Food Grade Alcohol Market Set to Surge Significantly During 2022-2030: Grand View Research Inc.

 Food Grade Alcohol Market Growth & Trends

The global food grade alcohol market size is expected to reach USD 3.2 billion by 2030, as per the new report by Grand View Research, Inc. registering a CAGR of 4.3% over the forecast period. The demand is attributed to the increase in consumption of food & beverages by the consumers and the increase in application in personal care, food & beverage, and pharmaceutical industries.

Alcohol is an important ingredient for manufacturing extracts, flavors, yeast, and vinegar. The demand for ethanol has increased in the food industry to expand the shelf life of the product, driven by the changing habits and adoption of ready-to-eat food. The product plays an important role in the healthcare industry owing to its use in the preparation of medicines and sterilizing various medical equipment before use.

Changing consumer behavior and the quality of raw materials used in the production of the product have a significant impact on industry dynamics. Corn, barley, wheat, barley malt, and milo are the most common raw materials used in the manufacturing of the product. These are natural sources that are fermented and then distilled to produce beverages. Because raw resources are so reliant on nature, the industry must evaluate climate change and yield trends in order to efficiently forecast the supply of these products.

Personal care products signify a large category of products that are consumed on a day-to-day basis by a large population. The changing demographics coupled with rising awareness about new beauty trends due to the growth of social media has led to rising demand for these products. The product finds application in product categories such as cleaning formulations, anti-aging creams, anti-inflammatory, anti-wrinkle, anti-dandruff and moisturizing products. The product is used in the above products as a preservative and also to improve antimicrobial properties.

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Food Grade Alcohol Market Report Highlights

• Molasses & sugarcane segment accounted for more than 30.0% revenue share in 2021. The growth is attributed to the increase in its utilization in alcohol production.
• Coloring & Flavoring agent function dominated the market with 40% of the total market revenue in 2021 owing to its consumption as an additive in adding color and enhancing flavor in food extracts.
• Beverage application is anticipated to grow at the highest CAGR of 4.9% from 2022 to 2030 in terms of revenue. The growth is anticipated due to increase an increase in consumer spending on food & beverages which in turn is driving the demand for the product.
• Pharmaceutical segment was the second largest dominating market in 2021 accounting for 21% of the total market share. The growth is witnessed due to an increase in consumer spending on alcohol-based medicine to cure various diseases.
• Cultural changes, economic development, affordability, and availability of alcohol along with the effectiveness and level of its policies are key factors driving the alcohol demand.
• Cosmetics and toiletries that comprise hand sanitizer account for a higher share of industrial alcohol in the country, which are further estimated to trigger the market growth.

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Food Grade Alcohol Market Segmentation

Grand View Research has segmented the food grade alcohol market report based on the product, source, function, application, and region:

Food Grade Alcohol Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Ethanol
• Polyols

Food Grade Alcohol Source Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Molasses & Sugarcane
• Fruits
• Grains
• Others

Food Grade Alcohol Function Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Coatings
• Preservative
• Coloring & Flavoring Agent
• Other

Food Grade Alcohol Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

• Healthcare & Pharmaceutical
• Food
• Beverages
• Personal Care
• Others

Food Grade Alcohol Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

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

List of Key Players in Food Grade Alcohol Market

• MGP
• Cargill Incorporated
• ADM
• Cristalco
• Grain Processing Corporation
• Wilmar International Ltd.
• Extractohol
• Pure Alcohol Solutions

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.

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

 Butter Market Growth & Trends

The global butter market size is expected to reach USD 61.94 billion by 2028, registering a CAGR of 2.6% from 2022 to 2028, according to a new report by Grand View Research, Inc. The increasing demand and changing consumer preferences for milk products are major drivers of the global market growth. Moreover, the expansion of the fast-food industry is anticipated to propel the growth of the global butter market. Butter is increasingly being used as an ingredient in fast and junk food preparation and frying. Butter contributes significantly to the taste of the food, making it more flavorful. In the culinary world, the sensory characteristics of the butter are the main factor driving the consumption and fondness. Butter exhibits more desired and rich flavor to the food, as well as other flavors also enhance.

The COVID-19 pandemic impacted the global food and foodservice industry for a short duration. Across the globe, governments imposed lockdowns and restrictions to tackle the increasing rate of infection. This significantly affected the supply chain of the raw materials as the majority of the milk suppliers are mainly small farm owners. These small farm owners were unable to transport collected milk and/or store it successfully due to a lack of facility. This subsequently affected the global production and selling of butter, declining the market growth. However, the market is expected to witness promising growth over the forecast period, owing to the relaxed restrictions and resumed market activities.

