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Showing posts from October, 2023

Food Packaging Industry in India Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 In India, packaged foods are gaining high traction owing to busy work schedules, the rising number of working women, and the shift toward on-the-go consumption, which is, in turn, expected to ascend the utilization of innovative and sustainable packaging across the food sector. This is likely to fuel the market's growth over the forecast period. Nanofabrication technologies are emerging as ground-breaking solutions throughout the region intending to create active materials for use in the design of packages, coatings, and packaging technologies that help maintain and improve sensory and nutritional characteristics and safety of foodstuffs and increase their shelf life. With growing awareness, the requirement for eco-friendly and sustainable packaging is steadily rising. The country is focusing more on sustainable solutions, which is increasingly becoming a business imperative. Food outlets, restaurants, hotels, hospitals, industries, caterers, and all other users can get eco-friend...

Oman Agriculture Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Some of the reasons propelling the market expansion in the nation include the rise in the adoption of cutting-edge farming technologies and favorable government policies promoting local crop production. The majority of Oman's local need for fruits, vegetables, and cereals is satisfied by imports. Therefore, the nation is working toward agricultural self-sufficiency by encouraging its farmers to use cutting-edge farming methods in order to decrease import dependency. According to the Official Oman eGovernment Services Portal, to attract more agricultural investments, concerned parties in the government provide many incentives. For instance, if the agricultural project is located in the governorate of Muscat (except Quriyat), Oman Development Bank will lend up to 100% of the capital. Approximately 130% of the capital paid is supplied if the project is constructed outside of the Quriyat or Muscat governorates.  The Agriculture Market in Oman is estimated at USD 2.11 billion in 2...

Small Hydropower Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Asia Pacific region dominated the 1-10 MW category of the small hydropower market, with India and China accounting for most installations. These countries' increasing investments in rural electrification increase the market for small hydropower. Developing economies, such as India, and China, regions in Southeast Asia and Uzbekistan, and countries in Europe, like Norway, are giving equal priority to small hydropower projects along with other renewable energy sources. Additionally, the installed capacity of hydropower increased by 8% between 2017 and 2021. In 2021 the installed capacity was at 1360 GW compared to 1270.8 GW in 2017. Small hydropower holds a considerable share in the before-mentioned installed capacity. This increase in growth rate is expected to continue during the forecasted period. For small hydropower projects (1-10 MW), the weighted average Levelized cost of energy (LCO for new projects in 2022 ranged between Brazil and China was USD 0.080/kWh, USD 0.120/kWh...

Customer Success Management Software Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The North America market is mostly expanding as a result of well-known and fresh providers establishing bases of operations there. For instance, the American company Carousel Industries provides subscription lifecycle management services, along with a customer success manager (CSM) to assist users with their subscription management and lifecycle requests, needs, and inquiries. To provide clients with a seamless experience across all touchpoint channels, major and medium-sized businesses in the United States have expanded their emphasis on offering multichannel services. The American Customer Satisfaction Index (ACSI), which tracks the satisfaction of consumers across the country, has been stuck at 76.7% for more than a year, signaling stagnating consumer spending. Business analytics tools including text, speech, and sentiment analytics are being adopted by organizations. Such initiatives are anticipated to assist businesses in comprehending the insights from unstructured data obta...

MEMS-based Oscillator Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Oscillators are electronic circuits that develop an electrical signal of a particular frequency by utilizing the vibrating crystal’s (piezoelectric material) mechanical resonance. MEMS oscillators are complete timing systems based on a programmable architecture. It further witnesses significant demand aided by improved functionality, enhanced performance, and electronic device miniaturization. An oscillator works on the regulations of oscillation, a periodic fluctuation between two things based on energy changes. Computers, smartwatches, mobile systems, and many other devices use MEMS oscillators. The rise in portable and wearable electronics drives the need to reduce the energy consumption and footprint of all electronic components, especially oscillators. Oscillators based on Micro-Electro-Mechanical Systems (MEMS) technology combine accurate frequency generation with low power consumption and are becoming increasingly popular in clock circuits. MEMS oscillators offer an appeali...

