Automotive Actuators Market- Development of Electric Technologies to Enhance Deployment of Automotive Actuators

According to the report compiled by Fact.MR, the global automotive actuators market is likely to witness robust growth. The market is estimated to register 6.1% CAGR during the forecast period, 2017-2022. Owing to the better performance, consistency, and saving energy, actuators in the automotive industry are gaining a lot of traction. With increasing use in cars, manufacturers are also providing a new and improved form of actuators, thereby eliminating fluid leaks and improving energy efficiency. Mini electric actuators are also being used in automotive sensor system and advanced driver assistance system.
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Automotive actuators continues to witness lucrative opportunities across countries on the backdrop of increasing vehicle parc worldwide. Moreover, growing dependency of control systems on actuators is affecting the environment, which is driving their adoption. For actuators, the key purpose for their application is using the power provided to them and converting it to mechanical energy for controlling the motion of fluids and gases. Diversity in the operations of control systems allow actuators to source their power from electric current, hydraulic pressure or pneumatic force. Energy sourced from these options gets converted into motion when the actuator receives a signal. Control systems used in several industrial operations are largely dependent on the efficiency of the actuation technologies.
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Automotive Actuators Market- Development of Electric Technologies to Enhance Deployment of Automotive Actuators
Every OEM is embracing the opportunity of development of electric technology for their vehicles. Problems associated with mechanical-based actuation of any system within a vehicle, such as weight, process lag and higher consumption of power, has pushed automakers to shift towards electric assisted technologies. Simple features, such as power windows, automatic lighting and automatic closure, which were deemed too luxurious to be fitted in a vehicle in the past and have become default installation in the present scenario. Though mechanical actuation utilizes physical linkages to initiate motion, electric assisted technologies call for the implementation of various sensors, benefitting its growth in the market over the long run. In an effort to gain an edge over competitors in terms of customer base, automakers are trying to equip their products with more electric assisted features, further augmenting demand for robust and reliable actuators.
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The report has also profiled leading players in the global market for automotive actuators, which will remain active through 2022. These include companies such as Continental AG, Robert Bosch GmbH, Mahle Group, Denso Corporation, Mitsubishi Heavy Industries Ltd, Delphi Automotive PLC, Hitachi Ltd, Johnson Electric Holdings Limited, and Nidec Corporation.
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Olive Oil Market Revenue to Approach US$ 11 Bn by 2022 despite Dire Supply-Demand-Pricing Setback

With the presence of key cultivation countries and the potential trading opportunities promised by the recently announced EU-Japan Trade Deal, olive oil market will continue to witness the maximum revenue share coming from Europe. An estimated sales revenue of over US$ 3 Bn by 2022 in Europe alone signifies ample opportunities in European olive oil market. The latest study on global olive oil market reaffirms continued dominance of Europe over other regional markets for olive oil over 2017-2022. Robust demand for olive oil from China and other Asian countries will however enable APEJ to pose strong competition to Europe in the near future.

Over the five-year projection period 2017-2022, the global olive oil market revenue is likely to expand at a moderate CAGR, reaching approximately US$ 11 Bn by 2022 end. A newly released market research report by Fact.MR offers a bird’s eye view of the global olive oil market, backed by intensive assessment of the olive oil market performed for the five-year period 2017-2022. The report, in addition to elaborating on all the factors expected to shape the olive oil market growth in the near future, discusses the supply-demand and pricing scenario in detail. In the backdrop of recent supply-demand imbalance and the resultant upsurge of olive oil prices, it is most likely that the stakeholders in value chain will continue to struggle with major pricing pressures throughout the forecast period.

Naturally enriched with healthy fatty acids, olive oil is widely preferred for its capability to support brain and heart health, and decelerate the aging process. It also helps combat breast cancer and can effectively address the inflammatory symptoms of degenerative diseases. Olive oil supports healthy functioning of gastrointestinal tract and curtails susceptibility to colon cancer. Moreover, the demand for olive oil persists due to its proven capability to prevent the chances of stroke.

Moisturizing and exfoliating properties of olive oil allow its usage across the beauty industry, whereas a wealth of health advantages enable it to be effectively used in a variety of food and beverage products. A recent research indicates that EVOO (extra virgin olive oil) helps preserve memory and reduces the chances of Alzheimer's. Another study also reveals that substantial consumption of olive oil by men can potentially boost testosterone levels to a great extent. The report includes a heap of other advantages of olive oil that are anticipated to encourage consumption in the near future.

