Citrus Pectin Market Growth Rate and Revenue Forecast 2019-2029

The citrus pectin market is forecasted to experience a growth of more than 4% in coming years. Owing to changes in economic and environmental factors affecting the market, it is projected to maintain its steady growth in the forecast period. Top tier manufacturers in the citrus pectin market account for more than 50% share in the market. The movement of these key players determine the future of the citrus pectin market. The report discusses the development of players, as well as different factors affecting the citrus pectin market. Changes affecting the market such as decline in the production of citrus fruits, regional preferences and regulations, the socio-economic changes affecting the market, and changes in the consumer perception are included in the citrus pectin market report.

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As health-aware consumers are becoming conscious about ‘clean labels’ while purchasing food, the demand for clean label citrus pectin is expected to proliferate rapidly in coming years. Vegan and organic oriented consumers across the world are instigating the trend among citrus pectin manufacturers to strengthen their product portfolio of organic ingredients and texturizers, such as citrus pectin.

CP Kelco, one of the leading companies in citrus pectin, recently launched its new product line, NUTRAVA Citrus Fiber, which is a clean label food ingredient with applications in beverages, condiments, marinades, dressings, dairy & dairy alternatives, and meat & seafood. To be in line with the clean label trend, the company has been directing most of its efforts on innovating its clean label citrus pectin offerings with the launch of label-friendly citrus pectin.

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A global decline in the production of citrus fruits has been observed in recent years. The unprecedented challenges in citrus pectin production, such as tight supply and high costs of citrus fruits, are likely to put immense pressure on citrus pectin supply and production costs in the foreseeable future.

As orange is a key raw material used in the manufacturing of citrus pectin, a slump in its production may negatively impact the growth of the citrus pectin market. According to a biannual report published by United States Department of Agriculture (USDA), the global orange production was decreased in 2018 due to unfavorable weather. Orange juice has been reported to be on the rebound in 2019 as per the July 2019 report. Orange juice production in the United States is forecasted to grow by 75% in 2019. The import of orange juice is forecasted to reduce by 16% in 2019. A similar pattern of surge for citrus fruits in the market can be expected in 2019.

Thereby, the plunging supply of citrus peel and increased citrus prices is likely to result in an upsurge in citrus pectin production costs, impacting the overall growth of the citrus pectin market in the coming years.

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GMO Corn Market Volume Forecast and Value Chain Analysis 2017-2026

Growing instability in global weather conditions continues to hinder the farming produce, and agriculturists are compelled to adopt new techniques. Maize crops or corn, which are among the key source of energy for consumers, are being cultivated as genetically modified organisms (GMO) to meet the growing demands. Bioengineering technologies are being adopted by farmers, and leading biotech companies are partnering with agriculture sector players to promote production of GMO corn.

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Government initiatives towards extending the penetration of GMO techniques in agriculture sector is also driving the growth of global GMO corn market. However, increasing awareness on the presence of biotoxins in GMO crops has emerged as a key deterrent for consumption of GMO corn.

The report projects that over the forecast period, GMO corn with insect tolerant traits shall register the highest global volume CAGR of 9%. The report further estimates that demand for GMO corn with stacked traits of herbicide and insect tolerance will register sales of over 1,000 million units by the end of 2026. The report further reveals that majority of GMO corn will be sold through direct sales. In 2017, more than 380 million units of GMO corn were directly sold to the consumers across the globe. Through 2026, modern trade sales of GMO corn are expected to pick up momentum at a healthy CAGR of 8.9% in terms of volume.

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Key findings from the report reveal that food applications of GMO corn will not dominate the global GMO corn market in terms of volume. Interestingly, their use in feed production and residual applications will account for global sales of over 760 million units of GMO corn by the end of 2026. The report also reveals that North America will be the largest consumer of GMO corn, while the Asia-Pacific excluding Japan (APEJ) will spearhead the global GMO corn production. Higher acceptance of GMO crops among consumers in the US and Canada will keep North America at a leading position in the expansion of the global GMO corn market through 2026.

Companies spearheading the global production of GMO corn have been profiled in the report. These include, AgReliant Genetics LLC, BASF, Bayer CropScience, Canterra Seeds, Dow Agroscience, DuPont, Groupe Limagrain, Kleinwanzlebener Saatzuch SAAT SE, Land O'Lakes, Monsanto Company, Syngenta AG, and Takii Seed. Majority of these companies are expected to focus on extending collaborations with governments and capitalize from initiatives promoting the GMO cultivation practices to meet future demands.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Fired Heaters Market: Preference for Tailor-Made Fired Heaters

The global fired heaters market is characterized by a mix of consolidation of high-end solutions, and fragmentation of low end products. The top five companies collectively account for leading shares of the fired heaters market. Product innovation, development of industry-specific solutions, and expansion in proliferating regional markets, are some of the key growth strategies of leading players in the fired heaters market.

