Insect Repellent Market Size, Share, Trends, Analysis And Growth Forecast To 2030: Grand View Research Inc.

 Insect Repellant Market Growth & Trends 

The global insect repellent market size is expected to reach USD 8.28 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% from 2023 to 2030. An increase in diseases such as malaria. dengue, chikungunya, and yellow fever are spreading across the globe especially in under-developed countries due to less sanitation awareness is expected to boost the growth of the insect repellent market.

The use of insect repellent is becoming more popular due to the spread of awareness among consumers as it is beneficial in preventing any diseases related to insects, rashes, and skin eruption. People practicing farming, mining, construction, and other field-related work are more prone to insects which in turn has resulted to rise in the consumption of the product. Additionally, more people are using insect repellent as a result of manufacturers' increased production of goods in consumer-friendly pricing ranges.

In terms of insect type, mosquito repellent is projected to have the largest market share in 2022 owing to the growing awareness of mosquito-causing diseases leading to fatality. To prevent mosquito-related diseases people use different forms of mosquito repellent like liquidators, lotion, and cream. Use of mosquito repellent wipes is posing an alternative yet not frequently used option. The wipes provide protection, are convenient to carry, and user- friendly.

Asia Pacific held the largest market share in 2022, owing to the rise in awareness regarding the spread of diseases due to lack of sanitation. The awareness regarding the benefits of using insect repellents among consumers is also on the rise, especially in countries such as India, China, Indonesia, and the Philippines owing to the increase in population.

Customers have become more aware of the natural components in insect repellents. The low-viscosity silicone oil produced by the Tokyo-based chemical and cosmetics company Kao Corporation deters mosquitoes from landing on the skin and has the potential to be used as an insect repellent. Companies in the insect repellent industry are drawing inspiration from these businesses in order to promote R&D in innovative mosquito repellent technology that uses a hydrophobic oil surface that mosquitoes often find repulsive, preventing them from remaining long enough to feed. 

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Insect Repellent Market Report Highlights

• Insect repellent is expected to witness substantial growth over the forecast period with a CAGR of 10.5% from 2023 to 2030. Due to an increase in the household or commercial waste, consumers' awareness of insect-borne diseases is expected to increase over the projection period
• In terms of revenue, mosquito repellents dominated the market with a share of around 51.99% in 2022 . By reducing mosquito bite exposure, mosquito repellents reduce the chance of developing vector-borne illnesses like malaria. Millions of cases are being reported each year despite the fact that it is treatable
• Spray segment is estimated to grow with fastest CAGR of 7.5% from 2023 to 2030. Sprays that repel insects have a pleasant odor that reduces stress and soothes the body. Therefore, the advantages of insect repellents go beyond just keeping insects at bay
• Asia Pacific dominated the insect repellent market with a share of 40.65% in 2022. The growth in the region is majorly attributed to increase in consumers changing lifestyle as people have started to focus more on their health and sanitation since the COVID-19 pandemic

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Insect Repellant Market Segmentation

Grand View Research has segmented the global insect repellent market based on insect type, product type, and region: 

Insect Repellent Insect Type Outlook (USD Million; 2017 - 2030)

• Mosquito Repellent
• Bugs Repellent
• Fly Repellent
• Others

Insect Repellent Product Type Outlook (USD Million; 2017 - 2030)

• Vaporizer
• Spray
• Cream
• Others

Insect Repellent Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in Insect Repellent Market

• Reckitt Benckiser Group
• The Godrej Company
• Dabur International
• Coghlans Ltd.
• C Jhonson & Son.
• Johnson and Johnson
• Spectrum Brands
• Sawyer Products, Inc.
• Himalaya Herbals
• Jyothy Labs

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.

Comic Book Market Size Projected to Rise Lucratively during 2022 to 2030: Grand View Research Inc.

 Comic Book Market Growth & Trends

The global comic book market is expected to reach USD 17.52 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.5% from 2022 to 2030. Comic book have persisted through decades of change in mediums of entertainment. Kids around the world have grown up reading comics like Tintin, Asterix, Spiderman, and Teen Titans, is accelerating the market growth. Moreover, considering the massive fan base of giants like Marvel Comics and DC Comics, it is safe to say that most people have grown up reading comics at one point or another.

The rising popularity of comic events across the globe is propelling the market growth. Over the years, the convention has hosted an incredible variety of comic book and book publishers. Comic-Con International has continuously introduced various artists and their work to a wider public for more than 45-year. The popularity of comic cons has accelerated the sales of comic book and graphic novels, and the trend is anticipated to continue in the coming years.

The digital segment is projected to expand at the fastest CAGR over the forecast period. This growth is expected to accelerate due to one of the interesting benefits of e-books is that they are environmentally friendly. These book are written and published without the power consumed by printing presses, and are delivered without fueled transport services. Moreover, these are created paper, adhesive, and ink-free is expected to propel the market growth over the forecast period.

