Market Research Blog – Page 9125 – New Product Development

Sales of Wine Totes Packaging Market reach a valuation of US$ 6.19 Billion by 2032

The market for wine totes packaging is anticipated to have strong growth potential, with a value CAGR of 5% predicted for the forecast period of 2022–2032. According to a survey by Future Industry Insights, the market is expected to be worth US$ 3.8 billion by 2022. By 2032, it is anticipated that sales of wine totes packaging items will total US$6.19 billion.

Packaging plays a crucial role in boosting the commercialization of a product by increasing the visibility of the company’s logo or the item’s brand name. Even though promotional items are remembered by more than 80% of purchasers, they are regarded as a superior form of advertising to newspapers, smart TV, online advertisements, or any other semblance of advertisement.

Wine totes packaging emerges in response to the requirement for inventive advertisements, particularly in the product categories approach that aims at the luxury packaging market. Wine totes have the power to instill a perception in the minds of consumers regarding the quality of the wine, making them a crucial form of packaging.

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According to our research, the wine totes packaging market is anticipated to grow owing to the ease provided by the wine totes to its users. Another aspect boosting the manufacturer’s orientation for wine totes packaging is the capacity to safeguard fragile bottles from shocks, and provides adequate surface area for advertising and promotion.

Wine totes have an edge over wine boxes in that they are more robust and easy to handle and transport. Wine totes make it simpler for customers to transport wine bottles to a party or gathering.

Our studies show that companies must overcome several challenges to fulfill market demand, as wine totes have a limited range of applications as they can only be utilized for carrying containers due to their cylindrical shape, which can limit the market growth.

Wine consumption is expected to propel the wine totes packaging market in regions such as North and South America, Europe, and parts of Asia. Some other factor influencing demand for the wine totes packaging market is the rising customer perception of environmentally friendly packaging.

Due to their moderate intake of wine, North and Latin America, Eastern and Western Europe are likely to dominate the wine totes packaging market during the forecast period. Whereas the wine totes packaging market in Japan and the Middle East and Africa is predicted to continue to expand.

FMI recently completed an in-depth analysis of key market participants. Manufacturers in North America spend nearly US$ 20 million per year on printing brand-specific correspondence on free wine bottle accessories.

Ampac Holdings, LLC., Guangzhou Colorful Nonwoven Products Co Ltd, Wenzhou Guohong Packaging Co., Ltd, Shenzhen Beone Handbags Manufacturing Co., Ltd., Gogo Bags., Smartbags Ltd., Param Jute Products, Evans Manufacturing, Inc, Everwin Cottons Karur Private Limited, Picnic Time, Inc., Flymaxexim., and others are major players in the wine totes packaging market.

Wine Totes Packaging Market Overview

Packaging plays a vital role in improving the marketability of a product by increasing the visibility of the company’s logo or the brand name of the product. As more than 80% of the consumers remember a company’s name through the promotional items, they are considered as better form of advertising as compared to newspaper, smart TV, online advertisement or any other forms of advertisements.

Wine totes are one such means to increase the aesthetic value of the product and improve the reputation of the company’s brand. Wine totes have an advantage over wine boxes by being sturdy and easy in handling and carrying purposes. Wine totes provide convenience for the customer to carry wine bottles to a party or a gathering.

Wine totes are tamper proof and made of multilayered film for insulating or protecting the wine bottle from getting damaged by absorbing the shocks. Wine totes are of different materials such as jute, leather, plastic, paper, etc.

Wine totes can be of different sizes catering to different amount of bottles designed as per customer requirements. Companies in North America spend close to US$ 20 Mn annually on printing brand specific communication on accessories that are given free with wine bottles

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Wine Totes Packaging Market: Market Dynamics

The need of innovative form of advertisement especially in product categories targeted to the luxury packaging market drives the demand for the wine totes packaging market. Wine totes have the ability to create a perception in consumers mind about the quality of the wine hence making it a significant form of packaging.

On the backdrop of convenience offered by the wine totes to its users the wine totes, packaging market is expected to show expansion. Features like protection of fragile bottles from shocks and ability to provide sufficient surface area for promotion and advertisement is another factor increasing the manufacturer preference for the wine totes packaging.

The regular consumption of wine in regions such as North & South America, Europe and some parts of Asia is expected to fuel the wine totes packaging market. Increasing consumer preference for a sustainable form of packaging is another factor propelling the demand for the wine totes packaging market.

However, wine totes have limited area of application as they can be used for carrying bottles only due to the cylindrical shape. The growing trend of consuming wine with meals at restaurant and at home is expected to create significant opportunity in the wine totes packaging market over the forecast period.

North & Latin America, Eastern & Western Europe are expected lead the wine totes packaging market over the forecast period owing to the regular consumption of wine in the regions.

Wine consumption in countries of APEJ region such as China, Korea, Singapore, and Thailand is significant and is expected to accounts for a considerable portion of the wine totes packaging market over the forecast period. Whereas growth for wine totes packaging market in Japan and MEA region is expected to move at a steady rate.

