Tuesday 15 October 2024

Japan Inbound Wholesale Roaming Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Japan Inbound Wholesale Roaming Market Growth & Trends

The Japan inbound wholesale roaming market size is expected to reach USD 2.35 billion by 2030 and exhibit a CAGR of 6.7% from 2024 to 2030 according to a new study by Grand View Research, Inc., The widespread deployment of 5G infrastructure across Japan has significantly enhanced data speeds and connectivity, catering to modern travellers who rely heavily on mobile data for various applications, including streaming, navigation, and real-time communication. The growing number of 5G mobile subscribers worldwide is significantly driving the demand for roaming services. International travellers with 5G-enabled devices seek high-speed data connectivity, further fuelling this demand.

The widespread adoption of advanced technologies, such as IoT, Cloud, and 5G is providing significant growth opportunities for the Japan inbound wholesale roaming market. The rapid increase in connected devices, from industrial machinery to wearable technology, requires robust, geographically neutral connectivity solutions. Roaming services are crucial in ensuring seamless data transmission for these devices globally. Mobile Network Operators (MNOs) are well-positioned to exploit this market by developing specialized roaming packages tailored to the specific data transmission needs of IoT and M2M devices, such as low power consumption, reliable small data packet transfers, or real-time data exchange.

Strategic partnerships between Japanese and international telecom operators also play a crucial role in enhancing the quality and coverage of roaming services, ensuring that travellers experience consistent and high-quality connectivity. These factors are collectively driving the growth of the Japan inbound roaming market, emphasizing the importance of advanced network infrastructure and customer-centric service offerings.

However, long average of clearing and settlement times significantly impact various aspects of the inbound wholesale roaming market in Japan. From a financial perspective, delayed payments result in postponed revenue recognition for Mobile Network Operators (MNOs), straining their cash flow and making investments in network improvements, new technologies, and expansion projects difficult. This also necessitates higher working capital to bridge the gap between service delivery and payment receipt, increasing financial pressure on the operators. 

Request a free sample copy or view report summary: Japan Inbound Wholesale Roaming Market Report

Japan Inbound Wholesale Roaming Market Report Highlights

  • Based on service, the IoT segment is expected to register a CAGR of 10.6% from 2024 to 2030. The deployment of Low-Power Wide-Area (LPWA) and 5G technologies is significantly boosting the use of interconnected and eSIM-enabled consumer IoT devices, such as NB-IoT-enabled door locks, smoke alarms, smart home appliances, 4G-connected cameras, multilingual translators, and 5G FWA CPEs. IoT devices are increasingly equipped with eSIM technology to simplify the activation of various isolated devices. The eSIM technology automates this process safely and efficiently. The notable rise in eSIM adoption is driving the growth of the IoT sector in Japan's inbound wholesale roaming market by ensuring reliable and effective global device activation and usage.
  • Based on roaming type, the post-paid segment is expected to register a CAGR of 7.0% from 2024 to 2030. Japan is a major hub for business travel, where post-paid plans offer a convenient and cost-effective solution for staying connected with colleagues and clients on the go. Japanese mobile operators are capitalizing on this trend by offering tailored post-paid plans to meet the specific needs of business travellers, enhancing their connectivity and productivity while traveling.
  • In terms of application, the mobile router usage roaming segment is expected to register a CAGR of 9.8% from 2024 to 2030. This segment is thriving due to the growing demand for reliable internet connectivity among international travellers. Mobile routers provide a convenient solution for tourists, business travellers, and expatriates, enabling continuous internet access without the need for local SIM cards or public Wi-Fi networks. This increased demand is fuelled by the necessity for seamless communication, access to online services, and the convenience of connecting multiple devices simultaneously.
  • Based on inbound countries, the China segment is expected to register a CAGR of 8.8% from 2024 to 2030. China's expanding economy, growing population, and rapidly increasing middle-class income group are significantly boosting various industries, including international travel. As disposable incomes rise, more Chinese citizens are traveling abroad, with Japan becoming a popular destination. This influx of Chinese tourists is not only bolstering Japan's tourism industry but also prompting Japanese mobile operators to offer tailored roaming packages to meet the needs of these visitors, thereby capitalizing on the trend and enhancing the travel experience for Chinese tourists. 

Access Press Release@ https://www.grandviewresearch.com/press-release/japan-inbound-wholesale-roaming-market-analysis

Japan Inbound Wholesale Roaming Market Segmentation

Grand View Research has segmented the Japan inbound wholesale roaming market based on service, roaming type, application, inbound countries, and region:

Japan Inbound Wholesale Roaming Service Outlook (Revenue, USD Million, 2018 - 2030)

  • Data
  • SMS
  • Voice
  • IoT

Japan Inbound Wholesale Roaming Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Pre-paid
  • Post-paid

Japan Inbound Wholesale Roaming Application Outlook (Revenue, USD Million, 2018 - 2030)

  • MNO Telco Roaming
  • Travel SIM Roaming
  • Mobile Router Usage Roaming 

Japan Inbound Wholesale Roaming Inbound Countries Outlook (Revenue, USD Million, 2018 - 2030)

  • US.
  • China
  • Korea
  • Taiwan
  • Hong Kong
  • Thailand
  • Australia
  • Philippines
  • Malaysia
  • Vietnam
  • Rest of the World

List of Key Players in the Japan Inbound Wholesale Roaming Market

  • NTT DOCOMO
  • SoftBank Corp.
  • KDDI CORPORATION
  • Rakuten Mobile, Inc. (Rakuten Group, Inc.)
  • Internet Initiative Japan Inc.
  • Sakura Mobile
  • Asahi Net, Inc.
  • Sony Network Communications Inc. (So-net)
  • WirelessGate Inc.
  • Inbound Platform Corp.

