Dairy Alternatives Market To Make Great Impact In The Near Future by 2028: Grand View Research Inc.

 Dairy Alternatives Market Growth & Trends

The global dairy alternatives market size is expected to reach USD 52.58 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.5% from 2021 to 2028. The rise in demand for plant-based alternatives and changing consumer diets utilizing milk alternatives are driving the demand for dairy alternatives.

Increasing occurrence of milk allergies or cases of lactose intolerance is expected to drive the market further. People with lactose intolerance are increasingly opting for milk alternatives, which has made beverage manufacturers adopt dairy alternatives to appeal to the respective consumer base, further propelling the demand for dairy alternatives.

Changing consumer preferences caused by environmental or moral concerns resulting in the mass adoption of vegan or similar diets are expected to positively impact the market growth over the forecast period. Europe has a well-established food and beverages industry and has seen significant growth in the vegan population, resulting in the high market growth in the region.

Moreover, consumers are opting for more variety in their food and beverage products such as almond milk coffee or coconut panna kotta. Similar dishes with dairy alternatives are becoming available across major industries such as hotels, restaurants, and cafes as well as in packaged foods. The increased availability of the products has made it easier for consumers to opt for dairy alternatives and products consisting of the same.

Asia Pacific has been the most dominant regional market as it consists of numerous emerging economies, along with a growing population. The growing middle-class population, coupled with the increasing disposable income, has empowered consumers to opt for variety in their food choices. Moreover, exposure to westernized foods and diet trends is driving the market further in the region.

The market is highly competitive as the established players have already captured a large market share, however, emerging local players are entering the market considering the realized demand for the product. The simplicity of the process and technology has made it easier for the new entrants to infiltrate the market, and therefore increase competition in the market. The existing players have been coming up with new products and sources of milk. For instance, a start-up in San Francisco has collaborated with ADM to produce animal-free milk using microflora, such as yeast. The product is expected to have all the benefits of cow milk without the raw material.

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Dairy Alternatives Market Report Highlights

• By source, soy held the largest share of over 35.0% in 2020. Soy milk has been traditionally consumed for a long time in many countries and is affordable and easily available worldwide, making it the most dominant source segment in terms of revenue in 2020
• By product, milk captured the largest share of more than 67.0% in 2020 owing to high demand for plant-based milk alternatives from lactose-intolerant consumers as well as consumers following a vegan diet. The increasing occurrences of high cholesterol in adults and the elderly have led to numerous consumers opting for dairy alternatives-based products instead of milk products
• By distribution channel, supermarkets and hypermarkets led the market with more than 40.0% share in 2020. Developed regions such as North America and Europe have a higher penetration of supermarkets and hypermarkets, meanwhile developing regions are witnessing an increased number of supermarkets and hypermarkets, thus contributing to the high growth of the distribution channel segment
• Asia Pacific dominated the market in 2020 with a share of over 44.0% in terms of revenue, which was followed by North America and Europe, respectively. The easy availability of the product in aseptic packaging enabling convenient storage is expected to result in increased adoption of the product over the forecast period
• The investments in the plant-based alternatives food sector are increasing as the market for the same is growing. For instance, an investment issuer called EAT BEYOND GLOBAL HOLDINGS INC. added Plant Power Restaurant Group, LLC to its portfolio, which has vegan beverages, such as shakes. The deal aims to target a larger consumer base that eats fast food but prefers vegan alternatives

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Dairy Alternatives Market Segmentation

Grand View Research has segmented the global dairy alternatives market on the basis of source, product, distribution channel, and region:

Dairy Alternative Source Outlook (Revenue, USD Million, 2017 - 2028)

• Soy
• Almond
• Coconut
• Rice
• Oats
• Others

Dairy Alternative Product Outlook (Revenue, USD Million, 2017 - 2028)

• Milk
• Yogurt
• Ice Cream
• Cheese
• Creamer
• Others

Dairy Alternative Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail
• Others

Dairy Alternative Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Dairy Alternatives Market

• The Hain Celestial Group, Inc.
• SunOpta Inc.
• Danone
• Oatly
• Vitasoy International Holdings Limited
• DAIYA FOODS INC.
• Melt Organic
• Living Harvest Foods Inc.
• Ripple Foods
• Earth’s Own Food Company 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.

