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The worldwide gluten-free products market is probably going to acquire a worth of US$ 5,700 Million out of 2022 and is supposed to gather a market worth of US$ 11,191.82 Million by enlisting a CAGR of 7% in the gauge period 2022-2032.

Development of the gluten-free products market can be credited to rising pervasiveness of celiac infection and different illnesses inferable from undesirable ways of life is supposed to drive the interest for gluten-free products. The market for gluten-free products enrolled a CAGR of 5.6% in the verifiable period 2016-2021.

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Gluten free products market is expected to record a tremendous growth over the forecast period owing to the rise in application in various food industry and the health benefits associated with the consumption. Other factors such as major market players focus on new innovations to attract consumers towards the consumption of gluten free items.

Gluten-Free Products Market Drivers

There has been a significant increase in the demand for gluten-free products in the global market, especially in the bakery and fast food industry. This industry is focused on the provision of gluten-free products for individuals who show allergy towards the consumption of gluten products. The rise in demand from the millennials, taste change, and the increase in demand for gluten-free snacks fuel the growth of the market globally.

Consumers’ shift towards a healthy lifestyle is a crucial factor to watch out for, as this is expected to drive the market forward over the forecast period. The rise in number of working women is a boost for the market. Gluten free products can be consumed anywhere within a short time; hence the convenience of gluten free product is another growth driver.

Furthermore, the ease of accessibility of gluten free product from retail store accelerates the growth of the market globally. Gluten free products can be obtain from various retail stores such as convenience store, drugstores, specialty stores, and pharmacies.

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Gluten Free Products Market Restraints

The global gluten-free products market might witness a decline in growth in the future. And this is due to the lack of awareness of the celiac disease among individuals globally. Celiac disease is a digestive disorder resulting from an immune reaction to food like wheat, barley, and rye, which are often rich in gluten protein..

Gluten Free Products: Region-wise Analysis

North America remains the largest market for gluten free products owing to the rise in consumer health consciousness within the US. Europe is developing almost rapidly in the gluten-free products owing to the rise in popularity among the millennial and the increase in demand for diversified food products. Aside from this, the adoption of healthy lifestyle and the rise in demand for non allergic food products is expected to trigger the growth of the industry over the forecast period.

Increase in disposable income, and the change in consumer demography in the Asia Pacific are forces expected to drive the gluten free products market in the region. In addition to this, the increase in awareness of celiac disease is strong driving force which is projected to raise the demand for gluten free products over the foreseeable period as consumers are concerned about their health.

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Gluten Free Products: Competitive Landscape

• The Kraft Heinz Company
• The Hain Celestial Group, Inc.
• Pinnacle Foods Inc.
• General Mills, Inc.
• Kellogg Company.

Other players operating in the industry include:

• Hero AG (Switzerland)
• Barilla GER Fratelli SPA
• Pasia Plc
• Dr. Schar AG/SPA
• Freedom Foods Group Limited
• Genius Foods
• Enjoy Life Foods
• Norside Foods Ltd.
• Warburtons.

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Global Gluten Free Products Market Segment Analysis

The global free products market can be segmented on the following basis:

By Type

• Gluten-free Baby food
• Gluten-free Pasta
• Gluten-free Bakery Products
• Gluten-free Ready Meals

By Distribution Channel

• Specialty Stores
• Convenience Stores
• Drugstore/Pharmacy
• Hotels & Restaurants
• Others

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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.

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Worldwide fruit snacks market request is expected to be esteemed at US$ 5,456 Million out of 2022, conjecture a CAGR of 7.4% to be esteemed at US$ 11,120 Million from 2022 to 2032. Development is ascribed to the rising interest for fundamental nutrients and minerals to support invulnerability alongside further developed interest for fiber-advanced items. From 2016-2021 a CAGR of 5.5% was enlisted for the fruit snacks market.

fruit snacks are processed fruits in the form of snacks produced in the food and beverage industry. Examples of fruit snacks are smoothie, fruit chunks, applesauce dip, fruit salad, popsicles, fruit sandwiches, and many others. These food products are rich in vitamins and minerals, such as potassium, magnesium, vitamin A and more, healthy for human consumption. Some of the health benefits attributed to fruit snacks are; mitigation of the risk of cardiovascular diseases, high blood pressure, and weight diseases like obesity and diabetics.

