Friday, 17 May 2024

Cytosine Market Revenue is Expected to Reach $654.81 Million by 2030: Grand View Research Inc.

 Cytosine Market Growth & Trends

The global cytosine market size is estimated to reach USD 654.81 million by 2030, and is expected to grow at a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the extensive product usage in various applications in end-use industries, such as pharmaceuticals, agriculture, and chemicals. The pharmaceutical industry is a major end-user of the market. Cytosine is a nucleotide base, which is utilized in the synthesis of various pharmaceutical products, including antiviral drugs, anticancer agents, and nucleoside analogues. The emphasis on genomics and personalized medicine within the industry has further increased product demand.

Genomic research requires the analysis of DNA sequences, and it is one of the four nucleotide bases that make up DNA. Cytosine's role in genomic sequencing and analysis makes it indispensable for understanding genetic variations and developing targeted therapies. The global industry presents opportunities for R&D to explore new applications and optimize the properties of itself as well as its derivatives. Ongoing research can focus on enhancing the efficacy, bioavailability, and safety profiles of its analogs, leading to improved treatment options for HIV/AIDS patients. In addition, research can explore its potential use in combination therapies and novel drug delivery systems. The product demand as an intermediate has been on the rise, particularly in the field of personalized medicine and genetic testing.

This growing demand can contribute to upward pressure on the prices of cytosine. Versatile nature and utility of the product, as well as rising demand for innovative pharmaceuticals, has led to it being used in intricate processes in drug development directed toward varied ailments and health conditions. The agriculture segment primarily revolves around utilizing other nucleotide bases in agricultural applications. Cytosine plays a crucial role in crop improvement and breeding programs. Genetic variations and mutations in cytosine and other nucleotide bases are essential for traditional crop breeding, allowing the development of improved crop varieties with desirable traits, such as disease resistance, increased yield, and enhanced nutritional content.

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Cytosine Market Report Highlights

  • Pharmaceuticals will emerge as the fastest-growing end-use segment with a CAGR of 9.8% from 2024 to 2030 due to cytosine’s crucial role in the development of nucleic acid-based therapeutics
  • Europe is expected to register the fastest CAGR of 10.3% from 2024 to 2030 due to the presence of well-established end-user industries, such as pharmaceuticals and chemicals
  • Cytosine is a fundamental component in plant genomics and molecular biology research. Plant scientists utilize cytosine and other nucleotide bases to study the structure, function, and interactions of plant genes
  • The product consumption is subjected to various policies/regulations that need to be followed. Some of the major regulations are Sanitary and Phytosanitary Measures (SPS) Agreement, Intellectual Property Rights (IPR), and Pricing and Reimbursement policies. In some cases, these policies/regulations pose a challenge to industry growth
  • Numerous innovations are taking place that revolve around product usage, especially for the synthesis of drugs targeting various ailments
  • For example, in January 2023, Cambridge Epigenetix, a UK-based company specializing in DNA sequencing technology, recently underwent rebranding and is now known as Biomodal. As a part of this rebranding, the company has launched a new product that offers a streamlined sequencing workflow capable of capturing both genetic & epigenetic information within DNA

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

Cytosine Market Segmentation

Grand View Research has segmented the global cytosine market on the basis of end-use and region:

Cytosine End-use Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

  • Chemical Industry
  • Pharmaceutical
  • Agriculture
  • Other End-uses

Cytosine Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

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

List of Key Players in Cytosine Market

  • Spectrum Chemical
  • Tuoxin Pharmaceutical
  • VIVAN Life Sciences
  • KANTO KAGAKU
  • Tokyo Chemical Industry Co., Ltd.
  • SIELC Technologies
  • Santa Cruz Biotechnology, Inc.
  • FUJIFILM Wako Pure Chemical Corporation

About Grand View Research

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

Micro-mobility Market Expected To Trigger A Revenue To USD 69.32 Billion By 2028: Grand View Research, Inc.

 Micro-mobility Market Growth & Trends

The global micro-mobility market size is expected to reach USD 69.32 billion by 2028, registering a CAGR of 13.7%, from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The growing carbon emission by traditional fuel-based vehicles has been a key concern for government authorities. The sustainability move toward smart cities is one of the key factors responsible for the adoption of eco-friendly and cost-effective transportation. Since the electric kick scooters, electric bicycles, and electric skateboards run on batteries, there are no carbon or gaseous emissions from these vehicles. This mode of transportation is gaining popularity amongst environmentally conscious commuters. Adopting such eco-friendly vehicles not only reduces the carbon and sulfur emissions in the atmosphere but also decreases fuel consumption. Furthermore, these vehicles use ultra-quiet chains for operating the electric motor, thereby facilitating noise-free rides.