Dyes & Pigments Market is Thriving USD 51.7 Billion Revenue by 2028: Grand View Research Inc.

 Dyes & Pigments Market Growth & Trends

The global dyes and pigments market size is expected to reach USD 51.7 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% from 2021 to 2028. The market is projected to witness substantial growth in product consumption on account of high application scope coupled with increasing demand from the textile and paints & coatings application segments. The product demand in the Asia Pacific is expected to grow at the fastest CAGR during the forecast period. The growing construction industry, rapid industrialization & urbanization, and increasing consumer disposable income levels in the emerging economies are the primary factors driving the regional market. Moreover, strong support, various initiatives, and increasing investments by the government are propelling the growth of the construction industry in the region, which, in turn, is anticipated to fuel the product demand.

Increasing utilization of plastics in consumer goods is anticipated to provide a positive scope for market growth over the forecast period. Pigments are added to polymers to obtain the specific colors in plastic products. Its use in plastics depends upon its weatherability and aging, light fastness, warping and nucleation, and transparency. The demand for inorganic pigments is higher than organic in plastics. The organic pigments tend to form clumps owing to their poor dispersion, which further results in spots and specks in the final product. As a result, inorganic pigments are a preferable option as they are easily dispersed. Titanium dioxide is the most commonly used inorganic pigment in the plastics application segment.

Based on product type, reactive and disperse dyes are expected to witness major demand during the projected period. Dyes cover a broad range of applications from textiles to organic LEDs and Liquid Crystal Displays (LCD). Properties, such as enhanced dyeing efficiency, photophysical/photochemical properties, and improved quality to reduce toxicity, are anticipated to propel the growth of reactive and disperse dyes in the next eight years.

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Dyes & Pigments Market Report Highlights

• In terms of revenue, Asia Pacific led the global market in 2020 and is estimated to expand at the fastest CAGR of 5.8% from 2021 to 2028
• Increasing product demand from the end-use industries, such as textiles, paper, paints & coatings, construction, and printing inks, is likely to drive the APAC regional market in the coming years
• Dyes are expected to be the largest as well as the fastest-growing product segment over the forecast period
• The paints & coatings application segment accounted for the largest revenue share of the pigments market in 2020 and is estimated to maintain its dominance over the forecast period
• Rising product demand in various applications, such as automotive and marine, is estimated to support the growth of the paints & coatings segment
• Textiles application segment dominated the dyes market in 2020 with more than 62% revenue share and is expected to continue its dominance throughout the forecast period

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Dyes & Pigments Market Segmentation

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

Dyes & Pigments Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Dyes
  • Reactive
  • Vat
  • Acid
  • Direct
  • Disperse
  • Others
• Pigments
  • Organic
  • Inorganic

Dyes & Pigments Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Dyes
  • Printing Inks
  • Textiles
  • Paper
  • Leather
  • Others
• Pigments
  • Plastics
  • Paints & Coatings
  • Construction
  • Printing Inks
  • Others

Dyes & Pigments Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Dyes & Pigments Market

• BASF SE
• Clariant AG
• DIC Corp.
• Sudarshan Chemical Industries Ltd.
• Atul Ltd.
• Huntsman Corp.
• Kronos Worldwide Inc.
• Lanxess AG
• Kiri Industries Ltd.

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.

U.S. Intravenous Immunoglobulin Market Expected To Propel Industry Growth By 2028: Grand View Research Inc.

 U.S. Intravenous Immunoglobulin Market Growth & Trends

The U.S. intravenous immunoglobulin market size is expected to reach USD 10.24 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% from 2021 to 2028. Robust pipeline, approval and launch of novel products, and increasing government initiatives are expected to be the major factors driving the market.

Robust pipeline and increasing approvals and launches of novel products are anticipated to support the market growth over the forecast period. For instance, in April 2019, U.S.-based ADMA Biologics, Inc. received U.S. FDA approval for its new drug Asceniv. It is an IVIG drug indicated for the treatment of primary humoral immunodeficiency disease. Similarly, in December 2019, CSL Behring announced receiving orphan drug exclusivity for Hizentra from the U.S. FDA to treat Chronic Inflammatory Demyelinating Polyradiculoneuropathy (CIDP). In another instance, in February 2021, Biotest AG announced that it was the first in Germany to manufacture an investigational hyper immunoglobulin from plasma protein for the COVID-19 treatment.

