Safes and Vaults Market: New Technological Developments in the Safes and Vaults Industry

According to a recent report published by Allied Market Research, titled, “Safes and Vaults Market by Type and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” The global safes and vaults market size was valued at $5.82 billion in 2019, and is projected to reach $9.14 billion by 2027, growing at a CAGR of 8.1% from 2020 to 2027.

Safes and vaults are used as storage units developed to facilitate the safety protocol of valuable assets in case of theft situations. These products establish a protective storage environment for money, documents, records, guns, and others during variety of circumstances such as fire, extreme weather condition, theft, burglaries, and others. 

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Moreover, increasing acquisitions in the finance sector and escalating stringent regulations regarding the quality and utility of safe & secure vaults are expected to provide opportunity for the safes and vaults market growth. Furthermore, increase in efforts of governments along with rise in investments in smart city projects by a number of developing economies is expected to provide lucrative opportunities for the expansion of the global market and improve the engagement of government with businesses, citizens, and other stakeholders.

Key Findings Of The Study

  • By type, the cash management safes segment accounted for the highest safes and vaults market share in 2019.
  • On the basis of end user, the banking sector segment generated the highest revenue in 2019.
  • Region-wise, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.

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The key players operating in the global safes and vaults market include American Security Products Co., Alpha Safe & Vault, Inc., CARADONNA, Diebold Nixdorf Incorporated, Godrej & Boyce Manufacturing Co. Limited, Gunnebo AB, Kumahira Co., Ltd. ,KASO Safeguard Safes, and Shinjin Safes. These players have adopted various strategies to increase their market penetration and strengthen their foothold in the safe and vault industry.

Related Links:

Payment Security Market: https://www.alliedmarketresearch.com/payment-security-market-A10025

ATM Security Market: https://www.alliedmarketresearch.com/atm-security-market-A06945

Banking Security Market : https://www.alliedmarketresearch.com/banking-security-market-A08279

Financial Fraud Detection Software Market: https://www.alliedmarketresearch.com/financial-fraud-detection-software-market-A12743                                                             

Credit Risk Management Software for Banks Market : https://www.alliedmarketresearch.com/credit-risk-management-software-for-banks-market-A13172                                                            

Virtual Account Management Software Market : https://www.alliedmarketresearch.com/virtual-account-management-software-market-A14705

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Excitation Systems Market to Perceive Substantial Growth during 2030

The system which provides DC field current to the synchronous machine for starting its operation is known as the excitation system. Excitation systems generally consist of elements such as signal sensing or processing circuits, electronic amplifiers, power rectifiers, voltage regulators, close-loop control circuits, and others. Modern excitation systems also consist of SCADA integration, diagnostics functions, protection functions, and others to improve the stability of the synchronous machines and thereby power the system network. Excitation systems are used in synchronous machines such as synchronous generators and synchronous motors.

The excitation systems market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as the rise in demand for synchronous machines from various end-use industries. In addition, the rise in investment toward power infrastructure projects fuels the growth of the excitation systems market. However, the complicated design and disadvantages of the systems are restraining the growth of the excitation systems market globally. Conversely, the rapid growth of the renewable energy industry is anticipated to provide potential excitation systems market opportunities in the upcoming years.

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Significant development of the end-use industries such as oil & gas, power, mining, chemicals, pulp & paper, and others is fueling the demand for synchronous machines which in turn is expected to fuel the growth of the excitation systems market. This is due to the rise in demand for reactive power to compensate lagging power factor created by inductive loads in the abovementioned industries. In addition, an increase in demand for excitation systems in synchronous machines for grid stabilization applications from electric utilities such as power generation plants, transmission, distribution, and other utilities in developing economies is driving the growth of the market, globally. However, the key factor hampering the growth of the global market is the design of complicated excitation systems which is resulted in difficulties in maintenance activities.

Depending on the type, the static segment held the highest market share of about 68.3% in 2020 and is expected to maintain its dominance during the excitation systems market forecast period. This is owing to various advantages of static excitation systems such as good reliability, operation flexibility, excellent system response, small size, lower losses, and high performance which resulted in fueling the demand during the analyzed time frame. Moreover, the rise in demand for electricity from developing economies resulted in an increase in investment toward the power generation, transmission, and distribution infrastructure which in turn is expected to fuel the growth of the excitation systems market from 2021 to 2030.

On the basis of controller type, the digital segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rising demand for excitation systems to provide reliable and stable operation of synchronous machines such as synchronous generators and synchronous motors. In addition, the rise in research &development activities toward improving digital controllers for their use in excitation systems is anticipated to fuel the growth of the market during the analyzed timeframe.

