Cannabis has become the buzz word in the beverage industry, and mainstream companies are already taking strides in the CBD- and/or THC-infused drinks landscape. According to a new study by Fact.MR, the global sales of cannabis infused drinks will surpass US$ 200 Mn in 2019. While the legalization of marijuana in over 10 states of the U.S. sparked a wave of innovative product launches in the edibles space, the second wave of recreational marijuana legalization resulted in a lawful emergence and proliferation of cannabis infused beverages – alcoholic and non-alcoholic.

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Beer companies have already infiltrated the cannabis industry, with leading brewers investing millions to leverage the first-mover advantage, meanwhile banking on their anticipation of a nationwide legalization of cannabis in the foreseeable future. The study finds that cannabis infused beer leads the way, accounting for nearly 70% sales of ‘alcoholic’ category. This is significant, as the ‘alcoholic’ category is estimated to hold nearly three-fourth shares of the cannabis infused drinks market. Leading brewers are focusing their efforts toward navigating the hazy path rules & regulation to deduce prospective opportune potential of cannabis-infused beer.

For large beverage manufacturers, the push into cannabis initiated by the fear of missing out; and the current boom in pot investment by leading beverage companies is driven by the already trending shift of millennials from the usual wine or cocktails to cannabis-infused beverages, beer in particular. Availability continues to be a key sales propellant of cannabis infused drinks, as these beverages are approved to be sold in modern trade chains across regions where marijuana has been legalized for medicinal and recreational use.

The study finds a remarkable uptick in consumer preference for ‘non-alcoholic’ category, which range from functional drinks, tea and coffee, to juices. Although the non-alcoholic category currently accounts for meagre shares of cannabis infused drinks market, prospects are expected to be bullish as the permeation of recreational marijuana gradually grows, and players tap the opportune potential in the demographic group that cringes away from alcohol consumption. According to the study, sales of non-alcoholic cannabis infused drinks will record a 30% Y-o-Y in 2019 over 2018.

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THC-infused drinks have been the first preference among consumers, however CBD-infused drinks have also gained sheer traction in the recent past. These two cannabinoid categories are estimated to account for over 70% sales of cannabis infused drinks worldwide in 2019. However, the study opines that hybrid cannabis infused drinks that contain both CBD and THC strains will pick up pace gradually – estimated to register a 40% Y-o-Y in 2019 over 2018. 

Leveraging emerging technology, while tracking trends in mainstream beverage industries, in order to introduce innovative variants, continue to remain key expansion strategies of players in the cannabis infused drinks market. Additionally, the growing consumer preference for cannabis-infused products, which impart particular effects has been hard-pressing leading beverage companies in offering a diverse variety of THC as well as CBD dosages in their product offerings. A greater emphasis on organic and naturally-sourced ingredients continues to mold prospects of the cannabis infused drinks market. 

Report Overview: https://www.factmr.com/report/3383/cannabis-infused-drinks-market

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.

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According to a new study by Fact.MR, the global sales of starter feed surpassed 66,300 thousand tons in 2018. Myriad factors influence the dynamics of the starter feed market, which range from rising end user requirement for highly digestible and clean-label feedstuff, to ban on using antibiotics as growth promoters in animal feed.

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The study finds that end-users continue to show a marked preference for medicated starter feed, in light of its ability to prevent animals from developing cocci oocysts, and promote immunity. Starter feed containing amprollium slows the growth of the cocci oocyts, which causes coccidiousis – one of the most common chicken diseases. Although sales of non-medicated starter feed remain low, growing inclination of end users toward getting their livestock vaccinated against prevalent diseases.

According to the study, the tightening ban on using antibiotics in starter feed has led manufacturers to focus more on advances in formulations to enhance the feed conversion efficiency, while minimizing the cost per unit of the product output. Formulation of low-protein diets supplemented with synthetic amino acids is gaining a notable traction in the starter feed market, as a key winning imperative among leading players.

According to the study a key trend complementing the sales of starter feed is the rising demand for favorable alternatives to traditionally-used feedstock. Recent enhancements in processing technology have steered the production of quality and high palatability starter feeds, such as starter feed based on wheat-corn feeding ingredients. Formulation of protein- and rumen-rich starter feeds is a key focus area of manufacturers to capitalize on evolving end-user preferences.

