Microscope Market Size Is Expected To Reach USD 16.2 Billion by 2027

 Microscope Market Growth & Trends

The global microscope market size is expected to reach USD 16.2 billion by 2027, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2027. Growing demand for advanced and high resolution or super resolution medical instruments for conducting R&D exercises in the fields of life sciences and nanotechnology is also expected to have a positive impact on demand over the forecast period.

Emergence of new application areas such as quantum dots and miniature transistor chips will serve this market as future growth opportunities. Quantum dots technology is currently in a nascent stage and is expected to cater to multiple application areas such as in transistors, diode lasers, quantum computing, biological imaging, solid-state lighting, electroluminescent displays and photo-voltaic cells. Optical microscopes dominated the market in 2020, primarily owing to their large application base.

However, due to rising adoption rates of advanced medical instruments, scanning probe microscopes (SPMs) and electron microscopes are expected to gain significant revenue share over the next six years. SPM is expected to be the fastest growing product segment, at an estimated CAGR of 9.3% from 2021 to 2027. Features such as non-dependence on wavelength of the source light, resolving atoms and generating better 3D maps of surfaces are some of the factors expected to increase market penetration for these products.

North America is anticipated to witness significant revenue share over the forecast period. This is attributed to presence of advanced healthcare infrastructure, advanced academic institutes, and research and development centers in the region. In addition, presence of significant number of key market players is also contributing to market growth in the region.

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Microscope Market Report Highlights

• Asia Pacific dominated the market in terms of revenue share in 2020. Evolving demand for semiconductors and positive outlook on application markets is expected to be a key driver for the market in the region
• The life science segment dominated the market and accounted for the largest revenue share in 2020
• Nanotechnology is expected to be the fastest growing application segment at a CAGR of 11.4% from 2021 to 2027
• The optical microscopes segment dominated the market in 2020 owing to a large application scope

Microscope Market Segmentation

Grand View Research has segmented the global microscope market based on product, application, and region:

Microscope Product Outlook (Revenue, USD Million, 2016 - 2027)

• Optical microscopes
  • Upright
  • Inverted
  • Stereomicroscopes
  • Phase Contrast
  • Fluorescence
  • Confocal Scanning
  • Near Field Scanning
  • Others
• Electron microscopes
  • Transmission
  • Scanning Electron
• Scanning probe microscopes
• Others

Microscope Application Outlook (Revenue, USD Million, 2016 - 2027)

• Material Science
• Nanotechnology
• Life Science
• Semiconductors
• Other Applications

Microscope Regional Outlook (Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Microscope Market

• Carl Zeiss Meditec AG
• Bruker Corporation
• CAMECA
• Thermo Fisher Scientific, Inc.
• Nikon Corporation
• Olympus Corporation
• NT-MDT SI
• Hitachi High-Tech Corporation
• JEOL Ltd.
• Oxford Instruments (Asylum Corporation)

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.

Roll-Your-Own Tobacco Product Market Estimated To Flourish By 2028: Grand View Research Inc.

 Roll-Your-Own Tobacco Product Market Growth & Trends

The global roll-your-own tobacco product market size is expected to reach USD 10.42 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.2% from 2021 to 2028. The rising consumption of products among females and students is fueling market growth over the world. The adoption rate of the product is increasing among the youth in major economies, including the U.S. Moreover, the financial stress caused by the COVID-19 pandemic has encouraged numerous smokers to shift from factory-made cigarettes to hand-rolled cigarettes due to the cost advantage of roll-your-own (RYO) tobacco products.

The filter and paper tip segment is expected to register the fastest CAGR of 4.7% from 2021 to 2028. Rapid research and product development of new kinds of filters focusing on removing maximum tar, nicotine, and certain gases are estimated to fuel the segment growth. Furthermore, the introduction of biodegradable or environment-friendly filters is expected to boost the demand for filter and paper tips in the upcoming years.

Europe dominated the market with a revenue share of more than 55.0% in 2020. According to the World Health Organization (WHO), Europe reported the highest prevalence of smoking among adults (28%), with a percentage of the consumption trend observed among adolescents. Cigarettes witnessed the highest consumption among Europeans. The popularity of RYO cigarettes is on the rise among consumers due to the cost-effectiveness of the products and the availability of varied flavors. The consumption of RYO cigarettes in the region is mainly concentrated among men who smoke regularly.

Companies are looking to maintain their brand image and gain customer loyalty by upgrading their offerings according to customer specifications and studying consumer behavior patterns. Key players in the market are offering tobacco products in different sizes, flavors, and attractive packaging. These initiatives by manufacturers are propelling the global demand for premium roll-your-own tobacco products.

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Roll-Your-Own Tobacco Product Market Report Highlights

• North America is expected to register the fastest CAGR of 4.7% from 2021 to 2028 owing to the increasing adoption of the product among the young consumers
• By product, the filter and paper tip segment is expected to register the fastest CAGR of 4.7% from 2021 to 2028
• Europe dominated the market by accounting for over 55.0% in 2020. The rate of smoking in the European countries has contributed to the growth of the market in the region
• Offline distribution channel held the largest share of more than 85.0% in 2020

Roll-Your-Own Tobacco Product Market Segmentation

Grand View Research has segmented the global roll-your-own tobacco product market on the basis of products, distribution channel, and region:

RYO Tobacco Products Outlook (Revenue, USD Million, 2016 - 2028)

• RYO Tobacco
• Rolling Paper & Cigarette Tubes
• Injector
• Filter & Paper Tip

RYO Tobacco Product Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Offline
• Online

RYO Tobacco Product Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Roll-Your-Own Tobacco Product Market

• Imperial Brands
• British American Tobacco
• Japan Tobacco International
• Scandinavian Tobacco Group A/S
• Altria Group, Inc.
• Philip Morris International
• HBI International
• Curved Papers, Inc.
• Karma Filter Tips
• Shine Brands

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.

