Quantum Computing Software Market Size Is Predicted To Reach A Valuation Of $2.51 Billion By 2030: Grand View Research Inc.

 Quantum Computing Software Market Growth & Trends

The global quantum computing software market size is anticipated to reach USD 2.51 billion by 2030 and is anticipated to expand at a CAGR of 18.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The potential of quantum computing in tackling sustainability and climate change issues is examined in this new trend. Utilizing quantum algorithms, researchers hope to improve environmental forecasts, optimize energy allocation, and simulate intricate climate models. This movement aims to speed up scientific progress in sustainability by utilizing the computational capacity of quantum computing to provide innovative solutions for resource optimization and environmental conservation.

The healthcare sector is projected to experience the most significant compound annual growth rate (CAGR) in the upcoming period. Quantum computing technology enables scientists to create ultra-precise and ultra-personalized medicinal and diagnostic instruments. Moreover, magnetic resonance imaging (MRI) devices can employ quantum sensors to provide incredibly accurate readings. Improved healthcare services can be a result of these improvements. Within the healthcare sector, quantum computing finds several uses in areas such as targeted cancer therapeutic therapies, protein modeling, DNA analysis, and radiotherapy treatment optimization.

The European market anticipates a consistent and rapid surge in revenue growth throughout the projected period. The trend toward quantum cloud services has begun to gain momentum in Europe, where several businesses are providing cloud platforms for remote access to quantum computing resources. By enabling researchers, companies, and developers to experiment with quantum algorithms and applications without needing on-site infrastructure, these services seek to democratize access to quantum computing. Larger companies like IBM and Microsoft, as well as startups like Xanadu, are setting the standard for cloud-based quantum computing resource distribution throughout Europe, encouraging creativity and teamwork.

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Quantum Computing Software Market Report Highlights

• The service segment dominated the component segment with more than 63.0% share in 2023 and has noticed an increase in the demand for specialized quantum algorithm development services for customized industry applications
• The optimization segment held the largest market share in 2023. The optimization segment of the market is witnessing a prominent trend toward hybrid approaches that combine classical and quantum methodologies
• The BFSI segment held the largest market in 2023 in the end-use segment. The BFSI segment of the market is seeing a rise in the creation of quantum-resistant cryptography solutions because of worries about data security
• North America’s market's revenue growth is witnessing a surge in the creation of quantum algorithms tailored to the finance, logistics, and cybersecurity sectors
• In June 2021, Honeywell revealed plans for the merger of Cambridge Quantum Computing (CQC) and Honeywell Quantum Solutions (HQS) to establish a leading standalone quantum computing enterprise globally. This move is poised to pave the way for the projected growth of a quantum computing industry valued at USD 1 trillion within the next thirty years

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

Quantum Computing Software Market Report Segmentation

Grand View Research has segmented the global quantum computing software market based on component, deployment, technology, application, end-use, and region:

Quantum Computing Software Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
• Services

Quantum Computing Software Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• On-Premises
• Cloud

Quantum Computing Software Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Superconducting Qubits
• Trapped Ions
• Quantum Annealing
• Others

Quantum Computing Software Application Outlook (Revenue, USD Million, 2017 - 2030)

• Optimization
• Simulation
• Machine Learning
• Others

Quantum Computing Software End-Use Outlook (Revenue, USD Million, 2017 - 2030)

• Aerospace & Defense
• BFSI
• Healthcare
• Automotive
• Energy & Power
• Chemical
• Government
• Others

Quantum Computing Software Region Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Quantum Computing Software Market

• 1QBIT
• Accenture PLC
• AWS Inc.
• Cambridge Quantum Computing
• D-Wave Systems
• Fujitsu Ltd.
• Google LLC
• Honeywell Inc.
• Huawei Technology Co. Ltd.
• IBM Corporation
• Microsoft Corporation
• QC Ware
• Rigetti Computing
• Riverlane
• Zapata Computing

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.

Polyethylene Market To Hold a High Potential for Growth by 2030: Grand View Research Inc.

 Polyethylene Market Growth & Trends

The global polyethylene market size is anticipated to reach USD 213.77 billion by 2030, growing at a CAGR of 5.0% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is driven by the increasing consumption of plastics in the automotive, medical, construction, and electrical & electronics industries. Moreover, the increasing demand for lightweight materials in the automotive industry contributes to industry growth. Polyethylene (PE)  is commonly used for manufacturing lightweight plastics, films, and foams used in vehicles.

The emphasis of the automotive industry on enhancing the fuel efficiency of vehicles by reducing their weight leads to the adoption of PE in this industry. As recycling technologies advance, the PE market adapts to integrate more recycled content into its products, contributing to a more circular and resource-efficient approach. Government policies and regulations supporting sustainable practices further bolster the demand for recycled PE. The circular economy encourages the collection, separation, and reprocessing of used PE products, diverting them from landfills.

