Monday, 12 August 2024

Polylysine Market Trends Regulations And Competitive Landscape Outlook to 2030

 Polylysine Market Growth & Trends

The global polylysine market is expected to reach USD 1.4 billion by 2030, registering CAGR of 7.6% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising demand from several end-use applications such as cosmetics, food & beverage, pharmaceutical, and dietary supplements among others. The rising living standards and increasing consumer willingness to spend more on personal well-being are the factors expected to positively impact the market growth during the coming years.

Food & beverage emerged as a dominant application on account of the growing utilization of the product in numerous food items including cooked vegetables, boiled rice, noodles, soups, and sushi among others. This is attributable to the presence of antimicrobial and antioxidant properties in polylysine. It helps in reducing the chloride content, has excellent heat and water solubility, and does not have any unpleasant odor to it.

Asia Pacific region dominated the market on account of strong presence of the manufacturers in key countries including China, and Japan. Easy availability of raw materials and advanced technology has influenced the increased production across the region. Furthermore, the rising demand for the organic products from end-use industries such as cosmetics, food & beverages, and pharmaceuticals has triggered the market demand across the globe.

The polylysine market is consolidated with few manufacturers accounting for a majority of the market share. Few of the companies have a highly integrated supply chain that enables them to reach a broader customer base. They help in establishing a well-connected network the distributors with extensive regional presence and goodwill to easily cater to niche markets.

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Polylysine Market Report Highlights

  • Polylysine is used as an effective food preservative to increase shelf-life of the packaged food items. Factors such as increasing disposable income of the consumers, rapid urbanization, and availability of the ready-to-eat food products have led to increase in demand for the packaged foods, frozen foods, and desserts. This is expected to boost demand for the food preservatives, in turn, driving the market growth
  • Pharmaceutical application is the fastest growing segment with a CAGR of 7.9% owing to the growing utilization of polylysine as a drug carrier in the formulation of the medicines
  • Europe is the fastest growing region with a CAGR of 8.1% because of the strong presence of multinational companies engaged in polylysine production. Handary S.A., Siveele B.V., and Biobyt Ltd. are some of the major manufacturers of polylysine in the region
  • The global manufacturers of the polylysine, such as JNC Corporation, Siveele B.V., Bimal Pharma Pvt. Ltd., and Handary S.A., are producing polylysine by means of the biotechnology and other advanced production techniques. These players are investing heavily in R&D activities to discover other alternate means of the polylysine production that can ensure higher yield while keeping the production cost under control
  • The competitors in the market try to gain a reasonable advantage over others by means of expanding their global presence, price control, and strengthening product portfolios. These companies in order to strengthen their global presence, typically establish different types of contracts such as partnerships and joint ventures. For instance, Sino Lion USA has signed partnerships and joint ventures with multiple manufacturers from China and operates independently or jointly with Chinese partner companies

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

Polylysine Market Segmentation

Grand View Research has segmented the global polylysine market report based on the application and region:

Polylysine Application Outlook (Revenue, USD Million; Volume, Tons; 2018 - 2030)

  • Food & Beverages
  • Pharmaceutical
  • Personal Care & Cosmetics
  • Dietary Supplements
  • Others

Polylysine Regional Outlook (Revenue, USD Million; Volume, Tons; 2018 - 2030)

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

List of the Key players in the global Polylysine Market include

  • Chisso Co.
  • Okuna Chemical Industries Co.
  • SunBio Co.
  • JNC Corporation
  • Nanjing Shineking Biotech
  • Chengdu Jinkai Biology
  • Zhengzhou Bainafo Bioengineering
  • Yiming Biological
  • Siveele
  • Lion King Biotechnology

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, 8 August 2024

Impact of Existing and Emerging Clinical Trials Site Management Organizations Market Trends And Forecast 2024-2030: Grand View Research Inc.

 Clinical Trials Site Management Organizations Market Growth & Trends

The global clinical trials site management organizations market size is expected to reach USD 9.47 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.17% from 2024 to 2030. Site management organizations (SMOs) are essential elements of pharmaceutical and biopharmaceutical companies. Such organizations help to limit the burden associated with clinical research. SMOs offer several services including patient enrollment services, addressing clinical trial location-specific study activities, hiring study staff, and monitoring clinical studies site operations. Improved technological use in integrated site networks and clinical trial services, increasing trend of outsourced clinical services, and growing clinical trial activities globally owing to the high burden of chronic and infectious diseases, are few of the factors driving the market.

Technology has improved efficiencies at the site level by improving metrics such as on-site identification, selection, and performance, as well as throughout the patient spectrum by analyzing recruitment, enrollment, selection, retention, and compliance measures at sites. Furthermore, technical improvements have resulted in enhanced biostatistics and data analytics analysis to better evaluate a drug's feasibility early in the development phase. As a result of the COVID-19 pandemic, several organizations were forced to halt operations while others were forced to completely shut down. However, the SMOs execute multi-eccentric trials effectively to save the firm money and time.

