Sludge Treatment Chemicals Market: Value to Grow by Almost US$ 14,456.8 Million During 2022-2032

Future Market Insights (FMI) delivers key insights on the global sludge treatment chemicals market in its latest report titled, “Global Sludge Treatment Chemicals Market: Industry Analysis and Opportunity Assessment, 2022–2032”. 

Global consumption of sludge treatment chemicals is estimated to be pegged at 10,977 thousand tonnes by 2016 end and is expected to increase at a CAGR of 4.7% over the forecast period (2022-2032).

The global sludge treatment chemicals market is projected to reach a value of US$ 14,456.8 Mn by 2032 end expanding at a CAGR of 4.6% during the forecast period. North America is estimated to account for relatively large market share of 32% by 2016 in the global sludge treatment chemicals market.

Demand for sludge treatment chemicals is expected to increase at a significant pace across municipal and industrial sludge treatment plants owing to the stringent regulations by the government and environmental agencies like Environmental Protection Agency (EPA) in North America.

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Increasing awareness among public and lack of availability of fresh water resources are also major factors expected to drive demand for sludge treatment chemicals market worldwide. Rapid industrialization results in an increase in industrial sludge production which needs to be treated, thus supporting the market growth over near future.

Major market players are focusing on mergers and acquisition strategy to expand their product portfolio and footprints worldwide. However, the introduction of membrane technology and sustainable products have changed consumer demand for sludge treatment technologies with a lower chemical consumption. This factor is expected to restrain the growth of sludge treatment chemicals market over the forecast period.

Vendor insights

Some of the key players identified in the global sludge treatment chemicals market are BASF SE, Chembond Chemicals Limited, GE Water and Process Technologies, Kurita Water Industries Ltd., Kemira Oyj., Thermax Ltd., Akzonobel N.V., Solenis, Veolia Water Technologies etc.

Strengthening of supply chain, particularly in regions such as APEJ and Latin America, is key focus area for players in this market. Manufacturers are focused on developing multifunctional polymers which could help in cost cutting and improved efficiency. A number of sludge treatment chemicals manufactures have been involved in strategic mergers and acquisitions to expand their customer base globally.

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Segmentation highlights

The global sludge treatment chemicals market is segmented on the basis of product type, application, treatment, and region. On the basis of application, the global market is segmented into municipal and industrial sludge treatment chemicals.

  • On the basis of product type, flocculant segment is expected to dominate the market share throughout the forecast period. However, disinfectant segment is expected to expand at a significant rate over the forecast period.
  • Municipal application segment is expected to be the largest segment in terms of revenue throughout the forecast period, due to the increasing investments by the government in establishing sludge treatment plants.
  • On the basis of treatment, primary treatment continues to dominate as the most attractive segment in terms of market share over the forecast period. The primary segment is expected to hold 56.6% of the market share by 2026 end.
  • Tertiary treatment segment is expected to expand at a relatively high CAGR of 5.1% over the forecast period.

Key Segments Covered

By Product Type

  • Flocculant
  • Cationic
  • Anionic
  • Coagulant
  • Organic
  • Inorganic
  • Disinfectant
  • Anti foulant
  • Anti foamers
  • Activated carbon

By Application

  • Industrial
  • Paper and Pulp Industry
  • Food and Beverage Industry
  • Oil and Gas Industry
  • Metal Processing Industry
  • Chemical and Fertilizer
  • Automotive
  • Others
  • Municipal

By Treatment

  • Primary
  • Tertiary

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Regional projections

On the basis of region, Asia Pacific is expected to witness a relatively high CAGR of 6.0% in terms of revenue over the forecast period. North America and Western Europe are expected to contribute significant revenue share to the global sludge treatment chemicals market throughout the forecast period. Stringent regulation pertaining to the treatment of sludge has led to long term supply agreements.

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Acrylic Fibre Market: Projected to Accelerate at a CAGR of 3.9% to top US$ 7,779.0 Million by 2032

Future Market Insights delivers key insights on the global acrylic fibre market in a new publication titled “Acrylic Fibre Market: Global Industry Analysis and Opportunity Assessment, 2022 – 2032”.

Major demand for acrylic fibre is expected to come from Asia Pacific, Middle East & Africa, and Latin America over the forecast period and the global acrylic fibre market is projected to reach a market value of US$ 7,779.0 Mn by 2032 end, registering a CAGR of 3.9% over the forecast period.

The global acrylic fibre market is segmented on the basis of dyeing method, fibre form, blending, end-use and region. As the demand for acrylic fibres is stagnant in the developed economies of North America and Western Europe, significant opportunity for growth in the global acrylic fibre market lies in the regions of APEJ, Latin America, and Middle East & Africa.

