Curcumin Market to Grow at CAGR of 16.1% through 2028: Grand View Research Inc.

 

Curcumin Market Growth & Trends

The global curcumin market size is expected to reach USD 191.89 million by 2028, expanding at a CAGR of 16.1%, according to a new report by Grand View Research, Inc. Product demand is anticipated to be propelled by its increasing application in numerous industries including food, cosmetics, and pharmaceutical. It possesses valuable anti-oxidation and anti-inflammatory properties, emerging as a go-to pain relief choice for patients suffering from arthritis and osteoarthritis.

Rising awareness among consumers, particularly in developed countries including U.S., Germany, and Denmark, is likely to further fuel the demand for curcumin over the next eight years. It is an active component of turmeric, which is extracted from the Curcuma longa plant. The trend of increasing demand for ayurvedic medicinal formulations in numerous countries is observed, and this trend is projected to significantly benefit the curcumin market over the forecast period.

Curcumin or turmeric is widely used in cosmetic products. In India, turmeric is a key ingredient in several Ayurveda medicines. It is used to treat acne and eczema, prevent and heal dry skin, and slow down the aging process. Natural cleansers, including milk, when blended with turmeric, serve as useful natural cosmetics. These cosmetics are used to achieve glowing skin, and control and reduce the formation of wrinkles and lines.

Curcumin finds applications in food, cosmetics, pharmaceutical, including dye-sensitized PV technology, and textiles. In 2019, pharmaceutical was the largest application segment in terms of both volume and revenue, accounting for over half of the share, owing to the rising requirement for curcumin-based OTC supplements. Product demand from the food industry has also increased in terms of volume owing to the growing demand for natural flavoring and coloring substances.

Key industry participants include SV Agrofood, Wacker Chemie AG, Arjuna Natural Extracts Ltd., and Synthite Industries Ltd. In March 2016, Arjuna Natural Extracts Ltd. invested around USD 1.5 million in the research and development of proactive curcumin. Turmeric is also used for dyeing numerous fabrics including cotton, silk, and wool for a yellowish shade, which is likely to create market opportunities.

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

Curcumin Market Report Highlights

• In Europe, the application of curcumin in the pharmaceuticals sector accounted for a share of 57.2% in terms of revenue in 2019 owing to increasing focus on the marketing of capsules/tablets that offer aid to the immune system, joint, and digestive health
• In Europe, the market is anticipated to witness the fastest CAGR from 2020 to 2027 and is projected to reach USD 41.8 million in 2027 owing to its wide range of applications in the pharmaceutical industry
• In Asia Pacific, the curcumin market is anticipated to witness the second-fastest growth rate from 2020 to 2027. The region is estimated to have more demand owing to the high consumption of turmeric in food products
• North America was the largest regional market in 2019, with a value of USD 73.8 million. Growing demand for processed food products and curcumin-based health supplements is expected to drive demand in this region
• Health issues due to the incorporation of synthetic ingredients in medicines, food, and cosmetics are the major reasons for influencing manufacturers to adopt natural ingredients in product formulation, which is likely to drive the market

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

Curcumin Market Segmentation

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

Curcumin Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Pharmaceutical
• Food
• Cosmetics
• Others

Curcumin Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • Denmark
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Malaysia
  • Indonesia
  • Thailand
  • South Korea
  • Vietnam
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa

List of Key Players of Curcumin Market

• WackerChemie AG
• BioMaxLifesciences Ltd.
• Synthite Industries Ltd.
• Hindustan Mint & Agro Products Pvt. Ltd.
• Arjuna Natural Extracts Ltd.
• SV Agrofood
• Star Hi Herbs Pvt. Ltd.
• Herboveda India Pvt. Ltd.
• Helmigs Prima Sehejtera P.T.
• Tri Rahardja PT/Javaplant
• Konark Herbals & Healthcare
• Rosun Natural Products 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.

For More Information: www.grandviewresearch.com

Packaging Machinery Market is Likely To Touch USD 59.24 Billion by 2028: Grand View Research Inc.

 Packaging Machinery Market Growth & Trends

The global packaging machinery market size is expected to reach USD 59.24 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2021 to 2028. The rising demand for packaged food and beverages, coupled with the growing pharmaceutical and personal care industries, is expected to drive the demand for packaging machinery over the forecast period.

