Tuesday, 29 September 2020

Ceramic Tiles Market Share & Growth Rate by 2027

 The global ceramic tiles market size is expected to reach USD 582.7 billion by 2027, expanding at a revenue-based CAGR of 6.7%, according to a new report by Grand View Research Inc. Increasing demand for aesthetics improvement in the flooring and walling is anticipated to support market growth over the forecast period.

Ceramic Tiles Market

High production capacity coupled with a wide distribution network of prominent players are likely to fulfill the demand in the construction applications across the globe. As a result, increasing new constructions for residential and non-residential buildings in major economies due to industrial development coupled with rapid urbanization are likely to create a scope for market growth.

Durability and enhanced lifespan offered by these tiles are likely to increase its utility in the high traffic commercial construction applications. Technological advancements in the manufacturing process have introduced customization options in color, size, texture, and dimensions, thus are likely to gain high traction in residential and non-residential building renovation projects.

Key players in the market such as Tarkett, Mohawk, RAK Ceramics, Johnson Tiles are engaged in the development of ceramic tiles with superior durability and customization options. In addition, compliance with the green building codes by major economies is expected to have a positive impact on product demand as these tiles are environment-friendly and can be recycled.

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

Further key findings from the report suggest:

  • The demand for porcelain tiles is expected to witness a revenue-based CAGR of 7.3% over the estimated time owing to its wide applications in residential flooring applications and benefits including durability and enhanced aesthetics
  • In Europe, the revenue for the glazed ceramic segment in 2019 stood at USD 20.3 billion and is projected to witness a revenue-based CAGR of 4.7% over the forecast period on account of the increasing popularity of eco-friendly building materials with high aesthetic value
  • In 2019, non-residential flooring applications dominated the market with a share of 58.6% on account of high penetration of the product in office construction driven by superior aesthetics and durability offered by the product
  • The ceramic tiles market in Asia Pacific is expected to witness a CAGR of 8.2% by revenue from 2020 to 2027 on account of the wide acceptance of the product in flooring applications
  • In November 2018, Johnson Tiles extended its product portfolio with the introduction of Savoy Floor, a range of glazed porcelain floor tiles with a rustic concrete effect and geometric patterns which served as a strategy aimed at portfolio expansion.

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

Ceramic Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Glazed ceramic
  • Porcelain tiles
  • Scratch free ceramic tiles
  • Others

Ceramic Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Wall
  • Floor
  • Others

Ceramic Tiles End-use Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

  • Residential
  • Non-residential

Ceramic Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2016 - 2027)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Gas Sensor Plant Biotechnology Equipment Carry Cases 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 Gas Sensor Plant Biotechnology Equipment Carry Cases Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Monday, 28 September 2020

Pet Food Packaging Market to Exhibit Impressive Growth During 2019 – 2025: Grand View Research Inc.

 The global pet food packaging market size is projected to reach USD 16.50 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Pet food packaging is becoming increasingly popular among pet food manufacturing companies focusing on capturing brand loyalty.

The industry has evolved over the years with both international and domestic packaging suppliers looking to offer scientifically advanced and developed materials/ products to their clients. The upshot of offering packaging solutions, however, remains to protect the aroma, freshness, flavor, and shape of packaged products.

Pet Food Packaging Market

The industry is likely to witness high penetration in the cat food packaging space. The number of cat owners across the globe has considerably risen over the years. This, in turn, has been fueling the demand for effective packaging products, most notably in the wet cat food segment. Despite the dominance of the dog food packaging segment in the overall market, the cat (animal type) segment is expected to witness high growth in North America and Europe over the forecast period.

Rising popularity of super-premium packaging and increasing export of pet food products are some of the key driving factors in the industry. The demand for super-premium packaging is attributable to the focus of pet food brands on product differentiation. Super-premium food is being increasingly preferred by consumers across the globe owing to rising awareness regarding the health of pets.

Bags & pouches is likely to exhibit robust growth over the forecast period. These products are being increasingly preferred for their ease of use and functionality. From a manufacturing and marketing standpoint, these products, specifically stand-up pouches, enhance the appeal of products at retail shelves in comparison with their metal-based counterparts. The production of bags & pouches also helps manufacturers achieve economies of scale.

North America dominated the industry in 2018 with a share of over 37%. This region is forecast to retain its pole position throughout the forecast period. The U.S. was observed to be the largest market for pet food packaging in this region. The presence of various internationally reputed packaging suppliers has further strengthened the North American market.

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

Further key findings from the report suggest:

  • In terms of material, plastic segment is expected to grow at the fastest rate over the forecast period owing to rising popularity of pouches and bags in the pet food industry
  • Cans emerged as the largest type segment in 2018. Cans are predominantly used to package cat food products
  • In terms of animal type, the cat segment is grow at the fastest CAGR of 5.7% over the forecast period. Rising adoption of cats in countries such as Japan is expected to boost the demand for cat food packaging in the foreseeable future
  • North America is expected to retain its pole position in the industry throughout the forecast period. The presence of prominent manufacturers in this region is likely to strengthen the position of the North American pet food packaging market
  • Research & development activities are likely to surface in the industry over the forecast period with prominent market players keen on global expansion
  • The competitive landscape of the industry represents intense rivalry among domestic and international players. Product differentiation is expected to remain one of the key strategies among these players over the forecast period

Grand View Research has segmented the global pet food Packaging market on the basis of material, product, animal type, and application.

