Market Research Blog

The global fishing reels market size in near future. Soaring popularity of fishing as a sport activity and consequent popularity of fishing equipment will fuel the demand for fishing reels.

According to a recent report by Future Market Insights (FMI), the fishing reels market is expected to surpass a valuation of US$ 8.6 Bn at a CAGR of over 4.9% through 2031.

Technological improvements in fishing reels have played a key role in driving the market. Correspondingly, the high demand for modified and customized reels based on the requirements of the customer is another factor leading to surge in demand for such fishing reels.

Increase in use of modified fishing reels for freshwater or saltwater fishing will push growth in the market. Besides this, popularity of fishing as a leisure activity is soaring among aged people in North America and Europe, catapulting both regions to the forefront of the market.

For instance, the American Sport Fishing Association (ASA) recently held its inaugural online auction to raise funds in support of Keep America Fishing.

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Keep America Fishing (KAF) is the association’s grassroots advocacy program that provides nation’s 55 million anglers a way to let their voices be heard when fisheries policy and management decisions will impact recreational fishing.

Such efforts by different organizations are likely to support recreational activities such as fishing among all age population and help the market growth in significant manner.

Moreover, efforts by regional governments and other communities have helped in the growth of recreational fishing activity. To encourage it, they have introduced various policies and regulations benefitting the fishing enthusiasts.

Key Takeaways from the Fishing Reels Market Study

• Aluminium reels dominate the market as they can withstand corrosion even in saltwater bodies and are regarded as most durable by fishing enthusiasts.
• The U.S. holds a share of 76.5% in North America owing to the high penetration of key players in the region.
• Malaysia is a key market in South Asia, registering growth at above 8% CAGR owing to higher spending on premium products in the country.
• Spinning reels are expected to hold the leading revenue share of 48.2% in the market in 2021 aided by their high durability and efficiency in all types of waters.
• Europe showcases lucrative opportunities for the fishing reels industry backed by a larger pool of consumer population who are willing to spend on recreational activities.

“Intensive promotional activities and marketing campaigns by manufacturers on back of greater support for recreational activities from various government and private organizations will drive fishing reels market in the near future,” says an FMI analyst.

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Impact of COVID-19 on the Market

The new coronavirus outbreak had disrupted corporate operations in a variety of industries, causing an economic slowdown. The retail industry had taken a significant impact. The retail industry was also harmed by the decline in general discretionary spending.

Consumers were subjected to the strictest restrictions, causing year-over-year growth to plummet. Due to complete lockdown and the resulting instability in the industrial environment, there was a reduction in production during the pandemic. Online commerce was used to separate the sales.

In light of this, players concentrated their efforts on increasing internet penetration, as this allowed them to reach a larger consumer base more quickly and at a lower cost. Moreover, restrictions on going out hampered the recreational activities across the globe and correspondingly hampered the fishing reels sales.

Who is Winning?

Leading manufacturers of fishing reels are focused on differential strategies and advertisements that have driven sales growth globally.

Major players present in the fishing reels market are SHIMANO INC., Daiwa Corporation, Abu Garcia, NingBo HaiBao fishing tackle co., Ltd., OKUMA FISHING TACKLE CO., LTD,  The Orvis Company, Inc., BPS Direct, L.L.C., Tackle World, TICA FISHING TACKLE, BCF Australia, and Pure Fishing, Inc. (Penn) among others.

Fishing Reels Market by Category

By Product Type:

• Spinning Reel
• Baitcasting Reel
• Spincast Reel
• Fly Reel
• Others (Offshore, Conventional, Surf Fishing, etc.)

By Material Type:

• Stainless Steel
• Aluminium
• Graphite
• Others (Plastic, Rubber, etc.)

By Fishing Type:

• Freshwater Fishing
• Saltwater Fishing

By Region:

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

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

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The incontinence skincare products market In one of its recent reports, FMI has forecast the market to expand at a CAGR of 5.36% between 2022and 2030. The rising prevalence of urinary incontinence is resulting in higher demand for associated skin care products.

The demand for Incontinence Skincare products is significantly high among the geriatric consumers. In the year the 2021 the market value was approximately US$ 2.0 Bn which is estimated to reach US$ 2.80 Bn.

However, the prevalence of urinary incontinence has surged among younger population, encouraging market players to create advertising campaigns targeting them. There is also increasing focus on offering products in thinner and more discreet packaging. They are attempting to make their products appear more stylish and less medical to help normalize the category.

