Home

Thursday, 30 April 2020

Moringa Products Market Size to surge at 10.4% CAGR is expected to reach $10.9 Billion in 2025

The global moringa products market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. Growing need for nutritional supplements, improving health awareness among people, and shifting focus towards organic medication are the key factors for industry growth.
Increase in awareness among consumers regarding health benefits of moringa is one of the major reasons for the market growth. It has antifungal, antiviral, antidepressant, and anti-inflammatory properties, which are beneficial in healing various diseases. Additionally, it can be easily grown in tropical and subtropical regions with low cost, thereby resulting in increased usage of the plant in various applications. It is also one of the best products to treat malnutrition children younger than 3 years. Considering all these factors, demand for moringa is increasing in the market.

Moringa contains various healthful compounds such as vitamin A, vitamin B1, folate, calcium potassium, iron, and zinc. It is also extremely low in fats and contains no harmful cholesterol. The antibiotic and antibacterial properties of this plant may help inhibit the growth of various pathogens, and its high vitamin B content helps with digestion. Among all the vegetables, moringa is commonly used by South Indians for its flavor and delicious taste in Sambar and Curry preparation. Rising demand for the product due to its rich nutritional properties and low price is boosting the growth of this moringa products market.
Europe was the largest regional market in the year 2018 owing to growing demand for nutritional supplements. In 2018, U.S was the largest market with more than 75.0% share in North America. Rising awareness regarding organic health supplements is a major factor boosting the regional market growth. Growing trend of calorie reduction and weight management is also driving the regional market since moringa helps in reducing weight gain. Majority of the Americans prefer supplements over their daily diets. Moringa is an additional source of multivitamins, antioxidants, amino acids, and other nutrients. Due to all these health benefits, demand for this plant based product is rising among individuals, thereby boosting regional moringa products market growth.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • The leaf powder segment is projected to expand at a CAGR of 11.2% over the forecast period
  • The online distribution channel will register the highest CAGR of 11.6% through 2025
  • U.S., China, Germany, Ethiopia, and Brazil are the major countries accounting for the largest market share in their respective regions.

Gluten Free Sugar Syrup Market Size to surge at 6.31% CAGR is expected to reach $1.44 Billion in 2025

The global gluten free sugar syrup market size is expected to reach USD 1.44 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.31% during the forecast period. Major factor attributing the growth is the growing number of gluten intolerant people. Consumer awareness regarding healthy living lifestyle is also attributed to the growth. People are omitting gluten rich foods from their diets to avoid diseases like Irritable Bowel Syndrome (IBS) and celiac diseases among others. By 2018, more than 170 million global population was suffering from celiac diseases, driving consumers to opt for gluten free foods and beverages.

Glucose syrup category was valued to be the largest market accounting for 47.21% of the global market in 2018. It is used to help balance sweetness, enhance flavors, and extend shelf life. Some of the key glucose syrup manufacturers are Cargill, Incorporated, SWEET ADDITIONS, LLC, and Tate & Lyle. Maple syrup is the second largest segment in the global market. This is used as an ingredient in a packaged food or poured on pancakes or oatmeal. Quebec, Canada accounted for 71% of the global maple harvest due to its soil capacity.

Industrial category was valued to be the largest application by accounting over 60% of market share in 2018. Growing consumer awareness regarding gluten free foods is driving companies to use gluten free sugar syrup as an ingredient. Companies are expanding their product line for this category. For instance, The Coca Cola Company has introduced Coke Zero, Diet Coke, Coca-Cola Classic, and other gluten free products.
Direct human consumption category accounted for around 37.67% of the global gluten free sugar syrup market in 2018. It is used to prepare different dishes and cocktails. Under this category independent health store sub category is expected to expand at a CAGR of 8.72% from 2019 to 2025. Consumers prefer this independent health store category due to product varieties. Employee training programs to boost sales is anticipated to further drive the product demand over the forecast period. It has been observed that the U.S. base health stores are operating in online and offline markets to meet the customer demand, for instance, The Better Health Store, The Vitamin Shoppe, and others.

North America is the largest consumer of gluten free sugar product. Around 3.5 million U.S. based consumers are gluten intolerant, driving the market growth. Consumer awareness about celiac disease and the rising trend of leading a healthy lifestyle is driving more people to consume gluten-free diet. Europe is expected to be the fastest growing market with a CAGR of 7.29% from 2019 to 2025. Growing consumer awareness about IBS is attributed to the regional growth.

