Hollow Fiber Filtration Market With Strong Application and Scope By 2030

 Hollow Fiber Filtration Market Growth & Trends

The global hollow fiber filtration market size is expected to reach USD 1.76 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.4% from 2024 to 2030. The rising demand for bioprocessing products, the availability of skilled professionals, and expanding growth opportunities in the biopharma sector are among the key factors expected to propel market revenue growth during the forecast period.

The rising prevalence of infectious diseases, combined with lower bio-manufacturing costs, has rekindled interest in the creation of single-use hollow fiber technologies that can be readily adaptable to continuous processing and to provide treatment for diseases such as cancer and the common flu. For instance, cancer.org estimates that there are 609,360 cancer deaths and 1.9 million new cases of cancer in the U.S. in 2022.

Furthermore, hollow fiber (HF) systems are used in the efficacy testing of a drug, and the absorptive membrane on the fiber wall is utilized to control the release of a drug. Moreover, hollow fibers also create effective drug carriers due to their high ratio of surface area to volume and loading flexibility. This is expected to fuel the growth of the hollow fiber filter market.

Hollow fiber filtration (HFF) is also used to treat domestic wastewater. This is expected to drive the hollow fiber filtration industry forward. By concentrating microorganisms inside individual hollow fibers, hollow fiber ultrafiltration is employed to test source water for naturally occurring protozoa and to purify drinking water. HFF works similarly to capillary and tubular filtration systems, but with a smaller tube size for greater flexibility. For instance, in April 2021, Researchers at the Indian Institute of Technology Guwahati developed a microfiltration method to remove microplastics from seawater, preventing the incorporation of plastic residues in edible salt retrieved from it.

The need for HFF to prevent a wide range of infections has increased as a result of the COVID-19 pandemic. The development of hollow fiber applications enabled the expansion of new approaches for the prevention and detection of the COVID-19 virus & other viral infections. For instance, as per the published article, in January 2022, due to its enclosed space air remediation to grab the aerosolized synthetic SARS-CoV-2 & pseudovirus particles, the HF membrane effectively removes synthetic COVID-19 virus from the air. Additionally, due to an increase in activities for R&D for HF membrane across the globe, driving the market growth.

Furthermore, there has been a distinguishable trend toward association in recent years, with players trying to form strategic associations to assist market growth. For instance, in June 2021, Repligen Corporation announced the acquisition of Polymem S.A. ("Polymem"), one of the largest manufacturing firms in the development and production of hollow fiber membranes & modules based in Toulouse, France. 

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Hollow Fiber Filtration Market Report Highlights

• By membrane material, the polyethersulfone (PES) segment dominated the market with a revenue share of 35.7% in 2023 and is projected to exhibit the fastest CAGR during the assessment period.
• By process, the reusable hollow fiber membranes segment dominated the market with a share of 53.5% in 2023.
• By technology, the microfiltration segment held the largest revenue share of 52.4% in 2023. Microfiltration is a low-pressure technique for separating high-molecular-weight compounds from dissolved solids.
• By end-use, pharmaceutical and biotechnology companies segment held the largest share of 44.5% in 2023.
• North America dominated the regional market with a revenue share of 39.4% in 2023. During the projected period, the region is expected to retain its leadership.
• In the future, the expansion of the market in the Asia Pacific region is anticipated to grow exponentially.

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Hollow Fiber Filtration Market Segmentation

Grand View Research has segmented the global hollow fiber filtration market report based on membrane material, process, technology, application, end-use, and region:

Hollow Fiber Filtration Membrane Material Outlook (Revenue, USD Million, 2018 - 2030)

• Polysulfone (PS)
• Mixed Cellulose Ester
• Polyvinylidene Difluoride (PVDF)
• Polyethersulfone (PES)
• Others

Hollow Fiber Filtration Process Outlook (Revenue, USD Million, 2018 - 2030)

• Single-use Hollow Fiber Membranes
• Reusable Hollow Fiber Membranes

Hollow Fiber Filtration Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Microfiltration
• Ultrafiltration
• Others

Hollow Fiber Filtration Application Outlook (Revenue, USD Million, 2018 - 2030)

• Virus or Viral Vector Filtration
• Protein Concentration & Diafiltration
• Cell Culture Harvest & Clarification
• Raw Material Filtration
• Others

Hollow Fiber Filtration End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Biotechnology Companies
• CMOs & CROs
• Academic & Research Institutes

Hollow Fiber Filtration Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Hollow Fiber Filtration Market

• Sartorius AG
• Repligen Corporation
• Danaher Corporation
• Merck KGaA
• Asahi Kasei Corporation
• PARKER HANNIFIN CORP.
• Cole Parmer
• Sterlitech Corporation
• Synder Filtration, Inc.
• Meissner Filtration Products, 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.

PMS And Menstrual Health Supplements Market Size, Share, Trends, Analysis And Growth Forecast To 2030: Grand View Research Inc.

