Food Grade Magnesium Derivatives Market to Bring In $1.24 Billion by End of the Forecast Period

 Food Grade Magnesium Derivatives Market Growth & Trends

The global food grade magnesium derivatives market size is expected to reach USD 1.24 billion by 2030, registering a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the growing inclusion of magnesium derivatives in the production of confectionery products, such as chocolates and sweets, as well as the production of alcoholic and nonalcoholic beverages, including functional drinks. The industry is anticipated to grow on account of the rising demand for products from the bakery, confectionery, and dairy, among other application segments.

The magnesium derivatives are widely used in the food processing industries as color retention agents, pH stabilizers, supports fermentation, anti-caking agents, emulsifiers, flavoring agent, firming agents, brewing agents, and antacids. The outbreak of the COVID-19 pandemic had a significant impact on various industries. However, Food & Beverages (F&B) remained unaffected owing to the high demand for immunity-boosting food products. This is attributed to the rising consumer awareness about maintaining a healthy diet and improving immunity to combat viral infections.

Thus, the product witnessed high demand from the F&B application sector as. As the F&B industry is not the primary application of magnesium derivatives, the demand for the same did not spike as expected; however, the market witnessed positive growth in 2020. Asia Pacific is estimated to register the fastest CAGR from 2022 to 2030 due to the growing F&B production and expansion of the retail industry in emerging markets like Japan, and India. Many manufacturers are shifting their production hubs to the Asia Pacific region due to low labor & operational costs and easy availability of workforce.

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Food Grade Magnesium Derivatives Market Report Highlights

• The inorganic products segment is likely to register the fastest growth rate from 2022 to 2030 due to its wide application scope in various food products as well as functional, sports, and alcoholic beverages
• Among inorganic derivatives, magnesium chloride is estimated to witness the fastest growth rate over the forecast years due to its non-flammable and non-toxic properties
• Moreover, it is widely used in food products as an emulsifier and firming agent and in beverages as a flavoring and brewing agent
• The beverages application segment will grow at the highest CAGR from 2022 to 2030 due to the rising demand for various functional, alcoholic, energy, and non-alcoholic beverages
• The alcoholic beverages sub-segment will witness the highest growth rate from 2022 to 2030 due to the high demand for various alcoholic drinks and the growing penetration of derivatives in the formulation of these products

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Food Grade Magnesium Derivatives Market Segmentation

Grand View Research has segmented the food grade magnesium derivatives market based on product, application, and region:

Food Grade Magnesium Derivatives Product Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

• Inorganic
  • Magnesium Oxide
  • Magnesium Carbonate
  • Magnesium Chloride
  • Magnesium Hydroxide
  • Magnesium Sulfate
  • Others
• Organic
  • Magnesium Stearate
  • Magnesium Citrate
  • Magnesium Lactate
  • Magnesium Gluconate
  • Others
• Magnesium Chelates

Food Grade Magnesium Derivatives Application Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

• Food
  • Bakery
  • Confectionery
  • Dairy
  • Others
• Beverages
  • Alcoholic
  • Non-Alcoholic

Food Grade Magnesium Derivatives Regional Outlook (Revenue, USD Million; Kilotons, Volume, 2018 - 2030)

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

List Of Key Players Food Grade Magnesium Derivatives Market

• Grecian Magnesite
• Sinwon Beverages Co., Ltd.
• Compass Minerals
• OLE Chemical Co., Ltd.
• Martin Marietta Magnesia Specialties
• Ibar Northeast
• NikoMag
• K + S Aktiengesellschaft
• Oksihim, Ltd.
• Hawkins
• ICL
• RX Chemicals
• Rahul Magnesia Pvt. Ltd.
• Vizag Chemicals
• Novotech Nutraceuticals, Inc.
• James M. Brown Ltd.
• Jungbunzlauer Suisse AG
• Corbion
• Paul Lohmann GmbH & Co. KGaA
• Gadot Biochemical Industries 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.

Mining Equipment Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 Mining Equipment Market Growth & Trends

The global mining equipment market size is expected to reach USD 201.55 billion by 2030, registering a CAGR of 5.2% during the forecast period, according to a new report by Grand View Research, Inc. The introduction of automated mining equipment at the major mine sites and the increasing demand for efficient mining equipment is expected to propel the demand during the forecast period.

