Biofertilizers Market is Projected to Boost USD 3.9 Billion by 2030: Grand View Research Inc.

 Biofertilizers Market Growth & Trends 

The global biofertilizers market size is projected to reach USD 3.9 billion by 2030, registering a CAGR of 12.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising demand for organically produced food products across emerging economies backed with growing economic stability is the key boost to the marketspace.

Organic food products are naturally-derived without utilizing any food additives or synthetic chemicals. Key contributors to the organic food market include organically produced meat and dairy products, organically cultivated fruits and vegetables, and naturally-derived beverages, which include both alcoholic as well as non-alcoholic beverages. Growing consumer preference for healthy eating habits globally coupled with rising disposable income levels of individuals in the emerging economies of Asia Pacific, including Indonesia, Japan, India, and Thailand, is projected to boost the demand for organic food and beverage products in the region.

Further, according to the Research Institute of Organic Agriculture, number of organic farmers has grown significantly since 2000 due to the constant efforts undertaken by government agencies and agricultural and environmental authorities globally. The government to raise awareness about the benefits of switching to organic harvesting and incentives to promote sustainable farming practices. The largest market for organic food retail sales in 2017 and 2018 was the U.S. followed by Germany, France, China, and Italy, respectively. Growing acceptance of organic-based farming techniques and consumer inclination toward organic food are anticipated to drive the demand for organic fertilizers in the foreseeable future.

Yet another key driver for development of the market is the increased focus on environmental sustainability, which would result in reduced consumption of petroleum-based products and a shift to bio-based alternatives. Carbon footprint of greenhouse gas emission is one of the major hazards associated with the manufacturing of chemicals from crude oil. The use of biofertilizers is bound to minimize carbon footprints significantly in due course and is, therefore, being highly promoted by key regulatory authorities worldwide. Biofertilizer production emits significantly lower CO2, which makes them increasingly popular in the developed regions of North America and Europe.

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Biofertilizers Market Report Highlights

• North America accounted for the largest market share of 32.1%, in terms of revenue, in 2022 and is projected to grow at a volumetric rate of 13.7% from 2023 to 2030
• Nitrogen fixing biofertilizers are observed to reflect heavy growth in terms of volume growing a CAGR of 13.8% from 2023 to 2030 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals
• Among the various crop types, cereals & grains captured a significant market with volume share of 50.6%. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.

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Biofertilizers Market Segmentation

Grand View Research has segmented the global biofertilizers market on the basis of product, application, crop type, and region:

Biofertilizers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Nitrogen Fixing
• Phosphate Solubilizing
• Others

Biofertilizers Application (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Seed Treatment
• Soil Treatment

Biofertilizers Crop Type (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Biofertilizers Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Biofertilizers Market

• CBF China Biofertilizers
• Novozymes A/S
• AgriLife
• Mapleton Agri Biotec
• Biomax
• Rizobacter Argentina SA
• Symborg S.L.
• National Fertilizers Ltd.
• Antibiotice S.A.
• Lallemand Inc.
• Labiofam SA
• Sigma Agri-Science, LLC
• Agrinos Inc.
• Fertilizers USA LLC
• Kiwa Bio-Tech Products Group 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.

Biodegradable Plastic Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 

Biodegradable Plastics Market Growth & Trends

The global biodegradable plastics market size is projected to reach USD 10.0 billion by 2030, according to a report by Grand View Research, Inc., rising at a CAGR of 9.7% during the forecast period. The increasing use of biodegradable plastics, owing to strict governmental laws prohibiting the use of conventional plastics, coupled with growing awareness among the public towards the ill effects of plastic waste is stoking the growth of the market. The above factors are expected to spur market growth during the forecast period.

Biodegradable plastics are plastics that decompose in the environment within a reasonable period. Biodegradable plastics are made up of renewable raw materials. Many of these plastics require biodegradable additives to enhance the biodegradation process and some may require a specific environment to disintegrate. Time taken by plastics to decompose depends upon various factors such as raw materials used and environmental conditions such as moisture and temperature.

The starch-based segment leads the global market. Starch-based plastics are used in various applications such as packaging, consumer electronics, agriculture, automotive, and textiles. PLA is also one of the most consumed biodegradable plastic-type. It is used in 3D printing, mulch film, and packaging.

Packaging is the leading application of biodegradable plastics. A ban on plastics by European Commission is anticipated to drive the segment during the forecast period. Novel applications of biodegradable plastics in the medical sector for drug encapsulation and medical surgeries are being increasingly practiced.