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The study finds that that lucrativeness of the US for stakeholders in starter feed market shows no signs of abating, as regulations in the region continue to favor sales, medicated products in particular. Ceaseless efforts of feed brands, such as unique promotional strategies with effective use of buzz words like ‘clean label’ to appeal a  wider customer base, are also complementing growth of the starter feed market growth in the US. Additionally, several government studies estimate the beef exports in United States to grow, buoyed by a potent demand from various countries including Korea, Mexico, Canada, and Japan. 

Starter feed manufacturers are currently focusing on incorporating enzymes into the formulations of crumbles and pellets, in a bid to promote health and performance of livestock animals. The ability of enzymes to reduce the possible negative effects of feed such as impact of mycotoxins and other digestive problems is a key aspect that is driving their adoption in starter feed formulations. Additionally, the safe and sound impact of specialty amino acid-based starter feed on performance of poultry animals devoid of side-effects, have created new opportunities for stakeholders. 

As per the Fact.MR study, end-user demand for starter feed with good digestibility and enhanced quality is rapidly leading the infiltration of distillers dried grains with solubles (DDGS), as an effective replacer of corn and soya based variants in poultry diet. This, coupled with significant demand for corn feeding DDGS among cattle, is favoring adoption of starter feed among livestock farmers. Key players in the starter feed market are eyeing to uptake growing demand for fiber- and protein-rich DDGS, to maintain a competitive edge. 

Report Overview: https://www.factmr.com/report/3232/starter-feed-market

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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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A recent Fact.MR report finds that isomalto-oligosaccharide (IMO) sales in 2018 were ~420 thousand tons, and are estimated to record ~6% Y-o-Y in 2019. The IMO industry is primarily influenced by the ingredient’s benefits that extent beyond gastrointestinal tract, complemented by its growing popularity as a low-calorie sweetener in protein bars. Low glycemic index and high prebiotic fiber content in IMO has meant that adoption of this plant-based ingredient continues on an upward spiral in the supplements industry, to help health-conscious consumers achieve improved nutrient absorption and fat loss.

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According to the study, shares of the IMO market remains consolidated among four leading players, who hold a strong distribution and export their products to lucrative markets worldwide. These players are targeting potential consumers for boosting sales, with the US being one of the leading countries to create value. While frontrunners are focusing on collaborating with distributors and farmers for leveraging positive consumer sentiment on locally-sourced ingredients, entrepreneurs are entering into tie-ups with raw material providers.

Stakeholders in the isomalto-oligosaccharide market are adopting innovative marketing strategies to attract a wider pool of audience. Stage-wise investment in product development and commercial campaigns for raising awareness on health benefits of IMO, by sharing successful results of clinical trials, are some of the key efforts of manufacturers that will augur well for the IMO market growth.

The Fact.MR study opines that rising demand for non-GMO and allergen-free prebiotics in line with an increased focus of manufacturers on improving the quality of nutritional products will drive sales of isomalto-oligosaccharide. Recent proliferation of health-conscious consumers, coupled with their changing dietary habits to limit sugar intake by using low-calorie sweeteners, holds significant potential for higher IMO sales. 

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According to the report, application of IMO as a prebiotic agent and sugar substitute will remain high in the food and beverage industry, with wide applications in nutritional bars, dietary supplements, bakery & confectionary and functional foods. IMO sales in the food & beverage industry is estimated at ~290 thousand tons in 2019, primarily driven by high adoption in beverages and nutrition bars. The study also indicates that growing recognition of low-fiber diet as the root cause for chronic ailments, such as obesity, diabetes mellitus, and coronary vascular diseases, will increasingly contribute to gains in the IMO market. 

The study mentions that adoption of IMO isn’t limited to F&B industry, and potential opportunities exist in the pharmaceutical and animal feed sector. Growing preference for natural alternatives over conventional medicine will pave lucrative growth avenues for stakeholders that are eying stronger position in market banking on IMO syrups. 