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Increasing consumers’ demand for healthy food products coupled with rising disposable income in developing countries are major factors fueling the growth of the global fruit snacks market, and this is expected to continue over the forecast period. In addition, the rise in awareness regarding the health benefits associated with fruits is slated to facilitate the growth of the market.

Consumers’ rising demand for convenience food items due to busy lifestyles and inability to cook is a strong force promoting the industry’s growth. Fruit snacks are readily available in retail stores worldwide. Thus, because of this, the market should record a double-digit CAGR during the forecast period.

Fruit Snacks Market Growth Driven by Consumers’ Growing Demand for Healthy Food Products

Fruits are natural products obtained from plants which are edible for consumption. They come in various types such as berries, citrus, apples and pears, melons, tropical and exotic, stone fruits, and many more. Fruits have many health benefits when consumed either in the raw or processed form, e.g., fruit sandwiches and fruit salad. For instance, orange is a rich source of vitamin C essential for the repair and development of body tissues

It also helps in the maintenance of cartilages and the healing of wounds. Health benefits like these are what is driving consumers toward the consumption of fruit snacks and this will create a surge in demand for these food products in the global market. The global fruit snack market is expected to witness a tremendous growth over the forecast period due to this.

The growing awareness of the adverse effect of consuming artificial or synthetic products is another major factor triggering the growth of the fruits snack market. Consumers are conscious of the quality of food items they consume, so they are ready to spend on natural food products since they are of high quality compared to artificial food products.

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Increasing Disposable Income

Emerging economies such as China, India and Japan are expected to facilitate the growth of the global fruit snacks market due to the rising disposable income of consumers in these countries. The per capita consumption of fruit snacks is growing tremendously in the Asia Pacific since the population within the region is high.

Fruit Snacks Market Restraints

The growth of the global fruit snacks market is going to be hampered by the rising consumers’ perception regarding the harmful effect of consuming processed food items.

Fruit Snacks Market: Region-wise Analysis

North America is expected to dominate the global fruit snacks market in terms of total revenue followed by Europe during the forecast period. The United States is the most dominant country within North America after contributing the largest share of revenue to the regions total revenue. However, the Asia Pacific is slated to be the fastest growing market for fruit snack due to the rising disposable income of individuals in developing countries like China and India.

Fruit Snacks Market: Competitive Landscape

• Welch Foods Inc.
• General Mills Inc.
• SunOpta
• Kellogg Co.
• Sunkist Growers, Inc.
• Crunchies Food Company.

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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.

Global Fruit Snacks Market Segment Analysis

The global fruit snacks market can be segmented on the following basis:

By Application

• Beverages
• Dairy
• Sweet and Savory
• Others

By Distribution Channel

• Supermarket/Hypermarkets
• Convenience Stores
• Online Retailing
• Specialist Retailers
• Others

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Flavored milk is a dairy product manufactured by mixing milk, sugar or sweetener, coloring, and natural or artificial flavor. Flavored milk offers some essential nutrients like calcium, potassium, vitamins, phosphorus, and protein. Flavored milk is among the most healthy products from the food and beverage industry. Its health benefit is a boost for the market as consumers are moving towards healthy lifestyles. Also, the high shelf life and increase in demand for refrigerated milk products fuel the growth of the flavored milk market globally.

The global flavored milk industry is still on the rise as consumption is still low compared to other drinks like carbonated soft drinks, energy drinks and more.

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Flavored Milk Market Driven by Growing Demand for Lactose-Free Dairy Products

The flavored milk market is propelled by the rise in demand for lactose-free products globally. According to the research conducted by the United States National Library of Medicine, about 65% of the human population find it hard to digest lactose at adulthood. Inability to digest lactose at adulthood is common within West Africa, and East Africa and this factor is fueling the growth of flavored milk market within the region.

