Tuesday, 11 October 2022

Retail Cooler Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Retail Cooler Market Growth & Trends

The global retail cooler market size is expected to reach USD 3.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.6% from 2022 to 2030. An increase in the number of outdoor activities including camping and hiking is positively impacting the growth of the market. For instance, according to the Sport Consumer Survey conducted by the European Outdoor Group, in 2021, sports activities including hiking were the most prominent activities in Europe in which consumers majorly participated.

Rising demand for packaged food and beverages, along with the rapid expansion of the hospitality sector, has led to substantial market growth. The ongoing expansion of consumer goods retail chains across the globe is also likely to drive the market further. In addition, better technologies used for manufacturing lightweight chillers that can retain ice for a longer duration will contribute to market growth over the coming years.

In terms of value, coolers with a capacity of above 50 quarts dominated the market in 2021 and are expected to maintain their lead over the forecast period. These large-capacity retail coolers are perfect for long road trips, days spent at campsites, and sporting events. Additionally, the product is often equipped with heavy-duty wheels to roll the cooler through tough terrain with the rigged wheels while it’s fully loaded.

North America held the largest revenue share in 2021 owing to the rise in the inclination of people in North America toward outdoor recreational activities, short trips, and picnics. For instance, according to the North America Camping Report by KOA, in 2021, around 57 million households reported going on at least one camping trip, depicting an increase of 18% compared to 2020.

Companies in the market are focusing on strategies such as mergers and acquisitions in order to gain market share and increase their service footprint. In July 2019, Huntington Solutions acquired Texas Foam, a manufacturer of customized extended-duration shippers (XDS™) and temperature-sensitive protective foam packaging solutions. This acquisition enabled the company to increase and broaden its production capabilities and bolster its cold chain offerings.

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

Retail Cooler Market Report Highlights

  • The above 50 quarts capacity segment dominated the market with a revenue share of over 50.0% in 2021. Retailer coolers with large capacity are used for storing all food and drinks for two or more than two people, which favors the growth of the market
  • The online distribution channel segment is expected to register the highest CAGR of 9.7% from 2022 to 2030. Increasing internet penetration among the middle-class population, coupled with the rising use of smartphones and similar devices, is the key factor driving the popularity of online channels in the market
  • Asia Pacific is expected to register the highest CAGR of 9.7% over the forecast period. The growth in the region is majorly attributed to an increase in the number of outdoor activities such as camping among consumers

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

Retail Cooler Market Segmentation

Grand View Research has segmented the global retail cooler market based on capacity, distribution channel, and region:

Retail Cooler Capacity Outlook (Revenue, USD Million, 2017 - 2030)

  • Below 10 Quarts
  • Between 11 to 25 Quarts
  • Between 26 to 50 Quarts
  • Above 50 Quarts

Retail Cooler Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Online
  • Offline

Retail Cooler Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Retail Cooler Market

  • Polar Bear Coolers
  • Lifoam Industries LLC
  • ORCA Coolers, LLC
  • Plastilite Corporation
  • ICEE Containers Pty Ltd.
  • Bison Coolers
  • Grizzly Coolers LLC
  • Huntington Solutions
  • The Coleman Company, Inc.
  • YETI Holdings, 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.

Oral Solid Dosage Contract Manufacturing Market Trends, Growth Prospects To 2030: Grand View Research Inc.

 Oral Solid Dosage Contract Manufacturing Market Growth & Trends

The global oral solid dosage contract manufacturing market size is expected to reach USD 54.7 billion by 2030, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing complexity of new drug molecules, R&D investments by large Contract Manufacturing Organizations (CMOs) & Contract Development & Manufacturing Organization (CDMOs), and rising demand for new therapies would drive the growth of the market. Oral solids are the most widely accepted dosage forms in the pharmaceutical sector as they are cost-effective, simple to manufacture, and patient-friendly. Furthermore, advances in drug delivery technology, such as the delivery of drugs and sustained release formation, are enabling oral solids to achieve even higher levels of bioavailability while lowering drug administration frequency.

The global market is growing in conjunction with the oncology sector. Clinical-stage cancer programs increased by 77% between 2015 and 2020 (1,642 to 2,911) and completely dominate the landscape, resulting in approximately one-quarter of drugs currently being developed globally being classified as highly potent. This tendency forward into high potency is having a significant impact on the CDMO space, as the increasing demand for smaller-scale and encapsulated manufacturing processes presents a challenge for most of pharma’s installed capacity. The COVID-19 crisis has had a number of short- and long-term consequences.