The market is competitive in nature with the presence of many small and large brands. Some of the major companies are B&G Foods, Inc.; MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Börger GmbH; Skinny Mix; Tereos; and others.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the report suggest:
  • In product segment, corn syrup category is projected to ascend at a CAGR of 7.83% from 2019 to 2025
  • Glucose syrup product led with an overall market share of 47.21% in 2018
  • Industrial category was the largest application by accounting a market share of 62.33% in 2018
  • North America led the global gluten free sugar syrup market in 2018 with a market share of 41.3%
  • Growing consumer awareness regarding healthy lifestyle is driving the growth
  • The market is highly competitive in nature with the main players including MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Börger GmbH; and Blue Ocean Biotech
  • Various manufacturers are concentrating on expanding their product line to increase their customer base

Luxury Jewelry Market Size to surge at 7.6% CAGR is expected to reach $65.54 Billion in 2025 | Market Research Report

The global luxury jewelry market size is expected to reach USD 65.54 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Growing demand for jewelry as an investment and demand for luxury items is expected to boost the overall market over the forecast period. Changing lifestyle and rising usage of jewelry as substitute accessories to denote the style statement as per changing fashion trend is projected to drive the demand further.

Influence of western culture on developing economies, such as India, China, and Bangladesh, along with quick adoption of new cultural trends in these countries is also anticipated to increase the product demand over the next few years. The female application segment is expected to lead the global market from 2019 to 2025 on account of availability of innovative designs and types of jewelry for women. Moreover, growing economic independence of females plays a significant role in the development of this segment.
Increasing trend of customized and personalized jewelry products, such as bracelets, chains, rings, and pendants, is also expected to boost the product demand. Asia Pacific accounted for more than 63% of the global market share in 2018 due to multipurpose use of jewelry, such as in various rituals and traditions and for investment purposes, and as fashion trend. New product launches from the leading companies are also expected to propel the luxury jewelry market growth.

Companies in this market focus on making new designs to make their style statement in the market. For example, in February 2019, Harry Winston Co. launched a new segment of jewelry watches for women. Through such innovative products, companies are trying to capture new markets, especially in North America and Europe, and to maintain a their position in the existing markets of developing countries.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest
  • Gold-based jewelry was the dominant material segment and is projected to expand further at the highest CAGR of 7.8% from 2019 to 2025 due to high demand, particularly in the developing countries of APAC
  • Ring product segment is expected to witness the maximum CAGR of 7.8% from 2019 to 2025 due to rising demand for the product
  • Offline distribution channel accounted for the highest market share of 59.39% in 2018 and is likely to maintain the dominance throughout the forecast years as customers emphasize on proper examination of the product before buying it
  • Moreover, due to high prices of these products, customers prefer offline channels over any other means of distribution

Pet Furniture Market Size to surge at 5.2% CAGR is expected to reach $3.0 Billion in 2025

The global pet furniture market size is expected to reach USD 3.0 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 5.2% over the forecast period. Rising spending on domestic animal, along with rapid expansion of multi-utility furniture product forms, is expected to remain the key driving factor.
Over the past few years, raising expensive breeds of dogs and cats has been a status symbol across the globe. In addition, rising number of nuclear families in developed economies including Germany, U.K., and France has increased the domestic animal adoption rate for the family companionship.
Asia Pacific is expected to witness the fastest growth in the pet furniture market, expanding at a CAGR of 6.4% from 2019 to 2025. China, India, Japan, Australia, and South Korea are the some of the rapidly growing markets in this region. The domestic animal population in China increased from 389 million in 2013 to 755 million in 2017, growing at a significantly high rate. To cater to this growing trend, spending in this sector was pegged at USD 24 billion in 2018.
Shanghai, Beijing, Tianjin, Chengdu, and Guangzhou are the major markets in China. Rising income of consumers in this economy is boosting the demand for the product. On the other hand, 92% of cat owners and 76% of dog owners in Australia keep their pets indoors. This trend raises the demand for furniture in this nation. Furthermore, New Zealand had the highest percentage of domestic animal ownership in the global household sector in 2018, which stood at 68%.
Local and small players in this market are playing a significant role in the industry. Over the past few years, organic and ecofriendly raw materials have gained significant popularity across the globe. Most of the animals have a habit of chewing on things, which makes natural furniture more suitable. Currently, major players in this industry are focusing on this product segment to cater to the new trend. For instance, in August 2018, Nest Bedding launched a new product line of organic beds for domestic animals.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • By product, beds and sofas are expected to witness the fastest growth, expanding at a CAGR of 5.7% from 2019 to 2025
  • On the basis of application, the dogs segment held the largest market share in 2018 and accounted for 43.2% of the overall revenue
  • Key players in the industry include Go Pet Club; North American Pet Products; PetPals Group, Inc.; MidWest Homes For Pets; Ware Pet Products; Inkgrid; Inter IKEA Systems B.V.; Nest Bedding; and Ultra Modern Pet.
  • North America held the largest share in 2018, accounting for 40.0% of the overall market
  • Asia Pacific is expected to witness the fastest growth, registering a CAGR of 6.4% from 2019 to 2025

Personal Care Wipes Market Size to surge at 5.6% CAGR is expected to reach $23.1 Billion in 2025