 PMS And Menstrual Health Supplements Market Growth & Trends

The global PMS and menstrual health supplements market size is expected to reach USD 35.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2023 to 2030. One of the major factors contributing to the growth of the market is increased awareness among women about the health hazards related to menstrual health. Traditional diets these days are not able to meet daily nutrient requirements, hence, many physicians are recommending women add health supplements to their daily routine, thus increasing the market growth. The emergence of the COVID-19 pandemic led to increasing awareness about physical and mental health. Additionally, trending e-commerce has eased access to health supplements. Furthermore, industry players globally are focusing on the R&D of new nutritional products to meet market demand.

A study published in the General Psychiatry Journal suggests that 90% of women will experience mild to severe premenstrual syndrome in 2020. To help patients handle premenstrual syndrome, leading manufacturers in the field of PMS treatments are focusing on the consumption of vitamin and nutritional supplements. Years of studies show several vitamins and minerals, including vitamin B, vitamin C, magnesium, and calcium, are vital nutrients in treating PMS-related symptoms. Among all these nutrients, Vitamin B is the most essential and helps to lower PMS.

In 2022, Asia Pacific held a dominant revenue share. Demand for these supplements in the Asia Pacific region will be fuelled by the increasing number of PMS cases, thus giving rise to the general wellness trend. China held the largest share in the Asia Pacific market in 2022, followed by India and Japan. The Middle East and Africa is estimated to witness the fastest growth during the forecast period. Iran shows a high rate of PMS prevalence in the MEA. Numerous lucrative business opportunities are expected to arise as a result of the rising popularity of healthy lifestyles.

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PMS And Menstrual Health Supplements Market Report Highlights

• The market is expected to grow due to increasing awareness regarding menstrual syndrome and adopting a healthy lifestyle
• Based on product, combined nutritional supplements dominated the market in 2022. These products offer reliability, which makes them the first choice of recommendation by physicians
• By consumer group, PMS held the largest share in 2022. This can be attributed to the rise in its prevalence globally. Other factors contributing to this growth include the effectiveness of nutritional supplements in controlling this condition
• Consumers’ awareness regarding their nutritional needs has increased significantly as a result of the COVID-19 pandemic, and hence, they are beginning to recognize the value of nutritional supplements. As a result, it promotes sales growth
• The MEA is expected to grow at the fastest rate during the forecast period. The rise in the prevalence rate contributes to the regional market growth

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PMS And Menstrual Health Supplements Market Segmentation

Grand View Research has segmented the global PMS and menstrual health supplements market based on product, consumer group, formulation, sales channel, and region:

PMS And Menstrual Health Supplements Product Outlook (Revenue, USD Billion, 2017 - 2030)

• Single Nutritional Supplements
  • Vitamins
  • Minerals
  • Herbal Supplements
  • Others
• Combined Nutritional Supplements

PMS And Menstrual Health Supplements Consumer Group Outlook (Revenue, USD Billion, 2017 - 2030)

• Premenstrual Syndrome (PMS)
• Perimenopause

PMS And Menstrual Health Supplements Formulation Outlook (Revenue, USD Billion, 2017 - 2030)

• Capsules/Tablets
• Powder
• Softgels
• Others

PMS And Menstrual Health Supplements Sales Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Online Sales Channel
• Direct Sales Channel
• Pharmacies/Drug Stores
• Other Offline Channels

PMS And Menstrual Health Supplements Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players of PMS And Menstrual Health Supplements Market

• Herbalife International of America, Inc.
• Pharmavite LLC
• Nature’s Bounty
• Amway
• GNC Holdings, Inc.
• USANA Health Sciences, Inc.
• GlaxoSmithKline Plc
• MetPPharmaAG
• RBK Nutraceuticals Pty Ltd.
• Archer Daniels Midland
• Looni
• DM Pharma

About Grand View Research

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

Clear Aligners Market Is Expected To Accomplish A Valuation Of Around $32.35 Billion By 2030: Grand View Research Inc.

Clear Aligners Market Growth & Trends

The global clear aligners market size is expected to reach USD 32.3 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 30.08% over the forecast period. Clear Aligners are invisible and discreet braces developed from thermoformed materials like copolyester or polycarbonate plastic and CAD 3D printing technology, acting as an alternative to traditional braces. According to the FDA, the clear aligner system helps in positioning the teeth through continuous gentle force and is developed to treat mild to moderate malocclusion. According to WHO, malocclusion is the third most prevalent dental disease after dental caries and periodontal disease globally. Malocclusion of the teeth causes the problem of misalignment which can later lead to severe oral health complications like hard and soft tissue trauma. This condition is hereditary and can be passed from one generation to another.

Technological advancements and the growing demand for customized clear aligners are significant factors responsible for market growth. Companies like Align Technology and DynaFlex are constantly bringing newer computer-aided technology to the market. For instance, the launch of iTero which is a digital impression system, by Align Technology is assisting in developing accurate, effective, and customized clear aligners designed in accordance with the wearer’s comfort to treat mild to moderate misalignment conditions. According to an article published in Scielo.com in November 2018, the global prevalence of Class I malocclusions is 74.7%, Class II malocclusions are 19.56% and the rising prevalence of these conditions is assisting in the escalating demand for clear aligners.

