District Heating Market to be worth USD 260 Bn by 2032, Get Insights FMI

The district heating market was valued at USD 170 Bn in 2021 and is expected to grow at a CAGR of 4% to approximately USD 260 Bn by 2032. District energy is a rapidly growing industry around the world, fueled by the aggressive climate goals set by the world’s economies.

Based on preliminary evaluations, some district heating and cooling companies like Vattenfall and Goteborg are identified as operations with extraordinary growth and value potential with a different holding structure. Higher renewable energy levels can be used for thermal purposes by incorporating electrically powered heat pumps into the district heating supply, resulting in integration and balance between energy systems.

With a growing global wind turbine capacity, large heat pumps will play an important role in sustaining global green energy development and the quest to phase out fossil fuels by 2050.

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District heating is a method of delivering thermal energy to buildings (both residential and commercial) in hot water via a network of highly insulated pipelines. The potential for increased use of industrial district heating, on the other hand, is limited. Moreover, converting industrial processes to district heating involves varying heat loads across industries and processes.

The conversion to district heating results in an 11 percent reduction in electricity use, a 40% reduction in the use of fossil fuels, and a total energy end-use savings of 6% among industries.

It is possible to reduce global carbon dioxide emissions by 112,000 tonnes per year by converting industrial processes. However, the residential and commercial markets are expected to account for a sizable portion of the district heating market.

Key Takeaways:

  • As the power generation markettrend has shifted away from fossil fuels, owing primarily to environmental concerns, natural gas has gradually gained a sizable market share in the global district heating market.
  • The numerousadvantages of natural gas, such as lower costs and lower carbon emissions with exceptional efficiency, have aided in the growth of the district heating market.
  • Growing natural gas exploration activities in each region are also a determinant of the growing selection of these systems. Non-conventional energy sources such as solar and wind have also gained traction in recent years.
  • By 2028, the residential segment inthe district heating market is expected to be worth USD 89 billion. The continuous use of small heating systems, combined with strong investments in the real estate sector, has increased the demand for district heating systems in residential establishments.
  • By 2028, the commercial application segment inthe district heating market is expected to grow at a 5% annual rate.
  • Europe holds thelargest share of the district heating market. District heating systems use and distribute heat from various sources, which are traditionally viewed as a by-product and discarded.
  • Furthermore, estimates show that heat waste from electricity production and large industries in Europe is significant enough to meet Europe’s district heating market needs.

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Competitive Landscape

Major companies operating in the district heating market include Fortum, Vattenfall, Goteborg Energi, Statkraft, STEAG, RWE, Shinryo Corporation, Ørsted, NRG Energy, Ramboll Group A/S, Korea District Heating Corporation, Keppel DHCS Pte Ltd., LOGSTOR A/S, Kelag Warme GmbH, and Hafslund.

The district heating market is highly competitive. Therefore, companies are concentrating their efforts on broadening their customer base around the world. To gain a competitive advantage over the forecast period (2022-2032), key players in the district heating market are focusing on R&D investments in introducing new solutions, strategic alliances, and other organic & inorganic growth strategies.

  • Vattenfall and the Deutsche Telekom subsidiary Power & Air Solutionssigned a ten-year energy supply contract (Corporate Power Purchase Agreement, CPPA) based on solar power in February 2020. The renewable energy comes from a new solar park that the customer plans to build in Mecklenburg-Western Pomerania in mid-2021.
  • In collaboration with the Caisse des Dépôts et Consignation du Gabon, ENGIE Africa and its subsidiary AUSAR Energy began constructing eight hybrid solar power plantsin remote locations in the Northwest.

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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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Soy Milk Market High State Of Affairs, SWOT Analysis, Business Summary & Forecast 2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of soy milk are estimated to reach a value of USD 14.36 Bn by 2032, surging at 8.4% CAGR through the decade.

Soy milk is a great substitute for conventional dairy milk because it has an equal amount of protein and low calories. Obesity is driving up demand for low-calorie products. As a consequence, many consumers who are overweight or trying for weight loss prefer soy milk.

The market for soy milk may face stiff competition from substitutes such as almond and coconut milk. Because of increased consumer awareness, these substitutes are more readily available. As a result, manufacturers are focusing on increasing product awareness through marketing campaigns.

