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Tunable Filter Market Thrives with 7.4% Value CAGR, Manufacturers Lead Surge to US$ 159 Mn by 2027

The global tunable filter market is anticipated to grow at a quick rate during the assessment period, according to a recent analysis by Future Market Insights titled “Tunable Filter Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)”. The study report addresses several factors that support its expansion in addition to a few that work against it. This thorough research report covers trends, risks, opportunities, growth drivers, challenges, and their implications on the global tunable filter market.

Detailed pricing analysis of different tunable filters across key regions is also discussed in the research study. The segmental analysis across North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, Japan and Middle East and Africa (MEA) is carried out which is used to track the future projections for a period of ten years, pertaining to value of the global tunable filter market.

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Global Tunable Filter Market: Factors Impacting Growth

There are several factors that have a positive influence on the growth of the tunable filter market. The increasing spending in defence has spurred the use of tunable filters in vehicular radios, wireless communication equipment and radars thus actively contributing to the growth of the global tunable filter market.

Moreover, growing wireless sector is expected to drive the growth of tunable filter market. Also, the emergence of 5G is expected to contribute to the market’s growth. Tunable filters are used in 5G networks and have a crucial role of ensuring proper functioning of 5G technology-based communication systems. However, limited commercial availability of some tuneable filters (for instance, BST or Barium Strontium Titnate) is expected to hinder the growth of the global tunable filter market.

Global Tunable Filter Market: Segmental Snapshot

The global tunable filter market is segmented on the basis of application and region.

In the application category, the wireless communication equipment segment is the largest thus leading the global market. This segment reflected high growth rate owing to increased adoption of tunable filters in wireless communication equipment

With respect to region, North America is expected to present high growth opportunities for tunable filters. in addition, the Asia Pacific excluding Japan (APEJ) region is also highly lucrative and the tunable filter market in this region is projected to grow at a high rate during the forecast period.

Global Tunable Filter Market: Competitive Assessment

This exhaustive research contains detailed intelligence on various players involved in the manufacturing and distribution of tunable filters. Prominent players include Analog Devices Inc., RS Microwave Co Inc., K&L Microwave, Inc., Fairview Microwave Inc., I2R Nanowave Inc., Pole/Zero Corporation and Atlanta Micro, Inc.

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Market Segmentation

By Application:

Tactical Radios
Avionics and Shipboard Cosite Mitigation
Military Vehicular Mount Radio Components
Wireless Communication Equipment

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East and Africa

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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:

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Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Global Formulation Development Outsourcing Industry is anticipated to grow at a robust 7.2% CAGR to reach an unprecedented US$66.60 Billion milestone by 2032 | FMI

The Global Formulation Development Outsourcing Industry is on a trajectory for impressive growth, with projections indicating a surge to a staggering US$66.60 billion by 2032. This significant rise represents a substantial leap from the US$33.23 billion recorded in 2022. Fueling this remarkable growth is a robust Compound Annual Growth Rate (CAGR) of 7.2%, signifying a vibrant and dynamic market poised for significant expansion between 2022 and 2032.

The pharmaceutical industry’s increasing spending on research and development is one of the main factors causing this extraordinary upsurge. Formulation Development Outsourcing services are becoming more and more popular among small and medium-sized pharmaceutical enterprises as they realize

the necessity for specialized skills and sophisticated knowledge.

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Increases in pharmaceutical and raw material costs, as well as demand, can have a major negative impact on the market value of Formulation Development Outsourcing. As a marketing tactic to boost market growth, the Formulation Development Outsourcing company developed medical drug patent protection expiration.

Because of the increasing number of biopharmaceutical and pharmaceutical businesses outsourcing their work, the Formulation Development Outsourcing market has grown significantly. In 2021, the market for Formulation Development Outsourcing in North America maintained a commanding 26.8% share.

For instance, numerous clinical trials are conducted in the United States. Furthermore, it is anticipated that Europe will hold a significant share of the Formulation Development Outsourcing industry. This is due to the government’s supportive initiatives, sedentary lifestyles, and the rise in chronic illnesses driving the market in this region.

Global Formulation Development Outsourcing Industry Key Takeaways

With a market share of US$ 66.6 billion, the Formulation Development Outsourcing industry is predicted to grow at a 7.2% CAGR through 2032.
The Formulation Development Outsourcing market in North America is anticipated to be valued at US$22.8 billion in 2021.
Through 2032, the Asia Pacific Formulation Development Outsourcing industry is predicted to grow at an 8.1% CAGR.
The Formulation Development Outsourcing industry is expected to be worth US$ 31 billion in 2021.
The oral segment of the Formulation Development Outsourcing industry held a 63.6% revenue share in 2021.
Based on services, the formulation development segment of the Formulation Development Outsourcing industry had a revenue share of 76.6% in 2021.

