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Renub Research, Roswell, GA

Potato Chips Market Size, Global Forecast 2021-2028

posted October 26, 2021   category » potato chips market

Potato chips are one of the most extensively consumed snacks across the world. These are thin potato slices that have been seasoned and fried till crisp. Potato chips are trendy amongst all age groups, especially the young population worldwide. Moreover, supported by changing lifestyles, consumers are globally opting for potato chips as an easy food option, known as authentic and natural snack options with health & wellness attributes. According to Renub Research, Global Potato Chips Market is projected to reach US$ 43.8 Billion by 2028.

 

Factors Driving Potato Chips Demand Globally

Demand for potato chips continues to rise significantly worldwide with the emerging trend of westernization of food and consumption patterns. Moreover, a growing economy, a rise in middle-class population and increasing urbanization are other factors. Besides, with the increase of infrastructure development such as metro stations, cinema halls, airports and others, the demand is anticipated to rise further in the developing countries across the globe.

 

Worldwide Potato Chips Industry is likely to grow with a CAGR of 3.92% from 2020-2028.

Based on the product, the global potato chips market is segmented into; Plain sand flavoured chips. Moreover, the flavoured segment is estimated to be the fastest-growing segment due to the factors such as choice and availability of flavour and growing demand in the young population inclination towards taste. In the coming years, the development of newer flavours to meet the taste bents of diverse consumers is the answer to surviving in the global potato chips market.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=potato-chips-market-p.php

 

COVID-19 Impact on Potato Chips Market Globally

In 2019, the outbreak of COVID-19 had a significant impact on Global Potato Chips Market. One of the biggest reasons for the decline in the market amidst COVID-19 is the empty grocery shelves shown due to supply chain hurdles. Moreover, despite the disturbances in the supply chain of potatoes, the extorted lockdown beyond the world and widespread work from home scenario actively supported the at-home food consumption and extension in snack stocks, which, in turn, augmented the demand for potato chips in 2020. Hence, the COVID-19 pandemic resulted in the generation of opportunities for numerous private players to arise in the markets to purvey the inflated demand for potato chips.

 

Online Retailing Category is expected to be the fastest Expanding Segment

In this report, we have studied the global potato chips market by distribution Channel into Supermarket/Hypermarket, Convenience Stores and Others. Due to the availability of bulk purchase discounts, the rapid expansion in the number of food stores, top quality chips at preferred rates, and the low danger of bad debts. The Super Market category holds the most significant share. Due to factors such as the availability of a wide selection of flavours of potato chips and crisps, quick accessibility, and easy cost comparison across various types of chips, the Online Retailing category is expected to be the fastest expanding segment over time.

 

Asia-Pacific was the fastest expanding market for the Potato Chips Industry

Based on Geography, the consumption levels for potatoes chips vary extensively across regions across the globe and have a massive scale in the salty snacks’ category. Change in lifestyles, technological improvements, increased investment in developed countries of the region, and a taste preference contributes to the rise of the potato chips industry. Similarly, Asia-Pacific is expected to be the fastest expanding for the Industry and thereon, supported by surge incomes in developing countries such as India and China, younger population, and a choice for western lifestyles.

 

Global Potato Chips Market Size was US$ 32.2 Billion in 2020

Notwithstanding, Potato Chips Industry is very large and is dominated mainly by multiple manufacturers. The global potato chips market is highly imploding with numerous small and large manufacturers who compete in terms of prices and quality. In our report, some of the leading players operating in the market studied are General Mills, Kellogg’s Company, The Kraft Heinz Company and PepsiCo Inc.

 

Renub Research latest report “Global Potato Chips Market by Product type (Plain Chips & Flavored Chips), Distribution Channel (Super Market/Hyper Market, Convenience Stores, Others), Region (North America, Europe, Asia-Pacific’s, ROW), Company (General Mills, Kellogg’s Company, The Kraft Heinz Company, PepsiCo Inc.)” provides comprehensive details about Potato Chips Industry Globally.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/potato-chips-market-p.php

 

Product Type - Market breakup from 2 viewpoints

1.    Plain Chips

2.    Flavored Chips

 

Distribution Channel - Market breakup from 3 viewpoints

1.    Supermarket/Hypermarket

2.    Convenience Stores

3.    Others

 

Region - Market breakup from 4 viewpoints

1.    North America

2.    Europe

3.    Asia-Pacific

4.    Rest of World

 

All companies have been covered into 3 viewpoints

    Overviews

    Recent Developments

    Revenues

 

Company Analysis

1.    General Mills

2.    Kellogg’s Company

3.    The Kraft Heinz Company

4.    PepsiCo Inc.

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Europe Automotive Vehicle Market Forecast 2021-2030

posted October 26, 2021   category » europe automotive vehicle market

The European automotive industry has been booming and has become a global leader and driver of Europe's growth and prosperity. In recent years, the European automobile sector has ascended to the top of the worldwide industry. Moreover, the European automotive industry has achieved record sales and is a significant employer and a source of considerable grant making in European society. According to Renub Research, European Automotive Vehicle Market is expected to reach 21.59 Million Units by 2030.

 

Notwithstanding, the automotive industry has brought Europe freedom and access from mobility while making it increasingly time-efficient, safer, and more affordable. The automotive sector also contributes to environmental welfare. At the same time, the industry is thriving in keeping the disturbing impact on the environment of the steep hike in numbers of cars on the road in check, mainly through effective emission reductions. Also, the automotive sector seems to be a strong industry with attractive job opportunities and a growth engine of Europe's economy. Hence, the industry is economically robust but with a clear gap to highly profitable sectors.

 

Mild Hybrid Vehicle is expected to provide Significant Growth over the Next Decade in European Automobile Industry

Furthermore, the European automotive industry is uniquely situated to become a centre for developing, testing, and eventually adopting new mobility technologies. By Category, the European automobile industry's principal categories include Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Vehicle (MHEV), Natural Gas Vehicle (NGV), Fuel Cell Electric Vehicle (FCEV), Diesel Vehicle and Petrol Vehicle. The MHEV market is dominant, increasing, and expected to provide significant growth over the next decade. In Europe, PHEVs are expected to almost completely replace pure internal combustion engine (ICE) vehicles in the future. Moreover, MHEVs will play a significant role in a balanced powertrain portfolio for the next decade.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=europe-automotive-vehicle-market-p.php

 

Europe Automobile Market Size is expected to grow with a CAGR of 3.38% from 2020 to 2030

Remarkably, the regions and players in the conventional automotive set are also obtaining momentum, and a growing wave of technological megatrends is redefining versatility. Even the core competencies for future prosperity are changing rapidly. In the coming years, European automotive players will require to develop these competencies and manage an employment transition to sustain their position at the vanguard of the industry.

 

In addition, the Europe automobile sector is expected to stay ahead in the changing competitive landscape, and therefore leaders will need to make some complex decisions. Above all, a shared vision concerning the European automotive sector's positioning is necessary as well. The automotive passenger vehicles as a cornerstone for individual mobility and the commercial, automotive vehicle as the backbone of the European economy contribute tremendously to society, environment, economic welfare, and growth in Europe.

 

Coronavirus devastating effect on European Automotive Vehicle Industry

European car markets are gracing to deceive as sales promotions look good but only when contrasted with 2020, smashed by the shock of coronavirus shutdowns and short-term economic disaster. Our analysis expects a solid recovery as the year progresses and coronavirus vaccinations become ubiquitous. At the same time, apprehensions about the impact of the coming wave of Covid infections and a chip shortage remain in the background until the world is ultimately set free from the virus.

 

Europe Automotive Market was 15.49 Million Units in 2020

As per our analysis, over the following years and decades, the automotive industry will undergo a disruptive transformation towards a mobility industry. Many forces within and from outside the industry will try to transform the sector. The automotive ecosystem will open up, new players will enter, and industry boundaries will become fluid or disappear. In other words, we are going to see a global industry reshuffle.

 

The Europe Automotive Vehicles Market is consolidated with several international players. The major players are Volkswagen, Toyota Motor Corporation, Daimler AG, Ford Motor Company and Honda Motor Company. These players make joint ventures, partnerships and launch new products with advanced technology to dominate their competitors. For instance, in 2020, Toyota launched KINTO, a single brand for mobility services in Europe. Similarly, in 2021, Ford announced a new strategy to go all-electric in Europe by 2030.

 

Renub Research latest report titled "Europe Automotive Vehicle Market, By Category (EV Volume, HEV Volume, PHEV Volume, MHEV Volume, NGV Volume, FCEV Volume, Diesel Volume and Petrol Volume), Company (Volkswagen, Toyota Motor Corporation, Daimler AG, Ford Motor Company and Honda Motor Company)" provides a detailed analysis of Europe Automotive Vehicle Market

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-automotive-vehicle-market-p.php

 

By Category – Europe Automotive Volume have been covered from 8 viewpoints:

1.    Electric Vehicle (EV) Volume

2.    Hybrid Electric Vehicle (HEV) Volume

3.    Plug-in Hybrid Electric Vehicle (PHEV) Volume

4.    Mild Hybrid Electric Vehicle (MHEV) Volume

5.    Natural Gas Vehicle (NGV) Volume

6.    Fuel Cell Electric Vehicle (FCEV) Volume

7.    Diesel Vehicle Volume

8.    Petrol Vehicle Volume

 

Company Insights:

    Overview

    Recent Development & Strategies

    Financial Insights

 

Company Analysis:

1.    Volkswagen

2.    Toyota Motor Corporation 

3.    Daimler AG 

4.    Ford Motor Company

5.    Honda Motor Company

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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United States Energy Drink Market Industry Trends, Forecast 2021-2027

posted October 26, 2021   category » united states energy drink market

In the United States, energy drinks' consumption has gained immense popularity among the millennial population over the last decade, and it has now become a multibillion-dollar industry. It is an integral part of social gatherings, parties, and celebrations in the United States. An energy drink contains stimulant compounds, usually caffeine, which is marketed as providing mental and physical stimulation. It is not carbonated and contains sugar, other sweeteners, herbal extracts, taurine, and amino acids. According to Renub Research, United States Energy Drink Market will be US$ 28.25 Billion by 2027.

 

Factors Driving Energy Drink Market of United States

Besides, the massive consumption of energy drinks and the huge coffee experience in the United States has promoted the idea of energy shots into the mainstream, a major factor driving the sales of energy drinks in the country. The expanding health consciousness among individuals, along with sedentary lifestyles and busy schedules of working professionals, is shifting consumer preferences towards functional beverages. This, in turn, is continuing to fuel the growth of the United States energy drink industry.

 

Additionally, the consumption of energy drinks has turned into a status symbol, especially for the youth residing in urban areas. This has happened in an increased dependence on energy drinks. Specific clean-label claims, like non-organic, natural and organic, among others, are influencing consumers, primarily teenagers and young adults (major target consumers), who indulge in sports activities.

 

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=united-states-energy-drink-market-p.php

 

United States Energy Drink Market was US$ 19.63 Billion in 2020

Based on type, the United States Energy Drink Industry is segmented into Alcoholic and Non-Alcoholic Beverages. Non-Alcoholic beverages comprise sports drinks, bottled water, carbonated drinks, fruit and vegetable juices, and ready-to-drink tea and coffee. At present, a significant rise in the number of individuals participating in sports and other physical activities is catalyzing the demand for energy drinks in the United States as they help increase energy levels and enhance mental alertness and physical performance.

 

United States Energy Drink Market size will grow with a CAGR of 5.34% during (2020-2027)

Energy drink remains the most popular supplement besides multivitamins in the American adolescent young and adult population. Most of all, American male and female adolescents use these supplements regularly to maintain a healthy lifestyle. The primary reason for their use is a desire to reduce or control body fat, along with growing rates of lifestyle-related diseases, which inspired health-oriented consumers to opt for healthy and sugar-free drinks. As per Statista, in 2018, 33.85 percent of respondents aged 18 to 29 years stated they drink energy drinks regularly.

 

Based on Distribution Channels

In the United States, distribution channels such as Convenience Stores, Foodservice, Mass Merchandisers, Supermarket and others are provided energy drinks in multiple flavors and primary packaging, including plastic, glass, and metals. PET bottles and cans provide consumers with a wide range to choose their suitable drinks based on packaging and flavor.

 

Furthermore, the availability of energy drinks on e-commerce platforms has resulted in the convenience of buying goods without any physical constraints. E-commerce offers convenience and comfort and provides information regarding products, prices, benefits, and comprehensive value evaluation before committing a purchase.

 

COVID-19 Impact on United States Energy Drink Market Size

The exclusive sales of energy drinks declined considerably during the COVID-19 pandemic due to limited consumer demand as outdoor activities were refrained and a reduction in inventory by the major companies, including Monster Beverage. Additionally, the production of numerous products launches, thereby hindering the market growth over the medium term.

