Protein Ingredients Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

 Protein Ingredients Market Growth & Trends

The global protein ingredients market size is expected to reach USD 85.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.

Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.

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Protein Ingredients Market Report Highlights

• By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment
• Animal/dairy proteins held the largest revenue share of over 70.0% in 2020 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers
• North America dominated the market with more than 40.0% share of the global revenue in 2020 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market
• The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

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Protein Ingredients Market Segmentation

Grand View Research has segmented the global protein ingredients market on the basis of product, application, and region:

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Plant Proteins
  • Cereal-based
  • Legumes-based
  • Root-based
  • Nuts & Seeds-based
  • Ancient Grains
• Animal/Dairy Proteins
  • Egg Protein
  • Milk Protein Concentrates/Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates
  • Whey Protein Isolates
  • Gelatin
  • Casein/Caseinates
  • Collagen Peptides
• Microbe-based Proteins
  • Algae
  • Bacteria
  • Yeast
  • Fungi
• Insect Protein
  • Coleoptera
  • Lepidoptera
  • Hymenoptera
  • Orthoptera
  • Hemiptera
  • Diptera
  • Others

Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
  • Bakery & Confectionery
  • Beverages
  • Breakfast Cereals
  • Dairy Alternatives
  • Dietary Supplements/Weight Management
  • Meat Alternatives & Extenders
  • Snacks
  • Sports Nutrition
  • Others
• Infant Formulations
• Clinical Nutrition
• Animal Feed
• Others

Protein Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
• Central & South America
• Middle East & Africa (MEA)

List of Key Players of Protein Ingredients Market

• DuPont
• Rousselot
• Archer Daniels Midland Company
• Burcon NutraScience
• Tessenderlo Group
• Kewpie Corporation
• Roquette Frères
• The Scoular Company
• CHS Inc.
• Mead Johnson & Company, LLC

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

IoT Microcontroller Market Set to Surge Significantly During 2023-2030: Grand View Research Inc.

 IoT Microcontroller Market Growth & Trends

The global IoT microcontroller market size is expected to reach USD 12.94 billion by 2030, expanding at a CAGR of 13.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in adoption of smart home devices integrated with mobile applications and advancements in low power Microcontroller (MCU) are expected to drive the market growth. The surge in the number of enterprise IoT connections across industries such as manufacturing, healthcare, and energy and power is also expected to drive the growth of the market over the forecast period.

Advancements in short-range wireless connectivity such as Zigbee, Bluetooth, and KNX technologies, notably in Europe and North America also expected to drive IoT adoption over the next few years. Advancements in disruptive technologies such as big data analytics, Artificial Intelligence (AI), and industrial IoT are further expected to propel the adoption of IoT-connected devices. Increasing investments through funding in start-ups such as Hypervolt, HIXAA, SmartRent, and other SMEs that help to gain new IoT-based projects in industries likely to create the need for a high-performance, low-power IoT MCUs market over the forecast period.

Key IoT MCU manufacturers such as RENESAS Electric Corporation, NXP Semiconductors, and STMicroelectronics are innovating high-performance MCUs to meet the demand. For instance, in 2022, Renesas Electric Corporation launched the 32-bit RA Family of microcontrollers (MCUs). The launched product is based on the Arm Cortex-M23 core, which offers shallow power consumer MCUs developed explicitly for IoT endpoint applications, including industrial automation, medical devices, intelligent home appliances, and wearables.

The COVID-19 outbreak positively impacted the IoT MCU market in 2020. Government-imposed restrictions and stay-at-home mandates increased the demand for smart wearables, including fitness trackers, health-based wearables, and other consumer IoT devices. Due to a sudden increase in demand for consumer IoT devices and a temporary halt of production units, the market experienced a shortage of MCUs in 2021, creating an imbalance in supply and demand. In light of these factors, device manufacturers are expected to hike the connected product prices in 2022, which is likely to continue until 2023. 

