Protein Ingredients Market Size Is Expected To Reach $85.5 Billion By 2028

 

Protein Ingredients Market Growth & Trends

The global protein ingredients market size is expected to reach USD 85.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.

Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.

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Protein Ingredients Market Report Highlights

• By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment
• Animal/dairy proteins held the largest revenue share of over 70.0% in 2020 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers
• North America dominated the market with more than 40.0% share of the global revenue in 2020 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market
• The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

Access Press Release@ https://www.grandviewresearch.com/press-release/global-protein-ingredients-market-analysis

Protein Ingredients Market Segmentation

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

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Plant Proteins
  • Cereal-based
  • Legumes-based
  • Root-based
  • Nuts & Seeds-based
  • Ancient Grains
• Animal/Dairy Proteins
  • Egg Protein
  • Milk Protein Concentrates/Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates
  • Whey Protein Isolates
  • Gelatin
  • Casein/Caseinates
  • Collagen Peptides
• Microbe-based Proteins
  • Algae
  • Bacteria
  • Yeast
  • Fungi
• Insect Protein
  • Coleoptera
  • Lepidoptera
  • Hymenoptera
  • Orthoptera
  • Hemiptera
  • Diptera
  • Others

Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Food & Beverages
  • Bakery & Confectionery
  • Beverages
  • Breakfast Cereals
  • Dairy Alternatives
  • Dietary Supplements/Weight Management
  • Meat Alternatives & Extenders
  • Snacks
  • Sports Nutrition
  • Others
• Infant Formulations
• Clinical Nutrition
• Animal Feed
• Others

Protein Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Protein Ingredients Market

• DuPont
• Rousselot
• Archer Daniels Midland Company
• Burcon NutraScience
• Tessenderlo Group
• Kewpie Corporation
• Roquette Frères
• The Scoular Company
• CHS Inc.
• Mead Johnson & Company, LLC

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.

Blockchain Technology Market Get Facts About Business Strategies 2021 to 2028

 Blockchain Technology Market Growth & Trends

The global blockchain technology market size is expected to reach USD 394.60 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 82.4% from 2021 to 2028. The growth can be attributed to the increasing number of merchants accepting cryptocurrency. At the same time, the growing interest of financial institutes in blockchain technology is also driving market growth.

High investments in blockchain by leading banks and other financial institutions have led to various advancements in technology, thereby improving efficiency. The technology is anticipated to shape the banking sector by bringing a new age of efficiency. Other factors contributing to the high adoption of the technology include eradication of the need for authenticating transaction processes, reduction of error rates, elimination of reconciliation, and facilitation of faster settlement.

Retail stores are increasingly adopting blockchain technology for seamlessly handling business relations and supply chains. For instance, in October 2019, Walmart started piloting blockchain technology to track shrimp exports from Indian farmers to an overseas retailer. This shrimp supply chain, backed by blockchain technology helped in improving the quality of products for compliance purposes.

The COVID-19 pandemic is anticipated to impact market growth favorably in the near future. Various industries used blockchain technology for improving the supply chain during the COVID-19 pandemic as blockchain technology has the capability of overcoming the challenges faced by the traditional supply chain, such as inefficiency and high cost

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Blockchain Technology Market Report Highlights

• In terms of type, the public cloud segment is expected to retain its dominance over the forecast period. The growing government tendency to inculcate efficient and open transactions is driving the segment growth
• In terms of components, the infrastructure and protocol segment dominated the market in 2020 and is expected to witness growth over the forecast period. The growing demand for blockchain protocols such as Hyperledger and Openchain is driving the segment growth
• In terms of application, the payment segment dominated the market in 2020. The capability of blockchain technology to provide transparency in transactions is driving the segment growth
• In terms of enterprise size, the large enterprise segment dominated the market in 2020. The rapid adoption of blockchain technology by large enterprises to enable digital services across different business channels is driving the segment growth
• In terms of end use, the financial services segment dominated the market in 2020. The increasing investment in blockchain technology by finance service providers is driving the segment growth
• The increasing adoption of blockchain technology in emerging economies such as China and India is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-blockchain-technology-market

Blockchain Technology Market Segmentation

Grand View Research has segmented the global blockchain technology market on the basis of type, component, application, enterprise size, end-use, and region:

Blockchain Technology Type Outlook (Revenue, USD Million, 2016 - 2028)

• Public
• Private
• Hybrid

Blockchain Technology Component Outlook (Revenue, USD Million, 2016 - 2028)

