#UK Nutritional Analysis Market
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Pet Treats Market| Analysis, Growth and Forecast, 2024 – 2028
Originally published on Technavio: Pet Treats Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Germany, France, UK - Size and Forecast 2024-2028
The Global Pet Treats Market is poised for substantial growth across key regions, including North America, Europe, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA). In-depth market analysis for the period 2024-2028 provides insights into the trends and factors shaping the industry, with a specific focus on major countries such as the United States, China, Germany, France, and the United Kingdom.
In North America, the pet treats market is expected to experience robust expansion driven by the increasing humanization of pets and the rising trend of premiumization in pet food products. The United States, being a major contributor to the regional market, witnesses a growing demand for high-quality and nutritious pet treats. The emphasis on health and wellness, coupled with the popularity of natural and organic pet snacks, fuels the market's growth in the region.
Europe, with its pet-loving culture and discerning pet owners, is anticipated to witness significant traction in the pet treats market. Countries like Germany, France, and the United Kingdom are key players in shaping the regional landscape. The market is influenced by factors such as the premiumization of pet treats, the demand for innovative and functional treats, and the increasing awareness of pet health and nutrition.
In the Asia-Pacific region, particularly in China, the pet treats market is on an upward trajectory owing to the expanding pet ownership, increasing disposable incomes, and a shift towards pet humanization. The market in China is characterized by a growing middle class that is willing to invest in high-quality and specialty pet treats. The overall APAC region is witnessing a surge in pet treat consumption, driven by a rising awareness of pet well-being and the desire for novel and exotic pet food options.
South America is emerging as a promising market for pet treats, with countries like Brazil showcasing increasing pet ownership and a growing market for premium pet products. The region's changing demographics and lifestyle trends contribute to the rising demand for convenient and nutritious pet treats.
In the Middle East and Africa, the pet treats market is gaining traction as pet ownership rises, driven by changing lifestyles and increasing urbanization. The region's market is characterized by a preference for premium and imported pet treats, with a focus on natural and organic ingredients.
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In summary, the global pet treats market is witnessing dynamic growth across North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market dynamics in the United States, China, Germany, France, and the United Kingdom play a pivotal role in shaping the industry's landscape during the forecast period from 2024 to 2028. The trends of pet humanization, premiumization, and a focus on pet health and nutrition are key drivers influencing the market's trajectory across these regions.
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AgBoost SCALES: AI-Powered Genetic Data Analysis Software for Cattle Producers in US, Brazil, Canada, China & UK
For Cattle Genetic Analysis, AgBoost after years of product development and field testing, announced the global commercial expansion of its AI-ENABLED cloud-based data analysis platform that helps cattle producers interpret genomic data for selective breeding, health, market value and nutrition management.
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Global Biosensors Market Analysis 2024: Size Forecast and Growth Prospects
The biosensors global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Biosensors Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The biosensors market size has grown rapidly in recent years. It will grow from $31.01 billion in 2023 to $24.63 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to increased focus on preventive healthcare, rising prevalence of chronic diseases, growing demand for point-of-care diagnostics, and expanding applications in environmental monitoring and food safety.
The biosensors market size is expected to see rapid growth in the next few years. It will grow to $54 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to the proliferation of wearable health devices, the surge in demand for rapid diagnostic tests, advancements in data analytics and connectivity, the emergence of precision medicine initiatives, the increasing focus on environmental monitoring and food safety regulations, and the expansion of applications in personalized nutrition and wellness. Major trends in the forecast period include increased demand for wearable biosensors, expansion of point-of-care testing, integration of artificial intelligence and machine learning, growth in chronic disease management solutions, rising adoption of biosensors in agriculture, and environmental monitoring.
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Scope Of Biosensors MarketThe Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Biosensors Market Overview
Market Drivers -The rising prevalence of chronic disorders is expected to propel the growth of the biosensors market going forward. Chronic disorders refer to long-term medical conditions that persist over an extended period, often requiring ongoing management and treatment to control symptoms and maintain quality of life. Chronic disorders are on the rise due to a combination of factors, including sedentary lifestyles, poor dietary habits, genetic predispositions, and environmental pollutants. Biosensors enable early detection and continuous monitoring of biomarkers, revolutionizing the management of chronic disorders. For instance, in June 2023, according to the data published by The Lancet, a UK-based book and periodic data publishing organization, global diabetes cases are projected to increase from 529 million in 2021 to 1.3 billion by 2050. Therefore, the rising prevalence of chronic disorders is driving the growth of the biosensor market.
Market Trends - Major companies operating in the biosensors market are focused on developing advanced non-invasive monitoring products, such as real-time sweat patches, to address the increasing need for convenient and accurate health monitoring solutions. A real-time sweat patch is a wearable biosensor that continuously monitors biomarkers in sweat, providing immediate health insights. For instance, in December 2022, Nix Biosensors, a US-based biosensors product company, launched Nix Hydration Biosensor, a breakthrough in consumer biosensor technology providing personalized hydration data for endurance athletes through sweat analysis. The product includes a comfortable, non-invasive sweat patch, which continuously monitors fluid and electrolyte levels, and a durable pod for data transmission to the Nix App. The app offers real-time hydration insights to aid in athletes' preparation for activities. Nix aims to revolutionize how athletes manage hydration during exercise with its innovative features and scientific validation.
The biosensors market covered in this report is segmented –
1) By Product: Wearable Biosensors, Non-Wearable Biosensors 2) By Technology: Electrochemical Biosensors, Optical Biosensors, Piezoelectric Biosensors, Nano Mechanical Biosensors, Thermal Biosensors, Other Technologies 3) By Application: Medical, Food Toxicity, Bioreactor, Agriculture, Environment, Other Applications
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Regional Insights - North America was the largest region in the biosensors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biosensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the biosensors market are Johnson & Johnson, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Danaher Corporation, Siemens Healthineers, Becton Dickinson and Company, Agilent Technologies, Illumina Inc., Sartorius AG, BioMérieux SA, Cytiva, PerkinElmer Inc., Sysmex Corporation, Dexcom Inc., Bio-Rad Laboratories, Bruker Corporation, HORIBA Ltd., Lifescan Inc., Nova Biomedical, Bio-Techne Corporation, Sensirion AG, Proteus Digital Health, Acon Laboratories Inc., 908 Devices Inc.