The healthcare sector witnessed a considerable decline in its revenue recognition during the year 2020 due to labor shortages and disruption of the raw material supply chain. However, drug sponsors are focusing on enhancing their efforts in the R&D of drug products that will help treat viral infection. Moreover, small molecule oral solid dosage (OSD) products, such as azithromycin and hydroxychloroquine, etc. have a positive impact on the COVID-19-infected population. Hence, an increasing number of manufacturers were focused on the commercialization and production of such OSD drug products, thus supporting the market growth.

Moreover, the industry witnessed a significant surge in 2020 and 2021, as a new and high number of CMOs were allocated with contracts of OSD as a potential treatment of the COVID-19 infection. For instance, in August 2020, Pfizer Inc. announced an agreement with Gilead Sciences, Inc. to provide contract manufacturing services for the supply and manufacturing of Gilead’s investigational antiviral remdesivir drug, with an aim to scale up the supply of the investigational treatment for COVID-19 patients. Hence, such factors are supporting the demand surge of OSD products across 2020 and 2021.

Request a free sample copy or view report summary: Oral Solid Dosage Contract Manufacturing Market Report

Oral Solid Dosage Contract Manufacturing Market Report Highlights

  • The tablets segment dominated the market in 2021. Tablets are the most common OSD forms. It is the most popular dosage due to its compactness, easy manufacturing, and convenience of self-administration
  • Increased demand for bilayer tablets and investments by firms to expand formulation and controlled-release tablet manufacturing drive the market growth
  • Based on end-user, the large-size companies segment accounted for the largest revenue share in 2021. The solid dose manufacturing market is increasingly defined by collaboration, flexibility, and a high level of adaptability
  • As more pharma developers design drugs from the start with the intention of outsourcing them to large CMOs, it's only natural that large CMOs gain more leverage in the development pipeline
  • Asia Pacific led the global market in 2021 and is projected to witness the fastest CAGR during the forecast years as China and India are the powerhouses of OSD CMO with significantly lower prices

Access Press Release@ https://www.grandviewresearch.com/press-release/global-oral-solid-dosage-osd-contract-manufacturing-market

Oral Solid Dosage Contract Manufacturing Market Segmentation

Grand View Research has segmented the global oral solid dosage contract manufacturing market on the basis of product type, mechanism, end-user, and region:

OSD Contract Manufacturing Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Tablets
  • Capsules
  • Powders
  • Granules
  • Others (Lozenges, Gummies, Pastilles, etc.)

OSD Contract Manufacturing Mechanism Outlook (Revenue, USD Million, 2018 - 2030)

  • Immediate-release
  • Delayed-release
  • Controlled-release

OSD Contract Manufacturing End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Large-size Companies
  • Medium- & Small-size Companies
  • Others (Startups & Generic Pharmaceutical Companies)

OSD Contract Manufacturing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Oral Solid Dosage (OSD) Contract Manufacturing Market

  • Catalent, Inc.
  • Lonza Group
  • Piramal Pharma Solutions
  • Aenova
  • Jubilant
  • Boehringer Ingelheim
  • AbbVie Contract Manufacturing
  • Patheon
  • Recipharm
  • Next Pharma AB
  • Siegfried AG
  • Corden Pharma

About Grand View Research

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

Global Biodegradable Superabsorbent Materials Market Will Be Worth USD 250.4 Million by 2030: Grand View Research Inc.

 Biodegradable Superabsorbent Materials Market Growth & Trends

The global biodegradable superabsorbent materials market size is expected to reach USD 250.4 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at CAGR of 8.0% from 2022 to 2030. The hygiene and personal care sector will be a significant market for biodegradable superabsorbent materials. China and India have witnessed a huge increase in the infant population over the past few years. This is expected to be a key feature for the market as various diaper manufacturing companies are investing heavily in emerging economies in order to expand their market presence. Immigration is one of the major causes for the rise in the baby population in the U.S., which will help in propelling demand for biodegradable superabsorbent materials over the forecast period.

Growing older population especially in the developed economies of Europe and North America is expected to be a critical factor for the growth of the adult diapers over the forecast period. Products such as adult diapers and light incontinence pads are increasingly becoming amenable to use. Suppliers are looking to enhance the comfort levels of the consumer in the highly competitive market. Companies are focusing on increasing efficiency, reducing cost, and creating thinner products which will adhere to the comfort level of consumers. Adult incontinence is increasingly important owing to the positive perception towards incontinence products where the concern has become improvement in the quality of life has led to the expansion to the market. Growing demand for adult pants, ultra-thin sanitary napkins and other incontinence products with superior retention and absorption abilities will result in propelling growth over the forecast period.