The market growth can be attributed to the growth of the shared micro-mobility service industry across the world, which has spurred the demand for electric kick scooters, electric bicycles, and electric skateboards. Companies such as Bird Rides, Inc.; Lime; Spin; and Uber Technologies Inc. offering electric scooter-sharing services, are procuring electric kick scooters mainly from manufacturers such as Ninebot-Segway, Yadea Technology Group Co., Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., and Xiaomi.

Furthermore, the penetration of electric kick scooter-sharing services is witnessing an exponential adoption rate since 2016. Companies such as YoBike and Pony Bikes; Urbo Solutions and Bleeper Bikes; and Bykeare offering electric bicycle-sharing services across Europe. The growth of the market can be attributed to the increasing adoption of scooters and bicycles as the preferred mode of transportation, especially from the time when electric kick scooters and electric bicycles entered this market space.

The Asia Pacific region is expected to emerge as the prominent region with China as the largest electric kick scooters market owing to the presence of several electric kick scooter manufacturers such as JIANGSU XINRI E-VEHICLE CO., Air wheel Holding Limited, Yadea Technology Group Co., Ltd., LTD., and Xiaomi in China. The country accounted for the largest share of the market in 2020. Moreover, the regional market growth can be attributed to the increasing need for reducing carbon emissions and developing technologically advanced and fast-charging stations.

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Micro-mobility Market Report Highlights

  • The electric bicycle segment dominated the market in 2020 and is expected to reach USD 62.52 billion by 2028
  • The sealed lead-acid battery segment dominated the market in 2020 and is expected to reach USD 36.68 billion by 2028
  • Asia Pacific is projected to account for the largest market share and is expected to reach USD 32.01 billion by 2028
  • Some of the prominent participants in the industry are Yadea Technology Group Co. Ltd.; JIANGSU XINRI E-VEHICLE CO., LTD.; Xiaomi; SEGWAY INC.; SWAGTRON; Boosted USA; Airwheel Holding Limited; YAMAHA MOTOR CO. LTD.; Accell Group; and Derby Cycle

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

Micro-mobility Market Segmentation

Grand View Research has segmented the global micro-mobility market based on vehicle type, battery, voltage, and region:

Micro-mobility Vehicle Type Outlook (Revenue, USD Million, 2018 - 2028)

  • Electric Kick Scooters
  • Electric Skateboards
  • Electric Bicycles

Micro-mobility Battery Outlook (Revenue, USD Million, 2018 - 2028)

  • Sealed Lead Acid
  • NiMH
  • Li-Ion

Micro-mobility Voltage Outlook (Revenue, USD Million, 2018 - 2028)

  • Below 24V
  • 36V
  • 48V
  • Greater than 48V

Micro-mobility Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Micro-mobility Market

  • Yadea Technology Group Co., Ltd.
  • JIANGSU XINRI E-VEHICLE CO., LTD.
  • Xiaomi
  • SEGWAY INC.
  • SWAGTRON
  • Boosted USA
  • Airwheel Holding Limited
  • YAMAHA MOTOR CO., LTD.
  • Accell Group
  • Derby Cycle

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.

Craniomaxillofacial Devices Market Key Players, Industry Size And Forecast : Grand View Research Inc.

Craniomaxillofacial Devices Market Growth & Trends

The global craniomaxillofacial devices market size is expected to reach USD 3.5 billion by 2030, registering CAGR of 9.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Craniofacial surgery treats conditions that affect the head, skull, face, and neck. The rise in the number of facial and head injuries caused due to the road accidents and rise in the number of sports-related injuries expected to boost demand for the craniomaxillofacial devices. Apart from this, increase in the usage of minimally invasive surgeries is also one of the key factors expected to support the market growth.

Organizations such as the American Society of Craniofacial Surgery (ASCFS) and the International Society of Craniofacial Surgery (ISCFS) are conducting a research program in a probe to increase awareness of CMF surgeries, boosting consumer awareness about the craniomaxillofacial devices.

