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The global premium alcoholic Beverages market is set to grow at a CAGR of 9.3% and top a valuation of US$ 1.7 Tn by 2032. Rising consumption of premium alcoholic beverage due to their optimal quality and introduction of novel premium alcoholic beverages brands worldwide are some of the factors providing impetus to the growth of the market.

Over the years, demand for premium alcoholic beverages has risen at a healthy pace and this trend is likely to continue during the forecast period, owing to the rising disposable income, growing awareness regarding the benefits of wine consumption, rapid surge in number of wine drinkers across the world.

Similarly, increasing demand for various types of premium alcoholic beverages such as beer, rum, and wine among millennials will create plethora of opportunities for the premium alcoholic beverages manufacturers during the forecast period.

In addition to this, easy availability of premium alcoholic beverages through online shopping platforms will positively impact premium alcoholic beverages sales over the assessment period.

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Key Takeaways from Market Study

• The premium alcoholic beverages market size reached US$ 11.4 Bn in 2022.
• By alcohol type, whiskey is likely to be the most remunerative segment in the global premium alcoholic beverages during the forecast period.
• Based on sales channel, B2C to witness highest premium alcoholic beverages sales through 2032.]
• The U.S. will continue to remain the most dominant premium alcoholic beverages market during the forecast period.
• Demand for premium alcoholic beverages to rise at a robust pace in Japan over the assessment period.

“Growing consumer preference for nutritional beverages with optimum quality will create lucrative growth opportunities for the premium alcoholic beverages manufacturers during the forthcoming years,” says a Future Market Insights analyst.

Competitive Landscape

Key premium alcoholic beverages are constantly focusing adopting various strategies such as new product launches, advertisements, price reduction, partnerships to gain a competitive edge in the global market. For instance,

• In 2021, Dos Equis, a Heineken USA brand, launched a Hard Seltzer named as Dos Equis Ranch Water, which is inspired by the sparkling mineral water, classic West Texas tequila, and lime. The Dos Equis brand has become the largest import brand in Texas with 16.1% growth in the past year.

Key Companies Profiled in Premium Alcoholic Beverages Market are Bacardi Limited, Diageo Plc, Pernod Ricard SA, Gruppo Campari, The Brown-Forman Corporation, The Edrington Group, Heineken N.V., Anheuser-Busch Companies,  LLC, Carlsberg A/S, Miller Coors, Others

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Premium Alcoholic Beverages Market by Category

By Alcohol Type:

• Beer
• Wine
• Whiskey
• Gin
• Vodka
• Rum
• Others

By Packaging:

• Bottles
• Can
• Jars
• Tins
• Others

By Sales Channel:

• B2B/Direct
• B2C/Indirect

By Application:

• Household Segment
• Hospitality Industry
• Others

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Frequently Asked Questions

• What is the current size of premium alcoholic beverages industry?
• At what CAGR is the market expected to expand through 2032?
• How was the performance of premium alcoholic beverages over the past half-decade?
• What is the projected valuation for premium alcoholic beverages by 2032?
• Who are the key players operating in the market?
• Which are the top countries driving the premium alcoholic beverages market demand?
• What are the key factors affecting the premium alcoholic beverages market growth?

About FMI

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

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The global selenium yeast market is set to witness growth at a CAGR of 3.7% and top a valuation of US$ 375.9 Mn by 2032, as per Future Market Insights (FMI). Selenium as an important trace element is required to maintain good health and a balanced nutrient profile.

Selenium yeast is an essential compound product containing selenoproteins which is required by several other important anti-oxidants to convert hormones from inactive to active form. As an optimal selenium level is very important in order to maintain a healthy and proper body function, intake of selenium-based diet and supplements should be accurate, which can be provided by selenium yeast perfectly.

Selenium yeast in any form is utilized by selenoprotein synthesis of the body and it works best when organically sourced. This is easily metabolized as a cellular storage form of selenium, known as hydrogen selenide.

Selenomethionine absorption works best, as organic selenium yeast uses same active transport mechanism like methionine, which is an essential amino acid. This can only be dietary selenium which is more efficient than inorganic forms of selenium in terms of selenomethionine absorption. Some selenium yeast supplements include vitamin E as well to further facilitate selenium absorption and increase its antioxidant effects.