Crowdsourced Testing Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Large enterprises are expected to hold a more extensive market size during the forecast period, as it helps them in attaining high-level of quality assurance, fasten development and release process, and streamline bug handling, which is critical to their development teams and helps in enhancing the overall organization's quality and agility. Open strategies for innovation have long been the standard for some large businesses. For instance, P&G's 'Connect + Develop' enabled the company to establish more than 2,000 successful agreements with innovation partners worldwide. Further, IBM started an internal innovation experiment that evolved into its 'InnovationJam' platform, which it uses to work with clients, helping participants to 'jam' by contributing their expertise and opinions on various topics. Thomson Reuters uses crowdsourcing internally to tap into the skills of its 17,000 technologists, finding new problem solvers and breaking down departmen...

Protective Clothing Market for the Life Sciences Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

 Gloves are among the items that are mostly used as single-use items. Gloves are worn when there is the risk of exposure to bodily fluids, secretions, blood, or excretions, or while handling contaminated equipment. Healthcare professionals, such as doctors, nurses, and laboratory technicians, are at high risk of exposure to such hazards. Chemical-resistant gloves protect against peroxide, rocket fuels, very corrosive acids (like nitric acid, sulfuric acid, hydrofluoric acid, and fuming nitric acid), strong bases, alcohols, aldehydes, ketones, esters, and nitro compounds. Natural (latex) rubber gloves are a popular general-purpose glove because they are comfortable to wear. Their tensile strength, flexibility, and temperature resistance are all exceptional. These gloves protect employees' hands against most aqueous solutions of acids, alkalis, and salts wear. Their tensile strength, flexibility, and temperature resistance are all exceptional. These gloves protect employees' hand...

Cider Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 A growing number of alcohol consumers prefer cider over a beer as it is gluten-free, and often sweeter and more refreshing than beer during summer. Various cider manufacturers such as ACE Cider and Crispin Cider Co. claim that most of their cider are naturally gluten-free because cider comes directly from apples which contain zero gluten. Rising instances of gluten-intolerance, associated with celiac disease and increase in knowledge of consuming quality food and beverage is propelling the demand for gluten-free products. Additionally, gluten-free beverages are believed to improve cholesterol levels and promote digestive health. Thus, consumers are inclined towards natural and nutrient-based drinks, which provide health benefits and immunization. Health attributes are particularly important to develop countries, in which consumers are willing to pay a premium price for more health benefits in a product. Thus, with rising instances of celiac disease and increasing demand for gluten...

E-prescribing Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The stand-alone e-prescribing system is an independent single-entity system used for e-prescribing drugs to patients. This system runs on software that acts in a single mode, through which doctors or physicians prescribe drugs to patients on an electronic platform. Stand-alone e-prescribing applications are cheaper and easier to install than integrated systems. However, stand-alone applications may not have all of the functionality such as the e-prescribing module that is linked to an electronic medical record. Stand-alone applications may require the double entry of any clinical data. This requires additional work and the risks of additional errors increase, thus slowing down the entire process. Applications of stand-alone systems are slowly being phased out from the healthcare IT sector as they are being replaced by integrated ones, which are more efficient and effective. The several advantages offered by the stand-alone e-prescribing system is the major factor for driving the s...

Molecular Quality Controls Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Independent controls are anticipated to hold the largest market share in the molecular quality controls market due to their highly precise, unbiased, and independent assessment of a testing system or method performance test results in a short time with the highest sensitivity rate as they are manufactured independently of the instrument, reagents, and calibrators. Furthermore, a steep rise in the adoption of these products among the third-party independent quality controls owing to their benefits such as a wide range of applications along with reduced operational costs is also expected to drive the use of independent controls fueling the market. Based on the application, the oncology segment accounts for the highest market revenue due to the rising global prevalence of cancer, increasing research on cancer biomarkers, advanced diagnosis infrastructure and growing focus on personalized medicine. On the other hand, genetic testing is expected to witness the highest CAGR during the f...