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On the basis of application, the synchronous generator segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rising in demand for synchronous generators from various power plants including nuclear, thermal, wind &hydropower, and industrial applications. In addition, the rise in usage of synchronous generators from constant speed applications and power factor correction applications is anticipated to fuel the growth of the excitation systems market from 2021 to 2030.

In addition, the rapid expansion of the renewable energy sector, rise in investment toward the upgradation of aging power infrastructure, and rapid industrialization in the region are further anticipated to fuel the growth of the market in the upcoming years.

The global excitation systems market analysis covers in-depth information of the major excitation systems industry participants. The key players operating and profiled in the report include ABB, Andritz AG, Basler Electric Company, Fuji Electric Co., Ltd., General Electric, Mitsubishi Electric Corporation, Siemens AG, Tenel, s.r.o., Voith GmbH & Co. KGaA, and WEG Group.

Other players operating in the value chain of the global excitation systems market are Nidec Corporation, Melrose Industries, Amtech Power, Reivax, and others.

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Key Findings Of The Study

  • In 2020, the static segment accounted for about 68.3% of the share in the global excitation systems market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the digital segment accounted for 64.9% excitation systems market share in the year 2020 and is anticipated to grow at a rate of 5.0% in terms of revenue, increasing its share in the global excitation systems market.
  • Synchronous motor is the fastest-growing application segment in the global excitation systems market, expected to grow at a CAGR of 5.0% during 2021–2030.
  • Another industrial segment is expected to grow at the fastest rate, registering a CAGR of 5.6%, throughout the forecast period.
  • In 2020, the Asia-Pacific region dominated the global excitation systems market with more than 35.2% of the share, in terms of revenue.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Key Insights on $11,230.1 Million Opportunity in the Meat Substitute Market | Amy’s Kitchen, BeyondMeat, Cauldron Foods, Garden Protein International, Inc

According to a new report published by Allied Market Research, titled, “Meat Substitute Market by Product Type, Source, and Category: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global meat substitute market size was valued at $5,477.7 million in 2020, and is projected to reach $11,230.1 million by 2030, registering a CAGR of 7.6% from 2021 to 2030.

Global Leaders:

The key players profiled in the Meat Substitute market report are Amy’s Kitchen, BeyondMeat, Cauldron Foods, Garden Protein International, Inc., Meatless B.V., VBites Food, Ltd., MGP Ingredients (U.S.), Sonic Biochem Extractions Limited, Kellogg Company, and Archer-Daniels-Midland Company.

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Increase in incidence of diabetes, cancer, and other health disorders boosts health and fitness consciousness among consumers. The adoption of vegetarian foods is on a consistent increase across the world. According to recent studies, 30% of Americans are not only leaving meat off their plates but also seeking out plant-based meat alternatives. Consumers are projected to become selective in their food habits to avoid severe health issues. Moreover, awareness toward environmental sustainability and animal welfare is anticipated to increase further in future, owing to the initiatives of governments and companies operating in the meat substitute industry. Consistent initiatives from companies, such as VBites Foods Ltd., have contributed significantly toward uplifting animal consciousness amongst individuals. Moreover, marketing and promotional initiatives of companies, such as Quorn Foods, are anticipated to increase consciousness toward sustainability among individuals in the coming years.

The Meat Substitute market in Asia-Pacific offers lucrative growth opportunities for the operating players. Increase in adoption of western lifestyle and rise in disposable income of consumers majorly drive the Meat Substitute market growth. This region offers potential growth opportunities to the market players for launching innovative meat substitute products. Moreover, countries in Latin America, such as Brazil, would unfold attractive business opportunities, owing to high prevalence of obesity in this region. However, a variety of low-fat meat substitutes are available in the market. Leading players in the food and snack industry offer a variety of meat-based, low-fat meal, and snack products. Lean meats have gained prominence among consumers, owing to increase in health and fitness consciousness. J.B.S. S.A. is amongst the leading players in meat processing industry, offering a wide variety of innovative, low-fat beef, pork, lamb, and other meat products.

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The Meat Substitute market analysis would continue to witness increase in number of low-fat food and snack products, prepared from meats, owing to rise in demand for health and fitness products among consumers, which further restricts the growth of the market.

Attributed to the spread of COVID-19, the demand for meat substitutes, as a result of increase in consumer spending on healthy food products and health consciousness, has experienced substantial growth. Furthermore, meat alternative manufacturers witnessed a surge in demand for plant-based products as a result of shortage of meat products in retail stores as well as limit on meat-based items purchased per customer.

Furthermore, as a consequence of positive consumer demand, numerous start-ups and established food companies have launched an array of plant-based meat, seafood, and dairy substitutes, which exhibit new flavors, textures, and improved nutritional profile. COVID-19 is expected to further boost the demand for meat substitute at a much higher rate. Increase in awareness among people to strengthen their immune system to prevent themselves from being infected easily is compelling them to maintain a healthy lifestyle and proper diet.

