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 According to a new market research report titled “Food Safety Testing Market by Testing Type (Pathogens, Pesticides, GMO, and Toxins), Technology (Traditional and Rapid), and Food Tested (Meat, Poultry, & Seafood, Processed Food, Fruits & Vegetables, Dairy Products) – Global Forecast to 2027’, published by Meticulous Research®, the food safety testing market is expected to grow at a CAGR of 7.6% from 2020 to 2027 to reach $29.6 billion by 2027.

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Food testing is an essential part of the efficient production of harmless, valuable products. Today’s food industry demands inspection and testing to ensure good quality and protect public health. As adulteration is prevalent in the food industry, food testing requirement has a significant role. Food safety testing laboratories and food companies constantly conduct food safety tests to ensure that the product produced is edible using microbiological analysis. However, depending on the ingredients in the recipe, the laboratories recommend suitable testing for microbes.

The growth of the overall food safety testing market is backed by the rising incidence of food-borne illnesses, growing consumer awareness regarding the safety of food, implementation of stringent food safety regulations, and rising demand for convenience and packaged food products. Additionally, technological advancements for food safety testing methods provide significant growth opportunities for food safety testing manufacturers. However, the lack of infrastructure for food control, especially in developing nations, hinders this market’s growth to some extent. On the other hand, the lack of harmonization of food safety regulations poses a key challenge to the global food safety testing manufacturers.

The Impact of COVID-19 on the Food Safety Testing Market

The COVID-19 pandemic adversely hit many economies around the globe. As a measure to control the spread of this disease and avoid related severe consequences, governments across the globe announced partial or complete lockdown, which majorly impacted many manufacturing and service industries, including food safety testing.

There was an increasing consumer concern for processed food due to the outbreak of COVID-19 across different countries, leading to the increased demand for safe food. Due to the impact of COVID-19, in some areas, the food industry’s supply chain was disrupted or drastically changed with food business operators needing to adopt new business models, e.g. suppliers reorienting themselves to new markets. Food supply presented possible risks for infection, both environmentally (i.e. in food stores) or through contaminated foods/packaging. Apprehension pertaining to the safety of different types of food products is expected to increase the demand for tested food products in the coming years, driving the growth of the food safety testing market.

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To provide efficient analysis, Meticulous Research® has segmented overall food safety testing market based on testing type (pathogens {salmonella, campylobacter, E.coli, listeria, and others}, pesticides, GMO, toxins, and others), technology (traditional and rapid {PCR, DNA sequencing/NGS, immunoassay, chromatography, and spectroscopy}), food tested (meat, poultry, and seafood, processed food, fruits & vegetables, dairy products, cereals & grains, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

Based on testing type, the food safety testing market is mainly segmented into pathogens, pesticides, Genetically Modified Organism (GMO), toxins, and others. The pathogens segment commanded the largest share of the overall food safety testing market in 2020. The large share of this segment is mainly attributed to the rising foodborne illness and food poisoning, implementation of stringent regulations pertaining to food safety, and growing consumer awareness regarding health. However, the GMO segment is expected to grow at the fastest CAGR during the forecast period.

Based on testing type, the pathogen food safety market is segmented into salmonella, campylobacter, E. coli, listeria, and others. The salmonella segment commanded the largest share of the overall pathogen food safety testing market in 2020. The large share of this segment is mainly attributed to the rise in prevalence of food products infection and increasing Salmonella bacteria infection in foods such as meat & poultry, dairy, processed food, cereal and grain, and fruits & vegetables.

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Based on technology, the food safety testing market is segmented into traditional and rapid technology. Rapid technology commanded the largest share of the overall food safety testing market in 2020. The large share of this segment is mainly due to factors such as multi-functional testing options in less time; flexible testing to end-user industry; increasing incidence of foodborne diseases, viruses, and other microbiological contaminants associated with inadequate storage conditions; and unsanitary food handling practices. Moreover, this segment is also expected to grow at the highest CAGR, mainly due to its ability to test a wide range of contaminants compared to traditional technology.

Based on type of food tested, the food safety testing market is mainly segmented into meat, poultry, and seafood, processed food, fruits & vegetables, dairy products, cereals & grains, and others. The meat, poultry, and seafood segment commanded the largest share of the overall food safety testing market in 2020, mainly attributed to growing meat production and consumption, increasing demand for seafood products such as shrimp, marlin, crabs, lobsters, tuna, etc., and increasing consumer awareness and foodborne pathogen outbreaks through meat, poultry, and seafood products. However, the fruits & vegetables segment is expected to witness significant growth.

Geographically, the North American region commanded the largest share of the global food safety testing market in 2020. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The rapid growth of this region is mainly attributed to the increasing demand for processed food products in emerging and developing countries such as India, China, Indonesia, & Thailand; the increasing number of poisoning outbreaks with consumption of contaminated meat; and the rise in cases of food degradation, such as contamination, pesticides, and artificial taste enhancer.

The key players operating in the global food safety testing market are SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited (Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation (U.S.), AsureQuality Limited (New Zealand), Microbac Laboratories, Inc. (U.S.), Romer Labs Division Holding GmbH (Austria), TÜV SÜD AG (Germany), NEOGEN Corporation (U.S.), FoodChain ID Group, Inc. (U.S.), R J Hill Laboratories Limited (New Zealand), Symbio Laboratories (Australia), and BIOTECON Diagnostics GmbH (Germany) among others.

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Scope of the report:

Food Safety Testing Market, by Testing Type              

• Pathogens
  • Salmonella
  • Campylobacter
  • E. coli
  • Listeria
  • Others
• Pesticides
• Genetically Modified Organism (GMO)
• Toxins
• Others

Food Safety Testing Market, by Technology

• Traditional
• Rapid
  • Polymerase Chain Reaction (PCR)
  • DNA Sequencing/NGS
  • Immunoassay
  • Chromatography
  • Spectroscopy

Food Safety Testing Market, by Food Tested

• Meat, Poultry, and Seafood
• Processed Food
• Fruits & Vegetables
• Dairy Products
• Cereals & Grains
• Others

Food Safety Testing Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Poland
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific (RoAPAC)
• Rest of World
  • Latin America
  • Middle East & Africa

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According to a new market research report titled, “Smart Transportation Market by Transportation Mode, Product Type (Solution & Services), Application (Mobility as a Service, Route Information, Route Guidance, Public Transport, Transit Hubs, Connected Cars), and Region – Global Forecast to 2028″, published by Meticulous Research®, the smart transportation market is expected to grow at a CAGR of 17.5% from 2020 to 2028 to reach $33.6 billion by 2028.

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Smart transportation is one of the most important components of any smart city project. It is an advanced application with an aim to provide innovative services associated with different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and smarter use of transport networks.

The growth of this market is primarily attributed to the rapid urbanization and increasing demand for efficient transportation, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion, and increasing investments in smart city projects. In addition, the emergence of autonomous vehicles offers significant growth opportunities for the smart transportation market. However, the high initial cost of deployment and stringent transportation regulatory policies obstructs the growth of this market to some extent.

Impact of COVID-19 on Smart Transportation Market

The effects of COVID-19 are being felt across the transportation sector. From rickshaw pullers to airlines, all have been affected economically by the pandemic. All the modes of transportation such as trains, buses, flights, and cars are kept on hold unless the pandemic subsides. The travel restrictions that were put in place to minimize the spread of the virus hindered the capability of companies to transport passengers from different places around the world and the freedom of movement. As a result, transportation revenues dropped significantly; therefore, transport workers’ wages were deducted, other transport workers were laid off, and some transport companies closed due to bankruptcy.