The study opines that growth of the IMO market will remain promising. However, true potential of the market has been constrained by recent revelation from the FDA that there is no evident ground for physiological health benefits from IMO consumption. Additionally, FDA has not proposed to amend the list to include IMO as dietary fiber. Although key players are focusing on reformulation of their products, it is highly likely that several small players won’t act to the cause immediately, and IMOs will remain falsely labelled as ‘fiber’ in various food products in the foreseeable future. 

Report Overview: https://www.factmr.com/report/3751/isomalto-oligosaccharide-market

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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With a projection of 950 thousand tons marking global consumption volume by 2019 end, rainbow trout continues to witness healthy demand as a high-protein low-cholesterol fish variety. Characterized by its excellent omega-3 fatty acid profile, rainbow trout is likely to see sustained sales, strongly backed by a relatively cheaper price point.

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The healthier and good-for-you trend has been adding to the market attractiveness of protein-rich foods, particularly seafood. Rainbow trout is being increasingly touted as a protein-rich ingredient, as thus is witnessing strong demand from the seafood processing sector. Once overshadowed by salmon, rainbow trout is now reflecting clear signs of entering the mainstream as a low-cost fish for consumption. The cheaper price point remains an added advantage, and is likely to be the pivotal factor responsible for expanding the existing seafood consumer base.

Fact.MR’s study opines that the increasing consumer concerns surrounding high mercury levels in wild captured rainbow trout are accounting for falling sales of the wild captured variety. On the flipside, this scenario is favoring the sales of aqua-cultured fish in the global market, with global sales volume estimated to reach ~834 thousand tons towards the end of 2019.

Of late, seafood quality has been a serious concern among food processors and consumers alike, which is directing fish farming organizations and vendors to rationally shift to digital health monitoring of fish. Vendors of aqua-cultured rainbow trout have been behind this digitalization trend so as to assure the health and quality of rainbow trout. In addition, tightening regulatory guidelines for safe transportation and hygiene in case of consumption of fresh rainbow trout will continue to play a pivotal role in assuring absence of any contamination, which will further help vendors comply with the concerned food agency directives.

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According to the report, small rainbow trout is likely to witness impressive sales in 2019 and beyond, with the volume likely to near 660 thousand tons by the end of 2019. The study indicates that the demand for small rainbow trout has grown considerably in recent years, in line with the shifting preference of chefs and caterers for whole intact fillets that constitute a single portion. Growing market preference for plate-size whole fillets is propelling sales of small rainbow trout, thereby underpinning a solid position of fish on the restaurant and foodservice menus.

According to the study, seafood consumers have been showing marked preferences for fresh rainbow trout over frozen and canned variants. Highly versatile nature of fresh rainbow trout, with practically endless preparation alternatives, will continue to drive adoption in food products. Growing demand for farm raised, natural, and sustainable products across Europe will continue to create lucrative opportunities for fresh fish in the region.

The study opines that Europe will continue to lead the rainbow trout market owing to the high fish farming visibility in the region that has been further creating favorable environment for companies to poach in. The study identifies R&D optimization, increased purchasing and bargaining power of consumers, a rapidly expanding customer base, and improving export possibilities to firm up the already strong base for rainbow trout sales within European markets. Strong presence of leading companies that are technologically sound and are capable of catering to the massive growth in demand for rainbow trout, particularly in Russia, will assist in further growth of the market in Europe.

Report Overview: https://www.factmr.com/report/2084/rainbow-trout-market

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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A new business intelligence report of Fact.MR indicates that ~15 thousand kg of baru nuts were sold in 2018, and the sales are likely to spike by a whopping ~24%, yearly, in 2019. The global baru nuts market is anticipating exponential growth in foreseeable future, owing to the growing awareness about this superfood in foreign markets.

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Rapidly changing consumer sentiments in favor of the health and wellness trend, and widening application base in food processing industry will also remain significant impact factors associated with the baru nut sales. Growing adoption of baru nut as an ingredient in snacks, nutraceuticals, and confectionary products collectively accounted for sales of ~135 thousand kg baru nuts in 2018, says the report.