The manga segment is projected to grow with fastest CAGR over the forecast period. The growing number of younger readers discovering manga through watching anime on streaming channels such as Netflix or Crunchyroll is accelerating the market growth. According to Viz Media, an American manga publisher, anime distributor, and entertainment company, manga sales grew by about 43% in 2020. When compared to the same period in 2020,

Asia Pacific held the largest market share in 2021. The growing acceptance of comics among people has been significantly influenced by the growth in popularity of comic events like Comic-Con. As more movies and animated series are produced, the popularity of superhero comic brands is steadily growing, which is expected to support the Comic Book market expansion in this region over the forecast period.

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 January 2021, Dark Horse Media, the parent company of Dark Horse Comics, was purchased by Swedish gaming company Embracer Group, which was completed in March 2022. This acquisition strengthens its transmedia capabilities by adding expertise in content development, comics publishing, and film & TV production.

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Comic Book Market Report Highlights

• Non-Digital was valued at USD 5.27 billion in 2021 and is expected to reach USD 11.77 billion by 2030. printed book offered a more unique and fulfilling reading experience than e-books to the consumers, this is favoring the growth of the market
• Audiobooks segment is expected to witness substantial growth over the forecast period with a CAGR of 13.1% from 2022 to 2030. The growing popularity of audiobooks coincides with the rise of podcasts and shows an increasing thirst for audio content, are the key factors driving the growth of audiobooks segment
• North American region was valued a USD 1.19 billion in 2021 and is expected to register a CAGR of 9.8% over the forecast period. The growth in the region is majorly attributed to the rising popularity and acceptance of comic book by U.S. readers

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Comic Book Market Segmentation

Grand View Research has segmented the global comic book market based on type, format, genre, and region:

Comic Book Type Outlook (USD Million; 2017 - 2030)

• Digital
• Non-Digital

Comic Book Format Outlook (USD Million; 2017 - 2030)

• Hard Copy
• E-Books
• Audiobooks

Comic Book Genre Outlook (USD Million; 2017 - 2030)

• Science-Fiction
• Manga
• Superhero
• Non-fiction
• Others

Comic Book Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in Comic Book Market

• Marvel Comics
• DC Comics, Inc.
• Image Comics
• IDW Publishing
• Dark Horse Comics
• Shogakukan
• Hakusensha
• Shueisha Inc.
• Tokyopop
• Panini

About Grand View Research

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

Coffee Roaster Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 

Coffee Roaster Market Growth & Trends 

The global coffee roaster market size is expected to reach USD 2.13 billion in 2030, expanding at a CAGR of 6.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. One of the major factors significantly driving the market for coffee roasters is the growing inclination and increasing demand for the consumption of coffee across the world. Moreover, an increase in the shift in consumer preference towards the consumption of fresh coffee in developing countries is further contributing to the growth of the industry. 

The growth of the market is likely to be fueled by the increasing number of visits to coffee shops by consumers from all age groups along with the growing number of coffee shop chains. In addition, an increase in the number of launches of innovative and new products in line with prevailing consumer demand by various players operating in the market is further boosting the market growth. However, the heat produced by coffee roasters limits their adoption which is a key challenge for the industry growth. 

The hot air segment dominated the market and is estimated to remain the leading segment over the forecast period. The larger share of the segment is attributed to the high usage of hot air coffee roasters as they evenly roast the coffee beans without producing any smoke. Furthermore, hot-air coffee roasters come with a diverse range of features that enable efficient roasting of coffee thus driving the segment growth. 

Industrial roasters dominate the market for coffee roasters. Industrial-scale roasters are used by large coffee production facilities, including major coffee brands and commercial suppliers. They are designed to handle massive volumes of coffee beans efficiently and consistently.

Industrial roasters often feature advanced technologies like precise temperature control, programmable roast profiles, and sophisticated data analysis systems. These roasters have custom-built configurations to fit specific production needs, enabling high-speed and high-volume processing, while maintaining quality. 

North America accounted for the largest share of the market in 2022 and is anticipated to expand at a significant CAGR over the forecast period. High consumption of coffee by consumers in the region is a primary factor contributing to the larger share of the segment. Moreover, the presence of various popular roastery services and coffeehouses providing coffee as per consumer demand is further surging the market growth in the region. 

Major players in the coffee roaster industry are Nestlé; Bühler Group; PROBAT AG; Scolari Engineering S.p.A.; Genio Roasters; Cia. Lilla de Máquinas Ind. e Com; COFFEE HOLDING; Diedrich Manufacturing Inc.; Giesen Coffee Roasters B.V.; and Toper. Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market. 

