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Showing posts from May, 2023

EUROPE E-COMMERCE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 From 2022 to 2027, the European e-commerce industry is anticipated to grow at a CAGR of 13.84 percent. The European market will continue to see higher levels of e-commerce penetration. Online sales grew by 43% yearly in the UK market. There has been a considerable shift towards online outlets since the UK shutdown started, and sales in the nation have been maintained. Additionally, it has sped up digitalization of German retail at every level. Due of its convenience, shipping, and affordable costs, Amazon saw an increase in the number of European customers during the lockdown. The six main Amazon sites in Europe have close to 300 million unique visitors each month.  Cdiscount started sending goods to countries including Belgium, Germany, Italy, and Spain, which marked the beginning of its global expansion. A 15% increase in net sales from the previous year is the reason behind Cdiscount's expanding global presence. Customers of Cdiscount placed 5.8 million orders totaling 11 ...

DAIRY MARKET - GROWTH, TRENDS, AND FORECASTS (2023 - 2028)

 Over the anticipated period, the dairy industry is anticipated to grow at a CAGR of 5.35 percent.  The outlook for the dairy industry over the long run is still favourable. The main factor driving dairy product sales globally is the demand from consumers for quick and wholesome on-the-go snacks. Dairy products are thought of as a healthy snack option because they naturally contain a lot of calcium. The health advantages of probiotic beverages, particularly their capacity to strengthen the immune system and digestion, have been drawing customers from all over the world. Consumers are increasingly drawn to low-fat, lactose-free, and calcium-rich dairy snack options thanks to health and wellness trends. Functional dairy products are nutritious dairy items that contain probiotics, vitamins, and minerals, as well as substances that improve energy. Milk containing omega-3 fatty acids, cheese, and yoghurt containing probiotics are examples of dairy products that hold a considerable ...

AFRICA TWO-WHEELER MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 The market for two-wheelers in Africa is predicted to grow from its current estimated value of USD 3.65 billion in 2021 to USD 5.07 billion by 2027, registering a CAGR of 6.96% over the forecast period (2022-2027). The COVID-19 caused a production standstill that hampered the two-wheeler market in Africa. The two-wheeler sector has been beset by a mix of supply and demand concerns because all of the countries in the region were on lockdown. However, as things have begun to return to normal, the demand for two-wheelers has grown.  Two-wheelers are becoming a common form of transportation in both urban and rural regions due to a lack of public transportation facilities. In most of Africa, including Nigeria, Uganda, Kenya, and other Eastern African nations, motorcycle taxis are also referred to as Boda Bodas, and they significantly boost two-wheeler sales. Sub-Saharan Africa's (SSA) population growth, urbanisation, and societal changes have increased and changed the transportati...

RESIDENTIAL REAL ESTATE MARKET IN THE UNITED STATES SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 The residential real estate industry in the US is currently valued at USD 2.48 billion and is anticipated to grow at a CAGR of more than 2.10% over the next five years. The COVID-19's impact on the market was very significant. Residential real estate in the nation is in the recovery stage despite the pandemic problem as the country's sales soon returned to pre-pandemic levels. The US real estate market has been booming ever since the COVID-19 outbreak began. Many buyers took advantage of the low interest rates to restructure their mortgages, move, or start their home ownership journey. As a result, property sales spiked in the second half of 2020 and have remained greater than they were before to the epidemic. Home prices had been rising prior to the pandemic, but in 2020, with demand at an all-time high, the Freddie Mac House Price Index showed a stunning 11.3% increase. As a result of the "race for space" among purchasers in the beginning of 2021, roughly 60% of pr...