Request a free sample copy or view report summary: Biodegradable Superabsorbent Materials Market Report

Biodegradable Superabsorbent Materials Market Report Highlights

  • The disposable diapers segment is expected to foresee revenue growth at a CAGR of 7.6% from 2022 to 2030. Growing older population especially in the developed economies of Europe and North America is expected to be a critical factor for the growth of adult diapers over the forecast period. Products such as adult diapers and light incontinence pads are increasingly becoming amenable to use
  • The adult incontinence products segment accounted for more than 18.0% of the revenue share in 2021. Adult incontinence is increasingly important owing to the positive perception towards incontinence products where the concern has become improvement in the quality of life has led to the expansion to the market. Growing demand for adult pants, ultra-thin sanitary napkins and other incontinence products with superior retention and absorption abilities will result in propelling growth over the forecast period
  • Europe accounted for more than 31.0% of the revenue share in 2021 and is expected to witness substantial gains over the forecast period on account of a broad consumer base coupled with rapid increase in the consumer disposable income
  • Over the past few years, different strategic initiatives have been recorded to boost the biodegradable superabsorbent materials market growth. For instance, in September 2019, LG Chem and ADM announced that both companies had a joint development agreement to create a bio based acrylic acid used in manufacturing of superabsorbent polymers (SAP) that will be used further in a wide range of hygiene products such as diapers. This joint development agreement will help both companies to provide a sustainable and cost-effective solution to its clients

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

Biodegradable Superabsorbent Materials Market Segmentation

Grand View Research has segmented the global biodegradable superabsorbent materials market by product, application, and region:

Biodegradable Superabsorbent Materials Product Outlook (Volume, Tons; Revenue, USD Thousand, 2019 - 2030)

  • Polyvinyl Alcohol
  • Polyitaconic Acid
  • Polyacrylamide
  • Polysaccharides

Biodegradable Superabsorbent Materials Application Outlook (Volume, Tons; Revenue, USD Thousand, 2019 - 2030)

  • Disposable diapers
  • Adult incontinence products
  • Female hygiene
  • Agriculture
  • Medical
  • Others

Biodegradable Superabsorbent Materials Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2019 - 2030)

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

List of Key Players of Biodegradable Superabsorbent Materials Market

  • The Lubrizol Corporation
  • BASF SE
  • ADM
  • Amereq, Inc.
  • SNF
  • Itaconix Corporation
  • NIPPON SHOKUBAI CO., LTD.
  • Nuoer Chemical Australia Pty Ltd
  • JRM Chemical, Inc.
  • CHINAFLOC

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.

Monday, 10 October 2022

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

 Banana Flour Market Growth & Trends

The global banana flour market size is anticipated to reach USD 1,269.6 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.8% from 2021 to 2028. The market is predominantly driven by the growing awareness regarding the effect of gluten-free food intake associated on health. Banana flour has emerged as a viable alternative to wheat flour. Banana flour is manufactured by milling dried green bananas, resulting in flour with high resistant starch content.

Green banana flour is a gluten-free flour that bakes well. In most baking recipes, banana flour is used instead of ordinary flour. Banana flour is versatile enough to substitute for all-purpose wheat flour in practically any recipe. Banana flour has a low glycemic index, which means it doesn't cause blood sugar levels to surge. For Instance, Natural Evolution makes green banana baking flour from green Cavendish bananas grown on the Atherton Tablelands in tropical Far North Queensland, Australia. It's a nutrient-dense, light, natural, gluten-free flour.

Banana flour is commonly used as a gluten-free replacement for typical grain flour since it is high in nutrients including protein, potassium, and other essential elements. The manufacturers operating in the market such as Pereg Gourmet Spices, Dr. Food Banatone, Seawind Foods, Woodland Foods, Divine Foods, APKA Industries, Miski Organics, Saipro Biotech Private Limited, LiveKuna, Diana Foods, and Synergy Food Industries, among others have witnessed an increase in demand due to the COVID-19 pandemic.

