotic alternatives or animal antimicrobials by-product in the animal feed industry intended to boost livestock immunity and gut health while acting as livestock nutrition. Considering this, the increasing demand for animal feed additives and animal specialty drugs will result in high demand for eubiotics market.

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The demand for eubiotics is growing as animal farming industries aim for improved effeciency, which includes an increase in livestock yield. Antibiotics, for the longest time, have remained crucial for improving animal productivity. Antibiotics are still in use in many countries as a sub-therapeutic substance for animal growth. But banning of antibiotics is encouraging manufacturers to go for alternative solutions, controlling the rise of AMR (anti-microbial resistance) products at the global level.

Eubiotics, such as prebiotics, probiotics, enzymes, and organic acids, can add the essential nutritional components to reduce the antibiotic use in farmed animals that can enable the industry to grow further. Key manufacturers like DSM are developing effective eubiotics solutions to reduce the prophylactic use of antibiotics and to remove AGPs to tackle AMR, to switch to antibiotic-free animal diets smoothly over time.

Key Takeaways from the Eubiotics Market Study:

North America eubiotics market leads accounted for 31.1% of the global eubiotics market in 2021.
Based on type, organic acid accounted for a dominant market share of 48.3% in the global market in 2021.
In terms of form, the liquid form is anticipated to register a CAGR of 7.8% during the forecast period (2021-2031).
By function, nutrition and gut health segment is accounted for 37.9% of the total market share in 2021.
Among livestock segments, demand for eubiotics in aquaculture is anticipated to increase by a CAGR of 8.1% during the forecast period.

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Who is winning?

Mature eubiotics markets can be influenced by consumer behavioral changes to dictate the demand-supply balance paradigm and the critical demographic position of the market as well. Focus on environmental sustainability is the broad level indicator of growth of the eubiotics market, as governments and regulatory bodies are introducing stringent rules regarding standard eubiotics products.

According to the Veterinary Medicines Regulation, published on December 11, 2018, the regulatory body has identified the need to control use of antimicrobial farm animal products and has put a ban on the prophylactic and metaphylactic antimicrobials usage in animals. The regulation will come into effect from January 28, 2022, compelling manufacturers to convert the antibiotic based products into sustainable alternatives like eubiotics.

Some of the leading companies offering eubiotics are Cargill Inc., BASF SE, Koninklijke DSM N.V., Novozymes, Eubiotics, Lesaffre Group, Kemin Industries, Inc., Novus International, Inc., Chr. Hansen Holding A/S, Beneo Group, and others.

Eubiotics by Category

By Type, eubiotics is segmented as:

Probiotics
Prebiotics
Organic Acid
Essential Oil
Enzymes

By Form, eubiotics is segmented as:

Dry
Liquid

By Function, eubiotics is segmented as:

Nutrition and Gut Health
Yield
Immunity

By Livestock, eubiotics is segmented as:

Cattle
Poultry
Swine
Aquaculture
Others

By Region, eubiotics is segmented as:

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

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Yeast Autolysates Market : Notable Developments & Geographical Outlook 2031

Newly released data from yeast autolysates market analysis by Future Market Insights shows that global consumption of yeast autolysates enjoyed year-on-year (YoY) growth of 5.2% in 2021 to total sales of US$ 1556.3 Mn in the year.

The overall demand of yeast autolysates captivates 37% of global yeast market and is poised to witness a prominent growth at 5.7% CAGR to reach the value of US$ 2708.6 Mn in 2031.

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The yeast autolysates market is emerging as a specialty yeast product as an inactive yeast rather than an active yeast product derived from natural yeast with yeast autolysis technology from both brewer’s yeast and baker’s yeast in yeast extract or yeast powder format and being used in feed yeast and yeast microbial nutrition contained with high yeast protein with other product categories, such as nutritional yeast, organic yeast, and dry yeast.

Health is the main driving force for food and beverages consumption in today’s world, following price and taste, due to the rising occurrence of various disease outbreaks and health problems around the world. Consumers have become selective about the products are being consumed while taking all the preventive measures as a result of the current scenario of Covid-19 pandemic.

This rising non-GMO product demand is expected to intensify production of yeast autolysates, being rich in protein and nutritional contents with rapidly increasing research and development activities and using advanced technologies. Yeast autolysates comes with entire spectrum of nutrients and a lot of high functional proteins, including peptides, free amino acids, valuable minerals, as well as vitamins, and trace elements.

