Mushroom Market Size Projected to Rise Lucratively during 2022 to 2030: Grand View Research Inc.

 Mushroom Market Growth & Trends

The global mushroom market size is expected to reach USD 115.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.7% over the forecast period. Increasing adoption of vegan diets across the developed economies on account of growing consumer concerns towards animal welfare and the environment is likely to have a positive impact on industry growth. Rising consumer preferences for natural ingredient-based food and cosmetic products around the globe owing to growing awareness regarding the side effects of their synthetic counterparts are expected to drive demand for mushrooms.

Furthermore, mushrooms are rich sources of vitamins, antioxidants, essential oils, proteins, and other bioactive compounds leading to their increasing demand from pharmaceutical applications. Mushroom manufacturers have started focusing adoption of sustainable production processes to attract an environment-conscious customer base and improve brand position. For instance, Bonduelle Group, a France-based mushroom producer, focuses on Agroecology, wherein the company uses natural fertilizers and use renewable energy sources to produce mushrooms. In addition, the company has also started using cardboard boxes by replacing plastic packaging for its canned products starting November 2020.

The manufacturers are using mergers and acquisitions and partnership agreement strategies to expand the production capacity and increase their geographical presence. For instance, in April 2019, Greenyard signed an agreement with Carrefour Belgium, a retail group, for the supply of the former’s assortment of fresh fruits and vegetables. The agreement was intended to strengthen the commercial relationship of both companies and to expand the clientele base for Greenyard.

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Mushroom Market Report Highlights

• By product, the button type emerged as the dominant product segment and accounted for 61.8% of the total volume share in 2021. Wide-scale production, high shelf appeal, low price, and high nutritional value of the product are the factors that mainly attributed to segment growth
• The fresh mushrooms segment led the market in terms of volume as compared to the processed segment. The fresh segment is likely to witness a CAGR of 8.8% in terms of revenue over the forecast period owing to the higher preference of households and foodservice providers for fresh mushrooms to prepare meals and other exotic food products
• The supermarkets and hypermarkets segment dominated the market and accounted for a revenue share of 38.3% in 2021 owing to the high penetration in the developed markets in North America and Europe as well as growing penetration in the developing economies
• The food application segment held the largest revenue share of 86.8% in 2021. The segment is expected to witness substantial growth on account of growing consumer demand for packaged healthy food products
• Asia Pacific dominated the market in terms of production and consumption. The increasing vegan population in countries like China, India, and Japan is expected to have a positive impact on industry growth
• Growing demand for meat substitutesis likely to increase the demand for mushrooms. For instance, Germany-based food startup Walding has developed chicken alternatives using Laetiporus mushroom also known as chicken of the woods. The introduction of such innovative products is anticipated to open newer avenues to producers of mushrooms in the coming years

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Mushroom Market Segmentation

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

Mushroom Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Button
• Shiitake
• Oyster
• Matsutake
• Truffles
• Other

Mushroom Form Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Fresh
• Processed

Mushroom Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Direct to Customer
• Grocery Stores
• Supermarkets & Hypermarkets
• Convenience Stores
• Online Stores

Mushroom Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Food
• Pharmaceutical
• Cosmetics

Mushroom Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

 List of Key Players of Mushroom Market

• Bonduelle Group
• Costa Group
• CMP Mushroom
• Drinkwater Mushrooms
• Greenyard
• Monaghan Group
• Monterey Mushroom, Inc
• OKECHAMP S.A
• Shanghai Fengke Biological Technology Co., Ltd
• The Mushroom Company

About Grand View Research

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

U.S. Breath Analyzers Market Size, Share, Trends, Analysis And Growth Forecast To 2030: Grand View Research Inc.

 U.S. Breath Analyzers Market Growth & Trends

The U.S. breath analyzers market size is expected to reach USD 3.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.4% from 2022 to 2030. Growing demand for breath analyzers from law enforcement agencies and other institutions such as schools, sports, and offices to minimize alcohol abuse is a major market driver. Early diagnosis of diseases such as cancer, tuberculosis, and Chronic Obstructive Pulmonary Disease (COPD) plays a key role in the success rate of their treatment. Breath analyzers offer a quick primary diagnosis based on exhaled air contents.

Growing applications in private use such as measurement of breath Carbon Monoxide (CO) in smoking cessation activities are expected to boost market growth during the forecast period. During the COVID-19 pandemic, the breathalyzer market experienced a downturn as most commercial activities were halted. Owing to a close in production units and an interruption in the supply chain, most main revenue-generating end-users of the market were impacted, resulting reduction in sales of breath analyzers. However, the COVID-19 pandemic brought about a series of changes across industries.