Consumers’ Rising Demand for Healthy Food Products

The growing demand for healthy food products among consumers is a driving force expected to move the global flavored milk market forward over the forecast period. Consumers are conscious about the quality of food they consume; hence they are moving towards the consumption of health befitting products with high nutritive value. Also, consumers’ changing lifestyles are expected to drive the growth of flavored milk globally. Flavored milk is a rich source of calcium, protein, vitamins and many more. Furthermore, consumers’ changing lifestyle is another factor fostering the growth of the industry globally. Rise in disposable income is a boost for the flavored milk market. Developing nations like India and China with an emerging economy are raising the per capita income of individuals working. And this ix expected positively impact the global flavored milk market especially in the Asia Pacific region where these countries are located.

Flavored Milk Market Restraint

The global flavored milk market is not without its challenges. With the rise in vegan population globally, the flavored milk market is expected to witness a decline in growth over the forecast period. Furthermore, the growing incidences of lactose tolerance is a strong force pulling the market backward and might foster the closure in some regions.

Flavored Milk Market: Region-wise Analysis

The Asia Pacific region is the largest market for flavored milk after topping the list for the region with the highest consumption of flavored milk. Rising disposable income and increasing population size are factors fueling the growth of the industry.

North America and Latin America is the second and third largest market for flavored milk. North America is expected to record a double-digit CAGR over the forecast period owing to the rise in consumption of flavored milk by kids. Other regions like Europe, Africa, and the Middle East are projected to witness a significant growth due to the steady rise in the demand for flavored milk.

Flavored Milk Market: Competitive Landscape

The global flavored milk market is highly competitive and fragmented, with a few global players like Nestlé S.A., Hershey’s, and Saputo Inc. These companies are focusing on adopting new strategies such as new product innovations, merging local players to extend their products to regions where the flavored milk market has no foothold. They are also offering low sugar and fat free varieties of flavored milk such as orange creme and strawberry creme so consumers can have a variety of choice to make.Other key players in the market include

• Yili Industrial Group Company Limited
• Mengniu Dairy Company Limited
• Gujarat Cooperative Milk Marketing Federation Limited
• Mother Dairy Fruit and Vegetable Private Limited.

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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

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Global Flavored Milk Market Segment Analysis

The global flavored milk market can be segmented on the following basis:

By Type

• Dairy Based
• Plant Based

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Store
• Specialist Stores
• Online Retail Stores
• 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

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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As per FMI, the global functional dairy products market size is projected to exhibit growth at a CAGR of 4.3% during 2022-2032. It stood at US$ 42.2 Bn in 2021 and is likely to reach US$ 64.3 Bn by the end of 2032.

Functional dairy products are recognized as having additional nutrition beyond the basic nutrition available in dairy products. They contain the most crucial elements of a balanced diet and work as an energy booster for consumers. Also, consumers are becoming more aware of how a healthy diet influences short-term and long-term health and wellness.

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In response to this, consumers are shifting towards nutrient-dense food to attain high nutrition beyond basic nutrition. Therefore, the functional dairy products market is expected to show lucrative growth in the forecast period. Functional dairy food products include milk, yogurt, cheese, butter, and many others. Amongst these, milk and cheese are expected to hold major shares owing to the high consumption level across the globe.

Bioactive peptides, oligosaccharides, probiotic bacteria, antioxidants, vitamins, conjugated linoleic acid, specific proteins, highly absorbable calcium, organic acids, and other biologically active components with an array of bioactivities have been linked to functional dairy products, thereby distinguishing them from regular dairy products.

Key Takeaways from Market Study

• The North America functional dairy products market is expected to register 2.8% CAGR between 2022 and 2032
• The Japan functional dairy products market will grow at 3.6% CAGR between 2021 and 2031.
• The India functional dairy products market will grow at 5.7% CAGR between 2022 and 2032.
• The Europe functional dairy products market is expected to grow at 3.10% CAGR between 2022 and 2032.
• Top 3 countries in the global functional dairy products market are anticipated to generate a share of 33.8% in the forecast period.

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“Functional dairy food items provide consumers with various health benefits in addition to basic nutritional value, which is leading to a shift in consumers’ daily diets to functional dairy foods. It is expected to fuel expansion of the functional dairy market over the anticipated timeframe,” says a lead analyst at FMI.