Honey Market to Reflect a Holistic Expansion During 2021 to 2028: Grand View Research Inc.

 Honey Market Growth & Trends

The global honey market size is expected to reach USD 17.34 billion by 2028 registering a CAGR of 8.2%, according to a new report by Grand View Research, Inc. Rising awareness about maintaining a healthy lifestyle is expected to be the key driver for the market growth over the forecast period. Honey has excellent nutritional and medicinal properties. It improves body immunity, helps in weight management, and prevents blood pressure issues. It is also a rich source of antioxidants and helps in healing burn wounds and scars. Due to such properties, it is widely used in various sectors apart from food & beverages, such as personal care & cosmetics and pharmaceuticals.

Europe was the largest regional market in 2020 and accounted for a revenue share of more than 34.0% in 2020. In January 2018, Altıparmak, a leading honey producer of Turkey, got funding from the European Bank for Reconstruction and Development (EBRD) of USD 4.98 million to develop and advance its value chain. Moreover, it is also used for the improvement of its production and innovation in Apitherapy.

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Honey Market Report Highlights

• The food & beverages application segment was the largest product segment in 2020 and accounted for a share of more than 70%
• However, the personal care & cosmetics application segment is estimated to register the fastest CAGR from 2021 to 2028
• The supermarket/hypermarket distribution channel segment led the market in 2020 and will retain its dominant position throughout the forecast period due to the increasing number of new stores across the globe
• The online segment is expected to register the fastest CAGR of over 8% from 2021 to 2028. The recent global pandemic has forced customers to start shopping through e-commerce, which, in turn, drives the segment growth
• Asia Pacific is expected to remain the fastest-growing regional market over the forecast period on account of the expansion of the food & beverage sector in countries including China, India, and Japan

Honey Market Segmentation

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

Honey Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

• Food & Beverages
• Personal Care & Cosmetics
• Pharmaceutical

Honey Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

• Convenience Stores
• Supermarket/Hypermarket
• Online

Honey Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Honey Market

• Beeyond the Hive
• Dabur India Ltd.
• Patanjali Ayurved
• Capilano Honey Ltd.
• Barkman Honey, LLC.
• New Zealand Honey Co.
• Oha Honey LP
• Bee Maid Honey Ltd.
• Streamland Biological Technology Ltd.
• Dutch Gold Honey, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Reusable Water Bottle Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

 Reusable Water Bottle Market Growth & Trends

The global reusable water bottle market size is expected to reach USD 84.8 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2021 to 2028. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products. Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.

According to Forbes Media LLC, every minute humans buy a million plastic bottles and the fact that 91% of this plastic is not recycled is becoming a threat to the environment. However, the growing demand for environmentally-friendly products and easy-to-carry bottles among consumers is a major factor fueling the market growth.

Metal-based reusable water bottles are gaining increasing traction among consumers. Since water packed in plastic bottles for long durations under various conditions dissolves harmful chemicals from the bottle surface, and thereby does not meet the safe drinking water standards and is unfit and unhealthy for consumption. In such cases, RO and UV filtered municipal water if filled in a reusable bottle, is a healthier alternative, thereby driving the demand for such reusable water bottles.

Therefore, health advantages associated with metal-based bottles, such as restraining harmful chemicals emitted from plastic bottles, are causing greater adoption of the product among consumers. In addition, the multi-purpose usage of stainless-steel water bottles in keeping water cold or hot for longer durations owing to their insulating properties has attracted consumers to these products.

Increasing preference of the younger population for buying various products through specialty stores owing to greater quality, fewer chances of selling counterfeit products, and assistance in buying the products is a key factor boosting the growth of the specialty stores segment.

The majority of the countries in the Asia Pacific market are the ones that consider the price of the product first, hence are said to be cost centric. Consumers can significantly save up to 2,000 times the expenditure on water bottles by preferring reusable water bottles. This factor is supporting the demand for reusable water bottles in the region. The growing trend of refilling water bottles in the region is boosting the demand for reusable water bottles. For instance, Social Innovation Japan launched MyMizu, the first free water refill app, with an aim to reduce PET bottle consumption in Japan. This app connects users to 8,000+ refill stations nationwide. These factors are boosting the demand for reusable water bottles among consumers.

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Reusable Water Bottle Market Report Highlights

• Based on material, plastic is expected to register the highest CAGR over the forecast period
• By distribution channel, supermarkets and hypermarkets accounted for the largest share of 38.4% in 2020
• The online distribution channel segment is expected to expand at the highest CAGR of 4.9% from 2021 to 2028 due to the rising penetration of e-commerce and the low cost of startups
• The Asia Pacific held the largest share of 39.2% in 2020

Reusable Water Bottle Market Segmentation

Grand View Research has segmented the global reusable water bottle market on the basis of material type, distribution channel, and region:

Reusable Water Bottle Material Type Outlook (Revenue, USD Million, 2016 - 2028)

• Glass
• Stainless Steel
• Plastic
• Silicone
• Others

Reusable Water Bottle Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Specialty Stores
• Convenience Stores
• Supermarkets & Hypermarkets
• Online

Reusable Water Bottle Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Reusable Water Bottle Market

• Tupperware Brands Corporation
• SIGG Switzerland AG, GmbH
• Contigo
• CAMELBAK PRODUCTS LLC
• Nalge Nunc International Corp.
• Klean Kanteen Inc.
• Hydaway
• Aquasana, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Home Bedding Market Report by Opportunity, Demand, Major Driving Factors and Business Growth Strategies

 Home Bedding Market Growth & Trends

The global home bedding market size is expected to reach USD 147.09 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.0% from 2021 to 2028. The market is driven by the increasing consumer preference for adjustable beds, which has progressed in the lockdown caused by Covid-19 as an aid to suitably adjust the work-from-home culture. This trend has risen the penetration of customizable mattresses and bed linens, thereby boosting the market growth. Higher residential growth across regions indicating rising housing construction as well as housing permits is bound to revamp the market demand.