As a result, the product can be used to any range of applications in both food and feed industry from fermentative food production to different categories of animal feed products, such as poultry, aquaculture, and pet food. If the product is very pure in quality, being a clean label ingredient, it can easily be considered as a natural flavoring ingredient.

The unique features and being a natural ingredient, consumer preference for this healthy and nutritious food product is rising with each passing day. Further, the product can easily be GMO-free, Halal and Kosher certified, and does not contain any gluten. Even more, easy accessibility of resources, yeast being the most convenient fungi to produce in terms of price and affordability, the end product price comes under a reasonable range, which is boosting the market growth.

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Who is winning?

Key players are focusing on having modern state-of-the-art centres to revamp the production of more quality based and flavourful yeast autolysates. As the consumption of the product is rising rapidly, manufacturers are more prone to focus on research and development to increase the product lines.

One of the leading players, Koninklijke DSM N.V., has taken a further step in the industry and set up a development site in Delft with a modern food and application centre. The company has invested together with other industry players as well in a biotech fermentation pilot plant, named as Rosalind Franklin Biotechnology Centre, on the site for industrial productions of Yeast autolysates flavor and antibiotic intermediates.

As more players are into innovation centres to ensure market position with R&D, a smooth and consistent supply of yeast autolysates is expected to maintain the production and consumption cycle of the product intact. Some of the leading companies offering yeast autolysates are Lallemand Inc., Koninklijke DSM N.V., Leiber GmBH, Kerry Group, KOHJIN Life Sciences Co., Ltd., Biospringer, Archer Daniels Midland Company, Angel Yeast Co., Ltd, Titan Biotech Ltd., Fuji Foods Corporation and others.

Yeast Autolysates by Category

By protein concentration :

≥ 50%
< 50%

By end use :

Feed Industry
Poultry
Pet Food
Ruminants
Aquaculture
Fermentation
Microbial Nutrients
Others

By region :

North America
Latin America
Europe
Asia Pacific
MEA

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Bioalcohols Market | Industry Research, Segmentation, Key Players Analysis and Forecast to 2027

Bioalcohols are key in protecting the environment from greenhouse gases and global warming. Bioalcohols are biologically produced alcohols and some of the most common bioalcohols are ethanol; and propanol and butanol to some extent.

They are produced by the action of microorganisms and enzymes through the process of the fermentation of sugars or starches. Bioalcohols are also produced through the fermentation of cellulose. The most common application of bioalcohols is their use as an alternative to gasoline.

The global bioalcohols market is growing due to increasing scarcity of fossil fuels and huge fluctuations in global crude oil prices. Due to the problem of global warming, which is caused by the emission of carbon dioxide contributing to the greenhouse effect, bioalcohols are emerging as a popular alternative to traditional fossil fuels.

Due to the increasing use of bioalcohols, the carbon footprint is reduced, and hence there is a lucrative opportunity for the use of such substances as the fuel of the future. Combined with this, the rising use of bioalcohols in emerging economies is fuelling the global bioalcohols market in a positive direction.

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Bioalcohols as a fuel of the future

Presently, bioalcohols are manufactured by the process of fermentation of biomass including organic wastes. With latest technological advancements, the production of bioalcohols is increasing being derived from cellulosic biomass usage, thus supporting the growth of the global bioalcohols market.

Cellulosic biomass comprises complex sugar molecules such as those found in switch grass and corn. Due to the rapid advances made by biotechnology, researchers have now devised a way to use this cellulosic biomass for improvements to fossil fuels.

There are distinct advantages of bioalcohols over fossil fuels in terms of emissions related to sulphur, nitrogen oxide, ground ozone and carbon monoxide. The emission of such hazardous substances is reduced by mixing bioalcohols in fossil fuels.

The only emissions that are generated by the use of bioalcohols are formaldehyde and acetaldehyde, that don’t have any effect on the surroundings. Ethanol gases possess the property of having less atmospheric reactivity, and thus result in reduced oxidant formation.

There are various hazardous substances that are emitted by the burning of fossil fuels, and some of them are even cancerous. The emission of such hazardous substances will be reduced by using ethanol and methanol, because they give out advanced steam pressure after getting mixed with petrol.

There is no change in the performance of petrol by mixing it with ethanol or methanol.

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Key regions leading the production and consumption of bioalcohols

There are various types of bioalcohols such as bio butanol, bio BDO, bio methanol and bio ethanol. Currently, Germany is the largest consumer and producer of bioalcohols. There are stringent norms in Germany regarding pollution control and protection of the environment, and hence the market for bioalcohols is growing in this country.