Around the world, people are facing grave issues of plastic waste as conventional plastics take hundreds of years to decompose. To tackle this, issue several countries have banned the use of single-use plastic products and are promoting the use of eco-friendly biodegradable plastics. Ban of non-reusable conventional plastics in many regions around the globe, especially in Europe and North America is estimated to propel the market. Additionally, improving the standard of living and increasing disposable income in developing countries are likely to augur well for the market in the Asia Pacific and Central & South America.

Key players are investing in research and development activities to create improved products that are strong and can be easily decomposed in the natural environment. Many the companies have integrated the value chain to serve customers better and improve the profits of the company

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Biodegradable Plastics Market Report Highlights

• PHA is projected to register significant growth during forecast period.
• Packaging was the largest application segment for biodegradable plastics in 2022 with a revenue share of more than 60.3%.
• Europe is the largest region in terms of value and volume. However, Central & South America is expected to emerge as the fastest-growing region for biodegradable plastics

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Biodegradable Plastics Market Segmentation

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

Biodegradable Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Starch Based
• PLA
• PBS
• PBAT
• PHA
• Polycaprolactone

Biodegradable Plastics Application Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)

• Packaging
• Agriculture
• Consumer Goods
• Others

Biodegradable Plastics 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
• Middle East & Africa
  • Saudi Arabia

List of Key Players of the Biodegradable Plastics Market

• Cargill Incorporated
• PTT MCC Biochem Co., Ltd.
• Biome Technologies plc
• Plantic Technologies Limited
• BASF SE
• Total Corbion PLA
• Synbra Technology BV
• Futerro
• Novamont SpA
• NatureWorks LLC
• Eastman Chemical Company
• Trineso
• Danimer Scientific
• FKuR Kunststoff 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.

Payment Processing Solutions Market Predicted to Witness Steady Growth During the Forecast Period

 Payment Processing Solutions Market Growth & Trends

The global payment processing solutions market size is expected to reach USD 139.90 billion by 2030, registering a CAGR of 14.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing cashless economy initiatives undertaken by several governments across the globe. With such cashless economy initiatives, the adoption of digital payments has increased, which has created a demand for payment processing solutions.

The increasing e-commerce and online shopping trends across the globe are the major factors driving the growth of the payment processing solution industry. According to OptinMonster, in 2019, almost 93.5% of global internet users purchased products online. In addition, the increasing digitalization across several industries to lower operational costs and expand the boundaries of the business bode well with the market’s growth.

The increasing partnerships, collaborations, and launches are further expected to drive the market’s growth over the forecast period. For instance, in September 2022, Unicorn Payment, a multi-currency merchant services provider, and online payment processing company, announced the introduction of a new partnership program for web developers across European countries. With the new partnership program, the company enabled European web developers to earn monthly by referring merchants to Unicorn Payment.

The COVID-19 pandemic impacted market growth favorably over the forecast period. The shift in the online purchasing behavior of consumers due to lockdowns during the COVID-19 pandemic opened up new growth opportunities for the market. Furthermore, increasing launches of payment processing solutions during the COVID-19 pandemic led to an increase in the adoption of e-wallets and card payments among consumers resulting in the positive growth of the market.

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Payment Processing Solutions Market Report Highlights

• The growing popularity of smartphones and technological innovation is anticipated to boost the usage of e-wallets across the globe
• As retailers are focusing on diversifying their business operations, they are increasingly embracing wireless and mobile processing technologies for payment processes. This, in turn, is expected to fuel the adoption of payment processing solutions in the retail end-use industry
• Increasing e-commerce sales coupled with the growing internet penetration across the Asia Pacific region is expected to fuel the market growth over the forecast period

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Payment Processing Solutions Market Segmentation

Grand View Research has segmented the global payment processing solutions market based on payment method, end-use, and region:

Payment Processing Solutions Payment Method Outlook (Revenue, USD Billion, 2017 - 2030)

• Credit Card
• Debit Card
• E-wallet

Payment Processing Solutions End-use Outlook (Revenue, USD Billion, 2017 - 2030)

• Hospitality
• Retail
• Utilities & Telecommunication
• Others

Payment Processing Solutions Regional Outlook (Revenue, USD Billion, 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 Payment Processing Solutions Market

• Adyen
• Alipay
• Amazon Payments, Inc.
• Net
• PayPal Holdings Inc.
• PayU
• SecurePay
• Stripe, Inc.
• Apple Inc. (Apple Pay)
• Alphabet (Google Pay)

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.

Defibrillator Market to Grow at Moderate CAGR of 8.0% Through 2030: Grand View Research Inc.