The growing popularity of single-serve bag sizes and smaller portions has increased the demand for high-speed and efficient packaging machines. Moreover, with the consumer-driven demand for a wide range of products in different packaging sizes and shapes, there is an increasing demand for flexible packaging machines that can adapt to different products and pack styles.

Consumers and retailers are increasingly demanding sustainable packaging styles resulting in the machine manufacturers requiring to work closely with material suppliers to test new materials and make necessary modifications to the machine. Moreover, with the rapid developments in retail packaging formats, the demand for faster and more flexible machines has increased.

The market is expected to witness growth in the years to come on account of the rising demand for personal care and medical products, such as hand sanitizers, soaps, face masks, and gloves, despite the supply chain disruptions caused due to the COVID-19 pandemic. In addition, lockdowns and movement restrictions have further increased the demand for packaged food.

Request a free sample copy or view report summary: Packaging Machinery Market Report

Packaging Machinery Market Report Highlights

• By machine type, the form-fill-seal segment is anticipated to expand at the fastest CAGR of 5.2% over the forecast period on account of the increasing popularity of flexible packaging, coupled with the rising demand for single-serve and small portion packs
• The food end-use segment accounted for the largest share of over 35.0% in 2020 owing to the increasing demand for packaged food products attributed to the changing lifestyles, increasing disposable income, and the growing middle-class population
• The North American market is likely to expand at a CAGR of 3.2% from 2021 to 2028 due to the increasing demand for highly automated and integrated machines, coupled with the favorable packaging and labeling regulations in the region
• The market in China is anticipated to expand at a CAGR of 5.3% over the forecast period owing to the growing focus on improving productivity, coupled with the favorable government policies focusing on technology and machinery upgrades
• In June 2020, Hugo Beck Maschinen bau GmbH & Co. KG. launched two machines, namely PB 800 E-Com and flexo 700 E-Com, which are explicitly designed to cater to the demand for e-commerce packaging

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

Packaging Machinery Market Segmentation

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

Packaging Machinery Machine Type Outlook (Revenue, USD Billion, 2017 - 2028)

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

Packaging Machinery End-use Outlook (Revenue, USD Billion, 2017 - 2028)

• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others

Packaging Machinery Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of Packaging Machinery Market

• KHS Group
• SIG Combibloc Group Ltd.
• Tetra Laval International S.A.
• Krones AG
• M.A. Industria Macchine Automatiche S.p.A.
• Syntegon Technology GmbH
• ProMach
• GEA Group Aktiengesellschaft
• Sacmi
• Bradman Lake Ltd.
• ROVEMA GmbH
• Douglas Machine Inc.
• Coesia S.p.A
• Maillis Group
• Duravant

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.

Mining Chemicals Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 Mining Chemicals Market Growth & Trends

The global mining chemicals market size is estimated to reach USD 15.57 billion by 2028, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Factors, such as rising demand for minerals and increasing mining and water treatment activities, are likely to drive the demand for the product over the forecast period.

The demand for mining activities across the globe is rising owing to increasing infrastructural developments and automotive production and growing demand for minerals. The mining market includes the sales of metals and minerals and other valuable materials, such as coal, stone, sand, and gravel, which are extracted from the earth’s crust.

The manufacturers in the market are focusing on adopting different strategies, such as expansions, joint ventures, acquisitions, new product launches, agreements, and partnerships, to obtain a high market share. Key stakeholders in the industry are inclined towards the development and innovation of novel products and consequently are planning significant investments for R&D activities.

Manufacturers have personal R&D centers dedicated to development purposes and are inclined towards forming alliances with various research organizations and institutes to achieve optimized results. Industry participants maintain strong relationships with international as well as local suppliers and distributors to maintain a consistent sales flow of products throughout the year.

