Monday, 27 May 2024

Compact Electric Construction Equipment Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business Development

 Compact Electric Construction Equipment Market Growth & Trends

The global compact electric construction equipment market size is expected to reach USD 138,748.4 million by 2030, advancing at a CAGR of 13.9% during the forecast period, according to a new study by Grand View Research, Inc. The need for more infrastructure, including homes, offices, schools, hospitals, and sports facilities is rising, as urbanization defines developing nations.

Thus, there is an exponential increase in demand for compact construction equipment that can work in small spaces, is portable, and has minimal maintenance and operating expenses, which is expected to hasten the growth of the market for compact electric construction equipment. For instance, in 2019, the government of India announced an investment of USD 1.4 trillion for infrastructure projects during the 2019-2023 period. This signifies the imminent demand for compact construction equipment in the country.

Increased environmental concerns and governmental laws, which are encouraging manufacturers to invest in creating new eco-friendly products like electric vehicles for construction applications, are a factor for this strong growth. Additionally, the increased urbanization in emerging economies is significantly pushing the demand for compact electric construction equipment, because it enables building projects to advance more quickly and with less effort.

Major players are moving towards online channels to push sales, which is anticipated to drive market growth. For example, in March 2022, Volvo CE made available a 2.5-ton battery-powered compact Volvo electric excavator in Asia. By releasing the product, the corporation anticipates increased sales and brand value in Western markets. Rapid urban infrastructural investments and a move towards adopting smart construction equipment to combat rising pollution are likely to lead countries like India and Japan to rapid economic growth. This is expected to enhance the demand for smart electric excavators.

Another factor anticipated to contribute to the compact electric construction equipment market's expansion is the exponential rise in demand from the warehouse sector for small, battery-powered forklifts that enable them to reduce operational costs and do away with the need for labor. To address escalating environmental issues, governments worldwide are outlawing the usage of ICE engines. The strategy that automakers are using to create and introduce electric vehicles is shifting as a result of the ban on fossil fuel vehicles.

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Compact Electric Construction Equipment Market Report Highlights

  • In the market for compact electric construction equipment, it is especially important to understand consumer behavior since it is a relatively new and rapidly evolving industry. The primary motivation for consumers is the desire to reduce their environmental impact
  • Based on product, the forklift segment held the largest revenue share in 2022 and is expected to continue its dominance over the forecast period. Electric forklifts are generally cheaper to operate than their traditional counterparts. They have fewer moving parts, require less maintenance, and are more energy-efficient, resulting in lower operating costs
  • The loader segment is expected to witness rapid growth over the forecast period due to the high demand for compact loaders from the construction sector. Electric loaders have lower maintenance costs with fewer moving parts and require less frequent servicing than diesel engines
  • Based on ton, the below 5-ton segment held the largest revenue share of over 38.0% in 2022. This can be attributed to the increasing demand for compact construction machinery to increase operational efficiency and lower the environmental impact
  • The above 8 ton segment is expected to witness significant growth in the global market due to high demand from industries for compact electric excavatorsand loaders that have a high load-carrying capacity
  • Asia Pacific is expected to advance at a substantial CAGR of over 17.0% over the forecast period, which can be attributed to rapid infrastructure development activities in the region. The governments in several Asia Pacific countries, including China, Japan, and South Korea, have introduced initiatives and policies to promote the adoption of electric vehicles and equipment

Access Press Release@ https://www.grandviewresearch.com/press-release/global-compact-electric-construction-equipment-market

Compact Electric Construction Equipment Market Segmentation

Grand View Research has segmented the global compact electric construction equipment market on the basis of product, ton, and region:

Compact Electric Construction Equipment Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Forklift
  • Loader
  • Excavator
    • Mini
    • Midi
  • AWP
    • Telehandler
    • Boom
    • Scissor

Compact Electric Construction Equipment Ton Outlook (Revenue, USD Billion, 2018 - 2030)

  • Below 5 Ton
  • 6 to 8 Ton
  • 8 to 10 Ton

Compact Electric Construction Equipment 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 (MEA)
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players in the Compact Electric Construction Equipment Market

  • Caterpillar
  • JCB
  • HAULOTTE GROUP
  • Wacker Neuson SE
  • Toyota Motor Corporation
  • Hyster-Yale Group, Inc.
  • SANY Group
  • Volvo CE
  • Hyundai CE

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.

Expanded Polypropylene Foam Market to Witness a Pronounce Growth During 2023 – 2030: Grand View Research Inc.

 Expanded Polypropylene Foam Market Growth & Trends

The global expanded polypropylene foam market size is expected to reach USD 2.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.24% from 2023 to 2030. The market for EPP foam is anticipated to increase as lightweight, reusable, non-toxic materials become more common in furniture, packaging solutions, automotive components, ducting, sealing, and electronic items. The various densities of the foam are suitable for a range of uses, including furniture, consumer products, and packaging, along with several physical properties including impact resistance, noise insulation, and thermal insulation. Due to the growing number of end uses for it, the expanded polypropylene foam market is anticipated to expand.

