Meal Kit Delivery Services Market Precise Analysis on Business Overview, Product Scope And Ongoing Development

Meal Kit Delivery Services Market Growth & Trends

The global meal kit delivery services market size is expected to reach USD 64.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.3% from 2023 to 2030 Increasing preference for homemade meals among millennials is expected to be a major factor contributing to the growth of the market. Meal kit delivery services are popular among busy parents, millennials, those juggling multiple jobs, working couples, or people with special diet needs who prefer pre-planned ingredients or meals so that they can quickly prepare meals.

The cook and eat segment led the market and accounted for a revenue share of 60.6% in 2022. Growing demand for healthy food ingredients and the trend of cooking at home at the global level is expected to expand the scope of cook and eat meal delivery services over the next few years. Further, for people suffering from depression, anxiety, or want to maintain brain health, cooking is a great exercise. Thus, the popularity of cook and eat meal kit delivery services can be seen among the masses.

The single service segment accounted for the largest revenue share of 57.7% in 2022. The service is extremely popular among single-person households and those with long office hours. Millennials and Generation Z form the largest consumer group of these meal kit delivery services. The vegan meal type segment is expected to showcase exponential growth by growing at a CAGR of 19.0% as the vegan population is significantly increasing across the globe due to the growing prevalence of lactose intolerance and various food allergies.

The online segment accounted for the largest revenue share of more than 63.2% in 2022. Increasing demand for meal kits has prompted a large number of local small businesses to provide these delivery services. Companies that are having an established online platform are capable of providing client service through greater flexibility by being available round the clock which allows them to serve customers settled across a geographical area. The market is fragmented in nature, with the presence of a large number of global and regional players. Key players face intense competition, especially from the top players in the market, as they have a large consumer base, strong brand recognition, and vast distribution networks.

Request a free sample copy or view report summary: Meal Kit Delivery Services Market Report

Meal Kit Delivery Services Market Report Highlights

• In Asia Pacific, the market is expected to register the fastest CAGR of 16.7% during 2023 to 2030 as major economies like Japan, and China have been adapting to the western culture of meal-kits and witnessing this behavior, many companies are tapping into meal kits delivery services
• The heat and eat segment is expected to register a CAGR of 15.7% from 2023 to 2030 owing to the growing popularity among the working population due to their hectic lifestyles and busy schedules with no or less time for cooking
• The multiple meal kit delivery services segment is expected to register a CAGR of 15.7% from 2023 to 2030 as this kit service is offered to families where both parents are working and have hectic and busy lifestyles
• The non-vegetarian meal kit delivery service segment held the largest revenue share of 63.5% in 2022. This can be attributed to the popularity of non-vegetarian meal kits across the globe and the nutritional value associated with this type

Access Press Release@ https://www.grandviewresearch.com/press-release/global-meal-kit-delivery-services-market

Meal Kit Delivery Services Market Segmentation 

Grand View Research has segmented the global meal kit delivery services market on the basis of offering, service, platform, meal type, and region:

Meal Kit Delivery Services Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Heat & Eat
• Cook & Eat

Meal Kit Delivery Services Service Outlook (Revenue, USD Million, 2017 - 2030)

• Single
• Multiple

Meal Kit Delivery Services Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

Meal Kit Delivery Services Meal Type Outlook (Revenue, USD Million, 2017 - 2030)

• Vegan
• Vegetarian
• Non-Vegetarian

Meal Kit Delivery Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Meal Kit Delivery Services Market

• Blue Apron, LLC
• Freshly Inc.
• HelloFresh
• Sun Basket
• Relish Labs LLC (Home Chef)
• Gobble
• Marley Spoon Inc.
• Purple Carrot
• Fresh n' Lean
• Hungryroot

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.

Soybean Market Size Is Predicted To Reach A Valuation Of $258.12 Billion By 2030: Grand View Research Inc.

 Soybean Market Growth & Trends

The global soybean market size is expected to reach USD 258.12 billion by 2030 and expand at a CAGR of 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for soybean byproducts like soybean meal and oil cakes has increased over the past few years. The high nutritional value of the products has enhanced their popularity among consumers, increasing the market. The increased disposable income of consumers in developed countries and the improved soybean productivity contributed to the demand for soybean byproducts in these countries.

Plant-based protein such as soybean is likely to be in high demand globally as several people are steadily moving toward a vegan lifestyle. In addition to that, the world is becoming healthier and fitter, necessitating higher protein content on our plates. Soybean is a source of protein that also has a lot of health benefits. It aids in our digestive health maintenance and can be molded into various shapes in daily dishes. Soy consumption daily is good for hair and skin health. Soybean is high in amino acids and is especially advantageous to people who have lactose intolerance. These factors are likely to propel the growth of the market shortly.