Request a free sample copy or view report summary: Mining Chemicals Market Report

Mining Chemicals Market Report Highlights

• In 2020, iron emerged as the fastest-growing ore type segment with a CAGR of more than 6%. The growing demand for iron ore in different industries including wastewater and petroleum is expected to fuel the segment growth
• The solvent extractants segment is a prominent product segment, in terms of growth rate, as solvent extractants offer protection against oxidative degradation and offer excellent operational reliability
• The explosives & drilling segment is projected to grow at the highest CAGR from 2021 to 2028. The increasing need for minerals and metals is expected to augment the demand for mineral extraction over the forecast period
• Water treatment is expected to be the second-highest application segment from 2021 to 2028, in terms of growth rate, due to the increasing demand for major commodities, such as iron ore and copper
• Asia Pacific is estimated to be the fastest-growing regional market from 2021 to 2028 owing to the increasing foreign investments in emerging countries, including China and India, which have contributed to the regional market growth

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

Mining Chemicals Market Segmentation

Grand View Research has segmented the global mining chemicals market on the basis of ore type, application, and region:

Mining Chemicals Ore Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Powder Gold
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Iron
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Copper
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Phosphate
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers
  • Others
• Others
  • Collectors
  • Coatings
  • Flocculants
  • Grinding Aids
  • Solvent Extractants
  • Dust suppressants
  • Defoamers
  • Antiscalants
  • Biocides
  • Lubricants
  • Frothers

Mining Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Mineral Processing
• Explosives & Drilling
• Water Treatment
• Stockpiles
• Mine Haul Roads
• Surface Mining
• Underground Mining
• Others

Mining Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Mining Chemicals Market

• Ashland, Inc.
• The Dow Chemical Company
• Chevron Phillips Chemical Company
• BASF SE
• Exxon Mobil Corp.
• Cytec Solvay Group
• Air Products and Chemicals, Inc.
• Cheminova A/S
• Akzo Nobel
• NASACO
• Beijing Hengju
• Clariant AG
• ArrMaz
• Orica

About Grand View Research

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

Industrial Fasteners Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Industrial Fasteners Market Growth & Trends

The global industrial fasteners market size is expected to reach USD 119.01 billion by 2028, registering a CAGR of 4.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing mechanization and growing utilization of machinery in industrial applications are expected to drive the product demand during the forecast period.

Wide product portfolio and commercial availability of application-specific bonding fasteners have propelled the market growth. In addition, innovations in dimension and materials used in fastening products have augmented their demand in industrial machinery manufacturing. Developments in fastening technology to reduce the overall weight of the machine are expected to introduce substitute products for fasteners, which is likely to have a positive impact on the market growth.

The automotive application segment accounted for the largest revenue share of the market in 2020 and is expected to continue its dominance over the forecast period. The growing demand for Electric Vehicles (EVs) is expected to boost automotive production across the globe, which, in turn, will support market growth.

Key players, such as Decker Industries Corp., Acument Global, and Dokka, are acquiring production facilities as a part of business strategies to enhance their scope of operations. Moreover, technological advancements in the products are considered by these players to increase product penetration in industrial manufacturing applications.

Request a free sample copy or view report summary: Industrial Fasteners Market Report

Industrial Fasteners Market Report Highlights

• The demand for plastic fasteners in Europe is expected to expand at a CAGR of 4.3% over the forecast period, owing to the increasing product penetration in the automotive industry to replace metal fasteners
• Externally threaded fasteners held the highest market share in China on account of their high demand from the industrial machinery manufacturing and consumer appliances application segments
• The product demand in the building and construction sector in Germany was significant in 2020; however, it is likely to get affected due to the rising substitution by adhesives and sealants
• Globally, automotive applications accounted for the largest revenue share in 2020. The segment is expected to further ascend owing to the rise in production of EVs
• Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, joint venture, capacity expansion, new product development, promotion of key product brands, and significant investments in R&D

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

Industrial Fasteners Market Segmentation

Grand View Research has segmented the global industrial fasteners market on the basis of raw material, product, application, and region:

Industrial Fasteners Raw Material Outlook (Revenue, USD Million, 2017 - 2028)

• Metal
• Plastic

Industrial Fasteners Product Outlook (Revenue, USD Million, 2017 - 2028)

• Externally Threaded
• Internally Threaded
• Non-threaded
• Aerospace-grade

Industrial Fasteners Application Outlook (Revenue, USD Million, 2017 - 2028)

• Automotive
• Aerospace
• Building & Construction
• Industrial Machinery
• Home Appliances
• Lawn & Gardens
• Motors & Pumps
• Furniture
• Plumbing Products
• Others

Industrial Fasteners Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Industrial Fasteners Market

