According to the report published by Allied Market Research, the California industrial degreasing solvents market generated $7.1 million in 2019, and is expected to reach $8.9 million by 2027, witnessing a CAGR of 2.8% from 2020 to 2027. The report offers a detailed analysis of changing market dynamics, competitive scenario, top segments, key investment pockets, value chain, and regional landscape.
Rise in average age of vehicles and surge in demand for water-based degreasers drive the growth of the California industrial degreasing solvents market. However, increase in environmental and health concerns regarding solvent-based degreasers hinders the market growth. On the other hand, emergence of the electronics sector presents new opportunities in the coming years.
Manufacturing activities of different types of products stopped partially or completely due to lockdown imposed by governments in many countries. In addition, raw material shortage occurred.
As daily operations in the end-use industries such as paints, coatings, automotive, and others halted, the demand for industrial degreasing solvents reduced. However, the demand would grow steadily during the post-lockdown.
The report offers detailed segmentation of the California industrial degreasing solvents market based on product and end-use industry.
Based on product, the oxygenated degreasing solvent segment accounted for the highest market share in 2019, contributing to more than two-fifths of the total market share, and is estimated to maintain its leadership status during the forecast period. However, the green degreasing solvent segment is expected to manifest the highest CAGR of 4.4% from 2020 to 2027.
Based on end-use industry, the automotive repair and maintenance segment held the highest share in 2019, accounting for more than one-fifth of the California industrial degreasing solvents market, and is projected to maintain its lead position during the forecast period. However, the pharmaceutical and medicine manufacturing segment is expected to witness the fastest CAGR of 4.2% from 2020 to 2027.
Leading players of the California industrial degreasing solvents market analyzed in the research include BASF SE, Royal Dutch Shell Plc, RB Products, Inc., Jayne Products, Wego Chemical Group, CRC Industries, Inc., Keteca Water Works, LyondellBasell Industries N.V., Columbus Chemical Industries, Honeywell International Inc., Dow Inc., Arkema, and Eastman Chemical Company.
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.
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.
Increase in SDN across enterprises and rise in demand for network security have boosted the growth of the global Network Management Solutions Market. The Covid-19 outbreak severely impacted the market as several industries were exposed the vulnerability, especially those who were dependent on China for raw materials and finished goods.
The global network management solutions market generated $7.1 billion in 2021, and is estimated to reach $18 billion by 2031, witnessing a CAGR of 9.9% from 2022 to 2031.
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The global network management solutions market report offers detailed segmentation of the market based on component, deployment model, enterprise size, industry vertical, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on deployment, the on-premise segment held the largest share in 2021, accounting for nearly three-fifths of the market, and is expected to maintain its dominance in terms of revenue by 2031. However, the cloud segment is estimated to witness the largest CAGR of 11.5% during the forecast period.
On the basis of enterprise size, the large enterprises segment dominated the market in 2021, accounting for more than two-thirds of the global network management solutions market, and is projected to maintain its leading position throughout the forecast period. However, the SMEs segment is estimated to showcase the highest CAGR of 11.5% during the forecast period.
Based on component, the solution segment accounted for the highest share in 2021, contributing to nearly two-thirds of the total share, and is expected to maintain its leadership status during the forecast period. However, the services segment is expected to manifest the highest CAGR of 11.1% from 2022 to 2031.
Based on region, North America accounted for the highest share in 2021, contributing to more than two-fifths of the total market share, and is projected to continue its leadership status by 2031. However, market across Asia-Pacific is projected to portray the fastest CAGR of 12.4% during the forecast period. The research also analyzes regions including Europe and LAMEA.
Leading players of the global network management solutions market analyzed in the research include CA Technology, Cisco, Cubro Network Visibility, Ericsson, Huawei, IBM Corporation, Juniper Networks, Kaseya Co. Ltd., Live Action, Manage Engine, Micro Focus, NETSCOUT Systems, Nokia, Pasessler, Progress, and Zoho Corporation.
The Covid-19 outbreak severely impacted the market as several industries were exposed the vulnerability, especially those who were dependent on China for raw materials and finished goods.
