Opioid Analgesics Market Growth, Regional Analysis, Trends and Forecast 2022-2032

According to a recent assessment by Future Market Insights (FMI), the Opioid Analgesics Market is slated to expand at a 5.4% CAGR, attaining a worth of US$ 41.11 Billion in 2022. Soaring demand for post-surgery pain management and advancements in drug formulations to reduce analgesic side effects are predicted to propel sales of opioid analgesics over the forecast period.

Morphin sales are expected to command 13% of the overall opioid analgesics market share, with a market valuation of US$ 69.55 billion in 2032, according to FMI.

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A considerable rise in the number of surgical procedures has been reported in the last few years. In 2019, approximately 11.3 million surgeries were reported worldwide, according to the International Society of Aesthetic Plastic Surgery (ISAPS). As opioids are used as medications for managing and reducing pain post-surgeries, the surgical pain indication segment is anticipated to account for nearly 45.9% of the total sales by 2031.

According to FMI, Europe is expected to account for a significant share of the global market, with sales increasing at a CAGR of 5.4% between 2021 and 2031. The region’s growth is attributed to the rising prevalence of chronic diseases and the presence of favourable medical reimbursement policies in the United Kingdom and Germany.

“Commercialization of non-abusive opioids and increasing availability of opioid analgesics through online distribution channels are expected to accelerate the sales of opioid analgesics,” says the FMI analyst.

Key Takeaways from Opioid Analgesics Market Study

  • The United States is expected to lead the market in North America, accounting for nearly 86% of total sales in 2021.
  • In Germany, sales of opioid analgesics are expected to total US$ 2.2 billion, growing at a CAGR of 3.8% during the assessment period.
  • The market in India is forecast to account for 35.4% of the sales in South Asia, expanding at a CAGR of 5.7% between 2021 and 2031.
  • China is expected to become the most profitable market for opioid analgesics in East Asia, accounting for approximately 54.2% of regional sales revenue by the end of 2021.
  • Oxycodone is expected to dominate the drug class verticals, accounting for more than 19% of global demand in 2021.

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Key Drivers

  • Surging demand for facial and body aesthetics in response to an increase in the number of aesthetic surgical procedures such as breast implantation, eyelid surgeries, and abdominoplasty performed globally will drive sales in the surgical pain segment.
  • Increased adoption of opioid maintenance treatment (OMT) for treating opioid dependence (OD) in Germany, the United Kingdom, the United States, and other countries is expected to drive market growth.

Key Restraints

  • Side effects associated with opioid analgesics such as drowsiness, nausea, constipation, clouded thinking, and psychological & physical addiction are hampering the market growth.
  • Stringent government regulation and guidelines regarding manufacturing, storage, marketing, and selling of opioid products are restraining the growth of opioid analgesics.

Competitive Landscape

Leading manufacturers are emphasizing on launching new and revised products to enhance their product portfolios. Strategies such as product approvals, partnerships, agreements, merger, facility expansion, and collaborations are expected to assist market players strengthen their footprint and gain a competitive edge over other players. For instance,

  • In May 2020, Assertio Therapeutics, Inc., an American specialty pharmaceutical company, announced entering into merger agreement with a U.S.-based pharmaceutical company, Zyla Life Sciences. The merger will assist companies to expand their product portfolio of inflammation, neurology, and chronic pain medications.
  • In September 2018, Novartis, a Swiss multinational pharmaceutical corporation, announced signing an agreement for marketing, distribution, and sales, of well-known pain medicine brands such as Cataflam (diclofenac potassium) and Voltaren (diclofenac sodium) in Thailand, Malaysia and Philippines.
  • Pfizer Inc.
  • Abbott Laboratories
  • Janssen Pharmaceuticals, Inc. [Johnson & Johnson]
  • Novartis AG
  • Bayer AG
  • GlaxoSmithKline plc
  • F. Hoffmann-La Roche AG,
  • Boehringer Ingelheim International GmbH
  • Bausch Health Companies Inc.
  • Sanofi S.A.
  • Teva Pharmaceuticals
  • AbbVie Inc. (Allergan plc)
  • Purdue Pharmaceuticals L.P.
  • Sun Pharmaceutical Industries Ltd.
  • Mallinckrodt Pharmaceuticals
  • Endo Pharmaceuticals Inc. [Endo International plc]
  • Assertio Therapeutics, Inc. [Assertio Holdings, Inc.]

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More Valuable Insights on Opioid Analgesics Market

FMI, in its new report, offers an unbiased analysis of the global opioid analgesics market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in opioid analgesics market with detailed segmentation:

By Drug Class:

  • Morphine
  • Codeine
  • Fentanyl
  • Meperidine
  • Methadone
  • Tramadol
  • Oxycodone
  • Dextromethorphan
  • Buprenorphine
  • Others

By Indication:

  • Surgical Pain
  • Cancer Pain
  • Neuropathic Pain
  • Other

By Route of Administration:

  • Oral
  • Parenteral
  • Transdermal
  • Other

By End User:

  • Hospitals
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

About Future Market Insights (FMI) 

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

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Electrophoresis Equipment and Supplies Market is expected to grow significantly between 2022-2032

According to a recent FMI market report titled ‘Electrophoresis Equipment and Supplies Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027,’ the global Electrophoresis Equipment and Supplies Market was valued at US$ 1,854.8 Mn in 2017 and is expected to grow at a 4.5% CAGR from 2018 to 2027.