Request a free sample copy or view the report summary: Banana Flour Market Report

Banana Flour Market Report Highlights

  • Based on nature, the conventional banana flour segment dominated the market and accounted for 88.0% revenue share in 2020. It is anticipated to witness a CAGR of 6.6% during the forecast period owing to the high demand for gluten-free flour from the food and beverage industry
  • Based on processing, the spray/drum drying processing segment dominated the market and accounted for 41.7% of the revenue share in 2020. As this method features the fastest drying, speed, and spray drying process is widely used in the banana flour production
  • Based on form, the ripen banana flour segment is expected to witness a CAGR of 7.3% from 2021 to 2028 owing to the increasing demand for ripening banana flour from infant food manufacturers
  • Based on end-use, the food industry segment dominated the market with a share of 72.1% in 2020. Banana flour has a wide application in bakery and snacks, infant food, soup and sauces, fillings and dessert, and others that making it a dominant end-use segment in the market
  • Based on the distribution channel, the indirect segment is expected to witness a CAGR of 7.7% from 2021 to 2028 due to the increasing popularity of the household recipes owing to their multiple health benefits
  • Asia Pacific dominated the market and accounted for a revenue share of around 36% in 2020. The increasing demand for clean labels and healthy food products by the consumer are the major driving factors in the region. Pharmavite, the India-based fruit products manufacturer BanaTone offers banana powder for babies, a natural banana flour made from traditional green bananas

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

Banana Flour Market Segmentation

Grand View Research has segmented the global banana flour market based on nature, processing, form, end-use, distribution channel, and region:

Banana Flour Nature Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Organic
  • Conventional

Banana Flour Processing Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Freeze Dried
  • Spray/Drum Dried
  • Sun Dried
  • Others

Banana Flour Form Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Ripen
  • Unripen

Banana Flour End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Food Industry
  • Beverages
  • Retail/Household
  • Others

Banana Flour Distribution Channel Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Direct Sales
  • Indirect Sales
    • Supermarkets & Hypermarkets
    • Grocery Stores
    • Online Retail
    • Others

Banana Flour Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Banana Flour Market

  • Pereg Gourmet Spices
  • Food Banatone
  • Seawind Foods
  • Woodland Foods
  • Divine Foods
  • APKA Industries
  • Miski Organics
  • Saipro Biotech Private Limited
  • LiveKuna
  • Diana Foods
  • Synergy Food Industries

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.

Laser Hair Removal Market is Estimated To Attain USD 3.6 Billion by 2030

 Laser Hair Removal Market Growth & Trends

The global laser hair removal market size is expected to reach USD 3.6 billion by 2030 registering a CAGR of 18.4% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for non-invasive hair removal procedures is expected to drive the market growth. Technological advancements, such as the introduction of ultra-technology, are also projected to boost market growth.

The ultra-technology is more secure than earlier techniques and the prevalence of side effects, such as burning sensations and temporary rashes on the skin, can be easily healed with topical applications. Asia Pacific is anticipated to register the fastest CAGR during the forecast period owing to the high prevalence of skin disorders in the emerging economies and the rise in disposable income of consumers. Moreover, growing e-commerce penetration is driving the market due to the easy availability of advanced products.

The Covid-19 pandemic has created several challenges for the aesthetics industry. Initially, most of the clinics had halted their services with only emergency procedures to be performed. This has impacted the market growth. However, recently, due to ease of lockdown restrictions, services have resumed in a staggered manner with strict measures to be followed. This will boost market growth.

Request a free sample copy or view the report summary: Laser Hair Removal Market Report

Laser Hair Removal Market Report Highlights

  • The Nd: YAG laser type segment is expected to register the fastest CAGR from 2021 to 2028 owing to the high efficiency of these products on all skin types, including tanned skin, and faster repetition rates
  • The beauty clinic end-use segment is expected to lead the global market, in terms of revenue share as well as growth rate, during the forecast period owing to an increase in demand for advanced aesthetic devices for hair removal
  • The dermatology clinics segment is projected to account for a significant market share by 2028 due to the availability of skilled professionals and efficient treatments with extreme safety and comfort
  • North America was the dominant regional market in 2020 and is expected to expand further at a steady CAGR from 2021 to 2028 owing to a huge market of dermatology clinics and the adoption of innovative devices

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

Laser Hair Removal Market Segmentation

Grand View Research has segmented the global laser hair removal market based on laser type, end-use, and region:

Laser Hair Removal Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Diode
  • Nd: YAG
  • Alexandrite

Laser Hair Removal End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Beauty Clinics
  • Dermatology Clinics
  • Home Use

Laser Hair Removal Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Singapore
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the Middle East & Africa

List of Key Players in the Laser Hair Removal Market

  • Cynosure
  • Alma Lasers
  • Solta Medical, Inc.
  • Cutera
  • Candela Corporation
  • Viora
  • Lumenis
  • Syneron Medical Ltd.
  • Venus Concept

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.

Orthopedic Braces And Supports Market is Expected to Amplify USD 7.01 Billion Value by 2030: Grand View Research Inc.