The prolonged lockdown disrupted the supply chain and affected the global economy due to shutdown of manufacturing and production across the world.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Significantly increasing cyber-attacks including malware and APTs are expected to surge the demand for APT protection platforms across the world, which is further contributing to the Advanced Persistent Threat Market growth in the upcoming years.
An Advanced Persistent Threat (APT) is a network attack in which cyber-criminals enter a computer or network and use it (its system) to conduct undetected operations. APT attacks are mostly directed at companies that handle highly secret data, such as governmental and financial institutions.
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APT do not appear to be malware at first glance and can infiltrate themselves quite deeply in an administration’s IT systems, and are particularly difficult to identify and remove. The APT’s developers and designers are continuously keeping an eye on it and directing its actions by updating their code to evade detection and morph it into a changing set of characteristics.
Cyber threats are not only affecting the productivity of businesses but also harming essential IT infrastructure and sensitive data of firms. There is a surge in the frequency of cyber crimes because of the quick growth of digital transactions across all industrial verticals. The market for cyber security goods and services is being driven by the rise in enterprise data breaches or data leaks. This increase is attributable to technologies such as Machine Learning (ML), which enable attackers to produce several variants of harmful code every day.
The global advanced persistent threat market share is segmented based on deployment mode, services, solutions, and region. By deployment mode, it is classified into cloud and on-premise. By services, it is classified into Security Information and Event Management (SIEM), endpoint protection, Intrusion Detection System/ Intrusion Prevention System (IDS/ IPS), sandboxing, Next-Generation Firewall (NGFW), forensic analysis and other.By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Based on deployment mode, the on-premise sub-segment emerged as the global leader in 2021 and the cloud sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
Based on services, the managed services sub-segment emerged as the global leader in 2021 and the professional services sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
Based on solutions, the Security Information and Event Management (SIEM) sub-segment emerged as the global leader in 2021 and the Next-generation Firewall (NGFW) sub-segment is predicted to show the fastest growth in the upcoming years
Based on region, the North America market registered the highest market share in 2021 and Asia-Pacific is projected to show the fastest growth during the forecast period
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If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Rising demand for cloud based, big data analytics, in supply chain sector for increasing end to end visibility and for better efficiency and decision-making process have led to an increase in the demand for control towers, contributing to the Control Towers Market growth in the upcoming years.
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A control tower for supply chains is a central hub equipped with the necessary technology, organization, and procedures to collect and utilize transportation data to give improved visibility for short- and long-term decision-making in line with strategic goals.
The control tower provides various benefit to the organization such as control towers offer complete supply chain visibility, adjust deliver collaborative supply chain and multi-tier process and maximize dynamic supply chain execution and predictive decision-making, which is a major factor estimated to propel the control towers market analysis demand in the upcoming years.
Professionals spend less time searching through large amounts of matching data sets data, and doing analyses on control tower helps to reduce the time required for searching large amount of data. Professionals may interact with solutions using natural language thanks to AI-powered supply chain control towers. As a result, professionals are being assisted in producing insightful and helpful recommendations by the rising integration of artificial intelligence and machine learning with supply chain control towers.
The global control towers market share is segmented based on type, application, end-use, and region. By type, it is classified into operational and analytical. By application, it is classified into supply chain and transportation. By end-use, it is classified into aerospace & defense, healthcare, retail & consumer goods, automotive & manufacturing, information & technology, and others.
By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The key players profiled in the control towers market report include Blue Yonder Group, E2open, INFOR, KINAXIS, SAP SE, DiLX, o9 solutions, ORTEC, Viewlocity Technologies Pty Ltd, and One Network Enterprises.
Based on type, the operational sub-segment emerged as the global leader in 2021 and the analytical sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
Based on application, the supply chain sub-segment emerged as the global leader in 2021 and the transportation sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
Based on end-use, the automotive & manufacturing sub-segment emerged as the global leader in 2021
Based on region, the North America market registered the highest market share in 2021 and is projected to maintain the position during the forecast period
In-depth study of the control towers market forecast is also provided in the report
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
Asia-Pacific Fish Oil Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1.5 Billion by 2020, registering a CAGR of 5% during the period 2015-2020.
