Fish Protein Isolate Market 2022 Growth, COVID Impact, Trends Analysis Report 2030

The global fish protein isolate market size is expected to reach US$ 1.1 Bn by 2030. According to a recent study by Future Market Insights (FMI), the market will surge at 7.3% CAGR between 2020 and 2030. According to the report, increasing health awareness and growing preference for processed food/diet with low fat, sugar, and salt content among consumers are factors expected to encourage companies in the food sector to review current marketing practices and adopt new techniques to increase their revenue share in the market.

This report includes in-depth insights into the fish protein isolate market. Some of these are:

  • The estimated value of the market is at US$ 565.7 Mn in 2020
  • Various companies are increasingly entering the fish protein isolate market in Asia Pacific in order to capitalize on the prevailing opportunities in the region
  • Rising consumption of seafood has contributed to  the growth of the fish protein isolate market
  • Additionally, companies are focusing on marketing their fish protein isolate products with clean label certification to attract customers and retain the existing ones.

“The nutritional profile of fish protein isolate is makes it highly desirable for application in various products. Manufacturers are focusing on implementing advance technology in packaging due to which the shelf life of fish protein isolate is improving. Furthermore, they are successfully launching unique products using fish protein isolate, which will create growth opportunities for the market” says an FMI analyst.

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Despite Focus on Healthy Eating Habits, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Factors such as changing lifestyles and eating habits are expected to fuel the demand for convenience and processed foods. Improving living standards especially in emerging economies, is fuelling the demand for fish protein isolate in the form of capsules or protein bars. Consumption of supplements that contain fish protein isolate is becoming quite popular in Europe and is significantly high among consumers in countries such as the U.S. and Canada.

Globally, the number of COVID-19 patients are increasing rapidly. As the pandemic crosses one grim milestone after another and in the absence of proper treatment or vaccinations consumers are likely to look for immune-boosting options. They demand for products with higher nutritive value and health benefits will rise, creating an environment conducive to the growth of the fish protein isolate market.

Plant-Based Protein Market by Category

By Product Type:

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others

By Form:

  • Isolates
  • Concentrates
  • Hydrolysates

By Nature:

  • Organic
  • Conventional

By Application:

  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Bakery
  • Snacks & Cereals
  • Dairy
  • Confectionary and Dessert
  • Beverages
  • Animal Feed
  • Others

By Region:

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

Who is winning?

Few of the leading players operating in the fish protein isolate market are Omega Protein Corporation, Titan Biotech Limited, Peterlabs Holdings Barhad, A. Costantino & C. s.p.a, Sopropeche S.A., Mukka Sea Food Industries Private Limited, Bio-Oregon Protein, Inc., FF Skagen AS, Diana Aqua, TripleNine Group A/S and other players.

These companies are focusing on mergers and acquisition to expand their business footprints and to increase their production capacity. Leading players are investing in research and development to produce innovative products using fish protein isolate.

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Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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:

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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CBD Gummies Market Size & Share, Segmentation, Growth Opportunities, Regional Analysis 2022-2032

The global CBD gummies market is set to witness an impressive growth rate of 29% over the projected years of 2022 to 2032. The CBD gummies market size is anticipated to reach a valuation of around US$ 7,270 Million by the end of year 2032 from the current valuation of US$ 715 Million in 2022.

The CBD market has been growing rapidly in recent years, as people have become more interested in the potential benefits of CBD. CBD gummies are a convenient way to take CBD, and they come in a variety of flavours making it more popular among the mass of today.

Canberra was the first Australian city to legalize cannabis for personal use, possession, and cultivation of small quantities. The Therapeutic Goods Administration (TGA) is actively pursuing a safety review of CBD at lower concentrations based on which the Australian health authorities could relax the scheduling status of CBD and possibly make it available in low doses over the counter soon. This started the trend and contribute to the demand uptick of CBD products in the market favouring the sales of CBD gummies worldwide.

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When it comes to CBD, there is no such thing as one size fits all. This is especially true when it comes to the various consumption methods available. Some people prefer vaping CBD oil, while others might enjoy using a tincture. All in all the CBD gummies and other products are getting higher traction these years with growing awareness about such products.

So far, the reaction to CBD gummies has been mixed. Some people love them, while others find them too sweet or artificial-tasting. However, with more and more people trying out CBD products, it’s likely that the CBD gummy market would continue to grow.

Key Takeaways from CBD Gummies Market Study

  • The overall growth of the global CBD gummies market is estimated to be around US$ 6.5 Billion over the forecast years through 2032, by experiencing the astounding CAGR of 29%.
  • On the basis of different product types high CBD concentrated gummies are figured out to have acquired almost 28.2% of the total sales achieved last year.
  • For the distribution and sales of CBD gummies the conventional segment is the major contributor by contributing for nearly 54.6% in the last few years.
  • North America CBD gummies market leads all the broad geographical regions with United States having a total share of almost 42% in the global market.
  • Asia Pacific CBD gummies market is the fastest growing market with recent developments and adoption

Competitive Landscape for the Global CBD Gummies Market

Most companies in the market are focusing on getting certifications from international organizations such as Possession of Certificate of Analysis (COA) to gain a competitive edge. Key companies and brands assessed and profiled in the report for the global CBD Gummies market are:

Growing Americas CV Sciences, Charlotte’s Web, Verma Farms, PureKana, Dixie Brands Inc., Premium Jane, Kushie Bites, Sunday Scaries, Hemp Bombs, Reliva CBD Wellness, etc. And, in Europe some of the prominent market includes CBD Oil Europe, Medterra, Balance CBD, CBDfx, CBD Pure, etc.

