Personalized Retail Nutrition & Wellness Market to Raise at CAGR of 7.9% from 2021 to 2028: Grand View Research Inc.

 

Personalized Retail Nutrition And Wellness Market Growth & Trends

The global personalized retail nutrition and wellness market size is expected to reach USD 3.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. The market growth can be attributed to the factors such as driving nutrition strategies, growing focus on nutrigenomics and nutrigenetics, a shift in the healthcare paradigm, and integration of data science for the development of innovative personalized nutrition.

In addition, nutrigenomics is gaining momentum owing to the rising number of studies for understanding the interrelation of nutrients with an individual’s genetic make-up. For instance, in May 2020, researchers revealed the role of flavonol intake in cardiometabolic diseases with the application of systematic bioinformatics analysis. The analysis revealed genes that are involved in leukocyte adhesion, lipid metabolism, and transendothelial migration. In addition, the study also analyzed the nutrigenomic effects of the compound in intestinal cells and their role in the metabolism of circulating lipoproteins.

Moreover, the companies operating in the market for personalized retail nutrition and wellness are heavily investing in bringing innovative solutions for sufficing nutritional diet in individuals, which is further contributing to market growth. Companies are investing in enhancing technologies that can help in the development of new product lines related to microbiota, nutrition, and digital health.

For instance, in November 2020, ADM Ventures announced its investment in Seventure’s Health For Life Capital (HFLC) Fund II. The company works with the Seventure team for identifying opportunities with the application of microbiome solutions for developing dietary supplements and other food and beverage applications. Hence, companies are extensively discovering and leveraging new nutritional ingredients for treating chronic diseases and common ailments.

Furthermore, the COVID-19 pandemic has a positive impact on the growth of the market for personalized retail nutrition and wellness. The demand for vitamins, minerals, and supplements is growing at an exponential rate owing to its potential role in the management of COVID-19. Several vitamins and minerals such as vitamins C, vitamin D, and zinc, have immunomodulatory functions and have a vital role in preserving physical tissue barriers. Hence, the demand for such nutrients for optimizing the immune system to prevent or lower the risk of COVID-19 infection is further contributing to the growth of the market for personalized retail nutrition and wellness. 

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Personalized Retail Nutrition And Wellness Market Report Highlights

• The repeat recommendation segment accounted for the largest revenue share in 2020 owing to the rising launch of commercial apps for monitoring an individual’s lifestyle and health
• In the repeat recommendation segment, the functional foods segment dominated the market in 2020 owing to the high adoption of commercially available products for analyzing lifestyle patterns of the patients
• The orthopedics, musculoskeletal, and spine segment held a substantial market share in 2020 due to the high demand for nutrient-based recommendations for the management or prevention of chronic diseases such as cardiovascular disease, obesity, and diabetes
• In the fixed recommendation segment, the dietary supplements and nutraceuticals segment is expected to witness lucrative growth owing to the growing incidence of lifestyle-based diseases
• North America held the largest revenue share in 2020. Growth in this region is owing to the presence of key players and extensive R&D activities
• In Asia Pacific, the market is expected to witness significant growth over the forecast period owing to the reducing sequencing price and nutrigenomic testing, making it more accessible to population across the region
• Companies operating in the market are launching new personalized nutrition products. For instance, in April 2020, Nestlé launched NESQINO, a personalized healthy drink series made from 100 percent natural ingredients

Access Press Release@ https://www.grandviewresearch.com/press-release/global-personalized-retail-nutrition-wellness-market

Personalized Retail Nutrition And Wellness Market Segmentation

Grand View Research has segmented the global personalized retail nutrition and wellness market based on recommendation and region:

Personalized Retail Nutrition & Wellness Recommendation Outlook (Revenue, USD Million, 2017 - 2028)

