Biosensors Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Biosensors Market Growth & Trends

The global biosensors market size is anticipated to reach USD 49.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2022 to 2030. The primary driving reasons for market growth are many applications in the medical/healthcare sector, increased demand in the bioprocessing industry, and the rapid technological advancements in the drug screens area due to the COVID-19 pandemic. Furthermore, due to the COVID-19 outbreak, the biosensor industry has experienced rapid expansion in recent years due to the expanding number of hospitals around the world which will result in high adoption of biosensors because they are cost-effective and time-saving, which are driving the biosensor market.

According to the FDA, surging demand for home-based point of care devices due to the COVID-19 pandemic will provide lucrative opportunities for market growth in the near future. Over the forecast period, technological advancements are expected to be a crucial driver in the growth of the market. For example, the U.K. established the Defense and Security Accelerator (DASA) competition, a wide-area biosensor competition, in April 2020. This competition aims to provide cutting-edge technology for Phase 2 of the Wide-area Biosensor Program, which will locate and detect harmful biological pathogens in the field. In April 2020, for example, Australian researchers developed the world's first biosensor capable of monitoring changes in pH levels in cancer and stroke patients. Furthermore, growing demand for biosensors in drug development and bioreactors is likely to drive market expansion in the near future, owing to biosensors' increasing technological capabilities. 

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Biosensors Market Report Highlights

• By technology, the electrochemical biosensors segment accounted for the largest revenue share in 2021 and is anticipated to witness significant growth over the forecast period owing to the widespread applications for quantification and analysis in biochemical and biological processes
• Based on the application, the medical segment dominated the market in 2021. This device is considered an essential tool in the detection and monitoring of a wide range of medical conditions, such as diabetes and cancer
• In the Middle East and Africa, the market is expected to witness the fastest growth over the forecast period owing to an increase in biosensors research and development and constantly improving healthcare facilities in the region

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Biosensors Market Segmentation 

Grand View Research has segmented the global biosensors market on the basis of technology, application, end-user, and region: 

Biosensors Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Thermal
• Electrochemical
• Piezoelectric
• Optical

Biosensors Application Outlook (Revenue, USD Million, 2017 - 2030)

• Medical
  • Cholesterol
  • Blood glucose
  • Blood gas analyzer
  • Pregnancy testing
  • Drug discovery
  • Infectious disease
• Food Toxicity
• Bioreactor
• Agriculture
• Environment
• Others

Biosensors End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Home healthcare diagnostics
• POC testing
• Food industry
• Research laboratories
• Security and bio-defense

 Biosensors Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Belgium
  • Switzerland
  • Netherlands
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey

List of Key Players in the Biosensors Market

• Bio-Rad Laboratories Inc.
• Medtronic
• Abbott Laboratories
• Biosensors International Group, Ltd.
• Pinnacle Technologies Inc.
• Ercon, Inc.
• DuPont Biosensor Materials
• Johnson & Johnson
• Koninklijke Philips N.V.,
• LifeScan, Inc.
• QTL Biodetection LLC
• Molecular Devices Corp.
• Nova Biomedical
• Molex LLC
• TDK Corporation
• Zimmer & Peacock AS
• Siemens Healthcare

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.

Automotive Wrap Films Market to Reap Excessive Revenues By 2030

 Automotive Wrap Films Market Growth & Trends

The global automotive wrap films market size is expected to reach USD 28.89 billion by 2030, registering a CAGR of 22.2%, according to a new report by Grand View Research, Inc. The rising global population and the increasing disposable income are expected to have a positive impact on the demand for automotive wrap films over the forecast period.

Automotive plastic wrap films are used for advertising, brand marketing, and the personalization of trucks, buses, and passenger cars. The flourishing global sign & graphics industry owing to the increasing demand for mobile advertising is expected to drive the application of these films. The lower cost of automotive wrap films than vehicle paints is also fueling the growth of the market.

Mobile advertising has emerged as an affordable and effective means of advertising over the past few years. Using automotive wrap films allows conversion of any vehicle including car, bus, and truck into a moving billboard, thus facilitating an increased number of views per day. Automotive wraps, being eye-catching and more detailed compared to other advertising mediums, attract a large number of viewers.

Flourishing construction, transportation, and industrial sectors are anticipated to increase the sales of trucks and other earth-moving vehicles worldwide in the coming years. Factors such as the rising demand for vehicle branding and increasing sales of heavy-duty vehicles in North America are expected to have a positive impact on the growth of the market for automotive wrap films over the forecast period.