In order to control the spread of COVID-19, many countries around the world have placed restrictions on domestic transit and/or closed border crossings for road freight transport services. The Maritime industry has largely proved resilient to the COVID-19 outbreak. Despite the current difficult times, a vast majority of ports have succeeded in staying open to cargo operations. However, most of them still remain closed to passenger traffic. Despite the disruptions at ports and crew changes, the shipping industry has largely continued to operate around the world, facilitating the movement of essential supplies and medicines that are needed to keep countries running and to deal with the global public health crisis.

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Transportation is among the most affected sectors in the world that will surely have to change its way of operations and business models. There are several questions and challenges in front of the transportation companies and government to gain the customer’s trust back in them and safeguard their safety and security. The pandemic has put the governments and transport companies in the challenge of adapting to the new norms, consider new means of transport operations, the efficiency of services provided to passengers, prioritizing passenger’s safety, and above all, preventing the Corona Virus from spreading. Since the transport industry is the most vulnerable and affected industry during the pandemic, it is anticipated that it will recover with a considerable growth rate over the next few years.

Key Findings in the Smart Transportation Market Study

The smart transportation market is segmented on the basis of by transportation mode (roadways, railways, airways, and maritime), product type (solution (smart ticketing & toll, parking management, traffic management, passenger information, freight information, telematics, and others)) & (services (consulting, deployment & integration, support & maintenance), application (mobility as a service, route information and route guidance, public transport, transit hubs, connected cars, and others), and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on the transportation mode, the smart transportation market is broadly classified into roadways, railways, airways, and maritime transportation. In 2021, the roadways segment is expected to command the largest share of the overall smart transportation market. Growing demand for better and sustainable roadways, progressive demand for safe transportation and better traffic management, government initiatives for smart roadways, and the growing trend towards the adoption of smart cities is expected to drive market growth.

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However, the railways segment is expected to grow at the highest CAGR during the forecast period. Growing demand for smart railway solutions, offering safety, reliable advanced services, and operational efficiency to passengers has been accelerated by the progressive trend of globalization & urbanization. The rise in the number of rail accidents has also increased the need to implement smart sensor technologies in railway coaches that can detect defects in bearings, wheels, and railway tracks to avert accidents. Besides, several local governments are encouraging initiatives and implementing advanced technologies for the improvement of smart railway systems, in turn driving the market growth.

Based on product type, the smart transportation market is broadly classified into solutions and services. In 2021, the solutions segment is expected to command the largest share of the overall smart transportation market. The solutions segment is further classified into smart ticketing & toll, parking management, traffic management, passenger information, freight information, telematics, and other solutions. Issues associated with public safety, traffic management concerns, positive government initiatives towards promoting smart transportation facilities, growing inclination towards eco-friendly automobile technologies, and rising investment in smart city projects across the world are expected to drive the growth of smart transportation solutions.

However, the services segment is expected to grow at the highest CAGR during the forecast period. The services segment is further classified into consulting, deployment & integration, and support & maintenance. The growing concern of organizations to gain visibility for diagnosing and troubleshooting problems before they impact operations or end-user experiences is expected to drive the adoption of smart transportation services. Furthermore, technical support and upgradation of smart transportation solutions is also necessary in order to ensure optimum utilization of these solutions, which supports the growth of the smart transportation services market.

Based on application, the smart transportation market is broadly classified into mobility-as-a-service, route information and route guidance, public transport, transit hubs, connected cars, and other applications. In 2021, the route information and route guidance segment is expected to command the largest share of the overall smart transportation market. The need to monitor different modes of transportation and traffic management and perpetually growing cases of accidents associated with transportation are expected to drive the growth of the smart route information and route guidance systems market. However, the connected cars segment is expected to grow at the highest CAGR during the forecast period. Growing demand from consumers for connectivity solutions, surge in need for constant connectivity, growing technology dependency, and an upsurge in the tech-savvy population are the key factors promoting the market growth.

Geographically, Europe is expected to command the largest share of the global smart transportation market in 2021. The European region, especially western Europe, is among the front runners in technological adoption and infrastructure development. Substantial investments for modernization and upgradation of rail infrastructure in the European countries is supporting the regional growth of the smart transportation market. Countries from Western Europe, such as the U.K, France, and Germany, already have a well-established transportation infrastructure, and several transportation operators in the region are using some of the advanced smart transportation solutions. Thus, the major factors contributing to the growth of the market include the rising government spending on improving the urban transport and traffic system of the region, especially in the U.K and France. Moreover, the increasing cross-border trade which has increased the traffic in the region is also among several key factors promoting the incorporation of smart transportation in the European economies.

The report also includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past four years. The smart transportation market has witnessed a number of partnerships, agreements & collaborations in recent years. For instance, In May 2021, Saab signed an agreement with the Bulgarian Air Force to deliver the innovative Deployable Maintenance Facility (DAM). The system will provide the Bulgarian Air Force with an efficient and flexible way to optimize its infrastructure capability.

The global smart transportation market is consolidated and dominated by few major players, namely Thales Group (France), Huawei Technologies Co., Ltd. (China), Siemens AG (Germany), IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), SAP SE (Germany), Cubic Corporation (U.S.), Alstom (France), Bentley Systems, Inc. (U.S.), Toshiba Corporation (Japan), Harris Corporation (U.S.), Saab AB (Sweden), Veson Nautical (U.S.), BASS Software Ltd. (Norway), and Indra Sistemas (Spain) among others.

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Scope of the Report

Smart Transportation Market, by Transportation Mode      

• Roadways
• Railways
• Airways
• Maritime

Smart Transportation Market, by Product Type                                     

• Solutions
  • Smart Ticketing & Toll
  • Parking Management
  • Traffic Management
  • Passenger Information
  • Freight Information
  • Telematics
  • Other Solutions
• Services
  • Consulting
  • Deployment and Integration
  • Support and Maintenance

Smart Transportation Market, by Application         

• Mobility as a Service
• Route Information and Route Guidance
• Public Transport
• Transit Hubs
• Connected Cars
• Other Applications

Smart Transportation Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Sweden
  • Denmark
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Singapore
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East and Africa
  • UAE
  • Israel
  • Rest of MEA

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According to a new market research report titled ‘Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture)—Forecast to 2030,’ in terms of value, the Europe spirulina market is expected to reach $156.61 million by 2030, at a CAGR of 13.3% from 2023 to 2030, while in terms of volume, the market is expected to reach 8,308.8 tons by 2030, at a CAGR of 7.5% from 2023 to 2030.

Spirulina is a spiral-shaped microalga that grows naturally in the wild in warm and freshwater lakes. Spirulina is a type of blue-green algae that is often consumed as a dietary supplement. It is a rich source of protein, vitamins, and minerals and is often used as a natural remedy for a variety of health conditions. Spirulina contains approximately 60-70% protein. It’s also a good source of several nutrients, including vitamin B, beta-carotene, vitamin E and gamma-linolenic acid, an essential fatty acid. It has powerful anti-oxidant, anti-cancer, and anti-inflammatory properties. It is also effective against anemia and controlling blood sugar. Owing to all these properties, spirulina is considered today’s superfood.

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The major factors driving the growth of the Europe spirulina market include the increasing health & wellness trends and the growing food supplements industry, the rising demand for natural food colors, the positive environmental impact of spirulina cultivation, strict regulations for the use of synthetic colors and flavors, the growing preference for spirulina-sourced products, and the increasing use of spirulina in aquaculture.

Furthermore, the growing demand for phycocyanin and increasing consumer awareness regarding clean-label products are expected to provide significant opportunities for the growth of this market. However, the low awareness regarding the benefits of spirulina and the complexities in algae production hinder the growth of this market.

The Europe spirulina market is segmented by product type, distribution channel, application, and geography.

Based on product type, the Europe spirulina market is segmented into powder, tablets, capsules, flakes, phycocyanin, and frozen spirulina. In 2023, the powder segment is expected to account for the largest share of the Europe spirulina market. The large market share of this segment is attributed to the rising demand for spirulina powder among nutraceutical manufacturers due to growing health consciousness among consumers, the increasing use of spirulina powder as an ingredient in various food & beverage products, the growing popularity of vegan diet, and the increasing incorporation of herbal ingredients in cosmetic products.

