Savory Ingredients Market is Expected To Reach USD 12.75 Billion by 2024| Top Industry Players Sensient Technologies Corporation, Givaudan S.A.

San Francisco, 3 December 2018: The global savory ingredients market is expected to reach USD 12.75 billion by 2024, according to a new report by Grand View Research, Inc. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

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Further key findings from the report suggest:

·       The global savory ingredients market demand was 3,929.6 kilo tons in 2015 and is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024

·       Monosodium glutamate (MSG) was the leading product segment and accounted for over 80% of global demand in 2015. The use of Monosodium glutamate is extensively in the manufacture of processed food such as soups, meat, snacks, and other ready-to-go meals.

·       Hydrolyzed animal proteins (HAP) has gained wide acceptance in the animal feed and pet food industry

·       Food was the leading application segment and accounted for over 65% of total market volume in 2015. The segment is also expected to witness the highest growth of 5.4% over the forecast period on account of increasing savory ingredient demand in the convenience food and food service industry.

·       Major companies identified in the market include Ajinomoto Co., Inc., Angel Yeast Co., Ltd., Vedan International Holdings Ltd., DIANA Group, and Givaudan S.A. among others. Growing investment in new product development and R&D is expected to propel the market demand over the coming years.

·       Companies such as Sensient Technologies, Givaudan, DSM, Ajinomoto have invested in expanding production capabilities to cater to increasing market demand. HACCP, KOSHER, HALAL, ISO certifications help companies gain a competitive edge in the market.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

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

Global Savory Ingredients Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Yeast extracts

·         Hydrolyzed vegetable proteins (HVP)

·         Hydrolyzed animal proteins (HAP)

·         Monosodium glutamate (MSG)

·         Nucleotides

·         Others

Global Savory Ingredients Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Food

·         Pet food

·         Others

Global Savory Ingredients Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    Italy

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

o    South Africa

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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.

For More Information: www.grandviewresearch.com

Metallic Pigments Market Predicted to Cross $1.20 Billion by 2022|Key Industry Participants Asahi Kasei Corporation, Schlenk Metallic Pigments

San Francisco, 3 December 2018: According to a report by Grand View Research, Inc., global metallic pigments market is anticipated to value USD 1.20 billion by 2022. Growing requirement for high-performance pigments with eco-friendly properties is anticipated to propel demand for metallic pigments over the forecasts period (from 2015 to 2022). Increasing use of metallic pigments in printing inks to offer long-lasting, fashionable, and durable special effects for flexible packaging and other applications  can fuel market growth. Continuous efforts from manufacturing companies to develop innovative products through R&D activities can augment the market growth.

On the other hand, stringent government regulations towards environment safety and growing concerns regarding pigment migration in packaging inks can hamper market growth. However, increasing use of these pigments in personal care products and cosmetics to manufacture dermatologically safe make-up and skin care products is anticipated to augment market expansion during the forecast period. To cater to rising demand for metallic pigments, most companies are investing in R&D activities to develop advanced products. For instance, Schlenk introduced Decomet, a new development in Vacuum Metallized Pigments (VMP) coatings. New production process is expected to include tight particle size control that can lead to narrow particle size distribution.

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It can be used in coatings for reflectors, decorative paints, plastic coating, glass coatings, and second surface. The product offers bright metallic effect, high gloss, and reduced risk of blocking the spraying gun. The metallic pigments market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into copper, aluminum, zinc, stainless steel, and others. In 2014, aluminum segment led the market and accounted for 40% of the total share. It is available in various grades including non-leafing, leafing, and vacuum metalized.

The segment is estimated to register a CAGR of 5.5 % from 2015 to 2022 as a result of increasing use of product in automotive paints and coatings due to their durability and high metallic luster. The copper and zinc segments are also expected to witness high demand owing to growing consumer preference for unique gold-bronze color effects in cosmetics. Copper segment is likely to emerge as the fastest-growing product at a CAGR of 5.7% during the forecast period. Based on application, the market can be classified into plastics, printing inks, paints and coatings, cosmetics, and others. In 2014, paints and coatings segment led the market and accounted for 45% of the overall revenue share.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Increasing number of construction activities in emerging economies to support burgeoning population can fuel growth of segment. In addition, stringent regulations regarding lowering VOC content in paints can augment segment growth. Cosmetics segment is likely to grow at a faster pace over the forecast years. In addition, growing preference for unique color effects and finishes in cosmetic products can spur the segment growth. It is predicted to expand at a CAGR of 6.9% and account for 10% of the total volume share by 2022. Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2014, Asia Pacific led the market and accounted for 35 % of its share.

Extensive product usage in end-use sectors including plastics, automotive, and packaging, in Europe can boost regional market development in the years to come. Rising urbanization and changing fashion trends are likely to contribute toward increasing the product demand in MEA and Central & South America. Moreover, rapid industrialization and growing consumer awareness regarding sustainability and low toxicity of these coloring agents in countries including South Africa, UAE, Brazil, Argentina, and Saudi Arabia can stimulate market growth. Some of the leading companies in the metallic pigments market are Asahi Kasei Corporation, BASF SE, Eckhart Pigments, Schlenk Metallic Pigments, and Sun Chemical Performance Pigments.

