Chitosan Powder Market Revenue Growth To Be Driven By Increasing Demand Through 2022 And 2032: Future Market Insight

Trait enhanced oils are important for because they contain all necessary amino acids which are required for a living organism.  Trait enhanced oils are mainly from soy, canola, copra, palm kernel, cotton, sunflower seed, peanut, and rape. Trait enhanced oils remove all unnecessary fatty acids from food, which help consumers to stay healthy and fit. Trait enhanced oils are used in the dietary product as they provide proteins and supplements The number of health-conscious people is increasing so demand for the dietary product is increasing which will boost the growth of trait enhanced oils market. Trait enhanced oils are used in cosmetics and personal care products.

Report Attribute Details
Trait enhanced oils Market Estimated Base Year Value (2021) US$ 4.9 Billion
Trait enhanced oils Market Expected Market Value (2022) US$ 5.2 Billion
Trait enhanced oils Market Anticipated Forecast Value (2032) US$ 8.1 Billion
Trait enhanced oils Market Projected Growth Rate (2022-2032) 2.6% CAGR

The number of players participating in trait enhanced oils industry is increasing. The increasing demand for trait enhanced oils and a growing number of manufacturers all over the world are the reasons for increasing the competitive level in the market. To save the position in trait enhanced oils market manufacturers are producing unique & innovative products in the market with attractive offerings.

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Trait Enhanced Oils Market: Regional Analysis

North America and Europe regions are expected to be the major markets for the trait enhanced oils market due to increasing awareness about healthy lifestyle and nutritional food. Asia-Pacific, Middle East & Africa are leading globally in trait enhanced market. China, India & Japan are major countries in Asia-Pacific for trait enhanced oils production. Due to improving economic conditions in developing countries in Asia-Pacific and Africa will increase the demand and production of trait enhanced oils in forecasted period.

 Trait Enhanced Oils Market: Key Participants:

  • Archer Daniels Midland Company
  • Bayer Cropscience AG
  • Burrus Seed Farm
  • I. du Pont de Nemours and Company
  • Ericsson
  • Huawei Technologies
  • DragonWave
  • Hefei Fengle Seed Co. Ltd.
  • Dow Agrosciences LLC.
  • Syngenta AG
  • Krishidhan Seeds Pvt. Ltd
  • Hefei Fengle Seed Co. Ltd

The report covers exhaustive analysis on:

  • Trait enhanced oils market Segments
  • Trait enhanced oils market Dynamics
  • Trait enhanced oils market Size
  • Trait enhanced oils Supply and Demand
  • Current Trends/Issues/Challenges pertaining to trait enhanced oils market
  • Competition Landscape and Emerging Market Participants in trait enhanced oils market
  • Technology related to Production/Processing of trait enhanced oils.
  • Value Chain Analysis of the trait enhanced oils market

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)

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Trait Enhanced Oils Market Segmentation:

On the basis of source, the trait enhanced oils market is segmented into:

  • Soya seed
  • Canola
  • Copra
  • Palm Kernel
  • Sunflower seed
  • Corn
  • Cotton seed
  • Peanut
  • Rape seed

On the basis of end use, the trait enhanced oils market is segmented into:

  • Food & Beverages Industry
  • Dietary Products
  • Animal Feeds
  • Lubricants
  • Adhesives
  • Plastic
  • Foam
  • Health Care
  • Personal Care
  • Skin & Hair Creams
  • Massage
  • Aromatherapy
  • Cosmetics
  • Nail Care

Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the trait enhanced oils 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 functional extract market
  • Competitive landscape of the trait enhanced oils market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on trait enhanced oils market performance
  • Must-have information for trait enhanced oils market players to sustain and enhance their market footprint

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Silicon Fertilizers Market Growth, Analysis Report, Share, Trends and Overview 2022-2032

ESOMAR-certified market research firm Future Market Insights (FMI) in its latest market analysis forecasts the silicon release liners market size to surpass US$ 1.2 Bn in 2021. Owing to the rising demand for silicon release liners across various industries, the overall market is poised to expand at 8.1% CAGR between 2021 and 2031.

Silicon Fertilizers Market Estimated Size (2022E) US$ 114.9 Mn
Projected Market Valuation (2032F) US$ 162.0 Mn
Value-based CAGR (2022-2032) 4.1%
Top 3 Countries Market Share 37.4%

Release liners are being increasingly adopted for pressure sensitive label stock, graphic art, tapes, medical, envelopes and packaging, maintenance of industrial hygiene, and other applications. A release liner’s functionality largely depends on the release coating, which provides its non-stick or release characteristics.

