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Handheld Ultrasound Scanners Market is Projected to Register at a Healthy CAGR of 8.8% During the Forecast Period 2017 – 2027
FMI’s latest report on global Handheld Ultrasound Scanners Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Handheld Ultrasound Scanners Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Handheld Ultrasound Scanners Market reached a value of ~US$ 311 Mn by 2017 and is anticipated to grow at CAGR of ~8.8% during the forecast period 2017-2027. The growth is primarily driven by increasing demand for Handheld Ultrasound Scanners among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
IBM Corporation
Koninklijke Philips N.V.,
GE Healthcare,
Fujifilm SonoSite, Inc.,
Clarius Mobile Health,
Signostics Limited,
Sonoscanner SARL,
Mobisante, Inc.,
Terason (Teratech corp.),
Shenzhen Sunway Medical Device Co., Ltd.,
Shenzhen WELLD Medical Electronics Co., Ltd.,
Shenzhen Landwind Industry Co., Ltd.,
Healcerion, Co., Ltd.,
Meditech Equipment Co.,Ltd (Meditech Group),
Sino-Hero(Shenzhen) Bio-Medical Electronics Co., Ltd.,
Caresono Technology CO., Ltd.,
Sonostar Technologies Co., Ltd.,
DGH Technology, Inc., and
Xuzhou Palmary Electronics Co., Ltd.,
By Region Analysis:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific exc. Japan
Japan
Middle East and Africa
By Modality Type:
Wired Scanners
Wireless Scanners
By Display Type:
Black & White Display
Color Display
By End User:
Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Others
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After reading the Handheld Ultrasound Scanners Market report, readers can:
Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Handheld Ultrasound Scanners Market.
Grasp the market outlook in terms of value and volume.
Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Handheld Ultrasound Scanners Market.
Learn about the manufacturing techniques of Handheld Ultrasound Scanners in brief.
Figure out the positive and negative factors impacting the product sales.
What kind of questions the Handheld Ultrasound Scanners Market report answers?
Why is region witnessing the slowest demand growth for Handheld Ultrasound Scanners?
What kind of agreements are the players entering into in the global Handheld Ultrasound Scanners Market?
Which sub-segment will lead the global Handheld Ultrasound Scanners Market by 2029 by product?
Which Handheld Ultrasound Scanners Market players hold significant shares in terms of value and volume?
What alternatives are consumers looking for in the global Handheld Ultrasound Scanners Market?
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/handheld-ultrasound-scanners-market
Why go for Future Market Insights
One of the leading market research firms in India.
Serves 350+ clients every day.
Facilitates 60+ countries with innovative market ideas.
Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
Available round the clock.
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Advanced Analytics Market to represent a significant expansion at 5.5% CAGR by 2022
FMI’s latest report on global Advanced Analytics Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Advanced Analytics Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Advanced Analytics Market reached a value of ~US$ 13,500 Mn by 2022 and is anticipated to grow at CAGR of ~5.5% during the forecast period 2017-2022. The growth is primarily driven by increasing demand for Advanced Analytics among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
IBM Corporation
Microsoft Corporation
SAP SE
SAS Institute System
Infor
Teradata
Oracle Corporation
Intel
CA Technologies
By Region Analysis:
North America
Latin America
Japan
Europe
APEJ
MEA
By Solution analysis:
Big Data Analytics
Visual Analytics
Risk Analytics
Social Media Analytics
Predictive Analytics
Other Solutions
By Industry analysis:
BFSI
Healthcare
Government
Defense
Retail & Consumer Goods
Other Industries
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After reading the Advanced Analytics Market report, readers can:
Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Advanced Analytics Market.
Grasp the market outlook in terms of value and volume.
Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Advanced Analytics Market.
Learn about the manufacturing techniques of Advanced Analytics in brief.
Figure out the positive and negative factors impacting the product sales.
What kind of questions the Advanced Analytics Market report answers?
Why is region witnessing the slowest demand growth for Advanced Analytics?
What kind of agreements are the players entering into in the global Advanced Analytics Market?
Which sub-segment will lead the global Advanced Analytics Market by 2029 by product?
Which Advanced Analytics Market players hold significant shares in terms of value and volume?
What alternatives are consumers looking for in the global Advanced Analytics Market?
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Why go for Future Market Insights
One of the leading market research firms in India.
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Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
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Car Rental Market is Anticipated to Register at a Healthy CAGR of 6.6% During the Forecast Period 2017 – 2027
FMI’s latest report on global Car Rental Services Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Car Rental Services Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Car Rental Services Market reached a value of ~US$ 98,100 Mn by 2016 and is anticipated to grow at CAGR of ~6.6% during the forecast period 2017-2027. The growth is primarily driven by increasing demand for Car Rental Services among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
Enterprise Holdings Inc.,
The Hertz Corporation,
Avis Budget Group Inc.,
Europcar S.A.,
Carzonrent India Pvt Ltd.,
Sixt Rent a Car,
Al-Futtaim,
Localiza Rent a Car S / A,
Eco Rent a Car, and
GlobalCARS
Key Regions/Countries Covered:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Japan
Middle East & Africa
S.
Canada
Brazil
Argentina
Mexico
Rest of Latin America
K.
Germany
France
Spain
Italy
BENELUX
NORDIC
Rest of Western Europe
Russia
Poland
Rest of Eastern Europe
China
ASEAN
India
Australia and New Zealand
Rest of APEJ
GCC
South Africa
Rest of MEA
By Car Type:
Economy Cars
Compact Cars
Intermediate Cars
Premium Cars
Luxury Cars
Others
By End User:
Intercity
Intracity
On-Airport
Others
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After reading the Car Rental Services Market report, readers can:
Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Car Rental Services Market.
Grasp the market outlook in terms of value and volume.
Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Car Rental Services Market.
Learn about the manufacturing techniques of Car Rental Services in brief.
Figure out the positive and negative factors impacting the product sales.
What kind of questions the Car Rental Services Market report answers?
Why is region witnessing the slowest demand growth for Car Rental Services?
What kind of agreements are the players entering into in the global Car Rental Services Market?
Which sub-segment will lead the global Car Rental Services Market by 2027 by product?
Which Car Rental Services Market players hold significant shares in terms of value and volume?
What alternatives are consumers looking for in the global Car Rental Services Market?
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/car-rental-market-092017
Why go for Future Market Insights
One of the leading market research firms in India.
Serves 350+ clients every day.
Facilitates 60+ countries with innovative market ideas.
Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
Available round the clock.
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New report: South Asia Geosynthetics Market revenues to rake in at a CAGR of 10% during 2019-2029
FMI’s latest report on global Geosynthetics Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Geosynthetics Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Geosynthetics Market reached a value of ~US$ 9.4 Bn by 2018 and is anticipated to grow at CAGR of ~10% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Geosynthetics among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
Low & Bonar PLC
AGRU Kunststofftechnik GmbH
Tensar Corporation
Thrace Group
Officine Maccaferri S.p.A.