Furthermore, increasing initiatives by various government organizations to boost the development of novel products are expected to support market growth over the forecast period. For instance, in January 2018, the National Institutes of Health (NIH) awarded a grant of USD 3 million to the U.S.-based GigaGen Inc. to develop novel recombinant intravenous immunoglobulin for patients with primary immunodeficiency diseases.

However, the manufacturing of IVIG requires a well-developed production facility and high capital investments, thereby leading to the high cost of the final product. Hence, this factor is anticipated to restrain the market growth. In addition, IVIG products undergo stringent regulations pertaining to safety and handling, which is another factor expected to impede the market growth. For instance, in 2018, the U.S. FDA delayed the approval of GC Pharma’s intravenous immunoglobulin product and demanded additional data related to the drug’s manufacturing process.

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U.S. Intravenous Immunoglobulin Market Report Highlights

• By application, immunodeficiency diseases dominated the market in 2020 owing to the rising number of cases and the growing adoption of IVIG for the treatment of these diseases
• The multifocal motor neuropathy application segment is expected to register the fastest growth rate over the forecast period due to the high effectivity of IVIG in its treatment
• Based on distribution channel, hospital pharmacy held the largest share in 2020 owing to a large number of hospital pharmacies and the easy availability of products in the hospitals
• Market leaders are involved in the development of new plasma collection centers and other collaborative strategies to expand their geographical reach and widen their product portfolio

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U.S. Intravenous Immunoglobulin Market Segmentation

Grand View Research has segmented the U.S. intravenous immunoglobulin market on the basis of application and distribution channel:

U.S. IVIG Application Outlook (Revenue, USD Million, 2016 - 2028)

• Hypogammaglobulinemia
• CIDP
• Immunodeficiency Diseases
• Congenital AIDS
• Chronic Lymphocytic Leukemia
• Myasthenia Gravis
• Multifocal Motor Neuropathy
• ITP
• Kawasaki Disease
• Guillain-barre Syndrome
• Others

U.S. IVIG Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Hospital Pharmacy
• Specialty Pharmacy
• Others

List of Key Players of U.S. Intravenous Immunoglobulin (IVIG) Market

• Biotest AG
• Octapharma AG
• LFB Biotechnologies S.A.S
• China Biologics Products Holdings, Inc.
• Grifols, S.A.
• Kedrion Biopharma, Inc.
• CSL Behring
• McKesson Corporation
• Takeda Pharmaceutical Company Limited
• Bio Products Laboratory Ltd.
• Pfizer, Inc.
• ADMA Biologics, 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.

Regulatory Affairs Market Overview, Analysis And Forecast To 2028: Grand View Research Inc.

 Regulatory Affairs Market Growth & Trends

The global regulatory affairs market size is expected to reach USD 22.7 billion by 2028 registering a CAGR of 8.4%, according to a new report by Grand View Research, Inc. Rise in drug approvals, label expansions of approved products, along with the presence of Fastrack regulatory pathways are anticipated to facilitate the market growth over the forecast period. Technological advancements in regulatory software and the growing digital transformation in the healthcare industry are also expected to contribute to market growth. In addition, the introduction of Medical Devices Regulation (MDR) and In Vitro Diagnostics Regulation (IVDR) is anticipated to not only change the EU regulatory landscape and increase the stringency of regulations but also increase the number of documents required to be created and maintained by companies.

Furthermore, the changes in the Central Administration for Pharmaceutical Affairs (CAPA) scope in Egypt is anticipated to change the medical device registration process in the country. Such changes in local regulations are anticipated to favor market growth. Furthermore, several regulatory changes related to clinical trials, vaccine development, and product approvals, initiated by the global and local regulatory authorities to expedite patient access to Covid-19 treatments and vaccines, are anticipated to positively affect the market growth. Market players are actively involved in the adoption of advanced technologies, strategic collaborations, and mergers & acquisition, to strengthen their market positions and outperform the competition. For instance, in 2020, ICON acquired MedPass, a medical device CRO, reimbursement, and regulatory consultancy firm. This acquisition is aimed at strengthening the medical device and diagnostic research services portfolio of ICON through the addition of new clinical and regulatory capabilities in Europe.