By product type, processed olive oil will spearhead the olive oil market with a notable  value of more than three-fourth, and Europe is anticipated to remain the largest regional market for processed olive oil. On the other hand, research findings advocating the use of EVOO (extra virgin olive oil) will possibly help garner a slight uplift for the virgin olive oil segment through 2022. Premium product range in virgin and extra virgin olive oil will continue to pose a longstanding challenge to virgin olive oil sales. Based on distribution channel analysis, although modern trade currently reign supreme in terms of revenue generation, Ecommerce is likely to emerge the highest-potential distribution channel for olive oil in the long run. Individual franchise operators in the olive oil market are expected to adopt effective marketing strategies to gain a competitive edge and achieve an expanded value share in olive oil market.

Sunflower Oil Market: Cosmetic Manufacturers to Represent Considerable Demand

Increasing prevalence of cardiac diseases has led to an upsurge in demand for sunflower oil in the healthcare industry globally. Expansion of e-commerce will further impact growth of the global of sunflower oil market positively. According to the report, the global sunflower oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.

Market Dynamics

Growing prevalence of cardiac diseases, asthma, and arthritis has revved up demand for sunflower oil across the healthcare industry. Majority of the men athletes are prone to dermal infections such as tenia pedis. Sunflower oil witnesses a robust demand in the healthcare industry for the prevention, and treatment of tenia pedis. Such factors are likely to impact global market growth of sunflower oil market significantly during the predicted period.

Apart from application in the healthcare industry, sunflower oil is likely to witness major demand among cosmetic manufacturers. Surge in demand for production of sunscreen, facial masks, and eye creams will contribute towards global market growth of sunflower oil positively throughout 2022. Moreover, sunflower oil witnesses significant demand as frying oil among food manufacturers. This is predicted to impact global market growth of sunflower oil significantly through 2022. However, increasing availability of other oil products such as olive oil are likely to substitute sunflower oil products. Such factors are likely to impede market growth of sunflower oil globally during the projected period.

Segmentation Analysis

Processed sun flower oil among other products will register significant CAGR growth in the global sunflower oil market throughout 2022. The report reveals that processed oil is predicted represent a major revenue share by the end of 2022. Food service among other end users will represent an attractive segment in the sunflower oil market globally during the projected period.

On the other hand, retail sector is predicted to reflect a relatively high CAGR as compared to other end users in Europe. According to the report, online channels and franchise outlets will witness major growth in terms of sales in the global market. These segments will reflect a relatively high CAGR growth in the global sunflower oil market throughout 2022. Modern trade among other distribution channels will represent more than US$ 1,000 Mn in the global market of sunflower oil by the end of 2022.

Regional Analysis

Europe among other regions is expected to remain the largest market for sunflower oil globally throughout 2022. According to the report, processed sunflower in Europe will witness significant demand in the food service and retail industry. Modern trade in Europe will represent more than US$ 1,000 Mn by the end of 2022. Franchise outlets and online channels will remain major distribution channels for sunflower oil products in Europe.

Galacto Oligosaccharides Market Expected to Deliver Dynamic Progression until 2028

The demand for galacto oligosaccharide in nutraceuticals is likely to grow at a steady clip during the assessment period. The stability of galacto oligosaccharide in high temperatures and low pH applications makes it an ideal fit for neutraceutical products. Prominent nutritional supplement products such as Bimuno, which is meant for the well-being of gut health, contains galacto oligosaccharide in its ingredient profile., The composition for galacto oligosaccharide in neutraceutical products might vary according to the chain length and linkage type between the monomer units.

Broader Regulations Pertaining to Use of Prebiotic Ingredients Can Stymie Prospects of Galacto Oligosaccharide Companies

Strict regulations and legislations related to the use of prebiotic ingredient can be a key factor hampering use of galacto oligosaccharide. Any product before receiving the recognition as a prebiotic or probiotic, is consistently subjected to multiple validations and has to persistently prove its efficacy. It cannot be directly labeled as such, until and unless it is approved by the concerned agencies. Being operating in the food ingredient industry, galacto oligosaccharide is exposed to similar kind of legislations by various food regulation authorities such as FDA and food and agriculture organization. This might create hurdles for prosperity of galacto oligosaccharide, thereby impacting the galacto oligosaccharide market landscape.

