Mercury Testing Service Market is Expected to Grow at a CAGR of ~5% During the Forecast Period by 2028

The mercury testing service market is anticipated to grow at a CAGR of ~5% during the forecast period of 2018-2028. According to the survey, revenue from the mercury testing service industry reached US$ 800 million in 2018, up 5% year over year in 2019.

Increased business and governmental organisations are focusing on defining sediments, soil, and waste water samples in light of the expanding regulatory emphasis on monitoring the rate of mercury emissions. As a result, mercury testing service providers have a plethora of opportunities.

Mercury has emerged as one of the biggest challenges to the health and safety of natural environment, and is rapidly making inroads into food, healthcare, agriculture, mining, and oil and gas industries. Heavy metals continue to put human health at stake, which in turn has led to enforcement of stringent laws that are mandating the near-constant adoption of mercury testing services for food and pharmaceutical products QA.

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Dire Need for Detoxification of Agricultural Produce Unlocking Gains in Fast-Growing Economies

The study opines that rapidly increasing crop production in fast-growing countries, such as China, India, and Mexico has been bolstering the demand for heavy metal testing for food products in the region. Adoption of mercury testing services for detoxifying food products in these countries collectively accounted for revenues worth ~ US$ 44 Mn in 2018. Hg testing service providers are leveraging every pertinent approach to capitalize the growing demand for swift and precise heavy metal testing services that validate food samples QA. Additionally, growing awareness about the role of mercury testing services in determining mercury content in an array of food products, such as dairy products, meat, cereals and grains, and eliminating its hazardous effects, is creating opportunistic avenues for partakers.

Moreover, the expanding healthcare and pharmaceutical industries in South as well as East Asia are creating an increased traction for mercury testing of medicines, in light of the grave heath impacts of consuming heavy metals, particularly on pregnant women and infants. Growing use of mercury testing services to determine Hg content in human body via blood, hair, and urine test has garnered substantial momentum over the years, while registering ~22% market value share in 2018. As a matter of fact, leading players are placing their focus on squeezing additional margins by infiltrating in these lucrative regions. Bureau Veritas, for instance has acquired China-based Shenzhen Total-Test to expand its footprint in the food quality and safety sector in the region.

As per the FMI study, though significant challenges persist in Hg analysis, mercury testing service providers, having felt the heat of issues caused by the tedious process of sample preparation or the mercury analysis step, are employing advanced swift techniques. As the most recent generation of ICP-MS or cold vapor systems may leave room for error even after the long cleaning cycles, regulatory bodies are increasingly emphasizing direct mercury analysis as a viable alternative to counterparts. Several service providers are thereby, employing direct mercury analysis and have in fact, used it successfully to identify and wipe away total mercury in various solid, liquid and gas samples.

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The report indicates a significant surge in mercury testing service market owing to the dire need for Hg analysis to detect and quantify mercury precisely in the oil & gas industry. This is further propelled by a significant rise in demand for mercury testing services for sampling, testing, and trace-level detection in natural gas with wide applications across different industries.

Key SegmentBy Analysis Type

  • Total Mercury Analysis
  • Trace Mercury analysis

By Technology

  • CV-AFS
  • ICP-AES/OES
  • ICP-MS

By Service Type

  • On Site Service
  • Off Site Service

By End Use

  • Food
  • Healthcare
  • Oil&Gas
  • Mining
  • Agriculture
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA
  • Emerging Countries

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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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Educational Tourism Market to Exhibit Compound Annual Growth Rate (CAGR) of 17.2% in 2031

The global educational tourism market is predicted to reach a value of US$ 1,947.0 billion by 2031, with a robust CAGR of over 17.2%.

Governments all across the globe have contributed to the modernization of the education system by creating smart learning initiatives and aligning education curricula with global teaching standards.

The as artificial intelligence (AI), machine learning, virtual reality (VR), augmented reality (AR), etc. has led to the adoption of more efficient methods of teaching and in turn delivering an enhanced quality of education.

Governments have adopted several initiatives to support the integration of technology into the education system. For example, the UAE has initiated an Innovation Hub by Oracle in Dubai, allowing students to pitch ideas for developing technological changes.

Meanwhile, the UAE government has allocated funds towards ICT development and establishment of 122 innovation libraries in schools with Arabic representation in technology in order to encourage and promote education among Arabic-speaking students.

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The main objective for integrating new technologies into the educational system is to enable students to adapt to the ever-evolving dynamics of various industries. Moreover, regional governments are focusing on creating an ecosystem led by innovation and a knowledge based economy.

Therefore, the adoption of these technologies into the education system remains a top priority for government authorities.

Key Takeaways from the Educational Tourism Market Study

  • India, the U.S., the U.K., France, and Japan among others are the most popular destinations for educational tourism.
  • The U.S., the U.K., China, and Australia among others are top-visited countries in the world for educational tourism and are becoming an education hub for international students.
  • In terms of course type, master degree will be the most preferred type among consumers, contributing over 71% of global market share
  • Students are the primary end-users, enabling the global educational tourism market growth and are expected to generate over 39% of revenue during the forecast period
  • Global travel companies are anticipating high growth in the educational tourism sector. Though nascent in certain areas of the world, many travel companies are conducting educational tours, thereby promoting the importance of education and contributing to the growth of the educational tourism sector.
  • The concept of informal learning is more appreciated than formal learning, i.e., “education with travel”. Further, the thirst for knowledge has also increased thereby encouraging people to travel across the globe to gain knowledge of different concepts and technologies that they had studied earlier.