 

Energy Drinks Industry of USA is highly consolidated with Key Players

Companies like Red Bull, Monster Beverage Corporation, PepsiCo, National Beverage Corp, Suntory Holdings Limited and Constellation Brands working in the market are concentrating on personalization and convenience. They also provide healthy, zero-calorie, and low-sugar functional energy drinks to scale their energy drink production in the United States.

 

Renub Research latest report "United States Energy Drink Market, by Type (Alcoholic and Non-Alcoholic), Product (non-organic, natural and organic), Packaging (plastic, glass, metals and others), End-Users (Kids, Adults, Teenagers), Gender (Women, Man), Distribution Channel (Convenience Stores, Foodservice, Mass Merchandisers, Supermarket and others), Company Analysis (Red Bull, Monster Beverage Corporation, PepsiCo, National Beverage Corp, Suntory Holdings Limited and Constellation Brands)” provides complete details on United States Energy Drink Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/united-states-energy-drink-market-p.php

 

Type – United States Energy Drink Market has covered from 2 viewpoints:

1.    Alcoholic

2.    Non-Alcoholic

 

Product – United States Energy Drink Market has covered from 3 viewpoints:

1.    Non Organic

2.    Organic

3.    Natural

 

Packaging - United States Energy Drink Market has covered from 4 viewpoints:

1.    Plastic

2.    Glass

3.    Metal

4.    Other

 

End User - United States Energy Drink Market has covered from 3 viewpoints:

1.    Kids

2.    Adults

3.    Teenagers

 

Gender - United States Energy Drink Market has covered from 2 viewpoints:

1.    Women

2.    Man

 

Distribution Channel - United States Energy Drink Market has covered from 5 viewpoints:

1.    Convenience Stores

2.    Foodservice

3.    Mass Merchandisers

4.    Supermarket

5.    Other

 

All key players have been covered from 3 viewpoints

    Overview

    Recent Developments

    Financial Insights

 

Company Analysis

1.    Red Bull

2.    Monster Beverage Corporation

3.    PepsiCo

4.    National Beverage Corp

5.    Suntory Holdings Limited 

6.    Constellation Brands

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Japan e-commerce Payment Market Industry Trends, Forecast 2021-2026

posted October 22, 2021   category » japan e-commerce payment market

E-commerce payment implies digitally purchasing products and services, paying for a merchant using an electronic platform. Moreover, the digital payment method, without the use of cash or cheques, is often regarded as an online or mobile payment network. Japan has a well-developed e-commerce market and has registered sustainable growth over the years, supported by high mobile and online penetration and high consumer preference for online transactions. Consumers are increasingly shifting from cash to online payments. According to Renub Research, Japan's E-commerce Payment Market is projected to reach US$ 297.87 Billion by 2026.

 

In recent years, the e-commerce payment industry in Japan has been undergoing tremendous growth. It is projected to accelerate as the trend is moving toward mobile purchases and online shopping. Moreover, with the reputation for embracing technology and being at the forefront of digital innovation, Japan's e-commerce payments growth has been accelerated by ease and convenience. As per our analysis, despite Japan's typically rapid adoption of new technologies, mobile commerce payment uptake remains relatively low, accounting for more petite than the e-commerce payment market. An ongoing inclination can describe this for desktops and a large ageing population, which is more reluctant than younger generations to adopt smartphones.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=japan-e-commerce-payment-market-p.php

 

By Payment Method, Card, Cash, Bank Transfer, and Digital Wallet have become the most commonly used e-commerce payment mechanisms in Japan. As per our analysis, the card is the most popular online payment method in Japan, with bank transfer the next on the list. Among all the types of cards, credit cards are more likely to be used than debit cards to complete an online shopping transaction. Bank transfers, known as furikomi, are the second-most utilized payment method in Japan. PayEasy, a popular domestic bank transfer service, offers the ability for shoppers to pay at post offices, banks, and automated teller machines in Japan.

 

In addition, By Segment, the primary five categories contributing to the Japan E-commerce Payment Market are food & personal care, furniture & application, toys, hobby & DIY, electronics & media, and fashion. The e-commerce market in Japan presents an opportunity for international merchants to court an audience with money to pay and an urge for fashion, electronics & media & toys, hobby & DIY. Moreover, Japan's unique online shopping events also boost e-commerce payment growth. Japan's E-commerce Payment Industry is likely to grow at a CAGR of 7.01% from 2020-2026.

 

The Japanese merchants are adopting on-premise digital payment solutions owing to security-related benefits. The on-premise digital payment solutions help enterprises improve their security level and thereby increase customer satisfaction. Besides, in Japan, numerous platforms are operating through a wide array of products & services. A few names can also be highlighted for especially standing out due to their importance in the Japanese economy. Rakuten Group, Suica, PayPay, Origami, and merPay are some of the few renowned platforms operating in the E-commerce Payment Market. Our research suggests that Japan's E-commerce Payment Industry was US$ 198.36 Billion in 2020.

 

COVID-19's impact on Japan's e-Commerce payment market:

As the government of Japan has declared a state of emergency due to the pandemic COVID-19, the online payment market in Japan was widely accepted in a rapid accelerated motion since the first half of 2020. Furthermore, with social distancing rules in Japan and the closure of many brick-and-mortar stores, shoppers also embraced online channels even for day-to-day shopping. As Japanese consumers embrace online shopping, the use of electronic payments is expected to rise further as consumers are moving aside from cash-based payments due to fear of getting infected and ease of making transactions.

 

Renub Research latest report “Japan's E-commerce Payment Market, Forecast Market Analysis (E-Commerce Payment Market and M-Commerce Payment Market), Payment Method (Card, Cash, Bank Transfer, Digital Wallet and Other), By Segment (Food & Personal Care, Furniture & Application, Toys, Hobby, DIY, Electronics & Media and Fashion), Companies (Rakuten Group, Suica, PayPay, Origami, and merPay)” provides a detailed analysis of Japan eCommerce Payment Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/japan-e-commerce-payment-market-p.php

 

Japan eCommerce Payment Market Analysis has been done from 2 viewpoints:

1.    E-Commerce Payment Market

2.    M-Commerce Payment Market

 

Payment Method – Japan Ecommerce Payment Market has been covered from 5 viewpoints:

1.    Card

2.    Cash

3.    Bank Transfer

4.    Digital Wallet

5.    Other

 

Segment – Japan e-commerce Market has been covered from 5 viewpoints:

1.    Food & Personal Care

2.    Furniture & Application

3.    Toys, Hobby, DIY

4.    Electronics & Media

5.    Fashion

 

Company Insights:

    Overview

    Recent Development

 

Company Analysis:

1.    Rakuten Group

2.    Suica

3.    PayPal

4.    Origami

5.    merPay

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Europe Olive Oil Market Industry Trends, Forecast 2021-2027

posted October 22, 2021   category » europe olive oil market

In the long term, olive oil is considered the most productive sector in Europe. It is an integral part of the consumption patterns of European consumers, like the rising interest in healthier cooking and the Mediterranean diet. Olive oil is a potent anti-inflammatory agent and has been seen to protect against heart disease. It lowers blood pressure and infection while also preserving LDL particles from oxidation and possibly preventing blood clotting. The increasing interest in trying out exotic cuisines like Italian and Spanish has mainly contributed to the increased popularity of olive oil across Europe.

 

Further, the olive oil industry is experiencing robust growth in Europe primarily due to the increasing demand for olive oil across the food service and retail channels. Maintaining overall fitness and wellness by shifting to healthier oil alternatives mainly drove the market's growth. One of the major factors supporting the development of the olive oil market is the expanding interest in natural, cold-pressed and raw oils attributed to their safer and healthier counterparts. According to Renub research, Europe Olive Oil Market will be US$ 7.35 Billion by 2027.

 

Spain is the leading Producer, Exporter and Consumer of Olive Oil

Spain accounts for almost half of global olive oil production; other significant producers are Italy, Greece and Portugal. This is due to olive farming, one of the primary businesses in these countries due to the Mediterranean diet. Greece, Spain, Italy and Portugal are the primary producers and exporters in the region. Italy leads the industry in terms of imports and majorly imports olives from United States, China, Brazil, Japan and Turkey. Our research found that European Olive Oil Industry will grow with a good CAGR of 9.64% during 2020-2027.

 

Virgin Olive Oils are anticipated for strong Performance in Forecast Period

Virgin olive oils were the largest consumed oil in 2019, owing to their increasing popularity among customers attributed to the growing awareness regarding their health advantages in Europe. Omega-3 and oleic acid in virgin oil help prevent lifestyle-related disorders such as obesity and cardiovascular diseases. The extra virgin oil is projected to exhibit substantial growth in Europe due to its rising utilization in Pharmaceuticals, the cosmetics industry and cooking. Besides, European households use extra virgin oil for cooking; it is widely used in personal care products like skincare for various purposes such as massages, sports injuries, and to reduce muscle fatigue, among others. As per this research report, Europe Olive Oil Market Size was US$ 3.86 Billion in 2020.

 

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=europe-olive-oil-market-p.php

 

Growing Use of Olive Oil in European Retail and Foodservice Sector Propels Market Growth

Besides, the growing awareness regarding the role of olive oil in keeping good health has remarkably raised the demand for various types of olive oil in European retail channels. On the other side, retail has remained one of the most dynamically developing realms that enable olive oil market players to regularly be on their toes to discern their target customers and maintain a customized approach.

 

In addition, the foodservice sector in Europe used olive oil for salad dressing and preparing cold foods. Olive oil is widely utilized for the manufacturing of various food products, essentially healthy snacks. The growing demand for healthy snacks among users has necessitated manufacturers to incorporate nutrient-rich ingredients such as olive fruit oil to improve the value of the final product.

 

Impact of COVID-19 Pandemic on Europe Olive Oil Industry

The demand and sale of olive oil have observed a sudden slump because of the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries has resulted in the disruption of trade activities, which has slowed the growth of this industry. However, now with the improved situation the market of Europe Olive Oil is expected to revive in years to come.

 

Key Players in the European Olive Oil Industry

Some of the market's key players include Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited, which continuously research. Players in the Olive Oil Market adopt many essential strategies. For instance, in 2020, Deoleo, the world's leading olive oil producer with brands such as Bertolli extra virgin olive oil, leads in biodiversity.

 

Renub Research latest Report "Europe Olive Oil Market By Volume analysis (Production (Spain , Italy, Greece, Portugal, Others) Consumption , Import, Export) By Type (Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc) By Industry (Pharmaceuticals, Cosmetics, Cooking, Other) By End-User (Food Service, Food Processing, Retail) By Company Analysis (Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited)” studies the European Olive Oil Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-olive-oil-market-p.php

 

Europe Olive Oil Volume Analysis

1.    Production

2.    Consumption

3.    Import 

4.    Export

 

Country – Olive Oil Production Volume

1.    Spain

2.    Italy

3.    Greece

4.    Portugal

5.    Others

 

Type – Global Olive Oil Market breakup from 3 viewpoints

1.    Extra Virgin Oil

2.    Virgin Oil

3.    Other (Lampante, Pomace, etc)

 

Industry - Global Olive Oil Market breakup from 3 viewpoints

1.    Pharmaceuticals

2.    Cosmetics

3.    Cooking, Other

 

End-User - Global Olive Oil Market breakup from 3 viewpoints

1.    Food Service

2.    Food Processing

3.    Retail

 

All key players have been covered from 3 viewpoints

    Overviews

    Recent Developments

    Revenues

 

Company Analysis

1.    Deoleo, S.A,

2.    Del Monte Foods

3.    Unilever Group

4.    Semapa

5.    Bunge Limited

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Biological Organic Fertilizers Market Global Forecast 2021-2027

posted October 22, 2021   category » biological organic fertilizers market

The continuous decline of the earth's natural resources and increased use of hazardous chemical fertilizers pose great concern for the future of agriculture. Biofertilizers are a promising alternative to dangerous chemical fertilizers and are gaining importance for attaining sustainable agriculture. Biological organic fertilizer refers to materials used as fertilizer that occur regularly, usually as a by-product or end product of a naturally occurring process. It is primarily derived from animal-based and plant-based mineral ores, residues and beneficial microorganisms.

 

Furthermore, factors that drive the global biofertilizers industry include an increase in the level of nitrogen and phosphorus available to plants more naturally than other fertilizers and soil improvement by restoring its normal fertility. In addition, biofertilizers boost quality and soil texture, which helps plants grow better during severe conditions, such as drought. Moreover, biofertilizers are affordable and easy-to-use options for manufactured petrochemical products. According to Renub Research, Global Biological Organic Fertilizers Market will be US$ 3.1 Billion by 2027.

 

Based on Product Type, the Biological Organic Fertilizer Market Includes Microorganisms and Organic Residues

Microorganisms are commonly used as biofertilizers, including nitrogen-fixing and phosphate-solubilizing; the microorganisms present restore their nutrient cycle and enhance the soil's health. Most soils are deficient in phosphorus, an essential macronutrient apart from microorganisms such as azobacter, rhizobium, azospirillium and others. Rhizobium inoculant is used for leguminous crops. Azotobacter can be used with wheat, maize, mustard, cotton, potato and other vegetable crops.