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Recent Developments in the Global CBD Gummies Market:

To acquire a competitive edge over its rivals, CBD businesses have been putting numerous growth plans into practice, including mergers and acquisitions, the launch of new products, and an increase in manufacturing capacity. For illustration, CV Sciences, Inc. debuted its Happy Lane product line in August of the year 2020.

Key Segments of the CBD Gummies Market

Product Type:

  • High CBD Concentrated Gummies
  • CBD isolate Gummies
  • Broad-spectrum CBD Gummies
  • Full-spectrum CBD Gummies

Sale Channel:

  • Conventional Distribution Channel
    • Supermarket/ Hypermarket
    • Head shops/
    • Smoke shops
    • Local health stores
    • Others
  • Online Retailing

By Packaging:

  • Pouches
  • Bottles
  • Jars
  • Tins
  • Others

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Table of Content

1. Market Overview

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. The Massive Impact of the Crisis

    2.1. Global CBD Gummies Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2022-2026) and Long Term (2027-2032)

        2.1.1. Optimistic Scenario

        2.1.2. Likely Scenario

        2.1.3. Pessimistic Scenario

    2.2. Key Factors Impacting the Market

    2.3. Note: Market Assessment shall be Provided for Likely Scenario

3. Market Dynamics

    3.1. Drivers

        3.1.1. Supply Side Drivers

        3.1.2. Demand Side drivers

        3.1.3. Economic Side Drivers

    3.2. Restraints

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Frequently Asked Questions

  • What factors are driving the demand for CBD gummies?
  • Which are the countries tapped by companies for new growth opportunities?
  • Which is the major restraint hampering the growth of the market?
  • How is competition evolving in CBD Gummies 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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Watertight Doors Market will Exhibit a Steady 6.3% CAGR through 2031-end

Watertight doors market witnessed sales of nearly 77,570 units by 2021 and is poised to register year on year growth of 6.3% by 2031-end. As per a study by Future Market Insights (FMI), buoyancy of the global watertight doors market can be attributed to-

  • Optimistic outlook of coastal and marine tourism
  • Surging rate of ocean-based activities
  • Rising focus on ship repair and maintenance
  • Flourishing seaborne transportation and trade

The watertight doors market worth will reach US$ 311 Mn in 2021, as per Future Market Insights (FMI) analysis. FMI projects sales of watertight doors to rise at a compound annual growth rate (CAGR) of 6.3% between 2021 and 2031.

Amid soaring competition, the top five players comprising, MML Marine Limited, REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o., AdvanTec Marine, Westmoor Engineering Ltd., SeaNetGroup are expected to account for 10% of watertight doors market in 2021.

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Federal initiatives to promote marine safety have worked in favour of high-scale production of marine components, such as watertight doors. For instance, the Government of Canada is introducing additional measures for enhancement of navigation safety and emergency response in the Canadian waters.

The measures were presented in the form of an official announcement and acknowledged as a part of Canada’s ‘Oceans Protection Plan’. On 14th June 2018, the U.S. Coast Guard announced two workforce initiatives in line with the ‘Marine Safety Program’. Particulars as such provide enough credence to the promising outlook of watertight doors market in 2019 and beyond.

“Investments in various forms of sustainable tourism, including coastal and marine tourism, is underway. This, in turn, has resulted in augmented production of marine vessels and associated components for safety, such as watertight doors. Rising vigor of ocean-based industries, such as offshore exploration and production, is supporting growth of offshore marine vessels and related components, including watertight doors”, says an analyst at FMI.

The report opines cruise ship revitalization and overhauls to be a prominent trend with profound influences on sales of watertight doors. The increasing demand for upgrading older ships by including advanced amenities and components is complementing the growth of building and repair activities, favouring high-scale production and sales of watertight doors.

As per the report, installation of hinged watertight doors is proliferating at an impressive rate, with global sales likely to cross 71,000 units in 2019. Robust watertight seal withstanding adverse conditions remains a key USP enhancing the visibility of hinged watertight doors over the sliding variants.

According to the report, end-users remain biased toward hydraulic as a viable source over electric ones in the watertight doors landscape, with global sales estimated to exceed 71,348 units in 2019. Hydraulic watertight doors have been traditionally employed in commercial and military vessels alike, owing to their attribute of greater power delivery through smaller force. Additionally, relatively higher control accuracy in light of simple push buttons and levers employed, and economic benefits owing to fewer moving parts equipped, are key demand determinants of hydraulic watertight doors.

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Manufacturers Seek Approvals From Renowned Organizations To Boost Credibility

The manufacturing framework of watertight doors witnesses major reformations in the light of evolving environmental concerns. Manufacturing companies are switching to sustainability-driven approaches, wherein production processes and value creation for the environment remain closely associated. Manufacturers of watertight doors are seeking approvals from prominent organizations providing marine classification, such as International Association of Classification Societies (IACS), to boost consumer confidence and get repeat sales

Leading manufacturers of watertight doors are vying to offer distinguishable products to gain competitive advantages amid homogeneous competitors, which will help them strengthen their brand equity. Sensing the end-user shift toward high convenience and superior functionality, manufacturers of watertight doors remain focused on offering maintenance free and easy-to-install products for seamless operations on board.

