Thursday, 24 August 2023

Sodium Gluconate Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 Sodium Gluconate Market Growth & Trends

The global sodium gluconate market size is expected to reach USD 794.5 million by 2030, as per the new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 3.7% from 2023 to 2030. This is attributable to the rising demand for sodium gluconate from construction and industrial sectors owing to its use as a water reducer in concrete, mortar, and gypsum. Growing consumer awareness for homecare products including floor care products and detergents is anticipated to drive the market growth over the forecast period.

Sodium gluconate is an environmentally friendly iron chelating agent widely used in cleaning and personal care products. Consistent exposure to non-biodegradable compounds has harmful effects on the environment, and thus, can create barriers to market growth over the forecast period. Such factors might lead to the increasing utilization of advanced chemicals biodegradable chemicals and thus creating lucrative opportunities for the industry.

Sodium Gluconate Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 617.4 million

Revenue forecast in 2030

USD 794.5 million

Growth rate

CAGR of 3.7% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

Changing consumer preferences, amendments to industrial policies to align with growing environmental concerns, varying raw material costs triggered by prevailing geo-political conflicts, and expected economic turbulences might become key challenges for product manufacturers across the globe.

Asia Pacific was the largest regional market for sodium gluconate in 2022, accounting for over 36% share of the global volume. Emerging economies of the region including India, China, Japan, Indonesia, and South Korea are expected to show significant improvements in the water treatment, and detergent application sectors on the account of rising population, coupled with increasing awareness. Furthermore, rising public concerns over environmental pollution caused by using non-biodegradable agents are likely to propel product demand in the coming years.

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

Sodium Gluconate Market Report Highlights

  • The North America region is expected to witness the highest CAGR of 4.1% over the forecast period. This is attributable to a surge in demand from downstream industries including metal printing, textile dyeing, as well as metal surface water treatment
  • Food & beverage segment is expected to grow at the highest CAGR of 4.3% over the forecast period. This is attributable to growing demand from dairy, food & meat processing, and convenience food sectors
  • China dominated the market in terms of both production and consumption, with nearly USD 133.0 million consumed in 2022
  • Top producers of sodium gluconate in China accounted for more than 75% of the production
  • Capacity expansions and growing investments in the Asia Pacific region are anticipated to contribute to the market’s growth in the near future

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

Sodium Gluconate Market Segmentation

Grand View Research has segmented the global sodium gluconate market based on end-use, and region:

Sodium Gluconate End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Construction
  • Food & Beverage
  • Pharmaceuticals
  • Textiles
  • Water Treatment
  • Other End-use

Sodium Gluconate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 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 in the Sodium Gluconate Market

  • Shandong Fuyang Bio-Tech CO.LTD
  • Fermentation Products, Inc.
  • Jungbunzlauer Suisse AG
  • Zhucheng Dongxiao Biotechnology Co., Ltd
  • Shandong Qilu Bio-Technology Group Co., Ltd.
  • Weifang Honghai
  • Shandong Kaison
  • Qingdao Kehai

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.

Asia Pacific Cloud Computing Market is Thriving USD 364.00 Billion Revenue by 2030: Grand View Research Inc.

 Asia Pacific Cloud Computing Market Growth & Trends

The Asia Pacific cloud computing market size is expected to reach USD 364.00 billion by 2030, growing at a CAGR of 16.6%, according to a new study conducted by Grand View Research, Inc. The numerous factors contributing to the growth of cloud computing in the Asia Pacific region include the expansion of digital transformation among organizations, increasing internet and mobile device penetration across the region, and increasing Big Data consumption.

An increasing number of cloud providers in the Asia Pacific region are actively developing cloud strategies to address business continuity and compliance requirements. For instance, in April 2023, Oracle Corporation announced to open a second cloud region in Singapore. The company’s new region will offer various services and applications including Oracle Container Engine for Kubernetes, MySQL HeatWave Database Service, Oracle Cloud VMware Solution, and Oracle Autonomous Database for small & medium businesses across manufacturing, financial services, retail, healthcare, and telecommunications in Southeast Asia.

End-use industries in the region are upgrading their data centers to offer better cloud solutions that can be combined with analytics technologies to suit business objectives and enhance business performance. Market players are also focused on expanding cloud services in the Asia Pacific region, which is anticipated to drive market growth. For instance, in June 2021, Alibaba Cloud announced the expansion of its services in Asia by introducing its first data center in the Philippines. The new data center has assisted the company in expanding its service offerings and gaining a competitive edge in the market.