 

By Application, Seeds Treatment holds the lion’s Market Share

The selected strains of useful soil microorganisms used for seed treatment, soil treatment and root dripping or soil application are particularly gaining popularity among the farming communities. As per this research report, Worldwide Bio Organic Fertilizer Market Size will grow with a double-digit CAGR of 12.03% during (2020-2027).

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=biological-organic-fertilizers-market-p.php

 

Regional Analysis: Asia-Pacific is emerging as a huge market for Biological Organic Fertilizers

Worldwide, Asia-Pacific and Europe are the largest markets, followed by North America. The consumption of organic fertilizers in Asia-Pacific is increase with rising awareness among the farmers about the benefits of bio-based and organic residue-based fertilizers. The regional demand is concentrated among major agriculture-based countries like China, India and Vietnam, while China and India are leading the industry developments.

 

In addition, the Asia-Pacific region is majorly influenced by the Chinese market. China's Ministry of Agriculture issued a pilot plan for fertilizer replacement in around 100 districts of China, which aimed to reduce chemical use fertilizer by at least 20% in 2020. At present, the number of organic fertilizer manufacturers has been rising each year. Some more prominent fertilizer manufacturers have also stepped into the industry. As per our research findings, Biological Organic Fertilizer Industry was US$ 1.4 Billion in 2020.

 

Impact of COVID-19 on Biological Organic Fertilizer Market

The COVID-19 pandemic has impacted the biological organic fertilizer industry, resulting in the slow growth of the market during the forecast period. Effective policies from the government and the implementation of reasonable practices can help companies gain profits post the immediate effects of the pandemic.

 

The Biological Organic Fertilizers market is highly consolidated with key players

National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarujuna fertilizers and Chemicals Ltd are some of the key market players in the biofertilizer market.

 

Renub Research latest report “Biological Organic Fertilizers Market by Type (Nitrogen Fixing, Phosphate Solubilizing and Others), Application (seed treatment, soil treatment and root dripping), Product type(Microorganism – Azospirillum, Cyanobacteria, Phospate-Solublizing Bacteria, Azolla ,Aulosira, Rhizobium, Azotobacter, Other Organic Residues - Farm Yard Manure, Crop Residue, Green Manure, Other Products), Crop type (Cereals, Pulses & Oilseeds, Fruit & Vegetables, Others), Region (North America, Europe, Asia- Pacific, South America and Middle East & Africa), Company Analysis (National Fertilizers, Madras Fertilizers, Seek Biotechnology Co. Ltd, Coromandel International, Nagarujuna fertilizers and Chemicals Ltd)” provides complete details on Biological Organic Fertilizers Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/biological-organic-fertilizers-market-p.php

 

Type - Biological Organic Fertilizers Market has covered from 3 viewpoints:

1.    Nitrogen Fixing

2.    Phosphate Solubilizing

3.    Others

 

Mode of Application - Biological Organic Fertilizers Market has covered from 3 viewpoints:

1.    Seed Treatment

2.    Soil Treatment

3.    Root Dripping

 

Product Type - Biological Organic Fertilizers Market has covered from 2 Segments and its Sub-segments

Microorganism

1.    Azospirillum

2.    Cyanobacteria

3.    Phospate-Solublizing Bacteria

4.    Azolla

5.    Aulosira

6.    Rhizobium

7.    Azotobacter

8.    Other

 

Organic Residues

1.    Farm Yard Manure

2.    Crop Residue

3.    Green Manure

4.    Other Products

 

Crop Type - Biological Organic Fertilizers Market has covered from 4 viewpoints:

1.    Cereals

2.    Pulses & Oilseeds

3.    Fruit & Vegetables

4.    Others

 

Region - Biological Organic Fertilizers Market has covered from 5 viewpoints:

1.    Europe

2.    Asia-Pacific

3.    North America

4.    South America

5.    Middle East & America

 

All key players have been covered from 3 viewpoints

    Overview

    Recent Developments

    Financial Insights

 

Company Analysis

1.    National Fertilizers

2.    Madras Fertilizers

3.    Seek Biotechnology Co. Ltd

4.    Coromandel International

5.    Nagarujuna fertilizers 

6.    Chemicals Ltd

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Tea Market Size will grow with a CAGR of 7.15% from 2020 to 2026

posted October 22, 2021   category » global tea market

According to the latest report by Renub Research, titled "Global Tea Market By Type, Packaging, Distribution Channel, Application, Region, Company Analysis, & Forecast" Worldwide Tea Industry was valued at US$ 47.4 Billion in 2020. Worldwide tea has a long history of popularity; it is believed to have arisen in China, with records of its usage dating back to the 3rd century AD. It is an aromatic drink prepared by pouring hot or boiling water over cured or fresh leaves of Camellia sinensis, an evergreen shrub native to China and East Asia. Furthermore, after water, tea is the most extensively consumed drink in the world. Tea is a rich source of antioxidants and offers numerous health benefits such as reducing weight loss, risk of heart attack and stroke, maintaining bone health, boosting immunity, and enhancing digestion.

 

Tea has been trendy in the emerging market, owing to the prevalence of tea culture. An increase in health awareness and a rise in disposable income have aided the tea industry growth. Another significant factor driving the growth of tea is its strong consumer acceptance. The rapid expansion of the food and beverage industry has also significantly contributed to the tea market growth. According to Renub Research, Global Tea Market is anticipated to be USD 71.8 Billion by the year 2026. 

 

Besides, there are many different types of tea such as Green Tea, Black Tea, Oolong Tea, Herbal Tea and Others Tea. Green tea is recognized for its antioxidant properties. Hence, it is increasingly consumed by pregnant women, health-conscious people, and the older population. Oolong tea is a mixture of black and green tea and effectively prevents high blood cholesterol levels and type 2 diabetes. Herbal and green teas such as chamomile and jasmine are also widely used to remedy blemish-free skin and healthy hair, propelling the product demand. 

 

In Addition, Distribution Channel such as Supermarkets/ Hypermarkets are continuously evolving, and the investors are capitalizing on purchasers' comforts to allow an easy buying experience. The adoption of venerable technologies and equipment on the floor help retailers to provide good quality tea with packaging such as Plastic Container, Loose Tea, Paperboards, Aluminum Tins, and Tea Bags to the consumers. 

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=global-tea-market-p.php

 

North America Tea Market 

Tea consumption in North America is encouraged by consumer's search for new non-alcoholic beverages above fruit juices and carbonated drinks. Customers are growing an affinity for tea due to its bag version, which offers enhanced convenience, thus, providing a suitable, convenient, and healthy alternative to juices and carbonates. Healthy hydration transfers the ability of tea to provide instant refreshment and mild stimulating benefits that are not considered detrimental, which is otherwise the case with coffee and other energy drinks.

 

As per the Tea Association of the U.S.A, tea is the only beverage commonly served hot or iced, anytime, for every occasion. On any given day, up to 159 million Americans are drinking tea. Around the world, about 3.7 billion cups of tea are consumed daily in 2020. Our research says that the Global Tea Market Size will grow with a CAGR of 7.15% from 2020 to 2026.

 

China is the largest tea producer in Asia- Pacific, followed by India, Kenya, Sri Lanka, and others. This has created a sizeable middle-class group, with a preference for premium tea blends and brands, often upgrading their purchases from unpackaged tea to packed and bagged specialty varieties.

 

Impact of COVID-19 on Tea Industry

The global supply chain of different types of teas has experienced a sudden disturbance due to the outbreak of the COVID-19 pandemic. Nationwide lockdowns in multiple countries have resulted in the disruption of trade activities, which has slowed the growth of the tea industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/global-tea-market-p.php

 

Company Performance:

Tata Global Beverages, Unilever, Associated British Foods Plc., Nestle S.A., Tenfu (Cayman) Holdings Company Limited are some of the key tea companies. These key players have focused on leveraging opportunities posed by emerging industries to develop their product portfolio, further expanding their market share. To obtain a competing advantage in the market, companies' offer, quality, taste, flavors, price, functionality, size, packaging, and marketing/branding activities. For instance, in March 2020, Unilever and its partner PepsiCo launched two new varieties of tea, watermelon and white peach. This launch has enabled the company to expand its product portfolio to tap into modern consumer demands. 

 

Report Summary

  1. Type - We have covered by type in the Global tea market breakup by 5 Sub-segments (Green Tea, Black Tea, Oolong Tea, Herbal Tea and Others Tea)
  2. Packaging - This report has covered by Packaging in the Global tea market breakup by 5 viewpoints (Plastic Container, Loose Tea, Paperboards, Aluminum Tins, and Tea Bags)
  3. Distribution Channel - Our Report has covered by Distribution Channel in the Global tea market breakup by 5 viewpoints (Supermarkets/ Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Others)
  4. Application – Renub research Report has covered by application in the Global tea market breakup by 2 viewpoints (Residential, Commercial)
  5. Regions – Our Report covered by Region in the Global Surgical Robotics market breakup by 5 viewpoints (North America, Europe, Asia-Pacific’s, South America, Middle East & Africa)
  6. All the key companies have been covered from 3 Viewpoints (Overview, Recent Development, Revenue Analysis) Tata Global Beverages, Unilever, Associated British Foods Plc. , Nestle S.A., Tenfu (Cayman) Holdings Company Limited

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Aerostat Systems Market, Impact of COVID-19, By Product, Companies, Forecast By 2027

posted October 14, 2021   category » aerostat systems market

An aerostat is essentially an aerodynamically shaped balloon that is tethered to the ground. They are made of large fabric envelopes filled with helium or hot air and have an optimal reach of around 4,600 m in height. Aerostat systems are used for various applications, including information gathering, surveillance and scientific research. They are durable, eco-friendly and cost-effective, as well as have high structural integrity. According to Renub Research, Aerostat Systems Market is projected to reach US$ 21.26 Billion by 2027.

 

Coronavirus Pandemic Impact on Aerostats Systems

However, the outbreak of the coronavirus disease (COVID-19) and the imposition of lockdown in several countries have disrupted operations at the production units of aerostat systems globally. It has negatively affected the market because of the temporary closures of several manufacturing units and the disruption of the supply chain.

 

Factors Driving Aerostat Industry

Further, increasing territorial tensions, terrorism, and border infiltrations worldwide are propelling the militaries to enhance their battlefield data-sharing capabilities. This has resulted in several countries adopting the aerostatic system as an alternative. Aerostat systems work 24/7 for weeks or even months at a time, offering persistent surveillance.

 

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=aerostat-systems-market-p.php

 

That is why governments all over the globe have started promoting the utilization of aerostat systems for different military applications, including surveillance and border security. Aerostat systems are increasingly being used for communicating signs that indicate natural disasters, civil unrest and crimes within a country. As per our research findings, Aerostat Systems Market Size was US$ 7.64 Billion in 2020.

 

The Military and Law Enforcement Segment has the Largest Market Share

Based on Application, The aerostat systems market includes Military, Law Enforcement, Commercial and Environmental Research. The military and law enforcement segment has the largest market share. This is primarily due to increased demand for aerostat systems products like Airship, Balloons and Hybrid to support intelligence, surveillance, reconnaissance missions and enhance network communications capabilities in land and sea platforms.

 

Additionally, aerostats are also becoming popular for commercial applications, like internet connectivity. Aerostats are promptly expanding LTE networks and 5G technology in remote areas at a significantly low cost and energy. As per our Report, Aerostat Systems Industry is likely to grow at a double digit CAGR of 15.74% during (2020- 2027).

 

Regional Analysis of Aerostats Systems Market Size

North America is the most comprehensive market for aerostat systems globally and is also spending heavily on aerostat systems for surveillance and communication purposes. In 2019, a sum of US$ 300,000 was granted by the Federal Department of Homeland Security to Las Vegas Police Department to enhance the city's surveillance. The rising Application of aerostat in military operations and homeland security significantly demand aerostat systems in the North American region.

 

Moreover, the increasing terrorist activities and territorial tension between different countries in the Asia Pacific region result in the rising need for high surveillance units and the growing intelligence among countries. Aerostats systems are used in these regions to extend the nation's intelligence and police investigation capabilities.

 

Key Players Performance in Aerostat Systems Industry

Leading manufacturers such as ILC Dover, LP, Lockheed Martin Corporation, Raven Industries Inc., Raytheon Company and Thales Group are collaborating with telecommunication service providers to improve the telecommunication network quality. For instance, Raven Industries received a US$ 10.4 Million contract in 2019 for its TIF-25K aerostat systems to be deployed in Afghanistan.