Manual processes and paperwork are replaced by digital technologies to limit the negative impact of the pandemic on the business. Due to this, Site Management Organization facilitates detailed documentation while also streamlining the procedure in any clinical research, even when physical contact is nearly impossible to prevent viral spread. SMO's efficient follow-up skills along with the adoption of virtual technologies to conduct clinical research have significantly decreased the time required to recruit patients. As new virus strains are being discovered in different areas of the world, research would remain a top focus. SMOs would be required by health and biotech companies for data collection, participant or patient safety, patient recruitment, more accurate doctor contact information, and other tasks. Hence, such factors are supporting the rebound of revenues across the market during 2021.

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Clinical Trials Site Management Organizations Market Report Highlights

  • The project management segment dominated the market with a revenue share of 25.0% in 2023, due to the fact that it is required to ensure that clinical trials are set up, enrolled, reported on time, and conducted within the budget
  • The phase III segment accounted for the largest revenue share of 54.16% in 2023. This growth is attributed to the fact that phase III trials are often the largest and involve thousands of participants and are the most expensive ones
  • Based on therapeutic area, the oncology segment is anticipated to witness the fastest CAGR of 6.66% in the market during the forecast period, due to the high global prevalence of cancer, which is generating demand for drugs and thus increasing its market share
  • Asia Pacific led the market in 2023 and is projected to witness the fastest CAGR of 6.87% during the forecast years, as cost-effective strategic solutions provided by SMOs could reduce timelines, as in changing market for clinical trials, fast recruitment, and a huge pool of patients are some of the prerequisites

Access Press Release@ https://www.grandviewresearch.com/press-release/global-clinical-trials-site-management-organizations-smo-market

Clinical Trials Site Management Organizations Market Segmentation

Grand View Research has segmented the global clinical trials site management organizations market on the basis of clinical trial services/components, phase, therapeutic areas, and region:

Clinical Trials Site Management Organizations Clinical Trial Services/Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Site Management
  • Project Management
  • Regulatory
  • Onsite Monitoring
  • Others

Clinical Trials Site Management Organizations Phase Outlook (Revenue, USD Million, 2018 - 2030)

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

Clinical Trials Site Management Organizations Therapeutic Areas Outlook (Revenue, USD Million, 2018 - 2030)

  • Oncology
  • Cardiology
  • CNS
  • Pain Management
  • Endocrine
  • Others

Clinical Trials Site Management Organizations Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players in the Clinical Trial Site Management Organizations Market

  • Clinedge
  • WCG
  • ClinChoice
  • Access Clinical Research
  • FOMAT Medical Research INC.
  • SGS
  • KV Clinical
  • SMO-Pharmina
  • Xylem Clinical Research
  • Aurum Clinical Research

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.

Structural Health Monitoring Market Latest Innovations, Drivers and Industry Key Events 2023– 2030: Grand View Research Inc.

 Structural Health Monitoring Market Growth & Trends

The global structural health monitoring market size is estimated to reach USD 10.48 billion by 2030, according to a study conducted by Grand View Research, Inc., rising at a CAGR of 18.8% from 2023 to 2030. Growing investments in infrastructural development and government regulations mandating implementation of sensors and data acquisition systems to monitor structure health are expected to augment the market. Increasing age of existing bridges and dams and rising focus on infrastructural advancements including construction of new bridges, dams, buildings, and stadiums are also providing a push to the market.

Superior infrastructure is essential for regional development and it helps to increase productivity of the private as well as public sectors. Therefore, rapid infrastructural development across the globe is one of the primary growth stimulants for the market. These systems help in reducing cost by removing need for inspection staff and maintenance. Additionally, with ongoing advancements in technology, these systems are being used in applications such as diagnosing vessels and platforms in marine industries, aircraft frames in aerospace and defense, and inspection of large machines.

North America is projected to dominate the market throughout the forecast horizon owing to surging demand from applications such as bridges & dams and buildings & stadiums. However, Asia Pacific is poised to post the highest CAGR of 18.9% during the same period. This is owing to increasing investments in the civil infrastructure sector, along with industries such as aerospace, defense, marine, and manufacturing. Moreover, in 2014, the Chinese government laid down new regulations mandating use of SHM systems while building new architectural structures and bridges. They have restricted replacement time period for an embedded sensor to 20 years and three to five years for a sensor placed on the surface of the bridge. Furthermore, expanding production of oil sands and shale gas in regions such as Africa and Asia are anticipated to stir up the demand for structural health monitoring systems.