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

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

Higher traction towards designed bedrooms is linked to period dramas and active series on the OTT platforms wherein a large chunk of consumers is engaged as a cause of higher time spent indoors. One such period drama influencing a majority of consumers is Netflix’s period drama Bridgerton. It turns out that the hit series has inspired many of us to add a touch of Regency-era decor into homes. Bridgerton bedrooms alone have gained increased popularity, with an 81% increase in Google search since the show aired, according to a blog by Real Homes as of 17^th January 2021. This trend has influenced consumers to adopt layering as adding a mixture of different textures and tones into a bedroom by using cushions, bedsheets, and throws is a simple way to build a luxurious feel. This scenario is likely to offer growth opportunities for the market.

Bed linens held the largest share of 31.6% in 2020. This dominance is primarily due to the increasing consumer preference for quality over brands. This has encouraged manufacturers to offer new and improved quality products with attractive designs. With the increasing preference for superior quality products, companies are focusing on introducing plant-based bed linen that claims to be softer than cotton and provides breathability and moisture control.

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Home Bedding Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR from 2021 to 2028. The regional demand for home bedding products is anticipated to grow due to the increase in the purchasing power of consumers, rising housing constructions, and growing consumer awareness regarding quality as well as sustainable bedding products
• The offline distribution channel segment dominated the market by accounting for 68.9% share in 2020
• By type, the bed linen segment held the largest share of 31.6% in 2020 owing to its higher penetration across households

Home Bedding Market Segmentation

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

Home Bedding Type Outlook (Revenue, USD Million, 2016 - 2028)

• Mattress
• Bed Linen
• Pillows
• Blankets
• Others

Home Bedding Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Offline
• Online

Home Bedding Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Home Bedding Market

• Acton & Acton Ltd.
• American Textile Company
• Beaumont & Brown Ltd
• Boll & Branch LLC
• WestPoint
• Pacific Coast Feather Company
• Hollander
• Portico Inc.
• Crane & Canopy
• Bombay Dyeing

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.

North America Maintenance, Repair & Overhaul Distribution Market Set to Witness an Uptick during 2021 to 2028

 North America MRO Distribution Market Growth & Trends

The North America maintenance, repair & overhaul distribution market size is expected to reach USD 178.85 billion by 2028 registering a CAGR of 2.9%, according to a new report by Grand View Research, Inc. Increasing product penetration in the manufacturing industry on account of standardization of critical services and equipment is expected to drive the market growth. Moreover, increasing product demand from other end-use industries is also likely to support market growth. The periodic maintenance, repair, and overhaul (MRO) activities help reduce overall costs and enhance the productivity of the industrial operations, which is expected to drive their demand.

The MRO distribution or supply chain was traditionally considered an indirect component of the industrial operations. The lack of focus and investments in MRO processes in the past resulted in the slow growth of the industry. However, the recent global pandemic has contributed to raising awareness regarding crisis management of the supply chain in the manufacturing industry, which is expected to benefit the market growth. The value chain of this market includes manufacturers, specialists, generalists, partnerships, integrated supply, and retailers. Manufacturers play a major role across the value chain, by possessing definitive control over the market as they monitor the product pricing. They usually command pricing on a customer-by-customer basis rather than on a distributor-by-distributor basis.

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North America MRO Distribution Market Report Highlights

• Power transmission-pneumatics are expected to witness the fastest growth from 2021 to 2028 on account of the rising utilization of automated transmission in manufacturing facilities
• The food, beverage, & tobacco end-use industry accounted for a revenue share of 13.24% in 2020 owing to the increased focus of key companies on improvements in machine capabilities for enhanced food production
• Minnesota and Missouri were the major contributors to the region’s overall product demand owing to increased investments in the manufacturing and transportation sectors
• The manufacturing sector in Canada is anticipated to witness the fastest growth as the majority of the manufacturers are planning to invest in new equipment and machinery to gain a competitive advantage
• Moreover, manufacturers are trying to expand their customer reach through e-commerce platforms to access a wide range of categories, with significant expertise in the industry

North America MRO Distribution Market Segmentation

Grand View Research has segmented the North America maintenance, repair & overhaul distribution market on the basis of product, end use, and region:

North America MRO Distribution Product Outlook (Revenue, USD Million, 2017 - 2028)

• Abrasives
• Chemicals
• Cutting Tools
• Fasteners
• Hand Tools
• Pipes, Valves & Fitting
• Power Tools
• Power Transmission - Hydraulics
• Power Transmission - Pneumatics
• Power Transmission - Electrics
• Rubber Products
• Seal
• Welding Equipment & Gases
• Automation
• Others

North America MRO Distribution End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Food, Beverage, & Tobacco
• Textile
• Wood & Paper
• Mining, Oil, & Gas
• Metal Processing & Foundry
• Rubber, Plastic & Non-Metallic
• Chemicals
• Pharmaceuticals
• Electrical & Electronics
• Transportation
• Construction
• Others

North America MRO Distribution Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
    • New England
    • Mid Atlantic
    • East North Central
    • West North Central
    • South Atlantic
    • East South Central
    • West South Central
    • West Region
  • Canada

List of Key Players of North America MRO Distribution Market

• Hillman Group, Inc.
• Wajax Industrial Components
• FCX Performance
• SBP Holdings
• R.S. Hughes Co., Inc.
• DGI Supply
• Lawson Products, Inc.
• AWC
• Hisco, Inc.
• Kimball Midwest
• Bisco Industries
• Kaydon Corporation
• BDI

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.