Government bodies across the APAC region are undertaking initiatives to increase the adoption of cloud computing technologies across their countries. For instance, in August 2022, the National e-Governance Division (NeGD) of the Ministry of Electronics and Information Technology (MeitY), India, organized a Cloud Computing Capacity Building program for officials from State/UT Departments, Central Line Ministries, e-Government Project Directors, Mission Mode Projects, and State E-Mission Teams. This program is designed to ensure and impart adequate knowledge, appropriate skill, and appropriate competencies for utilizing the benefits of cloud computing in e-Governance practices. Moreover, hybrid cloud computing enables companies to free up local resources for more sensitive data or applications without spending on handling temporary surges in demand.

Request a free sample copy or view report summary: Asia Pacific Cloud Computing Market Report

Asia Pacific Cloud Computing Market Report Highlights

  • The Infrastructure as a Service(IaaS) segment is expected to register the highest CAGR from 2023 to 2030, owing to the rising demand for low-cost IT infrastructure and faster data accessibility
  • The small & medium enterprises segment is expected to grow at the highest CAGR over the forecast period, owing to enhanced collaboration, easy accessibility, and quick turnaround times
  • Hybrid deployment is anticipated to be the fastest-growing segment over the forecast period. Hybrid cloud computing enables organizations to scale up their on-premise infrastructure to the public cloud to manage overflow when the computing and processing demand fluctuates
  • The manufacturing end-use segment is expected to register the highest growth rate from 2023 to 2030To improve operational resilience and efficiently manage upcoming risks and supply chain crises, manufacturers are leveraging cloud computing that is anticipated to drive the segment growth

Access Press Release@ https://www.grandviewresearch.com/press-release/asia-pacific-cloud-computing-market-analysis

Asia Pacific Cloud Computing Market Segmentation

Grand View Research has segmented the Asia Pacific cloud computing market based on service, deployment, enterprise size, end-use, and region:

Asia Pacific Cloud Computing Service Outlook (Revenue, USD Billion, 2018 - 2030)

  • Infrastructure as a service (IaaS)
  • Platform as a service (PaaS)
  • Software as a service (SaaS)

Asia Pacific Cloud Computing Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Public
  • Private
  • Hybrid

Asia Pacific Cloud Computing Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Enterprises
  • Small & Medium Enterprises

Asia Pacific Cloud Computing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI
  • IT & Telecom
  • Retail & Consumer Goods
  • Manufacturing
  • Energy & Utilities
  • Healthcare
  • Media & Entertainment
  • Government & Public Sector
  • Others

Asia Pacific Cloud Computing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • China
  • Japan
  • India
  • Australia
  • South Korea

List of Key Players in the Asia Pacific Cloud Computing Market

  • Alibaba Group Holding Limited
  • Microsoft Corporation
  • com Inc.
  • Google LLC (Alphabet Inc.)
  • Cisco Systems, Inc.
  • Dell Inc.
  • Hewlett Packard Enterprise Development LP
  • International Business Machines Corporation
  • Oracle Corporation
  • com Inc.
  • SAP SE
  • Workday, 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.

Robot As A Service Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Robot As A Service Market Growth & Trends

The global robot as a service market size is estimated to reach USD 4.12 billion by 2030, growing at a CAGR of around 17.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing demand for automation in various industries is driving the market growth. Companies seeking to improve efficiency and productivity are turning to automation technologies like robots. This technology provides an affordable and flexible way for companies to access advanced robotics technology, allowing them to automate their operations without significant upfront investments.

The need to reduce labor costs also fuels the demand for these robots. In many industries, labor costs are high, and companies are looking for ways to reduce these costs without sacrificing productivity. Robots can perform tasks more efficiently and consistently than human workers, making them an attractive option for companies looking to reduce labor costs. The subscription per hour follows a usage-based approach, where customers are charged for the duration of the robot’s utilization. This model offers flexibility to businesses as they only pay for the specific period they require the robotic services by aligning costs with actual usage.