Neck injuries are one of the most common types of injuries in vehicle accidents. Over 800, 000 cases of vehicle crashes involving neck injuries reported per year in the U.S. Apart from this, sports injuries, car accidents, and falls were some of the leading causes of head injuries in the country. Hence, the U.S. expected to be a key market for the craniomaxillofacial device manufacturers.

Outbreak of the COVID-19 caused the cancellation and rescheduling of the elective surgical procedures, at a global level. For surgeons working in the craniomaxillofacial (CMF) field, surgical procedures were limited to urgent cases such as oncological procedures, emergent airway management, and surgical management of the facial fractures.

As the virus, transmission was high in CMF procedures, various professional societies in the fields of dentistry maxillofacial surgery recommended limited uptake of craniomaxillofacial procedures, which limited the demand for craniomaxillofacial devices in 2020. However, the market has shown significant recovery in 2021 as medical surgeries resumed under strict COVID-19 protocols.

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Craniomaxillofacial Devices Market Highlights

  • In 2022, the CMF plate and screw fixation segment dominated the market due to the rise in the number of surgeries requiring bone stabilization
  • Technological advancements in bio absorbable material make it the fastest-growing during the forecast period
  • Temporomandibular Joint Replacement segment expected to witness the highest growth during the forecast period
  • The neurosurgery and ENT surgery segment expected to show lucrative growth due to an increase in the volume of surgical procedures pertaining to trauma and the adoption of deep brain stimulation procedures
  • Asia Pacific market is expected to be the fastest-growing during the forecast period due to the presence of untapped opportunities and constantly improving healthcare infrastructure

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

Craniomaxillofacial Devices Market Segmentation

Grand View Research has segmented the global craniomaxillofacial devices market based on the product, material, application, and region:

Craniomaxillofacial Devices Product Outlook (Revenue, USD Million; 2018 - 2030)

  • Cranial Flap Fixation
  • CMF Distraction
  • Temporomandibular Joint Replacement
  • Thoracic Fixation
  • Bone Graft Substitute
  • CMF Plate and Screw Fixation

Craniomaxillofacial Devices Material Outlook (Revenue, USD Million; 2018 - 2030)

  • Metal
  • Bio absorbable material
  • Ceramics

Craniomaxillofacial Devices Application Outlook (Revenue, USD Million; 2018 - 2030)

  • Neurosurgery & ENT
  • Orthognathic and Dental Surgery
  • Plastic surgery

Craniomaxillofacial Devices Regional Outlook (Revenue, USD Million; 2018 - 2030)

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

List of key players in Craniomaxillofacial Devices Market

  • DePuy Synthes (J&J),
  • Stryker
  • Medtronic
  • Braun Melsungen AG
  • Reni Shaw Plc.
  • Medartis AG
  • KLS Martin Group
  • Xilloc Medical B. V
  • Synimed
  • Zimmer-Biomet

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.

Monday, 13 May 2024

Protein Ingredients Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

 Protein Ingredients Market Growth & Trends

The global protein ingredients market size is expected to reach USD 85.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.

Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.

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Protein Ingredients Market Report Highlights

  • By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment
  • Animal/dairy proteins held the largest revenue share of over 70.0% in 2020 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers
  • North America dominated the market with more than 40.0% share of the global revenue in 2020 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market
  • The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

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

Protein Ingredients Market Segmentation

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

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Plant Proteins
    • Cereal-based
    • Legumes-based
    • Root-based
    • Nuts & Seeds-based
    • Ancient Grains
  • Animal/Dairy Proteins
    • Egg Protein
    • Milk Protein Concentrates/Isolates
    • Whey Protein Concentrates
    • Whey Protein Hydrolysates
    • Whey Protein Isolates
    • Gelatin
    • Casein/Caseinates
    • Collagen Peptides
  • Microbe-based Proteins
    • Algae
    • Bacteria
    • Yeast
    • Fungi
  • Insect Protein
    • Coleoptera
    • Lepidoptera
    • Hymenoptera
    • Orthoptera
    • Hemiptera
    • Diptera
    • Others

Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Food & Beverages
    • Bakery & Confectionery
    • Beverages
    • Breakfast Cereals
    • Dairy Alternatives
    • Dietary Supplements/Weight Management
    • Meat Alternatives & Extenders
    • Snacks
    • Sports Nutrition
    • Others
  • Infant Formulations
  • Clinical Nutrition
  • Animal Feed
  • Others

Protein Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa (MEA)

List of Key Players of Protein Ingredients Market

  • DuPont
  • Rousselot
  • Archer Daniels Midland Company
  • Burcon NutraScience
  • Tessenderlo Group
  • Kewpie Corporation
  • Roquette Frères
  • The Scoular Company
  • CHS Inc.
  • Mead Johnson & Company, LLC

About Grand View Research

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

IoT Microcontroller Market Set to Surge Significantly During 2023-2030: Grand View Research Inc.

