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Middle East Flooring and Carpet Market is Expected To See a Growth of 7.3% | Future Market Insights, Inc.

The Middle East flooring and carpet market size is projected to grow in value during the forecast period at a CAGR of 5.3%, reaching a market size of more than US$ 10 Mn by 2026’s end. Revenue from the carpet tile category is predicted to dominate other product type categories in the Middle East flooring and carpet market, with a CAGR of 7.3%. ( 2016–2026).

The research goes deeply into the murkiest crevices of the Middle Eastern markets and presents some really important and futuristic statistics that are closely related to the genetic behaviour of the market. According to the analysis, the Middle Eastern flooring and carpet industry would expand significantly over the course of the projected year.

Weavers originated in this part of the world. There are some of the most well-known magicians in some parts of the world. The flooring and carpet market in the Middle East is booming and offers a wide range of goods. The area of the world is slowly becoming one of the main tourist destinations, and the real estate market in this area is booming.

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The report delves deep into the darkest corners of the markets spread across the Middle East and tables some very crucial and futuristic data which are close-knitted with the genetic behaviour of the market. The report says that the Middle East flooring and carpet market will grow manifold within the forecast period. Within the assessment period the market will shine and rise it will record more than 5% CAGR.

This region of the globe is a cradle of weavers. Some of the best-known hands who can weave magic are available in part of the world. A plethora of products is available in this expanding middle-east flooring and carpet market. The portion of the world is steadily rising as one of the major tourism hubs also the real estate segment of this region is on fire.

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The economy is thriving and basking with a wave new investment. This entire economic resurgence is pushing ahead the width of the middle-east flooring and carpet market. The market exports some of the best quality, artificial grass, carpets, rugs, variety of laminated floorings and carpet titles to different parts of the world. The demand of these of niche products are maximum in different parts of the globe and as per this market analysis, the demand for these luxury products will surge in the coming few years. As per the report, the middle-east flooring and carpet market will cater commercial as well as the domestic customers.

The market is extremely challenging as most of the customers of this segment do have an eye for details and they are eager to shell out some extra bucks to get the best possible products from the market. To cope up with this new breed of customers the manufacturers are polishing their skills and tabling custom made products to stay afloat in this competitive market. Lucrative discounts, advanced 3D technology is introduced in the market to enhance the customer outreach.

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The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government. As per the application type, the market is fragmented into commercial, residential offices, hospital and healthcare, industrial application, automotive and retail.

Several raw materials are used in this market and they are Polypropylene, polyester, other materials and nylon. The rise of the new luxury conscious customers, expanding the economy of the region and expanding demand for these products in educational institutes, hospitals and hospitality will drive the market forward in within the assessment period predicts the report.

Segment Analysis

The nylon section will dominate more than 40% of the market share until the end of 2016 apart from this the other material segment of the market will also contribute significantly to the growth of the Middle East flooring and carpet market
The residential segment will push the market ahead in 2016. The automotive application and hospitality segment will also show positive results in the assessment period

Regional Analysis

Qatar and Kuwait will be significant contributors to the growth of the Middle East flooring and carpet market. As Qatar will be the hosting mega football event in the year 2022, thus it will affect the market periphery of the flooring and carpet. Apart from this other country of this region such as UAE, Egypt, Iran, Kuwait, Bahrain, Oman and Turkey will also showcase good development in the market.

Vendor Insights

Some of the prime players who are operating in this segment are Cerner Corporation, Care Fusion Corporation, Kirby Lester LLC, Swisslog Holdings AG etc.

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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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Global Tunable Diode Laser Analyzer Market To Expand At 9% Value CAGR By 2032 – FMI

The global tunable diode laser analyzer market is expected to generate a $435 million incremental opportunity by the end of 2022. Tunable diode laser analyzer sales are expected to exceed US$ 800 million by 2032, rising at a robust CAGR of 9% between 2022 and 2032. The increasing introduction of novel tunable diode laser analyzers with advanced features, as well as the emergence of return on investment policies on installation, are driving market growth.

For calculating the percentage of gases like carbon dioxide, methane, water vapors, flare gas, tail gas, and others, tunable diode laser analyzers are finding a variety of uses in the petrochemical, food and beverage, oil and gas, and energy and utility industries.

Corrosive and extremely dangerous gases are measured by a tunable diode laser analyzer. The tunable diode laser analyser uses accurate and highly responsive measuring signals for process control systems and hence helps in improving yields, safety and energy efficiency in various industrial processes.