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Excellent natural properties of silicone makes it an ideal candidate for coating (releasing agent) purposes. Silicone release liners can securely hold adhesive and make removal quick and easy.

Medical device and pharmaceutical companies are using silicone release liner on a large scale. Silicone and fluorosillicone are the most used release coatings for medical release liners. With surging demand from healthcare and other industries, the sales of silicone release liners are projected to surpass US$ 2.65 Bn by 2031.

Expansion of electronic, packaging and food & beverage industries is spurring the demand for silicone release liners. As per FMI, the market volume is projected to exceed 5.3 Bn Square Meters by 2021.

Adoption of pressure sensitive labels (PSL) by food manufacturers will create lucrative growth opportunity for the market as majority of these pressure sensitive labels rely on release liners to be applied.

Driven by the increasing focus on sustainability, the paper liners segment is expected to grow at an impressive CAGR of 9.7% during the forecast period. Manufacturers have shifted their focus towards developing paper-based silicone release liners as they aim for curbing their carbon footprint and offer eco-friendlier alternative to industrial liners. As base papers used for paper-based release liners are made of renewable and recycled fibers, they offer a lower carbon footprint without compromising the performance properties of release liners.

North America and Europe are projected to hold over half of the total silicone liners market during the forecast period. The robust growth in these regions can be attributed to the strong presence of leading players and well-established packaging industry.

Key Takeaways from Silicon Release Liners Market Survey

  • Germany will emerge as a lucrative market for silicone release liners across Europe, accounting for around 16% of sales by 2031.
  • With expanding healthcare sector, the U.S is projected to hold over 86% share in North America market.
  • India is anticipated to hold more than 48% share in South Asian market by 2031 end as a result of growing electronic and electrical sector.
  • Based on liner type, film lines segment is projected to account for around 55% share of the global market by the end of 2031.
  • In terms of application, labels segment will dominate the silicone release liners market, accounting for around 38.9% of total share in 2021.

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Key Drivers

  • Superior benefits offered by silicone release liners such as improved quality, durability and high tensile accelerates their application in labels and tapes.
  • Rising trend of eco-innovation will aid the market expansion during the forecast period. Manufacturers are continuously adopting base papers made of renewable and recycled fibers, which will guarantee growth in the coming years.
  • Aggressive branding and marketing by food and beverage manufacturers is projected to drive the silicone release liners market swiftly in the future.

Competitive Landscape

Key players operating in the silicon release liners market are focusing on expanding their product portfolio. They have adopted various organic and inorganic growth strategies such as mergers and acquisitions, new product launches, partnerships and collaborations to strengthen their global footprint.

  • In October 2019, Twin Rivers launched next generation of Alliance Release, a base paper used in the production of silicone-coated release liners. Alliance Release is known for its smoothness, consistent die-cutting, dimensional stability and stiffness. Key applications include “crack and peel”, industrial tapes, pressure-sensitive labels and graphic film laminates. The grade is available in silicone-coating one side (S1S) and two-side (S2S). It is compatible with all silicone systems, including solvent, solventless and UV.
  • In May 2021, WACKER unveiled fossil-free silicone coating for release papers and films. The company now offers a DEHESIVE eco version of its DEHISIVE silicone release agents. WACKER is currently the only manufacturer to offer fossil-free silicone release agents for the label and film-coating industries.
  • With the aim to create sustainable alternatives without changing the silicone system, Mondi, a leading global packaging and paper group launched two new paper-based sustainable EverLiner products in February 2021.

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Some of the prominent players operating in the silicon release liners market profiled by FMI are:

  • Loparex LLC
  • UPM Raflatac
  • Mondi plc
  • Mitsubishi Chemical America, Inc.
  • Siliconature Spa
  • Avery Dennison Corporation
  • 3M Company
  • Gascogne Group
  • Rayven, Inc.
  • Felix Schoeller Group
  • Jindal Poly Films Limited

More Insights on the Global Silicon Release Liners Sales Outlook

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

Liner Type:

  • Paper Liner
  • Film Liner

Coating Type:

  • Single Side Coated
  • Double Side Coated

Application:

  • Labels
  • Tapes
  • Graphic Films
  • Hygiene and Medical Applications
  • Others (Envelope, etc.)

End Use:

  • Food and Beverages
  • Healthcare
  • Electrical and Electronics
  • Chemical
  • Other Industrial

Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

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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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Single Layer Capacitors Market Growth Opportunities in Global Industry by 2031

The single layer capacitors market is projected to grow at an expected CAGR of 10.9% during the forecast period 2021-2031. Single layer capacitors are those capacitors, who have a structure of rectangular piece of dielectric material with metallization across the bottom and top of the ceramic.

