Market Research Blog – Page 9922 – New Product Development

Customer-To-Customer (C2C) Community Marketing Software Market 2022 | Scope of Current and Future Industry 2032

The global customer-to-customer community marketing software market is expected to garner a market value of US$ 1.6 Billion in 2022 and US$ 2.8 Billion by 2032 while recording a CAGR of 6.2%. The growth of the market can be attributed to the increasing public engagement and surging importance of community engagement platforms across the globe. Also, with the rising ownership of smartphones, the industry is likely to benefit.

Furthermore, the surged popularity of online auctions has enhanced the market size. Benefits offered such as; larger reach, more buyers, and cost-effectiveness, among others, are likely to support the market expansion. Integration of artificial intelligence in the C2C community marketing software is expected to offer various opportunities to the market. Also, with the presence of various startups, the market is likely to flourish in the assessment period.

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For instance, in April 2022, a Nashville-based firm, known as Crank Farm, rolled out a social auction platform that focuses on cyclists who want to sell or buy performance bicycles. On the contrary, risks associated with fraudulent activities in C2C marketing platforms are likely to hamper the market in the forecast period. However, the implementation of stringent laws in several countries, such as Australia, is expected to act as a significant counter, which can benefit the industry in the coming time.

Key Takeaways from the Market Study:

The cloud-based segment to expand at a CAGR of 6.1% during the forecast period
The U.S market size to reach US$ 1 Billion by the end of the 2022-2032 forecast period
Market in UK to expand at a CAGR of 4.8% from 2022 to 2032
Japanese market to record a CAGR 4.5% in the assessment period
Market in South Korea to exhibit a CAGR of 4% from 2022- to 2032
The retail and e-commerce segment to exhibit a growth rate of 5.7% during the assessment period

Competitive Landscape

Players in the market are focusing on expanding their reach across the globe through various strategies such as; acquisitions, partnerships, and product launches, among others. Some of the key players in the market include Meta, Bevy, LinkedIn Corporation, Tribe Technologies Inc., and Meetup Pro. Key developments in the sector are:

In July 2021, Bevy, a US-based firm that focuses on enabling businesses to build community, acquired Eventtus. Eventtus is an Egyptian startup, which creates even apps that enable organizers to engage attendees. Customers will experience benefits such as a white-labeled community event engine, ticketing, and registration that is fully integrated and powered by a matchmaking algorithm, and interactive sessions that offer Q&A, polls, and reactions.
In February 2022, LinkedIn acquired Oribi, a Tel-Aviv-based marketing analytics company. The initiative was taken in an effort to offer a more comprehensive suite of marketing solutions to businesses. It was LinkedIn’s first-ever Israeli acquisition.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global customer-to-customer community marketing software market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled In The Customer-To-Customer (C2C) Community Marketing Software Market Report

C2C Community Management Software Market by Type:

On-Premises C2C Community Management Software Deployment
Cloud-based C2C Community Management Software Deployment

C2C Community Management Software Market by Application:

C2C Community Management Software in Retail and e-Commerce
C2C Community Management Software in Health and Life Sciences
C2C Community Management Software in BFSI
C2C Community Management Software in Transport and Logistics

C2C Community Management Software Market by Enterprise Size:

C2C Community Management Software for Small and Medium Enterprises
C2C Community Management Software for Large Enterprises

C2C Community Management Software Market by Region:

North America C2C Community Management Software Market
Europe C2C Community Management Software Market
Asia Pacific C2C Community Management Software Market
Middle East and Africa C2C Community Management Software Market
Latin America C2C Community Management Software 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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Landing Page Builders Market is Expected to Have a Significant CAGR of 14.3% from 2022 to 2032 | FMI

The landing page builders market has seen significant expansion and is projected to continue to do so in the coming years. The rise in demand for online web portals for businesses is a major driver driving the landing page builders market’s expansion. Landing Page Builders Market is set to enjoy a valuation of US$ 490 Mn in 2022, expand at a CAGR of 14.3% to reach US$ 1.9 Bn by the end of 2032.

The growing demand to connect people online and easily distribute relevant material has had a significant influence on the operational process of the landing page builders market. Furthermore, the increased need for e-commerce platforms, which provide consumers with a variety of functions, has generated a big market for landing page builders.

Smartphone use is expanding, and internet penetration is increasing over the world, which are two important factors influencing landing page builders market development.

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Major landing page builders market players all around the world are capitalising on this trend by developing cutting-edge landing page builder’s tools and platforms. Another important element driving the landing page builders market is the growing popularity of the e-commerce industry.

Many global customers prefer online shopping over in-store or store-based buying for a variety of reasons, including the growing number of mobile users, the convenience of shopping online, the great range of alternatives accessible on online platforms, and so on. Furthermore, technical improvements in the market have generated a profitable landing page builders market growth potential.