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Tunable Diode Laser Analyser Market: Drivers & Restraints

The key market driver for tunable diode laser analyser is the growth in the industries such as oil & gas, cement, metal and power which demands for analysers, emission monitoring and incineration. Tunable diode laser analyser has high component selectivity, easy maintenance, low installation cost and fast response which makes it a preferred device in broad range of industrial processes.

Tunable diode laser analyser is one of the critical factor which provides crucial information about the chemical composition in the process industries. Tunable diode laser analyser has large opportunity in process industry as its applications are not restricted to monitoring only. It also contribute towards the preservation of environment and reduction of running cost. However the key challenge faced by tunable diode laser analyser is the rising infrastructure cost which may inhibit the market growth.

Tunable Diode Laser Analyser Market: Region-wise Outlook

Currently APAC has the largest market share for tunable diode laser analyser, followed by North America. It is expected that Europe will have the fastest growth rate as compared with other regions. As the demand of chemical industries is increasing, North America is also expected to have a significant market share in global tunable diode laser analyser market during the forecast period.

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Tunable Diode Laser Analyser Market: Key Players

Some of the market participants in the global tunable diode laser analyser market are Yokogawa, Servomex, Siemens AG, Honeywell, Sick AG, Emerson Process Management, ABB ltd, Neo Monitors, Mettler Toledo, Ametek Process Instruments.

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

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

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Tunable Diode Laser Analyser Market: Segmentation

On the basis of end user industry, the global tunable diode laser analyser market is segmented into,

chemical/petrochemical
Power/ utility
Water and Wastewater Treatment
Food and Beverages
Fertilizer
Pharmaceuticals
Pulp & Paper
Mining
Cement
Glass

On the basis of application, the global tunable diode laser analyser market is segmented into

Gases
Syngas
Coke-oven Gas
Refinery Fuel Gas
Natural gas
Green House Gas
Flare Gas
Tail Gas
Fertilizer Off Gas
DeNOx
Incineration
Emission Monitoring
Boilers
Carbon Black Producers
BFO
BOF
SRU
FTC/GTC for Aluminium
Nuclear
Fertilizer Urea
Electric Arc Furnace
Others

About Us:

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

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Bar Accessories Market is Projected to Amass Revenue of About US$ 4.08 Billion by 2032 Says FMI

The global bar accessories market is projected to amass revenue of about US$ 4.08 billion by 2032, up from US$ 2.4 billion in 2022, advancing at a CAGR of 5.4% during the forecast period.

Bar & Wine Accessories Market Overview As the wine continues to gain popularity and consumption, the keenness for the wine lifestyle is flourishing. Market players are seeing tremendous growth prospects in all associated product categories, particularly as wine cellars are now practically a staple in several homes.

Wine refrigerators are as regular as dishwashers, and wine accessories have become as important as silverware.

The global bar and wine accessories market is witnessing new accessories trends surfacing based on different shakers, glassware, and different bar accessories. Market players are developing different styles and utilizing different materials to market the accessories, which seems to be attracting consumers.

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Bar & Wine Accessories Market – Key Trends

Incessant growth in the number of prominent winemakers and commercial winemakers transforming to the usage of novel technologies is expected to boost the bar and wine accessories market.

Also, saving the environment and sustainability has become one of the noteworthy revolutions. Not only millennials, however, the baby boomers and generation z are also been pulled up into the green bar & wine accessories market.

Stringent government laws concerning no plastic usage have brought about the nascency of reusable and recyclable products, for instance, bar straws are part of it.

Bars and bartenders are changing up their common plastic straws and substituting them with the ones prepared from metal, hay, acrylic, glass, paper, or any reusable or biodegradable material. This is done for environmental purposes and both a classier aesthetic.

With technological progressions, custom barware is anticipated to be taking over shelves. Customized bar and wine accessories will be majorly used for gifting purposes, in addition to retaining them as keepsakes.

Personalizing a shaker, a mug, or whiskey glass for a liquor enthusiast or else simply for the bar case is projected to be maneuvering towards printing companies when the requests for personalized barware comes through.

Bar & Wine Accessories Market – Growth Restraints

The availability of cheap and counterfeit substitute products of bar & wine accessories is projected to impede the market growth. The higher cost associated with the bar and wine accessories are unaffordable amid the middle class as well as low-income group customers.

Further, the maintenance cost concerning the accessories is higher, these factors are likely to hinder the growth of the bar and accessories market over the forecast period.

COVID-19 Impact on Bar & Wine Accessories Market

The COVID-19 pandemic has inflicted a nationwide lockdown mandate that has forced the wine sector to shift its focus toward online platform sales and digital marketing. As per recent market research, the alcohol e-commerce sector has multiplied in contrast to the previous year’s figure.