“Given the ever-growing demand for higher education and to bring to the attention of the local authorities to the implementation of the national strategy for international cooperation, international student recruitment has become a priority.

Implementation of various policies and measures to help recruitment of a higher number of international students will therefore present highly lucrative growth opportunities for the market,” says an FMI analyst.

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Impact of Covid-19 & 2020 Market Analysis

Educational tourism has been one of the most affected industries from the very beginning of the outbreak of the coronavirus, with airlines on the ground, the suspension of outgoing and incoming flights, nationwide lockdowns, hotels closing and travel controls enforced.

In the FQ-20, the pandemic limited the arrival of international visitors to a fraction of what they were one year before. Countries all over the world imposed travel restrictions to limit the spread of the coronavirus, which broadly affected the overall tourism industry.

Additionally, The Director-General and CEO of IATA reported that financially, 2020 was the worst year in aviation history. On average, US$ 230.0 Mn has been added to business losses on each day of this year, contributing to a net loss of US$ 84.3 Bn dollars.

In 2020, with the extreme effects of the Covid-19 pandemic, in contrast to 2019 estimates, foreign tourism decreased by 22% in Q1 and by 65% in the first half of 2020, which directly impacted the educational tourism industry.

Who is Winning?

Players in educational tourism market adopts a virtual and online approach to connect with potential people. For instance, key players such as GVI Company, EF Educational Tours, and M.K.H Consultancy Services, among others provides virtual internship program and online classes. This approach helps the players to attract more customers.

Few key players in the educational tourism market are Meridean Overseas, GVI Company, Global Volunteers, Capital Tours, Inc., EF Educational Tours, Road Scholar, AAI Edutourz, ACIS Educational Tours, GoIreland, Qadri International Education Consultancy, Intelligent Partners, Futures Abroad, ProEd DMCC, Education Resources Network (ERN), Education Zone, Fact, IQ Education Consultants, M.K.H Consultancy Services, and Stratix Consultants among others.

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Medical Tourism Market is Estimated to Expand at a CAGR of 30.5% in 2032 | FMI

The medical tourism market  is expected to expand at a CAGR of 30.5% between 2022 and 2032. FMI predicts that the market will be worth US$ 75 Billion by 2032. While healthcare efforts remained focused on managing the COVID-19 crisis, reversing growth projections to an extent for 2020, with the situation stabilizing, treatment of life-threatening diseases and chronic ailments will begin gaining traction 2021 onwards.

While an increasing number of Americans are travelling abroad for availing medical treatment, there has been significant surge in inbound medical tourism of the country as well.

The Joint Commission International (JCI), which is a nonprofit organization, evaluates the quality and standard of healthcare facilities across the globe. As a matter of fact, JCI accreditation is recognized internationally as a benchmark for quality care in hospitals and clinics. In the U.S., JCI has accredited nearly 15,000 hospitals in the U.S.

Between 2020 and 2030, the market is forecast to exhibit 12.3% CAGR, as the number of medical tourists is expected to rise at 11% over the same period. Factors such as increasing healthcare costs in the West, increasing incidence of chronic ailments, and surging demand for various cosmetic procedures have been resulting in the soaring medical tourism.

Availability of cheaper treatment options abroad without compromising on the overall standard and quality of healthcare services is the chief driver of medical tourism in the East. The field contributes significantly to the generation of revenue across developing economies, which has been motivating government aids.

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key takeaways :

  • The U.S. is expected to lead in terms of healthcare travel spending, however, in the coming years China’s spending is forecast to surge considerably
  • Among services offered under medical tourism, therapeutic services are highly sought-after. Wellness services too are gaining traction as an increasing number of medical tourists are seeking meditation and wellness retreats
  • Phone and online booking will remain more preferred modes of booking for medical tourism
  • Medical tourism is often sought for cancer and cardiovascular treatment. Besides this, cosmetics and bariatric procedures are very popular among medical tourists

Medical Tourism Shows Resilience amid COVID-19

While the unprecedented COVID-19 outbreak might have caused significant disruptions, recovery is on card, thanks to prompt response by governments around the world. Thailand’s response to the ongoing pandemic, for instance, has won praise from the United Nations, the World Health Organization, and other experts around the world. Thailand has been ranked among the top five countries among 184 in terms of the effectiveness of their battle against the virus.

According to the Thailand Board of Investment, more than 50 applications for investments, worth over US$ 400 million were submitted during the first half of 2020 to introduce a range of novel measures, accelerating investment in the medical sector. Proactive steps taken by government and non-government organizations will enable the medical tourism market sail despite losses incurred during COVID-19.

Who is winning?

