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Car Subscription Market : Asia-Pacific Region to Grow at 27.1% CAGR From 2020 To 2027 – AMR

The global car subscription market was accounted for $3.55 billion in 2019, and is estimated to reach $12.09 billion by 2027, growing at a CAGR of 23.1% from 2020 to 2027.

Benefits of car subscriptions over leasing and flexibility, convenience, and affordability have boosted the growth of the global car subscription market. However, cost-efficiency of the leading model and dominance of well-established rental, vehicle-sharing, and leasing market hamper the market growth. On the contrary, development of digital platforms to operate services, strategic partnership with automakers, and expansion of dealer networks are expected to open lucrative opportunities for the market players in the future.

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Covid-19 Scenario :

Due to the Covid-19 outbreak, several governments had imposed strict lockdown across the country. The restrictions on travel and commute across local, intercity, and interstate locations resulted in decrease in demand for car subscriptions during the pandemic.
The original equipment manufacturers (OEMs) witnessed weak financial performance during the pandemic, which forced them to focus on working capital management.
However, the demand for car subscription services is expected to rise slowly as digital technologies have been evolving.

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The global car subscription market is segmented on the basis of service provider, vehicle type, end use, subscription period, and region. On the basis of vehicle type, the electric vehicle segment is projected to portray the highest CAGR of 26.5% during the forecast period. However, the IC-powered vehicle segment held the lion’s share in 2019, contributing to around three-fourths of the market.

Based on end use, the corporate segment dominated the market in terms of revenue, holding more than half of the market. However, the private segment is estimated to register the highest CAGR of 23.9% during the forecast period.

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The global car subscription market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is anticipated to register the highest CAGR of 27.1% during the forecast period. However, the market across Europe held the largest share in 2019, accounting for more than two-fifths of the market.

The global car subscription market report includes an in-depth analysis of the prime market players such as Daimler AG, Drover Limited, Facedrive Inc., Fair Financial Corp., OpenRoad Auto Group, Porsche AG, Primemover Mobility Technologies Pvt. Ltd., The Hertz Corporation, Toyota Motor Corporation, and Volvo Car Corporation.

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Similar Reports We Have on Automotive Industry :

Ride-Hailing Service Market by Service Type (E-hailing, Car Sharing, Car Rental, and Station-based Mobility), Vehicle Type (Two-wheeler, Three-wheeler, Four-wheeler, and Others), Location (Urban and Rural), and End User (Institutional and Personal): Global Opportunity Analysis and Industry Forecast, 2018 – 2025.

Mobility on Demand Market by type (Station-Based, E-Hailing, Car Rental, and Car Sharing), by service type (Information, Navigation, and Payment), by vehicle type (commercial and personal), and by connectivity type, (3G, 4G, 5G, WiFi, V2V, V2I, V2P, and V2N) – Global Opportunity Analysis and Industrial Forecast 2017-2025.

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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Optically Clear Adhesives Market is Anticipated to Be Appraised at US $3.8 Billion By 2030

Rise in adoption of consumer electronic devices, surge in demand from the automotive sector, and increase in usage of smart devices drive the growth of the global optically clear adhesives market. Asia-Pacific contributed to the highest share in 2020, and is expected to maintain its dominance by 2030. During the covid-19 pandemic, the healthcare sector witnessed an increased demand for advanced digital instruments in which optically clear adhesives are utilized.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global optically clear adhesives market generated $1.6 billion in 2020, and is estimated to garner $3.8 billion by 2030, witnessing a CAGR of 8.8% from 2021 to 2030.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

The flat segment held the largest share in 2020, accounting for nearly four-fifths of the global optically clear adhesives market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the edge-curved segment is estimated to manifest the largest CAGR of 9.3% from 2021 to 2030.

The Optically clear adhesives market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Optically Clear Adhesives Companies Covered Market:- Chase Corporation, Dow Inc., Delo Industrial Adhesive LLC, Henkel AG & Co. KGAA, Dymax Corporation, Nitto Denko Corporation, Lintec Corporation, Tesa SE, Show Denko Corporation and Other.

