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Bovine Lactoferrin Market Size, Trends & Outlook – 2033 | FMI

The Bovine Lactoferrin Market refers to the global industry involved in the production, distribution, and sale of bovine lactoferrin, a protein derived from cow’s milk. Bovine lactoferrin is known for its various health benefits and is widely used in the pharmaceutical, food, and nutritional supplement industries.

Bovine lactoferrin offers several advantages, including its antimicrobial, immune-boosting, and anti-inflammatory properties. It is often used in infant formulas, dietary supplements, functional foods, and personal care products. The market for bovine lactoferrin has been growing steadily due to increasing consumer awareness regarding the health benefits of this protein.

Factors driving the bovine lactoferrin market include the rising demand for natural and functional food ingredients, growing health-consciousness among consumers, and the expanding nutraceutical industry. Additionally, the increasing prevalence of chronic diseases and the growing elderly population have fueled the demand for products that support immune health.

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Between 2023 and 2033, the market for bovine lactoferrin is expected to grow at a CAGR of 15.8%, from US$ 772.39 million to US$ 3,349.05 million. It is anticipated that rising occurrences of skin-related medical problems and rising consumer knowledge of diet and health will boost demand. The pharmaceutical and personal hygiene sectors will be affected by the antiviral, antimicrobial, anti-parasitic, catalytic, and anti-allergic properties and activities of lactoferrin.

Geographically, North America and Europe have traditionally been the leading markets for bovine lactoferrin due to the well-established dairy industry and the presence of major players in these regions. However, emerging economies in Asia Pacific, such as China, India, and Japan, are witnessing significant growth in demand for bovine lactoferrin due to changing lifestyles, increasing disposable income, and rising consumer awareness about health and wellness.

Key Takeaways from Market Study:

In 2021, the Asia Pacific market is estimated to be valued at US$ 335 Million.
With a sales revenue of more than 42.5% in 2020, Asia Pacific emerged as the biggest regional market.
In 2021, the infant formula segment led the lactoferrin market, with a profit share of more than 40%. From 2023 to 2033.
According to a report from Future Market Insights (FMI), from 2018 to 2022, sales witnessed significant growth, registering a CAGR of 10%.
Clinical trials to examine the effects of this component in the healthcare industry have increased by a factor of 25 to 30.
“With the growing number of working women in Asia, the Pacific, and Europe, the proportion of breastfeeding is declining, the need for an acknowledgment of lactoferrin in infant formula manufacturing is cruising market growth, as are the benefits of lactoferrin in infant formula that have been illustrated.” says an analyst at Future Market Insights.

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Key Market Players

Key players in the Bovine Lactoferrin market are MILEI GmbH (Germany), Bega Cheese Ltd. (Australia), Fonterra Co-operative Group (New Zealand), FrieslandCampina DOMO (Netherlands), Beston Global Food Company Ltd (Australia), SAVENCIA SA (France), Saputo Dairy Australia Pty Ltd. (Australia), FREEDOM FOODS GROUP LIMITED (Australia), Synlait Ltd. (New Zealand), Glanbia Plc. (Ireland), Ingredia (France).

Beston Global Food Company Ltd. revealed in June 2021 that its Jervois dairy factory in Australia enlarged its capacity to generate up to 25 metric tonnes of 95.0% pure lactoferrin per year.
Fonterra Co-operative Group declared in June 2021 that it will market its two joint venture firms in China in order to concentrate more on New Zealand milk production and prioritize the Greater China industry.
Fonterra Co-operative Group Limited announced a sales and advertising contract with Land O’Lakes, Inc. in October 2020, with the intention of expanding its market potential into more U.S. food service platforms.
Bovine Lactoferrin Market Segments Survey

Bovine Lactoferrin Market by Type:

Freeze-dried
Spray-dried
Bovine Lactoferrin Market by Application:

Infant Formula
Dietary Supplements
Pharmaceuticals
Food
Other Applications
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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Embolization Coils market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Product (Spray-dried and Freeze-dried), By Application (Infant Formula, Pharmaceuticals, Dietary Supplements, Food, and Others) & Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Veterinary Imaging Market Size, Industry Share & Trends - 2030

Between 2022 and 2030, the Veterinary Imaging Market is expected to grow at a CAGR of 6.6%, from US$ 2.02 billion in 2022 to US$ 3.37 billion by 2030.

