Mackerel Market is Projected to Boost USD 1,371.6 Million by 2028: Grand View Research Inc.

 Mackerel Market Growth & Trends

The global mackerel market size is expected to reach USD 1,371.6 million by 2028, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. This can be credited to its economical pricing coupled with various health benefits provided and rising demand in developing economies like China and India.

The COVID-19 pandemic had a significant negative impact on the global mackerel market. the lockdown was imposed across the various countries by the government and the movement of the population from one place to another was halted. As a result, supply chains and distribution of mackerel were disrupted, resulting in a shortage in the market. Nonetheless, the uplift in restrictions of COVID-19 guidelines will result in the growth of the market at a healthy pace.

Mackerel is gaining more popularity across the globe in the fish industry. Rising awareness among consumers regarding the health aids of mackerel in their diet is propelling the industry demand. Also, mackerel being economical to pocket and being health beneficial is gaining more traction around the world. Rising consumers' awareness concerning the benefits of omega-3 fatty acids in their diets as it helps in boosting brain development, reduces cholesterol and also decreases the risk of asthma and depression. All these factors are anticipated to boost mackerel market growth over the forecast period.

The product consists of high levels of fatty acids, which help in improving endurance and retaining healthy and glowing skin. Omega-3 is present in mackerel as marine fatty acids such as EPA (eicosapentaenoic acid) and DHA (docosahexaenoic acid), which help reduce and prevent cardiovascular disease development. Owing to all these health benefits, the industry is likely to propel during the forecast period.

The frozen form segment contributed to the highest share of around 55% of the global market revenue in 2021. Frozen forms are widely used in fish preservation. Freezing helps in making the product available round the year for consumption. Additionally, freezing of fish leads to the stoppage of all microbiological activities causing food spoilage and poisoning. Also, frozen seafood or fish have a high-level inspection of microbiological checks, thus making it pure and hygienic for consumption. Owing to all these factors, the growth of this segment is anticipated to boost over the coming years.

Asia Pacific holds the highest industry share of over 65% in 2021, owing to the majority of fish capture and aquaculture being done. The mackerel market has gained higher traction in developing countries, owing to multiple health benefits at an economical cost. Additionally, large coastal areas, along with the increasing population in this region, endorse fish cultivation and fishing. Owing to these factors, the growth of the market is anticipated to boost over the coming years in this region.

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Mackerel Market Report Highlights

• Central & South America is expected to register a 5.5% CAGR from 2022 to 2028, owing to rising consumption of mackerel due to multiple health benefits
• The canned form segment is expected to expand with the fastest CAGR of 5.0% during the forecast period from 2022 to 2028. The growth of the segment is attributed to the rising demand and consumption of preserved and packaged fish
• Europe is anticipated to expand at a second-fastest CAGR of 4.8% during the forecast period. The growth of the regional market is contributed to the high consumption and production of mackerel in the region coupled with increasing demand for frozen and ready-to-use mackerel products
• Hypermarkets and supermarkets' distribution channels held the largest share in 2021, contributing more than 40% of the total revenue due to the strong position of this segment in the fisheries industry

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Mackerel Market Segmentation

Grand View Research has segmented the mackerel market based on form, distribution channel, and region.

Mackerel Form Outlook (Revenue, USD Million, 2017 - 2028)

• Frozen
• Canned

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

• Hypermarkets and Supermarkets
• Convenience Store
• Online
• Others

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

• North America
  • US.
• Europe
  • Germany
  • Norway
  • France
• Asia Pacific
  • China
  • India
• Central & South America
  • Chile
• Middle East & Africa
  • Egypt

List of Key Players of Mackerel Market

• Thai Union Group Public Company Ltd
• Siam Canadian Foods Co. Ltd
• Ocean Treasure World Foods Limited
• Pinetree Vietnam Company Limited
• Subo International Holland
• Viet Ocean Seafood Vietnam
• Ocean More Foods Co., 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.

Medium Cars Market Revenue Sales to Reach USD 363.1 Billion by 2028: Grand View Research Inc.

 Medium Cars Market Growth & Trends

The global medium cars market size is expected to reach USD 363.1 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2022 to 2028. The market is driven by the rising disposable income of the consumers, increasing spending on personal transportation, and continuously dropping prices of automobiles due to technological development. In addition, new product developments with technological advancements and innovative designs with eye-catching color combinations are attracting more consumers, which is fueling the growth of the market. Furthermore, innovative designs and competitive pricing of medium cars from manufacturers to appeal to the consumers of this segment will further boost the market growth in the near future.

