Vascular Access Catheters Market is estimated to achieve the valuation of US$ 3.0 Bn by end of 2022 | FMI

With healthy CAGR of 5.5%, the global vascular access catheters market is likely to grow with an impressive growth rate during the projected period. The primary reasons for this remarkable growth is shift towards value-based healthcare model, increasing global healthcare spending and global manufacturer’s focus on emerging market. According to the new report “Vascular Access Catheters Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027) that is published by Future Market Insights, global vascular access catheters market to grow from US$ 2,365.3 Mn in 2017 to US$ 4,042.8 Mn by 2027 end.

This represents CAGR of 5.5% over the projected period of 10-years.  The global vascular access catheters market for represents absolute $ opportunity of US$ 118.9 Mn in 2018 over 2017 and incremental opportunity of US$ 1,677.5 Mn between 2017 and 2027.

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Global Vascular Access Catheters Market: Drivers

  • Increased precision of PICC and CVC placement with tip location devices
  • Improved Reimbursement policies
  • Preference by surgeons, anaesthesiologists & interventional radiologists
  • Increasing number of diseases with PICC application
  • Distribution and collaboration agreement to increase product reach
  • Introduction of Innovative products
  • Product availability through appointing distributors
  • Increasing forward integration
  • Introduction of new PICC having anti-thrombogenic property
  • Radiopaque catheter material or marking

Global Vascular Access Catheters Market: Forecast by Product

On the basis of product type, the global vascular access catheters market is segmented into CVC Catheters, Implantable Port, Dialysis Catheters and PICC Catheters. CVC catheters dominated the global market in 2016, and is expected to continue to do so. Also, increasing approvals for new products in the hemodialysis and peritoneal dialysis segment would further increase the adoption.

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Global Vascular Access Catheters Market: Forecast by End Use

By end use the global market for vascular access catheters market is segmented into hospitals, ambulatory surgical centres and specialty clinics and others. Hospital is expected to be the most lucrative among all end users of vascular access catheters products, with attractiveness index of 2.7, while specialty clinics and others are expected to be the least attractive end users of vascular access catheters, with market share index of 0.8.

Global Vascular Access Catheters Market: Forecast by Design

Design segment consists of single lumen, double lumen, and multiple lumen. Double Lumen, dominated the vascular access catheters market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period. Double lumen catheters is expected to be the most lucrative among property segment, with attractiveness index of 2.1.

Global Vascular Access Catheters Market: Forecast by Property

The property segment of the global vascular access catheters market includes antimicrobial catheter and non-anti-microbial catheter. Non Anti-microbial catheter, dominated the vascular access catheters market in revenue terms in 2016, and the trend is projected to continue throughout the forecast period. Non Anti-microbial Catheter is expected to be the most lucrative among Property segment, with attractiveness index of 1.5.

Global Vascular Access Catheters Market: Forecast by Region

This report has covered seven regions namely, North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA. North America vascular access catheters market accounted for largest revenue share of 44.6% in 2016. Western Europe is expected to experience highest CAGR of 5.8% over 2017–2027, primarily due to increase in chronic kidney dialysis & cancer. Also rising healthcare reach in untapped markets may spur revenue growth during the forecast period.

Global Vascular Access Catheters Market: Key Players

Some of the key players operating in the global vascular access catheters market are Angio Dynamics, C.R. Bard, Teleflex Incorporated, B. Braun Melsungen AG, Kimal Healthcare, Comed B.V., Medtronic Plc, Smiths Medical, Vygon (UK) Ltd, Becton, Dickinson and Company, Argon Medical Devices, Inc., Boston Scientific Corporation, Cook Medical Incorporated and Fresenius Kabi AG.

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Market segmentation By Region

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

By Product Type

  • CVC Catheters
  • Dialysis Catheters
  • PICC Catheters
  • Implantable Port

By Design

  • Single Lumen
  • Double Lumen
  • Multi Lumen

By End Use

  • Hospitals
  • Ambulatory
  • Surgical Centres
  • Specialty Clinics & Others

By Property

  • Antimicrobial Catheter
  • Non Anti
  • Microbial Catheter

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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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Leavening Agents Market is Valued at USD 6.4 Billion in 2022 and is Projected to Grow at a CAGR of 4.4% During 2022-2032

The Leavening Agents market is valued at USD 6.4 Bn in 2022 and is projected to grow at a CAGR of 4.4% during the forecast period, to reach a value of USD 9.8 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global Leavening Agents demand is projected to grow year-on-year (Y-o-Y) growth of 2.9% in 2022.