AUSTRALIA RETAIL SECTOR SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 From 2004 to 2019, the Australian retail sector, one of the major economic drivers of the nation, saw growth. About AUD 329.6 billion was the estimated total retail turnover in 2019, which is about AUD 9 billion greater than what it was the year before. But the unexpected COVID-19 epidemic, which struck the nation in early 2020, brought about a lot of changes to the country's retail sector, which saw a decline in the overall number of sales transactions during the first and second quarters of 2020.  With over 24 million people (about 90% of the population) residing in the cities of Sydney, Melbourne, Adelaide, Brisbane, and Perth, as well as several smaller cities and towns within 100 miles of the ocean, Australia is one of the most urbanised countries in the world. The market is recording more revenue transactions in the nation because to elements like internet advertising, high brand recognition rates, and influencer trends for several product categories, including footwear...

INDIA HAIR OIL MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 In the current year, the Indian hair oil market is worth USD 1,536.6 million. Over the following five years, a CAGR of 5.80% is anticipated.  Due to the custom of frequently oiling the head, India has long been a significant market for hair oil. Due to its long-standing hair-oiling customs, India is leading the world in hair oils, and as a result, several manufacturers are providing unique products for the country's many demographics. Coconut hair oils, amla hair oils, light hair oils, and cooling hair oils are the four main types of hair oils offered in India. Of them, coconut oil is widely utilised throughout the nation, particularly in South India.  Pollution causes dryness and damage to hair. Customers are shifting significantly towards hair oils because massaging hair oils into the scalp helps reduce dryness and boost hair volume. Consumer preference for hair oils, one of the greatest hair care products, is driving the industry. Consumer demand for light hair oils i...

GERMANY AEROSPACE AND DEFENSE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Over the course of the projected period, the aerospace and defence market in Germany is anticipated to grow at a rate higher than 9%. The COVID-19 virus had a detrimental effect on Germany's aerospace and defence industries. As travel prohibitions are implemented in many nations, the aircraft manufacturing companies experienced a reduction in orders, which slowed the expansion of the market under study. Since the situation is returning to normal and the market is beginning to show indications of recovery, reducing the coronavirus pandemic is essential for restoring the demand for commercial aircraft. After the UK and France, Germany is the country that spends the most on its military, spending $56.0 billion in 2021, or 1.3 percent of its GDP. Its military spending fell by 1.4% from 2020 to 2021. The new German government, which was elected in December 2021, declared that it will devote 3% of its GDP to foreign relations, international cooperation, and defence. The government decla...

INDIA CONTINUOUS GLUCOSE MONITORING (CGM) MARKET - GROWTH, TRENDS COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Over the course of the projected year, the continuous glucose monitoring market in India is anticipated to grow at a CAGR of more than 17%, with sales of over USD 100 million in the current year.  Every sixth person with diabetes in the world lives in India, which has the second-largest adult diabetes population worldwide. After recovering from COVID-19, people run the risk of getting diabetes. With over 32 million documented infections, India has the second-highest COVID-19 caseload in the world, after the US. Whether COVID-19 causes diabetes in patients with no prior history was a topic of debate among physicians worldwide. In India, 8–10% of patients with COVID-19 who had no prior history of diabetes still had high blood sugar levels months after they had recovered and were taking medication. The population with Type-1 diabetes, which numbered more than 60 million people by the projection period, is predicted to drive the sensors segment's growth with a CAGR of over 17% ov...

UNITED KINGDOM FACILITY MANAGEMENT MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 During the forecast period, the UK facility management market is anticipated to post a CAGR above 1.73%. The United Kingdom is one of Europe's most developed and sophisticated marketplaces for facility management services in terms of maturity and sophistication. In order to get a foothold in the industry, which has undergone numerous changes as a result of the macroeconomic and social developments in the region, providers are aggressively focused on specialised services. Over the past ten years, a number of service providers active in the nation have placed a strong emphasis on expanding their reach in order to capitalise on the rising demand for facility management, particularly given the current trend of outsourcing non-core tasks. Given the national dynamics, there are more options than ever before to use corporate real estate and facilities management in creative ways. For instance, Iron Mountain, a company that offers asset lifecycle management, cutting-edge storage, and info...