However, the shortage of raw materials from which bioalcohols can be produced is acting as a major dampener in the bioalcohols market in Germany. United States is the second largest market for bioalcohols in the world.

The administration in the United States has taken several initiatives to support the production of bioalcohols as an alternative fuel or as an additive to fossil fuels. The United States government is offering financial assistance to the manufacturers of bioalchols to set up the necessary infrastructure for the production of bioalcohols.

Emerging regions such as South America are also a promising market for the production of bioalcohols. The South America region is a hub for the production of bio ethanol, which is one of the major products comprising bioalcohols.

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Bioalcohols Market: Leading Players

Some of the key manufacturers of bioalcohols are BASF SE, Cool Planet Energy Systems, DSM and Cargill.

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 market segments such as geographies, types and applications.

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Potato Protein Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2032

The sales of potato protein market is estimated to be valued at US$ 121.1 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 249.1 Mn by 2032, rising at a CAGR of 7.5% for 2022-2032.

The global potato protein market size is expected to reach US$ 128.9 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.3% CAGR between 2019 and 2029. According to the report, the rising demand for healthier and plant-based food alternatives will stoke growth of the market.

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The report offers a comprehensive insight into the market. It covers key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. The report profiles some of the leading market players examines the impact of their growth strategies on the overall market.

“In the coming years, the potato protein market will gain impetus from the rising demand in developed regions. The rising demand for healthier meat alternatives and inclination towards plant-based protein will increase potato protein sales in regions such as North America, Europe and Latin America,” said a lead analyst at FMI.

It includes in-depth insights into the potato protein market. Some of these are:

The estimated value of the market was at US$ 84.6 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, North America emerged as a key market for potato protein.
Europe and Latin America will report steady rise as key markets for potato protein.
Among potato protein types, concentrates will witness high demand through the forecast period.
Key players are likely to focus on introducing new products to stay relevant in the market.

Increasing Application in Food and Beverages Sector to Boost Growth

Potato protein is widely used in infant formulas, food supplements and dairy products. Therefore, the increasing consumption of dietary protein will bode well for the market. Furthermore, the market is expected to gain from the expansion of the food industry. Because countries such as China, India, and Brazil exhibit high food demand, they are identified as some of the most lucrative markets for potato protein. In addition to this, the rising health consciousness among consumers will enable growth in the market.

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Who is winning?

Some of the leading players operating in the potato protein market are (Avebe, Tereos, Agrana, Roquette, Omega Protein, Pepees Group, Emsland Group, Meelunie, KMC Ingredients, Südstärke, AKV Langholt, PPZ Niechlow and others.

As a result of increasing competition, potato protein manufacturers are focusing on expanding their product portfolio and improving sourcing processes. Their expansion strategies are further aided by agreements between them and local players across emerging market. These companies are particularly focusing on catering to changing consumer preference across various applications.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Market Segments Covered in Potato Protein Market Analysis

By Type:

Isolates
Concentrates

By Application:

Food & Beverages
- Meat
- Dairy
- Confectionery
- Processed Foods
- Beverages
- Sports Nutrition
Feed

Region:

North America
Latin America
Europe
APEJ
Japan
Oceania
Middle East & Africa

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Truck Mounted Concrete Mixer Market 2018 – 2028 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects | FMI

Rise of Ready Mix Concrete Application to Provide Traction

The Truck Mounted Concrete Mixer Market in leading areas is rising rapidly. With technological revolution observed in the concrete industry, achieving high-performance concrete and with tighter controls is getting simpler.

Systems are being used for translating the properties of ready mix concrete into quantified data with the help of sensors mounted on trucks. This is expected to offer growth opportunities for the truck mounted concrete mixer manufacturers who aim at product innovation for gaining competitive advantage.

Reduction of Downtime and Rise in Profit to be Major Requirements for Companies.

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According to Cemen Tech of Indianola, Iowa, the use of mobile volumetric mixer enable saving nearly 40 percent of concrete costs. Not just cost-reductions, but achieving precision concrete has also become an important aspect for the construction industry.

Various cement manufacturing companies are making use of volumetric concrete trucks type of truck mounted concrete mixer. For instance, CTS Cement Manufacturing, South California, using volumetric trucks, provides quick-setting bulk cement to concrete contractors and producers.

Market in Europe and MEA to Witness Key Investment Pursuits by Leading Truck Mounted Concrete Mixer Manufacturers

While the overall market is scrutinized in accordance with seven major regions spread across the globe, expansions and investment initiatives in few regions represents the potential that they hold for the truck mounted concrete mixer market.