A study by Future Industry Insights (FMI) predicted that by 2030, the worldwide veterinary imaging market would bring in US$3.37 billion. The research study looks at the market development for veterinary imaging through 2030 in more than 20 nations. The report offers precise insights into some of the key players in the industry’s crucial business strategies.

According to the poll, investments are being made in the veterinary diagnostics industry as the trend towards pet humanization picks up speed. Additionally likely to fuel industry growth are governmental rules and a greater emphasis on preserving animal health.

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Growth will also be fueled by the expansion of the animal and pet care industry as a whole. NAPHIA predicts that recent years have seen an increase in spending on pet food, pet insurance, and pet pharmaceuticals. Despite the Covid-19 issue, there has been growth in the pet food market.

During the evaluation period, the veterinary imaging industry is projected to benefit from the market’s broader gains as well.

Key Takeaways:

Animal healthcare being a costly affair, people are shifting their gears to pet insurance
The veterinary imaging market is driven by an ever-increasing number of veterinarians adopting imaging devices with reagents associated with them, which include PET, MRI, X-Ray radiology devices, and CT scanners
Multi-slice CT scan systems expected to drive the market in the forecast period
Asia-Pacific is slowly picking up with people turning the tide in favour of pet care
Adoption of magnetic resonance imaging (MRI) systems continue to grow at a steady pace
“Technological advancements along with inorganic expansion are creating new strides for the veterinary imaging market. These trends are bound to catapult the veterinary imaging market to growth between 2022 and 2030”- says the FMI analyst.

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List of Key Players Covered in Veterinary Imaging market are:

Esaote
IDEXX Laboratories, Inc.
IMV Technologies group
Carestream Health
Hallmarq Veterinary Imaging Ltd.
MinXray, Inc.
Universal Medical Systems, Inc.
Agfa- Gevaert N.V.
Mindray Medical International Ltd.
GE Healthcare
Siemens AG
The key market players are emphasizing on creating awareness about veterinary imaging devices to enter the untapped markets. For instance – in Oct 2018, GE Healthcare announced having inked a strategic agreement with SonoSim for encouraging training regarding ultrasound services.

Key Segments:

Veterinary Imaging Market by Product Type:

Veterinary Imaging Equipment
Radiography (X-ray) Systems
Computed Radiography
Film-based Radiography
Ultrasound Imaging Systems
2D US Imaging
3D US Imaging
Magnetic Resonance Imaging Systems
Computed Tomography Systems
Single-slice CT
Multi-slice CT
Video Endoscopy Imaging Systems
Others
Veterinary Imaging Software
Veterinary Imaging Reagents
Ultrasound Contrast Reagents
MRI Contrast Reagents
X-Ray/CT Contrast Reagents
Nuclear Imaging Reagents
Veterinary Imaging Market by Animal Type:

Small Animals
Large Animals
Veterinary Imaging Market by Application:

Cardiology
Orthopedics
Neurology
Oncology
Others
Veterinary Imaging Market by End User:

Veterinary Clinics
Veterinary Hospitals
Veterinary Institutes and Research Centers
Veterinary Imaging Market by Region:

North America Veterinary Imaging Market
Latin America Veterinary Imaging Market
Europe Veterinary Imaging Market
East Asia Veterinary Imaging Market
South Asia & Pacific Veterinary Imaging Market
Middle East & Africa (MEA) Veterinary Imaging Market
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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IoT Insurance Market Overview by Advance Technology, Future Outlook 2030
This report studies the IoT Insurance Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete IoT Insurance Market analysis segmented by companies, region, type and applications in the report.
The report offers valuable insight into the IoT Insurance market progress and approaches related to the IoT Insurance market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
Top Key Players:
• IBM Corporation
• Microsoft Corporation
• Intel Corporation
• SAP SE