Robot As A Service Market Report Scope

Report Attribute

Details

The market size value in 2023

USD 1.33 billion

The revenue forecast in 2030

USD 4.12 billion

Growth rate

CAGR of 17.5% from 2023 to 2030

The base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

The market's growth is due to the increasing adoption of robots in various industries such as healthcare, logistics, retail, and manufacturing. Companies want to automate repetitive and tedious tasks to improve efficiency and productivity. It provides a cost-effective solution for companies to access the benefits of robotics without the high upfront costs. Companies can rent or lease robots which helps them avoid the large expenses associated with purchasing and maintaining robots.

Companies are also receiving venture funding which helped them to drive innovation and accelerate the adoption of robotics. Startups in the market have received significant investments, which has enabled them to develop more advanced and sophisticated robots. For instance, cobots are becoming more popular in the market, as these robots are designed to work alongside humans and can be programmed to perform a wide range of tasks. They are particularly useful in industries such as manufacturing and logistics, where they can help to improve efficiency and safety.

Larger enterprises have been early adopters of robot as a service (RaaS) solutions; however, there is a significant opportunity for their providers to target SMEs. SMEs may need more resources to invest in expensive robotics equipment; however, they could benefit from this technology solution that allows them to access the robots without the high upfront cost.

As the capabilities of robots continue to evolve, new use cases for these robots are likely to emerge. For example, various industries could use robots for cleaning, security, and inspection tasks. The demand for service robots designed to interact with humans will increase during the forecast period. Companies are capitalizing on this trend by offering service robots as part of their offerings. Service providers develop and offer software solutions for robot control and operating systems. These software platforms enable users to monitor and control the robots, manage their movements, coordinate multiple robots, and perform tasks efficiently. The software allows for seamless integration of different hardware components and provides a user-friendly interface for programming and customization.

Request a free sample copy or view report summary: Robot As A Service Market Report

Robot As A Service Market Report Highlights 

  • The small and medium enterprises (SMEs) segment is expected to record a significant CAGR of around 19.0% from 2023 to 2030 due to the increasing demand for automation, efficiency, and cost savings in various industries
  • The logistics end-use segment is anticipated to witness the fastest CAGR of over 15.0% from 2023 to 2030. This growth can be attributed to increasing demand for cost-effective and efficient transportation and warehousing solutions
  • Asia Pacific is anticipated to register the highest CAGR over the forecast period. The rapid growth of e-commerce and the subsequent increase in demand for efficient logistics and warehousing solutions have driven the market’s growth in the region
  • The major companies operating in the market include KUKA AG, Fanuc Corporation, iRobot Corporation, and Aethon

Access Press Release@ https://www.grandviewresearch.com/press-release/global-robot-as-a-service-market

Robot As A Service (RaaS) Market Segmentation

Grand View Research has segmented the global robot as a service market based on enterprise size, application, industry vertical, and region:

Robot As A Service (RaaS) Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Small & Medium Enterprises
  • Large Enterprises

Robot As A Service (RaaS) Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Handling
  • Assembling and Disassembling
  • Dispensing
  • Processing
  • Welding and Soldering
  • Others

Robot As A Service (RaaS) Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI
  • Defense
  • Healthcare
  • Automotive
  • Manufacturing
  • Retail
  • Telecom & IT
  • Logistics & Transportation
  • Others

Robot As A Service (RaaS) Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • UAE
    • South Africa
    • Rest of the Middle East and Africa

List of Key Players in the Robot As A Service Market

  • Ademco Global
  • Aethon
  • ABB Group
  • Amazon Web Services Inc.
  • Beetl Robotics
  • Berkshire Grey Inc.
  • Cobalt Robotics
  • CYBERDYNE Inc.
  • Fanuc Corporation
  • iRobot Corporation
  • inVia Robotics
  • Kongsberg Maritime
  • KUKA AG
  • Locus Robotics
  • Northrop Grumman
  • RedZone Robotics
  • Relay Robotics
  • Yaskawa Electric 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.

Cancer Vaccine Market Competitive Insight and Key Drivers 2023 to 2030: Grand View Research Inc.