 

Renub Research latest report “Aerostat Systems Market by Product (Airship, Balloons and Hybrid), Application (Military, Law Enforcement, Commercial and Environmental Research), End User (Government, Private Sector), Region (Asia Pacific, North America, Latin America, Europe, Middle East & Africa), Company Analysis (ILC Dover, LP, Lockheed Martin Corporation, Raven Industries Inc., Raytheon Company and Thales Group)” provides a detailed analysis Aerostat Systems Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/aerostat-systems-market-p.php

 

Product – Aerostat Systems Market have been covered from 3 Viewpoints:

1.    Airship

2.    Balloons

3.    Hybrid

 

Application – Aerostat Systems Market have been covered from 4 Viewpoints:

1.    Military

2.    Law Enforcement

3.    Commercial

4.    Environmental Research

 

End User – Aerostat Systems Market have been covered from 2 Viewpoints:

1.    Government

2.    Private Sector

 

Region – Aerostat Systems Market have been covered from 5 Viewpoints:

1.    Asia Pacific

2.    North America

3.    Europe

4.    Latin America

5.    Middle East & Africa

 

Company Insights:

    Overview

    Company Initiatives

    Sales Analysis

 

Companies Covered:

1.    ILC Dover, LP

2.    Lockheed Martin Corporation

3.    Raven Industries Inc.

4.    Raytheon Company 

5.    Thales Group

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Halal Cosmetics Market, Impact of COVID-19, by Product Type, Companies, Global Forecast by 2027

posted October 14, 2021   category » global halal cosmetics market

As per Islamic law, Halal denotes permissible and lawful, whereas haram means prohibited. According to Islamic law, the term halal-haram rule is a part of the entirely legal system.” Halal” is often associated with food. Moreover, Halal cosmetics products are gaining traction and surging demand among 2.4 billion Muslim populations worldwide. Apart from the Muslim population, the non-Muslim population attributes these products with ethical consumerism and more stringent quality assurance standards. Halal cosmetics should not contain ingredients derived from blood, pig, human body parts, predatory animals, reptiles, insects, etc. The Worldwide Halal Cosmetics Market Size was valued at US$ 29.13 Billion in 2020.

 

By Product - Color Cosmetics Product is anticipated to Grow Rapidly

Globally, the demand for halal cosmetics products among consumers is surging. But the development of halal cosmetics and the assessment of their product performance are still in their infancy, as cosmetics production is still dominated by the non-halal sector globally. Furthermore, there is a worldwide dearth of guiding documents on the development and assessment techniques in the production of comprehensively Halal Cosmetics. This report covers the global halal cosmetics market into Personal care products, Color cosmetics, Fragrances and Other products. By product, Color cosmetics product is anticipated to grow rapidly due to the younger population rising because of lifestyle changes. As per this report, Global Halal Cosmetics Industry will grow with double-digit CAGR of 19.97% during 2020-2027.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=halal-cosmetics-market-p.php

 

Factors fuelling Market Growth for Halal Cosmetics Industry

Increasing Muslim population worldwide, surging halal-certified cosmetics manufacturers, growing demands of organic color cosmetics, Online channels, most probably ecommerce and social media playing a crucial role among younger consumers globally hence giving traction to this market growth. However, high costs associated with products and lacks of standard guidelines for halal certification are some of the challenges facing this market.

 

By Region - Asia-Pacific’s Region dominates the Halal Cosmetics Industry Globally

We have studied the global halal food market into North America, Europe, Asia-Pacific’s, and South America & Middle East. Among all other regions, Asia-Pacific’s region dominates the halal cosmetics industry worldwide. As most of the Muslim population belongs to this region simultaneously, the market penetrate both big and small sizes with a wider range of products is one of the prime reasons for the rise of this market in the Asia-Pacific’s region. According to Renub Research, Global Halal Cosmetics Market is expected to be US$ 104.17 Billion in 2027.

 

COVID -19 Impacts on Halal Cosmetics Industry

Across the globe, the halal cosmetics market have taken a hit by the COVID-19 pandemic and gives room to new products such as hand sanitizers, cream, eye care etc. As the mask-wearing, restrictions, and social distancing became a norm. Due to the pandemic, recovery of the cosmetics product market is expected to be sluggish in 2021, but it will recover during the forecast period as per Renub Research projection. The major players covered in the global halal cosmetics market are Amara Cosmetics, S&J International Enterprises, Ester Lauder Companies, L’Oréal.

 

Renub Research latest report titled “Halal Cosmetics Market, Global Forecast by Product (Personal care products, Color cosmetics, Fragrance and Other products) Application (Skin Care, Hair Care, Beauty Care, Others) Distribution Channel (Online & Offline) Regions (North America, Europe, Asia-Pacific’s, and South America & Middle East.) Company (Amara Cosmetics, S&J International Enterprises, Ester Lauder Companies, L’Oréal)" provides comprehensive details on Global Halal Cosmetics industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/halal-cosmetics-market-p.php

 

Product Type –Market breakup from 4 viewpoints

1.    Personal Care Products

2.    Color Cosmetics

3.    Fragrances

4.    Other Products

 

Applications – Market breakup from 4 viewpoints

1.    Skin Care

2.    Hair Care

3.    Beauty Care

4.    Other

 

Distribution Channels – Market breakup from 2 viewpoints

1.    Online 

2.    Offline

 

Region – Market breakup from 5 viewpoints

1.    North America 

2.    Europe 

3.    Asia-Pacific 

4.    South America 

5.    Middle East and Africa

 

All key players has been covered from 3 viewpoints

    Overview

    Recent Development

    Revenue

 

Company Analysis

1.    Amara Cosmetics

2.    S&J International Enterprises

3.    Ester Lauder Companies

4.    L’Oréal

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

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Sports Medicine Market, Impact of COVID-19, By Product Type, Companies, Global Forecast by 2027

posted October 14, 2021   category » sports medicine market

Sports medicine is a type of medicine that focuses on improving people's athletic abilities. Sport medicine products aid in the recovery of injuries as well as the prevention of future injuries. Furthermore, sports medicine has outgrown all other healthcare fields in terms of growth, as healthcare practitioners in this sector can treat a wide range of people, not only athletes. The growing incidence of sports-related injuries and increased public awareness regarding physical fitness has surged in demand for the sports medicine market across the world. According to Renub Research, Global Sports Medicine Market was valued at US$ 12.1 Billion in 2027.

 

Worldwide Sports Medicine Industry has been divided into Orthopedics Devices, Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation and Accessories. By Product, Body reconstruction and repair products have generated the highest revenue among all. The increased demand for arthroscopy devices and an increase in transition from conventional open surgeries to minimally invasive surgeries employing orthobiologics are influencing this segment market. The growing use of fracture and ligament repair devices and the increasing utilization of arthroscopy equipment in minimally invasive procedures were credited with huge market share growth. As per our research findings, the market for sports medicine will grow with a healthy CAGR of 7.70% during 2021-2027.

 

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By Application

Sports Medicine is most used for Knee Injuries as Knee injuries are one of the most prevalent injuries sustained when participating in sports or other physical activity. This is because excessive running and jumping causes knee joint wear and strain. Knee injuries are quite common, according to the British Journal of Sports Medicine, accounting for roughly 41% of all sports injuries. Orthopaedic clinics use most sports medicine due to the increase of these types of injuries. As per this research report, Worldwide Sports Medicine Market Size was US$ 7.2 Billion in 2020.

 

Factors Driving Sports Medicine demand Globally

    Rising prevalence of sports injuries

    Continual invention of new goods and treatment modalities

    And increased desire for less invasive operations are all driving the industry forward.

 

Facts about Sports Medicine

    According to a February 2020 article by Sarah Megginson, 89 per cent of Australian adults participate in sports every year, with 62 percent doing so at least three times per week.

    The demand for injury treatment and rehabilitation is predicted to rise around the world as more people participate in sports (both children and adults) and as the incidence of sports injuries will increase.

 

This is viewed as a favorable indicator of the sports medicine market's expansion. However, one of the significant challenges the global sports medicine market faces is the high cost of implants. Many developing countries, such as India, where patients do not have insurance coverage, it is hard for them to pay such a big amount to hospitals for their treatment.

 

COVID- 19 Impacts

Most international, regional, and national sports activities have been postponed to combat the disease, resulting in fewer sports injuries and, as a result, a decrease in demand for sports medicine. For example, the emergence of COVID-19 in April 2020, the Confederation of African Football stated their intention to move the African Champions League semi-finals. But the market will recover in 2021 and will increase during the forecast period as per Renub Research anticipation.

 

Renub Research new report titled “Global Sports Medicine Market by Product (Orthopedics Devices, Body Support & Recovery, Body Reconstruction & Repair, Body Monitoring & Evaluation and Accessories), Application (Hand & wrist, Shoulder Injury, Ankle - foot Injury, Arm - elbow Injury , Knee Injury, Back - spine Injury and Hip - groin Injury) End Users (Hospitals, Ambulatory, Clinics and Other), Region (North America, Asia- Pacific’s, Europe, ROW), Company (ZIMMER BIOMET HOLDINGS, INC., MEDTRONIC PLC, Smith & Nephew, Stryker)" provides comprehensive details about Global Sports Medicine industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/sports-medicine-market-p.php

 

Product Type –Market breakup from 5 viewpoints

1.    Orthopedics Devices

2.    Body Reconstruction & Repair

3.    Body Support & Recovery

4.    Body Monitoring & Evaluation

5.    Accessories

 

Application – Market breakup from 7 viewpoints

1.    Hand & wrist

2.    Shoulder Injury 

3.    Ankle - foot Injury 

4.    Arm - elbow Injury 

5.    Knee Injury 

6.    Back - spine Injury 

7.    Hip - groin Injury

 

End Users– Market breakup from 4 viewpoints

1.    Hospitals

2.    Ambulatory

3.    Clinics

4.    Other

 

Region – Market breakup from 5 viewpoints

1.    North America

2.    Europe

3.    Asia Pacific

4.    Rest of World

 

All companies have been covered from 3 viewpoints

    Overviews

    Recent Developments

    Financial Insights

 

Company Analysis

1.    ZIMMER BIOMET HOLDINGS, INC.

2.    MEDTRONIC PLC

3.    Smith & Nephew

4.    Stryker

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Autonomous Vehicles Market will reach USD 325.9 Billion by 2030

posted October 13, 2021   category » global autonomous vehicles market

According to the latest report by Renub Research, titled "Autonomous Vehicles Market by Driverless Car Levels, Hardware, Software, Regions, Companies, Global Forecast" Global Autonomous Vehicles Market will reach USD 325.9 Billion by 2030. The recent decades have seen a rapid advancement in transport technologies. Looking ahead, the advent of autonomous vehicle technology is one of the numerous impressive advancements, which ensures to change the way people and goods are transported across the world. Autonomous or driverless vehicles have the potential to improve transport options further.

Moreover, by removing the need for a human driver, autonomous vehicles are widely expected to increase accessibility for people who cannot drive themselves. In addition, it also reduces the cost of using taxis and delivery services; reduces the demand for on-street parking; increase road safety and capacity; increase the demand for short-stay, on-street parking.

Furthermore, while autonomous vehicles (A.V.s) are an emerging technology in surface transportation, it has enormous potential to transform the way individuals and communities interact with the built environment. Also, the widespread use of A.V.s substantially impacts greenhouse gas emissions of the transportation sector, which is accountable for the largest share of emissions in the global market.

Millennial and Urban population will have more trust on Self Driving Vehicles

Remarkably, the millennial (under 35) and urban/suburban consumers tend to be more favourable than rural areas and small towns. Millennials resemble to have fewer issues trusting autonomous vehicles, explaining the more positive outlook towards self-driving cars. Moreover, millennials are more welcoming of smart tech in their daily routines. Considerably, the vast majority of those transportation emissions are from cars and trucks, many of which could be replaced with A.V.s. Hence, globally, the evolution of A.V.s from their initial testing phase has become a concrete reality for consumers for numerous generations worldwide.

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Furthermore, when talking about autonomous vehicles, each vehicle has a range of autonomous capabilities. The Society of Automotive Engineers (SAE) International instituted its SAE J3016™ "Levels of Automated Driving" standard to classify autonomous vehicles. Its levels range from 0-5, and a higher number designates an increase in autonomous capabilities. As per our analysis by Level of Driving, we have studied (L3, L4 & L5) and Worldwide Driverless Cars Market will be USD 10.1 Billion this year 2021.

Types of Level

  • Level 3- Limited Self-Driving Automation Drivers cede all safety-critical functions following certain conditions and rely on the vehicle to advise when conditions require transition back to driver control.
  • Level 4– Self-Driving Under Specified Conditions: Vehicles can perform all driving functions under specified conditions.
  • Level 5- Full Self-Driving Automation: Vehicles can perform all ambitious tasks on standard road types, speed ranges, and environmental conditions.

Additionally, by technology, the autonomous vehicles market globally is making significant investments in hardware and software capabilities and testing and piloting vehicles. Moreover, the initiatives and the considerable attention that autonomous vehicles have been generating in the media for some time now have also resulted in significant consumer awareness. We expect the Self Driving Cars to grow with a staggering CAGR of 47.1% from 2021 to 2030.