It further states that wine has encountered the biggest success, making up approximately 70% of the overall online retail sales.

While COVID-19 might have added more challenges, incorporating bottling and shipping delays, the company has been capable to keep their supply chain moving. The rise in wine sales has led to growth in the bar and wine accessories market.

Bar & Wine Accessories Market – Region-wise Analysis

North America and Europe will remain dominant in the global bar and accessories market due to an increase in production and consumption of wine in the region. According to Statista, the wine accessories sale in the U.S. retail is amounted to about US$ 314.4 MN in 2019. The figure is estimated to grow during the forecast period.

Growing consumer base will inflate the market scope of the bar and wine accessories market to continue the momentum of growth in the Asian and other developing regions over the assessment period.

Bar & Wine Accessories Market – Competitive Analysis

Some of the major companies operating in the global market include –

Simple Modern
V.I.P.
HYDRO FLASK
Home Brew Ohio
Thirstystone
Juvale
The Pioneer Woman.

Market players are focusing on new product launches to gain a competitive edge over others.

For instance, Home Brew Ohio has introduced Keg Dry-Hopping Filter made from Stainless Steel. The 300-micron stainless steel mesh lets hop-oils to flow into beer yet holds the hop material inside. The filter holds around two ounces of a leaf.

Thirstystone has launched its barware collection available in stainless steel, marble finishes as well as leather exchange. Hydro Flask has launched its new cooler cup made from durable 18/8 Pro-Grade Stainless Steel construction that works as a bottle or can cooler along with a 12 oz beverage cup.

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Global Bar & Wine Accessories Market: Key Players (this is an indicative list – full list of key players available upon request)

Simple Modern
HYDRO FLASK
V.I.P.
Thirstystone
Home Brew Ohio
The Pioneer Woman
Juvale
Ozeri
Caribou Coffee
Mainstays

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
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)

Bar & Wine Accessories Market – Market Segmentation

By Bar Accessories

Barware Sets
Bottle Openers
Cocktail Shakers
Corkscrews & Openers
Foil Cutters
Glass Markers & Charms
Ice Buckets & Tong Sets

By Wine Accessories

Wine Accessory Sets
Wine Bottle Coolers
Wine Drip Rings
Wine Stoppers & Pourers
Wine Thermometers

By Material

Aluminum
Brass
Copper
Crystal
Glass
Gold Plated
Iron/Metal

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Combat Boots Market Worth US$ 2.55 Bn by 2032 | Report by Future Market Insights, Inc.

The global combat boots market size is expected to be worth US$ 1.74 billion in 2022, with a projected value of US$ 2.55 billion by 2032. The demand for combat boots is expected to increase at a CAGR of 3.9% between 2022 and 2032.

The combat boot market is witnessing growth due to the ongoing developments by combat boot companies. These companies are putting their products through rigorous testing to ensure that they can withstand tough conditions with minimal wear and tear. Furthermore, the demand for combat boots is increasing since they are designed to provide stability in challenging and harsh conditions by giving a solid grip, enhanced ankle stability, and superior foot protection. Law enforcement officers, firefighters, military personnel, and adventurers who work in harsh weather conditions are the primary drivers of combat boot industry growth.

According to US Defense Department data, 60,000 military soldiers were present in Afghanistan, Iraq, and Syria in March 2019, and this number is expected to increase in the near future, resulting in rising sales of combat boots and fuelling combat boot market expansion. Furthermore, rather than parades or other ceremonial duties, troops wear them during battle or combat training. As a result of an increase in the number of military personnel for security objectives, the combat boots market share is expected to grow on average.

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As internet penetration has grown, so has the number of users of various social networking sites. Taking this into consideration, it is expected that the majority of the leading companies in the combat boots market are likely to promote their products and services using these social media channels. However, due to the high costs and widespread popularity of combat boot brands such as Nike, Adidas, and Puma, counterfeit brands have proliferated. As customers in emerging economies are price sensitive, counterfeit brands have become common.

Key Takeaways from Personal Fitness Trainer Market

The United States holds the second highest share of the combat boot market. In 2022, North America is anticipated to capture 21.89% of the global combat boot market.
Asia Pacific is likely to increase rapidly over the forecast period. An increase in government intervention to quell riots, protests, and disaster management activities is expected to boost regional demand for combat boots.
In 2022, Europe is projected to hold more than 25.89% of the combat boot market. Europe is anticipated to dominate the combat boot business between 2022 and 2032.
From 2022 to 2032, the Jungle combat boots category is expected to dominate the combat boots market.
Military combat boots are expected to dominate the market based on application.