 IoT Microcontroller Market Growth & Trends

The global IoT microcontroller market size is expected to reach USD 12.94 billion by 2030, expanding at a CAGR of 13.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in adoption of smart home devices integrated with mobile applications and advancements in low power Microcontroller (MCU) are expected to drive the market growth. The surge in the number of enterprise IoT connections across industries such as manufacturing, healthcare, and energy and power is also expected to drive the growth of the market over the forecast period.

Advancements in short-range wireless connectivity such as Zigbee, Bluetooth, and KNX technologies, notably in Europe and North America also expected to drive IoT adoption over the next few years. Advancements in disruptive technologies such as big data analytics, Artificial Intelligence (AI), and industrial IoT are further expected to propel the adoption of IoT-connected devices. Increasing investments through funding in start-ups such as Hypervolt, HIXAA, SmartRent, and other SMEs that help to gain new IoT-based projects in industries likely to create the need for a high-performance, low-power IoT MCUs market over the forecast period.

Key IoT MCU manufacturers such as RENESAS Electric Corporation, NXP Semiconductors, and STMicroelectronics are innovating high-performance MCUs to meet the demand. For instance, in 2022, Renesas Electric Corporation launched the 32-bit RA Family of microcontrollers (MCUs). The launched product is based on the Arm Cortex-M23 core, which offers shallow power consumer MCUs developed explicitly for IoT endpoint applications, including industrial automation, medical devices, intelligent home appliances, and wearables.

The COVID-19 outbreak positively impacted the IoT MCU market in 2020. Government-imposed restrictions and stay-at-home mandates increased the demand for smart wearables, including fitness trackers, health-based wearables, and other consumer IoT devices. Due to a sudden increase in demand for consumer IoT devices and a temporary halt of production units, the market experienced a shortage of MCUs in 2021, creating an imbalance in supply and demand. In light of these factors, device manufacturers are expected to hike the connected product prices in 2022, which is likely to continue until 2023. 

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IoT Microcontroller Market Report Highlights

  • 32-bit captured more than 47% market share of the overall IoT MCU market in 2022, with the market size expected to register a healthy CAGR over the forecast period. An increase in the adoption of smart utilities and industrial robotics is expected to drive market growth over the forecast period
  • The industrial automation segment dominated the market with a revenue share of 33.1% in 2022. Industrial automation aims to streamline processes, increase operational efficiency, and improve productivity
  • Asia Pacific led the market in 2022, a trend expected to continue over the mid-term. Adding to this, increasing government initiatives to develop innovative and connected infrastructure signifies market growth

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

IoT Microcontroller Market Segmentation

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

IoT Microcontroller Product Outlook (Revenue; USD Million, 2017 - 2030)

  • 8-Bit
  • 16-Bit
  • 32-Bit

IoT Microcontroller Application Outlook (Revenue; USD Million, 2017 - 2030)

  • Industrial Automation
  • Smart Homes
  • Consumer Electronics
    • Smartphones
    • Wearables
    • Others
  • Others 

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

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

List of Key Players in the IoT Microcontroller Market

  • Broadcom
  • Espressif Systems 
  • Holtek Semiconductor Inc.
  • Infineon Technologies
  • Microchip Technology Inc.
  • Nuvoton Technology Corporation
  • NXP Semiconductors
  • Silicon Laboratories
  • STMicroelectronics
  • Texas Instruments Incorporated
  • Renesas Electronics Corporation

About Grand View Research

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

Viral Vectors And Plasmid DNA Manufacturing Market Size Is Predicted To Reach A Valuation Of $19.5 Billion By 2030: Grand View Research Inc.

 

Viral Vector And Plasmid DNA Manufacturing Market Growth & Trends

The global viral vector and plasmid DNA manufacturing market size is anticipated to reach USD 19.5 billion by 2030 and it is projected to grow at a CAGR of 20.2% from 2024 - 2030, according to a new report by Grand View Research, Inc. With the increasing demand for plasmid DNA and viral vectors for gene therapy, industry leaders have launched new technologies to boost plasmid DNA manufacturing. For instance, in April 2018, GE Healthcare Life Sciences introduced KUBio BSL 2, a prefabricated, modular bioprocessing facility for the production of oncolytic viruses, cell and gene treatments, and immunizations based on viral vectors.