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Based on distribution channel, the Europe spirulina market is segmented into business channel and consumer channel. In 2023, the business channel segment is expected to account for the larger share of the Europe spirulina market. The large market share of this segment is attributed to the direct purchase of large quantities of spirulina by nutraceutical, food & beverage, and animal feed manufacturers, among others, from the business channel for further product development. Moreover, it is also expected to witness significant growth during the forecast period.

Based on application, the Europe spirulina market is segmented into nutraceuticals, food & beverages, animal feed, cosmetics, and agriculture. In 2023, the nutraceuticals segment is expected to account for the largest share of the Europe spirulina market. The large market share of this segment is attributed to the booming nutraceuticals sector, growing health concerns of the aging population in various countries, growing desire for natural alternatives to traditional pharmaceutical products, and increased awareness among consumers on the link between nutrition and health.

Moreover, it is also expected to witness significant growth during the forecast period, owing to the rising demand for functional and healthy foods and the growing prevalence of lifestyle-related diseases & people taking preventive healthcare measures.

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Based on geography, in 2023, France is expected to account for the largest share of the Europe spirulina market. France’s major market share is attributed to the scientific and technological developments in microalgae research for various healthy foods and dietary supplements, growing awareness among consumers for natural food products, increasing rates of chronic diseases such as obesity, diabetes, and heart disease, and rising stringent regulations against synthetic colors.

The key players operating in the Europe spirulina market are DIC Corporation (Japan), E.I.D. – Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), C.B.N. Bio-Engineering Co., Ltd (China), Givaudan SA (Switzerland), Fuqing King Dnarmsa Spirulina Co., Ltd. China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Cyanotech Corporation (U.S.), JIANGSHAN COMP SPIRULINA CO., LTD (China), TAIWAN WILSON ENTERPRISE INC. (Taiwan), Bluetec Naturals CO., LTD. (China), AlgoSource (France), Far East Microalgae Industries, Co., Ltd. (FEMICO) (Taiwan), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Necton S.A. (Portugal), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Tianjin Norland Biotech Co., Ltd (China), Allmicroalgae Natural Products S.A. (Portugal), Qingdao Haizhijiao Biotechnology Co., Ltd (China), BlueBioTech Group (Germany), Aliga Microalgae (Denmark), SPIFORM (France), Vedan Biotechnology Corporation (Taiwan), ALGALIMENTO SL (Spain), Aurospirul (India), Hangzhou OuQi Food co., Ltd. (China), Clos Sainte Aurore (France), Sea & Sun Organic GmbH (Subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Xi’an Fengzu Biological Technology Co., Ltd.(FZBIOTECH)(China), and Spirulina La capitelle (France).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/europe-spirulina-market-5499

Scope of the Report:

Europe Spirulina Market Assessment—by Product Type

• Powder
• Tablets
• Capsules
• Flakes
• Phycocyanin
• Frozen Spirulina

Europe Spirulina Market Assessment—by Distribution Channel               

• Business Channel
• Consumer Channel

Europe Spirulina Market Assessment—by Application    

• Nutraceuticals
• Food & Beverages
• Animal Feed
• Cosmetics
• Agriculture

Europe Spirulina Market Assessment—by Geography

• France
• Germany
• U.K.
• Italy
• Spain
• Netherlands
• Denmark
• Sweden
• Rest of Europe (RoE)

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Related Reports:

Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) – Global Forecast to 2030

https://www.meticulousresearch.com/product/spirulina-market-5070

According to a new market research report titled, ‘Smart Manufacturing Market by Technology (Robotics, AI, IIoT, Cloud, AR/VR), Application (Machine Inspection, Energy; Quality, and Warehouse Management; Planning, Surveillance, Optimization), End-use Industry, and Geography—Global Forecast to 2029”, the smart manufacturing market is expected to grow at a CAGR of 21.5% from 2022–2029 to reach $446.24 billion by 2029.
              
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The growth of this market is attributed to the factors such as the increasing number of government initiatives to promote industrial automation, the rising number of investments in Industry 4.0, growing demand for safety regulation compliance, and high labor costs in developed economies.

In addition, the advent of 5G connectivity in smart manufacturing and the proliferation of smart manufacturing in developing countries are expected to offer lucrative growth opportunities for the growth of this market. However, the high capital and operating expenses and a lack of standardization for technology platforms are some of the major factors restraining the growth of this market.

Impact of COVID-19 on the Smart Manufacturing Market

The outbreak of the COVID-19 pandemic had unprecedented impacts on public health, disrupting industrial structures, halting supply chains, and accelerating social reforms globally. Although the macro challenges, such as disrupted supply chains, decentralized workforce, and the provision of safe and healthy employee workspaces, were different than in past recessions, market players had to deal with monumental market dynamics.

The spread of COVID-19 severely impacted the performance of several industries and economies globally. Governments were forced to shut down manufacturing plants and halted import-export operations. As a result, several industries stopped their ongoing production operations, which disrupted supply chains and affected the demand-supply balance.

The COVID-19 outbreak significantly influenced the manufacturing industry by reducing its dependency on manual labor and highlighted the importance of adopting advanced technologies, such as AI, machine learning, and IoT. Thus, there is increasing adoption of smart manufacturing technologies from various industries in their production processes. The adoption of smart manufacturing has resulted in improved productivity, higher quality, near-zero design error, energy efficiency, leaner process, flexibility in production scale, increased agility, improved predictability, and enhanced process monitoring. These benefits align with the requirement of the new dynamic protocols precedent by the COVID-19 pandemic, influencing the adoption of smart technologies, digital automation, and industrial IoT demand across the industry.

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Smart manufacturing improved companies’ productivity and optimized the workforce required for the same role. It also facilitated remote factory monitoring at greater efficiency irrespective of time and place constraints. It provided the much-required flexibility to the manufacturing units to change the product design and quickly adapt to new processes as per clients’ demands.

Furthermore, the digital twin technology drastically reduced the cost of designing products in a single go. It also offered benefits such as accelerated risk assessment and production time, improved OEE through reduced downtime and improved performance, reduced risks in areas such as product availability and marketplace reputation; new business opportunities through mass customization, mixed manufacturing, small-batch manufacturing, improved product quality and enhanced insights into the performance of products in multiple real-time applications and environments.

Thus, the COVID-19 pandemic positively impacted the smart manufacturing market. It is anticipated that this trend of smart technologies adoption will continue and grow during the forecasted period. 

The smart manufacturing market is segmented by technology (robotics & automation, artificial intelligence, industrial IoT, cloud computing & storage, digital twin, industrial cybersecurity, additive manufacturing, blockchain, AR/VR), application (machine inspection & maintenance, quality management, inventory & warehouse management, production planning, surveillance & safety, energy management, resource optimization), end-use industry (automotive, heavy machinery & tools, electronics & semiconductors, aerospace & defense, fast-moving consumer goods, medical devices, food & beverages, pharmaceuticals, paints & chemicals, oil & gas, metals & mining, energy & power, pulp & paper, others), and geography. The study also evaluates industry competitors and analyses the market at the country level.

Based on technology, the smart manufacturing market is segmented into industrial IoT, cloud computing & storage, robotics & automation, industrial cybersecurity, additive manufacturing, AR/VR, digital twin, artificial intelligence, and blockchain. In 2022, the industrial IoT segment is expected to account for the largest share of the smart manufacturing market. The large market share of this segment is attributed to factors such as the consistent declining cost of industrial IoT sensors, the significant rise in the overall equipment effectiveness (OEE) through industrial IoT usage, and the increasing government initiatives to promote digital transformation. However, the blockchain segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by the increased demand for blockchain technology in the energy & power and industrial sectors, the increasing demand for real-time data analysis, and the rising need to enhance production with minimum maintenance, simplify business processes, and reduce downtime.

