Global Biologics Market Register Healthy CAGR of 3.9% from 2017 to 2025: Grand View Research Inc.

The global biologics market is anticipated to reach USD 399.5 billion by 2025, according to a new report by Grand View Research, Inc. Introduction of targeted therapies coupled with rising adoption of patient centric personalized medicine anticipated to fuel demand. Ever-increasing understanding of the cell physiology and stress, as well as the factors involved in protein production and heterologous gene expression have empowered the use of different living factories.

Multiple therapeutic regimens are being followed across the globe in attempts to come up with a reliable treatment for Covid-19. One line of treatment includes the use of hydroxychloroquine, while a second treatment line focuses to use antiviral drugs used in the disease management of HIV. Both these approaches have surged demand from advanced antivirals and antimalarial drugs. This impacts the drug manufacturers as an off label indication for these drug classes has to be worked upon. At the moment, the WHO has not prescribed any of these approaches, neither they have commented if one is better than the other. The report will account for Covid19 as a key market contributor.

These living factories are the prokaryotic and eukaryotic cells. Enhancement of drug functionality through achieving successful protein folding and post-translational modifications is supportive for projected progress rate.

Moreover, rising adoption of biopharmaceuticals over chemically synthesized molecules is expected to propel revenue generation significantly. In addition to this, presence of several metabolic disorders that can be treated through the use of biologics is attributive to influence demand.

Combination of advanced bioengineering technologies for biopharmaceutical production is expected to boost progress in pharmaceutical industry. With recent advances in automation, the selection process can be done through high throughput screening (HTS) system for selection of viable clones.

Aforementioned method enables robust production of biopharmaceutical products by obtaining high-producing cell line. Advances with respect to upstream and downstream processing would directly translate into the growth in revenue for this market at a larger level.

However, development of biosimilars is expected to restrain the biologics year on year growth to certain extent. Although, the regulatory approval pathway for these products is not framed yet some drug manufacturers are opting to invest in the development of biobetters.

Access Research Report of Biologics Market @ http://www.grandviewresearch.com/industry-analysis/biologics-market

Further key findings from the report suggest:

• Microbial expression systems dominated the market with respect to biopharmaceutical manufacturing
• Presence of substantial number of products manufactured through the use of microbial sources can be attributed for largest share
• Higher usage of monoclonal antibodies for the treatment of different diseases responsible for revenue generation
• Moreover, pipeline drugs in the phase of development anticipated to bolster growth
• Significant development pertaining to vaccines and increasing adoption anticipated to fuel progress
• Oncology dominated over a decade and is expected to sustain its share over the forecast period.
• Introduction of novel biologics with high efficacy coupled with the augmenting incidences of cancer is the vital impact rendering factor.
• Substantial sales of biologics in the U.S. can be attributed for the largest share of North American market.
• Established participants are implementing the manufacture of complex moieties in-house, which pronounces for the larger share of in-house manufacturing.
• Asia Pacific is projected to showcase fastest growth in the coming years.
• Increasing penetration of the biologics in the developing economies is expected to contribute in the projected growth.
• Moreover, the university based projects implemented herein are attributive for the projected growth.
• Key players contributing in this market are F Hoffman La Roche, Samsung Biologics, Celltrion, Pfizer Inc., Amgen, Novo Nordisk A/S, Sanofi, Abbvie Inc., Merck & Co. Inc, Addgene, Johnson & Johnson Services Inc., and Eli Lilly & Company.
• These participants are investing in the hybrid business models through providing technology and service platforms.
• Such milestones and royalties from partnered programs enables the cash flow generation which can be utilized in proprietary R&D.

Grand View Research has segmented the biologics market on the basis of source, product, manufacturing, disease category, and region:

Biologics Source Outlook (Revenue, USD Billion, 2014 - 2025)

• Microbial
• Mammalian
• Others

Biologics Product Outlook (Revenue, USD Billion, 2014 - 2025)

• Monoclonal Antibodies

Biologics Manufacturing Outlook (Revenue, USD Billion, 2014 - 2025)

• In-house
• Outsourced

Biologics Disease Category Outlook (Revenue, USD Billion, 2014 - 2025)

• Oncology
• Infectious Diseases
• Immunological Disorders
• Cardiovascular Disorders
• Hematological Disorders
• Others

Biologics Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)

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.

Medical specialty bags market is Anticipated to Register 4.8% CAGR through 2020| Top Industry Players Terumo Corporation

The medical specialty bags market is expected to reach USD 10.31 billion by 2020 with the advent of technology and increasing demand that emphasizes on customer value proposition of products and services.Growing percentage of aging population and prevailing diseases such as urinary incontinence is expected to be the key driving factor for marketgrowth over the next seven years. 

With the recent global pandemic of SARS COV2, citizens worldwide have been requested to remain within houses to prevent further spread of infection. As hospitals are overburdened with newer patients and the number of available patient beds decline, many non-critical patients are sent back home to recover. However, often such patients require immediate medical attention as symptoms worsen. Paramedics are therefore required to show up at patient houses and administer immediate treatment. As houses are remote settings with limited medical resources, paramedics carry specialty bags that enable them to tote essential medical supplies when needed. The demand for medical specialty bags is therefore expected to see an upsurge owing to the increased frequency of house visits by paramedics in covid-19 affected regions. We are working to account for this surge in our estimates. The updated report will account for Covid-19 as a key market contributor.