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Competitive Landscape from the Global Formulation Development Outsourcing Industry:

Some of the primary measures players are employing to take advantage of the Formulation Development Outsourcing industry opportunities include frequent product launches, geographic expansions, and distribution agreements to expand their consumer base.

Global Formulation Development Outsourcing Industry Key Players

SGS S.A.
Intertek Group plc
Recipharm
Lonza
Charles River Laboratories International, Inc.
Eurofins Scientific SE
Element
Labcorp
Thermo Fisher Scientific, Inc. (Patheon)
Catalent Inc.

Recent Developments in the Global Formulation Development Outsourcing Industry:

Intertek extended its pharmaceutical services laboratory in Melbourne in 2019.
Cataleny Inc. announced in 2021 that it has acquired the packaging and production businesses of Acorda Therapeutics Inc.
In addition, Quotient BioSciences announced plans to acquire Arcinova, a UK-based startup, in 2021. As a result of this acquisition, Quotient Bioscience is now able to offer new services such as medical goods, clinical testing, and drug substance synthesis.
In 2020, Catalent Inc. announced the acquisition of MaStherCell Global Inc. As a result of this increase, the biotech sector is fortifying its position, and new avenues for gene therapy are emerging.

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In North America, the Drug Development Outsourcing Market is dominated by the United States due to the presence of a large number of pharmaceutical and biotechnology companies, the availability of skilled professionals, and the presence of a well-established healthcare infrastructure. Canada is also expected to witness significant growth in the market due to the increasing adoption of outsourcing by pharmaceutical and biotechnology companies.

Global Formulation Development Outsourcing Industry Key Segments

By Service:

Preformulation
Formulation Development

By Formulation:

Oral
Injectable

By Therapeutic Area:

Oncology
Infectious Diseases
Neurology
Hematology
Respiratory
Cardiovascular
Dermatology
Others

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 is 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
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Global Cognitive Neuroscience Market is expected to develop at a 4.6% CAGR in 2021–2031

Global Cognitive neuroscience market is expected to develop at a 4.6% CAGR in 2021–2031. The market is expected to grow profitably as more people are expected to be affected by neurological disorders like Parkinson’s, Alzheimer’s disease, and other dementias. The market has been growing at a moderately competitive rate.The global Cognitive Neuroscience market is represented by a number of companies, including Siemens Healthineers, Scientifica Ltd., Alpha Omega Inc., GE Healthcare, Biobserve GmbH, NeuroNexus Technology, and Laserglow Technologies. The market study provides a thorough analysis of every company included in the Cognitive Neuroscience market report, taking into account factors like industrial penetration, creative launches, local networks, distribution channels, production techniques, and income generation. Additionally, the market tactics and acquisitions.

In its most recent business analysis, Future Market Insights provides further details on the volume, value, production, and consumption status of the worldwide cognitive neuroscience market. Based on demand trends and potential future developments, the research examines the market through the lenses of different competitors, geographies, end uses, and market segments.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Cognitive Neuroscience market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Critical Questions Answered in the Report

What are ongoing trends that will shape market growth curve for global Cognitive Neuroscience market?
What are the drivers and challenges affecting the Cognitive Neuroscience market demand?
What are the recent technological advancement in the Cognitive Neuroscience market?
What are key trends and opportunities that will prevail the revenue growth of Cognitive Neuroscience market players?
How will evolving regulatory policies impact the market growth?
What is the impact of Covid-19 on the Cognitive Neuroscience market?

Cognitive Neuroscience Market: Segmentation

By Type:

Magnetic Resonance Imaging (MRI)
Functional Magnetic Resonance Imaging (fMRI)
Positron Emission Tomography (PET)
Magnetoencephalography (MEG)
Encephalography (EEC)
Near Infrared Spectroscopy (NIRS)
Single Photon Emission Computed Tomography (SPECT)

By Application:

Brain Imaging
Neurological Research
Neurological Disorders
Psychiatry

By End User:

Pharmaceutical Companies
Clinical & Research Laboratories
Academic Research Institutes
Hospitals & Pathology Laboratories
Others

By Region:

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

The Cognitive Neuroscience market research gets rid of the following queries:

How the market for Cognitive Neuroscience is expected to shape in the coming ten years?
What strategies are the Cognitive Neuroscience market vendors implementing to stay ahead of their rivals?
Why are consumers shifting towards alternative Cognitive Neuroscience products?
What innovative technologies are the Cognitive Neuroscience players using to get an edge over their rivals?
What are the restraints affecting the growth of the global Cognitive Neuroscience market?

