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Global Electric Bed Market 2022–2030
Report Snapshot CAGR: 7% 2.7B 2021 2.9B 2022 5B 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: Asia-Pacific Largest Market: Europe Major Players Arjo, Medline Industries Inc. Invacare Corporation LINET Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description The Surging Aging Population Globally is Bolstering the Market According to Custom Market Insights (CMI), the Global Electric Bed Market size was estimated at USD 2.7 Billion in 2021 and is expected to hit around USD 5 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2030. The report further provides an overview of drivers, restraints, and opportunities present in the Electric Bed market. Moreover, the report examines the global competitive analysis of the Electric Bed market. The key purpose of the Global Electric Bed Market report is to deliver industry investors, company leaders, private equity companies, and stakeholders with comprehensive information facilitating them to make informed strategic decisions concerning the changes in the Electric Bed market throughout the world. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2020′,’2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘General Bed’, data: [500 , 600 , 700 , 800 , 900 , 1000 , 1100 , 1200 , 1300 , 1400 , 1600 ], backgroundColor: ‘#F4D03F’, borderColor: ‘#FDFEFE’, type: ‘bar’, order:1 }, { label: ‘Bariatric Bed’, data: [500 , 600 , 700 , 800 , 900 , 1000 , 1100 , 1200 , 1300 , 1400 , 1600 ], backgroundColor: ‘#1A5276’, borderColor: ‘#FDFEFE’, type: ‘bar’, order:2 }, { label: ‘Intensive Care Bed’, data: [500 , 600 , 700 , 800 , 900 , 1000 , 1100 , 1200 , 1300 , 1400 , 1600 ], backgroundColor: ‘#f04c23’, borderColor: ‘#FDFEFE’, type: ‘bar’, order:3 }, { label: ‘Birthing Bed’, data: [500 , 600 , 700 , 800 , 900 , 1000 , 1100 , 1200 , 1300 , 1400 , 1600 ], backgroundColor: ‘#82E0AA’, borderColor: ‘#FDFEFE’, type: ‘bar’, order:4 }, { label: ‘Others’, data: [500 , 600 , 700 , 800 , 900 , 1000 , 1100 , 1200 , 1300 , 1400 , 1600 ], backgroundColor: ‘#54595F’, borderColor: ‘#FDFEFE’, type: ‘bar’, order:5 }, ] },// Configuration options go here options: { title:{ display:true, text:’Electric Bed Market 2022-2030 (By Application)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); To learn more about this report, Request a Free sample Electric Bed Market: Overview Changing the position of the upper and lower bodies as well as the bed’s height is possible with an electric bed. Additionally, it can benefit a variety of medical ailments. Medical issues may become worse if you sleep poorly or in uncomfortable postures. People with illnesses or ailments like limited mobility, swollen complaints, asthma, chronic pain, breathing issues, and other medical conditions can benefit from electric beds in a variety of ways. Electric Bed Market: COVID – 19 Impact Analysis The COVID-19 outbreak that has spread globally has increased the number of patients being admitted to hospitals and clinics. Due to the COVID-19 public health emergency, the FDA warned that there would be a greater need for hospital beds, stretchers, and mattresses to expand temporary healthcare facilities and strengthen the capacity of local hospitals and healthcare systems. The WHO proclaimed COVID-19 a pandemic on March 23, 2020, and the US announced a national state of emergency as a result of the infections of over 354,000 documented cases in more than 180 countries. In parts of China and Italy, there was a greater need for intensive care beds than there were available beds. Rising patient admissions brought on by the global COVID-19 outbreak are causing the market to grow. Electric Bed Market: Growth Drivers Rising aging population The use of electric cots has been prompted by the world’s aging population, which is over 60 years old. Spinal disorders, bone injuries, neurological diseases, and lowered immunity in older persons are all predicted to have a significant impact on the expansion of the electric bed sector over the forecasted period. The WHO predicts that there will be around 1.5 billion persons over the age of 65 in the world by 2050. People in their geriatric years are particularly vulnerable to illnesses like heart attacks, obesity, stroke, and arthritis. For greater comfort and convenience of treatment, patients with this disease need an electric cot. Therefore, the aging population will probably spur the growth of the global electric bed market. Rising Prevalence of Chronic Diseases In hospitals, nursing homes, as well as home care settings, beds are among the necessities. Acute care beds, psychiatric beds, long-term care beds, and pregnant beds are just a few of the specialty versions of electric beds, which are utilized in many different applications. Patients with musculoskeletal and orthopedic conditions are less flexible and have a limited range of motion. For these individuals, electric beds enable automated adjustments for the head position, height, and leg resting position. The World Health Organization (WHO) estimates that musculoskeletal disorders account for a significant portion of all disabilities worldwide. The WHO reports that with 9.6 million recorded deaths in 2018, cancer was the second-leading cause of death globally. Furthermore, 1,735,350 new instances of cancer were detected in 2018, according to estimates from the American Cancer Society. Electric beds help the medical personnel caring for patients with advanced cancer because these individuals lose their independence in performing a variety of physiological functions. Thus, the need for electric beds is increasing due to the rising prevalence of chronic disorders like diabetes, cancer, and cardiovascular disease (CVD). Electric Bed Market: Segmentation Analysis In our research scope, the Electric Bed market is segmented into product, application, and end-user. Based on product segmentation, the semi-automatic electric bed segment is estimated to dominate the market in 2021. The increase in cancer cases and cancer patients having surgery around the world is mostly responsible for the category rise. For example, the World Health Organization reported that there were around 2.09 million cases of breast cancer, 2.09 million instances of lung cancer, and 1.80 million cases of colorectal cancer worldwide in 2018. Since semi-automatic electric beds are simpler for patients to use and therefore in higher demand in hospitals and clinics, these factors are predicted to fuel the segment’s expansion. Over the projected period, the fully automatic electric bed segment is anticipated to increase at the fastest rate. The completely autonomous electric bed improves sleep quality, can be operated independently, and helps to lessen pressure and swelling. These beds’ advantages over semi-automatic beds are fueling the segment’s expansion over the anticipated timeframe. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 2.7 BillionProjected Market Size in 2030 USD 5 BillionMarket Size in 2022 USD 2.9 BillionCAGR Growth Rate 7% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Arjo, Medline Industries Inc., Invacare Corporation, Hill-Rom Services Inc., PARAMOUNT BED CO. LTD., Stryker, LINET, Malvestio Spa, Gendron Inc., Midmark India Pvt. Ltd., and OthersKey Segment By Product, Application, End-user, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Insights:As per the analysis shared by our research analyst, the Electric Bed market is estimated to grow annually at a CAGR of around 7% over the forecast period (2022-2030). In terms of revenue, the Electric Bed market size was valued at around USD 2.7 billion in 2021 and is projected to reach USD 5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on the product, the semi-automatic electric bed segment was predicted to exhibit a high CAGR during the forecast period. Based on application, the general bed segment was the leading revenue-generating category in 2021. Based on end-user, the hospitals & clinics segment was the leading revenue-generating category in 2021. Based on end-user, the BFSI segment was the leading revenue-generating category in 2021.On the basis of geography/region, the North American region was the leading revenue generator in 2021.Recent Development2018: Arjo introduced the IndiGo medical bed, a time and effort-saving power drive system that is always available for use. Additionally, IndiGo helps with automatic slope sensing, which results in more power while traveling up hills and assistance with brakes when moving down slopes.Regional Landscape With a revenue of over 40%, North America holds the largest market share for Electric Beds. The demand for electric beds in North America is anticipated to expand along with the number of surgeries and patient admissions. Major industry participants in the area are making efforts to improve patient comfort and safety by introducing innovations. The latest COVID-19 epidemic is also anticipated to increase demand for electric beds. Over the course of the projection period, all of these factors are expected to fuel market expansion. Over the projected period, Asia Pacific is anticipated to develop at the fastest rate. It is projected that the presence of growing nations like China, India, and Japan will accelerate market expansion in the Asia Pacific region. Some of the factors projected to propel the market include growing patient safety and care awareness in this region and expanding healthcare infrastructure development. Competitive Landscape The companies are striving aggressively to market electric beds all over the world by highlighting the advantages of the products and releasing new models with cutting-edge features. For instance, Stryker introduced its ProCuity line of electric beds in October 2020. ProCuity is a completely wireless hospital bed that includes a number of cutting-edge patient monitoring capabilities. This solution reduces the risk of patient falls, enables caregivers to effectively monitor patients who are confined to beds, and keeps the bed connected even while it is moving. An in-depth investment analysis has been performed, providing forecast and prevailing opportunities for the market participants. The market report focuses on significant characteristics of the market that comprise historic data, present market revenues, PEST analysis, technological investments, and competitive analysis in the related industry. The global Electric Bed market is segmented as follows: By ProductFully Automatic Electric Bed Semi-automatic Electric BedBy ApplicationGeneral Bed Bariatric Bed Intensive Care Bed Birthing Bed OthersBy End-userHospitals & Clinics Dentistry Reproductive Care Centers OthersBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI21741Category: HealthcarePublished Date: December 2022 -
Global Drug Addiction Treatment Market 2023–2030
Report Snapshot CAGR: 15% 16.5B 2021 18.5B 2022 35B 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: North America Largest Market: Asia-Pacific Major Players Alkermes Plc. Glenmark Pharmaceuticals Teva Pharmaceutical Industries Ltd Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), the Global Drug Addiction Treatment Market size was estimated at USD 16.5 Billion in 2021 and is expected to reach USD 18.5 billion in 2022 and is expected to hit around USD 35 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 15% from 2022 to 2030. Our research report offers a 360-degree view of the Drug Addiction Treatment market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Drug Addiction Treatment market.While the revolutionary COVID-19 epidemic is currently waging war on the world’s population, addiction is another significant public health problem that continues to plague millions globally. Addiction to alcohol, tobacco, and drugs is on the rise worldwide, especially in developing countries like China and India. Around 6 million individuals worldwide pass away from tobacco addiction yearly, and the statistics are steadily rising. Global legislative and market pressure to reduce tobacco use and addiction has increased due to the constant rise in cigarette-related mortality each year. Aside from tobacco addiction, the number of cases of alcohol and drug addiction worldwide is also on the rise, which is driving up the demand for addiction therapy. The adoption of new technical developments, such as telecommuting, is increasing in the healthcare industry at the moment. The number of partnerships between application developers and healthcare professionals is now expanding quickly, and the trend is anticipated to last during the forecast period. Nearly 54% of drug addicts in the United States are under the age of 18, according to the National Institute on Drug Abuse. Another factor that is anticipated to fuel the expansion of the global drug addiction treatment market is the frightening figures in other parts of the world that have pushed government authorities to increase awareness about addiction treatment. The market for drug addiction is currently plagued by several