Medical tourism market is expanding at a fast rate. Tier 1 companies such as AsklepiosKlinikenGmbH, Bangkok DusitMedical Services, Fortis Healthcare Limited, Apollo Healthcare, BumrugrandInternational Hospitals, ChristusMughuerza, and others contribute nearly 6% to 17% of revenue generated by the market.

Tier 2 companies operating in the market include Asian Heart Institute, Prince Court Medical Center, ShouldiceHospital, Gleneagles Hospital, ClemenceuMedical Centre, AnadoluMedical Centre, and others. These companies account for the lion’s share of the global market.

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Key Segments

Americas

  • Global Healthcare Connections, Inc.
  • Christus Muguerza S.A.P.I De CV
  • Shouldice Hospital

Europe

  • Asklepios Kliniken GmbH

Asia-Pacific

  • Fortis Healthcare Ltd
  • Apollo Hospitals
  • Gleneagles Hospital
  • Bumrungrad international Hospital
  • Bangkok Dusit Medical Services
  • Asian Heart Institute
  • Prince Court Medical Center

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pH Meter Market is Predicted to Advance at a CAGR of 4.2% from 2022 to 2032 | FMI

The unit sales of pH meter market has been estimated to grow by promising 4.7% Y-o-Y in 2019, over 85% of the total sales will be accounted by digital pH meters. In terms of revenue, FMI’s analysis opines that the global pH meter market value will grow at a CAGR of more than 5% over 2019-2027.

More than 1.6 million pH meters were sold in 2018, according to a new analytical study of Future Market Insights (FMI).

Government Regulations Pertaining to Water Treatment Bolster Demand Worldwide

North America is expected to capture a significant share of the pH meter market due to the high adoption of water quality testing machines, which is fuelled by stringent government regulations pertaining to water treatment plants. As per these regulations, water treatment plants need to lower the presence of pollutants that can affect the environment and quality of water.

Moreover, the destructive effect of acidic or alkalinity on high-cost equipment and pipelines, such as condensers, boilers, etc. in the oil & gas and chemical industries, is also expected to boost adoption of pH meters.

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In Europe, the demand for pH meters is increasing in the field of pharmaceuticals and food & beverages industries for checking the acidity of samples. In addition, developing countries in the Asia-Pacific region excluding Japan (APEJ), such as India and China, are undertaking initiatives to reinforce policies about the quality of water and its uses, which is another factor that is estimated to drive the pH meter market over the forecast period.

pH Meter Becoming an Imperative Control Parameter

pH meters are used significantly in scientific, industrial, and household applications across numerous industrial sectors, such as power industries, pharmaceuticals industries, food & beverages industries, the mining sector, and the oil & gas sector. However, according to FMI, burgeoning applications of pH meters in chemical and petrochemical industries will hold a major share in growth of the pH meter market across the globe over the forecast period.

The importance of determining the properties of a chemical samples has been on the rise, which remains the important factor to trigger a high demand for pH meters in the chemical and petrochemical industries for petroleum refining processes. pH is thus becoming an important control parameter in the petrochemical and chemical industries and this is likely to influence upcoming trends in the pH market during the foreseeable future.

Growing Demand for pH Meters in Healthcare Industry

pH meters are commonly used for calculating pH of whole blood PLTs (WBPs) as they are an important equipment used in surrogate test of bacterial infection. pH meters are also used to stop the transfusion of bacterially contaminated WBPs and RBCs. Hence, the demand for pH meters in the biotechnology filed, as well as in hospitals and pharmaceutical laboratories, has witnessed rapid growth. These are also among the major factors propelling the pH meter market across the globe.

Government Regulations Vis-à-vis Water and Wastewater Treatment Boost Demand for pH Meter

The report has cited high demand for pH meters within multiple industrial sectors in North America and Europe, owing to strict regulations by respective governments pertaining to the industrial sector.

Asia Pacific excluding Japan is expected to hold a prominent share of the global pH meter market over the forecast period. Increase in spending by the governments and organisations to cope with the rapidly growing urbanisation, water policies, the implementation of safe water principles, as well as numerous international protocols & policies to ensure water safety are some of the factors that are estimated to fuel the growth of the pH meter market in the Asia Pacific excluding Japan region.

In the Middle East & Africa, the pH meter market is estimated to grow significantly as the World Health Organization has published stringent guidelines pertaining to the obtainability of safe water for the public, as Middle East Africa has the lowest number of people with access to safe drinking water. Governments in the Middle East Africa region are focusing on refining the quality of water, which is another parameter fuelling the growth of pH meter market in the Middle East Africa. These are some of the factors fuelling the growth of the market across the globe.

Tier-1 Manufacturers in pH Meter Market to Emphasize Strategic Acquisitions

According to the FMI analysis, Mettler-Toledo, Emerson Electric Co. and Thermo Fisher Scientific are among the prominent manufacturers of pH meters. Developments and innovations in pH meters, along with developing relations with customers and rising number of acquisitions, are among the prominent strategies followed by the manufacturers of pH meters.

Some of the key manufacturers of pH meters are Endress + Hauser Digital Labs GmbH, Hanna Instruments, Omega Engineering, Agilent Technologies, PerkinElmer, ThermoWorks, WTW inoLab, Beckman Coulter, Metrohm, Contech, Sartorius AG, and Hach.