• Application & Solution
• Infrastructure & Protocols
• Middleware

Blockchain Technology Application Outlook (Revenue, USD Million, 2016 - 2028)

• Digital Identity
• Exchanges
• Payments
• Smart Contracts
• Supply Chain Management
• Others

Blockchain Technology Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

• Large Enterprises
• Small & Medium Enterprises

Blockchain Technology End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Financial Services
• Government
• Healthcare
• Media & Entertainment
• Retail
• Transportation & Logistics
• Travel
• Others

Blockchain Technology Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Blockchain Technology Market

• IBM Corporation
• Microsoft Corporation
• Linux Foundation
• BTL Group Ltd.
• Chain, Inc.
• Circle Internet Financial Limited
• Deloitte Touche Tohmatsu Limited
• Digital Asset Holdings, LLC
• Global Arena Holding, Inc. (GAHI)
• Monax
• Ripple

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.

Cell Therapy Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

 Cell Therapy Market Growth & Trends

The global cell therapy market size is expected to reach USD 23.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.5% from 2021 to 2028. The emergence of new technologies to support the development of advanced cellular therapies has aided in market growth. Companies are leveraging new technologies not only for the expansion of their product portfolio but also for establishing out-licensing or co-development agreements with other entities to support their product development programs.

Cell-based therapies hold great potential for replacing, repairing, restoring, or regenerating damaged tissues, and organs. Researchers are making huge investments in the development of such effective and safe treatments as an alternative to conventional treatment strategies which can be further attributed to the market growth. Out of all therapeutic areas, oncology has the highest number of ongoing clinical trials. T cells, CD34+ and/or CD133+ stem cells, mesenchymal stem/stromal cells are predominantly employed for clinical investigation.

The majority of biopharmaceutical entities have been affected by the COVID-19 pandemic, while several cellular therapy development companies have witnessed a strongly negative impact, which can be attributed to complications in logistics as well as the manufacturing models employed in this industry. In addition, substantial and stable funding is imperative to ensure successful commercial translation of cell-based therapeutics, a factor that was negatively affected in 2020, further affecting the market growth.

A survey conducted recently among executives of more than 15 European and U.S. cellular therapy companies indicated that disruption caused by the pandemic was significant, which demanded market entities to create strategies to sustain themselves and plan the next wave of innovative therapies.

Key issues faced by companies operating in the market include on-time delivery of therapies to patients at required clinical sites. In addition, the administration of these therapeutics poses several post-pandemic challenges. Hospitals are hesitant in offering services, owing to concerns over transmission of SARS-CoV-2, particularly to vulnerable individuals. Moreover, patients have not been able to visit cellular therapy centers either, owing to the lockdowns and travel bans.

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Cell Therapy Market Report Highlights

• The research-use segment dominated the market and accounted for the highest revenue share in 2020 attributed to extensive research activities for developing effective cell and gene therapies
• Several cells such as neural, epithelial, bone marrow mononuclear, fibroblasts, corneal, antigen-presenting, and chondrocytes, are being explored for the development of novel therapies
• The clinical-use segment is expected to witness relatively slow growth through the forecast period owing to the limited number of FDA-approved cellular therapies
• Moreover, there is a withdrawal of several commercialized products and less number of approved products for clinical-use which further affects the growth of the clinical-use segment
• Based on the therapeutic area, the malignancies segment accounted for the largest revenue share in 2020 owing to the rising application of stem cells in treating various cancers such as acute myeloid leukemia, multiple myeloma, and non-Hodgkin lymphoma
• The autologous therapies segment accounted for the largest revenue share in 2020 and it continues the trend through the forecast period owing to the high survival rate associated with this transplant type and relatively high adoption rate
• The allogenic therapies segment is expected to witness gradual growth through the forecast period owing to the high risk of transplant rejection and high cost associated with allogenic transplants
• North America has emerged as the highest revenue-generating region in 2020 owing to extensive investments made by the federal bodies for expanding cellular therapy research in the region
• In Asia Pacific, the market is expected to witness a lucrative growth rate owing to relatively inexpensive manufacturing and operating units, the presence of a large regional population, and untapped potential

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cell-therapy-market

Cell Therapy Market Segmentation

Grand View Research has segmented the global cell therapy market on the basis of use-type, therapy type, and region:

Cell Therapy Use-type Outlook (Revenue, USD Million, 2017 - 2028)

