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Chitosan Market Set to Reaching US$ 5,112.14 Million by 2033 | Future Market Insights, Inc.

The global chitosan market is expected to reach a valuation of US$ 1,343.2 million in 2023, accelerating with a CAGR of 14.3% from 2023 to 2033. The demand for chitosan is likely to surpass US$ 5,112.14 million by 2033. 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.

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.

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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.

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

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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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Sales Coaching Software Market Paves the Way for US$ 88.7 Billion Surge, Projected 6.4% CAGR by 2032

The sales coaching software market is expected to grow at a 6.4% CAGR from 2022 to 2032, rising from US$ 47.6 billion in 2022 to a valuation of US$ 88.7 Billion by 2032. From 2021 to 2022, the industry is expected to grow by 8.4% year on year, surpassing its previous valuation of US$ 443.9 billion.

The acquisition and implementation of technology have proven to be the simplest component of the sales equation. Using AI and the advancement of technology, coaching can provide a scalable yet personalized approach that ends up developing sales capabilities rather than just supporting individual deals, allowing for progress tracking and helping to cascade best practices from top reps.

The key to developing organizational skills is to provide formal and informal learning methods in a variety of delivery modes and formats. A technology solution enables sellers to access learning in the manner that best suits their learning preferences.

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While technology and systems are easily made available, and even implemented, improving performance is more urgently dependent on what is delivered. This has been proven to be the easiest way to improve sales in the market.

Key Takeaways from the Sales Coaching Software Market report:

Cloud-based sales coaching software to grow at a CAGR of 6.1% during the forecast period
U.S. market sales coaching software is forecast to reach US$ 31.5 Billion by the end of the forecast period, growing at a CAGR of 6.2%.
Growing numbers of IT businesses are expected to expand in China throughout 2022-2032 growing at a CAGR of 5.9%.
Deployment across large enterprises to be maximum, growing at a 5.8% CAGR
With the increasing adoption of CRM software in Japan, the market will grow at a CAGR of 5.2% over the forecast period.

Competitive Landscape:

As new sales coaching software technologies are introduced, end-users will benefit from the introduction of new technologies. The ability to expand a company’s operational capabilities is one of the potential benefits of forming a strategic partnership. Businesses that use smart and dynamic sales coaching software to reduce security breaches and data losses in the market.
In May 2022, Mubadala announced that it had made an investment in SalesLoft, a global leader in providing the most comprehensive sales engagement platform, partnering with Vista Equity Partners, a leading global investment firm focused only on enterprise software, data, and technology-enabled businesses. Investing in the company results in an increase in valuation, capital, and partnership to accelerate the company’s development and growth trajectory.
In August 2021, Bigtincan (BLTC) announced plans to raise US$ 135.3 Million in extra funding to purchase the U.S. sales coaching business Brainshark Inc. With the purchase of Brainshark, the ASX-listed company will be able to create a combined business with an ARR of US$ 119 Million and 100% ownership of the business.

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More Valuable Insights Available:
Future Market Insights, in its new offering, presents an unbiased analysis of the global sales coaching software market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by type (cloud-based and web-based), and by application (large enterprises and SMEs), across five major regions (North America, Europe, Asia Pacific, Middle East, and Africa and Latin America).

Sales Coaching Software Market Segmentation:

By Type:

Cloud-based Sales Coaching Software
Web-based Sales Coaching Software

By Application:

Sales Coaching Software for Large Enterprises
Sales Coaching Software for SMEs

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI):

Contact Us:

Nandini Singh Sawlani

Vegan Protein Bars Market Strategic Growth & Forecast Analysis – 2023-2033

The vegan protein bars market is expected to reach US$ 757.5 million by 2023. According to Future Market Insights’ estimates, the market is likely to generate US$ 3.965.7 million between 2023 and 2033, representing a compound annual growth rate of 18%.

The popularity of vegetarian and plant-based diets has increased over the past decade. Several factors have influenced these dietary changes, including concerns for animal welfare, environmental sustainability, and personal health. A growing number of consumers are turning to plant-based options, which is driving the demand for vegan protein bars.

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Consumers are increasingly seeking nutritious and functional foods, which has led to substantial growth in the health and wellness industry. For those looking to maintain an active lifestyle or support their fitness goals, vegan protein bars can provide a convenient and healthy snack option.