The acrylic segment accounted for the highest share in 2020, contributing to nearly one-third of the total share, and is expected to maintain its leadership position during the forecast period. However, the epoxy segment is projected to portray the highest CAGR of 9.7% from 2021 to 2030.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Optically clear adhesives market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Optically clear adhesives market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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Logistics Market Business Strategies, Technological Innovation, Trends & Top Players by 2027 – AMR

According to a recent report published by Allied Market Research, titled, “Logistics Market by Mode of Transport and End Use: Opportunity Analysis and Industry Forecast, 2020–2027,”

The global logistics market was valued at $7,641.20 billion in 2017, and is projected to reach $12,975.64 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.

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Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. China dominated the global logistics market share in 2019, and is expected to grow at a significant rate during the forecast period, owing to rapid growth in cross-border e-commerce transactions and strong growth in industrial & manufacturing activities coupled with increasing cross-border trade & export activities.

Logistics services are widely being used in various applications, including warehousing, procurement, supply chain, material handling, inbound & outbound transportation, packaging, and inventory management. By mode of transport, the logistics market is categorized into railways, airways, roadways, and waterways. Among these, roadways are the most common mode of logistics transportation, owing to maximum geographical penetration.

Logistics refers to the process of planning, implementing, coordinating resources, and managing the flow of things from the point of origin to the final point of consumption. Resources, which are managed in logistics can include tangible items, such as liquids, equipment, materials, food products; and intangible goods such as information. The process of logistics assists in efficient and effective transportation & storage of goods as well as planning of related services. Logistics management primarily includes production, packaging, inventory, warehousing, security, material handling, integration of information, inbound & outbound transportation, and supply/demand planning of third-party providers.

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By mode of transport, the logistics market is categorized into railways, airways, roadways, and waterways. The roadways segment accounted for the highest revenue in 2017, owing to low capital investment, maximum geographical penetration, and increasing demand for door-to-door delivery. However, the waterways segment is anticipated to witness highest CAGR of 7.40% during the forecast period, owing to increasing popularity of containerization, low cost of operation of water transport, and increase in the number of new ports.

On the basis of end use, the logistics market is segregated into healthcare, manufacturing, aerospace, telecommunication, government & public utilities, banking & financial services, retail, media & entertainment, technology, trade & transportation, and others. The manufacturing segment accounted for the highest revenue in 2017. The growth of the segment is attributed to increase in demand for procuring, distribution, & handing of raw materials and finished products.

The factors, such as growing e-commerce industry, rise in reverse logistics operations, and increase in trade-related agreements, fuel the market growth. In addition, rise of tech-driven logistics services and growing adoption of IoT-enabled connected devices are also expected to drive the market growth. However, lack of control of manufacturers on logistics service, poor infrastructure, and higher logistics costs hinder the market growth. Further, emergence of last mile deliveries, logistics automation, and cost cutting & lead time reduction due to adoption of multi-modal system are some of the factors that are expected to foster the logistics market growth.

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Covid-19 Scenario Analysis :

Travel restrictions, nightly curfews, border closures, and flight cancellations imposed by countries in the region led to decline in logistics activities and also revenues of logistics and transportation service providers.
Lockdown restrictions due to COVID-19 are expected to fuel the online delivery and e-commerce industry.
COVID-19 is anticipated to negatively affect non-essential goods retail and ground cargo demand across the world.
The COVID-19 crisis may affect commodity chains in the short & long term and decline the foreign investment.

Key Findings Of The Study :

By mode of transport, the roadways segment is expected to register a significant growth during the forecast period.
On the basis of end use, the healthcare segment is projected to lead the global logistics market, owing to higher CAGR.
Region-wise, Asia-Pacific is anticipated to register the highest CAGR.

The key players analyzed in this logistics market report are A.P. Moller–Maersk, C.H. Robinson Worldwide, Inc., DB Schenker, Deutsche Post AG (DHL Group), DSV, FedEx, Geodis, Kuehne+Nagel, Nippon Express, and United Parcel Service, Inc.