Soybean is considered a near-perfect dairy substitute. It has become increasingly popular amongst lactose-intolerant people. Soy curd, tempeh, tofu, and soy milk are just a few of the products available in the global market for soybean. These products can fully substitute milk and its various products in day-to-day life. As a result, soybean dairy-like products are likely to disrupt the market and determine its course of direction soon.

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

Soybean Market Report Highlights

• GMO soybeans are engineered to resist pests and diseases, leading to higher crop yields. It appeals farmers as it allows them to produce more soybeans per acre, increasing their profitability
• The raw form is expected to grow at the fastest CAGR from 2024 to 2030. Raw soybeans are rich in essential nutrients, including protein, dietary fiber, vitamins, and minerals. They are considered a healthy food option and are included in diets for their potential benefits, such as heart health, weight management, and cholesterol control
• Asia Pacific is expected to grow at the fastest CAGR from 2024 to 2030. Asia Pacific is home to a significant portion of the world's population, and many countries in this region are experiencing rapid economic growth. As incomes rise, so does the demand for protein-rich foods, including soybean-based products. This growing middle-class population with higher purchasing power is a crucial driver of increased soybean consumption

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

Soybean Market Segmentation

Grand View Research has segmented the global soybean market based on nature, form, end-use, and region.

Soybean Nature Outlook (Revenue, USD Billion, 2018 - 2030)

• GMO
• Non-GMO

Soybean Form Outlook (Revenue, USD Billion, 2018 - 2030)

• Raw
• Processed

Soybean End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Food & Beverages
• Animal Feed
• Industrial Use
• Others

Soybean Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Soybean Market

• Clarkson Grain Company
• Willmar International Limited
• SLC Agrícola
• Glencore
• ADM
• The Scoular Company
• Cargill, Incorporated
• Bunge Limited
• Louis Dreyfus Company
• Kohinoor Feeds & Fats Pvt. Ltd.
• Ag Processing, 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.

Dental Burs Market Is Expected To Accomplish A Valuation Of Around $881.6 Million By 2030: Grand View Research Inc.

 Dental Burs Market Growth & Trends

The global dental burs market size is expected to reach USD 881.6 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to reach at a CAGR of 5.4% from 2023 to 2030. The increasing prevalence of oral conditions in developed and developing countries is expected to propel the market's growth. Moreover, the growing accessibility of oral care in developing countries owing to the awareness campaigns and initiatives is expected to contribute to the market growth over the forecast period. For instance, the Oral Health Foundation is celebrating National Smile Month from 15 May to 15 June 2023 to raise awareness regarding oral health conditions globally.

Dental caries or tooth decay is the most prevalent oral health condition and remains untreated. These oral health conditions can be treated with non-invasive methods if identified early. According to the FDI World Dental Federation, around 3.5 billion individuals globally suffered from oral diseases in 2020, and around 2.3 billion individuals were estimated to suffer from tooth decay in 2020. The high prevalence of tooth decay can be due to the factors such as changing lifestyles, high sugar consumption, and less awareness about oral hygiene in low- and middle-income countries.

Hence, the demand for dental procedures is rising with the increasing prevalence of oral conditions in the geriatric population globally. According to the article published in PubMed Central in March 2022, the prevalence of tooth decay in the geriatric population was around 49% globally. Periodontal disease, root caries, and xerostomia are oral diseases that primarily affect the elderly population. Even though these conditions affecting the geriatric population are preventable or treatable, many do not receive the necessary treatment.

The COVID-19 pandemic negatively affected the market due to the halt of elective surgeries and the risk of transmitting the virus via the oral route. Dental visits significantly decreased in many countries due to the virus's transmission risk. For instance, according to the CDC, dental visits in the U.S. decreased in the fourth quarter of 2020 to 61.2% from 64% in the first quarter of 2020. However, with the ease of restrictions, the market is recovering and is expected to reach pre-pandemic levels in the coming years. For instance, COLTENE Holding AG reported a 17.8% increase in the efficient treatment segment in 2021 compared to 2020. The efficient treatment segment of the company includes burs as a rotary instrument.

Request a free sample copy or view report summary: Dental Burs Market Report

Dental Burs Market Report Highlights

• By material, the diamond burs segment held the largest market share in 2022 due to dentists' high preference due to its high precision and efficiency in enamel polishing
• Based on the application, the implantology segment is expected to grow at the fastest CAGR over the forecast period. This can be attributed to the growing advancements in implants and higher success rates in dental practices
• Based on end-use, the dental clinic segment is expected to witness the fastest market growth over the forecast period. This growth can be attributed to the growing preference for dental clinics owing to their cost-effectiveness, availability of advanced treatment, and specialized treatment availability
• North America dominated the market in 2022 with the largest market share, owing to the presence of major players in the region, an increasing number of dental clinics, and the rising adoption of digital dentistry
• The Asia Pacific is expected to expand at the fastest CAGR in the future owing to the growing geriatric population and rising prevalence of oral and dental health conditions