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.

Digital Printing Market is Projected to Boost $57.03 Billion by 2030: Grand View Research Inc.

 Digital Printing Market Growth & Trends

The global digital printing market size is anticipated to reach USD 57.03 billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing a surge in demand driven by several key factors. One of the primary reasons is the ability of digital printing technology to offer high levels of customization. Unlike traditional printing methods that often require costly setup processes for each design variation, digital printing allows for quick and easy customization. This flexibility is particularly appealing to industries such as fashion and home décor, where personalized products are increasingly sought after by consumers looking for unique and tailored items.

Another significant factor contributing to the growth of digital printing is its capability for short-run production. Traditional printing methods like offset printing are more suitable for large-scale runs due to higher setup costs and longer lead times. In contrast, digital printing enables cost-effective production of small quantities. This advantage is crucial for businesses that require on-demand printing or frequent updates to their product offerings, allowing them to manage inventory efficiently and reduce waste.

Speed and efficiency are also key drivers behind the rising demand for digital printing. Digital printing eliminates the need for time-consuming setup processes involved in traditional printing methods. This allows for quicker turnaround times, enabling businesses to respond promptly to market demands and customer orders. The ability to produce prints rapidly without compromising on quality is particularly beneficial in industries with fast-paced environments and tight deadlines.

However, initial investment costs associated with digital printing equipment act as a market restraint. Digital printing can be cost-effective for short runs and customized projects, and the upfront investment in high-quality printers and software can be substantial. This cost barrier may deter smaller businesses or startups from adopting digital printing technology, especially if they do not have a consistent volume of printing orders to justify the investment. Another challenge is the limitation in printing speed and efficiency for large-scale production compared to traditional printing methods like offset printing. While digital printing offers quick turnaround times for small to medium-sized print jobs, it may not be as efficient for very large runs due to slower printing speeds and higher per-unit costs. This constraint can limit its application in industries where mass production at high speed is crucial.

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

Digital Printing Market Report Highlights

  • The inkjet printing segment claimed the largest market share of 48.4% in 2023 in the market. The segment's dominance can be attributed to its cost-effectiveness, especially in terms of setup and production for short to medium print runs. Unlike traditional offset printing, which often involves costly setup processes and higher minimum print quantities, inkjet printing allows for more economical production of smaller batches. This capability is particularly beneficial for personalized products, prototypes, and on-demand printing scenarios.
  • The UV-curable ink segment is projected to register the fastest CAGR of 7.4%. UV-curable inks offer significant advantages in terms of print quality and durability. These inks cure instantly when exposed to ultraviolet (UV) light, resulting in prints that are immediately dry and resistant to scratching and fading. This rapid curing process allows for faster production speeds compared to traditional solvent-based or water-based inks, thereby increasing efficiency in digital printing operations.
  • The fabric segment is expected to register the highest CAGR of 8.5% from 2024 to 2030 in the market. Digital printing technology has revolutionized the textile and apparel industries by offering flexibility and customization capabilities. Unlike traditional textile printing methods such as screen printing or rotary printing, digital printing allows for intricate designs, vibrant colors, and detailed patterns to be printed directly onto fabrics with high precision. This capability is particularly attractive to fashion brands, interior designers, and manufacturers seeking to differentiate their products in a competitive market.
  • The packaging segment dominated the target market with a market share of 51.7% in 2023. The ability of digital printing to provide high-quality, vibrant prints on various packaging substrates-including paperboard, corrugated board, flexible packaging materials, and labels-has contributed to its widespread adoption in the packaging industry. Digital printers can reproduce intricate designs, intricate patterns, and vibrant colors with exceptional clarity and detail, enhancing the visual appeal of packaged products on store shelves.
  • North America, led by the U.S., dominated the market in 2023. North America benefits from a robust ecosystem that supports the growth and adoption of digital printing across diverse industries. The region has witnessed substantial demand for digital printing solutions in sectors such as packaging, textiles, advertising, and publishing. This demand is fueled by the increasing preference for personalized and customized products, rapid prototyping capabilities, and the ability to produce short print runs economically. North American companies have adeptly capitalized on these trends, tailoring their offerings to meet the specific needs of each industry segment.
  • In May 2024, Electronics for Imaging, Inc. unveiled multiple innovative solutions in inkjet printing for display graphics, packaging, and textiles at the Drupa 2024 exhibition in Germany. The company introduced the EFI Nozomi 14000 AQ, a new single-pass inkjet technology designed for corrugated packaging and displays. This technology features water-based inks that provide packaging producers with an additional option for their corrugated applications. These water-based inks comply with regulations set forth by the European Printing Ink Association (EuPIA), the Swiss Ordinance RS817.023.21, and adhere to Nestlé Guidance Note and European directives regarding packaging inks.