Asia Pacific is expected to register the highest demand for automotive wrap films over the forecast period. Increasing disposable income of the middle-class families in emerging economies of the region, including Thailand, Indonesia, India, and Malaysia, is anticipated to be a key driving factor for the growth of the market.

The outbreak of the highly contagious COVID-19 across the globe severely affected the manufacturing industries, which, in turn, impacted the growth of the market in 2020. With the spread of COVID-19 across the world, work-from-home rules, order cancellations, and shipping complications surged throughout the plastics industry, impacting the market growth.

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Automotive Wrap Films Market Report Highlights

• In 2021, passenger cars emerged as the largest segment and accounted for a revenue share of 53.81%. Spot graphics and lettering are also very popular among drivers for advertising as well as personalization. In addition, rising disposable income and changing consumer lifestyle are expected to drive the demand over the forecast period
• The U.S. emerged as the largest market in North America in 2021. Automotive wrap films are increasingly being used for application on taxis, vans, trucks, boats, RVs, trailers, and buses in the U.S. Increasing number of automotive vehicle production and rising popularity of camouflage wraps are also expected to augment the demand
• Europe is the second largest market for automotive wrap films after North America owing to the presence of some major manufacturers. A color change or paint-replacement film for vehicles is current trend in Europe. Drivers prefer automotive wrap films over paint owing to low cost and high performance as compared to the vehicle paint market
• The India market is expected to witness significant growth, driven by the rapidly growing automotive industry. In addition, growing consumer disposable income has led to the high demand for affordable and personalized cars

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Automotive Wrap Films Market Segmentation

 Grand View Research has segmented the global automotive wrap films market based on application and region:

Automotive Wrap Films Application Outlook (Revenue, USD Million, 2019 - 2030)

• Passenger Cars
• Buses
• Trucks

Automotive Wrap Films Regional Outlook (Revenue, USD Million, 2019 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Belgium
  • Netherlands
  • Spain
  • Poland
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Indonesia
  • Malaysia
  • Thailand
  • New Zealand
  • Philippines
• Central and South America
  • Brazil
  • Argentina
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates (UAE)
  • South Africa

List of Key Players of Automotive Wrap Films Market

• Avery Dennison
• Arlon Graphics, LLC
• 3M
• Kay Premium Marking Films (KPMF)
• Ritrama S.p.A.
• Vvivid Vinyl
• Orafol Group
• Hexis S.A.
• Guangzhou Carbins Film Co., LTD
• JMR Graphics, 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.

Laparoscopic Devices Market Top Players ,Analysis And Forecast Till 2030: Grand View Research Inc.

 Laparoscopic Devices Market Growth & Trends

The global laparoscopic devices market size is anticipated to reach USD 12.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.2% from 2022 to 2030. The primary driving factors for market growth are the increasing adoption of minimally invasive surgeries over conventional methods, an increase in the number of laparoscopic bariatric procedures, and technological advancements. The COVID-19 pandemic has created a significant challenge for the global healthcare industry. Restricted access to medical services has led to inadequate care for patients suffering from other diseases. Laparoscopy has been adversely impacted by the pandemic. During this period, surgeries are often being postponed or even canceled to prevent transmission of the virus.

However, the market is expected to rebound and grow over the forecast period, as most the countries across the globe have started easing lockdown measures and restarted some of the elective procedures. Over the forecast period, technological advancements are expected to be a crucial driver in the growth of the market. For example, in September 2021, Olympus released the first innovative bipolar surgical energy product, which is named POWERSEALTM. Furthermore, the devices let Olympus compete in the developing global market for advanced bipolar surgical energy devices, which is now valued at over USD 1.2 billion and is expected to grow in the near future.