The usage of PU, PE, PVC, PP, and acrylic materials for automobile parts such as hood and door panels, trim components, floor, and bumper parts are a result of technological advancements in the automotive industry and the increased emphasis on energy efficiency, light, and durable materials. Foam materials are used in seating, trim, and bumpers to help lighten the vehicle and increase its longevity, fuel efficiency, ride comfort, and total cost. The growing demand for electric and hybrid vehicles has increased the need for strong, lightweight materials. Over the course of the forecast period, this is anticipated to fuel demand for EPP foam in the automotive industry.

High investments and increasing consumer disposable income and changing lifestyles are expected to drive the growth of the automotive sector in the country. Countries including Brazil, Japan, and Mexico are following similar trends prevailing in India, which, in turn, is likely to propel the demand for EPP foam in automotive applications. Furthermore, the presence of stringent government regulations regarding pollution control, noise control, and fuel efficiency in cars has led manufacturers to focus on the aforementioned features.

High-density expanded polypropylene foams are used for energy management systems like bumpers, side tails, and safety parts of vehicles. They are also used in industrial packaging applications due to their strength against impacts. With the increasing consumption of lightweight and premium products, the demand for high-density expanded polypropylene foam is expected to rise during the forecast period. Rising demand for electric and hybrid cars at a global level is likely to propel the use of light and chemically stable materials for auto components. This is further anticipated to rise the demand for EPP foam and molded products over the forecast period.

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Expanded Polypropylene Foam Market Report Highlights

  • In terms of revenue, the high-density product accounted for a prominent share of the market in 2022 and is further expected to witness prominent growth during the forecast period.
  • Bumpers application dominated the market and accounted for more than 42% of the revenue share in 2022. Expanded polypropylene (EPP) foam is suitable for automobile applications for its properties like lightweight, durability, recyclability, and improved performance for energy management. This factor is expected to boost the expanded polypropylene foam market in the bumpers industry.
  • As of 2022, the Asia Pacific accounted for more than 40.0% of the market share in terms of revenue. The growing population, changing lifestyles, and rise in purchasing power among consumers have propelled the growth of packaged food and beverages, which, in turn, is expected to boost the demand for EPP foam in the region.
  • Major top players are continuously working on developing their manufacturing plants owing to the increased usage of expanded polypropylene (EPP) foam in the consumer goods industry. For instance, In January 2022, With nearly 100% recycled material, JSP created ARPRO Revolution. This product is ideal for non-technical uses like furniture, leisure, and packaging because it has the lowest carbon footprint.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-expanded-polypropylene-epp-foam-market

Expanded Polypropylene Foam Market Segmentation

Grand View Research has segmented the global expanded polypropylene foam market based on product, application, and region:

EPP Foam Product Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

  • High Density
  • Low Density
  • Medium Density

EPP Foam Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

  • Bumpers
  • Roof Pillars
  • Seat Bracing
  • Armrests
  • Others

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

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

List of Key Players of the Expanded Polypropylene Foam Market

  • JSP
  • BASF SE
  • KANEKA CORPORATION
  • DS Smith
  • FURUKAWA ELECTRIC CO., LTD.
  • Hanwha Group
  • Sonoco Products Company
  • Knauf Industries
  • Izoblok
  • DONGSHIN INDUSTRY INCORPORATED
  • Clark Foam Products Corporation
  • Paracoat Products Ltd.
  • Molan-Pino South Africa
  • Signode Industrial Group LLC
  • Armacel

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.

Animal Pregnancy Test Kit Market is Expected to Enhance $62.36 Million Revenue By 2030: Grand View Research Inc.

 Animal Pregnancy Test Kit Market Growth & Trends

The global animal pregnancy test kit market size is anticipated to reach USD 62.36 million by 2030, registering a CAGR of 4.68% from 2024 to 2030, according to a new report by Grand View Research, Inc. The key factors driving the industry growth include increasing animal population, pet humanization, initiatives by key market players, and the introduction of new early pregnancy testing kits for different animal species. Efficient reproduction is one of the crucial factors for businesses that are involved in livestock production as it directly influences the financial well-being of the business. To ensure reproductive efficiency, businesses need to diligently look after timely and accurate pregnancy status assessments.

Similarly, identifying and recognizing open or non-pregnant females early is important as allows for a more precise evaluation of conception rates, often linked to male or semen fertility, but also serves as a valuable indicator of the effectiveness of artificial insemination programs. In addition, it helps find potential underlying issues such as infectious or noninfectious diseases, which may impact reproductive performance. In essence, early determination of pregnancy status is fundamental for optimizing overall reproductive health and productivity of livestock operations.

Sustained advancements in biochemical assays and diagnostic technologies are expected to improve the sensitivity and accuracy of animal pregnancy testing. These advancements include developments in enzyme-linked immunosorbent assays (ELISA) and other biochemical methods. Furthermore, the development of portable and rapid point-of-care testing allows on-site pregnancy testing without requiring samples to be sent to centralized laboratories. Thus, the growing demand for on-farm pregnancy testing of ruminants, along with continuous technological advancements, contributes to market growth.