The meat substitute market is segmented on the basis of product type, source, category, and region. By product type, it is classified into tofu-based, tempeh-based, TVP-based, seitan–based, quorn-based, and others. By source, it is divided into soy-based, wheat-based, mycoprotein, pea-based and others. By category, it is categorized into frozen, refrigerated, and shelf stable. By region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings Of The Study

  • By product type, the TVP-based segment dominated the global market in 2020, and is expected to retain its dominance during the forecast period.
  • By source, the soy-based segment accounted for the highest share in the meat substitute market trends in 2020, and is projected to grow at a CAGR of 6.3% from 2021 to 2030.
  • By category, the frozen segment led the global meat substitute market forecast in 2020, and is expected to retain its dominance during the forecast period.
  • By region, Europe accounted for the highest meat substitute market share in 2020, and is expected to grow at a CAGR of 5.8%.

Browse Related Reports:

Frozen Potato Market

Vegan Ice Cream Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact:
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Energy Drinks Market is expected to witness Incredible Growth during 2022-2031 |  Red Bull, Rockstar Inc., The Coca-Cola Company, PepsiCo

Rise in product consumption by working individuals to maintain a healthy lifestyle, increase in consciousness regarding diet & intake among sports athletes & working individuals to maintain nutritional balance, and surge in disposable income of individuals are expected to propel the growth of the global energy drinks market. 

Energy Drinks Market, by Type and End User: Global Opportunity Analysis and Industry Forecast, 2022-2031,” The energy drinks market was valued at $45.80 billion in 2020, and is estimated to reach $108.40 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031. 

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The adults segment accounted for maximum share in 2020. Energy drinks are beverages that contain caffeine, taurine, vitamins, & other stimulants, and are marketed as products that boost mental alertness and physical stamina. They may or may not be carbonated. The demand for energy drinks and related items has increased at an alarming rate, according to reports. This is due to the advantages that these beverages provide, such as improved performance, focus, weight loss, stamina, and so on. Furthermore, consumers, particularly men, positively link energy drink intake with risk-taking activities and masculinity. Furthermore, energy drinks have more caffeine than a cup of coffee and can help with alertness and concentration. Owing to surge in demand for items that provide rapid energy, manufacturers create a variety of products with distinct flavors and tastes. This, in turn, is expected to support the global energy drinks market growth.

The nonalcoholic segment accounted for the highest energy drinks market share in 2020, garnering a share of 53.9%, owing to the fact that such products boost the energy by improving physical and cognitive performance. This segment is also estimated to witness a healthy growth in the energy drinks market in the future.

The alcoholic energy drinks segment accounted for 46.1% of the total market in 2020, due to increase in consumption of alcoholic beverages by regular party goers. This has led to surge in demand for alcoholic energy drinks. In addition, it has turned into a status symbol, especially for teenagers; therefore, consumption of alcoholic energy drinks has witnessed increased popularity, thereby boosting the energy drinks market opportunities.

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In 2020, by end user, the adult segment acquired the maximum market share of around 46.1%, and is anticipated to grow with the highest CAGR of 8.5% during the energy drinks market forecast period. This has attributed to rise in trend among corporates and athletes, who consume energy drinks for an extra dose of energy to enhance their performance. In addition, surge in riboflavin content helps to minimize cramps in muscles and blood disorders. Energy drinks are popular among athletes as they provide an extra boost of energy, aid with sleep deprivation, raise alertness, improve cognition, and elevate mood. Athletes also use energy drinks to combat the depressing effects of drinking by boosting the central nervous system.

However, caffeine overdose may cause hypertension, nausea, restlessness, and other associated health risks that may limit the energy drinks industry growth during the forecast period. The caffeine level of energy drinks is primarily responsible for the primary health concerns linked with their usage. Caffeine can cause hypertension, palpitation, dieresis nausea, central nervous system stimulations, and vomiting if used in excess. Adults are also at a higher risk of developing arterial hypertension and diabetes. Furthermore, pregnant women who consume a lot of caffeine are more likely to have late miscarriages and stillbirths. Furthermore, adolescent usage of energy drinks is linked to a number of potentially dangerous health and behavioral effects, including the use of nicotine and other toxic substances, sensation seeking, and a higher risk of accidents & depression that may necessitate medical treatment. Such unfavorable characteristics function as impediments to the expansion of the market. Moreover, implementation of stringent government regulations on increased caffeine content in energy drinks hinders the growth of the market at global level. Excess consumption of caffeine by teens and young population may result in ill effects. Therefore, such factors negatively impact the growth of the global energy drinks market. Energy drinks provide a much-needed boost to the working population and consumers during their working hours; unfortunately, such beverages include caffeine and other dangerous ingredients. As a result, the market for energy drinks is hampered by the availability of alternative beverages such as green tea, ginger root tea, coffee, fresh juice, and others. In addition, coffee drinking lowers the effect of caffeine in energy beverages. Although espresso coffee has a richer flavor, it usually has less caffeine than drip coffee. Furthermore, omitting sugar from coffee or substituting stevia or honey for it prevents sugar overdose. As a result, such alternatives stifle the expansion of the global energy drink market.