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pH Meter Market: Segmentation

On the basis of end use

  • food & beverages
  • pharmaceutical & hospitals
  • biotechnology
  • chemical & petrochemical
  • environmental research
  • educational institutes
  • water & waste water management

On the basis of product type

  • digital
  • analogue

On the basis of modularity

  • portable
  • benchtop pH meters

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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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LTE Testing Equipment Market Will be Deployed as it is Used in Wireless Technology Across the Global by 2027

Huge investments by the governments of various countries for the roll-out of 4G/5G networks to have a positive impact on the growth of LTE testing equipment market. Increasing adoption of IoT and upgradations in LTE testing equipment to drive global market growth

LTE (Long-Term Evolution) is expected to continue to develop and be deployed as it is used in wireless technology across the globe. Continuous innovations in LTE include LTE Advanced and LTE Advanced Pro, which support unlicensed frequency bands, wider bandwidths, more carrier aggregation, multi-gigabit data rates, full-dimension MIMO and others.

LTE testing equipment is used to overcome the challenges associated with the implementation. LTE testing equipment conducts various tests such as carrier test, battery test, OTA test, field test and conformance test. Also, LTE testing equipment performs the validation and optimisation of solutions to enhance the performance and lifespan of solutions.

LTE testing equipment performs carrier tests for evaluating receiver diversity, beam forming, spatial multiplexing, wideband signal analysis and others as well as battery tests that require an emulated wireless link and network to perform realistic use-case analysis for the performance of carrier acceptance testing, network emulation and channel emulation.

LTE testing equipment provides an OTA test for protocol handshaking, channel modelling, UE emulation and network emulation. Moreover, LTE testing equipment also performs conformance test for testing the RRM, RF, signalling functionality and performance as per 3GPP & GCF standards.

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Initiatives by Governments for the Launch of 4G/5G Projects

Government of various regions are making huge investments for the roll-out of 4G/5G networks and these factors have a positive impact on the growth of LTE testing equipment market. For instance, South Korea has the highest penetration of LTE network around 97% in 2017. Telecommunication companies in South Korea are adopting LTE testing equipment for the test and measurement of LTE in multiple devices. The rapid roll-out of LTE network is expected to create high demand for LTE testing equipment worldwide. For instance –

  • In September 2017, SK Telecom, wireless carrier in South Korea, expanded its LTE technology to 75 cities and 31 countries in Korea. SK Telecom provided a network with speed between 700 Mbps to 900 Mbps. These developments are creating high demand for LTE testing equipment and significantly contributing to the growth of the LTE testing equipment market.

Increasing Demand for LTE Testing Equipment from Telecommunication Service Providers

Increase in the global adoption of smartphones is leading to a rapid increase in data traffic, which is increasing the strain on the communication infrastructure. These factors are encouraging service producers across the world to upgrade to LTE networks to ensure the capacity and coverage to meet consumer requirements at affordable costs, which is boosting the demand for LTE testing equipment among telecommunication service providers.

The telecommunication service providers segment of the LTE testing equipment market is expected to capture a significant market share of the global LTE testing equipment market during the forecast period.

  • For instance, in February 2018, VNL Limited announced the launch of a 4G LTE network in rural India. Under the ‘Make in India’ scheme, the telecom equipment manufacturer will provide LTE products with seamless connectivity at a low price.

These developments are expected to fuel the demand for LTE testing equipment in India during the forecast period.

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Increasing Adoption of IoT and Upgradations in LTE Testing Equipment

Increase in spending on research and development is a key factor driving the LTE testing equipment market. Furthermore, the high adoption of Internet of Things (IoT) will create potential growth opportunities for the LTE testing equipment market during the forecast period.

The rapid development of IoT is resulting in the integration of a vast network of smart cellular-connected machines and devices, which has resulted in the emergence of a wide range of new connectivity options that are influencing the growth of the global LTE testing equipment market.

  • In June 2016, Qualcomm Technologies announced that it has secured over 100 designs of modems especially for the IOT concept, which also aids in the evolution of the LTE technology to get transformed into a unified, scalable IOT platform, and helps address connectivity and power challenges (as it provides long battery backup) in a wide range of applications that include industrial design, smart cities and commercial applications. These advancements and applications are expected to drive the global LTE testing equipment market.

Increasing Adoption of Smartphones in Asia Pacific Excluding Japan

The LTE testing equipment market in Asia Pacific Excluding Japan (APEJ) is expected to dominate the global LTE testing equipment market owing to the increasing adoption of smartphones and the increasing demand for high-speed Internet. The developing countries of MEA are also expected to capture a substantial share of the global LTE testing equipment market owing to the growing infrastructure in the region.

As per FMI analysis, partnerships between telecom providers & device manufacturers and advancements in LTE testing equipment are among factors that are likely to increase revenue, which is expected to enable the manufacturers of LTE testing equipment to reach new growth markets.

Some of the market participants in the global LTE testing equipment market report include ROHDE&SCHWARZ; Anritsu; Agilent Technologies, Inc.; Spirent Communications; Aeroflex Inc.; Anite; Ixia; IDSU; EXFO; TEKTRONIX, INC.; Dana Ter; Fluke Corporation; Zhejiang Dingli Machinery Co., Ltd. and Keysight Technologies, Inc.