Sustainable food choices are becoming more popular among consumers, who are becoming aware of how their food choices impact the environment. Protein bars made from plant-based ingredients usually have a lower carbon footprint than those made from animal proteins. Customers who are environmentally conscious may be attracted to this eco-friendly aspect of the product.

Key Takeaways from the Market Study

Based on the report, the vegan protein bars market exhibited a positive growth trajectory of 3.1% between 2018 and 2022.
The growing awareness about the benefits of soy has been a catalyst for the growth of soy-based vegan protein bars in the market. It is estimated that the market will possess a market share of 34.70% during the forecast period.
In the coming years, vegan protein bars are expected to capture 23.5% of the market share in the United States.
Health and wellness have experienced a significant growth rate in recent years, with a market share expected to reach 25.10% by 2033.
Over the period of 2023 to 2033, the Indian market is estimated to hold a market share of 17.4%.
According to forecasts, German vegan protein bars will hold 14.5% of the market share.
Conventional vegan protein bars is expected to hold 87.70% of the market share

Competitive Landscape

Globally, national and international companies primarily produce vegan protein bars. Manufacturers of food and beverages offer a wide selection of protein bars to satisfy consumers’ diverse tastes and appetites. The company offers vegan protein bars, organics, and natural food products to meet the needs of vegan food manufacturers. As well as producing vegan protein bars, producers run smaller operations and export many products.

In May 2023, Beyond vegan shakes, Malaysian brand Metier Food tantalises with new dairy-free protein bars and tempeh chips. Heal Breakfast Protein Bars are among the new products offered by Metier Food’s flagship Heal Nutrition brand. Chocolate Crunch and Fruity Raspberry protein bars are dairy-free and lactose-free.
In July 2023, MadeGood introduced Blueberry, Chocolate Chip, and Cinnamon Bun MadeGood Mornings Soft Baked Oat Bars, the company’s first breakfast product. They are all vegan and gluten-free, free of common allergens, and made from organic and non-GMO ingredients.

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Know More about What the vegan protein bars Market Report Covers

Future Market Insights offers an unbiased analysis of the global vegan protein bars market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the vegan protein bars market, the market is segmented based on nature, flavor, ingredient, and distribution channel industry type across seven major regions.

Vegan Protein Bars Market Segmentation

By Nature:

Organic
Conventional

By Flavor:

Chocolate-Vanilla
Chocolate-Caramel
Peanut Butter
Cherry Cashew
Fruit & Nut
Hazelnuts
Others

By Ingredient Type:

Soy
Pea
Nuts
Hemp
Others

By Distribution Channel:

Convenience Stores
Hypermarkets/Supermarkets
Traditional Grocery Stores
Drug Stores & Pharmacies
Health & Wellness Stores
Online Retailing

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia & Pacific
East Asia
Middle East & Africa

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About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cold-Pressed Oil Market is likely to Reach a Valuation of US$ 38,426.4 million by 2034| Future Market Insights Inc.

The global cold-pressed oil market share is expected to reach a valuation of US$ 23,431.5 million in 2024. The market is further projected to develop at a CAGR of 5.10% from 2024 to 2034, totaling around US$ 38,426.4 million by the end of 2034. Due to a greater understanding of health and well-being, consumers’ eating habits and nutritional patterns have changed. The demand for cold-pressed oil is rising, as a result, it is anticipated to lead to an increase in sales of cold-pressed oil in the market throughout the forecasted period.

Cold-pressed oils are extracted from vegetables, nuts, and seeds using gentle pressure so they are not subjected to heat. This nutritious and health-friendly manufacturing process has further boosted its demand among the general population. The population is gradually becoming more health-conscious since the pandemic hit the world.

The growing adoption of cold-pressed oil in the booming cosmetic and cosmeceutical sector is also contributing positively to the market. These oils, considered natural and organic alternatives, are used in formulations for skincare, haircare, and personal care products.

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Consumers are urging food companies to increase the transparency of their products, going past ingredients, free-from status, and nutritional levels. Due to this, the sales of cold-pressed oil are likely to rise by end-users.

Thus, with increasing demand for cold-pressed oil, several food product manufacturers are using ingredients to increase the overall quality and nutritional level of their final product which is anticipated to boost the cold-pressed oil market size.