difficulties, such as finding innovative ways to raise the standard of addiction treatment on a global scale. According to a number of specialists, establishing addiction treatment facilities that coordinate with rehabilitation and treatment facilities is a promising way to effectively achieve the goal. This strategy will probably give the conversion of cutting-edge scientific discoveries into practicable addiction treatment methods a significant boost, which will probably fuel the worldwide drug addiction treatment market.Report Scope The study’s focus is on Drug Addiction Treatment market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by drug type, treatment centers, distribution centers, and geography.Feature of the Report DetailsMarket Size in 2021 USD 16.5 BillionProjected Market Size in 2030 USD 35 BillionMarket Size in 2022 USD 18.5 BillionCAGR Growth Rate 15% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Alkermes Plc., Glenmark Pharmaceuticals, Teva Pharmaceutical Industries Ltd., Titan Pharmaceuticals Inc., Pfizer Inc., Johnson & Johnson, GlaxoSmithKline plc., Perrigo Company plc., Cipla Limited, Dr. Reddy’s Laboratories Limited, Hikma Pharmaceuticals Plc., Indivior Inc., Mylan N.V., and OthersKey Segment By Treatment Centers, Drug Type, Distribution Channel, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsThe rise in drug dependence, drug-related mortality, and the use of medication-assisted treatment (MAT) are the main factors driving market revenue growth. Between 2022 and 2030, the market’s revenue is expected to grow as a result of higher government financing and efforts, as well as increased public awareness of drug addiction. One of the leading causes of death on a global scale is drug overdose. The Centers for Disease Control and Prevention estimate that over 91,000 Americans will die from drug overdoses in 2020. According to data, frequent use of addictive substances and drug overdose negatively impact users’ mental health, with attention-deficit hyperactivity disorder (ADHD) and intermittent explosive disorder being the most common. The market revenue growth is also being fueled by an increase in the number of programs and initiatives launched by governments and other organizations to promote awareness about drug addiction, the dangers of drug usage, and how to cope with drug-related issues. For instance, the Biden administration published the National Drug Control Strategy in April 2022 in an effort to minimize drug usage and the negative impacts that drug users cause. Additionally, official solutions offer a wide range of distinct viewpoints on how to treat addicts, reduce the stigma associated with substance abuse, and starve the black market. Numerous nations have successfully updated their drug laws, ways of enforcing them, and approaches to addiction. For instance, arrests and overall illicit drug use have decreased in Portugal, the first country in the EU to legalize all narcotics. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2020′,’2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Residential Centers’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Rehabilitation centers’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f04c23’, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Inpatient Centers’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F9E79F’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, { label: ‘Others’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#54595F’, borderColor: ‘#f39c12’, type: ‘bar’, order:4 }, ] },// Configuration options go here options: { title:{ display:true, text:’Drug Addiction Treatment Market 2022–2030 (By Treatment Centers)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); The Tobacco/Nicotine Drug Addiction Treatment Segment Led the Drug Addiction Treatment MarketCardiovascular disease and lung cancer are more common because of cigarette smoking. An estimated 8 million individuals die every year as a result of tobacco use. Fortunately, governments have acknowledged this concern and are taking decisive action to reduce the fatalities caused by drug abuse. Patients are choosing smoking cessation therapy as a result of being aware of the risks, which is one of the factors driving the worldwide drug addiction treatment market. The market’s expansion will also be fueled by prescription medication abuse and government efforts to stop it. The market for treating tobacco and nicotine addiction has improved possibilities as cigarette smoking has become more widespread. Additionally, the increased accessibility of medications and nicotine replacement therapies to treat tobacco and nicotine addiction will spur market expansion. Drug Addiction Treatment Market 2022–2030 (By Drug Type) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Tobacco/Nicotine and Vaping’, ‘Marijuana’, ‘Alcohol’, ‘Prescription and Over-the-Counter Medications’, ‘Synthetic Cannabinoids’, ‘Others’,], datasets: [{ data: [100, 95, 85, 75, 65, 55,], backgroundColor: [ ‘#f04c23’ , ‘#54595F’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’, ‘#fbc532’ , ‘#44bd33’, ‘#487eb1′ ,’#f39c12’, ‘#3c40c7’ , ‘#0097e7’ , ‘#e84119’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Competitive Landscape The market for the treatment of drug addiction is fairly competitive with both new and old significant companies. These market competitors are implementing a number of methods, such as mergers, acquisitions, or collaborations, to keep a solid foothold in the industry. This report includes a thorough study of the company profiles, including business segments, product portfolios, insights into key brands and growth strategies, SWOT and strategy analyses of the firms, as well as financial analysis and analyst insights on the major players in this market.2022: A clinical-stage pharmaceutical business called Addex Therapeutics and Indivior PLC has collaborated on the R&D of novel oral gamma-aminobutyric acid subtype B Positive Allosteric Modulator medication candidates. In accordance with the conditions of this agreement, Indivior will give the latter business an additional US$900,000 for research financing. 2022: Pfizer, Inc. announced a new strategic partnership with Alex Therapeutics to use the company’s AI-based platform to deliver Cognitive Behavioral Therapy and Acceptance and Commitment Therapy to patients with nicotine addiction while personalizing treatment through digital therapeutics. This program will operate in the German market for its initial phase. Drug Addiction Treatment Market 2022–2030 (By Distribution Channel) www.custommarketinsight.com var ctx = document.getElementById(‘doughChart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘doughnut’,// The data for our dataset data: { labels: [‘Medical Stores’, ‘Hospital Pharmacies’, ‘Others’], datasets: [{ data: [100, 95, 85,], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Prominent Players:Alkermes Plc. Glenmark Pharmaceuticals Teva Pharmaceutical Industries Ltd. Titan Pharmaceuticals Inc. Pfizer Inc. Johnson & Johnson GlaxoSmithKline plc. Perrigo Company plc. Cipla Limited Reddy’s Laboratories Limited Hikma Pharmaceuticals Plc. Indivior Inc. Mylan N.V.The global Drug Addiction Treatment market is segmented as follows: By Treatment CentersResidential Centers Rehabilitation centers Inpatient Centers OthersBy Drug TypeTobacco/Nicotine and Vaping Marijuana Alcohol Prescription and Over-the-Counter Medications Synthetic Cannabinoids OthersBy Distribution ChannelMedical Stores Hospital Pharmacies OthersBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI21735Category: HealthcarePublished Date: December 2022
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Global Eyelashes Enhancing Agents Market 2022–2030
Report Snapshot CAGR: 5% 425M 2021 445M 2022 610M 2023 Source: CMI Study Period: 2022-2030 Fastest Growing Market: North America Largest Market: Asia-Pacific Major Players L’Oréal Paris Peter Thomas Roth Labs LLC. Allergan Athena Cosmetics, Inc. Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), The Global Eyelashes Enhancing Agents Market size was estimated at USD 425 Million in 2021 and is expected to reach USD 445 Million in 2022 and is expected to hit around USD 610 Million by 2030, poised to grow at a compound annual growth rate (CAGR) of 5% from 2022 to 2030. Our research report offers a 360-degree view of the Eyelashes Enhancing Agents market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Eyelashes Enhancing Agents market.Eyelashes enhancing agents are cosmetics that nourish and help eyelashes grow longer and thicker. These products are made up of different nutrients that support healthy lash growth. The most frequently found constituents in eyelash serums on the market include biotin, castor oil, peptides, panthenol, and sodium hyaluronate. Eyelash serums that can be obtained over the counter (OTC) frequently contain biotin. Hair health is enhanced, and keratin (a hair protein) is strengthened by biotin. When used as eyelash enhancers, peptides, panthenol, and sodium hyaluronate work as moisturizers or water binders to encourage development. Women choose eye care products over all other types of cosmetics and skin care. The most popular face and eye care items include mascara, serums, eyeliners, and kohl (kajal). There are three phases to the growth pattern of eyelashes: anagen (active), catagen (transition), and telogen (resting) The first phase, known as anagen, lasts for almost four to six weeks and is characterized by continuous eyelash growth. The hair follicles start to shrink, and the eyelashes reach their maximum length in the second phase (catagen). Two to three weeks pass during the phase. Before the lash falls out spontaneously, the telogen, or the last phase, the resting period lasts for around 100 days. The prevalence of eye inflammations, including madarosis and blepharitis, is rising, which is fueling a modest growth in the market for eyelash-enhancing products worldwide. Additionally, a shift in consumer preference toward natural eyelash enhancers and ongoing usage of stronger medical dosages that induce eyelash loss is projected to fuel market expansion during the assessment period. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Eyelash Nourishment’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#54595F’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Eyelash Repair’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f04c23 ‘, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Others’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F9E79F’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, ] },// Configuration options go here options: { title:{ display:true, text:’Eyelashes Enhancing Agents Market 2022–2030 (By Application)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333’, } } }}); Report Scope The study focuses on Eyelashes Enhancing Agents Market analysis on a global scale, and market sizing include the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by application, type, distribution channel, and geography. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 425 MillionProjected Market Size in 2030 USD 610 MillionMarket Size in 2022 USD 445 MillionCAGR Growth Rate 5% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players L’Oréal Paris, Peter Thomas Roth Labs LLC., Allergan, Athena Cosmetics, Inc., Grande Cosmetics LLC., Roden and Fields, Beauty Essentials, Skin Research Laboratories, Lashfactor London, Lancer Dermatology, Boss Biological Technique Ltd., and OthersKey Segment By Application, Type, Distribution Channel, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsIncreased sales of cosmetic items among the growing global “look-conscious” population have favoured blepharitis, which causes eye inflammation and interferes with eyelash growth. This has led to an increase in the demand for eyelash-enhancing products. Manufacturers are concentrating on providing a wide variety of efficient natural eyelash-boosting agents as a result of the customer shift toward natural therapies and treatments to prevent the side effects of chemical-induced agents. Developments and sales of eyelash-enhancing goods have been influenced by the growing effectiveness and wide range of solutions that enable the strengthening of brittle and lifeless eyelashes. The abundance of eyelash-enhancing products available in sprays, serums, and gels, which make application simple for consumers, has further aided the market’s expansion. The introduction of eCommerce and the successful placement of eyelash-enhancement products on supermarket and hypermarket shelves have contributed significantly to the market’s expansion. Smart sales tactics used by manufacturers, such as discounts, incentives, and guaranteed freebies, have resulted in increased sales closing, encouraging the market expansion of eyelash-enhancer products. The rise of the cosmetic and hair care industries’ increased awareness of eyelash health among women, and the accessibility of branded eyelash enhancers online are the main factors driving the