Thursday, 17 December 2020

Savory Snacks Market See Strong Expansion Through 2025: Grand View Research Inc.

 The global savory snacks market is expected to reach USD 218.44 billion by 2025, according to a new report by Grand View Research, Inc. The rising health awareness coupled with growing consumption of healthy snacks is expected to drive demand for the product.

Savory Snacks

Savory snacks are majorly categorized as snacks that are not sweet in taste. The market growth of these products is driven by health considerations and consumer taste. The presence of numerous flavors coupled with rising R&D investment by major industry players in order to introduce new products is further expected to propel growth over the coming years.

The major products in the market are potato chips, nuts & seeds, extruded snacks, and popcorn. The growing consumption of convenience food is expected to fuel the demand for the product. The changing retail landscape and the rise of e-commerce are expected to have a positive impact on the growth over the next nine years.

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

Further key findings from the report suggest:

  • Nuts & Seeds are expected to be the fastest growing segment with a CAGR of 9.4% from 2016 to 2025 on account of rising demand from Japan and Brazil
  • Convenience stores are expected to be the highly preferred distribution channel in 2025 with a share of over 33% on account of easy availability of the products
  • The roasted/toasted flavored savory snacks are the largest flavor segment in the market growing at a CAGR of over 8.0% from 2016 to 2025. The familiarity of taste and availability of a large number of products in this flavor are expected to drive the demand.
  • Asia Pacific is the fastest growing regional segment with market share of over 30% in 2015. The growing demand from developing countries such as India, Indonesia, and Thailand is expected to propel the demand over the next nine years.
  • The industry participants are constantly engaged in improving their operations and introduction of new flavors to gain market share. The industry is characterized by high marketing costs and rising investments in order to improve the supply chain of the company.

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

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

  • Potato Chips
  • Extruded snacks
  • Nuts & Seeds
  • Popcorn
  • Others

Distribution Channel Outlook (Revenue, USD Billion, 2014 - 2025)

  • Supermarket/Hypermarket
  • Independent Retailers
  • Convenience Stores
  • Service Station
  • Others

Flavor Outlook (Revenue, USD Billion, 2014 - 2025)

  • Roasted/Toasted
  • Barbecue
  • Spice
  • Beef
  • Others

Regional Outlook (Revenue, USD Million, 2014 - 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 Product Market is Estimated to Witness The Fastest Growth at a CAGR of 5.5% by 2025: Grand View Research Inc.

 The global baby products market size is expected to reach USD 16.78 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a healthy CAGR of 5.5% over the forecast period. Increasing population in emerging economies of Asia Pacific including India and China is likely to drive the demand for baby products over the forecast period. Increased spending capacity in developed economies of North America and Europe will also augment industry growth over the next few years.

Baby Products

Moreover, rising awareness about infant nutrition, hygiene, and safety in developing regions will fuel the demand further. Continuous innovation in the field is also expected to propel industry growth in future. Cosmetics and toiletries segment held the largest share in the global market. Cosmetics help enhance infant skin, provide nourishment, resist swelling, itching, rashes, and inflammations. Apart from that they possess antibacterial, antifungal, antimicrobial properties, which soothe and provide luster to the skin.

These beneficial properties are expected to drive the demand over the forecast period. Infant food provides essential ingredients, which include vitamin B12, protein, carbohydrate, and iron, which are required in different growth phases to develop a good immune system. Availability of different food varieties coupled with its ease of use during travelling is expected to have a positive impact on the segment growth.

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

Further key findings from the study suggest

  • The global baby products market is expected to witness a CAGR of 5.5% from 2018 to 2025 owing to increased female working population resulting in higher demand for ready-to-use items
  • Cosmetics & toiletries will witness the fastest growth at a CAGR of 5.7% from 2018 to 2024 owing to rising awareness regarding infant hygiene
  • Asia Pacific market was the largest baby products market in the past and will expand further on account of growing awareness about baby nutrition, hygiene, and safety
  • Key companies in the global market include Procter & Gamble Company, Kimberly-Clark Corporation, Johnson & Johnson PLC, Unilever PLC, Nestle S.A., and Abbott Nutrition
  • Most of these companies focus on increasing their global presence through M&A and brand awareness activities
  • For instance, in 2017, Abbott Nutrition announced its acquisition over Alere, Inc. The acquisition was intended to strengthen Abott’s presence in the diagnostics market

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

Baby Products Outlook (Revenue, USD Billion, 2014 - 2025)

  • Cosmetic & Toiletries
    • Baby Skin Care Products
    • Bath Products
    • Baby Hair Care Products
    • Other Cosmetics & Toiletries
  • Baby Food
    • Milk Products
    • Frozen Baby Food
    • Baby Juice
    • Baby Food Snacks
    • Baby Food Cereals
  • Baby Safety & Convenience
    • Baby Strollers
    • Baby Car Seats

Baby Products Regional Outlook (Revenue, USD Billion, 2014 - 2025)

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

Non-alcoholic Drinks Market to Grow at Moderate CAGR of 5.3% Through 2025

 The global non-alcoholic drink market size is expected to reach USD 1.6 trillion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% over the forecast period. Rising concerns over adverse effects associated with consumption of alcoholic beverages are expected to expand the use of functional beverages as alternatives. Moreover, increasing demand for healthy and nutritious on-the-go beverages has propelled the demand for wide variety of natural beverages in the market.