With elevated levels of vitamin E, fiber, protein, and calcium, coupled with the potential to develop wide range of food products, baru nuts continue to remain an anomaly in its native Brazil and for rapidly growing Western pool of customers. However, the canvas of baru nuts applications is anticipated to further widen, with several importers in the U.S. and Europe placing their focus on the high-protein legume nuts to capitalize the growing super food trend. While baru nuts remain comparatively unknown outside native Brazil, there are several finished packaged food products, such as Natuaris Muniz’s bread spread Barutella and various cooking oils, garnering growing traction of consumers.

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The study opines that growing focus of market players on creating an increased awareness about the health benefits of baru nuts is likely to fuel the sales of this superfood in the forthcoming years. Baru nuts are enriched in multiple minerals, such as potassium, magnesium, zinc, iron and phosphorous, and contain high amounts of protein and omega-3, 6, 9. Moreover, as baru nuts calorific content is optimal and is shown to boost satiety, they hold high potential of finding extensive applications in dietary products. Additionally, the nutritional composition and source of the baru nuts suffice the requisites of highly restrictive diets, such as keto and paleo diet, and can even find a place as an ingredient in gluten-free diets.

As per the study, while an increased number of companies have shifted their focus on creating awareness and collaborating with foodprenuers and food processing companies, the super nut is highly likely to get a wider place on the global shelves through 2029.

Though the market for baru nuts has been reaping higher gains via extensive applications in food processing industry, which accounted for ~90% of the overall sales, their lucrativeness in cosmetic and personal care industry is anticipated to grow through 2029. This falls in line with the numerous benefits of baru oil in helping revitalize the skin and hair. Furthermore, multiple cosmetic companies have been procuring baru oil for experimentation, owing to its herbal and organic aspect, which can help firms tap a growing pool of label-conscious customers.

Report Overview: https://www.factmr.com/report/1362/baru-nuts-market

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.

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Global consumption of EPA and DHA Omega-3 ingredients accounted for the market revenues worth US$ 4 Bn at 2018 end. As suggested by a recent Fact.MR report, it is highly likely that the EPA and DHA Omega-3 ingredients market revenues will see a robust 6.7% yearly hike in 2019.

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While a majority of shares are accounted by developed regional economies, the study also points to high growth potential of the market in developing regions. Fast-paced growth of the dietary supplements landscape and an incessant rise in the population together reflect a solid expansion ground for the EPA and DHA Omega-3 ingredients market, within developing Asian economies.

Positive consumer perception about the health benefits of natural food additives is likely to propel the demand for natural EPA and DHA Omega-3 ingredients market remains the key influencer enabling food manufacturers to bank on the integration of EPA and DHA Omega-3 ingredients in food products, to offer a soluble dietary fiber.

Witnessing the upward trajectory of the food and beverages industry equating the escalating inclusion of active pharmaceutical ingredients (APIs), the EPA and DHA Omega-3 ingredients market is set to spectate lucrative progress during the forecast period of 2019 to 2029.

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The demand for non-GMO food ingredients, such as EPA and DPA Omega-3 Ingredients, is observing an uptick on grounds of increasing awareness among populace regarding health-related concerns. This upward trend is motivating manufacturers to produce non-GMO certified products to their customers in the global food and beverage market. 

Guardians and parents are showing preferential inclination towards non-modified functional ingredients, such as non-GMO certified products, due to high concerns about the ingredients mixed in the baby products available in the market. EPA and DHA Omega-3 ingredients are being increasingly utilized in dietary supplements to counter the risks of cardiovascular and heart diseases. Furthermore, it reverses the growth of atherosclerotic plaque while decreasing the levels of blood pressure. 

With the ongoing innovation and customer trends, product developers are shifting to new devices and bioinformatics to remain in sync with food and beverage companies that require state-of-the-art ideas that can aid the market prosper at a pace. Food and beverage companies are also intensifying their focus on research and development activities to enhance the nutritional and multifunctional profile of food items, which offers high health benefits. 

