Sheep Shearing Equipment Market: Projected to Reach US$ 1,069 Million by 2033 with 3.2% CAGR, Driven by Strong Correlation with Wool Industry

Sheep Shearing Equipment Market
Sheep Shearing Equipment Market

The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period.

Shearing machinery is used on farms to cut or remove wool from sheep’s bodies. The exceptional qualities of this equipment have increased demand. The need for sheep shearing equipment is growing since regular shearing is necessary to keep animals clean. Sheep have a range of problems if they go for a long time without being sheared.

An increasing population and greater urbanization are two factors contributing to the expansion of the wool industry. As a result, sheep shearing equipment adoption has grown. Knitting technology advancements throughout the years have had a significant impact on the wool industry.

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One of the major reasons propelling the market for sheep shearing equipment is the rising textile industry. The robust growth of the textile sector is driving up the need for sheep shearing equipment. The increased demand for fine and premium wool in the textile sector is predicted to favor the advancement of the global market for sheep shearing equipment.

The substantial development of the animal farming industry is another factor boosting the market’s potential. The market is therefore being driven ahead by the rapid rate of technology and the rising need for the mechanization of sheep shearing processes.

The goal of manufacturers is to reduce the present price of equipment, thus they continue to give great emphasis to R&D projects and improvements in shearing equipment production. To increase sales of sheep shearing equipment, manufacturers are focusing on expanding their product line as well.

The market for sheep shearing equipment is predicted to be dominated by North America. The North American market is anticipated to be opened up by powerful market players operating in the region.

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KEY TAKEAWAYS

  • The market for sheep shearing equipment in the United Kingdom is anticipated to grow at a CAGR of 3.4% through 2033.
  • The US dominated the sheep shearing equipment market in 2022 holding a 30.5% share of the global market.
  • With a CAGR of 3.8% over the forecast period, India is predicted to grow rapidly in the market for sheep shearing equipment by 2033.
  • The sheep shearing equipment market in China is expected to grow at a CAGR of 2.6% over the forecast period.
  • Germany accounted for 16.1% of the global sheep shearing equipment market in 2022.

COMPETITIVE LANDSCAPE

The top manufacturers of the sheep shearing equipment market are Horner Shearing, Welsh Shearing Equipment, Lister Shearing Equipment Limited, NATIONAL MEDITEK, Albert Kerbl GmbH, Heiniger, Tulsan, Sheep Shears Pro, BIHOO, Pet & Livestock HQ and others.

These companies have used a variety of tactics to strengthen their position in the worldwide sheep shearing equipment market. They have used both organic and inorganic development techniques, such as the launch of new goods, purchases, corporate expansions, and partnerships, to increase their clientele and revenue.

RECENT DEVELOPMENT

In November 2020, Aesculap Suhl GmbH is replaced by Albert Kerbl GmbH in the clipping machine industry. The business of “clippers and hair-cutting machines for small and big animals” will be transferred from Aesculap Suhl GmbH to Aesculap Schermaschinen GmbH, a recently established division of Albert Kerbl GmbH.

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Sheep Shearing Eqyuipment Market Segmentation

By Product Type:

  • Electric
  • Hand Sheep Shears

By Material:

  • Aluminum
  • Metal
  • Plastic
  • Stainless Steel

By Region:

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

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.

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Demand for Sustainable Feed Growing awareness of sustainability is driving demand for corn silage, a low-resource feed option

Corn Silage Market
Corn Silage Market

In the rapidly expanding food industry, Corn Silage Market has  Came to be a revolutionary. Its nutrient-rich profile and cost-effectiveness have attracted the interest of both food producers and farmers. The market for corn silage is expected to rise due to the growing demand for high-quality, sustainable animal feed, which will have a significant impact on agriculture going forward.

The corn silage market has become a disruptive force in the rapidly expanding food industry. Its affordable price and nutrient-rich characteristics make it appealing to both farmers and food producers. The increasing demand for sustainable, high-quality animal feed is predicted to drive up prices for maize silage, which will have a big effect on agriculture in the future.

Throughout the projected period, the market for maize silage is expected to grow at a CAGR of 7.1%. The market is expected to be worth US$ 342.4 million in 2022 and US$ 677.33 million in 2032. Maize silage is a common food item for dairy and beef cattle. Maize silage provides essential nutrients for cattle.

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Because of its high-calorie content and ease of digestion, ruminants frequently eat it. Premium silage is made from late-harvested maize leaves that are brown and lifeless. Furthermore, weight-loss corn from a drought or excessive heat can be used to make silage.