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IoT Microcontroller Market Report Highlights

• 32-bit captured more than 47% market share of the overall IoT MCU market in 2022, with the market size expected to register a healthy CAGR over the forecast period. An increase in the adoption of smart utilities and industrial robotics is expected to drive market growth over the forecast period
• The industrial automation segment dominated the market with a revenue share of 33.1% in 2022. Industrial automation aims to streamline processes, increase operational efficiency, and improve productivity
• Asia Pacific led the market in 2022, a trend expected to continue over the mid-term. Adding to this, increasing government initiatives to develop innovative and connected infrastructure signifies market growth

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IoT Microcontroller Market Segmentation

Grand View Research has segmented the global IoT microcontroller market based on product, application, and region:

IoT Microcontroller Product Outlook (Revenue; USD Million, 2017 - 2030)

• 8-Bit
• 16-Bit
• 32-Bit

IoT Microcontroller Application Outlook (Revenue; USD Million, 2017 - 2030)

• Industrial Automation
• Smart Homes
• Consumer Electronics
  • Smartphones
  • Wearables
  • Others
• Others 

IoT Microcontroller Regional Outlook (Revenue; USD Million, 2017 - 2030)

• North America
  • S.
  • Canada
• Europe
  • UK
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East And Africa
  • Saudi Arabia
  • South Africa
  • UAE

List of Key Players in the IoT Microcontroller Market

• Broadcom
• Espressif Systems 
• Holtek Semiconductor Inc.
• Infineon Technologies
• Microchip Technology Inc.
• Nuvoton Technology Corporation
• NXP Semiconductors
• Silicon Laboratories
• STMicroelectronics
• Texas Instruments Incorporated
• Renesas Electronics Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Viral Vectors And Plasmid DNA Manufacturing Market Size Is Predicted To Reach A Valuation Of $19.5 Billion By 2030: Grand View Research Inc.

 

Viral Vector And Plasmid DNA Manufacturing Market Growth & Trends

The global viral vector and plasmid DNA manufacturing market size is anticipated to reach USD 19.5 billion by 2030 and it is projected to grow at a CAGR of 20.2% from 2024 - 2030, according to a new report by Grand View Research, Inc. With the increasing demand for plasmid DNA and viral vectors for gene therapy, industry leaders have launched new technologies to boost plasmid DNA manufacturing. For instance, in April 2018, GE Healthcare Life Sciences introduced KUBio BSL 2, a prefabricated, modular bioprocessing facility for the production of oncolytic viruses, cell and gene treatments, and immunizations based on viral vectors.

With the increase in investments in cell and gene therapy research space, there is unprecedented demand for viral vectors in the market. Owing to this, various organizations are providing funds to accelerate developments in the manufacturing processes for these vectors. For instance, in September 2019, Next Generation Manufacturing Canada provided USD 1.89 million to a consortium led by iVexSol Canada. This fund was provided for the development of an advanced manufacturing process for lentiviral vectors. 2iVexSol Canada is a vector manufacturing company that has collaborated with several companies to develop an advanced LVV manufacturing platform.

Moreover, the major companies operating in this market, such as Thermo Fisher Scientific, QIAGEN NV, Agilent Technologies, Takara Bio, Inc., and Oxford Biomedica, are focusing on developing new gene delivery platforms. These companies are making huge investments to scale up the production of biological gene delivery systems to meet the increasing market demand. For instance, in May 2020, Takara Bio, Inc. completed the Center for Gene and Cell Therapy Processing II (CGCPII) construction in Shiga, Japan. This center is an addition to its GMP viral vector production facility. Similarly, in May 2020, Thermo Fisher Scientific also invested USD 180 million to scale up its viral vector manufacturing capacity twofold. Such increasing initiatives are anticipated to propel market growth in the forecast period.

Furthermore, large-scale production of viral vectors is facing challenges in upstream and downstream processing. In upstream processes, the method used for viral vector production is one of the major hurdles for manufacturers. Reproduction of adherent cell cultures at a large scale is a key concern that needs to be addressed. Thus, researchers are trying to grow these cells using large bioreactors. In addition, there is a need for a better understanding of the purity of these vectors in downstream processing.

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Viral Vector And Plasmid DNA Manufacturing Market Report Highlights

• Based on the vector type, the adeno-associated virus (AAV) segment dominated the market with a 20.0% revenue share in 2023 due to high demand, and their usage in clinical trials is growing
• Based on the workflow, the downstream processing segment led the market in 2023 with the largest revenue share in workflow segment due to advancements in downstream processing technologies and the adoption of single-use systems
• Based on the application, the vaccinology segment dominated the application segment in 2023 with the largest revenue share, and cell therapy is expected to grow at fastest CAGR during the forecast period
• Based on the end-use, the research institutes segment dominated the market with the largest revenue share in 2023. On the other hand, the pharmaceutical and biopharmaceutical companies are expected to grow at a fastest CAGR over the forecast period
• In terms of disease, the cancer segment dominated the market with the largest revenue share in 2023 and it is anticipated to grow at fastest CAGR during the forecast period
• North America dominated the market owing to factors such as the significant burden of cancer, and infectious diseases, high purchasing power parity, government support for quality healthcare, and availability of reimbursement