2017-2021 Leavening Agents Market Outlook Compared to 2022-2032 Forecast

The market grew with a CAGR of 4.1% between 2017 and 21 as one of the key components and the ingredient with a significant market share in the market for baking ingredients is a leavening agent. By causing mixes to release gases, leavening agents are primarily utilized in batters and doughs to produce baked goods with absorbent structures.

Baking soda, baking powder, active dry yeast, sourdough starter, handmade potash, potassium bicarbonate, and baker’s ammonia are among the several leavening agents that can be used. Baking soda, baking powder, and active dry yeast all contribute significantly to the pie’s overall flavor.

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High Demand for Processed Food Driving the Leavening Agent Market

The expanding market for processed baked goods is what is driving the demand for leavening agents globally. The market for leavening agents is becoming increasingly demanding due to changing lifestyles and rising health consciousness. To ensure that the food product contains the right amount of carbon dioxide, the ratio of acid to the leavening agent must be matched.

Given that the Asia Pacific, the Middle East, and Africa are regions that are rapidly expanding, there is numerous potential for the market expansion of leavening agents. The companies competing in this market have been conducting in-depth research and development to create new leavening agent-related products for the food and beverage industry.

Additionally, during the projection period, the market expansion would be aided by rising healthcare costs and rising disposable income. There is an increasing need for wholesome meals as the working population grows. As a result, the industry is anticipated to experience significant expansion. The market for leavening agents is also rising as people’s worries about leading healthier lives expand, as their use in food products provides several functional advantages.

Country-wise Insights

US to Uplift Demand for Magnesium Stearate

With the rising consumer demand for processed bakery food products in nations like the U.S. and Canada, North America is predicted to experience considerable growth in the worldwide leavening agents market.

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Europe’s demand for Leavening Agents to fuel the Market Growth

With strong demand in the U.K. and Germany, Europe contributed the most to the global market in 2022, holding over 30% of the market. Additionally, the growing spending power of customers in this region for bakery goods will fuel category expansion. Additionally, the use of meal replacements made from functional food items is growing as they tend to meet consumers’ needs for both energy and nutrition. Leavening Agents are commonly employed in the food sector as a result of rising consumer knowledge and greater internet usage.

Category-wise Insights

Application of Leavening Agents in the global market

Due to the rising demand for baked products, Bakery made up the largest portion of the global market revenue in 2022, accounting for around 66.8% of it. The market for food leavening agents is being driven by the expansion of the baked goods industry. Future trends in lifestyle change and rising health consciousness will make the market for food-leavening agents more competitive.

Due to rising demand, personal and health care will rise at the fastest rate during the forecast period. Other factors influencing the segment’s growth include increased disposable incomes, rising demand for personal and health care items, and adaptability to healthier lifestyles.

Natural source Projected to Grow with High CAGR as Its Demand Grows

Due to the rising demand for the natural ingredient, the natural source is projected to grow with a CAGR of 7.8% during the forecast period. Further, the most widely used natural agent is yeast as changes in consumer food habits and increasing demand for bakery products are the major factors driving the growth of this segment.

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Leavening Agents Market by Category

By Source:

  • Natural
  • Synthetic

By End-Use Application:

  • Beverages
  • Bakery and Confectionery
  • Dairy Products
  • Dietary Products
  • Personal Care and Cosmetics
  • Others

By Region:

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

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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Laser Therapy Devices Market reaching a valuation of nearly US$ 2 billion by 2022 | Get Insights FMI

Future Market Insights’ (FMI) latest report on the global laser therapy devices market expects a healthy growth trend, reach a value of almost US$ 2 billion by 2022, registering a CAGR of around 4%. Long-term prospects also appear bright, with numerous large-scale investments underway to adopt laser treatment procedures, amid rising inclination towards minimally invasive surgeries.

As per FMI’s analysis, oncology and aesthetics treatment are expected to emerge as key growth engines, followed by ophthalmology applications. Furthermore, preference for low level laser therapy (LLLT) is expected to increase, prompting key manufacturers to introduce a slew of innovative laser therapy devices solutions in the long-run. In 2019, the US Food & Drug Administration approved the Erchonia FX 635, a LLLT device to address whole-body pain, reducing the incidence by nearly 50%.

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According to the Cancer Atlas, there were an estimated 18.1 million active cases, with over 9 million cancer deaths in 2018. Additionally, nearly 44 million individuals persons living with cancer that same year who were diagnosed within the previous’ five years. It is projected that this burden is expected to rise by over 60% by 2040. Hence, credible progress is expected to be made in this regard.