Pet Food Packaging Material Outlook (Revenue, USD Million; 2014 - 2025)

  • Paper & Paperboard
  • Plastic
  • Metal
  • Others

Pet Food Packaging Product Outlook (Revenue, USD Million; 2014 - 2025)

  • Cans
  • Bags & Pouches
  • Folding Cartons
  • Plastic Bottles & Jars
  • Others

Pet Food Packaging Animal Type Outlook (Revenue, USD Million; 2014 - 2025)

  • Dog
  • Cat
  • Fish
  • Others

Pet Food Packaging Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Dry Food
  • Wet Food
  • Pet Treats
  • Frozen Food

Pet Food Packaging Regional Outlook (Revenue, USD Million; 2014 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Flow Chemistry Market to Hit $2.39 Billion During 2019-2025

 The global flow chemistry market size is projected to be valued at USD 2.39 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.0% during the forecast period. Lower operating costs of the technology coupled with eco-friendliness is projected to boost the growth.

Substantial reduction in waste generation along with elimination of non-renewable production methods are priorities from a global environment standpoint. Major economies are therefore introducing regulations with a view to minimize the damage to the environment. Numerous governments are introducing measures to achieve the targets set by the Paris Agreement under the United Nations Framework Convention on Climate Changes (UNFCCC), specifically to mitigate the emission of greenhouse gases.

Continuous Stirred Tank (CST) and Plug Flow (PF) are the most commonly adopted reactors in the flow chemistry market. CST reactor systems require limited human intervention to function thereby incurring low labor costs associated with its adoption. Additionally, both reactor technologies have a high output rate, resulting in low production costs.

Increasing adoption of microreactors in specialty chemical, fine chemical, and pharmaceutical manufacturing sectors has contributed substantially to controlling environment damage along with saving manufacturing costs. In the bulk chemicals manufacturing industry, microreactors are used to manufacture styrene, formaldehyde, Ethylene Oxide (EO), and Vinyl Acetate Monomer (VAM) among others.

Pharmaceutical industry is expected to witness maximum growth over the forecast period owing to the ease of continuous separation and crystallization technique offered by flow chemistry technology. Growing need for production cost control coupled with increasing competition in the Active Pharmaceutical Ingredients (API) manufacturing industry is projected to contribute significantly to the demand over the forecast period.

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

Further key findings from the report suggest:

  • Academia and research application held a market share of 12.45% in 2018 owing to growing use of renewable technologies for manufacturing along with affordable cost of flow chemistry
  • Asia Pacific is expected to witness the highest CAGR of 11.3% owing to growing adoption of affordable, energy saving, renewable technologies along with substantial investment from petrochemical industry
  • Microreactor is expected to register an astounding CAGR of 21.0% over the forecast period, due to the demand from pharmaceutical manufacturers owing to better selectivity, affordable production costs, and low waste generation by the product
  • Notable players operating in the flow chemistry market include Am Technology, CEM Corp., Biotage AB, Syrris Ltd, and Vapourtec Ltd. among others. Companies are strategizing to enhance their geographic presence by making in-roads in Asia Pacific, which is expected to have substantial potential.

Grand View Research has segmented the global flow chemistry market on the basis of application, reactor type, and region:

Flow Chemistry Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Pharmaceuticals
  • Chemicals
  • Academia & Research
  • Petrochemicals
  • Others

Flow Chemistry ReactorTypeOutlook (Revenue, USD Billion, 2015 - 2025)

  • CSTR
  • Plug Flow Reactor
  • Microreactor
  • Microwave Systems
  • Others

Flow Chemistry Regional Outlook (Revenue, USD Billion, 2015 - 2025)

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Metallic Stearate Market Projected To Be Worth USD 4.84 Billion By 2025: Grand View Research Inc.

 The global metallic stearate market is expected to reach USD 4.84 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.5% during the forecast period. Growing rubber and plastics industry is projected to drive the product demand.

Thermoplastics such as polyethylene, polypropylene, polyvinyl chloride, polystyrene, polyethylene terephthalate, expanded polystyrene, ABS, SAN, polyamides, fluoropolymer, and polycarbonate were the key contributors to the market growth. Primary applications of plastics include films, sheet, plates, boxes, strip, foil, and bottles. Packaging, building and construction, automotive, electronic, electrical, and consumer goods are the leading end-user industries that consume plastics. As a result, the prolific increase in plastics and plastic-based articles production is anticipated to drive the metallic stearate market over the forecast period.

The strong presence of automotive manufactures in China, Japan, and South Korea has boosted the demand for synthetic rubber. China and South East Asian countries appeared to be the major producers of synthetic rubber. Prospective growth in the automotive industry has propelled the demand for rubber in tire applications. A sizeable increase in rubber production is anticipated to fuel the demand for metallic stearates over the next few years.

Technological advancements are likely to continue driving the market growth. Various types of techniques are used in metallic stearate production. Nanofilms of metallic stearates can be produced using Langmuir−Blodgett (LB) techniques. The films are characterized by X-Ray Diffraction technique. The conductive properties of films are altered with environmental conditions; as a result, they can be used as a humidity sensor

Rising health concerns, altering demographics and lifestyles, favorable research studies, and innovative production techniques are the factors projected to drive the market. Investments and business expansions made by market participants to meet the increasing product demand in Asia Pacific and North America are projected to offer substantial growth opportunities over the next few years.