For instance, the U.S. Department of Transportation announced that in the future new cars will be equipped with alcohol-sensing start buttons, which will prevent them from moving if it detects alcohol. Hence, it is expected that the market will witness the introduction of novel, innovative technologies, and new product launches during the forecast period, in turn, positively impacting growth. The growing prevalence of noncommunicable illnesses, along with the high rate of infectious diseases, is driving the double disease burden across the world. Hence, there is a significant demand for cheap, accessible, and ruggedized diagnostic tools that detect diseases early and direct patients to the right treatment channels.

Furthermore, the growing number of road accidents due to drunk driving and drug abuse has augmented the demand for breath analyzers, as these devices help monitor the presence of different compounds and measure the blood alcohol content in a breath sample. Sometimes breath analyzers provide inaccurate results, failing to differentiate alcohol from any other chemical compound that holds a methyl group structure. Some alcohol testing machines recognize not only ethyl alcohol but also any compound with a similar molecular structure. Thus, accuracy concerns pertaining to breath analyzers are expected to limit market growth.

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U.S. Breath Analyzers Market Report Highlights

• The fuel cell segment held a substantial share of over 33.0% in 2021, owing to the various benefits such as the compact size of devices and minimum power requirements, fuel cell technology has become a gold standard for hand-held devices
• The IR spectroscopy segment is expected to register a CAGR of 16.0% over the forecast period. Most of the breath analyzers are presently used for evidential purposes, use IR spectrometry. Infrared analysis is a non-destructive technology. Thus, such benefits are likely to support segment growth
• The alcohol detection segment accounted for the revenue share of over 49.0% in 2021 owing to stringent laws relating to drinking and driving, rising alcohol consumption, and growing usage of personal breath analyzers
• On the basis of end-use, the others segment is expected to exhibit lucrative growth during the forecast period. High crime rate in certain parts and strict drug testing regulations implemented by governments in the nation support segment growth
• There are increasing number of partnerships and collaborations being undertaken in this market to gain higher market share. Besides, market players engage in mergers and acquisitions to strengthen their market position
• In May 2020, Alcohol Countermeasure Systems Corp, an international group of companies involved in public safety, announced agreement with Ontario Ministry of Transportation for 5 years. ALCOLOCK Canada, division of Alcohol Countermeasure Systems Corp, was selected by the Ontario Ministry of Transportation

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U.S. Breath Analyzers Market Segmentation

Grand View Research has segmented the U.S. Breath Analyzers market on the basis of technology, application, and end use:

U.S. Breath Analyzers Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Fuel Cell Technology
• Semiconductor sensor
• Infrared (IR) Spectroscopy
• Others

 U.S. Breath Analyzers Application Outlook (Revenue, USD Million, 2017 - 2030)

• Drug Abuse Detection
• Alcohol Detection
• Medical Applications

U.S. Breath Analyzers End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Law Enforcement Agencies
• Individuals
• Others

List of Key Players of U.S. Breath Analyzers Market

• Drägerwerk AG & Co. KGaA
• Lifeloc Technologies, Inc.
• Quest Products, LLC.
• Intoximeters
• Alcohol Countermeasure Systems Corp.
• AK GlobalTech Corp.
• PAS Systems International, Inc
• Akers Biosciences, Inc.
• BACtrack
• Lion Laboratories (CMI INC.)
• Advanced Safety Devices

About Grand View Research

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

U.S. Cannabis Packaging Market With Strong Application and Scope By 2030

 U.S. Cannabis Packaging Market Growth & Trends

The U.S. cannabis packaging market size is expected to reach USD 9.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 30.6% over the forecast period. Cannabis is the most consumed drug other than alcohol and tobacco. According to the National Institute on Drug Abuse, more than 11.8 million young adults reported consumption of marijuana in 2018. The growing support of U.S. citizens for the use of medical cannabis will also fuel the market growth. With the rising popularity of vaping devices, teens have started vaping THC and nearly 4.0% of 12th graders respond they vape THC on daily basis.

These numbers are projected to increase in the future along with the legalization of marijuana for medical use or adult recreational use in U.S. states including Colorado, Washington, Alaska, Oregon, Washington, D.C., California, Maine, Massachusetts, Nevada, Michigan, Vermont, Guam, Illinois, Arizona, Montana, New Jersey, New York, Virginia, New Mexico, and Connecticut. The states have different rules and regulations for the use and possession of cannabis. For instance, in Colorado, retail purchases of cannabis at licensed dispensaries are subject to standard sales tax, plus an additional 10.0% marijuana sales tax. In addition, a 15.0% excise tax is applied to the wholesale price of retail marijuana, which is the price that businesses of Colorado pay to cultivators.