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Animal Pregnancy Test Kit Market Report Highlights

  • The pregnancy test kit cassettes product segment dominated the market with a share of 44.3% in 2023. The ELISA test kits segment is projected to register the fastest CAGR of 4.7% from 2024 to 2030
  • The livestock animal segment held the largest share in 2023. The companion animal segment is projected to grow at the fastest growth rate from 2024 to 2030
  • In terms of sample type, the whole blood, plasma, and serum segment accounted for the highest market share in 2023 and is projected to register the fastest CAGR from 2024 to 2030
  • The e-commerce distribution channel segment held the highest share in 2023 and is projected to grow at the fastest CAGR from 2024 to 2030
  • The on-farm end-use segment held the highest share in 2023. On the other hand, the home setting segment is estimated to grow at the fastest CAGR from 2024 to 2030
  • North America held the largest share of about 47.0% in 2023. On the other hand, Asia Pacific is anticipated to grow at the fastest CAGR of 6.63% from 2024 to 2030
  • Advances in rapid diagnostic technology led to the development of more accurate, user-friendly, and cost-effective animal pregnancy test kits. Such advancements are anticipated to drive market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-animal-pregnancy-test-kit-market

Animal Pregnancy Test Kit Market Segmentation

Grand View Research has segmented the global animal pregnancy test kit market based on product, animal type, sample type, distribution channel, end-use, and region:

Animal Pregnancy Test Kit Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Pregnancy Test Kits Cassettes
  • Pregnancy Test Kits Strips
  • ELISA Test Kits

Animal Pregnancy Test Kit Animal Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Companion Animal
    • Canine
    • Feline
    • Equine
    • Others
  • Livestock Animal
    • Bovine
    • Swine
    • Caprine/Ovine
    • Others

Animal Pregnancy Test Kit Sample Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Urine
  • Whole Blood, Plasma, Serum
  • Others (Milk)

Animal Pregnancy Test Kit Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Veterinary Hospitals & Clinics
  • Retail Stores
  • E-commerce

Animal Pregnancy Test Kit End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • On Farm
  • Laboratory
  • Home Setting

Animal Pregnancy Test Kit Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Animal Pregnancy Test Kit Market

  • Zoetis Services LLC
  • IDEXX Laboratories, Inc.
  • Ring Biotechnology Co Ltd.
  • Hangzhou Testsea Biotechnology Co. Ltd.
  • Novis Animal Solutions
  • Secure Diagnostics Pvt. Ltd.
  • J&G Biotech Ltd.
  • EMLAB GENETICS LLC.
  • Megacor Diagnostik Gmbh
  • BIOTRACKING, 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, 24 May 2024

Dental Chair Market to Incur Meteoric Growth During 2023 to 2030: Grand View Research Inc.

Dental Chair Market Growth & Trends

The global dental chair market size is expected to reach USD 1.48 billion by 2030, expanding at a CAGR of 5.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing awareness and prevalence of oral diseases and the consequent increase in the demand for dental care facilities. Development in infrastructure and improving access of low- and middle-income groups to dental facilities can further boost the market.

According to the Global Oral Health Status Report 2022, published by the World Health Organization, approximately two billion people across the globe are suffering from caries of permanent teeth and 514 million children are suffering from caries of primary teeth. Moreover, one billion people worldwide are suffering from severe gum disease which is also a major cause of total tooth loss. The bad oral habits of people such as tobacco consumption and poor hygiene maintenance are contributing to the rising prevalence of these diseases.

The technological advancements in the dental chair industry are also contributing to their growing demand. The addition of innovative features such as touch screens is making these chairs more comfortable than others. In addition, mobile independent chairs can help in increasing patients’ access to oral healthcare facilities. Such innovations can further increase the adoption rate of dental chairs and boost market growth.

The negative impact of the COVID-19 pandemic was also observed in this market. Several restrictions imposed by governments across countries limited people’s movement and their visits to hospitals decreased significantly. However, the market witnessed a recovery as restrictions were eased. 

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Dental Chair Market Report Highlights

  • Based on product, the power dental chair segment accounted for the largest revenue share of 63.1% in 2022 and it is also expected to register the fastest CAGR of 5.9% over the forecast period. This growth can be attributed to technological advancements and the increasing emphasis of dentists on providing their patients with maximum comfort
  • Based on type, the ceiling-mounted segment accounted for the largest revenue share of 39.7% in 2022, owing to its easy-to-maintain attribute and effectiveness
  • Based on application, the examination segment dominated the market with a share of 28.4% in 2022 owing to increasing awareness regarding oral hygiene
  • In 2022, North America dominated the market with a revenue share of 38.1%, owing to the use of advanced technology and increased consumer knowledge. On the other hand, Asia Pacific is anticipated to grow at the fastest CAGR over the forecast period due to the increasing prevalence of oral diseases

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

Dental Chair Market Segmentation

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

Dental Chair Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Powered dental chairs
  • Non-powered dental chairs

Dental Chair Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Ceiling-mounted design
  • Mobile-independent design
  • Dental chair-mounted design

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

  • Examination
  • Surgery
  • Orthodontics
  • Others

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

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

List of Key Players in the Dental Chair Market

  • Austin Dental Equipment Company (A-Dec, inc.),
  • Midmark
  • Craftmaster Contour Equipment, Inc.
  • XO CARE A/S
  • Sirona
  • Henry Schein, Inc.
  • Danaher Corporation
  • PLANMECA OY
  • Patterson Dental Supply, Inc
  • Straumann

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.