A bottom electrode contact and top electrode contact are formed by these metallized layers. These capacitors are used for very high frequency applications in a wide range of dielectrics.

Military infrastructure and industrial markets also use these single layer capacitors. Thin film gold electrodes in these capacitors provide die attach performance and superior wire bonding.

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What is Driving Demand for Single Layer Capacitors? :

There is an increase in the demand of single layer capacitors in high voltage applications due to its high operating voltage of 10 kilovolts (kV). This is one of the major factor, which is contributing to the growth of single layer capacitors.

These capacitors have better mechanical durability as compared to multilayer ceramic capacitors. They consist a larger chunk of ceramic. This characteristic of single layer capacitor is further helping the market to grow in upcoming years.

Due to high stability low losses for resonant circuit application, single layer capacitors are in high demand. The blocking of radio frequency interference (in RFI filters) is done with help of these ceramic capacitors.

What are the Key Trends for Single Layer Capacitors? :

The demand of single layer capacitors is continuously growing in microwave integrated components, GaAs integrated circuits, RF/microswave components, DC Block, bypass and tuning due to their small size for use in surface-mount electronic designs Manufactures are developing single layer capacitors for high frequency microwave applications. Such trends are continuously contributing to the growth of Single Layer Capacitors market.

Small size and microwave performance are key to a well-performing circuit in GaN and GaAs amplifier applications. These wire bondable and high frequency single layer capacitors are perfect for such applications.

With the X7R characteristics, they are used in almost every electrical device or instrument. Such use cases of single layer capacitors are likely to fuel the market demand.

North America Demand Outlook for Single Layer Capacitors:

The demand for single layer capacitors is anticipated to grow at a significant rate in North America due to the heavy investments in infrastructure. In addition, United States has majority of the key vendors of single layer capacitors solutions. This is one of the major driving factor driving the growth of single layer capacitors.

All the major industries in the region such automotive and consumer electronics are moving towards the adoption of ceramic capacitors solutions. Especially, consumer electronics industry of this region have shown a keen interest in implementing single layer capacitor technology. The growing demand for custom integrated packaging solutions for RF and Microwave in North America has opened new growth for single layer capacitors.

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South Asia Demand Outlook for Single Layer Capacitors :

Currently, South Asia region is expected to emerge as the fastest growing market in single layer capacitors due to growing economies such as India and other countries. Many key players of ceramic capacitors in the region are aiming for acquisition, collaboration and new product strategies to extend their business presence.

The rising demand from consumer electronics and the emergence of latest manufacturers are creating many opportunities for single layer capacitors market in South Asia region.

Who are the Key Single Layer Capacitors Vendors? :

Some of the leading vendors of single layer capacitors include

  • AVX Corporation
  • Cornell Dubilier
  • Johanson Technology Inc.
  • KEMET Corporation
  • Murata Manufacturing Co., Ltd.
  • NTE Electronics, Inc.
  • Panasonic Corporation
  • RS Components
  • TAIYO YUDEN CO., LTD.
  • Vishay Intertechnology, Inc. and others are some of the key players in the market.

Key Segments

By Type :

  • Surface Mount
  • Through Hole

By Application :

  • Microwave Integrated Circuits
  • RF Bypass
  • Decoupling
  • LC Filters
  • Others

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Ring Laser Gyroscope Market Growth & Trends Highlighted Until 2031

The ring laser gyroscope market is estimated to grow by more than 6.3% CAGR from 2021-2031 owing to increasing growth of aerospace and defense industry across the globe over the years.Ring laser gyroscope used to calculate angular rotation of a wide range of platforms such as spacecraft, aircrafts, and naval ships. Ring laser gyroscopes are used in moving parts of mechanical gyroscopes and it provides excellent accuracy, thus RLGs are majorly used in defense applications.

According to latest research by Future Market Insights, ring laser gyroscope market is set to witness higher growth during 2021-2031.

The market will show significant growth in coming years, owing to factors such as incorporation of advanced technology, increasing spending on new defence vessels, and rising demand from commercial applications. However, the increasing manufacturing costs and complexity related with RLG restrains the growth of the ring laser gyroscope market.

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What is Driving Demand for Ring Laser Gyroscope Market?  