Individuals, SMEs, and Large Enterprises are the three types of end users in the landing page builders market. The biggest landing page builders market share was held by Large Enterprises.

A huge corporation just cannot afford to remain absent from the internet. They recognise the importance of making an impression in the cyber world since it extends their client base, enhances their income streams, and lowers their marketing costs hence a high demand for landing page builders market is witnessed.

The highest landing page builders market share was held by the United States, which is expected to increase at a CAGR of 14.1% over the projection period. As compared to Europe and certain areas of Asia, industries in this region have more freedom in terms of expansion and innovation.

However, several sectors in North America have reached saturation, necessitating the development of new methods in order to overcome landing page builders market inadequacies.

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KEY TAKEAWAYS:

In the United States, the market for landing page builders is estimated to reach US$ 664.5 million by 2032, increasing at a CAGR of 14.1% throughout the research period.
By 2032, the UK landing page builders market is expected to be valued US$ 77.6 million, growing at a CAGR of 13.2%.
With a CAGR of 13.7% during the research period, China is expected to reach a market size of US$ 135.6 million in landing page builders by 2032.
By 2032, Japan’s market for landing page builders is estimated to be worth US$ 111.9 million, with a CAGR of 12.9% during the research period.
With a CAGR of 11.8% during the research period, South Korea is predicted to reach a market size of US$ 63.9 million in landing page builders by 2032.
In the type sector, the cloud-based landing page builders market is expected to grow at the fastest rate of 14%.
Large enterprises are expected to develop strongly in the application category of the landing page builders market, with a CAGR of 13.6%.

COMPETITIVE LANDSCAPE:

Wix, Squarespace, GoDaddy, Mono Solutions, Web.com, Shopify, Ecwid, WordPress.Com, Webflow, Basekit, Unbounce, Instapage, Weebly, Zoho Sites, Jimdo, Yola, Duda, Camilyo, Bigcommerce are the leading participants in the landing page builders market.

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Key segments

By Type:

On-Premises
Cloud

By Application:

Large Enterprises
SMEs

By Verticals:

Business Services
Hospitality
Retail
Education
Advertising & Marketing

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Customer Journey Mapping Software Market 2022 Comprehensive Shares, Historical Trends And Forecast By 2032

According to a recent study by Future Market Insights, the customer journey mapping software market is expected to reach US$ 48.5 Billion by 2032, up from US$ 10.7 Billion in 2022, expanding at a high CAGR of 16.3%. This study explains that customer journey mapping is just as essential for SMEs enterprises as it is for larger companies. Customer prospects are changing for all businesses, regardless of size – customers demand an Omni-channel methodology to customer service, marketing, and sales.

The market is primarily driven by the increasing adoption of journey mapping software by all types of enterprises. There is augmenting demand for lead conversion amongst enterprises point of interaction between customers and business need to be increased.

By using customer journey mapping software, the rate of conversion, as well as the profit, will develop, thus lead conversion amongst enterprises will foster the growth of the global Customer Journey Mapping Software Market. The customer journey mapping software is one such program, which aligns the organization’s goals and objectives with its customer. This is also anticipated to boost the market growth over the analysis period.

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In addition, with proliferation of machine learning capabilities in behavioral analytics, the new generation of data unification tools will make the daunting task of data synchronization cost efficient, fast, and relatively pain-free. In-the-moment engagement models will lead the customer journey analytics SaaS platforms to deliver comprehensive real-time touchpoint integration with minimal investment. Furthermore, cross-channel journey analytics with launch of advance application such as chatbot, virtual assistants, and others, is further expected to boost the growth of the market in the near future.

Key Takeaways from the Market Study

Global customer journey mapping software market was valued at US$ 10.7 Billion by 2022-end
The U.S to account for the highest value share of US$ 17.3 Billion of global market demand for customer journey mapping software in 2032
From 2015 to 2021, customer journey mapping software demand expanded at a CAGR of 17.8%
By offering, customer journey mapping software solutions to expand at a CAGR of 16%

Competitive Landscape

Players in the global Customer Journey Mapping Software Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In January 2021, NICE introduced new integrated features between NICE inContact CXone and Microsoft Teams in January 2021, enabling real-time recording and compatibility with a variety of connected applications. Customers will be able to secure every interaction utilizing global, carrier-grade voice services as a result of the deployment of new capabilities.
In December 2020, Genesys launched Genesys Digital, a new business segment, which will focus on enabling businesses to keep up with customers’ growing preferences for digital involvement throughout the customer experience, whether through webchat for an inquiry, SMS appointment scheduling, or chatbot support.