Government policies and initiatives intended to draw customer attention by improving cost effectiveness of product offering is expected to drive demand over the forecast period. Streamlined reimbursement policies to make the product more attractive is also expected to play a major role in the growth of medical speciality bag market over the forecast period. 

Rise in the disposable income and growing health awareness regarding various diseases coupled with increasing unmet medical needs and introduction of affordable medical specialty bags in emerging economies such as Brazil, China and India is anticipated to propel future growth of the industry. High excise tax rates on healthcare devices in theU.S and Canada is expected to serve as key challenge for medical specialty bags market over the next seven years. 

Based on the type of product, medical specialty bag market is broadly classified into urinary collection bags, anesthesia breathing bags, sterile packaging bags, blood bags, bile collection bags, cadaver bags, ostomy bags, enteral feeding bags, intravenous fluid bags and continuous ambulatory peritoneal dialysis bags. (CAPD). 

Access Research Report of Medical specialty bags market @ www.grandviewresearch.com/industry-analysis/medical-specialty-bags-market

Ostomy collection bags was the largest product segment in 2013 and is estimated to grow at a CAGR of 4.3% from 2014 to 2020 to reach USD 2.94 billion. Bile collection bags, on the other hand, are expected to grow at a fast pace with a CAGR of 6.5% from 2014 to 2020, on account of rising need for minimally invasive laparoscopic cholecystectomy procedures. 

Intravenous (IV) fluid bags market revenue is estimated to reach USD 2,469.9 million by 2020, growing at a CAGR of 5.2% from 2014 to 2020. Medical specialty bags comprise niche segments including home healthcare and SurgiCenters. Small non-hospital players such as SurgiCenters are expected to drive the market growth owing to increasing demand and customer awareness. These bags are used for surgeries in hospitals. 

North America accounted for the largest share of the market in 2013 owing to the existence of sophisticated healthcare infrastructure, better patient awareness levels and reimbursement framework.These elements are responsible for high rates of usage and procedure volumes in the region. 

Asia Pacific medical specialty bags markets expected to grow at the highest CAGR of over 6.0% from 2014 to 2020. Improved medical knowledge, in addition to improving healthcare infrastructure and disbursements are some of the factors expected to account for its rapid growth over the forecast period. 

Key participants of this market include Fresenius Medical Care AG & Co, Hollister Incorporated, Terumo Corporation, Baxter International Inc., B Braun Medical Convatec Inc. and Coloplast A/S.

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.

Outdoor Furniture Market Is Projected To Reach Approximately USD 25.0 Billion By 2025

The global outdoor furniture market size is expected to reach USD 25.0 billion by 2025, according to a new report by Grand view research, Inc., expanding at a CAGR of 5.9% over the forecast period. Surge in the number of hotels and resorts, increasing consumer spending power, and growing trend of traveling are some of the key factors responsible for the growth of the industry.

The commercial sector is anticipated to register a CAGR of 6.2% in the forecast period. Developing countries like Malaysia, Thailand, and Singapore have been the favourite destinations for traveling. Increase in the number of hotels and resorts in these countries has led to a surge in the product demand. In 2016, Thailand witnessed over 32.6 million international visitors.

On the basis of material type, wood dominated the market in 2018 with more than 60% share and is anticipated to witness significant growth in the forecast period. Easy availability, natural and rich look, durability, and comfort are some of the key factors driving the demand for wooden furniture among consumers.

Plastic accounted for more than 15.0% share of the overall revenue in 2018. The consumer groups with an economic budget prefer plastic furniture due to low maintenance, light weight, and low cost. However, manufacturers are shifting towards eco-friendly materials and thus, impacting the growth of the plastic segment as a material type.

Asia Pacific is a prominent regional market due to growing commercial sector and increasing adoption of western culture. The region is expected to expand at a CAGR of 6.3% in the forecast period. Europe is the fastest growing regional market, progressing at a CAGR of 8.4% in the forecast period.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/outdoor-furniture-market

Further key findings from the study suggest:

• In terms of revenue,wood as a material type is projected to expand at a CAGR of 6.0% over the forecast period
• Based on the end use, the residential segment dominates the market owing to growing population, increasing per capita income, and changing lifestyle
• The commercial segment is the fastest growing segment, expanding at a CAGR of 6.2% in the forecast period. Growing tourism has led to an increase in the number of hotels and resorts, thus positively influencing the segment growth.

Grand View Research has segmented the global outdoor furniture market on the basis of material type, end use, and region:

Outdoor Furniture Material Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Wood
• Plastic
• Metal

Outdoor Furniture End-use Outlook (Revenue, USD Billion, 2015 - 2025)

• Commercial
• Residential

Outdoor Furniture Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• MEA
• CSA

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.

Dried Berries Market Competitive Insight and Key Drivers 2019 to 2025

The global dried berries market size is expected to reach USD 44.12 billion by 2025, according to a new report by Grand View Research, Inc. It is projected expand at a CAGR of 5.8% during the forecast period. Rising health concerns and inclination of people towards healthy food are the key factors driving the growth.

