E-commerce Fulfillment Services Market Valuation to Reach USD 198.62 Billion by the end of 2030: Grand View Research Inc.

 E-commerce Fulfillment Services Market Growth & Trends

The global e-commerce fulfillment services market size is anticipated to reach USD 198.62 billion by 2030, growing at a CAGR of 9.5% over the forecast period, according to a new report by Grand View Research, Inc. The rapid penetration of internet services and a resultant rise in the number of online shoppers is the major factor driving the demand for e-commerce fulfillment services worldwide. Consumer expectations with regards to delivery time, shipping speed, and associated costs are changing rapidly. As per the GVR analysis, the major reason for consumers abandoning online shopping carts include delayed shipping. Therefore, established merchants, such as Amazon.com, Inc., have started delivering orders in the shortest turnaround time, in some cases within an hour across large cities.

This has been possible only because of the strategic location and positioning of fulfillment service centers. The growing demand for a shorter delivery period has augmented the need for micro warehouses with a wide geographical presence to ensure the order reaches the end-user in a short period. Picking and bundling play a vital role in fulfilling the rapid delivery demand of customers. In addition, automated packaging and labeling solutions used at fulfillment centers help staff sort, locate, seal, package, and label products in a relatively lesser time, thereby accelerating the delivery process. Over the years, e-commerce fulfillment service companies have gained significant momentum, especially with a rise in the number of e-commerce start-ups and fast-growing Small- & Medium-sized Enterprises (SMEs) worldwide.

These start-ups do not have an established distribution network and robust logistics or transportation infrastructure, owing to which they extensively depend on third-party fulfillment service providers. However, service providers including ShipBob, Inc., ShipMonk, Red Stag Fulfillment, and Radial, among others are now providing a full suite of e-commerce fulfillment services including picking, packaging, warehousing, shipping, and reverse logistics like Amazon.com, Inc. Therefore, the advent of new businesses in the e-commerce market space is anticipated to boost the market growth over the forecast period.

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E-commerce Fulfillment Services Market Report Highlights

• The market is anticipated to witness substantial growth during the forecast period
• The growth is credited to the proliferation of the e-commerce industry, especially in the emerging markets leading to an unprecedented rise in the number of online buyers
• The shipping fulfillment service segment accounted for the largest revenue share in 2021 owing to trade liberalization policies resulting in increased imports and exports of cross-border shipments worldwide
• The clothing and footwear application segment accounted for the largest revenue share in 2021 due to the growing acceptance of western culture and evolving fashion needs of the youth population
• Asia Pacific dominated the global market and is expected to register the fastest CAGR over the forecast period
• This is owing to the growth prospect offered by relatively untapped markets (rural areas & tier 2 cities) in the region

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E-commerce Fulfillment Services Market Segmentation

Grand View Research has segmented the global e-commerce fulfillment services market based on service type, application, and region:

E-commerce Fulfillment Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• Warehousing & Storage Fulfillment Services
• Bundling Fulfillment Services
• Shipping Fulfillment Services
• Others

E-commerce Fulfillment Application Outlook (Revenue, USD Million, 2017 - 2030)

• Automotive
• Beauty & Personal Care
• Books & Stationery
• Consumer Electronics
• Healthcare
• Clothing & Footwear
• Home & Kitchen Application
• Sports & Leisure
• Others

E-commerce Fulfillment Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of E-commerce Fulfillment Services Market

• com, Inc.
• eFulfillment Service, Inc.
• Ingram Micro, Inc.
• Rakuten Super Logistics
• Red Stag Fulfillment
• ShipBob, Inc.
• Shipfusion Inc.
• Xpert Fulfillment
• Sprocket Express
• FedEx
• United Parcel Service of America, Inc

About Grand View Research

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

Precision Farming Market Projected to Discern Stable Expansion by 2030

 Precision Farming Market Growth & Trends

The global precision farming market size is anticipated to reach USD 20.84 billion by 2030, registering a CAGR of 12.8% over the forecast period, according to a new report by Grand View Research, Inc. Precision farming, also known as site-specific crop management or satellite farming, is a farm management concept that uses information technology to ensure optimum health and productivity of crops.

The precision farming technique largely depends on specialized equipment such as sensing devices, antennas and access points, and automation and control systems. It also includes maintenance and managed services. The process also incorporates a broad range of technologies such as bio-engineering, robotics and automation, imagery and sensors, and big data.

The growing number of applications for telematics in agriculture is anticipated to supplement the growth of the market. Telematics services include tracking devices that deploy the Global Navigation Satellite System (GNSS) to show the position of the equipment for management purposes. Major agriculture equipment manufacturers are adopting telematics services for their equipment to improve farm efficiency, thereby reducing the cost of agricultural operations and maximizing profitability. Improved management can also help reduce environmental impact.

Telematics technology is used to capture and transfer data from the farm equipment through sensors installed on tractors and other field monitoring equipment. The increasing adoption of telematics systems by agricultural equipment companies is expected to drive the growth of the market during the forecast period.

Furthermore, with GPS guidance and automation advancements, drones are poised to transform the agriculture industry in the forthcoming years. The ability of drones to precisely analyze the soil at the beginning of the crop cycle and detect a plant infected with bacteria or fungus is anticipated to propel the growth of the drone segment.

However, the low rate of technology adoption among farmers is likely to hamper market growth during the study period. This may be due to factors such as the absence of stringent standards and limitations on the exchange of data. Furthermore, farmers lack independent consulting and advisory services owing to the absence of validated agronomic models for Variable Rate Technology (VRT) to make decisions on investments. In addition, independent services are not linked to co-operatives, government bodies, and farmer associations where farmers can get additional information to make better decisions.