The global personal care wipes market size is expected to reach USD 23.1 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Several characteristics such as convenience, performance, ease of use, time saving, disposability, safety/regulation, and consumer-centric aesthetics are driving product demand. Moreover, growing population andhygiene awareness are the key factors responsible for the market growth.
Sudden rise in the infant population, rapid growth in urbanization, high disposable income of female consumers, and surge in hygiene consciousness among consumers are having a positive impact on the market growth. Over the past one decade, various kinds of wipes have been introduced such as intimate, wet, flushable, feminine, and scented owing to their diversified applications. Growing concerns pertaining to beauty among men and women and constant increase in air pollution are also driving the demand for the products.
Convenience and effectiveness of these products have slowly diminished the usage of traditional cleansing means. Facial and hand and body wipes are of various kinds, such as wet, hygienic, intimate, and fragrance. Wet wipes are the perfect solutions in many life situations. They can be used as a cleaning tool frequently during water scarcity and unavailability, which is a serious problem in many countries. Additionally, portability of these variants enables all types of users to easily maintain and raise personal and environmental hygiene standards and eventually reduce the risk of cross contamination.
North America emerged as the largest regional market in 2018 owing to growing demand in hygiene and household applications. In 2018, U.S. was the largest market accounting for 61.0% share due to growing demand by the U.S. population for the products that can provide convenience, save time, and still give the same cleaning result. Cost of raising a baby is high in U.S. as baby diapers and wipes are used frequently when taking care of a baby. Due to scarcity of water in many places of U.S., wipes are often used for the purpose of cleaning in restaurants, hotels, and washrooms, thereby making it the largest market.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • In terms of revenue, the baby wipes segment is projected to expand at a CAGR of 5.5% over the forecast period
  • Products sold through the convenience stores accounted for 30.4% share of the overall revenue in 2018
  • U.S., China, Germany, Brazil, and South Africa are the major countries with the largest market in their respective regions.

Wednesday, 29 April 2020

Mesifurane Market Size to surge at 6.0% CAGR is expected to reach $153.8 Million in 2025

The global mesifurane market is expected to reach USD 153.8 million by 2025 according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.0%. Growing demand for processed foods and increase in demand for food flavors is anticipated to propel the market growth in the forecast period. Shift in consumer preference is most likely to enhance the market demand in the coming years.

Worldwide, mesifurane, a natural compound is used as a flavoring agent in the food processing industry. It is a significant flavorant used for mangoes, strawberries, arctic brambles, other fruits and berries. The growing technological advancements enable a shift in consumer preference towards organic ingredients and encourages manufacturers to adapt and produce novel products within the consumer food industries. End-use products cater to pharma industry, personal care, and animal industry since it is eco-friendly and non-toxic by nature.

Surge in product innovations followed by the significance of research & developments exhibit lucrative opportunities for market growth in the consumer goods sector. For instance, it is widely used in the personal care industry to manufacture scent and perfumes. Consumer consciousness towards synthetic care products is instrumental in boosting the demand. Apart, mesifurane finds a significant use in the animal feed industry that offers nutritional value to animal food and supplements their health.

“Would you like/try a Free Sample Report” Click the link below:


Further key findings from the report suggest:
· Pharmaceuticals are expected to witness a significant reception with a steady CAGR during the forecast period. Growing use of flavorants in the pharmaceutical and industrial synthesis is likely to enhance the market growth in the forecast period

· Food & beverages led the application category and accounting for a major market share. Several expansion in the food and beverage sector is likely to drive the market demand in the near future. The segment is expected to touch a CAGR of 4.9% in the coming years

· Asia Pacific is a dominant market attributing to the government policies and presence of major players in the food industry that supplements the growth of mesifurane market. China is expected to maintain a high dominance throughout the forecast period due to change in consumer lifestyles and presence of healthy food alternatives

· The key players are adopting mergers, acquisitions, strategic partnerships and collaborations as growth strategies to enhance their market position

Major industry participants include:
· Shandong Yaroma Perfumery Co
· Ruiyuan Flavor Co Ltd
· Natural Advantage
· United International Co Ltd
· The Good Scents Company
· Penta Manufacturing Co Ltd

Some of the major developments that have taken place over the past few years include:
· In 2019, a study involved quantitative insights on proteomics and metabolite profiles that included fruit ripening behaviour in Fragaria

· Since 2019, the manufacturers are emphasizing on chemical intermediates for various cosmetic formulations for pleasant fragrance by mesifurane

White Spirits Market Size to surge at 4.0% CAGR is expected to reach $67.6 Billion in 2025 | Market Research Report