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

Digital Printing Market Segmentation

Grand View Research has segmented the global digital printing market report based on technology, ink, substrate, application, and region:

Digital Printing Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Inkjet Printing
  • Laser Printing
  • Electrophotography
  • Thermal Transfer Printing
  • Others

Digital Printing Ink Outlook (Revenue, USD Million, 2017 - 2030)

  • Solvent-Based Ink
  • UV-Curable Ink
  • Aqueous Ink
  • Latex Ink
  • Others

Digital Printing Substrate Outlook (Revenue, USD Million, 2017 - 2030)

  • Paper
  • Plastic
  • Fabric
  • Glass & Metal
  • Others

Digital Printing Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Packaging
  • Advertising
  • Publishing
  • Textiles

Digital Printing Regional Outlook (Revenue, USD Million, 2017 - 2030) 

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

List of Key Players in the Digital Printing Market

  • HP Inc.
  • Canon, Inc.
  • Ricoh Company, Ltd.
  • Mimaki Engineering Co., Ltd.
  • Roland DG Corporation
  • Xerox Corporation
  • Seiko Epson Corporation
  • DURST GROUP AG
  • Brother Industries, Ltd.
  • Electronics For Imaging, 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.

Monday 14 October 2024

Microprocessor Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Microprocessor Market Growth & Trends

The global microprocessor market size is projected to reach USD 196.50 billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Moreover, the global microprocessor market volume is projected to reach 3.90 billion units in 2030. In recent years, growing IT industries and increasing data centers have been observed continuously demanding cloud and web-based services. The shifting inclination towards cloud data storage is expected to result in growing demand for servers, further boosting the demand for microprocessors over the forecast years. Besides, there is a surging need to minimize the size of microprocessors due to the compact size of devices that enable improved processing, speed, and portability, resulting in the growth of the market across the globe.

Escalating demand for microprocessors in various applications such as 5G technology, smart cards, artificial intelligence (AI), and machine learning techniques is expected to be one of the key factors boosting the market growth. The aforementioned applications enable speedier transit of organizational data across the IT network and thus find extensive usage in public clouds, data center facilities, and connected devices. Most organizations are, therefore, incorporating ICs to support the functioning of advanced technologies in devices, resulting in lower operational costs.

Embedded devices application is driven by extensive usage of microprocessors. Based on the type of application, embedded microprocessors can use 8, 16, 32, and 64-bit processors. High-end processors find use in communications infrastructure equipment such as soft switches and firewalls, whereas usage of low-end processors lies in consumer electronics and industrial applications. Furthermore, economic betterment in Asia Pacific and consequent growth in market penetration of consumer electronics remain key contributors to regional as well as global growth.

Companies manufacturing microprocessors are investing in Research and Development (R&D) to provide new products to their customers. For instance, in March 2024, STMicroelectronics announced the launch of the STM32MP2 series, its second generation of industrial microprocessors, aimed at advancing smart factories, buildings, healthcare, and infrastructure. These MPUs will power next-generation equipment like industrial controllers, medical wearables, and smart appliances, supporting digital transformation through technologies such as cloud computing, AI, and IoT.

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

Microprocessor Market Report Highlights

  • Based on architecture, the ARM MPU segment is expected to register the fastest CAGR from 2024 to 2030. The segment's growth is attributed to the versatility and energy efficiency of ARM-based processors, which serve a wide range of applications.
  • Based on application, the personal computers segment dominated the market in 2023. It is driven by the rising use of advanced microprocessor chips and key players like Advanced Micro Devices, Inc. introducing new products such as the Ryzen 8000G Series to enhance performance and energy efficiency.
  • In 2023, Asia Pacific led the microprocessor market, driven by an improving technological infrastructure in the region. Moreover, high electronics manufacturing activity in the region drives the demand for microprocessors.
  • In July 2023, Microchip Technology Incorporated opened its new R&D center in Hyderabad, India, enhancing its presence in India alongside existing centers in Bangalore and Chennai. This expansion, part of a multi-year investment initiative, aims to grow Microchip Technology Incorporated's workforce and operations in India, bolstering the company's long-term growth plans and supporting its global business needs.

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

Microprocessor Market Segmentation

Grand View Research has segmented the global microprocessor market based on the architecture, application, and region:

MicroprocessorArchitecture Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • ARM MPU
    • By ARM Size
      • ARM 32-Bit
      • ARM 64-Bit
    • By End-use
      • Consumer Electronics
      • Networking & Communication
      • Automotive
      • Industrial
      • Medical Systems
      • Aerospace & Defense
      • Energy
        • Oil & Gas
        • Others
      • Others
    • x64
    • x86
    • MIPS

MicroprocessorApplication Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • Smartphones
  • Personal Computers
  • Servers
  • Tablets
  • Embedded Devices
  • Others

MicroprocessorRegional Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

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

List of the Key Players in the Microprocessor Market

  • Advanced Micro Devices, Inc.
  • Intel Corporation
  • Qualcomm Technologies, Inc.
  • Texas Instruments Incorporated
  • STMicroelectronics
  • Microchip Technology Inc.
  • NXP Semiconductors
  • Renesas Electronics Corporation
  • MediaTek Inc.
  • NVIDIA Corporation
  • Analog Devices, Inc.
  • Broadcom
  • Nuvoton Technology Corporation
  • Samsung
  • The Western Design Center, Inc.
  • SiFive, 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.

Saturated Polyester Resin Market to Reap Excessive Revenues By 2030

 Saturated Polyester Resin Market Growth & Trends

The global saturated polyester resin market size is anticipated to reach USD 7.91 billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising adoption of electrical vehicles (EVs) to reduce fossil fuel usage and the advent of technologies such as artificial intelligence (AI), cloud computing, edge computing and internet of things (IoT) is driving the market.