Similar Report –

On-demand Logistics Market by Service Type (Transportation, Warehousing, Value Added Services), by End User (B2B, B2C, C2C), by Application (Retail and E-commerce, Healthcare, Manufacturing, Documents and Letters, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

E-Commerce Logistics Market By Service Type (Transportation, Warehousing), By Operational Area (International, Domestic): Global Opportunity Analysis and Industry Forecast, 2020-2030

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Lightweight Materials Market is Expected to Expand at a Sluggish CAGR of 4.5% During Forecast 2021-2030

Increase in disposable income, technological upgrades, rise in new product developments, and surge in number of original equipment manufacturers (OEMs) and aftermarkets led the automobile sector to witness a significant growth, which in turn drives the global lightweight materials market. On the other hand, rapid fluctuations in raw material prices and high cost of carbon fiber restrict the use of lightweight materials in various end-use industries, including automotive, aircraft manufacturing, wind turbines, and marine, which impedes the growth to some extent.

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The global lightweight materials industry was estimated at $168.1 billion in 2020, and is anticipated to hit $261.6 billion by 2030, registering a CAGR of 4.5% from 2021 to 2030.

The automotive segment held around four-fifths of the global lightweight materials market revenue in 2020, and is expected to lead the trail by 2030, owing to rise in middle-class income and surge in the young population across the world. The aerospace segment, on the other hand, would manifest the fastest CAGR of 4.7% from 2021 to 2030. This is due to the fact that both developed and developing economies are constantly engaged in upgrading their fighter jets with modern armor facilities where lightweight materials are widely used to enhance the avionics and mileage of fighter jets.

The Lightweight materials market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Lightweight Materials Companies Covered Market:- ArcelorMittal, Bayer AG, DuPont, Toray Industries, Inc., ExxonMobil Corporation, Solvay, Novelis Inc., PPG Industries, Inc., Saudi Basic Industries Corporation and Other.

The metal alloys segment accounted for more than three-fifths of the global lightweight materials market share in 2020, and is anticipated to rule the roost by 2030. Rise in demand for adhesives manufacturing tapes & labels, general-purpose repair, gift wrapping & decoration, and heavy-duty carton sealing propels the growth of the segment. The composites segment, however, would cite the fastest CAGR of 5.4% throughout the forecast period. Increasing demand for composites from building & construction, automotive, transportation, and other end-use sectors drives the segment growth.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Lightweight materials market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Lightweight materials market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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Fluoropolymers Market Is Expected To Accumulate A Market Value Of US $11.7 Billion By 2027

Growing demand for fluoropolymer from automotive and aerospace industries drives the growth of the global fluoropolymers market. Based on region, Asia-Pacific contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. Due to Covid-19 fluoropolymers manufacturing companies have been affected to a larger extent due to disrupted supply of raw material.

A complete and wide-ranging evaluation of a the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global fluoropolymers market generated $7.66 billion in 2019, and is estimated to reach $11.70 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027.

The PTFE segment contributed to the largest share in 2019, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the PVDF segment is estimated to portray the highest CAGR of 7.2% during the forecast period.

The Fluoropolymers market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Fluoropolymers Companies Covered Market:- Asahi Glass Company Limited, Arkema SA, Daikin Industries, The Chemours Company, Dupont, Dongue Group, Mitsubishi Chemical, Honeywell, Saint-Gobain, and SABIC Innovative Plastics and Other.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Fluoropolymers market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Fluoropolymers market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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Dairy Protein Market Share 2021 Growing Rapidly with Recent Trends and Outlook By 2027

The global dairy protein industry generated $9.9 billion in 2019, and is expected to reach $15.3 billion by 2027, witnessing a CAGR of 4.6% from 2021 to 2027.

Increase in demand for protein as nutritional and functional ingredients, surge in consumer awareness regarding healthy diet, and rise in demand for infant formula drive the growth of the global dairy protein market. However, demand for plant-based protein hinders the market growth. On the other hand, introduction of protein supplements in untapped regions, product innovations, and demand for organic dairy ingredients create new opportunities in the coming years.