Acrylic fibres possess good aesthetic properties owing to their capability to accept multi-colour dyes in clear, bright and muted tones. They impart natural aesthetics to fabrics as opposed to their nylon and polyester counterparts. Also, acrylic fibres have excellent resistance to ultraviolet degradation, weak alkalis, and microbiological attack.

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Due to such physical, chemical, and thermo-biological characteristics, acrylic fibres are becoming popular in their use by blending with other materials such as wool, cotton, polyester etc. Moreover, acrylic fibres are used in various end-use industries such as apparels, home furnishing etc.

With macroeconomic development of these end-use industries supported by regional GDP and population growth, the demand for acrylic fibres is further expected to increase, specifically in the Asia Pacific region over the coming years.

In addition, sporadic supply of wool and cotton at a global level is pushing manufacturers to blend acrylic fibre with wool and cotton for use in the manufacture of products such as blankets, sweaters, etc. Upswing in acrylic fibre raw material prices is forcing manufacturers across the globe to use its substitutes such as polyester, nylon, cellulose etc. for various applications.

These substitutes have economic advantage over acrylic fibre due to better raw material availability, large scale production, and recyclability. Owing to this, acrylic fibre manufacturers across the globe are facing significant challenges to sustain in the market.

Production units are terminating in developed regions such as U.S and Europe owing to strong inter-fibre competition, especially from polyester fibres. Moreover, U.S. and Europe are suffering under rising competition from Asian imports of acrylic fibre and its finished products. These factors are likely to restrain the growth of the global acrylic fibre market.

Vendor insights

Some key players in the global acrylic fibre market are Aksa Akrilik Kimya Sanayii A.Ş. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fiber Group Company, TAEKWANG INDUSTRIAL CO. LTD., Exlan Japan Co. Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., and Vardhman Acrylics Ltd.

Research and development is being carried out to improvise the properties of acrylic fibre by modifying its inherent characteristics. In order to compete with substitutes of acrylic fibre such as polyester and cellulose acetate fibres, key companies in the APEJ region have invested significantly in R&D initiatives.

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Segmentation highlights

  • Global acrylic fibre market is segmented on the basis of dyeing method, fibre form, blending, end-use and region. On the basis of dyeing method, the global acrylic fibre market is segmented into acid, gel, and undyed. The gel dyeing segment is estimated to register a CAGR of 3.8% over the forecast period. The gel dyeing segment is estimated to dominate the global acrylic fibre market, with 56.5% market revenue share, valued at US $ 2,450.99 Mn by 2016 end.
  • On the basis of fibre form, the global acrylic fibre market is segmented into staple and filament. The staple fiber segment is estimated to dominate the global acrylic fiber market, with more than 61.37% market revenue share, valued at US $ 2,658.11 Mn by 2016 end.
  • On the basis of blending, the global acrylic fibre market is segmented into wool, cotton, and others. The cotton blending segment is anticipated to register a CAGR of 3.7% over the forecast period.
  • On the basis of end use, the global acrylic fibre market is segmented into apparels, home furnishing, industrial, and outdoor. The apparels end-use segment is projected to register a CAGR of 3.6% over the forecast period, creating significant incremental opportunity between 2016 and 2026.

Key Segments Covered

By Fibre Form:

  • Staple
  • Filament

By Dyeing Method:

  • Acid
  • Gel
  • Undyed

By Blending:

  • Wool
  • Cotton
  • Others

By End Use:

  • Apparels
  • Home Furnishing
  • Industrial
  • Outdoor

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Regional market projections

The global acrylic fibre market is segmented into seven key regions namely, North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, Latin America, and Middle East & Africa. In terms of market value, the APEJ acrylic fibre market is projected to increase at a value CAGR of 4.4% over the forecast period.

While markets in Japan, U.S., and Europe are expected to register a below average CAGR. Growth in the APEJ acrylic fibre market is largely attributed to growing use of acrylic fibre for various applications along with macroeconomic growth of a population driven textile industry in the region.

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Bromine Derivatives Market will Reach a Valuation of over US$ 5,775.6 Mn towards 2029-end: FMI

A new market research study by Future Market Insights on the global bromine derivatives market contains global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the bromine derivatives market and provides critical insights for the forecast period of 2022-2029.

As per the findings of the report, the global industrial bromine derivatives market is anticipated to experience substantial growth over the forecast period due increasing adoption of bromine compounds in various applications, such as flame retardants, PTA synthesis, oil & gas drilling, and others.

The global industrial bromine derivatives market was valued at ~US$ 4Bn in 2021 and is projected to increase at a CAGR of ~ 3.9% during the projected period of 2022 and 2029. This growth is significantly driven by the expansion of chemical, oil & gas, and other end-use industries of bromine based chemicals.