Dried berries are the desiccated form of the original fruit, which have been drained through natural or artificial sources to increase the shelf-life of the berries. Many of these dried berries like blueberries and grapes are considered to be superfoods as they are rich in antioxidants, vitamin C, vitamin K, iron, potassium, and soluble dietary fibers. Dried berries are often consumed as nutritional supplements and are also used in personal care products, to treat various hair and skin related problems including aging, acne, and hair thinning among others. For instance, acai berries are rich in zinc which helps strengthen hair and they also have anti-inflammatory properties that help treat acne infection.

Rise in preference for organic ingredients, such as strawberries, blackberries, and blueberries in personal care products appears to have set new standards in the cosmetic industry thereby fueling the demand for dried berries. For instance, The Face Shop uses blueberry extracts to manufacture a variety of skincare products focusing on anti-aging properties of the dried fruit.

A key trend that has imparted a robust momentum to dried berries market is the growing appeal of natural and non-toxic claims made by increasing production of baby food and frozen desserts by the manufacturers like Amul, Mother Dairy, PediaSure, Naturals, and Nestle in various developing countries. For instance, Nestle manufactures Cerelac, a baby food product available in multiple flavors. Gerber Organic Puree baby food, is another Nestle product made using blueberry as its main ingredient.

Inflating demand for dried berries, especially for raisins and blueberries from Europe, can be attributed to increasing use in baked food, confectionery, and cereal and health bars categories. Over the past few years, growing acceptance of organic food products, especially among aging population, coupled with changing lifestyle of consumers due to increasing awareness about health needs has led to a substantial growth of the market. Bakery and confectionery segment is anticipated to expand at a CAGR of 5.5% over the forecast period. Cereals and snack bars segment, on the other hand, is projected to register the fastest CAGR of 6.5% during the forecast period.

Asia Pacific is anticipated to offer abundant growth prospects in near future thus, is expected to be the fastest growing region in dried berries market. Countries such as India and China use dried grapes or raisins and gooseberries for ceremonial purposes whereas South Korea and Japan are known to use such products aesthetically; hence the region is expected to represent nearly 20.20% of the global market share by 2025.

Dole; Lion Raisins Inc.; Bergin Fruit and Nut Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC; Royal Nut Company; CAL-SAN Enterprises Ltd.; and Karen's Naturals are a few to name in this market. Diet snack is a rapidly growing segment of the food industry. Nowadays, consistent growth requires a complete understanding of the constantly evolving consumption trends.

Snack foods such as cookies, chocolates, savory snacks, and biscuits are popular among consumers of all age groups. Companies such as Haldiram’s, PepsiCo, Lays, and Cadbury have a large market penetration compared to others in snack food industry. For instance Quaker uses oats along with dried berries, nuts, and dark chocolate to process diet bars for health conscious consumers. Apart from this, Haldiram’s uses raisins to prepare Khatta-Meetha namkeen which is a popular savory snack in India.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/dried-berries-market

Further key findings from the report suggest:

• In terms of region, North America is projected to generate USD 13.92 billion in terms of revenue by 2025
• The other product type held 13.28% of the total market share in 2018 and is projected to exhibit a slight increase over the next few years
• Asia Pacific is anticipated to witness the fastest CAGR of 6.7% during the forecast period
• Countries like U.S., U.K., and Germany have showcased increasing usage of dried berries for manufacturing different food products, owing to rising awareness regarding the health benefits of dried berries
• The dried berries market is highly competitive in nature with the main players including Dole; Lion Raisins Inc.; Bergin Fruit and Nut Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC; Royal Nut Company; CAL-SAN Enterprises Ltd.; Karen's Naturals; Kiantama Oy; Meduri Farms; True Blue Farms; Helsu International BV; and Oregon Berry Packing, Inc.

Grand View Research has segmented the global dried berries market on the basis of product type, application, and region:

Dried Berries Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Blueberries
• Strawberries
• Grapes
• Others

Dried Berries Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Frozen desserts
• Cereals & snack bars
• Bakery & confectionery
• Others

Dried Berries Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

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.

Lager Market Outlook & Future Forecast Report Till 2025

The global lager market size is expected to reach USD 492.69 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Consumption of premium beer in developed economies including Germany, U.K., and France is projected to exhibit significant growth owing to rising importance of bar culture on a domestic level. Moreover, consumers are changing their consumption habits and looking for innovative products with enhanced nutritional properties, which is expected to prompt the utility of lager.

Asia Pacific is anticipated to witness substantial growth on account of improving standard of living and increasing number of alcohol consumers, especially in India and China. According to a report of World Health Organization (WHO), over the decade ending 2016, the annual alcohol consumption in India reached 5.7 liters per person, which is almost double as compared to the consumption in 2006. Furthermore, alcohol consumption in China stood up to 7 liters per person in 2016. These factors are expected to open up new avenues over the next few years.