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Precision Farming Market Report Highlights

• Increasing government support for adopting modern agricultural techniques and the growing need for efficiently monitoring the health of crops are expected to drive market growth
• The cloud-based software model is anticipated to gain a significant share of the market over the projected period as it reduces energy consumption and provides storage for a large amount of data while facilitating cost saving
• Innovations in GPS mapping and related farming applications are enabling farmers to operate more efficiently and increase their profit margins
• Demand for drones is expected to grow in the agriculture field as they are increasingly used to monitor irrigation systems
• Yield monitoring is expected to continue leading the application segment in terms of revenue share. It is widely used in soil monitoring since it detects soil qualities that may be used to increase yields
• The digital revolution in the agricultural sector, along with government financial incentives to farms, is likely to drive demand for precision farming in Europe in the forthcoming years
• Asia Pacific is expected to showcase the fastest growth owing to the availability of the largest agricultural land, which provides growth opportunities in countries such as China, India, Australia, and Japan
• Key players in the precision agriculture market include AgEagle Aerial Systems Inc. (Agribotix LLC); Deere and Company; Proagrica (SST Development Group, Inc.); Farmers Edge, Inc.; and Granular, Inc.

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Precision Farming Market Segmentation

Grand View Research has segmented the global precision farming market based on offering, application, and region:

Precision Farming Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
  • Automation & Control Systems
    • Drones
    • Application Control Devices
    • Guidance System
      • GPS
      • GIS
    • Remote Sensing
      • Handheld
      • Satellite Sensing
    • Driverless Tractors
    • Mobile Devices
    • VRT
      • Map-based
      • Sensor-based
    • Wireless Modules
      • Bluetooth Technology
      • Wi-Fi Technology
      • Zigbee Technology
      • RF Technology
    • Sensing Devices
      • Soil sensor
        • Nutrient Sensor
        • Moisture Sensor
        • Temperature Sensor
      • Water Sensor
      • Climate Sensor
      • Others
    • Antennas & Access Points
  • Software
    • Web-based
    • Cloud-based
  • Services
    • System Integration & Consulting
    • Maintenance & Support
    • Managed Services
      • Data Services
      • Analytics Services
      • Farm Operation Services
    • Assisted Professional Services
      • Supply Chain Management Services
      • Climate Information Services

Precision Farming Application Outlook (Revenue, USD Million, 2017 - 2030)

• Yield Monitoring
  • On-farm
  • Off-farm
• Field Mapping
• Crop Scouting
• Weather Tracking & Forecasting
• Irrigation Management
• Inventory Management
• Farm labor Management

Precision Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of the Precision Farming Market

• Ag Leader Technology
• AgJunction, Inc.
• CropMetrics LLC
• Trimble, Inc.
• AGCO Corporation
• Raven Industries Inc.
• Deere and Company
• Topcon Corporation

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.

Europe Medical Polyethylene Market Trends Regulations And Competitive Landscape Outlook to 2030

 Europe Medical Polyethylene Market Growth & Trends

The Europe medical polyethylene market size is expected to reach USD 624.27 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2022 to 2030. Increasing demand from the medical industry is anticipated to fuel the demand for medical-grade polyethylene. Polyethylene is widely used in the medical industry as it provides a low coefficient of friction, excellent chemical resistance, and good impact resistance. It caters to applications including medical implants, medical containers, and drug testing equipment.

The presence of moderate key polyethylene manufacturers is anticipated to create significant demand for medical-grade polyethylene. Furthermore, increasing demand from the medical industry is anticipated to boost the demand for medical-grade polyethylene. In addition, due to the excellent properties of polyethylene, it is ideal for use in medical products and also caters to various industries including automotive, agriculture, medical, and infrastructure.

Ethylene (C2H4) is the raw material required for manufacturing polyethylene. Advantages of using polyethylene include enhanced protection, high adaptability, lightweight, economic, durability, excellent rigidity, superior flexibility, and easy recyclability. The medical end-use industry has witnessed high consumption of HDPE and LDPE owing to their high melting point, high density, good resistance to alcohol, dilute acids and alkalis, low-cost polymer with good processability, excellent electrical insulation, very low water absorption, good impact strength, and FDA compliance.

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Europe Medical Polyethylene Market Report Highlights

• The medical tubing application segment accounted for the largest revenue share of over 20.0% in 2021 and is further expected to witness prominent growth over the forecast period
• In 2021, the U.K. led the European market and accounted for a revenue share of more than 25.0%. Changing medical needs in the U.K., coupled with the increased spending capacities of consumers, are expected to drive the demand for polyethylene in the country over the forecast period. Growing demand for lightweight, cost-effective, and efficient materials for the manufacturing of medical applications is expected to positively impact the market growth over the coming years
• Major players are continuously working on expanding manufacturing capabilities with the rise in demand from the medical industry. In March 2021, Celanese Corporation planned to build a new ultra-high-molecular-weight polyethylene (UHMWPE) facility in Europe. This facility was expected to support growth in its high-value GUR engineered materials portfolio. The expansion is expected to begin in 2024 with an annual production capacity of approximately 34,000 metric tons/year

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Europe Medical Polyethylene Market Segmentation

Grand View Research has segmented the Europe medical polyethylene market based on application and country:

Europe Medical Polyethylene Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Medical Tubing
• Disposables
• Medical Bags
• Medical Implants
• Containers
• Drug Testing Equipment
• Others

Europe Medical Polyethylene Country Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Germany
• UK.
• France
• Italy
• Spain
• Portugal

List of Key Players in Europe Medical Polyethylene Market

• Tekni-Plex, Inc.
• Dow Inc.
• Celanese Corporation
• SABIC
• Orthoplastics Ltd.
• LyondellBasell Industries Holdings B.V.
• Biesterfeld AG
• Exxon Mobil Corporation

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.

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

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

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

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

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

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

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.