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

Further key findings from the report suggest:

  • In terms of revenue, the zinc product is expected to expand at a CAGR of 5.5% over the forecast period
  • Plastics led the application segment with a market share of over 30% in 2018
  • Increasing purchasing power parity and demand for cosmetics is projected to drive the metallic stearate market over the forecast period
  • Some of the key participants are Dover Chemical Corporation, Valtris Specialty Chemicals, Peter Greven GmbH & Co. KG, Baerlocher GmbH, Faci S.p.A, and Norac Additives.

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

Metallic Stearate Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Zinc stearate
  • Calcium stearate
  • Aluminum stearate
  • Magnesium stearate
  • Others

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

  • Plastics
  • Rubber
  • Pharmaceuticals
  • Cosmetics
  • Building & construction
  • Paints & coatings
  • Others

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

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

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Warehouse Racking Market to Reflect Impressive Expansion During 2019 to 2025

 The global warehouse racking market size is expected to reach USD 10.5 billion by 2025, ascending at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Optimized utilization of warehouse space and structural storage of objects in racking systems is expected to propel their demand. High load-bearing capacity and rigidity of rack structures are expected to be the key factors propelling their demand in heavy duty applications.

These systems are commercially available in various structures, patterns, and designs, thus are gaining high consumer traction. Racking offers easy handling of materials and optimized way of product selection, thus are popular in large-scale storage facilities. Forklifts and conveyer mechanisms are used in racks to provide access to every object stored in racking structure.

Systematic storage of stock in warehouse and easy accessibility provided by racks are considered beneficial for applications such as retail and food & beverage. These systems are widely used in large warehouses where heavy, fragile, and ductile objects are stored. Developments in the industry have introduced enhanced racking with improved durability and lifespan of pallets used in the systems.

Prominent players in the warehouse racking industry are focusing on providing installation and maintenance services to the customers. The market is characterized by multinational and a large number of domestic players engaged in production and distribution of racking systems. Major players in the market include Daifuku Co., Ltd.; AK Material Handling Systems; Hannibal Industries, Inc.; and Mecalux, S.A.

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

Further key findings from the report suggest:

  • Selective pallet system is expected to grow at the fastest CAGR of 4.2% over the forecast period owing to provision of easy accessibility to materials and less complicated structural rack design
  • In 2018, retail applications for warehouse system dominated the market with a share of over 30% and is anticipated to progress with the highest CAGR over the forecast period on account of increasing e-commerce applications
  • In Europe, the revenue for drive-in racking system in 2018 stood at USD 228.3 million and is likely to grow over the forecast period with growing acceptance of modern technology automation in racking systems in the region
  • North America registered the largest warehouse racking market for warehouse racking in 2018 owing to well-established distribution networks for retail, food & beverage, and automotive applications in the region
  • In 2019, Michelin North America, Inc. announced its operations of a new three million square feet distribution and warehouse, wherein the company installed racking systems and forklifts to smoothen the operations.

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

Warehouse Racking Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Selective Pallet
  • Drive-In
  • Push Back
  • Pallet Flow
  • Cantilever
  • Others

Warehouse Racking Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Automotive
  • Food & Beverage
  • Retail
  • Packaging
  • Manufacturing
  • Others

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

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

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.

Recycled Metal Market Will Target Emerging Markets By 2025

 The global recycled metal market demand is anticipated to reach 1,042.3 million tons by 2025, accelerating at a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. The market for recycled product is majorly driven by growing concerns regarding environment and high energy consumption in primary metal production.

Scrap metal is the key raw material used in the secondary metal production. The challenges associated with primary production are anticipated to compel manufacturers to adopt secondary production. The challenges include high energy consumption, fluctuating raw material prices, concerns over depleting non-renewable resources, and high manufacturing costs.

Government initiatives concerning the use of recycled materials and proper waste disposal are further anticipated to boost the consumption of recycled metals. For instance, the medals at the 2020 Olympics will be made from e-waste. As per the organizing committee, the authorities, in March 2019, collected 30.3 kg of gold, 4.1 kg of silver, and 2.7 kg of bronze from 78,885 tons of discarded devices including mobile phones, digital cameras, handheld games, and laptops.

Steel forms a significant part of metal recycling. Steel producers globally are adopting the Electric Arc Furnace (EAF) technology at a rapid rate owing to low-cost production and reduced carbon dioxide emissions. For instance, crude steel production by the EAF process registered a growth rate of 4.7% from 2014 to 2018. The growth rate in 2017 and 2018 was 13.7% and 10.3%, respectively, which signifies the growing adoption rate of scrap or recycled steel in crude steel production.

Key market players such as CMC, European Metal Recycling, Norsk Hydro ASA, GFG Alliance, Novelis, and Tata Steel are engaged in capacity expansions and mergers & acquisitions. For instance, in July 2018, Novelis Inc. announced the acquisition of Aleris Corporation for USD 2.6 billion to develop a diverse portfolio, expand its geographical presence, and gain competitive advantage over other players. In January 2018, Metal Trade Comax Group acquired Oetinger Aluminium Group. The acquisition helped in increasing the company’s annual production capacity from 30 thousands to 220 thousand tons.

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

Further key findings from the report suggest:

  • Recycled steel accounted for a market volume share of 79.5% in 2018 in terms of volume owing to increasing steel production by EAF technology
  • Asia Pacific market held a volume share of 55.2% in 2018 owing to increasing concerns regarding scrap utilization in countries such as India, which, in turn, is anticipated to drive the market for recycled metal
  • Aluminum segment is anticipated to witness increasing consumption in automotive industry, which is propelling metal production
  • Acquisitions are among the major strategic initiatives adopted by most of the market players.