Key Takeaways from FMI’s Laser Therapy Devices Market Study

By device type, gas laser therapy devices to account for more than a quarter of the revenue share through 2021
A fifth of the total laser therapy devices revenue is accounted for by hospitals, specialty clinics to generate over half of the total share
Ophthalmology treatment is likely to account for the bulk of the revenue share in the laser therapy devices market
US and UK to experience high sales amid surging popularity of low-level laser therapy (LLLT)
High prevalence rates of dermatological disorders to fuel laser therapy device sales across Germany
Robust healthcare research funding and a flourishing aesthetics industry to pivot French laser therapy devices market growth
High plastic surgery rates to heighten China’s share in the laser therapy devices market
“Prominent laser therapy devices manufacturers are introducing portable handheld devices in order to enhance the comfort factor for surgeons while administering the appropriate treatment, improving patient outcomes and success rates,” says the FMI analyst.

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Competitive Landscape

Boston Scientific Corporation, IPG Photonics Corporation, Lumenis Ltd., Coherent Inc., Biolitec AG, Hologic Inc., Alma Lasers Ltd., Fotona D.D, Danaher Corporation and Thermo Fisher Scientific Inc. are some prominent laser therapy devices manufacturers as profiled by FMI’s report. New product launches, capacity expansion initiatives and securing regulatory approvals for specific techniques are some key growth strategies.

In 2018, Hologic Inc. received a medical device license issued by Health Canada to market Cynosure’s advanced non-invasive body contouring product called SculpSure®, a laser treatment device for treating back, inner and outer thighs, and submental area under the chin. This approach destroys fat cells by raising body fat temperature.

Recently, in April 2021, Alma Lasers Ltd. launched the Alma PrimeXTM platform, a non-invasive approach for body contouring and skin tightening in the abdomen, waist, thighs and buttock areas. It deploys a combination of ultrasound and radiofrequency technologies.

More Insights on the Global Laser Therapy Devices Market

In its latest report, FMI offers an unbiased analysis of the global laser therapy devices 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 device type (solid-state laser, gas laser, liquid laser and semiconductor laser), end-user (hospitals, ambulatory surgical centers, specialized clinics and other end-users), application (ophthalmology, dermatology, gynecology, dentistry, urology, cardiovascular and others) and region (North America, Latin America, Europe, Japan, APEJ and Middle East & Africa).

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Key Segments Covered

Device Type:

  • Solid-State Laser
  • Gas Laser
  • Liquid Laser
  • Semiconductor Laser

End-User:

  • Hospitals
  • Specialized Clinics
  • Ambulatory Surgical Centers
  • Other End-Users

Application:

  • Ophthalmology
  • Dermatology
  • Gynecology
  • Urology
  • Cardiovascular
  • Others

About FMI:

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

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Annatto Extract Market Analysis & Extensive Study on Market Participants Outlook Across Key Points-2027

Annatto is a natural color and spice which is derived from achiote shrub. Annatto is widely used as a food color and dye, which also acts as a good taste enhancer. Annatto is a pigment or a coloring agent produced from the red seeds of the achiote, i.e., Bixa Orellana, the tropical tree. It is a fruit having heart shape and is covered with hairs. The red seeds are thus obtained when the fruit ripe and open ups its pod. Annatto is responsible for the yellow to the orange color range used in various commercial products.

Annatto Extract is used as a powder, paste or can be cooked directly in the oil. Annatto extract is used in several products such as butter, cheese, and beverages. Annatto extract is also loaded with numerous pharmaceutical properties and is therefore used in cooking culinary practices. Color, Texture, and Flavors are the principal characteristics of quality food.

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The attractiveness and aesthetic appeal of the food are generally judged by the color of the food which triggers the colouring agent market like annatto extract market, which tries to invent and add various natural and synthetic colouring agents for the food, cosmetic and textile industry. One of the popular spice and the natural colouring agent is Annatto extract.

Annatto Extract Market: Segment Overview

Annatto extract provides different color shades ranging from yellow to orange-red. It contains bixin, which is dissolved or suspended in oil to obtain the desired color. Annatto extract is basically used to color the high-fat content food like dairy products, bakery products, sauces and cream desserts. Use of water soluble annatto extract has been increased in commercial products as it provides dilute solutions with high pH level and powders.

Water soluble annatto extract contains norbixin, usually as potassium or sodium salts. Water soluble Annatto is used for coloring cheese. Emulsified annatto extract is miscible with oil and water due to its combination with bixins or norbixin. Annatto extract also provides improved acid stability by choosing appropriate emulsifiers. Emulsified annatto colors are mostly used in ice creams, soups, confectionaries and dairy products

Annatto Extract Market: Drivers & Restraints

The significant increase in the natural food color industry market is the effect of increasing awareness about the consequences of synthetic color agents on the health which will boost annatto extract market during the forecast period. Along with this, various factors such as trading ban on artificial color made products and its manufacturing in different markets including Japan, increasing use of products with natural food colors such as products for infants, handmade papers, etc., launch of new products with different flavors and natural ingredients in food and beverages altogether triggers the natural food color market ultimately favoring the annatto extract market.