The European and Middle East and African market for truck mounted concrete mixer underline effective avenues with increasing investments by key truck mounted concrete mixer manufacturers witnessed in these regions.

For instance, Sany Group, a truck mounted concrete mixer provider signed a dealership agreement with Rhombus which is expected to achieve major sale of dump trucks and concrete machine in Kenya in the next three years, enabling Sany to move ahead in making its concrete machinery a rank 1 and dump trucks a rank 2 equipment in the local market.

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Similarly, Liebherr Group opened its development and demonstration center in Kirchdorf, Europe which would develop and test material handlers and construction machinery to make them fit for customer requirements. Having no competing validation center in elsewhere in Europe, this unit would strengthen Liebherr’s European business.

Additionally, Putzmeister, another truck mounted concrete mixer market player invested over a million dollars in a R&D facility in Germany, designed for setting new equipment standards for the concrete industry.

Major Truck Mounted Concrete Mixer Providers to Focus on Increasing their Business Capabilities with Effective Strategies

The key players contributing to the truck mounted concrete mixer market include Liebherr Group, SCHWING Stetter, SANY GROUP, Shantui Construction Machinery Co. Ltd., Beston (Henan) Machinery Co., Ltd., Anhui Hualing Automobile Group Co Ltd, Putzmeister Holding GmbH, XCMG Co. Ltd, Zoomlion Heavy Industry Science & Technology Co., Ltd, and KCP Heavy Industries.

A newly formed ready mixed concrete business set up in London area has shown its faith in Liebherr Group’s product offerings where the company purchased Liebherr’s eight HTM 804 truck mixers with which it would join forces with Mercedes-Benz chassis for the ready mixed concrete operation at its Barking-based plant.

The truck mounted concrete mixer company, Zoomlion Heavy Industry Science & Technology Co., Ltd. is all set to exhibit their new product line comprising smart products, the mainstay of the display being their concrete pumping solutions which include the concrete truck mixer, 56m truck pump that is mounted on the Mercedes truck-mounted mixer pump, designed for spaces and capacities, which showcases lower fuel consumption, higher working efficiency, and increased life-span.

Changsha in China is transforming the country’s manufacturing capabilities with the incorporation of next-generation technologies, and upgrading construction machinery.

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Sany Group, largest heavy equipment manufacturer in China and a player in the truck mounted concrete mixer market is also upgrading its business with intelligent manufacturing, as its Changsha workshop is Asia’s largest intelligent manufacturing unit.

Truck Mounted Concrete Mixer Market Division to Obtain In-depth Overview

Based on the mixing capacity, the truck mounted concrete mixer market is divided into three segments including between 6 m3 to 10 m3, less than 6 m3, and above 10 m3.
According to the type, the truck mounted concrete mixer market is segmented into volumetric concrete truck, concrete pump truck, and rough terrain concrete truck.
On the basis of product type the truck mounted concrete mixer market is classified as truck mounted static pump, truck mounted mobile pump, and truck mixer concrete pump.
The segments including in the mounting vehicle basis of classification of the truck mounted concrete mixer market include trailer and truck.

The research report on truck mounted concrete mixer market showcases a detailed evaluation of the whole market. It includes in-depth insights, historical and factual data, and industry-validated and statistically-supported data providing a better understanding of the truck mounted concrete mixer market.

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The report on truck mounted concrete mixer market includes predictions using adequate set of assumptions and methodologies. The research report on truck mounted concrete mixer market provides evaluations and data based on regions, technology, market segments, and applications.

The report on market of truck mounted concrete mixer comprises of a detailed market assessment on:

Segments of truck mounted concrete mixer market
Truck mounted concrete mixer Market Influencers
Truck mounted concrete mixer Market Size
Supply and Demand
Latest trends and challenges in the truck mounted concrete mixer market
Major Truck mounted concrete mixer manufacturers
Value Chain
Technology

Geographical Assessment of truck mounted concrete mixer market includes:

North America Market of Truck mounted concrete mixer including Canada and US.
Latin America Truck mounted concrete mixer Market including Mexico, Brazil, and Rest of Latin America.
Western Europe Truck mounted concrete mixer Market including Germany, Italy, U.K, France, Nordic countries, Netherlands, Spain, Luxembourg, Belgium, and Rest of Western Europe.
Eastern Europe Market of Truck mounted concrete mixer including Poland, Russia, and Rest of Eastern Europe.
Asia Pacific Market of Truck mounted concrete mixer including China, India, ASEAN, Australia & New Zealand.
Japan Truck mounted concrete mixer Market
Middle East and Africa Truck mounted concrete mixer Market including GCC, South Africa, and Rest of MEA.