Major manufacturers are launching new products to cater to the increasing consumption in the market. For instance, in October 2018, Anheuser-Busch Companies, LLC launched an Italian craft lager in U.K. The product is sold at premium pubs, nightclubs, bars, and restaurants. In addition, in March 2016, Steinlager Tokyo Dry, a dry premium lager, was launched in New Zealand. The product has a combination of Japanese brewing mastery with quality raw ingredients of New Zealand. This premium beer immediately took the market by storm owing to its high quality and taste. These new product launches are expected to expand the scope of the lager in the foreseeable future.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/lager-market

Further key findings from the study suggest:

• In terms of revenue, the premium product segment is likely to expand at a CAGR of 4.5% from 2019 to 2025. Standard product dominated the global market, accounting for a revenue share of over 55.0% in 2018
• Europe dominated the global lager market in 2018 and constituted 41.3% share of the total revenue. Rising importance of craft beer in developed economies including Germany, France, Italy, and Russia is projected to have a positive impact on the market growth over the next few years
• Key players operating in the market include Heineken N.V., Carlsberg Group, Anheuser-Busch Companies, LLC, China Resources Snow Breweries Limited, Diageo, Molson Coors Brewing Company, Tsingtao Brewery Company Limited, ASAHI BREWERIES, LTD., Castel Group, and Kirin Brewery Company
• Product innovation is expected to remain a critical success factor among industry participants over the next few years.

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

Lager Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Standard
• Premium

Lager Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• On-trade
• Off-trade

Lager Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

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.

Dairy-Free Ice Cream Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

The global dairy-free ice cream market size is expected to reach USD 1.2 billion by 2025, expanding at a CAGR of 14.8% in the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness about health issues due to lactose present in the milk is propelling the demand for vegan ice cream.

Coconut is a major source for the production of vegan ice cream and it accounted for 37.4% share of the overall revenue in 2018. Easy availability and increasing consumer demand are expected to fuel the demand for coconut milk in vegan ice cream market in the forecast period. Almond milk is the fastest growing segment among all the sources, expanding at a CAGR of 15.8% in the forecast period. Nutritional benefits of almond milk are the key factor responsible for the segment growth in vegan ice cream market.

Non-dairy ice cream is found in various flavors in the market. Chocolate is the most preferred flavor among consumers and it accounted for 36% share of the overall revenue in 2018. Rising demand for chocolate chips among consumers is the key factor for the segment growth in non-dairy ice cream market.

Furthermore, flavor preferences differ from country to country. For instance, lemon is the most favorite flavor among consumers in Europe. Vanilla is the second most preferred flavor in the global non-dairy ice cream market and it is expected to expand at a CAGR of 14.4% in the forecast period.

Supermarket/hypermarket is the most preferred channel among all, expanding at a CAGR of 15.1% in the forecast period. The online segment is anticipated to expand at a CAGR of 16.7% in the forecast period. Shifting consumer preferences towards online shopping have propelled the demand for online stores in the dairy-free ice cream market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/dairy-free-ice-cream-market

Further key findings from the study suggest:

• In terms of revenue, supermarket/hypermarket distribution channel is projected to expand at a CAGR of 15.1% over the forecast period
• Coconut is the most preferred source in the market due to its compatibility, easy availability, and increasing consumer demand
• Almond milk is the fastest growing source for the production due to increasing awareness about health and nutritional benefits of almond.

Grand View Research has segmented the global Dairy-Free ice cream market on the basis of source, flavor, distribution channel, and region:

Dairy-Free Ice Cream Source Outlook (Revenue, USD Million, 2015 - 2025)

• Coconut
• Almond
• Soy

Dairy-Free Ice Cream Flavor Outlook (Revenue, USD Million, 2015 - 2025)

• Chocolate
• Vanilla
• Strawberry

Dairy-Free Ice Cream Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Supermarket/Hypermarket
• Convenience Stores
• Online

Dairy-Free Ice Cream Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Rest of the World
  • Brazil
  • Argentina

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.

Organic Tobacco Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

The global organic tobacco market size is expected to reach USD 233.5 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.4% during the forecast period. The emergence of organic tobacco as key alternative to the conventional cigar and cigarettes owing to its low nicotine and sugar content is projected to remain a favorable growth driver. Over the past few years, anti-tobacco activists have been claiming that moderate consumption of organic cigarettes will help quit smoking.

Asia Pacific is expected to remain the fastest growing segment, witnessing a CAGR of more than 8% from 2019 to 2025, attributed to the shifting inclination of consumers towards roll-your-own cigarette product forms in prominent markets such as South Korea, Japan, Vietnam, and Malaysia. Furthermore, increasing disposable income and changing lifestyle among working class population in countries including China, India, Bangladesh, and Thailand is expected to expand the market size in the near future.

Smokeless segment is expected to foresee a CAGR of 9.8% from 2019 to 2025. Organic tobacco also finds application as an herbal alternative for curing various health problems including obesity and heal wounds. Rising concerns over adverse effects associated with synthetic pharma drugs in global healthcare sector is projected to promote the research spending towards the development of organic tobacco as medicinal alternative.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/organic-tobacco-market

Further key findings from the report suggest:

• Flue-cured is projected to exceed USD 100 million by 2025, on account of the product being enriched with high sugar content and low nicotine levels
• The market revenue from smoking segment was valued at USD 122.6 million in 2018. Rising awareness among heavy smokers to quit smoking, is expected to expand the scope of organic tobacco over the next eight years
• North America and Europe led the market, generating a total revenue of exceeding USD 80 million in 2018. High concentration of smokers in developed markets including U.S., Germany, and France is projected to remain the favorable factor in near future
• Major manufacturers operating in the organic tobacco market include Santa Fe Natural Tobacco Company; Japan Tobacco Inc.; Hi Brasil Tobacco; Quinnington Organic Tobacco Company Pty; Bigarette & Co.; Vape Organics; and Mother Earth Tobacco

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

Organic Tobacco Product Outlook (Revenue, USD Million, 2015 - 2025)

• Flue-cured
• Sun Cured
• Fired Cured

Organic Tobacco Application Outlook (Revenue, USD Million, 2015 - 2025)

• Smoking
• Smokeless

Organic Tobacco Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

Sports Protective Equipment Market is Growing at Significant Rate by 2025

The global sports protective equipment market size is expected to reach USD 12.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% over the forecast period. The market is expected to witness significant growth owing to growing popularity of sports activities in schools and colleges.

Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period. Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years. In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.

For instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football. In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.

In 2018, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period. The growth is attributed to increasing awareness regarding head injuries. For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players. Leg protection gears are expected to register the highest CAGR of 5.6% from 2019 to 2025. The segment growth is attributed to increase in the number of participants in individual sports, such as mixed martial arts, cycling, boxing, and skating.

North America was the largest regional market in 2018. U.S. was the major revenue contributor in North America. Increasing popularity of football, field hockey, and ice hockey is anticipated to drive the regional market over the forecast period. Asia Pacific is expected to expand at the fastest CAGR of 6.7% over the forecast period. Increasing number of sports equipment outlets in India and China and rising wealth and health awareness in the region is expected to have a positive impact on the market growth.

Access Research Report of Sports Protective Equipment Market @ https://www.grandviewresearch.com/industry-analysis/sports-protective-equipment-market

Further key findings from the study suggest:

• By product, leg protection gear is projected to expand at the fastest CAGR of 5.6% over the forecast period. Head and headgear was valued at USD 2.8 billion in 2018 and is projected to witness significant growth in the next few years
• The offline distribution channel segment dominated the global market in 2018 with 92.0% share of the overall revenue
• North America dominated the global market in 2018 and accounted for 40.0% share in terms of revenue. This trend is projected to continue over the next few years
• Growing popularity of field sports at the national and international levels is expected to drive the market over the forecast period
• The industry is highly competitive due to presence of main players including Nike, Inc.; Adidas Group; MIZUNO Corporation; Shock Doctor, Inc.; BRG Sports; Amer Sports; Xenith, LLC; WARRIOR SPORTS; FRANKLIN SPORTS INC.; and Alpinestars S.p.A.
• Various manufacturers are concentrating on new product launches and product innovation in order to expand their consumer base.

Grand View Research has segmented the global sports protective equipment market on the basis of product, distribution channel, and region:

Sports Protective Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)

• Head & Headgear
• Eyewear
• Chest Protection
• Hand Protection
• Leg Protection
• Others

Sports Protective Equipment Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Sports Protective Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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.

Smart Refrigerators Market Projected To Be Worth USD 624.7 Million By 2025

The global smart refrigerators market size is expected to reach USD 624.7 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 13.7% during the forecast period. Rapid advancements in IT infrastructure and wireless communication is anticipated to favor the growth. Multiple benefits such as energy efficiency, optimized cooling operations, facilities of digital display of the product expiry, alerts for timely usage of foods are spurring the acceptance of smart refrigerators across the residential and commercial sectors.

French door category is expected to register the fastest CAGR of 14.0% from 2018 to 2025, thereby accounting for a revenue share of 20.2% by 2025. This product generally has 3 or 4 doors to support the expanding number of nuclear families. Moreover, habit of stocking ample groceries due to busy lifestyles and growing trend of storing preserved food are expected to support the growth of this category in near future. French door smart refrigerators also have a wide application in the food service industry and food retailers wherein they need to maintain large stock of products to serve the customers.

In 2018, Electrolux and a Sweden based startup Karma had introduced smart refrigerators for grocery stores. The product is integrated with Karma’s application and will help reduce food wastage. It is designed to efficiently create storage and pickup points for all the unsold products. This facility will help the retailers keep a track of the expiry dates of left over items and sell them off on time.

In 2018, North America led the global smart refrigerators market with a share of 31.2%. Rising purchasing power, awareness about the advantages of the product, and rising standard of living have been driving growth of the regional market.

Asia Pacific is expected to expand at the fastest CAGR of 15% over the next few years. The growing urban population with high purchasing power is expected to favor strong regional demand for smart and connected refrigerators. Moreover, the noticeable rise in adoption of smart appliances is also expected to propel the regional market growth over the forecast period.

Some of the key players operating in the global market include Electrolux AB, Hisense Co. Ltd, LG Electronics, Midea Group, Samsung Electronics Co. Ltd, Siemens AG, GE Appliance, Haier Group Corporation, Whirlpool Corporation, and Panasonic Corporation.