UNITED ARAB EMIRATES TELECOM MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 During the projected period, the telecom market in the United Arab Emirates is anticipated to grow at a CAGR of 3.15%. The market is anticipated to develop as a result of the introduction of 6G and the growing use of 5G. For instance, the fixed broadband speed is among the highest in the world, while the median download speed on 5G networks is among the quickest. This is the result of recent infrastructure investments that gave fibre priority over 5G and modernised copper networks. The market under study is anticipated to increase as a result of the following factors: expanding the use of social media, increasing the use of smart devices, localising data, increasing consumption of mobile, fixed, and broadband services, and the nation's progress towards digital transformation. Along with a high rate of device turnover and customer demand for speed, the expanding 5G deployment suggests that ARPU will continue to rise. Introducing new items, especially in partnership with multination...

EUROPE E-COMMERCE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 From 2022 to 2027, the European e-commerce industry is anticipated to grow at a CAGR of 13.84 percent. The European market will continue to see higher levels of e-commerce penetration. Online sales grew by 43% yearly in the UK market. There has been a considerable shift towards online outlets since the UK shutdown started, and sales in the nation have been maintained. Additionally, it has sped up digitalization of German retail at every level. Due of its convenience, shipping, and affordable costs, Amazon saw an increase in the number of European customers during the lockdown. The six main Amazon sites in Europe have close to 300 million unique visitors each month. Every European market saw a rise in platform traffic in 2020, with visits to the site rising by 17% in the UK and 9% in Germany between March and August of that year. According to estimates, Amazon holds 30% of the UK and German e-commerce markets. Online shopping is taking up more of their time in Europe. Due to this, ...

DAIRY MARKET - GROWTH, TRENDS, AND FORECASTS (2023 - 2028)

 Over the anticipated period, the dairy industry is anticipated to grow at a CAGR of 5.35 percent. The outlook for the dairy industry over the long run is still favourable. The main factor driving dairy product sales globally is the demand from consumers for quick and wholesome on-the-go snacks. Dairy products are thought of as a healthy snack option because they naturally contain a lot of calcium. The health advantages of probiotic beverages, particularly their capacity to strengthen the immune system and digestion, have been drawing customers from all over the world. Consumers are increasingly drawn to low-fat, lactose-free, and calcium-rich dairy snack options thanks to health and wellness trends. The usage of dairy products outside of the home resumed after the epidemic. However, dairy product usage at home has grown recently. Dairy Global estimates that Lactalis, a significant competitor in this industry, saw sales increase by 5.9% in FY 2021. Additionally, consumers now have ...

HOSPITALITY INDUSTRY IN MALAYSIA - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 According to estimates, Malaysia's hospitality sector is worth USD 4 billion this year and is expected to grow at a CAGR of more than 6.5% over the next five years. The hospitality sector in Malaysia is growing quickly along with the nation's tourism sector. The COVID-19 pandemic clearly had a devastating impact on the tourism sector, affecting hotels as well as travel and tour providers. The industry has lost about RM6.5 billion in income for 2020, with an additional RM9 billion likely lost to date in 2021, according to the Malaysian Association of Hotels (MAH), which estimates that about 120 hotels have shuttered either temporarily or permanently. Although the pandemic has had a negative impact on the tourism sector, measures are being taken in Malaysia to create a more resilient and sustainable future, with a particular emphasis on digitalization and the creation of smart products and infrastructure. The third largest contributor to GDP in Malaysia is tourism. By 2022, Mala...

INDIA MOTOR INSURANCE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 A change in vehicle ownership patterns brought on by the post-Covid rising demand for personal mobility space may present an opportunity for motor insurers in 2021, as the motor insurance industry in India accounted for 34.1% of non-life insurance premiums earned, followed by health insurance at 29.5%. Due to the increased demand from middle class households, car insurance premiums made up approximately 39.4% of all non-life insurance premiums in 2018. India had more than 295 million registered vehicles as of 2019. India has one of the largest automotive businesses. In 2019, it produced the most two-wheelers than any other country in the world. This market sector also dominated the domestic market. Over 17 million two-wheelers were sold domestically in the nation of South Asia in 2020. The number of two-wheeler sales has decreased during the past 12 months. The vehicle is divided into four categories: 2-wheelers, 3-wheelers, passenger cars, and commercial cars. The highest sales a...