Polyimide Films Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Polyimide film is the best substrate for high-temperature applications, so it is widely used in the electric and electronics industries. Polyimide film is used in many electric and electronic products, like wires and cables, printed circuit boards, semiconductors, motors, generators, integrated circuits, speakers, tape-automated bonding, rotating machines, computers, medical technology, heavy equipment, and recording devices. Moreover, China has the world’s largest electronics production base. Electronic products, such as wires, cables, computing devices, and other personal electronic devices, recorded the highest growth in the electronics segment. The country serves the domestic demand for electronics and exports electronic output to other countries, thus providing a huge market for polyimide films. China's Ministry of Industry and Information Technology says that the electronic information manufacturing sector made 5.66 trillion yuan in the first five months of 2022. This is a 7...

Formaldehyde Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The formaldehyde market is expected to record a CAGR greater than 5% globally during the forecast period. Due to the COVID-19 outbreak, nationwide lockdowns around the globe, disruption in construction activities and supply chains, production halts, and labour unavailability negatively impacted the formaldehyde market. However, the healthcare segment is witnessing an improvement in the market, which aids the growth of the market studied. Owing to the versatile and favorable chemical properties of formaldehyde, its application in the automotive and construction industry is growing exponentially, consequently propelling market growth. However, the toxic and carcinogenic nature of formaldehyde and stringent regulations employed by several authorities regarding formaldehyde emissions are likely to hinder the growth of the studied market. The research and technological development (RTD) related to the application of formaldehyde derivatives for the treatment of organic fraction of muni...

Qatar Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Qatar is considered one of the regional leaders in telecoms maturity, having one of the highest fixed and mobile penetrations in the Middle East. Qatar is also one of the more progressive countries in terms of its progress toward 5G. Qatar telecom companies are adopting 5G technology quite fast, and billions of devices will soon depend on the system for communication and information exchange. The fifth-generation technology (5G) network has several efficiencies. It gives people, data, and applications, infrastructures, and networked environments. However, there are fears that it may cause adverse environmental and health effects. A significant part of 5G network investment in Qatar is targeted at the upcoming FIFA World Cup. Ooredoo and Vodafone are major players in the Qatar telecom market looking for a chance to demonstrate the capabilities and strength of their 5G networks to a global audience. They are heavily investing in their 5G networks, with Ooredoo taking the lead by att...

Contactless Payment Terminals Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 With the increased use of contactless payment terminals in retail, together with benefits arising from placing them on offer like promotion of sales at merchants and improved customer satisfaction, it is expected to have a strong market share. Retailers provide a contactless payment option to enhance the speed and efficiency of the checkout process, fostering customer loyalty through smoother and quicker transactions. Point-of-sale terminals (POS) across retail stores and The primary drivers for this segment are outlets and a preference of mobile wallets to check out from retail stores. The evolution of mobile-based POS (mPOS) includes an card reader connected to a basic ePOS app on a tablet or smartphone, and while Merchant onboarding is simple, where the service is delivered on a ‘pay-as-you-go model. In the retail sector, these cases are likely to lead to deployment of Contactless Payment Terminals. Market players offer innovative and smart solutions for retailers, expected to ...

Home Medical Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The respiratory therapy equipment segment is expected to witness significant growth in the home medical equipment market over the forecast period owing to the factors such as the increasing prevalence of respiratory disorders, emerging advanced technology, and rising company activities. The prevalence of respiratory disorders, such as COPD, tuberculosis, asthma, and sleep apnea is increasing globally which is expected to fuel the demand for respiratory equipment. For instance, as per the data published by CDC in December 2022, about 4.6% of individuals had received a COPD, emphysema, or chronic bronchitis diagnosis at some point in 2021. Similarly, according to a study published in PLOS One, in January 2021, about 2.6 million people were suffering from COPD, in 2021, and the number is expected to rise to 2.8 million by 2025. The home medical equipment market is expected to register a CAGR of more than 6% over the forecast period. The COVID-19 pandemic has positively impacted the h...

Laboratory Information Management System Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Factors that are responsible for the growth of the laboratory information management system (LIMS) market include the rising demand for bio-banking, increasing focus on improvisation of the laboratory, and technological advancements in LIMS offerings. From the past few years, there has been an explosive rise in the number of samples generated for research and analysis purposes, due to the rising number of life-threatening diseases. Similarly, a significant rise in the focus on the high quality of samples and efficient management of the same have become great points of concern. This rise in the sample is pushing the researchers toward cost pressure, managing regulatory issues, storage issues, and so on. For the sake of better management of these samples, biobanks are continuously taking efforts. The LIMS helps the biobanks in the management and tracking of the samples that are generated within the framework of clinical trials, cohort projects, various biological studies, genomic s...