Companies are continuously upgrading and introducing enhanced product features to cater to the changing requirements of the consumers with busy lifestyles. For instance, in 2018, Samsung introduced a new fridge integrated with a 21-inch touch display, cameras, and speakers, to allow the consumers to list down grocery items, read out schedules, view food expiry dates on digital screen, and watch video clips.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/smart-refrigerators-market

Further key findings from the report suggest:

• Double door segment was estimated to account for the highest revenue share of about 33.6% in 2018
• French door segment is expected to register the fastest CAGR of 14% during the forecast period
• Commercial end use is expected to have the fastest acceptance, thereby expanding at a CAGR of 14.1% over the next few years
• Offline distribution channel is expected to witness the fastest CAGR of 71.2% by 2025
• Asia Pacific smart refrigerators market is expected to register a CAGR of 15% by 2025, owing to developing economies, improved standards of living, and rising disposable income

Grand View Research has segmented the global smart refrigerators market on the basis of product, end user, distribution channel, and region:

Smart Refrigerators Door Type Outlook (Revenue, USD Million, 2015 - 2025)

• Single
• Double
• Side by Side
• French

Smart Refrigerators End User Outlook (Revenue, USD Million; 2015 - 2025)

• Residential
• Commercial

Smart Refrigerators Distribution Channel Outlook (Revenue, USD Million; 2015 - 2025)

• Offline
• Online

Smart Refrigerators Regional Outlook (Revenue, USD Million; 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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.

Baby Bottle Market to Incur High Value Growth at 4.7% CAGR from 2019 to 2025

The global baby bottle market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.7% over the forecast period. Hectic working hours and increasing number of working women are the key reasons behind the growth of the market. Furthermore, decrease in the infant mortality rate is a significant aspect driving the market. The World Health Organisation (WHO) suggests that breastfeeding is the only method to provide nutrition to the baby. However, due to reasons like lack of time for working women compel the manufacturers to produce nutritional content milk formula that can be used as a substitute for breastfeeding.

Demand for baby bottles is maximum in countries such as U.S., Germany, China, and Japan, wherein the markets are profitable. Demand for the product is high in the countries of Asia Pacific including China, Indonesia, Hong Kong, and Vietnam. These countries are expected to be the major contributors to the growth of the industry.

Plastic baby bottles are the largest product segment in the market and anticipated to expand at a CAGR of 5.6% from 2019 to 2025. Plastic bottles are the most preferred products among all as they are lightweight, easy to use, and possess high strength, which make them convenient to carry during traveling.

The offline segment dominated the market in 2018, accounting for 83.3% share in the global market. Baby feeding products are sold through various channels including supermarket and hypermarket, retail store, and pharmacy store in countires such as India, China, and U.S. The online segment is the fastest growing distribution channel as many manufacturers, especially from China, are selling their products through online channel. Fuethermore, many regional and domestic players have their own portals for selling these products through online channel. 

Asia Pacific is expected to be the fastest growing regional market throughout the forecast period. China accounted for the largest share of 30.3% of the overall revenue in 2018. Awareness of infant nutrition and health and increasing population of working women are the major factors responsible for the growth of the market in China. Some of the key players in the market are Mayborn Group Limited, BABISIL, Pigeon, Handi-Craft Company, and Munchkin.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/baby-bottle-market

Further key findings from the study suggest:

• Based on product, the plastic segment is anticipated to expand at a CAGR of 5.8% over the forecast period. Stainless steel was valued at USD 0.6 billion in 2018 and is projected to witness substantial growth in the next few years
• Asia Pacific dominated the global market in 2018 and constituted 32.4% share of the overall revenue. This trend is projected to resume over the next few years due to increasing number of working women
• The industry is highly competitive due to presence of the key players including Mayborn Group Limited, BABISIL, Pigeon, Handi-Craft Company, and Munchkin
• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global baby bottle market on the basis of product, distribution channel, and region:

Baby Bottle Product Outlook (Revenue, USD Million, 2015 - 2025)

• Plastic
• Stainless Steel
• Others

Baby Bottle Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Baby Bottle Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East and Africa

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.

Frozen Fruit Bars Market to Witness Steady Growth at 7.5% CAGR from 2019 to 2025

The global frozen fruit bar market size is expected to reach USD 18.43 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.5% during the forecast period. Rising demand for innovative flavors coupled with the tendency of impulse buying among consumers is expected to drive the growth.

Asia Pacific is expected to witness the fastest growth in near future, owing to supportive government policies and growing population. North America is estimated to hold the maximum market shares of approximately USD 4.42 million by 2025. As a result of growing demand for tropical fruits in U.S. and European countries, many large scale manufacturers are getting into the market, especially in developed regions like Europe and U.S., among others.

Frozen fruit bars are available in various flavors. The circus flavor is projected to hold the maximum market share of approximately USD 2.32 million by 2025. Availability of variety of flavors and rising consumption of frozen fruit bars as snack are some of the major market drivers.

Manufacturers are introducing innovative new products by including exotic organic flavors, functional ingredients, and herbal fillings, in product formulations to meet the consumer demand. For instance, companies are making other exotic flavors such as lemons, coconuts, and tropical fruits to bring variety. Companies are making low-fat and low-calorie bars to cater to high demand from health-conscious consumers, which is expected to further drive the product demand.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/frozen-fruit-bar-market

Further key findings from the report suggest:

• Asia Pacific is expected to expand at a CAGR of 11.5% over the forecast period, due to the growing demand for organic and health fruit products
• India held 36.26% of the overall Asia Pacific frozen fruit bars market in 2018 on account of high demand for different tropical fruits
• The low fat product segment is expected to witness the fastest growth owing to the growing demand for low calorie products
• Manufacturers are aiming to achieve optimum business growth by implementing strategies such as acquisitions, joint ventures, capacity expansions, new product developments, promotion of key product brands, and significant investments in R&D

Grand View Research has segmented the global frozen fruit bar market on the basis of product, flavors, and regions:

Frozen Fruit Bar Product Outlook (Revenue, USD Thousands, 2015 - 2025)

• Original
• Low Fat

Frozen Fruit Bar Flavors Outlook (Revenue, USD Thousands, 2015 - 2025)

• Citrus
• Pineapple
• Grape
• Apple
• Mango
• Coconut
• Others

Frozen Fruit Bar Regional Outlook (Revenue, USD Thousands, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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.