global market for eyelash enhancers. The global eyelashes enhancing agents market is anticipated to develop over the course of the forecast period as a result of rising consumer demand for eye care cosmetics and an increase in the number of eye care cosmetics suppliers. The high cost of the pharmaceuticals utilized to make eyelash enhancers continues to be a major obstacle for the market players. The price of eyelash enhancers is further encouraging consumers to switch to their more affordable competitors, such as mascara and artificial eyelashes, which are anticipated to operate as a barrier to market expansion. The market for eyelash enhancers is expected to drop due to a number of side effects, including skin darkening, unintended diffusion of enhancers to other body regions leading to unfavourable hair growth, and irritated eyes. Global Eyelashes Enhancing Agents Market 2022–2030 (By Type) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Prescribed’, ‘Non-prescribed/OTC’], datasets: [{ data: [65, 35], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Online Segment Led the Eyelashes Enhancing Agents MarketThe worldwide eyelash enhancing agents market may be divided into online retailers and retail stores/cosmetic stores in terms of distribution channels. By 2030, the market for eyelash enhancing agents will likely be dominated by the segment of online retailers. There are several branded eyelash-enhancer products available online. Customers can now compare brands, read reviews, and purchase goods at their convenience due to this. Additionally, there are a lot of promotions and discounts available while buying cosmetics on e-commerce websites. This makes customers more likely to purchase cosmetic and eye care items online. A wide variety of eyelash-boosting products are available from L’Oréal Paris, Grande Cosmetics LLC, Peter Thomas Roth Labs LLC, and Athena Cosmetics, Inc. via online retailers like Amazon.Competitive Landscape The existence of numerous international, regional, and local vendors serving the demand generated by research scientists and industry-operating pharmaceutical and biotechnology businesses defines the global market for eyelash enhancing agents. The market is expanding as a result of rising consumer demand. The market is becoming more profitable as innovative products become more widely available. The major players have chosen to form partnerships and agreements in order to increase their geographical reach and reduce their operational costs.2022: The first professional formulation, RevitaLash Advanced Pro, has been added to the award-winning line of nourishing and enhancing cosmetics by RevitaLash Cosmetics, pioneers and innovators in eyelashes and brows. 2018: An eyelash-thickening medication called Latisse was approved for sale by Allergens Plc. The medication was created to treat hypotrichosis, a condition that results in the loss of eyelashes. It is a unique prescription item designed to lengthen eyelashes. Global Eyelashes Enhancing Agents Market 2022–2030 (By Distribution Channel) www.custommarketinsight.com var ctx = document.getElementById(‘doughChart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘doughnut’,// The data for our dataset data: { labels: [‘Online’, ‘Offline’], datasets: [{ data: [70, 25], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); The global Eyelashes Enhancing Agents market is segmented as follows: By ApplicationEyelash Nourishment Eyelash Repair OthersBy TypePrescribed Non-prescribed/OTCBy Distribution ChannelOnline OfflineBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22257Category: Consumer GoodsPublished Date: January 2023 -
Global Hemp Oil Market 2022–2030
Report Snapshot CAGR: 7% 80M 2021 90M 2022 170M 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: North America Largest Market: Asia-Pacific Major Players Aurora Cannabis Inc. ENDOCA. CV Sciences Inc. Gaia Herbs Isodiol International Inc Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), The Global Hemp Oil Market size was estimated at USD 80 Million in 2021 and is expected to reach USD 90 Million in 2022 and is expected to hit around USD 170 Million by 2030, poised to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2030. Our research report offers a 360-degree view of the Hemp Oil market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Hemp Oil market.Hemp oil, or hemp seed oil, is made from hemp seeds. Hemp oil has a nutty flavour and ranges in colour from dark to clear, bright green. Because of its therapeutic benefits, hemp oil is becoming increasingly popular. The essential omega-3 fatty acids, vitamins, terpenes, chlorophyll, antioxidants, amino acids, and nutraceuticals are abundant in hemp oil. Phytocannabinoids such as cannabigerol (CBG), cannabichromene (CBC), cannabinol (CBN), and cannabidivarin (CBD) are also abundant in hemp oil. The use of hemp oil in massage therapy is another significant application. Hemp seeds or cannabis plants are used to obtain hemp oil using a sophisticated extraction method. Pure hemp oil can also be used as a dietary supplement. As hemp oil becomes increasingly popular, new products are being developed, including chewing gum, drops, pills, and even CBD hemp oil products. The most nutrient-dense natural food on the market, hemp seeds are rich in minerals, protein, and fibre. They are wonderful nutrients for human health since they are rich in vitamins A, C, and E. As per a 2014 study by the University of Seville in Spain, hemp seed offers the ideal ratio of omega-3 fatty to omega-6 acids and certain compounds that help reduce high blood pressure. Due to numerous major manufacturing facilities being shut down as a result of lockdowns in many nations during the Covid-19 outbreak, the market for hemp oil has experienced a minor decline globally. Pharmaceutical and biotechnology firms are concentrating on studying and creating hemp oil-based products to successfully treat the most prevalent forms of anxiety and depression. For instance, Clever Leaves started its direct-to-business sales platform for pharmaceutical-grade cannabis extract goods on February 21 for customers in Europe, Australia, and South America. These products include full-spectrum extract oils, THC-free full-spectrum hemp oil, and CBD isolate oil. Several hemp oil producers have concentrated on research and development during the COVID-19 pandemic and have introduced new personal care, medicinal, and cosmetic products. Additionally, a number of top manufacturers have transitioned to online platforms by establishing brand-new websites to support home services. For instance, Royal CBD debuted a website and a new line of premium CBD and hemp oil-based goods on May 1, 2020. Thus, during the course of the forecast years, manufacturers should benefit greatly from the increased number of new product launches and the surge in demand for clinical research. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Hemp Flower Oil’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Hemp Seed Oil’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f04c23’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘CBD Oil’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F9E79F’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, ] },// Configuration options go here options: { title:{ display:true, text:’Hemp Oil Market 2022–2030 (By Product)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Report Scope The global Hemp Oil market research report offers an in-depth analysis of the global market size, which is further segmented into regional and country-level market size, and segmentation market growth. Also, it provides market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The scope of the study includes market sizing and forecast for segmentation by product, distribution channel, application, and geography. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 80 MillionProjected Market Size in 2030 USD 170 MillionMarket Size in 2022 USD 90 MillionCAGR Growth Rate 7% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Aurora Cannabis Inc., ENDOCA., CV Sciences, Inc., Gaia Herbs, Isodiol International Inc, CannazALL, VIVO Cannabis Inc., Hemp Oil Canada., FOLIUM BIOSCIENCES, Gaia Herbs, Medical Marijuana, Inc., CV Sciences, Inc., PharmaHemp, KAZMIRA, Canazil, SPRING CREEK LABS, Dr Hemp Me, Cavendish Nutrition LLC, QC Infusion, Hemp Production Services, and OthersKey Segment By Product, Distribution Channel, Application, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsGrowing demand for many medical uses, including stress treatment, is driving the global market for hemp oils. They are employed in the pharmaceutical business to make pain-relieving cosmetics and personal care items. The pharmaceutical industry is investing more money in research and development for new hemp-based medicines as people become more aware of their benefits. Hemp oil is useful for treating a variety of chronic conditions, including sleep difficulties, nerve discomfort, chronic pain, anxiety, and more. Additionally, a significant element fueling the expansion of the global hemp oil market is the spike in demand via online based distribution websites. The hemp oil industry has been driven by the growing legalization of hemp oil used in many nations due to its incredible health advantages. For instance, the legalization of the cannabis compound cannabidiol in the United States in 2018 led to the passage of a farm bill that allowed for the production of industrial hemp (CBD). With an increase in the world’s senior population, anxiety and depressive disorders are becoming more common, which is another factor driving the market. As a result, there was an enormous demand for hemp oil to help patients recover and reduce their symptoms of stress. An increase was observed in the use of hemp oil in the production of cosmetics & personal care items and several major players are introducing hemp oil for the treatment of joint and muscular discomfort. For instance, Synerva introduced their New CBD oil Joint and Muscle Cream in October 2020 to help people with pain. The elderly population has a huge demand for medications derived from hemp oil to treat muscle pain. Due to a rise in consumer knowledge, increased disposable income, and growing demand from working women, there was an even greater increase in the demand for personal care and cosmetics items. A significant business opportunity for CBD may result from rising Food and Drug Administration (FDA) approvals and rising government authorization to cultivate CBD for medical use. Additionally, growing alliances, mergers, and acquisition activity among the top producers of hemp-based goods may create a significant possibility for market expansion.The personal Care & Cosmetics Segment Dominated the Hemp Oil Market in 2021A growing amount of money is being spent on research and development to create and sell CBD oil-based treatments and therapies, which has led to the personal care and cosmetics segment having the largest market share among these in 2021. For instance, on July 6, 2020, consumers in the United States spent almost US$3 billion on hemp goods. Capsules, tablets, and other products comprise the pharmaceutical and nutraceutical segments. Personal care & cosmetics lotions, hand creams, jump balms, soaps, hair care products, shower gels, etc. Printing inks, construction materials, automobiles, textiles, solvents, and lubricants are some industrial subcategories. Food products and drinks are grouped as the food and beverage segment. As beverage consumption increases globally, the beverages segment has the largest market share. Food items can be divided into various categories, including cooking oils, cakes, desserts, bakery goods, doughnuts, frozen foods, salads, snacks, sauces, soups, and seasonings. Additional beverages are divided into alcoholic and non-alcoholic categories. Energy Drinks, soft drinks, RTD coffee, flavoured drinks, infused water, and others are the different categories of non-alcoholic beverages. Hemp Oil Market 2022–2030 (By Million) www.custommarketinsight.com var ctx = document.getElementById(‘singleCatBarChart’); // debugger; var myChart = new Chart(ctx, { type: ‘bar’, data: { labels: [2021,2022,2023,2024,2025,2026,2027,2028,2029,2030], datasets: [{ data: [ ’80’, ’90’, ‘100’, ‘110’, ‘120’, ‘130’, ‘140’, ‘150’, ‘160’, ‘170’ ], backgroundColor: ‘#4082c4’ }] }, options: { ‘hover’: { ‘animationDuration’: 0 } , ‘animation’: { ‘duration’: 1, ‘onComplete’: function () { var chartInstance = this.chart, ctx = chartInstance.ctx; ctx.font = Chart.helpers.fontString(Chart.defaults.global.defaultFontSize, Chart.defaults.global.defaultFontStyle, Chart.defaults.global.defaultFontFamily); ctx.textAlign = ‘center’; ctx.textBaseline = ‘bottom’;this.data.datasets.forEach(function (dataset, i) { console.log(i) var meta = chartInstance.controller.getDatasetMeta(i); console.log(meta) meta.data.forEach(function (bar, index) { let lastindex = meta.data.length-1 if( index == 0 || index == 1 || index == lastindex ){ var data = dataset.data[index]+’ M’; } else { var data = ”; } // var data = dataset.data[index]; ctx.fillText(data, bar._model.x, bar._model.y – 5); }); }); } }, legend: { ‘display’: false }, tooltips: { ‘enabled’: false }, scales: { yAxes: [{ display: false, gridLines: { display : false }, ticks: { display: false, beginAtZero:true } }], xAxes: [{ gridLines: { display : false }, ticks: { beginAtZero:true } , barPercentage: 0.8 }] } } }); Competitive Landscape The global hemp oil market has a large number of well-known companies. The market presents exciting opportunities for new businesses to engage as it is still in its early stages of development. Industry leaders use a variety of organic and inorganic strategies to get a competitive edge. Offering items that have been certified as organic is one of the primary tactics utilized by large players. In addition, a lot of companies are emphasizing clean-label promises.2022: Tilray Brands, Inc. is growing its portfolio of CANACA cannabis brands. For discerning cannabis enthusiasts who want enhanced experiences, the brand’s most recent product release involves the introduction of three new high-potency full-spectrum butane hash oil-infused items and extended distribution of its current collection across Canada. 