Mobile Tracking Solution Market 2022 Current and Future Demand, Analysis, Growth and Forecast By 2032

The demand for mobile tracking solutions is expected to grow dramatically between 2022 and 2032, with a CAGR of over 20.0%, reaching a valuation of about US$ 322 billion. Increased demand across a number of end use verticals, such as shipping & container tracking and military asset tracking, is credited with growth.

Mobile tracking is the process of employing various tools, often known as mobile tracking solutions, to determine the whereabouts of a mobile or any other thing remotely. For a real-time update on the location of mobile assets, these solutions use GPS or radio signals.

Due to their capacity to locate mobile assets, mobile tracking solutions have seen significant growth across a range of industries. They are used in many different industries, including tracking medical equipment, mobile industrial generators, construction equipment, military equipment, wildlife and conservation, shipping & container tracking, etc.

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Historically, firms tracked their assets using a variety of manual techniques. However, these procedures took more time, and errors were frequent. People thus began exploring for other tracking techniques. This opened the door for the creation of cutting-edge mobile tracking technologies.

To ensure effective mobile tracking, various devices like GPS and RFID tags are being affixed to machinery and assets. Asset tracking has become simpler and quicker thanks to the introduction of these contemporary solutions, which have also enabled businesses to save time and money.

The market for mobile tracking solutions is experiencing profitable growth prospects due to the increasing digitalization of key sectors. Mobile monitoring technologies are finding increasing appeal in sectors including healthcare and transportation & logistics. These sectors rely on cutting-edge tracking technologies to keep an eye on their assets and recover stolen goods.

Due to the increasing use of smartphones, the existence of key end use industries, and the expanding use of mobile tracking solutions in the automobile industry, China and the U.S. are emerging as the top leading markets for mobile tracking solutions.

Which Key Factors Are Fueling the Market for Mobile Tracking Solutions?

The market for mobile tracking solutions has been revitalised by the increasing adoption of internet of things (IoT) devices worldwide. These tools are being used more often in a variety of industries, including industrial, healthcare, and domestic use. They have tracking devices that enable operators and corporations to continuously monitor their goods and services.

Utilizing mobile tracking solutions reduces the possibility of losing assets and, as a result, saves time. They are now an essential component of contemporary tracking systems.

Additionally, during the forecast period, the market for mobile tracking solutions is expected to grow strongly due to the rising popularity of connected cars.

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What problems does the market for mobile tracking solutions face?

Mobile tracking solutions are still only used in a few select areas, despite their alluring advantages. The lack of connectivity infrastructure in many developing and underdeveloped areas is posing a significant barrier to the market expansion for mobile tracking solutions.

In addition, the market growth is being severely constrained by the high costs of mobile tracking solutions and the potential risk of cyberattacks.

What makes the North American market for mobile tracking solutions so important?

The most lucrative market for mobile tracking solutions has emerged to be North America, and this pattern is likely to persist in the future. Increased use of connected devices, quick industrialization, and the presence of major market players all contribute to the market’s growth.

To boost productivity and save time, the majority of North American industries are adopting cutting-edge technologies like mobile tracking solutions. Sales of mobile tracking solutions are being strongly boosted as a result throughout the region.

How does Europe affect the market for mobile tracking solutions?

Europe is anticipated to overtake North America as the second-most lucrative market for mobile tracking solutions, according to Future Market Insights. Growing digitalization in the area is opening up opportunities for mobile tracking solutions.

Due to the growing adoption of digital devices with sophisticated tracking systems and rising consumer awareness of these devices’ advantages, nations like the U.K. and Germany are experiencing high demand for mobile tracking solutions.

Market Competition

Some of the key participants present in the global mobile tracking solutions market include Wasp Barcode Technologies., Mobile Asset Solutions., Barcodes, Inc., Wavetrend Ltd., ORBCOMM Inc., Verizon, Spireon, Inc., NFC Group, Vix Technology, and Libelium Comunicaciones Distribuidas S.L among others.

Rising penetration of new entrants has made the market competition fiercer. In order to capitalize, market players are constantly introducing innovative solutions with advanced features.