With the increase in investments in cell and gene therapy research space, there is unprecedented demand for viral vectors in the market. Owing to this, various organizations are providing funds to accelerate developments in the manufacturing processes for these vectors. For instance, in September 2019, Next Generation Manufacturing Canada provided USD 1.89 million to a consortium led by iVexSol Canada. This fund was provided for the development of an advanced manufacturing process for lentiviral vectors. 2iVexSol Canada is a vector manufacturing company that has collaborated with several companies to develop an advanced LVV manufacturing platform.

Moreover, the major companies operating in this market, such as Thermo Fisher Scientific, QIAGEN NV, Agilent Technologies, Takara Bio, Inc., and Oxford Biomedica, are focusing on developing new gene delivery platforms. These companies are making huge investments to scale up the production of biological gene delivery systems to meet the increasing market demand. For instance, in May 2020, Takara Bio, Inc. completed the Center for Gene and Cell Therapy Processing II (CGCPII) construction in Shiga, Japan. This center is an addition to its GMP viral vector production facility. Similarly, in May 2020, Thermo Fisher Scientific also invested USD 180 million to scale up its viral vector manufacturing capacity twofold. Such increasing initiatives are anticipated to propel market growth in the forecast period.

Furthermore, large-scale production of viral vectors is facing challenges in upstream and downstream processing. In upstream processes, the method used for viral vector production is one of the major hurdles for manufacturers. Reproduction of adherent cell cultures at a large scale is a key concern that needs to be addressed. Thus, researchers are trying to grow these cells using large bioreactors. In addition, there is a need for a better understanding of the purity of these vectors in downstream processing.

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Viral Vector And Plasmid DNA Manufacturing Market Report Highlights

  • Based on the vector type, the adeno-associated virus (AAV) segment dominated the market with a 20.0% revenue share in 2023 due to high demand, and their usage in clinical trials is growing
  • Based on the workflow, the downstream processing segment led the market in 2023 with the largest revenue share in workflow segment due to advancements in downstream processing technologies and the adoption of single-use systems
  • Based on the application, the vaccinology segment dominated the application segment in 2023 with the largest revenue share, and cell therapy is expected to grow at fastest CAGR during the forecast period
  • Based on the end-use, the research institutes segment dominated the market with the largest revenue share in 2023. On the other hand, the pharmaceutical and biopharmaceutical companies are expected to grow at a fastest CAGR over the forecast period
  • In terms of disease, the cancer segment dominated the market with the largest revenue share in 2023 and it is anticipated to grow at fastest CAGR during the forecast period
  • North America dominated the market owing to factors such as the significant burden of cancer, and infectious diseases, high purchasing power parity, government support for quality healthcare, and availability of reimbursement

Access Press Release@ https://www.grandviewresearch.com/press-release/global-viral-vector-plasmid-dna-manufacturing-market

Viral Vector and Plasmid DNA Manufacturing Market Segmentation

Grand View Research has segmented the global viral vector and plasmid DNA manufacturing market based on the vector type, workflow, application, end-use, disease, and region:

Viral Vector and Plasmid DNA Manufacturing Vector Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Adenovirus
  • Retrovirus
  • Adeno-Associated Virus (AAV)
  • Lentivirus
  • Plasmids
  • Others

Viral Vector and Plasmid DNA Manufacturing Workflow Outlook (Revenue, USD Billion, 2018 - 2030)

  • Upstream Manufacturing
    • Vector Amplification & Expansion
    • Vector Recovery/Harvesting
  • Downstream Manufacturing
    • Purification
    • Fill Finish

Viral Vector and Plasmid DNA Manufacturing Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Antisense & RNAi Therapy
  • Gene Therapy
  • Cell Therapy
  • Vaccinology
  • Research Applications

Viral Vector and Plasmid DNA Manufacturing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Pharmaceutical and Biopharmaceutical Companies
  • Research Institutes

Viral Vector and Plasmid DNA Manufacturing Disease Outlook (Revenue, USD Billion, 2018 - 2030)

  • Cancer
  • Genetic Disorders
  • Infectious Diseases
  • Others

Viral Vector and Plasmid DNA Manufacturing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Viral Vector and Plasmid DNA Manufacturing Market

  • Merck KGaA
  • Lonza
  • FUJIFILM Diosynth Biotechnologies
  • Thermo Fisher Scientific
  • Cobra Biologics
  • Catalent Inc.
  • Wuxi Biologics
  • Takara Bio Inc.
  • Waisman Biomanufacturing
  • Genezen laboratories
  • Batavia Biosciences
  • Miltenyi Biotec GmbH
  • SIRION Biotech GmbH
  • Virovek Incorporation
  • BioNTech IMFS GmbH
  • Audentes Therapeutics
  • BioMarin Pharmaceutical
  • RegenxBio, 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.