The demand for customized clear aligners has witnessed a burgeoning growth, especially among teenagers. For Instance, the FDA-approved, Invisalign clear aligners developed by Align Technology, have been used in the treatment of 10.9 million people as of 2020 and worldwide Invisalign shipments were about 413,700 cases in 2020. To date, over 5 million teenagers have started orthodontic treatment with Invisalign clear aligners. This is because many teenagers prefer avoiding discomfort caused by the metal braces and also try to look esthetically appealing. The above-mentioned factors are cumulatively assisting in the overall robust market growth.

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Clear Aligners Market Report Highlights

• The adults segment held the largest market share of 60.2% in 2023, however, teens segment is likely to exhibit a higher growth rate as teenagers are increasingly opting for clear aligners because of their inconspicuous characteristics and comfort
• The standalone practitioners segment held the highest market share of 52.8% in 2023 as standalone practitioners are readily adopting clear aligner systems and are equipped with advanced digital technologies
• The presence of invisalign made up of polyurethane is the primary factor responsible for segment dominance. Additionally, using polyurethane in a retainer application results in a device that will stay in a patient's mouth for a longer time and hold the teeth in place.
• A major portion of distribution and sales of digitally automated clear aligners is through offline channels. The end-users are generally GDs, dental specialists, dental laboratories, orthodontists, and DSOs (dental service organizations)
• North America dominated the market capturing 57.01% market share in 2023  owing to the increasing demand for new technologies, a large pool of key players, the rising prevalence of dental disorders, and advanced healthcare infrastructure
• APAC region is expected to witness the highest CAGR over the forecast period due to the rising number of dental disorders and procedures

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Clear Aligners Market Segmentation

Grand View Research has segmented the global clear aligners market on the basis of on age, material type, end-use, distribution channel, and region:

Clear Aligners Age Outlook (Revenue, USD Million, 2018 - 2030)

• Adults
• Teens

Clear Aligners Material Type Outlook (Revenue, USD Million, 2018 - 2030)

• Polyurethane
• Plastic Polyethylene Terephthalate Glycol
• Others

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

• Hospitals
• Stand Alone Practices
• Group Practices
• Others

Clear Aligners Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online
• Offline

Clear Aligners Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Clear Aligners Market

• Align Technology
• Dentsply Sirona
• Institute Straumann
• Envista Corporation
• 3M ESPE
• Argen Corporation
• Henry Schein Inc
• TP Orthodontics Inc
• SmileDirect Club
• Angel Aligner

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.

Mobile Accessories Market to Exhibit Impressive Growth During 2023– 2030: Grand View Research Inc.

 Mobile Accessories Market Growth & Trends

The global mobile accessories market size is expected to reach USD 148.81 billion by 2030, expanding at a CAGR of 6.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for smartphones, as they are an effective means of communication around the globe, is expected to drive the market in the forecast period. In addition, increasing demand for wireless devices, coupled with frequent changes in technologies is driving the market in the near future. For instance, companies are coming up with the latest technologies such as wireless headsets and speakers. This has boosted the market demand for the industry in recent times. Furthermore, the increasing adoption of smartphones among teenagers has increased the demand for certain accessories such as mobile covers and headphones as they keep themselves updated with the changing technologies in the market.

The mobile accessories market is growing due to the higher adoption of mobile phones at the global level. According to a report published by sell cell, in 2021 global mobile phone sales reached 1748.8 million, which means 22.2% of the global population purchased a mobile phone in 2021. The factors driving the growth of the global market include increasing adoption of the IoT and AI technologies, as well as cutting-edge technological advancements in voice recognition systems, wireless audio devices, clip-on headphones, and precise integration of speech recognition software. The competition in the global mobile accessories market is increasing thus the manufacturers are focusing on innovative features and technologies in the product line like high video resolution, selfies, games, etc. All these features generate the demand for power banks, earphones, headphones, etc.

During COVID-19, lockdowns were enforced in many regions of the world, and people were forced to stay at home and restrict their activities. In addition, schools were shut down during the pandemic and there was a change in the behavior of people using mobile phones. A lot of classes and activities happened online. People who had normal phones changed their phones to smartphones. With the increasing popularity of smartphones, the use of digital apps is also becoming more common among users. For instance, according to a report published by sell cell, in 2021 1510.3 smartphones are sold as compared to 2020. 113.0 million People have updated their mobile phones in 2021. However, the market is expected to eventually return to the pre-pandemic situation as people resume their normal life. This trend is anticipated to impact positively during the forecast period.

The offline segment led the market share and is expected to witness progressive growth in demand during the forecast period. The offline segment accounted for the leading market share of more than 69.0% share of the overall revenue and is expected to witness significant growth in the near future. Increasing demand for costly devices such as smartwatches along with mobile camera lenses and perception of issues with the delivery of fragile items are the factors propelling the segment's growth. Traditional methods of shopping and difference in price in local retail outlets and other wholesale markets are the reasons for the segment growth.