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Structural Health Monitoring Market Report Highlights

  • The hardware segment is likely to dominate the structural health monitoring market throughout the forecast period owing to higher cost of sensors and data acquisition systems as compared to that of software and services
  • In terms of application, the market for structural health monitoring is dominated by bridges & dams and the trend is estimated to continue until 2030. This is due to increasing investments in order to check for health of structures, thus ensuring public safety
  • Prominent industry participants include National Instruments Corporation; Structural Monitoring Systems; Digitexx Data Systems, Inc.; and Pure Technologies.
  • North America dominated the global structural health market, accounting for the highest revenue share of 35.1% in 2022.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-structural-health-monitoring-shm-market

Structural Health Monitoring Market Segmentation

Grand View Research has segmented the global structural health monitoring market based on solution, application, technology, and region:

Structural Health Monitoring Solution Outlook (Revenue in USD Million, 2017 - 2030)

  • Hardware
    • Sensors
    • Data Acquisition Systems
    • Others
  • Software & Services

Structural Health Monitoring Technology Outlook (Revenue in USD Million, 2017 - 2030)

  • Wired SHM
  • Wireless SHM

Structural Health Monitoring Application Outlook (Revenue in USD Million, 2017 - 2030)

  • Bridges & Dams
  • Buildings & Stadiums
  • Vessels & Platforms
  • Airframes & Wind Turbines
  • Large Machines & Equipments

Structural Health Monitoring Regional Outlook (Revenue in USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • United Arab Emirates (UAE)
    • Saudi Arabia
    • South Africa

List of Key Players of Structural Health Monitoring Market

  • Acellent Technologies, Inc.
  • Campbell Scientific, Inc.
  • COWI A/S
  • DIGI-TEXX
  • Geocomp, Inc.
  • GEOKON
  • GeoSIG Ltd
  • HBK
  • James Fisher and Sons plc.
  • Kinemetrics
  • NATIONAL INSTRUMENTS CORP.
  • Nova Ventures Group
  • Sixense
  • STRUCTURAL MONITORING SYSTEMS PLC
  • Xylem

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.

Ultra High Purity Silicon Carbide Market Set to Record Exponential Growth by 2027: Grand View Research Inc.

 Ultra High Purity Silicon Carbide Market Growth & Trends

The global ultra high purity silicon carbide market size is expected to reach USD 79.0 million by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.8% from 2020 to 2027. The rising penetration of electric vehicles and the growth of the renewable energy sector are projected to provide growth opportunities to market vendors.

Power supplies and photovoltaic inverters are among the significant application areas of silicon carbide (SiC) semiconductors. Moreover, SiC power electronics are adopted in electric vehicle charging products, wind energy infrastructure, and industrial motor drives. Thus, the demand for electric vehicles is expected to boost the growth of ultra-high purity silicon carbide semiconductors. The growing utilization of renewable sources of energy for power generation around the globe is anticipated to drive the market for SiC power semiconductors.

The development of emerging technologies, such as quantum computing, artificial intelligence, and 5G technology, is also anticipated to provide new opportunities for market vendors. Increasing penetration of these technologies, particularly in the U.S., is likely to remain a key factor contributing to the market growth. Companies in the U.S. have invested large sums in these technologies, thereby positively impacting the development of semiconductors required for artificial intelligence, supercomputers, and data centers. For instance, R&D investments in the U.S. semiconductor industry have increased at a CAGR of 6.6% from 1999 to 2019. In the U.S., R&D investments for 2019 amounted to USD 39.8 billion, which was around 17% of its sales, the highest among all the countries.

The increasing demand for light-emitting diodes (LEDs) is another key factor projected to fuel market growth over the coming years. Ultra-high purity silicon carbide is used to remove the impurities in LEDs. The LED lighting market is anticipated to register a growth rate of 13.4% from 2020 to 2027 owing to the decline in prices, stringent regulations related to lighting technologies, and efforts taken by various governments in the direction of sustainable development.

Companies in South Korea are involved in the development of silicon carbide technology, which is projected to remain a key driving factor in the long term. For instance, POSCO, one of the leading steel manufacturers in the globe, invested 10 years in the development of SiC single-crystal. In this project, POSCO is working on the development of 150-mm and 100-mm SiC substrate technology, which is close to commercialization. Another manufacturer SK Corporation (SKC) is likely to commercialize 150-mm SiC wafers.

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Ultra High Purity Silicon Carbide Market Report Highlights

  • In terms of both revenue and volume, semiconductor was the largest application segment in 2019. The growth of the segment is attributed to rising requirements of the increasing middle-class population, and thus indirect demand for electronics
  • By application, LEDs are projected to expand at the fastest CAGR of 15.6% in terms of revenue from 2020 to 2027. Increasing awareness regarding global warming has created a positive impact on the demand for LEDs due to their energy efficiency
  • The COVID-19 pandemic has created a severe impact on the end-use industries of ultra-high purity silicon carbide (UHPSiC). In terms of volume, demand for UHPSiC is projected to decline by nearly 10% in 2020 from 2019
  • Asia Pacific was the largest regional market and accounted for a volume share of 48.0% in 2019. High volume production of electronics and LEDs in China, South Korea, and Taiwan is a key growth factor for the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-ultra-high-purity-silicon-carbide-market

Ultra High Purity Silicon Carbide Market Segmentation

Grand View Research has segmented the global ultra high purity silicon carbide market on the basis of application and region:

Ultra High Purity Silicon Carbide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Semiconductors
  • LEDs
  • Others

Ultra High Purity Silicon Carbide Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

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

List of Key Players of Ultra High Purity Silicon Carbide Market

  • Washington Mills
  • CoorsTek Inc.
  • JJISCO Inc.
  • Pacific Rundum Co., Ltd.
  • American Elements
  • LG Innotek

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.