Nutritional Benefits of Functional Dairy Products to Increase Consumption Worldwide

Due to the extra health benefits of functional dairy products such as high nutrition value in milk, cheese, yogurt, and similar other items, the global market is projected to grow at a steady pace. Besides, changing lifestyles of consumers and increasing prevalence of chronic ailments such as high blood pressure and obesity among the ever-increasing population are driving the demand for functional dairy products.

In the current scenario, the global functional dairy products business is becoming stronger due to more technological advancements by manufacturers to provide better quality products and services. Thus, the reach of functional dairy products is substantially improving.

As a result, the functional dairy products industry has become one of the most important contributors to the global economy and it will continue to grow in the coming decade. Functional dairy products are also becoming more popular in terms of demand as a result of increased social media marketing initiatives by key players, which has a direct impact on youth and health-conscious consumers and helps to boost product sales.

Competitive Landscape: Functional Dairy Products Market

Some of the leading companies offering functional dairy products are Archway Food Group, General Mills Inc., Anand Milk Union Limited, Dairy Farmers of America Inc., Kraft Foods Inc., Arla Foods UK Plc., Nestle SA, Parmalat S.P.A, Megmilk Snow Brand Co. Ltd, Dean Foods Company, Fonterra Co-operative Group, Lactalis International, Danone SA, and others.

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Get Valuable Insights into Functional Dairy Products Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the Functional Dairy Products market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the functional dairy products market based on by type (yogurt, cheese, butter, milk, and others), by end use (retail/household, HoReCa, and F&B industry), and by distribution channel (b2b and b2c) across seven major regions.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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 worldwide erythritol market is supposed to be esteemed at US$ 210.3 Million out of 2022. The rising frequency of heftiness and constant illnesses like Diabetes goes about as the essential development drivers of the worldwide market interest. The general interest for erythritol is projected to develop at a CAGR of 7.4% somewhere in the range of 2022 and 2032, adding up to around 429.8 Million by 2032.

Erythritol is a sugar alcohol, also known as a sweetener used in place of sugar in the food and beverage industry, to enhance the taste of food items. It’s an alternative to sugar and widely used in food processing because of the low-calorie content contained. About 10% of the global sugar economy is held by the use of high intensify sweeteners, of which erythritol is an example. Erythritol can be obtained from the fermentation of carbohydrates or through the reduction of sugar with the aid of hydrogen.

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Unlike sucrose, erythritol ensures better digestive tolerance, which gives it an edge over sucrose in the global market. Besides, erythritol does not cause tooth decay; neither does it aggravate weight-related diseases like diabetes and obesity. Its easily digested and produces calorie as low as zero kcal/g. These properties are the growth drivers of the erythritol market.

Erythritol Market Restraint

The erythritol market growth is projected to be hampered by the ease in availability of substitutes. Also, increasing awareness regarding the adverse effect of sweeteners is a strong force expected to restrain the growth of the erythritol market. For instance, health problems such as weight gain, tooth decay, and poor nutrition are possible health-related issues associated with the overconsumption of natural sweeteners. This might pose a threat to the erythritol market.

Erythritol Market Driven by Growing Consumers’ Demand for Healthy Products

The growing population size of health-conscious consumers is increasing as consumers are now watchful of the food products they consume. Reports have shown that the food consumed by humans often determines the quality of their health. Most foods consumed these days have a relationship with life-threatening diseases like diabetes, cardiovascular diseases, obesity, and many more.

For instance, overconsumption of sugar or high-calorie food products causes diabetes or a high sugar level, which is dangerous to consumers’ health. If diabetes is not adequately maintained, it could lead to the death of consumers. Also, the ease with the digestion of erythritol speaks for it globally as consumers, especially adults, find it hard to digest high-calorie food products.

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Moreover, the rising demand for natural and high-quality ingredients in the cosmetics industry is another growth driver that fuels the industry’s growth. Erythritol plays a crucial role in skincare products as it enhances moisture retention. Moreover, erythritol is used to produce anti-aging serums and night creams due to its effective performance against wrinkle formation. These attributes are among the strong forces expected to facilitate the industry’s growth over the forecast period.