GSE Environmental Inc.
HUESKER Synthetic GmbH
Koninklijke Ten Cate B.V.
Solmax International Inc.
Garware-Wall Ropes Ltd.
Advanced Drainage Systems, Inc.
Cooley Group
Geofabrics Australasia Pty. Ltd.
NAUE GmbH & Co. KG
Propex Operating Company, LLC.
Taian Modern Plastic Co., Ltd.
By Region Analysis:
Asia Pacific Excluding Japan
North America
Western Europe
Latin America
Japan
Eastern Europe
Middle East and Africa
By Material analysis:
Polyethylene (HDPE/LLDPE),
Polypropylene (PP),
Polyester,
Natural fibers
By End User analysis:
Roads (paved & unpaved),
Railways,
Retaining walls,
Waterworks and waste treatments,
Landfill & erosion control,
Others
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After reading the Geosynthetics Market report, readers can:
Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Geosynthetics Market.
Grasp the market outlook in terms of value and volume.
Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Geosynthetics Market.
Learn about the manufacturing techniques of Geosynthetics in brief.
Figure out the positive and negative factors impacting the product sales.
What kind of questions the Geosynthetics Market report answers?
Why is region witnessing the slowest demand growth for Geosynthetics?
What kind of agreements are the players entering into in the global Geosynthetics Market?
Which sub-segment will lead the global Geosynthetics Market by 2029 by product?
Which Geosynthetics Market players hold significant shares in terms of value and volume?
What alternatives are consumers looking for in the global Geosynthetics Market?
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/geosynthetics-market
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Serves 350+ clients every day.
Facilitates 60+ countries with innovative market ideas.
Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
Available round the clock.
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Human Identification Market to Witness a Pronounce Growth During 2019 -2029
FMI’s latest report on global Human Identification Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Human Identification Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Human Identification Market reached a value of ~US$ 785 Mn by 2019 and is anticipated to grow at CAGR of ~6% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Human Identification among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
Thermo Fisher Scientific
Promega Corporation
Illumina, Inc.
Agilent Technologies, Inc.
QIAGEN
Bio-Rad Laboratories, Inc.
Hamilton Company
Ande Corporation
COPAN Diagnostics Inc
By Region Analysis:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa
By Product analysis:
Instruments
DNA Collection Systems
Electrophoresis Systems
Thermal Cyclers
Rapid DNA Analysis Systems
NGS Platforms
Microarray Scanners
Software & Data Management
Analytical Software
Data Interpretation
Data Storage
Assay Kits & Cartridges
DNA Sample Preparation & Extraction Kits
DNA Amplification Kits
DNA Quantification Kits
Rapid DNA Analysis Cartridges
Other Consumables
Voice Over Internet Protocol (VoIP) with cloud PBX
By End User analysis:
Forensic laboratories
Law Enforcement Agencies
Academic and Research Labs
Pharmaceutical and Biotech Companies
Contract Research Organizations
Others
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After reading the Human Identification Market report, readers can:
Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Human Identification Market.
Grasp the market outlook in terms of value and volume.
Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Human Identification Market.
Learn about the manufacturing techniques of Human Identification in brief.
Figure out the positive and negative factors impacting the product sales.
What kind of questions the Human Identification Market report answers?
Why is region witnessing the slowest demand growth for Human Identification?
What kind of agreements are the players entering into in the global Human Identification Market?
Which sub-segment will lead the global Human Identification Market by 2029 by product?
Which Human Identification Market players hold significant shares in terms of value and volume?
What alternatives are consumers looking for in the global Human Identification Market?
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/human-identification-market
Why go for Future Market Insights
One of the leading market research firms in India.
Serves 350+ clients every day.
Facilitates 60+ countries with innovative market ideas.
Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
Available round the clock.
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Microbial Identification Market is Anticipated to Register at a Healthy CAGR of 6% During the Forecast Period 2017 – 2022
Global Microbial Identification Market – A brief by FMI
In its new business intelligence study, analysts at FMI find that the global Microbial Identification Market has been growing with a High CAGR of over the historic period of 2017 - 2022, reaching a value of ~US$ 1.4 Bn in 2022. Further, the report suggests that rising demand from consumers, enhanced buying capacity, and increasing investments are set to drive the Microbial Identification Market at a CAGR of ~6.0% over the forecast timeframe 2017-2022.
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Competitive Scenario
Bruker Corporation,
Danaher Corporation,
Thermo Fisher Scientific, Inc.,
Shimadzu Corporation,
Siemens Healthineers,
QIAGEN N.V.,
Merck & Co Inc.,
bioMerieux S.A.,
Becton,
Dickinson and Company,
Biolog, Inc.
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The Microbial Identification Market study assesses every stakeholder by SWOT analysis, market share, company profile, and revenue.
Segmentation Analysis (By Product Type)
The Microbial Identification Market report emphasizes which segment witnesses the highest consumption. Important segments consists of
Bacterial Identification Systems
Microbial Enumeration Systems
Bacterial Resistance Identification Systems
Microbiology Analyzers
Parasitology Analyzers
Segmentation Analysis (By end use)
The Microbial Identification Market report demonstrates adoption trend of Microbial Identification in various end use applications, including
Pharmaceutical and Biotechnology Industry
Food and Beverage Industry
Water and Environment Industry
Independent Research Laboratories
Diagnostic Laboratories
Blood Banks
Regional Analysis
North America
Latin America
Europe
Japan
APEJ
MEA
The Microbial Identification Market study highlights the key regions offering worthwhile opportunities to market players, along with important countries.
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/microbial-identification-market
Questions answered in the Microbial Identification Market research:
How does the global Microbial Identification Market on the basis of region over the historic and forecast period?
What innovative strategies are the Microbial Identification players executing to outperform their competitors?
Which regions are showcasing the slowest growth in the Microbial Identification Market?
What value did the Microbial Identification Market reach in 2018?
By product type, which segment currently leads the global Microbial Identification Market?
Key findings of the Microbial Identification Market report:
Analysis of each Microbial Identification Market player as per its strengths, weaknesses, opportunities and threats.
Analytical research of each Microbial Identification manufacturer, such as market share, regional footprint, and product innovations.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Fluctuating preferences among consumers across various regions and countries.
Individual company profile of prominent stakeholders.
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Why choose FMI?
Consistent interaction with relevant local distributors, and service providers for precise industry-related data.
Approach research scientists for innovative manufacturing processes.
Our data base captures 1.2 Mn+ data points every year.
AI-enabled business solutions to provide clients an edge over.