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Key Segments Profiled in the Mobile Tracking Solution Industry Survey

Technology:

  • RFID tags
  • GPS
  • Other technology

Vertical:

  • Public sector
  • Healthcare sector
  • Banking financial services and insurance (BFSI) sector
  • Transport and logistics sector
  • Retail sector
  • Commercial sector
  • Industrial sector
  • Energy & utility sector

Region:

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

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LED Driver IC Market Assessment and Key Insights Analyzed Till 2028 | Report by FMI

Electronic technology has advanced dramatically during the last two decades. A wide range of active display drivers are used in today’s electronic displays (a driver is basically a semiconductor integrated circuit). Due to the increasing demand for LED lights, low power consumption electronic goods, and touch-enabled screens in consumer electronics and devices, the LED driver IC market is one of the fastest growing markets.

Furthermore, the growing use of energy-efficient lighting systems in homes, as well as outdoor and traffic lighting, is propelling the LED driver IC market forward. Global need for electronic devices, combined with energy-efficient lighting solutions, are important growth drivers for the LED driver IC industry.

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Furthermore, the global LED driver IC market is benefitted from the rising sales of LED TVs and LED lighting systems in developing and developed economies. An LED driver IC is an essential component of electronic devices and lightning systems. In addition to this, the increasing number of smartphones on a global scale is the key growth factor of the LED driver IC market.

LED Driver IC Market: Drivers and Challenges

The major growth drivers of the LED Driver IC market include the rise in the demand for energy-efficient electronic products, growing demand for high power density, and increase in various industrial applications. Furthermore, the increasing demand for energy-efficient lighting and high-quality picture images, coupled with several energy-saving government initiatives taken to ban conventional halogen bulbs are expected to propel the growth of the global LED driver IC market during the forecast period.

In addition, the increase in usage of consumer electronic devices is projected to drive the growth of the LED driver IC market, globally. Major challenges of the LED driver IC market are higher costs and thickness of device displays in comparison to other modules.

The LED driver IC market is expected to experience a shrink and fluctuation in growth rates because of the higher number of tracks that are required in case of an LED driver IC in comparison to other types of modules. In addition to this, worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which are hindering the growth of the LED driver IC market.

The consumer electronics sub-segment is expected to experience high growth in the global LED driver IC market, due to the increasing demand for energy-efficient consumer electronic goods. Moreover, with the rising deployment of LED driver ICs in autonomous vehicles, the automotive sub-segment is expected to experience a high CAGR in the global LED driver IC market.

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Competition Landscape

Key Players

Some of the major players in global LED driver IC market include Samsung Electronics Co., Ltd., LG Display Co., Ltd., Analog Devices, ON Semiconductor, Toshiba Corporation, Texas Instruments, Inc., Seiko Epson Corporation, SEOUL Semiconductors, Renesas electronic corporation, Western digital, Mitsubishi Electric Corporation, and other manufacturers of LED driver ICs.

Regional Overview

Presently, the LED driver IC market in North America has shown significant growth rate, due to increasing advancements in public infrastructure. Due to the growing demand for energy-efficient electronic devices, coupled with technological advancements in the region, the LED driver IC market in North America is projected to experience a high growth CAGR. Asia Pacific (APEC) is holding the largest market share in the LED driver IC market, due the increasing demand from various industries and government initiatives taken to ban conventional halogen bulbs.

Moreover, Europe is the fastest growing market for LED driver ICs, due to an increase in the usageof consumer electronics devices. The demand for LED driver ICs has risen dramatically over the past 12 months, globally. The use of LED instruments in various industries in these regions are pushing the growth of the LED driver IC market.

The report covers exhaust analysis on

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

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

LED Driver IC Market: Segmentation

The global LED driver IC market can be segmented as:

LED Driver IC Market Segmentation by Product Type:

  • Buck-Boost LED Driver ICs
  • Current Sink LED Driver ICs
  • Inductorless (Charge Pump) LED Driver ICs
  • Step-down (Buck) LED Driver ICs
  • Others

LED Driver IC Market Segmentation by Application:

  • Consumer Electronics
  • Healthcare
  • IT & ITES
  • Automotive
  • Telecommunication
  • Government
  • Other

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Exam Management Software Market Insights, Deep Analysis of Key Vendor in the Industry 2028

The digital revolution has mostly eliminated paperwork. Every sector throughout the world is transitioning to a digital environment with less paperwork, which reduces the complexity of dealing with crucial documents and saves time. Digitalization has paved the way for the creation of software that can administer exams online.