Significant progress in numerous industry verticals, especially construction and chemicals in developing countries have resulted into increased demand for bromine derivatives. In an attempt to align with the evolving environmental policies, manufacturers are tapping into R&D and innovation space, according to the FMI study.

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Global Bromine Derivatives Market: Vendor Insights

The report signifies some of the prominent market players, who have established themselves as leaders in the global bromine derivatives market. Few examples of key players in the market are Israel Chemicals Limited, Tosoh Corporation, Lanxess AG, Tata Chemicals Limited, Albemarle Corporation, Tetra Technologies Inc., Mil-Spec Industries Corporation, Jordan Bromine Company, Hindustan Salts Limited, Neogen Chemicals Limited, DSL Chemicals (Shanghai) Co. Ltd., and Solaris ChemTech Industries Limited, among others.

The global bromine derivatives market is considerably dominated by some key players holding major shares of the market. Tier-1 players are collaborating with regional/local companies to increase their bromine-based product portfolio, thus, gaining a competitive edge over their peers.

Alternative Usage of Bromine Compounds in Various Industrial Applications

The global bromine derivatives market has been segmented based on derivative, application, end-use, and regions such as North America, Latin America, Europe, South Asia, East Asia, Middle East & Africa, and Oceania.

  • Consumption of bromine and its derivatives in Asia and BRIC nations is expected to grow steadily due to the underlying growth in end-use industries, such as dye manufacturing, pharmaceuticals, and specialty chemicals, and the shift in the production of consumer electronics from the U.S. and Europe to Asia. Factors mentioned above are expected to position Asia (South & East) as a major lucrative market for players in the bromine derivatives market.
  • Bromine derivatives are used in almost all end-use industries, such as pharmaceuticals, automotive, electronics, and others. Bromine compounds, such as methyl bromide, are mostly used as pesticides in the agriculture sector, owing to its highly active nature even at low temperatures. Over the past few years, bromine is used as a biocide and disinfectant in drinking and wastewater treatment, and swimming pools, respectively.
  • With developing oil drilling technologies, the use of bromine-based drilling solutions, also called brine fluids, are gradually spreading across the U.S., U.K., South East Asia, Africa, Middle East, and others. This is estimated to pave way for the growth of the global bromine derivatives market.

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Bromine Derivatives Market By Category

By Derivatives :

  • Sodium Bromide
  • Calcium Bromide
  • Zinc Bromide
  • TBBPA
  • DPDPE
  • Others

By Application :

  • Flame Retardants
  • Organic Intermediates
  • Oil & Gas Drilling
  • Biocides
  • PTA Synthesis
  • Others

By End Use :

  • Chemical
  • Construction
  • Oil & Gas
  • Pharmaceuticals
  • Electronics
  • Others

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Significant Growth Opportunities in Asia Pacific for the Bromine Derivatives Market

Growing stringency of government regulations on the usage of halogenated flame retardants in the U.S., Canada, and EU countries, is a factor expected to decrease the consumption of bromine in these geographies. However, in developing nations, such as China and India, government policies are not that strict on the use of brominated flame retardants as compared to that in the U.S. and EU member 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 7-years.

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Freeze Dried Vegetables Market Stakeholders With Covid-19 Impact Analysis: Top Industry Trends & Segments Forecast 2022-2032

The global freeze dried vegetables market is set to accelerate at a CAGR of 8.2% between 2022 and 2032, totaling a valuation of US$ 194.2 Bn by 2032. Growing adoption of freeze dried vegetables as a result of their longer shelf life and shortage of fresh vegetables all year round.

Despite the expensive process and long drying time, freeze drying process is being widely used to produce high value food products because of maximum food quality retention when compared to other drying techniques.

Vegetables obtained after freeze drying have longer shelf life and almost same nutritional content as that of fresh raw vegetables. As a result, they have become ideal replacement for fresh vegetables worldwide.

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Extensive usage of freeze dried vegetables in a wide range of food products including morning cereals, confectionaries, bakeries, soups, meal boxes, and instant drinks like coffee, tea, and even maple syrup is expected to propel growth in the global freeze dried vegetables market during the forecast period.

Key Takeaways from Market Study

  • By nature, organic freeze dried vegetables segment is likely to be the most remunerative in the global freeze dried vegetables market during the forecast period.
  • Based on product type, demand for freeze dried corn to remain high throughout the assessment period.
  • North America is expected to retain its dominant position in the global freeze dried vegetables market during the forecast period.
  • With rising production and consumption of freeze dried vegetables, the U.S. market is poised to exhibit strong growth during the forthcoming years.
  • Freeze dried vegetables sales to grow at a robust pace in the U.K. as a result of fresh vegetables shortage.