“A variety of manufacturing companies are witnessing investment opportunities in the niche market for combat boots. Additionally, the production of composite plastic toes offers a significant market opportunity for manufacturers of combat boots.” – FMI Analyst

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Competition Landscape in the Personal Fitness Trainer Market

Leading industry companies are expected to concentrate on expanding their operations in the Asia Pacific area due to the steadily growing clientele in nations like China and India. Significant market players are anticipated to invest in R&D initiatives in this respect in order to maintain their competitiveness during the forecast period.

NS Boots Pvt. Ltd., McRae, Wolverine World Wide, Belleville Boot Company, Magnum Boots, Maelstrom Boots, Bates Boots, Rampage, and Under Armour are some key players in the combat boot market.

Recent Developments in the Personal Fitness Trainer Market:

The GSG9.2 Footwear, a combat boot with military inspiration from Adidas, went on sale in June 2019.
In April 2020, the first responders in New York City will get 1,000 pairs of combat boots from the Italian footwear manufacturer Garmont Outdoor.
The 5.11 A.T.L.A.S. (All Terrain Load Assistance System) combat boot line was introduced in February 2020 in Las Vegas, Nevada.

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Combat Boots Market by Category

By Type:

Jungle Boots
Desert Boots
Cold Weather Boots
Others

By Application:

Military
Hiking
Travel
Others

By Region:

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

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Smart Home Appliances Market to Hit US$ 75Bn by 2032

The global smart home appliances market is anticipated to garner US$ 75 Billion while expanding at a CAGR of 8.1% during the forecast period ranging from 2022 to 2032, as per Future Market Insights’ recent report. The market is estimated at US$ 32 Billion in 2021 and US$ 34.5 Billion in 2022. Product demand is being driven by factors, such as the growing penetration of smart homes, rising home improvement projects, and rapid developments in IT and wireless communication.

Technological advances incorporated into homes are augmenting industry growth. Makers are incessantly developing and transforming smart home appliances to cater to the relaxed lifestyles of tech-savvy consumers. Besides, brands have been improving smart automation and hi-tech features for smart homes. Digital smart dials and voice-controlled lighting with programmable attributes are anticipated to appeal to millennial clientele. On the other hand, high costs involved in technological advancements, which can result in higher global product costs, may hurt industry development.

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In recent years, the demand for smart home appliances has burgeoned at a moderate rate, backed by an upward trend of advanced gadgets among millennial consumers. In terms of product type, the demand for smart washing machines is rising at an impressive rate owing to the growing demand for convenience products in residential spaces.

Key Takeaways from the Market Study

By product type, smart washing machines are expected to be most sought after, capturing 31% revenue
Smart air purifiers to enjoy equally high demand, flourishing at a 7.9% CAGR until 2032
Offline smart home appliance sales to retain dominance, comprising over 60% demand in 2022
Online smart home appliances sales to surge fastest, estimated to record an 8.1% CAGR
North America region is likely to account for the majority share of nearly 38% in 2022
Europe to generate substantial expansion opportunities, yielding 1/3^rd of global revenue in 2022
Asia Pacific to register an 8.3% CAGR with regard to smart home appliance demand

“With the introduction of novel technologies and increasing concern for the cybersecurity, the manufacturers are investing more on developing energy-efficient products to offer protection for the residential & commercial, thereby exhibiting immense growth,” remarks an FMI analyst.

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Competitive Landscape

Key players in the global Smart Home Appliances market include Whirlpool Corp., LG Electronics, Haier Group, Samsung Electronics Co. Ltd., Panasonic Corp., BSH Hausgeräte GmbH, Electrolux AB, Koninklijke Philips N.V, GE Appliances, Xiaomi Corp., among others. Recent key developments among players are:

In January 2022, Samsung Electronics announced its membership in the Home Connectivity Alliance (HCA) together with leading manufacturers in the smart home space, aiming to promote interoperability and greater safety.
In February 2021, Panasonic announced the launch of its IoT and AI-connected living platform-Mirage. Additionally, the company launched a connected refrigerator, washing machine, wifi fan, ROMA smart digital switches, and smart wifi controller plugs and switches in India.
In January 2022, Electrolux and other manufacturers formed the Home Connectivity Alliance (HCA) to make devices and apps work together across brands for a better consumer experience.