A solution called as ‘exam management software’ has been developed to manage the complete online test procedure. This programme significantly automates and streamlines the entire exam planning and execution process. It can be utilised in any industry and for any purpose, including school exams and company admission exams. One of the major factors driving its adoption is the software system’s ability to allow users to customise the exam to their specific needs.

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The key market trends observed are an increase in cloud integration, innovation in assessment techniques, and the development of interactive examination techniques. Market vendors are focusing their efforts on developing software modules that will allow students to take exams at any location and provide an impartial method of grading, thereby improving the examination and grading process.

Drivers and Restrictions in the Exam Management Software Market

Exam management software simplifies and eliminates the need for paper in the examination process. It automates the entire process, from creating the exam paper to determining grading standards and assigning invigilators. The exam management software industry is expanding due to the program’s efficiency and automation benefits.

The exam management software is dependent on fast internet, which limits its usability among users in developing nations. Exam papers may potentially be leaked if the programme is vulnerable to fraud and security breaches. Such factors impede the development of exam management software.

Exam Management Software market: Competitive Landscape

Some of the key players in the market are Deskera, MasterSoft Group Pty Ltd., Scientia Ltd., Capterra, Inc., Mindlogicx, Edbase, ExamSoft E.I., QuizCV, Prporofs and Advanta.

Regional Overview

North America is expected to be the largest region for the exam management software market. A majority of exam management software vendors such as Prporofs and Capterra are based in North America. This can be attributed to the high adoption of advanced technology by companies in the region. The markets in Europe and SEA and other APAC regions are also expected to witness growth over the forecast period.

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

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The report covers exhaust analysis on

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Exam Management Software Market: Segmentation

Segmentation based on the End-Users of Exam Management Software in the Market:

  • Education
  • Healthcare
  • Hospitality
  • IT and Telecommunication
  • BFSI
  • Others

Segmentation based on the Type of Exam Management Software in the Market:

  • School exam management software
  • College exam management software
  • Recruitment entrance exam management software

Segmentation based on the Deployment of Exam Management Software in the Market:

  • On-premise
  • Cloud
  • Public Cloud
  • Private Cloud

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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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Hyaluronic Acid Market Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2032

According to Future Market Insights (FMI), the global hyaluronic acid market is set to witness growth at a CAGR of 6.4% and is anticipated to reach a valuation of around US$ 16.4 Bn by 2032.

Growth in the market is attributed to rising demand for nutritional supplements and healthy food products. Hence, key manufacturers are increasingly using fortified agents such as hyaluronic acid in their products to capitalize on the growing demand.

As consumers are becoming more aware of the benefits of hyaluronic acid, application in dietary supplements with fortified nutrients for general human body development is expected to drive the growth.

Hyaluronic acid is a naturally occurring chemical that can be found in the cells of the human body. The largest concentrations of hyaluronic acid are found in the fluids of the eyes and joints.

Hence, demand for hyaluronic acid in cosmetics and pharmaceutical industries is expected to rise over the assessment period. This is due to its moisturizing characteristics and nutrition to hydrate and plump the skin.

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Key Takeaways from Market Study

  • Based on grade, the pharmaceuticals segment is anticipated to account for around 33.2% of the market share over the forecast period.
  • North America hyaluronic acid market is expected to witness a lucrative growth rate of 7.0% CAGR during the forecast period.
  • East Asia is expected to account for 25.6% in the global hyaluronic acid market through 2032.
  • In terms of end-use, the food industry is expected to hold a market share of over 15.2% over the forecast period

“Manufacturers are developing hyaluronic acid-based supplements and injectable in response to the rising incidence of osteoporosis and rheumatoid arthritis. As a result of growing prevalence of bone and joint problems, the market for hyaluronic acid is expected to increase significantly during the forecast period.” says a Future Market Insights analyst.

Competitive Landscape

Market participants are always pursuing joint ventures, mergers and acquisitions, and other strategic efforts. Archer Daniels Midland Company and Royal DSM are two significant companies attempting to expand their global footprints and capacities.