Non-alcoholic Drinks

Functional beverages are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025. Changing diet patterns among the young population owing to fast moving lifestyle have fueled the demand for functional products such as probiotic beverages. Moreover, these products are beneficial for improving gut health, bones strength, and immunity of the body. They provide essential nutrition for proper functioning metabolism and normal functioning of the body.

North America led the market and accounted for a share of 34.5% in 2018. Over the past few years, the major players of the region have been adopting marketing strategies including innovative product launch and mergers and acquisitions in order to cater to the increasing demand for natural, less sugary, and low calorie content beverages.

For instance, in January 2019, The Coca-Cola Company launched a new range of sparkling cocktails under the brand name ‘Bar None’ in U.S. This product is available in four flavor variants including Bellini Spritz, Sangria, Ginger Mule, and Dry Aged Cider. The company has introduced these beverages as a best alternative to the alcoholic beverages in the parties.

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

Further key findings from the report suggest:

  • By product, soft drinks held the largest share of 24.3% in 2018
  • The online distribution channel is expected to expand at a CAGR of 5.6% from 2019 to 2025
  • In terms of revenue, North America accounted for the largest share of 34.5% in 2018
  • Asia Pacific is projected to expand at the fastest CAGR of 6.0% from 2019 to 2025 owing to product innovation and establishment of partnerships with the distributors located in developing countries including China and India
  • Key players of non-alcoholic drinks market include PepsiCo, Inc.; The Coca-Cola Company; Danone S.A.; Starbucks Corporation; Nestle S.A.; Parle Agro; Suntory Beverage & Food Limited; Keurig Dr Pepper Inc.; Red Bull Gmbh; and Unilever.

Grand View Research has segmented the global non-alcoholic drinks market on the basis of product, distribution channel, and region:

Non-alcoholic Drinks Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Soft Drinks
  • Bottled Water
  • Tea & Coffee
  • Juices
  • Dairy Drinks
  • Functional Drinks
  • Others

Non-alcoholic Drinks Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Offline
  • Online

Non-alcoholic Drinks 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.

Bottled Water Market is Anticipated to Increase at a CAGR of 7.4% by 2025: Grand View Research Inc.

 The global bottled water market size is expected to reach USD 215.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 7.4% during the forecast period. It is anticipated to witness a higher growth as compared to carbonated drinks on account of better health benefits and added nutrients. Factors such as increase in per capita spending and rapid urbanization are likely to fuel the demand for bottled water over the forecast period.

Bottled Water

However, higher cost of bottled water may restrain the growth of the market. On the other hand, growing awareness regarding benefits of bottled water coupled with increasing preference for active lifestyle is expected to play a significant role in driving the market. Companies such as PepsiCo Inc. launched premium priced bottled water in order to strengthen consumer interest in healthier beverages.

Some of the key companies in the market are Mountain Valley Spring Water; Nestlé S.A.; Tata Global Beverages; Danone Waters of America, Inc.; PepsiCo, Inc.; Gerolsteiner Brunnen GmbH & Co. KG; RHODIUS Mineralquellen und Getränke GmbH & Co. KG; Nongfu Spring; Bisleri International Pvt. Ltd.; and The Coca-Cola Company.

Access Research Report of Bottled Water Market@ https://www.grandviewresearch.com/industry-analysis/bottled-water-market

Further key findings from the study suggest:

  • The spring bottled water segment accounted for revenue share of over 17.0% in 2016
  • Mineral bottled water accounted for the largest market share in 2016 and is expected to witness a CAGR of 7.3% over the forecast period. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling water
  • Sparkling bottled water witnessed a share of 8.0% in 2016 and is expected to witness a significant growth over the forecast period owing to increasing demand for alternatives for carbonated beverages
  • Asia Pacific is likely to be the dominant regional market for bottled water over the forecast period. Rising population coupled with rapid urbanization in countries such as India, China, Indonesia, and Malaysia is likely to be the key driver for the market
  • Regional expansion and R&D are the key strategies adopted by most of the key companies to strengthen their market position
  • In November 2017, The Coca-Cola Company launched its bottled water brand Kinley in Nepal in order to gain domestic market share. In March 2017, Nestlé Waters collaborated with Danone and Origin Materials to develop PET plastic bottles, which were made from 100% renewable and sustainable resources.

Grand View Research has segmented the global bottled water market on the basis of product and region:

Bottled Water Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Spring Water
  • Purified Water
  • Mineral Water
  • Sparkling Water
  • Others

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

  • North America
    • US.
  • Europe
    • Germany
    • France
  • Asia Pacific
    • 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.

Bubble Tea Market Competitive Insight and Key Drivers 2020 to 2027: Grand View Research Inc.

 Bubble Tea Market Growth & Trends

The global bubble tea market size is expected to reach USD 4.2 billion by 2027 registering a CAGR of 8.9%, according to a new report by Grand View Research, Inc. Shifting consumer preference from carbonated drinks to zero-fat hot beverages, such as bubble tea, is expected to be the key factor for the market growth.