Retail Vending Machine Market to Expand with Significant CAGR During 2022 – 2030: Grand View Research Inc.

 Retail Vending Machine Market Growth & Trends

The global retail vending machine market size is expected to reach USD 129.40 billion by 2030, registering a CAGR of 10.7% over the forecast period, according to a new report by Grand View Research, Inc. The industry growth can also be attributed to the ability of these machines to deliver goods quickly, making it an extremely convenient option for consumers. Vending machine sales appear to be a potential means of food and beverage distribution, as these machines can sell various consumables, such as cigarettes and lottery tickets, in addition to snacks and beverages. As a result, vending machine operators can create high revenue by strategically installing them in corporate buildings, schools, malls, train stations, and airports, among other locations.

In recent years, IoT technology has provided vending machine operators with the opportunity to improve their businesses by tracking products and assessing what is popular in machines. By tracking stocks through connected devices, vending machine operators can be instantly alerted about low stock levels in their vending machines, which may ultimately reduce expenses and improve customer service. According to Sigfox, the noticeable use of IoT in the vending industry is in plug-and-play smart button devices that attach to machines, enabling individuals to contact facility management instantly. By payment mode, cashless payment technology is expected to witness tremendous growth as it goes hand in hand with payment security.

Although data breaches & scams have impeded the convenience of using a debit/credit card, vending machine operators are working with certain financial institutions to implement the strictest security measures to protect both customers and operators. Operators are adopting various strategies to maximize profit by being at the right location with the right products, sourcing products in bulk, investing in intelligent vending machines to gain consumer insights, and other ways. For instance, hot food and sandwich vending machines may do well in business environments, universities, and schools, while, in most public locations, hot drinks like coffee, tea, and hot chocolate have high demand. Industry players face intense competition from each other, as some of them operate at several locations and have large customer bases. The presence of many small-scale players is also leading to increased competition.

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Retail Vending Machine Market Report Highlights

  • North America accounted for the highest market share in 2021. This region is projected to register a significant CAGR over the forecast period
  • The rapid rise of self-service technology in this region has created new business avenues for vending machines. Thus, several operators are focusing on launching their businesses in strategic locations across the region
  • The cashless payment segment is estimated to register the fastest CAGR from 2022 to 2030 as this payment method offers convenience and logistical solutions
  • Moreover, handling cash in vending machines is a costly process for operators, in terms of time spent collecting and counting money and losses incurred through vandalism and theft
  • The office segment is likely to remain at the forefront throughout the forecast period. Vending machines are installed in workplaces to offer employees a convenient, affordable, and quick option for buying food

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

Retail Vending Machine Market Segmentation

Grand View Research has segmented the global retail vending machine market based on type, payment mode, application, and region:

Retail Vending Machine Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Food
  • Beverage
  • Games/Amusement
  • Tobacco
  • Candy & Confectionery
  • Beauty & Personal Care
  • Ticket
  • Others (Ice-cream Vending Machines, Pharmacy, Vending Machine, etc.)

Retail Vending Machine Payment Mode Outlook (Revenue, USD Million, 2017 - 2030)

  • Cash
  • Cashless

Retail Vending Machine Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Commercial Places
  • Offices
  • Public Places
  • Others

Retail Vending Machine Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Retail Vending Machine Market

  • Azkoyen Group
  • Cantaloupe Systems
  • Westomatic Vending Services Limited
  • Royal Vendors, Inc.
  • Glory Ltd.
  • Sanden Holding Corp.
  • Seaga Manufacturing Inc.
  • Orasesta S.p.A
  • Sellmat s.r.l.
  • Fuji Electric 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.

Wednesday, 7 August 2024

Small Molecule Innovator CDMO Market Strong Application and Emerging Trends also Scope by 2030: Grand View Research Inc.

 Small Molecule Innovator CDMO Market Growth & Trends

The global small molecule innovator CDMO market size is expected to reach USD 74.9 billion by 2030, expanding at 6.21% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. There is a growing interest among pharmaceutical companies in outsourcing to support core competencies such as sales, marketing, and others, due to associated cost savings. Furthermore, outsourcing enables companies to further progress core competencies such as drug development and manufacturing activities. Hence, expansions by small molecule CDMOs in recent years promise major support for the market growth in the upcoming years.

Small molecules continue to play an important role in the development of new treatments globally. Specialty medicines are increasingly driving global pharmaceutical manufacturing growth, particularly in developed markets with small molecule application accounting for over half of specialty sales. The application of small molecules are becoming increasingly complex.