Table of Contents 1. Executive Summary 2. Biosensors Market Report Structure 3. Biosensors Market Trends And Strategies 4. Biosensors Market – Macro Economic Scenario 5. Biosensors Market Size And Growth ….. 27. Biosensors Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Aptamers Market In-Depth Analysis of Industry Share, Growth Outlook 2030
The global aptamers market was valued at USD 1.94 billion in 2022 and is projected to expand with a robust compounded annual growth rate (CAGR) of 24.54% from 2023 to 2030. The rise in interest among researchers in aptamers is driven by advancements in aptamer generation, purification, and targeted drug delivery techniques that kill target cells. Aptamers offer competitive advantages, such as small molecular size, low immunogenicity, cost-effective manufacturing, and fewer side effects compared to antibodies. These advantages are likely to fuel research and development (R&D) in novel aptamer technologies, subsequently propelling the growth of the aptamers market. Despite significant global research efforts, highly effective treatments for COVID-19 remain limited due to extensive genetic mutations of the virus. However, aptamer-based biotechnological approaches present a promising potential in COVID-19 treatment.
Aptamer-based diagnostic products are increasingly preferred by diagnostic and pathology laboratories for disease diagnosis at the cellular level, given their small size, high specificity, selectivity, and efficacy. The prevalence of diseases such as cancer, cardiovascular disease (CVD), and age-related macular degeneration (AMD) is anticipated to lead to a higher patient turnout in laboratories for diagnostic purposes, boosting demand for aptamer-based diagnostic products. Cancer Research UK projects that approximately 27.5 million individuals could be diagnosed with cancer by 2040, underscoring the increasing need for advanced diagnostics.
Gather more insights about the market drivers, restrains and growth of the Aptamers Market
In March 2022, SomaLogic initiated the assay of samples through its SomaScan Assay for the European Prospective Investigation into Cancer and Nutrition (EPIC) study, analyzing 210 million protein measurements from 30,000 samples. This large-scale study aims to support cancer prediction by enhancing the understanding of cancer, potentially addressing the rising demand for cancer diagnostics and contributing to market growth.
Currently, Macugen, developed by Eyetech Pharmaceuticals, Inc. (now commercialized by Bausch Health Companies Inc.), remains the only FDA-approved therapeutic aptamer in the U.S. since its approval in 2004. It is prescribed for treating AMD. Ongoing technological advances in research continue to direct scientific focus toward developing new aptamer-based drugs to treat various conditions. Several products are in clinical trials, including Zimura, developed by IVERIC Bio, Inc., for treating AMD. The anticipated approval of such drugs could further stimulate market growth in the near future.
Application Segmentation Insights:
The aptamers market is segmented based on application into diagnostics, therapeutics development, research and development, and others. The research and development (R&D) segment accounted for the largest market share at 31.38% in 2022, driven by the rising demand for aptamers and increasing R&D activity in the field. Key players have pursued various strategic initiatives, such as collaborations, partnerships, and agreements to support aptamer-based diagnostics and therapeutic development. For instance, in June 2021, SomaLogic and Ixaka Ltd entered into a research partnership to facilitate the discovery and development of bispecific therapeutics using aptamers. This partnership specifically explores the safety and efficacy of antigen-specific SOMAmer reagents, which is expected to further boost growth in the R&D segment.
The therapeutics segment is anticipated to grow rapidly, with a projected CAGR of 26.08% from 2023 to 2030. Aptamers offer several advantages over traditional protein therapeutics, including the ability to design antidotes in a targeted way (a challenge with antibodies), synthetic accessibility, and modifications through medicinal chemistry. These factors collectively enhance the therapeutic segment's market strength. However, therapeutic aptamers face challenges with nuclease resistance, which could potentially hinder growth in this segment.
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Aptamers Market Leading Players, Technological Analysis And Forecast till 2030
The global aptamers market was valued at USD 1.94 billion in 2022 and is projected to expand with a robust compounded annual growth rate (CAGR) of 24.54% from 2023 to 2030. The rise in interest among researchers in aptamers is driven by advancements in aptamer generation, purification, and targeted drug delivery techniques that kill target cells. Aptamers offer competitive advantages, such as small molecular size, low immunogenicity, cost-effective manufacturing, and fewer side effects compared to antibodies. These advantages are likely to fuel research and development (R&D) in novel aptamer technologies, subsequently propelling the growth of the aptamers market. Despite significant global research efforts, highly effective treatments for COVID-19 remain limited due to extensive genetic mutations of the virus. However, aptamer-based biotechnological approaches present a promising potential in COVID-19 treatment.
Aptamer-based diagnostic products are increasingly preferred by diagnostic and pathology laboratories for disease diagnosis at the cellular level, given their small size, high specificity, selectivity, and efficacy. The prevalence of diseases such as cancer, cardiovascular disease (CVD), and age-related macular degeneration (AMD) is anticipated to lead to a higher patient turnout in laboratories for diagnostic purposes, boosting demand for aptamer-based diagnostic products. Cancer Research UK projects that approximately 27.5 million individuals could be diagnosed with cancer by 2040, underscoring the increasing need for advanced diagnostics.
Gather more insights about the market drivers, restrains and growth of the Aptamers Market
In March 2022, SomaLogic initiated the assay of samples through its SomaScan Assay for the European Prospective Investigation into Cancer and Nutrition (EPIC) study, analyzing 210 million protein measurements from 30,000 samples. This large-scale study aims to support cancer prediction by enhancing the understanding of cancer, potentially addressing the rising demand for cancer diagnostics and contributing to market growth.
Currently, Macugen, developed by Eyetech Pharmaceuticals, Inc. (now commercialized by Bausch Health Companies Inc.), remains the only FDA-approved therapeutic aptamer in the U.S. since its approval in 2004. It is prescribed for treating AMD. Ongoing technological advances in research continue to direct scientific focus toward developing new aptamer-based drugs to treat various conditions. Several products are in clinical trials, including Zimura, developed by IVERIC Bio, Inc., for treating AMD. The anticipated approval of such drugs could further stimulate market growth in the near future.
Application Segmentation Insights:
The aptamers market is segmented based on application into diagnostics, therapeutics development, research and development, and others. The research and development (R&D) segment accounted for the largest market share at 31.38% in 2022, driven by the rising demand for aptamers and increasing R&D activity in the field. Key players have pursued various strategic initiatives, such as collaborations, partnerships, and agreements to support aptamer-based diagnostics and therapeutic development. For instance, in June 2021, SomaLogic and Ixaka Ltd entered into a research partnership to facilitate the discovery and development of bispecific therapeutics using aptamers. This partnership specifically explores the safety and efficacy of antigen-specific SOMAmer reagents, which is expected to further boost growth in the R&D segment.
The therapeutics segment is anticipated to grow rapidly, with a projected CAGR of 26.08% from 2023 to 2030. Aptamers offer several advantages over traditional protein therapeutics, including the ability to design antidotes in a targeted way (a challenge with antibodies), synthetic accessibility, and modifications through medicinal chemistry. These factors collectively enhance the therapeutic segment's market strength. However, therapeutic aptamers face challenges with nuclease resistance, which could potentially hinder growth in this segment.