Asia was the largest regional market in 2019 and accounted for 35% of the global share. The region will retain its dominant position throughout the forecast years on account of high consumption of bubble tea in countries including Taiwan, China, and Thailand. In addition, according to the ASEAN Post, which was published in December 2019, the average consumption of bubble drinks in Thailand was six cups per person per month.

Major companies in this market are expanding their global presence through various business strategies. For instance, in September 2019, The Alley, a renowned Taiwanese restaurant chain, inaugurated its first restaurant in New York City. Thus, increasing number of restaurant chains specialized in bubble hot beverages is anticipated to boost market growth over the forecast period.

Request a free sample copy or view report summary: Bubble Tea Market Report

Bubble Tea Market Report Highlights

  • Black tea segment held the major share of more than 45% in 2019 and is estimated to expand further at a steady CAGR over the forecast period
  • Green tea product segment is anticipated to register the fastest CAGR from 2020 to 2027 owing to various health benefits of this beverage
  • Fruit flavor led the flavor segment in 2019 accounting for the largest market share. It is projected to maintain its leading position throughout the forecast period
  • Asia Pacific was the largest regional market in 2019 and will grow further at a significant CAGR from 2020 to 2027

Bubble Tea Market Segmentation

Grand View Research has segmented the global bubble tea market on the basis of product, flavor, and region:

Bubble Tea Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Black
  • Green
  • Oolong
  • Others

Bubble Tea Flavor Outlook (Revenue, USD Million, 2016 - 2027)

  • Classic
  • Fruit
  • Coffee
  • Others

Bubble Tea Region Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Bubble Tea Market

  • Bobabox Ltd.
  • Bubble Tea House Company
  • Fokus, Inc.
  • Gong Cha
  • ChaTime
  • Lollicup USA, Inc.
  • Bubble Tea Supply, Inc.
  • T Bun International
  • Ten Ren's Tea Time
  • Troika JC.

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.

Healthcare Wipes Market Will Target Emerging Markets by 2027: Grand View Research Inc.

 Healthcare Wipes Market Growth & Trends

The global healthcare wipes market size is anticipated to reach USD 17.63 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.6% from 2020 to 2027. Beneficial properties of healthcare wipes, such as ease of use, disposability, portability, and reduced risk of cross-contamination, are expected to favor market growth in the foreseeable future.

Some of the other characteristics of the product including cost convenience, hygiene, performance, time saving, safety regulation, and consumer centered aesthetics are also expected to boost market growth. The application of healthcare wipes is also increasing owing to rising number of hospitals globally.

The market is also driven by rising hygiene and health concerns among individuals worldwide, coupled with the use of healthcare wipes for numerous purposes, including cleaning of health-related equipment, hospital sterilization, hand sanitizing, skin cleaning, and surface cleaning. Furthermore, rising usage of healthcare wipes owing to their ability to prevent or control infection is another prominent factor augmenting the demand for the product.

In terms of product, the market has been segmented into two categories, namely dry and wet wipes. Dry wipes emerged as the largest segment in 2019 with a share of 60.1% and are expected to remain the most dominant category during the forecast period. These products allow users to perform tasks in significantly less time.

With regards to sales/distribution channels, offline distribution channels such as pharmacies and drugstores are likely to remain the most preferred platform throughout the forecast period. The e-commerce platform is expected to expand at the fastest CAGR over the forecast period owing to rising number of online retailers within the market.

Request a free sample copy or view report summary: Healthcare Wipes Market Report

Healthcare Wipes Market Report Highlights

  • In terms of product, the wet wipes segment is expected to expand at the fastest CAGR over the forecast period
  • By distribution channel, pharmacies and drugstores held the largest market share in 2019
  • North America emerged as the largest regional market in 2019. This can be attributed to rapid urbanization and increasing number of hospitals in U.S. and Canada.

Healthcare Wipes Market Segmentation

Grand View Research has segmented the global healthcare wipes market based on product, distribution channel, and region:

Healthcare Wipes Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Dry
  • Wet

Healthcare Wipes Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

  • Pharmacies & Drugstores
  • Supermarkets & Hypermarkets
  • E-commerce
  • Others

Healthcare Wipes Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Healthcare Wipes Market:

  • Procter and Gamble
  • 3M
  • Johnson & Johnson Private Limited
  • Diamond Wipes International, Inc.
  • The Clorox Company
  • Kimberly-Clark Corporation
  • Costco Wholesale Corporation
  • Reckitt Benckiser Group plc
  • Procotech Limited
  • Beiersdorf AG

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.

Coconut Milk Powder Market Insights Business Opportunities, Current Trends And Forecast 2027: Grand View Research Inc.

 Coconut Milk Powder Market Growth & Trends

The global coconut milk powder market size is expected to reach USD 113.0 million by 2027 registering a CAGR of 10.1%, according to a new report by Grand View Research, Inc. Rising demand for vegan milk products across the globe, due to increasing concerns related to lactose intolerance, is expected to play a key role in the market growth. Furthermore, increasing demand for food items with higher shelf-life is projected to boost the consumption of coconut milk powder.