India is the world’s largest producer and consumer of milk, producing 186 million tonnes and consuming 77.7 million tonnes respectively per year. Because the economies of these countries rely so heavily on the production, consumption, and export of milk, it is essential to maintain the milk’s quality and nutritional value.

The milking cattle obtain these nutrients with the aid of maize silage. The market expansion for maize silage is anticipated to be boosted by the factors listed.

India is the world’s largest producer and consumer of milk, producing 186 million tonnes and consuming 77.7 million tonnes respectively per year. Because the economies of these countries rely so heavily on the production, consumption, and export of milk, it is essential to maintain the milk’s quality and nutritional value.

The milking cattle obtain these nutrients with the aid of maize silage. The market expansion for maize silage is anticipated to be boosted by the factors listed.

Key Takeaways:

  1. Steady Growth Trajectory: The Corn Silage market is set for a steady growth rate with a CAGR of 7.1% from 2022 to 2032.
  2. Revenue Projections: The market is expected to expand significantly, reaching a valuation of US$ 677.33 million by 2032, indicating rising demand and potential opportunities.
  3. Global Market Dynamics: In 2022, the United States emerged as the leading market for Corn Silage, capturing a substantial share, followed by notable growth in India and other regions.
  4. 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 and Key Players:

  • United Agro Feeds
  • BF Global Trading Pty Ltd
  • Krishna Multicomm Private Limited
  • Lakkavaram Silage Fodder Pvt. Ltd.
  • Qadir Exports
  • Explore Enterprise
  • Ambica Enterprise
  • Bac Quang Trading Investment JSO
  • Gralimex Import Export Joint Stock Company
  • Palaya Eco Natural Farm Corporation
  • Pt. Arkananta Lestari Energina
  • AMT International
  • Hang Xanh International Co. Ltd.
  • Nong Trai Xanh

 Innovations and Development in Global Corn Silage Market

As of now, there is no major supplier for Corn Silage as corn farmers directly sell it to cow-keeper as feed. This can also cause inconsistent feed with uneven distribution of nutrients. Manufacturers have identified this as an opportunity to supply Corn Silage as a feed for milking and beef cows to provide them with essential nutrients.

Manufacturers are aiming at producing high-quality silage which is fermented, high moisture content. This helps in reducing the volume of feed hence lessening the cost to store feed and restore all the essential nutrients required by cattle and sheep.

Manufacturers are acquiring state-of-the-art technology for 100% computerization and procedure control mechanism for keeping up the consistent quality and nutrition value throughout all the batches of silage. These technologies are partnered up with government institutions for striving up the dairy market and countries economy.

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The Report Covers Exhaustive Analysis on

  • Corn Silage market segment
  • Corn Silage market dynamics
  • Corn Silage market size
  • Corn Silage supply and demand
  • Current trends/issues/challenges pertaining to Corn Silage industry
  • Competition landscape and emerging market participants in Corn Silage industry
  • Technology related to production/processing of Corn Silage
  • Value chain analysis of the Corn Silage industry

Regional Analysis Includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

The Corn Silage market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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:

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Grain Mill Grinder Market: Anticipated to Reach US$ 1,547.8 Million by 2033 with 4.6% CAGR, Driven by Rising Consumer Preference for Freshly Milled Flour

Grain Mill Grinder Market
Grain Mill Grinder Market

According to Future Market Insights, the global grain mill grinder market is forecast to grow from US$ 987.2 Mn in 2023 to US$ 1,547.8 Mn by 2033. Overall grain mill grinders demand is slated to rise at 4.6% CAGR between 2023 and 2033.

Rising demand for fresh flour across the globe is a key factor driving the global grain mill grinder market forward and the trend is expected to continue during the forecast period.

A grain mill grinder is an appliance that pulverizes whole grains into flour, meal, or grits. The different types of grinders use either burr stones or steel plates to crush and grind the grain. There are also hand-operated mills available.

The global grain mill grinder market is expected to witness significant growth in the coming years owing to the growing demand for healthy and nutritious food. This is resulting in a growing preference for freshly ground flour and cereals, which is expected to boost the demand for grain mill grinders.

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People are now more aware of the link between diet and health, and they are looking for ways to improve their overall health. This has led to an increase in demand for products that can help them eat healthier, such as grain mill grinders.