Alginate Market to Reflect Robust Expansion During 2021-2028: Grand View Research Inc.

 Alginate Market Growth & Trends

The global alginate market size is projected to reach USD 1.07 billion by 2028 registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. Rise in product usage as active dyestuff in the textile industry is expected to drive the market over the forecast period. The product is gaining popularity in the food and beverage applications due to rising consumer preference for naturally sourced products. It is predominantly used in the food industry as an emulsifier, gelling agent, and thickening agent. Moreover, increasing application scope in the bakery and confectionery sector is projected to drive the market in the coming years.

Increasing consumption of emulsifiers in salad dressing, chocolate, margarine, peanut butter, and several frozen desserts is also one of the key factors for the growing product demand in the food and beverage application. The product has a wide range of applications in the pharmaceutical sector as well owing to its stabilizing, emulsifying, and thickening properties. Increasing demand in tablet coating owing to lower viscosity and as a capsule disintegrant is expected to fuel the market growth. The Covid-19 pandemic has severely affected the major economies like U.S., Germany, France, Italy, and Brazil. Disruptions in the global supply chain owing to restrictions on the movement of goods have affected product consumption to a certain extent as the production is concentrated in few countries including China, Chile, and Norway.

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Alginate Market Report Highlights

• The high G type segment dominated the market with a revenue share of over 52% in 2020 and is expected to maintain the leading position over the forecast period
• These are guluronic acid blocks, which provide superior gelling performance in food and beverage applications
• The U.S. emerged as one of the major markets at the global level owing to higher product penetration in pharmaceutical applications
• The wound care market is fairly developed in the country with high usage of advanced wound care products consisting of alginates and hence driving its demand
• In August 2019, the nutrition & biosciences business unit of DuPont de Nemours, Inc. launched Dimodan NG 100 emulsifier
• It was marketed as a replacement for hydrated monoglycerides to overcome their disadvantages as they are slippery and could lead to accidents. Moreover, their consistency made it difficult to remove the product out of the bag, leading to wastage

Alginate Market Segmentation

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

Alginate Type Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• High M
• High G

Alginate Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Sodium
• Calcium
• Potassium
• Propylene Glycol
• Others

Alginate Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
  • Bakery
  • Confectionery
  • Meat Products
  • Dairy Products
  • Sauces & Dressings
  • Beverages
  • Others
• Pharmaceutical
• Industrial
• Others

Alginate Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Alginate Market

• Algaia
• Marine Biopolymers Limited
• DuPont de Nemours, Inc.
• Ingredients Solutions, Inc.
• KIMICA
• Ceamsa
• Algea
• Shandong Jiejing Group Corporation

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.

Brain Health Supplements Market is Thriving USD 13.38 Billion Revenue by 2028: Grand View Research Inc.

 Brain Health Supplements Market Growth & Trends

The global brain health supplements market size is expected to reach USD 13.38 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2021 to 2028. The rising awareness among consumers regarding mental health is fueling the adoption of supplements over the world. The increasing brain health issues, such as depression and dementia, boost the demand for the products. Depression, stress, and anxiety are common mental illnesses among adolescents and millennials. Furthermore, the COVID-19 pandemic has heightened the occurrence of these mental illnesses over the world and boosted the demand for brain health supplements.

Natural molecules accounted for the largest market share in 2020. The expansion of this segment is attributed to the easy availability and cost-effectiveness of the products. The natural ingredients in these products, including omega-3 fatty acids, Huperzine-A, and Acetyl-L-carnitine, help in improving the focus and easing stress, anxiety, and depression. Herbal extract products are expected to expand at the fastest CAGR of 9.2% from 2021 to 2028.

The supplements for memory enhancement dominated the market in 2020, with more than 25.0% revenue share due to the increased number of Alzheimer's patients worldwide. According to the Alzheimer's Association, as of 2020, around 5.8 million people in the U.S. had Alzheimer's. The growing number of the aging population has been driving the demand for memory enhancement supplements as memory loss is a widespread illness among the older population.

The industry is competitive with a large number of large and medium-sized firms across the globe. New product launches are expected to remain a key trend in the industry. In April 2019, Reckitt Benckiser Group plc. introduced Neuriva supplement, with complimentary digital support and training program. The product is designed to improve cognitive functions, including focus, memory, and consumers' concentration.