The demand for plant-based milk powders is expected to grow due to rapid adoption of veganism owing the numerous health benefits associated with it. Furthermore, people have become more conscious about reducing carbon footprint and thus, are opting for plant-based products.

In addition, increasing cases of allergy and intolerance pertaining to dairy products and its derivatives are likely to fuel the demand for plant-based milk powders. Further, according to a meta-analysis on “Country, Regional, And Global Estimates for Lactose Malabsorption in Adults” published in 2017 in U.S., 36% of the citizens were suffering from lactose intolerance.

Request a free sample copy or view report summary: Coconut Milk Powder Market Report

Coconut Milk Powder Market Report Highlights

  • Conventional coconut milk powder accounted for the largest market share of more than 70% in 2019
  • Organic product segment is expected to register the fastest CAGR during forecast years on account of increasing awareness regarding the benefits of consuming organic foods
  • B2C application is expected to register the fastest growth during forecast years due to shifting inclination toward authentic cuisines
  • Online distribution channel is expected to register the fastest CAGR of 11.1% from 2020 to 2027. This growth is attributed to the rising popularity of such channels as they offer various add-on benefits including cash-on delivery, coupon points, and cashback offers

Coconut Milk Powder Market Segmentation

Grand View Research has segmented the global coconut milk powder market on the basis of product, application, distribution channel, and region:

Coconut Milk Powder Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Conventional
  • Organic

Coconut Milk Powder Application Outlook (Revenue, USD Million, 2016 - 2027)

  • B2B
  • B2C

Coconut Milk Powder Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

  • Online
  • Offline

Coconut Milk Powder Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • India
    • Australia
    • Indonesia
  • Central & South America
    • Brazil
  • Middle East & Africa (MEA)

List of Key Players of Coconut Milk Powder Market

  • Nestlé Inc.
  • Anthony’s Goods
  • BareOrganics
  • Bramble Berry Inc.
  • Ben Kim Natural Health Solutions
  • Enerhealth
  • Grace Foods Canada Inc.
  • HEALTHWORKS
  • King Arthur Flour Company, Inc.
  • KOS

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.

Facial Hair Care Wipes Market to Reap Excessive Revenues By 2027

 Facial Hair Care Wipes Market Growth & Trends

The global facial hair care wipes market size is expected to reach USD 4,072.3 Thousand by 2027, expanding at a CAGR of 8.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. Facial hair care wipes have been gaining an increasing traction among the male consumers on account of their changing lifestyle and perception towards beard styling and maintenance as a fashion statement.

The wellness and grooming industry for men has been on the rise and contributing significantly to the growth of the market over the past few years. Surge in disposable income, fashion and celebrity endorsement, and adoption of western culture are expected to drive the market. Furthermore, elevated standard of living and rapid urbanization are contributing to the growth of the male personal care industry.

According to a study conducted by Assocham, one of the trade associations in India, men who fall in the age group of 18 to 25 spend more money on grooming and personal care products, such as beard care products, than women in India. Nowadays, men are becoming more conscious about their looks and they want to look better and physically attractive to draw attention in the society.

Furthermore, men working in the rigorous environment need to have daily care for their facial hair. A research conducted by Switzerland’s Hirslanden Clinic stated that men with beard carry more germs and bacteria in their beard than dogs carry in their fur. Taking this into consideration, facial hair care wipes are formulated using combination of essential oils, such as jojoba, argan, and coconut oil, along with anti-bacterial solution, which will keep the beard dirt and bacteria free.

The online distribution channel held the largest market share in 2019. Rising popularity of online shopping and surge in the number of internet and smartphone users are the major factors boosting the segment growth. Moreover, the online retail platform offers cashback and doorstep delivery services, thus drive the sale of facial hair wipes through online channel in the forecast period.

There has been a shift in men’s perception towards grooming and taking care of themselves. Increasing penetration of social media and rise of influencer marketing lead to an increase in the sale of male grooming products, including facial hair wipes. Offline distribution platforms such as convenient stores, departmental stores, and salons contribute to the sales of facial hair care wipes.

Request a free sample copy or view report summary: Facial Hair Care Wipes Market Report

Facial Hair Care Wipes Market Report Highlights

  • Rising popularity of online retail platforms due to various advantages, such as cashback offers, discount on branded products, and direct to the end user sale, will fuel demand for facial hair care wipes
  • Increasing demand for the organic and bio-based products will further boost the market growth
  • Asia Pacific is estimated to emerge as the fastest growing regional market in the forecast period on account of a large population base and increasing penetration of smartphone and e-commerce services amongst the youth.

Facial Hair Care Wipes Market Segmentation

Grand View Research has segmented the global facial hair care wipes market on the basis of distribution channel and region:

Facial Hair Care Wipes Distribution Channel Outlook (Revenue, USD Thousand, 2016 - 2027)

  • Online Channel
  • Offline Channel

Facial Hair Care Wipes Regional Outlook (Revenue, USD Thousand, 2016 - 2027)

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

List of Key Players of Facial Hair Care Wipe Market

  • Zeke’s
  • The Original Beard Wipes
  • Depot Men No. 504
  • KleenOWipe
  • Beardilizer

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.