 Cancer Vaccine Market Growth & Trends

The global cancer vaccine market size is expected to reach USD 16.84 billion by 2030, expanding at a CAGR of 11.04% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to the increasing prevalence of cancer among the population. According to the WHO, it is a leading cause of death globally, which accounted for 10 million deaths in 2020, with prostate, lung, breast, colon, skin, and stomach cancers being the most common types causing one in every six deaths worldwide. A rise in the number of cases can be majorly attributed to various factors, such as the rising geriatric population and changing prevalence of certain causes of cancer associated with economic & social development. This is particularly seen in emerging economies, wherein a general shift is observed in terms of cancers associated with poverty, which is a contrast to developed economies, wherein cases have increasingly been associated with lifestyle disorders.

Cancer Vaccine Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 8.09 billion

Revenue forecast in 2030

USD 16.84 billion

Growth rate

CAGR of 11.04% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

According to the WHO, obesity, certain types of infections, and exposure to radiation are major factors associated with an increase in the number of cases. Moreover, the demand for vaccines is significantly increasing worldwide owing to technological advancements in the field of prevention. FDA support for developing biomarkers & mass cytometry; launch of various flow cytometry reagents for drug discovery & diagnosis; technologically advanced miniaturized devices, facilitating portability & precision; development of cell- & bead-based flow cytometry techniques are major factors boosting the market growth. Various programs to increase awareness about cancer by organizations are key factors responsible for the increased demand for innovative vaccines worldwide. Collaborations and partnerships undertaken by the National Cervical Cancer Coalition, CDC, WHO, the U.S. Preventive Services Task Force, and others for increasing screening of cervical cancer are major factors expected to augment the market growth during the forecast period.

Furthermore, key players involved in developing and formulating various vaccines are focusing on collaborations and partnerships to develop novel vaccines and to maintain their competitive position in the industry. Moreover, several players are involved in the development of novel vaccines to meet the rising demand for prevention of the condition. For instance, in February 2023, BioNTech announced plans to proceed with clinical trials for its vaccine from September 2023, which is expected to be launched in the market before 2030. In March 2023, Researchers at Cleveland Clinic announced the next step toward the launch of a vaccine for the prevention of triple-negative breast cancer, which is one of the most lethal forms of the condition.

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

Cancer Vaccine Market Report Highlights

  • The preventive vaccine type segment held the largest revenue share in 2022 owing to the need for preventing the condition due to the rising prevalence
  • The cervical cancer indication type segment is expected to register the fastest growth rate over the forecast period due to the rising disease prevalence
  • On the basis of technology type, the recombinant vaccine segment dominated the global industry in 2022 due to the high availability of vaccines developed from recombinant technology
  • Key players operating are constantly focusing on product launches and geographical expansions to maintain their market position and share
  • North America held the largest revenue share in 2022 on account of the better healthcare infrastructure, the high prevalence of cancer, the presence of key players, and the availability of proper vaccination service

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

Cancer Vaccine Market Segmentation

Grand View Research has segmented the global cancer vaccine market based on vaccine type, indication type, technology type, and region:

Cancer Vaccine Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Preventive Cancer Vaccines
  • Therapeutic Cancer Vaccines
  • Others

Cancer Vaccine Indication Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Prostate Cancer
  • Bladder Cancer
  • Melanoma
  • Cervical Cancer
  • Other

Cancer Vaccine Technology Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Recombinant Cancer Vaccines
  • Whole-cell Cancer Vaccines
  • Viral Vector and DNA Cancer Vaccines
  • Other Technologies

Cancer Vaccine Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players Cancer Vaccine Market

  • Merck & Co., Inc.
  • GSK plc
  • Dendreon Pharmaceuticals LLC.
  • Dynavax Technologies.
  • Ferring B.V.
  • Amgen, Inc.
  • Moderna, Inc.
  • Sanofi
  • AstraZeneca
  • Bristol-Myers Squibb 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.

Wednesday, 23 August 2023

Healthcare Powered Air Purifying Respirator Market is Expected to Amplify USD 381.7 Million Value by 2028: Grand View Research Inc.

 Healthcare Powered Air Purifying Respirator Market Growth & Trends

The global healthcare powered air purifying respirator market size is expected to reach USD 381.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.0% from 2019 to 2028. The rising focus on hygiene in healthcare facilities to reduce Healthcare-associated Infections (HAIs) is expected to have a positive impact on the growth of the market.

HAIs can occur in patients while receiving healthcare treatments for any medical condition in healthcare facilities. These infections can be associated with surgeries and/or medical devices used during medical or surgical procedures. To avoid these infections, the use of healthcare Powered Air Purifying Respirator (PAPR) by doctors and healthcare workers has registered a rapid increase.