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Coffee Roaster Market Report Highlights

• Asia Pacific is expected to grow with the fastest CAGR over the forecast period from 2023 to 2030. The growing coffee consumption by consumers in the region is expected to boost the growth of the coffee roaster market in the region
• Half the hot air segment is estimated to grow at the highest CAGR over the forecast period. Increasing the application of half-hot-air coffee roasters for commercial as well as residential purposes is the primary factor fueling the segment’s growth
• The small batch size segment is anticipated to witness the fastest growth rate during the forecast period. These have features like advanced temperature control systems, allowing users to monitor and adjust the roast profile carefully contributing to the growth of this batch size
• The commercial segment is forecast to grow with a faster CAGR over the forecast period from 2023 to 2030. The growing number of coffee shops and café is anticipated to contribute to the growth of the segment

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Coffee Roaster Market Segmentation

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

Coffee Roaster Type Outlook (Revenue, USD Million, 2017 - 2030)

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

Coffee Roaster Batch Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small (100 grams to 1 kg)
• Medium (2 kg to 5 kg)
• Large (10 kg to 30 kg)
• Industrial (More than 50 kg) 

Coffee Roaster Application Outlook (Revenue, USD Million, 2017 - 2030)

• Industrial
• Commercial
• Residential

Coffee Roaster Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Coffee Roaster Market

• Nestlé
• Bühler Group
• PROBAT AG
• Scolari Engineering S.p.A.
• Genio Roasters
• Lilla de Máquinas Ind. e Com
• COFFEE HOLDING
• Diedrich Manufacturing Inc.
• Giesen Coffee Roasters B.V.
• Toper

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.

Polybutylene Succinate Market Expected to Receive Greater Traction As Manufacturers’ Contribution Swells

 Polybutylene Succinate Market Growth & Trends

The global polybutylene succinate market size is expected to reach USD 1.39 billion by 2030, as per the new report by Grand View Research, Inc. The Polybutylene Succinate (PBS) market is anticipated to expand at a CAGR of 19.7% from 2022 to 2030. The growth is majorly driven by the rising demand for biodegradable polymers throughout the world. Increasing demand for the product in the production of electrical and electronic components is anticipated to fuel market growth in the coming years.

The packaging application emerged as a dominant segment on the account of the growing utilization of the product in the food & beverage and pharmaceutical industries. Technological advancements and continuous R&D in the field of packaging for PBS are benefiting its demand. Furthermore, the growing demand for smart packaging and bio-based products among consumers across regions is expected to boost industry growth.

Asia Pacific is the dominant region in the polybutylene succinate market on the account of the strong presence of key product manufacturers across the region especially in China, India, and Japan. China is among the prominent producer and consumers of interior automotive products. PBS is used in combination with natural fibers in the manufacturing process of automotive parts. Moreover, a shift in the preference from conventional petroleum-based polymers to bio-based polymers is likely to positively impact the industry growth during the forecast period.

The market is a niche and has the presence of very few players. Key strategies adopted by the manufacturers include technological advancements, mergers, acquisitions, and extensive R&D to gain a competitive edge in the market space. A majority of the companies have an integrated value chain to incur maximum profit at a minimum investment. Manufacturers are also focusing on capacity expansions, signing partnership agreements with distributors, and various other operational strategies for the expansion of consumer reach.

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Polybutylene Succinate Market Report Highlights

• Bio-based type is the fastest growing segment with a CAGR of 24.2% based on the changing consumer preference for bio-based polymers across different end-use industries
• Mulch film application is the fastest growing segment with a CAGR of 20.9% owing to the growing penetration of films in the agricultural industry for the improvement of agricultural yield and help in lowering soil pollution and climate change
• Europe is the fastest-growing region with a CAGR of 20.7% because of the growing demand from the automotive industry for the production of automotive interior products. The strong presence of automotive manufacturers such as Volkswagen, BMW, Robert Bosch, Renault, and Volvo across the region benefits the industry growth
• Due to the coronavirus (COVID-19) outbreak, most countries across the world witnessed a disruption in the operations of numerous end-use industries including agriculture and packaging which hampered the market growth
• The global manufacturers of polybutylene succinate such as PTT MCC Biochem Co., Ltd., Anhui Sealong Biotechnology Co., Ltd., and Shandong LanDian Biological Technology Co., LTD. are investing heavily in R&D activities for the production of technologically advanced products

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Polybutylene Succinate Market Segmentation

Grand View Research has segmented the global Polybutylene Succinate (PBS) market based on type, application, and region:

Polybutylene Succinate Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Bio-based
• Petro-based

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

• Mulch Films
• Packaging
• Tissue Engineering
• Others

Polybutylene Succinate 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
  • Thailand
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players in the Polybutylene Succinate Market

• PTT MCC Biochem Co., Ltd.
• Anhui Sealong Biotechnology Co., Ltd.
• Vizag Chemicals
• Shandong Fuwin New Material Co., Ltd.
• Shandong LanDian Biological Technology Co., LTD.
• Xinjiang Blue Ridge Tunhe Sci.&Tech. Co., Ltd.
• Shangdong Life Chemical 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.