 

Defibrillators Market Growth & Trends

The global defibrillator market size is expected to reach USD 12.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2023 to 2030. The key drivers for this market include supportive regulatory policies, rising incidences of sudden cardiac arrests, product developments, and rising awareness regarding cardiac conditions. The COVID-19 pandemic, however, gave rise to several challenges such as dampened demand for ICDs, logistical bottlenecks, postponed elective surgeries across the globe, and reduced sales growth.

The demand for ICDs plunged during 2020 as governments in many key markets implemented movement restrictions and hospitals deferred elective procedures. The sales recovered gradually as movement restrictions were eased and elective procedure volume went up. For instance, Abbott reported a decline in demand and sales of its cardiovascular and neuromodulation portfolio in 2020. Abbott attributed the sales decrease to reduced procedure volumes resulting from the pandemic.

The rising demand to develop solutions to improve sudden cardiac arrests response and the need to improve patient outcomes is expected to drive innovation in implantable as well as external defibrillators product segments. Innovation in the implantable defibrillators segments is driven by product advancements in subcutaneous and transvenous devices to increase device safety and efficacy. Integration of digital technologies such as analytics and tracking software is expected to drive the development in the external defibrillators segments. Other emerging technological trends include developments in personal AEDs for use in home settings, improvements in tracking technology for AEDs, the use of drones to deliver devices to care sites, and the use of IoT.

Major market players are focused on launching technologically advanced products and collaborations to enhance their presence. For instance, in July 2020, Zoll Medical Corporation launched a new remote view technology feature on its X Series monitor/defibrillator. This enhanced the existing product portfolio. In 2020, the European Emergency Number Association (EENA) launched a project in collaboration with Everdrone and Schiller to understand and explore the possibilities of using Unmanned Aerial Vehicles (UAVs) for emergency medical deliveries. The AEDs used were provided by Schiller, thus strengthening the company’s market presence.

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Defibrillators Market Report Highlights

• North America held the largest revenue share in 2022 due to the advanced healthcare infrastructure, supportive policies driving adoption of public access AEDs, and deeper penetration of the technologically advanced devices
• Asia Pacific is anticipated to register the highest CAGR of 9.3% over the forecast period owing to the high prevalence of cardiovascular diseases in China and India and increasing healthcare expenditure
• The industry participants are focusing on investing in acquisitions, collaborations, product launches, and partnerships to gain a competitive edge in the market
• Some of the leading players in the market are headquartered in Asia such as Asahi Kasei, Nihon Kohden, and Microport, thus contributing to the regional market growth
• Europe held a significant revenue share in 2022 owing to initiatives by key companies and well-established healthcare infrastructure
• For instance, in January 2020, Medtronic received the CE mark for its Cobalt and Crome lineup of defibrillators. This extended the company’s cardiac solutions offerings and enabled it to commercialize the products across Europe

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Defibrillators Market Segmentation

Grand View Research has segmented the global defibrillators market on the basis of product, end use, and region:

Defibrillators Product Outlook (Revenue, USD Million, 2018 - 2030)

• Implantable Cardioverter Defibrillators (ICD) by product
  • S-ICD
  • T-ICD
• Implantable Cardioverter Defibrillators (ICD) by type
  • Single Chamber
  • Dual Chamber
  • CRT-D
• External Defibrillators (ED)
  • Manual ED
  • Automated ED
  • Wearable Cardioverter Defibrillators

Defibrillators End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital
• Pre Hospital
• Public Access Market
• Alternate Care Market
• Home Healthcare

Defibrillators Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Defibrillators Market

• Medtronic
• Abbott
• Boston Scientific Corporation
• BIOTRONIK SE & Co. KG
• MicroPort Scientific Corporation
• Koninklijke Philips N.V.
• Stryker
• ZOLL Medical Corporation (Asahi Kasei)
• Nihon Kohden Corporation
• Progetti Srl
• Schiller AG
• MS Westfalia GmbH
• AMI Italia
• AXION Ltd.
• Bexen Cardio
• MicroPort Scientific Corporation
• Asahi Kasei Corporation
• CU Medical Systems
• METsis Medikal
• Mediana Co. Ltd.
• Mindray Medical International Ltd.
• Progetti SRL – Medical Equipment Solutions
• BPL Medical Technologies
• Metrax GmbH – PRIMEDIC
• Element Science Inc.
• Avive Solutions Inc.
• Jeevtronics Pvt. Ltd.
• HeartHero Inc.
• Shenzhen Comen Medical Instruments 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.