As more people and companies shift to EVs to reduce fossil fuel usage and environmental impact, the automotive industry needs high-performance materials for coatings and adhesives that offer durability, flexibility, and resistance to chemicals and weathering. Saturated polyester resins meet these needs perfectly, making them essential in the manufacturing and maintenance of EVs. Their use in protective coatings ensures the longevity and aesthetic appeal of EV components, which is crucial as the market for electric vehicles continues to expand.

Additionally, advancements in AI, cloud computing, and IoT technologies drive the production and use of sophisticated electronic devices and smart systems, which require reliable and durable materials. Saturated polyester resins are used in the coatings, adhesives, and encapsulation of electronic components, providing insulation, protection from environmental factors, and improved performance. As these technologies become more integrated into various industries, the demand for high-quality materials like saturated polyester resins continues to grow, supporting the overall market expansion.

Request a free sample copy or view report summary: Saturated Polyester Resin Market Report

Saturated Polyester Resin Market Report Highlights

  • Based on material, the solid saturated polyester resins segment held the largest share, accumulating 63.1% market size in 2023. This can be attributed to the growing demand for consumer goods products.
  • Based on end use, the industrial paint segment is expected to grow at the fastest CAGR over the forecast period owing to the rapid industrialization of developing economies.
  • Asia Pacific dominated the market due to growing industrial, automotive, and construction industry especially in Thailand, Philippines, Bangladesh, India, Indonesia, and Vietnam.
  • China was the leading manufacturer of saturated polyester resin in the Asia Pacific region and captured around 47% of the revenue market share in 2023 in this region.

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

Saturated Polyester Resin Market Segmentation

Grand View Research has segmented the global saturated polyester resin market based on material, end use, and region:

Saturated Polyester Resin Material Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

  • Liquid Saturated Polyester Resins
  • Solid Saturated Polyester Resins

Saturated Polyester Resin End Use Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

  • Industrial Paints
  • Powder coatings
  • Coil & Can Coatings
  • Automotive Paints
  • Flexible Packaging
  • 2k PU Coatings
  • Others

Saturated Polyester Resin Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

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

List of Key Players in the Saturated Polyester Resin Market

  • DSM
  • Allnex GmbH
  • Arkema
  • IGM Resins
  • Mitsubishi Chemical Group Corporation
  • Polynt S.p.A
  • Hexion
  • Evonik Industries AG
  • BASF SE
  • Ashland Global Holdings Inc.
  • Sika AG
  • Covestro A

About Grand View Research

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

AdTech Market Top Players ,Analysis And Forecast Till 2030: Grand View Research Inc.

 AdTech Market Growth & Trends

The global AdTech market size is anticipated to reach USD 3,359.41 billion by 2030, growing at a CAGR of 22.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Businesses are increasingly seeking data and analytics to understand their target audiences better and optimize their advertising spend. AdTech solutions provide tools for data collection, analysis, and targeting, enabling highly personalized and effective advertising campaigns. Programmatic advertising automates the buying and selling of ad space, eliminating the need for manual negotiations. This efficient process allows advertisers to reach a wider audience at optimized costs, while publishers can fill their ad inventory more effectively.

The pervasive nature of smartphones has fundamentally transformed the manner in which consumers access information and interact with brands. The AdTech industry strategically adapts to this paradigm shift by crafting mobile-optimized ad formats and targeting strategies, ensuring they can effectively reach consumers while they are engaged with their devices. Furthermore, the burgeoning consumption of video content coupled with the growing popularity of innovative channels such as digital out-of-home (DOOH) advertising necessitates the development of novel ad formats to captivate audience attention. AdTech companies are positioned at the forefront of this evolution, pioneering engaging formats such as interactive video advertisements and augmented reality experiences.

In response to regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), the AdTech industry is undergoing a necessary shift towards privacy-centric advertising practices. AdTech companies are actively developing solutions that prioritize user privacy while still delivering impactful advertising campaigns. Artificial intelligence (AI) is playing an increasingly significant role in ad targeting, personalization, and campaign optimization. By leveraging AI to analyze vast sets of data and identify user behavior patterns, AdTech companies can create more effective and targeted advertising campaigns. Connected TV (CTV) presents a unique opportunity to bridge the gap between traditional television and digital advertising. By enabling targeted advertising on smart TVs and streaming devices, CTV is poised to be a major driver of continued growth within the AdTech market.

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

AdTech Market Report Highlights

  • The global AdTech market is expected to grow at a CAGR of 22.4% from 2024 to 2030, driven by rising demand for data-driven marketing, a shift towards programmatic advertising, innovation in ad formats, and growth of mobile advertising.
  • The services segment holds the biggest market share at 33.4% in 2023 and is expected to grow faster at a CAGR of 22.9% during the forecast period.
  • The mobile advertising segment dominated the market with a share of 55.0% in 2023 and is projected to witness the fastest CAGR of over 23.2% during the forecast period.
  • The retail & consumer goods segment dominated the market with a share of 27.2% in 2023 and is expected to expand at a CAGR of 22.1% during the forecast period.
  • Regulations like GDPR and CCPA are impacting data-driven advertising methods. GDPR and CCPA restrict how businesses collect and use user data. This makes it harder for advertisers to gather detailed user profiles that were previously used for highly targeted advertising.
  • The AdTech market in North America dominated the overall market in 2023 with a revenue share of 35.3%. Factors such as high digital ad spending, the presence of major AdTech companies, and robust data infrastructure propel the market growth.

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

AdTech Market Segmentation

Grand View Research has segmented the global AdTech market based on the offering, advertising type, advertising channel, advertising format, platform, enterprise size, industry vertical, and region.