2022: Rubicon Organics Inc., a producer with a license dedicated to the cultivation and distribution of premium certified organic cannabis, announces the launch of eleven new products under the Simply Bare Organic and 1964 Supply Co brands in Quebec. This increases Rubicon Organics’ presence in Quebec by doubling the number of readily available products. 2021: The US-based market participant has announced product marketing that takes advantage of cutting-edge technology that allows the use of pharmaceutical-grade cannabidiol in the treatment of chronic illnesses. This project has assisted various firms in collaborating with CBD products and providing drinks infused with cannabis. 2021: The cannabis extractor, which creates cannabis concentrate without the use of solvents, was introduced to the market by one of the major players. The US Patent and Trademark Office has granted the corporation a patent for the invention. Global Agricultural Testing Market 2022 – 2030 www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Soil’,’Water’,’Seed’,’Plant Tissue’,’Manager’,’Biosolids’], datasets: [{ data: [61257,181045,153060,105162,95072,89657], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); The global Hemp Oil market is segmented as follows: By ProductHemp Flower Oil Hemp Seed Oil CBD OilBy Distribution ChannelHospitals Pharmacies Online OthersBy ApplicationPharma and Nutraceuticals Personal Care & Cosmetics Industrial Food and Beverages Others Global Agricultural Testing Market 2022 – 2030 www.custommarketinsight.com var ctx = document.getElementById(‘doughChart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘doughnut’,// The data for our dataset data: { labels: [‘Soil’,’Water’,’Seed’,’Plant Tissue’,’Manager’,’Biosolids’], datasets: [{ data: [61257,181045,153060,105162,95072,89657], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); By Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22251Category: Consumer GoodsPublished Date: January 2023
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Global Hyaluronic Acid Market 2022–2030
Report Snapshot CAGR: 8% 1.1B 2021 1.26B 2022 2.6B 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: North America Largest Market: Asia Pacific Major Players Allergan Genzyme Corporation Sanofi Anika Therapeutics Inc. Salix Pharmaceuticals Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), The Global Hyaluronic Acid Market was estimated at USD 1.1 billion in 2021 and is expected to reach USD 1.26 billion in 2022 and is anticipated to reach around USD 2.6 billion by 2030, growing at a CAGR of roughly 8% between 2022 and 2030. Our research report offers a 360-degree view of the Hyaluronic Acid market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Hyaluronic Acid market.The fluids surrounding our eyes and joints, which serve as a lubricant and cushion for the tissues, have the highest quantities of hyaluronic acid. This glycosaminoglycan is naturally present in our bodies. It aids in keeping the skin’s moisture levels stable. Due to its ability to hold moisture, hyaluronic acid is frequently utilized in skincare products to promote softer, smoother, and more moisturized skin. For those with low quantities of hyaluronic acid, nutritional supplements containing hyaluronic acid are also sold on the market. Such glycosaminoglycan is a crucial lubricant in body joints and is also sought after in the medical sector to treat osteoarthritic joints’ inflammatory problems. Hyaluronic acid is obtained from rooster combs or produced in a laboratory by bacteria. Hyaluronic acid injections into the knee have been approved by the FDA for individuals with osteoarthritis of the knee. Patients with cataracts might also receive it as an injection into the eye. In 2021, the cosmetics application market had the largest market share. Dermal fillers are becoming popular, which is the key factor driving demand. According to L’Oréal’s Cosmetics Market Report 2020, COVID-19 had a substantial impact on the cosmetics market, causing a fall of about 8% in the first two quarters. However, the same survey claims that the existence of e-commerce platforms helped mitigate the effect to some extent, with online cosmetic sales expected to increase by 40% globally by the year 2020. However, a study of 1000 US women conducted by the American Society of Plastic Surgeons in April 2021 found that 70% of them planned to get a cosmetic surgery operation or a minimally invasive procedure after COVID-19. This demand will aid in the market’s recovery when COVID-19’s impacts start to fade.Report Scope The study’s focus is on Hyaluronic Acid market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by grade, application, end-user, and geography.Feature of the Report DetailsMarket Size in 2021 USD 1.1 BillionProjected Market Size in 2030 USD 2.6 BillionMarket Size in 2022 USD 1.26 BillionCAGR Growth Rate 8% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Allergan, Genzyme Corporation, Sanofi, Anika Therapeutics Inc., Salix Pharmaceuticals, F. Hoffmann-La Roche Ag, Seikagaku Corporation, Galderma Laboratories L.P., Smith & Nephew Plc, Zimmer Biomet, Ferring B.V., HTL Biotechnology, Lifecore Biomedical Llc, Shiseido Company Limited, LG Life Sciences Ltd (LG Chem.), Bloomage Biotechnology Corporation Limited, Maruha Nichiro Inc., and OthersKey Segment By Grade, Application, End-users, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfill your requirements for research.Key Market DynamicsThe aging population and the development of technologically sophisticated products are expected to drive market growth. In the upcoming years, the industry’s growth is anticipated to be driven by the growing preference for minimally invasive procedures and the need for quicker outcomes. The advent of cost-effective treatments and products, the aging population, growing aesthetic consciousness, and technology advancements are a few of the causes propelling the industry’s expansion. The number of aesthetic operations being performed is rising as a result of an increase in plastic surgeons and cosmetic surgery offices. The industry is being driven by the increasing use of nonsurgical cosmetic procedures like Botox and injectable hyaluronic acid. During the projection period, new product developments and an increase in the use of business strategies by important market participants, such as mergers and acquisitions, are expected to fuel growth. Hyaluronic acid has a number of health advantages that will increase demand, including moisture retention, quicker wound healing, relief from joint pain, prevention of dry eyes and discomfort, and preservation of bone strength. Two significant aspects that are projected to contribute to the expansion of the global hyaluronic acid market during 2022-2030 are the rise in chronic diseases and the rising cost of healthcare services. Additionally, the market for hyaluronic acid is growing as a result of minimally invasive procedures and rising awareness of beauty and wellness. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Food’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Cosmetic’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f04c23 ‘, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Pharmaceutical’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F9E79F’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, ] },// Configuration options go here options: { title:{ display:true, text:’Hyaluronic Acid Market 2022–2030 (By Grade)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Osteoarthritis Application Led the Hyaluronic Acid MarketIn 2021, the OA led the sector globally and generated more than 40% of total sales. Due to a growth in the number of elderly people and a growing preference for minimally invasive procedures, the business is predicted to expand. Nearly 90% of viscosupplement prescriptions are meant to treat knee osteoarthritis. Both corticosteroids and hyaluronic acid injections can be used to treat osteoarthritis. According to the Osteoarthritis Research Society International (OARSI), the U.S., however, viscosupplementation is marginally more successful than corticosteroids. Viscosupplements are becoming more well-liked as a treatment, notwithstanding the large percentage of painkillers in pain management. The U.S. FDA approved the use of hyaluronan as a therapy for osteoarthritis in 1997, and it has since garnered a significant market share. The osteoarthritis market is further divided into three categories: single injections, three injections, and five injections. Despite having greater treatment costs than its competitors, the market has generally accepted the single hyaluronic acid injection. Single injections are more convenient and require fewer trips to the hospital while also causing less discomfort and negative side effects. Over the forecast period, the market growth is also anticipated to be aided by the rising occurrences of obesity and the growing senior population. Dermal fillers are the most popular and nonsurgical injectable therapy, specifically used to address soft tissue abnormalities on the face, according to the American Society of Plastic Surgeons (ASAPS). Dermal fillers made of hyaluronic acid are frequently used for aesthetic procedures such as reducing nasolabial folds, dark circles, eye wrinkles, and scarring. Hyaluronic acid injections are simple to administer, efficient, and substantially less expensive; these benefits are anticipated to fuel growth throughout the course of the forecast period.Competitive Landscape Tier-1 and tier-2 firms are prevalent in the global hyaluronic acid market. All of the companies in the industry are vying for the largest possible portion of the market, which is very competitive. Limited government approval and licenses and high investment in hyaluronic acid research and development boost rivalry among the competitors. Our market analysis includes a section specifically devoted to key players operating in the Hyaluronic Acid Market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.2021: Three different types of hyaluronic acid have been introduced by Royal DSM, a multinational scientific corporation involved in nutrition, health, and sustainable living. These are HYA-ACTTM M Medium Molecular Weight products, which improve skin moisture and fortify the barrier of defense. While HYA-ACTTM XS Very Small Molecular Weight (MW 37-56 kDa) delivers a continual burst of strong hydration and smoothens out fine lines, HYA-ACTTM S Small Molecular Weight (MW 200-400 kDa) locks in moisture for an even greater hydration boost. 2020: Juvederm Voluma XC, a new hyaluronic acid product approved by AbbVie, is intended to improve the chin profile in adults.The global Hyaluronic Acid market is segmented as follows: By GradeFood Cosmetic PharmaceuticalBy ApplicationPharmaceutical API Aesthetics Osteoarthritis Cosmetics Ophthalmology Dietary SupplementsBy End-usersPharmaceuticals Industry Cosmetic Surgery Centers Dermatology Clinics Food Industry OthersBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22249Category: Chemicals And MaterialsPublished Date: January 2023 -
Global Kojic Acid Market 2022–2030