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Know More about What the Customer Journey Mapping Software Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Customer Journey Mapping Software Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

Key Segments Covered In The Customer Journey Mapping Software Industry Analysis

Customer Journey Mapping Software by Offering:

Customer Journey Mapping Software Solutions
Customer Journey Mapping Software Services

Customer Journey Mapping Software by Organization Size:

Customer Journey Mapping Software for Small and Medium Enterprises
Customer Journey Mapping Software for Large Enterprises

Customer Journey Mapping Software by End User:

Customer Journey Mapping Software for BFSI
Customer Journey Mapping Software for Retail and Consumer Goods
Customer Journey Mapping Software for Media and Entertainment
Customer Journey Mapping Software for Healthcare and Pharmaceutical
Customer Journey Mapping Software for Automotive
Customer Journey Mapping Software for IT and Telecommunication

Customer Journey Mapping Software by Platform:

Web-based
App-based

Customer Journey Mapping Software by Region:

North America Customer Journey Mapping Software Market
Latin America Customer Journey Mapping Software Market
Europe Customer Journey Mapping Software Market
Asia Pacific Customer Journey Mapping Software Market
Middle East and Africa Customer Journey Mapping Software Market

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Peer-to-Peer Lending Market is Exhibiting a Healthy CAGR of 12.7% from 2022 to 2032 | Says FMI

The growth of the market can be attributed to cheap operating costs and lessened market risk for lenders and borrowers. Increased digitization in the banking sector is expected to offer significant market opportunities to the market in the forecast period. The global peer-to-peer lending market is estimated at US$ 1.3 Trillion by the end of 2032 from US$ 407.2 Billion in 2022. The market is likely to exhibit a CAGR of 12.7% from 2022 to 2032.

Also, with the enhanced popularity of P2P lending, various end-users, such as real estate, are using it efficiently. In addition, increased initiatives by players to collaborate are expected to benefit the market in long run. For instance, in May 2022, Fable Fintech, an eminent banking infrastructure enterprise, announced its strategic partnership with XeOPAR. XeOPAR is ready to make the most of the Fable Growth Suite (Retail) by establishing its first P2P remittances corridor from the United Kingdom to India, among others in SE Asia, East Africa, West Africa, the USA, Singapore, and the Middle East.

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Owing to such initiatives, the market is anticipated to expand significantly in the forecast period. On the contrary, risks associated with peer-to-peer lending are expected to limit the market growth in the forecast period. Also, with less awareness about P2P lending, the market is expected to suffer. However, with rising development in APAC along with the increasing number of small business entities, the market will counter the inhibiting factors, thus, supporting the industry expansion.

Key Takeaways from the Market Study:

Market in the U.S to value US$ 568.2 Billion by 2032
Chinese market to expand at a CAGR of 11.3% from 2022- to 2032
By end-user, the small business segment is expected to exhibit a CAGR of 10.3% during the assessment period
The marketplace lending model segment to exhibit a CAGR of 12.9% in the assessment period
Market in France to garner US% 39.7 Billion by 2032
S to exhibit a CAGR of 14% from 2022 to 2032

Competitive Landscape

With the help of alternative distribution channels such as online sales, Players in the global peer-to-peer lending market are focusing to enhance their market presence across the globe. Major players in the market include Prosper Marketplace, Inc., LendingClub Corporation, CommonBond Inc., Funding Circle Limited, and Upstart Network Inc. among others.

In August 2021, CRED, an eminent player in the peer-to-peer lending market rolled out a new peer-to-peer lending platform called CRED Mint. It can be used as a cred-card repayment platform, and it allows members to earn interest on money by lending to other high-earning consumers.
In January 2021, LendingClub, an eminent peer-to-peer lending market player, announced the acquisition of Radius Bancorp, Inc, and its digital bank subsidiary to expand the revenue of the company.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global peer-to-peer lending market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled in the Peer-to-Peer Lending Market Analysis

Peer-to-Peer Lending by End User:

Peer-to-Peer Lending for Consumer Credit
Peer-to-Peer Lending for Small Business
Peer-to-Peer Lending for Student Loans
Peer-to-Peer Lending for Real Estate

Peer-to-Peer Lending by Business Model:

Traditional Peer-to-Peer Lending Model
Marketplace Peer-to-Peer Lending Model

Peer-to-Peer Lending by Region:

North America Peer-to-Peer Lending Market
Europe Peer-to-Peer Lending Market
Asia Pacific Peer-to-Peer Lending Market
Middle East & Africa Peer-to-Peer Lending Market
Latin America Peer-to-Peer Lending Market

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Liquid Biopsy Market forecast a CAGR of 13.49% to be valued at US$ 4,126 Million from 2022 to 2032 | FMI

[262 Pages Report] As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global liquid biopsy market is expected to reach a market valuation of US$ 1,026 Mn in 2021.

With the introduction of innovative molecular diagnostic tests and growing demand from biotech and pharmaceutical companies, the market is poised to expand at a stellar 13.49% CAGR, reaching US$ 3,637 Mn by 2031.