Fantasy Sports Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Fantasy sports provide a highly engaging and interactive experience for sports fans. By participating in fantasy sports, fans become more invested in the outcomes of real-life sporting events. It adds a layer of excitement and competition, allowing fans to showcase their knowledge, skills, and strategic abilities. The desire for deeper engagement and the sense of being a part of the game drive participation in the fantasy sports market. As per the Fantasy Sports & Gaming Association (FSGA) statistics, the number of fantasy sports participants in the United States increased from 42 million in 2015 to 50.4 million in 2022. The overall number of fantasy sports participants in North America reached 62.5 million in 2022, indicating that slightly over 80% of all participants were based in the United States. Such a significant size of fantasy sports players might considerably contribute to the market growth. Moreover, fantasy football or soccer is one of the most popular sports, just...

Snack Food Industry Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Snack Food Market size is estimated at USD 456.29 million in 2023, and is expected to reach USD 538.53 million by 2028, growing at a CAGR of 3.37% during the forecast period (2023-2028).  These days, consumers prefer their food to be easy to carry and quickly accessible, making snack food the best option. Witnessing the sudden upsurge, manufacturers eventually launched products enriched with protein, vitamins, and nutrients, giving consumers on-the-go nutrition while snacking. Functional snacking is gaining more importance these days as people are replacing their meals with snacks and need proper nutrition through snacking. According to the 2021 report of Mondelez International about snacking habits, 72% of people look for portion-controlled snacking options, which means they require their nutrition needs to be fulfilled by snacking. Over the medium term, snack food may emerge as an alternative to full-fledged meals with a paradigm shift in consumer behavior patterns. Sna...

Head-up Display Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Digitalization is a major trend in the automotive industry. The industry has witnessed numerous technological advancements in the digital field over the last couple of decades. The technological enhancement in the form of HUD is one such example. A vehicle's HUD keeps drivers focused on the road, safely delivering speed, warning signals, and other vital vehicle and navigation information on the windshield directly in the driver's line of sight. The growing need for safety and user comfort is one of the most important factors driving the adoption of HUD in the automotive industry. Moreover, an increasing number of road accidents fuels the need for HUD. For instance, According to the World Health Organization, over 1.35 million people die each year as a result of road traffic crashes globally. Injuries from road traffic accidents are the leading cause of death among people aged between 5 and 29 years. Moreover, according to the Bureau of Infrastructure and Transport Research Eco...

Propionic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Propionic acid is used as a preservative in animal feed and grain in the agriculture industry. It is also used to sanitize the surfaces where silage and grain are stored. In addition, propionic acid is used as an anti-bacterial agent in water, which is used for drinking purposes by livestock. They are even sprayed into poultry litter to kill fungi and bacteria. India is the world's second-largest producer of rice, wheat, and other cereals. The massive demand for cereals in the global market is creating an excellent environment for exporting Indian cereal products. According to the fourth advance estimates for 2021-22 by the Ministry of Agriculture of India, the production of major cereals like rice, maize, and bajra stood at 130.29 million tons, 33.62 million tons, and 9.62 million tons, respectively. India is the largest producer and exporter of cereal products in the world. According to the Agricultural and Processed Food Products Export Development Authority (APEDA), India'...

Mexico Freight and Logistics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

 The Mexico Freight and Logistics Market is segmented by End User Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others) and by Logistics Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage). Market Value (USD) and Market Volume (ton-km, number of parcels, warehousing & storage space in square feet) are both presented. Key Data Points observed include Freight Transport Volume (ton-km) by Mode of Transport; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD); and Freight Pricing Trends (USD per ton-km). The Mexico Freight and Logistics Market size is estimated at 128.10 billion USD in 2023, and is expected to reach 171.40 billion USD by 2029, growing at a CAGR of 4.97% during the forecast period (2023-2029). Read Full Market Report