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The disruption in the supply chain as a result of the covid-19 restrictions has significantly impacted soy milk sales. However, the tendency of consumers to use healthy food and beverage products as a result of the fear of this pandemic situation will allow this industry to make a strong comeback after the lifting of these restrictions in 2022-2023 by exhibiting a year-on-year growth of 7.2%.

Key Takeaways from Market Study

  • China is the fastest-growing market because it is one of the product’s largest consumers. The soy milk market in the country is expected to grow at a CAGR of 7.2%.
  • The United Kingdom is the world’s third-largest consumer of dairy substitutes, growing at a CAGR of 13.6% in the global soy milk market.
  • Soy milk sales in the retail/household sector are expected to increase.
  • The unflavored segment grew significantly in 2021 and is expected to grow at a CAGR of 8% in 2022-2032.
  • The beverages industry held the largest market share. Soy milk is used as a substitute for conventional dairy milk in tea and coffee, as well as with cereals in breakfast.

“Soybean pulses are very popular due to their deliciousness and the plethora of health benefits offered by their consumption. Key market players are investing in R&D to reduce the nut-like flavor by introducing more flavors,” says a lead analyst at Future Market Insights.

Who is Winning?

To ensure product quality, global players in the vegan milk market are primarily focused on reliable and sustainable raw material sourcing. To ensure the purity and safety of soy milk products, there is a strong emphasis on supply chain transparency.

  • Pacific Foods of Oregon, LLC’s Certified to the Source programme verifies the origin of its ingredients. It confirms that 75% of the total ingredients purchased are certified organic.

Some of the key players in the Soy Milk Market include Eden Food; The Hershey Company; Campbell Soup Company; Vitasoy International Holdings; and Kikkoman Pearl Soy Milk.

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Get More Valuable Insights

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

Soy Milk Market by Category

By Product Type:

  • Plain
  • Flavored

By Category:

  • Organic
  • Conventional

By Application:

  • Ice Creams
  • Desserts Cheese
  • Yoghurt
  • Other

By Distribution Channel:

  • Store-based (supermarkets & hypermarkets, convenience stores, others)
  • Non-store-based

By Region:

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

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Frequently Asked Questions

  • At what rate will the Soy Milk Market grow?
  • What is the expected value of the Soy Milk Market by 2032?
  • What are the key factors driving the Soy Milk Market?
  • Which region adds to the highest Soy Milk Market Valuation?
  • What are the key strategies adopted by the major players of the Soy Milk Market?
  • Who are the key players in the Soy Milk Market?

About FMI

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

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T: +1-845-579-5705

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Gluten-Free Oats Market Size 2022 Global Industry Share, Top Players, Opportunities And Forecast To 2032

The global gluten-free oats market is expected to witness growth at a CAGR of 7.8% in the forecasted period and to be valued more than US$ 334.0 Mn by 2032.

Growth in the market is attributed to growing prevalence of food allergies and other types of food gluten sensitivities. Food allergy reactions range in severity from minor hives and swelling of the lips to severe, life-threatening symptoms known as anaphylaxis, which can include lethal breathing issues and shock.

Food allergies are currently incurable despite the development of promising preventative and therapy techniques. Early detection of food allergies and learning how to manage them, including which foods to avoid, are critical steps in avoiding major health repercussions.

The FDA enforces regulations requiring manufacturers to declare ingredients on packaged foods and beverages to safeguard persons with food allergies and other food hypersensitivities. There are stricter labeling rules for foods or chemicals that induce allergies or other hypersensitivity reactions.

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Consumers are willing to follow healthy diets to control their fitness rates because of the rising prevalence of conditions associated with modern lifestyles such as diabetes and obesity. Rising incidences of celiac disease and increased gluten sensitivity among consumers have also created a strong demand for gluten-free products.

Oatmeal drinks are an excellent choice for people who want to reduce their gluten intake while also consuming fewer calories. For example, the Quaker Oats Company in the U.S. sells gluten-free oat drinks. The company sells both regular and instant gluten-free oat drinks to its customers.

Key Takeaways from Market Study

  • The gluten-free oats market is expected to expand at CAGR of 7.8% over the forecast period.
  • Among the product type segment, rolled oats is dominating the segment holding around 41.3% of the revenue and it is expected to grow with CAGR of 6.5% over the assessment period.
  • Among the flavor segment, flavored is expected to dominate the gluten-free oats market holding more than 70.0% revenue share and it is expected to grow with around 6.9% CAGR over the forecast period.
  • Among sales channel segment, B2C is dominating the sales channel segment holding around 76.4% in 2022 and it is expected to grow with CAGR of   7.0% over the forecasted period.
  • Among price range segment, economy is dominating the gluten-free oats market through 2022 & beyond.