Germany, India, and China will emerge as high growth potential markets, with increasing investments by the government for improving the healthcare infrastructure, which will create attractive opportunities to global biotech players for market expansion.

Growth of the liquid biopsy market is attributable to rising incidence of cancer across several countries, which is highlighting the pressing need for faster, simpler, and more convenient diagnostic procedures. Liquid biopsy procedures are minimally invasive and cost-effective, which is making them a favorable choice for cancer diagnosis procedures.

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“Increasing incidence of cancer, coupled with incorporation of latest technology in liquid biopsy for faster and more convenient diagnosis will continue to augment the market growth throughout the forecast period,” says the FMI analyst.

Besides this, increasing government-backed initiatives to support cancer research across the U.S., Japan, India and the UK will drive innovation and developments in liquid biopsy services. Also, fast track approval from regulatory bodies for novel procedures will bolster the growth over the coming years.

Additionally, technological advancements such as the incorporation of machine learning and microchip-based liquid biopsy systems will further strengthen growth prospects in the market.

As per the market survey, counties including the U.S., the U.K, and Japan will be at the forefront of innovation and adoption of liquid biopsy services, owing to the presence of leading players and prevalence of numerous high-potential cancer research institutes.

Key Takeaways from the Liquid Biopsy Market Analysis

Based on markers, circular tumor cells (CTC) are poised to emerge dominant in the forthcoming years.
Blood samples will emerge as the most preferred sample type
In terms of applications, liquid biopsy will be widely preferred for lung cancer diagnosis.
Cancer institutes are expected to remain dominant end users, accounting for over 40% of the total revenue share.
The U.S. will showcase high growth during the forecast period, due to the presence of major liquid biopsy product manufacturers.
The U.K. will emerge as an avenue for product innovations and development, further solidifying growth prospects.
Japan is anticipated to witness upswings in sales, owing to government-led cancer research initiatives.
India is expected to showcase high demand for liquid biopsy products, owing to the increased funding by government and expansion of healthcare infrastructure.

Competitive Landscape

BIOCEPT, INC., Qiagen N.V., Trovagene, Inc, Janssen Global Services, LLC, MDxHealth SA, Natera, Inc, F. Hoffmann-La Roche Ltd, Silicon Biosystems, Pathway Genomics Corporation, and Sysmex Corporation are among top manufacturers of liquid biopsy products, as profiled by FMI. As per the market survey, tier-1 companies are anticipated to account for approximately 20-25% of the total market share.

Strategic collaborations, partnerships, and product innovations are some of the prominent growth strategies applied by leading market players to establish a strong foothold in the liquid biopsy market. For instance:

In June 2021, Biocept Inc., collaborated with Quest Diagnostics, a New Jersey-based clinical laboratory, to offer laboratory services to Quest patients for its Target Selector NGS-based liquid biopsy lung cancer panel.
In February 2021, Menarini Silicon Biosystems, a leading developer of liquid biopsy and single-cell technologies, launched its innovative CellMag product line for staining and detection of rare circulating tumor cells (CTCs).

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More Insights into the Liquid Biopsy Market Report

In its latest report, FMI offers an unbiased analysis of the global liquid biopsy market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of marker type (circulating tumor cells (CTC), circulating tumor nucleic acids (cTNA) and exosomes), sample type (blood, urine and other including plasma, saliva and CSF), application type (lung cancer, gastrointestinal cancer, prostate cancer, colorectal cancer, leukemia), end-users (hospitals, cancer institutes, academic institutes, and diagnostic centers) and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Liquid Biopsy Market by Category

By Marker Type:

CTCs (Circulating Tumour Cells)
ctNA (Circulating tumor Nucleic Acids)
Exosomes

By Sample Type:

Blood
Urine
Others (Plasma, Saliva, CSF)

By Application Type:

Lung Cancer
Gastrointestinal Cancer
Prostate Cancer
Breast Cancer
Colorectal Cancer
Leukemia

By End-Users:

Hospitals
Cancer Institutes
Academic Institutes
Diagnostic Centers

About FMI:

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Protein Expression Technology Market is set to experience a significant growth of 7.3% CAGR from 2022 to 2029 | FMI

[210 Pages Report] There is growing demand for protein expression technology in multiple industries for numerous applications such as biologics production, therapeutic protein production, and research application.

The global protein expression technology market is projected to experience significant growth during the forecast period, due to the growing demand for proteomics for the identification of several proteins that help in drug discovery, diseases diagnosis, and development of target-specific drugs.

The global protein expression technology market was valued US$ 2.3 Bn in 2021, and is expected to increase at a CAGR of 7.3% during the forecast period of 2022-2029.