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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.

For More Information: www.grandviewresearch.com

Medical Waste Management Market Top Players, Segments, Cost Structure, Demand by 2025| Top Industry Players Republic Services, Inc.

San Francisco, 3 December 2018: According to a report by Grand View Research, Inc., global medical waste management market is anticipated to value USD 33.4 billion by 2025. Growing requirement for disposal of infectious material getting generated from hospitals and diagnostic centers can augment medical waste management.

Growing cases of chronic disorders and diseases such as cancer are anticipated to propel growth of market. Increasing number of geriatric population and road accidents are likely to surge demand for advanced medical solutions. Commercial availability of advanced medical solutions is expected to generate large amount of medical waste and byproducts. This, in turn, can stimulate market growth in next few years. Efficient supply of inventories required in day-to-day functioning of clinics, hospitals, and diagnostic centers is expected to generate huge waste. These byproducts and residues are likely to require proper system or service for collection, recycling, and disposal of specific materials or byproducts, if required. Favorable initiatives from governments across various nations to support and raise funds in effective waste management can drive market growth. These programs are expected to be conducted for creating awareness regarding importance of systems for appropriate disposal of waste. Growth of healthcare and medical sector globally owing to continuous R&D resulting in advanced surgical, diagnostic, and treatment solutions can fuel market growth. In addition, proper guidelines and set standards for same are likely to fuel growth of market during the forecast period (2014 to 2025).      

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The medical waste management market can be segregated on the basis of services, treatment, and region. Based on services, the market can be categorized into onsite and offsite. In 2016, onsite segment dominated the market and accounted for largest market share. It is predicted to grow at similar pace over the forecast period owing to increasing adoption of onsite disposal and treatment. Most companies are likely to setup their own onsite treatment, disposal systems, and recycling units. This, in turn can augment growth of market during the forecast period. This segment is likely to include treatment, recycling, collection, and others sub segments. In 2015, treatment and disposable of waste segment accounted for largest market share. However, recycling segment is estimated to grow well over the forecast period attributed to development of ecofriendly techniques.

Drastic shift in the market from large players to small scale local players is predicted to restrict growth of market. Developing countries are likely to invest huge capital for adoption of advanced technologies to curb pollution and other hazardous effects on ecosystem during disposal and treatment. However, these countries are expected to lack clear & stringent regulations for management of medical waste, thereby hindering market growth.  

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Based on treatment, the market can be classified into autoclaving, chemical treatment, incineration, and others. Incineration segment is expected to hold largest market share as it is easy and old method of disposal. However, incineration can lead to emission of harmful gases and compounds that can result in water, air, and land pollution. Hence, treatments including chemical processing and other nonincineration methods can replace incineration in near future.

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA). In 2016, North America dominated the market and accounted for 32% market share. Continual development of healthcare infrastructure can fuel growth of market in the region. In addition, growing prevalence of infectious and chronic diseases that require medical & surgical aids generating large number of byproducts and residues can fuel market growth.

In Asia Pacific, the market is expected to witness highest growth over the forecast period attributed to rising social awareness and strict regulations for propel disposal of residues and byproducts. In addition, rising adoption of recycling processes and ecofriendly disposal can augment market growth in the region. 

Some of the leading companies offering medical waste management are Sharp Compliance, Inc.; Republic Services, Inc.; Stericycle, Inc.; Suez Environnement; and Veolia.  Most companies are likely to hold strong position in market owing to brand equity and their commercial availability across the globe. In addition, these companies can also adopt various business strategies to remain competent in the market.

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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.

For More Information: www.grandviewresearch.com

Robotic Prosthetics Market is Expected To Reach USD 1.76 Billion by 2025| Key Industry Participants SynTouch, Inc.; Shadow Robot Company

San Francisco, 3 December 2018: The global robotic prosthetics market is expected to reach USD 1.76 billion by 2025, according to a new report by Grand View Research, Inc. Increase in amputee population due to various factors, such as accidents, frostbite, diabetes, and vascular disease, is one of the crucial factors expected to drive the market in the coming years. According to the data published by Amputee Coalition, there are approximately 2.1 million amputees living in the U.S. According to the Statistics Brain Research Institute, 82% of the amputations are performed due to vascular disease, 22% of cases are due to trauma and 4% cases are due to congenital disabilities. Rise in prevalence of diabetes and vascular diseases, is anticipated to increase the demand for prosthetics over the forecast period.

Increasing number of technologically advanced products, such as SYMBIONIC LEG 3, RHEO KNEE, PROPRIO FOOT, and POWER KNEE, is anticipated to raise product awareness in developed regions, such as North America and Europe, thus increasing the demand for such devices. In 2015, Ossur developed a mind-controlled prosthetic leg; which is undergoing clinical trials for its assessment. Growing R&D activities and increasing investment by private and public players to technologically upgrade prosthetic products are among the few factors expected to propel the market.