Leading corporations in fast-growing regions such as East Asia and South Asia are also striving to broaden their product lines in order to get a competitive advantage.

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Explore More Valuable Insights

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

The study offers compelling insights based on grade (cosmetics industry, pharmaceutical industry, dietary supplements), end-use (pharmaceutical industry, dermatology clinics & cosmetic surgery centers, food industry, personal care) across seven major regions of the world.

Hyaluronic Acid Market by Category

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Dietary Grade

By End-Use:

  • Pharmaceutical Industry
  • Dermatology Clinics & Cosmetic Surgery Centers
  • Food Industry
  • Personal Care

By Region:

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

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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 about the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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. Product Life Cycle Analysis

    3.5. Value Chain Analysis

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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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Food Blue 5 Market to depict appreciable growth prospects over 2022-2032

As per Future Market Insights’ latest industry analysis, the global food blue 5 market is set to witness growth at a CAGR of 2.9% and top a market valuation of US$ 14.7 Mn by 2032. Synthetic food colors such as the food blue 5 are widely used by food processing industry, unlike natural food colors.

Food blue 5 is also called Patent Blue V, L-Blau 3, C-Blau 20, Patentblau V, Sulphan Blue, Acid Blue 3, and Food Sky Blue. The global food blue 5 market is dominated by Brazil, Germany, and China, collectively, accounting for more than 32% of the demand share.

Further, rising application of food blue 5 in ready-to-eat packaged food and beverage products is propelling the demand in the market. Also, the food colors market is improving by the growing hype around unique-looking food dishes, innovative altering tastes, and food appeal preferences.

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Key Takeaways from Market Study

  • In Europe, the demand for food blue 5 is expected to grow at 3.4% CAGR between 2022 and 2032.
  • North America Allura Red AC food colors market is upheld by Mexico as the color is banned in the U.S. and Canada as food additive.
  • Germany food blue 5 market is expected to reach a valuation of US$ 1.1 Mn and expected to grow at a CAGR of 1.9% over the assessment period.
  • In terms of application, the breading and coating segment in food blue 5 market will record sales of US$ 117,600 in 2022.

“Companies operating in food blue 5 would gain significantly by exploring developing economies and establishing strategic alliances with regional food and beverage brands which still have low capital investments.,” says a Future Market Insights analyst.

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Food Blue 5 Market by Category

By Form:

  • Dyes
  • Lakes

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

By Region:

  • Global
  • North America
  • Latin America
  • Europe, the Middle East and Africa, and India
  • Asia Pacific

Competitive Landscape

Food blue 5 producers are adopting approaches like penetrating into emerging economies, funding research for safety checks, and establishing trade agreements with regional food processing industries.

These manufacturing corporations have been remaking the product to attract end-user industries and consumers. The market for food blue 5 is consolidated, hence, firms are focusing on better distribution channels like e-commerce to gain a competitive edge.

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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. Product Life Cycle Analysis

3.5. Value Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. % of Operating Margin Analysis

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Global Food Blue 5Market- Pricing Analysis

3.6.1. Price Point Assessment by Region

3.6.2. Price Point Assessment by Product Type

3.6.3. Price Forecast till 2032

3.6.4. Factors affecting Pricing

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.

Contact Us:

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Organic Pet Food Market Emerging Players May Yields New Opportunities 2022-2032

The global organic pet food market is set to witness growth at a CAGR of 7.4and top a valuation of US$ 4.0 Billion by 2032. As consumers desire new foods, snacks, and dining experiences with great taste along with long-term health benefits for them, pet owners also have similar expectations for their pets’ treats and foods. As a result, pet food companies have begun to market to the niches like organic pet foods.

Consumers are convinced that raw organic foods are the best for their pets as processing may destroy both nutrients and enzymes. They are also focused on freeze-dried pieces and special kibbles of organic pet food category, which is influencing the organic pet food manufacturers to come up with clean labelled organic pet food, human-grade organic pet food, keto diet-focused organic pet food like sustainable food sources.

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Dog as pet type, adult pet life-stage, medium pet size, raw packaged items, flavoured products, and online retail sales channel segments are the most lucrative segments in the global organic pet food market.