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Brain Health Supplements Market Report Highlights

• By product, the herbal extract segment is expected to register the fastest CAGR of 9.2% from 2021 to 2028 owing to the increasing preference for herbal products among the consumers
• North America dominated the market with over 35.0% revenue share in 2020. Increased concerns about brain health, along with the expanded prevalence of Alzheimer's among elderly people, have been boosting the market growth in the region
• The memory enhancement application segment held the largest share of more than 25.0% in 2020

Brain Health Supplements Market Segmentation

Grand View Research has segmented the global brain health supplements market on the basis of product, application, and region:

Brain Health Supplements Product Outlook (Revenue, USD Million, 2016 - 2028)

• Natural Molecules
• Herbal Extract
• Vitamins & Minerals

Brain Health Supplements Application Outlook (Revenue, USD Million, 2016 - 2028)

• Memory Enhancement
• Attention & Focus
• Depression & Mood
• Sleep & Recovery
• Anti-aging & Longevity
• Stress & Anxiety

Brain Health Supplements Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Brain Health Supplements Market

• Teva Pharmaceutical Industries Ltd.
• HVMN Inc.
• Purelife Bioscience Co., Ltd.
• Peak Nootropics
• AlternaScript
• Liquid Health, Inc.
• Natural Factors Nutritional Products Ltd.
• Reckitt Benckiser Group plc.
• Onnit Labs, Inc.
• Quincy Bioscience

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. Packaged Food Market to Register Steadfast CAGR of 4.1% from 2021 to 2028

 

U.S. Packaged Food Market Growth & Trends

The U.S. packaged food market size is expected to reach USD 1,376.00 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.1% from 2021 to 2028. The increasing product innovation, innovative packaging, changing lifestyle, rising number of dual-income families, and hectic schedules of consumers have boosted the demand for packaged foods in the U.S. Moreover, the growing trend of plant-based and organic foods is driving the market. With the rising health consciousness, consumers are gradually shifting toward healthy food and drink alternatives. As a result, food products with low-calorie, low-fat, gluten-free, sugar-free, and organic claims gain traction among consumers.

The beverages product segment accounted for the largest share of over 20.0% in 2020, followed by the dairy products segment. Healthy drinks made with natural ingredients and less sugar are gaining traction among consumers. Furthermore, increasing demand for functional beverages is fueling the growth of this product segment. Milk, butter, and cheese have wide application in the daily lives of consumers in the U.S. In addition, lately, yogurt and yogurt drinks are gaining significant popularity across the nation.

The market is highly competitive with a large number of well-established companies across the country. Consumers have been preferring companies that are known for prioritizing sustainable production and environment-friendly packaging. As a result, several companies are focusing on sustainable packaging and a transparent supply chain. For instance, in January 2020, Nestlé announced to invest up to USD 2.12 billion in advanced sustainable packaging solutions to shift to food-grade recycled plastics from virgin plastics. The company has committed to making 100% of its packaging reusable or recyclable by 2025.

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U.S. Packaged Food Market Report Highlights

• By product, the beverages segment held the largest share of more than 20.0% in 2020. The strong popularity of such products among consumers as healthy drinks is expected to remain a favorable factor for the segment growth over the next few years
• The ready-to-eat meals product segment is expected to register the fastest CAGR of 5.7% from 2021 to 2028 owing to the busy lifestyle and hectic work schedule of the consumers
• In terms of distribution channel, the supermarkets and hypermarkets segment dominated the market by accounting for over 65.0% share in 2020. Over the past few years, consumers are preferring these distribution channels owing to the availability of a wide range of products and significant price discounts offered in these stores

U.S. Packaged Food Market Segmentation

Grand View Research has segmented the U.S. packaged food market on the basis of product and distribution channel:

U.S. Packaged Food Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Others
• Ice Creams & Frozen Novelties
• Rice, Pasta, & Noodles
• Processed Meats
• Breakfast Cereals
• Ready-to-Eat Meals
• Sauces, Dressings, & Condiments
• Beverages
• Snacks & Nutritional Bars
• Dairy Products
• Bakery & Confectionery Products

U.S. Packaged Food Distribution Channel Outlook (Revenue, USD Billion, 2016 - 2028)

• Supermarkets & Hypermarkets
• Convenience Store
• Online
• Others

List of Key Players of U.S. Packaged Food Market

• Nestlé S.A.
• The Coca-Cola Company
• PepsiCo
• Tyson Foods, Inc.
• Mars, Incorporated
• Cargill, Incorporated
• The Kraft Heinz Company
• General Mills Inc.
• Conagra Brands, Inc.
• Kellogg Co.

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.

Carbonated Soft Drink Market Expected to Deliver Dynamic Progression By 2028

 Carbonated Soft Drink Market Growth & Trends

The global carbonated soft drink market size is expected to reach USD 320.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.7% from 2021 to 2028. The demand for carbonated soft drinks is influenced by an increased disposable income, customer preferences, and a growing population. The industry has numerous prominent players who are similar in size and product offerings. Many of these leaders create new product lines and actively participate in advertising wars. As numerous competitors are equally balanced, competitor rivalry is intense.

Omni-channel marketing and retailing have proved to be highly beneficial for manufacturers as they help companies leverage new tools for product launches and drive sales. Direct-to-customer is one of the most popular strategies to enhance profit margins, wherein the manufacturers would have complete control over the quality of products as well as services.

Carbonated soft drinks are being innovated in terms of taste, appearance, texture, and ingredients depending upon the target age group. Soft drinks, specially designed for children and the elderly, are usually tailored to the appropriate needs of these consumer groups and an increasing number of players catering to these two segments can be seen mushrooming in the market.