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Regulatory Affairs Market Report Highlights

• Regulatory writing and publishing was the leading service segment in 2019 and is projected to retain its dominant position throughout the forecast years
• This growth is credited to an increase in the outsourcing of selected regulatory functions by major life sciences companies
• The Biologicssegment is anticipated to witness the fastest CAGR over the forecast period due to the increasing popularity of personalized medicines and biosimilars
• The oncology indication segment dominated the market in 2019 and will expand further at a steady CAGR from 2020 to 2027
• This growth can be attributed to the rising cancer cases and mortality rate along with the presence of several innovative pipeline products

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

Regulatory Affairs Market Segmentation

Grand View Research has segmented the global regulatory affairs market on the basis of service, service provider, company size, categories, product stage, indication, end-use, and region:

Regulatory Affairs Service Outlook (Revenue, USD Million, 2016 - 2028)

• Regulatory Consulting
• Legal Representation
• Regulatory Writing & Publishing
• Product Registration & Clinical Trial Application
• Other Services

Regulatory Affairs Service Provider Outlook (Revenue, USD Million, 2016 - 2028)

• In-house
• Outsourcing

Regulatory Affairs Company Size Outlook (Revenue, USD Million, 2016 - 2028)

• Small
• Medium
• Large

Regulatory Affairs Categories Outlook (Revenue, USD Million, 2016 - 2028)

• Drugs
  • Innovator
    • Preclinical
    • Clinical
    • Post Market
  • Generic
    • Preclinical
    • Clinical
    • Post Market
  • Biologics
    • Biotech
      • Preclinical
      • Clinical
      • Post Market
    • ATMP
      • Preclinical
      • Clinical
      • Post Market
    • Biosimilar
      • Preclinical
      • Clinical
      • Post Market
    • Medical Devices
      • Diagnostic
        • Preclinical
        • Clinical
        • Post Market
      • Therapeutic
        • Preclinical
        • Clinical
        • Post Market

Regulatory Affairs Product Stage Outlook (Revenue, USD Million, 2016 - 2028)

• Preclinical
• Clinical
• PMA

Regulatory Affairs Indication Outlook (Revenue, USD Million, 2016 - 2028)

• Oncology
• Neurology
• Cardiology
• Immunology
• Others

Regulatory Affairs End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Medical Device Companies
• Pharmaceutical Companies
• Biotechnology Companies

Regulatory Affairs Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Turkey
  • The Netherlands
  • Switzerland
  • Sweden
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • Taiwan
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Israel

List of Key Players of Regulatory Affairs Market

• Accell Clinical Research, LLC.
• GenPact Ltd.
• Criterium, Inc.
• PRA Health Sciences
• Promedica International
• WuXi AppTec, Inc.
• Medpace
• Charles River Laboratories International, Inc.
• Icon plc
• Covance
• Parexel International Corporation
• Freyr

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.

U.S. Concrete Floor Coatings Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 U.S. Concrete Floor Coatings Market Growth & Trends

The U.S. concrete floor coatings market size is anticipated to reach USD 420.0 million by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 4.3% over the forecast period. Increasing demand for green buildings in the country is expected to drive market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The advent of VOC-free and eco-friendly products is also expected to boost the demand, thereby fueling the overall market growth over the forecast period.

In addition, increasing spending on the commercial sector is further expected to boost the market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2 trillion as a part of the Covid-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. The epoxy product segment is projected to register a CAGR of 3.9% from 2021 to 2028 due to wide product usage in the flooring industry on account of its improved durability and superior toughness. These products are either water-based or solvent-based.

Epoxy floor coatings are widely preferred for garage application for improved appearance and owing to their reasonable price, better resilience to stains & tire marks, and ability to cover minor imperfections, such as flaws and spider cracks on the concrete. Moreover, the rising demand for anti-dusting products is supporting the market growth. In addition, government initiatives to provide affordable housing units are expected to fuel the growth of the residential construction industry. This, in turn, is projected to create product demand over the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.