Presently, aquaculture application segment accounts for about 2/3rd of the Asia Pacific fish oil market revenue. China would continue to consolidate its leading position due to a high concentration of the aquaculture industry.
Aquaculture application segment consumes about 5/7th of the APAC fish oil market. More than 80% of the fish oil is consumed by the aquaculture industry in China, and similar trend is observed across Vietnam and Indonesia as well. Supplements & functional food forms the second largest fish oil consumer segment and would emerge as one of the fastest growing segments over the forecast period. Japan held 2/3rd of the fish oil consumed in supplement and functional food application market. A significant rise in health concerns among Japans geriatric population, fuels a demand of nutritional and pharmaceutical grade fish oil in Asia Pacific region.
Key companies, such as Triple Nine A/S and Omega Protein Corporation are primarily focusing on merger and acquisition as key strategies in order to strengthen their presence in potential fish oil markets across Asia Pacific region. The report covers a detailed study of key players such as Copeinca AS, Pesquera Diamante S.A, Corpesca SA, TripleNine, Omega Protein Corporation, Arbee and Mukka Sea Foods Industries.
Key Findings of Asia-Pacific Fish Oil Market:
Over the forecast period, supplement & functional foods and pharmaceuticals would emerge as the most lucrative fish oil application segments
3/5th of the Asia Pacific fish oil market is captured by China and Japan collectively
Most of the fish oil consumed in Asia is produced from Anchovies
Salmon and Trout are the two fish species that consumes the largest volume of aqua grade fish oil
Vietnam is among the top crude fish oil suppliers to China
Aquaculture and supplement & functional food are considered as the most attractive segment for investors in Asia pacific fish oil market
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. 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.
Seed Market by Type, Crop, Availability, Seed Treatment, and Seed Trait: Global Opportunity Analysis and Industry Forecast, 2022–2031,” The seed market size was valued at $58.5 billion in 2020, and is expected to reach at $105.3 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The field crops segment was dominant in 2020, accounting for more than half of the seed market share, in terms of volume.
A small embryonic plant enclosed within a protective covering is known as a seed. Seed serves various functions for plants, such as nourishment of the embryo, dispersal to a new location, and dormancy during unfavorable conditions. Timely availability of high-quality seeds in appropriate quantity determines the strength and health of agricultural economy. Sophistication of seed technologies such as seed pelleting, rise in usage of biofuels & animal feed, and increasingly accommodative regulatory stance are major factors that drive the seed market industry growth. Global population is estimated to reach 9 billion by 2050, and is expected to require twice the food, which is predicted to be produced from constant land area. More production is anticipated to be accomplished from less land only by using the combination of quality seeds, quality inputs, and enhancing farm practices.
Low acceptance of genetically modified (GM) crops in some regions, such as Europe, varying climatic conditions, and extensive research & prolonged approval time involved in the development of improved seed varieties having novel traits limit the seed market growth. Introduction of new technologies that offer potential benefits over conventional ones, improvement in seed replacement rate (SRR), and increase in demand for various crops in emerging economies are factors anticipated to provide opportunities for seed market expansion.
The seed market is segmented on the basis of type, crop, availability, seed treatment, seed trait, and geography. By type, the market is classified into genetically modified (GM) seed and conventional seed. On the basis of crop, it is bifurcated into field crops and fruits & vegetable crops. The field crops segment is divided into cotton, corn, rice, wheat, millet, sunflower, and sorghum. The fruits & vegetable crops segment is further classified into tomato, okra, chili, melon, gourds, cauliflower, cabbage, cucumber, and others (eggplant, pumpkin, radish, and carrot). On the basis of availability, the market is categorized into commercial seeds and saved seeds. On the basis of seed treatment, it is classified into treated and untreated. On the basis of seed trait, it is divided into herbicide tolerant, insecticide resistant, and other stacked traits. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The prominent market players included in seed market analysis are Advanta Limited (India), Bayer CropScience AG (Germany), DLF Seeds A/S (Denmark), DOW Agrosciences LLC (U.S.), E.I Du Pont De Nemours and Company (U.S.), Groupe Limagrain Holding SA (France), KWS AG (Germany), Land O’ Lakes, Inc. (U.S.), Sakata Seed Corporation (Japan), and Syngenta AG (Switzerland).