Medical was the largest application for PEG, accounting for more than 40% of market share in 2022. Superior blending, hygroscopicity, and non-toxic properties of PEG have resulted in high demand for the chemical in numerous pharmaceutical products such as tablets and ointments. Increasing pharmaceutical expenditure, particularly in emerging economies of India, China, and Brazil, is expected to boost PEG market over the forecast period. Growing demand for paints & coatings coupled with the increasing use of PEG as a solvent due to its low VOC emissions is anticipated to fuel market growth over the next six years.

The adoption of automation and autonomous systems has led to significant developments in the global mining industry. In addition, the usage of autonomous machines such as drillers, Load Haul and Dump Loaders (LHDs), and carrying trucks at mining locations is rapidly increasing worldwide, thereby fueling the market demand for these products during the forecast period.

The ongoing urbanization and industrialization have fueled the global demand for natural resources such as oil and minerals. As a result, the global mining industry is flourishing. This, in turn, is boosting the demand for mining equipment, thereby leading to the growth of the market for this equipment worldwide.

Manufacturers of these products adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance their market penetration and cater to the changing technological demand for the equipment from various end-use industries such as metal mining, coal mining, and non-metal mining.

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Mining Equipment Market Report Highlights

• Surface mining equipment accounted for 38.9% share of the global revenue in 2022. The expansion of the surface mining equipment market is anticipated to rise from the growing demand for excavators in the oil & gas and construction industries
• Underground mining equipment segment is expected to register a healthy growth during the forecast period. The sturdy manufacturing and high impact force of the equipment make it an efficient piece for subterranean operations, thereby fueling the demand during the forecast period
• Metal mining application segment is expected to witness significant growth from 2023 to 2030. Owing to increased resource exploration and strong demand for precious metals such as silver, gold, and others, the metal mining market is expected to grow as a significant application segment
• Asia Pacific accounted for around 35% share of the global revenue share in 2022. The increasing shift towards clean energy resources and the adoption of electric vehicles in developing countries such as China and India expected to drive market growth in the forecast period
• In September 2022, Epiroc introduced Boomer E10 and E20 drill rigs. The drill rigs have automated technologies that improve operator safety and productivity, as well as an optional battery-electric drive line for lower environmental impact and better underground conditions.

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Mining Equipment Market Segmentation

Grand View Research has segmented the global mining equipment market on the basis of equipment type, power source, power output, application, and region:

Mining Equipment Equipment Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Underground Mining Equipment
• Surface Mining Equipment
• Crushing, Pulverizing & Screening Equipment
• Drills & Breakers
• Others

Mining Equipment Power Source Outlook (Revenue, USD Million, 2018 - 2030)

• Gasoline
• Electric

Mining Equipment Power Output Outlook (Revenue, USD Million, 2018 - 2030)

• <500 HP
• 500-2000 HP
• >2000 HP

Mining Equipment Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Metal Mining
• Non-metal Mining
• Coal Mining

Mining Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Mining Equipment market

• Epiroc
• Boart Long year Ltd
• Caterpillar Inc.
• China Coal Energy Group Co. Ltd
• Vipeak Mining Machinery Co. Ltd
• Guangdong Leimeng Intelligent Equipment Group Co. Ltd
• Henan Baichy Machinery Equipment Co. Ltd
• Komatsu Ltd
• Liebherr
• Metso Qutotec

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.

Crowdfunding Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Crowdfunding Market Growth & Trends

The global crowdfunding market size is expected to reach USD 5.53 billion by 2030, growing at a CAGR of 16.7% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Growing demand for low-cost promotional tools, such as social media platforms for crowdfunding campaigns, is a major factor driving market growth. Furthermore, rising internet penetration has led to more accessibility of online crowdfunding platforms, which is further contributing to the growth of the crowdfunding market.

Numerous crowdfunding platform providers remain focused on launching niche areas such as serving black women. For instance, in May 2020, BuildHer, a crowdfunding platform for women, launched its service to support young women in Kenya with credited construction skills leading to greater financial prosperity and promoting gender equality within the construction industry. Such launches are expected to create lucrative growth opportunities for the market over the coming years.

An increasing number of startup companies globally has also led to a greater demand for crowdfunding platforms. For instance, in July 2022, India witnessed a rise of 15,400% number of startups which increased from 471 in 2016 to 72,993 as of June 2022. Startup companies raised funds to increase their market presence globally and invest more in research and development activities. Such a rise in the number of startup companies is expected to further drive market growth.

The COVID-19 outbreak played a vital role in driving the crowdfunding market growth over the forecast period. The number of donations through crowdfunding platforms increased during the pandemic for COVID care treatment, hospitalization, and oxygen relief campaigns. For instance, on Milaap, a crowdfunding platform, the number of donations for the COVID-19 pandemic increased from 325,000 in 2020 to 400,000 in 2021. Similarly, in 2021, through GoFundMe, a crowdfunding platform, more than 175,000 crowdfunding campaigns were established in the U.S. for the COVID-19 pandemic-related needs.