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Laparoscopic Devices Market Report Highlights

• The energy systems segment accounted for the largest revenue share of 21.5% in 2021, owing to an increase in the number of patients suffering from ulcerative colitis, Crohn’s disease, gall bladder problems, diverticulitis, and obesity is driving segment growth
• The other surgeries segment dominated the market and accounted for a revenue share of around 22.8% in 2021. Other surgeries majorly include cholecystectomy laparoscopy, colon laparoscopy, and prostrate laparoscopy. The growth of the segment is due to constant innovation being employed to boost its success rate
• The hospital segment captured the largest revenue share of around 61.6% in 2021. The growth of this segment can mainly be attributed to an increase in the number of patients suffering from various chronic ailments and the consequent rise in surgical procedures
• Asia Pacific is expected to witness a CAGR of 7.1% over the forecast period. This is due to a large number of surgical procedures. An increase in the number of well-equipped is also expected to boost the market growth in the region over the forecast period

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Laparoscopic Devices Market Segmentation

Grand View Research has segmented the global laparoscopic devices market on the basis of product, application, end-user, and region:

Laparoscopic Devices Product Outlook (Revenue, USD Million, 2017 - 2030)

• Laparoscopes
• Energy Systems
• Trocars
• Closure Devices
• Suction/ Irrigation Device
• Insufflation Device
• Robot-Assisted Systems
• Hand Access Instruments

Laparoscopic Devices Application Outlook (Revenue, USD Million, 2017 - 2030)

• Bariatric Surgery
• Urological Surgery
• Gynecological Surgery
• General Surgery
• Colorectal Surgery
• Other Surgeries

Laparoscopic Devices End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Hospital
• Clinic
• Ambulatory

Laparoscopic Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Laparoscopic Devices Market

• Karl Storz SE & CO. Kg
• Medtronic
• Johnson and Johnson
• Olympus Corporation
• CONMED Corporation
• Braun Melsungen AG
• The Cooper Companies Inc.
• Richard Wolf GmbH
• Microline Surgical
• BD
• Welfare Medical Ltd
• DEAM
• Intuitive Surgical
• Shenzen Mindray Bio Medical Electronics Co., 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.

Vacation Rental Market Witness Excellent Revenue Growth During 2022-2030: Grand View Research Inc

 Vacation Rental Market Growth & Trends

The global vacation rental market size is expected to reach USD 119.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2022 to 2030. Owing to the comfort, low cost, more privacy, and kids and pet-friendly nature of accommodation, travelers are more inclined towards vacation rental property and homes over hotels.

Moreover, vacation rentals offer a variety of high-quality, affordable accommodation options at several destinations, which is likely to boost the growth of the market. As per the Turnkey blog in 2019, the industry is at roughly a 10% growth rate this decade, largely affected by travelers’ desires to stay in a home instead of a hotel. According to the TurnKey Vacation Rentals’ 2019 Consumer Travel Survey, 64% of travelers preferred staying in vacation rentals as opposed to hotels, which is up by 10% from the 2018 Consumer Travel Survey.

Additionally, the evolving trend of transformational travel surrounding wellness trips in order to restore balance and transform the mind, spirit, and body is expected to drive the market over the forecast period. According to a blog by Hospitality Net, typical holidays such as sun, sand, and sea; skiing; sightseeing; and shopping are expected to be high in demand. Furthermore, a higher preference for domestic travel compared to international travel is likely to boost the domestic vacation rental business across the globe.

In terms of accommodation type, the resort/condominium segment is estimated to be the fastest-growing segment over the forecast period. The rising popularity of tourism owing to the increasing number of travelers seeking to unwind while enjoying luxury amenities is expected to fuel the growth of the segment.

Europe led the market with a revenue share of over 30.0% in 2021. Rising travel connectivity, coupled with the rapid penetration of high-speed internet, has made even the most remote places in Europe more accessible to travelers. This is driving the need to explore new, exotic, and exciting locations across the region, thereby fuelling the market growth over the forecast period.

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Vacation Rental Market Report Highlights

• The home accommodation type segment dominated the market with a share of over 45.0% in 2021. Higher preference for homes among travelers owing to the availability of space, safety features, and access to amenities is pushing the growth of the segment
• Online booking mode is estimated to expand at the highest CAGR of 6.0% over the forecast period. With a rise in the penetration of the internet and smartphone devices across regions, vacation rental service providers are augmenting the growth of online bookings through the rising number of monthly visitors
• Asia Pacific is expected to register the fastest CAGR of 6.5% from 2022 to 2030. The growth of the market in the region is mainly attributed to the rising expenditure of consumers on traveling and accommodation. Moreover, the rising expenditure of travelers from developing countries, such as India, the Philippines, Vietnam, and Australia, is further estimated to support the market growth in the region

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Vacation Rental Market Segmentation

Grand View Research has segmented the global vacation rental market on the basis of accommodation type, booking mode, and region:

Vacation Rental Accommodation Type Outlook (Revenue, USD Million, 2017 - 2030)

• Home
• Apartments
• Resort/Condominium
• Others

Vacation Rental Booking Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Vacation Rental Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Vacation Rental Market

• com Pte Ltd.
• Airbnb Inc.
• Booking Holdings Inc.
• Expedia Group Inc.
• Hotelplan Holding AG
• MakeMyTrip Pvt. Ltd.
• NOVASOL AS
• Oravel Stays Pvt. Ltd.
• TripAdvisor Inc.
• Wyndham Destinations 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.