Increasing Application of Capillary Electrophoresis in Microbial Detection Driving Electrophoresis Equipment and Supplies Market Growth

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The global market for electrophoresis equipment and supplies is segmented by type, application, end user, and region. On the basis of type, the electrophoresis equipment and supplies market is segmented into capillary electrophoresis, gel electrophoresis and other accessories. Because of the growing preference for capillary electrophoresis equipment and supplies, the capillary electrophoresis equipment and supplies segment is expected to grow at a faster CAGR than gel electrophoresis.

The increase in the number of research activities in biochemistry and medical research projects are some of the primary factors driving the global electrophoresis equipment and supplies market. Increasing complexities in the treatment of diseases, such as cancer, genetic transmitted diseases and other health issues, is also one of the factors fuelling the growth of the electrophoresis equipment and supplies market. The use of capillary electrophoresis equipment and supplies in areas such as microbial detection and protein analysis is increasing their popularity.

The recent boom in biological research activities in different areas, such as research and academic institutes, hospitals and others, for performing DNA analysis, sequencing and other processes is boosting the demand for electrophoresis equipment and supplies globally. Furthermore, the rapid increase in competition among pharmaceutical and biotechnology companies is increasing the demand for efficient and automatic equipment, such as electrophoresis equipment and supplies. These industry verticals are using electrophoresis equipment and supplies for drug discovery, antibody research and others considering that the applications of electrophoresis equipment and supplies are expected to increase significantly over the forecast period.

The electrophoresis equipment and supplies market is divided into three applications: diagnostics (proteins), haemoglobin, and microbial detection. Due to increase in the transmission of infectious diseases, the need for finding out suitable solutions is rising, owing to which the adoption of electrophoresis equipment and supplies is also increasing rapidly. Given the growing demand for various studies, the electrophoresis equipment and supplies market is expected to grow significantly over the forecast period.

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The electrophoresis equipment and supplies market is segmented based on equipment type, taking into account the categories in which electrophoresis equipment and supplies are available as well as their application areas. The electrophoresis equipment and supplies market is divided into three categories: gel electrophoresis, capillary electrophoresis, and accessories. The revenue contribution from the capillary electrophoresis segment is expected to grow at a CAGR of 5.8% in the global electrophoresis equipment and supplies market during the forecast period. Capillary electrophoresis is widely used because it is simple to use and provides accuracy, contributing to the growth of the electrophoresis equipment and supplies market.

Increasing Application in Studying DNA Sequencing and Molecular Level Identification to Boost Electrophoresis Equipment and Supplies Market Growth

The electrophoresis equipment and supplies market is divided into hospitals and diagnostics centres, academic and research institutes, biotechnology and pharmaceutical companies, and others. The demand for electrophoresis equipment and supplies from academic and research institutes is expected to grow significantly due to constant investments in conducting research for studying biological properties and molecular identification. Furthermore, biotechnology and pharmaceutical companies are focusing on modifying the properties of their products, so the number of DNA-level studies is rapidly increasing, fuelling the demand for electrophoresis equipment and supplies.

Regional Overview: North America to Dominate the Global Market

The electrophoresis equipment and supplies report also covers the trends that drive each segment, as well as offers analysis & insights regarding the growth potential of the market in regions such as North America (U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, Italy, France, Russia, U.K. & the rest of Europe), Japan, APEJ (China, India, Malaysia, Australia, Singapore & the rest of APEJ) and MEA (GCC Countries, Israel, South Africa & the rest of MEA).

The increased presence of biotechnology and pharmaceutical companies in North America due to increased research and development activities is one of the primary factors driving the North America electrophoresis equipment and supplies market. Over the forecast period, this region is expected to dominate the global electrophoresis equipment and supplies market. Due to rapid industrialisation, which has created a demand for electrophoresis equipment and supplies in this region, the APEJ region is expected to grow at a CAGR of 6.5% over the forecast period. Furthermore, the demand for electrophoresis equipment and supplies in developing countries is increasing due to the penetration of international brands in this region, which has created the demand for devices such as electrophoresis equipment and supplies to deliver quality products.

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Key Players in the Electrophoresis Equipment and Supplies Market

The company is offering electrophoresis equipment and supplies for different end users such as hospitals & diagnostics centres, academic & research institutes, pharmaceutical & biotechnology companies and others. As per FMI analysis, Thermo Fisher Scientific is expected to dominate the global electrophoresis equipment and supplies market as the company is focusing on launching new products and upgrading its existing products to enhance its user experience and customer base. Some of the market participants featured in the global electrophoresis equipment and supplies market report are Bio-Rad Laboratories; GE Healthcare; Harvard Bioscience, Inc.; Sebia Group; Thermo Fisher Scientific Inc.; Danaher Corporation; Agilent Technologies; Hoefer Inc.; Merck Millipore; PerkinElmer, Inc.; QIAGEN N.V.; Labnet International, Inc.; Lonza Group Ltd.; Lumex Instruments; Shimadzu Corporation and others. These players are focusing on entering the electrophoresis equipment and supplies market in new areas of developing regions.

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

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Gamma Probe Devices Market | Cost Structure Analysis and Forecast to 2031 – By FMI

According to Future Market Insights’ (FMIs’) most recent revised industry analysis, the global Gamma Probe Devices Market Growth was valued at more than US$ 72.4 Mn in 2020, and is expected to grow at a CAGR of close to 9.5% during the forecast period.