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Crowdfunding Market Report Highlights

• The equity-based crowdfunding segment is expected to witness rapid growth over the forecast period. The segment growth can be attributed to the growing popularity of equity crowdfunding platforms as it offers an equity share of the company to investors
• The technology segment is expected to witness significant growth over the forecast period. Growing demand for integrating innovative technologies such as blockchain, machine learning, and Artificial Intelligence (AI) into various digital platforms is expected to propel the growth of the segment
• North America dominated the regional market in 2022. The rising number of startup companies across the region is driving the growth of the regional market

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Crowdfunding Market Segmentation

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

Crowdfunding Type Outlook (Revenue, USD Million, 2017 - 2030)

• Equity-based Crowdfunding
• Debt-based Crowdfunding
• Others

Crowdfunding Application Outlook (Revenue, USD Million, 2017 - 2030)

• Food & Beverage
• Technology
• Media
• Real Estate
• Healthcare
• Others

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

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

List of Key Players in Crowdfunding Market

• Kickstarter, PBC
• Indiegogo, Inc.
• GoFundMe
• Fundable
• Crowdcube
• SeedInvest Technology, LLC
• Fundly
• RealCrowd
• RM Technologies LLC.
• Wefunder

About Grand View Research

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

Global Market For IP Camera to Witness Tremendous Growth and Expansion by 2030

 IP Camera Market Growth & Trends

The global IP camera market size is expected to reach USD 32.63 billion by 2030, growing at a CAGR of 13.9% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The demand for internet protocol (IP)-based camera systems increases due to the constant development of infrared cameras and the adoption of IoT in video surveillance. With an increasing number of home burglaries and squatting, residential security is one of the top concerns of homeowners. The rising smartphone user base and the availability of installment-based security solution subscriptions promise robust growth in the residential market.

Home security concerns are growing along with the connected ability to alert security services, and the comparatively low cost of home security continues to impact the market's growth positively. These cameras help users respond immediately to any incursions inside buildings, abandonment of suspicious materials, and loitering & trespassing by persons and vehicles, as it also has built-in video intelligence.

IP cameras protect personnel, property, or information as they are employed in various organizations. These are also widely deployed in commercial and residential properties. The spread of COVID-19 globally continues to have a significant impact on the electronics industry as well, resulting in changes in consumer preference over time. The changes in preferences, disposable income, and purchasing habits have added volatility in the global economy. This has led to uncertainty on the demand side in the internet protocol camera market.

Asia Pacific is anticipated to dominate the global market in 2021 due to increasing awareness and adoption rate of network cameras. The impact of government legislation and investments also continues to boost the market growth in the region. There are several significant components provider in the area which dominates globally. For instance, in 2019, the Chinese police started the installation of new surveillance technology that helps the local authority identify potential suspects by their body language, and demeanor. The technology used by the Chinese police identifies individuals based on their body shape and movement from around a 50-meter distance. Government officials use advanced technology such as AI-based security solutions that help them improve their surveillance operations.

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IP Camera Market Report Highlights 

• Hardware components accounted for a market share of 76.7% in 2022, as the advancement of hardware systems in the market over the past years has provided convenience.
• The services segment is expected to grow at the fastest CAGR of 15.0% during the forecast period due to the innovation and development of IP camera system manufacturers, and service providers are catering to the market demand for better solutions.
• The consolidated segment held the largest revenue share of 74.7% in 2022. The consolidated product type is expected to achieve a considerable market share in 2021 as it employs a central control server that houses a master database.
• The commercial segment held the largest revenue share of 66.4% in 2022, owing to increased demand for advanced security technologies in the banking and financial sectors, accelerating the commercial industry and thus impacting the growth of the market.
• Asia Pacific dominated the market and accounted for the largest revenue share of 48.5% in 2022. Besides, the internet protocol (IP) camera market is expected to show a significant share in 2030 owing to the rising adoption of current security technologies for various applications such as traffic monitoring, home security, and city surveillance.