These rules and regulations vary as per the state governments in the U.S. In Washington, retail sales of cannabis at licensed dispensaries are subject to an excise tax of 37%. In California, there is a 15.0% excise tax and a standard state sales tax on retail sales of cannabis at licensed dispensaries. In Massachusetts, sales at licensed dispensaries are subject to standard state sales tax and a state excise tax of 10.7% as well as towns and cities can also impose up to a 3.0% tax on marijuana sales. The players are offering products as per the rules and regulations by the government for the possession and use of cannabis products.

These also decide the packaging product size as some markets have legal possession of cannabis for an adult up to 5 ounces, for instance, and some have permission for the possession of 10 ounces. Thus, the packaging differs as per the legalized sales in the U.S. states. The packaging manufacturers are effectively looking into it and developing products as per the state’s requirements. This is projected to support the growth of the market over the forecast timeframe. Furthermore, the growing legalization of retail sales of cannabis in the U.S. states is a major factor driving the demand for packaging solutions.

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U.S. Cannabis Packaging Market Report Highlights

• On the basis of material, the plasticsegment accounted for the highest market share in 2021 owing to extensive consumption of plastics in packaging products like jars, pouches, vials, containers, and thermoformed blisters and clamshells due to structural benefits and cost-effectiveness
• The bottles and jars segment accounted for the highest revenue share in 2021 and is expected to maintain the leading position throughout the forecast period. The availability of bottles and jars in wide varieties inclusive of size, shape, and quality among others is supporting the segment growth. The dried cannabis and cannabis extract is packaged in such bottles & jars
• The recreational use of cannabis packaging is expected to expand at a significant CAGR during the forecast period. The increasing demand for cannabis products among the adult population is primarily supporting the segment growth. In addition, the growing legalization of cannabis for recreational usage in more states of the country is driving the segment
• Key players are increasingly focusing on R&D activities, product development, and branding & marketing activities. Moreover, manufacturers are also focusing on advanced manufacturing machinery, raw material procurement, regulatory approvals, and certifications
• The strict rules and regulations by the governments on product selling and labeling is a factor projected to limit the market growth to an extent over the forecast period

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U.S. Cannabis Packaging Market Segmentation

Grand View Research has segmented the U.S. cannabis packaging market on the basis of material, product, and application:

U.S. Cannabis Packaging Material Outlook (Revenue, USD Million, 2017 - 2028)

• Plastic
• Metal
• Glass
• Paper

U.S. Cannabis Packaging Product Outlook (Revenue, USD Million, 2017 - 2028)

• Bottles & Jars
• Tubes
• Tins
• Pouches
• Blisters & Clamshells
• Others

U.S. Cannabis Packaging Application Outlook (Revenue, USD Million, 2017 - 2028)

• Recreational Use
• Medical Use

List of Key Players of U.S. Cannabis Packaging Market

• Berry Global Inc.
• KushCo Holdings Inc.
• L. CLARK
• IMPAK Corporation
• Pollen Gear
• Cannaline Cannabis Packaging Solutions
• N2 Packaging Systems, LLC
• Green Rush Packaging
• Norkol Packaging LLC
• MMC DEPOT

About Grand View Research

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

U.S. Laboratory Informatics Market Growth in the Coming Years

 U.S. Laboratory Informatics Market Growth & Trends

The U.S. Laboratory informatics market size is expected to reach USD 1.62 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.5% over the forecast period. The rising demand for lab automation and information management activities owing to the increasing amount of data generated by research laboratories is one of the primary growth stimulants for the market. The COVID-19 pandemic management has become the key challenge across the globe. Clinical laboratories are struggling to manage the rapid influx of COVID-19 testing samples, which, in turn, is affecting their ability to offer precise testing.

The implementation of automated solutions, such as Laboratory Information Management Systems (LIMS), is anticipated to relieve this stress on clinical laboratories by encouraging efficient testing of voluminous samples. Laboratories are important to both research and manufacturing companies in the healthcare industry. A large amount of data is generated in these labs, which is impossible to capture, collect, store, and analyze manually. This is creating insurmountable obstacles for data management processes and conventional documentation requirements, especially in regulated environments, such as the life sciences sector.

Most laboratories manage information by combining manual & automatic methods and process it by using independent non-integrated data-processing systems. The use of isolated systems in laboratories hamper timely data transfer across information management systems, leading to unexpected delays and additional costs. In addition, manual transfer methods increase the likelihood of errors/loss, leading to added QA controls and a high number of manual transcription steps, which result in decreased efficiency and longer throughput time. The seamless flow of information from raw data to reusable knowledge is managed by a combination of various informatics systems.