Global Demand for Disposable Face Masks Market to Incur Considerable Upsurge During 2022– 2030: Grand View Research Inc.

 Disposable Face Masks Market Growth & Trends

The global disposable face masks market size is expected to reach USD 2.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of -27.6% from 2022 to 2030. Globally spread COVID-19 pandemic, rapid industrialization, rising pollution levels, and growing awareness among users regarding health protection are expected to propel the need for disposable face protectors over the projected period. Asia Pacific is expected to remain one of the prominent regional markets owing to the growing industrial sector in emerging economies including China and India.

Furthermore, supportive government initiatives to protect the health of the working and non-working classes in the above-mentioned countries are driving the product demand in the near future. Moreover, the increase in air pollution, fast pace growing healthcare industry, large consumer base, increasing consumer consciousness, and growing presence of number of disposable face mask manufacturers in the region are driving the growth of the market in the region. Furthermore, implementation of various safety norms for workers’ safety in the developed economies including U.S. and Germany is expected to remain a key trend in the market.

The industry is highly competitive in terms of product variation and pricing. Key players are focusing on inventing disposable masks that will enable users with better ventilation, filtration, water-proof, and other benefits. Rising consumer demand for innovative, high filtration efficiency, and application-specific masks is expected to open new opportunities for the key players over the next few years. Introduction of special respiratory disposable masks is a key trend in the market, which has enabled the manufacturers to customize the products accordingly to meet customer specifications.

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Disposable Face Masks Market Report Highlights

• By product, the protective mask segment is expected to expand at a significant pace from 2022 to 2030 owing to rapid industrialization and increasing initiatives to protect health on a global level
• The industrial application segment is expected to garner huge market owing to stringent regulations pertaining to worker’s safety particularly in healthcare industry
• In Asia Pacific, the market is backed by increased awareness regarding health and personal hygiene, along with rising spending on healthcare facilities which is likely to boost market 

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Disposable Face Masks Market Segmentation

Grand View Research has segmented the global disposable face masks market on the basis of product, application, distribution channel, and region:

Disposable Face Masks Product Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Protective
• Dust
• Non-woven

Disposable Face Masks Application Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Industrial
• Personal

Disposable Face Masks Distribution Channel Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Disposable Face Masks Regional Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Disposable Face Masks Market

• Honeywell
• 3M
• Moldex
• Kimberly-Clark
• Uvex
• KOWA
• SAS Safety Corp.
• Gerson
• DACH
• Te Yin

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.

Italy Foliar Fertilizer Market to Expand at a CAGR of 4.9% Through 2030: Grand View Research Inc.

 Italy Foliar Fertilizer Market Growth & Trends

The Italy foliar fertilizer market size is anticipated to reach USD 149.50 million by 2030, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing consumption of fertilizers for effective and increased agricultural productivity is anticipated to drive the market over the forecast period. Increasing demand for specialty crops that enhance lives by providing nutritional nourishment and decreasing carbon footprint is expected to boost the demand for foliar fertilizer in horticulture open-field application. In addition, turf & ornamental crop type is expected to increase over the forecast period.

The Italian ornamental plants sector has been playing a vital role in the agricultural sector, in terms of productivity. Furthermore, Italian ryegrass can produce leafy, palatable, high quality, forage, and its yield response to nitrogen. The Italian fertilizers market is fairly concentrated with a number of manufacturers focusing on regional markets. Haifa Negev technologies Ltd., EuroChem Group, and AkzoNobel are some of the largest players involved in the manufacturing of products. The majority of these companies have established exclusive agreements with distributors to cater to various end-users. The supply chain plays a significant role in the production and transportation of fertilizers.

The growth of the market is highly dependent on the adoption of efficient supply chains. Industry participants are facing various problems concerning production, logistics, and operations. Unfortunately, Italy was first the country, which faced the COVID-19 crises in the European region. The COVID-19 pandemic wreaked havoc in the fertilizer industry, which led to a slowdown in businesses, momentary pause of cross-border trade, and logistics delay, resulting in a huge impact on the overall operations of companies and farmers in the first few weeks of 2020 and even during the second wave of COVID-19. However, stockpiling of goods and a favorable initiative by the country’s government to incorporate fertilizer products in the essential category have helped maintain stability in the market.