Erythritol Market: Region-wise Analysis

Geographically, North America is expected to be the largest market for the global erythritol market due to the rise in demand for natural and low-calorie products in the region. The United States is the main contributor in North America in terms of market revenue and volume. Europe is the second-largest market since there is an increasing demand for natural ingredients from the cosmetic industry. However, the Asia Pacific is slated to be the fastest-growing market owing to the growing population of health-conscious consumers and consumers’ shift towards the consumption of low-calorie food and beverage products. The global erythritol market is projected to register a CAGR of over 6.5% over the forecast period in the Asia Pacific region.

Erythritol Market: Competitive Landscape

• Foodchem International Corporation
• Cargill Inc.
• Incorporated
• JUNGBUNZLAUER SUISSE AG
• Shandong Sanyuan Biotechnology Co., Ltd

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Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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.

Global Erythritol Market Segment Analysis

The global erythritol market can be segmented on the following basis:

By Form

• Powder
• Granular

By Application

• Beverage
• Pharmaceuticals
• Cosmetics
• Bakery and Confectionery
• Dairy
• Others

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 dried spices market has arrived at a CAGR of 4.6% during the conjecture time frame. The market is projected at US$ 5,763.5 million of every 2022, and is probably going to be esteemed at US$ 9,036.5 million by 2032.

Dried spices are responsible for developing the aroma and taste related to the cuisine and convenience food products. Therefore, they are an integral part of any food products. A wide range of dried spices includes pepper, paprika, allspice, capsicum, cardamom, cloves, coriander, turmeric, cumin, caraway, nutmeg, ginger, cinnamon, mace, juniper berries, fennel seeds, saffron, fenugreek, anise seeds, etc. The global dried spices market is expected to grow at a significant growth rate, attributed to growing food and beverages industry across the globe.

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Dried Spices Market: Growth Dynamics

Dried spices are prominence utilized in different food and refreshments. Aside from this, these spices are progressively utilized in the assembling of conspiracy items including snacks, sauces, soups, canned items, and others. Consequently, developing interest for this multitude of items is affecting emphatically on the development of the worldwide dried spices market.

Dried spices are building up forward movement of different organizations working in the drug business. One of the critical purposes behind this situation is assorted restorative upsides of dried spices. Subsequently, merchants from the worldwide dried spices market are acquiring awesome interest valuable open doors from drug industry. Aside from this, developing pattern of foods and rising ubiquity of prepared to-utilize spices combinations are invigorating the development of the worldwide dried spices market.

Growing cuisine trend and high popularity for ready-to-use spice mixtures such as oregano are expected to bolster the dried spices market in developed as well as developing economy. Macroeconomic factors affecting the global dried spices market include increasing population, globalization, climatic condition, etc.

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Global Dried Spices Market: Regional Overview

Overall, the outlook for the global dried spices market is positive over the forecast period, attributed to varying medicinal benefits of spices, demographics & globalization, increasing trend of diverse cultural cuisine, increasing consumption of processed foods.

On the basis of geography, the global dried spices market is fragmented into seven regions namely, North America, Western Europe, Asia Pacific excluding Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. Among the regions, combining both Western Europe and Eastern Europe dominates the global dried spices market in terms of revenue contribution owing to the relatively high demand for dried spices from the food & beverages and pharmaceutical industries.

Europe rank at the second position in terms of volume in global dried spices market. Europe is followed by Asia Pacific in the global dried spices market in terms of value whereas, rank at a top position in terms of volume in the market over the forecast period owing to developed standard of living which enable consumers to spend more on food products and increasing population in developing countries including India and China.

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Global Dried Spices Market: Key Players

Some of the players identified in the global dried spices market include DS Group, The Kraft Heinz Company, Ajinomoto Co. Inc., Knorr Foods Co., Ltd., Nestle S.A., McCormick & Company, Bart Ingredients Company Ltd., Baria Pepper, MDH Pvt. Ltd., and Everest Spices company.

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

Global Dried Spices Market: Segmentation

The global dried spices market is segmented on the basis of product type, distribution channel, end-use, and region. On the basis of product type, mixed and individual spices segment is expected to dominate the global dried spices market over the forecast period, owing to relatively high demand for the segment among all other segments in household as well as commercial and industrial segment.