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Some of the key takeaways from the report are:

• Inclusive social media campaigns and expansion of ecommerce channels are fuelling growthMarket players are leveraging their brand equity besides expanding their portfolio to gain competitive edge.
• The demand in the gels and oils category will remain high cementing their position as the leading product categoryUnprecedented COVID-19 outbreak will spur sales as consumers are likelier to stockpile on essential medical supplies especially when entering into an extended period of isolation
• “Some of the leading companies in the global incontinence skincare product market are likely to customize their product offerings as per consumer requirement. This also explains the higher growth rate witnessed in the cream segment among product categories.
• Their focus towards spreading awareness will increase especially with market players aiming at strengthening their foothold. Above all they are expected to concentrate on strategic collaborations to cater to the rising demand,” said a lead analyst at FMI.

COVID-19 Outbreak to Spur Sales of Incontinence Skincare Products

The market is witnessing higher sales due to the unprecedented COVID-19 outbreak. Since majority of consumers are aged or seniors, there is higher demand for incontinence skincare products as they stockpile on essential medical supplies to sustain during extended periods of self-isolation.

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The market is expected to showcase a strong performance driven by the rising aging population and openness to incontinence skincare solutions brought about by rising awareness.

Who is winning?

Some of the companies profiled by FMI are Coloplast A/S, Svenska Cellulosa AB, GAMA Healthcare Ltd., 3M Company, Vernacare Ltd., Attends Healthcare Group Ltd., ConvaTec Group PLC, CliniMed, Ltd., Kimberly-Clark Corp., B Braun Melsungen AG, Hollister Incorporated, McKesson Corporation, Smith & Nephew Plc, Ontex Group N.V, Medline Industries Inc., among others.

Several incontinence skincare products companies are launching campaigns to spread awareness and break the existing stigma restricting users to invest in better hygiene. One such company is Sensual Cellulosa AB that is frequently launching campaigns to promote incontinence awareness among consumers.

Get Valuable Insights into Incontinence Skincare Products Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global incontinence skincare products market, presenting historical demand data (2015-2021) and forecast statistics for the period from 2022-2030. The study divulges compelling insights on the incontinence skincare products market based on the product type (creams, lotions, gel/oils, washes/cleansers, and wipes), end user (men, and women), sales channel (wholesalers/distributors, online retailers, hypermarkets and supermarkets, pharmacy stores, convenience stores, and other stores), price range (economy range, mid-range, and premium), across six major regions

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

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The Gum Hydrocolloids market is expected to register a CAGR of 5.4% during the forecast period, from US$9.7 billion in 2020 to a valuation of US$13.36 billion in 2026.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Gum Hydrocolloid 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 2022 to 2032.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Gum Hydrocolloid Market forecasts and predictions at both national and international levels.

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Key Drivers

Hydrocolloid gum sales are primarily driven by growing consumer preference for natural food products. The increased consumption of natural ingredients will also increase the demand for gum hydrocolloids.

In addition, the influence of RandD on enhancing the gelling properties of gum hydrocolloid ingredients will also increase the demand for gum hydrocolloids.

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 Gum Hydrocolloid Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

• Cargill Inc.
• Kerry Group PLC
• Archer Daniels Midland Company (ADM)
• E. I. Du Pont De Nemours & Company
• Royal DSM
• Danisco A/S

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:

• Type
• Function
• Application
• Region

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Queries Solved

• What is the size of the overall Gum Hydrocolloid 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 Gum Hydrocolloid Market in the Food and Beverage Market, and how they are expected to impact the market?
• What are the attractive investment opportunities within the Gum Hydrocolloid Market in the Food and Beverage Market?
• What is the Gum Hydrocolloid 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 Gum Hydrocolloid Market in the Food and Beverage Market?
• What are the recent trends in Gum Hydrocolloid Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Gum Hydrocolloid Market in the growth of the Food and Beverage Market?
• What are the key market trends impacting the growth of the Gum Hydrocolloid Market in the Food and Beverage Market?

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About FMI

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

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The global anti-pollution ingredients market exceeded US$ 870.4 Mn in 2022, which are likely to witness a healthy 5.4% yearly growth in 2022.

A new intelligence outlook published by Future Market Insights (FMI) forecasts a promising growth outlook for the global anti-pollution ingredients market over the years to come owing to a dramatic rise in the incorporation of active, functional ingredients in personal care (PC) and cosmetic products, with an anti-pollution effect.

As the demand for cosmetics and personal care products has increased significantly over the past years, it has also driven shipments of anti-pollution ingredients on a global level.