Various initiatives undertaken by the government and nonprofit organizations, such as CDC, Douglas Bader Foundation, Limbless Association, Amputee Coalition, to provide assistance to amputees are increasing the interest of private players to invest in this market. April is considered Limb Loss Awareness Month. It helps create awareness about the limb loss community and helps people affected by limb loss achieve their full potential.

Access Research Report of Robotic Prosthetics Market @ www.grandviewresearch.com/industry-analysis/robotic-prosthetics-market

Further Key Findings From the Report Suggest:

·       The robotic prosthetics market size was estimated at USD 790.8 million in 2016 and is expected to grow at a CAGR of 9.2% from 2017 to 2025

·       Microprocessor Controlled (MPC) prosthetics segment held majority of the revenue share in 2016 and is estimated to generate revenue over USD 983.0 million by 2025

·       The lower body prosthetics is expected to grow at a lucrative growth rate of 9.5% over the forecast period

·       North America emerged as the largest regional market with a share of 44.2% in 2016

·       Some of the key players in this market are Touch Bionics, Inc.; HDT Global; SynTouch, Inc.; Shadow Robot Company; Ottobock; Össur Americas; and Endolite. Forming collaborations and partnerships for developing novel technologies is one of the foremost strategies employed by major players

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented robotic prosthetics on the basis of technology, extremity, and region:

Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         MPC prosthetics

·         Myoelectric prosthetics

Extremity Outlook (Revenue, USD Million, 2014 - 2025)

·         Lower body prosthetics

·         Upper body prosthetics

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

Access Press Release of Robotic Prosthetics Market@ www.grandviewresearch.com/press-release/global-robotic-prosthetics-market

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.

For More Information: www.grandviewresearch.com

Vacuum Grease Market is Expected To Reach USD 155.9 Million by 2025| Key Industry Participants Castrol Limited, The Chemours Company

San Francisco, 3 December 2018: The global vacuum grease market is expected to reach USD 155.9 million by 2025, growing at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing use of high precision machines operating under vacuum environments is leading the demand for vacuum grease to provide lubrication in high temperature and pressure environments. Also, its demand is rising owing to its wide acceptance as a safe sealant among industries such as food processing, automotive and aerospace.

Vacuum grease, available in various variants depending on the base oil used, such as silicone based, hydrocarbon based, and fluorocarbon, is largely used as a sealant of O-rings, bearings, valves in vacuum environments. Europe and North America, were estimated as the dominant regions comprising a maximum share of the market in 2016. The growth in these regions are led by Germany and U.S. respectively. Germany, one of the largest exporter of food processing equipment, was estimated to be the largest consumer.

In terms of revenue, the global vacuum grease market in 2016 was driven by its applications in laboratory, food processing, automotive, and aerospace industries. In 2016, Europe and North America, emerged as the largest regional segments owing to the rapid investment and focus on research activities in academic, health care, and industrial sectors.

The demand is expected to witness significant growth in Asia Pacific region owing to the demand from end use industries such as manufacturing and aviation. Also in 2016, fluorocarbon based type was estimated to comprise the largest market share in terms of revenue. Food processing industry in Asia Pacific region is growing at a rapid pace, providing lucrative opportunities for the new entrants in this region. However, the presence of large number of unorganized manufacturers is expected to slow down the anticipated expansion of the key manufacturers to certain extent.

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Further key findings from the report suggest:

·       Fluorocarbon based grease was estimated to possess maximum market share in terms of value in 2016 attributed by its ability to attain high profit margin for the manufacturers catering to the aerospace industry.

·       Automotive & aerospace industry emerged as the largest application segment in terms of revenue in 2016 and is estimated to reach USD 46.44 million by 2025. Increase in the investment and production capacities of automotive industries in Asia Pacific and Europe regions is expected to boost the growth over the years ahead.

·       The U.S. market in terms of revenue was valued USD 24.95 million in 2016 and is estimated to reach USD 40.95 million by 2025. The market in Asia Pacific is projected to witness substantial growth in aerospace, manufacturing and food processing industries in China and India. Also, Asia Pacific regions is expected witness fastest growth over the forecast period.

·       Key players including Dow Corning Corporation, M&I Materials Ltd., Castrol Limited, The Chemours Company dominated the global market with significant market presence.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the global vacuum grease market on the basis of type, application, and region:

Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Silicone vacuum grease

·         Fluorocarbon vacuum grease

·         Hydrocarbon vacuum grease

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         Food processing

·         Laboratory equipment

·         Automotive & Aerospace

·         Pharmaceutical

·         Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         Middle East & Africa

o    UAE

Access Press Release of Vacuum Grease Market@ www.grandviewresearch.com/press-release/global-vacuum-grease-market

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.

For More Information: www.grandviewresearch.com