Small Molecule Innovator CDMO Market Report Scope

Report Attribute

Details

Market Size value in 2023

USD 48.6 billion

Revenue forecast in 2030

USD 74.9 billion

Growth Rate

CAGR of 6.4% from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

The majority of solutions in the regulatory approval pipeline are made up of poorly soluble compounds that would require enabling technology to progress to clinical trials and beyond. As therapy targets and focus areas become more specific, creating target product profiles has become increasingly difficult. Failure to achieve appropriate bioavailability is an additional stumbling block in the development of many new chemical entities. These factors are expected to support the overall market growth.

The geriatric population is expected to witness a surge in the coming years. For instance, the WHO estimates that there will be more than 2 billion people aged 60 and over by 2050. This would create a lot of opportunities for the development of new small-molecule drugs, which is expected to support the market growth in the post-pandemic period.

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Small Molecule Innovator CDMO Market Report Highlights

  • The small molecule API segment is anticipated to register the fastest CAGR of 6.7% over the forecast period. This growth can primarily be attributed to the high approval rate of NME small molecules by regulatory agencies
  • The clinical stage segment dominated the market with 55.1% of the revenue share in 2022. CDMOs offer specialized expertise, time-saving, and cost-efficiency during clinical procedures. This is expected to augment the segmental growth over the forecast period
  • Based on customer type, the pharmaceutical companies segment held the largest share of 93.9% in 2022. The growing focus on pharmaceutical companies to focus on core competencies, such as sales and adoption of expansion strategies by CDMOs for manufacturing small molecule drugs, are promoting the segment’s market growth
  • The oncology segment dominated the market with 41.8% of the revenue share in 2022, and it is anticipated to register the fastest CAGR of over 7.0% over the forecast period. A significant number of oncology drugs in the regulatory approval pipeline is one of the major factors supporting the segment’s growth
  • Asia Pacific is anticipated to register the fastest CAGR of 7.2% over the forecast period. Due to significantly cheaper manufacturing costs than in North America & Europe and favorable regulations guiding innovation

Access Press Release@ https://www.grandviewresearch.com/press-release/global-small-molecule-innovator-cdmo-market

Small Molecule Innovator CDMO Market Segmentation

Grand View Research has segmented the global small molecule innovator CDMO market based on product, stage type, customer type, therapeutic area, and region:

Small Molecule Innovator CDMO Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Small Molecule API
  • Small Molecule Drug Product
    • Oral solid dose
    • Semi-Solid Dose
    • Liquid Dose
    • Others

Small Molecule Innovator CDMO Stage Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Preclinical
  • Clinical
    • Phase I
      • Small
      • Medium
      • Large
    • Phase II
      • Small
      • Medium
      • Large
    • Phase III
      • Small
      • Medium
      • Large
    • Commercial

Small Molecule Innovator CDMO Customer Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical
    • Small
    • Medium
    • Large
  • Biotechnology

Small Molecule Innovator CDMO Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)

  • Cardiovascular disease
  • Oncology
  • Respiratory disorders
  • Neurology
  • Metabolic disorders
  • Infectious disease
  • Others

Small Molecule Innovator CDMO Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Small Molecule Innovator CDMO Market

  • Piramal Pharma Solutions
  • CordenPharma International
  • Wuxi AppTec
  • Cambrex Corporation
  • Recipharm AB
  • Pantheon (Thermo Fisher Scientific)
  • Lonza
  • Catalent Inc.
  • Siegfried Holding AG
  • Boehringer Ingelheim
  • Labcorp Drug Development

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.


Sweeteners Market Factors Hindering The Growth Rate, Challenges and Restraints For Business Development 2030

 

Sweeteners Market Growth & Trends

The global sweeteners market size is expected to reach USD 97.57 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.4% from 2022 to 2030. The growing application of sweeteners in the food and beverage industry across the globe is driving the market. Further, the growing prevalence of diseases associated with high sugar consumption has increased the demand for low- or no-calorie sweeteners such as high-intensity sweeteners.

Increasing health consciousness among consumers in emerging economies is expected to accelerate the market growth during the forecast period. The growth of honey and artificial sweeteners is majorly attributed to rising health consciousness among consumers to encourage healthier and more nutritious food around the globe. In addition to this, the rising inclination towards natural products is propelling the growth of the market.

Increasing frequency of diseases occurring due to unhealthy lifestyles has resulted in the growing demand for nutrient-rich food, which is anticipated to drive the market over the forecast period. Low-calorie sweeteners such as high-intensity sweeteners, polyol sweeteners, and rare sugar are anticipated to witness substantial growth over the forecast period owing to their increasing applications and health benefits.

The growing prevalence of diseases associated with high sugar consumption has increased the demand for low- or no-calorie sweeteners. Low-calorie sweeteners contain very few calories but have a high intensity of sweetness per gram than high-calorie sweeteners such as table sugar, fruit juice concentrates, and corn syrup. They are widely used in various beverages and foods such as frozen desserts, yogurt, candies, baked goods, chewing gum, breakfast cereals, gelatins, and puddings.