Wednesday, 16 December 2020

Crawler Camera System Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Crawler Camera System Market Growth & Trends

The global crawler camera system market size is anticipated to reach USD 309.2 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Increasing demand for technology to perform video inspections of large municipal and commercial sewer main lines and service lines is likely to escalate the growth of market in coming years.

Crawler camera system is compact and portable and can be remotely controlled. The operator remains in mobile control station above ground while camera crawls into pipeline or into canal as directed by operator. With technological advancement in video and recording, inspecting drainage or pipelines with crawler camera has become easier and more accessible. It provides the convenience desired by end users by offering real-time footage of drainage or pipelines.

This system helps to identify the blockages and drainage issues, which can potentially cause extensive damage if they are not repaired in a timely manner. They are beneficial for municipal, industrial, residential, and commercial end users to analyze the pipelines, drainage or other area and take preventive measures in order to avoid any damage. Such factors are likely to drive demand for these systems over the forecast period.

Inspection conducted through crawler camera system is relatively quick and the tubes remain intact throughout the process, making it a non-destructive testing method. As this system is compact, portable, and controlled remotely, the required manpower is reduced, making it an economical inspection process. It is likely to fuel the growth of market in coming years.

The pipeline inspection application segment is expected to be at the forefront by accounting for more than 2/5th share of the overall revenue over the forecast period. Crawler camera is a compact, portable, and convenient system to inspect pipes to look for areas of concern and mark out problem areas. Many end users use this system to maintain proper function of pipeline and avoid blockage, deterioration, and structure collapse, which always pose potential risk. Thus, crawler camera is a suitable option for remotely surveying pipe lines and taking preventive measures in case of any area of concern.

North America will continue to enjoy its leading position in the market during the forecast period. Continuous expansion of industrial and municipal area, along with growing need for periodic inspection of pipe and drainage lines to ensure environmental protection, is likely to drive demand for crawler cameras. Increasing number of pipeline accidents in the region and growing concerns to avoid such damages with periodic inspection are expected to ensure positive outlook for the regional market in coming years.

As per the incident reported by the Pipeline and Hazardous Materials Safety Administration (PHMSA) and the National Transportation Safety Board (NTSB), in November 2019, a newly installed gas pipeline exploded and burned in Pepper Pike, Ohio, U.S. As per the preliminary investigation undergone by the Public Utilities Commission of Ohio, U.S., the welding failure caused the rupture, which led to the explosion.

Request a free sample copy or view report summary: Crawler Camera System Market Report

Crawler Camera System Market Report Highlights

  • By application, pipeline inspection is projected to expand at the fastest CAGR over the forecast period owing to growing area of concern in large pipelines, such as contamination from toxic gasses or hazardous waste, which possibly leads to hazardous accidents
  • The municipal end-user segment is projected to witness the fastest growth over the forecast period due to increasing usage of crawler camera in municipal sewer lines to maintain its proper function with periodic cleaning schedule.

Crawler Camera System Market Segmentation

Grand View Research has segmented the global crawler camera system market on the basis of application, end user, and region:

Crawler Camera System Application Outlook (Revenue, USD Million, 2016 - 2027)

  • Drain Inspection
  • Pipeline Inspection
  • Tank, Void, and Conduit/Cavity Inspection

Crawler Camera System End-user Outlook (Revenue, USD Million, 2016 - 2027)

  • Industrial
  • Commercial
  • Municipal
  • Residential

Crawler Camera System Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Crawler Camera System Market

  • Deep Trekker Inc.
  • AM Industrial (UK) Ltd.
  • iPEK International GmbH
  • CUES Inc.
  • Eddyfi Technologies
  • Kummert GmbH
  • Mini-Cam Ltd.
  • Rausch Electronics USA, LLC
  • Inspector Systems Rainer Hitzel GmbH
  • Subsite Electronics

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.

Tuesday, 15 December 2020

Food Container Market Top Companies, Trends and Growth Factors Details for Business Development

 The global food container market size is expected to reach USD 346.99 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancement in terms of new packaging materials capable of ensuring cold storage and enhancing shelf life to the finished food products is expected to have a positive impact.

Food Container

The rising importance of bio-plastics packaging in the food & beverage industry as a result of stringent regulations aimed at recycling in the manufacturing sector is projected to expand industry size over the next nine years. Furthermore, the buyers are expected to prefer flexible convenience packaging material over metal and glass counterparts owing to former’ light weight.

Flexible packaging is expected to witness growth at a CAGR of 4.6% from 2016 to 2025. The growing importance of stand up pouch bags as packaging products in the food & beverage industry on account of being contaminant free and certified as safe by the FDA (Food and Drug Administration) is projected to increase industry demand in the near future.