Grand View Research has segmented the global recycled metal market report on the basis of product and region:

Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2014 - 2025)

  • Steel
  • Aluminum
  • Copper
  • Others

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

  • North America
    • US.
  • Europe
    • Germany
    • Russia
    • Turkey
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • 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.

Impact of Existing and Emerging Aquafeed Additives Market Trends And Forecast 2019-2025: Grand View Research Inc.

 Aqua Feed Additives Market Growth & Trends

The global aquafeed additives market size is expected to reach USD 2.5 billion by 2025, progressing at a CAGR of 3.2% over the forecast period, as per a new report by Grand View Research, Inc. Initiatives, such as Made in China by the government of China and Make in India by the government of India, are mainly beneficial for manufacturing sector and anticipated to boost the production of aquafeed in the domestic market. This is in turn anticipated to drive the demand for aquafeed additives.

In 2018, China emerged as the prominent producer of aquatic feed additives and importer of barley, fishmeal, rapeseed, soybeans, and sorghum, which are extensively utilized in producing aquafeed additives. In addition, increasing consumption of salmon, catfish, and crustaceans in food sector in Asia Pacific is anticipated to drive the demand for feed for these species. In February 2019, Olmix Group launched its Searup and Algimun from the Olmix’s Immunity range to establish a successful market presence, which is also likely to drive the growth of aqua feed additives market in the near future.

The requirement of nutrients varies with the diet and the life stage of animals. Addition of insect meal in the diet of fish helps improve their immune system as well as promote performance. Hence, several feed manufacturers are focusing on the production of insect meal. Increasing preference toward natural feed and organic feed products among aquafeed manufacturers is an evolving trend, which is anticipated to drive the use of plant-based feed additives.

Request a free sample copy or view report summary: Aqua Feed Additives Market Report

Aqua Feed Additives Market Report Highlights

  • Asia Pacific held the largest market revenue share in 2018 and is projected to ascend at the highest CAGR of 3.7% over the forecast period
  • In 2018, China emerged as the prominent producer of aquafeed additives and importer of barley, fishmeal, rapeseed, soybeans, and sorghum, which are extensively utilized in producing aquafeed additives
  • About 80% of the producers of aquafeed additives sell their products directly to fish farmers or feed manufacturers either on credit or in cash and the remaining 20% producers sell their products through intermediaries such as traders
  • Aquafeed additives, such as antiparasites, feed acidifiers, and palatants, are preferred while preparing aquafeed as they assist in diminishing bacteria present in the feed, enhance quality of the feed, and minimize the risk of diseases in fish
  • High fluctuations in raw material prices coupled with moderate prices of aquafeed owing to rising competition among manufacturers are anticipated to restrict the growth of the market.

Aqua Feed Additives Market Segmentation

Grand View Research has segmented the global aqua feed additives market on the basis of ingredient, application, and region:

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

  • Anti-Parasitic
  • Feed Acidifiers
  • Prebiotics
  • Essential Oils & Natural Extracts
  • Palatants
    • Hydrolysates
    • Yeast Extracts
  • Others

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

  • Carp
  • Rainbow Trout
  • Salmon
  • Crustaceans
  • Tilapia
  • Catfish
  • Sea Bass
  • Grouper
  • Others

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

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • Norway
    • UK.
    • France
    • Italy
  • Asia Pacific
    • China
    • Indonesia
    • India
    • Japan
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
    • Ecuador
    • Chile
  • Middle East & Africa
    • Egypt
    • Iran
    • South Africa
    • Nigeria

About Grand View Research

Grand View Research, Inc. is a U.S. based Neurorehabilitation Devices Automated Dispensing Machine 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 Neurorehabilitation Devices Automated Dispensing Machine Market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Friday, 25 September 2020

Rose Oil Market Trends, Demand, Production, Analysis and Forecast to 2025: Grand View Research Inc.

 Rose Oil Market Growth & Trends

The global rose oil market size is expected to reach USD 442.0 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% over the forecast period. The market is driven by rising demand for the natural and organic ingredients in the fragrance and cosmetic industry. Moreover, various antimicrobial and anti-bacterial properties are anticipated to increase the product demand in the pharmaceutical sector over the forecast period.

Rose Oil Market

The market is driven by shift in the consumer preference towards the organic products used in the cosmetic industry. Moreover, proven skin benefits provided by the rose oil in curing various diseases is a key factor fueling the market growth. Rose oil also helps in curing depression and irritation, thereby maintaining a good wellness state of a body.

Rose oil has also been used by the fragrance companies in the manufacturing of various products. It is believed that rose aroma provides calmness and relaxation to the mind due to its pleasing aroma. This is one of the reasons why rose oil cultivated by the conventional method has higher demand in the fragrance and perfume industry.

Europe held the largest market share in 2018 due to increased awareness among consumers regarding the use of natural fragrance ingredients, along with growing product launches in the market. Europe is the largest market for the natural fragrance ingredients and is anticipated to witness significant growth over the forecast period.

Asia Pacific is expected to witness the fastest growth over the forecast period. Rise in the sales of pharmaceutical products in this region is anticipated to increase the demand for rose oil over the forecast period. Growing consumer awareness in countries such as China, Japan, and India is increasing the production facilities for raw material in the country to reduce the import duty in market.