Wine Totes Packaging Market: Key Players

Some key players of wine totes packaging market are Ampac Holdings, LLC., Guangzhou Colorful Nonwoven Products Co Ltd, Wenzhou Guohong Packaging Co., Ltd, Shenzhen Beone Handbags Manufacturing Co., Ltd., Gogo Bags., Smartbags Ltd., Param Jute Products, Evans Manufacturing, Inc, Everwin Cottons Karur Private Limited, Picnic Time, Inc., Flymaxexim., etc.

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

The report covers exhaustive analysis on

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Wine Totes Packaging Market: Segmentation

Wine totes packaging market can be segmented by bottle carrying capacity and by the type of material used.

Based on the bottle carrying capacity, wine totes packaging market can be segmented into:

One to Two Bottle
Two to four bottle
Four to six bottle

Based on the type of material used, wine totes packaging market can be segmented into:

Paper
Jute
Leather
Canvas

Wine Totes Packaging Market: Regional Outlook

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

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About Future Market Insights, Inc.

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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The frozen snacks market Report 2032 includes SWOT Analysis, Key Indicators, and Forecasts

The global frozen snacks market is expected to reach a valuation of US$ 131.7 Bn in 2022. Sales are projected to grow at a 6.5% CAGR, with the market size reaching US$ 247.2 Bn in 2032.

Growth can be attributed to the convenience offered by these products. As consumers are trying to keep up with their busy schedules, they are preferring packaged food products and frozen snacks as they take less time to prepare. This trend will continue pushing sales in the market over the forecast period.

According to the World Bank, two-third of the world’s population is predicted to live in urban areas in the next 10 years. As a result, rapid urbanization and hectic lifestyle among millennials and working professionals will drive the adoption of frozen snacks.

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Companies Profiled In frozen snacks market are Nestle, ConAgra Foods Inc., Ajinomoto Co. Inc., McCain Foods, The Kraft Heinz Co,. Cargill Incorporated, Tyson Foods Inc., NewForrest Fingerfood BV, Rich Products Corp., Nomad Foods Ltd.

Moreover, these frozen snacks take less time to prepare than cooked meals, which is one of the key reasons driving the preference for frozen snacks. In addition to this, increasing focus on nutrient-rich frozen snacks is compelling manufacturers to launch products with organic ingredients and clean-labels. This is anticipated to fuel sales in the market.

“Wide availability of vegan, gluten-free and keto frozen snacks, along with increasing sales through online channels across emerging economies will augment the growth in the market in the forthcoming years,” says an FMI analyst.

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Key Takeaways:

The global frozen snacks market is anticipated to reach a valuation of around US$ 131.7 Bn in 2022.
By product type, sales in the desserts segment will account for around 2/5th of the total market share over the forecast period.
In terms of category, demand in the ready-to-eat frozen snacks segment will remain high through 2032.
Offline sales channels will be the most preferred sales channel among consumers over the assessment period.
France will dominate the Europe frozen snacks market owing to increasing demand for vegan frozen snacks and ready-to-eat meals.
China will account for a lion’s share of the East Asia frozen snacks market due to increasing sales of packaged food products through online channels
The U.S. will emerge as a lucrative market on the back of growing preference for vegan and clean-label frozen snacks.

Competitive Landscape

Leading players in the frozen snacks market are aiming to improve sales by launching frozen snackes made from organic and natural ingredients. They are also investing in mergers, acquisitions and collaborations to expand their production and storage facilities for frozen snacks. For instance:

In April 2021, Abergavenny Fine Foods Ltd., a company specializing in frozen snacks and finger food was acquired by Frostkrone Food Group.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global frozen snacks 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 (desserts, confectionary, vegetable & fruit snacks, bakery products, meat-based snacks, meat substitute snacks, seafood snacks and other products), category (ready to eat, ready to cook and others), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

Frequently Asked Questions

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How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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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Chitosan Powder Market: Expected to Grow at a CAGR of 6.38% with Top Companies, Share Analysis, Future Growth, and Forecast to 2022-2032

The worldwide interest for chitosan powder market is estimate to develop at a sound CAGR of around 6.38% CAGR during the conjecture time frame somewhere in the range of 2022 and 2032. Development is owing to the rising interest for chitosan powder from different end-use enterprises like food and drinks, drugs, dietary enhancements, and individual consideration and beauty care products.

Chitosan powder is obtained by treating the shells of crabs and other crustaceans with an alkaline substance such as sodium hydroxide. The shell waste contains a high amount of chitin which is further processed to manufacture glucosamine, chitosan, and other by-products. It is a deacetylated form of chitin. Chitosan powder is a biopolymer and has many beneficial properties such as biorenewability, biodegradability, biocompatibility, nontoxicity, and bioadhesivity, and thus, has applications in personal care and cosmetic industry, the pharmaceutical industry, and various other industries. Chitosan powder is obtained from various sources such as crabs, lobster, shrimp, etc.