Asia-Pacific is expected to lead the market during the forecast period, followed by the LAMEA region. The fruit & vegetable crops segment dominated the market in the year 2020. The treated seeds segment registered the highest growth rate, in terms of volume, in 2020. On the basis of seed traits, the other stacked traits segment dominated the market in the year 2020. On the basis of availability, the commercial seeds segment is expected to have the highest CAGR during the forecast period. By type, the GM seeds segment is expected to have the fastest growth rate during the forecast period.
Key Benefits for Celery Juice Market: This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global celery juice market from 2018 to 2026 to identify the prevailing market opportunities. The key countries in all the major regions are mapped based on their market share. Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
○ 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.
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.
The global Vinyl Wallpaper Market Size was valued at $943.3 million in 2021, and is projected to reach $1.3 billion by 2031, growing at a CAGR of 3.3% from 2022 to 2031. The study involved research on landscape-specific skills as well as detailed information on each section such as Market Size, Shares, Trends, Regional and Country-level Strategic Market Growth, Opportunities in emerging revenue pockets, Competitive Landscape, Technological innovations, etc. This report assessment provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2021 to 2031
According to the United Nations, a large part of the globe is currently undergoing urbanization. In 2020, nearly 56% of the world’s population lived in urban areas. Growth in urbanization has resulted in increased awareness for wall covering products such as vinyl wallpaper. Increase in number of nuclear families, especially in developing countries coupled with rise in urbanization are surging demand for wallpaper.
Segmentation:
The global vinyl wallpaper market is segmented on the basis of product type, application, distribution channel, and region. By product type, it is categorized into solid vinyl wallpaper, vinyl coated wallpaper, and fabric backed vinyl wallpaper. Solid vinyl wallpaper is by far the most popular ones among the customers as it can withstand water & scrubbing, and is durable, washable, and long-lasting. Moreover, vinyl coated wallpaper has a paper base that is treated with a chemical form of vinyl such as acrylic vinyl which adds an extra layer of protection from humidity & moisture. Vinyl coated wallpaper is durable, water-resistant, stain-resistant, scrubbable, washable but tears more easily than other wallpapers. This home wallpaper is used in bathrooms and kitchens. Furthermore, fabric backed vinyl wallpaper consists of a thick woven fabric base that is used instead of paper. Fabric backed vinyl wallpaper is moisture resistant, durable, washable, scrubbable, and strippable.Â
Key findings of the study
On the basis of product type, the vinyl coated wallpaper segment is expected to be the fastest growing segment during the forecast period.
On the basis of type, the household segment was the dominating segment in 2021.
On the basis of distribution channel, supermarket/hypermarket segment is expected to be the fastest growing segment during the forecast period, with the CAGR of 4.1%.
On the basis of region, Asia-Pacific is expected to be the fastest growing segment during the forecast period with the CAGR of 4.5%.
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.
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.
The Baseball Equipment Market size was valued at $3.5 billion in 2021, and is estimated to reach $5.1 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031. The study involved research on landscape-specific skills as well as detailed information on each section such as Market Size, Shares, Trends, Regional and Country-level Strategic Market Growth, Opportunities in emerging revenue pockets, Competitive Landscape, Technological innovations, etc. This report assessment provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2021 to 2031.
The major Key Players covered in the report Baseball Equipment Market are:
Marucci Sports
Victus Sports
Demarini
Adidas
Easton
Mizuno
New Balance
Nike
Rawlings and Wilson. These major market players have adopted various strategies such as collaboration to expand their market reach. With the growing popularity and Baseball equipment market opportunity, new market players are also entering the market with the latest and advanced baseball equipment.
The increase in popularity of the sport across the globe owing to its fast pace and physical nature attracts many consumers to watch and ultimately play the sport either casually as exercise, or start seriously practicing the sport to turn it into a profession. Moreover, governments have increased investment in sports and sports scholarships as well as sports events which further motivates the younger population of the countries in which the sort is popular to take up the sport professionally.