Healthcare Powered Air Purifying Respirator Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 301.6 million

Revenue forecast in 2028

USD 381.7 million

Growth Rate

CAGR of 10.0% from 2019 to 2028

Base year for estimation

2020

Historical data

2017 - 2020

Forecast period

2019 - 2028

PAPRs are required to reduce the risk of exposure to secretions, bodily fluids, and excretions, during the healthcare professionals engaged in taking care of the patients. The demand for PAPR in the healthcare industry is expected to grow to protect healthcare professionals and patients from infections.

Companies are investing in research and development centers to develop and introduce new products in the market. For instance, in February 2019, Bullard opened a new research and development facility in Lexington, Kentucky, U.S. This center will focus on the development of next-generation products for the company’s customers.

Request a free sample copy or view report summary: Healthcare Powered Air Purifying Respirator Market Report

Healthcare Powered Air Purifying Respirator Market Report Highlights

  • The half mask segment dominated the market and accounted for 55.4% of the global revenue share in 2020 owing to its enhanced protection in comparison to N95 masks as it comprises P100 high-efficiency filters or High-Efficiency Particulate Air (HEPA) filters
  • The demand for healthcare PAPR is expected to witness a CAGR of 9.9% in Europe from 2019 to 2028 on account of the rising number of qualified nurses & midwives, associate nurses, and other healthcare professionals
  • North America accounted for 39.9% of the global revenue in 2020, attributed to the increasing emphasis on hygiene and safety standards in the healthcare sector across the region
  • The demand for healthcare PAPR in Australia is expected to witness a CAGR of 10.9% from 2019 to 2028 on account of increasing cases of chronic diseases, aging population, and changing consumer expectations for advanced medical facilities
  • Bullard launched SALUS-HC Powered Air-Purifying Respirator (PAPR) for healthcare workers which have a shoulder-mounted design, and are ergonomic with sound dampening motor technology

Access Press Release@ https://www.grandviewresearch.com/press-release/global-healthcare-powered-air-purifying-respirator-market

Healthcare Powered Air Purifying Respirator Market Segmentation

Grand View Research has segmented the global healthcare powered air purifying respirator market on the basis of product and region:

Healthcare Powered Air Purifying Respirator Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Full face mask
  • Half mask
  • Helmets, hoods & visors

Healthcare Powered Air Purifying Respirator Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Healthcare Powered Air Purifying Respirator Market

  • 3M
  • Honeywell International Inc.
  • MSA
  • Bullard
  • Maxair Systems
  • RPB Safety
  • OPTREL AG
  • ILC Dover LP
  • ALLEGRO INDUSTRIES
  • Gentex 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.

Vitamin Supplements Market to Reflect Robust Expansion During 2021-2028: Grand View Research Inc.

 Vitamin Supplements Market Growth & Trends

The global vitamin supplements market size is expected to reach USD 71.37 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.2% from 2021 to 2028. The market is predominantly driven by the growing awareness regarding the nutrition intake associated with health.

The nutraceutical industry is an evolving and dynamic sector, which offers novel opportunities to collaborate scientific discovery with the growing consumer interest in health-enhancing foods. It tracks and monitors consumer trends and relationships with mass distributors, thus the products developed in this industry are a response to direct demand. It is used to improve health, delay the aging process, prevent chronic diseases, increase life expectancy, and support the structuring and functioning of the body.

Awareness among consumers regarding health and wellness is shifting the trend toward the “Prevention is better than cure” ideology. This has resulted in more consumers relying on nutraceuticals, functional foods, and dietary and vitamin supplements to lead a healthy and disease-free life.

Nutraceuticals including vitamin supplements have received immense focus in the recent past owing to their nutritional and pharmaceutical benefits along with being safe for consumption without significant side effects. This has led to an explosive growth of the nutraceutical market across the globe.

Vitamin supplements are widely consumed as nutritional supplements across the world as they are useful in the treatment of various diseases and support overall immunity. The manufacturers operating in the market have witnessed an increase in demand due to the COVID-19 pandemic.