The truck mounted concrete mixer market research study is an outlook of first-hand information gained by analyzing the market in a qualitatively and quantitatively.

This data is gained with the help of research analysts, experts in the industry and participants across the value chain. The thorough assessment of the trends in the parent market, macro-economic metrics, market governing factors, and market attractiveness based on segments are all included in the report.

The truck mounted concrete mixer market study also traces the influence of the several factors on the regions and market segments.

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The report on truck mounted concrete mixer market illustrates:

Detailed overview of Parent Market
Changing Dynamics of Truck mounted concrete mixer Market
Thorough Market Classification
Truck Mounted Concrete Mixer Market Size with respect to Volume and Value: Current, Historical and Projected Data
Latest industrial trends and developments
Truck Mounted Concrete Mixer Market-Competitive Landscape
Major Players in Truck Mounted Concrete Mixer market- Strategies and Product offerings
Geographies and Potential and Niche Segments that exhibit promising growth
Neutral perspective of Truck Mounted Concrete Mixer Market Performance
Necessary information for Companies to help improve and sustain their presence in the market

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Commerce Cloud Market Research, Segmentation, Key Players Analysis and Forecast to 2031

The commerce cloud market is projected to grow from US$ 13 Bn in 2020 to US$ 60 Bn by 2031, at an expected CAGR of more than 20% during the forecast period 2021-2031. This is a cloud-based commerce platform that enables the brands to build seamless commerce and buying experience across multiple digital channels such as mobile, web, social media and others.

With the use of commerce cloud, the enterprises can ensure enhanced customer experience for their connected shoppers. Due to the rise in eCommerce business worldwide, the demand for commerce cloud solutions will grow at a significant rate, in the next 5 years.

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What is Driving Demand for Commerce Cloud?

In recent days, the most efficient platform to perform activities like online payment, online retailing, online e-commerce activities, and many more are possible with the help of portable devices like smartphones, tablets, and laptops.

According to statistics, almost 80% of smartphone users have made a purchase online using their smartphone devices in 2019 which goes to show how much online shopping has had an impact globally. Such device increases flexibility and performance, and reduced time and cost of online business which drives the adoption of commerce cloud platforms.

In addition, 5G wireless technology will enhance the performance of the applications like smart wallets, mobile payments, and digital bank services. 5G networks are the key to unlocking larger and more engaging shopping experiences and virtual environments.

The technology help retailers benefit from using VR to introduce products in virtual stores because consumers can then see them more clearly. Thus the 5G wireless networks drives the commerce cloud demand, in the coming years.

Rise in eCommerce Likely to Augment Commerce Cloud Adoption

The shift from the offline commerce business of Fast Moving Consumer Goods (FMCG) businesses to online platform will enhances the growth of the commerce cloud platform. Much of the brick and mortar retail world has taken a serious hit from the COVID-19 pandemic, with low product sales, and business loss worldwide.

Commerce cloud solutions helps to consolidate various stakeholders of eCommerce like executives, IT, marketing, sales etc. These stakeholders involve in the overall groceries retail process and helps to provide a positive buying experience for the connected shopper.

Moreover, the customer’s interest in online shopping had been rising at an alarming rate. And the coronavirus pandemic acted as a catalyst to this new trend of shopping. Thus, increase in businesses moving to online commerce helps to augment commerce cloud adoption.

US and Canada Commerce Cloud Outlook

The US eCommerce market grew significantly by 44% year-on-year from 2019 to 2020, with online sales representing nearly 21% of total retail sales. Canada currently is the 9th largest eCommerce market with revenue of over US$ 30 Bn in 2020, and has the potential to develop further in the worldwide digital commerce marketplace.

Major retailers in the US & Canada region includes Amazon, Walmart, Home Depot, Target, Best Buy and others, which are currently dominating the digital commerce sales in the North America region.

Also, major commerce cloud solution vendors are also present in North America region such as Salesforce, Oracle, SAP, Microsoft and others. This further accelerates the growth in the US and Canada region, for commerce cloud deployments.

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Europe Demand Outlook for Commerce Cloud

The retail sector significantly contributes to the European economy, with Western European countries like Germany, UK, France leading the overall eCommerce sales in 2020, which is nearly 83% of overall Europe online sales.