Polymer-based ingredients currently account for 36.2% of the global anti-pollution ingredients market landscape. These ingredients are expected to hold a dominant outlook over the forecast period as they are preferred by manufacturers and consumers alike.

However, changing personal care trends are propelling the demand for ingredients like activated charcoal, plant extracts like Chinese herbs, active ingredients like Vitamin A and Vitamin E, etc. Natural ingredients are expected to see a high increase in demand over the forecast period citing the increasing focus of consumers on sustainable and environment-friendly products.

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As consumers continue to seek ‘natural’ product labels and claims of protection from direct contact between skin and pollutants, manufacturers of anti-pollution ingredients are maintaining focus on innovative formulations.

Enhancement of the efficacy of existing ingredients and evaluation of the same of newly found ingredients to be used in the anti-pollution ingredients category currently interests a majority of leading players in the market.

Procter & Gamble recently joined forces with botanists of Royal Botanic Gardens (London) to evaluate the efficacy of naturally sourced ingredients for potential use in former’s new range of anti-pollution skin care products. Evonik also recently expanded its portfolio with new ingredients for use in ‘of-the-moment’ applications, including anti-pollution cosmetics and PC products.

Competitive Landscape

Leading anti-pollution ingredient manufacturers are focusing on the research & development of eco-friendly and natural ingredients. Key players in the anti-pollution ingredients industry are also investing in mergers and acquisitions to increase their market presence across multiple regions.

• In January 2022, Chanel, the French luxury brand announced a new line of sustainable beauty products. The No. 1 de Chanel is the first line-up of the French brand into eco-conscious skincare and makeup industry that is seeing a bright outlook with growing environmental awareness. The formulations are comprised of almost 97% natural ingredients and come in recyclable packaging as well.
• In April 2021, Greentech announced the launch of a new active ingredient. The new natural active ingredient called CIRCALYS is developed from the Green Chiretta plant. It has detoxifying properties and is used in Ayurvedic traditional medicines

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Key Segments of Anti-Pollution Ingredients Industry Survey

Anti-Pollution Ingredients Market by Ingredient Type:

• Activated Charcoal
• Algae and Kelp
• Chinese Herbs
• Antioxidants
  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin E
• Minerals
  • Sea Salt Minerals
  • Malachite Extract
• Polymer Based Ingredients
• Others

Anti-Pollution Ingredients Market by Application:

• Skincare
  • Sun Care Products
  • Anti agers
  • Moisturizers
  • Facial Masks
  • Cleansers
  • Others
• Hair Care
  • Shampoos
  • Conditioners
  • Others
• Colour Cosmetics

Anti-Pollution Ingredients Market by Region:

• North America Anti-Pollution Ingredients Market
• Latin America Anti-Pollution Ingredients Market
• Europe Anti-Pollution Ingredients Market
• East Asia Anti-Pollution Ingredients Market
• South Asia & Pacific Anti-Pollution Ingredients Market
• Middle East & Africa (MEA) Anti-Pollution Ingredients Market

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.

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The waterproof speaker market is expected to surpass a valuation of US$ ~8.6 Bn in 2022 and at a CAGR of approximately 7.1% through 2027.With the rapid industrialization and advancement in technology, audio devices have witnessed robust growth and are expected to continue to grow in the future.

A detailed evaluation of various audio devices that offer better sound quality is expected to help users make decisions regarding the adoption of waterproof speakers. Commercial advertisements, movies, entertainment channels, and other modes mostly influence consumers.

Moreover, different brands of waterproof speakers are opting for celebrity endorsements by collaborating with well-known personalities. Such strategies are further expected to largely influence choices of music enthusiasts. These factors are expected to drive the global demand for waterproof speakers in the near future.

Globally, advancement in technology is leading loudspeaker companies to focus more on innovation and design of the product and conducting a performance with prospective consumers to understand their perspective on the product. Manufacturers are offering various features such as rhythmic lightning, and better battery backup in Bluetooth speakers in order to increase their sales.

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Key Takeaways from the Waterproof Speaker Market Study

• In terms of application, household category holds a prominent share in the market. Besides this, other commercial categories are likely to register a significant CAGR growth rate during the forecast period.
• As per analysis, ultra-portable waterproof speakers are the leading category in terms of growth rate. The rapid development in technology and rising demand for better integration and automation of electronic devices is likely to boost the demand for ultra-portable waterproof speakers.
• The 360-degree speakers’ segment is estimated to account for the largest market share during the forecast period owing to an increase in the application of these speakers for multi-purposes be it a closed or open surrounding.