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This report studies the Disinfectant Wipes Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Disinfectant Wipes Market analysis segmented by companies, region, type and applications in the report.
The report offers valuable insight into the Disinfectant Wipes market progress and approaches related to the Disinfectant Wipes market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
Top Key Players:
• Dr. Deppe GmbH (Germany)
• Reckitt Benckiser Group plc (U.K)
• Codi Group (Netherlands)
• Dreumex (Netherlands)
• RCP Ranstadt GmbH (Germany)
• The Hygiene Company (UK)
• Uniwipe Europe Ltd (U.K)
• KCWW (U.S)
• Ecolab (U.S)
• CleanWell, LLC. (U.S)
• Seventh Generation Inc (U.S)
• The Claire Manufacturing Company (U.S)
• Parker Laboratories (U.S)

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Disinfectant Wipes Market Size, Demand & Industry Growth By 2030

The Disinfectant Wipes Market is worth USD 6.10 billion and is expected to grow at a CAGR of 9.2% till 2030.

This report studies the Disinfectant Wipes Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Disinfectant Wipes Market analysis segmented by companies, region, type and applications in the report.
The report offers valuable insight into the Disinfectant Wipes market progress and approaches related to the Disinfectant Wipes market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
Top Key Players:
• Dr. Deppe GmbH (Germany)
• Reckitt Benckiser Group plc (U.K)
• Codi Group (Netherlands)
• Dreumex (Netherlands)
• RCP Ranstadt GmbH (Germany)
• The Hygiene Company (UK)
• Uniwipe Europe Ltd (U.K)
• KCWW (U.S)
• Ecolab (U.S)
• CleanWell, LLC. (U.S)
• Seventh Generation Inc (U.S)
• The Claire Manufacturing Company (U.S)
• Parker Laboratories (U.S)

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Disinfectant Wipes Market Size, Demand & Industry Growth By 2030

The Disinfectant Wipes Market is worth USD 6.10 billion and is expected to grow at a CAGR of 9.2% till 2030.

Key Drivers Influencing the Static VAR Compensator Market Growth

The Static VAR Compensator Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Static VAR Compensator market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Static VAR Compensator. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.
The Global Static VAR Compensator Market Size is poised to achieve a remarkable milestone, surging past the formidable benchmark of US$ 815.0 million by the year 2023. This extraordinary growth trajectory is underpinned by an impressive CAGR of 6.5%, propelling the market to an astounding valuation of US$ 1,526.0 million by 2033.
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Driving Factors
The Global Static VAR Compensator market's meteoric rise is driven by several key factors, which include:
Rising Energy Demand: The insatiable global appetite for electricity, spurred by industrialization and urbanization, has created an incessant demand for reliable power quality. Static VAR Compensators are instrumental in enhancing grid stability and reducing voltage fluctuations, thus bolstering their adoption.
Renewable Energy Integration: The rapid integration of renewable energy sources, such as wind and solar, into the power grid necessitates advanced solutions for voltage control. Static VAR Compensators play a pivotal role in ensuring grid reliability and enabling seamless renewable energy integration.
Industrial Growth: Increasing industrialization, especially in emerging economies, has driven the demand for uninterrupted power supply. Static VAR Compensators offer precise voltage control, safeguarding critical industrial processes against disruptions.
Environmental Concerns: Growing environmental consciousness has led to stringent regulations on power quality. Static VAR Compensators mitigate voltage sags and surges, reducing energy wastage and minimizing carbon footprint.
Restraints
Despite its robust growth, the Global Static VAR Compensator market encounters certain constraints:
High Initial Costs: The upfront capital required for implementing Static VAR Compensators can be substantial. This may deter budget-constrained regions from adopting these solutions, hindering market expansion.
Technical Complexity: The installation and maintenance of Static VAR Compensators demand specialized knowledge and expertise, limiting their accessibility to some market segments.
Limited Awareness: Awareness regarding the benefits of Static VAR Compensators remains relatively low in certain regions, impeding their widespread adoption.
In conclusion, the Global Static VAR Compensator market's journey towards the coveted US$ 1,526.0 million valuations by 2033 is fueled by compelling drivers, while carefully addressing the associated restraints will be essential to unlock its full potential. This market's resilience and adaptability underscore its pivotal role in shaping the future of power quality management on a global scale.
Competitive Landscape:
The worldwide market for Static VAR Compensator (SVC) displays a landscape marked by fragmentation, encompassing a diverse array of companies providing adaptable AC transmission systems for various applications. Dominant manufacturers have firmly established their authority in regions where there is a substantial need for robust compensators.
Prominent market participants are actively engaged in global operations and are strategically leveraging both organic and inorganic growth approaches to fortify their market presence. Certain players are focusing on specific geographical areas to cater to the burgeoning demand for FACTS (Flexible AC Transmission Systems) devices, particularly within the utility and renewable energy sectors. Furthermore, a fierce competitive environment prevails among these pivotal SVC industry players, as they vie to secure a notable share of the market.
Key Players Working in the Static VAR Compensator Market
• American Superconductor Corporation.
• Eaton
• General Electric
• Hitachi ABB Power Grids
• Mitsubishi Electric Corporation
• Nidec Electrical Solutions
• Nissin Electric Co., Ltd.
• NR Electric Co., Ltd.
• Siemens AG
• Hyosung