FDA Approval Likely to Provide the Much-needed Fillip to Galacto Oligosaccharide Demand

The broader trends impacting the dietary fibers industry have a profound impact on the prospects of galacto oligosaccharide industry. The recent FDA approval on eight dietary fibers, including galacto oligosaccharide is likely to create a scramble for launching new products.. With this approval, key manufacturers are broadening the horizon of galacto oligosaccharide that could help them seize premium opportunities. Key dairy cooperative companies are using galacto oligosaccharide in beverages owing to its stability, as addition of fibers in beverages still remains a challenge due to their insolubility or grittiness.

Use of Galacto Oligosaccharide in the Nutraceuticals Industry Gaining Strong Momentum

The demand for galacto oligosaccharide in nutraceuticals is likely to grow at a steady clip during the assessment period. The stability of galacto oligosaccharide in high temperatures and low pH applications makes it an ideal fit for neutraceutical products. Prominent nutritional supplement products such as Bimuno, which is meant for the well-being of gut health, contains galacto oligosaccharide in its ingredient profile., The composition for galacto oligosaccharide in neutraceutical products might vary according to the chain length and linkage type between the monomer units.

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Global Standard Milk Formula Market Expected to Secure Notable Revenue Share during 2018-2027

Online platforms are transforming the retail sector, consequently providing potential avenues for producers of standard milk formula to market their products across tier II areas. With e-commerce on the rise, online platforms have facilitated a significant growth in sales of standard milk formula, consequently influencing the growth of the standard milk formula market in emerging economies. For instance, standard milk formula producers in China are adopting e-commerce platforms to enhance product sales. Moreover, with the introduction of two-child policy in China coupled with rising milk rates, dairy producers faced a shrinking market share. However, e-commerce boom resulted in a collaboration of domestic and foreign standard milk formula producers with online platforms leading to an extended product selling, from logistics to brand promotions which has translated in increasing standard milk formula sales by mitigating the impact of increasing milk prices.

Introduction of Probiotics Likely to Spur Demand for Standard Milk Formula

Probiotics have been gaining significant traction in the wellness and nutrition sector across the globe. Probiotics, essentially live healthy bacteria, are being introduced in the infant formula space, on the back of their potential health benefits. Inclusion of probiotics in standard milk formula can promote the bacteria balance in the infant’s intestines in turn offsetting development of unhealthy organisms, particularly in babies in the age group of 0-6 months. Probiotics addition is likely to enhance the demand for standard milk formula, particularly among working women, in turn complementing the standard milk formula market growth.

Unethical Standard Milk Formula Marketing Practices Continue to Dent Consumer Confidence

The IBFAN (International Baby Food Action Network) has revealed several cases regarding unethical marketing of infant nutritional food products. Unethical practices adopted by medium and small scale standard milk formula players to market their products is likely to undermine the confidence among women that can breastfeed infants. Manufacturers of standard milk formula have been inducing a sense of uncertainty apropos to insufficient nutrient supply causing fussiness, perceived hunger and infant crying, and emphasizing on the point that standard milk formula can bridge the gap between needed and available nutrition, says IBFAN.

Standard Milk Formula Demand Undermined by Ambiguities Over Nutritional Value of Infant Food Products

Manufacturers of standard milk formula are involved in marketing an increasing product range for various age groups, including products that feature additional nutrients in a bid to close on the effectiveness of breast milk along with products that claim to solve a broad spectrum of problems such as allergies. Yet, standard milk formula manufacturers are positioning their products in terms of new formulations in different markets that reveals the possibility of insufficient health considerations and less nutritional science being the product range. These ambiguities are likely to question the quality and efficiency of nutrition provided by standard milk formula, in turn challenging its market’s growth.

Competitive Landscape

The standard milk formula market report includes detailed analysis on various key players operating in the market. Several facets of major players including Nestle S.A., Groupe Danone, the Kraft Heinz Company, Abbott Nutrition Manufacturing Inc., and Mead Johnson Nutrition, to name a few have been covered in this section of the report.

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