The aviation industry is key consumer of Inertial Navigation System (INS) systems. INS systems is a self-contained navigation technique which provides gyroscopes and accelerometers to track the orientation and position of an object relative to a known velocity, starting point, and orientation. The technological innovations in gyroscopes enhances performance of the INS system.

Thus increasing demand for the INS systems in aviation industry ultimately fuels the growth of the ring laser gyroscope market. INS system also used in spacecraft and commercial aircrafts. Thus rising demand of the INS system from space exploration vehicles, primarily commercial aircrafts and commercial applications propels the demand for the ring laser gyroscope market.

Growing demand fromdefense applications and adoption of Unmanned Aerial Vehicles (UAVs) & drones is driving the adoption of Ring Laser Gyroscope Market

The adoption of Unmanned Aerial Vehicles (UAVs) and drones in the commercial and defense sector has increased over the years. In recent years, adoption of ring laser gyroscope in defense applications has increased. It helps to upgrade present navigation systems onboard the ships, and also helps to develop the new defense vessels.

Thus growing demand from defense applications and adoption of UAVs and drones fuels the growth of the ring laser gyroscope market. Furthermore, incorporation of advanced technology in underwater vehicles and unmanned aerial vehicles augments the growth of the ring laser gyroscope market.

North America Ring Laser Gyroscope Market Outlook

North America is anticipated to constitute a highest growth in the ring laser gyroscope market over the forecasted period.

The North America shows significant growth in ring laser gyroscope market owing to rising adoption of RLGs in military applications such as GPS, navigation, electronic surveillance, and ATC (Air Traffic Control), RADAR systems, and many more.

U.S. military spending spends $934 billion second-largest item in the federal budget after Social Security. From which $705 billion spends by the department of defense alone.

Over the years, US spends much amount of their budget on military applications which ultimately propels the demand of ring laser gyroscope market in North America region.

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Europe Demand Outlook for Ring Laser Gyroscope Market

Europe is the second largest contributor to Ring Laser Gyroscope market and would grow at higher CAGR, owing to more spending on defense among other European countries. France, Germany, Italy, France, and U.K. are the dominating economies in Europe region.

For an instance, in 2020, the developed economy in Europe region U.K. has increases its defense budget to $21.9 Bn for spending on shipbuilding, space, and cyber.

Adoption of advance technology like automation in industries, increasing aviation industry warehouses, buildings and homes drives the demand for RLG market in UK. Also growing demand for advanced aerospace technologies propels the demand for ring laser gyroscope market in Europe region.

Who are the Major vendors of Ring Laser Gyroscope Market?

Some of the leading vendors and companies of ring laser gyroscope including

  • Heppel Photonics GmbH
  • Sperry Marine B.V
  • Ericco International Limited
  • Honeywell International Inc.
  • Mitsubishi Precision Co., Ltd
  • Teledyne CDL, Inc.
  • Safran Electronics & Defense SAS
  • Northrop Grumman Corporation
  • Kearfott Corporation, Optics Blazer AG
  • Xsens Technologies B.V. among others.

Key SegmentsBy Number of Axis:

  • Single Axis
  • Multiple Axis

By Application:

  • Platform Stabilization
  • Missile Navigation
  • Aeronautics Navigation
  • Submarine Navigation
  • Other

By End User:

  • Commercial
  • Defence
  • Spacecraft
  • Other

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About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
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Structural Health Monitoring Market Facts, Figures, Analytical Insights 2022-2025

The global structural health monitoring market is expected to register a global CAGR of 14.2% during 2017 – 2025, with APEJ, North America and Western Europe accounting for significant market value shares by the end of the forecast period.

In its research “Structural Health Monitoring Industry: Worldwide Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2025,” FMI provides crucial insights into the global structural health monitoring market. The worldwide structural health monitoring market is predicted to develop at a CAGR of 14.2% in terms of value from 2017 to 2025, making it an appealing investment.

In the worldwide structural health monitoring market, the services sector is predicted to develop at a healthy rate over the forecast period. The wired structural health monitoring systems category is likely to have a larger market share in the global structural health monitoring market during the forecast period.

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Bridges and dams are the biggest income generators in the structural health monitoring industry, out of all the application sub-segments.

By the end of 2017, the worldwide annual revenue of the structural health monitoring market was valued at US$ 1,903.9 Mn, and it is predicted to continue to rise steadily in the future years. Apart from the APEJ region, North America and Western Europe’s developed economies are predicted to account for the bulk of the worldwide structural health monitoring market.

The worldwide structural health monitoring market is predicted to be dominated by North America structural health monitoring, Western Europe structural health monitoring, and APEJ structural health monitoring throughout the forecast period, with APEJ expected to rise with the market.