“With increasing research and adoption of innovative technology, freeze dried vegetables manufacturers are focusing on producing high quality products in different forms and formats with expanding production capability and state of the art facilities. They are introducing 100% pure and healthy freeze dried food products with no additives, which are also tasty in nature. This will bode well for the market” says a Future Market Insights analyst.

Competitive Landscape

Key freeze dried vegetables brands are looking for new strategic partnerships to develop the applications in food and beverage industry, along with infant formula and dietary supplements, while core business brands are focusing on developing nutritional and high quality food solutions to customers with several product innovations.

  • On 29th August 2018, SouthAm, a freeze-dried superfoods producer based in Chile launched freeze dried food powders in the market.

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Explore More Valuable Insights

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

Freeze Dried Vegetables Market by Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Carrot
  • Onions
  • Potatoes
  • Broccoli
  • Beans
  • Corn
  • Peas
  • Tomato
  • Mushroom
  • Others

By Form:

  • Powder & Granules
  • Minced & Chopped
  • Slice & Cubes
  • Flakes
  • Others

By End Use:

  • Bakery and Confectionery?
  • Breakfast Cereal?s
  • Desserts and Ice Cream?
  • Salads and Pasta
  • Yogurt and Smoothies
  • Soups and Snacks?
  • Granola
  • Seasoning mixes
  • Dips and Dressings?
  • Pet Food and Treats
  • Others

By Region:

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

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Frequently Asked Questions

  • How big is the freeze dried vegetables industry?
  • At what CAGR will the freeze dried vegetables market grow through 2032?
  • How the performance of freeze was dried vegetables market between 2018 and 2021?
  • What is the projected valuation for freeze dried vegetables market by 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the freeze dried vegetables market demand?
  • What are the key factors affecting the freeze dried vegetables market growth?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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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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Instant Cereals Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032

Expanding from US$ 28,945 Million of every 2022 to US$ 43,996.4 Million by 2032, the worldwide instant cereals is supposed to show a CAGR of 5.2% during the figure time of 2022-2032. The CAGR was assessed at 4% in 2016-21.

Instant cereals is a new category of food which consists of dried flakes and powders. They are produced from a number of cereals which including legumes, buckwheat, semolina, barley, rye, oats and rice amongst others. Instant cereals are rich in fiber which improves digestive function of our body. Instant cereals are very easy to make, it dissolves very easily in cold as well as hot liquids and get thick immediately to gain consistency. Instant cereals are very tasty and are high in nutritive value.

Instant cereals are also used as a thickening agent while making pastas. Instant cereals has good shelf life because of which the product don’t get damaged easily. Instant cereals are a great alternative to the conventional breakfast. Rising demand for value-added instant cereal in various countries is prompting the food manufacturers to offer healthy breakfast alternative with additional nutrients.

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Instant Cereals marketis segment on the basis of type, distribution channel and region. On the basis of type the instant cereals market is segmented into legumes, buckwheat, semolina, barley, rye, oats and rice amongst others. Among these segment oats is expected to grow to a great extent in the forecast period, as there are many ready to eat oat meal available in variety of flavors.

The demand for instant cereals is also more because if offers a great alternative to the conventional breakfast. On the basis of distribution channel the instant cereals market is segmented into supermarkets/hypermarkets, grocery stores and online stores.

Grocery stores is expected to hold a relatively higher share in the instant cereals market, followed by hypermarket/supermarket. On the basis of region the instant cereals market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and MEA.

Market Regional Outlook

Regional segment for the market of Instant Cereals is divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and MEA. Among these segment North America and Western Europe are expected to be the leader of instant cereals market share globally, and is expected to be dominant in the forecaster period.

In Europe region the countries like France, Italy and Germany are the key market for instant cereals. In terms of revenue Asia Pacific is the also expected to be a leading contributor in theinstant cereals market.

Market Drivers

Having a breakfast in ample amount of time is probably a thing of the past, especially in developing as well as the developed countries due to the speed of life which has accelerated to new levels. Working people are preferring a substitutes to the convenient breakfast that can be consumed very quickly.

Increasing participation of women in the office along with the fast paced lifestyles are all fuelling the demand for instant cereals across the globe, especially in the developed regions of North America along with the fast growing regions of Asia Pacific. The rising demand for products that has high protein content and high protein fiber is increasing dramatically in countries such as U.K and US.

In addition to that, the concept of nuclear families is making it very difficult for a working women to manage office and domestic responsibility, consequently there is very less time for making a conventional breakfast. All these factors together contributes heavily to the popularity of instant cereals that are easy to make and consume and is healthier if compared to the conventional breakfast.

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Market Key Players

Some of the key players in instant cereals market are NutreMill, Quaker, Gold Kili, Nestle, Kellogs, General mills, Unisoy, Post and Marico among others.