Medium-sized cars have benefits over other cars such as fuel efficiency and lighter weight. As they are made of less material, they consume less energy. These cars have small engines and are easier to maneuver through busy traffic. In addition, the parking space required for these cars is smaller. These factors attract consumers, which is eventually fueling the market growth. The majority of automakers are introducing automatic transmissions in medium cars to enhance the entire driving experience with the help of continuously advancing technology, which will further propel the market growth globally.

Medium cars are gaining popularity in the global passenger cars market with consumers’ increased inclination towards having cost-effective, convenient, and environmentally-friendly choices, which will drive the market globally. Customization facilities offered by several automakers, such as selection of colors, wheel rims, and digital screens, to attract consumers are accelerating the market growth. The growing middle-class population all across the globe and their increased inclination towards personal vehicles will create a rising demand for medium cars in the near future.

Due to the Covid-19 pandemic, the automobile manufacturing industries witnessed a setback in the production process as the supply chain was disrupted, thus creating a deficiency in the raw material. Many governments imposed restrictions and lockdowns, which led to the absence of laborers and affected the sales of medium cars in the store. The market for medium cars witnessed a negative impact on the growth aspects, however as the vaccination for Covid-19 is progressing and restrictions are relaxed, the market is expected to perform well in the future and witness positive growth.

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Medium Cars Market Report Highlights

• Asia Pacific held the largest revenue share of over 45.0% in 2021 and will continue to grow at a substantial rate over the forecast period. A large working population in China, India, and Japan will support the market growth in this region
• The electric fuel type segment is expected to expand at the fastest CAGR of 14.3% from 2022 to 2028. Consumers’ growing demand for electric vehicles and new product developments with the latest technological advancements will drive the segment
• Europe is expected to register the fastest CAGR of 7.1% from 2022 to 2028. An increase in disposable income, the rising presence of top brands, higher spending on luxury goods, and consumers’ increasing inclination towards owning personal transportation are anticipated to boost the regional market growth
• The petrol fuel type segment accounted for the largest revenue share of over 45.0% in 2021. A large percentage of car owners still prefer petrol-based cars over electric cars in the developing countries as charging ports are not easily available across the country

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Medium Cars Market Segmentation

Grand View Research has segmented the global medium cars market based on fuel type and region:

Medium Cars Fuel Type Outlook (Revenue, USD Million, 2017 - 2028)

• Petrol
• Diesel
• Electric
• Others

Medium Cars Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in Medium Cars Market

• Stellantis NV
• Toyota Motor
• Renault
• Volkswagen
• Hyundai Motor Company
• Kia Corporation
• Suzuki Motor Corporation
• General Motors (Chevrolet)
• Ford Motor Company
• BMW Group
• Honda Motor Company, 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.

Floor Covering Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Floor Covering Market Growth & Trends

The global floor covering market size is expected to reach USD 566.5 billion by 2028, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Increasing investment in R&D by various players to develop innovative products coupled with increasing demand for floor covering in developed and developing nations are likely to drive the market growth over the forecast period. Furthermore, the spike in infrastructure projects in emerging markets has a beneficial influence on market growth.

The need for floor covering is expected to rise as more people need to furnish their homes and offices. Over the projected period, rising demand for insulation is also predicted to fuel market growth. Companies are renovating workplace environments to integrate modular systems furniture, resulting in a rise in office improvement. As a result, the market is expected to rise throughout the forecast period.

The wood flooring segment will register the highest growth at 6.8% from 2022 to 2028 due to its significant increasing demand in the commercial industry. These types of products are in high demand mostly in emerging countries. It is one of the most widely used forms of floor covering product. Growing home renovation owing to construction and non-construction activities and increased disposable income are other factors boosting segment growth over the forecast period.

The offline segment dominated the market with the largest market share in 2021. The demand for floor covering is growing among customers due to more sustainability offered by these offline stores than any other channel. Hence, the segment is projected to show growth during the assessment period.

Asia Pacific dominated the market and accounted for around 45% revenue share in 2021 due to high demand in India and China. Also, the increasing purchasing power of the commercial industry towards these products will drive the segment growth. As the region presents various opportunities for the consumer goods sector, the industry is projected to showcase significant growth. Ongoing construction and renovation activities in the residential and commercial sector in China, India, and Japan is expected to drive the growth.