• Clinical-use
  • By Therapeutic Area
    • Malignancies
    • Muscoskeletal disorders
    • Autoimmune disorders
    • Dermatology
    • Others
  • By Cell Type
    • Stem Cell Therapies
      • BM, Blood, & Umbilical cord-derived Stem Cells
      • Adipose-derived cells
      • Others
    • Non-stem Cell Therapies
  • Research-use

Cell Therapy Type Outlook (Revenue, USD Million, 2017 - 2028)

• Allogenic Therapies
• Autologous Therapies 

Cell Therapy Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Cell Therapy Market

• Kolon TissueGene, Inc.
• Anterogen Co., Ltd.
• JCR Pharmaceuticals Co., Ltd.
• Castle Creek Biosciences, Inc.
• The Future of Biotechnology, MEDIPOST
• Osiris Therapeutics, Inc.
• PHARMICELL Co., Ltd
• Tameika Cell Technologies, Inc.
• Cells for Cells
• NuVasive, Inc.
• Vericel Corporation
• Celgene 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.

Medical Devices Reimbursement Market Estimated to Experience a Hike in Growth by 2028

 Medical Devices Reimbursement Market Growth & Trends

The global medical devices reimbursement market size is expected to reach USD 892.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.8% from 2021 to 2028. The rising number of regulatory reforms and increasing efforts of healthcare providers to reduce cost and improve the quality of medical devices are anticipated to propel market growth.

Medical device reimbursement is defined as the payment a third-party private or public insurer pays a healthcare provider for the cost incurred while using medical equipment. The major factors fueling the growth of the market are growing dependence on reimbursement, increasing prevalence of chronic diseases, and growing preventive care. Focus on early diagnostics and preventive care may in turn lead to higher activity within the diagnostic device industry, thus promoting more reimbursement share from them. For instance, a fundamental paradigm shift towards incentivizing early diagnosis through reimbursement is noticed across developed economies, such as by screening for breast cancer.

With an increasing demand for medical equipment, reimbursement services are expected to provide various opportunities for healthcare industries to poach upon. Additionally, the increasing number of people pursuing insurance, and consolidation of the healthcare system are major factors fueling the market.

North America dominated the market and accounted for the largest revenue share of about 50.0% in 2020, and is expected to maintain its dominance over the forecast period. Increasing adoption of healthcare device reimbursement and the rising awareness with regard to cost implications are expected to drive the market in the region. In addition, the rising demand for healthcare equipment and the increasing number of healthcare centers is expected to drive the market in this region. The growing prevalence of chronic diseases is driving the demand for various healthcare instruments. Even though the advent of COVID-19 has severely affected the medical device industry, demand for homecare medical equipment has increased. This, in turn, is positively impacting the reimbursement coverage of remote monitoring devices, wearable devices, home infusion equipment, and durable healthcare instruments.

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Medical Devices Reimbursement Market Report Highlights

• The private payer segment dominated the market with a share of 65.1% in 2020 due to the presence of a large number of private players
• The hospital segment dominated the market with a share of 53.4% in 2020 due to recent technological developments and high patient footfall requiring the use of healthcare instruments
• North America is expected to dominate the market over the forecast period owing to a strong reimbursement framework
• In the Asia Pacific, the market is projected to witness rapid growth during the forecast period owing to the rising penetration of insurance services in rural and urban areas

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Medical Devices Reimbursement Market Segmentation

Grand View Research has segmented the global medical devices reimbursement market based on payer, healthcare setting, and region:

Medical Devices Reimbursement Payers Outlook (Revenue, USD Billion, 2016 - 2028)

• Public
• Private

Medical Devices Reimbursement Healthcare Setting Outlook (Revenue, USD Billion, 2016 - 2028)

• Hospitals
• Outpatient Facilities
• Others

Medical Devices Reimbursement Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Medical Devices Reimbursement Market

• Aviva
• Nippon Life Insurance
• CVS Health
• WellCare Health Plans
• BNP Paribas
• Aetna
• Allianz
• Humana
• Cigna
• UnitedHealth Group

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.

Aromatherapy Market With Strong Application and Scope By 2028

 Aromatherapy Market Growth & Trends

The global aromatherapy market size is anticipated to reach USD 3.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.6% from 2021 to 2028. Rising awareness regarding the positive impact of essential oils on the well-being and health of consumers coupled with the growing demand for natural products is likely to boost aromatherapy market growth over the forecast period.

Increased focus on mental health coupled with the rising adoption of essential oils for the management of mental health problems is expected to drive the market. Furthermore, the growing acceptance of aromatherapy in medical facilities, including clinics and hospitals, is anticipated to augment the demand for aromatherapy diffusers and essential oils.