• Fixed Recommendation
  • Dietary Supplements & Nutraceuticals
    • Vitamins
    • Proteins
    • Minerals
    • Amino Acids
    • Enzymes
    • Other dietary supplements & nutraceuticals
  • Functional Foods
    • Proteins
    • Vitamins
    • Dietary Fibers
    • Fatty Acids
    • Minerals
    • Prebiotics & Probiotics
    • Carotenoids
  • Traditional Botanicals
• Repeat Recommendation
  • Dietary Supplements & Nutraceuticals
    • Vitamins
    • Proteins
    • Minerals
    • Amino Acids
    • Enzymes
    • Other dietary supplements & nutraceuticals
  • Functional Foods
    • Proteins
    • Vitamins
    • Dietary Fibers
    • Fatty Acids
    • Minerals
    • Prebiotics & Probiotics
    • Carotenoids
  • Traditional Botanicals
• Continuous Recommendation
  • Dietary Supplements & Nutraceuticals
    • Vitamins
    • Proteins
    • Minerals
    • Amino Acids
    • Enzymes
    • Other dietary supplements & nutraceuticals
  • Functional Foods
    • Proteins
    • Vitamins
    • Dietary Fibers
    • Fatty Acids
    • Minerals
    • Prebiotics & Probiotics
    • Carotenoids
  • Traditional Botanicals

Personalized Retail Nutrition & Wellness Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • Italy
  • Switzerland
  • UK.
  • Russia
  • Poland
  • Hungary
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Indonesia
  • Philippines
  • Vietnam
• Latin America
  • Brazil
  • Mexico
  • Ecuador
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • South Africa
  • Turkey

List of Key Players of Personalized Retail Nutrition And Wellness Market

• The Nature’s Bounty Co.
• Bayer AG
• PlateJoy
• Better Therapeutics, Inc
• Tracxn Technologies
• Viome (Habit Food Personalized, LLC)
• BitBite Inc.
• Noom, Inc.
• Savor Health
• Foodsmart, Inc.
• GLUCOVATION, INC.
• Healbe
• AIRO Health Care (Pty) Ltd.
• Nutrigenomix
• DNAfit
• BiogeniQ Inc.
• Vitagene
• Consumer Physics
• Pfizer, Inc.
• GlaxoSmithKline plc
• Herbalife International of America, Inc.
• Reckitt Benckiser Group PLC.
• DowDuPont
• Tellspec
• Cargill, Incorporated

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.

Packaged Salad Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Packaged Salad Market Growth & Trends

The global packaged salad market size is expected to reach USD 20.30 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.2% from 2021 to 2028. The growing trend of a healthy lifestyle is one of the key factors that will drive the market over the forecast period. Furthermore, the busy schedules of the millennials leave less time for cooking and various other kitchen chores, and thus people have been demanding ready-to-eat salads.

In recent years, it has been noted that consumers have been opting for vegetables and similar raw ingredients instead of fast foods and processed foods. The increasing focus on weight management owing to rising obesity levels is propelling the demand for packaged salads among consumers around the world. The low caloric content of packaged salads makes them ideal for weight management.

The vegetarian product segment dominated the market with a 67.4% share in 2020. The demand for vegetarian products is significantly growing owing to the rising vegan population around the world. The growing awareness regarding the high carbon footprint of the meat industry, along with animal health and animal cruelty, is compelling an increasing number of consumers to opt for vegetarian products instead.

Organically processed products are expected to expand at the highest CAGR of 8.6% over the forecast period. Organically processed products are generally perceived to contain more nutrients and antioxidants than conventional counterparts. Health-conscious consumers who focus on reducing their exposure to artificial chemicals and antibiotic-resistant bacteria usually prefer organically processed products to conventionally processed alternatives.

Mergers & acquisitions, new product launches, and production capacity expansion are some of the key strategic initiatives taken up by the companies to gain a competitive advantage over other players. In May 2020, Dole Food Company Inc. debuted its DOLE FreshTakes Ready-To-Eat Salad Bowls in the Western U.S. after its successful debut in the Eastern U.S. in 2019.

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Packaged Salad Market Report Highlights

• The packaged kits type segment is anticipated to register the fastest CAGR of 8.4% from 2021 to 2028. The increasingly hectic lifestyles and rising number of single-person households have been driving the segment
• The online distribution channel is expected to register the fastest CAGR of 9.0% from 2021 to 2028 due to the increasing presence of online retailers
• North America led the market by accounting for more than 41.0% in 2020. The busy lifestyle of the consumers has been propelling the demand for these conveniently packaged salads in the region
• The vegetarian product segment held the largest share of 67.4% in 2020 owning to the growing number of health-conscious consumers across the globe

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Packaged Salad Market Segmentation

Grand View Research has segmented the global packaged salad market on the basis of product, processing, type, distribution channel, and region:

Packaged Salad Product Outlook (Revenue, USD Million, 2016 - 2028)

• Vegetarian
• Non-vegetarian

Packaged Salad Processing Outlook (Revenue, USD Million, 2016 - 2028)

• Organic
• Conventional

Packaged Salad Type Outlook (Revenue, USD Million, 2016 - 2028)

• Packaged Greens
• Packaged Kits

Packaged Salad Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Offline
• Online

Packaged Salad Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Packaged Salad Market

• BrightFarms, Inc.
• Dole Food Company, Inc.
• Earthbound Farm
• Eat Smart (Curation Foods)
• Fresh Express, Incorporated
• Misionero
• Gotham Greens Holdings, LLC
• Mann Packing Co., Inc.
• Bonduelle
• Organicgirl, 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.