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U.S. Concrete Floor Coatings Market Report Highlights

• South division dominated the overall market in 2020, both in terms of revenue and volume, and will retain the leading position throughout the forecast period
• Epoxy was the largest product segment and accounted for a market share of over 40% in 2020 and will witness steady growth over the forecast period
• Properties of epoxy, such as toughness, improved dimensional stability, and superior resistance to abrasion and UV light, are propelling its demand in residential, commercial, and industrial applications
• The commercial application segment is generating the maximum revenue owing to high product demand from restaurants & breweries, supermarkets & retail stores, educational institutions, and other commercial structures
• Key companies in the market are investing in R&D activities to develop innovative products to strengthen their market position
• For example, in September 2020, PPG Industries launched PPG Flooring coatings, which is a comprehensive line of four coating systems that comprise prime coats, base coats, and topcoats
• This product line is designed to provide optimum performance based on the specific work environment

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U.S. Concrete Floor Coatings Market Segmentation

Grand View Research has segmented the U.S. concrete floor coatings market on the basis of product, application, end user, and division:

U.S. Concrete Floor Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Epoxy
• Polyurethane
• Polyaspartic
• Other

U.S. Concrete Floor Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Residential
  • Garages
  • Patios
  • Walkways
  • Basements
• Commercial
  • Restaurants & Breweries
  • Supermarkets and Retail Stores
  • Educational Institutions
  • Other Commercial
• Industrial

U.S. Concrete Floor Coatings End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Do-It-Yourself (DIY)
• Professional

U.S. Concrete Floor Coatings Division Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2028)

• Northeast
• Midwest
• South
• West

U.S. Concrete Floor Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2016 - 2028)

• Coated
  • Epoxy
  • Polyurethanes
  • Polyaspartics
  • Others
• Polished

U.S. Concrete Floor Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2016 - 2028)

• Residential
• Commercial

List of Key Players of U.S. Concrete Floor Coatings Market

• The Sherwin-Williams Company
• Henkel AG & Co. KGaA
• PPG Pittsburgh Paints
• Behr Paint Company
• EPMAR Corporation
• Sika 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.

Sorbitol Market Latest Innovations, Drivers and Industry Key Events 2021 – 2028: Grand View Research Inc.

 Sorbitol Market Growth & Trends

The global sorbitol market size is expected to reach USD 2.44 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2021 to 2028. The increasing awareness regarding the health and digestive benefits associated with the digestive health supplements, rising geriatric population, increasing demand for non-medical dietary supplements, and technological advancements in the processing of these products are driving the demand for sorbitol-based products, consequently aiding the growth of the market over the forecast period.

The market growth is expected to be fueled by the increasing demand for the product for use in the manufacturing of various food and beverages, such as fruit juice, candies, and chocolates. Moreover, vitamin C is synthesized using sorbitol as the product is one of the building blocks in the manufacturing process. Vitamin C is also used for the production of dietary supplements, which is expected to grow at a high rate over the forecast period, resulting in the high growth of the market. The rise in the number of gym-goers, coupled with the increasing awareness regarding health and fitness, has positively affected the demand for nutritional drinks, thus has increased the demand for specialty ingredients across the world.

The liquid product segment dominated the market in 2020. It is used in the production of candy to increase its chewy texture and softness. Liquid sorbitol is also finding new applications in the tobacco market as it is added to chewing tobacco to enhance its flavor. The growing applications of liquid sorbitol are expected to be helpful in the growth of the segment over the forecast period. The crystal product segment is anticipated to witness significant growth from 2021 to 2028. Crystal sorbitol is used in numerous cosmetic products, such as moisturizers and face creams, in the form of humectant due to its resistance to bacteriological degradation and ability to retain moisture. The growing demand for cosmetic products is expected to impact the market growth positively over the forecast period.

The food end-use segment dominated the market in 2020. Sorbitol is majorly used as a sweetener and a low-calorie sugar substitute in the food and beverage industry. In addition to providing sweetness, sorbitol also acts as an excellent texturizing and anti-crystallization agent in the production of ice cream and bakery products. The growth of the food end-use segment is also attributed to rising product utilization in the production of diabetic food products. Efficiency in operation and product innovation are expected to drive the market. Fast-paced lifestyle and increased preference for convenience food are presumed to be some of the major drivers of the food processing sector, resulting in the growth in demand for sorbitol.