Various strategic initiatives such as product launches, mergers and acquisitions, and capacity expansion are adopted by many manufacturers to retain their position in the market. Some of the key players in the market are Sigma-Aldrich, Inc.; Ernesto Ventos SA; Alteya Organics, LLC; Givaudan SA; Firmenich International SA; Symrise AG; V. MANE FILS SA; Robertet SA; International Flavors & Fragrances Inc.; and BERJÉ INC. Production of raw material for rose oil is highly concentrated in Bulgaria and Turkey only.

Request a free sample copy or view report summary: Rose Oil Market Report

Rose Oil Market Report Highlights

  • Organic products are projected to ascend at the fastest CAGR of 8.7% over the forecast period
  • The fragrance and cosmetics application segment dominated the global market with an overall share of 70.1% in 2018
  • Europe dominated the global rose oil market in 2018, accounting for 40.2% share of the global revenue. This trend is projected to continue over the next few years
  • Asia Pacific is anticipated to witness the fastest growth in the coming years due to increasing disposable income in India, South Korea, China, and Japan.

Rose Oil Market Segmentation

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

Rose Oil Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Organic
  • Conventional

Rose Oil Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Fragrance & Cosmetics
  • Pharmaceuticals
  • Food & Beverages

Rose Oil Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • France
    • UK.
  • Asia Pacific
    • China
    • Japan
  • 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.

Packaging Machinery Market to Represent a Significant Expansion at 5.2% CAGR from 2019 to 2025

 The global packaging machinery market size is projected to be valued at USD 65.18 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% during the forecast period. Increasing total manufacturing output, especially in the developing industrial economies of the world coupled with growing demand and booming e-commerce industry is predicted to boost the market.

Packaging Machinery Market

Growing demand from several Consumer Packaged Goods (CPG) manufacturers globally for highly sophisticated and efficient machinery at a competitive price is expected to boost the global packaging machine market by 2025. Moreover, rising demand for a wide variety of products as well as for different product sizes is expected to further boost the growth.

Increasing R&D investments by major players to manufacture machinery with overall equipment effectiveness is predicted to fuel the packaging machine market growth over the forecast timeframe. Growing demand for automation and machinery optimization by end-users as well as continued demand for complete packaging lines and modular machines is anticipated to encourage the market development in near future.

Food end-use industry was worth USD 10.18 billion in 2018 and is expected to reach USD 13.90 billion over the forecast period. The food sector includes processed fruits and vegetables, cereals, frozen food, chocolate, bakery products, snacks, and meat among others. Pharmaceutical is anticipated to witness the fastest CAGR of 7.0% over the forecast period. The pharmaceutical end-use sector includes various drugs, capsules, tablets, lotions, ampoules, medical devices, and other pharma and healthcare products.

In terms of machine type, filling machine type segment was valued at USD 6.67 billion in 2018 and is predicted to witness steady growth over the forecast period. In 2018, form-fill-seal machine type segment accounted for 16.37% of the global packaging machine market share. Growing popularity of flexible packaging coupled with trend towards small portions and single serve packages as well as changing consumer preferences is expected to foster the growth over the forecast period.

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

Further key findings from the report suggest:

  • The U.S. packaging machine market revenue is projected to register a CAGR of 9.2% over the forecast period. Several factors including customer preferences towards convenience foods coupled with the rapidly expanding e-commerce industry as well as various regulations with respect to serialization and traceability are projected to drive the growth
  • Russia, in terms of revenue, was valued at USD 3.25 billion and is projected to reach USD 4.35 billion over the forecast period. Its efforts towards gradually increasing local production especially in the food and pharmaceutical sector is likely to augment the regional demand
  • India is expected to reach USD 6.66 billion by 2025. In 2018, the country was among one of the largest markets in the region owing to the growing population, domestic consumption as well as huge investments taking place especially in the food, pharmaceutical, and personal care industries
  • In September 2018, Robert Bosch Packaging Technology agreed to form a partnership with ASPIRx Ltd. located in Ghana, to produce pharmaceuticals. The role of Bosch Packaging Technology in this partnership was to design and provide a multi-purpose system, which will manufacture and package both solid and liquid pharmaceuticals
  • In February 2019, ProMach, Inc. acquired Code Tech Corporation thus expanding its labeling and coding solutions portfolio

Grand View Research has segmented the global packaging machine market on the basis of machine type, end use, and region:

Packaging Machinery Machine Type Outlook (Revenue, USD Billion, 2015 - 2025)

  • Filling
  • Labeling
  • Form-Fill-Seal
  • Cartoning
  • Wrapping
  • Palletizing
  • Bottling Line
  • Others

Packaging Machinery End Use Outlook (Revenue, USD Billion, 2015 - 2025)

  • Beverage
  • Food
  • Chemicals
  • Personal Care
  • Pharmaceutical
  • Others

Packaging Machinery Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & 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.

U.S. Cold Storage Market to Witness Exponential Growth by 2025: Grand View Research Inc.

 U.S. Cold Storage Market Growth & Trends

The U.S. cold storage market size is estimated to reach USD 19.69 billion by 2025, expanding at a CAGR of 3.7% over the forecast period, according to the new report conducted by Grand View Research, Inc. U.S. is widely regarded as one of the leading markets in developing technologies responsible for effective management of cold storage processes. The market is expected to offer growth opportunities for the pharmaceutical industry. Inventory management of pharmaceutical goods such as vaccines and medicines is an expensive process, which necessitates adequate security measures to be undertaken for protection of product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

U.S. Cold Storage Market

Growth of the U.S. cold storage market is profoundly influenced by extensive demand for perishable goods worldwide along with the availability of food and health supplies, and economic and political scenario. For instance, trade conflicts between U.S. and China is expected to negatively impact the growth. In March 2018, U.S. imposed a 25.0% tariff on steel and 10.0% on aluminum imported from China. The latter country, in turn, announced a 15-25.0% tariff on products imported from U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture produce are expected to negatively affect market growth.