Anti-drone Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 Anti-drone Market Growth & Trends

The global anti-drone market size is expected to reach USD 10568.2 million by 2030, expanding at a compound annual growth rate (CAGR) of 28.1% from 2023 to 2030, according to a new study by Grand View Research, Inc. The application of drones is becoming progressively mainstream which increases the risk of safety and discretion. These threats are faced by both noncombatants and defense personnel as drones can be remotely operated or autonomous in the form of unauthorized unmanned drones. The market demand is expected to grow due to the requirement of anti-UAV systems in sensitive military areas to provide security against any terrorism or illegal activities. Moreover, the ease of access of small-sized drones has caused a significant increase in the investment of the anti-drone market.

The sale of remote-controlled drones is legal based on location, however there are many strict no-fly zones which the common public is unaware of. The need to protect the restricted airspace zones is expected to drive the growth of the anti-drone market. Moreover, anti-UAV systems are increasingly being adopted by military and commercial entities to guard their private spaces.

North America accounted for the largest market share in 2022 due to the increasing safety and security threats in the region. The ease of purchasing and using a drone within the less stringent regulations is anticipated to be a driving factor for the anti-drone market in North America. As the threat of rogue drone surveillance or attack increases, a growing number of commercial users are expected to add to the demand for anti-UAV systems and software in the region

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Anti-drone Market Report Highlights

• Based on component, the hardware segment recorded the highest market share of around 69% in 2022 owing to the rising demand for on ground anti-drone systems which requires RADARs, jammers, RF detectors, among other hardware components
• On the basis of type, the UAV based segment is expected to record the highest CAGR of around 31% over the forecast period as a result of the increasing UAV threat in sensitive military areas
• Based on range, the less than 5 km segment accounted for the largest market share in 2022 due to the threat from rogue surveillance drones on high security zones, international borders, and public areas
• On the basis of technology, the thermal image segment is expected to record highest CAGR of around 32.0% over the forecast period, owing to theadvancements in SWIR, MWIR, and LWIR technology
• Based on mitigation, the destructive system accounted for the highest market share of over 90%, owing to the rising demand for laser system, missile effectors and electronic counter measure systems
• On the basis of end-use, the military and defense segment dominated the market in 2022 with a share of around 58% due to the increased adoption of anti-drone system to counter terror activities
• Based on region, North America accounted for the largest market share of around 45% in 2022 owing to the growing anti-drone end users in military and commercial verticals in the region.

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Anti-drone Market Segmentation

Grand View Research has segmented the global anti-drone market on the basis of component, type, range, technology, mitigation type, defense type, end-use, and region:

Anti-drone Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
  • Radars
  • Acoustic Sensors
  • Infrared and Video Surveillance Systems
  • RF Detectors
  • Jammers
  • Others
• Software

Anti-drone Type Outlook (Revenue, USD Million, 2018 - 2030)

• Ground Based
• Handheld
• UAV Based

Anti-drone Range Outlook (Revenue, USD Million, 2018 - 2030)

• Less than 5 km
• More than 5 km

Anti-drone Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Anti-Drone Radar
• RF Scan
• Thermal Image
• Others

Anti-drone Mitigation Type Outlook (Revenue, USD Million, 2018 - 2030)

• Destructive System
  • Laser System
  • Missile Effector
  • Electronic Countermeasure
• Non-destructive System

Anti-drone Defense Type Outlook (Revenue, USD Million, 2018 - 2030)

• Detection & Disruption Systems
• Detection Systems

Anti-drone End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Military & Defense
• Commercial
• Government
• Others

Anti-drone Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.

List of the key players in the Anti-drone Market

• Advanced Radar Technologies S.A.
• Airbus Group SE
• Blighter Surveillance Systems
• Dedrone
• DeTect, Inc.
• Droneshield LLC
• Enterprise Control Systems
• Israel Aerospace Industries Ltd. (IAI)
• Liteye Systems, Inc.
• Lockheed Martin Corporation
• Orelia
• Prime Consulting and technologies
• Raytheon Company
• Saab Ab
• Selex Es Inc.
• Thales Group
• The Boeing 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.

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

 Snus Market Growth & Trends

The global snus market size is anticipated to reach USD 4.10 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.4% from 2023 to 2030. The major driver of the market includes the growing adoption of snus in an effort to encourage the use of less harmful tobacco products and the ease of application of snus.

Snus is safer than smoking combustible tobacco products for nicotine inhalation. According to a paper published in the Harm Reduction Journal, consumption of snus was not found to be linked with a higher risk of pancreatic cancer. This is due to the lower levels of nitrosamine in snus as compared to tobacco smoke. This factor is predicted to augment market growth during the forecast period.