AdTech Offering Outlook (Revenue, USD Billion, 2017 - 2030)

  • Solution
    • Demand-Side Platforms (DSPs)
    • Supply-Side Platforms (SSPs)
    • Ad Networks
    • Data Management Platforms (DMPs)
    • Others
  • Services
    • Professional Services
      • Training & Consulting
      • Advertising Type & Integration
      • Support & Maintenance
    • Managed Services

AdTech Advertising Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Programmatic Advertising
  • Non-Programmatic Advertising

AdTech Advertising Channel Outlook (Revenue, USD Billion, 2017 - 2030)

  • Television Advertising
  • Radio Advertising
  • Digital Out-of-Home (DOOH) Advertising
  • Others (Mobile/Tablet Advertising)

AdTech Market Advertising Format Outlook (Revenue, USD Billion, 2017 - 2030)

  • Image
  • Video
  • Text
  • Others

AdTech Market Platform Outlook (Revenue, USD Billion, 2017 - 2030)

  • Mobile
  • Web
  • Others

AdTech Market Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

  • Small and Medium Enterprise (SME)
  • Large Enterprise

AdTech Market Industry Vertical Outlook (Revenue, USD Billion, 2017 - 2030)

  • Retail & Consumer Goods
  • BFSI
  • Hospitality
  • Media & Entertainment
  • Transport & Logistics
  • Healthcare
  • IT & Telecom
  • Education
  • Others

AdTech Market Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the AdTech Market

  • Adobe
  • Alibaba Group Holding Limited
  • com, Inc.
  • Criteo
  • Facebook Incorporation
  • Google Incorporation
  • Microsoft Incorporation
  • SpotX
  • Twitter Incorporation
  • Verizon

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.

U.S. Rooftop Tent Market Witness Excellent Revenue Growth During 2024-2030: Grand View Research Inc

 U.S. Rooftop Tent Market Growth & Trends

The U.S. rooftop tent market size is estimated to reach USD 286.71 million by 2030, expanding at a CAGR of 8.0% over the forecast period, according to a new study by Grand View Research, Inc. The internet is essential in increasing the demand for camping equipment in the U.S. The e-commerce sector is growing, which makes it easier for customers to choose and purchase rooftop tents from online sites or applications like Amazon, E-bay, etc. This saves customers' time and enables them to take advantage of numerous discounts to reduce costs. The majority of online shopping outlets rely on social media networks to spread the word about campgrounds. To inform users of new camping areas, numerous smartphone applications, including POCKET, CampFone, Woodall's, iCamp, and MapMyHike, were released. In addition, social media enables customers to learn enough facts about a product's capabilities before making a purchase.

The rising popularity of adventure tourism and the simplicity of setup are driving the market for rooftop tents in the U.S. The demand for the product has benefited from the recent rapid growth of adventure tourism, particularly in the U.S. The market for U.S. rooftop tent is driven by rising interest in outdoor activities and is anticipated to grow over the course of the forecast period. The need for comfortable and luxurious rooftop tents is growing because camping is typically done outside of cities where access to essential utilities like internet, electricity, and other amenities is limited. Rooftop tents are convenient, secure, cozy, and dry.

Governments worldwide promote tourism involving extreme sports, like camping, which assists in the growth of the global market for camping tents. Adventure tourism has recently increased, especially in Europe, North America, and Asia-Pacific, which is helping boost demand for camping tents. A survey conducted by the Adventure Travel Trade Association (ATTA) revealed that in 2020, more people chose adventure travel programs, which fueled the growth of the camping tent business. People across the U.S. realize the advantages of engaging in outdoor and leisure activities; hence, they spend more time camping each year. Such individuals' propensity for outdoor recreation fuels the development of rooftop tents.

North America is one of the most important markets for the U.S. Rooftop Tent. As the majority of the top vendors in the sector are based here, the U.S. enjoys an advantage in terms of innovation. A suitable atmosphere for market sellers to increase their presence in the area is being created by the regional government’s promotion of extreme sports, camping, and many other activities. Owing to the possibility of expansion, companies use merger and acquisition strategies to expand their presence there. For instance, In February 2021, The Wheel Group acquired Tuff Stuff Overland, a platform for direct-to-consumer online sales of outdoor gear products. The business sells outdoor overland equipment, such as rooftop tents, truck bed racks, awnings, and related accessories.

Request a free sample copy or view report summary: U.S. Rooftop Tent Market Report

U.S. Rooftop Tent Market Report Highlights

  • Automotive rooftop tents have grown in popularity as a low-cost alternative to recreational vehicles and a slightly more elegant way to camp. The most appealing aspects of rooftop tents are their ease of erecting and the way they support the inhabitants off the ground.
  • The commercial rooftop tent market is influenced by several factors, including the growth of the outdoor recreation industry and the increasing popularity of adventure tourism.
  • The rise in e-commercemakes it easier for customers to purchase these products online, fostering market growth.
  • The 2-person and 3-person tents are usually hard-shell tents. With the growing demand for hard-shell tents, the demand for smaller tents is also expected to expand significantly.
  • Customizing product offerings to cater to specific regional preferences, climates, and outdoor landscapes helps capitalize on local market opportunities and drive market penetration.