Order a free sample PDF of the Aptamers Market Intelligence Study, published by Grand View Research.
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Brain Health Supplements Market Size, Share, and Growth Analysis 2031
As the global population ages and the prevalence of neurodegenerative diseases rises, the demand for brain health supplements is surging. This sector encompasses a variety of products designed to enhance cognitive function, memory, focus, and overall brain health. By 2031, the brain health supplements market is projected to experience significant growth, driven by increasing awareness of mental health, lifestyle changes, and advancements in supplement formulations.
As of 2023, the brain health supplements market was valued at approximately $9.61 billion. With a CAGR (Compound Annual Growth Rate) of around 13.10% expected over the next eight years, the market could reach a valuation of $25.74 billion by 2031. This growth is fueled by a combination of rising consumer awareness, innovative product development, and a greater emphasis on preventive healthcare.
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Key Segments
1. Types of Supplements:
- Vitamins and Minerals: Essential nutrients like B vitamins and Omega-3 fatty acids are key for cognitive function.
- Herbal Extracts: Ginkgo biloba, Bacopa monnieri, and Rhodiola rosea are popular for their cognitive benefits.
- Amino Acids: Ingredients like L-theanine and L-tyrosine support neurotransmitter function.
- Others: Nootropics and other cognitive enhancers are gaining traction.
2. Distribution Channels:
- Online Retail: E-commerce platforms have become a significant channel, especially post-pandemic.
- Pharmacies and Health Stores: Traditional brick-and-mortar stores still hold a large share of the market.
- Direct Sales: Increasingly popular as brands build loyalty and community around their products.
3. Regions:
- North America: Dominates the market due to high consumer awareness and the presence of key players.
- Europe: Shows strong growth, particularly in countries like Germany and the UK.
- Asia-Pacific: Rapid growth anticipated, driven by rising disposable incomes and increasing health consciousness.
Company Profiles in Global Brain health supplements Market - Natural Factors Nutritional Products Ltd., Purelife Bioscience Co., Ltd., Intelligent Labs, Accelerated Intelligence Inc., NOW Foods, HVMN Inc., Teva Pharmaceutical Industries Ltd., Peak Nootropics, Alternascript, Pfizer Inc., Abbott Laboratories, Bayer AG, Amway Corporation, Herbalife Nutrition Ltd., Nordic Naturals, Inc., Cognizin Citicoline (Kyowa Hakko Bio Co., Ltd.), Neurohacker Collective, LLC, AOR Inc., Life Extension Foundation, TruBrain, Nootrobox (HVMN), NeuroScience, Inc.
Market Drivers
1. Aging Population: With an increasing number of elderly individuals, there is a higher demand for products that support cognitive health and delay age-related decline.
2. Growing Awareness: Educational campaigns and the proliferation of health information have made consumers more aware of the importance of brain health.
3. Lifestyle Changes: Modern lifestyles, characterized by stress and sedentary habits, have led many to seek supplements that can enhance mental clarity and focus.
4. Technological Advancements: Innovations in formulation and delivery mechanisms (such as gummies and powders) make supplements more appealing to a broader audience.
Growth Predictions
The brain health supplements market is expected to continue its upward trajectory, driven by both demographic trends and evolving consumer preferences. By 2031, advancements in scientific research will likely lead to the development of more targeted and effective formulations.
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Trends to Watch
1. Personalized Supplements: Tailored supplements based on individual health profiles may become a key trend.
2. Natural Ingredients: There is a growing preference for clean-label products with natural and organic ingredients.
3. Mental Wellness Focus: Products targeting mental health aspects, such as anxiety and stress relief, will gain prominence. The brain health supplements market is poised for significant growth by 2031, shaped by demographic changes, heightened awareness of cognitive health, and ongoing innovations in product offerings. Companies that can navigate regulatory challenges, understand consumer needs, and leverage technological advancements will be well-positioned to thrive in this dynamic landscape. As more individuals prioritize their brain health, this market segment is likely to become a cornerstone of the overall dietary supplement industry.
#BrainHealth#CognitiveSupplements#Nootropics#MentalWellness#BrainSupplements#MemoryBoost#FocusAndConcentration#NeuroEnhancement#HealthyMind#CognitiveFunction
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Calcium Ammonium Nitrate Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033
The calcium ammonium nitrate global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Calcium Ammonium Nitrate Market, 2024The calcium ammonium nitrate global market report 2024
Market Size -
The calcium ammonium nitrate market size is expected to see strong growth in the next few years. It will grow to $4 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to expanding agricultural exports, increasing climate change, growing emphasis on sustainable agricultural practices, and increasing use of medical cold packs. Major trends in the forecast period include technological integration, adoption of customized fertilizer solutions, advancements in farming techniques, advancements in fertilizer formulations, and advancements in supply chain logistics.
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Scope Of Calcium Ammonium Nitrate MarketThe Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers -
The growing agricultural sector is expected to propel the growth of the calcium ammonium nitrate market going forward. The agricultural sector growth is driven by substantial investments in agricultural infrastructure, boosting productivity and market access while reducing post-harvest losses and helping farmers efficiently meet rising global food demand. Calcium ammonium nitrate supports the agriculture industry by providing a readily available source of nitrogen and calcium, which promotes plant growth, improves soil structure, and increases crop yields. For instance, in July 2023, according to a report published by the Department for Environment, Food, and Rural Affairs, a UK-based government department, the productivity of the agricultural sector in the United Kingdom saw a 3.4% increase from 2021 to 2022. Furthermore, in 2022, total crop output rose by 1.7%, with oilseed rape and barley increasing by 39% and 12%, respectively. Therefore, the growing agricultural sector is driving the calcium ammonium nitrate market.
Market Trends - Major companies in the calcium ammonium nitrate market are focusing on expanding product lines with integrated crop nutrition systems, such as calcium nitrate-compatible fertilizers, to reduce costs and improve outcomes for growers. Calcium-nitrate-compatible fertilizers help by optimizing nutrient absorption, enhancing soil fertility, and providing a balanced supply of essential nutrients, which leads to healthier plant growth and increased crop yields. For instance, in April 2021, FBSciences, a US-based biotechnology company, introduced three new calcium nitrate-compatible fertilizers, including CopCAN Soil CN Compatible, PhotoCAN Soil CN Compatible, and FlexCAN Soil CN Compatible. These are designed to work seamlessly with other calcium nitrate and calcium ammonium nitrate fertilizers such as YaraLiva CAN-17 and CN-9, enhancing nutrient uptake, translocation, and overall plant health while improving the efficiency of these fertilizer applications.