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IP Camera Market Segmentation

Grand View Research has segmented the global IP camera market report based on component, product type, connection type, end-use, and region:

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

• Hardware
• Services

IP Camera Product Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Fixed
• Pan-Tilt-Zoom (PTZ)
• Infrared

IP Camera Connection Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2018 - 2030)

• Consolidated
• Distributed

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

• Residential
• Commercial
  • BFSI
  • Education
  • Healthcare
  • Industrial
  • Real estate
  • Retail
  • Transportation & logistics
• Industrial

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

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

List of Key Players of IP Camera Market

• 3DEYE Inc.
• Arecont Vision Costar LLC.
• Motorola Solutions, Inc.
• Belkin
• Bosch Sicherheitssysteme GmbH
• CAMERAFTP
• CAMCLOUD
• D-Link Corporation
• EOS Digital Services
• GEOVISION Inc.
• Hangzhou Hikvision Digital Technology Co. Ltd.
• Honeywell International Inc.
• Johnson Controls
• Kintronics Inc.
• Matrix Comsec.
• Panasonic
• PRO-VIGIL
• SAMSUNG
• Schneider Electric SE
• Sony Corporation
• Stealth Monitoring
• Johnson Controls.
• VIVOTEK 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.

Silicone Surfactants Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Silicone Surfactants Market Growth & Trends

The global silicone surfactants market size is expected to reach USD 2.59 billion by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 4.6% from 2023 to 2030. This is attributed to the growing utilization of silicone surfactants in personal care and home care formulations. Rising consumer awareness and increasing preference for bio-based products are expected to boost market growth in the near future.

The market is established with the growing demand for the product from various end-use industries including agriculture, textile, automobile, construction, and paints and coatings. Water-soluble type dominated the market in 2022 due to the growing utilization of the product from the agriculture industry, especially in the formulations of fertilizers. Furthermore, the oil-soluble type has restrictions due to its unsuitability for all skin types.

Asia Pacific is a prominent region for silicone surfactants due to the presence of several manufacturers catering to various end-user industries including agriculture, textile, and automobile, along with the high scope for R&D activities in emerging economies of the region. Furthermore, there is an increasing demand for paints and coating products from developing countries such as China and India, which also contributes to market growth.

During the COVID-19 pandemic, the market has witnessed a notable drop in terms of both volume and revenue as personal care and cosmetics production came to a halt globally. Similarly, the construction and paints and coatings industries observed loss during the pandemic. However, post-pandemic, the personal care, home care, construction, and automotive industries witnessed a surge in production, thus triggering product demand.

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Silicone Surfactants Market Report Highlights

• The foaming agent application segment is expected to exhibit the fastest CAGR of 5.1% during the forecast period on the account of increasing use of surfactants in manufacturing home care and personal care products and growing usage in the agriculture industry
• The oil-soluble type segment will expand at a significant CAGR of 4.7% during the forecast period due to its use in drilling fluids as it provides high viscosity and higher surface tension
• The paints and coatings end-use segment is expected to register the fastest CAGR of 5.1% during the forecast period owing to the enhanced workability of paints and coatings by providing longer retention and higher dispersion
• Europe is expected to expand at the fastest growth rate of 5.1% during the forecast period. The region is home to many cosmetics and personal care companies, thus has thriving opportunities for silicone surfactant players as the demand for bio-based products is growing
• Asia Pacific is expected to grow significantly during the forecast period because of the easy raw material availability and the presence of various end-use manufacturers
• Key players are constantly involved in new product development and strategic initiatives in order to gain a competitive edge in the market

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Silicone Surfactants Market Segmentation

Grand View Research has segmented the global silicone surfactants market based on application, type, end-use, and region:

Silicone Surfactants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Emulsifiers
• Foaming Agents
• De-foaming Agents
• Wetting Agents
• Dispersants
• Others

Silicone Surfactants Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Water-soluble
• Oil-soluble

Silicone Surfactants End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Personal Care
• Construction
• Textile
• Paints & Coatings
• Agriculture
• Others

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

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

List of Key Players of the Silicone Surfactants Market

• DOW Inc.
• Innospec
• Momentive
• Elkem Silicones
• Shin-Etsu Chemical Co., Ltd.
• Evonik Industries AG
• Andisil
• Supreme Silicones
• Siltech 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.

Global Demand for Chocolate Syrup Market Increasing in Most Part of World 2030

 Chocolate Syrup Market Growth & Trends

The global chocolate syrup market size is expected to reach USD 12.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2022 to 2030. The increasing snacking trend and willingness to try more sweet and salty flavors in desserts have accelerated the demand for chocolate syrups. According to The Hershey Company, about 80% of consumers say chocolate is their favorite dessert flavor, and chocolate syrups from Hershey’s brand appeal to them.