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Key Takeaways from Market Study

• The selenium yeast market is expected to reach a valuation of US$ 261.4 Mn in 2022 and expand at CAGR of 3.7% through 2032.
• Global selenium yeast demand is projected to grow year-on-year (Y-o-Y) growth of 3.3% in 2022.
• The selenium yeast market is growing with a notable boost towards the production to reach US$ 375.9 Mn by 2032.
• In terms of nature, organic selenium yeast is expected to gain immense popularity across the globe over the forecast period.
• In terms of grade, the food grade segment is expected to witness robust growth through 2022 & beyond
• Based on application, the dietary and pharmaceuticals industries are expected to account for notable market share during the forecast period.

“Organic selenium yeast supplements are essential due to several facilities it provides to human health including higher anti-oxidant activities and other nutrients absorption, which is driving the growth in food, pharmaceuticals, and animal feed industries over the forecast period,” says a Future Market Insights analyst.

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Competitive Landscape

Key selenium yeast brands are focusing on sustainable and organic product developments, while extending the product portfolio with extensive research procedures and several modifications to capture more market share in global arena and to further boost the industry growth.

• The brand Lallemand Inc. provides selenium yeast products under the name of Lalmin® Selenium, which is a safe form of essential mineral compound of organically bound selenium and available in the selenomethionine form. The range contains two products – Lalmin® Se1000 with 0.1% organically bound selenium, and Lalmin® Se2000 with 0.2% organically bound selenium, which provides antioxidant activity, supports thyroid, immune, and reproductive functions, and maintains nails and hair health.
• The manufacturer Lesaffre is selling organically bound nutritional yeast named as Lynside® Forte Se+ which is fortified with selenium to improve immunity and fertility in human body. During the fermentation process of production, the selenium gets integrated fully by the yeast and becomes an active coumpound of selenomethionine, which is the most bioavailable form of selenium to provide proteins, vitamins, fibers, minerals, and more nutrients to contribute to overall health and wellness.

Explore More Valuable Insights

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

The study offers compelling insights based on nature (organic and conventional), grade (food grade and feed grade), and application (food & beverages, nutraceuticals & dietary supplements, animal feed, and others), across seven major regions of the world.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Product launches & Recent Developments

3.4. Macro-Economic Factors

3.5. Value Chain Analysis

Read More TOC

About FMI

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

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The global mushroom fermenter market is set to witness growth rate of 5.6% over the forecast period (2022-2032), totaling around US$ 2.4 Bn by 2032.

Mushroom fermenter has a wider applicability in food and beverage, pharmaceutical, and cosmetics and personal care industries. It offers various benefits such as providing sufficient nutritional value to the food which boost the immune system. This is expected to result in an increasing demand for mushroom fermenter in the near future.

Alongside, the usage of mushroom fermenter in cosmetics industry is on a rise since past few years. Various products including skin care and hair care items such as anti-aging creams, skin whitening lotions, shampoo, conditioner, serum, hair dyes and others are made by using fermented product of mushroom mycelium. This is predicted to result in outperforming sales of mushroom fermenter over the next half decade.

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Furthermore, fermented mushroom is also used in various pharmaceutical products and ayurvedic medicines to fight tumour and various cardiovascular diseases. Comprehending the above-mentioned factors, demand for mushroom fermenter is predicted to escalate at a significant rate over the forecast period (2022-2032).

Key Takeaways from Market Study

• By type, mechanical agitation segment is expected to hold the largest share of mushroom fermenter market by 2032.
• Based on application, the pharmaceutical segment will be the most remunerative in the global mushroom fermenter market during the forecast period.
• North America is expected to dominate the global market, accounting for the largest value share of about 25% in 2022.
• The U.S. is expected to account for around 75% revenue share of North American mushroom fermenter market by the end of 2032.
• Demand for mushroom fermenter to rise at a healthy pace across China during the forecast period.

“The trend of veganism and consumption of healthy foods involving maximum nutritional value is anticipated to drive the mushroom fermenter market growth in the coming half decade”, says a Future Market Insights analyst.

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Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaborations to identify the interest of potential buyers and create a larger customer base.