The calcium ammonium nitrate market covered in this report is segmented –
1) By Type: Nitrogen Content 27%, Nitrogen Content 15.5%, Other Types
2) By Grade: Standard Grade Calcium Ammonium Nitrate, Granular Or Pelletized Calcium Ammonium Nitrate
3) By Form: Liquid, Solid
4) By Application: Inorganic Fertilizer, Concrete, Explosives, Ice Packs, Clear-Water Drilling, Additive, Other Applications
5) By End-Use Industry: Agriculture, Nurseries And Greenhouses, Turf Management And Landscaping
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Regional Insights -
Asia-Pacific was the largest region in the calcium ammonium nitrate market in 2023. The regions covered in the calcium ammonium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies in the market are Koch Industries Inc., BASF SE, Nutrien Ltd., Sinochem, Yara International ASA, Sumitomo Chemical Co. Ltd., Mosaic Company, ICL Group Ltd., Yunnan Yuntianhua Co. Ltd., EuroChem Group AG, K+S AG, Hubei Xingfa Chemicals Group Co. Ltd., Coromandel International Limited, Borealis AG, Acron Group, China BlueChemical Ltd., Saudi Arabian Fertilizer Company, Gujarat State Fertilizers & Chemicals Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, Uralchem Group, Qatar Fertiliser Company, Indian Farmers Fertiliser Cooperative Limited, Achema AB, Wentong Potassium Salt Group Co.Ltd.
Table of Contents
1. Executive Summary
2. Calcium Ammonium Nitrate Market Report Structure
3. Calcium Ammonium Nitrate Market Trends And Strategies
4. Calcium Ammonium Nitrate Market – Macro Economic Scenario
5. Calcium Ammonium Nitrate Market Size And Growth
…..
27. Calcium Ammonium Nitrate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Mesoporous Silica Market: Current Analysis and Forecast (2024-2032)
According to the Univdatos Market Insights analysis, rising product penetration in different application sectors and increasing effective research & development of cancer treatment using mesoporous silica across the globe will drive the scenario of the mesoporous silica market. As per their “Mesoporous Silica Market” report, the global market was valued at ~USD 210 million in 2023, growing at a CAGR of about 10.2% during the forecast period from 2024-2032.
The North American mesoporous silica market is rapidly growing due to its applications in pharmaceutical and biotechnology such as in drug delivery systems and nanoparticles formula. There is growth in the use in catalysis and sensing and growth in the electronics industry where it is embraced as a feature of nanotechnology. Mesoporous silica has also attracted interest in environmental clean-up and management and green chemistry activities due to increased standards of environmental protection all over the globe. The expansion of the healthcare sector further fuels investment in innovative materials. The mesoporous silica market in North America has been experiencing notable growth due to several applications:
Drug Delivery Systems: Mesoporous silica materials are also being utilized more frequently especially in drug delivery applications since they possess a large surface area and adjustable pore size that allows a good loading capacity and controlled drug release.
Nanoparticle Formulations: These materials are also used in defining nanoparticles which seem to trend in developing targeted therapy.
Research and Development: Ongoing research in material science is contributing to new uses of mesoporous silica especially in catalysis applications, adsorbents, and sensing materials.
Customized Properties: Flexible characteristics of mesoporous silica and the possibility to design it for specific use are the factors that contribute to the advanced application of materials in various fields.
Nanotechnology: Mesoporous silica has applications in electronics in the development of nanocomposites and in sensory technology hence helping to boost its market.
Catalysts and Adsorbents: Applications related to environmental uses such as pollutant adsorption in the remediation and catalyst uses in green chemistry due to increasing environmental standards.
Sustainability: Research in mesoporous silica is exploring its bio-based applications and developing environmentally friendly synthesis techniques due to a shift towards sustainable practices.
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For instance, in September 2024, Sigrid Therapeutics signed a strategic partnership with GetHealthy.store the leading US provider of practice-focused e-commerce solutions for healthcare and nutritional products. The partnership aims to meet the growing demand for Sigrid’s Glucose Stabiliser which offers a game-changing non-pharmaceutical solution to sustained blood sugar management. Since its initial trial launch in Florida earlier this year, Glucose Stabiliser is already loved by 1000s of customers, with users reporting reduced bloating, increased energy levels, and other significant health benefits – with no reduction in muscle mass. This follows similar success in the Nordics and the UK. Glucose Stabiliser capsules work by using Sigrid’s patented SiPore silica to slow down carbohydrate digestion. Silica is a natural GRAS-certified material. Taken orally pre-meal Glucose Stabiliser thus provides an effective non-pharmaceutical defense against glucose spikes.
Related Chemical Market Research Industy Report:-
1,3-PROPANEDIOL (PDO) Market: Current Analysis and Forecast (2024-2032)
Biobased Leather Market: Current Analysis and Forecast (2024-2032)
Conclusion:
The North American mesoporous silica market is expected to maintain constant growth over the following years through specific technology enhancement, higher demand in multiple industries, and eco-friendly projects. Market players are likely to reap from these trends by making strategic investments and also through innovation in the product aspect.
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The Europe Animal Healthcare Market is in trends by increasing pet adoption amid the COVID-19 pandemic
Animal healthcare deals with the prevention, diagnosis and treatment of diseases that affect animals. Pet owners in Europe are increasingly spending on quality animal feed, nutrition and healthcare products to ensure the overall well-being of their pets. Veterinary care services for pets include vaccination, surgeries and treatment of ailments. Growing urbanization coupled with rising incomes have led to increasing pet ownership, especially dogs and cats over recent years in Europe. The bond between pets and their owners has strengthened amid the outbreak of COVID-19 as people sought companionship working from home. Key Takeaways Key players: Key players operating in the Europe Animal Healthcare are Merck & Co., Inc., Virbac, Dechra Pharmaceuticals, Vetoquinol S.A., Zoetis Inc., Ceva Santé Animale, Bayer AG, Elanco, Evonik Industries AG, Archer Daniels Midland Company, Cargill, Incorporated. Growing demand: Rising pet adoption, increasing disposable incomes, growing awareness about pet health are fueling the demand for animal healthcare products and services in Europe. Pet owners are willing to spend more on premium pet food, nutraceuticals and veterinary care. Global expansion: Leading players are expanding their manufacturing facilities and distribution networks across major countries in Europe Animal Healthcare Market Demand. Companies are also focusing on development of novel drugs and therapeutic areas through collaborative research efforts. Market key trends: One of the key trends gaining traction in the Europe Animal Healthcare market is customized pet foods. Manufacturers are focusing on development of customized dietary solutions tailored to pet's breed, size, age, and medical conditions. Companies are incorporating advanced nutritional analysis and customized recipes for pet foods to cater to individual pet requirements.