Access Press Release@ https://www.grandviewresearch.com/press-release/us-rooftop-tent-market-analysis

U.S. Rooftop Tent Market Segmentation

Grand View Research has segmented the U.S. rooftop tent market based on tent type, capacity, and application:

U.S. Rooftop Tent Type Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Hard-shell
  • Soft-shell

U.S. Rooftop Tent Capacity Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • 2 Person
  • 3 Person
  • 4 Person
  • 5 Person

U.S. Rooftop Tent Application Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

  • Personal
  • Commercial

List of Key Players in the U.S. Rooftop Tent Market

  • 23Zero
  • Alu-Cab
  • Body Armor 4x4
  • Cascadia Vehicle Tents
  • Freespirit Recreation
  • Front Runner Outfitters
  • iKamper USA, Inc.
  • Smittybilt Inc.
  • Roofnest Ltd
  • Tuff Stuff Overland.
  • Thule Group.
  • Overland Vehicle Systems.
  • James Baroud

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 10 October 2024

Nitrogen Gas Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Nitrogen Gas Market Growth & Trends

The global nitrogen gas market size is anticipated to reach USD 44.28 billion by 2030, with a healthy CAGR of 6.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is anticipated to be driven by the increased manufacturing of packaged food, medicines, pharmaceuticals, and electronics, thereby proliferating the industry growth.

The rising demand for convenience foods and the growing global food trade further amplify the product demand in food packaging. Manufacturers rely on nitrogen flushing to meet these demands as consumers seek options such as fresh food with extended shelf life. Also, the growing consumption of packaged food among the urban population and increasing demand for single-serve packs are further expected to spur industry growth.

Strict environmental regulations, such as the Clean Air Act, EPA regulations, and the Kyoto Protocol, challenge the nitrogen gas industry. These regulations are crucial for environmental protection but are likely to hinder market growth. Governments worldwide are implementing measures to reduce greenhouse emissions; thus, product manufacturers need to comply with these policies. An increasing emphasis on CSR initiatives is compelling product manufacturers to prioritize sustainability. Adopting environmentally friendly production practices and reducing carbon footprints aids in regulatory compliance and also enhances corporate brand image, potentially attracting a segment of environmentally conscious consumers.

However, the natural gas prices below depict significant price volatility that creates uncertainty for nitrogen gas producers and end users. The fluctuating input costs directly impact the cost of nitrogen production and, thus, the final pricing of the product, hindering overall market growth.

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

Nitrogen Gas Market Report Highlights

  • The compressed gas segment is expected to witness a robust CAGR of 6.1% over the forecast period. Compressed gas offers a cost-effective and efficient solution for high-production facilities, making cryogenic fractional distillation a widely adopted technology to produce high-purity industrial gases. This segment growth is anticipated to increase in cylinder systems associated with cryogenic fractional distillation, pressure swing adsorption, and membrane separation over the projected period.
  • The electronics application segment is likely to grow at the fastest CAGR of 6.7% over the coming years. Increasing disposable income, ongoing advancements in technology, and the surging popularity of new gadgets among both younger and older populations are enhancing the growth of the electronics industry. This, in turn, aids the production of electronic devices that eventually require nitrogen to provide an oxygen-and moisture-free environment. End users prefer onsite plants to meet the growing product demand and take steps toward decarbonization.
  • Asia Pacific is expected to witness the fastest CAGR of 6.8% over the forecast period. Nitrogen gas is widely used in various industries, such as electronics, pharmaceuticals, petrochemicals, and food packaging, for inerting, blanketing, and purging to prevent oxidation. The regional market is characterized by front- and back-end manufacturing. According to the Semiconductor Manufacturing Association, about 75% of the total global wafer fabrication, assembly, testing, and packaging of 7-nanometer chips is concentrated in the region. The far-reaching policies in the U.S. and European semiconductors industry have altered the Asia Pacific industry.
  • The key players in the market include Air Products and Chemicals, Inc., Air Water America, Inc., Linde plc, Messer Group, and Praxair Technology, Inc. These companies dominate the global market with a substantial presence throughout the value chain.
  • In September 2023, Air Water America Inc. acquired American Gas Products LLC, a producer of industrial and specialty gas in the U.S., to expand its presence in the North American market and strengthen its product portfolio.  

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

Nitrogen Gas Market Segmentation

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

Nitrogen Gas Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Compressed Gas
  • Liquid Nitrogen Gas

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

  • Food & Beverage
  • Chemicals
  • Pharmaceuticals
  • Electronics
  • Others

Nitrogen Gas Region Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Switzerland
    • France
    • Italy
    • Spain
    • The Netherlands
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Indonesia
    • Vietnam
    • Australia
    • New Zealand
  • Central & South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
  • Middle East & Africa
    • Iran
    • Oman
    • UAE
    • Qatar
    • Kuwait
    • Saudi Arabia
    • South Africa
    • Angola
    • Nigeria

List of Key Players in the Nitrogen Gas Market

  • Air Products and Chemicals, Inc.
  • Gulfcryo
  • Universal Industrial Gases, Inc.
  • NEXAIR
  • Southern Industrial Gas Sdn Bhd
  • Praxair Technology, Inc.
  • Taiyo Nippon Sanso Corporation
  • Axcel Gases
  • Linde Plc
  • Omega Air
  • Ellenbarrie Industrial Gases
  • Messer Group
  • Parker Hannifin
  • Dubai Industrial Gas
  • Yingde Gases 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.

Supplements And Nutrition Packaging Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

 Supplements And Nutrition Packaging Market Growth & Trends

The global supplements and nutrition packaging market size is expected to surpass USD 40.54 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2024 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.