• Arconic Fastening Systems and Rings
• Acument Global Technologies, Inc.
• ATF, Inc.
• Dokka Fasteners AS
• LISI Group - Link Solutions for Industry
• Nippon Industrial Fasteners Company (Nifco)
• Hilti Corporation
• MW Industries, Inc.
• Birmingham Fastener and Supply, Inc.
• SESCO Industries, Inc.
• Elgin Fastener Group LLC
• Rockford Fastener, Inc.
• Slidematic Precision Components, Inc.
• Manufacturing Associates, Inc.
• Eastwood Manufacturing
• Brunner Manufacturing Co., Inc.
• Decker Industries Corporation
• Penn Engineering & Manufacturing Corporation
• EJOT
• Illinois Tool Works, Inc.
• Stanley Black & Decker, Inc.
• KOVA Fasteners Pvt. Ltd.
• Standard Fasteners Ltd.
• Precision Castparts 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.

Petrochemicals Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2028

 Petrochemicals Market Growth & Trends

The global petrochemicals market size is estimated to reach USD 860.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. The market is largely driven by rising demand for downstream specialty chemicals and plastic manufacturing. The market is expected to witness steady growth over the forecast period owing to increasing demand from end-use industries such as construction, industrial, textile, medical, pharmaceuticals, consumer good automotive, and electronics.

Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products. The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for product manufacturers. The industry players that are reliant on crude oil as a feedstock for manufacturing are likely to face difficulties in the coming years.

The competitive rivalry among producers of petrochemicals is high as the market is characterized by the presence of a large number of global players with strong distribution networks. Top players have been dominating the industry for the past few years owing to increasing investments in R&D activities related to new product development and manufacturing processes.

Asia Pacific was the dominating region in 2020 and is predicted to witness the highest CAGR over the forecast period. Factors such as increasing crude oil refining capacity, growing population, and improving standard of living of the masses are expected to fuel the growth of the market in Asia Pacific in the coming years.

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

Petrochemicals Market Report Highlights

• In 2020, ethylene emerged as the dominant product segment by contributing over 40.7% revenue share as it is majorly utilized for the formulation of various derivatives such as ethylene oxide, polyethylene, Ethylene Dichloride (EDC), ethylbenzene, and styrene
• Polyethylene was the major application of ethylene product amounting for 64.1% of the revenue share. The consumption of polyethylene is driven by the rising demand for High-density Polyethylene (HDPE) for blow molding across the globe
• Butadiene was the second-largest product segment in 2020 and is expected to witness a CAGR of 5.9% in the coming years as it is a key building block used in the manufacturing of several chemicals and materials employed in industries such as consumer durables, healthcare, and building and construction
• Asia Pacific was the dominating region both in terms of revenue and volume owing to increasing demand for petrochemicals from various end-use industries including transportation, packaging, and construction

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

Petrochemicals Market Segmentation

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

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

• Ethylene
  • Polyethylene
  • Ethylene oxide
  • EDC
  • Ethyl benzene
  • Other (including alpha olefins, vinyl acetate, etc.)
• Propylene
  • Polypropylene
  • Propylene oxide
  • Acrylonitrile
  • Cumene
  • Acrylic acid
  • Isopropanol
  • Other
• Butadiene
  • SB Rubber
  • Butadiene rubber
  • ABS
  • SB latex
  • Other (nitrile rubber, mechanical belts, etc.)
• Benzene
  • Ethyl benzene
  • Phenol/cumene
  • Cyclohexane
  • Nitrobenzene
  • Alkyl benzene
  • Other (including alkyl benzene, maleic anhydride)
• Xylene
• Toluene
  • Benzene
  • Xylenes
  • Solvents
  • TDI
  • Others (including pesticides, drugs, nitro toluene, etc.)
  • Vinyl
  • Styrene
• Polystyrene
  • EPS
  • ABS
  • SB latex
  • UPR
  • SB rubber
  • Other
• Methanol
  • Formaldehyde
  • Gasoline
  • Acetic acid
  • MTBE
  • Dimethyl ether
  • MTO/MTP
  • Other

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

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • Belgium
  • Netherlands
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Latin America
  • Brazil
• Middle East
• Africa

List of Key Players of Petrochemicals Market

• BASF SE
• Chevron Corporation
• China National Petroleum Corporation (CNPC)
• China Petrochemical Corporation (SINOPEC)
• ExxonMobil Corporation
• INEOS Group Ltd.
• LyondellBasell Industries Holdings B.V.
• Royal Dutch Shell PLC
• SABIC
• Dow

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.