Key Takeaways from Protein Expression Technology Market Study

There is steady demand for mammalian expression systems, as these offer exceptionally high-yield protein with a wide array of applications such as protein structural analysis and antibody production.
FMI reports that, North America is anticipated to be a prominent market for protein expression technology, owing to developed biotechnology infrastructure, favorable government policies, financial grants for laboratory research, and increase in R&D investments.
Reagents such as antibodies, oligomers, etc., are widely used in protein expression technology for desired transformation of an organic substance, finds FMI.
The commercial success of the protein expression technology market is highly dependent on cancer research studies, which could serve multiple purposes such as identification of proteins associated with diseases, presence of necrotic agents, and assessment of structural and functional abnormalities in protein anatomy.

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Protein Expression Technology Market

“Increasing focus on cancer research and accurate identification of proteins associated with diseases, coupled with application of protein expression technology in the development of personalized medicines that are more effective for an individual will create lucrative opportunities for the global protein expression technology market in the future.”

Strategic Partnerships to Lend Winning Imperatives for Market ParticipantsThe key players are focusing on collaborations, territorial expansion, mergers, and acquisitions to increase their share in the global protein expression technology market space. Mergers and acquisitions help them expand their existing product portfolio and topographical reach.

For example, to strengthen its life science business, Thermo Fisher Scientific Inc. acquired Life Technologies Corporation, which incorporates cutting-edge proteomics and genomics innovations. Increasing regulatory approvals for biologics and technological advancements have prompted high demand for innovative products.

More Valuable Insights on Protein Expression Technology MarketFuture Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2029. The global protein expression technology market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to the reader.

The study provides compelling insights on the protein expression technology market on the basis of expression system (insect cell expression systems, prokaryotic expression systems, mammalian expression systems, and yeast expression systems), product type (expression vectors, reagents, competent cells, and instruments), application (drug discovery, protein purification, protein therapeutics, and diseases diagnostic & monitoring), and end user (biotechnology companies, pharmaceutical companies, contract research organizations, and academic research institutes), across seven major regions.

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Key Market Segments Covered In Protein Expression Technology Market ResearchBy Expression System :

Insect Cell Expression System
Prokaryotic Expression System
Mammalian Expression System
Yeast Expression System
Other

By Product :

Expression Vectors
Reagents
Competent Cells
Instruments

By Application :

Drug Discovery
Protein Purification
Protein Therapeutics
Diseases Diagnostic & Monitoring

By End User :

Biotechnology Companies
Pharmaceutical Companies
Contract Research Organisation
Academic Research Institute

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Tara Gum market is Valued at USD 35.1 Mn in 2022 and is Projected to Grow at a CAGR of 5.6% During the Forecast-2022-2032

The Tara Gum market is valued at USD 35.1 Mn in 2022 and is projected to grow at a CAGR of 5.6% during the forecast period, reaching a value of USD 57.8 Mn by 2032. Newly released data from Future Market Insights market analysis shows that global Tara Gum demand is projected to grow year-on-year (Y-o-Y) growth of 3.2% in 2022.

The qualities of tara gum are similar to those of guar gum and carob beans, which are widely used in various nations. Due to its use in creating low-fat and low-calorie foods, tara gum is in high demand in the food business, Blends typically contain tara gum.

Additionally, it can be found in cheese, ice cream, sauces, dressings, bakery goods, yogurt, sweets, infant food, and ready-to-eat soups. In the upcoming years, it is projected that the global tara gum market would expand significantly. Rising bread and confectionary demand will help the economy grow.

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2017-2021 Tara Gum Market Outlook Compared to 2022-2032 Forecast

The market grew with a CAGR of 3.7% between 2017 and 21, global demand for tara gum is rising as low-fat and low-calorie food products become more and more popular, and tara gum has been regarded as a potential replacement for guar gum, it has been observed that growing guar gum costs are the primary cause responsible for the expansion of the worldwide tara gum market.

Wide End Use Application Driving the Tara Gum Market

Due to the growing need for low-fat and low-calorie meals, tara gum is in high demand in all major regional markets. Guar gum is frequently replaced with good results by tara gum. Rising guar gum prices are a crucial factor driving the growth of the global tara gum market because it has been identified as a viable guar gum substitute. In addition, the rapidly expanding need for tara gum in the global food and beverage industry is anticipated to boost tara gum demand and assist the expansion of the tara gum market.

In addition, consumer concerns about eating healthily to prevent diseases are boosting demand for tara gum, which is used by the food industry to make low-calorie products. Tara gums appeal to food makers since they are frequently utilized in fat replacement systems. Additionally, these natural additives are used in cosmetic applications because more and more cosmetic products are using natural ingredients. The global tara gum market is predicted to grow as a result of these factors.

Clean-label products are defined as products that contain fewer artificial ingredients and more natural ingredients. Claims essentially rely on complete transparency concerning the manufacturing process and the ingredients used in products. Consumers are increasingly preferring such products due to growing distrust of artificial ingredients and lax governmental regulations.