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

Dental Burs Market Segmentation

Grand View Research has segmented the global dental burs market based on material, application, end use, and region:

Dental Burs Material Outlook (Revenue, USD Million, 2018 - 2030)

• Diamond Burs
• Stainless Steel
• Carbide

Dental Burs Application Outlook (Revenue, USD Million, 2018 - 2030)

• Oral surgery
• Implantology
• Orthodontics
• Cavity preparation
• Others

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

• Hospitals
• Dental clinics
• Others

Dental Burs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Dental Burs Market

• Dentsply Sirona
• COLTENE Holding AG
• SHOFU Inc.
• MANI, INC.
• Brasseler USA
• Prima Dental Manufacturing Ltd
• Diatech USA
• Komet Dental
• Kerr Corporation (Envista)

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.

Parking Management Market to Reach $10.14 Billion by 2030: Grand View Research Inc.

 Parking Management Market Growth & Trends

The global parking management market size is expected to reach USD 10.14 billion by 2030 and is expected to expand at 12.1% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing demand for smart parking sensors, the increasing need for parking spaces, and favorable government initiatives are some of the factors contributing to the market growth.

Smart technologies are experiencing tremendous growth in the parking management system, including parking guidance systems, automated parking, and parking reservation systems. In addition to these technologies, the demand for security and safety of parked vehicles is also increasing rapidly among vehicle owners, which is propelling the procurement of a parking surveillance system. This will create a substantial market space for parking management companies to grow over the years.

Several car park mobile applications have included the feature to reserve a vehicle park space and make payments through mobile wallets. It allows users to save meaningful time spent searching for vacant spaces and provides parking enforcement options, such as adding remote parking spaces and providing parking information to users. For instance, in April 2022, ParkMobile, LLC announced a partnership with Diamond Parking, a parking facility provider in the U.S. Through the partnership the former company offers contactless payments in more than 25 cities across Western Canada, Washington, Alaska, Montana, Hawaii, Oregon, Idaho, California, and Hawaii. ParkMobile will now be accessible at more than 800 Diamond Parking spots.

The increasing availability of integrated automated solutions and advancements in wireless technology are anticipated to drive the adoption of parking management solutions. Moreover, parking management systems aid in increasing mobility in cities and offer a dependable revenue model. These systems use data analytics, wireless communication technology, and sensors to address parking issues in cities and metros.

Request a free sample copy or view report summary: Parking Management Market Report

Parking Management Market Report Highlights

• The parking reservation segment is anticipated to witness significant growth during the forecast period. This growth can be attributed to the rising demand for parking reservation solutions (valet parking management solutions, access control, and slot management) to get information about available parking spaces through continuous monitoring
• The support and maintenance segment held a significant market share in 2022. The segment also includes software and equipment, which requires preventive maintenance to avoid downtime and ensure that systems run as smoothly as when it was first installed. These capabilities will supplement the growth of the segment during the forecast period
• The cloud segment is anticipated to register considerable growth over the forecast period. The segment growth can be attributed to the increasing adoption of cloud-based solutions by parking management companies, zero maintenance cost, and flexible payment options
• The off-street segment accounts for the largest market share in 2022. The growing use of mobile applications, better payment, and checking ticket solutions for parking assistance is expected to drive the growth of the segment during the forecast period
• The government segment accounts for the largest market share in 2022 due to the increasing government investments in implementing smart city development projects. Additionally, parking management vendors, technology providers, and consultants have aggressively started simulating innovative solutions based on conceptual modules for the designing and development of urban infrastructure
• The Asia Pacific regional market is expected to reach USD 2,186.0 million by 2030. The regional market growth can be attributed to the rising government expenditures on developing smart cities and the rising number of individuals migrating toward popular cities for better opportunities. Hence, there is a huge requirement for an efficient and effective parking infrastructure in the era of the aggressive rise in the number of vehicles across the region

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

Parking Management Market Segmentation

Grand View Research has segmented the global parking management market based on solution, service, deployment, parking site, off-street parking site, application, and region:

Parking Management Solution Outlook (Revenue, USD Million, 2018 - 2030)

• Access Control
• Security & Surveillance
• Revenue Management
• Parking Reservation Management
• Valet Parking Management
• Others

Parking Management Service Outlook (Revenue, USD Million, 2018 - 2030)

• Consulting Services
• System Integration and Deployment
• Support and Maintenance

Parking Management Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Cloud
• On-premise

Parking Management Parking Site Outlook (Revenue, USD Million, 2018 - 2030)

• On-street
• Off-street

Parking Management Off-street Parking Site Outlook (Revenue, USD Million, 2018 - 2030)

• Garage Parking
• Lot Parking

Parking Management Application Outlook (Revenue, USD Million, 2018 - 2030)

• Transport Transit
• Commercial
• Government

Parking Management Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• MEA

List of Key Players of the Parking Management Market

• 3M
• Amano Corporation
• Cubic Corporation
• IBM
• Kapsch TrafficCom
• Siemens
• SKIDATA
• SWARCO
• T2 Systems
• Robert Bosch GmbH

About Grand View Research

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

Cocoa Based Polyphenols Market to Surpass $136.8 Million by 2030: Grand View Research Inc.