Nutraceuticals Market Latest Innovations, Drivers and Industry Key Events 2021 – 2030: Grand View Research Inc.

 

Nutraceuticals Market Growth & Trends

The global nutraceuticals market size is expected to reach USD 991.09 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.0% from 2021 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in costs on pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils in order to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

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

Nutraceuticals Market Report Highlights

• In the functional foodproduct segment, the prebiotics and probiotics segment is projected to witness significant growth over the forecast period owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria
• Vitamins and minerals together held a significant revenue share in 2021 owing to increasing consumer interest in the relationship between diet and health, which, in turn, has increased the product demand
• In the dietary supplementproduct segment, vitamins emerged as the largest segment in 2021. The segment is expected to witness significant growth in the coming years
• In terms of product, the functional food segment accounted for the largest revenue share in 2021. Rising healthcare costs, coupled with the increasing geriatric population across the world, is anticipated to assist the segment growth over the forecast period
• Asia Pacific held the largest revenue share in 2021. The expansion of the retail chain in countries such as India, Japan, and China has increased the rate of dietary supplements and functional food consumption in this region
• The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

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

Nutraceuticals Market Segmentation

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

Nutraceuticals Product Outlook (Revenue, USD Million, 2017 - 2030)

• Dietary Supplements
• Functional Food
• Functional Beverages

Nutraceuticals Dietary Supplements Product Outlook (Revenue, USD Million, 2017 - 2030)

• Vitamins
• Botanicals
• Minerals
• Proteins & Amino Acids
• Fibers & Specialty Carbohydrates
• Omega Fatty Acids
• Others

Nutraceuticals Functional Food Product Outlook (Revenue, USD Million, 2017 - 2030)

• Carotenoids
• Dietary Fibers
• Fatty Acids
• Minerals
• Prebiotics & Probiotics
• Vitamins
• Others

Nutraceuticals Functional Beverages Product Outlook (Revenue, USD Million, 2017 - 2030)

• Energy Drinks
• Sports Drinks
• Functional Juices
• Infants
• Others

Nutraceuticals Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Nutraceuticals Market

• Cargill, Incorporated
• Archer Daniels Midland Company
• DuPont
• Nestle S.A.
• Danone
• Royal DSM N.V.
• General Mills
• Innophos
• WR Grace
• Amway Corporation
• AOR Canada
• Arkopharma Laboratories S.A.
• Bactolac Pharmaceuticals, Inc.
• I.D Parry Ltd.
• Valensa International
• Matsun Nutrition
• Mead Johnson Nutrition Company
• Natrol Inc.
• The Hain Celestial Group, Inc.
• Herbalife 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.

Industrial Hemp Market Strong Application and Emerging Trends also Scope by 2028: Grand View Research Inc.

 Industrial Hemp Market Growth & Trends

The global industrial hemp market size is expected to reach USD 12.01 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.2% from 2021 to 2028. The upscaling utilization of hemp oil in food and beverage products for its dietary benefits is expected to increase the demand for hemp over the forecast period.

Population growth, coupled with the rising per capita disposable income, is expected to result in the increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products. These factors are expected to drive the market over the projected period.

Industrial hemp cultivation, harvesting, and processing are associated with increasing research and development activities to develop new genetic improvements, perfect agronomy, improved technologies to obtain a high yield, and premium quality products. Moreover, investments in research & development for enhanced performance in cancer treatments have offered growth prospects to the hemp industry.

Industrial hemp is an agricultural commodity and is highly dependent on climatic conditions, regulatory tolerance, and the availability of labor. Countries such as China, the world’s leading producer of hemp, have never restricted hemp production and have an advantage of inexpensive labor. However, oversupply is likely to be a major concern for the manufacturers over the forecast period.