The Tara Gum has the potential to be an ideal ingredient for clean-label products. The use of grain-based flours and ingredients and flavors derived from plant-based sources ensure a strong natural claim, and also provide the underlying bakery product with a favorable aroma and structural integrity.

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In addition, tara gums are used for their functional qualities in the beauty and personal care business because there are no synthetic substitutes available. Complex carbohydrates and considerable amounts of vitamins B and C are present in the final product. As a result, tara gum is much more than just a thickening agent and is recognized for its moisturizing and protecting qualities. In the cosmetic and personal care sector, it can also considerably increase a product’s efficacy.

Another important factor projected to drive the global tara gum market is the use of tara gum in the animal feed industry to increase cattle and poultry growth and prevent animal illnesses. Additionally, it is anticipated that throughout the forecast period, the pharmaceutical industry’s need for tara gum to make a variety of pharmaceutical supplements will encourage the growth of the worldwide tara gum market.

Country-wise Insights

Germany to Uplift Demand for Bakery Products

Germany is anticipated to account for 32.1% of the European market’s total revenue value shares by the end of 2032. Market expansion is anticipated to be fuelled by consumers’ increasing adoption of a healthy lifestyle in the region and the presence of a well-established food and beverage industry.

India and China to fuel the Market Growth

The global tara gum market is anticipated to expand significantly throughout the forecast period, particularly in Asia Pacific countries like China and India. Over the anticipated period, the regional market is likely to be driven by rising demand for low-fat food products, high demand for natural ingredient medicines, and rising disposable income in emerging nations.

Furthermore, to gain the market, share in these untapped regions, the key businesses active in the global tara gum market concentrate primarily on emerging markets.

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Competitive Landscape

Argos Peru SA, TIG Corporation, Molinos Asociados S.A.C., Gomas y Taninos, Priya International, and KALYS are the market’s top competitors for tara gum. There are numerous worldwide and regional competitors in the extremely competitive global tara gum market. Market participants also place a lot of emphasis on offering consumers unique products that incorporate useful qualities.

Tara Gum Market by Category

By End Use Application:

Bakery
Beverages
Confectionary
Dairy
Jams
Soups
Sauces, Dressings & Condiments
Processed Food & Beverages
Infant Formula
Beauty and Personal Care
Animal Feed
Pharmaceuticals

By Region:

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

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Hyaluronic Acid Products Market demand is expected to reach 2,52 Mn by the end of 2030 | Exclusive Report by FMI

[284 Pages Report] Hyaluronic acid products have been gaining the momentum backed by massive use in therapies intended at the treatment of osteoarthritis, vesicoureteral reflux (VUR), and dry eye diseases, besides diverse aesthetic applications. Future Market Insights (FMI) in a new study has forecast the global market for hyaluronic acid products to surpass US$ 2.7 Bn by 2021.

As a result, the demand of minimally invasive treatment for diseases such as osteoarthritis and VUR stemmed. Manufacturers are introducing advanced intra-articular hyaluronic acid injections (IAHA) injections for the minimal invasive pain management with minimal pain, short recovery time and shorter hospital stay period.

The rising demand of the minimally invasive treatment for the pain management of osteoarthritis and other chronic ailments have pushed the key players to introduce innovative hyaluronic acid products into the market. The conventional treatment regime for chronic diseases was often invasive, involving certain amount of risk for patients with medical-comorbidities. These treatment methods often resulted in long hospital stays.

FMI has forecast dermal fillers to remain key application segment, accounting for over 35% of sales in 2021. The dermatological application of hyaluronic acid also has seen surge with the introduction of advanced dermal fillers, masks, and serums for application in restorative therapy and wrinkle augmentations.

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Major Key Players:

Anika Therapeutics, Inc.
Fidia Farmaceutici S.p.A.
Sanofi
Ferring B.V.
Viatris Inc.
Croma-Pharma
Seikagaku Corporation
Zimmer Biomet
Lifecore Biomedical, LLC
LG Chem
Bioventus LLC
Smith & Nephew plc
Shanghai Jingfeng Pharmaceutical Co., Ltd.
Nestle (Galderma)
Bausch Health Companies Inc. Companies Inc. (Salix Pharmaceuticals, Inc.)
Allergan Plc.

The global hyaluronic acid products market is set to expand its scope in the forecast period, as a result of rising prevalence of chronic diseases and expanding geriatric population. In addition to this, the rising demand for minimally invasive therapies and advancing aesthetic procedures and products are propelling the growth of the market.

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Key Takeaways from Hyaluronic Acid Products Market Study

The hyaluronic acid products market will expand at a CAGR of 6.1% between 2020 and 2030
The U.S. will emerge as one of the leading markets, accounting for over 73% of sales in North America
The U.K. will remain one of the key markets within Europe, registering 7.7% Y-o-Y growth in 2021
The demand for Germany and France will continue rising at a positive rate
Japan will emerge as a leading market in East Asia, followed by China and South Korea

Who is winning?