AUSTRALIA CONSTRUCTION MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Currently valued at USD 389.9 billion, the Australia Construction Market is expected to grow at a CAGR of more than 5% over the coming years. The market is being driven by the massive investment going into the sector. Additionally, the business is being driven by the demand for prefabricated buildings and technical advancement. Investment prospects are still promising. For at least the upcoming year, construction activity is anticipated to be supported by a sizable pipeline of residential and non-residential projects. However, the most current data and information from the Bank's liaison programme show that capacity restrictions have become more severe in several sectors, which will slow the growth of the building industry for a while. Recently, more private non-residential building work has been added to the pipeline, representing more commercial developments. The outlook for real estate investment, in contrast, has been lowered. Because of the continued drop in established prope...

LIFE AND NON-LIFE INSURANCE MARKET IN INDIA - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 In India, the market for life and non-life insurance is anticipated to grow at a rate of over 7% between 2023 and 2028. Indians are now more aware of the value of insurance as a result of the COVID-19 outbreak. Health insurance funds have seen a 0.8% increase, going from 1.8% of GNDI in 2019–20 to 2.6% of GNDI in 2020–21, thanks to COVID-led increased awareness of health insurance. While the total insurance premiums worldwide rose by 9.04% (3.4% inflation-adjusted real growth) over the same year, India's total insurance premium jumped by 13.46% (7.8% inflation-adjusted real growth) in 2021. The insurance penetration rate in India stayed the same from 2020–2021 at 4.2% for 2021–2022. Over the first ten years of liberalisation, the insurance market demonstrated an increase in insurance penetration, moving from 2.71% in 2001-2002 to 5.2% in 2009-2010. Since then, there has been a reduction in the penetration of life insurance, which has persisted through 2014–2015. In 2021, the life ...

E-BOOK MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 During the anticipated period, the E-book Market is projected to expand at a CAGR of 3.92%. The primary drivers of the global e-book industry are technological advancement and the complexity of reading devices that offer an experience comparable to reading a real book. The growing popularity of smartphones and the availability of multilingual e-books are predicted to increase demand for e-books worldwide. Market expansion is impeded by publishers being accused of IP infringement by content providers. For instance, the Internet Archive was sued by four major book publishers in June 2020 for alleged copyright violations in connection with its open library initiative. A number of publishers have sued the Internet Archive, including Hachette, Penguin Random House, Wiley, and HarperCollins. During the epidemic, there was a rise in reader interest overall. During the time of the worldwide lockdown, people began reading electronic books for enjoyment. Due to users' preference for conveni...

RETAIL INDUSTRY - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 With shifting economic conditions around the world during the research period, the retail business has seen a number of changes. The COVID-19 epidemic caused the world economy, which had slowed in 2019 and 2019, to plummet in 2020, making for a difficult forecasting period for the retail sector. The retail sector is projected to demonstrate a gradual recovery during the first forecast period because the bulk of the industry's products are sensitive to economic cycles, but after the situation calms down, it is anticipated that client demand will drive the market. The new way to shop is over the internet. With the increasing use of smartphones, other mobile devices, and internet services, e-commerce has become a significant global purchasing platform. In addition to other factors, the retail e-commerce business is fueled by an increase in the number of suppliers who offer their products online. In the next five years, the expansion of online fresh food sales and the increasing numbe...

BAKERY PRODUCTS MARKET - GROWTH, TRENDS, AND FORECASTS (2023 - 2028)

 Over the forecast period, the market for bakery products is anticipated to grow at a CAGR of 3.8%. Global demand for bakery products is rising as people's preferences for quick meals, the exodus of workers, and lifestyle changes all combine. There is a large variety of bakery items available on the market, and the market under study is being driven by several improvements in the product line that cater to the needs of diverse customer categories. For instance, bakery items like biscuits are being specifically created and reinvented to match changing consumer wants and lifestyles. Consumers who are health-conscious generally as well as those with celiac disease consume free-from food items, particularly gluten-free items. The desire for gluten-free goods arises from the idea that foods without gluten and those without sugar can help individuals manage issues like bloating, indigestion, obesity, diabetes, etc. As a result, bakery goods that advertise being fat-, sugar-, gluten-, who...