Gamma probe devices help surgeons identify radiolabeled tissue prior to surgery for radioguided analysis, diagnosis, and procedures. Surgeons frequently have difficulty locating tissues within the human body, such as cancers, parathyroid glands, and lymph nodes. As a result, using a gamma probe device correctly allows the medical expert to make a smaller incision while still locating the tissues of interest.

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The rising number of thyroid and breast cancer patients, as well as the growing preference for non-invasive procedures due to shorter hospital stays and lower costs, will drive the gamma probe devices market.

Most minimally invasive surgical procedures require gamma probe devices. Gamma probe device innovation and improved patient outcomes in minimally invasive surgical procedures using gamma probe devices are also expected to drive market growth.

The growing preference for image-guided procedures, as well as recent advancements in low-cost gamma probe devices, are expected to boost market growth over the forecast period.

Gamma probe devices are increasingly being used in breast cancer sentinel lymph node mapping and parathyroid surgery. As per WHO, 2.3 million women were diagnosed with cancer of breast while 685 thousand deaths happened due to the same reason in 2020.

According to the Cancer Research UK, breast cancer is the fourth most common cause of cancer death in the UK, accounting for approximately 7% of all cancer deaths. Breast cancer, for example, can be prevented if patients are diagnosed early.

However, till now, only few key players such as Hologic Inc., Danaher, BIODEX, and Southern Scientific Ltd. are actively involved in manufacturing of gamma probe devices, which will create huge opportunities for other small as well as big manufacturers to enter the gamma probe devices market.

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Key Takeaways from Market Study

  • The trolley mounted device segment held the largest share of approximately 1% in 2021, owing to an increase in demand from hospitals due to the convenience factor, i.e. easy operability and lower cost.
  • The use of a gamma probe device resulted in a higher SLN detection rate, more accurate SLNB site identification (axillary or extra-axillary sites), and fewer problems, resulting in the application segment accounting for more than 56% of the market.
  • The hospitals segment will account for more than 52.8% of the gamma probe devices market in 2021, owing to the increasing demand for gamma probe devices in critical care units for breast and thyroid cancer procedures.
  • Europe accounts for the highest share for approximately 43.5% of the global gamma probe devices market share in 2021, due to the increasing breast cancer mortality rate in this region.

“Increasing prevalence of breast cancer and surging awareness among the people about the benefits of gamma radiation in various treatment will boost the market over the forecast period” says an analyst at FMI.

Who is winning?

The gamma probe device market is relatively consolidated. There are several companies in this industry, the most prominent of which are Hologic, LabLogic Group Holdings, and Danaher Corporation. These companies have strong product portfolios, product innovation, and cutting-edge business strategies.

These market leaders have pursued a variety of business strategies, including strategic alliances with other medical device companies for product marketing and services, as well as collaboration with healthcare institutions for advanced technology research and development.

  • In August 2020, Hologic announced a collaboration with RadNet towards the development of artificial intelligence tools in breast health.

In December 2019, Mammotome, a subdivision of Danahera Diagnostics, unveiled a new brand identity with an updated look and feel. Mammotome also began distribution of the TruCore TM II automatic core biopsy instrument in various regions.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Gamma Probe Devices Market by Category

By Modality

  • Hand Held Device
  • Benchtop Device
  • Trolley Mounted Device

By Application

  • Thyroid Uptake
  • Sentinel Lymph Node Uptake
    • Breast Cancer
    • Melanoma
    • Colon Cancer
    • NSCLC
    • Renal cancer
    • Others

By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Floral Flavour Market Analysis of industry trends and share, with growth projections through 2022–2032

Surpassing global market revenues of US$ 850 Mn in 2022, sales of floral flavours will see momentous growth over the course of following years. During 2022 – 2032, global floral flavour market is poised for a CAGR of over 5.7%, as projected by a new Future Market Insights (FMI) study.

The floral flavour market is anticipated to grow at a moderate pace during the forecast period. As per the data found by our analysts, the increasing proclivity of consumers towards purchasing clean-label goods is likely to lead to an uptick in the demand for the naturally-sourced ingredients that floral flavours are.

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Consumers are showing an aversion towards artificial flavourings while resonating with colour-enhancing and flavour-inducing natural and organic floral flavour. As a result, the demand for these flavours is likely to grow during the forecast period. Owing to this demand, the focus of manufacturers is on the development of floral products that are free from chemicals as well as artificial flavourings.

Consumers are showing interest in unconventional and authentic flavours in their food and beverage products offering unique mouthfeel. The number of products containing floral flavours has increased multifold from 2015-2018, as they account for a sensorial effect and deliver novel and interesting taste experiences to consumers.