Similarly, growing application in animal feed milling and oilseed milling will elevate demand for grain mill grinders over the projection period (2023-2033)

Key Takeaways from the Grain Mill Grinder Market Study:

  • During the projection period (2023-2033), the grain mill grinder market is expected to accelerate at a CAGR of 4.6%.
  • Based on type, burr grain mill grinder segment holds a significant share of the global market.
  • By application, flour milling segment will continue to dominate the global grain mill grinder market during the forecast period.
  • The U.S. holds approximately 35.2% share of the worldwide grain mill grinder market.
  • Grain mill grinder demand in India is expected  to surge at 6.4% between 2023 and 2033.
  • The U.K. grain mill grinder market is poised to exhibit a CAGR of 6.3% over the projection period.

Who is winning?

Some of the key players operating in this market include Cargill Inc., General Mills, Inc., Archer Daniels Midland Company, and Bunge Limited. These players are using a variety of strategies such as new product launches, acquisitions, partnerships, and collaborations to increase their revenue share.

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Segmentation of Grain Mill Grinder Industry

By Type:

  • Burr Grain Mill Grinder
    • Wheels
    • Discs
  • Blade Grain Mill Grinder
    • Horizontal
    • Vertical
  • Impact Grain Mill Grinder
    • Hammer Mills
    • Plate Mills

By Application:

  • Flour Milling
    • Bread Flour
    • Biscuit/Cookie Flour
    • Pasta Flour
  • Animal Feed Milling
  • Oilseed Milling

By Sales Channel:

  • Online
  • Offline

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
  • RoW

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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.
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T: +1-845-579-5705
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Poultry Farming Equipment Market Set to Reach US$ 6,300 Million by 2033 with 6.0% CAGR Growth, Fueled by Rising Consumption of Chicken Products

Poultry Farming Equipment Market
Poultry Farming Equipment Market

The poultry farming equipment market is estimated to rise from US$ 3,518 million in 2023 to US$ 6,300 million by 2033. The demand for poultry farming equipment is expected to rise at a CAGR of 6.0% during the forecast period.

The sales of poultry farming equipment have also been boosted by increased government investments in animal production and technologies like electric brooders and automatic feeding systems to enhance productivity and decrease manual labor. Furthermore, the increasing adoption of cage-free poultry production systems is a significant factor driving the growth of the global poultry farming equipment industry. In developing countries like India, these issues are very common. Electronic climate controllers feed weighing systems, cooling system controllers, egg counters, etc., are some of the key trends in the global poultry farming equipment market.

The adoption of automatic processing poultry farming is a boon for the market for poultry farming equipment. Farms are using better machinery to ensure the production of chickens of the highest caliber. For poultry operations, quality has become crucial due to the increase in demand. The increased demand for processed food in big quantities is forcing producers of processed poultry to boost their manufacturing capacities and reduce their delivery times.

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As the number of small and medium-sized companies (SMEs) expands in emerging nations to support and promote local businesses, the demand for poultry farming equipment is anticipated to rise. These enterprises need pre-processed chicken products to satisfy client demands on time and to maintain strict food safety and hygiene requirements.

One of the main factors driving the growth of the global poultry farming equipment market revenue is the rising demand for poultry meat as well as the swift adoption of innovative poultry farming techniques. Additionally, the expanding usage of technologically improved poultry farming equipment and the greater emphasis on food safety, quality, and cleanliness in poultry farms have helped to enhance the market’s income.

Key Takeaways from the Poultry Farming Equipment Market:

  • With a CAGR of 6.3% during the projected period, the automated category is expected to rule the poultry farming equipment market.
  • The chicken category held the largest revenue share in the market in 2023, and it is expected to continue to dominate during the forecast period.
  • The poultry farming equipment market in the United States is expected to exceed US$ 982.2 Mn by 2033, growing at a CAGR of 29.6% during the forecast period.
  • The poultry farming equipment industry in the United Kingdom is expected to be valued at US$ 594 million by 2033, rising at a CAGR of 6.4% during the forecast period.
  • Germany’s poultry farming equipment business is expected to be valued at US$ 520.8 million by 2033, rising at a 15.7% CAGR over the forecast period.
  • The poultry farming equipment market in Japan is expected to reach US$ 270.6 million by 2033, growing at a steady CAGR of 4.8% during the forecast period.
  • China holds a 9.7% market share in the poultry farming equipment market and is expected to develop at a CAGR of 4.8% over the projected period.
  • Due to the large consumption of chicken meat in the region, it is predicted that China’s poultry farming equipment market would reach US$ 514.6 Mn by 2033.

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Who is Winning?