Lime Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Lime Market size is estimated at USD 41.44 billion in 2023, and is expected to reach USD 46.20 billion by 2028, growing at a CAGR of 2.20% during the forecast period (2023-2028). Lime is used as an ingredient for the production of citric acid, lime oil, lime juice, and other products which are used in household food items, as well as chores. Therefore, the growing demand for the products will eventually increase the demand for lime. As a result, the growing interest in health benefits and cleaning applications will be a major force driving the market. India is one of the largest lime producers, accounting for 3.5 million metric tons in 2021. The area harvested under limes in India was 3,22,000 hectares and 3,27,000 hectares in 2020 and 2021, respectively. Although India is one of the top producers of limes in the world, it has a negligible presence in the processing market. Most of the produced limes in the country are consumed as fruits. However, some parts of the production ...

White Cement Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The white cement market size was estimated at over 24 million tons by the end of the year, and the market is expected to register a CAGR of more than 3% during the forecast period. The outbreak of the coronavirus pandemic, the series of nationwide lockdowns, strict social distancing norms, and disruptions in the global supply chain network hampered the white cement market. The pandemic did have several short- and long-term consequences in the construction industry that likely affected the demand for white cement. Many factories and industries were shut down globally, resulting in a decrease in demand and supply. However, the market has begun to recover reasonably due to more knowledge and the proper application of laws and regulations. Over the long term, the growing construction industry in Asia-pacific and the substitution of grey cement due to white cement's superior characteristics will drive the market. Increasing focus on innovation and artistic and aesthetic senses in arch...

Home Fragrance Products Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Consumers increasingly spend on home fragrance products like candles and diffusers as they help satisfy valued emotional needs and solve important functional problems, such as masking bad smells. These products come in various designs, colors, scents, and materials, fulfilling the diversified needs of customers worldwide.  In recent years, consumers have been willing to spend more on value-added home décor items made with organic and natural ingredients due to increasing awareness about the health impacts of the ingredients used in these products. In 2022, according to a survey published by Vlam, the total household spending on organic products in Belgium increased from 892 million euros to 992 in 2021.With the increasing trend of aromatherapy and at-home natural remedies for mental health and well-being, especially among young adults, customized home décor products like scented candles and diffusers are gaining immense popularity worldwide. These products are believed to imp...

Extruded Polystyrene Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Extruded polystyrene (XPS) is a thermoplastic polymer with a closed-cell structure. It is considerably stronger with higher mechanical performance but is more expensive than its close substitute, expanded polystyrene (EPS). Extruded polystyrene is often used in the form of rigid foam to insulate floors, roofs, walls, ceilings, and balconies in residential buildings. This is because of its high compressive strength and resistance to moisture. Furthermore, extruded polystyrene is most widely used in the insulation of green buildings owing to its ability to reduce energy consumption by 6–8% and also to reduce greenhouse gas emissions, namely carbon dioxide and methane. In India, 114.06 lakh houses have been sanctioned under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) until November 2021.Out of these, 89.36 lakh houses have bee. The Asia-Pacific region is expected to dominate the market for extruded polystyrene during the forecast period. In countries like China and India, the deman...

Offshore Drilling Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Deepwater and ultra-deepwater drilling in offshore basins provide access to significant untapped oil and gas reserves. In many cases, these deposits are located far from the coastline and cannot be reached by drilling at depths far beyond the capability of shallow-water drilling. The exploration and production of deepwater and ultra-deepwater reservoirs are attractive because they contain large hydrocarbons.  For the past several years, natural gas has witnessed considerable growth in its global production and consumption as countries are shifting from coal to natural gas as a primary energy source for cleaner energy. This scenario is expected to continue owing to the carbon emission targets set by various countries. Hence, with increasing natural gas demand, the demand for hydrocarbon production is expected to grow, thus leading to an increase in deepwater and ultra-deepwater activities. In addition to their high production potential, deepwater and ultra-deepwater fields may...