The presence of various prominent players such as Bioengineering AG, Eppendorf AG, DCI-Biolafitte, Sartorius AG, Infors AG, MARUBISHI I&E (M) SDN. BHD., Tongling Bio, Zhenjiang Ritai, and others have increased the competition in the market. Mushroom fermenter manufacturers are focusing on introducing a wide variety of products in order to increase their consumer base and gain a competitive advantage.

Global Mushroom Fermenter Market by Category

By Type:

• Non-mechanical Agitation
• Mechanical Agitation

By Application:

• Chemical
  • Flavors
  • Fragrances
• Food
  • Nutraceuticals
  • Food Additives
  • Others
• Pharmaceutical
  • Antibiotics
  • Antitumor Agents
  • Cardiovascular Drugs
• Cosmetics and Personal Care
  • Skin Care Products
    • Anti-aging Creams
    • Anti-wrinkle creams
    • Skin whitening lotions
    • Moisturizers
  • Hair Care Products
    • Shampoo
    • Conditioner
    • Serum
    • Hair Dyes
    • Others

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Frequently Asked Questions

• What is Estimated Valuation for mushroom fermenter market in 2022?
• At what rate is the global mushroom fermenter market expected to grow?
• How are market players reacting to the new developments in the mushroom fermenter market?
• How much share does the top 10 companies in the mushroom fermenter market hold?
• Which are the major countries driving demand for mushroom fermenter?

About FMI

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

Contact Us:

Unit No: 1602-006

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Plot No: JLT-PH2-X2A

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The global brilliant blue FCF colors market is projected to reach a valuation of US$ 53.8 Mn in 2022, exhibiting growth at a CAGR of 4.8% during 2022-2032.

Demand for brilliant blue FCF colors is expected to grow at approximately 9,500 metric tons by 2032. Brilliant blue FCF colors are widely used in processed commercial food, thereby providing them with an artificial green color. These are also added to food items to enhance their naturally occurring color, make them attractive, and enable consumers to identify the product from afar.

Brilliant blue FCF color is also called Blue 1. The global brilliant blue FCF market is mainly driven by growing demand for exotic-looking food items with unique flavors and textures. Increasing influence of social media platforms is set to encourage consumers to purchase aesthetically appealing food and beverages.

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Increasing awareness about natural food ingredients among people across the globe may hamper the demand for synthetic brilliant blue FCF colors in the next decade. Rising cases of dye allergies, stringent government norms to control the use of food colors, and shift of consumers towards natural blue spirulina colorants are a few other restraints of the global market.

Key Takeaways: Brilliant Blue FCF Colors Market

• Brilliant blue FCF colors exhibited sales of about 5050 metric tons in 2021 and their demand is expected to reach approximately 9500 metric tons by 2032.
• The North America brilliant blue FCF market is expected to register 4.2% CAGR between 2022 and 2032.
• The Latin America brilliant blue FCF colors market accounted for US$ 7.6 Mn in terms of value and 708 metric tons by volume in 2021.
• The China brilliant blue FCF colors market is anticipated to register 4.9% CAGR between 2022 and 2032 and it recorded sales of US$ 4.05 Mn in 2021.
• The brilliant blue FCF colors market in India is expected to register 6% CAGR during the forecast period of 2022 and 2032.

“Brilliant blue FCF color producers are striving to generate high revenues by partnering up with cereals, cakes, pastries, savory snacks, ice-creams, jellies, and licorice manufacturers. They are also focusing on establishing strategic alliances with regional bakery and candy brands to gain a competitive edge,” says a Future Market Insights analyst.

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Competitive Landscape: Brilliant Blue FCF Colors Market

Some of the prominent players present in the global brilliant blue FCF colors market include Koel Colors, Clariant, BASF, Sensient Colors LLC, Spectra Colors, MIFAR, Sun Chemical (DIC), Daito Kasei Kogyo, Neelikon Food Dyes & Chemicals, Symrise, Sunfoodtech, Dynamic Products Ltd., Sigma-Aldrich Co. LLC., GNT International B.V., GFS Chemicals Inc, and Shanghai Dyestuffs Research Institute Co. Ltd., among others.

Key players are focusing on strengthening their distribution channels to compete with their rivals in the global market. Many regional chemical companies are also aiming to join hands with international players to co-develop innovative products.