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Carbonated Soft Drink Market Report Highlights

• The cola flavor segment held the largest share of over 55.0% in 2020 owing to the first mover’s advantage. The citrus flavor is expected to register the fastest CAGR of 4.9% from 2021 to 2028. The industry participants are expected to increase spending on developing carbonated soft drinks fortified with citrus flavors in order to expand their reach
• By distribution channel, the hypermarkets, supermarkets & mass merchandisers segment accounted for the largest share of more than 20.0% in 2020. A large number of consumers prefer buying these drinks from supermarkets and general merchandisers due to the shopping experience offered by these stores
• The online stores and D2C segment is expected to remain one of the key buying mediums among buyers as a result of increasing consumers’ willingness to pay a premium for mobile and internet shopping
• Central and South America held the largest share of over 25.0% in 2020. The young population, along with the availability of products from across the globe, is leading to a robust consumption of carbonated soft drinks in the countries, such as Brazil, Argentina, and Venezuela

Carbonated Soft Drink Market Segmentation

Grand View Research has segmented the global carbonated soft drink market on the basis of flavor, distribution channel, and region:

Carbonated Soft Drinks Flavor Outlook (Revenue, USD Billion, 2016 - 2028)

• Cola
• Citrus
• Others

Carbonated Soft Drinks Distribution Channel Outlook (Revenue, USD Billion, 2016 - 2028)

• Hypermarkets, Supermarkets & Mass Merchandisers
• Convenience Stores & Gas Stations
• Food Service Outlets
• Online Stores & D2C
• Others

Carbonated Soft Drinks Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Carbonated Soft Drink Market

• ANADOLU GRUBU A.Ş.
• Danone
• JONES SODA CO.
• Keurig Dr Pepper Inc.
• Monster Energy Company
• National Beverage Corp.
• PepsiCo
• Refresco Group
• SODASTREAM INTERNATIONAL LTD.
• SUNTORY BEVERAGE & FOOD LIMITED
• The Coca-Cola Company

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.

Precast Concrete Market to Witness Tremendous Growth and Expansion by 2028

 Precast Concrete Market Growth & Trends

The global precast concrete market size is expected to reach USD 139.33 billion by 2028 registering a CAGR of 5.3%, according to a new report by Grand View Research Inc. Growing product utilization in the residential construction industry to reduce the overall cost of construction is expected to drive the market growth over the forecast period. China, India, Indonesia, and Vietnam are some of the major Asian economies that are witnessing an infrastructure boom. Thus, growing investments in the construction of underground and over the ground metro rail projects, bridges, tunnels, subways, and high-speed rail networks are anticipated to provide a major boost to the global market.

The product use helps the construction companies to achieve economies of scale, reduce overall labor requirements, and ensure the quality of the finished concrete modules. In addition, it also helps in speeding up the overall process and helps achieve significant savings, in terms of the overall time and cost required to complete the project. Key players in the market have undertaken several strategies, such as joint venture agreements with the local construction companies, to access the local markets. For instance, companies, such as Gulermak A.S. and Shanghai Tunnel Engineering Company are successfully carrying out metro rail construction projects in India in partnership with local companies.

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Precast Concrete Market Report Highlights

• In China, the structural building components segment is expected to grow at a CAGR 7.3% over the forecast period on account of the growing adoption of precast building structural piles and other foundational structures
• In 2020, the revenue for the residential end-use segment in the North America region stood at USD 10.62 billion owing to wide usage of precast architectural building components, such as walls, staircases, and bathroom pods, in residential construction
• In India, the infrastructure end-use segment is expected to grow at the fastest CAGR of 8.6% over the forecast period
• This growth can be attributed to the growing investments in the construction of various infrastructure projects, such as metro rail, high-speed train network, and bridges
• Technological advancements in concrete admixtures and construction chemicals are having a positive impact on the global market as these products help reduce the required curing time for the concrete and help reduce the overall construction time

Precast Concrete Market Segmentation

Grand View Research has segmented the global precast concrete market on the basis of product, end-use, and region:

Precast Concrete Product Outlook (Revenue, USD Billion, 2017 - 2028)

• Structural Building Components
• Architectural Building Components
• Transportation Products
• Water & Waste Handling Products
• Others

Precast Concrete End-use Outlook (Revenue, USD Billion, 2017 - 2028)

• Residential
• Non-residential
• Infrastructure

Precast Concrete Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Precast Concrete Market

• Boral Ltd.
• Lafarge
• Gulf Precast Concrete Co. LLC
• Olson Precast Company
• CEMEX S.A.B. de C.V.
• Forterra
• Tindall Corporation
• Spancrete
• ELO Beton
• Gulermak A.S.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Agro Textiles Market Key Players ,Industry Share ,Growth, And Forecast To 2028: Grand View Research Inc.

 Agro Textiles Market Growth & Trends

The global agro textiles market size is expected to reach USD 13.04 billion by 2028 registering a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Commercialization of bio-based agricultural films coupled with rising global farming standards and technological advancements are expected to drive the market over the forecast period. Increasing demand for organic products due to changing consumer lifestyles and the increased significance of agro textile in various applications is projected to drive the market.

Moreover, the high demand for food supply due to the growing population exerts pressure on crop production resulting in the rising need for high-quality products. Thus, technological advancements and significant R&D investments for the development of novel products and applications offer ample growth opportunities to the market.

However, fluctuations in the raw material prices, higher production costs, and a high degree of complexity in the manufacturing processes are expected to hinder the market growth. The industry is highly fragmented and competitive with several multinational companies controlling a significant market share. The overall market had witnessed a large backdrop due to the Covid-19 pandemic and its associated effects are projected to restrain the market growth to some extent.