Furthermore, outsourcing cold and frozen storage operations offers manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and satisfaction of customer needs.

Request a free sample copy or view report summary: U.S. Cold Storage Market Report

U.S. Cold Storage Market Report Highlights

  • Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth
  • Provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods
  • Growing automation in warehouse management is anticipated to spur the growth over the forecast period
  • Numerous initiatives undertaken with the objective of reducing wastage of post-harvest and processed foods is also expected to boost the market
  • Some of the key participants operating in the U.S. cold storage market are Americold Logistics, LLC, AGRO Merchants Group North America, Burris Logistics, Cloverleaf Cold Storage, Henningsen Cold Storage Co., Lineage Logistics Holdings, LLC, Nordic Logistics, LLC, Preferred Freezer Services, United States Cold Storage, and Wabash National Corporation

U.S. Cold Storage Market Segmentation

Grand View Research has segmented the U.S. cold storage market based on warehouse type, construction type, temperature type, application, and state:

U.S. Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Private & Semi-Private
  • Public

U.S. Cold Storage Construction Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Bulk Storage
  • Production Stores
  • Ports

U.S. Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Chilled
  • Frozen

U.S. Cold Storage Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Fruits & Vegetables
  • Dairy
  • Fish, Meat, & Seafood
  • Processed Food
  • Pharmaceuticals

U.S. Cold Storage State Outlook (Revenue, USD Billion, 2014 - 2025)

  • Maine
  • Massachusetts
  • Vermont
  • New Jersey
  • New York
  • Pennsylvania
  • Delaware
  • Florida
  • Georgia
  • Maryland
  • North Carolina
  • South Carolina
  • Virginia
  • Illinois
  • Indiana
  • Michigan
  • Ohio
  • Wisconsin
  • Alabama
  • Kentucky
  • Mississippi
  • Tennessee
  • Iowa
  • Kansas
  • Minnesota
  • Missouri
  • Nebraska
  • North Dakota
  • South Dakota
  • Arkansas
  • Louisiana
  • Oklahoma
  • Texas
  • Arizona
  • Idaho
  • Mexico
  • Utah
  • California
  • Oregon
  • Washington
  • Others

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.

Carbon Black Market is Estimated To Reach A Valuation of USD 25.95 Billion by 2025: Grand View Research Inc.

 The global carbon black market size is projected to reach USD 25.95 billion by 2025 expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing tire production on accounted of growing transportation industry is driving the product demand. Carbon black is a highly regulated industry as the manufacturing process is considered harmful owing to the toxic emissions, which have adverse effects on the environment and health. In February 2003, it was added to the California Office of Environmental Health Hazard Assessment (OEHHA) list of substances known to the State that cause cancer.

Carbon Black Market

Major companies in the market are focusing on R&D activities to develop new manufacturing techniques to reduce harmful emissions. Stringent regulations to curb emissions are expected to play a major role in driving the market growth. Emerging countries in Asia Pacific, such as China, Thailand, India, and Indonesia, are projected to generate the maximum product demand in the coming years. Manufacturers in North America and Europe regions are forced to shift their operations to Asian countries owing to low cost in emerging countries. However, recovery in the automotive industry in countries, such as Germany and France, is are anticipated to boost market growth in Europe over the forecast period.

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

Further key findings from the study suggest:

  • In terms of volume, tires segment is anticipated to register a CAGR of 4.3% from 2019 to 2025 due to rise in production of tires as a result of high demand from the automotive industry
  • Plastics is anticipated to be the fastest-growing application from 2019 to 2025 owing to its rising application scope in the production of high-performance products
  • Stable automotive production and a gradually increasing plastics and rubber manufacturing landscape in Brazil is projected to drive the market in Latin America
  • Some of the key carbon black manufacturers and suppliers include Evonik, Nippon, Mitsubishi, Jiangxi Black Cat Carbon Black Co. Ltd., Philips Carbon Black, and China Synthetic Rubber Corporation
  • In May 2018, Cabot Corporation announced that it would be investing in capacity additions of over 300,000 (metric tons/year) of carbon black across its global plants

Grand View Research has segmented the global carbon black market on the basis of application and region:

Carbon Black Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Tire
  • High-performance Coatings
  • Plastics
  • Others

Carbon Black Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

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

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.

Industrial Water Treatment Chemicals Market to Grow at Moderate CAGR of 4.2% Through 2025

 The Report Industrial Water Treatment Chemicals Market Size, Share & Trends Analysis Report By Application (Cooling & Boilers, Raw Water Treatment, Desalination), By Region, And Segment Forecasts, 2019 - 2025

The global industrial water treatment chemicals market size is expected to reach USD 18.3 billion by 2025 at a 4.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for water desalination systems owing to scarcity of fresh water is a key factor driving industry growth.

Industrial Water Treatment Chemical

In desalination plants, excess salts and other minerals are removed from water through membrane-based or thermal-based technologies, there by rendering it fit for industrial consumption. Reverse osmosis (RO) and distillation are methods used for seawater desalination, while electrodialysis and RO are used to desalt brackish water.