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Investment into new product developments by fired heater manufacturing giants have witnessed a marked rise in the recent past, owing to the expanding application scope of fired heaters. These players are also focusing on discovering new materials and innovations in processes, to save on cost while focusing on sustainability.

Process-specific development of fired heaters is another key focus area of the market players that has gained emphasis recently, in line with growing number of contracts between manufacturers and end users for delivering customized, tailor-made solutions, which has further led to widening application scope of the fired heaters as a consequence. The opportune potential of East Asian and South Asian markets has traditionally been strong for players in the fired heaters market, and the status-quo is expected to prevail in the near future, as more manufacturers invest into erecting manufacturing facilities in the region to cater growing demand.

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Key players operating in the fired heaters market, as profiled in the study, include AbsolutAire, Inc., TechEngineering S.r.l., Optimized Process Furnaces, Inc., G.C. Broach Company, Thermax, Exotherm Corporation, Amec Foster Wheeler, Sigma Thermal, Hetsco Inc., Unit Birwelco Group, and Boustead International Heaters Ltd.

Against the backdrop of emerging emission control requirements coupled with the increasing demand for cost-effective equipment in industries, end-use sectors are preferring direct-fired heaters, owing to relatively greater cost-effectiveness, durability, and application diversity. In addition, as end users look for greater efficiency in their heating processes, direct-fired heaters are gaining utmost preference in light of their capability to attain 100% efficiency.

According to the study direct-fired heaters are estimated to account for over 75% sales. Companies operating in the fired heaters market continue to explore new ways to cash in on growing customer inclination towards direct-fired heaters, formulating key strategies such as collaborations and new product development. Direct-fired heaters that deliver high air volume in proportion to the heat output are key developments of the market players in the recent past for gaining a competitive edge.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Microreactor Technology Market Company Overview, Current Developments and Strategies 2025

Tier 3 players hold the hegemony in the microreactor technology market, with a revenue share of nearly 40%. Focus on specific product segments, along with volume sales through the development and maintenance of an adequate product supply, remains one of the primary agendas among the emerging players in the microreactor technology market. . However, higher dependency of tier 3 players on contracts has arrested enhancements in their product portfolios and technological developments.

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Meanwhile, the tier 1 players in the microreactor technology market remain focused on novel drug delivery system launches, and strategic alliances with the regional players to extend their market footprint. These players are also oriented toward expansion of manufacturing facilities in regions with significant growth potential, such as India and China, to capitalize on the emerging opportunities.

Resurgent growth of chemical industries in the past few years has meant that demand for process intensification to achieve optimal results has also taken off. Microreactor technology has gained widespread acceptance among manufacturers of fine as well as specialty chemicals who seek streamlining their production costs while tackling environmental challenges. Additionally, high compatibility of the microreactor with mixing operations, such as mass transfer and heat transfer, have improved its visibility in the overall chemical industry landscape. Microreactor technology is expected to witness high traction, as it facilitates one-step reactions, while eliminating the risk of alternate reactions, which results in greater polish and higher yields of finished products. Provision of clarity on crucial operational parameters, and enabling seamless process flexibility along with enhanced productivity, are other aspects driving demand for the microreactor tehnology. Microreactor technology is further expected to continue gain momentum with its greater speed and convenience compared to the conventional processes in various mixing applications.

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Drug development processes in the pharmaceuticals industry are witnessing notable refinements in the internal processes, in line with the evolving market pressures. With the drug development costs being extremely high, key pharmaceutical companies are vying to come up with new products in the market space and enhance research and development throughput. Ability of microreactor technology to decrease time-to-market, which remains one of the highly valued aspects, is empowering its adoption in case of drug development processes. Solid evidences demonstrating higher gains achieved, with reduced development times and enhanced productivity, have necessitated adoption of microreactor technology in the pharmaceutical landscape. Microreactors are set to evolve as a standard tool for pharmacists to achieve production scale-up, which is one of the prominent bottlenecks of a drug development process, along with improved R&D efficiency.

Rising clamor for energy resources across the globe and increasing concerns of global warming have induced a massive shift toward biodiesel as an alternative fuel with low environmental detrimental impacts. Microreactor technology helps in carrying out faster transesterification, a commonly accepted technique for biodiesel production. Types of microreactors used in case of biodiesel production come in various structures and shapes that are designed in a way to facilitate proper mixing and reaction. Biodiesel production by transesterification using microreactors offer the convenience of faster reaction rates and increased rate of product synthesis, thereby resulting in higher gains within reasonable time period. Capillary microreactors have been reported as one of the first ever microreactor types utilized in biodiesel synthesis.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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