Factors such as advancements in nutrition and technology, growing consumer inclination toward improved health and longevity, and increasing frequency of exercising in modern lifestyles are expected to contribute to augmented consumption of fiber-rich, organic, and gluten-free foods. This is expected to boost the consumption of sorbitol in the production of fiber-rich and gluten-free food products, thereby driving the market.

The companies are developing a broad range of products to cater to the requirements of different application industries and boost sales growth, thereby leading to the development of a diversified product portfolio. This, in turn, is expected to aid the companies to target different market segments and also improve brand equity.

Major companies in the market own several trademarks and patents, which emerge as valuable assets for the company. These patents and trademarks offer an important competitive edge to the companies. These patents also witness the streams of new inventions generated by the companies, which are expected to enhance customer satisfaction and contribute to strengthening customer relationships. These patents also improve brand equity as well as the financial performance of the companies operating in the market. Over the forecast period, sorbitol is therefore expected to see an increased number of applications in the food and beverage industry.

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Sorbitol Market Report Highlights

• By product, liquid accounted for the largest share in terms of revenue as well as volume in 2020. The product is preferred over other substitute products as it is non-carcinogenic and has a pleasant and sweet taste
• The crystal product segment is expected to expand at the highest growth rate over the forecast period. Crystal sorbitol is used as a plasticizer in the manufacturing of capsule outer shell and as an excipient and filler in the production of pharmaceutical capsules
• The vitamin C application segment is expected to register the highest growth rate over the forecast period owing to its increasing use in functional foods and dietary supplements
• The food end-use segment held the largest market share in terms of revenue and volume in 2020. The food processing industry across the world is expected to witness a boost in sales owing to the increased consumer preferences in terms of variety of products as well as quality
• Companies operating in the market are continuously involved in the enhancement of the quality of products and the companies keep introducing new products with advanced features that are competitive in both performance and prices

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

Sorbitol Market Segmentation

Grand View Research has segmented the global sorbitol market on the basis of product, application, end-use, and region:

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

• Liquid
• Crystal

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

• Oral Care
• Vitamin C
• Diabetic & Dietetic Food & Beverage
• Surfactant
• Others

Sorbitol End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Personal Care
• Chemical
• Food
• Pharmaceuticals
• Others

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

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

List of Key Players of Sorbitol Market

• American International Foods, Inc.
• ADM
• Cargill Incorporated
• DuPont
• Gulshan Polyols Ltd.
• Merck KGaA
• Ecogreen Oleochemicals GmbH
• Qinhuangdao Lihua Starch Co., Ltd.
• Roquette Frères
• SPI Pharma
• Tereos
• Ingredion Incorporated
• Kasyap Sweeteners, Ltd.

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.

Immersion Cooling Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 Immersion Cooling Market Growth & Trends

The global immersion cooling market size is anticipated to reach USD 458.4 million by 2028, registering a CAGR of 14.6% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for data center infrastructure along with the increased consumption of power by other cooling systems is likely to boost the demand for immersion cooling systems over the forecast period.

Cooling infrastructure in data center facilities accounts for almost half of the total energy consumption. The demand for data infrastructure is rising rapidly, resulting in the servers storing a higher amount of data and reaching their heat rejection thresholds faster. Data centers are adopting immersion cooling systems as it reduces energy consumption & overhead costs.

Apart from lowering the energy consumption, immersion cooling ensures less space utilization and helps increase the server density in the same installation space, thereby reducing the total cost of ownership. In addition, the data center industry has a significant carbon footprint resulting in an increased focus on the implementation of energy-efficient processes.

Data centers are focusing on using immersion cooling solutions to reduce their impact on the environment. For instance, in January 2020, LiquidCool Solutions collaborated with MIRIS to minimize its datacenters’ contribution to global warming by merging the use of waste heat with renewable energy sources and immersion cooling technology.