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Viral Vector and Plasmid DNA Manufacturing Market Segmentation

Grand View Research has segmented the global viral vector and plasmid DNA manufacturing market based on the vector type, workflow, application, end-use, disease, and region:

Viral Vector and Plasmid DNA Manufacturing Vector Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Adenovirus
• Retrovirus
• Adeno-Associated Virus (AAV)
• Lentivirus
• Plasmids
• Others

Viral Vector and Plasmid DNA Manufacturing Workflow Outlook (Revenue, USD Billion, 2018 - 2030)

• Upstream Manufacturing
  • Vector Amplification & Expansion
  • Vector Recovery/Harvesting
• Downstream Manufacturing
  • Purification
  • Fill Finish

Viral Vector and Plasmid DNA Manufacturing Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Antisense & RNAi Therapy
• Gene Therapy
• Cell Therapy
• Vaccinology
• Research Applications

Viral Vector and Plasmid DNA Manufacturing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Pharmaceutical and Biopharmaceutical Companies
• Research Institutes

Viral Vector and Plasmid DNA Manufacturing Disease Outlook (Revenue, USD Billion, 2018 - 2030)

• Cancer
• Genetic Disorders
• Infectious Diseases
• Others

Viral Vector and Plasmid DNA Manufacturing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Viral Vector and Plasmid DNA Manufacturing Market

• Merck KGaA
• Lonza
• FUJIFILM Diosynth Biotechnologies
• Thermo Fisher Scientific
• Cobra Biologics
• Catalent Inc.
• Wuxi Biologics
• Takara Bio Inc.
• Waisman Biomanufacturing
• Genezen laboratories
• Batavia Biosciences
• Miltenyi Biotec GmbH
• SIRION Biotech GmbH
• Virovek Incorporation
• BioNTech IMFS GmbH
• Audentes Therapeutics
• BioMarin Pharmaceutical
• RegenxBio, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Supplements And Nutrition Packaging Market Major Key Players And Latest Trend Analysis Till 2030: Grand View Research Inc.

 Supplements And Nutrition Packaging Market Growth & Trends

The global supplements and nutrition packaging market size is expected to surpass USD 35.07 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% from 2023 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.

The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.

Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.

According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.

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Supplements And Nutrition Packaging Market Report Highlights

• In terms of revenue, the secondary & tertiary packaging type is projected to ascend at the highest CAGR of 5.2% over the forecast period. The secondary & tertiary packaging protect the primary packaging and assists in smooth and damage-free transportation of the products throughout the supply chain. The expanding e-commerce business is driving demand for secondary & tertiary packaging
• Plastic segment accounted for the largest revenue share of 77.4% in 2022. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
• Supplements & nutrition packaging in Asia Pacific was valued at USD 11.46 million in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
• The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packagingsolutions such as stand-up pouches, sachets, and others

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Supplements And Nutrition Packaging Segmentation

Grand View Research has segmented the global supplements and nutrition packaging market report based on packaging type, material, formulation and region:

Supplement & Nutrition Packaging Type (Revenue, USD Million, 2017 - 2030)

• Primary
  • Bottles & Jar
  • Tin & Cans
  • Stand Up Pouch
  • Sachets & Other Pouches
  • Blister & Strips
  • Others
• Secondary & Tertiary Packaging
  • Paper & Paperboard
  • Flexible Paper/ Plastics/ Metals

Supplement & Nutrition Packaging Material Outlook (Revenue, USD Million, 2017 - 2030)

• Glass
• Plastic
  • PET
  • HDPE
  • PP
  • Others
• Paper & Cardboard
• Metals

Supplement & Nutrition Packaging Formulation Outlook (Revenue, USD Million, 2017 - 2030)

• Tablets
• Capsules & Pills
• Powder
• Soft Gel
• Liquid

Supplement & Nutrition Packaging Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Central & South America (CSA)
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia

List of Key Players in the Supplement And Nutrition Packaging Market

• Glenroy, Inc.
• Alpha Packaging
• Comar, LLC.
• Graham Packaging Company
• Gerresheimer AG
• ePac Holdings, LLC
• Law Print & Packaging Management Ltd
• MPS (Molded Packaging Solutions)
• OPM Labels
• Container & Packaging Supply, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Vaginal Rejuvenation Market Set to Surge Significantly During 2024-2030: Grand View Research Inc.