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

Further key findings from the report suggest:

  • Paperboard products accounted for 19.8% of global revenue share in 2015. The excellent recycling ability of paperboard as compared to its plastics and glass counterparts is expected to remain a key influencing factor for industry in the near future.
  • Bakery goods are projected to account for 22.0% of total market sales by the end of 2025. Positive outlook towards baked goods industry of China and India owing to new product launches including frozen paratha and stuffed garlic bread is expected to increase the packaging scope over the next nine years.
  • Europe dominated the market, accounting for 33.5% of global revenue in 2015. The robust presence of manufacturing facilities of dairy goods and bakery products in Western European countries including Germany and the UK on account of easy access to technological expertise and equipment services is expected to remain a favorable factor.
  • Key industry players include Ball Corporation, Owens-Illinois Group, Silgan, Ardagh, Bemis, Caraustar Industries, Berry Plastics, and Graham Packaging. The establishment of strategic partnerships with buyers and product innovation for the development of tailored solutions are expected to remain major critical success factors in the future.
  • Over the past few years, the global food container market has been witnessing merger and acquisitions by some of the manufacturers. For an instance, Caraustar Industries, Inc. acquired The Newark Group, Inc. in February 2015 with financial assistance from Jefferies LLC, Wells Fargo Capital Finance Credit Suisse Securities (USA) LLC, and Regions Business Capital.

Grand View Research has segmented the global food container market by product, application, and region:

Food Container Product Outlook (Revenue, USD Million, 2014-2025)

  • Flexible Packaging
  • Paperboard
  • Rigid Packaging
  • Metal
  • Glass

Food Container Application Outlook (Revenue, USD Million, 2014-2025)

  • Grain Mill Products
  • Dairy Goods
  • Fruits & Vegetables
  • Bakery Products
  • Meat Processed Products
  • Others

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

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

Savory Ingredients Market Pegged For Strong Growth During The Forecast Period: Grand View Research Inc.

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

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

Savory Ingredients

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

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

Access Research Report of Savory Ingredients Market @ https://www.grandviewresearch.com/industry-analysis/savory-ingredients-market

Further key findings from the report suggest:

  • The global savory ingredients market demand was 3,929.6 kilo tons in 2015 and is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • Monosodium glutamate (MSG) was the leading product segment and accounted for over 80% of global demand in 2015. The use of Monosodium glutamate is extensively in the manufacture of processed food such as soups, meat, snacks, and other ready-to-go meals.
  • Hydrolyzed animal proteins (HAP) has gained wide acceptance in the animal feed and pet food industry
  • Food was the leading application segment and accounted for over 65% of total market volume in 2015. The segment is also expected to witness the highest growth of 5.4% over the forecast period on account of increasing savory ingredient demand in the convenience food and food service industry.
  • Major companies identified in the market include Ajinomoto Co., Inc., Angel Yeast Co., Ltd., Vedan International Holdings Ltd., DIANA Group, and Givaudan S.A. among others. Growing investment in new product development and R&D is expected to propel the market demand over the coming years.
  • Companies such as Sensient Technologies, Givaudan, DSM, Ajinomoto have invested in expanding production capabilities to cater to increasing market demand. HACCP, KOSHER, HALAL, ISO certifications help companies gain a competitive edge in the market.

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

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

  • Yeast extracts
  • Hydrolyzed vegetable proteins (HVP)
  • Hydrolyzed animal proteins (HAP)
  • Monosodium glutamate (MSG)
  • Nucleotides
  • Others

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

  • Food
  • Pet food
  • Others

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

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • 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.

Stone Paper Market is Likely To Touch USD 22.88 Billion by 2024: Grand View Research Inc.

 The global stone paper industry is expected to reach USD 22.88 billion by 2024 owing to the rising demand from key application segments, such as packaging, labeling, and self-adhesive paper. The growing application scope of the product in the aforementioned segments is attributed to the minimal environmental impacts, with regards to usage of water and energy, carbon emissions, and deforestation.

Stone Paper

Packaging is the major application segment for the product, globally. The other key applications include labeling and self-adhesive paper. With the rapid growth in industries such as packaging, education, corporate and government firms, among others, there has been a considerable increase in demand for labeling and self-adhesive paper for labeling applications. These applications are integral to aesthetics enhancement, archiving, documentation, and several other processes in the aforementioned end-user segments.

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

Further key findings from the report suggest

  • Globally, packaging and self-adhesive paper segments are expected to witness significant growth during the forecast period, growing at CAGRs of over 4% during the forecast period; this rapid growth can be attributed to rapidly growing demand for eco-friendly packaging and labeling solutions for various products, driven by rising consumer awareness regarding deforestation and use of plastics, globally.
  • Asia Pacific dominated the industry in 2015 with an estimated revenue of over USD 7 billion; this regional market is projected to grow significantly over the coming years owing to growing middle-class population, increasing disposably incomes, and rising consumer awareness regarding the negative impacts of pulp-based paper manufacture and the use of plastics.
  • In the Asia Pacific region, the packaging segment is expected to grow at a CAGR of over 5% in terms of volume. Rising consumer awareness regarding the benefits of the product over its counterparts coupled with low environmental impact is expected to drive demand over the forecast period.
  • The regional market is dominated by China; the market is expected to witness volume growth at a CAGR of over 5% during the forecast period. China was one of the largest producer and consumer of the product in 2015. This trend is expected to continue over the forecast period owing to robust industrial policies as well as developing end-use markets.
  • Key participants in the industry include Stone Paper Company Ltd., Soluz, KapStone, Parax Paper, and Taiwan Lung Meng Technology Co. Ltd., among others. In recent years, new product developments have been the major growth strategy adopted by key players for strengthening their positions in the global market.