Rising awareness regarding allergies and innovation of new technologies such as home test-kits for celiac disease diagnoses will skew the growth of gluten-free oats market.” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of global Gluten-Free Oats market are majorly focusing on research & development in order to develop innovative and unique product offering. In addition to this these key players in the Gluten-Free Oats market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

  • In 2021, General Mills in late May launched Big G instant oatmeal varieties in the flavors of Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa Puffs. Each oatmeal comes with a topping: marshmallows for Lucky Charms, “cinnadust” topping for Cinnamon Toast Crunch, a multi-colored crunchy topping for Trix and a chocolate-flavored crunchy topping for Cocoa Puffs.

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Explore More Valuable Insights

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

Global Gluten-Free Oats Market by Category

By Product Type:

  • Whole Oat Groats
  • Steel-cut Oats
    • Regular
    • Quick Cooking
  • Rolled Oats
    • Old-fashioned
    • Quick Cooking
    • Extra Thick
  • Instant Oats
  • Oat Bran
  • Scottish Oats

By Flavor:

  • Natural/Unflavored
  • Flavoured
    • Apple
    • Banana & Raisins
    • Berries
    • Nuts
    • Maple/Brown Sugar
    • Cinnamon/Spice
    • Savory
    • Others

By Sales Channel:

  • B2B
  • B2C
    • Hypermarket/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Wholesale Stores
    • Mass Grocery Retailers
    • Online Retailers

By Packaging:

  • Flexible/Stand-up Pouches
  • Bags
  • Cartoons
  • Cups
  • Tins & Jars
  • Bottles
  • Other Packaging

By Price Range:

  • Economy
  • Mid-Range
  • Premium

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Frequently Asked Questions

  • How much is global gluten-free oats market worth?
  • What is the North America Gluten-Free Oats Market?
  • Who are the key players involved in the global gluten-free oats market?
  • At what rate will global gluten-free oats demand grow in China?

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

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Canned Mushroom Market Segmentation By Product Type, End-User, Vendor Analysis, Top-Vendor Offerings 2022-2032

According to Future Market Insights (FMI), the global canned mushroom market is set to witness growth at a CAGR of 4.9%, surpassing US$ 14.0 Bn by 2032. Lifestyle changes and an increase in the employed population have resulted in a shift in consumer dietary patterns.

Consumers prefer processed foods such as canned mushrooms, which are ready-to-eat and thus convenient for intake because they require no further cooking. Furthermore, canned mushroom contains health and nutritional elements that are beneficial for good health.

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Key Takeaways from Market Study

  • Conventional canned mushroom is estimated to account for nearly 90% of the market share over the forecast period.
  • Organic canned mushroom is expected to witness a lucrative growth rate during the forecast period.
  • North America canned mushroom market is estimated to dominate the global market with a market share of around 30% in 2022
  • South Asia is expected to witness a prominent growth rate over the forecast period.
  • On the basis of product type, shiitake canned mushrooms are expected to hold a prominent share in 2022.
  • Button canned mushroom is expected to witness a significant growth rate over the forecast period.
  • Based on form, sliced canned mushrooms are estimated to hold a prominent share in the global market.

 “Key manufacturing companies are finding distinct methods such as opening their own retail outlet to promote their product offerings among the consumers in order to gain consumers and offer a variety of options.” says a Future Market Insights analyst.

Competitive Landscape

Key companies are focusing on improving the packaging of the canned mushroom as a quick and easy to open cans in order to offer more comfort to the consumers through hassle-free packaging ideas. The companies can also use graphics on the lid and containers to enhance the packaging of the brands.

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Explore More Valuable Insights

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

Canned Mushroom Market By Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Shiitake Mushroom
  • Oyster Mushroom
  • Button Mushroom

By Form:

  • Sliced
  • Pieces & Stems
  • Whole

By End-Use Application:

  • HoReCa
    • Hotels
    • Restaurants
    • Cafes
  • Retail/Household
    • Hypermarkets/Supermarkets
    • Traditional Grocery Stores
    • Convenience Stores
    • Discount Stores
    • Online Retail Stores
    • Others

By Region:

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

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Frequently Asked Questions

  • How Big is the Canned Mushroom Market?
  • What is the Anticipated Market Value of the Canned Mushroom Market by the end of 2032?
  • What is the Canned Mushroom Market Outlook?
  • Which Region is Expected to Drive the Demand for the Canned Mushroom Market?
  • Who are the Key Players Operating in the Market?