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Floor Covering Market Report Highlights

• Europe is expected to register the fastest CAGR of 7.2% from 2022 to 2028 owing to rising demand for floor covering by the commercial industry. Additionally, rising demand for wooden and organic flooring materials is further expected to contribute to market growth
• The carpet and area rugs segment accounted for the largest revenue share of around 40% in 2021 owing to rapid construction activities in the commercial sector and the rising trend for home décor
• The offline segment dominated the market and accounted for the highest revenue share of more than 75.0% in 2021 owing to the rising sales of floor covering materials and products among supermarkets, home centers, and other offline distribution channels
• The online segment is estimated to showcase significant growth over the forecast period as these products are available at low cost, and also provides offers and discounts. Additionally, the growth of the e-commercesector is expected to pave the way for global market growth

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Floor Covering Market Segmentation

Grand View Research has segmented the global floor covering market based on product, distribution channel, and region:

Floor Covering Product Outlook (Revenue, USD Million, 2017 - 2028)

• Carpet and Area Rugs
• Wood Flooring
• Others

Floor Covering Distribution channel Outlook (Revenue, USD Million, 2017 - 2028)

• Online
• Offline

Floor Covering Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in Floor Covering Market

• Shaw Industries Group Inc.
• Mohawk Industries Inc.
• Armstrong Flooring
• Gerflor Group
• Forbo Holding
• Mannington Mills Inc.
• TOLI Corporation
• Tarkett Group
• Dixie Group Inc.
• Milliken & 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.

SaaS Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 SaaS Market Growth & Trends 

The global SaaS market size was projected to reach USD 344.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.0% from 2022 to 2028. The major growth factors of the market include the growing adoption of outsourcing business models in enterprises coupled with the growing number of Small and Medium Enterprises (SMEs) and startups across the globe. Moreover, the rising trend toward mobile applications such as emails, video calls, and instant messaging further increases the usage of smart devices that further encourages the demand for Software as a Service (SaaS) during the forecast period. However, the growing data privacy and security concerns related to enterprise data are projected to hamper market growth during the forecast period.

The market practiced a significant rise in the overall revenue due to COVID-19 owing to the rising demand for cloud applications in the various enterprises due to Covid-19 restrictions and lockdown. Additionally, under the lockdown conditions imposed in some countries owing to the pandemic, many employees and companies prefer public cloud services such as SaaS. Therefore, the significant increase in the virtual cloud software platform services during work-from-home scenarios is further projected to contribute to market growth. 

Based on type, the market is further classified into the enterprise software and productivity software. The enterprise software segment of the type is forecast to register a significant growth rate of 11.2% from 2022 to 2028. The significant adoption of SaaS among enterprises for reducing the cost of the on-premises software model is one of the major factors that contributed to the growth of the market. The SaaS provides enterprises and IT developers to effectively deliver virtual applications in the cloud environment, and streamline operational workflows at an effective price.

Europe is estimated to hold a significant market share of more than 20% in 2021. Well-developed countries such as Germany, the U.K., and France are positively contributing to market revenue. The high market share can be attributed to the significant presence of the enterprises and cloud service providers such as SAP SE, Microsoft Corp, and others in the region, and the long-existing demand for mobile applications among enterprises. Moreover, the growing number of secured internet servers further provides a significant growth opportunity for the adoption of cloud applications and services in the region that further provide ample opportunity to the market. 

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SaaS Market Report Highlights

• Europe is estimated to contribute more than 20.0% in 2021 to the market revenue. The significant presence of the key market players in the region and long-standing demand for SaaS among SMEs is responsible for the significant market share of the region
• The enterprise software segment of the type segment is forecasted to register a CAGR of 11.2% from 2022 to 2028. A significant rise in the use of mobile applications in small and medium enterprises with the significant development of mobile applications is projected to drive the segment
• Asia Pacific is forecast to grow with the highest CAGR of 12.1% from 2022 to 2028. China and India are positively contributing to the growth of the market owing to the growing demand for outsourcing cloud-based software coupled with the rising number of small and medium enterprises outsourcing

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SaaS Market Segmentation 

Grand View Research has segmented the global SaaS market based on type and region:

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

• Enterprise Software
• Productivity Software

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

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

List of Key Players in SaaS Market

• Adobe Inc.
• Microsoft Corp.
• Alibaba Cloud
• IBM Corp.
• Google LLC
• Salesforce
• Oracle Corp.
• SAP SE
• Rackspace Technology, Inc.
• Vmware Inc.
• IONOS Cloud Inc.
• Cisco Systems, Inc.
• Atlassian
• ServiceNow

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 & Institutional Cleaning Chemicals Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Industrial & Institutional Cleaning Chemicals Market Growth & Trends

The global industrial & institutional cleaning chemicals market size is expected to reach USD 125.7 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.3%, according to a new report by Grand View Research, Inc. The growth is majorly driven by demand from the healthcare sector and the requirement for cleaning and disinfectants by manufacturing facilities worldwide.