Key Takeaways – Floral Flavour Market Study

  • Consumers seek products that have their roots in a pre-industrialized food system that is centered around whole, natural, and unrefined ingredients. Floral flavours match the growing consumer’s interests in authenticity of their products. Thus, floral flavours are witnessing a surge in demand.
  • In 2019, Firmenich SA, a privately-owned flavour and fragrance company, declared hibiscus as the Flavour of the Year, based on the increasing appeal of usage of hibiscus in food and drinks. Hibiscus is gaining traction in the flora flavour industry due to its appealing attributes, like the pleasant aroma coupled with a touch of tangy profile.
  • Besides, the hibiscus-based floral flavour is gaining popularity in applications such as beer, yogurt, chocolates, and tea, especially in the United States, Mexico, Brazil, and Denmark, with growth also taking place in Italy and Spain.
  • Beverages sector contributes more than half of the total floral flavour market share. Floral flavours are appearing in revitalizing, healthy product launches. Lavender, rose, jasmine, elderflower, and hibiscus flavours are witnessing significant demand, predominantly for use in soft drinks.
  • Frequent new launches in the alcoholic beverages category are progressively featuring floral flavours to gain greater consumer traction and achieve marketing differentiation.
  • Europe and North America will be significant in the global floral flavours market over the forecast period. The demand for floral flavours has especially impacted the European flavour industry.

Consumers are increasingly looking for healthier, authentic, and natural-tasting infused beverages, fusion drinks, and floral-infused RTD coffee. Thus, new entrants seeking to establish their position in the floral flavours market must focus their efforts on the beverage industry.

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Botanicals Trending Floral Flavour Space

New floral flavours are emerging to witness increasing demand from the food and beverage industry. With an increasing assortment of floral flavoured mixers and edible flowers, food and beverage manufacturers are experimenting with amalgamation of floral flavours to eventually create unique recipes. The increase witnessed in manufacturers’ investments into floral flavours is indicative of the fact that the botanical flavour trend is here to stay in the long run.

Europe Remains Important Market for Investors

European markets are rapidly witnessing new product launches featuring infused floral flavours in vast products ranging from chocolates, snacks, yogurts, beverages, and many more. In the United Kingdom, Rowntree released fruit and flower-infused pastilles, whereas, in Germany, Alpro launched orange blossom-flavoured apricot soy yogurt. Fermè, an Italian fruit supplier company, launched vegan cheese with fermented cashews preparation, infused with flowers and herbs in the U.K.

Manufacturers Augmenting R&D Investments to Develop Application-specific Flavours

Key players operating in the flavour industry are investing more in research and development activities to upscale their floral flavour production capacity and to provide consumers with unique blends of floral flavours. Flavour manufacturers are strengthening their partnership with end-user industries to meet the growing demand for innovation in food and drink offerings.

  • In April 2016, Givaudan S.A., a leading flavour manufacturing company in Switzerland invested US$ 126Mn to open an innovation center in Switzerland.
  • In July 2016, Takasago International Corporation invested towards a new development center for flavours and fragrances in Mexico, to enhance its product portfolio and presence in Latin America.

Know More About What the Report Covers

Future Market Insights, in its new offering, provides an unbiased analysis of the global floral flavours market, presenting historical demand data (2016-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the floral flavours market based on the raw material (hibiscus, lavender, neroli/orange flower, rose, elderflower, jasmine, cherry blossom, chamomile, and violette), end-use (food- dairy, bakery, confectionaries, snacks, fats and oils, and beverages- alcoholic beverages and non-alcoholic beverages), and product type (natural, organic, and artificial) across seven major regions.

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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High Flow Nasal Canula Market is estimated to surge at a CAGR of 11.6% through 2030 | Says FMI Analyst

Between 2022 And 2030, High-Flow Nasal Cannula Sales Are Predicted To Expand At An 11.6% CAGR. The Global High-Flow Nasal Cannula Market Is Estimated To Be Valued US$ 17.7 Billion By 2030, Up From US$ 7.37 Billion In 2022.

There Has Been A Noteworthy Increase In Respiratory Disorders In The Last Few Years. As Per GBD (Global Burden Of Diseases) Study 2017, The Cases Pertaining To Pneumoconiosis And COPD Increased From 81.1% And 49.8% Respectively From 1990 To 2017, And The Number Is Expected To Witness Exponentiation In The Forecast Period.

Moreover, Research States That High Flow Nasal Cannula Oxygenation Proves To Be An Effective Mode Of Treatment For Present Day Covid-19 Caused By Acute Respiratory Failure Over Non-Invasive Positive Pressure Ventilation (NIPPV). As Such, The Global High Flow Nasal Cannula Market Is Expected To Witness Traction In The Short-Term As Well As In The Long Run.

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Key Takeaways Of High Flow Nasal Cannula Market Study

  • Homecare Settings To Hold The Largest Market Share In 2020 Due To Outbreak Of Covid-19
  • Sales Through E-Commerce Channels Witnessing A Spike, As End-Users Show A Marked Preference For Contactless Delivery
  • Single-Use High Flow Nasal Cannulas To Replace Reusable Nasal Cannulas In The Forecast Period Due To Increasing Awareness Regarding Cross-Contamination

High Flow Nasal Cannula Market: Competitive Landscape
The High Flow Nasal Cannula Market Players Are Into The Expansion Mode Regarding Their Portfolio To Have A Competitive Edge Over One Another. They Are Also Entering The Inorganic Growth Mode To Leave No Stone Unturned Regarding Their Presence In The Market.