About FMI

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

Contact:

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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Soy Beverage Market SWOT Analysis by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2032

The global soy beverage market is set to witness growth at a CAGR of 6.2% and is anticipated to reach a valuation of around USD 41.1 Bn by 2032.

Soy beverages have become popular among consumers due to their ease of availability and various scientific evidence proving that these beans have numerous health benefits, such as lowering the risk of developing cancer cells in the body and reducing cholesterol level in the blood. Moreover, owing to its nutritional value, soy beverages are eventually substituting less healthful drinks such as sodas and alcoholic beverages.

Apart from being a balanced source of protein, soy beverages also contain key minerals like vitamin B, fiber, and omega-3 fatty acids. All of these nutrients are essential for infant growth and pregnant women, and a variety of other benefits for children and adults. It is a nutritious replacement for animal based beverages mainly dairy products, and hence a decent vegetarian protein source. However, consumers are increasingly choosing homemade protein-rich beverages over processed soy products, which is expected to hamper the market’s growth over the forecast period.

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Key Takeaways from Market Study

  • The global soy beverage market is anticipated to reach a valuation of around USD 22.5 Bn by 2022 end
  • The market is segmented based on flavor, wherein unflavored soy beverage is anticipated to account for around 50% of the market share over the forecast period.
  • The European soy beverage market is expected to witness significant growth over the forecast period.
  • Sales of soy beverage over offline sales channel to hold a major chunk of the market in the coming years
  • East Asia is expected to emerge as a important market for soy beverage market in the projected period

“Rising cases of lactose intolerant consumers to replace dairy based beverages with soy beverages,” says a Future Market Insights analyst.

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Competitive Landscape

The market for soy beverages is highly fragmented owing to the presence of multiple international player such as The Hershey Co., Trader Joe’s and Danone and local players such as Vitasoy International Holdings Limited and Pureharvest, especially in developing countries. The manufacturers in the market mainly focus on introducing new items to their existing portfolios and indulge in aggressive inorganic tactics such as acquisitions and mergers to remain afloat in the competitive environment. For instance:

  • In April 2021, WhiteWave was acquired by a leading company, Danone as a strategic move to expand their business and add to their plant-based product portfolio specifically their brand Silk, primarily selling soy milk
  • The Hain Celestial Group, Inc., a leading organic and natural products company, announced their WestSoy® seitan, tofu and tempeh businesses had been sold to Keystone Natural Holdings, a Keystone Capital portfolio company focused on plant-based foods. However, the WestSoy® plant-based beverage company selling soy milks was not part of the strategic divestment and was kept by the company

Explore More Valuable Insights

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

Soy Beverage Market by Category

By Product Type:

  • Soy Milk
  • Soy Drinkable Yogurt

By Flavor:

  • Flavored Soy Beverage
  • Unflavored Soy Beverage

By Sales Channel:

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

By Region:

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

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Frequently Asked Questions

  • What is the current worth of the soy beverage market?
  • At what CAGR is the soy beverage market growing over the forecast period?
  • How much is the soy beverage market expected to be valued at by 2032 end?
  • Which region is expected to lead the market for soy beverage?
  • Who are the major players in the soy beverage market?

About FMI

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

Contact:

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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Vegan Tuna Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2032

According to the recent FMI report, the sales for vegan tuna are expected to surpass a value of USD 426.8 Mn in 2032, rising at a CAGR of around 4.3% through the end of 2032.

Nutritionists and seafood customers are both concerned about the Biomagnification process. It increases the risk of cancer, kidney illness, liver disease, respiratory problems, and different heart conditions in people. As a result, customers are indicating an interest in using fish substitutes to deal with the crisis.

During the predicted period, the seafood frenzy among consumers would enhance sales of vegan fish alternatives. According to Future Market Insights (FMI), the worldwide plant-based fish market will develop at a 16.4% compound annual growth rate (CAGR) between 2022 and 2032.