In addition to this, demand for cold-pressed oil along with demand for functional food products is also significantly increasing around the globe. This growing demand is leveraging the growth of cold-pressed oil, fortified edible oil and seed oils over the forecast period.

Key Takeaways from Market Study

The cold-pressed oil market growth is expected to expand at a CAGR of 5.2% and 7.4% in Latin America and the Middle East & Africa, respectively through 2032.
Among the type segment, palm oil is dominating the cold-pressed oil market trends holding more than 18% share in 2022 and it is expected to grow with a CAGR of 2.8% over the forecast period.
Among the application segment, the food industry is dominating the cold-pressed oil market size holding more than 50% share in 2022 and it is expected to grow with significant CAGR of 3.6% over the forecast period.
The B2B is dominating the distribution channel segment holding around 70% share in 2022 and it is expected to grow with CAGR of 3.6% which is likely to rise the sales of cold-pressed oil during the forecast period.

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Competitive Landscape

The key players involved in the cold–pressed oil market statistics to strengthen their research and development activities to increase the yield and improve extraction technology which is offering significant growth opportunities for the overall cold–pressed oil market trends.

In addition to this, understanding the growing demand for cold–pressed oil several key players in the oil market are entering the cold – pressed oil market by introducing their cold-pressed oil range of products.

For Instance

In September 2020, Dabur which is one of India’s prominent natural health care companies entered the edible oil segment by introducing their cold-pressed mustard oil.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global cold-pressed oils market key trends & opportunities, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on application (food industry, agriculture, cosmetics and personal care industry), type (cottonseed oil, rapeseed oil, palm oil, peanut oil, coconut oil, olive oil, palm kernel oil, soybean oil, sunflower seed oil) and sales channel (B2B, B2C (hypermarkets/supermarkets, convenience stores, speciality stores, retail store, online retail) across seven major regions of the world.

Cold-Pressed Oil Market by Category

By Application :

Food Industry
Cosmetics and Personal Care Industry
Agriculture

By Type :

Peanut Oil
Coconut Oil
Rapeseed Oil
Cottonseed Oil
Soybean Oil
Olive Oil
Palm Oil
Sunflower Seed Oil
Palm Kernel Oil

By Distribution Channel :

B2B
B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Retail Stores
- Online Retail

By Region :

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

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About Future Market Insights (FMI)

Contact Us:

Salesforce CRM Document Generation Software Market Predicted to Reach US$ 2.5 Billion by 2032, Growing at 10.6% CAGR

The salesforce CRM document generation software market is expected to increase at a CAGR of 10.6% through 2032, from US$ 893 million in 2022 to US$ 2.5 Billion in 2032.

Over the projected period, the rising demand for automated document generation is expected to increase demand for salesforce CRM document generation software and is expected to positively influence the salesforce CRM document generation software market trends.

With the rise of digitization and internet penetration in the social and corporate spaces in recent years, company operations have become increasingly complicated thereby widening the salesforce CRM document generation software market opportunities.

The company is progressively concentrating on providing more dependable, secure, and appropriate service to its consumers to win their trust and drive the company’s growth expected to boost the salesforce CRM document generation software market statistics. Customers connect with enterprises mostly through sales or inquiries.

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Due to the comparable functions and operational viability, it offers to both large organizations and SMEs, as IT technology has evolved, numerous businesses have sought to merge the capabilities of CRM and document management systems into one component. These are considered to be some of the vital factors enlarging the salesforce CRM document generation software market size.

Over the projected period, the rising demand for automated document generation is expected to increase demand for Salesforce CRM document generation software and Salesforce CRM document generation software market opportunities.

With the introduction of capable cloud management solutions, IT technology has advanced with the capacity to encrypt, store, and retrieve client data with ease from remote places, reducing documentation time and assisting the demand for document creation across corporate activities.

The biggest salesforce CRM document generation software market share was held by large enterprises. Large enterprises include anything from sole proprietorships to multinational firms with thousands of employees spread across many countries.

The growing importance of CRM documentation is likely to fuel salesforce CRM document generation software market expansion.