 Cocoa Based Polyphenols Market Growth & Trends

The global cocoa-based polyphenols market size is anticipated to reach USD 136.8 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2020 to 2030. The market is predominantly driven by the rising awareness regarding natural antioxidants in food, beverages, and dietary supplements across the globe.

Cocoa based polyphenols, which serve as antioxidants and have possible antibacterial, cardioprotective, anti-inflammatory, anti-carcinogenic, antiviral, anti-allergenic, and anti-hepatotoxic characteristics, are the main chemicals that contribute to human health. They find applications in various industries including functional food & beverages, dietary supplements, dyes, cosmetics & toiletries, and others.

Growing awareness about the effectiveness of cocoa based polyphenols in treating cardiovascular diseases, high cholesterol, and cancer along with the rising number of applications in the food & beverage and pharmaceutical sectors is anticipated to drive the product demand over the forecast period.

The cost of raw materials has a significant impact on the overall costs of this product. Regulatory approvals keep a check on the health and environmental impact of cocoa-based polyphenols. Companies operating in this market require approvals from the concerned regulatory authorities to formulate their products. Once the regulatory approvals are granted, cocoa-based polyphenols are formulated by manufacturers. They use these to develop end-use products such as dietary supplements and functional food items.

Request a free sample copy or view report summary: Cocoa Based Polyphenols Market Report

Cocoa Based Polyphenols Market Report Highlights

• In the Asia Pacific, the market is expected to witness the fastest CAGR of 6.2% from 2022 to 2030 in terms of revenue, on account of the increasing demand for dietary supplements and functional foodsin the region
• Based on the application, the functional beverages segment accounted for a revenue share of 36.9% in 2021 owing to its rising awareness regarding dietary habits to maintain good health and prevent diseases
• The functional foods segment accounted for a revenue share of 28.4% in 2021. The surging adoption of functional food due to increasing global awareness among consumers regarding preventive healthcare is expected to benefit the overall market growth over the forecast period
• Various strategies that can boost the product demand include joint operations between two prominent players to mark their presence in untapped markets. For instance, Naturex and Barry Callebaut signed an agreement, under which Barry Callebaut agreed to supply high-flavonol cocoa beans to Naturex for manufacturing cocoa extracts and products
• Post Covid-19 pandemic, a rise in demand for digestive as well as immune health augmenting products was observed, which positively influenced the market. Consequently, the sales of supplements including vitamins, protein, omega-3 fatty acids, and others saw immense growth

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

Cocoa Based Polyphenols Market Segmentation

Grand View Research has segmented the global cocoa based polyphenols market based on application and region:

Cocoa Based Polyphenols Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Functional Foods
• Functional Beverages
• Dietary Supplements
• Others

Cocoa Based Polyphenols Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

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

List of Key Players of Cocoa Based Polyphenols Market

• ADM
• Barry Callebaut
• Kemin Industries
• Mars, Incorporated
• Naturex S.A
• Nutra Ingredients Limited
• Polyphenols AS
• Ajinomoto NaturalSpecialities
• Sabinsa, BERKEM
• Diana Food

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.

PTA Balloon Catheter Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 PTA Balloon Catheter Market Growth & Trends

The global PTA balloon catheter market size is expected to reach USD 4.62 billion by 2030, expanding at a CAGR of 8.32% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing incidence of peripheral artery disorder and the rising number of Percutaneous Coronary Intervention (PCI) procedures in developing countries are key factors driving the market.

The adoption of a sedentary lifestyle by most of the population has increased the prevalence rate of various types of cardiovascular diseases worldwide. An increase in the number of cases of cardiovascular diseases across the globe is expected to boost the adoption of various procedures-such as cardiac catheterizations, angioplasty, and Percutaneous Coronary Intervention (PCI)-to treat such conditions, wherein PTA balloon catheters are among the essential requirements.

The COVID-19 pandemic resulted in a decline in the number of patient encounters, leading to a reduction in the demand for surgical procedures, thereby impacting the industry growth. According to Elsevier, the number of coronary angioplasty surgeries was 11.2% in 2020, which is lower than the previously reported data. According to the National Library of Medicine, the U.S. witnessed a 52.7% decline in adult cardiac surgeries in 2020. In the later phase, as the restrictions were lifted in several countries, the volume of cardiac and peripheral surgical procedures increased. This is expected to increase the demand for angioplasty surgical devices such as PTA balloon catheters.