PETA and other animal rights organizations help to raise awareness about plant-based fish products, which is important for recruiting customers. Consumers are being educated about the benefits of vegan products, animal cruelty, and the dangers of high meat and fish consumption through a variety of efforts, therefore, promoting the vegan tuna market.

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According to a survey released in July by The Vegan Society, vegetarian diets might save 8 million lives by 2050 while also dramatically reducing global warming. Similarly, Compassion in World Farming, a UK-based group, has begun a “Rethink Fish” campaign to better the lives of fish throughout the EU. In the years ahead, the implementation of these efforts is projected to generate significant potential for vegan tuna producers.

Key Takeaways from the Vegan tuna Market Study:

•Gluten intolerance is becoming increasingly common, driving customers to seek out more gut-friendly options such as soy-based proteins.

•The UK is likely to be the greatest market, with roughly half of all English consumers switching to vegetarian diets.

•The fact that roughly 2/5 of people in the US are not vegan but have tried introducing plant-based meals into their diets is an intriguing facet of the vegan tuna industry. US vegan tuna market is growing at a CAGR of 4.2%.

•Food allergies linked to seafood are on the rise in Europe, prompting an increasing number of customers to investigate plant-based alternatives. By 2032, the European vegan tuna market is predicted to increase at a CAGR of 4.5%.

“The players in the vegan tuna market can keep a stronghold on the developments in the market posing opportunities for application of vegan tuna. For example, augmenting demand for vegan seafood alternatives and environmental factors like depleting fish populations around the globe. In order to preserve the market position, market players are spending in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.

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Who is winning?

Key players operating in the global vegan tuna market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering vegan tuna are Vegan ZeaStar’s tuna, Sophie’s Kitchen Plant-Based Toona, Good Catch Plant-Based Tuna, Worthington Meatless Tuna, Loma Linda TUNO, May Wah Vegan Delicious Tuna, Cedarlane No Tuna Salad, Jinka Vegan Tuna Spread, Vegetarian Plus Vegan Tuna Roll and others.

Get Valuable Insights into Vegan Tuna Market

FMI, in its new offering, provides an unbiased analysis of vegan tuna presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

The study divulges compelling insights on the demand for vegan tuna based on source (wheat, soy based protein, seaweed, lentils, yeast, chickpeas, and other), by application (salad, spread, pie, noodles, and others), distribution channel (convenience stores, supermarkets, specialty food stores, and online retail) across seven major regions.

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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

For Sales Enquiries: sales@futuremarketinsights.com

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

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Nonprotein Nitrogen Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2032

Total sales of nonprotein nitrogen are expected to surpass a valuation of US$ 1.6 Bn in 2032, rising at a CAGR of around 4.2% through 2032.

NPN is roughly equal to real protein as a nitrogen source in standard dairy and animal feeds have no more than 12 to 13 percent CP, according to the University of Wisconsin’s Department of Dairy Science.

The activity of proteolytic enzymes in the digestive system of newborn calves is a little less. As a result, protein digestion in liquid meals for young calves in the form of nonprotein nitrogen is a good option.

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Feeding more crude protein to growing heifers to promote energy development is advantageous in general, especially in light of research demonstrating that supplementing grain silage rations with less expensive nonprotein nitrogen sources improves digestibility, therefore, boosting the nonprotein nitrogen market.

Dairy farmers are incorporating high-protein sources in dairy cattle feed to provide balanced nutrition and increase milk production. In order to increase the production of milk, genetically enhanced cattle require a higher amount of nourishment.

Rising feed costs are compelling farmers to employ less expensive forms of nutrition, such as non-protein nitrogen. High protein insufficiency in cows that are fed low-quality fodder is expected to boost sales of nonprotein nitrogen in the forthcoming years.

Ruminants such as sheep and goats accounted for the second-largest share of the non-protein nitrogen market. In comparison to goats, sheep utilize more non-protein nitrogen in their meal. As the demand for processed meat grows, sales of nonprotein nitrogen are expected to rise.

“Increasing sales of ready-to-eat meals across the globe, along with growing demand for high-quality animal-based products is expected to augment the growth in the nonprotein nitrogen market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • With a market share of 40.3%, Asia Pacific will dominate the non-protein nitrogen market.
  • In 2022, the ruminant segment is projected to hold more than 70.5% of the global market.
  • By type, sales of urea nonprotein nitrogen are forecast to gain traction through 2032.
  • In terms of form, demand in the dry form is expected to rise at a CAGR of 5.8% over the forecast period.
  • The U.S. will continue dominating the North America nonprotein nitrogen market amid surging demand for high quality animal-based products.
  • China will emerge as a lucrative market due to high meat consumption in the country.
  • The U.K. will continue witnessing high demand for nonprotein nitrogen owing to rising focus on improving animal health in the livestock sector.