Major players operating in the poultry farming equipment market include LUBING Maschinenfabrik Ludwig Bening GmbH & Co. KG, Farming Equipment Market includes Big Dutchman International GmbH, Jamesway Incubator Company, Jansen Poultry Equipment, ME International Installation GMBH, Tecno Poultry Equipment Spa, Petersime NV, Valco Companies, Inc., OFFICINE FACCO & C. Spa, and Vencomatic Group.

Major manufacturers of poultry farming equipment, such as FACCO, Valco, Vencomatic, and Tecno, are focusing on expanding their geographic reach by opening new offices, forming alliances with regional rivals, or buying them outright. Additionally, companies are expanding the range of items they offer. Many players are using virtual reality programs, which allow the company to exhibit its systems and technologies.

  • In March 2021, Vencomatic increased the selection of Prinzen products. To meet the increased need for automated egg-handling technology, the Prinzen Palletiser was developed. The Palletiser functions independently and may be connected to any suitable farm packer. It can move four stacks of trays at once and transport 110 cases, or 40,000 eggs, every hour on pallets.
  • After selecting Trust System as its Saudi Arabian sales partner, Jamesway Incubator Company declared its entry into the Middle East in June 2020. Trust System was introduced to Jamesway’s sales network to promote and market the company’s line of incubators and accessories to potential and existing customers in the region.

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Key Segments Covered in the Report

By Product Type:

  • Incubators & Brooder
  • Hatchers
  • Watering & Feeding System
  • Vaccination System
  • Egg Handling Equipment
  • Egg Collecting Equipment
  • Cage System
  • Washers & Waste Removal Systems
  • Ventilation
  • Lighting
  • House System
  • Others

By Poultry:

  • Chicken
  • Duck
  • Turkey
  • Others

By Operation:

  • Manual
  • Semi-automatic
  • Automatic

By Distribution Channel:

  • Offline
  • Online

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

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
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Energy Intelligence Solution Market En Route to US$ 6.1 Billion by 2032, CAGR 15.2%

The global market for energy intelligence solution market is anticipated to be US$ 4.6 billion in 2022 and US$ 6.1 billion in 2032. In the forecast period from 2022 to 2032, it is predicted to expand at a CAGR of 15.2%. Sales of energy intelligence solutions will be boosted by the rising demand for smart meters to start two-way communication between customers and businesses.

Energy intelligence solutions are now a part of energy management solutions. It has two advantages over energy management software: first, it provides intelligence to reduce energy waste in addition to being a tool for viewing meter data.

Furthermore, it offers comprehensive subject-matter expertise for managing energy using the obtained energy data. Support for open standards, the ability to measure and verify results, insights, and analysis of recorded data, portability and accessibility, automation and control, and an integrated platform are all features of energy intelligence solutions. Food and beverage, automotive, metal manufacturing, oil and gas, petrochemicals, electronics and telecommunications, utilities, and other industries employ energy intelligence systems.

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Global Energy Intelligence Solution Market Segmentation:
Based on service type, deployment model, and end-user, the global market for energy intelligence solutions is divided into subgroups. The global market for energy intelligence solutions is divided into three categories based on service types: consultancy services, support & maintenance services, and system integration services. There are two categories of deployment for energy intelligence solutions: on-premises deployment and cloud-based deployment.

Energy intelligence solutions help with energy savings across numerous industry sectors. Residential structures, office and commercial spaces, manufacturing facilities, and other buildings are among the end customers of energy intelligence solutions.

Global Energy Intelligence Solution Market: Region-wise Outlook:
The global energy intelligence solution market is divided into seven geographical regions – North America, Latin America, Asia-Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Western Europe, and Middle East & Africa. The global energy intelligence solution market is expected to reflect a double-digit CAGR over the forecast period. At present, North America is dominating the market followed by Western Europe.

Among all the regions, APEJ is expected to create huge market opportunities for major players operating in the energy intelligence solution market during the forecast period. Latin America and Middle East & Africa regions are reflecting comparatively slow growth during the forecast period.

Global Energy Intelligence Solution Market: Drivers:
Increasing energy consumption and the rising need for advanced energy management solutions for residential, commercial, and industrial areas are the prominent factors responsible for the evolution of energy intelligence solutions. Organizations around the world are focusing on significantly reducing their energy consumption bills through efficient utilization of energy.

Energy-intensive applications such as power & energy, industrial manufacturing, and telecommunication need to control their CO2 emissions to comply with existing legislation and standards. Energy intelligence solutions provide a competitive advantage to businesses and extend their responsibility toward sustainable economic development.