Companies such as EXFO and Ixia are expected to increase their share in the LTE testing equipment market by expanding their product portfolio with technologically advanced LTE testing equipment.

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Key Segment

On the basis of type

  • OTA Test
  • Carrier Test
  • Battery Test
  • Conformance Test
  • Field Test

On the basis of application

  • research and development
  • manufacturing
  • installation and monitoring

On the basis of end-user

  • network equipment manufacturer
  • mobile device manufacturer
  • telecommunication service provider.

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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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Confectionery Fillings Market High State of Affairs, SWOT Analysis, Business Summary & Forecast 2032

Holding a worth US$ 1,200 Million out of 2022, the worldwide market for confectionery fillings market is supposed to show a CAGR of 4.8% while gathering US$ 1,917.8 Million by 2032. The development of the market can be credited to the developing prominence of sweet shops and evolving ways of life.

Confectionery fillings are a valuable product of various sweets. Due to the hectic schedule, consumers are more dependent on confectionery products, as it takes less time to prepare. Confectionery fillings are used in various types of applications including cookie, cake & muffin, chocolates, etc. which provide the product texture, sweetness, and flavor.

Major confectionery fillings companies offer various filling ranges such as fast-melting fillings, organic fillings, caramel fillings and many other fillings. The confectionery fillings are often liquid, semi-liquid or in solid form, and the viscosity of fillings is controlled by the texturizing agents, crystal and dry substance in the products.

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Global Confectionery Fillings Market: Market Dynamics

The key factors which drive primarily the growth of the global confectionery fillings market are significantly growing demand for flavored food and quickly prepared healthy food across the globe. The macroeconomic factors which drive the confectionery fillings market are the rapid rate of urbanization globally along with emerging countries such as China, Brazil, and India. Moreover, robust growth in working women is one of the major factors which drive the global confectionery fillings market over the forecast period.

Another factor which drives the global confectionery fillings market is rapidly growing chocolate industries across the globe. The key restraining factor of the global confectionery filling market is to gain high fat, more calories along with increasing chances of obesity and diabetes that hinders the market to grow in the forecast period. Moreover, high innovation in flavor and blends along with the high demand for organic and specialty in fillings will create opportunity in the forecast period.

Global Confectionery Fillings Market: Regional Outlook

Based on geographies, the global confectionery fillings market is classified into seven regions such as North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Latin America, Japan and the Middle East and Africa. Among above-mentioned regions, North America captures the high market share in the global confectionery fillings market over the forecast period, owing to the high popularity of nut-based confectionery fillings along with the mixture of candy with nuts across the region. Western Europe accounts the second highest market share followed by Asia-Pacific market.

USA accounts highest market share followed by U.K. and China. The Asia Pacific region is estimated to witness the highest growth rate, owing to rapidly growing population as well as significant demand across this region over the forecast period. India is estimated to see high growth rate after China due to popularity for the vegetable flavors among young demographics across the country. Japan is predicted to showcase high growth rate, attributed to growing demand for chocolates based fillings along with bakery products among young consumers across the region over the forecast period.

MEA is estimated to showcase the moderate growth rate across the region, owing to growing chocolate industries majorly in GCC countries such as UAE, Saudi Arabia. Brazil is predicted to witness high growth rate across Latin America region due to high demand for fruit-based confectionery fillings along with ice cream fillings across the region.

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Global Confectionery Fillings market: Key players

Few key players of the global Confectionery Fillings market are Parker Products, Prosto Petro Group., Fuji Oil Europe, BARRY CALLEBAUT, Domson, Belgo Star, Clasen Quality Coating, Toje, Sirmulis, AAK, Alsino, Zentis, Cargill and many other key market players.

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

The report covers exhaust analysis on:

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

Global Confectionery Fillings Market: Market Segmentation

Global confectionery fillings market can be segmented by form type, product type, application type, distribution channel type and region type.

Based on the product type, global Confectionery Fillings market is classified into followings:

  • Fruit Fillings
  • Non-fruit fillings
  • Nut-based fillings

Based on the application type, global Confectionery Fillings market is classified into followings:

  • Adding texture
  • Flavoring
  • Decorating
  • For Baking
  • others

Based on the Form type, global Confectionery Fillings market is classified into followings:

  • Liquid
  • Semi-liquid
  • Solid

Based on the distribution channel type, global Confectionery Fillings market is classified into followings:

  • Wholesaler/Distributor
  • Modern Trade
  • Convenience Stores
  • Online Sales
  • Other Sales Channel

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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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Fortified Eggs Market slated to grow at a CAGR of 8.3% with Valuation of US$ 805.3 Mn by 2032

According to a recent report by Future Market Insights, the global sales of fortified eggs are estimated to reach a value of US$ 805.3 Mn by 2032, with overall market accelerating at 8.3% CAGR over the forecast period (2022-2032).

Increased consumption of processed foods facilitated by practical accessibility to them through well-developed retail channels will boost the industry’s growth. Fortified eggs give consistency and help in maintaining the smoothness of emulsions in food or drink manufacturing processes.