Request a free sample copy or view report summary: Industrial Hemp Market Report

Industrial Hemp Market Report Highlights

• Based on product, seeds accounted for the largest volume share of over 40.0% in 2020 owing to the ascending demand for hemp grain to obtain seed, oil, and food matter for the food and nutraceutical markets on account of the high fatty acid content and nutritional value
• By application, the textilessegment held the largest revenue share in 2020 on account of the strong, hypo-allergic, and UV light resistant characteristics of hemp fibers
• The personal care application segment accounted for the second-largest revenue share in 2020 owing to the high consumption of hemp oil in the body and personal hygiene products, including soap, shampoo, body lotions, and hair care products
• The market in North America is expected to register the fastest volume-based CAGR of 21.2% over the forecast period owing to the rising demand for hemp in the automotive industry for manufacturing panels and as an alternative to fiberglass
• Major players in the industry focus on research & development activities to develop new varieties of the crop, full utilization of hemp crop, processing methods, and technologies used for processing to gain a greater market share

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

Industrial Hemp Market Segmentation

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

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

• Seeds
• Fiber
• Shives

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

• Animal Care
• Textiles
• Automotive
• Furniture
• Food & Beverages
• Paper
• Construction Materials
• Personal Care
• Others

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

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

List of Key Players of Industrial Hemp Market

• Parkland Industrial Hemp Growers Cooperative Ltd.
• CBD Biotechnology Co.
• Botanical Genetics, LLC
• Marijuana Company of America Inc.
• HempMeds Brasil
• Terra Tech Corp.
• American Cannabis Company, Inc.
• HempFlax B.V.
• Industrial Hemp Manufacturing, LLC
• American Hemp
• Hemp, Inc.
• Boring Hemp Company
• Plains Industrial Hemp Processing Ltd.
• Ecofiber Industries Operations
• Valley Bio Limited

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.

Omega 3 Supplements Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 Omega 3 Supplements Market Growth & Trends

The global omega 3 supplements market size is expected to reach USD 10.80 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.6% from 2020 to 2028. The demand for omega-3 supplements is projected to be driven by the growing adoption of the product to fulfill the daily nutritional requirements and maintain optimum health of organs by the geriatric population in developed economies, such as the U.S., Canada, the U.K., and France.

Furthermore, the outbreak of COVID-19 from the beginning of 2020 led to increased consumer awareness regarding the significance of immunity and immunity-boosting products, which is expected to fuel the demand for various omega fatty acids products. Increasing incorporation of products in gummies form with novel flavor is expected to increase product penetration among children in the coming years.

Docosahexaenoic acid (DHA) is an omega-3 fatty acid comprising over 93.0% of omega-3 fats in the retina and 97.0% in the human brain. Rising demand for DHA supplements for pregnant ladies owing to lack of adequate DHA in the diet is expected to drive the market. Additionally, increasing demand for omega-3 DHA-rich supplements from non-lactating mothers is expected to propel the product demand over the forecast period.

Rising chronic diseases such as strokes, arthritis, coronary heart diseases, and cancer are expected to propel the demand for omega 3 supplements over the upcoming years. According to the World Health Organization (WHO), over 14 million people between the ages of 30 and 70 die every year due to distinguished chronic diseases. Rising government support to provide consumers with low-cost preventive drugs is projected to propel the demand for omega 3 supplements over the forecast period.

Request a free sample copy or view report summary: Omega 3 Supplements Market Report

Omega 3 Supplements Market Report Highlights

• In terms of source, the krill oil-based omega 3 supplements are projected to expand at the fastest CAGR of 11.1% over the projected period on account of the growing demand for eicosapentaenoic acid (EPA) and DHA-based supplements among consumers globally
• On the basis of functionality, the cardiovascular health segment accounted for over 37.0% share of the overall revenue in 2019. The growing prevalence of cardiovascular diseases as a result of the slow and inactive lifestyle, especially in the age group of 30 to 40 years, and fluctuating dietary patterns are anticipated to spur the segment growth over the next few years
• The market in China is expected to witness significant growth over the upcoming years owing to the propelling spending capacity of consumers. Easy online availability of these supplements in the country has also strengthened its demand in the country
• Strong mass channels of distribution, online sales, and a growing number of standalone mass facing brands by several companies, including Optimum Nutrition; Herbalife International of America, Inc.; Now Foods., and Amway are the key factors expected to fuel the demand for fish oil-based omega 3 supplements over the upcoming years
• In September 2020, Aker BioMarine launched a new support vessel at Yantai yard, China. The new vessel's launching has assured the stakeholders that the lockdown due to the COVID-19 pandemic has not affected the company