More Valuable Insights on Brilliant Blue FCF Colors Market

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

The study offers compelling insights based on form (solid, powder, and granulated), solubility (lakes, and dyes), and application (beverage, bakery, snacks, & cereals, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta, & rice, sauces, soups, & dressings, seasonings, and pet food) across seven major regions of the world.

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Brilliant Blue FCF Colors Market Outlook by Category

By Form:

• Solid
• Powder
• Granulated

By Solubility:

• Lakes
• Dyes

By Application:

• Beverage
• Bakery, Snacks, and Cereals
• Candy/Confectionery
• Dairy
• Fruit Preparations/ Fillings
• Meat, Poultry, Fish, and Eggs
• Potatoes, Pasta, and Rice
• Sauces, Soups, and Dressings
• Seasonings
• Pet Food
• Others

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

Get detailed TOC @ https://www.futuremarketinsights.com/toc/rep-gb-15284

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The global freeze dried pet food market is set to witness growth at a CAGR of 5.3% and is anticipated to reach a valuation of around US$ 27.8 Bn by 2032.

Pet humanization is a key trend driving force in the growth of pet food items purchased by pet owners over the last half-decade. In the freeze dried dog food business, the transition from pet ownership to pet parenting has been critical in defining the trend.

According to the American Pet Products Association (APPA), there will be more than 85 million households with one or more pets in the U.S. in 2022 with the majority of them being dogs. Furthermore, growing attachment between pets and their owners has encouraged consumers to spend more on pet food. Pet owners are more concerned about their pets’ health and are opting for freeze-dried diets. Animals benefit from such diets because they are high in nutrition.

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Currently, pet owners are looking for more than just basic nutrients for their pets; they are also looking for foods that have special health benefits. Furthermore, as pet humanization increases, dog owners are more inclined to spend more on their pets’ food and provide a wider variety of pet meals, including freeze-dried food. As a result of the growing trend of pet humanization, demand for freeze-dried dog food is expected to gain traction over the assessment period.

Key Takeaways:

• Based on pet type, the dog segment is expected to account for over 50% of the total market share over the forecast period.
• In terms of nature, demand for organic freeze-dried pet food is slated to gain traction at a considerable pace.
• Animal derived freeze dried pet food is expected to hold a market share of over 40% in the forecast period
• Sales of freeze-dried pet food in the U.S. will increase at a 3.3% CAGR over the assessment period.
• Demand for freeze-dried pet food in Germany will grow at a 2.7% CAGR through 2032.
• The North America freeze dried pet food market is expected to witness growth at a 5.9% during the forecast period.

“Rising advertising and endorsements by celebrities of pet health is likely to drive up demand and sales of freeze-dried pet food,” says a Future Market Insights analyst.

Competitive Landscape

Leading players operating in the global freeze-dried pet food market are investing in research and development to launch innovative and vegan freeze-dried food options. They are also investing in promotional strategies on social media channels to improve sales.

Some of the key manufacturers are Nature’s Variety, Kelly&Co’s, Ranova, Steve’s Real Food, Primal Pet Foods, TruPet, Wisconsin Freeze Dried, Stewart pet food, Canature Processing Ltd., Bravo, Others

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Explore More Valuable Insights

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

Freeze Dried Pet Food Market by Category

By Pet Type:

• Cat
  • Kitten
  • Senior
• Dog
  • Puppy
  • Adult
  • Senior
• Others

By Nature:

• Organic
• Conventional

By Source:

• Animal Derived
• Plant Derived
• Insect Derived

By Process Type:

• 100% freeze-dried
• Partly freeze-dried

By Sales Channel:

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

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Frequently Asked Questions

• How much is the freeze dried pet food market currently worth?
• What is the anticipated market value of the freeze dried pet food market by 2032 end?
• What is the freeze dried pet food market outlook?
• Which region is expected to drive the demand for freeze dried pet food market?
• Who are the key players operating in the global freeze dried pet food market?

About FMI

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

Contact Us:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

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The global water enhancers market is expected to witness growth at a CAGR of 9.5% from 2022 to 2032 and reach a valuation of US$ 4 Bn by 2032. Increasing shift of consumers towards food and beverages that can improve their overall health is anticipated to push the market.

Manufacturers are consistently developing innumerable fortified foods and functional beverages to fulfill consumer demand for healthy products. Water enhancers are formulations that are added to the water to enhance its flavor and nutritional content.