Manufacturers in the hyaluronic acid products market are focusing on advanced IAHA injections, dermal filler, and other products. The delivery of hyaluronic acid to the target site has been made effective, precise, and minimally invasive. This is intended at ensuring more effective pain management for various chronic and inflammatory diseases such as osteoarthritis. Many manufacturers are focused on developing advanced, effective and affordable IAHA injections that come with advanced targeted delivery and minimal invasiveness.

For instance, Synvisc by Sanofi is effective for osteoarthritis pain. The advanced range of dermal filler launched by Galderma of Nestlé, named Restylane covers a wide spectrum dermal application for volume restorative therapy and Restylane Lyft is indicated for the wrinkle augmentation of the backside of the hand.

Valuable Insights into Hyaluronic Acid Products Market

Future Market Insights, in its new report, provides an unbiased analysis of the hyaluronic acid products market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights into the hyaluronic acid products market based on product type (single cycle injection, three cycle injection, five cycle injection), application (osteoarthritis, ophthalmic, dermal fillers, and vesicoureteral reflux), and distribution channel (hospital pharmacies, retail pharmacies, drug stores, and specialty clinics). Regionally the market covers North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East and Africa.

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Hyaluronic Acid Products Market by Category

Product

Single Cycle Injection Products
Three Cycle Injection Products
Five Cycle Injection Products

Application

Osteoarthritis
Ophthalmic
Dermal Fillers
Vesicoureteral Reflux

Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Speciality Clinics

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Lab Automation Market is expected to grow at a CAGR of 9.6% through 2032, reaching US$ 4.74 billion by 2032 | FMI

According to a recent market report published by Future Market Insights titled, ‘Lab Automation Market – Global Industry Analysis and Opportunity Assessment, 2017–2027’, the global lab automation market is expected to be valued at US$ 1,219.4 Mn in 2017, and is expected to register a CAGR of 9.6% from 2017 to 2027. Lab automation is increasingly being installed by various end users such as pharmaceutical companies, hospitals and diagnostic centers, educational institutions, contract research organizations (CROs), and research institutes. There has been an increase in the usage of lab automation components in hospitals and diagnostic centers, due to an increase in the demand for biochemistry devices.

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Favourable government policies for start-ups enable companies to develop cost-effective healthcare solutions in the lab automation market. Over the last few years, government authorities in Asia Pacific and Middle East and Africa are encouraging start-up companies as well as MNCs to boost industrial growth in the healthcare and medical device industries. Major players in the in-vitro diagnostics market can capitalize on the economies of scale to strengthen their position in the market.For instance, India, a developing country in the Asia Pacific region, has announced new policies for attracting MNCs as well as start-up companies across domains, including medical device manufacturing. According to the policies, start-up companies in India are exempt from tax for the first three years after establishment, and patent protection costs are subsidized. Thus, favourable government policies in developing countries are expected to drive overall the lab automation devices and services market.However, the complex integration of lab tools hinders the demand for lab automation solutions. Lab professionals are focusing on the better utilization of test tools, consolidating various resources and deploying effective lab tools across all platforms. Interconnecting various platforms across the lab is a very critical task, and needs advanced PR-PR open-source high-level robot programming language as a cross-platform laboratory automation system, which may lead to complexity and a variety of test configurations, and restrain the growth of the lab automation market over the forecast period.

Dynamics of the Global Lab Automation Market

Increasing incidences of life threatening diseases and injuries have led to increasing diagnostics procedures, worldwide. It is estimated that, the direct and indirect costs of diagnosis will increase over a period of time. The rising research and development activities in the field of molecular and genetics, biochemistry, microbiology, and immunology have also boosted the demand for accurate and cost saving facilities. To develop cost-effective and cost-efficient medical devices and lab automation services, various governments in developed countries are actively funding R&D activities. For instance, the New South Wales (NSW) government in Australia, has provided a medical devices fund of around US$ 8.0 million in 2017-2018 to help encourage and support investments in the development and commercialization of medical devices, related technologies, and services.

Global Lab Automation Market: Key Players

Some of the key competitors in the lab automation market are Abbott Laboratories, Agilent Technologies, Perkin Elmer, Inc, Thermo Fisher Scientific, Inc, Siemens Healthcare, Danaher Corporation, Becton, Dickinson and Company, and Transcriptic, Inc.

These key players are constantly focusing on product innovation and geographical expansions to sustain their market presence and increase revenue generation by developing various types of solutions and delivering outstanding offerings to several end users.