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Immersion Cooling Market Report Highlights

• High-performance computing is expected to grow at a CAGR of 12.6% from 2021 to 2028 as immersion cooling helps in improving HPC performance by delivering extraordinary IT hardware density while saving up to 95% of the cooling cost
• The mineral oilsegment is anticipated to witness a CAGR of 15.0% due to the high demand for mineral oil
• Mineral oil provides improved efficiency and simplicity in the facility design compared to the traditional air-cooling systems, thereby offering cost benefits
• North America accounted for over 35% of the global revenue share in 2020 due to the presence of intelligent building, large-scale data centers, and building automation vendors in the region
• Companies in the market are focusing on business expansion. For instance, in March 2021, Submer announced its collaboration with SYNNEX Corp. for increasing its presence in the U.S.

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Immersion Cooling Market Segmentation

Grand View Research has segmented the global immersion cooling market on the basis of product, application, cooling liquid, and region:

Immersion Cooling Product Outlook (Revenue, USD Million, 2017 - 2028)

• Single-phase
• Two-phase

Immersion Cooling Application Outlook (Revenue, USD Million, 2017 - 2028)

• High-performance Computing
• Edge Computing
• Cryptocurrency Mining
• Artificial Intelligence (AI)
• Others

Immersion Cooling Liquid Outlook (Revenue, USD Million, 2017 - 2028)

• Mineral Oil
• Fluorocarbon-based Fluids
• Deionized Water
• Others

Immersion Cooling Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Immersion Cooling Market

• Fujitsu Ltd.
• Dug Technology
• Submer
• Liquid Stack
• Midas Green Technologies
• Asperitas
• LiquidCool Solutions
• ExaScaler, 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.

Fitness Tracker Market to Partake Significant Development During 2021 to 2028: Grand View Research Inc.

 Fitness Tracker Market Growth & Trends

The global fitness tracker market size is expected to reach USD 138.7 billion by 2028, registering a CAGR of 18.9% over the forecast period, according to a new report by Grand View Research, Inc. Some of the factors contributing to the market growth are the rising awareness regarding health & fitness, growing adoption of smartphones, availability of the internet, and increasing consumer disposable incomes. Moreover, the rise in cases of sedentary lifestyle-related health problems and the growing prevalence of Cardiovascular Diseases (CVDs) and obesity are likely to boost the product demand. For instance, in 2017, about 13% of the world’s adult population was obese and around 39% was overweight. The growing awareness regarding health, fitness, and wellness, specifically in the younger population with higher disposable incomes, will drive the market.

Furthermore, the Covid-19 pandemic has led to an increase in awareness regarding fitness & health resulting in a rise in the adoption of fitness trackers. In addition, the market players introduced some Covid-19-specific tracking indications to capture the growing market demand and the changing consumer requirement. For instance, Fitbit Inc. launched Sense with a SpO2 levels monitor, ECG monitor, and stress management features to meet the growing demand. Wide distribution networks and retail tie-ups of the market players enable the availability of the latest products worldwide. In addition, the growing e-commerce sector and adoption of online channels further propel the growth of the market.

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Fitness Tracker Market Report Highlights

• The smartwatch segment dominated the market in 2020 as a result of high demand for these devices owing to their features and functions, such as health tracking and communication
• On the other hand, the fitness band segment is expected to register the fastest CAGR over the forecast period due to the comparatively low cost of these devices and the availability of advanced products with features, such as stress and sleep monitoring
• In 2020, the online distribution channel segment held the highest market share owing to the easier availability and accessibility
• North America dominated the market in 2020 accounting for the maximum revenue share owing to constant product innovation by key manufacturers, wide usage of smartphones and the internet, and higher disposable income levels
• Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to the rising product adoption, growing awareness regarding fitness & health, rising consumer disposable income, and growing penetration of e-commerce platforms

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

Fitness Tracker Market Segmentation

Grand View Research has segmented the global fitness tracker market based on type, application, distribution channel, and region:

Fitness Tracker Type Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Watches
• Fitness Bands
• Smart Clothing
• Others

Fitness Tracker Application Outlook (Revenue, USD Million, 2016 - 2028)

• Heart Rate Tracking
• Sleep Monitoring
• Glucose Monitoring
• Sports
• Running
• Cycling Tracking
• Others

Fitness Tracker Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Fitness Tracker Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Fitness Tracker Market

• Apple, Inc.
• Fitbit, Inc.
• Garmin Ltd.
• Beienda
• Ambiotex GmbH
• Hexoskin
• Huawei Technologies
• Nurvv
• Oura Health Ltd.
• Withings

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.