Based on application, the smart manufacturing market is segmented into surveillance & safety, quality management, resource optimization, inventory & warehouse management, machine inspection & maintenance, production planning, and energy management. In 2022, the surveillance & safety segment is expected to account for the largest share of the smart manufacturing market. The large market share of this segment is attributed to factors such as the growing requirement for reliable safety systems to ensure personnel and asset protection, the increasing need for video monitoring in manufacturing facilities, strict government mandates for safety regulations, and the rising need for real-time analysis and tracking. However, the inventory & warehouse management segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing need for tracking the movement of goods, increasing manufacturing output due to the adoption of Industrial IoT (IIoT), the growing significance of forecasting models, and the rise in automation for minimizing human interaction.

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Based on end-use industry, the smart manufacturing market is segmented into automotive, heavy machinery & tools, electronics & semiconductors, aerospace & defense, fast-moving consumer goods, medical devices, food & beverages, pharmaceuticals, paints & chemicals, oil & gas, metals & mining, energy & power, pulp & paper, other (agriculture, prefabricated construction, etc.). In 2022, the automotive segment is expected to account for the largest share of the smart manufacturing market. The large market share of this segment is attributed to factors such as the growth of the automotive sectors post-COVID-19-pandemic, the rising number of investments by automotive manufacturers for automation and development of next-generation automobile warehouses, and the need to reduce costs & downtime in production lines. However, the pharmaceuticals segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing need to adopt cost-control measures in the healthcare sector, the adoption of digital technologies in medical device manufacturing operations, and the need to ensure the safety and security of the pharmaceutical supply chain.

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to account for the largest share of the smart manufacturing market. This region is also slated to register the highest growth rate during the forecast period. The high market growth in Asia-Pacific is driven by the increasing deployment of automation across manufacturing units, the rising number of government initiatives for the adoption of industrial robots, the advent of Industry 4.0, and the presence of prominent key players in the region.

The report also includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past four years (2019–2022).

The smart manufacturing market is consolidated and dominated by a few major players, namely Amazon Web Services, Inc. (U.S.), Robert Bosch Manufacturing Solutions GmbH (Germany), Cisco Systems, Inc. (U.S.), 3D Systems Corporation (U.S.), Plex Systems, Inc. (U.S.), Cognex Corporation (U.S.), PTC Inc. (U.S.), FANUC CORPORATION (Japan), SAP SE (Germany), Mitsubishi Electric Automation, Inc. (U.S.), Emerson Electric Co. (U.S.), Siemens AG (Germany), Schneider Electric SE (France), ABB Ltd (Switzerland), Hitachi, Ltd. (Japan), and Intel Corporation (U.S.).

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Scope of the Report:

Smart Manufacturing Market, By Technology

• Industrial Internet of Things             
• Cloud Computing & Storage              
• Robotics & Automation
  • Robots          
  • Automated Storage and Retrieval Systems (ASRS) and Automatic Guided Vehicles (AGVS)       
  • Automated Assembly Lines      
  • Wearables & Mobile Devices     
• Industrial Cybersecurity     
• Additive Manufacturing      
• Augmented Reality (AR)/Virtual Reality (VR)   
• Digital Twin          
• Artificial Intelligence          
• Blockchain

Smart Manufacturing Market, By Application

• Surveillance & Safety         
• Quality Management          
• Resource Optimization      
• Inventory & Warehouse Management              
• Machine Inspection & Maintenance 
• Production Planning           
• Energy Management          

Smart Manufacturing Market, By End-Use Industry     

• Automotive
• Heavy Machinery & Tools
• Aerospace & Defense
• Metals & Mining
• Electronics & Semiconductors
• Medical Devices
• Food & Beverage
• Pharmaceuticals
• Oil & Gas
• Fast-Moving Consumer Goods (FMCG)
• Paints & Chemicals
• Energy & Power
• Pulp & Paper
• Other End-Use Industries (Agriculture and Prefabricated Construction)

Smart Manufacturing Market, By Geography

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest Of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia-Pacific
• Latin America
• Middle East & Africa

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According to a new market research report titled, ‘Artificial Casings Market by Type (Collagen Casing, Cellulose Casing, Plastic Casing, Fibrous Casing, Vegetarian Casing), Application (Vegan Sausages), Distribution Channel (Online), End User (Food Processing Companies, Retailers) – Forecast to 2029,’ in terms of value, the artificial casings market is expected to reach $5.14 billion by 2029, at a CAGR of 6.6% from 2022 to 2029. In terms of volume, the artificial casings market is expected to reach 51.93 billion meters by 2029, at a CAGR of 3.8% from 2022 to 2029.

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For decades, sausages have been stuffed into natural sausage casings made from the intestines of animals, but now artificial sausage casings are available in various shapes, sizes, and appearances, similar to natural sausage casings. Collagen casings have been around the longest and are produced from animal collagen, mostly from the hides of cows and pigs. Sometimes the bones and tendons are included, and the casings can also be made from poultry and fish. Collagen casings are cheaper and easier to use than natural casings as they provide better weight and size control of the sausage. In addition, artificial sausage casings can offer coloring agents, spices, smoke flavoring, and a variety of other materials as a part of the casing to be deposited on the product surface after stuffing and processing.

Impact of COVID-19 on the Artificial Casings Market

The COVID-19 pandemic emerged in Wuhan, China, in December 2019, leading to a global economic downturn. The pandemic led to limited production & demand, disrupted supply chains, and halted investments, significantly affecting the artificial casings industry. The COVID-19 outbreak also encouraged people to reevaluate their diets to boost immunity. While its origin remains uncertain, accumulating evidence links a wet market with the early spread of SARS-CoV-2 in Wuhan. As a result, there was a significant decline in global meat consumption as consumers reduced their intake of animal-based products and increased the consumption of plant-based food products. Furthermore, meat processing facilities operated at reduced capacities to ensure social distancing and employee safety, boosting the demand for meat alternatives and vegan products.

According to the Good Food Institute, in 2019, the sales of plant-based sausages and hot dogs reached $159 million in the U.S., an increase of 43% from 2018. The manufacture of plant-based sausages is largely independent of labor, which makes it less prone to staffing scarcities, as opposed to the production of red meat, which is relatively more labor-intensive.

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The COVID-19 pandemic negatively impacted the artificial casings industry across developed regions such as North America and Europe. According to Rabobank, an agricultural financial institution, as of April 2020, meat production in the U.S. declined by 20% compared to the previous year. This decline increased the prices of meat products, subsequently driving the prices of artificial casings. The pandemic also forced the closure of 17 meat processing facilities in the U.S. Furthermore, cattle slaughter in the U.S. declined by 19% during the second and third weeks of April 2020 compared to the same period in 2019. However, the outbreak of the COVID-19 pandemic led to a sudden increase in the availability of plant-based meat substitutes in the U.S., with retail chains expanding shelf and storage spaces for plant-based sausages to cater to the growing demand among consumers. In September 2020, Beyond Meat (U.S.) started selling its plant-based sausage patties across 5,000 stores in the U.S.

The COVID-19 pandemic also impacted the demand for animal-based food products in Europe, adversely affecting the artificial casings market in the region. There was also a significant increase in veganism, which boosted the demand for vegetarian casings in Europe.

The COVID-19 pandemic disrupted the meat industry across developing regions such as Asia-Pacific, the Middle East & Africa, and Latin America. The consumption of processed meat products also declined significantly. Disrupted supply chains and restrictions on trade further worsened the situation for meat product manufacturers. For instance, in July 2020, China’s National Health Commission issued coronavirus control guidelines for meat companies, mandating that imported livestock and poultry products be virus-free before processing in Chinese plants.