The report covers exhaustive analysis on

  • Instant Cereals Market Name Segments
  • Instant Cereals Market Name Dynamics
  • Historical Actual Market Size, 2015-2016
  • Instant Cereals Market Name Size & Forecast 2017 to 2027
  • Instant Cereals Market Name Supply & Demand Value Chain
  • Instant Cereals Market Name Current Trends/Issues/Challenges
  • Root Beer Players Competition & Companies involved
  • Instant Cereals Market Name Technology
  • Instant Cereals Market Name Value Chain
  • Instant Cereals Market Name drivers and Restraints

Key Segments Profiled in the Global Instant Cereals Market

Global Instant Cereals Market by Type:

  • Legumes Instant Cereals
  • Buckwheat Instant Cereals
  • Semolina Instant Cereals
  • Barley Instant Cereals
  • Rye Instant Cereals
  • Oats Instant Cereals
  • Rice Instant Cereals

Global Instant Cereals Market by Distribution Channel:

  • Instant Cereals in Supermarkets/ Hypermarkets
  • Instant Cereals in Grocery
  • Instant Cereals in Online Stores

Global Instant Cereals Market by Region:

  • North America Instant Cereals Market
  • Latin America Instant Cereals Market
  • Europe Instant Cereals Market
  • Asia Pacific Instant Cereals Market
  • MEA Instant Cereals Market

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Frequently Asked Questions

What is the Expected Market Value of the Global Instant Cereals Market during the forecast period?

What is the Projected CAGR of the Global Instant Cereals Market in the Assessment Period?

Which are the Eminent Players in the Global Instant Cereals Market?

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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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Premium Alcoholic Beverages Market Set for Rapid Expansion during Forecast Period 2022-2032

The global premium alcoholic Beverages market is set to grow at a CAGR of 9.3% and top a valuation of US$ 1.7 Tn by 2032. Rising consumption of premium alcoholic beverage due to their optimal quality and introduction of novel premium alcoholic beverages brands worldwide are some of the factors providing impetus to the growth of the market.

Over the years, demand for premium alcoholic beverages has risen at a healthy pace and this trend is likely to continue during the forecast period, owing to the rising disposable income, growing awareness regarding the benefits of wine consumption, rapid surge in number of wine drinkers across the world.

Similarly, increasing demand for various types of premium alcoholic beverages such as beer, rum, and wine among millennials will create plethora of opportunities for the premium alcoholic beverages manufacturers during the forecast period.

In addition to this, easy availability of premium alcoholic beverages through online shopping platforms will positively impact premium alcoholic beverages sales over the assessment period.

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Key Takeaways from Market Study

  • The premium alcoholic beverages market size reached US$ 11.4 Bn in 2022.
  • By alcohol type, whiskey is likely to be the most remunerative segment in the global premium alcoholic beverages during the forecast period.
  • Based on sales channel, B2C to witness highest premium alcoholic beverages sales through 2032.]
  • The U.S. will continue to remain the most dominant premium alcoholic beverages market during the forecast period.
  • Demand for premium alcoholic beverages to rise at a robust pace in Japan over the assessment period.

“Growing consumer preference for nutritional beverages with optimum quality will create lucrative growth opportunities for the premium alcoholic beverages manufacturers during the forthcoming years,” says a Future Market Insights analyst.

Competitive Landscape

Key premium alcoholic beverages are constantly focusing adopting various strategies such as new product launches, advertisements, price reduction, partnerships to gain a competitive edge in the global market. For instance,

  • In 2021, Dos Equis, a Heineken USA brand, launched a Hard Seltzer named as Dos Equis Ranch Water, which is inspired by the sparkling mineral water, classic West Texas tequila, and lime. The Dos Equis brand has become the largest import brand in Texas with 16.1% growth in the past year.

Key Companies Profiled in Premium Alcoholic Beverages Market are Bacardi Limited, Diageo Plc, Pernod Ricard SA, Gruppo Campari, The Brown-Forman Corporation, The Edrington Group, Heineken N.V., Anheuser-Busch Companies,  LLC, Carlsberg A/S, Miller Coors, Others

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Premium Alcoholic Beverages Market by Category

By Alcohol Type:

  • Beer
  • Wine
  • Whiskey
  • Gin
  • Vodka
  • Rum
  • Others

By Packaging:

  • Bottles
  • Can
  • Jars
  • Tins
  • Others

By Sales Channel:

  • B2B/Direct
  • B2C/Indirect

By Application:

  • Household Segment
  • Hospitality Industry
  • Others

By Region:

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

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Frequently Asked Questions

  • What is the current size of premium alcoholic beverages industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of premium alcoholic beverages over the past half-decade?
  • What is the projected valuation for premium alcoholic beverages by 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the premium alcoholic beverages market demand?
  • What are the key factors affecting the premium alcoholic beverages market growth?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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Mushroom Fermenter Market 2022 Growth, COVID Impact, Trends Analysis Report 2032

The global mushroom fermenter market is set to witness growth rate of 5.6% over the forecast period (2022-2032), totaling around US$ 2.4 Bn by 2032.