INDIA WASTE MANAGEMENT MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 Due to the high population density and growing industrial activity, which are producing large volumes of garbage, both hazardous and non-hazardous, India's waste management market is expanding at a healthy rate. The idea of a circular economy is relatively new to India. However, the idea is becoming more well-known. Due to the fact that only 30% of the country's 75% recyclable garbage is now recycled, the waste management sector in India has enormous potential. Poor waste management in the nation is caused by a variety of factors, including a lack of effective infrastructure and inadequate regulations for garbage collection, disposal, and recycling. More than 50% of all solid waste produced in India is put into landfills untreated, mostly as a result of the country's ineffective waste management systems. This makes landfill one of the most common means of garbage disposal in India. Particularly in the municipal authorities of West Bengal, Karnataka, and Haryana, where wast...

UNITED STATES TELECOM MARKET — GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023–2028)

  During the forecast period, the US telecom market is anticipated to grow at a CAGR of 3.67%. The majority of the world’s largest telecom firms, including AT&T, Verizon, and Comcast, are headquartered in the US, and they support innovation by routinely investing heavily in R&D. The communications industry in the United States, which supports the operations of all businesses, public safety organisations, and the government, is an essential component of the national economy. Even though 5G technology adoption is still in its early stages, AT&T, Verizon, T-Mobile, and US Cellular are already laying out a plan for the rollout of 6G through strategic collaborations. In addition, the United States has the highest levels of digitization in the world, which is increasing demand for services like OTT (over-the-top) media, messaging, and e-commerce and encouraging further industry expansion. Mobile networks are necessary for the US economy to recover and for the green and digita...

INDIA MUTUAL FUND INDUSTRY - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 The mutual fund industry's SIP collections decreased by 4% to INR 96,000 crore in FY 2020–2021 as a result of lockdowns brought on by COVID–19. Uncertain income was the result. The epidemic led to many investors making the decision to stop their SIPs. The contribution decreased for 11 months in a row after reaching a peak of Rs 8,641 crore before surging to new highs. In February 2022, the Indian mutual fund industry's average assets under management (AAUM) totaled INR 38,56,140 crore. In May 2014, the industry's AUM first surpassed the landmark of INR 10 trillion (INR 10 lakh crore). The AUM more than doubled in around three years, and in August 2017 it first surpassed INR 20 trillion (INR 20 lakh crore). In November 2020, the AUM size surpassed INR 30 trillion (INR 30 lakh crore) for the first time. As of February 28, 2022, the industry's AUM was INR 37.56 trillion (INR 37.56 lakh crore). The asset size of the mutual fund (MF) sector increased due to the robust perfo...

SOUTH AFRICA RESIDENTIAL REAL ESTATE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 The residential real estate market in South Africa is valued at USD 16.54 billion this year and is expected to grow at a CAGR of more than 10% during the forecast period. The residential real estate business has developed into one of South Africa's more resilient industries, despite the concerns surrounding COVID-19 and the ensuing lockdowns.  According to statistics for the nation, 15.6 million South Africans are between the ages of 20 and 34. Many first-time buyers are joining the market as a result of favourable economic possibilities. Others who already own a home are learning about the potential for real estate to generate wealth. The good news for prospective investors is that interest rates are favourable and that the moderate rental growth that is currently occurring will probably get better over time.  Freehold home purchases by South Africans have been progressively declining as more people choose estate and sectional title residences. When contemplating sectio...