Online channel segment is expected to expand at a significant growth rate over the forecast period on the basis of distribution channel for household and food service application. Among the end-use segments, industrial segment is expected to account for around half of the overall dried spices market.

The retail segment is followed by industrial segment and is expected to expand at a significant growth rate over the forecast period in global dried spices market. Catering segment is expected to account for relatively low revenue share of 10-20% in the global dried spices market.

Based on the product type, the global dried spices market is segmented into:

• Mixed and Individual Spices
• Pepper
• Paprika
• Allspice (Pimento)
• Capsicum
• Cardamom
• Cloves
• Coriander
• Turmeric
• Cumin
• Caraway
• Nutmeg
• Ginger
• Cinnamon

Others (Mace, Juniper Berries, Fennel Seeds, Saffron, Fenugreek, Anise seeds, etc.)

• Dried Herbs
• Oregano
• Thyme
• Parsley
• Marjoram
• Bay Leaves
• Mint
• Savoury
• Others (Rosemary, Basil, Dill, Tarragon, Sage, etc.)
• Salt & Salt Substitutes
• Others

Based on the distribution channel, the global dried spices market is segmented into:

• Hypermarket/ Supermarket
• Grocery Stores
• Online Channel
• Others

Based on the end-use, the global dried spices market is segmented into:

• Retail
• Industrial
• Catering

Based on the source, the global dried spices market is segmented into:

• Natural
• Organic

Based on the product form, the global dried spices market is segmented into:

• Powder
• Whole Dried Spice

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The number of people watching live streaming fitness programmes during the protracted lockdown has continually climbed due to a growing concern among people to live healthier lives with consistent diets, better healthcare, and stretching exercises. This is one of the main factors influencing the market for video on demand (VOD) services, according to Future Market Insights (FMI). By 2021, the market is anticipated to reach more than US$ 81 Bn, according to FMI.

The global digital forensics market is poised to increase at a CAGR of 11.2%, reaching US$ 23.62 Bn by 2030 from a market valuation of US$ 10.07 Bn in 2022.

Digital Forensics Market Size (2022)	US$ 10.07 Bn
Sales Forecast (2030)	US$ 23.62 Bn
Global Market Growth Rate (2022 to 2030)	11.2% CAGR
Share of Top 5 Market Players	55%

Despite having high demand, several factors such as lack of knowledge, budget constraints, unavailability of sufficient resources, and others, digital forensics solutions are confined in the SMEs.

Furthermore, factors such as non-operational manufacturing units during lock down, decreased manpower, unavailability of raw materials, and others have slowed down the market growth which is expected to go on till the end of this year.

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Some of the key takeaways from the report are highlighted below-

• The increasing cases of cyber threats and attacks in the government, law enforcement, and others sectors is resulting in higher adoption of digital forensics solutions over the world
• Among the end users, government & law enforcement sector will maintain the lead, followed by the legal services firms throughout the forecast period
• North America digital forensics market will lead other regions during the forecast period

Rising Adoption of Artificial Intelligence Boosting Growth

Since the past decade, artificial intelligence is being increasingly adopted by the digital forensics market in order to obtain more advanced results.

As artificial intelligence is highly efficient in locating, and identifying relevant elements in video clips and pictures in order to spot the commonalities in time stamps, places, communications, and others, it is widely preferred by the digital forensics market across the globe.

With the increasing adoption of artificial intelligence, digital forensics market is getting more efficient and fast in data investigation, data recovery, and other crucial parts of crime investigations.

As artificial intelligence is getting more widely popular, its increased adoption is expected to grow the global market further in the near future.

COVID-19 Impact Analysis

The outbreak of novel coronavirus outbreak in the current year has negatively impacted the global digital forensic market. Various restraining factors such as closed manufacturing units, scarcity of raw materials, unavailability of labors, economic crisis, and others have declined the market growth.

Despite facing decreased demand due to the ongoing pandemic, the global digital forensics market has high potential to grow further.

According to FMI, the global market is expected to grow by both value and volume during the forecast period from the year 2020 to 2030.

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Who is Winning

The global digital forensics market has unlimited potential worth getting utilized by the key market players. The top companies such as FireEye Inc., IBM Corporation, Micro Systemation AB, KPMG and others are giving their best efforts to leverage the market potential.