Porter's Analysis Threat of new entrants: Low barriers to entry due to requirements and regulations. Bargaining power of buyers: Large buyer base leads to more negotiating power. Bargaining power of suppliers: Few suppliers with differentiated products have more influence. Threat of new substitutes: Presence of alternative treatments poses threat of substitution. Competitive rivalry: Intense completion between global and regional players to gain market share. Geographical regions where the Europe animal healthcare market is concentrated in terms of value include Germany, France, UK, Italy and Spain. These countries collectively accounted for over 60% of market share in 2024 owing to high pet ownership and rising animal welfare expenditure. The fastest growing region for the Europe animal healthcare market is Eastern Europe. Countries like Russia, Poland, Romania etc. are witnessing double digit growth due to growing livestock industry, increasing meat consumption and rising awareness about animal health. This growth is further aided by expanding veterinary services and growing pet adoption in urban areas.
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Nutritional Supplements Market Segmentation and Major key Players Analysis 2030
Nutritional Supplements Industry Overview
The global nutritional supplements market size was estimated at USD 381.47 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030.
Growing attention to health has significantly helped the market thrive. Moreover, the rising prevalence of non-communicable diseases has resulted in the faster adoption of nutritional supplements to enrich overall well-being. According to the Global Alliance for Chronic Diseases (GACD), approximately 71% of deaths globally occur due to non-communicable diseases (NCDs). Thus, these alarming statistics have shifted the focus on well-being and health, which is expected to increase the demand for nutritional supplements.
Gather more insights about the market drivers, restrains and growth of theNutritional Supplements Market
Moreover, sports nutrition has also been trending due to a shift in emphasis toward fitness and wellness among the adult population. Through social media platforms and endorsements, fitness professionals, athletes, and enthusiasts encourage people to stay healthy and fit. For instance, in December 2022, Amway India, a key player in the market, launched the campaign “Passion Ko Do Poshan” with Mirabai Chanu, an Indian weightlifter, to market its product line Nutrilite. The campaign was advertised via digital platforms such as YouTube, Instagram, Facebook, Twitter, and LinkedIn. In addition, as the worldwide population suffering from conditions such as obesity, diabetes, and cardiovascular disorders, is growing day by day, individuals are encouraged to embrace a healthy lifestyle that lowers the risk of getting such disorders.
Furthermore, awareness about maintaining a nutritious diet to complete nutritional necessities has been gaining momentum. Governments, globally, particularly in developing countries where malnutrition is highly prevalent, continuously introduce initiatives to enhance the health condition of individuals. For instance, in June 2022, the "Supplement Your Knowledge" initiative was launched by the U.S. Food and Drug Administration (FDA) to inform, educate, and enhance knowledge of dietary supplements in educators, customers, and healthcare professionals. Nutritional supplementation has been pivotal in enhancing the status of malnutrition in some countries.
Access to dietary supplementation has been made more convenient through online and retail channels. The ease of availability has been a significant aspect propelling the market. E-commerce platforms are also driving the demand of the market owing to the enhanced visibility of products and wider reach across all age groups and socio-economic strata. E-commerce platforms have gained traction in developing countries such as India, China, and Mexico. Moreover, many market participants are launching their offerings on e-commerce platforms to reinforce their business avenues. For instance, in March 2022, Cymbiotika, a nutritional supplement company, established its e-commerce platform in the UK for natural supplements. The increased adoption of e-commerce platforms due to the pandemic has further fueled market growth.
Browse through Grand View Research's Pharmaceuticals Industry Research Reports.
The global immune health supplements market size was estimated at USD 26.60 billion in 2023 and is projected to grow at a CAGR of 10.72% from 2024 to 2030.
The global sports nutrition market size was valued at USD 45.24 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2030.
Regional Insights
In terms of region, Asia Pacific dominated the nutritional supplements market in 2022 with a revenue share of 39.4%. Factors such as the low price of raw materials, availability of functional foods, and high cognition regarding the health advantages of nutritional supplements have driven regional growth. Nations like Japan and China have been leaders in enriched foods with high nutritional value. Multiple products are particularly produced in the region and shipped to other parts of the globe, contributing positively to the growth of the market. In addition, companies in the industry are entering the region. For instance, in May 2023, USANA Health Sciences, Inc. announced its plan to enter the market in India in the latter half of 2023.
The market for Latin America is expected to grow at the fastest CAGR of 8.0% from 2023 to 2030. The notable demand for health products across the region is driving the regional growth of the market. The increasing awareness about well-being and health and the rising popularity of nutrient-rich food propel the market. The rise in the disposable income of the people has led to extra spending on fitness and health products, thus fueling the growth of the market.
Key Nutritional Supplements Company Insights
The key participants in the nutritional supplements industry are launching various strategic initiatives to retain their market presence. In addition, different strategic initiatives help market participants to strengthen their industry position. For instance, in May 2023, Launch Hydrate, a key player in the sports nutrition industry, partnered with Perfect Game, a softball and baseball organization. This collaboration aimed to offer various sports drinks to the Perfect Game participants. For instance, in April 2023, Hemperella launched hemp-based protein powder, hemp muesli, and protein bars, among others.
Key Companies profiled:
Glanbia PLC
Abbott
Nestlé Health Science
Herbalife International of America, Inc
Amway Corp.
PepsiCo
Clif Bar & Company
Science in Sport plc
THG PLC
CSN
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Probiotic Gummies Market Size To Reach USD 1.97 Billion By 2030
Probiotic Gummies Market Growth & Trends
The global probiotic gummies market is expected to reach USD 1.97 billion by 2030, exhibiting a CAGR of 14.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global probiotic gummies market is driven by increasing consumer awareness about gut health and the benefits of probiotics, a growing prevalence of digestive disorders, and a rising preference for convenient and tasty supplement forms.
Increased interest in overall wellness and the role of gut health in immunity, mental health, and metabolic functions are spurring demand. For instance, the COVID-19 pandemic underscored the importance of immune health, leading consumers to seek out products like probiotic gummies that support the immune system. Brands like Olly and SmartyPants capitalize on this trend by offering easy-to-consume and appealingly flavored probiotics. Additionally, the clean label movement, emphasizing non-GMO, organic, and vegan options, further drives market growth, with products like Garden of Life's Dr. Formulated Probiotics Gummies gaining popularity for their natural ingredients.
Significant opportunities in the probiotic gummies market arise from the increasing acceptance of functional foods and dietary supplements, particularly in emerging markets across Asia Pacific and Latin America. Rapid urbanization and a growing middle class with higher disposable incomes in these regions present a substantial customer base eager for health and wellness products.
The competitive landscape of the probiotic gummies market features a diverse mix of established dietary supplement brands, pharmaceutical companies, and innovative startups. Major players like Olly, SmartyPants, and Nature's Way lead the market with extensive distribution networks and strong brand loyalty. These companies leverage their expertise to offer a wide range of probiotic gummies targeting various demographics and health concerns.