The aforementioned are some of the factors that are expected to drive the global energy intelligence solution market growth shortly. On the other hand, a long period on return of investment, lack of knowledge, and difficulties in handling technical issues related to energy intelligence solutions limit its full-fledged market growth.

Global Energy Intelligence Solution Market: Key Players

The energy intelligence solution market is highly competitive and diversified, characterized by the active presence of many big players.

  • Intel Corporation
  • General Electric
  • Salesforce.com, Inc.
  • TIBCO Software Inc.
  • Eaton
  • SAS Institute, Inc.
  • Microsoft
  • Oracle
  • Atos SE
  • IBM
  • Siemens
  • Google LLC
  • Amazon Web Services, Inc.
  • Copyright Microstrategy Incorporated
  • SAP
  • Teradata
  • Cisco
  • Alteryx
  • Schneider Electric
  • Open Text Corporation

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Energy Intelligence Solution Market Segmentation:

By Service Type:

  • Support and Maintenance Service
  • Consulting Services
  • System Integration Service

By Deployment Model:

  • Cloud-based
  • On-Premise

By Industry Vertical:

  • Manufacturing Units
  • Offices and Commercial Areas
  • Residential Buildings

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
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Chilled Soup Market with a Projected US$ 1304.74 Million Value by 2033, Driven by Rising Demand for Healthy Snacks and Fruit-Flavored Options

Chilled Soup Market
Chilled Soup Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of chilled soup are estimated to expand from US$ 801 Mn in 2023 to US$ 1304.74 Mn in 2033, surging at a 5% CAGR through the decade.

There is a growing acceptance of frozen foods throughout the world, which is driving the growth of the chilled soup market worldwide. Manufacturers are introducing frozen confectioneries, yogurts, and other snacks to meet this rising demand.

There has been a flood of fruit-flavoured chilled soups that promote health and taste as a tasty snack. Companies are positioning drinkable chilled soups as cold-pressed, sweet soups. As far as reducing sugar intake is concerned, consumers seem to prefer vegetables or even savoury options.

Over the past several years, consumers around the world have become increasingly interested in healthy snacking served chilled, especially during the summer months. Of the many flavours available, fruit-flavoured soup has gained new popularity among consumers who wish to experience new sensory perceptions through the consumption of soup.

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This market is experiencing growth due to the increasing demand for savoruy options. Soups with a sweet taste have gained traction over the years due to the growing demand for healthy snacks.

Due to the growing popularity of ready-to-eat snacks and beverages in developing economies, chilled soup has become increasingly popular among a variety of demographics. As a result of specialty distribution channels in urban areas of emerging economies, demand for such products has increased significantly.

A trend of personalization adopted by chilled soup brands has opened up new avenues in the market in recent times. The rise of organized retail formats is enhancing the prospects of players in the chilled soup market.” says a lead analyst at Future Market Insights.

Key Takeaways from Market Study

  • The market for chilled soup is expected to grow at a CAGR of 5% over the forecast period.
  • According to estimates, the chilled soup market in the United States will remain strong throughout the length of the forecast period.
  • In the market, the pouches segment of the packaging classification appears to be predicted to lead through 2033. PET bottles have also gained a lot of attention.
  • Supermarkets are the most popular distribution channel in the global chilled soup market.
  • It is expected that the chilled soup market in China will demonstrate a high level of growth by the year 2033.

Competitive Landscape:

In the chilled soup market, there are numerous international and regional players competing, making it highly competitive. Several prominent companies dominate this market, including Campbell Soup Company, Unilever, General Mills, Nestle SA, Kraft Heinz Company, PepsiCo, Inc., Sonoma Brands, Soupologie, The Billington Group, Tio Gazpacho, and Woolworths Group Limited.

It is a highly consolidated market, with these players holding the majority share. Companies are focusing on price, quality, ingredients, and promotions to gain a dominant market share.

These companies are investing more in research and development (R&D) to develop consumer-driven flavors and ingredients to expand their presence and maintain their position in the market.

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Recent Developments:

  • An organic and chilled soup that can be consumed right away was introduced by ZÜPA NOMA in 1000 U.S. stores in 2016.
  • In 2021, Pacific Foods, a subsidiary of Campbell Soup Company, introduced plant-based soups and broths that are vegan and organic, and are certified by the USDA as vegan and organic.
  • Clarity Food Ventures LLC introduced a product line of refrigerated soup kits in 2020. These soups take less than three minutes to make and come in different flavors.
  • Kikkoman Corporation inaugurated a dedicated research & development center in Japan to reinforce the focus on the taste and innovations of sauces in the country in August 2019.