The foremost factors restraining the growth of annatto extract market are high cost, less stability as compared to synthetic agents, color degradation due to various external factors like temperature, light, etc., highly concentrated extract which affects the taste of the food. Another major factor that affects the annatto extract market is hypersensitivity or allergic nature to the archiote. Annatto extract can affect an individual with kidney disorders. All the above factors have the negative impact on consumption and preferences of the annatto extract which is used in commercial products by the manufacturers thus co-relatedly affecting overall annatto extract market.

Annatto Extract Market: Regional Outlook

On the basis of the geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and the Middle East and Africa.

In regional segments, North America is presently the market leader in terms of revenue in the global annatto extract market, due to increasing demand for the natural color ingredients. Thus the requirement for the natural coloring agent forces the manufacturers to opt for this seed which provides a natural color.

Annatto Extract: Key Market Players

Some of the market players operating in the annatto extract market are Kalsec Inc, Fiorio Colori, Chr. Hansen Holding A/S, Sensient Technology Corporation, FMC Corporation, D.D. Williamson & Co. Inc., WILD Flavors, Naturex S.A., and few other regional players.

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Regional analysis includes

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

Annatto Extract Market: Segmentation

By pigments, Annatto extract is segmented into

  • Carotenoids
  • Bixin
  • Norbixin

By pigments fraction, Annatto extract is segmented into

  • Oil-Soluble Annatto
  • Water-Soluble Annatto
  • Emulsified Annatto

By its Applications, Annatto extract is segmented into

  • Food Industry
  • Natural Fabric Industry
  • Cosmetic Industry

Report Highlights:

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

About FMI

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

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Carica Papaya Seed Oil Market Forecast Report on Improvements in Demand & Supply, Varieties & Region-2027

Carica Papaya Seed Oil is extracted from the seeds of papaya fruit, and is extremely rich in antioxidant vitamins A and E and also contains high levels of omega 9 essential fatty acid (oleic acid). Papaya Seed Oil also contains an enzyme called papain, which acts as an exfoliant and helps in dissolving dead skin cells and sebum. Pretty remarkably, papain also reduces brown spots, lighten post acne marks, and has compounds which calm and soothe.

Papaya seed oil is also beneficial in hair care and helps in combating static and soften and smooth dry, damaged hair. Moreover, papaya seed oil is also useful in curing many fungal infections such as athlete’s foot. A prominent share of the total papaya seed oil production comes from India, Brazil and Mexico, however, these countries significantly lack in terms of awareness regarding the benefits of papaya seed oil compared to Europe and North America.

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As awareness regarding the benefits of carica papaya seed oil rises demand in the global carica papaya seeds market is expected to expand with an impressive CAGR over the forecast period.

Carica Papaya SeedOil Market: Drivers & Restraints

The major factors boosting the growth of Carica Papaya Seed Oil Market is rising preference towards Ayurveda or natural products for cosmetics, particularly for skin and hair care. Furthermore, amid increasing environmental pollution problems related to skin and hair are bind to rise, thus fuelling more demand for products such as carica papaya seed oil. Furthermore, as manufacturers promote their products on the backdrop of its miraculous benefits, the product is expected to see sudden significant adoption.

Furthermore, as an increasing number of people prefer softer, smoother, and younger looking skin, demand for carica papaya seed oil is anticipated to see high growth rates, particularly in the developing countries of Asia Pacific and Latin America.

However, as none of the big cosmetic manufacturers in the world have ventured into Carica papaya seed oil, the product lacks awareness, predefined regulator norms. As carica papaya seed oil witness’s increases consumption, these factors might affect the growth rate.

Carica Papaya Seed Oil Market: Regional Outlook

Geographically, Carica Papaya Seed market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. India, Brazil, Mexico, Nigeria and Indonesia are the global leaders in production of carica papaya, with India leading the deck with 2,685,900 Mtons per annum of production. However, none of these countries has established themselves as a keen supplier of carica papaya seed oil, amid low demand for the same from domestic customers. Asia Pacific Exc. Japan is expected to be the global leader in terms of demand for carica papaya seed oil, due to relatively high demand from China and India.