These regions have higher eCommerce penetration rates and brands and retailers are adopting multiple online channels like mobile and web platforms for enhanced customer experiences. Amazon lead the market in Europe, with nearly 1/4th of the eCommerce market, followed by eBay, AliExpress and other retailers. Such developments and boost in the eCommerce sector in Europe would drive the demand for commerce cloud platforms.

Who are the Key Commerce Cloud Vendors?

Some of the leading vendors of Commerce cloud include

IBM
SAP
Salesforce
Mirosoft
Episerver
Magento
Shopify
BigCommerce
Digital River
Elastic Path

Key Segments of Commerce Cloud Market

By Solution:

Commerce Cloud Platform
Services

By Enterprise Size:

Large enterprises
Small and Medium-sized Enterprises (SMEs)

By Application:

Electronics & Electricals
Pharmaceutical & Healthcare
Automotive
Fashion and Apparel
Travel and Hospitality
Food & Beverages
Other

By Region:

North America
Latin America
Europe
Asia Pacific (APAC)
MEA

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Pea Starch Market | Current and Future Demand, Analysis, Growth and Forecast By 2031

Newly released data from pea starch market analysis by Future Market Insights shows that global consumption of pea starch enjoyed a year-on-year (YOY) growth of 5.2% in 2021 to total sales of US$ 115.9 Mn.

Due to applications such as thickening and texturizing, binding, gelling and other applications pea starch is widely used in a number of industries such as the food and beverage industry, pet food, cosmetics and pharmaceutical industry. Hence owing to the applications in a wide variety of industries pea starch market is expected to show significant growth.

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For the past few years, a huge consumer base around the globe are suffering from food allergies. Thus, the demand for allergen-free and healthy food has shown significant growth which has positively affected the sales of pea starch. Moreover, pea starch is also used as an additional ingredient in a variety of gluten-free food and beverage preparations.

Key Takeaways from the Pea Starch Market Study

Pea Starch is widely consumed in food processing functions of thickening and binding, gelling and texturizing among others. While thickening and binding applications are dominating the application segment holding nearly 35% market share. However, gelling applications is expected to grow with a significant CAGR of 8.5% over the forecasted period.
Pea starch is widely consumed in food processing end-use which is accounting for around 25% of the total market value. However, increased potential in the bakery products industry has led to an exceptional CAGR of around 9.8%.
As the focus on food nutrition grows, non-GMO and clean label attributes are gaining traction. As a result, organic pea starch, which is rising at a rate of close to 8%, are posing a significant threat to conventional pea starch, which owns more than 85% of the market share.
Due to a robust and active food processing industry, North America and Europe are the major markets for pea starch accounting for more than 54% of the global market. However, lucrative opportunities are now emerging in the APEJ and Latin American markets, which are developing at a CAGR of 9.7% and 8.0%, respectively.

“Manufacturers are seeking to produce pea starch-based products in order to meet rising customer demand for nutritious and sustainable foods. They are also providing convenience and on-the-go foods with a healthy twist to satisfy the demand of millennial customers, contributing to the worldwide pea starch market’s rise,” says the FMI analyst.

Increased use for human consumption and application as a stabilizing agent in food processing is expected to drive growth in food-grade pea starch throughout the forecast period. Industrial grade pea starch, on the other hand, is predicted to expand at a faster rate of over 8%, with textile, adhesive, and cosmetic applications in packaging. These trends will be aided by the use of pea starch in the manufacturing of bioplastics.

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Who is winning?

Key players operating in the global pea starch market are focusing on reaching a large consumer base by implementing various strategies such as marketing and promotional activity, strengthening distribution channels and adopting sustainable production.

Some of the leading companies offering pea starch are Axiom Foods Inc., Dakota Dry Bean, Parrheim Foods, Cargill Inc., Vestkorn, Roquette, Sanstar Bio-Polymers, Emsland Group, American Key Products and others.

Get Valuable Insights into the Pea Starch Market

By Nature :

Organic
Conventional

By Application :

Thickening and Binding
Gelling
Texturizing
Others

By Grade :

Feed Grade
Food Grade
Industrial Grade

By End-Use :

Soups and Sauces
Snacks and Savory
Bakery Products
Food Processing Industry
Cosmetics
Pharmaceuticals
Pet Food Industry

By Region :

North America
Latin America
Europe
Japan
APEJ
MEA

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Automotive Oil Pressure Control Valve Demand, Scope and Future Estimation until 2032

Automotive Oil Pressure Control Valve Market Overview

The global automotive oil pressure valve market secured a market value worth US$ 2 Billion in 2021. The market is further expected to reach US$ 2.12 Billion by the end of 2022. The market in 2032 is projected to value US$ 3.5 Billion while recording a CAGR of 5% during the forecast period from 2022 to 2032.