 Vaginal Rejuvenation Market Growth & Trends

The global vaginal rejuvenation market size is expected to reach USD 14.34 billion by 2030, registering a CAGR of 22.07% from 2024 to 2030, according to a new report by Grand View Research, Inc. The Growing popularity of vaginal rejuvenation surgery due to the rising number of treatments offered, increasing demand for the surgery, a growing number of research studies, and associated controversies are propelling the market.

In addition, the growing adoption of non-invasive procedures, such as treatment with the help of laser and radiofrequency technologies is market. The launch of fractional carbon dioxide (CO2) laser has gained impressive popularity with promising results. It has significantly improved the lives of vulvovaginal atrophy (VVA) patients. This can be attributed to its non-invasive nature with less or no downtime and better results.

However, the social stigma associated with gynecological treatments and stringent regulations for energy-based gynecological treatments is hampering the market. The food and Drug Administration (FDA) has not approved any energy-based devices for the associated therapy. These devices have not yet established safety and effectiveness in conditions, such as menopause, incontinence, or intercourse.

The onset of COVID-19 affected the global aesthetic market with surgical cosmetic treatments witnessing a significant setback. The majority of the non-essential cosmetic procedures like vaginal rejuvenation were completely halted during the first and second quarters of 2020, however many dermatology and surgical centers have witnessed perpetual ease in reopening their services by the end of 2020 might help recover the market during the forecast period.

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Vaginal Rejuvenation Market Report Highlights

• By treatment type, The cosmetic vaginal rejuvenation segment held the largest market share of 66.0% in 2023 due to the growing demand for vaginal-associated surgeries, especially in the developed countries
• By type, the market is divided into surgical and non-surgical. The surgical segment held the largest market share of 54.0% in 2023 of the market.
• The aging and childbirth segment held the largest market share of 43.9% in 2023 of the market.
• The 30-40 segment accounted for the major share of 42.3% in 2023 of the market.
• North America registered a significant share in 2023 owing to the increasing number of vaginal procedures performed and the high disposable income of consumers
• The Asia Pacific market dominated the market with a revenue share of 28.9% in 2023 is expected to grow considerably in the future owing to the growing popularity of various vaginal surgeries among patients

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Vaginal Rejuvenation Market Segmentation

Grand View Research has segmented the global vaginal rejuvenation market on the basis of on treatment type, type, application, age category and region:

Vaginal Rejuvenation Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

• Reconstructive Vaginal Rejuvenation
  • Perineoplasty
  • Vaginoplasty
• Cosmetic Vaginal Rejuvenation
  • G-spot amplification
  • Labioplasty
  • Hymenoplasty
  • Hoodectomy

Vaginal Rejuvenation Type Outlook (Revenue, USD Million, 2018 - 2030)

• Surgical
• Non-surgical

Vaginal Rejuvenation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Incontinence
• Aesthetic Purposes
• Aging And Childbirth
• Others

Vaginal Rejuvenation Age Category Outlook (Revenue, USD Million, 2018 - 2030)

• Below 20/ 20-30
• 30-40
• 40 And Above

Vaginal Rejuvenation Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Sweden
  • Denmark
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Korea
  • Thailand
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Vaginal Rejuvenation Market

• Alma Lasers
• Lutronic
• Viveve
• BTL Group of Companies
• VenusConcept
• Fotona
• Candela Corporation
• Hironic
• Cynosure
• Lumenis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Ethyl Acetate Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

Ethyl Acetate Market Growth & Trends

The global ethyl acetate market size is expected to reach USD 9.29 billion by 2030, registering a CAGR of 6.8% from 2023 to 2030, as per the new report by Grand View Research, Inc. The industry growth is majorly driven by the increasing production of sustainable packaging products like flexible packaging due to the growing environmental concerns, which, in turn, is predicted to fuel the demand for solvent-based printing inks from the packaging industry during the forecast period.The demand for ethyl acetate solvents is on the rise globally, driven by their increasing utilization in diverse industries including paints & coatings, adhesives, inks, pharmaceuticals, and others.