According to energy drinks market analysis, by region, Asia-Pacific is expected to witness the highest growth rate of 8.8% during the forecast period, owing to increase in disposable income and change in consumption & lifestyle pattern as well as demographics and energy drinks market trends.

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The major companies profiled in the report include are Red Bull, Monster Beverage Corporation, Rockstar Inc., The Coca-Cola Company, PepsiCo, Arizona Beverage Company, National Beverage Corp., Dr. Pepper Snapple Group, Living Essentials, and Cloud 9.

KEY FINDINGS OF THE STUDY

  • Region wise, Asia-Pacific is anticipated to lead the market in 2031, growing at a CAGR of 8.8%, from 2022 to 2031.
  • By type, the nonalcoholic segment occupied nearly 53.9% of the energy drink market share in 2020.
  • By end user, the adult segment dominated the overall energy drinks market size in 2020, and is expected to grow at a CAGR of 46.1% during the forecast period.
  • The kids segment is anticipated to grow at asignificant CAGR of 14.4%.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Solar Panel Recycling Market Estimated to Experience a Hike in Growth By 2030

The solar panels at the end of life are collected and recycled by solar panel recycling companies or solar panel manufacturers. The solar panel recycling industry is at the developing stage, but with the rapid growth of the solar power market, there is a rise in demand for solar panel recycling in the coming years. There are various methods of solar panel recycling including thermal, mechanical, and laser. In Europe, the solar panel recycling market is more advanced than in other regions including Asia-Pacific, LAMEA, and North America. This is owing to regulatory measures and policies adopted by the European region in the recycling of solar panels.

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The solar panel recycling market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as the rise in demand for solar photovoltaic panels from residential, commercial, and industrial applications. In addition, an increase in government activities toward the production of solar energy across the globe fuels the growth of the market. However, the lack of solar panel recycling infrastructure and problems associated with recycling are restraining the growth of the market globally. Conversely, rapid growth and investment in the solar energy industry in the economies such as China, Japan, India, and South Korea are anticipated to provide potential solar panel recycling market opportunities in the upcoming years.

Rapid growth of the solar energy industry is expected to drive the growth of the market during the forecast period. In addition, an increase in installations of solar panels in various applications including power generation, transportation, water heating, and others is further anticipated to fuel the growth of the solar panel recycling market during the analyzed time frame. Moreover, favorable government measures including incentives have also been introduced to promote the adoption of various solar energy technologies such as crystalline silicon and thin film. For instance, in 2019, the U.S. government introduced solar tax credit with the objective to reduce the cost of installing a solar energy system by 30.0%. In addition, declining prices, improvements in conversion efficiencies, and growing efforts toward advancements of solar panels is projected to propel the growth of the solar energy industry which in turn is projected to drive the market from 2021 to 2030.

Depending on the process, the thermal segment held the highest market share of about 68.9% in 2020 and is expected to maintain its dominance during the solar panel recycling market forecast period. This is owing to benefits associated with a thermal process in solar panel recycling which recovers more than 84.0% of solar panels’ weight and can also recycle up to 98.0% of unbroken cells depending on the conditions of the solar modules and the thickness of the solar cells. In addition, the rapid growth of the solar panel sector is expected to drive the remarkable growth of the market during the forecast period.

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On the basis of type, the crystalline silicon segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rising demand for crystalline silicon in standalone PV systems such as solar street light lamps and telecommunication & signaling towers where solar panels are used to charge batteries.

In addition, an increase in government initiatives for the adoption of solar energy is expected to drive demand for crystalline silicon type which in turn is anticipated to fuel the solar panel recycling market growth from 2021 to 2030.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Europe garnered the dominant share in 2020 and is anticipated to maintain this dominance in the solar panel recycling market trend during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region.

In addition, the demand for solar panel installation has increased significantly across the UK, Germany, Spain, and Italy owing to a surge in demand for distributed energy systems in the region which in turn is anticipated to drive the growth of the solar panel recycling market in the European from 2021 to 2030.

The global solar panel recycling market analysis covers in-depth information on the major solar panel recycling market participants. The key players operating and profiled in the report include Aurubis AG, Canadian Solar, Echo Environmental, LLC, Envaris GmbH, First Solar, Hanwha Group, Reiling GmbH & Co. KG, Silrec Corporation, SunPower Corporation, and Trina Solar.