In a laboratory, the deployment of these informatics systems is highly dependent on the environment (such as discovery, development, or manufacturing) and scientific domain (such as biology, chemistry, among others). The application of an informatics system in drug discovery is different from how it is used in clinical and manufacturing domains. The overall focus of laboratory informatics is efficiency improvement with respect to paperless information management, regulatory compliance, information quality, and labor cost. The aforementioned benefits are expected to augment the market over the forecast period.

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U.S. Laboratory Informatics Market Report Highlights

• The LIMS segment held a substantial share of the global revenue in 2021 owing to the high adoption by biobanks coupled with increased demand for integrated healthcare solutions
• The cloud-based solutions segment is expected to register a significant CAGR over the forecast period owing to the advantages of these solutions over on-premise and web-hosted solutions
• The services component segment held the largest share in the market in 2021 due to the increasing trend of outsourcing by life science companies
• On the basis of end-use, the life science segment accounted for the maximum revenue share in 2021 due to the high adoption of laboratory informatics systems
• Market players are involved in extensive research for innovation and upgrade of the existing systems. Thus, the introduction of new products is expected to provide this market with lucrative growth opportunities
• In November 2021, PerkinElmer, Inc. publicized the introduction of its PKeye Workflow Monitor, a cloud-based platform allowing laboratory workers to remotely manage and monitor the company’s instruments and workflows in real-time

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U.S. Laboratory Informatics Market Segmentation

Grand View Research has segmented the U.S. laboratory informatics market on the basis of product, delivery mode, component, and end use:

U.S. Laboratory Informatics Product Outlook (Revenue, USD Million, 2017 - 2030)

• Laboratory Information Management Systems (LIMS)
• Electronic Lab Notebooks (ELN)
• Scientific Data Management Systems (SDMS)
• Laboratory Execution Systems (LES)
• Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS)
• Chromatography Data Systems (CDS)
• Enterprise Content Management (ECM)

U.S. Laboratory Informatics Delivery Mode Outlook (Revenue, USD Million, 2017 - 2030)

• On-Premise
• Web-hosted
• Cloud-based

U.S. Laboratory Informatics Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software
• Services

U.S. Laboratory Informatics End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Life Sciences
  • Pharmaceutical and Biotechnology Companies
  • Biobanks/Biorepositories
  • Contract Services Organizations
  • Molecular Diagnostics & Clinical Research Laboratories
  • Academic Research Institutes
• CROs
• Chemical Industry
• Petrochemical Refineries and Oil & Gas
• Food & Beverages and Agriculture
• Environmental Testing Labs
• Others Industries

List of Key Players of U.S. Laboratory Informatics Market

• Thermo Fisher Scientific, Inc.
• Waters
• LabWare
• Core Informatics
• LabVantage Solutions, Inc.
• LabLynx, Inc.
• PerkinElmer Inc.
• Abbott
• Agilent Technologies, Inc.
• IDBS

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.

Metal Stamping Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Metal Stamping Market Growth & Trends

The global metal stamping market size is anticipated to reach USD 270.32 billion by 2028, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. The increasing production of automobiles is anticipated to drive the demand for metal stamping as it is used in manufacturing of car body panels, transmission components, and interior and exterior structural components.

Automobile consumers are shifting their focus towards lightweight vehicles on account of rising concerns about environmental pollution. According to the Center for Automotive Research (CAR), the global light vehicles sales reached around 94 million in 2018 and are expected to reach nearly 110 million by 2026. The growing demand for lightweight vehicles is encouraging auto component manufacturers to increase their production capacities and engage in new product developments, which, in turn, is anticipated to augment market growth over the coming years.

Major automobile manufacturers that have in-house component manufacturing facilities are expanding their production capacities to meet the growing demand for automobiles. For instance, in February 2019, Ford Motor Company announced to invest USD 1 billion in Chicago assembly and stamping plants. With the investment, the company plans to add all-new stamping lines and all-new body shops and paint shops that are used to manufacture 2020 Ford Explorer, Police Interceptor Utility, and Lincoln Aviator. Thus, increasing production of these vehicles is anticipated to drive product demand over the coming years.

In Asia Pacific, increasing demand for consumer electronics such as mobile phones, computers, laptops, and headphones is likely to boost the demand for metal stamping as it is used in manufacturing metal frames such as metal headbands that are used in headphones. Change in consumer preferences towards enhanced audio experience along with a rapidly growing music industry, and advancement in VR technology are the major factors that are expected to drive the demand for headphones.  This, in turn, is likely to propel market growth over the coming years.