According to the report, the leading manufacturing companies are reinvigorating their technical know-how with high investments in research and development. This, in turn, is fostering their capabilities in terms of offering an ideal amalgamation of intelligent designs, enhanced longevity, and improved usability. Moreover, manufacturers are incorporating industry best drive systems in their products to offer reliable and safe products bolstering end-user convenience. As per FMI analysis, the industry giants remain involved in strategic collaborations with shipyards for seamless supply, which helps them boost their profit margins.

Watertight Doors Market: Segmentation

Product Type:

  • Hinged Watertight Doors
  • Sliding Watertight Doors

By Source:

  • Hydraulic Watertight Doors
  • Electric Watertight Doors

By Type of Vessel:

  • Commercial
  • Oil & Chemical Tankers
  • Bulk Carriers
  • General Cargo
  • Container Ships
  • Gas Carriers
  • Offshore Vessels
  • Passenger Ships & Ferries
  • Mega Yachts and Other Vessels
  • Military

By Region:

  • America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

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The FMI report traces brimming opportunities in the watertight doors market for the forecast period of 2021-2031. As per the report, the watertight doors market is envisaged to grow at a volume CAGR of over 5.5% through 2031.

Key Points Covered in Watertight Doors Market Research

  • Market Estimates And Forecast 2021 – 2031
  • Key drivers and restraints impacting the market growth
  • Segment wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on watertight doors Market And How to Navigate
  • Recommendations on Key Winning Strategies

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Poultry Feed Market | Potential growth, attractive valuation make it is a long-term investment 2022-2032

The global market value for global poultry feed grew at a CAGR of roughly 3.5% over the last half-decade and is currently valued at US$ 111.3 Billion for the year 2022. According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the global poultry feed market is expected to reach a market valuation of US$ 225.7 Billion by the year 2032, accelerating with a CAGR of 5.5% by 2022-2032.

As the world population continues to grow, the demand for poultry products is expected to rise. The increasing popularity of poultry meat and eggs as healthy protein sources is driving the growth of the market.

In addition, rising disposable incomes in developing countries are providing a boost to the market. Consumers in these countries are increasingly able to afford chicken and eggs, which has led to a shift in dietary preferences away from plant-based proteins toward animal-based proteins. This trend is providing opportunities for feed manufacturers to expand their operations in developing countries.

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The use of genetically modified organisms (GMOs) in poultry feed is also expected to drive growth in the market. GMOs can improve feed efficiency and help producers reduce costs.

Key Takeaways from Market Study

  • Future Market Insights (FMI) forecasts the poultry feed market to surpass US$183.62 Bn in 2020
  • Elevated levels of poultry feed and nutrition will be required in high potential countries of Asia, particularly to meet the burgeoning demand for poultry products among consumers
  • According to FMI, East and South Asia will collectively exhibit a 1.5 times higher rate of growth than the rest of the world
  • Implementing the latest technologies such as Nutrigenomics to help animals reach their genetic potential is one of the key strategies adopted by market players 

There is a paradigm shift in various countries towards monogastric production, with poultry and pigs accounting for the dominant percentage. This has led to the elevated demand for poultry feed to support the growing population,” says a lead analyst at Future Market Insights.

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Competitive Landscape

The poultry feed industry has been growing in recent years as demand for poultry products has increased. This is good news for the industry, as it provides a strong foundation for continued growth. In particular, the branded feed market is growing at a fast pace. This is due in part to the fact that consumers are becoming more educated about the importance of quality feed and are looking for brands they can trust.

This trend is being driven by several factors, including the increasing popularity of organic and free-range poultry products. Consumers are looking for ways to reduce their exposure to harmful chemicals, and they believe that better-quality feed leads to healthier animals. They also appreciate the fact that branded feeds often come with guarantees of quality and safety.

As the poultry feed industry continues to grow, we can expect to see even more innovation in this space. Feed companies are the lifeblood of the poultry industry. Many different types of feed are used in poultry production, but the most common are corn, soybean meal, and rice. A wide variety of ingredients are blended with these basic ingredients to make specialized poultry feeds.

The three largest feed companies in the world are ADM, Cargill, and Bunge. They control a large percentage of the market for poultry feed. These companies have a global presence and supply poultry feed to producers all over the world.

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

The study divulges compelling insights on the Poultry Feed based on Product Type (Layers, Broilers, Turkeys), Feed Type (Corn, Wheat, Barley Others), Distribution Channel (Supermarkets, Convenience Stores, Specialty Food Stores), Nature (Organic and Conventional), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Poultry Feed Market by Category
By Livestock:

  • Layers
  • Broilers
  • Turkeys

By Nature:

  • Conventional
  • Organic

By Feed Type:

  • Corn
  • Wheat
  • Barley

By Form:

  • Granules
  • Pellets
  • Powder

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

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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

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Allergen Free Food Market Huge Demand in COVID-19: Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2030

The global allergen free food market size is anticipated to reach US$ 75.67 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market is expected to depict a strong positive growth trajectory at 8.6% CAGR between 2020 and 2030.

As per FMI report, the global allergen free food market is estimated to surpass the valuation of US$ 46.4 Bn by the end of 2020. The industry is well positioned to register at least 4% higher growth rate than the overall food & beverage sector.

The combined attribute of behemoth size and rapid growth has captivated leading companies in global food & beverages sector as well as new entrants. This has created perplexed consumer preferences, and brands experience challenge in creating a differentiator in the global allergen free food market.