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Polyethylene Market Report Highlights

• High-density Polyethylene (HDPE) dominated the product segment with more than 49.0% share in 2023. The demand for efficient and long-lasting solutions in water infrastructure and agriculture enhances the growth prospects of the HDPE segment
• The Linear Low-density Polyethylene (LLDPE) type segment is expected to grow at the fastest CAGR of 5.5% over the forecast period
• The bottles & containers application segment held a substantial market share in 2023. The sustainability trend in the packaging industry contributes to the growth of this segment
• The use of recyclable materials is growing due to environmental concerns. The recyclability and compatibility of PE with recycling processes are essential for eco-conscious industries and consumers
• Asia Pacific dominated the global market in 2023. The growing manufacturing industry in Asia Pacific is anticipated to drive the demand for PE
• In October 2023, Borealis AG and TotalEnergies SE announced plans to construct a USD 1.4 billion Borstar PE unit within their Baystar joint venture. This PE unit, boasting a capacity of 625,000 metric tons annually, marks a significant increase, doubling the current production capabilities at the Baystar site including two existing PE production units

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

Polyethylene Market Segmentation

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

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

• Low-density Polyethylene (LDPE)
• High-density Polyethylene (HDPE)
• Linear Low-density Polyethylene (LLDPE)

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

• Bottles & Containers
• Films & Sheets
• Bags & Sacks
• Pipes & Fittings
• Other Applications

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

• Packaging
• Construction
• Automotive
• Agriculture
• Consumer Electronics
• Other End-uses

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

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

List of Key Players in the Polyethylene Market

• BASF SE
• Borealis AG
• Braskem
• Dow
• Exxon Mobil Corporation
• Formosa Plastics
• INEOS Group
• LG Chem
• LyondellBasell Industries Holdings B.V.
• Mitsubishi Chemical Corporation
• MOL Group
• SABIC
• China Petrochemical Corporation (Sinopec)

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.

Smart Building Market Soaring Demand Assures Motivated Revenue Share By 2030

 Smart Building Market Growth & Trends

The global smart building market size is expected to reach USD 450.53 billion by 2030 and grow at a CAGR of 26.5% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. Governments of various countries are taking supportive initiatives for digitalization, and significantly launching projects of smart cities is propelling the market growth. The rising public and private investment in digital infrastructure is also contributing to the growth of the market. Furthermore, the growing need among the commercial sector to optimize energy consumption, enhance operational efficiency, and automate processes has escalated the market growth.

The market for smart buildings is growing primarily as a result of the quickening pace of technological advancement. In the future years, it is anticipated that advances in artificial intelligence research will lay the groundwork for the creation of game-changing technologies that will greatly improve human lifestyles. In addition to helping people adapt to changing lifestyles and vocations, big data, cloud computing, and Internet of Things (IoT) technologies also help to improve workplaces and individualized working environments. For instance, in March 2023, ABB launched a new smart building management tool that allows emission reduction and significant energy savings. The ABB AbilityTM Building Analyzer provides crucial information on building utilization and utility consumption for facility managers aiming for energy savings.

Furthermore, various Asia Pacific countries are taking supportive initiatives to improve digital technology adoption without compromising consumer data privacy, is supporting the market growth. For instance, in May 2022, AVEVA Group plc announced a merger with Namchi (Sikkim) Smart City, a smart India city mission. The main aim of the merger was to develop a digital platform and integrated cross-city command center to streamline and improve municipal services. To save energy, the city upgraded the existing city infrastructure. The city has reduced energy use by 20% while improving the standard of living for its growing population by utilizing smart technology. It intends to promote tourism and spur economic development.

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Smart Building Market Report Highlights

• The energy management segment is expected to observe a CAGR of 27.7% during the forecast period. The growing demand for Heating, Ventilation, and air Conditioning (HVAC) management and smart lighting is creating robust opportunities for segment growth. Smart HVAC technology in buildings can reduce energy costs, reduce staff workload, and provide better employee comfort. Smart HVAC and lighting solutions are integrated with sensors and IoT devices to provide real-time monitoring and control of the building
• The support & maintenance services segment is expected to observe a CAGR of 29.8% during the forecast period. Support and maintenance services play a vital role in keeping the smart building solutions maintained & updated, reducing operating costs, and assisting smart building owners & operators to improve the overall operational efficiency of the building
• The industrial segment is expected to witness significant growth of a CAGR of 25.3% during the forecast period. Shifting various end-use industries focus on smart manufacturing and supportive government initiatives for digitalization is propelling the segment growth
• The Asia Pacific digital twin market is expected to observe a CAGR of 28.5% during the forecast period. The significant regional growth can be attributed to the rising concerns related to energy consumption among buildings, supportive government initiatives for smart cities, and the emergence of Artificial Intelligence (AI), cloud computing, and Internet-of-Things (IoT) technologies
• Key market players in the market are adopting various business strategies to improve their position and customer base in the market. For instance, in March 2022, Emerson Electric Co. partnered with Itron, Inc. to develop smart thermostats for Distributed Energy Resource (DER), Bring Your Own Device(BYOD), and Demand Response (DR). Both companies integrated their solutions into energy management systems for efficient temperature control. This partnership helped the former company improve smart thermostat sales in the market. 