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Agro Textiles Market Report Highlights

• The fishing nets product segment is expected to witness the fastest CAGR from 2021 to 2028 on account of rising demand for these nets as a result of significant use of fish and associated products in the food, skincare, and other industries
• Aquaculture was the dominant application segment in 2020 and is expected to reach USD 7.89 billion by 2028 owing to the rise in aquafarming activities
• Asia Pacific is estimated to witness the fastest CAGR, in terms of revenue, from 2021 to 2028
• This growth can be credited to the surge in demand for high-quality agriculture products and increasing awareness & adoption of advanced materials and tools in the agriculture sector
• The market in China is estimated to witness significant growth over the forecast period on account of advancements in the sector, which boost product demand
• The prominent manufacturers emphasize the advancement and innovation through extensive R&D. Key players have achieved integration among the value chain to strengthen their market positions

Agro Textiles Market Segmentation

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

Agro Textiles Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Shade-nets
• Mulch-mats
• Anti-hail Nets and Bird Protection Nets
• Fishing Nets
• Others

Agro Textiles Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Agriculture
• Horticulture & Floriculture
• Aquaculture
• Others

Agro Textiles Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Agro Textiles Market

• Beaulieu Technical Textiles
• Belton Industries, Inc.
• Meyabond Industry & Trading (Beijing) Co. Ltd.
• Capatex Ltd.
• Neo Corp International Ltd.
• Diatex
• Hy-Tex (U.K.) Ltd.
• Zhongshan Hongjun Nonwovens Co. Ltd.
• SRF Ltd.
• Tama Plastic Industry
• Hebei Aining Import and Export Co. Ltd.
• B&V Agro Irrigation Co.

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.

Flooring Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 

Flooring Market Growth & Trends

The global flooring market size is expected to reach USD 621.54 billion by 2028 registering a CAGR of 6.1%, according to a new report by Grand View Research Inc. Rising urbanization and expansion of ultramodern workspaces and offices coupled with evolving consumer lifestyle are expected to drive the market growth.

The rapidly growing global construction industry and the resultant demand for insulation are expected to boost the market growth. The increased availability of innovative construction solutions with attributes, such as low maintenance and high durability, is anticipated to have a positive impact on the market.

The development of innovative floor covering solutions and changing consumer trends in construction solutions and floor designs have been critical in the industry development over the last few years. A high degree of integration is observed between the prominent players to achieve optimum business growth in the market. Mergers & acquisitions and joint ventures are undertaken by companies to extend their business portfolio and geographical reach.

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Flooring Market Report Highlights

• The resilientproduct segment is expected to ascend at the fastest CAGR of 6.8% from 2021 to 2028 on account of the wide acceptance of performance floorings including rubber, vinyl, carpet, linoleum, cork, and others
• In 2020, the residential application segment dominated the market with a share of 54.3% and is likely to expand further at a steady CAGR from 2021 to 2028
• The segment growth is attributed to the rising residential building construction activities across the globe
• On the other hand, the industrial application segment is expected to record the maximum growth rate during the forecast period
• Asia Pacific is estimated to be the largest regional market by 2028; however, MEA is projected to register the fastest CAGR over the forecast period
• Prominent players in the market are focusing on the acquisitions of smaller companies to enhance their product portfolio and strengthen their presence in the global market

Flooring Market Segmentation

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

Flooring Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Soft Covering
• Resilient
• Non-resilient
• Seamless

Flooring Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Residential
• Commercial
• Industrial

Flooring Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Flooring Market

• Mohawk Industries, Inc.
• Tarkett, S.A.
• AFI Licensing
• Shaw Industries, Inc.
• Interface, Inc.
• Gerflor
• Mannington Mills, Inc.
• Polyflor

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.

Gene Expression Market Forecasted to Grow at Steady Pace During 2021-2028

 Gene Expression Market Growth & Trends

The global gene expression market size is anticipated to reach USD 19.4 billion by 2028 registering a CAGR of 9.96% from 2021 to 2028, according to a new report by Grand View Research, Inc. Rise in investments for the development of alternative drug discovery approaches coupled with an increase in research activities for genetic studies is expected to drive the global market.

A rise in awareness about the potential application of genetic studies has led to an increase in investments for the development and launch of novel products. For instance, in August 2020, Lexogen GmbH launched the QuantSeq-Pool Sample-Barcoded 3’ mRNA-Seq Library Prep Kit to expedite multiplexing capacities during gene expression profiling. The company’s new QuantSeq-Pool kit also facilitates the sequencing of up to 36,864 RNA samples in parallel, thereby reducing cost and time. 

Furthermore, the decrease in cost associated with sequencing posed as a major driver in the last few years. According to the National Human Genome Research Institute (NHGRI), the cost of sequencing per genome reduced from USD 46.77 thousand in 2010 to USD 0.689 thousand in 2020. This dramatic 98.5% decline in sequencing costs within a decade has increased research involving genomic expression profiling studies.

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Gene Expression Market Report Highlights

• cDNA synthesis & conversion dominated the process segment in 2020. High demand for personalized medicine coupled with technological advancements in sequencing techniques has enhanced the application of cDNA synthesis to produce genomic libraries
• Moreover, the introduction of systems that provide direct library synthesis has eliminated the need for prior steps, which increases revenue share
• Kits and reagents product generated the largest revenue in 2020 due to their high usage during the process
• In addition, ongoing innovation in the kits and reagents dedicated for specific applications contributes to the highest share of the segment
• High-Plex capacity is expected to register the fastest CAGR during the forecast period owing to the higher accuracy and increased application in cancer research
• RNA exp. was the largest revenue-contributing technique in 2020 owing to higher adoption of RNA exp. analysis
• Moreover, the introduction of high-throughput validation methods, such as targeted RNA sequencing, which are useful in broader screening technologies, has increased the revenue generation in the segment
• The drug discovery & development segment accounted for the largest revenue share in 2020 as Gene Exp. Signature (GES) is commonly used for the development of novel molecules for multifactorial cellular diseases like cancer, diabetes, tuberculosis, malaria, AIDS, and other infectious diseases
• North America was the dominant regional market in 2020. This can be attributed to the high adoption of advanced gene exp. technology in the region
• Major market participants, such as Thermo Fisher Scientific, Inc. and Agilent Technologies, have undertaken strategic initiatives to strengthen their position in the market
• In March 2020, Thermo Fisher Scientific, Inc. launched the PowerTrack SYBR Green PCR Master Mix for real-time PCR workflow. The product is intended to amplify targets for precise analysis