This can be attributed to high preference for ayurvedic and natural products in the region. Western Europe and North America are expected to be the next dominant regions witnessing high adoption rates for carica papaya seed oil during the forecast period. With rapid development and increasing number of skin related problems in Latin America, demand for products such as carica papaya seed oil is anticipated to rise in the region. Furthermore, as the region caters huge potential for papaya cultivation, adoption rates will be high. The carica papaya seed oil market of Middle East and Africa is also expected to witness impressive growth rates over the forecast period.

Carica Papaya Seed Oil Market Players

Some of the players identified in Global Carica Papaya Seed Oil market are:-

  • Katyani Exports
  • Parchem fine & specialty chemicals
  • Lotus Garden Botanicals
  • Cosmark Pty Ltd.
  • R K Products
  • Grenera Nutrients Private Limited
  • Suyash Herbs Exports Private Limited
  • Dupert Y Compnia Limitada
  • Augustus Oils Limited
  • Aromatic Ltd.
  • Botanical Beauty

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Regional analysis for Carica Papaya Seed Oil Market includes:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • BENELUX
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific (excluding Japan)
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Carica Papaya SeedOil Market: Market Segmentation

Based on End Use, the Carica Papaya Seed Oil Market is segmented into:

  • Cosmetics
  • Medicinal/Skin Care
  • Chemical
  • Others

Report Highlights:

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

About FMI

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

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Beetroot Molasses Market Research on Geodemographic Comprehensive Study and Independent Variable Overview-2027

The syrup that is separated from the last crop of sugar and from which no more sugar can be economically crystallized is called molasses. Beetroot molasses is a by-product of the sugar beet industry. It is obtained in the form of a thick dark syrup from the processing of sugar beet into sucrose. It consists various fermentable carbohydrates and non-sugar organic materials.

The fermentable carbohydrates include glucose, sucrose, and fructose whereas the non-sugar organic materials include amino acids, minerals and trace elements, and vitamins of the B-group. Beetroot molasses is majorly used as a raw material in the production of ethyl alcohol, food acids, bakery yeast, and livestock feed additive.

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Market Segmentation:

Beetroot molasses market is segmented on the basis of application in different industries as animal feed industry, food and beverage industry, and other applications. In the animal feed industry, it is mainly used as a livestock feed additive that stimulates the total feed intake, improves milk yield in cattle, and is also an effective binding agent, hence dominates the beetroot molasses market by application. Similarly, in the food and beverage industry, beet molasses are used in biscuits & cookies, and fermented beverages as well as in the production of baker’s yeast.

Other applications include the use of beet molasses as raw materials in production of ethanol which is used in various industries such as pharmaceuticals, chemical intermediates, personal care products and cleaners and sanitizers. The global beetroot molasses market is also segmented on the basis of organizational structure such as unorganized and organized market.

Market Regional Outlook:

On the basis of regions, the beetroot molasses market has been segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. In regional markets North America is the largest producer of beetroot molasses. Over the next few years, the Asia-Pacific region is projected to be the fastest growing market for beetroot molasses. India is projected to grow with the highest CAGR in the beetroot molasses market by country, owing to the increasing standard of living.

Market Drivers and Trends:

Rapid rise in the utilization of beetroot molasses as animal feed coupled with the growing demand of ethyl alcohol has played a major role in driving the growth of the beetroot molasses market across the globe. Around 40% of beet molasses are used as animal feed across the world. Feed molasses stimulates the total feed intake, thus lowering the feed costs. It is also a cost effective alternative to traditional animal feed products. Thus the growth of animal feed demand drives the market for beet molasses.

Ethyl alcohol or ethanol is a form of absolute spirit produced also using beet molasses. The growing demand for ethanol is industries such as pharmaceuticals, chemical intermediates, personal care products and cleaners and sanitizers has thus fuelled the growth of the beet molasses market across the globe.

Another factor responsible for driving the beet molasses market is the rising usage of beet molasses in bakery and confectionery products such as cookies and biscuits as the usage of beet molasses in the same make the cookie dough softer, improve moisture content and makes the dough more suitable for handling.

Beetroot Molasses Market Key Players:

Some of the key players in the beetroot molasses market include Renuka beet sugar, Spreckals Sugar Company, Michigan Sugar Company, Amalgamated Sugar Company, Nippon Beet Sugar Manufacturing Co. Ltd., American Crystal Sugar Company, Crosby Molasses Company, Daqahila Sugar Company, Southern Minnesota Beet Sugar Cooperative, and ED&F MAN Deutschland GmbH.