The market is highly competitive with the presence of local as well as global market players including Alcoa Corporation; Kenmode Precision Metal Stamping; Lindy Manufacturing Co.; Acro Metal Stamping; Manor Tool and Manufacturing Company; D&H Industries; and Klesk Metal Stamping, Inc. These companies are focusing on long term agreements, capacity expansions, and mergers and acquisitions to meet the growing product demand from potential customers. For instance, in March 2017, Arconic signed a multi-year agreement with Toyota Motor Corp. to supply aluminum for its new Lexus RX. With this agreement, Arconic is the sole aluminum sheet supplier for Lexus RX.

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Metal Stamping Market Report Highlights

• The blanking segment is anticipated to progress at a CAGR of 3.2%, in terms of revenue over the forecast period owing to the increasing demand from the automotive industry on account of its precise and superior stamping ability
• The bending segment accounted for a revenue share of 16.7% in 2019. Products manufactured using this process ensure stability and durability, thus it is mostly used in auto components.
• Consumer electronics is the fastest-growing segment in terms of revenue with a CAGR of 4.3% over the forecast period. The growth is attributable to the increasing utilization of lightweight metal components to improve the durability of electronics.
• Industrial machinery accounted for a revenue share of 19.2% in 2019 owing to the growing demand for machinery and automation to improve the efficiency of the output
• North America is expected to witness a CAGR of 2.5% in terms of revenue and is anticipated to continue dominating the overall metal stamping market over the forecast period owing to the increasing production of automobiles and consumer electronics.

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Metal Stamping Market Segmentation

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

Metal Stamping Process Outlook (Revenue, USD Billion, 2017 - 2028)

• Blanking
• Embossing
• Bending
• Coining
• Flanging
• Others

Metal Stamping Application Outlook (Revenue, USD Billion, 2017 - 2028)

• Automotive
• Industrial Machinery
• Consumer electronics
• Aerospace
• Electrical & Electronics
• Telecommunications
• Others

Metal Stamping Regional Outlook (Revenue, USD Billion, 2017 - 2028)

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

List of Key Players of the Metal Stamping Market

• Acro Metal Stamping
• Manor Tool & Manufacturing Company
• D&H Industries, Inc.
• Kenmode, Inc.
• Klesk Metal Stamping Co
• Clow Stamping Company
• Goshen Stamping Company
• Tempco Manufacturing Company, Inc
• Interplex Holdings Pte. Ltd.
• CAPARO
• Nissan Motor Co., Ltd
• AAPICO Hitech Public Company Limited
• Gestamp
• Ford Motor Company

About Grand View Research

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

Smart Cities Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 Smart Cities Market Growth & Trends

The global smart cities market size is expected to reach USD 676.01 billion by 2028, registering a CAGR of 29.3% over the forecast period, according to a study conducted by Grand View Research, Inc. The demand for smart cities is anticipated to increase primarily due to factors such as rising urban population, growing necessity to efficiently manage limited natural resources, and environmental sustainability. Smart cities include a large number of domains and application areas augmented with technological advancements and their efficient use to provide services to citizens of a city. The aging infrastructure, rapid urbanization, and adoption of the latest technology, coupled with the demand for improved quality of life, are driving the market growth.

The growing number of inhabitants and the rapid rate of urbanization has subjected the existing infrastructure to high stress. There is a growing necessity for efficient and sustainable infrastructure management. As such, city governments and municipalities are tackling these problems through smart city initiatives across mobility, utility management, and safety domains. Furthermore, the increase in traffic congestion and greenhouse gas emissions is driving the adoption of smart mobility and efficient energy management applications. This is driving the demand for smart cities globally.

The market for smart cities covers various sectors such as transport, water, healthcare, assisted living, energy, and security. Smart city implementation differs from city to city primarily due to the disparity in technological penetration, awareness, and investments. The high volume of initial financial investments needed to establish different sectors and departments for efficient smart city implementation and the lack of a systemic process for the same may hinder the market growth. However, the market is expected to grow significantly over the forecast period owing to the increasing availability of technology, renewed interest in smart cities via initiatives and investments, and all-inclusive involvement of industry stakeholders in the same.

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Smart Cities Market Report Highlights