Since past few years, the adoption of structural health monitoring has been increasing considerably, especially in the bridges and dams segment. These structural health monitoring technologies are expected to facilitate the overall monitoring process of critical engineering structures as they are required for the safety of human lives.

The hardware sub-segment of the component sector, according to FMI study, is predicted to dominate the structural health monitoring market, with sensors being the key revenue producers in the hardware segment of the structural health monitoring market. The wired structural health monitoring system segment will dominate the worldwide structural health monitoring market in terms of type.

Because of the considerable use of structural health monitoring in bridges and dams, the APEJ structural health monitoring market is predicted to dominate the worldwide structural health monitoring market due to rapid increase in the overall revenue generated by the hardware sector.

The total market is being driven by lower sensor costs, which are important components in structural health monitoring systems.

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Reduction in the cost of sensors, which are critical components in structural health monitoring systems, is driving the overall market in the APEJ region. The APEJ structural health monitoring market is expected to be a target market for market participants owing to the high growth opportunities in countries such as India and China.

Wireless technology advancements are expected to be one of the primary drivers of the global structural health monitoring market in the North American region. In addition, leading hardware manufacturers are focusing on improving DAQ platforms for structural health monitoring systems, which is driving the industry forward.

Because these systems are used in essential infrastructure, the structural health monitoring industry in Western Europe has a lot of promise. Furthermore, in the Western Europe region, local companies are focusing on implementing wireless monitoring systems and sensors to monitor different complex structures, which is fueling the structural health monitoring market.

According to FMI analysis, some of the key market participants in the global structural health monitoring market report are National Instruments, Sixense Systems, Digitexx Data Systems Inc., Acellent Technologies Inc., COWI A/S, Kinemetrics Inc., Hottinger Baldwin Messtechnik GmbH, Geocomp Corporation, Nova Metrix LLC and Strainstall UK Ltd.

Key Segments Covered

Component

  • Hardware
  • Sensors
  • Data Acquisition System
  • Others

Software

  • Design & Analysis
  • Parameter Identification & Tracking
  • Others

Services

  • Installation Services
  • Design & Consulting Services
  • Operation & Maintenance Services

Type

  • Wired SHM System
  • Wireless SHM System

Application

  • Bridges & Dams
  • Buildings & Stadiums
  • Vessels & Platforms
  • Airframes & Wind Turbines
  • Large Machinery & Equipment

Key Regions covered:

  • Latin America Structural Health Monitoring market
  • Western Europe Structural Health Monitoring market
  • Eastern Europe Structural Health Monitoring market
  • APEJ Structural Health Monitoring market

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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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Dairy-free Evaporated Milk Market 2022 | Present Scenario and Growth Prospects 2032

Dairy-free evaporated milk is the condensed form of the dairy-free milk after heating away the 60% of the water present in the milk. The dairy-free milk can be sourced from seeds, nuts, and cereals, etc., such as almond, soy, coconut, and hemp. Dairy-free evaporated milk is used mainly in the preparation of sweets and festivities at homes such as pie, cake, and cookies. Due to the evaporation process, dairy-free evaporated milk has a taste profile of caramel. The dairy-free evaporated milk is available in dry and liquid form in the market. The dairy-free evaporated milk derived from the plant materials have various healthy ingredients in it as compared to the dairy evaporated milk and is also available in a fortified form, for example; Vitamin D.

Attributes Details
CAGR (2022-2032) 12.3%
Value (2022) US$ 25.85 Mn
Value (2032) US$ 73.43 Mn

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New and Innovative Plant-based Products and Increasing Consumer Awareness is Driving the Global Market of Dairy-free Evaporated Milk

The global market for dairy-free evaporated milk is driven by the increasing percentage of lactose intolerance in the world. The lactose intolerant population is concentrated in Latin American, African, and Asian region. And with the increasing prevalence of the lactose intolerance around the world the plant-based products have increased demand. Also, due to the increasing percentage of vegetarians, as well as flexitarians in the developed nations and similar trend rising in the developing nations, the overall demand for the dairy-free evaporated milk is increasing in the global market.

Dairy-free Evaporated Milk Market: Key Participants

Some of the market participants in the dairy-free evaporated milk market are:

  • Nestlé S.A.
  • DariFree
  • Nature’s Charm
  • Thai Coconut Public Company Limited
  • Vega Foods Corporation Pvt. Ltd.