By product, the uncultured butter segment is expected to grow with the fastest growth rate, a CAGR of 2.9% from 2022 to 2028. Uncultured butter is an excellent choice for baking purposes as it has a neutral flavor and does not alter the flavor profile. The increasing consumption of bakery and confectionery products is expected to drive the demand for the uncultured butter segment and propel the market growth over the forecast period. Moreover, the growing popularity and demand for this product in North America is accelerating the market growth.

By distribution channel, the online segment is expected to grow with the highest CAGR of 3.5% in the global market over the forecast period. The growth of online distribution channels is attributed to the emergence of new online platforms and e-commerce portals for grocery items. For instance, as reported in May 2020, various startups are gaining popularity in the European market. Also, as reported on 7^th July 2020, Uber launched an online grocery delivery service. The company partnered with Cornershop, an on-demand grocery delivery service, and is offering grocery delivery services in South America and Canada, which can be availed through both Uber and Uber Eats App. The company is also planning expansion to new regions.

The Asia Pacific accounted for the largest market revenue share in the global market in 2021. In the global butter market, Asia Pacific recorded around 45% market revenue share in 2021. This is significantly attributed to the huge consumer base and higher consumption of butter through bakeries, confectionery, and other food products, as well as through direct consumption. The higher population of the region, mostly contributed by China, and India is credited for the higher consumer demand. Moreover, the region is expected to grow with the highest CAGR owing to the increasing disposable income and rising population.

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Butter Market Report Highlights

• Europe is expected to register the highest growth rate, a CAGR of 2.9% over the forecast period. Increasing production of bakery products and rising demand for butter in the region is expected to drive the market growth
• Cultured segment is expected to witness the fastest growth with a CAGR of 2.7% over the forecast period due to the growing popularity of dairy products
• Offline channel held the largest market revenue share in 2021, contributing more than 80% to the global butter market. This is attributed to the higher consumer preference and the majority of the retailer opting for the offline channels

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Butter Market Segmentation

Grand View Research has segmented the global butter market based on products, distribution channel, and region:

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

• Cultured Butter
• Uncultured Butter
• Others

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

• Offline
• Online

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

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

List of Key Players in Butter Market

• Lactalis International
• Fonterra Co-operative Group
• Ornua Co-operative Limited
• Organic Valley
• Dairy Farmers of America, Inc.
• Amul Dairy
• Meadow Foods Ltd.
• Arla Foods amba
• MS Iceland Dairies
• Müller

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.

Impact of Existing and Emerging A2 Milk Market Trends And Forecast 2022-2028: Grand View Research Inc.

 A2 Milk Market Growth & Trends

The global A2 milk market size is expected to reach USD 7.92 billion by 2028, registering a compound annual growth rate (CAGR) of 18.3% during the forecast period, according to a new report by Grand View Research, Inc. The increasing per capita income, so consumers spending more on A2 milk products, increasing awareness about the nutritional awareness, and increasing research activities to develop new products are driving the market. Moreover, increasing population and rising disposable income are contributing to the growth of the market. However, the high cost of A2 milk as compared to conventional milk is further projected to hinder the market growth during the forecast period.

The demand for consumer foods & beverages has slightly increased due to the growing demand for dairy-based products in the COVID-19 pandemic. Protein Keto and a2 milk beverages had gained traction during the COVID-19 era to fulfill the demand for nutritious ingredients. The increased focus on maintaining physical fitness has played a major role in the market's growth during the COVID-19 era.

The powder segment is expected to expand with the highest CAGR of 18.9% from 2022 to 2028. The market is mainly driven, owing to the growing application of powder-based A2 milk in confectionery, baked desserts, and salty products in the food & bakery industry. Moreover, the powder-based A2 milk comprises low moisture, thus increasing durability and further increasing the shelf life.

The cartons segment contributed the largest share of over 60% in the global A2 milk market in 2021. The market is mainly driven due to the significant application of caron packaging in transportation due to safer and more convenient for storing food as cartons packaging protect and offers longer durability of the product. Moreover, the bottle segment is projected to grow significantly during the forecast period, owing to the rising demand for convenient packaging solutions in the beverages industry across the globe. Manufacturers are preferring the process to enhance the shelf life of the product, which, in turn, will drive the industry demand.

The online segment is expected to register the fastest growth during the forecast years, with a CAGR of 19.2% from 2022 to 2028. This growth is owing to the increased focus of milk providers on adopting technologically advanced e-commerce technology to raise the sales of seafood products. The dairy products companies prefer door-step delivery with minimal tenure by using the online sales platform. Consumers easily track the orders of dairy products by using e-commerce web applications.