For instance, FireEye Inc. has released their new digital forensics and incident response for PLCs in order to effectively response to the attacks against Industrial Control Systems (ICS).

Recently, KPMG has come up with their dedicated forensic technology lab for recovery and use of critical digital evidence to support investigations and litigation.

IBM Corporation has launched their extensive range of digital evidence management and saving solutions to provide fast actions during the investigation.

Digital Forensics Industry Survey

Digital Forensics Market by Type:

• Computer Forensics
• Mobile Device Forensics
• Network Forensics
• Database Forensics
• Cloud Forensics

Digital Forensics Market by Component:

• Digital Forensics Hardware
• Digital Forensics Software
• Digital Forensics Services

Digital Forensics Market by End User:

• Government & Law Enforcement
• Legal Services Firms
• Military & Defense
• IT & Telecom
• BFSI
• Others

Digital Forensics Market by Region:

• North America Digital Forensics Market
• Latin America Digital Forensics Market
• Europe Digital Forensics Market
• East Asia Digital Forensics Market
• South Asia & Pacific Digital Forensics Market
• Middle East & Africa (MEA) Digital Forensics Market

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More Valuable Insights on Digital Forensics Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global digital forensics market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030.

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

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In its recent report titled ‘‘Core Banking Solution Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’, Future Market Insights has comprehensively assessed the core banking service market that is on track to witness a robust CAGR of 5.1% for the forecast period.

Component – Software Dominates Services Component in Core Banking Solution Market

The software component is larger than its service counterpart in the core banking solution market and is expected to gain significant BPS over the duration of the study. The software segment may well be worth US$ 65 billion by the year 2027 and see steady revenue growth throughout the decade.

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Region – North America Critical in Core Banking Solution Market

North America is the largest region in the core banking solution market and is on track to retain this position for the foreseeable future. However, Western Europe is poised to gain a massive 250 BPS till the end of 2027, making the developed world the hub of the core banking solution market. The North America core banking solution market is anticipated to cross US$ 6 billion by 2027 with the US accounting for approx. US$ 3.9 billion. However, Canada is poised to record a higher CAGR during this time making it a lucrative opportunity for key stakeholders in the core banking solution market.

End Users – Banks Have Maximum Need of Core Banking Solutions

Banks have the largest share in the core banking solution market and are likely to remain so for some time. Banks have a market attractiveness index of 5.0 by end user, substantially more than that of financial institutions in the core banking solution market. The bank segment is predicted to grow with the highest CAGR of 5.6% from 2017 to 2027. Branch less banking is a new trend that should benefit the core banking solution market as it allows banks cater to the requirements of their customers in far-off rural areas who are unable to access physical banks. This is particularly relevant in underserved emerging economies such as APEJ and Latin America.

Competition Dashboard in the Core Banking Solution Market

Future Market Insights has profiled some of the players in the core banking solution market. The companies are SAP SE, Oracle Corporation, Infosys Limited, FIS (Fidelity Information Services), Tata Consultancy Services Private Limited, Misys, HCL Technologies Limited, Temenos Group AG, Capgemini, Infrasoft Technologies Ltd., IBM Corporation, Nelito Systems Ltd., COBISCORP, and Wipro Limited.

Customer Satisfaction and Retention Critical in Core Banking Solution Market

As a result of cutthroat competition in the banking sector, retail banks now face the challenge of customer retention and core banking solutions are the link between banks and their customers in ensuring this is addressed. Core banking solutions allow banks to perform an effective customer analysis while simultaneously enabling customers to carry out their usual banking transactions. Customer satisfaction is improved with the core banking solutions and the latter go a long way in reducing customer effort.

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North America and Europe have Well-Developed Financial Infrastructure

North America and Europe have a robust financial infrastructure in place with New York and London being the global capitals of financial transactions. The Western Europe banks segment is anticipated to have a value of almost US$ 3 billion by end 2027 that should make it roughly twice the size of financial institutions at that time. A similar potential exists in the North America banks segment as is it predicted to push past US$ 3.1 billion in end 2027.