United States & Europe are the Drivers of Self Driving Car Market

Notwithstanding, growth of the mobility as a service sector in regions is expected to provide an impetus to the autonomous car market. Prominently, America expects to witness a significant increase in the years to come owing to reformations in traffic ordinances in the U.S. to incorporate autonomous vehicles on public roads. The code is slowly being adopted across all the U.S. states to make transportation fully autonomous.

Similarly, Europe has also emerged as a potentially lucrative driverless car market in the years to come owing to the growing adoption of innovative technology and increasing consumer preference for technologically advanced products. To be specific, as reported by BBC News in the month of April 2021, the U.K. government is also supporting the adoption of self-driving vehicles which would be allowed on U.K. roads by the end of this year.

Companies working in the Driverless Car Market

The Autonomous Vehicle Market is fragmented, with the top international players like Apple, Google and Mercedes–Benz capturing the overall market. Our analysis suggests that companies studied now better compete with the giants in the A.V. market. Intense global competition also forces critical players to examine their business practices and evaluate means to meet the global challenges in the industry.

The COVID-19 crisis rages: Due to COVID-19, public life in numerous countries is grinding to a halt. The human toll has been enormous, with the patient caseload and deaths increasing exponentially worldwide. The coronavirus has forced the A.V. industry to cease or slow down its operations on the economic side.

Automotive Vehicles and players within the mobility industry are among the hardest hit. Over the long term, COVID-19 impacts mobility as it drives change in the macroeconomic environment, regulatory trends, technology, and consumer behaviours. However, the market trends may vary by region, so responses and outcomes for mobility players will differ by location, with the recovery rates accordingly.

Furthermore, in the coming years' post recovery from the COVID-19 scenario, the market predicts A.V.s to have enormous potential to allow for more productive use of time spent in a vehicle and to reduce crashes, costs of congestion, energy consumption, and pollution. They may also alter vehicle ownership models and land use patterns and create new markets and economic opportunities.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/autonomous-vehicles-market-p.php

Market Summary:

Numbers– We have covered autonomous vehicles market throughSemi-Autonomous Driving and Self Driving Car. The Self Driving Car is further covered from Level 4: High Automation and Level 5: Full Automation.

Region – This report studies the market of America, Europe, the Middle East and Africa and Asia Pacific from two aspects Semi-Autonomous Driving and Self Driving Car.

Technology–  This report covers Hardware Components and Software Components.

Hardware Components – This report covers the hardware components namelyLIDAR, Radar, Camera, Actuators, Embedded Modem, Embedded Controls Hardware, Passive Components, Other Electronics & Architecture, Odometry Sensors, Ultrasonic Sensors, V2X Hardware, Mapping Hardware and HMI Hardware.

Software Components – This report covers the software components namely V2X Software, Embedded Controls Software, Mapping Software, Data Security Softwar and HMI Software

Key Players – We have studied the company by overviews and recent developments of following companies Apple, Google and Mercedes–Benz.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Global Fertilizers Market will be USD 93.9 Billion by 2027

posted October 7, 2021   category » global fertilizer market

According to the latest report by Renub Research, titled "Global Fertilizer Market by Segments, Region, Company Analysis & Forecast" As per Renub Research findings, Global Fertilizers Market will reach US$ 93.9 Billion by 2027. The global fertilizer industry has played a pivotal support role in the global agricultural sector. The growth in the use of chemical fertilizers amongst the farmers has been the source of nationwide agrarian development in many countries. Further, the fertilizers industry is distributed worldwide between three major sectors: private sector undertakings, public sector, and cooperative societies. The governments of numerous nations have also subsidized fertilizers to ensure that fertilizers are readily available to farmers and the countries remain self-sufficient in agriculture.

Additionally, an increase in agricultural product prices has led to increasing demand for fertilizers globally. Correspondingly, fertilizer raw materials such as natural gas, phosphate rock and potash faced rapidly growing realm market prices. Hence, the enduring trend has been the shift in consumption. Overall, the global fertilizer market comprises three primary nutrients, which all have essential and complementary roles in the ecological processes of plants. Amongst the three, nitrogen is the most crucial nutrient in the world. The other two primary nutrients hold phosphorus and potassium.

While nitrogen fertilizers are manufactured undeviatingly via chemical processes, the production of phosphate and potash fertilizers involves digesting and mining activities. Two critical raw materials for nitrogen fertilizers are natural gas, widely obtainable in multiple parts of the world, and air. Still, all nitrogen fertilizers are contrived from ammonia, processed directly from natural gas. The availability of raw materials advances the manufacture of ammonia, and thus nitrogen fertilizers are possible in various locations.

In addition, the global phosphorus fertilizer consumption includes phosphoric acid-based fertilizers and non-phosphoric acid-based fertilizers. The non-phosphoric acid-based fertilizers include phosphate in nitric acid-based fertilizers and superphosphate. The demand for phosphorus fertilizers has been increasing due to the growing population and rising food demand. Increasing milk and meat consumption has necessitated a large feed volume that has increased the demand for maximum forage production.

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On the other hand, potassium fertilizers are generally applied on vegetables, rice, sugar, fruits, soybean, palm oil, and cotton owing to their capability to enhance crop productivity, crop yield, increase nutrient value, and resistance from diseases and harmful parasites. The rise in cattle feed consumption and increasing purchasing power worldwide are expected to contribute to potassium fertilizer market growth. Our research suggests that Worldwide Fertilizer Market was US$ 83.5 Billion in 2020, and it is estimated to grow with a CAGR of 1.69% during the forecast period (2020-2027).

Fertilizer Consumption Increased rapidly, especially in China and India

Remarkably, fertilizer consumption has remained constant in Western Europe and North America but increased rapidly, especially in China and India. It is anticipated that the increase in world fertilizer consumption will soon come from East Asia, South Asia, and Latin America shortly. These changes in demand patterns significantly influence fertilizer trade flows, firms' investment decisions and thus, regional and global competition.

The Indian fertilizer market is mainly dependent on imports from various countries, especially potash fertilizers in South Asia. There is a deficit of raw materials in the country, and the consequent dependency on imports leads to volatile prices in the fertilizer industry. However, the new policies will help in stabilizing the raw material prices during the coming years.

Moreover, variations in crop soil and climate conditions in different regions are not effective on some crops or soils, resulting in less demand. It is expected that Potassium demand would grow most rapidly, owing to promising prospects in China, India, Brazil and Indonesia, and a rebound in Belarus. Phosphorus demand would expand more moderately, as drops in Turkey, Pakistan, and Germany partly offset increases elsewhere.

Companies Performance

The Global Fertilizers Market is fragmented, with the top international players like The Mosaic Company, Yara International, Nutrien Limited, CF Industries Holdings, Inc and K+S Group capturing the overall market. Our analysis suggests that companies studied now better compete with the giants in the fertilizer market. Intense global competition also forces large firms to examine their business practices and evaluate how to meet the global challenges in the industry.

Notwithstanding, the biggest challenges can compete with the world's leading fertilizer companies in terms of profitability and growth. As per our analysis, it can be concluded that the top firms are also hard-pressed to become more efficient in this profoundly competitive industry. Hence, in the coming years, the changing consumption patterns of fertilizers open opportunities for structural changes in the markets.

COVID-19-related Interruption to Global Production and Supply Chains remains the most prominent risk:

During 2020, COVID-19 led to sharp, short-term price rises in the fertilizers market at the farm gate. However, rural demand and needs have been buoyed and promising despite the coronavirus pandemic and macroeconomic uncertainty. This has translated into improving the underlying macros for the global fertilizer industry.

For instance, agricultural operations in India have been well-placed and have grown backed by a bumper Rabi harvest and good monsoon during the Kharif season. Additionally, with the forecast of normal monsoons and the COVID vaccination program's rollout, the global market expects the economic activities to normalize during FY22. From that standpoint, the consumption and the growth in demand for fertilizers are currently set to continue.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/global-fertilizer-market-p.php

Market Summary:

Segment:- We have covered market &volume of the following fertilizers like Ammonia, Phosphorus and Potassium.

Ammonia Fertilizer:- This report studies the market &volume by region of Africa, Americas (North America and Latin America), Asia (West Asia, South Asia and East Asia), Europe (Central Europe, West Europe and Rest of Europe) and Oceania.

Phosphorus Fertilizer:- This report covers the market &volume by region of Africa, Americas (North America and Latin America), Asia (West Asia, South Asia and East Asia), Europe (Central Europe, West Europe and Rest of Europe) and Oceania.

Potassium Fertilizer:- This report covers the market &volume by region of Africa, Americas (North America and Latin America), Asia (West Asia, South Asia and East Asia), Europe (Central Europe, West Europe and Rest of Europe) and Oceania.

Key Players:- We have studied the company by overviews, recent developments and revenue of the following companies The Mosaic Company, Yara International, Nutrien Limited, CF Industries Holdings, Inc and K+S Group.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Smart Lock Market will be USD 4.4 Billion by 2027

posted October 4, 2021   category » global smart lock market

According to the latest report by Renub Research, titled "Smart Lock Market Global Forecast by Type, Technology, Application, Regions, & Company Analysis" Smart Lock Market will be to USD 4.4 Billion by 2027. Smart locks that enable advanced security features have become increasingly popular in the past few years, owing to enhancing safety and security concerns across the globe. A smart lock is an electromechanical locking device that enables users in various industries to remotely access and unlocks the lock to enter the premises. It is accessed by connecting it to smartphones and other smart devices through communication technologies like Bluetooth Li-Fi and Wi-Fi.

The increasing adoption of intelligent home architecture, with the advent of technologies such as Machine Learning (ML) and rising Internet of Things (IoT) penetration, along with and Artificial Intelligence (AI), is expected to accelerate the mass appropriation of smart locks. Increasing usage of smartphone and other connected devices is a driver for the growth of the smart lock market. Today, many new innovations are aiming to make homes smarter and the everyday life easier, now achievable due to the advanced data analytics and the emergence of artificial intelligence. 

Furthermore, smart lock technology plays a vital role in various applications, like residential, hospitality, enterprise, critical infra and others. Smart lock provides monitoring features such as access notifications through e-mail, SMS and video camera with recording abilities to provide visuals of the person at the door. They also have features such as automatically lock a door and auto-locking options for perimeter auto-locking and unlocked for a specific period that automatically locks the door if the user's smartphone is outside the designated perimeter.

It offers the best security against burglary or break-in with built-in features such as one-touch locking, low battery warning, and customizable user codes into their portfolio and attracting a vast user base. Additionally, Smart lever handles are being extensively used in the hospitality sector to fulfill the security requirements of tourists. They possess more accessible locking/unlocking procedures than their counterparts due to the push-down style handle instead of a knob, which requires grasping and turning.

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The COVID-19 Impact on the Smart Lock Industry

The smart locks have gained significant traction during the COVID- 19. The industry is witnessing numerous opportunities during the ongoing pandemic since the locking/unlocking procedures are carried out using smartphones / smart gadgets and voice recognition, thereby reducing the need to physically touch the devices. Thus smart lock is gaining the upper hand during these challenging times.

Smart Lock adoption rate is high in North America

Adopting innovative technology in North America remains high due to the increasing adoption of smart homes and the demand for security concerns. According to the FBI, there were 1.4 Million burglaries and break-ins in 2017, with similar numbers in the following years. Rising concerns regarding safety and security among consumers are in countries in the region due to the demand for smart lock solutions. WI-FI-enabled locking systems are accepted in the US population as they offer several advantages, including convenience.

Moreover, in the Asia Pacific, Smart city initiatives by governments in developing countries like China, Japan, and India continue to adopt smart lock in commercial, residential, and government buildings under smart city projects. Smart door locks and AI or IoT technologies are gradually emerging as the next big trend for security systems in the region. 

Companies Launching Innovating Features of Smart Locks

For Instance January 2020, Assa Abloy AB announced the launch of the Wi-Fi Smart Lock, which sports a brand-new compact design and built-in Wi-Fi connection. The device comes in the size of a standard doorknob and is 45% smaller in volume and 20% slimmer than the August Smart Lock Pro. The current built-in Wi-Fi feature eliminates the necessary to pair it with an external bridge.

Key industry players such as Allegion Plc, Assa Abloy AB, Midea Group, and Samsung are focusing on developing advanced techniques and offering commercially viable products, including doors, remote locking/unlocking of entrances and windows.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/smart-lock-market-p.php

Report Summary

  1. Types - We have covered smart lock breakup by 4 by Types (Deadbolt, Lever Handles, Padlock, Others)
  2. Technology - This report covers the worldwide smart lock technology market by 2 segments (Bluetooth and Wi-Fi)
  3. Application - This report covers the Application in the 5 segments (residential, hospitality, enterprise, critical infra and others)
  4. Regions – Our Report covers global smart lock breakup by 4 Regions (North America, Europe, Asia- Pacifica, Rest of World)
  5. All the key players have been covered from 3 Viewpoints (Overview, Recent Development, Revenue Analysis) Plc, Assa Abloy AB, Midea Group, and Samsung

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Biopsy Devices Market Share, Impact of COVID-19, Industry Trends, Global Forecast 2021-2027

posted October 1, 2021   category » global biopsy devices market

Worldwide, there is an increase in detection of cancer incidences, of Breast cancer, Prostate cancer, and Lung cancer, due to a rise in awareness level. Besides rapid technological advancements such as 3D optical biopsies, MRI-targeted biopsies, and Ultrasound-guided biopsies fuel the adoption of biopsy devices. Many countries hold programs for the early diagnosis of breast cancer. Therefore, such initiatives will stimulate the adoption rate of biopsy devices, thereby positively impacting the growth of the biopsy devices business. According to Renub Research, the Global Biopsy Devices Market is projected to reach US$ 3.5 Billion by 2027.