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

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

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

Request a free sample copy or view report summary: Supplements And Nutrition Packaging Market Report

Supplements And Nutrition Packaging Market Report Highlights

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

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

Supplements And Nutrition Packaging Segmentation

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

Supplements And Nutrition Packaging Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

Supplements And Nutrition Packaging Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

  • Bottles & Jars
  • Tins & Cans
  • Pouches
  • Sachets
  • Blisters
  • Other Products

Supplements And Nutrition Packaging Formulation Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

Supplements And Nutrition Packaging Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Supplements And Nutrition Packaging Market

  • Glenroy, Inc.
  • Alpha Packaging
  • Comar, LLC
  • Graham Packaging Company
  • Gerresheimer AG
  • ePac Holdings, LLC
  • Law Print & Packaging Management Ltd.
  • MPS (Molded Packaging Solutions)
  • OPM Labels
  • Container and Packaging Supply, Inc.
  • PRETIUM PACKAGING
  • Eagle Flexible Packaging
  • TRL Packaging
  • Uniflex
  • Altium Packaging

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.

Nuclear Magnetic Resonance Spectroscopy Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Nuclear Magnetic Resonance Spectroscopy Market Growth & Trends

The global nuclear magnetic resonance spectroscopy market size is expected to reach USD 1.08 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.1% from 2024 to 2030. The rising need for metabolomics-based diagnosis, coupled with increasing usage in various fields, is anticipated to surge the growth of the market. Bruker offers nuclear magnetic resonance (NMR) spectroscopy solutions for multi-omics, tissue SpatialOMx, proteomics, functional structural biology, biomolecular condensates, and biopharma and applied.

The market for NMR spectroscopy witnessed incremental growth in 2021 and is anticipated to showcase a similar trend in the forecast period. The instrument demand from academic and university research centers is a significant contributor to the revenue. For instance, in June 2021, National Science Foundation announced an investment of USD 40 million to develop the Network for Advanced NMR (NAN) between the University of Georgia, UConn School of Medicine, and UW–Madison’s National Magnetic Resonance Facility at Madison.

Other determinants such as the rapidly expanding demand for generic medicine, technical improvements in healthcare, as well as government initiatives and grants in the nuclear magnetic resonance spectroscopy industry are also contributing to the market's growth. In the U.S., government-funded - S10 Instrumentation Programs have been formed to support the purchase of instruments, including NMR spectroscopy. There are three active funding programs with June 2023 as the deadline. These programs range from USD 25,000 to USD 2,000,000.

The COVID-19 pandemic is anticipated to positively impact the demand for the product. However, supply shortages and accelerated prices of raw materials impacted the profitability of the players. The prices of key raw materials such as copper, steel, and metallic, used for superconductors, have risen over the last decade.

The increasing demand for cancer diagnostics is expected to majorly drive market growth in the coming years. Diagnosis for Parkinson’s disease, cancer, infectious diseases, and psychiatric disorders, has been investigated with the use of NMR spectroscopy. For instance, in January 2022, a study was conducted at the University of Oxford to develop a new blood test, through NMR metabolomics, that can identify a range of cancers.

On the other hand, this is a niche market with limited players. Additionally, NMR spectroscopy is considered to be bulky and expensive, as its cost ranges from around a few hundred thousand dollars for 400 MHz, to millions for higher field magnets. Additionally, the requirement of high-field magnets, filled with cryogenic fluids regularly, and routine maintenance of electronics and probes increases the cost. 

Request a free sample copy or view report summary: Nuclear Magnetic Resonance Spectroscopy Market Report

Nuclear Magnetic Resonance Spectroscopy Market Report Highlights 

  • By product, the instruments segment held the dominant share of the NMR spectroscopy industry, owing to the increasing demand by universities and research centers for high-field NMR spectroscopy
  • The steadily increasing scope of the product has a significant impact on the market. For instance, solid-state NMR spectroscopy (SSNMR) is considered an analytical tool for drug characterization, hence propelling the market growth
  • By type, the high-field NMR spectroscopy segment dominated the market in 2023, since it offers better sensitivity to the researchers
  • By end-use, the academic segment held a larger share in 2023; numerous universities employ NMR analysis to enhance chemical identification in pharmaceutical and chemical industries
  • North America held a substantial share in the global market in 2023 due to the presence of a large number of universities and increasing funding support by the government to enhance research infrastructure
  • The Asia Pacific region is projected to grow considerably in the future, owing to the rising availability of raw materials and increasing biomedical research in the pharma and biotech industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-nuclear-magnetic-resonance-spectroscopy-market

Nuclear Magnetic Resonance Spectroscopy Market Segmentation

Grand View Research has segmented the global nuclear magnetic resonance spectroscopy market report based on product, type, end-use and region:

Nuclear Magnetic Resonance Spectroscopy Product Outlook (Revenue, USD Million, 2018 - 2030­)

  • Instruments
  • Consumables

Nuclear Magnetic Resonance Spectroscopy Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Low-field NMR Spectroscopy
  • High-field NMR Spectroscopy

Nuclear Magnetic Resonance Spectroscopy End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Academic
  • Pharmaceutical and Biotech Companies
  • Agriculture and Food
  • Chemical Industry
  • Others

Nuclear Magnetic Resonance Spectroscopy Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Nuclear Magnetic Resonance Spectroscopy Market

  • JEOL Ltd.
  • Thermo Fisher Scientific Inc.
  • Bruker
  • Magritek
  • Oxford Instruments
  • Nanalysis Corp.
  • Anasazi Instruments, Inc.
  • QoneTec
  • Advanced Magnetic Resonance Limited

About Grand View Research

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

Wednesday 9 October 2024

Clinical Nutrition For Alzheimer’s Disease Market Forecasted to Grow at Steady Pace During 2024-2030: Grand View Research Inc.