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It includes in-depth insights into the allergen free food market. Some of these are:

  • The estimated value of the market was at US$ 31,967.7 Mn in 2020. Through the course of the report’s forecast period, the market is projected to show an exceptional pace of growth.
  • North America accounts for a dominant share in the allergen free food market. Europe also holds a sizable market share. East Asia is bound to offer business opportunities to emerging market players.
  • Key players are likely to focus on product innovations and manufacturing technologies to widen their reach in emerging markets.
  • Digital advertising and adoption of online sales channel to attract the millennial and Gen Z consumers are some of the key strategies of market players.

“The demand for allergen free food is expected to rise amidst the COVID-19 outbreak as consumers are striving to maintain a strong immunity to tackle the disease. Furthermore, revival of world economy would also result in increase of per capita income, which in turn will give impetus to market,” said a lead analyst at FMI.

Growing Health and Wellness Trend and Rise in Food Fortification will Drive Growth

Consumers have become quite health conscious and majority of them spend a significant portion of their disposable income on fitness and well-being. They have also become increasingly aware that along with exercise, a proper diet is necessary to achieve physical fitness.

Food fortification is enrichment of everyday foods with essential proteins, vitamins, and minerals. Consumer preference for such foods is a result of various factors such as rising incidence of lifestyle-related diseases and weight management.

High protein foods aid in maintaining consumer health. Gluten-free bakery products and snacks comprising protein and vitamin ingredients are gaining popularity among consumers. Thus, the trend food fortification is rising, which will in turn support the expansion of the allergen free food market.

The demand for organic food products is rising at a higher pace than supply, creating a gap between the demand and supply of organic food. Consumers are looking for produced without the use of any kind of fertilizers, pesticides, and chemical processing. Such farming and manufacturing practices are linked to deterioration of human health and environment.

The organic vegetables and fruits market happens to be the fastest growing one in the global food market. This is indicative of rising prospects for the sales of preservative-free, GMO-free and other allergen free food products.

Who is Winning?

Some of the key players operating in the allergen free food market are Abbott Laboratories, Nestle SA, Danone SA, General Mills, Kellogg Co., Kraft Heinz Company, Mead Johnson Nutrition Company, and Boulder Brands,  Inc.

Due to the increasing competition, manufacturers are focusing on product portfolio expansion and improving product traceability. Besides this, some of the leading companies are focusing on entering into collaborations with regional/local manufacturers in the growing markets.

Get Valuable Insights into Allergen Free Food Market

Future Market Insights, in its new report, presents an unbiased analysis of the global allergen free food Market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of type, the market can be segmented into salad dressing, & mayonnaise. Based on applications, the market can be classified into food service, home-usage, and industrial. Regionally, the market can be segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

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Allergen Free Food Market Outlook & Key Findings

  • FMI forecasts the market for allergen free food  to grow at an impressive 8.6% CAGR between 2020 and 2030
  • Weaker brick & mortar retail inventory in first half of 2020, pushed consumers to online stores, which witnessed over 60% amplified demand for allergy-friendly food products
  • Ad Spend in the first half of 2020 on three leading social media platforms increased by an average of 32% by top 50 brand, comparing against the first half of 2019
  • Consumers evaluated brand familiarity, labelling and price of at least three brands before making the final purchase decision, revealed in Buyer’s Journey section of the FMI report
  • Surprisingly, peanut free products were among top three sought after allergen free food product categories, apart from gluten free, dairy free
  • Finding niches and frequent product launch are strategic priority of new entrants in the market, whereas established brands leverages on existing portfolio

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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Fire Trucks Market Value to Reach US$ 6,860.3 Mn by 2027 | FMI

According to Future Market Insights (FMI), the fire truck market will expand by 3.0% year over year in 2022, reaching a value of over US$ 6,860.3 by the end of the year.

With surging industrial safety concerns and frequently evolving safety regulatory guidelines, fire trucks continue to witness significant technological innovation. To cater to stringent norms set by the US NFPA (National Fire Protection Association) and other government affiliated entities, manufacturers of fire trucks are focusing on equipment upgrade – translating into demand growth in the fire trucks market.

Below 4% Y-o-Y Forecast for Fire Trucks Market Revenue in 2022

The global fire trucks market has been witnessing emergence of specialized fire trucks in recent past, which is foreseen to be an important factor contributing to market growth. However, the approximately US$ 5 billion global landscape of fire trucks is projected for a sluggish below 4% yearly growth rate in 2022 and ahead. A new market intelligence on global fire trucks landscape forecasts a passive growth outlook for the market. High initial capital and relatively low penetration rate are prominently posing a challenge to the market growth, as indicated by the report.

A senior market research analyst adds further, “Even though the fleets of fire trucks are aging, they are not being replaced by the new ones at a considerable pace. While this is straightaway hampering the sales of new fire trucks, the entire scenario ultimately results in limiting the revenue growth of global fire trucks market. This is foreseen to be the situation in the long run, if the same continues over coming years”.

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Improving Scope of Rescue Fire Trucks to Uplift Market in Developing Regions

Developing regional markets, experiencing dramatic advancements in construction and infrastructure industries, are compelling various governmental and non-governmental bodies to impose strict regulatory and administrative codes. This, according to the report, will remain the key factor propelling demand for fire trucks across emerging economies, in coming years.