Key Takeaways from the Salesforce CRM Document Generation Software Market Report:

The salesforce CRM document generation software market in the United States is expected to reach US$ 874.3 Million by 2032, growing at a CAGR of 10.4% through 2032.
By 2032, the UK’s salesforce CRM document generation software market is predicted to be valued at US$ 102.5 Million through 2032, with a CAGR of 9.6% through 2032.
South Korea is expected to reach a salesforce CRM document generation software market size of US$ 87 Million by 2032, with a CAGR of 9% through 2032.
With a CAGR of 10.1% through 2032, China’s salesforce CRM document generation software market is predicted to reach US$ 170.8 Million by 2032.
The market for salesforce CRM document generation software in Japan is expected to be worth US$ 146.9 Million by 2032, with a CAGR of 9.7% through 2032.
The cloud-based category in the type sector of the salesforce CRM document generation software market is expected to grow at a CAGR of 10.5% through 2032.
The large enterprises in the application segment of the salesforce CRM document generation software market are increasing at a CAGR of 10.0% through 2032.

Competitive Landscape:
Salesforce CRM document generation software market growth, escalation in salesforce CRM document generation software market share, salesforce CRM document generation software market adoption trends, and major market strategies are all included in this report.

Our salesforce CRM document generation software market study also includes a part dedicated only to such large firms, in which our experts present an overview of all of the main players’ financial statements, as well as product benchmarking and SWOT analysis for salesforce CRM document generation software market outlook.

Leading Key Players:

Conga
Nintex
SpringCM
DealHub
WebMerge

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Salesforce CRM Document Generation Software Market Segmentation:

By Type:

Cloud-Based
On-Premises

By Application:

Large Enterprises
SMEs

By Region:

North America
Europe
Middle East & Africa
Asia Pacific
Latin America

About Future Market Insights (FMI):

Contact Us:

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Frozen Desserts Market Set to Grow: Projected Expansion at a 5.8% CAGR by 2032| Future Market Insights, Inc.

The global frozen desserts market is set to witness growth at a CAGR of 5.8% and is anticipated to reach a valuation of around US$ 176 Bn by 2032.

Rising trend of consuming frozen desserts after a meal as a digestive aid has driven the desserts market. On a larger scale, climate change is another issue that is anticipated to drive demand for frozen desserts like ice creams and frozen yogurts.

Increasing demand for organic desserts due to various health benefits associated with them such as low-fat and low-sugar content is anticipated to drive the market in the forecast period. Rising number of supermarkets or hypermarkets across the globe is also set to push sales of frozen desserts as these stores provide discounts from time to time.

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However, growing health concerns among people may hamper the market in the next decade. As per the World Health Organization (WHO), around 422 million people worldwide have diabetes and the number is expected to reach 600 million in the next two decades. Thus, consumers are looking for vegan, low-calorie, and dairy-free alternatives, which may hinder the market.

But, due to growing popularity of organic frozen desserts, several companies are aiming to broaden their product portfolios in this category. In May 2021, for instance, New York-based KIND Healthy Snacks (KIND) launched KIND FROZEN Pints, its new creamy, plant-based frozen treat range with 4-6g of protein per serving.

Key Takeaways: Frozen Desserts Market

The global frozen desserts market is anticipated to reach a valuation of around US$ 100.1 Bn by 2022.
By product type, the ice cream segment is anticipated to account for around 50% of the global frozen desserts market share over the forecast period.
The U.S. frozen desserts market is expected to generate the lion’s share with rising demand for low-fat and healthy desserts.
Sugar free frozen desserts to emerge as a lucrative category among consumers in the upcoming decade.
The China frozen desserts market is set to exhibit steady growth on the back of surging number of ice cream parlors in the country.

“Rising demand for gluten free and low-fat desserts is set to augment growth in the frozen desserts market during the evaluation period,” says a Future Market Insights analyst.

Competitive Landscape: Frozen Desserts Market

The frozen desserts market is highly fragmented with the presence of both domestic and international players such as Unilever, Nestle, and General Mills among others. Top players are focusing on entering emerging markets by expanding their product portfolios to meet the surging consumer demand for various types of desserts, including ice creams.

Some of the other players are competing on the basis of product offerings, taste, flavors, quality, price, packaging, size, functionality, and promotional activities to gain a competitive advantage in the frozen desserts market.

For instance,

In April 2022, KLIMON, a dairy-free frozen dessert producer, launched 100% plant-based, almond-based, and dairy-free frozen dessert pints in 5 innovative flavors at select Walmart locations across the U.S.
In January 2022, Mondelez International, Inc., an American food manufacturer, introduced its latest range of frozen treats under the Oreo brand. The new range includes Oreo tubs, sandwiches, cones, and bars.