U.S. Revenue Cycle Management For Oncology And Urology Market Expected to Deliver Dynamic Progression By 2030

 U.S. Revenue Cycle Management For Oncology And Urology Market Growth & Trends

The U.S. revenue cycle management for oncology and urology market is expected to reach USD 22.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.7% from 2023 to 2030. The market growth can be attributed to the rising adoption of applications that would help in streamlining revenue cycles for various healthcare institutions and technological advancements undertaken by the key players in the market.

Developers and vendors of RCM platforms & solutions are supporting healthcare facilities in accommodating and getting themselves accustomed to the transitions associated with ICD-10. RCM providers are focusing on increasing staff resources & providing adequate training sources and improving customer engagement. For instance, in January 2020, OnQ launched Robotic Process Automation (RPA). The company’s accessible RPA solutions considerably helped in enhancing service quality, improving efficiencies, and shortening medical billing procedures.

According to The State of RPA in the Revenue Cycle survey conducted in 2021, 51% of the healthcare systems in the U.S. are widely adopting Robotic Process Automation (RPA) in improving their RCM platforms. RPA and automation allow to streamline and simplify various aspects of the RCM solution that is repetitive, manual, or rule-based. The survey further states that midsized and large-sized hospitals are using automation across all functions of their RCM platform. The top five RCM processes wherein automation is widely being used are Eligibility (59%), Authorization (57%), Claims/Follow-up (43%), Charge Capture (39%), and Payments/Collections (39%).

Increasing adoption of RCM outsourcing in the U.S. is expected to positively impact the growth of the market during the forecast period. The changing aspects of RCM outsourcing are mainly due to the availability of finances, value addition, and business prospects. Moreover, due to awareness regarding cost savings with respect to the adoption of RCM solutions, efficient and cost-effective services are some of the major advantages of RCM outsourcing. Despite this, the shortage of skilled professionals required for managing the revenue cycle management software is expected to restrain the growth of the market over the forecast period.

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U.S. Revenue Cycle Management For Oncology And Urology Market Report Highlights

• In 2022, in house segment held the largest share of 72.9%. Higher adoption of in-house RCM software due to flexibility in the functioning of the software is one of the significant factors contributing to segmental growth.
• In 2022, the hospital segment held the largest share of 58.6% due to the rising adoption of RCM solutions to manage the financial aspects of the hospitals. 
• The key players in the market have been involved in mergers and acquisitions to increase their share in the market and provide innovative solutions to the end-users which is anticipated to boost the market growth during the forecast period.

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U.S. Revenue Cycle Management For Oncology And Urology Market Segmentation

Grand View Research, Inc. has segmented the U.S. revenue cycle management for oncology and urology market report based on sourcing and end-use.

U.S. Revenue Cycle Management For Oncology & Urology Sourcing Outlook (Revenue, USD Billion, 2016 - 2030)

• In-house
• External RCM Apps/ Software
• Outsourced RCM Services

U.S. Revenue Cycle Management For Oncology & Urology End-use Outlook (Revenue, USD Billion, 2016 - 2030)

• Physicians & Clinical Services
• Hospitals

List of key players in U.S. revenue cycle management for oncology and urology market

• United Urology Group
• Cardinal Health
• Flatiron
• com
• Fedora Solutions
• BillingParadise
• Gentem
• Integra Connect, LLC
• R1 RCM 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.

Wearable Technology Market to Reflect Robust Expansion During the Forecast Period: Grand View Research Inc.

 

Wearable Technology Market Growth & Trends

The global wearable technology market size is expected to reach USD 186.14 billion by 2030, expanding at a CAGR of 14.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Due to its numerous functions in the healthcare, consumer electronics, and industrial sector wearable technology is becoming more and more popular among consumers. The rapid advancement of technologies, including GPS and RFID for location monitoring and health tracking, is predicted to boost industry growth during the forecast years. Consumers are becoming more aware of wearable technology as a result of its many uses in fields like consumer electronics, healthcare, and e-commerce. The industry is expected to gain traction as a result of the quick development of technologies like Radio Frequency Identification (RFID) and GPS for position monitoring and health tracking.

Users can answer calls and check messages on wearable gadgets without having to take out their phones. In addition, factors that are expected to attract customers and increase the demand for smart wearables include in-store merchandising and the simplicity of making payments using wearables. An increase in public awareness about health and fitness also supports the industry's expansion. Moreover, many firms are focusing on launching new smartwatches with innovative capabilities that assist users to manage their health and exchanging data with doctors in real-time. This would positively impact the industry's growth. For instance, in May 2022, Huawei Technologies Group Co. Ltd. unveiled Watch GT 3 Pro, a wearable device with a heart rate monitor, GPS, and a health monitoring system integrated with it. This launch is anticipated to boost the company’s market position and enable it to attract new clients.