Companion Animal Health Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Companion Animal Health Market Growth & Trends

The global companion animal health market size is anticipated to reach USD 37.49 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.2% from 2021 to 2028. Growing pet adoption, rising cases of acute & chronic health conditions in pets, and availability of pet insurance are the factors responsible for the growth of this market.

Growing investments and strategic initiatives by market players to develop advanced solutions for pet care is another key contributor to the growth of the market. For instance, in February 2020, Boehringer Ingelheim received approval for Aservo Equihaler, which is its first therapy for severe equine asthma.

Furthermore, the rising adoption of pet insurance is anticipated to fuel the market growth. As per The Holland Insurance Company Pty. Ltd., 20% of GenY and 12% of baby boomer pet owners have pet insurances in Australia. The pet insurance industry is also growing steadily in countries, such as India. These factors, combined with the humanization of pets and increasing pet health concerns, are expected to increase the demand for pet health products and services.

The market was impacted by the Covid-19 pandemic. Market participants had to face several challenges, such as demand slowdown, supply chain disruptions, and operational hurdles, due to the changing norms and restrictions. The pandemic created working capital pressures across the commercial value chain. However, the growing attachment of pet owners to their pets during this pandemic resulted in increased spending on pet healthcare. This has positively impacted the industry development.

The market is highly competitive and companies are undertaking various business strategies to sustain the heavy competition. As per its March 2020 press release, Ceva, a French global veterinary health company, focused on its inventory planning to ensure continuous product availability during the pandemic. The pre-availability of several months of safety stocks of the company’s strategic vaccines and pharmaceutical products created an added buffer to combat any supply chain interruptions.

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Companion Animal Health Market Report Highlights

• The pharmaceuticals product segment held the largest revenue share in 2020. Ongoing advancements and research in drug formulations is the key growth-driving factor for the segment
• The diagnostics segment is expected to grow at an exponential rate owing to increasing cases of zoonotic infections, which is likely to boost the need for the establishment of diagnostic laboratories and Point-of-Care (PoC) testing
• The veterinary hospitals & clinics end-use segment accounted for the largest share in 2020
• This growth can be credited to an increasing number of hospitals and clinics and the availability of a wide range of treatments and diagnostic options for pets in these healthcare settings
• North America led the market in 2020 owing to the presence of major players and increasing prevalence of acute & chronic diseases in pets
• Asia Pacific is expected to be the fastest-growing regional market during the forecast period due to rising pet ownership and pet health concerns

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

Companion Animal Health Market Segmentation

Grand View Research has segmented the global companion animal health market on the basis of animal type, product, distribution channel, end-use, and region:

Companion Animal Health Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Dogs
• Equine
• Cats
• Others

Companion Animal Health Product Outlook (Revenue, USD Million, 2016 - 2028)

• Vaccines
• Pharmaceuticals
  • OTC
  • Prescription
• Feed Additives
• Diagnostics
• Others

Companion Animal Health Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Retail
• E-commerce
• Hospital Pharmacies

Companion Animal Health End-use Outlook (Revenue, USD Million, 2016 - 2028)

• PoC/In-house Testing
• Veterinary Hospitals & Clinics
• Others

Companion Animal Health Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Companion Animal Health Market

• Merck & Co., Inc.
• Ceva
• Vetoquinol S.A.
• Zoetis
• Boehringer Ingelheim International GmbH
• Elanco
• Virbac
• IDEXX Laboratories, Inc.
• Indian Immunologicals Ltd.
• Agrolabo S.p.A

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.

Consumer Genomics Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Consumer Genomics Market Growth & Trends

The global consumer genomics market size is projected to reach USD 8.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.4% from 2021 to 2028. Technological advances in genetic research have helped to raise awareness among physicians as well as consumers pertaining to the use of gene-based testing.