 Clinical Nutrition For Alzheimer's Disease Market Growth & Trends

The global clinical nutrition for alzheimer's disease market size is expected to reach USD 2.4 billion by 2030, growing at a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing prevalence of Alzheimer’s and growing support from the government in the form of awareness programs. Moreover, growing R&D for dietary management of Alzheimer's patients contributes to growth. Alzheimer's disease is a chronic condition that leads to significant cognitive decline, impairing daily functions. Although current treatments can temporarily alleviate dementia symptoms and potentially decelerate the progression into more severe stages, Alzheimer's remains the sixth-leading cause of mortality in the U.S.

The financial implications of Alzheimer's on the healthcare system are significant, with costs amounting to billions of dollars and forecasts indicating a surge to over USD 1 trillion by 2050 due to an aging population. By 2030, the global economic impact of Alzheimer's dementia is expected to reach USD 2 trillion. Recognizing the urgency, leading players are introducing tailored clinical nutrition solutions to enhance patient adherence. An example of such innovation is Danone Nutricia's Souvenaid, a medical food product under the LipiDiDiet project, designed to improve daily functioning in early-stage Alzheimer's patients through a high-dose omega-3 formulation.

Moreover, the COVID-19 pandemic has significantly impacted the market. Supply chain disruptions led to shortages and delays in product availability, while lockdowns and restrictions limited patient access to essential nutrition therapies and routine healthcare. The increased emphasis on immune health heightened the demand for clinical nutrition products, despite economic challenges that affected funding and investment in research. The adoption of telehealth services surged, enabling continued access to nutritional guidance for Alzheimer's patients. However, delays in clinical trials and research projects slowed the development of new products. Overall, the pandemic underscored the vital role of nutrition in managing chronic diseases, potentially boosting future focus and investment in this field.

Some key players in the market, such as Danone S.A. (Nutricia), Pristine Organics, Alfasigma USA, Inc., are adopting various strategies such as product launches, partnerships, expansions, collaborations, and mergers & acquisitions. Through these strategic initiatives, industry players are trying to strengthen their positions and expand their customer base. For instance, in May 2024, Danone acquired Functional Formularies, a provider of whole food tube feeding solutions in the U.S., from Swander Pace Capital. This acquisition is a strategic component of Danone's Renew Strategy, enhancing the company's medical nutrition offerings in the U.S. market by broadening its portfolio of enteral tube feeding products

Request a free sample copy or view report summary: Clinical Nutrition For Alzheimer's Disease Market Report

Clinical Nutrition For Alzheimer's Disease Market Report Highlights

  • The market is segmented into oral, enteral, and parenteral based on product. Oral clinical nutritiondominated the market with a share of 49.51% in 2023.
  • The increasing demand for oral nutrition is encouraging manufacturers to develop effective oral formulas capable of reducing Alzheimer's symptoms.
  • The parenteral clinical nutrition segment is anticipated to witness the fastest growth at a CAGR of 6.3% from 2024 to 2030.
  • The market is segmented into adults and pediatrics based on stage.
  • The adults segment dominated the market in terms of revenue share in 2023 and is estimated to grow at the fastest CAGR of 5.3% over the forecast period, owing to the increasing prevalence of Alzheimer’s among adults.
  • In addition, the growing awareness and education about the role of nutrition in managing Alzheimer's disease among this age group is expected to drive segment growth.
  • The market is segmented by sales channel into online, retail, and institutional. The institutional sales channel held the largest share of 46.36% in 2023, owing to the rising adoption of clinical nutrition by hospitals for the treatment of Alzheimer’s disease.
  • North America accounted for the largest share in 2023. This growth can be attributed to the increasing prevalence of Alzheimer’s disease in the region and the presence of prominent players in the market.
  • However, Asia Pacific is anticipated to experience the fastest CAGR during the forecast period.

Access Press Release@ https://www.grandviewresearch.com/press-release/sorghum-market-report

Clinical Nutrition For Alzheimer's Disease Market Segmentation

Grand View Research has segmented the global clinical nutrition for alzheimer's disease market based on product, stage, sales channel, and region:

Clinical Nutrition for Alzheimer’s Disease Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Oral
  • Enteral
  • Parenteral

Clinical Nutrition for Alzheimer’s Disease Stage Outlook (Revenue, USD Million, 2018 - 2030)

  • Adult
  • Pediatric

Clinical Nutrition for Alzheimer’s Disease Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online Sales Channels
  • Retail Sales Channel
  • Institutional Sales Channel

Clinical Nutrition for Alzheimer’s Disease Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Clinical Nutrition for Alzheimer's Disease Market

  • Danone S.A. (Nutricia)
  • Pristine Organics
  • Alfasigma USA, Inc.

List of Overall Key Players in the Clinical Nutrition Market

  • Abbott Nutrition
  • Pfizer Inc.
  • Bayer AG
  • Nestle
  • Baxter International Inc.
  • Otsuka Holdings Co. Ltd.
  • Mead Johnson & Company LLC
  • Danone (Nutricia)
  • Victus Inc.
  • Fresenius Kabi
  • Meiji Holdings Co. Ltd.
  • Abbvie (Allergan)

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.

AI-based Surgical Robots Market is Expected to Amplify USD 25.2 Billion Value by 2030: Grand View Research Inc.

AI-based Surgical Robots Market Growth & Trends The global  AI-based surgical robots market  size is expected to reach USD 25.2 billion ...