The demand for aromatherapy in-home use is likely to witness significant growth amid the COVID-19 crisis on account of the lockdown measures taken by various governments, resulting in people staying at home. Furthermore, the demand for aromatherapy in hospitals and clinics also witnessed growth owing to the increased utilization by institutions for treating COVID-19, infected patients.

The growing adoption of aromatherapy for alleviating conditions such as anxiety, depression, nausea, and insomnia during the lockdown is expected to impact market growth positively. The demand for essential oils, especially tea tree and eucalyptus oil is expected to witness growth amidst the pandemic on account of their antiseptic and antibacterial properties.

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Aromatherapy Market Report Highlights

• The demand for aromatherapy diffusers is expected to witness growth at an estimated CAGR of 8.8% from 2021 to 2028 owing to the growing preference for diffusers as they help in gaining the therapeutic benefits from essential oils
• The relaxation application segment accounted for 23.2% of the global revenue share in 2020 on account of an increase in the number of people suffering from stress and anxiety coupled with a growing preference for natural treatment to get relief from stress
• The e-commerce distribution channel segment is anticipated to witness growth at a CAGR of 12.2% over the forecast period on account of benefits associated with this channel, such as convenience, availability of a wide range of products, and ease-of-buying
• In September 2020, Stadler Form Aktiengesellschaft expanded its products offerings by launching Zoe, a glowing energy-efficient aroma diffuser that uses ultrasound technology to emit essential oils in the room

Access Press Release@ https://www.grandviewresearch.com/press-release/global-aromatherapy-market

Aromatherapy Market Segmentation

Grand View Research has segmented the global aromatherapy market on the basis of product, mode of delivery, application, distribution channel, end-use, and region:

Aromatherapy Product Outlook (Revenue, USD Million, 2017 - 2028)

• Consumables
  • Essential Oils
    • Singles
      • Herbaceous
      • Woody
      • Spicy
      • Floral
      • Citrus
      • Earthy
      • Camphoraceous
      • Others
    • Blends
  • Carrier Oils
• Equipment
  • Ultrasonic
  • Nebulizing
  • Evaporative
  • Heat

Aromatherapy Mode of Delivery Outlook (Revenue, USD Million, 2017 - 2028)

• Topical Application
• Aerial Diffusion
• Direct Inhalation

Aromatherapy Application Outlook (Revenue, USD Million, 2017 - 2028)

• Relaxation
• Skin & Hair Care
• Pain Management
• Cold & Cough
• Insomnia
• Scar Management
• Others

Aromatherapy Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• DTC
  • Retail
  • E-commerce
• B2B

Aromatherapy End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Home Use
• Spa & Wellness Centers
• Hospitals & Clinics
• Yoga & Meditation Centers

Aromatherapy Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Aromatherapy Market

• dōTERRA
• Young Living Essential Oils
• Edens Garden
• Mountain Rose Herbs
• Plant Therapy Essential Oils
• Rocky Mountain Oils, LLC
• FLORIHANA
• Falcon
• Biolandes
• Stadler Form Aktiengesellschaft
• Hubmar International
• SpaRoom

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.

Glamping Market Expected to Deliver Dynamic Progression By 2028

 Glamping Market Growth & Trends

The global glamping market size is expected to reach USD 5.41 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.1% from 2021 to 2028. Some of the common factors influencing the consumers’ willingness to avail glamping stay include a preference for experience-oriented trips over fancy possessions and readiness to pay for luxurious travel. The availability of exotic and unconventional landscapes along with luxurious facilities is influencing young travelers to explore and invest in such services.

Furthermore, with the emergence of social media as a digital advertising platform, market players use it to promote their services. Many glamping service providers offer customized packages to suit consumer demand. This has also been a major factor driving the consumers’ willingness to avail of these services. For instance, Honey Glamping, based in New Zealand, offers mobile glamping services at any location in the Great Auckland area and also organizes festivals, staycations, and other occasions.

In the years 2018 and 2019, campsite guests across the country stayed over 125 million nights wherein camping reservations have grown about 34% on lastminute.com. As business for glamping has increased two-fold over the past two years, traditional camping revenue has dropped in the country. Over 1,000 traditional campsites have been closed over the past 20 years in France. The increasing need among consumers to witness new experiences in the country is expected to drive the market for glamping over the forecast period.

With no front desk staff, common areas, no restaurant or bar, and secluded cabins or tents, operators like Getaway, HipCamp, and Tentrr are perfectly positioned to capture this demand. For the glamping brands that do offer a higher level of service, EBITDA margins are still higher than hotel industry standards, reaching up to 50%.