“Increasing awareness regarding digestive issues in pets due to harmful effects of processed pet food products, along with high demand for flavorful pet food products across emerging economies will boost the market over the assessment period,” says and FMI analyst.

Key Takeaways

  • Based on pet-life stage, sales of adult organic pet food are forecast to gain traction through 2032.
  • The global organic pet food demand is projected to grow year-on-year (Y-o-Y) by 5.7% in 2022.
  • The U.S. is expected to dominate the North America organic pet food market over the assessment period.
  • Germany will emerge as a lucrative pocket in the Europe organic pet food market through 2032.
  • China is expected to account for a lion’s share in the East Asia organic pet food market over the forecast period.

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Competitive Landscape

Purina PetCare (Nestle), Biopet Pet Care Pty Ltd, Evanger’s Dog & Cat Food Company, Inc., Newman’s Own, Inc., and Castor & Pollux Natural Pet works are some of the leading organic pet food manufacturers.

Key organic pet food brands are conducting several research activities and are looking for strategic partnerships, while other brands are focusing on developing applications in the food sector to launch high quality food and beverage solutions. For instance:

  • In 2020, Primal Pet announced to rebrand its Mixes line in pet food category as Market Mix Raw Toppers. The products are organic with organically sourced from animal protein, bone, and organ (85%) and organic fruits and vegetables (15%).

Explore More Valuable Insights

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

The study offers compelling insights based on pet type (dog, cat, fish, bird, and others), pet life-stage (adult, kitten/ puppy, and others), pet size (small, medium, large, and others), packaging type (raw, powdered, dry & dehydrated, liquid & gravy, canned, frozen & freeze-dried, and others), flavor (unflavoured and flavoured), and sales channel (hypermarkets /supermarkets, convenience stores, discount stores, online retail, and others retail formats), across seven major regions of the world.

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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. The Massive Impact of the Crisis

    3.1. Global Organic Pet Food Market Forecast Scenario Comparison of Annual Growth Rates for Short Term (2022-2025) and Long Term (2026-2032)

    3.2. Key Factors Impacting the Market

    3.3. Note: Market Assessment shall be provided for Likely Scenario

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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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Cannabis Drinks Market – Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2032

The global cannabis drinks market is set to witness growth at a CAGR of 37.3% and top a valuation of US$ 8.3 Bn by 2032. Various health benefits, such as improved sleep patterns, weight loss, depression and anxiety reduction, blood pressure regulation, and others, are predicted to fuel global cannabis drinks growth over the forecast period (2022-2032).

Furthermore, demand for cannabis drinks is predicted to rise as the use of cannabis for neurological illnesses, epilepsy, cancer, and pain management grows. Similarly, the legalization of recreational or medicinal cannabis had a positive impact on the industry.

Hence, several leading companies operating in cannabis drinks market has expanded substantially, enhancing the variety and quantity of products available to end-users. This is expected to increase the demand for cannabis drinks by more than 20x through 2022 & beyond.

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Key Takeaways from Market Study

  • The cannabis drinks market is worth of US$ 0.4 Bn sales in 2022 and expand at CAGR of 3% between 2022 and 2032.
  • Global cannabis drinks demand is projected to grow year-on-year (Y-o-Y) growth of 2% in 2022.
  • India is expected to be the most lucrative cannabis market in South Asia over the assessment period.
  • In terms of product type, the alcoholic cannabis infused drinks segment is expected to record the highest CAGR during the forecast period.

“Cannabis drinks sales are increasing from regulated dispensaries, creating a multitude of options for specialized retailers to present appetizing and creative drinks, which are infused with active cannabis. In addition to that, distribution channels, which are allowed to serve cannabis drinks as the go-to-place for cannabis-based edibles, are likely to gain momentum in the upcoming decade,” says a Future Market Insights analyst.

Competitive Landscape

Key cannabis drinks brands are conducting several researches and looking for new strategic partnerships, while key business brands are focusing on developing the applications in food industry to generate high quality food and beverage solutions. Top players are focusing on new formulations and product innovations to gain market share and attract more customers towards the product.