Genomics testing enables the determination of common traits by studying a DNA molecule, predictions about health, and offers evidence of a person’s ancestry. Several companies are providing DNA tests directly to customers by which they have access to their genetic information without involving the healthcare professional. Rising awareness about DNA testing has driven the adoption rate, which in turn provides healthy growth prospects for the implementation of DNA tests in home settings.

The continuously declining costs of genotyping have resulted in direct-to-consumer services becoming more accessible to the average consumer as DNA testing services are delivered by key companies. Many key participants are focusing majorly on building partnerships and collaborations with physicians and healthcare systems to inflate their current marketplace.

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Consumer Genomics Market Report Highlights

• The genetic relatedness segment accounted for the largest revenue generation in 2020 and is anticipated to remain dominant throughout the forecast period
• Genetic relatedness involves the determination of hereditary or the genetic transfer of traits from parents to their offspring
• These tests help analyze repetitive DNA regions known as short tandem repeats for the determination of a likelihood of paternity
• The lifestyle, wellness, and nutrition segment is expected to witness the fastest CAGR as consumer genomics tests are claimed to provide personalized nutrition based on an individual’s genotype
• For patients with rare genetic disorders such as galactosemia and lactose intolerance, a customized diet is recommended
• Growing public interest for personalized health has fueled the adoption of nutrigenetic testing services, specifically for optimizing nutrition
• Hence, personalized nutrition is employed to maintain or improve health by using genetic, clinical, and dietary information to provide precise and more efficacious personalized healthy recommendations
• North America is estimated to capture the largest market share owing to the local presence of key industry participants such as 23andMe and AncestryDNA, and the commercialization of FDA approved kits 
• Due to growing investments and skills, in Asia Pacific, the market is expected to grow with the fastest CAGR
• This can majorly be attributed to the advent of knowledge-based innovations and entry of investors focused on personalized genetic screening as well as the presence of research funding agencies

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

Consumer Genomics Market Segmentation

Grand View Research has segmented the global consumer genomics market on the basis of application and region:

Consumer Genomics Application Outlook (Revenue, USD Million, 2017 - 2028)

• Genetic Relatedness
• Diagnostics
• Lifestyle, Wellness, & Nutrition
• Ancestry
• Reproductive Health
• Personalized Medicine & Pharmacogenetic testing
• Sports Nutrition & Health
• Others

Consumer Genomics Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Consumer Genomics Market

• Ancestry
• Gene By Gene, Ltd. (FamilyTree DNA)
• 23andMe, Inc.
• Color Genomics, Inc
• Myriad Genetics, Inc
• Mapmygenome
• Positive Biosciences, Ltd
• Futura Genetics
• Helix OpCo LLC
• MyHeritage Ltd.
• Pathway Genomics
• Veritas
• Amgen, Inc.
• Xcode Life
• Diagnomics, Inc.
• Toolbox Genomics
• SomaLogic, Inc.
• inui Health (formerly Scanadu)
• AgeCurve
• QuickCheck Health
• Biomeb
• Metabolomic Discoveries GmbH
• Illumina, 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.

2D Barcode Reader Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing by 2028

 

2D Barcode Reader Market Growth & Trends

The global 2D barcode reader market size is expected to reach USD 11.06 billion by 2028, registering a CAGR of 6.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The growing preference for online shopping and the subsequent growth in e-commerce and logistics is expected to drive the growth of the market. Businesses in several industries and industry verticals, including retail and manufacturing, are aggressively using barcodes and allied systems to precisely audit the inventory and track individual products or product batches remotely in a large facility. Thus, a barcode scanner becomes a core component for decoding and interpreting the data stored by the barcode. Barcode scanners ensure robust inventory control management and help in improving the accuracy, speed, and efficiency of tracking goods.

The growing preference for online shopping has prompted e-commerce and logistics companies to establish warehouses and distribution centers. Moreover, these companies are aggressively looking to expand the storage space in line with the growing demand for products ordered online. Businesses have also increased their investments to maintain lean operations and enhance their storage facilities. In addition to expanding floor spaces, investments are also being made in automation and worker-augmented solutions, which have become a priority for decision-makers. Decision-makers have realized that 2D barcode readers can be a superior technology to help in automating inventory maintenance and data collection and have hence taken an incremental approach to modernize warehouse operations.