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The Biodegradable Property Increases the Demand for Chitosan Powder

The occurrence of obesity and the overweight problem is increasing at a high rate across various regions of the world. According to WHO, in 2016, 13% of the adults were obese, and 39% of the adults were overweight.

Therefore, consumers are trying to maintain a healthy lifestyle and prefer the use of dietary supplements to fulfill the nutritional requirement of the body. The increase in weight management problems is expected to serve as a driver for the chitosan powder market. Chitosan powder is a dietary fiber and is used as a weight loss dietary supplement. Some studies have shown that chitosan helps to reduce fat absorption, and thus, can reduce the overall calorie content which helps in weight management. Therefore, the increase in obesity and overweight problems are anticipated to increase the chitosan powder market.

Chitosan Powder Market: Key Participants

Some of the market participants in the Chitosan Powder market are:

T.C. Bio Corporation
Advanced Biopolymers AS
Meron Group
Novamatrix
Amicogen, Inc.
Heppe Medical Chitosan GmbH
Tokyo Chemical Industry Co., Ltd.
Comgraf SAS
Kitozyme S.A.
Jiangyin Healthway International Trade Co., Ltd
Primex ehf

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Chitosan Powder Market Segmentation

The Chitosan Powder market can be segmented on the basis of source, grade, end use, and distribution channel:

On the basis of source, the Chitosan Powder market can be segmented as:

Shrimp
Crab
Krill
Squid
Others (Lobster, Turtle, etc.)

On the basis of grade, the Chitosan Powder market can be segmented as:

Pharmaceutical Grade
Food Grade
Agricultural Grade
Industrial Grade

On the basis of end use, the Chitosan Powder market can be segmented as:

Food and Beverage Industry
Personal Care and Cosmetic Industry
Pharmaceutical Industry
Dietary Supplement Industry
Textile Industry
Others (Wastewater treatment, Animal Feed, etc.)

On the basis of the distribution channel, the chitosan powder market is segmented into-

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/ Supermarkets
Convenience Stores
Specialty Stores
Online Retailing

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Liquor Flavored Ice Cream Market Size, Share & Trends Analysis Report By Application, Regional Outlook, And Segment Forecasts, 2022-2032

The team of researchers at Future Business Insights are focussing on research and market study to produce different Liquor Flavored Ice Cream Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Liquor Flavored Ice Cream Market.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Liquor Flavored Ice Cream Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

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Liquor Flavored Ice Cream Market: Key Participants

Some of the market participants in the Liquor flavored ice cream market are:

Haagen-Dazs Nederland N.V.
Tipsy Scoop
Mercer’s Dairy Inc.
Bailey’s
Ben & Jerry’s
Viennetta

The research report presents a comprehensive assessment of the Liquor flavored ice cream 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 form, grade, and end use.

Liquor Flavored Ice Cream Market Segmentation

The Liquor flavored ice cream market can be segmented on the basis of form, source, end use, and distribution channel.

On the basis of flavor, the liquor flavored ice cream market can be segmented as:

Wine
Vodka
Rum
Other (Whiskey, etc.)

On the basis of product type, the liquor flavored ice cream market can be segmented as:

Dairy
Non-dairy

On the basis of distribution channel, the liquor flavored ice cream market can be segmented as:

Direct Sales Channel/ B2B
Indirect Sales Channel/B2C
Hypermarket/Supermarket
Specialty Stores
Other Retail Format

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Queries Solved

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Market Background

Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Report Highlights:

Detailed overview of parent market
Changing dynamics of the Liquor flavored ice cream market in the industry
In-depth market segmentation and analysis
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments in the Liquor flavored ice cream market
Competitive landscape of the Liquor flavored ice cream market
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Liquor flavored ice cream market performance
Must-have information for Liquor flavored ice cream market players to sustain and enhance their market footprint

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Synbiotic Market Research on Present State and Future Growth Prospects of Key Players, Forecast by 2032

Synbiotic are the mixtures of prebiotics and probiotics in the form of synergism that promotes the bacteria’s survival and growth in the gut. These bacteria are mainly present in a human body’s intestine and colon in the gastrointestinal tract. Synbiotic assist to boost the proper functioning of the stomach, which could not be accomplished in a sufficient amount by daily diet. Moreover, the intake of synbiotic offers several benefits involving improving digestive health, decreasing inflammation, and improving immune function.

Additionally, they are also used to improve nutrient absorption such as calcium, phosphorus, and magnesium, and to treat hepatic conditions. In addition, they are often used in aquaculture to stimulate the immune system to increase fish development. Synbiotics are also used in pharmaceuticals and pet foods industries, due to nutritional benefits. The increasing inclination of consumers towards nutritional supplements due to changing lifestyles and eating habits is expected to boost demand for synbiotic in the near future.

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Heightened Demand for Functional and Convenience Food Products is Boosting the Growth of Synbiotic Market:

The growing demand for functional food is attributed to the increasing demand for functional ingredients, such as Synbiotic, which offers health benefits without compromising food products’ taste or sensory quality. Synbiotic is used as a functional ingredient in food products, which has a digestion-resistant quality

Increasing consumer awareness of nutritional supplementation is expected to play a significant role in driving market in the near future. Rising demand for dietary supplements in China and India is expected to have a strong effect on the synbiotics market over the coming years due to increased awareness of the nutritional benefits of functional foods. As diet foods, the use of functional food products is increasing which appear to achieve customer satisfaction when it comes to energy and dietary requirements.