With improved screening and diagnostic techniques, biopsy devices are an integral part of the diagnostic workup for many medical conditions. It is a procedure to perform surgical removal of tissue from an organ to determine the presence or extent of disease, usually cancerous and inflammatory conditions. This diagnostic procedure is performed by radiologists, surgeons and interventional cardiologists. Biopsies can be done on any organ using specific biopsy devices as a confirmatory test for cancer and celiac diseases. According to the World Cancer Report, cancer rates could further increase by 50% to 15 Million new cases in 2020. Therefore, the increasing incidence of cancer cases and developments in biopsy devices witness high growth.

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Based on Product - Needle-based Biopsy holds the Largest Market Share

The biopsy devices market has been segmented into Biopsy Needles, Guidance Systems, Biopsy Guns, Reagents and others. Needle-based biopsy holds the leading market share due to the increasing demand for Fine Aspiration Needles and Core Needles for acquiring samples from soft tissues of internal organs, an application such as breasts, Prostate, and lungs. As per Statista, breast cancer will make up to 27.7 percent of all the new cancer cases in women in Asia in 2020.

In addition, Guidance Systems, Biopsy Guns, Reagents and other devices are used in extensive applications across numerous healthcare institutions, such as Diagnostic Center, Hospitals and others. Advanced healthcare infrastructure and the expanding prevalence of infections have positively impacted biopsy devices growth over the projected timeframe. This is attributed to the growth in the healthcare sector in emerging economies, the rise in out-of-pocket healthcare expenditure, and the increase in the number of hospitals. As per this research report, Worldwide Biopsy Devices Market is likely to grow at a CAGR of 6.86% by 2027.

Regional Analysis – North America is the leading revenue contributor in the Biopsy Devices Industry

Further, North America is the leading revenue contributor in the biopsy devices market. It is due to the large availability of trained medical professionals, well-developed infrastructure facilities, and the presence of a majority of key players. Moreover, Asia Pacific is a promising destination for biopsy device manufacturers. Rapidly improving healthcare infrastructure in emerging Asia Pacific countries, coupled with high unmet patient needs and increasing incidence of breast cancer, is anticipated to stimulate the demand for biopsy devices. Our research suggests that the Global Biopsy Devices Market was US$ 2.2 Billion in 2020.

Company Analysis

Companies are undertaking strategies, such as product launches within technological innovations and partnerships, to gain profits in the industry. For example: In 2021, Oprah Winfrey Network OWN YOUR HEALTH announced an exclusive partnership with Hologic’s Project. This partnership will bring awareness to the inequality of healthcare U.S. Black women get in the areas of breast, cervical, and uterine fibroids. It will give access to education and preventative tools using Hologic’s comprehensive research and resources. Besides, it will also share original content from celebrated OWN creative visionaries highlighting the authentic stories and voices of Black women.

Renub Research latest report “Biopsy Devices Market by Product (Biopsy Needles - Fine Aspiration Needles, Core Needles, Guidance Systems- Ultrasound-guided, Stereotactic-guided, Clinically-guided, Biopsy Guns, Reagents and kits, Others (Brushes, Curettes and Punches etc), Application (Breast Biopsy, Lung Biopsy, Prostate Biopsy, Others), Region ( North America, Europe, Asia Pacific, Rest of World), End – User (Diagnostic Center, Hospitals and others), Companies (Becton Dickinson and Company, Cardinal Health. Braun Melsungen AG, Inc, Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Hologic, Inc.)"

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/biopsy-devices-market-global-forecast-p.php

 

Product - Biopsy Devices Market has been covered from 5 Viewpoints:

1.    Biopsy Needles

       o    Fine Aspiration Needles

       o    Core Needles

2.    Guidance Systems

       o    Ultrasound-guided

       o    Stereotactic-guided

       o    Clinically-guided

3.    Biopsy Guns

4.    Reagents and kits

5.    Others (Brushes, Curettes and Punches etc)

Application - Biopsy Devices Market has been covered from 4 Viewpoints:

1.    Breast Biopsy

2.    Lung Biopsy

3.    Prostate Biopsy

4.    Others

Region - Biopsy Devices Market has been covered from 4 Viewpoints:

1.    North America

2.    Europe

3.    Asia-Pacific

4.    Rest of World

End - User - Biopsy Devices Market has been covered from 3 Viewpoints:

1.    Diagnostic Center

2.    Hospitals

3.    Others

Company Insights:

    Overview

    Company Initiatives

    Sales Analysis

Companies Covered:

1.    Becton Dickinson and Company

2.    Cardinal Health Inc.

3.    Braun Melsungen AG, Inc

4.    Olympus Corporation

5.    Boston Scientific Corporation

6.    Medtronic plc

7.    Hologic, Inc.

 

Industry Related Reports:

Retinal Surgery Device Market: https://bit.ly/39TIO9L

Medical Ceramics Market: https://bit.ly/3F7OUBS

China Dental Market: https://bit.ly/3uAvoZR

Sleep Apnea Devices Market: https://bit.ly/3mdWNwV

Knee Replacement Market: https://bit.ly/3BdlmAB

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Milk Chocolate Market, Impact of COVID-19, By Product, Companies, Global Forecast by 2027

posted October 1, 2021   category » global milk chocolate market

Milk Chocolate is the most popular chocolate across the world. One of the most popular cocoa products are milk chocolate. It is produced with sugar, chocolate liquor, and condensed milk or whole milk powder. Milk chocolate melts instantly and has a lighter hue and creamier texture than plain or dark chocolate. Milk chocolate is a form of solid chocolate made with milk in a variety of forms, including powdered milk, liquid milk, and condensed milk. Globally, Milk Chocolate is present in the market in various forms, say Boxed, Countlines, Molded Bars, Seasonal Chocolates, Straightlines and Others. Countlines led the global product market, as it is a convenient on-the-go snacking alternative. On the other hand, the seasonal chocolate segment is expected to increase at the quickest rate during the projected period. According to Renub Research, the Global Milk Chocolate Market will be US$ 69.42 Billion by 2027.

Based on the Distribution Channel

The Worldwide chocolate industry has been segmented into Convenience Stores, Specialist Retailers, Online Channels, supermarkets/ hypermarkets, and others. Due to the presence of a high middle-income group, the speciality retail store was leading in terms of market share. Aside from traditional retailers, e-commerce is the next promising sector for the chocolate industry's growth. The market is being driven by rising online chocolate sales and increased demand for luxury chocolates.

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=milk-chocolate-market-p.php

Globally, the Milk Chocolate Market is booming with factors like consuming milk chocolate improves memory, smoothies hydrates the skin, lowers the risk of cardiac strokes and attacks, and strengthens the immune system. Furthermore, it is high in flavonoids, which are antioxidants that remove free radicals from the bloodstream and increase blood flow. Milk chocolate consumption has grown over the world as a result of these benefits, as well as rising consumer spending power. As per our analysis, the Global Milk Chocolate Market Size is expected to grow at a CAGR of 3.70% during 2020-2027.

Globally, because of the presence of well-known brands and increasing chocolate consumption, the North American chocolate market holds a significant proportion. Festivals like Christmas, Good Friday, and others are expected to raise demand for chocolates and improve sales. One of the key causes for the rising demand for chocolates is the increased disposable income of customers in Asia Pacific's developing countries. The presence of a big population, combined with increased urbanization, is expected to enhance the demand for chocolate in nations such as South Korea, Japan, India, and China. As per our research findings, Worldwide Milk Chocolate Industry was US$ 53.83 Billion in 2020.

However, the major challenge in which the decelerating market is fluctuating raw material costs, particularly cocoa, supply instability, and political instability in cocoa-producing countries, are projected to pose a challenge to the market's growth throughout 2020-2027. Factors such as changing client flavour preferences from time to time are also a growing barrier.

COVID-19 Impact on Milk Chocolate Industry

COVID-19 had an impact on the chocolate market when it first appeared in 2020. However, after relaxing limitations in both importing and exporting countries, the market became more stable. During the lockdown, milk chocolate consumption at home increased dramatically.

Renub Research latest report “Global Milk Chocolate Market by Product Type (Boxed, Countlines, Molded Bars, Seasonal Chocolates, Straightlines, Others), Distribution Chaneel (Supermarket/Hypermarket, Specialist Retailers, Convenience Stores, Online Channel, Other Distribution Channels), Region (North America, Europe, Asia-Pacific, Latin America, ROW), Company Analysis (Nestlé S.A., The Hershey Company, Mondelez International, Inc., Amul, Meiji Holdings Company, Ltd.)” provides complete details on Global Milk Chocolate Industry.

Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/milk-chocolate-market-p.php

Product –Market breakup from 6 viewpoints

1.    Boxed

2.    Countlines

3.    Molded Bars

4.    Seasonal Chocolates

5.    Straightlines

6.    Others

Distribution – Market breakup from 5 viewpoints

1.    Supermarket/Hypermarket

2.    Specialist Retailers

3.    Convenience Stores

4.    Online Channel

5.    Other Distribution Channels

Region – Market breakup from 5 viewpoints

1.    North America

2.    Europe

3.    Asia Pacific

4.    Latin America

5.    Rest of the World

All the key players have been covered from 3 viewpoints

    Overview

    Recent Development

    Financial Insights

Company Analysis

1.    Nestlé S.A.

2.    The Hershey Company

3.    Mondelez International, Inc.

4.    Amul

5.    Meiji Holdings Company, Ltd.

 

Industry Related Reports:

Dark Chocolate Market: https://bit.ly/39UahIE

Dairy Blends Market: https://bit.ly/3kYtPSl

Food Enzymes Market: https://bit.ly/39Uvmm6

Indonesia Milk Powder Market: https://bit.ly/3uwX2qO

India Cashew Market: https://bit.ly/39RLsgr

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Dark Chocolate Market, Impact of COVID-19, Industry Trends, Global Forecast 2021-2027

posted September 28, 2021   category » global dark chocolate market

Dark chocolate, sometimes known as "bittersweet" or "semisweet," is produced with cocoa butter rather than fats like palm or coconut oils. Dark chocolate has a rich, robust flavour and is high in flavonoids, which contribute to the pigment's colour. Darker chocolate has more flavonoids, which means it has potentially more health advantages. Almost 60% Cocoa the solid present in dark chocolate is with little or no sugar. Dark chocolate is available in chocolate bars, candies and baking chocolate, etc. According to Renub Research, the Global Dark Chocolate Market is projected to reach US$ 71.98 Billion by 2027.

 

Global Dark Chocolate Market is of various types: Organic Dark Chocolate, Inorganic Dark Chocolate, and Other. The organic and clean label movement has swept the food and beverage industry as a whole. The organic and pure label trend impacts dark chocolate manufacturers, increasing demand for premium and organic ingredients. Manufacturers are also adding natural sweeteners like stevia and coconut sugar to appeal to a consumer base concerned about their food choices.

 

COVID-19 Impact on Dark Chocolate Industry

COVID-19 had a positive impact on the chocolate market when it first appeared in 2020. During the lockdown, chocolate consumption at home increased dramatically. Chocolates, like other consumables, were purchased in bulk, resulting in higher volume sales through supermarkets and hypermarkets. However, after relaxing limitations in both importing and exporting countries, the market became more stable.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=dark-chocolate-market-p.php

 

Dark Chocolate and its Health Benefits

Globally, Dark Chocolate is used for various purposes like Confectionery, Functional Food & beverages, Pharmaceuticals and Cosmetics. Its market is vast in the food and beverages sector because of its use in salt and sweet dishes to make lip-smacking smoothies. However, its various health benefits escalate its market globally. Dark chocolate consumption protects the brain from age-related stress and inflammation, which play a role in neurodegenerative diseases like Alzheimer's. It also aids in enhancing blood circulation to the brain, which improves the capacity to focus, improves memory, and reduces anxiety levels. The worldwide dark chocolate market is predicted to develop moderately over the next five years due to the above-mentioned factors. The Global Dark Chocolate Industry will likely grow at a CAGR of 6.03% from 2020-2027.