Rapid urbanization and robust economic growth have amplified the demand for processed foods across the world. In order to improve the quality, appearance, texture, and nutritional content of these processed foods, manufacturers use products like fortified eggs.

Thus, rapid expansion of food processing and food service industries will continue to boost growth of the global fortified eggs market during the forecast period.

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Similarly, rising awareness about the health benefits of fortified eggs, especially across emerging economies will boost sales in the market.

Key Takeaways from Market Study

  • Based on nutrients, omega-3 fatty acids segment is expected to grow at a CAGR of 7.5% during the forecast period.
  • By end use application, food processing segment is likely to emerge as the most remunerative segment in the global fortified eggs market during the forecast period.
  • North America will continue to remain the most dominant fortified eggs market during the assessment period.
  • The fortified eggs market in Germany is anticipated to reach a valuation of US$ 20.6 Mn by 2032.
  • The U.S. fortified eggs market is projected to reach a market valuation of US$ 90.8 Mn by 2032.

Fortified eggs are used in bakery and confectionary products in the food and beverage industry. Thus, rapid production and consumption of these products will continue to boost fortified egg sales over the next ten years,” says a lead analyst at Future Market Insights.

Who is Winning?

The market participants in the Fortified Eggs market are using a variety of development strategies to increase their market share, increase profitability, and remain competitive.

Clover Stornetta Farms, Inc., Eggland’s Best, Inc., Oakdell, NutriPlus, Boulder Brands USA, Inc., Farm Pride Foods Ltd., Vital Farms, Wilcox, Organic Valle, and Nutrigroupe etc. are among the key players profiled in the report.

Get More Valuable Insights

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

The study divulges compelling insights on the Fortified Eggs based on Micronutrients (Vitamins, Folic Acid, Vitamin D, Omega-3 fatty acids, Others), by End Use Application (Bakery, Confectionery, Beverages, Dairy Products, Processed Food, Food Service, and Retail Others (Pet Food, etc.)), 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 fulfil the unique business intelligence needs of clients worldwide. With a catalogue 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.

Fortified Eggs Market by Category

By Micronutrients:

  • Vitamins
    • Folic Acid
    • Vitamin D
  • Omega-3 fatty acids
  • Others

By End Use Application:

  • Food Processing
  • Food Service Industry
  • Retail/Household
    • Modern Trade
    • Traditional Grocery Stores
    • Convenience Stores
    • Specialty Stores
    • Online Retail
    • Wholesale Stores
    • Other Sales Channel

By Region:

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

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Frequently Asked Questions

  • What is the current size of the global fortified eggs market?
  • At what rate will the fortified eggs market grow?
  • What is the expected value of the fortified eggs market by 2032?
  • What are the key factors driving the fortified eggs market?
  • Which is the most lucrative region in fortified eggs market?
  • What are the key strategies adopted by major players of fortified eggs?
  • Who are the key players in the fortified eggs market?

About FMI

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

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Cheese Analogue Market to Surpass US$ 3.9 Bn at 6.3% CAGR between 2022 and 2032 | Future Market Insights Inc.

The global cheese analogue market is anticipated to grow from US$ 2.1 Bn in 2022 to US$ 3.9 Bn by 2032, with sales accelerating at 6.3% CAGR throughout the forecast period. Rising demand for cheese alternatives across various end use sectors is a key factor boosting sales of cheese analogue in the market.

In recent years, there has been a shift toward plant-based dairy alternatives. The plant-based dairy industry is predicted to grow rapidly. Because counterfeit cheeses are made by replacing milk fat and protein with vegetable-based ingredients like oils and starch, they are less expensive than traditional cheeses.

Furthermore, because the product is manufactured utilising various additives, these cheeses do not require a ripening stage, which lowers the initial capital cost of building a production unit.

Vegans can enjoy non-dairy cheese analogues, often known as plant-based cheese analogues (PBCAs). These cheeses are thought to have textural quality traits that range from undesirable to passable. They don’t quite match the physical sensory characteristics of traditional cheese, but some researchers are attempting to achieve the right texture properties by using just plant-based ingredients.

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Similarly, surge in the number of lactose intolerant people and growing awareness about the potential benefits of cheese alternatives, especially across emerging economies will boost growth in the global cheese analogue market during the forecast period.

Key Takeaways from Market Study

  • By type, plant-based cheese analogue segment will continue to dominate the global market during the forecast period.
  • Based on distribution channel, the B2C segment will contribute most to the global cheese analogue market.
  • North American cheese analogue market is expected to register 5.8% CAGR between 2022 and 2032.
  • The cheese analogue market in Japan will grow at 7.6% CAGR between 2022 and 2032.
  • Demand for cheese analogues in India is anticipated to rise at a CAGR of 8.7% during the assessment period.

“Veganism has become more popular in recent years due to a number of factors including an increase in the number of people with lactose intolerance, people’s concern for animal welfare, and the trend of veganism represented by athletes and Hollywood stars. This aspect is anticipated to boost demand for cheese substitutes” said a lead analyst at FMI.