The industrial water treatment chemical industry is anticipated to benefit from high number of regulations established by regulatory authorities across Europe and North America. As consumers are highly price-sensitive regarding installation cost of wastewater treatment plants, companies are involved in offering discounts and price reductions in a bid to attract more consumers.

Furthermore, development of advanced technology products and solutions by major companies in the market is expected to boost market growth over the forecast period. Rising investments in R&D of new products in the region is also expected to drive the market over the next few years.

Demand for water desalination in Asia Pacific, especially in countries such as India and Australia, is anticipated to witness high growth over the forecast period owing to increasing population, rising water scarcity, and reduced RO plant prices as compared to prices 10 years ago.

In India, rising groundwater contamination by industries is prompting state governments to impose restrictions on groundwater utilization. This factor, coupled with reduced prices of setting up plants, is anticipated to provide incentives for building new water desalination units over the forecast years.

Several countries in the Middle East are focusing on developing scalable infrastructure and efficient technologies to meet demand for potable water from the Gulf Sea and the Arabian Sea. Countries such as Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman use thermal-based technologies to desalinate water and manage water scarcity issues.

Access Research Report of Industrial Water Treatment Chemicals Market https://www.grandviewresearch.com/industry-analysis/industrial-water-treatment-chemicals-market

Further key findings from the report suggest:

  • Cooling & boilers dominated the global industrial water treatment chemicals market by application with an overall volume share of over 56.0% in 2017
  • In terms of revenue, the effluent water treatment segment is projected to ascend at a CAGR of 4.4% over the forecast period
  • The water desalination segment in North America is expected to exhibit strong growth over the forecast period on account of variable and relatively warm climatic conditions, thereby stimulating interest in desalination and boosting demand for water resources
  • The industry is characterized by strategic alliances, product developments and innovation, equity investments in several other projects, and capital expansions by players
  • Some of the key companies in the industry are Kemira Oyj; BASF SE; Suez S.A.; Ecolab Incorporated; Cortec Corporation; BWA Water Additives; The Dow Chemical Company; Solvay S.A.; Buckman Laboratories International Inc.; and AkzoNobel N.V.

Grand View Research has segmented the global industrial water treatment chemicals market on the basis of application and region:

Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Raw Water Treatment
  • Water Desalination
  • Cooling & Boilers
  • Effluent Water Treatment
  • Others

Industrial Water Treatment Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe, Middle East, & Africa
  • China
  • Asia Pacific
  • Latin America
  • 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.

Thursday, 24 September 2020

Plant Based Protein Supplements Market Will See Strong Expansion Through 2025: Grand View Research Inc.

 The global plant based protein supplement market size is expected to reach USD 7.70 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.9% during the forecast period. Rising concerns regarding the consumption of animal protein supplements, has encourages the manufacturers to develop human nutrition products derived from soy, spirulina, pumpkin seed, hemp, pea, and rice among other plants-based sources.

Plant Based Protein Supplements

The plant-based protein supplements market is projected to exhibit a high growth on account of rising global demand for vegan products. Herein, the rapid growth of e-commerce is augmenting the consumption of protein supplements. Walmart is considered to be the largest retailer and requesting its suppliers to offer more plant based items. Moreover, rising concern for food safety in food and beverages sector is propelling the consumption for high-quality food service board and liquid packaging board.

Demand for plant based protein supplement is likely to witness a high growth on account of rising popularity of Ready-to-Drink (RTD) product among millennials. These pre-formulated protein drinks are easily available and can be consumed without any further mixing or preparation. This factor is anticipated to bode well for the product demand in near future.

Asia Pacific is projected to remain one of the lucrative markets for plant-based protein supplements over the next eight years. The growth of working-class population in developing countries including China and India coupled with increased state government spending for promoting infrastructure development and easy taxation scenario for MNCs to open up offices, is expected to promote the demand. In addition, predominant utilization of internet by the working-class population during office hours and off-job time is expected to boost the consumer awareness regarding plant-based supplements as meal replacements in near future.

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

Further key findings from the report suggest:

  • Among raw materials, soy is anticipated to reach market size of USD 5.11 billion by 2025, at a CAGR of 8.0% from 2017 to 2025
  • Protein powder product segment is expected to reach a market size of 5.33 billion by 2025, owing to rising health consciousness and demand from athletes and bodybuilders
  • North America is projected to exhibit a CAGR of 7.6% over the forecast years, mainly on account of increasing demand for sports nutritional supplements from Canada and U.S. In addition, presence of major players and easy availability of raw materials can further fuel the growth
  • Countries in Asia Pacific, especially India, Indonesia, and China, are expected to witness significant growth over the forecast years, mainly driven by changing consume lifestyles resulting in the increased need for health supplements
  • The plant-based protein supplements market is characterized by accreditation of raw materials, product, distribution channel, application, and regional decisions to improve the market share of manufacturers
  • Some of the prominent companies present in the market are Glanbia plc; AMCO Proteins; Quest Nutrition; NOW Foods; NBTY, Inc.; MusclePharm Corporation; Abbott Laboratories; CytoSport, Inc.; IOVATE Health Sciences International; and Transparent Labs.