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Explore More Valuable Insights on Frozen Desserts Market

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

The study offers compelling insights based on product type (ice cream, frozen yogurt, frozen cake, and other product type), category (conventional and sugar free), and sales channel (offline sales channel [supermarkets/hypermarkets, departmental stores, convenience store, and other sales channel] and online sales channel [company website and e-commerce platform]) across seven major regions of the world.

Frozen Desserts Market Outlook by Category

By Product Type:

Ice Cream
Frozen Yogurt
Frozen Cake
Other Product Type

By Category:

Conventional
Sugar Free

By Sales Channel:

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

By Region:

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

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Chickpea Market Size Rise at 6.9% CAGR by 2033, Value to Cross US$ 15,519.9 Million | Future Market Insights, Inc.

global chickpea market is anticipated to improve at a CAGR of 6.9%. Chickpea sales are anticipated to escalate from US$ 7,948.2 million in 2023 to US$ 15,519.9 million by 2033. Due to the numerous health advantages of legumes, the chickpea industry is predicted to expand quickly.

The main factor surging the growth of the chickpea protein market is customers’ growing preference for nutritious foods. People worldwide gravitate toward a more dependable, clean food source offering significant dietary benefits. Due to growing environmental consciousness, the appeal of meat alternatives, and the trend of veganism and vegetarianism, these lifestyles have been rapidly growing.

Due to the increased demand for plant-based foods and healthy snacks, the chickpea industry experienced consistent sales growth. The chickpea-based products market profited from the early change in customer tastes towards healthier, more sustainable solutions. The predicted mid and long-term growth was sketched out in this phase.

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Nourishing Future of The Market Driven by Government Initiatives

The government has taken strong measures to encourage the production and consumption of chickpea proteins, which have numerous health advantages, catalyzing the chickpea protein market growth. In line with this vision, European policymakers have put forth initiatives to promote the production and consumption of chickpeas and other plants high in protein.

This tactical choice is projected to result in a considerable increase in chickpea protein production, fueling significant chickpea market expansion afterward. These programs encourage sustainable food production and consumption while promoting healthier diets and economic opportunities in agriculture.

Chickpea’s Rise in Nutraceuticals Unveil Market Growth Opportunities

Since chickpeas are a plant-based protein, they are a healthier option for persons with chronic cardiovascular conditions. Consuming chickpea protein also helps to prevent hair loss and preserve healthy skin.

Due to all these health advantages, chickpeas are being more widely used in nutraceuticals, which is anticipated to lead to multiple potential for chickpea market expansion. In addition, chickpea protein is renowned for playing a crucial part in controlling blood sugar, particularly in those with type 2 diabetes. Chickpeas are crucial for managing diabetes.

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Chickpea Protein’s Hidden Woes

With a broad profile of necessary components, chickpea protein powder boasts substantial nutritional advantages. Due to its possible negative effects, its chickpea protein ingredients market expansion confronts difficulties. Consuming excess chickpea protein and its constituent parts can cause serious digestive issues and even damage the digestive tract.

This may cause unpleasant side effects, including acidity and bloating, which can prevent the widespread use of goods containing chickpea protein. Careful moderation and awareness of these adverse effects are necessary to completely reap the benefits of chickpea protein while reducing any negatives.

Regional Outlook

The global chickpea market has a bright geographical outlook, with consistent growth projected on several continents. Chickpeas remain a staple food in Asia, particularly in India and Pakistan, supporting a healthy demand. In regional foods like hummus and falafel, chickpeas are used often in the Middle East and North Africa.

The chickpea protein market is growing in North America as the acceptance of plant-based diets rises. Consumption of chickpeas as a protein source and component in different cuisines is on the rise in Europe. Chickpeas’ variety and health advantages contribute to the chickpea market potential, and expansion is envisaged.

“The chickpea business exhibits potential growth due to rising consumer demand for plant-based protein sources. Consumption is being driven by rising health-consciousness and nutritional choices. However, supply fluctuation and weather-induced problems pose difficulties. The chickpea protein market appears to be optimistic, with ample space for expansion if supply chain issues can be adequately handled.” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Key Takeaways

The desi segment in the product type category to grab a share of 63.8% through 2033.
The United States industry to grab a share of 3.3% by 2033.
Canada to hold a market share of 3.2% by 2033.
Germany is going to dictate 1.0% of the global market by 2033.
By 2033, China may possess 5% of the global market
Australia is anticipated to hold a 0.6% market share by 2033.
By 2033, Japan’s market is going to latch a 1.3% share.