More than 55% sale of fire trucks is accounted by adoption for residential and commercial end use applications, followed by that in enterprises and airports. While the rampant expansion of construction industry is cited responsible for catering to the demand for fire trucks in residential and commercial sectors, developed regional markets are presumably driven by consistently progressing interest in adoption of the cutting edge technologies enabled fire mechanical assemblies and equipment. The report thus highlights relatively high rate of fire trucks purchase across economies such as the US, UK, France, and others in North America and Europe.

While Europe and North America remains the global manufacturing and operational hubs for key manufacturers of fire trucks, the report projects a strong possibility of developing regions serving significantly in reshaping the entire competitive scenario of fire trucks market. A large number of SMEs in the fire trucks space are rapidly shifting their manufacturing bases to progressing economies – including China, India, Russia, Brazil, and ASEAN countries, to capitalize on the inexpensive labor costs and lucrative opportunities arising in the residential and commercial segments. The report says that over the next few years, Latin American market for fire trucks is likely to witness emergence of Brazil and ROW as production hubs for fire truck manufacturers.

The demand for rescue fire trucks is slated to sustain in airports to cater to soaring terminal security demands. Research also points to sustained sales of ARFF (aircraft rescue firefighting) vehicles for rescue operations at airport terminals. With a significant upsurge in air traffic and a considerably increasing number of airlines as a global level, it is more likely that the fire trucks demand at airports would be sustained over coming years.

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Over 50% Market Value Share Belongs to Seven Leading Players

The top seven players in fire trucks marketplace account for more than half of the total market value, as indicated by research. The prominent companies competing in this fairly consolidated landscape are investing in strategic acquisitions and collaborations in an effort to reaffirm their market positioning.

Long-term contractual deals for reliable supply of specialized fire trucks are likely to strengthen strategic relationship between market leaders and key distributers. Expanding existing fire trucks portfolio, with maintaining the focus on novel technological innovations, leading manufacturers and suppliers of fire trucks that are actively operating across the global value chain are projected to prioritize fire trucks and equipment upgrade.

Although pumpers and tankers contribute majorly to total sales of fire trucks at present, the report indicates growing demand for aerial platform fire trucks and rescue fire trucks – likely to shape competitive manufacturing strategies of key manufacturers in the market. In the backdrop of the rate of natural calamities occurred in recent past, it is more likely that rescue fire trucks would experience growing demand.

Fire Trucks Market: Segmentation

On the basis of product type, the global fire trucks market has been segmented into:

  • Pumpers
  • Tankers
  • Rescue Fire Trucks
  • Aerial Platform
  • Other Speciality Trucks

On the basis of end users, the global fire trucks market has been segmented into:

  • Enterprise & Airports
  • Residential & Commercial Buildings
  • Military
  • Others

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Key Questions Answered in the Report

  • How has the Fire Truck market evolved in the past four years?
  • What shape is the Fire Truck market expected to take, in terms of value and volume, during the forecast period?
  • What are the dominant market dynamics in the Fire Truck market?
  • How is the competition landscape at the moment and what are some of the trends in the Fire Truck market?
  • What are some of the underlying macroeconomic and industry factors impacting the growth of the Fire Truck market?

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Plant-based Yogurt Market Covering Gross Margin, Market Share and Revenue from 2022-2030

The vegan and flexitarian population is increasing rapidly across the globe. Plant-based yogurts are being perceived as more sustainable and better for the environment as compared to dairy-based yogurts. Plant-based yogurt products are either made from the nut-based milk or cereals, legumes, or seeds based milk.

Nutritional value remains a key factor encouraging the purchase of plant-based yogurts; hence, customers tend to be more on the lookout for ingredients they don’t want in their food. This includes excess sugar or chemical-sounding ingredients. Manufacturers of plant-based yogurt are conducting various researches for the innovation in flavours, taste, and texture. They are making yogurt from several new bases, such as hemp or oat to exclusive flavours like mango and blueberry.

These yogurts are gaining traction in the plant-based food industry, leading to the market’s well-positioned growth.

In 2019, Springfield Creamery, Inc. based in Europe launched oatmilk plant-based yogurt, which is gluten-free and delivers billions of probiotics per serving, the product contains 30-50% less sugar than competitors brands. In 2016, Anita’s Yogurt based in U.S. launched plant-based coconut milk yogurt with three flavours such as mango, blueberry and plain. All the products are free of added sugar, preservatives or additives.

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The FMI study delves deeper into the prevailing dynamics to offer interesting insights into the plant-based yogurt market. Some of these are:

Plant-based yogurt is available in many flavours such as vanilla, blueberry, raspberry, strawberry, and peach among others. The strawberry flavor is expected to grow at a highest CAGR of 14.7% over the forecast period. Europe and North America are expected to remain the dominant markets for plant-based yogurts. Acquisitions and partnerships by big giants will give significant impetus to the plant-based yogurt market across these regions. Consumers are seeing organic plant-based yogurts as a nutritious and healthy option to conventional yogurts. Organic plant-based yogurts are expected to witness high CAGR of 13.1% over the forecast period.

Consumers are becoming more aware of healthier ways of living. As a result they prefer eating healthy and spending more on functional food than to spending on medical treatments. Increasing focus on health and wellness among consumers due to COVID-19 outbreak is expected to provide pace to plant-based yogurt market over the forecast period.