Owing to increasing awareness among consumers and increased internet penetration, Synbiotic is widely used in the food industry. It is used in the manufacturing of food products such as cereals, nutrient supplements, candies, and chocolates. Increasing use of Synbiotic in food processing industry contributes to the growth of the global Synbiotic market.

Global Synbiotic: Key Players

Some the key players operating their business in the global Synbiotic market

Pfizer Pharmaceuticals
Yakult Pharmaceuticals
Groupe Danone
Behn Mayer & Company Private Limited
Skystone Feed Coperative Limited
Sabinsa Coorporation
Daflorn MLM5 Limited
Chr. Hansen

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In 2019, Pfizer Inc. and Array BioPharma Inc. have entered into a definitive merger agreement has been signed pursuant to which Pfizer acquires Array, a global biopharmaceutical company focusing on the discovery, production and distribution of targeted small molecular medicines for the treatment of cancer and other highly unmet diseases.

Opportunities for Synbiotic market:The rising population’s rise in health issues has increased demand for functional foods. Moreover, the development of the dairy industry in countries like India and China is also expected to fuel the growth of the synbiotic market in the coming years.

The demand for probiotics and prebiotics in functional food and beverage is continuing to increase. Speeding healthy lifestyles among consumers towards nutritional supplements is expected to play a significant role in driving market growth for synbiotics over the coming years.

Manufacturers in the nutraceutical and food & beverage industries have enhanced the strengthening of natural ingredients such as probiotics, prebiotics and synbiotics in their product selection to provide nutritional enrichment and related health benefits. The European Commission lifted quotas for manufacturing dairy products in the region in March 2015.

Brief Approach to Research Synbiotic Market:

A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes

Global Synbiotics Market: Segmentation

The synbiotics market report covers the detailed analysis of the following segmentation which includes, by application, form, distribution channel and region.

On the basis of product form, global Synbiotic market can be segmented as:-

Powder
Liquid

On the basis of product application, global Synbiotic market can be segmented as:-

Food & Beverages
Pharmaceutical
Dairy Industry
Animal Feed
Aquaculture Farming

On the basis of distribution channel, global Synbiotic market can be segmented as:-

Direct/B2B
Indirect/B2C
Online Retail
Hypermarkets/Supermarkets
Convenience Store
Retail stores
Others

On the basis of region, the Global Synbiotic market has been segmented as

North America
Latin America
Europe Barley
CIS & Russia
Japan
APEJ
The Middle East & Africa

Report Highlights:

An overview of the Synbiotic market, including background and evolution
Macroeconomic factors affecting the Synbiotic market and its potential
Market dynamics, such as drivers, challenges and trends
Detailed value chain analysis of the Synbiotic market
Cost structure of the products and segments covered in the study
In-depth pricing analysis, by key product segments, regions and by major participants in Synbiotic market
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
Analysis of the Synbiotic market structure, including a tier-wise categorization of key market participants
Competitive landscape of the market, including detailed profiles of the top players in this market

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Silicon Fertilizers Market with Supply Chain Analysis and Examine of Mid-Level Participant with Packaging Type-2022-2032

The global silicon fertilizer market is expected to grow at a CAGR of 4.1% over the assessment period, reaching US$ 162.0 Mn by 2032.

Silicon fertilizers assist to control dangerous microbes and avoiding plant illnesses. The increased impact of diseases and pathogens on plants, which diminish production, is the primary factor driving demand in the market. Climatic changes, along with high incidence for crop malnutrition will augment sales in the market.

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Food safety and security have become a requirement as the world’s population grows, and yield loss is a matter of concern. Furthermore, increased urbanization has reduced the amount of land accessible for agriculture, forcing farmers to use external ways to boost production. Increasing demand for ways to improve crop yield will fuel sales of silicon fertilizer.

Moreover, the utilization of silicon fertilizer by farmers to accelerate crop development, produce vegetable crops more organically, and protect plants from bacterial and fungal diseases is increasing. Such developments are expected to bode well for the market over the assessment period.

“Rapid adoption of innovative farming techniques to improve productivity, as well as the growing demand for horticultural crops and field crops in emerging nations will boost sales of silicon fertilizers,” says an FMI analyst.

Key Takeaways:

The silicon fertilizer market is expected to grow with CAGRs of 6.6% and 8.2% in Latin America and the Middle East & Africa respectively.
Market share of East Asia and South Asia is 16.3% and 12.9%, respectively in 2022.
In form segment, liquid form is dominating the silicon fertilizer market holding 63.7% share in 2022 and it is expected to grow with CAGR of 3.1% over the forecast period.
Among the type segment, Field crops is dominating the silicon fertilizer market holding around 45.6% share in 2022 and it is expected to grow with CAGR of 2.9% over the forecast period.
North America is dominating the global silicon fertilizer market holding around 28.7% share in 2022 and it is expected to grow at a CAGR of 3.1% over the forecast period.