Piling demand for plant oil-based cleaning chemicals and disinfects from the household, commercial, and various public spaces are also expected to boost the market growth. In the wake of pandemics and various other infectious diseases, the product market has achieved inclined growth over the recent years. As the awareness about the importance of disinfecting and chemical cleaning is increasing, the market is expected to show progression.

The advancement and expansion in the chemicals industry have directly impacted the market positively. The requirement for chemicals as both cleaners and disinfectants has led to growth in general-purpose cleaners. Furthermore, R&D in the chemicals industry has also led to the development of industrial & institutional cleaning chemicals.

The COVID-19 pandemic has positively impacted the market. Amidst the global pandemic, the demand for sanitizers and disinfected surged, owing to the fright of the spreading of infection. Even the authorities and various healthcare institutions, including WHO, are promoting the utilization of disinfectants and sanitizers for the protection and prevention of COVID-19, which is anticipated to further augment the product demand on a global scale.

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Industrial & Institutional Cleaning Chemicals Market Report Highlights

• Asia Pacific is expected to witness a positive CAGR of 8.0% in terms of revenue from 2022 to 2030. This is attributable to the rising demand for manufacturing units in various industries
• The solvent segment is expected to have a CAGR of 7.9% in terms of revenue during the forecast period. This is due to the popularity of solvent-based cleaners among various industries, owing to their good solvency for oils & greases and high compatibility with water
• The disinfectants and sanitizers segment is anticipated to a CAGR of 8.0% in terms of revenue from 2022 to 2030 due to the pandemic and increasing awareness of the people for the importance of the use of disinfectants and sanitizers

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Industrial & Institutional Cleaning Chemicals Market Segmentation

Grand View Research has segmented the global industrial & institutional cleaning chemicals market report based on raw material, product, end-use, and region:

Industrial & Institutional Cleaning Chemicals Raw Material Outlook (Revenue, USD Million; 2018 - 2030)

• Chlor-alkali
  • Caustic Soda
  • Soda Ash
  • Chlorine
• Surfactant
  • Nonionic
  • Anionic
  • Cationic
  • Amphoteric
• Solvents
  • Alcohols
  • Hydrocarbons
  • Chlorinated
  • Ethers
  • Others
• Phosphates
• Biocides
• Others

Industrial & Institutional Cleaning Chemicals Product Outlook (Revenue, USD Million; 2018 - 2030)

• General Purpose Cleaners
• Disinfectants And Sanitizers
• Laundry Care Products
• Vehicle Wash Products
• Others

Industrial & Institutional Cleaning Chemicals End-Use Outlook (Revenue, USD Million; 2018 - 2030)

• Commercial
  • Food Service
  • Retail
  • Healthcare
  • Laundry Care
  • Institutional Buildings
  • Others
• Manufacturing
  • Food & Beverage Processing
  • Metal Manufacturing & Fabrication
  • Electronic Components
  • Others

Industrial & Institutional Cleaning Chemicals Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players in the Global Industrial & Institutional Cleaning Chemicals Market

• Procter & Gamble
• BASF SE
• Clariant
• The Clorox Company, Inc.
• Henkel AG & Co. KGaA
• 3M
• Kimberly-Clark Corporation
• Reckitt Benckiser Group plc
• Croda International plc
• Albemarle Corporation
• Eastman Chemical Corporation
• Huntsman International LLC
• Stepan Company
• Westlake Chemicals Corporation
• SOLVAY
• Dow
• Sasol

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.

Women’s Jerseys, Sweatshirts & Pullovers Market Get Facts About Business Strategies 2022 to 2028: Grand View Research Inc.