Rising health concerns due to COVID-19 are anticipated to spur the demand for smartwatches as these devices have features like pulse oximeters, heart rate & skin temperature monitors, and others that can assist users to identify coronavirus symptoms. Studies from medical and academic institutions, including Mount Sinai Health System in New York and Stanford University in California, have shown that smartwatches by companies like Garmin Ltd., Fitbit, and Apple Inc. can identify COVID-19 infection even before symptoms appear. The majority of wearable technology devices store data about a person’s health, lifestyle, and daily activities on a connectivity carrier’s network or that of a third-party vendor, opening the door for security breaches, which is a significant issue that may restrain the growth of the overall market.

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Wearable Technology Market Report Highlights

• The eyewear & headwear segment is anticipated to register the second-fastest growth rate. The segment’s expansion is aided by the rising use of smart headwear and VR/AR headsets in the entertainment and healthcare sectors
• Increased attention on fitness and health due to the pandemic and easy access to technology are driving the North America regional market
• Consumers who purchase smart wearables, such as smart apparel, smart footwear and smartwatches do so primarily to use the products to track their health and fitness. By 2020, the WHO predicted that the incidence of chronic diseases would increase by 73%
• In 2022, the consumer electronics sector led the industry. Consumer electronics have a wide range of uses, such as for communication and entertainment. Devices that track a person’s working hours are being developed by industry participants due to high demand. In addition, the growth of connected devices and machine-to-machine communication is expected to support the market growth
• Several businesses are concentrating on releasing the newest wearable technology goods, including smart glass, smart helmets, smart rings, and more. In addition, they are undertaking activities, such as mergers and acquisitions

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Wearable Technology Market Segmentation

Grand View Research has segmented the global wearable technology market based on product, application, and region:

Wearable Technology Product Outlook (Revenue, USD Million, 2018 - 2030)

• Wrist-Wear
• Eyewear & Headwear
• Footwear
• Neckwear
• Body-wear
• Others

Wearable Technology Application Outlook (Revenue, USD Million, 2018 - 2030)

• Consumer Electronics
• Healthcare
• Enterprise & Industrial Applications
• Others

Wearable Technology Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Wearable Technology Market

• Alphabet, Inc.
• Samsung Electronics Co., Ltd.
• Sony Corp.
• Huawei Technologies Group Co., Ltd.
• Apple, Inc.
• Xiaomi Corp.
• Adidas AG
• Nike, Inc.
• Fitbit, Inc.
• Garmin 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.

Furniture Market is Expected to Enhance $1,070.87 Billion Revenue By 2030

 

Furniture Market Growth & Trends

The global furniture market size is expected to reach USD 1,070.87 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.9% from 2023 to 2030. The rising demand for branded home furniture coupled with rising consumer spending capacity on home décor products is driving the furniture industry. Additionally, government supported initiative to provide housing for all is also expected to positively impact the growth.

Furniture is a movable product intended to support various activities performed by humans such as seating, sleeping, and eating, among others. It has now become a vital part of human life since non-nomadic culture. Nowadays, it can also be designed and used as a decorative object. Furthermore, the purchase and consumption of furniture have become easier due to the availability of online platforms. For instance, Pepper-fry, Fab-Furnish, and Urban-Ladder are some of the online furniture-buying platforms popular in India.

In terms of value, the wood material segment dominated the industry and is expected to account for the largest market share over the forecast period. This growth is expected to accelerate due to long-lasting and robust material, offering longevity to the furniture wood is highly preferred by consumers. Moreover, Wood is available in various colors and enhances the aesthetic appeal of the interiors; furthermore, it is usable in any setting owing to its design versatility.

The residential segment accounted for the largest market share owing to an increase in the number of home remodeling projects likely favoring the adoption of wooded furniture at home. Moreover, increase in the number of consumers becoming conscious of the environment and sustainability, a shift toward eco-friendly materials is being witnessed; the same has been reflected in home remodeling and renovation activities, and is expected to propel the market growth.

Asia Pacific held the largest market share in 2021, owing to the increasing real estate sector in developing countries, such as China and India, which upsurges the consumers’ need to invest in furnishing activities and add an aesthetic look to the bedroom environment as a cause of remodeling. Furthermore, a rising share of millennials in the market is bound to invest in various modern bedroom furniture products owing to customization and space-saving features are anticipated to accelerate the industry growth over the forecast period.

Companies in the market are focusing on strategies such as mergers and acquisitions to gain market share and increase their service footprint. In May 2022, Steelcase Inc. announced that the company has signed a definitive agreement to acquire HALCON, a Minnesota-based designer and manufacturer of precision-tailored wood furniture for the workplace. This acquisition enabled the company to increase and broaden its current portfolio, offering uncompromising design and master craftsmanship to A+D professionals and customers.