Chilled Soup Market by Category

By Packing Type, the Chilled Soups Market is Segmented as:

  • PET Bottles
  • Carton Packaging
  • Cups/Tubs
  • Pouches

By Distribution Channel, Chilled Soup Market is Segmented as:

  • Supermarket/Hypermarket
  • Premium Grocery Stores
  • Online Retail
  • Direct Selling

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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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Hog Feeder Market Projected to Reach US$ 2,516 Billion by 2033 with 5.1% CAGR, Driven by Growing Demand for Premium Hog Meat

Hog Feeder Market
Hog Feeder Market

The hog feeder market is expected to grow from US$ 1,530 million in 2023 to over US$ 2,516 million by 2033. The adoption of hog feeders is expected to rise at a CAGR of 5.1% during the forecast period.

Due to the inefficiency of manual machinery and the high labor expenses associated with operating manual or semi-automatic feeders, the demand for automated hog feeders has increased. Hog feeder devices that are highly user-friendly and practical are being developed by the makers. Due to the expanding hog population and rise in disposable money, automatic hog feeder sales have surged. These are the factors that are propelling the development of automatic hog feeder equipment on a global scale.

Additionally, farmers are more interested in employing autonomous hog feeder equipment to reduce labor needs and enhance hog productivity due to the surge in demand for hog meat and associated goods throughout the world. Therefore, during the projected period, these factors are anticipated to increase the adoption of hog feeder equipment.

The rising demand for animal protein, notably in the form of meat, is expected to enhance hog output, which is also expected to hasten the growth of the hog feeder sector. Pork is highly popular among the people of various economies because of its fair price structure. Sales of hog feeders are expected to increase throughout the projection period as a result of well-established pork markets in western countries and expanding trade in livestock and pork across several global economies.

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Key Takeaways from the Hog Feeder Market

  • The bunk feeder category is estimated to dominate the market for hog feeders, with a predicted CAGR of 6.9% throughout the research period.
  • The stainless-steel hog feeders market is anticipated to grow at a CAGR of more than 5.89% by 2033 due to stainless steel’s resistance to corrosion, tensile strength, and durability.
  • By 2033, the U.S. hog feeder market is projected to reach US$ 433.8 million, growing at a CAGR of 8.3%. Additionally, the growing demand for pork-based goods is having an impact on the growth of this industry in the US.
  • By 2033, the German hog feeder market is projected to be valued at US$ 227.0 million, expanding at a CAGR of 15.6%.
  • By 2033, the Japanese hog feeder market is expected to reach US$ 270.6 million, growing at a robust CAGR of 4.8%.
  • China holds a 10.1% market share in the global hog feeder market and is expected to develop at a CAGR of 4.1% over the projected period.
  • Due to the large hog consumption in the area, it is predicted that China’s hog feeder sector is likely to reach US$ 219.5 by 2033.

Who is Winning?

Major corporations in the hog feeder industry are focusing on mergers and acquisitions and collaborating with regional firms to increase their market share in the global market. To gain a competitive edge, the government, equipment manufacturers, commercial distribution utilities, and service providers are substantially investing in research and development activities to reduce power outages and raise the demand for automated hog feeding systems.

Due to the existence of some of the big players, the hog feeder industry has strong competition. The hog feeder industry is moderately concentrated, and numerous well-known corporations use strategies including product innovation, mergers, and acquisitions to outperform competitors.

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 Recent Developments in the Hog Feeder Market:

  • In May 2022, ANDRITZ revealed three new developments in animal and aqua feed equipment: the micro feed system, the 3-Rolls assembly update for the Paladin 2000, and the metris vibe. The aqua feed-specific extruder is used in this micro feed system. When compared to conventional extrusion machines, the technology increases capacity by 40% with a size of less than 2mm.
  • The Kahl Group member F.H. Schule Mühlenbau and Bratney Companies signed a strategic collaboration agreement in July 2019. This partnership includes joint distributorship, sales, and promotional efforts in the United States for both new and existing milling facilities.

Key Segments Covered in the Report

By Product Type:

  • Hay Feeders
  • Bunk Feeders
  • Feed Feeders
  • Lick Feeders

By Material:

  • Stainless Steel
  • Mild Steel
  • Plastic
  • A mix of Plastic & Stainless steel

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

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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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Natamycin Market Projected to Reach US$ 102.7 Million by 2032 with 6.8% CAGR Growth, Driven by Rising Demand in Food Preservation and Pharmaceutical Applications

Natamycin Market
Natamycin Market

According to Future Market Insights, the global natamycin market is estimated to reach a value of US$ 61.0 Mn in 2022. Furthermore, overall natamycin sales are slated to increase at 6.8% CAGR between 2022 and 2032, surpassing a valuation of US$ 102.7 Mn by 2032.