• The smart utilities segment is anticipated to register a CAGR of 24.0% over the forecast period. The advent of smart grids is a significant factor driving the adoption of smart utilities. The integration of advanced data analytics and cloud technologies into smart utilities is also expected to drive the segment growth
• The smart infrastructure segment is anticipated to register the highest CAGR of 17.0% over the forecast period. The demand for smart infrastructure is driven by the need for a smart and sustainable city that uses ICTs primarily to improve the quality of life and efficiency of urban operations
• The smart ticketing and travel assistance segment is expected to record a CAGR of 37.6% over the forecast period. The growing adoption of mobile ticketing at venues such as cricket stadiums and amusement parks, coupled with the launch of NFC-enabled smartphones and contactless smart cards, is expected to create opportunities for the smart ticketing segment growth over the forecast period
• The private segment is expected to register a CAGR of 28.9% over the forecast period. Players in the private sector, including service providers, collaborators, and financiers, collaborate and aid in the planning and designing of projects with technical insights and best practices to implement and deliver technology solutions
• The waste management segment is estimated to attain a significant size in terms of revenue by 2028, registering a CAGR of 26.3% over the forecast period. Several governments are approaching system integrators, OEMs, and distributors to install smart trash bins across various cities and municipalities, which is driving the segment growth
• Asia Pacific is anticipated to register the highest CAGR of 39.4% over the forecast period. The region is demonstrating a myriad of smart city initiatives, mostly influenced by national agendas and the growing need to upgrade aging infrastructure
• Some of the prominent players operating in the market include ABB Limited; AGT International; AVEVA Group plc; and Cisco Systems, Inc.

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

Smart Cities Market Segmentation

Grand View Research has segmented the global smart cities market based on application, governance model, and region:

Smart Cities Application Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Governance
• Smart Building
• Environmental Solution
• Smart Utilities
• Smart Transportation
• Smart Healthcare

Smart Cities Smart Governance Outlook (Revenue, USD Million, 2016 - 2028)

• City Surveillance
• CCS
• E-governance
• Smart Lighting
• Smart Infrastructure

Smart Cities Smart Utilities Outlook (Revenue, USD Million, 2016 - 2028)

• Energy Management
• Water Management
• Waste Management

Smart Cities Smart Transportation Outlook (Revenue, USD Million, 2016 - 2028)

• Intelligent Transportation System
• Parking Management
• Smart Ticketing & Travel Assistance

Smart Cities Governance Model Outlook (Revenue, USD Million, 2016 - 2028)

• Public
• Private
• PPP

Smart Cities Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Russia
  • Nordic Region
  • Eastern Europe
• Asia Pacific
  • Australia
  • China
  • India
  • Japan
  • ASEAN
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • Africa
  • Middle East

List of Key Players in the Smart Cities Market

• ABB Limited
• AGT International
• AVEVA Group plc.
• Cisco Systems, Inc.
• Ericsson
• General Electric
• Honeywell International Inc.
• International Business Machines Corporation
• Itron Inc.
• KAPSCH Group
• Huawei Technologies Co., Ltd.
• Microsoft Corporation
• Oracle Corporation
• Osram Gmbh
• SAP SE
• Schneider Electric SE
• Siemens AG
• Telensa
• Verizon
• Vodafone Group plc

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.

Dietary Supplements Market Strong Application and Emerging Trends also Scope by 2030: Grand View Research Inc.

 Dietary Supplements Market Growth & Trends

The global dietary supplements market size is expected to reach USD 327.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% over the forecast period. Growing awareness regarding personal health and wellness owing to changing eating habits and hectic lifestyles is expected to drive the demand for dietary supplements over the forecast period. Increasing urbanization and growing disposable income around the world is driving the demand for products that can cover the nutritional deficit at higher convenience is the key factor driving the demand for vitamins, minerals, proteins and amino acids, and other supplement products around the world.

The increasing interest of millennials in building health through a healthy diet is expected to positively impact market growth. The obesity rate in adults in the U.S stood at 42.4% in the year 2020 which has increased from 26.0% in 2008. The Obesity rate in the European region was above 51.6% in 2014 and is continuously rising. The increasing prevalence of diseases like cardiovascular diseases, diabetes, high blood pressure is expected to bolster the demand for dietary supplements, especially in energy and weight management, gastrointestinal health, and cardiac health applications.

The rising trend of veganism around the globe is expected to benefit the plant-based nutritional products around the globe which is expected to drive the demand for botanical ingredient-based dietary supplements over the forecast period. For instance, In Jan 2021, Flume Formulas Ltd. introduced a product line of botanical supplements which included products FLOW, DRIFT, and BASK for athletes which can be used as pre-workout and post-workout energy and recovery application. Similarly, in July 2019, Amway Corp. introduced an improved version of calcium supplement Nutrilite Cal Mag D Plus in India. The company aimed to acquire an 11% market share in calcium supplements with the product launch.

The global outbreak of the COVID-19 pandemic has largely impacted the industrial output in the majority of the countries. However, the demand for food and beverage and pharmaceutical products remained unaffected. Though the companies faced challenges in terms of logistics due to imposed lockdown. The increasing demand for immunity-boosting supplements including vitamins, minerals, and several herbs benefitted the market in the year 2020.