Report Overview: https://www.factmr.com/report/4050/epa-and-dha-omega-3-ingredients-market

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

FactMR
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For the past few centuries, Cognac has gained universal recognition as one of the finest spirits which are distilled from grapes. Qualities of cognac in terms of intensity, warmth, and subtlety, remain incomparable, which have strengthened its identity as a ‘symbol of the elite’. Cognac was named after the town of Cognac in France and eventually, this brandy type started evolving, adapting to the modern tastes and appealing to newer demographics. Similar to the case of champagne, cognac continues to be protected by law and remains subjected to strict production criteria.

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Consumption of cognac isn’t limited to the provinces of France, rather America, Europe, and Asia have emerged to be three of the most lucrative markets for cognac over the course of time. The concept of cognac is certainly not new for consumers in the aforementioned regions, but the recent surge in demand for premium liquor experiences has upended the scenario and brought in new avenues for the cognac industry in terms of value as well as volume growth. However, it would be interesting to see how the prominent brands active in cognac space will continue to innovate and lighten the way for new entrants to boost their market standing.

North America stands firm as the leading market for cognac and is estimated to see impressive growth in the next 10 years. According to the recent studies, the US topped the list of the 10 leading cognac export markets in 2018 and demonstrated nearly 5% rise in volume terms, to 86.5 million bottles. Export volumes of the US were equal to the combined volume of other nine countries featured in the list, namely Singapore, China, the UK, Germany, France, Latvia, Hong Kong, South Africa, and the Netherlands.

Historically, the Black Americans were among the first ones who were introduced to the spirit and, hence, accounted for a significant proportion of the purchasers. However, in the recent past, concerted efforts of influential advertising by the cognac brands have evoked a wave of interest among the white consumers in North America. In addition to that, the patterns of cognac consumption in the chief regions of North America, in the US and Canada, remain largely influenced by cultural considerations and economic sentiments of the consumers across these regions. Occasions wherein cognac varieties are being served and savored are also changing considerably. From being a traditional digestif and a casual drink at special occasions, it appears that cognac varieties are successfully making their way into regular drink cabinets of the North American consumers.

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The demand for premium liquor continues to be on a tear, for the fact that premium alcohol varieties are not only infused with high-quality ingredients but also subjected to exhaustive distillation processes. Premium liquors are well popular for their fine-tuned viscosity & texture, which is a key reason they are perceived as investments worth the spending. This massive skew toward premium liquor is likely to give tailwinds to the sales of cognac in the coming years, with VS (very special) and VSOP (very superior old pale) being two of the ‘in-demand’ varieties. In addition, consumer interest in ‘experiential drinking’ is also a key reason boosting consumption of cognac, on the grounds that the new-age consumers value experiences over products.

Apart from the trend of premium drinking that has long been the core strengthener of cognac market revenues, budding appetite for brandy-based cocktails has benefited cognac sales by a wide margin. An increasing number of foodservice chains are promoting their redecorated menus with addition of new brandy-based cocktails, which is a part of their strategy to boost in-store footfall. Cognac, by far, remains one of the top-most choices for preparation of brandy-infused cocktails, given that cognac offers a window of opportunities for the foodservice operators in terms of flavor and aesthetic experiments.

Craft alcohol is emerging as the next big thing grappling consumer appeal, as crafts spirits are produced by licensed distilleries and come with the attestation of ‘reliability’. Experts foresee an optimistic growth of craft spirits in future with a strong opinion that the craft spirit sales can perform as well as, or even better than that of craft beer. Leading market players are hopping on the ‘craft spirit’ bandwagon and are developing new products to satiate this ever-evolving demand. The transition toward craft spirits is likely to further intensify in the coming future, adding new possibilities to the near-term outlook of global cognac market.

Report Overview: https://www.factmr.com/report/4051/cognac-market

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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Tel: +353-1-4434-232
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Estimated to witness moderate rise over 2018, the global potassium formate consumption volume is envisaged to reach ~650 KT in 2019. Fact.MR conveys indispensable insights on the potassium formate market in its recently published report that projects a steady volume growth outlook for the market. The present development trend of the potassium formate market remains highly influenced by an expanding number of industrial applications and increasing demand for efficient de-icers and drilling fluids, across the globe.