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Regional analysis for Audio Power Amplifier IC Market includes

  • Audio Power Amplifier IC Market by North America
    • US & Canada
  • Audio Power Amplifier IC Market by Latin America
    • Brazil, Argentina & Others
  • Audio Power Amplifier IC Market by Western Europe
    • EU5
    • Nordics
    • Benelux
  • Audio Power Amplifier IC Market by Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Audio Power Amplifier IC Market by Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Audio Power Amplifier IC Market by Japan
  • Audio Power Amplifier IC Market by the Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Report Highlights:

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

About FMI

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

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Food Service Equipment Market Study on Consumer Insights, Gross Margin Analysis, Important changes in 2032

According to a recent market analysis by FMI, sales in the food service equipment market are expected to surpass a valuation of US$ 75.9 Bn in 2032, with demand growing at a 5.6% CAGR.

Rising awareness regarding for hygiene and safety of food and beverages being served in restaurants, along with stringent regulations imposed by regulatory authorities for food safety in commercial kitchens is spurring demand for effective kitchen equipment.

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Key Takeaways:

  • Based on product type, sales in the cooking equipment segment are projected to account for 32.1% of the total market share in 2022.
  • In terms of applications, demand in the quick service restaurants segment will continue gaining traction.
  • Sales in the China market are forecast to surge at a 8.1% CAGR through 2032.
  • The U.S. will continue dominating the North America food service equipment market, with demand growing at a 6.7% CAGR.
  • Germany will emerge as a lucrative pocket, accounting for 20.3% of the Europe food service equipment market share through 2032.

Equipment such as dishwashers, oil filters, water filters, ventilation-exhaust, and other sanitation items are increasingly being adopted. Growing emphasis on easy-to-clean food processing equipment to save time and costs of maintenance is compelling manufacturers to launch innovative products.

Food processing equipment is required to support the infrastructure of back-end product delivery, cold storage, and logistical chain for raw material supply. Freezers, dryers, and fryers are in high demand to extend the life of the provided item.

Demand for food service equipment is increasing in countries such as Brazil, Russia, India, and China, owing to consumers’ preference for ready-to-eat and convenience foods. This potential has arisen as a result of changing consumer lifestyles, fast-rising disposable income, and improved brand awareness.

“The emergence of cliud kitches in various countries, along with increasing preference for online delivery of fast food is expected to fuel sales in the market over the forecast period,” says an FMI analyst. 

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Who is winning?

Some of the top companies offering equipment are:

  • Electrolux Professional
  • Dover Corporation
  • Middleby Corporation
  • Duke Manufactures
  • Tupperware Hobart Corporation
  • Ali Group SpA
  • Panasonic Corporation
  • Welbit, Rational AG
  • Libbey Inc.
  • LG Electronics
  • Robert Bosch
  • Samsung Electronics
  • ACP Solution Inc.
  • Philips Electronics
  • Haier Inc.
  • Illinois Tool Works and others.

Get Valuable Insights into Food Service Equipment Market

FMI, in its new offering, provides an unbiased analysis of food service equipment presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for equipment based on Product (Food Preparation Equipment, Drink Preparation Equipment, Cooking Equipment, Warming, and Holding Equipment, Refrigerators & Freezers, Dishwashers, Other F & B), By Application (Full Service Restaurants, Quick Service Restaurants, Commercial Canteens) across seven major regions.

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About the Food & Beverage Division at Future Market Insights

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

About FMI

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

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Chitosan Market Research on Value Created at Node in the Current Developments with Regional Outlook-2031

The global chitosan market is growing at a steady pace owing to the increasing application of chitosan in the treatment of cancer, diabetes, and tuberculosis. As per a study by Future Market Insights (FMI), the market has registered a CAGR of over 12.1% during 2016-2020 and is likely to exhibit a CAGR of over 14.3% during the forecast period 2021 to 2031.

According to the World Health Organization (WHO), around 10 million new cases of tuberculosis were recorded in 2019 and over 1.4 million people died because of the disease across the globe. Several studies have shown that the use of chitosan-based products assists in the cure of tuberculosis. Considering this, the demand for chitosan is expected to grow in the coming years.

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Chitosan helps in the treatment of obesity and weight management resulting in increasing demand from the dietary supplements segment. The segment is dominating the chitosan market and is expected to account for over 35% of the market share by 2021 resulting in propelling the growth of chitosan market.

Asia-Pacific dominated the global chitosan market with the largest market share in 2019, owing to the availability of crustacean waste and the rapid development of end-use industries in China, Japan, South Korea, and India.

“Leading market players are investing in R&D for launching new products to cater to the increasing demand from dietary supplement and organic cosmetic application segment. Besides this, some of the market players are emphasizing on expanding their manufacturing facilities globally to strengthen their market presence,” says the FMI analyst. 