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Competitive Landscape

Key players operating in the global nonprotein nitrogen market are implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering non-protein nitrogen are Archer Daniels Midland Company, Altech, Yara International ASA, Kemin Industries, The Potash Corporation of Saskatchewan Inc., EuroChem, Skw Stickstoffwerke Piesteritz GmbH, Nutrien Ltd., Incitec Pivot Limited, CF Industries, Antonio Tarazona SL, and others.

Nonprotein Nitrogen Market by Category

By Form:

  • Dry
  • Liquid
  • Pellets

By Type:

  • Urea
  • Biuret
  • Ammonia
  • Others

By Livestock:

  • Dairy Cattle
  • Swine
  • Poultry
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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Frequently Asked Questions

  • How big is the nonprotein nitrogen market?
  • At what rate will sales of nonprotein nitrogen rise?
  • What is the Asia Pacific nonprotein nitrogen market outlook?
  • At what rate will the nonprotein nitrogen demand grow in Europe?
  • What are the key trends shaping the nonprotein nitrogen market?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Food Sterilization Equipment Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2032

The global food sterilization equipment market size is projected to total US$ 850 Mn by 2032, with demand growing at a 5.7% CAGR over the forecast period.

Increasing concerns regarding food safety in the food & beverage and foodservice sectors across the globe is spurring demand for effective food sterilization equipment. Consumers are getting inclined towards clean label food products and are preferring food products produced using sustainable methods.

In response to this, food processing companies are investing in sterilising equipment to extend the shelf life of these items while adhering to severe regulatory standards, which is driving sales in the market. Besides this, surging demand for ready-to-eat food and beverages will push sales of bulk food sterilization equipment in the forthcoming years.

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As food safety requirements become more stringent, more food businesses are choosing clear labels and transparency. Clean label is a consumer-driven trend that is having a beneficial impact on the food and beverage industry around the world.

Manufacturers are driven to follow the trend and upscale food ingredient sterilization due to the rising tendency of consumers to know and comprehend all of the ingredients used in a product before purchasing it.

Rising prevalence of foodborne infections and increasing consumer awareness of food safety are projected to drive the food sterilisation equipment market. Further, growing demand for non-thermal sterilisation processes is driving innovation in the market, thereby augmenting growth.

“Growing establishment of international fast food chains and gourmet restaurants across emerging economies, along with technological advancements in non-thermal food sterilization equipment will continue boosting sales over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on process, sales in the continuous food sterilization equipment segment will grow at a 6.6% CAGR through 2032.
  • By application, demand for food sterilization equipment for seasoning and herbs will remain high.
  • In terms of technology type, the heat food sterilization equipment segment will remain lucrative.
  • Sales in the Australia food sterilization equipment market will grow at a 6.5% CAGR through 2032.
  • The U.S. will continue dominating the North America food sterilization equipment market, with sales growing at a 8.2% CAGR.

India will account for 31% of the South Asia food sterilization equipment market through 2032.

  • Demand in China food sterilization equipment market is slated to increase at a 9.1% CAGR over the forecast period.

Competition Landscape

Some of the key players operating in the market include JBT, Buhler AG, Cosmed Group, STERIFLOW Company, DELAMA S.P.A., and Raphanel System. Leading manufacturers are investing in collaborations and partnerships to improve sales in untapped markets.

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Get Valuable Insights into Food Sterilisation Equipment

FMI, in its new offering, provides an unbiased analysis of food sterilization equipment market presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

The study divulges compelling insights on the demand for food sterilization equipment based on application (spices, seasonings, and herbs, cereals & pulses, meat, poultry & seafood, dairy products, fruits & vegetables, dried fruits & nuts, beverages, others (edible seed, gums, starch, jelly, & other ingredients), process (batch sterilization and continuous sterilization) type (high voltage electric field sterilization equipment, inductive electronic sterilization equipment, high temperature sterilization, chemical sterilization, ultraviolet sterilization equipment, microwave sterilization machine and others) technology ( heat, steam, radiation, chemical, filtration) equipment (milk pasteurization machine, industrial jam vacuum cooker, small scale industrial jam cooker, processing system for marmalade, sterilizer for ready meals and others) across seven major regions.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