Demand for natamycin is expected to rise dramatically as a result of its use in numerous sectors, including agriculture, cosmetics and personal care, animal feed, poultry, and medicine for treating fungal infections as well as preserving products.

Natamycin has become one of the commonly used preservatives in food products like sausages, mushrooms, and cheese to prevent the growth of yeasts and molds. It helps food manufacturers to naturally extend the shelf life of products and reduce food waste.

Demand for natamycin is expected to grow significantly during the forecast period due to its wide range of applications in food products such as cheese, processed meat, fruits & vegetables, bakery items, beverages, and others.

Similarly, growing demand for processed and packaged food products as a result of changing lifestyles and eating habits will boost natamycin sales during the projection period.

In addition to this, rising usage of natamycin as an effective antifungal medicine in pharmaceutical industry will create growth prospects for the market over the next ten yearsNatamycin is being increasingly used to treat fungal infections around the eye. It works by stopping the growth of certain fungi including candida, fusarium, and aspergillus.

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Key Takeaways from Market Study

  • By form, the powder segment holds the largest share of the global natamycin market.
  • Based on application, the food and beverage segment will continue to dominate the global market during the forecast period.
  • North America is expected to hold around 41.0% market share in 2022.
  • Currently, the U.S. holds approximately 92.3% share of the North America market.
  • Europe is expected to account for over 24.9% share of the worldwide natamycin industry during the forecast period.
  • Germany holds nearly 20.4% share in the Europe market.
  • With rising demand for natural food preservatives, China holds 54.2% market share in the East Asia market.

“The demand for preservatives in meat and dairy products like sausages and cheese is growing, which is driving the natamycin market. Besides this, increasing consumption of packaged foods due to changing lifestyles and eating habits boost natamycin sales during the forecast period.”-says a lead analyst at Future Market Insights.

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Who is Winning?

Leading companies offering natamycin include DSM, Danisco, Handary, VGP, Silver-Elephant, and AMTECH BIOTECH. These key players are continuously focusing on increasing their production capacities and adopting merger & acquisition strategy to stay ahead of the competition.

Natamycin Industry by Category

By Form:

  • Powder
  • Liquid

By Application:

  • Food and Beverage
  • Pharmaceuticals
  • Nutraceuticals
  • Cosmetics & Personal Care
  • Pet Food
  • Animal Feed

By Region:

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

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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
LinkedInTwitterBlogs | YouTube

Softgel Encapsulation Machine Market Growth: Industry Surpasses to US$ 159.6 Million by 2032

The global softgel encapsulation machine market size is set to be valued at US$ 104.5 Mn in 2022 and is projected to grow at a CAGR of 4.3% from 2022 to 2032. The market is anticipated to reach a valuation of US$ 159.6 Mn by 2032.

Ongoing advancements in the techniques for creating capsules has increased the demand for new softgel encapsulation machinery. The softgel encapsulation machine market is expected to grow as a result of the urgent need for more automatic softgel encapsulation machines for large-scale softgel manufacturing. Increasing demand for health supplements in both emerging and mature economies is also fueling the softgel encapsulation machine market.

According to the new FMI analysis, Europe is anticipated to continue to be the most lucrative softgel encapsulation machine market, making up more than one-third of global sales by 2022. Demand for softgel encapsulation machines is directly impacted by growth of the pharmaceutical industry, which has been expanding steadily in recent years.

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Softgel encapsulation machines are mainly utilized for high volume and quick production, reflecting the vitality of the pharmaceutical business. High production is provided by the softgel encapsulation machine, which also allows for the filling of various products.

Softgel encapsulation machine is also very simple to assemble and disassemble, which makes machine maintenance simple. Moreover, the pharmaceutical and nutraceutical industries place a high priority on hygiene.

Softgel encapsulation machines are efficient and upholds hygiene when producing softgel liquid capsules. Due to this, there are a few possibilities for cross-contamination. Owing to their simplicity in terms of use, softgel encapsulation machines can significantly reduce labor costs.

Key Takeaways from the Softgel Encapsulation Machine Market Study

 Germany softgel encapsulation machine market is estimated to grow at a CAGR of 8% in the forecast period.