The impact of Covid-19 on many traditional hospitality offerings, such as hotels and restaurants, whereas camping and glamping products have witnessed explosive demand due to their ability to provide socially distant, hygienic, and secluded breaks from the city. As per a report published by The PKF hotel experts group, Getaway observed a 400% increase in bookings when the Trump administration announced a Europe travel ban, and many outposts were close to sold out all summer. Collective Retreats bookings are up 10% in 2020 compared to the same week last year. The Dyrt, a camping trip planning website, has 400% more traffic in the summer of 2020 compared to 2019. Kampgrounds of America (KOA) reported that over the last year, 20% of their visitors are first-time campers with many of them choosing to ease into the outdoors world via cabins and RV’s. Wyoming State Parks saw a 160% increase from April to May 2020 compared to the running average of the previous five years. Pennsylvania State Parks have seen over one million more visitors so far in 2020 than they did in all of 2019. RV Share, a motorhome rental site, has reported a 1,600% increase in bookings nationwide since April 1st. Based on summer 2020 demand, adventure travel is expected to continue to rebound quickly, while in comparison, Tourism Economics expects overall U.S. travel market spending to recover to 2019 levels in 2024.

In terms of accommodation type, the cabins and pods segment held the largest share of 45.7% in 2020. Families prefer cabins as they are well equipped with all facilities, especially when they have two or more kids. Cabineering is a new glamping trend that is offered by numerous luxury properties. It gives adventure travelers the comfort of a home and the amenities of a luxury hotel amidst nature. In addition, cabins and pods offer various safety features, including locks and latches, which is a primary necessity among consumers nowadays. Sky Den, an outdoor-indoor treehouse situated in Northumberland Kielder Forest, and Ditchling Cabin, one of Canopy & Stars recent floating cabins in South Downs National Park, are witnessing a high number of bookings among the U.K. consumers.

The 18 - 32 years age group segment dominated the market with a revenue share of 44.6% in 2020. As per a report published by Kampgrounds of America, Inc., millennials and Generation Z alone accounted for 60% of the total leisure travelers in the American market for glamping. Moreover, the growing prominence of sole traveling among females is influencing the gender to opt for glamping. Moreover, among travelers who glamp comprises 20% of couples without children. Thus, a rising number of travelers of the younger generation with higher disposable income are driving the market for glamping.

Europe dominated the market with a revenue share of 34.9% in 2020. In the U.K. the number of glamping trips has doubled between the years 2015 and 2016, rising from about 160,000 trips to over 325,000. In the first 3 months of 2018, ‘Cool Camping’, which is a glamping holiday specialist company, reported a 50% rise in bookings as compared with the same period in 2017. Increasing awareness about the benefits of glamping among consumers, coupled with the unique experiences it offers, is expected to have a positive impact on the market growth over the forecast period.

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Glamping Market Report Highlights

• By accommodation type, cabins and pods are expected to witness the fastest growth over the forecast period owing to their growing preference among families as they are well equipped with all facilities and offer various safety features
• The 18-32 years age group segment dominated the market in 2020 and is expected to witness the fastest growth over the forecast period due to the growing trend of camping among this population
• North America is expected to expand at the fastest CAGR of 16.7% from 2021 to 2028

Access Press Release@ https://www.grandviewresearch.com/press-release/global-glamping-market

Glamping Market Segmentation

Grand View Research has segmented the global glamping market on the basis of accommodation type, age group, and region:

Glamping Accommodation Type Outlook (Revenue, USD Million, 2016 - 2028)

• Cabins and Pods
• Tents
• Yurts
• Treehouses
• Others

Glamping Age Group Outlook (Revenue, USD Million, 2016 - 2028)

• 18 - 32 years
• 33 - 50 years
• 51 - 65 years
• Above 65 years

Glamping Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Glamping Market

• The Last Best Beef LLC
• Under Canvas
• Collective Retreats
• Tentrr
• Eco Retreats
• Baillie Lodges
• Nightfall Camp Pty Ltd.
• Tanja Lagoon Camp
• Wildman Wilderness Lodge
• Paper Bark Camp
• PurePods
• Getaway House, Inc.
• Hoshino Resorts Inc.
• AfriCamps Boutique Camping
• In2thewild Tiny Holidays

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.