These enhancers are being increasingly consumed by sports athletes and gym enthusiasts. They have gained immense popularity as novel enhancers can eliminate the time required to prepare a drink from scratch. They are also easy to carry and can be stored for a longer period of time.

Health and label-conscious consumers often check the source of ingredients that are used to make the final product. As a result, retailers are mentioning nutrient contents on the packaging of their products to remain transparent.

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Reputed brands are offering water enhancers that are keto-friendly, gluten-free, vegan, non-dairy, and low-carb. As these products cater to a wide range of consumer requirements, demand for water enhancers is expected to surge in the upcoming decade.

Water enhancers are expected to help consumers increase their daily water intake to meet the prescribed levels for maintaining good health and building a strong immunity against foreign pathogens. Water intake varies according to age, gender, activity level, lifestyle, and overall health condition.

As consumers are adopting healthy lifestyles, demand for natural water enhancers that are rich in minerals, vitamins, amino acids, and herbs is expected to increase in the evaluation period. Surging spending capacity and changing lifestyles of consumers, especially in North America, Europe, and Asia is also expected to drive the market during the assessment period.

Key Takeaways: Water Enhancers Market

• The North America and Latin America water enhancers markets are expected to exhibit growth at CAGRs of 8.2% and 8.1%, respectively, through 2032.
• North America is set to account for 50% of the water enhancers market share during the assessment period.
• The Europe water enhancers market is projected to reach US$ 352 Mn in 2032.
• The India water enhancers market is estimated to create an absolute $ opportunity of US$ 136 Mn in 2022.
• By active ingredients, the sweeteners segment is likely to hold the highest market share and grow at a CAGR of 8.5% by 2032.

 “Rising awareness about the consumption of nutrient-rich food and beverages is expected to propel the demand for water enhancers globally. Key companies are investing in the development of sugar-free, vegan, and non-carbonated beverages to provide nutrition to consumers,” says a Future Market Insights analyst.

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Competitive Landscape: Water Enhancers Market

Key manufacturers operating in the water enhancers market are focusing on research & development activities to offer various flavored products. They are also collaborating with start-up firms and developing new product lines to enter the untapped areas.

For instance,

• In July 2020, Kraft Foods, a leading food manufacturing and processing conglomerate based in the U.S., introduced its latest Mio Liquid Water Enhancer. The product not only helps a person in achieving their quota of drinking but also enhances taste. It is available in dozens of flavors, including Lemonade, Berry, Pomegranate, Tangerine, Orange, and Black Cherry. It will help consumers to drink more water without the addition of sugar or soda.

More Valuable Insights on Water Enhancers Market

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

Water Enhancers Market Outlook by Category

By Active Ingredients:

• Sweeteners
• Vitamins
• Electrolytes
• Anti-oxidants

By Sales Channel:

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

By Region:

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

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Frequently Asked Questions

• How much is the global water enhancers market worth?
• What will be the global water enhancers market size by 2032?
• At what CAGR did the global water enhancers market grow in the historical period?
• At what rate will the demand for water enhancers grow in Europe?
• What is the North America water enhancers market outlook?

About FMI

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

Contact:

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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[188 Pages Report] Increasing cases of CKD diseases are expected to contribute to the growth of the Bioimpedance devices market throughout the forecast period. Chronic kidney disease (CKD) is a medical condition that can be characterized by gradual loss of kidney function over time. As per the National Kidney Foundation, Inc., 30 million American adults have Chronic Kidney Disease and millions of others are at high risk of developing CKD.

In its new market study, Future Market Insights (FMI) estimates global cell culture media bags market will register impressive growth between 2020 and 2030, progressing at a stellar CAGR of 10.8%. Furthermore, the study projects that the market will surge past a global valuation of US$ 2.67 Bn by 2030. The report attributes the growth of the market to soaring demand for disposable packaging solutions in life sciences R&D activities and manufacturing of biopharmaceuticals.

Moreover, the emergence of innovative techniques such as four-layered films, which provide exceptional oxygen and moisture barrier properties, is also expected to boost demand.

Having analyzed the impact of the COVID-19 pandemic, the report opines that increasing health concerns and high emphasis on biopharmaceutical research will augur well for market growth during the assessment period.