The global white spirits market size is expected to reach USD 67.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 4.0% over the forecast period. Increasing cocktail consumption as well as an improved standard of living in countries, such as China and India, are the key factors responsible for the growth of the market.
Growing population at a global level, coupled with rising per capita income, have induced consumers with aspirational drinking among the cosmopolitan consumers. Increasing acceptance of shim drinks focusing on lower-alcohol content is driven majorly by millennials on account of choosing premium products of spirits and cocktails. Premiumization is expected to be a prominent trend influencing the alcohol market, particularly in the market of Europe.
The market of Europe, particularly in U.K., witnessed growing demand for gin spirits, whereas surge in demand for vodka was observed in North America, particularly in U.S. Consumer preference for fruit flavored alcohol is witnessing a surge in the vodka spirit market. In June 2018, Pernod Ricard brand Absolut introduced flavored drinks from fruit juice and Licor 43 launched its new line extension made from coffee.
Key industry players are striving for product innovation and new product launches as consumers are focusing on the ingredients of alcoholic drinks. For instance, in March 2019, White Claw Hard Seltzer launched a limited-edition variant of alcoholic seltzer.
Asia Pacific held the largest market share and is expected to grow due to improving living standards and increasing per capita income, especially in China and India. Moreover, growing population in the region with more number of younger population will fuel the industry expansion over the coming years.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • In terms of revenue, the gin product segment is projected to exhibit a CAGR of 3.7% over the forecast period. Vodka dominated the global market with 60.4% share of the overall revenue in 2018
  • Asia Pacific dominated the global market in 2018 and constituted 28.7% share of the overall revenue
  • The market is anticipated to witness growth due to increasing consumption of vodka in countries such as U.S., India, and China
  • On-trade distribution channel is expected to witness the highest growth over the forecast period due to higher penetration of clubs, bars, and brews
  • The industry is highly competitive in nature and is marked by the presence of companies such as Diageo plc; Rémy Cointreau; Bacardi Limited; Pernod Ricard; Beam Suntory, Inc.; and The Brown–Forman
  • Various manufacturers are concentrating on new product launches and inclusion of fruit flavor.

Port Wine Market Size to surge at 4.0% CAGR is expected to reach $825.68 million in 2025 | Market Research Report

The global port wine market size is estimated reach USD 825.68 million by 2025 expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increased consumption of alcohol, awareness about the health benefits of port wine, and rising disposable income are among the prominent factors propelling the product demand. Red wine is the most preferred by consumers. It accounts for more than 60% of the global market share.
Increasing awareness about the health benefits of red wine, such as reduced risk of heart disease, is the key factor responsible for the segment’s largest share in the market. The red wine is prepared from the grape skin and thus is rich in organic compounds and has tannins and resveratrol, which are good for health. Therefore, red wine is the dominant segment and will witness a significant growth over the years to come.

Among the different types of port wines, ruby wine is the most preferred due to its low price and easy availability. This type of wine is aged for 2 or less years thus, costs less. Tawny wine is witnessing the fastest growth as young consumers prefer quality over quantity with the factor of cost-effectiveness. The vintage wines are very rare and are aged for 10 to 40 years and are very costly.
The manufacturers conduct auctions for increasing sales and awareness about the vintage wines. The online distribution channel is expected to grow at the faster rate over the forecast period. Increasing usage of internet, hassle-free transactions, and faster delivery are the prominent factors responsible for the segment growth. Consumers in non-metro cities are also using the online platform, thus fuelling the growth of online distribution channel.
To request a sample copy or view summary of this report, click the link below:


Further key finding from the report suggests:
  • Red wine type led the global port wine market due to its health benefits and taste
  • The maximum revenue was generated from Europe due to tradition as well as higher consumption. Moreover, most of the key product manufacturers are based in Europe
  • Ruby port wine is likely to lead the market in the forecasted period due to its low price and easy availability
  • However, the tawny segment will witness the fastest growth from 2019 to 2025 due to increasing income levels

Electric Grill Market Size to surge at 5.1% CAGR is expected to reach $5.21 Billion in 2025 | Market Research Report

The global electric grill market size is expected to reach USD 5.21 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.1% during the forecast period. Several factors including shifting preference for at-home grilling system as well as fulfilling leisure time in cooking activities on account of increasing interest for experimental cooking is expected to drive the market.
Barbecuing has evolved beyond just a pastime and has become an integral part of consumer lifestyle, owing to the changing lifestyle attributed to rising disposable income. The passion for adding flavors to food as well as entertaining family and friends, is gaining a prominent share in developing the market for electric grills. According to the Hearth, Patio & Barbecue Association (HPBA), in July 2017, 72% of consumers opted for flavor, 52% opted for lifestyle, and 40% consumers opted for entertainment as their source of grilling food at home. In addition, factors such as convenience, accounted for 33%, hobby accounted for 19%, flexibility accounted for 18% and health accounted for 18% as well in North American.
The prominence of charcoal grills and gas grills is likely to affect the sales of electric grills in near future. The preference of consumers to add authentic taste and coal flavor particularly among the baby boomers generation is likely to drive the market. Although, the increasing occurrence of fire damages by these dominant grilling products is expected to drive the consumers towards electric grill appliances.