Medical Beds Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Manual medical beds are patient beds that use manual cranks to adjust the bed for the patient's comfort. Due to the lack of risk of motor failure, lower cost, and easy-to-use mechanisms manual medical beds are anticipated to boost the segment growth over the forecast period. In addition, the increasing burden of chronic diseases and the growing geriatric population are expected to boost the market growth over the study period. According to the World Population Prospects 2022 by the United Nations DESA, 771 million people worldwide are estimated to be 65 or older in 2022. Furthermore, according to the same source, by 2030, there will be 994 million older people in the world, and by 2050, there will be around 1.6 billion elderly population. The growing geriatric population who are more prone to chronic diseases increases the risk for hospitalizations and is expected to boost the market to grow over the forecast period. Furthermore, new collaborations and acquisitions among the mar...

Renewable Energy Market in South Africa Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The renewable energy market in Southern Africa is expected to grow at a CAGR of more than 6% over the forecast period.  The increasing power demand and efforts to electrify the majority of the population in countries like Madagascar, Zambia, and Zimbabwe are long-term drivers of the market for renewable energy in the forecast period. On the other hand, lack of acceptance in countries like Malawi, Madagascar, and Botswana and high installation costs for renewable energy projects are a few restraining factors for the market's growth.  Upcoming projects in countries like South Africa and Mozambique are expected to create significant opportunities for renewable energy companies. In 2022, Zambia's electric utility ZESCO launched a tender for developing and constructing 50 MW of PV plants in the Southern, Western, and Luapula provinces of Zambia. Zambia is endorsing solar power through two of its initiatives, namely the Scaling Solar Program and Zambian's Renewable Energy Fee...

Bank Kiosk Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The bank's multi-function kiosk provides services, including the ability to deposit checks using the CTS interface, pay bills online with a debit card, browser-based Internet Banking, and non-cash/inquiry services like balance inquiries and mini statements, among others. Multi-Function Kiosks integrate many functionalities onto a single platform, allowing various businesses to spend less money purchasing individual units. Banks increasingly choose multi-function kiosks over single-function kiosks due to low capital expenditures in application development, equipment purchases, installation, and maintenance. Further, the customer prefers self-service solutions because it reduces their effort and time in performing banking transactions. According to a study by Source Technologies, self-service retail banking kiosks can offer significant improvements to physical branch locations. Moreover, investment in the development of multi-function kiosks is rising. For instance, The Beau Vallon ...

Ketogenic Diet Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 Obesity is one of the major health problems in the world today. According to the Trust for America's Health report from September 2022, 4 in 10 American adults have obesity. Because of this, consumers are shifting towards healthy food habits and incorporating keto-friendly foods into their diet regimen. They are also going to fitness centers and gyms to stay fit. The gym trainers and doctors recommend the ketogenic diet instead of intermittent fasting. The high-fat and low-carb beverages are designed to provide sustained energy and help accelerate the metabolic state of ketosis, which makes the body more efficient when burning fat for energy. Considering children's obesity in many regions, the market players are innovating products like cakes, chocolates, protein bars, and many more that are keto-friendly. For instance, in April 2022, Jimmy's Healthy Foods Inc. launched Keto-Friendly Chocolate Fudge Pudding. Additionally, the availability of different keto-friendly product...

SPECIALTY ENZYMES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The processed foods segment has witnessed a significant rise in the market in recent years, owing to changes in the lifestyle patterns of consumers and a strong influence on the consumption of convenience foods. The demand for processed and packaged foods is rising in both developed and developing regions of the world due to factors such as urbanization, a growing middle-class population, an increase in the number of working women, and an increase in disposable income. As a result, there is a greater need for food packaging and processing solutions. Food additives are therefore widely employed in processed and convenience food products to maintain the freshness, safety, taste, appearance, and texture of processed foods.  The Specialty Enzymes market is projected to witness a CAGR of 7.6% over the next five years. Enzymes are proteins that exist in the body of all living organisms, including humans, that function as catalysts. On the other hand, enzymes are necessary substanc...

PRESSURE VESSEL MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Asia-Pacific region, due to the constant increase in the energy demand in the region, is likely to be the fastest-growing and the largest market for the pressure vessel market. Many governments and companies in the region are investing a significant amount in power and refining sectors, which include the usage of several pressure vessels. Countries such as China and India have ongoing projects and upcoming projects in the sectors that use pressure vessels. The motive behind these projects is to fill the gap between energy demand and energy consumption in the region. Power generation from thermal energy sources such as coal, natural gas, oil, and nuclear, require a considerable number of power vessels. In 2021, the electricity generation of Asia-Pacific from thermal energy was 10299.6 terawatt-hours (TWh), which was 8% higher year-on-year, and accounted for neraly 73.6% of the total electricity generation in 2021. In May 2022, Sumitomo Heavy Industries, Ltd. secured an order from T...