With the availability of advanced materials and ultramodern technology in the automotive sector, the average age of the vehicle has increased significantly. With the increase in the age of vehicles, automotive oil pressure control valves have become more prone to wear and tear, which had surged the need for replacements, consequently, spiking demand for the same.

China, India, Brazil, Mexico, Indonesia, among others have been identified as the most remunerative markets. Opportunities prevailing in the market can be attributed to the lower capital and cheap labor cost. Therefore, established manufacturers are focusing on transferring their production facilities to the aforementioned progressive markets.

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Rising purchasing power and increased disposable income in developing countries are likely to surge sales of automotive in the region, thereby, spiking the demand for automotive oil pressure control valves considerably. In 2017, Audi AG, an eminent entity in the automobile sector, began the production Audi Q5 in San Jose Chiapa, Mexico. The initiative presented various opportunities for expansion to the automotive oil pressure control valve in the market.

How is the Rising Production of Commercial Vehicle Boosting the Market?

The increasing demand for fuel-efficient and lightweight vehicle components and the growing production of commercial vehicles across the globe is expected to be the key factor propelling the demand for automotive oil pressure control valves. Besides, governments across various countries have implemented various regulations that support the growth of commercial vehicles, thereby, surging demand for automotive oil pressure control valve control.

The Federal Motor Carrier Safety Administration in the United States was established to control injuries and fatalities to commercial vehicles. Owing to such initiatives, the manufacturing of commercial vehicles is expected to increase, consequently, benefitting the market in the forecast period.

In addition, the Government of India is encouraging FDIs through various courses in the automotive sector which is likely to benefit the market and augment the production of automotive oil pressure control valves.

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How is Increasing Popularity of EVs Impeding the Market Growth?

The growing popularity of EVs has hampered the market significantly since electronic vehicles do not require automotive oil pressure control valves, limiting the market growth. Countries across the globe are encouraging manufacturers to switch to EVs owing to the rising environmental concerns, thereby, reducing demand for automotive oil pressure control valves.

Governments are offering various incentives to manufacture the battery of EVs. For instance, the Government of India announced that it may reduce the Goods and Services Tax (GST) on e-vehicles from 12-15%. In another instance, the South Korean government announced that it will offer US$ 900 Million tax exemptions on EVs. In other news, all-electric and plug-in hybrid cars purchased new in or after 210 would be eligible for a federal income tax credit of up to US$ 7,500. Owing to such initiatives, the market is likely to suffer significantly.

How do Favorable Initiatives by the Government of India Promote Market Growth?

As per the analysis, the market in India is anticipated to expand at a CAGR of 2% during the assessment period. In order to support the expansion of the automobile market, the Ministry of Finance announced a deduction of corporate tax in 2019. The initiative is likely to attract FDIs in the country’s manufacturing sector, which is projected to develop the automotive market, as a result, boosting the production of automotive oil pressure control valves.

In addition, the Make in India and Automotive Mission Plan 2026 is likely to expand the market considerably. The Automotive Mission Plan 2026 has boosted the market remarkably. In February 2019, the Indian Government approved a fund demand of US$ 1.39 Billion for the financial years 2022-2022 for the FAME-II Scheme. Such initiatives are likely to benefit the market significantly in the coming time.

The growing demand for passenger vehicles, light commercial vehicles in the country are expected to boost the demand for the equipment thereby, supporting the market expansion in the country.

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How is Robust Expansion of the Automotive Sector in North America Supporting the Market Growth?

As per the analysis, the market in North America is expected to expand at a CAGR of 3.3% during the forecast period. The U.S., Canada, and Mexico are expected to make the most significant contribution in developing the market in North America. As per the statistics of OICA, the U.S takes the forefront position in the manufacturing of cars and commercial vehicles.

Presence of renowned automotive OEMs like Honda Motor, Ford Motor Company, Toyota Motor Corporation, Stellantis, among others has played a significant role in positioning Canada as one of the strongest players of the region. The exemptions of tariffs on imported passenger vehicles under the Trans-Pacific Partnership trade are expected to boost the market significantly.

Mexico is one the fastest-developing markets, contributing considerably to the GDP. As per the International Trade Administration, Mexico is the sixth largest passenger vehicle manufacturer in the world. Owing to the aforementioned factors, the market in North America is projected to propel notably.