Grand View Research has segmented the global stone paper market on the basis of application and region:

Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2013 - 2024)

  • Paper packaging
  • Labeling paper
  • Self-adhesive paper
  • Others

Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 - 2024)

  • North America
    • US.
    • Rest of North America
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Rest of 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.

Food Glazing Agents Market Precise Analysis on Business Overview, Product Scope And Ongoing Development by 2024

 The global food glazing agents market is expected to reach USD 5.24 billion by 2024, according to a new report by Grand View Research, Inc. The increasing consumption of the processed and convenience items is expected to drive the industry in the near future. Food items with perfect colorful texture and attractive appearance are also expected to fuel industry growth over the forecast period. 

Food Glazing Agents Market

Manufacturers have been providing customized glazing agents in accordance with the client requirements in stipulated time frames. This has been possible in the business on account of the technological advancement coupled with the development of enhanced ingredients. 

Technological developments in the processing of these agents have therefore established as an important factor in changing the business process. Carnauba wax was the leading product segment and accounted for 23.2% of total market revenue in 2015. It is used for preparing glazing agents in confectionary and bakery application areas. It is also expected to witness the highest growth of 8.9% from 2016 to 2024.  

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

Further key findings from the report suggest:

  • Coating agent was the leading function and accounted for over 35% of total market revenue in 2015. Surface finishing agent is expected to witness the highest growth of 8.6% over the forecast period. The shift in consumer focus towards attractive designs, texture, quality and overall appearance is expected to drive this segment over the forecast period.
  • Confectionary was the leading application segment and accounted for over 30% of total market revenue in 2015. Glazing agents in confectionary are used for sugar items such as chocolates, dragees, candies and jellies to enhance their appearance. Functional foods are expected to witness the highest growth of 8.7% over the forecast period.
  • Europe was the leading regional market and accounted for 31% of global revenue in 2015. Asia Pacific is expected to develop at a faster pace in near future. This is on account of changing consumption behavior in emerging economies including China and India. The shift towards healthier & organic diets coupled with increasing disposable incomes is anticipated to impact the regional market.
  • The industry is dominated by multinationals while a significant number of medium level participants are also present globally. Some of the companies operating in the market include Zeelandia, Avatar Corporation, ADM, Kerry Group, Wuhu Deli Foods Co. Ltd, Stoever Schellack Bremen (SSB) and Ningbo J&S Botanics Inc.

Grand View Research has segmented the food glazing agents market on the basis of ingredient, function, application and region:

Global Food Glazing Agents Ingredient Outlook (Revenue, USD Million, 2014 - 2024)

  • Stearic Acid
  • Beeswax
  • Carnauba Wax
  • Candelilla Wax
  • Shellac
  • Paraffin Wax
  • Other

Global Food Glazing Agents Function Outlook (Revenue, USD Million, 2014 - 2024)

  • Coating Agent
  • Surface-Finishing Agent
  • Firming Agent
  • Film Former
  • Other

Global Food Glazing Agents Application Outlook (Revenue, USD Million, 2014 - 2024)

  • Bakery
  • Confectionery
  • Processed Meat, Poultry & Fish
  • Fruits & Vegetables
  • Functional Food
  • Other

Global Food Glazing Agents Regional Outlook (Revenue, USD Million, 2014 - 2024)

  • 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.

Conductive Ink Market To Reap Over USD 4.37 Billion In Revenues By End Of 2024

 The global conductive ink market is expected to reach USD 4.37 billion by 2024, according to a new report by Grand View Research, Inc. Robust demand for miniaturization coupled with efficiency in the electronics industry is expected to fuel the global conductive ink market over the forecast period. These inks are also likely to replace bulky energy consuming wire and circuits in the future. Conductive inks are smaller in size and provide better durability & efficiency as compared to traditional wire circuits.

Conductive Ink Market

Factors such as lack of product education, advertisements and information sharing on the part of the manufacturers are expected to critically impact the total market over the forecast period. Researchers and renowned brand owners are trying to overcome these difficulties through the help of media, which is anticipated to create new avenues for industry participants.

In recent years, silver conductive inks have been widely used for various applications owing to its excellent printability and conductivity. However, high prices coupled with scarce availability have forced the manufacturers to introduce its alternatives, which are relatively less expensive, and exhibits same qualities as silver. Copper-based & graphene-based conductive inks are less costly and free from aggregation & oxidation problems.

Moreover, recent advances are being made by manufacturers to introduce newer formulations containing minimal silver formulations. ABLESTIK ECIV-1001, primarily used in automobile application, is a traditional conductive silver ink which is inexpensive and has less silver content.

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

Further key findings from the report suggest:

  • Conductive ink usage in display technology is presumed to grow at an estimated CAGR of 4.1% over the next eight years. This technology is widely used in smart phone innovations and other electronic devices. The increased levels of resolutions coupled with better picture density have resulted in the growth of conductive inks. Silver inks are being widely used in flexible circuitry display devices.
  • Asia Pacific emerged as the most dominant regional market and accounted for over70% of total market revenue in 2015. The regional growth can be attributed to the continuous expansion of consumer electronics, printed electronics, and photovoltaic application segment.
  • The global conductive ink market is consolidated in nature as a handful number of industry participants holding a major share of the overall market. Industry participants include Polyink, Novacentix, Creative Material, Inc., Sun Chemical Corporation, Voxel 8, and Johnson Matthey Color Technology.