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Leading market players

Kerry Inc.
Arla Foods Inc.
Archer Daniels Midland Company
Fonterra Co-Operative Group (Fonterra)
Groupe Lactalis
Cabot Creamery
Royal Frieslandcampina
Dana Dairy Group
Schreiber Foods
Saputo

Covid-19 Scenario

The manufacturing activities of dairy proteins were hindered due to close down of manufacturing facilities with the lockdown. The raw material supply was disrupted due to restrictions on daily activities.
The demand for dairy protein reduced significantly due to limited or no manufacturing activities of different products in the food & beverage, personal care, and nutrition industries. However, the demand is expected to rise during the post-lockdown as daily activities in these industries take pace.

The whole egg protein segment to maintain its lead position during the forecast period

Based on product type, the whey protein segment accounted for the largest share in 2019, contributing to around half of the global dairy protein market, and is projected to maintain its lead position during the forecast period. This is due to rise in popularity among athletes and bodybuilders as it offers overall body growth and muscle building along with rise in demand for sports nutrition products and its tag as clean label ingredients. However, the casein and derivatives segment is projected to witness the highest CAGR of 5.9% from 2021 to 2027, owing to rise in demand for dietary supplements, expansion of prominent dairy-based vendors, and surge in consumption of proteins, vitality bars, and caffeinated drinks.

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The food and beverages segment to maintain its dominant share in terms of revenue by 2027

Based on application, the food and beverages segment contributed to the largest market share, holding nearly half of the global dairy protein market in 2019, and will maintain its dominant share in terms of revenue throughout the forecast period. This is attributed to rise in demand for dairy protein and other milk extracted proteins along with increase in consumer demand for high nutritional drinks in the U.S. and Canada. However, the nutrition segment is projected to manifest the fastest CAGR of 5.9% from 2021 to 2027, owing to shift in preferences of health-conscious consumers toward nutritional drinks and products in developed countries with their excellent nutritional contents such as electrolytes and nutrients.

North America to maintain its leadership status by 2027

Based on region, North America held the highest market share in 2019, contributing to more than one-third of the global dairy protein market, and will maintain its leadership status by 2027. This is due to significant growth and unlimited potential of the fitness industry in the U.S. However, Asia-Pacific is estimated to portray the highest CAGR of 6.2% during the forecast period, owing to rise in food & beverages and nutrition industries in many Asian countries along with increase in awareness regarding casein & derivatives and whey protein as sports or refreshment drinks.

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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.

Lubricant Additives Market Are Anticipated To Reach A Forecasted Market Value Of US $31.3 Billion By 2030

Increased demand from the automotive industry and stringent environmental regulations regarding emission drive the growth of the global lubricant additives market. However, fluctuating prices of crude oil hinder the market growth. On the other hand, increase in market opportunities from developing economies presents new opportunities in the coming years.

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The global lubricant additives industry generated $18.3 billion in 2020, and is anticipated to generate $31.3 billion by 2030, witnessing a CAGR of 3.7% from 2021 to 2030.

The dispersants segment held the highest market share in 2020, accounting for more than one-fourth of the global lubricant additives market, and is estimated to maintain its leadership status throughout the forecast period. This is due to its wide usage in forming additive packages for both, automotive and industrial segments. Moreover, the antioxidants segment is projected to manifest the highest CAGR of 4.7% from 2021 to 2030.

The Lubricant additives market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Lubricant Additives Companies Covered Market:- BASF SE, Evonik Industries AG, Infineum International Limited, Chevron Oronite, Company LLC, Chemtura Corporation, The Lubrizol Corporation, Croda International PLC, Afton Chemical Corporation and Other.