Available 24/7.
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Cloud Communication Platform Market is Expected to Register Highest CAGR of 21.7% During the Forecast Period 2017 – 2027
FMI’s latest report on global Cloud Communication Platform Market
The recent market intelligence study by Future Market Insights elaborates the all in all perspective of the worldwide Cloud Communication Platform Market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.
Analysts at FMI find that the global Cloud Communication Platform Market reached a value of ~US$ 3.9 Bn by 2027 and is anticipated to grow at CAGR of ~21.7% during the forecast period 2017-2027. The growth is primarily driven by increasing demand for Cloud Communication Platform among the consumers, better disposable income, and enhanced GDP in developing countries.
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Market distribution:
· Cisco System Inc.,
· IBM Corporation,
· Microsoft Corporation,
· Huawei Technologies Co. Ltd.,
· Avaya Inc.,
· Ozonetel Systems Pvt. Ltd.,
· Bharti Airtel Ltd.,
· Vodafone Group PLC.,
· Mitel Networks Corporation,
· Dialogic Inc.,
· Netfortris Inc.,
· Knowlarity Communications Pvt Ltd.,
· Exotel Techom Pvt. Ltd.,
· VoiceTree Technologies Pvt., Ltd., and
· Gintel AS
By Region Analysis:
· North America
· Latin America
· Western Europe
· Eastern Europe
· APEJ
· Japan
· Middle East and Africa
By Solutions analysis:
· Unified Communication & Collaboration
· Web Real-Time Communication (WebRTC)
· Interactive Voice Response (IVR) with integral EPABX
· Audio Conferencing
· Video Conferencing
· Voice Over Internet Protocol (VoIP) with cloud PBX
By Services analysis:
· Managed Services
· Professional Services
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After reading the Cloud Communication Platform Market report, readers can:
· Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Cloud Communication Platform Market.
· Grasp the market outlook in terms of value and volume.
· Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Cloud Communication Platform Market.
· Learn about the manufacturing techniques of Cloud Communication Platform in brief.
· Figure out the positive and negative factors impacting the product sales.
What kind of questions the Cloud Communication Platform Market report answers?
1. Why is region witnessing the slowest demand growth for Cloud Communication Platform?
2. What kind of agreements are the players entering into in the global Cloud Communication Platform Market?
3. Which sub-segment will lead the global Cloud Communication Platform Market by 2029 by product?
4. Which Cloud Communication Platform Market players hold significant shares in terms of value and volume?
5. What alternatives are consumers looking for in the global Cloud Communication Platform Market?
Get Full Access of the Report @ https://www.futuremarketinsights.com/reports/cloud-communication-platforms-market
Why go for Future Market Insights
· One of the leading market research firms in India.
· Serves 350+ clients every day.
· Facilitates 60+ countries with innovative market ideas.
· Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
· Available round the clock.
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Detailed examination of the Coconut Milk Products Market to hold a high potential for growth by 2029
Global Coconut Milk Products market – A brief by FMI
In its new business intelligence study, analysts at FMI find that the global Coconut Milk Products market has been growing with a High CAGR of over the historic period of 2014-2018, reaching a value of ~US$ 880 Mn in 2019. Further, the report suggests that rising demand from consumers, enhanced buying capacity, and increasing investments are set to drive the Coconut Milk Products market at a CAGR of ~ 7% over the forecast timeframe 2019-2029.
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Competitive Scenario
· S&P International Holding Limited
· Sambu Group
· Grace Foods Canada Inc
· Nestlé S.A
· Renuka Foods PLC
· J Mitra Sdn. Bhd
· Santanku Sdn Bhd
The Coconut Milk Products market study assesses every stakeholder by SWOT analysis, market share, company profile, and revenue.
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Segmentation Analysis (By product type)
The Coconut Milk Products market report emphasizes which segment witnesses the highest consumption. Important segments consists of
· Full Fat Coconut Milk
· Lite Coconut Milk
· Refrigerated Coconut Milk
· Cream of Coconut
· Coconut Milk Powder
Segmentation Analysis (By end use)
The Coconut Milk Products market report demonstrates adoption trend of Coconut Milk Products in various end use applications, including
· Food & Beverage
· Food Service
· Cosmetic & Personal Care
Regional Analysis
· North America
· Latin America
· Europe
· Asia Pacific
· Middle East & Africa
The Coconut Milk Products market study highlights the key regions offering worthwhile opportunities to market players, alongwith important countries.
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Questions answered in the Coconut Milk Products market research:
1. How does the global Coconut Milk Products market on the basis of region over the historic and forecast period?
2. What innovative strategies are the Coconut Milk Products players executing to outperform their competitors?
3. Which regions are showcasing the slowest growth in the Coconut Milk Products market?
4. What value did the Coconut Milk Products market reach in 2018?
5. By product type, which segment currently leads the global Coconut Milk Products market?
Key findings of the Coconut Milk Products market report:
· Analysis of each Coconut Milk Products market player as per its strengths, weaknesses, opportunities and threats.
· Analytical research of each Coconut Milk Products manufacturer, such as market share, regional footprint, and product innovations.
· Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
· Fluctuating preferences among consumers across various regions and countries.
· Individual company profile of prominent stakeholders.
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Why choose FMI?
· Consistent interaction with relevant local distributors, and service providers for precise industry-related data.
· Approach research scientists for innovative manufacturing processes.
· Our data base captures 1.2 Mn+ data points every year.
· AI-enabled business solutions to provide clients an edge over.
· Available 24/7.
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Vegan Pasta Market Healthy Pace throughout the Forecast during 2019-2029
With having published myriads of reports for global clients, Future Market Insights exhibits its expertise in the market research field. Our dedicated crew of professionals ride the wave of advanced technologies, such as artificial intelligence, and big data analytics, to project the adoption pattern and consumption trends regarding the market. A three-step quality check process - data collection, triangulation, and validation – is paramount while assuring the authenticity of the information captured.
Global Vegan Pasta Market Report
The latest business intelligence study by FMI suggests that the global market size of Vegan Pasta Market reached US$ 136 Mn in 2019 with a CAGR of ~ 9% from 2019 to 2029 (Forecast period). The research study focuses on the drivers, restraints, opportunities and trends impacting the Vegan Pasta Market.
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All the relevant vendors running in the Vegan Pasta Market are examined based on market share and product footprint. Key players include, Barilla Group, Ebro Foods, Inc., TreeHouse Foods Inc., Dakota Growers Pasta Company, De Cecco Company, Nestlé S.A, Delverde Industrie Alimentari S.p.a., RFM Corporation. The data associated with each market player includes:
· Company Profile
· Main Business Information
· SWOT Analysis
· Sales, Revenue, Price and Gross Margin
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Product-wise Segmentation Assessment:
· Penne
· Spaghetti
· Elbows
· Fettuccine & Linguine
· Filled Pasta
· Others (Angel Hair, Farfalle, etc.)