Report Snapshot CAGR: 2% 60M 2021 62M 2022 75M 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: Asia-Pacific Largest Market: North America Major Players Sansho Seiyaku Hubei Artec Biotechnology Co Xian Hao-Xuan Bio-tech Co Syder Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), The Global Kojic Acid Market was estimated at USD 60 million in 2021 and is expected to reach USD 62 million in 2022 and is anticipated to reach around USD 75 million by 2030, growing at a CAGR of roughly 2% between 2022 and 2030. Our research report offers a 360-degree view of the Kojic Acid market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Kojic Acid market.One of the Aspergillus fungal species, Aspergillus oryzae, produces the chemical known as kojic acid. Usually a by-product of rice malting’s fermentation process. The compound is called 5-hydroxy-2-hydroxymethyl-4-pyrone chemically. It is employed in producing the Japanese rice wine known as Sake. Limiting the creation of tyrosine, which is necessary for the formation of the skin pigment melanin, kojic acid aids in reducing the production of melanin. Additionally, it contains antioxidant, antimicrobial, and color-protective effects. The Japanese word koji, which is also the name of the fungus Aspergillus oryzae, is where kojic acid derives its name. As a result of its health advantages, it is commonly consumed in Japan. Due to its many properties, it is used in the food, medicine, and cosmetics industries. The COVID-19 epidemic presented numerous difficulties for the major market actors. The operational, supply chain management, marketing, and production factors were among them. The activities of the kojic acid business were significantly impacted by the numerous legal restrictions put in place by nations all over the world. Limitations imposed by COVID-19 led to a sudden halt in international trade as well as imports and exports. The market was further impacted by this. However, by 2022, sales and production are projected to increase in the market. Due to its antibacterial, color-protective, and antioxidative qualities, kojic acid provides a number of advantages. It contains antibacterial and antifungal characteristics in addition to anti-ageing effects on the skin. Additionally, it lessens scarring and skin discolouration. Due to its health advantages, kojic acid is extensively consumed in Japan and South Korea. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Pharmaceutical Grade’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#808B96’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Cosmetic Grade’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F9E79F’, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Food Grade’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#54595F’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, { label: ‘Others’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F6DDCC’, borderColor: ‘#f39c12’, type: ‘bar’, order:4 }, ] },// Configuration options go here options: { title:{ display:true, text:’Global Kojic Acid Market 2022–2030 (By Grade)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Report Scope The global Kojic Acid market research report offers an in-depth analysis of the global market size, further segmented into the regional and country-level market size, and segmentation market growth. Also, it provides market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The scope of the study includes market sizing and forecast for segmentation by grade, end-user, and geography. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 60 MillionProjected Market Size in 2030 USD 75 MillionMarket Size in 2022 USD 62 MillionCAGR Growth Rate 2% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Sansho Seiyaku, Hubei Artec Biotechnology Co, Xian Hao-Xuan Bio-tech Co, Syder, Sichuan Huamai Technology Co, Hubei Hongjing, Chengdu Jinkai, Hubei Xinxinjiali Bio-Tech, Kose Corporation, Triveni Interchem, Hubei Xiangxi Chemical, and OthersKey Segment By Grade, End-user, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsBecause of its beneficial effects on the skin, kojic acid is highly sought after in the cosmetics business. A major trend and contributing cause to the development in demand is the increasing demand for skin care products worldwide, particularly in developing nations. The demand for this acid is significantly influenced by skincare in the cosmetics sector. This fuels industry expansion and demand on a global scale for cosmetics. In the Asia Pacific area, the kojic acid market is expanding quickly. This acid is a food additive used in the food industry to stop fruits and vegetables from oxidizing. Additionally employed to maintain the color of meat and seafood. The exponential rise of the food industry worldwide, particularly in developing nations, is a significant contributor to the surge in global demand. As kojic acid is an organic and natural substance secreted by several microorganisms of the aspergillus genus, the rising demand for organic and natural beauty products will present potential prospects for the global kojic acid market. The global kojic acid market is expanding as a result of reasons such as rising food production due to population expansion, the rising need for medicine to treat fungal infections, including athlete’s foot, and rising skincare product consumption. Kojic acid can be used excessively to cure the skin, albeit this might have undesirable side effects such as dermatitis, rashes, and blisters. Therefore, this might negatively affect how kojic acid is used in the cosmetics industry, which might hinder the expansion of the worldwide kojic acid market. Global Kojic Acid Market 2022–2030 (By Million) www.custommarketinsight.com var ctx = document.getElementById(‘singleCatBarChart’); // debugger; var myChart = new Chart(ctx, { type: ‘bar’, data: { labels: [2021,2022,2023,2024,2025,2026,2027,2028,2029,2030], datasets: [{ data: [ ’60’, ’62’, ‘62.5’, ’63’, ’65’, ’67’, ’69’, ’71’, ’73’, ’75’ ], backgroundColor: ‘#4082c4’ }] }, options: { ‘hover’: { ‘animationDuration’: 0 } , ‘animation’: { ‘duration’: 1, ‘onComplete’: function () { var chartInstance = this.chart, ctx = chartInstance.ctx; ctx.font = Chart.helpers.fontString(Chart.defaults.global.defaultFontSize, Chart.defaults.global.defaultFontStyle, Chart.defaults.global.defaultFontFamily); ctx.textAlign = ‘center’; ctx.textBaseline = ‘bottom’;this.data.datasets.forEach(function (dataset, i) { console.log(i) var meta = chartInstance.controller.getDatasetMeta(i); console.log(meta) meta.data.forEach(function (bar, index) { let lastindex = meta.data.length-1 if( index == 0 || index == 1 || index == lastindex ){ var data = dataset.data[index]+’ M’; } else { var data = ”; } // var data = dataset.data[index]; ctx.fillText(data, bar._model.x, bar._model.y – 5); }); }); } }, legend: { ‘display’: false }, tooltips: { ‘enabled’: false }, scales: { yAxes: [{ display: false, gridLines: { display : false }, ticks: { display: false, beginAtZero:true } }], xAxes: [{ gridLines: { display : false }, ticks: { beginAtZero:true } , barPercentage: 0.8 }] } } }); Cosmetic Grade to Hold the Largest Share in the Kojic Acid Market in 2021In 2021, the cosmetic grade represented a market share of more than 30% of the total market for kojic acid. Kojic acid is a tyrosinase inhibitor that prevents tyrosine formation, which subsequently stops the generation of melanin, which has a lightening effect on the skin. Most frequently found in cosmetic items, including creams, lotions, and serums, kojic acid is also present in some soaps. Many kojic acid-containing products are designed for use on the hands or face. The rising demand for self-care items has increased consumer spending on skincare and cosmetics, which has benefited kojic acid usage. For example, Shiseido’s overall 2021 yearly cosmetics sales climbed by 7% in America, while Proctor & Gamble’s skin care product sales increased by 11% compared to the same period in 2020. Therefore, kojic acid will be used as a skin-lightening agent more often in the cosmetic industry as a result of this rise in skincare product use. The development of the worldwide kojic acid industry will benefit from this.Competitive Landscape Companies regularly participate in mergers and acquisitions in order to increase their market position and establish a strong regional presence. The competitive landscape of the Kojic Acid industry gives information about the competitors. The company’s financials, revenue generated, market potential, investment in R&D, global presence, new market initiatives, production capacities, production sites and facilities, company strengths and weaknesses, product release, product width and breadth, and application dominance are among the details that are included. The data points mentioned above only pertain to the companies’ market focus on Kojic Acids. Global Kojic Acid Market 2022–2030 (By End-user) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Pharmaceuticals’, ‘Food & Beverage’, ‘Cosmetics & Personal Care’, ‘Others’], datasets: [{ data: [50, 30, 20, 10,], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },});2022: Peace Out Dark Spots Serum has been introduced by Peace Out Skincare, a company that focuses on developing one-step treatments for skin problems. 2022: The Multi-bright Tranexamic Acid Treatment 5% from Naturium is a potent emulsion that employs tranexamic acid to treat facial hyperpigmentation and dark spots. It is suited for all skin types and tones and is designed to hydrate and improve overall skin tone. Encapsulated kojic acid, alpha arbutin, and acetyl glucosamine are also included in the tranexamic acid-based treatment. 2021: The skincare firm Faces Canada was acquired by the online beauty and personal care retailer Purplle, and this acquisition will expand the company’s innovative, high-quality makeup products.The global Kojic Acid market is segmented as follows: By GradePharmaceutical Grade Cosmetic Grade Food Grade OthersBy End-userPharmaceuticals Food & Beverage Cosmetics & Personal Care OthersBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22241Category: Chemicals And MaterialsPublished Date: January 2023
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Global Food and Beverage Stevia Market 2022–2030
Report Snapshot CAGR: 8% 200M 2021 223M 2022 400M 2023 Source: CMI Study Period: 2022-2030 Fastest Growing Market: North America Largest Market: Asia-Pacific Major Players Purecircle Limited Layn Qufu Xiangzhou Stevia Zhucheng Haotian Sunwin Stevia International Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), the Global Food and Beverage Stevia Market size was estimated at USD 200 Million in 2021 and is expected to reach USD 223 Million in 2022 and is expected to hit around USD 400 Million by 2030, poised to grow at a compound annual growth rate (CAGR) of 8% from 2022 to 2030. Our research report offers a 360-degree view of the Food and Beverage Stevia market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Food and Beverage Stevia market.Stevia, an extract from the stevia plant’s leaves, is essentially a sweetener and sugar alternative. Due to its several benefits, including its significant protein ingredient and low-calorie content, it occupies a considerable position within the sweetener category. Stevia is widely used in the food and beverage industry as a result of growing public knowledge of its health benefits. Rebaudioside A and stevioside, two of the most potent and significant substances found in stevia, are largely to blame for the plant’s sweetness. Many Latin American nations, including Brazil and others, have used stevia. It is 200 times sweeter than sugar, an all-natural sweetener with no calories that are used to treat health issues. Furthermore, due to its low glycemic index and the fact that it has no effect on blood sugar levels, it is ideally suited for diabetic people as well. Up to 2030, it is projected that increasing disposable income, changing lifestyles in developing nations, and preserving good health would drive the expansion of the worldwide food and beverage stevia industry. Over the course of the forecast period, a change in lifestyle and rising consumption of low-calorie foods are anticipated to propel the growth of the global food & beverage stevia market. In addition, between 2022 and 2030, it is anticipated that an increase in the number of obese and diabetic patients worldwide would support the expansion of the global food & beverage stevia market. In addition, it is anticipated that by 2030, shifting governmental policies and a focus on stevia promotion by governments around the world would further propel the market for stevia-sweetened foods and beverages. With the beginning of the COVID-19 pandemic, the food and beverage stevia market experienced a sharp increase as consumers sought ways to improve their general health and wellness, which led to an increase in demand for less sugary and immunity-boosting goods. Most health-conscious consumers turned to low-calorie or sugar-free cuisine as a result of the COVID-19 outbreak. Therefore, manufacturers and product formulators have been compelled to use stevia as a result of rising health consciousness, high demand for sugar-reduction solutions, and demand for organic foods among the general population. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Reb A’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Reb D’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#F6DDCC’, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Reb M’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#808B96’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, ] },// Configuration options go here options: { title:{ display:true, text:’Food and Beverage Stevia Market 2022–2030 (By Extract Type)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Report Scope The study’s focus is on Food and Beverage Stevia market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by extract type, form, and geography.Feature of the Report DetailsMarket Size in 2021 USD 200 MillionProjected Market Size in 2030 USD 400 MillionMarket Size in 2022 USD 223 MillionCAGR Growth Rate 8% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Purecircle Limited, Layn, Qufu Xiangzhou Stevia, Zhucheng Haotian, Sunwin Stevia International, Cargill (Evolva), GLG Life Tech, Morita Kagakau Kogyo, Tate & Lyle, HuZhou LiuYin Biological, Tianjin Jianfeng, Hunan NutraMax, and OthersKey Segment By Extract Type, Form, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsAn excellent natural sweetener with few calories is stevia. It is widely used in the food and beverage industry. Consumers are switching to healthier lifestyles as a result of the rising prevalence of chronic diseases like diabetes and obesity. As a result, producers are substituting stevia for artificial sugar in dietary supplements, beverages, pet feeds, etc. In the upcoming years, these elements are anticipated to fuel the stevia market’s expansion. Alkaloids, oligosaccharides, flavonoids, xanthophyll, hydroxyl-cinnamic acids, chlorophylls, free sugars, trace elements, lipids, and amino acids are all present in stevia. These make it possible to produce stevia-based foods that are low in calories, are healthful, and are known to help manage several medical conditions. Going forward, the market is anticipated to benefit from the availability of stevia extract in a variety of forms, including powder, liquid, and leaves, as well as the rising use of these components in beverages, bakery goods, confections, dairy goods, and cereal-based items, among other things. Additionally, because more consumers are favouring plant-based goods, demand for stevia is anticipated to expand. A rising number of innovative stevia-based products that are affordable and find use in a broad range of food & beverage applications, as well as the optimistic view for stevia as a natural sweetener owing to surging demand for dietary food, are also driving the market. This is leading to a rise in use among many food and beverage companies. In addition, it is anticipated that factors, including government initiatives and expanding application-related developments, will support market expansion. However, the stevia industry’s expansion is significantly hampered by the stevia leaf’s price fluctuation. Nevertheless, seasonal variations in crop output have an impact on the availability of Stevia leaves. Stevia demand is anticipated to increase along with supply shortages and price increases during the projection period as a result of the decline in stevia farming.Powder Segment to Dominate the Food and Beverage Stevia MarketIn middle- and high-income nations, stevia extract is used as a non-nutritive sweetener substitute in beverages, desserts, and other food products. With the introduction of new goods to the market, the popularity of stevia extract among health-conscious customers raised sales for this market category by about 60%. The use of stevia powder extract for health reasons, such as lowering blood pressure, managing diabetes, and controlling weight, is anticipated to fuel the segment’s revenue growth. During the anticipated period, the liquid extract segment is projected to experience moderate revenue growth. People are generally consuming fewer processed goods, and the liquid extract is especially well-liked among those consumers because it is less processed. The leaves segment’s sales are growing as consumers choose to consume low-calorie, minimally processed foods and live healthier lifestyles. The demand for stevia leaves has expanded as a result of its use in food processing and as a garnish for foods such as ice cream, sauces, sweets, yoghurts, soft drinks, juice, and bread. Food and Beverage Stevia Market 2022–2030 (By Extract Form) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Leaves’, ‘Powder’, ‘Liquid’], datasets: [{ data: [45, 35, 25], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Competitive Landscape To accommodate the growing consumer expectations, major companies are releasing a variety of new products. To accommodate the rising demand for stevia-based goods, coffee brighteners and sweeteners are being introduced. The sales of nutritional supplements that are low in calories, and sugar and promote immunity have also increased as a result of COVID-19. In turn, during the anticipated period, this is anticipated to fuel the growth of the food and beverage stevia market.2022: EverSweet and ClearFlo were combined to create a new technology, according to Cargill, that enhances mouthfeel, lessens bitterness, and lingers. The combination increases stability, solubility, and dissolving speed while introducing natural flavour.The global Food and Beverage Stevia market is segmented as follows: By Extract TypeReb A Reb D Reb MBy FormLeaves Powder LiquidBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22253Category: Food & BeveragesPublished Date: January 2023 -
Global Apricot Market 2022 – 2030
Report Snapshot CAGR: 6.7% 955 M 2021 995 M 2022 1254 M 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: Asia-Pacific Largest Market: Europe Major Players King Apricot Chi Tree Bata Food Ziba Foods Others Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample PdfReports Description According to Custom Market Insights (CMI), The Global Apricot Market Size was valued at USD 955 million in 2021 and is expected to reach USD 995 million in 2022 and is estimated to reach USD 1254 million by the end of 2030 at a CAGR of approximately 6.7% during the forecast period 2022-2030. As apricots have a high nutritional value, the demand for apricots has grown in recent years. As these apricots have a long chain of fatty acids and different types of vitamins, the need for apricots is expected to grow in the coming years. Consumption of apricots helps prevent various diseases, and the market is expected to grow well in the coming years. As apricots are extremely rich in different nutrients, they are seen as healthy fruit due to the presence of fats, proteins, minerals, vitamins, and carbohydrates. To learn more about this report, Request a Free sample The presence of vitamin B, vitamin C, vitamin K, and vitamin A in apricots makes them highly nutritious. In addition, they also contain a few organic acids like malic acid and citric acid. In recent years, the nutrition and food sector has seen a significant shift due to a growing preference for food products rich in nutrients. This trend will continue to grow in the coming years and will drive the market growth of apricots during the forecast period. Apricots are also seen as a functional food as it processes different types of nutrition, which is expected to provide great potential for market growth in the coming years. Furthermore, the presence of phenolic acids and flavonoids in apricots offers better nutrition and is seen as one of those functional foods on the market. The market growth of apricots will only be hampered due to the nations where apricot it’s produced. In apricot-producing countries, raw material prices fluctuate, and these cost changes will inhibit the market’s growth in the coming years. In addition, fluctuation in the inventory will restrain the development of the market. Political instability is another reason to hamper the market’s growth in the coming years as the trade between the nations is affected. Apricots are also consumed on a large scale in the dried Form as it happens to be an essential snacking nut. The availability of apricots as a snacking option which is highly convenient, will help in the market’s growth in the coming years. Furthermore, the presence of dietary fibers and pectin in apricots is highly beneficial for people suffering from cholesterol issues. In addition, the consumption of apricot helps reduce the levels of cholesterols to a great extent. Growth Factors There has been an increased demand for apricots across various regions as they are used on a large scale in the confectionary, food, and bakery industries. Increased demand for different types of food products that use apricots will lead to the market’s growth in the coming years. In addition, in recent years, there has been a growth in the trend for ready-to-cook products, due to which the use of apricots is expected to grow. All the global markets are seeing tremendous demand for apricots as they help prevent many diseases and possess curing properties. It is not just considered an essential food that provides nutrients, but many other benefits are associated with consuming apricots. The presence of phytochemicals in apricots is one of the components in the food in great demand. Although the most important antioxidants are phenolic compounds, the benefits associated with the presence of antioxidants in the body will help the market’s growth during the forecast period. The presence of biologically active phytochemicals and the usage of apricots in medicinal Form will lead to the market’s growth during the forecast period even though the various food products containing apricot may be more expensive than the other products on the market. Like developed nations worldwide, developing nations have been consuming many apricots in recent years. An increase in the disposable income of people in underdeveloped and developing countries has a good demand for apricots. As the vegan population worldwide is growing and there has also been an increase in awareness regarding health, the demand for apricots is expected to grow well in the coming years. Many consumers worldwide have adopted a healthy and better lifestyle to combat diseases sent to improve immunity, and the market for apricots is expected to grow. It also helps meet the requirements of nutrients, which the market is expected to grow well in the coming years. Most doctors across the world suggest the consumption of apricots to prevent a few diseases and to increase immunity. As the disposable income of people in developing and underdeveloped nations has increased, the consumption of apricots is expected to grow in these regions in the coming years. As a result, the consumption of dried apricots as a healthy snack has also increased, and the availability of this option will lead to the market’s growth in the coming years. To learn more about this report, Request a Free sample Consumers make discretionary purchases due to the increase in disposable income. However, about 24.8% of the world population is suffering from this, and daily consumption of apricots helps in increasing hemoglobin, and this is one of the reasons why the market is expected to grow in the coming years period of about 47% of children that are in the preschool age also suffer with lower hemoglobin levels and the demand for apricots is expected to grow they are the best source of iron and other essential nutrients. Segmental Insights Apricot market segment based on the Product based on the Product, the conventional products segment is expected to have the largest market share in the coming years. The part has dominated the market in the past with a share of about 90%, and it will continue to grow well in the coming years. Apricots are available in supermarkets. They’re also readily available in other stores with reasonable prices period the availability of various offers on these products will lead to the growth of the segment in the coming year period; apart from the conventional product segment, the organic component is also expected to have a good share in the coming years period increasing awareness regarding the availability of organic products and the benefits associated with its consumption will lead to the growth of this segment in the coming years period there shall be greater demand for the dried apricots of the organic Form as they are free of any harmful chemicals period the absence of sulfite is one of the reasons why the organic segment will continue to grow in the coming years. Turkish apricots of organic nature are expected to have good demand in the premium markets as they have good popularity. In addition, they are high in potassium, and the benefits of potassium for maintaining the heart’s health will increase the consumption of Turkish apricots. In addition, consuming apricots is associated with regulating blood pressure, another benefit that will drive market growth in the coming years. Apricot market segment based on Form Based on the Form, the powdered category is expected to have the largest market share in the coming years. this segment has dominated in the past with a share of about 60%. It is preferred when using apricots in the dried format in the beverages and food industry because it is straightforward to incorporate. Apricot in dried Form is also used in various products of personal care period. The diced segment is also expected to have a good market share, and it is expected to grow with the highest compound annual growth rate of 6.3% in the coming years. With the consumption of dried apricots, salads, oatmeals, muffins, and cookies, the market is expected to grow well in the coming years. In addition, the sweet taste of apricots has made their incorporation in various confectionery and bakery items easily possible. Apricot market segment based on the Distribution Channel Based on the distribution channel, the demand for apricots through the online segment is expected to have the highest market share. It will grow at a compound annual growth rate higher than any other segment. The sales of apricot through Flipkart and Amazon will increase in the coming years, just like any other eCommerce platform. The younger population has grown aware of the benefits associated with the consumption of these snacks. The availability of the Internet and the use of smartphones will lead to the market’s growth. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 955 millionProjected Market Size in 2030 USD 1254 millionCAGR Growth Rate 6.7% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players King Apricot, Chi Tree, Bata Food, Ziba Foods, Kayisicioglu Apricot, Kenko Corporation, National Raisin Company, Dag Food, Quirkeycots, Anatolia A., and OthersKey Segment By Product, Form, Distribution Channel, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfill your requirements for research.Regional Insights The Asia Pacific region is expected to grow with the highest compound annual growth rate, which is expected to be 7.5% in the coming years in terms of the revenue generated. As consumption patterns have changed and the behavior of consumers has also changed, the demand for apricots is expected to grow in the Asia Pacific region during the forecast period. Increase in disposable income in various nations across the Asia Pacific region, especially the countries like India and China; the demand is expected to grow in the coming years. The maximum consumption of apricots is in China, where there are many consumers. About 80% of apricots that are produced in China are exported to other countries in the Central Asian region. In the past, the maximum share was held by the African and Middle East regions, and they had a market share of about 30% in revenue. To learn more about this report, Request a Free sample The highest consumption of apricots was recorded in Turkey in the past. Apart from the increased consumption of apricots in Turkey, the production of apricots is also good in this region. In the past, this region has exported many apricots and had great global shows. Countries majorly import apricots from Turkey, Russia, and the United States. As a result, there has been an increase in the disposable income of consumers, especially those in urban areas. The demand for apricots has increased in nations like the United Arab Emirates and Saudi Arabia. In the coming years, the number of consumers in Iran is also expected to grow. Key Players King Apricot Chi Tree Bata Food Ziba Foods Kayisicioglu Apricot Kenko Corporation National Raisin Company Dag Food Quirkeycots Anatolia A.Recent DevelopmentWild Apricot Inc. was purchased from Canada in the year 2017 by Personify Company which has its headquarters in Texas. Dried apricots in the packaged form were launched by Del Monte Foods in the year 2016.Segments covered in the report By Product Organic ConventionalBy FormPowdered Whole dried DicedBy Distribution ChannelOnline OfflineRegional Outlook North AmericaU.S CanadaEuropeU.K Germany France1Asia PacificChina India Japan South KoreaRest of the World { “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI19010Category: Food & BeveragesPublished Date: September 2022
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Global Online Education Market 2022–2030
Report Snapshot CAGR: 23% 30B 2021 49B 2022 200B 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: Asia-Pacific Largest Market: North America Major Players Lynda.com Mcgraw-Hill Education Tata Interactive Systems Blackboard Inc. Powerschool Group LLC Aptara Inc. K12 Inc Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), the Global Online Education Market size was estimated at USD 30 Billion in 2021 and is expected to reach USD 49 billion in 2022 and is expected to hit around USD 200 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 23% from 2022 to 2030. Our research report offers a 360-degree view of the Online Education market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Online Education market.Online education refers to a computer-assisted learning approach that depends on the internet for collaboration and study material sharing between instructors and students. The desire to reduce the cost of instruction, the expansion of government initiatives that encourage online learning and the penetration of cell phones and the internet are all factors that are fueling the growth of the online education market. Additionally, the advent of AI-enabled e-learning solutions and growing interest in flexible and adaptable learning are predicted to fuel market expansion. Nearly every area of human life has been impacted by the pervasiveness of information technology over the years, including how we work, connect with others, transform data into information, analyze and exchange information, amuse ourselves, and take pleasure in travel. Additionally, e-mails, e-commerce, e-government, and now e-education are all products of e-evolution or e-revolution. The way we approach teaching and learning is changing as a result of e-learning or online education. From an educational standpoint, e-learning is a technology-mediated learning approach with a lot of potentials, and it has been one of the main areas of study for educational technology in recent years. A new teaching-learning environment named e-learning has recently been incorporated due to the digital transformation of education institutions at all levels. Additionally, the COVID-19 epidemic pushed a billion students and millions of teachers to abruptly change their face-to-face academic methods wherever possible, leading to the closure of classrooms worldwide. This circumstance demonstrated both the advantages and disadvantages of educational systems dealing with the issue of digitization. The quickly spreading coronavirus severely hurt all enterprises, yet amazingly, the online education system indicated profitable growth potential despite the pandemic threat. The global online education market is anticipated to expand at a double-digit CAGR between 2022 and 2030. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Hardware’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Software’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#f04c23 ‘, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, ] },// Configuration options go here options: { title:{ display:true, text:’Online Education Market 2022–2030 (By Component)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Report Scope The study’s focus is on Online Education market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by component, product, learning type, end-user, and geography. Report ScopeFeature of the Report DetailsMarket Size in 2021 USD 30 BillionProjected Market Size in 2030 USD 200 BillionMarket Size in 2022 USD 49 BillionCAGR Growth Rate 23% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players Lynda.com, Mcgraw-Hill Education, Tata Interactive Systems, Blackboard Inc., Powerschool Group LLC, Aptara Inc., K12 Inc., Udacity Inc., Skills2learn Ltd., Cisco Systems Inc., City & Guilds Group, Citrix Education Inc., Docebo, Centerpoint Systems Inc., Adobe Systems Inc., Articulate Global Inc., Learning Pool, Cornerstone on demand Inc., Microsoft Corporation, Sap SE, Saba Software, Adobe Systems Inc., Oracle Corporation, Edmodo, KallidUS ltd., and OthersKey Segment By Component, Product Type, Learning Type, Vertical, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsAs infrastructure and technology have advanced globally, internet usage has skyrocketed, enabling people and businesses to achieve new heights. By providing remote learning courses to students of all ages, the education sector has surpassed other industries throughout the digital disruption. The online education industry is expanding as a result of the many students who utilize online education technologies to complete their educational requirements without leaving their homes, workplaces, or cities. These technologies are affordable and great online tools. The market for online education is rising primarily due to the development of skills and expanded work opportunities. Students place a strong emphasis on growing their abilities in order to progress in their jobs and get deeper information. Therefore, it is projected that the rising adoption of skill development through online certificates on digitized platforms, particularly in Tier 1 cities, will fuel the expansion of the online education market. On e-learning platforms, the usage of AI and machine learning has grown as a result of their capacity to tailor content to the individual knowledge bases of each student. To optimize and enhance learning experiences, AI and ML can swiftly evaluate massive amounts of data and spot patterns and trends. It improves course adaptability, speeds up the learning process, and simplifies without compromising quality. The development of e-learning has been enhanced by automatic translation and localization. Multilingual content can be created for multinational firms with branches in multiple countries or the increasingly prevalent scenario of multinational corporations operating with remote staff who speak different languages. Online Education Market 2022–2030 (By Billion) www.custommarketinsight.com var ctx = document.getElementById(‘singleCatBarChart’); // debugger; var myChart = new Chart(ctx, { type: ‘bar’, data: { labels: [2021,2022,2023,2024,2025,2026,2027,2028,2029,2030], datasets: [{ data: [ ’30’, ’49’, ’68’, ’87’, ‘106’, ‘125’, ‘144’, ‘163’, ‘182’, ‘200’ ], backgroundColor: ‘#4082c4’ }] }, options: { ‘hover’: { ‘animationDuration’: 0 } , ‘animation’: { ‘duration’: 1, ‘onComplete’: function () { var chartInstance = this.chart, ctx = chartInstance.ctx; ctx.font = Chart.helpers.fontString(Chart.defaults.global.defaultFontSize, Chart.defaults.global.defaultFontStyle, Chart.defaults.global.defaultFontFamily); ctx.textAlign = ‘center’; ctx.textBaseline = ‘bottom’;this.data.datasets.forEach(function (dataset, i) { console.log(i) var meta = chartInstance.controller.getDatasetMeta(i); console.log(meta) meta.data.forEach(function (bar, index) { let lastindex = meta.data.length-1 if( index == 0 || index == 1 || index == lastindex ){ var data = dataset.data[index]+’ M’; } else { var data = ”; } // var data = dataset.data[index]; ctx.fillText(data, bar._model.x, bar._model.y – 5); }); }); } }, legend: { ‘display’: false }, tooltips: { ‘enabled’: false }, scales: { yAxes: [{ display: false, gridLines: { display : false }, ticks: { display: false, beginAtZero:true } }], xAxes: [{ gridLines: { display : false }, ticks: { beginAtZero:true } , barPercentage: 0.8 }] } } }); North America Region Led the Online Education MarketThroughout the projection period, North America dominated the global online education market. The presence of a solid infrastructure and a highly skilled labour force is the major factor. The growing demand for and acceptance of the bring-your-own-device (BYOD) policy among business enterprises is another factor influencing the market expansion in this region. The majority of the key players in the sector, such as Oracle, Cisco Systems, Inc., and Microsoft Corporation, are already based in this region, which supports the ongoing market expansion. The development of e-learning courses and remote learning programs has made the US a leader in the worldwide online education sector. A lot of educational institutions are putting more emphasis on learning via augmented reality. Another important market for this marketplace is China. The online education business in India has experienced an impressive expansion in recent years. This growth is predicted to continue throughout the forecasting period. Due to affordable education, the availability of high-quality education, digital government initiatives, the prevalence of smartphones, and internet penetration, India’s online market is predicted to expand. Online Education Market 2022–2030 (By Product Type) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘Content’, ‘Services’], datasets: [{ data: [60, 40, ], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Competitive Landscape Our analysis focuses on Coursera, Byju’s, Instructure Inc., Adobe Inc., and Alphabet Inc. as its main major companies. These businesses purposefully concentrate on creating cutting-edge learning and education solutions that aid in securing a competitive presence in the global market. Additionally, a focus on inorganic expansion tactics, such as strategic alliances and mergers & acquisitions with technological partners, is anticipated to broaden their product offerings and help them maintain their competitiveness in the global online education industry. Our market analysis includes a section specifically devoted to key players operating in the Online Education market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.2022: Class and Anthology have reached a binding agreement to purchase Blackboard Collaborate. Anthology, a provider of educational solutions that support the learning process, and Class Technologies Inc., a pioneer in the synchronous virtual classroom market, have announced that they have signed a binding agreement for Class to purchase Blackboard Collaborate, the Anthology’s virtual classroom software. 2021: The US-based kids learning platform Epic was purchased by BYJU’S for US$500 million in cash and equity. Online Education Market 2022–2030 (By Vertical) www.custommarketinsight.com var ctx = document.getElementById(‘doughChart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘doughnut’,// The data for our dataset data: { labels: [‘K12’, ‘Higher Education’, ‘Corporate’, ‘Others’], datasets: [{ data: [40, 30, 20, 10], backgroundColor: [ ‘#fbc531’ , ‘#44bd32’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ , ‘#0097e6’ , ‘#e84118’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); The global Online Education market is segmented as follows: By ComponentHardware SoftwareBy Product TypeContent ServicesBy Learning TypeSynchronousAsynchronousBy VerticalK12 Higher Education Corporate OthersBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI22238Category: TechnologyPublished Date: January 2023 -