Mushroom fermenter has a wider applicability in food and beverage, pharmaceutical, and cosmetics and personal care industries. It offers various benefits such as providing sufficient nutritional value to the food which boost the immune system. This is expected to result in an increasing demand for mushroom fermenter in the near future.

Alongside, the usage of mushroom fermenter in cosmetics industry is on a rise since past few years. Various products including skin care and hair care items such as anti-aging creams, skin whitening lotions, shampoo, conditioner, serum, hair dyes and others are made by using fermented product of mushroom mycelium. This is predicted to result in outperforming sales of mushroom fermenter over the next half decade.

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Furthermore, fermented mushroom is also used in various pharmaceutical products and ayurvedic medicines to fight tumour and various cardiovascular diseases. Comprehending the above-mentioned factors, demand for mushroom fermenter is predicted to escalate at a significant rate over the forecast period (2022-2032).

Key Takeaways from Market Study

  • By type, mechanical agitation segment is expected to hold the largest share of mushroom fermenter market by 2032.
  • Based on application, the pharmaceutical segment will be the most remunerative in the global mushroom fermenter market during the forecast period.
  • North America is expected to dominate the global market, accounting for the largest value share of about 25% in 2022.
  • The U.S. is expected to account for around 75% revenue share of North American mushroom fermenter market by the end of 2032.
  • Demand for mushroom fermenter to rise at a healthy pace across China during the forecast period.

“The trend of veganism and consumption of healthy foods involving maximum nutritional value is anticipated to drive the mushroom fermenter market growth in the coming half decade”says a Future Market Insights analyst.

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Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaborations to identify the interest of potential buyers and create a larger customer base.

The presence of various prominent players such as Bioengineering AG, Eppendorf AG, DCI-Biolafitte, Sartorius AG, Infors AG, MARUBISHI I&E (M) SDN. BHD., Tongling Bio, Zhenjiang Ritai, and others have increased the competition in the market. Mushroom fermenter manufacturers are focusing on introducing a wide variety of products in order to increase their consumer base and gain a competitive advantage.

Global Mushroom Fermenter Market by Category

By Type:

  • Non-mechanical Agitation
  • Mechanical Agitation

By Application:

  • Chemical
    • Flavors
    • Fragrances
  • Food
    • Nutraceuticals
    • Food Additives
    • Others
  • Pharmaceutical
    • Antibiotics
    • Antitumor Agents
    • Cardiovascular Drugs
  • Cosmetics and Personal Care
    • Skin Care Products
      • Anti-aging Creams
      • Anti-wrinkle creams
      • Skin whitening lotions
      • Moisturizers
    • Hair Care Products
      • Shampoo
      • Conditioner
      • Serum
      • Hair Dyes
      • Others

By Region:

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

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Frequently Asked Questions

  • What is Estimated Valuation for mushroom fermenter market in 2022?
  • At what rate is the global mushroom fermenter market expected to grow?
  • How are market players reacting to the new developments in the mushroom fermenter market?
  • How much share does the top 10 companies in the mushroom fermenter market hold?
  • Which are the major countries driving demand for mushroom fermenter?

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Freeze Dried Pet Food Market Size & Share, Segmentation, Growth Opportunities, Regional Analysis 2022-2032

The global freeze dried pet food market is set to witness growth at a CAGR of 5.3% and is anticipated to reach a valuation of around US$ 27.8 Bn by 2032.

Pet humanization is a key trend driving force in the growth of pet food items purchased by pet owners over the last half-decade. In the freeze dried dog food business, the transition from pet ownership to pet parenting has been critical in defining the trend.

According to the American Pet Products Association (APPA), there will be more than 85 million households with one or more pets in the U.S. in 2022 with the majority of them being dogs. Furthermore, growing attachment between pets and their owners has encouraged consumers to spend more on pet food. Pet owners are more concerned about their pets’ health and are opting for freeze-dried diets. Animals benefit from such diets because they are high in nutrition.

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Currently, pet owners are looking for more than just basic nutrients for their pets; they are also looking for foods that have special health benefits. Furthermore, as pet humanization increases, dog owners are more inclined to spend more on their pets’ food and provide a wider variety of pet meals, including freeze-dried food. As a result of the growing trend of pet humanization, demand for freeze-dried dog food is expected to gain traction over the assessment period.