Competitive Landscape

Key players operating in the global silicon fertilizer market are investing in mergers and acquisitions. With the help of merger and acquisitions players are able to increase their existing product portfolio and improve their regional presence.

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Future Market Insights, in its new report, offers an impartial analysis of the global silicon fertilizers 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, liquid), type (calcium silicate, sodium silicate, potassium silicate,), application (hydroponics, horticultural crops, field crops, floriculture) across seven major regions of the world.

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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 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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Cell Culture Media Market Size is set to Grow at a Remarkable Pace in the Coming Years

The Cell Culture Media Market Size was worth US$4.9Bn in 2022 and is expected to advance at a CAGR of 16% from 2022 to 2032 to US$25.9 Bn by 2032.

Due to increased research and development investment by private and public businesses for vaccines and treatments against microorganisms, the demand for cell culture media is predicted to rise at a rapid pace.

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An increase in research and development funding of cell culture media components, as well as a revolution in the life science sectors, particularly in biopharmaceutical products and the expansion and expansion of the biotechnology industry, all, contribute considerably to the sales of cell culture media.

In addition, the rising incidence and prevalence of cancer have shifted the attention to biosimilars, biologics, and recombinant protein products.

Cell culture has become an essential aspect of vaccine manufacture in the pharmaceutical business. As per the latest Cell Culture Media Market Future Trends, vaccine demand is predicted to rise globally as the frequency of infectious diseases rises, and the possibility of pandemics rises.

Cell-based flu vaccines have also been approved for use in the United States and many European nations.

Regulatory approval of various cell culture-based vaccines around the world and increased awareness and understanding of cell culture-based vaccines are projected to propel the adoption of cell culture media forward during the forecast period.

In order to evaluate vaccines and antivirals in vitro, a culture media must be used in which the targeted virus or bacteria is cultivated, and the response is determined.

The cell culture media market opportunities and the need for culture media are fueled by the pharmaceutical industry’s increased focus on research and development. Because biopharmaceutical innovators are at the forefront of in vitro research and development for the quest for vaccines and antivirals, the present COVID-19 outbreak has a favourable impact on the cell culture media market outlook.

The global market study on cell culture media indicates that the Asia Pacific cell culture market is expected to develop due to favourable regulatory standards, government backing for cell culture-based vaccine production, cheap manufacturing costs, and global market participants’ increasing focus on the merging Asia Pacific area.

Ethical concerns over the use of animal-derived items in culture medium and a scarcity of competent professionals are expected to limit the cell culture media market share.

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Cell culture media companies entail a lot of research and development for new therapeutics, including stem cells and gene therapies. Research equipment, reagents, and other goods must be of the highest quality to get reliable results.

As a result of the increased necessity to maintain high expectations (by the use of high-grade materials) and conform to strict guidelines, the price of cell biomedical research has skyrocketed. This has led cell biology research to become out of reach for many academic institutions and small businesses with minimal resources. Thus, the cell culture market opportunities and expansion are projected to be limited.

Key Takeaways

Serum-free media has a large market share of 51.4 per cent in 2021. Because of the low danger of contamination, serum-free media is commonly used.
North America has the greatest share of cell culture media applications, accounting for 32.6 per cent.
As per the cell culture media market analysis, cancer research accounts for 43.7 per cent of the market share for cell culture media.
Biopharmaceutical businesses have a market share of 83.3 per cent by end user, showing a growing need for stem cells and tissue engineering.
Due to increased technological advancements in the biotechnology and pharmaceutical sectors, the creation of vaccines, and expanding initiatives for in-vitro cultivations, the Asia Pacific region is expected to have a substantial potential for growth in the cell culture media market.

Competitive Landscape

As per the cell culture media market trends and forecast, because the bulk of global culture media companies is based in North America, notably in the United States, North America has the greatest market share in the global culture media market.

HiMedia Laboratories Pvt., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Caisson Laboratories Inc., Merck & Co. Inc, Corning Incorporated, Lonza Group Ltd, Cell Culture Technologies LLC, GE Healthcare, and Fujifilm Holdings Corporation, are some of the leading cell culture media companies in the market.

As per the recent developments in cell culture media, most cultural goods were first introduced in the United States before being distributed around the world.

Due to the rising demand for cell culture mediums from various end-user industries, the top cell culture media manufacturers are focusing on increasing their research activities in plant and animal cell applications.

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Key Segments

By Type:

Serum-free Media
CHO Media
HEK 293 Media
BHK Media
VERO Cell Media
Insect Cell Media
Serum-free Stem Cell Media
CAR T-cell Media

By Application:

Biopharmaceutical Production
Monoclonal antibodies
Vaccines production
Other therapeutic proteins
Diagnostics
Drug Screening & Development

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Sleep Apnea Devices Market Projected to Gain Significant Value through 2022-2032

The expanding prevalence of sleep apnea and related co-morbidities and expanding knowledge about sleep disorders are among the primary drivers driving overall sleep apnea devices market expansion.