Generally, a warehousing process involves transporting the stock from the supplier’s logistics or production unit to the warehouse. The incoming goods are recorded and stored at their designated locations. These items are retrieved from their storage locations to prepare them for repackaging and shipment. Such processes require data entry at several levels, including product tracking and inventory management. Moreover, distribution centers also require meticulous stock control. Thus, 2D barcode reader systems remain one of the most commonly used technologies for accurate monitoring and identifying products across warehousing facilities.

The Middle East and Africa is expected to emerge as the fastest-growing regional market over the forecast period. The rising number of distribution centers, warehouses, and storage facilities in the region is prompting e-commerce and logistics companies to adopt advanced technologies, such as barcode scanning technologies. The growing demand for 2D barcode readers from businesses in the UAE and Saudi Arabia is particularly anticipated to drive the growth of the regional market over the forecast period.

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2D Barcode Reader Market Report Highlights

• The handheld segment is anticipated to witness the fastest growth over the forecast period. Handheld barcode scanners offer numerous benefits, such as mobility and operational flexibility, as compared to fixed 2D barcode readers, which is projected to fuel the segment growth
• Logistics is anticipated to emerge as the fastest-growing segment over the forecast period. The continuously increasing volumes of online retailing coupled with a wide array of product choices offered to consumers shopping online are expected to drive the adoption of barcode scanning in logistics facilities
• Asia Pacific is projected to account for a majority market share and is expected to reach USD 4.95 billion by 2028. The growth can be attributed to the growing e-commerce and retail industry in the region
• Some of the prominent industry participants include DENSO WAVE INCORPORATED, Cognex Corporation, Datalogic S.p.A., Honeywell International, Inc., and Juniper Systems Inc.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-2d-barcode-reader-market

2D Barcode Reader Market Segmentation

Grand View Research has segmented the global 2D barcode reader market based on product type, application, and region:

2D Barcode Readers Product Type Outlook (Revenue, USD Million, 2016 - 2028)

• Handheld
• Fixed

2D Barcode Readers Application Outlook (Revenue, USD Million, 2016 - 2028)

• Warehousing
• Logistics
• E-commerce
• Factory Automation

2D Barcode Readers Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of 2D Barcode Reader Market

• Cognex Corporation
• DENSO WAVE INCORPORATED
• Datalogic S.p.A
• Honeywell International, 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.

Sterilization Equipment Market to Witness Exponential Growth by 2028: Grand View Research Inc.

 

Sterilization Equipment Market Growth & Trends

The global sterilization equipment market size is expected to reach USD 12.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.3% from 2021 to 2028. The rising incidence of hospital-acquired infections (HAIs), the impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key factors driving the market.

The recent outbreak of COVID-19 is anticipated to significantly impact the hospital gowns market. The pandemic, caused by the virus SARS-CoV-2, has drastically increased the demand for medicines, emergency supplies, and hospital equipment, including gowns, antiseptics, and disinfectant products. COVID-19 is a zoonotic virus and bats were considered to be the key reservoir of the virus. The intermediate host has not been identified yet and the transmission has mainly taken place through fomites and droplets during close unprotected contact between infector and infected. Till now airborne transmission of the virus has not been reported. In December 2019, the first patient was reported in China and since then the disease has spread at a rapid pace. The first case was reported in Wuhan and it has been established that the infection was acquired from a zoonotic source. Thereafter, human-to-human transmission of the virus largely took place in families within Wuhan. From Wuhan, it gradually spread to adjoining locations, such as Hubei, Huanggang, Xiaogan, Ezhou, and Jingzhou.

The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals and clinics. Proper and regular sterilization of medical devices is one of the essential requirements for treating patients suffering from COVID-19. In such cases, demand for sterilization equipment is anticipated to increase, which, in turn, is expected to propel the market growth. Therefore, the outbreak of COVID-19 has significantly impacted the market and can be a high-impact rendering driver for this market.

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Sterilization Equipment Market Report Highlights

• By product, the low-temperature sterilizers segment held the largest share in 2020. It is a widely-accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players. Moreover, the rising number of cases of COVID-19 in this region is expected to boost the market growth
• North America dominated the market in 2020 owing to the favorable reimbursement policies in the region

Access Press release@ https://www.grandviewresearch.com/press-release/global-sterilization-equipment-market

Sterilization Equipment Market Segmentation

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

Sterilization Equipment Product Outlook (Revenue, USD Million, 2016 - 2028)

• Heat Sterilizers
  • Depyrogenation Oven
  • Steam Autoclaves
• Low-temperature Sterilizers
  • Ethylene Oxide Sterilizers
  • Hydrogen Peroxide Sterilizers
  • Others
• Sterile Membrane Filters
• Radiation Sterilization Devices
  • Electron Beams
  • Gamma Rays
  • Others

Sterilization Equipment Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Sterilization Equipment Market

• STERIS PLC.
• Sterigenics U.S., LLC
• Cantel Medical
• E-BEAM Services, Inc.
• Fortive

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.