  • In December 2018, Ceria Grainwave, a THC infused non-alcoholic beer made its debut on dispensary shelves.
  • In 2017, the 3rd largest beer manufacturer in the US, Constellation Brands, announced to a partnership with the largest marijuana grower in the world, Canopy Growth to develop cannabis drinks.

Explore More Valuable Insights

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

The study offers compelling insights based on product type (alcoholic cannabis infused drinks and non-alcoholic cannabis infused drinks), component (tetrahydrocannabinol or THC infused drinks and cannabidiol or CBD infused drinks), flavor (unflavoured and flavoured), and sales channel (B2B / HoReCa and B2C), across seven major regions of the world.

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Cannabis Drinks Market by Category

By Product Type, Cannabis Drinks Market is Segmented as:

  • Alcoholic Cannabis Infused Drinks
    • Cannabis Infused Wine
    • Cannabis Infused Beer
    • Other Cannabis Infused Spirits
  • Non-Alcoholic Cannabis Infused Drinks
    • Cannabis Infused Water
    • Cannabis Infused Coffee
    • Cannabis Infused Tea
    • Cannabis Infused Juice
    • Other Cannabis Infused Functional Drinks

By Component, Cannabis Drinks Market is Segmented as:

  • Tetrahydrocannabinol (THC) Infused Drinks
  • Cannabidiol (CBD) Infused Drinks

By Flavor, Cannabis Drinks Market is Segmented as:

  • Unflavoured
  • Flavoured
    • Fruit
    • Apple Cider
    • Black Tea
    • Butter
    • Cappuccino
    • Caramel
    • Cheese
    • Lemon
    • Others

By Sales Channel, Cannabis Drinks Market is Segmented as:

  • B2B / HoReCa
  • B2C
    • Hypermarkets /Supermarkets
    • Food Specialty Stores
    • Online Retail
    • Others Retail Formats

By Region, Cannabis Drinks Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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Frequently Asked Questions

  • How much worth is the cannabis drinks industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of cannabis drinks over the past half-decade?
  • What will be the market for cannabis drinks worth in 2032?
  • Who are the key players operating in the market?
  • What are the key factors affecting the cannabis drinks 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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Rice Cakes Market Size, Share Production & Consumption Analysis With Forecast To 2032

The global rice cakes market is anticipated to record a highest CAGR of 4.2% during the forecast period 2022-2032, from US$ 521.3 Mn in 2022 to reach a valuation of US$ 786.6 Mn by 2032.

Rice cake is a food product made from rice that is shaped or condensed or combined into a single object, which is being used as a healthy snack that is keeping the consumers away from unhealthy products such as chips, fries, and others. Evolution of rice cakes took place in Southeast Asia and are prepared from rice grains such as bran, germ, and endosperm.

It can also be used as a base for other ingredients. Rice cakes are available in different flavors such as chocolate, apple cinnamon, chicken, caramel, and others. The production of rice cakes is based on the explosive characteristics of rice like popcorn when heat and pressure are applied.

There are different varieties of rice cakes available in the market, each of these variety possess some nutritional features beneficial for consumers. Rice cakes are produced from brown rice and have high fiber content. Rice cakes do not contain any sodium and fat, it provides long-lasting energy as they are not digested fast, and rice cake also contains magnesium, manganese, tryptophan, and selenium.

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Despite having low-calorie content, rice cakes are not suitable for weight loss as it is a kind of carbohydrate having a high glycemic index which raises the blood sugar level very fast but its benefits can be fully utilized if used as a substitute for junk foods such as chips, pastries, fries, and others.

Though grains have high nutrient content it is difficult for consumers with celiac disease to consume grains because it may contain gluten which can promote symptoms including bloating, diarrhea and abdominal pains. All these nutritional qualifications of rice cakes drive the global rice cake market.

High glycemic nature of rice cakes could lead to cancer, diabetes, irreversible diabetes and can cause cardiovascular disease. Rice cakes are unsuitable for babies as it contains a high level of arsenic which is linked to health problems including cancer.

Market Segmentation

The rice cake market is segmented on the basis of product type, flavors, raw material, distribution channel and packaging type. On the basis of product type, rice cake market can be segmented as mochi (Japanese rice cakes), Puffed rice cakes (North American rice cakes) and others. On the basis of flavor type, rice cake market can be segmented as chocolate, apple cinnamon, chicken, caramel, and others.