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Dietary Supplements Market Report Highlights

• The proteins and amino acids segment is expected to register the fastest revenue CAGR of 13.4% over the forecast period. The increasing number of sports enthusiasts, bodybuilders coupled with increasing awareness among the consumers regarding the importance of protein supplements are the key driving factors of the segment
• The tablets segment accounted for the largest revenue share valued at USD 51,141.5 million in 2021. The major reason behind the high market share is their cost-effectiveness and ability to deliver a precise dosage
• The energy and weight management segment accounted for 30.6% of revenue share in 2021. The increasing prevalence of obesity among adults and children around the globe owing to changing food habits is expected to drive the demand for weight management products over the forecast period.
• The infant end-user segment is expected to witness a CAGR of 13.4% over the forecast period. Higher prevalence of malnutrition among infants in developing countries coupled with the growing acceptance of infant food products by the parents' concern with the health of their children are the key reasons for segment growth
• North America accounted for the largest revenue share valued at USD 52,874.7 million in 2021. Higher per capita income, high urbanization rate, and higher consumer awareness regarding health and wellness are responsible for the higher consumption of the dietary supplements

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 Dietary Supplements Market Segmentation

Grand View Research has segmented the global dietary supplements market on the basis of ingredient, form, application, end-user, type, distribution channel, and region:

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

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

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

• Tablets
• Capsules
• Soft gels
• Powders
• Gummies
• Liquids
• Others

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

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Anti-cancer
• Lungs Detox/Cleanse
• Skin/Hair/Nails
• Sexual Health
• Brain/Mental Health
• Insomnia
• Menopause
• Anti-aging
• Prenatal Health
• Others

Dietary Supplements End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

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

• OTC
• Prescribed

Dietary Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
  • Hypermarkets/Supermarket
  • Pharmacies
  • Specialty Stores
  • Practioner
  • Others
• Online

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

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

 List of Key Players of Dietary Supplements Market

• Amway Corp.
• Glanbia PLC
• Abbott
• Bayer AG
• Pfizer Inc.
• ADM
• NU SKIN.
• GlaxoSmithKline plc
• Bionova
• Ayanda
• Arkopharma
• Herbalife International of America, 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.

Brachytherapy Treatment Planning Systems Market Set to Witness an Uptick during 2022 to 2030: Grand View Research Inc.

 Brachytherapy Treatment Planning Systems Market Growth & Trends

The global brachytherapy treatment planning systems market size is expected to reach USD 1.5 billion by 2030, registering a CAGR of 9.3% over the forecast period, according to a new report by Grand View Research, Inc. The global prevalence of cancer and cancer-related mortality is rapidly rising and driving the demand for innovative cancer care solutions. According to Globocan 2020 estimates, in 2020, 19.3 million new cancer cases were detected across the globe. Some of the most commonly diagnosed cancer cases are breast cancer, prostate cancer, lung cancer, and colorectal cancer. According to the WHO, globally, cancer is a leading cause of death claiming one in every six lives.

The dramatically rising prevalence of cancer is boosting the demand for innovative cancer care therapies with precise and accurate outcomes. The oncology care industry is witnessing a surge in innovations and investments by key participants developing novel technologies, which are anticipated to significantly transform the cancer care treatment regime. Constantly evolving healthcare infrastructure, increasing healthcare IT spending, and the unraveling of growth opportunities in emerging economies is propelling the market growth. Various government bodies and agencies across the globe are promoting public-private partnerships to boost product development strategies.

Along with the growing prevalence of cancer, the rising number of radiotherapy centers with technologies for better brachytherapy treatment planning is boosting the market growth. In recent years, the number of well-developed and technologically advanced radiotherapy centers is increasing. The adoption of brachytherapy treatment planning and patient care management is increasing due to the availability of better radiotherapy centers, public-private partnerships for the establishment of better facilities, and strategic collaborations of major players with radiotherapy centers for providing technologically advanced machines with enhanced treatment planning and delivery software & tools.

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Brachytherapy Treatment Planning Systems Market Report Highlights

• In 2021, the auto-contouring software segment dominated the market owing to the multiple benefits offered by auto-contouring software over manual contouring
• In-room imaging segment dominated the market in 2021 owing to the reduction of therapy uncertainties and improved precision treatment
• North America was the largest regional market in 2021 owing to the high cancer prevalence and the presence of a favorable reimbursement framework & advanced healthcare infrastructure
• Market players are integrating Artificial Intelligence(AI) and Machine Learning (ML) algorithms in their product offerings to improve screening & diagnosis, simulation, treatment planning, and care management
• The integration of AI/ML has significantly improved clinical decision support, data mining, diagnosis, and imaging segments of oncology care. These algorithms can be used for image segmentation and detection of areas of clinical importance
• According to Renal & Urology News, in February 2020, AI algorithms integrated with cancer care have had a positive impact on brachytherapy effectiveness on men with prostate cancer
• The massive piling & accumulation of cancer-related data, increasing need for timely diagnosis, and high demand for tailor-made cancer treatment plans are boosting the adoption of AI/ML into oncology