Friday, 10 May 2024

Supplements And Nutrition Packaging Market Major Key Players And Latest Trend Analysis Till 2030: Grand View Research Inc.

 Supplements And Nutrition Packaging Market Growth & Trends

The global supplements and nutrition packaging market size is expected to surpass USD 35.07 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% from 2023 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.

The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.

Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.

According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.

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Supplements And Nutrition Packaging Market Report Highlights

  • In terms of revenue, the secondary & tertiary packaging type is projected to ascend at the highest CAGR of 5.2% over the forecast period. The secondary & tertiary packaging protect the primary packaging and assists in smooth and damage-free transportation of the products throughout the supply chain. The expanding e-commerce business is driving demand for secondary & tertiary packaging
  • Plastic segment accounted for the largest revenue share of 77.4% in 2022. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
  • Supplements & nutrition packaging in Asia Pacific was valued at USD 11.46 million in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
  • The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packagingsolutions such as stand-up pouches, sachets, and others

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

Supplements And Nutrition Packaging Segmentation

Grand View Research has segmented the global supplements and nutrition packaging market report based on packaging type, material, formulation and region:

Supplement & Nutrition Packaging Type (Revenue, USD Million, 2017 - 2030)

  • Primary
    • Bottles & Jar
    • Tin & Cans
    • Stand Up Pouch
    • Sachets & Other Pouches
    • Blister & Strips
    • Others
  • Secondary & Tertiary Packaging
    • Paper & Paperboard
    • Flexible Paper/ Plastics/ Metals

Supplement & Nutrition Packaging Material Outlook (Revenue, USD Million, 2017 - 2030)

  • Glass
  • Plastic
    • PET
    • HDPE
    • PP
    • Others
  • Paper & Cardboard
  • Metals

Supplement & Nutrition Packaging Formulation Outlook (Revenue, USD Million, 2017 - 2030)

  • Tablets
  • Capsules & Pills
  • Powder
  • Soft Gel
  • Liquid

Supplement & Nutrition Packaging Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Supplement And Nutrition Packaging Market

  • Glenroy, Inc.
  • Alpha Packaging
  • Comar, LLC.
  • Graham Packaging Company
  • Gerresheimer AG
  • ePac Holdings, LLC
  • Law Print & Packaging Management Ltd
  • MPS (Molded Packaging Solutions)
  • OPM Labels
  • Container & Packaging Supply, 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.

Vaginal Rejuvenation Market Set to Surge Significantly During 2024-2030: Grand View Research Inc.

 Vaginal Rejuvenation Market Growth & Trends

The global vaginal rejuvenation market size is expected to reach USD 14.34 billion by 2030, registering a CAGR of 22.07% from 2024 to 2030, according to a new report by Grand View Research, Inc. The Growing popularity of vaginal rejuvenation surgery due to the rising number of treatments offered, increasing demand for the surgery, a growing number of research studies, and associated controversies are propelling the market.

In addition, the growing adoption of non-invasive procedures, such as treatment with the help of laser and radiofrequency technologies is market. The launch of fractional carbon dioxide (CO2) laser has gained impressive popularity with promising results. It has significantly improved the lives of vulvovaginal atrophy (VVA) patients. This can be attributed to its non-invasive nature with less or no downtime and better results.

However, the social stigma associated with gynecological treatments and stringent regulations for energy-based gynecological treatments is hampering the market. The food and Drug Administration (FDA) has not approved any energy-based devices for the associated therapy. These devices have not yet established safety and effectiveness in conditions, such as menopause, incontinence, or intercourse.

The onset of COVID-19 affected the global aesthetic market with surgical cosmetic treatments witnessing a significant setback. The majority of the non-essential cosmetic procedures like vaginal rejuvenation were completely halted during the first and second quarters of 2020, however many dermatology and surgical centers have witnessed perpetual ease in reopening their services by the end of 2020 might help recover the market during the forecast period.