On the basis of raw material, rice cake market can be segmented into white rice and brown rice. Mainly maximum production of rice cake takes place with the help of brown rice. On the basis of distribution channel, rice cake market can be segmented into modern trade, specialty stores, convenience store, online stores and other retail stores.

On the basis of packaging type rice cake market can be segmented into pillow pouches, stick packs, snack-sized portion bags and others. These innovative packaging types do attract the kids for opting the product of that particular brand.

Market Regional Outlook

The regional segment for the market of Rice Cake is divided into seven different regions: Western Europe, North America, Eastern Europe, Latin America, APEJ, Middle East & Africa and Japan. Rice cakes are traditional in APEJ and Japan, including China, India, Vietnam, Korea, Malaysia, and others. North America rice cake market is also witnessing growth with the innovations in the varieties of rice cake.

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Key Players

Some of the key players in the rice cake market includes Quaker Oats Company, Mars Incorporated, Element Snacks, Inc., Lundberg, Tastemorr Snacks, RACIO, s.r.o. and Sanorice.

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

Key Segments Profiled in the Rice Cakes Market Survey

By Type:

  • Mochi
  • Puffed Rice Cakes

By Flavour:

  • Chocolate
  • Apple Cinnamon
  • Caramel
  • Chicken

By Packaging:

  • Pillow Pouches
  • Stick Packs
  • Snack-Sized

By Distribution Channel:

  • Specialty Stores
  • Convenience Stores
  • Retail
  • E-Commerce

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • The Asia-Pacific
  • Japan
  • The Middle East and Africa

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Frequently Asked Questions

  • How much CAGR can be estimated for the Rice Cakes Market?
  • What is the Leading Regional Market of Rice Cakes?
  • What is the Growth Outlook for Rice Cakes 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.

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Digital Rights Management Market : Notable Developments & Geographical Outlook 2022 to 2032

The global digital rights management market is expected to garner US$ 17.8 Billion, exhibiting a CAGR of 13.5% during the forecast period from 2022-2032. The market is valued at US$ 5 Billion in 2022, against US$ 4.4 Billion in 2021. The growth of the market can be attributed to the rising demand for copyright protection among corporates to safeguard their content.

Also, with rapid growth in the usage of PCs and laptops, there have been various incidences of hacking that interfere with government and corporate networks to gain access to confidential details. With the increasing penetration of digital devices, data volume has increased significantly, thus, expanding the market size in the forecast period.

Also, the growing popularity of the BYOD trend among corporates has provided the impetus to the market expansion, offering various opportunities for real-time access to business information with a flexible work culture.

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In addition, with the increasing demand for OTT content, the market is likely to witness notable opportunities for expansion in the assessment period. The increasing popularity of OTT platforms like Netflix, Hulu, Amazon Prime, and Disney Plus among others is predicted to positively influence the market. On the contrary, additional overhead costs and associated complexities with DRM are likely to hinder the market growth in the coming time.

However, with continuous developments in data security like up-gradation to end-to-end encryption are expected to counter the negative factors and support the market expansion in the coming years.

Key Takeaways from the Market Study:

  • The global digital rights management market to value US$ 17.8 Billion from 2022-2032
  • The global digital rights management market to witness a 13.5% growth rate from 2022-2032
  • The software segment, by component, to expand at 9.8% CAGR from 2022-2032
  • The On-premise segment, by deployment, to exhibit a 6.7% growth rate by 2032
  • The U.S market to expand at 9.8% CAGR and garner US$ 3.1 Billion by 2032
  • Market in China to procure USD 90 Mn from 2022-2032
  • Indian market to secure US$ 500 Million during the forecast period

Competition Analysis 

Key players in the global digital rights management market include Adobe Systems Incorporated, Apple Inc., Conax AS, Dell EMC, and Fasoo.com Inc., among others. Recent key developments among players include:

  • In January 2020, Seclore, a data-centric security platform in the U.S, rolled out Seclore for O365. Organizations are using digital right management technologies to secure sensitive data information.
  • In February 2021, RAIR Technologies announced a decentralized digital rights management platform. It was built to power digital scarcity for creators.