AUTOMOTIVE GREEN TIRES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Global sales of electric cars increased by around 55.5% in 2022 when compared to the year 2021, surpassing 10 million for the first time, even though car sales broadly were soft last year. As a result, one in every seven passenger cars bought globally in 2022 was an EV, according to the International Energy Agency (IEA). With growing automobile sales, especially electric vehicles, the demand for these automotive green tires through the OEM sales channel is expected to grow significantly during the forecast period. OEMs deliver quick access to products through their global distribution network and ensure product quality and support services with a warranty, which signifies higher product life. Remarkable changes have been made to other aspects of the auto industry due to the rise of electric automobiles. The focus on creating components for electric automobiles other than electric powertrains had shifted due to the requirement for greater efficiency. With an emphasis on efficiency...

INTEGRATED MARINE AUTOMATION SYSTEM MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Cruise ships are the type of passenger ships that come under commercial segments and with an increasing number of tourism activities and increase in disposable income for people, firms are highly investing in cruise ships and various automation firms provide their products for navigation support, equipment monitoring and safety improvements to shipbuilding companies.  For instance, in 2017, ABB supplied the complete power, propulsion, and automation package for a series of new cruise vessels being built by MV WERFTEN for Genting Hong Kong brands Crystal Cruises and Star Cruises. Various cruise ship lines business that operates a fleet of small luxury cruise ships are opening to automation. For instance, in Sep 2019, Windstar Cruises announced to re-engine its Star-class vessels which will involve new automation and control systems, tank monitoring systems, upgraded boilers, and ballast water treatment systems. This will be so...

BREATHABLE FILMS AND MEMBRANES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Breathable films and membranes are used in the surgeon's garments, to provide protection against viral and bloodborne pathogens. It is also used in skin adhesion applications. It serves as a barrier membrane to dust or biohazards, such as blood-borne pathogens, and allows perspiration to escape.  Owing to the growing health concern among people, coupled with the increasing number of hospitals, there is a significant increase in the usage of breathable films and membranes in the healthcare sector. North America has the largest medical industry in the world. Wide insurance coverage in the country is expected to aid the growth of the market. More than 90% of the US population has access to health insurance. The majority of citizens aged above 65 years have coverage through Medicare or Medicaid, private individual healthcare package, or both. The Asia-Pacific healthcare market is poised to record double-digit growth during the forecast period, driven by the growing demand from c...

FRANCE ECOMMERCE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  M-commerce has the potential to become a major shopping channel and alter consumer purchasing behavior. Consumers are increasingly more dependent on digital devices than ever before. Acquisitions in this segment further develop a strong market in the forecast period. For instance, in September this year, a new relationship between Deezer, a French streaming service for music, and the French e-commerce site Cdiscount was launched, which includes purchasing various electrical devices, including TVs and smartphones; Cdiscount will consist of a four-month subscription to Deezer Premium.  Furthermore, most smartphone users (18%) download digital applications, 11% buy cultural products, such as books, and 10% purchase travel, primarily train tickets, on their phones. In addition, 4% of smartphone buyers purchase books, and 3% purchase CDs and DVDs. Smartphone shoppers claim they shop on their phones at home 74% of the time, while 20% say they shop on public transport. E-commerce b...

PINE CHEMICALS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Pine chemicals have been important parts of the adhesives and sealants value chain for many years.Tall oil products (TOFA and DTO) and rosin products (TOR and gum rosin) are excellent tackifiers for adhesives.  In adhesives, rosin resins are used along with polymers, which form one of the major components of adhesives and thus generate cohesion. The TOR resins offer three important benefits, which include:  compatibility with a variety of polymers, which provides flexibility and reliability in the formulation.  chemical tailoring of rosin resin to provide unique adhesive performance;  They are derived from natural and renewable sources. Europe dominated the market studied, accounting for more than 40% of the total market by volume, with Germany and Italy being the key consumers in the region. According to the German Adhesives Association, the adhesives, sealants, and tape industries will generate an annual turnover of more than EUR 4 billion (USD 4.57 billion)...