The product is incorporated into coating formulations, such as acrylics, urethanes, and epoxies, and applied on various surfaces like fixtures, wooden furniture, and mining equipment. These coatings also find usage in construction, agriculture, marine, and auto refinishing applications. One of its primary uses lies in enhancing flavors in various food and beverage items, including coffee, tea, and confectioneries. Due to its pleasant aroma, it is also used to impart fruity notes to chewing gum, baked goods, candies, and other products. In the pharmaceutical domain, solvent extraction benefits from its adaptability to process heat-sensitive substances and overall versatility. Consequently, considering both environmental considerations and human safety, the product is expected to have substantial utilization for solvent extraction within the pharmaceutical industry.

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Ethyl Acetate Market Report Highlights

• The market is expected to witness significant growth over the forecast period due to the rising product demand from the automotive and packaging industries
• Paints & coatings was the dominating application segment in 2022 and accounted forthe largest revenue share of 59.3% as the product contributes to the ease of application by controlling the viscosity and ensuring a smooth consistency, resulting in coatings that are easy to apply evenly
• In 2022, automotive emerged as the dominant application segment with a revenue share of over 37% owing to the rapid growth of the automotive industry due to the increasing adoption of electric vehicles across the globe
• Asia Pacific is projected to dominate the market in the coming years owing to the rapid development of food & beverage and automotive manufacturing industries in the region

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Ethyl Acetate Market Segmentation

Grand View Research has segmented the global ethyl acetate market on the basis of application, end-use, distribution channel, and region:

Ethyl Acetate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Paint & Coatings
• Inks
• Process Solvents
• Pigments
• Other Applications

Ethyl Acetate End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Artificial Leather
• Automotive
• Food & Beverage
• Packaging
• Pharmaceutical
• Other End-uses

Ethyl Acetate Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Offline
• Online

Ethyl Acetate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • The Netherlands
  • Sweden
  • Norway
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Malaysia
  • Thailand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Ethyl Acetate Market

• Celanese Corporation
• Daicel Corporation
• Eastman Chemical Company
• INEOS
• IOL
• Jiangsu SOPO (Group) Co., Ltd.
• Jubilant Pharmova Limited
• KAI CO. LTD.
• Linde PLC
• Sasol Limited
• SHOWA DENKO KK
• Sipchem
• Solvay
• Yip's Chemical Holdings Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Healthy Snacks Market to Reach Around $152.55 Billion by 2030: Grand View Research Inc.

 Healthy Snacks Market Growth & Trends

The global healthy snacks market size is expected to reach USD 152.55 billion by 2030, growing at a CAGR of 6.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The industry has benefited from a growing consumer focus on the nutritional characteristics of snacks, which include high vitamins, proteins, and low calories. The rising need for on-the-go snacks, combined with the growing purchasing power of the customer, is expected to propel the market’s growth forward. The hectic lifestyles of consumers are also predicted to drive industry growth during the forecast period.

The shifting lifestyles and busy schedules have led to changes in the eating habits of consumers, with snacks increasingly being viewed as quick and convenient meal replacements. However, there is a growing inclination toward healthier snacks that not only offer convenience but also provide nutritional benefits. This has fueled the demand for healthier snack options that are perceived as beneficial for overall health. Obesity and other diet-related disorders have prompted individuals to adopt healthier lifestyles and consume snacks that offer improved nutritional value.

Snack manufacturers are placing a strong emphasis on natural ingredients and are adopting a conscientious approach toward people and the environment. Being aware of the increasing consumer demand for healthier and more sustainable food choices, these companies actively source premium and natural ingredients to craft snacks that are not only nutritious but also environment-friendly. These companies avoid artificial additives, preservatives, and excessive processing, and are dedicated to offering snacks that resonate with consumers' preferences for clean and wholesome products.

For instance, el origen, a snack brand launched by German influencer Gordon Prox in September 2022, specializes in vegan snacks that draw inspiration from Latin American cuisine. Their product lineup includes Organic Quinoa Bites, Organic Amaranth Crispies, and chips made from plantains and cassava, some of which have received awards for their quality. The healthy snacks industry is fragmented with the presence of huge global players as well as the growing share of local and regional players.