TOC Continue…

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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

For Sales Enquiries: sales@futuremarketinsights.com

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

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Thermoplastic Pipe Market to cross US$ 8.5 Bn by 2032, Says Future Market Insights

According to a recent thermoplastic pipe market report by Future Market Insights (FMI), the thermoplastic pipe market was valued at US$ 2.5 Bn in 2021, is projected to reach US$ 8.5 Bn by 2032, and is anticipated to grow at a CAGR of around 4.5% over the projected period of 2022-2032.

The immediate consequence of the COVID-19 pandemic resulted in a decrease in demand for thermoplastic pipes that are being used to transport oil and gas to end users’ locations. Furthermore, the pandemic has disrupted the water treatment industry, of which thermoplastic composite pipes are an essential element.

Industrial operations were halted due to the implementation of strict lockdown procedures. In addition, the thermoplastic piping systems’ operation was constrained by a lack of manpower and a decline in logistical operations. The growing use of RTP pipe in the water and wastewater treatment industries is expected to drive up demand for thermoplastic pipes worldwide.

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Given the rising importance of deep and ultra-deepwater oil and gas production and exploration operations as demand for fossil fuels has increased, offshore drilling and production activities are likely to grow at a faster rate than onshore activities during the next five years. As a result, the application of thermoplastic composite pipe in offshore products, including flowlines, umbilicals, and risers, is expected to drive the thermoplastic pipe market in the oil and gas industry.

Reinforced thermoplastic pipes (RTP) are being utilized to replace medium-pressure steel pipes in the oil and gas industry. Due to their cost-effectiveness and good chemical resistance capabilities, many types of thermoplastic pipes made from engineering thermoplastic grades such as polyethylene (PE) and polyvinyl chloride (PVC) have been widely employed.

Higher thermoplastic composite pipes offer better abrasion resistance, are less flammable, and emit less smoke and harmful fumes. Still, they come at a higher cost of raw materials and fabrication. Thermoplastic composite pipes are 20–100 times more expensive than steel pipes, making them unsuitable for items like pipes. This has become the most prevalent roadblock for the thermoplastic pipe business.

As shallow-water oil and gas resources run out, thermoplastic pipe manufacturers are turning to deep- and ultra-Deepwater off the shores of Brazil, Norway, Angola, and the United States. Since thermoplastic composite pipes are lighter than flexible steel pipes, they may be installed using less complex and costly equipment.

The flexibility of the pipes, which may be transported to the job site in long coils, and the possibility of using no-dig technology to install them assist in minimizing jointing and traffic interruption.

As a result of the advantages of implementing flexible thermoplastic composite pipes in deep- and ultra-deepwater applications, the thermoplastic pipe market is anticipated to grow. Large-scale production of thermoplastic composite pipes is challenging because of the standardisation, contributing to the overall high cost of thermoplastic pipes.

Key Takeaways:

  • With a thermoplastic pipe market share of over 30%, North America is estimated to maintain its dominant position in the thermoplastic pipe market.
  • Reinforced thermoplastic pipes account for 30% of the market in the United States.
  • North America reigned supreme in the RTP market in 2019, with a valuation of US$ 81 Mn, owing to the shale gas effect and massive ongoing expansions in the United States.
  • According to the research, the offshore reinforced thermoplastic pipes market in Asia is predicted to increase from US$ 2.18 billion in 2020 to US$ 2.7 billion by 2031.

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Competitive Landscape:

Some of the key players are NOV (US), Wienerberger (Austria), TechnipFMC (UK), Georg Fischer (Switzerland), and Advanced Drainage Systems (US). The leading thermoplastic pipe manufacturers are adopting various strategies to increase their thermoplastic pipe market share.