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Furniture Market Report Highlights

• The beds segment was valued at USD 168.76 billion in 2022 and is expected to reach USD 257.74 billion by 2030. The rising attention towards gaining trending bedroom styles has influenced major bedroom renovation projects, this is favoring the growth
• The commercial application segment is expected to witness a substantial CAGR of 6.2% from 2023 to 2030. Increasing demand for office space and expanding the hospitality sector across the globe, are the key factors driving the segment’s growth
• Europe was valued at USD 174.93 billion in 2022 and is expected to register a CAGR of over 5.7% over the forecast period. The growth is majorly attributed to the rising tourism industry is driving the growth of the hospitality sector, which is eventually creating demand for luxury furniture

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Furniture Market Segmentation

Grand View Research has segmented the global furniture market based on product, material, application, and region:

Furniture Product Outlook (USD Million; 2017 - 2030)

• Beds
• Tables & Desks
• Sofa & Couch
• Chairs & Stools
• Cabinets & Shelves
• Others

Furniture Material Outlook (USD Million; 2017 - 2030)

• Metal
• Wood
• Plastic
• Glass
• Others

Furniture Application Outlook (USD Million; 2017 - 2030)

• Residential
• Commercial

Furniture Regional Outlook (Revenue, USD Million; 2017 - 2030)

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

List of Key Players in the Furniture Market

• IKEA
• Ashley Furniture Industries Inc.
• RH (Restoration Hardware)
• Williams-Sonoma, Inc.
• La-Z-Boy Inc.
• Raymour & Flanigan
• American Signature
• Oppein Home Group Inc.
• Jason Furniture (HangZhou) Co., Ltd
• Steelcase 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.

Molecular Biology Enzymes, Reagents, And Kits Market Projected To Be Worth USD 44.67 Billion By 2030: Grand View Research Inc.

 Molecular Biology Enzymes, Reagents, and Kits Market Growth & Trends

The global molecular biology enzymes, reagents, and kits market size is expected to reach USD 44.67 billion by 2030, registering a CAGR of 9.65%, according to a new report by Grand View Research, Inc The growth of the market globally can be attributed to continuous advancement in technologies in the molecular biology field, the prevalence of infectious and chronic diseases, increased usage of sequencing technologies and growing omics-based research activities.

The COVID-19 pandemic exponentially increased the demand for molecular biology enzymes, reagents, and kits, and the continuous rise in cases worldwide kept the demand on the higher side. Many market players, healthcare organizations, and academic and research institutes were actively engaged in the development of vaccines and they increased the research for repurposing the existing therapeutics for the treatment of COVID-19 infection. This continuous R&D activity is expected to boost the demand for these products in the coming years. Moreover, in an effort to detect the SARS-CoV-2 virus faster, many new products were launched by the key market players, such as RNA extraction kits. For example, in June 2020, Omega Bio-tek, Inc. announced the launch of its “Mag-Bind Viral RNA Xpress Kit” for RNA isolation in a reliable and rapid manner from the nasopharyngeal swab of patient samples.

Continuous funding and investments in the field of synthetic biology and multi-omics are expanding the field of biotechnology. As per a press release in March 2022, The Bristol Centre for Engineering Biology, BrisEngBio, is an institute that supports research and discovery in synthetic biology. It is a UKRI-funded research center that has published over 325 research papers, collaborated with 8 biotech companies, and received an additional USD 117.90 million for research. This rapidly advancing field of synthetic biology and multi-omics will result in more extensive adoption of molecular biology, enzymes, kits, and reagent products, which serve as educational tools. And this adoption rate further enhances the development of innovative methods such as drug discovery, diagnostics development, and gene therapies manufacturing, hence driving the market significantly.

The key market players are expanding their global presence through never-ceasing product launches and sustained technological developments. Acquisitions, partnerships, collaborations, and manufacturing expansions are also some of the business strategies taken up by the key players to drive revenue generation in the market. For example, in January 2022, Illumina, Inc. announced a partnership with SomaLogic to develop a product by integrating Illumina’s NGS technology with SomaScan Proteomics Assay. This partnership bolsters the rapidly growing high-throughput segment of the proteomics market.