INDIA PACKAGING MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 The Indian packaging market is anticipated to grow at a CAGR of 12.60% between 2022 and 2027. The fast rise of consumer markets, particularly in the processed food, personal care, and pharmaceutical end-user industries, has greatly increased packaging demand in India. One of the industries in India with the highest growth is packaging. The industry has been a major force behind technology and innovation over the past few years, bringing benefits to many manufacturing sectors, including agriculture and the fast-moving consumer goods (FMCG) sectors. Rising population, rising income levels, and changing lifestyles are all expected to increase consumer spending across a variety of businesses, which will increase the demand for packaging product solutions.  The packaging sector is significant and essential to the global commerce of goods. Depending on how it will be used, packaging can be categorised as primary, secondary, tertiary, or accessory packaging. Additionally, it is divi...

APPAREL MARKET - GROWTH, TRENDS, AND FORECASTS (2023 - 2028)

 Over the forecast period, the global apparel market is anticipated to grow at a CAGR of 5.8%.  Despite the negative consequences COVID-19 had on the garment sector, the market is now recovering as a result of the removal of market restrictions. Growth in the garment manufacturing market is anticipated to benefit from more people shopping online. Manufacturers can now geographically increase their consumer base because they can sell their goods on a much bigger platform than in the past. This will accelerate the expansion of the garment manufacturing sector. For instance, e-commerce platforms have increased sales of traditional clothing in nations like India by giving makers who were previously confined to a single region more exposure. Over the forecast period, the global apparel market is anticipated to grow at a CAGR of 5.8%. For the benefit of the apparel sector, innovative designs, desirable fashion options, and effective marketing techniques are advantages. The availabil...

SPORTS APPAREL MARKET - GROWTH, TRENDS, AND FORECASTS (2023 - 2028)

 Over the next five years, the market for sports apparel is anticipated to grow at a CAGR of 7.55 percent.  Consumers are increasingly incorporating sports and fitness activities into their daily routines due to factors including improving health and self-confidence, a desire to live an active lifestyle, and a desire to look fit. Over the course of the forecast period, the market is anticipated to be driven by women's increasing participation in both domestic and professional sports and fitness activities. For instance, 19.6% of women participated in sports, exercise, and leisure activities every day in 2021, up from 17.2% in 2018, according to the Bureau of Labour Statistics. Women's interest in sports is anticipated to be further fueled by the expanding intersection between fashion and sports, which has led to a rise in the availability of stylish sports apparel. Global sales of sports gear have been boosted by the escalating popularity of athletes on social media and the ri...

INDIA OFFICE FURNITURE MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)

 During the forecast period, India's market for office furniture is anticipated to expand rapidly. The market is expanding significantly as a result of factors like the expanding Indian economy and the resulting rise in demand for office space. The emphasis on building homes and offices is anticipated to continue in the near future, pointing to continuing expansion for the office furniture sector. In addition, the government's measures to make conducting business easier are helping the corporate sector in India grow. In addition to the demand for additional office space, the remodelling of existing workplaces also drives the demand for office furniture. One of the biggest markets for office furniture imports worldwide is India. The rise in furniture imports into India is mostly attributable to the local furniture industry's lack of modernization, inventive design, trained labour, market access, and quality control. The outlook for the market for imported office furniture is...

UNITED STATES VEGETABLE SEED MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The Vegetable Seed Market in the United States is anticipated to grow at a CAGR of 4.76%. The top nation for vegetable production is the United States. With an estimated 18% market share in terms of value in 2021, it is the largest consumer of vegetable seeds globally. Due to an increase in the use of hybrids in vegetable production, hybrids and OPV types will make up 84.3% and 15.7%, respectively, of the total value of the vegetable seed market in the United States in 2021. Varieties that are open to pollination are extremely versatile and tolerant of a range of local climate conditions. Many farmers in the nation still favour open-pollinated cultivars because of their unique advantages, despite their poor market value. The country's hybrid sector has expanded as a result of several mergers and acquisitions, rapid private R&D expansion, changes in the relative weights of public and private R&D, and improved agricultural biotechnology. Therefore, due to advantages like hig...