 Orthopedic Braces And Supports Market Growth & Trends

The global orthopedic braces and supports market size is anticipated to reach USD 7.01 billion by 2030, registering a CAGR of 6.5% during the forecast period, according to a new report by Grand View Research, Inc. The key factors driving the market growth include the rising prevalence of chronic diseases such as osteoarthritis and rheumatoid arthritis, the incidence of trauma & injury, and technological advancements. In December 2021, Nan yang Technological University, Singapore, and an engineering firm developed X-Brace - a knee brace that is 30.0% lighter than conventional knee braces. It is distributed by a subsidiary of Delsson- Wearable Kinetics.

The COVID-19 resulted in a dip in demand for orthopedic braces and supports. This was due to the movement restrictions and social distancing measures implemented at local, national, and regional levels. The pandemic also led to supply chain hurdles, decreased sales & marketing activities, and operational challenges. As per the National Safety Council, sports and recreational injuries reduced by around 27.0% in 2020.

Injuries associated with lacrosse, hockey, track & field, baseball, softball, soccer, football, and basketball decreased by more than 60.0% from March to September 2020. This was attributed to the suspension of school and youth sports leagues leading to decreased visits to emergency departments. However, the demand recovered to pre-COVID levels as social distancing measures were eased and hospital and clinic visits resumed.

Osteoporosis is considered one of the leading causes of musculoskeletal or joint disorders in geriatric populations, leading to the need for orthopedic braces. The products restrict mobility to a particular direction, thereby, assisting the overall movement of a patient. The geriatric population base exhibits the highest incidences of musculoskeletal disorders. Thus, this group population plays a vital role in accelerating the demand for the products.

Aging leads to significant changes in the skeletal and neuromuscular systems, resulting in weak ligaments, arthritis, and Anterior Cruciate Ligament (ACL) tear. The geriatric population is also expected to grow at an unprecedented rate in the years to come. This factor is anticipated to propel the product demand in the orthopedic braces and supports market.

High incidences of sport-related injuries are another leading cause of disability, pain, or restricted movement. As per the study published in the Environment Research and Public Health Journal in May 2021, 40.4% of study participants suffered an injury in 2019. Amongst these, 39.0% were found to be injured in a previously injured area. Around 12.24% were found to suffer from lumbar muscle strains, 11.98% injuries were from ankle sprains, and 9.31% injuries were bone fractures.

Higher rates of injury were found to be associated with using inadequate sports facilities, the greater number of practice hours per week, ages of 14 to 17, inappropriate training loads, and not performing injury-preventive activities. All these risk factors along with the growing incidence of injuries are estimated to propel the demand for orthopedic braces and supports. 

Request a free sample copy or view the report summary: Orthopedic Braces And Supports Market Report

Orthopedic Braces And Supports Market Report Highlights

  • The Orthopedic Braces And Supports market were valued at USD 4.06billion in 2021and is expected to grow at a CAGR of 6.5% during the forecast period
  • Braces & supports held the maximum market share in 2021 owing to the rising number of osteoarthritis cases, which has increased the need for braces and support devices
  • Health-conscious people, athletes, and students continuously engage in fitness-related activities. This might lead to injuries, which results in increased demand for braces and supports
  • Pain management products also held a significant market share in 2021 due to the high prevalence of joint-related disorders. Under the pain management segment, cold therapy and DVT products contributed immensely to the market growth through developmental strategies
  • The orthopedic clinic's segment was the largest revenue contributor in terms of the end-user during 2021, due to the increasing preference for orthopedic consultations intended for a quick check-ups
  • The Over-the-Counter (OTC) segment is anticipated to exhibit lucrative CAGR during the forecast period since the products are readily available in retail stores without a doctor’s prescription
  • North America held the largest market share in 2021 due to the rising healthcare expenditure and high purchasing power of consumers. Asia Pacific is anticipated to showcase attractive growth during the forecast period owing to the rising geriatric population in key markets 

Access Press Release@ https://www.grandviewresearch.com/press-release/global-orthopedic-braces-support-systems-market

Orthopedic Braces And Supports Market Segmentation 

Grand View Research has segmented the global orthopedic braces and supports market reports based on the product, end-user, and region:

Orthopedic Braces And Supports Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Braces & Supports Type
    • Knee Braces & Supports
      • Knee Braces for Osteoarthritis and Ligament Injuries
      • Post-operational Knee Braces
    • Back Braces & Supports
      • Upper Spine Orthoses
      • TLSOs
      • LSOs
      • Others
    • Ankle Braces & Supports
      • Soft Braces
      • Hinged Braces
    • Walker Boots
      • Pneumatic
      • Non-pneumatic
    • Upper Extremity Braces & Supports
      • Elbow Braces & Supports
      • Wrist Braces & Supports
      • Others
    • Others
  • Pain Management Products
    • Cold Therapy Products
    • DVT Products

Orthopedic Braces And Supports End-User Outlook (Revenue, USD Million, 2017 - 2030)

  • Orthopedic Clinics
  • Over the Counter (OTC)
  • Hospitals
  • DME Dealers
  • Others

Orthopedic Braces And Supports Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of key players in the global Orthopedic Braces And Supports Market include

  • Ă–ssur
  • BREG, Inc.
  • DeRoyal Industries, Inc.
  • Bauerfeind
  • DJO Global, Inc.
  • Otto bock
  • Fillauer LLC
  • Frank Stubbs Company Inc.
  • McDavid
  • Hely & Weber

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.