Request a free sample copy or view the report summary: PTA Balloon Catheter Market Report

PTA Balloon Catheter Market Report Highlights

• North America dominated the market in 2023. This can be attributed to the higher product availability, high demand for surgical procedures, and better awareness in the region
• Asia Pacific is expected to exhibit the fastest growth rate during the forecast period due to government initiatives and increasing incidence of target disorders
• Supportive government regulations to commercialize medical devices in Latin America are expected to impel industry growth. For instance, most Latin American countries only require the U.S. FDA or CE mark approval for filing marketing approvals
• Incorporation of the latest health technologies, partnerships and collaborations, product expansion, and mergers & acquisitions are some of the strategies being adopted by key players to gain a competitive edge in the market. For instance, in February 2022, Boston Scientific Corporation acquired Baylis Medical Company, Inc., a medical device company primarily providing solutions to support catheter-based left heart procedures
• The shortage of cardiac surgeons worldwide is a big concern. Low-income countries are facing this issue more severely. For instance, North Africa has only one surgeon per 1.1 million people. This is resulting in restricting the number of surgeries that could be performed, hindering industry growth

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

PTA Balloon Catheter Market Segmentation

Grand View Research has segmented the global PTA balloon catheter market based on material type, application, end-use, and region:

PTA Balloon Catheter Material Type Outlook (Revenue, USD Million, 2018 - 2030)

• Polyurethane
• Nylon
• Others

PTA Balloon Catheter Application Outlook (Revenue, USD Million, 2018 - 2030)

• Peripheral Artery Disease
• Coronary Artery Disease

PTA Balloon Catheter End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital
• Ambulatory Surgical Centers
• Others

PTA Balloon Catheter 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

List of Key Players in PTA Balloon Catheter Market

• Medtronic
• Tuermo Corporation
• Cardinal Health
• Boston Scientific Corporation.
• Natec Medical
• Cook Medical
• Biotronik
• Surmodics, Inc.
• Andratec

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 Pet Supplements Market to Account for $3.73 Billion by 2030: Grand View Research Inc.

 Pet Supplements Market Growth & Trends

The global pet supplements market size is expected to reach USD 3.73 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 5.9% from 2024 to 2030. Increasing adoption of pets globally is driving the demand for pet supplements. For instance, according to the U.S. Pet Food Industry’s pet ownership study, pet ownership rose from 67.0% of households in 2018 to an all-time high of 70% in 2020, as confirmed by the American Pet Product Association (APPA). These statistics foretell high market growth over the forecast period.

In addition, pet ownership is a common practice in various countries across the globe. For instance, according to the National Pet Owners Survey 2021-2022, 90.5 million U.S. families own a pet. With such pet ownership patterns in various countries, people are spending on pet supplements owing to their various health benefits. These supplements enhance concentration, focus, and energy levels in pets, strengthen their immune system, and improve heart health.

Based on the type, the over-the-counter (OTC) segment dominated the market and is anticipated to show similar trends during the forecast period. Numerous over-the-counter pet supplements are available which either support a particular aspect of a pet's health or provide specific nutrients. Moreover, these supplements are popular and readily & easily available at a relatively affordable price. Additionally, a wide range of pet supplements is available through various distribution channels, including online retailers, supermarkets & hypermarkets, and pet stores,.

Based on the pet type, the dogs segment held the largest revenue share in 2023 and is expected to maintain its dominance over the forecast period. Dogs are officially a man’s best friend, with more than half the world owning a dog as a pet. Increasing health concerns and overcoming pets’ health issues have allowed consumers to opt for pet supplements with complete nutritious food like vitamins and minerals. For instance, according to a study conducted by non-profit organization Kinship Partners, in February 2021, nearly 77% of pet owners in the U.S. were concerned about their pets’ health, which has substantially fueled the market growth.

Based on the form, the pills/tablets segment is projected to witness a significant growth of 6.2% during the forecast period from 2024 - 2030. Pills/tablets offer a timed release of medication, which is helpful for pets with finicky stomachs. They are also easy to carry anywhere and convenient. Such factors drive the market growth for pet supplements in pill/tablet form. Product manufacturers offer these pills/tablets in several flavors and distinctive odors, making it easier for pets to consume them, driving the segment growth.

Based on the application, digestive health segment is predicted to grow at a considerable rate of 6.6% during the forecast period. A major health problem for dogs and cats is improper digestive system function. Often, pets fall sick due to various allergies, sudden changes in the diet, or infections; hence, customers are increasingly investing in supplements. In general, supplements improving digestive health are adopted by pet owners globally. For instance, in February 2021, the Boss Dog brand launched new raw frozen meal products for dogs, which include digestive supplements and health solutions for pets.

Based on the distribution channel, the offline segment dominated the market and held the largest revenue share in 2023. Increasing consumer interest in pet nutrition and diets encourages offline retailers to stock their shelves with high-quality supplements from high-end brands. Pet owners are much more aware of the ingredients in their pet supplements, so retailers are responding to the same. For instance, Kroger has a pet department and sells a range of supplements concerning health issues such as anxiety, eye care, and hip and joint health.