Brain Health Supplements Market Estimated to Experience a Hike in Growth by 2030

Brain Health Supplements Market Growth & Trends

The global brain health supplements market size is expected to reach USD 23.41 billion by 2030, expanding at 13.3% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The global market is anticipated to witness significant growth in the next few years on account of a surging number of self-directed consumers and growing awareness of these products among students along with modernization in this field. In addition, cost-effectiveness, as well as easy accessibility to these products is further expected to boost product demand among consumers.

Over the past few years, consumers have been opting for naturally derived supplements. Caffeine, green tea, matcha tea, Kucha tea, beets, eggs, spinach, peanuts, liver, arctic root, brahmi, turmeric, pine bark, ginseng, and fish oil are among the popular natural sources of brain supplements. The most common supplements consumed by adults are taken for memory enhancement, which includes omega-3, green tea, and turmeric/curcumin. The increase in the vegan population in North America and Europe is anticipated to boost the demand for plant-based supplements in the upcoming years.

The rising instances of depression among the population across the globe are anticipated to drive the brain health supplements industry over the forecast period. Rising demand for multi-utility drugs that work as antidepressants, energy boosters, and resist anxiety are expected to drive the growth of this segment. According to the Kaiser Family Foundation 2021 report on the ‘implications of COVID-19 for mental health and substance use’, the share of adults experiencing depression in the U.S. increased from 11% in January-June 2019 to 41.1% in January 2021. This widens the scope of the market for brain health supplements for depression and mood.

Manufacturers are offering their products on various online platforms including company-owned portals and e-retailers to cater to the requirements of a huge customer base in an attempt to expand product visibility, especially in emerging markets. Additionally, the growing rate of digitalization has impacted the penetration of brain health supplements, particularly in developing countries. For instance, in September 2020, Loblaw Companies Ltd. announced an investment of USD 75 million in Maple Corporation, a leading virtual care provider in Canada, through its wholly-owned subsidiary Shoppers Drug Mart Inc. The move was aimed at providing people in the country with the convenience and security of a digitally connected healthcare network.

Growing demand for multi-functional drugs that serve the purpose of performance enhancement, antidepressants, and energy boosters along with enhancing attention, visual perception, and others for esports professionals and gamers is expected to drive the demand for these supplements. In April 2021, Nature’s Bounty launched three new products for esports gamers and influencers aged 18 years or above. These brain health supplements are fast-acting and no-caffeine products and available in jelly bean format that supports the focus and performance of the gamer by enhancing their brain health and reaction time.

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Brain Health Supplements Market Report Highlights

  • Brain health supplements are anticipated to gain higher acceptance to improve attention and focus, especially among consumers within the education sector. In addition, the sports industry is also likely to contribute to the demand for these supplements owing to the need for greater concentration in various activities
  • North America dominated the market with a share of 40.1% in 2022. According to a survey conducted by the American Association of Retired Persons (AARP) on Brain Health and Dietary Supplements in June 2019, Americans aged 50 and older are regularly consuming large amounts of brain health supplements owing to increasing concerns over their brain and cognitive health. These instances are expected to offer strong growth prospects to the regional market. Furthermore, rising awareness regarding the consumption of these products in the U.S. and Canada, on account of new product launches, is expected to promote regional market growth over the forecast period
  • The use of clean and natural ingredients, which are the least processed, remains a critical success factor for companies. NOW Foods, for instance, uses no artificial ingredients and has attained Good Manufacturing Practices (GMP) certification from the Natural Products Association (NPA) along with being a member of NPA’s TruLabel Program

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

Brain Health Supplements Market Segmentation

Grand View Research has segmented the global brain health supplements market based on product, application, and region:

Brain Health Supplements Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Natural Molecules
    • Acetyl-L-Carnitine
    • Alpha-GPC
    • Citicoline
    • DHA
    • Pre/Pro/Postbiotics
    • Others
  • Herbal Extract
    • Ginseng
    • Gingko Biloba
    • Curcumin
    • Others
  • Vitamins & Minerals
    • Vitamin B
    • Vitamin C & E
    • Others
  • Brain Health Supplements Application Outlook (Revenue, USD Million, 2017 - 2030)
    • Memory Enhancement
    • Attention & Focus
    • Depression & Mood
    • Sleep & Recovery
    • Anti-aging & Longevity
    • Stress & Anxiety
  • Brain Health Supplements Regional Outlook (Revenue, USD Million, 2017 - 2030)
    • North America
      • US.
      • Canada
    • Europe
      • UK.
      • Germany
      • France
      • Spain
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

List of Key Players in Brain Health Supplements Market

  • Natural Factors Nutritional Products Ltd
  • Onnit Labs, Inc.
  • Purelife Bioscience Co., Ltd
  • Intelligent Labs
  • Accelerated Intelligence Inc.
  • NOW Foods
  • HVMN Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Peak Nootropics
  • Alternascript

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.

Data Center Generator Market is Thriving $12.98 Billion Revenue by 2030: Grand View Research Inc.

 Data Center Generator Market Growth & Trends

The global data center generator market size is expected to reach USD 12.98 billion by 2030 at a CAGR of 7.3%, according to a study conducted by Grand View Research, Inc. The increasing number of data centers and hyperscale facilities along with growing demand for the edge data centers, are some of the factors contributing to the rise in product demand. These generator provides reliable and cost-effective backup power solutions for data centers.