Access Press Release@ https://www.grandviewresearch.com/press-release/global-omega-3-supplements-market

Omega 3 Supplements Market Segmentation

Grand View Research has segmented the global omega 3 supplements market on the basis of source, form, functionality, end-user, distribution channel, and region:

Omega 3 Supplements Source Outlook (Revenue, USD Million, 2017 - 2028)

• Fish Oil
• Krill Oil
• Algae Oil
• Others

Omega 3 Supplements Form Outlook (Revenue, USD Million, 2017 - 2028)

• Tablets
• Capsules
• Soft Gels
• Others

Omega 3 Supplements Functionality Outlook (Revenue, USD Million, 2017 - 2028)

• Cardiovascular Health
• Brain, Nervous System & Mental Health
• Eye Diseases
• Diabetes
• Others

Omega 3 Supplements End-user Outlook (Revenue, USD Million, 2017 - 2028)

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

Omega 3 Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• OTC
  • Supermarkets/ Hypermarkets/Food Stores
  • Drug Stores & Pharmacies
  • Online Retailers
  • Others
• Prescribed

Omega 3 Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • The Netherlands
  • Italy
  • Spain
  • Norway
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • New Zealand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • UAE

List of Key Players of Omega 3 Supplements Market

• Nordic Naturals, Inc.
• NutriGold Inc.
• Reckitt Benckiser Group plc
• Pharma Nord B.V
• i-Health, Inc.
• Aker BioMarine AS
• Luhua Biomarine (Shandong) Co., Ltd.
• Pharmavite LLC
• KD Pharma Group
• NOW Foods
• GlaxoSmithKline plc
• Natrol LLC
• Carlson Laboratories
• OmegaBrite
• Optimum Nutrition, Inc.
• VAYA Pharma
• Vital Choice Wild Seafood & Organics, SPC
• Bionova
• The Nature’s Bounty Co.
• Arkopharma

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.

Fire-resistant Glass Market Soaring Demand Assures Motivated Revenue Share By 2028

 Fire-resistant Glass Market Growth & Trends

The global fire-resistant glass market size is expected to reach USD 5.92 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Rising emphasis on improving the fire safety standards owing to increasing instances of fire accidents and the growing development of innovative infrastructure is expected to propel the market growth during the projected period.

Fire-resistant glass is produced for bearing heat and holding high temperatures, as a result, they provide a barrier against smoke, fire, and extreme heat. It is used in various applications like doors, windows, partition walls, and stairways, in numerous end-use industries including building & construction, marine, automotive, aerospace, and others. The rising product consumption in the building & construction industry owing to an increasing number of fire incidents and the imposition of strict norms & regulations for the incorporation of fire-resistant materials in construction activities will support market growth.

Rising disposable incomes, growing preference toward look & appeal in interiors, and increasing awareness about fire safety have augmented the product demand in premium or luxury construction. For instance, in May 2021, TECFIRE had received a contract to provide fire-rated glass for the development of infrastructure for island resorts, marinas, commercial districts, residential areas, and several entertainment districts at Lusail City, Qatar. Thus, increasing spending on the development of infrastructure projects from a safety perspective is likely to fuel the product demand over the forecast period.

The COVID-19 pandemic has impacted the construction sector, with restrictions on construction projects and stagnancy in infrastructure spending resulting in a downfall in global revenue. The major short-term challenges include fluctuation in raw material prices, unemployment, minimal production, mandatory shutdowns in construction projects, and disruptions in logistics. These factors have significantly hampered the market growth during the pandemic.

Request a free sample copy or view report summary: Fire-resistant Glass Market Report

Fire-resistant Glass Market Report Highlights

• In 2020, the ceramic product segment dominated the market in terms of revenue
• Ceramic-based product has high strength, low thermal expansion coefficient, and wear resistance, which makes it suitable for challenging environments in high-temperature applications
• The building & construction application segment is estimated to account for the maximum revenue share by 2028
• Increased construction activities coupled with rapid urbanization, particularly in developing countries like Africa, Thailand, Vietnam, China, India, and the Middle East countries, boost the product demand
• Moreover, the product usage in commercial buildings for various applications, such as server rooms, fire-safe floors, glass partitions, doors & windows, lift enclosures, and stair entry & exit points make the segment more lucrative
• North America is anticipated to maintain its dominance throughout the forecast period due to the rising focus on the improvement of the fire safety regulations & building safety standards by the governments and regulatory bodies