Technological improvement is expected to boost the Sleep Apnea Devices Market growth during the forecast period. These improvements in oral appliances, oxygen devices, and actigraphy systems have improved sleep disorders’ treatment results and success rate.

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Players in the sleep apnea devices market are concentrating their efforts on research and development in order to create novel technology.

Attributes	Details
Sleep Apnea Devices Market CAGR (2022 – 2032)	7.8%
Sleep Apnea Devices Market (2026)	US$ 9.5 Bn
Sleep Apnea Devices Market Attraction	Rising adoption of these devices in home care settings due to increased pressure on healthcare facilities to treat sleep disorders effectively without having to visit hospitals to boost market growth.

Newly released lightweight, portable sleep apnea solutions are integrated with pressure compensating sensors that can correct for altitude-related reductions in atmospheric pressure, enhancing their acceptance. Sleep apnea devices are becoming increasingly popular since they provide patients with more options and freedom.

Thus, the adoption of technology-enabled sleep apnea devices for both diagnostic and therapeutic reasons in various sleep disorders is expected to skyrocket in the future years.

One of the key challenges impeding the adoption of sleep apnea devices is a lack of commitment to sleep apnea therapy. Positive airway pressure sleep apnea devices are highly recommended for treating a variety of sleep disorders. Despite their great effectiveness, these devices’ action efficacy is limited in certain circumstances due to the fact that they require correct and frequent usage as well as ongoing medical monitoring.

In the medium term, this lack of adherence will be a key impediment to the expansion of the sleep apnea equipment market. However, in the long run, it will have little influence because sleep apnea devices manufacturers are focusing on making their sleep apnea devices more technologically sophisticated and lowering the difficulties associated with their adherence to sleep apnea therapy.

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The increased incidence of sleep disorders and related co-morbidities is predicted to considerably enhance sleep apnea devices market revenue.

The rapidly rising senior population suffering from sleep apnea and related health concerns have accelerated the need for sleep disorders diagnosis and treatment, which has favourably impacted the sleep apnea devices market revenue.

Key Takeaways:

By type, therapeutic devices account for the majority of the market for sleep apnea devices owing to the increasing adoption of sleep apnea therapeutic devices and improving reimbursement scenarios for these devices.
By end use, the home care settings segment is expected to grow at the fastest CAGR due to increasing patient and insurance company preference for home sleep testing, as well as a favourable reimbursement scenario for home sleep testing.
Due to the rising prevalence of elderly people with chronic diseases such as diabetes and obesity, the geriatric segment is expected to dominate the sleep apnea devices market, thereby spiking the sales of sleep apnea devices.
The direct tender segment is expected to dominate the global sleep apnea devices market since it provides high-quality and easily accessible sleep apnea devices to hospitals, diagnostic centers, ambulatory care centers, and specialty care centers.
During the forecast period, Asia Pacific is expected to advance at a rapid pace and experience huge demand for sleep apnea devices on account rising elderly population and an increase in the prevalence of lifestyle illnesses.

“North America is projected to be at the forefront of the sleep apnea devices market due to the prevalence of expanding technological advancement in the region and major market players. On account of rising healthcare costs and well-established healthcare infrastructure, the obstructive sleep apnea syndrome segment in the United States of North America is expected to hold a large sleep apnea devices market share.” says an FMI analyst.

Competitive Landscape:

The major sleep apnea devices market companies providing sleep apnea devices are ResMed, Itamar Medical Ltd., Natus Medical Incorporated, CONTEC MEDICAL SYSTEMS CO., LTD, Koninklijke Philips N.V., BMC Medical Co., Ltd., SomnoMed, Medicom MTD Ltd, Somnowell, Fisher & Paykel Healthcare Limited Compumedics Limited.

Many product launches and agreements are also being initiated by companies around the world, which is accelerating the sleep apnea devices market opportunities.

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Collaboration, award and recognition, business expansion, and joint ventures are enhancing the company market in the sleep apnea devices market, which also augurs well for the sleep apnea devices market future trends.

Some of the recent developments in the sleep apnea devices market are:

Cleveland Medical Devices Inc. has announced that the company’s SleepView Direct service has been recognized in an article published in Sleep Review Magazine. This improved the company’s product’s ability to reach a large number of customers worldwide.
Oventus Medical has entered into a partnership agreement with Aeroflow Healthcare to bring Oventus’ obstructive sleep apnea (OSA) treatment solutions, including O2Vent Optima, directly to consumers in the United States through sleep clinics.

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Hernia Repair Devices Market Growth, Regional Analysis, Trends and Forecast 2022-2032

As per a recent report published by FMI, the Hernia Repair Devices Market is expected to record an average CAGR of 6.5% during the forecast period.

Hernias can be treated with two methods: watchful waiting and surgical operations. There are two types of surgical procedures: open tension-free repair surgery and laparoscopic hernia repair.