Manufacturers, such as Cummins, Inc. and Himoinsa, are introducing technologically advanced generator sets that offer remote monitoring and control. These systems allow users to remotely observe and control engine and alternator data, power system status, load levels, and control system status. The advent of such systems is expected to propel the demand for generators in the market.

North America has a substantial revenue share in the overall market owing to the presence of a large number of data center facilities in the region. In addition, presence of key companies, such as KOHLER Group and Cummins Inc., also intensifies the competition in this region and contributes to the growing revenue share. With a rise in the number of data centers in developing economies like India, the Asia Pacific regional market is anticipated to record the fastest CAGR in the next seven years.

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Data Center Generator Market Report Highlights

  • Gas product type is anticipated to register the fastest CAGR of 8.9% during the forecast period owing to their cleaner operation and lower emission than diesel-based systems
  • Generators under 1 MW capacity are expected to register the highest CAGR over the forecast period owing to the increasing number of smaller and edge data centers
  • Growing number of hyperscale facilities is anticipated to catapult the demand for Tier IV systems in the near future
  • The Asia Pacific region is expected to expand at the fastest CAGR of 9.7% during the forecast period. Investments by market leaders in developing countries like China and India are expected to drive regional market expansion.

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

Data Center Generator Market Segmentation

Grand View Research has segmented the global data center generator market on the basis of product type, capacity, tier standards, and region:

Data Center Generator Product Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Diesel
  • Gas
  • Others

Data Center Generator Capacity Outlook (Revenue, USD Million, 2017 - 2030)

  • < 1 MW
  • 1 MW-2MW
  • >2MW

Data Center Generator Tier Standards Outlook (Revenue, USD Million, 2017 - 2030)

  • Tier I & II
  • Tier III
  • Tier IV

Data Center Generator Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in Data Center Generator Market

  • Caterpillar
  • Atlas Copco
  • Cummins, Inc.
  • Eurodiesel Services
  • Generac Power Systems, Inc.
  • HIMOINSA
  • KOHLER
  • MITSUBISHI MOTORS CORPORATION
  • Piller (Langley Holdings plc)
  • Rolls Royce plc

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.

Gas Turbine Services Market: Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 Gas Turbine Services Market Growth & Trends

The global gas turbine services market size is expected to reach USD 67.3 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 8.7% over the forecast period. The increasing adoption of gas turbines on account of their ability to produce low exhaust gas pollution is expected to drive market growth. These systems are increasingly being used owing to their tremendous energy-producing capacity and multiple fuel capability. They also have the capacity to operate continuously at baseload for numerous hours. Furthermore, low operational cost and high efficiency and durability offered by these systems is expected to drive gas turbine service market growth.

Rapid industrialization and population growth have resulted in high demand for power globally. The energy sector is shifting from conventional systems toward clean power sources resulting in an increase in gas turbines installations. Furthermore, key countries plan to enhance the deployment of gas-based power plants in the future. Major equipment manufacturers are also signing multiyear contracts during the installation of these plants.

The heavy-duty segment dominated the global market in 2022 as these equipment offer cost-effective conversion of fuel to electricity and advanced systems provide improvement in terms of output and efficiency. The rise in new gas-based power plants for power generation has resulted in an increase in the deployment of heavy-duty systems which are preferred due to their higher power generating capacity as compared to its counterparts. These systems also find applications in chemical plants, refineries, and power utilities.

Maintenance and repair is projected to be the fastest-growing segment over the forecast period. Major vendors in the market are providing long-term service contracts to power plant owners which cover periodic and preventive maintenance under its scope. Long-term contracts are also considered as a more economical solution in the long term. Repairs solutions help eliminate steps and cost and increases the overall performance, thereby increasing the life-cycle of these systems. This is projected to drive the maintenance and repair segment in the coming years.

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Gas Turbine Services Market Report Highlights

  • Asia Pacific emerged as the largest region in 2022 and accounted for a revenue share of 38.0% on account of increasing demand for power from China, India, and Southeast Asian countries who are opting for cleaner sources of power generation for baseload supply
  • The heavy duty segment held a major market share in 2022 due to its application in the power generation sector
  • Spare parts supply was the largest service type segment in 2022 as the components of gas turbines have a limited lifespan after which it requires replacement
  • >200 MW emerged as the major contributing segment on the basis of capacity in 2022. The demand in this segment is primarily driven by an increase in power generation activities across the globe
  • Some of the significant industry participants are Siemens AG, General Electric, Mitsubishi Hitachi Power Systems, Ltd., and Kawasaki Heavy Industries, Ltd. These companies focus on R&D in order to enhance their position in the market.