SYNGAS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Asia-Pacific dominated the global market share, with rising demand from the countries such as China and India, which are among the fastest-growing economies across the world. Moreover, countries are moving toward renewable energy sources, which triggers market growth. In China, Air Products was awarded a long-term onsite contract to supply syngas to Jiutai New Material Co. Ltd for its high-value mono-ethylene glycol project in Hohhot, China. The project is expected to start in 2023. The facility/plant is designed to produce over 500,000 Nm3/hr of syngas, comprised of five gasifiers, two approximately 100,000 Nm3/hr air separation units (ASU) with syngas purification and processing, and associated infrastructure and utilities. A breakthrough in the coal-to-syngas processing facility in Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China, is evident in the 80% Air Products/20% joint venture with Debang Xinghua Technology Co. Ltd (a subsidiary of Jiangsu Deb...

DECORATIVE LAMINATES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The global market for decorative laminates is expected to grow at a CAGR of more than 3% during the forecast period. The major factor driving the market studied is the growing construction industry in the Asia-Pacific region. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market. Furniture application is expected to dominate the market studied over the forecast period owing to the increasing construction industry.  Asia-Pacific region is expected to dominate the global decorative laminates market and is also forecasted to be the fastest-growing region over the forecast period. Asia-Pacific region is expected to dominate the global decorative laminates market and is also forecasted to be the fastest-growing region over the forecast period owing to the increasing consumption from countries such as China, India, and Japan.  Increasing construction activities in countries such as China, India, Japan among others ...

HIGH PERFORMANCE COMPUTING MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The on-premise model holds a significant market share, owing to its ability to tap into the total capacity of HPC systems without facing any bottlenecks due to connectivity issues. Incorporating on-premise systems in significant research, analytics, and modeling applications is increasing, and real-time data access is paramount. Moreover, the growing complexity of operations and increasing capability of these systems are adding to this trend, as it bolsters the output and input capacity of HPC systems. The security of private data is another primary driver for this model. Businesses and government organizations, especially in defense, are using this method to prevent attacks on their database. The physical presence requirement significantly adds to the security and integrity of the system, application, and data. The High Performance Computing Market size is estimated at USD 56.98 billion in 2023, and is expected to reach USD 96.79 billion by 2028, growing at a CAGR of 11.18% duri...

TURKEY RESIDENTIAL REAL ESTATE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The number of house sales to foreigners has accelerated in Turkey due to legislative amendments that eased citizenship with investment limits for foreigners, campaigns launched by real estate developers and banks, and spiking foreign currency that brought an annual record of 78.4% increase in 2021 compared to the previous year. According to official sources, the country's most populous city, Istanbul, has continued to be the top choice for foreign buyers. Residential property sales to foreigners in the city in September 2021 increased by 25% year-on-year to 2995, compared to 2370 in September 2020. On the other hand, when it comes to nationalities, Iranian citizens continue to top the list of foreign buyers of residential properties. Iraq was followed by Iran with 7622 units, Russians with 4494 units, Afghanistan with 2508 units, and Germans with 2062 units in 2021. Chinese investment in Turkey has increased dramatically, and it is expected to increase in the coming years. They g...

BOT SERVICES MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  Chatbots can assist businesses in turning website visitors into paying clients. They are growing in popularity among companies looking for an easy solution to boost customer service and provide a well-rounded client experience without adding extra employees. By providing a handy way to assist clients without involving a human, chatbots help businesses save money, thereby increasing the demand for bot services. Chatbots built using the bot frameworks can offer more advanced features like shipment tracking, inquiries about product specifics, Complaints, payment, etc. According to the survey conducted by clickz.com in the USA for the type of inquiry customers use chatbot services, shipment tracking stood at the top with 52%, followed by order information with 44%, and payment at 35%. Large businesses are frequently overburdened with tasks such as placing orders, requesting information about products and services, and making payments for supplies. Enterprise-grade chatbots can readil...