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Market breakdown by delivery form and by application reveals that Europe, coupled with North America, currently accounts for a sizeable revenue share in the global potassium formate market. The former however holds a fourth of the global market value, according to Fact.MR’s findings. The market attractiveness of East Asia-South Asia-Oceania cluster has been estimated to grow at a healthy rate over the period of next few years, assessing the increasing applicability of potassium formate in drilling and heat transfer fluids.

North America is projected to hold promising growth potential for potassium formate market. While the market in this region is expected to benefit from visibly increasing de-icing operational activities in snow prone airports in the region, it will also remain influenced by the growing preference of manufacturers for potassium formate over other de-icing salts, such as potassium acetate, and sodium formate, among others.

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The demand for de-icing salts is predominantly influenced by the winters in the Western Region. Countries, such as the U.S., Canada, and Russia are amongst those that experience heavy snow fall, for instance, the winter of 2017-2018 was higher than expected leading to repeated incidents of snow and sleet, leading to the mobilization of snow fighters from coast-to-coast. Harsh weather conditions across the country were experienced with freezing temperatures and snow storms inflicting havoc on our roads. The same trend was also experienced at airports. The report opines that this further drives the demand for de-icing salts, which are used at almost every airport throughout North America and Europe.

Potassium formate consumption in drilling applications currently accounts for a third of the global market revenues, as indicated by the report. Likewise, potassium formate applications in drilling fluids are expected to grow significantly during the forecast period, which can be attributed to the continued preference of consumers, for customized service and maintenance. Rising demand for superior industrial de-icers for the clearance of large scale snow from runways over conventional techniques from bull dozers and other machinery means has made lucrative opportunities for potassium formate during the forecast period.

Increasing demand for potassium formate in the solid as well as liquid forms has been witnessing rise in demand as an anti-corrosion agent and a competent de-icing material at airports. The critical use of potassium formate here has been the de-icing of runways as potassium its quickly penetrates snow and ice layers when mixed with corrosion inhibitors and other additives, detaching the snow from the concrete and melting it at a rapid pace.

Report Overview: https://www.factmr.com/report/3851/potassium-formate-market

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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.

Contact Us

FactMR
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27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

The latest Fact.MR study indicates that ~ 5,006 KT of polycarbonate resins were sold in 2018, and it is anticipated that the sales will rise by ~4% in 2019. The global polycarbonate resins market is highly likely to witness steady growth in the foreseeable years, which will primarily be driven by the radical increase in its applications in various industry verticals.

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Rapidly expanding applications in building & construction industry, which led to ~30% of total sales of polycarbonate resins in 2018, will continue to create lucrative growth avenues for stakeholders through 2029, says the report.

Polycarbonate resins’ applications are intensifying in a multitude of industries, ranging from electrical & electronics, and building & construction, to automotive. As per the study, bulk adoption of polycarbonate resins has been witnessed in the development of canopies, facades, security windows, shelters and skylights, tubular day lighting devices, and sloped gazing, in recent years. Wires and cables, lighting–CFL, LED, LED panels, battery housings, telephone components, radios, CD-players, and meter covers are also leveraging polycarbonate resins, as the demand for high-functionality offerings continues to spike. Polycarbonate resins also possess excellent heat resistance and insulation properties. Moreover, its flame retarding attributes are increasingly multiplying its application areas in electrical components and hardware.

Though applications in medical industry are currently at a nascent stage, Fact.MR’s analysis indicates that polycarbonate resins are likely to discover highly lucrative application opportunities in the medical industry, with extensive usage expected in wearable medical devices. Polycarbonate resins’ exceptional properties make it a safe and durable choice of material for housing medical components. The study indicates that the industry’s efforts on the development of advanced polycarbonate resin grades for the medical device and healthcare OEMs will gather pace, as a number of manufacturers shift their focus on squeezing margins out of untapped end-use areas. For instance, Covestro has developed polycarbonate resin medical grade for thermal wellness wearable, a bracelet type wearable device manufactured by Embr Labs.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3907