For Instance –
– Hamilton Medical AG, In Feb 2019, Tabled “Nuflow Single-Use Nasal Cannulas” To Facilitate High Flow Oxygen Therapy For Neonates. One Could Find These Cannulas In 4 Different Sizes Including A Pair Of Fixation Patches And An Adapter
– Teijin Holds The Privilege Of Launching The First Oxygen Concentrator For Japan; I.E. “Mildsanso”. As Far As Cardiovascular Diseases Are Concerned, Teijin’s Continuous Positive Airway Pressure (CPAP) Devices Holds Over 40% Of The Overall Market For Japan.
– Salter Labs Have 15 LPM Cannulas When There Is More Requirement Of Oxygen. ALOFT Cannulas Are Meant For Extra Comfort, Especially For The Geriatric Population
– Omniox From MEK-ICS Co., Ltd. Enables Delivery Of Optimal Humidification And Has An Adjustable Fio2 With 21 ~ 100%

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Smiths Medical Has Its Pediatric Divided CO2/O2 Nasal Cannula, Adult Oral/Nasal CO2, Pediatric O2 Nasal Cannula Under Its CO2 Sample Line

In Nov 2017, Teijin Pharma And SRETT Agreed Upon An Exclusive Distribution Arrangement All Over Japan For “Teleox”. This Device Monitors Respiratory Functions In Oxygen Therapy. It Is Designed By SRETT

Key Companies Profiled

  • CR BARD Inc.
  • Fisher & Paykel Healthcare Limited
  • Vapotherm Inc.
  • Teleflex Incorporated
  • Teijin Pharma Limited
  • TNI Medical AG
  • Resmed Corporation
  • Smiths Medical
  • MEK-ICS Co., Ltd.
  • Hamilton Medical AG
  • Flexicare Medical Limited (U. K.)

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Key Segments Of High Flow Nasal Cannula Industry Survey

High Flow Nasal Cannula Market By Component:

  • Air/Oxygen Blenders
  • Active Humidifiers
  • Nasal Cannulas
  • Heated Inspiratory Circuits
  • Consumables

High Flow Nasal Cannula Market By Medical Application:

  • Acute Respiratory Failure
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Bronchiectasis
  • Carbon Monoxide Toxicity
  • Sleep Apnea
  • Acute Heart Failure

High Flow Nasal Cannula Market By End User:

  • Hospitals
  • Specialty Clinics
  • Long-Term Care Centers
  • Ambulatory Care Centers
  • Homecare Settings

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Explore Wide-Ranging Coverage Of FMI’s Healthcare Landscape:

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR Certified Market Research Organization And A Member Of Greater New York Chamber Of Commerce) Provides In-Depth Insights Into Governing Factors Elevating The Demand In The Market. It Discloses Opportunities That Will Favor The Market Growth In Various Segments On The Basis Of Source, Application, Sales Channel And End Use Over The Next 10-Years.

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Coconut Flour Market Share Analysis and Global Industry Trends, Growth Forecast to 2022-2032

The global coconut Flour Market is estimated to be valued at USD 2,100 Mn in the year 2022 and is estimated to grow at an unprecedented rate to achieve a value of USD 6,699 Mn by the year 2032 with a CAGR of 12.3% during the assessment period 2022-2032.

Key excerpts from Future Market Insights’ latest report on the global coconut flour market projects that by the end of 2032, around 850.8 Thousand Tonnes of coconut flour is expected to be consumed across the globe. Increasing awareness amongst consumers about health benefits of coconut flour is expected to fuel its demand over the next couple of years. Moreover, coconut flour is gluten-free, making it consumable for those who are allergic to wheat or are sensitive to other similar gluten-based substances. Coconut flour has emerged as a good alternative for wheat flour. In recent past coconut flour has also seen a surge in its sales, owing to the rising demand for functional flour.

In terms of production, China is the leading producer of Coconut Flour followed by Poland, Germany, Chile and Austria. Production of coconut flour in Ukraine has also spiralled in last 3 years. Meanwhile, the Western Europe region holds the top position in terms of consumption followed by North America. Most European consumers value quality and prefer natural products that are healthy and carry no side effects, hence the demand for healthy food products such as coconut flour is significantly high in this region. In North America, the U.S. is a major importer of coconut flour and accounts for a sizeable share of the market.

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Key Takeaways:

  • Soaring popularity of coconut flour tortillas in several parts of the world. From an exotic food item, coconut flour tortillas are now turning into mainstream pantry food.
  • In countries such as Japan and the U.S., people are trying to developing new products using coconut flour as a key ingredient. Tortilla chips made with coconut flour has been a great success and well appreciated by food lovers.
  • Coconut flour is being increasingly used in manufacturing the nutritional bars, chocolate fillings, and other baking products such as pizza base, and bread.
  • Growing demand for coconut flour based food products in the emerging countries such as China and India.
  • Increased availability of coconut flour, owing to setting up of organised retail structures in both developed and developing regions.

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Celebs Coconut Corporation, Nutrisure Ltd., Nutiva, Inc, Bob’s Red Mill Natural Foods, Primex Coco Products Inc., The Coconut Company, Connecticut Coconut Company, Van Amerongen & Son., Healthy Traditions and Smith Naturals are some of leading manufacturers of coconut flour profiled in the FMI report.

The report covers exhaustive analysis on:

  • How much is the Coconut Flour market currently worth?
  • At what CAGR is the market expected to grow?
  • What are the key trends boosting Coconut Flour sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Coconut Flour?
  • Who are the major players in Coconut Flour Market?
  • What outlook does APAC provide?
  • At what rate will the U.S. Coconut Flour market grow?
  • At what level does the report reflect pricing analysis?