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Healthy Snacks Market Report Highlights

• Savory healthy snacks held the largest market share in 2022 due to the high demand from consumers working from home due to the pandemic
• Low/No sugar dominated the global healthy snacks industry in 2022. The increasing prevalence of various lifestyle diseases has fueled the demand for low/no sugar snacks, which are preferred by individuals seeking to manage their weight and blood sugar levels
• Bags and pouches dominated the healthy snacks industry in 2022 due to their convenience, portability, and ease of consumption, making them a preferred choice for on-the-go snacking
• Supermarkets and hypermarkets dominated the market in 2022 and are expected to sustain growth through their partnership with online delivery platforms
• Asia Pacific is expected to register the fastest CAGR during the forecast period. The rapid proliferation of online distribution channels in this region is the major driver in maintaining market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-healthy-snack-market

Healthy Snacks Market Segmentation

Grand View Research has segmented the global healthy snacks market based on product, claim, packaging, distribution channel, and region:

Healthy Snacks Product Outlook (Revenue, USD Billion, 2017 - 2030)

• Frozen & Refrigerated
• Fruit
• Bakery
• Savory
• Confectionery
• Dairy
• Others

Healthy Snacks Claim Outlook (Revenue, USD Billion, 2017 - 2030)

• Gluten-Free
• Low/No Fat
• Low/No Sugar
• Others

Healthy Snacks Packaging Outlook (Revenue, USD Billion, 2017 - 2030)

• Bags & Pouches
• Boxes
• Cans
• Jars
• Others

Healthy Snacks Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online
• Others

Healthy Snacks Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK 
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • UAE
  • South Africa

List of Key Players in the Healthy Snacks Market

• Nestlé
• The Kellogg Company
• Unilever
• Danone
• PepsiCo
• Mondel?z International
• Hormel Foods Corporation
• Dole Packaged Foods, LLC.
• Del Monte Foods, Inc.
• Select Harvests
• B&G Foods
• Monsoon Harvest

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Alpha-Amylase Baking Enzyme Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Alpha-Amylase Baking Enzyme Market Growth & Trends

The global alpha-amylase baking enzyme market is anticipated to reach USD 422.94 million by 2030 and is anticipated to expand at a CAGR of 3.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Alpha-amylase enzymes play a crucial role in the baking industry by breaking down starches into simpler sugars. This process enhances dough handling properties, resulting in improved bread volume, texture, and overall quality. Consumers and bakers alike are increasingly seeking high-quality products, and these products contribute to achieving these standards.

As consumers become more conscious of the ingredients in their food, there is a growing demand for clean-label products. Alpha-amylase enzymes can be used as natural and clean-label additives, replacing traditional chemical additives. This trend is particularly significant in developed markets where consumers are looking for simpler and more natural ingredient lists. Further, with the global population on the rise and changing dietary habits, there is a growing demand for baked goods, including bread. They help bakers meet this demand by improving the efficiency of the baking process, allowing for higher production volumes without sacrificing quality which influences the growth rate of the alpha-amylase baking enzymes market.

Ongoing research and development in enzyme technology have led to the creation of more effective and versatile alpha-amylase enzymes. These advancements make it easier for bakers to tailor enzyme usage to specific recipes and process requirements, further driving the adoption of these products in the baking industry. Moreover, the rise in gluten-free and specialty baked goods has also contributed to the increased product demand. These enzymes can improve the texture and quality of gluten-free products, providing a better eating experience for consumers with dietary restrictions.

On the other hand, in some regions, regulatory approval for the use of enzymes in food production may be a hurdle. There might be strict regulations or a lengthy approval process for new additives, which can slow down the adoption of alpha-amylase enzymes in certain markets. For instance, according to FoodNavigator Europe, the re-registration procedure and the anticipated approval timeline for food enzymes under the new European regulations imply that it will take a longer time for innovations to reach consumers.

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Alpha-Amylase Baking Enzyme Market Report Highlights

• Plant-based sources witnessed the highest growth rate of approximately 4.1% over the forecasted period. The rise of vegan and vegetarian lifestyles has led to a growing demand for plant-based alternatives in all aspects of the food industry, including baking. Plant-based alpha-amylase enzymes cater to consumers who prefer products that align with their ethical and dietary choices
• Cookies & Biscuits application witnessed a high growth rate of 4.0% over the forecasted period. By breaking down starches into sugars, alpha-amylase enzymes can contribute to increased sweetness perception in cookies and biscuits. This allows bakers to potentially reduce the amount of added sugar in recipes while maintaining the desired level of sweetness, addressing consumer concerns about excessive sugar intake
• North America dominated the market owing to rapid technological advancements, presence of large food & beverages industry, changing consumer preferences & trends, and global market presence of some of the key manufacturing companies
• Key industry participants include Novozymes A/S, DuPont, DSM, Puratos N.V., Infinita Biotech, International Flavors & Fragrances Inc., Mianyang Habio Bioengineering Co., Ltd., Jiangsu Yiming Biological Technology Co., Ltd., Amano Enzyme, Antozyme Biotech, and AB Enzymes, among others
• In June 2023, Health Canada approved the utilization of alpha-amylase enzyme (α-amylase) from Bacillus subtilis ROM into bakery products, especially, bread, flour, whole wheat flour, and other unstandardized bakery products