Rising awareness regarding obesity and cardiovascular diseases is expected to limit the demand for fatty foods and food with added high fructose corn syrup (HFCS) and sucrose, which are considered high-calorie sweeteners. This factor is anticipated to positively support the growth of high-intensity sweeteners such as stevia, aspartame, and fat replacers such as whey protein and starch.

Europe is witnessing an increased demand for cakes, pastries, bread-based products, and beverages, which is driving the demand for sweeteners. Further, increasing health-conscious population is expected to support sales of healthy food and beverages, along with healthy sweeteners in Europe. According to the British Soft Drinks Association, low-/no-calorie drinks held a share of 68.6% of the total sales of soft drinks in the U.K. in 2020. Low-calorie food and beverages are gaining popularity in the region, thus contributing to the growth of the market for high-intensity sweeteners, fat replacements, and flavor enhancers.

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Sweeteners Market Report Highlights

  • The sucrose type segment led the market in 2021 owing to its wide application in the food & beverages, pharmaceuticals, cosmetics, and personal care products industries, easy availability, and low costs
  • The liquid form segment is expected to grow at a lucrative rate of 2.9% over the forecast period as the liquid form offers more solubility and flexibility for use in different applications such as food & beverages, pharmaceuticals, and personal care and cosmetics
  • Asia Pacific dominated the market with a share of over 30.0% in 2021. The increasing application of sweeteners in various food products in economies such as China and India is a key factor contributing to the growth of the food and beverage industry in the region

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

Sweeteners Market Segmentation

Grand View Research has segmented the global sweeteners market based on type, form, application, and region:

Sweeteners Type Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • Sucrose
  • High-Fructose Corn Syrup
  • Polyol Sweeteners/Sugar Alcohols
    • Sorbitol
    • Xylitol
    • Mannitol
    • Maltitol
    • Isomalt
    • Erythritol
    • Lyxitol
    • Others
  • High Intensity Sweeteners
    • Aspartame
    • Sucralose
    • Saccharin
    • Cyclamates
    • Acesulfame Potassium (Ace- K)
    • Stevia
    • Monk Fruit (Luo Han Guo)
    • Brazzein
    • Others
  • Allulose
  • Tagatose
  • Cambya
  • Others

Sweeteners Form Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • Solid
  • Liquid

Sweeteners Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • Bakery & Confectionery
  • Beverages
  • Dairy & Frozen Desserts
  • Pharmaceuticals
  • Others

Sweeteners Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Sweeteners Market

  • ADM
  • Ingredion
  • Cargill, Incorporated
  • Roquette Frères
  • Tate & Lyle
  • Foodchem International Corporation
  • PureCircle
  • Pyure Brands LLC
  • Beeyond the Hive
  • Dabur India Ltd.
  • Kerry Group plc
  • Ajinomoto Co., Inc.
  • International Flavors & Fragrances Inc.
  • DFI Corporation
  • Nascent Health Sciences, 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.

Decentralized Finance Market Set to Surge Significantly During 2023-2030: Grand View Research Inc.

 Decentralized Finance Market Growth & Trends

The global decentralized finance market size is expected to reach USD 231.19 billion by 2030, expanding at a CAGR of 46.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The Decentralized Finance (DeFi) market is experiencing significant growth in terms of revenue attributed to the rapid technological advancements and continuous innovation within the crypto industry. In addition, the market's expansion is propelled by the high level of transparency and real-time settlement capabilities offered by DeFi networks.

In April 2023, Life DeFi, a prominent decentralized finance ecosystem, unveiled its latest collaboration with a Web3 infrastructure provider, Validation Cloud. This strategic partnership aims to empower retail users by enabling them to easily stake their digital assets directly from the Life DeFi Wallet mobile applications. Leveraging the robust validator nodes offered by Validation Cloud, this collaboration ensures a seamless, trustworthy, and secure staking experience for users of the Life DeFi platform.

The rise of Decentralized Finance (DeFi) will create new business opportunities for traditional banks and other financial service providers in the coming years. As the use cases for decentralized finance expand and gain traction, financial institutions will have the potential to integrate comprehensive solutions. This could include offering asset securitization and financing to institutional clients within decentralized finance protocols. Furthermore, financial firms may develop specialized services tailored for Web 3.0 enterprises and entrepreneurs, such as compliance solutions, risk management, or insurance underwriting for DeFi protocols.

During the COVID-19 pandemic, the emergence of decentralized finance platforms gained significant attention as investors sought higher yields amidst historically low-interest rates. These platforms provide services comparable to traditional financial institutions but with less regulatory oversight, making them appealing to investors during the pandemic. One of the key advantages of DeFi is its decentralized nature, devoid of any central authority, which is expected to unlock new possibilities and opportunities for the market.