Business to Consumer Models are Trending Significantly in Food and Beverage Market

Importance of Business to consumer (B2C) models is increasingly in the food and beverage segment, which allows producers to get insights into consumers’ behavior. When implemented well, this model allows higher margins to producers. Additionally, the growth in B2C has been driven by the fact that buyers are demanding a better experience, and personable service.

B2C allows companies to build a direct relationship with the consumer that would not be available through other channels. The specialty stores and online retailing are helping manufacturers to identify the new upcoming trends and improvise the product according to the consumer’s demand.

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Who is winning?

Some of the leading companies offering Cheese Analogue are Groupe Lactalis, Daiya Foods Inc., Miyoko’s Kitchen, Inc., Lyrical Foods, Inc., Whitehall Specialties Inc., Bute Island Foods Inc., Blendhub Corporation Group, Ingredion Inc., Ornua Ingredients, MCT Dairies, Inc, A.I.F. Ingredients, and Others.

Cheese Analogue Market By Category

By Type:

  • Dairy-based Cheese Analogue
  • Plant-based Cheese Analogue
  • Partial Dairy-based Cheese Analogue

By Form:

  • Liquid
  • Slices
  • Cubes/Blocks
  • Shredded
  • Powder
  • Spreadable

By End Use:

  • Retail / Household
  • HoReCa
  • F&B Industry

By Distribution Channel:

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Traditional Groceries
    • Online Retailers

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Frequently Asked Questions

  • How big is the cheese analogue market?
  • At what rate will the global cheese analogue market grow?
  • What is the projected valuation for cheese analogue market?
  • At what rate will the demand for cheese analogue grow in Europe?
  • What is the North America cheese analogue market outlook?
  • At what rate will cheese analogue market grow in Japan?
  • How will growth unfold in Indian market?
  • Who are the key players operating in the global cheese analogue 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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Dry Sweeteners Market to Grow at CAGR of 6.5% to Reach up to US$ 7,884 Million by 2032

Worldwide dry sweeteners market request is expected to be esteemed at US$ 4,200. Millions of every 2022, estimate a CAGR of 6.5% to be esteemed at US$ 7,884 Million from 2022 to 2032. Development is credited to the rising interest for bread kitchen items. From 2016-2021 a CAGR of 4.1% was enlisted for the dry sweeteners market.

Dry sweeteners are sweetening agents that are mostly used in the bakery and confectionery for the preparation of the cookies, cakes, muffins, bread, and nut coatings. Dry sweeteners comprise of malt, raisins, dry honey, fruits sugars, molasses that can replaces liquid or raw sweeteners efficiently and effectively. Dry sweeteners mainly come in flake, powder and crystal form depends on the use of the sweetener in the industry.

Dry Sweeteners Market: Drivers & Restraints

Rising use of confectionery and food products in the food parks, dairy and HoReCa (Hotel, Restaurants, and café) is the key drivers for the growth of the global dry sweeteners market. Additionally, the increasing decorative features in the baking industry and other food industries is expected to increase the demand for dry sweeteners in forecast years. Dry Sweeteners can be used as a decoration by spreading on baking recipes before or after Baking. Dry sweeteners used to add shape, quality, and taste of the food products in food and confectionery industry. Change in life style and increase in disposable income is increasing the consumer base for food industry, this in turn, is expected to increase the demand for dry sweeteners in near future.

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Furthermore, unstable demand and supply ratio is expected to restrain the market growth of dry sweeteners. Lack of awareness in developing economies and fluctuating prices of raw materials are expected to hinder the market growth across the forecast period.

Dry Sweeteners Market: Regional outlook

Based on geography, dry sweeteners market has been categorized into seven key regions i.e. North America, Western Europe, Japan, Asia Pacific excluding Japan, Eastern Europe, and Middle East and Africa. The dry sweeteners market is expected to register healthy growth during the forecast period as the food and beverages market is growing globally. The Asia Pacific represents the considerably high market share and growing with a higher growth rate as the food and beverages market is growing rapidly in the region.

Moreover, North America and Western Europe are growing market with a stabilized rate attributed to the high capita income and changed in lifestyle of the consumers. The dry sweeteners market is steadily increasing with the increasing demand of the confectionery and bakery foods across the globe. The Dry sweeteners market is expected to grow in the forecast period.

Dry Sweeteners Market: Key Players

Some of the major players in the dry sweeteners market are listed below.

  • Archer Daniels Midland Company
  • Sweeteners Plus
  • Marroquin Organic
  • Nordic Sugar A/S
  • Cargill, Incorporated
  • Royal Ingredients Group
  • Tereos Starch & Sweeteners s.a.s.
  • Health Care Products Ltd
  • Malt Products Corporation
  • Jimbo’s Naturally
  • Other players

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

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Dry Sweeteners Market: Market Segmentation

Dry sweeteners market is segmented into different segments based on the product type, application type, form type, and geography. Among application type, dry sweeteners for the decorative purpose in the bakery industry is leading with maximum market share. Furthermore, second largest consumption of drysweetners is in the confectionery foods which maintains the second position in the market. Use of dry sweeteners in food and dairy industry is expected to grow across the forecast period attributed to increase in consumer base as the population is increasing across the globe. The dry sweeteners come in the different forms as like powder, crystal, and flake.