Another trend in the market is the growing adoption of tobacco-free snus. Industry players are focusing on producing tobacco-free alternatives to maintain the product’s prevalence in the market as tobacco consumption is declining globally. The product is beneficial for those trying to reduce or stop using tobacco. There are numerous flavors and brands available, and they all contain a mixture of herbs and flavors that together produce an experience resembling that of traditional snus.

The shift in consumer preference toward smokeless tobacco products, such as snus, as a safer substitute for numerous other tobacco-based products such as cigars, cigarettes, and smoke pipes can be attributed to rising health awareness among consumers. The tobacco steam is pasteurized rather than fermented When making snus, which lowers the incidence of pancreatic pulmonary, oral, and respiratory cancer and slows the growth of microbes that produce nitrosamines found in tobacco.

Snus is primarily exported from Sweden, and due to convenience, the Swedish people consume the most pouched snus. As per a report published by the European Network for Smoking Prevention, the average snus user consumes about 19 g of snus daily, with Swedish men being more likely to follow this trend. According to Swedish consumers, snus performs the social functions of smoking better than cigarettes, which is the main factor for current and new users who prefer it over all other products.

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Snus Market Report Highlights

• The portion segment led the product segment with the highest revenue share owing to its rising popularity due to convenience of usage unlike loose snus or other tobacco products
• Fruit flavors are expected to be the fastest-growing segment during the forecast period. This growth is attributable to the younger population preferring sweet-tasting and more appealing tobacco products
• Middle East & Africa is expected to grow significantly over the projected timeframe owing to lenient government regulations regarding tobacco sales in the region

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Snus Market Segmentation

Grand View Research has segmented the global snus market based on product, flavor, and region:

Snus Product Outlook (Revenue, USD Million, 2017 - 2030)

• Loose
• Portion

Snus Flavor Outlook (Revenue, USD Million, 2017 - 2030)

• Mint
• Whiskey
• Fruit
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Sweden
  • Norway
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Bangladesh
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of Snus Market

• Swedish Match AB
• BAT
• Altria Group, Inc.
• AG Snus
• Dacapo Silver AB
• GN Tobacco Sweden AB
• Gordito Oü
• Gotlandssnus
• Nordic Snus AB
• Skruf Snus

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.

Filling Machines Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Filling Machines Market Growth & Trends

The global filling machines market size is expected to reach USD 12.72 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% from 2022 to 2030. The market is expected to expand as a result of the increase in packaging machinery applications in a variety of industries, including healthcare, food & beverage, cosmetics, and others where packaging has become crucial.

The market for filling machines has been severely impacted by the COVID-19 outbreak. The consumption rate of packaged goods is declining as a result of the health risks associated with Covid-19, which puts financial stability at risk and reduces global demand for these devices.

The primary driver fueling the growth of the market is the rising purchasing power parity of consumers. Additionally, the market for filling machines is anticipated to grow as a result of the growth of numerous industries and the rising adoption of automatic and sophisticated machinery.

In the upcoming years, the market for filling machines is anticipated to expand due to the rising demand for packaged and processed foods. The processed and packaged food industry is undergoing significant transformation as a result of shifting customer preferences for processed and packaged foods, changing demographic trends, and other social, political, and economic factors.

The market is one of the prominent industries showcasing significant growth associated with the global packaging machine market in terms of revenue. The market is highly influenced by government standards and high-quality demand. The industry is expected to gain political prominence owing to high machinery standards.

The filling machine manufacturers are seeking collaborations, mergers, and acquisitions to expand their product lines and increase production capacity. Manufacturers are also focusing on increasing their manufacturing facilities in order to accommodate rising demand from critical end-use industries such as food & beverages, chemicals, and pharmaceutical.

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Filling Machines Market Report Highlights

• The aseptic product segment is expected to register the fastest growth rate over the forecast period. The demand for aseptic filling machines is increasing as they are flexible and minimize waste and product loss when compared to a manual process
• The rotary product segment is expected to grow in the years to come.Due to its simplicity of integration with already existing machinery such as sorting and capping, it is frequently employed in application industries
• The automatic mode of operation segment is expected to expand at a lucrative CAGR of 4.8% from 2022 to 2030. Packaging companies can create more owing to automatic filling equipment than they could by manually filling products
• The beverages application segment held the largest share of over 35.0% in 2021.The filling machine segment is essential to the beverage industry because it provides appropriate beverage handling for mass production
• In April 2022, At Anuga FoodTec in Cologne, Germany, KHS Group showcased its portfolio of cutting-edge filling technologies and eco-friendly packaging systems. KHS's InnoPET BloFill ACF-L block system for aseptic filling is part of the portfolio