Gene Expression Market Segmentation

Grand View Research has segmented the global gene expression market on the basis of process, product, capacity, technique, application, and region:

Gene Expression Process Outlook (Revenue, USD Million, 2017 - 2028)

• Sample Collection
• Purification
• cDNA Synthesis & Conversion
• PCR Analysis
• Data Analysis & Interpretation

Gene Expression Product Outlook (Revenue, USD Million, 2017 - 2028)

• Kits & Reagents
• DNA Chip/Microarray
• Others

Gene Expression Capacity Outlook (Revenue, USD Million, 2017 - 2028)

• Low- to Mid-Plex
• High-Plex

Gene Expression Technique Outlook (Revenue, USD Million, 2017 - 2028)

• RNA Exp.
  • Northern Blotting
  • DNA Microarrays
  • PCR Techniques
  • RNA-Seq
• Promoter Analysis
  • In vitro Transcription/Nuclear Run-On Assays
  • Gel Shift Assays
  • Chromatin Immunoprecipitation (ChIP) Assays
• Protein Exp. & Posttranslational Modification Analysis
  • Western Blotting
  • 2-D Gel Electrophoresis
  • Immunoassays
  • Mass Spectrometry

Gene Expression Application Outlook (Revenue, USD Million, 2017 - 2028)

• Drug Discovery & Development
• Clinical Diagnostics
  • RNA Exp.
  • Other Techniques
• Biotechnology & Microbiology
• Others

Gene Expression Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Gene Expression Market

• QIAGEN
• Quest Diagnostics, Inc.
• Hoffmann-La Roche Ltd.
• Illumina, Inc.
• PerkinElmer, Inc.
• Bio-Rad Laboratories
• Thermo Fisher Scientific, Inc.
• Agilent Technologies
• GE Healthcare
• Promega Corp.
• Luminex Corp.
• Takara Bio, Inc.
• Danaher Corp.
• ELITechGroup
• AutoGenomics
• Biocartis NV
• IntegraGen
• Interpace Biosciences, Inc.
• Fluidigm Corp.

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 Service Equipment Market Trends, Growth Prospects To 2028: Grand View Research Inc.

 Food Service Equipment Market Growth & Trends

The global food service equipment market size is estimated to reach USD 50.01 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at an estimated CAGR of 5.5% from 2021 to 2028. The increasing trade activities in the food and beverage industry, upsurge in travel and tourism activities, changing food consumption habits, and rise in disposable incomes are some of the key factors driving the growth of this market.

Equipment manufacturers are focusing on mergers and acquisitions to introduce state-of-the-art product offerings for attaining a competitive edge in the market. For instance, in 2019, SMEG S.p.A collaborated with Dolce & Gabbana S.r.l. for special styling of Fab28 SMEG refrigerator, which was encouraged by old Sicilian art. This collaboration was aimed at developing products in captivating designs consumers would like to incorporate in their modular, open commercial kitchen spaces. Furthermore, the pressing need to conserve energy has compelled manufacturers to focus on the development of energy-efficient appliances for commercial kitchens. Appliances are being integrated with bidirectional internet of things (IoT) connectivity. These connected appliances can automatically alert kitchen staff to increase the preparation uptime. Additionally, the increasing number of restaurants across the globe is also driving the market. As per the National Restaurant Association, the U.S region itself accounts for more than 1 million restaurants of different kinds and sizes.

The COVID-19 breakout and the subsequent lockdowns imposed by governments worldwide to minimize its communal spread at the beginning of 2020 had a substantial negative impact on the market for food service equipment. Various industries such as food and beverage, travel and tourism, and hospitality have been severely impacted by the temporary shutdown of manufacturing units, transportation, and logistic operations. Relaxations announced by several governments in the mid of 2020 led to the gradual increase in the online delivery business and takeaway from restaurants and hotels, resulting in some recovery of the food and beverage industry.

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Food Service Equipment Market Report Highlights

• In terms of geography, Asia Pacific is estimated to emerge as the fastest-growing regional market with a CAGR of close to 7.0% from 2021 to 2028
• In terms of product, the kitchen purpose equipment segment dominated the market with a revenue share of over 35.0% of the overall market in 2020
• Expanding at a CAGR around 5.0% from 2021 to 2028, the Full Service Restaurant (FSR) end-user segment is estimated to dominate the market over the forecast period

Food Service Equipment Market Segmentation

Grand View Research has segmented the global food service equipment market on the basis of product, end-user, and region:

Food Service Equipment Product Outlook (Revenue, USD Billion, 2016 - 2028)

• Kitchen Purpose Equipment
• Cooking Equipment
• Food & Beverage Preparation Equipment
• Refrigeration Equipment
• Ware Washing Equipment
• Food Holding & Storing Equipment
• Others

Food Service Equipment End-user Outlook (Revenue, USD Billion, 2016 - 2028)

• Full Service Restaurant (FSR)
• Quick Service Restaurant (QSR)
• Institutional
• Others

Food Service Equipment Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

List of Key Players of Food Service Equipment Market

• AB Electrolux
• Ali Group S.r.l. a Socio Unico
• Dover Corporation
• Duke Manufacturing
• Haier Group
• SMEG S.p.A.
• The Middleby Corporation

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.