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

Smart Building Market Segmentation

Grand View Research has segmented the global smart building market based on solution, service, end use, and region:

Smart Building Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Safety & Security Management
  • Access Control System
  • Video Surveillance System
  • Fire and Life Safety System
• Energy Management
  • HVAC Control System
  • Lighting Management System
  • Others (Data Management, Asset Performance Optimization, and Application Platform)
• Building Infrastructure Management
  • Parking Management System
  • Water Management System
  • Others (Elevators and Escalators Management and Waste Management)
• Integrated Workplace Management System (IWMS)
  • Real Estate Management
  • Capital Project Management
  • Facility Management
  • Operations and Services Management
  • Environment and Energy Management
• Network Management
  • Wired Technology
  • Wireless Technology

Smart Building Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Consulting
• Implementation
• Support & Maintenance

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

• Residential
• Commercial
  • Healthcare
  • Retail
  • Academic
  • Others (Hotels, Public Infrastructure, and Transport)
• Industrial

Smart Building Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in Smart Building Market

• ABB Ltd.
• BOSCH
• Cisco Systems Inc.
• Emerson Electric Co.
• Hitachi, Ltd.
• Honeywell International Inc.
• INTEL Corporation
• Johnson Controls
• KMC Controls
• LG Electronics Inc.
• Legrand
• Schneider Electric SE
• Siemens
• Sierra Wireless
• Telit

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.

Custom Procedure Kits Market To Benefit from Increased Global Uptake of 2023 By 2030

 Custom Procedure Kits Market Growth & Trends

The global custom procedure kits market size is anticipated to reach USD 15.30 billion by 2030 to expand at a CAGR of 10.95% from 2023 to 2030 according to a new report by Grand View Research, Inc. Key drivers which are anticipated to contribute to custom procedure kits market growth include rising chronic diseases, an increasing number of non-surgical & surgical treatments, high unmet medical needs in emerging & low-growth economies, rising geriatric population, for instance, according to WHO, by 2030 one in every six people globally will be aged 60 years and above.

Furthermore, the introduction of minimally invasive and noninvasive surgeries has led to an increase in the number of surgeries being performed in a year. Patients prefer non-invasive or minimally invasive surgical procedures, owing to the high threat of infections with invasive surgical procedures. In addition, noninvasive surgical treatment requires a shorter hospital stay, thus saving time and medical costs. Furthermore, a rise in the number of road accidents, an aging population, and growing healthcare expenditure in emerging economies are likely to boost the number of surgeries being performed in the forecast period.

Key players are involved in adopting strategies, such as partnerships, mergers & acquisitions, and new product launches, to strengthen their foothold in the custom procedure kits market. For instance, in September 2022, Teleflex Incorporated announced the acquisition of Standard Bariatrics, Inc. to expand its surgical portfolio with various stapling technology which is used in bariatrics procedures. Such advancements are anticipated to contribute to the custom procedure kits market growth.

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Custom Procedure Kits Market Report Highlights

• Based on product, the market has been segmented into disposable and reusable. The reusable segment is expected to be expected at the highest CAGR of 11.32% during to forecast period. The increasing frequency of hospital admission due to the high prevalence of chronic diseases, and fatal injuries as well as the aging population is anticipated to fuel more disposable waste. Thus, to lower the environmental effect, healthcare providers would slowly shift towards reusable kits.
• Based on procedures, others are expected to grow at the highest CAGR of 11.71% during to forecast period. Key drivers which are anticipated to fuel the segment growth include growing demand for aesthetic appearance in the population, as well as increasing medical tourism.
• Based on the end-user, the hospitals segment held the largest share of around 45.79%, in terms of revenue. This is due to the increasing number of hospitals globally, and rising government funding for hospitals. For instance, the Australian government provides 41% of the public hospital funding and 24% of the private hospital funding.
• Asia Pacific is expected to expand at the highest CAGR of 12.45% during to forecast period owing to various factors such as growth in medical facilities, the presence of a large population suffering from chronic disorders, and the launch of new products.

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

Custom Procedure Kits Market Segmentation

Grand View Research has segmented the global custom procedure kits market based on product, procedure, end-user, and region:

Custom Procedure Kits Product Outlook (Revenue; USD Million; 2018 - 2030)

• Disposable
• Reusable

Custom Procedure Kits Procedure Outlook (Revenue; USD Million; 2018 - 2030)

• Colorectal
• Thoracic
• Orthopedic
• Ophthalmology
• Neurosurgery
• Cardiac Surgery
• Gynecology
• General Surgery
• Urology
• Others

Custom Procedure Kits End-user Outlook (Revenue; USD Million; 2018 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

Custom Procedure Kits Regional Outlook (Revenue; USD Million; 2018 - 2030)

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

List of Key Players in the Custom Procedure Kits Market

• Mölnlycke Health Care
• Medline Industries
• Teleflex Incorporated
• Owens & Minor
• Medtronic
• Cardinal Health
• McKesson Corporation
• Smith’s Medical (ICU Medical, Inc.)
• Terumo Cardiovascular Systems Corporation
• Santex S.p.A.

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.

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.

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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

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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.

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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.

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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

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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.

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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

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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.

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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

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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.

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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

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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.