Access Press Release@ https://www.grandviewresearch.com/press-release/global-alpha-amylase-baking-enzyme-market

Alpha-Amylase Baking Enzyme Market Segmentation

Grand View Research has segmented the global alpha-amylase baking enzyme market based on source, application, and region:

Alpha-Amylase Baking Enzyme Source Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• Fungi
• Bacteria
• Plant-Based
• Other Sources

Alpha-Amylase Baking Enzyme Application Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• Breads
• Cookies & Biscuits
• Desserts
• Other Applications

Alpha-Amylase Baking Enzyme Region Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Denmark
  • The Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Singapore
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players in the Alpha-Amylase Baking Enzyme Market

• Novozymes A/S
• DuPont
• DSM
• Puratos N.V.
• Infinita Biotech
• International Flavors & Fragrances Inc.
• Mianyang Habio Bioengineering Co., Ltd.
• Jiangsu Yiming Biological Technology Co., Ltd.
• Amano Enzyme
• Antozyme Biotech
• AB Enzymes

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Conformal Coatings Market Is Ready To Grow Globally With Phenomenal Trend Diversity by 2030

 Conformal Coatings Market Growth & Trends

The global conformal coatings market size is anticipated to reach USD 1,493.46 million by 2030, according to a new report by Grand View Research, Inc., advancing at a CAGR of 5.9% during the forecast period. The global conformal coatings market is anticipated to grow with the development in aerospace, automotive, consumer electronics, and medical applications across the globe. Rising expectations regarding automation in the abovementioned applications have driven the demand for electronic devices & equipment.

The conformal coatings provide improved product characteristics, including high heat, dust, moisture resistance, corrosion resistance, and improved overall durability. The use of conformal coating has driven the demand for high-quality dispensing mechanisms to dispense conformal coatings effectively, since poor dispersion results in cracks in the coating layer and affects PCB functions. In January 2021, Delta Electronics, Inc. provided a PCB conformal coating dispensing and inspection solution to an electronic automotive component manufacturer in Tianjin, China. The mechanism dispenses coatings through a nozzle and triggers an alarm in case of insufficient or improper dispensing.

Players in the conformal coatings market are adopting merger & acquisition initiatives to expand their reach. For instance, in May 2021, Element Solutions, Inc. acquired H.K. Wentworth Limited, a U.K.-based company involved in manufacturing conformal coatings, thermal management materials, electronic cleaning solutions, and encapsulation resins. The company has a presence in over 55 countries and caters to end-user markets, including aerospace & defense, medical, telecommunications, and consumer electronics. This acquisition can help Element Solutions, Inc. to expand its conformal coatings manufacturing capacity in various end-use markets.

Due to the presence of several players in the conformal coatings market, the competitive rivalry is high. Conformal coating manufacturers collaborate with other market players to increase their market share. For instance, in May 2021, Dymax and HZO, Inc. entered into a strategic alliance to facilitate joint product development, formulate existing coating solutions, and accelerate market reach. Dymax is involved in producing conformal coatings, and such initiatives can strengthen its position in the conformal coatings market.

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Conformal Coatings Market Report Highlights

• The global conformal coatings market was valued at USD 930.89 million in 2021 and is estimated to expand at a CAGR of 5.9% from 2022 to 2030
• Consumer electronics in the application segment is expected to witness the highest CAGR of 6.3% during the forecast period, in terms of revenue. This can be attributed to the increasing awareness of consumers regarding the Internet of Things (IoT) and the new upgraded product launches by consumer electronics product manufacturers
• Acrylic dominated the product segment and accounted for more than 47.0% share of the overall revenue in 2021. This high share is attributed to its properties like the ease of application and removal during rework and quick-drying, as compared to its counterparts, thereby augmenting the market growth for acrylic conformal coatings
• Increasing automation across end-use industries is expected to pave the way for complex adaptive systems, multi-processing, cloud-based supervisory control, and data acquisition (SCADA) systems, and programmable automation controllers (PACs), which are expected to impact the market for conformal coatings positively
• Asia Pacific accounted for more than a 51.0% share of the overall revenue in 2021 in the thermal spray coatings market. Its thermal spray coatings market is expected to witness a growth of 6.4% to reach a net worth of USD 800.90 million by 2030