Key Takeaways

Key stakeholders in the core banking solution market would do well to focus their attention on emerging economies such as India whose governments are aggressively courting foreign direct investment and offering ample untapped opportunities. Increasing the footprint by expanding in emerging economies is naturally increasing the bank’s customer base and core banking solution vendors must provide accurate and fully featured products that enable banks to handle skyrocketing customer data coupled with banking operations. Furthermore, financial institutions and large banks have flown the globalization wave and now offer 24/7 availability to their customers. Core banking solution providers can be beneficiaries of this by delivering one-stop centralized solutions that monitor the bank’s global network along with ensuring anytime, anywhere customer accessibility.

Core Banking Solution Market Taxonomy

End User

• Banks
• Financial Institution
• Others

Component

• Software
• Services

Region

• North America
• Western Europe
• Eastern Europe
• Latin America
• APEJ
• Japan
• MEA

About Us

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

Contact:

Future Market Insights Inc.   
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Future Market Insights presents a new report titled ‘Varactor Diode Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’ that studies the performance of the global varactor diode market over a ten year assessment period from 2017 to 2027. The report presents the value forecasts of the global varactor diode market and provides important insights into the factors driving market growth as well as the factors restricting market growth. As per the assessment of Future Market Insights, the global varactor diode market was estimated to be valued at nearly US$ 490 Mn in 2017 and is likely to reach a valuation of nearly US$ 1,300 Mn in 2027 and in the process exhibit a CAGR of 10.3% during the period of assessment 2017-2027.

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Moreover, there is an increasing demand for consumer electronics globally. The consumer electronics market includes smartphones, tablets and electronic gadgets like DVD recorders and players. Due to the increasing demand for such kind of devices, there is a positive impact on the global varactor diode market. Also, the demand for varactor diodes is expected to be driven by emerging consumer electronic technology products during the forecast period.

Rising Adoption of 5G Technologies in the Coming Years and Increasing Usage of Smartphones to Boost the Global Varactor Diode Market

Varactor diodes that are used in wireless infrastructure play an important role in the proper functioning of 5G technology, as these diodes are increasingly used for enhanced linearity function for high speed applications. Due to the emergence of 5G technology, there will be a significant increase in the sales of electronic goods such as smartphones, laptops and tablets. Presently, 5G technologies are under research and development stage, and varactor diodes are majorly integrated in VCOs, and are used in applications like radar, consumer devices and seaports. Hence, manufactures are grabbing the chance of expanding their product portfolio of different kinds of varactor diodes that are used for several applications.

In addition, the market for varactor diodes is expected to witness a significant traction due to the fact that the proliferation of smartphones is happening at a fast rate all across the world. Since mobile phones accompanied with high speed data services are the norm of the day with a high usage rate, this is likely to positively impact the global varactor diode market.

Global Varactor Diode Market: Segmentation and Forecast

The global varactor diode market is segmented on the basis of breakdown voltage, application and region.

• By breakdown voltage, the 5V-30V segment was estimated to be valued at nearly US$ 300 Mn in 2017 and is likely to reach a valuation of nearly US$ 780 Mn in 2027, exhibiting a CAGR of 10% during the period of forecast 2017-2027.
• By application, the mobile devices segment was estimated to be valued at nearly US$ 260 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 750 Mn in 2027, displaying a CAGR of 11.2% during the assessment period.
• By region, the APEJ varactor diode market was estimated to be valued at nearly US$ 140 Mn in 2017 and is expected to reach a valuation of nearly US$ 420 Mn in 2027, exhibiting a CAGR of 11.7% during the period of forecast.

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Global Varactor Diode Market: Competitive Landscape

In this report, some of the important players functioning in the global varactor diode market have been profiled, which include players such as NXP Semiconductors, STMicroelectronics, MACOM, Vishay Intertechnology, ON Semiconductor, Analog Devices Inc., Infineon Technologies, Integrated Device Technology Inc. and Micro Semi Corporation.

Market Taxonomy

By Breakdown Voltage

• 5 V- 30 V
• 31V – 65V
• 65 V & Above

By Application

• Defence, Aeronautics and Marine
• Satellite Communication
• Mobile Devices
• DVD Recorders

About Us

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

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
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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