The headphone segment is expected to register a CAGR of 7.3% during the forecast period. One of the most developing trends in the mobile industry at present is the growing sophistication of headphones.  It also fuels the market growth for unconditional connectors such as type-c USB Ports cables. Growing fitness consciousness among the young population has driven demand for sports and fitness headphones in recent times. The popularity of cheap headphones has increased among the economical consumer group due to a rise in traveling trends standalone. 

In 2022, Asia Pacific led with a market share of around 46.5% and is anticipated to witness a significant CAGR in near future. In Asia Pacific, China contributed to the majority of the share and accounted for 55.2% share of the overall revenue in 2022. Europe is the second-largest segment with a market share of around 21.0% in 2021. Western Europe is the dominant segment in Europe, due to the high purchasing power and fashion-conscious consumers in countries, such as Germany, and the U.K.

The market presents moderate to low entry barriers due to the presence of a large number of unstructured dealers in the market. The market is further driven by innovation in technology, mergers &  acquisitions, and joint ventures. The companies also spend a huge chunk of their revenue on research and development as the industry witnessed frequent changes in technologies. In order to gain a competitive edge, the market players must understand the need for the product among the consumers. 

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Mobile Accessories Market Report Highlights

• The online segment is expected to attain the fastest CAGR from 2023 to 2030. The segment growth can be attributed to the increasing internet penetration in rural areas are anticipated to propel the segment growth.
• The headphone segment is expected to attain the fastest CAGR from 2023 to 2030, Growing fitness consciousness among the young population has driven demand for sports and fitness headphones in recent times thus, it is anticipated to propel segment growth.
• Asia Pacific led with a market share of around 46.5% and is anticipated to witness a significant CAGR in near future. In Asia Pacific, China contributed to the majority of the share and accounted for 55.2% share of the overall revenue in 2022.

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Mobile Accessories Market Segmentation

Grand View Research has segmented the global mobile accessories market based on the distribution channel, product type, and region:

Mobile Accessories Product Type Outlook (Revenue, USD Billion; 2017 - 2030)

• Headphone
• Charger
• Power Bank
• Protective Case
• Others

Mobile Accessories Distribution Channel Outlook (Revenue, USD Billion; 2017 - 2030)

• Online
• Offline

Mobile Accessories Regional Outlook (Revenue, USD Billion; 2017 - 2030)

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

List of Key Players in Mobile Accessories Market

• Belkin International Inc.
• Harman International Industries
• Aukey
• Groove Made Walnut
• Anket Power Core
• UE Boom
• Samsung
• Apple Inc.
• Google
• SanDisk

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 Meningitis Diagnostic Testing Market to Register Stable Expansion During 2023 – 2030: Grand View Research Inc.

 Meningitis Diagnostic Testing Market Growth & Trends

The global meningitis diagnostic testing market size is expected to reach USD 154.06 million by 2030, according to a new report by Grand View Research, Inc, registering a CAGR of 3.68% over the forecast period. The growth of the market is accredited to the rising awareness among the people about early disease diagnosis and increasing demand for rapid diagnosis coupled with the high accuracy of the test. Moreover, the increasing government support to reduce the burden of disease and the rising number of diagnostic centers are other factors fueling market demand.

The increasing prevalence of infectious diseases, and HIV is increasing the risk of developing meningitis, which is increasing the demand for meningitis diagnostic tests, worldwide. For instance, according to the WHO, over 38.4 million people were living with HIV worldwide in 2021. In addition, according to CDC in 2020, around 30,635 people received HIV diagnoses in the U.S. High number of HIV infections may increase the testing rate for meningitis. Moreover, EV meningitis is estimated to result in around 30,000-50,000 hospitalizations every year in the U.S.

Thus, such a high incidence of target diseases is pushing manufacturers to develop precise diagnostic solutions. For instance, Cepheid offered Xpert EV, a fast molecular in vitro diagnostic EV test, which provides results in 2.5 hours with optimum sensitivity and specificity. Similarly, M-DiaMult of Diagenode Diagnostics is a type of PCR- CE-IVD kit that detects many bacterial infections including Neisseria meningitidis.

Meningitis infection has emerged as a global issue owing to its long-term consequences and high mortality rate. The government is offering active support to provide sophisticated diagnostic tests and treatment regimens to eradicate the disease. For instance, the Meningitis Research Foundation and the CDC offer referral diagnoses for different infectious diseases such as tuberculosis, malaria, and meningitis among others that are not available in hospitals. Thus, such government initiatives to promote the diagnosis of various infectious diseases are likely to offer lucrative growth opportunities for the market.

Furthermore, the surge in the healthcare sector developments and growing technological advancements in diagnostic tests are likely to offer robust growth opportunities for the market. For instance, in July 2022, Abacus Diagnostica, a leader in molecular diagnostic testing, launched a novel rapid PCR test in Europe markets for the quick identification of viruses causing encephalitis and meningitis. This newly launched test allows healthcare professionals to identify the most common virus those causes meningitis in a span of 70 minutes. The introduction of rapid tests with high accuracy is anticipated to propel the market growth in the coming years.