The automotive lubricant additives segment accounted for the largest share in 2020, contributing to more than two-thirds of the global lubricant additives market, and is projected to maintain its lead position during the forecast period. This is owing to the rapid development in the automotive sector and increase in production of vehicles in major regions. However, the industrial lubricant additives segment is expected to portray the largest CAGR of 4.0% from 2021 to 2030. This is owing to rapid industrialization, use of lubricant additives for the effective use of energy resources, and expansion of various end use industries.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Lubricant additives market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Lubricant additives market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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Decentralized Identity Market Explore Top Factors that Will Boost the Global Market in Future 2031

According to the report published by Allied Market Research, the global decentralized identity market generated $156.8 million in 2021, and is projected to reach $77.8 billion by 2031, growing at a CAGR of 87.9% from 2022 to 2031.

Rapid incidences of cybersecurity problems and other fraudulent activities in the banking sector, rapid adoption of mobile device applications and platforms, and rise in applications of blockchain identity solutions in banks are expected to drive the growth of the global decentralized identity market. Rapid and remarkable advancements in decentralized identity technologies and growing online consumers’ fears about their identity security during the pandemic had a positive impact on the growth of the market.

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The report offers detailed segmentation of the global decentralized identity market based on type, enterprise size, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest-growing segments and highest revenue generation that is mentioned in the report.

Based on type, the biometrics segment held the dominating market share in 2021, holding more than two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. The non-biometrics segment, on the other hand, is expected to cite the fastest CAGR of 91.3% during the forecast period.

Based on enterprise size, the large enterprises segment held the largest market share in 2021, holding nearly four-fifths of the global decentralized identity industry, and is expected to maintain its leadership status during the forecast period. The SMEs segment, on the other hand, is expected to cite the fastest CAGR of 92.5% during the forecast period.

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Based on end-user, the enterprises segment held the largest market share in 2021, holding more than four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The individual segment, on the other hand, is expected to cite the fastest CAGR of 95.1% during the forecast period.

Based on region, the market across North America held the largest market share in 2021, holding more than two-fifths of the global market. The Asia-Pacific region, on the other hand, is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 96.0% during the forecast period.

The key players analyzed in the global decentralized identity market report include 1Kosmos, Accenture, Avast, Civic Technologies, DragonChain, Finema, Hu-manity co., Microsoft Corporation, Nuggets, NuID, Persistent Ltd., Ping Identity, R3, SecureKey Technologies, Serto, ValidatedID, and Wipro Corporation.

The report analyzes these key players in the global decentralized identity market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.

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COVID-19 Scenario:

The COVID-19 pandemic had a positive impact on the growth of the global decentralized identity market.
This is mainly due to the surge in the need to maximize the digital ecosystem among people around the world. Increase in fraudulent activities and cybercrime resulted in consumers’ fears about their identity security.
This created demand for various digital security of data as well as people in the market. Decentralized identity is important for confirming user identities and securely storing them.
In addition, more and more enterprises around the world are increasingly taking significant efforts to implement decentralized identification systems. These factors are further expected to ample opportunities for the industry in the coming years.

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Cleanroom Disposable Gloves Market Value is Projected to Grow Beyond Revenue of US $3.2 Billion by 2030

Rapid increase in demand from large customer base, implementation of government regulation for safety measures and product immutable factors the growth of the global cleanroom disposable gloves market. Based on region, Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding nearly half of the global cleanroom disposable gloves market.

A complete and wide-ranging evaluation ofa the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global cleanroom disposable gloves market generated $1.5 billion in 2020, and is projected to reach $3.2 billion by 2030, witnessing a CAGR of 7.7% from 2021 to 2030.

The semiconductors industry segment held the highest market share in 2020, holding nearly one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the hospitals segment is estimated to register the highest CAGR of 9.0% from 2021 to 2030.

The Cleanroom disposable gloves market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

Cleanroom Disposable Gloves Companies Covered Market:- Dia Rubber Co. Ltd.; Asiatic Fiber Corporation; Woojin ACT Co. Ltd., Kimberly-Clark Corporation, Riverstone Holdings Ltd., Careplus Group Berhad, UG Healthcare Corporation, Nitritex Limited, Valutek and Other.