Impact of COVID-19 on the Market

Every person’s lifestyle has been altered as a result of the COVID-19 pandemic. As a result, the majority of the population is being forced to reconsider the importance they place on specific jobs. The coronavirus epidemic has had a significant influence on the music industry, resulting in the cancellation of live events and performances. Many musicians and artists rely on the support of their musical peers.

Because of the regional government’s severe limitations on public events, live music, concerts, and the closure of music studios, artists migrated to live streaming applications, resulting in the cancellation of all public events and a direct impact on the waterproof speaker industry.

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Who is winning?

Leading manufacturers of waterproof speakers are investing in technological advancements and are advertising them globally to drive sales of waterproof speakers.

Major players present in the waterproof speaker market are Bose Corporation, Harman International, Apple Inc., Yamaha Corporation, Sony Corporation, Logitech International S.A., LG Electronics Inc., Samsung Electronics, Panasonic Corporation, Sound United LLC, Koninklijke Philips N.V., LIXIL Group, Anker, Ematic, G-project Gear, 808 Audio, ROCKVILLE, FosPower, AOMAIS, and Altec Lancing among others.

Global Waterproof Speaker Market by Category

By Sound Proposition:

• Directional Speakers
• 360 degrees Speakers

By Application:

• Household
• Institutional
• Offices
• Leisure

By Region:

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

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 5-years.

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In vitro diagnostics tests are used in laboratories, healthcare settings or directly by consumers at home for the detection of various diseases, infections and other medical conditions. Various companies in the IVD antibodies market are focusing on mergers and acquisitions with regional players. For example, in Sep. 2018, Summa Equity AB acquired Turku-based HyTest Ltd. whose regional presence in the U.S. and Asia is good. Continuously evolving nature of IVD antibodies market further expected to get maximum traction. Superior capability of the IVD antibodies to detect complex diseases such as cancer and use of IVD antibodies in therapeutic monitoring, evaluating blood safety before transfusion further makes it preferred choice of diagnosis test.IVD Antibodies Market: Drivers and Restraints

Increasing incidence of chronic diseases such as HIV, hepatitis, cancer, cardiovascular diseases, etc. expected to drive the growth of IVD antibodies market. Incidence of cancer and cardiovascular diseases is increasing rapidly and hence aging population of world further expected to drive the growth of IVD antibodies market. The ease of use of IVD antibodies for the diagnosis at laboratories, hospitals or even at home further increases patient compliance and makes IVD antibodies preferred choice.

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The IVD antibodies market is further driven by increasing research and development funding which in turn improving the outcome of diagnostic tests as well as manufacturing of high end quality IVD antibodies for assays. Manufacturers in the IVD antibodies market are focusing on mergers, acquisitions, collaborations and agreements such as Sebia Inc. one of the major IVD manufacturing company signed an agreement with Janssen Biotech to develop multiple myeloma IVD test. Whereas, low product penetration and higher cost of the IVD antibodies may hamper the potential growth of the market. Although manufacturers are focusing on developing novel IVD antibodies for diagnosis of different diseases but time consuming nature of research and development and tedious product approval process may hamper the growth of market.

IVD Antibodies Market: Overview

The global IVD antibodies market is majorly driven by the increasing chronic disease incidence as well as increasing product penetration in the low and middle income countries. By product type, IVD antibodies market is expected to be dominated by the tumor markers due to high adoption for the diagnosis of malignancies. By the application, the IVD antibodies market is dominated by the cancer due to high number of diagnostic procedures. By end user, IVD antibodies market is dominated by the diagnostic laboratories due to high patient footfall for the disease diagnosis. The increasing R & D expenditure by leading biopharmaceutical companies for the development and evaluation of IVD antibodies for different diagnosis of various diseases expected to impact the market significantly.

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IVD Antibodies Market: Regional Outlook

The global IVD antibodies market is dominated by North America due to higher product penetration. Europe is expected to be the second most lucrative IVD antibodies market due to higher number of diagnostic procedure and favorable reimbursement scenario. Latin America is expected to experience steady market growth due to increasing IVD antibodies adoption for the diagnostic procedures. Asia-Pacific is emerging market in IVD antibodies due to rapidly increasing product penetration, and emerging countries such India and China where healthcare infrastructure evolving rapidly. Middle East and Africa is expected to be least revenue generating IVD antibodies market due to low product penetration as well as limited availability of good healthcare infrastructure in most of the MEA region.