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Reasons to Buy the report

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.

The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Cognitive Neuroscience market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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About Future Market Insights (FMI)

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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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Global Intracardiac Echocardiography Industry Poised for Strong Growth at 5.8% CAGR, Reaching US$1.2 Billion by 2033 | FMI

Future Market Insights (FMI) paints a promising picture for the Global Intracardiac Echocardiography Industry. According to their latest research, the market is expected to experience significant growth, reaching a staggering US$1.228.2 million by 2033. This translates to a robust compound annual growth rate (CAGR) of 5.8% throughout the next decade.

The positive outlook begins as early as 2023, with the market anticipated to reach an estimated value of US$698.9 million. This momentum is expected to continue throughout the forecast period, fueled by an impressive CAGR of 5.8%. This growth signifies a period of ongoing development and innovation within the global intracardiac echocardiography industry.

Global Intracardiac Echocardiography Industry: Key Players

Some of the key players present in the Global Intracardiac Echocardiography Industry include Abbott Boston Scientific Corporation, Koninklijke Philips N.V., Infraredx™, Inc. Kaixin, and others.

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Intracardiac Echocardiography: Market Dynamics

Intracardiac echocardiography is one of the increasing imaging technologies that is being used to guide percutaneous interventional procedures. These are being widely used for the treatment of interatrial septal abnormalities and also aid in electrophysiological procedures. Furthermore, these imaging devices are also being used for finding intracardiac structures, which is thus used in other procedures like myocardial biopsy and paravalvular leak closure. The main driver of intracardiac echocardiography over transoesophageal echocardiography is the treatment of atrial septal defects that eliminates the need for general anesthesia. They also produce clear and crisp images, with shorter procedure time, reduced hospital stays, and radiation doses. One primary restraint of the Global Intracardiac Echocardiography Industry is the additional catheter cost, which can be negated by improvising turnaround times and reducing personnel costs. However, the Global Intracardiac Echocardiography Industry is expected to show promising growth due to the increasing prevalence of cardiovascular diseases, the geriatric population, and the use of advanced technologies in interventional cardiology.

Additionally, the accuracy and efficiency of the intracardiac echocardiography is one of the primary factors in the growth of the market. Portability and compactness of the intracardiac echocardiography is anticipated to drive the market revenue of the Global Intracardiac Echocardiography Industry. An increase in several minimally invasive cardiac procedures and the high adoption rate of intracardiac echocardiography are also factors that are anticipated to boost market growth. However, a lack of awareness regarding intracardiac echocardiography imaging devices and inadequate reimbursement may hamper the growth of the intracardiac echocardiography market during the forecast period.

Intracardiac Echocardiography Industry: Region-wise Outlook

Based on regional presence, the Global Intracardiac Echocardiography Industry is segmented into five key regions viz. North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. North America is anticipated to dominate the intracardiac echocardiography market due to new product innovations, and awareness of products by organizing medical conferences. Europe is expected to be the second largest market for the Global Intracardiac Echocardiography Industry due to high-end funding and support for innovative and development activities, also focusing on having high consolidation and a large research base. Both the East and South Asian market is also expected to grow at a higher growth rate owing to changes in lifestyle, increased population growth, increased healthcare spending, and tremendous growth in research and development. These factors are likely to drive the market growth of the global Intracardiac Echocardiography Industry during the forecast period globally.

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The report covers an exhaustive analysis:

Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Intracardiac Echocardiography Industry: Segmentation

Segmentation by Product Type:

Phased-array ultrasound Transducer tipped Catheter
Mechanical ultrasound transducer-tipped Catheter

Segmentation by Application Type:

Electrophysiology
Left atrial Appendage Closure
Closure of Paravalvular leaks
Transcatheter aortic valve implantation
MitraClip implantation and mitral valvuloplasty
Others

Segmentation by Age Type:

Adult
Pediatric
Neonatal

Segmentation by End User Type:

Hospitals
Cardiac Centers
Clinics
Ambulatory Surgical Centers
Others

Report Highlights:

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

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 is 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

Global Sleep Screening Devices Industry is predicted to develop at a 6.6% CAGR and reach a valuation of over US$ 17.5 Billion By 2033 | FMI

According to the latest data from Future Market Insights (FMI), the Global Sleep Screening Devices Industry is on an upswing trajectory. The sector is expected to grow positively, rising from its estimated valuation of US$8.73 billion in 2022 to a projected US$9.30 billion in 2023. This significant increase of over US$560 million highlights the growing importance of sleep screening devices in the global market.

The surge in demand caused by the increasing occurrence of sleep disorders around the globe is responsible for this extraordinary expansion. An important factor driving the market growth for sleep screening devices is the growing awareness of the significance of sleep health and the rise in disposable income.