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Vaginal Rejuvenation Market Report Highlights

  • By treatment type, The cosmetic vaginal rejuvenation segment held the largest market share of 66.0% in 2023 due to the growing demand for vaginal-associated surgeries, especially in the developed countries
  • By type, the market is divided into surgical and non-surgical. The surgical segment held the largest market share of 54.0% in 2023 of the market.
  • The aging and childbirth segment held the largest market share of 43.9% in 2023 of the market.
  • The 30-40 segment accounted for the major share of 42.3% in 2023 of the market.
  • North America registered a significant share in 2023 owing to the increasing number of vaginal procedures performed and the high disposable income of consumers
  • The Asia Pacific market dominated the market with a revenue share of 28.9% in 2023 is expected to grow considerably in the future owing to the growing popularity of various vaginal surgeries among patients

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

Vaginal Rejuvenation Market Segmentation

Grand View Research has segmented the global vaginal rejuvenation market on the basis of on treatment type, type, application, age category and region:

Vaginal Rejuvenation Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Reconstructive Vaginal Rejuvenation
    • Perineoplasty
    • Vaginoplasty
  • Cosmetic Vaginal Rejuvenation
    • G-spot amplification
    • Labioplasty
    • Hymenoplasty
    • Hoodectomy

Vaginal Rejuvenation Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Surgical
  • Non-surgical

Vaginal Rejuvenation Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Incontinence
  • Aesthetic Purposes
  • Aging And Childbirth
  • Others

Vaginal Rejuvenation Age Category Outlook (Revenue, USD Million, 2018 - 2030)

  • Below 20/ 20-30
  • 30-40
  • 40 And Above

Vaginal Rejuvenation Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Vaginal Rejuvenation Market

  • Alma Lasers
  • Lutronic
  • Viveve
  • BTL Group of Companies
  • VenusConcept
  • Fotona
  • Candela Corporation
  • Hironic
  • Cynosure
  • Lumenis

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.

Thursday, 9 May 2024

Ethyl Acetate Market Expected to Witness a Sustainable Growth over 2030: Grand View Research Inc.

Ethyl Acetate Market Growth & Trends

The global ethyl acetate market size is expected to reach USD 9.29 billion by 2030, registering a CAGR of 6.8% from 2023 to 2030, as per the new report by Grand View Research, Inc. The industry growth is majorly driven by the increasing production of sustainable packaging products like flexible packaging due to the growing environmental concerns, which, in turn, is predicted to fuel the demand for solvent-based printing inks from the packaging industry during the forecast period.The demand for ethyl acetate solvents is on the rise globally, driven by their increasing utilization in diverse industries including paints & coatings, adhesives, inks, pharmaceuticals, and others.

The product is incorporated into coating formulations, such as acrylics, urethanes, and epoxies, and applied on various surfaces like fixtures, wooden furniture, and mining equipment. These coatings also find usage in construction, agriculture, marine, and auto refinishing applications. One of its primary uses lies in enhancing flavors in various food and beverage items, including coffee, tea, and confectioneries. Due to its pleasant aroma, it is also used to impart fruity notes to chewing gum, baked goods, candies, and other products. In the pharmaceutical domain, solvent extraction benefits from its adaptability to process heat-sensitive substances and overall versatility. Consequently, considering both environmental considerations and human safety, the product is expected to have substantial utilization for solvent extraction within the pharmaceutical industry.

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Ethyl Acetate Market Report Highlights

  • The market is expected to witness significant growth over the forecast period due to the rising product demand from the automotive and packaging industries
  • Paints & coatings was the dominating application segment in 2022 and accounted forthe largest revenue share of 59.3% as the product contributes to the ease of application by controlling the viscosity and ensuring a smooth consistency, resulting in coatings that are easy to apply evenly
  • In 2022, automotive emerged as the dominant application segment with a revenue share of over 37% owing to the rapid growth of the automotive industry due to the increasing adoption of electric vehicles across the globe
  • Asia Pacific is projected to dominate the market in the coming years owing to the rapid development of food & beverage and automotive manufacturing industries in the region

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

Ethyl Acetate Market Segmentation

Grand View Research has segmented the global ethyl acetate market on the basis of application, end-use, distribution channel, and region:

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

  • Paint & Coatings
  • Inks
  • Process Solvents
  • Pigments
  • Other Applications