Piling Machine Market to Showcase Healthy Expansion at 4.6% CAGR from 2021 to 2028

 

Piling Machine Market Growth & Trends

The global piling machine market size is expected to reach USD 6.72 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. The development of privately-owned construction firms in the UAE, India, and China is anticipated to augment the spending in the construction industry, thereby surging the product demand over the coming years.

Rising concerns over the adverse effects of underwater piling operations on marine life are foreseen to result in a negative impact on the demand for vibratory driver piling machines over the forecast period. The implementation of stringent noise and vibration control norms in residential areas and offshore locations is expected to result in high R&D spending for the development of low-noise and vibration machines, which is expected to positively impact the market growth.

Favorable government incentives for the deployment of alternative energy sources in the U.S. have resulted in the increasing installation of solar farms. The rising popularity of using self-propelled pile drivers for installing foundations for solar panels is expected to fuel the demand for other piling machines, mainly driverless piling machines.

Rising concerns regarding the effects of vibrations on the marine environment during piling operations have resulted in the enforcement of stringent regulatory norms in the U.K., Germany, the U.S., and New Zealand for the protection of the aquatic ecosystem. This is expected to result in the increasing demand for systems with lower vibrations.

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Piling Machine Market Report Highlights

• By product, impact hammer accounted for 29.71% share of the global revenue in 2020 on account of its easy operations and low price compared to other systems
• Based on piling method, the drilled percussive segment is estimated to expand at a CAGR of 3.4% from 2021 to 2028 on account of its inexpensiveness and reliability for drilling holes for pile installations
• China accounted for the largest share in Asia Pacific in 2020 owing to the increasing need for residential and commercial buildings, such as industrial facilities, complexes, hospitals, hotels and restaurants, and retail spaces, to cater to the growing population
• The market in Canada is estimated to expand at a CAGR of 2.5% from 2021 to 2028 on account of its transition from a natural resources-based economy to a high-tech, service-based economy
• Strategies adopted by market participants include distribution network expansion, new product developments, mergers & acquisitions, and partnerships in order to gain a competitive edge in the market

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Piling Machine Market Segmentation

Grand View Research has segmented the global piling machine market on the basis of product, piling method, and region:

Piling Machine Product Outlook (Revenue, USD Million, 2017 - 2028)

• Impact Hammer
• Vibratory Drivers
• Piling Rigs
• Others

Piling Machine Piling Method Outlook (Revenue, USD Million, 2017 - 2028)

• Impact Driven
• Drilled Percussive
• Rotary Bored
• Air-lift RCD Rig
• Auger Boring
• Continuous Flight Auger
• Others

Piling Machine Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • Scandinavia
  • UK.
  • Russia
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar

List of Key Players of Piling Machine Market

• Casagrande S.p.a
• Watson Inc.
• BSP International Foundations
• BAUER Group
• TONTI TRADING S.R.L.
• Beijing SINOVO International (SINOVO Heavy Industry Co., Ltd.)

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.

Structural Insulated Panels Market is Expected to Amplify USD 17.19 Billion Value by 2028.

 Structural Insulated Panels Market Growth & Trends

The global structural insulated panels market size is expected to reach USD 17.19 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Growing emphasis on constructing energy-efficient building structures and the rising investments in the renovation of old buildings are some of the major factors expected to boost the product demand.

Governments across the world are providing various incentives to construction companies and building contractors to promote energy-efficient building structures. For instance, the U.S. government, through its Weatherization Assistance Program (WAP), is incentivizing the improvement of thermal insulation in low-income households, which is expected to promote the demand for structural insulated panels (SIPs).

Key players are focusing on the development of novel insulation materials to improve the R-value of the product without adding to the final cost. For instance, the Kingspan Group has developed a novel insulation material using its proprietary ‘QuadCore Technology’. The product offers superior fire protection and durability. Furthermore, it is 11% and 60% more thermally efficient than high-quality PIR (Polyisocyanurate) and PU (Polyurethane) insulation materials respectively.