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More Valuable Insights

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

Key Segments Covered In The Digital Right Management Industry Report

Digital Rights Management by Component:

  • Digital Rights Management Software
  • Digital Rights Management Services

Digital Rights Management by Deployment Type:

  • On-Premise Digital Rights Management
  • Cloud-Based Digital Rights Management

Digital Rights Management by End Use Industry:

  • Digital Rights Management for Healthcare
  • Digital Rights Management for BFSI
  • Digital Rights Management for Government
  • Digital Rights Management for Media and Entertainment
  • Digital Rights Management for Retail
  • Digital Rights Management for Other End Use Industries

Digital Rights Management by Region:

  • North America Digital Rights Management Market
  • Europe Digital Rights Management Market
  • Asia-Pacific Digital Rights Management Market
  • Middle East & Africa Digital Rights Management Market
  • South America Digital Rights Management Market

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About Us

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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Accounts Payable Automation Market 2022 Comprehensive Shares, Historical Trends And Forecast By 2032

The global market for accounts payable automation is calculated at US$ 2.6 Bn in 2022 and is projected to reach US$ 6.7 Bn by 2032. The market is expected to reach a CAGR of 10% during the forecast period from 2022 to 2032. Companies are experiencing the biggest boom in the adoption of software enhanced with machine learning and artificial intelligence (AI) across various industries.

An advanced invoice software system reduces the amount of manual work required for complex matching tasks, allowing them to be conducted with greater reliability. Intelligent software also simplifies the process of detecting and correcting errors, making them more effective in the market.

A major driving force behind the market is the growing demand for automation in accounts payable due to the numerous advantages it offers, including remote payment options, real-time fast-tracking of the payments, 24/7 access to payment information, and improved efficiency. As a result of automation, cash patterns can be identified, helping to improve security and fraud management while enabling complete control over invoice approvals.

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Key Takeaways:

  • Global account payable automation market to reach US$ 6.7 Bn by 2032.
  • By Component, Solutions are projected to grow at a CAGR of 10% during the forecast period.
  • S. market is estimated to reach US$ 2.4 Bn while growing at a CAGR of 9.7% during the forecast period.
  • By Deployment Type, On-premises deployments will grow at a CAGR of 9.6% during the forecast period.
  • China is expected to reach a CAGR of 9.3% with a market value of US$ 458.3 Bn in 2032 during the forecast period.
  • The Japanese market is expected to reach a market value of US$ 384.4 Billion by 2032.

Competitive Landscape

Key Players that have been profiled in the report are SAP, Sage, Tipalti,  Freshbooks,  FIS, Zycus, Bottomline Technologies, Coupa Software, Comarch, and FinancialForce. In an effort to emerge as a recognized and profitable business, firms continue to adopt a strategy that includes new product launches, R&D, patents, approvals, events, product innovations, joint ventures, partnership agreements, digital marketing, collaborations, mergers,, and acquisitions.

  • In May 2021, Repay Holdings Corporation integrated its account payable automation offering into Sage 100. With this new product offering, Sage now also offers connections to Sage 300 and Sage X3 products. With its integration of accounts payable solutions to Sage 100, Repay continues its commitment to helping businesses reduce costs and optimize processes. Companies can access the new payment option through APS Payments, which offers omnichannel solutions for corporate payments.
  • In December 2021, Tipalti announced that it has raised $270 million in a Series F funding round that values the company at $8.3 billion. In addition, Tipalti plans on using the new capital to focus on customer operations and a global expansion. Furthermore, the company plans to fill positions spanning its product, engineering, sales, and marketing teams.

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global accounts payable automation market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

Key Segments Covered in the Accounts Payable Automation Market

By Component:

  • Solution
  • Services

By Deployment Type:

  • On-premises
  • Cloud

By Organization Size:

  • SMEs
  • Large Enterprises

By Vertical:

  • Consumer Goods and Retail
  • BFSI
  • Information Technology (IT) and Telecom
  • Manufacturing
  • Healthcare
  • Energy and Utilities
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • Latin America

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About Us

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

Contact Us:
Future Market Insights,
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Plot No: JLT-PH2-X2A,
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