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Decentralized Finance Market Report Highlights

  • The smart contracts segment is anticipated to witness significant growth over the forecast period. Decentralized contracts offer a range of benefits, including transparency, which is inherent in the nature of blockchain technology. Smart contracts, being an integral part of the blockchain, operate with built-in enforcement mechanisms where every transaction and action is recorded and accessible to the public
  • The payments segment is expected to witness the fastest growth over the forecast period. The growth of DeFi can be attributed to its disintermediation feature, which effectively reduces payment transaction costs
  • The Asia Pacific regional market is anticipated to witness the fastest growth over the forecast perioddue to its large and tech-savvy population, supportive regulatory frameworks, and established financial centers. These factors create a conducive environment for the region's growth and adoption of DeFi solutions

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

Decentralized Finance Market Segmentation

Grand View Research has segmented the global Decentralized Finance (DeFi) market based on component, application, and region:

Decentralized Finance Component Outlook (Revenue, USD Million, 2020 - 2030)

  • Blockchain Technology
  • Decentralized Applications (dApps)
  • Smart Contracts

Decentralized Finance Application Outlook (Revenue, USD Million, 2020 - 2030)

  • Assets Tokenization
  • Compliance & Identity
  • Marketplaces & Liquidity
  • Payments
  • Data & Analytics
  • Decentralized Exchanges
  • Prediction Industry
  • Stablecoins
  • Others

Decentralized Finance Regional Outlook (Revenue, USD Million, 2020 - 2030)

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

List of Key Players of Decentralized Finance Market

  • Compound Labs, Inc.
  • MakerDAO
  • Aave
  • Uniswap
  • SushiSwap
  • Curve Finance
  • Synthetix
  • Balancer
  • Bancor Network
  • Badger DAO

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.

Natural Extracts Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Natural Extracts Market Growth & Trends

The global natural extracts market size is expected to reach USD 18.95 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.9% from 2021 to 2028. The increasing consumer awareness regarding the benefits of natural products, coupled with the changing lifestyles and the growing consumer disposal income, is fueling the market growth.

The COVID-19 spread across geographies impacted the market by causing supply chain disruptions and industrial shutdowns in 2020. However, it created a significant demand for nutraceutical and pharmaceutical supplements and functional food and beverage products that supported the market growth.

The pharmaceuticals and nutraceuticals application segments are likely to offer prominent opportunities as the demand for naturally healthy and nutritional supplements is increasing. Immunity-boosting supplements are expected to favor the market growth, especially post the COVID-19 impact. Essential oils are expected to witness considerable growth in the forecast period owing to their demand in the flavors and fragrances application. Global adoption of aromatherapy as a stress-releasing and relaxing activity is likely to boost product sales in the near future. Europe accounted for the largest revenue share in 2020.

The market is likely to witness lucrative opportunities from other applications, such as cleaning formulations, disinfectants, and mosquito repellents. Lemon, clove, peppermint, bergamot, cinnamon, cilantro, orange, lavender, lime, and melaleuca are some of the popularly used essential oils in cleaning and home applications. These oils help break down toxins, clean and purify the air, support healthy respiratory function, and relieve seasonal discomfort. Tea tree and eucalyptus essential oils are widely used for bathroom cleaning applications owing to their antifungal and antibacterial properties, which are effective in controlling the spread of staph germs, influenza, and pneumonia. Thyme oil is used in kitchen cleaners owing to its antiseptic and antibacterial properties, thus enabling the control of bacteria.

The highest natural extracts demand has been witnessed in Europe and North America from the food and beverage and personal care and cosmetics application segments, mainly in the form of flavors and fragrances. The expanding markets of India and China in the Asia Pacific region are likely to promote market growth in terms of raw material availability, economical manufacturing, and emerging application markets in the countries.

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Natural Extracts Market Report Highlights

  • The dried crops product segment held the largest revenue share of almost 40.0% in 2020 and is expected to dominate the market over the forecast period due to the rising demand for dried crops in various end-use industries
  • The essential oils product segment is expected to witness considerable growth from 2021 to 2028 owing to their applications in flavors, fragrances, and aromatherapy
  • In terms of revenue, the nutraceuticals application segment is anticipated to grow at the fastest rate of 9.4% over the forecast period
  • Manufacturers focus on R&D initiatives to offer new and better products to the customers. Companies develop partnerships with other manufacturers to manufacture potential products to meet the specific demands of the customers
  • The market has been characterized as a fragmented market as it includes several players operating in the market at the global and regional levels

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

Natural Extracts Market Segmentation

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

Natural Extracts Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Essential Oils
    • Turmeric Oil
    • Ginger Oil
    • Peppermint Oil
    • Davana Oil
    • Cedarwood
    • Cornmint
    • Eucalyptus
    • Lemon
    • Lime
    • Orange
    • Vetiver
    • Tea Tree
    • Patchouli Oil
  • Oleoresins
    • Paprika
    • Black Pepper
    • Capsicum
    • Turmeric
    • Ginger
    • Garlic
    • Onion
    • Others
  • Herbal Extracts
    • Capsaicin
    • 95% Curcumin
    • Ashwagandha
    • Kale
  • Natural Colors
    • Paprika
    • Natural Yellow Color
    • Annatto Color
    • Anthocyanin Color
  • Dried Crops
    • Dried Chili Whole
    • Dried Ginger Whole
    • Dried Turmeric Whole

