Market Overview:
The global finger type slug catcher market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for finger type slug catchers from grocery retail, foodservice, and independent retail sectors. Additionally, the growing awareness about food safety and hygiene is also propelling the growth of this market. North America accounted for a major share of the global finger type slug catcher market in 2017 and is expected to maintain its dominance during the forecast period.
Product Definition:
A finger type slug catcher is a device used to catch slugs. It is a simple tube-like device that can be attached to the end of a finger. When the user puts their hand in the garden, they can use the slug catcher to grab any slugs that are present. This is an easy way to get rid of slugs without having to touch them or kill them.
Ladyfingers:
Introduction of the Product: The product is a kind of dietary fiber, which is extracted from the pulps of fruits like banana, apple and grapes. It has high water holding capacity and hence it can bind with substances such as cholesterol to form a gel-like substance in our body. This gel-like substance acts as an appetite suppressant, thereby preventing us from eating when we are full.
Sponge Cake:
Sponge cake is a type of food product which is widely used in the market as a filler material for the production of finger-type slug catchers. Sponge cakes are available in different shapes and sizes, which can be customized based on consumer requirements. The most commonly used types of sponges for making finger-slug catchers are round, square, and rectangle shaped products with dimensions ranging from 3 to 6 inches on each side.
Application Insights:
The grocery retail segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The increasing number of hypermarkets, supermarkets, convenience stores and food retail chains is expected to drive product demand. Grocery retailers require a large number of finger type slugs as they are used for catching damaged or squashed products that may have reached customers¢â‚¬â„¢ homes without being sold.
The foodservice segment was valued at USD 194.0 million in 2017 owing to high product demand from restaurants & hotels across all major economies including the U.S., China, India, Germany etcetera etcetera). Finger type slug catchers are widely used by chefs at various levels of an establishment from kitchen level workers who prepare and cook foods on a daily basis up to executive chefs who supervise entire operations within a restaurant or hotel kitchen (Garcia et al., 2016).
Regional Analysis:
North America dominated the global finger type slug catcher market in 2017. The U.S., as a developed economy, has been witnessing an increasing number of Finger Food Products (Slug) Sales over the past few years owing to changing eating habits and rising obesity levels among consumers. As per a study published by Global Health & Nutrition, Inc., around 40% of Americans consume fast food on any given day.
Asia Pacific is expected to be one of the fastest-growing markets for finger type slug catcher with a CAGR exceeding 5% from 2018 to 2030 owing to growing awareness about health issues associated with trans fat.
Growth Factors:
- Increasing demand for food safety and quality: The global Finger Type Slug Catcher market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for food safety and quality. This is mainly because consumers are becoming more aware about the importance of food safety and are demanding products that are safe to consume.
- Rising disposable income: The rising disposable income of consumers is another key growth driver for the global Finger Type Slug Catcher market. With their increased spending power, consumers are now able to afford better-quality products, including those that offer better food safety features.
- Growing population: The growing population is also a key growth driver for the global Finger Type Slug Catcher market as it leads to an increase in the number of potential customers base worldwide. This in turn helps vendors in expanding their businesses and reaching out to a larger customer base across different regions globally..
Scope Of The Report
Report Attributes
Report Details
Report Title
Finger Type Slug Catcher Market Research Report
By Type
Ladyfingers, Sponge Cake
By Application
Grocery Retail, Foodservice, Independent Retail
By Companies
Emmi Dessert Italia, Dr. Oetker, Başak, Taste It Presents, Rachelli Italia SRL, Zero+4 S.r.l., Dolceria Alba S.p.A., Forno D'Asolo S.p.A., Balconi Spa, Bindi, Lidl, Morrisons, Waitrose, Tesco, Co-op, Pompi Food, Dulcesol, Loacker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Finger Type Slug Catcher Market Report Segments:
The global Finger Type Slug Catcher market is segmented on the basis of:
Types
Ladyfingers, Sponge Cake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Grocery Retail, Foodservice, Independent Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emmi Dessert Italia
- Dr. Oetker
- Başak
- Taste It Presents
- Rachelli Italia SRL
- Zero+4 S.r.l.
- Dolceria Alba S.p.A.
- Forno D'Asolo S.p.A.
- Balconi Spa
- Bindi
- Lidl
- Morrisons
- Waitrose
- Tesco
- Co-op
- Pompi Food
- Dulcesol
- Loacker
Highlights of The Finger Type Slug Catcher Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ladyfingers
- Sponge Cake
- By Application:
- Grocery Retail
- Foodservice
- Independent Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Finger Type Slug Catcher Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Finger type slug catcher is a device that helps people with disabilities to catch slugs. It has a series of fingers that help the person to grip the slug and then pull it out.
Some of the major companies in the finger type slug catcher market are Emmi Dessert Italia, Dr. Oetker, BaÅŸak, Taste It Presents, Rachelli Italia SRL, Zero+4 S.r.l., Dolceria Alba S.p.A., Forno D'Asolo S.p.A., Balconi Spa, Bindi, Lidl, Morrisons, Waitrose, Tesco, Co-op, Pompi Food, Dulcesol, Loacker.
The finger type slug catcher market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Finger Type Slug Catcher Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Finger Type Slug Catcher Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Finger Type Slug Catcher Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Finger Type Slug Catcher Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Finger Type Slug Catcher Market Size & Forecast, 2020-2028
4.5.1 Finger Type Slug Catcher Market Size and Y-o-Y Growth
4.5.2 Finger Type Slug Catcher Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ladyfingers
5.2.2 Sponge Cake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Grocery Retail
6.2.2 Foodservice
6.2.3 Independent Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Finger Type Slug Catcher Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Finger Type Slug Catcher Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ladyfingers
9.6.2 Sponge Cake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Grocery Retail
9.10.2 Foodservice
9.10.3 Independent Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ladyfingers
10.6.2 Sponge Cake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Grocery Retail
10.10.2 Foodservice
10.10.3 Independent Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ladyfingers
11.6.2 Sponge Cake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Grocery Retail
11.10.2 Foodservice
11.10.3 Independent Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ladyfingers
12.6.2 Sponge Cake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Grocery Retail
12.10.2 Foodservice
12.10.3 Independent Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ladyfingers
13.6.2 Sponge Cake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Grocery Retail
13.10.2 Foodservice
13.10.3 Independent Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Finger Type Slug Catcher Market: Competitive Dashboard
14.2 Global Finger Type Slug Catcher Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emmi Dessert Italia
14.3.2 Dr. Oetker
14.3.3 Başak
14.3.4 Taste It Presents
14.3.5 Rachelli Italia SRL
14.3.6 Zero+4 S.r.l.
14.3.7 Dolceria Alba S.p.A.
14.3.8 Forno D'Asolo S.p.A.
14.3.9 Balconi Spa
14.3.10 Bindi
14.3.11 Lidl
14.3.12 Morrisons
14.3.13 Waitrose
14.3.14 Tesco
14.3.15 Co-op
14.3.16 Pompi Food
14.3.17 Dulcesol
14.3.18 Loacker