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Over the projected period, the global hernia repair devices market is predicted to rise due to the rising prevalence of hernias.

Aspects like the increasing geriatric population, the obesity pandemic, and rapidly shifting lifestyle choices together contribute to the growth in hernia prevalence.

Besides the growing preference for less invasive hernia repair techniques, tension-free hernia repair procedures have become more popular than traditional incisional repair procedures.

The rising acceptance of tension-free hernia repair treatments is due to the fact that they enable a faster recovery with less post-operative discomfort than traditional methods.

Moreover, the high cost of research and development for the hernia repair devices market is projected to impede the market growth. For introducing hernia repair devices, the company has to follow a number of regulatory and clinical requirements.

Owing to the lengthy development and approval process, medical device makers are forced to maintain the high initial cost of hernia repair equipment. Due to the high cost of items, there is a lack of suitable access to various technical advancements, which slows acceptance.

The in-hospital transition evaluation from surgeons and nurses to administrators and accountants has hampered the adoption of increasingly effective but more expensive medical gadgets and technology.

As a result, before deploying any new surgical equipment, implants, or procedures as a cost-cutting tactic, most hospitals conduct a cost-benefit study. As a result, the increased cost of technologically sophisticated surgical items in such areas makes them difficult to implement.

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Key Takeaways

Over the projected period, rising awareness regarding hernias is expected to propel the sales of hernia repair devices. For example, in April 2019, SSM Health Cardinal Glennon Children’s Hospital encouraged awareness among pregnant women by organizing a ‘CDH Care’ Program, which provided information on congenital diaphragmatic hernia (CDH) that would aid them during prenatal diagnosis. April is congenital diaphragmatic hernia (CDH) awareness month at SSM Health Cardinal Glennon Children’s Hospital.
Increasing demand for the hernia repair devices market is predicted to profit market players from a focus on regions where composite mesh use is increasing.
The key players in the hernia repair devices market are focusing on releasing new items to diversify their product range. For example, ACell, Inc. and Southmedic announced the Gentrix Surgical Matrix series of devices in September 2019, which contains ACell’s MatriStem UBM (Urinary Bladder Matrix) technology. Hernia and abdominal wall repair are treated with the Gentrix Surgical Matrix range of devices.
The substantial demand for and acceptance of hernia repair in the United States accounts for North America’s large share of this market. In the United States, the adoption of the hernia repair devices market, particularly biologic mesh devices, is the highest.
Hernia repair mesh systems manufacturers will profit from the introduction of innovative and technologically sophisticated hernia repair devices.
The market for hernia repair devices is growing as composite mesh methods, which are more expensive, become more popular. The United States, Canada, Germany, France, and other major countries are seeing greater usage of composite meshes.

Competitive Landscape

In this report, the major players in the hernia repair devices market are Covidien Plc (Medtronic Plc) (Ireland), Ethicon (Johnson & Johnson Services, Inc.) (U.S.), B. Braun Melsungen AG (Germany), C.R. Bard (Becton, Dickinson and Company) (U.S.), W. L. Gore & Associates (U.S.), LifeCell Corporation (Allergan) (Ireland), Maque (U.S.). DIPROMED (Italy), FEG Textiltechnik mbH (Germany), Cousin Biotech (France), Herniamesh (Italy), Aspide Medical (France), TransEasy Medical (China), and Via Surgical are some of the other companies in the market (Israel).

Continuous product revisions, followed by technology breakthroughs, and rising demand for less invasive methods, are factors that contribute to the expansion of total hernia repair operations.

However, the high cost of goods and procedures, as well as the uncertainty surrounding reimbursement rules, may restrict the market’s growth prospects.

GORE® SYNECOR Intraperitoneal Biomaterial was released in February 2021 by W. L. Gore & Associates in Europe, the Middle East, and South Africa to fulfil unmet requirements in difficult hernia repair.
Surgical Innovation Associates’ flagship absorbable mesh, DuraSorb®, gained CE Mark in September 2020 for reconstructive and cosmetic applications, including abdominal hernia prevention, breast tissue support, and prosthetic breast support.
W. L. Gore & Associates’ GORE® SYNECOR, a tri-layer hybrid material developed for ease of use during laparoscopic repair devices, robotic, and open surgical operations, obtained a C.E. mark in June 2020.

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Key Segments

By Product:

Hernia Mesh
- Biologic
- Synthetic
Fixation Devices
- Tack
- Sutures
- Glue Applicators

By Procedure:

Open Surgery
Laparoscopic Surgery
Robotic Surgery

By Hernia Type:

Inguinal Hernia
Ventral Hernia
- Umbilical Hernia
- Incisional Hernia
- Epigastric Hernia
Femoral Hernia

By End Use:

Hospitals
Ambulatory Surgical Centers
Clinics

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Oncology Nutrition Market is expected to grow significantly between 2022-2032

Despite the COVID-19 crisis, the global Oncology Nutrition Market share, which was forecast to be worth US$ 1.1 billion in 2021, is expected to increase to US$ 1.7 billion by 2026, with a CAGR of 8.9% over the analysis period.