Electronic Health Records Market Valuation to Reach $35.1 Billion by the end of 2028: Grand View Research Inc.

 

Electronic Health Records Market Growth & Trends

The global electronic health records market size is expected to reach USD 35.1 billion by 2028, registering a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. The web-based EHRs are anticipated to witness the fastest growth over the forecast period. These systems are convenient for use in pharmacies, small-scaled laboratories, and clinics, as they require limited hardware infrastructure, which reduces the cost of installation. Electronic Health Records (EHR) vendors and organizations have initiated to help in curbing the pandemic by making telehealth a mainstream alternative, enhancing data access through EHRs, and collaborating to develop Covid-19 dashboards in detail.

The introduction of electronic health records for medical coding and billing has eased the process as data entering into computerized systems is more convenient than paper-based methods. These systems also minimize the risk of errors in patient data as well as financial details. As per an independent study at the University of Michigan, the cost of outpatient care reduced by 3.0% upon shifting to EHRs from paper-based records. This reduction resulted in USD 5.14 savings per patient per month. In addition, M&A activities by key companies are also boosting the market growth.

For instance, in February 2021, Evident, LLC, a subsidiary of CPSI announced that Texas-based Curahealth Hospitals and Cobalt Rehabilitation, have selected the Evident EHR along with the collection services TruBridge, for three new rehabilitation facilities located in Denver, Colorado; West Houston, Texas; and San Antonio, Texas. Key players are investing in new product launches and collaborations for sustaining in the market. For instance, in August 2020, Cerner Corp. collaborated with Amazon to integrate its EHR solutions with the latter’s wearables, such as Amazon Halo. This would provide greater interoperability to its customers and strengthen its service portfolio.

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Electronic Health Records Market Report Highlights

• The web-based product segment dominated the global market in 2020 and is projected to expand further at a steady CAGR from 2021 to 2028 due to the high usage of these systems by physicians
• North America held the highest revenue share in 2020 due to the presence of well-established healthcare infrastructure and favorable government initiatives regarding population health management
• The industry participants are focusing on product launches, partnerships, collaborations, mergers, and acquisitions to sustain the competition
• The ambulatory care segment, which includes physician clinics, laboratories, and pharmacies, is expected to exhibit the fastest CAGR over the forecast period owing to the increasing number of ambulatory care centers globally
• The acute type segment held the maximum market share of over 47% in 2020 due to the government initiatives promoting the usage of EHRs
• Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 owing to the developing healthcare infrastructure in countries, such as Indonesia, China, and India

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

Electronic Health Records Market Segmentation

Grand View Research has segmented the global electronic health records market on the basis of product, type, end-use, business models, and region:

EHR Product Outlook (Revenue, USD Million, 2016 - 2028)

• Client-server-based
• Web-based

EHR Type Outlook (Revenue, USD Million, 2016 - 2028)

• Acute
• Ambulatory
• Post-acute

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

• Hospitals
• Ambulatory Care
  • Physician’s Clinic
  • Laboratories
  • Pharmacies

EHR Business Models Outlook (Revenue, USD Million, 2016 - 2028)

• Licensed Software
• Technology Resale
• Subscriptions
• Professional Services
• Others

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

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

List of Key Players of Electronic Health Records (EHR) Market

• Cerner Corp.
• GE Healthcare
• Allscripts Healthcare, LLC
• McKesson Corp.
• Epic Systems Corp.
• NextGen Healthcare, Inc.
• eClinicalWorks
• Medical Information Technology, Inc.
• HMS
• CPSI
• AdvancedMD, Inc.
• DXC Technology Company
• CureMD Healthcare
• Greenway Health, 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.

Non-PVC IV Bags Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Non-PVC IV Bags Market Growth & Trends

The global non-PVC IV bags market size is expected to reach USD 3.09 billion by 2028, registering a CAGR of 9.8% over the forecast period, according to a new report by Grand View Research, Inc. The demand for non-PVC substitutes is expected to grow in response to increasing global demand for nontoxic medical packaging and stringent legislation banning the use of PVC (polyvinyl chloride). Significant research and development for new alternatives are also expected to drive the global market over the forecast period.