Key Takeaways:

  • Based on pet type, the dog segment is expected to account for over 50% of the total market share over the forecast period.
  • In terms of nature, demand for organic freeze-dried pet food is slated to gain traction at a considerable pace.
  • Animal derived freeze dried pet food is expected to hold a market share of over 40% in the forecast period
  • Sales of freeze-dried pet food in the U.S. will increase at a 3.3% CAGR over the assessment period.
  • Demand for freeze-dried pet food in Germany will grow at a 2.7% CAGR through 2032.
  • The North America freeze dried pet food market is expected to witness growth at a 5.9% during the forecast period.

“Rising advertising and endorsements by celebrities of pet health is likely to drive up demand and sales of freeze-dried pet food,” says a Future Market Insights analyst.

Competitive Landscape

Leading players operating in the global freeze-dried pet food market are investing in research and development to launch innovative and vegan freeze-dried food options. They are also investing in promotional strategies on social media channels to improve sales.

Some of the key manufacturers are Nature’s Variety, Kelly&Co’s, Ranova, Steve’s Real Food, Primal Pet Foods, TruPet, Wisconsin Freeze Dried, Stewart pet food, Canature Processing Ltd., Bravo, Others

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Explore More Valuable Insights

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

Freeze Dried Pet Food Market by Category

By Pet Type:

  • Cat
    • Kitten
    • Senior
  • Dog
    • Puppy
    • Adult
    • Senior
  • Others

By Nature:

  • Organic
  • Conventional

By Source:

  • Animal Derived
  • Plant Derived
  • Insect Derived

By Process Type:

  • 100% freeze-dried
  • Partly freeze-dried

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Pet Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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Frequently Asked Questions

  • How much is the freeze dried pet food market currently worth?
  • What is the anticipated market value of the freeze dried pet food market by 2032 end?
  • What is the freeze dried pet food market outlook?
  • Which region is expected to drive the demand for freeze dried pet food market?
  • Who are the key players operating in the global freeze dried pet food market?

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Water Enhancers Market | Potential growth, attractive valuation make it is a long-term investment 2022-2032

The global water enhancers market is expected to witness growth at a CAGR of 9.5% from 2022 to 2032 and reach a valuation of US$ 4 Bn by 2032. Increasing shift of consumers towards food and beverages that can improve their overall health is anticipated to push the market.

Manufacturers are consistently developing innumerable fortified foods and functional beverages to fulfill consumer demand for healthy products. Water enhancers are formulations that are added to the water to enhance its flavor and nutritional content.

These enhancers are being increasingly consumed by sports athletes and gym enthusiasts. They have gained immense popularity as novel enhancers can eliminate the time required to prepare a drink from scratch. They are also easy to carry and can be stored for a longer period of time.

Health and label-conscious consumers often check the source of ingredients that are used to make the final product. As a result, retailers are mentioning nutrient contents on the packaging of their products to remain transparent.

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Reputed brands are offering water enhancers that are keto-friendly, gluten-free, vegan, non-dairy, and low-carb. As these products cater to a wide range of consumer requirements, demand for water enhancers is expected to surge in the upcoming decade.

Water enhancers are expected to help consumers increase their daily water intake to meet the prescribed levels for maintaining good health and building a strong immunity against foreign pathogens. Water intake varies according to age, gender, activity level, lifestyle, and overall health condition.

As consumers are adopting healthy lifestyles, demand for natural water enhancers that are rich in minerals, vitamins, amino acids, and herbs is expected to increase in the evaluation period. Surging spending capacity and changing lifestyles of consumers, especially in North America, Europe, and Asia is also expected to drive the market during the assessment period.

Key Takeaways: Water Enhancers Market

  • The North America and Latin America water enhancers markets are expected to exhibit growth at CAGRs of 8.2% and 8.1%, respectively, through 2032.
  • North America is set to account for 50% of the water enhancers market share during the assessment period.
  • The Europe water enhancers market is projected to reach US$ 352 Mn in 2032.
  • The India water enhancers market is estimated to create an absolute $ opportunity of US$ 136 Mn in 2022.
  • By active ingredients, the sweeteners segment is likely to hold the highest market share and grow at a CAGR of 8.5% by 2032.

 “Rising awareness about the consumption of nutrient-rich food and beverages is expected to propel the demand for water enhancers globally. Key companies are investing in the development of sugar-free, vegan, and non-carbonated beverages to provide nutrition to consumers,” says a Future Market Insights analyst.

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Competitive Landscape: Water Enhancers Market

Key manufacturers operating in the water enhancers market are focusing on research & development activities to offer various flavored products. They are also collaborating with start-up firms and developing new product lines to enter the untapped areas.