Other players operating in the value chain of the global solar panel recycling market are Yingli Energy Co., Zorlu Holding, Rinovasol Group, ECS Refining, LLC, SiC Processing GmbH, and others.

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Key Findings Of The Study

  • In 2020, the thermal segment accounted for about 68.9% of the share in the global solar panel recycling market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the mechanical segment accounted for 23.9% solar panel recycling market share in the year 2020 and is anticipated to grow at a rate of 13.4% in terms of revenue, increasing its share in the global market.
  • Thin film is the fastest-growing type segment in the global solar panel recycling market, expected to grow at a CAGR of 14.6% during 2021–2030.
  • Europe is expected to grow at the fastest rate, registering a CAGR of 13.7%, throughout the forecast period.
  • In 2020, Europe dominated the global solar panel recycling market with more than 43.2% of the share, in terms of revenue.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
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United States
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Key Insights on $2.1 Billion Opportunity in the Royal Jelly Market | Durham’s Bee Farm, Glory Bee, Jiangshan Bee Enterprise, Nestlé S.A., Now Health Group, Inc

According to a new report published by Allied Market Research, titled, “Royal Jelly Market,” The royal jelly market size was valued at $1.4 billion in 2021, and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031. 

Global Leaders:

The players operating in the global royal jelly market have adopted various developmental strategies to expand their royal jelly market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Durham’s Bee Farm, Glory Bee, Jiangshan Bee Enterprise, Nestlé S.A., Now Health Group, Inc., Nu-Health Products, Shamee Bee Farm Source Naturals, Inc, Y.S. Organic Bee Farms, and Yamada Bee Farm, Inc.

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The hypopharyngeal gland of young worker bees (nurse) produces royal jelly to nurture young larvae and the adult queen bee. Fresh royal jelly is a homogeneous product with the consistency of a thin paste. It is light in color with yellow or brown tinges, has a strong phenolic odor, and has a characteristic spicy acidic-sweet flavor. The jelly is made up of around 57% to 70% water, 10% to 16% sugar, 13% to 15% protein, 2% to 3% minerals, and 3% to 6% fat, salts, and amino acids. The composition of fresh royal jelly differs according to the place and climate in which beekeeping is practiced.

Royal jelly is generated by coaxing colonies to develop queen bees outside of their native environment (swarming or queen replacement). It is only feasible with mobile comb hives and requires relatively little expenditure. Expert individuals who can dedicate significantly more time than is typically required for the manufacturing of other honeybee products are required. Without this need, it is only feasible to gather the contents of natural swarm cells on rare occasions, and this equates to little more than two to three grams for each hive. During a 5-6 month season, a well-managed hive may produce roughly 500g of royal jelly. Due to the higher risk of the perishability of the royal jelly, manufacturers have rapid access to suitable cold storage, such as a domestic freezer for small quantities and an industrial freezer for large quantities, where the royal jelly is held until it is sold or delivered to a collecting facility.

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Bees are one of the most hard-working insects on the planet, pollinating and thereby reproducing many cultivated and wild plants, which are vital for food supply, human livelihoods, and biodiversity. Climate change, intensive farming, pesticide use, habitat loss, and pollution, according to the Food and Agricultural Organization (FAO), have all influenced bees, resulting in a global population reduction. Furthermore, beeinformed.org reported that beekeepers in the United States lost 45.5 percent of their managed honey bee colonies between April 2020 and April 2021. Furthermore, the restriction on mobility during the pandemic’s crucial period has hampered the import and export of live bees, resulting in a decrease in royal jelly output. As a result, the royal jelly market development is hampered by the general drop rate of bee colonies.

In recent years, online shopping has arisen as a new sales channel. The globe has embraced the usage of internet purchasing platforms. The benefits of online shopping include convenience, time savings, and the ability to access several selections with a single click. According to the United Nations Conference on Trade and Development (UNCTAD), the e-commerce industry will rise by 34.4 percent in 2021, with online retail sales increasing by 34.4 percent over the previous year. The UK has the highest percentage of online retail sales, going from 17.0 percent in 2019 to 27.5 percent in 2021, according to the study. The rising share suggests that individuals are shifting toward online purchases, and internet shopping is becoming more popular. Because customers have easy access to their preferred items, the availability of internet connectivity and digital advertising of royal jelly products is increasing the sale of cosmetics and nutraceuticals created with royal jelly. The rise in online royal jelly purchases is boosting royal jelly market demand and the royal jelly market growth.

The royal jelly market is segmented into application, type, form, and region. Depending on the application, the market is classified into food & beverages, healthcare, dietary supplements, cosmetics, and others. Depending on type, it is segregated into fresh royal jelly and royal jelly extract. By form, it is categorized into liquid, capsule, and gel. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Middle East, Africa, and Latin America).