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Meningitis Diagnostic Testing Market Report Highlights

• PCR assay segment held the largest market share in 2022 owing to a high preference for PCR tests and higher sensitivity and lower turnaround times of the test
• Lateral flow assay is expected to be the fastest segment during the coming years due to the increasing adoption of rapid tests at different healthcare facilities
• Hospitals segment was the leading revenue contributor during the base year and its high revenue is attributed to increasing access to novel diagnostic technologies and improved healthcare coverage
• The diagnostic centers segment is anticipated to exhibit the fastest growth rate owing to the surge in the burden of infectious diseases and the increasing adoption of technologically advanced products
• Asia Pacific is expected to exhibit the fastest growth over the forecast period due to rising investments in the region and ongoing trials in the region

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Meningitis Diagnostic Testing Market Segmentation

Grand View Research has segmented the global meningitis diagnostic testing market based on test type, end-user, and region:

Meningitis Diagnostic Testing Test Type Outlook (Revenue, USD Million, 2018 - 2030)

• Latex Agglutination Tests
• Lateral Flow Assay
• PCR Assay
• ELISA Tests
• Culture Test
• Others

Meningitis Diagnostic Testing End-User Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Diagnostic Centers
• Others

Meningitis Diagnostic Testing Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

Key Players in the Meningitis Diagnostic Testing Market

• Thermo Fisher Scientific, Inc.
• Bio-Rad Laboratories, Inc.
• Abbott
• ELITechGroup
• Seegene Inc.
• Luminex Corporation
• CERTEST BIOTEC
• IMMY
• Uniogen Oy

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.

Robotic Vacuum Cleaner Market Poised to Expand at a Robust Pace of $29.82 Billion Over 2030: Grand View Research Inc.

 Robotic Vacuum Cleaner Market Growth & Trends

The global robotic vacuum cleaner market size is expected to reach USD 29.82 billion by 2030, expanding at a CAGR of 23.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The increasing number of working women, growing purchasing power for innovative products, and ease of usage are major factors supporting the market growth. The growing trend of smart homes acts as a major supporting factor for market growth. The launch of new products also promises tremendous opportunities for market growth. These continue to gain traction among millennials and tech-savvy consumers.

Flexibility in the usage of robotic vacuum cleaners is estimated to drive the market over the forecast period. For instance, in December 2018, Neato Robotics announced the launch of Neato Zone Cleaning for the Botvac D7 Connected and the No-Go Lines feature for Botvac D3 Connected. With the help of the zone cleaning feature, consumers can highlight the portion or a dedicated area for active cleaning. Whereas, with the help of the No-Go line, consumers can create a no-go zone. This innovation is offering flexibility to users for the effective use of the product.

The growing trend of integration of devices with virtual assistance devices is creating opportunities for manufacturers in the market. Players are introducing this technology to gain a greater market share. For instance, in September 2019, iRobot updated the Amazon Alexa & IFTTT functionality in Wi-Fi-enabled Roomba robots in India and other developing countries. Consumers can start, stop, and pause with the help of voice activation commands.

In terms of type, the pool vacuum cleaner is estimated to expand at a CAGR of 23.1% from 2022 to 2030. Consumers are more inclined towards pool vacuum cleaners to remove rough debris with the brushing system, which also helps in removing bacteria and algae from pool surfaces, including floors and walls. As per Maytronics, there are around 25.5 million pools worldwide and around 19 million pools are cleaned without robots. This is creating significant growth opportunities for the market.

Offline distribution channels hold a significant share of the global market. This is attributed to the rising number of electronics and appliance specialty stores, resulting in increasing shelf space for marketing products. Consumers are more inclined to purchase of products from stores to find the right fit and understand the mechanism and functionality. Moreover, consumers can get a demo of the working pattern of the product. Sales representatives at the stores help consumers to find the right product as per their needs.

Europe emerged as the second-largest regional market in 2019. Countries such as Germany and U.K. are supporting the growth in the region. Consumers’ willingness to spend on added value and innovative small electronic appliances simplifying life is the major factor fueling the regional market growth.

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Robotic Vacuum Cleaner Market Report Highlights

• By type, floor vacuum cleaner led the market and accounted for a 60.6% share of the global revenue in 2021. The market is mainly driven due to its efficiency to remove even the tiny particles that may cause health issues along with its cost-efficiency
• By distribution channel, the online segment is expected to witness the fastest growth of 23.7% throughout the forecast period. Online distribution channels are expanding owing to the rise in social media marketing. Rising direct-to-consumer offerings are also driving the expansion of the online segment
• Asia Pacific is expected to register the fastest CAGR of 25.2% from 2022 to 2030. The expansion of the industry in the region is partly a result of the growing popularity of online shopping and e-commerce

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Robotic Vacuum Cleaner Market Segmentation

Grand View Research has segmented the global robotic vacuum cleaner market report based on type, application, distribution channel, and region:

Robotic Vaccum Cleaner Type Outlook (Revenue, USD Million, 2017 - 2030)

• Floor Vacuum Cleaner
• Pool Vacuum Cleaner

Robotic Vaccum Cleaner Application Outlook (Revenue, USD Million, 2017 - 2030)

• Residential
• Commercial
• Industrial

Robotic Vaccum Cleaner Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Robotic Vaccum Cleaner Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Players in the Robotic Vacuum Cleaner Market

• iRobot Corporation
• Ecovacs Robotics
• Xiaomi Corporation
• Beijing Roborock Technology Co., Ltd.
• SharkNinja Operating LLC
• Neato Robotics, Inc.
• Cecotec Innovaciones S.L.
• Panasonic Corporation
• Samsung Electronics Co., Ltd.
• Dyson 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.