  • TechnipFMC purchased Magma Global’s outstanding shares in October 2021 and will use Magma Global’s technology to manufacture Thermoplastic Composite Pipes (TCPs) made of PEEK polymer. Magma Global’s expertise will be combined with TechnipFMC’s thermoplastic piping systems to build a Hybrid Flexible Pipe (HFP) used in Brazil’s pre-salt fields.
  • Wienerberger bought the entire stock of FloPlast and Cork Plastics in July 2021. Both firms’ product ranges are focused on rainfall, roofline, and drainage products. As a result of the acquisition, Wienerberger is projected to become a full-service provider of managed greywater and stormwater solutions in the residential sector.
  • FGS Brasil Industria e Comércio (FGS), Cajamar (Brazil), a manufacturer of polyethylene thermoplastic piping systems, was bought by GF Piping Systems, a part of Georg Fischer, in December 2020. GF Piping Systems was able to increase its position in Brazil and South America due to the acquisition.
  • Subsea 7 granted NOV a contract in July 2020 to construct a flexible thermoplastic piping system, including flexible thermoplastic piping systems and associated ancillary components, for Woodside’s Sangoma Phase 1 project offshore Senegal, West Africa.

Key Segments

By Product Type:

  • Reinforced Thermoplastic Pipes (RTP)
  • Thermoplastic Composite Pipes (TCP)

By End-use Industry:

  • Oil & Gas
  • Water & Wastewater
  • Mining & Dredging
  • Utilities & Renewable

By Application:

  • Onshore
  • Offshore

By Polymer Type:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinylidene Fluoride (PVDF)
  • Polyvinyl Chloride (PVC)

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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.

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

Food Processing Equipment Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2032

According to the recent FMI report, the sales of the food processing equipment market are expected to surpass a value of US$ 69.8 Bn in 2032, rising at a CAGR of around 4.5% through the end of 2032.

The growth of packing solutions that are sturdy enough to endure the rigors of manufacturing and transportation has been fueled by rising customer expectations for clean, nutritious, and safe meals.

Bagging, filling, wrapping, conveying, sealing, and other all-purpose operations are becoming more popular. The market has also witnessed an increase in the for shelf-stable food goods, increasing the adoption of aseptic packaging and forming machines.

Other factors influencing the food processing equipment market include increased demand for dairy, meat, poultry, and seafood products, coupled with rising awareness of food safety. Food processing is the process of converting raw ingredients into desirable food items through chemical or physical techniques. These machines can be fully or partially automated.

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These instruments are utilized in a variety of sectors, including seafood and meat processing, poultry farming, dairy, chocolate, vegetable and beverage processing. High-speed packaging and labelling machines are used in the dairy and meat industries. There are three types of end products: liquid, solid, and semi-solid.

Key Takeaways from the Food Processing Equipment Market Study:

  • Europe & North America hold majority in the food processing equipment manufacturing global share
  • The meat, poultry, and seafood industries will account for the bulk of market share and will continue to do so for the foreseeable future.
  • India is estimated to be the lucrative food processing equipment market in South Asia over the forecast period

 “Key players in the food processing equipment market are focusing on developments and opportunities for manufacturing of ready-to-eat food. In order to gain competitive edge, market players are spending extensively in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.

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Who is winning?

Some of the leading companies operating in food processing equipment manufacturing are Tetra Pak, HOSHIZAKI Corp., Gea Group, Alfa Lavel, Krones, Middleby ,Buhler, Marel, Atlas, Pacific engineering co. inc., Welbilt, Inc., Dover, Rational  AG, and others.

Food Processing Equipment Market By Category

By Automation type:

  • Automatic
  • Semi-Automatic
  • Manual

By Application:

  • Storage Tank
  • Chiller
  • Pasteurizer
  • Filters
  • CIP Unit
  • Cream Separators
  • Spray Dryer
  • Homogenizer
  • Batch Collectors & Feeders
  • Pulverizing and Mixing
  • Melting, Heating & Cooking
  • Flaking, Chipping & Cutting
  • Molding
  • Cooling & Chilling
  • Flavoring and Seasoning
  • Washer/ Crushing
  • Pulping/ Milling/ Slicing
  • Tanks & Storage
  • Fermenting
  • Filtering
  • Distillation/ Sanitizing
  • Bottling/ Filling
  • Washing
  • Shorting/ Segregating
  • Pealing & Slicing
  • Cooling/ Freezing
  • Drying/ Frying / Cooking
  • Others Applications

By Region, Food Processing Equipment Market is Segmented as:

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

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Frequently Asked Questions

  • How big is the food processing equipment market?
  • What is the North America food processing equipment market outlook?
  • At what rate will food processing equipment demand grow in Europe?
  • What are the key trends shaping food processing equipment?
  • How much is the current worth of food processing equipment market?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the food processing equipment market?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for food processing equipment?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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