 Women’s Jerseys, Sweatshirts & Pullovers Market Growth & Trends

The global women’s jerseys, sweatshirts & pullovers market size is expected to reach USD 274.88 billion by 2028, expanding at a CAGR of 4.9% from 2022 to 2028, according to a new report by Grand View Research, Inc. The industry growth is majorly credited to the increasing global spending on jerseys, sweatshirts, and pullovers. Consumers in Asian countries are significantly contributing to the market growth, on account of rising consumer disposable income and increased spending on apparel. The expansion of the offline as well as online retail sectors is also expected to drive market growth during the forecast period.

The COVID-19 pandemic impacted the global market for women’s jerseys, sweatshirts, and pullovers, slowing the growth in 2020. As the disease spread, various lockdowns and restrictions were imposed by governments across the world. This impacted the overall global product sales. Due to lockdowns and restrictions, the production, trade activities, and bricks & mortar sales plummeted during this period. Moreover, consumers avoided visiting stores as a precautionary measure, declining consumer traffic. However, the market is expected to recover in the coming years and witness healthy growth, owing to the resumption of market activities.

In terms of fiber, the cotton segment accounted for the 2^nd largest revenue share of more than 32% in the global market in 2021. This has been predominantly credited to the higher popularity of the fiber in the market, on account of its desirable characteristics. Cotton is breathable, an excellent absorbent, and eco-friendly. It is also soft, lightweight, and has no irritable effects on the skin.

By distribution channel, the offline segment contributed to a larger market share of around 79% in 2021. Offline channels include specialty stores, departmental stores, shopping malls, etc. The higher market revenue of the segment is significantly credited to the rising preference of retailers for offline channels. The majority of the market retailers opt for the offline distribution channel, due to the lack of availability or operability of the online channel. Also, consumer perception and shopping behavior contribute to the higher segment share in the global market.

Asia Pacific is estimated to expand at the highest CAGR of 6.0% from 2022 to 2028. The growth of the regional market is mainly attributed to the increasing product demand driven by the increasing population, mainly in India and China. Moreover, increasing disposable income, rising standards of living, the changing consumer fashion attitude, and increasing adoption of western fashion style are likely to boost the regional market growth. The expansion of the retail sector and penetration of global brands in the region are facilitating the accessibility and availability of these products in the market, propelling the growth during the forecast period.

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Women’s Jerseys, Sweatshirts & Pullovers Market Report Highlights

• Europe accounted for a revenue share of around 34% in 2021 in the global market. This is attributed to the strong presence and distribution network of key players and high product awareness and adoption by regional consumers
• The cellulosic segment is expected to register a CAGR of 4.6% during the forecast period. This is credited to the increasing awareness about the environmental impact caused by the apparel industry, and the rising trend of purchasing sustainable and eco-friendly products
• The online distribution channel is anticipated to witness a CAGR of 6.2% from 2022 to 2028. This growth is facilitated by the increasing product demand from consumers and the growing affordability of smartphones and internet services

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Women’s Jerseys, Sweatshirts & Pullovers Market Segmentation

Grand View Research has segmented the global women’s jerseys, sweatshirts, & pullovers market on the basis of fiber, distribution channel, and region:

Fiber Outlook (Revenue, USD Million, 2017 - 2028)

• Cotton
• Polyester
• Cellulosic
• Others

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

• Offline
• Online

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

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

List of Key Players in the Women’s Jerseys, Sweatshirts & Pullovers Market

• Dior
• CHANEL
• Gucci S.p.A.
• PRADA
• Giorgio Armani S.p.A.
• Burberry Group Plc
• Dolce & Gabbana S.r.l.
• Gianni Versace S.r.l.
• Louis Vuitton, 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.

Sweeteners Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2028

 

Sweeteners Market Growth & Trends

The global sweeteners market size is expected to reach USD 108.72 billion by 2028, registering a CAGR of 2.9% during the forecast period, according to a new report by Grand View Research, Inc. The increasing food and beverage industry across the globe and the rising application of sweeteners in various sectors, especially in the food industry in developed and developing nations are expected to promote market growth. Moreover, the technological development and advancement in sweetener manufacturing by various manufacturers across the globe are accelerating market growth in emerging economies.

Moreover, a lockdown situation has been observed during the COVID-19 pandemic, and it has not widely affected the sweeteners industry as compared to the other industries. The increasing demand for honey and artificial sweeteners across the globe is propelling market growth. The rising demand for food and bakery products after the COVID-19 pandemic will create opportunities for the market players.

The honey segment is expected to grow with the fastest growth rate of 3.4% from 2022 to 2028. The increasing demand for nutritious, and healthy food is propelling the growth of this segment over the last few years. Honey is an excellent source of numerous nutrition that include minerals, calcium, vitamins, and antioxidants made available for consumers through retail channels which in turn is driving the growth of the market.