Catalyst Carrier Market Report | Business Growth 2030

 Catalyst Carrier Market Growth & Trends

The global catalyst carrier market size is expected to reach USD 798.9 million by 2030, expanding at a compound annual growth rate (CAGR) of 7.7% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by increased usage of petroleum and its derivatives along with the growing energy demand, especially in fast emerging economies.

Customized catalyst carriers may now be produced by product manufacturers, as a result of rising demand across end-use sectors. These catalysts are now readily accessible due to consumer demand and industry-specific needs. Moreover, catalyst carriers with additional qualities and chemical compositions are made available to end users based on demand to suit the particular requirements needed during catalytic reactions. These are available in a variety of material forms, including extrudate and powdered, among others.

The increasing demand for gasoline around the world along with the limited supply of raw materials used in its production results in the emergence of the use of catalysts. This, in turn, eventually helps in the increasing demand for various types of products. Such factors are responsible for the overall growth of the product market.

With few exceptions, manufacturing companies relied on a small number of suppliers to meet their demand for raw materials, over the past ten years. Due to the invasion of Ukraine by Russia, as well as the COVID pandemic, and inflation; the procurement risk has increased, which is visible in recent years when there was a lull in trade due to these factors.

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Catalyst Carrier Market Report Highlights

• Oxides type are likely to witness the fastest CAGR-driven growth of more than 7.9% during the 2023-2030 period, as it promotes enhancements in various chemical processes, especially hydrogenation of certain metals and chemicals
• Chemical manufacturing segment is anticipated to witness the fastest CAGR of 7.9% during the 2023-2030 period, as there has been an increasing production due to higher demand for various chemicals around the world
• Asia Pacific region is expected to witness a notable CAGR of 6.4% driven growth during the 2023-2030 period, as compared to other regions, due to higher production of chemicals in the region coupled with the presence of a large number of manufacturers of catalyst carriers
• Due to the ongoing tension between Russia and Ukraine, the chemical industry is one of the most affected industries. According to AG Chem Group, the conflict has evident effects as energy as well as raw materials prices have gone up, as a result having a bad impact on the global economy and the chemical sector

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

Catalyst Carrier Market Segmentation

Grand View Research has segmented the global catalyst carrier market based on type, end-use, and region:

Catalyst Carrier Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Carbon-based
• Oxides
• Zirconia
• Other Types

Catalyst Carrier End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Oil & Gas
• Chemical Manufacturing
• Petrochemicals
• Automotive
• Other End Use

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

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

List of Key Players in the Catalyst Carrier Market

• Clariant
• Cabot Corporation
• Saint Gobain Group
• NORITAKE CO., LIMITED
• CeramTec GmbH
• Almatis B.V.
• CoorsTek, Inc.
• Sasol Limited
• Petrogas International
• Calgon Carbon Corporation
• Ultramet
• SINOCATA
• JGC C&C
• Devson Catalyst
• Porocel
• C&CS

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.

Home Water Filtration Unit Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Home Water Filtration Unit Market Growth & Trends

The global home water filtration unit market size is projected to reach USD 26.73 billion in 2030, registering a CAGR of 10.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. In recent years, the industry has gained immense traction as a result of changing lifestyles, especially in urban areas. The scarcity of drinking water has obligated the domestic authorities to provide the population with an adequate supply of the same. Taking advantage of this opportunity, companies, such as Eureka Forbes and Aquaguard, have emerged as the industry leaders in the domestic segment. Product penetration in developed countries, such as the U.S. and Canada, is relatively higher while vast semi-urban and rural areas in developing countries, such as India and China, remain untapped.

The home water filtration unit is seen as a necessity, especially in metros and urban cities, due to rising microbial and chemical contamination in the surface water sources. Growing awareness about the adverse effects of contaminated surface water, along with a declining level of potable water, has resulted in a significant shift in consumer preferences for technology-based domestic water purification systems worldwide. The industry was negatively impacted due to lockdowns imposed in several countries worldwide as a result of the pandemic. Manufacturing companies faced a lot of challenges owing to interruptions in component supply. Also, several countries witnessed curfew-like situations where businesses were not allowed to operate.

The water purifier is a purification system used to remove suspended solids, chemicals, unwanted materials, and gases to make water fit for a specific purpose. The industry is primarily driven by several factors, including technological developments in the industry and rising public awareness about the diseases transmitted through the consumption of contaminated water. Market penetration is comparatively higher in developed nations like the U.S., Canada, and Italy. Large semi-urban and rural areas, however, can be found in growing nations like China and India. However, the industry eventually returned to the pre-pandemic situation as people resumed their normal life. The RO-based product segment led the industry in 2021.