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Brachytherapy Treatment Planning Systems Market Segmentation

Grand View Research, Inc. has segmented the global brachytherapy treatment planning systems market on the basis of component, technique, and region:

Brachytherapy Treatment Planning Systems Component Outlook (Revenue, USD Million, 2017 - 2030)

• Auto-Contouring Software
• Multi-Modality Software
• PET/CT Deformable Software
• DICOM-RT Software

Brachytherapy Treatment Planning Systems Technique Outlook (Revenue, USD Million, 2017 - 2030)

• 3D Image Reconstruction
• In-Room Imaging
• Image Registration using Graphics Processor Unit

Brachytherapy Treatment Planning Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Brachytherapy Treatment Planning Systems Market

• Elekta AB
• RaySearch Laboratories
• Varian Medical Systems
• Prowess Inc.
• MIM Software 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.

LPG Tanker Market Valuation to Reach USD 286.48 Million by the end of 2030: Grand View Research Inc.

 LPG Tanker Market Growth & Trends

The global LPG tanker market size is expected to reach USD 286.48 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. Strong growth in shale gas production is likely to propel the market growth over the coming years. The volatility of crude oil prices coupled with developments in hydraulic fracturing and horizontal drilling methods resulted in major companies shifting their attention towards the production of oil and gas from shale rock. Change in focus towards the production of shale gas is further projected to enhance market growth over the estimated period. The Very Large Gas Carriers (VLGC) segment led the market in 2021.

However, the Large Gas Carrier (LGC) is anticipated to take over the forecast period by a small margin. Very large gas carriers are widely used for the transportation of liquified petroleum gas (LPG) for longer distances across various countries. Growing liquefied petroleum gas trade relationships between various regions, such as the Middle East and Asian countries, Western Africa and Europe, and the United States, is the major factor projected to boost the VLGC segment growth. The full-pressurized segment led the market in 2021 and will maintain its lead throughout the forecast period. The market is anticipated to have a steady growth in all segments as the amount of LPG transported increases.

The supply chain of the LPG and ancillary industries was affected due to the shutdown of production facilities, especially in Asia Pacific, as it was the epicenter of the COVID-19. The manufacturing and energy & power sectors globally experienced a considerable slowdown due to the COVID-19. In addition, local and international travel restrictions, quarantine requirements, and lockdowns further delayed shipments of LPG that were in process of being delivered. The market growth is determined by improved LPG trading around the globe. Shale gas extraction is likely to rise at a rapid pace, which will drive growth over the forecast years. Factors including capacity expansion of shale gas from untapped stocks enhanced global gas trade, and ongoing usage of liquefied petroleum gas as a cooking fuel is contributing to the development of the market for liquefied petroleum gas tankers.

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LPG Tanker Market Report Highlights

• In terms of revenue, the VLGC segment accounted for the maximum revenue share in 2021 and is projected to expand further at a steady growth rate over the forecast period
• The full-pressurized segment dominated the market and accounted for more than 32.5% of the global revenue share in 2021
• In 2021, Europe was the dominant regional market on account of the increasing demand for LPG
• Various strategic initiatives were recorded over the past few years to boost the growth of the market
• For instance, In August 2021 Ultragas ApS merged with Navigator gas and has created a combined fleet of 56 ships. This merger was done to stay competitive in the market and reduce the current competition
• The liquified petroleum gas market is becoming increasingly centralized with a lot of mergers and acquisitions taking place between the players

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LPG Tanker Market Segmentation

Grand View Research has segmented the global LPG tanker market based on vessel size, refrigeration & pressurization, and region:

LPG Tanker Vessel Size Outlook (Revenue, USD Million, 2019 - 2030)

• Very Large Gas Carriers (VLGC)
• Large Gas Carriers (LGC)
• Medium Gas Carriers (MGC)
• Small Gas Carriers (SGC)

LPG Tanker Refrigeration & Pressurization Outlook (Revenue, USD Million, 2019 - 2030)

• Ethylene
• Full Refrigeration
• Semi Refrigeration
• Full Pressurized

LPG Tanker Regional Outlook (Revenue, USD Million, 2019 - 2030)

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

List of Key Players of the Liquefied Petroleum Gas (LPG) Tanker Market

• BW Group
• Dorian LPG Ltd.
• EXMAR
• Hyundai Heavy Industries Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• Mitsubishi Heavy Industries, Ltd.
• Namura Shipbuilding Co., Ltd.
• PT Pertamina (Persero)
• StealthGas Inc.
• The Great Eastern Shipping Co. Ltd.

About Grand View Research

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