Cell And Gene Therapy Manufacturing Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Cell And Gene Therapy Manufacturing Market Growth & Trends

The global cell and gene therapy manufacturing market size is expected to reach USD 57.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 20.3% from 2021 to 2028. An exponential rise in clinical pipeline coupled with a rising number of regulatory approvals for advanced therapies has majorly driven the market.

Considering promising growth opportunities in the contract development of cellular and gene-modified therapies, market participants are making focused efforts to boost their market presence. Also, bio manufacturers are signing strategic alliances with contract manufacturers to accelerate the R&D of their candidate programs. Rising demand for CMOs/CDMOs services has led to the entry of several new players as well as expansion of product development capabilities, thereby positively impacting market revenue.

Several novel methods are being introduced to advance cell and gene therapy manufacturing. For instance, the manufacturers are exploring the potential of single-use technology in production workflows. This technique is gaining increasing attention in this arena to speed the development process while reducing the overall cost and production timeline. Such technological advancements in space are anticipated to bolster market growth in the coming years.

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Cell And Gene Therapy Manufacturing Market Report Highlights

• The cell therapy manufacturing segment dominated the market in 2020 in terms of revenue
• A high number of ongoing clinical trialsof cell therapies to address the robust need for effective treatment against COVID-19 infection has resulted in segment growth
• A high number of candidate molecules in the pre-commercial scale stage has contributed to the largest revenue share of the segment in 2020
• On the other hand, the recent success of CAR-T therapies supplements the growth of the commercial-scale manufacturing segment
• The contract manufacturing segment is expected to witness lucrative growth during the forecast period as a substantial number of bio manufacturers are turning to CMOs for efficient and rapid product development
• Ongoing pandemic has accelerated the global investments in the R&D of viral vector-based vaccines, creating lucrative opportunities in the vector production segment
• North America dominated the market in terms of revenue in 2020 owing to the strong research as well as a commercial base for cell and gene therapy products in the U.S.
• S. is leading the CAR-T and gene therapy space with the highest number of approved products, thus positively influencing the market growth in the region
• Asia Pacific is anticipated to grow at the fastest rate throughout the forecast period
• Constantly evolving viral vector production and CDMO landscapes through plant expansions and new sites are spurring the market in this region
• The key players are engaged in collaboration with biopharma developers to support their product development process

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cell-gene-therapy-manufacturing-market

Cell And Gene Therapy Manufacturing Market Segmentation

Grand View Research has segmented the global cell and gene therapy manufacturing market on the basis of therapy type, scale, mode, workflow, and region:

Cell & Gene Therapy Manufacturing Type Outlook (Revenue, USD Million, 2017 - 2028)

• Cell Therapy Manufacturing
  • Stem Cell
  • Non Stem Cell
• Gene Therapy Manufacturing

Cell & Gene Therapy Manufacturing Scale Outlook (Revenue, USD Million, 2017 - 2028)

• Pre-commercial/ R&D Scale
• Commercial Scale

Cell & Gene Therapy Manufacturing Mode Outlook (Revenue, USD Million, 2017 - 2028)

• Contract Manufacturing
• In-house Manufacturing

Cell & Gene Therapy Manufacturing Workflow Outlook (Revenue, USD Million, 2017 - 2028)

• Cell Processing
• Cell Banking
• Process Development
• Fill & Finish Operations
• Analytical And Quality Testing
• Raw Material Testing
• Vector Production
• Others

Cell & Gene Therapy Manufacturing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Cell And Gene Therapy Manufacturing Market

• Thermo Fisher Scientific
• Merck KGaA
• Lonza
• Catalent Inc.
• Takara Bio Inc.
• Hoffmann-La Roche Ltd.
• Wuxi Advanced Therapies
• Samsung Biologics
• Boehringer Ingelheim
• Novartis AG
• Hitachi Chemical Co., Ltd.
• Cellular Therapeutics
• Miltenyi Biotec
• Bluebird Bio 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.