Grand View Research has segmented the global plant based protein supplement market on the basis of raw material, product, distribution channel, application, and region:

Plant based Protein Supplement Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

  • Soy
  • Spirulina
  • Pumpkin Seed
  • Hemp
  • Rice
  • Pea
  • Others

Plant based Protein Supplement Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Protein Powder
  • Protein Bars
  • Ready-to-Drink (RTD)
  • Others

Plant based Protein Supplement Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

  • Supermarket
  • Online Stores
  • DTC
  • Others

Plant based Protein Supplement Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Sports Nutrition
  • Additional Nutrition

Plant based Protein Supplement Regional Outlook (Revenue, USD Million, 2014 - 2025)

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

CSA Food Safety Testing Market Hit at a CAGR of 5.7% in Terms of Revenues from 2018 to 2025

 The Central & South America food safety testing market size is expected to reach USD 1.36 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 5.7% during the forecast period. Increasing food safety concerns due to consumer preference for processed and packaged eatables are expected to contribute to the market growth in the region. Moreover, rising demand for exotic vegetables and fruits, premium coffee, and imported products continue to contribute to safety concerns. This is projected to augment the market growth.

Food Safety Testing

Changing lifestyle and increased per capita income have resulted in high demand for packaged and ready-to-eat products, which is also likely to boost market growth. Manufacturers are taking increasing efforts to ensure food safety owing to economic losses caused by foodborne diseases. Foodborne disease outbreak is a major cause of diarrheal diseases and poses a significant threat in the majority of the Central & South American countries. Such diseases cause severe and long-lasting damages including ulceration, meningitis, chronic diseases affecting articular and respiratory system. This is expected to have a positive impact on the market expansion. In addition, rising awareness levels among consumers regarding safety will also contribute to the market development in the years to come.

Furthermore, regional governments have launched initiatives, such as Good Farming Practice (GFP) and Good Manufacturing Practice (GMP) to ensure safety. Safety testing service providers have their own laboratories that offer various services including microbiological, allergen, Genetically Modified Organisms (GMO), nutritional analysis, and residue and contamination testing. In addition, vegetables and fruits producers perform routine tests by using test kits to check their products for any contamination. Meat, poultry, and seafood is the largest application segment, followed by processed eatables. Increased exports of cocoa from tropical countries and quinoa from Bolivia is estimated to boost the market growth.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/central-south-america-food-safety-testing-market

Further key findings from the study suggest:

  • Microbiological testing segment accounted for 43.1% of the total revenue share in 2017 as this testing focuses on the detection and enumeration of microorganisms using biological, biochemical, molecular, or chemical methods
  • GMO testing segment is projected to expand at a CAGR of 5.8% during the forecast years due to strict regulations regarding the cultivation of GMO seeds and rising instances of illegal GMO crops cultivation in the region
  • Meat, poultry, and seafood end-use segment accounted for a significant share of the market in 2017 as these products require testing on a regular basis for their microbiological quality as well as for the presence of chemical constituents
  • Market in Peru is expected to register a strong CAGR owing to rise in disease outbreaks in the country along with increased government regulations to ensure food safety
  • The market is highly concentrated with a few number of companies accounting for large market share along with the presence of numerous small-scale firms providing specialized services to food sector across the value chain

Grand View Research has segmented the Central & South America food safety testing market on the basis of test, end-use, and region:

CSA Food Safety Test Outlook (Revenue, USD Million, 2014 - 2025)

  • Allergen Testing
  • Chemical & Nutritional Testing
  • Genetically Modified Organism (GMO) Testing
  • Microbiological Testing
  • Residues & Contamination Testing
  • Others

CSA Food Safety Testing End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • Meat, Poultry, & Seafood Products
  • Dairy & Dairy Products
  • Processed Food
  • Beverages
  • Cereals & Grains
  • Others

CSA Food Safety Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • Central & South America
    • Peru
    • Ecuador
    • Bolivia

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.

Crude Sulfate Turpentine Market Witness Excellent Revenue Growth by 2025

 The global crude sulfate turpentine market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market.

Crude Sulfate Turpentine

 

Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process. They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhesives industries to grab more opportunities by replacing chemical compounds like hydrocarbons, cement, and mineral spirits.

Carene is anticipated to be the fastest-growing segment in future owing to wide usage of the product in solvent production. Personal and home care application accounted for over 30% volume share in 2018. Increasing demand for flavors and fragrance with natural products will fuel the segment growth further. Rising product usage as a feedstock to manufacture polymer additives, turpentine oil, pine oil, and pinenes is also likely to contribute to the segment development.

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

Further key findings from the study suggest:

  • The global crude sulfate turpentine market is anticipated to reach 220.8 kilotons by 2025 expanding at an estimated CAGR of 2.1% from 2019 to 2025
  • In terms of revenue, carene is projected to ascend at a CAGR of 4% over the forecast period
  • Aroma chemicals application segment led the global market in 2018
  • Asia Pacific is projected to witness the fastest CAGR over the next estimated time period owing to rising preference for naturally extracted products
  • Some of the key companies in this market are DRT, Kraton Corportation, Pine Chemicals Group, and ORGKHIM Biochemical Holding
  • Most of these firms are collaborating with distributors to improve their regional presence and industry share

Grand View Research has segmented the global Crude Sulfate Turpentine derivatives market on the basis of product, application, and region:

Crude Sulfate Turpentine Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

  • Carene
  • Terpineol
  • Camphor
  • Pinane Hydroperoxide
  • Pure Alpha-pinene
  • Beta-pinene
  • Terpene Resins
  • Limonene

Crude Sulfate Turpentine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

  • Additives
  • Adhesives
  • Solvents
  • Rubber Processing
  • Aroma Chemicals
  • Personal/Home Care Product

Crude Sulfate Turpentine Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central and South America
  • 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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...