The online segment of the market is anticipated to register the fastest growth with a CAGR of 3.4% from 2022 to 2028. The internet penetration rate has witnessed lucrative growth in recent years which has led to the significant growth of the e-commerce sector across the globe, which is propelling the growth of this segment. Several suppliers of these products are offering products on their websites as well as on the e-commerce platforms and have projected market growth during the forecast period.

The Asia Pacific has dominated the market with a revenue share of more than 35% in 2021. China, India, Indonesia, and Bangladesh have a huge consumer base for the consumption of food products, which will drive the regional demand. According to the Food and Agriculture Organization (FAO), about 40% of the world’s sugar consumed in the Asia Pacific in 2020. In addition to this, factors such as increasing per capita consumption, disposal income, and rapid urbanization are contributing to the growth of this market.

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Sweeteners Market Report Highlights

• Asia Pacific is expected to register the largest market share of more than 35% in 2021 owing to the huge consumer base in this region.
• Honey segment is expected to foresee the fastest growth, with a CAGR of 3.4% from 2022 to 2028 due to the rising popularity of nutritious, and healthy food products.
• Offline channel held the largest market share in 2021 and contributed more than 80% of the total revenue due to easy access to various sweeteners products.
• Europe is expected to register the fastest growth of 3.2% CAGR from 2022 to 2028 due to the growing demand for sweeteners.

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Sweeteners Market Segmentation

Grand View Research has segmented the sweeteners market based on products, distribution channels, and region.

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

• Sugar
• Honey
• Artificial sweeteners

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

• Offline
• Online

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

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

List of Key Players in the Sweeteners Market

• ADM
• Ingredion
• Cargill, Incorporated
• Roquette Frères
• Tate & Lyle
• Foodchem International Corporation
• PureCircle
• Pyure Brands LLC.
• Beeyond the Hive
• Dabur India Ltd.
• Capilano Honey 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.

Polycarbonate Market is Estimated To Attain USD 35.4 Billion by 2030

 Polycarbonate Market Growth & Trends 

The global polycarbonate market size is expected to reach USD 35.4 billion by 2030, according to a new report by Grand View Research, Inc. The industry is projected to advance at a CAGR of 5.6% from 2022 to 2030. Regulatory policies are encouraging automotive OEMs to utilize plastics as a means of reducing vehicular weight & improving fuel efficiency. This is anticipated to play a prominent role in driving market growth.

Polycarbonate is a completely recyclable polymer and is therefore favored as a substitute for PVC, particularly in medical devices. In comparison, PC resins offer greater tensile strength & flexural modulus, meaning that they can be easily processed and even blended with other resins such as styrene copolymers and PBT. In the recent past, regulations aimed at reducing plastic wastage highlighted the importance of recycling. PC resins being completely recyclable are expected to benefit from such regulations, and in turn, ease up global supply constraints. 

The electrical & electronics segment remained the dominant application area, accounting for more than 24.0% share of the overall consumption in 2021. In the electronics sector, polycarbonate is widely used for producing power housings, connectors, household appliances, and battery boxes. On the other hand, the resin’s optical clarity has led to its increasing usage in headlamps, face shields, laminates, and windshields in the automotive and transportation sector. 

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Polycarbonate Market Report Highlights

• In terms of revenue, the construction application segment accounted for a prominent share of more than 20.0% in the market in 2021, and is further expected to witness substantial growth during the forecast period
• Asia Pacific offers tremendous opportunities for manufacturers, as resin requirements from automotive and construction industries are expected to rise significantly, as a result of rising investments in passenger car production and public infrastructure
• China emerged as the leading consumer in the Asia Pacific and accounted for more than 61.0% of the regional revenue in 2021
• Against the backdrop of slowing GDP growth, China offers opportunities in the construction sector. New housing starts and resuming civil projects as a result of monetary policy restructuring and liquidity easing will be the primary demand driving factors
• Diversifying the operational presence remains a key factor for producers. Establishing commercial supply agreements with end-users such as automotive OEMs and electronics manufacturers remains crucial for a stable consumer base 

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

Polycarbonate Market Segmentation

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

Polycarbonate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Automotive & Transportation
• Electrical & Electronics
• Construction
• Packaging
• Consumer Goods
• Optical Media
• Medical Devices
• Others

Polycarbonate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in the Polycarbonate Market

• Covestro
• SABIC
• Lotte Chem
• Teijin Industries
• Mitsubishi Engineering Plastics Corp.
• Trinseo
• Idemitsu Kosan Co. Ltd.
• Lone Star Chemical
• Chi Mei Corporation
• Entec Polymers
• RTP Company
• LG Chem

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.