For instance,

  • In July 2020, Kraft Foods, a leading food manufacturing and processing conglomerate based in the U.S., introduced its latest Mio Liquid Water Enhancer. The product not only helps a person in achieving their quota of drinking but also enhances taste. It is available in dozens of flavors, including Lemonade, Berry, Pomegranate, Tangerine, Orange, and Black Cherry. It will help consumers to drink more water without the addition of sugar or soda.

More Valuable Insights on Water Enhancers Market

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

Water Enhancers Market Outlook by Category

By Active Ingredients:

  • Sweeteners
  • Vitamins
  • Electrolytes
  • Anti-oxidants

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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Frequently Asked Questions

  • How much is the global water enhancers market worth?
  • What will be the global water enhancers market size by 2032?
  • At what CAGR did the global water enhancers market grow in the historical period?
  • At what rate will the demand for water enhancers grow in Europe?
  • What is the North America water enhancers market outlook?

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About FMI

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

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Plant Based Protein Beverages Market Huge Demand in COVID-19: Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2032

The worldwide plant based protein beverages market is anticipated to accomplish US$ 1065.3 million out of 2022. Based on the report, deals of plant based protein beverages are expected to move at a CAGR of 9.60% to arrive at a gauge of US$ 2664.3 million by 2032.

The health & fitness trend is spreading with the outbreak of obesity and other lifestyle diseases, and consumers are aiming to improve their health and quality of life by resorting to healthy dietary habits. Plant-based protein beverages are witnessing high demand, attributing to the rise of veganism coupled with an increase in consumer awareness about the importance of protein in weight loss diets.

Plant-based protein market is expected to witness incremental growth as consumers’ perception about food products with fruit and vegetable ingredients being helpful in improving health. A tectonic shift from animal-based protein to the plant-based sources of protein such as pea protein and soy protein, is expected to foster positive growth prospects of the plant-based protein beverages market. Consequently, a mounting number of stakeholders from the vegan food industry are entering the plant-based protein beverages market.

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Stakeholders are noticing an impressive upsurge in consumption of vegan food products in developed regions, which is expected to improve growth prospects of the plant-based protein beverages market in the U.S. and other developed European countries. Demand for vegan and functional beverages with natural and probiotic ingredients is expected to remain high in these countries, subsequently supporting growth of the plant-based protein beverages market in developed regions.

Plant-based Protein Beverages Market – Competitive Landscape

Key players in the plant-based protein beverages market are Malk Organic, Califia farms, Ripple Foods, The New Barn, Dr. McDougall’s Right Foods, Pacific Foods, and Beyond Meat. Some of the recent and important developments in the plant-based protein beverages market are:

  • In September 2019, Ripple Foods – a California-based manufacturer of pea-protein dairy alternative products – announced that it has launched its new line of plant-based products—Superfood Milk. Ripple Plant-Based Superfood Milks contain the clean label, plant-based protein of Ripple Milk along with other high-quality superfood ingredients free from lactose, soy, nuts and gluten to offer added functional benefits and a nutritious plant-based beverage experience to consumers. The company also declared that it aims to meet the increasing consumer demand for plant-based functional beverages that tout health benefits, with the launch of its new product line.
  • In November 2019, ADM Human Nutrition – the natural health and nutrition division of Archer Daniels Midland Company – announced that it has launched its first plant-based protein beverage in Thailand. The company noticed that availability of dairy-based high-protein drinks in the country’s market as well as the supply-demand gap in plant-based alternatives to those products. The company launched its plant-based protein beverage solution in mocha flavor, to sync with its strategy to expand in Thailand’s market for meat substitutes and plant-based drinks.

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Consumer Demand for High-protein and Low-carb Vegan Food Products

Leading players in the vegan food industry are noticing a significant change in consumer preferences for not just plant-based food but also the food with health-benefitting properties. Increasing awareness about the inextricable relationship between food and weight loss and obesity management is triggering consumer demand for plant-based snacks and beverages that promote fat loss.

Consequently, market players are beginning to introduce plant-based beverages with high amount of protein and low-carb ingredients to attract the ever-expanding group of consumers shifting to weight loss diets. High-protein, low-carb food products and beverages are trending as consumer expectations from vegan food continue to change. Leading players in the plant-based protein beverages market are expected to introduce keto-friendly products to sync with the increasing popularity of keto diets in the coming years.

Increasing R&D Investments to Discover Innovative and Low-cost Plant Protein Sources

Taking into consideration the rise in popularity of plant protein drinks, leading players in the plant-based protein beverages market are increasing investments in research & development to boost innovation that can enable them to maintain a competitive edge. Discovering unique yet low-cost plant-based protein sources and vegan ingredients such as coconut milk in plant protein drinks is expected to emerge as a popular strategy in this landscape.

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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments for yorker spouts market
  • Competitive landscape for yorker spouts market
  • Strategies for 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

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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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