The report covers exhaustive analysis on:

  • Dairy-free Evaporated Milk Market Segments
  • Dairy-free Evaporated Milk Market Dynamics
  • Dairy-free Evaporated Milk Market Size
  • Dairy-free Evaporated Milk Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Dairy-free Evaporated Milk Market
  • Competition Landscape and Emerging Market Participants in Dairy-free Evaporated Milk Market
  • Technology related to Production/Processing of Dairy-free Evaporated Milk
  • Value Chain Analysis of the Dairy-free Evaporated Milk Market

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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)

Dairy-free Evaporated Milk Market Segmentation

The dairy-free evaporated milk market can be segmented on the basis of form, nature, source, end use, and distribution channel.

On the basis of form, the dairy-free evaporated milk market can be segmented as:

  • Dry
  • Liquid

On the basis of nature, the dairy-free evaporated milk market can be segmented as:

  • Organic
  • Conventional

On the basis of type, the dairy-free evaporated milk market can be segmented as:

  • Sweetened
  • Unsweetened

On the basis of source, the dairy-free evaporated milk market can be segmented as:

  • Coconut Milk
  • Soy Milk
  • Oat Milk
  • Other

On the basis of end use, the dairy-free evaporated milk market can be segmented as:

  • Bakery and Confectionery
  • Dairy Products
  • Sauces, Soups, and Dressings

On the basis of distribution channel, the dairy-free evaporated milk market can be segmented as:

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

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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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Dual-Clutch Transmission Market Estimated to Record Highest CAGR by 2031

ESOMAR-certified consulting firm Future Market Insights (FMI) projects the steady expansion of the global dual-clutch transmissions market at 6% CAGR between 2021 and 2031. The market is projected to reach a valuation of US$ 24 Bn in 2021.

Burgeoning demand for passenger vehicles that provide effective driving control and fuel efficiency is boosting sales in the global dual-clutch transmissions market. Increasing adoption of hybrid vehicles will further augment sales in the market, leading to market expansion at 7.2% in terms of volume.

Rising preference for small and medium-sized passenger vehicles will foster sales in the market. Integration of dual-clutch transmission systems in smaller vehicles has increasingly gained traction in recent years, leading to y-o-y growth of 6.3% in the DCT market between 2020-2021.

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Rapid expansion of the automotive industry, coupled with increasing research and development for product innovations in countries such as the U.K., the U.S., and Germany is augmenting the market growth.

Stringent emission control norms and growing consumer preference towards small passenger vehicles that offer optimal driving experience are driving growth in developing countries such as China, India, South Korea, and Brazil.

Key Takeaways from FMI’s Dual Clutch Transmission Market Study

  • Passenger vehicles will dominate the segment throughout the upcoming decade.
  • Dry clutch will emerge as the most preferred product type.
  • China will emerge as the most lucrative market, owing to rising demand for passenger cars in the country.
  • Germany will witness steady growth as research and development regarding dual-clutch transmission advancements rise in the country.
  • India will exhibit high demand due to increasing customer preference towards hybrid small and medium-sized passenger vehicles.

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Dual Clutch Transmission Market by Category By Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles

By Product Type:

  • Dry Clutch
  • Wet Clutch

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa (MEA)

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About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
sales@futuremarketinsights.com
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Flax Milk Market Share, Demand Analysis, Growth, Trends and Forecast – 2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of flax milk is estimated to reach a value of US$ 71.1 Million by 2032, surging at 5.6% CAGR through the decade.

Flax Milk Market Size (2022) USD 41.3 Million
Flax Milk Market Projected Size (2032) USD 71.1 Million
Value CAGR (2022-2032) 5.6%
Top 3 Countries Marketing Share 34.8%

The health trend is presently at an all-time high and customers are desiring healthier food and are becoming increasingly demanding for better alternatives as a result. In consistent with this organic trend, in which people are prepared to pay a higher price for organic and healthful food, the global flax milk market has surfaced to be lucrative business.

Rapid urbanisation and changes in lifestyle are contributing to a trend toward more convenient or packaged food alternatives has created a fair ground for the higher sales of flax milk in present times. Furthermore, flax milk manufacturers are also seeking to innovate and give a healthier option to customers that can drive the market in new parts of the world.

The demand for flax milk is likely to be dominated by the United States in the coming days. This can be linked to greater consumer knowledge of the health advantages of flax milk in the United States and Canada, as well as rising demand for plant-based milk amidst the rising trend of milk alternative protein consumption.

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And during forthcoming years, future directions in the Brazilian flax milk market are predicted to rise at a quick rate. This is due to an increase in market and positive attitude towards plant-based milk products in Brazil and other Latin American nations.