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Competitive Landscape

To fulfill the rising demand for chickpeas worldwide, chickpea manufacturers primarily concentrate on boosting production per hectare for farmed land and developing innovative harvesting methods. The manufacture of good export-quality chickpeas is another goal for leading chickpea manufacturers.

Recent Advancements

A novel chickpea protein isolate for making plant-based ice cream was unveiled in December 2022 by the food technology business ChickP Protein. To make a prototype ice cream using the protein mentioned above isolate, the business collaborated with Vaniglia.
NotCreme debuted on Masterchef Brazil in August 2022, according to NotCo, a Chilean unicorn food technology company. The end product is a vegan milk cream prepared from chickpeas.
The addition of organic chickpea spaghetti to its current lineup of organic plant-based pasta was announced by Tolerant, a division of the Barilla Group noted for creating minimally processed legume-based pasta, in July 2022.

Key Segments

By Form:

Dried
Fresh
Canned
Frozen
Others

By Application:

Direct Consumption
Snacks
Delicacies
Dips
Others

By Type:

Kabuli Chickpea
Indian Chickpea
Garbanzo Beans
Desi Chickpeas
Others

By Color:

Yellow
Brown
Green
Red

By Region:

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

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Corn Silage Market is Encouraged to Reach US$ 688.4 million by 2034 |FMI

The corn silage market size expects a significant bump in its value, from US$ 348.5 million in 2024 to US$ 688.4 million in 2034. The updated report points to a CAGR of 7.0% CAGR from 2024 to 2034. That is a slight improvement from the previous CAGR of 6.60% observed between 2019 and 2023.

In the rapidly expanding food industry, Corn Silage Market has come to be a revolutionary. Its nutrient-rich profile and cost-effectiveness have captured the attention of farmers and food manufacturers alike. With an increasing demand for sustainable and high-quality livestock feed, the Corn Silage market is set to soar, shaping the future of agriculture.

In the rapidly expanding food industry, Corn Silage Market has become a revolutionary force. Its nutrient-rich profile and cost-effectiveness have captured the attention of farmers and food manufacturers alike. With an increasing demand for sustainable and high-quality livestock feed, the Corn Silage market is set to soar, shaping the future of agriculture.

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Countries are Hoping for a Greener Tomorrow and Investing in Improving Biogas Production

Countries around the world are pushing objectives of raising their biogas production. Corn silage is an important feedstock in producing biogas as it helps in making energy without needing air. It is becoming famous as a renewable energy source that can help power things.

Industries are aspiring to be more eco-friendly and governments are giving them incentives for making advancements in green energy. Countries around the world are establishing new biogas plants. This is raising the demand for corn silage in biogas plants.

Various countries are investing in Waste-to-Energy projects. Japan, for instance, launched a new biogas plant in Sagamihara in August 2023.

Key Takeaways:

Steady Growth Trajectory: The Corn Silage market is set for a steady growth rate with a CAGR of 7% from 2024 to 2034.
Revenue Projections: The market is expected to expand significantly, reaching a valuation of US$ 677.33 million by 2034, indicating rising demand and potential opportunities.
Global Market Dynamics: In 2024, the United States emerged as the leading market for Corn Silage, capturing a substantial share, followed by notable growth in India and other regions.
Diverse Applications: Corn Silage finds applications in milking and beef cattle feed, presenting a wide range of opportunities.

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Increasing Demand for Corn Silage due to Associated Health Beneficial Factors

Because countries like India, the European Union, and the United States are the leading milk producers, there are a lot of cattle to feed. For the cow to produce milk with a high nutritional content, high-content feed and pasture are necessary. For these economies and producers, maintaining the premium quality and nutritious content of milk in the fiercely competitive market is essential.

Producers are becoming more attentive to and cautious with the feed they give their cattle as consumer awareness of the nutritional worth of meals grows. The necessity for the milk to maintain its nutritional value is driving up demand for maize silage.

Once prepared, maize silage has a shelf life of about two years and has a higher nutritional content than other forms of feed. Climate change is causing severe drought conditions in several places, which results in an unequal production of cattle feed globally.

due to the advantages and better option for closing the supply-demand gap and boosting the economy In the 5th edition of the India Maize Summit in 2018, the Ministry of Agriculture and Farmers Welfare of the Government of India announced PPP (Public-Private Partnership) chances for constructing maize-based silage units. Due to the numerous investment prospects created by this action, maize silage is now in high demand on the international market.

Competitive Landscape

The market is competitive, with huge international businesses like Cargill and ADM competing alongside niche players and regional providers. Maintaining competitiveness requires tremendous innovation, including genetic improvements and new processing technologies. Regulatory compliance and sustainability measures also influence the industry. As such businesses are focused on meeting regulatory standards and catering to customer demands for ecologically friendly products.

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Recent Developments

In January 2024, St1 inaugurated a new biogas plant in Boras. The plant manufactures liquified biogas for supply throughout the Nordic Region.
The Government of India is hoping to build 100 new biogas plants in the Uttar Pradesh state. The plan was announced in January 2024. India already possesses Asia’s largest compressed biogas plant in Sangrur. There’s also a unified portal for biogas projects that was launched in June 2023.
In June 2022, Corteva Agriscience launched a new product, Bovalta BMR (brown mid-rib) corn silage. The new offering is developed to fulfill high yield and milk production criteria, enabling producers to advance their operations.

Key Players in the Corn Silage Market

Cargill
Archer Daniels Midland Company (ADM)
ForFarmers
Lallemand Animal Nutrition
Mycogen Seeds
Chr. Hansen Holding A/S
DuPont Pioneer
Land O’Lakes, Inc.
Nutreco N.V.
KWS SAAT SE & Co. KGaA

Corn Silage Market Segmentation

By End Use:

Milking Cattle
Beef Cattle

By Type:

Brown Mid-rib
Conventional Field Corn
Leafy

By Nutrients:

Net Energy for Lactation (NEL)
Rumen Degradable Protein (RDP)
Rumen Undegradable Protein (RUP)
Effective Neutral Detergent Fiber (eNDF)

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan

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Radome Market Growth: Industry Reaching to US$ 15.1 billion Valuation by 2034

According to a Future Market Insights (FMI), the radome market is estimated to be worth US$ 3.5 Billion in 2024 and is projected to be valued at US$ 15.1 Billion in 2034. Between 2024 and 2034, the industry is expected to register a growth rate of 15.8%. The increasing demand for radar systems across diverse sectors such as defense, aerospace, telecommunications, and meteorology stands as a pivotal catalyst propelling the growth of the radome market.

These radar systems play indispensable roles in surveillance, navigation, communication, weather monitoring, and a myriad of other critical applications. The growth in both commercial and military aviation industries is fueling the need for radomes employed in aircraft for vital functions such as weather radar, collision avoidance systems, and communication.

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Numerous nations are prioritizing the modernization of their military arsenals, with a particular focus on enhancing radar systems. This entails both the upgrading of existing radar installations and the procurement of new systems. There is a heightened demand for radomes tailored specifically for military applications.

The emphasis on meeting stringent performance, durability, and safety standards, driven by compliance with environmental regulations and industry norms, is compelling manufacturers to develop radomes that adhere to these criteria. This commitment to regulatory compliance not only fosters innovation but also encourages increased investment in the radome market.

Key Takeaways from the Market Study:

From 2019 to 2023, the radome market expanded at a CAGR of 3%.
Based on offerings, the product segment is expected to rise at a CAGR of 6% from 2024 to 2034.
The radome demand in China is predicted to grow at a CAGR of 5% through 2034.
In the United States, the radome industry is estimated to register a CAGR of 1% from 2024 to 2034.
The United Kingdom is projected to expand by a value CAGR of 1% between 2024 and 2034.
The radome market in Japan is anticipated to record a CAGR of 5% during 2034.

Competitive Landscape:

Market participants are directing their efforts toward crafting novel radome designs that boast enhanced performance, longevity, and cost-efficiency. They are broadening their footprint by forging strategic alliances, acquiring businesses, and establishing production facilities or distribution channels in pivotal geographic areas.

Raytheon Technologies – a multinational conglomerate formed by the merger of Raytheon Company and United Technologies Corporation, specializing in defense, aerospace, and commercial electronics.
L3Harris Technologies – a global aerospace and defense technology company, offering products and services in communication systems, electronic warfare, and surveillance solutions.
Northrop Grumman Corporation – a leading global security company providing innovative systems, products, and solutions in aerospace, electronics, and information systems.

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Key Companies Profiled in the Report:

Lockheed Martin Corporation
Raytheon Technologies
L3harris Technologies
Northrop Grumman Corporation
BAE Systems
Thales Group
Saint-Gobain
General Dynamics Nordam
Comtech Telecommunications
Cobham PLC

Radome Market Segmentation Analysis:

By Offerings:

Product
Service

By Platform:

Airborne
Ground
Naval

By Application:

Radar
Sonar
Communication Antenna

By Frequency:

HF/UHF/VHF-Band
L-Band
S-Band
X-Band
KU-Band
KA-Band
Multi-Band

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

Sales of Organic Edible Oil to Reach at US$ 3.14 Billion by 2033 | Future Market Insights, Inc.

The global organic edible oil market is poised for substantial growth, projecting a valuation of US$ 7.43 billion by 2033, with a CAGR of 9% from 2023. In 2023, the market is anticipated to reach US$ 3.14 billion, driven by factors like health and wellness trends, environmental concerns, government regulations, and rising disposable incomes.

Overview of the Market

The organic edible oil market is experiencing robust growth due to increased consumer awareness of the health benefits and environmental sustainability associated with organic products. Factors such as government regulations, rising disposable incomes, and a growing demand for plant-based products contribute to this upward trajectory. The market is forecasted to grow at a CAGR of 9%, reaching US$ 7.43 billion by 2033.

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Demand Dynamics

Consumers’ preference for organic edible oils is fueled by their desire for natural, healthier, sustainable, and environmentally friendly options. Organic edible oils, free from harmful chemicals and pesticides, are gaining traction. Olive oil, known for its essential properties and low cholesterol benefits, is a preferred choice for cooking.

Growth Factors

Key growth factors include a shift towards plant-based diets, increased availability and accessibility, and a rising demand for natural foods. The market is further stimulated by the food industry’s incorporation of organic edible oils and the adoption of organic farming practices.

Key Takeaways:

The organic edible oil market is estimated to secure a CAGR of 9% with a valuation of US$ 7.43 billion by 2033.
Historically, the market captured a valuation of US$ 2.04 billion in 2018.
India is leading the global market by producing a maximum share during the forecast period.

Which Strategies are Implemented by Key Players in the Global Market?

Key players are implementing various strategies in the global market to maintain their market position and growth. A few common strategies are:

Product Diversification: Key Players in the market offer a wide range of products to cater to different customer needs. It helps them capture a huge market share and build customer loyalty.
Branding and Marketing:Strong branding and marketing strategies are important for key players to build brand recognition and consumer awareness. They invest in marketing and advertising campaigns to reach a wider audience and differentiate their products from competitors.
Sustainable and Ethical Practices: Sustainable and ethical practices are increasingly important to consumers, and key organic edible oil market players often highlight their values. They may use environmentally-friendly production methods, source ingredients from local and sustainable sources, and use eco-friendly packaging.
Innovation: Key players in the market may invest in research and development to create new and innovative products that meet consumers’ changing needs and preferences. They may also adopt new technologies to improve production efficiency and reduce costs.

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Recent Development in the Organic Edible Oil Market are:

Wilmar International:Wilmar International is an agribusiness company that produces and sells organic edible oils under its brand, Fortune. In July 2021, Wilmar International announced that it had agreed to acquire a 50% stake in FFM Berhad.
Adams Group:Adams Group is a family-owned company that produces and sells organic edible oils, including organic soybean oil and sunflower oil. In July 2021, Adams Group announced that it had acquired J.M. Smucker Co.’s Natural Oils business assets, including the brand name Crisco.

Organic Edible Oil Market by Category

By Type:

Palm Oil
Rapeseed Oil
Coconut Oil
Soybean Oil
Olive Oil
Sunflower Oil

By Distribution Channel:

Specialty Stores
Convenient Stores
Supermarkets/Hypermarkets
Online Retail Stores

By Region:

North America
Europe
Latin America
Asia Pacific
Middle East Africa

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Author by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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