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

Gas Turbine Services Market Segmentation

Grand View Research has segmented the global gas turbine services market based on turbine type, turbine capacity, service type, service provider, end-use, and region:

Gas Turbine Services Turbine Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Heavy Duty
  • Industrial
  • Aeroderivatives

Gas Turbine Services Turbine Capacity Outlook (Revenue, USD Million, 2018 - 2030)

  • <100 MW
  • 100 to 200 MW
  • >200 MW

Gas Turbine Services Service Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Maintenance & Repair
  • Overhaul
  • Spare Parts Supply

Gas Turbine Services Provider Outlook (Revenue, USD Million, 2018 - 2030)

  • OEM
  • Non-OEM

Gas Turbine Services End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Power Generation
  • Oil & Gas
  • Other Industrial

Gas Turbine Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Malaysia
    • Vietnam
    • Bangladesh
    • Pakistan
    • Singapore
    • Thailand
    • South Korea
    • Taiwan
  • Commonwealth of Independent States
    • Russia
    • Ukraine
    • Turkey
    • Turkmenistan
    • Kazakhstan
    • Azerbaijan
    • Uzbekistan
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Iraq
    • Lebanon
    • Oman
    • Qatar
    • Kuwait
    • Algeria
    • Tunisia
    • Ghana
    • South Africa
    • Saudi Arabia
    • Egypt

List of Key Players in Gas Turbine Services Market

  • General Electric
  • Siemens Energy
  • Mitsubishi Power, Ltd.
  • Kawasaki Heavy Industries, Ltd.
  • Solar Turbines Inc.
  • Ansaldo Energia
  • Bharat Heavy Electricals Ltd.
  • OPRA Turbines
  • Man Energy Solutions
  • Centrax Gas Turbines

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.

Patient Temperature Management Market to Reflect a Holistic Expansion During 2024 to 2030: Grand View Research Inc.

 Patient Temperature Management Market Growth & Trends 

The global patient temperature management market size is expected to reach USD 6.9 billion by 2030, registering a CAGR of 8.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising number of surgeries is anticipated to accelerate the demand for temperature management devices. For instance, open heart surgeries require lowering of patient’s body heat through blood cooling, which helps in reducing the risk of post and perioperative surgical complications. 

Rising number of surgeries are undertaken, amid growing prevalence of cardiac arrest and other chronic cardiac diseases. Hence, this raises the need for the patient temperature management, in order to avoid the adverse effects on brain. For more effective results, patient warming systems are also used for cancer patients as adjuncts with chemotherapy and radiation therapy. Moreover, in neonatal care, newborns are likely to experience temperature fluctuations and hence, they are kept in incubators to maintain their normal body temperature. As a result, the aforementioned factors are contributing to the shigh demand for temperature monitoring devices. 

There is a growing need for modern temperature management systems along with rising demand for the conventional warming and cooling devices. Introduction of a wide range of surface warming and cooling systems by major market players is expected to positively impact the market during the forecast period. The blood & fluid temperature management devices have also evolved in recent times and are applied through a catheter by circulating warm or cool saline in the patient’s body. 

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Patient Temperature Management Market Report Highlights

  • Patient warming systems dominated the market in 2023 because of the rise in the number of surgeries, which lowers the body temperature of patients due to the use of general anesthesia
  • Due to the introduction of new products like cooling caps and blood & fluid cooling systems, patient cooling systems are expected to exhibit lucrative CAGR during the forecast period
  • Surgery segment held the largest market share in 2023 because of the increasing number of cardiac and gynecological surgeries across the globe
  • Operating rooms segment is expected to generate huge revenue due to the large number of surgical procedures being performed and the need for temperature management during these surgeries
  • In 2023, North America dominated the market due to rising demand for the technologically advanced products within this region
  • Asia Pacific is expected to show lucrative growth during the forecast period, due to the increasing sedentary lifestyle resulting in cardiac related disorders.

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

Patient Temperature Management Market Segmentation

Grand View Research has segmented the global patient temperature management market based on product, application, end-use and region:

Patient Temperature Management Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Patient Warning Systems
    • Conventional Warning Systems
    • Surface Warning Systems
    • Intravascular Warning Systems
  • Patient Cooling Systems
    • Conventional cooling Systems
    • Surface Cooling Systems
    • Intravascular Cooling Systems

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

  • General Surgery
  • Cardiology
  • Pediatrics
  • Neurology
  • Orthopaedic Surgery
  • Thoracic Surgery
  • Others

Patient Temperature Management End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Operating rooms
  • Neonatal Care
  • ICUs
  • Emergency room
  • Preoperative Care Units
  • Postoperative Care Units
  • Acute Care
  • Burn Centers
  • Cath Labs
  • Neurological Care Units
  • Others

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

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

List Of Key Players Patient Temperature Management Market

  • Stryker Corporation
  • Zoll Medical Corporation
  • Medtronic
  • Bard Medical
  • Cincinnati Sub-Zero Products, Llc
  • 3M Company
  • The 37company
  • Atom Medical Corporation
  • Geratherm Medical Ag
  • Inditherm Plc

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, 23 May 2024

Intravenous Solutions Market to Register Stable Expansion During 2024 – 2028: Grand View Research Inc.

 IV Solutions Market Growth & Trends

The global intravenous solutions market size is expected to reach USD 18.9 billion by 2028 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. The growing incidence rate of chronic diseases such as cancer, increase in the number of premature births, and shortage of I.V. solutions in the U.S. are some of the key factors expected to drive the market.

One of the prime areas wherein intravenous (IV) fluids find usage is severe dehydration. Severe dehydration is seen in diseases such as diarrhea, resulting in the depletion of fluids from the body. According to the WHO, in 2017, diarrhea was the second leading cause of death in children under 5 years of age with around 5,25,000 lives lost each year. Intravenous (IV) fluids can play a key role in the treatment and prevention of deaths caused due to the dehydration/fluid loss associated with diarrhea. Other cases where intravenous fluids find application include surgeries and emergency situations.