Non-PVC IV bags are majorly used for parenteral nutrition and chemotherapy. With the advent of different varieties of substitutes, such as EVA and polypropylene, PVC packaging is likely to be replaced by non-PVC substitutions, such as polypropylene and EVA. These materials can be utilized for various purposes, such as cold or frozen storage and custom mixtures. Thus, the wide applicability of non-PVC IV bags is expected to propel the market growth over the forecast period.

In addition, stringent regulatory policies related to PVC IV bags have led to an increase in the use of non-PVC materials in the medical and non-medical industries. The global movement toward non-PVC materials provides tremendous growth prospects, drawing producers and investors to the sector. Non-PVC IV bags are becoming more common in parenteral nutrition services. Since the composition varies from patient to patient, they have a high demand for multi-chambered containers. With the introduction of tailored clinical solutions, the need for customized IV bag suppliers is expected to grow.

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Non-PVC IV Bags Market Report Highlights

• The single-chamber product segment dominated the global market accounting for a revenue share of over 63% in 2020 due to the extensive use of IV drips and other mixtures
• Ethylene Vinyl Acetate (EVA) was the largest material segment in 2020 and is likely to continue its dominance over the forecast period
• Higher protection and utility of EVA in frozen mixtures, like blood banks, are expected to have a significant impact on the segment growth
• The liquid mixture segment held the largest revenue share in 2020 owing to its increased usage
• North America was the dominant regional market in 2020. However, Asia Pacific is estimated to showcase the fastest CAGR from 2021 to 2028
• The emergence of a large number of local companies and growing Foreign Direct Investments (FDIs) in the Asia Pacific are driving the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-non-pvc-iv-bags-market

Non-PVC IV Bags Market Segmentation

Grand View Research has segmented the global non-PVC IV bags market on the basis of product, material, content, and region:

Non-PVC IV Bags Product Outlook (Revenue, USD Million, 2016 - 2028)

• Single Chamber
• Multi Chamber

Non-PVC IV Bags Material Outlook (Revenue, USD Million, 2016 - 2028)

• Ethylene Vinyl Acetate (EVA)
• Polypropylene
• Copolyester Ether
• Others

Non-PVC IV Bags Content Outlook (Revenue, USD Million, 2016 - 2028)

• Frozen Mixture
• Liquid Mixture

Non-PVC IV Bags Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Non-PVC IV Bags Market

• RENOLIT
• Baxter
• Angiplast Pvt. Ltd.
• Shanghai Xin Gen Eco-Technologies Co., Ltd.
• Jiangxi Sanxin Medtec Co., Ltd.
• PolyCine GmbH
• Kraton Corp.
• Braun Melsungen AG
• Pfizer, 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.

Education Technology Market to Undertake Strapping Growth By 2028

 Education Technology Market Growth & Trends

The global education technology market size is expected to reach USD 377.85 billion by 2028, registering a CAGR of 19.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. The process of learning is evolving gradually in line with advances in technology. From virtual classrooms to Massive Open Online Courses (MOOCs), the industry is transforming rapidly, thereby leading to an influx of massive investments worldwide. Having realized the potential of leveraging the advances in technology to enhance the process of learning, governments across the world are encouraging the incumbents of the education industry to undertake various initiatives aimed at integrating education technology (EdTech) into the overall education system.

The proliferation of smart devices and the continued rollout of internet connectivity drive the growth of the market. The rising awareness about the advantages of integrating the latest technologies in education systems is also contributing to the growth of the market. Developed economies, including the U.S., the U.K., and Germany, are focusing on introducing innovative EdTech offerings, supporting education administration, reducing teacher workload, and engaging students and the community. On the other hand, emerging economies focus on ensuring easy and convenient access to educational opportunities for the citizens. EdTech holds immense potential to ensure access to education for the rapidly-growing population, particularly in emerging economies.

The education industry is on the cusp of a digital revolution. In the age of digitization and automation, conventional teaching methods are not the only available options for educating students. Advances in the latest technologies, such as Artificial Intelligence (AI), robotics, Augmented Reality (AR), and Virtual Reality (VR), and their potential integration into learning are anticipated to transform the conventional teaching techniques. These cross-curricular learning opportunities can enable institutes and teachers to streamline resource commitments while encouraging students’ knowledge development through practical and cross-curricular applications. MOOCs are also gaining immense popularity across the globe and are emerging to be an affordable mode of online education.