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Italy Foliar Fertilizer Market Report Highlights

• Based on product type, the mix of nutrients segment accounted for the maximum revenue share in 2021 due to the increasing requirement for tailored foliar fertilizer products to provide complete nutrition to plants
• The other bio-stimulant product type segment is likely to grow at the fastest CAGR from 2022 to 2030. They are gaining attention owing to their ability to improve the metabolism of plants, resulting in improved crop yield
• The horticulture open-field segment accounted for the largest revenue share in 2020. The growth is attributed to the high export potential of vegetables and fruits, which has further contributed to a surge in the efficient production of the aforementioned crops and thus triggering the market growth
• Key manufacturers are adopting strategies including mergers, acquisitions, product portfolio, and geographical expansion to gain a higher market share
• For instance, in January 2021, ICL Group acquired Fertiláqua, a specialty plant nutrition company. This initiative taken by the former company was aimed at expanding its organic fertilizers sales by utilizing a strong market presence and distribution capabilities

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Italy Foliar Fertilizer Market Segmentation

Grand View Research has segmented the Italy foliar fertilizer market on the basis of product type and crop type:

Italy Foliar Fertilizer Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Algae-based
• Humic Acid-based
• Mix of Nutrients
• Other Bio-stimulant
• Single Nutrient Foliar Fertilizers

Italy Foliar Fertilizer Crop Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Horticulture Openfield
• Horticulture Greenhouse
• Field Crops
• Turf & Ornamental
• Others

List of Key Players of Italy Foliar Fertilizer Market

• ICL
• Timac Agro
• Akzo Nobel N.V.
• E D & F Man Holdings Limited
• PAVONI & C SPA
• Arpa Speciali S.r.l
• Sociedad Quimica Y Minera De Chile (SQM S.A.)
• Valagro
• Trade Corporation International
• Biolchim SPA
• EuroChem
• URALCHEM JSC
• K+S Aktiengesellschaft
• Haifa Negev technologies LTD
• COMPO EXPERT
• MUGAVERO
• Hydro Fert

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.

Yeast Extracts For Animal Feed Market Poised to Expand at a Robust Pace of USD 553.2 Million Over 2030: Grand View Research Inc.

 Yeast Extracts For Animal Feed Market Growth & Trends

The global yeast extracts for animal feed market size is expected to reach USD 553.2 million by 2030, registering a CAGR of 7.1% over the forecast period, over the new report by Grand View Research, Inc. The growth is majorly driven by the rising demand for animal feed ingredient that increases the palatability of feed. The yeast extract is used in the formulation of animal feed to help promote digestion, growth of fiber-digestion bacteria, stability and to optimize their performance & improve the retention of support minerals. Consumers are increasingly shifting toward adopting nutritious and bio-based feed owing to the rising awareness regarding maintaining animal health and enhancing their performance.

This shift in consumer preference is expected to have a positive impact on the yeast extracts market over the forecast period. Rising concerns among animal owners have been observed on account of various health issues due to excessive intake of antibiotics. Yeast extracts have shown promising results as an antibiotic alternative. These extracts have observed high penetration in the animal feed applications considering their proficiency to augment the performance of swine, poultry, aqua, and other feeds. However, limited awareness about them among the end-users is expected to restrict the growth of the market.

The COVID-19 pandemic disrupted the global supply chain and had an adverse effect on the manufacturing and production capacity of many industries. The production and consumption of yeast extracts are highly influenced by their demand from the end-use industry. Thus, any fluctuation in the demand from the feed industry is anticipated to directly impact the demand for yeast extracts. Furthermore, the demand for animal feed products has seen a sharp decline owing to the lockdown imposed in various countries including France, the U.K., Italy, Germany, and India.