The flax milk market adoption trends have suffered some setbacks during the pandemic period, as all shops, stalls, and restaurants were forced to close down. However, the tendency of consumers to use healthy food and beverage products in the aftermath of pandemic situation is expected to revive the flax milk market opportunities in the following years by exhibiting a higher than the CAGR of 4.3% followed during the pre-pandemic period.

Key Takeaways from Market Study

  • As per the flax milk market analysis report, the net worth of the overall market is estimated to be around US$ 41.3 Million in the year 2022.
  • The flax milk market in the U.S is expected to grow at a CAGR of 3.9% during the forecasted period 2022-2032.
  • The flax milk market in Brazil is expected to grow at a CAGR of 2.7% during the forecasted period 2022-2032.
  • Flax milk is sold as a dairy substitute in hypermarkets and supermarkets which are the major distribution channels for the sales of flax milk.
  • Unsweetened flax milks are commonly used in smoothies or in the preparation of other beverages such as coffee or tea as a vegan milk substitute making it the prominent product type.

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Competitive Landscape for the Global Flax Milk Market

Flax milk manufacturers have introduced products in both flavoured and unflavoured product categories, and a demand surplus has been observed in the sales of these products, despite the fact that the majority of the products are sold under private labels. “Increased research activities and mergers and acquisitions will create new and ample opportunities for the growth of the flax milk market during the forecast period,” says a lead analyst at Future Market Insights.

Among the major players covered in the flax milk market report are GOOD KARMA FOODS, INC., Go Dairy Free, Linwoods, and some other domestic and global players.

Good karma flax milk is the most popular and widely available product on the worldwide market. Over the years, Good Karma plant-based milk products have become the most well-known vegan alternative food dominating the present global flax milk market as well.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the flax milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the flax milk based on Type (Unsweetened Flaxmilk, Original Flaxmilk, Flavor Flaxmilk), By Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Flax Milk Market by Category

By Product Type, Flax Milk Market is segmented as:

  • Unsweetened
  • Original
  • Flavoured

By Distribution Channel, Flax Milk Market is segmented as:

  • Hypermarkets
  • Supermarkets
  • Convenience Stores
  • Food and specialty drinks stores
  • Others

By Region, Flax Milk Market is segmented as:

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

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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.

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:
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Africa LED & OLED Displays and Lighting Products Market Growth, Opportunity Assessments, Key Players 2026

According to a recent market report published by Future Market Insights titled, “LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026,” the Africa LED & OLED displays and lighting products market was valued at US$ 684.9 Mn in 2015 and is expected to register a CAGR of 17.8% from 2016 to 2026.

According to analysts at Future Market Insights, “Increasing government support and introduction of new government projects for LED lighting is driving the growth of the lighting products market in Africa. Constant progression on ‘Lighting Africa’ (an initiative of IFC & World Bank), is further fuelling the growth of lighting products market in the region.” The growth of the LED and OLED display market in Africa is driven by factors such as a growing subscriber base for smartphones and increasing consumer spending on television services.

LED lighting products offer extended lifespan – around 50,000 hours of brightness – and work effectively while consuming less energy than traditional bulbs and CFLs. LED lighting products compete with traditional products with regard to parameters such as longer lifespan, energy efficiency, enhanced environmental friendliness, better durability, lower heat, and smaller size.

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The Africa LED and OLED products market is categorized on the basis of displays and lighting products. On the basis of displays, the market is further segmented as mobile displays, consumer TV displays and outdoor LED displays. On the basis of lighting products, the Africa market is segmented as product type and applications.

By product type, the market is sub-segmented into LED bulbs, bare LED tubes, LED fixtures and solar LED lighting. By applications, the market is sub-segmented as street lighting, down lighting, garden lighting, ceiling lighting, decorative and portable lighting, and others.

Market highlights

  • The consumer TV displays sub-segment was valued US$ 130.2 Mn in 2015 and is anticipated to register a CAGR of 18.8% during the forecast period. Introduction of off-grid solar powered television for rural areas of African region is expected to drive the growth of this market during the forecast period.
  • The LED bulbs sub-segment accounted for highest market share and was valued at US$ 193.9 Mn in 2015. However, the solar LED lighting sub-segment is expected to register a healthy CAGR of 28.6% during the forecast period.
  • Among applications, the street lighting segment accounted for the highest market share in 2015, occupying 37.6% share of the African lighting products market.