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Molecular Biology Enzymes, Reagents, and Kits Market Report Highlights

• By product, the kits and reagents held the largest share in 2022. The launch of new kits and reagents in response to the pandemic is one of the key reasons fueling the growth. Moreover, the repeated use of molecular biology kits and reagents in laboratory setups contributes to the growth
• By application, sequencing accounted for the largest share in 2022 due to the introduction of single-cell sequencing and the leading presence of NGS. Use of NGS for analysis of genomics, tumor diagnostics, and biomarker discovery fuels the segment growth
• By end-use, the pharma and biotech segment held the largest share in 2022. The presence of drug development pipelines, clinical trials, and continuous R&D activities require huge usage of molecular biology enzymes, kits, and reagents, thus leading to the segment growth
• North America held the largest revenue share in 2022. This is attributed to the presence of numerous key pharmaceutical and biotechnology companies in the U.S. Furthermore, the prevalence of diseases in this region and increased use of molecular diagnostics contribute to revenue generation

Access Press Release@ https://www.grandviewresearch.com/press-release/global-molecular-biology-enzymes-kits-reagents-market

Molecular Biology Enzymes, Reagents, and Kits Market Segmentation

Grand View Research has segmented the global molecular biology enzymes, reagents, and kits market based on product, application, end-use, and region:

Molecular Biology Enzymes, Reagents, and Kits Product Outlook (Revenue, USD Million, 2018 - 2030)

• Kits & Reagents
• Enzymes

Molecular Biology Enzymes, Reagents, and Kits Application Outlook (Revenue, USD Million, 2018 - 2030)

• Cloning
• Sequencing
• PCR
• Epigenetics
• Restriction Digestion
• Other Applications

Molecular Biology Enzymes, Reagents, and Kits End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharma & Biotech
• Academic & Research
• Hospital & Diagnostics
• Others

Molecular Biology Enzymes, Reagents, and Kits Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Molecular Biology Enzymes, Reagents, and Kits Market

• Thermo Fisher Scientific, Inc.
• Illumina, Inc.
• Agilent Technologies, Inc.
• QIAGEN
• Promega Corporation
• New England Biolabs
• Merck KGaA
• Hoffmann-La Roche Ltd.
• Bio-Rad Laboratories, Inc.
• Takara Bio, Inc.
• LGC Limited

About Grand View Research

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

Shrimp Market Expected to Succeed in CAGR of 5.3% by 2030

 Shrimp Market Growth & Trends

The global shrimp market size was estimated to reach USD 85.99 billion in 2030 and is expected to expand at a CAGR of 5.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Shrimps are widely available in food stores and it provides various nutrients such as high in protein, selenium, and phosphorus. Due to this, shrimp is a delicacy for consumers all across the globe, thus driving the market growth. However, shrimp tends to lose its natural taste and texture due to the preservation process which remains a concern among consumers, remaining an obstacle to its growth.

The growth of the global shrimp industry continues to bank on the growing demand for shrimp with increased production. Shrimp is widely used in a diverse range of cuisines which is anticipated to surge the market growth. Furthermore, the increasing use of shrimp in diverse industries including cosmetics and healthcare also fuels the market growth over the forecast period.

The L. vannamei segment dominated the industry. It is estimated to remain dominant over the forecast period. The high demand for L. vannamei due to its high-quality meat, taste, and relatively low price is expected to drive robust growth. With growing demand, the production of L. vannamei, continues to grow, despite challenges on the supply side, which is also a promising factor surging the segment growth.

The B2B segment dominated the market by holding a major share in 2021. Shrimp is highly used in numerous industries for diverse applications. These industries include cosmetics, healthcare, pharmacy, and hospitality industries such as hotels, restaurants, and others. Thus high usage of shrimp in these industries contributes to the notable share of the segment in the global market.

Asia Pacific accounted for the largest share of the market in 2021. It is estimated to expand at a significant CAGR over the forecast period. High imports of shrimp in the region to fulfill consumer demand is a key factor contributing to the regional growth. Moreover, being one of the top importers, exporters, and producers of shrimp across the globe is another primary factor further boosting the market in the region.

Major players in the market are Thai Union Group PCL; Clearwater Seafoods; Avanti Feeds Limited; High Liner Foods; Surapon Foods Public Company Limited; Mazzetta Company, LLC; Aqua Star; Nordic Seafood A/S; The Waterbase Limited; and Wild Oceans. Various strategic initiatives are undertaken by these companies to expand their global footprint. These initiatives include expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain a larger share of the market.

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Shrimp Market Report Highlights

• Middle East & Africa is expected to grow at the fastest CAGR over the forecast period from 2022 to 2030. The growing demand for seafood including shrimp among the consumers is expected to boost the regional growth
• Breaded segment is estimated to grow at the highest CAGR over the forecast period. Increasing popularity of breaded shrimps as a snacking option is a primary factor fueling the segment growth
• The B2C segment is forecast to grow with a faster CAGR over the forecast period from 2022 to 2030. The growing use of online distribution channels due to their ease of use and convenience is anticipated to contribute to the growth of the segment

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

Shrimp Market Segmentation

Grand View Research has segmented has segmented the global shrimp market on the basis of species, source, form, distribution channel, and region:

Shrimp Species Outlook (Revenue, USD Million, 2017 - 2030)