Based on the product type the dry sweeteners market is segmented into:

  • Malt
  • Raisins
  • dry honey
  • Fruits sugars
  • Molasses
  • Other dry sweeteners

Based on the application type the dry sweeteners market is segmented into:

  • Confectionery
  • Bakery
  • Dairy

Based on the form type the dry sweeteners market is segmented into:

  • Powder
  • Crystal
  • Flakes

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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.

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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Coconut Derived Surfactants Market Size, Share, Future Roadmap, Technological Innovations & Growth Forecast To 2032

The global coconut derived surfactants market size is likely to be evaluated at US$ 1,821 Mn in 2022 and is expected to reach US$ 3,342.012 Mn in 2032 and exhibit immense growth at a CAGR of 6.3% in the forecast period.

Surfactants are the organic compounds that can enhance cleaning efficiency, wetting, dispersing, solvency, foaming and lubricity of water and water base substances. This compounds can constitutes both lyophilic (solvent - loving) and lyophobic (solvent-fearing) group in its molecule. Surfactants lowers the surface tension of liquids and allow chemicals to mix more easily.

Surfactants are traditionally being manufactured from the crude oil. Scarcity of crude oil and growing environmental concerns are key drivers of bio surfactants manufactured by using plants and natural substances like coconuts, soybean, grapefruit seed and pulp extracts, corn etc.

Methyl Ester Sulfonates (MES) is the largest consumed bio surfactant derived from coconut and it is the perfect substitute to synthetics surfactants as detergent feedstock.

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Coconut derived surfactants is substitute for alkylbenzen products from crude oil. It is not only ecofriendly but also tender for skin, it can be effectively applied under hard water, for different types of cotton and fabrics.

Many modern surfactants are made from oleochemicals (vegetable derived) rather than petrochemicals (petroleum derived) and are also biodegradable. Oleochemicals, or fats used to synthesize these surfactants include palm and coconut oils.

These surfactants include the anionic alkyl polyglucosides (decyl, lauryl, and octyl), which are made from fatty alcohols from coconut or palm and glucose from corn starch using green chemistry.

Coconut derived surfactant market: segmentation 

Coconut derived surfactants market is segmented on the basis of its application household, detergent, personal care, food processing applications, agriculture chemicals, textiles, institutional applications and others.

The growing environmental awareness and growing market for personal care products in emerging economies is reporting high market demand for bio surfactants. As coconut derived surfactants are natural and no hazards to skin its demand in household detergents market is growing.

Coconut derived surfactants market is also segmented according to its formulations as liquid formulations, bar formulations and powdered formulations. Coconut derived surfactant MES is popularly used in bar and powdered formulations .

The market is further segmented on the basis of region as North America, Latin America, Middle East and Africa, Europe, Asia pacific except Japan and Japan.

Coconut derived surfactant Market: Region-wise Outlook 

In terms of volume Europe is leading regional market for the use of coconut derived surfactant MES followed by North America. Asia Pacific is expected to be fastest going regional market for coconut derived surfactants in near future.

Countries like India and China have major presence of agricultural, textile and personal care industries which is expected to fuel the market demand for coconut based surfactants. Increased consumer demand for natural products is becoming market driver in developing regions.

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Coconut derived surfactants Market: Drivers 

The increasing world demand for product constitute of surfactants is expected to show a significant growth by 2025. Not only in the developing economies but also in developed countries like Japan, where the population is shrinking, is expected to find new applications bio surfactants derived from coconut and other natural sources.

Increased environmental concerns due to the use of crude oil based chemical surfactants such as low bio degradability are expected to be the key demand driver for coconut based biodegradable surfactants.

Growing health awareness in the developing markets like Middle East, Africa & Japan is another prime resource for fueling market demand of bio surfactants. Expansion of old players and emerging new entries in personal care and chemical processing industries also driving market demand. Low cost and easy availability of raw materials is another factor for market growth of coconut based surfactants.

Other qualities of coconut based surfactants awarding high market demand are, super concentrated ingredients and high content of surfactant properties making high performing stain removal, neutral for hard washing and no water pollution as natural substance.

Coconut derived surfactants Market: Key Players 

The key international players and global market leaders manufacturing coconut based surfactants are Stepan Company and Haiquing Biotechnology. Lion Corporation, Huish Detergent, Guangzhou Lonkey Industrial Co. Ltd, Chemithon and KL-Kepong Oleomas have significant market shares.

Key Segments Profiled in the Coconut Derived Surfactants Market Survey

By Application:

  • Household
  • Detergent
  • Personal Care
  • Food Processing
  • Agricultural Chemicals
  • Textiles
  • Institutional Applications

By Formulations:

  • Liquid
  • Bar
  • Powdered

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Frequently Asked Questions

How much CAGR can be estimated for the Coconut Derived Surfactants Market?

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What will be the Size of the Coconut Derived Surfactants Market by 2032?

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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:

Unit No: 1602-006

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Plot No: JLT-PH2-X2A

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For Sales Enquiries: sales@futuremarketinsights.com

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