Key Segments Covered in the Smart Home Appliances Industry Analysis

Smart Home Appliances Market by Product:

Smart Washing Machines
Smart Refrigerators
Smart Air Purifiers
Smart TV
Other Smart Home Appliances

Smart Home Appliances Market by Distribution Channel:

Online Sales of Smart Home Appliances
Offline Sales of Smart Home Appliances

Smart Home Appliances Market by Region:

North America Smart Home Appliances Market
Latin America Smart Home Appliances Market
Europe Smart Home Appliances Market
Asia Pacific Smart Home Appliances Market
Middle East & Africa Smart Home Appliances Market

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Smart Home Appliances market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Smart Home Appliances Market by Product (Smart Washing Machines, Smart Refrigerators, Smart Air Purifiers, Smart TV, Others), by Distribution Channel (Online Sale, Offline Sale) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions/Exclusions

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product modifications /Innovation

Key Success Factors

4.1. Strategic Developments

4.2. Key regulations

4.3. Product USPs /Technology

4.4. List of Manufacturers and Providers

India Gin Market Size By Application (Processed Food Products, Beverages),By Geographic Scope And Forecast 2025

Future Market Insights (FMI) has published a new report, which is titled, “Gin Market: Driven By Changing Lifestyle and Expanding Urban Population – India Industry Analysis and Opportunity Assessment, 2015 – 2025.” The Indian gin market is witnessing a steady rise on account of the growing urban population and changing demographics. The change in outlook of the Indian society towards social consumption of alcohol is driving the growth of the gin market.

The increase in the consumption of alcohol among women has also fueled the growth of the alcohol market. In addition to this, the growing disposable income of the people and thus the transformed buying and spending pattern of consumers in urban areas specially, will push the growth of the gin market in India. Moreover, the increasing popularity of bar and cocktail culture in urban cities will also drive the gin market in India.

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The report gives a comprehensive analysis of the various factors driving the growth of the Indian gin market as well as those factors that restrict the growth of the market. The impact analysis of the same is also given. The various macroeconomic factors as well as government regulations impacting the gin market are also given. The current trends in the gin market as well as the future opportunities have been analyzed. Based on all these factors, as well as the present and past market value, the future market size is predicted.

One of the trends in the market is the production of gins with local and alternative botanicals. Citrus flavors are expected to become trendy. As numerous craft and classic cocktails make use of spirit, the market will grow for gin. As there is a variety of gin cocktails to select from, gins are becoming increasingly popular among consumers. The report segments the gib market on the basis of key criteria and reveals the leading, declining, most sluggish, and fastest growing segments and sub-segments.

On the basis of product, the global gin market is segmented into economy segment and premium and luxury segment. Of these, the economy segment is estimated to lead and expand at a significant CAGR. The premium and luxury segment will witness a slight rise on account of the growing demand for premium products in the country. On the basis of region, the market for gin is segmented into East, West, North, and South India. Of these, the gin market in South India is leading. In 2015, the Southern India gin market accounted for 34.8%, the western region accounted for 28.2%, and Eastern India accounted for 12.4%. Gin manufacturers are anticipated to expand their business in the Eastern India through tie-ups with regional distributors in the coming years.

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The report profiles key players in the Indian gin market for the purpose of study. Following are the leading players in the gin market. Tilaknagar Industries Limited, United Spirits Limited, Jagatjit Industries Limited, Mohan Meakin Limited, Radico Khaitan Limited, Globus Spirits Ltd., SNHL India Pvt Limited, Deejay Distilleries Pvt Limited. Players are focusing on geographical expansion. Innovation is a key strategy among players in this market. Players are investing in research and development and also participating in mergers and acquisitions so as to gain a competitive edge.

Key Segments Covered

By Gin Market
Product Type
- Economy Segment
- Premium & Luxury Segment

Key Regions Covered

North India
East India
West India
South India

Frequently Asked Questions

What is the Growth Outlook for India Gin Market?
By 2032, how much can the India Gin Market Grow?
What is the Current Valuation of the India Gin Market?
Which Region is likely to Lead the India Gin Market?

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Pet Treats and Chews Market Worth US$ 13.7 Bn by 2032 | FMI

The pet treats and chews market is poised to reach a valuation of US$ 8.2 Bn in 2022. As per a recent market analysis by Future Market Insights (FMI), Sales are projected to increase at a 5.2% CAGR, with the market valuation reaching US$ 13.7 Bn by 2032.

Growing pet adoption is expanding the consumer base in the pet treats and chews market. An increase in pet companionship, along with rising disposable income will fuel sales in the market. Pet treats and chews market has grown from being just ‘treats’ and ‘chews’ for the pets, to now being a market for necessary claims such as health supplements, dental care products and functional treats.

The global market, which was primarily dominated by dog treats and chews, and is now being outpaced by cat treats and chews in terms sales. This has been mainly due to manufacturers focusing and introducing newer products in the cat category. The introduction of dry cat treats has been a major breakthrough in the industry, helping find an untapped sector which has immense growth potential.