SOUTH AMERICA FORAGE SEED MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for forage seeds in South America is anticipated to grow at a CAGR of 2.36%. In South America, there were 9.02 million ha of forage cropland under cultivation in 2021, up from 7.3 million ha in 2016. Due to an increase in the demand for animal feed, there will be an almost 24% increase between 2016 and 2021. Due to the growth in production for sale to surrounding nations as a raw material for feed manufacturing, South America held a 9% market share of the worldwide forage seed market in 2021. Due to the high productivity of corn and the ease with which cattle can digest it, some cattlemen prefer forage crops grown from non-transgenic hybrid seeds. Additionally, corn silage is used in Brazil to produce corn ethanol, making it the hybrid forage crop with the fastest rate of growth. About 27% of the market value for forage seed is grown in South American nations as forage crops using open-pollinated varieties and hybrid derivative seeds. Native Braccharia species grasses a...

ASIA-PACIFIC MAIZE SEED MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 According to projections, the Asia-Pacific Maize Seed Market would grow at a CAGR of 3.21%. In comparison to open-pollinated varieties and hybrid derivatives, hybrid seeds led the maize seed market in the Asia-Pacific region in terms of volume and value. Hybrid maize seeds controlled 90.2% of the entire maize seed market in 2021. Non-transgenic maize seeds dominated the hybrid seed market in 2021, accounting for 86% of the share value in the area. With the exception of China, Vietnam, Japan, and Pakistan, many of the main producers of maize have not yet allowed the growing of transgenic maize.​ In 2021 compared to 2016, the non-transgenic hybrid segment's market share climbed by 33%, owing to the region's expanding organic farming industry and growing demand for organic foods.Many nations in the Asia-Pacific region forbid the contamination of human food by hybrids with molecular traits. Less than hybrid seeds, open-pollinated types and hybrid derivatives made up 9.8% of the ma...

EUROPE GRAIN SEED MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 A CAGR of 5.30% is predicted for the European Grain Seed Market. In terms of both volume and value, the hybrid seed category dominated the market in Europe. In 2021, non-transgenic hybrids represented 50.8% of the market value for grain seeds. Due to an increase in the area planted to grains, an increase in the demand for organic produce, and an increase in per capita consumption, the non-transgenic hybrids' market share climbed by 6.5% in 2021 compared to the previous year.   The expansion of non-transgenic hybrids is significantly influenced by an increase in the area used for conventional and organic farming. For instance, between 2016 and 2021, the amount of land in Europe used for organic farming of grains increased by 30%. 3.02 million hectares of organic land were farmed in 2021. Insect resistance, which accounted for 1% of the European seed market in 2021, was the only trait grown through transgenic hybridization in Europe. Spain and Romania are significant produ...

NORTH AMERICA OILSEED MARKET (SEED FOR SOWING) - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for oil seeds in North America (seed for sowing) is anticipated to grow at a CAGR of 3.27%. The total acreage of oilseeds in North America was 49.1 million ha in 2021, and it is anticipated that this number would rise during the forecast period as more high-yielding hybrids become available and GM hybrids are more widely used. Oilseeds made up 20.4% of the seed market in North America in 2021; this percentage is anticipated to rise during the forecast period. In North America, there were approximately 36.7 million ha under hybrid oilseed farming in 2021, an increase of 1.4% from 2016. Furthermore, a positive trend is predicted for the acreage. In terms of the area covered by open-pollinated types and hybrid derivatives in North America, the United States is the largest nation. This is due to the fact that while there are more acres of oilseeds planted overall in the United States, approximately 36.5% of all acres planted in open-pollinated oilseeds in 2021 will be in Ca...