Artificial Organ And Bionics Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Artificial Organ And Bionics Market Growth & Trends

The global artificial organ and bionics market size is expected to reach USD 70.1 billion by the year 2030, expanding at a compound annual growth rate (CAGR) of 9.3% during the forecast period, according to a new report by Grand View Research, Inc. The increasing prevalence of organ failure has resulted in a massive increase in using human-made organs and bionics devices. The rising demand for donors to transplant kidneys, hearts, lungs, livers, and pancreas is a major factor boosting the market growth. Moreover, many biotechnology and medical device companies have concentrated on developing 3D printed bionic. These devices use myoelectric technology and sensory electric technology that enable the mobility of synthetic human body parts.

The COVID-19 pandemic had a detrimental effect on the artificial organ and bionics market. Patients with impairments and organ failures faced additional challenges due to the pandemic. Due to social distancing, many medical facilities were limited to non-elective procedures and surgeries and instead offered patients with impairments video conferencing to conquer market growth limitations. Moreover, there are treatment limitations that have hampered the growth of the market.

An increasing number of product launches and speedy FDA approval of these devices are bridging the shortage of donors. Rising R&D in synthetic human body parts is also boosting artificial organ and bionics market growth. For instance, on March 31, 2022, Edwards Lifesciences confirmed that the FDA certified the MITRIS RESILIA valve (a tissue valve replacement) that is specifically designed for the mitral position of the heart. Thus, with increasing healthcare expenditure and speedy FDA approval of synthetic human body parts, the market is expected to see robust growth during the forecast period.

Request a free sample copy or view report summary: Artificial Organ And Bionics Market Report

Artificial Organ And Bionics Market Report Highlights

  • The artificial organs segment generated the most revenue among all other segments in 2021 due to an escalating number of transplant procedures. The bionics segment is also expected to witness the highest CAGR owing to advancements in products
  • The kidney segment accounted for the largest market share of approximately 57.3% in the year 2021, owing to increasing kidney failures
  • The cochlear implantsegment is expected to register the highest growth rate owing to the increasing geriatric population
  • North America was the leading regional segment in 2021 and is expected to maintain its position during the forecast period owing to the presence of advanced healthcare facilities

Access Press Release@ https://www.grandviewresearch.com/press-release/global-artificial-organ

Artificial Organ And Bionics Market Segmentation

Grand View Research has segmented the global artificial organ and bionics market based on product, technology, and region:

Artificial Organ And Bionics Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Artificial Organs
    • Kidney
    • Heart
    • Lungs
    • Liver
    • Pancreas
  • Artificial Bionics
    • Cochlear implant
    • Exoskeleton
    • Bionic limbs
    • Vision bionics
    • Brain bionics

Artificial Organ And Bionics Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Mechanical bionics
  • Electronic bionics

Artificial Organ And Bionics Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Artificial Organ And Bionics Market

  • Zimmer Biomet
  • Medtronic
  • Abbott
  • ABIOMED, INC
  • Berlin Heart Gmbh
  • Biomet, Inc
  • Boston Scientific Corporation
  • Edward Lifesciences Corporation
  • Ekso Bionics
  • Heartware International, Inc
  • Iwalk, Inc.
  • Jarvik Heart, Inc.
  • SynCardia Systems, LLC.

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.

Thiamine Market to Observe Strong Development by 2030: Grand View Research Inc.

 Thiamine Market Growth & Trends

The global thiamine market size is expected to reach USD 549.9 million by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.9% from 2022 to 2030. The market is majorly driven by the increasing usage of the product in energy metabolism and the development and growth of functional cells. The future growth of the product is dependent on the awareness among people regarding the deficiency of thiamine in the human body. This has resulted in causing problems for the manufacturers to capture the market and the customers. This deficiency in the human body causes short-term memory loss, weight loss, and other mental signs.