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

Pet Supplements Market Report Highlights

• The prescription segment is expected to register the fastest growth during the forecast period, as they are safe, effective, and backed by clinical trials and scientific research, resulting in increased adoption and market growth
• The cat segment is projected to register the fastest growth over the forecast period, with a rise in the adoption of these animals as pets and the availability of cat wellness and care products globally
• The powder segment is anticipated to register the fastest growth during the forecast period, owing to its quick and easy absorption properties among pet animals
• The skin and coat segment is projected to register the fastest growth during the forecast period from 2024 to 2030 due to increasing skin-related problems leading to loss of body hairs among these animals
• The online channel is anticipated to register the fastest growth during the forecast years owing to promising growth exhibited by e-commerce platforms, including Amazon, Walmart, Alibaba, and other service providers
• Asia Pacific is expected to register the fastest growth during the forecast period. The growing trend of pet humanization, coupled with the rising awareness of pet dietary supplements formulated to enhance their immune systems and drive the market growth

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

Pet Supplements Market Segmentation

Grand View Research has segmented the global pet supplements market based on type, pet type, form, application, distribution channel, and region:

Pet Supplements Type Outlook (Revenue, USD Million, 2018 - 2030)

• Over-the-counter (OTC)
• Prescription

Pet Supplements Pet Type Outlook (Revenue, USD Million, 2018 - 2030)

• Dogs
• Cats
• Others

Pet Supplements Form Outlook (Revenue, USD Million, 2018 - 2030)

• Pills/Tablets
• Chewables
• Powders
• Others

Pet Supplements Application Outlook (Revenue, USD Million, 2018 - 2030)

• Skin & Coat
• Hip & Joint
• Digestive Health
• Immune Support
• Weight Management
• Oral/Dental Health
• Heart Health
• Cognitive Function
• Calming/ Anxiety & Stress Relief
• Muscle & Performance
• Eye Health
• Kidney & Liver Support
• Multivitamins
• Allergy Relief

Pets Supplements Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online
• Offline
  • Hypermarkets & Supermarkets
  • Pet Specialty Stores
  • Pharmacy & Drug Stores
  • Convenience Stores
  • Others

Pet Supplements Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Pet Supplements Market

• Nestlé S.A.
• FoodScience Corporation
• Ark Naturals
• NOW Foods
• Virbac
• Zoetis, Inc.
• Mars, Incorporated
• Pet Honesty
• Nutramax Laboratories, Inc.
• Zesty Paws

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.

Polyisobutylene Market is Estimated To Reach A Valuation of $2.53 Billion by 2028: Grand View Research Inc

 Polyisobutylene Market Growth & Trends

The global polyisobutylene market size is expected to reach USD 2.53 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2021 to 2028. The market is anticipated to expand in the years to come due to the growth of the automotive, electrical and electronics, food packaging, and building and construction industries across the globe.

Polyisobutylene exhibits low gas and moisture permeability, high thickening efficiency, good shear stability, good electrical insulation, adhesive, and tackifier properties, and resilience to UV. These properties make it suitable to manufacture filler compounds, adhesives, and sealants, tubeless tire inner lining, lubricants additives, fuel additives, wrap films, and cable insulation materials.

Major players are entering into partnerships to increase the polyisobutylene manufacturing capacity. For instance, in January 2019, Saudi Aramco and TotalEnergies entered into an agreement with Daelim Co., Ltd. to build a new polyisobutylene plant, which is expected to come on-stream in 2024. The facility will be located in Saudi Arabia and will give Daelim Co., Ltd. the opportunity to service customers in the Middle East and markets across Europe and Asia.

Polyisobutylene manufacturers are tapping the political scenarios in the region and engaging with governments to strengthen their foothold in the market. For instance, in March 2021, Kothari Petrochemicals received consent to operate for expansion from the Pollution Control Board in India. This expansion consent obtained from the government agency is expected to increase the production capacity of polybutylene.

Key polyisobutylene manufacturers are carrying out different marketing initiatives to increase their brand presence in the market. For instance, in August 2021, Chevron Oronite, a part of Chevron Corporation, sponsored and exhibited their products, including polyisobutylene, dispersants, PIBSA, and other products at the Specialty & Agro Chemicals America conference. Such initiatives are expected to result in promoting their brand in the market for polyisobutylene.