Market segmentation for Coconut Flour

By End-Use:

  • Retail
    • Conventional / Grocery Stores
    • Modern Trade
    • E-retailers
  • Industrial

By Application:

  • Snack Foods
    • Polvoron
    • Multi-Grain Chips
    • Extruded Products
    • Kroepeck
  • Baked Products
    • Cookies
    • Bread
    • Cakes
  • Animal Feed
  • Extruded Products

By Product Form:

  • Low Fat High Fibre Flour
  • Medium Fat Flour
  • Whole Full Fat Flour

By Technology:

  • Wet Process
  • Fresh-Dry Process

By Nature:

  • Organic
  • Conventional

By Region:

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

Frequently Asked Questions

  • How much is the Coconut Flour market currently worth?
  • At what CAGR is the market expected to grow?
  • What are the key trends boosting Coconut Flour sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Coconut Flour?
  • Who are the major players in Coconut Flour Market?
  • What outlook does APAC provide?
  • At what rate will the U.S. Coconut Flour market grow?
  • At what level does the report reflect pricing analysis?

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Asparagus Market Research Report 2027 – Market Size, Industry Outlook, Market Forecast Report

Key excerpts from Future Market Insights’ latest report on the global asparagus market project that by the end of 2027, around 10,300,521.7 metric tonnes (MT) of asparagus will be consumed across the globe. The sales of 10 million MT of asparagus are estimated to bring in revenues worth over US$ 37 Bn. Rising awareness among consumers regarding benefits of consuming asparagus is expected to instrument the growth in global consumption. By helping consumers boost their immunity, enhance brain function, and at certain extent, fight cancer, asparagus will continue to be an essential vegetable rich in nutrients.

Asparagus is actively sought by major companies as a key ingredient in soups on account of its nutritive properties and palatable taste. Asparagus is widely predicted to become the primary choice in the soup manufacturing industry as many companies already make soup with asparagus and this is only expected to grow in the future.

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In terms of production, China is expected to remain the world’s largest asparagus producer throughout the forecast period, 2017-2027. In 2014, China recorded production of half a million metric tonnes of asparagus. China’s contribution to the asparagus market in Asia-Pacific will remain significant. However, brimming demand for asparagus makes Western Europe the largest market, procuring over 40% share of global revenues. North America is also expected to be at the forefront of expansion of the global asparagus market, recording consumption of nearly 2 million MT of asparagus by 2016-end.

Key Segments Covered

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan

By Type

  • Fresh
  • Canned
  • Frozen

By Colour

  • White
  • Green

In spite of ample production and growing awareness regarding benefits of asparagus, the market is poised to grow at a moderate place. In terms of volume, the market is projected to showcase a 2.2% CAGR, while global asparagus revenues are projected to soar sluggishly at 3.1% CAGR during the forecast period. The report, titled “Asparagus Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” has identifies key restraints for the growth of global asparagus sales, which include:

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  • Farmers Opting for Direct Marketing – Farmers cultivating asparagus sell their produce by themselves, through traditional village bazaars and roadside outlets. Large and small restaurants as well as common consumers are also preferring to purchase this farm-fresh asparagus through direct marketing of farmers. This practice is impacting the global asparagus sales, but at a moderate extent.
  • High Costs for Processing & Storage of Asparagus – The most crucial inhibitor for growth of global asparagus sales is the need for higher capital investment in storage and processing of asparagus. Cost of packaging, cooling and transportation is relatively high, which reduces the price per pound of asparagus. Reduction in price per pound further leads to monetary losses for manufacturers. Processed asparagus, such as asparagus in brine, soups, mixed vegetable products etc., being sold at higher cost price, is expected to result in lower uptake among some sections of consumers in the world.

Leading manufacturers of asparagus include: Altar Produce LLC, Sociedad Agrícola Virú, DanPer Trujillo S.A.C., Limgroup B.V., TEBOZA BV, THIERMANN SPAGEL FARM, ILIOS – The Greek Asparagus Company, BEJO SEEDS LTD., Spargelhof Elsholz Gbr, Cutter Asparagus Seed, JERSEY ASPARAGUS FARMS, INC., Consorzio Associazione Produttori Ortofrutticoli Foggia, Mazzoni Vivai, and California Asparagus Seed and Transplants, Inc.

Additional Highlights from the Report –

  • By the end of 2017, the report estimates that over 8.2 million MT of asparagus will consumed globally, raking in US$ 27.7 Bn revenues
  • Towards the end of 2027, over three-fourth of global revenues will be accounted by sales of fresh asparagus
  • Likewise, green asparagus will also hold 75% share of global revenues throughout the forecast period, registering revenue growth at 3.3% CAGR

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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IQF Vegetable Market For 2031: Positioning, Future Prospects, and Sales of the Key Players

The individually quick-frozen (IQF) vegetable market is forecast to exhibit steady growth, with its overall valuation reaching US$ 1,560.1 Mn in 2021. As per Future Market Insights (FMI) analysis, IQF vegetable sales are expected to surge at 4.5% CAGR over the course of the assessment period, from 2021 to 2031.

Growth prospects for the market are likely to remain positive, thanks to improvements in the global food supply chain infrastructure. IQF potato products will emerge top-selling, accounting for more than 20% of the global market in 2021.