Growing demand for residential application is witnessed in Asia Pacific and Africa. The changing lifestyle of consumers, particularly in the developing economies, has led to growth in sales of the product. Increasing consumption of street food in countries, such as China and Japan are expected to propel the regional growth. Street food comprises the best available food in China and people prefer to add natural fiery taste to their food.

The commercial application led the global as well as North America market. The vast market for grilled food owing to its natural taste and associated health benefits prevail in countries like U.S. and Canada. Moreover, according to the HPBA, 35% of U.S. consumers planned to purchase a new grill or smoker in 2017. Most of the buyers are likely to replace or upgrade their current grill appliance.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the report suggest:
  • In terms of revenue, electric griddles t is projected to ascend at a CAGR of 5.4% from 2019 to 2025
  • Commercial application led the global market with an overall revenue share of over 57.2% in 2018
  • North America led the global electric grill market in 2018, which constituted for 34.8% of revenue share
  • The market is highly competitive in nature with the main players including The Middleby Corp., Taylor Company, Roller Grill International, The Holland Grill Company Inc., Dimplex North America Limited. Various manufacturers are concentrating on new product launches, focusing on product differentiation and technological advancements.

Cookies Market Size to surge at 5.3% CAGR is expected to reach $44.01 Billion in 2025 | Market Research Report

The global cookies market size is expected to reach USD 44.01 billion by 2025 with a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Rising product popularity and increasing demand for on-the-go snacks in developed markets including Germany and U.K. are expected to remain key driving factors for the market over the forecast years. Increasing demand for gluten-free cookies as alternatives to conventional counterparts due to rising concerns regarding glutamic disorders is also offering growth opportunities for the global market.
Rapid urbanization along with increasing disposable income levels in emerging economies, such as China and India, is projected to boost the product demand. Innovative marketing strategies undertaken by major companies in the market to lure new customers will also contribute to the market growth. Manufacturers are focusing mainly on product innovations, in terms of flavors, ingredients, packaging, etc. This factor are is also likely to propel the market development in the next few years.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • Bar product segment led the market in 2018 and is expected to maintain its dominance over the forecast period due to increasing popularity of these product forms
  • Online channels are expected to account for more than 19.8% of the global share by 2025 due to increasing popularity of e-commerce sites
  • North America generated a revenue of USD 10.42 billion in 2018. Impulsive purchases by people of all age-groups is projected to remain a favorable factor for the regional market
  • APAC is expected to account for more than 25% of the total revenue by 2025. Changing lifestyle and rising disposable income in emerging countries are likely to open growth avenues for the market
  • Key manufacturers include The Kellogg Company, Nestlé S.A., PepsiCo, Inc.; Britannia Industries Ltd.; The Campbell Soup Company, Mondelēz International, Inc.; Danone S.A.; and Parle Products Private Limited
  • Development of products in chocolate and fruit extract variants is projected to remain one of the key strategies among these manufacturers

Tuesday, 28 April 2020

Swimwear Market Size to surge at 6.4% CAGR is expected to reach $29.1 Billion in 2025 | Market Research Report

The global swimwear market size is expected to reach USD 29.1 billion by 2025, expanding at a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Growing population, rising awareness regarding health consciousness, rapid surge in poolside and beachside vacations, increasing water based activities, and rapid changes in fashion trends are the key factors responsible for industry growth.
Increasing rate of population across the globe and product innovation to fulfill the need of a special type of clothing for various water sports and poolside or beachside vacations are driving the market. Growing fitness concerns among various age groups are fueling the demand for swimming as a best physical exercise. This is, in turn, paving a roadmap for the purchase of swimwear products in large number. In some of the western countries, exposing their body is a common phenomenon, which has effectively increased the sale of beachwear products in the market.Growth of beauty and spa industries and increased demand for specialty swimwear by women are also driving the swimwear and beachwear market to some extent.
Asia Pacific is anticipated to witness substantial growth owing to growing rate of population, rising health awareness among people, and product innovation, especially in developed economies. Additionally, growth in the participation rate of water sports and fitness among developing countries such as China and India at a domestic level is expected to positively influence the regional market growth.
Western countries hold a significant market share due to relative growth in the acceptance of swimwear in western European countries in recent times. Continuous increase in the expenditure on leisure goods, coupled with increasing preference for swimming as a recreational activity, is driving the market in North America. U.S dominated the market in terms of revenue in 2018, accounting for above 80% share in North America. It is estimated that on an average, an American woman alone owns four swimsuits. Most of the designer swimsuits are sold in North America due to their luxury beading, hardware features, and comfort. These are the factors that are expected to spur the market growth in the region.

To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • In terms of revenue, the polyester fabric type is projected to expand at a CAGR of 7.3% over the forecast period
  • The women end user segment dominated the global market with an overall revenue share of 66.6% in 2018
  • The Swimwear market in France, Italy, Spain, Germany, and U.K. has also expanded to a great extent in the last few years.

Smart Diapers Market Size to surge at 6.5% CAGR is expected to reach $11.4 Billion in 2025 | Market Research Report

The global smart diapers market size is expected to reach USD 11.4 billion by 2025, expanding at a CAGR of 6.5% from 2019 to 2025, according to a report by Grand View Research, Inc. Introduction of smart wearables is driving manufacturers of this industry to focus on developing diapers integrated with sensors, which will enable the caregivers to take effective care of the babies and old people.
Geriatric population also contributes significantly to the market demand. Old age homes, healthcare institutions, and clinics having elderly people are also prominent customers expected to drive the market over the forecast period. Possibility of infections such as inflammation of urethra in the aging population is one of the constraints to the market growth. In order to protect and reduce the possibilities of infectious diseases, companies are providing solutions by introducing apps, sensors, and Bluetooth devices.
Asia Pacific is expected to expand at the fastest CAGR of 5.7% from 2019 to 2025. Most of the new entrants are coming up with new technologies applicable in sensors, thereby driving the market in the region. Increasing population and nuclear families in this region are the major factors boosting the regional market growth. Taiwan, Korea, and Australia are considered to be the emerging markets for this product. High birth rates in Asia Pacific and the Middle East countries are expected to provide growth opportunities for the market.
North America and Europe hold a dominant share in the global market owing to increasing preference for technology driven products that make life easier for consumers having busy schedule and lifestyle.
Key players operating in the global market include Alphabet’s Verily, ElderSens, Pixie Scientific, SINOPULSAR, Monit Corp., Opro9, Simativa (Australia), Abena Nova, Indiegogo, and Smartipants. Some of the key players in the market are focusing on supplying the diapers with smart new sensors, which are well updated with technologies, such as Alert plus. Companies such as Alphabet’s Verily and Pixie Scientific are considered to be the prominent companies in the market.

To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • Based on the end user, the babies segment is expected to account for a share of 57.2% by 2025
  • North America dominated the market and accounted for 34.1% share of the overall revenue in 2018. This trend is projected to continue over the next few years
  • The smart diapers market in Asia Pacific is anticipated to witness significant growth due to increasing awareness among consumers and growing population in India, South Korea, and China
  • The industry is highly competitive due to the presence of main players including Abena Nova; Simativa; Sino pulsar technology Inc.; Alphabet’s Verily; Pixie Scientific; Monit Corp.; Opro9; and ElderSens
  • Various manufacturers are focusing on new product launches and technological innovation to estimate existing and future demand patterns according to the needs of babies and adults, who can’t help themselves to change the diapers when required.

Frozen Meat Market Size to surge at 4.4% CAGR is expected to reach $99.2 Billion in 2025 | Market Research Report

The global frozen meat market size is anticipated to reach USD 99.2 billion by 2025, expanding at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. The market is driven by increase in adoption of ready to eat food and change in lifestyle and food preference, where seasonality remains the major factor.
The market is gaining popularity among consumers due to the readily consumable aspect of the product, which saves time for the busy and young professionals. This is expected to provide potential growth opportunities for the global market. Over the past few years, stable economic growth associated with developing mining industry has resulted in increasing number of employment opportunities, thereby improving the consumers’ average income.
Rapid urbanization as a result of growing population and need to cater to the increasing demand for non-vegetarian consumers are some of the factors expected to boost market growth in the coming years. Recent spread of diseases in pork and poultry has resulted in the gradual shift of the consumers towards beef and other meat products.
The frozen beef product segment held the largest market share in 2018. For instance, China imported USD 3 billion worth of frozen beef in 2017, which is 13.8% of the total frozen beef. U.S. was the second largest importer of frozen beef holding a share of 10.3%, followed by Vietnam, Hong Kong, and South Korea. Vietnam, China, and Indonesia are the fastest growing importers of frozen beef while countries like Japan, Russia, and Israel have declined in the purchase of frozen beef imports.
The supermarket and hypermarket segment is anticipated to expand at the fastest CAGR over the forecast period. The online segment held the largest market share in 2018 owing to technological advancements across the world. The online channel is expected to witness increased adoption among consumers over the coming years. Time-pressed younger population, especially in the metros, is expected to be a key consumer set for active players such as Grofers and Big Basket, which have been the front runners in online grocery retailing at large.
Asia Pacific held the largest market share in 2018 and is anticipated to expand at the highest CAGR of 5.2% over the forecast period. The growth is attributed to high import and consumption of meat in this region, along with penetration of e-commerce, increase in the number of food joints, and seasonality. Increasing popularity of healthy products among Chinese consumers is projected to increase demand for frozen meat. Young consumer, especially aged 20 year to 35 year eat healthy meat product once a week. Dumpling is the most consumed product, especially in urban areas. Consumers in the above-mentioned age group also buy frozen meat from online retailers. For instance, 64% of the population in China was in the 16-59 years age group in 2017, which presents growth prospect for the online channel.
Leading players in the market include Kerry Group Plc.; Marfrig Group.; BRF S.A.; Associated British Foods Plc.; Tyson Foods; Pilgrim’s Pride Corporation, Inc.; Verde Farms, LLC; and Arcadian Organic & Natural Meat Co.
To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/frozen-meat-market
Further key findings from the study suggest:
  • The global frozen meat market is expected to expand at a CAGR of 4.4% from 2019 to 2025
  • Frozen beef is expected to expand at the highest CAGR over the forecast period. The segment held the largest market share of 32.6% in 2018 and is expected to maintain its lead in the coming years
  • Based on the distribution channel, the supermarket and hypermarket segment is anticipated to expand at the fastest CAGR over the forecast period
  • APAC held the largest market share in 2018 owing to developing countries like China and Japan. The region is expected to register the highest CAGR of 5.2% over the forecast period
  • Various manufacturers are focusing on technological innovation in order to gain maximum market share.

Deodorizer Bags Market Is Expected At A CAGR Of 6.7% 2025 | Market Research Report

The global deodorizer bags market size is expected to reach USD 857.7 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. The market is driven by increasing consumer awareness about health concerns, especially due to air borne diseases. Moreover, a significant change in the consumer preference for different types of fragrances is expected to augment the demand for deodorizer bags.
The market is driven by increasing demand for premium and quality products due to the natural ingredients present in them. Moreover, growing working-class population and rising disposable income are likely to drive the demand for the products over the forecast period.
Enhanced freshness and capability of deodorizer bags to remove unpleasant odor are driving the product demand. Moreover, increasing number of product launches by the manufacturers is boosting the market growth. However, high cost of these products as compared to the other deodorizing agents has been a factor restraining the growth of the market.
The market in North America is anticipated to grow due to the rise in the sales of natural products, along with increasing product launches. The growth in the region is also attributed to growing health awareness among consumers and rise in the economic factors, such as disposable income and purchasing power for the consumers. Moreover, increasing sales in the automotive and footwear sector are anticipated to drive the product demand in Asia Pacific over the forecast period.
Growing interest in the natural and quality products among the working population due to their various health benefits will fuel the product demand in the market. Companies are expanding their geographical reach and developing novel products in order to gain a major share in the market. The market is recognized by a few initiatives such as mergers and acquisitions, limited extension, and online sales and developments, endeavored by the key players including Moso Natural; Home Pro Goods Inc.; California Home Goods Inc.; Etsy Inc.; and BreatheFresh Solutions.
To request a sample copy or view summary of this report, click the link below:

Further key findings from the study suggest:
  • Based on application, the cars segment is projected to expand at a CAGR of 9.8% over the forecast period. The residential segment dominated the market with an overall share of 72.3% in 2018
  • North America dominated the market in 2018 and accounted for 49.3% share of the overall revenue. This trend is projected to continue over the next few years owing to growing automotive industry, which is attributed to rise in mobility, mainly in developed countries
  • The deodorizer bags market in Asia Pacific is anticipated to witness growth due to increasing disposable income in countries, such as India, South Korea, China, and Japan
  • The industry is highly competitive due to presence of key players including Moso Natural; Home Pro Goods Inc.; California Home Goods Inc.; Etsy Inc.; and BreatheFresh Solutions
  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovations to estimate existing and future demand patterns from upcoming product segments.

Organic Tobacco Market Size to surge at 7.4% CAGR is expected to reach $233.5 Million in 2025 | Market Research Report

The global organic tobacco market size is expected to reach USD 233.5 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.4% during the forecast period. The emergence of organic tobacco as key alternative to the conventional cigar and cigarettes owing to its low nicotine and sugar content is projected to remain a favorable growth driver. Over the past few years, anti-tobacco activists have been claiming that moderate consumption of organic cigarettes will help quit smoking.
Asia Pacific is expected to remain the fastest growing segment, witnessing a CAGR of more than 8% from 2019 to 2025, attributed to the shifting inclination of consumers towards roll-your-own cigarette product forms in prominent markets such as South Korea, Japan, Vietnam, and Malaysia. Furthermore, increasing disposable income and changing lifestyle among working class population in countries including China, India, Bangladesh, and Thailand is expected to expand the market size in the near future.
Smokeless segment is expected to foresee a CAGR of 9.8% from 2019 to 2025. Organic tobacco also finds application as an herbal alternative for curing various health problems including obesity and heal wounds. Rising concerns over adverse effects associated with synthetic pharma drugs in global healthcare sector is projected to promote the research spending towards the development of organic tobacco as medicinal alternative.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the report suggest:
  • Flue-cured is projected to exceed USD 100 million by 2025, on account of the product being enriched with high sugar content and low nicotine levels
  • The market revenue from smoking segment was valued at USD 122.6 million in 2018. Rising awareness among heavy smokers to quit smoking, is expected to expand the scope of organic tobacco over the next eight years
  • North America and Europe led the market, generating a total revenue of exceeding USD 80 million in 2018. High concentration of smokers in developed markets including U.S., Germany, and France is projected to remain the favorable factor in near future
  • Major manufacturers operating in the organic tobacco market include Santa Fe Natural Tobacco Company; Japan Tobacco Inc.; Hi Brasil Tobacco; Quinnington Organic Tobacco Company Pty; Bigarette & Co.; Vape Organics; and Mother Earth Tobacco

Monday, 27 April 2020

Lager Market Size to surge at 4.3% CAGR is expected to reach $492.69 Billion in 2025 | Market Research Report

The global lager market size is expected to reach USD 492.69 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Consumption of premium beer in developed economies including Germany, U.K., and France is projected to exhibit significant growth owing to rising importance of bar culture on a domestic level. Moreover, consumers are changing their consumption habits and looking for innovative products with enhanced nutritional properties, which is expected to prompt the utility of lager.
Asia Pacific is anticipated to witness substantial growth on account of improving standard of living and increasing number of alcohol consumers, especially in India and China. According to a report of World Health Organization (WHO), over the decade ending 2016, the annual alcohol consumption in India reached 5.7 liters per person, which is almost double as compared to the consumption in 2006. Furthermore, alcohol consumption in China stood up to 7 liters per person in 2016. These factors are expected to open up new avenues over the next few years.
Major manufacturers are launching new products to cater to the increasing consumption in the market. For instance, in October 2018, Anheuser-Busch Companies, LLC launched an Italian craft lager in U.K. The product is sold at premium pubs, nightclubs, bars, and restaurants. In addition, in March 2016, Steinlager Tokyo Dry, a dry premium lager, was launched in New Zealand. The product has a combination of Japanese brewing mastery with quality raw ingredients of New Zealand. This premium beer immediately took the market by storm owing to its high quality and taste. These new product launches are expected to expand the scope of the lager in the foreseeable future.
To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • In terms of revenue, the premium product segment is likely to expand at a CAGR of 4.5% from 2019 to 2025. Standard product dominated the global market, accounting for a revenue share of over 55.0% in 2018
  • Europe dominated the global lager market in 2018 and constituted 41.3% share of the total revenue. Rising importance of craft beer in developed economies including Germany, France, Italy, and Russia is projected to have a positive impact on the market growth over the next few years
  • Key players operating in the market include Heineken N.V., Carlsberg Group, Anheuser-Busch Companies, LLC, China Resources Snow Breweries Limited, Diageo, Molson Coors Brewing Company, Tsingtao Brewery Company Limited, ASAHI BREWERIES, LTD., Castel Group, and Kirin Brewery Company
  • Product innovation is expected to remain a critical success factor among industry participants over the next few years.

Outdoor Furniture Market Size to surge at 5.9% CAGR is expected to reach $25.0 Billion in 2025 | Market Research Report

The global outdoor furniture market size is expected to reach USD 25.0 billion by 2025, according to a new report by Grand view research, Inc., expanding at a CAGR of 5.9% over the forecast period. Surge in the number of hotels and resorts, increasing consumer spending power, and growing trend of traveling are some of the key factors responsible for the growth of the industry.
The commercial sector is anticipated to register a CAGR of 6.2% in the forecast period. Developing countries like Malaysia, Thailand, and Singapore have been the favourite destinations for traveling. Increase in the number of hotels and resorts in these countries has led to a surge in the product demand. In 2016, Thailand witnessed over 32.6 million international visitors.

On the basis of material type, wood dominated the market in 2018 with more than 60% share and is anticipated to witness significant growth in the forecast period. Easy availability, natural and rich look, durability, and comfort are some of the key factors driving the demand for wooden furniture among consumers.

Plastic accounted for more than 20.0% share of the overall revenue in 2018. The consumer groups with an economic budget prefer plastic furniture due to low maintenance, light weight, and low cost. However, manufacturers are shifting towards eco-friendly materials and thus, impacting the growth of the plastic segment as a material type.

Asia Pacific is a prominent regional market due to growing commercial sector and increasing adoption of western culture. The region is expected to expand at a CAGR of 6.3% in the forecast period. Europe is the fastest growing regional market, progressing at a CAGR of 8.4% in the forecast period.

To request a sample copy or view summary of this report, click the link below:


Further key findings from the study suggest:
  • In terms of revenue, wood as a material type is projected to expand at a CAGR of 6.0% over the forecast period
  • Based on the end-use, the residential segment dominates the market owing to the growing population, increasing per capita income, and changing lifestyle
  • The commercial segment is the fastest-growing segment, expanding at a CAGR of 6.2% in the forecast period. Growing tourism has led to an increase in the number of hotels and resorts, thus positively influencing the segment growth.
Subscribe to: Posts (Atom)