Source -wise Segmentation Assessment:
· Wheat
· Rice
· Legumes
· Buckwheat
· Oats
· Others (Fava Beans, Quinoa, etc.)
Regional Analysis
· North America
· Latin America
· Europe
· East Asia
· South Asia
· Oceania
· Middle East and Africa
The Vegan Pasta Market research also takes into account the important countries that hold significant share in the respective regions.
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What does the Vegan Pasta Market research holds for the readers?
· Market segmentation assessment, including qualitative and quantitative research depicting the impact of economic and non-economic factors.
· Breakdown of each Vegan Pasta Market player as per mergers & acquisitions, R&D projects, and product launches.
· Leading regions holding significant share in the global Vegan Pasta Market alongwith the key countries.
· One to one company profile of prominent stakeholders.
· Critical study of each Vegan Pasta Market manufacturer, such as market share, regional footprint, and product innovations.
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The Vegan Pasta Market research clears away the following queries:
1. Why region holds the largest share in the Vegan Pasta Market over the forecast period?
2. Why are stakeholders shifting away from conventional methods for manufacturing Vegan Pasta Market?
3. In which year, the global Vegan Pasta Market has the lowest Y-o-Y growth rate?
4. At what rate has the global Vegan Pasta Market been growing throughout the historic period 2014-2018?
5. By end use segment, which segment currently leads the global Vegan Pasta Market?
And many more…
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Unit Sales of Non-Dairy Creamer Market to Soar During the Forecast Period 2018 - 2028 Owing to Increased End-use Adoption
With having published myriads of reports for global clients, Future Market Insights exhibits its expertise in the market research field. Our dedicated crew of professionals ride the wave of advanced technologies, such as artificial intelligence, and big data analytics, to project the adoption pattern and consumption trends regarding the market. A three-step quality check process - data collection, triangulation, and validation – is paramount while assuring the authenticity of the information captured.
Global Non-Dairy Creamer Market Report
The latest business intelligence study by FMI suggests that the global market size of Non-Dairy Creamer Market reached US$ 2.3 Bn in 2019 with a CAGR of ~ 5% from 2019 to 2029 (Forecast period). The research study focuses on the drivers, restraints, opportunities and trends impacting the Non-Dairy Creamer Market.
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All the relevant vendors running in the Non-Dairy Creamer Market are examined based on market share and product footprint. Key players include, Nestlé S.A., TreeHouse Foods Inc. Company, The White Wave Foods Company, Custom Food Group, Compact Industries, Inc., DreamPak LLC, Stancodex Pvt. Ltd., Super Group Ltd., Viceroy Holland B.V., PT Santos Premium Krimer, Shandong Tianjiao Biotech Co. Ltd., Almer Malaysia Sdn. Bhd., FrieslandCampina Kievit BV, Fujian Jumbo Grand Food Co Ltd., Balchem Corporation, Frusela Ltd., Korn Thai Co. Ltd., Cremio JSC, CoreFX Ingredients, Rich's Products Corp., Califia Farms. The data associated with each market player includes:
· Company Profile
· Main Business Information
· SWOT Analysis
· Sales, Revenue, Price and Gross Margin
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Product-wise Segmentation Assessment:
· Original
· Light
· Fat-free
End Use Segmentation Assessment:
· HoReCa/Foodservice
· Food and Beverage Processing
o Food Premixes
o Soups and Sauces
o Beverage Mixes
· Coffee Mixes
· Tea Mixes
· Bakery Products and Ice Creams
· RTD Beverages
· Infant Food
· Prepared and Packaged Food
· Household/Retail
Regional Analysis
· North America
· Western Europe
· Eastern Europe
· Latin America
· APEJ
· Japan
· MEA
The Non-Dairy Creamer Market research also takes into account the important countries that hold significant share in the respective regions.
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What does the Non-Dairy Creamer Market research holds for the readers?
· Market segmentation assessment, including qualitative and quantitative research depicting the impact of economic and non-economic factors.
· Breakdown of each Non-Dairy Creamer Market player as per mergers & acquisitions, R&D projects, and product launches.
· Leading regions holding significant share in the global Non-Dairy Creamer Market alongwith the key countries.
· One to one company profile of prominent stakeholders.
· Critical study of each Non-Dairy Creamer Market manufacturer, such as market share, regional footprint, and product innovations.
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The Non-Dairy Creamer Market research clears away the following queries:
1. Why region holds the largest share in the Non-Dairy Creamer Market over the forecast period?
2. Why are stakeholders shifting away from conventional methods for manufacturing Non-Dairy Creamer Market?
3. In which year, the global Non-Dairy Creamer Market has the lowest Y-o-Y growth rate?
4. At what rate has the global Non-Dairy Creamer Market been growing throughout the historic period 2014-2018?
5. By end use segment, which segment currently leads the global Non-Dairy Creamer Market?
And many more…
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Demand for Non-Dairy Creamer Market to Surge in the Non-Dairy Creamer Market End-use Industry During the Forecast Period 2018 - 2028
Also known as tea or coffee whiteners, non-dairy creamers are granular or liquid products, that are commonly used as a substitute for milk or cream, in a number of beverages including hot chocolate, tea, and more. They are identified as being non-dairy owing to the fact that they do not contain lactose. However, some of these creamers may contain casein, which is also a milk protein.
Modern non-dairy creamers are being developed with additional flavors to meet the needs of the palates of a broader demographic. In addition, these products provide the advantage of having long shelf life, without the need for any refrigeration equipment.
The market for non-dairy creamers is being driven by strong demand from food and beverage processing industries in addition to frequent use in businesses belonging to the food service industry. Other major influencers to affect this market can include factors such as:
1. The culture of coffee consumption is rapidly growing in South East Asia and the Asia Pacific regions, which were previously known to have tea drinking populations. This trend has boosted the use of instant coffee mixtures, which commonly make use of non-dairy creamers to enhance the experience of the consumer. This is also supported by the increased production rates of non-dairy creamers in the region.
2. The easy production and high availability of non-dairy creamers has made this product a mainstream additive in a number of processed foods and beverages around the globe, including formulations such as soup premixes, ready-to-drink beverages, bakery products, and ice creams among others. The high availability has resulted in competitive pricing, which is further encouraging the growth of the market.
3. On the other hand, the global non-dairy creamer market is also set to face significant challenges in penetrating developing countries. This can be attributed to lack of awareness about these products in addition to the poor interest in trends such as veganism and dairy alternatives, which minimizes the use of non-dairy creamers in favor of conventional milk. However, this constraint is offset to an extent by fluctuations in milk prices.