COVID-19 Impact

The outbreak of COVID-19 is expected to positively influence the demand for cell culture media bags as players operating in the healthcare and pharmaceutical sectors emphasize on high quality and safe packaging and storing solutions. Moreover, an upsurge in the number of studies and researches during the pandemic to develop a vaccine is, in turn, propelling demand for cell culture media bags.

Likewise, the need for disposable and single-use solutions for applications such as large-scale purification, cell storage, protein purification, and polishing applications in the biopharmaceutical market will continue to offer remunerative opportunities to market players through the pandemic period.

List Of Key Players Covered in Cell Culture Media Bags Market are:

• Parker Hannifin Corp
• Pall Corporation
• Sartorius AG
• Thermo Fisher Scientific Inc.
• GE Healthcare Inc.

Competitive Landscape:

In this fast-growing industry, partnerships and collaborations, product launches, expansions, and other strategies have been used to gain a major piece of the cell culture media bags market.

To meet the increased demand for bioprocess manufacturing activities, market participants are concentrating on up-scaling media bag production. In addition, producers are tackling problems and improved features of bags such as four-layered films that provide stronger oxygen and moisture barriers to the properties.

In this vein, Thermo Fisher Scientific released the CEDIA Mitragynine (Kratom) Assay, a novel immunoassay for kratom alkaloid mitragynine screening designed specifically for criminal justice and forensic purposes.Throughout the projection period, continuous product innovations will continue to define the competitive landscape of the market. Furthermore, industry participants are concentrating their efforts on producing products for specific end uses.

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Key Takeaways

• 2D bag designs are expected to account for over half of the market value, owing to their high flexibility
• Very large bags (>3000 ml) will remain the most sought out size, owing to low contamination properties
• By host cell, the bacterial cell segment is projected to account for the majority of market value, ascribed to an increasing number of studies on diseases caused by bacteria.
• Biopharmaceutical manufacturing will remain a key end-use segment, capturing over 2/3rds of market value through the forecast period.
• US will remain the largest market for cell culture media bags globally.

“Market players are investing in new product innovation and are focusing on procuring FDA approvals to facilitate wide-scale deployment,” remarks FMI analyst.

Who is Winning?

Cell culture media bags manufacturers are focusing on developing solutions that address the key challenges such as recycling of multilayer flexible packaging consisting of plastic and barrier materials. Moreover, new product development and strategic partnerships have been identified as key growth strategies adopted by market players.

• In April 2019, Thermo Fisher Scientific launched a new immunoassay – CEDIA Mitragynine (Kratom) Assay – for kratom alkaloid mitragynine screening solely for criminal justice and forensic applications.
• In August, 2015, Rim Bio partnered with Playmouth based Sentrol for sales and distribution of its single-use bio containers across the United States.

FMI’s report includes profiles of some of the most prominent names in the market including Parker Hannifin Corp, Pall Corporation, Sartorious AG, Thermo Fisher Scientific Inc., and GE Healthcare Inc.

Key Segments:

Cell Culture Media Bags Market by Bag Size:

• Very Small Bags (< 150 ml)
• Small Bags (151 – 500 ml)
• Medium Sized Bags (501 – 1000 ml)
• Large Bags (1001- 3000 ml)
• Very Large Bags (>3000 ml)

 Cell Culture Media Bags Market by Application:

• Storage
• Mixing
• Processing
• Gas Exchanges
• Heat Transfer
• Turbidity
• Flow Rate Monitoring
• Pressure
• Viscosity

 Cell Culture Media Bags Market by Host Cell:

• Mesenchymal Cells
• Plant Cells
• Insect Cells
• Bacteria Cells
• Yeast Cells
• Chinese Hamster Ovary
• Baby Hamster Kidney

Cell Culture Media Bags Market by Bag Design:

• 2D Cell Culture Media Bags
• 3D Cell Culture Media Bags

Cell Culture Media Bags Market by End Use:

• Life Science R&D
• Biopharmaceutical Manufacturers

Cell Culture Media Bags Market by Region:

• North America Cell Culture Media Bags Market
• Latin America Cell Culture Media Bags Market
• Europe Cell Culture Media Bags Market
• East Asia Cell Culture Media Bags Market
• South Asia & Pacific Cell Culture Media Bags Market
• Middle East & Africa (MEA) Cell Culture Media Bags Market

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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.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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