Static VAR Compensator Market Segmentation by Category
By Type:
• Thyristor-based
• TCR-FC
• TCR-TSC
• MCR-based
By Component:
• Power Electronic Device
• Harmonic Filter
• Thyristor
• Reactor
• Capacitor Bank
• GIS Switchgear
• Control Protection System
• Others
By End Use:
• Electric Utility
• Railways
• Industrial
• Steel and Metal
• Mining
• Heavy Industrial
• Oil & Gas
By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa

Plant Phenotyping Market Expected to Reach US$ 497.4 Million by 2033

The Plant Phenotyping Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Plant Phenotyping market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Plant Phenotyping. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.
The global Plant Phenotyping Market is poised for substantial growth, with an estimated valuation of approximately US$ 175.9 million expected by the year 2023. This anticipated progress is predominantly attributed to the proactive support and initiatives from various government bodies, laying the foundation for a projected Compound Annual Growth Rate (CAGR) of 11.0% from 2023 to 2033. By 2033, the market is forecasted to achieve a notable total valuation of around US$ 497.4 million.
A key driving factor behind the expansion of the plant phenotyping market is the collaborative synergy and strategic partnerships cultivated among industry players, research institutions, and technology providers. These collaborative alliances within the industry function as catalysts for the development of integrated phenotyping solutions, effectively integrating hardware, software, and analytical capabilities.
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Through collaborative efforts among technology firms, equipment manufacturers, and research institutions, we are witnessing the emergence of innovative and user-friendly phenotyping platforms. These collaborations not only expedite the widespread adoption of plant phenotyping technologies but also foster the creation of bespoke solutions tailored to meet the distinct requirements of specific crops and agricultural systems.
Plant phenotyping assumes a pivotal role in breeding programs by facilitating the identification and selection of desirable plant characteristics for crop enhancement. The amalgamation of phenotypic data with genomics and molecular breeding techniques enables the development of superior crop varieties with amplified yield, disease resistance, and enhanced quality attributes. Plant phenotyping technologies streamline the screening of large populations and accelerate the breeding cycle, thereby reducing the time and costs associated with phenotyping.
The mounting demand for high-throughput phenotyping is poised to exert a substantial influence on market growth. High-throughput phenotyping facilitates the swift and simultaneous analysis of extensive plant populations, furnishing valuable insights into genetic variation, trait inheritance, and plant-environment interactions. Researchers and breeders are increasingly seeking efficient and scalable methods for the collection of phenotypic data, thereby propelling the demand for high-throughput phenotyping solutions. The integration of advanced automation technologies, robotics, and imaging systems is facilitating high-throughput phenotyping, propelling market expansion.
Furthermore, the escalating emphasis on enhancing plant stress tolerance and resilience is contributing to market growth. Climate change, environmental pressures, and evolving agricultural practices have heightened the necessity for plants endowed with augmented stress tolerance and resilience. Plant phenotyping assumes a pivotal role in the identification of stress factors, comprehension of plant responses, and development of stress-tolerant varieties. The precise measurement and quantification of stress-related traits, such as drought tolerance, heat tolerance, disease resistance, and nutrient efficiency, significantly bolster the adoption of plant phenotyping technologies.