Manufacturers are expanding their probiotic gummy offerings by including a wider variety of probiotic strains beyond the traditional Lactobacillus and Bifidobacterium. This diversification allows for targeting specific health needs more effectively. For instance, gummies now contain strains like Saccharomyces boulardii, known for its benefits in managing diarrhea and gut infections.
In addition, these ingredients help improve sleep quality, reduce oxidative stress, and boost the production of melatonin, which is crucial for regulating sleep. The multiple benefits offered by these gummies have compelled manufacturers to launch these supplements.
Nowadays, nutritional supplement providers are increasingly forming partnerships to develop integrated versions of supplements that combine the benefits of probiotics. These collaborations address diverse human needs and enhance the overall effectiveness of these nutritional supplements. In October 2023, UK-based Clasado Biosciences and U.S.-based ingredient distributor Stratum Nutrition partnered to launch a probiotic-postbiotic gummy supplement in the SupplySide West trade show in Las Vegas, U.S. The gummy includes LBiome, a Lactobacillus LB postbiotic ingredient from Stratum and Clasado’s Bimuno galactooligosaccharide (GOS) prebiotic ingredient.
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Probiotic Gummies Market Report Highlights
In 2023, digestive support probiotic gummies captured 65.5% of the global market revenue, driven by increasing consumer awareness of the link between gut health and overall wellness.
The probiotic gummies segment for kids is expected to grow at a CAGR of 16.5% from 2024 to 2030, fueled by the appeal of their sweet taste and the variety of flavors, shapes, and colors available.
Sales of probiotic gummies through online channels are anticipated to grow at a CAGR of 17.4% from 2024 to 2030, due to the wide selection of brands available on e-commerce platforms.
The probiotic gummies market in the Asia Pacific region is forecasted to grow at a CAGR of 16.3% from 2024 to 2030, driven by increasing awareness of probiotics' health benefits, particularly in countries like China, Japan, and India.
Regional Insights
The probiotic gummies market of North America accounted for a share of 36.6% of the global revenue in 2023. The market's growth is fueled by the escalating understanding of dietary supplements and the consequent surge in spending on health and wellness products. The appeal of probiotic gummies is on the rise because of their convenience and enjoyable flavor, particularly favored by adults who encounter challenges with swallowing pills or dislike the taste of conventional supplements. Furthermore, producers are progressively customizing gummy supplements to cater to distinct demographic groups or tackle specific health issues.
U.S. Probiotic Gummies Market Trends
The U.S. probiotic gummies market is projected to register a significant CAGR from 2024 to 2030. With a heightened focus on overall wellness, consumers are increasingly seeking products that support digestive health, immunity, and nutrient absorption. The convenience of gummies, which are easier to consume than pills or capsules, appeals to both adults and Pregnant Women. For example, brands like Olly and SmartyPants have capitalized on this trend by offering a variety of probiotic gummies that are marketed for their health benefits and enjoyable flavors.
Probiotic Gummies Market Segmentation
Grand View Research has segmented the probiotic gummies market based on application, end use, distribution channel, and region.
Probiotic Gummies Application Outlook (Revenue, USD Million, 2018 - 2030)
Digestive Support
Immune Support
Probiotic Gummies End Use Outlook (Revenue, USD Million, 2018 - 2030)
Adults
Men
Women
Pregnant Women
Geriatric
Kids
Probiotic Gummies Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Offline
Hypermarkets/Supermarkets
Pharmacies
Specialty Stores
Practitioner
Others
Online
Probiotic Gummies Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
List of Key Players in the Probiotic Gummies Market
Culturelle
Florastor
Nature's Bounty
SmartyPants Vitamins
Church & Dwight Co., Inc. (Vita Fusion)
Garden of Life
NatureWise
Now Foods
The Procter & Gamble Company (Align)
Nature Made (Pharmavite)
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/probiotic-gummies-market-report
#Probiotic Gummies Market#Probiotic Gummies Market Size#Probiotic Gummies Market Share#Probiotic Gummies Market Trends
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Global Supplements And Infant Milk Formula For Travel Retail Market Analysis 2024: Size Forecast and Growth Prospects
The supplements and infant milk formula for travel retail global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Supplements And Infant Milk Formula For Travel Retail Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The supplements and infant milk formula for travel retail market size has grown rapidly in recent years. It will grow from $2.47 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to an increase in the number of families traveling with infants, an increase in the aging population, increased demand for specialty supplements, and growing awareness.
The supplements and infant milk formula for travel retail market size is expected to see rapid growth in the next few years. It will grow to $4.46 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increased health and nutrition education programs, an increasing number of working mothers, and growing demand for health and wellness products. Major trends in the forecast period include an increasing focus on eco-friendly and sustainable formulas, convenient packaging, collaborations and partnerships, and digital integration.
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Scope Of Supplements And Infant Milk Formula For Travel Retail Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Supplements And Infant Milk Formula For Travel Retail Market Overview
Market Drivers - An increasing infant population is expected to propel the growth of supplements and infant milk formulas in the travel retail market going forward. Infant population typically refers to the demographic group of children under one year old within a given population or region. The rise in birth rates and improved healthcare have led to higher infant survival rates. Supplements and infant milk formula provide the infant population with essential nutrients crucial for growth and development. For instance, in April 2024, according to Bliss.Org, a UK-based charity for infants, the percentage of preterm live births rose from 7.4% in 2020 to 7.6% in 2021. Additionally, in January 2023, according to the Office for National Statistics, a UK-based governmental organization, the percentage of preterm live births saw a slight rise from 7.4% in 2020 to 7.5% in 2021Therefore, the increasing infant population is driving the growth of supplements and infant milk formulas in the travel retail market.
Market Trends - Major companies operating in the supplements and infant milk formula for travel retail market are developing baby formula products with dairy and plant blends to cater to evolving consumer preferences and sustainability concerns. Dairy and plants blend baby formula, an infant formula that integrates dairy-based ingredients with plant-based components, aiming to provide a comprehensive nutritional profile suitable for infants. For instance, in July 2022, Danone S.A., a French-based food-products company, launched a dairy and plant blend infant formula that combines dairy and plant-based ingredients to provide complete infant nutrition while catering to the growing demand from parents for more plant-based feeding options. The formula, which contains 60% non-GMO soy protein and 40% dairy protein from casein and whey, also includes lactose, omega-3 DHA, and prebiotics. It is a nutritionally complete and gentle introduction to plant-based flavors for babies. The dairy and plants blend has a 30% lower carbon footprint due to plant-based ingredients and fully recyclable packaging.