Asia Pacific dominated the A2 milk market revenue and accounted for the largest revenue share of over 50% in 2021 and is expected to expand with a CAGR of 18.7% from 2022 to 2028. The rising awareness in China and India to maintain sustainable health is driving the market growth. The growing adoption of the product to beat diseases such as diabetes is further estimated to drive the business growth during the forecast period. A significant growth rate in the region is mainly anticipated due to the increasing product awareness in countries such as India, China, Japan, South Korea, etc. Increasing disposable income and changing lifestyles in the region are significantly driving the demand for A2 milk in the region.

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A2 Milk Market Report Highlights

• Asia Pacific dominated the market and accounted for the largest revenue share of over 50% in 2021 and is expected to expand with a CAGR of 18.7% from 2022 to 2028. This market contribution is attributed to the popularity of the milk as the best healthy for all the age groups citizens
• The powder segment is expected to expand with the highest CAGR of 18.9% from 2022 to 2028. With the increasing demand for powder for various applications, such as confectionery, baked desserts, and salty products from the industry
• The cartons segment held the largest market share of over 60% in the global A2 milk market in 2021. Carton packaging is safer and more convenient for storing food as carton packaging protects and offers longer durability of product content into it
• The online segment is expected to register the fastest growth during the forecast years, with a CAGR of 19.2% from 2022 to 2028. The growing usage of online shopping portals and mobile apps is getting popular due to their simplicity and convenience

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A2 Milk Market Segmentation

Grand View Research has segmented the global A2 milk market based on products, packaging, distribution channels, and region:

A2 Milk Product Outlook (Revenue, USD Million, 2017 - 2028)

• Liquid
• Powder

A2 Milk Packaging Outlook (Revenue, USD Million, 2017 - 2028)

• Cartons
• Bottles
• Others

A2 Milk Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Supermarket & Hypermarket
• Convenience Stores
• Online
• Others

A2 Milk Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of A2 Milk Market

• Vinamilk
• Freedom Foods Group Limited
• Erden Creamery Private Limited
• Lion Dairy & Drinks
• Vrindavan Dairy Farm
• KESARIYA FARM PRIVATE LIMITED
• SIDS FARM PRIVATE LIMITED
• Happy Milk
• GCMMF
• The a2 Milk Company 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.

Apparel Supply Chain Market Trends, Demand, Production, Analysis and Forecast to 2028: Grand View Research Inc.

 Apparel Supply Chain Market Growth & Trends

The global apparel supply chain market size is estimated to reach USD 1,119.69 billion by 2028, registering a CAGR of 3.8% during the forecast period from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing attractiveness of apparel supply chains in developing countries with a mounting level of outsourcing is one of the key factors that drive the growth of the apparel supply chain market.

Abuse against rights of human and labor is present in the apparel supply chain and also lacks transparency regarding the company's business practices. Thus, the impact of these practices on communities and workers of the particular company is a major factor restraining the market growth.

Moreover, the demand forecast and inventory management in the apparel industry is difficult as well as challenging, which is expected to act as a barrier for the market and thus hindering the market growth. Most of the key players, operating in the apparel supply chain market, are adopting various strategies to hold maximum industry share, globally. 

The COVID-19 pandemic has negatively impacted the apparel supply chain market. It witnessed a decrease due to the global lockdown as the major activities of supply chain were disrupted across, the globe. A shortage of raw materials has also been observed due to the COVID-19 and projecting a negative impact on the market. 

The pre-production segment contributed to the global market revenue share of more than 80.0% in 2021 and is expected to growth at the fastest CAGR of 3.9% during the forecast period. The increasing demand for the products coupled with the rising use of e-commerce for the determination of purchasing apparels are the factors increasing the usage of the apparel supply chain for the pre-production segment. Thus, its demand is high and contributes more to the market revenue. 

Asia Pacific accounted for the largest market revenue share of more than 55.0% in 2021 and is expected to expand at the highest CAGR of 4.4% during the forecast period. The increasing usage of e-commerce platforms for purchasing apparel along with rising trades of apparel in the region is expected to contribute to the market growth. Moreover, the easy availability of raw materials at a reasonably lower price coupled with being the chief manufacturers of apparel are also adding to the market growth. Thus, it contributes to more revenue generation in Asia Pacific. 