According to FMI, growth prospects for the market remain positive owing to the improvements in global food supply chain infrastructure. The global IQF vegetables market rose at 2.8% during its historical period of 2016 to 2020. IQF potato products are expected to emerge as top selling product category and account for 20% of the global market in 2021.

Advancement of technology to preserve food has encouraged key players to expand their product portfolio. As demand for convenient food is on the rise, sales prospects for IQF vegetables will improve.

Consumers are increasingly demanding simple, hygienic vegetable products that can aid in reducing conventional hassles of slicing and cleaning fresh vegetables. As increasing number of people are focusing on better food quality, key players in the IQF market have lucrative opportunities to capitalize on.

Demand for IQF vegetables is increasing as consumers are seeking food with superior nutritional value, flavor, and quality. However, the market is expected to face restrains owing to lack of strong distribution network and supply chain.

North America is expected to lead the global IQF vegetables market due to immaculacy of vegetable supply chains in Canada and the U.S. The market in this region is expected to further expand owing to the availability of farm-fresh vegetables across numerous retail outlets in Canada and the U.S.

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Key Takeaways

  • Demand in food product will increase in the coming years. FMI projects this category to account for a share of 73% in the market by 2031.
  • Potato is the most preferred vegetable type and it is expected to hold 23.4% of the market in 2021. The segment is expected to grow at a CAGR of 4.2% through 2031 as is it one of the most staple food across the globe.
  • The U.K market is expected to register growth at 2.7% CAGR in terms of value for 2021 to 2031 and contribute over 10% to the Europe vegetable market in 2031.
  • Japan is expected to account for 5.5% market share in terms of value in 2021. Presence of some of the leading private labels will continue fuelling demand in the market.
  • The France IQF vegetables market is expected to account for 14.8% of the Europe market by 2031. The diverse and sophisticated retail distribution system will continue supporting expansion in France.

IQF Vegetables Market

Key Drivers

  • Decline of traditional family meals and rising prevalence of single-portion products due to active and nuclear family lifestyle are expected to boost demand for IQF vegetables.
  • IQF vegetables are rising in popularity as they are known as convenient and healthy source of processed food. They are widely used in meals and as complimentary food.
  • The ability to preserve nutrients, texture, and taste of vegetables for a long period of time is a major factor bolstering adoption of IQF vegetables.

Competitive Landscape

The global IQF vegetables market is gaining from recent technological advancements.  Players are investing in research and development activities to expand their product portfolio and consumer base.

For instance, Turkey-based Fine Food acquired Buhler’s SORTEX FA series machines to expand its production capacity while focusing attention on distribution and export requirements.

In March 2021, REMS Frozen Foods was unveiled. The company is all set to import frozen food ingredients that are IQF specialized in Eastern Europe, Egypt, the U.S., Spain, and China.

The key players operating in the global IQF vegetables market as profiled by FMI are:

  • B&G Foods Holdings Corp.
  • Capricorn Food Products India Ltd
  • ConAgra Foods, Inc
  • Dole Food Co.
  • Greenyard NV
  • J.R. Simplot Co.
  • Kerry Group Plc.
  • Pinnacle Foods, Inc.
  • SunOpta Inc.
  • Uren Food Group Limited

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More Insights on the IQF Vegetables Market:

FMI provides an unbiased analysis of the IQF vegetables market, presenting historical demand data (2016-2020) and forecast statistics for the forecast period from 2021-2031. The study divulges compelling insights on the global IQF vegetables market with a detailed segmentation on the basis of:

Type

  • Beans
  • Peas
  • Corn and Baby Corn
  • Broccoli and Cauliflower
  • Potato
  • Onion
  • Tomato
  • Carrot

Application

  • Food
    • Bakery, Confectionary & Snack Food
    • Dairy & Dessert
    • Cooking food
    • Ready to Eat Food
    • Beverage
  • Juice
    • Other Non-alcoholic Beverages
    • Concentrate

Region

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

Key Questions Covered in the IQF Vegetables Market Report

  • The report offers detailed insights into IQF vegetables demand outlook for 2021-2031
  • The market study also highlights projected sales growth for IQF vegetables market between 2021 and 2031
  • IQF vegetables market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends, evaluation of current market size, and technological advancements within the industry
  • IQF vegetables market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Vascular Endothelial Growth Factor Inhibitor Market is expected to reach US$ 33.5 Bn by the end of 2032

The global Vascular endothelial growth factor inhibitors market is predicted to be worth US$ 22.7 billion by the end of 2022, and to increase at a CAGR of 4.0% to be worth US$ 33.5 billion by the end of 2032. According to a recent analysis by Future Market Insights, biologics are ruling the market as pharmaceuticals, with a share of roughly 72.1% in the year 2021, inside the global market.

Future Market Insights (FMI) presents its new, comprehensive study on the global Vascular Endothelial Growth Factor Inhibitor market spanning from 2018 to 2028. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints.

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Backed by historical data and projected data, the report breaks down the vast study into numerous geographies and end-use segments, among others to condense the research. The report also considers production and consumption analysis, value chain analysis, key findings, important suggestions and recommendations, and other aspects

Analysts at FMI have employed in-depth analysis to offer a lucid understanding of the market and the factors shaping its growth trajectory. Ranging from macro socio-economic factors to micro geography-specific trends, the research has taken into consideration every facet that is likely to play a vital role in the growth of the market in the years to come. Presenting a plethora of valuable information, the report will serve as an effective tool, guiding the market players in making fruitful decisions in the forthcoming years.