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

Vitamin Supplements Market Report Highlights

  • On the basis of type, the multivitamin segment dominated the market in 2020 with a revenue share of over 40.0%. This is due to the high demand for a blend of vitamins for the overall improvement of health and wellness
  • In terms of form, gummies are expected to expand at the fastest CAGR of 7.0% from 2021 to 2028. It is a sweet jelly-like form, is easy-to-carry, and offers better taste, good mouth feel, and essential nutrients
  • Based on distribution channel, the online segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 as it provides ease of ordering the required supplements directly from the website, along with free shipping and home delivery services
  • North America dominated the market with a revenue share of over 30.0% in 2020. The increasing demand for functional food and health supplements among consumers is a major factor driving the market in the region
  • In 2020, Pharmavite, the U.S.-based dietary supplement manufacturer, launched personalized vitamin and supplement subscription service as an extensive brand of Nature Made. This service helps the company to improve its brand value and customer relations

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

Vitamin Supplements Market Segmentation

Grand View Research has segmented the global vitamin supplements market on the basis of type, form, distribution channel, and region:

Vitamin Supplements Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Multivitamin
  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin K

Vitamin Supplements Form Outlook (Revenue, USD Million, 2017 - 2028)

  • Powder
  • Tablets
  • Capsules
  • Softgels
  • Gummies
  • Others

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

  • Offline
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Others
  • Online

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

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

List of Key Players of Vitamin Supplements Market

  • Glanbia Plc
  • Pfizer Inc.
  • Bayer AG
  • Amway Corp.
  • GlaxoSmithKline plc.
  • Good Health New Zealand
  • The Nature's Bounty Co.
  • NOW Foods
  • Abbott
  • Herbalife Nutrition
  • Nature's Sunshine Products, Inc.
  • NU SKIN
  • RBK Nutraceuticals Pty Ltd.
  • American Health, Inc.
  • Pharmavite

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.

North America And EMEA Ferrosilicon Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 North America And EMEA Ferrosilicon Market Growth & Trends

The North America and EMEA ferrosilicon market size is expected to reach USD 3.81 billion by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 2.6% during the forecast period. Increasing demand for ferrosilicon as inoculant and deoxidizer in industries including steel and iron casting is anticipated to propel the market growth over the coming years.

Rising demand for electrical steel in the production of motors, transformers, and amplifiers owing to its properties that improve the electrical resistivity is the major factor fueling the market growth. Moreover, increasing demand from applications, such as electricity transmission and distribution, power generation, automobiles, renewable energy, industrial machines, and home appliances, is further expected to drive the market over the forecast period.

North America And EMEA Ferrosilicon Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 3.34 billion

Revenue forecast in 2028

USD 3.81 billion

Growth rate

CAGR of 2.6% from 2021 to 2028

Base year for estimation

2020

Historical data

2017 - 2019

Forecast period

2021 - 2028

The industry is facing strict government mandates and ups and downs in the raw material supply chain. These are some prime challenges that companies need to work upon. Manufacturers are investing in developing technologies to curb CO2 emissions and lower the energy consumption in the production of ferrosilicon by opting for biochar pellets and charcoal.

Established market players are opting for sustainable methods for manufacturing steel, which is one of the key applications of the market. For instance, in October 2020, ArcelorMittal Europe announced to produce green steel using COtechnology, which enables to offer green solutions to the consumers. The company’s target is to reduce carbon footprints by 30% by 2030.

Ferrosilicon acts as a manufacturing additive in the production of steel and its products. Many key players of the steel industry are investing in mergers & acquisitions for product advancement. For instance, in January 2021, United States Steel Corp. acquired Big River Steel for approximately USD 774 million on account of manufacturing sustainable and high-strength steel. The steelmakers have collaborated to produce low-cost mini-mill technologies and focus on product innovation.

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North America And EMEA Ferrosilicon Market Report Highlights

  • The stainless steel application segment led the market in 2020 due to the high consumption of stainless steel in the production of utensils and surgical instruments
  • Cast iron is expected to register a growth rate of 2.5%, in terms of revenue, from 2021 to 2028 owing to its growing deployment in various applications
  • Growing emphasis on creating differentiation in cookware products and the making of machines & automotive parts has led to the growth of the cast iron market
  • Europe dominated the market with more than 63% share of the total revenue in 2020. Growing business opportunities in the ferroalloys and steel industry coupled with rising emphasis on crude steel production in Europe is anticipated to drive the product demand over the forecast period
  • Middle East and Africa are expected to exhibit a CAGR of 2.3%, in terms of revenue, from 2021 to 2028. The demand for the machinery of the oil & gas industry is high in the region for carrying out exploration & production activities, which, in turn, is expected to drive the market