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Apparel Supply Chain Market Report Highlights

• Europe is forecast to expand at a considerable CAGR of 3.9% from 2022 to 2028. This growth is attributed to the availability of advantageous guidelines concerning trade agreements enforced by the government
• The trade logistics segment is expected to grow with a significant CAGR of 3.2% during the forecast period. Trade logistics offers company with elasticity and permits them to regulate their procedures in an improved and enriched manner along with saving costs
• The trade logistics assists them to intensify the overall clearness of the supply chain and supports in well understanding of cost, operations, inventory management, and others which is increasing its usage in the apparel industry, thus driving the market growth

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Apparel Supply Chain Market Segmentation

Grand View Research has segmented the global apparel supply chain market based on the process, and region: 

Apparel Supply Chain Process Outlook (Revenue, USD Million, 2017 - 2028)

• Pre-Production
• Trade Logistics

Apparel Supply Chain Regional Outlook (Revenue USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • Italy
  • Spain
  • France
• Asia Pacific
  • China
  • Bangladesh
  • Vietnam
  • India
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Turkey

List of Key Players in Apparel Supply Chain Market

• BSL Ltd.
• INVISTA Equities, LLC (Koch Industries, Inc.)
• Luthai Group
• Paulo de Oliveira company
• China Textiles (Shenzhen) Co., Ltd.
• Paramount Textile Mills (P) Ltd.
• Successori Reda SpA
• Mayur Fabrics
• Rhodia SA (Solvay Group)
• Li & Fung 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.

Off-road Motorcycle Market Set to Witness an Uptick during 2022 to 2028: Grand View Research Inc.

 Off-road Motorcycle Market Growth & Trends

The global off-road motorcycle market size is estimated to reach USD 21.83 billion by 2028 and is anticipated to expand at a CAGR of 6.2% from 2022 to 2028, according to a new report by Grand View Research, Inc.Racing and sports events focused on off-road motorcycles are the key factors driving the growth of the market. In addition, the increasing popularity of off-road motorcycle racing among youth is also boosting the market growth. Off-road motorcycles are very expensive in terms of maintenance and cost and these factors hamper the growth of the global market. Most of the major players operating are launching new models to enhance their global presence and to gain maximum share in the market.

The COVID-19 pandemic has positively impacted the market. According to the Motorcycles Data in December 2020, the off-road motorcycles segment promoted the U.S. motorcycles industry in the year 2020, which reported a massive growth. Moreover, it is anticipated that the global market will grow at a considerable pace over the forecast period due to the growing number of sponsorships to riders and racing events from big brands. According to key manufacturers, such as Honda Motor Co., Ltd., and Harley-Davidson Incorporation, as major cities emerge from the quarantine phase in various regions, off-road motorcycles are increasingly seen in various racing events. The enduro motorcycles segment accounted for the largest market revenue share in 2021.

Enduro motorcycles are specially built for long-distance racing and are designed to hold up under extreme situations. According to the Federal Chamber of Automotive Industries (FCAI), the revenue generated by the enduro motorcycles segment was high in 2020. Every year, various AMA-sanctioned enduros are held globally. Thus, the enduro motorcycles demand is high and contributed more to the market revenue. Asia Pacific accounted for the largest market share in 2021. According to MarkLines Co., Ltd., India, and China were the major countries that generated large revenue for the market in 2020. High accessibility of raw materials, innovative manufacturing facilities, and increasing demand for motorcycles are driving the regional market growth. Moreover, the growing consumer inclination towards off-road recreational activities in Asia Pacific drives the market growth.

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Off-road Motorcycle Market Report Highlights

• Europe is estimated to register the second-highest CAGR from 2022 to 2028
• According to the European Association of Motorcycle Manufacturers (ACEM), major countries in Europe, such as Germany, Italy, France, the U.K., and Spain, generated maximum revenue
• The motocross motorcycles segment is likely to register the second-fastest CAGR in the forecast period
• A rise in the number of motocross enthusiasts and increasing disposable income levels are boosting the demand for motocross motorcycles

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Off-road Motorcycle Market Segmentation

Grand View Research has segmented the global off-road motorcycles market on the basis of type and region:

Off-road Motorcycles Type Outlook (Revenue, USD Million, 2017 - 2028)

• Motocross Motorcycles
• Enduro Motorcycles
• Trail Motorcycles
• Track-racing Motorcycles

Off-road Motorcycles Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Off-road Motorcycle Market

• Harley-Davidson Inc.
• Yamaha Motor Co., Ltd.
• Ducati Motor Holding S.p.A.
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• BMW AG
• Suzuki Motor Corp.
• Hero MotoCorp Ltd.
• Bajaj Auto Ltd.
• TVS 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.

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

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

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

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

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

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

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.