• vannamei
• Trachipenaeus curvirostris
• Pleoticus muelleri
• monodon
• Acetes japonicus
• Pandalus borealis
• chinensis
• Others

Shrimp Source Outlook (Revenue, USD Million, 2017 - 2030)

• Wild
• Aquaculture

Shrimp Form Outlook (Revenue, USD Million, 2017 - 2030)

• Green/ Head-off
• Green/ Head-on
• Peeled
• Cooked
• Breaded
• Others

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

• B2B
• B2C
  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

Shrimp Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Shrimp Market

• Thai Union Group PCL
• Clearwater Seafoods
• Avanti Feeds Limited
• High Liner Foods
• Surapon Foods Public Company Limited
• Mazzetta Company, LLC
• Aqua Star
• Nordic Seafood A/S
• The Waterbase Limited
• Wild Oceans

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.

Plant Based Protein Supplements Market Report | Business Growth 2030

 Plant Based Protein Supplements Market Growth & Trends

The global plant based protein supplements market size is expected to reach USD 4.62 billion by 2030, registering a CAGR of 8.8% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to grow significantly over the forecast period on account of the increasing popularity of adopting veganism and consumers’ perception regarding plant-based supplemental products being safer than animal-based products

The increase in consumer awareness of the advantages of plant-based foods for humans as well as the environment, their higher levels of amino acids, and lower levels of sodium are key factors contributing to the market growth. Customers' preferences for consuming plant-based protein supplements are impacted by things like limiting meat consumption due to food allergies, moral considerations, food safety, and the adoption of the vegan culture to stop animal cruelty.

Soy protein in raw material segment dominated the market in 2021 owing to its properties such as cost effectiveness as well as higher nutritional value as compared to other sources. Over the forecast period, pea protein is anticipated to grow significantly. The growth is attributed to rising customer preference for gluten-free, allergen-free, and lactose-free ingredients in supplements as well as the availability of essential amino acids in peas. Owing to the growing demand for convenient protein supplements, the consumption of plant based protein in RTD form is expected to grow with a CAGR of 9.6% during the forecast period.

Sports nutrition in the application segment dominated the market in 2021 as a result of the rising demand for plant based protein supplements to increase performance and stamina, as well as to aid in weight management and the development of lean muscle. Additionally, an increase in the number of gym and fitness enthusiasts in many countries around the globe is anticipated to drive market demand during the forecast period.

Asia Pacific is expected to witness the fastest compound annual growth rate from 2022 to 2030. The primary drivers of the regional market growth are rising healthcare spending, growing consumer awareness of the advantages of dietary supplements, efforts by producers to provide personalized nutrition, rising prevalence of fitness and sports activities, a growing number of fitness centers & gyms in the region, and an increase in the number of households with high disposable income.

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Plant Based Protein Supplements Market Report Highlights

• Soy dominated the market in terms of raw materials in 2021. This was due to the material's low cost for manufacturers of protein supplements and high consumer awareness of the fact that soy contains all nine essential amino acids
• Protein powder dominated the market in 2021 in product segment. High adoption due to ease in handling and shipping, cost-effectiveness, and ability to maintain ingredient stability through formulation are some of factors boosting the segment's expansion
• The online stores dominated the market in 2021 owing to the easy access to a diverse range of brands, rising internet penetration in developing countries, and the ease of shopping online
• Asia Pacific is expected to register the fastest CAGR of 9.6% from 2022-2030 owing to increasing spending capacity among consumers, rising sports and fitness activities in the region, and growing awareness regarding consumption of a healthy diet among consumers
• Major companies in the market are like MusclePharm Corporation and Glanbia plc are investing in the research & development for making innovative products to attract health-conscious consumers

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

Plant Based Protein Supplements Market Segmentation

Grand View Research has segmented the global plant based protein supplements market based on raw material, product, distribution channel, application, and region:

Plant Based Protein Supplements Raw Material Outlook (Revenue, USD Million, 2017 - 2030)

• Soy
• Spirulina
• Pumkin Seed
• Wheat
• Hemp
• Rice
• Pea
• Others

Plant Based Protein Supplements Product Outlook (Revenue, USD Million, 2017 - 2030)

• Protein Powder
• Protein Bars
• Ready-to-Drink
• Others

Plant Based Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Supermarkets
• Online Stores
• DTC
• Others

Plant Based Protein Supplements Application Outlook (Revenue, USD Million, 2017 - 2030)

• Sports Nutrition
• Functional Foods

Plant Based Protein Supplements Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Plant Based Protein Supplements Market

• Glanbia plc
• AMCO Proteins
• Quest Nutrition
• NOW Foods
• The Bountiful Company
• MusclePharm Corporation
• Abbott Laboratories
• IOVATE Health Sciences International, Inc.
• Transparent Labs
• WOODBOLT DISTRIBUTION 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.