IVD Antibodies Market: Key Players

The key market participants operating in the IVD antibodies market are: Abcam plc., Thermo Fisher Scientific, Rockland Immunochemicals Inc., GenScript, Bio-Rad Laboratories, Inc., SDIX, LLC., Advy Chemical Pvt. Ltd., MEDICAL & BIOLOGICAL LABORATORIES CO., LTD., HyTest Ltd., Abbott and Others

The research report presents a comprehensive assessment of the IVD Antibodies 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 IVD Antibodies market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

• IVD Antibodies Market Segments
• IVD Antibodies Market Dynamics
• IVD Antibodies Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Indication
• Value Chain

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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.

IVD Antibodies Market: Segmentation

The global IVD antibodies market is segmented based on the product type, application, end user and region

By product type IVD antibodies market is segmented as:

• Cardiac Markers
• Tumor Markers
• Kidney Injury Markers
• Infection and Inflammation Antibodies

By application, IVD antibodies market is segmented as:

• Immunology
• Cancer
• Cardiovascular Diseases

By end user IVD antibodies market is segmented as:

• Hospitals
• Diagnostic Laboratories
• Homecare settings
• Others

Report Highlights:

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

About FMI:

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

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The human herpes simplex keratitis viruses are one of the leading cause of ophthalmic morbidity globally including cytomegalovirus retinitis in AIDS. The market of herpes simplex keratitis treatment is anticipated to grow significantly in the forecast period as the disease outbreak can cause unilateral corneal blindness worldwide. For herpes simplex keratitis treatment market, the basic understanding of how the virus behaves is helpful for manufacturers to understand the efforts that must still be concentrated on making the best use of new antiviral agents and other modes for avoiding inappropriate treatment.

Herpes Simplex Keratitis Treatment Market: Market Dynamics

The market of herpes simplex keratitis treatment is anticipated to grow significantly in the forecast period. Recurrent of herpes simplex keratitis remains the major market driver as the virus causes infectious and inflammatory eye diseases affecting all ages of the population.

The estimated prevalence of the herpes simplex keratitis disease is 15 per 10,000 population globally. The market of herpes simplex keratitis treatment is an opportunity for drug manufacturers to assess the current medicaments and their relative effectiveness of pharmacological and non-pharmacological interventions. It is estimated around 10 million persons suffered from herpes simplex keratitis eye disease worldwide, with approximately two million patients with impaired vision in their affected eye. On the grey side, the market of herpes simplex keratitis treatment is challenged by many restraints.  One of the major being, manifestation of antiviral toxicity with punctate epithelial staining in the corneal epithelium. Such effects were considered to be due to drug toxicity affecting areas of the cornea which is remote from the original lesion.

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Herpes Simplex Keratitis Treatment Market: Overview

The global herpes simplex keratitis treatment market is expected to witness decent growth over the forecast period. The herpes simplex keratitis treatment market is expected to grow during the forecast period due to rising awareness and increasing healthcare expenditure as well increase prevalence of herpes simplex keratitis diseases worldwide. The herpes simplex keratitis treatment market can be broadly classified into the mode of treatment delivery as orals, topical and surgical methods. Herpes simplex keratitis treatment products are distributed by hospital pharmacies, independent pharmacies, and online pharmacies.

Herpes Simplex Keratitis Treatment Market:  Region-wise Outlook

Geographically, the global herpes simplex keratitis treatment market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding China and Japan (APECJ), China, Japan, and the Middle East and Africa (MEA). North America is expected to be a dominant region in the global simplex keratitis treatment market, owing to the rising prevalence of Herpes Simplex Keratitis, high awareness of the general public, and high disposable income. The prevalence of a history of ocular HSV disease is about 2 to 15 per 10,000 in the U.S. population. The North America herpes simplex keratitis treatment market is followed by Western Europe market in terms of revenue share by region. Herpes simplex keratitis treatment Western Europe market revenue is significant owing to the high prevalence of epithelial keratitis with ocular herpes, good healthcare infrastructure, cost-effective diagnosis and easy availability of the medicaments. Asia-Pacific excluding China and Japan market for herpes simplex keratitis treatment is also expected to grow at a robust rate due to increase in awareness, growing research and development and increasing government support and funding. In these regions, especially government policies to help economically backward patients afford low-treatment cost is anticipated to boost the market growth for herpes simplex keratitis treatment.