Nearly 2 million metric tons of non-dairy creamers were consumed in 2018 totaling a market value worth US$ 2.3 billion. According to FMI’s latest study, fat-free, plant-based and organic are being received positively by consumers, encouraging manufacturers to experiment. These insights are according to a new research study by Future Market Insights (FMI).
The consumption of non-dairy creamer is expected to grow at 5% y-o-y in 2019. Key driving factors include,
Increasing prevalence of lactose intolerance condition across the globe
Growing use of non-dairy creamers as a substitute for milk or cream
Non-dairy products’ labeling lacks FDA classification
“The market for dairy products witnessed a strong competition from non-dairy alternatives in the past decade against the backdrop of increasing population of lactose intolerants. Consumer sentiments for health have led them to distinguish between their purchase of dairy and non-dairy products. In addition, non-dairy brands are leveraging the health consciousness of consumers to communicate the health benefits of non-dairy products. However, without FDA classification, consumers will remain bemused during their purchase, thereby impacting the future market growth,” says FMI.
Powdered Non-dairy Creamers Top Selling Category
The FMI study finds that powdered non-dairy creamer consumption remained higher in 2018 and accounted for over 78% of the total non-dairy creamer consumption. While the status-quo is expected to continue in the future, demand for liquid non-dairy creamer is expected to grow at 5% in 2019.
Powdered non-dairy creamer was the first entrant in the non-dairy creamer market and its popularity continue to rise till date. Manufacturers in the field of non-dairy creamer market have introduced several packaging and preservation technology advances to increase the shelf life and deliver a high-quality product to consumers.
Conventional Non-dairy Creamers Continue to Hold Higher Market Share
As per FMI valuation, the non-dairy creamer market is witnessing a gradual penetration of the ‘organic trend’. The study finds that consumption of conventional non-dairy creamers equaled nearly 94% of demand in 2018.
The projected rise in the consumption of organic non-dairy creamers can be attributed to consumer sentiments for natural or organic ingredients in the non-dairy products. However, a strong brand image created by non-dairy creamer manufacturers will continue to fuel the consumption of conventional non-dairy creamers in the future.
The non-dairy creamer marketplace has witnessed expanding product portfolio wherein manufacturers are shifting to introduce flavored non-dairy creamers. The business strategy is led by manufacturers’ awareness regarding increasing consumer palate for different flavors in non-dairy products.
The FMI study finds that French vanilla, chocolate, coconut, hazelnut and other flavors collectively accounted for over 55% of the total non-dairy creamer consumption in 2018. Original/unflavored non-dairy creamers accounted for the remaining 45% of the consumption.
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Fat-free Non-dairy Creamers Gaining Popularity
The non-dairy creamer market manufacturers offer product variants apart from original non-dairy creamers, such as light and fat-free variants. FMI shows that light and fat-free non-dairy creamers will collectively account for over two-fifth of the overall non-dairy creamer consumption in 2019. Consumption of the latter will grow over 5% in 2019, implying increasing consumer preference for fat-free food products.
While the popularity of new variants is increasing, consumption of non-dairy creamers with the original nutritional value will continue to account for a considerable share in the market.
Consumer Preference for Plant-based Non-dairy Creamers On the Rise
FMI thoroughly studied the consumer preference landscape wherein increasing demand for plant-based products was observed in the non-dairy creamer market also. According to the FMI study, consumption of plant-based non-dairy creamer (almond, coconut, soy, hemp and cashew) will grow at nearly 5% y-o-y in 2019. Vegetable oil-based non-dairy creamers have remained a traditional offering by manufacturers and account for a hefty bulk of the overall consumption.
Food and beverage processing industry remains a prominent end-user of non-dairy creamers. As per the study, over 45% of all the non-dairy creamers are expected to be consumed in the food and beverage processing industry. Buoyancy in the food and beverage processing industry will continue to ensure significant consumption of non-dairy creamer in the future, especially in the beverage mixes and coffee mixes.
Household/retail and Horeca/foodservice industries collectively accounted for the remaining non-dairy creamer consumption. The consumption trend is expected to grow at a significant rate in the coming years.
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Direct Distribution Most Preferred Channel
FMI studied different distribution channels of non-dairy creamer market including direct and indirect (hypermarket/supermarket, modern grocery stores, specialty store and online retail). The study opines that non-dairy creamers will be distributed directly as compared to other sales channels. However, distribution through indirect sales channel, especially hypermarkets/supermarkets and online retail will witness a steady rise in the coming years.
Demand for non-dairy creamers in bulk packaging is expected to remain higher as compared to the products available in retail stores in sachets, pouches, bags, canisters, plastic jars and bottles.
The FMI study opines significant consumption of non-dairy creamers in Europe. North America followed by Europe also registered a notable consumption in 2018, wherein they collectively accounted for nearly half the non-dairy creamer consumption.
The FMI report tracks the non-dairy creamer market for the period 2018-2028. According to the report, the non-dairy creamer market is projected to grow at 4.8% volume CAGR through 2028. For more insights, write into FMI analysts at [email protected]
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3D Cell Culture Market to represent a significant expansion at 9.9% CAGR by 2028
The 3D cell culture market revenues surpassed US$ 778 million in 2018, as per a new FMI study. The market is estimated to grow at 7.8% y-o-y in 2019; key factors responsible for the projected market growth include,
A steady rise in global research and development expenditure
Efforts to leverage the potential of 3D cell culture to replace animal model testing
Increasing demand for biosimilar products
Extensive application of stem cell research and a growing emphasis on regenerative medicine
“While 2D cell culture revolutionized the research efforts in stem cells, tissue engineering, and molecular biology, 3D cell culture has pushed the boundaries of traditional 2D cell culture technique with functional superiority. As the R&D efforts continue to rise in a bid to investigate the cause of different diseases and improve human health, 3D cell culture is set to remain a highly sought-after technique in the coming years,” says FMI.
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The FMI study finds that scaffold-based 3D cell culture techniques are highly preferred over scaffold-free 3D cell culture. Owing to the significant adoption of scaffold-based 3D cell culture, the study finds that this technique garnered over 81% of the global market revenues.
Scaffold-based 3D cell culture techniques deliver researchers with additional functional operations in terms of material – natural or synthetic and different mechanical properties.
The technique uses either hydrogel-based support or polymeric hard material based support. Both types of supports find equivalent penetration in terms of application, however revenues garnered from polymeric hard material based support are higher.
According to the study, revenues of polymeric hard material based support held over half the scaffold-based 3D cell culture technique revenues in 2018 and the trend is expected to continue in the future.