For the growth of oncology nutritionist formulas, considerations such as the development of elemental formulae and technological innovation in terms of non-GMO-based formulas present considerable prospects.

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According to GLOBOCAN 2018 estimates, there were a projected 2,129,118 cancer cases in the United States in 2018, with that number expected to rise to 3,096,944 cases by 2040.

Attributes	Details
Oncology Nutrition Market CAGR (2022-2032)	8.9%
Oncology Nutrition Market (2027)	USD 3.14 billion
Oncology Nutrition Market Attraction	The market is growing due to the improving quality of clinical research on nutritional therapies.

Lung cancer is the most common type of cancer, accounting for 2,093,876 new cases globally in 2018. As the number of people diagnosed with cancer rises, so will the demand for oncology nutrition, as nutrition aids in the battle against disease and provides strength and stamina in the face of treatment side effects.

The oncology nutrition market is being driven by factors such as the shift from parenteral to enteral nutrition, the rising incidence of cancer, the growing demand for nutritional feeding in the homecare sector, the rising number of patients treated for malnutrition, and the improving quality of clinical research on nutritional interventions.

The global demand for oncology nutrition is expanding rapidly, owing to the growing popularity of homecare nutritional products. Companies are inventing a wide range of new methods in order to capitalize on the available potential.

The oncology nutrition products key end users are hospitals, retail pharmacies, and online pharmacies. Due to the ever-increasing number of cancer patients, hospitals now hold the majority of the worldwide oncology nutrition market. Various prominent worldwide healthcare providers are now building high-end cancer diagnosis and care facilities in order to assure timely treatment.

The oncology nutrition market outlook is turning positive by the advancement of elemental formulas and the launch of new products for the nutrition of oncology patients, as well as the rising prevalence of cancer, increased focus on enteral nutrition, and a surge in demand for nutritional food from the home care sector in the coming years.

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Scope of the Report

Attributes	Oncology Nutrition Market	Interventional Oncology Market	Nutritional Analysis Market
CAGR (2022 – 2032)	8.9%	6.9%	8.5%
Oncology Nutrition Market Value (2026)	US$ 2.88 billion	US$ 2.9 billion	US$ 7.9 billion
Growth Factor	The rising need for nutritional goods for home care.	The key factors driving the growth of the interventional oncology market are technological improvements and the increased prevalence of oncology.	Shifting consumer tastes, greater health awareness, the growing millennial population, and a growth in supplemental income among consumers are all driving the industry.
Opportunity	The need to fulfil the nutritional requirements of cancer patients is escalating.	The interventional oncology market has a lot of room for expansion for both established and new product companies.	The market for nutritional analysis will benefit from the rising favourable attitude on sports nutrition.
Key Trends	The transition from parenteral to enteral nutrition, expanding cancer incidence, and growing demand for nutritional requirements are all driving market expansion.	In several emerging economies, such as China, India, Brazil, and Mexico, rapid economic development and rising healthcare spending are projected to enhance access to high-quality healthcare.	The need for nutritional analysis is being driven by changing lifestyles and a high frequency of chronic illnesses.

Moreover, the oncology nutrition market is predicted to grow over the forecast period due to an increase in clinical research on nutritional interventions and an increase in cancer patient nutrition awareness. Tube feeding-related difficulties and limited reimbursement connected with its use, on the other hand, are the key limitations that could slow the market’s growth. Furthermore, the oncology nutrition market is likely to benefit from quick product development and enhancement of elemental formulae in the industry.

Key Takeaways

In the year 2021, the oncology nutrition market in the United States is expected to be worth US$ 412.6 million.
China, the world’s second-largest economy, is expected to reach a market size of US$ 165 million by 2026, representing a CAGR of 10.6% over the study period.
Germany is expected to increase at an annual rate of 8.4%, while the rest of the European market (as defined in the study) is expected to reach US$ 182.4 million by the end of the analysis period.
Oncology nutrition manufacturers in the United States have been deterred by stringent regulatory requirements and a lengthy FDA clearance process.

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Competitive Landscape

In terms of revenue, the oncology nutrition products market is currently dominated by a few significant competitors.

Some major firms are aggressively acquiring and forming joint ventures with other companies, as well as launching new goods, to strengthen their market positions around the world. Abbott Laboratories, Nestle S.A., Fresenius Kabi AG, B.Braun Melsungen AG, and Hormel Foods Corporation are some of the market leaders at the moment.

Regulatory approvals, technologically enhanced goods, the launch of new products, and acquisitions and collaboration agreements with other companies are all priorities for key competitors in the worldwide oncology nutrition market. These leading players’ strategies are likely to fuel the global oncology nutrition market’s expansion.

Nestle bought Allergan in January 2020 to expand its medical nutrition business.

Smartfish AS partnered with B. Braun to launch Remune, a medicinal nutrition product, in September 2019. During 2019 and 2020, B. Braun will launch Remune in nearly 20 countries, with other markets in Europe, Asia, and South America to follow.

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