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“Increasing demand for vegan pet treats and chews products among consumers, along with growing preference for functional pet treats is expected to create opportunities for growth in the market,” says an FMI analyst.

Key Takeaways:

Based on sales channel, the modern trade segment will account for 22% of the total market share.
In terms of product type, sales of dental treats and chews are expected to hold 28% of the total market share.
By pet type, demand for treats and chews for dogs will increase at a considerable pace.
The U.S. will hold 25% of the North America pet treats and chews market share.
Total sales of pet treats and chews in Japan will reach a valuation of US$ 357 Mn in 2022.
Demand for pet treats and chews in India will surge at a 3% CAGR through 2032.

Competitive Landscape

The key players in the pet treats and chews market are Mars Pet, Inc., Nestlé Purina PetCare, The J.M. Smucker Co., Hill’s Pet Nutrition, Inc., General Mills, Inc., Diamond Pet Foods, Spectrum Brands/United Pet Group, Mammoth Pet, Fluff and Tuff Inc., Central Garden and Pet Co, ZippyPaws’, PetMate, KONG Company, Eurocan Pet Products, Cadet Pet, Inc., Presidio Natural Pet Co, and Wellness Pet Company.

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Pet Treats and Chews Market by Category

Product Type:

Dental care
Aromatic Treats
Comfort Treats
Training Treats

Pet Type:

Cats
Dogs

Ingredient Type:

Plant Based
Animal Based

Price Range:

Mass
Premium

Sales Channel:

Pet Specialty Stores
Drug Stores
Modern Trade (Hypermarket/ Supermarkets)
Online Retailers
Convenience Stores
Other Sales Channel

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Frequently Asked Questions

What is the market size of the global pet treats and chews market?
What is the expected growth rate of the global pet treats and chews market?
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Pet Transporting Service Market to be US$ 812 Mn by 2032

The pet transporting service market is forecast to reach US$ 522 Mn in 2022. Demand is projected to increase at a 4.5% CAGR with the market size reaching US$ 812 Mn by 2032.

As per the analysis, the pet transport services have rapidly increased due to high pet adoption rates. Furthermore, the increase in international travel has led to high demand for commercial animal transport.

However, because of long-distance transporting, there are some concerns among pet owners about delivery security, and strict authority restrictions in a few countries are limiting the growth of the pet carrier business. On the other hand, an increasing number of mergers and acquisitions involving major players in the market is expected to generate a number of growth opportunities for the pet delivery service throughout the forecast period.

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“Growing preference for value-added services in pet transporting to avoid separation anxiety in companion animals, along with high demand for luxury accommodation services for pets is expected to create opportunities for growth in the market,” says an FMI analyst.

Key Takeaways:

The U.S. is expected to spearhead the North America pet transporting service market over the forecast period.
The U.K. will account for a dominant share in the Europe pet transporting service market by 2032.
Consumers are preferring online channels for booking domestic and international pet transporting services.
The demand for pet transporting services for domestic travel is expected to remain high.
Leading companies are relying on social media platforms like YouTube, Facebook, Instagram, for the promotion of transporting services.

Competition Landscape

Leading players operating in the global pet transporting service market are Happy Tails Travel Inc., Pet Flight Inc., Worldwide Animal Travel, Air pets International, Animal Travel Services, Royal pews Blue Collar Pet Transport, Animals Away and others.

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Future Market Insights, in its new offering, provides an unbiased analysis of pet transport service market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the pet transport service market based by travel type (domestic travel, international travel), by pet types (dogs, cats, birds, small pets, fish’s, rabbits, others), by booking mode (phone booking, online booking, offline booking) by region (North America, Latin America, Europe, South Asia, Oceania, MEA

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Pet Transporting Services Market by Category

Pet Types:

Dogs
Cats
Birds
Smalls Pets
Others

Travel Type:

Domestic Travel
International Travel

Booking Type:

Phone Booking
Online Booking
Offline Booking

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

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Frequently Asked Questions

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Sodium Reduction Ingredient Market Size, Share & Covid-19 Impact Analysis, 2022 – 2032

The global sodium reduction ingredients market is gaining momentum for growth and is expected to achieve a market value of USD 5,500 Mn in the year 2022, with a CAGR of 5.8% expected to reach a considerable market value of USD 9,665.4 Mn in the assessment year of 2022 to 2032. Even as the food industry grows, customers’ sodium intake climbs, especially in the packaged food category. Manufacturers are offering goods that are both flavourful and healthful, yet lower in sodium, to combat this excessive consumption.