Increasing inclination towards healthy eating is driving the demand for dark chocolate and organic chocolate syrups. To meet customer expectations, major chocolatiers are crafting limited-edition bittersweet flavors in chocolate syrups using single-origin cocoa from major global cocoa-producing areas like Ghana, Madagascar, Colombia, Dominican Republic, Ecuador, Sao Tome & Principe, Ivory Coast, and Venezuela. Further, market players such as Nestlé and The Hershey Company are focusing on innovating a low or no-sugar better-for-you portfolio in chocolate syrups with 30% less sugar variants.

The conventional chocolate syrup accounted for a significant share of the global revenue for 2021 and is expected to maintain dominance over the forecast period. The growing availability of several flavors such as dark chocolate, and white chocolate among others and the taste & flavor associated with them are driving the consumption of conventional chocolate syrups. Further, dark chocolate is becoming more popular among consumers due to its high cocoa content and flavonoids known as flavanols which are linked to a lower risk of heart disease.

The B2C distribution channel contributed a majority of the share to become the largest division in the global revenue in 2021. The offline stores including supermarkets, hypermarkets, specialty stores, and convenience stores provide dedicated shelf spaces that offer different varieties of chocolate syrups. The increase in penetration of major supermarkets & hypermarkets across the globe is gaining the attention of the consumers for the purchase of chocolate syrups from prominent brands, which is expected to provide significant growth opportunities in the upcoming years.

The chocolate syrup market is consolidated in nature with the presence of a large number of international players and a few regional players.

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Chocolate Syrup Market Report Highlights

• Europe is expected to contribute a significant share to become the largest division in 2021 owing to the presence of major product manufacturers and an increasing number of consumers in economies including Germany, France, Switzerland
• The organic chocolate syrup is anticipated to grow at a faster CAGR of 5.6% as consumers now prefer to incorporate ingredients that improve their health into their normal diet including gluten-free, and vegan
• The B2B segment is anticipated to grow with the fastest CAGR of 5.1% owing to the growing consumption of desserts from café, restaurants, and other food service outlets

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Chocolate Syrup Market Segmentation

Grand View Research has segmented the global chocolate syrup market based on type, distribution channel, and region:

Chocolate Syrup Type Outlook (Revenue, USD Million, 2017 - 2030)

• Conventional
• Organic

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

• B2C
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
• B2B

Chocolate Syrup Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Chocolate Syrup Market

• The Hershey's Company
• Nestlé
• The Kroger Co.
• The J.M. Smucker Company
• Torani
• Bosco
• Hollander Chocolate, Inc
• Walder Farms
• Amoretti
• Gold's Pure Foods, 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.

Asia Pacific Carbon Dioxide Market to Reflect Impressive Expansion During 2022 to 2030: Grand View Research Inc.

 Asia Pacific Carbon Dioxide Market Growth & Trends

The Asia Pacific carbon dioxide market size is expected to reach USD 4.35 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. Increasing demand for carbon dioxide in enhanced oil recovery (EOR) applications in oil and gas, coupled with an increase in demand from the food and beverage and medical industries, is expected to boost market growth during the forecast period. In addition, the availability of funding from the government across the region in the form of funds for research & development regarding carbon capture storage and utilization is expected to lead to the manufacture of carbon dioxide from carbon emissions at an economical cost, further augmenting the market growth.

The majority of countries in the region are witnessing growth, which has led to the rising disposable income of the population. This has increased the demand for frozen foods and carbonated beverages. Asia Pacific has seen significant GDP growth in the past decade owing to increased foreign investments. Countries in South and Southeast Asia have seen particularly high growth in the past few years due to the increase in manufacturing activity in the region.

The ethyl alcohol source segment had the largest revenue share in 2021 owing to the presence of various ethyl alcohol manufacturing plants that produce high-purity carbon dioxide as a byproduct during ethyl alcohol production. Substitute natural gas is expected to be the fastest-growing source segment from 2022 to 2030 owing to the rise in adoption of and demand for natural gas over coal as a source of energy in various countries around the world.

The food and beverage segment emerged as the largest application segment in 2021 with a revenue share of over 50.0% owing to the rising demand for carbonated drinks and the presence of a large number of food & beverage manufacturing facilities in the region, which are expected to enhance during the forecast period.

The increasing consumption of carbon dioxide in the Asia Pacific can be attributed to the growth and expansion of its end-use industries in China. China is a key consumer of carbon dioxide both in the Asia Pacific and globally. Rapid industrialization in the Asia Pacific has promoted the use of firefighting equipment in order to avoid industrial hazards. Equipment such as fire extinguishers makes use of carbon dioxide to quench the flame, which is likely to promote the demand for CO2. In addition, industries use carbon dioxide for refrigeration to store perishable products. The rising demand for carbon dioxide is anticipated to propel the market growth during the forecast period.