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

Global Conductive Ink Product Outlook (USD Million, 2014 - 2024)

  • Conductive silver ink
  • Conductive copper ink
  • Conductive Nanotube ink
  • Di electric ink
  • Carbon/graphene ink
  • Conductive polymer
  • Others

Global Conductive Ink Application Outlook (USD Million, 2014 - 2024)

  • Photovoltaic
  • Membrane switches
  • Displays
  • Smart packaging
  • Printed circuit boards
  • Biosensors
  • Automotives
  • Others

Global Conductive Ink Regional Outlook (USD Million, 2014 - 2024)

  • 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.

Cannabis Beverages Market Set to Witness an Uptick during 2019 to 2025: Grand View Research Inc.

 Cannabis Beverages Market Growth & Trends

The global cannabis beverages market size is expected to reach USD 2.8 billion by 2025, expanding at a CAGR of 17.8% during the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature, owing to the presence of several small and medium scale companies. The majority of the companies are based in Canada, owing to the legalization of marijuana for medical and recreational purposes in the country. The rise in legalization of marijuana in order to eradicate the black market and to boost the tax revenue from legal sales of marijuana products is anticipated to positively influence the growth.

The rising popularity of wellness drinks is also expected to support the demand over the forecast period. The legalization of cannabis for medical and recreational purposes has had a strong impact on the sales of alcoholic drinks. As a result, many alcohol manufacturers are investing in the growing trend of marijuana-infused drinks. For instance, Lagunitas, Heineken's fast-growing California beer label, launched Hi-Fi Hops, which is a cannabis-based beverage with zero calories or carbs and is infused with Cannabidiol (CBD) and Tetrahydrocannabinol (THC). In 2017, Constellation Brands, the third-largest beer manufacturer in the U.S., entered into a partnership with Canopy Growth - the world’s largest marijuana grower, to develop cannabis-infused beverages.

Consumers are shifting their preference from soft drinks to wellness drinks leading to the increasing sale of cannabis beverages. Low sugar content in drinks is the major driving factor for the growth of the market. Also, consumers prefer these beverages as an alternative to cannabis smoking and consumption of marijuana-infused chocolates, cookies, brownies, and confectionaries like gummies and candies. Off-trade sales channels such as hotels, cafes, restaurants, clubs, and lounges are expected to boost the popularity of the product among consumers.

Strong demand for cannabis beverages from millennials is also anticipated to drive the market growth. As per a 2017 Yahoo News poll, majority of the 55 million recreational marijuana users in the U.S. were millennials. Most millennials consume marijuana socially and only 25% of them consume it alone. A 10-year study by researchers at the University of Connecticut and Georgia State University, completed in 2017, found that in U.S. counties where marijuana was legalized, wine and beer purchases decreased by 15%.

North America is estimated to be the fastest and largest market over the forecast period. The growth is majorly driven by the legalization of marijuana for medical and recreational purposes. As per the National Conference of State Legislatures, a total of 33 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands have approved publicly available medical cannabis programs, resulting in the increased launch of several cannabis drinks. Also, 13 states in the U.S. allow the use of low THC and high CBD products for medical purposes, resulting in high demand for CBD infused cannabis drinks in the region.

Europe is estimated to witness strong growth over the forecast period, owing to a rise in cannabis consumers in the region. As per the Cannabis Trade Association, the number of CBD users in the U.K. increased from 125,000 in 2016 to 250,000 in 2017. Also, the companies operating in the region are launching products to keep up with the growing trend of wellness drinks. For instance, Manchester-based CBD Ultra and Cloud 9 Brewing have launched U.K.’s first CBD Session IPA beer brewed with Cannabis Sativa extract.

Request a free sample copy or view report summary: Cannabis Beverages Market Report

Cannabis Beverages Market Report Highlights

  • By type, the non-alcoholic segment was the largest and fastest-growing segment in 2018 and is expected to continue leading the market over the forecasted period, majorly driven by rising product demand from newcomers and female consumers
  • CBC infused cannabis beverages is estimated to be the fastest-growing segment over the forecast period, owing to the non-psychoactive property of CBD
  • In Europe, the Netherlands holds the largest market share owing to the presence of cafes and restaurants dedicated to cannabis consumption, and the increasing trend of cannabis tourism in the country
  • Some of the key players operating in the global market include New Age Beverages Corporation; The Alkaline Water Company; Phivida Holdings Inc.; Koios Beverage Corporation.; VCC Brand; Dixie Brands Inc.; Keef Brand; Hexo Corp; Aphria; and Canopy Growth

Cannabis Beverages Market Segmentation

Grand View Research has segmented the global cannabis beverages market report on the basis of type, component, and region:

Cannabis Beverages Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Alcoholic
  • Non-Alcoholic

Cannabis Beverages Component Outlook (Revenue, USD Million, 2015 - 2025)

  • Cannabidiol (CBD)
  • Tetrahydrocannabinol (THC)

Cannabis Beverages Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • Netherlands
  • 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.

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...