The supplements and infant milk formula for travel retail market covered in this report is segmented –
1) By Type: Supplements, Adult, Infant Milk Formula 2) By Product Form: Powder, Liquid, Ready-To-Feed 3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Pharmacies Or Drugstore, Online Retail, Other Distribution Channel
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Regional Insights - Europe was the largest region in the supplements and infant milk formula for travel retail market in 2023. The regions covered in the supplements and infant milk formula for travel retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the supplements and infant milk formula for travel retail market are Nestlé S.A., Pfizer Inc., Bayer AG , Abbott Laboratories, Danone S.A., Reckitt Benckiser Group plc, Amway Corporation, Glanbia plc, Herbalife Nutrition Ltd., Nature's Bounty Co., GNC Holdings Inc., Blackmores Limited, Swisse Wellness Group Pty Ltd, Vitabiotics Ltd., Hero Nutritionals LLC, Weider Global Nutrition, Elevit, Similac, Nutricia, Pediasure
Table of Contents 1. Executive Summary 2. Supplements And Infant Milk Formula For Travel Retail Market Report Structure 3. Supplements And Infant Milk Formula For Travel Retail Market Trends And Strategies 4. Supplements And Infant Milk Formula For Travel Retail Market – Macro Economic Scenario 5. Supplements And Infant Milk Formula For Travel Retail Market Size And Growth ….. 27. Supplements And Infant Milk Formula For Travel Retail Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Micronutrient Innovations: The Future of Animal Feed Nutrition
The increasing demand for high-quality animal nutrition is driving the global animal feed micronutrients market, which is expected to grow at a compound annual growth rate (CAGR) of nearly 5% over the forecast period of 2022-2028. The market was valued at over USD 1.7 billion in 2022 and is projected to reach approximately USD 2.2 billion by 2028.
Overview of Animal Feed Micronutrients
Animal feed micronutrients are essential nutrients required in trace amounts to improve the health, growth, and productivity of livestock. These include vitamins, minerals, amino acids, and other trace elements, playing a crucial role in enhancing animal metabolism, disease prevention, and overall performance. They are particularly important for livestock such as poultry, cattle, swine, and aquaculture species.
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Market Dynamics
Several factors are contributing to the growth of the animal feed micronutrients market:
Increasing Demand for Meat and Dairy Products: The growing global population, coupled with rising incomes and changing dietary patterns, has led to increased consumption of meat, dairy, and other animal products. This, in turn, is driving the demand for high-quality animal feed to enhance livestock productivity and meet consumer demand for animal-based food products.
Focus on Animal Health and Nutrition: The health and well-being of livestock are increasingly prioritized to ensure the production of safe, nutritious animal products. Feed micronutrients play a crucial role in maintaining the health of livestock by preventing nutrient deficiencies, enhancing immune function, and promoting growth. This focus on animal health is propelling the demand for micronutrient-enriched feed.
Technological Advancements in Animal Nutrition: Continuous advancements in animal nutrition technologies are leading to the development of more effective and efficient feed formulations. This includes the precise addition of micronutrients to ensure optimal health benefits for animals, which in turn drives market growth.
Sustainability and Environmental Concerns: The livestock industry is facing growing pressure to reduce its environmental impact. Micronutrients in animal feed can help improve feed efficiency, reduce the amount of feed required, and lower greenhouse gas emissions, supporting sustainable livestock farming practices.
Regional Analysis
North America: The animal feed micronutrients market in North America is well-established, driven by the large-scale livestock farming industry. The U.S. and Canada are key markets, with a strong focus on improving livestock health and productivity.
Europe: Europe is a significant player in the global animal feed micronutrients market. Countries such as Germany, the UK, and France are focusing on enhancing animal welfare and nutrition, contributing to market growth in this region.
Asia-Pacific: The Asia-Pacific region is expected to experience significant growth in the animal feed micronutrients market, driven by the expanding livestock industry in countries such as China, India, and Australia. The rising demand for meat and dairy products, coupled with a growing awareness of animal nutrition, is fueling market expansion.
Rest of the World: The market for animal feed micronutrients is also growing steadily in regions such as Latin America, the Middle East, and Africa, where livestock farming plays a critical role in the economy and food supply.
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Competitive Landscape
The global animal feed micronutrients market is highly competitive, with several key players vying for market share through product innovation, partnerships, and expansion strategies. Leading companies in this market include:
Cargill, Inc.: A global leader in agricultural products and solutions, Cargill offers a wide range of animal feed micronutrients to enhance animal health and performance.
BASF SE: As a leading chemical company, BASF provides innovative micronutrient solutions for animal feed, focusing on sustainability and efficiency.
Royal DSM N.V.: Known for its expertise in nutrition and health, DSM offers a broad portfolio of micronutrients designed to improve livestock productivity.
Nutreco N.V.: Nutreco is a key player in animal nutrition, providing micronutrient solutions to enhance feed efficiency and livestock health.
Challenges and Opportunities
Cost Constraints: The high cost of adding micronutrients to animal feed can be a challenge for small-scale farmers, particularly in developing regions. However, as feed efficiency improves and animal health benefits become more apparent, the long-term cost savings may outweigh initial investments.
Regulatory Compliance: The animal feed industry is subject to stringent regulations regarding the use of additives, including micronutrients. Ensuring compliance with these regulations across different regions can be complex and challenging for manufacturers.
Product Innovation: There are significant opportunities for product innovation in the animal feed micronutrients market. Developing new formulations that cater to specific livestock species, growth stages, or production systems can help companies differentiate themselves in a competitive market.
Conclusion
The global animal feed micronutrients market is set for steady growth, with a projected CAGR of nearly 5% during the forecast period of 2022-2028. The increasing focus on animal health and nutrition, coupled with rising demand for high-quality animal products, is driving market expansion. With advancements in animal nutrition technologies and a growing emphasis on sustainability, the market offers significant opportunities for innovation and growth. By 2028, the market is expected to reach nearly USD 2.2 billion, solidifying its importance in the global livestock industry.
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Pet Oral Care Market Projected for Significant Growth Driven by Innovation and Rising Pet Ownership
According to the latest report from Meticulous Research®, the global pet oral care market is projected to achieve a value of $3 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.1% over the forecast period. This growth is primarily fueled by increasing pet ownership, rising pet-related expenditures, the expanding pet insurance market, and a heightened prevalence of dental issues among pets.
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Market Overview and Segmentation
The pet oral care market is segmented by product type, animal type, sales channel, and geography.
Product Segmentation: The market includes toothpaste, toothbrushes, mouthwash, dental chews, additives, and other oral care products. The dental chews segment is anticipated to experience the highest growth rate during the forecast period, driven by ongoing innovations in ingredient formulations and the launch of new products. For example, in January 2024, Clear Conscience Pet (U.S.) introduced a new chew that incorporates the plaque-preventive benefits of kelp. Additionally, the convenience of dental chews compared to traditional brushing methods is contributing to their increasing adoption.