Key Takeaways

  • Japan is leading the global chitosan market and is estimated to reach a valuation of over US$ 1.09 billion by the year 2031.
  • The U.S. is dominating the chitosan market in North America and is anticipated to hold over 80% of the market share in the region.
  • Owing to the surging demand for natural ingredients in personal care and cosmetics products, Germany is likely to account for over 21% of the market share in Europe.
  • Due to the high consumption of natural dietary supplements, India is projected to hold the market share of around 45% in the South Asia market through 2021.
  • Based on form, the powder chitosan is anticipated to dominate the segment with around 88% of the global chitosan market in 2021.

Key Drivers

  • Increasing prevalence of infectious diseases is expected to boost the demand for chitosan-based products.
  • Growing food additives application is spurring the growth of the chitosan market.
  • Rising demand for organic personal care and cosmetics products will bolster the growth of the market.
  • Increasing incidence of obesity and overweight will create growth opportunities for the market.

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Key Restraints

  • High production cost is restraining the growth of the chitosan market.
  • The lengthy and time-consuming process for manufacturing chitosan might hamper the market growth.
  • Lack of raw material is a factor negatively affecting the growth of the chitosan market.

Competitive Landscape

Companies operating in the chitosan market are focusing on expanding their product portfolio by developing a wide range of chitosan-based products according to the application of the end-use industries. For instance,

  • Axio Biosolutions launched its new product named, MaxioCel, a next-generation wound care dressing chitosan-based product in 2019.
  • Friesland foods kievit, a Germany-based company, has created a new encapsulating technology to increasing the use of chitosan as a natural product. Friesland foods kievit has established a distinct business organization named, Kievit Ventures.

Leading players profiled by FMI operating in chitosan market include:

  • Agratech (KYTOSAN USA, LLC)
  • Austanz Chitin Pty Ltd.
  • CarboMer, Inc.
  • Golden-Shell Pharamceuticals Co. Ltd
  • Heppe Medical Chitosan GmbH
  • KIMICA Corporation
  • Kitozyme, LLC
  • Kraeber & Co. GmbH
  • Meron Group
  • Qingdao Haijia Biology and Technology Co. Ltd
  • Tidal Vision Inc.
  • Chitolytic
  • Marshall Marine Products
  • Zhejiang Aoxing Biotechnology Co. Ltd.

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More Insights on FMI’s Chitosan Market

The latest market study on global chitosan market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented

  • By Form:
    • Liquid
    • Powder
  • By Source:
    • Shrimp
    • Crab
    • Lobster
  • By End Use:
    • Food Additive
    • Dietary Supplements
      • Crohn’s Disease
      • Dental Cavities
      • Anemia
      • Periodontists
      • Weight Loss
      • Sports Nutrition
      • Immune & Digestive Health
      • Bone & Joint Health
      • Heart Health
      • Other Specific Requirements
    • Pharmaceuticals
    • Cosmetics
      • Hair Care
      • Nail Care
      • Skin Care
      • Toiletries
      • Spa
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • Middle East and Africa (MEA)

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 9 years.

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Integrated Food Market Growth Pace Factors, Current Updates, Future Industry Landscape Analysis-2032

As per the report published by FMI, the global integrated food ingredients market is projected to have a moderate-paced CAGR of 5% during the forecast period. The current valuation of the market is US$ 66.2 billion in 2022. The market value of the integrated food ingredients market is anticipated to reach a high of US$ 91.5 billion by the year 2032.

The experts at FMI have revealed that the surge in consumer preference for healthy food products and the rising adoption of nutritious and sustainable diets among consumers is driving market revenue growth for integrated food ingredients. Furthermore, the growing prevalence of chronic diseases, such as heart disease and diabetes, and concerns regarding the wellness of consumers have made it necessary for food researchers to alter the nutrient content of food.

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FMI has also analyzed that rapid integration of advanced technologies in food production, such as membrane filtration and encapsulation technologies to improve the quality of food products, is fueling demand for integrated food ingredients. Additionally, increasing demand for ready-to-eat food and food products with new flavors and ingredients to enhance the taste is another major factor expected to drive the growth of the market.

However, as per the analysis of FMI, stringent regulations on food additives may curb the growth of the forum in the long run, coupled with the high cost associated with the development and innovation of food ingredients and the dearth of infrastructure within the market.

Key Takeaways from the Integrated Food Ingredients Market Study:

  • North America is currently accountable for a market share of 38% in the integrated food ingredients market.
  • The Frozen Food segment is projected to advance at a CAGR of 5.98% during the forecast period.
  • The Functional Ingredients segment is projected to record a CAGR of 5% during the period 2022-2032.
  • As per FMI, China will account for a CAGR of 5.3% over the forecast period.
  • The global integrated food ingredients market is forecasted to surpass US$ 91.5 Bn by the end of 2032.