AFRICA SPECIALTY FERTILIZER MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for speciality fertilisers in Africa is anticipated to grow at a CAGR of 6.6 percent. A total of 42% of the value of the African fertiliser market, estimated at USD 20.17 billion in 2021, came from speciality fertilisers. Due to their greater efficacy, speciality fertilisers are being used more and more frequently. Specialty fertilisers are more expensive than regular fertilisers, nevertheless. The region's speciality fertiliser market, estimated at USD 9.41 billion in 2021, was dominated by water-soluble fertilisers, which accounted for 46% of the overall market value. Depending on the need, water-soluble fertilisers can be applied through foliar, fertigation, or soil methods. Controlled-release fertilisers made up 6.81% of the specialised fertiliser market's overall value in 2021, which was estimated to be worth USD 1.37 billion. Field crops dominated the market for controlled-release fertilisers in 2021, contributing 92% of the market's overall value. The val...

UNITED STATES FERTILIZERS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 A CAGR of 7.15 percent is anticipated for the US fertiliser market. Field crops have demonstrated a significant market share in the US, accounting for more than 78.0% of all farmland in the nation in 2021. The majority of horticulture production takes place in ten states, which in 2019 accounted for 66.0% of all horticulture sales in the US. Oregon, Florida, and California had the highest sales in the nation. In horticultural crops, conventional fertilisers held the largest market share in 2021 (58.5%), followed by specialised fertilisers (41.4%). Because they are more widely used by farmers and are less expensive than specialty fertilisers, conventional fertilisers account for a greater portion of fertiliser use. The yields of cereals are inversely correlated with nitrogen fertiliser use. The US Department of Agriculture reports that the country increased its farming area to plant 94.0 million acres of maize and 85.0 million acres of soybeans. This led to a rise in the consumptio...

CHINA FERTILIZERS MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for fertilisers in China is anticipated to grow at a CAGR of 6.52%. Fertility of farmland has been eroded and has become more inadequate as a result of continuous long-term agriculture without crop rotation, increasing the requirement for fertilisers, particularly in South China. Growing environmental concerns have increased the demand for sustainable fertilisers in field crops. The most nitrogen fertilisers are frequently used by field crops. Grains and cereals require significant cultivation, which depletes soil nutrients and necessitates the addition of additional fertilisers to make up for it. In 2021, conventional fertilisers made up over 74.4% of the market's value, while speciality fertilisers made up roughly 25.6%. Turf and decorative goods made up less than 1% of the nation's total fertiliser market in 2021. In recent years, the government has placed a greater emphasis on self-sufficiency and established a variety of practises that are anticipated to assist...

COMMERCIAL AIRCRAFT CABIN LIGHTING MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 The market for commercial aircraft cabin lighting is anticipated to grow at a CAGR of 6.6 percent. With 83% of deliveries from 2017 to 2022 going to narrowbody aircraft, they controlled the market. Due to limits on travel, especially on local and international routes, the total number of passenger aircraft, including narrowbody and widebody, fell by 30% in 2020. The addition of new aircraft to airline companies' fleets was delayed, which also had an impact on the acquisition of new aircraft. Airlines' ambitions to expand their fleets in order to accommodate the rising passenger volume should also help meet the demand for cabin lighting. For instance, LATAM, a Latin American airline, ordered 17 Airbus A321neo medium-range aircraft in 2022. The Airbus A321neo has the longest fuselage of the A320 family of planes and has enough for 180 to 220 passengers in a standard two-class cabin. Over 10,000 aircraft should be delivered between 2023 and 2029.  For airlines, the customer expe...

EUROPE COMMERCIAL AIRCRAFT CABIN SEATING MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2029

 The market for commercial aeroplane cabin seating in Europe is anticipated to grow at a CAGR of 2.40%. Modern aircraft seats are built with lightweight non-metallic components and lightweight designs to lower fuel costs and improve the sustainability of the aircraft. Future market expansion will be accelerated by the rising demand for chairs with improved features and technologically based convenience. Due to growing preferences for business-class travel, an improved seating arrangement with more developed space than economy-class seats is becoming absolutely necessary. In light of the 2050 zero-emission target, global airline operators and OEMs are stepping up their efforts to cut weight and create a sustainable way to run the aviation sector. The market is expected to be driven by a number of factors throughout the forecast period, including the increasing use of cutting-edge cabin seats, the rising demand for luxury air travel, and the enormous number of aircraft orders. On tha...