Furthermore, the Government of China aims to cut meat consumption in the country by 50% by 2030 to reduce emissions and the prevalence of obesity. Customers in Asia and the Middle East reduced their consumption of perishable and non-essential products, increasing the emphasis on consuming fresh produce such as vegetables. These negative impacts on the processed meat industry may lower the demand for artificial casings among meat-based sausage manufacturers; however, if this trend continues, the demand for vegetarian casings is expected to increase during the forecast period.

Key Findings in the Artificial Casings Market Study:

The artificial casings market is segmented based on type, application, distribution channel, end user, and geography. The study also evaluates industry competitors and analyses the market at the country level.

Based on type, the artificial casings market is segmented into collagen casings, cellulose casings, plastic casings, fibrous casings, textile casings, net casings, and vegetarian casings. In 2022, the collagen casings segment is expected to account for the largest share of the artificial casings market. However, the vegetarian casings segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the advancements in food technology, the increasing number of people with animal protein intolerance, the increasing venture investments in plant-based companies, and the rising vegetarian and vegan populations.

Based on application, the artificial casings market is segmented into animal-based sausages and plant-based sausages. In 2022, the animal-based sausages segment is expected to account for the larger share of the artificial casings market. The large market share of this segment is attributed to increased meat consumption, rising urban population, high popularity of collagen casing, and consumers’ growing preference for protein-rich diets. However, the plant-based sausages segment is slated to register the higher CAGR during the forecast period.

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Based on distribution channel, the artificial casings market is segmented into offline and online. In 2022, the offline segment is estimated to account for the larger share of the artificial casings market. However, the online segment is expected to register the higher CAGR during the forecast period. The rapid growth of this segment is attributed to faster accessibility and cost-effectiveness offered by online shopping platforms, the increasing internet and smartphone penetration, and the rising disposable income among consumers.

Based on end user, the artificial casings market is segmented into food-processing companies, food service providers, food retailers, and other end users. In 2022, the food-processing companies segment is estimated to account for the largest share of the artificial casings market. The large market share of this segment is attributed to the high demand for sausages which has led food processing companies to increase their sausage production, subsequently driving the demand for artificial casings. Furthermore, the growing preference for innovative food options and the rising automation in sausage production, resulting in maximized production efficiencies, contribute to the large market share of this segment. However, the food service providers segment is expected to register the highest CAGR during the forecast period.

Based on geography, the artificial casings market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is estimated to account for the largest share of the artificial casings market. North America’s large market share is attributed to factors such as the well-established food & beverage industry, the wide availability of sausage & processed meat products, the high average meat consumption, and the high number of fast food restaurant chains and sausage manufacturers. However, the market in Asia-Pacific is slated to register the highest CAGR during the forecast period.

Some of the key players operating in the artificial casings market are Viscofan, S.A. (Spain), Devro plc (U.K.), Selo B.V. (Netherlands), Shenguan Holdings (Group) Limited (China), DAT-Schaub Group (Part of Danish Crown AmbA) (Denmark), ViskoTeepak Holding Ab Ltd (Finland), Fibran S.A. (Spain), Viskase Companies, Inc. (U.S.), Nippi. Inc. (Japan), FABIOS S.A. (Poland), Kalle GmbH (Germany), Oversea Casing Company (U.S.), and Nutra Produkte AG (Switzerland).

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Scope of the report:

Artificial Casings Market, by Type

• Collagen Casings
  • Edible Collagen Casings
  • Non-edible Collagen Casings
• Cellulose Casings
• Plastic Casings
• Fibrous Casings
• Textile Casings
• Net Casings
• Vegetarian Casings

Artificial Casings Market, by Application

• Animal-based Sausages
  • Fresh Sausages
    • Pre-cooked Sausages
    • Smoked Sausages
    • Cured Sausages
  • Processed Sausages
• Plant-based Sausages

Artificial Casings Market, by Distribution Channel

• Offline
• Online

Artificial Casings Market, by End User

• Food Processing Companies
• Food Retailers
• Food Service Providers
• Other End Users

Artificial Casings Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Spain
  • Poland
  • Netherlands
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Chile
  • Argentina
  • Colombia
  • Rest of Latin America
• Middle East & Africa

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According to a new market research report titled, ‘Europe Chlorella Market  by Cultivation Method (Autotrophic), Product (Extracts), Source (Chlorella Vulgaris, Chlorella Pyrenoidosa or Sorokiniana), Application (Nutraceuticals, Food and Beverages, Animal Feed), Distribution Channel (B2C)–Forecast to 2030,’ in terms of value, the Europe chlorella market is projected to reach $240.3 million by 2030, at a CAGR of 7.2% during the forecast period 2023–2030. In terms of volume, the Europe chlorella market is projected to reach 14,939.8 tons by 2030, at a CAGR of 8.2% from 2023–2030.

Chlorella is a genus of green algae that have a spherical shape. It is a good source of protein, fats, carbohydrates, fiber, chlorophyll, vitamins, and minerals. It is mainly used in nutraceuticals, food & beverages, animal feed, cosmetics, and other similar applications. Due to its high nutrient profile, the demand for chlorella powder is increasing in the F&B industry as a food supplement that can be added to salads, breakfast meals, desserts, and soft drinks.

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The Europe chlorella market is segmented by cultivation method (autotrophic cultivation {open-pond autotrophic cultivation, closed-pond autotrophic cultivation}, heterotrophic cultivation), product (powder, tablets, extracts, capsules, and other chlorella products), source (chlorella vulgaris, chlorella pyrenoidosa/sorokiniana, and other sources), application (nutraceuticals, food & beverages, animal feed, cosmetics, and other applications), and distribution channel (business-to-business (B2B), business-to-consumer (B2C) {offline channel, online channel}). The study also evaluates industry competitors and analyzes the country-level markets.

Based on cultivation method, the Europe chlorella market is segmented into autotrophic cultivation and heterotrophic cultivation. The autotrophic cultivation segment is segmented into open-pond autotrophic cultivation and closed-pond autotrophic cultivation. The heterotrophic cultivation segment is projected to register the higher CAGR during the forecast period due to the benefits of heterotrophic cultivation systems, such as higher productivity, lower risk of contamination, low water consumption, low space requirements, and excellent purity of biomass. However, the construction, maintenance, and operation of heterotrophic systems are considerably more costly, which limits the adoption of the heterotrophic cultivation method.

Based on product, the Europe chlorella market is segmented into powder, tablets, extracts, capsules, and other chlorella products. In 2023, the powder segment is expected to account for the largest share of the Europe chlorella market. The large market share of this segment is mainly attributed to the growing usage of chlorella powder as a strong coloring agent, the growing number of health-conscious consumers, increasing demand from the food & beverages industry to use it as an ingredient, and the ability of chlorella powder to get rid of heavy metal and ash content like mercury from the body.

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Based on source, the Europe chlorella market is segmented into the chlorella vulgaris, chlorella pyrenoidosa or sorokiniana, and other sources. The chlorella pyrenoidosa or sorokiniana segment is projected to record the highest CAGR during the forecast period. The fast growth of this segment is mainly attributed to the ability of chlorella pyrenoidosa to grow very quickly and higher concentration of some vitamins and amino acids, like choline, and higher protein content. Further, chlorella pyrenoidosa or sorokiniana can provide natural detoxification for immune support.

Based on application, the Europe chlorella market is segmented into nutraceuticals, food & beverages, animal feed, cosmetics, and other applications. In 2023, the nutraceuticals segment is expected to account for the largest share of the Europe chlorella market. The large market share of this segment is mainly attributed to the increasing consumer awareness regarding the health benefits of chlorella, growing demand for functional foods, and the advantages of chlorella as an ideal health product that integrates metabolism, balances the body, and regulates immune effects.