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Key findings of the study:

  • According to the royal jelly market analysis, on the basis of application, the others segment is projected to witness the highest CAGR of 6.0%, in terms of revenue, during the royal jelly market forecast period.
  • On the basis of type, the royal jelly extract segment is expected to dominate the market from 2022 to 2031.
  • According to royal jelly market trends, on the basis of form, the gel segment is expected to grow at a significant CAGR during the forecast period.
  • On the basis of the country in Asia-Pacific, Japan was the largest market for the royal jelly industry in 2021, in terms of revenue generation.
  • On the basis of region, LAMEA is anticipated to witness the highest growth rate, registering a CAGR of 6.0% from 2022 to 2031.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Pipeline transportation Market to Witness Robust Expansion throughout the Forecast Period 2021 – 2030

Pipeline transportation is a method of transportation that involves the transportation of solid, liquid, or gaseous products over long distances through pipelines. It is mostly used to transport crude and refined petroleum products such as oil and gas. In addition to this, it is also useful for transporting other fluids such as water, slurry, sewage, and beer. It has numerous advantages such as flexibility, complete automation of various operations such as loading & unloading, low operating costs, and environmental friendliness are major factors for the growth of the pipeline transportation market.

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Rapidly growing demand for safe and cost-efficient transportation of hazardous chemicals and oil & natural gas products; the increase in awareness among the people regarding the environmental impact of pipeline transportation and its support to decrease GHG emissions; the depletion of freshwater resources and the investments of government in wastewater treatment plants to treat sewage in order to reuse and reduce water pollution; importance for the data management, development in the information communication technology and security management to protect the pipeline transportation from sabotage and military raids during wartime. The increase in population has a positive impact on the increasing demand for various daily products such as water, milk, and petroleum products such as kerosene, diesel, and petrol are expected to create potential opportunities for the Pipeline transportation market during the forecast period.

The need for constant surveillance and monitoring services as pipelines can be the target of vandalism. It also faces challenges in steady and smooth operations. Many pipelines across the world carry chemically stable and flammable materials over long distances and have to cross water expansions, terrains, and hills leading to an increase in the intrusion and leakage of flammable gas and fuels are all factors hampering the growth of the pipeline transportation market in the forecast period.

The Rapid upgrade in the pipeline transportation system towards virtualization and the connectivity of the detection and management equipment with the communication equipment is a major factor increasing the demand for network communication solutions in the market. The need for cost-efficient and safe modes of transport for hazardous chemicals and other liquids & gases is boosting the demand for the market. The presence of illegal activities and the danger due to the intervention of terrorists are some factors that will provide ample opportunities for the growth of the pipeline transportation market.

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Global Pipeline transportation is segmented on the basis of type, solution, service, and region.

On the basis of type, the global Pipeline transportation market is segmented into Oil and gas, Coal, Chemical, Water, and Other. By Solution it is segmented into Security Solutions, Automation and Control, Integrity and Tracking Solution, Network Communication Solutions, and Others. The services introduced in the study include Consulting Services, Managed Services, and Maintenance and Support.

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by North America and Europe.

The major companies profiled in this Pipeline transportation industry include Alstom, ABB Ltd, Schneider Electric, Siemens, ESRI, Emerson, Trimble Navigation Limited, Rockwell Automation, FMC Technologies, and Alcatel-Lucent. Rapidly increasing demand in the demand for large-scale petroleum and chemical raw materials in modern society led to ongoing pipeline infrastructure development in developing countries, and the old pipelines are being virtualization due to the rapid development of detection technology led the key manufacturers to expand their Pipeline transportation production capacities and safety factor in order to meet market demand across the globe. Additional growth strategies such as acquisition, partnership, product launch, and business expansion strategies are also adopted to attain key developments in the Pipeline transportation market trends.

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Key findings of the study

  • Region-wise, the Asia-Pacific is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
  • As per the Pipeline transportation market analysis, by type, the oil and gas segment accounted for the largest share in 2020.
  • On the basis of solutions, the network communication solutions segment accounted for the largest share in 2020.
  • On the basis of services, the maintenance and support segment was the major share contributor in 2020.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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BFSI Crisis Management Market : Global Opportunity Analysis and Industry Forecast, 2020–2027 : AMR

According to a recent report published by Allied Market Research, titled, “BFSI Crisis Management Market by Component, Deployment Type, Enterprise Size, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027,” the global BFSI crisis management market size was valued at $8.46 billion in 2019, and is projected to reach $31.15 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027. 

Crisis management software & solutions helps in monitoring business activities & assessing technology implications for financial stability. In addition, complexity of the finance sector has grown rapidly with the emergence of technologies, including machine learning, artificial intelligence, and distributed ledgers are incorporated into business enterprise applications.