Thiamine is also known as Vitamin B1. It is a colorless compound that is soluble in water and insoluble in alcohol. It plays a crucial role in intracellular glucose metabolism and in converting carbohydrates and fats into energy. It is also important in maintaining normal growth and development. In addition, it helps to maintain the proper functioning of the digestive system, the heart, and the nervous system. The global pandemic disrupted every industry due to the increasing demand-supply gap, decreasing production, and supply chain disruption. The automobile, industrial, steel, and tourism industries were the majorly hit industries. On the other hand, the pharmaceutical industry saw a great boom in the market. The impact of COVID-19 on the product market was positive due to its usability in the pharmaceutical industry. It was being viewed as adjunctive therapy for many critically ill patients of COVID-19. Though this requires additional study, it positively impacted the thiamine demand globally.

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

Thiamine Market Report Highlights

  • The pharmaceuticals application segment is expected to register the fastest growth rate of 14.3% from 2022 to 2030 in terms of revenue due to its rising usability as an immunity booster and natural growth and development promoter in humans as well as animals
  • Thiamine is found abundantly in cereal grains and some other seeds. In some countries, wheat flour and white rice are fortified with synthetic thiamine. In animal meat, pork is one of the biggest sources of the product
  • The product is available in many dietary supplements. Multimineral and multivitamin supplements with thiamine and B-complex vitamins are also available. The most commonly used forms in supplements are thiamine hydrochloride and mononitrate
  • North America is expected to expand at the fastest growth rate of 14.3% from 2022 to 2030 in terms of revenue. This high rate is due to the increasing use of the product in the food and beverages and pharmaceutical industries in the region
  • The global market has few players who operate in the market to create their position and capture market as well as customer base. There is a wide scope for new players to enter

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

Thiamine Market Segmentation

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

Thiamine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

  • Food and Beverages
    • Flavors
    • Others
  • Animal Feed
  • Pharmaceuticals
  • Dietary Supplements
  • Others

Thiamine Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

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

List of Key Players of Thiamine Market

  • DSM
  • Chemizo Enterprise
  • Xinfa Pharmaceutical Co., Ltd.
  • Jiangxi Tianxin Pharmaceutical Co., Ltd.
  • Nutricost
  • McCartan’s Pharmacy
  • Jiangsu Jubang Pharmaceutical Co., Ltd.
  • HPC

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.

Thursday, 6 October 2022

Pet Snacks And Treats Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Pet Snacks And Treats Market Growth & Trends

The global pet snacks and treats market size is expected to reach USD 89.51 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 11.7% from 2022 to 2030. The rise in pet humanization has led to consumers spending significantly on pet snacks and treats to keep them active, healthy, and happy. Pet owners are increasingly moving from high-quality pet snacks & treats to humanized pet food options that address health concerns and contain no unnatural preservatives or genetically modified ingredients.

According to the 2021-2022 National Pet Owners Survey by the American Pet Products Association (APPA), an estimated total of 85 million families in the U.S., amounting to up to 68% of households, own some kind of a pet. This trend correlates with the growth of certain pet food segments, including healthy treats, specialty pet foods, snacks, and other premium options.

The eatables segment accounted for a significant share of the global revenue in 2021 and is expected to maintain dominance during the forecast period. The rising awareness about pet food and treats with functional benefits such as support for joints, skin, and coat health would integrate well with the growth of this segment. Increased production of cultured meat to suffice clean meat/treats for pet animals would also influence segment growth.

The dogs segment held the largest revenue share in 2021. The increasing adoption of dogs as pets across the globe would help create opportunities for key market players during the forecast period. The 2021-2022 National Pet Owners Survey conducted by the American Pet Products Association (APPA) estimates that 69.0 million households in the U.S. own a dog.

The market is consolidated in nature with the presence of a large number of international players and few regional players. Mars, Incorporated and its Affiliates; Nestlé; SCHELL & KAMPETER, INC.; The J.M. Smucker Company; Hill's Pet Nutrition, Inc.; Addiction Foods; Wellness Pet Company; Spectrum Brands, Inc.; Unicharm Corporation; and Blue Buffalo Co., Ltd are among the prominent players in the global industry.