Application of 3D Cell Culture in Cancer Research Prominent
The FMI study estimates that 3D cell culture application in cancer research accounted for over 31% of the 3D cell culture market revenues in 2018. Cell culture is an integral part of cancer drug discovery practices. Greater strides are underway in the field to precisely characterize the diseases and develop advanced tumor cell lines using 3D cell culture techniques.
2D culture lines are considered as a standard for in vitro pre-clinical cancer treatment screening. However, more recently, the field is turning to 3D cell culture techniques to implement an ideal experimental model that mimics the human body environment to its best.
Stem cell technology is another lucrative field for 3D cell culture market. According to the FMI study, application in stem cell technology accounted for over one-fourth of the 3D cell culture market revenues in 2018. While 2D cell culture posed challenges of scalability in stem cell technology, apart from a few challenges, 3D cell culture has provided greater density and multi-fold expansion of the culture system in stem cell technology. Other fields that utilize 3D cell culture techniques are tissue regeneration, regenerative medicine, and drug discovery.
Biotechnology and Pharmaceutical Industries – Prominent End-Users
The study reveals that the biotechnology and pharmaceutical industries were accounted for over one-fifth of the global 3D cell culture market revenues in 2018. Buoyancy in the biotechnology and pharmaceutical industries can be profitable for the 3D cell culture market in the coming years and over 9% growth is projected in 2019 over 2019.
Academic research institutes are the second prominent end-users of 3D cell cultures wherein they accounted for over one-fourth of the global 3d cell culture revenues in 2018. Government funding in cancer research projects carried out at academic institutes and organizations has increased significantly, thereby supporting the investments in advanced technologies including 3D cell culture techniques.
Revenues in North America Continue to Surge
North America continued to spearhead the revenues of 3D cell culture market during the historical period and the status-quo is likely to continue in the future. In 2018, North America accounted for over two-fifths of the global 3D cell culture market revenues. The study estimates that regional revenues are expected to grow at 8% in 2019 over 2018.
Funding in research and development, especially in cancer research remains higher in the United States as compared to other developed countries. Europe also presents significant funding in R&D activities. The FMI study finds that over one-fourth of the 3D cell culture market revenues were accounted for the Europe region in 2018, of which a bulk of revenues come from Western European countries such as Germany, the UK, France, Italy and Spain.
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The FMI report tracks the 3D cell culture market for the period 2018-2028. According to the report, the 3D cell culture market is projected to grow at 9.9% CAGR through 2028.
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Antibiotic Susceptibility Testing Market to Witness Siginficant Incremental Opportunity During 2018-2028
Growing use of antibiotics in treating even the most common health conditions remains a strong factor boosting demand for antibiotic susceptibility testing (AST). Increasing government funds for microbial and antibiotic susceptibility testing research and consistently improving outcome of PPPs in terms of enhanced screening and evaluation of antibiotics are playing a pivotal role in strengthening the performance of antibiotic susceptibility testing market. CDC’s ‘AMR Challenge’ involving bioMérieux is a recently announced as objective to accelerate research efforts in the field of microbial resistance.
A recently published research intelligence on the global antibiotic susceptibility testing market by Future Market Insights tracks the top five influencers pushing demand and revenue growth of the market at a global level.
Infectious diseases, prevailing at a high pace
Increasing rate and tenure of hospitalization
Growing significance of early diagnostics
Soaring research interests in microbial susceptibility testing
Improving funding scenario for research, driven by governments & private bodies
Towards 2019, global revenue through total installed base of antibiotic susceptibility testing systems is likely to see 6.4% yearly growth over that achieved in 2018.
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Entry of Technologically Advanced AST Systems to Favor Market Growth
As indicated by research, the sales of antibiotic susceptibility testing equipment will witness healthy growth owing to increasing demand for specific susceptibility testing systems to define the scope of targeted therapy. Targeting key pathogens is imperative to design a highly specific plan of treatment for a particular patient, and antibiotic susceptibility testing systems efficiently allow researchers to achieve it within a significantly short timeline.
With FDA approving a considerable number of antibiotic and microbial susceptibility testing equipment, especially in the recent past, FMI forecasts an impressive installed base for antibiotic susceptibility testing systems in coming years. Advanced technology enabled antibiotic susceptibility testing equipment allows early diagnosis that in turn improves chances of developing targeted therapy earlier. One such recent advancement enjoying visibly growing traction in market includes oCelloScope. This antibiotic susceptibility testing equipment by BioSense Solutions is an optical susceptibility screening system with the capability to deliver real-time, time-lapse imaging of multiple microbial combinations, simultaneously.
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Recently, Thermo Fisher Scientific, Inc. and Becton, Dickinson and Company received FDA approvals for their new launches in antibiotic susceptibility testing space. Moreover, FDA passed an approval to a susceptibility testing device by bioMérieux that has an expanded capability to identify a particular pathogen.
Research in Screening of High Pathogen Concentration Samples to Propel Demand for AST
The process of spotting a specific set of genes responsible for antibiotic resistance is highly complicated when it comes to handling the complexities associated with samples that have high concentration of pathogens. Some of the highly desirable antibiotic susceptibility testing systems that allow direct-from-sample pathogen identification through high pathogen concentration samples, are thus likely to gain high traction in coming years.
Growing research efforts in the recognition of the presence of a specific set of antibiotic resistant genes can direct efforts for identification and selection of narrow-spectrum antibiotics, which remains among the most prominent factors pushing installed base of such antibiotic susceptibility testing equipment. A few recent launches in this segment include Genmark Diagnostics’ ePLEX Blood Culture ID Panel, Biomerieux’s BioFire FilmArray, and Luminex Corp.’s Verigene Bloodstream Infection Panel.
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The report also sheds light on the increasing role of Ecommerce in the market by boosting the availability of antibiotic susceptibility testing systems. Offering improved access to susceptibility testing devices by industry’s leading brands, online retail operators have been attracting prominent vendors in the global antibiotic susceptibility testing market. A number of vendors dealing in antibiotic susceptibility testing equipment are opting for devices that are available online owing to the significantly reduced costs and additional discounts on price.
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Foaming Creamer Market to represent a significant expansion at 3.6% CAGR by 2028
While the coffee market has seen substantial growth in the recent past, coffee additives such as foaming creamers have also been witnessing significant consumption. According to a new intelligence outlook presented by Future Market Insights, the global demand for foaming creamers is anticipated to experience moderate growth over coming years – prominently driven by the expanding coffee market. Especially in Europe and the US.
“Rapidly growing popularity of the enhanced beverage appearance and taste that foaming creamer accounts for, will remain a primary booster to the revenue growth of foaming creamer landscape. However, the widening commercial applicability of foaming creamer is cited as a more significant impact factor associated with their demand growth in the near future,” says a senior research analyst at FMI.