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

Fire-resistant Glass Market Segmentation

Grand View Research has segmented the global fire-resistant glass market on the basis of product, application, and region:

Fire-resistant Glass Product Outlook (Revenue, USD Million, 2017 - 2028)

• Wired
• Ceramic
• Gel-filled
• Tempered
• Others

Fire-resistant Glass Application Outlook (Revenue, USD Million, 2017 - 2028)

• Building & Construction
• Marine
• Others

Fire-resistant Glass Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Fire-resistant Glass Market

• Saint-Gobain
• AGC, Inc.
• GlasTrösch
• Nippon Sheet Glass Co., Ltd.
• POLFLAM sp. z o.o.
• Shandong Hengbao Fireproof Glass Factory Co., Ltd.
• Diamond Glass
• Pyroguard
• Safti First
• Schott AG

About Grand View Research

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

Formaldehyde Market To Benefit from Increased Global Uptake of 2021 By 2028

 Formaldehyde Market Growth & Trends

The global formaldehyde market size is expected to reach USD 12.21 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2021 to 2028. The growth can be attributed to the increasing construction activities across the world. The product is also increasingly being used in the manufacturing of disinfectants, vaccines, and personal care products, including mouthwash and toothpaste, on account of its exceptional antibacterial attributes. Increasing demand for these products is likely to boost the demand for formaldehyde over the forecast period.

A majority of these companies in the market have integrated their business operations across the value chain to incur maximum profit at the lowest investment. With the outbreak of the COVID-19 pandemic, major end-use industries such as automotive, construction, and wood were shut down at a global level, which has a severe impact on the demand for the product. Although, it is also used to produce hard-gel capsules, vaccines, and antibiotics, which positively affected the demand for formaldehyde.

Asia Pacific is expected to witness significant growth in the coming years owing to the rapid growth of the adhesives, automobile, furniture, and electrical and electronics manufacturing sectors in the region. The market in the Asia Pacific is growing on account of its low price, high reactivity, and high-quality performance. In addition, significantly growing construction and automotive industries in Asia Pacific countries, especially in China and India, are likely to trigger the demand for formaldehyde.

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

Formaldehyde Market Report Highlights

• In 2020, the urea formaldehyde (UF) derivatives segment held the largest revenue share of over 35.0% owing to its extensive usage in several end-use applications, including textiles, foundry sand, paper, electrical appliances, agriculture, and wood glue
• Asia Pacific held the largest revenue share of over 50.0% in 2020 owing to the rapid growth of adhesives, automobile, furniture, and electrical and electronics manufacturing sectors in the region. China is one of the key players as it is one of the largest producers of furniture products
• The melamine formaldehyde (MF) derivatives segment is anticipated to register the fastest revenue-based CAGR of 6.2% from 2021 to 2028 due to its exceptional properties such as moisture resistance, thermal stability, scratch resistance, flame retardant, strength, and hardness. Its characteristics such as gloss, hardness, and the ability to retain a dust-free surface make MF a better substitute in comparison to UF in the plastic food containers and plastic plates markets
• The market is highly fragmented. Key players are more inclined towards product development and mergers

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

Formaldehyde Market Segmentation

Grand View Research has segmented the global formaldehyde market on the basis of derivatives, end-use, and region:

Formaldehyde Derivatives Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Urea Formaldehyde (UF)
• Phenol Formaldehyde (PF)
• Melamine formaldehyde (MF)
• Polyacetal Resins
• Pentaerythritol
• 1,4 Butanediol
• Methylenebis
• Hexamethylenetetramine (HMTA)
• Others

Formaldehyde End-Use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

• Building & Construction
• Automotive
• Furniture
• Textile
• Healthcare
• Oil & Gas
• Agriculture
• Water Treatment
• Cleaning Products
• HVAC
• Others

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

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

List of Key Players of Formaldehyde Market

• Foremark Performance Chemicals
• Hexion
• Georgia-Pacific Chemicals
• Celanese Corporation
• BASF SE
• Capital Resin Corporation
• Evonik Industries AG
• DuPont
• Alfa Aesar
• Ashland
• Perstorp
• LRBG Chemicals 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.