Segmentation:
The baseball equipment market is segmented on the basis of product type, distribution channel, price point, buyer type, and region. By product type, the market is classified into bats, gloves, helmets, and others. By distribution channel, the market is categorized into specialty sports stores, e-commerce, supermarket & hypermarket, and other retail stores. By price point, the market is segmented into economy, mid-range, and premium. By buyer type, the market is divided into individual and institutional.
KEY FINDINGS OF THE STUDY
By type, the other segment includes ball and protective gear is estimated to witness significant growth, registering a CAGR of 4.4% during the forecast period.
By price point, the mid-range segment is estimated to witness significant growth, registering a CAGR of 4.2% during the forecast period.
By distribution channel, the E-Commerce channel segment is anticipated to grow at a CAGR of 4.6% during the forecast period.
By region, North America was the dominant region in 2021, occupying a major share of the baseball equipment market.
By region, LAMEA registered the highest growth rate and is expected to grow at a CAGR of 5.3% during the forecast period.
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.
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.
According to a new report published by Allied Market Research titled,“Milk Powder Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global milk powder market size was valued at $27,783.2 million in 2017, and is projected to reach $38,086.1 million by 2025, growing at a CAGR of 4.4% from 2018 to 2025. In 2017, the China milk powder market accounted for nearly 26% of the global milk powder industry.
Milk powder is obtained by dehydrating milk. The milk powder can be stored without substantial loss of quality due to a low water activity that hampers microbial metabolism, preferably for a significant amount of time. Milk powder is used as an ingredient for different applications in confectionaries, bakeries, infant formulas, and nutritional foods. It is obtained mainly by roller drying and spray drying methods.
People have become busier with the advent of globalization. Their lifestyles have changed, and the time allocated for household work, such as cooking, has reduced drastically. This lack of time has encouraged consumers to find alternatives to speed up household chores. Packaged and processed food as well as convenient meals has been adopted by the consumers to reduce time required for preparing food. This factor of seeking out convenient alternatives has paved the way for milk powder worldwide. Moreover, the shelf life of milk powder is higher than regular milk, which further increases the demand for milk powder over regular milk. Furthermore, the number of working women has increased and thus, fuels the adoption of infant formula, which boosts the growth of milk powder globally.
Furthermore, the introduction or development of new products such as flavored milk powder or lactose-free milk powder is expected to boost the milk powder market growth in the coming years.
However, milk powder often has emulsifiers in them. Emulsifiers are additives made from plant, animal, and synthetic sources, which help milk powder and similar processed products to attain a smooth texture, prevent separation, and extend shelf life. Safety of emulsifiers is carefully regulated and tested by the U.S. Food and Drug Administration. The emulsifiers come under the Generally Recognized as Safe (GRAS) category and are allowed in specific types of food & beverage at precise levels. The FDA frequently reviews the safety of permitted additives, based on the best scientific knowledge, to determine if approvals should be modified or withdrawn. Various studies and a recent 2015 mice study published on Nature stated that emulsifiers may increase bacterial translocation across epithelia and cause problems such as inflammatory bowel disease. This might affect the popularity of milk powder as a healthy alternative and restrict the growth of the milk powder market.
In 2017, the whole milk powder segment dominated the milk powder market due to it being perceived to be the most natural form of processed milk by a large number of consumers. The whole milk powder is also used as an ingredient in food items that need thicker consistency which further drives its growth in the global market. However, skimmed milk powder segment is expected to witness the highest CAGR over the forecast period due to it being popular for having less fat content and less overall calories. However, the skimmed milk powder market is anticipated to witness the highest growth over the forecast period as skimmed milk has very low concentrations of fat and is often considered as a healthier option than whole milk. It also has a better protein profile and is low in calories. It is often considered by people, who have a healthy lifestyle and are conscious about their weight. The powdered form is made by dehydrating skimmed milk. It has very low amounts of fat and is high in protein. It also has the same micro-nutritional profile as the whole milk powder. This makes it an ideal option for the weight watchers.
In 2017, the confectionery segment had the highest share in the powdered milk market. Rise in the consumption of confectionery has positively impacted the demand and growth of milk powder as confectionery require milk products as ingredients to be prepared. However, increase in participation of women in labor force has led to rise in number of women working outside their houses, which drives the growth of the infant formulas market. Infant formulas present an appealing alternative to working mothers for their babies as per the need and convenience.
Asia-Pacific milk powder market share is expected to account for the highest market share, in 2017 and is expected to maintain its dominant position throughout the forecast period. This is attributed to changing lifestyle in the region, led by globalization and increase in working population. Moreover, rise in the affluent population and increase in penetration of internet and social media drive the consumption of processed and packaged food, which makes way for packaged goods in the region.
In terms of value, the skimmed milk powder segment is expected to grow at a CAGR of 5.3% during the forecast period.
Asia-Pacific region is expected to dominate the market, registering a significant CAGR of 4.2% in terms of value.
LAMEA region is projected to show exponential growth throughout the forecast years, growing at a CAGR of 5.5%, in terms of value.
The confectioneries segment by application is anticipated to dominate global milk powder market, registering a CAGR of 3.5%.
Whole milk powder segment by type accounted for more than half of the global milk powder market in 2017.
The key players profiled in this report include Arla Foods amba, Dairy Farmers of America Inc., Danone, Dean Foods Company, Fonterra Co-operative Group, Kraft Foods Inc., Lactalis Group, Nestle S.A, Saputo Inc., and Schreiber Foods Inc.
Reasons to Buy this Milk Powder 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
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.
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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According to the report published by Allied Market Research, the global network security testing market generated $1.8 billion in 2021 and is estimated to reach $10.8 billion by 2031, witnessing a CAGR of 19.6% from 2022 to 2031.
An increase in demand for work-from-home and remote working policies drives the growth of the network security testing market. The market across Asia-Pacific is projected to portray the fastest CAGR of 21.5% during the forecast period. The pandemic positively affected the market due to a surge in digital penetration during the lockdown period.
The report offers detailed segmentation of the global network security testing market based on type, deployment model, enterprise size, industry vertical, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped into to achieve growth in the coming years.
Based on type, the VPN testing segment accounted for the highest share in 2021, contributing to more than two-fifths of the total share, and is expected to maintain its leadership status during the forecast period. However, the firewall testing segment is expected to manifest the highest CAGR of 21.2% from 2022 to 2031.
Based on the deployment model, the on-promise segment held the largest share in 2021, accounting for nearly three-fifths of the global network security testing industry, and is expected to maintain its dominance in terms of revenue by 2031. However, the cloud segment is estimated to witness the largest CAGR of 20.9% during the forecast period.
On the basis of enterprise size, the large enterprise segment dominated the market in 2021, accounting for more than two-thirds of the market, and is projected to maintain its leading position throughout the forecast period. However, the SMEs segment is estimated to showcase the highest CAGR of 21.6% during the forecast period.
Based on industry vertical, the healthcare segment is projected to showcase the highest CAGR of 22.3% during the forecast period. However, the BFSI segment held the largest share in 2021, accounting for more than one-fourth of the market.
Based on region, North America accounted for the highest share in 2021, contributing to more than one-third of the total market share, and is projected to continue its leadership status by 2031. However, the market across Asia-Pacific is projected to portray the fastest CAGR of 21.5% during the forecast period. The research also analyzes regions including Europe and LAMEA.
Leading players of the global network security testing market analyzed in the research include Checkmarx Ltd., AT&T, Core Security, Cigniti, IBM, Data Theorem, Inc., Kryptowire, ImpactQA, McAfee, LLC, LogRhthym, Inc., NowSecure, Micro Focus, PortSwigger Ltd., Parasoft, ScienceSoft USA Corporation, Rapid7, Synopsys, Inc., SecureWorks, Inc., and Veracode.
The report analyzes these key players in the global network security testing market. These players have adopted various strategies such as new product launches, expansion, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
Covid-19 Scenario:
The pandemic positively affected the market due to surge in digital penetration during the lockdown period. The implementation of strict social distancing policies fueled the demand for remote operating tools.
However, lack of skilled IT professionals and concerns regarding cybersecurity hampered the growth of the market.