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Yeast Extracts For Animal Feed Market Report Highlights

• The swine and aquacultureapplication segments are projected to register the fastest CAGRs of 8.1% and 8.0%, respectively, from 2022 to 2030 owing to the increasing consumption of swine meat, such as hams, and the growing demand for aquatic animals in the food sector, globally
• Asia Pacific is estimated to be the fastest-growing regional marketfrom 2022 to 2030 due to the increasing production and growing exports of feed products from key countries like Japan and China
• Yeast extracts are primarily used as a rich source of nitrogenous compounds in the form of specialty minerals supplements, amino acids, vitamins, and others
• The global market has been growing at a fast pace owing to the constantly increasing raw material availability, low toxicity, and its green image in the minds of end-use industries and consumers
• The yeast extract market is one of the dynamic industries that reflect changes based on consumer behavior, competitive landscape, competitor growth, new product development, and many such factors. The manufacturing companies are highly focused on innovation, thereby pushing the market growth further

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Yeast Extracts For Animal Feed Market Segmentation

Grand View Research has segmented the global yeast extracts for animal feed market report on the basis of basis of application and region:

Yeast Extracts For Animal Feed Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Poultry
• Swine
• Cattle
• Aquaculture
• Others

Yeast Extracts For Animal Feed Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Yeast Extracts For Animal Feed Market

• Lallemand Inc.
• Garzanti Specialties S.p.A
• AngelYeast Co., Ltd.
• Leiber
• Alltech
• Biorigin
• Ohly
• Phileo by Lesaffre

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.

Home Bedding Market Projected to Discern Stable Expansion by 2030

 Home Bedding Market Growth & Trends

The global home bedding market size is expected to reach USD 172.36 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.9% from 2022 to 2030. The market is driven by the rising use of adjustable beds, which has resulted in the lockdown induced by Covid-19 as a means of properly adjusting the work-from-home lifestyle. This tendency has boosted the market growth by increasing the prevalence of customizable mattresses and bed linens. Increased residential expansion across areas, indicating increased house construction and building permits, is expected to revamp market demand.

According to the Federal Statistical Office (Destatis), the construction of a total of 32,500 dwellings was permitted in Germany in November 2020. Compared with the corresponding period of 2019, this is an increase of 8.9% or 2,700 dwellings. However, the industry also faces significant instances of uncertainties projected by the International Sleep Products Association in 2018. For instance, the U.S. mattress industry has been affected by international trade. While imports of finished mattresses have continued to surge, their long-term significance is complicated by both higher tariffs on finished mattresses and many components, and a pending anti-dumping investigation on mattresses from China.

Consumer preference for working from their homes and beds has resulted in intermittent rise for luxury and high-quality bedding products. According to Jerry Epperson, a mattress industry veteran and managing director of investment banking and corporate advisory firm Mann, Armistead & Epperson based in Virginia, the bedding industry enjoyed a year-over-year sales increase of more than 30% in October 2020. Moreover, the industry is benefiting from innovations, such as high-tech adjustable bases, and interest in ancillary products sold, such as luxury pillows.

Higher traction towards designed bedrooms is linked to period dramas and active series on the OTT platforms wherein a large chunk of consumers is engaged as a cause of higher time spent indoors. This trend has influenced consumers to adopt layering as adding a mixture of different textures and tones into a bedroom by using cushions, bedsheets, and throws is a simple way to build a luxurious feel. This scenario is likely to offer growth opportunities for the market.

Bed linens held the largest revenue share of over 25.0% in 2021. This is primarily due to the increasing consumer preference for quality over brands. This has encouraged manufacturers to offer new and improved quality products with attractive designs. With the increasing preference for superior quality products, companies are focusing on introducing plant-based bed linen that claims to be softer than cotton and provides breathability and moisture control.

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Home Bedding Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR of 8.5% from 2022 to 2030. The regional demand for home bedding products is anticipated to grow due to the increase in the purchasing power of consumers, rising housing constructions, and growing consumer awareness regarding quality as well as sustainable bedding products
• The offline distribution channel segment dominated the market with a revenue share of over 65.0% in 2021
• By type, the bed linen segment held the largest revenue share of over 25.0% in 2021 owing to its higher penetration across households

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Home Bedding Market Segmentation

Grand View Research has segmented the global home bedding market based on type, distribution channel, and region:

Home Bedding Type Outlook (Revenue, USD Million, 2017 - 2030)

• Bed Linen
• Mattress
• Pillows
• Blankets
• Others

Home Bedding Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Home Bedding Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Home Bedding Market

• Acton & Acton Ltd.
• American Textile Company
• Tempur Sealy International, Inc.
• Bombay Dyeing
• Casper Sleep Inc.
• Beaumont & Brown
• Pacific Coast Feather Company
• Crane & Canopy Inc.
• Peacock Alley
• Purple Innovation, Inc.
• The White Company
• Portico New York

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.