Regional insights

This report also covers trends driving each segment and offers analysis and insights regarding the potential of the Africa LED and OLED displays and lighting products market in some key countries including Nigeria, Ethiopia, Egypt, Congo, South Africa, Tanzania, Kenya, Algeria, Sudan, Morocco, Niger, Tunisia, and Gabon. Among these countries, Nigeria accounted for the largest market share in 2015, owing to development of telecommunications infrastructure and increasing internet governance, which in turn is driving the smartphones penetration in the country.

Vendor highlights

Key players in the Africa LED and OLED displays and lighting products market include Cree Corporation, Samsung Electronics Limited, GE Lighting, LLC, Sharp Corporation, OSRAM Licht AG, Daktronics Inc., Eaton Corporation, LG Display Co., Ltd., Barco N.V., Luceco Ltd., LED Lighting SA and Eagle Lighting.

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Market Segmentation

By LED and OLED Displays

  • Mobile Displays
  • Consumer TV Displays
  • Outdoor LED Displays

By Lighting Products

  • By product type
  • By application

Countries Covered

  • Nigeria
  • Ethiopia
  • Egypt
  • Democratic Republic of Congo
  • South Africa
  • Tanzania
  • Kenya

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About Future Market Insights (FMI)

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

Contact:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Food Flavors Market to Exceed Valuation of USD 16.6 Bn by 2032: Future Market Insights, Inc.

According to the recent FMI report, the sales for food flavors are expected to surpass a value of USD 16.6 Bn in 2032, rising at a CAGR of around 6.2% through the end of 2032.

Food flavors Market Size (2022E) USD 10.2 Bn
Food flavors Market Projected Size (2032F) USD 16.6 Bn
Value CAGR (2022-2032) 6.2%

Processed foods require more flavoring ingredients in their processing, which will boost the industry’s prospects. In order to improve the overall taste profile of the food, changing consumer taste perceptions are projected to raise demand for a mix of different flavor imparting components during food preparation. During the forecast period, this is projected to drive the market for food flavors.

Citrus flavor food ingredients are becoming increasingly prominent across the world. This is due to the fact that they have a delicate and well-balanced flavor profile that harmonizes sweetness and acidity. Citrus flavors are commonly found in beverages, pastries, and confectionary, and have grown in popularity among millennials as well as older consumers who prefer more mature tastes.

Citrus flavors are increasingly being used by manufacturers of flavored water and alcoholic beverages such as beer, spritzer, vodka, and a variety of other beverages to attract more customers.

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Furthermore, for the production of premium category products, a majority of major alcoholic beverage manufacturers are leaning toward citrus flavors. Food flavor sales are being driven by rising use of citrus flavors in the flavored water sector.

Consumption Analysis of Food Flavors (2017-2021) Vs Market Outlook (2022-2032)

From 2017-2021, the global market of food flavors expanded at 4.7% CAGRIncreasing health consciousness among consumers along with the ongoing trend of innovative and exotic food flavors are driving food flavor sales.

As more consumers are desiring natural food flavors and chemical-free food flavors, plant-based food flavors are becoming increasingly popular. Citrus flavors have gained immense popularity and have become a favourite. Citrus is also one of the most popular food flavors for sweet products.

Major demanding regions of food flavors Europe and North America. In both regions, well-established supply chains and logistics systems are driving market growth.

The global market for food flavors is slated to expand at 6.2% CAGR through 2032.

Competitive Landscape

Key participants in the food flavor industry use mergers, acquisitions, collaborations, and alliances to expand their operations. The use of new technologies to develop innovative goods, as well as the expansion of sales and distribution channels, are among the tactics that key market players are focusing on.

For example,

PureCircle, the world’s leading producer and innovator of great-tasting stevia sweeteners for the beverage and food industries, introduced modern stevia, leaf-based flavor enhancers in cocoa and vanilla flavors in July 2021, allowing companies to manufacture products at a more affordable price point.

Key Companies Profiled in food flavors Market are ADM, Cargill, Sensient Technologies Corporation, Givaudan, Ajinomoto Group, Koninklijke DSM N.V., Bell Flavours & Fragrances, A&B Ingredients, DPO International Sdn. Bhd., , Kerry Group, Others

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Food flavors Market by Category

By Form, Food Flavors Market is segmented as:

  • Powder
  • Liquid

By Product, Food Flavors Market is segmented as:

  • Natural
  • Artificial

By Application, Food Flavors Market is segmented as:

  • Food & Nutrition
  • Bakery & Confectionery
  • Beverages
  • Sauces & Dressings
  • Dairy & Frozen Desserts
  • Snacks

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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.

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
Report:
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