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

  • Artificial Leather
  • Automotive
  • Food & Beverage
  • Packaging
  • Pharmaceutical
  • Other End-uses

Ethyl Acetate Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Offline
  • Online

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

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

List of Key Players in Ethyl Acetate Market

  • Celanese Corporation
  • Daicel Corporation
  • Eastman Chemical Company
  • INEOS
  • IOL
  • Jiangsu SOPO (Group) Co., Ltd.
  • Jubilant Pharmova Limited
  • KAI CO. LTD.
  • Linde PLC
  • Sasol Limited
  • SHOWA DENKO KK
  • Sipchem
  • Solvay
  • Yip's Chemical Holdings Limited

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 Healthy Snacks Market to Reach Around $152.55 Billion by 2030: Grand View Research Inc.

 Healthy Snacks Market Growth & Trends

The global healthy snacks market size is expected to reach USD 152.55 billion by 2030, growing at a CAGR of 6.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The industry has benefited from a growing consumer focus on the nutritional characteristics of snacks, which include high vitamins, proteins, and low calories. The rising need for on-the-go snacks, combined with the growing purchasing power of the customer, is expected to propel the market’s growth forward. The hectic lifestyles of consumers are also predicted to drive industry growth during the forecast period.

The shifting lifestyles and busy schedules have led to changes in the eating habits of consumers, with snacks increasingly being viewed as quick and convenient meal replacements. However, there is a growing inclination toward healthier snacks that not only offer convenience but also provide nutritional benefits. This has fueled the demand for healthier snack options that are perceived as beneficial for overall health. Obesity and other diet-related disorders have prompted individuals to adopt healthier lifestyles and consume snacks that offer improved nutritional value.

Snack manufacturers are placing a strong emphasis on natural ingredients and are adopting a conscientious approach toward people and the environment. Being aware of the increasing consumer demand for healthier and more sustainable food choices, these companies actively source premium and natural ingredients to craft snacks that are not only nutritious but also environment-friendly. These companies avoid artificial additives, preservatives, and excessive processing, and are dedicated to offering snacks that resonate with consumers' preferences for clean and wholesome products.

For instance, el origen, a snack brand launched by German influencer Gordon Prox in September 2022, specializes in vegan snacks that draw inspiration from Latin American cuisine. Their product lineup includes Organic Quinoa Bites, Organic Amaranth Crispies, and chips made from plantains and cassava, some of which have received awards for their quality. The healthy snacks industry is fragmented with the presence of huge global players as well as the growing share of local and regional players.

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Healthy Snacks Market Report Highlights

  • Savory healthy snacks held the largest market share in 2022 due to the high demand from consumers working from home due to the pandemic
  • Low/No sugar dominated the global healthy snacks industry in 2022. The increasing prevalence of various lifestyle diseases has fueled the demand for low/no sugar snacks, which are preferred by individuals seeking to manage their weight and blood sugar levels
  • Bags and pouches dominated the healthy snacks industry in 2022 due to their convenience, portability, and ease of consumption, making them a preferred choice for on-the-go snacking
  • Supermarkets and hypermarkets dominated the market in 2022 and are expected to sustain growth through their partnership with online delivery platforms
  • Asia Pacific is expected to register the fastest CAGR during the forecast period. The rapid proliferation of online distribution channels in this region is the major driver in maintaining market growth

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

Healthy Snacks Market Segmentation

Grand View Research has segmented the global healthy snacks market based on product, claim, packaging, distribution channel, and region:

Healthy Snacks Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Frozen & Refrigerated
  • Fruit
  • Bakery
  • Savory
  • Confectionery
  • Dairy
  • Others

Healthy Snacks Claim Outlook (Revenue, USD Billion, 2017 - 2030)

  • Gluten-Free
  • Low/No Fat
  • Low/No Sugar
  • Others

Healthy Snacks Packaging Outlook (Revenue, USD Billion, 2017 - 2030)

  • Bags & Pouches
  • Boxes
  • Cans
  • Jars
  • Others

Healthy Snacks Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online
  • Others

Healthy Snacks Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Healthy Snacks Market

  • NestlĂ©
  • The Kellogg Company
  • Unilever
  • Danone
  • PepsiCo
  • Mondel?z International
  • Hormel Foods Corporation
  • Dole Packaged Foods, LLC.
  • Del Monte Foods, Inc.
  • Select Harvests
  • B&G Foods
  • Monsoon Harvest

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.

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