The ongoing COVID-19 pandemic is expected to have a positive impact on the market. Intensive Care Units (ICU) worldwide are either operating at full capacity or are overcrowded due to the high influx of patients infected with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). As per an article published by BBC, in January 2021, critical care wards across England were running in full capacity. Nutritional care is one of the essential elements in managing these patients. This has increased the demand for intravenous (IV) fluids, as many of the patients, especially the elderly population are placed on ventilators and are unable to consume food orally.

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IV Solutions Market Report Highlights

  • The Total Parenteral Nutrition (TPN) segment led the segment in terms of revenue share in 2020 owing to its growing applications in the management of chronic diseases
  • The increasing number of surgeries and post-operative nutritional management is a prime factor driving the vitamins and minerals (salt and electrolyte) segment’s growth
  • North America dominated the market with a revenue share of nearly 40.8% in 2020 due to the high usage of IV fluids in the U.S.

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

IV Solutions Market Segmentation

Grand View Research has segmented the global IV solutions market based on type, nutrients, and region:

Intravenous Solutions Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Total Parenteral Nutrition (TPN)
  • Peripheral Parenteral Nutrition (PPN)

Intravenous Solutions Nutrients Outlook (Revenue, USD Million, 2016 - 2028)

  • Carbohydrates
  • Single Dose Amino Acid Solution
  • Vitamins & Minerals (Salt and electrolyte)
  • Parenteral Lipid Emulsion
  • Others

Intravenous Solutions Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of IV Solutions Market

  • Hospira
  • Terumo Corporation
  • Braun Melsungen AG
  • Fresenius Kabi
  • Baxter

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.

Thermoform Packaging Market Estimated To Flourish By 2028: Grand View Research Inc.

 Thermoform Packaging Market Growth & Trends

The global thermoform packaging market size is expected to reach USD 64.21 billion by 2028 registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. High adoption of products, such as blisters & clamshell packaging, containers, and trays & lids, by the end-user industries including food & beverages, electronics, pharmaceuticals, and personal care & cosmetics, coupled with increased penetration of organized and e-retail, have been driving the market from the past several years.

In thermoforming, the thermoplastic sheet is heated up to its pliable temperature and then placed over a mold until it cools and takes shape of the mold. A thin-gauge sheet, which is usually less than 0.060 inches, is mainly used to produce rigid disposable products, such as trays, bowls, containers, plates, and others. Thermoforming plastic molding process offers several advantages over injection molding including lower tooling cost, less wastage of material, and less per-unit cost for short-run production, owing to which the end-use industries, primarily food & beverages, mainly prefer thermoformed packaging products.

The packaged food industry, wherein thermoformed trays, containers, and tubs are widely used for the packaging of meat, fruits, eggs, and ready meals, is rapidly expanding across the world. Increasing urbanization and penetration of retail networks coupled with changing lifestyles are majorly contributing to the growth of the global packaged food industry, and thereby augmenting the product demand. Moreover, the rising micro-family structure, which creates demand for single-serve packaging, is expected to favor the growth of the market.

Global electronic manufacturers are mainly focusing on the development of compact devices, as they are easy to carry, which, in turn, is expected to benefit the usage of products such as trays and containers. However, electronics and food manufacturers are gradually shifting towards sustainable products, such as molded pulp trays. This increasing availability of alternative solutions coupled with the growing awareness regarding sustainability among consumers is likely to limit the market growth over the forecast period.

Due to their effectiveness, thermoformed blisters are widely utilized for the packaging of pharmaceutical solid oral dose products, such as capsules and tablets. These benefits of blisters along with their low cost and ease of usage are attracting North American pharmaceutical companies to switch from the traditional bottle packaging for solid oral doses, thereby supporting market growth. Moreover, the rising prevalence of chronic diseases coupled with the growing aging population has been driving the global pharmaceutical industry, which in turn, is expected to increase the product application scope in the pharmaceutical industry.

Asia Pacific is estimated to be the largest as well as the fastest-growing regional market from 2021 to 2028. This growth is credited to the rapid penetration of organized and e-retail sectors coupled with increased spending on processed food and consumer products, which drive the product demand in the regional market. Market participants across the globe compete on the basis of product differentiation and services offered. Pactiv LLC emerged as the market leader in 2020 on account of its wide-scale product offerings, especially for food & beverage applications.

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Thermoform Packaging Market Report Highlights

  • The food & beverage end-user industry segment led the global market accounting for the largest revenue share of over 51% in 2020
  • The segment will grow further at a steady CAGR from 2021 to 2028 owing to the rising adoption of thermoformed trays, containers, and blisters by packaged food manufacturers and meat processors
  • The pharmaceutical end-user industry segment accounted for a significant revenue share in 2020 and is estimated to expand further at the fastest CAGR from 2021 to 2028
  • This growth can be attributed to the extensive incorporation of thermoform blisters by the pharmaceutical companies for the unit dose packaging
  • The containers product segment accounted for the highest revenue share of over 26% in 2020 owing to high product adoption in the packaging of ready meals and processed food & beverages by the food processing companies
  • PET led the material segment with a revenue share of 45.0% in 2020 and is expected to witness significant growth from 2021 to 2028
  • Low cost, versatility in molding, transparency, and ease of recycling offered by PET materials are the few factors responsible for the segment growth