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Key Segments:

Component Type

Devices
- Biochemistry Devices
- Molecular Devices
- Hematology Devices
- Immunology Devices
- Microbiology Devices
- Others

Software

Scheduling Software
Momentum Integration Software

Application

Life Sciences Research and Development
Drug Discovery
Diagnostics

End User

Pharmaceutical Companies
Hospitals and Diagnostic Centers
Educational Institutions
Contract Research Organizations (CROs)
Research Institutes

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Key Regions

North America
- U.S.
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Western Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
APEJ
- China
- India
- Australia & New Zealand
- ASEAN
- Rest of APAC
Japan
MEA
- GCC Countries
- Turkey
- South Africa
- North Africa
- Rest of MEA

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Respiratory Inhaler Devices Market Is Expected To See a growth of 4.4% CAGR through 2030 | Future Market Insights

[250 Pages Report] Global respiratory inhaler device shipments are likely to grow at over 4% in 2021, as the medical device industry makes a gradual recovery. Innovation in smart inhaler technologies is likely to be a key focus area, but manual inhalers will still account for 90% of total demand. This stark contrast reflects the status-quo in the global medical device industry, where realization of new investment and bottom-lines are concurrent.

[250 Pages Report] The rising prevalence of respiratory disorders has necessitated innovation in manufacture of respiratory inhalers. The demand for better precision in drug delivery is enabling broader adoption of Respiratory Inhaler Devices, especially among patients of asthma and chronic obstructive pulmonary diseases (COPD). Steady growth is expected to continue as favorable reimbursement policies by governments create a conducive environment around the world.

Global demand for respiratory inhaler devices continues to be driven by rising prevalence of COPD and asthma. According to the World Health Organization (WHO), nearly 251 million cases of chronic obstructive pulmonary disease (COPD) were reported worldwide in 2016 and nearly 339 million people were estimated to have asthma in the same year. Coupled with this, surging healthcare spending has been creating lucrative prospects for growth of the market.

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Market players also are focusing on novel inhalation technologies to ascertain drug delivery to lungs. Spurred by these factors, the global market for respiratory inhaler devices is expected to report surging sales.

Smart Inhaler Technology Touted as a Major Breakthrough

Smart inhalers have been touted as a disruptive technology, and it remains a key focus area for manufacturers. Smart inhalers can signal patients if their overusing any medication, warning them against poor management of the condition. The technology is touted as a major breakthrough in the healthcare sector and one that is expected to enable growth in the respiratory inhaler devices market in the coming years.

Several studies already are underway gauging the potential of these development. For instance, My AirCoach, which is an EU-funded multi-institutional research project, aims at assessing how novel mobile health technologies, including smart inhalers, can help offering improved asthma control.

With myriad of developments underway, respiratory inhaler device shipments are likely to gain traction through 2030. FMI’s report offers a comprehensive analysis on how growth will unfold. Some of the key takeaways from the report are:

Dry powder inhalers remain the most lucrative category
Manually operated inhaler devices will remain preferred choice among available technologies
Respiratory inhaler devices sales surging to offer improved asthma control and management
US to remain a highly lucrative market for respiratory inhaler devices, however, growth in East Asia is expected to accelerate at a higher pace

“Some of the leading players are working on technologies that would enable monitoring and correction of inhalation techniques in the near future. They are developing smart inhalers that will use the Bluetooth technology to monitor inhaler use in patients. While several developments are underway, industry experts are cautiously examining the potential of smart inhalers to ensure all potential concerns pertaining to the novel technologies are ironed out. However once launched, smart technology can help the market gain momentum at accelerated pace in the near future,” said a lead analyst at FMI.

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Some of the leading companies are focusing on innovations and product launches to gain competitive advantage. There also are companies trying to capitalize on opportunities across high potential markets. For instance, Zydus Cadila has announced launching India’s first pressurized Metered Dose Inhaler (pMDI) – Forglyn pMDI with a combination of Long Acting Beta Agonist (LABA) and Long Acting Muscarinic Antagonist (LAMA) for COPD patients in October 2020.

In 2019, Lupin announced launching “ADHERO,” which is a connected smart device for metered dose inhalers and promises to ensure improved adherence to inhalation therapy for COPD treatment.

In the latest report by Future Market Insights, we offer an unbiased analysis of the global respiratory inhaler devices market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (dry powder inhaler, metered dose inhaler, and nebulizer), technology (manually operated inhaler devices and digitally operated inhaler devices), disease indication (asthma, COPD, pulmonary arterial hypertension, other respiratory diseases), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Key Segments

Product

Dry Powder Inhalers
Metered Dose Inhalers
Nebulizers
- Compressed Air Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers

Technology

Manually Operated Inhaler Devices
Digitally Operated Inhaler Devices

Disease Indication

Asthma
Chronic Obstructive Pulmonary Disease
Pulmonary Arterial Hypertension
Others

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Region

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

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