Future Market Insights’ comprehensive business report delves into the historical and current panorama of the Global Sleep Screening Devices Industry, offering in-depth insights into production, consumption, volume, and value trends. The report meticulously dissects the market, segmenting it based on demand patterns, growth prospects, regions, and key players.

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The Sleep Screening Devices market report contains critical information and forecast statistics that will provide both existing and emerging market players with the necessary insights to craft long-term strategies and maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Global Sleep Screening Devices Industry

The recent COVID-19 outbreak has focused attention on the healthcare industry, affecting the Global Sleep Screening Devices Industry. Severe shortages of critical medical supplies, combined with an increase in the number of COVID-19 cases, have resulted in a revolution rather than an evolution in healthcare ecosystems. As a result, the impact is visible in the Sleep Screening Devices market.

Doctors are delaying or postponing elective surgeries unless absolutely necessary to prevent the spread of the virus to individuals with comorbidities or chronic conditions, under government measures, particularly social distancing norms and stay-at-home orders. Furthermore, movement restrictions and disruptions in supply chains have created a logistical nightmare for market participants, resulting in severe product shortages in the global marketplace.

The FMI report contains an interesting chapter on the preliminary impact of COVID-19 on the market for Sleep Screening Devices. This enables both leading and emerging market players to comprehend the market scenario during a crisis and to make sound decisions to gain a distinct competitive advantage.

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Global Sleep Screening Devices Industry: Segmentation

Valuable information covered in the FMI’s Sleep Screening Devices market report has been segregated into key segments and sub-segments.

By Product Type:

Sleep Monitors
Type IV
Type III
Type II
Wearables
Headband Devices
Wrist Devices & Hand Bands Devices
Ring Devices
Sleep Mask Tracker Devices
Non-wearables
Bedside Non-Wearable Devices
Under Sheet Non-Wearable Devices
Under Mattress Non-Wearable Devices
Smart Sleep Equipment
Smart Mattresses and Pillows
Smart Beds

By Application:

Circadian Rhythm Disorders
Sleep Deprivation
Narcolepsy
Sleep Apnea
Insomnia

By Distribution Channel:

Hypermarkets and Supermarkets
Retail Stores
Pharmacy
Online

Global Sleep Screening Devices Industry: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Sleep Screening Devices market. Competitive information detailed in the Sleep Screening Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Sleep Screening Devices Industry report.

Key players covered in the report include:

Dream Sleep
NovaSom
VirtuOx
Koninklijke Philips
SleepWorks
Itamar Medical (ZOLL Medical)
ApneaMed
Garmin
ResMed
Cleveland Medical Devices

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Important Questions Answered in the Global Sleep Screening Devices Industry Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the Global Sleep Screening Devices Industry been expanding during the forecast period?
How will the Global Sleep Screening Devices Industry look like by the end of the forecast period?
What innovative strategies are adopted by Sleep Screening Devices market players to stay ahead of the pack?
What are the restraints affecting the growth of the Global Sleep Screening Devices Industry?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Sleep Screening Devices market

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Global Automated Sample Storage Systems Industry Booming at 11.6% CAGR, Projected to Reach US$3.3 Billion by 2033 | FMI

The Global Automated Sample Storage Systems Industry is experiencing a remarkable surge, with a projected market value of US$1.1 billion by 2023. This significant growth is driven by a robust Compound Annual Growth Rate (CAGR) of 11.6%, following a projected industry valuation of US$1.005 billion in 2022.

Future Market Insights (FMI) forecasts even more impressive growth for the market in the coming decade. Their reports predict a sustained CAGR of 11.6% between 2023 and 2033, with the market reaching a staggering US$3.3 billion by 2033.

Several variables, most notably the many benefits these systems provide to laboratories, are driving the growing demand for automated sample storage systems. Their extraordinary capacity to manage large amounts of pieces with great efficiency has made them invaluable resources in the fields of chemistry and biological sciences.

Automated sample storage systems herald a paradigm shift in sample preservation. These state-of-the-art, computer-controlled devices provide a seamless solution for storing and retrieving samples as needed. By lowering sample temperatures below the glass transition phase of water, these systems effectively arrest all metabolic activities, ensuring prolonged storage durations.

The spectrum of sample storage solutions is diverse, from manually controlled and relatively simple storage devices to large, computer-controlled automated systems. The implementation of automated systems not only slashes labor costs but also reduces essential workforce requirements. Moreover, these systems enhance workplace safety by eliminating personnel exposure to challenging working conditions, such as those found in cold storage environments.