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Education Technology Market Report Highlights

• Some of the major higher institutes and educational organizations across North America are increasingly shifting their focus from legacy EdTech education system to online EdTech solutions
• Integration of AI in schools and universities to automate activities, such as grading subjects and providing feedback, is anticipated to propel the demand for EdTech offerings
• Cloud computing technology is used to store vital resources, such as audio/video lessons, written lessons, and assignments, on a school’s cloud terminal. Students can access these resources at their convenience
• Widespread use of mobile devices and tablets is leading to the use of gamification and immersive learning in educational institutions for an interactive and enhanced learning experience

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

Education Technology Market Segmentation

Grand View Research has segmented the global education technology market on the basis of sector, end user, type, and region:

EdTech Sector Outlook (Revenue, USD Million, 2017 - 2028)

• Preschool
• K-12
• Higher Education
• Others

EdTech End-user Outlook (Revenue, USD Million, 2017 - 2028)

• Business
• Consumer

EdTech Type Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
• Software
• Content

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

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

List of Key Players of Education Technology (EdTech) Market

• BYJU'S
• Blackboard, Inc.
• Chegg, Inc.
• Coursera, Inc.
• Edutech
• edX Inc.
• Google LLC
• Instructure, Inc.
• Microsoft
• Udacity, Inc.
• upGrad Education Pvt. 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.

Demand Sparkling Water Market Increasing in Most Part of World 2028

 Sparkling Water Market Growth & Trends

The global sparkling water market size is expected to reach USD 76.95 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.6% from 2021 to 2028. Over the past few years, the demand for packaged water has significantly grown across the globe owing to the rising demand for healthy drinking water and the declining availability of fresh, clean, and hygienic water.

Some of the biggest bottled water companies such as Nestlé S.A., The Coca-Cola Company, PepsiCo Inc., and Dr Pepper Snapple Group are promoting healthy water drinking through a number of product launches, including sparkling water. For instance, in March 2020, the Coca-Cola Company launched a new line of the sparkling water under the brand name ‘AHA’ in the U.S. market, which features various flavor infusions to cater to the changing consumer demand.

Sparkling water is often sourced from mineral springs and its effervescence is a result of naturally occurring gases in some cases. Thus, the natural/mineral segment held the largest share of more than 60.0% share in 2020. The flavored caffeinated segment is expected to expand at a significant CAGR over the forecast period.

In March 2020, Caribou Coffee announced the launch of its new line of refreshing Caribou BOUsted Caffeinated Beverages. Caribou BOUsted is a delicious line of sparkling and blended caffeinated water and juice in a variety of fruit flavors and is available across the U.S. Lately, companies in the industry have been strengthening their distribution networks to enhance consumer reach.

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Sparkling Water Market Report Highlights

• The flavored natural/mineral and caffeinated sparkling water segment is expected to register a faster growth rate during forecast years as compared to the unflavored segment owing to the increasing launch of fruit-flavored drinks
• The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028
• North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region
• By product, the natural/mineral segment held the largest share of more than 60.0% in 2020

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

Sparkling Water Market Segmentation

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

Sparkling Water Product Outlook (Revenue, USD Million, 2016 - 2028)

• Natural/Mineral Sparkling Water
  • Flavored
  • Unflavored
• Caffeinated Sparkling Water
  • Flavored
  • Unflavored

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

• Hypermarket & Supermarket
• Convenience Stores
• Online
• Others

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

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

List of Key Players of Sparkling Water Market

• Nestlé
• PepsiCo, Inc.
• National Beverage Corp.
• Talking Rain
• Keurig Dr Pepper Inc.
• The Coca-Cola Company
• Danone S.A.
• SANPELLEGRINO S.P.A
• Clear Cut Phocus
• Caribou Coffee Operating Company, Inc.
• Hiball
• RHODIUS Mineralquellen und Getränke GmbH & Co. KG
• AQUA Carpatica
• Northwest Coffee
• Volay Brands, LLC
• WakeWater Beverage Co.
• Big Watt Cold Beverage 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.

Protein Ingredients Market to Expand with Significant CAGR During 2021 – 2028: Grand View Research Inc.

 

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.

Request a free sample copy or view report summary: Protein Ingredients Market Report

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.