Asia Pacific is moderately consolidated with the presence of various multinational players. This factor makes the industry highly competitive as it also requires high initial investment and R&D costs. Major companies around the world are utilizing mergers & acquisitions to enhance their market shares and network on a global scale.

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Asia Pacific Carbon Dioxide Market Report Highlights

• By source, ethyl alcohol held the largest revenue share of over 30.0% in 2021. Carbon dioxide is obtained as a by-product in the production of ethyl alcohol through alcoholic fermentation. Carbon dioxide obtained from these processes is primarily used for food and beverage applications such as carbonation and as a chilling, cooling, and freezing agent
• The food and beverage application segment held the largest revenue share of over 50.0% in 2021. Rising demand for carbonated drinks is expected to be a significant contributor to the food and beverage segment growth during the forecast period
• Asia accounted for the largest revenue share of over 90.0% in 2021. The increasing consumption of carbon dioxide in the Asia Pacific can be attributed to the growth and expansion of its end-use industries in China and India. These countries are key consumers of carbon dioxide both in the Asia Pacific and globally
• Various strategic initiatives were recorded over the past few years to boost the growth of the market. In October 2019, Air Liquide completed the acquisition of Southern Industrial Gases in Malaysia. The acquisition was done to increase the market share of industrial, medical, and food-grade gases in the country

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Asia Pacific Carbon Dioxide Market Segmentation

Grand View Research has segmented the Asia Pacific carbon dioxide market based on source, application, and region:

Asia Pacific Carbon Dioxide Source Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Hydrogen
• Ethyl Alcohol
• Ethylene Oxide
• Substitute Natural Gas
• Others

Asia Pacific Carbon Dioxide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Food & Beverage
• Oil & Gas
• Medical
• Rubber
• Fire Fighting
• Metal Fabrication
• Others

Asia Pacific Carbon Dioxide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

• Asia
  • Taiwan
  • China
  • Philippines
  • Vietnam
  • Thailand
  • Malaysia
  • Singapore
  • Indonesia
  • India
• Pacific
  • Australia

List of Key Players of the Asia Pacific Carbon Dioxide Market

• Air Liquide
• Air Products and Chemicals, Inc.
• Coregas
• Cosmo Engineering Co., Ltd.
• Linde Plc
• Messer
• S. Gas Lab Asia Pvt. Ltd.
• Sicgil India Limited
• Suzhou Xinglu Air Separation Plant Science and Technology Development, Ltd.
• Taiyo Nippon Sanso 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.

U.S. Cord Blood Banking Services Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 U.S. Cord Blood Banking Services Market Growth & Trends

The U.S. cord blood banking services market size is estimated to reach USD 16.59 billion by 2030, registering a CAGR of 11.56% during the forecast period, according to a new report by Grand View Research, Inc. Cord blood is a significant source of hematopoietic stem cells for autologous and allogeneic transplantation in children with certain fatal diseases. Similarly, CB transplantation represents a promising method for the treatment of certain hematologic malignancies, immunodeficiencies, hemoglobinopathies, and metabolic diseases. In addition, research studies involving the extraction of healthy T-cells from CB for use in immunotherapy-based cancer treatment have shown positive results.

Such studies indicate the rising focus on the use of CB for the treatment of chronic diseases. Thus, propelling the market growth. The growth can also be attributed to the increase in the use of CB & stem cells in disease treatment. Rising awareness about the benefits of CB banking, a growing range of service providers, and improving insurance coverage are likely to further drive the market during the forecast period. However, the high cost of storage & collection and the risk of non-usability of units stored with private banks are expected to limit the growth of the market to a certain extent. The impact of the COVID-19 pandemic on the economy and the resultant decrease in consumer spending power led to fewer parents using CB bank services.

Although the collection of CB by trained professionals was still allowed in most hospitals, several factors, such as logistical constraints, limited availability of staff, and implementation of social distancing policies, restricted the revenue generation activities for CB banks, which negatively affected the industry. Furthermore, several non-profit organizations are undertaking initiatives to raise awareness regarding the storage of CB. For instance, in July 2022, the Association for the Advancement of Blood & Biotherapies (AABB) organized several activities for this purpose and shared social media graphics and complementary resources highlighting CB usage in stem cell transplants. It also emphasized the use of CB in various research applications in the AABB Newsfeed. Such initiatives are boosting overall awareness about CB banking and can positively affect market growth.