It is expected to witness progressive growth during the forecasted period. Increasing cases of waterborne diseases have made consumers cautious about the health risks associated with impure drinking water. In 2021, Asia Pacific led the industry and is anticipated to witness the fastest CAGR from 2022 to 2030. In Asia Pacific, China contributed to the majority of the share in 2021. Europe will be the second-fastest-growing region over the forecast period. Factors driving the demand for domestic water purifiers in this region are growing cases of jaundice and waterborne infections, rising awareness about sanitation among the urban population, and exponential growth of residential constructions in the region.

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Home Water Filtration Unit Market Report Highlights

• The RO-based product segment is expected to register the fastest CAGR from 2022 to 2030
• The increasing cases of waterborne diseases have made consumers cautious about the health risks associated with impure drinking water; thus, it is anticipated to propel the segment growth
• Asia Pacific led the industry in 2021 and is it anticipated to witness the fastest CAGR during the forecast period
• The industry is majorly dependent on consumer preference due to the presence of leading vendors competing in terms of variety and prices
• Companies, such as Eureka Forbes Ltd. and Kent RO System Ltd., are popular amongst consumers, especially across the Indian sub-continent, as these are available in various design options

Access Press Release@ https://www.grandviewresearch.com/press-release/global-home-water-filtration-unit-market

Home Water Filtration Unit Market Segmentation

Grand View Research has segmented the global home water filtration unit market based on product and region:

Home Water Filtration Unit Product Outlook (Revenue, USD Million, 2017 - 2030)

• RO-based
• UV-based
• Gravity-based
• Others

Home Water Filtration Unit Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
• Europe
  • France
  • Germany
• Asia Pacific
  • China
  • India
• Central & South America
  • Argentina
• Middle East & Africa
  • Israel

List of Key Players in Home Water Filtration Unit Market

• Kent RO System Ltd
• Brita Gmbh
• Eureka Forbes Ltd.
• Tata Chemicals
• HaloSource Inc.
• Panasonic
• Amway Corp.
• Aquasana
• GE Water & Process Technologies Inc.
• Eureka Forbes 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.

Benzene Market Projected To Be Worth $74.32 Billion By 2030: Grand View Research Inc.

 Benzene Market Growth & Trends

The global benzene market size is expected to reach USD 74.32 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% from 2022 to 2030. The industry growth is majorly driven by the growing chemical industry and increasing demand for polymers, polyester fibers, increasing consumption of household cleaning products, and other derivatives of benzene in end-use industries such as automobile, textile, pharmaceutical, packaging, personal care, and others.

Benzene is an essential feedstock that is used to further manufacture various chemicals and derivatives for serving different industries. These industries use benzene to manufacture other chemicals which are then further used to make plastic, nylon, resins, and synthetic fibers. It is also used to make rubbers, dyes, pesticides, lubricants, drugs, and detergents.

The growing consumption of benzene derivatives in the automotive industry for the manufacturing of synthetic rubber to be used in tires and several other parts of the car has resulted in an increase in demand for benzene worldwide. This demand is further expected to grow due to the continuous growth of the automotive industry.

The outbreak of COVID-19 has also had a negative impact on the benzene market as the shutting down of the economy due to the lockdown had a detrimental effect on the petrochemical industry. China which accounted for a significant market share in the production of petrochemicals was the epicenter of the pandemic which resulted in hugely impacting the production capacity of the country due to the lockdown. This reduction in production capacity has sent shockwaves throughout the supply chain, thus affecting the industries which relied on Chinese imports.

During the early stage of the pandemic, crude oil prices plummeted putting oil producers such as Middle East and North America at a disadvantage. On the other hand, this price drop has provided oil-importing countries such as India, China, and South Korea the advantage to build crude oil reserves for their petrochemical industries. However, with the uplifting of lockdown and opening up of economies, the demand for benzene has again started to increase.

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Benzene Market Report Highlights

• The global market is estimated to advance with a growth rate at a CAGR of 6.1% from 2022 to 2030. This is attributed to the wide range of uses of the product in industries such as automobile, personal care, pharmaceuticals, packaging, and others
• Asia Pacific dominated the global market in 2022 with a revenue share of over 45.20%. This is owed to increasing demand for home appliances, automobiles, packaging in food & beverages and pharmaceutical, and personal care in the region
• The increasing demand for benzene in the Asia Pacific has also resulted in several companies increasing their production capacities. For instance, Hengyi Petrochemical of china has set up a naphtha cracker plant in 2021 which will increase its production capacity of benzene by 80,000 TPA. Additionally, Reliance industries one of the major producers of benzene in India has increased its production capacity to 1400KTA
• Ethylbenzene dominated the derivative segment with a revenue share of 53.69% in 2022. This growth is attributed to the fact that a major portion of ethylbenzene goes into the production of styrene which has its demand in several major industries such as rubber, packaging, and automobiles
• Automobile application in the ethylbenzene derivative by end-use segment held a revenue share of 43.53%. This is due to the fact that styrene produced from ethylbenzene finds its major usage in automobile parts and tires due to its unique properties of low rolling friction, abrasion resistance, and high traction during braking
• Catalytic reforming in the production process dominated the global market with a revenue share of 49.32% in 2022. This is attributed to the fact that this method gives high yield and is useful for the production of benzene in large quantity