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

Thermoform Packaging Market Segmentation

Grand View Research has segmented the global thermoform packaging market on the basis of material, product type, end-user industry, and region:

Thermoform Packaging Material Outlook (Revenue, USD Million, 2017 - 2028)

  • PET
  • PVC
  • PS
  • PP
  • PE
  • Others

Thermoform Packaging Product Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Blister
  • Clamshell
  • Skin Packaging
  • Trays & Lids
  • Containers
  • Others

Thermoform Packaging End-user Industry Outlook (Revenue, USD Million, 2017 - 2028)

  • Food & Beverage
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Electronics
  • Homecare
  • Others

Thermoform Packaging Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Thermoform Packaging Market

  • Amcor
  • Sonoco Products Company
  • Placon Corp.
  • Display Pack, Inc.
  • Pactiv LLC
  • Dart Container Corp.
  • Constantia
  • Tray-Pak Corp.
  • D&W Fine Pack
  • Lacerta Group, Inc.
  • RPC Group Plc
  • Silgan Holdings, Inc.
  • Sinclair & Rush, Inc.
  • Rompa Group

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.

Probiotics Market is Estimated To Attain $220.14 Billion by 2030

Probiotics Market Growth & Trends

The global probiotics market size is expected to reach USD 220.14 billion by 2030, growing at a CAGR of 14.0% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is experiencing steady growth driven by several factors including shifting dietary preferences toward healthier foods coupled with the rising consumer awareness about digestive health products. Manufacturers in the industry are increasingly focused on distribution agreements and partnerships for probiotic sales. For instance, in September 2020, OptiBiotix Health Plc., a UK-based probiotic nutritional supplement manufacturer, announced an exclusive distribution agreement with Ayalla Marketing for the former’s product distribution in Brazil. In such an agreement, manufacturers often decide the minimum order quantity to facilitate cost-effective shipments.

In addition, Meluka Australia, a company that expanded its probiotic range in collaboration with Probiotics Australia in 2021, also expanded its retail channels through other strategic alliances. The company launched an e-commerce channel via WhatsApp in March 2022. It implemented a conversational messaging technology offered by Gupshup for customer engagement. Its e-commerce store is accessible to Australian customers via the WhatsApp platform. Moreover, e-commerce is increasingly becoming popular owing to the availability of a wide range of supplements and probiotic food products. Various companies, especially new entrants, in the global market are collaborating with e-commerce companies to promote their products as well as achieve maximum market penetration.

In addition, supplement manufacturers are increasingly incorporating functional ingredients into products to increase their nutritional value. Ingredient suppliers and supplement manufacturers are focusing on product innovation to expand their portfolio of probiotics and probiotic-based foods and better cater to the specific nutrition conditions of consumers with digestive health problems. For example, in August 2021, SkinBio Therapeutics launched new probiotic supplements targeted at the skin condition psoriasis. This product launch was aimed at expanding the use of probiotics in different application areas.

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Probiotics Market Report Highlights

  • The demand for probiotic dietary supplements is expected to grow at a CAGR of 14.1% from 2023 to 2030, driven by the growing consumer awareness of the health benefits offered by probiotic supplements
  • The demand for yeast-based probiotics is projected to grow at a CAGR of 13.4% during the forecast period. Dietary supplements are made using yeast as it has proteins, amino acids, vitamin B, and peptides, and is safe for all age groups
  • The sales of probiotics through supermarkets/hypermarkets dominated the market in 2022 with a revenue share of over 30% and are expected to continue dominance throughout the forecast period. The availability of a wide range of product offerings, also enabling easy comparisons for customers, is expected to drive this dominance
  • The demand for probiotics in the Middle East & Africa region is expected to grow at a CAGR of nearly 15% during the forecast period. It is mainly driven by the increasing demand in countries, such as Saudi Arabia, South Africa, and UAE

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

Probiotics Market Segmentation

Grand View Research has segmented the global probiotics market based on product, ingredient, end-use, distribution channel, and region:

Probiotics Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Probiotic Food & Beverages
    • Dairy Products
    • Non-dairy
    • Cereals
    • Baked Food
    • Fermented Meat
    • Dry Foods
  • Probiotic Dietary Supplements
    • Food Supplements
    • Nutritional Supplements
    • Specialty Supplements
    • Infant Formula
  • Animal Feed

Probiotics Ingredient Outlook (Revenue, USD Million, 2017 - 2030)

  • Bacteria
  • Yeast

Probiotics End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Human Probiotics
  • Animal Probiotics

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

  • Hypermarkets/Supermarkets
  • Pharmacies/Drugstores
  • Specialty Stores
  • Online Stores
  • Others

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

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

List of Key Players in Probiotics Market

  • Arla Foods Group
  • BioGaia AB
  • Hansen Holding A/S
  • Danone
  • DuPont De Nemours, Inc.
  • General Mills, Inc.
  • i-Health, Inc.
  • Lallemand Inc.
  • Lifeway Foods Inc
  • Mother Dairy Fruit & Vegetable Pvt. Ltd
  • Kerry
  • Nestle S.A.
  • Probi AB
  • Yakult Honsha Co., Ltd.

About Grand View Research

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

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...