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U.S. Cord Blood Banking Services Market Report Highlights

• In 2022, the private bank segment had the highest revenue share due to private banks’ wide range of customers, potentially arise to their more enticing marketing strategies than public banks
• By component, the CB segment dominated the market in 2022 due to the growing incidence of chronic diseases and the rise in the birth rate in the U.S.
• California accounted for the largest revenue share in 2022 and will expand further at a steady CAGR from 2023 to 2030
• This is due to the high prevalence of diseases, the presence of major companies, the high usage of CB for the treatment of chronic diseases, and supportive government regulations

Access Press Release@ https://www.grandviewresearch.com/press-release/us-cord-blood-banking-services-market-analysis

0U.S. Cord Blood Banking Services Market Segmentation

Grand View Research has segmented the U.S. cord blood banking services market based on bank type, component, and states:

U.S. Cord Blood Banking Services Bank Type Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Private
• Public
• Hybrid

U.S. Cord Blood Banking Services Component Scope Outlook (Revenue, USD Million, 2018 - 2030)

• Cord Blood
• Cord Tissue
• Placenta

U.S. Cord Blood Banking Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

• Arizona
• California
• Florida
• Kentucky
• New Jersey
• Texas
• Massachusetts

List of Key Players of U.S. Cord Blood Banking Services Market

• California Cryobank
• StemCyte Inc.
• Cryo-Cell International Inc.
• Lifeforce Cryobank Sciences Inc.
• Stem Cell Cryobank Inc.
• Norton Healthcare
• Viacord
• MiracleCord Inc.
• New Jersey Cord Blood Bank
• Carter BloodCare
• CryoCyte LLC
• Americord Registry LLC
• Maze Cord Blood

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.

Avocado Market to Reap Excessive Revenues By 2030

 Avocado Market Growth & Trends

The global avocado market size is expected to reach USD 26.04 billion by 2030, expanding at a CAGR of 7.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increasing focus on a healthy diet and the growing number of buyers of healthy food products are driving the growth of the avocado industry. Moreover, increased awareness about the nutritional values of various food products, a growing middle-income population, and rising import demand are expected to support market growth over the forecast period.

According to an article published by Food Insight in July 2022, 52.1% of consumers believe that nutritional ingredients are important to maintain their health. With this in mind, the demand for avocados has grown significantly.

Manufacturers operating in the global market are closely working with suppliers to eliminate tariff barriers and increase product reach. According to an article published in September 2019 by Wageningen University, a new configuration of the Mexican avocado industry was developed to overcome the barrier and increase exports to the U.S. market and phytosanitary regulations were introduced. Hence, key players in the market can now exceed their product reach, which is expected to support the supply and demand for avocados among consumers.

The processed avocado segment is anticipated to register prominent growth over the forecast period. Avocados can be processed into a guacamole blend, pulp, salsa, and drinks. The consumption of avocados is on the rise globally with the increasing westernization of food patterns and acceptance of different cuisines. For instance, Freshcourt, based in Mexico, established itself as a strong producer among customers around the U.S. and abroad. The company is an established food processor of avocados for over 25 years and offers guacamole in different flavors, prepackaged avocado salads, salsas, and other products.

The rise in demand for avocado for food applications such as spreads, dips, salsa, tacos, salads, sushi, and burritos, as well as for cosmetics such as masks, sheets, and creams, continues to boost the sales of avocados around the world. Many restaurants and chains such as Chipotle create their own guacamole, an avocado-based dip, from scratch, which fuels the growth of the B2B segment. Avocados also present a list of benefits when used in cosmetics that includes it’s being filled with essential fatty acids and a host of essential vitamins, making avocados a one-stop solution to a lot of everyday skincare problems.

Major players in the global avocado industry include a combination of several established players and emerging players. Some of these are Calavo Growers, Inc., West Pak Avocado, Inc., Westfalia Fruit, Mission Produce, Inc., EMPACADORA AVEHASS S.A. DE C.V., Aguacates JBR, Propal, and Duclos Farms.

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Avocado Market Report Highlights

• North America held the largest revenue share in 2022, owing to the growing popularity of food with a longer shelf life. Longer shelf life helps tackle food waste and meet the growing demand for more sustainable food. Hence, promoting the purchase of avocados in the region
• The processed segment is anticipated to register a faster CAGR in the avocado industry. The need for convenient meals from a work-centric population drives the growth of the processedavocado industry
• The B2B is anticipated to register a significant growth rate over the forecast period. The increased popularity of processed avocados such as guacamole and salsa among the millennials & Gen-Z population driving the growth of the global market

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

Avocado Market Segmentation

Grand View Research has segmented the global avocado market based on form, distribution channel, and region:

Avocado Form Outlook (Revenue, USD Million; 2017 - 2030)

• Fresh
• Processed
  • Pulp
  • Guacomole
  • Others

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

• B2B
  • Processing Industry
  • Food Service Industry
• B2C

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

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

List of Key Players of Avocado Market

• Calavo Growers, Inc.
• West Pak Avocado, Inc.
• Westfalia Fruit
• Mission Produce, Inc.
• EMPACADORA AVEHASS S.A. DE C.V.
• Aguacates JBR
• Propal
• Duclos Farms
• AustChilli Group
• Simpson Farms

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.

Bio-based Elastomers Market Projected to Discern Stable Expansion by 2030

 Bio-based Elastomers Market Growth & Trends 

The global bio-based elastomers market size is expected to reach USD 1.3 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 13.9% from 2022 to 2030. The benefits provided by bio-based elastomers over crude oil-based elastomers regarding volatile organic compounds emissions are expected to contribute to the growth of the market. Major crude oil-based elastomer manufacturers are extensively engaging in developing bio-based elastomers.

End-use companies in the elastomer market are also including sustainable materials in their product manufacturing, which can significantly impact the market growth. For instance, in January 2022, The Goodyear Tire & Rubber Company launched a demonstration tire containing 70% sustainable-material content such as soybean oil and silica produced from rice husk ash to develop tires. Pela, a phone case manufacturing company in Canada, manufactures 100% compostable phone cases from Flaxstic, a bio-based material. This material includes a by-product of the flax oil seed harvest and a bio-based thermoplastic elastomer.

In April 2021, Audia Elastomers launched sustainable thermoplastic elastomers under the brand name AudiaFlex consisting of customizable grades that are produced from marine-based, bio-based, post-industrial, and post-consumer sources. On 17 November 2022, Asahi Kasei Corporation announced the beginning of the sale of Asadene BR and Tufdene S-SBR for the production of eco-friendly tires. These elastomers are manufactured by the mass-balance method with raw material derived from plastic waste and biomass.

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Bio-based Elastomers Market Report Highlights

• Bio-based thermoplastic elastomers dominated the market and accounted for more than 75.0% share of the overall revenue in 2021. The growing awareness related to eco-efficient and sustainable products to reduce greenhouse gas emissions and a number of thermoplastic elastomer manufacturers launching new variants of bio-based thermoplastic elastomers have contributed to the growth of bio-based thermoplastic elastomers
• The automotive application segment dominated the market in 2021. This is attributed to the growing use of bio-based elastomers in automotive trims, dashboards, mats, and tires. In September 2020, Linglong Tire in collaboration with the Beijing University of Chemical Technology launched bio-based rubber tires, which were showcased at the 22nd China International Industry Fair (CIIF) as an alternative to natural rubber
• North America emerged as the second-largest regional market in 2021. This is attributed to the supportive government policies for boosting the development and adoption of bio-based materials and the presence of a significant number of players operating in the market
• The high price of bio-based elastomers compared to crude oil-based elastomers is expected to restrain the market growth
• In February 2022, Huntsman International LLC helped KEEN, Inc., a global footwear manufacturer, to develop the Field to Foot sneakers soles from bio-based polyurethane elastomer

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

Bio-based Elastomers Market Segmentation

Grand View Research has segmented the global bio-based elastomers market on the basis of product, application, and region:

Bio-based Elastomers Product Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Bio-based Thermoplastic Elastomers
• Bio-based Thermoset Elastomers

Bio-based Elastomers Application Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• Footwear
• Automotive
• Sports
• Electrical & Electronics
• Others

Bio-based Elastomers Regional Outlook (Volume, Tons; Revenue, USD Million, 2019 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • Netherlands
  • France
  • UK.
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Rest of World

List of Key Players of Bio-based Elastomers Market

• Dow
• FKuR
• BASF SE
• ARLANXEO
• Trinseo
• Eni S.p.A.
• Asahi Kasei Corporation
• DSM
• Mitsubishi Chemical Europe GmbH
• Arkema
• The Goodyear Tire & Rubber Company
• The Lubrizol Corporation
• KURARAY CO., LTD.
• Wacker Chemie AG
• Huntsman International LLC
• Covestro AG
• HEXPOL TPE
• Avient 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.