  • China is anticipated to hold around 8% CAGR in the East Asia softgel encapsulation machine market from 2022 to 2032.
  • The softgel encapsulation machine market in the U.S. is projected to create an incremental opportunity of nearly US$ 9.4 Mn in the next ten years.
  • By level of automation, the fully automatic segment is anticipated to account for more than 6% of the global softgel encapsulation machine market share by the end of 2032.
  • Based on type, the oil-softgel encapsulation machine segment is projected to hold more than 84% of the global softgel encapsulation machine market share by 2032.

Competitive Landscape: Softgel Encapsulation Machine Market

Some of the key players in the softgel encapsulation machine market are ACIC Pharmaceuticals Inc., U.S Pharmaceutical Equipment, CapPlus Technologies, United Pharmatek, Joysun Mech-Tech, Volks Vita, Changsung Softgel System Ltd., ACG World, Qualicaps, Kamata Machine Co., Ltd., Beijing Xin Hang Cheng Technology Development Co., Ltd., and Hedagel among others.

Key manufacturers are mainly focusing on increasing their regional market share and are involved in distributing their products in the local markets by expanding their dealer network. Players are also collaborating with local distributors to supply their products globally.

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North America Pressure Regulating Valves Market Demand Rising to Hit US$ 1,293.5 Million by 2032

Pressure regulating valves (PRVs) are the unsung heroes of countless industrial processes, ensuring smooth operation by maintaining consistent pressure levels in fluid systems. The North American pressure regulating valves market is experiencing steady growth, driven by various factors. Here, we delve into the key drivers propelling this market, identify opportunities for manufacturers, and explore the exciting future potential of this vital sector.

As per the latest analysis from Future Market Insights (FMI), the North America Pressure Regulating Valves Market is projected to experience robust growth between 2022 and 2032, with a compound annual growth rate (CAGR) of 5.1%. By the year 2032, the market is expected to reach a substantial valuation of US$ 1,293.5 Million, reflecting the increasing demand and adoption of pressure regulating valves across various industries in the region.

Growth Factors: Building Up Steam

  • Rising Industrial Activity: The resurgence of manufacturing and ongoing industrial expansion across sectors like oil & gas, chemicals, and power generation are driving demand for PRVs to regulate pressure in various applications.
  • Focus on Safety and Efficiency: PRVs play a crucial role in ensuring safe and efficient operation of industrial equipment by preventing overpressure situations that could lead to equipment damage or accidents.

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  • Stringent Regulations: Increasingly stringent regulations regarding safety standards and environmental protection are pushing industries to adopt reliable and efficient pressure control solutions, bolstering the PRV market.
  • Growing Adoption of Automation: The rise of automation in industrial processes necessitates precise pressure control, leading to a higher demand for advanced PRVs with automation capabilities.
  • Infrastructure Development: Investments in infrastructure projects such as pipelines and water treatment facilities create demand for PRVs to regulate pressure in these systems.

Opportunities for Manufacturers: A Valve to Success

  • Specialization: Developing PRVs tailored for specific industries, catering to unique pressure control requirements in sectors like oil & gas or food & beverage.
  • Innovation: Focusing on advancements in materials, design, and functionality. This could include:
    • Improved Durability and Corrosion Resistance: For harsh operating environments.
    • Enhanced Control Accuracy: For processes demanding precise pressure regulation.
    • Integration with Smart Technologies: Developing PRVs with sensors and connectivity features for real-time monitoring and control.
  • Focus on Sustainability: Manufacturing PRVs with eco-friendly materials and designs that minimize energy consumption and waste generation.
  • Aftermarket Services: Offering comprehensive aftermarket support like spare parts, maintenance programs, and technical expertise can generate recurring revenue and customer loyalty.
  • Regional Focus: Catering to specific needs within the vast North American market, considering factors like regulations and industry trends in different regions.

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Future Scope: A Pressure for Progress

    • Digitalization and Smart Valves: The future might see a rise in “smart” PRVs equipped with sensors, allowing for real-time monitoring, remote control, and predictive maintenance capabilities.
    • Advanced Materials: Developments in material science could lead to the creation of PRVs with even greater strength, durability, and corrosion resistance for demanding applications.
    • Focus on Self-Diagnostics: PRVs with self-diagnostic features that can identify potential issues and alert operators for preventative maintenance could gain traction.
    • Energy Efficiency: Manufacturers might prioritize designing PRVs with features that minimize energy consumption and pressure loss within fluid systems.