Gourmet Coffee Remains a Primary Push Factor
Around 59% people based in the US prefer to consume gourmet coffee, daily, as indicated by the US National Coffee Association. Similarly, the liking for gourmet coffee is increasing in other regions as well - subsequently elevating the incorporation of foaming creamer in coffee mixes.
As gourmet coffee prominently trends the millennial population, visibly rising millennial preference for café-style foamed coffee is providing a push to foaming creamer demand. Moreover, growing product innovation in the instant beverages/drinks category, coupled with widespread availability of instant or ready-to-drink (RTD) beverage mixes is likely to pave the way for parallel growth in foaming creamer sales.
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Non-dairy Foaming Creamer to Emerge Lucrative, Riding on the Price Benefit
In the backdrop of volatile milk prices post 2016, dairy products manufacturers have been facing the challenges posed by reduced pricing. On the flipside, manufacturers of non-dairy based products continue to capitalize on the relatively stable pricing scenario owing to the stability of the raw material prices. With an expanding consumer population turning to non-dairy, vegan products, it is more likely that non-dairy foaming creamer would discover an improved scope of sales in coming years.
Increasing awareness about the potential health benefits of a vegan lifestyle and the availability of a wide range of dairy alternatives/non-dairy products suitable for the same, will reportedly assist the demand for non-dairy foaming creamer over its dairy-based counterpart. A number of manufacturers of dairy-free foaming creamers are thus likely to strategize on the raw material experimentation.
While both dairy and non-dairy foaming creamers are extensively consumed in commercial applications for preparation of instant beverage mixes, such as coffee-based mixes, milk tea mixes, and cocoa-based mixes, the report also points to surging usage of foaming creamers in dietary supplements such as protein shake powders.
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HoReCa & Food Processing Sectors Contribute Significantly to Market Growth
Steadily increasing cold water-soluble foaming creamer consumption by the foodservice sector is identified to be another strong factor contributing to the growth of foaming creamer marker. The analyst explains, “A majority of operators in food processing and foodservice sectors are adopting foaming creamers in sizeable volumes in an effort to eliminate the need for additional manual labor, or foaming equipment, or machinery – saving on the overall production costs. Foodservice or HoReCa sector and food processing entities are thus playing a vital role in supporting the revenue growth of foaming creamer landscape”.
As revealed by the competition tracking, major manufacturers of foaming creamers are projected to invest strategic efforts in penetration into the Southeast Asian region that traditionally has been a tea consuming territory and is gradually developing a preference for foamed coffee. Middle Eastern and Asian countries are also positioned as attractive investment pockets for foaming creamer manufacturers, according to the report.
For exclusive insights on the various facets of the global foaming creamer market over 2018-2028, and to gain additional information, feel free to write to the team of expert market research analysts at [email protected]
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Advanced Wound Management Market to Hold a High Potential for Growth by 2028
A new study by the company titled ‘Advanced Wound Management Market: Global Industry Analysis 2007-2017 and Opportunity Assessment 2018-2028‘ lists key strategies employed by companies involved in advanced wound management to stay sustainably profitable in the long run in the market. North America is the prime region for advanced wound management products as healthcare practitioners now prefer advanced wound management products over traditional products in the region. APEC advanced wound management market is expected to grow due to rising patient pool and rising geriatric population in major economies, such as Japan. Increasing demand, availability of cost-effective treatment options and rising spending on healthcare in developing regions are some of the important factors creating a robust platform for the growth of the advanced wound management market.
Advanced wound management market report reveals that as compared to traditional wound management products, advanced wound management products are specially designed for the treatment of complex wounds. They perform various functions, such as maintaining a stable temperature around the wound, allowing oxygen flow, protecting the wound from infection, removal of dead tissues and relieving pain during dressing changes. Advanced wound management involves silver based product which is a very effective modality for prevention or treatment of infection caused due to various bacteria, viruses, fungi and molds. It has very few side effects and is thus, finding space in advanced wound management products. That apart, biological wound products helps to treat multiple complex wounds in an effective manner.
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Growing awareness regarding personal health and hygiene is also expected to boost the demand for advanced wound management products. Patients have become aware and pro-active about their health and are willing to seek physicians’ advice at an early stage. Also, growth in per capita disposable income is further encouraging people to spend more on their health-related needs.
Health care providers and physicians in developing regions are reluctant to adopt advanced wound management products. It has also been observed that the adoption rate of advanced wound management products in Europe is low as compared to the U.S. High cost of advanced wound management therapy has been the essential factor for the reluctance of physicians to adopt these technologies.
There are various bioengineered skin products available in the advanced wound management market; however, the cost analysis of these products reveals that a normal dressing costs around US$ 3.25 whereas bioengineered skin products costs around US$ 650. Due to the significant difference in cost, patients and healthcare providers are reluctant to adopt advanced wound management products. This has resulted in stagnant sale of novel technologies, especially those that haven’t seen enough advertisements or public knowledge.
Advanced wound management products face still competition from traditional wound care products. Advanced wound management product include products ranging from advanced wound dressings and wound contact layers to superabsorbent dressings and negative pressure wound therapy devices.
Hospitals, clinics, ambulatory surgical centers, skilled nursing facilities and other facilities are the primary point of contact for patients needing such advanced wound management products.
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The advanced wound management market is a lucrative market. Regions, such as APEC and China, still enjoy relevance and dominance of local players. These local players, as a matter of fact, are also affecting the growth of the advanced wound management market in the region. However, the global advanced wound management market is consolidated in nature, with key players enjoying significant position in the advanced wound management market. Some of the key companies present in the advanced wound management market and included in this study are B. Braun Melsungen AG, Mölnlycke Health Care, ConvaTec Group plc., Coloplast A/S, SIGVARIS, Acelity L.P. Inc., 3M, BSN Medical, Ethicon Inc., Medline Industries, Inc. and Smith & Nephew PLC.
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Research report explores the Dental Hygiene Devices Market will grow at 4.9% CAGR by 2028
Prominently operated by Colgate-Palmolive Company, Glaxo Smith Kline plc, Johnson & Johnson, P&G, Unilever plc, and Dentsply Sirona, the dental hygiene devices landscape is currently witnessing dominance of toothbrush sales. In recent years, the dramatic growth of the E-commerce sector is translating into elevating online sales of dental hygiene devices, which is posing strong competition facing the retail pharmacy segment.
Toothbrush Records Highest Sale, Online Retail Firms up
A recent market research study by Future Market Insights provides exclusive insights on the current and prospective performance of global dental hygiene devices market, in terms of sales volume as well as revenue.