The integration of phenotypic data with genomics, molecular breeding, and marker-assisted selection is propelling the uptake of plant phenotyping in breeding programs. Phenotypic data furnishes invaluable insights into the relationship between genotype and phenotype, empowering breeders to pinpoint genetic markers associated with desired traits. The fusion of phenotyping and genomics streamlines precision breeding, expediting the development of enhanced crop varieties with targeted traits.
Key Takeaways:
• Global plant phenotyping market was valued at US$ 156.5 million by 2022 to end.
• plant phenotyping Market From 2018 to 2022, the market demand expanded at a CAGR of 6.1%.
• North America is expected to hold a dominant CAGR of 10.9% during the forecast period.
• By Equipment, the imaging systems segment is expected to constitute a CAGR of 10.8% in 2033.
• On the basis of Software, data management & integration software segment is expected to dominate the market with a CAGR of 10.7% in 2033.
• From 2023 to 2033, plant phenotyping market is expected to flourish at a CAGR of 11.0%.
• By 2033, the market value of plant phenotyping is expected to reach US$ 497.4 million.
Adoption of Internet of Things (IoT) and sensor technologies, across the globe is a major factor that is expected to propel the growth of the plant phenotyping market in the near future, remarks an FMI analyst.
Competitive Landscape:
Prominent players in the plant phenotyping market are are LemnaTec GmbH, Qubit Systems Inc., Phenospex B.V., Keygene N.V., Rothamsted Research, CropDesign (a BASF company), Lemnatec Corp., Phenomix AG, PSI - Plant Phenotyping and Imaging Research Centre, and Heinz Walz GmbH, among others.
Recent Developments:
• In 2022, Heinz Walz launched the Heinz Walz PHENOTEC 3D. The PHENOTEC 3D is a 3D phenotyping system that can be used to measure plant traits such as height, width, and leaf area.
• In the same year, LemnaTec launched the LemnaTec Delta-T FieldSpec® X4 portable phenotyping system. The system is an upgraded version of the Delta-T FieldSpec® X3 system and includes new features such as a higher-resolution camera and a wider range of sensors.
• In 2022, Phenomix partnered with the University of California, Davis to develop new phenotyping technologies for the wine industry. The partnership will focus on developing technologies that can be used to improve the quality of wine grapes.
• Rothamsted Research launched the Rothamsted Research Phenotyping Platform in 2022. The platform is a hardware and software solution that helps researchers to collect, manage, and analyze plant phenotyping data.
More Valuable Insights Available:
Future Market Insights offers an unbiased analysis of the global plant phenotyping market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the plant phenotyping market, the market is segmented on the basis of equipment (growth chambers/phytotrons, imaging systems, robotics and automation, and phenomobiles), by software (imaging analysis software, data management & integration software, and statistical analysis and modeling software), by sensors (environmental sensors, physiological sensors, and spectral sensors), across seven major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa).
Key Segments Profiled:
By Equipment:
• Growth Chambers/Phytotrons
• Imaging Systems
• Robotics and Automation
• Phenomobiles
By Software:
• Imaging Analysis Software
• Data Management & Integration Software
• Statistical Analysis and Modeling Software
By Sensors:
• Environmental Sensors
• Physiological Sensors
• Spectral Sensors
By Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa