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Metalworking Fluids Market Size, Share, Trends And Forecast 2030

The global metalworking fluids market size is expected to reach USD 15.1 million by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 3.8% in the forecast period. The demand is attributed to arise in demand for automotive and industrial machinery. Individual end-use sectors, such as machinery, metal fabrication, and transportation equipment, are driving the expansion of the market.

The market is also expected to be driven by strong development in the machinery and transportation equipment end-use industries over the projected period. Manufacturing is one of the core industries in North America and Europe. Advances in the manufacturing methods for the production of sophisticated end-use products, coupled with the increase in the exports of construction machinery and power, agricultural, and automotive equipment, have fueled the market growth.

The sector is expected to benefit from increased production of construction machines and related parts for industrial, residential, and commercial construction. The rise in public-private partnerships is expected to boost the demand for a variety of construction components that use MWFs during their production. Because of the expanding building activities in these nations, emerging economies are likely to be critical for product growth.

The increasing demand for electricity and upgrading of the existing infrastructure for electricity generation, transmission, and distribution, is anticipated to fuel the market for electrical & power equipment and related components. These components are manufactured using ferrous and non-ferrous metal parts, which consume MWFs during manufacturing.

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Metalworking Fluids Market Report Highlights

Mineral-based MWFs accounted for a revenue share of 48.1% in 2021 due to the increased consumption owing to their low cost

Water cutting oils application is anticipated to grow at the fastest CAGR over the forecast period due to product usage in operations, such as drilling, milling grinding, and mainly in heat dissipation for the proper machining process

The machinery segment dominated the market in 2021 due to the high demand for construction equipment and increased infrastructural development activities

The automobile industry is anticipated to witness a significant CAGR over the forecast period due to the high demand for automobile machinery

The growth of the construction and electrical & power equipment sectors in emerging economies is also expected to drive the product demand

Synthetic and mineral-based products aid in better tool performance, which has led to their high demand

Metalworking Fluids Market Segmentation

Grand View Research has segmented the metalworking fluids market report on the basis of product, application, end-use, industrial end-use, and region:

MWFs Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Mineral

Synthetic

Bio-based

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

Neat Cutting Oils

Water Cutting Oils

Corrosion Preventive Oils

Others

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

Metal Fabrication

Transportation Equipment

Machinery

Others

MWFs Industrial End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Construction

Electrical & Power

Agriculture

Automobile

Aerospace

Rail

Marine

Telecommunication

Healthcare

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

North America

U.S.

Canada

Mexico

Europe

Germany

Russia

France

Spain

Italy

U.K.

Switzerland

Denmark

Norway

Belgium

Poland

Czech Republic

Turkey

Sweden

Finland

Asia Pacific

China

India

Japan

South Korea

Singapore

Malaysia

Thailand

Australia

New Zealand

Central & South America

Brazil

Middle East & Africa

List of Key Players in Metalworking Fluids Market

Houghton International, Inc.

Blaser Swisslube AG

BP plc

Exxon Mobil Corp.

Total S.A.

FUCHS

Chevron Corp.

China Petroleum & Chemical Corp.

Kuwait Petroleum Corp.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/metalworking-fluids-market

#Metalworking Fluids Market #Metalworking Fluids Market Size #Metalworking Fluids Market Trends #Metalworking Fluids Market Forecast

In Vitro Fertilization Market Size, Share & Trends Analysis Report 2030

The global in vitro fertilization market size is expected to reach USD 37.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.72% from 2023 to 2030. The market is driven by the continuous efforts of the market players, government initiatives to make available better reimbursement policies, and an increase in the incidence of infertility due to lifestyle changes. The expansion of fertility procedures such as ICSI for treating infertility is expected to positively impact market growth in the near future.

Moreover, the availability of genomic testing facilities that enable the prevention of the transfer of genetic disorders during In Vitro Fertilization (IVF) is further expected to drive the IVF market. The insurance providers are providing coverage for IVF procedures owing to an increase in the number of IVF treatments. This has led to competitive pricing and has moderated the IVF treatment costs as the procedure has been a successfully practiced technology, driving the market with more treatment automation and standardization.

A decline in the Total Fertility Rate (TFR) is a result of factors such as a behavioral shift in society. These factors include a shift from rural to urban societies, the increased age of the first birth, postponement of marriage, an increasing number of women employees, and lower marriage rates. In March 2020, in-person fertility treatments in U.S. and Canada were suspended due to COVID-19 by the American Society of Reproductive Medicine and Canadian Fertility and Andrology Society. However, treatment is resuming in many countries with the ease of COVID-19 restrictions. The research findings published by the Obstetrics and Gynecology journal, in January 2022 reported COVID-19 vaccines won't harm IVF outcomes. This is expected to prove significant in promoting the uptake of IVF in eligible vaccinated individuals.

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In Vitro Fertilization Market Report Highlights

The culture media segment dominated the market in terms of revenue in 2022. A number of research activities are being undertaken to improve the efficiency of cultural media. For instance, Vitrolife showcased its research on SpermFreeze solution at the American Society for Reproductive Medicine (ASRM) that established the effectiveness of its solution for sperm recovery and sperm-hyaluronic acid-binding

Europe dominated the market for procedures and instruments in 2022. Adoption of advanced technologies such as time-lapse microscopy by the clinics, availability of affordable treatment, and adherence to medical standards contribute to its market dominance

In APAC, the market is expected to witness increased demand for IVF owing to fertility tourism and the availability of funding for the treatment. In Japan, eligible couples can apply for co-funding for a maximum of three cycles with USD 1,920 for each cycle

The developing countries in the Asia Pacific region are undertaking legal reforms to promote treatment adoption in the region. For instance, in February 2020, the Government of India approved a bill for the regulation of clinics offering reproduction assistance services, including IVF, artificial insemination, and surrogacy

In January 2020, Merck received Marketing Authorization (MA) from the European Commission (EC) for its recombinant human follicle-stimulating hormone, GONAL-f (follitropin alfa) 150 IU pen

In Vitro Fertilization Market Segmentation

Grand View Research has segmented the global in vitro fertilization market based on instrument, procedure type, end-use, and region:

In Vitro Fertilization Instrument Outlook (Revenue, USD Million, 2017 - 2030)

Disposable Devices

Culture Media

Capital Equipment

In Vitro Fertilization Procedure Type Outlook (Revenue, USD Million, 2017 - 2030)

Fresh Donor

Frozen Donor

Fresh Non-donor

Frozen Non-donor

In Vitro Fertilization End-use Outlook (Revenue, USD Million, 2017 - 2030)

Fertility Clinics

Hospitals & Other Settings

Regional Insights

Europe dominated the in vitro fertilization market and accounted for the largest revenue share of more than 36.98% in 2022. Factors, such as rising medical tourism and legal revisions related to IVF techniques, will propel the regional market growth during the forecast years. An increasing number of people from the U.S. are traveling to the Czech Republic to avail of IVF treatments at lower costs. As per an ESHRE fact sheet, in January 2017, some reimbursement is available for ART in almost all EU member states (except Lithuania and Ireland). In Asia Pacific, the market for IVF is estimated to register the fastest CAGR of 7.29% from 2023 to 2030.

The demand for IVF treatment is expected to boom in the Asia Pacific region due to fertility tourism, increasing foreign investment to penetrate economically developing countries, and the changing regulatory landscape. Incidence of infertility has increased due to changes in lifestyles, such as the increased prevalence of obesity and stress, lack of exercise, improper eating habits, lack of nutrition, and rise in pollution, as well as due to prevalence of medical conditions such as diabetes. North America is also expected to witness increasing demand for fertility treatment in the coming years. Standardization of procedures through automation, regulatory reforms, government funding for egg/sperm storage, and the introduction of more IVF treatments by industry players are among the major factors contributing to the growth of the IVF market in North America.

List of Key Players in In Vitro Fertilization Market

OvaScience

EMD Serono Inc.

Vitrolife AB

Irvine Scientific

Cook Medical Inc.

Cooper Surgical Inc.

GeneaBiomedx

Thermo Fisher Scientific Inc.

Progyny, Inc.

Boston IVF

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/in-vitro-fertilization-market

#In Vitro Fertilization Market #In Vitro Fertilization Market Trends #In Vitro Fertilization Market Forecast #In Vitro Fertilization Market Share #In Vitro Fertilization Market Growth

Global Home Infusion Therapy Market Size, Share And Trends Analysis Report 2030

The global home infusion therapy market size is expected to reach USD 61.7 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2023 to 2030. Home infusion therapy involves the intravenous or subcutaneous administration of drugs or biologicals to an individual at home. Favorable government policies and regulations are expected to propel market growth. In February 2018, the Bipartisan Budget Act of 2018 was signed into a law that states that all temporary payments of home infusion therapy in the U.S. will be covered by the government in accordance with this regulation.

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In addition, the rising prevalence of chronic diseases, such as cardiovascular diseases (CVDs), cancer, diabetes, and other life-threatening conditions, is expected to have a high impact on the market growth. According to a WHO report, the above-mentioned diseases accounted for 60.0% of the total deaths and 43.0% of the disease burden in the U.S. in 2019. This creates the need to infuse nutritional products that contain glutamine, phospholipids, glucose, and amino acids while administering medication to patients, which, in turn, is expected to boost the market growth in this region.

The ongoing COVID-19 pandemic is expected to create lucrative opportunities for the market. Due to the restrictions caused by COVID-19, patients are waiting to seek treatment until they feel safe. Moreover, patients who seek infusion therapy already have diseases, which eventually weaken their immune systems. In such cases, going outside even to receive treatment becomes a potential threat. Reduced operating hours have led to difficulty in scheduling appointments as well, even if patients choose to continue treatment. Hence, home infusion therapy is expected to play a key role in supporting patients.

Home Infusion Therapy Market Report Highlights

By product, infusion pump emerged as the largest segment in 2022 owing to the increasing use of delivery fluids such as nutrients and medications

The anti-infective application segment dominated the market in 2022 as a large number of procedures are performed during the administration of medications, such as antibiotics and antifungals

North America dominated the global market in 2022 owing to the increasing demand for new technologies, along with advanced healthcare infrastructure

The Asia Pacific market is projected to witness the fastest growth over the forecast period owing to the increasing number of diabetic patients in the region

Home Infusion Therapy Market Segmentation

Grand View Research has segmented the global home infusion therapy market on the basis of product, application, and region:

Home Infusion Therapy Product Outlook (Revenue, USD Million, 2017 - 2030)

Infusion Pumps

Elastomeric Pumps

Electromechanical

Gravity

Others

Intravenous Sets

IV Cannulas

Needleless Connectors

Home Infusion Therapy Application Outlook (Revenue, USD Million, 2017 - 2030)

Anti-infective

Endocrinology

Diabetes

Others

Hydration Therapy

Athletes

Others

Chemotherapy

Enteral Nutrition

Parenteral Nutrition

Specialty Pharmaceuticals

Others

Home Infusion Therapy Route of Administration Outlook (Revenue, USD Million, 2017 - 2030)

Intramuscular

Subcutaneously

Epidural

Regional Insights

North America dominated the market in 2022 with a revenue share of over 56.5% and this trend is expected to continue throughout the forecast period. This can be attributed to the increasing R&D in the region and the rising adoption of new technology in infusion pumps. The increasing need for long-term therapy for patients with certain conditions is driving the regional market. Development of alternate healthcare settings and home infusion services and shifting preference from acute care to home care settings due to the low cost and enhanced patient mobility would boost the growth of this market in the coming years.

The Asia Pacific market is expected to register the fastest CAGR of 9.9% over the forecast period. This is attributed to rising patient awareness regarding the benefits of home infusion therapy over in-hospital procedures and the growing prevalence of diabetes in the region. The growing geriatric population and the rise in chronic diseases in the region are expected to further fuel the market growth. According to the Times of India, around 75 million people over the age of 60 years suffer from some chronic disease in India, which might increase the adoption of home care services in the country.

List of Key Players of Home Infusion Therapy Market

CVS/Coram

Option Care Health

CareFusion Corporation

BriovaRx/Diplomat (UnitedHealth Optum)

PharMerica

Fresenius Kabi

ICU Medical, Inc.

Braun Melsungen AG

Baxter

Caesarea Medical Electronics

Smiths Medical

Terumo Corporation

JMS Co. Ltd.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/home-infusion-therapy-market

#Home Infusion Therapy Market #Home Infusion Therapy Market Size #Home Infusion Therapy Market Trends #Home Infusion Therapy Market Growth

Enterprise Mobility Management Market Size To Reach USD 69.12 Billion By 2030

Enterprise Mobility Management Market Growth & Trends

The global enterprise mobility management market size is estimated to reach USD 69.12 billion by 2030, expanding at a CAGR of 23.8% from 2023 to 2030, according to the recent reports of Grand View Research, Inc. The market growth can be attributed to the proliferation of mobile devices and the rising trend of work from policies led by the COVID-19 pandemic. Further, end-user companies shifting focus on remote working to improve employees’ productivity is creating a favorable environment for the market. Enterprise mobility management (EMM) solutions enable end-user companies to update, control, or erase the data of mobile devices remotely, supporting the market growth.

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Rapid development in network infrastructure, supportive government initiatives for digitization, and the increasing trend of Bring Your Own Device (BYOD) are some of the key factors attracting hackers & cybercriminals, resulting in data theft and data loss from mobile devices. The majority of end-user companies are adopting EMM solutions to protect their business-critical data from mobile devices, creating robust opportunities for the market. EMM solutions also offer various benefits to employees through their mobile devices, such as remote access to enterprise resources, a secure web browser, mobile threat defense, mobile content management, mobile device provisioning, and document editing.

The increasing demand for enterprise mobility management solutions across the globe is encouraging market players to invest in their R&D to expand their product portfolio, supporting the growth of the market for enterprise mobility management. Companies such as Sektor, HMD Global, and Zoho Corporation Pvt. Ltd. are adopting various business strategies to stay competitive in the market. For instance, in May 2021, the consumer electronics company, HMD Global launched an EMM solution, HMD Enable Pro, to assist organizations in enhancing the security of smartphones and setting up security policies. Further, in August 2021, mobile device company Sektor partnered with SOTI, an EMM firm, to strengthen its EMM portfolio and expand its business operations in Vietnam, Thailand, Malaysia, New Zealand, and Australia.

Enterprise Mobility Management Market Report Highlights

The services segment is expected to register a CAGR of 24.7% from 2023 to 2030. Shifting end-user focus on adopting customized EMM solutions as per business needs and optimizing their operating costs is driving the growth of the services segment

The Mobile Identity Management (MIM) segment is anticipated to grow at a CAGR of 26.6% from 2023 to 2030. The MIM segment enables secure access to digital content, ensures data security, & privacy, and provides user-friendly experiences, creating a positive outlook for the EMM market

The professional services segment is anticipated to grow at a CAGR of 25.2% from 2023 to 2030. The professional services ensure smooth deployment of the enterprise mobility management solution and assist organizations in secure connection of their mobile devices with cloud platforms, supporting the industry trend. Further, it also helps in managing various solutions such as mobile workforce management, mobile data management, and mobile security, driving the growth of the market

The support & maintenance segment is anticipated to grow at a CAGR of 27.0% from 2023 to 2030. The EMM support & maintenance services assist organizations in improving the operational efficiency of the deployed EMM solutions and upgrade the EMM solution regularly to make them capable of providing security against evolving cybersecurity threats

The cloud-based segment is anticipated to expand at a CAGR of 25.2% from 2023 to 2030. The significant growth can be attributed to the hassle-free deployment of cloud-based EMM solutions, low investment in physical infrastructure, and enhanced remote management. Market players’ focus on developing diverse cloud-based EMM solutions is expected to fuel the growth of the cloud-based market in the forecast period

The small & medium-sized enterprises segment is anticipated to expand at a CAGR of 24.5% from 2023 to 2030. The rising digital security concerns and availability of low-cost EMM solutions are propelling the growth of the EMM market in SMEs

The retail segment is anticipated to grow at a CAGR of 28.0% from 2023 to 2030. Retailers are using mobile devices, such as Point-of-sale (POS) terminals and kiosks, to enhance the customers’ shopping experience. To ensure the security and data privacy of all these mobile devices, retailers are investing in cyber security solutions, creating robust opportunities for the market in the retail sector

The Asia Pacific segment is anticipated to register a CAGR of 26.1% from 2023 to 2030. The growing public & private investment in digitalization and various countries’ government emphasis on strengthening digital security across the country is accelerating the proliferation of the Asia Pacific market.

Enterprise Mobility Management Market Segmentation

Grand View Research has segmented the global enterprise mobility management market based on solution, software, services, professional services, deployment, enterprise size, vertical, and region:

Enterprise Mobility Management (EMM) Solution Outlook (Revenue, USD Billion, 2018 - 2030)

Software

Services

Enterprise Mobility Management (EMM) Software Outlook (Revenue, USD Billion, 2018 - 2030)

Mobile Device Management

Mobile Identity Management

Mobile Content Management

Mobile Application Management

Others (Mobile Expense Management, Identity and Access Management)

Enterprise Mobility Management (EMM) Services Outlook (Revenue, USD Billion, 2018 - 2030)

Professional Services

Managed Services

Enterprise Mobility Management (EMM) Professional Services Outlook (Revenue, USD Billion, 2018 - 2030)

Consulting

Integration

Support and Maintenance

Enterprise Mobility Management (EMM) Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

Cloud

On-premise

Enterprise Mobility Management(EMM) Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

Small and Medium-sized Enterprises

Large Enterprises

Enterprise Mobility Management (EMM) Vertical Outlook (Revenue, USD Billion,2018 - 2030)

BFSI

IT and Telecom

Retail

Healthcare

Transportation and Logistics

Manufacturing

Government

Others (Aerospace & Defense, Education)

Regional Insights

North America held the major share of 36.9% of the target market in 2022. The availability of key market players such as Cisco Systems, Inc., IBM Corporation, & Microsoft Corporation and increasing public and private investment in cybersecurity solutions are driving the growth of the North America EMM market. The supportive government initiatives to strengthen digital security and protect sensitive data are creating robust market opportunities for the EMM market. For instance, in March 2023, the Government of the U.S. announced a new cybersecurity strategy to strengthen its cyber defenses to control the rising digital crimes and hacking in the U.S. With this program, the government will improve its collaboration with market players and invest in cybersecurity projects across the country.

Asia Pacific is anticipated to grow as the fastest-developing regional market at a CAGR of 26.1%. Significant digitalization and rising penetration of mobile devices are expected to drive the growth of the Asia Pacific enterprise mobility management market. Further, the increasing number of SMEs and their emphasis on BYOD policies are propelling the sales of EMM solutions in the regions. The governments of various countries, such as India, South Korea, China, and Australia, are digitalizing the overall infrastructure, which is expected to create robust opportunities for the EMM market in the forecast period in the region.

List of Key Players in the Enterprise Mobility Management Market

Cisco Systems, Inc.

SAP SE

Broadcom, Inc.

AppTec GmbH

VMware, Inc.

Citrix Systems

Ivanti

IBM Corporation

Microsoft Corporation

Micro Focus

Zoho Corporation Pvt. Ltd.

Matrix42

Sophos

Blackberry

Esper

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/enterprise-mobility-management-emm-market-report

#Enterprise Mobility Management Market #Enterprise Mobility Management Market Size #Enterprise Mobility Management Market Share #Enterprise Mobility Management Market Growth #Enterprise Mobility Management Market Trends

Swine Artificial Insemination Market Size, Share & Trends Analysis Report, 2030

Swine Artificial Insemination Market Growth & Trends

The global swine artificial insemination market size is expected to reach USD 3.16 billion by 2030, expanding at a CAGR of 6.67% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by factors such as increasing demand for pork products, advances in artificial insemination technology, awareness about the benefits of artificial insemination in pigs, and a focus on swine genetics, among others. PIC - a subsidiary of Genus, for instance, reported continued investments in its PRRSv-resistant pig program in 2022. The company estimates final FDA submissions to be made by December 2023. This will enable the company to launch gene-edited PRRSv-resistant pigs and explore tech-based solutions to other diseases.

The market was notably impacted by the COVID-19 pandemic, outbreaks of African Swine Fever, the Russia-Ukraine conflict, and macroeconomic hurdles from 2018 to 2022. However, the increasing demand for pork worldwide has helped the market recover and grow steadily. With the growing population, the demand for pork is expected to increase, and artificial insemination is expected to play a critical role in meeting this demand. As per estimates by OECD, pork meat consumption in BRICS countries is expected to grow from 55.26 mega tones in 2022 to 64.45 mega tones in 2025. The demand and uptake of artificial insemination solutions in pigs are thus estimated to increase over time.

The increasing focus on sustainable food production, animal genetics, and concerns over zoonoses are other factors driving the market growth. Swine producers exhibit increasing awareness of the benefits of artificial insemination, which often translates to increased productivity and better herd health. Swine producers are hence increasingly adopting artificial insemination products and services to breed swine that are more disease-resistant, have better meat quality, and are more efficient at converting feed into meat. Overall, the swine artificial insemination industry is expected to continue its growth in the coming years, driven by rising awareness about the benefits of artificial insemination in pigs and ongoing technological advancements in the field.

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Swine Artificial Insemination Market Report Highlights

By solutions, the services segment accounted for the largest share of over 40% of the market in 2022, owing to the availability of a wide range of services and a high uptake

The semen segment is projected to grow at the fastest rate of over 7% from 2023 to 2030

The semen segment is further bifurcated into normal and sexed semen. In 2022, normal semen held the highest share of the market while sexed semen is estimated to grow at the fastest rate of about 8% in the coming years

In terms of distribution channels, the private segment held the highest share of the market in 2022. It is also projected to grow at the fastest rate over the forecast period

Asia Pacific accounted for the highest market share in 2022 by region. On the other hand, Latin America is anticipated to grow notably at a rate of about 7% in the near future

The demand for pork products is rising steadily in many parts of the world, leading to an increased demand for breeding services and high-quality swine semen

Similarly, advances in technology have made artificial insemination more efficient, reliable, and cost-effective, leading to wider adoption of the technique by swine producers

Swine Artificial Insemination Market Segmentation

Grand View Research has segmented the global swine artificial insemination market based on solutions, distribution channel, and region:

Swine Artificial Insemination Solutions Outlook (Revenue, USD Million, 2018 – 2030)

Equipment & Consumables

Semen

Normal

Sexed

Services

Swine Artificial Insemination Distribution Channel Outlook (Revenue, USD Million, 2018 – 2030)

Private

Public

Regional Insights

Asia Pacific dominated the market by region with a share of about 30% in 2022. This is due to the high population of pigs, the rising adoption of artificial insemination, and the need to meet global animal protein demand more sustainably. As per FAO estimates, the global pig population in 2022 was about 975 million. Of this, an estimated 559 million pigs were in the Asia Pacific alone. China, for instance, is a major pork producer which is expected to contribute to the regional growth.

Latin America region is projected to grow at the fastest CAGR of over 7% in the coming years. In 2022, Latin America was estimated to have the second-largest pig population at about 97 million. Moreover, as per Genesus Inc. the region accounts for some of the largest producers. This includes the BRF S.A. a Brazilian company with an estimated 0.39 million sows and Aurora Alimentos in Brazil with an estimated 0.26 million sows in 2021.

List of Key Players in the Swine Artificial Insemination Market

Genus Plc

IMV Technologies

Shipley Swine Genetics

Agtech, Inc.

Neogen Corporation.

GenePro, Inc.

MINITÜB GMBH

Swine Genetics International

Hypor BV

Semen Cardona S.L.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/swine-artificial-insemination-market-report

#Swine Artificial Insemination Market #Swine Artificial Insemination Market Size #Swine Artificial Insemination Market Share #Swine Artificial Insemination Market Trends

Drilling Lubricants Market Size, Share & Trends Analysis Report, 2030

Drilling Lubricants Market Growth & Trends

The global drilling lubricants market size is expected to reach USD 3.4 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2023 to 2030. The growth is majorly driven by the growing demand for the product from the oil and gas industry across the globe. The product is used to reduce friction between the drill bit and rock formation and to improve the drilling performance by reducing friction, wear, and heat in the oil and gas industry.

The product is critical to the success and safety of drilling operations in several industries including the oil and gas, mining, and construction industry. It is also used in the water well industry to create wells that provide drinking water for communities and agriculture and in the geothermal industry to extract hot water and steam from beneath the earth's surface to generate electricity. Additionally, environmental industry uses it for site investigation, soil and groundwater sampling, and remediation of contaminated sites while military uses it for a variety of purposes, such as creating underground tunnels and bunkers, and constructing missile silos.

Asia Pacific is expected to expand at the highest CAGR over the forecast period owing to a significant growth in the product demand in recent years, driven by the increasing demand for energy and the growth of drilling activities in the region. Many countries in the Asia Pacific region, including China, India, Indonesia, and Malaysia, have increased their oil and gas exploration activities in recent years. This is predicted to drive the market growth over the forecast period.

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Drilling Lubricants Market Report Highlights

In 2022, the diamond drilling segment emerged as the dominant technique by contributing over 30% of the revenue share. This is attributed to the maximum geological information obtained from the technique

Oil and gas was the dominant end-use segment accounting for a revenue share of around 36% in 2022 owing to the growing oil and gas industry due to the rising need for fuel across the globe

The Asia Pacific is projected to dominate the market over the predicted years owing to the expected growth in the number of oil and gas refineries in the region in the coming years

Drilling Lubricants Market Segmentation

Grand View Research has segmented the global drilling lubricants market on the basis of technique, end-use, and region:

Drilling Lubricants Technique Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Down The Hole Drills (DTH)/ Rotary Air Blast Drilling (RAB)

Diamond Drilling

Top Hammer Drilling

Reverse Circulation Drilling

Other Techniques

Drilling Lubricants End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Mining

Oil & Gas

Construction

Others

Regional Insights

The Asia Pacific was the dominating region and accounted for a revenue share of over 40% in 2022. The growth is attributed to the rapid growth of several end-use industries including oil and gas and construction industry in the region. According to the International Energy Agency, the number of refineries in Asia is expected to increase by 60% by 2050. Additionally, the demand for oil in the region is predicted to rise by 9 million barrels per day by 2040.

According to the Government of Canada, China has around 1,500 major mining operations and produces over USD 400 million per year. The country has around 40,000 mines. 1,254 mining companies have been listed on the national green mine directory as of 2021. China has 163 proven reserves in minerals and has discovered around 173 minerals. The flourishing mining industry in the country is expected to drive the product demand in the country over the predicted years.

Europe accounted for a revenue share of over 18.0% in 2022. The construction industry in Europe is among the largest sectors in the region and accounts for around 9% of the total GDP. The construction industry in the region is also embracing digitalization and innovation to improve efficiency, reduce costs, and minimize environmental impact. This includes the use of Building Information Modelling (BIM), 3D printing, and other digital technologies. This is expected to boost the construction industry thereby having a positive impact on the market in the coming years.

List of Key Players of Drilling Lubricants Market

Imdex Limited

SINO MUD

Baroid Industrial Drilling Products

Baker Hughes, Inc.

Halliburton, Inc.

Chevron Corporation

Schlumberger Limited

Browse Full Report: https://www.grandviewresearch.com/press-release/global-drilling-lubricants-market

#Drilling Lubricants Market #Drilling Lubricants Market Size #Drilling Lubricants Market Share #Drilling Lubricants Market Trends #Drilling Lubricants Market Growth

Maternal Mental Health Market To Reach $45.72 Billion By 2030

Maternal Mental Health Market Growth & Trends

The global maternal mental health market size is expected to reach USD 45.72 billion by 2030, growing at a CAGR of 28.43%, according to a new report by Grand View Research, Inc. Maternal mental health issues are a global concern that affects women of various countries and cultures. It refers to the emotional well-being of women during the pregnancy and postpartum period. The market is driven by the increasing incidence of post-partum depression, increasing awareness programs, and efforts in improving practices around maternal mental healthcare among other factors.

Efforts are being undertaken to increase awareness of maternal mental health issues and improve access to treatment and support. These efforts include screening for issues during pregnancy and after childbirth, training healthcare providers to recognize and treat these conditions, and government funding & providing resources to women and their families. For instance, in May 2023, in Canada, the Associate Minister of Health and the Minister of Mental Health and Addictions announced funding for three organizations totaling over USD 857,000 for their initiatives promoting the treatment of maternal mental health conditions. The Women's College Hospital will receive USD 372,000 from Health Canada to help create national physician guidelines for perinatal mood disorders.

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In addition, the Public Health Agency of Canada will provide USD 279,000 to the Canadian Mothercraft Society to encourage secure attachment of mothers with their kids and USD 206,000 to the Families Matter Society of Calgary to lead projects aimed at promoting positive mental health conditions by enhancing their access to support services for black parents who are dealing with perinatal mood disorders.

Patients who gave birth to a child during the coronavirus (COVID-19) pandemic reported experiencing more stress during labor. In addition, depression symptoms were present in 29.6% of pregnant patients evaluated during the pandemic. COVID-19 has consequently significantly impacted peripartum mental well-being outcomes. However, the lack of access to diagnosis and pharmacological or psychological treatment during the pandemic has impacted the market.

On the other hand, the workforce shortage is expected to hinder the growth of this market. For example, one-third of Americans-about 37%-live in locations with a shortage of mental health professionals. According to the Substance Abuse and Mental Health Services Administration (SAMHSA), there will be a shortage of 31,000 full-time equivalent mental health professionals in the U.S. by 2025. This shortage is attributed to a lack of resources, comparatively poor salaries, an aging workforce, a low number of people joining the field, and a concentration of providers in wealthy urban and suburban areas.

Maternal Mental Health Market Report Highlights

The pregnancy and postpartum general anxiety segment accounted for the largest share in 2022. Increasing awareness and recognition of perinatal mental health issues, including anxiety disorders is the major factor driving the segment growth

The postpartum depression segment is expected to witness a lucrative CAGR through 2023-2030 owing to the favorable reimbursement scenario, increasing awareness for screening, and approval of novel therapies

Interpersonal psychotherapy (IPT) dominated the market in 2022 as it is considered an effective therapy for treating a variety of these conditions

The North American market encompasses the U.S. and Canada. The factors contributing to the market growth in the region include robust government funding, increasing research, and the presence of prominent players in this region

Maternal Mental Health Market Segmentation

Grand View Research has segmented the global maternal mental health market based on disease indication, therapy, and region:

Maternal Mental Health Disease Indication Outlook (Revenue, USD Million, 2018 - 2030)

Postpartum Depression

Dysthymia

Pregnancy and Postpartum General Anxiety

Pregnancy and Postpartum OCD

Birth-Related PTSD

Others

Maternal Mental Health Therapy Outlook (Revenue, USD Million, 2018 - 2030)

Antidepressants

Selective serotonin reuptake inhibitors (SSRIs)

Tricyclic antidepressants (TCAs)

Others

Interpersonal Psychotherapy (IPT)

Cognitive Behavioral Therapy (CBT)

Others

Regional Insights

North America accounted for the largest revenue share of 41.93% in 2022 and is expected to grow at the fastest CAGR during the study period. Favorable reimbursement scenarios, increasing incidence of PPD, growing awareness programs, and robust healthcare infrastructure are the major factors driving the growth of the region. As per the data published by Postpartum Depression, the reported rate of some clinical PPD among new mothers is 10% to 20%. A recent study indicated that one in seven women may develop PPD in the year following childbirth. With over four million live births being reported annually in the U.S., this corresponds to approximately 600,000 PPD diagnoses. In the U.S., approximately 900,000 women who had miscarried or had a stillbirth suffered from PPD annually.

In addition, Texas lawmakers enacted a bill in 2021 that extended Medicaid coverage for six months following childbirth, compared to the current 2-month limit. In the 2023 session, other bills that call for a 1-year extension have also been introduced. Additional health-related legislation priorities for the 2023 session include expanding access to and coverage for contraception, providing gender-affirming treatment for trans adolescents, and providing mental health services for youth throughout Texas. Implementation of such legislation will offer lucrative opportunities during the review period.

List of Key Players in the Maternal Mental Health Market

Therapy Mama

Canopie

Pfizer, Inc.

Viatris, Inc.

GlaxoSmithKline, Inc.

Alembic Pharmaceuticals Limited

Mallinckrodt, Inc.

Sage Therapeutics, Inc.

Bausch Health Companies, Inc.

Magellan Health, Inc.

Others

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/maternal-mental-health-market-report

#Maternal Mental Health Market #Maternal Mental Health Market Size #Maternal Mental Health Market Share

North America Outdoor Living Structure Market To Reach $2,407.2 Million By 2030

North America Outdoor Living Structure Market Growth & Trends

The North America outdoor living structure market size is expected to reach USD 2,407.2 million by 2030, expanding at a CAGR of 6.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising trends of construction of dining and leisure areas, primarily in developed economies such as the U.S. and Canada. In addition, high investments by homeowners for the extension of living areas during the COVID era are expected to drive market growth.

The rising disposable income of the population in emerging regions of the U.S. is expected to create growth opportunities for the outdoor living structures market in the coming years. Moreover, the growing construction of backyard cottages or accessory dwelling units is expected to add to the demand for outdoor living structures. They can be utilized as assisted living facilities for the elderly, study rooms for children, storage rooms for house stuff, and rental units for additional income.

The decreasing number of joint families in several parts of the world owing to the migration of people to other cities and countries for jobs, marriages, and education is expected to reduce the demand for large single-family homes and thus, negatively impact the demand for outdoor living structures. The prevailing trend of nuclear families globally has led to increased adoption of apartment housing units owing to their limited space requirements and low costs. This is also expected to negatively impact the growth of the U.S. outdoor living structures market over the forecast period.

The market exhibits strong competition owing to its fragmented nature. The key players in the market include Renson, Absolute Outdoor Living, and Corradi. These players are also investing in material and technological development in terms of designs, sizes, fittings, automated systems, and sound. Companies in the market are focusing on maintaining strong relationships with distributors to gain access to other markets and increase their market share.

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North America Outdoor Living Structure Market Report Highlights

· Pergolas/patios dominated the outdoor living structures market and accounted for USD 625.5 million in 2022. Pergolas/patios are an open garden features forming a shaded sitting area, walkway, and passageway of pillars or vertical posts that support latticework beams, rafters, and stringers. They can be used for several applications, including cocktail bars, dining areas, outdoor kitchens, and living areas. The rising trend of decorating backyards for leisure and relaxation activities is expected to increase the demand for pergolas over the forecast years

· The wood material type segment led the market, and accounted for the largest revenue share, and was valued at USD 516.2 million in 2022. Wood is the most common material used for manufacturing outdoor living structures due to its easy manufacturing process and its sustainability. Wood also imparts aesthetic appeal and is widely available. Storage products made from wood can be painted and polished in any color to match the surrounding residential area, offering an attractive look to the landscape. These above-mentioned factors are expected to increase the demand for wood in the coming years

· Composite materials used in construction of outdoor living structures is growing at a fastest CAGR of 6.8% in terms of revenue over the forecast year. The adoption of composite materials has increased in the recent past owing to their benefits like being economical, versatile, and durable. These materials offer the advantages of both plastic and wood, which increases their preference over other materials. Moreover, the growth in demand for composite material in modular construction, coupled with surging popularity and awareness of its benefits for outdoor living structures is expected to augment the product demand in North America over the coming years

· The U.S. led the outdoor living structures market in North America and accounted for USD 1.25 billion in 2022. Growing demand for professional landscaping, vegetable gardens, outdoor fireplaces, outdoor area rugs, and peace and relaxation are key factors driving the demand for outdoor living structures in the U.S. Outdoor living structures offer quiet and calm places to refresh and recharge, as well as a comfortable time away from electronic gadgets. The rising utilization of outdoor spaces in suburban areas is expected to lead to market growth

North America Outdoor Living Structure Market Segmentation

Grand View Research has segmented the North America outdoor living structures market based on product, material, and region:

North America Outdoor Living Structure Product Outlook (Revenue, USD Million; 2018 - 2030)

· Pergolas/Patios

· Pavilions/Gazebos

· Sheds

North America Outdoor Living Structure Material Outlook (Revenue, USD Million; 2018 - 2030)

· Wood

· Metal

· Plastic

· Composite

· Fabric

· Others

North America Outdoor Living Structure Regional Outlook (USD Million; 2018 - 2030)

· North America

o U.S.

o Canada

o Mexico

List of Key Players in North America Outdoor Living Structure Market

· Renson Outdoor

· Outdoor Structure Company LLC

· Outdoor Living

· Absolute Outdoor Living

· Corradi

· Lifetime Products

· ShelterLogic Group

· CEDARSHED USA

· Tuff Shed Inc.

· Backyard Buildings & More

Browse Full Report & ToC: https://www.grandviewresearch.com/industry-analysis/north-america-outdoor-living-structure-market-report

#North America Outdoor Living Structure Market #North America Outdoor Living Structure Market Size #North America Outdoor Living Structure Market Share

Logistics Automation Market Size, Share & Trends Analysis 2030

Logistics Automation Market Growth & Trends

The global logistics automation market size is expected to reach USD 90.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 14.7% over the forecast period. Logistics operations are critical factors in the smooth functioning of the supply chain of any business, especially low-margin, high-volume businesses. The logistics sector is witnessing a continuous increase in investments with a significant emphasis on the automation of several logistics functions. Automation enhances efficiency and aids in integrating supply chains; thus, automation is increasingly getting adopted across sectors. The growing tendency of the logistics industry towards adopting automation solutions is one of the significant factors driving the growth of the logistics automation industry.

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According to a DHL report published in 2018, 80% of warehouses do not have any automation support and are still operated manually, while 15% of the total warehouses are just mechanized, which means the warehouses use sorters, conveyors, picker solutions, and other machined equipment which are not necessarily automated. The report states that only 5% of total warehouses are automated. The trend displays a remarkable opportunity for the growth of the market in the coming years as companies are increasingly adopting automation in their warehouses, including autonomous robots, automated sorting systems, conveyor systems, etc. Technological development such as communication technologies, sensors, tracking devices, computer vision, artificial intelligence, and machine learning are aiding the growth of the target market.

The e-commerce boom is resulting in increasing adoption of automation solutions owing to the enormous volumes of shipments. The e-commerce shipment volume is growing exponentially by the year, and hence the warehouses require automation solutions to meet the short delivery timelines. The e-commerce fulfillment centers are implementing automated sorting and conveyor systems and highly benefit from inventory management and order management software. Moreover, the major labor challenges faced by the logistics industry across the globe are driving the demand for logistics automation solutions.

The COVID-19 pandemic accelerated the adoption of automation technologies such as robots, conveyors, and automation software, among others, in the logistics sector. The imposed lockdowns and social distancing norms necessitated the deployment of automation tools in warehouses and logistics functions. Although there were shortages and delays in receiving the hardware equipment during the lockdown, the market displayed a positive growth trend from 2020 to 2022.

Logistics Automation Market Report Highlights

The hardware segment dominated the market in 2022 with a market share of about 67%. Autonomous robots are the largest sub-segment of hardware components in terms of revenue owing to the increasing demand for automated warehouse logistics

The inventory & storage management function segment is anticipated to grow at a CAGR of 15.8% during the forecast period. The inventory & storage management ensures the stocks are maintained at optimum levels, and the demand for each product determines the stock levels

The sales logistics segment dominated the market in 2022, accounting for a market share of about 36%. Sales logistics is a critical aspect of the supply chain as it involves moving or delivering goods to the end consumer

The small and medium enterprises segment is anticipated to grow at the fastest CAGR of 15.6% during the forecast period. The growth can be attributed to the automation that helps SMEs to optimize their labor costs

The order management software segment held the largest market share in 2022. The dominance of the segment is owing to the need to fulfill the orders correctly and without any delivery delays. The order management process starts when an order is placed and ends when the customer receives the order

The retail and e-commerce segment is anticipated to grow at a CAGR of 15.2%. The growth can be attributed to the increasing preference for online shopping among consumers across the globe

The Asia Pacific segment is anticipated to register significant growth with a CAGR of 17.2%. The growth can be attributed to the increasing investments in logistics infrastructure projects in countries such as India and China

Logistics Automation Market Segmentation

Grand View Research has segmented the global logistics automation market based on component, function, logistics type, organization size, software application, vertical, and region.

Logistics Automation Component Outlook (Revenue, USD Billion, 2017 - 2030)

Hardware

Autonomous Robots (AGV, AMR)

Automated Storage and Retrieval Systems (AS/RS)

Automated Sorting Systems

De-palletizing/Palletizing Systems

Conveyor Systems

Automatic Identification and Data Collection (AIDC)

Software

Warehouse Management System

Transportation Management System

Services

Consulting

Deployment & Integration

Support & Maintenance

Logistics Automation Function Outlook (Revenue, USD Billion, 2017 - 2030)

Inventory & Storage Management

Transportation Management

Logistics Automation Logistics Type Outlook (Revenue, USD Billion, 2017 - 2030)

Sales Logistics

Production Logistics

Recovery Logistics

Procurement Logistics

Logistics Automation Organization Size Outlook (Revenue, USD Billion, 2017 - 2030)

Large Enterprises

Small & Medium Enterprises

Logistics Automation Software Application Outlook (Revenue, USD Billion, 2017 - 2030)

Inventory Management

Order Management

Yard Management

Shipping Management

Labor Management

Vendor Management

Customer Support

Others

Logistics Automation Vertical Outlook (Revenue, USD Billion, 2017 - 2030)

Retail & E-commerce

Healthcare

Automotive

Aerospace & Defense

Electronics & Semiconductors

Others

Regional Insights

North America led the overall market in 2022, with a market share of 33.74%. The region's growth can be attributed to the presence of several logistics automation solution providers and several logistics giants such as UPS, DHL, and FedEx Corporation, among others, in North America. In addition, the speedy implementation of modern technologies and the existence of modern infrastructure in the region is a supportive factor in the growth of the target market. The U.S. is expected to retain its dominance over the forecast period owing to the rapid boom of the e-commerce sector in the country.

The Asia-Pacific is expected to grow at the fastest CAGR of 17.2% over the forecast period. Asia Pacific is expected to experience rapid economic growth, especially in e-commerce. Moreover, Asia Pacific includes several countries which are hubs of logistical activity, such as Singapore, Indonesia, China, India, etc. Furthermore, the rising technological advancements and rising adoption of Industry 4.0 in countries such as China, India, Japan, and Southeast Asia countries are expected to boost the demand for logistics automation significantly over the forecast period.

List of Key Players in the Logistics Automation Market

Dematic Corp. (Kion Group AG)

Daifuku Co. Limited

Swisslog Holding AG (KUKA AG)

Honeywell International Inc.

Jungheinrich AG

Murata Machinery Ltd

Knapp AG

TGW Logistics Group GmbH

Kardex Group

Mecalux SA

Beumer Group GmbH & Co. KG

SSI Schaefer AG

Vanderlande Industries BV

WITRON Logistik

Oracle Corporation

One Network Enterprises Inc.

SAP SE

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/logistics-automation-market-report

#Logistics Automation Market #Logistics Automation Market Size #Logistics Automation Market Share #Logistics Automation Market Trends

Data Pipeline Tools Market Size, Share & Revenue Forecast 2030

Data Pipeline Tools Market Growth & Trends

The global data pipeline tools market size is anticipated to reach USD 48.3 billion by 2030, registering a CAGR of 24.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of various technologies, such as AI-based applications, the Internet of Things (IoT), cloud computing, and initiatives for ultra-low latency are expected to create growth opportunities for data pipeline tools and services globally. According to the IBM Global Adoption AI Index 2022 report, 35.0% of the firms reported that they have been using AI in their business operations.

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The COVID-19 outbreak had a positive impact on the data pipeline tools market. One of the factors that can be attributed to the growth in the usage of data pipeline tools can be the implementation of the Internet of Things (IoT). It involves collecting large volumes of unstructured data through sensors which are transformed and transferred with the help of data pipelines to databases for analysis and presentation on the dashboard.

There are various use cases of the Internet of Things (IoT) in the healthcare industry; for instance, South African Gauteng health services, introduced an electronic Bed Management System (eBMS) to track bed availability across various facilities. The IoT sensors installed in the beds provided medical employees the opportunity to instantly determine the availability of the beds using cloud-based technologies. Moreover, the electronic Bed Management System (eBMS) also helped in a significant reduction of wait time resulting in quick access to emergency rooms and other medical facilities.

Data Pipeline Tools Market Report Highlights

In terms of component, tools dominated the market with a share of 78.3% in 2021. The growth of this segment is attributed to the increase in initiatives taken by key industry players. For instance, in March 2022, K2View announced the launch of its Data Product Platform to build, deliver, and manage data products at a vast scale in real-time

In terms of type, the ETL data pipeline segment dominated the market with a share of 39.5% in 2021. The increasing demand from businesses to enhance their productivity is fueling the growth of this segment

In terms of deployment, the cloud segment dominated the market with a share of 70.5% in 2021. In 2021, Cybersecurity Ventures estimated that by 2025 more than 100 zettabytes of data would be stored in the cloud

In terms of enterprise size, small and medium enterprises are expected to register the highest CAGR of over 25.4% owing to the increasing adoption of cloud computing services

In terms of application, the real-time analytics segment dominated the market with a share of 22.4% in 2021

In terms of end users, the healthcare sector witnessed the highest CAGR of 27.5% during the forecast period of 2030

The market was dominated by the North America region with a share of 34.5% in 2021; the rise in IoT investments is one of the key reasons driving the market in the region

Data Pipeline Tools Market Segmentation

Grand View Research has segmented the global data pipeline tools market by component, type, deployment, enterprise size, application, end-user, and region:

Data Pipeline Tools Component Outlook (Revenue, USD Million, 2017 - 2030)

Tools

Services

Data Pipeline Tools Type Outlook (Revenue, USD Million, 2017 - 2030)

ETL Data Pipeline

ELT Data Pipeline

Real-time Data Pipeline

Batch Data Pipeline

Data Pipeline Tools Deployment Outlook (Revenue, USD Million, 2017 - 2030)

On-premise

Cloud-based

Data Pipeline Tools Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

Large Enterprise

Small And Medium Enterprise

Data Pipeline Tools Application Outlook (Revenue, USD Million, 2017 - 2030)

Real-Time Analytics

Predictive Maintenance

Sales And Marketing Data

Customer Relationship Management

Data Traffic Management

Data Migration

Others

Data Pipeline Tools End-user Outlook (Revenue, USD Million, 2017 - 2030)

BFSI

Retail & E-commerce

IT & Telecom

Healthcare

Transportation And Logistics

Manufacturing

Others

Regional Insights

North America dominated the market with a share of 34.5%in 2021. One of the reasons for North America being a leading market is its large investments in AI and other advanced technologies. Moreover, this would increase the usage of data pipeline tools as the transformed data from pipelines are used for performing AI algorithms. For instance, according to the Artificial Intelligence Index Report published in 2022, the amount of newly funded AI companies in the U.S. is two times higher than in China.

Furthermore, the market in the Asia Pacific region is expected to register the highest CAGR of 25.7% during the forecast period. The Asia Pacific is expected to witness the highest growth in the upcoming years owing to the various initiatives taken by a range of industries to reduce latency in this region. For instance, in November 2022, Nokia in collaboration with Australia-based telecommunication company, Optus, announced to launch ultra-low-latency and high-speed network between Melbourne and Sydney.

List of Prominent Players in the Data Pipeline Tools Market

GoogleLLC

IBM

Microsoft Corporation

Software AG

Actian Corporation

Oracle

Amazon Web Services, Inc.

Hevo Data Inc.

K2VIEW

SnapLogic Inc.

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/data-pipeline-tools-market-report

#Data Pipeline Tools Market #Data Pipeline Tools Market Size #Data Pipeline Tools Market Share #Data Pipeline Tools Market Sales

Next-generation Firewall Market Size, Share & Revenue Forecast, 2030

The global next-generation firewall market size is anticipated to reach USD 10.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.1% from 2022 to 2030. Growing internal and external threats across devices and rapid adoption of internet of things (IoT) is expected to drive the demand for next-generation firewall solution and services among industries.

The COVID-19 pandemic had a positive impact on the next-generation firewall market. Numerous organizations adopted online platforms to operate their businesses as a response to work from the home situation due to the pandemic. Several industry players such as Cisco Systems Inc., Barracuda Networks, Inc., Juniper Networks, Inc., Huawei Technologies Co., Ltd., Fortinet, Inc., and Palo Alto Networks witnessed a growth in sales of next-generation firewall technology during the pandemic. Several market players offer solutions with numerous capabilities such as blockage to unwanted traffic on private network, intrusion detection & prevention, threat intelligence, and ability to configure advanced filtering rules based on the content of traffics or the URLs. Thus, such advanced offerings are fueling the market demand.

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Next-generation FirewallMarket Report Highlights

Based on component, the solution segment accounted for the highest revenue share of 66.4% in 2021 and is expected to retain its position over the forecast period. Surged use of next-generation firewall-based solution owing to its benefits such as advanced threat prevention, block unwanted traffic, and enhanced performance of output is attributed to the market growth.

Based on product type, the hardware segment dominated the market with a share of 46.9% in 2021 and is also expected to exhibit a CAGR of 9.8% in the forecast period. This can be attributed to the rising adoption of hardware based next-generation firewall solutions worldwide that focus on preventing network security as well as data security. The cloud segment is expected to exhibit the fastest CAGR of 13.2% over the forecast period. This can be attributed to the increasing demand from enterprises to deliver cloud-based next-generation firewall solution/services that prevent cyber threats.

In Feburary 2022, Juniper Networks, a provider of secure and AI-driven networks announced the acquisition of WiteSand, a cloud-native zero trust Network Access Control (NAC) solutions provider. This acquisition would help to Juniper Networks to combine technology and experts teams to accelerate delivery of its next-generation NAC solution.

In terms of enterprise size, the large size enterprises segment held the largest market share of 70.2% in 2021. The segment growth is mainly driven by the increasing adoption and awareness of the technology as large enterprises are leveraging cloud platform to boost productivity, increase agility & flexibility, and reduce costs by automating routine tasks. The small and medium sized enterprises (SMEs) segment is likely to register highest CAGR of 12.3% in the forecast period.

In terms of end-use, the BFSI segment accounted for the maximum revenue share of 21.7% in 2021 and is likely to grow at the fastest CAGR of 12.9% over the forecast period. This can be attributed to the increasing adoption of next-generation firewall solutions among banks and other financial firms to provide better network security, safeguard crucial data, and prevent cyber fraud activities.

North America held the largest share of 34.5% in 2021 and is expected to attain a CAGR of 10.7% over the forecast period. This can be attributed to the presence of a large number of next-generation firewall market players in the region. The large presence of technology experts and developed technology organizations are also aiding the market growth. Asia Pacific is anticipated to grow at the highest CAGR of over 12.4% over the forecast period.

Next-generation Firewall Market Segmentation

Grand View Research has segmented the next-generation firewall market based on component, product type, enterprise size, industry vertical, and region:

Next-generation Firewall Component Outlook (Revenue, USD Million, 2017 - 2030)

Solution

Services

Next-generation Firewall Product Type Outlook (Revenue, USD Million, 2017 - 2030)

Hardware

Virtual

Cloud

Next-generation Firewall Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

Large Size Enterprises

Small and Medium Sized Enterprises

Next-generation Firewall Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

BFSI

Retail

IT & Telecommunication

Healthcare

Energy & Utilities

Manufacturing

Government

Others

Regional Insights

North America dominated the market with a share of 34.5% in 2021 and is projected to expand at a CAGR of 10.7% over the forecast period owing to the factors such as rising cyber-attack cases and increasing banking frauds. Moreover, the presence of prominent market players such as Palo Alto Networks., Cisco Systems Inc., Barracuda Networks, Inc., Juniper Networks, Inc., Huawei Technologies Co., Ltd., Fortinet, Inc., and others, is likely to drive the growth for next-generation firewall market in the region.

Asia Pacific is anticipated to exhibit the fastest CAGR of 12.4% during the forecast period. Increasing government initiatives in adopting IoT devices, cloud platforms and the increasing regulations regarding cybersecurity are driving the growth of next-generation firewall in the region. For instance government of India launched Cyber Surakshit Bharat initiative in 2018 with the mission to spread awareness regarding cyber-attacks in the country. It was setup with the purpose of evaluating malware or cyber threats, providing information, and facilitating malware removal.

List of Key Players in the Next-generation Firewall Market

Cisco Systems Inc.

Barracuda Networks, Inc.

Check Point Solution Technologies Ltd.

Juniper Networks, Inc.

Huawei Technologies Co., Ltd.

Palo Alto Networks.

Fortinet, Inc.

Forcepoint LLC

Sophos Ltd.

Zscaler, Inc.

WatchGuard Technologies, Inc.

SonicWall

Authoritative Report: https://www.grandviewresearch.com/industry-analysis/next-generation-firewall-market-report

#Next-generation Firewall Market #Next-generation Firewall Market Size #Next-generation Firewall Market Share #Next-generation Firewall Market Growth

Dental Equipment Market Size, Share & Revenue Forecast 2030

Dental Equipment Market Growth & Trends

The global dental equipment market size is expected to reach USD 17.06 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 6.2% over the forecast period. These tools help with an oral health diagnosis, care, and maintenance and allow practitioners to plan a precise course of action. The introduction of supportive government efforts for oral health, an increase in medical tourism for dental operations, and the incidence of dental problems all contribute to the industry's growth. In addition, manufacturers like Planmeca are always introducing fresh computer-aided technology to the market.

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For instance, the industry demand is being driven by the company's March 2019 launch of the Planmeca Creo C5, an innovative 3D printer created to deliver chairside CAD/CAM dentistry and restorative dental treatments in a single visit.According to the estimates published by the United Nations in 2019, there were 703 million people aged over 65 years globally, and the number of older individuals is projected to double to 1.5 billion by 2050. The rising prevalence of various oral conditions in the geriatric population is likely to increase the demand for preventive, restorative, and surgical services in the future. According to the American Dental Association, 85% of individuals in the United States, value dental health and consider it an essential aspect of overall care.

The realization of the importance and maintenance of oral health combined with better access to advanced dental services will help in the growth of the industry. However, the “emergency-only” mode of dental care delivery due to the COVID-19 pandemic had a rippling effect and the industry witnessed an imminent increase in availing cost of dental care. According to the Journal of Contemporary Dental Practice, dental services were among the last to relaunch in post-pandemic relaxations since dental procedures are at high risk of transmission. This resulted in serious financial problems and revenue loss for the overall dental market.

Dental Equipment Market Report Highlights

Dental systems and parts emerged as the largest product segment in 2022 as these equipment are used for digital imaging and diagnosis of dental ailments

The dental lasers segment is expected to witness the highest CAGR during the forecast period. This is owing to its increasing application in surgical and teeth-whitening procedures.

North America dominated the global industry in 2022 owing to the high demand for new technologies & the prevalence of dental disorders and the presence of a large pool of key players & advanced healthcare infrastructure

Asia Pacific, on the other hand, is expected to register the highest CAGR over the forecast period

Dental Equipment Market Segmentation

Grand View Research has segmented the global dental equipment market on the basis of product type and region:

Dental Equipment Product Type (Revenue, USD Million, 2018 - 2030)

Dental Radiology Equipment

Intra-Oral

Digital X-ray Units

Digital Sensors

Extra-Oral

Digital Units

Analog Units

Dental Lasers

Diode Lasers

Quantum well lasers

Distributed feedback lasers

Vertical cavity surface emitting lasers

Heterostructure lasers

Quantum cascade lasers

Separate confinement heterostructure lasers

Vertical external cavity surface emitting lasers

Carbon Dioxide Lasers

Yttrium Aluminium Garnet Lasers

Systems & Parts

Instrument Delivery systems

Vacuums & Compressors

Cone Beam CT Systems

Cast Machine

Furnace and Ovens

Electrosurgical Equipment

Other System and Parts

CAD/CAM

Laboratory Machines

Ceramic Furnaces

Hydraulic Press

Electronic Waxer

Suction Unit

Micro Motor

Hygiene Maintenance Devices

Sterilizers

Air Purification & Filters

Hypodermic Needle Incinerator

Other Equipment

Chairs

Hand Piece

Light Cure

Scaling Unit

Regional Insights

North America dominated the global industry in 2022 with a market share of more than 38.35% and is expected to showcase a significant CAGR over the forecast period. This is attributed to the rising geriatric population, strong medical infrastructure, well-established reimbursement policies, the existence of key players, and advancement in preventive and restorative dental treatments. Moreover, according to the American Dental Association, 85% of individuals in the United States truly value dental health and consider oral health an essential aspect of overall care. The combination of all these factors will make North America the most promising regional market over the forecast period.

The APAC region is expected to witness the highest CAGR over the forecast period. China, Japan, and India are emerging economies with well-developed healthcare infrastructure & facilities and are now more focused on leading on the basis of R&D activities. They have suitable infrastructure and fundings for the same. A total of 43.6% of the spending is expected to emanate from Asia with countries like China, Japan, and India being the topmost to spend on R&D activities.

Attributes like favorable government policies, the rising geriatric population, the presence of key players, and the rise in the demand for dental procedures are paving way for the market in the Asia Pacific region. Moreover, medical tourism in the region is rapidly increasing due to shorter patient waiting times, low-cost treatment, availability of a large pool of skilled dental practitioners & high-end technology, and the presence of tourist destinations & quality accommodations. These aforementioned factors will assist in the market growth in the region.

List of Key Players of Dental Equipment Market

A-Dec Inc.

Planmeca Oy

Dentsply Sirona

Patterson Companies Inc.

Straumann

GC Corp.

Carestream Health Inc.

Biolase Inc.

Danaher Corp.

3M EPSE

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/dental-equipment-market

#Dental Equipment Market #Dental Equipment Market Size #Dental Equipment Market Share #Dental Equipment Market Growth

Transdermal Drug Delivery System Market Revenue Forecast 2030

Transdermal Drug Delivery System Market Growth & Trends

The global transdermal drug delivery system market is expected to reach USD 145.0 billion by 2030, registering a CAGR of 11.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of transdermal patches, such as in the case of diabetes, which requires sustained and a daily dose of insulin is expected to provide the market with growth opportunities during the forecast period.

High demand for pain-free drug delivery is a major driving factor of the transdermal drug delivery systems market. In the case of diabetes, insulin has to be administered into the patient's body with the help of injections on a continuous basis. Continuous usage of injections to deliver insulin causes pain and increases the risk of transmission of chronic diseases, thus, making transdermal patches a better choice for delivering insulin in diabetic patients.

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COVID-19 led to a significant fall in sales of transdermal drug delivery systems. This is because most of these drugs are prescribed drugs and the pandemic led to a sharp fall in patient visits to healthcare facilities. Factors such as lockdowns and travel restrictions led down by the government, to curb the spread of the virus, resulted in reduced patient visits. In addition, many individuals in order to avoid physical contact also avoided visiting healthcare facilities, as a precautionary measure.

However, with the world moving towards normalcy and various pharma companies focusing on developing new novel products, the market represents great opportunities for growth. Moreover, increasing investments by the government in R&D and healthcare are further accelerating the demand for transdermal drug delivery systems in the market.

Transdermal Drug Delivery System Market Report Highlights

The iontophoresis segment dominated the market in 2022 owing to its efficacy in delivering drugs. The mechanical arrays segment is expected to maximum growth due to the increasing number of product launches

The pain management segment accounted for the highest market share in 2022 due to increasing demand for transdermal patches used for pain management

The cardiovascular segment is anticipated to experience maximum growth during the forecast period due to the increasing utilization of these systems in the treatment of cardiovascular diseases

North America accounted for the highest market share in 2022 owing to a rise in investments by existing as well as new market players

Increasing healthcare expenditure and huge investments in research and development represent lucrative growth opportunities in the Asia Pacific region

Transdermal Drug Delivery System Market Segmentation

Grand View Research has segmented the global transdermal drug delivery system market based on technology, application, and region:

Transdermal Drug Delivery System Technology Outlook (Revenue in USD Million, 2018 - 2030)

Electroporation

Radio Frequency

Iontophoresis

Microporation

Thermal

Mechanical arrays

Ultrasound

Others

Transdermal Drug Delivery System Application Outlook (Revenue in USD Million, 2018 - 2030)

CNS

Pain Management

Cardiovascular

Hormone

Immunological

Metabolic

Gastrointestinal

Infection

Cancer

Others

Urological

Blood disorders

Respiratory

Musculoskeletal

Regional Insights

North America held a sizeable share of more than 58.2% in 2022. The growth in this region is majorly driven by patent expirations, resulting in more companies entering the market. In addition, repositioning of previously failed drugs, reformulation of existing drug compounds, and huge investments undertaken by the prominent as well as new market entrants are also presumed to be the key factors responsible for the substantial share captured by this region.

Factors such as favorable reimbursement scenarios and rising awareness by government organizations in Europe are contributing to the growth of the transdermal drug delivery system market in the region. Well-developed healthcare structure that covers the healthcare costs of the citizens, promotes more people opting for treatment in the region. This is expected to further boost the market growth during the forecast period.

The Asia Pacific market is anticipated to exhibit the fastest CAGR of above 13.4% during the forecast period, attributable to the growing healthcare spending and the rapidly evolving healthcare infrastructure. In addition, the growth is due to the high research and development intensity as well as the growing awareness in emerging economies, such as China and India.

List of Key Players in Transdermal Drug Delivery System Market

Novartis AG

Johnson & Johnson

Mylan Pharmaceuticals, Inc.

Boehringer Ingelheim GmbH

Biogel Technology, Inc.

Transdermal Technologies, Inc.

Skyepharma, Watson Pharmaceuticals, Inc.

3M Company

Noven Pharmaceuticals, Inc.

4P Therapeutics, LLC

Transdermal Corporation

Echo Therapeutics, Inc.

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/transdermal-drug-delivery-systems-industry

#Transdermal Drug Delivery System Market Size #Transdermal Drug Delivery System Market Share #Transdermal Drug Delivery System Market Growth #Transdermal Drug Delivery System Market Research

Liquid Biopsy Market Size, Share & Trends Analysis Report, 2030

Liquid Biopsy Market Growth & Trends

The global liquid biopsy market size is expected to reach USD 22.86 billion by 2030, expanding at a CAGR of 12.46% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing prevalence of cancer and the growing geriatric population are major drivers expected to fuel market growth. Furthermore, the use of technologically advanced devices for early detection of diseases is one of the key factors driving the market. In addition, the increasing preference for noninvasive treatment procedures will offer lucrative opportunities in the forecast period.

In recent years, cases of cancer have been rising tremendously and the trend is projected to remain the same in the foreseeable future. A significant shift in lifestyle has exposed the global population to this disorder and has resulted in oncogenic factors. For instance, as per the American Cancer Society, in 2022, the number of new cancer cases is expected to reach 1.9 million, leading to 609,360 deaths. Companies are focusing on expanding their business operations in the clinical liquid biopsy space.

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For instance, in December 2021, Helio Health and Fulgent Genetics announced the launch of the former’s HelioLiver, a new liquid biopsy test for early liver cancer detection. This liquid biopsy test combines serum protein markers and cell-free DNA methylation patterns. Additionally, new research studies are aiding the development of novel liquid biopsy techniques. For instance, in July 2022, the University of Central Florida announced the development of a novel liquid biopsy technique that facilitates early detection using biomarker identification for lung and breast cancer, making the monitoring of conditions easier.

The enhanced interest of players in liquid biopsy and the increasing rate of approval of new products are further accelerating market growth. Moreover, in the past several years, studies have shown a positive outcome of liquid biopsy platforms. Governments and various regulatory bodies have also shown interest in the area by promoting multiple breakthrough devices for the rapid development of this technology. With the high adoption of the technology by various companies, along with the support of government funding and initiatives, the market is expected to grow in the coming years.

Liquid Biopsy Market Report Highlights

The ctDNA segment is projected to hold the largest share in the market owing to its wide use as a biomarker in the detection of cancer using liquid biopsy

The multi-gene-parallel analysis (NGS) technology segment is expected to grow lucratively due to increasing research and development, increasing cancer cases, advancements in technology, and strategic activities by leading companies

North America dominated the global market in 2022, owing to the increasing demand for new technologies, a large pool of key players, the presence of several clinical laboratories, and advanced healthcare infrastructure in the region

Asia Pacific is expected to grow considerably in the future, owing to the rising prevalence of target conditions in the region and the presence of key players

Liquid Biopsy Market Segmentation

Grand View Research has segmented the global liquid biopsy market based on sample type, biomarker, technology, application, end-use, clinical application, product, and region:

Liquid Biopsy Sample Type Outlook (Revenue, USD Billion, 2018 - 2030)

Blood Sample

Others

Liquid Biopsy Biomarker Outlook (Revenue, USD Billion, 2018 - 2030)

Circulating Tumor Cells (CTCs)

Circulating Tumor DNA (ctDNA)

Extracellular Vesicles (EVs)

Others

Liquid Biopsy Technology Outlook (Revenue, USD Billion, 2018 - 2030)

Multi-gene-parallel Analysis (NGS)

Single Gene Analysis (PCR Microarrays)

Liquid Biopsy Application Outlook (Revenue, USD Billion, 2018 - 2030)

Cancer

Lung Cancer

Prostate Cancer

Breast Cancer

Colorectal Cancer

Leukemia

Gastrointestinal Cancer

Others

Reproductive Health

Others

Liquid Biopsy End-use Outlook (Revenue, USD Billion, 2018 - 2030)

Hospitals and Laboratories

Specialty Clinics

Academic and Research Centers

Others

Liquid BiopsyClinical Application Outlook (Revenue, USD Billion, 2018 - 2030)

Therapy Selection

Treatment Monitoring

Early Cancer Screening

Recurrence Monitoring

Others

Liquid Biopsy Product Outlook (Revenue, USD Billion, 2018 - 2030)

Instruments

Consumables Kits and Reagents

Software and Services

Regional Insights

The North America market for liquid biopsy led with a revenue share of 50.93% in 2022, owing to high cancer prevalence, rapid technological advancements, and growing government initiatives. Moreover, rapid advancements in technology and intense competition between biotechnology companies aided by recent FDA approvals for liquid biopsy tests are among the factors expected to boost regional market growth over the forecast period. For instance, in November 2020, the FDA approved the liquid biopsy NGS-based FoundationOne Liquid CDx test for multiple cancers and biomarkers.

On the other hand, Asia Pacific is projected to exhibit the fastest CAGR over the forecast period. Some of the factors contributing to the market growth are improving healthcare infrastructure, a growing population, and a rising number of companies entering the market. Asia Pacific has a large population, along with a high prevalence of cancer. According to Global Cancer Statistics 2020, an estimated one-half of all cases and around 58.3% of deaths occurred in Asia in 2020.

Thus, usage of screening tests for cancer has increased in the past few years, owing to growing government initiatives such as free screening for cervical, breast, & lung cancer, and increased collaborations between governments, research institutes, & companies for the distribution and supply of these tests.

List of Key Players of Liquid Biopsy Market

ANGLE plc

Oncimmune

Guardant Health, Inc.

Myriad Genetics, Inc.

Biocept, Inc.

Lucence Health Inc.

Freenome Holdings, Inc.

Hoffmann-La Roche Ltd.

QIAGEN

Illumina, Inc.

Thermo Fisher Scientific, Inc.

Epigenomics AG

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/liquid-biopsy-market

#Liquid Biopsy Market #Liquid Biopsy Market Size #Liquid Biopsy Market Share #Liquid Biopsy Market Analysis #Liquid Biopsy Market Research

Disposable Cups Market Size, Share & Trends Analysis Report, 2030

Disposable Cups Market Growth & Trends

The global disposable cups market size is expected to reach USD 20.76 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.2% from 2021 to 2028. The hectic lifestyle and long working hours are known to contribute to the demand for disposable utensils to save the time of the consumers. Availability of new and improved products for takeaway services is also anticipated to positively influence the market growth. The easy availability of customized cups with attractive colors, prints, and messages is driving the product demand in household parties and other corporate events.

The disposable cups come in various designs and shapes and can be a valuable addition to business. In addition, they offer the opportunity for branding, helping to spread the awareness of the business. The availability of an extensive product range in all price segments in supermarkets, hypermarkets, departmental stores, and other offline sales outlets is foreseen to make them more accessible to the common public. Furthermore, the easiest way to purchase disposable cups is online.

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Sales of disposable cups through online channels are foreseen to witness traction on account of the availability of products, such as a printed or plain white cup, from several players, along with convenient delivery options. Additionally, most of the websites have information about size, price, and the substances that are used to manufacture the cup. This way consumers can make an informed decision and also be sure that the product is made of natural substances and hence recyclable.

Amid the Covid-19 pandemic, several brick-and-mortar stores have taken a major hit owing to the need for social distancing in most infected countries, however, e-commerce has emerged as the go-to distribution channel for supplies since the outbreak.

Consumers’ love for hot beverages, such as coffee, and other takeaway foods support an enormous consumption of disposable cups across the globe. However, disposable cups made of plastic or other materials are quite harmful to our planet and also imply serious problems. Sometimes, regular paper cups come with a plastic lid, which needs to be disposed of separately, and they harbor a plastic lining, which impairs their recycling. Thus, manufacturers operating in the market are focusing on introducing a plastic-free, disposable takeaway cup that breaks down completely in soil and has a unique folding top to prevent spills.

For instance, in December 2020, ButterflyCup launched a plastic-free lidless disposable cup in Britain that is entirely composed of paper, with plant-derived inks, and a water-based dispersion coating that keeps it from leaking. The cup can be composted or recycled with other paper and cardboard waste, thus making it totally sustainable. As per the company, the novel cup will premiere at Wildfowl & Wetlands Trust (WWT) centers across the U.K. However, it is already being used in 20 countries across the globe.

By product, paper disposable cups are foreseen to witness the fastest growth over the forecast period. The growing consumer concerns over the deteriorating environment and rising intolerance toward the use of plastic products, such as cups, are fueling the demand for paper cups. In addition, strict government reforms regarding the usage of single-use plastic disposables are driving consumers to opt for paper cups instead.

The European region is a significant shareholder in the market and is foreseen to witness noteworthy growth over the forecast period. The growing number of restaurants and coffee shops in countries, such as France, Germany, the U.K., and Italy, is expected to drive the demand for disposable cups in the coming years. The trend of “Food Away From Home” is rising owing to more people opting for convenient meal solutions while working away from home. Most quick-service vendors use convenient packaging formats, such as disposable plates, cups, and bowls, which are expected to drive the market over the forecast period.

Disposable Cups Market Report Highlights

By product, paper disposable cups are projected to expand at the fastest CAGR over the forecast period owing to their ideal nature to serve hot and cold beverages to on-the-go consumers

The commercial end-use segment dominated the market with a share of over 76.0% in 2020. This is attributed to the growing penetration of various quick-service restaurants and coffee chains

Asia Pacific held the largest share of over 32.0% in 2020 and is foreseen to remain at the forefront over the forecast period owing to the opening of various international food chain restaurants and outlets and growing urban population

Disposable Cups Market Segmentation

Grand View Research has segmented the global disposable cups market on the basis of product, end-use, and region:

Disposable Cups Product Outlook (Revenue, USD Million, 2016 - 2028)

Paper

Plastic

Foam

Disposable Cups End-use Outlook (Revenue, USD Million, 2016 - 2028)

Commercial

Institutional

Household

Regional Insights

Asia Pacific dominated the market by accounting for over 32.0% share in 2020 and is expected to expand at the fastest growth rate over the forecast period. This is attributed to the increasing urban population, changing food eating habits, growing disposable income, and opening of various international food chain restaurants and outlets. The western fast-food chain has been exhibiting a promising growth rate in emerging countries, such as India, and is likely to maintain its growth in the coming years. As per the article published by Financial Express in February 2020, India’s food-service industry is expected to expand at a CAGR of 9%. These factors are expected to create a significant demand for disposable cups in the coming years.

The North American region is projected to expand at a CAGR of 6.5% over the forecast period. The growing number of cafes and food chains in the country is attracting billions of customers to consume coffee and other beverages on the go. As per the blog published by SinglePlatform, the average coffee drinker has around 3 cups per day. In the U.S. alone, there are 150 million daily drinkers of coffee. The opening of several restaurants and coffee shops after an ease in lockdown restriction and their expansion in the coming years are likely to generate significant demand for disposable cups.

List of Key Players of Disposable Cups Market

Huhtamäki Oyj

Dart Container Corporation

Berry Global Group Inc.

Pactiv LLC

DUNI AB

WestRock Company

Genpak, LLC

Go-Pak UK Ltd.

ConverPack Inc.

Benders Paper Cups

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/disposable-cups-market

#Disposable Cups Market #Disposable Cups Market Size #Disposable Cups Market Share #Disposable Cups Market Trends

Shapewear Market Booming Worldwide | Nike, Inc., Adidas AG, Spanx Inc.

Shapewear Market Growth & Trends

The global shapewear market size is anticipated to reach USD 3.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.0% from 2021 to 2028. The growth of this market is fueled by factors such as changing lifestyles, increased use of compression wear among the geriatric population, and developments in garment designs and fabric technology. Furthermore, the rise in online sales of compression wear and shapewear, as well as the rising demand for plus-size clothes, has fueled the growth of the market.

The market is also influenced by a variety of cultural factors. When it comes to the body, the concept of perfection is being replaced with the concept of self-love and comfort in one's own shape and size. The market has been influenced by this body-positivity philosophy.

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Shapewear is not about hiding defects for millennials and Gen-Z shoppers; rather, it is seen as apparel that improves rather than alters one's appearance. As a result, Gen Z-focused manufacturers like Honeylove have gained a wider audience by avoiding the term "shapewear" and instead of offering "sculptwear" in a variety of sensual styles with flattering elements that women want to flaunt in public.

Most of these companies also have enormous communities - Shapermint, for example, has four million members – who are encouraged to share their photos using shapewear across various social media platforms. Skims' inclusive strategy, which includes varied ad campaigns and a wide assortment of items in all shapes and colors, has also made it popular with millennials. They have one of the broadest size ranges (XXS to 4X) and a wide selection of skin tones to accommodate people of all ethnicities.

Women nowadays expect work-life flexibility intimates that may keep their bodies in tip-top form and make them appear attractive. Many firms are examining this as a customer-centric strategy and expanding their product portfolios to include lighter, firmer, and more practical products for everyday use throughout the year.

Shapewear Market Report Highlights

The female segment accounted for the largest revenue share of 94.0% in 2020 and is expected to expand at a CAGR of 7.9% over the forecast period

The specialty stores distribution channel accounted for the largest revenue share of 58.4% in 2020 and is estimated to ascend with a CAGR of 8.1% over the forecast period

North America accounted for the largest revenue share of 38.8% in 2020

Shapewear Market Segmentation

Grand View Research has segmented the global shapewear market on the basis of end-user, distribution channel, and region:

Shapewear End-user Outlook (Revenue, USD Million, 2016 - 2028)

Male

Female

Shapewear Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

Hypermarkets & Supermarkets

Specialty Stores

Online

Others

Regional Insights

North America dominated the shapewear market and accounted for the largest revenue share of 38.8% in 2020. This is due to the widespread popularity of athletics and sports, as well as the presence of a large number of sophisticated consumers. The most popular compression wear items include bottoms, shirts, sleeves, and socks, while waist cinchers, bodysuits, and briefs are popular shapewear items in the United States. This market is also projected to be driven by the region's developing apparel and textile market. According to the National Council of Textile Organization's 2019 study, the textile and apparel market in the United States was worth about USD 70.0 billion in 2018, based on industry shipments.

In Asia Pacific, the market is expected to expand at a CAGR of 8.5% over the forecast period. In Asia Pacific, startups, new entrants, and domestic firms have been breaking into the shapewear industry by developing new products for men and women. Developing countries, like India and China, have been updating their fabric technology and investing more in R&D to produce more innovative products.

List of Key Players of Shapewear Market

Nike, Inc.

Adidas AG

Spanx Inc.

Triumph International Corporation

Leonisa

Wacoal America, Inc.

Ann Chery

2XU Pty. Ltd.

Under Armour Inc.

Skins International Trading AG

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/shapewear-market

#Shapewear Market #Shapewear Market Size #Shapewear Market Share #Shapewear Market Trends #Shapewear Market Research

Energy Drinks Market Booming Worldwide | Red Bull, Taisho Pharmaceutical Co. Ltd., PepsiCo. Inc., Monster Energy

The global energy drinks market size is expected to reach USD 177.58 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.3% from 2022 to 2030. Consumption of energy drinks has been increasing drastically in recent years, particularly among adolescents and young adults, as they remain one of the most popular functional beverages in the market that offer consumers more physical and mental energy, through ingredients such as caffeine, taurine, guarana, ginseng, and B vitamins.

Manufacturers recently shifted their target consumer focus from athletes to young people, which has been driving the product consumption. According to the National Library of Medicine, in the U.S., energy drinks are the second most common dietary supplement used by young people; about 30% consume energy drinks on a regular basis. Such trends are expected to drive the market demand.

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The drinks product segment accounted for the largest revenue share in 2021, as these drinks are designed to give an “energy boost” to the drinker by a combination of stimulants and energy boosters. Most of the brands on the market contain large amounts of glucose while some brands offer artificially sweetened versions. Other commonly used constituents in the product are taurine, methylxanthines, vitamin B, ginseng, guarana, yerba mate, acai, maltodextrin, inositol, and carnitine, creatine, glucuronolactone, and ginkgo Biloba.

The off-trade distribution channel segment is expected to witness lucrative growth during the forecast period, as off-trade channels form the primary segment for shopping for all kinds of beverages, thereby driving the sales through these channels. The wide availability of several versions of energy drinks such as conventional, organic, vegan, and premium at these stores encourages consumers to purchase them through this channel.

The market is highly competitive and dominated by large multinational manufacturing companies. The players face intense competition, especially from the top players in the market as they have a large consumer base, strong brand recognition, and vast distribution networks.

Energy Drinks Market Report Highlights

North America held the largest revenue share in 2021 owing to the growing interest in the consumption of energy drinks in the U.S. Consumers are willing to pay more for functional and result-oriented premium quality energy drinks

The organic type segment is expected to register a higher growth rate during the forecast period, as health-conscious consumers who focus on reducing their exposure to artificial chemicals and artificial sweeteners usually prefer organic energy drinks over the conventional ones

The cans packaging segment held the largest revenue share in 2021 as they are lightweight and compact, which makes them a popular choice

Energy Drinks Market Segmentation

Grand View Research has segmented the global energy drinks market on the basis of product, type, packaging, distribution channel, and region:

Energy Drinks Product Outlook (Revenue, USD Million, 2017 - 2030)

Drinks

Shots

Mixers

Energy Drinks Type Outlook (Revenue, USD Million, 2017 - 2030)

Conventional

Organic

Energy Drinks Packaging Outlook (Revenue, USD Million, 2017 - 2030)

Cans

Bottles

Others

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

On-trade

Off-trade

Regional Insights

North America held the largest revenue share of over 30.0% in 2021. The growing consumption of the product in the region is also attributed to the increase in disposable income, the emergence of several domestic brands, and the rise in marketing and promotional activities for product growth. North Americans consume more energy drinks than any other geographic market in the world owing to the changing demographics and consumers’ tastes and drinking habits. The globalization of markets and the migration phenomenon contributed to the modification of drinking patterns of consumers who were gradually introduced into their drinking habits. This, in turn, has opened new opportunities for market players to incorporate a variety of drinks into their portfolios.

The Asia Pacific is likely to emerge as the fastest-growing regional market from 2022 to 2030. The market is expected to witness considerable growth in the economies of China, India, and Japan as a result of consumers' willingness to experiment with new flavors and the high demand from immigrants residing in the country, displaying an interest in varied beverages. Product launches in the region in order to target and appeal to numerous consumers have been driving the product demand in the region.

List of Key Players in the Energy Drinks Market

Red Bull

Taisho Pharmaceutical Co. Ltd.

Inc.

Monster Energy

Lucozade

The Coco-Cola Company

Amway

AriZona Beverages USA

Living Essentials LLC

Xyience Energy

Free Authoritative Research: https://www.grandviewresearch.com/industry-analysis/energy-drinks-market

#Energy Drinks Market #Energy Drinks Market Size #Energy Drinks Market Share #Energy Drinks Market Trends #Energy Drinks Market Research

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