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Various sample storage service providers are also increasing their market as a large number of samples can be stored in one place instead of installing devices in separate institutes such as the development of regional and national biobanks. Demand for automated sample storage systems is more for clinical research purposes. These systems are designed to overcome several problems in sample collection and storage. It stores a variety of labware, including a wide variety of microtubes, cryovials, and blood tubes, some systems can store more than 10 million samples. The machine size varies from M to XL. Robotic systems are also nowadays integrated along with the system in many workstations.

Global Automated Sample Storage Systems Industry: Drivers & Restraints

The automated sample storage market is anticipated to have linear growth proportional to the increase in several life science and pharmaceutical research activities globally. These automated sample storage systems have overcome the shortcomings of storing in liquid nitrogen. These automated freezer systems check any significant temperature rises, thus the freeze-thaw cycles are restricted and potential sample degradation is prevented.

These type of advantages associated with the automated sample storage system drives its market. The rise in funding in the research sector also increases its market. High installation and maintenance cost limits the market expansion. Uninterrupted electricity problem in some regions also limits its installation. Maintaining a large and highly integrated system also requires training and experience. Companies often experience significant ongoing costs for the maintenance and updating of various subsystems.

Global Automated Sample Storage Systems Industry: Overview

Automated sample storage systems have created a requirement for effective storage practices and standard operating procedures. The requirement of maintaining sample integrity and viability by adopting new storage methodologies and solutions assures better sample quality for the research community and thus proliferates the market of automated sample storage systems.

Demand for these products is also increasing in the manufacturing industries for storing large-scale industrial samples mostly in the biopharmaceutical and chemical industries. Vendors such as Biomatrica and IntegenX, Inc. are also involved in developing reagents for stabilizing the DNA and RNA to keep them last long under ambient temperature. This process effectively eliminates the need for freezer units and extra storage space.

Automated Sample Storage Systems Industry: Region-wise Outlook

North America and European regions are established markets with a large number of global key players and several established biobanks in the region.

The ongoing research and development activities and huge funding in commercial manufacturing in the region are fueling the demand for highly advanced laboratory and research solutions In addition, a huge number of biopharmaceutical research is also carried out in these nations thus requiring large storage units for sample storage.

Asia Pacific has a growing demand in this business sector and a time for marketing and business development in these countries as these nations will proliferate in the future because of the growing economy and continuous investment in various research facilities.

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Global Automated Sample Storage Systems Industry: Key Players

Various companies are involved in the manufacturing and distribution of devices for automated sample storage systems. Some of the companies are involved in providing services for storing samples such as various biobanks. Several global key players in this industry are Hamilton Company, Biomatrica Inc., IntegenX, Inc., Brooks Automation, Inc., TTP Labtech, Swisslog, Thermo Electron Corporation, Angelantoni Life Science, and others.

The report covers an exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition and companies involved
Value Chain

The regional analysis includes:

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

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Global Automated Sample Storage Systems Industry: Segmentation

Segmentation by Product Type

System Unit
Reagents and consumables

Segmentation by End User

Hospitals
Diagnostic Labs
Chemical Industries
Biopharmaceutical Industries
Research Laboratories.

Report Highlights:

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

Author

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Key Drivers and Restraints: Understanding the Future of the Sorbitan Tristearate Market Worth US$ 657.7 Million by 2032

Non-Destructive Testing (NDT) Inspection Services Market

The sorbitan tristearate market is anticipated to grow its presence in the global market at a lower CAGR of 4.3%, and is projected to reach an estimated value of US$ 657.7 Million by 2032. (2022-2032). By the end of 2022, the demand for sorbitan tristearate is anticipated to be worth US$ 432.6 Million.

Increasing demand for sorbitan tristearate in the food and beverages industry due to the increasing demand for emulsifiers is driving the growth of the global sorbitan tristearate industry. Demand for sorbitan tristearate is increasing in the personal care industry as it works as an emulsifier and stabilizer in cosmetic products. Sorbitan, an end product of the dehydration of sorbitol is an emulsifying agent. Sorbitan fatty esters are known as sorbitan esters that are highly safe to use as an ingredient in food and cosmetic products. It is used as a food additive in the production process as an emulsifier. Sorbitan is a generic name of anhydrides that are derived from sorbitol, is a crystalline hex hydric alcohol that occurs naturally from seaweed, algae, and fruits.

Sorbitan tristearate is a non-ionic surfactant. Sorbitan tristearate is variously used as an emulsifier, stabilizer, and dispersing agent in aerosol sprays and food. As a food additive, sorbitan tristearate has the E number E492. Sorbitan is made by the esterification of sorbitol and commercial stearic acid that is derived from food fats and oil.