Global Blockchain in Retail Market 2022–2030
Report Snapshot CAGR: 40% 170M 2021 395M 2022 2200M 2030 Source: CMI Study Period: 2022-2030 Fastest Growing Market: Asia-Pacific Largest Market: Europe Major Players SAP IBM Microsoft Others Custom Market Insights Exclusive, in-depth market intelligence can help you increase your Revenue. Download Sample Pdf Reports Description According to Custom Market Insights (CMI), the Global Blockchain in Retail Market size was estimated at USD 170 Million in 2021 and is expected to reach USD 395 million in 2022 and is expected to hit around USD 2200 Million by 2030, poised to grow at a compound annual growth rate (CAGR) of 40% from 2022 to 2030. Our research report offers a 360-degree view of the Blockchain in Retail market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Blockchain in Retail market.For retailers, blockchain in retail provides on-time delivery, real-time information, and record-time service. The blockchain also allows the supply chain partners to know the whereabouts of their products and guarantees dependability, quality, product safety, and authenticity. These factors fuel the retail industry’s adoption of blockchain technology. The COVID-19 pandemic had a huge negative effect on the world economy. Lockdowns and quarantine restrictions were implemented in numerous nations, adversely hurting a number of businesses, including the retail sector’s blockchain. Key market stakeholders found it challenging to predict when the blockchain will start to rebound in the retail market due to uncertainty over the length of the lockdowns. Due to lockdowns implemented during the Q2 and Q3 of 2020, the COVID-19 pandemic produced a number of difficulties for the global blockchain in the retail market. The pandemic reduced consumers’ purchasing power, which in turn affected the demand for retail blockchain services and products. However, the retail industries began to bounce back from the pandemic’s negative economic effects in 2021. Due to delayed and postponed purchases for retail blockchain solutions, the COVID-19 epidemic had a moderate influence on the blockchain in retail sector; however, in the final quarter of 2020, it began to recover quickly. Retail blockchain service providers intend to continue and take advantage of the lucrative market expansion opportunities brought on by the COVID-19 pandemic. Over the next few years, the blockchain in retail is expected to undergo significant change. The number of top enterprises is expanding quickly through product releases, product improvements, partnerships, and collaborations for integrating blockchain in retail solutions. Leading blockchain service providers prepared for a rare epidemic, showing a change in consumer demand for retail blockchain applications. Businesses are creating creative, tailored solutions to adapt to the quick changes in client preferences. Thus, in the upcoming years, the market growth potential for the blockchain in retail is anticipated to be brought about by the quick move toward customized retail blockchain platforms and the increasing deployment of retail blockchain solutions around the world. var ctx = document.getElementById(‘myChart’).getContext(‘2d’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘bar’,// The data for our dataset data: { labels: [‘2021′,’2022′,’2023′,’2024′,’2025′,’2026′,’2027′,’2028′,’2029′,’2030’,], datasets: [ { label: ‘Compliance Management’, data: [10, 15, 20, 25, 30, 35, 40, 45, 50, 55], backgroundColor: ‘#f04c23’, borderColor: ‘#f39c12’, type: ‘bar’, order:1 }, { label: ‘Supply Chain and Inventory Management’, data: [15, 20, 25, 30, 35, 40, 45, 50, 55, 60], backgroundColor: ‘#54595F’, borderColor: ‘#f39c12’, type: ‘bar’, order:2 }, { label: ‘Transaction Management’, data: [20, 25, 30, 35, 40, 45, 50, 55, 60, 65], backgroundColor: ‘#487eb0’, borderColor: ‘#f39c12’, type: ‘bar’, order:3 }, { label: ‘Identity Management’, data: [25, 30, 35, 40, 45, 50, 55, 60, 65, 70], backgroundColor: ‘#f39c12’, borderColor: ‘#f39c12’, type: ‘bar’, order:4 }, { label: ‘Automated Customer Service’, data: [30, 35, 40, 45, 50, 55, 60, 65, 70, 75], backgroundColor: ‘#3c40c6’, borderColor: ‘#f39c12’, type: ‘bar’, order:5 }, { label: ‘Smart Contract’, data: [40, 45, 50, 55, 60, 65, 70, 75, 80, 85], backgroundColor: ‘#0097e6’, borderColor: ‘#f39c12’, type: ‘bar’, order:6 }, ] },// Configuration options go here options: { title:{ display:true, text:’Global Blockchain in Retail Market 2022–2030 (By Application)’, fontSize:20 }, subtitle: { display: true, text: ‘Custom Chart Subtitle’ }, tooltips:{ enabled:false }, scales: { xAxes: [{ gridLines: { display:false }, stacked: true, categoryPercentage: 0.55, barPercentage: 1.0, }], yAxes: [{ gridLines: { display:false }, stacked: true , ticks : { display: false } }] }, legend: { display: true, position: ‘top’, labels: { fontColor: ‘#333′, } } }}); Report Scope The study’s focus is on Blockchain in Retail market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by component, deployment, application and geography.Feature of the Report DetailsMarket Size in 2021 USD 170 MillionProjected Market Size in 2030 USD 2200 MillionMarket Size in 2022 USD 395 MillionCAGR Growth Rate 40% CAGRBase Year 2021Forecast Period 2022-2030Prominent Players SAP, IBM, Microsoft, Oracle, Bitfury, AWS, Auxesis Group, BTL, Cegeka, Guardtime, loyyal, CoinBase, Sofocle, RecordsKeeper, ModulTrade, Reply, BigchainDB, Warranteer, BitPay, Abra, Provenance, OGYDocs, Blockverify, Blockchain Foundary, and OthersKey Segment By Component, Deployment, Application, and RegionReport Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying Options Request tailored purchasing options to fulfil your requirements for research.Key Market DynamicsBlockchain adoption in retail is driven by rising consumer demand for supply chain transparency. The retail supply chain must be transparent at every stage when it comes to the procurement of raw materials, the use of water in textile dying, customer service guidelines, the environmental effects of goods distribution, and other factors. Businesses in the retail industry are investing in blockchain technology to promote transparency, improve employee & customer happiness, and generate income. For instance, more than two-thirds of respondents from the garment industry indicated supply chain transparency is an extremely critical issue in the current situation in the survey performed by Serai in partnership with KMPG in 2021. Therefore, it is anticipated that blockchain adoption in the retail market would grow as the retail supply chain becomes more transparent throughout the projection period. A crucial trend in blockchain that is becoming more and more popular in the retail business is technological advancements. Blockchain businesses in the retail sector are concentrating on creating cutting-edge technology solutions to satisfy global end-users technical needs. Modern consumers seek better, more individualized experiences, simple access to product information, and extraordinary services as the e-commerce industry becomes increasingly competitive. Regardless of the size of their business, retailers’ priority for remaining ahead of the competition is to satisfy their customers. For applications like consumer experience management, supply chain management, transaction management, compliance management, food safety management, identity management, fraud detection/management, and other applications, online retailers use data collection and actively integrate blockchain solutions. Blockchain solutions are being used in online retail for notable applications such as maintaining product quality, combating fraud, managing consumer data, enhancing loyalty programs, tracking inventory, automating back-office administration, and more efficient, secure, & quick payment systems, in addition to offering distinctive shopping experiences for online customers.Smart Contracts Segment Led the Blockchain in Retail MarketSmart contracts enable computer code to run automatically when particular criteria are satisfied. As it offers opportunities for automation in internal processes like billing, supply chain management, and inventory management, the telecom industry is projected to experience significant adoption. The payment procedure for both online and offline purchases can be automated with the use of smart contracts. By cutting out the merchant (middleman), who charges extra for transaction authentication, businesses may be able to save time and money. Additionally, because the process is automated, businesses save money by spending less on auditing and accounting.Competitive Landscape The market is fragmented, and numerous established and emerging vendors are developing products for both big and small, online and offline, merchants.2020: For an undisclosed sum, iQSTEL Inc., a provider of telecommunication and technology services based in the USA, purchased a 75% ownership in itsBchain, a provider of blockchain solutions for carriers, corporations, and the retail sector. With this, iQSTEL Inc. is aiming to grow its operations and commercial footprint in the blockchain and smart contracts for the telecommunications sector. 2019: Launching a Retail Blockchain Consortium with UCLCRT, MONOCHAIN, and Oracle. Its goal is to advance the application of distributed ledger technology in the retail sector. It is employed for inventory management, freshness tracking, and food procurement. Blockchain can give fashion manufacturers tamper-proof record-keeping of their clothing via tags with a printed QR code to track all of their information that can be saved on the digital ledger. Global Blockchain in Retail Market 2022–2030 (By Region) www.custommarketinsight.com var ctx = document.getElementById(‘piechart’);var chart = new Chart(ctx, { // The type of chart we want to create type: ‘pie’,// The data for our dataset data: { labels: [‘North America’,’Europe’,’Asia Pacific’,’The Middle East & Africa’,’Latin America’], datasets: [{ data: [20,15,35,18,12], backgroundColor: [ ‘#f04c23’ , ‘#54595F’, ‘#487eb0′ ,’#f39c12’, ‘#3c40c6’ ] }, ] }, options: { legend: { display: true, position: ‘right’, labels: { fontSize: 14, fontFamily: ‘Roboto’ } }, tooltips:{ enabled:false }, responsive: true, layout: { padding: 20 }, },}); Prominent Players:SAP IBM Microsoft Oracle Bitfury AWS Auxesis Group BTL Cegeka Guardtime loyyal CoinBase Sofocle RecordsKeeper ModulTrade Reply BigchainDB Warranteer BitPay Abra Provenance OGYDocs Blockverify Blockchain FoundaryThe global Blockchain in Retail market is segmented as follows: By ComponentSolutions ServicesBy DeploymentCloud On-PremisesBy ApplicationCompliance Management Supply Chain and Inventory Management Smart Contract Transaction Management Identity Management Automated Customer ServiceBy Region North AmericaThe U.S. Canada MexicoEuropeFrance The UK Spain Germany Italy Rest of EuropeAsia PacificChina Japan India Australia South Korea Rest of Asia PacificThe Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & AfricaLatin AmericaBrazil Argentina Rest of Latin America{ “@context”: “http://schema.org”,”@type”: “Product”,”name”: “Web Series Reviews”,”aggregateRating”: { “@type”: “AggregateRating”, “ratingValue”: “4”, “reviewCount”: “2” }}
Report Code: CMI21621Category: TechnologyPublished Date: December 2022
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