The natural rubber gloves segment held the largest market share in 2020, holding more than two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the neoprene gloves segment is projected to register the highest CAGR of 9.3% from 2021 to 2030.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Cleanroom disposable gloves market was also not an exception in this regard. The report provihdes a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Cleanroom disposable gloves market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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Flavored yogurt Market is Projected to Register a CAGR of 4.8% in the Forecast to 2026

According to a new report published by Allied Market Research, titled, ” Flavored yogurt Market by Type, Application, and Form: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global flavored yogurt market size was at $63.6 billion in 2018 and is anticipated to reach $92.3 billion by 2026, with a CAGR of 4.8% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $28.7 billion from 2018 to 2026. Strawberry, vanilla, peach and blueberry are the most popular yogurts flavors preferred by the consumers due to their characteristic aroma and taste. Flavored yogurt are the popular choice of breakfast, snack, dessert and beverage among health-conscious consumers. Due to the busy lifestyle, consumers have shifted their preference towards the consumption of convenience food products. Owing to the nutritional properties and wide range of flavors and product types available, flavored yogurt have become one of the most preferred choice of convenience food among the consumers.

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The flavored yogurt market growth is propelled by the growing awareness of the health benefits of yogurt. Active and health conscious consumers have shifted their preference toward nutritional food products including flavored yogurt and other dairy products. Yogurt is a rich source of various essential nutrients including calcium, protein, phosphorus, potassium, and vitamins. It is also suitable for fortification to enhance the nutritional value of yogurt and flavor addition to enhance the taste and visual appeal of the product.

The flavored yogurt market is segmented on the basis of flavor, distribution channel, type, and region. Based on flavor, the flavored yogurt market is categorized into strawberry, vanilla, peach, blueberry, and others. Strawberry has been the most preferred choice of flavored yogurt among the consumers due to the fresh color, characteristic sweet taste and the smooth texture. The strawberry segment was valued at $25.8 billion and is expected to grow with a CAGR of 4.3% from 2019 to 2026, to reach $36.1 billion by 2026. The blueberry segment is estimated to be the fastest growing segment, with a CAGR of 5.8% during the forecast period.

On the basis of distribution channel, it is categorized into supermarket/hypermarket, convenience stores, e commerce, and others. The supermarket/hypermarket segment led the flavored yogurt market in terms of distribution channel and is expected to growth with a CAGR of 4.8% during the forecast period. The segment is expected to reach $33.8 billion by 2026. The E commerce segment is anticipated to be the fastest growing segment during the flavored yogurt market forecast. Growing smartphone penetration and growing number of consumers seeking convenient lifestyle is likely to drive the flavored yogurt market through e commerce distribution channel.

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On the basis of type, the conventional segment held a significant share in the global market in 2018. However, the organic segment is expected to grow at higher CAGR, owing to increase in consumer inclination towards the organic food products. In addition, growing knowledge and awareness about the ill effects of synthetic chemicals on the health of the consumers further adds to its market attractiveness.

On the basis of region, flavored yogurt industry is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). This can be attributed to high per capita consumption of flavored yogurt in majority of the countries in Europe including Germany, France, Italy, UK, among others. Consumers in the region are attracted by the new flavors, and textures of the flavored yogurts and has led to the growth of the market in the region. Furthermore, Asia-Pacific is expected to witness a highest CAGR, owing to the rising awareness of the health benefits of flavored yogurt.

Key Findings of the Flavored Yogurt Market :

The flavored yogurt market was valued at $ 63.6 billion in 2018 and is estimated to reach $92.3 billion by 2026, growing at a CAGR of 4.8% during the forecast period.
By type, the organic segment is estimated to witness the fastest growth, registering a CAGR of 11.6% during the forecast period.
In 2018, by distribution channel, the supermarket/hypermarket segment held the highest share, accounting for one third of the global flavored yogurt market share.
In 2018, Germany was the most prominent market in the Europe region and is expected to grow at a significant CAGR throughout the forecast period.

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The key players profiled in this report include Danone, Nestle, Chobani LLC, General Mills, Arla Foods, Müller, Fage International S.A., Stonyfield Farm Inc., Emmi Group, and Cabot Creamery.

Reasons to Buy this Flavored yogurt Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

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About Us

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 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 domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

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