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Herpes Simplex Keratitis Treatment Market: Key Players

Some of the key players present in global herpes simplex keratitis treatment market include GlaxoSmithKline plc, Vectans Pharma, Blistex Inc, and Bausch & Lomb Incorporated, Aurobindo Pharma Ltd Dr. Reddy’s Laboratories Ltd., Cipla Ltd, Jubilant Cadista, Mylan N.V. and many more leading and local players involved in manufacturing of herpes simplex keratitis products.

The report covers exhaustive analysis on:

• Market Segments`
• Market Dynamics
• Market Size
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain

The regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC, S. Africa, N. Africa)

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Herpes Simplex Keratitis Treatment Market: Segmentation

The global native starch market is projected to witness a CAGR of 5.7% and is anticipated to reach a valuation of around US$ 2.6 Bn by 2032, while it is estimated to be valued at US$ 1.5 Bn in 2022.

The increased use of native starch as a stabilizing, thickening, and gelling agent, as well as a diluent, binder, and excipient, is expected to drive the demand for native starch. The expansion of the food and beverage industry is projected to be a major driver of consumption.

The product is used in the production of frozen, packaged, and ready-to-eat foods. The market for such food products is rapidly expanding, particularly in emerging nations, which is projected to have a beneficial impact on the industry’s growth. These impacts are helping the sales of native starch.

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The adoption of native starch is anticipated to rise with a variety of manufacturing ingredients, including corn, potato, and wheat. The United States is projected to be the world’s leading corn producer and exporter in 2022.

The vast supply of raw resources, together with the country’s well-established manufacturing sector, is predicted to be a major driver of industry expansion in the United States, boosting the sales of native starch.

Moreover, the growing food and beverage industry, particularly in rising economies like India and China, has boosted the number of native starch customers in these countries.

The buyer’s decision is likely to be influenced by cost competitiveness and product quality, increasing the adoption rate with rising demand for native starch due to low switching costs and the availability of multiple manufacturers around the world, buyers have a lot of leverage.

Key Takeaways

• The market is segmented based on source, wherein the native starch is anticipated to account for around 31.7% of the market share over the forecast period, thriving the native starch market
• The North American native starch market is expected to witness a lucrative growth rate of 5.2% during the forecast period.
• East Asia is inferred to account for 15.4% of the global native starch consumption through 2032, fueling the demand for native starch.
• The market is segmented based on end-use, wherein food and beverages are anticipated to account for around 31.7% of the market share over the forecast period.

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 “To expand their business, key manufacturers are employing aggressive techniques. Product branding and positioning are extremely important to them. Consumer pleasure is being used as a realistic approach for growing their global impact. These are the factors driving the native starch market forward.” – Future Market Insights Analyst.

Competitive Landscape

The growth in the global food and beverage industry is propelled by targeting emerging economies that are creating lucrative opportunities for various global markets. Native starch companies are implementing robust go-to-market strategies such as collaborations, partnerships, M&A, and divestitures in addition to focusing on organic growth, increasing the demand for native starch.

Key players operating in the global native starch market also focus on strategic collaboration with local distributors in the emerging countries to reach a large consumer base.

Key players in the global native starch market include: 

• Ingredion Inc.
• Cargill, Inc.
• E. I. du Pont de Nemours
• Tate & Lyle PLC
• Archer Daniels Midland Company
• Roquette Frères S.A.
• Euroduna Food Ingredients GmbH
• BENEO GmbH
• Kent Corporation
• MGP Ingredients Inc.
• AGRANA – Beteiligungs
• AG Tereos Starch & Sweeteners Iberia Sa
• Thai Flour Co., Ltd.
• Manildra Group
• Avebe U.A
• Amylco LLC
• KMC Kartoffelmelcentralen A.M.B.A
• Gulshan Polyols Ltd.
• SPAC STARCH PRODUCTS (INDIA) LTD among other native starch manufacturers.

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  Recent Market Developments:

• Ingredion Pvt ltd recenly launched functional native starches that formulates food and beverages with ingredients consumers accept, prefer and expect. This is anticipated to push the competition level and increase the sales of native starch.
• Cargill Inc has included new applications in its native starch batch such as brewing adjuncts, bakery mixes and processed meat. This increases the demand for native starch globally.

Explore More Valuable Insights

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

The study offers compelling insights based on the native starch market by nature (corn, wheat, potatoes, tapioca, others), by form (powder, liquid), by end-user (food and beverages, paper industry, feed industry, others) & region across seven major regions of the world.

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