“Plant-based diet is trending and manufacturers are capitalizing on this opportunity by offering delicious plant-based yogurts in the market. The plant-based yogurt is becoming a promising alternative to conventional yogurts and are likely to witness significantly high demand in the coming years. Manufacturers are focussing on product quality, product innovations, and consistent product availability. They are also partnering with various retailers to make their products available across the world.” said a lead analyst at FMI

Increasing Demand for Plant-based Products Boosts Growth Prospects 

Plant-based yogurts are manufactured from sources such as legumes, seeds, nuts and grains, especially from soy, coconut, almond, and oats, which are all plant-based. Since the demand for plant-based ingredients and products is skyrocketing in the food and beverage industry, the non-dairy yogurt market is expected to witness significant growth.

Besides this, the increasing incidences of health issues associated with dairy products, increasing vegan and flexitarian population, and growing concern about animal welfare is leading to increasing market prospects for plant-based yogurts.

According to the Plant-based Food Association, in 2019 plant-based yogurts generated maximum sales in U.S. than other plant-based products such as milk, cheese, and butter among others. According to a Forbes report, animal milk and dairy products sales are declining rapidly with almost 11% drop as predicted in sales between 2015 and 2020.

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Market Segmentation

The global plant-based yogurt market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Nature

Conventional Organic

Product Type

Cereal Type Oat Rice Corn Spelt Legume Soy Pea Peanut Lupin Chick Pea Nut Almond Coconut Hazelnut Pistachio Walnut Cashew Pili Nut Seed Sesame Flax Hemp Sunflower Pseudo Cereal Quinoa Teff Amarnath Cassava

Flavour

Regular Vanilla Strawberry Blueberry Cherry Peach Raspberry Coconut Coffee Others

Price Range

Economic Mid-Range Premium

Sales Channel

Food Service Retail Modern Trade Convenience Stores Specialty Stores Discounters Independent Small Groceries E-commerce Others

Global

North America Latin America Europe East Asia South Asia Oceania MEA

Who is winning?

The plant-based yogurt market is consolidated with ~70%of its share belonging to tier 1 players. Although several new manufacturers have entered in the market, largest share of the market remains with top manufacturers, mostly belonging from the Europe and U.S. Manufacturers are engaging in increasing their product portfolio by expanding their operations to other regions by strengthening their distribution channels.

Furthermore, multinational companies are focusing on expansion of their manufacturing facilities, partnerships, and acquiring local players that would complement their product offerings.

In 2018, The Oatly AB opened its first production plant in U.S. to offer dairy-free products made from oats such as Oatgurt Natural, Oatgurt Vanilla, and Oatgurt Blueberry Raspberry among others to increase its revenue. In 2019, Valsoia S.p.A made a partnership with Nordic food to distribute its plant-based products in Europe. Nordic Foods will distribute 34 products in Romania through hypermarket and supermarket chains. In 2017, Danone S.A. acquired WhiteWave Foods to expand its plant-based product portfolio and strengthen its position in the U.S. plant-based product market.

Get Valuable Insights into Plant-based Yogurt Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based yogurt market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on nature the market can be segmented into conventional and organic.

In terms of flavour, the market can be segmented into regular, vanilla, strawberry, blueberry, cherry, peach, raspberry, coconut, coffee, and others. Based on product type the market can be segmented into cereal type, legume, nut, seed, and pseudo cereal. Based on price range the market can be segmented into economic, mid-range, and premium. Based on sales channel the market can be segmented into food service and retail. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

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Plant-based Yogurt Market Outlook & Key Findings

Future Market Insights (FMI) forecasts a positive outlook for global plant-based yogurt market and projects a CAGR of 10% between 2020 and 2030 Plant-based snacks will secure hot-selling tag as consumers tilt in favor of healthy and vegan diet Over 50% of plant-based yogurt produced last year was derived from nut, finds FMI Despite availability in various flavors, regular plant-based yogurt will remain consumer favorites, accounting for nearly one-fourth of the market Other factors cited by FMI includes rising prevalence of lactose intolerance and a strong desire to align one’s food choices with environmental sustainability

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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Automotive Exhaust Manifold Market Research, Segmentation, Key Players Analysis & Forecast By 2026

Future Market Insights (FMI) has forecasted the global automotive exhaust manifold market to grow with a year on year growth of 3.8% in 2022 reaching a value of about US$ 9.7 Bn by 2022 end. The exhaust manifold is an important part of automotive exhaust systems as it keeps hazardous exhaust fumes out of the vehicle and away from the occupants. The global market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026.

Apart from comprehensively studying the key dynamics shaping the growth trajectory of the global automotive exhaust manifold market, FMI study also offers in-depth segmental analysis, under several categories including material, product, engine, vehicles, fuel, and sales channel.

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Demand for clean and efficient transportation is increasing, given the environmental concerns, stringent regulations regarding carbon emissions and footprint reduction initiatives taken by several governments, globally, will predominantly drive the sales of automotive exhaust manifold systems, in the coming years, predicts FMI.

Material Advancements for Strong, Durable Automotive Exhaust Manifold Systems

Top companies operating on the global automotive exhaust manifold systems market are increasingly developing efficient, durable, and long-lasting exhaust systems for a better load bearing capacity of the engines. Advancements in science technologies (for materials) in manufacturing industries have allowed players to use newly developed materials such as alloys of stainless steel, making exhaust manifolds durable and robust under extreme pressure and temperature conditions, apart from making the vehicles much lighter.