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Furthermore, companies in the BFSI sector has increasingly enabled innovation in financial services, accelerated new business models, processes advancements in an existing product line across financial institutions, banking, and insurance sectors.

By region, North America led the BFSI crisis management market in 2019, and is expected to continue its dominance during the forecast period. This is attributed to increased awareness of crisis management solutions among banks & financial institutions and surge in partnership of companies providing technologies with major banks & financial institutions in this region.

However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period, as several financial institutions, banks, and insurance companies are adopting crisis management software & services to boost business efficiency, lower compliance risk exposure, and increase bureaucratic competence of organizations in the region.    

The BFSI crisis management market has experienced significant impact on revenue, as several organizations adopt digital workplace environment globally. In addition, due to changes in business model, spike in number of criminals attempting to steal professional & intellectual property data from banks & financial institutions has boosted the market growth.

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Moreover, several firms have been facing challenges, as creditors are seeking inappropriate conditions for investment. Therefore, financial companies are implementing secured technologies & releasing new frameworks via BFSI crisis managements solutions in the market. 

Key findings of the study

  • By deployment type, the on-premise segment led the BFSI crisis management market share, in terms of revenue in 2019.
  • On the basis of application, the incident management & response segment garnered the market share in 2019.
  • Region wise, North America generated the highest revenue in 2019.

The key players profiled in the BFSI crisis management market are 4C Strategies, CURA Software Solutions, Everbridge, IBM, Konexus, LogicGate, Inc., MetricStream Inc., NCC Group, Noggin, and SAS Institute Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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Asia-Pacific Wealth Management Market: https://www.alliedmarketresearch.com/asia-pacific-wealth-management-market-A15891

BFSI Crisis Management Market: https://www.alliedmarketresearch.com/bfsi-crisis-management-market-A11105

Asset Management Market: https://www.alliedmarketresearch.com/asset-management-market-A06192

Equity Portfolio Management & Advisory Services Market: https://www.alliedmarketresearch.com/equity-portfolio-management-and-advisory-services-market-A06930

Fintech Crisis Management Market: https://www.alliedmarketresearch.com/fintech-crisis-management-market-A08280   

Credit Risk Management Software for Banks Market: https://www.alliedmarketresearch.com/credit-risk-management-software-for-banks-market-A13172

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Global Speaker Market Size Is Expected To Reach $233,274.6 Million In 2027 | Growing At A CAGR Of 30.5%

 “Speaker Market by Product Type, Size, End Use, Sales Channel, and Price: Opportunity Analysis and Industry Forecast, 2020–2027,” the global speaker market size is expected to reach $233,274.6 million in 2027 from $39,576.5 million in 2019, growing at a CAGR of 30.5% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 42.8% share of the global speaker market.

Speakers are transducers, which convert electric audio signals into sound waves, while enhancing the sound quality and volume of the audio. With advancements in speaker technologies, speakers now include virtual assistants, Wi-Fi connectivity, Bluetooth connectivity, water resistance properties, and others. In addition, speakers include hardware with in-built sound amplifiers, bass boosting drivers, and are available in nearly all sizes complying to consumer demands. Moreover, introduction of smart speakers has revolutionized the speaker industry by providing innumerable features such as active voice control, integration with home automation devices, artificial intelligence features, and data analyses. For instance, the virtual assistant Alexa provided by Amazon’s smart speaker series, namely, Amazon Echo, allows consumers to buy products from Amazon e-retail platform by using voice control. In addition, products such as soundbars, portable speakers, and true wireless stereo (TWS) devices can also integrate internet connectivity, which upgrades their basic feature of playing audio.

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Further, advancements in Lithium-ion battery technologies improve the efficiency of portable speakers. Previously, portable Bluetooth speakers featured average battery life of four to eight hours, however, new enhanced batteries offer playback time of around 10 to 15 hours, with maximum battery life of around 24 hours and even more for high-end products. This, in turn, propels the demand for portable speakers, which drives the growth of the speaker market. Moreover, Asia-Pacific accounted for the highest revenue in 2019 compared to other regions with highest contribution from China. In North America, high disposable income of majority population led to high consumption of smart speakers, TWS devices, and portable speakers.

However, lockdown imposed by various countries around the world due to the COVID-19 pandemic has affected the production and sales of speakers negatively. Due to unavailability of workforce, non-operating retail outlets and discontinuity of delivery of non-essential goods along with slowdown in logistics, has further impacted the speaker market negatively and is expected to witness a downfall in 2020 and the recovery is further expected to be slow as consumers will restrict their spending because of uncertainty in the economy.