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Conformal Coatings Market Segmentation

Grand View Research has segmented the global conformal coatings market based on product, application, and region:

Conformal Coatings Product Outlook (Revenue, USD Million, 2019 - 2030)

• Acrylic
• Epoxy
• Urethane
• Silicone
• Parylene

Conformal Coatings Application Outlook (Revenue, USD Million, 2019 - 2030)

• Consumer Electronics
• Automotive
• Medical
• Aerospace & Defense
• Others

Conformal Coatings Regional Outlook (Revenue, USD Million, 2019 - 2030)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

List of Key Players in the Conformal Coatings Market

• Henkel AG & Co. KGaA
• Chemtronics
• Shin-Etsu Chemical Co., Ltd.
• Dow
• B. Fuller Company
• Chase Corp
• Electrolube
• Europlasma NV
• MG Chemicals
• KISCO LTD
• Dymax Corporation
• ALTANA AG
• ACC Silicones Limited
• CSL Silicones Inc.
• Aalpha Conformal Coatings

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Reusable Water Bottle Market Latest Innovations, Drivers and Industry Key Events 2024 – 2030: Grand View Research Inc.

Reusable Water Bottle Market Growth & Trends

The global reusable water bottle market size is expected to reach USD 12.60 billion by 2030, registering a CAGR of 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products.

Moreover, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people, likely promoting the market growth. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.

Additionally, increasing environmental awareness among consumers is likely to remain the fundamental driver for the growth of the reusable water bottle market. Due to this, majority of the leading players in the market have adopted new strategies, which are commonly driven by the need to improve the consumer experience.

During the COVID-19 pandemic, consumers have refrained from physical shopping and largely opted for online purchases. This scenario has driven the manufacturers, to distribute their products via online channels, promoting the growth of reusable water bottles through the online distribution channel. For instance, this trend has encouraged many new entrants and existing companies such as 24Bottles, Friendly Cup, and United Bottles to drive up sales using online traction.

In terms of material type, the plastic segment is expected to register the fastest CAGR from the year 2022 to 2030. With sustainability becoming a major issue owing to the surge in plastic waste generated by single-use plastic water bottles, several countries like India, Canada, the U.K., and France, have banned single-use plastics and are promoting the reuse and refilling of bottles, likely propelling segment growth.

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Reusable Water Bottle Market Report Highlights

• The plastic material type segment dominated the market with a revenue share of over 36% in 2023. The demand for plastic-based reusable bottles among consumers is increasing owing to the large availability of a variety of plastic reusable water bottle products as a result of the low cost of manufacturing by producers.
• During the forecast period, the online distribution channel segment is expected to grow the fastest. The increasing availability of a wide range of reusable water bottles of different brands, free delivery, and seasonal discount on e-commerce platforms such as Amazon are among the major reasons driving the segment.
• Asia Pacific is expected to contribute a majority of the share to become the largest division in the global revenue in 2023 with a share of 39.8%. Growing awareness among consumers regarding the negative impact of single-use water bottles on marine life and the environment is boosting demand for silicone, glass, and metal bottles in the region.

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Reusable Water Bottle Market Segmentation

Grand View Research has segmented the global reusable water bottle market based on material type, distribution channel, and region:

Reusable Water Bottle Material Type Outlook (Revenue, USD Million, 2018 - 2030)

• Glass
• Stainless Steel
• Plastic
• Silicone
• Others

Reusable Water Bottle Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Specialty Stores
• Convenience Stores
• Supermarkets & Hypermarkets
• Online

Reusable Water Bottle Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia & New Zealand
  • Southeast Asia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

List of Key Players in the Reusable Water Bottle Market

• Tupperware Brands Corporation
• SIGG Switzerland AG, GmbH
• CamelBak Products, LLC
• Klean Kanteen
• Contigo
• Aquasana Inc.
• Hydaway
• Nalgene
• S’well

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.