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

Polyisobutylene Market Report Highlights

• The automotive rubber components application segment is expected to register the highest revenue-based CAGR of 5.0% over the forecast period. This is attributed to the use of polyisobutylene in the inner lining of tubeless tires, which is expected to be driven by the growing demand for passenger and commercial vehicles
• By product, high molecular weight polyisobutylene dominated the market and accounted for more than 65.0% share of the overall revenue in 2020. This is attributed to its use in adhesives, fuel and lubricant additives, food-grade packaging films, and automotive rubber applications
• The increasing demand for tubeless tires in the automotive industry and the rising demand for lubricant additives are expected to drive the market for polyisobutylene
• Asia Pacific accounted for more than30.0% share of the overall revenue in 2020. This can be credited to the increasing demand for polyisobutylene from key industries, including automotive, construction, cosmetics, and aerospace, in emerging economies such as China and India

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

Polyisobutylene Market Segmentation

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

Polyisobutylene Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• High Molecular Weight
• Medium Molecular Weight
• Low Molecular Weight

Polyisobutylene Application Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

• Adhesives & Sealants
• Automotive Rubber Components
• Fuel Additives
• Lubricant Additives
• Others

Polyisobutylene Regional Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Polyisobutylene Market

• BASF SE
• Daelim Co., Ltd.
• TPC Group
• INEOS
• Kothari Petrochemicals
• Braskem
• ENEOS Corporation
• Zhejiang Shunda New Material Co., Ltd.
• Shandong Hongrui New Material Technology Co., Ltd.

About Grand View Research

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

Underwater Communication System Market Expected To Propel Industry Growth By 2030: Grand View Research Inc.

 Underwater Communication System Market Growth & Trends

The global underwater communication system market size is expected to reach USD 7.20 billion by 2030, registering a CAGR of 10.3% during the forecast period, according to a new report by Grand View Research, Inc. Underwater communication is a way of transmitting and receiving messages beneath the water surface. The use of acoustic waves rather than electromagnetic messages distinguishes underwater acoustic communication from terrestrial communication. The worldwide underwater acoustic communication market is being driven by increased undersea research operations, notably for environmental protection.

Underwater communications are classified into two types, namely, hardwired and wireless. Data is transported by cable in a hardwired connection. By removing the impact of outside elements, hardwired communications, comparable to a landline phone, provide the highest quality and most dependable kind of underwater communications. Water is used to convey data in wireless communication. Underwater wireless communications are used for environmental monitoring, underwater exploration, and scientific data collection.

One of the primary causes for the expansion of underwater communication systems is an increase in defense spending by various countries. Threats, concerns about disputed territories, and security concerns have led to an increase in worldwide defense spending. The naval defense system relies heavily on underwater communication for safety and dependability. It is used by the military to detect incursions and perform underwater surveillance.

The following are some of the benefits of an underwater communication system:

• Economy: Underwater communication systems are helpful for business applications, notably in the oil and gas industry. The ocean is rich with resources, and these systems are utilized to explore these riches. AUVs are employed in the oil and gas business, for example, to map the seabed before operations. This will keep these oil and gas professionals updated as they build pipelines and other infrastructure. This guarantees that their infrastructure is built without harming the environment.
• Scientific Exploration and Data Collecting: These systems are also highly valuable to research because they are utilized for underwater exploration and data collection. It is employed in subjects such as marine biology, archaeology, and oceanology. The undersea discoveries might be valuable to the health sector as well as in the development of current innovations.
• Environmental Monitoring: Underwater communication systems aid the government in environmental monitoring. The activities of corporations in the oil and gas sector can be monitored in terms of how they affect the environment. Environmental contamination may also be monitored and managed with these methods. Climate change is also detectable. Natural catastrophes can also be predicted by detecting early warning indications with these technologies. This minimizes the risk of such calamities occurring.
• Autonomous underwater vehicles have also been used to locate wrecked aircraft and investigate the reasons for their crashes. The development of communication systems has led to the finding of the Titanic's wreckage as well as the discovery of hydrothermal vents in the deep ocean. These devices identify items that help in mapping and discovery underwater. They are also quite dependable for rescue operations.
• In July 2022, the EU-funded SEASTAR project, a revolutionary idea that has the potential to revolutionize the aquaculture business. SEASTAR tackles the sector's lack of total digitalization, compelling aquaculture operators to perform and monitor daily responsibilities manually or by using costly in-situ interventions. SEASTAR offers operators state-of-the-art internet of things(IoT) technology with miniature wearable sensors that are put on fish. The resulting system provides an innovative underwater wireless monitoring arrangement, allowing fish farmers to remotely monitor fish health in real-time and collect relevant data (cage structural integrity and water quality) for better forecasting, risk assessment, and management for the first time.

Request a free sample copy or view the report summary: Underwater Communication System Market Report

Underwater Communication System Market Report Highlights

• The demand for underwater acoustic sensors to analyze various concentrations of pollution from chemical, biological, and radioactive contaminants is anticipated to propel the demand for underwater acoustic communication technology. Underwater acoustic digital signal processors and communications are a growing subject of applied research
• In August 2022, Stanford University researchers developed a robot capable of diving deep into sunken planes and ruins. Its operators can have the same sense as OceanOneK's underwater trips. OceanOneK's 3D camera catches the underwater environment in vivid color, and its arms and hands can reach those of a diver
• The wireless segment is estimated to hold the major market share and expand at a CAGR of 10.6% from 2023 to 2030
• The oceanography segment is projected to grow at the highest CAGR over the forecast period
• The military & defense segment is expected to grow at the highest CAGR over the forecast period.