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-emea-ferrosilicon-market-analysis

North America And EMEA Ferrosilicon Market Segmentation

Grand View Research has segmented the North America and EMEA ferrosilicon market on the basis of application and region:

North America& EMEA Ferrosilicon Application Outlook (Volume Kilotons; Revenue, USD Million, 2017 - 2028)

  • Carbon & Alloy Steel
  • Stainless Steel
  • Electrical Steel
  • Cast Iron
  • Others

North America& EMEA Ferrosilicon Regional Outlook (Volume Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Russia
    • UK.
    • Germany
  • Middle East & Africa
    • GCC

List of Key Players of North America And EMEA Ferrosilicon Market

  • Eurasian Resources Group
  • Ferroglobe
  • Eti Elektrometalurji AS
  • Elkem ASA.
  • Iran Ferroalloys Co.
  • FINNFJORD AS
  • Eramet Norway
  • Thyssenkrupp Materials Trading GmbH
  • Huta Łaziska SA
  • EFACO

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.

Translucent Concrete Market To Benefit from Increased Global Uptake of 2021 By 2028

 Translucent Concrete Market Growth & Trends

The global translucent concrete market size is expected to reach USD 39.4 million by 2028, according to a new report by Grand View Research Inc. It is expected to expand at a CAGR of 47.6% from 2021 to 2028. The emerging trend of sustainable construction materials, along with the rising preference for energy-efficient state-of-the-art building structures in metropolitan cities, is expected to bolster the market growth over the forecast period.

Translucent concrete or light-emitting concrete allows enough light to pass through it, resulting in the reduction of power consumption, especially in commercial buildings, such as corporate offices, educational institutions, shopping malls, and various others. Hence, it is emerging as an eco-friendly and energy-efficient alternative to traditional concrete.

The product attains high strength due to the presence of a large amount of concrete in volume mixing it up with fine aggregates and optical fibers in a smaller volume. Even the smaller volume of fibers in the mixture is capable enough to transmit light from one end of the concrete block or slab to the surface. In addition, apart from its environmental and economic advantages, the product makes the surrounding more visually appealing and enhances the overall aesthetic value of the building structure.

The growing application of translucent concrete in residential buildings in the form of wall cladding, roofing, and flooring is steadily increasing the utilization of the product in economies, such as China, Germany, Saudi Arabia, and UAE. Shifting consumer preferences towards advanced interior designs such as facades, wall partitions, desks, and others having exceptional looks with energy-efficient qualities is further expected to increase the product demand in the future.

Prominent players in the market are focusing to improve the product in terms of cost as the presence of optical fibers makes the product expensive to be used in large projects. Several applications of translucent concrete include wall cladding, roofing, flooring, and others.

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Translucent Concrete Market Report Highlights

  • The concrete raw material segment is expected to expand at the fastest CAGR over the forecast period due to the high utilization of the same in terms of volume for maintaining the overall strength of the concrete material
  • In 2020, the wall cladding application segment dominated the market with a share of over 65.0% in terms of revenue and is likely to grow at a significant rate in the forecast period. Increasing demand for concrete material that can absorb maximum possible light during the daytime to emit in the interior parts of the building is the major driving factor
  • In North America, the wall cladding application segment held the largest revenue share in 2020 on account of the rising demand for green building construction materials
  • Asia Pacific is expected to expand at a significant rate in the forecast period on account of the increasing number of commercial and residential buildings in countries, such as China, Japan, and South Korea. Moreover, increasing population is likely to increase the material consumption in the residential application segment and thus is expected to influence the market growth
  • Prominent players in the market are focusing on low-cost manufacturing techniques for the production of translucent concrete to keep intact with the demand. Moreover, technical expertise, skilled labor, and research & development are being executed by the majority of the players, which is expected to influence the market growth on a positive note

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

Translucent Concrete Market Segmentation

Grand View Research has segmented the global translucent concrete market on the basis of raw material, application, end use, and region:

Translucent Concrete Raw Material Outlook (Revenue, USD Thousand, 2017 - 2028)

  • Concrete
  • Fibers

Translucent Concrete Application Outlook (Revenue, USD Thousand, 2017 - 2028)