White Spirits Market is Set To Witness a CAGR of 4.0% from 2019 to 2025

The global white spirits market size is expected to reach USD 67.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.0% over the forecast period. Increasing cocktail consumption as well as improved standard of living in countries, such as China and India, are the key factors responsible for the growth of the market.

Growing population at a global level, coupled with rising per capita income, have induced consumers with aspirational drinking among the cosmopolitan consumers. Increasing acceptance of shim drinks focusing on lower-alcohol content is driven majorly by millennials on account of choosing premium products of spirits and cocktails. Premiumization is expected to be a prominent trend influencing the alcohol market, particularly in the market of Europe.

The market of Europe, particularly in U.K., witnessed growing demand for gin spirits, whereas surge in demand for vodka was observed in North America, particularly in U.S. Consumer preference for fruit flavored alcohol is witnessing a surge in the vodka spirit market. In June 2018, Pernod Ricard brand Absolut introduced flavored drinks from fruit juice and Licor 43 launched its new line extension made from coffee.

Key industry players are striving for product innovation and new product launches as consumers are focusing on the ingredients of alcoholic drinks. For instance, in March 2019, White Claw Hard Seltzer launched a limited-edition variant of alcoholic seltzer.

Asia Pacific held the largest market share and is expected to grow due to improving living standards and increasing per capita income, especially in China and India. Moreover, growing population in the region with more number of younger population will fuel the industry expansion over the coming years.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/white-spirits-market

Further key findings from the study suggest:

• In terms of revenue, the gin product segment is projected to exhibit a CAGR of 3.7% over the forecast period. Vodka dominated the global market with 60.4% share of the overall revenue in 2018
• Asia Pacific dominated the global market in 2018 and constituted 28.7% share of the overall revenue
• The market is anticipated to witness growth due to increasing consumption of vodka in countries such as U.S., India, and China
• On-trade distribution channel is expected to witness the highest growth over the forecast period due to higher penetration of clubs, bars, and brews
• The industry is highly competitive in nature and is marked by the presence of companies such as Diageo plc; Rémy Cointreau; Bacardi Limited; Pernod Ricard; Beam Suntory, Inc.; and The Brown–Forman
• Various manufacturers are concentrating on new product launches and inclusion of fruit flavor.

Grand View Research has segmented the global white spirits market on the basis of product, distribution channel, and region:

White Spirits Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Vodka
• Rum
• Gin
• Others

White Spirits Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• On-trade
• Off-trade

White Spirits Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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.

Online Clothing Rental Market is Anticipated To Exhibit Moderate Growth With The CAGR of 9.4% by 2025

The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4% during the forecasted period, according to a new report by Grand View Research, Inc. Changing fashion trends and rising penetration of internet are among the key factors driving the growth.

Women segment leads the market and is expected to expand at a CAGR of more than 9.8% over the forecast period. The trend of not using the same clothes for a long time and creating unique personal style or fashion statement are among the prominent factors driving the grow. Apart from women, the kids segment is also anticipated to witness significant growth in the upcoming years. Rising preference for renting children’s clothes, is expected to positively impact the overall growth.

Renting traditional clothes is found to be the fastest growing segment on the basis of dress code. Younger consumers prefer renting traditional clothes as these cloths are used only on rare occasions. Apart from traditional clothes, the formal segment is also witnessing a significant growth. It is hard to purchase and maintain a variety of formal clothes for the young as well as price-conscious consumers, thus, they prefer renting the clothes.

North America is the leading market for the industry and accounts for nearly 40% of the market share. Europe is the second largest market for online clothing rental. Europe is known for its fashion trends, hence, young consumers want to keep themselves updated with the latest fashion. Thus, they prefer renting instead of buying impacting the overall growth.

Asia Pacific is found to be the fastest growing region due to developing nations such as India and china which accounts for more than 34% of the global population. The increasing awareness about the service, and internet penetration are among the prominent factors for the growth of the industry in the region.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/online-clothing-rental-market

Further key finding from the report suggests:

• In terms of revenue, thewomen segment is projected to ascend at a CAGR of 9.8% over the forecast years
• Traditional renting is expected to expand at a CAGR of more than 11.2% during the forecast period
• North America leads with market share of more than 40% and is projected to expand at a significant CAGR in near future
• Some of the key players operating in the online clothing rental market are The Clothing Rental, Flyrobe.com, Rent the Runway, Secoo Holding Limited, Share Wardrobe, Le Tote, Swapdom, Gwynnie Bee, Dress Hire, and StyleLend.