According to the study, gains will continue to remain concentrated in the automotive industry, as the blooming trend of lightweight components is pushing the adoption of polycarbonate resins in auto manufacturing. With the industry’s move towards the fuel-efficient future, the adoption of polycarbonate resins in the manufacturing of lightweight automotive components will be on the constant rise. Applications in automotive industry contributed to sales of ~734 KT of polycarbonate resins in 2018, which is highly likely to grow further for potential use in the manufacturing of hybrid components. The ongoing trend of hybrid speedometer will further push the development and demand for customized polycarbonate resin material. Covestro, for instance, has developed Makrofol® LM Polycarbonate Resin film with a 3D surface, which offers design freedom and gives the liberty to carry out functional integration of digital and analog elements.

The Fact.MR study opines that several manufacturers have delved into technologically advanced manufacturing approaches to keep their offerings at par with the need of the cutting-edge end use products. Smart grid electric system, which has polycarbonate resins as a building block, is emerging as a mine of opportunities for manufacturers, as the demand for these systems is notably rising since the recent past. Innovation of novel systems that offer continuous monitoring and communication using smart meters is gaining traction in the electrical industry.

Report Overview: https://www.factmr.com/report/3907/polycarbonate-resins-market

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

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

The latest Fact.MR study indicates that ~ 46,582 KT of liquid crystal polymer (LCP) were sold in 2018, and it is envisaged that the sales will pick pace by ~5% in 2019. The radical increase in the applications of liquid crystal polymer in electronics & electrical industry, which led to ~70% sales of LCP will continue to pace up lucrative growth avenues for market players through 2029, says the report. Growing penetration of miniaturization trend in electronics & electrical industry has attained all the limelight of stakeholders that are looking forward to expand their product applications.

Get the Report Sample to gain more information on the competitive landscape: https://www.factmr.com/connectus/sample?flag=S&rep_id=3968

As the automotive industry continues to embrace the trend of lightweight vehicles, in line with the growing demand for better performing motors and efficient fuel consumption, LCP is emerging as a viable substitute for heavy metal components. Increasing applications of liquid crystal polymer in auto industry led to ~13% sales of LCP in 2018. In thriving automotive industry, LCP is primarily witnessing traction for use in fuel contact components and battery components. Moreover, favorable properties of LCP, such as high chemical resistance, thermal resistance and good mechanical strength along with benefits of light weight continue to make liquid crystal polymers a material of choice for wide applications.

Sales of liquid crystal polymer are intensifying at a rapid pace, with a multitude of applications, ranging from electrical & electronics, and automotive to customer goods, sports, leisure and medical verticals. As per the study, the rapidly emerging technologies, such as 5G communication, 3D printing hold high stakes of growth for the liquid crystal polymer market during the foreseeable period.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3968

The study opines a group of researchers have recently developed a new grade of recyclable LCP for fused deposition modelling (FDM) 3D printing, which promise several benefits over the traditional ink models. The potential role of new grade LCP product in revolutionizing the 3D printing technology is anticipated to fillip growth prospects of the market players. 5G communication, on the other hand has emerged as a goldmine of applications for liquid crystal polymer during the forecast period. High flowability, high thermal stability, low water absorption, and low shrinkage properties of LCP, along with ability to fill thin-walled and small products in injection molding are paving way for its multitude applications in building 5G infrastructure.

The study opines that although LCP resin & compounds witnessed ~75% of the overall sales in 2018, and are witnessing significant adoption, the analysis indicated that the lucrativeness of liquid crystal polymer films is likely to grow by the end of the forecast period, as they are envisaged to expand at ~6% CAGR during 2019 and 2029. This can be attributed to the growing traction for liquid crystal polymer films to develop high in demand flexible printed circuits and for semiconductor packaging. Furthermore, increasing applications of LCP films in flexible solar cells, owing to its exceptional heat resistance and low water absorbency are also underpinning gains for the market. As per the study, LCP fibers will continue to lose its applications to aramid fibers.

Report Overview: https://www.factmr.com/report/3968/liquid-crystal-polymer-market

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

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593 
Email: sales@factmr.com
Blog: https://theheraldmedia.com/