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Filling Machines Market Segmentation

Grand View Research has segmented the global filling machine market on the basis of product, mode of operation, application, and region:

Filling Machines Product Outlook (Revenue, USD Million, 2017 - 2030)

• Aseptic
• Rotary
• Net Weight
• Volumetric
• Others

Filling Machines Mode of Operation Outlook (Revenue, USD Million, 2017 - 2030)

• Automatic
• Semi-automatic

Filling Machines Application Outlook (Revenue, USD Million, 2017 - 2030)

• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others

Filling Machines Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Filling Machines Market

• Barry- Wehmiller Companies, Inc.
• Ronchi Mario S.P.A.
• KHS Group
• Accutek Packaging Equipment Companies, Inc.
• Gea Group Ag
• Tetra Laval International S.A.
• Krones Ag
• JBT Corporation
• Coesia S.P.A.
• Robert Bosch 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.

Inspection Camera System Market: Precise Analysis on Business Overview, Product Scope And Ongoing Market Development

 Inspection Camera System Market Growth & Trends

The global inspection camera system market size is expected to reach USD 729.0 million by 2030, registering a CAGR of 10.7% during the forecast period, according to a new study by Grand View Research Inc. The ability of these cameras to articulate in the industrial application helps provide a better view of the machine’s inner workings; also, the usage of the inspection camera for visual inspection is one factor that propels the market growth. Providing proper maintenance of the sewer systems in commercial, residential, institutional, and public locations for the disposal of safe water and preventing the stagnation of contaminated water is also favoring the market's growth.

Manufacturers have numerous growth opportunities as they adopt innovations, modify the systems, and provide technological improvement along with investments in the research and development of inspection camera systems. For instance, ISRA VISION introduced a new camera-based inline inspection system equipped with updated features and advanced software tools. A few inspection camera systems are battery operated; the manufacturers are inspecting technology that makes their lithium-ion batteries reliable, long-lasting, and with lesser potential errors and defects. Pharmaceutical industries and semiconductor industries' requirements for inspection cameras are increasing.

Pharmaceutical industries require miniature microscopes used for endoscopes, etc., as the requirement for 1.6mm lumens visual inspection in endoscopes and medical instruments. Pharmaceutical industries and drug manufacturers are investing heavily in R&D activities to produce new vaccines and drugs; also, the government is implying regulations against the quality and supply of the drugs. North America dominated the global industry in 2021 and is likely to continue the trend during the forecast period. Rapid industrialization and municipal expansion, along with the need for video inspection, are fueling the demand for inspection camera systems.

Governments also prohibit personnel from entering the sewer pipeline systems for surveying and maintenance. The Asia Pacific region is estimated to register the fastest growth rate during the forecast period on account of the rapid industrialization and commercialization, which increase the usage of inspection camera systems. The government of India announced that over 560,000 kilometers of optical fiber cable have been laid around the country under the BharatNet Project. Inspection and maintenance of this vast cable network are conducted with the help of an inspection camera system owing to the presence of silica in the wire.

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Inspection Camera System Market Report Highlights

• The pipeline inspection segment accounted for the largest revenue share in 2021 and will remain dominant throughout the forecast period
• As per the video quality, the SD & HD segment will lead the industry over the forecast years
• The hardware component segment accounted for the largest share of the global industry in 2021 due to the invention, improvement, and technological development of the inspection camera systems
• Europe is expected to record a considerable growth rate from 2022 to 2030 owing to the requirement of vast natural gas pipeline projects that run between multiple European countries

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

Inspection Camera System Market Segmentation

Grand View Research has segmented the global inspection camera system market based on component, video quality, application, distribution channel, end-use, and region:

Inspection Camera System Component Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Hardware
• Services

Inspection Camera System Video Quality Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• SD & HD
• Full HD & 4K

Inspection Camera System Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Pipeline Inspection
• Drain Inspection
• Tank
• Medical Inspection
• Others

Inspection Camera System Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Online
• In-Store

Inspection Camera System End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Industrial
• Commercial
• Municipal
• Others

Inspection Camera System Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

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

List of Key Players of the Inspection Camera System Market

• By Hardware Providers
  • Basler AG
  • Leica Microsystem (Danaher Corp.)
  • Clarus Medical LLC
  • Eddyfi Technologies
  • Minicam Group (Halma plc)
  • iPEK International GmbH (IDEX Corp.)
  • NDT Technologies (P) Ltd.
  • CUES Inc.
  • OMNIVISION
  • C. LERCHER Solutions GmbH
• By Service Providers
  • Canon Inc.
  • Omron Corp.
  • Pleora Technologies Inc.
  • eInfochips
  • Kintronics Inc.
  • Pro-Vigil
  • CameraFTP
  • Camcloud
  • Exacq Technologies (Johnson Controls)
  • Stealth Monitoring

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.