Global Demand for Sugar Alcohol Market Increasing in Most Part of World 2028

 Sugar Alcohol Market Growth & Trends

The global sugar alcohol market size was estimated to reach USD 5.1 billion by 2028 and is expected to expand at a CAGR of 6.0% from 2022 to 2028. Increasing demand for low sugar or no sugar products due to rising health awareness, an increasing number of diabetic patients, and increasing demand from the food and beverage industry are expected to promote the sugar alcohol market growth over the next few years. Additionally, increasing chronic diseases among the citizens will further increase the demand for sugar alcohol from industry verticals.

Xylitol segment is forecast to grow with the highest CAGR of 6.9% from 2022 to 2028 and is estimated to contribute a market share of 30% by 2028. Xylitol becomes popular sugar alcohol as it has similarities to sucrose visually and tastes. It is used for teeth treatments to reduce cavities as it is non-fermentable. It restricts the growth and reproduction of bacteria inside the mouth. Thus, it is widely used to produce oral care products which will drive the segment growth during the forecast period. Liquid & syrup is forecast to register the fastest growth of CAGR of 7.4% from 2022 to 2028. Liquid and syrup form of sugar alcohol is widely used in applications in pharmaceuticals and personal care.

The pharmaceutical industry vertical will register the fastest growth of CAGR of 7.0% from 2022 to 2028. The applications of sugar alcohol include producing hand sanitizers, medicines for diabetic patients, and protein supplements. Thus this segment is expected to grow with the highest growth rate during the forecast period.

Asia Pacific is forecast to grow with a CAGR of 7.8% from 2022 to 2028. Countries such as China and India are positively contributing to the growth of market revenue. The region has a largest growing population which adopts a western lifestyle and increases the working number of citizens. Countries like China and India are the larger producers of sugar alcohol with many manufacturers operating in this region. 

Sugar alcohol is produced from sugars which have a hydroxyl group with carbon. Majorly used sugar alcohols are extracted from fruits and vegetables. Sugar alcohols are low-calorie sweeteners used for making sugar-free or low-sugar products such as food additives, toothpaste, medicines, and beverages.

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Sugar Alcohol Market Report Highlights

• Asia Pacific is forecast to grow with a CAGR of 7.8% from 2022 to 2028. The region has the largest growing population which adopts a western lifestyle and increases the working number of citizens.
• Xylitol segment is forecasted to grow with the highest CAGR of 6.9% from 2022 to 2028. Xylitol is similar to sucrose visually and in taste. It is used for teeth treatments to reduce cavities as it is non-fermentable.
• Liquid & syrup is forecast to register a faster growth of CAGR of 7.4% from 2022 to 2028. Liquid and syrup form of sugar alcohol is widely used in applications including pharmaceuticals and personal care.
• The pharmaceutical industry vertical is forecast to register the fastest growth of CAGR of 7.0% from 2022 to 2028. The applications of sugar alcohol include producing the hand sanitizers, medicines for diabetic patients, and protein supplements 

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

Sugar Alcohol Market Segmentation

Grand View Research has segmented the s alcohol market based on contain, industry vertical, and region:

Sugar Alcohol Contain Outlook (Revenue, USD Million, 2017 - 2028)

• Sorbitol
• Mannitol
• Xylitol
• Maltitol
• Others

Sugar Alcohol Form Outlook (Revenue, USD Million, 2017 - 2028)

• Powder & Crystal
• Liquid & Syrup

Sugar Alcohol Industry Vertical Outlook (Revenue, USD Million, 2017 - 2028)

• Food and Beverages
• Pharmaceuticals
• Personal Care

Sugar Alcohol Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in Sugar Alcohol Market

• Cargill, Incorporated.
• Roquette Freres
• Archer Daniels Midland Company (ADM)
• Ingredion Incorporated
• Tereos Participations SAS
• Atlantic Chemicals Trading GmbH
• Beckmann-Kenko GmbH
• SANXINYUAN FOOD Industry Corporation Limited (SFI corp.Ltd)
• Mitsubishi Shoji Foodtech Co. Ltd
• Fraken Biochem 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.