“The report categorizes dental hygiene devices landscape into the toothbrush, scalers, polishing devices, and others on the basis of product type. Toothbrush has been the top-selling product in global dental hygiene devices landscape, attributed to widespread availability, extensive selection range, broad price range, and frequent innovation,” explains a senior research analyst at FMI.
Currently, toothbrush sales account for almost 60% of the total market revenue, whereas the report indicates that dental scalers and dental polishing devices are gradually gaining ground. The study projects over 5% year over year revenue growth for the latter two in 2019 and ahead.
Retail pharmacies will remain the largest revenue generating channel of distribution in dental hygiene devices market. Whereas, online pharmacies are slated to present promising investment opportunities to dental hygiene devices manufacturers. The report projects that revenue generated through online retail would cross the US$ 1 billion mark in the next 3-4 years.
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Key Dynamics Prompt at Rising Oral Care Concerns
The global dental hygiene devices market is low-value high-volume landscape, which remains the key factor that dampens investment. While baby boomers have been referred to as the primary consumers of dental hygiene devices, a growing percentage of juvenile and millennial people afflicted with one or more oral health problems points to the widening prospects of dental hygiene devices in coming years.
Increasing dental disease prevalence, coupled with the increasingly sophisticating infrastructure of dental care across developing regions, is predominantly responsible for improving the scope of dental hygiene devices penetration. Dental caries, periodontal conditions, and oral cancer mark some of the most significant concerns related to oral healthcare, among the population.
“OTC (over-the-counter) nature of a majority of dental hygiene devices remains one of the key factors positively influencing their widespread availability and sales,” says the FMI analyst.
Adding further to it on the potential market growth barriers, the analyst says, “As dental disorders are often non-life threatening, a notable portion of the patient population tends to initially prefer alternative treatments over dental hygiene devices. Price pressure and poor RoI are identified to be longstanding challenges for manufacturers of dental hygiene devices to initiate large scale investment projects”.
Asian Economies Create an Attractive Investment Pocket
The report sheds light on all the aspects related to worldwide demand for dental hygiene devices and offers insights on the growth prospects projected for global dental hygiene devices market through the next few years. The report forecasts steady yet moderate yearly revenue growth of 4.7% in 2019, and around 1/3rd of the total market value is poised to be accounted for by the Asia Pacific. North America and Western Europe are likely to hold a collective share of more than a third of the global market value.
APAC and Latin America are poised to remain highly lucrative regional markets for manufacturers of dental hygiene devices owing to consistently increasing demand for dental treatments in these regions.
Although the widening patient pool is driving the steady demand for dental hygiene devices, a sizeable population based in developing countries is still undiagnosed and untreated. FMI research points to the presence of several untapped opportunities in a massive untreated population and thereby highlights high attractiveness of emerging regional markets for dental hygiene devices manufacturers.
Besides frequent product innovations, key players in the global dental hygiene devices market maintain their strategic focus on the enhancement of distribution channel by strengthening existing marketing efforts across Asian markets, particularly in India, Singapore, and Malaysia.
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Toothpaste Innovations Account for a Trending Wave
The report suggests that strategic collaborations, new product launches, and geographical expansion remain the highlights of developmental strategies adopted by key companies operating in dental hygiene devices landscape. Electric/battery-operated toothbrush innovations continue to shape new launch strategies of a majority of companies, whereas most of the market leaders are focusing on introducing novel toothpaste ranges specific to various oral care demands.
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Motorcycle Chain Sprocket Market to represent a significant expansion at 6% CAGR by 2027
Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.
Moreover, apart from ease of installations and servicing, lightweight feature of the chain sprockets will remain the most rewarding factor, thereby, increasing its installations in motorcycles. FMI forecasts that global motorcycle chain sprocket market revenues will reach approximately US$ 1.9 Billion, by 2019-end. The size of the market is based on estimates of the number of chain sprockets shipped, during the same time period.
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“The global market for motorcycle chain sprocket continues to grow with increasing product and sales of motorcycle specifically in emerging markets, paradigm shift towards light weight vehicle components to control the automobile emission and increase the vehicle life, and flourishing aftermarket for motorcycle chain sprocket determined by factors, such as distance driven, number of vehicles in operation, and ownership time” Senior Analyst, FMI.
However, several government initiatives such as the introduction of electric bikes—aimed at controlling vehicular pollution, could substantially restrict the demand for conventional motorcycles, and thereby chain sprockets used in such vehicles. China, being one of the largest markets for two-wheelers is aggressively promoting electric bikes for transportation, considering its low cost, energy efficient, emission-free systems, and no license and registration.
Tax on luxury items has considerably increased in some markets of Asia Pacific, such as India. The Indian government has increased the tax to 31 percent on conventional motorcycles with engines greater than 350cc, which in turn could slow down the sales of luxury and heavy engine capacity conventional motorcycles. Furthermore, Singapore has adopted a new system of additional registration fees (ARF), which will add more costs to conventional motorcycles and therefore, render them expensive, leading to a decrease in the sales of conventional motorcycles and adversely affect the motorcycle chain sprockets market.
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The top 8 companies in the global motorcycle chain sprocket market are estimated to hold approximately 16-21 percent of the overall market in terms of value.
Tsubakimoto Chain Co., Regina Catene Calibrate Spa, Jomthai Asahi Co.,Ltd, L.G.Balakrishnan & Bros Ltd., and Rockman Industries Ltd. are some of the leading global and local manufacturers of motorcycle chain sprockets.
While the tier-1 and tier-2 companies generate over US$ 50 Mn and between US$ 20 Mn to US$ 50 Mn through the sales of motorcycle chain sprocket, respectively, the tier-3 companies generate less than US$ 20 Mn, as per the report.
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Focus remains on manufacturing low maintenance and high efficiency motorcycle chain sprocket to improve the overall functioning and life of drive chain.
Manufacturers are focusing on entering into long-term supply contracts with OEM of two wheelers in order to gain a strong hold in the domestic markets of APEC.
Apart from expanding its product portfolio, manufacturers of motorcycle chain sprockets are also focusing in expanding their production or sales capacities in developing regions.
FMI predicts heavy investments in research and development initiatives to bring innovation in the manufacturing processes to develop differentiated products.
Regionally, developing regions are expected to remain highly lucrative for new market entrants given the easy availability of raw materials and minimal infrastructure requirements combined with lack of stringent government regulations, thereby creating a favorable investment environment.
Apart from key market influencing dynamics and competitive landscape, FMI also offers an in-depth segmental analysis—on the basis of motorcycle type (standard, cruiser sports, and mopeds and others), engine capacity (up to 150 cc, 151-300 cc, 301-500 cc, and above 500 cc), chain type (standard rolling chain, O ring chain, and X ring chain), and sales channel (OEM and Aftermarket). For detailed insights on the segmental analysis, connect with us at [email protected]
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