Eco Fiber Market by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2030 Get more info: https://www.stellarmr.com/report/Eco-Fiber-Market/1055 Eco Fiber market is segmented by Type, Application and geography. On the basis of Type, the Eco Fiber market is segmented under Organic Fibers, Recycled fibers, Regenerated fibers and others. Based on the Application, the Eco Fiber market is segmented under Clothing/Textile, Households & Furnishings, Industrial, Medical and Others.

Transplantation Therapeutics Market is anticipated to reach US$ 1.44 Bn by 2029 from US$ 1.09 Bn in 2022 at a CAGR of 4 % during a forecast period. Transplantation Therapeutics Market Report Overview: The report comprehensively encompasses the analysis of insights concerning the Transplantation Therapeutics Market, including its dynamic patterns, industry landscape, and all significant aspects of the market. An in-depth examination of key players is also presented within the Transplantation Therapeutics Market report. Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/95404 Transplantation Therapeutics Market Scope and Research Methodology The aim of this report is to assess and predict the size of the Transplantation Therapeutics Market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Transplantation Therapeutics Market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Transplantation Therapeutics Market industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Transplantation Therapeutics Market share over the forecast period. In-depth understanding of the Transplantation Therapeutics Market industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Transplantation Therapeutics Market industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Transplantation Therapeutics Market industry. Transplantation Therapeutics Market Segmentation: by Drug Class Antibody Therapies Calcineurin Inhibitors Anti-proliferative Agents mTor Inhibitors Corticosteroids Others by Distribution Channels Hospital Pharmacies Online Pharmacies Retail Pharmacies Transplantation Therapeutics Market Key Players: 1. Novartis International AG 2. GlaxoSmithKline Plc 3. AbbVie Inc 4. Pfizer Inc 5. Astellas Pharma Inc 6. Gilead Sciences Inc 7. Quark Pharmaceuticals Inc 8. Takeda Pharmaceutical Company Ltd 9. Sanofi 10. Boehringer Ingelheim 11. Stryker Corp. 12. Medtronic PLC 13. 21st Century Medicine 14. Biolife Solutions 15. Teva Pharmaceuticals 16. Veloxis Pharmaceuticals 17. F. Hoffmann-La Roche Ltd. 18. Mylan NV 19. Sun Pharmaceutical Industries Ltd 20. Cadila Healthcare To Gain More Insights into the Market Analysis, Browse Summary of the Research Report: https://www.maximizemarketresearch.com/market-report/global-transplantation-therapeutics-market/95404/ Transplantation Therapeutics Market Regional Analysis: The report is segmented into several key countries, with market size, growth rate, import and export of Transplantation Therapeutics Market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa. Key Offerings: A detailed Analysis of the Market Overview Market Share, Size & Forecast by Revenue | 2023−2029 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region Competitive Landscape – Top Key Vendors and Other Prominent Vendors About Maximize Market Research: Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies. Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India sales@maximizemarketresearch.com +91 96071 95908, +91 9607365656

Acetic Acid Market Size Report 2021, Recent Trends, Share, and Growth forecast to 2028 The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Bioplastics Market Size, Trends, Growth Status, Key Players Overview, Price Analysis, Share Estimation and Forecast to 2028 The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940

Hi Tech Medical Devices Market Growth Tactics, Regional Analysis 2032 A detailed analysis of the Global Hi Tech Medical Devices Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Hi Tech Medical Devices Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances. An analysis of Hi Tech Medical Devices's growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Hi Tech Medical Devices market to give a clearer picture of its regional distribution and growth. Request a sample report of Hi Tech Medical Devices Market @ https://www.reportsanddata.com/download-free-sample/6376 Market Overview: In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors. Key Players covered in this report are • Company 1 • Company 2 • Company 3 • Company 4 • Company 5 • Company 6 • Company 7 Based on Product Type market is segmented into: • Product 1 • Product 2 • Product 3 • Product 4 • Product 5 Based on Application market is segmented into: • Application 1 • Application 2 • Application 3 • Application 4 • Application 5 Read the full report @ https://www.reportsanddata.com/report-detail/hi-tech-medical-devices-market Based on Region market is segmented into: • North America • Europe • Asia-Pacific • South America • Middle East & Africa Major Points covered in this report are as below: • An analysis of Hi Tech Medical Devices industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study. • In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures. • In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins. • This report provides information on the market status of Hi Tech Medical Devices manufacturers and provides valuable insight into the market for companies and individuals. Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/6376 We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

Europe Wine Market Business ideas and Strategies forecast by 2028 The wine market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the wine market will project a CAGR of 7.6% for the forecast period of 2021-2028. The scope of Europe Wine Market research report can be overviewed in terms of industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment. This market report comprises of an all-inclusive market data that makes it easy for the Asia-Pacific Kegs industry to take strategic decisions and attain growth objectives. This exclusive and excellent market report has been formulated by a team of keen analysts, skilled researchers and skilled forecasters who work strictly for the best outcome. The wide ranging Europe Wine Marketing report assures brilliant solution to the challenges and problems faced by Asia-Pacific Kegs industry. Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-wine-market Europe Wine Market Scope and Market Size The wine market is segmented on the basis of type, color, product type, packaging, body type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. Europe Wine Market Country Level Analysis The countries covered in the wine market report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe. Competitive Landscape and Wine Market Share Analysis The wine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wine market. The major players covered in the wine market report are Accolade Wines, The Wine Group, Davide Campari-Milano N.V.., E. & J. Gallo Winery, Constellation Brands, Inc., John Distilleries, India, Castel, Compagnia del Vino, AMVYX, BACARDI, Pernod Ricard, TREASURY WINE ESTATES, Caviro, Miguel Torres S. A., Concha y Toro, Sula Vineyards., Chapel Down, Treasury Wine Estate, Remy Cointreau, E & J Gallo Winery, Vina Concha y Toro, Andrew Peller Ltd, Diageo Plc, Miguel Torres SA, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/europe-wine-market Highlights of TOC: Chapter 1: Market overview Chapter 2: Europe Wine Market Chapter 3: Regional analysis of Europe Wine Market industry Chapter 4: Europe Wine Market segmentation based on types and applications Chapter 5: Revenue analysis based on types and applications Chapter 6: Market share Chapter 7: Competitive Landscape Chapter 8: Drivers, Restraints, Challenges, and Opportunities Chapter 9: Gross Margin and Price Analysis Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=europe-wine-market Browse Related Reports@ https://www.databridgemarketresearch.com/reports/global-high-pressure-contrast-media-injectors-market https://www.databridgemarketresearch.com/reports/us-satellite-launch-services-market https://www.databridgemarketresearch.com/reports/global-medical-coding-market About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market Contact: Data Bridge Market Research Tel: +1-888-387-2818 Email: Sopan.gedam@databridgemarketresearch.com