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The global speaker market is segmented into product type, size, end use, sales channel, price, and region. By product type, it is categorized into smart speakers, home audio speakers, portable speakers, and true wireless stereo (TWS). By size, it is classified into small, medium, and large. By end use, it is categorized into personal and commercial. By sales channel, it is bifurcated into online and offline. On the basis of price, the market is analyzed into price range of less than $50, $50 to $100, $100 to $200, and more than $200.

The global speaker market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is held the largest market share in 2019 and is expected to grow at the fastest rate throughout the study period.

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Key Findings Of The Study

By product type, the true wireless stereo (TWS) segment dominated the speaker market share in 2019.
On the basis of size, the medium segment is expected to generate high revenue, globally.
Depending on end use, the personal segment garnered major share of the speaker market in 2019.
Based on sales channel, the online segment is expected to grow significantly during the forecast period.
By price, the $100 to $200 segment is expected to generate high revenues during 2019.
Region wise, Asia-Pacific dominated the market in 2019.

The major players operating in the speaker industry include 3nod Group, AAC Technologies Holdings Inc., Alphabet Inc., Amazon.com, Inc., Bose Corporation, Fortune Grand Technology Inc., Foster Electric Company, Limited, Guoguang Electric Company Limited, Koninklijke Philips N.V., Guangzhou Merry Audio Equipment Co. Ltd., Premium Sound Solutions, Samsung Electronics Co., Ltd., Sony Corporation, Tonly Electronics Holdings Limited, and Tymphany HK Limited

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Key Insights on $805.3 Million Opportunity in the Insect Feed Market | AgriProtein Holdings Ltd, Buhler AG, Protix, Enterra Feed

Insect Feed Market,” The Insect Feed Market Size was valued at $261.50 million in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 24.5% from 2022 to 2031. 

Global Key Players:

The players operating in the insect feed industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in Insect Feed Market Analysis are AgriProtein Holdings Ltd, Buhler AG, Protix, Enterra Feed, entofood, enviroflight, Nasekomo, InnovaFEED, Hexafly, Coppens, DeliBugs, Kreca Ento-Feed BV, Ynsect, Nusect, Protenga, Beta Hatch, and Entobel.

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Insect offers high-quality protein, amino acids, and vitamins for livestock as well as pet food. Insect based diet for livestock can potentially replace soymeal in their diet. The nutritious quality of fly larvae, meal worms, silkworm, locusts, among others are used in the diets of pigs, poultry, aquaculture, and ruminants. These insects offer 42%-63% higher protein content compared to traditional resources such as soymeal and fishmeal. Also, the palatability of insect feeds is higher and can replace 25 to 100% of soymeal and fishmeal depending on the animal for which it is being used.

The increasing Insect Feed Market Demand for poultry products from the food service industry majorly drives the Insect Feed Market Growth. Improvements in breeding techniques for the development of environmentally low-impacting livestock, further contribute toward market growth. A healthy gut reflects the sufficient amount of protein is being consumed by the animal. Protein is required for healthy metabolism as well. Protein deficiency reduces productivity among animals. Thus, through the consumption of insect feed protein deficiency can be overcome. This factor will fuel the growth of the insect feed market during the forecast period. Moreover, the identification of insects as a more sustainable source of proteins than traditional sources will further contribute toward the market growth and is likely to bring myraid Insect Feed Market Opportunity. 

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However, the availability of alternative feed options such as corn meal, soy meal, canola meal, whey meal limits the growth of the insect feed market. Also, poor knowledge associated with risks related to insect toxicity, nutritional quality, diseases, and allergic reactions among animals is likely to hamper the growth of the market.

The global insect feed market is segmented into product type, end user, end use, and region. On the basis of product type, the market is categorized into meal worms, fly larvae, silkworm, cicadas, and others. By end user, it is fragmented into residential and commercial. Depending on end use, it is segregated into pet food, aquaculture, and livestock. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Singapore, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, UAE, and rest of LAMEA).

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Key findings of the study

  • On the basis of product type, meal worms segment dominated the global market in 2021 with a Insect Feed Market Share of more than 32%. However, fly larvae segment is attributed to be the fastest growing segment during the forecast period.
  • On the basis of end use, aquaculture dominated the global market in 2021. However, livestock is likely to be the fastest growing segment with the CAGR of 26.0% during the forecast period.
  • On the basis of end user, commercial segment dominated the global market in the year 2021 with the market share of more than 79%. However, residential segment are likely to be the fastest growing segment during the forecast period with the CAGR of 26.2%.
  • Based on category, branded segment dominated the global market with the market share of more than 70% in the year 2021. However, private label segment is likely to be the fastest growing segment during the Insect Feed Market Forecast period with the CAGR of 15.1%.
  • Region-wise, North America was the highest revenue contributor and is estimated to reach $ 704.8 million by 2031, with a CAGR of 22.3%. However, LATAM  is likely to be the fastest growing region during the forecast period.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
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