Animal Type Segmentation: By 2024, the dog segment is expected to hold the largest share of the pet oral care market. This dominance is attributed to the widespread adoption of dogs as pets globally and growing awareness of pet oral health, particularly in developed regions.
Sales Channel Segmentation: The market is divided into online and offline channels. The online segment is projected to see the highest growth rate, driven by increasing awareness about pet health in developing countries, higher pet health expenditures, and the convenience of purchasing oral care products through online platforms.
Geographic Insights
The report provides a detailed analysis of major geographic regions:
North America: Expected to dominate the pet oral care market in 2024, with the U.S. leading the region. Factors contributing to North America's market share include high pet health expenditures, substantial disposable incomes, a large pet population, and strong awareness of companion animal health.
Europe: Following North America, Europe is projected to hold a significant share, driven by increasing pet care awareness and spending across key countries such as Germany, France, the U.K., Italy, and Spain.
Asia-Pacific: This region is expected to show robust growth, fueled by rising pet adoption rates, increasing disposable incomes, and growing investment in pet health.
Key Industry Players
The pet oral care market is moderately competitive, with several prominent players including:
Boehringer Ingelheim International GmbH (Germany)
VETOQUINOL S.A. (France)
AllAccem, Inc. (U.S.)
Petzlife UK (U.K.)
Dechra Pharmaceuticals PLC (U.K.)
imRex Inc. (Canada)
Nestlé S.A. (Switzerland)
Mars, Incorporated (U.S.)
Ceva Animal Health, LLC (U.S.)
Virbac S.A. (France)
Hill's Pet Nutrition, Inc. (U.S.)
Conclusion
The pet oral care market is poised for significant expansion, driven by increased pet ownership, higher expenditures on pet health, and innovations in oral care products. While North America remains the largest market, strong growth is anticipated in Asia-Pacific and Europe. The continued focus on improving pet health and convenience is expected to drive the market forward, presenting ample opportunities for industry players and stakeholders.
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#Pet Oral Care Market#Pet Oral Care Products#Pet Dental Hygiene#Animal Dental Chewables#Pet Oral Health#Dog Oral Care#Veterinary Oral Health#Pet Dental Care
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Dietary Supplements Market Overview, Top Manufactures, Size, Growth Analysis, and Forecast – 2028
The global dietary supplements market is projected to grow from USD 167.5 billion in 2023 to USD 239.4 billion in 2028, at a CAGR of 7.4% during the forecast period. The growth in the dietary supplement industry is being driven by several key factors, including the aging population, a shift from pharmaceuticals to nutraceuticals, amino acids, and protein supplements, as preventive healthcare becomes a priority. The rise of personalized nutrition is also playing a significant role in this growth. Consumers are increasingly focusing on self-directed care, motivated by trends in personal health, weight management, and overall well-being. The personal care market has undergone significant changes in recent years, with more consumers turning to weight management and protein supplements to manage lifestyle-related disorders. In many regions, inadequate protein intake has led to a growing demand for amino acids and protein supplements. Additionally, unhealthy eating habits and improper lifestyles have prompted a significant number of consumers to seek weight management supplements to address obesity and overweight issues.
Top Dietary Supplements Companies
Key players in this market include Nestle (Switzerland), Abbott (US), Amway Corp (US), Pfizer Inc. (US), ADM (US), International Flavors Fragrance (US), Otsuka Holdings Co., Ltd (Japan), Glanbia PLC (Ireland), GSK PLC. (UK), Bayer AG (Germany), Herbalife International of America, Inc. (US), Nature's Sunshine Products, Inc (US), Bionova (Canada), ArkoPharma (France), American Health (US), Pure Encapsulation (US), HH Group (Hong Kong), Nu Skin (US), Power Gummies (India), Biomedical Research Laboratories (US), HealthKart (India), NutriScience Corporation (US), Nature's Essentials (US), and Life Extension (US).
Dietary Supplements Market Trends
Growing Consumer Awareness and Focus on Health: There has been an increasing awareness among consumers about the importance of maintaining good health and preventing health issues. This awareness has translated into a growing demand for dietary supplements as people seek convenient ways to complement their diets and address specific health concerns.
Preventive Healthcare and Wellness: Many consumers are shifting their focus from treating illnesses to preventing them. This has led to a rise in the consumption of dietary supplements that claim to support overall wellness, boost immunity, and promote longevity.
Plant-Based and Natural Ingredients: There has been a noticeable trend towards plant-based and natural ingredients in dietary supplements. Consumers are seeking products that align with their preferences for clean labels, sustainability, and a perceived connection to nature.
Personalization and Customization: The one-size-fits-all approach is giving way to personalized and customized solutions. Companies are increasingly offering tailored supplements based on individual health needs, genetic factors, and lifestyle choices.
E-commerce and Direct-to-Consumer Sales: The rise of e-commerce has significantly impacted the distribution of dietary supplements. Many consumers prefer the convenience of online shopping, and this trend is expected to continue. Additionally, some brands have adopted direct-to-consumer models, bypassing traditional retail channels.The sports nutrition function segment is projected to grow at the highest rate during the forecast period. Many sports nutrition supplements available today include multivitamins, branched-chain amino acids (leucine), omega-3 fatty acids, glucosamine, glutamine, beta-alanine, beetroot, and green tea extract, each of which provides different performance benefits. In general, all humans require an adequate amount of macro and micronutrients. However, due to extreme exertion athletes need to monitor their food intake. Sports nutrition supplements provide them with all the required nutrients, which is why this category is projected to grow fastly in the dietary supplements market.
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What factors are driving the rapid growth of the sports nutrition function segment in the market?
Many sports nutrition supplements available today include multivitamins, branched-chain amino acids (leucine), omega-3 fatty acids, glucosamine, glutamine, beta-alanine, beetroot, and green tea extract, each of which provides different performance benefits. In general, all humans require an adequate amount of macro and micronutrients. However, due to extreme exertion athletes need to monitor their food intake. Sports nutrition supplements provide them with all the required nutrients, which is why this category is projected to grow Fastly in the dietary supplements market.
North America dominates the dietary supplements market share.
The North American nutrition and supplements market holds the largest share and is projected to grow further. The region's population has become increasingly health-conscious, incorporating dietary supplements into their daily routines to enhance overall health and manage weight. Due to poor dietary habits, such as a preference for junk and processed foods lacking in nutrients, lifestyle-related disorders like diabetes, obesity, and high blood pressure are prevalent. This has driven the demand for supplements. Additionally, the rise in veganism and the shift towards less processed foods have further fueled the use of dietary supplements to address nutritional gaps. South Africa also presents a promising market for dietary supplements, both in production and consumption, as the region faces widespread malnutrition and other nutritional deficiencies. Together, these factors contribute to the growth of the global dietary supplements market.
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