Key Takeaway:

Mineral salts are likely to be a fast-growing market in a number of places during the next several years. Sodium reduction ingredients are likely to be in a growing market in the baking and confectionery industries, as well as the poultry and meat industry.
The sodium reduction ingredients market in India is expected to grow at a CAGR of 5.7 % over the forecast period of 2022 to 2032.
In Mexico, higher sodium or salt consumption has resulted in a number of health-related deaths, including cardiovascular disease, strokes, stomach cancer, osteoporosis, and renal disease. This is the major reason for the high demand for sodium reduction ingredients and the rapid growth of the market segment
Through the years 2022 and 2032, the sodium reduction ingredient segment of the United Kingdom is predicted to grow at a CAGR of 2.2 percent, reaching a market value of USD 375.1 million.

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“Sodium reduction ingredients are likely to be in high demand in the bakery and confectionery industries, as well as the livestock and meat industry. Mineral salt is the most significant component type in the global Sodium Reduction Ingredient market, accounting for a major portion of the market in the year 2018. This is due to factors such as extensive availability, high functional benefits, and a cost that is competitive with other components. Natural sodium-lowering ingredients such as yeast extract, are also growing at a faster rate,” says a Future Market Insights Analyst.

Future scope for market growth

The difficulty of drastically decreasing sodium in packaged foods while remaining clean-label & natural has been resolved with the development of innovative products that incorporate natural vegetable extracts, sea salt, or mineral salt. With technological advancement Manufacturers gain the advantage of formulating lower sodium in products such as sauces, pastries, soups, and other packaged meals as a result of the development of these items. Mineral salts can help to lessen the health risks associated with excessive sodium consumption. Food manufacturers employ yeast extract, a sort of specialist yeast product, to reduce sodium levels in their goods by up to 20-30 percent. Chips and salty foods have a lot of potentials now that people are gravitating toward healthier snacks and foods.

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

Segmentation for Sodium Reduction Ingredient Market

By Application:

Snacks
Frozen food
dips/ Sauce/dressings
butter/ Cheese
Bakery food
Others (breakfast cereal, baby food, and beverages)

By Ingredients:

Mineral blends
- Potassium sulphate
- Magnesium sulphate
- Calcium chloride
- Potassium lactate
- Potassium chloride
Amino acid
Yeast extract
Others (trehalose, hydrolyzed vegetable protein, and nucleotides)

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

The report covers exhaustive analysis on:

How much is the Sodium Reduction Ingredient market currently worth?
At what CAGR is the market expected to grow?
What are the key trends boosting Sodium Reduction Ingredient sales?
How are market players reacting to the new developments in the market?
How much share do the top 3 companies hold?
Which are the major countries driving demand for Sodium Reduction Ingredient?
Who are the major players in the Sodium Reduction Ingredient Market?
At what rate will the U.S. Sodium Reduction Ingredient market grow?
At what level does the report reflect pricing analysis?

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Frequently Asked Questions

How much is the Sodium Reduction Ingredient market currently worth?
At what CAGR is the market expected to grow?
What are the key trends boosting Sodium Reduction Ingredient sales?
How are market players reacting to the new developments in the market?
How much share do the top 3 companies hold?
Which are the major countries driving demand for Sodium Reduction Ingredient?
Who are the major players in the Sodium Reduction Ingredient Market?
At what rate will the U.S. Sodium Reduction Ingredient market grow?
At what level does the report reflect pricing analysis?

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Citrus Flavours Market Size, Share, Trend, Register Exponential Growth, Business Opportunity, Key Players Throughout 2022-2032

The citrus flavors market worth is expected to total US$ 2,977.1 Million in 2021, according to Future Market Insights (FMI) study. The study also projects the citrus flavors demand to surpass US$ 4,931.5 Million by 2031, growing at a CAGR of 5.2% for 2021-31.

The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” has been used in the food industry for many years, but it is now used as a catchphrase to attract modern-day consumers. Clean label has now become the norm, with consumers demanding to know everything about the products, from their origins to their benefits. As a result of this trend, manufacturers are stepping up their clean label game and introducing more products with less complexity, greater transparency, and simplistic ingredients.

Key Takeaways from the Citrus Flavors Market Study:

The Europe lead in terms of market size and account for 25.3% of the global citrus flavors market in 2021. A significant number of consumers in Europe have developed an interest in purchasing clean label food products, which provide a diverse range of naturally derived ingredients, thereby driving demand for citrus flavors. Manufacturers are offering products free of artificial flavorings and gradually shifting toward natural ingredients in order to meet the growing demand for citrus flavors.
Consumption of citrus flavors is more in powder form than liquid as it is has increased demand from various end use industries applications such as bakery & confectionery, dairy products, and powdered beverages. The powder form of citrus flavors is accounted for a market share of 57.6% in 2021 of the global market.
In application segment, beverages segment is accounted for significant share of 55% of the global citrus flavors market, which is also expected to witness lucrative growth rate of a CAGR 4.7% during the forecast period (2021-2031).