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Structural Insulated Panels Market Report Highlights

• The polyurethane product segment in the North America regional market is expected to register the fastest CAGR of 7.9% over the forecast period owing to superior insulation property, rigidity, fire resistance, and dimensional property of polyurethane
• The cold storage application segment is expected to witness significant growth during the forecast period owing to growing investments in the development of cold chain infrastructure across the globe
• In the Asia Pacific regional market, the polystyrene product segment accounted for the largest revenue share in 2020 owing to high demand for cost-effective, durable insulation materials from the construction industry
• Europe is expected to be the second-largest regional market from 2021 to 2028 owing to the progressive adoption of green building standards and rising investments in the redevelopment of old building structures in the region
• Major companies are offering training and services to the installation workers and building contractors to ensure the correct installation of the product and reduce the chances of product failure

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Structural Insulated Panels Market Segmentation

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

Structural Insulated Panels Product Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

• Polystyrene
• Polyurethane
• Glass Wool
• Others

Structural Insulated Panels Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

• Walls & Floors
• Roofs
• Cold Storage

Structural Insulated Panels Regional Outlook (Volume, Million Square Feet; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Structural Insulated Panels Market

• Metl-Span
• Kingspan Group
• PFB Corporation
• Isopan
• KPS Global
• American Insulated Panel
• Structural Panels Inc.
• All Weather Insulated Panels
• Ingreen Systems Corp.
• Owens Corning

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.

Protein Supplements Market Report by Opportunity, Demand, Major Driving Factors and Business Growth Strategies by 2028

 

Protein Supplements Market Growth & Trends

The global protein supplements market size is expected to reach USD 36.05 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.4% over the forecast period. The growing number of fitness centers on account of rising consumer interest in health and wellness is expected to drive the market over the forecast period.

The manufacturers are primarily concentrated in the Europe and North America regions owing to the abundant availability of raw materials. Moreover, a higher number of obesity cases in these regions is leading the consumers to opt for a healthy lifestyle and eating habits, which is expected to increase the product demand over the forecast period. The product manufacturing requires high capital investments owing to the complex manufacturing process.

The European Food Safety Authority (EFSA) and the U.S. Food & Drug Administration (FDA) have laid regulations on product labeling and health claims, which challenges the new players in the global market. The established players are continuously working on increasing their production capacity to match the growing demand. For Instance, in October 2020, Glanbia PLC began the operation of its new facility producing cheese and whey in Michigan, U.S., and is capable of processing 3.6 million liters of milk per day.

The rising vegan population across the globe has compelled manufacturers to invest in R&D to innovate plant-based products. In March 2020, The Hut.com launched a new plant-based protein shake in the U.S. to capitalize on the increasing vegan population in the country. In February 2020, InnovoPro launched chickpea protein concentrate for the Ready-To-Drink (RTD) formula for vegan athletes.

The unprecedented outbreak of the Covid-19 pandemic has benefitted the market as consumers became more aware of the diet and individual health during this period. In addition, the Chinese Center for Disease Control and Prevention (CDC) has issued nutrition guidelines, which includes a recommendation of the intake of approximately 150-200 grams of protein per day (around 1.5-2.0g/kg body weight/day) for patients affected by Covid-19 to boost immunity, thus resulting in the increased product consumption.

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Protein Supplements Market Report Highlights

• The powder product segment dominated the market with a revenue share of over 63% in 2020
• Increasing demand for powdered products from professional athletes, bodybuilders and fitness enthusiasts is expected to drive the segment growth over the forecast period
• The animal-based products segment led the market in 2020. However, the plant-based segment is estimated to register the fastest growth rate from 2021 to 2028
• Distribution through online channels is expected to grow at the fastest CAGR of 8.7% over the forecast period
• This growth is credited to the rapidly expanding e-commerce sector around the world and rising consumer preference for online shopping
• The functional foods application is estimated to witness considerable growth owing to high product demand in functional foods as a result of rising consumer awareness about balanced nutrition
• Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028 on account of the rising disposable income levels and growing health consciousness in countries like China, India, Japan, and South Korea

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Protein Supplements Market Segmentation

Grand View Research has segmented the global protein supplements market on the basis of source, product, application, distribution channel, and region:

Protein Supplements Source Outlook (Revenue, USD Million, 2017 - 2028)

• Animal-based
  • Whey
  • Casein
  • Egg
  • Fish
  • Others
• Plant-based
  • Soy
  • Spirulina
  • Pumpkin Seed
  • Hemp
  • Rice
  • Pea
  • Others

Protein Supplements Product Outlook (Revenue, USD Million, 2017 - 2028)

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

Protein Supplements Application Outlook (Revenue, USD Million, 2017 - 2028)

• Sports Nutrition
• Functional Food

Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Supermarkets
• Online Stores
• Direct to Customers (DTC)
• Others

Protein Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Protein Supplements Market

• Glanbia plc
• MusclePharm
• Abbott
• CytoSport, Inc.
• Iovate Health Sciences International, Inc.
• QuestNutrition
• The Bountiful Company
• NOW Foods
• Transparent Labs
• Woodbolt Distribution LLC
• Dymatize Enterprises LLC
• RSP Nutrition
• BPI Sports LLC
• International Dehydrated Foods, Inc.
• BRF
• Rousselot
• Gelita AG
• Hoogwegt

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.