 

Regional Analysis: North America holds the Largest Market Share

North America holds the largest Dark Chocolate market share worldwide because of well-known brands and increasing chocolate consumption. Festivals like Christmas, Good Friday, and others are expected to raise the demand for chocolates and improve sales. According to our research over the forecast period, the Asia-Pacific region is expected to increase faster. The growing influence of western culture and eating habits, together with the country's rapid population expansion, are the major drivers expected to fuel market growth in this region. Our research suggests that The Worldwide Dark Chocolate Market Size was US$ 47.77 Billion in 2020.

 

However, fluctuating raw material costs, particularly cocoa, supply instability, and political instability in cocoa-producing countries, are projected to pose a challenge to market expansion. Factors like changing customer flavour preferences regularly are also a growing barrier.

 

Renub Research latest report “Global Dark Chocolate Market by Product Type (Organic Dark Chocolate , Inorganic Dark Chocolate , Other), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, Cosmetics), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, Others), Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa), Company Analysis (Hershey's, Mondelez International, Inc., Amul, Meiji Holdings Co. ltd, Saputo Inc)” provides complete details on Global Dark Chocolate Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/dark-chocolate-market-p.php

 

Type –Market breakup from 3 viewpoints

1.    Organic Dark Chocolate

2.    Inorganic Dark Chocolate

3.    Other

 

Application – Market breakup from 4 viewpoints

1.    Confectionery

2.    Functional Food & Beverage

3.    Pharmaceuticals

4.    Cosmetics

 

Distribution Channel – Market breakup from 4 viewpoints

1.    Supermarkets and Hypermarkets

2.    Convenience Stores

3.    Non-Grocery Retailers

4.    Others

 

Region – Market breakup from 5 viewpoints

1.    North America

2.    Europe

3.    Asia-Pacific

4.    South America

5.    Middle East and Africa

 

All Key players have been covered from 3 viewpoints

    Overview

    Recent Development

    Revenue

 

Company Analysis

1.    Hershey's

2.    Mondelez International, Inc.

3.    Amul

4.    Meiji Holdings Co. ltd

5.    Saputo

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Flavoured Milk Market Insight, Impact of COVID-19, Industry Trends, Global Forecast 2021-2027

posted September 28, 2021   category » global flavoured milk market

Flavoured milk is ready to drink produced from milk by adding sweetener, flavour, and even stabilizers. Indeed, flavoured milk products often have a higher shelf life than plain milk products due to reliance on high-temperature pasteurization. In the global market, the tastes and flavours are aiding the expansion of the flavoured milk market. Consequently, the flavoured milk market also purveys to augmented demand for refrigerated milk products. Consumers around the world have evolved peculiar tastes, which are essential for market players to cater through. According to Renub Research, the Global Flavoured Milk Market is projected to reach US$ 50.41 Billion by 2027.

 

Nutrient-rich flavoured milk comes in various flavours that offer the same unique nutrient package of nine essential nutrients like Calcium, Potassium, Phosphorus, Protein, Vitamins A, D and B12, Riboflavin and Niacin present in unflavoured milk. By flavours the global flavoured milk comes in flavours such as chocolate, fruit, and vanilla. Flavoured milk is the most popular milk choice, a highly palatable, nourishing beverage that can help meet prevailing daily dairy food and calcium intake recommendations, particularly for children. Further, the new developments in flavours and packaging are trending in the global flavoured milk market, with companies introducing locally preferred flavours. Remarkably, there is a preference for fruit flavours among youngsters.

 

Advancement in Packaging Techniques has helped the Dairy Companies to make more Profit on the Flavoured Milk Products

 

In addition, the rising consumption of flavoured milk and changing lifestyles has challenged the global industry to develop deeper into more innovative packaging solutions. Packaging that is durable, cost-effective, and recyclable exert less energy and water and emit more negligible greenhouse gases. The advancement in packaging techniques has helped the dairy companies extend the shelf life of the flavoured milk products and facilitate their transport to the global market. Based on packaging, the flavoured milk market in our report is segmented as paper-based packaging, plastic-based packaging, glass bottles, and metal cans.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=flavoured-milk-market-p.php

 

In recent years, the boom in the global retail sector has triggered the way milk is packaged. Plastic packaging offers cascading benefits to the value chain in the form of extended food life without needing refrigeration and reduced transportation emissions. Also, using plastic packaging instead of cartons is further helping to cut down environmental costs to nearly four times less than conventional alternatives. As per our analysis, The Global Flavoured Milk Industry will likely grow at a CAGR of 5.54% from 2020-2027.

 

COVID-19 Impact Flavoured Milk Market Size

The COVID-19 pandemic outbreak has created a situation of uncertainty in the market growth of many industries globally. The pandemic outbreak has affected factors and has changed the complete dynamics of the market in ways that are hard to believe. As fact to be believed, as per our analysis market will recover during the forecast period.

 

Based on Distribution Channels

The market is segmented as convenience stores, supermarkets/ hypermarkets, and online retail stores. Flavoured Milk distribution channels present globally outline the overall game plan for finding clients and customers for the industry. The numerous strategy incorporated by the distribution channels works in co-ordination with the 5 Ps of marketing (place, price, product, promotion and people) to develop the tactics and actions that will achieve the global distribution objectives. Our research suggests that Worldwide Flavoured Milk Market Size was valued US$ 34.56 Billion in 2020.

 

Regional Analysis: Asia-Pacific is emerging as a big market for Flavoured Milk

The global flavoured milk market report revolves around key regions, including North America, Europe, Asia-Pacific, South America and Middle East & Africa. The regional markets are witnessing high levels of milk consumption, and flavoured products have gained a prominent position globally due to their prevalence in public schools, particularly in the North American region. Additionally, the Asia Pacific region market is witnessing a growing demand for flavoured milk products because of the rising disposable incomes in the area. The Asia-Pacific region also presents a significant opportunity for global players. Due to the lack of long-established innovations in the region, there is substantial scope for introducing new variants of flavoured milk.

 

Companies Launching Low-Sugar and Fat-Free Varieties of Flavoured Milk Products to garner the Diabetic and Health-Conscious Customers

 

Furthermore, the global flavoured milk market is fragmented with a few global players such as Nestlé S.A., Danone SA, Arla Foods Amba, Saputo Inc., Hershey's and Fonterra Co-operative Group. The key players are observed to be launching flavoured milk varieties with enhanced functional properties. Moreover, the key players also offer low-sugar and fat-free varieties of flavoured milk products to penetrate the increased diabetic and health-conscious population. Companies are introducing on-the-go flavoured milk to increase their offerings and customer base, acknowledging the opportunity posed by busier lifestyles and the necessity for convenience.

 

Renub Research latest report “Global Flavoured Milk Market, Global Forecast By Type (Long-Life Flavoured Milk, Fresh Flavoured Milk and Other), Flavour (Chocolate, Fruit, Vanilla and Others), Application (Powder, Premix, Fresh and Others), Packing Type (Paper Based, Plastic Based, Glass Based, Metal Based and Others), Distribution Channel (Hypermarkets/Supermarket, Convenience Stores, Online and Others), Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa), Key Players (Danone SA, Arla Foods Amba, Saputo Inc., Hershey's and Fonterra Cooperative Group)” provides a detailed analysis of Global Flavoured Milk Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/flavoured-milk-market-p.php

 

Type – Global Flavoured Milk Market has been covered from 3 viewpoints:

1.    Long-Life Flavoured Milk

2.    Fresh Flavoured Milk

3.    Other

 

Flavour – Global Flavoured Milk Market has been covered from 4 viewpoints:

1.    Chocolate 

2.    Fruit

3.    Vanilla

4.    Others

 

Application – Global Flavoured Milk Market has been covered from 4 viewpoints:

1.    Powder

2.    Premix

3.    Fresh

4.    Others

 

Packing Type – Global Flavoured Milk Market has been covered from 5 viewpoints:

1.    Paper Based

2.    Plastic Based

3.    Glass Based

4.    Metal Based

5.    Others

 

Distribution Channel – Global Flavoured Milk Markethas been covered from 5 viewpoints:

1.    Hypermarkets/Supermarket

2.    Convenience Stores

3.    Online

4.    Others

 

Region – Global Flavoured Milk Market has been covered from 5 viewpoints:

1.    North America

2.    Europe

3.    Asia-Pacific

4.    South America

5.    Middle East & Africa

 

Key Players Analysis

1.    Danone SA 

2.    Arla Foods amba

3.    Saputo Inc.

4.    Hershey's 

5.    Fonterra Co-orperative Group

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Organic Baby Food Market Size, Impact of COVID-19, Industry Trends, Global Forecast 2021-2027

posted September 28, 2021   category » global organic baby food market

Globally, babies are tender and sensitive; they respond differently to every stimulus. Babies are particularly vulnerable to foodborne illness because their immune systems are not developed enough to fight off infections. Hence, the reasons above have given rise to the organic baby food industry as it’s prepared with extra care. Organic baby foods are food grown or processed without synthetic fertilizers or pesticides. The global demand for organic baby food is continuously increasing due to rising awareness among parents who adequately fulfil their babies' nutritional requirements. According to the Renub Research analysis, Global Organic Baby Food Market is projected to reach US$ 12.65 Billion by 2027.

 

Furthermore, in recent years the business of feeding babies with organic foods has developed into a multi-billion-dollar industry. Indeed, organic baby food is playing an ever more significant role in meeting the nutritional demands of infants and toddlers worldwide. Moreover, recently, the industry saw several transformations, primarily fuelled by parents' lifestyles and their growing interest in organic food. In addition, the professionally designed organic baby foods fill the kitchen shelves globally in various flavours of liquid and solid forms for customers. Hence, the global market for organic baby food by age group has food for 1-6 month babies, 7-9 month babies and 10-12 month babies since infants might be more susceptible to harm potentially caused by pesticides than are adults.

 

By Type: Dried Baby Food, either Refrigerated or Powdered inform products, is preferred on a Large Scale

 

Global Organic Baby Food Market comprises Prepared Baby Food, Dried Baby Food and Infant Milk Formula. Amongst all the dried baby food, either refrigerated or powdered inform products, is preferred on a large scale, having a comparatively higher shelf life than traditional packaged food. Moreover, dried baby food is easy to carry and consume.

 

Request a Free Sample Copy of the Report:  https://www.renub.com/request-sample-page.php?gturl=organic-baby-food-market-p.php

 

On the other hand, prepared baby food also represents a widely consumed type because it can be served instantly without the hassle of cooking. Nowadays, the population of working women and nuclear families is growing, and preparation of baby food needs lots of hard labour and time. This, in turn, is increasing the growth of prepared baby food products. As per our analysis, the Worldwide Organic Baby Food Market Size was valued at US$ 5.97 Billion in 2020.

 

By Distribution Channel: Rise of E-Commerce Companies Increases the Demand for Organic Baby Food Products through Online Purchases

 

The Global Organic Baby Food Market circulates its products through hypermarkets, supermarkets, pharmacy medical stores, speciality stores, hard discount stores and online. As per our analysis, the rising emergence of e-commerce companies and innovative strategies adopted by major players such as channel expansion increases the demand for organic baby food products through online purchases. Moreover, online channels are set to be the highest growing segment owing to the ease and hassle more minor nature of online service. Moreover, in the forthcoming years, the online channel for organic baby food holds massive potential for growth due to the increasing popularity of internet services and technological advancements.

 

Regional Analysis: North America and Europe have a higher demand for Organic Baby Food compared to the Rest of the World

 

Geographically, the Global Organic Baby Food Market revolves around North America, Europe and Asia-Pacific. Globally, the demand for organic baby food is comparatively higher in developed regions like North America and Europe than developing regions like Asia-Pacific. In North America, the market for organic baby food is enormous, owing to the enhanced awareness of the significance of proper nutrition for babies. Moreover, as per our analysis, the organic baby food market is expected to witness increasing demand in Asia-Pacific with an emerging economy such as India and China rapidly expanding witnessing intensifying demand for organic baby food. Our research suggests that Global Organic Baby Food Industry is expected to grow at a CAGR of 11.32% from 2020-2027.

 

COVID-19 Impact on the Industry:

The global health crises and food scares have a long-term impact on consumer demand for organic baby food during COVID-19. COVID-19 has boosted consumer awareness of the relationship between nutrition and health. This has resulted in a surge in interest in organic baby food that benefits from a 'health halo', including functional foods. Initially, there was a global sales spike for organic baby food, as consumers fear food safety, and personal health drives product purchases. In addition, the fast pace recovery of developing economies leading to increased disposable income will further support the Organic Baby Food Market demand in the coming years.

 

Key Players Performance in Organic Baby Food Industry

The Global Organic Baby Food Market is profoundly organized and predominantly dominated by players, like Abbott Laboratories, Kraft Heinz, Nestlé S.A., Danone SA and Kewpie Corporation. Meanwhile, the global organic baby food market companies focus on uncovering innovative marketing strategies and launching new products based on value-added ingredients to compete in the market. For instance, in June 2020, Heinz reinvented its baby food line with the launch of HEINZ BY NATURE™ baby food, a new line-up of baby food, including options that are organic and made with natural ingredients and acerola cherry.