Based on distribution channel, the chlorella market is segmented into business-to-business (B2B) and business-to-consumer (B2C). The business-to-consumer (B2C) segment is slated to register the highest CAGR during the forecast period. The growth of this segment is mainly driven by the growing vegan population, rising healthy eating habits, rising disposable income, the growing preference for personalization, consumer convenience, and greater product selection. Furthermore, the increasing consumer inclination towards online shopping is one of the factors expected to provide growth opportunities for stakeholders operating in this market.

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Based on geography, the Europe chlorella market is segmented into Germany, France, the U.K., Italy, Spain, the Netherlands, Denmark, Sweden, and the Rest of Europe. In 2023, Germany is expected to account for the largest share of the Europe chlorella market. The large share of this market is mainly attributed to the growing vegetarian population, rising consumer awareness about the health and environmental impacts of conventional meat and animal welfare, and rising technological advancements in chlorella production.

Key Players

The key players operating in the Europe chlorella market include E.I.D. – Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited) (India), C.B.N. Bio-Engineering Co., Ltd (China), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), JIANGSHAN COMP SPIRULINA CO.,LTD (China), DAESANG Corporation (Korea), Fuqing King Dnarmsa Spirulina Co., Ltd. China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), AlgoSource (France), Bluetec Naturals CO., LTD. (China), Yaeyama Shokusan Co., Ltd. (Euglena Co Ltd) (Japan), Sun Chlorella Corporation (Japan), Roquette Klötze GmbH & Co. KG (Germany), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Tianjin Norland Biotech Co., Ltd (China), Far East Microalgae Industries, Co., Ltd.(FEMICO) (Taiwan), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), Necton S.A. (Portugal), BlueBioTech Group (Germany), Qingdao Haizhijiao Biotechnology Co., Ltd (China), Pond Technologies Inc. (Canada), Hangzhou OuQi Food co., Ltd. (China), Reed Mariculture Inc. (U.S.), Vedan Biotechnology Corporation (Taiwan), Phycom BV (Netherlands), TAIWAN WILSON ENTERPRISE INC. (Taiwan), Gong Bih Enterprise Co., Ltd. (Taiwan), and Astaxa GmbH (Germany).

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Scope of the Report

Europe Chlorella Market, by Cultivation Method

• Autotrophic Cultivation
  • Open Pond Autotrophic Cultivation
  • Closed Pond Autotrophic Cultivation
• Heterotrophic Cultivation

Europe Chlorella Market, by Product

• Powder
• Tablets
• Extract
• Capsules
• Other Chlorella Products

Europe Chlorella Market, by Source

• Chlorella Vulgaris
• Chlorella Pyrenoidosa or Sorokiniana
• Other Sources

Europe Chlorella Market, by Application

• Nutraceuticals
• Food & Beverages
• Animal Feed
• Cosmetics
• Other Applications

Europe Chlorella Market, by Distribution Channel

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)
  • Offline Channel
  • Online Channel

Europe Chlorella Market, by Geography

• Germany
• France
• U.K.
• Italy
• Spain
• Netherlands
• Denmark
• Sweden
• Rest of Europe

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Related Reports

Chlorella Market by Technology (Open Pond), Product Type (Extract, Capsules) Source (Chlorella Vulgaris, Chlorella Pyrenoidosa or Sorokiniana) Application (Nutraceutical, Food and Beverages, Animal Feed), Geography – Global Forecast to 2028

https://www.meticulousresearch.com/product/chlorella-market-5162

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According to a new market research report titled, ‘Testing, Inspection, and Certification Market by Service (Testing Services, Inspection Services, Certification Services), Sector (Agriculture and Food, Retail, Automotive, Construction) – Global Forecast to 2030,’ the testing, inspection, and certification market is projected to reach $150.9 billion by 2030, at a CAGR of 5.7% during the forecast period of 2023 to 2030.

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Testing, inspection, and certification (TIC) services help companies operating across various industrial verticals improve their productivity, efficiency, and process within departments. Such services help organizations meet globally recognized standards, regulations, and policies set by governments to improve the product’s quality.

Earlier, TIC services’ performance was strictly confined to internal operations and was conducted within a particular department. However, factors such as consistently growing competition, pressure to concentrate on core operations, and efforts to reduce overhead expenses encourage companies to opt for third-party TIC services. This significantly encourages the market growth of outsourced testing, inspection, and certification services. Besides, TIC services also help companies build brand recognition among consumers, thus boosting sales and earning better profits.

Meticulous Research^® has segmented this market based on service, sector, and geography for efficient analysis. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on service, in 2023, the testing services segment is expected to account for the largest share of the testing, inspection, and certification market. The large market share of this segment is attributed to the strong recommendations from regulatory authorities to ensure safety and the growing emphasis from companies to improve product quality. However, the certification services segment is projected to register the highest CAGR over the forecast period.

Based on sector, in 2023, the agriculture and food segment is expected to account for the largest share of the testing, inspection, and certification market. The large market share of this segment is attributed to the growing demand for organic and processed food and the need to ensure quality and improve the productivity of food products. This segment is also projected to register the highest CAGR over the forecast period.

Based on geography, in 2023, Europe is expected to account for the largest share of the global testing, inspection, and certification market. The growth of this market is driven by the dynamic mandatory certification and government compliance and the presence of several industrial control and smart equipment manufacturers in the region. However, Asia-Pacific is slated to register the highest CAGR during the forecast period. This market is expected to witness rapid growth during the forecast period due to the strict regulatory standards imposed by governments, growing consumer awareness towards quality and environmental safety, and the rise in the illicit trade of forged & pirated goods.

The key players operating in the testing, inspection, and certification market are SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group Plc. (U.K.), TÜV SÜD (Germany), Dekra SE (Germany), TÜV Rheinland Ag Group (Germany), APPLUS+ (Spain), Eurofins Scientific SE (U.S.), British Standards Institution (BSI) (U.K.), TÜV Lloyd’s Register Group Limited (U.K.), Mistras Group, Inc. (U.S.), DNV GL (Norway), Element Materials Technology Ltd. (U.K.), ALS Ltd. (Australia), and UL LLC (U.S.).

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Scope of the Report:

Testing, Inspection, And Certification Market Assessment, by Service

• Testing Services
• Inspection Services
• Certification Services

Testing, Inspection, And Certification Market Assessment, by Sector                                     

• Agriculture and Food
• Retail
• Construction
• Machinery & Equipment
• Oil & Gas
• Chemicals
• Automotive
• Mining
• Transportation
• Healthcare
• Energy & Utilities
• Marine
• Government
• BFSI
• Other Sectors

Testing, Inspection, And Certification Market Assessment, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Israel
  • Rest of Middle East & Africa

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According to a new market research report titled, ‘Cell Culture Market by Product [Consumables (Media, Reagents, Sera, Cell Lines), Equipment (Bioreactor, Centrifuge, Cell Counter)], Application (Bioproduction, Cancer Research, Stem Cell, Diagnostic), End User (Pharma, Academic) – Global Forecast to 2029,’ published by Meticulous Research^®, the cell culture market is expected to grow at a CAGR of 11.7% from 2022 to 2029, to reach $48.63 billion by 2029.

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A major factor contributing to the growth of this market is the increasing prevalence of chronic diseases. Hence, research studies are carried out for the treatment of these diseases. The drug development-related research studies involve cell culture techniques. Furthermore, the aging population increases the chances of age-related chronic diseases, further driving the market growth.

Additionally, there has been an increase in the adoption of single-use technology due to its advantages compared to other conventional technology, such as pre-sterilized condition, no post-process cleaning of the system, and less contamination. These factors further propel the demand for cell culture products.

Additionally, the growing adoption of 3D cell culture and the growth potential of personalized medicine are expected to offer significant growth opportunities for the players operating in the cell culture market.