Market Competition

Key players of the global automotive oil pressure control valve market include Danfoss Group, Mitsubishi Electric Corporation, Parker Hannifin Corporation, Burkert Corporation, Rotex Automation, and SMC Corporation of America.

Key Segments Profiled in the Global Automotive Oil Pressure Control Valve Market

Valve Type:

Solenoid Oil Pressure Control Valve
Conventional Oil Pressure Control Valve

Vehicle Type:

Automotive Oil Pressure Control Valve for Passenger Vehicles
Automotive Oil Pressure Control Valve for Heavy Commercial Vehicle
Automotive Oil Pressure Control Valve for Light Commercial Vehicle

Sales Channel:

Aftermarket Sales of Automotive Oil Pressure Control Valves
Sales of Automotive Oil Pressure Control Valves via Original Equipment Manufacturer (OEM)

Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

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Future Market Insights (ESOMAR certified market research organization and a member of the 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 based on Source, Application, Sales Channel and End-Use over the next 10-years.

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Military Navigation Systems Market Comprehensive Shares, Historical Trends And Forecast By 2031

The military navigation system is applied to military missions for navigation purposes in enemy territories. The military navigation system is designed to meet the requirement of military transport aircraft. It helps to carry out various strategic or tactical military air transport operations in hostile environments.

The military navigation system provides efficient, flexible, and highly reliable navigation and guidance solution for various airborne systems, handheld receivers, precision-guided munitions, and embedded applications. The military navigation system can be used in various military applications for force deployment, vehicle navigation, and logistical support.

The military navigation system provides a wide range of benefits such as handheld receivers for soldiers, navigational devices for vehicles, and GPS-aided navigational systems for unmanned aircraft, and GPS-aided navigational systems for aircraft, among others. The reliability of such benefits drives growth for the military navigation systems market.

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What are the Key Trends Impacting Growth of the Military Navigation Systems Market?

The military forces across the globe have been focused on the integration of navigation systems with ships, aircraft, unmanned systems, rockets, and missiles, which is expected to create new growth opportunities for the military navigation system market during the forecast period.

As per the finding of the report, the global military navigation system is anticipated to experience an upsurge over the forecast period due to various factors such as a rise in the number of conflicts, advanced missile defense capabilities with the help of a navigation system.

How is the Increasing Demand for Advanced air and missile defense system reshaping the Market?

Developments in New-Gen missiles with advanced technologies including a medium extended air defense system, and others are major factors to strategic installations and platforms, such as military ships and airbases.

The varying nature of conflicts between several countries has resulted in the rising demand for advanced rockets and missiles from armed forces around the world, which is projected to drive the military navigation system market.

The military navigation system offers various applications such as forces location, forces deployment, forces navigation, communication network timing, and all-weather and across-the-clock operation. Such factors surge in the demands for military navigation system market growth during the forecast period.

What are the Major Driving Factors for Military Navigation System Market?

There is an increasing demand for artillery systems and missiles owing to geopolitical issues and instabilities and changing nature of warfare, which is expected to drive the growth of the military navigation systems market. The military navigation system offers different features such as signal with anti-jamming characteristics, identification, high accuracy, and more flexibility.

The reliability of such features propelling the demand for the military navigation system market.

Advantages and benefits such as command & control, search and rescue, combat and security, intelligence, surveillance and reconnaissance (ISR), targeting and guidance, are the primary factors resulting in an increasing number of military navigation system providers offering a new and innovative platform for business continuity.

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What are the Key Challenges that may Restrain Growth of the Military Navigational System Market?

Some of the major challenges hampering the growth of the global military navigation system market are high development and maintenance costs and weak signal and other operational challenges. Measurement errors from the inertial navigation system and declining in the procurement of defense equipment due to limited funding for defense in under-developed economies, which in turn, hinders the growth of the military navigation system market.

Competitive Landscape

Key players such as

Cobham Defence Communications
Garmin Ltd.
Thales Group
Trimble Inc.
Safran S.A.
Collins Aerospace
Raytheon Technologies

What are the Key Opportunities for Military Navigational System Market?

The aerospace & defense industry is coming ahead with several technological/system innovations, and various military navigation solution providers are focusing on providing navigation military systems such as new hybrid navigation systems and inertial navigation systems, and others.

The military navigation solution providers can focus on the advancements of products with small antennas, airborne products, test and training instrumentation, and radio-frequency technology for connected military navigation systems. Moreover, the development of such connected military navigational systems is opening new areas of innovation for military navigation solution providers.

Key Segments of Military Navigational System Market Covered in the Report

Based on Component: