A Market Place Research – Page 1302

Mass flow controllers Market : Mass flow controllers to drive the pharmaceutical industry-

The global mass flow controller market is experiencing a sizeable growth, and will grow considerably in the next few years. A mass flow controller routinely gear sticks the flow rate of a gas as per a set flow rate referred as an electric signal, without being influenced or stirred by fluctuations in gas pressure. In a nutshell, mass flow controller can be defined as a device used to quantify, compute, regulate, and set the stream or drift of a gas or liquid in different applications. These devices are exclusively premeditated to regulate or rheostat a certain type of liquid or gas at a specific range of flow rates. The dimension or extent of flow, irrespective of its type, is certainly an important parameter in many courses. In most processes and maneuvers, it is actually vital to be familiar with the fact that the right fluid is at the right place at the right time. Measuring flow and pressure plays an active role in providing this measure to the respective processes.

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Key benefits of the report:

This study presents an informative depiction of the global mass flow controller industry along with the current trends and future estimations to support the investment pockets.

The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global mass flow controller market share.

The current market is quantitatively analyzed from 2020 to 2027 to highlight the global mass flow controller market trends.

Porter’s five forces analysis demonstrates the influence of buyers & suppliers in the mass flow controller market.

The report provides a detailed market study based on economical intensity and how the global competition will take shape in the near future.

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Mass Flow Controller Market Report Highlights

Aspects Details
By Material
Exotic Alloys
Stainless Steel

By Flow
Low Flow Rate
Medium Flow Rate
High Flow Rate

By Connectivity Technology
Analog
Profibus
Profinet
Analog
RS-485
Ethercat
Modbus
RTU Device
Net Modbus TCPIP
Foundation Fieldbus

By End User
Oil & Gas
Pharmaceuticals
Semiconductor
Food & Beverages
Metals & Mining
Water & Wastewater Treatment

By Region
North America (U.S., Canada, Mexico)
Europe (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players Brooks Instrument, Burkert Fluid Control Systems, Teledyne Hastings Instruments, Sierra Instruments, Alicat Scientific, MKS Instruments, Horiba, Sensirion, Bronkhorst High-Tech

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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.

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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U.S. mhealth Device Market to Reach $53.25 Billion By 2028

Changes in lifestyle, rise in use of smartphone, and new product developments drive the growth of the U.S. mhealth device market. The real-time tracking segment is projected to manifest the fastest CAGR of 20.7% from 2021 to 2028. The demand for mhealth devices has been increased significantly during the Covid-19 pandemic to monitor health conditions remotely for ensuring safety and avoiding cross-contamination during visits to clinics or hospitals.

According to the report published by Allied Market Research, the U.S. mhealth device market generated $12.11 billion in 2019, and is estimated to reach $53.25 billion by 2028, witnessing a CAGR of 19.6% from 2021 to 2028. The report offers a detailed analysis of changing market trends, key segments, top investment pockets, competitive landscape, and regional scenarios.

Changes in lifestyle, rise in use of smartphone, and new product developments drive the growth of the U.S. mhealth device market. However, concerns regarding regulatory compliance hinder the market growth. On the other hand, increase in awareness toward remaining fit and active create new opportunities in the coming years.

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Covid-19 Scenario:

The demand for mhealth devices has been increased significantly during the Covid-19 pandemic to monitor health conditions remotely for ensuring safety and avoiding cross-contamination during visits to clinics or hospitals.
However, production facilities faced challenges such as shortage of workers, procurement of raw materials, and disruptions in supply chain due to lockdown. The production is expected to resume with full capacity during the post-lockdown.

The report offers detailed segmentation of the U.S. mhealth device market based on device type and application.

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Based on application, the diagnosis & treatment segment held the largest market share, accounting for nearly half of the U.S. mhealth device market in 2019, and is expected to maintain its lead position during the forecast period. However, the real-time tracking segment is projected to manifest the fastest CAGR of 20.7% from 2021 to 2028.

Leading players of the global the U.S. mhealth device market analyzed in the research include Ascom Holding AG, Honeywell International Inc., Kaiser Permanente, Zebra Technologies Corp, General Electric Company, Cybernet Manufacturing, Inc., Vivify Health, Inc., NETSCOUT Systems, Inc., Medtronic Plc, Masimo, Agamatrix Inc., Boston Scientific Corporation, Omron Corporation, Athenahealth Inc., Koninklijke Philips NV, and HCHB.

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Power Filter Market Is Expected to Reach $387.80 Million by 2031

Rise in demand for power electronics component across various industry verticals and surge in need to attain higher energy efficiency propels the growth of the power filter market. By type, the three phase filter segment contributed to the major share in 2021. By region, LAMEA would grow at the fastest CAGR by 2031.

According to the report published by Allied Market Research, the global power filter market was estimated at $268.60 million in 2021 and is expected to hit $387.80 million by 2031, registering a CAGR of 3.8% from 2022 to 2031. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

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Rise in demand for power electronics component across various industry verticals and surge in need to attain higher energy efficiency propels the growth of the power filter market. On the other hand, high prices associated with filters impede the growth to some extent. Nevertheless, technological advancements and the rapidly growing semiconductor industry are expected to create lucrative opportunities in the industry.

Based on application, the industrial machinery segment generated the highest share in 2021, accounting for more than one-fourth of the global market. The communication segment, on the other hand, would cite the fastest CAGR of 4.3% from 2022 to 2031.

Based on region, the market across North America held the major share in 2021, garnering nearly two-fifths of the global market. LAMEA, simultaneously, would manifest the fastest CAGR of 4.6% throughout the forecast period.

The key market players analyzed in the global power filter market report include Astrodyne TDI, Schaffner Holding AG, Curtis Industries, TDK Electronics, TE Connectivity, ETS-Lindgren, COSEL CO., LTD., ALTRAN MAGNETICS, INC., API TECHNOLOGIES CORP., and SCHURTER. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

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global healthcare barcode reader market is projected to reach $640.7 million by 2028

The global healthcare barcode reader market size was valued at $260.9 million in 2019, and is projected to reach $640.7 million by 2028, registering a CAGR of 12.7% from 2021 to 2028. Barcode reader is a device that helps in extracting the information and data from the barcode, and transmits it to the computer in a hospital or healthcare facility. It allows individuals to access classified information and data. Increase in trends and technologies along with reduced data errors led to rise in the growth of barcode reader in healthcare. The barcode reader has a significant adoption rate in healthcare due to its advantages such as increased patient safety and reduction of human error.

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Key Benefits For Stakeholders

This study includes the analytical depiction of the healthcare barcode reader market forecast along with the current trends and future estimations to determine the imminent investment pockets. The report presents information regarding the key drivers, restraints, and opportunities in the healthcare barcode reader market.
The healthcare barcode reader market trends are quantitatively analyzed from 2019 to 2028 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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Key Market Players

Honeywell
Zebra
Cognex
Sato
Toshiba
Wasp
Datalogic
Scandit
Juniper
Bluebird
Denso
NCR
Opticon
Sick
Microscan
JC Square
Keyence

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Fitness and Recreational Sports Centers Market will Gain Momentum by 2030 to Surpass $113,116 Mn – 24 Hour Fitness, Equinox, Gold’s Gym, Planet Fitness

Rise in trend of group fitness activities is projected to drive the growth of yoga and aerobic dance segments in the near future. In addition, increase in young population willing to take up outdoor sports as a medium for their fitness is expected to be the major driver for handball and racquet sports.

According to a new report published by Allied Market Research, titled, Fitness and Recreational Sports Centers Market by Type and Age Group: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global fitness and recreational sports centers market size was valued at $83,680 million in 2016, and is expected to reach $113,116 million by 2023, registering a CAGR of 4.4% from 2017 to 2023. North America dominated the global market, accounting for more than one-third share in 2016.

Top Leaders:

24 Hour Fitness
Equinox
Gold’s Gym
Planet Fitness
Life Time Fitness
Town Sports International
Fitness First and Virgin Active
Konami Sports Club
McFit
CrossFit Inc

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The population below the age of 35 is estimated to hold a significant share in the global market in 2016, as this age group constitutes major working population. Moreover, the number of these individuals going to gyms is on an increase to counter the side effects of their hectic urban lifestyles.

Rise in awareness about the benefits of fitness is anticipated to increase the number of individuals in the gyms, thus driving the growth of the overall fitness and recreational sports centers market. In addition, increase in cases of obesity and rise in prevalence of osteoporosis & lowering of bone density have prompted people to focus on health and fitness seriously. Furthermore, rise in disposable income of consumers is expected to boost the growth of the global fitness and recreational sports centers industry during the forecast period.

The gymnasiums segment held the major share in the global market in 2016, and is anticipated to retain its dominance till the end of forecast period.

Many global corporations have already installed in-house fitness centers within their office premises, which promote the growth of the market. Moreover, the hospitality industry and residential societies are also following the same trend. Furthermore, the international fitness chains have taken up franchise routes to tap the developing markets such as India, Indonesia, and China, which is projected to provide lucrative opportunities for market expansion.

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Key Findings and Scope of Fitness and Recreational Sports Centers Market:

In terms of value, the handball sports segment is anticipated to be grow at the highest rate during the analysis period.
North America is estimated to maintain its lead throughout 2023, registering a CAGR of 3.1%, in terms of value.
In terms of value, the aerobic dance segment occupied approximately 10.2% of the total market in 2016.
China occupied 32.0% of the Asia-Pacific fitness and recreational sports centers market in 2016.
In terms of value, UK is expected to grow at the highest CAGR of 5.8% in the European region.
In 2016, North America and Europe collectively accounted for around 68.0% of the total fitness and recreational sports centers market; however, its market share is anticipated to decrease by the end of the forecast period. Moreover, increase in middle class population in Asia-Pacific is expected to drive the market growth in this region.

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CBD Skin Care Market will Gain Momentum by 2026 to Surpass $3,484.00 Million – Kiehl’s LLC, Cannuka LLC, Leef Organics, Medical Marijuana Inc

According to a new report published by Allied Market Research titled, “CBD Skin Care Market by Product Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026,” The global CBD skin care market size was valued at $633.6 million in 2018 and is anticipated to reach $3,484.00 million by 2026, with a CAGR of 24.80% during the forecast period. The global CBD oil segment was valued at $219.0 million in 2018 and is anticipated to reach $1,134.0 million by 2026, with a CAGR of 24.00% during the forecast period.

Key Players:

The key players operating in the global CBD skin care industry include Kiehl’s LLC, Cannuka LLC, Leef Organics, Medical Marijuana Inc., Lord Jones, Kapu Maku LLC, VERTLYBALM, Elixinol Global Limited, Fab CBD Company, and Endoca LLC. Other key players identified in the value chain are L’Oreal, Varm Cosmo, L’Eela, Apothecanna, Charlotte’s Web Holdings, Kana Skincare, Josie Maran Cosmetics, Cronos Group, CBD Biotech, and Estee Lauder.

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The CBD skin care market is segmented on the basis of product type, source, distribution channel, and region. By product type, it is categorized into oils, lotion & creams, masks & serums, bath & soaps, and others. CBD oil is one of the key ingredients in every CBD skin care product. The ready availability and convenient manufacturing processes have made CBD oil as one of the lucrative segments for new entrants. Small scale cosmetic manufacturers are mainly focusing toward CBD oil production due to varied applications in wellness and cosmetic. By form, it is categorized into Hemp and Marijuana.

By distribution channel, it is categorized into departmental stores, e-commerce, hypermarkets/supermarkets, retail pharmacies, and others. Rise in penetration of internet among generation Z and novel cost benefits associated with E-commerce shopping are responsible for revenue growth of the e-commerce segment in the CBD skin care market. The global E-commerce segment was valued at $113.2 million in 2018 and is anticipated to reach $728.2 million by 2026, with a CAGR of 27.40% during the CBD skin care market forecast period.

Region-wise, CBD skin care market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (the Middle East, Latin America, and Africa). Premium nature of CBD infused skin care products and a touch of natural ingredients to the product offerings are increasing the popularity of CBD infused skin care products among consumers from the North America and Europe regions. Furthermore, increase in awareness toward medicinal and cosmetic benefits of cannabis coupled with active support from regulatory authority is expected to provide revenue boost to CBD skin care market in the North America and Europe regions.

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Legalization of cannabis and cannabis derivatives including cannabidiol (CBD) and hemp oil have increased the popularity of these ingredients among wellness and personal care products industry. Consumers are looking for CBD-infused products with natural active ingredients over other chemical based cosmetics. As a result, the cosmetics and personal care industries are expected to witness significant growth in cosmetic product infused with CBD and hemp oil. Some the leading cosmetic brands are already offering or experimenting in CBD based skin care products. Upscale retailers and some private label brands have already launched some products, which show the influence of CBD in mainstream cosmetic market. This trend is expected to gain traction among the global CBD skin care market players in few years.

The producers of CBD-based cosmetic products are facing certain challenges due to controversial nature of cannabis-derived ingredients in cosmetic products. Manufacturers need to take more precautions during manufacturing operation to avoid cross-contamination between CBD and non-CBD products. As a result, many companies are planning to run a separate production line for CBD skin care products to avoid cross-contaminations.

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Key Findings of the Study:

The CBD skin care oils segment is expected to grow at a CAGR of 24.00% during the forecast period.
North America is anticipated to dominate the CBD skin care market share, registering a CAGR of 24.3% during the forecast period.
Asia-Pacific is projected to exhibit exponential growth throughout 2026, registering the highest of CAGR 26.7% during the forecast period.
The departmental stores distribution segment is anticipated to dominate the global CBD skin care market analysis, with a CAGR of 23.5% during the forecast period.
The E-commerce segment is estimated to grow at a CAGR of 27.4% during the forecast period.

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Urban Air Mobility(UAM) Market Size, Share, Porter’s Five Forces – Ehang, Lilium Gmbh, Airbus, Wisk Aero LLC

According to a new report published by Allied Market Research, titled, “Urban Air Mobility(UAM) Market,” The urban air mobility(uam) market size was valued at $2.3 billion in 2021, and is estimated to reach $30.7 billion by 2031, growing at a CAGR of 30.2% from 2022 to 2031.

Urban air mobility is now proving to be a practical means of transport for moving people and cargo in innovative, cost-efficient ways. Urban air mobility guarantees to improve the current transportation ecosystem from congested roads and traffic conjunction. Urban air mobility has the potential to boost the effectiveness of the current transportation systems by minimizing distance traveled and enhancing sustainability. Urban air mobility will be thoroughly incorporated using the existing infrastructure and networks for transportation for connections at the first and last miles. The development of eVTOL aircraft which are able to take vertical takeoff has gotten the attention of major market players in urban transportation, which is a major factor estimated to propel the urban air mobility(UAM) market demand in the upcoming years.

However, some of the disadvantages of urban air mobility include its high initial investment cost. Urban air mobility is a flying vehicle that is developed to operate both on road and air but it requires to create of a suitable infrastructure for operating these vehicles in urban cities mostly in densely populated cities which includes a high investment cost in developing suitable infrastructure as well as there is chances of increase in noise pollution as these vehicles are using rotary blades for flying. These factors are going to hamper the urban air mobility(UAM) market growth in the forecasted period.

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Top Key Players:

The key players profiled in the urban air mobility market report include market players are Ehang, Lilium Gmbh, Airbus, Wisk Aero LLC., Bell Textron, Volocopter GmbH, Workhorse Group Inc., Joby Aviation., Kitty Hawk, and Archer Aviation.

The use of urban air mobility vehicles as air taxis is anticipated to gain traction. This is because urban air mobility is flying vehicles that are used for transportation or either passenger or goods from one destination to another destination within urban areas. These vehicles are having the capabilities to take off and land vertically this ability of urban air mobility vehicles is going to make these vehicles perfect for air taxis in urban areas. Also, these vehicles are using electric energy for running it makes it a cost-effective and pollution-free mode of urban transportation. For instance, the Volocopter the urban air mobility company has plans to introduce air taxis in Singapore in 2024.

The global urban air mobility market share is segmented based on platform, platform operations, range, platform architecture, and region. By platform, it is classified into air taxis, air shuttles & air metro, personal air vehicles, cargo air vehicles, air ambulance & medical emergency vehicles, and last-mile delivery vehicles. By platform operations piloted and autonomous. By range intercity and intracity. By platform architecture rotary wing and fixed-wing hybrid. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The report offers a comprehensive analysis of the global urban air mobility market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also sheds light on the present urban air mobility(UAM) market trends, scenarios, and developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.

Impact of Covid-19 on the Global Urban Air Mobility Market

The COVID-19 epidemic has had an enormous effect on every industry. Since most of the major companies in the Urban Air Mobility (UAM) sector are either directly or indirectly connected to the aviation sector, which has been significantly impacted by the pandemic, the UAM sector has also been negatively impacted.
The UAM sector, which is still developing, experienced robust growth before the COVID-19 epidemic, with a healthy pace of innovations and significant investments.
COVID-19 impacted almost all industries and the urban air mobility vehicle producing companies ceased their operations owing to import-export restrictions, lockdown imposed across several countries, shortage of labor the fear of contracting the novel coronavirus led to sluggish demand in the market.
Social distancing norms closed borders, and production constraints, due to the pandemic, across various countries such as China, India, and the U.S. have affected the urban air mobility(UAM) industry.

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Key Findings of the Study

Based on the platform, the air taxis sub-segment emerged as the global leader in 2021, and the last-mile delivery vehicles sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.
Based on platform operations, the piloted sub-segment emerged as the global leader in 2021 and the autonomous sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.
Based on range, the intercity sub-segment emerged as the global leader in 2021 and the intracity sub-segment is predicted to show the fastest growth in the upcoming years.
Based on platform architecture, the rotary wing sub-segment emerged as the global leader in 2021 and the fixed-wing hybrid sub-segment is predicted to show the fastest growth in the upcoming years.
Based on region, the Asia-Pacific market registered the highest market share in 2021 and is projected to maintain the position during the forecast period.
The report provides an in-depth analysis of urban air mobility(UAM) market share.

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The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Low Calorie Snacks Market Trends, Size, Segments, Share and Growth till 2030

According to a new report published by Allied Market Research, titled, “Low Calorie Snacks Market by Type, Nature, Packaging Type, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2030,” The global low calorie snacks market size was valued at $7,620.1 million in 2020, and is expected to garner $24,117.4 million by 2030, registering a CAGR of 12.3% from 2021 to 2030. There is an incremental revenue low calorie snacks market opportunity of $16,497.3 million from 2020 to 2030.

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The factors such as consumer preference for healthier low calorie snacks products, change in culture & lifestyle of the emerging Asian market, and increase in demand for convenience foods are impacting the growth of the low calorie snacks market. Moreover, the market is expected to grow at a faster rate during the forecast period, due to increase in population, rise in urbanization, and introduction of healthier bakery alternatives at reasonable costs.

Supermarkets and hypermarkets will remain the main sales channels for sweet and savory snacks for the near future. However, as a newly-emerging retail channel that is seeing rapid growth, internet retailing is predicted to play a more important role. As a result of brand-building efforts and the establishment of logistics systems, key business-to-consumer online retailers such as yihaodian and Tmall have become more popular among domestic consumers. Internet retailing is also able to provide consumers in lower-tier cities with easier access to newly-launched sweet and savory snacks. The greatest potential threat to the growth of sweet and savory snacks will be consumers’ concern regarding food safety.

Based on type, savory snacks held a major share in the market. Changing lifestyle of people and consuming savory snacks in the occasion of parties, events and other functions to serve the people with beverage influence the positive impact of the savory snack market. Increasing the consumption among the population and rapid urbanization influences the food and beverage industries of key growth of the market. Snacking product is a leading trend in the food and beverage industry, which is a major key factor to fuel the growth of the global low calorie snacks market.

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Based on low calorie snacks market analysis, by packaging type, the pouches segment held the major low calorie snacks market share of 48.5% in the low calorie snacks market. This is due to superior properties such as low cost, convenience, and excellent printability, which make it a lucrative packaging solution.

The business to consumer channel including the hypermarkets/supermarkets segment was the leading channel with maximum share in 2020, growing with significant CAGR during the low calorie snacks market forecast period. This is attributed to increase in business of retail sales in different regions and availability of large shelf space for maximum sales.

Region wise, Europe was the prominent region in 2020, garnering maximum share in the low calorie snacks market, owing to huge consumer base and increase in population. Moreover, the region gained a major traction owing to increase in knowledge about health and fitness coupled with the improvements in the retail distribution channels that makes acquiring packaged food such as low calorie snacks easy.

The key players profiled in low calorie snacks market report include Archer Daniels Midland Company, Cargill, Incorporated, Conagra Brands, Inc, Danone, General Mills, Inc, Hain Celestial, Ingredion Incorporated, Mondelez International, Nestle S. A, and The Kraft Heinz Company.

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Key findings of the study

By type, the savory snacks segment held the highest share, accounting for 56.1% of the global low calorie snacks market.
Based on nature, the organic segment witnessed a major growth rate of 12.8%.
Based on packaging type, pouches segment held the major share of 48.2% of the market.
Based on distribution channel, business to business segment witnessed a major annual growth rate of 12.9%.

Reasons to Buy this Low Calorie Snacks 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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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.

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Aquaculture Market Expected to Grow at a CAGR of 5.8% – Exclusive Report by Allied Market Research

The global aquaculture market size was valued at $285,359.7 million in 2019, and is projected to reach $378,005.5 million by 2027, registering a CAGR of 5.8%.

The others segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. Asia-Pacific held a leading position in the global market in 2019, and is expected to maintain its dominance in the future.

Increase in fish production to meet food supply and changes in lifestyle, rise in demand for protein rich diet, technological advancements in the sector of aquaculture, and expanding food & beverage and retail market drive the growth of the global aquaculture market. However, rise in act of animal cruelty in animal farms and slaughterhouses, adoption of veganism, and increase in temperature and water pollution hamper the market growth. On the contrary, evolution in inland fishing and use of more sustainable technology in aquaculture are expected to open lucrative opportunities for the market players.

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The global aquaculture market report includes an in-depth analysis of the prime market players including WH Group, Smithfield Foods, JBS S.A., Danish Crown, Triumph Foods, Tönnies, Tyson Foods Inc., Vion Food Group Ltd., Yurun Group, and Shuanghui Development.

Covid-19 scenario:

The Covid-19 outbreak significantly affected the demand for seafood. The market witnessed drastic decline in sales of fish products due to supply chain disruption and reduction of out-of-home consumptions as restaurants and hostels were closed.
However, at-home consumption of fish products has increased during the lockdown in several countries. Moreover, restaurants and hotels are reopened, which is expected to help the market get back on track.

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The global aquaculture market is segmented on the basis of environment, fish type, and region. Based on environment, the market is classified into marine water, fresh water, and brackish water. The fresh water segment held the lion’s share in 2019, accounting for nearly three-fourths of the market. Moreover, the segment is expected to manifest the highest CAGR of 5.9% during the forecast period.

On the basis of fish type, the market is divided into carps, mollusks, crustaceans, mackerels, sea bream, and others. The mollusks segment held the lion’s share in 2019, contributing to around one-fifth of the market. In addition, the segment is expected to portray the highest CAGR of 6.2% during the forecast period.

The global aquaculture market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific dominated in 2019, accounting for nearly two-thirds of total revenue, and is estimated to register the highest CAGR of 6.0% during the forecast period.

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Aerospace Forging Market Trends, Business Strategies and Opportunities With Key Players Analysis 2027

Aerospace Forging Market Outlook – 2027

Aerospace forging is the manufacturing process that involves the shaping of metal with the use of localized compressive forces. With increasing air passenger traffic, major players in the commercial aviation industry are likely to witness an upsurge in the number of aircraft deliveries, which in turn is expected to boost the market for aerospace forging. In addition, the manufacturing of specialized aircraft requires manufacturing of high-performance material, shaped with highly advanced technologies. This, therefore, creates opportunities for the growth of the global aerospace forging market.

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Companies covered: Acronic, Bharat Forge, Scot Forge, ELLWOOD Group Inc., Jiangyin Hengrun Heavy Industries Co. Ltd., Larsen & Turbo Limited, Precision Castparts Corp., Consolidated Industries Inc., Fountaintown Forge Inc., and Pacific Forge Incorporated.

COVID-19 Scenario Analysis:

It is estimated that the production of aerospace forging is going to be more agile after the end of COVID-19.
The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
The revenue is not being generated for the companies due to the ongoing pandemic, which will result in major losses across the year.
Companies have to deal on a significant margin basis to revive the market.
A huge monetary loss has been accounted in the revenue generation of the aerospace forging companies due to the lockdown.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The aerospace forging market has spurred over the past decade due to its rising necessity in the aviation industry. The global aviation industry is growing in terms of commercial air passenger traffic, which in turn is anticipated to boost the growth of the global aerospace forging market. This also is proliferated by increasing investment in the industry by government institutions as well as the private aviation industry. Further, the manufacturers are focused on developing advanced components with technologically robust materials. Moreover, the military aviation sector witnesses a significant need for aerospace forging, which in turn is accelerating the growth of the global aerospace forging market.

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The global aerospace forging market trends are as follows:

Rise in air traffic to boost demand in commercial aviation

The global aerospace forging market is anticipated to flourish during the forecast period due to a significant rise in air passenger traffic. The emerging lifestyle change along with an increase in disposable income is fueling consumer spending toward tourism and air travel, which in turn is expected to boost the application of aerospace forging in the commercial aviation industry. In addition, stringent safety measures mandated by government and aviation authorities require regular maintenance of aircraft models, which generates sufficient demand for the aerospace forging market globally.

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The significant requirement from the defense sector

The defense aviation requires a large number of forged components which are manufactured using various alloys. In addition, components such as engine parts, turbines, landing gears, and other machined parts are anticipated to witness an upsurge in demand during the forecasted period. Besides, the high strength of these components makes them fit for vivid applications and is therefore, widely used in military aviation. Moreover, the rise in government spending over the military up-gradation programs is likely to drive the global aerospace forging market. Furthermore, the R&D teams of the aerospace industry focus on the development of new raw materials and methods that deliver high performance and efficiency. This includes the manufacturing of newer generation models with the use of high-performance alloys and other materials.

Key Benefits of the Report:

This study presents the analytical depiction of the global aerospace forging industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global aerospace forging market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global aerospace forging market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global aerospace forging market analysis based on competitive intensity and how the competition will take shape in the coming years.

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Questions answered in the aerospace forging market research report:

Which are the leading market players active in the aerospace forging market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

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