In addition, companies are also innovating novel exhaust system technologies, in agreement with government regulations such as Euro 6C, China National Standard V and VI, Bharat Stage VI. FMI anticipates significant innovations in the automotive exhaust manifold systems market in view of such emission regulations.

Key Takeaways from Segmental Analysis

  • In terms of materials, automotive exhaust manifold systems made of cast iron will gain a significant market share of approximately 64 percent, through the forecast period of 2018-2026, given the material’s contamination resistance, thermal stability and the strength needed for consistently high levels of performance and durability in several automotive application.
  • However, stainless steel will gain a substantial market share, post 2022, as favorable properties such as corrosion resistance, good strength and aesthetics gain high preference.
  • On the basis of vehicle type, the passenger car segment will exhibit maximum adoption of exhaust manifold systems, holding more than three-fourth of the market value share by 2026.
  • In term of product type, log manifold will dominate the automotive exhaust manifold systems landscape, with approximately 85 percent market share, given the product’s longer life and efficient operations in real time working conditions.
  • With nearly 88 percent market share, inline engines will exhibit maximum installations of exhaust manifold systems, given the engine’s balance compared to V line counterpart because of the equal weight distribution.
  • Sales of automotive exhaust manifold systems, through OEM channel will contribute the maximum revenue, versus aftermarket fitments.
  • APEJ is projected to hold a notable share in the global automotive exhaust manifold systems market, given the increasing investments by car manufacturers in developing markets and an ever-expanding urban landscape in the region.
  • Eastern Europe automotive exhaust manifold systems market is also likely to witness substantial growth, with Germany and France at the fore.

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Overview of Automotive Exhaust Manifold Market Structure

The global Automotive Exhaust Manifold market is a highly consolidated one with major players such as Tenneco Inc., Faurecia SA, Katcon, S.A. De C.V., Bentler Group, Eberspächer Climate Control Systems GmbH & Co. KG, Futaba Industrial Co. Ltd, Sango Group, Friedrich Boysen GmbH & Co. KG., Sejong Industrial Co. Ltd., Westcast Industries Inc. and Yutaka Giken Company Limited accounting for significant share of the global Automotive Exhaust Manifold market.

Automotive Exhaust Manifold Market Segmentation

Sales Channel

  • OEM
  • After Market

By Material

  • Cast Iron
  • Stainless Steel

By Product Type

  • Log Manifold
  • Tubular Manifold

Engine Type

  • Inline
  • V Line

Vehicle Type

  • Passenger Car
  • LCV
  • HCV

Fuel Type

  • Passenger Car
  • LCV
  • HCV

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Key Insights from Competition Tracking

  • Competition in the automotive exhaust manifold systems market is projected to remain significantly high with top companies contributing nearly 60-70 percent to the market. The market for automotive exhaust manifold systems is anticipated to remain consolidated over the forecast period, as per FMI.
  • Demand and supply curve of automotive exhaust manifold systems is estimated to remain on the linear side, through the forecast period.
  • Key companies are diligently concentrating on increasing its production so that they are able to meet the global demand for automotive exhaust manifold systems.
  • Investments in research and development will increase, further driving the production of novel automotive exhaust components. Collaborative developments via a partnership with research institutes and industry players to pave the way for innovative products.
  • Key players are also projected to enter in joint ventures and acquisition for strategic positioning in regional markets, while also increasing their profitability and create growth opportunities.

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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CBD Oil Market Stakeholders With Covid-19 Impact Analysis: Top Industry Trends & Segments Forecast 2022-2031

Future Market Insights (FMI) predicts the sales of cannabid oil (CBD) oil market to total US$ 284.2 million by the end of 2021. As per the study, demand will continue rising, enabling the market to exhibit a compound annual growth rate (CAGR) of 31.50% annually, through 2031.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the CBD Oil Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2030.

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

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Key Players

CV Sciences, Medical Marijuana, Aurora Cannabis, Canopy Growth Corporation, Canntrust, Tilray, and Kazmira LLC are the top companies operating in the market.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Product Type:

  • Hemp Oil
  • Marijuana Oil

Application:

  • Pharmaceuticals
  • Food & Beverages
    • Gummies
    • Chewing Gums
    • Chocolate bars
    • Candies
    • Beverages
    • Dairy Products
    •  Bakery Products
    • Snacks
  • Cosmetics
  • Others

Distribution Channel:

  • Direct/B2B
  • Indirect/B2C
  • Hospital Pharmacy
  • Retail Pharmacy
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Online Retail
  • Others

 Region:

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

Queries Solved

  • What is the size of the overall CBD Oil Market in the Food and Beverage Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the CBD Oil Market in the Food and Beverage Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the CBD Oil Market in the Food and Beverage Market?
  • What is the CBD Oil Market in the Food and Beverage Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in CBD Oil Market in the Food and Beverage Market?
  • What are the recent trends in CBD Oil Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the CBD Oil Market in the growth of the Food and Beverage Market?
  • What are the key market trends impacting the growth of the CBD Oil Market in the Food and Beverage Market?

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Frequently Asked Questions

  • What is the current valuation of CBD oil market?
  • At what rate did the CBD oil market expand in the last five years?
  • What are the key trends shaping the CBD oil market?
  • What is the Demand Outlook for the CBD oil Market?
  • What is the North America CBD oil market outlook?
  • Who are the leading companies in CBD oil market?
  • What is the cumulative share of top companies in CBD oil market?
  • At what rate will CBD oil sales increase in Europe?
  • Which are the top five countries driving CBD oil market demand?
  • What are the key statistics for CBD oil market in South Korea?