 

Renub Research latest report “Global Organic Baby Food Market, Global Forecast By Type (Prepared Baby Food, Dried Baby Food, Infant Milk Formula and Others), Age Group (1-6 Month Baby, 7-9 Month Baby,10-12 Month Baby and Others), Distribution Channel (Hyper Market, Super Market, Pharmacy Medical Store, Specialty Stores, Hard Discount Stores and Online), Region (North America, Europe, Asia-Pacific and ROW), Companies (Abbott Laboratories, Kraft Heinz, Nestlé S.A., Danone SA and Kewpie Corporation)” provides a detailed analysis of Global Organic Baby Food Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/organic-baby-food-market-p.php

 

Type – Global Organic Baby Food Market has been covered from 4 viewpoints:

1.    Prepared Baby Food

2.    Dried Baby Food

3.    Infant Milk Formula

4.    Others

 

Age Group – Global Organic Baby Food Market has been covered from 4 viewpoints:

1.    1-6 Month Baby

2.    7-9 Month Baby

3.    10-12 Month Baby

4.    Others

 

Distribution Channel – Global Organic Baby Food Market has been covered from 6 viewpoints:

1.    Hyper Market

2.    Super Market

3.    Pharmacy Medical Store

4.    Specialty Stores

5.    Hard Discount Store

6.    Online

 

Region – Global Organic Baby Food Market has been covered from 4 viewpoints:

1.    North America

2.    Europe

3.    Asia-Pacific

4.    Rest of World

 

Company Insights:

    Overview

    Recent Development

    Revenue

 

Key Players covered in the report are: 

1.    Abbott Laboratories

2.    Kraft Heinz.

3.    Nestlé S.A.

4.    Danone SA

5.    Kewpie Corporation

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Meat Snacks Market, Share, Size, Insight, Impact of COVID-19, Global Forecast 2021 - 2027

posted September 28, 2021   category » global meat snacks market

In recent years, the consumption of meat snacks has increased substantially due to the tendency to reduce caloric intake, lack of time, and increased consumption of foods with high vitamin, protein, or mineral content. Meat snacks are an essential part of people's diets and constitute one of the fastest-growing food industry segments. It is a ready-to-eat (RTE) food product made using dried and dehydrated animal-derivative raw materials with added flavourings and seasonings.

 

The meat snacks industry is growing epic, with innovative flavours to unique protein and ingredients. Millennia are driving the snacking trend, and they prefer less processed items with more natural and lower-sodium ingredients with taste and trendy flavours. The escalating demand for convenient and healthy snacking items on account of hectic lifestyles and inflating disposable incomes represents one of the significant factors propelling the global meat snacks market growth. According to Renub Research, Global Meat Snacks Market will be US$ 14.31 Billion by 2027.

 

Based on Product - Jerky Meat segment holds the Largest Market Share

The global meat snacks industry is segmented into Sticks, Jerky, Bars, and Others. The jerky segment dominated the market and held the largest market share, as various types of meat jerky were made available quickly. Traditionally jerky was marketed as an affordable, flavoursome snack and convenient and was primarily available at gas stations and convenience stores.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=meat-snacks-market-p.php

 

Apart from this, meat sticks are considered the fastest-growing market segment. Consumers are increasingly purchasing ready-to-eat meat sticks and bars snacks from traditional grocery stores or supermarkets. Meat sticks and bars snacks have many flavours and recipes packed very attractively to draw customers' attention. The huge protein content in the product acts as a vitality booster which boosts the sales of meat snacks. As per this research report, the Worldwide Meat Snacks Market size will grow with a CAGR of 5.95% during (2020-2027).

 

Regional Analysis of Meat Snacks Industry

The Asia Pacific is seeing a rise in the rate of snack food consumption, the surge in demand for convenience food products, wherein meat snacks are seen as primary food products in China. The increase in meat snack consumption in China is partly attributable to a change in consumer eating habits; many young consumers found it more convenient to eat hardier snacks and less frequent meals. The prevalence of meat snacks in China is rising.

 

Besides, the United States is the largest market for meat snacks in North America. According to The Simmons National Consumer Survey (NHCS) the United States Census, 50.0% of the U.S. population, nearly 160 Million people, eats meat snacks and beef jerky regularly. In the U.S., jerky was one of the most popular meat appetizers in 2020. As per our research findings, Global Meat Snacks Industry was US$ 9.55 Billion in 2020.

 

Impact of COVID-19 on Global Meat Snacks Market

The spread of the coronavirus pandemic (COVID-19) is a vital rise in the demand for packaged food items, such as meat snacks. Still, disrupted supply chains and inadequate workforce shortages are hampering market growth. Nevertheless, the market is expected to revive once normalcy is regained.

 

Nestlé Group, Hormel Foods, Conagra Brands, Bridgford Foods, and Hershey lead the meat snacks market. Major players have focused on long-term strategies, flavours, innovation, and product involvement, as the market demand is shifting toward a region-specific and exotic range of tastes.

 

Renub Research latest report “Global Meat Snacks Market by product (Jerky, Sticks, Bars, and Others), Nature (Organic, Conventional), Distribution Channel (Off-Line and On-Line), Region ( North America, Europe, Asia Pacific and Others), Company Analysis (Nestlé Group, Hormel Foods, Conagra Brands, Bridgford Foods and Hershey)” provides complete details on Global Meat Snacks Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/meat-snacks-market-p.php

 

Product - Market breakup from 4 viewpoints

1.    Jerky

2.    Sticks

3.    Bars

4.    Others

 

Nature – Market breakup from 2 viewpoints

1.    Organic

2.    Conventional

 

Distribution Channel - Market breakup from 2 viewpoints

1.    Off-Line

2.    On-Line

 

Region – Market breakup from 4 viewpoints

1.    North America

2.    Europe

3.    Asia Pacific

4.    Rest of World

 

All key players have been covered from 3 viewpoint

    Overview

    Recent Developments

    Financial Insights

 

Company Analysis

1.    Nestlé Group

2.    Hormel Foods

3.    Conagra Brands

4.    Bridgford Foods

5.    Hershey

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Fuel Cell Vehicle Market, Share, Size, Growth, Impact of COVID-19, Global Forecast 2021 - 2030

posted September 27, 2021   category » global fuel cell vehicle market

A fuel cell is an electrochemical reactor that converts the chemical energy and an oxidant directly to electricity. In recent years, the word fuel cell has been used almost solely to describe a reactor using hydrogen as the chief energy source. Hydrogen has a protracted history of being employed as fuel for versatility. More than 200 years ago, hydrogen was adopted in the first internal combustion engines by igniting the hydrogen itself, like burning gasoline today. Though, this did not prove to be quite successful due to safety affairs and low energy density. Preferably, hydrogen is an energy carrier in a modern fuel cell by reacting with oxygen to form electricity.

 

Moreover, fuel cell vehicles have become more lucrative in recent years due to higher performance, reduced refuelling time, and long-range offered by the systems. Also, the exhaust in terms of water, a deterioration in emissions dimension, and superior power and torque output play a significant role in adopting fuel cell technologies for automobiles. In addition, the rising environmental issues, such as climate change and low air quality, are due to substantial growth in the regional transportation sector. High fossil fuel consumption has generated the need for clean energy sources, thereby boosting the market's growth over the forecast period. According to Renub Research, the Global Fuel Cell Vehicle Market awaits to reach 980.00 Thousand Units by 2030.

 

Impact of COVID-19 on Global Fuel Cell Vehicle Market:

The production & sales of innovative vehicles had come to a standstill across the globe as the entire ecosystem had been obstructed in the initial outbreak of COVID 19. Fuel Cell Vehicles had to pause until lockdowns were lifted to continue blooming, which influenced their businesses. Consequently, vehicle manufacturers had to modify the production volume. Moreover, the automotive industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, during the initial months of the outbreak, the production suspension and lower demand had an unprecedented impact on Fuel Cell Vehicles manufacturers and automotive fuel cell producers.

 

For example, according to the Times of India, Honda Motor Company's sales declined by more than 15% throughout the third quarter of 2020, while operating profit plunged by around 13% overall during the whole year. Toyota Motor Corporation's sales went down by 50% in the first quarter of 2020. However, demand for Fuel Cell Vehicles recovered at a fast rate after the initial months of 2020. Hence, the sales also increased along with the demand for zero-emission vehicles during the latter months of 2020. Our research suggests that the Worldwide Hydrogen Fuel Cell Vehicle Market was 25.00 Thousand Units in 2020.

 

The technology used for Global Fuel Cells Vehicles

Globally, fuel cell vehicles are typically categorized by the technology used. Prominent technologies of fuel cells include Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC). Of these, PEMFC is the common commercialized type today due to its low operating temperature (50-100°C), compact start time, and its oxidant (atmospheric air) ease of use. These characteristics make PEMFC ideal for mobility solutions. They are part of the reason for the rapid development of FCEVs starting from the 1990s. As per our analysis, the Global Fuel Cell Vehicle Industry is expected to grow with a massive CAGR of 44.32% from 2020 – 2030.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=fuel-cell-vehicle-market-p.php

 

Regional Analysis of Fuel Cell Vehicle Industry

The global fuel cell vehicle market report revolves around crucial regions, including Europe, North America, Asia Pacific, Middle East and Africa and Latin America. In North America, the United States has a massive number of hydrogen fuel stations provisioning to the market. Both US and Canada have been supporting the market for low emission vehicles. Fuel cell vehicles are in tremendous demand in some states like California in the US and British Columbia in Canada. Also, Asia-Pacific is a fast-growing market for hydrogen fuel stations. China, South Korea and Japan are currently leading the fuel cell vehicle market in Asia-Pacific. China is converging more on buses and trucks for FCEV's.

 

In the upcoming years, nations such as China, Japan, and South Korea are expected to pivot in advancing fuel cell electric vehicle technology. Large corporations such as Toyota are trying to become the leader in fuel cell technology. As with most technologies, fuel cell technology's initial development and deployment phases heavily depend on government policies and incentives. To various extents and for multiple reasons, governments of China, the United States, European nations and Japan have encouraged the development of the fuel cell industry. The countries invest heavily in core technology research and establish subsidy policies and medium/long-term strategic plans.

 

Policy Overview across Major Markets:

    In Europe Hydrogen Roadmap Europe: a transition to one-third ultra-low carbon hydrogen production by 2030 has been devised.

    Similarly, in Japan policy for the full-fledged manufacturing operation, transportation and storage of zero-carbon emission hydrogen by 2040 have been planned.

    In addition, in the United States, the California Fuel Cell Partnership has also outlined targets for 1,000,000 FCEVs by 2030.

 

The Global Fuel Cell Market is dominated by established players such as Toyota Motor Corporation, Volkswagen, Daimler AG, Honda Motor Company, and Ford Motor Company. These companies contribute extensive products and solutions for the fuel cell vehicle industry, have strong global distribution networks, and invest heavily in R&D to develop new products.

 

Recent Developments in Fuel Cell Car Companies:

    In March 2021, Toyota Corporation revealed a new hydrogen production facility and refuelling station at its decommissioned car factory in Melbourne, Australia, before its second-generation fuel-cell car, the Mirai FCEV. The facility includes a 200-kilowatt electrolyzer powered by an on-site 84-kilowatt solar array and a 100-kilowatt battery.

    In March 2021, Toyota Motor Corporation and Beijing SinoHytec proclaimed a joint venture to produce hydrogen fuel cell vehicles concerning the Chinese market. As per the joint statement, the two companies are foreseen to invest USD 72 million into Huafeng Fuel Cell Co. Ltd. The company's first car will be modelled after Toyota's hydrogen fuel cell vehicle MIRAI and is slated to begin production in 2023.

 

Renub Research latest report “Global Fuel Cell Vehicle Market, Global Forecast By Technology (Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC), Region (North America, Europe, Asia Pacific, Middle East and Africa and Latin America), Companies (Volkswagen, Daimler AG, Toyota Motor Corporation, Honda Motor Company, and Ford Motor Company)”provides a detailed analysis of Global Fuel Cell Vehicle Industry.

 

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/fuel-cell-vehicle-market-p.php

 

Technology – Fuel Cell Electric Vehicle has been covered from 5 viewpoints:

1.    Polymer Exchange Membrane Fuel Cells (PEMFC)

2.    Solid Oxide Fuel Cells (SOFC)

3.    Direct Methanol Fuel Cells (DMFC)

4.    Phosphoric Acid Fuel Cells (PAFC)

5.    Molten Carbonate Fuel Cells (MCFC)

 

Region – Fuel Cell Electric Vehicle has been covered from 5 viewpoints:

1.    North America

2.    Europe

3.    Asia Pacific

4.    Middle East and Africa

5.    Latin America

 

Company Insights:

    Overview

    Recent Development & Strategies

    Financial Insights

 

Company Analysis

1.    Volkswagen

2.    Toyota Motor Corporation

3.    Daimler AG

4.    Ford Motor Company

5.    Honda Motor Company

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

 

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

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