  • Wall Cladding
  • Roofing
  • Flooring
  • Others

Translucent Concrete End-use Outlook (Revenue, USD Thousand, 2017 - 2028)

  • Residential
  • Non-residential

Translucent Concrete Regional Outlook (Revenue, USD Thousand, 2017 - 2028)

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

List of Key Players of Translucent Concrete Market

  • LUCEM GmbH
  • CRE Panel GmbH
  • LCT GesmbH
  • Fapinex LLC
  • Josef Loacker GmbH
  • Luccon Lichtbeton GmbH
  • Gravelli
  • LiTraCon Bt
  • Pan-United Corporation Ltd.
  • Beton Broz (DITON S.R.O)
  • Glass Block Technology Limited
  • Florack Bauunternehmung GmbH

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.

Tuesday, 22 August 2023

Subscription Billing Management Market Soaring Demand Assures Motivated Revenue Share By 2030

 Subscription Billing Management Market Growth & Trends

The global subscription billing management market size is expected to reach USD 17.95 billion by 2030, registering a CAGR of 16.1% during the forecast period, according to a new report by Grand View Research Inc. The growing adoption of the billing management and subscription models in utilities, media & entertainment, and the public sector will create more growth opportunities for the subscription billing management industry during the forecast period.

Service providers in these industries are focused on providing high-quality and better solutions to clients. Additionally, the desire to reduce operating expenses and the demand for cloud-based software would further broaden the scope of the market for subscription billing management.

Several subscription billing management service providers also provide periodic bill payments, which can be obtained by attaching the user's debit and credit cards or bank account. This ensures that greater importance is needed on adding a high level of security to each payment process to gain more trust from the customer and avoid financial ramifications in the event of hacking or fraud.

The subscription model is also gaining importance across the travel industry. Travel companies are shifting to this model to offer cheaper travel to frequent travelers and save their time at ticket counters. Major commercial airlines are making efforts to introduce subscription services to boost customer loyalty and retention. For instance, in October 2019, Delta airlines announced the launch of a paid membership option named SkyMiles Select for members of SkyMiles. SkyMiles Select is an annual membership worth USD 59, which provides travelers unlimited priority boarding, a special bag tag, and eight free onboard drinks every year.

The outbreak of the COVID-19 pandemic had a moderately positive impact on the demand for subscription billing management software. Companies worldwide are expected to adapt to new customer norms and new business models. They need to respond to long-term social changes, including how customers select products and channel preferences. Changes in customer behavior are expected to accelerate the need to integrate enhanced digital payment solutions into subscription billing management platforms.

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Subscription Billing Management Market Report Highlights

  • Subscription order management held the largest share in the software segment, as it helps companies in winning new customers by providing subscriptions containing the appropriate mix of products, recurring and one-time services, and third-party content
  • Professional services held the largest share in the services segment as they help businesses in installing the software, aligning the software with the existing systems, and operating the software efficiently
  • The cloud segment is expected to continue its dominance over the forecast period, as cloud deployment can potentially make the subscription management process more efficient
  • Various factors, such as the increasing adoption of cloud-based solutions across the U.S., have resulted in the increased automation of subscription methods in the North American regional market

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

Subscription Billing Management Market Segmentation

Grand View Research has segmented the global subscription billing management market based on software, services, deployment, enterprise size, end-use, and region:

Subscription Billing Management Software Outlook (Revenue, USD Million, 2017 - 2030)

  • Credit And Collection Management
  • Receivables Management
  • Quote And Pricing Management
  • Subscription Order Management
  • Dispute Management
  • Others

Subscription Billing Management Services Outlook (Revenue, USD Million, 2017 - 2030)

  • Professional Services
  • Managed Services

Subscription Billing Management Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • Cloud
  • On-premise

Subscription Billing Management Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprises
  • Small & Medium Enterprises

Subscription Billing Management End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
  • Retail & E-Commerce
  • IT & Telecom
  • Media & Entertainment
  • Healthcare
  • Others

Subscription Billing Management Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Subscription Billing Management Market

  • Aria Systems, Inc.
  • Oracle
  • BluSynergy
  • SAP SE
  • Conga
  • Recurly, Inc.
  • Gotransverse
  • cleverbridge
  • Zuora Inc.
  • LogiSense 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.

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