Natural Extracts Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Personal Care & Cosmetics
  • Food & Beverage
  • Animal Feed
  • Pharmaceuticals
  • Nutraceuticals
  • Others

Natural Extracts Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

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

 List of Key Players of Natural Extracts Market

  • Symrise
  • Indesso Aroma
  • Kancor
  • Synthite Industries Ltd.
  • com
  • Vidya Herbs
  • Plant Lipids
  • Ransom Naturals Ltd.
  • India Essential Oils
  • A. G. Industries
  • Flavex Naturextrakte GmbH
  • Arjuna Natural Pvt. Ltd.
  • Firmenich SA
  • Robertet Group
  • Sami Spices
  • Falcon
  • Blue Sky Botanics
  • doTERRA
  • Naturex
  • OmniActive Health Technologies

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, 5 August 2024

Home Textile Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Home Textile Market Growth & Trends

The global home textile market size is expected to reach USD 185.97 billion by 2030, expanding at 5.7% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The home textile & bedding industry is in a state of flux. Shifting retail models, along with changing consumer preferences, encourages manufacturers to continuously implement new strategies to combat challenges. The overall business arena is undergoing a disruption owing to the rapid adoption of online retailing.

Organic fiber-based materials have witnessed an increased demand over the years. Several consumers have been showing a preference for organic cotton as well as for certifications such as Oeko-Tex, which ensure that no toxic chemicals are used while manufacturing the product. In January 2021, Mitchell Gold + Bob Williams launched its first exclusive bedding line, and the collection comprises of an array of textures and subtle colors. Every piece in the line has Oeko-Tex Certification. Thus, organic and natural products that are eco-friendly, as well as toxin-free, have been gaining traction.

Manufacturers, to produce quality products, have been using the most modern technologies and are thus, continuously updating their manufacturing facilities. The manufacturing of home textile products can be initiated with low-to-medium capital investment and thus, a plethora of manufacturers have entered the picture. With the changes in consumer buying behavior, high-end products have also been experiencing traffic.

The e-commerce market is expected to progress at a faster rate than the offline market in the coming years. The concept of the bed-in-a-box has been gaining popularity among consumers, which is expected to contribute to the growth of online distribution channels over the forecast period. Benefits such as convenient and hassle-free purchasing, free delivery by many companies, and the availability of a wide variety of products to suit everybody’s size and sleeping style have significantly contributed to the popularity of this trend.

Manufacturers and retailers in the industry have been leveraging all consumer touchpoints to move consumers beyond replenishment and inspire them to purchase new products, which has resulted in the collaboration and coordination of hundreds of workers at multiple companies around the globe. This complex and tightly interconnected network can have significant implications on the price, quality, and availability of products that customers ultimately see at the end of the supply chain.

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Home Textile Market Report Highlights

  • Home textile products, including bed linen, made using natural fabrics have been in demand for a decade now. However, the demand for natural materials has seen significant growth since the pandemic and is expected to increase further in the future. For bed linens, Scandinavian designs in naturally grown fabric materials and stripped-down styles have been trending in 2022. Most designer magazines featuring home decorhighlight Scandinavian influence on bed linens, as they create light-and-bright bedrooms with an airy aesthetic while offering a superior feel and comfort owing to the incorporation of natural fabric
  • Shifting retail models along with changing consumer preferences push manufacturers to continuously form new strategies to combat the challenges. Manufacturers have been focusing on automating manufacturing plants and engaging in constant product innovation to launch products that provide better solutions to users
  • Companies in the North America home textiles have been implementing various corporate strategies to achieve instant inorganic growth, with partnerships being one of the most vital strategies. For instance, in December 2020, WestPoint Home, Inc., partnered with asthma and allergy expert Robin Wilson to develop bedding and bath collections under the Clean Design Home x Martex brand. The assortment includes sheets, comforters, towels, and utility bedding

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

Home Textile Market Segmentation

Grand View Research has segmented the global home textile market based on products, material, distribution channel, and region:

Home Textile Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Bedroom Linen
  • Bathroom Linen
  • Carpets and Floor Coverings
  • Kitchen Linen
  • Curtains and Drapes

Home Textile Material Outlook (Revenue, USD Billion, 2017 - 2030)

  • Polyester
  • Cotton
  • Silk
  • Wool
  • Others (hemp, jute, etc.)

Home Textile Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Offline
    • Supermarket/ Hypermarket
    • Specialty Stores
    • Others
  • Online

Home Textile Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Home Textile Market

  • Welspun Group
  • Springs Global
  • New Sega Home Textiles
  • Ralph Lauren Corporation
  • Shenzhen Fuanna
  • Trident Group
  • Marvic Textiles
  • Shanghai Hometex, Honsun
  • Hunan Mendale Hometextile Company Ltd.
  • LLC Honsun Home Textile

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...