Shea Butter Market Expected to Deliver Dynamic Progression By 2030

 Shea Butter Market Growth & Trends

The global shea butter market size is expected to reach USD 3.75 billion by 2030, according to a new report 7.1% by Grand View Research, Inc. The shea butter industry is expected to expand at a CAGR from 2023 to 2030. Shea butter exhibits functional and enhanced nutritional properties, which fuel its demand in various industries such as food, cosmetics & personal care, among others.

For instance, shea butter can be used as a natural antioxidant, trans-fat-free edible oil, food additive, and functional food ingredient. Furthermore, the surge in consumer demand for plant-based ingredients in skin care products is expected to increase the sales of shea butter over the forecast period.

The increasing emphasis on reformulating hair care products to make them healthier is expected to open new avenues for the shea butter industry across the globe. Hence, this will provide ample opportunities for major manufacturers in the market to formulate hair care products such as shampoos, conditioners, and serums, majorly using shea butter as their major ingredient. For instance, in May 2022, SheaMoisture revamped Raw Shea Butter Deep Moisturizing Collection made with - raw shea butter, sea kelp, and argan oil.

The raw and unrefined shea butter segment was the largest in 2022 and is expected to maintain dominance in the forecast period. This growth can be attributed to the high demand for unrefined shea butter in the cosmetic industry to manufacture better quality products such as lotions, lip balms, and other products made from unrefined shea butter. For instance, in July 2019, ONIC launches its new product, Cleopatra Raw Unrefined Shea butter in 100g Jar for consumers who are looking for premium virgin ivory pure unrefined shea butter.

The cosmetics & personal care segment held the largest market share in 2022. This can be attributed to the high product demand in this sector. Moreover, cosmetics companies are investing more in R&D to introduce new and more effective products containing shea butter. This is also likely to have a positive impact on segment growth. Increasing demand for anti-aging and skin conditioning products will boost the segment’s growth further. For instance, in October 2022, Bliss launched an antioxidant-rich formula body lotion. The product is said to contain anti-aging ingredients like vitamins B3, C, and E, plus shea butter. The shea butter industry is fragmented in nature, with a major share almost equally divided among key players in the market

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Shea Butter Market Report Highlights

• Europe is expected to contribute a majority of the share to become the largest division in the global revenue in 2022 owing to the rising consumer awareness regarding natural ingredients in personal care products
• The raw and unrefined shea butter segment is projected to register faster growth during the forecast period as it maintains much more skincare benefits and vitamins, thus fulfilling the demand of consumers for healthier alternatives in skin care products
• Cosmetics & personal care is predicted to hold the largest market share during the forecast period owing to the wide use of shea butter in products such as moisturizers, anti-aging creams, and sun creams

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

Shea Butter Market Segmentation

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

Shea Butter Product Outlook (Revenue, USD Million, 2017 - 2030)

• Raw & Unrefined
• Refined

Shea Butter Application Outlook (Revenue, USD Million, 2017 - 2030)

• Cosmetics & Personal Care
• Food
• Others

Shea Butter Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Shea Butter Market

• BASF SE
• Olvea Group
• Sophim S.A.
• Cargill, Inc.
• Suru Chemicals
• Ghana Nuts Company Ltd.
• Croda International Plc
• Agrobotanicals, LLC
• Clariant AG
• AAK AB

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.

Next-generation Sequencing Library Preparation Market With Strong Application and Scope By 2030

 Next-generation Sequencing Library Preparation Market Growth & Trends

The global next-generation sequencing library preparation market size is expected to reach USD 3.78 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 13.16% from 2023 to 2030, owing the to increasing prevalence of genetic diseases, decreasing costs of sequencing, and rising usage of NGS in disease diagnostics. Moreover, numerous market players offer a broad spectrum of solutions for NGS library preparation to suit the specific requirements of NGS-based analysis.

Advancements in sequencing technology boost the demand for disease panels. NGS libraries are prepared by using nucleotide amplification and sequencing of a specific gene that is causative of a disease condition. The disease diagnosis panels are precisely designed to analyze specific genetic characteristics of a disease condition. For instance, in February 2022, the OncoDNA introduced OncoDEEP kit for analysis of translocations, somatic variants, genomic signatures and predictive biomarkers to aid cancer therapy. The kit also effectively measures tumor mutational burden, microsatellite instability, and loss of heterozygosity.