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

Underwater Communication System Market Segmentation

Grand View Research has segmented the global underwater communication system market based on component, connectivity, application, end-user, and region:

Underwater Communication System Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware
• Software
• Services

Underwater Communication System Connectivity Outlook (Revenue, USD Million, 2017 - 2030)

• Hardwired
• Wireless

Underwater Communication System Application Outlook (Revenue, USD Million, 2017 - 2030)

• Climate Monitoring
• Environmental Monitoring
• Hydrography
• Oceanography
• Pollution Monitoring
• Others

Underwater Communication System End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Marine
• Military & Defense
• Oil & Gas
• Scientific Research & Development
• Others

Underwater Communication System Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Underwater Communication System Market

• Kongsberg Maritime
• L3Harris Technologies, Inc.
• Thales
• Saab AB
• Teledyne Marine Technologies Incorporated.
• Ultra
• Sonardyne
• Underwater Wireless Modem & Communication Devices
• Undersea Systems International, Inc.
• Sea and Land Technologies Pte Ltd.
• EvoLogics GmbH
• HYDROMEA

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.

Smoothies Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Smoothies Market Growth & Trends

The global smoothies market size is expected to reach USD 23.08 billion by 2030, growing at a CAGR of 9.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global rise in smoothie consumption is driven by a synergy of health and convenience trends. As consumers increasingly prioritize healthier lifestyles, smoothies represent a convenient and nutritious option, offering a blend of fruits, vegetables, and often protein-rich additives. The growing awareness of the importance of a balanced diet and the desire for on-the-go nutrition is expected to drive the popularity of smoothies as a quick and easy way to meet nutritional goals.

The market for smoothies has experienced significant growth in recent years, driven by increasing consumer awareness of health and wellness. As people became more conscious of their dietary choices, the demand for nutritious and convenient food and beverage options has risen. Smoothies, with their blend of fruits, vegetables, and often added supplements, cater to this demand by offering a quick and tasty way to consume essential nutrients. The penetration of smoothies into mainstream consumer preferences is evident, as they are now commonly found in cafes, juice bars, and even as pre-packaged products in grocery stores.

Manufacturers are responding to these evolving preferences by launching products that align with various health goals. For instance, in October 2022, Blender Bites, a frozen food brand, emphasized immunity support through the launch of a new product. Known for producing premium, organic, and plant-based pre-portioned frozen functional foods, especially for smoothies, the brand introduced Daily Defen-C, an innovative smoothie designed to boost immunity through high levels of vitamin A, a natural supporter of immune system function. The smoothie is also rich in vitamins C and E and includes a blend of 15 organic vitamins and minerals. To align with current health trends, Daily Defen-C incorporates popular ingredients like ginger, turmeric, and probiotics, providing a comprehensive and health-conscious option for consumers.

The market players are also targeting consumers who prioritize health-conscious and nutrient-rich options for their babies and toddlers. For instance, in January 2023, Serenity Kids, a prominent shelf-stable baby and toddler food brand, unveiled four new Dairy-Free Smoothie + Protein pouch varieties. These groundbreaking baby food products were the first in the market to incorporate protein from grass-fed collagen. The innovative flavors are Berry Butternut, Sweet Potato Spice, Pumpkin Spice, and Carrot& Beet, each offering high-quality and nutrient-rich options for babies and toddlers.

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

Smoothies Market Report Highlights

• Based on product, the fruit-based smoothie segment dominated with a revenue share of 51.6% in 2023. Fruits are widely recognized for their nutritional content, including essential vitamins, minerals, and antioxidants. This has led consumers to often associate fruit-based smoothies with health and wellness.
• The sales of smoothies through smoothie bars accounted for a 44.0% of the revenue share in 2023. Smoothie bars offer consumers the option to customize their drinks by choosing specific fruits, vegetables, bases, and add-ins.
• North America dominated the market with a revenue share of 45.5% in 2023. The increasing popularity of healthy beverages in North America is significantly contributing to the growth regional market.

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

Smoothies Market Segmentation

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

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

• Fruit-based
• Dairy-based
• Others

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

• Restaurants
• Smoothie Bars
• Supermarkets & Convenience Stores
• Others

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

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

List of Key Players in the Smoothies Market

• Barfresh Food Group, Inc.
• Bolthouse Farms
• Ella’s Kitchen Ltd
• innocent ltd
• Jamba Juice LLC
• Maui Wowi Hawaiian Coffees & Smoothies
• Smoothie King
• Suja Juice
• Tropical Smoothie Café
• The Smoothie Company

About Grand View Research

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