The cell culture market is segmented by product [consumables (media {cell culture media, by physical form–dry powder media, liquid media}, {cell culture media, by type–off-the-shelf media, custom media}, {cell culture media; source-chemically defined media, serum-free media, classical media, xeno-free/animal component free, other cell culture media}), reagents (growth factors and cytokines, cryoprotective reagents, antibiotics/ antimycotics, cell dissociation reagents, buffers, balanced salt solutions, attachment and matrix factors, other cell culture reagents), cells and cell lines, sera (fetal bovine serum, other sera), cell culture vessels (cell culture dishes, cell culture plates, cell culture flasks, roller bottles, other cell culture vessels)) equipment (cryopreservative containers, refrigerators and freezers, biosafety cabinets, incubators, sterilizers, bioreactors, microscopes, centrifuges, cell counters, water baths, other equipment)]; application [bioproduction (monoclonal antibody production, therapeutic protein production, vaccine production, cell and gene therapy)], diagnostics, cancer research, drug screening and development, stem cell research); end user (pharmaceutical and biotechnology companies, academic and research institutes, diagnostic laboratories); and geography (North America, Europe, Asia-Pacific, Latin America, and MEA). The study also evaluates industry competitors and analyzes their market shares at country and regional levels.

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Based on product, in 2022, the consumables segment is estimated to account for the largest share of the cell culture market. The segment is also expected to register the highest CAGR during the forecast period. The major factor contributing to the segment’s lucrative growth is the adoption of cell culture techniques for various applications in the life science sectors such as cancer research, stem cell research, bioproduction, and diagnosis. Hence, the recurrent use of consumables for research studies and production facilities.

Based on application, the bioproduction segment is expected to register the highest CAGR during the forecast period. Bioproduction includes monoclonal antibody production, therapeutic protein production, vaccine production, and cell and gene therapy. These applications are gaining popularity due to their effectiveness in treating diseases. Moreover, vaccine production was at a higher rate during the pandemic. Due to their effectiveness, an increase in approvals for monoclonal antibodies was also observed during the pandemic, contributing to the growth of this segment.

Based on end user, the pharmaceutical and biotechnology companies segment is expected to register the highest growth rate during the forecast period. The major factor contributing to the growth of this segment is the rise in R&D spending of these companies for drug discovery and developments, vaccine production, and cancer cells. Additionally, these companies use cell culture products to produce biomolecules, further leading to market growth.

Based on geography, Asia-Pacific is expected to register the highest growth rate during the forecast period. Major factors contributing to the growth of this segment are the expansion of the biopharma and pharma companies in the region, an increase in the funding for research studies, and the growing number of clinical research activities.

Some of the key players operating in the cell culture market are Merck KGaA (Germany), Thermo Fisher Scientific Inc. (U.S.), PromoCell GmbH (Germany), Cytiva (U.S.), Lonza Group Ltd (Switzerland), Corning Incorporated (U.S.), Becton, Dickinson and Company (U.S.), HiMedia Laboratories (India), Sartorius AG (Germany), Eppendorf SE (Germany), FUJIFILM Holdings Corporation (Japan), Agilent Technologies, Inc. (U.S.), Getinge AB (Sweden), Miltenyi Biotec B.V. & Co. KG (Germany), and Solida Biotech GmbH (Germany).

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Scope of the Report:

Cell Culture Market, by Product

• Consumables
  • Media
    • Cell Culture Media Market, by Physical Form
      • Dry Powder Media
      • Liquid Media
    • Cell Culture Media Market, by Type
      • Off-the-Shelf Media
      • Custom Media
    • Cell Culture Media Market, by Source
      • Chemically Defined Media
      • Serum-free Media
      • Classical Media
      • Xeno-free/Animal Component Free
      • Other Cell Culture Media
  • Reagents
    • Growth Factors and Cytokines
    • Cryoprotective Reagents
    • Antibiotics/ Antimycotics
    • Cell Dissociation Reagents
    • Buffers
    • Balanced Salt Solutions
    • Attachment and Matrix Factors
    • Other Cell Culture Reagents

                    (Other cell culture reagents include chelators, antioxidants, sugars, vitamins, stains, and dyes)

• Cells and Cell Lines
• Sera
  • Fetal Bovine Serum
  • Other Sera

                    (Other sera include newborn calf serum, chicken serum, goat serum, rabbit serum, pig serum, mouse serum, sheep serum, rat serum, and horse serum)

• Cell Culture Vessels
  • Cell Culture Dishes
  • Cell Culture Plates
  • Cell Culture Flasks
  • Roller Bottles
  • Other Cell Culture Vessels

                    (Other cell culture vessels include pipettes, tips, cuvettes, and tubings)

• Equipment
  • Cryopreservative Containers
  • Refrigerators and Freezers
  • Biosafety Cabinets
  • Incubators
  • Sterilizers
  • Bioreactors
  • Microscopes
  • Centrifuges
  • Cell Counters
  • Water Baths
  • Other Equipment

               (Other equipment includes scales, weighing balance, and pH meter)

Cell Culture Market, by Application

• Bioproduction
  • Monoclonal Antibody Production
  • Therapeutic Protein Production
  • Vaccine Production
  • Cell and Gene therapy
• Diagnostics
• Cancer Research
• Drug Screening and Development
• Stem Cell Research

Cell Culture Market, by End User

• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Diagnostic Laboratories

Cell Culture Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa

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According to a new market research report titled, ‘Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) – Global Forecast to 2030,’ In terms of value, the spirulina market is expected to reach $1.1 billion by 2030, at a CAGR of 9.4% from 2023 to 2030, while in terms of volume, the market is expected to reach $102,381.3 tons by 2030, at a CAGR of 8.0% from 2023 to 2030.

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Spirulina is a spiral-shaped microalga that grows naturally in the wild in warm and freshwater lakes. It is a blue-green alga. Spirulina contains approximately 60-70% protein, Vitamin A, B, and K. Spirulina has multiple health benefits; it has powerful anti-oxidant, anti-cancer, and anti-inflammatory properties. It is also effective against anemia and high blood sugar levels. Owing to these, spirulina is considered a superfood.

The major factors driving the growth of the spirulina market include the increasing health & wellness trends and dietary supplements industry, rising demand for natural food colors, growing vegetarianism, positive impact on the environment with spirulina cultivation, strict regulations regarding the inclusion of synthetic colors and flavors, growing preference for spirulina-sourced products, increasing use of spirulina in aquaculture, and growing investments from natural-color manufacturers.

Furthermore, the emergence of new application areas, growing demand for phycocyanin, rising demand for spirulina from bio-refineries, and increasing demand for fresh/frozen spirulina are expected to provide significant opportunities for the growth of this market. However, the low awareness of the benefits of spirulina, the complex production of algae products, and the risk of contamination restrain the growth of this market.

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The spirulina market is segmented by type, distribution channel, application, and geography.

Based on product type, the spirulina market is segmented into powder, tablets, capsules, flakes, phycocyanin, and frozen spirulina. In 2023, the powder segment is expected to account for the largest share of the spirulina market. The large market share of this segment is attributed to its rising demand from nutraceutical manufacturers due to the growing health consciousness among consumers, the increasing use of spirulina powder as an ingredient in various food & beverage products, the growing popularity of the vegan diet, and adoption of herbal ingredients in cosmetic products.

However, the phycocyanin segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly driven by the increased adoption of phycocyanin in the manufacturing of therapeutic & nutritional products, growing reluctance toward synthetic colors, rising demand for natural blue colorants, and investments from leading color houses in the phycocyanin space.

Based on distribution channel, the spirulina market is segmented into business channel and consumer channel. In 2023, the business channel segment is expected to account for the larger share of the spirulina market. The large market share of this segment is attributed to the direct purchase of bulk spirulina in large quantities by various manufacturers, such as nutraceuticals, food & beverages, and animal feed, among others, for further product development.