Moreover, sorbitan tristearate is permitted as a food additive in dietetic foods, dietary food supplements, and sugar confectionery including chocolate, beverage whiteners, milk and cream analogs, and other food products.

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Global Sorbitan Tristearate Market: Drivers and Restraints

Increasing demand for sorbitan tristearate in food and beverages industry due to increasing demand of emulsifiers is driving the growth of global sorbitan tristearate industry. Demand for sorbitan tristearate is increasing in personal care industry as it works as an emulsifier and stabilizer in cosmetic products.

Furthermore, the increasing applications of sorbitan tristearate in various end user industries due to extensive research and developments by companies is further fuelling the growth of global sorbitan tristearate industry. Wide applications of sorbitan tristearate in bakery and confectionary is dominating the global sorbitan tristearate market with more than half of the market share in terms of volume as well as value.

In some of the cosmetics products uses of sorbitan tristearate has approved with some concentration limits, which is a limiting factor in the growth of global sorbitan tristearate industry.

Global Sorbitan Tristearate Market: Region-wise Outlook

The global sorbitan tristearate market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). Europe is accounted as one of the largest market for sorbitan tristearate and other food emulsifiers owing to the flourishing food and beverages market in the region.

Increasing penetration of bakery and confectionary products in Western Europe and other regions is expected to grow the global sorbitan tristearate market during the forecast period. Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global sorbitan tristearate industry is expected to witness a steady growth by the end of 2027.

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Global Sorbitan Tristearate Market: Key Players

Some of the prominent players in the global sorbitan tristearate market are-

ERCA SPA
Coast Southwest, Inc.
Colonial Chemical, Inc.
Kawaken Fine Chemicals Co., Ltd.
Burlington Chemical Company
Flowers Song Fine Chemical Co., Ltd
Fitz Chem Corporation
Kao Chemicals
ERCA Group
Dow chemical company
Estelle chemicals pvt., ltd.
Guangzhou Ruhana Food Additive Co., Ltd.
Hangzhou Funchan Food Additive Co., Ltd.
Triveni chemicals
Jeevika Yugchem Private Limited
Croda India company pvt. Ltd.
Kawaken Fine Chemicals Co., Ltd.
Coast Southwest, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.

Regional analysis includes

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

Global Sorbitan Tristearate Market: Segmentation

On the basis of end uses, the global sorbitan tristearate market is segmented into:-

Food
Bakery and confectionary products
Meat products
milk and cream analogues
beverage whiteners
emulsified sauces
dietary food supplements
edible ices
Personal care industry
Skin care products
Hair care products
Makeup bases and foundations
Powders
Deodorants
Other cosmetics
Pharmaceuticals

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Frequently Asked Questions

What is the Projected CAGR for the Sorbitan Tristearate Market?
Which is the Leading Region in the Sorbitan Tristearate Market?
What is the Future Outlook of the Sorbitan Tristearate Market?

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 5000 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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Global Metered Dose Inhalers Industry is expected to grow at a 4.5% annual rate and reach US$ 40,895.5 Million by 2033 | According to FMI

The Global Metered Dose Inhalers Industry is on track for a promising future, according to the latest insights from Future Market Insights (FMI). Building on its strong performance in 2022, with a market valuation of US$25.2 billion, the MDI market is projected to reach US$26.3 billion in 2023.

This positive trajectory is fueled by a robust Compound Annual Growth Rate (CAGR) of 4.5% anticipated from 2023 to 2033. By 2033, the MDI market is estimated to reach a staggering value of approximately US$40.9 billion.

One of the driving forces behind this surge is the inherent advantages of Metered Dose Inhalers (MDIs). MDIs, with their multidose delivery capacity, simplicity of use, and lower risk of contamination, emerge as the preferred choice for both patients and healthcare providers. This positions MDIs at the forefront of the industry’s anticipated growth.

A noteworthy trend shaping the landscape is the rise of digital dose inhalers, as highlighted by FMI in its industry analysis. The prevalence of digital dose inhalers is expected to persist throughout the forecast period. These inhalers, known for their precision in delivering medication to the lungs in the form of dry powder or aerosolized medicine, are emerging as a driving force behind the industry’s upward trajectory.

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At the same time, the fact that there is a sizable lack of awareness amongst the population regarding advanced treatment and devices available for asthma. This, in turn, is somewhat discouraging for the market participants to extend their research toward the under-developed economies. Additionally, the manufacturing cost for metered doses is quite high. They could also end up having side effects. These factors are likely to restrain the Global Metered Dose Inhalers Industry in the years to come. Future Market Insights has etched these findings with future perspectives in its latest market study entitled ‘Global Metered Dose Inhalers Industry’. It has its line of expertise in the form of analysts and consultants to execute.

“With realization of the fact that Metered Dose Inhalers are subject to simple application, the Global Metered Dose Inhalers Industry is bound to go great guns going forward, says an analyst from Future Market Insights.

Key Takeaways from the Global Metered Dose Inhalers Industry

North America holds the largest market (over 40%) share due to extensive research being conducted on the count of respiratory disorders and treatments of the same.
Europe stands second with more than 25% of the market share due to the reasons mentioned above.
The Asia-Pacific is expected to grow at the fastest rate in the Metered Dose Inhalers market going forward due to conducive initiatives undertaken by the governments herein.

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Competitive Analysis

Propeller Health, in 2019, did launch ‘Diskus’. It’s used for controlling and preventing symptoms like shortness of breath and wheezing resulting from asthma and COPD, which include emphysema and chronic bronchitis.
Novartis has its ‘Symbicort’. The inhaler is actually used for controlling and preventing symptoms of asthma in children aged 6 and below and also adults. It’s used for addressing emphysema and chronic bronchitis.
Glenmark Pharmaceuticals Ltd. holds the distinction of launching India’s very first digital dose inhaler called ‘Digihaler’ for those affected by pulmonary diseases and asthma.
Teva Pharmaceutical Industries Ltd., in 2019, did announce that its inhalation powder ‘ProAir Digihaler’ was approved by the US FDA. It’s the sole digital inhaler containing built-in sensors that gets connected to companion mobile application and informs people with COPD and asthma. Digihaler could effectively treat/prevent bronchospasm and also EIB (exercise-induced bronchospasm) in those aged 4 and above.
Honeywell, in February 2022, entered into partnership with Astrazeneca for developing next-generation respiratory inhalers by making use of propellant HFO-1234ze. It has got99.9% less potential of global warming as compared to the propellants used at the moment.
Aptar Pharma, in February 2022, tabled HeroTracker Sense. It’s a new digital respiratory health solution transforming a proper metered dose inhaler into smart connected healthcare device.
NuvoAir, in December 2021, came up with an add-on sensor for COPD and asthma inhalers as an integrated part of the chronic care ecosystem.

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Key Players in the Global Metered Dose Inhalers Industry

Cipla Inc., Presspart Manufacturing Ltd., Midascare Pharmaceuticals Pvt. Ltd., Beximco Pharma Ltd., GlaxoSmithKline Pharmaceuticals Ltd., 3M Pharmaceuticals Pty Ltd., Biocare Manufacturing Sdn Bhd, Anomatic Innovation & Design Center & Manufacturing, Aristo Pharma Ltd, Intech Biopharm Corporation, Swiss Pharmaceuticals Pvt. Ltd and others.

Global Metered Dose Inhalers Industry Key Segments

By Type:

Preventive Inhale
Reliever Inhaler
Long-Acting Bronchodilators Inhaler
By Application
Asthma
Chronic Obstructive Pulmonary Disease (COPD)

By End-User:

Homecare
Hospitals
Clinics

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Drum to Hopper Blends Premix Market Expected to Grow at 7.4% CAGR Through 2032, FMI Report Finds

According to a recent report by Future Market Insights, sales of drum to hopper blends premix are estimated to reach a value of US$ 1,575.4 Mn by 2032, surging at a 7.4% CAGR over the assessment period.

The demand for fortification of food is increasing significantly amid high prevalence of lifestyle related diseases and malnutrition among the global population

Several food products like flour, sugar, maize, wheat, and vegetable oils are generally fortified with vitamins and minerals to improve health, which is expected to drive demand for the drum-to-hopper blends.

Consumption of mineral and nutrient premix, like infant formula based on amino acid, is also on the rise, owing to growing preference for nutritional fortification of baby food and infant formula. In addition to this, rising demand for customized premixes and a greater emphasis by various government bodies on raising awareness about the benefits of supplements will fuel the growth in the market.

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Key Takeaways:

The U.S. drum to hopper blends industry is forecast to hold 65% of the North America market share by 2032.
Demand in the U.K. drum to hopper blends market is expected to increase at a 9.7% CAGR through 2032.
Sales of powdered blends will rise at a 7.4% CAGR over the forecast period.
Amino acids will continue to be the most popular ingredient type, holding more than 33% from 2022 to 2032.
Demand for drum to hopper blends in the food and beverage sector will increase at a 6.6% CAGR through 2032.

“Increasing incorporation of drum to hopper blends in sports nutrition products, along with high demand for amino acids-based products in the food and beverage sector will augment he growth in the market over the assessment period,” says an FMI analyst.

Competition Landscape

Key players operating in the global drum to hopper blends premix industry are investing in research and development to improve their product portfolios. They are also investing in mergers, acquisitions and collaborations to expand their distribution networks and to launch novel products in the market. For instance:

In December 2022m, Prinova will launch a line of premixes for dairy replacement products to assist manufacturers in responding to the plant-based revolution.

Some of the key players in the drum to hopper blends Market include Glanbia, Archer Daniels Midland, Koninklijke DSM, B&H Biotechnology, Jubilant Life Sciences, Farbest Brands, Fenchem, Prinova Group, Watson Inc, Barentz, Lycored, SternVitamin, and Hexagon Nutrition.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the drum to hopper blends presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the blends based on Form (Powder, Liquid), Ingredient Type (Vitamins, Minerals, Amino Acids, Nucleotides), Application Type (Early Life Nutrition/ Baby Food, Food & Beverages, Pharma OTC Drugs, Dietary Supplements), Function Type (Bone Health, Immunity, Digestion) region (North America, Latin America, Europe, Japan, APEJ, MEA).

Drum To Hopper Blends Market By Category

By Form:

Powder
Liquid

By Ingredient:

Vitamins
Minerals
Amino Acids
Nucleotides

By Application:

Early Life Nutrition/ Baby Food
Food & Beverages
Pharma OTC Drugs
Dietary Supplements

By Function:

Bone Health
Immunity, Digestion

By Region:

North America
Europe
Asia Pacific
MEA
Latin America

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Frequently Asked Questions

At what rate will the drum to hopper blends premix market grow?
What is the expected value of the drum to hopper blends premix market by 2032?
What are the key factors driving the drum to hopper blends premix market?
Which region adds to the highest drum to hopper blends premix market valuation?
Who are the key players in the drum to hopper blends premix market?

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 5000 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
LinkedIn| Twitter| Blogs | YouTube

Sunset Yellow FCF Market Dynamics: Key Trends and Regional Forecasts for 2022 to 2032

The global sunset yellow FCF market is projected to reach a market valuation of US$ 74.7 Mn in 2022 and US$ 150 Mn in 2032, exhibiting a CAGR of 6.25% between 2022 and 2032. The ability of sunset yellow FCF to give the right colors and better stability than the natural additives and rising applications in food and beverages industry are pushing the demand for sunset yellow FCF globally.

Over the years, demand for synthetic food colors such as sunset yellow FCF has grown at a significant rate owing to their rising usage in food products, beverages, pharmaceuticals, animal feed, etc. These artificial colors are highly effective and can quickly provide vivid and consistent color to foods and beverages. Furthermore, they are easily miscible in the solution.

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Sunset Yellow FCF, also known as orange-yellow S, is a petroleum-based acid orange azo dye which is being increasingly used in foods and beverages. Moreover, it can also be used in conjunction with E123, amaranth, to produce a brown coloring in both chocolates and caramel.

Growing consumer inclination towards aesthetic or more appealing food products is expected to provide a strong thrust to the growth of sunset yellow FCF market during the forecast period. Food and beverage manufacturers utilize sunset yellow FCF to improve the appeal of their products. Different beverage items, such as soda, energy drinks, and soft drinks will appear to be colorless if sunset yellow color is not added to them during the manufacturing process.

Key Takeaways from Market Study

By application, bakery, snacks, and cereals segment accounts for over 21.8% share of the global market while the soups, sauces, and dressings segment is expected to grow at a robust CAGR of 7.2% during the forecast period
The Asia-Pacific sunset yellow FCF market exhibited sales of 2500 metric tons by volume and is expected to grow at 6.5% CAGR between 2022 and 2032.
Demand for Sunset Yellow food colors in EMEAI market is expected to grow at 5.9% CAGR between 2022 and 2032.
The North American market recorded sales of USD 23.5 Mn and is expected to register a 4.9% CAGR during the assessment period of 2022 and 2032.
Sunset yellow FCF market in Germany reached around US$ 4.5 Mn in 2022.

“Sunset yellow FCF producers will gain significantly by targeting the decorative food start-ups in the food processing industry. Foraying into emerging economies and establishing strategic alliances with global processing industries will also help sunset yellow FCF brands to increase their revenue share,” says a Future Market Insights analyst.

Competitive Landscape

Sunset yellow FCF manufacturers are establishing strategic alliances with packaged food brands and food processing industries. They are also investing in research and development to foray into other industries like cosmetics and personal care.

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

The study offers compelling insights based on type (powder, lakes, dyes), and application (beverage, bakery, snacks, and cereals, candy/ confectionery, dairy, fruit preparations/ fillings, meat, poultry, fish, and eggs, potatoes, pasta, and rice, sauces, soups, and dressings, seasonings, pet food), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food and Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

About Future Market Insights (FMI)

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