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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Motorcycle Chain Sprocket Market Projected to Register 6.2% CAGR through 2027

Future Market Insights (FMI) has projected the global motorcycle chain sprocket market to grow with year-on-year value growth of 5.7% in 2022 reaching a value of about US$ 2,315.1 Mn by 2022 end.

Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.

A chain and sprocket are employed when the distance between shafts is higher than the gearing’s intended size. A bike uses a chain and sprocket because the specified distance between shafts makes gear-to-gear meshing difficult. The chain holds the wheel sprocket and transfers the engine power into forwarding speed by turning the wheel. The global motorcycle chain sprocket market is anticipated to witness a considerable value CAGR of 6.2% during the period of 2022 and 2027.

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Moreover, apart from ease of installations and servicing, lightweight feature of the chain sprockets will remain the most rewarding factor, thereby, increasing its installations in motorcycles. FMI forecasts that global motorcycle chain sprocket market revenues will reach approximately US$ 1.9 Billion, by 2019-end. The size of the market is based on estimates of the number of chain sprockets shipped, during the same time period.

“The global market for motorcycle chain sprocket continues to grow with increasing product and sales of motorcycle specifically in emerging markets, paradigm shift towards light weight vehicle components to control the automobile emission and increase the vehicle life, and flourishing aftermarket for motorcycle chain sprocket determined by factors, such as distance driven, number of vehicles in operation, and ownership time” Senior Analyst, FMI.

Electric Bikes and Tax on Luxury Items Continue to Strain Revenue

However, several government initiatives such as the introduction of electric bikes—aimed at controlling vehicular pollution, could substantially restrict the demand for conventional motorcycles, and thereby chain sprockets used in such vehicles. China, being one of the largest markets for two-wheelers is aggressively promoting electric bikes for transportation, considering its low cost, energy efficient, emission-free systems, and no license and registration.

Tax on luxury items has considerably increased in some markets of Asia Pacific, such as India. The Indian government has increased the tax to 31 percent on conventional motorcycles with engines greater than 350cc, which in turn could slow down the sales of luxury and heavy engine capacity conventional motorcycles. Furthermore, Singapore has adopted a new system of additional registration fees (ARF), which will add more costs to conventional motorcycles and therefore, render them expensive, leading to a decrease in the sales of conventional motorcycles and adversely affect the motorcycle chain sprockets market.

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Competition to Remain Relatively High; Manufacturers Favor APEC Markets

  • The top 8 companies in the global motorcycle chain sprocket market are estimated to hold approximately 16-21 percent of the overall market in terms of value.
  • Tsubakimoto Chain Co., Regina Catene Calibrate Spa, Jomthai Asahi Co.,Ltd, L.G.Balakrishnan & Bros Ltd., and Rockman Industries Ltd. are some of the leading global and local manufacturers of motorcycle chain sprockets.
  • While the tier-1 and tier-2 companies generate over US$ 50 Mn and between US$ 20 Mn to US$ 50 Mn through the sales of motorcycle chain sprocket, respectively, the tier-3 companies generate less than US$ 20 Mn, as per the report.
  • Focus remains on manufacturing low maintenance and high efficiency motorcycle chain sprocket to improve the overall functioning and life of drive chain.
  • Manufacturers are focusing on entering into long-term supply contracts with OEM of two wheelers in order to gain a strong hold in the domestic markets of APEC.
  • Apart from expanding its product portfolio, manufacturers of motorcycle chain sprockets are also focusing in expanding their production or sales capacities in developing regions.
  • FMI predicts heavy investments in research and development initiatives to bring innovation in the manufacturing processes to develop differentiated products.

Regionally, developing regions are expected to remain highly lucrative for new market entrants given the easy availability of raw materials and minimal infrastructure requirements combined with lack of stringent government regulations, thereby creating a favorable investment environment.

Apart from key market influencing dynamics and competitive landscape, FMI also offers an in-depth segmental analysis—on the basis of motorcycle type (standard, cruiser sports, and mopeds and others), engine capacity (up to 150 cc, 151-300 cc, 301-500 cc, and above 500 cc), chain type (standard rolling chain, O ring chain, and X ring chain), and sales channel (OEM and Aftermarket)

Market Segmentation

By Engine Capacity

  • Upto 150 CC
  • 151-300 CC
  • 301-500 CC
  • Above 500 CC

By Chain Type

  • Standard Rolling Chain
  • O Ring Chain
  • X Ring Chain

By Motorcycle Type

  • Standard
  • Cruiser
  • Sports
  • Mopeds & Others

Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Latin America
  • Europe
  • China
  • APEC
  • MEA

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Key Questions Answered in the Report

  • How has the Motorcycle Chain Sprocket market evolved in the past four years?
  • What shape is the Motorcycle Chain Sprocket market expected to take in terms of value during the study period?
  • What are some of the prevailing market dynamics in the Motorcycle Chain Sprocket market?
  • What are some of the competition developments and trends affecting the Motorcycle Chain Sprocket market?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the Motorcycle Chain Sprocket market?
  • What are the important key challenges, opportunities and improvement factors for Motorcycle Chain Sprocket market players?
  • What are the important market positioning and key strategies of key service providers as per the Motorcycle Chain Sprocket market taxonomy?
  • How is the competition structured at present and how has it evolved in the Motorcycle Chain Sprocket market over the past few years?

About Future Market Insights (FMI) 

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

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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