Grand View Research has segmented the global online clothing rental market on the basis of end use, dress code, and region:

Online Clothing Rental End Use Outlook (Revenue, USD Billion, 2015 - 2025)

• Men
• Women
• Others

Online Clothing Rental Dress Code Outlook (Revenue, USD Billion, 2015 - 2025)

• Formal
• Casual
• Traditional

Online Clothing Rental Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• CSA
• MEA

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.

Port Wine Market Analysis By Leading Players, Opportunities, Current Trends & Predictions by 2025

The global port wine market size is estimated reach USD 825.68 million by 2025 expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increased consumption of alcohol, awareness about the health benefits of port wine, and rising disposable income are among the prominent factors propelling the product demand. Red wine is the most preferred by consumers. It accounts for more than 60% of the global market share.

Increasing awareness about the health benefits of red wine, such as reduced risk of heart disease, is the key factor responsible for the segment’s largest share in the market. The red wine is prepared from the grape skin and thus is rich in organic compounds and has tannins and resveratrol, which are good for health. Therefore, red wine is the dominant segment and will witness a significant growth over the years to come.

Among the different types of port wines, ruby wine is the most preferred due to its low price and easy availability. This type of wine is aged for 2 or less years thus, costs less. Tawny wine is witnessing the fastest growth as young consumers prefer quality over quantity with the factor of cost-effectiveness. The vintage wines are very rare and are aged for 10 to 40 years and are very costly.

The manufacturers conduct auctions for increasing sales and awareness about the vintage wines. The online distribution channel is expected to grow at the faster rate over the forecast period. Increasing usage of internet, hassle-free transactions, and faster delivery are the prominent factors responsible for the segment growth. Consumers in non-metro cities are also using the online platform, thus fuelling the growth of online distribution channel.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/port-wine-market

Further key finding from the report suggests:

• Red wine type led the global port wine market due to its health benefits and taste
• The maximum revenue was generated from Europe due to tradition as well as higher consumption. Moreover, most of the key product manufacturers are based in Europe
• Ruby port wine is likely to lead the market in the forecasted period due to its low price and easy availability
• However, the tawny segment will witness the fastest growth from 2019 to 2025 due to increasing income levels

Grand View Research has segmented the global port wine market on the basis of nature, type, distribution channel, and region:

Port Wine Nature Outlook (Revenue, USD Billion, 2015 - 2025)

• Red
• White

Port Wine Distribution Outlook (Revenue, USD Billion, 2015 - 2025)

• Online
• Store-based

Port Wine Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Ruby
• Tawny
• Vintage

Port Wine Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Rest of the world

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.

Organic Chips Market Predicted to Cross USD 80.6 Billion by 2025

The global organic chips market size is expected to reach USD 80.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% over the forecast period. Changing eating habits of the population is majorly driving the sales of organic chips owing to consumer’s shift towards eating between the meals in a day. Additionally, the trend of consumption of clean-label food products on a global level is expected to drive the market.

Increasing availability of advanced distributing channels and networks for organic chips including hyper/supermarkets is expected to fuel the demand. Manufacturers are focusing on targeting the demographic of urban consumers willing to switch from the conventional and other baked chips to healthier alternatives. They are majorly strategizing on involving more product variations in the portfolio to grab the attention of the consumers.

Growing health awareness and demand for chemical free food products are the major factors propelling the market growth. High investment in the research and development sector is expected to fuel the revenue of the major players in the market.

In 2018, North America held the largest share of 34.2% in terms of revenue. Growing popularity of organic chips and rising prevalence of obesity in the countries such as U.S. have propelled the market growth in the region. Another factor boosting the market growth in North America is the strong presence of the key players in the country such as Kettle Foods, Inc. (U.S.), Luke’s Organic, General Mills Inc., and The Hain Celestial Group, Inc. (U.S.). Asia Pacific is expected to witness the fastest growth in the market over the forecast period due to improving economic conditions and growing disposable income of consumers in the region.

The product segment of the market is categorized as vegetable, fruits, cereal, and grain. The vegetable product segment hold the largest share of the overall revenue, due to its easy availability and popularity. In addition, consumer preference for potato chips over any other fruit chips is another factor driving the segment.

Apart from vegetables, cereal and grain chips are expected to witness high growth due to awareness of the health benefits of cereals and grains. Increasing demand for spices in these organic products in Asia Pacific has provided opportunities to the players for their product portfolio expansion in order to maintain a strong foothold in the market.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/organic-chips-market

Further key findings from the study suggest:

• On the basis of product type, fruit organic chips are projected to expand at a CAGR of 4.6% in terms of revenue over the forecast period. The vegetable product segment dominated the global market with a share of 34.9% in 2018
• North America dominated the market in 2018, which constituted for 34.2% of the market. This trend is projected to resume over the next few years
• Countries such as Germany and France are expected to be the major markets, due to high disposable income of the consumers, followed by India, China, and Japan in Asia Pacific
• Various manufacturers are concentrating on product portfolio expansion to fulfill the consumer demand for a variety in the organic chips taste-wise and estimating existing and future demand patterns from upcoming application segments.

Grand View Research has segmented the global organic chips market on the basis of product type, distribution channel, and region:

Organic Chips Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Vegetable
• Fruits
• Cereal
• Grain

Organic Chips Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Retail and Supermarket
• Online Platform

Organic Chips Region Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East and Africa

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.