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“The consumer’s preferences are changing continuously in response to diet-conscious healthy habits and foreign direct investment in the food and beverage sector is curating lucrative growth opportunities for the market players prevailing in the integrated food ingredients market” – Says an FMI Analyst.

Competitive Landscape in the Integrated Food Ingredients Market

To modernize and enliven their products, manufacturers are concentrating on adding ethnic flavors. Additionally, a rise in the number of online food suppliers has put the top players in the industry at risk of competition due to their adept production methods, premium ingredients, and openness about their production and sourcing practices.

The manufacturers are focusing on the trend of plant-based ingredients as it is paving the way for the development of the global market. The key players are frequently innovating their products and producing consumables that contain natural ingredients and minimal processing. They are vividly focused on consumers’ needs and preferences to invest more in natural products.

Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, E. I. du Pont de Nemours and Company, Firmenich SA are some of the key players in the market.

Recent Developments in the Integrated Food Ingredients Market

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  • In February 2019, Motif Ingredients, a US-based food ingredients company is leveraging biotechnology to develop unique food solutions that provide consumers more options without sacrificing taste or nutrition.
  • In December 2019, PureCircle, the world’s leading producer and innovator of stevia launched Sigma Syrup, which is a great testing stevia leaf sweetener with advanced solubility properties.
  • In January 2018, Arjuna Natural Ltd. India, launched Natural Preservatives to extend the shelf life of frying oil which will slow down the oxidative degradation of frying oil and extend the shelf life the oil.
  • In 2016, Food and Drug Administration of the U.S. announced Guar Gum as a natural substance and can be used in food products up to a specified limit.

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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Oryzenin Market Leading Challenges for Manufacturers, Current Statistics, Product Type Analysis & Forecast-2022-2032

Future Market Insights (FMI) has published a new report, which is titled, “Oryzenin Market: North America to Dominate the Global Oryzenin Market in Terms of Revenue: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022).” According to the report, oryzenin is a much better alternative as compared to barley, wheat, and rye as it does not lead to any kind of allergies or disorders such as the celiac disease and this is a key factor boosting its demand worldwide.

Consumers seeking lactose free and gluten free source of protein are extensively demanding oryzenin, as it is safe and does not cause any disorders relating to digestion. As per FMI, the global oryzenin market will reach an evaluation of US$12 mn by 2022, expanding it robust CAGR of 7.3% between 2017 and 2022

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The market for oryzenin is also expected to be boosted by the increasing incidences of gastrointestinal diseases, celiac disease, and irritable bowel syndrome. As the demand for rice protein is increasing on account of its functional properties, the demand for oryzenin will also grow. This is because oryzenin is a glutelin type which is found in the seeds of rice. Some of the other factors impacting the growth of this market include the low cost of producing rice proteins, high protein content, and high gelling properties.

On the basis of geography, the global oryzenin​ market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Of these, it is estimated that North America will emerge as the most lucrative regional market for oryzenin and expand at a healthy CAGR of 9% between 2017 and 2022. By product type, it is estimated that the isolate segment will lead in the market and expand at a healthy 8.3% CAGR from 2017 to 2022. This segment is also estimated to gain the highest BPS by the end of the forecast period. The report also states that the concentrates segment will exhibit high growth potential in the years to come and exhibit a remarkable CAGR throughout the forecast period.

All these aforementioned factors are the reasons behind the extensive use of oryzenin in the food and beverage industry. The increasing health awareness, use as an enhancer for boosting nutritional value in food products, and growing use in sports nutrition will spur the growth of this market worldwide.

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On the basis of form, the dry segment is witnessing high growth rate exhibiting an 8.8% CAGR from 2017 to 2022. The drive segment is estimated to gain the highest VPS by the end of the forecast period. On the other hand, the liquid segment holds high share in the market as compared to the dry segment and this trend is estimated to continue for the rest of the office period.

On the basis of application, the bakery and confectionery segment has witnessed the highest growth rate for oryzenin, closely followed by the sports and nutrition segment. The sports and nutrition segment is estimated to gain high BPS in the years to come. In fact the sports and nutrition segment is not only leading currently but is estimated to continue to do so in terms of revenue through 2022.

The report profiles leading players within the global oryzenin market for the purpose of study. These players are:

  • Kerry Group PLC
  • Aidp Inc.
  • Shenzhen Beike Biotechnology Co. Ltd.
  • BENEO GmbH
  • Axiom Foods, Inc.
  • Ribus, Inc.
  • Golden Grain Group Limited
  • Rice bran Technologies, Inc.
  • Bioway (Xi’An) Organic Ingredients Co., Ltd. and The Green Labs LLC.

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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