“Gone are the days when consumers made decisions based on what companies told them; now is the time of the modern-day smart consumer, who makes decisions based on the trust of their consumer peers rather than marketing gimmicks. Smart consumers today expect a premium experience from their products, whether in terms of presentation or taste. Convenient-innovative-and-sustainable packaging, vibrant colors, fortified-enriched ingredients, a strong label game, and exotic flavors are expected to capture the attention of consumers.” Said a lead analyst at FMI

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Pervasive digitization of the path to purchase and last-mile delivery

The convergence of artificial intelligence and flavor science is expected to transform the global food industry. Manufacturers are developing technologies that can predict flavor combinations, as well as tools that can add solutions to some of the food industry’s critical challenges, ranging from the “Internet of Food” to machine learning. Advances in the field will allow the food industry to drastically improve flavor formulation and product development. The use of a digital thread can enable the calculation of a product’s nutritional profile, the finalization of recipes in the lab, the monitoring of the entire supply chain, and the tracking of ingredient sourcing from different providers all the way to the consumer.

Multi-Sensory Experience

Customers are increasingly interested in having a multisensory experience when they consume food and beverages. Consumers prefer food products that are visually appealing, have a pleasant odor when opened, and provide a satisfying taste when consumed. Manufacturers are also demonstrating an interest in developing technological advances that focus on an understanding of the multisensory influences on flavor perception in order to improve the design of human–food interactions.

Among the sensory systems, visual and mouth feel are the most valued by consumers and have a significant impact on product selection. Citrus fruits have the widest range of taste variances of any fruit category. As a result, manufacturers are using citrus flavors in their products to catch the attention of consumers.

Who is winning?

Some of the leading companies offering citrus flavors are Givuadan SA, International Flavors and Fragrances, Symrise AG, Sensient Technologies Corporation, Takasago International Corporation, Firmenich SA, Dohler AG, Kerry Group, ADM, Mane Group, R.C.Treatt & Co. Ltd., Trilogy Ingredients Inc., Lionel Hitchen Limited, Citromax Flavors, Flavors Producer

To increase market penetration in untapped markets, major companies are implementing a variety of aggressive strategies, such as introducing innovative and clean label citrus flavors and partnering with and acquiring local manufacturers.

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Future Market Insights, in its new offering, provides an unbiased analysis of the citrus flavors market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the citrus flavors market based on form (powder, paste and liquid), by product type (natural and synthetic), and by application (sweet, dairy, savory, beverages and others) across seven major regions.

Summary:

The global citrus flavors market is primarily characterized by fragmentation, with a large number of tier 1 players, including multinational, regional, and local players. When compared to other regions, Europe, Asia Pacific, and North America have a relatively high concentration of citrus flavors manufacturers, with a 50-55% share. The market’s key players are focusing on developing better and more influential advertisements for these lesser-known and accepted products, specifically targeting the millennial population via the internet and various e-commerce platforms.

Citrus Flavors Market by Category

By Product Type:

Natural
- Orange
- Lemon
- Lime
- Grapefruit
- Mandarin/Tangerine
- Others (Blood Orange, Key Lime, Bergamot, etc)

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By Application:

Sweet
- Bakery
- Confectionery
- Breakfast Cereals
Dairy
- Yogurt
- Desserts & Ice-cream
Savory
- Soups, Sauces, & Condiments
- Prepared Food & Ready Meals
- Meat, Poultry & Seafood
- Seasoning Blends
- Savory Snacks
Beverages
- Juice Drinks & Mixes
- Carbonated Beverages
- Flavored Water
- Alcoholic Beverages
Others

By Form:

Powder
Paste
Liquid

By Region:

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

Frequently Asked Questions

How much is the citrus flavors market worth?
What is the demand outlook of the citrus flavors market?
What was the citrus flavors market CAGR for the last 5years?
What are the key trends of the citrus flavors market?
What is driving the demand of the citrus flavors market?
What is the share of the top 5 players in the citrus flavors market?
What are the top countries driving demand for citrus flavors?
What is the North America citrus flavors market outlook?
At what rate is the citrus flavors market going to register growth in Europe?
Which countries are the key producers in the citrus flavors market?
What are the key citrus flavors market statistics in Korea and Japan?

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