Request a free sample copy or view report summary: Pet Snacks And Treats Market Report

Pet Snacks And Treats Market Report Highlights

  • North America dominated with the largest revenue share in 2021 owing to increasing pet adoption and humanization, and rising awareness regarding pet health
  • The chewables segment is anticipated to progress at a rapid CAGR of 13.2% during the assessment period, as an increasing number of pet owners provide their pets with chewable snacks and treats as they aid in keeping the teeth healthy
  • The online segment is anticipated to advance at the fastest CAGR of 13.4% in the forthcoming years owing to the availability of a dynamic range of pet snacks and treats online

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

Pet Snacks And Treats Market Segmentation

Grand View Research has segmented the global pet snacks and treats market based on product, pet type, distribution channel, and region:

Pet Snacks And Treats Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Eatables
  • Chewables

Pet Snacks And Treats Pet Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Dogs
  • Cats
  • Others

Pet Snacks And Treats Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • Supermarkets & Hypermarkets
  • Specialty Pet Stores
  • Online
  • Others

Pet Snacks And Treats Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Pet Snacks And Treats Market

  • Mars, Incorporated and its Affiliates
  • NestlĂ©
  • SCHELL & KAMPETER, INC.
  • The J.M. Smucker Company
  • Hill's Pet Nutrition, Inc.
  • Addiction Foods
  • Wellness Pet Company
  • Spectrum Brands, Inc.
  • Unicharm Corporation
  • Blue Buffalo Co., Ltd

About Grand View Research

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

Synthetic Leather Market Estimated to Experience a Hike in Growth by 2030: Grand View Research Inc.

 Synthetic Leather Market Growth & Trends

The global synthetic leather market size is expected to reach USD 66.84 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2022 to 2030. The expanding product application scope in footwear has been a major factor driving the market. Furthermore, the increased significance of animal rights and growing awareness regarding that, as laid forth by various groups, and strict legislation prohibiting the use of real leather are driving the demand for synthetic leather.

Synthetic leather has many advantages, including a high gloss surface, durability, strength, UV resistance, and ease of maintenance. Additionally, synthetic leather products are less expensive so they continue to appeal to consumers, particularly those in the medium and upper-income level groups. However, in some places, like Japan, the product is competing with Fumikodata, which is a vegan material that looks like real leather. In 2021, polyurethane (PU) was the most popular product category, and it is predicted to expand at the fastest CAGR during the forecast period.

PVC is expected to grow slowly on account of its properties, such as lesser durability and sticky finish. The footwear application segment is predicted to increase significantly in the coming years owing to cheaper prices and changing environmental circumstances in various places, which require the use of different types of footwear. The demand for synthetic leather in the footwear market is being sustained by rising disposable income levels in developing markets. Furthermore, the trend of mixing athletic shoes into an everyday lifestyle is boosting product demand.

Footwear was the largest application segment in 2021. Due to the increased demand from emerging nations, the footwear sector has witnessed significant growth in recent years, although consumer spending in the U.S. and several European countries has slowed slightly due to the global recession. There has been a strong demand from countries such as China, India, Thailand, South Korea, Vietnam, and other South Asian countries. This is expected to have a major influence on synthetic leather demand in the Asian market.

Request a free sample copy or view the report summary: Synthetic Leather Market Report

Synthetic Leather Market Report Highlights

  • The global market is projected to witness significant growth during the forecast period owing to the rising product demand in automotive and footwear applications
  • PU synthetic leather emerged as the largest product segment in 2021 and is estimated to maintain its lead over the forecast period
  • The Asia Pacific is expected to witness the fastest growth during the forecast period owing to the rapid economic growth across various countries, such as Japan, India, China, and Korea. The rapid growth of the automotive and construction manufacturing industries in APAC is also fueling the product demand in the regional market
  • Countries such as India, South Korea, China, and Taiwan are emerging as key producers in the global market as a result of the availability of lower-cost raw materials. For instance, in May 2019, Teijin Frontier Co. Ltd., the fibers and products converting company of the Teijin Group, developed polishing pads with non-woven material ‘NANOFRONT’ to improve the quality of silicon wafers while also lowering production costs

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

Synthetic Leather Market Segmentation

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

Synthetic Leather Type Outlook (Volume, Million Meter; Revenue, USD Million, 2019 - 2030)

  • PU Synthetic Leather
  • PVC Synthetic Leather
  • Bio-based Leather

Synthetic Leather Application Outlook (Volume, Million Meter; Revenue, USD Million, 2019 - 2030)

  • Furnishing
  • Automotive
  • Footwear
  • Wallets, Bags & Purses
  • Clothing
  • Others

Synthetic Leather Regional Outlook (Volume, Million Meter; Revenue, USD Million, 2019 - 2030)

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

List of Key Players in the Synthetic Leather Market

  • Kuraray Co., Ltd.
  • R. Polycoats Pvt. Ltd.
  • Alfatex Italia SRL
  • Filwel Co., Ltd.
  • Yantai Wanhua Synthetic Leather Group Co., Ltd.
  • San Fang Chemical Industry Co., Ltd.
  • Mayur Uniquoters Limited
  • Teijin Limited
  • Nan Ya Plastics 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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...