Coffee Roaster Market Plying for Significant Growth During 2022-2028: Grand View Research Inc.

 Coffee Roaster Market Growth & Trends

The global coffee roaster market size is expected to reach USD 639.7 million by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing specialty coffee consumption and rising popularity is expected to propel the growth of the market. Many coffee shops and cafes are increasingly roasting coffee beans in-house and serving this fresh coffee to the customers. Surging demand for flavor, aroma, and fresh coffee is anticipated to boost the coffee roasting machines market. Fresh-roasted coffee is loaded with nutrients and antioxidants, which benefit the overall health of the consumers by preventing cancer risk by boosting the immune system and other brain & liver-related health problems. Furthermore, the expansion of coffee shops and café culture in developed and developing economies is contributing positively to the market growth.

The COVID-19 pandemic had a negative impact on the market growth as it disrupted the global supply chain and trade activities. To curb the infection, various nations imposed restrictions and lockdowns, declining consumer coffee intake at cafes and restaurants, majorly in the European countries and U.S. However, the market is expected to recover and perform well with the relaxed restrictions and regulations. The pandemic also resulted in the surge in demand for household consumption of coffee giving a boost to the sales of residential coffee roasters, significant in the U.S.

Residential segment by application is expected to grow at a CAGR of 5.6% over the forecast period. Residential roasting offers several benefits for coffee addicts/enthusiasts and caters to the preference for freshly roasted coffee. Many coffee drinkers are adopting and following the home roasting trend as they want to experience the complete aroma and freshness of the coffee bean. Residential roasting is something undertaken recreationally, without any goals of profit and purely to enjoy the taste. Companies like Roastmasters, Gene, and Aillio have been selling a wide range of home roasting equipment to consumers. Furthermore, new product launches are likely to positively drive the growth of the segment. For instance, IKAWA Ltd. Launched the IKAWA Pro100 sample roaster with a batch capacity of 120 gm.

By type, the hot air segment accounted for the highest share in 2021. Hot air segment of coffee roasters accounted for over 40% market share on a revenue basis. Hot air style coffee roaster is available for industrial as well as commercial applications. The hot air is produced by burning fuel and is passed through the chamber of coffee beans, where the roasting process is carried out. The higher preference for this type is due to the even roasting of coffee beans by surface contact of hot air. In this type, coffee beans are roasted over a longer period and produce a more developed and rich flavor of coffee beans.

Central and South America is expected to register 2^nd growth rate, with a CAGR of 6.5% over the forecast period. In 2019, Brazil’s largest coffee roaster Tres Coracoes held a 27% market share in the country’s overall roasted coffee production volume. The company has planned to expand in Central & South America through acquisitions in Chile, Paraguay, Uruguay, Argentina, and Bolivia, driving the demand for a coffee roaster. The company has acquired eight companies in Brazil since 2005.

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Coffee Roaster Market Report Highlights

• Asia Pacific is expected to register the fastest growth rate, with a CAGR of 6.7% from 2022 to 2028. Increasing demand for aromatic and fresh coffee and the rising popularity of branded coffee shops drive the demand in the economies such as India, Thailand, Vietnam, and Indonesia
• The commercial coffee roaster segment held the second-largest market share over 40% in 2021. The increasing number of coffee shops and café culture across the world are driving the segment growth
• The half hot air segment is expected to register the fastest growth, with a CAGR of 6.2% from 2022 to 2028. This can be credited to its increasing popularity due to optimum consumption of heat and reduced roasting period

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

Coffee Roaster Market Segmentation

Grand View Research has segmented the global coffee roaster market based on type, application, and region:

Coffee Roaster Type Outlook (Revenue, USD Million, 2017 - 2028)

• Direct Fire
• Half Hot Air
• Hot Air
• Others

Coffee Roaster Application Outlook (Revenue, USD Million, 2017 - 2028)

• Industrial
• Commercial
• Residential

Coffee Roaster Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Coffee Roaster Market

• LUIGI LAVAZZA SPA
• Nestle
• Lilla de Máquinas Ind.
• Diedrich Manufacturing Inc.
• Giesen Coffee Roasters
• TOPER ROASTER
• Joper Roasters
• Nesco
• US Roaster Corp.
• Sonofresco
• Genio Roasters
• Ambex Roaster
• Hottop
• CANTARELLA BROS PTY LTD
• Gracenote Coffee Roaster

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.