The COVID-19 pandemic had a significant impact on the adoption of sequencing technology for metagenomics and diagnostics. Furthermore, several key players launched their NGS-based diagnostic tests for COVID-19 and other viral infections. For instance, in April 2021, QIAGEN N.V. released its first-ever QIAseq SARS-CoV-2 diagnostic kit, to be used for the enrichment of the COVID-19 genome and library preparation solution to yield a sequence of the SARS-CoV-2 genome.

Moreover, the growing incidence of diseases and the demand for novel drug discovery, collectively foster the growth of the market. For instance, in September 2022, IDT launches an NGS library preparation solution, xGen monkeypox virus amplicon panel for the precise detection of monkeypox viral infection by genotyping using viral DNA by construction of an NGS library.

Whole-Exome Sequencing is essentially used for the detection of rare genetic disorders by detecting expressive biomarkers that feature mutations, that are causative of various disease conditions. Further, the Whole-Genome Sequencing (WGS) is used for the detection of novel genetic mutations in rare diseases. For instance, in January 2022, researchers at the University of Stanford secured a first-ever Guinness record for a sequencing technique by sequencing a whole human genome in the least turnaround time with a record diagnostic rate for rare disease diagnosis.

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Next-generation Sequencing Library Preparation Market Report Highlights

• By sequencing type, targeted genome sequencing is expected to occupy the larger share in NGS library preparation market due to demand for disease specific analysis of the genome sequence that can cause the disease condition.
• Based on product, the reagents & consumables segment is expected to occupy the bigger share of market space due to the utilitarian benefits that an NGS library preparation kit could offer researchers and clinicians. Ready-to-use NGS library preparation kits require less expertise and bare minimal laboratory infrastructure.
• By application, the drug & biomarker discovery segment dominated the market due to the rise in demand for the discovery of novel drugs and biomarkers for a broad spectrum of disease conditions.
• By end use, Hospital & Clinics segment is expected to grow rapidly over the forecast period owing to the rise in the incidence of cancer, genetic disorders, and other diseases across the globe. The rise in genetic level understanding also positively impacts the growth of this segment.
• North America dominated the global NGS library preparation market in 2022, owing to the rising prevalence of diseases, increasing demand for early diagnosis, the need for genome sequencing, and the presence of key market players.
• Key players in the NGS library preparation market include Agilent Technologies, Inc., Integrated DNA Technologies, F. Hoffmann-La Roche AG, Inc., Illumina, Inc., Beckman Coulter Inc. (Danaher Corporation), Becton, Merck KGaA, Dickinson and Company, New England Biolabs, Inc., PerkinElmer Inc., QIAGEN N.V., Pacific Biosciences of California.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-next-generation-sequencing-library-preparation-market

Next-generation Sequencing Library Preparation Market Segmentation      

For this report, Grand View Research has segmented the global next-generation sequencing library preparation market based on sequencing type, products, application, end-use, and region.

Next-generation Sequencing Library Preparation Sequencing Type Outlook (Revenue, USD Million, 2018 - 2030)

• Targeted Genome Sequencing
• Whole Genome Sequencing
• Whole Exome Sequencing
• Other Sequencing Types

Next-generation Sequencing Library Preparation Products Outlook (Revenue, USD Million, 2018 - 2030)

• Reagents & Consumables
  • DNA Library Preparation Kits
  • Library Preparation Kits
  • RNA Library Preparation Kits
  • Other Reagents & Consumables
• Instruments

Next-generation Sequencing Library Preparation Application Outlook (Revenue, USD Million, 2018 - 2030)

• Drug & Biomarker Discovery
• Disease Diagnostics
  • Cancer Diagnostics
  • Reproductive Health Diagnostics
  • Infectious Disease Diagnostics
  • Other Disease Diagnostic Applications
• Others

Next-generation Sequencing Library Preparation End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals and Clinics
• Academic and Research Institutions
• Pharmaceutical and Biotechnology Companies
• Others

Next-generation Sequencing Library Preparation Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Next-generation Sequencing Library Preparation Market

• Agilent Technologies, Inc.,
• Integrated DNA Technologies,
• Hoffmann-La Roche AG, Inc.,
• Illumina, Inc.,
• Beckman Coulter Inc. (Danaher Corporation),
• Becton
• Merck KGaA,
• Dickinson and Company
• New England Biolabs Inc.,
• PerkinElmer Inc.,
• QIAGEN N.V.,
• Pacific Biosciences of California, Inc.,
• Thermo Fisher Scientific Inc.,
• Tecan Group 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.