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

Benzene Market Segmentation

Grand View Research has segmented the global benzene market based on derivative by end-use, production process, and region:

Benzene Derivative by End-Use (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• Ethyl Benzene
  • Packaging
  • Automobile
  • Others (ink & paints, agriculture, pharmaceutical)
• Alkyl Benzene
  • Personal care (Surfactants)
  • Others (paint industry, ink solvent, agriculture herbicide)
• Cumene
  • Pharmaceutical
  • Cosmetics
  • Automobile
  • Packaging
  • Paints & Coatings
  • Others (electronics, agriculture, cleaners, solvents)
• Cyclohexane
  • Textile
  • Automobile
  • Thermoplastic
  • Others (solvent, paint & coatings)
• Nitro Benzene
  • Agriculture
  • Pharmaceuticals
  • Others (rubber, paint, dyes, leather)
• Others (Maleic Anhydride, Methylbenzoate)
  • Food additive
  • Surfactant
  • Personal care
  • Others (agriculture, paints & coatings, pharmaceutical)

Benzene Production Process Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• Catalytic reforming
• Steam cracking
• Others (Toluene hydrodealkylation, Toluene disproportionation)

Benzene Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Benzene Market

• Dow
• INEOS Group
• LyondellBasell Industries Holdings B.V.
• BASF SE
• Royal Dutch Shell Plc
• Reliance Industries Limited
• Chevron Phillips Chemical Company LLC
• China Petrochemical Corporation
• Marathon Petroleum Corporation
• LG Chem

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.

Frozen Bakery Market Size Is Expected To Reach USD 59.86 Billion by 2030

 Frozen Bakery Market Growth & Trends

The global frozen bakery market size is expected to reach USD 59.86 billion by 2030, expanding at a CAGR of 4.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. An increasing preference for convenience foods and the prominence of specialty frozen bakery products are the main factors driving the growth of frozen bakeries. A noticeable rise in the demand for processed food owing to busy lifestyles is predicted to boost the global market growth.

The growing consumer preference for ready-to-bake and ready-to-eat (RTE) products, attributed to busy and hectic lifestyles and long working hours drives robust global demand for frozen bakery items. The rapidly increasing working population, particularly working women, is anticipated to drive the market during the projected time period. Moreover, the presence of leading players has contributed significantly to the market's growth.

A substantial improvement and upgrade in the organized retail sector, especially in emerging economies, is resulting in increased product availability and visibility. This scenario is expected to contribute to the growth of the frozen bakery industry. Furthermore, rising consumer preference for organic and clean-label products as a result of rising wellness and health concerns presents potential opportunities for producers to diversify their product portfolio, support increasing demands, and generate revenue.

The market has been continually evolving to develop products with healthier ingredients. Frozen bakery products without using dairy ingredients are no longer consumed solely by the lactose-intolerant. There is currently a wide range of variants of non-dairy frozen treats available for those following a specific diet such as vegan or seeking variety. There is no shortage of dairy-free options in the frozen bakery market, ranging from small companies providing vegan options to larger companies offering non-dairy variants of their classic flavors. Almond milk, oat milk, and coconut milk are some dairy-free alternative bases.

Frozen bakery items are widely used to improve food service and boost sales in five-star hotels and high-end restaurants. Guests expect an extensive menu with bakery products such as pastries and pies to suit all tastes, therefore, fine-tasting beverages are not the sole aspect responsible for the success of establishments such as premium coffee shops. The growing demand for diverse product combinations and menus in hotels and restaurants will propel the industry forward.

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Frozen Bakery Market Report Highlights

• Frozen pizza dominated the product segment with the highest market share in 2022. The development of specialty pizza products such as dairy and gluten-free pizzas is the major driver for the segment growth
• Online distribution channel is estimated to be the fastest-growing segment with the highest CAGR over the forecast period of 2023-2030. The increasing number of internet users globally and higher penetration of smartphones are anticipated to be the major growth driving factors
• Asia Pacific is predicted to be the fastest-expanding regional market with a significant CAGR during the estimated timeframe. This growth is attributable to the rising disposable income, and a substantial influence of western culture in terms of food patterns and standard of living

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

Frozen Bakery Market Segmentation

Grand View Research has segmented the global frozen bakery market based on product, distribution channel, and region:

Frozen Bakery Product Outlook (Revenue, USD Million, 2017 - 2030)

• Bread
• Cakes & Pastries
• Doughnuts & Pies
• Pizza
• Novelties

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

• Supermarkets & Hypermarkets
• Convenience Stores
• Bakery Stores
• Online

Frozen Bakery Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Frozen Bakery Market

• Kellogg Co.
• Cargill, Incorporated
• Conagra Brands, Inc.
• Custom Foods Inc.
• Vandemoortele NV
• Bridgford Foods Corporation
• Associated British Foods plc
• General Mills Inc.
• Europastry
• Cole’s Quality Foods, Inc.
• Flowers Foods

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.