Based on application, the spirulina market is segmented into nutraceuticals, food & beverage, animal feed, cosmetics, and agriculture. In 2023, the nutraceuticals segment is expected to account for the largest share of the spirulina market. However, the food & beverage segment is expected to witness significant growth during the forecast period. Spirulina is gaining worldwide acceptance as a food ingredient due to its availability and sustainability of production, high nutritional and bioactive properties, and suitable functional properties. Moreover, the Food and Drug Administration (FDA) has approved spirulina extract as a natural blue coloring ingredient in food & beverage applications. The rapid growth of this segment is mainly driven by the growing demand for spirulina as a natural food color in confectionery products (including candy and chewing gum), frostings, ice cream and frozen desserts, dessert coatings and toppings, beverage mixes and powders, yogurts, custards, puddings, cottage cheese, gelatin, breadcrumbs, and ready-to-eat cereals.

Based on geography, in 2023, North America is expected to account for the largest share of the spirulina market. North America’s major market share is attributed to the growing awareness among consumers for natural food products, rising strict regulations against synthetic colors, growing demand for nutraceuticals, growth of subsidiary industries, such as cosmetics and biofertilizers, increasing preference for natural protein sources, and presence of key spirulina manufacturers with huge production capacities, especially in the U.S.

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However, the market in Europe is slated to register the fastest growth rate during the forecast period. The growth of this regional market is driven by the scientific and technological advances in microalgae research for health food and dietary supplement applications, rising consumer awareness regarding the benefits of natural food products, growing reluctance towards the usage of synthetic colors, the increased adoption of phycocyanin in the manufacturing of therapeutic & nutritional products, rising demand for natural blue colorants, and investments from leading color houses in the phycocyanin space.

The key players operating in the spirulina market are Clos Sainte Aurore (France), Spirulina Viva (Mexico), SPIFORM (France), Spirulina La Capitelle (France), Aurospirul (India), Far East Microalgae Industries, Co., Ltd. (Taiwan), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), DIC Corporation (Japan), E.I.D. – Parry (India) Limited (a subsidiary of M/s. Ambadi Investments Limited) (India), Cyanotech Corporation (U.S.), C.B.N. Bio-engineering Co., Ltd (China), Yunnan Green A Biological Project Co., Ltd. (a Subsidiary of Yunnan Spirin Biotechnology Co. Ltd) (China), Jiangshan Comp Spirulina Co., Ltd (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Bluetec Naturals Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Vedan Biotechnology Corporation (Taiwan), AlgoSource (France), Tianjin Norland Biotech Co., Ltd. (China), Allmicroalgae Natural Products S.A. (Portugal), Aliga Microalgae (Denmark), Taiwan Wilson Enterprise Inc. (Taiwan), Algalimento SL (Spain), Seagrass Tech Private Limited (India), Plankton Australia Pty Limited (Australia), Hangzhou Ouqi Food Co., Ltd. (China), JUNE Spirulina (a Part of JUNE Group of Companies) (Myanmar), Ordos Xinyuli Spirulina Industry Group Co., Ltd. (China), Qingdao Haizhijiao Biotechnology Co., Ltd. (China), BlueBioTech Group (Germany), Sea & Sun Organic GmbH (subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Givaudan SA (Switzerland), Nutragreenlife Biotechnology Co. Ltd. (branch of Greenlife Biotechnology Co., Ltd.) (China), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), and Necton S.A. (Portugal).

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According to a new market research report titled, “Meat Market by Product Type (Processed Meat, Fresh Meat), Animal Type (Cattle and Buffalo, Pig, Poultry, Sheep and Goat), by Distribution Channel (Business to Consumer (B2C), Business to Business (B2B) – Global Forecast to 2029”, the meat market is expected to reach $1,345.9 billion by 2029, at a CAGR of 5.7% during the forecast period 2022 to 2029.

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The meat industry is one of the largest segments of the food industry. Globally, meat consumption has increased gradually in the last 50 years and dramatically in some countries. Continuous rise in the consumption pattern of meat-eaters has been increased with a rise in the income levels. Fresh meat is usually characterized as meat that has not undergone any special processing prior to being sold, and meat that has been modified in some way to increase its flavor or extend its shelf life is considered processed meat. Meat demand is associated with higher incomes and a shift towards urbanization, especially in food consumption and dietary patterns.

The Impact of COVID-19 on the Meat Market

The COVID-19 pandemic impacted meat production, supply chain, and meat prices, causing a severe socio-economic crisis globally. Initially, meat and meat products’ prices were increased because of less production and increased demand, owing to the panic buying. Later, both meat production and demand decreased significantly due to lockdown restrictions and lower purchasing power of the consumers, further resulting in lowering meat prices. In April 2020, meat packing facilities started to shut down due to the rapid spread of the COVID-19 virus among workers in most countries, including the U.S. and European countries. Apart from this, the meat producers and processors also faced difficulty in harvesting and shipment of the products due to lockdown situations, a decrease in the labor force, restrictions in the movement of animals within and across the country, and changes in the legislation of local and international export market. These conditions adversely impacted the meat industry.

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The global meat market is segmented on the basis of animal type, product type, and distribution channel. The study also evaluates industry competitors and analyzes the market at a regional and country level.

Based on animal type, the global meat market is segmented into cattle and buffalo, pigs, poultry, sheep and goat, and other animals. In 2022, the cattle and buffalo segment is expected to dominate the overall meat market.  The dominant position of this segment is mainly attributed to the growing demand for beef, as it is a major source of proteins. Usually, cattle and buffalo meat have a higher protein content as compared to other meat types, including chicken, pork, turkey, and lamb. Surging awareness associated with the consumption of protein through high nutritional food and growing preference for beef over other meats owing to various diseases associated with poultry and pork is further expected to drive the growth of this market.

Based on product, the processed meat segment is expected to account for the largest share of the overall meat market in 2022, owing to the factors such as its ease of use and high availability and shelf life; and increasing demand for ready-to-cook food products due to busy lifestyles. Also, the growing urbanization and increasing per capita income among millennials is further expected to boost the growth of the processed meat market during the forecast period.

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Based on distribution channel, in 2022, the business to consumer (B2C) segment is expected to account for the largest share of the overall meat market due to the growing number of supermarkets and hypermarkets and increased overall product sales from these outlets; consumer preference for shopping from brick-and-mortar grocers due to easy access and availability; and increasing use of e-commerce platforms for purchase of essential goods.

Geographically, the meat market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is estimated to account for the largest share of the overall meat market in 2022. The major share of this region is mainly attributed to the increasing awareness regarding the importance of protein-rich diets, the increasing technological advancement and new product innovations in the food & beverages industry, the fast-growing economy, and the strong demand for meat and meat products in developing countries including China and India. Moreover, rapid urbanization, rising income, and changing lifestyles in the Asia-Pacific region have resulted in consumers opting for convenient ready-to-cook meat products.

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4-to 5 years. Some of the key players operating in the global meat market are Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.), JBS S.A. (Brazil), Hormel Foods Corporation (U.S.), American Foods Group, LLC (U.S.), Koch Foods, Inc. (U.S.), Smithfield Foods, Inc (U.S.), National Beef Packing Company, LLC (U.S.), Perdue Farms Inc. (U.S.), and Allanasons Private Limited (India), among others.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/meat-market-5261

Scope of the Report:

Meat Market, by Product

• Processed Meat
  • Frozen Meat
  • Chilled Meat
  • Canned Meat
• Fresh Meat

Meat Market, by Animal Type

• Cattle and Buffalo
• Pig
• Poultry
• Sheep and Goat
• Other Animals

Meat Market, by Distribution Channel

• Business to Consumers (B2C)
  • Modern Groceries
  • Wet Market & Butcher Shops
  • Convenience Stores
  • Other Channels
• Business to Business (B2B)

Meat Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Australia
  • Rest of APAC (RoAPAC)
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America (RoLATAM)
• Middle East & Africa

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