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Why Choose Future Market Insights?

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Vascular Endothelial Growth Factor Inhibitor Market: Segmentation

To simply the gargantuan study, the report is segregated on the basis of different segments.

 By end user:

  • Hospitals
  • ambulatory surgical centers

By geography:

  • North America
  • West Europe
  • APEJ
  • Japan

The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.

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Vascular Endothelial Growth Factor Inhibitor Market: Competition Analysis

The study bestows valuable insights into the competitive landscape of the global Vascular Endothelial Growth Factor Inhibitor market, by studying numerous players, their growth strategies, and key developments. The report dwells deep and studies different facets such as product launches, production methodologies, and steps adopted by players to make processes cost-effective, among others, are expected to influence their individual standpoint. Understanding the prevailing trends and strategies on the supply-side empowers players to foster their plan of action accordingly to progress on a remunerative path. Key players covered in the research include

  • AstraZeneca
  • Bayer Healthcare
  • Merck & Co. Inc.
  • Genetech Inc.

Key Questions Answered in FMI’s Vascular Endothelial Growth Factor Inhibitor Market Report

  • Which region is anticipated to hold a prominent market share over the forecast period?
  • What will be the key driving factor propelling the demand for Vascular Endothelial Growth Factor Inhibitor during the forecast period?
  • How current socio-economic trends will impact the Vascular Endothelial Growth Factor Inhibitor market?
  • What are the growth strategies implemented by prominent players in the Vascular Endothelial Growth Factor Inhibitor market to maintain their foothold in the competitive landscape?

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

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Sourdough Market Size By Application, Geographic Scope And Forecast 2022-2032

The US$ 3.2 Bn sourdough market will continue to be positively influenced by increasing application in bread production. Of the US$ 3.2 Bn worth of sourdough sold in 2022, demand from the bread segment totalled US$ 2.36 Bn. This segment is projected to increase at a US$ 6.17 Bn through 2032 at CAGR of 6.3%. The dominance of the bread segment can be gauged from the fact that other key application segments – pizza, buns, cakes, cookies, and waffles & pancakes – collectively accounted for nearly 27% revenue share.

Western Europe continues to the largest market for sourdough, accounting for nearly 38% share of total revenues in 2022. Adoption of sourdough in Western Europe food manufacturing units continues to remain strong.

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Future Market Insights estimates the Western Europe sourdough market to increase at a CAGR of 7.1% through 2032. In terms of revenues, the market is projected to grow 2X from its 2022 market valuation of US$ 1.21 Bn. In terms of volume, over 552 thousand tonnes of sourdough was sold in 2022; FMI estimates it to reach over 975 thousand tonnes in 2032.

Opportunities in the Global Sourdough Market 

  • Increasing demand for clean-label products has presented a lucrative opportunity for businesses
  • Use of sourdough is also gaining traction owing to its application in preparation of foods that require fermentation

Key Supply-side and Demand-side Drivers 

  • According to Future Market Insights’ report, demand for sourdough is increasing on account of its beneficial functional properties. Its property of enhancing flavour and texture is a key factor for its applications in the F&B sector, especially bakery sector
  • Increase in the number of artisan bakeries is positively influencing the demand for sourdough. Particularly high demand for type 1 sourdough – made using only wild yeasts – is being witnessed in artisan bakeries
  • Availability of sourdough products on e-commerce stores is also contributing to increasing sales
  • Growing demand for sourdough from the fast food and bakery sector is creating sizeable growth opportunities for manufacturers

High cost of sourdough products is a major impediment to their widespread adoption in developing countries.

Key Trends Expected to Shape Global Sourdough Market 

  • Dehydrated sourdough (Type III) is gaining traction in the bakery industry. Freeze-drying remains the preferred dehydration technique for manufacturers.
  • Manufacturers are using devitalised sourdough for enhancing the aroma of products. Devitalised sourdough does not contain live organisms, enhancing its use as an aromatic agent
  • Consumer demand for healthy food products has resulted into the launch of chocolate sourdough loaves. Further, Future Market Insights identified increasing use of type I sourdough.

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Sourdough Market Forecast and Analysis by Starter Culture 

Type III starter culture currently accounts for nearly half of the revenue share of the global sourdough market. Over 773 thousand tonnes of sourdough was sold in 2016; by the end of the forecast period, Future Market Insights estimates global volumes to surpass 1.3 million tonnes.

Key companies profiled by Future Market Insights in its report include Puratos NV, Ernst Böcker GmbH & Co. KG, IREKS GmbH, Kampffmeyer Mühlen GmbH, Philibert Saveurs, Lesaffre, Dilbeek, Minden, Kulmbach, Hamburg, Pont-de-Veyle, and Marcq-en-Barœul.

Future Market Insights maintains a positive outlook on the global sourdough market, projecting it to grow by 6.8% CAGR through 2026 in terms of value. In terms of volume, demand is projected to grow at 5.5% CAGR.

Key segments covered in the global sourdough market report

By Application

  • Bread
  • Pizza
  • Buns
  • Cakes
  • Cookies
  • Waffles and Pancakes
  • Others

By Region

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

By Starter Culture

  • Type I
  • Type II
  • Type III

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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