Europe Homogeneous Precious Metal Catalyst Market Strong Application and Emerging Trends also Scope by 2028

 Europe Homogeneous Precious Metal Catalyst Market Growth & Trends

The Europe homogeneous precious metal catalyst market size is expected to reach USD 2.4 billion by 2028 registering a CAGR of 18.9% over the forecast period, as per a new report by Grand View Research Inc. Increasing preference for homogeneous catalyst over heterogeneous ones owing to their specific features, especially associated with selectivity, drive the market growth. Furthermore, the market is expected to witness a significant hike in demand amid the Covid-19 pandemic as PGM catalysts are utilized in the formulation of several APIs, such as a few antibiotics used for Covid-19 treatment. 

The demand for the product is likely to be prominent from the pharmaceutical & biomedical and petroleum refining end-use industries. In addition, the presence of refineries at prime locations, coupled with top oil & gas companies, is estimated to contribute to the product demand. Moreover, growth in the agrochemicals and power generation sectors in the European economies is anticipated to augment the product demand over the forecast period.

In addition, the market is expected to witness significant growth over the forecast period owing to the benefits it has received from high-value product segments. For instance, the application of catalysts in an automobile reduces carbon emissions that are harmful to the environment and, thus, their application is highly promoted by the governments. In addition, increasing energy demand from economies, such as France, Slovakia, Hungary, Belgium, Sweden, and Bulgaria, is likely to drive the market.

The presence of adequate oil reserves in countries including Russia, Norway, the U.K., and Italy, is expected to further complement the market growth in the region. Consequently, major market participants are shifting their focus toward increasing capacities and catering to the growing demand across geographies. Market players in the region are focusing on innovation for the development of advanced products to exhibit better performance during the process. Such factors have bolstered the market growth in the region. However, the Covid-19 pandemic has affected several key economies, such as Italy and Germany, limiting the market growth.

The governments in these countries had imposed complete lockdown, which restricted the movement of all forms hampering the overall oil consumption by the transportation sector. In addition, curtailed commercial and industrial activities have further reduced fuel consumption. Consequently, refiners are forced to cut their production instantly, which may result in high expenses once the situation settles. Furthermore, some refiners are projected to lose their share to competitors, which is expected to hamper the overall product demand in the short run.

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Europe Homogeneous Precious Metal Catalyst Market Report Highlights

• The market is moderately consolidated with the presence of multinationals striving to fulfill the rising demand
• Market players are intensely focused on optimizing & managing supply efficiency and ensuring their ability to compete with other players by enhancing operating efficiency, increasing productivity, reducing lead time, and addressing sourcing requirements
• Manufacturers supply their products to various end-use industries, including pharmaceutical & biomedical, refineries, agrochemicals, electrochemical, and power generation, through various distribution channels, such as direct-supply contracts and third-party supply contracts with vendors and wholesalers
• Strategic alliances by key players with research institutions to enhance product innovation capabilities are likely to be witnessed more during the forecast period
• The introduction of different recycling concepts for metal catalysts; for instance, with organic solvent nanofiltration or scrap catalytic converter recycling, is predicted to drive the market

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-homogeneous-precious-metal-catalyst-market-analysis

Europe Homogeneous Precious Metal Catalyst Market Segmentation

Grand View Research has segmented the Europe homogeneous precious metal catalyst market on the basis of product, end-use, and country:

Europe Homogeneous Precious Metal Catalyst Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Platinum
• Palladium
• Rhodium
• Ruthenium
• Iridium
• Gold
• Others

Europe Homogeneous Precious Metal Catalyst End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Pharmaceutical & Biomedical
• Refineries
• Agrochemicals
• Fine Chemicals
• Electrochemical
• Power Generation
• Other Industrial

Europe Homogeneous Precious Metal Catalyst Country-wise Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Germany
• UK.
• France
• Italy
• Spain
• Russia
• Poland

List of Key Players of Europe Homogeneous Precious Metal Catalyst Market

• Alfa Aesar
• Heraeus Holding
• BASF SE
• Evonik Industries AG
• Johnson Matthey
• Clariant AG
• Haldor Topsoe
• Umicore
• American Elements
• Chimet S.p.A.
• Shaanxi Kai Da Chemical Engineering Co., Ltd.
• Sabin Metal 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.