Acetic Acid Market Size, Share And Major Industry Players Forecast (2020-2028) The global acetic acid market size is expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Automotive Tinting Film Market Size, Share And Major Industry Players Forecast (2020-2027) The global automotive tinting film market size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019 Market Driver: Surging Carbon Emissions to Spur Business Opportunities The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period. Market Restraint Drastic Fall in Car Sales to Thwart Market Development During Coronavirus The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Regional Analysis: High Adoption of Tinting Films to Boost Growth in Asia Pacific The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others. Information Source: https://www.fortunebusinessinsights.com/automotive-tinting-films-market-102312

Thermoformed Plastics Market and its Types and Application The global thermoformed plastics market size is expected to reach USD 59.74 billion by 2027, exhibiting a CAGR of 5.7% during the forecast period. The growing awareness about hygienic packaged food products is expected to foster healthy growth of the market, states Fortune Business Insights, in a report The market size stood at USD 40.59 billion in 2019. Market Driver: Significant Demand for Packaged Food to Enable Growth The increasing demand for packaged food owing to the evolving habits of consumers will foster the healthy growth of the market. The increasing income and expenditure are factors expected to contribute positively to the market growth. The high-barrier properties, extended shelf-life, contamination prevention of thermoformed plastics make it suitable for food packaging, thus boosting the growth of the market. Moreover, the growing need for sturdy packaging in convenience foods products will spur demand for such plastics. The surging population has resulted in increasing food production to cater to the needs of consumers, in turn aiding the growth of the market. The increasing urbanization in rural areas will have a positive effect on the market. The infrastructural development and technological advancements in packaging techniques will bolster the significant growth of the market. Disturbed Production of Plastics to Impede Business Amid Coronavirus The declined plastic production and supply is expected to have a drastic impact on the global market. The closed manufacturing facilities due to lockdown imposed by governments will aggravate the business in the forthcoming years. The disruption caused by the pandemic has severely affected the supply chain of dairy products, medicines, sanitizers, food, disinfectants, face masks, and others. However, the improving situation will urge governments to lift lockdowns, in turn, stabilizing the manufacturing sector and promoting the market. Regional Analysis: Prospering Healthcare Sector to Aid Growth in North America The market in North America is expected to experience a high growth rate during the forecast period owing to the rapid industrialization and technological advancements in the packaging industry. The growing demand for medicines and drugs in the healthcare sector will contribute excellently to the market. The evolving consumer lifestyle and disposable income will favor the healthy growth of the market in the region. Asia Pacific is expected to hold a considerable share during the forecast period owing to the growing polymer formulations in developing nations such as China and India. China is the largest supplier of plastics products. The rapid urbanization and improved living standard of people can have a tremendous effect on the market in the region. Moreover, the growing automotive and construction sector is likely to fuel demand for thermoformed plastics in the region. Key Development: July 2020: Anchor Packaging LLC, announced it has acquired Panoramic Inc. manufacturer of thermoformed products. This acquisition will broaden the offering to produce, attract bakery, confectionery customers, and deli. Information Source: https://www.fortunebusinessinsights.com/thermoformed-plastics-market-104032

Hummus Market Trends Evaluation, Demands, Regional Analysis and Forecast to 2028 The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period. Companies profiled in the hummus market report are: Nestlé S.A. (Vevey, Switzerland) Cedar’s Mediterranean Foods, Inc. (Massachusetts, U.S.) Haliburton International Foods, Inc. (California, U.S.) Strauss Group, Ltd. (Sabra Dipping Company, LLC) (Petah Tikva, Israel) Bakkavor Group Plc (London, United Kingdom) Tribe Hummus (Massachusetts, U.S.) Boar’s Head Brand (Florida, United States) Hummus Gourmet, LLC (Lantana Foods) (Texas, U.S.) The Kraft Heinz Company (Illinois, U.S.) Hope Foods, LLC. (Colorado, U.S.) Drivers & Restraints: Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth. Regional Insights: North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S. Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth. Competitive Landscape: Key Players Focus on New Product Development to Intensify Competition The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips. KEY INDUSTRY DEVELOPMENTS: April 2021: Ithaca Hummus unveiled two popular flavors, namely, Lemon Dill and Lemon Garlic in the sharing-size 17 oz. container for the first time. It would help the company to offer innovative products to those who consume the product on a regular basis. May 2020: Brami launched a new hummus made from lime juice, sunflower & olive oil, and lupini beans. It does not require refrigeration or contain artificial preservatives. Information Source: https://www.fortunebusinessinsights.com/hummus-market-105632